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Lewis1983
2021-04-03
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Alibaba's Stock Is Entering Make It Or Break It Time
Lewis1983
2021-04-08
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Wall Street muddles around with Fed minutes ahead
Lewis1983
2021-04-05
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A Century of Data Show Markets Far From Impervious to Tax Hikes
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","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341251834","repostId":"2125728517","repostType":4,"repost":{"id":"2125728517","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617805832,"share":"https://www.laohu8.com/m/news/2125728517?lang=&edition=full","pubTime":"2021-04-07 22:30","market":"us","language":"en","title":"Wall Street muddles around with Fed minutes ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2125728517","media":"Reuters","summary":"* U.S. stocks flat-higher early* Tech leads S&P sector gains; materials biggest loser* Euro STOXX 60","content":"<p>* U.S. stocks flat-higher early</p><p>* Tech leads S&P sector gains; materials biggest loser</p><p>* Euro STOXX 600 down ~0.2%</p><p>* Dollar dips; gold falls, crude down slightly</p><p>* U.S. 10-Year Treasury yield ~1.65%</p><p>April 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>WALL STREET MUDDLES AROUND WITH FED MINUTES AHEAD (1010 EDT/1410 GMT)</p><p>Major U.S. stock indexes are flat to slightly higher in early Wednesday trading, pausing as investors are anticipating the release of later in the day of the Minutes from the last Federal Reserve meeting.</p><p>Tech , communication services are leading percentage gains among sectors, while materials are showing the biggest decline.</p><p>In any event, the pause comes as investor optimism has been high over the economic recovery, with last Friday's monthly U.S. jobs data among the latest bits of data to give investors more hope.</p><p>Here is the early U.S. market snapshot:</p><p>(Caroline Valetkevitch)</p><p>*****</p><p>COMMODITIES: FIRST REMOVE THE FROTH (0919 GMT/1319 GMT)</p><p>Maybe it's a bubble, or perhaps we should say frothy trade.</p><p>But whatever we call it, it seems that speculative buying drove some commodity prices recently, and this should come to an end sooner or later, impacting shares in miners.</p><p>\"We expect that some of this froth will fade over the summer, with inflation concerns and eventual rate hike pressures weighing on metal prices,\" according to Berenberg analysts.</p><p>But it does not seem to be over yet. \"The upbeat 'playlist' of stimulus measures and optimism have scope to enable commodity prices to surprise to the upside, at least in the near term.\"</p><p>But as new supply is coming, Berenberg analysts expect price corrections in the second half of 2021.</p><p>They are cautious on gold after net outflows of exchange-traded funds (ETFs) and believe it is likely to drift lower unless the pandemic's fallout keeps rates lower for longer.</p><p>Bottom line, Berenberg takes a neutral/negative stance on precious metal miners, favoring Polymetal .</p><p>Preferred names remain Central Asia Metals on strong free cash flow and dividend yields, such as Kenmare and Tharisa .</p><p>Anglo American is its favored diversified miner, while it remains hold-rated on Rio Tinto and BHP .</p><p>(Stefano Rebaudo)</p><p>*****</p><p>NASDAQ COMPOSITE: GENERALS GYRATE, TROOPS COIL (0900 EDT/1300 GMT)</p><p>Since topping on Feb. 16, the Nasdaq Composite has been on a roller-coaster ride.</p><p>Indeed, the tech-laden index slid as much as 12.5% in just 13 trading days, into its March 5 trough. Now, over the last 21 trading days, the Composite has rallied as much as 11.1%.</p><p>That said, the IXIC has yet to join the Dow Jones Industrial Average and the S&P 500 , in record high territory this April. The Composite ended Tuesday about 3% shy of its February closing high.</p><p>With this, the IXIC stalled right in the 76.4%/78.6% Fibonacci retracement zone of its February-March slide, in the 13,755.49/13,794.61 area. The Composite hit 13,776.71 and then backed off into the close:</p><p>Meanwhile, since the Composite's February top, a measure of internal strength, the Nasdaq daily Advance/Decline line</p><p>, has been coiling in a contracting range.</p><p>On the plus side, the A/D line made a higher low with the Composite's early-March trough. Now, however, despite the Nasdaq having exceeded its mid-March high, at 13,620.71, the A/D line is so far failing to confirm that move, by threatening to roll over shy of its commensurate level.</p><p>Ultimately, to add confidence in continued Nasdaq gains, traders will want to see the index close above the retracement zone, coupled with the A/D line breaking out above its mid-March high, and resistance line from its February high.</p><p>Conversely, if the Composite falls back below its mid-March high, and the 61.8% Fibonacci retracement of its February/March slide, at 13,495.90, along with an A/D line break of the support line from its late-January low, the potential for a more sustained decline may be back at the forefront.</p><p>(Terence Gabriel)</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>Wall Street muddles around with Fed minutes ahead</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\">\nWall Street muddles around with Fed minutes ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-07 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. stocks flat-higher early</p><p>* Tech leads S&P sector gains; materials biggest loser</p><p>* Euro STOXX 600 down ~0.2%</p><p>* Dollar dips; gold falls, crude down slightly</p><p>* U.S. 10-Year Treasury yield ~1.65%</p><p>April 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>WALL STREET MUDDLES AROUND WITH FED MINUTES AHEAD (1010 EDT/1410 GMT)</p><p>Major U.S. stock indexes are flat to slightly higher in early Wednesday trading, pausing as investors are anticipating the release of later in the day of the Minutes from the last Federal Reserve meeting.</p><p>Tech , communication services are leading percentage gains among sectors, while materials are showing the biggest decline.