mightypaul1的个人主页 - 老虎社区

mightypaul1

mightypaul1

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2021-07-17

Looks like the crash is here

抱歉，原内容已删除

2021-05-26

Debts is what grows the economy, but what happens when debt is too much?

Wall Street is facing a $9 trillion problem

2021-06-07

TAL have been bearish rapidly.

抱歉，原内容已删除

2021-06-07

So powerful Reddit influence

AMC stock jumps more than 20% as Reddit-fueled rally stretches to another week

2021-06-01

$Palantir Technologies Inc.(PLTR)$Bullish

2021-05-27

General Motors start production of semiconductors?

General Motors shares rose more than 3%

2021-08-06

Come on QTT

2021-05-28

The stock market and selling options makes his riches.

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million

2021-05-26

Market in general are bullish.

Why Shares of Takung Art Are Surging Today

2021-05-23

$Palantir Technologies Inc.(PLTR)$bullish on thecharts

2021-05-22

Luckin coffee oh

2021-08-05

Come on let’s break past 2 USD

2021-08-02

Will this rise?

2021-07-23

What happened? Dropping

2021-07-22

Updates for everyone

2021-07-20

Technology

2021-07-19

Cancer research

2021-07-16

Electric vechicles friendly to planet earth

2021-07-15

Solar energy

2021-07-14

The future

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here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179012679","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136832639,"gmtCreate":1622004400121,"gmtModify":1634184737349,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"Debts is what grows the economy, but what happens when debt is too much?&nbsp;","listText":"Debts is what grows the economy, but what happens when debt is too much?&nbsp;","text":"Debts is what grows the economy, but what happens when debt is too much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136832639","repostId":"1147329617","repostType":4,"repost":{"id":"1147329617","kind":"news","pubTimestamp":1622000803,"share":"https://www.laohu8.com/m/news/1147329617?lang=&edition=full","pubTime":"2021-05-26 11:46","market":"us","language":"en","title":"Wall Street is facing a $9 trillion problem","url":"https://stock-news.laohu8.com/highlight/detail?id=1147329617","media":"cnn","summary":"London (CNN Business)Central banks were the superheroes of the early phase of the pandemic, taking d","content":"<p>London (CNN Business)Central banks were the superheroes of the early phase of the pandemic, taking dramatic steps to save the economy and financial markets from ruin.</p>\n<p>Now, as the recovery kicks into gear, they've become a major risk for investors.</p>\n<p>What's happening: The latest reading of the Back-to-Normal Index from CNN Business shows that the US economy's comeback is 90% complete. But investors are increasingly worried that the Federal Reserve, observing such promising data and rising inflation, will make a damaging mistake, such as moving too soon to roll back unprecedented levels of support — or ignoring growing problems until they're too late.</p>\n<p>In a Deutsche Bank survey of 620 market professionals published this week, 39% of respondents listed a \"central bank policy error\" as one of the top three risks to market stability, up from 21% the previous month.</p>\n<p>Similar fears are reflected in the survey of global fund managers posted by Bank of America last week. The number two risk, behind inflation, is a \"taper tantrum,\" referring to a scenario where central banks ease up on bond purchases, increasing yields and sparking a panic in markets.</p>\n<p>Big picture: Investors have become hooked on easy money from central banks like the Fed, whose decision to slash interest rates to rock bottom and buy up hundreds of billions of dollars in bonds fed the market's rapid rebound after the initial coronavirus shock.</p>\n<p>But such policies have also handed central banks huge power to dictate market outcomes, making it harder for them to pivot down the line.</p>\n<p>See here: The Fed's balance sheet increased to $7.4 trillion last year, the highest level on record, according to a new report from the Federal Reserve Bank of New York. By 2023, it could grow to $9 trillion, it projects. That's almost as much as the combined annual GDP of Japan and Germany — and means policymakers can't afford to make a mistake.</p>\n<p>After a long holding pattern, central banks are \"waking up\" to the risk of a \"consequential financial accident,\" Mohamed El-Erian, an adviser to Allianz and Gramercy, wrote Tuesday in an op-ed for the Financial Times. But they're in a difficult position, he added.</p>\n<p>For now, the Fed continues to hold firm its stance that it's monitoring risks but does not intend to take near-term action, even as prices rise.</p>\n<p>\"There are reasons why we should be seeing higher price levels today,\" Atlanta Fed President Raphael Bostic said Monday. \"The question is how enduring is it going to be. Right now, I am not seeing it is going to be enduring.\"</p>\n<p>The European Central Bank is sounding slightly more cautious. Last week, it warned that while \"the economy is still reliant upon policy support to prevent widespread unemployment, corporate insolvencies and economic contraction,\" financial markets have \"exhibited remarkable exuberance.\"</p>\n<p>El-Erian thinks that investors \"should be encouraging the Fed to pivot rather than just focus on the continued joy of surfing the liquidity wave.\" But breaking an addiction is easier said than done, even as the potential for negative complications add up.</p>\n<p><b>Apple and Epic Games await a blockbuster verdict</b></p>\n<p>A weeks-long antitrust trial between Apple (AAPL) and Epic Games culminated with the maker of the hit video game Fortnite calling Apple an \"overlord\" and the iPhone maker suggesting Epic is paving the way for a \"scary\" future for iOS customers.</p>\n<p>After spending days presenting reams of dueling economic analysis and documentary evidence, the two sides landed on Monday where they began: arguing over how Judge Yvonne Gonzalez Rogers should interpret Apple's role in a sprawling digital economy, my CNN Business colleagues Brian Fung and Rishi Iyengar report.</p>\n<p>Remember: The outcome of that analysis could reshape how digital app stores work or uphold Apple's prime position in its app ecosystem.</p>\n<p>What comes next: Gonzalez Rogers is set to decide whether Apple is an agile innovator that reaped just rewards for building a popular app business, or if it is, as Epic alleges, a monopolist that uses its control over the iOS App Store to illegally harm competition, restrict innovation and keep prices high.</p>\n<p>The judge said Monday she aims to issue an opinion by mid-August, though it could take longer given the thousands of pages generated by the case.</p>\n<p>Reading the tea leaves: Gonzalez Rogers offered critical questions to both sides. She challenged Apple on the fees it charges developers, and at times implied she was open to finding that Apple had broken the law. But she also pushed hard against Epic on Monday, suggesting that what the company was asking her to do was to \"change the business model\" of Apple.</p>\n<p>Investor insight: Nick Rodelli, head of Legal Edge Research at CFRA, told clients that he thinks Epic \"has a slight edge in winning the Apple litigation.