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Kukudosmin
2021-07-30
😞.. hopefully this stock market will go up larer
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Kukudosmin
2021-07-20
Buy
Economic Data Scheduled For Tuesday
Kukudosmin
2021-07-19
Noted
Faux fish looks to ride the growing wave of alternative meats
Kukudosmin
2021-07-19
👍
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Kukudosmin
2021-07-18
Ok
Gilead Says Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir
Kukudosmin
2021-07-18
Noted
The story behind the savvy ‘Mystery Broker’ and where he sees the market going now
Kukudosmin
2021-07-17
Buy
Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands
Kukudosmin
2021-07-15
Buy
S&P 500 ends higher after Powell lulls market
Kukudosmin
2021-07-13
Ok
Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year
Kukudosmin
2021-07-13
Good 👍
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Kukudosmin
2021-07-12
Buy
BMO says buy Chevron as oil giant will hike dividend and resume buybacks
Kukudosmin
2021-07-12
Thanks for sharing
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Kukudosmin
2021-07-12
Buy
Virgin Galactic And Irrational Exuberance
Kukudosmin
2021-07-10
Buy
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Kukudosmin
2021-07-10
Buy
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Kukudosmin
2021-07-08
Ok
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Kukudosmin
2021-07-08
Ok
States Target Google Play Store Practices in Antitrust Suit
Kukudosmin
2021-07-08
Buy
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A 1.590 million annual","content":"<ul>\n <li>Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual is projected for starts in June up from May's 1.572 million rate. Analysts expect permits at 1.700 million in June compared to 1.683 million a month ago.</li>\n <li>The Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.</li>\n</ul>","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>Economic Data Scheduled For Tuesday</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\">\nEconomic Data Scheduled For Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-20 16:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual is projected for starts in June up from May's 1.572 million rate. Analysts expect permits at 1.700 million in June compared to 1.683 million a month ago.</li>\n <li>The Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117620888","content_text":"Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual is projected for starts in June up from May's 1.572 million rate. Analysts expect permits at 1.700 million in June compared to 1.683 million a month ago.\nThe Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173293727,"gmtCreate":1626660623869,"gmtModify":1633925154372,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Noted ","listText":"Noted ","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173293727","repostId":"1156209584","repostType":4,"repost":{"id":"1156209584","pubTimestamp":1626569753,"share":"https://www.laohu8.com/m/news/1156209584?lang=&edition=full","pubTime":"2021-07-18 08:55","market":"us","language":"en","title":"Faux fish looks to ride the growing wave of alternative meats","url":"https://stock-news.laohu8.com/highlight/detail?id=1156209584","media":"CNBC","summary":"Faux fish is angling to be the next big thing in alternative protein.\nAlt-meat has skyrocketed in po","content":"<div>\n<p>Faux fish is angling to be the next big thing in alternative protein.\nAlt-meat has skyrocketed in popularity in recent years as consumers have started to change what they eat for a variety of reasons,...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/faux-fish-looks-to-ride-the-growing-wave-of-alternative-meats.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>Faux fish looks to ride the growing wave of alternative meats</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\">\nFaux fish looks to ride the growing wave of alternative meats\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:55 GMT+8 <a href=https://www.cnbc.com/2021/07/17/faux-fish-looks-to-ride-the-growing-wave-of-alternative-meats.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Faux fish is angling to be the next big thing in alternative protein.\nAlt-meat has skyrocketed in popularity in recent years as consumers have started to change what they eat for a variety of reasons,...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/faux-fish-looks-to-ride-the-growing-wave-of-alternative-meats.html\">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.cnbc.com/2021/07/17/faux-fish-looks-to-ride-the-growing-wave-of-alternative-meats.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156209584","content_text":"Faux fish is angling to be the next big thing in alternative protein.