</p><p>In any event, the pause comes as investor optimism has been high over the economic recovery, with last Friday's monthly U.S. jobs data among the latest bits of data to give investors more hope.</p><p>Here is the early U.S. market snapshot:</p><p>(Caroline Valetkevitch)</p><p>*****</p><p>COMMODITIES: FIRST REMOVE THE FROTH (0919 GMT/1319 GMT)</p><p>Maybe it's a bubble, or perhaps we should say frothy trade.</p><p>But whatever we call it, it seems that speculative buying drove some commodity prices recently, and this should come to an end sooner or later, impacting shares in miners.</p><p>\"We expect that some of this froth will fade over the summer, with inflation concerns and eventual rate hike pressures weighing on metal prices,\" according to Berenberg analysts.</p><p>But it does not seem to be over yet. \"The upbeat 'playlist' of stimulus measures and optimism have scope to enable commodity prices to surprise to the upside, at least in the near term.\"</p><p>But as new supply is coming, Berenberg analysts expect price corrections in the second half of 2021.</p><p>They are cautious on gold after net outflows of exchange-traded funds (ETFs) and believe it is likely to drift lower unless the pandemic's fallout keeps rates lower for longer.</p><p>Bottom line, Berenberg takes a neutral/negative stance on precious metal miners, favoring Polymetal .</p><p>Preferred names remain Central Asia Metals on strong free cash flow and dividend yields, such as Kenmare and Tharisa .</p><p>Anglo American is its favored diversified miner, while it remains hold-rated on Rio Tinto and BHP .</p><p>(Stefano Rebaudo)</p><p>*****</p><p>NASDAQ COMPOSITE: GENERALS GYRATE, TROOPS COIL (0900 EDT/1300 GMT)</p><p>Since topping on Feb. 16, the Nasdaq Composite has been on a roller-coaster ride.</p><p>Indeed, the tech-laden index slid as much as 12.5% in just 13 trading days, into its March 5 trough. Now, over the last 21 trading days, the Composite has rallied as much as 11.1%.</p><p>That said, the IXIC has yet to join the Dow Jones Industrial Average and the S&P 500 , in record high territory this April. The Composite ended Tuesday about 3% shy of its February closing high.</p><p>With this, the IXIC stalled right in the 76.4%/78.6% Fibonacci retracement zone of its February-March slide, in the 13,755.49/13,794.61 area. The Composite hit 13,776.71 and then backed off into the close:</p><p>Meanwhile, since the Composite's February top, a measure of internal strength, the Nasdaq daily Advance/Decline line</p><p>, has been coiling in a contracting range.</p><p>On the plus side, the A/D line made a higher low with the Composite's early-March trough. Now, however, despite the Nasdaq having exceeded its mid-March high, at 13,620.71, the A/D line is so far failing to confirm that move, by threatening to roll over shy of its commensurate level.</p><p>Ultimately, to add confidence in continued Nasdaq gains, traders will want to see the index close above the retracement zone, coupled with the A/D line breaking out above its mid-March high, and resistance line from its February high.</p><p>Conversely, if the Composite falls back below its mid-March high, and the 61.8% Fibonacci retracement of its February/March slide, at 13,495.90, along with an A/D line break of the support line from its late-January low, the potential for a more sustained decline may be back at the forefront.</p><p>(Terence Gabriel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","UDOW":"道指三倍做多ETF-ProShares","DXD":"道指两倍做空ETF","DOG":"道指反向ETF","SDOW":"道指三倍做空ETF-ProShares","QID":"纳指两倍做空ETF","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","QQQ":"纳指100ETF",".DJI":"道琼斯","DDM":"道指两倍做多ETF","QLD":"纳指两倍做多ETF","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125728517","content_text":"* U.S. stocks flat-higher early* Tech leads S&P sector gains; materials biggest loser* Euro STOXX 600 down ~0.2%* Dollar dips; gold falls, crude down slightly* U.S. 10-Year Treasury yield ~1.65%April 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comWALL STREET MUDDLES AROUND WITH FED MINUTES AHEAD (1010 EDT/1410 GMT)Major U.S. stock indexes are flat to slightly higher in early Wednesday trading, pausing as investors are anticipating the release of later in the day of the Minutes from the last Federal Reserve meeting.Tech , communication services are leading percentage gains among sectors, while materials are showing the biggest decline.In any event, the pause comes as investor optimism has been high over the economic recovery, with last Friday's monthly U.S. jobs data among the latest bits of data to give investors more hope.Here is the early U.S. market snapshot:(Caroline Valetkevitch)*****COMMODITIES: FIRST REMOVE THE FROTH (0919 GMT/1319 GMT)Maybe it's a bubble, or perhaps we should say frothy trade.But whatever we call it, it seems that speculative buying drove some commodity prices recently, and this should come to an end sooner or later, impacting shares in miners.\"We expect that some of this froth will fade over the summer, with inflation concerns and eventual rate hike pressures weighing on metal prices,\" according to Berenberg analysts.But it does not seem to be over yet. \"The upbeat 'playlist' of stimulus measures and optimism have scope to enable commodity prices to surprise to the upside, at least in the near term.\"But as new supply is coming, Berenberg analysts expect price corrections in the second half of 2021.They are cautious on gold after net outflows of exchange-traded funds (ETFs) and believe it is likely to drift lower unless the pandemic's fallout keeps rates lower for longer.Bottom line, Berenberg takes a neutral/negative stance on precious metal miners, favoring Polymetal .Preferred names remain Central Asia Metals on strong free cash flow and dividend yields, such as Kenmare and Tharisa .Anglo American is its favored diversified miner, while it remains hold-rated on Rio Tinto and BHP .