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淡宾尼魔
2021-12-16
$SATS LTD.(S58.SI)$
Rolling rolling [Miser]
淡宾尼魔
2021-11-30
possible more to come, fearful of new variant. Fearful and uncertainty
抱歉,原内容已删除
淡宾尼魔
2021-11-26
Black Friday sales [Miser]
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淡宾尼魔
2021-10-21
$SHENG SIONG GROUP LTD(OV8.SI)$
Near 52 weeks low. If can cross jb, surely will affect Sheng siong business. But when can wecross jb [Glance]
淡宾尼魔
2021-10-15
Yes! More VTL coming! Roar SIA
抱歉,原内容已删除
淡宾尼魔
2021-10-11
$SUNTEC REAL ESTATE INV TRUST(T82U.SI)$
go go suntec
淡宾尼魔
2021-10-06
$SATS LTD.(S58.SI)$
go go go
淡宾尼魔
2021-09-02
Okay
Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today
淡宾尼魔
2021-09-02
40%? Don’t think so
Bear Attack: Could Apple Stock Really Drop 40%?
淡宾尼魔
2021-07-28
上不上车
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淡宾尼魔
2021-07-19
worrying the same thing
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淡宾尼魔
2021-07-19
good
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淡宾尼魔
2021-07-19
[Smile]
Toplines Before US Market Open on Monday
淡宾尼魔
2021-07-17
How
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淡宾尼魔
2021-07-12
good good
8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme
淡宾尼魔
2021-07-12
good
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淡宾尼魔
2021-07-11
$苹果(AAPL)$
谢谢老虎
去老虎APP查看更多动态
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But when can wecross jb [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853112033","isVote":1,"tweetType":1,"viewCount":1303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824179401,"gmtCreate":1634295909491,"gmtModify":1634295909621,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"Yes! More VTL coming! Roar SIA","listText":"Yes! More VTL coming! Roar SIA","text":"Yes! More VTL coming! 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It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.</p>\n<p>Marathon Digital is trading higher by 4.7% at $43.12 per share.</p>\n<p>Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.</p>\n<p>Riot Blockchain is trading higher by 3% at $37.61 per share.</p>\n<p>Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.</p>\n<p>Coinbase is trading higher by 2% at $271.15 per share.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Bitcoin-Related And Ethereum-Related Stocks Are Moving Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 22:22 GMT+8 <a href=https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164282866","content_text":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).\nBitcoin is trading 4.7% higher at around $49,965 Thursday morning.\nEthereum is trading 6% higher at around $3,752 Thursday morning.\nMarathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.\nMarathon Digital is trading higher by 4.7% at $43.12 per share.\nRiot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.\nRiot Blockchain is trading higher by 3% at $37.61 per share.\nCoinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.\nCoinbase is trading higher by 2% at $271.15 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812520173,"gmtCreate":1630595453392,"gmtModify":1632470935948,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"40%? Don’t think so","listText":"40%? Don’t think so","text":"40%? Don’t think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812520173","repostId":"1131318558","repostType":4,"repost":{"id":"1131318558","pubTimestamp":1630591645,"share":"https://www.laohu8.com/m/news/1131318558?lang=&edition=full","pubTime":"2021-09-02 22:07","market":"us","language":"en","title":"Bear Attack: Could Apple Stock Really Drop 40%?","url":"https://stock-news.laohu8.com/highlight/detail?id=1131318558","media":"Thestreet","summary":"One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?On the first day of September, one of the rare Wall Street bears on Apple stock finally gave in and dropped his sell rating. The last remaining one still sees shares dropping to a price target of $90, representing risk of loss of around 40%.Could New Street’s Pierre Ferragu, the last remaining Apple bear on Wall ","content":"<p>One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?</p>\n<p>On the first day of September, one of the rare Wall Street bears on Apple stock (<b>AAPL</b>) finally gave in and dropped his sell rating. The last remaining one still sees shares dropping to a price target of $90, representing risk of loss of around 40%.</p>\n<p>Could New Street’s Pierre Ferragu, the last remaining Apple bear on Wall Street, be right about his downside call? The Apple Maven looks a bit closer at the argument.</p>\n<p><b>Why bearish on Apple?</b></p>\n<p>The core of Pierre’s bearish argument seems to be the iPhone. The analyst has called the upcoming device launch a “12S cycle”, arguing that the best of Apple’s iPhone upgrade wave,the so-called 5G super cycle, has been left in the rearview mirror.</p>\n<p>New Street subscribes to the view that the strong iPhone 12 cycle has pulled forward smartphone sales, leaving a gap in demand going forward. Interestingly, this is exactly the opposite opinion of bullish Wedbush analyst Dan Ives, who said the following during an interview with the Apple Maven:</p>\n<blockquote>\n “What the Street underestimates is how massive and elongated this super cycle is. […] 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n</blockquote>\n<p>Still on the iPhone, Mr. Ferragu laid out his expectations for 2022 back in April (I am unaware of revisions since then). He believes that iPhone shipments will reach 190 million units, suggesting segment revenues of around $150 billion – a modest annual increase of 5% from COVID-19 levels.</p>\n<p><b>Could AAPL sink 40%?</b></p>\n<p>Now, let’s put pen to paper. For Apple stock to be valued at $90 apiece, one of two things would need to happen: either financial performance would need to lag consensus expectations, or valuations would need to contract (or a combination of both).</p>\n<p>On results,Wall Street currently sees fiscal 2022 EPS landing at $5.63, roughly flat against a 2021 that has been impressive so far. For AAPL to drop 40% in price, therefore, next-year earnings would need to miss consensus substantially, by at least a couple of dollars. I find this highly unlikely.</p>\n<p>On valuations, AAPL currently trades at a fiscal 2021 earnings multiple of 27 times. Assuming consensus-matching results in the future, this multiple would need to drop to about 16 times for AAPL shares to sink to $90. The stock’s forward P/E has not been this low in years.</p>\n<p><b>The Apple Maven’s take</b></p>\n<p>I find it very improbable, if not virtually impossible, for Apple to ever be valued at $90 per share again. It is much more reasonable, in my opinion, that New Street’s current price target on the stock is simply stale, following AAPL’s 25% rally in the past six months.</p>\n<p>Therefore, I would not be surprised to see Wall Street’s last AAPL bear eventually (soon?) give in on his downside convictions, at least in what pertains to his current price target.</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>Bear Attack: Could Apple Stock Really Drop 40%?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBear Attack: Could Apple Stock Really Drop 40%?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 22:07 GMT+8 <a href=https://www.thestreet.com/apple/stock/bear-attack-could-apple-stock-really-drop-40><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?\nOn the first ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/bear-attack-could-apple-stock-really-drop-40\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/bear-attack-could-apple-stock-really-drop-40","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131318558","content_text":"One of two Wall Street analysts that had a sell rating on Apple stock threw in the towel. The other still thinks that AAPL shares could drop 40%. Is the sizable downside risk realistic?\nOn the first day of September, one of the rare Wall Street bears on Apple stock (AAPL) finally gave in and dropped his sell rating. The last remaining one still sees shares dropping to a price target of $90, representing risk of loss of around 40%.\nCould New Street’s Pierre Ferragu, the last remaining Apple bear on Wall Street, be right about his downside call? The Apple Maven looks a bit closer at the argument.\nWhy bearish on Apple?\nThe core of Pierre’s bearish argument seems to be the iPhone. The analyst has called the upcoming device launch a “12S cycle”, arguing that the best of Apple’s iPhone upgrade wave,the so-called 5G super cycle, has been left in the rearview mirror.\nNew Street subscribes to the view that the strong iPhone 12 cycle has pulled forward smartphone sales, leaving a gap in demand going forward. Interestingly, this is exactly the opposite opinion of bullish Wedbush analyst Dan Ives, who said the following during an interview with the Apple Maven:\n\n “What the Street underestimates is how massive and elongated this super cycle is. […] 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n\nStill on the iPhone, Mr. Ferragu laid out his expectations for 2022 back in April (I am unaware of revisions since then). He believes that iPhone shipments will reach 190 million units, suggesting segment revenues of around $150 billion – a modest annual increase of 5% from COVID-19 levels.