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2021-06-26

Good bullish

This is event is good, tiger trader is helping investors. !

2021-06-26

Good

Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps

2021-06-26

Good!

抱歉，原内容已删除

2021-06-26

Tesla is back!

Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.

2021-03-26

GME bubble has popped and reinflated before though!

抱歉，原内容已删除

2021-02-01

Good potential

ANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges

2021-02-01

Huge potential!

Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery

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bullish","htmlText":"This is event is good, tiger trader is helping investors. !&nbsp;","listText":"This is event is good, tiger trader is helping investors. !&nbsp;","text":"This is event is good, tiger trader is helping investors. !","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125661047","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125660369,"gmtCreate":1624671859051,"gmtModify":1631892026529,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125660369","repostId":"1166582624","repostType":4,"repost":{"id":"1166582624","kind":"news","pubTimestamp":1624624877,"share":"https://www.laohu8.com/m/news/1166582624?lang=&edition=full","pubTime":"2021-06-25 20:41","market":"us","language":"en","title":"Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps","url":"https://stock-news.laohu8.com/highlight/detail?id=1166582624","media":"zerohedge","summary":"After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmi","content":"<p>After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmies' dry up and recovery begins (while spending was expected to rise marginally - but less than in April). The data was mixed (and not good) with incomes -2.0% (slightly better than the -2.5% expected, but still down) but spending was unchanged MoM (missing expectations of a 0.4% MoM rise after a big upward revision in April to +0.9% MoM)</p>\n<p><img src=\"https://static.tigerbbs.com/be96be2634e57bd84add9d5f2f4f7ddf\" tg-width=\"948\" tg-height=\"522\"><i>Source: Bloomberg</i></p>\n<p>On a YoY basis, income growth accelerated modestly while spending growth slowed notably (but remains dramatically higher)...</p>\n<p><img src=\"https://static.tigerbbs.com/4f5cd2984ab6b04d34838c3dcc409424\" tg-width=\"948\" tg-height=\"503\"></p>\n<p>Citi says&nbsp;<b>the revision in spending largely reflects rising prices in components</b>&nbsp;such as airfares, rental cars, and used cars, and adds that while these abnormally strong price increases should ultimately prove temporary, very strong price increases could continue for another month or two.</p>\n<p>The shift in spending vs income has pushed the savings rate lower...</p>\n<p><img src=\"https://static.tigerbbs.com/f8642397f10bd13b903658087cfacf32\" tg-width=\"953\" tg-height=\"569\"></p>\n<p>Which leads us to the most important aspect of today's data - The Fed's most-watched inflation indicator, the core PCE Deflator, which soared to +3.4% YoY (as expected).<b>This is the highest level of core inflation since 1991.</b></p>\n<p><img src=\"https://static.tigerbbs.com/d01edb57e25e8b9372e83d85a237a1d4\" tg-width=\"948\" tg-height=\"517\"><i>Source: Bloomberg</i></p>\n<p>Hot enough for you Mr.Powell? Or is that all transitory too?</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>Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps</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\">\nFed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/feds-favorite-inflation-indicator-surges-highest-1991-savings-rate-slumps><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmies' dry up and recovery begins (while spending was expected to rise marginally - but less than in ...</p>\n\n<a href=\"https://www.zerohedge.com/economics/feds-favorite-inflation-indicator-surges-highest-1991-savings-rate-slumps\">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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/economics/feds-favorite-inflation-indicator-surges-highest-1991-savings-rate-slumps","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166582624","content_text":"After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmies' dry up and recovery begins (while spending was expected to rise marginally - but less than in April). The data was mixed (and not good) with incomes -2.0% (slightly better than the -2.5% expected, but still down) but spending was unchanged MoM (missing expectations of a 0.4% MoM rise after a big upward revision in April to +0.9% MoM)\nSource: Bloomberg\nOn a YoY basis, income growth accelerated modestly while spending growth slowed notably (but remains dramatically higher)...\n\nCiti says the revision in spending largely reflects rising prices in components such as airfares, rental cars, and used cars, and adds that while these abnormally strong price increases should ultimately prove temporary, very strong price increases could continue for another month or two.\nThe shift in spending vs income has pushed the savings rate lower...\n\nWhich leads us to the most important aspect of today's data - The Fed's most-watched inflation indicator, the core PCE Deflator, which soared to +3.4% YoY (as expected).This is the highest level of core inflation since 1991.\nSource: Bloomberg\nHot enough for you Mr.Powell? Or is that all transitory too?","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125682860,"gmtCreate":1624671724250,"gmtModify":1631892026529,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Good!&nbsp;","listText":"Good!&nbsp;","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125682860","repostId":"2146036830","repostType":4,"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125681235,"gmtCreate":1624671647727,"gmtModify":1631892026533,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Tesla is back!&nbsp;","listText":"Tesla is back!&nbsp;","text":"Tesla is back!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125681235","repostId":"1100072036","repostType":4,"repost":{"id":"1100072036","kind":"news","pubTimestamp":1624669285,"share":"https://www.laohu8.com/m/news/1100072036?lang=&edition=full","pubTime":"2021-06-26 09:01","market":"us","language":"en","title":"Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.","url":"https://stock-news.laohu8.com/highlight/detail?id=1100072036","media":"Barrons","summary":"Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.There haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.Investors, rightly so, are wondering what’s going on. We found four reasons, outlined below.Many electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker NIO were up 17% for the month.X","content":"<p>Stock in electric-vehicle pioneer&nbsp;Tesla&nbsp;is&nbsp;on fire&nbsp;for seemingly no reason.</p>\n<p>There haven’t been any big,splashy&nbsp;upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.</p>\n<p>Investors, rightly so, are wondering what’s going on. We found four reasons, outlined below.</p>\n<p><b>Taking Cues From China</b></p>\n<p>Many electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker&nbsp;NIO(NIO) were up 17% for the month.XPeng(XPEV) and&nbsp;Li Auto(LI) had gained 31% and 36%, respectively.</p>\n<p>Tesla, on the other hand, was down for the month of June coming into this week. But China is the world’s largest market for EVs, so when things are going well there, it bodes well for Tesla. It looks like some of the Chinese EV maker stocks’ shine has finally rubbed off on Tesla.</p>\n<p><b>Delivery Optimism</b></p>\n<p>The second reason is about second-quarter deliveries, after&nbsp;perceived weakness&nbsp;in Chinese delivery numbers. More recently, however, several&nbsp;reports&nbsp;have been popping up about Tesla working hard to deliver vehicles into the end of this month.</p>\n<p>“After a disaster start to the quarter for Tesla in China, the Street is reading the tea leaves as bullish for the month of June with momentum into [the second half],” Wedbush analyst&nbsp;Dan Ivestells&nbsp;Barron’s. He believes 900,000 deliveries is still possible for 2021. Wall Street is modeling about 825,000. Tesla delivered about 500,000 cars in 2020.</p>\n<p><b>Green Tidal Wave</b></p>\n<p>Ives has also written about a “green tidal wave” coming from the White House. President Joe Biden wants part of any infrastructure bill to include purchase incentives for EVs as well as charging infrastructure. A bill isn’t ready, but&nbsp;progress&nbsp;was made in Washington this week.</p>\n<p><b>Musk Tweeting, Again</b></p>\n<p>No search for the reason behind moves in Tesla stock would be complete without looking at CEO Elon Musk ‘s&nbsp;Twitter (TWTR) feed. He tweeted Friday that the updated full self-driving, or FSD, software and subscription pricing could roll out in as soon as a week.</p>\n<p>Tesla plans to offer its highest level of&nbsp;driver assistance, called full self-driving or FSD, on a subscription basis. It’s a new era for car companies, which don’t typically get to realize recurring revenue like software providers. Bulls have been waiting quite some time for the FSD subscription to arrive.</p>\n<p><b>What’s Next</b></p>\n<p>Next up for Tesla investors, after any FSD release, will be second-quarter delivery numbers and then earnings. Those data points come in July.</p>\n<p>Year to date, Tesla stock is still down about 4.8%, trailing behind comparable gains of the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.</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\">\nTesla Stock Has Been on Fire This Week. Here Are 4 Reasons.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.\nThere haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100072036","content_text":"Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.\nThere haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.\nInvestors, rightly so, are wondering what’s going on. We found four reasons, outlined below.\nTaking Cues From China\nMany electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker NIO(NIO) were up 17% for the month.XPeng(XPEV) and Li Auto(LI) had gained 31% and 36%, respectively.\nTesla, on the other hand, was down for the month of June coming into this week. But China is the world’s largest market for EVs, so when things are going well there, it bodes well for Tesla. It looks like some of the Chinese EV maker stocks’ shine has finally rubbed off on Tesla.\nDelivery Optimism\nThe second reason is about second-quarter deliveries, after perceived weakness in Chinese delivery numbers. More recently, however, several reports have been popping up about Tesla working hard to deliver vehicles into the end of this month.\n“After a disaster start to the quarter for Tesla in China, the Street is reading the tea leaves as bullish for the month of June with momentum into [the second half],” Wedbush analyst Dan Ivestells Barron’s. He believes 900,000 deliveries is still possible for 2021. Wall Street is modeling about 825,000. Tesla delivered about 500,000 cars in 2020.\nGreen Tidal Wave\nIves has also written about a “green tidal wave” coming from the White House. President Joe Biden wants part of any infrastructure bill to include purchase incentives for EVs as well as charging infrastructure. A bill isn’t ready, but progress was made in Washington this week.\nMusk Tweeting, Again\nNo search for the reason behind moves in Tesla stock would be complete without looking at CEO Elon Musk ‘s Twitter (TWTR) feed. He tweeted Friday that the updated full self-driving, or FSD, software and subscription pricing could roll out in as soon as a week.\nTesla plans to offer its highest level of driver assistance, called full self-driving or FSD, on a subscription basis. It’s a new era for car companies, which don’t typically get to realize recurring revenue like software providers. Bulls have been waiting quite some time for the FSD subscription to arrive.\nWhat’s Next\nNext up for Tesla investors, after any FSD release, will be second-quarter delivery numbers and then earnings. Those data points come in July.\nYear to date, Tesla stock is still down about 4.8%, trailing behind comparable gains of the S&P 500 and Dow Jones Industrial Average.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356360746,"gmtCreate":1616756774285,"gmtModify":1631892026537,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"GME bubble&nbsp;has popped and reinflated before though!&nbsp;","listText":"GME bubble&nbsp;has popped and reinflated before though!&nbsp;","text":"GME bubble has popped and reinflated before though!