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dearpat

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- dearpatdearpat
  ·2021-09-03
  Very nice!!
  非常抱歉，此主贴已删除
  1,274 1
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- dearpatdearpat
  ·2021-08-26
  I like pins but I do struggle to see how it canbe super profitable hm [Doubt]
  The Long, Arduous Road to Find Pinterest’s Ultimate Value
  Pinterest is down 27% since it produced great earnings. Why?
  The Long, Arduous Road to Find Pinterest’s Ultimate Value
  1,687 评论
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- dearpatdearpat
  ·2021-08-20
  She’s been saying it for a while~~!
  非常抱歉，此主贴已删除
  1,445 1
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- dearpatdearpat
  ·2021-08-19
  Correction coming?
  Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious
  Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting. Th
  Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious
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- dearpatdearpat
  ·2021-08-13
  I like Roku tho I’m not vested. Want to see more international movements first...
  非常抱歉，此主贴已删除
  3,584 评论
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- dearpatdearpat
  ·2021-08-13
  [Facepalm] cash is king?
  非常抱歉，此主贴已删除
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- dearpatdearpat
  ·2021-08-06
  Looking forward to more positive sentiments [Great]
  1,059 1
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- dearpatdearpat
  ·2021-07-22
  Mixed feelings[Serious]
  非常抱歉，此主贴已删除
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- dearpatdearpat
  ·2021-07-12
  Prob no, but there’s still growth for this company
  非常抱歉，此主贴已删除
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- dearpatdearpat
  ·2021-06-29
  “It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech” leggo
  非常抱歉，此主贴已删除
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nice!!","listText":"Very nice!!","text":"Very nice!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815208345","repostId":"2164829851","repostType":4,"isVote":1,"tweetType":1,"viewCount":1274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810861388,"gmtCreate":1629963306644,"gmtModify":1631888942539,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"I like pins but I do struggle to see how it canbe super profitable hm [Doubt]&nbsp;","listText":"I like pins but I do struggle to see how it canbe super profitable hm [Doubt]&nbsp;","text":"I like pins but I do struggle to see how it canbe super profitable hm [Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810861388","repostId":"1123956624","repostType":4,"repost":{"id":"1123956624","kind":"news","pubTimestamp":1629960843,"share":"https://www.laohu8.com/m/news/1123956624?lang=&edition=full","pubTime":"2021-08-26 14:54","market":"us","language":"en","title":"The Long, Arduous Road to Find Pinterest’s Ultimate Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1123956624","media":"InvestorPlace","summary":"Pinterest is down 27% since it produced great earnings. Why?","content":"<p><b>Pinterest</b>(NYSE:<b><u>PINS</u></b>) has been falling since its earnings release last month. Investors are rightly asking what is the ultimate value of PINS stock?</p>\n<p>On the surface, the June quarter earnings were great. Revenue was up 125% from a year ago, at $613 million. The shopping site even made money, $69 million, 10 cents/share fully diluted. Management expects 40% year-over-year revenue growth in the current quarter. Brand advertisements won’t resume until October.</p>\n<p>Why are shares down 27% since those earnings came out? The glib answer is that Pinterest missed on user growth, which was just 9%. That means 454 million people used the site at least once each month.Analysts had expected 482 million.</p>\n<p>But that’s not why I’m avoiding it.</p>\n<p><b>Fundamental Value</b></p>\n<p>The days when investors would fall for internet buzzwords that make you swoon, like e-commerce, are over. Internet brands like&nbsp;<b>Casper Sleep</b>(NYSE:<b><u>CSPR</u></b>) mattresses have opened stores. Stores like&nbsp;<b>Target</b>(NYSE:<b><u>TGT</u></b>) have mastered online selling.</p>\n<p>Investors are being asked to justify a PINS stock market cap of $35 billion when the company may do $2.25 billion in sales this year. A lot of that revenue can hit the net income line, because Pinterest isn’t holding its own stock. In this stellar second quarter print, 11% of revenue flowed to the bottom line.