(Stefano Rebaudo)*****NASDAQ COMPOSITE: GENERALS GYRATE, TROOPS COIL (0900 EDT/1300 GMT)Since topping on Feb. 16, the Nasdaq Composite has been on a roller-coaster ride.Indeed, the tech-laden index slid as much as 12.5% in just 13 trading days, into its March 5 trough. Now, over the last 21 trading days, the Composite has rallied as much as 11.1%.That said, the IXIC has yet to join the Dow Jones Industrial Average and the S&P 500 , in record high territory this April. The Composite ended Tuesday about 3% shy of its February closing high.With this, the IXIC stalled right in the 76.4%/78.6% Fibonacci retracement zone of its February-March slide, in the 13,755.49/13,794.61 area. The Composite hit 13,776.71 and then backed off into the close:Meanwhile, since the Composite's February top, a measure of internal strength, the Nasdaq daily Advance/Decline line, has been coiling in a contracting range.On the plus side, the A/D line made a higher low with the Composite's early-March trough. Now, however, despite the Nasdaq having exceeded its mid-March high, at 13,620.71, the A/D line is so far failing to confirm that move, by threatening to roll over shy of its commensurate level.Ultimately, to add confidence in continued Nasdaq gains, traders will want to see the index close above the retracement zone, coupled with the A/D line breaking out above its mid-March high, and resistance line from its February high.Conversely, if the Composite falls back below its mid-March high, and the 61.8% Fibonacci retracement of its February/March slide, at 13,495.90, along with an A/D line break of the support line from its late-January low, the potential for a more sustained decline may be back at the forefront.(Terence Gabriel)","news_type":1},"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":349277048,"gmtCreate":1617620877384,"gmtModify":1634297524374,"author":{"id":"3570667103076911","authorId":"3570667103076911","name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349277048","repostId":"1194612605","repostType":4,"repost":{"id":"1194612605","pubTimestamp":1617612726,"share":"https://www.laohu8.com/m/news/1194612605?lang=&edition=full","pubTime":"2021-04-05 16:52","market":"us","language":"en","title":"A Century of Data Show Markets Far From Impervious to Tax Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1194612605","media":"Bloomberg","summary":"Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for benefici","content":"<ul>\n <li>Higher corporate, individual rates have dented returns: BTIG</li>\n <li>JPMorgan warns of declines for beneficiaries of 2017 cuts</li>\n</ul>\n<p>The prospect of tax hikes may not have derailed gains in U.S. stocks yet, but 100 years of data say the market is far from impervious to them.</p>\n<p>Stocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently in 1993. The average return on the U.S. benchmark index in the years of the combined hikes is 2.4%, and drops to -0.9% for the year following. That compares with a long-run annual average of 7.7%, Emanuel notes.</p>\n<p>“‘Common wisdom’ has it that equities are indifferent to tax hikes,” Emanuel wrote. “They aren’t.”</p>\n<p>U.S. President Joe Biden’s $2.25 trillion infrastructure-centered plan includes tax hikes that, among other things, would boost the corporate rate to 28% from 21%. It doesn’t include raising taxes on the wealthy, though such a proposal is likely in another related package. So far equities haven’t seemed to mind much, with the S&P 500 Index breaching 4,000 for the first time Thursday. Thin Democratic majorities in both the House and Senate means the proposal could struggle against Republican opposition.</p>\n<p><img src=\"https://static.tigerbbs.com/48bffde16640d0418b91508c3fe15e83\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>The broad stock-market impact from the infrastructure plan as it stands looks modest to the likes of Goldman Sachs Group Inc. Chief equity strategist David Kostin estimated in mid-March that the proposed corporate tax hikes could shave roughly 3% off S&P 500 earnings in 2022. JPMorgan Chase & Co. strategists Shawn Quigg and Marko Kolanovic wrote last week that they’re looking out for deterioration in stocks that benefited from the 2017 reductions, which cut the corporate tax rate from 35%.</p>\n<p>Moreover, Emanuel anticipates only a near-term hit to the index, while economic and earnings growth fueled by central bank and government stimulus could drive “an overshoot to as high as 5,047” by the end of this cycle.</p>","source":"lsy1584095487587","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>A Century of Data Show Markets Far From Impervious to Tax Hikes</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\">\nA Century of Data Show Markets Far From Impervious to Tax Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 16:52 GMT+8 <a href=http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194612605","content_text":"Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but 100 years of data say the market is far from impervious to them.\nStocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently in 1993. The average return on the U.S. benchmark index in the years of the combined hikes is 2.4%, and drops to -0.9% for the year following. That compares with a long-run annual average of 7.7%, Emanuel notes.\n“‘Common wisdom’ has it that equities are indifferent to tax hikes,” Emanuel wrote. “They aren’t.”\nU.S. President Joe Biden’s $2.25 trillion infrastructure-centered plan includes tax hikes that, among other things, would boost the corporate rate to 28% from 21%. It doesn’t include raising taxes on the wealthy, though such a proposal is likely in another related package. So far equities haven’t seemed to mind much, with the S&P 500 Index breaching 4,000 for the first time Thursday. Thin Democratic majorities in both the House and Senate means the proposal could struggle against Republican opposition.\n\nThe broad stock-market impact from the infrastructure plan as it stands looks modest to the likes of Goldman Sachs Group Inc. Chief equity strategist David Kostin estimated in mid-March that the proposed corporate tax hikes could shave roughly 3% off S&P 500 earnings in 2022. JPMorgan Chase & Co. strategists Shawn Quigg and Marko Kolanovic wrote last week that they’re looking out for deterioration in stocks that benefited from the 2017 reductions, which cut the corporate tax rate from 35%.