\nCould AAPL sink 40%?\nNow, let’s put pen to paper. For Apple stock to be valued at $90 apiece, one of two things would need to happen: either financial performance would need to lag consensus expectations, or valuations would need to contract (or a combination of both).\nOn results,Wall Street currently sees fiscal 2022 EPS landing at $5.63, roughly flat against a 2021 that has been impressive so far. For AAPL to drop 40% in price, therefore, next-year earnings would need to miss consensus substantially, by at least a couple of dollars. I find this highly unlikely.\nOn valuations, AAPL currently trades at a fiscal 2021 earnings multiple of 27 times. Assuming consensus-matching results in the future, this multiple would need to drop to about 16 times for AAPL shares to sink to $90. The stock’s forward P/E has not been this low in years.\nThe Apple Maven’s take\nI find it very improbable, if not virtually impossible, for Apple to ever be valued at $90 per share again. It is much more reasonable, in my opinion, that New Street’s current price target on the stock is simply stale, following AAPL’s 25% rally in the past six months.\nTherefore, I would not be surprised to see Wall Street’s last AAPL bear eventually (soon?) give in on his downside convictions, at least in what pertains to his current price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801974569,"gmtCreate":1627481361851,"gmtModify":1633764591153,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"上不上车","listText":"上不上车","text":"上不上车","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801974569","repostId":"2154494900","repostType":4,"isVote":1,"tweetType":1,"viewCount":1750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":171047445,"gmtCreate":1626699593787,"gmtModify":1633924850056,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"worrying the same thing ","listText":"worrying the same thing ","text":"worrying the same thing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171047445","repostId":"1177001120","repostType":4,"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171047078,"gmtCreate":1626699551595,"gmtModify":1633924850760,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171047078","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171044237,"gmtCreate":1626699526329,"gmtModify":1633924851120,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171044237","repostId":"1135910714","repostType":4,"repost":{"id":"1135910714","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":1626692784,"share":"https://www.laohu8.com/m/news/1135910714?lang=&edition=full","pubTime":"2021-07-19 19:06","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135910714","media":"Tiger Newspress","summary":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor","content":"<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>: </b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> : </b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>: </b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a>: </b>Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</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>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2021-07-19 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>: </b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> : </b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>: </b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a>: </b>Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135910714","content_text":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\n\n(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.\nAt 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused Nasdaq-100 fell 0.89%.\n\nSurging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.\n“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.\nBusiness reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.\nAirlines and oil-and-gas companies were among the worst performers ahead of the bell in New York.Occidental Petroleumlost 4.1%, ConocoPhillips 3.6%,American Airlines Group2.3% and $Delta Air Lines(DAL)$ 2.2%.\nOne bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. Zoom shares slipped 2% in premarket trading.\nWorries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.\nPotential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand Just Eat Takeaway.com ticked higher.\nAmong other stocks, Paris-listedVivendifell 1.2%. Pershing Square Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein Universal Music Group. Mr. Ackman’s Pershing Square said it would take a large stake in Universal, which is majority owned by Vivendi, instead.\nItalian luxury fashion house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in New York.\nStocks making the biggest moves premarket:\nPershing Square Tontine Holdings: Billionaire investor William Ackman’s Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.\nTesla Motors : On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a one-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.\n\nXPeng Inc.: Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.\n\nJohnson & Johnson: Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.\n\nIn Asia, technology giants Alibaba and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned American companies about the increasingrisks of operating in the financial hub.\nJapan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.\nDavid Chao, a market strategist at Invesco, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.\nMr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.\nIn FX, the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\nGold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179223597,"gmtCreate":1626536407219,"gmtModify":1633925994630,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"How","listText":"How","text":"How","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179223597","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142023694,"gmtCreate":1626105178718,"gmtModify":1633930048386,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"good good","listText":"good good","text":"good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142023694","repostId":"2150580297","repostType":4,"repost":{"id":"2150580297","pubTimestamp":1626098100,"share":"https://www.laohu8.com/m/news/2150580297?lang=&edition=full","pubTime":"2021-07-12 21:55","market":"us","language":"en","title":"8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=2150580297","media":"Motley Fool","summary":"Misinformation is the basis for the bulk of AMC's rally.","content":"<p>There's arguably been no hotter stock on the planet in 2021 than movie theater chain <b>AMC Entertainment </b>(NYSE:AMC). It's gone from teetering on the brink of bankruptcy in early January to being valued at $23 billion, as of business close on July 7.</p>\n<p>At the heart of this rally are AMC's passionate army of retail investors, collectively known as \"apes\" -- an homage to <i>Rise of the Planet of the Apes</i>, where leader Caesar infers that apes are stronger together. This might sound like a feel-good story whereby retail is finally exacting its revenge on Wall Street, but the reality is that AMC has become a battleground pump-and-dump scheme driven higher almost entirely by the misinformation and lies spread by its retail investors.</p>\n<p>While I've previously covered some aspects of the misinformation campaign used as the foundation for the rally in AMC's stock, below are the eight most pervasive lies that have fueled this pump-and-dump scheme.</p>\n<h2>Lie No. 1: Hedge fund short-selling bankrupts companies</h2>\n<p>The whopper of all lies exchanged on message boards and via YouTube is the idea that hedge fund short-selling is somehow responsible for bankrupting businesses.</p>\n<p>The reality is that the operating performance of a company determines whether or not it thrives or goes under. There are plenty of companies whose share prices are under $1 that aren't bankrupt, and there are companies with share prices north of $1 that ultimately file for bankruptcy protection. Investors who choose to buy or short-sell stock are simply betting on an outcome. They don't control or influence how well or poorly the underlying business performs.</p>\n<p>Put another way, if I buy $1 billion worth of <b>Apple</b> stock tomorrow, I might help lift its share price, but I've not improved its sales or profit potential <a href=\"https://laohu8.com/S/AONE\">one</a> iota. Likewise, if I short-sell Apple's stock tomorrow, I haven't hurt its sales potential or profitability at all. Why would this hypothetical scenario be any different with AMC? Hint: It's not.</p>\n<h2>Lie No. 2: Shorts have to cover</h2>\n<p>Another dose of misinformation from AMC's apes is that short sellers of the stock have to cover. Specifically, apes are implying that there's some level of urgency here and that the disorder from excessive covering will lead to the \"mother of all short squeezes.