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/356360746","repostId":"1141702651","repostType":4,"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315029284,"gmtCreate":1612190778148,"gmtModify":1703758568468,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Good potential","listText":"Good potential","text":"Good potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315029284","repostId":"2108271761","repostType":2,"repost":{"id":"2108271761","kind":"highlight","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":1612177200,"share":"https://www.laohu8.com/m/news/2108271761?lang=&edition=full","pubTime":"2021-02-01 19:00","market":"us","language":"en","title":"ANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges","url":"https://stock-news.laohu8.com/highlight/detail?id=2108271761","media":"Reuters","summary":"By Trevor Hunnicutt and David Lawder   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S","content":"<html><body><p>By Trevor Hunnicutt and David Lawder</p><p>   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving <a href=\"https://laohu8.com/S/AONE\">one</a> of her last private sector business relationships.</p><p>   But as hedge fund Citadel LLC emerges as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the key actors in the trading frenzy last week involving GameStop Corp - and questions arise over whether the activity exposes deeper risks for the financial system - Yellen could find herself pulled into the fray.</p><p>   Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop   . Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates. </p><p>   The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system.</p><p>   A sticking point for her to clear, though, may be $700,000 in speaking fees she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials.</p><p>   Ethics experts say that pledge is not a hard wall for her to scale should the need arise. After ethics violations dogged the Trump administration, some groups are urging Yellen to pre-emptively seek a waiver, and set a precedent.</p><p>   \"This example is a good test of Biden's ethics executive order and the transparency that follows, but it also highlights the revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs,\" said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.    </p><p>   The Treasury secretary normally does not get involved in matters involving individual stocks and concentrates instead on broad systemic risks to the financial system, which the department monitors through daily market surveillance.</p><p>   \"Secretary Yellen of course will abide by her ethics agreement and ethics pledge in all instances,\" Treasury spokesman Calvin Mitchell said. He did not indicate how she would approach the specific Citadel issue. </p><p>    SPEAKING FEES </p><p>   Like many former government officials, including </p><p>her Federal Reserve chair predecessor Ben Bernanke, Yellen took speaking fees from private companies after she left government.</p><p>   Yellen filed an ethics agreement $FILE/Yellen,%20Janet%20L.%20final%20EA.pdf</p><p>with the Office of Government Ethics in December saying she would \"seek written authorization to participate personally and substantially in any particular matter\" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm. </p><p>   Yellen spoke several times at Citadel, most recently on an Oct. 27 webinar, according to the filing. She was paid at least $700,000 in speaking fees by the Citadel while she was in private practice at the Brookings Institution think tank, another disclosure $FILE/Yellen,%20Janet%20L.%20AMENDEDfinal%20278.pdf</p><p>shows.</p><p>   These speaking engagements, which also include financial heavyweights such as Barclays, Citigroup, and Goldman Sachs,  are not likely to impact her ability to give Biden broad advice on the stock trading matter, government ethics experts say.</p><p>   \"If this becomes a situation where regulators are considering new rulemaking with Citadel as the poster-child, that's different,\" said Lisa Gilbert, executive vice president of Public Citizen, a group pushing for stronger financial regulation. </p><p>   SYSTEMIC RISK </p><p>   A major question is whether volatility from Gamestop and similar retail investor revolts against short-squeezes boil over into a systemic event that sends markets crashing broadly.</p><p>   Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter.</p><p>   On Friday, SEC commissioners including acting chair Allison Herren Lee said in a statement </p><p>they were closely monitoring the extreme volatility in certain stocks and warned market participants to \"uphold their obligations to protect investors and to identify and pursue potential wrongdoing.\"</p><p>   Extreme stock price volatility \"has the potential to expose investors to rapid and severe losses and undermine market confidence,\" they added.</p><p>   Biden's choice to run the SEC, Gary Gensler, awaits Senate hearings.</p><p>   The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability. It includes the heads of the Federal Reserve and other major U.S. financial regulatory agencies.</p><p>   It has the authority to designate non-bank financial institutions for consolidated supervision to minimize risk to the financial system or to break up firms that pose a \"grave threat.\" </p><p>   Distress in individual companies rarely rises to such a level. Treasury maintains daily market surveillance, but it is looking for orderly market functioning and broad systemic threats.</p><p>   Thus far, the situation looks contained, Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.</p><p>   \"The ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader contagion. While we believe there is more pain to come, we remain optimistic that it is likely to remain localized,\" Barclays said.</p><p>   YELLEN HAS FEW WALL STREET TIES</p><p>   Unlike many previous Treasury secretaries, Yellen has only worked as an academic and for the government, not at a bank or trading firm. </p><p>   Richard Painter, a former top ethics lawyer to President George W. Bush, said many Treasury secretaries had a great deal more entanglements that would raise conflict of interest concerns than Yellen.</p><p>   Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, sold half a billion dollars in stock from his former employer Goldman Sachs Group Inc    to satisfy ethics concerns. Paulson later forced Goldman and other major banks to take billions of dollars in taxpayer capital at the depth of the financial crisis.</p><p>   Steven Mnuchin, Yellen's immediate predecessor, pledged </p><p>after he was nominated to divest $94 million in investments, and refrain from any decisions involving CIT Group until August 2018, when he was due a payment of $5 million from the company. </p><p>   \"Yellen is going to be about as clean as you can get on this stuff,\" Painter said. </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ EXPLAINER-Why regulators may scrutinize GameStop's Reddit-driven retail stock surge      TIMELINE-GameStop's 1,600% surge in retail investor vs hedge fund battle      BREAKINGVIEWS-Short squeezers could end up strangling themselves</p><p>  The big short: GameStop effect puts global bets worth billions at risk      Hedge fund Melvin Capital has closed GameStop position -spokesman      GRAPHIC: GameStock surge timeline     GRAPHIC-GameStop 'long the shorts' trade goes mainstream    </p><p> Bernanke enjoys fruits of free market with first post-Fed speech</p><p>  Mnuchin pledges to divest assets worth millions     </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Trevor Hunnicutt and David Lawder; Additional reporting by Nandita Bose; Editing by Heather Timmons, Dan Burns, Edward Tobin and Diane Craft)</p><p>((trevor.hunnicutt@tr.com; +1 646 223 7914; twitter.com/trhunnicutt; Reuters Messaging: trevor.hunnicutt.thomsonreuters.com@reuters.net))</p></body></html>","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>ANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges</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\">\nANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges\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\">2021-02-01 19:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Trevor Hunnicutt and David Lawder</p><p>   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving <a href=\"https://laohu8.com/S/AONE\">one</a> of her last private sector business relationships.</p><p>   But as hedge fund Citadel LLC emerges as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the key actors in the trading frenzy last week involving GameStop Corp - and questions arise over whether the activity exposes deeper risks for the financial system - Yellen could find herself pulled into the fray.</p><p>   Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop   . Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates. </p><p>   The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system.</p><p>   A sticking point for her to clear, though, may be $700,000 in speaking fees she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials.</p><p>   Ethics experts say that pledge is not a hard wall for her to scale should the need arise. After ethics violations dogged the Trump administration, some groups are urging Yellen to pre-emptively seek a waiver, and set a precedent.</p><p>   \"This example is a good test of Biden's ethics executive order and the transparency that follows, but it also highlights the revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs,\" said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.    </p><p>   The Treasury secretary normally does not get involved in matters involving individual stocks and concentrates instead on broad systemic risks to the financial system, which the department monitors through daily market surveillance.</p><p>   \"Secretary Yellen of course will abide by her ethics agreement and ethics pledge in all instances,\" Treasury spokesman Calvin Mitchell said. He did not indicate how she would approach the specific Citadel issue. </p><p>    SPEAKING FEES </p><p>   Like many former government officials, including </p><p>her Federal Reserve chair predecessor Ben Bernanke, Yellen took speaking fees from private companies after she left government.</p><p>   Yellen filed an ethics agreement $FILE/Yellen,%20Janet%20L.%20final%20EA.pdf</p><p>with the Office of Government Ethics in December saying she would \"seek written authorization to participate personally and substantially in any particular matter\" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm. </p><p>   Yellen spoke several times at Citadel, most recently on an Oct. 27 webinar, according to the filing. She was paid at least $700,000 in speaking fees by the Citadel while she was in private practice at the Brookings Institution think tank, another disclosure $FILE/Yellen,%20Janet%20L.%20AMENDEDfinal%20278.pdf</p><p>shows.</p><p>   These speaking engagements, which also include financial heavyweights such as Barclays, Citigroup, and Goldman Sachs,  are not likely to impact her ability to give Biden broad advice on the stock trading matter, government ethics experts say.</p><p>   \"If this becomes a situation where regulators are considering new rulemaking with Citadel as the poster-child, that's different,\" said Lisa Gilbert, executive vice president of Public Citizen, a group pushing for stronger financial regulation. </p><p>   SYSTEMIC RISK </p><p>   A major question is whether volatility from Gamestop and similar retail investor revolts against short-squeezes boil over into a systemic event that sends markets crashing broadly.</p><p>   Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter.</p><p>   On Friday, SEC commissioners including acting chair Allison Herren Lee said in a statement </p><p>they were closely monitoring the extreme volatility in certain stocks and warned market participants to \"uphold their obligations to protect investors and to identify and pursue potential wrongdoing.\"</p><p>   Extreme stock price volatility \"has the potential to expose investors to rapid and severe losses and undermine market confidence,\" they added.</p><p>   Biden's choice to run the SEC, Gary Gensler, awaits Senate hearings.</p><p>   The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability. It includes the heads of the Federal Reserve and other major U.S. financial regulatory agencies.</p><p>   It has the authority to designate non-bank financial institutions for consolidated supervision to minimize risk to the financial system or to break up firms that pose a \"grave threat.\" </p><p>   Distress in individual companies rarely rises to such a level. Treasury maintains daily market surveillance, but it is looking for orderly market functioning and broad systemic threats.</p><p>   Thus far, the situation looks contained, Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.</p><p>   \"The ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader contagion. While we believe there is more pain to come, we remain optimistic that it is likely to remain localized,\" Barclays said.