WayneLo的个人主页 - 老虎社区

WayneLo

WayneLo

暂无个人介绍

IP属地：未知

19关注

14粉丝

0主题

0勋章

2021-11-08

Great ariticle, would you like to share it?

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-04

One more one more

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-03

Again

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-02

Nice try

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-02

Try again!!!

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-01

Try again

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-30

Nice try

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-29

Try

@小虎活动:[Halloween Game] Trade or Treat!

2021-07-05

Wow, gone case

抱歉，原内容已删除

2021-06-25

Will it be a bull run trap [思考]

抱歉，原内容已删除

2021-06-22

We shall see

抱歉，原内容已删除

2021-06-21

Does anyone complete TIGER? Have any spare T to exchange?

2021-06-21

IPO week ...

抱歉，原内容已删除

2021-06-20

Bank stocks are not in favour and not in my radar

Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>

2021-06-17

It's a real gambling

抱歉，原内容已删除

2021-06-16

Disney looks good in long term

抱歉，原内容已删除

2021-06-15

How far it goes

抱歉，原内容已删除

2021-06-14

Lol, joker

抱歉，原内容已删除

2021-06-13

Investor...

Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>

2021-06-11

When will it be the peak?

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3571463229344698","uuid":"3571463229344698","gmtCreate":1608377938144,"gmtModify":1609898634751,"name":"WayneLo","pinyin":"waynelo","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":14,"headSize":19,"tweetSize":127,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-2","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"资深虎友","description":"加入老虎社区1000天","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.16","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.45%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":845667333,"gmtCreate":1636335404040,"gmtModify":1636335404322,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845667333","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848951535,"gmtCreate":1635955854320,"gmtModify":1635955854641,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"One more one more","listText":"One more one more","text":"One more one more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848951535","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841278246,"gmtCreate":1635919773809,"gmtModify":1635919773902,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Again","listText":"Again","text":"Again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841278246","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841934153,"gmtCreate":1635867359868,"gmtModify":1635867359972,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Nice try","listText":"Nice try","text":"Nice try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841934153","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843283223,"gmtCreate":1635832208302,"gmtModify":1635832208393,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Try again!!!","listText":"Try again!!!","text":"Try again!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843283223","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849715631,"gmtCreate":1635777307982,"gmtModify":1635777308086,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Try again","listText":"Try again","text":"Try again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849715631","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840161835,"gmtCreate":1635607708831,"gmtModify":1635607708925,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Nice try","listText":"Nice try","text":"Nice try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840161835","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857627875,"gmtCreate":1635523051414,"gmtModify":1635523060708,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Try","listText":"Try","text":"Try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857627875","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":155533372,"gmtCreate":1625444045296,"gmtModify":1631890862463,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Wow, gone case","listText":"Wow, gone case","text":"Wow, gone case","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/155533372","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":2333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126430127,"gmtCreate":1624581049169,"gmtModify":1631890862467,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Will it be a bull run trap&nbsp;[思考]&nbsp;","listText":"Will it be a bull run trap&nbsp;[思考]&nbsp;","text":"Will it be a bull run trap [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/126430127","repostId":"2146202596","repostType":4,"isVote":1,"tweetType":1,"viewCount":3506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":120174520,"gmtCreate":1624317567660,"gmtModify":1631890862470,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"We shall see","listText":"We shall see","text":"We shall see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120174520","repostId":"2145061039","repostType":4,"isVote":1,"tweetType":1,"viewCount":837,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164294684,"gmtCreate":1624205583348,"gmtModify":1631890862472,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Does anyone complete TIGER? Have any spare T to exchange?","listText":"Does anyone complete TIGER? Have any spare T to exchange?","text":"Does anyone complete TIGER? Have any spare T to exchange?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164294684","isVote":1,"tweetType":1,"viewCount":894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164291460,"gmtCreate":1624205340650,"gmtModify":1631890862480,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"IPO week ...","listText":"IPO week ...","text":"IPO week ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/164291460","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":1117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165520408,"gmtCreate":1624152210304,"gmtModify":1631890862498,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Bank stocks are not in favour and not in my radar","listText":"Bank stocks are not in favour and not in my radar","text":"Bank stocks are not in favour and not in my radar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/165520408","repostId":"1119296361","repostType":4,"repost":{"id":"1119296361","kind":"news","pubTimestamp":1624028454,"share":"https://www.laohu8.com/m/news/1119296361?lang=zh_CN&edition=full","pubTime":"2021-06-18 23:00","market":"us","language":"en","title":"Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296361","media":"Barrons","summary":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier","content":"<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>当美联储发布6月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借钱和长期借钱来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会提高，而当情况相反时，利润会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三会议结束后，10年期国债收益率大幅反弹，上涨0.071%至1.569%，而两年期国债收益率上涨0.038个百分点至0.203%，两者利差达到1.366个百分点。