\" That could deal a major blow to Apple's stock, given that App Store practices contribute a significant share of its pre-tax income.</p>\n<p><b>Congress is skeptical of the SPAC boom</b></p>\n<p>Are everyday investors getting duped by SPACs, one of Wall Street's hottest trends over the past year?</p>\n<p>That's the growing concern in Washington. On Monday, lawmakers held a hearing to scrutinize whether more protections are needed now that billions of dollars have been allocated to special-purpose acquisition companies, which raise funding and then hunt for promising companies to take public. Startups including space venture Virgin Galactic (SPCE) and electric vehicle companies Lordstown Motors and Arrival have opted to merge with SPACs instead of pursuing traditional initial public offerings.</p>\n<p>Reading the mood: \"I have deep concerns about the lack of transparency and accountability that is a hallmark of the SPAC process,\" Rep. Maxine Waters, the chair of the House Financial Services Committee, said in her opening statement.</p>\n<p>One fear: SPACs have more leeway to make ambitious projections for future growth — and retail investors are \"buying into this kind of hype,\" testified Andrew Park, senior policy analyst at Americans for Financial Reform.</p>\n<p>\"Whereas in an IPO, issuers and underwriters are liable for making false and misleading forward looking statements, SPACs are not subject to that same standard,\" Park said. \"That has emboldened many pre-revenue companies in highly speculative industries such as electric vehicles, cryptocurrency, and space exploration to make what might generously be called very rosy projections.\"</p>\n<p>That could change. The House is looking at legislation that would alter how such rules apply to SPACs. The Securities and Exchange Commission could do the same. Does this spell the beginning of the end of the SPAC boom?</p>\n<p><b>Up next</b></p>\n<p>AutoZone (AZO) reports results before US markets open. Nordstrom (JWN) and Urban Outfitters (URBN) follow after the close.</p>\n<p>Also today: New US home sales for April and consumer confidence data for May post at 10 a.m. ET.</p>\n<p>Coming tomorrow: Earnings from Abercrombie &amp; Fitch (ANF), Dick's Sporting Goods (DKS), American Eagle (AEO), Nvidia (NVDA) and Williams-Sonoma (WSM).</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 is facing a $9 trillion problem</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 is facing a $9 trillion problem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 11:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/05/25/investing/premarket-stocks-trading/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London (CNN Business)Central banks were the superheroes of the early phase of the pandemic, taking dramatic steps to save the economy and financial markets from ruin.\nNow, as the recovery kicks into ...</p>\n\n<a href=\"https://edition.cnn.com/2021/05/25/investing/premarket-stocks-trading/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/05/25/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147329617","content_text":"London (CNN Business)Central banks were the superheroes of the early phase of the pandemic, taking dramatic steps to save the economy and financial markets from ruin.\nNow, as the recovery kicks into gear, they've become a major risk for investors.\nWhat's happening: The latest reading of the Back-to-Normal Index from CNN Business shows that the US economy's comeback is 90% complete. But investors are increasingly worried that the Federal Reserve, observing such promising data and rising inflation, will make a damaging mistake, such as moving too soon to roll back unprecedented levels of support — or ignoring growing problems until they're too late.\nIn a Deutsche Bank survey of 620 market professionals published this week, 39% of respondents listed a \"central bank policy error\" as one of the top three risks to market stability, up from 21% the previous month.\nSimilar fears are reflected in the survey of global fund managers posted by Bank of America last week. The number two risk, behind inflation, is a \"taper tantrum,\" referring to a scenario where central banks ease up on bond purchases, increasing yields and sparking a panic in markets.\nBig picture: Investors have become hooked on easy money from central banks like the Fed, whose decision to slash interest rates to rock bottom and buy up hundreds of billions of dollars in bonds fed the market's rapid rebound after the initial coronavirus shock.\nBut such policies have also handed central banks huge power to dictate market outcomes, making it harder for them to pivot down the line.\nSee here: The Fed's balance sheet increased to $7.4 trillion last year, the highest level on record, according to a new report from the Federal Reserve Bank of New York. By 2023, it could grow to $9 trillion, it projects. That's almost as much as the combined annual GDP of Japan and Germany — and means policymakers can't afford to make a mistake.\nAfter a long holding pattern, central banks are \"waking up\" to the risk of a \"consequential financial accident,\" Mohamed El-Erian, an adviser to Allianz and Gramercy, wrote Tuesday in an op-ed for the Financial Times. But they're in a difficult position, he added.\nFor now, the Fed continues to hold firm its stance that it's monitoring risks but does not intend to take near-term action, even as prices rise.\n\"There are reasons why we should be seeing higher price levels today,\" Atlanta Fed President Raphael Bostic said Monday. \"The question is how enduring is it going to be. Right now, I am not seeing it is going to be enduring.\"\nThe European Central Bank is sounding slightly more cautious. Last week, it warned that while \"the economy is still reliant upon policy support to prevent widespread unemployment, corporate insolvencies and economic contraction,\" financial markets have \"exhibited remarkable exuberance.\"\nEl-Erian thinks that investors \"should be encouraging the Fed to pivot rather than just focus on the continued joy of surfing the liquidity wave.\" But breaking an addiction is easier said than done, even as the potential for negative complications add up.\nApple and Epic Games await a blockbuster verdict\nA weeks-long antitrust trial between Apple (AAPL) and Epic Games culminated with the maker of the hit video game Fortnite calling Apple an \"overlord\" and the iPhone maker suggesting Epic is paving the way for a \"scary\" future for iOS customers.\nAfter spending days presenting reams of dueling economic analysis and documentary evidence, the two sides landed on Monday where they began: arguing over how Judge Yvonne Gonzalez Rogers should interpret Apple's role in a sprawling digital economy, my CNN Business colleagues Brian Fung and Rishi Iyengar report.\nRemember: The outcome of that analysis could reshape how digital app stores work or uphold Apple's prime position in its app ecosystem.\nWhat comes next: Gonzalez Rogers is set to decide whether Apple is an agile innovator that reaped just rewards for building a popular app business, or if it is, as Epic alleges, a monopolist that uses its control over the iOS App Store to illegally harm competition, restrict innovation and keep prices high.\nThe judge said Monday she aims to issue an opinion by mid-August, though it could take longer given the thousands of pages generated by the case.