\"</p>\n<p>The truth is that short-sellers \"have to cover\" as much as apes \"have\" to sell their position. In other words, short-sellers can cover their position at their leisure.</p>\n<p>What's more, hedge fund assets under management jumped to $4.07 trillion in June 2021, according to BarclayHedge. For short-covering to be disorderly, a massive wave of margin calls would need to come into play. Since the vast majority of hedge funds are diversified, and they have well over $4 trillion in assets in their sails, the chance of a margin call wave forcing short covering is virtually nonexistent.</p>\n<h2>Lie No. 3: The short squeeze is coming/around the corner</h2>\n<p>Just as they teach every salesperson, creating a sense of urgency with customers (i.e., potential new investors) is important. Apes are constantly hyping the idea that a short squeeze is imminent, or at worst right around the corner. Unfortunately, it's been five months since this ongoing claim began making its rounds, and there's nothing these retail folks can say to substantiate it.</p>\n<p>Aside from an institutional investor/hedge fund margin call wave being <i>highly</i> unlikely, history has also showed that short squeeze candidates have a poor track record of success. Earlier this year, I looked at the trailing three-month returns of 114 stocks with short interest above 20% and a market cap of at least $300 million. Only 9 of 114 stocks had gained 10% or more, while 94 of 114 had a negative three-month return.</p>\n<p>Apes need fresh capital to keep this pump-and-dump scheme going, but the data clearly shows that short squeezes rarely pay off.</p>\n<h2>Lie No. 4: Fundamentals don't matter</h2>\n<p>AMC's retail investors are also quick to dismiss anything having to do with concrete fundamental data. Whether it's the company's operating performance, industry ticket-sale trends, or AMC's balance sheet, they'll proudly proclaim it as FUD (fear, uncertainty, and doubt) and remind you this isn't a fundamental play. They do this because AMC's operating performance and balance sheet are nothing short of a horror movie, and they damage the misinformation campaign being put forward on social media and YouTube.</p>\n<p>I'll let you in on an investing secret that tenured investors know: Fundamentals always matter. Purposefully telling new investors to ignore fundamentals is like telling a used car buyer not to inspect the engine and just trust that everything is OK.</p>\n<p>For instance, social media was buzzing about <b>Washington Prime Group</b>'s short squeeze potential over the weekend of June 12 and 13. The company filed for bankruptcy protection late Sunday night (June 13), halving investors' stakes the following morning. The engine (fundamentals) drives the car; not the other way around.</p>\n<h2>Lie No. 5: Hedge funds control the mainstream media</h2>\n<p>AMC's apes need to create the impression that anything negative said about their company's stock on television, radio, the internet, or print can't possibly be true, and telling the lie that hedge funds control the mainstream media (MSM) is the easiest way to accomplish that task. Again, this pump-and-dump scam needs fresh capital to keep moving higher, therefore presenting the media as evil is an easy way to try to rally new investors to the retail cause.</p>\n<p>But, as is all-too-common with the ape agenda, it's devoid of fact.</p>\n<p>It just so happens that Harvard University provided a painstakingly thorough look at MSM ownership for 176 of the most influential media companies/outlets in May 2021. The findings? Only five of the 176 outlets are controlled or majority-controlled by private hedge funds. Apes simply hate hearing bad things said about AMC and will go to any lengths necessary to obfuscate those facts, including lying about MSM.</p>\n<h2>Lie No. 6: \"You're obviously short\"</h2>\n<p>To build on the previous point, AMC's impassioned retail investors will also claim inherent ownership biases in the anchors, guests, authors, and so on, who rail against their stock. This is necessary to help recruit fresh capital to their cause by trying to create an \"us vs. them\" mentality.</p>\n<p>To offer an example, I've personally been told on social media many dozens of times that I'm \"obviously short\" or \"clearly losing a lot of money\" because of the journalistic position I've taken on AMC. While I can't speak for any other company, I can proudly claim that my stock holdings are public information, and they're updated daily if I make a move. To boot, article disclosures state any positions I, and my company, have for any stock mentioned. This <i>includes</i> short positions, as well as any options ownership. The icing on the cake is that I also publicly announce my trading activity on <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Despite this transparent information, apes constantly and falsely insinuate a financial interest when none exists.</p>\n<h2>Lie No. 7: BlackRock and Vanguard buying AMC stock is bullish</h2>\n<p>This is <a href=\"https://laohu8.com/S/AONE.U\">one</a> I find particularly amusing, because apes are more than willing to welcome institutional investors with open arms <i>if</i> they happen to own shares of AMC.</p>\n<p>Retail investors regularly use <b>BlackRock</b>'s and Vanguard's ownership of AMC stock as a reason to promote optimism. However, this tells only a fraction of the real story. BlackRock and Vanguard are two of the largest institutional investment firms in the country, based on assets under management. As of their mid-May 13F filings, which detailed their holdings for the first quarter, BlackRock had close to 5,000 positions, with Vanguard chiming in with more than 4,000 positions. During Q1, BlackRock and Vanguard added to more than 3,900 and 3,200 of these stakes, respectively.</p>\n<p>Put another way, BlackRock and Vanguard have so many product offerings that they have a stake in virtually every stock listed in an index. Saying that BlackRock and Vanguard buying AMC is bullish is akin to saying you bought shares of <b>Ford</b> stock because you like red paint.</p>\n<p>As a percentage of shares outstanding, hedge fund <i>and</i> overall institutional ownership in AMC fell during the first quarter from the sequential fourth quarter. That's a fact!</p>\n<h2>Lie No. 8: Apes saved AMC</h2>\n<p>The eighth and final mammoth lie that AMC's retail investors rely on to coerce community compliance and bring in fresh capital is the idea that apes saved AMC. These folks genuinely believe that by purchasing shares of AMC they've somehow saved the company from going bankrupt.</p>\n<p>As I discussed with the first lie on this list, buying and selling stock has absolutely no influence on how well or poorly a company performs from an operating standpoint. Even if apes were to buy every share in existence, AMC could still go bankrupt if its operating performance doesn't improve. And based on its 2027 bonds trading well below par, bondholders aren't convinced that things will improve enough to save the company.</p>\n<p>What really saves companies from bankruptcy is their operating performance and the actions of management. In AMC's case, selling hundreds of millions of shares of stock an issuing high-interest debt last year and in early January gave it the financial lifeline needed to survive the worst of the pandemic. That's not apes saving AMC; that's the company's actions extending a lifeline.</p>\n<p>If anything, apes are purposely harming AMC by tying the hands of CEO Adam Aron and shooting down any additional opportunities for the company to raise capital and shore up its balance sheet.</p>\n<p>If this list of lies shows anything, it's the lengths apes will go to manipulate AMC's share price. However, history is very clear that all pump-and-dump schemes end in disaster. That's not FUD. It's a practical guarantee.</p>\n<p>Caveat emptor.</p>","source":"fool_stock","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>8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 21:55 GMT+8 <a href=https://www.fool.com/investing/2021/07/12/8-lies-that-fueled-the-amc-pump-and-dump-scheme/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's arguably been no hotter stock on the planet in 2021 than movie theater chain AMC Entertainment (NYSE:AMC). It's gone from teetering on the brink of bankruptcy in early January to being valued ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/12/8-lies-that-fueled-the-amc-pump-and-dump-scheme/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/12/8-lies-that-fueled-the-amc-pump-and-dump-scheme/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150580297","content_text":"There's arguably been no hotter stock on the planet in 2021 than movie theater chain AMC Entertainment (NYSE:AMC). It's gone from teetering on the brink of bankruptcy in early January to being valued at $23 billion, as of business close on July 7.\nAt the heart of this rally are AMC's passionate army of retail investors, collectively known as \"apes\" -- an homage to Rise of the Planet of the Apes, where leader Caesar infers that apes are stronger together. This might sound like a feel-good story whereby retail is finally exacting its revenge on Wall Street, but the reality is that AMC has become a battleground pump-and-dump scheme driven higher almost entirely by the misinformation and lies spread by its retail investors.