\nMoreover, Emanuel anticipates only a near-term hit to the index, while economic and earnings growth fueled by central bank and government stimulus could drive “an overshoot to as high as 5,047” by the end of this cycle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":340444576,"gmtCreate":1617463549095,"gmtModify":1634520864890,"author":{"id":"3570667103076911","authorId":"3570667103076911","name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[保佑] [保佑] ","listText":"[保佑] [保佑] ","text":"[保佑] [保佑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340444576","repostId":"1153520775","repostType":4,"repost":{"id":"1153520775","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1617348406,"share":"https://www.laohu8.com/m/news/1153520775?lang=&edition=full","pubTime":"2021-04-02 15:26","market":"us","language":"en","title":"Alibaba's Stock Is Entering Make It Or Break It Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1153520775","media":"Benzinga","summary":"Alibaba Group Holding Ltd.(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing t","content":"<p><b>Alibaba Group Holding Ltd.</b>(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart.</p>\n<p>Alibaba closed down 1.05% at $224.36.</p>\n<p><img src=\"https://static.tigerbbs.com/4422b75469a63ae122dd3d79828e52ae\" tg-width=\"1322\" tg-height=\"728\"><b>Alibaba Daily Chart Analysis:</b>Alibaba looks to be forming what technical traders may call a “descending triangle” pattern.</p>\n<p>Connecting the highs of the chart together with a line shows that the highs are getting lower observable by the negative slope of the line.</p>\n<p>These highs are condensing the price between a flat bottom near $220. The stock has found support near the $220 level multiple times in the past and may again in the future.</p>\n<p>The stock is trading below the 200-day moving average (blue), possibly indicating sentiment in the stock is bearish. This indicator may hold as a resistance level sometime in the future.</p>\n<p><b>What’s Next:</b>Bullish technical traders would like to see the stock bounce near the $220 level. Following a bounce, bullish traders would like to see the stock cross above the line that connects the highs.</p>\n<p>If the stock were to be able to cross above the line that connects the highs, it may indicate the trend is changing from bearish to bullish.</p>\n<p>Bearish traders would like to continue to see the stock hover near the $220 area. If the stock is able to fall below this level and have a period of consolidation, it may see a stronger push downwards in the future.</p>\n<p>The stock pushing below the $220 support level may confirm the bearish descending triangle pattern. Although the term bearish is in the name of the pattern, it may not act accordingly.</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>Alibaba's Stock Is Entering Make It Or Break It Time</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\">\nAlibaba's Stock Is Entering Make It Or Break It Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-02 15:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Alibaba Group Holding Ltd.</b>(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart.</p>\n<p>Alibaba closed down 1.05% at $224.36.</p>\n<p><img src=\"https://static.tigerbbs.com/4422b75469a63ae122dd3d79828e52ae\" tg-width=\"1322\" tg-height=\"728\"><b>Alibaba Daily Chart Analysis:</b>Alibaba looks to be forming what technical traders may call a “descending triangle” pattern.</p>\n<p>Connecting the highs of the chart together with a line shows that the highs are getting lower observable by the negative slope of the line.</p>\n<p>These highs are condensing the price between a flat bottom near $220. The stock has found support near the $220 level multiple times in the past and may again in the future.</p>\n<p>The stock is trading below the 200-day moving average (blue), possibly indicating sentiment in the stock is bearish. This indicator may hold as a resistance level sometime in the future.</p>\n<p><b>What’s Next:</b>Bullish technical traders would like to see the stock bounce near the $220 level. Following a bounce, bullish traders would like to see the stock cross above the line that connects the highs.</p>\n<p>If the stock were to be able to cross above the line that connects the highs, it may indicate the trend is changing from bearish to bullish.</p>\n<p>Bearish traders would like to continue to see the stock hover near the $220 area. If the stock is able to fall below this level and have a period of consolidation, it may see a stronger push downwards in the future.</p>\n<p>The stock pushing below the $220 support level may confirm the bearish descending triangle pattern. Although the term bearish is in the name of the pattern, it may not act accordingly.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153520775","content_text":"Alibaba Group Holding Ltd.(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart.\nAlibaba closed down 1.05% at $224.36.\nAlibaba Daily Chart Analysis:Alibaba looks to be forming what technical traders may call a “descending triangle” pattern.\nConnecting the highs of the chart together with a line shows that the highs are getting lower observable by the negative slope of the line.\nThese highs are condensing the price between a flat bottom near $220. The stock has found support near the $220 level multiple times in the past and may again in the future.\nThe stock is trading below the 200-day moving average (blue), possibly indicating sentiment in the stock is bearish. This indicator may hold as a resistance level sometime in the future.\nWhat’s Next:Bullish technical traders would like to see the stock bounce near the $220 level. Following a bounce, bullish traders would like to see the stock cross above the line that connects the highs.\nIf the stock were to be able to cross above the line that connects the highs, it may indicate the trend is changing from bearish to bullish.\nBearish traders would like to continue to see the stock hover near the $220 area. If the stock is able to fall below this level and have a period of consolidation, it may see a stronger push downwards in the future.