SkylerTan的个人主页 - 老虎社区

SkylerTan

SkylerTan

暂无个人介绍

IP属地：未知

8关注

27粉丝

0主题

0勋章

2021-07-06

SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a

2021-06-14

Capitaland and genting sg, gogogo!!!!

抱歉，原内容已删除

2021-03-29

Daily misson! Like me!

抱歉，原内容已删除

2021-08-23

$GENTING SINGAPORE LIMITED(G13.SI)$you down i buy, u down again i buy again... Because you will growth when this Covid gone or be normal ill

2021-05-31

Morning pls help me like and comment

Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week

2021-05-11

Morning pls help me like and comment

Wall Street closes lower as inflation fears prompt tech sell-off

2021-05-05

Morning pls help me like and comment

S&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March

2021-04-27

Morning pls help me like and comment

Tesla posts record net income of $438 million, revenue surges by 74%

2021-07-23

Another sofa today, morning, is TGIF!

Snapchat Scores Exclusive Olympics Content In NBC Deal — Could It Replicate Previous Run's Success?

2021-06-03

Please help me like and comment

Shares of retail favorite AMC nearly double, company woos investors with free popcorn

2021-08-26

Wow! Buy time[财迷]

抱歉，原内容已删除

2021-05-24

Pls help me like and comment

IPO Previews For The Week

2021-05-15

Hi all pls help me like and comment

Why AMC Entertainment Stock Jumped Again Friday

2021-05-04

Morning pls help me like and comment

Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week

2021-04-14

Morning, pls help me like and comment

S&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation

2021-08-15

I prefer NVIDIA, buy my friend bought AMD and he earn a lot... [开心]

AMD, Intel, And Nvidia: Which Is The Best Chip Stock?