\nReading the tea leaves: Gonzalez Rogers offered critical questions to both sides. She challenged Apple on the fees it charges developers, and at times implied she was open to finding that Apple had broken the law. But she also pushed hard against Epic on Monday, suggesting that what the company was asking her to do was to \"change the business model\" of Apple.\nInvestor insight: Nick Rodelli, head of Legal Edge Research at CFRA, told clients that he thinks Epic \"has a slight edge in winning the Apple litigation.\" That could deal a major blow to Apple's stock, given that App Store practices contribute a significant share of its pre-tax income.\nCongress is skeptical of the SPAC boom\nAre everyday investors getting duped by SPACs, one of Wall Street's hottest trends over the past year?\nThat's the growing concern in Washington. On Monday, lawmakers held a hearing to scrutinize whether more protections are needed now that billions of dollars have been allocated to special-purpose acquisition companies, which raise funding and then hunt for promising companies to take public. Startups including space venture Virgin Galactic (SPCE) and electric vehicle companies Lordstown Motors and Arrival have opted to merge with SPACs instead of pursuing traditional initial public offerings.\nReading the mood: \"I have deep concerns about the lack of transparency and accountability that is a hallmark of the SPAC process,\" Rep. Maxine Waters, the chair of the House Financial Services Committee, said in her opening statement.\nOne fear: SPACs have more leeway to make ambitious projections for future growth — and retail investors are \"buying into this kind of hype,\" testified Andrew Park, senior policy analyst at Americans for Financial Reform.\n\"Whereas in an IPO, issuers and underwriters are liable for making false and misleading forward looking statements, SPACs are not subject to that same standard,\" Park said. \"That has emboldened many pre-revenue companies in highly speculative industries such as electric vehicles, cryptocurrency, and space exploration to make what might generously be called very rosy projections.\"\nThat could change. The House is looking at legislation that would alter how such rules apply to SPACs. The Securities and Exchange Commission could do the same. Does this spell the beginning of the end of the SPAC boom?\nUp next\nAutoZone (AZO) reports results before US markets open. Nordstrom (JWN) and Urban Outfitters (URBN) follow after the close.\nAlso today: New US home sales for April and consumer confidence data for May post at 10 a.m. ET.\nComing tomorrow: Earnings from Abercrombie & Fitch (ANF), Dick's Sporting Goods (DKS), American Eagle (AEO), Nvidia (NVDA) and Williams-Sonoma (WSM).","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114254001,"gmtCreate":1623076829603,"gmtModify":1631892061496,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"TAL have been bearish rapidly.&nbsp;","listText":"TAL have been bearish rapidly.&nbsp;","text":"TAL have been bearish rapidly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114254001","repostId":"1137073803","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114252791,"gmtCreate":1623076780913,"gmtModify":1634037199441,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"So powerful Reddit influence&nbsp;","listText":"So powerful Reddit influence&nbsp;","text":"So powerful Reddit influence","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/114252791","repostId":"1158917999","repostType":4,"repost":{"id":"1158917999","kind":"news","pubTimestamp":1623075291,"share":"https://www.laohu8.com/m/news/1158917999?lang=&edition=full","pubTime":"2021-06-07 22:14","market":"us","language":"en","title":"AMC stock jumps more than 20% as Reddit-fueled rally stretches to another week","url":"https://stock-news.laohu8.com/highlight/detail?id=1158917999","media":"cnbc","summary":"AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday ","content":"<div>\n<p>AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday as speculative trading activity in the struggling movie theater gained steam.\nShares of AMC jumped ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/-amc-stock-jumps-16percent-as-reddit-fueled-rally-stretches-to-another-week.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>AMC stock jumps more than 20% as Reddit-fueled rally stretches to another 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\">\nAMC stock jumps more than 20% as Reddit-fueled rally stretches to another week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/07/-amc-stock-jumps-16percent-as-reddit-fueled-rally-stretches-to-another-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday as speculative trading activity in the struggling movie theater gained steam.\nShares of AMC jumped ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/07/-amc-stock-jumps-16percent-as-reddit-fueled-rally-stretches-to-another-week.html\">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.cnbc.com/2021/06/07/-amc-stock-jumps-16percent-as-reddit-fueled-rally-stretches-to-another-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1158917999","content_text":"AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday as speculative trading activity in the struggling movie theater gained steam.\nShares of AMC jumped 23% to around $57.71 apiece in morning trading on Monday, following an 80% rally in the prior week. The stock has dethroned GameStop to become the star on the infamous WallStreetBets forum on Reddit, with retail traders encouraging each other to pile into the shares and call options.\nA call option is an instrument that gives an investor the right to buy a stock at a stated price within a particular time frame.\nAMC has gained more than 120% in June alone after a 160% advance in May, pushing its 2021 rally to over 2,600%. The stock has far surpassed its January high amid the GameStop trading mania, hitting an intraday record of $72.62 last week.\nOther meme stocks also traded higher on Monday as momentum built.Bed Bath & Beyondadvanced 7% on Monday, whileBlackBerrypopped more than 8%.GameStopgained nearly 6%.\nAmid the wild trading, TD Ameritrade put in place increased margin requirements to 100% on AMC and GameStop. The brokerage firm said it may also implement additional requirements on opening trades on AMC options that expire on Friday.\n\"#NakedShorts\" and \"#NakedShorting\" were trending on Twitter on Monday as well as over the weekend, referring to the elevated short interest in AMC. Naked shorting is the illegal practice short selling where a stock's short interest may be larger than the tradable shares in the market sometimes due to discrepancies between paper and electronic trading systems.\nAMC has around 18% of its float shares sold short, versus about 5% for an average U.S. stock, according to data from S3 Partners. Short sellers betting against AMC have suffered $2 billion in losses last week, S3 data showed.\n\"It is extremely tempting to short these stocks, but unless you have huge liquid resources, please try to resist the temptation because these prices can go to unimaginable highs before they settle down to a reasonable valuation, and you may have to cover on the high point,\" Interactive Brokers chairman Thomas Peterffy said on CNBC's \"Squawk Box\" on Monday.