</p><p>   YELLEN HAS FEW WALL STREET TIES</p><p>   Unlike many previous Treasury secretaries, Yellen has only worked as an academic and for the government, not at a bank or trading firm. </p><p>   Richard Painter, a former top ethics lawyer to President George W. Bush, said many Treasury secretaries had a great deal more entanglements that would raise conflict of interest concerns than Yellen.</p><p>   Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, sold half a billion dollars in stock from his former employer Goldman Sachs Group Inc    to satisfy ethics concerns. Paulson later forced Goldman and other major banks to take billions of dollars in taxpayer capital at the depth of the financial crisis.</p><p>   Steven Mnuchin, Yellen's immediate predecessor, pledged </p><p>after he was nominated to divest $94 million in investments, and refrain from any decisions involving CIT Group until August 2018, when he was due a payment of $5 million from the company. </p><p>   \"Yellen is going to be about as clean as you can get on this stuff,\" Painter said. </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ EXPLAINER-Why regulators may scrutinize GameStop's Reddit-driven retail stock surge      TIMELINE-GameStop's 1,600% surge in retail investor vs hedge fund battle      BREAKINGVIEWS-Short squeezers could end up strangling themselves</p><p>  The big short: GameStop effect puts global bets worth billions at risk      Hedge fund Melvin Capital has closed GameStop position -spokesman      GRAPHIC: GameStock surge timeline     GRAPHIC-GameStop 'long the shorts' trade goes mainstream    </p><p> Bernanke enjoys fruits of free market with first post-Fed speech</p><p>  Mnuchin pledges to divest assets worth millions     </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Trevor Hunnicutt and David Lawder; Additional reporting by Nandita Bose; Editing by Heather Timmons, Dan Burns, Edward Tobin and Diane Craft)</p><p>((trevor.hunnicutt@tr.com; +1 646 223 7914; twitter.com/trhunnicutt; Reuters Messaging: trevor.hunnicutt.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线","GS":"高盛","CIT":"CIT Group Inc","ARES":"Ares Management L.P.","WIW":"Western Asset/Claymore Inf-Lkd O","C":"花旗"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108271761","content_text":"By Trevor Hunnicutt and David Lawder   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving one of her last private sector business relationships.   But as hedge fund Citadel LLC emerges as one of the key actors in the trading frenzy last week involving GameStop Corp - and questions arise over whether the activity exposes deeper risks for the financial system - Yellen could find herself pulled into the fray.   Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop   . Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates.    The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system.   A sticking point for her to clear, though, may be $700,000 in speaking fees she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials.   Ethics experts say that pledge is not a hard wall for her to scale should the need arise. After ethics violations dogged the Trump administration, some groups are urging Yellen to pre-emptively seek a waiver, and set a precedent.   \"This example is a good test of Biden's ethics executive order and the transparency that follows, but it also highlights the revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs,\" said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.       The Treasury secretary normally does not get involved in matters involving individual stocks and concentrates instead on broad systemic risks to the financial system, which the department monitors through daily market surveillance.   \"Secretary Yellen of course will abide by her ethics agreement and ethics pledge in all instances,\" Treasury spokesman Calvin Mitchell said. He did not indicate how she would approach the specific Citadel issue.     SPEAKING FEES    Like many former government officials, including her Federal Reserve chair predecessor Ben Bernanke, Yellen took speaking fees from private companies after she left government.   Yellen filed an ethics agreement $FILE/Yellen,%20Janet%20L.%20final%20EA.pdfwith the Office of Government Ethics in December saying she would \"seek written authorization to participate personally and substantially in any particular matter\" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm.    Yellen spoke several times at Citadel, most recently on an Oct. 27 webinar, according to the filing. She was paid at least $700,000 in speaking fees by the Citadel while she was in private practice at the Brookings Institution think tank, another disclosure $FILE/Yellen,%20Janet%20L.%20AMENDEDfinal%20278.pdfshows.   These speaking engagements, which also include financial heavyweights such as Barclays, Citigroup, and Goldman Sachs,  are not likely to impact her ability to give Biden broad advice on the stock trading matter, government ethics experts say.   \"If this becomes a situation where regulators are considering new rulemaking with Citadel as the poster-child, that's different,\" said Lisa Gilbert, executive vice president of Public Citizen, a group pushing for stronger financial regulation.    SYSTEMIC RISK    A major question is whether volatility from Gamestop and similar retail investor revolts against short-squeezes boil over into a systemic event that sends markets crashing broadly.   Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter.   On Friday, SEC commissioners including acting chair Allison Herren Lee said in a statement they were closely monitoring the extreme volatility in certain stocks and warned market participants to \"uphold their obligations to protect investors and to identify and pursue potential wrongdoing.\"   Extreme stock price volatility \"has the potential to expose investors to rapid and severe losses and undermine market confidence,\" they added.   Biden's choice to run the SEC, Gary Gensler, awaits Senate hearings.   The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability. It includes the heads of the Federal Reserve and other major U.S. financial regulatory agencies.   It has the authority to designate non-bank financial institutions for consolidated supervision to minimize risk to the financial system or to break up firms that pose a \"grave threat.\"    Distress in individual companies rarely rises to such a level. Treasury maintains daily market surveillance, but it is looking for orderly market functioning and broad systemic threats.   Thus far, the situation looks contained, Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.   \"The ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader contagion. While we believe there is more pain to come, we remain optimistic that it is likely to remain localized,\" Barclays said.   YELLEN HAS FEW WALL STREET TIES   Unlike many previous Treasury secretaries, Yellen has only worked as an academic and for the government, not at a bank or trading firm.    Richard Painter, a former top ethics lawyer to President George W. Bush, said many Treasury secretaries had a great deal more entanglements that would raise conflict of interest concerns than Yellen.   Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, sold half a billion dollars in stock from his former employer Goldman Sachs Group Inc    to satisfy ethics concerns. Paulson later forced Goldman and other major banks to take billions of dollars in taxpayer capital at the depth of the financial crisis.   Steven Mnuchin, Yellen's immediate predecessor, pledged after he was nominated to divest $94 million in investments, and refrain from any decisions involving CIT Group until August 2018, when he was due a payment of $5 million from the company.    \"Yellen is going to be about as clean as you can get on this stuff,\" Painter said.     <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ EXPLAINER-Why regulators may scrutinize GameStop's Reddit-driven retail stock surge      TIMELINE-GameStop's 1,600% surge in retail investor vs hedge fund battle      BREAKINGVIEWS-Short squeezers could end up strangling themselves  The big short: GameStop effect puts global bets worth billions at risk      Hedge fund Melvin Capital has closed GameStop position -spokesman      GRAPHIC: GameStock surge timeline     GRAPHIC-GameStop 'long the shorts' trade goes mainstream     Bernanke enjoys fruits of free market with first post-Fed speech  Mnuchin pledges to divest assets worth millions        ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Reporting by Trevor Hunnicutt and David Lawder; Additional reporting by Nandita Bose; Editing by Heather Timmons, Dan Burns, Edward Tobin and Diane Craft)((trevor.hunnicutt@tr.com; +1 646 223 7914; twitter.com/trhunnicutt; Reuters Messaging: trevor.hunnicutt.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315067905,"gmtCreate":1612190641007,"gmtModify":1703758564643,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Huge potential!&nbsp;","listText":"Huge potential!&nbsp;","text":"Huge potential!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315067905","repostId":"2108270412","repostType":2,"repost":{"id":"2108270412","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1612188060,"share":"https://www.laohu8.com/m/news/2108270412?lang=&edition=full","pubTime":"2021-02-01 22:01","market":"us","language":"en","title":"Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2108270412","media":"Dow Jones","summary":"MW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces year","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\n</p>\n<p>\n  Ciara Linnane \n</p>\n<p>\n  AMC stock is up another 23% in premarket trade Monday \n</p>\n<p>\n  The trading frenzy that has propelled the shares of AMC Entertainment Corp. up more than 500% in the year to date may have saved the cinema operator from bankruptcy but the company is still facing formidable challenges after being hammered by the coronavirus pandemic. \n</p>\n<p>\n  AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> is <a href=\"https://laohu8.com/S/AONE\">one</a> of the many stocks that have been swept up in the short squeeze in shares of videogame retailer GameStop,  which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. \n</p>\n<p>\n  Those same investors were urging <a href=\"https://laohu8.com/S/AONE.U\">one</a> another in a Reddit thread  , to create a short squeeze that will \"take it to the moon,\" telling others to \"buy and hold and not sell.\" \n</p>\n<p>\n  Like the other names caught up in this speculative frenzy, AMC has had a high level of short interest as a percentage of the float, which stood at about 69%  according to latest data, although a share sale on Monday will take that percentage down. \n</p>\n<p>\n  Don't miss:It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher   \n</p>\n<p>\n  The stock of the world's biggest cinema chain was the most actively traded last Wednesday, even though there was no fresh news driving the move. \n</p>\n<p>\n  AMC has just seen out a year during which many of its theaters were in lockdown or operating at limited capacity and major studios refrained from releasing new blockbusters. The outlook for 2021 is not much better, according to Eric Schiffer, chief executive and chairman of Patriarch Organization and Reputation Management Consultants, and a restructuring expert. \n</p>\n<p>\n  See also:GameStop, AMC trading is now being restricted at TD Ameritrade, Schwab   \n</p>\n<p>\n  \"Most people would not want to put themselves in an indoor space for hours when there are variants (of the coronavirus-illness COVID-19) that vaccines may not even inoculate against,\" said Schiffer. \"The viability of the business prior to the market's inflation of the stock hasn't altered the calculus. If they do survive, it won't be the same business. It will take years for them to recover back to where they were.\" \n</p>\n<p>\n  AMC took advantage of the steep rise in its share price by opportunistically tapping equity and debt markets, raising another $917 million last week that Chief Executive Adam Aron described as the sun shining on AMC. \n</p>\n<p>\n  \"I have 917 million reasons to be a smiling man,\" Aron told MKM analyst Mike Hickey. \"It gets us deep into 2021. With any kind of partial recovery of the movie theater industry, this will get us all the way through 2021. Imminent bankruptcy is completely off the table. We believe we have the runway we need to get through this pandemic.\" \n</p>\n<p>\n   Mike O'Rourke, chief market strategist at JonesTrading, noted that AMC's market capitalization of $5.6 billion is nearly double what it was prior to the pandemic. At the same time, its share count has climbed to 337 million from 58 million in October. \n</p>\n<p>\n  \"Management deserves credit for opportunistically taking advantage of the environment to gather the resources to stave off bankruptcy,\" he wrote. \n</p>\n<p>\n  AMC did not respond to email and phone requests for comment. The Securities and Exchange Commission declined comment. GameStop hasn't responded to a request for comment. \n</p>\n<p>\n  Schiffer said the company still needs to pay its bills and manage its network of 1,000 theaters and 11,000 screens worldwide.  