2021-05-22

Pls help me like and comment

Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021

2021-05-16

Morning pls help me like and comment

Why AMC Entertainment Stock Jumped Again Friday

2021-05-12

Morning, pls help me like and comment

Here's why this trader is shorting Apple stock and buying gold

2021-05-10

Morning, pls help me like and comment

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3577269269445542","uuid":"3577269269445542","gmtCreate":1614177628155,"gmtModify":1615460247713,"name":"SkylerTan","pinyin":"skylertan","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","hat":"https://static.tigerbbs.com/5c5b6ed6e3b5dcb14f9ef3ceb365e412","hatId":"1655194130953_head_frame","hatName":"goods_122_name","vip":1,"status":2,"fanSize":27,"headSize":8,"tweetSize":224,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-2","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"资深虎友","description":"加入老虎社区1000天","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.07","exceedPercentage":"60.35%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":154578050,"gmtCreate":1625536536470,"gmtModify":1631891228944,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a","listText":"SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a","text":"SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a","images":[{"img":"https://static.tigerbbs.com/c32635b708726833de617298eb86b1cf","width":"1080","height":"1920"}],"top":2,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":18,"repostSize":0,"link":"https://laohu8.com/post/154578050","isVote":1,"tweetType":1,"viewCount":1189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":688317558,"gmtCreate":1657378729176,"gmtModify":1704867273073,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Wooray!!!&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;","listText":"Wooray!!!&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;","text":"Wooray!!! [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/688317558","isVote":1,"tweetType":1,"viewCount":805,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":681274330,"gmtCreate":1657033519922,"gmtModify":1704866344919,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"制铁市场 怎么都不起","listText":"制铁市场 怎么都不起","text":"制铁市场 怎么都不起","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/681274330","isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":681234269,"gmtCreate":1657005671552,"gmtModify":1704866226587,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a> 钢铁越来越贵 股价越来越跌&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;","listText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a> 钢铁越来越贵 股价越来越跌&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;","text":"$METAL COMPONENT ENGG LTD(5DX.SI)$ 钢铁越来越贵 股价越来越跌 [Facepalm] [Facepalm] [Facepalm]","images":[{"img":"https://static.tigerbbs.com/3b9269fd8912c42a6f3d041f81e7cfab","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/681234269","isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":680396658,"gmtCreate":1654767577176,"gmtModify":1704860368414,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Sure bo?&nbsp;","listText":"Sure bo?&nbsp;","text":"Sure bo?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/680396658","repostId":"2241892197","repostType":4,"repost":{"id":"2241892197","pubTimestamp":1654766946,"share":"https://www.laohu8.com/m/news/2241892197?lang=&edition=full","pubTime":"2022-06-09 17:29","market":"us","language":"en","title":"3 Reasons to Buy GameStop, and 1 to Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=2241892197","media":"Motley Fool","summary":"The retailer is undergoing a transformation to align with the digital future of gaming.","content":"<html><head></head><body><p>Most arguments in favor of buying <b>GameStop</b> center around the power of its meme stock status. It remains <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most discussed stocks online, and because meme stock prices are often driven by social media chatter rather than business fundamentals, its top-of-mind position with investors makes the stock appealing to many.</p><p>Yet I still subscribe to the notion an investment needs to be based on something less transitory than whether a stock is popular on Reddit. Stocks remain the greatest wealth creation vehicle available, so buying and holding good companies for many years, decades even, is the best strategy for investing.</p><p>And though I&#39;ve been critical of GameStop, I do think a case can be made for the video game retailer to be a part of an investor&#39;s portfolio.</p><p>Below are the three top reasons why I think GameStop can be a buy, and one big red flag for why you ought to sell.</p><h2>Buy reason No. 1: Brand value</h2><p>Say what you want about GameStop surviving in an increasingly digital gaming world, but the video game shop is still synonymous with the gaming community and retains invaluable brand recognition.</p><p>That became evident during the lockdown phase of the pandemic when gamers immediately turned to GameStop&#39;s website as a place to buy gaming gear, paraphernalia, and games themselves. Transitioning to a more online-oriented focus won&#39;t be smooth for a retailer still very much rooted in the brick-and-mortar world, but it&#39;s also immersing itself in the digital sphere.</p><p>GameStop has said in financial filings, &#34;We are evolving from a video game retailer to a technology company that connects customers with games, entertainment, and a wide assortment of products,&#34; and that&#39;s why I think it&#39;s not just trying to become the <b>Amazon</b> of gaming, as Chairman Ryan Cohen notably declared but also the &#34;<b>Best Buy</b> of gaming.&#34;</p><h2>Buy reason No. 2: Embracing gaming&#39;s future</h2><p>Its recent launch of a non-fungible token (NFT) wallet that will enable transactions on GameStop&#39;s coming NFT marketplace is an indication Cohen is fully intent on making GameStop the go-to destination for where gaming is heading.</p><p>Blockchain gaming grew 2,000% last year to $4 billion, according to DappRadar and Blockchain Game Alliance. But in just the first quarter this year, spending in this space hit $2.5 billion.</p><p>GameStop&#39;s marketplace could become an important destination for gamers to purchase items for the in-game worlds they&#39;re building. The GameStop Wallet is a &#34;self-custodial <b>Ethereum</b> wallet,&#34; meaning the funds are controlled by a user alone and can be accessed without leaving a web browser.</p><h2>Buy reason No. 3: A clean balance sheet</h2><p>GameStop&#39;s first-quarter report wasn&#39;t what many had hoped with wider-than-expected losses, though for a company transitioning to a future growth stock from a decaying business, it should probably be expected. A lot of investment still needs to go into infrastructure, capacity, technology, and personnel to make the transformation.</p><p>Net sales increased 8% to just under $1.4 billion compared to approximately $1.3 billion last year, but sales are also well above the $1 billion it generated in the same period in 2019.</p><p>GameStop smartly used its meme stock status to pay off virtually all of its debt and had just $42 million left at the end of the first quarter but $1.0 billion in cash, meaning GameStop actually has the financial wherewithal to achieve its goals.</p><h2>The No. 1 reason to sell: A weak business with an overvalued stock</h2><p>Forget about GameStop&#39;s meme stock status, that it&#39;s splitting its stock, or even the theory that short-sellers and other dark, nefarious forces are plotting against the video game retailer to take it down.</p><p>Other than the hints at what is to come like the NFT business, GameStop has been fairly tight-lipped about how it&#39;s going to achieve its transformational goals, which makes it difficult to assess its business.</p><p>NPD Group says video game industry spending fell 8% in the first quarter with accessories down 16%, hardware falling 15%, and games off 7%. Even the console upgrade cycle may not be enough as supply-chain constraints are affecting availability, as reflected in the worse-than-expected losses when GameStop reported earnings last week. For a company trying to focus on the digital world, it must also grapple with consumer spending on mobile games declining 10% from last year.</p><p>GameStop reported a loss in the holiday season, its biggest quarter of the year. For the first quarter, GameStop experienced a rapid increase in its cash burn rate as it developed the NFT wallet and marketplace. Yet there was no mention once again of how it hopes to ever make money or what competitive advantages it possesses to help it overcome the structural changes underway in its industry.</p><p>That dispiriting outlook, juxtaposed against the video game retailer&#39;s still-elevated stock price, suggests GameStop remains wildly overvalued.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons to Buy GameStop, and 1 to Sell</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\">\n3 Reasons to Buy GameStop, and 1 to Sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-09 17:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/08/3-reasons-to-buy-gamestop-and-1-to-sell/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Most arguments in favor of buying GameStop center around the power of its meme stock status. It remains one of the most discussed stocks online, and because meme stock prices are often driven by ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/08/3-reasons-to-buy-gamestop-and-1-to-sell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2022/06/08/3-reasons-to-buy-gamestop-and-1-to-sell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241892197","content_text":"Most arguments in favor of buying GameStop center around the power of its meme stock status. It remains one of the most discussed stocks online, and because meme stock prices are often driven by social media chatter rather than business fundamentals, its top-of-mind position with investors makes the stock appealing to many.Yet I still subscribe to the notion an investment needs to be based on something less transitory than whether a stock is popular on Reddit. Stocks remain the greatest wealth creation vehicle available, so buying and holding good companies for many years, decades even, is the best strategy for investing.And though I've been critical of GameStop, I do think a case can be made for the video game retailer to be a part of an investor's portfolio.Below are the three top reasons why I think GameStop can be a buy, and one big red flag for why you ought to sell.Buy reason No. 1: Brand valueSay what you want about GameStop surviving in an increasingly digital gaming world, but the video game shop is still synonymous with the gaming community and retains invaluable brand recognition.That became evident during the lockdown phase of the pandemic when gamers immediately turned to GameStop's website as a place to buy gaming gear, paraphernalia, and games themselves. Transitioning to a more online-oriented focus won't be smooth for a retailer still very much rooted in the brick-and-mortar world, but it's also immersing itself in the digital sphere.GameStop has said in financial filings, \"We are evolving from a video game retailer to a technology company that connects customers with games, entertainment, and a wide assortment of products,\" and that's why I think it's not just trying to become the Amazon of gaming, as Chairman Ryan Cohen notably declared but also the \"Best Buy of gaming.\"Buy reason No. 2: Embracing gaming's futureIts recent launch of a non-fungible token (NFT) wallet that will enable transactions on GameStop's coming NFT marketplace is an indication Cohen is fully intent on making GameStop the go-to destination for where gaming is heading.Blockchain gaming grew 2,000% last year to $4 billion, according to DappRadar and Blockchain Game Alliance. But in just the first quarter this year, spending in this space hit $2.5 billion.GameStop's marketplace could become an important destination for gamers to purchase items for the in-game worlds they're building. The GameStop Wallet is a \"self-custodial Ethereum wallet,\" meaning the funds are controlled by a user alone and can be accessed without leaving a web browser.Buy reason No. 3: A clean balance sheetGameStop's first-quarter report wasn't what many had hoped with wider-than-expected losses, though for a company transitioning to a future growth stock from a decaying business, it should probably be expected. A lot of investment still needs to go into infrastructure, capacity, technology, and personnel to make the transformation.Net sales increased 8% to just under $1.4 billion compared to approximately $1.3 billion last year, but sales are also well above the $1 billion it generated in the same period in 2019.GameStop smartly used its meme stock status to pay off virtually all of its debt and had just $42 million left at the end of the first quarter but $1.0 billion in cash, meaning GameStop actually has the financial wherewithal to achieve its goals.The No. 1 reason to sell: A weak business with an overvalued stockForget about GameStop's meme stock status, that it's splitting its stock, or even the theory that short-sellers and other dark, nefarious forces are plotting against the video game retailer to take it down.Other than the hints at what is to come like the NFT business, GameStop has been fairly tight-lipped about how it's going to achieve its transformational goals, which makes it difficult to assess its business.NPD Group says video game industry spending fell 8% in the first quarter with accessories down 16%, hardware falling 15%, and games off 7%. Even the console upgrade cycle may not be enough as supply-chain constraints are affecting availability, as reflected in the worse-than-expected losses when GameStop reported earnings last week. For a company trying to focus on the digital world, it must also grapple with consumer spending on mobile games declining 10% from last year.GameStop reported a loss in the holiday season, its biggest quarter of the year. For the first quarter, GameStop experienced a rapid increase in its cash burn rate as it developed the NFT wallet and marketplace. Yet there was no mention once again of how it hopes to ever make money or what competitive advantages it possesses to help it overcome the structural changes underway in its industry.That dispiriting outlook, juxtaposed against the video game retailer's still-elevated stock price, suggests GameStop remains wildly overvalued.","news_type":1},"isVote":1,"tweetType":1,"viewCount":911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":617725458,"gmtCreate":1654648333178,"gmtModify":1704859943788,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a> gogogo","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a> gogogo","text":"$GENTING SINGAPORE LIMITED(G13.SI)$ gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/617725458","isVote":1,"tweetType":1,"viewCount":1002,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":617725573,"gmtCreate":1654648311196,"gmtModify":1704859943615,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a>[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;","listText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a>[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;","text":"$METAL COMPONENT ENGG LTD(5DX.SI)$[Cry] [Cry] [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/617725573","isVote":1,"tweetType":1,"viewCount":684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":617725636,"gmtCreate":1654648210128,"gmtModify":1704859943266,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"thanks[Happy]&nbsp;","listText":"thanks[Happy]&nbsp;","text":"thanks[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/617725636","repostId":"1199236151","repostType":4,"repost":{"id":"1199236151","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1654645026,"share":"https://www.laohu8.com/m/news/1199236151?lang=&edition=full","pubTime":"2022-06-08 07:37","market":"sh","language":"zh","title":"昨夜今晨 | 能源股力挺美股盘中转涨，中概继续走强惊艳","url":"https://stock-news.laohu8.com/highlight/detail?id=1199236151","media":"老虎资讯综合","summary":"摘要：①隔夜美股收高，三大指数均涨近1%；②美油收高0.77%，创三个月新高，布油涨0.89%，纽约黄金期货收高0.5%；③拜登宣布：美国进入能源紧急状态。④世行大幅下调今年经济增长预期至2.9%，警","content":"<html><head></head><body><blockquote>摘要：①隔夜美股收高，三大指数均涨近1%；②美油收高0.77%，创三个月新高，布油涨0.89%，纽约黄金期货收高0.5%；③拜登宣布：美国进入能源紧急状态。④世行大幅下调今年经济增长预期至2.9%，警示滞涨风险上升。</blockquote><p>海外市场</p><p>1、美股三大指数均涨近1% 能源股强劲：<a href=\"https://laohu8.com/S/XOM\">埃克森美孚</a>、<a href=\"https://laohu8.com/S/COP\">康菲石油</a>涨超4%</p><p>美股周二收高。美国国债收益率下降提振了市场情绪。市场仍在评估美国第二大零售商<a href=\"https://laohu8.com/S/TGT\">塔吉特</a>发布的业绩预警。美国财长耶伦称，美国正面临“不可接受的通货膨胀水平”的挑战。截止收盘，纳指涨0.94%，道指涨0.8%，标普500指数涨0.95%。</p><p>大型科技股普遍上涨，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>涨1.76%，Meta涨0.72%，<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>涨0.28%，<a href=\"https://laohu8.com/S/MSFT\">微软</a>涨1.40%，奈飞涨0.75%，<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>跌1.43%。能源股表现强劲，埃克森美孚、康菲石油涨超4%，<a href=\"https://laohu8.com/S/SLB\">斯伦贝谢</a>涨超3%。</p><p>2、热门中概股延续反弹势头<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨超10%领跑</p><p>热门中概股延续反弹势头，电商、在线教育、新能源车板块普涨。</p><p>其中，拼多多涨超10%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>涨超5%；<a href=\"https://laohu8.com/S/GOTU\">高途</a>涨超16%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨近10%，<a href=\"https://laohu8.com/S/NTES\">网易</a>有道涨超9%；<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨超3%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨超2%。</p><p>3、欧股集体收跌德国DAX30指数跌0.67%</p><p>欧股集体收跌，德国DAX30指数跌0.67%，<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>指数跌0.14%，法国CAC40指数跌0.74%，欧洲斯托克50指数跌0.87%。</p><p>4、美国WTI原油周二收高0.77% 逼近120美元创三个月新高</p><p>美国原油期货价格周二收高。市场仍在评估风险偏好与紧张的原油市场供应状况。</p><p>最终，美油7月期货价格收涨0.77%，收于每桶119.41美元，刷新上周五所创的3月8日以来主力合约收盘高位。布伦特8月原油期货收涨0.89%，报120.57美元/桶，逼近上周二7月合约突破122美元所创的3月8日以来高位。</p><p>5、纽约黄金期货周二收高0.5%</p><p>纽约黄金期货价格周二收高。通胀担忧加剧了对贵金属的避险买盘，而且美国国债收益率下降则使金价获得进一步支撑。</p><p>最终，纽约商品交易所8月交割的黄金期货收涨0.5%，报收于每盎司1852.10美元。</p><p>国际宏观</p><p>1、拜登宣布：美国进入能源紧急状态</p><p>据环球网援引今日俄罗斯(RT)报道，美国总统拜登6日宣布美国进入能源紧急状态，称潜在的电力供应短缺已经危及到美国的国家安全和生活质量。RT称，拜登将出现这一危机的部分原因归咎于俄罗斯。</p><p>报道称，拜登在紧急声明中说，“多种因素正在威胁美国提供足够电力，以满足预期的消费者需求的能力”，“这些因素包括俄罗斯‘入侵’乌克兰导致的能源市场中断，以及气候变化加剧的极端天气事件。”</p><p>2、世行大幅下调今年经济增长预期至2.9% 警示滞涨风险上升</p><p>当地时间周二(6月7日)，世界银行在其最新一期《全球经济展望》报告中大幅下调了今年全球增长预期，理由是俄乌冲突加剧了全球经济的放缓，许多国家面临经济衰退。</p><p>3、耶伦为拜登经济政策辩护：高通胀遍布全球 皆因俄乌局势影响</p><p>当地时间周二(6月7日)，美国财政部长耶伦在参议院财政委员会听证会上表示，美国通货膨胀居高不下，正处于“不可接受的水平”。</p><p>耶伦说道：“尽管我非常希望通胀现在就下降，但我确实预计它还将保持在高位。”耶伦明日还将在众议院筹款委员会作证，讨论总统拜登的2023财年预算。</p><p>她补充称，拜登总统预算要求中包含的美国4.7%的通货膨胀预测可能将被上调，“数字并没有被锁定，可能会更高。”这与她上周的一次演讲内容相呼应，当时她承认过去对“暂时性”通胀的看法是错误的。</p><p>4、美联储预测模型显示美国经济或处于衰退边缘</p><p>在周二发布的更新数据中，亚特兰大联储的GDPNow预测模型指向美国二季度的年化增长率仅为0.9%。</p><p>GDPNow实时跟踪经济数据，并用其预测经济走向。该模型目前对二季度实际GDP增长(经季节性调整的年增长率)的预估为0.9%，低于6月1日的1.3%。</p><p>连续两个季度GDP为负通常被认为是经济衰退。美国国家经济研究局表示，该经验法则通常是正确的，但并非总是如此。例如，2020年的经济衰退只出现了一个季度的负增长。</p><p>5、美联储隔夜逆回购工具使用量激增至创纪录新高</p><p>由于投资者仍在寻找安置短期现金的地方，美联储隔夜逆回购使用量再次达到历史高位。</p><p>98位参与者进行了总计2.091万亿美元的逆回购操作，前高点是5月23日创下的2.045万亿美元。周二的数字比前一个交易日高出513亿美元。</p><p>6、美国财政部扩大购买俄罗斯债券的禁令</p><p>美国财政部颁布禁令，阻止美国投资者在二级市场购买俄罗斯债券，这是对现有政策的扩展。现有政策仅禁止购买新发行的俄罗斯政府债券和部分俄罗斯企业债券。</p><p>7、黑田东彦重申维持宽松政策，美日续创20年新高</p><p>日本央行行长黑田东彦表示，将以收益率曲线控制(YCC)为支柱，保持强有力的宽松政策。周二美元兑日元盘中一度站上133关口，续创20年新高.</p><p>8、印尼调整棕榈油出口税以加速棕榈油出口</p><p>印尼贸易部官员称，将毛棕榈油出口税(tax)的最大值提高至288美元/吨，将出口专项税(levy)的最大值降低至200美元/吨。此次调整旨在加速棕榈油出口。</p><p>俄乌局势</p><p>1、俄军：已控制大部分地区，摧毁2门美制榴弹炮</p><p>据央视新闻消息，当地时间6月7日，俄罗斯国防部长绍伊古表示，俄军已经控制了斯维亚托戈尔斯克在内的顿涅茨克和卢甘斯克大部分地区，目前已完全控制了北顿涅茨克的居民区。此外，绍伊古称，自俄军2月24日在乌克兰发起特别军事行动以来，共有6489名乌军士兵投降。</p><p>7日当天，俄罗斯国防部发言人科纳申科夫在新闻发布会上表示，俄军一天消灭乌军570多人，击落12架无人机，一天内摧毁挪威提供给乌克兰的一辆自行榴弹炮和美国提供的2门榴弹炮。</p><p>2、普京：俄罗斯国内的通货膨胀已得到控制</p><p>俄罗斯总统普京表示，俄罗斯国内的通货膨胀已得到控制，他责令俄罗斯政府应当帮助经济部门渡过目前的难关。普京还称，外汇市场稳定，卢布走强允许放松资本管制。</p><p>3、俄防长绍伊古：俄军已经控制顿涅茨克和卢甘斯克大部分地区</p><p>俄罗斯国防部长绍伊古表示，俄军已经控制了斯维亚托戈尔斯克在内的顿涅茨克和卢甘斯克大部分地区，目前已完全控制了北顿涅茨克的居民区。</p><p>4、乌外交部：任何不考虑乌利益的解除对乌港口封锁的协议都将被拒绝</p><p>乌克兰外交部发表声明称，目前乌克兰、土耳其和俄罗斯之间没有就解除对乌克兰港口“封锁”问题达成协议。乌克兰强调，必须在所有相关方的参与下做出决定，任何不考虑乌克兰利益的协议都将被拒绝。</p><p>公司新闻</p><p>1、<a href=\"https://laohu8.com/NW/1189630255\" target=\"_blank\">燃爆！比亚迪市值超越大众 跻身全球前三</a></p><p>6月7日，全球车企市值最新排行榜显示，比亚迪超过大众汽车集团，排位跃升至第三名，总市值达1272.3亿美元。同时，比亚迪也是前10榜单中唯一的中国车企。</p><p>2、<a href=\"https://laohu8.com/NW/2241889712\" target=\"_blank\">收购推特交易再生变数？马斯克发起的融资谈判据称已被暂时搁置</a></p><p>据媒体援引消息人士报道，鉴于交易中的不确定性，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>CEO埃隆·马斯克为收购推特而进行的融资已被暂时搁置，直到收购交易的前景变得更加明朗。</p><p>3、<a href=\"https://laohu8.com/NW/2241027517\" target=\"_blank\">释放缓和情绪 墨西哥总统提及“尊重”赣锋锂业采矿许可</a></p><p>综合媒体报道，墨西哥总统安德列斯·曼努埃尔·洛佩斯·奥夫拉多尔(简称AMLO)对索诺拉锂矿的前景，给出了缓和气氛的评论。</p><p>周一在墨西哥国家宫举行的新闻发布会上，AMLO也被问及<a href=\"https://laohu8.com/S/01772\">赣锋锂业</a>墨西哥采矿权的问题，对此总统表示：“如果他们要求开采锂矿且(协议是)合理有序的，同时还会有一个勘探和生产项目，那么这些(权利)都会得到尊重。”</p><p>4、<a href=\"https://laohu8.com/NW/2241908004\" target=\"_blank\">IBM宣布退出俄罗斯市场，已暂停在俄所有业务</a></p><p>据今日俄罗斯报道，IBM当地时间6月7日宣布，由于俄乌冲突，公司将退出俄罗斯市场。公司首席执行官阿尔温德 克里希纳表示，已经暂停了在俄罗斯的所有业务。当天，公司的俄罗斯网站也显示，无法读取内容。报道称，3月初，IBM就宣布暂停在俄罗斯的商业活动，并终止了与俄军工企业的合作。</p><p>5、诺瓦瓦克斯：旗下新冠疫苗将由印度血清研究所生产</p><p>当地时间周二(6月7日)，诺瓦瓦克斯公司表示，如果获得授权，其新冠疫苗将由印度血清研究所(Serum Institute of India)生产。据《<a href=\"https://laohu8.com/S/NYT\">纽约时报</a>》报道，美国食品药品监督管理局(FDA)顾问周二建议批准诺瓦瓦克斯的新冠疫苗。</p><p>6、<a href=\"https://laohu8.com/NW/2241028097\" target=\"_blank\">亚马逊高管呼吁平台卖家反对美国反垄断立法，遭大多数卖家拒绝</a></p><p>美国国会很可能通过的科技行业反垄断改革正在引起亚马逊的担忧。该公司一名高管最近试图在互联网讨论版上游说第三方卖家，但遭到了大多数卖家的拒绝。许多卖家对亚马逊的立场提出异议，并表示他们打算支持新的立法。新立法将对美国的反垄断法进行彻底改革，限制大型科技公司的权利。</p><p>7、<a href=\"https://laohu8.com/S/603888\">新华网</a>与奥丁科技联合打造超写实<a href=\"https://laohu8.com/S/835670\">数字人</a>“筱竹”</p><p>近日，新华网首个超写实数字人——“筱竹”正式对外发布。 奥丁科技作为合作方，与新华网共同研发、制作了数字人“筱竹”。据介绍，新华网和奥丁科技达成原生数字人IP孵化合作，并启动数字人开发计划。未来新华网与奥丁将共建一系列以数字人为核心的原创IP。</p><p>8、<a href=\"https://laohu8.com/NW/1195127004\" target=\"_blank\">字节跳动考虑出售得物少数股份，估值超100亿美元</a></p><p>知情人士称，字节跳动公司正考虑出售潮鞋在线平台得物(Poizon)少数股权。字节跳动正在就出售较低个位数百分比股份展开谈判，更愿意出售给现有投资者。得物是上海识装信息科技有限公司推出的潮流网购社区，其估值超过100亿美元。得物网站显示，其月活跃用户超过1亿，<a href=\"https://laohu8.com/S/NKE\">耐克</a>、<a href=\"https://laohu8.com/S/0OLD.UK\">阿迪达斯</a>、任天堂是其品牌合作伙伴。</p><p>9、董明珠：格力今年不裁员，再招三五千大学生</p><p><a href=\"https://laohu8.com/S/000651\">格力电器</a>董事长兼总裁董明珠在年度股东大会上表示，格力坚持不裁员，而且今年还会再招3000到5000名大学毕业生。对于高翎入股，董明珠称绝对可以放心，投资者不需要有什么疑虑。董明珠同时表示，格力手机不比苹果差。</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>昨夜今晨 | 能源股力挺美股盘中转涨，中概继续走强惊艳</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\">\n昨夜今晨 | 能源股力挺美股盘中转涨，中概继续走强惊艳\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2022-06-08 07:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote>摘要：①隔夜美股收高，三大指数均涨近1%；②美油收高0.77%，创三个月新高，布油涨0.89%，纽约黄金期货收高0.5%；③拜登宣布：美国进入能源紧急状态。④世行大幅下调今年经济增长预期至2.9%，警示滞涨风险上升。</blockquote><p>海外市场</p><p>1、美股三大指数均涨近1% 能源股强劲：<a href=\"https://laohu8.com/S/XOM\">埃克森美孚</a>、<a href=\"https://laohu8.com/S/COP\">康菲石油</a>涨超4%</p><p>美股周二收高。美国国债收益率下降提振了市场情绪。市场仍在评估美国第二大零售商<a href=\"https://laohu8.com/S/TGT\">塔吉特</a>发布的业绩预警。美国财长耶伦称，美国正面临“不可接受的通货膨胀水平”的挑战。截止收盘，纳指涨0.94%，道指涨0.8%，标普500指数涨0.95%。</p><p>大型科技股普遍上涨，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>涨1.76%，Meta涨0.72%，<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>涨0.28%，<a href=\"https://laohu8.com/S/MSFT\">微软</a>涨1.40%，奈飞涨0.75%，<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>跌1.43%。能源股表现强劲，埃克森美孚、康菲石油涨超4%，<a href=\"https://laohu8.com/S/SLB\">斯伦贝谢</a>涨超3%。</p><p>2、热门中概股延续反弹势头<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨超10%领跑</p><p>热门中概股延续反弹势头，电商、在线教育、新能源车板块普涨。</p><p>其中，拼多多涨超10%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>涨超5%；<a href=\"https://laohu8.com/S/GOTU\">高途</a>涨超16%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨近10%，<a href=\"https://laohu8.com/S/NTES\">网易</a>有道涨超9%；<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>涨超3%，<a href=\"https://laohu8.com/S/NIO\">蔚来</a>、<a href=\"https://laohu8.com/S/LI\">理想汽车</a>涨超2%。</p><p>3、欧股集体收跌德国DAX30指数跌0.67%</p><p>欧股集体收跌，德国DAX30指数跌0.67%，<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>指数跌0.14%，法国CAC40指数跌0.74%，欧洲斯托克50指数跌0.87%。</p><p>4、美国WTI原油周二收高0.77% 逼近120美元创三个月新高</p><p>美国原油期货价格周二收高。市场仍在评估风险偏好与紧张的原油市场供应状况。</p><p>最终，美油7月期货价格收涨0.77%，收于每桶119.41美元，刷新上周五所创的3月8日以来主力合约收盘高位。布伦特8月原油期货收涨0.89%，报120.57美元/桶，逼近上周二7月合约突破122美元所创的3月8日以来高位。</p><p>5、纽约黄金期货周二收高0.5%</p><p>纽约黄金期货价格周二收高。通胀担忧加剧了对贵金属的避险买盘，而且美国国债收益率下降则使金价获得进一步支撑。</p><p>最终，纽约商品交易所8月交割的黄金期货收涨0.5%，报收于每盎司1852.10美元。</p><p>国际宏观</p><p>1、拜登宣布：美国进入能源紧急状态</p><p>据环球网援引今日俄罗斯(RT)报道，美国总统拜登6日宣布美国进入能源紧急状态，称潜在的电力供应短缺已经危及到美国的国家安全和生活质量。RT称，拜登将出现这一危机的部分原因归咎于俄罗斯。</p><p>报道称，拜登在紧急声明中说，“多种因素正在威胁美国提供足够电力，以满足预期的消费者需求的能力”，“这些因素包括俄罗斯‘入侵’乌克兰导致的能源市场中断，以及气候变化加剧的极端天气事件。”</p><p>2、世行大幅下调今年经济增长预期至2.9% 警示滞涨风险上升</p><p>当地时间周二(6月7日)，世界银行在其最新一期《全球经济展望》报告中大幅下调了今年全球增长预期，理由是俄乌冲突加剧了全球经济的放缓，许多国家面临经济衰退。</p><p>3、耶伦为拜登经济政策辩护：高通胀遍布全球 皆因俄乌局势影响</p><p>当地时间周二(6月7日)，美国财政部长耶伦在参议院财政委员会听证会上表示，美国通货膨胀居高不下，正处于“不可接受的水平”。</p><p>耶伦说道：“尽管我非常希望通胀现在就下降，但我确实预计它还将保持在高位。”耶伦明日还将在众议院筹款委员会作证，讨论总统拜登的2023财年预算。</p><p>她补充称，拜登总统预算要求中包含的美国4.7%的通货膨胀预测可能将被上调，“数字并没有被锁定，可能会更高。”这与她上周的一次演讲内容相呼应，当时她承认过去对“暂时性”通胀的看法是错误的。</p><p>4、美联储预测模型显示美国经济或处于衰退边缘</p><p>在周二发布的更新数据中，亚特兰大联储的GDPNow预测模型指向美国二季度的年化增长率仅为0.9%。</p><p>GDPNow实时跟踪经济数据，并用其预测经济走向。该模型目前对二季度实际GDP增长(经季节性调整的年增长率)的预估为0.9%，低于6月1日的1.3%。</p><p>连续两个季度GDP为负通常被认为是经济衰退。美国国家经济研究局表示，该经验法则通常是正确的，但并非总是如此。例如，2020年的经济衰退只出现了一个季度的负增长。</p><p>5、美联储隔夜逆回购工具使用量激增至创纪录新高</p><p>由于投资者仍在寻找安置短期现金的地方，美联储隔夜逆回购使用量再次达到历史高位。</p><p>98位参与者进行了总计2.091万亿美元的逆回购操作，前高点是5月23日创下的2.045万亿美元。周二的数字比前一个交易日高出513亿美元。</p><p>6、美国财政部扩大购买俄罗斯债券的禁令</p><p>美国财政部颁布禁令，阻止美国投资者在二级市场购买俄罗斯债券，这是对现有政策的扩展。现有政策仅禁止购买新发行的俄罗斯政府债券和部分俄罗斯企业债券。</p><p>7、黑田东彦重申维持宽松政策，美日续创20年新高</p><p>日本央行行长黑田东彦表示，将以收益率曲线控制(YCC)为支柱，保持强有力的宽松政策。周二美元兑日元盘中一度站上133关口，续创20年新高.</p><p>8、印尼调整棕榈油出口税以加速棕榈油出口</p><p>印尼贸易部官员称，将毛棕榈油出口税(tax)的最大值提高至288美元/吨，将出口专项税(levy)的最大值降低至200美元/吨。此次调整旨在加速棕榈油出口。</p><p>俄乌局势</p><p>1、俄军：已控制大部分地区，摧毁2门美制榴弹炮</p><p>据央视新闻消息，当地时间6月7日，俄罗斯国防部长绍伊古表示，俄军已经控制了斯维亚托戈尔斯克在内的顿涅茨克和卢甘斯克大部分地区，目前已完全控制了北顿涅茨克的居民区。此外，绍伊古称，自俄军2月24日在乌克兰发起特别军事行动以来，共有6489名乌军士兵投降。</p><p>7日当天，俄罗斯国防部发言人科纳申科夫在新闻发布会上表示，俄军一天消灭乌军570多人，击落12架无人机，一天内摧毁挪威提供给乌克兰的一辆自行榴弹炮和美国提供的2门榴弹炮。</p><p>2、普京：俄罗斯国内的通货膨胀已得到控制</p><p>俄罗斯总统普京表示，俄罗斯国内的通货膨胀已得到控制，他责令俄罗斯政府应当帮助经济部门渡过目前的难关。普京还称，外汇市场稳定，卢布走强允许放松资本管制。</p><p>3、俄防长绍伊古：俄军已经控制顿涅茨克和卢甘斯克大部分地区</p><p>俄罗斯国防部长绍伊古表示，俄军已经控制了斯维亚托戈尔斯克在内的顿涅茨克和卢甘斯克大部分地区，目前已完全控制了北顿涅茨克的居民区。</p><p>4、乌外交部：任何不考虑乌利益的解除对乌港口封锁的协议都将被拒绝</p><p>乌克兰外交部发表声明称，目前乌克兰、土耳其和俄罗斯之间没有就解除对乌克兰港口“封锁”问题达成协议。乌克兰强调，必须在所有相关方的参与下做出决定，任何不考虑乌克兰利益的协议都将被拒绝。</p><p>公司新闻</p><p>1、<a href=\"https://laohu8.com/NW/1189630255\" target=\"_blank\">燃爆！比亚迪市值超越大众 跻身全球前三</a></p><p>6月7日，全球车企市值最新排行榜显示，比亚迪超过大众汽车集团，排位跃升至第三名，总市值达1272.3亿美元。同时，比亚迪也是前10榜单中唯一的中国车企。</p><p>2、<a href=\"https://laohu8.com/NW/2241889712\" target=\"_blank\">收购推特交易再生变数？马斯克发起的融资谈判据称已被暂时搁置</a></p><p>据媒体援引消息人士报道，鉴于交易中的不确定性，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>CEO埃隆·马斯克为收购推特而进行的融资已被暂时搁置，直到收购交易的前景变得更加明朗。</p><p>3、<a href=\"https://laohu8.com/NW/2241027517\" target=\"_blank\">释放缓和情绪 墨西哥总统提及“尊重”赣锋锂业采矿许可</a></p><p>综合媒体报道，墨西哥总统安德列斯·曼努埃尔·洛佩斯·奥夫拉多尔(简称AMLO)对索诺拉锂矿的前景，给出了缓和气氛的评论。</p><p>周一在墨西哥国家宫举行的新闻发布会上，AMLO也被问及<a href=\"https://laohu8.com/S/01772\">赣锋锂业</a>墨西哥采矿权的问题，对此总统表示：“如果他们要求开采锂矿且(协议是)合理有序的，同时还会有一个勘探和生产项目，那么这些(权利)都会得到尊重。”</p><p>4、<a href=\"https://laohu8.com/NW/2241908004\" target=\"_blank\">IBM宣布退出俄罗斯市场，已暂停在俄所有业务</a></p><p>据今日俄罗斯报道，IBM当地时间6月7日宣布，由于俄乌冲突，公司将退出俄罗斯市场。公司首席执行官阿尔温德 克里希纳表示，已经暂停了在俄罗斯的所有业务。当天，公司的俄罗斯网站也显示，无法读取内容。报道称，3月初，IBM就宣布暂停在俄罗斯的商业活动，并终止了与俄军工企业的合作。</p><p>5、诺瓦瓦克斯：旗下新冠疫苗将由印度血清研究所生产</p><p>当地时间周二(6月7日)，诺瓦瓦克斯公司表示，如果获得授权，其新冠疫苗将由印度血清研究所(Serum Institute of India)生产。据《<a href=\"https://laohu8.com/S/NYT\">纽约时报</a>》报道，美国食品药品监督管理局(FDA)顾问周二建议批准诺瓦瓦克斯的新冠疫苗。</p><p>6、<a href=\"https://laohu8.com/NW/2241028097\" target=\"_blank\">亚马逊高管呼吁平台卖家反对美国反垄断立法，遭大多数卖家拒绝</a></p><p>美国国会很可能通过的科技行业反垄断改革正在引起亚马逊的担忧。该公司一名高管最近试图在互联网讨论版上游说第三方卖家，但遭到了大多数卖家的拒绝。许多卖家对亚马逊的立场提出异议，并表示他们打算支持新的立法。新立法将对美国的反垄断法进行彻底改革，限制大型科技公司的权利。</p><p>7、<a href=\"https://laohu8.com/S/603888\">新华网</a>与奥丁科技联合打造超写实<a href=\"https://laohu8.com/S/835670\">数字人</a>“筱竹”</p><p>近日，新华网首个超写实数字人——“筱竹”正式对外发布。 奥丁科技作为合作方，与新华网共同研发、制作了数字人“筱竹”。据介绍，新华网和奥丁科技达成原生数字人IP孵化合作，并启动数字人开发计划。未来新华网与奥丁将共建一系列以数字人为核心的原创IP。</p><p>8、<a href=\"https://laohu8.com/NW/1195127004\" target=\"_blank\">字节跳动考虑出售得物少数股份，估值超100亿美元</a></p><p>知情人士称，字节跳动公司正考虑出售潮鞋在线平台得物(Poizon)少数股权。字节跳动正在就出售较低个位数百分比股份展开谈判，更愿意出售给现有投资者。