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Jooni
Jooni
·
2021-10-13
ok
Hong Kong stock exchange delays morning trading session due to typhoon
HKEX says that with storm signal in effect the session is delayed. Securities, derivates trade delay
Hong Kong stock exchange delays morning trading session due to typhoon
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Jooni
Jooni
·
2021-09-01
but
$Palantir Technologies Inc.(PLTR)$
!
🔥【9月1日】续涨!回光返照还是触底反弹?今天买什么?
@Buy_Sell:
聊聊今日份的交易想法,包括对于大盘走势后续的看法?看涨/看跌哪只股票、晒晒单等等。 港股市场 9月1日,恒生指数开盘下跌7.17点,跌幅0.03%,报25871.82点;国企指数开盘下跌3.98点,跌幅0.04%,报9179.78点;红筹指数开盘下跌6.58点,跌幅0.17%,报3907.48点;恒生科技指数涨0.39% 盘面上,手机概念股、光伏股、濠赌股、蓝筹地产股、体育用品股、物管股、燃气股多数上涨,$舜宇光学科技(02382)$ 高开3.57%;大型科技股涨跌参半,$腾讯控股(00700)$ 、$京东集团-SW(09618)$ 小幅高开,$快手-W(01024)$ 、$阿里巴巴-SW(09988)$ 跌超1%;内房股普跌,$绿城中国(03900)$ 低开逾4%,家电股、保险股、汽车股走弱,中国太保跌1.6%,$吉利汽车(00175)$ 跌1%。
🔥【9月1日】续涨!回光返照还是触底反弹?今天买什么?
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Jooni
Jooni
·
2021-08-23
Wow
非常抱歉,此主贴已删除
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706
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4
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Jooni
Jooni
·
2021-08-23
Wow
非常抱歉,此主贴已删除
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671
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Jooni
Jooni
·
2021-08-12
Wow
非常抱歉,此主贴已删除
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7
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Jooni
Jooni
·
2021-08-09
Buy
非常抱歉,此主贴已删除
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Jooni
Jooni
·
2021-08-08
Ok lo
非常抱歉,此主贴已删除
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Jooni
Jooni
·
2021-08-07
Wow
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Jooni
Jooni
·
2021-08-06
Wow
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Jooni
Jooni
·
2021-08-05
Ok
What's Next For The S&P 500: 10% Pullback or Rolling Correction?
The market has become increasingly rational as this 16-month bull market matures, and index-based up
What's Next For The S&P 500: 10% Pullback or Rolling Correction?
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07:19","market":"hk","language":"en","title":"Hong Kong stock exchange delays morning trading session due to typhoon","url":"https://stock-news.laohu8.com/highlight/detail?id=1116686750","media":"forexlive","summary":"HKEX says that with storm signal in effect the session is delayed.\nSecurities, derivates trade delay","content":"<p>HKEX says that with storm signal in effect the session is delayed.</p>\n<p>Securities, derivates trade delayed opening.</p>","source":"lsy1623168602413","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>Hong Kong stock exchange delays morning trading session due to typhoon</title>\n<style 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}\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\">\nHong Kong stock exchange delays morning trading session due to typhoon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-13 07:19 GMT+8 <a href=https://www.forexlive.com/news/!/hong-kong-stock-exchange-delays-morning-trading-session-due-to-typhoon-20211012><strong>forexlive</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HKEX says that with storm signal in effect the session is delayed.\nSecurities, derivates trade delayed opening.</p>\n\n<a href=\"https://www.forexlive.com/news/!/hong-kong-stock-exchange-delays-morning-trading-session-due-to-typhoon-20211012\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSCCI":"红筹指数","HSI":"恒生指数","HSTECH":"恒生科技指数"},"source_url":"https://www.forexlive.com/news/!/hong-kong-stock-exchange-delays-morning-trading-session-due-to-typhoon-20211012","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116686750","content_text":"HKEX says that with storm signal in effect the session is delayed.\nSecurities, derivates trade delayed opening.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":816139758,"gmtCreate":1630475703374,"gmtModify":1631883909523,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"but <a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> !","listText":"but <a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> !","text":"but $Palantir Technologies Inc.