\nThe stock pushing below the $220 support level may confirm the bearish descending triangle pattern. Although the term bearish is in the name of the pattern, it may not act accordingly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":340444576,"gmtCreate":1617463549095,"gmtModify":1634520864890,"author":{"id":"3570667103076911","authorId":"3570667103076911","name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[保佑] [保佑] ","listText":"[保佑] [保佑] ","text":"[保佑] [保佑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340444576","repostId":"1153520775","repostType":4,"repost":{"id":"1153520775","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1617348406,"share":"https://www.laohu8.com/m/news/1153520775?lang=&edition=full","pubTime":"2021-04-02 15:26","market":"us","language":"en","title":"Alibaba's Stock Is Entering Make It Or Break It Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1153520775","media":"Benzinga","summary":"Alibaba Group Holding Ltd.(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing t","content":"<p><b>Alibaba Group Holding Ltd.</b>(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart.</p>\n<p>Alibaba closed down 1.05% at $224.36.</p>\n<p><img src=\"https://static.tigerbbs.com/4422b75469a63ae122dd3d79828e52ae\" tg-width=\"1322\" tg-height=\"728\"><b>Alibaba Daily Chart Analysis:</b>Alibaba looks to be forming what technical traders may call a “descending triangle” pattern.</p>\n<p>Connecting the highs of the chart together with a line shows that the highs are getting lower observable by the negative slope of the line.</p>\n<p>These highs are condensing the price between a flat bottom near $220. The stock has found support near the $220 level multiple times in the past and may again in the future.</p>\n<p>The stock is trading below the 200-day moving average (blue), possibly indicating sentiment in the stock is bearish. This indicator may hold as a resistance level sometime in the future.</p>\n<p><b>What’s Next:</b>Bullish technical traders would like to see the stock bounce near the $220 level. Following a bounce, bullish traders would like to see the stock cross above the line that connects the highs.</p>\n<p>If the stock were to be able to cross above the line that connects the highs, it may indicate the trend is changing from bearish to bullish.</p>\n<p>Bearish traders would like to continue to see the stock hover near the $220 area. If the stock is able to fall below this level and have a period of consolidation, it may see a stronger push downwards in the future.</p>\n<p>The stock pushing below the $220 support level may confirm the bearish descending triangle pattern. Although the term bearish is in the name of the pattern, it may not act accordingly.</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>Alibaba's Stock Is Entering Make It Or Break It Time</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\">\nAlibaba's Stock Is Entering Make It Or Break It Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-02 15:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Alibaba Group Holding Ltd.</b>(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart.</p>\n<p>Alibaba closed down 1.05% at $224.36.</p>\n<p><img src=\"https://static.tigerbbs.com/4422b75469a63ae122dd3d79828e52ae\" tg-width=\"1322\" tg-height=\"728\"><b>Alibaba Daily Chart Analysis:</b>Alibaba looks to be forming what technical traders may call a “descending triangle” pattern.</p>\n<p>Connecting the highs of the chart together with a line shows that the highs are getting lower observable by the negative slope of the line.</p>\n<p>These highs are condensing the price between a flat bottom near $220. The stock has found support near the $220 level multiple times in the past and may again in the future.</p>\n<p>The stock is trading below the 200-day moving average (blue), possibly indicating sentiment in the stock is bearish. This indicator may hold as a resistance level sometime in the future.</p>\n<p><b>What’s Next:</b>Bullish technical traders would like to see the stock bounce near the $220 level. Following a bounce, bullish traders would like to see the stock cross above the line that connects the highs.</p>\n<p>If the stock were to be able to cross above the line that connects the highs, it may indicate the trend is changing from bearish to bullish.</p>\n<p>Bearish traders would like to continue to see the stock hover near the $220 area. If the stock is able to fall below this level and have a period of consolidation, it may see a stronger push downwards in the future.</p>\n<p>The stock pushing below the $220 support level may confirm the bearish descending triangle pattern. Although the term bearish is in the name of the pattern, it may not act accordingly.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153520775","content_text":"Alibaba Group Holding Ltd.(NYSE:BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart.\nAlibaba closed down 1.05% at $224.36.\nAlibaba Daily Chart Analysis:Alibaba looks to be forming what technical traders may call a “descending triangle” pattern.\nConnecting the highs of the chart together with a line shows that the highs are getting lower observable by the negative slope of the line.\nThese highs are condensing the price between a flat bottom near $220. The stock has found support near the $220 level multiple times in the past and may again in the future.\nThe stock is trading below the 200-day moving average (blue), possibly indicating sentiment in the stock is bearish. This indicator may hold as a resistance level sometime in the future.\nWhat’s Next:Bullish technical traders would like to see the stock bounce near the $220 level. Following a bounce, bullish traders would like to see the stock cross above the line that connects the highs.\nIf the stock were to be able to cross above the line that connects the highs, it may indicate the trend is changing from bearish to bullish.\nBearish traders would like to continue to see the stock hover near the $220 area. If the stock is able to fall below this level and have a period of consolidation, it may see a stronger push downwards in the future.