\n\"On the long term, stocks always approach their fundamental values, which in this case is much, much lower,\" Peterffy added.\nAMC took advantage of the massive rally last week, selling 20 million shares in two separate deals and generating around $800 million in cash. CEO Adam Aron signaledhe wanted to sell up to 25 million more shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110724279,"gmtCreate":1622505540491,"gmtModify":1634101075929,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Bullish&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Bullish&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$Bullish","images":[{"img":"https://static.tigerbbs.com/f22e3d3fda642483e0f21d107c812107","width":"1242","height":"2001"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/110724279","isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135936016,"gmtCreate":1622125343135,"gmtModify":1631884276058,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"General Motors start production of semiconductors?&nbsp;","listText":"General Motors start production of semiconductors?&nbsp;","text":"General Motors start production of semiconductors?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135936016","repostId":"1173883407","repostType":4,"repost":{"id":"1173883407","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":1622122899,"share":"https://www.laohu8.com/m/news/1173883407?lang=&edition=full","pubTime":"2021-05-27 21:41","market":"us","language":"en","title":"General Motors shares rose more than 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1173883407","media":"Tiger Newspress","summary":"General Motors shares rose more than 3%.\nGeneral Motors Co said Thursday it will be soon be restarti","content":"<p>General Motors&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;3%.</p>\n<p><img src=\"https://static.tigerbbs.com/80cad8117ea40be9a0fcfb3b52daf135\" tg-width=\"804\" tg-height=\"565\">General Motors Co said Thursday it will be soon be restarting production at five assembly plants around the world that have been idled due to a global semiconductor chips shortage.</p>\n<p>GM said it is restarting operations at four plants in the United States, Mexico and Canada starting next week. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> plants in Mexico will resume production next week that build the Chevrolet Equinox, GMC Terrain and Chevrolet Blazer.</p>\n<p>Next week GM will also resume full production at its Bupyeong 1 Assembly in Korea, which had been operating at 50% capacity since April 26 and return another Korean assembly plant to two shifts.</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>General Motors shares rose more than 3%</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\">\nGeneral Motors shares rose more than 3%\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\">2021-05-27 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>General Motors&nbsp;shares&nbsp;rose&nbsp;more&nbsp;than&nbsp;3%.</p>\n<p><img src=\"https://static.tigerbbs.com/80cad8117ea40be9a0fcfb3b52daf135\" tg-width=\"804\" tg-height=\"565\">General Motors Co said Thursday it will be soon be restarting production at five assembly plants around the world that have been idled due to a global semiconductor chips shortage.</p>\n<p>GM said it is restarting operations at four plants in the United States, Mexico and Canada starting next week. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> plants in Mexico will resume production next week that build the Chevrolet Equinox, GMC Terrain and Chevrolet Blazer.</p>\n<p>Next week GM will also resume full production at its Bupyeong 1 Assembly in Korea, which had been operating at 50% capacity since April 26 and return another Korean assembly plant to two shifts.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173883407","content_text":"General Motors shares rose more than 3%.\nGeneral Motors Co said Thursday it will be soon be restarting production at five assembly plants around the world that have been idled due to a global semiconductor chips shortage.\nGM said it is restarting operations at four plants in the United States, Mexico and Canada starting next week. Two plants in Mexico will resume production next week that build the Chevrolet Equinox, GMC Terrain and Chevrolet Blazer.\nNext week GM will also resume full production at its Bupyeong 1 Assembly in Korea, which had been operating at 50% capacity since April 26 and return another Korean assembly plant to two shifts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893293916,"gmtCreate":1628262602235,"gmtModify":1631889684056,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"Come on QTT","listText":"Come on QTT","text":"Come on QTT","images":[{"img":"https://static.tigerbbs.com/9702d20dc64502a2dd2642dbdfb1d927","width":"1125","height":"2469"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893293916","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135874708,"gmtCreate":1622159708604,"gmtModify":1634183365902,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"The stock market and selling options&nbsp;makes his riches.&nbsp;","listText":"The stock market and selling options&nbsp;makes his riches.&nbsp;","text":"The stock market and selling options makes his riches.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135874708","repostId":"2138517320","repostType":4,"repost":{"id":"2138517320","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1622129220,"share":"https://www.laohu8.com/m/news/2138517320?lang=&edition=full","pubTime":"2021-05-27 23:27","market":"us","language":"en","title":"Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2138517320","media":"Dow Jones","summary":"Don't invest like Andrew Dawood -- you may never be as lucky.The Egyptian-born resident of Dubai tur","content":"<p>Don't invest like Andrew Dawood -- you may never be as lucky.</p><p>The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin , Chinese electric-vehicle maker NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and videogame-retailer GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> over a four-year period, he told MarketWatch in an interview.</p><p>He can technically call himself a millionaire; but, he's risking it all to reach a goal of more than $3 million before 2025.</p><p>In many ways, Dawood's tale represents the new type of buyer on Wall Street, eager to grow wealth and willing to make outsize wagers in the hope of minting boatloads of money on Wall Street -- even if it imperils the entire bet in the process.</p><p>Dawood, who works as a flight attendant for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's largest airlines (he declined to identify the company by name), said he saved about $40,000 over four years and invested the entire amount in bitcoin on the Bittrex exchange, among others, at an average price of around $4,200 between Aug. 13 and Aug. 28 of 2017, accumulating 9.71 tokens.</p><p>MarketWatch looked over trade statements that he shared to confirm his transactions.</p><p>\"In my mind, if it gets to $5,000 or $6,000, fine, then I will sell it and be more than happy,\" the 31-year-old told MarketWatch.</p><p>Then mishap struck, he frittered away 3.95 bitcoins by attempting to boost his stake in the digital asset by selling as the price rose in the hope of buying more when it retreated in value.