\nAlt-meat has skyrocketed in popularity in recent years as consumers have started to change what they eat for a variety of reasons, ranging from concerns over climate change and sustainability to animal welfare and personal health benefits.\nThat has led to a proliferation of products from companies like Impossible Foods andBeyond Meat across grocery stores and restaurants while traditional meat companies likeTyson Foods, Perdue Farms andHormelare launching new entrants in the category.\nU.S. retail sales of plant-based foods grew 27% in 2020, bringing the total market to roughly $7 billion, according to data from the Plant-Based Foods Association (PBFA) and the Good Food Institute (GFI). The global market is forecasted to grow to $450 billion by 2040, according to consulting firm Kearney, which would represent roughly a quarter of the broader $1.8 trillion meat market.\nThemarket for plant-based productshas largely been driven by faux milk and meat, which make up 35% and 20%, respectively, of the total sales in the category, according to GFI. Plant-based meat sales grew 45% to $1.4 billon in 2020, while plant-based milk sales grew 20% to $2.5 billion.\nThe market for plant-based fish, on the other hand, has been slower to develop. While U.S. sales grew 23% in 2020, it only accounted for $12 million, according to GFI and PBFA. That represents 0.1% of the entire U.S. seafood market, compared to sales of plant-based meat making up 1.4% of U.S. meat sales.\n“Conventional seafood really has a health halo around it; it’s seen as a very healthy food that doctors often tell patients to consume more of,” Marika Azoff, corporate engagement specialist at GFI, said as to why alternative fish products may have lagged behind. “The environmental impacts aren’t as straightforward as they are with beef and dairy – they are a little bit more complex and kind of harder for the general public to grasp.”\nInvesting in faux fish\nHowever, several companies are looking to change that in an attempt to take a piece of the more than $15 billion U.S. seafood market.\nThere were 83 companies globally producing alternative seafood products as of June 2021, according to GFI, with 65 of them focusing on plant-based products. In comparison, there were only 29 companies producing alternative seafood products in 2017.\nIn 2020, more than $80 million was invested in alternative seafood companies — four times the amount invested in 2019, according to GFI.\nBlueNalu’s whole-muscle, cell-based yellowtail amberjack.Source: BlueNalu\nGathered Foods, which produces plant-based seafood brand Good Catch, raised a $32 million Series B funding round in January 2020 from investors including Lightlife Foods parent company Greenleaf Foods and 301 Inc., the venture arm ofGeneral Mills.\nBlueNalu, which is focused on cultured seafood, or fish produced directly from cells,raised $60 million in convertible note financingin January 2021, a record deal for an alternative seafood company.\nTo date, the two giants of alternative meat products have not yet made an entry in alternative fish. Impossible Foods said in 2019 that it was working on a plant-based fish recipe, but it has yet to release any products. Beyond Meat has previously stated it was focused on beef, poultry and pork.\n“There’s no reason that alterative seafood can’t or won’t catch up to the other types of alternative proteins,” said Azoff. “There is not a dominate company in plant-based seafood the way the meat and dairy categories have, but we’re seeing potential for that to change soon.”\nTraditional seafood companies are also making their own investments in alternative fish.\nIn September 2020, Nestlé launched Vuna, a plant-based tuna alternative that is the company’s first foray into plant-based seafood, citing statistics that 90% of global fish stocks are now depleted or close to depletion.\nThai Union Group, which owns brands like Chicken of the Sea, said it will launch a plant-based shrimp product by the end of this year, joining its other plant-based fish and crab products already available.\nTyson Ventures, the venture capital arm of Tyson Foods, invested in plant-based shellfish company New Wave Foods in September 2019, and joined its $18 million Series A funding round that closed in January. Bumble Bee Foods signed a joint venture with Good Catch in March 2020.\nGrowing concerns about the fishing industry\nVirginia-based Van Cleve Seafood Company, which sold traditional seafood for more than 20 years, started solely producing plant-based seafood products under the label The Plant Based Seafood Co., citing issues with the fishing industry such as child labor, overfishing and mislabeling.\n“We wanted to do something about it, and we thought if not us, then who?” Plant Based Seafood Co. chief executive officer Monica Talberttold CNBC’s Kate Rogers. “That’s when we made the decision, we were going to do something that would create change.”