\nWhile I've previously covered some aspects of the misinformation campaign used as the foundation for the rally in AMC's stock, below are the eight most pervasive lies that have fueled this pump-and-dump scheme.\nLie No. 1: Hedge fund short-selling bankrupts companies\nThe whopper of all lies exchanged on message boards and via YouTube is the idea that hedge fund short-selling is somehow responsible for bankrupting businesses.\nThe reality is that the operating performance of a company determines whether or not it thrives or goes under. There are plenty of companies whose share prices are under $1 that aren't bankrupt, and there are companies with share prices north of $1 that ultimately file for bankruptcy protection. Investors who choose to buy or short-sell stock are simply betting on an outcome. They don't control or influence how well or poorly the underlying business performs.\nPut another way, if I buy $1 billion worth of Apple stock tomorrow, I might help lift its share price, but I've not improved its sales or profit potential one iota. Likewise, if I short-sell Apple's stock tomorrow, I haven't hurt its sales potential or profitability at all. Why would this hypothetical scenario be any different with AMC? Hint: It's not.\nLie No. 2: Shorts have to cover\nAnother dose of misinformation from AMC's apes is that short sellers of the stock have to cover. Specifically, apes are implying that there's some level of urgency here and that the disorder from excessive covering will lead to the \"mother of all short squeezes.\"\nThe truth is that short-sellers \"have to cover\" as much as apes \"have\" to sell their position. In other words, short-sellers can cover their position at their leisure.\nWhat's more, hedge fund assets under management jumped to $4.07 trillion in June 2021, according to BarclayHedge. For short-covering to be disorderly, a massive wave of margin calls would need to come into play. Since the vast majority of hedge funds are diversified, and they have well over $4 trillion in assets in their sails, the chance of a margin call wave forcing short covering is virtually nonexistent.\nLie No. 3: The short squeeze is coming/around the corner\nJust as they teach every salesperson, creating a sense of urgency with customers (i.e., potential new investors) is important. Apes are constantly hyping the idea that a short squeeze is imminent, or at worst right around the corner. Unfortunately, it's been five months since this ongoing claim began making its rounds, and there's nothing these retail folks can say to substantiate it.\nAside from an institutional investor/hedge fund margin call wave being highly unlikely, history has also showed that short squeeze candidates have a poor track record of success. Earlier this year, I looked at the trailing three-month returns of 114 stocks with short interest above 20% and a market cap of at least $300 million. Only 9 of 114 stocks had gained 10% or more, while 94 of 114 had a negative three-month return.\nApes need fresh capital to keep this pump-and-dump scheme going, but the data clearly shows that short squeezes rarely pay off.\nLie No. 4: Fundamentals don't matter\nAMC's retail investors are also quick to dismiss anything having to do with concrete fundamental data. Whether it's the company's operating performance, industry ticket-sale trends, or AMC's balance sheet, they'll proudly proclaim it as FUD (fear, uncertainty, and doubt) and remind you this isn't a fundamental play. They do this because AMC's operating performance and balance sheet are nothing short of a horror movie, and they damage the misinformation campaign being put forward on social media and YouTube.\nI'll let you in on an investing secret that tenured investors know: Fundamentals always matter. Purposefully telling new investors to ignore fundamentals is like telling a used car buyer not to inspect the engine and just trust that everything is OK.\nFor instance, social media was buzzing about Washington Prime Group's short squeeze potential over the weekend of June 12 and 13. The company filed for bankruptcy protection late Sunday night (June 13), halving investors' stakes the following morning. The engine (fundamentals) drives the car; not the other way around.\nLie No. 5: Hedge funds control the mainstream media\nAMC's apes need to create the impression that anything negative said about their company's stock on television, radio, the internet, or print can't possibly be true, and telling the lie that hedge funds control the mainstream media (MSM) is the easiest way to accomplish that task. Again, this pump-and-dump scam needs fresh capital to keep moving higher, therefore presenting the media as evil is an easy way to try to rally new investors to the retail cause.\nBut, as is all-too-common with the ape agenda, it's devoid of fact.\nIt just so happens that Harvard University provided a painstakingly thorough look at MSM ownership for 176 of the most influential media companies/outlets in May 2021. The findings? Only five of the 176 outlets are controlled or majority-controlled by private hedge funds. Apes simply hate hearing bad things said about AMC and will go to any lengths necessary to obfuscate those facts, including lying about MSM.\nLie No. 6: \"You're obviously short\"\nTo build on the previous point, AMC's impassioned retail investors will also claim inherent ownership biases in the anchors, guests, authors, and so on, who rail against their stock. This is necessary to help recruit fresh capital to their cause by trying to create an \"us vs. them\" mentality.\nTo offer an example, I've personally been told on social media many dozens of times that I'm \"obviously short\" or \"clearly losing a lot of money\" because of the journalistic position I've taken on AMC. While I can't speak for any other company, I can proudly claim that my stock holdings are public information, and they're updated daily if I make a move. To boot, article disclosures state any positions I, and my company, have for any stock mentioned. This includes short positions, as well as any options ownership. The icing on the cake is that I also publicly announce my trading activity on Twitter.\nDespite this transparent information, apes constantly and falsely insinuate a financial interest when none exists.\nLie No. 7: BlackRock and Vanguard buying AMC stock is bullish\nThis is one I find particularly amusing, because apes are more than willing to welcome institutional investors with open arms if they happen to own shares of AMC.\nRetail investors regularly use BlackRock's and Vanguard's ownership of AMC stock as a reason to promote optimism. However, this tells only a fraction of the real story. BlackRock and Vanguard are two of the largest institutional investment firms in the country, based on assets under management. As of their mid-May 13F filings, which detailed their holdings for the first quarter, BlackRock had close to 5,000 positions, with Vanguard chiming in with more than 4,000 positions. During Q1, BlackRock and Vanguard added to more than 3,900 and 3,200 of these stakes, respectively.\nPut another way, BlackRock and Vanguard have so many product offerings that they have a stake in virtually every stock listed in an index. Saying that BlackRock and Vanguard buying AMC is bullish is akin to saying you bought shares of Ford stock because you like red paint.\nAs a percentage of shares outstanding, hedge fund and overall institutional ownership in AMC fell during the first quarter from the sequential fourth quarter. That's a fact!\nLie No. 8: Apes saved AMC\nThe eighth and final mammoth lie that AMC's retail investors rely on to coerce community compliance and bring in fresh capital is the idea that apes saved AMC. These folks genuinely believe that by purchasing shares of AMC they've somehow saved the company from going bankrupt.\nAs I discussed with the first lie on this list, buying and selling stock has absolutely no influence on how well or poorly a company performs from an operating standpoint. Even if apes were to buy every share in existence, AMC could still go bankrupt if its operating performance doesn't improve. And based on its 2027 bonds trading well below par, bondholders aren't convinced that things will improve enough to save the company.\nWhat really saves companies from bankruptcy is their operating performance and the actions of management. In AMC's case, selling hundreds of millions of shares of stock an issuing high-interest debt last year and in early January gave it the financial lifeline needed to survive the worst of the pandemic. That's not apes saving AMC; that's the company's actions extending a lifeline.\nIf anything, apes are purposely harming AMC by tying the hands of CEO Adam Aron and shooting down any additional opportunities for the company to raise capital and shore up its balance sheet.\nIf this list of lies shows anything, it's the lengths apes will go to manipulate AMC's share price. However, history is very clear that all pump-and-dump schemes end in disaster. That's not FUD. It's a practical guarantee.