as revenue dwindled to $119.5 million from $1.317 billion in the year-earlier period. Its loss per share was about double what Wall Street was expecting, as reopening efforts were choppy at best. \n</p>\n<p>\n  So, is this Reddit investor group backing the wrong horse? \n</p>\n<p>\n  \"This is certainly not rational, these are the markets of stone cold crazy times, powered by the Fed,\" said Schiffer. \"Investors are chasing returns because rates are so low...you're going to see periods that appear wacky...and AMC is grossly overvalued because of a marauding of shorts that's powered by the internet and these aggressive traders acting in packs.... This is the power of the internet,\" he said. \n</p>\n<p>\n  The frantic trading in AMC may have had an unintended effect on the stock of a similar-sounding company, AMC Networks <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a>, the cable network behind hits including \"Mad Men\" and \"The Walking Dead.\" That stock, which trades under the ticker \"AMCX,\" was volatile last week with no news behind it. \n</p>\n<p>\n  AMC Networks also has a high percentage of short interest as a percentage of the float, at about 60%,  according to FactSet. \n</p>\n<p>\n  AMC Networks has had no fresh news of late apart from its intention to issue $1 billion of bonds  to replace more expensive debt with cheaper debt. \n</p>\n<p>\n  Don't miss:Stop laughing about GameStop's stock mania -- no, really  \n</p>\n<p>\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  February 01, 2021 09:01 ET (14:01 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery</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; 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}\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\">\nTrading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-01 22:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\n</p>\n<p>\n  Ciara Linnane \n</p>\n<p>\n  AMC stock is up another 23% in premarket trade Monday \n</p>\n<p>\n  The trading frenzy that has propelled the shares of AMC Entertainment Corp. up more than 500% in the year to date may have saved the cinema operator from bankruptcy but the company is still facing formidable challenges after being hammered by the coronavirus pandemic. \n</p>\n<p>\n  AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> is <a href=\"https://laohu8.com/S/AONE\">one</a> of the many stocks that have been swept up in the short squeeze in shares of videogame retailer GameStop,  which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. \n</p>\n<p>\n  Those same investors were urging <a href=\"https://laohu8.com/S/AONE.U\">one</a> another in a Reddit thread  , to create a short squeeze that will \"take it to the moon,\" telling others to \"buy and hold and not sell.\" \n</p>\n<p>\n  Like the other names caught up in this speculative frenzy, AMC has had a high level of short interest as a percentage of the float, which stood at about 69%  according to latest data, although a share sale on Monday will take that percentage down. \n</p>\n<p>\n  Don't miss:It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher   \n</p>\n<p>\n  The stock of the world's biggest cinema chain was the most actively traded last Wednesday, even though there was no fresh news driving the move. \n</p>\n<p>\n  AMC has just seen out a year during which many of its theaters were in lockdown or operating at limited capacity and major studios refrained from releasing new blockbusters. The outlook for 2021 is not much better, according to Eric Schiffer, chief executive and chairman of Patriarch Organization and Reputation Management Consultants, and a restructuring expert. \n</p>\n<p>\n  See also:GameStop, AMC trading is now being restricted at TD Ameritrade, Schwab   \n</p>\n<p>\n  \"Most people would not want to put themselves in an indoor space for hours when there are variants (of the coronavirus-illness COVID-19) that vaccines may not even inoculate against,\" said Schiffer. \"The viability of the business prior to the market's inflation of the stock hasn't altered the calculus. If they do survive, it won't be the same business. It will take years for them to recover back to where they were.\" \n</p>\n<p>\n  AMC took advantage of the steep rise in its share price by opportunistically tapping equity and debt markets, raising another $917 million last week that Chief Executive Adam Aron described as the sun shining on AMC. \n</p>\n<p>\n  \"I have 917 million reasons to be a smiling man,\" Aron told MKM analyst Mike Hickey. \"It gets us deep into 2021. With any kind of partial recovery of the movie theater industry, this will get us all the way through 2021. Imminent bankruptcy is completely off the table. We believe we have the runway we need to get through this pandemic.\" \n</p>\n<p>\n   Mike O'Rourke, chief market strategist at JonesTrading, noted that AMC's market capitalization of $5.6 billion is nearly double what it was prior to the pandemic. At the same time, its share count has climbed to 337 million from 58 million in October. \n</p>\n<p>\n  \"Management deserves credit for opportunistically taking advantage of the environment to gather the resources to stave off bankruptcy,\" he wrote. \n</p>\n<p>\n  AMC did not respond to email and phone requests for comment. The Securities and Exchange Commission declined comment. GameStop hasn't responded to a request for comment. \n</p>\n<p>\n  Schiffer said the company still needs to pay its bills and manage its network of 1,000 theaters and 11,000 screens worldwide.  as revenue dwindled to $119.5 million from $1.317 billion in the year-earlier period. Its loss per share was about double what Wall Street was expecting, as reopening efforts were choppy at best. \n</p>\n<p>\n  So, is this Reddit investor group backing the wrong horse? \n</p>\n<p>\n  \"This is certainly not rational, these are the markets of stone cold crazy times, powered by the Fed,\" said Schiffer. \"Investors are chasing returns because rates are so low...you're going to see periods that appear wacky...and AMC is grossly overvalued because of a marauding of shorts that's powered by the internet and these aggressive traders acting in packs.... This is the power of the internet,\" he said. \n</p>\n<p>\n  The frantic trading in AMC may have had an unintended effect on the stock of a similar-sounding company, AMC Networks <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a>, the cable network behind hits including \"Mad Men\" and \"The Walking Dead.\" That stock, which trades under the ticker \"AMCX,\" was volatile last week with no news behind it. \n</p>\n<p>\n  AMC Networks also has a high percentage of short interest as a percentage of the float, at about 60%,  according to FactSet. \n</p>\n<p>\n  AMC Networks has had no fresh news of late apart from its intention to issue $1 billion of bonds  to replace more expensive debt with cheaper debt. \n</p>\n<p>\n  Don't miss:Stop laughing about GameStop's stock mania -- no, really  \n</p>\n<p>\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  February 01, 2021 09:01 ET (14:01 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108270412","content_text":"MW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\n\n\n  Ciara Linnane \n\n\n  AMC stock is up another 23% in premarket trade Monday \n\n\n  The trading frenzy that has propelled the shares of AMC Entertainment Corp. up more than 500% in the year to date may have saved the cinema operator from bankruptcy but the company is still facing formidable challenges after being hammered by the coronavirus pandemic. \n\n\n  AMC $(AMC)$ is one of the many stocks that have been swept up in the short squeeze in shares of videogame retailer GameStop,  which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. \n\n\n  Those same investors were urging one another in a Reddit thread  , to create a short squeeze that will \"take it to the moon,\" telling others to \"buy and hold and not sell.\" \n\n\n  Like the other names caught up in this speculative frenzy, AMC has had a high level of short interest as a percentage of the float, which stood at about 69%  according to latest data, although a share sale on Monday will take that percentage down. \n\n\n  Don't miss:It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher   \n\n\n  The stock of the world's biggest cinema chain was the most actively traded last Wednesday, even though there was no fresh news driving the move. \n\n\n  AMC has just seen out a year during which many of its theaters were in lockdown or operating at limited capacity and major studios refrained from releasing new blockbusters. The outlook for 2021 is not much better, according to Eric Schiffer, chief executive and chairman of Patriarch Organization and Reputation Management Consultants, and a restructuring expert. \n\n\n  See also:GameStop, AMC trading is now being restricted at TD Ameritrade, Schwab   \n\n\n  \"Most people would not want to put themselves in an indoor space for hours when there are variants (of the coronavirus-illness COVID-19) that vaccines may not even inoculate against,\" said Schiffer. \"The viability of the business prior to the market's inflation of the stock hasn't altered the calculus. If they do survive, it won't be the same business. It will take years for them to recover back to where they were.\" \n\n\n  AMC took advantage of the steep rise in its share price by opportunistically tapping equity and debt markets, raising another $917 million last week that Chief Executive Adam Aron described as the sun shining on AMC. \n\n\n  \"I have 917 million reasons to be a smiling man,\" Aron told MKM analyst Mike Hickey. \"It gets us deep into 2021. With any kind of partial recovery of the movie theater industry, this will get us all the way through 2021. Imminent bankruptcy is completely off the table. We believe we have the runway we need to get through this pandemic.\" \n\n\n   Mike O'Rourke, chief market strategist at JonesTrading, noted that AMC's market capitalization of $5.6 billion is nearly double what it was prior to the pandemic. At the same time, its share count has climbed to 337 million from 58 million in October. \n\n\n  \"Management deserves credit for opportunistically taking advantage of the environment to gather the resources to stave off bankruptcy,\" he wrote. \n\n\n  AMC did not respond to email and phone requests for comment. The Securities and Exchange Commission declined comment. GameStop hasn't responded to a request for comment. \n\n\n  Schiffer said the company still needs to pay its bills and manage its network of 1,000 theaters and 11,000 screens worldwide.  as revenue dwindled to $119.5 million from $1.317 billion in the year-earlier period. Its loss per share was about double what Wall Street was expecting, as reopening efforts were choppy at best. \n\n\n  So, is this Reddit investor group backing the wrong horse? \n\n\n  \"This is certainly not rational, these are the markets of stone cold crazy times, powered by the Fed,\" said Schiffer. \"Investors are chasing returns because rates are so low...you're going to see periods that appear wacky...and AMC is grossly overvalued because of a marauding of shorts that's powered by the internet and these aggressive traders acting in packs.... This is the power of the internet,\" he said. \n\n\n  The frantic trading in AMC may have had an unintended effect on the stock of a similar-sounding company, AMC Networks $(AMCX)$, the cable network behind hits including \"Mad Men\" and \"The Walking Dead.\" That stock, which trades under the ticker \"AMCX,\" was volatile last week with no news behind it. \n\n\n  AMC Networks also has a high percentage of short interest as a percentage of the float, at about 60%,  according to FactSet. \n\n\n  AMC Networks has had no fresh news of late apart from its intention to issue $1 billion of bonds  to replace more expensive debt with cheaper debt. \n\n\n  Don't miss:Stop laughing about GameStop's stock mania -- no, really  \n\n\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  February 01, 2021 09:01 ET (14:01 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":125681235,"gmtCreate":1624671647727,"gmtModify":1631892026533,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Tesla is back!&nbsp;","listText":"Tesla is back!&nbsp;","text":"Tesla is back!