得物是上海识装信息科技有限公司推出的潮流网购社区，其估值超过100亿美元。得物网站显示，其月活跃用户超过1亿，<a href=\"https://laohu8.com/S/NKE\">耐克</a>、<a href=\"https://laohu8.com/S/0OLD.UK\">阿迪达斯</a>、任天堂是其品牌合作伙伴。</p><p>9、董明珠：格力今年不裁员，再招三五千大学生</p><p><a href=\"https://laohu8.com/S/000651\">格力电器</a>董事长兼总裁董明珠在年度股东大会上表示，格力坚持不裁员，而且今年还会再招3000到5000名大学毕业生。对于高翎入股，董明珠称绝对可以放心，投资者不需要有什么疑虑。董明珠同时表示，格力手机不比苹果差。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199236151","content_text":"摘要：①隔夜美股收高，三大指数均涨近1%；②美油收高0.77%，创三个月新高，布油涨0.89%，纽约黄金期货收高0.5%；③拜登宣布：美国进入能源紧急状态。④世行大幅下调今年经济增长预期至2.9%，警示滞涨风险上升。海外市场1、美股三大指数均涨近1% 能源股强劲：埃克森美孚、康菲石油涨超4%美股周二收高。美国国债收益率下降提振了市场情绪。市场仍在评估美国第二大零售商塔吉特发布的业绩预警。美国财长耶伦称，美国正面临“不可接受的通货膨胀水平”的挑战。截止收盘，纳指涨0.94%，道指涨0.8%，标普500指数涨0.95%。大型科技股普遍上涨，苹果涨1.76%，Meta涨0.72%，谷歌涨0.28%，微软涨1.40%，奈飞涨0.75%，亚马逊跌1.43%。能源股表现强劲，埃克森美孚、康菲石油涨超4%，斯伦贝谢涨超3%。2、热门中概股延续反弹势头拼多多涨超10%领跑热门中概股延续反弹势头，电商、在线教育、新能源车板块普涨。其中，拼多多涨超10%，阿里巴巴涨超5%；高途涨超16%，哔哩哔哩涨近10%，网易有道涨超9%；小鹏汽车涨超3%，蔚来、理想汽车涨超2%。3、欧股集体收跌德国DAX30指数跌0.67%欧股集体收跌，德国DAX30指数跌0.67%，英国富时100指数跌0.14%，法国CAC40指数跌0.74%，欧洲斯托克50指数跌0.87%。4、美国WTI原油周二收高0.77% 逼近120美元创三个月新高美国原油期货价格周二收高。市场仍在评估风险偏好与紧张的原油市场供应状况。最终，美油7月期货价格收涨0.77%，收于每桶119.41美元，刷新上周五所创的3月8日以来主力合约收盘高位。布伦特8月原油期货收涨0.89%，报120.57美元/桶，逼近上周二7月合约突破122美元所创的3月8日以来高位。5、纽约黄金期货周二收高0.5%纽约黄金期货价格周二收高。通胀担忧加剧了对贵金属的避险买盘，而且美国国债收益率下降则使金价获得进一步支撑。最终，纽约商品交易所8月交割的黄金期货收涨0.5%，报收于每盎司1852.10美元。国际宏观1、拜登宣布：美国进入能源紧急状态据环球网援引今日俄罗斯(RT)报道，美国总统拜登6日宣布美国进入能源紧急状态，称潜在的电力供应短缺已经危及到美国的国家安全和生活质量。RT称，拜登将出现这一危机的部分原因归咎于俄罗斯。报道称，拜登在紧急声明中说，“多种因素正在威胁美国提供足够电力，以满足预期的消费者需求的能力”，“这些因素包括俄罗斯‘入侵’乌克兰导致的能源市场中断，以及气候变化加剧的极端天气事件。”2、世行大幅下调今年经济增长预期至2.9% 警示滞涨风险上升当地时间周二(6月7日)，世界银行在其最新一期《全球经济展望》报告中大幅下调了今年全球增长预期，理由是俄乌冲突加剧了全球经济的放缓，许多国家面临经济衰退。3、耶伦为拜登经济政策辩护：高通胀遍布全球 皆因俄乌局势影响当地时间周二(6月7日)，美国财政部长耶伦在参议院财政委员会听证会上表示，美国通货膨胀居高不下，正处于“不可接受的水平”。耶伦说道：“尽管我非常希望通胀现在就下降，但我确实预计它还将保持在高位。”耶伦明日还将在众议院筹款委员会作证，讨论总统拜登的2023财年预算。她补充称，拜登总统预算要求中包含的美国4.7%的通货膨胀预测可能将被上调，“数字并没有被锁定，可能会更高。”这与她上周的一次演讲内容相呼应，当时她承认过去对“暂时性”通胀的看法是错误的。4、美联储预测模型显示美国经济或处于衰退边缘在周二发布的更新数据中，亚特兰大联储的GDPNow预测模型指向美国二季度的年化增长率仅为0.9%。GDPNow实时跟踪经济数据，并用其预测经济走向。该模型目前对二季度实际GDP增长(经季节性调整的年增长率)的预估为0.9%，低于6月1日的1.3%。连续两个季度GDP为负通常被认为是经济衰退。美国国家经济研究局表示，该经验法则通常是正确的，但并非总是如此。例如，2020年的经济衰退只出现了一个季度的负增长。5、美联储隔夜逆回购工具使用量激增至创纪录新高由于投资者仍在寻找安置短期现金的地方，美联储隔夜逆回购使用量再次达到历史高位。98位参与者进行了总计2.091万亿美元的逆回购操作，前高点是5月23日创下的2.045万亿美元。周二的数字比前一个交易日高出513亿美元。6、美国财政部扩大购买俄罗斯债券的禁令美国财政部颁布禁令，阻止美国投资者在二级市场购买俄罗斯债券，这是对现有政策的扩展。现有政策仅禁止购买新发行的俄罗斯政府债券和部分俄罗斯企业债券。7、黑田东彦重申维持宽松政策，美日续创20年新高日本央行行长黑田东彦表示，将以收益率曲线控制(YCC)为支柱，保持强有力的宽松政策。周二美元兑日元盘中一度站上133关口，续创20年新高.8、印尼调整棕榈油出口税以加速棕榈油出口印尼贸易部官员称，将毛棕榈油出口税(tax)的最大值提高至288美元/吨，将出口专项税(levy)的最大值降低至200美元/吨。此次调整旨在加速棕榈油出口。俄乌局势1、俄军：已控制大部分地区，摧毁2门美制榴弹炮据央视新闻消息，当地时间6月7日，俄罗斯国防部长绍伊古表示，俄军已经控制了斯维亚托戈尔斯克在内的顿涅茨克和卢甘斯克大部分地区，目前已完全控制了北顿涅茨克的居民区。此外，绍伊古称，自俄军2月24日在乌克兰发起特别军事行动以来，共有6489名乌军士兵投降。7日当天，俄罗斯国防部发言人科纳申科夫在新闻发布会上表示，俄军一天消灭乌军570多人，击落12架无人机，一天内摧毁挪威提供给乌克兰的一辆自行榴弹炮和美国提供的2门榴弹炮。2、普京：俄罗斯国内的通货膨胀已得到控制俄罗斯总统普京表示，俄罗斯国内的通货膨胀已得到控制，他责令俄罗斯政府应当帮助经济部门渡过目前的难关。普京还称，外汇市场稳定，卢布走强允许放松资本管制。3、俄防长绍伊古：俄军已经控制顿涅茨克和卢甘斯克大部分地区俄罗斯国防部长绍伊古表示，俄军已经控制了斯维亚托戈尔斯克在内的顿涅茨克和卢甘斯克大部分地区，目前已完全控制了北顿涅茨克的居民区。4、乌外交部：任何不考虑乌利益的解除对乌港口封锁的协议都将被拒绝乌克兰外交部发表声明称，目前乌克兰、土耳其和俄罗斯之间没有就解除对乌克兰港口“封锁”问题达成协议。乌克兰强调，必须在所有相关方的参与下做出决定，任何不考虑乌克兰利益的协议都将被拒绝。公司新闻1、燃爆！比亚迪市值超越大众 跻身全球前三6月7日，全球车企市值最新排行榜显示，比亚迪超过大众汽车集团，排位跃升至第三名，总市值达1272.3亿美元。同时，比亚迪也是前10榜单中唯一的中国车企。2、收购推特交易再生变数？马斯克发起的融资谈判据称已被暂时搁置据媒体援引消息人士报道，鉴于交易中的不确定性，特斯拉CEO埃隆·马斯克为收购推特而进行的融资已被暂时搁置，直到收购交易的前景变得更加明朗。3、释放缓和情绪 墨西哥总统提及“尊重”赣锋锂业采矿许可综合媒体报道，墨西哥总统安德列斯·曼努埃尔·洛佩斯·奥夫拉多尔(简称AMLO)对索诺拉锂矿的前景，给出了缓和气氛的评论。周一在墨西哥国家宫举行的新闻发布会上，AMLO也被问及赣锋锂业墨西哥采矿权的问题，对此总统表示：“如果他们要求开采锂矿且(协议是)合理有序的，同时还会有一个勘探和生产项目，那么这些(权利)都会得到尊重。”4、IBM宣布退出俄罗斯市场，已暂停在俄所有业务据今日俄罗斯报道，IBM当地时间6月7日宣布，由于俄乌冲突，公司将退出俄罗斯市场。公司首席执行官阿尔温德 克里希纳表示，已经暂停了在俄罗斯的所有业务。当天，公司的俄罗斯网站也显示，无法读取内容。报道称，3月初，IBM就宣布暂停在俄罗斯的商业活动，并终止了与俄军工企业的合作。5、诺瓦瓦克斯：旗下新冠疫苗将由印度血清研究所生产当地时间周二(6月7日)，诺瓦瓦克斯公司表示，如果获得授权，其新冠疫苗将由印度血清研究所(Serum Institute of India)生产。据《纽约时报》报道，美国食品药品监督管理局(FDA)顾问周二建议批准诺瓦瓦克斯的新冠疫苗。6、亚马逊高管呼吁平台卖家反对美国反垄断立法，遭大多数卖家拒绝美国国会很可能通过的科技行业反垄断改革正在引起亚马逊的担忧。该公司一名高管最近试图在互联网讨论版上游说第三方卖家，但遭到了大多数卖家的拒绝。许多卖家对亚马逊的立场提出异议，并表示他们打算支持新的立法。新立法将对美国的反垄断法进行彻底改革，限制大型科技公司的权利。7、新华网与奥丁科技联合打造超写实数字人“筱竹”近日，新华网首个超写实数字人——“筱竹”正式对外发布。 奥丁科技作为合作方，与新华网共同研发、制作了数字人“筱竹”。据介绍，新华网和奥丁科技达成原生数字人IP孵化合作，并启动数字人开发计划。未来新华网与奥丁将共建一系列以数字人为核心的原创IP。8、字节跳动考虑出售得物少数股份，估值超100亿美元知情人士称，字节跳动公司正考虑出售潮鞋在线平台得物(Poizon)少数股权。字节跳动正在就出售较低个位数百分比股份展开谈判，更愿意出售给现有投资者。得物是上海识装信息科技有限公司推出的潮流网购社区，其估值超过100亿美元。得物网站显示，其月活跃用户超过1亿，耐克、阿迪达斯、任天堂是其品牌合作伙伴。9、董明珠：格力今年不裁员，再招三五千大学生格力电器董事长兼总裁董明珠在年度股东大会上表示，格力坚持不裁员，而且今年还会再招3000到5000名大学毕业生。对于高翎入股，董明珠称绝对可以放心，投资者不需要有什么疑虑。董明珠同时表示，格力手机不比苹果差。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":617538883,"gmtCreate":1654500507347,"gmtModify":1704859523503,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a>&nbsp;so sad","listText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a>&nbsp;so sad","text":"$METAL COMPONENT ENGG LTD(5DX.SI)$ so sad","images":[{"img":"https://static.tigerbbs.com/09f4bd87078a4b9ad08b4fb21a58c0c9","width":"1080","height":"2984"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/617538883","isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":614610091,"gmtCreate":1653542632015,"gmtModify":1704857477135,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>&nbsp;&nbsp; well, i believe on singapore!&nbsp;","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>&nbsp;&nbsp; well, i believe on singapore!&nbsp;","text":"$GENTING SINGAPORE LIMITED(G13.SI)$ well, i believe on singapore!","images":[{"img":"https://static.tigerbbs.com/44926a633b21ea3b8b6bf19ef8db993e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/614610091","isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":632991934,"gmtCreate":1646188705652,"gmtModify":1646188705976,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>hahhahahahaha","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>hahhahahahaha","text":"$GENTING SINGAPORE LIMITED(G13.SI)$hahhahahahaha","images":[{"img":"https://static.tigerbbs.com/2887e1ee60d61df339c2a97b3b5b3a08","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/632991934","isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":632993696,"gmtCreate":1646188654702,"gmtModify":1646188655044,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Erm.. Hhaha","listText":"Erm.. Hhaha","text":"Erm.. Hhaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/632993696","repostId":"2108576110","repostType":4,"repost":{"id":"2108576110","pubTimestamp":1646139606,"share":"https://www.laohu8.com/m/news/2108576110?lang=&edition=full","pubTime":"2022-03-01 21:00","market":"sh","language":"zh","title":"如何摆脱“小赚大亏”的怪圈？仓位管理是关键","url":"https://stock-news.laohu8.com/highlight/detail?id=2108576110","media":"金十数据","summary":"很多交易者进入市场总会经历“小赚大亏”的阶段，资金曲线在这个阶段的表现也是小涨急跌，更有甚者会是一路下跌，没有任何反弹的迹象。那这样一个让人沮丧的阶段该如何度过呢？怎么打破在“小赚大亏”中资金被消磨殆","content":"<html><head></head><body><blockquote>很多交易者进入市场总会经历“小赚大亏”的阶段，资金曲线在这个阶段的表现也是小涨急跌，更有甚者会是一路下跌，没有任何反弹的迹象。那这样一个让人沮丧的阶段该如何度过呢？怎么打破在“小赚大亏”中资金被消磨殆尽的怪象？也许从仓位管理的角度可以给你一些启示。</blockquote><p>仓位管理通常也会被笼统的称之为“资金管理”，虽然这样的代指并不严谨，但在交易圈内很多时候是可以通用的。那什么才是仓位管理呢？顾名思义就是管理你手中的头寸。你的账户资金可以支撑的最大头寸数就是你的满仓状态，你实际持有的头寸数和满仓数的比例就是所谓的仓位占比。在百度百科里对于此的定义是：风险市场中，通过限制单次投入资金的比例来控制风险。</p><p>通过上面的表述，大家对“仓位管理”应该有一个较为准确的认知了，下面我们就从<b>仓位管理的必要性、仓位如何管理、仓位管理中的心态问题</b>三个方面来阐述应该如何从这一层面解决“小赚大亏”的问题。</p><p>一、仓位管理的重要性与必要性</p><p>研究仓位管理的前提一定是交易手法具有一致性，固定的使用一种或几种组合的形式参与市场，否则仓位管理就会失去其意义，这一点是需要说在前面的。其中的道理很简单，就像你在打扑克一样，每次弃牌和加注的标准应该一致，不然谁能说得准你会不会在赢得时候只加了很小的注，而在输的时候却下的是重注。</p><p>没有人可以准确的预测到市场在未来某个时刻会是怎样的一种状态，表现为怎么的一个价格。即使有人在短期内做到了，那也肯定是蒙的，在市场中搏杀不要相信任何一个号称自己可以预测行情的人。如此一来，市场的不确定性就显而易见的摆在我们面前，既然市场永远无法预测，那你还有理由把全部的资金用于头寸持有吗？</p><p>此时，你可能会说，不重仓持有怎么能博取足够的利润？有一点你需要注意，风险和利润是并存的，你放大了追逐利润的可能，与此同时也解开了束缚风险的绳索。尤其在新手阶段，没有办法保证胜率的情况下不加节制的投入资金无疑是爆仓最快的途径之一。</p><p>仓位管理是一个关于风险的防范措施，并不是你追逐利润的手段，这正像文章开头引用百度百科的那句话。很多成功的前辈也经常会告诉我们，只有在相当确定的情况下才能重仓，即使这样也是建立在提前做好止损准备的前提下。毕竟生存下来才是在市场中获利的重要支撑。</p><p>由此可以看出仓位管理在市场博弈中是必不可少的。在无法很好的解读市场信号，建立完善的交易系统之前投入较小的仓位尝试是永远不会错的。它虽然暂时无法让你摆脱“小赚”，但配合止损的仓位管理起码可以帮你截住“大亏”，这在交易的整个过程里都是一种标志性的胜利：你的资金终于不再大把的流出。</p><p>二、仓位如何管理？</p><p>前边说的这些如果是所谓的“世界观”，那这一部分我们来探讨一下仓位管理的“方法论”。首先有一点需要大家明白：仓位控制并不能解决胜率低的问题，它只是让交易者死的慢点，以便有足够的时间和机会去获取属于自己的那一波行情。由此可见，仓位管理不能单独来讨论，而是应该结合每个人交易的时间周期、心理承受能力和进出场依据。</p><p>比如趋势交易者通常胜率不会太高，但盈亏比却是相当的大。这就要求在进行趋势交易时要严格的控制仓位来降低试单成本，一旦试单成功出现盈利就要不断加仓来提升自己的盈亏比以弥补胜率低的弊端。而短线交易者是依靠高胜率配合低盈亏比来实现盈利的，所以他需要提高自己的资金利用率来保证盈利的尽量最大化，当然短线交易者的止损都是非常严格的，这就在另一个层面降低了重仓所带来的风险。</p><p>仓位管理的目的是斩断亏损，让利润奔跑，为了实现这一目的需要遵循一些原则：</p><p>1、永远都不要把你的全部资金投入市场。尤其在新手阶段或者长期处于“小赚大亏”的状态中时，把全部资金投入市场不仅会让亏损放大，也会在一定程度上影响交易者的心态。当然，短线交易者在止损坚决并且盈亏比合理的情况下可以尝试重仓出击，但务必保证同一标准的进场是开立相同的仓位，不然很有可能出现<a href=\"https://laohu8.com/S/06838\">盈利时</a>轻仓，亏损时重仓的尴尬局面。</p><p>2、在交易中出现偶然性的连续亏损是正常的，仓位管理必须保证在连续亏损后，剩余资金还可以开立相同手数的头寸。如果这一原则无法遵循，那就很有可能出现原本可以开100手单，连续几次亏损后就只能开立90手单了，90手的单量想要将资金打回原来的水平会比100手单更加艰难。</p><p>3、要有科学的加减仓策略。交易虽然在数学的角度来看是一个概率的游戏，但它绝不是一个静态的模型。时刻变化着的市场在我们一次入场后很可能会出现让我们加仓或者减仓的行情走势，这个时候你的胜率和盈亏比也在发生着变化，这就需要你的仓位管理包括加减仓的内容在其中。</p><p>那具体仓位管理有没有精确到数字上的通用法则呢？比如一定按照百分之多少的比例开仓，怎样的情况下按照几成的比例加仓或者减仓？很可惜，没有！在这一部分的开始就已经说过了，仓位管理是要结合个人的进出仓依据、心理承受能力来设计的，这里只能为你提供一种思路，大家需要根据自己的相关数据来进行完成仓位的管理策略。</p><p>那设定属于自己的仓位管理策略需要依据哪些数据或者参考项呢？我在这里做了如下统计，供诸位参考：</p><p>1、自己的风险偏好。你要确定你是激进型的还是保守型的，你每次可以接受的亏损是多少，这些亏损对应你交易系统中的止损点数又是多少，可以接受的亏损额比上止损点数就是你一个点可以承受的亏损数额，这些数额比上单手每点波动价格就是你单次入场开仓的手数了。</p><p>2、交易手法的胜率。你的仓位管理一定要结合交易手法所能提供的胜率来确定，这样才能保证正常比例的盈亏次数下你的资金可以挺过亏损的部分。</p><p>3、交易的风险报酬比，也就是所谓的盈亏比。胜率和盈亏比是一对双生子，这个在之前很多文章里我都有提到过。在胜率和盈亏比的配合下，你的仓位管理一定要是能抗得过交易中“最坏的时期”，不然你还没有走到自己交易系统中的黎明就已经惨死在黎明前的黑夜里了。</p><p>总之，仓位管理不是独立静态的部分，它是整个交易系统的组成部分。上面我们只讨论了仓位管理以及与之相关的各方面因素，但并不是说交易系统就仅仅如此。交易系统中的进出仓策略和仓位管理相辅相成，二者缺一不可。</p><p>三、仓位管理中的心态问题</p><p>前面两个部分分别告诉了大家仓位管理的“世界观”和“方法论”，接下来就是意识层面的问题了。在上面两个部分的问题没有解决好之前心态方面也必定是不能很好应对的。如果你的仓位管理已经从上述部分中有所启发，或是已经解决了之前的问题，那心态的问题就相对容易一些了。</p><p>在仓位管理中经常出现的心态无非就两种：赚钱时，要是我当初能满仓干就好了；亏钱时，要是我当初能轻仓试一试就好了。当然，也会有诸如要不要加仓？加仓赌一把吧！或者要不要减仓？算了，还是赶紧减仓跑路吧等心理状态，不过后者是前者的衍生品了。</p><p>在进行仓位管理时，最好的状态是自己完全按照已经设计好的管理模式去执行，没有任何的主观因素。这一点说起来容易，但实际做起来并没有那么简单，那该怎么办呢？</p><p>没有什么捷径，就是把仓位的管理策略和与之相匹配的交易系统中其他部分做的尽量详细，不给自己任何主观遐想的空间。</p><p>注意，这不是让你把交易系统做的错综复杂，而是告诉大家把尽量简单的交易系统做的尽量固定和仔细。比如某一项操作依据是一个区间性的，那就把这个区间变成确定的数值，亦或是尽量压缩区间的范围来寻找系统中的确定性，只有这样才能用规则把自己的心牢牢锁住。</p><p>不过，规则还是要靠纪律来完成执行的，所以，一定要遵守已经制定好的纪律，哪怕使用自我的奖惩机制。</p><p>关于仓位管理说到这里也即将结束了，希望大家从中可以收获一些关于仓位管理的思路，这对于大家的交易之路必将是有所裨益的。最后希望大家交易顺利，涨跌通吃。</p></body></html>","source":"xnew_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>如何摆脱“小赚大亏”的怪圈？仓位管理是关键</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\">\n如何摆脱“小赚大亏”的怪圈？仓位管理是关键\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-01 21:00 北京时间&nbsp;&nbsp;&nbsp;<a href=https://xnews.jin10.com/webapp/details.html?id=70226&type=news><strong>金十数据</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>很多交易者进入市场总会经历“小赚大亏”的阶段，资金曲线在这个阶段的表现也是小涨急跌，更有甚者会是一路下跌，没有任何反弹的迹象。那这样一个让人沮丧的阶段该如何度过呢？怎么打破在“小赚大亏”中资金被消磨殆尽的怪象？也许从仓位管理的角度可以给你一些启示。仓位管理通常也会被笼统的称之为“资金管理”，虽然这样的代指并不严谨，但在交易圈内很多时候是可以通用的。那什么才是仓位管理呢？顾名思义就是管理你手中的头寸...</p>\n\n<a href=\"https://xnews.jin10.com/webapp/details.html?id=70226&type=news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72c7a49848a200043090f96ed32f108","relate_stocks":{},"source_url":"https://xnews.jin10.com/webapp/details.html?id=70226&type=news","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108576110","content_text":"很多交易者进入市场总会经历“小赚大亏”的阶段，资金曲线在这个阶段的表现也是小涨急跌，更有甚者会是一路下跌，没有任何反弹的迹象。那这样一个让人沮丧的阶段该如何度过呢？怎么打破在“小赚大亏”中资金被消磨殆尽的怪象？也许从仓位管理的角度可以给你一些启示。仓位管理通常也会被笼统的称之为“资金管理”，虽然这样的代指并不严谨，但在交易圈内很多时候是可以通用的。那什么才是仓位管理呢？顾名思义就是管理你手中的头寸。你的账户资金可以支撑的最大头寸数就是你的满仓状态，你实际持有的头寸数和满仓数的比例就是所谓的仓位占比。在百度百科里对于此的定义是：风险市场中，通过限制单次投入资金的比例来控制风险。通过上面的表述，大家对“仓位管理”应该有一个较为准确的认知了，下面我们就从仓位管理的必要性、仓位如何管理、仓位管理中的心态问题三个方面来阐述应该如何从这一层面解决“小赚大亏”的问题。一、仓位管理的重要性与必要性研究仓位管理的前提一定是交易手法具有一致性，固定的使用一种或几种组合的形式参与市场，否则仓位管理就会失去其意义，这一点是需要说在前面的。其中的道理很简单，就像你在打扑克一样，每次弃牌和加注的标准应该一致，不然谁能说得准你会不会在赢得时候只加了很小的注，而在输的时候却下的是重注。没有人可以准确的预测到市场在未来某个时刻会是怎样的一种状态，表现为怎么的一个价格。即使有人在短期内做到了，那也肯定是蒙的，在市场中搏杀不要相信任何一个号称自己可以预测行情的人。如此一来，市场的不确定性就显而易见的摆在我们面前，既然市场永远无法预测，那你还有理由把全部的资金用于头寸持有吗？此时，你可能会说，不重仓持有怎么能博取足够的利润？有一点你需要注意，风险和利润是并存的，你放大了追逐利润的可能，与此同时也解开了束缚风险的绳索。尤其在新手阶段，没有办法保证胜率的情况下不加节制的投入资金无疑是爆仓最快的途径之一。仓位管理是一个关于风险的防范措施，并不是你追逐利润的手段，这正像文章开头引用百度百科的那句话。很多成功的前辈也经常会告诉我们，只有在相当确定的情况下才能重仓，即使这样也是建立在提前做好止损准备的前提下。毕竟生存下来才是在市场中获利的重要支撑。由此可以看出仓位管理在市场博弈中是必不可少的。在无法很好的解读市场信号，建立完善的交易系统之前投入较小的仓位尝试是永远不会错的。它虽然暂时无法让你摆脱“小赚”，但配合止损的仓位管理起码可以帮你截住“大亏”，这在交易的整个过程里都是一种标志性的胜利：你的资金终于不再大把的流出。二、仓位如何管理？前边说的这些如果是所谓的“世界观”，那这一部分我们来探讨一下仓位管理的“方法论”。首先有一点需要大家明白：仓位控制并不能解决胜率低的问题，它只是让交易者死的慢点，以便有足够的时间和机会去获取属于自己的那一波行情。由此可见，仓位管理不能单独来讨论，而是应该结合每个人交易的时间周期、心理承受能力和进出场依据。比如趋势交易者通常胜率不会太高，但盈亏比却是相当的大。这就要求在进行趋势交易时要严格的控制仓位来降低试单成本，一旦试单成功出现盈利就要不断加仓来提升自己的盈亏比以弥补胜率低的弊端。而短线交易者是依靠高胜率配合低盈亏比来实现盈利的，所以他需要提高自己的资金利用率来保证盈利的尽量最大化，当然短线交易者的止损都是非常严格的，这就在另一个层面降低了重仓所带来的风险。仓位管理的目的是斩断亏损，让利润奔跑，为了实现这一目的需要遵循一些原则：1、永远都不要把你的全部资金投入市场。尤其在新手阶段或者长期处于“小赚大亏”的状态中时，把全部资金投入市场不仅会让亏损放大，也会在一定程度上影响交易者的心态。当然，短线交易者在止损坚决并且盈亏比合理的情况下可以尝试重仓出击，但务必保证同一标准的进场是开立相同的仓位，不然很有可能出现盈利时轻仓，亏损时重仓的尴尬局面。2、在交易中出现偶然性的连续亏损是正常的，仓位管理必须保证在连续亏损后，剩余资金还可以开立相同手数的头寸。如果这一原则无法遵循，那就很有可能出现原本可以开100手单，连续几次亏损后就只能开立90手单了，90手的单量想要将资金打回原来的水平会比100手单更加艰难。3、要有科学的加减仓策略。交易虽然在数学的角度来看是一个概率的游戏，但它绝不是一个静态的模型。时刻变化着的市场在我们一次入场后很可能会出现让我们加仓或者减仓的行情走势，这个时候你的胜率和盈亏比也在发生着变化，这就需要你的仓位管理包括加减仓的内容在其中。那具体仓位管理有没有精确到数字上的通用法则呢？比如一定按照百分之多少的比例开仓，怎样的情况下按照几成的比例加仓或者减仓？很可惜，没有！在这一部分的开始就已经说过了，仓位管理是要结合个人的进出仓依据、心理承受能力来设计的，这里只能为你提供一种思路，大家需要根据自己的相关数据来进行完成仓位的管理策略。那设定属于自己的仓位管理策略需要依据哪些数据或者参考项呢？我在这里做了如下统计，供诸位参考：1、自己的风险偏好。你要确定你是激进型的还是保守型的，你每次可以接受的亏损是多少，这些亏损对应你交易系统中的止损点数又是多少，可以接受的亏损额比上止损点数就是你一个点可以承受的亏损数额，这些数额比上单手每点波动价格就是你单次入场开仓的手数了。2、交易手法的胜率。你的仓位管理一定要结合交易手法所能提供的胜率来确定，这样才能保证正常比例的盈亏次数下你的资金可以挺过亏损的部分。3、交易的风险报酬比，也就是所谓的盈亏比。胜率和盈亏比是一对双生子，这个在之前很多文章里我都有提到过。在胜率和盈亏比的配合下，你的仓位管理一定要是能抗得过交易中“最坏的时期”，不然你还没有走到自己交易系统中的黎明就已经惨死在黎明前的黑夜里了。总之，仓位管理不是独立静态的部分，它是整个交易系统的组成部分。上面我们只讨论了仓位管理以及与之相关的各方面因素，但并不是说交易系统就仅仅如此。交易系统中的进出仓策略和仓位管理相辅相成，二者缺一不可。三、仓位管理中的心态问题前面两个部分分别告诉了大家仓位管理的“世界观”和“方法论”，接下来就是意识层面的问题了。在上面两个部分的问题没有解决好之前心态方面也必定是不能很好应对的。如果你的仓位管理已经从上述部分中有所启发，或是已经解决了之前的问题，那心态的问题就相对容易一些了。在仓位管理中经常出现的心态无非就两种：赚钱时，要是我当初能满仓干就好了；亏钱时，要是我当初能轻仓试一试就好了。当然，也会有诸如要不要加仓？加仓赌一把吧！或者要不要减仓？算了，还是赶紧减仓跑路吧等心理状态，不过后者是前者的衍生品了。在进行仓位管理时，最好的状态是自己完全按照已经设计好的管理模式去执行，没有任何的主观因素。这一点说起来容易，但实际做起来并没有那么简单，那该怎么办呢？没有什么捷径，就是把仓位的管理策略和与之相匹配的交易系统中其他部分做的尽量详细，不给自己任何主观遐想的空间。注意，这不是让你把交易系统做的错综复杂，而是告诉大家把尽量简单的交易系统做的尽量固定和仔细。比如某一项操作依据是一个区间性的，那就把这个区间变成确定的数值，亦或是尽量压缩区间的范围来寻找系统中的确定性，只有这样才能用规则把自己的心牢牢锁住。不过，规则还是要靠纪律来完成执行的，所以，一定要遵守已经制定好的纪律，哪怕使用自我的奖惩机制。关于仓位管理说到这里也即将结束了，希望大家从中可以收获一些关于仓位管理的思路，这对于大家的交易之路必将是有所裨益的。最后希望大家交易顺利，涨跌通吃。","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638254103,"gmtCreate":1645404916542,"gmtModify":1645404916869,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[shy]&nbsp;","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[shy]&nbsp;","text":"$GENTING SINGAPORE LIMITED(G13.SI)$[shy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638254103","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638254362,"gmtCreate":1645404882159,"gmtModify":1645404882476,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Erm","listText":"Erm","text":"Erm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638254362","repostId":"1145113098","repostType":4,"repost":{"id":"1145113098","pubTimestamp":1645265827,"share":"https://www.laohu8.com/m/news/1145113098?lang=&edition=full","pubTime":"2022-02-19 18:17","market":"us","language":"zh","title":"谁在交易通胀？","url":"https://stock-news.laohu8.com/highlight/detail?id=1145113098","media":"远川投资评论","summary":"“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不","content":"<html><head></head><body><p>“不好意思，我们要提价1元了。”</p><p>在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“<b>五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨</b>，希望17块的幽兰拿铁不会影响你点奶茶的心情。”</p><p>茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及<a href=\"https://laohu8.com/S/603711\">香飘飘</a>等消费品中蔓延开来，这也意味着原油、铝、锡、<a href=\"https://laohu8.com/S/000061\">农产品</a>等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，100块的贺岁档电影票也没那么不合理了。</p><p>所有的涨价，都把矛头指向了最近二级市场讨论火爆的通胀预期。</p><p>而这也是全人类共同面临的问题—<b>美国1月通胀率升至7.5%，创下了40年来的新高</b>。这也引得，高盛集团预测美联储2022年将加息七次。</p><p>加息的鬼故事夜来风雨声，加上俄乌冲突的助燃，引得全球市场股票大跌，国内创业板指数年初跌幅高达17%，此前风靡的赛道投资在风声鹤唳中似乎到了最危险的境地。</p><p><img src=\"https://static.tigerbbs.com/a6f2ea8f645f2fdf8a633414eef2a11a\" tg-width=\"1080\" tg-height=\"788\" referrerpolicy=\"no-referrer\"/></p><p>美国通胀达到1982年水平</p><p>正所谓通胀之下无牛市。</p><p>在疫情的滔天大水下，面对成本端价格高企，各国央行有着“收水”的预期，股市信心脆弱。而全球成长股刚经历了一轮结构性的大牛市，通胀也绷紧了各国投资者的神经。</p><p>在这个关键时点，不少海外明星基金经理发表了对通胀的看法，之中的预判也一定程度影响了他们的持仓，有的“意见领袖”甚至能影响后续的市场，观点交锋尤为精彩。</p><p>笔者精选了几位“新晋巴菲特”的分享，希望对大家的宏观研判有所帮助。</p><p><b>01、“英国巴菲特”：商品通胀不等于零售价格通胀</b></p><p>“英国巴菲特”特里·史密斯（Terry Smith），不同于“女巴菲特”木头姐与老巴风格大相径庭，管理260亿美元Fundsmith的他是一个实打实的价值投资者，具有著名的三步投资策略“<b>购买好公司-不支付过高的价格-什么都不做</b>”。</p><p>不过最近他并不走运，因持仓股Paypal与Meta财报不及预期，Smith今年年初基金跌幅逾10%。</p><p><img src=\"https://static.tigerbbs.com/b973733af4ebf53e97189af0e24b3274\" tg-width=\"634\" tg-height=\"374\" referrerpolicy=\"no-referrer\"/></p><p>Terry Smith业绩表现</p><p>Smith对通胀的观点如下：</p><p>通货膨胀的存在毋庸置疑，11月，德国的批发价格同比增长16.6%，西班牙PPI高达33.1%，而这些数据只是冰山一角。</p><p>不难看出通胀的潜在原因：在次贷危机后，央行通过量化宽松扩大资产负债表，随后又出台了巨额财政和货币刺激措施，以应对疫情的影响。鉴于货币供应的增长速度远远超过了商品和服务生产的增长速度，这些商品和服务的价格肯定会被抬高，<b>事实上，通胀也必然随之而来。</b></p><p>然而，<b>这忽略了方程式中另一个重要因素——货币流通速度</b>。人们更倾向于存钱还是花钱？储蓄率在信贷危机后，疫情期间再次跃升，或许是人们谨慎消费，亦或是消费机会减少。目前旅游板块回到了危机前的水平，所以<b>我们已经具备了让通胀飙升的所有因素。</b></p><p>在这一点上，人们很可能会感到困惑，特别是考虑到“当局”在信贷危机十年中，大部分时间都在产生通胀，以抵消信用危机的影响。但是要小心控制进度，这像点篝火，如果你浇上汽油，从本来没有火苗到发出一声“嗖”的巨响，你会发现把花园的栅栏也点着了。当通货膨胀发生时，它可能会超出你的想象。</p><p><img src=\"https://static.tigerbbs.com/41f18106669a53ee74eb50349d5251cb\" tg-width=\"865\" tg-height=\"545\" referrerpolicy=\"no-referrer\"/></p><p>Terry Smith认为商品的通胀不一定等于零售价格通胀，<b>商品价格与CPI没有明显相关性，</b>原因在于消费者不直接购买大宗商品。西班牙PPI上涨33%，其中能源价格上涨88%，金属上涨48%，纸制品上涨16%，而食品仅上涨8.3%。</p><p>因此，投入成本通胀最初影响的是企业利润，而不是消费品价格。<b>一个公司毛利率越高，就越能免受通胀影响</b>。就股票而言，估值越高受通胀影响就越大，这就是为什么亏损的科技股最近表现的如此疲软的原因，可能还有别的——例如越来越多的人意识到自己投资的是商业模式，而不是公司。</p><p>然而，我买的公司毛利率超过60%，从基本面看他们更有能力抵御通胀。</p><p><b>02、“女巴菲特”：通胀证伪，持仓处于深度价值领域</b></p><p>通胀预期的头号受害者，刚经历了腰斩的木头姐凯西·伍德（Cathie Wood），在方舟投资的年度报告中对通胀做了<b>意念否定</b>，以下为木头姐的观点摘要：</p><p>市场从成长股转向价值和防御性股票。<b>这种轮换的主要原因是担心通胀，不是与供应链瓶颈相关的短期问题，而是对新冠及其过度货币和财政政策反应的结果</b>。通胀往往有利于价值股，特别是能源、金融服务、工业和材料领域。</p><p>与此同时，通过提高贴现率和降低未来现金流现值，更高的利率往往会损害成长型股票。2021年11月，美联储主席鲍威尔提出，通胀可能不是“暂时”的。在今年的衰退中，创新型企业的税收流失，也给了投资者更多规避这些公司的理由。</p><p>但是，供应链瓶颈已经持续了比我们预期更长的时间，尤其密歇根大学消费者信心指数已经下降到新冠危机最低点时的程度。随着2020年春季刺激支出将储蓄率膨胀至33%,消费品支出飙升，压倒了将要倒闭的企业。新冠之前，企业处于避险模式，不仅是因为中美贸易紧张，也是因为2019年夏末收益率曲线的反转。</p><p>随着企业在2020年初关闭，一些消费者转而使用政府补贴来“囤积”商品，提高居民家庭的“库存”水平。在一些供应链问题加剧的情况下，消费者在年初开始购物，并担心货架会空空如也，这导致在去年11月将CPI推高到6.8%。与此同时，美国消费者储蓄率降至8%以下，这是新冠前的水平，为未来的消费留下更少的空间，</p><p>因此，在未来3-6个月，<b>随着供应链瓶颈的消除，消费增长可能大幅放缓，这可能会给企业带来过剩的库存</b>。如果我们是正确的，市场未来可能会更多关注美国经济衰退的风险、新兴市场经济体减速，<b>以及潜在的令人惊讶的通胀下降。</b></p><p>一些大宗商品价格已经开始暴跌：铁矿石价格下跌了36%，而波罗的海干散货运价指数下跌了39%，DRAM价格下跌了27%，美国木材价格下跌了35%。就连石油价格，也下跌了15%（注：2个月前数据）。</p><p>通常，在经济放缓时，新技术的应用普及会加快，因为相关企业和消费品更愿意改变行为，他们现在看到的许多技术领先者似乎都已经处于深度价值领域。</p><p><b>03、“小巴菲特”：押注通胀就是押注人们的聪明才智</b></p><p>《安全边际》的作者，被称为“小巴菲特”的塞斯·卡拉曼(Seth Klarman)，管理着波士顿300亿美元规模的Baupost集团，最近发表了对通胀的看法：</p><p>商品价格在2021年飙升，原因是美国的商品价格通胀。2019年前的十年里，平均增长率为1.8%，而这一年急剧加速，石油一度上涨到每桶80美元以上，一些市场石油价格一度达到每加仑5美元。运输成本也飙升，11月CPI上涨6.8%，创造39年新高。</p><p>这个数字可能低估了美国人所经历的通胀，因为记录这个数字的方法片面，尤其是在房屋拥有成本方面。欧盟的通胀率达到了4.9%，为24年来最高水平。</p><p>起初似乎认为当前一连串价格上涨是暂时的，但后续美联储停止了这种说法，加快缩减债券购买的速度，并暗示2022年加息三次，短期利率走高。显然，美联储已经从一心关注就业转向对抗通胀，这是当今市场未预见的。</p><p>至于未来的通胀，争论双方都有很好的论据。</p><p>一方观点是，导致持续通缩的全球化正在倒退，工资水平正在下降，美联储可能会被迫保持低利率，这将持续刺激消费需求，同时鼓舞着市场投机。</p><p>另一方观点是，前所未有的经济刺激已经结束，世界最大经济体高债务和老龄化是通缩力量，近几个月表现最好的商品从高点回落。我们处于这个经济周期的后期，经济低迷有助于消除通胀的力量，<b>而且源源不断的技术进步可能会产生通缩影响。</b></p><p>用市场策略师大卫·罗森伯格的话说：“<b>押注通胀就是押注人类的聪明才智。</b>”</p><p>就核心而言，通货膨胀既是一种心理现象，也是一种货币现象。通胀上升预期会导致人们和企业改变他们的决策。例如，他们可能会囤积库存以预期价格进一步上涨，这可能会反过来更快推动上涨。</p><p>事实上，通胀预期已经在急剧上升。供给方在疫情中伤痕累累，而财政过度刺激确保需求强劲和增长。</p><p><b>我们不知道当前通胀有多糟，但我们认为不断上升的通胀和大幅提高利率可能对市场构成真正的危险。所以，我们购买了这种环境下可以获利的对冲。</b></p><p><b>04、“下一个巴菲特”：通胀不会像彗星一样摧毁地球</b></p><p>由于2008年之前创造了12年年化25%的收益，大卫·霍恩（DavidEinhorn）被称为“下一个巴菲特”。但后来做空<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>亏损严重，以至于被马斯克寄一箱短裤（注：英文short有做空和短裤双重释义）。</p><p>去年四季度，霍恩的绿光资本（Greenlight Capital）开始交易通胀，积累了1000美元的特斯拉看跌期权，并且重仓了地产及周期公司，收获18.6%的收益。</p><p><img src=\"https://static.tigerbbs.com/226f55b98f49bf5c9ae9052c768c2f37\" tg-width=\"1080\" tg-height=\"648\" referrerpolicy=\"no-referrer\"/></p><p>大卫·霍恩收到马斯克寄来的短裤</p><p>本轮交易的成功也源自于他四季度的预判：鲍威尔是否认为只要注意到通胀就会消失？</p><p>当然，整个游戏都是为了支持市场，这也是大多数投资者所期望的。<b>当派对变得疯狂时，美联储不会拿走酒杯。相反，当一方要抢夺时，他只会带着更大的冲击力回来。</b>这就是为什么现在许多人担心美联储可能会因收紧正在减速的通胀而犯下严重的政策错误。一些人认为，<b>即使是单次收紧也是错误的。</b></p><p>我们认为，通胀问题是如此根深蒂固，以至于美联储要想成功应对它，就必须牺牲金融市场的首要地位。我们不知道美联储是否会通过始终落后于曲线来容忍通胀，或者让经济状况收紧到放缓的地步，也许更重要的是，美联储会被指责为经济放缓的罪魁祸首。</p><p>事实上，经济和劳动力市场是过热的，商品市场变得越来越紧俏。尽管政界人士对 80 美元的石油和 6 美元的玉米表示担忧，但这两种关键原材料可能会大幅上涨。仅仅停止印钞并逐步提高利率以保持股市支撑，似乎不太可能将通胀率回落到 2% 以下。</p><p><b>而且劳动力短缺的驱动因素之一是年轻投机者的账面浮盈，他们宁愿“在家交易”也不愿找工作，让他们重新审视这种想法可能需要一个严重的熊市。</b></p><p>这一切都让我们想起了Netflix电影《不要抬头》，当真正解决问题时，我们的领导人并不认真。</p><p><b>通货膨胀不会像彗星一样摧毁地球</b>。然而，由于央行宽松的货币政策与全球 ESG 举措相结合时，世界上的穷人面临冻死和挨饿的风险。在一些地方，这正在造成动荡。</p><p>最终，我们相信通胀终将衰退，无论美联储选择做什么，必需品价格的上涨最终会导致低收入消费者减少购买其他东西，有迹象表明这已经在发生。</p><p><b>05、“Baby巴菲特”：美联储失去了通胀斗士的信誉</b></p><p>在疫情期间以2700万美元赢得26亿美元的比尔·阿克曼（Bill Ackman）被人们封为“战神”，在此之前福布斯封面将他称为 “Baby Buffett”。他的潘兴广场资本（Pershing Square Capital Management）经历了大起大落，从规模最高的200亿美元缩水到70亿美元，如今这匹华尔街之狼收复了规模。</p><p><img src=\"https://static.tigerbbs.com/0662176b531c196c9c4cf19b4dd0b7a0\" tg-width=\"688\" tg-height=\"899\" referrerpolicy=\"no-referrer\"/></p><p>阿克曼登上福布斯封面故事：Baby Buffett</p><p>在去年，阿克曼做空较短期限的美国国债及部分十年期债券，这1.7亿美元的期权赌注，后来价值约10亿美元[1]。</p><p>阿克曼利用疫情和通胀彻底翻身，最近也在推特发表了对于通胀的看法：</p><p>虽然传统观念认为美联储今年会加息3-4次缓解通胀，市场预计加息25个基点。但美联储失去了作为通胀斗士的公信力，正在逐步输掉通胀战争，给脆弱的人带来痛苦的打击，因此3-4次加息是否足够？</p><p><b>我认为美联储可以通过加息50个基点的意外举措来恢复其信誉，甚至震慑市场，以表决心。</b>加息50个基点的初始举措将产生降低通胀的反身性，这将缓解未来更加激进或者令经济承担更痛苦措施的需求。</p><p>戏剧的是在鬼故事把美股吓崩之后，阿克曼顺势抄底了310万股Netflix的股票。</p></body></html>","source":"lsy1583835599575","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>谁在交易通胀？</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\">\n谁在交易通胀？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-19 18:17 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ><strong>远川投资评论</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不会影响你点奶茶的心情。”茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及香飘飘等消费品中蔓延开来，这也意味着原油、铝、锡、农产品等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145113098","content_text":"“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不会影响你点奶茶的心情。”茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及香飘飘等消费品中蔓延开来，这也意味着原油、铝、锡、农产品等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，100块的贺岁档电影票也没那么不合理了。所有的涨价，都把矛头指向了最近二级市场讨论火爆的通胀预期。而这也是全人类共同面临的问题—美国1月通胀率升至7.5%，创下了40年来的新高。这也引得，高盛集团预测美联储2022年将加息七次。加息的鬼故事夜来风雨声，加上俄乌冲突的助燃，引得全球市场股票大跌，国内创业板指数年初跌幅高达17%，此前风靡的赛道投资在风声鹤唳中似乎到了最危险的境地。美国通胀达到1982年水平正所谓通胀之下无牛市。在疫情的滔天大水下，面对成本端价格高企，各国央行有着“收水”的预期，股市信心脆弱。而全球成长股刚经历了一轮结构性的大牛市，通胀也绷紧了各国投资者的神经。在这个关键时点，不少海外明星基金经理发表了对通胀的看法，之中的预判也一定程度影响了他们的持仓，有的“意见领袖”甚至能影响后续的市场，观点交锋尤为精彩。笔者精选了几位“新晋巴菲特”的分享，希望对大家的宏观研判有所帮助。01、“英国巴菲特”：商品通胀不等于零售价格通胀“英国巴菲特”特里·史密斯（Terry Smith），不同于“女巴菲特”木头姐与老巴风格大相径庭，管理260亿美元Fundsmith的他是一个实打实的价值投资者，具有著名的三步投资策略“购买好公司-不支付过高的价格-什么都不做”。不过最近他并不走运，因持仓股Paypal与Meta财报不及预期，Smith今年年初基金跌幅逾10%。Terry Smith业绩表现Smith对通胀的观点如下：通货膨胀的存在毋庸置疑，11月，德国的批发价格同比增长16.6%，西班牙PPI高达33.1%，而这些数据只是冰山一角。不难看出通胀的潜在原因：在次贷危机后，央行通过量化宽松扩大资产负债表，随后又出台了巨额财政和货币刺激措施，以应对疫情的影响。鉴于货币供应的增长速度远远超过了商品和服务生产的增长速度，这些商品和服务的价格肯定会被抬高，事实上，通胀也必然随之而来。然而，这忽略了方程式中另一个重要因素——货币流通速度。人们更倾向于存钱还是花钱？储蓄率在信贷危机后，疫情期间再次跃升，或许是人们谨慎消费，亦或是消费机会减少。目前旅游板块回到了危机前的水平，所以我们已经具备了让通胀飙升的所有因素。在这一点上，人们很可能会感到困惑，特别是考虑到“当局”在信贷危机十年中，大部分时间都在产生通胀，以抵消信用危机的影响。但是要小心控制进度，这像点篝火，如果你浇上汽油，从本来没有火苗到发出一声“嗖”的巨响，你会发现把花园的栅栏也点着了。当通货膨胀发生时，它可能会超出你的想象。Terry Smith认为商品的通胀不一定等于零售价格通胀，商品价格与CPI没有明显相关性，原因在于消费者不直接购买大宗商品。西班牙PPI上涨33%，其中能源价格上涨88%，金属上涨48%，纸制品上涨16%，而食品仅上涨8.3%。因此，投入成本通胀最初影响的是企业利润，而不是消费品价格。一个公司毛利率越高，就越能免受通胀影响。就股票而言，估值越高受通胀影响就越大，这就是为什么亏损的科技股最近表现的如此疲软的原因，可能还有别的——例如越来越多的人意识到自己投资的是商业模式，而不是公司。然而，我买的公司毛利率超过60%，从基本面看他们更有能力抵御通胀。02、“女巴菲特”：通胀证伪，持仓处于深度价值领域通胀预期的头号受害者，刚经历了腰斩的木头姐凯西·伍德（Cathie Wood），在方舟投资的年度报告中对通胀做了意念否定，以下为木头姐的观点摘要：市场从成长股转向价值和防御性股票。这种轮换的主要原因是担心通胀，不是与供应链瓶颈相关的短期问题，而是对新冠及其过度货币和财政政策反应的结果。通胀往往有利于价值股，特别是能源、金融服务、工业和材料领域。与此同时，通过提高贴现率和降低未来现金流现值，更高的利率往往会损害成长型股票。2021年11月，美联储主席鲍威尔提出，通胀可能不是“暂时”的。在今年的衰退中，创新型企业的税收流失，也给了投资者更多规避这些公司的理由。但是，供应链瓶颈已经持续了比我们预期更长的时间，尤其密歇根大学消费者信心指数已经下降到新冠危机最低点时的程度。随着2020年春季刺激支出将储蓄率膨胀至33%,消费品支出飙升，压倒了将要倒闭的企业。新冠之前，企业处于避险模式，不仅是因为中美贸易紧张，也是因为2019年夏末收益率曲线的反转。随着企业在2020年初关闭，一些消费者转而使用政府补贴来“囤积”商品，提高居民家庭的“库存”水平。在一些供应链问题加剧的情况下，消费者在年初开始购物，并担心货架会空空如也，这导致在去年11月将CPI推高到6.8%。与此同时，美国消费者储蓄率降至8%以下，这是新冠前的水平，为未来的消费留下更少的空间，因此，在未来3-6个月，随着供应链瓶颈的消除，消费增长可能大幅放缓，这可能会给企业带来过剩的库存。如果我们是正确的，市场未来可能会更多关注美国经济衰退的风险、新兴市场经济体减速，以及潜在的令人惊讶的通胀下降。一些大宗商品价格已经开始暴跌：铁矿石价格下跌了36%，而波罗的海干散货运价指数下跌了39%，DRAM价格下跌了27%，美国木材价格下跌了35%。就连石油价格，也下跌了15%（注：2个月前数据）。通常，在经济放缓时，新技术的应用普及会加快，因为相关企业和消费品更愿意改变行为，他们现在看到的许多技术领先者似乎都已经处于深度价值领域。03、“小巴菲特”：押注通胀就是押注人们的聪明才智《安全边际》的作者，被称为“小巴菲特”的塞斯·卡拉曼(Seth Klarman)，管理着波士顿300亿美元规模的Baupost集团，最近发表了对通胀的看法：商品价格在2021年飙升，原因是美国的商品价格通胀。2019年前的十年里，平均增长率为1.8%，而这一年急剧加速，石油一度上涨到每桶80美元以上，一些市场石油价格一度达到每加仑5美元。运输成本也飙升，11月CPI上涨6.8%，创造39年新高。这个数字可能低估了美国人所经历的通胀，因为记录这个数字的方法片面，尤其是在房屋拥有成本方面。欧盟的通胀率达到了4.9%，为24年来最高水平。起初似乎认为当前一连串价格上涨是暂时的，但后续美联储停止了这种说法，加快缩减债券购买的速度，并暗示2022年加息三次，短期利率走高。显然，美联储已经从一心关注就业转向对抗通胀，这是当今市场未预见的。至于未来的通胀，争论双方都有很好的论据。一方观点是，导致持续通缩的全球化正在倒退，工资水平正在下降，美联储可能会被迫保持低利率，这将持续刺激消费需求，同时鼓舞着市场投机。另一方观点是，前所未有的经济刺激已经结束，世界最大经济体高债务和老龄化是通缩力量，近几个月表现最好的商品从高点回落。我们处于这个经济周期的后期，经济低迷有助于消除通胀的力量，而且源源不断的技术进步可能会产生通缩影响。用市场策略师大卫·罗森伯格的话说：“押注通胀就是押注人类的聪明才智。”就核心而言，通货膨胀既是一种心理现象，也是一种货币现象。通胀上升预期会导致人们和企业改变他们的决策。例如，他们可能会囤积库存以预期价格进一步上涨，这可能会反过来更快推动上涨。事实上，通胀预期已经在急剧上升。供给方在疫情中伤痕累累，而财政过度刺激确保需求强劲和增长。我们不知道当前通胀有多糟，但我们认为不断上升的通胀和大幅提高利率可能对市场构成真正的危险。所以，我们购买了这种环境下可以获利的对冲。04、“下一个巴菲特”：通胀不会像彗星一样摧毁地球由于2008年之前创造了12年年化25%的收益，大卫·霍恩（DavidEinhorn）被称为“下一个巴菲特”。但后来做空特斯拉亏损严重，以至于被马斯克寄一箱短裤（注：英文short有做空和短裤双重释义）。去年四季度，霍恩的绿光资本（Greenlight Capital）开始交易通胀，积累了1000美元的特斯拉看跌期权，并且重仓了地产及周期公司，收获18.6%的收益。大卫·霍恩收到马斯克寄来的短裤本轮交易的成功也源自于他四季度的预判：鲍威尔是否认为只要注意到通胀就会消失？当然，整个游戏都是为了支持市场，这也是大多数投资者所期望的。当派对变得疯狂时，美联储不会拿走酒杯。相反，当一方要抢夺时，他只会带着更大的冲击力回来。这就是为什么现在许多人担心美联储可能会因收紧正在减速的通胀而犯下严重的政策错误。一些人认为，即使是单次收紧也是错误的。我们认为，通胀问题是如此根深蒂固，以至于美联储要想成功应对它，就必须牺牲金融市场的首要地位。我们不知道美联储是否会通过始终落后于曲线来容忍通胀，或者让经济状况收紧到放缓的地步，也许更重要的是，美联储会被指责为经济放缓的罪魁祸首。事实上，经济和劳动力市场是过热的，商品市场变得越来越紧俏。尽管政界人士对 80 美元的石油和 6 美元的玉米表示担忧，但这两种关键原材料可能会大幅上涨。仅仅停止印钞并逐步提高利率以保持股市支撑，似乎不太可能将通胀率回落到 2% 以下。而且劳动力短缺的驱动因素之一是年轻投机者的账面浮盈，他们宁愿“在家交易”也不愿找工作，让他们重新审视这种想法可能需要一个严重的熊市。这一切都让我们想起了Netflix电影《不要抬头》，当真正解决问题时，我们的领导人并不认真。通货膨胀不会像彗星一样摧毁地球。然而，由于央行宽松的货币政策与全球 ESG 举措相结合时，世界上的穷人面临冻死和挨饿的风险。在一些地方，这正在造成动荡。最终，我们相信通胀终将衰退，无论美联储选择做什么，必需品价格的上涨最终会导致低收入消费者减少购买其他东西，有迹象表明这已经在发生。05、“Baby巴菲特”：美联储失去了通胀斗士的信誉在疫情期间以2700万美元赢得26亿美元的比尔·阿克曼（Bill Ackman）被人们封为“战神”，在此之前福布斯封面将他称为 “Baby Buffett”。他的潘兴广场资本（Pershing Square Capital Management）经历了大起大落，从规模最高的200亿美元缩水到70亿美元，如今这匹华尔街之狼收复了规模。阿克曼登上福布斯封面故事：Baby Buffett在去年，阿克曼做空较短期限的美国国债及部分十年期债券，这1.7亿美元的期权赌注，后来价值约10亿美元[1]。阿克曼利用疫情和通胀彻底翻身，最近也在推特发表了对于通胀的看法：虽然传统观念认为美联储今年会加息3-4次缓解通胀，市场预计加息25个基点。但美联储失去了作为通胀斗士的公信力，正在逐步输掉通胀战争，给脆弱的人带来痛苦的打击，因此3-4次加息是否足够？我认为美联储可以通过加息50个基点的意外举措来恢复其信誉，甚至震慑市场，以表决心。加息50个基点的初始举措将产生降低通胀的反身性，这将缓解未来更加激进或者令经济承担更痛苦措施的需求。戏剧的是在鬼故事把美股吓崩之后，阿克曼顺势抄底了310万股Netflix的股票。","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638255708,"gmtCreate":1645404840712,"gmtModify":1645404841035,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638255708","repostId":"1145113098","repostType":4,"repost":{"id":"1145113098","pubTimestamp":1645265827,"share":"https://www.laohu8.com/m/news/1145113098?lang=&edition=full","pubTime":"2022-02-19 18:17","market":"us","language":"zh","title":"谁在交易通胀？","url":"https://stock-news.laohu8.com/highlight/detail?id=1145113098","media":"远川投资评论","summary":"“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不","content":"<html><head></head><body><p>“不好意思，我们要提价1元了。”</p><p>在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“<b>五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨</b>，希望17块的幽兰拿铁不会影响你点奶茶的心情。”</p><p>茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及<a href=\"https://laohu8.com/S/603711\">香飘飘</a>等消费品中蔓延开来，这也意味着原油、铝、锡、<a href=\"https://laohu8.com/S/000061\">农产品</a>等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，100块的贺岁档电影票也没那么不合理了。</p><p>所有的涨价，都把矛头指向了最近二级市场讨论火爆的通胀预期。</p><p>而这也是全人类共同面临的问题—<b>美国1月通胀率升至7.5%，创下了40年来的新高</b>。这也引得，高盛集团预测美联储2022年将加息七次。</p><p>加息的鬼故事夜来风雨声，加上俄乌冲突的助燃，引得全球市场股票大跌，国内创业板指数年初跌幅高达17%，此前风靡的赛道投资在风声鹤唳中似乎到了最危险的境地。</p><p><img src=\"https://static.tigerbbs.com/a6f2ea8f645f2fdf8a633414eef2a11a\" tg-width=\"1080\" tg-height=\"788\" referrerpolicy=\"no-referrer\"/></p><p>美国通胀达到1982年水平</p><p>正所谓通胀之下无牛市。</p><p>在疫情的滔天大水下，面对成本端价格高企，各国央行有着“收水”的预期，股市信心脆弱。而全球成长股刚经历了一轮结构性的大牛市，通胀也绷紧了各国投资者的神经。</p><p>在这个关键时点，不少海外明星基金经理发表了对通胀的看法，之中的预判也一定程度影响了他们的持仓，有的“意见领袖”甚至能影响后续的市场，观点交锋尤为精彩。</p><p>笔者精选了几位“新晋巴菲特”的分享，希望对大家的宏观研判有所帮助。</p><p><b>01、“英国巴菲特”：商品通胀不等于零售价格通胀</b></p><p>“英国巴菲特”特里·史密斯（Terry Smith），不同于“女巴菲特”木头姐与老巴风格大相径庭，管理260亿美元Fundsmith的他是一个实打实的价值投资者，具有著名的三步投资策略“<b>购买好公司-不支付过高的价格-什么都不做</b>”。</p><p>不过最近他并不走运，因持仓股Paypal与Meta财报不及预期，Smith今年年初基金跌幅逾10%。