\nThe Plant Based Seafood Co. has products like crab cakes made from artichokes, and scallops and shrimp made from vegetable root starch, all of which are sold out online.\nConcerns about the fishing industry, further highlighted in the recent Netflix documentary “Seaspriacy” that advocates for the end of fish consumption, is viewed as a driver for consumers to switch to plant-based products. A poll of 2,500 Americans from Kelton Global found that reducing plastic waste in the ocean, saving ocean habitats and reducing harm towards marine animals would be reasons consumers would buy plant-based fish over wild-caught fish.\nGavin Gibbons, vice president of communications at the National Fisheries Institute, a trade group representing the fishing industry, said that the organization and its member companies view plant-based products a as “very likely part of the future of feeding a growing planet.”\n“They’re technologically impressive and can and should be able to coexist with real seafood, as long as they’re labeled accurately,” Gibbons said, noting that some of NFI’s member companies have made investments into alternative seafood.\nHowever, Gibbons said, presenting alternative seafood as either nutritionally superior to real fish or better for sustainability reasons would be wrong in his view.\n“The USDA’s Dietary Guidelines for Americans highlight that consumers don’t eat nearly enough seafood and it is unarguably the healthiest animal protein on the planet,” he said. “Few public health professionals would recommend imitation seafood over the real thing. They might make that recommendation for other products but not seafood. From that perspective these plant-based amalgams aren’t really alternatives they’re simply imitations.”\nGibbons said that 51% of the seafood consumers eat is farmed and about 75% of commercially important marine fish stocks, as stated and monitored by the Food and Agriculture Organization of the United Nations, are fished within biologically sustainable levels.\n“There’s a lot of hyperbole associated with claims about empty oceans and if that’s being used to market imitation products then it’s disingenuous,” Gibbons said.\nThere is one big obstacle that could stand in the way of fake fish: taste.\nWhile 43% of respondents to that Kelton poll said they would consider purchasing alternative seafood in the future and most cited flavor as the most important factor in driving consumption, 38% said they anticipate disliking the taste of alternative fish and 27% said they anticipate disliking the texture. Twenty-seven percent said they have never seen plant-based seafood at a grocery store.\n“First and foremost, consumers are going to purchase alternative seafood if it tastes good,” Azoff said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173290287,"gmtCreate":1626660498149,"gmtModify":1633925156417,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"👍 ","listText":"👍 ","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173290287","repostId":"2152687069","repostType":4,"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173339540,"gmtCreate":1626614006480,"gmtModify":1633925493968,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173339540","repostId":"2152894306","repostType":4,"repost":{"id":"2152894306","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1626517346,"share":"https://www.laohu8.com/m/news/2152894306?lang=&edition=full","pubTime":"2021-07-17 18:22","market":"us","language":"en","title":"Gilead Says Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir","url":"https://stock-news.laohu8.com/highlight/detail?id=2152894306","media":"T-Reuters","summary":"Gilead Sciences Inc:Gilead Sciences Inc - New Phase 3 Data Support Sustained, Long-Acting Efficacy O","content":"<p>Gilead Sciences Inc:Gilead Sciences Inc - New Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir, Gilead'S Investigational Hiv-1 Capsid Inhibitor.Gilead Sciences Inc - Lenacapavir Was Generally Well Tolerated, With No Adverse Events.Gilead Sciences Inc - Week 26 Data From Capella Trial Show Lenacapavir Leads To High Rates Of Virologic Suppression.</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>Gilead Says Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir</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\">\nGilead Says Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-07-17 18:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Gilead Sciences Inc:Gilead Sciences Inc - New Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir, Gilead'S Investigational Hiv-1 Capsid Inhibitor.Gilead Sciences Inc - Lenacapavir Was Generally Well Tolerated, With No Adverse Events.Gilead Sciences Inc - Week 26 Data From Capella Trial Show Lenacapavir Leads To High Rates Of Virologic Suppression.