这种扩大使得金融业，尤其是银行股成为少数几个对美联储周三的声明做出积极反应的行业之一。SPDR S&amp;P Bank ETF(KBE)上涨0.9%，摩根大通(JPM)上涨0.7%，尽管标准普尔500指数下跌0.5%，道琼斯工业平均指数下跌0.8%，纳斯达克综合指数下跌0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期国债收益率跌至1.498%，两年期国债收益率升至0.238%，差距为1.26个百分点。对于银行等利率敏感行业来说，所谓的收益率曲线变平是个坏消息。SPDR S&amp;P Bank ETF周四下跌4.5%，周五盘前交易下跌1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道指期货下跌0.8%。纳斯达克综合指数期货下跌0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>市场为何大转变？为了让收益率继续上升，经济需要表明它正在迅速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长。Evercore ISI策略师丹尼斯·德布斯切尔(Dennis DeBusschere)表示，由于周四初请失业金人数大幅下降，并在六周下降后首次上升，市场决定关注后者，而不是前者。他写道：“相对于所有人之前的想法，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那么强劲。”</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></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>Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</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\">\nBank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-18 23:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>当美联储发布6月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借钱和长期借钱来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会提高，而当情况相反时，利润会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三会议结束后，10年期国债收益率大幅反弹，上涨0.071%至1.569%，而两年期国债收益率上涨0.038个百分点至0.203%，两者利差达到1.366个百分点。这种扩大使得金融业，尤其是银行股成为少数几个对美联储周三的声明做出积极反应的行业之一。SPDR S&amp;P Bank ETF(KBE)上涨0.9%，摩根大通(JPM)上涨0.7%，尽管标准普尔500指数下跌0.5%，道琼斯工业平均指数下跌0.8%，纳斯达克综合指数下跌0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期国债收益率跌至1.498%，两年期国债收益率升至0.238%，差距为1.26个百分点。对于银行等利率敏感行业来说，所谓的收益率曲线变平是个坏消息。SPDR S&amp;P Bank ETF周四下跌4.5%，周五盘前交易下跌1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道指期货下跌0.8%。纳斯达克综合指数期货下跌0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>市场为何大转变？为了让收益率继续上升，经济需要表明它正在迅速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长。Evercore ISI策略师丹尼斯·德布斯切尔(Dennis DeBusschere)表示，由于周四初请失业金人数大幅下降，并在六周下降后首次上升，市场决定关注后者，而不是前者。他写道：“相对于所有人之前的想法，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那么强劲。”</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA\">Barrons</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":{"JPM":"摩根大通","BAC":"美国银行","GS":"高盛","MS":"摩根士丹利","WFC":"富国银行","C":"花旗"},"source_url":"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296361","content_text":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.\nAfter Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%\nThe market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.\nWhy the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.\nUntil that changes, it will be hard for bank stocks to bounce back.","news_type":1,"symbols_score_info":{"MS":0.9,"WFC":0.9,"BAC":0.9,"C":0.9,"GS":0.9,"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163403547,"gmtCreate":1623890417389,"gmtModify":1631890862515,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"It's a real gambling","listText":"It's a real gambling","text":"It's a real gambling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/163403547","repostId":"2143791761","repostType":4,"isVote":1,"tweetType":1,"viewCount":1028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160468965,"gmtCreate":1623804596057,"gmtModify":1631885075676,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Disney looks good in long term","listText":"Disney looks good in long term","text":"Disney looks good in long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/160468965","repostId":"1150591447","repostType":4,"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184572084,"gmtCreate":1623720244648,"gmtModify":1631890862516,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"How far it goes","listText":"How far it goes","text":"How far it goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/184572084","repostId":"1126626020","repostType":4,"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185335757,"gmtCreate":1623632984379,"gmtModify":1631890862519,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Lol, joker","listText":"Lol, joker","text":"Lol, joker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185335757","repostId":"1132051258","repostType":4,"isVote":1,"tweetType":1,"viewCount":932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182887558,"gmtCreate":1623563165374,"gmtModify":1631890862522,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"Investor...","listText":"Investor...","text":"Investor...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182887558","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法，不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</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>Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</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\">\nInvestor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-12 11:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法，不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">The Wall Street Journal</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",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181049122,"gmtCreate":1623368742766,"gmtModify":1634034199315,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"htmlText":"When will it be the peak?","listText":"When will it be the peak?","text":"When will it be the peak?