</p>\n<p>Then there’s the question of growth. The June quarter of 2021 is being compared with the same period in 2020. That was the heart of the pandemic. Growth is already slowing, as the company admits.</p>\n<p>Pinterest isn’t a general interest shopping site. It’s a niche site. It’s meant to inspire buying, to create a sense of serendipity. It has miles of virtual aisles that people browse at their leisure. Remember, 454 million users generated $613 million in sales. That’s $1.35 per head. There’s a magician’s trick based on&nbsp;$1.35. It costs $50.</p>\n<p>Pinterest is trying to goose future numbers with searches&nbsp;based on hair textures. It has launched tools aimed at&nbsp;helping creators&nbsp;monetize their content. The first shows just how niche Pinterest is. The latter sounds great, but other platforms have been doing it for some time.</p>\n<p><b>The Bull Argument for PINS Stock</b></p>\n<p>The bull argument, which many&nbsp;<i>InvestorPlace</i>&nbsp;writers share, is that&nbsp;investors over-reacted&nbsp;to the June engagement numbers.Buy the dip, we’re being told. The fundamentals are great, and Pinterest has only begun to monetize its user base.</p>\n<p>Maybe. Put a pin in that for a moment. Maybe this really is&nbsp;the digital platform of tomorrow. Maybe, by tying itself to creators and&nbsp;<b>Shopify</b>(NYSE:<b><u>SHOP</u></b>), Pinterest has only begun to fight for consumer dollars. Maybe what goes down&nbsp;must come up.</p>\n<p>But what is PINS stock’s real potential? When it came public in 2019,eight out of 10&nbsp;U.S. moms were already on the platform. &nbsp;Yes, it’s a big world out there. As the second quarter report shows, international growth is faster now than domestic. But revenue per international user is just 36 cents.</p>\n<p><b>The Bottom Line</b></p>\n<p>How big can PINS stock get? What is the market for serendipity?</p>\n<p>Those are the questions investors should ask about Pinterest. Is it 16 times revenue? Is it 204 times earnings? Even fast growth carries a maximum price. Even&nbsp;<b>Amazon</b>&nbsp;(NASDAQ:<b><u>AMZN</u></b>) is down on the year.</p>\n<p>An e-commerce site can no longer be evaluated in isolation. We can no longer assume that if something is growing this fast today that this will continue. Pinterest’s user base is down from its pandemic high. As the world opens, Pinterest must compete with the world.</p>\n<p>My view is that the current price of Pinterest stock is speculative. It assumes growth that may not come. It assumes enormous growth. I believe Pinterest will keep growing. But I also believe its ultimate value is still below its stock price.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Long, Arduous Road to Find Pinterest’s Ultimate Value</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Long, Arduous Road to Find Pinterest’s Ultimate Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 14:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/pins-stock-the-long-arduous-road-to-find-pinterests-ultimate-value/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pinterest(NYSE:PINS) has been falling since its earnings release last month. Investors are rightly asking what is the ultimate value of PINS stock?\nOn the surface, the June quarter earnings were great...</p>\n\n<a href=\"https://investorplace.com/2021/08/pins-stock-the-long-arduous-road-to-find-pinterests-ultimate-value/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc."},"source_url":"https://investorplace.com/2021/08/pins-stock-the-long-arduous-road-to-find-pinterests-ultimate-value/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123956624","content_text":"Pinterest(NYSE:PINS) has been falling since its earnings release last month. Investors are rightly asking what is the ultimate value of PINS stock?\nOn the surface, the June quarter earnings were great. Revenue was up 125% from a year ago, at $613 million. The shopping site even made money, $69 million, 10 cents/share fully diluted. Management expects 40% year-over-year revenue growth in the current quarter. Brand advertisements won’t resume until October.\nWhy are shares down 27% since those earnings came out? The glib answer is that Pinterest missed on user growth, which was just 9%. That means 454 million people used the site at least once each month.Analysts had expected 482 million.\nBut that’s not why I’m avoiding it.\nFundamental Value\nThe days when investors would fall for internet buzzwords that make you swoon, like e-commerce, are over. Internet brands like Casper Sleep(NYSE:CSPR) mattresses have opened stores. Stores like Target(NYSE:TGT) have mastered online selling.