</p><p><img src=\"https://static.tigerbbs.com/b973733af4ebf53e97189af0e24b3274\" tg-width=\"634\" tg-height=\"374\" referrerpolicy=\"no-referrer\"/></p><p>Terry Smith业绩表现</p><p>Smith对通胀的观点如下：</p><p>通货膨胀的存在毋庸置疑，11月，德国的批发价格同比增长16.6%，西班牙PPI高达33.1%，而这些数据只是冰山一角。</p><p>不难看出通胀的潜在原因：在次贷危机后，央行通过量化宽松扩大资产负债表，随后又出台了巨额财政和货币刺激措施，以应对疫情的影响。鉴于货币供应的增长速度远远超过了商品和服务生产的增长速度，这些商品和服务的价格肯定会被抬高，<b>事实上，通胀也必然随之而来。</b></p><p>然而，<b>这忽略了方程式中另一个重要因素——货币流通速度</b>。人们更倾向于存钱还是花钱？储蓄率在信贷危机后，疫情期间再次跃升，或许是人们谨慎消费，亦或是消费机会减少。目前旅游板块回到了危机前的水平，所以<b>我们已经具备了让通胀飙升的所有因素。</b></p><p>在这一点上，人们很可能会感到困惑，特别是考虑到“当局”在信贷危机十年中，大部分时间都在产生通胀，以抵消信用危机的影响。但是要小心控制进度，这像点篝火，如果你浇上汽油，从本来没有火苗到发出一声“嗖”的巨响，你会发现把花园的栅栏也点着了。当通货膨胀发生时，它可能会超出你的想象。</p><p><img src=\"https://static.tigerbbs.com/41f18106669a53ee74eb50349d5251cb\" tg-width=\"865\" tg-height=\"545\" referrerpolicy=\"no-referrer\"/></p><p>Terry Smith认为商品的通胀不一定等于零售价格通胀，<b>商品价格与CPI没有明显相关性，</b>原因在于消费者不直接购买大宗商品。西班牙PPI上涨33%，其中能源价格上涨88%，金属上涨48%，纸制品上涨16%，而食品仅上涨8.3%。</p><p>因此，投入成本通胀最初影响的是企业利润，而不是消费品价格。<b>一个公司毛利率越高，就越能免受通胀影响</b>。就股票而言，估值越高受通胀影响就越大，这就是为什么亏损的科技股最近表现的如此疲软的原因，可能还有别的——例如越来越多的人意识到自己投资的是商业模式，而不是公司。</p><p>然而，我买的公司毛利率超过60%，从基本面看他们更有能力抵御通胀。</p><p><b>02、“女巴菲特”：通胀证伪，持仓处于深度价值领域</b></p><p>通胀预期的头号受害者，刚经历了腰斩的木头姐凯西·伍德（Cathie Wood），在方舟投资的年度报告中对通胀做了<b>意念否定</b>，以下为木头姐的观点摘要：</p><p>市场从成长股转向价值和防御性股票。<b>这种轮换的主要原因是担心通胀，不是与供应链瓶颈相关的短期问题，而是对新冠及其过度货币和财政政策反应的结果</b>。通胀往往有利于价值股，特别是能源、金融服务、工业和材料领域。</p><p>与此同时，通过提高贴现率和降低未来现金流现值，更高的利率往往会损害成长型股票。2021年11月，美联储主席鲍威尔提出，通胀可能不是“暂时”的。在今年的衰退中，创新型企业的税收流失，也给了投资者更多规避这些公司的理由。</p><p>但是，供应链瓶颈已经持续了比我们预期更长的时间，尤其密歇根大学消费者信心指数已经下降到新冠危机最低点时的程度。随着2020年春季刺激支出将储蓄率膨胀至33%,消费品支出飙升，压倒了将要倒闭的企业。新冠之前，企业处于避险模式，不仅是因为中美贸易紧张，也是因为2019年夏末收益率曲线的反转。</p><p>随着企业在2020年初关闭，一些消费者转而使用政府补贴来“囤积”商品，提高居民家庭的“库存”水平。在一些供应链问题加剧的情况下，消费者在年初开始购物，并担心货架会空空如也，这导致在去年11月将CPI推高到6.8%。与此同时，美国消费者储蓄率降至8%以下，这是新冠前的水平，为未来的消费留下更少的空间，</p><p>因此，在未来3-6个月，<b>随着供应链瓶颈的消除，消费增长可能大幅放缓，这可能会给企业带来过剩的库存</b>。如果我们是正确的，市场未来可能会更多关注美国经济衰退的风险、新兴市场经济体减速，<b>以及潜在的令人惊讶的通胀下降。</b></p><p>一些大宗商品价格已经开始暴跌：铁矿石价格下跌了36%，而波罗的海干散货运价指数下跌了39%，DRAM价格下跌了27%，美国木材价格下跌了35%。就连石油价格，也下跌了15%（注：2个月前数据）。</p><p>通常，在经济放缓时，新技术的应用普及会加快，因为相关企业和消费品更愿意改变行为，他们现在看到的许多技术领先者似乎都已经处于深度价值领域。</p><p><b>03、“小巴菲特”：押注通胀就是押注人们的聪明才智</b></p><p>《安全边际》的作者，被称为“小巴菲特”的塞斯·卡拉曼(Seth Klarman)，管理着波士顿300亿美元规模的Baupost集团，最近发表了对通胀的看法：</p><p>商品价格在2021年飙升，原因是美国的商品价格通胀。2019年前的十年里，平均增长率为1.8%，而这一年急剧加速，石油一度上涨到每桶80美元以上，一些市场石油价格一度达到每加仑5美元。运输成本也飙升，11月CPI上涨6.8%，创造39年新高。</p><p>这个数字可能低估了美国人所经历的通胀，因为记录这个数字的方法片面，尤其是在房屋拥有成本方面。欧盟的通胀率达到了4.9%，为24年来最高水平。</p><p>起初似乎认为当前一连串价格上涨是暂时的，但后续美联储停止了这种说法，加快缩减债券购买的速度，并暗示2022年加息三次，短期利率走高。显然，美联储已经从一心关注就业转向对抗通胀，这是当今市场未预见的。</p><p>至于未来的通胀，争论双方都有很好的论据。</p><p>一方观点是，导致持续通缩的全球化正在倒退，工资水平正在下降，美联储可能会被迫保持低利率，这将持续刺激消费需求，同时鼓舞着市场投机。</p><p>另一方观点是，前所未有的经济刺激已经结束，世界最大经济体高债务和老龄化是通缩力量，近几个月表现最好的商品从高点回落。我们处于这个经济周期的后期，经济低迷有助于消除通胀的力量，<b>而且源源不断的技术进步可能会产生通缩影响。</b></p><p>用市场策略师大卫·罗森伯格的话说：“<b>押注通胀就是押注人类的聪明才智。</b>”</p><p>就核心而言，通货膨胀既是一种心理现象，也是一种货币现象。通胀上升预期会导致人们和企业改变他们的决策。例如，他们可能会囤积库存以预期价格进一步上涨，这可能会反过来更快推动上涨。</p><p>事实上，通胀预期已经在急剧上升。供给方在疫情中伤痕累累，而财政过度刺激确保需求强劲和增长。</p><p><b>我们不知道当前通胀有多糟，但我们认为不断上升的通胀和大幅提高利率可能对市场构成真正的危险。所以，我们购买了这种环境下可以获利的对冲。</b></p><p><b>04、“下一个巴菲特”：通胀不会像彗星一样摧毁地球</b></p><p>由于2008年之前创造了12年年化25%的收益，大卫·霍恩（DavidEinhorn）被称为“下一个巴菲特”。但后来做空<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>亏损严重，以至于被马斯克寄一箱短裤（注：英文short有做空和短裤双重释义）。</p><p>去年四季度，霍恩的绿光资本（Greenlight Capital）开始交易通胀，积累了1000美元的特斯拉看跌期权，并且重仓了地产及周期公司，收获18.6%的收益。</p><p><img src=\"https://static.tigerbbs.com/226f55b98f49bf5c9ae9052c768c2f37\" tg-width=\"1080\" tg-height=\"648\" referrerpolicy=\"no-referrer\"/></p><p>大卫·霍恩收到马斯克寄来的短裤</p><p>本轮交易的成功也源自于他四季度的预判：鲍威尔是否认为只要注意到通胀就会消失？</p><p>当然，整个游戏都是为了支持市场，这也是大多数投资者所期望的。<b>当派对变得疯狂时，美联储不会拿走酒杯。相反，当一方要抢夺时，他只会带着更大的冲击力回来。</b>这就是为什么现在许多人担心美联储可能会因收紧正在减速的通胀而犯下严重的政策错误。一些人认为，<b>即使是单次收紧也是错误的。</b></p><p>我们认为，通胀问题是如此根深蒂固，以至于美联储要想成功应对它，就必须牺牲金融市场的首要地位。我们不知道美联储是否会通过始终落后于曲线来容忍通胀，或者让经济状况收紧到放缓的地步，也许更重要的是，美联储会被指责为经济放缓的罪魁祸首。</p><p>事实上，经济和劳动力市场是过热的，商品市场变得越来越紧俏。尽管政界人士对 80 美元的石油和 6 美元的玉米表示担忧，但这两种关键原材料可能会大幅上涨。仅仅停止印钞并逐步提高利率以保持股市支撑，似乎不太可能将通胀率回落到 2% 以下。</p><p><b>而且劳动力短缺的驱动因素之一是年轻投机者的账面浮盈，他们宁愿“在家交易”也不愿找工作，让他们重新审视这种想法可能需要一个严重的熊市。</b></p><p>这一切都让我们想起了Netflix电影《不要抬头》，当真正解决问题时，我们的领导人并不认真。</p><p><b>通货膨胀不会像彗星一样摧毁地球</b>。然而，由于央行宽松的货币政策与全球 ESG 举措相结合时，世界上的穷人面临冻死和挨饿的风险。在一些地方，这正在造成动荡。</p><p>最终，我们相信通胀终将衰退，无论美联储选择做什么，必需品价格的上涨最终会导致低收入消费者减少购买其他东西，有迹象表明这已经在发生。</p><p><b>05、“Baby巴菲特”：美联储失去了通胀斗士的信誉</b></p><p>在疫情期间以2700万美元赢得26亿美元的比尔·阿克曼（Bill Ackman）被人们封为“战神”，在此之前福布斯封面将他称为 “Baby Buffett”。他的潘兴广场资本（Pershing Square Capital Management）经历了大起大落，从规模最高的200亿美元缩水到70亿美元，如今这匹华尔街之狼收复了规模。</p><p><img src=\"https://static.tigerbbs.com/0662176b531c196c9c4cf19b4dd0b7a0\" tg-width=\"688\" tg-height=\"899\" referrerpolicy=\"no-referrer\"/></p><p>阿克曼登上福布斯封面故事：Baby Buffett</p><p>在去年，阿克曼做空较短期限的美国国债及部分十年期债券，这1.7亿美元的期权赌注，后来价值约10亿美元[1]。</p><p>阿克曼利用疫情和通胀彻底翻身，最近也在推特发表了对于通胀的看法：</p><p>虽然传统观念认为美联储今年会加息3-4次缓解通胀，市场预计加息25个基点。但美联储失去了作为通胀斗士的公信力，正在逐步输掉通胀战争，给脆弱的人带来痛苦的打击，因此3-4次加息是否足够？</p><p><b>我认为美联储可以通过加息50个基点的意外举措来恢复其信誉，甚至震慑市场，以表决心。</b>加息50个基点的初始举措将产生降低通胀的反身性，这将缓解未来更加激进或者令经济承担更痛苦措施的需求。</p><p>戏剧的是在鬼故事把美股吓崩之后，阿克曼顺势抄底了310万股Netflix的股票。</p></body></html>","source":"lsy1583835599575","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>谁在交易通胀？</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\">\n谁在交易通胀？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-19 18:17 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ><strong>远川投资评论</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不会影响你点奶茶的心情。”茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及香飘飘等消费品中蔓延开来，这也意味着原油、铝、锡、农产品等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145113098","content_text":"“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不会影响你点奶茶的心情。”茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及香飘飘等消费品中蔓延开来，这也意味着原油、铝、锡、农产品等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，100块的贺岁档电影票也没那么不合理了。所有的涨价，都把矛头指向了最近二级市场讨论火爆的通胀预期。而这也是全人类共同面临的问题—美国1月通胀率升至7.5%，创下了40年来的新高。这也引得，高盛集团预测美联储2022年将加息七次。加息的鬼故事夜来风雨声，加上俄乌冲突的助燃，引得全球市场股票大跌，国内创业板指数年初跌幅高达17%，此前风靡的赛道投资在风声鹤唳中似乎到了最危险的境地。美国通胀达到1982年水平正所谓通胀之下无牛市。在疫情的滔天大水下，面对成本端价格高企，各国央行有着“收水”的预期，股市信心脆弱。而全球成长股刚经历了一轮结构性的大牛市，通胀也绷紧了各国投资者的神经。在这个关键时点，不少海外明星基金经理发表了对通胀的看法，之中的预判也一定程度影响了他们的持仓，有的“意见领袖”甚至能影响后续的市场，观点交锋尤为精彩。笔者精选了几位“新晋巴菲特”的分享，希望对大家的宏观研判有所帮助。01、“英国巴菲特”：商品通胀不等于零售价格通胀“英国巴菲特”特里·史密斯（Terry Smith），不同于“女巴菲特”木头姐与老巴风格大相径庭，管理260亿美元Fundsmith的他是一个实打实的价值投资者，具有著名的三步投资策略“购买好公司-不支付过高的价格-什么都不做”。不过最近他并不走运，因持仓股Paypal与Meta财报不及预期，Smith今年年初基金跌幅逾10%。Terry Smith业绩表现Smith对通胀的观点如下：通货膨胀的存在毋庸置疑，11月，德国的批发价格同比增长16.6%，西班牙PPI高达33.1%，而这些数据只是冰山一角。不难看出通胀的潜在原因：在次贷危机后，央行通过量化宽松扩大资产负债表，随后又出台了巨额财政和货币刺激措施，以应对疫情的影响。鉴于货币供应的增长速度远远超过了商品和服务生产的增长速度，这些商品和服务的价格肯定会被抬高，事实上，通胀也必然随之而来。然而，这忽略了方程式中另一个重要因素——货币流通速度。人们更倾向于存钱还是花钱？储蓄率在信贷危机后，疫情期间再次跃升，或许是人们谨慎消费，亦或是消费机会减少。目前旅游板块回到了危机前的水平，所以我们已经具备了让通胀飙升的所有因素。在这一点上，人们很可能会感到困惑，特别是考虑到“当局”在信贷危机十年中，大部分时间都在产生通胀，以抵消信用危机的影响。但是要小心控制进度，这像点篝火，如果你浇上汽油，从本来没有火苗到发出一声“嗖”的巨响，你会发现把花园的栅栏也点着了。当通货膨胀发生时，它可能会超出你的想象。Terry Smith认为商品的通胀不一定等于零售价格通胀，商品价格与CPI没有明显相关性，原因在于消费者不直接购买大宗商品。西班牙PPI上涨33%，其中能源价格上涨88%，金属上涨48%，纸制品上涨16%，而食品仅上涨8.3%。因此，投入成本通胀最初影响的是企业利润，而不是消费品价格。一个公司毛利率越高，就越能免受通胀影响。就股票而言，估值越高受通胀影响就越大，这就是为什么亏损的科技股最近表现的如此疲软的原因，可能还有别的——例如越来越多的人意识到自己投资的是商业模式，而不是公司。然而，我买的公司毛利率超过60%，从基本面看他们更有能力抵御通胀。02、“女巴菲特”：通胀证伪，持仓处于深度价值领域通胀预期的头号受害者，刚经历了腰斩的木头姐凯西·伍德（Cathie Wood），在方舟投资的年度报告中对通胀做了意念否定，以下为木头姐的观点摘要：市场从成长股转向价值和防御性股票。这种轮换的主要原因是担心通胀，不是与供应链瓶颈相关的短期问题，而是对新冠及其过度货币和财政政策反应的结果。通胀往往有利于价值股，特别是能源、金融服务、工业和材料领域。与此同时，通过提高贴现率和降低未来现金流现值，更高的利率往往会损害成长型股票。2021年11月，美联储主席鲍威尔提出，通胀可能不是“暂时”的。在今年的衰退中，创新型企业的税收流失，也给了投资者更多规避这些公司的理由。但是，供应链瓶颈已经持续了比我们预期更长的时间，尤其密歇根大学消费者信心指数已经下降到新冠危机最低点时的程度。随着2020年春季刺激支出将储蓄率膨胀至33%,消费品支出飙升，压倒了将要倒闭的企业。新冠之前，企业处于避险模式，不仅是因为中美贸易紧张，也是因为2019年夏末收益率曲线的反转。随着企业在2020年初关闭，一些消费者转而使用政府补贴来“囤积”商品，提高居民家庭的“库存”水平。在一些供应链问题加剧的情况下，消费者在年初开始购物，并担心货架会空空如也，这导致在去年11月将CPI推高到6.8%。与此同时，美国消费者储蓄率降至8%以下，这是新冠前的水平，为未来的消费留下更少的空间，因此，在未来3-6个月，随着供应链瓶颈的消除，消费增长可能大幅放缓，这可能会给企业带来过剩的库存。如果我们是正确的，市场未来可能会更多关注美国经济衰退的风险、新兴市场经济体减速，以及潜在的令人惊讶的通胀下降。一些大宗商品价格已经开始暴跌：铁矿石价格下跌了36%，而波罗的海干散货运价指数下跌了39%，DRAM价格下跌了27%，美国木材价格下跌了35%。就连石油价格，也下跌了15%（注：2个月前数据）。通常，在经济放缓时，新技术的应用普及会加快，因为相关企业和消费品更愿意改变行为，他们现在看到的许多技术领先者似乎都已经处于深度价值领域。03、“小巴菲特”：押注通胀就是押注人们的聪明才智《安全边际》的作者，被称为“小巴菲特”的塞斯·卡拉曼(Seth Klarman)，管理着波士顿300亿美元规模的Baupost集团，最近发表了对通胀的看法：商品价格在2021年飙升，原因是美国的商品价格通胀。2019年前的十年里，平均增长率为1.8%，而这一年急剧加速，石油一度上涨到每桶80美元以上，一些市场石油价格一度达到每加仑5美元。运输成本也飙升，11月CPI上涨6.8%，创造39年新高。这个数字可能低估了美国人所经历的通胀，因为记录这个数字的方法片面，尤其是在房屋拥有成本方面。欧盟的通胀率达到了4.9%，为24年来最高水平。起初似乎认为当前一连串价格上涨是暂时的，但后续美联储停止了这种说法，加快缩减债券购买的速度，并暗示2022年加息三次，短期利率走高。显然，美联储已经从一心关注就业转向对抗通胀，这是当今市场未预见的。至于未来的通胀，争论双方都有很好的论据。一方观点是，导致持续通缩的全球化正在倒退，工资水平正在下降，美联储可能会被迫保持低利率，这将持续刺激消费需求，同时鼓舞着市场投机。另一方观点是，前所未有的经济刺激已经结束，世界最大经济体高债务和老龄化是通缩力量，近几个月表现最好的商品从高点回落。我们处于这个经济周期的后期，经济低迷有助于消除通胀的力量，而且源源不断的技术进步可能会产生通缩影响。用市场策略师大卫·罗森伯格的话说：“押注通胀就是押注人类的聪明才智。”就核心而言，通货膨胀既是一种心理现象，也是一种货币现象。通胀上升预期会导致人们和企业改变他们的决策。例如，他们可能会囤积库存以预期价格进一步上涨，这可能会反过来更快推动上涨。事实上，通胀预期已经在急剧上升。供给方在疫情中伤痕累累，而财政过度刺激确保需求强劲和增长。我们不知道当前通胀有多糟，但我们认为不断上升的通胀和大幅提高利率可能对市场构成真正的危险。所以，我们购买了这种环境下可以获利的对冲。04、“下一个巴菲特”：通胀不会像彗星一样摧毁地球由于2008年之前创造了12年年化25%的收益，大卫·霍恩（DavidEinhorn）被称为“下一个巴菲特”。但后来做空特斯拉亏损严重，以至于被马斯克寄一箱短裤（注：英文short有做空和短裤双重释义）。去年四季度，霍恩的绿光资本（Greenlight Capital）开始交易通胀，积累了1000美元的特斯拉看跌期权，并且重仓了地产及周期公司，收获18.6%的收益。大卫·霍恩收到马斯克寄来的短裤本轮交易的成功也源自于他四季度的预判：鲍威尔是否认为只要注意到通胀就会消失？当然，整个游戏都是为了支持市场，这也是大多数投资者所期望的。当派对变得疯狂时，美联储不会拿走酒杯。相反，当一方要抢夺时，他只会带着更大的冲击力回来。这就是为什么现在许多人担心美联储可能会因收紧正在减速的通胀而犯下严重的政策错误。一些人认为，即使是单次收紧也是错误的。我们认为，通胀问题是如此根深蒂固，以至于美联储要想成功应对它，就必须牺牲金融市场的首要地位。我们不知道美联储是否会通过始终落后于曲线来容忍通胀，或者让经济状况收紧到放缓的地步，也许更重要的是，美联储会被指责为经济放缓的罪魁祸首。事实上，经济和劳动力市场是过热的，商品市场变得越来越紧俏。尽管政界人士对 80 美元的石油和 6 美元的玉米表示担忧，但这两种关键原材料可能会大幅上涨。仅仅停止印钞并逐步提高利率以保持股市支撑，似乎不太可能将通胀率回落到 2% 以下。而且劳动力短缺的驱动因素之一是年轻投机者的账面浮盈，他们宁愿“在家交易”也不愿找工作，让他们重新审视这种想法可能需要一个严重的熊市。这一切都让我们想起了Netflix电影《不要抬头》，当真正解决问题时，我们的领导人并不认真。通货膨胀不会像彗星一样摧毁地球。然而，由于央行宽松的货币政策与全球 ESG 举措相结合时，世界上的穷人面临冻死和挨饿的风险。在一些地方，这正在造成动荡。最终，我们相信通胀终将衰退，无论美联储选择做什么，必需品价格的上涨最终会导致低收入消费者减少购买其他东西，有迹象表明这已经在发生。05、“Baby巴菲特”：美联储失去了通胀斗士的信誉在疫情期间以2700万美元赢得26亿美元的比尔·阿克曼（Bill Ackman）被人们封为“战神”，在此之前福布斯封面将他称为 “Baby Buffett”。他的潘兴广场资本（Pershing Square Capital Management）经历了大起大落，从规模最高的200亿美元缩水到70亿美元，如今这匹华尔街之狼收复了规模。阿克曼登上福布斯封面故事：Baby Buffett在去年，阿克曼做空较短期限的美国国债及部分十年期债券，这1.7亿美元的期权赌注，后来价值约10亿美元[1]。阿克曼利用疫情和通胀彻底翻身，最近也在推特发表了对于通胀的看法：虽然传统观念认为美联储今年会加息3-4次缓解通胀，市场预计加息25个基点。但美联储失去了作为通胀斗士的公信力，正在逐步输掉通胀战争，给脆弱的人带来痛苦的打击，因此3-4次加息是否足够？我认为美联储可以通过加息50个基点的意外举措来恢复其信誉，甚至震慑市场，以表决心。加息50个基点的初始举措将产生降低通胀的反身性，这将缓解未来更加激进或者令经济承担更痛苦措施的需求。戏剧的是在鬼故事把美股吓崩之后，阿克曼顺势抄底了310万股Netflix的股票。","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638255449,"gmtCreate":1645404827113,"gmtModify":1645404827487,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638255449","repostId":"1145113098","repostType":4,"repost":{"id":"1145113098","pubTimestamp":1645265827,"share":"https://www.laohu8.com/m/news/1145113098?lang=&edition=full","pubTime":"2022-02-19 18:17","market":"us","language":"zh","title":"谁在交易通胀？","url":"https://stock-news.laohu8.com/highlight/detail?id=1145113098","media":"远川投资评论","summary":"“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不","content":"<html><head></head><body><p>“不好意思，我们要提价1元了。”</p><p>在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“<b>五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨</b>，希望17块的幽兰拿铁不会影响你点奶茶的心情。”</p><p>茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及<a href=\"https://laohu8.com/S/603711\">香飘飘</a>等消费品中蔓延开来，这也意味着原油、铝、锡、<a href=\"https://laohu8.com/S/000061\">农产品</a>等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，100块的贺岁档电影票也没那么不合理了。</p><p>所有的涨价，都把矛头指向了最近二级市场讨论火爆的通胀预期。</p><p>而这也是全人类共同面临的问题—<b>美国1月通胀率升至7.5%，创下了40年来的新高</b>。这也引得，高盛集团预测美联储2022年将加息七次。</p><p>加息的鬼故事夜来风雨声，加上俄乌冲突的助燃，引得全球市场股票大跌，国内创业板指数年初跌幅高达17%，此前风靡的赛道投资在风声鹤唳中似乎到了最危险的境地。</p><p><img src=\"https://static.tigerbbs.com/a6f2ea8f645f2fdf8a633414eef2a11a\" tg-width=\"1080\" tg-height=\"788\" referrerpolicy=\"no-referrer\"/></p><p>美国通胀达到1982年水平</p><p>正所谓通胀之下无牛市。</p><p>在疫情的滔天大水下，面对成本端价格高企，各国央行有着“收水”的预期，股市信心脆弱。而全球成长股刚经历了一轮结构性的大牛市，通胀也绷紧了各国投资者的神经。</p><p>在这个关键时点，不少海外明星基金经理发表了对通胀的看法，之中的预判也一定程度影响了他们的持仓，有的“意见领袖”甚至能影响后续的市场，观点交锋尤为精彩。</p><p>笔者精选了几位“新晋巴菲特”的分享，希望对大家的宏观研判有所帮助。</p><p><b>01、“英国巴菲特”：商品通胀不等于零售价格通胀</b></p><p>“英国巴菲特”特里·史密斯（Terry Smith），不同于“女巴菲特”木头姐与老巴风格大相径庭，管理260亿美元Fundsmith的他是一个实打实的价值投资者，具有著名的三步投资策略“<b>购买好公司-不支付过高的价格-什么都不做</b>”。</p><p>不过最近他并不走运，因持仓股Paypal与Meta财报不及预期，Smith今年年初基金跌幅逾10%。</p><p><img src=\"https://static.tigerbbs.com/b973733af4ebf53e97189af0e24b3274\" tg-width=\"634\" tg-height=\"374\" referrerpolicy=\"no-referrer\"/></p><p>Terry Smith业绩表现</p><p>Smith对通胀的观点如下：</p><p>通货膨胀的存在毋庸置疑，11月，德国的批发价格同比增长16.6%，西班牙PPI高达33.1%，而这些数据只是冰山一角。</p><p>不难看出通胀的潜在原因：在次贷危机后，央行通过量化宽松扩大资产负债表，随后又出台了巨额财政和货币刺激措施，以应对疫情的影响。鉴于货币供应的增长速度远远超过了商品和服务生产的增长速度，这些商品和服务的价格肯定会被抬高，<b>事实上，通胀也必然随之而来。</b></p><p>然而，<b>这忽略了方程式中另一个重要因素——货币流通速度</b>。人们更倾向于存钱还是花钱？储蓄率在信贷危机后，疫情期间再次跃升，或许是人们谨慎消费，亦或是消费机会减少。目前旅游板块回到了危机前的水平，所以<b>我们已经具备了让通胀飙升的所有因素。</b></p><p>在这一点上，人们很可能会感到困惑，特别是考虑到“当局”在信贷危机十年中，大部分时间都在产生通胀，以抵消信用危机的影响。但是要小心控制进度，这像点篝火，如果你浇上汽油，从本来没有火苗到发出一声“嗖”的巨响，你会发现把花园的栅栏也点着了。当通货膨胀发生时，它可能会超出你的想象。</p><p><img src=\"https://static.tigerbbs.com/41f18106669a53ee74eb50349d5251cb\" tg-width=\"865\" tg-height=\"545\" referrerpolicy=\"no-referrer\"/></p><p>Terry Smith认为商品的通胀不一定等于零售价格通胀，<b>商品价格与CPI没有明显相关性，</b>原因在于消费者不直接购买大宗商品。西班牙PPI上涨33%，其中能源价格上涨88%，金属上涨48%，纸制品上涨16%，而食品仅上涨8.3%。</p><p>因此，投入成本通胀最初影响的是企业利润，而不是消费品价格。<b>一个公司毛利率越高，就越能免受通胀影响</b>。就股票而言，估值越高受通胀影响就越大，这就是为什么亏损的科技股最近表现的如此疲软的原因，可能还有别的——例如越来越多的人意识到自己投资的是商业模式，而不是公司。</p><p>然而，我买的公司毛利率超过60%，从基本面看他们更有能力抵御通胀。</p><p><b>02、“女巴菲特”：通胀证伪，持仓处于深度价值领域</b></p><p>通胀预期的头号受害者，刚经历了腰斩的木头姐凯西·伍德（Cathie Wood），在方舟投资的年度报告中对通胀做了<b>意念否定</b>，以下为木头姐的观点摘要：</p><p>市场从成长股转向价值和防御性股票。<b>这种轮换的主要原因是担心通胀，不是与供应链瓶颈相关的短期问题，而是对新冠及其过度货币和财政政策反应的结果</b>。通胀往往有利于价值股，特别是能源、金融服务、工业和材料领域。</p><p>与此同时，通过提高贴现率和降低未来现金流现值，更高的利率往往会损害成长型股票。2021年11月，美联储主席鲍威尔提出，通胀可能不是“暂时”的。在今年的衰退中，创新型企业的税收流失，也给了投资者更多规避这些公司的理由。</p><p>但是，供应链瓶颈已经持续了比我们预期更长的时间，尤其密歇根大学消费者信心指数已经下降到新冠危机最低点时的程度。随着2020年春季刺激支出将储蓄率膨胀至33%,消费品支出飙升，压倒了将要倒闭的企业。新冠之前，企业处于避险模式，不仅是因为中美贸易紧张，也是因为2019年夏末收益率曲线的反转。</p><p>随着企业在2020年初关闭，一些消费者转而使用政府补贴来“囤积”商品，提高居民家庭的“库存”水平。在一些供应链问题加剧的情况下，消费者在年初开始购物，并担心货架会空空如也，这导致在去年11月将CPI推高到6.8%。与此同时，美国消费者储蓄率降至8%以下，这是新冠前的水平，为未来的消费留下更少的空间，</p><p>因此，在未来3-6个月，<b>随着供应链瓶颈的消除，消费增长可能大幅放缓，这可能会给企业带来过剩的库存</b>。如果我们是正确的，市场未来可能会更多关注美国经济衰退的风险、新兴市场经济体减速，<b>以及潜在的令人惊讶的通胀下降。</b></p><p>一些大宗商品价格已经开始暴跌：铁矿石价格下跌了36%，而波罗的海干散货运价指数下跌了39%，DRAM价格下跌了27%，美国木材价格下跌了35%。就连石油价格，也下跌了15%（注：2个月前数据）。</p><p>通常，在经济放缓时，新技术的应用普及会加快，因为相关企业和消费品更愿意改变行为，他们现在看到的许多技术领先者似乎都已经处于深度价值领域。</p><p><b>03、“小巴菲特”：押注通胀就是押注人们的聪明才智</b></p><p>《安全边际》的作者，被称为“小巴菲特”的塞斯·卡拉曼(Seth Klarman)，管理着波士顿300亿美元规模的Baupost集团，最近发表了对通胀的看法：</p><p>商品价格在2021年飙升，原因是美国的商品价格通胀。2019年前的十年里，平均增长率为1.8%，而这一年急剧加速，石油一度上涨到每桶80美元以上，一些市场石油价格一度达到每加仑5美元。运输成本也飙升，11月CPI上涨6.8%，创造39年新高。</p><p>这个数字可能低估了美国人所经历的通胀，因为记录这个数字的方法片面，尤其是在房屋拥有成本方面。欧盟的通胀率达到了4.9%，为24年来最高水平。</p><p>起初似乎认为当前一连串价格上涨是暂时的，但后续美联储停止了这种说法，加快缩减债券购买的速度，并暗示2022年加息三次，短期利率走高。显然，美联储已经从一心关注就业转向对抗通胀，这是当今市场未预见的。</p><p>至于未来的通胀，争论双方都有很好的论据。</p><p>一方观点是，导致持续通缩的全球化正在倒退，工资水平正在下降，美联储可能会被迫保持低利率，这将持续刺激消费需求，同时鼓舞着市场投机。</p><p>另一方观点是，前所未有的经济刺激已经结束，世界最大经济体高债务和老龄化是通缩力量，近几个月表现最好的商品从高点回落。我们处于这个经济周期的后期，经济低迷有助于消除通胀的力量，<b>而且源源不断的技术进步可能会产生通缩影响。</b></p><p>用市场策略师大卫·罗森伯格的话说：“<b>押注通胀就是押注人类的聪明才智。</b>”</p><p>就核心而言，通货膨胀既是一种心理现象，也是一种货币现象。通胀上升预期会导致人们和企业改变他们的决策。例如，他们可能会囤积库存以预期价格进一步上涨，这可能会反过来更快推动上涨。</p><p>事实上，通胀预期已经在急剧上升。供给方在疫情中伤痕累累，而财政过度刺激确保需求强劲和增长。</p><p><b>我们不知道当前通胀有多糟，但我们认为不断上升的通胀和大幅提高利率可能对市场构成真正的危险。所以，我们购买了这种环境下可以获利的对冲。</b></p><p><b>04、“下一个巴菲特”：通胀不会像彗星一样摧毁地球</b></p><p>由于2008年之前创造了12年年化25%的收益，大卫·霍恩（DavidEinhorn）被称为“下一个巴菲特”。但后来做空<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>亏损严重，以至于被马斯克寄一箱短裤（注：英文short有做空和短裤双重释义）。</p><p>去年四季度，霍恩的绿光资本（Greenlight Capital）开始交易通胀，积累了1000美元的特斯拉看跌期权，并且重仓了地产及周期公司，收获18.6%的收益。</p><p><img src=\"https://static.tigerbbs.com/226f55b98f49bf5c9ae9052c768c2f37\" tg-width=\"1080\" tg-height=\"648\" referrerpolicy=\"no-referrer\"/></p><p>大卫·霍恩收到马斯克寄来的短裤</p><p>本轮交易的成功也源自于他四季度的预判：鲍威尔是否认为只要注意到通胀就会消失？</p><p>当然，整个游戏都是为了支持市场，这也是大多数投资者所期望的。<b>当派对变得疯狂时，美联储不会拿走酒杯。相反，当一方要抢夺时，他只会带着更大的冲击力回来。</b>这就是为什么现在许多人担心美联储可能会因收紧正在减速的通胀而犯下严重的政策错误。一些人认为，<b>即使是单次收紧也是错误的。</b></p><p>我们认为，通胀问题是如此根深蒂固，以至于美联储要想成功应对它，就必须牺牲金融市场的首要地位。我们不知道美联储是否会通过始终落后于曲线来容忍通胀，或者让经济状况收紧到放缓的地步，也许更重要的是，美联储会被指责为经济放缓的罪魁祸首。</p><p>事实上，经济和劳动力市场是过热的，商品市场变得越来越紧俏。尽管政界人士对 80 美元的石油和 6 美元的玉米表示担忧，但这两种关键原材料可能会大幅上涨。仅仅停止印钞并逐步提高利率以保持股市支撑，似乎不太可能将通胀率回落到 2% 以下。</p><p><b>而且劳动力短缺的驱动因素之一是年轻投机者的账面浮盈，他们宁愿“在家交易”也不愿找工作，让他们重新审视这种想法可能需要一个严重的熊市。</b></p><p>这一切都让我们想起了Netflix电影《不要抬头》，当真正解决问题时，我们的领导人并不认真。</p><p><b>通货膨胀不会像彗星一样摧毁地球</b>。然而，由于央行宽松的货币政策与全球 ESG 举措相结合时，世界上的穷人面临冻死和挨饿的风险。在一些地方，这正在造成动荡。</p><p>最终，我们相信通胀终将衰退，无论美联储选择做什么，必需品价格的上涨最终会导致低收入消费者减少购买其他东西，有迹象表明这已经在发生。</p><p><b>05、“Baby巴菲特”：美联储失去了通胀斗士的信誉</b></p><p>在疫情期间以2700万美元赢得26亿美元的比尔·阿克曼（Bill Ackman）被人们封为“战神”，在此之前福布斯封面将他称为 “Baby Buffett”。他的潘兴广场资本（Pershing Square Capital Management）经历了大起大落，从规模最高的200亿美元缩水到70亿美元，如今这匹华尔街之狼收复了规模。</p><p><img src=\"https://static.tigerbbs.com/0662176b531c196c9c4cf19b4dd0b7a0\" tg-width=\"688\" tg-height=\"899\" referrerpolicy=\"no-referrer\"/></p><p>阿克曼登上福布斯封面故事：Baby Buffett</p><p>在去年，阿克曼做空较短期限的美国国债及部分十年期债券，这1.7亿美元的期权赌注，后来价值约10亿美元[1]。</p><p>阿克曼利用疫情和通胀彻底翻身，最近也在推特发表了对于通胀的看法：</p><p>虽然传统观念认为美联储今年会加息3-4次缓解通胀，市场预计加息25个基点。但美联储失去了作为通胀斗士的公信力，正在逐步输掉通胀战争，给脆弱的人带来痛苦的打击，因此3-4次加息是否足够？</p><p><b>我认为美联储可以通过加息50个基点的意外举措来恢复其信誉，甚至震慑市场，以表决心。</b>加息50个基点的初始举措将产生降低通胀的反身性，这将缓解未来更加激进或者令经济承担更痛苦措施的需求。</p><p>戏剧的是在鬼故事把美股吓崩之后，阿克曼顺势抄底了310万股Netflix的股票。</p></body></html>","source":"lsy1583835599575","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>谁在交易通胀？</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\">\n谁在交易通胀？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-19 18:17 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ><strong>远川投资评论</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不会影响你点奶茶的心情。”茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及香飘飘等消费品中蔓延开来，这也意味着原油、铝、锡、农产品等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/CCuzL603ERXRJv4xprzBKQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145113098","content_text":"“不好意思，我们要提价1元了。”在长沙，每一百米一家的“茶颜悦色”，门口都竖立着这句红色大字标语。标语下的致歉信写道：“五年半前的价格体系，实在抵不住大环境造成的原材料成本上涨，希望17块的幽兰拿铁不会影响你点奶茶的心情。”茶颜只是时代的小切口，涨价早已在榨菜、泡面、海天以及香飘飘等消费品中蔓延开来，这也意味着原油、铝、锡、农产品等大宗的涨价不光影响了制造业，也传导到了人们的日常生活。这么比较，100块的贺岁档电影票也没那么不合理了。所有的涨价，都把矛头指向了最近二级市场讨论火爆的通胀预期。而这也是全人类共同面临的问题—美国1月通胀率升至7.5%，创下了40年来的新高。这也引得，高盛集团预测美联储2022年将加息七次。加息的鬼故事夜来风雨声，加上俄乌冲突的助燃，引得全球市场股票大跌，国内创业板指数年初跌幅高达17%，此前风靡的赛道投资在风声鹤唳中似乎到了最危险的境地。美国通胀达到1982年水平正所谓通胀之下无牛市。在疫情的滔天大水下，面对成本端价格高企，各国央行有着“收水”的预期，股市信心脆弱。而全球成长股刚经历了一轮结构性的大牛市，通胀也绷紧了各国投资者的神经。在这个关键时点，不少海外明星基金经理发表了对通胀的看法，之中的预判也一定程度影响了他们的持仓，有的“意见领袖”甚至能影响后续的市场，观点交锋尤为精彩。笔者精选了几位“新晋巴菲特”的分享，希望对大家的宏观研判有所帮助。01、“英国巴菲特”：商品通胀不等于零售价格通胀“英国巴菲特”特里·史密斯（Terry Smith），不同于“女巴菲特”木头姐与老巴风格大相径庭，管理260亿美元Fundsmith的他是一个实打实的价值投资者，具有著名的三步投资策略“购买好公司-不支付过高的价格-什么都不做”。不过最近他并不走运，因持仓股Paypal与Meta财报不及预期，Smith今年年初基金跌幅逾10%。Terry Smith业绩表现Smith对通胀的观点如下：通货膨胀的存在毋庸置疑，11月，德国的批发价格同比增长16.6%，西班牙PPI高达33.1%，而这些数据只是冰山一角。不难看出通胀的潜在原因：在次贷危机后，央行通过量化宽松扩大资产负债表，随后又出台了巨额财政和货币刺激措施，以应对疫情的影响。鉴于货币供应的增长速度远远超过了商品和服务生产的增长速度，这些商品和服务的价格肯定会被抬高，事实上，通胀也必然随之而来。然而，这忽略了方程式中另一个重要因素——货币流通速度。人们更倾向于存钱还是花钱？储蓄率在信贷危机后，疫情期间再次跃升，或许是人们谨慎消费，亦或是消费机会减少。目前旅游板块回到了危机前的水平，所以我们已经具备了让通胀飙升的所有因素。在这一点上，人们很可能会感到困惑，特别是考虑到“当局”在信贷危机十年中，大部分时间都在产生通胀，以抵消信用危机的影响。但是要小心控制进度，这像点篝火，如果你浇上汽油，从本来没有火苗到发出一声“嗖”的巨响，你会发现把花园的栅栏也点着了。当通货膨胀发生时，它可能会超出你的想象。Terry Smith认为商品的通胀不一定等于零售价格通胀，商品价格与CPI没有明显相关性，原因在于消费者不直接购买大宗商品。西班牙PPI上涨33%，其中能源价格上涨88%，金属上涨48%，纸制品上涨16%，而食品仅上涨8.3%。因此，投入成本通胀最初影响的是企业利润，而不是消费品价格。一个公司毛利率越高，就越能免受通胀影响。就股票而言，估值越高受通胀影响就越大，这就是为什么亏损的科技股最近表现的如此疲软的原因，可能还有别的——例如越来越多的人意识到自己投资的是商业模式，而不是公司。然而，我买的公司毛利率超过60%，从基本面看他们更有能力抵御通胀。02、“女巴菲特”：通胀证伪，持仓处于深度价值领域通胀预期的头号受害者，刚经历了腰斩的木头姐凯西·伍德（Cathie Wood），在方舟投资的年度报告中对通胀做了意念否定，以下为木头姐的观点摘要：市场从成长股转向价值和防御性股票。这种轮换的主要原因是担心通胀，不是与供应链瓶颈相关的短期问题，而是对新冠及其过度货币和财政政策反应的结果。通胀往往有利于价值股，特别是能源、金融服务、工业和材料领域。与此同时，通过提高贴现率和降低未来现金流现值，更高的利率往往会损害成长型股票。2021年11月，美联储主席鲍威尔提出，通胀可能不是“暂时”的。在今年的衰退中，创新型企业的税收流失，也给了投资者更多规避这些公司的理由。但是，供应链瓶颈已经持续了比我们预期更长的时间，尤其密歇根大学消费者信心指数已经下降到新冠危机最低点时的程度。随着2020年春季刺激支出将储蓄率膨胀至33%,消费品支出飙升，压倒了将要倒闭的企业。新冠之前，企业处于避险模式，不仅是因为中美贸易紧张，也是因为2019年夏末收益率曲线的反转。随着企业在2020年初关闭，一些消费者转而使用政府补贴来“囤积”商品，提高居民家庭的“库存”水平。在一些供应链问题加剧的情况下，消费者在年初开始购物，并担心货架会空空如也，这导致在去年11月将CPI推高到6.8%。与此同时，美国消费者储蓄率降至8%以下，这是新冠前的水平，为未来的消费留下更少的空间，因此，在未来3-6个月，随着供应链瓶颈的消除，消费增长可能大幅放缓，这可能会给企业带来过剩的库存。如果我们是正确的，市场未来可能会更多关注美国经济衰退的风险、新兴市场经济体减速，以及潜在的令人惊讶的通胀下降。一些大宗商品价格已经开始暴跌：铁矿石价格下跌了36%，而波罗的海干散货运价指数下跌了39%，DRAM价格下跌了27%，美国木材价格下跌了35%。就连石油价格，也下跌了15%（注：2个月前数据）。通常，在经济放缓时，新技术的应用普及会加快，因为相关企业和消费品更愿意改变行为，他们现在看到的许多技术领先者似乎都已经处于深度价值领域。03、“小巴菲特”：押注通胀就是押注人们的聪明才智《安全边际》的作者，被称为“小巴菲特”的塞斯·卡拉曼(Seth Klarman)，管理着波士顿300亿美元规模的Baupost集团，最近发表了对通胀的看法：商品价格在2021年飙升，原因是美国的商品价格通胀。2019年前的十年里，平均增长率为1.8%，而这一年急剧加速，石油一度上涨到每桶80美元以上，一些市场石油价格一度达到每加仑5美元。运输成本也飙升，11月CPI上涨6.8%，创造39年新高。这个数字可能低估了美国人所经历的通胀，因为记录这个数字的方法片面，尤其是在房屋拥有成本方面。欧盟的通胀率达到了4.9%，为24年来最高水平。起初似乎认为当前一连串价格上涨是暂时的，但后续美联储停止了这种说法，加快缩减债券购买的速度，并暗示2022年加息三次，短期利率走高。显然，美联储已经从一心关注就业转向对抗通胀，这是当今市场未预见的。至于未来的通胀，争论双方都有很好的论据。一方观点是，导致持续通缩的全球化正在倒退，工资水平正在下降，美联储可能会被迫保持低利率，这将持续刺激消费需求，同时鼓舞着市场投机。另一方观点是，前所未有的经济刺激已经结束，世界最大经济体高债务和老龄化是通缩力量，近几个月表现最好的商品从高点回落。我们处于这个经济周期的后期，经济低迷有助于消除通胀的力量，而且源源不断的技术进步可能会产生通缩影响。用市场策略师大卫·罗森伯格的话说：“押注通胀就是押注人类的聪明才智。”就核心而言，通货膨胀既是一种心理现象，也是一种货币现象。通胀上升预期会导致人们和企业改变他们的决策。例如，他们可能会囤积库存以预期价格进一步上涨，这可能会反过来更快推动上涨。事实上，通胀预期已经在急剧上升。供给方在疫情中伤痕累累，而财政过度刺激确保需求强劲和增长。我们不知道当前通胀有多糟，但我们认为不断上升的通胀和大幅提高利率可能对市场构成真正的危险。所以，我们购买了这种环境下可以获利的对冲。04、“下一个巴菲特”：通胀不会像彗星一样摧毁地球由于2008年之前创造了12年年化25%的收益，大卫·霍恩（DavidEinhorn）被称为“下一个巴菲特”。但后来做空特斯拉亏损严重，以至于被马斯克寄一箱短裤（注：英文short有做空和短裤双重释义）。去年四季度，霍恩的绿光资本（Greenlight Capital）开始交易通胀，积累了1000美元的特斯拉看跌期权，并且重仓了地产及周期公司，收获18.6%的收益。大卫·霍恩收到马斯克寄来的短裤本轮交易的成功也源自于他四季度的预判：鲍威尔是否认为只要注意到通胀就会消失？当然，整个游戏都是为了支持市场，这也是大多数投资者所期望的。当派对变得疯狂时，美联储不会拿走酒杯。相反，当一方要抢夺时，他只会带着更大的冲击力回来。这就是为什么现在许多人担心美联储可能会因收紧正在减速的通胀而犯下严重的政策错误。一些人认为，即使是单次收紧也是错误的。我们认为，通胀问题是如此根深蒂固，以至于美联储要想成功应对它，就必须牺牲金融市场的首要地位。我们不知道美联储是否会通过始终落后于曲线来容忍通胀，或者让经济状况收紧到放缓的地步，也许更重要的是，美联储会被指责为经济放缓的罪魁祸首。事实上，经济和劳动力市场是过热的，商品市场变得越来越紧俏。尽管政界人士对 80 美元的石油和 6 美元的玉米表示担忧，但这两种关键原材料可能会大幅上涨。仅仅停止印钞并逐步提高利率以保持股市支撑，似乎不太可能将通胀率回落到 2% 以下。而且劳动力短缺的驱动因素之一是年轻投机者的账面浮盈，他们宁愿“在家交易”也不愿找工作，让他们重新审视这种想法可能需要一个严重的熊市。这一切都让我们想起了Netflix电影《不要抬头》，当真正解决问题时，我们的领导人并不认真。通货膨胀不会像彗星一样摧毁地球。然而，由于央行宽松的货币政策与全球 ESG 举措相结合时，世界上的穷人面临冻死和挨饿的风险。在一些地方，这正在造成动荡。最终，我们相信通胀终将衰退，无论美联储选择做什么，必需品价格的上涨最终会导致低收入消费者减少购买其他东西，有迹象表明这已经在发生。05、“Baby巴菲特”：美联储失去了通胀斗士的信誉在疫情期间以2700万美元赢得26亿美元的比尔·阿克曼（Bill Ackman）被人们封为“战神”，在此之前福布斯封面将他称为 “Baby Buffett”。他的潘兴广场资本（Pershing Square Capital Management）经历了大起大落，从规模最高的200亿美元缩水到70亿美元，如今这匹华尔街之狼收复了规模。阿克曼登上福布斯封面故事：Baby Buffett在去年，阿克曼做空较短期限的美国国债及部分十年期债券，这1.7亿美元的期权赌注，后来价值约10亿美元[1]。阿克曼利用疫情和通胀彻底翻身，最近也在推特发表了对于通胀的看法：虽然传统观念认为美联储今年会加息3-4次缓解通胀，市场预计加息25个基点。但美联储失去了作为通胀斗士的公信力，正在逐步输掉通胀战争，给脆弱的人带来痛苦的打击，因此3-4次加息是否足够？我认为美联储可以通过加息50个基点的意外举措来恢复其信誉，甚至震慑市场，以表决心。加息50个基点的初始举措将产生降低通胀的反身性，这将缓解未来更加激进或者令经济承担更痛苦措施的需求。戏剧的是在鬼故事把美股吓崩之后，阿克曼顺势抄底了310万股Netflix的股票。","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638167730,"gmtCreate":1645145571594,"gmtModify":1645145571984,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>&nbsp;haha nvm slowly wait","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>&nbsp;haha nvm slowly wait","text":"$GENTING SINGAPORE LIMITED(G13.SI)$ haha nvm slowly wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638167730","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":633704670,"gmtCreate":1644310118570,"gmtModify":1644310118886,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a>go up pls....&nbsp;","listText":"<a href=\"https://laohu8.com/S/5DX.SI\">$METAL COMPONENT ENGG LTD(5DX.SI)$</a>go up pls....&nbsp;","text":"$METAL COMPONENT ENGG LTD(5DX.SI)$go up pls....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633704670","isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699066029,"gmtCreate":1639724262921,"gmtModify":1639724263259,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Daily mission, like pls thanks","listText":"Daily mission, like pls thanks","text":"Daily mission, like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699066029","repostId":"1108936663","repostType":4,"repost":{"id":"1108936663","pubTimestamp":1639723361,"share":"https://www.laohu8.com/m/news/1108936663?lang=&edition=full","pubTime":"2021-12-17 14:42","market":"us","language":"en","title":"Uber: Ugly Duckling Is Growing Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1108936663","media":"Seeking Alpha","summary":"Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging econo","content":"<p><b>Summary</b></p>\n<ul>\n <li>Uber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.</li>\n <li>Mobility business is fast recovering from the pandemic as the economies reopen.</li>\n <li>Future lockdowns and covid restrictions that were seen before are not likely.</li>\n <li>Therefore, Uber may be the ugly duckling waiting to become a swan.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44b93f3ad8b1091da22c151e759153e2\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>MOZCO Mateusz Szymanski/iStock Editorial via Getty Images</span></p>\n<p><b>Introduction and Thesis</b></p>\n<p>I am starting to believe that Uber's(NYSE:UBER)story is unfolding like the story of the ugly duckling. In the early days of going public, Uber suffered ignorance and unfavorable views from the investing community just like the ugly duckling, but today, I believe Uber is just around the corner from blossoming into a beautiful and successful swan.</p>\n<p>Uber's business is turning around as the underlying trend forms in favor of the company. From the depths of the pandemic to the pace of recovery seen today, the world changed for good, at least for Uber. One of those changes is food delivery. During the pandemic, consumers could not comfortably leave their houses and dine out resulting in those consumers turning to food delivery permanently growing a business that has been the primary reason for Uber's continuous losses. Thus, as the trend of food delivery continues to grow from the pandemic, Uber's business through economies of scale has been enjoying the favorable trend, and I believe that the convenience of food delivery will allow permanent penetration of delivery in our daily lives. Further, as mobility recovers as well from the pandemic in all aspects, Uber is likely to report a profitable 2022 fiscal year. Although there are risks of dilution,Covid and macroeconomic risks, I believe now is finally the time to consider investing in the ugly duckling.</p>\n<p><b>Favorable Trend</b></p>\n<p>Pandemic brought devastation across nearly all industries and aspects of our lives; however, for Uber, I believe pandemic turned out to be beneficial for the company. Uber's major businesses are delivery and mobility. Before the pandemic, while the mobility business was starting to report positive adjusted EBTIDA, the delivery business continued to struggle. The market was relatively smaller and competitive leading to Uber spending immense amounts of capital on sales, marketing, and development. Even worse, the economies of scale were not seen at the time. However, times have changed for the delivery business. First, the food delivery industry exploded in popularity. For example, Uber's delivery business grew almost&nbsp;3 fold&nbsp;from&nbsp;2019Q4. This massive growth in the industry allowed Uber to leverage economies of scale leading to improving bottom lines. Further, the adaption of the delivery culture in the daily lives of the people allowed Uber to expand its business to more than delivering foods. The company is currently delivering groceries, Christmas trees, and even alcoholic beverages. Therefore, as the market continues to mature, Uber can leverage economies of scale to turn around its loss-leading delivery business into a profitable giant.</p>\n<p>Some critics may argue that delivery was only successful because consumers were not comfortable going outside during the pandemic. I would like to argue otherwise. A pandemic may have been the driving factor behind the adaption of the delivery service by the public; however, convenience was what is and will sustain this business model. Through innovation seen in the past decades, we have seen how much consumers care about convenience through the rise of Amazon(NASDAQ:AMZN), Meta Platforms(NASDAQ:FB), and Apple(NASDAQ:AAPL). Why socialize digitally when you can meet others physically? Why order packages online and wait days when you can simply go buy that product today? Why use smartphones when you already had mobile phones? Consumers will never go back to the more inconvenient way of life.</p>\n<p>Unlike the delivery business, the mobility business was damaged by the pandemic, but it is expected that the mobility business will return to 2019 levels as the impact of the pandemic wanes. As the picture below shows, the mobility business in the world's biggest cities has almost returned to normalcy after the lockdown showing that the demand for ride-hailing services is still present. Further, as pandemic subsides and offices re-open, the mobility business will continue to grow.