</p><p>\"But it didn't work. Every time I sold, it just went higher, and I bought again quickly, I kept repeating and thus reduced my bitcoin to 5.76 bitcoin,\" he explained.</p><p>It turned out to be an error that slashed about $70,000 from his account, at that time.</p><p>Dawood said that he eventually sold his remaining bitcoin to a man he met through www.localbitcoins.com , a site that matches buyers and sellers of crypto and touts human-to-human transactions.</p><p>The buyer wanted to wire him the sale proceeds but Dawood felt more comfortable meeting in a public place. Dawood arranged to meet at a nearby Dubai mall.</p><p>He accepted 370,000 Emirati Dirham , the equivalent of about $100,000 at the time, in exchange for his 5.76 bitcoin.</p><p>\"I counted the [money] and then deposited [it] in my 2 bank accounts in separate transactions.</p><p>For most people, this is where the story ends, especially after taking a nearly 4-bitcoin profit in his crypto foray.</p><p>However, Dawood was itching to find a fresh investment. So he bought 15,500 shares of NIO at $4.64 on Jan. 23, 2020, and another chunk of 6,565 shares at $4.12 days later as the stock slipped, before making a final purchase of 2,055 shares at $12.79 in July.</p><p>In total, he was holding on to more than 24,000 NIO shares, which cost him a little over $125,000, including an additional $25,000 that he accumulated from winning bets in Organigram Holdings (OG<a href=\"https://laohu8.com/S/00999\">I.T</a>), and Canadian cannabis company Aphria, which was bought by rival <a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a>  in a deal announced earlier this year.</p><p>Nearly a year after his January 2020 buy, Dawood sold his more than 24,000 shares of NIO in December, bought at an average price of $7.18, at $46.603 for a total of $1.124 million, trading statements reviewed by MarketWatch show.</p><p>Then, he took the money from his NIO investment and poured the entire sum into GameStop Corp. <a href=\"https://laohu8.com/S/GME.AU\">$(GME.AU)$</a>, purchasing more than 50,500 shares on Dec. 28, 2020 at around $22.</p><p>\"It's a stupid move, I agree,\" he told MarketWatch. \"And my friends and my family all told me not to.\" But Dawood did it anyway.</p><p>Tales of thrill-seeking investors appear to be growing against a backdrop of a stock market that is flush with liquidity from central banks across the globe and a prevailing climate of low interest rates that have emboldened investors young and old to carve out paths that might make the likes of Berkshire Hathaway (BRKA)(BRKA) CEO Warren Buffett or Peter Lynch grimace.</p><p>Brokerages, offering zero-commission trades are riding this wave of new investors. Fidelity Investments, for example, said that it added 4.1 million new accounts , according to data from JMP Securities, as stuck-at-home investors used pandemic stimulus funds to make stock bets.</p><p>National Securities chief market strategist Art Hogan said that \"there are literally thousands of stories\" like Dawood's that \"worked out the other way.\"</p><p>\"To me, this is a great sideshow story that really has nothing to do with investing whatsoever, but it's the nature of what's happening now,\" Hogan said.</p><p>The Dow Jones Industrial Average , the S&amp;P 500 index  and the Nasdaq Composite Index  have seen choppy trade in recent weeks, but indexes aren't that far from record highs as investors wrestle with the prospect of higher inflation and a sizzling post-pandemic economy.</p><p>A recent New York Times article made crypto trader Glauber Contessoto  famous, after documenting the 33-year-old's outlandish, leveraged bets on \"meme\" asset dogecoin , which had made him roughly $2 million as of early to mid-May.</p><p>Dogecoin has taken a precipitous drop along with the rest of the crypto complex since then, however.</p><p>See:Individual investors are back--here's what it means for the stock market</p><p>Dawood says that he wants people to know his story because he thinks that too few of his friends and people his age are investing and he believes that saving isn't enough to grow wealth.</p><p>There are a couple of things to know about Dawood's GameStop wager. Had he been as patient with his GME bet as he was with NIO, he would be a millionaire many times over.</p><p>His shares would have been worth $17.5 million had he sold GameStop around the peak in January, and those shares would still be worth around $12 million if he owned them today.</p><p>But he says he sold them at $33 because a paper profit isn't profit at all.</p><p>Despite this, Dawood grew his portfolio to roughly $1.7 million. Nothing to sneeze at, but hardly the money that he could have made.</p><p>Does he have any regrets? \"Of course,\" he said. But he's living with it.</p><p>So what did Dawood do with the proceeds from GameStop?</p><p>He put it back in NIO and that is where it will stay until it hits $100. He's already lost a chunk on that wager. NIO is trading at $37.92 as of Wednesday, or about half of where Dawood originally bought it.</p><p>Meanwhile, he has been supplementing his income by selling covered calls against his investment portfolio. A call is an option that gives the holder the right, but not the obligation, to buy the underlying asset at a specified strike price by a certain time.</p><p>By selling calls, Dawood is effectively betting that the price won't rise above the strike price, while collecting the premium paid by the buyer for the option.</p><p>Check out:How an options-trading frenzy is lifting stocks and stirring fears of a market bubble</p><p>If his stocks rise in value above the strike price, he pays the option buyer the difference between the equity price and the strike price. If the stock falls or doesn't rise enough to hit the exercise price, he keeps the premium paid by the option buyer. He's earned tens of thousands using that strategy so far and has lived off some of that income and invested it in NIO, most recently.</p><p>Dawood is currently on an eight-month unpaid leave from his airline gig as much of the world attempts to emerge from COVID. His expenses are minimal.</p><p>His company pays for his apartment, where he has lived for a number of years and he drives a modest vehicle for a would-be millionaire: a 2011 Ford Figo:</p><p>He said that he plans to end his high-risk parlays once he hits $3 million, at which point he may buy property and purchase something more staid and secure than meme stocks and crypto.</p><p>\"I will tell you that when you contemplate things like that, when you say to yourself 'when I get to this amount, I will stop' or whatever your goal is...you're really just rolling the dice,\" the National Securities' Hogan added.</p><p>\"Congratulations to him for how it's turned out so far...but this isn't investing, it's gambling,\" Hogan said.</p><p>Right now, Dawood isn't blinking, despite NIO's recent slump. \"I believe in NIO,\" he said and plus, \"Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> was too expensive for me,\" he said.