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LHDX":"Lucira Health, Inc.","CGEM":"Cullinan Therapeutics","APR":"Apria, Inc.","LABP":"Landos Biopharma, Inc.","SANA":"Sana Biotechnology, Inc.","GILD":"吉利德科学"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152894306","content_text":"Gilead Sciences Inc:Gilead Sciences Inc - New Phase 3 Data Support Sustained, Long-Acting Efficacy Of Lenacapavir, Gilead'S Investigational Hiv-1 Capsid Inhibitor.Gilead Sciences Inc - Lenacapavir Was Generally Well Tolerated, With No Adverse Events.Gilead Sciences Inc - Week 26 Data From Capella Trial Show Lenacapavir Leads To High Rates Of Virologic Suppression.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173330575,"gmtCreate":1626613894297,"gmtModify":1633925494530,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Noted ","listText":"Noted ","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173330575","repostId":"1123523681","repostType":4,"repost":{"id":"1123523681","pubTimestamp":1626569903,"share":"https://www.laohu8.com/m/news/1123523681?lang=&edition=full","pubTime":"2021-07-18 08:58","market":"us","language":"en","title":"The story behind the savvy ‘Mystery Broker’ and where he sees the market going now","url":"https://stock-news.laohu8.com/highlight/detail?id=1123523681","media":"CNBC","summary":"“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column","content":"<div>\n<p>“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.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>The story behind the savvy ‘Mystery Broker’ and where he sees the market going now</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; 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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\">\nThe story behind the savvy ‘Mystery Broker’ and where he sees the market going now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:58 GMT+8 <a href=https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html\">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.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123523681","content_text":"“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial advisor who has come to be known in print and on Twitter as the Mystery Broker, whose market color and investment calls I share on the irregular frequency with which he sends them.\nHis predictions don’t always prove prescient, but he has been more right than wrong, with a particularly impressive record of bold calls around market bottoms and ahead of corrections.\nAs noted in that first writeup in Barron’s in December 2009: “This particular guy is unique in at least two respects. He has no interest in having his name placed in print or pixels. And he is the one commentator I’m aware of who both turned aggressively bearish virtually at the all-time market peak in 2007, then in April began insisting that the March market lows would not be challenged, and that a new cyclical bull market had a long way to run.”\nThis broker’s dispatch to me in April 2009 — just weeks after the ultimate low of a wrenching 18-month bear market and terrifying global credit crisis — was a 12-page single-spaced argument that the financial crisis was over. This was far from the consensus at the time. A November 2007 piece had called for a brutal bear market, a month after the S&P 500 hit a peak it wouldn’t revisit until 2013 and before most investors even had a bear market on their radar.\nThe intention of airing his views was not to create some gimmick or generate cheap intrigue, but simply to offer the well-grounded thoughts of professional free of institutional constraints or the need to sell investment products.\nBut it did capture readers’ attention and imagination, to the point that requests for updates of the Mystery Broker’s market take come constantly. I continue it strictly because so many readers and viewers have followed his work for years and like to keep up\nAnd, yes, the whole exercise drives some people nuts, whether they think it’s irresponsible (which makes no sense, he gets no benefit and doesn’t hype small stocks that could move in his favor) or insist it’s a fictional alter ego (untrue).\nMystery Broker’s approach\nHe became a broker in the mid-’80s. While there’s long been a guessing game about MB’s identity, he is not someone who’s name anyone would know, he doesn’t otherwise comment publicly on investments.\nAs noted back in 2009: “He doesn’t claim any magic formulas or proprietary systems. His approach is eclectic and inclusive, ranging among economic, technical, historical, valuation and sentiment inputs.” He’ll cite Marty Zweig, Ned Davis and the Value Line Appreciation Potential indicators – fairly old-school inspirations – but doesn’t seem rigidly attached to any one model or style.