</p>\n<p><img src=\"https://static.tigerbbs.com/e0a5ee8af7dd1261e2686a20efa4d3b9\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"></p>\n<p><b>Covid Fears</b></p>\n<p>Although pandemic was the leading cause of the delivery business success, a worsening pandemic will most likely damage my bullish thesis. A mobility business, a business segment set to lead profitability, will be heavily damaged; however, contrary to the mainstream media's opinion, I believe this scenario is unlikely to unfold due to vaccines and public sentiments.</p>\n<p>Pfizer(NYSE:PFE)&nbsp;on December 8th confirmed that theirCovid vaccines are still effective against the Omicron variant. The company said that a preliminary study \"demonstrates that three doses [of the vaccines] neutralize the Omicron variant while two doses show significantly reduced neutralization titers.\" The company's claims are backed by Omicron orCovid outbreak unfolding in many European nations including Italy, France, the UK, and more.</p>\n<p><img src=\"https://static.tigerbbs.com/fe98b474db7223afa7617f0cb8545e42\" tg-width=\"640\" tg-height=\"413\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/8849809f79a66a367009de9b31677d63\" tg-width=\"640\" tg-height=\"400\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/415cdc534da7dc5a6d6f9e754adf099e\" tg-width=\"640\" tg-height=\"388\" width=\"100%\" height=\"auto\"></p>\n<p>Using France as an example, the first picture above shows theCovid cases rising exponentially while the second picture shows the death rate is range-bound. The vaccination rate, shown in the third picture, backs up Pfizer's claim regarding the efficacy of its vaccines because while infections are rising, fatalities are limited due to the vaccines.</p>\n<p>Further, the public's resent for more lockdowns and extreme restrictions are most likely to make Uber's mobility segment of the business more resilient than previous outbreaks.</p>\n<p><b>Financials and Valuation</b></p>\n<p>Uber's balance sheet along with valuation is great. According to&nbsp;Uber's quarterly report, Uber reported revenue growth of 72% year-over-year to $4.8 billion dollars with $8 million positive adjusted EBITDA. After years of losses, the delivery businesses reached a near breakeven level to -0.1% adjusted EBITDA margin. Further, the company's mobility or mobility business had a 5.5% adjusted EBITDA margin, which was on par with the pre-pandemic margins. Overall, the continual improvement of the company's business is resulting in decreasing losses and a stronger balance sheet. Uber has about $5.6 billion in cash and about $33 billion in total assets while the total liabilities were about $20 billion bringing total liability to asset ratio (L/A) to about 60%. All in all, I believe Uber's balance sheet is strong enough to sustain the company's operation given no major changes.</p>\n<p>The valuation of Uber is slightly high. Uber, still unprofitable, trades at about 4.7 times&nbsp;price to&nbsp;sales ratio and about 3 times the forward price to sales ratio. These numbers may seem minimal in comparison with other companies, but because the margin expansion for Uber is questionable, I would say that Uber's valuation today is slightly high. However, as the business turns to reach profitability in the near future, I think the slightly high valuation seen in Uber may be manageable for some investors.</p>\n<p><b>Risks</b></p>\n<p>Investing in Uber comes with significant risks including dilution risks and macroeconomic risks. Uber has been extremely unprofitable for the past years resulting in massive dilution.Uber's outstanding shares increased 12.35% in 2018, 160.62% in 2019, 40.42% in 2020, and 8.2% to date in 2021. As such, to maintain the company's operations, Uber continuously diluted its existing shareholders. Thus, any hurdles to reaching profitability may result in even more dilution in the future. Also, the reason for Uber's financial health today is because of the massive dilution. Further, macroeconomic risks beyond Uber's control may impact the company. Inflation is already at historical highs, and it may continue to stay at these levels resulting in an even faster pace of tapering and rising rates by the Federal Reserve. Therefore, because Uber is still not profitable, raising rates will most likely affect the company negatively.</p>\n<p><b>Summary</b></p>\n<p>No one knows for sure if Uber will blossom into a beautiful swan from an ugly duckling, but today, I am starting to be cautiously bullish on Uber. Pandemic ultimately benefited the company's overall operations leading to a boom in the delivery business, which aided in Uber reaching unit economics. Further, the delivery business is expected to expand as consumers adapt to a more convenient way of life. For the mobility business, there were significant damages; however, as Uber has shown, the mobility business is strongly recovering to 2019 levels as the economies reopen. Therefore, as Uber attempts to turn around its business, I believe investors should worth consider investing in Uber. After all, Uber may blossom into a beautiful swan.</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>Uber: Ugly Duckling Is Growing Up</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\">\nUber: Ugly Duckling Is Growing Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 14:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.\nMobility business is fast recovering from the pandemic as the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://seekingalpha.com/article/4475598-uber-ugly-duckling-is-growing-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108936663","content_text":"Summary\n\nUber's delivery business is booming and expanding resulting in the company leveraging economies of scale to reach profitability.\nMobility business is fast recovering from the pandemic as the economies reopen.\nFuture lockdowns and covid restrictions that were seen before are not likely.\nTherefore, Uber may be the ugly duckling waiting to become a swan.\n\nMOZCO Mateusz Szymanski/iStock Editorial via Getty Images\nIntroduction and Thesis\nI am starting to believe that Uber's(NYSE:UBER)story is unfolding like the story of the ugly duckling. In the early days of going public, Uber suffered ignorance and unfavorable views from the investing community just like the ugly duckling, but today, I believe Uber is just around the corner from blossoming into a beautiful and successful swan.\nUber's business is turning around as the underlying trend forms in favor of the company. From the depths of the pandemic to the pace of recovery seen today, the world changed for good, at least for Uber. One of those changes is food delivery. During the pandemic, consumers could not comfortably leave their houses and dine out resulting in those consumers turning to food delivery permanently growing a business that has been the primary reason for Uber's continuous losses. Thus, as the trend of food delivery continues to grow from the pandemic, Uber's business through economies of scale has been enjoying the favorable trend, and I believe that the convenience of food delivery will allow permanent penetration of delivery in our daily lives. Further, as mobility recovers as well from the pandemic in all aspects, Uber is likely to report a profitable 2022 fiscal year. Although there are risks of dilution,Covid and macroeconomic risks, I believe now is finally the time to consider investing in the ugly duckling.\nFavorable Trend\nPandemic brought devastation across nearly all industries and aspects of our lives; however, for Uber, I believe pandemic turned out to be beneficial for the company. Uber's major businesses are delivery and mobility. Before the pandemic, while the mobility business was starting to report positive adjusted EBTIDA, the delivery business continued to struggle. The market was relatively smaller and competitive leading to Uber spending immense amounts of capital on sales, marketing, and development. Even worse, the economies of scale were not seen at the time. However, times have changed for the delivery business. First, the food delivery industry exploded in popularity. For example, Uber's delivery business grew almost 3 fold from 2019Q4. This massive growth in the industry allowed Uber to leverage economies of scale leading to improving bottom lines. Further, the adaption of the delivery culture in the daily lives of the people allowed Uber to expand its business to more than delivering foods. The company is currently delivering groceries, Christmas trees, and even alcoholic beverages. Therefore, as the market continues to mature, Uber can leverage economies of scale to turn around its loss-leading delivery business into a profitable giant.\nSome critics may argue that delivery was only successful because consumers were not comfortable going outside during the pandemic. I would like to argue otherwise. A pandemic may have been the driving factor behind the adaption of the delivery service by the public; however, convenience was what is and will sustain this business model. Through innovation seen in the past decades, we have seen how much consumers care about convenience through the rise of Amazon(NASDAQ:AMZN), Meta Platforms(NASDAQ:FB), and Apple(NASDAQ:AAPL). Why socialize digitally when you can meet others physically? Why order packages online and wait days when you can simply go buy that product today? Why use smartphones when you already had mobile phones? Consumers will never go back to the more inconvenient way of life.\nUnlike the delivery business, the mobility business was damaged by the pandemic, but it is expected that the mobility business will return to 2019 levels as the impact of the pandemic wanes. As the picture below shows, the mobility business in the world's biggest cities has almost returned to normalcy after the lockdown showing that the demand for ride-hailing services is still present. Further, as pandemic subsides and offices re-open, the mobility business will continue to grow.\n\nCovid Fears\nAlthough pandemic was the leading cause of the delivery business success, a worsening pandemic will most likely damage my bullish thesis. A mobility business, a business segment set to lead profitability, will be heavily damaged; however, contrary to the mainstream media's opinion, I believe this scenario is unlikely to unfold due to vaccines and public sentiments.\nPfizer(NYSE:PFE) on December 8th confirmed that theirCovid vaccines are still effective against the Omicron variant. The company said that a preliminary study \"demonstrates that three doses [of the vaccines] neutralize the Omicron variant while two doses show significantly reduced neutralization titers.\" The company's claims are backed by Omicron orCovid outbreak unfolding in many European nations including Italy, France, the UK, and more.\n\nUsing France as an example, the first picture above shows theCovid cases rising exponentially while the second picture shows the death rate is range-bound. The vaccination rate, shown in the third picture, backs up Pfizer's claim regarding the efficacy of its vaccines because while infections are rising, fatalities are limited due to the vaccines.\nFurther, the public's resent for more lockdowns and extreme restrictions are most likely to make Uber's mobility segment of the business more resilient than previous outbreaks.\nFinancials and Valuation\nUber's balance sheet along with valuation is great. According to Uber's quarterly report, Uber reported revenue growth of 72% year-over-year to $4.8 billion dollars with $8 million positive adjusted EBITDA. After years of losses, the delivery businesses reached a near breakeven level to -0.1% adjusted EBITDA margin. Further, the company's mobility or mobility business had a 5.5% adjusted EBITDA margin, which was on par with the pre-pandemic margins. Overall, the continual improvement of the company's business is resulting in decreasing losses and a stronger balance sheet. Uber has about $5.6 billion in cash and about $33 billion in total assets while the total liabilities were about $20 billion bringing total liability to asset ratio (L/A) to about 60%. All in all, I believe Uber's balance sheet is strong enough to sustain the company's operation given no major changes.\nThe valuation of Uber is slightly high. Uber, still unprofitable, trades at about 4.7 times price to sales ratio and about 3 times the forward price to sales ratio. These numbers may seem minimal in comparison with other companies, but because the margin expansion for Uber is questionable, I would say that Uber's valuation today is slightly high. However, as the business turns to reach profitability in the near future, I think the slightly high valuation seen in Uber may be manageable for some investors.\nRisks\nInvesting in Uber comes with significant risks including dilution risks and macroeconomic risks. Uber has been extremely unprofitable for the past years resulting in massive dilution.Uber's outstanding shares increased 12.35% in 2018, 160.62% in 2019, 40.42% in 2020, and 8.2% to date in 2021. As such, to maintain the company's operations, Uber continuously diluted its existing shareholders. Thus, any hurdles to reaching profitability may result in even more dilution in the future. Also, the reason for Uber's financial health today is because of the massive dilution. Further, macroeconomic risks beyond Uber's control may impact the company. Inflation is already at historical highs, and it may continue to stay at these levels resulting in an even faster pace of tapering and rising rates by the Federal Reserve. Therefore, because Uber is still not profitable, raising rates will most likely affect the company negatively.\nSummary\nNo one knows for sure if Uber will blossom into a beautiful swan from an ugly duckling, but today, I am starting to be cautiously bullish on Uber. Pandemic ultimately benefited the company's overall operations leading to a boom in the delivery business, which aided in Uber reaching unit economics. Further, the delivery business is expected to expand as consumers adapt to a more convenient way of life. For the mobility business, there were significant damages; however, as Uber has shown, the mobility business is strongly recovering to 2019 levels as the economies reopen. Therefore, as Uber attempts to turn around its business, I believe investors should worth consider investing in Uber. After all, Uber may blossom into a beautiful swan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879940829,"gmtCreate":1636678714942,"gmtModify":1636678715600,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/532.SI\">$DISA LIMITED(532.SI)$</a>&nbsp;from june till now, no movement at all... Everyday 0.01 - 0.02... Can't close it also... Money kena stuck inside here with no earning...","listText":"<a href=\"https://laohu8.com/S/532.SI\">$DISA LIMITED(532.SI)$</a>&nbsp;from june till now, no movement at all... Everyday 0.01 - 0.02... Can't close it also... Money kena stuck inside here with no earning...","text":"$DISA LIMITED(532.SI)$ from june till now, no movement at all... Everyday 0.01 - 0.02... Can't close it also... Money kena stuck inside here with no earning...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/879940829","isVote":1,"tweetType":1,"viewCount":1008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841291119,"gmtCreate":1635912203064,"gmtModify":1635912203205,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"[难过]&nbsp;why i didn't get attempt&nbsp;","listText":"[难过]&nbsp;why i didn't get attempt&nbsp;","text":"[难过] why i didn't get attempt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841291119","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":154578050,"gmtCreate":1625536536470,"gmtModify":1631891228944,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a","listText":"SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a","text":"SHARES of SingMyanmar^: Y45 +12.82% were up on Monday after the investment company announced it was pivoting its direction towards technology-based software-as-a-service (SaaS) businesses.As at 11.32am, the counter gained 10.6 Singapore cents or 151.4 per cent to reach its intraday peak of 17.6 Singapore cents amid heavy trading, with some 18.2 million shares changing hands.On June 30, the company said it would pivot the company's direction to include cryptocurrency, SaaS and other high-tech platforms.It would also look to work with other partners in the areas of gaming, augmented reality and digital entertainment, and electric vehicles and robotics.The company had previously announced it was entering into a subscription agreement with China-based Internet company The9, which will become a","images":[{"img":"https://static.tigerbbs.com/c32635b708726833de617298eb86b1cf","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":18,"repostSize":0,"link":"https://laohu8.com/post/154578050","isVote":1,"tweetType":1,"viewCount":1189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":185380100,"gmtCreate":1623633350600,"gmtModify":1631888664234,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Capitaland and genting sg, gogogo!!!!&nbsp;","listText":"Capitaland and genting sg, gogogo!!!!&nbsp;","text":"Capitaland and genting sg, gogogo!!!!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/185380100","repostId":"1179990955","repostType":4,"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352217468,"gmtCreate":1616978211754,"gmtModify":1634523367280,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Daily misson! Like me!&nbsp;","listText":"Daily misson! Like me!&nbsp;","text":"Daily misson! Like me!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/352217468","repostId":"1171382652","repostType":4,"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835953206,"gmtCreate":1629684968605,"gmtModify":1631884042097,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>you down i buy, u down again i buy again... Because you will growth when this Covid gone or be normal ill","listText":"<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>you down i buy, u down again i buy again... Because you will growth when this Covid gone or be normal ill","text":"$GENTING SINGAPORE LIMITED(G13.SI)$you down i buy, u down again i buy again... Because you will growth when this Covid gone or be normal ill","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/835953206","isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110985312,"gmtCreate":1622421857436,"gmtModify":1634101685573,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning pls help me like and comment&nbsp;","listText":"Morning pls help me like and comment&nbsp;","text":"Morning pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/110985312","repostId":"1127487048","repostType":4,"repost":{"id":"1127487048","pubTimestamp":1622416539,"share":"https://www.laohu8.com/m/news/1127487048?lang=&edition=full","pubTime":"2021-05-31 07:15","market":"us","language":"en","title":"Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1127487048","media":"Barron's","summary":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long ","content":"<p>U.S. stock and bond markets are closed Monday for Memorial Day. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> will return from the long weekend to a handful of notable companies’ quarterly results.&nbsp;<a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video <a href=\"https://laohu8.com/S/JCS\">Communications</a>,Canopy Growth,and&nbsp;Hewlett Packard Enterprisereport on Tuesday, followed by&nbsp;Advance Auto Partson Wednesday. On Thursday,&nbsp;<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>,DocuSign,and&nbsp;Lululemon&nbsp;Athletica release results.</p><p>The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down&nbsp;to 5.9%, from 6.1%.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels.&nbsp;The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.</p><p>Monday 5/31</p><p><b>Stock and fixed-income</b>&nbsp;markets are closed in observance of Memorial Day.</p><p><b>The Organization</b>for Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.</p><p>Tuesday 6/1</p><p><a href=\"https://laohu8.com/S/BNS\">Bank of Nova Scotia</a>,Canopy Growth, <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a>, and Zoom Video Communications announce quarterly results.</p><p><b>The Institute for Supply</b>Management releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.</p><p><b>The Census Bureau</b>reports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.</p><p>Wednesday 6/2</p><p><a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a>,<a href=\"https://laohu8.com/S/NTAP\">NetApp</a>,and PVH report earnings.</p><p><a href=\"https://laohu8.com/S/PM\">Philip Morris</a> Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.</p><p><b>The Federal Reserve</b>releases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.</p><p>Thursday 6/3</p><p><b>ADP releases its <a href=\"https://laohu8.com/S/NHLD\">National</a> Employment</b>report for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.</p><p>Broadcom,CooperCos., DocuSign,J.M. Smucker,and <a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica</a> hold conference calls to discuss earnings.</p><p><b>The Bureau of Economic Analysis</b>reports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.</p><p><b>The ISM releases</b>its Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.</p><p>Friday 6/4</p><p>Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 <a href=\"https://laohu8.com/S/AFG\">American</a> Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.</p><p><b>The Bureau of Labor</b>Statistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the <a href=\"https://laohu8.com/S/AONE\">one</a> million jump expected by some economists.</p>","source":"lsy1610680873436","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>Zoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week</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\">\nZoom, Lululemon, Canopy Growth and Other Stocks for Investors to See This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy ...</p>\n\n<a href=\"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","LULU":"lululemon athletica",".IXIC":"NASDAQ Composite","ZM":"Zoom","CGC":"Canopy Growth Corporation",".SPX":"S&P 500 Index","ISBC":"投资者银行"},"source_url":"https://www.barrons.com/articles/zoom-lululemon-canopy-growth-and-other-stocks-for-investors-to-watch-this-week-51622401200","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127487048","content_text":"U.S. stock and bond markets are closed Monday for Memorial Day. Investors will return from the long weekend to a handful of notable companies’ quarterly results. Zoom Video Communications,Canopy Growth,and Hewlett Packard Enterprisereport on Tuesday, followed by Advance Auto Partson Wednesday. On Thursday, Broadcom,DocuSign,and Lululemon Athletica release results.The highlight on the economic-data calendar this week will be Friday’s May jobs report from the Bureau of Labor Statistics. The consensus forecast is for a gain of 700,000 nonfarm payrolls, after a disappointing 266,000 in April. The unemployment rate is expected to tick down to 5.9%, from 6.1%.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Tuesday and the Services equivalent on Thursday. Both are seen staying roughly even with April’s buoyant levels. The Organization for Economic Cooperation and Development also releases its latest economic outlook on Monday.Monday 5/31Stock and fixed-income markets are closed in observance of Memorial Day.The Organizationfor Economic Cooperation and Development releases its latest economic outlook. In its March interim report, the OECD projected a 5.6% growth rate for global gross domestic product in 2021, an upward revision of a full percentage point from the December 2020 forecast.Tuesday 6/1Bank of Nova Scotia,Canopy Growth, Hewlett Packard Enterprise, and Zoom Video Communications announce quarterly results.The Institute for SupplyManagement releases its Manufacturing Purchasing Managers’ Index for May. Consensus estimate is for a 60.8 reading, roughly even with the April data.The Census Bureaureports construction spending for April. Expectations are for a 0.6% month-over-month rise to a seasonally adjusted annual rate of $1.52 trillion. Construction spending remains just below its all-time peak in January of this year.Wednesday 6/2Advance Auto Parts,NetApp,and PVH report earnings.Philip Morris Internationalhosts a webcast led by CEO Jacek Olczak to discuss the company’s sustainability strategy.The Federal Reservereleases the beige book for the fourth of eight times this year. The report presents anecdotal data on the health of the economy collected by the 12 Federal Reserve Bank districts.Thursday 6/3ADP releases its National Employmentreport for May. Consensus estimate is for a 610,000 gain in nonfarm private-sector employment, following an increase of 742,000 in April.Broadcom,CooperCos., DocuSign,J.M. Smucker,and Lululemon Athletica hold conference calls to discuss earnings.The Bureau of Economic Analysisreports total light-vehicle sales for May. In April, they hit a seasonally adjusted annual rate of 18.5 million, the highest figure since July 2005.The ISM releasesits Services PMI for May. Consensus estimate is for a 63.2 reading, compared with April’s 62.7 figure.Friday 6/4Amgenhosts a conference call to discuss drug trial data from its oncology pipeline. The information will be presented at the 2021 American Society of Clinical Oncology annual meeting, which runs virtually from June 4 through June 8.The Bureau of LaborStatistics releases the jobs report for May. Economists forecast a 700,000 rise in nonfarm payrolls, after a relatively modest 266,000 gain in April. The unemployment rate is expected to edge down to 5.9% from 6.1%. The April increase was a massive shortfall from the one million jump expected by some economists.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199630178,"gmtCreate":1620698662694,"gmtModify":1634197010448,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning pls help me like and comment&nbsp;","listText":"Morning pls help me like and comment&nbsp;","text":"Morning pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/199630178","repostId":"2134551566","repostType":4,"repost":{"id":"2134551566","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":1620678383,"share":"https://www.laohu8.com/m/news/2134551566?lang=&edition=full","pubTime":"2021-05-11 04:26","market":"us","language":"en","title":"Wall Street closes lower as inflation fears prompt tech sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=2134551566","media":"Reuters","summary":"* Electric vehicle shares drop after Workhorse miss. * Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%. NEW YORK, May 10  - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leader","content":"<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as inflation fears prompt tech sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower as inflation fears prompt tech sell-off\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\">2021-05-11 04:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134551566","content_text":"* Electric vehicle shares drop after Workhorse miss* Rising commodity prices fuel inflation concerns* Tech-related stocks pull Nasdaq lower* Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities $(TIPS)$ touched their highest levels since 2011 and 2013, respectively.