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181049122","repostId":"1184070773","repostType":4,"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":164291460,"gmtCreate":1624205340650,"gmtModify":1631890862480,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"IPO week ...","listText":"IPO week ...","text":"IPO week ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/164291460","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":1117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115410206,"gmtCreate":1623026540305,"gmtModify":1634096169071,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"All sorts of gambling&nbsp;","listText":"All sorts of gambling&nbsp;","text":"All sorts of gambling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/115410206","repostId":"2141926289","repostType":4,"isVote":1,"tweetType":1,"viewCount":639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197321869,"gmtCreate":1621430088951,"gmtModify":1634189234451,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Looks like it's not the bottom yet","listText":"Looks like it's not the bottom yet","text":"Looks like it's not the bottom yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/197321869","repostId":"1147082881","repostType":4,"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343759361,"gmtCreate":1617757225553,"gmtModify":1634296709769,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"If we are holding for long term, blue chip has nothing to worry about","listText":"If we are holding for long term, blue chip has nothing to worry about","text":"If we are holding for long term, blue chip has nothing to worry about","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/343759361","repostId":"1177263079","repostType":4,"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359779620,"gmtCreate":1616426511760,"gmtModify":1634525863337,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"High risk high return[冷漠]&nbsp;","listText":"High risk high return[冷漠]&nbsp;","text":"High risk high return[冷漠]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/359779620","repostId":"1196402560","repostType":4,"isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":366164335,"gmtCreate":1614413367327,"gmtModify":1703477416683,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>就看你能耗盡我的耐性沒有","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>就看你能耗盡我的耐性沒有","text":"$Affirm Holdings, Inc.(AFRM)$就看你能耗盡我的耐性沒有","images":[{"img":"https://static.tigerbbs.com/5733b2e6df94d53659e124799f37f167","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/366164335","isVote":1,"tweetType":1,"viewCount":1037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":104036400,"gmtCreate":1620344682000,"gmtModify":1634205977607,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Cypto is still not my cup of tea","listText":"Cypto is still not my cup of tea","text":"Cypto is still not my cup of tea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104036400","repostId":"1123939866","repostType":4,"repost":{"id":"1123939866","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":1620342830,"share":"https://www.laohu8.com/m/news/1123939866?lang=zh_CN&edition=full","pubTime":"2021-05-07 07:13","market":"us","language":"en","title":"Square gets a bitcoin boost with revenue up 266%<blockquote>Square比特币增长，收入增长266%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123939866","media":"Tiger Newspress","summary":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal f","content":"<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Square公布第一财季盈利超出华尔街预期后，该公司股价在周四盘后交易中上涨6%。</blockquote></p><p>Here's how the company did:</p><p><blockquote>该公司的做法如下：</blockquote></p><p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p><blockquote><ul><li><b>每股盈利：</b>调整后为41美分，而Refinitiv对分析师的调查预期为16美分</li></ul><ul><li><b>收入：</b>50.6亿美元，而Refinitiv预期为33.6亿美元</li></ul>第一季度营收升至50.6亿美元，同比增长266%，这主要得益于比特币营收的增长。该季度净利润为3900万美元。</blockquote></p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p><blockquote>一份声明称，截至3月31日的季度，毛利润同比增长79%，达到9.64亿美元。</blockquote></p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p><blockquote>Cash App毛利润为4.95亿美元，同比增长171%。今年3月，Square与Venmo的点对点竞争对手开始为客户提供免费即时发送比特币的功能。</blockquote></p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p><blockquote>Square公布的比特币收入为35亿美元，同比增长11倍。但比特币的毛利润仅为7500万美元，约占营收的2%。</blockquote></p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p><blockquote>在公司的盈利看涨期权上，首席执行官Jack Dorsey表示，Square将比特币视为互联网拥有本土货币的潜力，该公司希望“尽我们所能进一步发展这一潜力”。</blockquote></p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p><blockquote>“我们的重点首先是让……比特币成为本国货币，”Dorsey说。“它消除了我们业务的一系列摩擦。我们完全相信，它为世界各地的经济赋权创造了更多机会。”</blockquote></p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p><blockquote>除了为用户提供在Cash应用程序中买卖比特币的能力外，该公司还推出了加密货币开放专利联盟（COPA），这是一个保护社区的加密专利开源基金会。</blockquote></p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p><blockquote>Square本身在10月份收购了价值5000万美元的比特币，并在2月份又收购了价值1.7亿美元的比特币。该公司表示，截至3月31日，本季度比特币投资损失了2000万美元，尽管根据可观察的市场价格，其投资的公允价值为4.72亿美元。</blockquote></p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p><blockquote>在指引方面，该公司预计4月份卖家生态系统的毛利润将同比增长135%以上，现金应用程序的毛利润将同比增长约130%。</blockquote></p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p><blockquote>首席财务官Amrita Ahuja表示，随着5月和6月的增长比较变得更加严格，该公司预计从4月到第二季度剩余时间的毛利润同比增长率将放缓。</blockquote></p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p><blockquote>Ahuja表示：“我们相信，我们的客户从政府资金中获得了更大的消费能力，这推动了3月份资金流入的增加。”“此后，我们看到了正常化，与3月份相比，4月份的流入量下降了16%。”</blockquote></p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</p><p><blockquote>排除盘后走势，Square股价自今年年初以来已上涨约2.3%，而纳斯达克指数同期上涨约5.8%。</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>Square gets a bitcoin boost with revenue up 266%<blockquote>Square比特币增长，收入增长266%</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\">\nSquare gets a bitcoin boost with revenue up 266%<blockquote>Square比特币增长，收入增长266%</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\">2021-05-07 07:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Square公布第一财季盈利超出华尔街预期后，该公司股价在周四盘后交易中上涨6%。</blockquote></p><p>Here's how the company did:</p><p><blockquote>该公司的做法如下：</blockquote></p><p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p><blockquote><ul><li><b>每股盈利：</b>调整后为41美分，而Refinitiv对分析师的调查预期为16美分</li></ul><ul><li><b>收入：</b>50.6亿美元，而Refinitiv预期为33.6亿美元</li></ul>第一季度营收升至50.6亿美元，同比增长266%，这主要得益于比特币营收的增长。该季度净利润为3900万美元。</blockquote></p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p><blockquote>一份声明称，截至3月31日的季度，毛利润同比增长79%，达到9.64亿美元。</blockquote></p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p><blockquote>Cash App毛利润为4.95亿美元，同比增长171%。今年3月，Square与Venmo的点对点竞争对手开始为客户提供免费即时发送比特币的功能。