\nCaveat emptor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142023362,"gmtCreate":1626105158156,"gmtModify":1633930048731,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142023362","repostId":"1128533375","repostType":4,"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148473068,"gmtCreate":1626012359454,"gmtModify":1633930934085,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088336475101670","idStr":"4088336475101670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$</a>谢谢老虎","listText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$</a>谢谢老虎","text":"$苹果(AAPL)$谢谢老虎","images":[{"img":"https://static.tigerbbs.com/9165aa3683f974ec623a04a906f21e5a","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148473068","isVote":1,"tweetType":1,"viewCount":1209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":824179401,"gmtCreate":1634295909491,"gmtModify":1634295909621,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"Yes! More VTL coming! Roar SIA","listText":"Yes! More VTL coming! Roar SIA","text":"Yes! More VTL coming! Roar SIA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/824179401","repostId":"1176348685","repostType":4,"isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609823522,"gmtCreate":1638266501971,"gmtModify":1638266502035,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"possible more to come, fearful of new variant. Fearful and uncertainty","listText":"possible more to come, fearful of new variant. Fearful and uncertainty","text":"possible more to come, fearful of new variant. Fearful and uncertainty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/609823522","repostId":"1168898643","repostType":4,"isVote":1,"tweetType":1,"viewCount":879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":171044237,"gmtCreate":1626699526329,"gmtModify":1633924851120,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"[Smile] ","listText":"[Smile] ","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171044237","repostId":"1135910714","repostType":4,"repost":{"id":"1135910714","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":1626692784,"share":"https://www.laohu8.com/m/news/1135910714?lang=&edition=full","pubTime":"2021-07-19 19:06","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135910714","media":"Tiger Newspress","summary":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor","content":"<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>: </b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> : </b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>: </b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a>: </b>Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</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>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2021-07-19 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>: </b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> : </b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>: </b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson & Johnson</a>: </b>Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135910714","content_text":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\n\n(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.\nAt 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused Nasdaq-100 fell 0.89%.\n\nSurging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.\n“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.\nBusiness reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.\nAirlines and oil-and-gas companies were among the worst performers ahead of the bell in New York.Occidental Petroleumlost 4.1%, ConocoPhillips 3.6%,American Airlines Group2.3% and $Delta Air Lines(DAL)$ 2.2%.\nOne bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. Zoom shares slipped 2% in premarket trading.\nWorries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.\nPotential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand Just Eat Takeaway.com ticked higher.\nAmong other stocks, Paris-listedVivendifell 1.2%. Pershing Square Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein Universal Music Group. Mr. Ackman’s Pershing Square said it would take a large stake in Universal, which is majority owned by Vivendi, instead.\nItalian luxury fashion house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in New York.\nStocks making the biggest moves premarket:\nPershing Square Tontine Holdings: Billionaire investor William Ackman’s Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.\nTesla Motors : On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a one-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.\n\nXPeng Inc.: Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.\n\nJohnson & Johnson: Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.\n\nIn Asia, technology giants Alibaba and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned American companies about the increasingrisks of operating in the financial hub.\nJapan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.\nDavid Chao, a market strategist at Invesco, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.\nMr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.\nIn FX, the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\nGold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812529297,"gmtCreate":1630595489219,"gmtModify":1632470930070,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812529297","repostId":"2164282866","repostType":4,"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812520173,"gmtCreate":1630595453392,"gmtModify":1632470935948,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"40%? 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Don’t think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812520173","repostId":"1131318558","repostType":4,"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":828274455,"gmtCreate":1633920279603,"gmtModify":1633920279603,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/T82U.SI\">$SUNTEC REAL ESTATE INV TRUST(T82U.SI)$</a> go go suntec ","listText":"<a href=\"https://laohu8.com/S/T82U.SI\">$SUNTEC REAL ESTATE INV TRUST(T82U.SI)$</a> go go suntec ","text":"$SUNTEC REAL ESTATE INV TRUST(T82U.SI)$ go go suntec","images":[{"img":"https://static.tigerbbs.com/2e84303dd448a3e11d8a6b169412ec4a","width":"3024","height":"4032"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828274455","isVote":1,"tweetType":1,"viewCount":1393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":179223597,"gmtCreate":1626536407219,"gmtModify":1633925994630,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"How","listText":"How","text":"How","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179223597","repostId":"1198202103","repostType":4,"repost":{"id":"1198202103","pubTimestamp":1626481985,"share":"https://www.laohu8.com/m/news/1198202103?lang=&edition=full","pubTime":"2021-07-17 08:33","market":"us","language":"en","title":"Dow drops nearly 300 points on Friday, snaps 3-week winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1198202103","media":"CNBC","summary":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as ","content":"<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Dow drops nearly 300 points on Friday, snaps 3-week winning streak</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171047078,"gmtCreate":1626699551595,"gmtModify":1633924850760,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171047078","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":690916571,"gmtCreate":1639621022710,"gmtModify":1639621022861,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S58.SI\">$SATS LTD.(S58.SI)$</a>Rolling rolling [Miser] ","listText":"<a href=\"https://laohu8.com/S/S58.SI\">$SATS LTD.(S58.SI)$</a>Rolling rolling [Miser] ","text":"$SATS LTD.(S58.SI)$Rolling rolling [Miser]","images":[{"img":"https://static.tigerbbs.com/051282688cd6213edbf9076edbb16495","width":"1125","height":"2781"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690916571","isVote":1,"tweetType":1,"viewCount":1243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":853112033,"gmtCreate":1634779351162,"gmtModify":1634779351294,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a> Near 52 weeks low. If can cross jb, surely will affect Sheng siong business. But when can wecross jb [Glance] ","listText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a> Near 52 weeks low. If can cross jb, surely will affect Sheng siong business. But when can wecross jb [Glance] ","text":"$SHENG SIONG GROUP LTD(OV8.SI)$ Near 52 weeks low. If can cross jb, surely will affect Sheng siong business. But when can wecross jb [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853112033","isVote":1,"tweetType":1,"viewCount":1303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":801974569,"gmtCreate":1627481361851,"gmtModify":1633764591153,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"上不上车","listText":"上不上车","text":"上不上车","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801974569","repostId":"2154494900","repostType":4,"isVote":1,"tweetType":1,"viewCount":1750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":148473068,"gmtCreate":1626012359454,"gmtModify":1633930934085,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$</a>谢谢老虎","listText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$</a>谢谢老虎","text":"$苹果(AAPL)$谢谢老虎","images":[{"img":"https://static.tigerbbs.com/9165aa3683f974ec623a04a906f21e5a","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148473068","isVote":1,"tweetType":1,"viewCount":1209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":877867227,"gmtCreate":1637915234277,"gmtModify":1637915234371,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"Black Friday sales [Miser] ","listText":"Black Friday sales [Miser] ","text":"Black Friday sales [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877867227","repostId":"1153168046","repostType":4,"isVote":1,"tweetType":1,"viewCount":1199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829665122,"gmtCreate":1633500715482,"gmtModify":1633500716998,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S58.SI\">$SATS LTD.