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/125681235","repostId":"1100072036","repostType":4,"repost":{"id":"1100072036","kind":"news","pubTimestamp":1624669285,"share":"https://www.laohu8.com/m/news/1100072036?lang=&edition=full","pubTime":"2021-06-26 09:01","market":"us","language":"en","title":"Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.","url":"https://stock-news.laohu8.com/highlight/detail?id=1100072036","media":"Barrons","summary":"Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.There haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.Investors, rightly so, are wondering what’s going on. We found four reasons, outlined below.Many electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker NIO were up 17% for the month.X","content":"<p>Stock in electric-vehicle pioneer&nbsp;Tesla&nbsp;is&nbsp;on fire&nbsp;for seemingly no reason.</p>\n<p>There haven’t been any big,splashy&nbsp;upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.</p>\n<p>Investors, rightly so, are wondering what’s going on. We found four reasons, outlined below.</p>\n<p><b>Taking Cues From China</b></p>\n<p>Many electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker&nbsp;NIO(NIO) were up 17% for the month.XPeng(XPEV) and&nbsp;Li Auto(LI) had gained 31% and 36%, respectively.</p>\n<p>Tesla, on the other hand, was down for the month of June coming into this week. But China is the world’s largest market for EVs, so when things are going well there, it bodes well for Tesla. It looks like some of the Chinese EV maker stocks’ shine has finally rubbed off on Tesla.</p>\n<p><b>Delivery Optimism</b></p>\n<p>The second reason is about second-quarter deliveries, after&nbsp;perceived weakness&nbsp;in Chinese delivery numbers. More recently, however, several&nbsp;reports&nbsp;have been popping up about Tesla working hard to deliver vehicles into the end of this month.</p>\n<p>“After a disaster start to the quarter for Tesla in China, the Street is reading the tea leaves as bullish for the month of June with momentum into [the second half],” Wedbush analyst&nbsp;Dan Ivestells&nbsp;Barron’s. He believes 900,000 deliveries is still possible for 2021. Wall Street is modeling about 825,000. Tesla delivered about 500,000 cars in 2020.</p>\n<p><b>Green Tidal Wave</b></p>\n<p>Ives has also written about a “green tidal wave” coming from the White House. President Joe Biden wants part of any infrastructure bill to include purchase incentives for EVs as well as charging infrastructure. A bill isn’t ready, but&nbsp;progress&nbsp;was made in Washington this week.</p>\n<p><b>Musk Tweeting, Again</b></p>\n<p>No search for the reason behind moves in Tesla stock would be complete without looking at CEO Elon Musk ‘s&nbsp;Twitter (TWTR) feed. He tweeted Friday that the updated full self-driving, or FSD, software and subscription pricing could roll out in as soon as a week.</p>\n<p>Tesla plans to offer its highest level of&nbsp;driver assistance, called full self-driving or FSD, on a subscription basis. It’s a new era for car companies, which don’t typically get to realize recurring revenue like software providers. Bulls have been waiting quite some time for the FSD subscription to arrive.</p>\n<p><b>What’s Next</b></p>\n<p>Next up for Tesla investors, after any FSD release, will be second-quarter delivery numbers and then earnings. Those data points come in July.</p>\n<p>Year to date, Tesla stock is still down about 4.8%, trailing behind comparable gains of the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.</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\">\nTesla Stock Has Been on Fire This Week. Here Are 4 Reasons.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.\nThere haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100072036","content_text":"Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.\nThere haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.\nInvestors, rightly so, are wondering what’s going on. We found four reasons, outlined below.\nTaking Cues From China\nMany electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker NIO(NIO) were up 17% for the month.XPeng(XPEV) and Li Auto(LI) had gained 31% and 36%, respectively.\nTesla, on the other hand, was down for the month of June coming into this week. But China is the world’s largest market for EVs, so when things are going well there, it bodes well for Tesla. It looks like some of the Chinese EV maker stocks’ shine has finally rubbed off on Tesla.\nDelivery Optimism\nThe second reason is about second-quarter deliveries, after perceived weakness in Chinese delivery numbers. More recently, however, several reports have been popping up about Tesla working hard to deliver vehicles into the end of this month.\n“After a disaster start to the quarter for Tesla in China, the Street is reading the tea leaves as bullish for the month of June with momentum into [the second half],” Wedbush analyst Dan Ivestells Barron’s. He believes 900,000 deliveries is still possible for 2021. Wall Street is modeling about 825,000. Tesla delivered about 500,000 cars in 2020.\nGreen Tidal Wave\nIves has also written about a “green tidal wave” coming from the White House. President Joe Biden wants part of any infrastructure bill to include purchase incentives for EVs as well as charging infrastructure. A bill isn’t ready, but progress was made in Washington this week.\nMusk Tweeting, Again\nNo search for the reason behind moves in Tesla stock would be complete without looking at CEO Elon Musk ‘s Twitter (TWTR) feed. He tweeted Friday that the updated full self-driving, or FSD, software and subscription pricing could roll out in as soon as a week.\nTesla plans to offer its highest level of driver assistance, called full self-driving or FSD, on a subscription basis. It’s a new era for car companies, which don’t typically get to realize recurring revenue like software providers. Bulls have been waiting quite some time for the FSD subscription to arrive.\nWhat’s Next\nNext up for Tesla investors, after any FSD release, will be second-quarter delivery numbers and then earnings. Those data points come in July.\nYear to date, Tesla stock is still down about 4.8%, trailing behind comparable gains of the S&P 500 and Dow Jones Industrial Average.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356360746,"gmtCreate":1616756774285,"gmtModify":1631892026537,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"GME bubble&nbsp;has popped and reinflated before though!&nbsp;","listText":"GME bubble&nbsp;has popped and reinflated before though!&nbsp;","text":"GME bubble has popped and reinflated before though!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/356360746","repostId":"1141702651","repostType":4,"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125682860,"gmtCreate":1624671724250,"gmtModify":1631892026529,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Good!&nbsp;","listText":"Good!&nbsp;","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125682860","repostId":"2146036830","repostType":4,"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125661047,"gmtCreate":1624671948589,"gmtModify":1631892026523,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"title":"Good bullish","htmlText":"This is event is good, tiger trader is helping investors. !&nbsp;","listText":"This is event is good, tiger trader is helping investors. !&nbsp;","text":"This is event is good, tiger trader is helping investors. !","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125661047","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125660369,"gmtCreate":1624671859051,"gmtModify":1631892026529,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125660369","repostId":"1166582624","repostType":4,"repost":{"id":"1166582624","kind":"news","pubTimestamp":1624624877,"share":"https://www.laohu8.com/m/news/1166582624?lang=&edition=full","pubTime":"2021-06-25 20:41","market":"us","language":"en","title":"Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps","url":"https://stock-news.laohu8.com/highlight/detail?id=1166582624","media":"zerohedge","summary":"After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmi","content":"<p>After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmies' dry up and recovery begins (while spending was expected to rise marginally - but less than in April). The data was mixed (and not good) with incomes -2.0% (slightly better than the -2.5% expected, but still down) but spending was unchanged MoM (missing expectations of a 0.4% MoM rise after a big upward revision in April to +0.9% MoM)</p>\n<p><img src=\"https://static.tigerbbs.com/be96be2634e57bd84add9d5f2f4f7ddf\" tg-width=\"948\" tg-height=\"522\"><i>Source: Bloomberg</i></p>\n<p>On a YoY basis, income growth accelerated modestly while spending growth slowed notably (but remains dramatically higher)...</p>\n<p><img src=\"https://static.tigerbbs.com/4f5cd2984ab6b04d34838c3dcc409424\" tg-width=\"948\" tg-height=\"503\"></p>\n<p>Citi says&nbsp;<b>the revision in spending largely reflects rising prices in components</b>&nbsp;such as airfares, rental cars, and used cars, and adds that while these abnormally strong price increases should ultimately prove temporary, very strong price increases could continue for another month or two.</p>\n<p>The shift in spending vs income has pushed the savings rate lower...</p>\n<p><img src=\"https://static.tigerbbs.com/f8642397f10bd13b903658087cfacf32\" tg-width=\"953\" tg-height=\"569\"></p>\n<p>Which leads us to the most important aspect of today's data - The Fed's most-watched inflation indicator, the core PCE Deflator, which soared to +3.4% YoY (as expected).<b>This is the highest level of core inflation since 1991.</b></p>\n<p><img src=\"https://static.tigerbbs.com/d01edb57e25e8b9372e83d85a237a1d4\" tg-width=\"948\" tg-height=\"517\"><i>Source: Bloomberg</i></p>\n<p>Hot enough for you Mr.Powell? Or is that all transitory too?</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>Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps</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\">\nFed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/feds-favorite-inflation-indicator-surges-highest-1991-savings-rate-slumps><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmies' dry up and recovery begins (while spending was expected to rise marginally - but less than in ...</p>\n\n<a href=\"https://www.zerohedge.com/economics/feds-favorite-inflation-indicator-surges-highest-1991-savings-rate-slumps\">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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/economics/feds-favorite-inflation-indicator-surges-highest-1991-savings-rate-slumps","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166582624","content_text":"After a record plunge in April, Americans' incomes were expected to shrink further in May as 'stimmies' dry up and recovery begins (while spending was expected to rise marginally - but less than in April). The data was mixed (and not good) with incomes -2.0% (slightly better than the -2.5% expected, but still down) but spending was unchanged MoM (missing expectations of a 0.4% MoM rise after a big upward revision in April to +0.9% MoM)\nSource: Bloomberg\nOn a YoY basis, income growth accelerated modestly while spending growth slowed notably (but remains dramatically higher)...\n\nCiti says the revision in spending largely reflects rising prices in components such as airfares, rental cars, and used cars, and adds that while these abnormally strong price increases should ultimately prove temporary, very strong price increases could continue for another month or two.\nThe shift in spending vs income has pushed the savings rate lower...\n\nWhich leads us to the most important aspect of today's data - The Fed's most-watched inflation indicator, the core PCE Deflator, which soared to +3.4% YoY (as expected).This is the highest level of core inflation since 1991.\nSource: Bloomberg\nHot enough for you Mr.Powell? Or is that all transitory too?","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315029284,"gmtCreate":1612190778148,"gmtModify":1703758568468,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Good potential","listText":"Good potential","text":"Good potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315029284","repostId":"2108271761","repostType":2,"repost":{"id":"2108271761","kind":"highlight","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":1612177200,"share":"https://www.laohu8.com/m/news/2108271761?lang=&edition=full","pubTime":"2021-02-01 19:00","market":"us","language":"en","title":"ANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges","url":"https://stock-news.laohu8.com/highlight/detail?id=2108271761","media":"Reuters","summary":"By Trevor Hunnicutt and David Lawder   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S","content":"<html><body><p>By Trevor Hunnicutt and David Lawder</p><p>   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving <a href=\"https://laohu8.com/S/AONE\">one</a> of her last private sector business relationships.