\nInvestors are being asked to justify a PINS stock market cap of $35 billion when the company may do $2.25 billion in sales this year. A lot of that revenue can hit the net income line, because Pinterest isn’t holding its own stock. In this stellar second quarter print, 11% of revenue flowed to the bottom line.\nThen there’s the question of growth. The June quarter of 2021 is being compared with the same period in 2020. That was the heart of the pandemic. Growth is already slowing, as the company admits.\nPinterest isn’t a general interest shopping site. It’s a niche site. It’s meant to inspire buying, to create a sense of serendipity. It has miles of virtual aisles that people browse at their leisure. Remember, 454 million users generated $613 million in sales. That’s $1.35 per head. There’s a magician’s trick based on $1.35. It costs $50.\nPinterest is trying to goose future numbers with searches based on hair textures. It has launched tools aimed at helping creators monetize their content. The first shows just how niche Pinterest is. The latter sounds great, but other platforms have been doing it for some time.\nThe Bull Argument for PINS Stock\nThe bull argument, which many InvestorPlace writers share, is that investors over-reacted to the June engagement numbers.Buy the dip, we’re being told. The fundamentals are great, and Pinterest has only begun to monetize its user base.\nMaybe. Put a pin in that for a moment. Maybe this really is the digital platform of tomorrow. Maybe, by tying itself to creators and Shopify(NYSE:SHOP), Pinterest has only begun to fight for consumer dollars. Maybe what goes down must come up.\nBut what is PINS stock’s real potential? When it came public in 2019,eight out of 10 U.S. moms were already on the platform.  Yes, it’s a big world out there. As the second quarter report shows, international growth is faster now than domestic. But revenue per international user is just 36 cents.\nThe Bottom Line\nHow big can PINS stock get? What is the market for serendipity?\nThose are the questions investors should ask about Pinterest. Is it 16 times revenue? Is it 204 times earnings? Even fast growth carries a maximum price. Even Amazon (NASDAQ:AMZN) is down on the year.\nAn e-commerce site can no longer be evaluated in isolation. We can no longer assume that if something is growing this fast today that this will continue. Pinterest’s user base is down from its pandemic high. As the world opens, Pinterest must compete with the world.\nMy view is that the current price of Pinterest stock is speculative. It assumes growth that may not come. It assumes enormous growth. I believe Pinterest will keep growing. But I also believe its ultimate value is still below its stock price.","news_type":1,"symbols_score_info":{"PINS":0.9}},"isVote":1,"tweetType":1,"viewCount":1687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838798957,"gmtCreate":1629427600979,"gmtModify":1631888942554,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"She’s been saying it for a while~~!","listText":"She’s been saying it for a while~~!","text":"She’s been saying it for a while~~!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/838798957","repostId":"1142628474","repostType":4,"isVote":1,"tweetType":1,"viewCount":1445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831500860,"gmtCreate":1629332766150,"gmtModify":1631888942566,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"Correction coming?&nbsp;","listText":"Correction coming?&nbsp;","text":"Correction coming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831500860","repostId":"1173912409","repostType":4,"repost":{"id":"1173912409","kind":"news","pubTimestamp":1629328047,"share":"https://www.laohu8.com/m/news/1173912409?lang=&edition=full","pubTime":"2021-08-19 07:07","market":"us","language":"en","title":"Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious","url":"https://stock-news.laohu8.com/highlight/detail?id=1173912409","media":"Barrons","summary":"Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.\nTh","content":"<p>Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.</p>\n<p>The&nbsp;Dow Jones Industrial Average&nbsp;dropped 383 points, or 1.1%, while the S&amp;P 500&nbsp;fell 1.1%. The Nasdaq Composite&nbsp;declined 0.9%. All three finished near their lows of the day.</p>\n<p>Fed governors have been dropping hints in recent weeks that the beginning of the end of the central bank’s bond buying was nearing, and the minutes confirmed that&nbsp;taperingis at hand. “Most participants noted that …it could be appropriate to start reducing the pace of asset purchases this year,” the minutes read.