(PLTR)$ !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816139758","repostId":"816304595","repostType":1,"repost":{"id":816304595,"gmtCreate":1630464679814,"gmtModify":1710361318721,"author":{"id":"3527667596890271","authorId":"3527667596890271","name":"Buy_Sell","avatar":"https://static.tigerbbs.com/a5f0ed79a338c758a22e0b4ea13bf9d2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667596890271","authorIdStr":"3527667596890271"},"themes":[],"title":"🔥【9月1日】续涨!回光返照还是触底反弹?今天买什么?","htmlText":"聊聊今日份的交易想法,包括对于大盘走势后续的看法?看涨/看跌哪只股票、晒晒单等等。 港股市场 9月1日,恒生指数开盘下跌7.17点,跌幅0.03%,报25871.82点;国企指数开盘下跌3.98点,跌幅0.04%,报9179.78点;红筹指数开盘下跌6.58点,跌幅0.17%,报3907.48点;恒生科技指数涨0.39% 盘面上,手机概念股、光伏股、濠赌股、蓝筹地产股、体育用品股、物管股、燃气股多数上涨,<a target=\"_blank\" href=\"https://laohu8.com/S/02382\">$舜宇光学科技(02382)$</a> 高开3.57%;大型科技股涨跌参半,<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 小幅高开,<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 跌超1%;内房股普跌,<a target=\"_blank\" href=\"https://laohu8.com/S/03900\">$绿城中国(03900)$</a> 低开逾4%,家电股、保险股、汽车股走弱,中国太保跌1.6%,<a target=\"_blank\" href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a> 跌1%。","listText":"聊聊今日份的交易想法,包括对于大盘走势后续的看法?看涨/看跌哪只股票、晒晒单等等。 港股市场 9月1日,恒生指数开盘下跌7.17点,跌幅0.03%,报25871.82点;国企指数开盘下跌3.98点,跌幅0.04%,报9179.78点;红筹指数开盘下跌6.58点,跌幅0.17%,报3907.48点;恒生科技指数涨0.39% 盘面上,手机概念股、光伏股、濠赌股、蓝筹地产股、体育用品股、物管股、燃气股多数上涨,<a target=\"_blank\" href=\"https://laohu8.com/S/02382\">$舜宇光学科技(02382)$</a> 高开3.57%;大型科技股涨跌参半,<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 小幅高开,<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 跌超1%;内房股普跌,<a target=\"_blank\" href=\"https://laohu8.com/S/03900\">$绿城中国(03900)$</a> 低开逾4%,家电股、保险股、汽车股走弱,中国太保跌1.6%,<a target=\"_blank\" href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a> 跌1%。","text":"聊聊今日份的交易想法,包括对于大盘走势后续的看法?看涨/看跌哪只股票、晒晒单等等。 港股市场 9月1日,恒生指数开盘下跌7.17点,跌幅0.03%,报25871.82点;国企指数开盘下跌3.98点,跌幅0.04%,报9179.78点;红筹指数开盘下跌6.58点,跌幅0.17%,报3907.48点;恒生科技指数涨0.39% 盘面上,手机概念股、光伏股、濠赌股、蓝筹地产股、体育用品股、物管股、燃气股多数上涨,$舜宇光学科技(02382)$ 高开3.57%;大型科技股涨跌参半,$腾讯控股(00700)$ 、$京东集团-SW(09618)$ 小幅高开,$快手-W(01024)$ 、$阿里巴巴-SW(09988)$ 跌超1%;内房股普跌,$绿城中国(03900)$ 低开逾4%,家电股、保险股、汽车股走弱,中国太保跌1.6%,$吉利汽车(00175)$ 跌1%。","images":[{"img":"https://static.tigerbbs.com/11479c4b6400e95a77b84f9ea24c60da","width":"361","height":"361"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816304595","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":939,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835051956,"gmtCreate":1629681842775,"gmtModify":1633683277937,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835051956","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835053899,"gmtCreate":1629681818411,"gmtModify":1633683278727,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835053899","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895591954,"gmtCreate":1628754072678,"gmtModify":1633689759517,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/895591954","repostId":"2158347237","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898656170,"gmtCreate":1628495921190,"gmtModify":1633746687052,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/898656170","repostId":"2157492988","repostType":4,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891710051,"gmtCreate":1628427009073,"gmtModify":1633747196368,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Ok lo","listText":"Ok lo","text":"Ok lo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891710051","repostId":"2157901414","repostType":4,"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891182472,"gmtCreate":1628349185596,"gmtModify":1633751515544,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891182472","repostId":"1139912651","repostType":4,"isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899516457,"gmtCreate":1628206102279,"gmtModify":1633752712171,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899516457","repostId":"2157456017","repostType":4,"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899336955,"gmtCreate":1628158314277,"gmtModify":1633753077986,"author":{"id":"3566131610450233","authorId":"3566131610450233","name":"Jooni","avatar":"https://static.tigerbbs.com/916a1a91b3f4b3712df6160763d05827","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566131610450233","authorIdStr":"3566131610450233"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/899336955","repostId":"1121866583","repostType":4,"repost":{"id":"1121866583","kind":"news","pubTimestamp":1628158108,"share":"https://www.laohu8.com/m/news/1121866583?lang=&edition=full","pubTime":"2021-08-05 