\nI almost never solicit Mystery Broker’s take, preferring he check in only when it strikes him, often when he changes his market stance or is moved to reiterate his conviction in a prior call. Aside from the broad market commentary, he’ll sometimes make the case for or against individual stocks. He loved wells Fargo to start 2021, as well as GE, for instance.\nMystery Broker sometimes goes deep on a controversial emerging biotech name, the sort of thing I tend not to pass along. He was put off by CNBC’s heavy coverage of the “meme stocks” early this year and let me know it. He and I both have strong views on baseball, which we exchange via email. We’ve never met.\nHow he navigated the pandemic\nIn the past few months, Mystery Broker has been cautious on stocks and has missed a bit of upside. Specifically, he went to a sell (which tends to mean raising cash for clients and himself and hedging equity holdings with index puts) at the close on April 16, with the S&P 500 at 4185. The index went sideways for two months, then lifted to last week’s record up almost 5% from where he called for a correction.\nStill, he’s playing with a lot of house money, having been deftly bullish into the teeth of the March 2020 Covid crash. (He was negative on the market from January last year, though not because he expected either a pandemic or a crash).\nThe individual calls are viewable at the #MysteryBroker hashtag on Twitter, but to cite a few examples: He thought the March 4, 2020, low in the S&P 500 near 2900 would hold; it absolutely didn’t, plunging to about 2200 by the 23rd. But on March 26 he said the bottom was in, and within a month the S&P had recovered back to 2900.\nThen, this in mid-April 2020: He would normally look for a retest of the major low, but not then: ”“Because for the first time in stock market history the consensus is for a retest, a normal retest is not likely to happen.”\nThis was right, as was his preference for riskier cyclical stocks and his update June of last year: “We are in a new bull market...every correction should be bought...every time S&P 500 falls below its 50-day moving average is an extraordinary buying opportunity.”\nS&P 500 with 50-day moving averageFactSet\nAfter that and before predicting a correction three months ago that has yet to occur, he pegged the peak in FAANMG days before they topped last Sept. 1; said in late December the market had “entered the last hurrah for growth and speculative stocks” that would pressure the overall market but not necessarily drive across-the-board losses; and predicted bitcoin would peak coincident with the Coinbase listing (it did). Not perfect, but not bad.\nHis current outlook\nHis is not a system, but a weight-of-the-evidence approach pursued with an open mind and a feel for market cadences earned over more than three decades of economic cycles.\nFollowing up onhis latest update this week, I asked for a broader take on historical echoes and longer-term probabilities. Mystery Broker offers this:\n“I think the current recovery is most similar to the recovery in 2003-04. A big transition from hyper-growth to value. Also, valuations are already high after only one year of stock market and economic growth similar to 2003-4, although more extreme now. ” He expects “muted returns for the rest of decade similar to the low returns of the first decade of the 2000s. See leadership from industrials, healthcare and to some degree financials.”\n“Don’t expect technology to be a big outperformer and semiconductors will be a disappointment especially equipment semis that have benefitted from a few big trends over the last few years. Value, foreign stocks (expect dollar to fall over the next few years) and equal-weighted indices will outperform. Inflation and interest rates will slowly rise which is different from the last decade.\n“The big surprise will be how old industries adapt to new technology and fight off some of the hot new entries. There will be a lot of rebounds similar to how the New York Times came back from the dead last decade.”\nI also asked if he’s interested in being identified. The answer: not now, but maybe soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179365390,"gmtCreate":1626487294310,"gmtModify":1633926331046,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179365390","repostId":"2151507804","repostType":4,"repost":{"id":"2151507804","pubTimestamp":1626443835,"share":"https://www.laohu8.com/m/news/2151507804?lang=&edition=full","pubTime":"2021-07-16 21:57","market":"us","language":"en","title":"Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands","url":"https://stock-news.laohu8.com/highlight/detail?id=2151507804","media":"Reuters","summary":"MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio","content":"<p>MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.</p>\n<p>The mobile and broadband operator said that Nokia and Ericsson would share usage of the frequency bands equally until 2026, but without any changes to each network's geographical distribution.