\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.The Dow Jones Industrial Average fell 34.94 points, or 0.1%, to 34,742.82, the S&P 500 lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite dropped 350.38 points, or 2.55%, to 13,401.86.Of the 11 major sectors in the S&P 500, six closed red. Tech was the biggest loser, sliding 2.5%.First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.Analysts now see year-on-year S&P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per RefinitivHotel operator Marriott International Inc missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.After the bell, its rival Wynn Resorts Ltd missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.Electric vehicle stocks put on the brakes, with Tesla Inc down 6.4% and Fisker off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.FireEye rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.The S&P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.Here are company's financial statementsOccidental Petroleum loss narrows as crude prices reboundAffirm beats on revenue, sees early recovery in travel spendingYalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued OperationsTuSimple Holdings EPS beats by $0.01, misses on revenueNovavax Reports Q1 Loss, Tops Revenue Estimates3D Systems Surpasses Q1 Earnings and Revenue EstimatesVirgin Galactic shares fall after another quarterly loss, no date set for next spaceflight testRoblox revenue grows 140% in first earnings report since company went public","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102965779,"gmtCreate":1620174001091,"gmtModify":1634207287084,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning pls help me like and comment&nbsp;","listText":"Morning pls help me like and comment&nbsp;","text":"Morning pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/102965779","repostId":"1199199416","repostType":4,"repost":{"id":"1199199416","pubTimestamp":1620173020,"share":"https://www.laohu8.com/m/news/1199199416?lang=&edition=full","pubTime":"2021-05-05 08:03","market":"us","language":"en","title":"S&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March","url":"https://stock-news.laohu8.com/highlight/detail?id=1199199416","media":"CNBC","summary":"The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the bench","content":"<div>\n<p>The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month.The broad market index closed the session 0.7% lower at 4,164.66 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March</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\">\nS&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month.The broad market index closed the session 0.7% lower at 4,164.66 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","QQQ":"纳指100ETF","CLX":"高乐氏","BRK.A":"伯克希尔","UPRO":"三倍做多标普500ETF","BRK.B":"伯克希尔B","QID":"纳指两倍做空ETF","SH":"标普500反向ETF","NDAQ":"纳斯达克OMX交易所","IVV":"标普500指数ETF","PFE":"辉瑞","GOOG":"谷歌","OEF":"标普100指数ETF-iShares","GOOGL":"谷歌A","SPXU":"三倍做空标普500ETF","CVS":"西维斯健康","SQQQ":"纳指三倍做空ETF","TSLA":"特斯拉","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SPY":"标普500ETF","AAPL":"苹果",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF",".SPX":"S&P 500 Index","TQQQ":"纳指三倍做多ETF"},"source_url":"https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199199416","content_text":"The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month.The broad market index closed the session 0.7% lower at 4,164.66 after dropping 1.5% at its low. Pressure on some of the globe’s largest technology companies sent the Nasdaq Composite down 1.9% to 13,633.50 for its worst day since March.Apple, the largest publicly traded company in the U.S., fell 3.5%. Google-parent Alphabet lost 1.6%, Facebook shed 1.3% and electric car maker Tesla dropped 1.7%. Investors did not spare the market’s chipmakers, with Nvidia and Intel losing 3.3% and 0.6%, respectively.The Dow Jones Industrial Average ended the day in the green thanks to strong performance in Dow Inc and Caterpillar. The 30-stock benchmark closed 19.8 points, or 0.1%, higher to 34,133.03 after dropping more than 300 points at one point Tuesday.Reasons for the downward pressure varied, but strategists cited a mix of concerns about rising inflation, fears the Federal Reserve may have to taper monetary stimulus earlier than telegraphed, and the potential for tax increases in the months ahead.U.S. equities hit their lows of the day following Treasury Secretary Janet Yellen’scomments that interest ratesmay have to rise somewhat to keep economy from overheating.Evercore ISI strategist Dennis DeBusschere wrote that while Tuesday’s modest move in rates may not be a loud siren that investors are worried about the Fed, he nonetheless believes taper fears are playing a role.“Best we can tell supply concerns are a major issue for investors and inflation / inflation expectations are becoming a headwind,” he wrote in an email. “Although Fed futures are pricing in a much faster pace of rate hikes vs what the Fed wants...that is not the story today. The story is inflation and stronger growth numbers leading to even more inflation given supply constraints and what that means for equities.”DeBusschere’s supply-side concerns join those of a growing number of executives and investors who say rising input prices are starting to erode profit margins.Warren Buffett, the CEO of Berkshire Hathaway, said during his company’s annual meeting over the weekend that he is seeing “very substantial inflation” and his companies are raising prices.Other companies, such as Clorox, have said in recent earnings reports that the prices they pay for the materials used to make their products are rising and could ultimately be passed on to customers. Commodity prices, from lumber to corn to palladium, have surged in recent months.Others have said that even blowout earnings results have been unable to quell marketplace jitters. Even accounting for Tuesday’s losses, the S&P 500 is still up more than 10% so far this year.“We have gone through a two to three week period that has seen really good news get little or no reaction in markets,” wrote Art Hogan, chief market strategist at National Securities. “Investors get uneasy at new highs, and there have been 25 new highs for the S&P 500 so far this year.”“There are concerns that the roaring 20′s economic explosion will take longer than just this summer as people slowly get comfortable getting out and about,” he added. “Equities look expensive on a trailing basis, but not from a forward looking viewpoint.”With the market at all-time highs, investors are torn between playing the reopening with shares like retailers or continuing to bet on Big Tech, which just reported blockbuster earnings.The move in equities followed solid gains for the Dow on Monday as investors piled into shares that would benefit the most from an economic reopening. The 30-stock benchmark rallied more than 200 points, while the S&P 500 inched up 0.3%. Retail stocks led the market advance on Monday with Gap and Macy’s rallying more than 7%.Pfizershares rose slightly following quarterly resultsthat beat expectations and raising its 2021 guidance.CVS Healthshares jumped 4.4% after the pharmacy chain and insurance companyalso raised its guidance.United States Steelpopped 7.9% after Credit Suisseupgradedthe stock to outperform from underperform, saying that the surge in prices for steel made it clear that the industry was in a “super cycle.”“Investors could be getting increasingly disappointed that stocks are not doing well in the face of fantastic earnings news,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377038040,"gmtCreate":1619483812080,"gmtModify":1634212430855,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning pls help me like and comment&nbsp;","listText":"Morning pls help me like and comment&nbsp;","text":"Morning pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/377038040","repostId":"1190086074","repostType":4,"repost":{"id":"1190086074","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619480390,"share":"https://www.laohu8.com/m/news/1190086074?lang=&edition=full","pubTime":"2021-04-27 07:39","market":"us","language":"en","title":"Tesla posts record net income of $438 million, revenue surges by 74%","url":"https://stock-news.laohu8.com/highlight/detail?id=1190086074","media":"Tiger Newspress","summary":"Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv","content":"<p><b>KEY POINTS</b></p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul><p>Tesla&nbsp;reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul><p>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from&nbsp;sales of bitcoin&nbsp;during the quarter.</p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter&nbsp;vehicle deliveries of 184,800&nbsp;Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some&nbsp;vexed customers.</p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p>The company revealed in February it purchased&nbsp;$1.5 billion in bitcoin&nbsp;and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</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>Tesla posts record net income of $438 million, revenue surges by 74%</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 posts record net income of $438 million, revenue surges by 74%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-27 07:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul><p>Tesla&nbsp;reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul><p>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from&nbsp;sales of bitcoin&nbsp;during the quarter.</p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter&nbsp;vehicle deliveries of 184,800&nbsp;Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some&nbsp;vexed customers.</p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p>The company revealed in February it purchased&nbsp;$1.5 billion in bitcoin&nbsp;and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190086074","content_text":"KEY POINTSTesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:Earnings:93 cents per share vs. 79 cents per share expectedRevenue:$10.39 billion vs. $10.29 billion expected, up 74% from a year agoNet profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from sales of bitcoin during the quarter.CEO Elon Musk’s electric vehicle business reported in the first quarter vehicle deliveries of 184,800 Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some vexed customers.Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.The company revealed in February it purchased $1.5 billion in bitcoin and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175194455,"gmtCreate":1627011772177,"gmtModify":1633768784312,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Another sofa today, morning, is TGIF!&nbsp;","listText":"Another sofa today, morning, is TGIF!&nbsp;","text":"Another sofa today, morning, is TGIF!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/175194455","repostId":"1198006783","repostType":4,"repost":{"id":"1198006783","pubTimestamp":1627009839,"share":"https://www.laohu8.com/m/news/1198006783?lang=&edition=full","pubTime":"2021-07-23 11:10","market":"us","language":"en","title":"Snapchat Scores Exclusive Olympics Content In NBC Deal — Could It Replicate Previous Run's Success?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198006783","media":"Benzinga","summary":"Snap Inc’s social media platform and Comcast Corporation broadcasting subsidiary NBC are pairing up ","content":"<p><b>Snap Inc’s</b>&nbsp;social media platform and&nbsp;<b>Comcast Corporation</b>&nbsp;broadcasting subsidiary NBC are pairing up to bring the Olympics to Snapchat.</p>\n<p><b>What Happened:</b>Over 70 episodes featuring Olympics content will be produced exclusively for Snapchat by NBC during the Tokyo Games, as per Snapchat’s website.</p>\n<p>The programming will consist of four daily original Snapchat Shows including two that will carry “near real-time” updates.</p>\n<p>The content will be curated by Snapchat and stories will showcase popular events, behind-the-scenes footage, and “Snaps” from athletes competing in the Japanese capital, as per Snapchat.</p>\n<p><b>Why It Matters:</b>NBC coughed up $7.75 billion to the International Olympic Committee for the broadcast rights of the XXXII Olympiad, which will formally open on Friday in Tokyo. The deal is effective until the 2032 Olympics, as per a USA Todayreport.</p>\n<p>This is not the first time NBC and Snapchat have worked together on Olympics content. Tokyo 2020 is the third time the pair have teamed up.</p>\n<p>In the previous Summer Olympics held in Rio, Brazil, almost 35 million Americans — most under the age of 35 —watched more than 230 million minutesof NBC content on Snapchat.</p>\n<p>As per Snap’s latest earnings released Thursday, earnings per share or EPS were up 211.11% year-over-year to $0.10 beating the estimate of negative $0.01.</p>","source":"lsy1606299360108","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>Snapchat Scores Exclusive Olympics Content In NBC Deal — Could It Replicate Previous Run's Success?</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\">\nSnapchat Scores Exclusive Olympics Content In NBC Deal — Could It Replicate Previous Run's Success?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/07/22118545/snapchat-scores-exclusive-olympics-content-in-nbc-deal-could-it-replicate-previous-runs-success><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snap Inc’s social media platform and Comcast Corporation broadcasting subsidiary NBC are pairing up to bring the Olympics to Snapchat.\nWhat Happened:Over 70 episodes featuring Olympics content will be...</p>\n\n<a href=\"https://www.benzinga.com/news/21/07/22118545/snapchat-scores-exclusive-olympics-content-in-nbc-deal-could-it-replicate-previous-runs-success\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CMCSA":"康卡斯特","SNAP":"Snap Inc"},"source_url":"https://www.benzinga.com/news/21/07/22118545/snapchat-scores-exclusive-olympics-content-in-nbc-deal-could-it-replicate-previous-runs-success","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198006783","content_text":"Snap Inc’s social media platform and Comcast Corporation broadcasting subsidiary NBC are pairing up to bring the Olympics to Snapchat.\nWhat Happened:Over 70 episodes featuring Olympics content will be produced exclusively for Snapchat by NBC during the Tokyo Games, as per Snapchat’s website.\nThe programming will consist of four daily original Snapchat Shows including two that will carry “near real-time” updates.\nThe content will be curated by Snapchat and stories will showcase popular events, behind-the-scenes footage, and “Snaps” from athletes competing in the Japanese capital, as per Snapchat.\nWhy It Matters:NBC coughed up $7.75 billion to the International Olympic Committee for the broadcast rights of the XXXII Olympiad, which will formally open on Friday in Tokyo. The deal is effective until the 2032 Olympics, as per a USA Todayreport.\nThis is not the first time NBC and Snapchat have worked together on Olympics content. Tokyo 2020 is the third time the pair have teamed up.\nIn the previous Summer Olympics held in Rio, Brazil, almost 35 million Americans — most under the age of 35 —watched more than 230 million minutesof NBC content on Snapchat.\nAs per Snap’s latest earnings released Thursday, earnings per share or EPS were up 211.11% year-over-year to $0.10 beating the estimate of negative $0.01.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111507347,"gmtCreate":1622685247790,"gmtModify":1634099168908,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Please help me like and comment&nbsp;","listText":"Please help me like and comment&nbsp;","text":"Please help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/111507347","repostId":"1115876867","repostType":4,"repost":{"id":"1115876867","pubTimestamp":1622678071,"share":"https://www.laohu8.com/m/news/1115876867?lang=&edition=full","pubTime":"2021-06-03 07:54","market":"us","language":"en","title":"Shares of retail favorite AMC nearly double, company woos investors with free popcorn","url":"https://stock-news.laohu8.com/highlight/detail?id=1115876867","media":"Reuters","summary":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on W","content":"<p>Shares of retail investor favorite <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.</p><p>The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and <a href=\"https://laohu8.com/S/K\">Kellogg</a>(K.N), as well as fellow meme-stock <a href=\"https://laohu8.com/S/GME\">GameStop</a>(GME.N).</p><p>In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.</p><p>Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider <a href=\"https://laohu8.com/S/BBRY\">BlackBerry</a> and headphone maker <a href=\"https://laohu8.com/S/KOSS\">Koss</a> Corp(KOSS.O)rose 31.1% and 68.6%, respectively.</p><p>The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of <a href=\"https://laohu8.com/S/GME\">GameStop</a> earlier this year.</p><p>\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>.</p><p>GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.</p><p>'GAMMA SQUEEZE'</p><p>Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.</p><p>\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.</p><p>Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.</p><p>With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.</p><p>\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.</p><p>Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.</p><p>\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"</p><p>The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.</p><p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.</p><p>\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"</p><p>On <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and WallStreetBets, some users exhorted <a href=\"https://laohu8.com/S/AONE\">one</a> another to hold on to their shares of AMC while others cheered on the rally.</p><p>\"$amc let’s go again to $100 and beyond,\" wrote <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> user @Rodolf30592158.</p><p>AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.</p><p>The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.</p><p>\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"</p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shares of retail favorite AMC nearly double, company woos investors with free popcorn</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\">\nShares of retail favorite AMC nearly double, company woos investors with free popcorn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has ...</p>\n\n<a href=\"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115876867","content_text":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and Kellogg(K.N), as well as fellow meme-stock GameStop(GME.N).In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider BlackBerry and headphone maker Koss Corp(KOSS.O)rose 31.1% and 68.6%, respectively.The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of GameStop earlier this year.\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at Interactive Brokers.GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.'GAMMA SQUEEZE'Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.Investors appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"On Twitter and WallStreetBets, some users exhorted one another to hold on to their shares of AMC while others cheered on the rally.\"$amc let’s go again to $100 and beyond,\" wrote Twitter user @Rodolf30592158.AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810927434,"gmtCreate":1629940642828,"gmtModify":1631891229052,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Wow! Buy time[财迷]&nbsp;","listText":"Wow! Buy time[财迷]&nbsp;","text":"Wow! Buy time[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":1,"link":"https://laohu8.com/post/810927434","repostId":"1194080589","repostType":4,"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":131102499,"gmtCreate":1621832138011,"gmtModify":1634186231710,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Pls help me like and comment&nbsp;","listText":"Pls help me like and comment&nbsp;","text":"Pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/131102499","repostId":"1142753520","repostType":4,"repost":{"id":"1142753520","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621816950,"share":"https://www.laohu8.com/m/news/1142753520?lang=&edition=full","pubTime":"2021-05-24 08:42","market":"us","language":"en","title":"IPO Previews For The Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1142753520","media":"Benzinga","summary":"With the start of a new week comes the excitement surrounding a new set of companies looking to make","content":"<p>With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings.According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.</p><p><b>FIGS, Inc</b>(NYSE:FIGS) will be trading publicly starting on May 27, 2021 at 05:00 AM. The company's price band is set between $16.0 and $19.0 with an insider lock-up period of 180 days. FIGS, Inc will be offering 22,500,000 shares at a per-share value of $17.5.</p><p><b>FLYWIRE CORPORATION</b>(NASDAQ:FLYW) becomes publicly listed starting on May 26, 2021 at 06:32 AM. The company has a price range set between $22.0 and $24.0 with a 180-day lockup period. FLYWIRE CORPORATION will be offering 8,700,000 shares at a per-share value of $22.99.</p><p><b>Paymentus Holdings, Inc.</b>(NYSE:PAY) will be trading publicly starting on May 26, 2021 at 04:37 AM. The company's price band is set between $19.0 and $21.0 with an insider lock-up period of 180 days. Paymentus Holdings, Inc. will be offering 10,000,000 shares at a per-share value of $20.0.</p><p><b>Neighbourly Pharmacy Inc</b>(TSX:NBLY) will be trading publicly starting on May 25, 2021 at 05:25 AM. Neighbourly Pharmacy Inc will be offering 10,295,000 shares at a per-share value of $17.0 with an insider lock-up period of 180 days.</p><p><b>What Are IPOs?</b></p><p>An initial public offering, or IPO, is the transitional process of a private company deciding to go public and offer shares to investors on an exchange. Typically, IPOs offer companies the ability to build capital. Before a company becomes publicly listed, it must meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.</p><p>Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.</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>IPO Previews For The Week</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\">\nIPO Previews For The Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-24 08:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings.According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.</p><p><b>FIGS, Inc</b>(NYSE:FIGS) will be trading publicly starting on May 27, 2021 at 05:00 AM. The company's price band is set between $16.0 and $19.0 with an insider lock-up period of 180 days. FIGS, Inc will be offering 22,500,000 shares at a per-share value of $17.5.</p><p><b>FLYWIRE CORPORATION</b>(NASDAQ:FLYW) becomes publicly listed starting on May 26, 2021 at 06:32 AM. The company has a price range set between $22.0 and $24.0 with a 180-day lockup period. FLYWIRE CORPORATION will be offering 8,700,000 shares at a per-share value of $22.99.</p><p><b>Paymentus Holdings, Inc.</b>(NYSE:PAY) will be trading publicly starting on May 26, 2021 at 04:37 AM. The company's price band is set between $19.0 and $21.0 with an insider lock-up period of 180 days. Paymentus Holdings, Inc. will be offering 10,000,000 shares at a per-share value of $20.0.</p><p><b>Neighbourly Pharmacy Inc</b>(TSX:NBLY) will be trading publicly starting on May 25, 2021 at 05:25 AM. Neighbourly Pharmacy Inc will be offering 10,295,000 shares at a per-share value of $17.0 with an insider lock-up period of 180 days.</p><p><b>What Are IPOs?</b></p><p>An initial public offering, or IPO, is the transitional process of a private company deciding to go public and offer shares to investors on an exchange. Typically, IPOs offer companies the ability to build capital. Before a company becomes publicly listed, it must meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.</p><p>Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FLYW":"Flywire Corp.","FIGS":"FIGS, Inc.","PAY":"Paymentus Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142753520","content_text":"With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings.According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.FIGS, Inc(NYSE:FIGS) will be trading publicly starting on May 27, 2021 at 05:00 AM. The company's price band is set between $16.0 and $19.0 with an insider lock-up period of 180 days. FIGS, Inc will be offering 22,500,000 shares at a per-share value of $17.5.FLYWIRE CORPORATION(NASDAQ:FLYW) becomes publicly listed starting on May 26, 2021 at 06:32 AM. The company has a price range set between $22.0 and $24.0 with a 180-day lockup period. FLYWIRE CORPORATION will be offering 8,700,000 shares at a per-share value of $22.99.Paymentus Holdings, Inc.(NYSE:PAY) will be trading publicly starting on May 26, 2021 at 04:37 AM. The company's price band is set between $19.0 and $21.0 with an insider lock-up period of 180 days. Paymentus Holdings, Inc. will be offering 10,000,000 shares at a per-share value of $20.0.Neighbourly Pharmacy Inc(TSX:NBLY) will be trading publicly starting on May 25, 2021 at 05:25 AM. Neighbourly Pharmacy Inc will be offering 10,295,000 shares at a per-share value of $17.0 with an insider lock-up period of 180 days.What Are IPOs?An initial public offering, or IPO, is the transitional process of a private company deciding to go public and offer shares to investors on an exchange. Typically, IPOs offer companies the ability to build capital. Before a company becomes publicly listed, it must meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196245769,"gmtCreate":1621063605351,"gmtModify":1634194181352,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Hi all pls help me like and comment&nbsp;","listText":"Hi all pls help me like and comment&nbsp;","text":"Hi all pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/196245769","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","pubTimestamp":1621004581,"share":"https://www.laohu8.com/m/news/1163454382?lang=&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</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>Why AMC Entertainment Stock Jumped Again Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106399079,"gmtCreate":1620087318691,"gmtModify":1634207978995,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning pls help me like and comment&nbsp;","listText":"Morning pls help me like and comment&nbsp;","text":"Morning pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/106399079","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","pubTimestamp":1619999342,"share":"https://www.laohu8.com/m/news/1135819410?lang=&edition=full","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&amp;P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday:&nbsp;Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p>On Wednesday,&nbsp;Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings.&nbsp;Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on&nbsp;Friday.</p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p>On the economic calendar this week, the&nbsp;main event will jobs Friday.&nbsp;The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its&nbsp;Services equivalent on Wednesday.</p><p>Enterprise Products Partners&nbsp;and Estée Lauder release earnings.</p><p>Merck and&nbsp;Public Storage&nbsp;hold virtual investor days.</p><p><b>The Census Bureau</b>&nbsp;reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><b>Tuesday 5/4</b></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p>Eli Lilly&nbsp;holds a conference call to discuss its sustainability initiatives.</p><p>Union Pacific&nbsp;holds its 2021 virtual investor day.</p><p><b>Wednesday 5/5</b></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><b>ADP releases</b>&nbsp;its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><b>ISM releases</b>&nbsp;its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><b>Thursday 5/6</b></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and&nbsp;Zoetishold conference calls to discuss quarterly results.</p><p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><b>Friday 5/7</b></p><p><b>The Bureau of Labor</b>&nbsp;Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p>Cigna and&nbsp;<b>Liberty Media</b>&nbsp;report earnings.