18:08","market":"us","language":"en","title":"What's Next For The S&P 500: 10% Pullback or Rolling Correction?","url":"https://stock-news.laohu8.com/highlight/detail?id=1121866583","media":"zacks","summary":"The market has become increasingly rational as this 16-month bull market matures, and index-based up","content":"<p>The market has become increasingly rational as this 16-month bull market matures, and index-based upside potential dwindles every additional percentage they rally. This is a stock picker's market. Quality stocks in well-positioned sectors will have much higher upside potential than most index-tracking ETFs for the remainder of 2021.</p>\n<p>The S&P 500 hasn't seen a pullback of more than 5% so far this year and hasn't seen an actual correction (a pullback of 10% or more) since last September, which was quickly bought back up once that down 10% mark was reached. Despite this blue-chip benchmark not exhibiting any material sell-off, over 90% of its 505 components have experienced a 10% or larger correction in 2021 thus far.</p>\n<p><b>Rotations In & Out of Growth & Value</b></p>\n<p>Investors have kept the stock market's bull drive alive by rotating in and out of growth and value sectors as portfolio's position for the reopening at the beginning of the year, then turned back to growth stocks when the yield surge began to fade mid-May. This performance deviation is clearly illustrated below with Vanguard's growth-oriented ETF (VUG Quick QuoteVUG-Free Report) in the candlesticks and its value-focused ETF (VTV Quick QuoteVTV-Free Report) represented by the orange line.</p>\n<p><img src=\"https://static.tigerbbs.com/80d0680692ab8ada950167692164017e\" tg-width=\"620\" tg-height=\"408\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image Source: TradingView</p>\n<p>The year-to-date performance divergence between these two stock groupings illustrates that investors & traders are not buying indiscriminately. Meaning that judgment is going into every trade decision (aka stock picking), causing the market to deflate overstretched areas and reallocate into relatively cheaper spaces.</p>\n<p><b>Accelerating Annualized Returns</b></p>\n<p>The S&P 500 has remained above an extraordinary 75% annualized return trendline for over 16 months now. Unfortunately, this rate of return isn't even close to sustainable.</p>\n<p>The S&P 500 has averaged 12% upside a year over the past 3 decades. However, the average annual growth rate has aged like fine wine. This blue-chip benchmark has demonstrated an average annualized return of nearly 15% over the past decade, and if narrowed down to just the last 5 years, those annual gains go up to over 16%.</p>\n<p>The stock market is experiencing swelling average annual gains because of the rapid acceleration of technology that continuously accelerates companies' and our economy's growth outlook. I expect to see continued annualized return acceleration over the next decade as tech makes up a growing portion of the public equity market. Nevertheless, a rolling 75% annualized return out of the S&P 500 isn't viable.</p>\n<p>There may be too much sideline capital (a record 5.5 trillion in money market funds, according to Goldman Sachs (GS Quick QuoteGS-Free Report) for the market to entirely correct. Still, we are due for consolidation over the next few months, aka a rolling correction.</p>\n<p>We are now entering a pivotal point in this maturing market cycle. Q2 earnings season has been tremendous thus far, with earnings soaring 105% on sales up over 22% from a year ago. 91% of the reported companies beating EPS estimates, and over 86% beat top-line projections. The richly valued tech sector has demonstrated awe-inspiring Q2 results, with 100% of them exceeding EPS estimates and over 96% beating on revenues, which seemingly justified frothy valuations in the space.