(S58.SI)$</a> go go go","listText":"<a href=\"https://laohu8.com/S/S58.SI\">$SATS LTD.(S58.SI)$</a> go go go","text":"$SATS LTD.(S58.SI)$ go go go","images":[{"img":"https://static.tigerbbs.com/264f5fa2a9760999aa80ce447ec8e970","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829665122","isVote":1,"tweetType":1,"viewCount":949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":171047445,"gmtCreate":1626699593787,"gmtModify":1633924850056,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"worrying the same thing ","listText":"worrying the same thing ","text":"worrying the same thing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171047445","repostId":"1177001120","repostType":4,"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142023694,"gmtCreate":1626105178718,"gmtModify":1633930048386,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"good good","listText":"good good","text":"good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142023694","repostId":"2150580297","repostType":4,"repost":{"id":"2150580297","pubTimestamp":1626098100,"share":"https://www.laohu8.com/m/news/2150580297?lang=&edition=full","pubTime":"2021-07-12 21:55","market":"us","language":"en","title":"8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=2150580297","media":"Motley Fool","summary":"Misinformation is the basis for the bulk of AMC's rally.","content":"<p>There's arguably been no hotter stock on the planet in 2021 than movie theater chain <b>AMC Entertainment </b>(NYSE:AMC). It's gone from teetering on the brink of bankruptcy in early January to being valued at $23 billion, as of business close on July 7.</p>\n<p>At the heart of this rally are AMC's passionate army of retail investors, collectively known as \"apes\" -- an homage to <i>Rise of the Planet of the Apes</i>, where leader Caesar infers that apes are stronger together. This might sound like a feel-good story whereby retail is finally exacting its revenge on Wall Street, but the reality is that AMC has become a battleground pump-and-dump scheme driven higher almost entirely by the misinformation and lies spread by its retail investors.</p>\n<p>While I've previously covered some aspects of the misinformation campaign used as the foundation for the rally in AMC's stock, below are the eight most pervasive lies that have fueled this pump-and-dump scheme.</p>\n<h2>Lie No. 1: Hedge fund short-selling bankrupts companies</h2>\n<p>The whopper of all lies exchanged on message boards and via YouTube is the idea that hedge fund short-selling is somehow responsible for bankrupting businesses.</p>\n<p>The reality is that the operating performance of a company determines whether or not it thrives or goes under. There are plenty of companies whose share prices are under $1 that aren't bankrupt, and there are companies with share prices north of $1 that ultimately file for bankruptcy protection. Investors who choose to buy or short-sell stock are simply betting on an outcome. They don't control or influence how well or poorly the underlying business performs.</p>\n<p>Put another way, if I buy $1 billion worth of <b>Apple</b> stock tomorrow, I might help lift its share price, but I've not improved its sales or profit potential <a href=\"https://laohu8.com/S/AONE\">one</a> iota. Likewise, if I short-sell Apple's stock tomorrow, I haven't hurt its sales potential or profitability at all. Why would this hypothetical scenario be any different with AMC? Hint: It's not.</p>\n<h2>Lie No. 2: Shorts have to cover</h2>\n<p>Another dose of misinformation from AMC's apes is that short sellers of the stock have to cover. Specifically, apes are implying that there's some level of urgency here and that the disorder from excessive covering will lead to the \"mother of all short squeezes.\"</p>\n<p>The truth is that short-sellers \"have to cover\" as much as apes \"have\" to sell their position. In other words, short-sellers can cover their position at their leisure.</p>\n<p>What's more, hedge fund assets under management jumped to $4.07 trillion in June 2021, according to BarclayHedge. For short-covering to be disorderly, a massive wave of margin calls would need to come into play. Since the vast majority of hedge funds are diversified, and they have well over $4 trillion in assets in their sails, the chance of a margin call wave forcing short covering is virtually nonexistent.</p>\n<h2>Lie No. 3: The short squeeze is coming/around the corner</h2>\n<p>Just as they teach every salesperson, creating a sense of urgency with customers (i.e., potential new investors) is important. Apes are constantly hyping the idea that a short squeeze is imminent, or at worst right around the corner. Unfortunately, it's been five months since this ongoing claim began making its rounds, and there's nothing these retail folks can say to substantiate it.</p>\n<p>Aside from an institutional investor/hedge fund margin call wave being <i>highly</i> unlikely, history has also showed that short squeeze candidates have a poor track record of success. Earlier this year, I looked at the trailing three-month returns of 114 stocks with short interest above 20% and a market cap of at least $300 million. Only 9 of 114 stocks had gained 10% or more, while 94 of 114 had a negative three-month return.</p>\n<p>Apes need fresh capital to keep this pump-and-dump scheme going, but the data clearly shows that short squeezes rarely pay off.</p>\n<h2>Lie No. 4: Fundamentals don't matter</h2>\n<p>AMC's retail investors are also quick to dismiss anything having to do with concrete fundamental data. Whether it's the company's operating performance, industry ticket-sale trends, or AMC's balance sheet, they'll proudly proclaim it as FUD (fear, uncertainty, and doubt) and remind you this isn't a fundamental play. They do this because AMC's operating performance and balance sheet are nothing short of a horror movie, and they damage the misinformation campaign being put forward on social media and YouTube.</p>\n<p>I'll let you in on an investing secret that tenured investors know: Fundamentals always matter. Purposefully telling new investors to ignore fundamentals is like telling a used car buyer not to inspect the engine and just trust that everything is OK.</p>\n<p>For instance, social media was buzzing about <b>Washington Prime Group</b>'s short squeeze potential over the weekend of June 12 and 13. The company filed for bankruptcy protection late Sunday night (June 13), halving investors' stakes the following morning. The engine (fundamentals) drives the car; not the other way around.</p>\n<h2>Lie No. 5: Hedge funds control the mainstream media</h2>\n<p>AMC's apes need to create the impression that anything negative said about their company's stock on television, radio, the internet, or print can't possibly be true, and telling the lie that hedge funds control the mainstream media (MSM) is the easiest way to accomplish that task. Again, this pump-and-dump scam needs fresh capital to keep moving higher, therefore presenting the media as evil is an easy way to try to rally new investors to the retail cause.</p>\n<p>But, as is all-too-common with the ape agenda, it's devoid of fact.</p>\n<p>It just so happens that Harvard University provided a painstakingly thorough look at MSM ownership for 176 of the most influential media companies/outlets in May 2021. The findings? Only five of the 176 outlets are controlled or majority-controlled by private hedge funds. Apes simply hate hearing bad things said about AMC and will go to any lengths necessary to obfuscate those facts, including lying about MSM.</p>\n<h2>Lie No. 6: \"You're obviously short\"</h2>\n<p>To build on the previous point, AMC's impassioned retail investors will also claim inherent ownership biases in the anchors, guests, authors, and so on, who rail against their stock. This is necessary to help recruit fresh capital to their cause by trying to create an \"us vs. them\" mentality.