</p><p>   But as hedge fund Citadel LLC emerges as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the key actors in the trading frenzy last week involving GameStop Corp - and questions arise over whether the activity exposes deeper risks for the financial system - Yellen could find herself pulled into the fray.</p><p>   Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop   . Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates. </p><p>   The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system.</p><p>   A sticking point for her to clear, though, may be $700,000 in speaking fees she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials.</p><p>   Ethics experts say that pledge is not a hard wall for her to scale should the need arise. After ethics violations dogged the Trump administration, some groups are urging Yellen to pre-emptively seek a waiver, and set a precedent.</p><p>   \"This example is a good test of Biden's ethics executive order and the transparency that follows, but it also highlights the revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs,\" said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.    </p><p>   The Treasury secretary normally does not get involved in matters involving individual stocks and concentrates instead on broad systemic risks to the financial system, which the department monitors through daily market surveillance.</p><p>   \"Secretary Yellen of course will abide by her ethics agreement and ethics pledge in all instances,\" Treasury spokesman Calvin Mitchell said. He did not indicate how she would approach the specific Citadel issue. </p><p>    SPEAKING FEES </p><p>   Like many former government officials, including </p><p>her Federal Reserve chair predecessor Ben Bernanke, Yellen took speaking fees from private companies after she left government.</p><p>   Yellen filed an ethics agreement $FILE/Yellen,%20Janet%20L.%20final%20EA.pdf</p><p>with the Office of Government Ethics in December saying she would \"seek written authorization to participate personally and substantially in any particular matter\" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm. </p><p>   Yellen spoke several times at Citadel, most recently on an Oct. 27 webinar, according to the filing. She was paid at least $700,000 in speaking fees by the Citadel while she was in private practice at the Brookings Institution think tank, another disclosure $FILE/Yellen,%20Janet%20L.%20AMENDEDfinal%20278.pdf</p><p>shows.</p><p>   These speaking engagements, which also include financial heavyweights such as Barclays, Citigroup, and Goldman Sachs,  are not likely to impact her ability to give Biden broad advice on the stock trading matter, government ethics experts say.</p><p>   \"If this becomes a situation where regulators are considering new rulemaking with Citadel as the poster-child, that's different,\" said Lisa Gilbert, executive vice president of Public Citizen, a group pushing for stronger financial regulation. </p><p>   SYSTEMIC RISK </p><p>   A major question is whether volatility from Gamestop and similar retail investor revolts against short-squeezes boil over into a systemic event that sends markets crashing broadly.</p><p>   Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter.</p><p>   On Friday, SEC commissioners including acting chair Allison Herren Lee said in a statement </p><p>they were closely monitoring the extreme volatility in certain stocks and warned market participants to \"uphold their obligations to protect investors and to identify and pursue potential wrongdoing.\"</p><p>   Extreme stock price volatility \"has the potential to expose investors to rapid and severe losses and undermine market confidence,\" they added.</p><p>   Biden's choice to run the SEC, Gary Gensler, awaits Senate hearings.</p><p>   The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability. It includes the heads of the Federal Reserve and other major U.S. financial regulatory agencies.</p><p>   It has the authority to designate non-bank financial institutions for consolidated supervision to minimize risk to the financial system or to break up firms that pose a \"grave threat.\" </p><p>   Distress in individual companies rarely rises to such a level. Treasury maintains daily market surveillance, but it is looking for orderly market functioning and broad systemic threats.</p><p>   Thus far, the situation looks contained, Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.</p><p>   \"The ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader contagion. While we believe there is more pain to come, we remain optimistic that it is likely to remain localized,\" Barclays said.</p><p>   YELLEN HAS FEW WALL STREET TIES</p><p>   Unlike many previous Treasury secretaries, Yellen has only worked as an academic and for the government, not at a bank or trading firm. </p><p>   Richard Painter, a former top ethics lawyer to President George W. Bush, said many Treasury secretaries had a great deal more entanglements that would raise conflict of interest concerns than Yellen.</p><p>   Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, sold half a billion dollars in stock from his former employer Goldman Sachs Group Inc    to satisfy ethics concerns. Paulson later forced Goldman and other major banks to take billions of dollars in taxpayer capital at the depth of the financial crisis.</p><p>   Steven Mnuchin, Yellen's immediate predecessor, pledged </p><p>after he was nominated to divest $94 million in investments, and refrain from any decisions involving CIT Group until August 2018, when he was due a payment of $5 million from the company. </p><p>   \"Yellen is going to be about as clean as you can get on this stuff,\" Painter said. </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ EXPLAINER-Why regulators may scrutinize GameStop's Reddit-driven retail stock surge      TIMELINE-GameStop's 1,600% surge in retail investor vs hedge fund battle      BREAKINGVIEWS-Short squeezers could end up strangling themselves</p><p>  The big short: GameStop effect puts global bets worth billions at risk      Hedge fund Melvin Capital has closed GameStop position -spokesman      GRAPHIC: GameStock surge timeline     GRAPHIC-GameStop 'long the shorts' trade goes mainstream    </p><p> Bernanke enjoys fruits of free market with first post-Fed speech</p><p>  Mnuchin pledges to divest assets worth millions     </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Trevor Hunnicutt and David Lawder; Additional reporting by Nandita Bose; Editing by Heather Timmons, Dan Burns, Edward Tobin and Diane Craft)</p><p>((trevor.hunnicutt@tr.com; +1 646 223 7914; twitter.com/trhunnicutt; Reuters Messaging: trevor.hunnicutt.thomsonreuters.com@reuters.net))</p></body></html>","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>ANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges</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\">\nANALYSIS-GameStop saga may provide early test of Biden administration ethics pledges\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\">2021-02-01 19:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Trevor Hunnicutt and David Lawder</p><p>   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving <a href=\"https://laohu8.com/S/AONE\">one</a> of her last private sector business relationships.</p><p>   But as hedge fund Citadel LLC emerges as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the key actors in the trading frenzy last week involving GameStop Corp - and questions arise over whether the activity exposes deeper risks for the financial system - Yellen could find herself pulled into the fray.</p><p>   Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop   . Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates. </p><p>   The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system.</p><p>   A sticking point for her to clear, though, may be $700,000 in speaking fees she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials.</p><p>   Ethics experts say that pledge is not a hard wall for her to scale should the need arise. After ethics violations dogged the Trump administration, some groups are urging Yellen to pre-emptively seek a waiver, and set a precedent.</p><p>   \"This example is a good test of Biden's ethics executive order and the transparency that follows, but it also highlights the revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs,\" said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.    </p><p>   The Treasury secretary normally does not get involved in matters involving individual stocks and concentrates instead on broad systemic risks to the financial system, which the department monitors through daily market surveillance.</p><p>   \"Secretary Yellen of course will abide by her ethics agreement and ethics pledge in all instances,\" Treasury spokesman Calvin Mitchell said. He did not indicate how she would approach the specific Citadel issue. </p><p>    SPEAKING FEES </p><p>   Like many former government officials, including </p><p>her Federal Reserve chair predecessor Ben Bernanke, Yellen took speaking fees from private companies after she left government.</p><p>   Yellen filed an ethics agreement $FILE/Yellen,%20Janet%20L.%20final%20EA.pdf</p><p>with the Office of Government Ethics in December saying she would \"seek written authorization to participate personally and substantially in any particular matter\" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm. </p><p>   Yellen spoke several times at Citadel, most recently on an Oct. 27 webinar, according to the filing. She was paid at least $700,000 in speaking fees by the Citadel while she was in private practice at the Brookings Institution think tank, another disclosure $FILE/Yellen,%20Janet%20L.%20AMENDEDfinal%20278.pdf</p><p>shows.</p><p>   These speaking engagements, which also include financial heavyweights such as Barclays, Citigroup, and Goldman Sachs,  are not likely to impact her ability to give Biden broad advice on the stock trading matter, government ethics experts say.</p><p>   \"If this becomes a situation where regulators are considering new rulemaking with Citadel as the poster-child, that's different,\" said Lisa Gilbert, executive vice president of Public Citizen, a group pushing for stronger financial regulation. </p><p>   SYSTEMIC RISK </p><p>   A major question is whether volatility from Gamestop and similar retail investor revolts against short-squeezes boil over into a systemic event that sends markets crashing broadly.</p><p>   Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter.</p><p>   On Friday, SEC commissioners including acting chair Allison Herren Lee said in a statement </p><p>they were closely monitoring the extreme volatility in certain stocks and warned market participants to \"uphold their obligations to protect investors and to identify and pursue potential wrongdoing.\"</p><p>   Extreme stock price volatility \"has the potential to expose investors to rapid and severe losses and undermine market confidence,\" they added.</p><p>   Biden's choice to run the SEC, Gary Gensler, awaits Senate hearings.</p><p>   The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability. It includes the heads of the Federal Reserve and other major U.S. financial regulatory agencies.</p><p>   It has the authority to designate non-bank financial institutions for consolidated supervision to minimize risk to the financial system or to break up firms that pose a \"grave threat.\" </p><p>   Distress in individual companies rarely rises to such a level. Treasury maintains daily market surveillance, but it is looking for orderly market functioning and broad systemic threats.</p><p>   Thus far, the situation looks contained, Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.</p><p>   \"The ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader contagion. While we believe there is more pain to come, we remain optimistic that it is likely to remain localized,\" Barclays said.</p><p>   YELLEN HAS FEW WALL STREET TIES</p><p>   Unlike many previous Treasury secretaries, Yellen has only worked as an academic and for the government, not at a bank or trading firm. </p><p>   Richard Painter, a former top ethics lawyer to President George W. Bush, said many Treasury secretaries had a great deal more entanglements that would raise conflict of interest concerns than Yellen.</p><p>   Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, sold half a billion dollars in stock from his former employer Goldman Sachs Group Inc    to satisfy ethics concerns. Paulson later forced Goldman and other major banks to take billions of dollars in taxpayer capital at the depth of the financial crisis.