</p>\n<p>However, analysts are projecting peak earnings growth to be in the rear-view mirror as Q2 earnings season wraps up, and at these rich multiples, valuation compression may be in order. Even with these exceptional quarterly reports and growing full-year estimates, we have seen an undue level of profit-pulling and defensive market positioning. The resurging COVID fears and anticipated shift in monetary policy also weigh on bullish sentiment.</p>\n<p>Nevertheless, the enormous amount of cash on the bench is still being put to work, with every marginal dip being bought right back up. The national consumer savings rate in the US sits sizably above the last decade's average. Americans are not only participating in the public equity market at a record rate, but they also have plenty of liquidity to keep buying their favorite stocks.</p>\n<p>Stocks remain the most attractive asset class, with negative real interest rates in the bond market, sky-high commodity prices, highly volatile crypto prices, and pricing pressure that most publicly traded companies have been able to easily transfer to their end-markets (illustrated by Q2 margin results).</p>\n<p>I expect to see a rolling correction, reflected by a consolidating stock market, instead of this 10%+ correction that analysts have been postulating. Range-bound indexes(less than 10% swings) for some time (month or two) would have the same valuation compressing effect as an all-out correction because earnings would be growing while prices remain muted, leading to shrinking P/E multiples (aka rolling correction).</p>\n<p>I foresee a sideways broader market trade until the Delta-variant is no longer a global concern. I remain bullish on stocks for the remaining 5 months of 2021 and am confident that the S&P 500 will close out the year higher than it is trading at today.</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>What's Next For The S&P 500: 10% Pullback or Rolling Correction?</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\">\nWhat's Next For The S&P 500: 10% Pullback or Rolling Correction?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 18:08 GMT+8 <a href=https://www.zacks.com/commentary/1773639/whats-next-for-the-sp-500-10-pullback-or-rolling-correction?&art_rec=home-home-investment_ideas_stocks-ID09-txt-1278004><strong>zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The market has become increasingly rational as this 16-month bull market matures, and index-based upside potential dwindles every additional percentage they rally. This is a stock picker's market. ...</p>\n\n<a href=\"https://www.zacks.com/commentary/1773639/whats-next-for-the-sp-500-10-pullback-or-rolling-correction?&art_rec=home-home-investment_ideas_stocks-ID09-txt-1278004\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.zacks.com/commentary/1773639/whats-next-for-the-sp-500-10-pullback-or-rolling-correction?&art_rec=home-home-investment_ideas_stocks-ID09-txt-1278004","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121866583","content_text":"The market has become increasingly rational as this 16-month bull market matures, and index-based upside potential dwindles every additional percentage they rally. This is a stock picker's market. Quality stocks in well-positioned sectors will have much higher upside potential than most index-tracking ETFs for the remainder of 2021.\nThe S&P 500 hasn't seen a pullback of more than 5% so far this year and hasn't seen an actual correction (a pullback of 10% or more) since last September, which was quickly bought back up once that down 10% mark was reached. Despite this blue-chip benchmark not exhibiting any material sell-off, over 90% of its 505 components have experienced a 10% or larger correction in 2021 thus far.\nRotations In & Out of Growth & Value\nInvestors have kept the stock market's bull drive alive by rotating in and out of growth and value sectors as portfolio's position for the reopening at the beginning of the year, then turned back to growth stocks when the yield surge began to fade mid-May. This performance deviation is clearly illustrated below with Vanguard's growth-oriented ETF (VUG Quick QuoteVUG-Free Report) in the candlesticks and its value-focused ETF (VTV Quick QuoteVTV-Free Report) represented by the orange line.