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2021-04-24

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4 Signs You're About to Invest in the Wrong Stock

2021-04-24

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2021-04-24

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Stocks open flat, head for losing week on higher tax fears

2021-04-24

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2021-04-24

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‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme

2021-04-24

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Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears

2021-04-24

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The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts' hopes. 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Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&amp;P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. 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The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&amp;P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144648815","content_text":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.The S&P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"Week to date, the S&P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372668299,"gmtCreate":1619203980511,"gmtModify":1634287785950,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/372668299","repostId":"2129359569","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372668345,"gmtCreate":1619203937587,"gmtModify":1634287786314,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372668345","repostId":"1179843002","repostType":4,"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372661454,"gmtCreate":1619203700478,"gmtModify":1634287786676,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372661454","repostId":"1101099559","repostType":4,"repost":{"id":"1101099559","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619191663,"share":"https://www.laohu8.com/m/news/1101099559?lang=&edition=full","pubTime":"2021-04-23 23:27","market":"us","language":"en","title":"Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1101099559","media":"Tiger Newspress","summary":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White ","content":"<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</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>Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears</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\">\nDow rebounds 200 points led by banks and tech as market shrugs off higher tax fears\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\">2021-04-23 23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc",".IXIC":"NASDAQ Composite","INTC":"英特尔",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101099559","content_text":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”Week to date, the three major averages are all down about 1%.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Snap shares, meanwhile, jumped 9% after it said it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372661574,"gmtCreate":1619203672698,"gmtModify":1634287786795,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372661574","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372669314,"gmtCreate":1619203159538,"gmtModify":1634287788987,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372669314","repostId":"1128911279","repostType":4,"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":372668299,"gmtCreate":1619203980511,"gmtModify":1634287785950,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/372668299","repostId":"2129359569","repostType":4,"repost":{"id":"2129359569","kind":"highlight","pubTimestamp":1619187404,"share":"https://www.laohu8.com/m/news/2129359569?lang=&edition=full","pubTime":"2021-04-23 22:16","market":"us","language":"en","title":"4 Signs You're About to Invest in the Wrong Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2129359569","media":"Motley Fool","summary":"Buying the wrong stocks could result in serious losses. Here's how to know when you're headed for disaster.","content":"<p>Your goal in buying stocks should be to assemble a diverse investment mix that leads to long-term wealth. But if you buy the wrong stocks, you'll only set yourself back on reaching your goals. With that in mind, here are a few warning signs that you may be about to invest in a stock that's not a good fit for you.</p>\n<h2>1. You haven't done your research</h2>\n<p>It's sometimes OK to buy a new gadget on a whim. But with stocks, not so much.</p>\n<p>Rather, it's important to research each stock you buy to make sure the company behind it is not only financially sound, but also that it has decent growth potential. If you jump on a stock without looking into it at all, you may end up regretting that decision.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ac797d9ed29804f7fea3e96212d91a6\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>2. You're following media hype</h2>\n<p>Meme stocks have been popular this year, but many of the companies behind them are rather speculative, which could translate into a poor investment for you. Rather than buy the stocks that everyone keeps talking about and the internet seems to be all over, aim to find solid companies with strong earnings and an established record of managing their cash well.</p>\n<h2>3. You're acting on emotion instead of logic</h2>\n<p>If you're a big fan of a certain company's product, you may be inclined to buy its stock. Investing in companies that have business models you understand is a good idea. But that's not the same thing as buying a stock simply because you like or use a specific product.</p>\n<p>While you can use your knowledge of a certain product as a starting point, you should also thoroughly research the company in question to make sure it does a good job of preserving cash flow and keeping debt to a manageable level, among other things.</p>\n<h2>4. You're focusing on price more than value</h2>\n<p>Many investors are drawn to inexpensive stocks -- including penny stocks -- because they feel that, by virtue of that low price point, they're getting a bargain. But a cheap stock doesn't imply that you're getting a good deal. In fact, think about electronics -- you may like the idea of buying a $300 laptop instead of spending $1,200, but chances are that a $300 purchase won't last nearly as long or offer nearly as much value.