\nThe stock pushing below the $220 support level may confirm the bearish descending triangle pattern. Although the term bearish is in the name of the pattern, it may not act accordingly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":341251834,"gmtCreate":1617835751028,"gmtModify":1634296300887,"author":{"id":"3570667103076911","authorId":"3570667103076911","name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341251834","repostId":"2125728517","repostType":4,"repost":{"id":"2125728517","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617805832,"share":"https://www.laohu8.com/m/news/2125728517?lang=&edition=full","pubTime":"2021-04-07 22:30","market":"us","language":"en","title":"Wall Street muddles around with Fed minutes ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2125728517","media":"Reuters","summary":"* U.S. stocks flat-higher early* Tech leads S&P sector gains; materials biggest loser* Euro STOXX 60","content":"<p>* U.S. stocks flat-higher early</p><p>* Tech leads S&P sector gains; materials biggest loser</p><p>* Euro STOXX 600 down ~0.2%</p><p>* Dollar dips; gold falls, crude down slightly</p><p>* U.S. 10-Year Treasury yield ~1.65%</p><p>April 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>WALL STREET MUDDLES AROUND WITH FED MINUTES AHEAD (1010 EDT/1410 GMT)</p><p>Major U.S. stock indexes are flat to slightly higher in early Wednesday trading, pausing as investors are anticipating the release of later in the day of the Minutes from the last Federal Reserve meeting.</p><p>Tech , communication services are leading percentage gains among sectors, while materials are showing the biggest decline.</p><p>In any event, the pause comes as investor optimism has been high over the economic recovery, with last Friday's monthly U.S. jobs data among the latest bits of data to give investors more hope.</p><p>Here is the early U.S. market snapshot:</p><p>(Caroline Valetkevitch)</p><p>*****</p><p>COMMODITIES: FIRST REMOVE THE FROTH (0919 GMT/1319 GMT)</p><p>Maybe it's a bubble, or perhaps we should say frothy trade.</p><p>But whatever we call it, it seems that speculative buying drove some commodity prices recently, and this should come to an end sooner or later, impacting shares in miners.</p><p>\"We expect that some of this froth will fade over the summer, with inflation concerns and eventual rate hike pressures weighing on metal prices,\" according to Berenberg analysts.</p><p>But it does not seem to be over yet. \"The upbeat 'playlist' of stimulus measures and optimism have scope to enable commodity prices to surprise to the upside, at least in the near term.\"</p><p>But as new supply is coming, Berenberg analysts expect price corrections in the second half of 2021.</p><p>They are cautious on gold after net outflows of exchange-traded funds (ETFs) and believe it is likely to drift lower unless the pandemic's fallout keeps rates lower for longer.</p><p>Bottom line, Berenberg takes a neutral/negative stance on precious metal miners, favoring Polymetal .</p><p>Preferred names remain Central Asia Metals on strong free cash flow and dividend yields, such as Kenmare and Tharisa .</p><p>Anglo American is its favored diversified miner, while it remains hold-rated on Rio Tinto and BHP .</p><p>(Stefano Rebaudo)</p><p>*****</p><p>NASDAQ COMPOSITE: GENERALS GYRATE, TROOPS COIL (0900 EDT/1300 GMT)</p><p>Since topping on Feb. 16, the Nasdaq Composite has been on a roller-coaster ride.</p><p>Indeed, the tech-laden index slid as much as 12.5% in just 13 trading days, into its March 5 trough. Now, over the last 21 trading days, the Composite has rallied as much as 11.1%.</p><p>That said, the IXIC has yet to join the Dow Jones Industrial Average and the S&P 500 , in record high territory this April. The Composite ended Tuesday about 3% shy of its February closing high.</p><p>With this, the IXIC stalled right in the 76.4%/78.6% Fibonacci retracement zone of its February-March slide, in the 13,755.49/13,794.61 area. The Composite hit 13,776.71 and then backed off into the close:</p><p>Meanwhile, since the Composite's February top, a measure of internal strength, the Nasdaq daily Advance/Decline line</p><p>, has been coiling in a contracting range.</p><p>On the plus side, the A/D line made a higher low with the Composite's early-March trough. Now, however, despite the Nasdaq having exceeded its mid-March high, at 13,620.71, the A/D line is so far failing to confirm that move, by threatening to roll over shy of its commensurate level.</p><p>Ultimately, to add confidence in continued Nasdaq gains, traders will want to see the index close above the retracement zone, coupled with the A/D line breaking out above its mid-March high, and resistance line from its February high.</p><p>Conversely, if the Composite falls back below its mid-March high, and the 61.8% Fibonacci retracement of its February/March slide, at 13,495.90, along with an A/D line break of the support line from its late-January low, the potential for a more sustained decline may be back at the forefront.</p><p>(Terence Gabriel)</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>Wall Street muddles around with Fed minutes ahead</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\">\nWall Street muddles around with Fed minutes ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-07 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. stocks flat-higher early</p><p>* Tech leads S&P sector gains; materials biggest loser</p><p>* Euro STOXX 600 down ~0.2%</p><p>* Dollar dips; gold falls, crude down slightly</p><p>* U.S. 10-Year Treasury yield ~1.65%</p><p>April 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>WALL STREET MUDDLES AROUND WITH FED MINUTES AHEAD (1010 EDT/1410 GMT)</p><p>Major U.S. stock indexes are flat to slightly higher in early Wednesday trading, pausing as investors are anticipating the release of later in the day of the Minutes from the last Federal Reserve meeting.</p><p>Tech , communication services are leading percentage gains among sectors, while materials are showing the biggest decline.</p><p>In any event, the pause comes as investor optimism has been high over the economic recovery, with last Friday's monthly U.S. jobs data among the latest bits of data to give investors more hope.