</blockquote></p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p><blockquote>Square公布的比特币收入为35亿美元，同比增长11倍。但比特币的毛利润仅为7500万美元，约占营收的2%。</blockquote></p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p><blockquote>在公司的盈利看涨期权上，首席执行官Jack Dorsey表示，Square将比特币视为互联网拥有本土货币的潜力，该公司希望“尽我们所能进一步发展这一潜力”。</blockquote></p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p><blockquote>“我们的重点首先是让……比特币成为本国货币，”Dorsey说。“它消除了我们业务的一系列摩擦。我们完全相信，它为世界各地的经济赋权创造了更多机会。”</blockquote></p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p><blockquote>除了为用户提供在Cash应用程序中买卖比特币的能力外，该公司还推出了加密货币开放专利联盟（COPA），这是一个保护社区的加密专利开源基金会。</blockquote></p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p><blockquote>Square本身在10月份收购了价值5000万美元的比特币，并在2月份又收购了价值1.7亿美元的比特币。该公司表示，截至3月31日，本季度比特币投资损失了2000万美元，尽管根据可观察的市场价格，其投资的公允价值为4.72亿美元。</blockquote></p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p><blockquote>在指引方面，该公司预计4月份卖家生态系统的毛利润将同比增长135%以上，现金应用程序的毛利润将同比增长约130%。</blockquote></p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p><blockquote>首席财务官Amrita Ahuja表示，随着5月和6月的增长比较变得更加严格，该公司预计从4月到第二季度剩余时间的毛利润同比增长率将放缓。</blockquote></p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p><blockquote>Ahuja表示：“我们相信，我们的客户从政府资金中获得了更大的消费能力，这推动了3月份资金流入的增加。”“此后，我们看到了正常化，与3月份相比，4月份的流入量下降了16%。”</blockquote></p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</p><p><blockquote>排除盘后走势，Square股价自今年年初以来已上涨约2.3%，而纳斯达克指数同期上涨约5.8%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123939866","content_text":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal first-quarter earnings that blew past Wall Street's expectations.Here's how the company did:Earnings per share:41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analystsRevenue:$5.06 billion vs. $3.36 billion expected by RefinitivFirst-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368797150,"gmtCreate":1614351816770,"gmtModify":1703476811245,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>hold on tight and cheer&nbsp;[晕]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>hold on tight and cheer&nbsp;[晕]&nbsp;","text":"$Affirm Holdings, Inc.(AFRM)$hold on tight and cheer [晕]","images":[{"img":"https://static.tigerbbs.com/fe1464019080b63ec9a4f022d336f09c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/368797150","isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":137210476,"gmtCreate":1622349243195,"gmtModify":1634102122131,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Tesla has been taken up all the headlines","listText":"Tesla has been taken up all the headlines","text":"Tesla has been taken up all the headlines","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/137210476","repostId":"2138765488","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134420257,"gmtCreate":1622254536779,"gmtModify":1634102754271,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Really? Then we can buy more&nbsp;[微笑]&nbsp;","listText":"Really? Then we can buy more&nbsp;[微笑]&nbsp;","text":"Really? Then we can buy more [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134420257","repostId":"1140093781","repostType":4,"isVote":1,"tweetType":1,"viewCount":969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":131903739,"gmtCreate":1621819407321,"gmtModify":1634186386723,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Tesla looks interesting&nbsp;","listText":"Tesla looks interesting&nbsp;","text":"Tesla looks interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/131903739","repostId":"1108503848","repostType":4,"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133851429,"gmtCreate":1621736950361,"gmtModify":1634186896511,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"None of it in my watch list 😕","listText":"None of it in my watch list 😕","text":"None of it in my watch list 😕","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/133851429","repostId":"1108503848","repostType":4,"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371493765,"gmtCreate":1618964333557,"gmtModify":1634289604460,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Looks like travel abroad is not an upcoming thing for next 1-2 years","listText":"Looks like travel abroad is not an upcoming thing for next 1-2 years","text":"Looks like travel abroad is not an upcoming thing for next 1-2 years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/371493765","repostId":"2129289138","repostType":4,"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324034414,"gmtCreate":1615942945438,"gmtModify":1703495291191,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Will it be a \"fake\" rebound[冷漠]&nbsp;","listText":"Will it be a \"fake\" rebound[冷漠]&nbsp;","text":"Will it be a \"fake\" rebound[冷漠]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/324034414","repostId":"1136576862","repostType":4,"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":329635347,"gmtCreate":1615239324489,"gmtModify":1703486068845,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"It didn't go far, went down afterwards[捂脸]&nbsp;","listText":"It didn't go far, went down afterwards[捂脸]&nbsp;","text":"It didn't go far, went down afterwards[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/329635347","repostId":"1150086259","repostType":4,"repost":{"id":"1150086259","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615214068,"share":"https://www.laohu8.com/m/news/1150086259?lang=zh_CN&edition=full","pubTime":"2021-03-08 22:34","market":"us","language":"en","title":"US stocks open higher：Dow rises about 170 points<blockquote>美股高开：道指上涨约170点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150086259","media":"老虎资讯综合","summary":"U.S. stocks edged higher on Monday after hedge fund manager David Tepper said the recent rapid rise ","content":"<p>U.S. stocks edged higher on Monday after&nbsp;hedge fund manager David Tepper said the recent rapid rise in rates is set to stabilize&nbsp;and it's hard to be bearish on stocks.</p><p><blockquote>美国股市周一小幅走高，此前对冲基金经理David Tepper表示，近期利率的快速上升将趋于稳定，很难看空股市。</blockquote></p><p>The S&amp;P 500 up 0.28%, the Dow Jones Industrial Average gained 150 points. The tech-heavy Nasdaq Composite is basically flat.</p><p><blockquote>标普500上涨0.28%，道琼斯工业平均指数上涨150点。以科技股为主的纳斯达克综合指数基本持平。