</p>\n<p>The same holds true for stocks. Though expensive stocks aren't automatically a good deal, stocks are often priced low for a reason. So rather than focus on price alone, you should aim to figure out what sort of value you're getting.</p>\n<p>Buying stocks isn't something you should do lightly. As such, make sure to approach your investments methodically. Establish an overall investing strategy and take the time to vet stocks individually to make sure they're a good fit for your portfolio. Going this route could spell the difference between accumulating a lot of wealth in your lifetime and losing money in the stock market -- in the near term, as well as the long run.</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>4 Signs You're About to Invest in the Wrong 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\">\n4 Signs You're About to Invest in the Wrong Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/23/4-signs-youre-about-to-invest-in-the-wrong-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Your goal in buying stocks should be to assemble a diverse investment mix that leads to long-term wealth. But if you buy the wrong stocks, you'll only set yourself back on reaching your goals. With ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/23/4-signs-youre-about-to-invest-in-the-wrong-stock/\">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",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/04/23/4-signs-youre-about-to-invest-in-the-wrong-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129359569","content_text":"Your goal in buying stocks should be to assemble a diverse investment mix that leads to long-term wealth. But if you buy the wrong stocks, you'll only set yourself back on reaching your goals. With that in mind, here are a few warning signs that you may be about to invest in a stock that's not a good fit for you.\n1. You haven't done your research\nIt's sometimes OK to buy a new gadget on a whim. But with stocks, not so much.\nRather, it's important to research each stock you buy to make sure the company behind it is not only financially sound, but also that it has decent growth potential. If you jump on a stock without looking into it at all, you may end up regretting that decision.\nImage source: Getty Images.\n2. You're following media hype\nMeme stocks have been popular this year, but many of the companies behind them are rather speculative, which could translate into a poor investment for you. Rather than buy the stocks that everyone keeps talking about and the internet seems to be all over, aim to find solid companies with strong earnings and an established record of managing their cash well.\n3. You're acting on emotion instead of logic\nIf you're a big fan of a certain company's product, you may be inclined to buy its stock. Investing in companies that have business models you understand is a good idea. But that's not the same thing as buying a stock simply because you like or use a specific product.\nWhile you can use your knowledge of a certain product as a starting point, you should also thoroughly research the company in question to make sure it does a good job of preserving cash flow and keeping debt to a manageable level, among other things.\n4. You're focusing on price more than value\nMany investors are drawn to inexpensive stocks -- including penny stocks -- because they feel that, by virtue of that low price point, they're getting a bargain. But a cheap stock doesn't imply that you're getting a good deal. In fact, think about electronics -- you may like the idea of buying a $300 laptop instead of spending $1,200, but chances are that a $300 purchase won't last nearly as long or offer nearly as much value.\nThe same holds true for stocks. Though expensive stocks aren't automatically a good deal, stocks are often priced low for a reason. So rather than focus on price alone, you should aim to figure out what sort of value you're getting.\nBuying stocks isn't something you should do lightly. As such, make sure to approach your investments methodically. Establish an overall investing strategy and take the time to vet stocks individually to make sure they're a good fit for your portfolio. Going this route could spell the difference between accumulating a lot of wealth in your lifetime and losing money in the stock market -- in the near term, as well as the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372669314,"gmtCreate":1619203159538,"gmtModify":1634287788987,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372669314","repostId":"1128911279","repostType":4,"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372666091,"gmtCreate":1619204128913,"gmtModify":1634287785628,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372666091","repostId":"1144648815","repostType":4,"repost":{"id":"1144648815","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619184669,"share":"https://www.laohu8.com/m/news/1144648815?lang=&edition=full","pubTime":"2021-04-23 21:31","market":"us","language":"en","title":"Stocks open flat, head for losing week on higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1144648815","media":"Tiger Newspress","summary":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns ","content":"<p>U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.</p><p>The S&amp;P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&amp;P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</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>Stocks open flat, head for losing week on higher tax fears</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\">\nStocks open flat, head for losing week on higher tax fears\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\">2021-04-23 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.</p><p>The S&amp;P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&amp;P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144648815","content_text":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.The S&P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"Week to date, the S&P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372539356,"gmtCreate":1619226274475,"gmtModify":1634287654336,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372539356","repostId":"1149578575","repostType":4,"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372668345,"gmtCreate":1619203937587,"gmtModify":1634287786314,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372668345","repostId":"1179843002","repostType":4,"repost":{"id":"1179843002","kind":"news","pubTimestamp":1619190162,"share":"https://www.laohu8.com/m/news/1179843002?lang=&edition=full","pubTime":"2021-04-23 23:02","market":"us","language":"en","title":"‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=1179843002","media":"CNBC","summary":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be","content":"<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.