</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>Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million</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; 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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\">\nBitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he's wagering it all in one final push to $3 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-27 23:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Don't invest like Andrew Dawood -- you may never be as lucky.</p><p>The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin , Chinese electric-vehicle maker NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and videogame-retailer GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> over a four-year period, he told MarketWatch in an interview.</p><p>He can technically call himself a millionaire; but, he's risking it all to reach a goal of more than $3 million before 2025.</p><p>In many ways, Dawood's tale represents the new type of buyer on Wall Street, eager to grow wealth and willing to make outsize wagers in the hope of minting boatloads of money on Wall Street -- even if it imperils the entire bet in the process.</p><p>Dawood, who works as a flight attendant for <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's largest airlines (he declined to identify the company by name), said he saved about $40,000 over four years and invested the entire amount in bitcoin on the Bittrex exchange, among others, at an average price of around $4,200 between Aug. 13 and Aug. 28 of 2017, accumulating 9.71 tokens.</p><p>MarketWatch looked over trade statements that he shared to confirm his transactions.</p><p>\"In my mind, if it gets to $5,000 or $6,000, fine, then I will sell it and be more than happy,\" the 31-year-old told MarketWatch.</p><p>Then mishap struck, he frittered away 3.95 bitcoins by attempting to boost his stake in the digital asset by selling as the price rose in the hope of buying more when it retreated in value.</p><p>\"But it didn't work. Every time I sold, it just went higher, and I bought again quickly, I kept repeating and thus reduced my bitcoin to 5.76 bitcoin,\" he explained.</p><p>It turned out to be an error that slashed about $70,000 from his account, at that time.</p><p>Dawood said that he eventually sold his remaining bitcoin to a man he met through www.localbitcoins.com , a site that matches buyers and sellers of crypto and touts human-to-human transactions.</p><p>The buyer wanted to wire him the sale proceeds but Dawood felt more comfortable meeting in a public place. Dawood arranged to meet at a nearby Dubai mall.</p><p>He accepted 370,000 Emirati Dirham , the equivalent of about $100,000 at the time, in exchange for his 5.76 bitcoin.</p><p>\"I counted the [money] and then deposited [it] in my 2 bank accounts in separate transactions.</p><p>For most people, this is where the story ends, especially after taking a nearly 4-bitcoin profit in his crypto foray.</p><p>However, Dawood was itching to find a fresh investment. So he bought 15,500 shares of NIO at $4.64 on Jan. 23, 2020, and another chunk of 6,565 shares at $4.12 days later as the stock slipped, before making a final purchase of 2,055 shares at $12.79 in July.</p><p>In total, he was holding on to more than 24,000 NIO shares, which cost him a little over $125,000, including an additional $25,000 that he accumulated from winning bets in Organigram Holdings (OG<a href=\"https://laohu8.com/S/00999\">I.T</a>), and Canadian cannabis company Aphria, which was bought by rival <a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a>  in a deal announced earlier this year.</p><p>Nearly a year after his January 2020 buy, Dawood sold his more than 24,000 shares of NIO in December, bought at an average price of $7.18, at $46.603 for a total of $1.124 million, trading statements reviewed by MarketWatch show.</p><p>Then, he took the money from his NIO investment and poured the entire sum into GameStop Corp. <a href=\"https://laohu8.com/S/GME.AU\">$(GME.AU)$</a>, purchasing more than 50,500 shares on Dec. 28, 2020 at around $22.</p><p>\"It's a stupid move, I agree,\" he told MarketWatch. \"And my friends and my family all told me not to.\" But Dawood did it anyway.</p><p>Tales of thrill-seeking investors appear to be growing against a backdrop of a stock market that is flush with liquidity from central banks across the globe and a prevailing climate of low interest rates that have emboldened investors young and old to carve out paths that might make the likes of Berkshire Hathaway (BRKA)(BRKA) CEO Warren Buffett or Peter Lynch grimace.</p><p>Brokerages, offering zero-commission trades are riding this wave of new investors. Fidelity Investments, for example, said that it added 4.1 million new accounts , according to data from JMP Securities, as stuck-at-home investors used pandemic stimulus funds to make stock bets.</p><p>National Securities chief market strategist Art Hogan said that \"there are literally thousands of stories\" like Dawood's that \"worked out the other way.\"</p><p>\"To me, this is a great sideshow story that really has nothing to do with investing whatsoever, but it's the nature of what's happening now,\" Hogan said.</p><p>The Dow Jones Industrial Average , the S&amp;P 500 index  and the Nasdaq Composite Index  have seen choppy trade in recent weeks, but indexes aren't that far from record highs as investors wrestle with the prospect of higher inflation and a sizzling post-pandemic economy.</p><p>A recent New York Times article made crypto trader Glauber Contessoto  famous, after documenting the 33-year-old's outlandish, leveraged bets on \"meme\" asset dogecoin , which had made him roughly $2 million as of early to mid-May.</p><p>Dogecoin has taken a precipitous drop along with the rest of the crypto complex since then, however.</p><p>See:Individual investors are back--here's what it means for the stock market</p><p>Dawood says that he wants people to know his story because he thinks that too few of his friends and people his age are investing and he believes that saving isn't enough to grow wealth.</p><p>There are a couple of things to know about Dawood's GameStop wager. Had he been as patient with his GME bet as he was with NIO, he would be a millionaire many times over.</p><p>His shares would have been worth $17.5 million had he sold GameStop around the peak in January, and those shares would still be worth around $12 million if he owned them today.</p><p>But he says he sold them at $33 because a paper profit isn't profit at all.</p><p>Despite this, Dawood grew his portfolio to roughly $1.7 million. Nothing to sneeze at, but hardly the money that he could have made.</p><p>Does he have any regrets? \"Of course,\" he said. But he's living with it.</p><p>So what did Dawood do with the proceeds from GameStop?</p><p>He put it back in NIO and that is where it will stay until it hits $100. He's already lost a chunk on that wager. NIO is trading at $37.92 as of Wednesday, or about half of where Dawood originally bought it.</p><p>Meanwhile, he has been supplementing his income by selling covered calls against his investment portfolio. A call is an option that gives the holder the right, but not the obligation, to buy the underlying asset at a specified strike price by a certain time.</p><p>By selling calls, Dawood is effectively betting that the price won't rise above the strike price, while collecting the premium paid by the buyer for the option.