</p><p>   Steven Mnuchin, Yellen's immediate predecessor, pledged </p><p>after he was nominated to divest $94 million in investments, and refrain from any decisions involving CIT Group until August 2018, when he was due a payment of $5 million from the company. </p><p>   \"Yellen is going to be about as clean as you can get on this stuff,\" Painter said. </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ EXPLAINER-Why regulators may scrutinize GameStop's Reddit-driven retail stock surge      TIMELINE-GameStop's 1,600% surge in retail investor vs hedge fund battle      BREAKINGVIEWS-Short squeezers could end up strangling themselves</p><p>  The big short: GameStop effect puts global bets worth billions at risk      Hedge fund Melvin Capital has closed GameStop position -spokesman      GRAPHIC: GameStock surge timeline     GRAPHIC-GameStop 'long the shorts' trade goes mainstream    </p><p> Bernanke enjoys fruits of free market with first post-Fed speech</p><p>  Mnuchin pledges to divest assets worth millions     </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Trevor Hunnicutt and David Lawder; Additional reporting by Nandita Bose; Editing by Heather Timmons, Dan Burns, Edward Tobin and Diane Craft)</p><p>((trevor.hunnicutt@tr.com; +1 646 223 7914; twitter.com/trhunnicutt; Reuters Messaging: trevor.hunnicutt.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线","GS":"高盛","CIT":"CIT Group Inc","ARES":"Ares Management L.P.","WIW":"Western Asset/Claymore Inf-Lkd O","C":"花旗"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108271761","content_text":"By Trevor Hunnicutt and David Lawder   WASHINGTON, Feb 1 (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving one of her last private sector business relationships.   But as hedge fund Citadel LLC emerges as one of the key actors in the trading frenzy last week involving GameStop Corp - and questions arise over whether the activity exposes deeper risks for the financial system - Yellen could find herself pulled into the fray.   Citadel, together with another fund, extended a $2.75 billion financial lifeline to hedge fund Melvin Capital Management, which had suffered heavy losses by betting against GameStop   . Citadel also pays for the right to process Robinhood users' trades, a practice that has drawn some concern from investor advocates.    The White House has said Yellen is among a handful of officials monitoring the fracas. As head of the Financial Stability Oversight Council (FSOC), Yellen is broadly responsible for the health of the entire trading and investing system.   A sticking point for her to clear, though, may be $700,000 in speaking fees she accepted from Citadel, as recently as last fall. Yellen has pledged not to involve herself in an official capacity in matters involving the firm without first seeking a written waiver from Treasury ethics officials.   Ethics experts say that pledge is not a hard wall for her to scale should the need arise. After ethics violations dogged the Trump administration, some groups are urging Yellen to pre-emptively seek a waiver, and set a precedent.   \"This example is a good test of Biden's ethics executive order and the transparency that follows, but it also highlights the revolving door and why restrictions are necessary to protect the integrity of government missions, policies, and programs,\" said Scott Amey, general counsel at Project On Government Oversight, a nonpartisan government watchdog group.       The Treasury secretary normally does not get involved in matters involving individual stocks and concentrates instead on broad systemic risks to the financial system, which the department monitors through daily market surveillance.   \"Secretary Yellen of course will abide by her ethics agreement and ethics pledge in all instances,\" Treasury spokesman Calvin Mitchell said. He did not indicate how she would approach the specific Citadel issue.     SPEAKING FEES    Like many former government officials, including her Federal Reserve chair predecessor Ben Bernanke, Yellen took speaking fees from private companies after she left government.   Yellen filed an ethics agreement $FILE/Yellen,%20Janet%20L.%20final%20EA.pdfwith the Office of Government Ethics in December saying she would \"seek written authorization to participate personally and substantially in any particular matter\" related to any companies that paid her speaking fees prior to joining President Joe Biden's administration - for a year after her last speech to each firm.    Yellen spoke several times at Citadel, most recently on an Oct. 27 webinar, according to the filing. She was paid at least $700,000 in speaking fees by the Citadel while she was in private practice at the Brookings Institution think tank, another disclosure $FILE/Yellen,%20Janet%20L.%20AMENDEDfinal%20278.pdfshows.   These speaking engagements, which also include financial heavyweights such as Barclays, Citigroup, and Goldman Sachs,  are not likely to impact her ability to give Biden broad advice on the stock trading matter, government ethics experts say.   \"If this becomes a situation where regulators are considering new rulemaking with Citadel as the poster-child, that's different,\" said Lisa Gilbert, executive vice president of Public Citizen, a group pushing for stronger financial regulation.    SYSTEMIC RISK    A major question is whether volatility from Gamestop and similar retail investor revolts against short-squeezes boil over into a systemic event that sends markets crashing broadly.   Typically a matter involving an individual stock or equity market trading and brokerages would fall to the Securities and Exchange Commission, which has said it is examining the matter.   On Friday, SEC commissioners including acting chair Allison Herren Lee said in a statement they were closely monitoring the extreme volatility in certain stocks and warned market participants to \"uphold their obligations to protect investors and to identify and pursue potential wrongdoing.\"   Extreme stock price volatility \"has the potential to expose investors to rapid and severe losses and undermine market confidence,\" they added.   Biden's choice to run the SEC, Gary Gensler, awaits Senate hearings.   The FSOC that Yellen chairs is charged with identifying risks and responding to emerging threats to financial stability. It includes the heads of the Federal Reserve and other major U.S. financial regulatory agencies.   It has the authority to designate non-bank financial institutions for consolidated supervision to minimize risk to the financial system or to break up firms that pose a \"grave threat.\"    Distress in individual companies rarely rises to such a level. Treasury maintains daily market surveillance, but it is looking for orderly market functioning and broad systemic threats.   Thus far, the situation looks contained, Barclays said in a note to clients on Friday. Short positions in stocks favored on the Reddit social media site total about $40 billion, which would limit the pain to a handful of hedge funds.   \"The ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader contagion. While we believe there is more pain to come, we remain optimistic that it is likely to remain localized,\" Barclays said.   YELLEN HAS FEW WALL STREET TIES   Unlike many previous Treasury secretaries, Yellen has only worked as an academic and for the government, not at a bank or trading firm.    Richard Painter, a former top ethics lawyer to President George W. Bush, said many Treasury secretaries had a great deal more entanglements that would raise conflict of interest concerns than Yellen.   Henry Paulson, a Republican who was U.S. Treasury secretary during the 2008 financial meltdown, sold half a billion dollars in stock from his former employer Goldman Sachs Group Inc    to satisfy ethics concerns. Paulson later forced Goldman and other major banks to take billions of dollars in taxpayer capital at the depth of the financial crisis.   Steven Mnuchin, Yellen's immediate predecessor, pledged after he was nominated to divest $94 million in investments, and refrain from any decisions involving CIT Group until August 2018, when he was due a payment of $5 million from the company.    \"Yellen is going to be about as clean as you can get on this stuff,\" Painter said.     <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ EXPLAINER-Why regulators may scrutinize GameStop's Reddit-driven retail stock surge      TIMELINE-GameStop's 1,600% surge in retail investor vs hedge fund battle      BREAKINGVIEWS-Short squeezers could end up strangling themselves  The big short: GameStop effect puts global bets worth billions at risk      Hedge fund Melvin Capital has closed GameStop position -spokesman      GRAPHIC: GameStock surge timeline     GRAPHIC-GameStop 'long the shorts' trade goes mainstream     Bernanke enjoys fruits of free market with first post-Fed speech  Mnuchin pledges to divest assets worth millions        ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Reporting by Trevor Hunnicutt and David Lawder; Additional reporting by Nandita Bose; Editing by Heather Timmons, Dan Burns, Edward Tobin and Diane Craft)((trevor.hunnicutt@tr.com; +1 646 223 7914; twitter.com/trhunnicutt; Reuters Messaging: trevor.hunnicutt.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315067905,"gmtCreate":1612190641007,"gmtModify":1703758564643,"author":{"id":"3574038616307025","authorId":"3574038616307025","name":"baemax","avatar":"https://static.tigerbbs.com/3c886f072aeca9f03209ace9bc5ae3c1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574038616307025","authorIdStr":"3574038616307025"},"themes":[],"htmlText":"Huge potential!&nbsp;","listText":"Huge potential!&nbsp;","text":"Huge potential!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315067905","repostId":"2108270412","repostType":2,"repost":{"id":"2108270412","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1612188060,"share":"https://www.laohu8.com/m/news/2108270412?lang=&edition=full","pubTime":"2021-02-01 22:01","market":"us","language":"en","title":"Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2108270412","media":"Dow Jones","summary":"MW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces year","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\n</p>\n<p>\n  Ciara Linnane \n</p>\n<p>\n  AMC stock is up another 23% in premarket trade Monday \n</p>\n<p>\n  The trading frenzy that has propelled the shares of AMC Entertainment Corp. up more than 500% in the year to date may have saved the cinema operator from bankruptcy but the company is still facing formidable challenges after being hammered by the coronavirus pandemic. \n</p>\n<p>\n  AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> is <a href=\"https://laohu8.com/S/AONE\">one</a> of the many stocks that have been swept up in the short squeeze in shares of videogame retailer GameStop,  which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. \n</p>\n<p>\n  Those same investors were urging <a href=\"https://laohu8.com/S/AONE.U\">one</a> another in a Reddit thread  , to create a short squeeze that will \"take it to the moon,\" telling others to \"buy and hold and not sell.\" \n</p>\n<p>\n  Like the other names caught up in this speculative frenzy, AMC has had a high level of short interest as a percentage of the float, which stood at about 69%  according to latest data, although a share sale on Monday will take that percentage down. \n</p>\n<p>\n  Don't miss:It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher   \n</p>\n<p>\n  The stock of the world's biggest cinema chain was the most actively traded last Wednesday, even though there was no fresh news driving the move. \n</p>\n<p>\n  AMC has just seen out a year during which many of its theaters were in lockdown or operating at limited capacity and major studios refrained from releasing new blockbusters. The outlook for 2021 is not much better, according to Eric Schiffer, chief executive and chairman of Patriarch Organization and Reputation Management Consultants, and a restructuring expert. \n</p>\n<p>\n  See also:GameStop, AMC trading is now being restricted at TD Ameritrade, Schwab   \n</p>\n<p>\n  \"Most people would not want to put themselves in an indoor space for hours when there are variants (of the coronavirus-illness COVID-19) that vaccines may not even inoculate against,\" said Schiffer. \"The viability of the business prior to the market's inflation of the stock hasn't altered the calculus. If they do survive, it won't be the same business. It will take years for them to recover back to where they were.\" \n</p>\n<p>\n  AMC took advantage of the steep rise in its share price by opportunistically tapping equity and debt markets, raising another $917 million last week that Chief Executive Adam Aron described as the sun shining on AMC. \n</p>\n<p>\n  \"I have 917 million reasons to be a smiling man,\" Aron told MKM analyst Mike Hickey. \"It gets us deep into 2021. With any kind of partial recovery of the movie theater industry, this will get us all the way through 2021. Imminent bankruptcy is completely off the table. We believe we have the runway we need to get through this pandemic.