</blockquote></p><p><img src=\"https://static.tigerbbs.com/063990af26796fda5178363d55f98c2b\" tg-width=\"1080\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>\"Basically I think rates have&nbsp;temporarily made the most of the&nbsp;move and should be more stable&nbsp;in the next few months, which&nbsp;makes it safer to be in stocks&nbsp;for now,\" Tepper told CNBC's&nbsp;Joe Kernen, who shared the comments on\"Squawk Box.\"</p><p><blockquote>泰珀对CNBC的乔·克南(Joe Kernen)表示：“基本上，我认为利率暂时充分利用了这一举措，在未来几个月应该会更加稳定，这使得目前持有股票更加安全。”他在“Squawk Box”上分享了评论。”</blockquote></p><p>The benchmark 10-year yield has risen sharply in recent weeks in anticipation of more stimulus on top of a booming economic recovery. The&nbsp;10-year Treasury yieldrose 4 basis points to 1.6% Monday. The benchmark rate started the calendar year below the 1% mark.</p><p><blockquote>最近几周，由于预期在经济蓬勃复苏的基础上会有更多刺激措施，基准10年期国债收益率大幅上涨。周一，10年期国债收益率上涨4个基点至1.6%。基准利率年初低于1%大关。</blockquote></p><p>Tepper believes the sell-off in Treasurys that has driven rates higher is likely over as big foreign buyers like Japan are poised to come in. He also said \"bellwether\" stocks like&nbsp;Amazon&nbsp;are starting to look attractive after the pullback.</p><p><blockquote>泰珀认为，随着日本等大型外国买家准备进入，导致利率上升的美国国债抛售可能已经结束。他还表示，像亚马逊这样的“领头羊”股票在回调后开始看起来有吸引力。</blockquote></p><p>The Senate passed a&nbsp;$1.9 trillion economic relief and stimulus bill on Saturday, paving the way for extensions to unemployment benefits, another round of stimulus checks and aid to state and local governments. The Democrat-controlled House is expected to pass the bill later this week. President Joe Biden is expected to sign it into law before unemployment aid programs expire on March 14.</p><p><blockquote>参议院周六通过了1.9万亿美元的经济救济和刺激法案，为延长失业救济金、新一轮刺激检查以及对州和地方政府的援助铺平了道路。民主党控制的众议院预计将在本周晚些时候通过该法案。预计乔·拜登总统将在3月14日失业援助计划到期前将其签署成为法律。</blockquote></p><p>he stimulus news boosted stocks banking on a strong economic recovery. Shares of retailers, energy companies and banks were higher in premarket trading.</p><p><blockquote>刺激消息提振了寄希望于经济强劲复苏的股市。零售商、能源公司和银行的股价在盘前交易中走高。</blockquote></p><p>Disney shares added 2% in premarket trading after&nbsp;California eased Covid rules, paving the way for Disneyland to reopen on a limited basis in April.</p><p><blockquote>加州放宽新冠疫情规定后，迪士尼股价在盘前交易中上涨2%，为迪士尼乐园4月份有限重新开放铺平了道路。</blockquote></p><p>“We see higher rates largely as a function of earlier and stronger than expected economic recovery and supportive of our positive equity outlook,” Dubravko Lakos-Bujas, JPMorgan’s chief U.S. equity strategist, said in a note.</p><p><blockquote>摩根大通首席美国股票策略师杜布拉夫科·拉科斯-布哈斯(Dubravko Lakos-Bujas)在一份报告中表示：“我们认为利率上升主要是由于经济复苏早于预期且强劲，并支持我们积极的股市前景。”</blockquote></p><p>For March, the Dow Industrials, leveraged more to the reopening, is up 1.8%, while the Nasdaq Composite is off by 2%. Meanwhile, the broader S&amp;P 500 is up 0.8%. The S&amp;P 500 remains less than 3% from an all-time high.</p><p><blockquote>3月份，道琼斯工业指数因重新开放而上涨1.8%，而纳斯达克综合指数则下跌2%。与此同时，更广泛的标普500上涨0.8%。标普500仍较历史高点不到3%。</blockquote></p><p>“10-year yields finally caught up to other asset markets. This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations,” Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said in a note.</p><p><blockquote>摩根士丹利首席美国股票策略师Mike Wilson在一份报告中表示：“10年期国债收益率终于赶上了其他资产市场。这给估值带来了压力，尤其是那些估值已经达到令人流鼻血的最昂贵股票。”</blockquote></p><p>This battle picked up on Fridaywhen an afternoon rallytook some of the sting out of a rough week for high-flying momentum names. The Friday turnaround doesn’t signal that the recent weakness for the market is over, but the divergence between tech and cyclical plays shows that the bullish story remains intact, Morgan Stanley’s Wilson said.</p><p><blockquote>这场战斗在周五愈演愈烈，下午的反弹让势头强劲的股票摆脱了艰难的一周。摩根士丹利的威尔逊表示，周五的好转并不表明市场近期的疲软已经结束，但科技股和周期性股之间的分歧表明看涨故事仍然完好无损。</blockquote></p><p>“The bull market continues to be under the hood, with value and cyclicals leading the way. Growth stocks can rejoin the party once the valuation correction and repositioning is finished,” Wilson said.</p><p><blockquote>Wilson表示：“牛市仍在继续，价值股和周期性股领涨。一旦估值修正和重新定位完成，成长股就可以重新加入这一行列。”</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>US stocks open higher：Dow rises about 170 points<blockquote>美股高开：道指上涨约170点</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\">\nUS stocks open higher：Dow rises about 170 points<blockquote>美股高开：道指上涨约170点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-08 22:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stocks edged higher on Monday after&nbsp;hedge fund manager David Tepper said the recent rapid rise in rates is set to stabilize&nbsp;and it's hard to be bearish on stocks.</p><p><blockquote>美国股市周一小幅走高，此前对冲基金经理David Tepper表示，近期利率的快速上升将趋于稳定，很难看空股市。</blockquote></p><p>The S&amp;P 500 up 0.28%, the Dow Jones Industrial Average gained 150 points. The tech-heavy Nasdaq Composite is basically flat.</p><p><blockquote>标普500上涨0.28%，道琼斯工业平均指数上涨150点。以科技股为主的纳斯达克综合指数基本持平。</blockquote></p><p><img src=\"https://static.tigerbbs.com/063990af26796fda5178363d55f98c2b\" tg-width=\"1080\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>\"Basically I think rates have&nbsp;temporarily made the most of the&nbsp;move and should be more stable&nbsp;in the next few months, which&nbsp;makes it safer to be in stocks&nbsp;for now,\" Tepper told CNBC's&nbsp;Joe Kernen, who shared the comments on\"Squawk Box.\"</p><p><blockquote>泰珀对CNBC的乔·克南(Joe Kernen)表示：“基本上，我认为利率暂时充分利用了这一举措，在未来几个月应该会更加稳定，这使得目前持有股票更加安全。”他在“Squawk Box”上分享了评论。”</blockquote></p><p>The benchmark 10-year yield has risen sharply in recent weeks in anticipation of more stimulus on top of a booming economic recovery. The&nbsp;10-year Treasury yieldrose 4 basis points to 1.6% Monday. The benchmark rate started the calendar year below the 1% mark.</p><p><blockquote>最近几周，由于预期在经济蓬勃复苏的基础上会有更多刺激措施，基准10年期国债收益率大幅上涨。周一，10年期国债收益率上涨4个基点至1.6%。基准利率年初低于1%大关。</blockquote></p><p>Tepper believes the sell-off in Treasurys that has driven rates higher is likely over as big foreign buyers like Japan are poised to come in. He also said \"bellwether\" stocks like&nbsp;Amazon&nbsp;are starting to look attractive after the pullback.</p><p><blockquote>泰珀认为，随着日本等大型外国买家准备进入，导致利率上升的美国国债抛售可能已经结束。他还表示，像亚马逊这样的“领头羊”股票在回调后开始看起来有吸引力。</blockquote></p><p>The Senate passed a&nbsp;$1.9 trillion economic relief and stimulus bill on Saturday, paving the way for extensions to unemployment benefits, another round of stimulus checks and aid to state and local governments. The Democrat-controlled House is expected to pass the bill later this week. President Joe Biden is expected to sign it into law before unemployment aid programs expire on March 14.