</p><p>Check out:How an options-trading frenzy is lifting stocks and stirring fears of a market bubble</p><p>If his stocks rise in value above the strike price, he pays the option buyer the difference between the equity price and the strike price. If the stock falls or doesn't rise enough to hit the exercise price, he keeps the premium paid by the option buyer. He's earned tens of thousands using that strategy so far and has lived off some of that income and invested it in NIO, most recently.</p><p>Dawood is currently on an eight-month unpaid leave from his airline gig as much of the world attempts to emerge from COVID. His expenses are minimal.</p><p>His company pays for his apartment, where he has lived for a number of years and he drives a modest vehicle for a would-be millionaire: a 2011 Ford Figo:</p><p>He said that he plans to end his high-risk parlays once he hits $3 million, at which point he may buy property and purchase something more staid and secure than meme stocks and crypto.</p><p>\"I will tell you that when you contemplate things like that, when you say to yourself 'when I get to this amount, I will stop' or whatever your goal is...you're really just rolling the dice,\" the National Securities' Hogan added.</p><p>\"Congratulations to him for how it's turned out so far...but this isn't investing, it's gambling,\" Hogan said.</p><p>Right now, Dawood isn't blinking, despite NIO's recent slump. \"I believe in NIO,\" he said and plus, \"Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> was too expensive for me,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","GME":"游戏驿站","OGI":"ORGANIGRAM HOLD","TLRY":"Tilray Inc.","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138517320","content_text":"Don't invest like Andrew Dawood -- you may never be as lucky.The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million on a series of white-knuckle bets on bitcoin , Chinese electric-vehicle maker NIO $(NIO)$, and videogame-retailer GameStop Corp. $(GME)$ over a four-year period, he told MarketWatch in an interview.He can technically call himself a millionaire; but, he's risking it all to reach a goal of more than $3 million before 2025.In many ways, Dawood's tale represents the new type of buyer on Wall Street, eager to grow wealth and willing to make outsize wagers in the hope of minting boatloads of money on Wall Street -- even if it imperils the entire bet in the process.Dawood, who works as a flight attendant for one of the world's largest airlines (he declined to identify the company by name), said he saved about $40,000 over four years and invested the entire amount in bitcoin on the Bittrex exchange, among others, at an average price of around $4,200 between Aug. 13 and Aug. 28 of 2017, accumulating 9.71 tokens.MarketWatch looked over trade statements that he shared to confirm his transactions.\"In my mind, if it gets to $5,000 or $6,000, fine, then I will sell it and be more than happy,\" the 31-year-old told MarketWatch.Then mishap struck, he frittered away 3.95 bitcoins by attempting to boost his stake in the digital asset by selling as the price rose in the hope of buying more when it retreated in value.\"But it didn't work. Every time I sold, it just went higher, and I bought again quickly, I kept repeating and thus reduced my bitcoin to 5.76 bitcoin,\" he explained.It turned out to be an error that slashed about $70,000 from his account, at that time.Dawood said that he eventually sold his remaining bitcoin to a man he met through www.localbitcoins.com , a site that matches buyers and sellers of crypto and touts human-to-human transactions.The buyer wanted to wire him the sale proceeds but Dawood felt more comfortable meeting in a public place. Dawood arranged to meet at a nearby Dubai mall.He accepted 370,000 Emirati Dirham , the equivalent of about $100,000 at the time, in exchange for his 5.76 bitcoin.\"I counted the [money] and then deposited [it] in my 2 bank accounts in separate transactions.For most people, this is where the story ends, especially after taking a nearly 4-bitcoin profit in his crypto foray.However, Dawood was itching to find a fresh investment. So he bought 15,500 shares of NIO at $4.64 on Jan. 23, 2020, and another chunk of 6,565 shares at $4.12 days later as the stock slipped, before making a final purchase of 2,055 shares at $12.79 in July.In total, he was holding on to more than 24,000 NIO shares, which cost him a little over $125,000, including an additional $25,000 that he accumulated from winning bets in Organigram Holdings (OGI.T), and Canadian cannabis company Aphria, which was bought by rival Tilray Inc.  in a deal announced earlier this year.Nearly a year after his January 2020 buy, Dawood sold his more than 24,000 shares of NIO in December, bought at an average price of $7.18, at $46.603 for a total of $1.124 million, trading statements reviewed by MarketWatch show.Then, he took the money from his NIO investment and poured the entire sum into GameStop Corp. $(GME.AU)$, purchasing more than 50,500 shares on Dec. 28, 2020 at around $22.\"It's a stupid move, I agree,\" he told MarketWatch. \"And my friends and my family all told me not to.\" But Dawood did it anyway.Tales of thrill-seeking investors appear to be growing against a backdrop of a stock market that is flush with liquidity from central banks across the globe and a prevailing climate of low interest rates that have emboldened investors young and old to carve out paths that might make the likes of Berkshire Hathaway (BRKA)(BRKA) CEO Warren Buffett or Peter Lynch grimace.Brokerages, offering zero-commission trades are riding this wave of new investors. Fidelity Investments, for example, said that it added 4.1 million new accounts , according to data from JMP Securities, as stuck-at-home investors used pandemic stimulus funds to make stock bets.National Securities chief market strategist Art Hogan said that \"there are literally thousands of stories\" like Dawood's that \"worked out the other way.\"\"To me, this is a great sideshow story that really has nothing to do with investing whatsoever, but it's the nature of what's happening now,\" Hogan said.The Dow Jones Industrial Average , the S&P 500 index  and the Nasdaq Composite Index  have seen choppy trade in recent weeks, but indexes aren't that far from record highs as investors wrestle with the prospect of higher inflation and a sizzling post-pandemic economy.A recent New York Times article made crypto trader Glauber Contessoto  famous, after documenting the 33-year-old's outlandish, leveraged bets on \"meme\" asset dogecoin , which had made him roughly $2 million as of early to mid-May.Dogecoin has taken a precipitous drop along with the rest of the crypto complex since then, however.See:Individual investors are back--here's what it means for the stock marketDawood says that he wants people to know his story because he thinks that too few of his friends and people his age are investing and he believes that saving isn't enough to grow wealth.There are a couple of things to know about Dawood's GameStop wager. Had he been as patient with his GME bet as he was with NIO, he would be a millionaire many times over.His shares would have been worth $17.5 million had he sold GameStop around the peak in January, and those shares would still be worth around $12 million if he owned them today.But he says he sold them at $33 because a