\" \n</p>\n<p>\n   Mike O'Rourke, chief market strategist at JonesTrading, noted that AMC's market capitalization of $5.6 billion is nearly double what it was prior to the pandemic. At the same time, its share count has climbed to 337 million from 58 million in October. \n</p>\n<p>\n  \"Management deserves credit for opportunistically taking advantage of the environment to gather the resources to stave off bankruptcy,\" he wrote. \n</p>\n<p>\n  AMC did not respond to email and phone requests for comment. The Securities and Exchange Commission declined comment. GameStop hasn't responded to a request for comment. \n</p>\n<p>\n  Schiffer said the company still needs to pay its bills and manage its network of 1,000 theaters and 11,000 screens worldwide.  as revenue dwindled to $119.5 million from $1.317 billion in the year-earlier period. Its loss per share was about double what Wall Street was expecting, as reopening efforts were choppy at best. \n</p>\n<p>\n  So, is this Reddit investor group backing the wrong horse? \n</p>\n<p>\n  \"This is certainly not rational, these are the markets of stone cold crazy times, powered by the Fed,\" said Schiffer. \"Investors are chasing returns because rates are so low...you're going to see periods that appear wacky...and AMC is grossly overvalued because of a marauding of shorts that's powered by the internet and these aggressive traders acting in packs.... This is the power of the internet,\" he said. \n</p>\n<p>\n  The frantic trading in AMC may have had an unintended effect on the stock of a similar-sounding company, AMC Networks <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a>, the cable network behind hits including \"Mad Men\" and \"The Walking Dead.\" That stock, which trades under the ticker \"AMCX,\" was volatile last week with no news behind it. \n</p>\n<p>\n  AMC Networks also has a high percentage of short interest as a percentage of the float, at about 60%,  according to FactSet. \n</p>\n<p>\n  AMC Networks has had no fresh news of late apart from its intention to issue $1 billion of bonds  to replace more expensive debt with cheaper debt. \n</p>\n<p>\n  Don't miss:Stop laughing about GameStop's stock mania -- no, really  \n</p>\n<p>\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  February 01, 2021 09:01 ET (14:01 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery</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; 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}\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\">\nTrading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-02-01 22:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\n</p>\n<p>\n  Ciara Linnane \n</p>\n<p>\n  AMC stock is up another 23% in premarket trade Monday \n</p>\n<p>\n  The trading frenzy that has propelled the shares of AMC Entertainment Corp. up more than 500% in the year to date may have saved the cinema operator from bankruptcy but the company is still facing formidable challenges after being hammered by the coronavirus pandemic. \n</p>\n<p>\n  AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> is <a href=\"https://laohu8.com/S/AONE\">one</a> of the many stocks that have been swept up in the short squeeze in shares of videogame retailer GameStop,  which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. \n</p>\n<p>\n  Those same investors were urging <a href=\"https://laohu8.com/S/AONE.U\">one</a> another in a Reddit thread  , to create a short squeeze that will \"take it to the moon,\" telling others to \"buy and hold and not sell.\" \n</p>\n<p>\n  Like the other names caught up in this speculative frenzy, AMC has had a high level of short interest as a percentage of the float, which stood at about 69%  according to latest data, although a share sale on Monday will take that percentage down. \n</p>\n<p>\n  Don't miss:It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher   \n</p>\n<p>\n  The stock of the world's biggest cinema chain was the most actively traded last Wednesday, even though there was no fresh news driving the move. \n</p>\n<p>\n  AMC has just seen out a year during which many of its theaters were in lockdown or operating at limited capacity and major studios refrained from releasing new blockbusters. The outlook for 2021 is not much better, according to Eric Schiffer, chief executive and chairman of Patriarch Organization and Reputation Management Consultants, and a restructuring expert. \n</p>\n<p>\n  See also:GameStop, AMC trading is now being restricted at TD Ameritrade, Schwab   \n</p>\n<p>\n  \"Most people would not want to put themselves in an indoor space for hours when there are variants (of the coronavirus-illness COVID-19) that vaccines may not even inoculate against,\" said Schiffer. \"The viability of the business prior to the market's inflation of the stock hasn't altered the calculus. If they do survive, it won't be the same business. It will take years for them to recover back to where they were.\" \n</p>\n<p>\n  AMC took advantage of the steep rise in its share price by opportunistically tapping equity and debt markets, raising another $917 million last week that Chief Executive Adam Aron described as the sun shining on AMC. \n</p>\n<p>\n  \"I have 917 million reasons to be a smiling man,\" Aron told MKM analyst Mike Hickey. \"It gets us deep into 2021. With any kind of partial recovery of the movie theater industry, this will get us all the way through 2021. Imminent bankruptcy is completely off the table. We believe we have the runway we need to get through this pandemic.\" \n</p>\n<p>\n   Mike O'Rourke, chief market strategist at JonesTrading, noted that AMC's market capitalization of $5.6 billion is nearly double what it was prior to the pandemic. At the same time, its share count has climbed to 337 million from 58 million in October. \n</p>\n<p>\n  \"Management deserves credit for opportunistically taking advantage of the environment to gather the resources to stave off bankruptcy,\" he wrote. \n</p>\n<p>\n  AMC did not respond to email and phone requests for comment. The Securities and Exchange Commission declined comment. GameStop hasn't responded to a request for comment. \n</p>\n<p>\n  Schiffer said the company still needs to pay its bills and manage its network of 1,000 theaters and 11,000 screens worldwide.  as revenue dwindled to $119.5 million from $1.317 billion in the year-earlier period. Its loss per share was about double what Wall Street was expecting, as reopening efforts were choppy at best. \n</p>\n<p>\n  So, is this Reddit investor group backing the wrong horse? \n</p>\n<p>\n  \"This is certainly not rational, these are the markets of stone cold crazy times, powered by the Fed,\" said Schiffer. \"Investors are chasing returns because rates are so low...you're going to see periods that appear wacky...and AMC is grossly overvalued because of a marauding of shorts that's powered by the internet and these aggressive traders acting in packs.... This is the power of the internet,\" he said. \n</p>\n<p>\n  The frantic trading in AMC may have had an unintended effect on the stock of a similar-sounding company, AMC Networks <a href=\"https://laohu8.com/S/AMCX\">$(AMCX)$</a>, the cable network behind hits including \"Mad Men\" and \"The Walking Dead.\" That stock, which trades under the ticker \"AMCX,\" was volatile last week with no news behind it. \n</p>\n<p>\n  AMC Networks also has a high percentage of short interest as a percentage of the float, at about 60%,  according to FactSet. \n</p>\n<p>\n  AMC Networks has had no fresh news of late apart from its intention to issue $1 billion of bonds  to replace more expensive debt with cheaper debt. \n</p>\n<p>\n  Don't miss:Stop laughing about GameStop's stock mania -- no, really  \n</p>\n<p>\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  February 01, 2021 09:01 ET (14:01 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108270412","content_text":"MW UPDATE: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery\n\n\n  Ciara Linnane \n\n\n  AMC stock is up another 23% in premarket trade Monday \n\n\n  The trading frenzy that has propelled the shares of AMC Entertainment Corp. up more than 500% in the year to date may have saved the cinema operator from bankruptcy but the company is still facing formidable challenges after being hammered by the coronavirus pandemic. \n\n\n  AMC $(AMC)$ is one of the many stocks that have been swept up in the short squeeze in shares of videogame retailer GameStop,  which has skyrocketed more than 1,600% in the past two-plus weeks amid support from investors on Reddit's WallStreetBets message board. \n\n\n  Those same investors were urging one another in a Reddit thread  , to create a short squeeze that will \"take it to the moon,\" telling others to \"buy and hold and not sell.\" \n\n\n  Like the other names caught up in this speculative frenzy, AMC has had a high level of short interest as a percentage of the float, which stood at about 69%  according to latest data, although a share sale on Monday will take that percentage down. \n\n\n  Don't miss:It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher   \n\n\n  The stock of the world's biggest cinema chain was the most actively traded last Wednesday, even though there was no fresh news driving the move. \n\n\n  AMC has just seen out a year during which many of its theaters were in lockdown or operating at limited capacity and major studios refrained from releasing new blockbusters. The outlook for 2021 is not much better, according to Eric Schiffer, chief executive and chairman of Patriarch Organization and Reputation Management Consultants, and a restructuring expert. \n\n\n  See also:GameStop, AMC trading is now being restricted at TD Ameritrade, Schwab   \n\n\n  \"Most people would not want to put themselves in an indoor space for hours when there are variants (of the coronavirus-illness COVID-19) that vaccines may not even inoculate against,\" said Schiffer. \"The viability of the business prior to the market's inflation of the stock hasn't altered the calculus. If they do survive, it won't be the same business. It will take years for them to recover back to where they were.\" \n\n\n  AMC took advantage of the steep rise in its share price by opportunistically tapping equity and debt markets, raising another $917 million last week that Chief Executive Adam Aron described as the sun shining on AMC. \n\n\n  \"I have 917 million reasons to be a smiling man,\" Aron told MKM analyst Mike Hickey. \"It gets us deep into 2021. With any kind of partial recovery of the movie theater industry, this will get us all the way through 2021. Imminent bankruptcy is completely off the table. We believe we have the runway we need to get through this pandemic.\" \n\n\n   Mike O'Rourke, chief market strategist at JonesTrading, noted that AMC's market capitalization of $5.6 billion is nearly double what it was prior to the pandemic. At the same time, its share count has climbed to 337 million from 58 million in October. \n\n\n  \"Management deserves credit for opportunistically taking advantage of the environment to gather the resources to stave off bankruptcy,\" he wrote. \n\n\n  AMC did not respond to email and phone requests for comment. The Securities and Exchange Commission declined comment. GameStop hasn't responded to a request for comment. \n\n\n  Schiffer said the company still needs to pay its bills and manage its network of 1,000 theaters and 11,000 screens worldwide.  as revenue dwindled to $119.5 million from $1.317 billion in the year-earlier period. Its loss per share was about double what Wall Street was expecting, as reopening efforts were choppy at best. \n\n\n  So, is this Reddit investor group backing the wrong horse? \n\n\n  \"This is certainly not rational, these are the markets of stone cold crazy times, powered by the Fed,\" said Schiffer. \"Investors are chasing returns because rates are so low...you're going to see periods that appear wacky...and AMC is grossly overvalued because of a marauding of shorts that's powered by the internet and these aggressive traders acting in packs.... This is the power of the internet,\" he said. \n\n\n  The frantic trading in AMC may have had an unintended effect on the stock of a similar-sounding company, AMC Networks $(AMCX)$, the cable network behind hits including \"Mad Men\" and \"The Walking Dead.\" That stock, which trades under the ticker \"AMCX,\" was volatile last week with no news behind it. \n\n\n  AMC Networks also has a high percentage of short interest as a percentage of the float, at about 60%,  according to FactSet. \n\n\n  AMC Networks has had no fresh news of late apart from its intention to issue $1 billion of bonds  to replace more expensive debt with cheaper debt. \n\n\n  Don't miss:Stop laughing about GameStop's stock mania -- no, really  \n\n\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  February 01, 2021 09:01 ET (14:01 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}