</p>\n<p>The assessment comes as&nbsp;the economy has recovered quickly, and reflects that the Fed is now focused on when—and how quickly—to remove support from the economy.</p>\n<p>The selloff was broad. About 83% of S&amp;P 500 stocks fell on the day, according to FactSet. This dynamics often reflects concern about how the market will perform without the Fed there to support it.</p>\n<p>Now, it’s just a question of when tapering will begin. It’ “is going to be September or December,” said Dave Wagner, portfolio manager and analyst at Aptus Capital Advisors. “Everyone is focusing on Jackson Hole in my opinion,” he continued, referring to the conclave of central bankers that occurs later this month in Jackson Hole, Wyo.</p>\n<p>Strangely, the bond market didn’t react all that much, with the 10-year Treasury yield closing at 1.27%, where it hovered for most of the day. The 2-year yield, which often moves higher when market participants see the Fed hiking short-term interest rates sooner, ended at 0.21%, lower than the 0.22% it hit in the morning.</p>\n<p>“I don’t think we’ve learned anything new,” said Tom Graff, head of fixed income at Brown Advisory. Graff added that the consensus for a short-term interest rate hikes in 2022 or 2023 hasn’t changed.</p>\n<p>A weak market, however, couldn’t keep some stocks down. For some, it was about earnings.Lowe’s&nbsp;(ticker: LOW) stock rose 9.6% after&nbsp;reporting a profit&nbsp;of $4.25 a share, beating estimates of $4.01 a share, on sales of $27.6 billion, above expectations for $26.9 billion.TJX&nbsp;(TJX) stock rose 6% after reporting&nbsp;a profit&nbsp;of 64 cents a share, beating estimates of 59 cents a share, on sales of $12.1 billion, above expectations for $11 billion.</p>\n<p>Others were buoyed by analyst upgrades, with ViacomCBS (VIAC) stock rose 3.7% after getting upgraded to Overweight from Equal Weight at Wells Fargo, and BlackBerry (BB) stock gained 4.2% after getting upgraded to Hold from Sell at Canaccord Genuity.</p>\n<p>Tilray&nbsp;(TLRY) stock rose 1.1% after the company bought senior secured convertible notes in marijuana company&nbsp;MedMen Enterprises.&nbsp;The notes would convert into an equity stake if&nbsp;cannabis is legalized in the U.S.</p>","source":"lsy1601382232898","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>Stocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks End the Day in an Ugly Way After Fed Minutes Show Taper Talk Is Serious\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-today-51629283162?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.\nThe Dow Jones Industrial Average dropped 383 points, or 1.1%, while the S&P 500 fell 1.1%. The Nasdaq ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-today-51629283162?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/stock-market-today-51629283162?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173912409","content_text":"Stocks sold off Wednesday after the release of the minutes of the Federal Reserve’s July meeting.\nThe Dow Jones Industrial Average dropped 383 points, or 1.1%, while the S&P 500 fell 1.1%. The Nasdaq Composite declined 0.9%. All three finished near their lows of the day.\nFed governors have been dropping hints in recent weeks that the beginning of the end of the central bank’s bond buying was nearing, and the minutes confirmed that taperingis at hand. “Most participants noted that …it could be appropriate to start reducing the pace of asset purchases this year,” the minutes read.\nThe assessment comes as the economy has recovered quickly, and reflects that the Fed is now focused on when—and how quickly—to remove support from the economy.\nThe selloff was broad. About 83% of S&P 500 stocks fell on the day, according to FactSet. This dynamics often reflects concern about how the market will perform without the Fed there to support it.\nNow, it’s just a question of when tapering will begin. It’ “is going to be September or December,” said Dave Wagner, portfolio manager and analyst at Aptus Capital Advisors. “Everyone is focusing on Jackson Hole in my opinion,” he continued, referring to the conclave of central bankers that occurs later this month in Jackson Hole, Wyo.\nStrangely, the bond market didn’t react all that much, with the 10-year Treasury yield closing at 1.27%, where it hovered for most of the day. The 2-year yield, which often moves higher when market participants see the Fed hiking short-term interest rates sooner, ended at 0.21%, lower than the 0.22% it hit in the morning.