\n\nImage Source: TradingView\nThe year-to-date performance divergence between these two stock groupings illustrates that investors & traders are not buying indiscriminately. Meaning that judgment is going into every trade decision (aka stock picking), causing the market to deflate overstretched areas and reallocate into relatively cheaper spaces.\nAccelerating Annualized Returns\nThe S&P 500 has remained above an extraordinary 75% annualized return trendline for over 16 months now. Unfortunately, this rate of return isn't even close to sustainable.\nThe S&P 500 has averaged 12% upside a year over the past 3 decades. However, the average annual growth rate has aged like fine wine. This blue-chip benchmark has demonstrated an average annualized return of nearly 15% over the past decade, and if narrowed down to just the last 5 years, those annual gains go up to over 16%.\nThe stock market is experiencing swelling average annual gains because of the rapid acceleration of technology that continuously accelerates companies' and our economy's growth outlook. I expect to see continued annualized return acceleration over the next decade as tech makes up a growing portion of the public equity market. Nevertheless, a rolling 75% annualized return out of the S&P 500 isn't viable.\nThere may be too much sideline capital (a record 5.5 trillion in money market funds, according to Goldman Sachs (GS Quick QuoteGS-Free Report) for the market to entirely correct. Still, we are due for consolidation over the next few months, aka a rolling correction.\nWe are now entering a pivotal point in this maturing market cycle. Q2 earnings season has been tremendous thus far, with earnings soaring 105% on sales up over 22% from a year ago. 91% of the reported companies beating EPS estimates, and over 86% beat top-line projections. The richly valued tech sector has demonstrated awe-inspiring Q2 results, with 100% of them exceeding EPS estimates and over 96% beating on revenues, which seemingly justified frothy valuations in the space.\nHowever, analysts are projecting peak earnings growth to be in the rear-view mirror as Q2 earnings season wraps up, and at these rich multiples, valuation compression may be in order. Even with these exceptional quarterly reports and growing full-year estimates, we have seen an undue level of profit-pulling and defensive market positioning. The resurging COVID fears and anticipated shift in monetary policy also weigh on bullish sentiment.\nNevertheless, the enormous amount of cash on the bench is still being put to work, with every marginal dip being bought right back up. The national consumer savings rate in the US sits sizably above the last decade's average. Americans are not only participating in the public equity market at a record rate, but they also have plenty of liquidity to keep buying their favorite stocks.\nStocks remain the most attractive asset class, with negative real interest rates in the bond market, sky-high commodity prices, highly volatile crypto prices, and pricing pressure that most publicly traded companies have been able to easily transfer to their end-markets (illustrated by Q2 margin results).\nI expect to see a rolling correction, reflected by a consolidating stock market, instead of this 10%+ correction that analysts have been postulating. Range-bound indexes(less than 10% swings) for some time (month or two) would have the same valuation compressing effect as an all-out correction because earnings would be growing while prices remain muted, leading to shrinking P/E multiples (aka rolling correction).\nI foresee a sideways broader market trade until the Delta-variant is no longer a global concern. I remain bullish on stocks for the remaining 5 months of 2021 and am confident that the S&P 500 will close out the year higher than it is trading at today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":741,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}