</p><p><blockquote>参议院周六通过了1.9万亿美元的经济救济和刺激法案，为延长失业救济金、新一轮刺激检查以及对州和地方政府的援助铺平了道路。民主党控制的众议院预计将在本周晚些时候通过该法案。预计乔·拜登总统将在3月14日失业援助计划到期前将其签署成为法律。</blockquote></p><p>he stimulus news boosted stocks banking on a strong economic recovery. Shares of retailers, energy companies and banks were higher in premarket trading.</p><p><blockquote>刺激消息提振了寄希望于经济强劲复苏的股市。零售商、能源公司和银行的股价在盘前交易中走高。</blockquote></p><p>Disney shares added 2% in premarket trading after&nbsp;California eased Covid rules, paving the way for Disneyland to reopen on a limited basis in April.</p><p><blockquote>加州放宽新冠疫情规定后，迪士尼股价在盘前交易中上涨2%，为迪士尼乐园4月份有限重新开放铺平了道路。</blockquote></p><p>“We see higher rates largely as a function of earlier and stronger than expected economic recovery and supportive of our positive equity outlook,” Dubravko Lakos-Bujas, JPMorgan’s chief U.S. equity strategist, said in a note.</p><p><blockquote>摩根大通首席美国股票策略师杜布拉夫科·拉科斯-布哈斯(Dubravko Lakos-Bujas)在一份报告中表示：“我们认为利率上升主要是由于经济复苏早于预期且强劲，并支持我们积极的股市前景。”</blockquote></p><p>For March, the Dow Industrials, leveraged more to the reopening, is up 1.8%, while the Nasdaq Composite is off by 2%. Meanwhile, the broader S&amp;P 500 is up 0.8%. The S&amp;P 500 remains less than 3% from an all-time high.</p><p><blockquote>3月份，道琼斯工业指数因重新开放而上涨1.8%，而纳斯达克综合指数则下跌2%。与此同时，更广泛的标普500上涨0.8%。标普500仍较历史高点不到3%。</blockquote></p><p>“10-year yields finally caught up to other asset markets. This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations,” Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said in a note.</p><p><blockquote>摩根士丹利首席美国股票策略师Mike Wilson在一份报告中表示：“10年期国债收益率终于赶上了其他资产市场。这给估值带来了压力，尤其是那些估值已经达到令人流鼻血的最昂贵股票。”</blockquote></p><p>This battle picked up on Fridaywhen an afternoon rallytook some of the sting out of a rough week for high-flying momentum names. The Friday turnaround doesn’t signal that the recent weakness for the market is over, but the divergence between tech and cyclical plays shows that the bullish story remains intact, Morgan Stanley’s Wilson said.</p><p><blockquote>这场战斗在周五愈演愈烈，下午的反弹让势头强劲的股票摆脱了艰难的一周。摩根士丹利的威尔逊表示，周五的好转并不表明市场近期的疲软已经结束，但科技股和周期性股之间的分歧表明看涨故事仍然完好无损。</blockquote></p><p>“The bull market continues to be under the hood, with value and cyclicals leading the way. Growth stocks can rejoin the party once the valuation correction and repositioning is finished,” Wilson said.</p><p><blockquote>Wilson表示：“牛市仍在继续，价值股和周期性股领涨。一旦估值修正和重新定位完成，成长股就可以重新加入这一行列。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150086259","content_text":"U.S. stocks edged higher on Monday after hedge fund manager David Tepper said the recent rapid rise in rates is set to stabilize and it's hard to be bearish on stocks.The S&P 500 up 0.28%, the Dow Jones Industrial Average gained 150 points. The tech-heavy Nasdaq Composite is basically flat.\"Basically I think rates have temporarily made the most of the move and should be more stable in the next few months, which makes it safer to be in stocks for now,\" Tepper told CNBC's Joe Kernen, who shared the comments on\"Squawk Box.\"The benchmark 10-year yield has risen sharply in recent weeks in anticipation of more stimulus on top of a booming economic recovery. The 10-year Treasury yieldrose 4 basis points to 1.6% Monday. The benchmark rate started the calendar year below the 1% mark.Tepper believes the sell-off in Treasurys that has driven rates higher is likely over as big foreign buyers like Japan are poised to come in. He also said \"bellwether\" stocks like Amazon are starting to look attractive after the pullback.The Senate passed a $1.9 trillion economic relief and stimulus bill on Saturday, paving the way for extensions to unemployment benefits, another round of stimulus checks and aid to state and local governments. The Democrat-controlled House is expected to pass the bill later this week. President Joe Biden is expected to sign it into law before unemployment aid programs expire on March 14.he stimulus news boosted stocks banking on a strong economic recovery. Shares of retailers, energy companies and banks were higher in premarket trading.Disney shares added 2% in premarket trading after California eased Covid rules, paving the way for Disneyland to reopen on a limited basis in April.“We see higher rates largely as a function of earlier and stronger than expected economic recovery and supportive of our positive equity outlook,” Dubravko Lakos-Bujas, JPMorgan’s chief U.S. equity strategist, said in a note.For March, the Dow Industrials, leveraged more to the reopening, is up 1.8%, while the Nasdaq Composite is off by 2%. Meanwhile, the broader S&P 500 is up 0.8%. The S&P 500 remains less than 3% from an all-time high.“10-year yields finally caught up to other asset markets. This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations,” Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said in a note.This battle picked up on Fridaywhen an afternoon rallytook some of the sting out of a rough week for high-flying momentum names. The Friday turnaround doesn’t signal that the recent weakness for the market is over, but the divergence between tech and cyclical plays shows that the bullish story remains intact, Morgan Stanley’s Wilson said.“The bull market continues to be under the hood, with value and cyclicals leading the way. Growth stocks can rejoin the party once the valuation correction and repositioning is finished,” Wilson said.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":126430127,"gmtCreate":1624581049169,"gmtModify":1631890862467,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Will it be a bull run trap&nbsp;[思考]&nbsp;","listText":"Will it be a bull run trap&nbsp;[思考]&nbsp;","text":"Will it be a bull run trap [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/126430127","repostId":"2146202596","repostType":4,"isVote":1,"tweetType":1,"viewCount":3506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":165520408,"gmtCreate":1624152210304,"gmtModify":1631890862498,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Bank stocks are not in favour and not in my radar","listText":"Bank stocks are not in favour and not in my radar","text":"Bank stocks are not in favour and not in my radar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/165520408","repostId":"1119296361","repostType":4,"repost":{"id":"1119296361","kind":"news","pubTimestamp":1624028454,"share":"https://www.laohu8.com/m/news/1119296361?lang=zh_CN&edition=full","pubTime":"2021-06-18 23:00","market":"us","language":"en","title":"Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296361","media":"Barrons","summary":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier","content":"<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>当美联储发布6月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借钱和长期借钱来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会提高，而当情况相反时，利润会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三会议结束后，10年期国债收益率大幅反弹，上涨0.071%至1.569%，而两年期国债收益率上涨0.038个百分点至0.203%，两者利差达到1.366个百分点。