</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>Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week</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\">\nUber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: ...</p>\n\n<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步",".IXIC":"NASDAQ Composite","GM":"通用汽车",".SPX":"S&P 500 Index","PFE":"辉瑞","TMUS":"T-Mobile US Inc","PYPL":"PayPal",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344098328,"gmtCreate":1618358876764,"gmtModify":1634293529446,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning, pls help me like and comment&nbsp;","listText":"Morning, pls help me like and comment&nbsp;","text":"Morning, pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/344098328","repostId":"1176504888","repostType":4,"repost":{"id":"1176504888","pubTimestamp":1618357624,"share":"https://www.laohu8.com/m/news/1176504888?lang=&edition=full","pubTime":"2021-04-14 07:47","market":"us","language":"en","title":"S&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1176504888","media":"CNBC","summary":"U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as ","content":"<div>\n<p>U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/12/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation</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\">\nS&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/12/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/12/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","AAPL":"苹果",".DJI":"道琼斯","JNJ":"强生","NVDA":"英伟达","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/04/12/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1176504888","content_text":"U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept optimism in check.\nThe S&P 500 added 0.33% to finish at 4,141.59 and locked in a new closing high. The Nasdaq Composite, the relative outperformer, gained just over 1% to 13,996.1 as Apple and PayPal each added more than 2%. Semiconductor maker Nvidia climbed 3%, Tesla rose 8.6%.\nThe Dow Jones Industrial Average fell 68.13 points, 0.2%, to close at 33,677.27 after dropping more than 150 points earlier in the session.\nReopening trades came under pressure Tuesday morning after the U.S. Food and Drug Administration said it’s recommending a pause in the Johnson & Johnson Covid-19 vaccine after reported cases of blood clotting.\nThere have been six reported cases of a rare and severe type of blood clot after receiving the J&J vaccine, the FDA said. The administration is calling for a pause in the vaccine until Centers for Disease Control and Prevention concludes its investigation into these cases.\n“Until that process is complete, we are recommending this pause,” the FDA said. “This is important to ensure that the health care provider community is aware of the potential for these adverse events and can plan due to the unique treatment required with this type of blood clot.”\nActing FDA Commissioner Janet Woodcock said later Tuesday that she expects the pause to last “a matter of days.” More than 6.8 million doses of the single-dose vaccine have been administered in the U.S. J&J shares lost 1.3%.\nJeff Zients, the White House Covid-19 response coordinator, replied that the FDA’s announcement should not have a material impact on the national effort to vaccinate.\n“Over the last few weeks, we have made available more than 25 million doses of Pfizer and Moderna each week, and in fact this week we will make available 28 million doses of these vaccines,” he added. “This is more than enough supply to continue the current pace of vaccinations of 3 million shots per day, and meet the President’s goal of 200 million shots by his 100th day in office.”\nStill, shares of companies that would be hurt the most if the vaccine rollout slows underperformed Tuesday.\nAlaska Air and American Airlines both lost 1.5%; car-rental company Avis Budget shed nearly 1%. Shares of Moderna, which makes another coronavirus vaccine, jumped 7.4% following the J&J news, which was reported first by The New York Times.\n“I don’t think there’s going to be a huge reaction in the market beyond the knee-jerk reaction we’re getting here right now,” said Mike Wilson, chief U.S. equity strategist for Morgan Stanley, on CNBC’s “Squawk Box.” “We’re optimistic, very optimistic that we’re going to be reopened fully in the second half of this year.”\nThe consumer price index, one of Wall Street’s most-popular inflation gauges, rose 0.6% in March and increased 2.6% from the same period a year ago. Economists polled by Dow Jones were projecting the headline index to rise by 0.5% month over month and 2.5% year over year.\nCore CPI, which excludes volatile food and energy costs, increased 0.3% monthly and 1.6% year over year.\nGovernment officials, including Federal Reserve Chair Jerome Powell on Sunday and Biden administration economists on Monday, stressed that while they expect a jump in inflation in the months ahead, the change could prove temporary due to comparisons with last year’s pandemic lockdowns and extra consumer spending from stimulus checks and pent-up demand.\nPrivate sector strategists and economists also said that the reading may not be a true gauge of rising prices. Fed officials said they are willing to let inflation run hot for a period of time without changing their accommodative policy stance, including asset purchases and a benchmark interest near zero.\n“US equities are drifting slightly higher Tuesday as investors digest a higher-than-expected inflation in the CPI report and position ahead of 1Q21 earnings, which start on Wednesday,” Chris Hussey, a managing director at Goldman Sachs, wrote in a note.\n“Underneath the surface, the market is assuming a defensive posture today led by mega-cap Tech and the bond proxies -- Utilities and Real Estate,” he added.\nThe market has been calm over the past week as Wall Street settled into a lull ahead of the first-quarter earnings season. Corporate news is set to pick up later in the week, with JPMorgan Chase, Goldman Sachs and Delta Air Lines among the companies set to report quarterly results.\nThe bond market was also subdued on Tuesday, with the 10-year Treasury yield edging lower to just above 1.62%. Yields move inversely to prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830909773,"gmtCreate":1628997139192,"gmtModify":1631893772047,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"I prefer NVIDIA, buy my friend bought AMD and he earn a lot...&nbsp;[开心]&nbsp;","listText":"I prefer NVIDIA, buy my friend bought AMD and he earn a lot...&nbsp;[开心]&nbsp;","text":"I prefer NVIDIA, buy my friend bought AMD and he earn a lot... [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/830909773","repostId":"1138705612","repostType":4,"repost":{"id":"1138705612","pubTimestamp":1628995730,"share":"https://www.laohu8.com/m/news/1138705612?lang=&edition=full","pubTime":"2021-08-15 10:48","market":"us","language":"en","title":"AMD, Intel, And Nvidia: Which Is The Best Chip Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1138705612","media":"seekingalpha","summary":"AMD's recent CPU and GPU offerings have been more competitive with Intel and NVIDIA's products.AMD’s EPYC server chips have proved to be comparable or even superior to certain Intel chips and have led to AMD gaining server CPU market share.Even so, Intel is the leader in the processor market and holds long-term advantages over AMD in R&D, marketing, and pricing.Nvidia is ahead of AMD in GPU technology and is leveraging its GPUs into adjacent end markets such as artificial intelligence.This left ","content":"<p><b>Summary</b></p>\n<ul>\n <li>AMD's recent CPU and GPU offerings have been more competitive with Intel and NVIDIA's products.</li>\n <li>AMD’s EPYC server chips have proved to be comparable or even superior to certain Intel chips and have led to AMD gaining server CPU market share.</li>\n <li>Even so, Intel is the leader in the processor market and holds long-term advantages over AMD in R&amp;D, marketing, and pricing.</li>\n <li>Nvidia is ahead of AMD in GPU technology and is leveraging its GPUs into adjacent end markets such as artificial intelligence.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a8f0aee0f3d10db76a1ee18fe604b40\" tg-width=\"1536\" tg-height=\"864\" referrerpolicy=\"no-referrer\"><span>Andy/iStock via Getty Images</span></p>\n<p>Intel (INTC) was once the microchip industry equivalent of the Colossus of Rhodes, a monument to the power of Moore’s law. However, the firm stumbled with its 10-nanometer process, and recently announced its 7-nm process will be delayed until 2023.</p>\n<p>This left the door open to Advanced Micro Devices Inc. (AMD), and that firm has taken full advantage of the opportunity. AMD has taken a large share of the CPU market and is making inroads into the once nearly impenetrable server market.</p>\n<p>AMD now has seven consecutive quarters of double-digit revenue growth under its belt, and it appears the firm is gaining momentum: management now guides for 60% revenue growth for the full year, up from the 50% forecast provided in the previous quarter.</p>\n<p>However, AMD also competes with NVIDIA Corporation (NVDA), and the latter company’s GPU technology is stealing market share. NVDA has also been successful in gaining access to adjacent markets with its GPUs, especially AI and automotive markets.</p>\n<p><b>The Ins And Outs of Intel</b></p>\n<p>An understanding of Intel also provides insights into AMD. This is due to the overlap between the two companies, particularly in regards to x86 chips. Intel developed the x86 chip in 1978. To satisfy demands by IBM that Intel would not be the sole supplier of the chips, INTC provided x86 instruction set architecture licensing to AMD.</p>\n<p>Consequently, Intel and AMD have a duopoly position in the PC and server markets, as nearly all computer software is written for x86 architecture. The result is that both have a wide moat related to the x86 ecosystem.</p>\n<p>Gaming consoles in particular are based on x86 architecture due to those platforms generally providing more powerful CPUs and GPUs with multiple compute cores. Like PCs, consoles operate with games that use x86 based software. Once again, this stifles potential competition from ARM-based devices.</p>\n<p>Until fairly recently, AMD was a distant second to INTC as a supplier of x86 chips. However, AMD teamed with Taiwan Semiconductor(NYSE:TSM)to use that manufacturer’s 7nm process to surpass INTC in process technology. Combined with AMD’s developing new innovative chip designs, this one-two punch resulted in INTC losing significant market share.</p>\n<p>At the end of Q1, AMD held 19.30% of the x86 desktop&nbsp;market, a 70 basis point gain year-over-year. In Q2 AMD corralled 8% of the server market, up from a 5%&nbsp;market&nbsp;share in Q4 of 2019.</p>\n<p>Despite these setbacks, it seems premature to view Intel as a moribund business. INTC is one of the largest semiconductor companies in the world. The firm dominates the server market, and still holds 60% of the global x86 CPU&nbsp;market.</p>\n<p>The company has an enormous R&amp;D budget, and it is expanding into new markets, primarily Artificial Intelligence, Field-Programmable Gate Array chips, and automotive offerings, through its acquisitions of Habana Labs, Altera, Movidius, and Mobileye.</p>\n<p>Investors should not be swayed by the claim that Intel’s new 10nm chips are inferior to 7nm solely on the basis that 7 is superior to 10. While once used to denote the technology level of a chip design, it has been misused to the point of being useless.</p>\n<p>However, there are a number of concerns that must be acknowledged. Intel lags competitors in the smartphone market. As consumers shift to mobile devices, this could result in a sustained headwind as smartphones take the place of PCs. On the other hand, it should be acknowledged that INTC’s server processor business has seen growth associated with the surge in mobile devices and cloud computing.</p>\n<p>Intel also faces increased competition from AMD in the data center space, as well as customers developing their own ARM-based chips for CPUs.</p>\n<p><b>An Overview of AMD</b></p>\n<p>In years past, INTC held the lion’s share of the x86 market. This was due in part to Intel’s leading-edge manufacturing combined with AMD’s wafer supply agreements with less than stellar GlobalFoundries.</p>\n<p>However, a seismic shift occurred due to three factors: driven by innovative designs, AMD brought competitive products to market, AMD shifted to TSMC for production, and Intel faced repeated manufacturing delays. The two charts below document the progress the company has made.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/903df41d5400c9807ff487a75a7e5450\" tg-width=\"1280\" tg-height=\"989\" referrerpolicy=\"no-referrer\"><span>Source:Q2 Earnings Presentation</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/331cd14b666f520a62d0746d5fadfa5b\" tg-width=\"1280\" tg-height=\"989\" referrerpolicy=\"no-referrer\"><span>Source:Q2 Earnings Presentation</span></p>\n<p>Like Intel, AMD’s primary products are CPUs and GPUs. AMD’s chips are designed for PCs, game consoles, servers, and blockchain applications. And like INTC, AMD’s offerings are largely protected from competition due to the preponderance of software for PCs and servers being designed for x86 architecture.</p>\n<p>AMD’s strong growth has largely come at the expense of Intel as AMD has steadily chipped away at the former company’s CPU market share.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7f8fbcab5da8a24d01d2b6408bd5686\" tg-width=\"576\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><span>Source:Seeking Alpha</span></p>\n<p>AMD’s focus on CPU and GPU semi-custom processor applications has resulted in their use in Microsoft Xbox and Sony PlayStation game consoles.</p>\n<p>In regards to PC integrated GPUs, AMD is roughly in parity with NVIDIA while INTC dominates with roughly 68% of the market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67a0fe74d986cf882623a8f39587d0d8\" tg-width=\"544\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Source:tom'sHARDWARE</span></p>\n<p>However, NVIDIA dominates the discrete GPU space with an 80% plus market share with AMD sweeping up what is left. NVIDIA’s discrete GPUs are arguably superior to AMD’s (more on that later); therefore, investors should not look for growth here.</p>\n<p>Although AMD’s EPYC server CPU products were competitive with that of rivals, initially the company relied on aggressive pricing to promote its first generation of EPYC offerings. However, the EPYC line has gained wider acceptance, and with the Milan processors, the company is gaining market share. As server CPUs provide a better profit margin than the company’s other products, expansion into that space should aid in driving revenue.</p>\n<p>Late last year,AMD entered intoa deal&nbsp;to acquire&nbsp;Xilinx (XLNX), a leader in field programmable gate array (FPGA) chips. FPGAs can be used for a wide variety of applications. Because shifting to a competing FPGA provider requires retraining of engineers in software and design tools, customers are loath to make a switch to a competing vendor. Consequently, if the Xilinx deal goes through, AMD will have acquired a wide moat business. Management guides for operational efficiencies of approximately $300 million within 18 months of closing the transaction.</p>\n<p>The Xilinx acquisition should bolster AMD’s data center and artificial intelligence businesses.</p>\n<p>AMD agreed to acquire Xilinx for $35 billion in an all-stock transaction.</p>\n<p><b>A Survey of NVIDIA</b></p>\n<p>NVDA's focus on the graphics processing units market has led the company to a dominant position in the discrete GPU space. The firm is the leader in discrete GPUs for computing platforms, especially gaming consoles. The fact that Intel licensed intellectual property from NVIDIA to integrate GPUs into its PC chipset testifies to the lead the company maintains.</p>\n<p>The chart below provides a record of the burgeoning ASP the company has been able to command over the last half decade, beginning with the Pascal architecture in 2016, and progressing through Turing to Ampere.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04fb1d71f9df02f6c63907fe784b2fd8\" tg-width=\"1280\" tg-height=\"720\" referrerpolicy=\"no-referrer\"><span>Source:AMD Investor Presentation</span></p>\n<p>The firm’s chips are also found in many high-end PCs, and NVDA has particular strength in the incipient AI and self-driving vehicle markets.</p>\n<p>GPUs are being teamed with CPUs to&nbsp;enhance&nbsp;computation workloads. This stratagem is designed to bolster the ability of AI systems to perform computationally intensive tasks. AI related to&nbsp;autonomous&nbsp;vehicles is a developing strength for NVIDIA. Another arena in which the firm is making its mark is in cloud</p>\n<p>AI and data centers pose the most likely avenue of growth for NVDA. To strengthen its position in both businesses, the company moved last year to acquire ARM Holdings (ARMHF) from parent company Softbank for $40 billion.</p>\n<p>ARM is the globe’s largest licensor of chip designs. Its chips are ubiquitous and can be found in mobile phones, smart TVs, and tablet computers. 160 billion chips have been made using ARM designs.</p>\n<p>Perhaps of equal importance is that 13 million developers work with ARM devices. To place that in context, NVDA has 2 million developers working on its array of devices.</p>\n<p>Unfortunately for investors, bothChinaand theU.K.are reportedly balking at approving the deal.</p>\n<p><b>Head-To-Head Comparisons</b></p>\n<p><b>Valuation Metrics</b></p>\n<p>The following chart provides a variety of metrics related to each stock's valuation. All data labeled forward is analysts’ next fiscal year consensus estimate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bdeabcd2ea473601fbaaaa03235de77\" tg-width=\"576\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><span>Source:Seeking Alpha Premium/ chart by author</span></p>\n<p>Next, I’m using a graph to provide PEG ratios for the three companies. As there can be fairly wide variations in PEG ratios due to analysts’ inputs, I prefer that readers have access to multiple sources when I find wide variance in the ratio.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/884fc2142d97afcc9e2308e50058dd45\" tg-width=\"576\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><span>Chart by author</span></p>\n<p>Note that Seeking Alpha provides a three to five-year PEG, Schwab simply lists its metric as a PEG ratio, while Yahoo! Finance calculates a five-year ratio. This could explain some of the variance in the numbers provided.</p>\n<p>Perusing the first chart, it is obvious that NVDA is the most overvalued. It is also interesting to note that in the current P/E and the forward price/cash flow estimates show AMD as valued near the sector median.</p>\n<p>Count me as an investor that places great emphasis on a stocks PEG Ratio. Viewing the second chart, AMD has the best PEG of the three companies. I also note that analysts from each source calculated AMD’s PEG ratio as better than the sector median.</p>\n<p>Do not misinterpret my findings. While INTC has a lower valuation in many respects, when considering other factors, I rate AMD higher overall. In other words, it is not the cheapest valuation but the best valuation, for lack of a better means to articulate my view.</p>\n<p><b>=Advantage AMD</b></p>\n<p><b>Analysts’ Price Targets</b></p>\n<p>NVIDIA shares currently trade for $202.95. The average 12-month price target of 33 analysts is $186.49. The average price target of the 17 analysts that rated the stock following the latest earnings report is $210.53, about 3.7% above the current price of the stock.</p>\n<p>AMD shares currently trade for $107.58. The average 12-month price target of 28 analysts is $108.56. The average price target of the 11 analysts that rated the stock following the latest earnings report is $117.27, roughly 9% above the prevailing share price.</p>\n<p>Intel shares currently trade for $54.05. The average 12-month price target of 34 analysts is $59.86. The average price target of the 16 analysts that rated the stock following the latest earnings report is $58.97, a 9% premium over the current share price.</p>\n<p>Investors should be aware that it has been nearly three months since NVDA posted quarterly earnings while INTC and AMD reported recently.</p>\n<p><b>=Tie AMD/INTC</b></p>\n<p><b>Growth Rates</b></p>\n<p>The next chart provides data for growth rates. Unless otherwise noted, the metrics reflect analysts' average two-year forecasts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8ae1b79b3731a985fc209e626ca4886\" tg-width=\"577\" tg-height=\"337\" referrerpolicy=\"no-referrer\"><span>Source:Seeking Alpha Premium/ Chart by author</span></p>\n<p>While investors familiar with these three companies would expect INTC to perform poorly in relation to NVDA and AMD in regarding growth, in several cases Intel is projected to experience negative growth rates.</p>\n<p>Advanced Micro Devices projected growth leads that of NVIDIA in every category, and at times by very wide margins.</p>\n<p><b>=Advantage AMD</b></p>\n<p>I considered providing a chart outlining the profitability of each company; however, suffice it to say that each is highly profitable, and that a juxtaposition of the three would result in a tie.</p>\n<p>I often provide a comparison that breaks down dividend metrics, but AMD does not pay a dividend, and NVDA has an anemic yield. INTC currently yields about 2.6%. The dividend is well funded.</p>\n<p><b>Debt Metrics</b></p>\n<p>NVIDIA had $12.67 billion in cash and $5.96 billion at the end of the last quarter. Should the ARM acquisition meet approval, the deal is structured so that $21 billion of the $40 billion purchase price will be in stock.</p>\n<p>AMD has restructured its debt resulting in reduced interest costs. AMD had about $3.8 billion in cash and $313 million in long-term debt at the end of the most recent quarter.</p>\n<p>Intel's has solid investment-grade credit ratings. The company held nearly $24.86 billion cash at the end of the last quarter and had $31.7 billion long-term debt.</p>\n<p>All three firms have strong financial positions. Weighing the possibility that NVDA and AMD may add debt due to prospective acquisitions, I am rating the three firms as equals.</p>\n<p><b>R&amp;D Budgets</b></p>\n<p>This is the first time I have&nbsp;compared&nbsp;the R&amp;D budgets of companies for a head-to-head showdown. However, in the semiconductor industry, that can be of pivotal importance.</p>\n<p>Last fiscal year, Intel devoted over $13.5 billion to R&amp;D, NVDA spent nearly $2.83 billion, and AMD budgeted a bit over $1.9 billion on research and development.</p>\n<p>AMD is at a clear disadvantage, and that weakness is magnified because it often competes against INTC and NVDA in different arenas. It should be noted that a portion of Intel’s R&amp;D is funneled to its foundry business. Nevertheless, it is the clear winner here, and AMD is the obvious loser.</p>\n<p>I should add that NVDA is chipping away at AMD’s share of the discrete GPU market, and I believe that trend will continue, in part due to the disparity in R&amp;D budgets.</p>\n<p><b>=Advantage INTC</b></p>\n<p><b>Bottom Line: Which Is The Best Chip Stock?</b></p>\n<p>To arrive at an answer, much depends on whether NVIDIA can complete its acquisition of ARM.</p>\n<p>Because ARM processors are more power and cost-efficient than x86 chips, NVDA could gain market share in the data center space. Since around a third of Intel’s revenue flows from data centers, that could represent a headwind for INTC and a positive for NVDA. However, there is a good chance the deal will fail to close.</p>\n<p>The degree of success Intel finds as its&nbsp;planned&nbsp;foundries come online is another factor that should be weighed.</p>\n<p>A development to be weighed is that AMD has now reached parity with INTC in the PC market in terms of the quality of its products. Furthermore, AMD is gaining market share in the server market, and I expect that trend to continue.</p>\n<p>On the other hand, AMD is losing share in the discrete GPU market to NVDA. NVDA has a technological lead in that space which will probably continue.</p>\n<p>While AMD and NVDA are seen as growth machines, one should not ignore that Intel’s Internet of Things business increased by 47% in the last quarter. Mobileye also saw a surge in growth with revenue increasing 124%. Although these businesses only totaled $1.3 billion in revenue, a fraction of Intel's total revenue of $18.5 billion, they still represent areas of high growth.</p>\n<p>However, note the header refers to “chip stock.” Consequently, technological advantages are but one part of the puzzle. Any investment decision must take current valuations and prospective growth rates into account.</p>\n<p>With that in mind, I must rate NVIDIA as a HOLD due to current valuation and growth estimates. Note my rating is based on the current valuation of the stock. I acknowledge the exemplary leadership of the company and believe the long-term prospect for the stock is excellent.</p>\n<p>I also rate INTC as a HOLD. I previously rated the company as a buy. While I still believe the firm will serve long-term investors well, I now believe its recovery will unfold over a long time span, and better opportunities are available.</p>\n<p>I rate AMD as a BUY. This is based on the current valuations and growth rates outlined in this article. I’ll add that those metrics are buttressed by my perception that as Intel works on its recovery, AMD is likely to chip away at market share.</p>\n<p>For additional insights into the technological aspects of an investment in AMD and INTC, I recommend an excellent article by SA&nbsp;contributor&nbsp;Keyanoush Razavidinani.</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>AMD, Intel, And Nvidia: Which Is The Best Chip Stock?</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\">\nAMD, Intel, And Nvidia: Which Is The Best Chip Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-15 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4448637-amd-intel-nvidia-best-chip-stock><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAMD's recent CPU and GPU offerings have been more competitive with Intel and NVIDIA's products.\nAMD’s EPYC server chips have proved to be comparable or even superior to certain Intel chips ...</p>\n\n<a href=\"https://seekingalpha.com/article/4448637-amd-intel-nvidia-best-chip-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/dad74e350b9b09d45929989f896aaa9d","relate_stocks":{"NVDA":"英伟达","INTC":"英特尔","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4448637-amd-intel-nvidia-best-chip-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138705612","content_text":"Summary\n\nAMD's recent CPU and GPU offerings have been more competitive with Intel and NVIDIA's products.\nAMD’s EPYC server chips have proved to be comparable or even superior to certain Intel chips and have led to AMD gaining server CPU market share.\nEven so, Intel is the leader in the processor market and holds long-term advantages over AMD in R&D, marketing, and pricing.\nNvidia is ahead of AMD in GPU technology and is leveraging its GPUs into adjacent end markets such as artificial intelligence.\n\nAndy/iStock via Getty Images\nIntel (INTC) was once the microchip industry equivalent of the Colossus of Rhodes, a monument to the power of Moore’s law. However, the firm stumbled with its 10-nanometer process, and recently announced its 7-nm process will be delayed until 2023.\nThis left the door open to Advanced Micro Devices Inc. (AMD), and that firm has taken full advantage of the opportunity. AMD has taken a large share of the CPU market and is making inroads into the once nearly impenetrable server market.\nAMD now has seven consecutive quarters of double-digit revenue growth under its belt, and it appears the firm is gaining momentum: management now guides for 60% revenue growth for the full year, up from the 50% forecast provided in the previous quarter.