</p>\n<p>To offer an example, I've personally been told on social media many dozens of times that I'm \"obviously short\" or \"clearly losing a lot of money\" because of the journalistic position I've taken on AMC. While I can't speak for any other company, I can proudly claim that my stock holdings are public information, and they're updated daily if I make a move. To boot, article disclosures state any positions I, and my company, have for any stock mentioned. This <i>includes</i> short positions, as well as any options ownership. The icing on the cake is that I also publicly announce my trading activity on <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p>\n<p>Despite this transparent information, apes constantly and falsely insinuate a financial interest when none exists.</p>\n<h2>Lie No. 7: BlackRock and Vanguard buying AMC stock is bullish</h2>\n<p>This is <a href=\"https://laohu8.com/S/AONE.U\">one</a> I find particularly amusing, because apes are more than willing to welcome institutional investors with open arms <i>if</i> they happen to own shares of AMC.</p>\n<p>Retail investors regularly use <b>BlackRock</b>'s and Vanguard's ownership of AMC stock as a reason to promote optimism. However, this tells only a fraction of the real story. BlackRock and Vanguard are two of the largest institutional investment firms in the country, based on assets under management. As of their mid-May 13F filings, which detailed their holdings for the first quarter, BlackRock had close to 5,000 positions, with Vanguard chiming in with more than 4,000 positions. During Q1, BlackRock and Vanguard added to more than 3,900 and 3,200 of these stakes, respectively.</p>\n<p>Put another way, BlackRock and Vanguard have so many product offerings that they have a stake in virtually every stock listed in an index. Saying that BlackRock and Vanguard buying AMC is bullish is akin to saying you bought shares of <b>Ford</b> stock because you like red paint.</p>\n<p>As a percentage of shares outstanding, hedge fund <i>and</i> overall institutional ownership in AMC fell during the first quarter from the sequential fourth quarter. That's a fact!</p>\n<h2>Lie No. 8: Apes saved AMC</h2>\n<p>The eighth and final mammoth lie that AMC's retail investors rely on to coerce community compliance and bring in fresh capital is the idea that apes saved AMC. These folks genuinely believe that by purchasing shares of AMC they've somehow saved the company from going bankrupt.</p>\n<p>As I discussed with the first lie on this list, buying and selling stock has absolutely no influence on how well or poorly a company performs from an operating standpoint. Even if apes were to buy every share in existence, AMC could still go bankrupt if its operating performance doesn't improve. And based on its 2027 bonds trading well below par, bondholders aren't convinced that things will improve enough to save the company.</p>\n<p>What really saves companies from bankruptcy is their operating performance and the actions of management. In AMC's case, selling hundreds of millions of shares of stock an issuing high-interest debt last year and in early January gave it the financial lifeline needed to survive the worst of the pandemic. That's not apes saving AMC; that's the company's actions extending a lifeline.</p>\n<p>If anything, apes are purposely harming AMC by tying the hands of CEO Adam Aron and shooting down any additional opportunities for the company to raise capital and shore up its balance sheet.</p>\n<p>If this list of lies shows anything, it's the lengths apes will go to manipulate AMC's share price. However, history is very clear that all pump-and-dump schemes end in disaster. That's not FUD. It's a practical guarantee.</p>\n<p>Caveat emptor.</p>","source":"fool_stock","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>8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 21:55 GMT+8 <a href=https://www.fool.com/investing/2021/07/12/8-lies-that-fueled-the-amc-pump-and-dump-scheme/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's arguably been no hotter stock on the planet in 2021 than movie theater chain AMC Entertainment (NYSE:AMC). It's gone from teetering on the brink of bankruptcy in early January to being valued ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/12/8-lies-that-fueled-the-amc-pump-and-dump-scheme/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/12/8-lies-that-fueled-the-amc-pump-and-dump-scheme/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150580297","content_text":"There's arguably been no hotter stock on the planet in 2021 than movie theater chain AMC Entertainment (NYSE:AMC). It's gone from teetering on the brink of bankruptcy in early January to being valued at $23 billion, as of business close on July 7.\nAt the heart of this rally are AMC's passionate army of retail investors, collectively known as \"apes\" -- an homage to Rise of the Planet of the Apes, where leader Caesar infers that apes are stronger together. This might sound like a feel-good story whereby retail is finally exacting its revenge on Wall Street, but the reality is that AMC has become a battleground pump-and-dump scheme driven higher almost entirely by the misinformation and lies spread by its retail investors.\nWhile I've previously covered some aspects of the misinformation campaign used as the foundation for the rally in AMC's stock, below are the eight most pervasive lies that have fueled this pump-and-dump scheme.\nLie No. 1: Hedge fund short-selling bankrupts companies\nThe whopper of all lies exchanged on message boards and via YouTube is the idea that hedge fund short-selling is somehow responsible for bankrupting businesses.\nThe reality is that the operating performance of a company determines whether or not it thrives or goes under. There are plenty of companies whose share prices are under $1 that aren't bankrupt, and there are companies with share prices north of $1 that ultimately file for bankruptcy protection. Investors who choose to buy or short-sell stock are simply betting on an outcome. They don't control or influence how well or poorly the underlying business performs.\nPut another way, if I buy $1 billion worth of Apple stock tomorrow, I might help lift its share price, but I've not improved its sales or profit potential one iota. Likewise, if I short-sell Apple's stock tomorrow, I haven't hurt its sales potential or profitability at all. Why would this hypothetical scenario be any different with AMC? Hint: It's not.\nLie No. 2: Shorts have to cover\nAnother dose of misinformation from AMC's apes is that short sellers of the stock have to cover. Specifically, apes are implying that there's some level of urgency here and that the disorder from excessive covering will lead to the \"mother of all short squeezes.\"\nThe truth is that short-sellers \"have to cover\" as much as apes \"have\" to sell their position. In other words, short-sellers can cover their position at their leisure.\nWhat's more, hedge fund assets under management jumped to $4.07 trillion in June 2021, according to BarclayHedge. For short-covering to be disorderly, a massive wave of margin calls would need to come into play. Since the vast majority of hedge funds are diversified, and they have well over $4 trillion in assets in their sails, the chance of a margin call wave forcing short covering is virtually nonexistent.\nLie No. 3: The short squeeze is coming/around the corner\nJust as they teach every salesperson, creating a sense of urgency with customers (i.e., potential new investors) is important. Apes are constantly hyping the idea that a short squeeze is imminent, or at worst right around the corner. Unfortunately, it's been five months since this ongoing claim began making its rounds, and there's nothing these retail folks can say to substantiate it.\nAside from an institutional investor/hedge fund margin call wave being highly unlikely, history has also showed that short squeeze candidates have a poor track record of success. Earlier this year, I looked at the trailing three-month returns of 114 stocks with short interest above 20% and a market cap of at least $300 million. Only 9 of 114 stocks had gained 10% or more, while 94 of 114 had a negative three-month return.\nApes need fresh capital to keep this pump-and-dump scheme going, but the data clearly shows that short squeezes rarely pay off.\nLie No. 4: Fundamentals don't matter\nAMC's retail investors are also quick to dismiss anything having to do with concrete fundamental data. Whether it's the company's operating performance, industry ticket-sale trends, or AMC's balance sheet, they'll proudly proclaim it as FUD (fear, uncertainty, and doubt) and remind you this isn't a fundamental play. They do this because AMC's operating performance and balance sheet are nothing short of a horror movie, and they damage the misinformation campaign being put forward on social media and YouTube.\nI'll let you in on an investing secret that tenured investors know: Fundamentals always matter. Purposefully telling new investors to ignore fundamentals is like telling a used car buyer not to inspect the engine and just trust that everything is OK.\nFor instance, social media was buzzing about Washington Prime Group's short squeeze potential over the weekend of June 12 and 13. The company filed for bankruptcy protection late Sunday night (June 13), halving investors' stakes the following morning. The engine (fundamentals) drives the car; not the other way around.