这种扩大使得金融业，尤其是银行股成为少数几个对美联储周三的声明做出积极反应的行业之一。SPDR S&amp;P Bank ETF(KBE)上涨0.9%，摩根大通(JPM)上涨0.7%，尽管标准普尔500指数下跌0.5%，道琼斯工业平均指数下跌0.8%，纳斯达克综合指数下跌0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期国债收益率跌至1.498%，两年期国债收益率升至0.238%，差距为1.26个百分点。对于银行等利率敏感行业来说，所谓的收益率曲线变平是个坏消息。SPDR S&amp;P Bank ETF周四下跌4.5%，周五盘前交易下跌1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道指期货下跌0.8%。纳斯达克综合指数期货下跌0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>市场为何大转变？为了让收益率继续上升，经济需要表明它正在迅速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长。Evercore ISI策略师丹尼斯·德布斯切尔(Dennis DeBusschere)表示，由于周四初请失业金人数大幅下降，并在六周下降后首次上升，市场决定关注后者，而不是前者。他写道：“相对于所有人之前的想法，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那么强劲。”</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></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>Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</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\">\nBank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-18 23:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>当美联储发布6月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借钱和长期借钱来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会提高，而当情况相反时，利润会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三会议结束后，10年期国债收益率大幅反弹，上涨0.071%至1.569%，而两年期国债收益率上涨0.038个百分点至0.203%，两者利差达到1.366个百分点。这种扩大使得金融业，尤其是银行股成为少数几个对美联储周三的声明做出积极反应的行业之一。SPDR S&amp;P Bank ETF(KBE)上涨0.9%，摩根大通(JPM)上涨0.7%，尽管标准普尔500指数下跌0.5%，道琼斯工业平均指数下跌0.8%，纳斯达克综合指数下跌0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期国债收益率跌至1.498%，两年期国债收益率升至0.238%，差距为1.26个百分点。对于银行等利率敏感行业来说，所谓的收益率曲线变平是个坏消息。SPDR S&amp;P Bank ETF周四下跌4.5%，周五盘前交易下跌1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道指期货下跌0.8%。纳斯达克综合指数期货下跌0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>市场为何大转变？为了让收益率继续上升，经济需要表明它正在迅速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长。Evercore ISI策略师丹尼斯·德布斯切尔(Dennis DeBusschere)表示，由于周四初请失业金人数大幅下降，并在六周下降后首次上升，市场决定关注后者，而不是前者。他写道：“相对于所有人之前的想法，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那么强劲。”</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA\">Barrons</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":{"JPM":"摩根大通","BAC":"美国银行","GS":"高盛","MS":"摩根士丹利","WFC":"富国银行","C":"花旗"},"source_url":"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296361","content_text":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.\nAfter Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%\nThe market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.\nWhy the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.\nUntil that changes, it will be hard for bank stocks to bounce back.","news_type":1,"symbols_score_info":{"MS":0.9,"WFC":0.9,"BAC":0.9,"C":0.9,"GS":0.9,"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184572084,"gmtCreate":1623720244648,"gmtModify":1631890862516,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"How far it goes","listText":"How far it goes","text":"How far it goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/184572084","repostId":"1126626020","repostType":4,"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185335757,"gmtCreate":1623632984379,"gmtModify":1631890862519,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Lol, joker","listText":"Lol, joker","text":"Lol, joker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185335757","repostId":"1132051258","repostType":4,"isVote":1,"tweetType":1,"viewCount":932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192396854,"gmtCreate":1621142846078,"gmtModify":1634193757907,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"htmlText":"Buy the dip 😋","listText":"Buy the dip 😋","text":"Buy the dip 😋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/192396854","repostId":"1192168156","repostType":4,"repost":{"id":"1192168156","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":1620985878,"share":"https://www.laohu8.com/m/news/1192168156?lang=zh_CN&edition=full","pubTime":"2021-05-14 17:51","market":"us","language":"en","title":"Disney slips over 3% as quarter's streaming subs fail to rise to pandemic occasion<blockquote>由于本季度流媒体订阅量未能跟上大流行的步伐，迪士尼股价下跌超过3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192168156","media":"Tiger Newspress","summary":" Walt Disney is 3.38% lower on its fiscal second-quarter earnings report, where revenues fell worse than expected and itshighly watched Disney Plus subscriber numbers fell short of expectations.Revenues fell 13.3% to $15.6B, some $320M short of consensus, as streaming didn't mitigate parks losses as much as expected. And profitability measures by contrast came in ahead of expectations.EPS excluding certain items rose 32% to $0.79, however. . But Disney Plus subscribers hit 103.6M. That's roughly","content":"<p>(May 14)&nbsp;Walt Disney&nbsp;is&nbsp;3.38% lower&nbsp;on its&nbsp;fiscal second-quarter earnings report, where revenues fell worse than expected and itshighly watched Disney Plus subscriber numbers fell short of expectations.</p><p><blockquote>（5月14日）华特迪斯尼公布第二财季收益报告，股价下跌3.38%，该报告的收入降幅低于预期，备受关注的迪斯尼加用户数量也低于预期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83fcfefdaaf6cf9a01e3bc834d1f8a64\" tg-width=\"769\" tg-height=\"564\"></p><p><blockquote></blockquote></p><p> Revenues fell 13.3% to $15.6B, some $320M short of consensus, as streaming didn't mitigate parks losses as much as expected. And profitability measures by contrast came in ahead of expectations.</p><p><blockquote>收入下降13.3%至$15.6 B，比共识低约3.2亿美元，因为流媒体并没有像预期那样减轻公园的损失。相比之下，盈利指标超出了预期。</blockquote></p><p> EPS excluding certain items rose 32% to $0.79, however. (As reported, EPS from continuing operations rose to $0.50 from $0.26.)</p><p><blockquote>然而，不包括某些项目的每股收益增长32%，至0.79美元。（据报道，持续经营业务的每股收益从0.26美元升至0.50美元。）