</p><p>Here is the early U.S. market snapshot:</p><p>(Caroline Valetkevitch)</p><p>*****</p><p>COMMODITIES: FIRST REMOVE THE FROTH (0919 GMT/1319 GMT)</p><p>Maybe it's a bubble, or perhaps we should say frothy trade.</p><p>But whatever we call it, it seems that speculative buying drove some commodity prices recently, and this should come to an end sooner or later, impacting shares in miners.</p><p>\"We expect that some of this froth will fade over the summer, with inflation concerns and eventual rate hike pressures weighing on metal prices,\" according to Berenberg analysts.</p><p>But it does not seem to be over yet. \"The upbeat 'playlist' of stimulus measures and optimism have scope to enable commodity prices to surprise to the upside, at least in the near term.\"</p><p>But as new supply is coming, Berenberg analysts expect price corrections in the second half of 2021.</p><p>They are cautious on gold after net outflows of exchange-traded funds (ETFs) and believe it is likely to drift lower unless the pandemic's fallout keeps rates lower for longer.</p><p>Bottom line, Berenberg takes a neutral/negative stance on precious metal miners, favoring Polymetal .</p><p>Preferred names remain Central Asia Metals on strong free cash flow and dividend yields, such as Kenmare and Tharisa .</p><p>Anglo American is its favored diversified miner, while it remains hold-rated on Rio Tinto and BHP .</p><p>(Stefano Rebaudo)</p><p>*****</p><p>NASDAQ COMPOSITE: GENERALS GYRATE, TROOPS COIL (0900 EDT/1300 GMT)</p><p>Since topping on Feb. 16, the Nasdaq Composite has been on a roller-coaster ride.</p><p>Indeed, the tech-laden index slid as much as 12.5% in just 13 trading days, into its March 5 trough. Now, over the last 21 trading days, the Composite has rallied as much as 11.1%.</p><p>That said, the IXIC has yet to join the Dow Jones Industrial Average and the S&P 500 , in record high territory this April. The Composite ended Tuesday about 3% shy of its February closing high.</p><p>With this, the IXIC stalled right in the 76.4%/78.6% Fibonacci retracement zone of its February-March slide, in the 13,755.49/13,794.61 area. The Composite hit 13,776.71 and then backed off into the close:</p><p>Meanwhile, since the Composite's February top, a measure of internal strength, the Nasdaq daily Advance/Decline line</p><p>, has been coiling in a contracting range.</p><p>On the plus side, the A/D line made a higher low with the Composite's early-March trough. Now, however, despite the Nasdaq having exceeded its mid-March high, at 13,620.71, the A/D line is so far failing to confirm that move, by threatening to roll over shy of its commensurate level.</p><p>Ultimately, to add confidence in continued Nasdaq gains, traders will want to see the index close above the retracement zone, coupled with the A/D line breaking out above its mid-March high, and resistance line from its February high.</p><p>Conversely, if the Composite falls back below its mid-March high, and the 61.8% Fibonacci retracement of its February/March slide, at 13,495.90, along with an A/D line break of the support line from its late-January low, the potential for a more sustained decline may be back at the forefront.</p><p>(Terence Gabriel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","UDOW":"道指三倍做多ETF-ProShares","DXD":"道指两倍做空ETF","DOG":"道指反向ETF","SDOW":"道指三倍做空ETF-ProShares","QID":"纳指两倍做空ETF","TQQQ":"纳指三倍做多ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","QQQ":"纳指100ETF",".DJI":"道琼斯","DDM":"道指两倍做多ETF","QLD":"纳指两倍做多ETF","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125728517","content_text":"* U.S. stocks flat-higher early* Tech leads S&P sector gains; materials biggest loser* Euro STOXX 600 down ~0.2%* Dollar dips; gold falls, crude down slightly* U.S. 10-Year Treasury yield ~1.65%April 7 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comWALL STREET MUDDLES AROUND WITH FED MINUTES AHEAD (1010 EDT/1410 GMT)Major U.S. stock indexes are flat to slightly higher in early Wednesday trading, pausing as investors are anticipating the release of later in the day of the Minutes from the last Federal Reserve meeting.Tech , communication services are leading percentage gains among sectors, while materials are showing the biggest decline.In any event, the pause comes as investor optimism has been high over the economic recovery, with last Friday's monthly U.S. jobs data among the latest bits of data to give investors more hope.Here is the early U.S. market snapshot:(Caroline Valetkevitch)*****COMMODITIES: FIRST REMOVE THE FROTH (0919 GMT/1319 GMT)Maybe it's a bubble, or perhaps we should say frothy trade.But whatever we call it, it seems that speculative buying drove some commodity prices recently, and this should come to an end sooner or later, impacting shares in miners.\"We expect that some of this froth will fade over the summer, with inflation concerns and eventual rate hike pressures weighing on metal prices,\" according to Berenberg analysts.But it does not seem to be over yet. \"The upbeat 'playlist' of stimulus measures and optimism have scope to enable commodity prices to surprise to the upside, at least in the near term.\"But as new supply is coming, Berenberg analysts expect price corrections in the second half of 2021.They are cautious on gold after net outflows of exchange-traded funds (ETFs) and believe it is likely to drift lower unless the pandemic's fallout keeps rates lower for longer.Bottom line, Berenberg takes a neutral/negative stance on precious metal miners, favoring Polymetal .Preferred names remain Central Asia Metals on strong free cash flow and dividend yields, such as Kenmare and Tharisa .Anglo American is its favored diversified miner, while it remains hold-rated on Rio Tinto and BHP .