\n“I don’t think we’ve learned anything new,” said Tom Graff, head of fixed income at Brown Advisory. Graff added that the consensus for a short-term interest rate hikes in 2022 or 2023 hasn’t changed.\nA weak market, however, couldn’t keep some stocks down. For some, it was about earnings.Lowe’s (ticker: LOW) stock rose 9.6% after reporting a profit of $4.25 a share, beating estimates of $4.01 a share, on sales of $27.6 billion, above expectations for $26.9 billion.TJX (TJX) stock rose 6% after reporting a profit of 64 cents a share, beating estimates of 59 cents a share, on sales of $12.1 billion, above expectations for $11 billion.\nOthers were buoyed by analyst upgrades, with ViacomCBS (VIAC) stock rose 3.7% after getting upgraded to Overweight from Equal Weight at Wells Fargo, and BlackBerry (BB) stock gained 4.2% after getting upgraded to Hold from Sell at Canaccord Genuity.\nTilray (TLRY) stock rose 1.1% after the company bought senior secured convertible notes in marijuana company MedMen Enterprises. The notes would convert into an equity stake if cannabis is legalized in the U.S.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"BB":0.9,"LOW":0.9,"TJX":0.9,"TLRY":0.9,"VIAC":0.9}},"isVote":1,"tweetType":1,"viewCount":889,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894852786,"gmtCreate":1628818032445,"gmtModify":1631888942579,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"I like Roku tho I’m not vested. Want to see more international movements first...&nbsp;","listText":"I like Roku tho I’m not vested. Want to see more international movements first...&nbsp;","text":"I like Roku tho I’m not vested. Want to see more international movements first...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/894852786","repostId":"2158709252","repostType":4,"isVote":1,"tweetType":1,"viewCount":3584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894856979,"gmtCreate":1628817941491,"gmtModify":1631888942593,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"[Facepalm]&nbsp;cash is king?&nbsp;","listText":"[Facepalm]&nbsp;cash is king?&nbsp;","text":"[Facepalm] cash is king?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/894856979","repostId":"1162909242","repostType":4,"isVote":1,"tweetType":1,"viewCount":1655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899585253,"gmtCreate":1628206647572,"gmtModify":1631888942607,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"Looking forward to more positive sentiments [Great]&nbsp;","listText":"Looking forward to more positive sentiments [Great]&nbsp;","text":"Looking forward to more positive sentiments [Great]","images":[{"img":"https://static.tigerbbs.com/ee69f79c0cb0bff112797f6b3233b7fb","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/899585253","isVote":1,"tweetType":1,"viewCount":1059,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176534748,"gmtCreate":1626906475684,"gmtModify":1631888942618,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"Mixed feelings[Serious]&nbsp;","listText":"Mixed feelings[Serious]&nbsp;","text":"Mixed feelings[Serious]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/176534748","repostId":"1148130964","repostType":4,"isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146086060,"gmtCreate":1626044421550,"gmtModify":1631888942635,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"Prob no, but there’s still growth for this company","listText":"Prob no, but there’s still growth for this company","text":"Prob no, but there’s still growth for this company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146086060","repostId":"2150463301","repostType":4,"isVote":1,"tweetType":1,"viewCount":1124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150434294,"gmtCreate":1624924255718,"gmtModify":1631892018488,"author":{"id":"3562124135078682","authorId":"3562124135078682","name":"dearpat","avatar":"https://static.tigerbbs.com/9072a048663c0910db6a2b1378b5b5a7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562124135078682","authorIdStr":"3562124135078682"},"themes":[],"htmlText":"“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech” leggo","listText":"“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech” leggo","text":"“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech” leggo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150434294","repostId":"2147837316","repostType":4,"isVote":1,"tweetType":1,"viewCount":1332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}