\nHowever, AMD also competes with NVIDIA Corporation (NVDA), and the latter company’s GPU technology is stealing market share. NVDA has also been successful in gaining access to adjacent markets with its GPUs, especially AI and automotive markets.\nThe Ins And Outs of Intel\nAn understanding of Intel also provides insights into AMD. This is due to the overlap between the two companies, particularly in regards to x86 chips. Intel developed the x86 chip in 1978. To satisfy demands by IBM that Intel would not be the sole supplier of the chips, INTC provided x86 instruction set architecture licensing to AMD.\nConsequently, Intel and AMD have a duopoly position in the PC and server markets, as nearly all computer software is written for x86 architecture. The result is that both have a wide moat related to the x86 ecosystem.\nGaming consoles in particular are based on x86 architecture due to those platforms generally providing more powerful CPUs and GPUs with multiple compute cores. Like PCs, consoles operate with games that use x86 based software. Once again, this stifles potential competition from ARM-based devices.\nUntil fairly recently, AMD was a distant second to INTC as a supplier of x86 chips. However, AMD teamed with Taiwan Semiconductor(NYSE:TSM)to use that manufacturer’s 7nm process to surpass INTC in process technology. Combined with AMD’s developing new innovative chip designs, this one-two punch resulted in INTC losing significant market share.\nAt the end of Q1, AMD held 19.30% of the x86 desktop market, a 70 basis point gain year-over-year. In Q2 AMD corralled 8% of the server market, up from a 5% market share in Q4 of 2019.\nDespite these setbacks, it seems premature to view Intel as a moribund business. INTC is one of the largest semiconductor companies in the world. The firm dominates the server market, and still holds 60% of the global x86 CPU market.\nThe company has an enormous R&D budget, and it is expanding into new markets, primarily Artificial Intelligence, Field-Programmable Gate Array chips, and automotive offerings, through its acquisitions of Habana Labs, Altera, Movidius, and Mobileye.\nInvestors should not be swayed by the claim that Intel’s new 10nm chips are inferior to 7nm solely on the basis that 7 is superior to 10. While once used to denote the technology level of a chip design, it has been misused to the point of being useless.\nHowever, there are a number of concerns that must be acknowledged. Intel lags competitors in the smartphone market. As consumers shift to mobile devices, this could result in a sustained headwind as smartphones take the place of PCs. On the other hand, it should be acknowledged that INTC’s server processor business has seen growth associated with the surge in mobile devices and cloud computing.\nIntel also faces increased competition from AMD in the data center space, as well as customers developing their own ARM-based chips for CPUs.\nAn Overview of AMD\nIn years past, INTC held the lion’s share of the x86 market. This was due in part to Intel’s leading-edge manufacturing combined with AMD’s wafer supply agreements with less than stellar GlobalFoundries.\nHowever, a seismic shift occurred due to three factors: driven by innovative designs, AMD brought competitive products to market, AMD shifted to TSMC for production, and Intel faced repeated manufacturing delays. The two charts below document the progress the company has made.\nSource:Q2 Earnings Presentation\nSource:Q2 Earnings Presentation\nLike Intel, AMD’s primary products are CPUs and GPUs. AMD’s chips are designed for PCs, game consoles, servers, and blockchain applications. And like INTC, AMD’s offerings are largely protected from competition due to the preponderance of software for PCs and servers being designed for x86 architecture.\nAMD’s strong growth has largely come at the expense of Intel as AMD has steadily chipped away at the former company’s CPU market share.\nSource:Seeking Alpha\nAMD’s focus on CPU and GPU semi-custom processor applications has resulted in their use in Microsoft Xbox and Sony PlayStation game consoles.\nIn regards to PC integrated GPUs, AMD is roughly in parity with NVIDIA while INTC dominates with roughly 68% of the market.\nSource:tom'sHARDWARE\nHowever, NVIDIA dominates the discrete GPU space with an 80% plus market share with AMD sweeping up what is left. NVIDIA’s discrete GPUs are arguably superior to AMD’s (more on that later); therefore, investors should not look for growth here.\nAlthough AMD’s EPYC server CPU products were competitive with that of rivals, initially the company relied on aggressive pricing to promote its first generation of EPYC offerings. However, the EPYC line has gained wider acceptance, and with the Milan processors, the company is gaining market share. As server CPUs provide a better profit margin than the company’s other products, expansion into that space should aid in driving revenue.\nLate last year,AMD entered intoa deal to acquire Xilinx (XLNX), a leader in field programmable gate array (FPGA) chips. FPGAs can be used for a wide variety of applications. Because shifting to a competing FPGA provider requires retraining of engineers in software and design tools, customers are loath to make a switch to a competing vendor. Consequently, if the Xilinx deal goes through, AMD will have acquired a wide moat business. Management guides for operational efficiencies of approximately $300 million within 18 months of closing the transaction.\nThe Xilinx acquisition should bolster AMD’s data center and artificial intelligence businesses.\nAMD agreed to acquire Xilinx for $35 billion in an all-stock transaction.\nA Survey of NVIDIA\nNVDA's focus on the graphics processing units market has led the company to a dominant position in the discrete GPU space. The firm is the leader in discrete GPUs for computing platforms, especially gaming consoles. The fact that Intel licensed intellectual property from NVIDIA to integrate GPUs into its PC chipset testifies to the lead the company maintains.\nThe chart below provides a record of the burgeoning ASP the company has been able to command over the last half decade, beginning with the Pascal architecture in 2016, and progressing through Turing to Ampere.\nSource:AMD Investor Presentation\nThe firm’s chips are also found in many high-end PCs, and NVDA has particular strength in the incipient AI and self-driving vehicle markets.\nGPUs are being teamed with CPUs to enhance computation workloads. This stratagem is designed to bolster the ability of AI systems to perform computationally intensive tasks. AI related to autonomous vehicles is a developing strength for NVIDIA. Another arena in which the firm is making its mark is in cloud\nAI and data centers pose the most likely avenue of growth for NVDA. To strengthen its position in both businesses, the company moved last year to acquire ARM Holdings (ARMHF) from parent company Softbank for $40 billion.\nARM is the globe’s largest licensor of chip designs. Its chips are ubiquitous and can be found in mobile phones, smart TVs, and tablet computers. 160 billion chips have been made using ARM designs.\nPerhaps of equal importance is that 13 million developers work with ARM devices. To place that in context, NVDA has 2 million developers working on its array of devices.\nUnfortunately for investors, bothChinaand theU.K.are reportedly balking at approving the deal.\nHead-To-Head Comparisons\nValuation Metrics\nThe following chart provides a variety of metrics related to each stock's valuation. All data labeled forward is analysts’ next fiscal year consensus estimate.\nSource:Seeking Alpha Premium/ chart by author\nNext, I’m using a graph to provide PEG ratios for the three companies. As there can be fairly wide variations in PEG ratios due to analysts’ inputs, I prefer that readers have access to multiple sources when I find wide variance in the ratio.\nChart by author\nNote that Seeking Alpha provides a three to five-year PEG, Schwab simply lists its metric as a PEG ratio, while Yahoo! Finance calculates a five-year ratio. This could explain some of the variance in the numbers provided.\nPerusing the first chart, it is obvious that NVDA is the most overvalued. It is also interesting to note that in the current P/E and the forward price/cash flow estimates show AMD as valued near the sector median.\nCount me as an investor that places great emphasis on a stocks PEG Ratio. Viewing the second chart, AMD has the best PEG of the three companies. I also note that analysts from each source calculated AMD’s PEG ratio as better than the sector median.\nDo not misinterpret my findings. While INTC has a lower valuation in many respects, when considering other factors, I rate AMD higher overall. In other words, it is not the cheapest valuation but the best valuation, for lack of a better means to articulate my view.\n=Advantage AMD\nAnalysts’ Price Targets\nNVIDIA shares currently trade for $202.95. The average 12-month price target of 33 analysts is $186.49. The average price target of the 17 analysts that rated the stock following the latest earnings report is $210.53, about 3.7% above the current price of the stock.\nAMD shares currently trade for $107.58. The average 12-month price target of 28 analysts is $108.56. The average price target of the 11 analysts that rated the stock following the latest earnings report is $117.27, roughly 9% above the prevailing share price.\nIntel shares currently trade for $54.05. The average 12-month price target of 34 analysts is $59.86. The average price target of the 16 analysts that rated the stock following the latest earnings report is $58.97, a 9% premium over the current share price.\nInvestors should be aware that it has been nearly three months since NVDA posted quarterly earnings while INTC and AMD reported recently.\n=Tie AMD/INTC\nGrowth Rates\nThe next chart provides data for growth rates. Unless otherwise noted, the metrics reflect analysts' average two-year forecasts.\nSource:Seeking Alpha Premium/ Chart by author\nWhile investors familiar with these three companies would expect INTC to perform poorly in relation to NVDA and AMD in regarding growth, in several cases Intel is projected to experience negative growth rates.\nAdvanced Micro Devices projected growth leads that of NVIDIA in every category, and at times by very wide margins.\n=Advantage AMD\nI considered providing a chart outlining the profitability of each company; however, suffice it to say that each is highly profitable, and that a juxtaposition of the three would result in a tie.\nI often provide a comparison that breaks down dividend metrics, but AMD does not pay a dividend, and NVDA has an anemic yield. INTC currently yields about 2.6%. The dividend is well funded.\nDebt Metrics\nNVIDIA had $12.67 billion in cash and $5.96 billion at the end of the last quarter. Should the ARM acquisition meet approval, the deal is structured so that $21 billion of the $40 billion purchase price will be in stock.\nAMD has restructured its debt resulting in reduced interest costs. AMD had about $3.8 billion in cash and $313 million in long-term debt at the end of the most recent quarter.\nIntel's has solid investment-grade credit ratings. The company held nearly $24.86 billion cash at the end of the last quarter and had $31.7 billion long-term debt.\nAll three firms have strong financial positions. Weighing the possibility that NVDA and AMD may add debt due to prospective acquisitions, I am rating the three firms as equals.\nR&D Budgets\nThis is the first time I have compared the R&D budgets of companies for a head-to-head showdown. However, in the semiconductor industry, that can be of pivotal importance.\nLast fiscal year, Intel devoted over $13.5 billion to R&D, NVDA spent nearly $2.83 billion, and AMD budgeted a bit over $1.9 billion on research and development.\nAMD is at a clear disadvantage, and that weakness is magnified because it often competes against INTC and NVDA in different arenas. It should be noted that a portion of Intel’s R&D is funneled to its foundry business. Nevertheless, it is the clear winner here, and AMD is the obvious loser.\nI should add that NVDA is chipping away at AMD’s share of the discrete GPU market, and I believe that trend will continue, in part due to the disparity in R&D budgets.\n=Advantage INTC\nBottom Line: Which Is The Best Chip Stock?\nTo arrive at an answer, much depends on whether NVIDIA can complete its acquisition of ARM.\nBecause ARM processors are more power and cost-efficient than x86 chips, NVDA could gain market share in the data center space. Since around a third of Intel’s revenue flows from data centers, that could represent a headwind for INTC and a positive for NVDA. However, there is a good chance the deal will fail to close.\nThe degree of success Intel finds as its planned foundries come online is another factor that should be weighed.\nA development to be weighed is that AMD has now reached parity with INTC in the PC market in terms of the quality of its products. Furthermore, AMD is gaining market share in the server market, and I expect that trend to continue.\nOn the other hand, AMD is losing share in the discrete GPU market to NVDA. NVDA has a technological lead in that space which will probably continue.\nWhile AMD and NVDA are seen as growth machines, one should not ignore that Intel’s Internet of Things business increased by 47% in the last quarter. Mobileye also saw a surge in growth with revenue increasing 124%. Although these businesses only totaled $1.3 billion in revenue, a fraction of Intel's total revenue of $18.5 billion, they still represent areas of high growth.\nHowever, note the header refers to “chip stock.” Consequently, technological advantages are but one part of the puzzle. Any investment decision must take current valuations and prospective growth rates into account.\nWith that in mind, I must rate NVIDIA as a HOLD due to current valuation and growth estimates. Note my rating is based on the current valuation of the stock. I acknowledge the exemplary leadership of the company and believe the long-term prospect for the stock is excellent.\nI also rate INTC as a HOLD. I previously rated the company as a buy. While I still believe the firm will serve long-term investors well, I now believe its recovery will unfold over a long time span, and better opportunities are available.\nI rate AMD as a BUY. This is based on the current valuations and growth rates outlined in this article. I’ll add that those metrics are buttressed by my perception that as Intel works on its recovery, AMD is likely to chip away at market share.\nFor additional insights into the technological aspects of an investment in AMD and INTC, I recommend an excellent article by SA contributor Keyanoush Razavidinani.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":139741080,"gmtCreate":1621662000540,"gmtModify":1634187277256,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Pls help me like and comment&nbsp;","listText":"Pls help me like and comment&nbsp;","text":"Pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/139741080","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://www.laohu8.com/m/news/2137906121?lang=&edition=full","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</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\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","BRK.A":"伯克希尔","BRK.B":"伯克希尔B","SYF":"Synchrony Financial","WFC":"富国银行"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192908957,"gmtCreate":1621134185079,"gmtModify":1634193853447,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning pls help me like and comment&nbsp;","listText":"Morning pls help me like and comment&nbsp;","text":"Morning pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/192908957","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","pubTimestamp":1621004581,"share":"https://www.laohu8.com/m/news/1163454382?lang=&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</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>Why AMC Entertainment Stock Jumped Again Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193637328,"gmtCreate":1620783368264,"gmtModify":1634196341222,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning, pls help me like and comment&nbsp;","listText":"Morning, pls help me like and comment&nbsp;","text":"Morning, pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/193637328","repostId":"2134698127","repostType":4,"repost":{"id":"2134698127","pubTimestamp":1620779160,"share":"https://www.laohu8.com/m/news/2134698127?lang=&edition=full","pubTime":"2021-05-12 08:26","market":"us","language":"en","title":"Here's why this trader is shorting Apple stock and buying gold","url":"https://stock-news.laohu8.com/highlight/detail?id=2134698127","media":"Yahoo Finance","summary":"The Nasdaq Composite  managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, $one$ trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple .Tech stocks have been lagging the Dow and S&P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretc","content":"<p>The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, <a href=\"https://laohu8.com/S/AONE\">one</a> trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple (AAPL).</p><p>Tech stocks have been lagging the Dow and S&amp;P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretches back to the end of the second quarter of 2020.</p><p>\"The underperformance started [on] Labor Day last year at the end of the summer, and that's when they all peaked ... Amazon has done nothing since then. It's not just tech [stocks], it's really big growth [stocks] and even small cap growth [stocks]. Growth in general peaked at the end of last summer — Apple, Amazon (AMZN), all of them on a relative basis.\"</p><p>The two biggest outperforming S&amp;P 500 sectors this year are energy and financials. The Energy Select Sector SPDR Fund (XLE) is up 38% and the Financial Select Sector SPDR Fund (XLF) is up 26% year-to-date. Parets says, \"[T]he big winners have been coming out of value [stocks] ... Financials, Berkshire [Hathaway], energy ... Those have been the winners. The losers have been the growth stocks.\"</p><h2>2021 is not 2020</h2><p>Parets also notes the different market environment this year compared to last year — a phenomenon many investors may not be noticing. \"There's so much more evidence that 2021 is just not what 2020 was, right? It is a completely different type of market, and some investors are able to adjust and see the information coming in and act accordingly. And some investors just like to sit on their hands and hope that last year's market was going to continue to be this year's market. I see it every day, and they're paying a price for it,\" he says.</p><p>Parets outlines his trading style using the recent highs of certain trading instruments as a line in the sand. If the price is below the level, he's thinking bearishly. \"[If the index level is] below the February highs in small caps or the Nasdaq, under no circumstances can we be long ... Bottom line is there's no reason to be long if the Nasdaq or small caps are below those February highs.\"</p><p>Apple stock, like many of its peers, has gone largely sideways since September despite making a nominal record high in January. Parets likes a short in Apple based on its relative underperformance, and issues a warning to fund managers who may be loading up on growth stocks at the expense of risk management.</p><p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/7c956ff0-b29d-11eb-afd7-bb72120e4af7\" tg-width=\"1900\" tg-height=\"902\" referrerpolicy=\"no-referrer\"><span>JC Parets breaks down an Apple short</span></p><p>\"I'm hearing that [Ark Investment Management CEO] Cathie Wood considers Apple her cash equivalent. That's pretty scary if you ask me. So, I really like the short a lot. Notice those September highs — where we got to in September was 138. We tried to get back there in January and failed. Most recently, we tried to get back there last month and failed, again. That's the level, 138. If you're below 138, under no circumstances can you own Apple ... I prefer to be short. And how low could it go? ... I could go real low. Why can't it get back toward 100?\" says Parets.</p><h2>Gold making a comeback</h2><p>Parets also highlights how defensive sectors and instruments have been perking up since the March lows. He uses a generalized trading maxim to illustrate how the trends in defensive stocks morphed from bearish to bullish.</p><p>\"First thing assets need to do before they [start going up] is to stop going down. And over the last year, what were the worst assets? Bonds, yen, gold, staples on a relative bases. All the defensive areas were the worst place to be. And that changed in the first quarter of this year. They stopped going down, and over the last couple months, they've actually been going up,\" says Parets.</p><p>When it comes to things that have started to go up, Parets is looking at playing gold. \"We've been bullish gold. That trade's been working — not just the metal, also the [gold] miners as well. Yen stopped going down, bonds stopped going down. They're not really going up, but they're not going down either. And [with consumer] staples, utilities, [and] REITs outperforming, does that remind you of an environment where stocks are doing well? Or should they be doing poorly?\" he asks.</p><p>Separately, Lee Munson, president and CIO at Portfolio Wealth Advisors, is also telling Yahoo Finance Live he likes gold as an investment because the environment for the precious metal has fundamentally changed. \"What moved gold in the past is not what is moving it right now. We have had a regime change. Generally, I see gold as something that tends to go up when the Fed's balance sheet expands. Some people think the balance sheet can't expand anymore. That's what I call 'BS',\" he says.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's why this trader is shorting Apple stock and buying gold</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\">\nHere's why this trader is shorting Apple stock and buying gold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 08:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-why-this-trader-is-shorting-apple-stock-and-buying-gold-220036359.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate ...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-this-trader-is-shorting-apple-stock-and-buying-gold-220036359.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","03086":"华夏纳指","IWM":"罗素2000指数ETF","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/heres-why-this-trader-is-shorting-apple-stock-and-buying-gold-220036359.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2134698127","content_text":"The Nasdaq Composite (^IXIC) managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, one trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple (AAPL).Tech stocks have been lagging the Dow and S&P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretches back to the end of the second quarter of 2020.\"The underperformance started [on] Labor Day last year at the end of the summer, and that's when they all peaked ... Amazon has done nothing since then. It's not just tech [stocks], it's really big growth [stocks] and even small cap growth [stocks]. Growth in general peaked at the end of last summer — Apple, Amazon (AMZN), all of them on a relative basis.\"The two biggest outperforming S&P 500 sectors this year are energy and financials. The Energy Select Sector SPDR Fund (XLE) is up 38% and the Financial Select Sector SPDR Fund (XLF) is up 26% year-to-date. Parets says, \"[T]he big winners have been coming out of value [stocks] ... Financials, Berkshire [Hathaway], energy ... Those have been the winners. The losers have been the growth stocks.\"2021 is not 2020Parets also notes the different market environment this year compared to last year — a phenomenon many investors may not be noticing. \"There's so much more evidence that 2021 is just not what 2020 was, right? It is a completely different type of market, and some investors are able to adjust and see the information coming in and act accordingly. And some investors just like to sit on their hands and hope that last year's market was going to continue to be this year's market. I see it every day, and they're paying a price for it,\" he says.Parets outlines his trading style using the recent highs of certain trading instruments as a line in the sand. If the price is below the level, he's thinking bearishly. \"[If the index level is] below the February highs in small caps or the Nasdaq, under no circumstances can we be long ... Bottom line is there's no reason to be long if the Nasdaq or small caps are below those February highs.\"Apple stock, like many of its peers, has gone largely sideways since September despite making a nominal record high in January. Parets likes a short in Apple based on its relative underperformance, and issues a warning to fund managers who may be loading up on growth stocks at the expense of risk management.JC Parets breaks down an Apple short\"I'm hearing that [Ark Investment Management CEO] Cathie Wood considers Apple her cash equivalent. That's pretty scary if you ask me. So, I really like the short a lot. Notice those September highs — where we got to in September was 138. We tried to get back there in January and failed. Most recently, we tried to get back there last month and failed, again. That's the level, 138. If you're below 138, under no circumstances can you own Apple ... I prefer to be short. And how low could it go? ... I could go real low. Why can't it get back toward 100?\" says Parets.Gold making a comebackParets also highlights how defensive sectors and instruments have been perking up since the March lows. He uses a generalized trading maxim to illustrate how the trends in defensive stocks morphed from bearish to bullish.\"First thing assets need to do before they [start going up] is to stop going down. And over the last year, what were the worst assets? Bonds, yen, gold, staples on a relative bases. All the defensive areas were the worst place to be. And that changed in the first quarter of this year. They stopped going down, and over the last couple months, they've actually been going up,\" says Parets.When it comes to things that have started to go up, Parets is looking at playing gold. \"We've been bullish gold. That trade's been working — not just the metal, also the [gold] miners as well. Yen stopped going down, bonds stopped going down. They're not really going up, but they're not going down either. And [with consumer] staples, utilities, [and] REITs outperforming, does that remind you of an environment where stocks are doing well? Or should they be doing poorly?\" he asks.Separately, Lee Munson, president and CIO at Portfolio Wealth Advisors, is also telling Yahoo Finance Live he likes gold as an investment because the environment for the precious metal has fundamentally changed. \"What moved gold in the past is not what is moving it right now. We have had a regime change. Generally, I see gold as something that tends to go up when the Fed's balance sheet expands. Some people think the balance sheet can't expand anymore. That's what I call 'BS',\" he says.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190117508,"gmtCreate":1620605584404,"gmtModify":1634197825149,"author":{"id":"3577269269445542","authorId":"3577269269445542","name":"SkylerTan","avatar":"https://static.tigerbbs.com/a7599105f5c2badfffd8c14fb075b48b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577269269445542","authorIdStr":"3577269269445542"},"themes":[],"htmlText":"Morning, pls help me like and comment&nbsp;","listText":"Morning, pls help me like and comment&nbsp;","text":"Morning, pls help me like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/190117508","repostId":"2134686276","repostType":4,"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}