(Stefano Rebaudo)*****NASDAQ COMPOSITE: GENERALS GYRATE, TROOPS COIL (0900 EDT/1300 GMT)Since topping on Feb. 16, the Nasdaq Composite has been on a roller-coaster ride.Indeed, the tech-laden index slid as much as 12.5% in just 13 trading days, into its March 5 trough. Now, over the last 21 trading days, the Composite has rallied as much as 11.1%.That said, the IXIC has yet to join the Dow Jones Industrial Average and the S&P 500 , in record high territory this April. The Composite ended Tuesday about 3% shy of its February closing high.With this, the IXIC stalled right in the 76.4%/78.6% Fibonacci retracement zone of its February-March slide, in the 13,755.49/13,794.61 area. The Composite hit 13,776.71 and then backed off into the close:Meanwhile, since the Composite's February top, a measure of internal strength, the Nasdaq daily Advance/Decline line, has been coiling in a contracting range.On the plus side, the A/D line made a higher low with the Composite's early-March trough. Now, however, despite the Nasdaq having exceeded its mid-March high, at 13,620.71, the A/D line is so far failing to confirm that move, by threatening to roll over shy of its commensurate level.Ultimately, to add confidence in continued Nasdaq gains, traders will want to see the index close above the retracement zone, coupled with the A/D line breaking out above its mid-March high, and resistance line from its February high.Conversely, if the Composite falls back below its mid-March high, and the 61.8% Fibonacci retracement of its February/March slide, at 13,495.90, along with an A/D line break of the support line from its late-January low, the potential for a more sustained decline may be back at the forefront.(Terence Gabriel)","news_type":1},"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":349277048,"gmtCreate":1617620877384,"gmtModify":1634297524374,"author":{"id":"3570667103076911","authorId":"3570667103076911","name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349277048","repostId":"1194612605","repostType":4,"repost":{"id":"1194612605","pubTimestamp":1617612726,"share":"https://www.laohu8.com/m/news/1194612605?lang=&edition=full","pubTime":"2021-04-05 16:52","market":"us","language":"en","title":"A Century of Data Show Markets Far From Impervious to Tax Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1194612605","media":"Bloomberg","summary":"Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for benefici","content":"<ul>\n <li>Higher corporate, individual rates have dented returns: BTIG</li>\n <li>JPMorgan warns of declines for beneficiaries of 2017 cuts</li>\n</ul>\n<p>The prospect of tax hikes may not have derailed gains in U.S. stocks yet, but 100 years of data say the market is far from impervious to them.</p>\n<p>Stocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently in 1993. The average return on the U.S. benchmark index in the years of the combined hikes is 2.4%, and drops to -0.9% for the year following. That compares with a long-run annual average of 7.7%, Emanuel notes.</p>\n<p>“‘Common wisdom’ has it that equities are indifferent to tax hikes,” Emanuel wrote. “They aren’t.”</p>\n<p>U.S. President Joe Biden’s $2.25 trillion infrastructure-centered plan includes tax hikes that, among other things, would boost the corporate rate to 28% from 21%. It doesn’t include raising taxes on the wealthy, though such a proposal is likely in another related package. So far equities haven’t seemed to mind much, with the S&P 500 Index breaching 4,000 for the first time Thursday. Thin Democratic majorities in both the House and Senate means the proposal could struggle against Republican opposition.</p>\n<p><img src=\"https://static.tigerbbs.com/48bffde16640d0418b91508c3fe15e83\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>The broad stock-market impact from the infrastructure plan as it stands looks modest to the likes of Goldman Sachs Group Inc. Chief equity strategist David Kostin estimated in mid-March that the proposed corporate tax hikes could shave roughly 3% off S&P 500 earnings in 2022. JPMorgan Chase & Co. strategists Shawn Quigg and Marko Kolanovic wrote last week that they’re looking out for deterioration in stocks that benefited from the 2017 reductions, which cut the corporate tax rate from 35%.</p>\n<p>Moreover, Emanuel anticipates only a near-term hit to the index, while economic and earnings growth fueled by central bank and government stimulus could drive “an overshoot to as high as 5,047” by the end of this cycle.</p>","source":"lsy1584095487587","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>A Century of Data Show Markets Far From Impervious to Tax Hikes</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\">\nA Century of Data Show Markets Far From Impervious to Tax Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 16:52 GMT+8 <a href=http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194612605","content_text":"Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but 100 years of data say the market is far from impervious to them.\nStocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently in 1993. The average return on the U.S. benchmark index in the years of the combined hikes is 2.4%, and drops to -0.9% for the year following. That compares with a long-run annual average of 7.7%, Emanuel notes.\n“‘Common wisdom’ has it that equities are indifferent to tax hikes,” Emanuel wrote. “They aren’t.”\nU.S. President Joe Biden’s $2.25 trillion infrastructure-centered plan includes tax hikes that, among other things, would boost the corporate rate to 28% from 21%. It doesn’t include raising taxes on the wealthy, though such a proposal is likely in another related package. So far equities haven’t seemed to mind much, with the S&P 500 Index breaching 4,000 for the first time Thursday. Thin Democratic majorities in both the House and Senate means the proposal could struggle against Republican opposition.\n\nThe broad stock-market impact from the infrastructure plan as it stands looks modest to the likes of Goldman Sachs Group Inc. Chief equity strategist David Kostin estimated in mid-March that the proposed corporate tax hikes could shave roughly 3% off S&P 500 earnings in 2022. JPMorgan Chase & Co. strategists Shawn Quigg and Marko Kolanovic wrote last week that they’re looking out for deterioration in stocks that benefited from the 2017 reductions, which cut the corporate tax rate from 35%.\nMoreover, Emanuel anticipates only a near-term hit to the index, while economic and earnings growth fueled by central bank and government stimulus could drive “an overshoot to as high as 5,047” by the end of this cycle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