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>‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉","SQ":"Block"},"source_url":"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179843002","content_text":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin,” the former derivatives trader and current hedge fund advisor told CNBC on Friday.\nTaleb had once believed bitcoin was a promising new currency, because it was not controlled by a government. But he has since changed his mind.\n\n“Black Swan” author Nassim Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and it’s not a safe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin. None. I mean, you can have hyperinflation and bitcoin going to zero. There’s no link between them,” Taleb said in a “Squawk Box” interview.\n“It’s a beautifully set up cryptographic system. It’s well made but there’s absolutely no reason it should be linked to anything economic,” added Taleb, whose bestselling 2007 book examined highly improbable events and their potential to cause severe consequences. He said bitcoin has characteristics of what he calls a Ponzi scheme that’s right out in the open.\nA Ponzi scheme is a type of fraud whereby crooks steal money from investors and mask the theft by funneling returns to clients from funds contributed by newer investors.\nTaleb had once held favorable views toward bitcoin, which was created in 2009 and is the world’s largest cryptocurrency by market value. However, he told CNBC he was “fooled by it initially” because he thought it could develop into a currency used in transactions.\n“Something that moves 5% a day, 20% in a month — up or down — cannot be a currency. It’s something else,” said Taleb, a former derivatives trader who serves as scientific advisor to hedge fund Universa Investments.\n“I bought into it ... not willing to have capital appreciation, so much as wanting to have an alternative to the fiat currency issued by central banks: A currency without a government,” Taleb said. “I realized it was not a currency without a government. It was just pure speculation. It’s just like a game ... I mean, you can create another game and call it a currency.”\nWhile some businesses do accept bitcoin as payment for goods and services, including electric vehicle maker Tesla, there are those in the crypto community who think it’s actually an asset and store of value. Bitcoin, which has its supply capped at 21 million tokens, has been described as “digital gold.”\n“It’s easily transportable and can be sent anywhere in the world if you have a smartphone so it’s a much better version, as a store of value, than gold,” famed value investor Bill Miller told CNBC earlier this week.\n“With bitcoin, volatility is the price you pay for performance,” added Miller, who has also previously contended bitcoin grows less risky as adoption and its price increases.\nIndeed, the price of bitcoin has soared higher in recent months — rising from under $11,000 per unit as recently as October to an all-time high of nearly $65,000 last week. Increased institutional adoption has been cited as one factor in its climb.\nIn keeping with its propensity for wild price swings, bitcoin has tumbled in the days since, ultimately breaking below $50,000 per token earlier Friday, a 23% drop in a little more than a week. However, the price has still risen more than 70% year to date,according to Coindesk.\nBitcoin has received long-term price targets between $400,000 and $600,000 per token from some people in the investment community, including Guggenheim Partners’Scott Minerd; others have projected even higher than that.\nTaleb suggested bitcoin’s price is not what informs his now-critical view, saying “bitcoin could go to $1 million” and it wouldn’t change his argument. “These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make,” he added.\nInvestors who are worried about inflation would be better off purchasing property than investing in bitcoin, Taleb said. “If you want to hedge against inflation, buy a piece of land. Grow, I don’t know, olives on it. You’ll have olive oil. If the price collapses, you’ll have something.”\n“But bitcoin, there’s no connection and, of course, the best strategy for investors is to own things that produce yields in the future. In other words, you can fall back on real dollars coming out of the company,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372661454,"gmtCreate":1619203700478,"gmtModify":1634287786676,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372661454","repostId":"1101099559","repostType":4,"repost":{"id":"1101099559","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619191663,"share":"https://www.laohu8.com/m/news/1101099559?lang=&edition=full","pubTime":"2021-04-23 23:27","market":"us","language":"en","title":"Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1101099559","media":"Tiger Newspress","summary":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White ","content":"<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</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>Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears</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\">\nDow rebounds 200 points led by banks and tech as market shrugs off higher tax fears\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\">2021-04-23 23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc",".IXIC":"NASDAQ Composite","INTC":"英特尔",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101099559","content_text":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”Week to date, the three major averages are all down about 1%.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Snap shares, meanwhile, jumped 9% after it said it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372661574,"gmtCreate":1619203672698,"gmtModify":1634287786795,"author":{"id":"3582024381966940","authorId":"3582024381966940","name":"ALoo","avatar":"https://static.tigerbbs.com/747e89c37d3ea6a1016521015f894053","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582024381966940","authorIdStr":"3582024381966940"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372661574","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}