\nLie No. 5: Hedge funds control the mainstream media\nAMC's apes need to create the impression that anything negative said about their company's stock on television, radio, the internet, or print can't possibly be true, and telling the lie that hedge funds control the mainstream media (MSM) is the easiest way to accomplish that task. Again, this pump-and-dump scam needs fresh capital to keep moving higher, therefore presenting the media as evil is an easy way to try to rally new investors to the retail cause.\nBut, as is all-too-common with the ape agenda, it's devoid of fact.\nIt just so happens that Harvard University provided a painstakingly thorough look at MSM ownership for 176 of the most influential media companies/outlets in May 2021. The findings? Only five of the 176 outlets are controlled or majority-controlled by private hedge funds. Apes simply hate hearing bad things said about AMC and will go to any lengths necessary to obfuscate those facts, including lying about MSM.\nLie No. 6: \"You're obviously short\"\nTo build on the previous point, AMC's impassioned retail investors will also claim inherent ownership biases in the anchors, guests, authors, and so on, who rail against their stock. This is necessary to help recruit fresh capital to their cause by trying to create an \"us vs. them\" mentality.\nTo offer an example, I've personally been told on social media many dozens of times that I'm \"obviously short\" or \"clearly losing a lot of money\" because of the journalistic position I've taken on AMC. While I can't speak for any other company, I can proudly claim that my stock holdings are public information, and they're updated daily if I make a move. To boot, article disclosures state any positions I, and my company, have for any stock mentioned. This includes short positions, as well as any options ownership. The icing on the cake is that I also publicly announce my trading activity on Twitter.\nDespite this transparent information, apes constantly and falsely insinuate a financial interest when none exists.\nLie No. 7: BlackRock and Vanguard buying AMC stock is bullish\nThis is one I find particularly amusing, because apes are more than willing to welcome institutional investors with open arms if they happen to own shares of AMC.\nRetail investors regularly use BlackRock's and Vanguard's ownership of AMC stock as a reason to promote optimism. However, this tells only a fraction of the real story. BlackRock and Vanguard are two of the largest institutional investment firms in the country, based on assets under management. As of their mid-May 13F filings, which detailed their holdings for the first quarter, BlackRock had close to 5,000 positions, with Vanguard chiming in with more than 4,000 positions. During Q1, BlackRock and Vanguard added to more than 3,900 and 3,200 of these stakes, respectively.\nPut another way, BlackRock and Vanguard have so many product offerings that they have a stake in virtually every stock listed in an index. Saying that BlackRock and Vanguard buying AMC is bullish is akin to saying you bought shares of Ford stock because you like red paint.\nAs a percentage of shares outstanding, hedge fund and overall institutional ownership in AMC fell during the first quarter from the sequential fourth quarter. That's a fact!\nLie No. 8: Apes saved AMC\nThe eighth and final mammoth lie that AMC's retail investors rely on to coerce community compliance and bring in fresh capital is the idea that apes saved AMC. These folks genuinely believe that by purchasing shares of AMC they've somehow saved the company from going bankrupt.\nAs I discussed with the first lie on this list, buying and selling stock has absolutely no influence on how well or poorly a company performs from an operating standpoint. Even if apes were to buy every share in existence, AMC could still go bankrupt if its operating performance doesn't improve. And based on its 2027 bonds trading well below par, bondholders aren't convinced that things will improve enough to save the company.\nWhat really saves companies from bankruptcy is their operating performance and the actions of management. In AMC's case, selling hundreds of millions of shares of stock an issuing high-interest debt last year and in early January gave it the financial lifeline needed to survive the worst of the pandemic. That's not apes saving AMC; that's the company's actions extending a lifeline.\nIf anything, apes are purposely harming AMC by tying the hands of CEO Adam Aron and shooting down any additional opportunities for the company to raise capital and shore up its balance sheet.\nIf this list of lies shows anything, it's the lengths apes will go to manipulate AMC's share price. However, history is very clear that all pump-and-dump schemes end in disaster. That's not FUD. It's a practical guarantee.\nCaveat emptor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142023362,"gmtCreate":1626105158156,"gmtModify":1633930048731,"author":{"id":"4088336475101670","authorId":"4088336475101670","name":"淡宾尼魔","avatar":"https://static.tigerbbs.com/29a0ccd8a231ba9e51438d7c584d7cb8","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088336475101670","authorIdStr":"4088336475101670"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142023362","repostId":"1128533375","repostType":4,"repost":{"id":"1128533375","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":1626098621,"share":"https://www.laohu8.com/m/news/1128533375?lang=&edition=full","pubTime":"2021-07-12 22:03","market":"us","language":"en","title":"SPI Energy stock jumps 17% on launching next generation electric pickup truck EF1-T","url":"https://stock-news.laohu8.com/highlight/detail?id=1128533375","media":"Tiger Newspress","summary":"SPI Energy stock jumps 17% on announcing the launch of next-generation electric pickup truck, EF1-T ","content":"<ul>\n <li>SPI Energy stock jumps 17% on announcing the launch of next-generation electric pickup truck, EF1-T by its wholly owned EdisonFuture, Inc. and PhoenixMotor Inc. subsidiary.</li>\n <li>The EF1-T standard model comes equipped with total power of 350 kilowatts, or 470 horsepower, while EdisonFuture's top of the line \"Super\" model offers 600kW, or 816HP.</li>\n <li>\"Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design,\" stated Mr. Xiaofeng Peng, Chairman & Chief Executive Officer of SPI Energy. \"We have already filed multiple design and technology patents in the US related to the EF1-T and look forward to introducing this game-changing vehicle to the market in the coming months.\"</li>\n <li>Approximately 2.9M pickup trucks were sold in the US in 2020, +20% of the entire US auto market.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/0bd67d49b5a0a872ac8d4bf5ef7788a7\" tg-width=\"1297\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></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>SPI Energy stock jumps 17% on launching next generation electric pickup truck EF1-T</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPI Energy stock jumps 17% on launching next generation electric pickup truck EF1-T\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2021-07-12 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>SPI Energy stock jumps 17% on announcing the launch of next-generation electric pickup truck, EF1-T by its wholly owned EdisonFuture, Inc. and PhoenixMotor Inc. subsidiary.</li>\n <li>The EF1-T standard model comes equipped with total power of 350 kilowatts, or 470 horsepower, while EdisonFuture's top of the line \"Super\" model offers 600kW, or 816HP.</li>\n <li>\"Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design,\" stated Mr. Xiaofeng Peng, Chairman & Chief Executive Officer of SPI Energy. \"We have already filed multiple design and technology patents in the US related to the EF1-T and look forward to introducing this game-changing vehicle to the market in the coming months.\"</li>\n <li>Approximately 2.9M pickup trucks were sold in the US in 2020, +20% of the entire US auto market.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/0bd67d49b5a0a872ac8d4bf5ef7788a7\" tg-width=\"1297\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPI":"阳光动力"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128533375","content_text":"SPI Energy stock jumps 17% on announcing the launch of next-generation electric pickup truck, EF1-T by its wholly owned EdisonFuture, Inc. and PhoenixMotor Inc. subsidiary.\nThe EF1-T standard model comes equipped with total power of 350 kilowatts, or 470 horsepower, while EdisonFuture's top of the line \"Super\" model offers 600kW, or 816HP.\n\"Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design,\" stated Mr. Xiaofeng Peng, Chairman & Chief Executive Officer of SPI Energy. \"We have already filed multiple design and technology patents in the US related to the EF1-T and look forward to introducing this game-changing vehicle to the market in the coming months.\"\nApproximately 2.9M pickup trucks were sold in the US in 2020, +20% of the entire US auto market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}