paper profit isn't profit at all.Despite this, Dawood grew his portfolio to roughly $1.7 million. Nothing to sneeze at, but hardly the money that he could have made.Does he have any regrets? \"Of course,\" he said. But he's living with it.So what did Dawood do with the proceeds from GameStop?He put it back in NIO and that is where it will stay until it hits $100. He's already lost a chunk on that wager. NIO is trading at $37.92 as of Wednesday, or about half of where Dawood originally bought it.Meanwhile, he has been supplementing his income by selling covered calls against his investment portfolio. A call is an option that gives the holder the right, but not the obligation, to buy the underlying asset at a specified strike price by a certain time.By selling calls, Dawood is effectively betting that the price won't rise above the strike price, while collecting the premium paid by the buyer for the option.Check out:How an options-trading frenzy is lifting stocks and stirring fears of a market bubbleIf his stocks rise in value above the strike price, he pays the option buyer the difference between the equity price and the strike price. If the stock falls or doesn't rise enough to hit the exercise price, he keeps the premium paid by the option buyer. He's earned tens of thousands using that strategy so far and has lived off some of that income and invested it in NIO, most recently.Dawood is currently on an eight-month unpaid leave from his airline gig as much of the world attempts to emerge from COVID. His expenses are minimal.His company pays for his apartment, where he has lived for a number of years and he drives a modest vehicle for a would-be millionaire: a 2011 Ford Figo:He said that he plans to end his high-risk parlays once he hits $3 million, at which point he may buy property and purchase something more staid and secure than meme stocks and crypto.\"I will tell you that when you contemplate things like that, when you say to yourself 'when I get to this amount, I will stop' or whatever your goal is...you're really just rolling the dice,\" the National Securities' Hogan added.\"Congratulations to him for how it's turned out so far...but this isn't investing, it's gambling,\" Hogan said.Right now, Dawood isn't blinking, despite NIO's recent slump. \"I believe in NIO,\" he said and plus, \"Tesla Inc. $(TSLA)$ was too expensive for me,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132038854,"gmtCreate":1622043830878,"gmtModify":1634184368983,"author":{"id":"3583346872067671","authorId":"3583346872067671","name":"mightypaul1","avatar":"https://static.tigerbbs.com/45e9b83ea26ca81c4e5e9c879c7ab59f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583346872067671","authorIdStr":"3583346872067671"},"themes":[],"htmlText":"Market in general are bullish.&nbsp;","listText":"Market in general are bullish.&nbsp;","text":"Market in general are bullish.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132038854","repostId":"2138143105","repostType":4,"repost":{"id":"2138143105","kind":"highlight","pubTimestamp":1622042700,"share":"https://www.laohu8.com/m/news/2138143105?lang=&edition=full","pubTime":"2021-05-26 23:25","market":"us","language":"en","title":"Why Shares of Takung Art Are Surging Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2138143105","media":"Motley Fool","summary":"Investors have long speculated the company may one day jump into the nonfungible token (NFT) space.","content":"<h2>What happened</h2><p>Just when it looked like the non-fungible token (NFT) craze might be slowing down, shares of <b>Takung Art</b>&nbsp;(NYSEMKT:TKAT) jumped more than 22%, as of 10:40 a.m. EDT, for no apparent reason other than investor speculation that the company may jump into the NFT space.</p><h2>So what</h2><p>Takung has been a part of a basket of stocks that investors seem to think may enter the NFT space. Takung is not currently in the NFT space yet, but many believe the company could be a prime suspect to get in because it runs an online platform that allows artists, art dealers, and investors to exchange and invest in artwork. This would seem like an ideal platform to begin offering digital art, a large NFT category.</p><p>NFTs are digital files such as art, videos, and audio stored on&nbsp;blockchain, which is the digital ledger technology that powers cryptocurrencies. Some NFTs have already sold for millions of dollars, pushing some companies to begin offering NFTs, and many to believe the asset class has huge potential, not unlike the earlier days of cryptocurrencies.</p><h2>Now what</h2><p>Although it is just speculation, it is possible that Takung eventually jumps into the NFT space, given the demand from investors. Another stock long rumored to be an NFT candidate, <b>Hall of Fame Resort &amp; Entertainment</b>, eventually did make the move, which led to shares skyrocketing.</p><p>Regardless, I still would not invest in Takung based on NFT speculation alone. NFTs are a new asset class and still very volatile. It is unclear how much worth, if any, NFTs will have in the future.</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>Why Shares of Takung Art Are Surging Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Shares of Takung Art Are Surging Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/26/why-shares-of-takung-art-are-surging-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedJust when it looked like the non-fungible token (NFT) craze might be slowing down, shares of Takung Art (NYSEMKT:TKAT) jumped more than 22%, as of 10:40 a.m. EDT, for no apparent reason ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/why-shares-of-takung-art-are-surging-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/26/why-shares-of-takung-art-are-surging-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138143105","content_text":"What happenedJust when it looked like the non-fungible token (NFT) craze might be slowing down, shares of Takung Art (NYSEMKT:TKAT) jumped more than 22%, as of 10:40 a.m. EDT, for no apparent reason other than investor speculation that the company may jump into the NFT space.So whatTakung has been a part of a basket of stocks that investors seem to think may enter the NFT space. Takung is not currently in the NFT space yet, but many believe the company could be a prime suspect to get in because it runs an online platform that allows artists, art dealers, and investors to exchange and invest in artwork. This would seem like an ideal platform to begin offering digital art, a large NFT category.NFTs are digital files such as art, videos, and audio stored on blockchain, which is the digital ledger technology that powers cryptocurrencies. Some NFTs have already sold for millions of dollars, pushing some companies to begin offering NFTs, and many to believe the asset class has huge potential, not unlike the earlier days of cryptocurrencies.Now whatAlthough it is just speculation, it is possible that Takung eventually jumps into the NFT space, given the demand from investors. Another stock long rumored to be an NFT candidate, Hall of Fame Resort & Entertainment, eventually did make the move, which led to shares skyrocketing.Regardless, I still would not invest in Takung based on NFT speculation alone. NFTs are a new asset class and still very volatile. 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