</blockquote></p><p> But Disney Plus subscribers hit 103.6M. That's roughly in line with investor expectations though analysts were looking for a figure closer to 109M.</p><p><blockquote>但Disney Plus用户达到1.036亿。这大致符合投资者的预期，尽管分析师预计这一数字接近1.09亿。</blockquote></p><p> Revenue by segment: Disney Media and Entertainment Distribution, $12.4B (up 1%); Disney Parks, Experiences and Products, $3.17B (down 44%).</p><p><blockquote>按部门划分的收入：迪士尼媒体和娱乐发行，$12.4 B（增长1%）；迪士尼乐园、体验和产品，31.7亿美元（下降44%）。</blockquote></p><p> Operating income by segment: Disney Media and Entertainment Distribution, $2.87B (up 74%); Parks, Experiences and Products, -$406M (down from $756M a year ago).</p><p><blockquote>按部门划分的营业收入：迪士尼媒体和娱乐发行，$2.87 B（增长74%）；公园、体验和产品——4.06亿美元（低于一年前的7.56亿美元）。</blockquote></p><p> “We’re pleased to see more encouraging signs of recovery across our businesses, and we remain focused on ramping up our operations while also fueling long-term growth for the Company,” says CEO Bob Chapek. “This is clearly reflected in the reopening of our theme parks and resorts, increased production at our studios, the continued success of our streaming services, and the expansion of our unrivaled portfolio of multiyear sports rights deals for ESPN and ESPN Plus.”</p><p><blockquote>首席执行官鲍勃·查佩克(Bob Chapek)表示：“我们很高兴看到我们的业务出现更多令人鼓舞的复苏迹象，我们仍然专注于扩大运营，同时推动公司的长期增长。”“这清楚地反映在我们的主题公园和度假村的重新开放、我们工作室的产量增加、我们流媒体服务的持续成功以及我们无与伦比的ESPN和ESPN Plus多年体育转播权交易组合的扩大上。”</blockquote></p><p> Cash from continuing operations fell 56% to $1.39B, and free cash flow slipped 67% to $623M.</p><p><blockquote>持续经营现金下降56%至$1.39 B，自由现金流下滑67%至$6.23亿。</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>Disney slips over 3% as quarter's streaming subs fail to rise to pandemic occasion<blockquote>由于本季度流媒体订阅量未能跟上大流行的步伐，迪士尼股价下跌超过3%</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\">\nDisney slips over 3% as quarter's streaming subs fail to rise to pandemic occasion<blockquote>由于本季度流媒体订阅量未能跟上大流行的步伐，迪士尼股价下跌超过3%</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\">2021-05-14 17:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(May 14)&nbsp;Walt Disney&nbsp;is&nbsp;3.38% lower&nbsp;on its&nbsp;fiscal second-quarter earnings report, where revenues fell worse than expected and itshighly watched Disney Plus subscriber numbers fell short of expectations.</p><p><blockquote>（5月14日）华特迪斯尼公布第二财季收益报告，股价下跌3.38%，该报告的收入降幅低于预期，备受关注的迪斯尼加用户数量也低于预期。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/83fcfefdaaf6cf9a01e3bc834d1f8a64\" tg-width=\"769\" tg-height=\"564\"></p><p><blockquote></blockquote></p><p> Revenues fell 13.3% to $15.6B, some $320M short of consensus, as streaming didn't mitigate parks losses as much as expected. And profitability measures by contrast came in ahead of expectations.</p><p><blockquote>收入下降13.3%至$15.6 B，比共识低约3.2亿美元，因为流媒体并没有像预期那样减轻公园的损失。相比之下，盈利指标超出了预期。</blockquote></p><p> EPS excluding certain items rose 32% to $0.79, however. (As reported, EPS from continuing operations rose to $0.50 from $0.26.)</p><p><blockquote>然而，不包括某些项目的每股收益增长32%，至0.79美元。（据报道，持续经营业务的每股收益从0.26美元升至0.50美元。）</blockquote></p><p> But Disney Plus subscribers hit 103.6M. That's roughly in line with investor expectations though analysts were looking for a figure closer to 109M.</p><p><blockquote>但Disney Plus用户达到1.036亿。这大致符合投资者的预期，尽管分析师预计这一数字接近1.09亿。</blockquote></p><p> Revenue by segment: Disney Media and Entertainment Distribution, $12.4B (up 1%); Disney Parks, Experiences and Products, $3.17B (down 44%).</p><p><blockquote>按部门划分的收入：迪士尼媒体和娱乐发行，$12.4 B（增长1%）；迪士尼乐园、体验和产品，31.7亿美元（下降44%）。</blockquote></p><p> Operating income by segment: Disney Media and Entertainment Distribution, $2.87B (up 74%); Parks, Experiences and Products, -$406M (down from $756M a year ago).</p><p><blockquote>按部门划分的营业收入：迪士尼媒体和娱乐发行，$2.87 B（增长74%）；公园、体验和产品——4.06亿美元（低于一年前的7.56亿美元）。</blockquote></p><p> “We’re pleased to see more encouraging signs of recovery across our businesses, and we remain focused on ramping up our operations while also fueling long-term growth for the Company,” says CEO Bob Chapek. “This is clearly reflected in the reopening of our theme parks and resorts, increased production at our studios, the continued success of our streaming services, and the expansion of our unrivaled portfolio of multiyear sports rights deals for ESPN and ESPN Plus.”</p><p><blockquote>首席执行官鲍勃·查佩克(Bob Chapek)表示：“我们很高兴看到我们的业务出现更多令人鼓舞的复苏迹象，我们仍然专注于扩大运营，同时推动公司的长期增长。”“这清楚地反映在我们的主题公园和度假村的重新开放、我们工作室的产量增加、我们流媒体服务的持续成功以及我们无与伦比的ESPN和ESPN Plus多年体育转播权交易组合的扩大上。”</blockquote></p><p> Cash from continuing operations fell 56% to $1.39B, and free cash flow slipped 67% to $623M.</p><p><blockquote>持续经营现金下降56%至$1.39 B，自由现金流下滑67%至$6.23亿。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192168156","content_text":"(May 14) Walt Disney is 3.38% lower on its fiscal second-quarter earnings report, where revenues fell worse than expected and itshighly watched Disney Plus subscriber numbers fell short of expectations.\n\nRevenues fell 13.3% to $15.6B, some $320M short of consensus, as streaming didn't mitigate parks losses as much as expected. And profitability measures by contrast came in ahead of expectations.\nEPS excluding certain items rose 32% to $0.79, however. (As reported, EPS from continuing operations rose to $0.50 from $0.26.)\nBut Disney Plus subscribers hit 103.6M. That's roughly in line with investor expectations though analysts were looking for a figure closer to 109M.\nRevenue by segment: Disney Media and Entertainment Distribution, $12.4B (up 1%); Disney Parks, Experiences and Products, $3.17B (down 44%).\nOperating income by segment: Disney Media and Entertainment Distribution, $2.87B (up 74%); Parks, Experiences and Products, -$406M (down from $756M a year ago).\n“We’re pleased to see more encouraging signs of recovery across our businesses, and we remain focused on ramping up our operations while also fueling long-term growth for the Company,” says CEO Bob Chapek. “This is clearly reflected in the reopening of our theme parks and resorts, increased production at our studios, the continued success of our streaming services, and the expansion of our unrivaled portfolio of multiyear sports rights deals for ESPN and ESPN Plus.”\nCash from continuing operations fell 56% to $1.39B, and free cash flow slipped 67% to $623M.","news_type":1,"symbols_score_info":{"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}