</p>\n<p>Telefonica said the move would allow it to focus on improving its standalone 5G offering.</p>\n<p>\"It's a long-term contract, which is the most appropriate scenario for Telefonica as it maintains 4G providers in place and gives us stability to roll out and develop 5G,\" Telefonica's head of Operations and Network Joaquin Mata said in a statement.</p>\n<p>\"In 5G, all the providers have demonstrated they're supremely prepared... and we feel very comfortable having the best technological partners.\"</p>\n<p>The 700MHz band will be up for grabs before the 21st July, in a twice-delayed auction in which operators <a href=\"https://laohu8.com/S/ORAN\">Orange</a>, Telefonica, and Vodafone have all expressed interest.</p>\n<p>The contracts include the possibility of the Scandinavian operators expanding current 4G services or migrating to 5G depending on their needs.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands</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\">\nTelefonica awards Nokia and Ericsson equal use of its Spanish 5G bands\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 21:57 GMT+8 <a href=https://finance.yahoo.com/news/telefonica-awards-nokia-ericsson-equal-133315377.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.\nThe mobile and broadband ...</p>\n\n<a href=\"https://finance.yahoo.com/news/telefonica-awards-nokia-ericsson-equal-133315377.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ERIC":"爱立信","NOK":"诺基亚","TEF":"西班牙电信"},"source_url":"https://finance.yahoo.com/news/telefonica-awards-nokia-ericsson-equal-133315377.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151507804","content_text":"MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.\nThe mobile and broadband operator said that Nokia and Ericsson would share usage of the frequency bands equally until 2026, but without any changes to each network's geographical distribution.\nTelefonica said the move would allow it to focus on improving its standalone 5G offering.\n\"It's a long-term contract, which is the most appropriate scenario for Telefonica as it maintains 4G providers in place and gives us stability to roll out and develop 5G,\" Telefonica's head of Operations and Network Joaquin Mata said in a statement.\n\"In 5G, all the providers have demonstrated they're supremely prepared... and we feel very comfortable having the best technological partners.\"\nThe 700MHz band will be up for grabs before the 21st July, in a twice-delayed auction in which operators Orange, Telefonica, and Vodafone have all expressed interest.\nThe contracts include the possibility of the Scandinavian operators expanding current 4G services or migrating to 5G depending on their needs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147990362,"gmtCreate":1626324745856,"gmtModify":1633927838639,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147990362","repostId":"2151548988","repostType":4,"repost":{"id":"2151548988","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626292832,"share":"https://www.laohu8.com/m/news/2151548988?lang=&edition=full","pubTime":"2021-07-15 04:00","market":"us","language":"en","title":"S&P 500 ends higher after Powell lulls market","url":"https://stock-news.laohu8.com/highlight/detail?id=2151548988","media":"Reuters","summary":"Powell says economy 'a ways off' from bond taper.BofA slips as low interest rates hurt lending business.July 14 - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.Of the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.U.S. monetary policy will offer \"powerful support\" to the econ","content":"<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)</p>\n<ul>\n <li>Powell says economy 'a ways off' from bond taper.</li>\n <li>BofA slips as low interest rates hurt lending business.</li>\n <li>American Airlines up on positive forecast.</li>\n</ul>\n<p>July 14 (Reuters) - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.</p>\n<p>Of the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.</p>\n<p>U.S. monetary policy will offer \"powerful support\" to the economy \"until the recovery is complete,\" Powell told a congressional hearing in remarks that portrayed a recent jump in inflation as temporary and focused on the need for continued job growth.</p>\n<p>Powell's comments followed data this week showing U.S. producer prices increased more than expected in June and U.S. consumer prices rose by the most in 13 years.</p>\n<p>Investors in recent weeks have focused on inflation, with many fearing a possible hawkish shift by the Federal Reserve, as well as a spike in coronavirus infections that could knock U.S. equities off record highs.</p>\n<p>With banks kicking off second-quarter earnings season this week, analysts expect 66% growth in earnings per share for S&P 500 companies, according to IBES estimate data from Refinitiv.</p>\n<p>The S&P 500 is up about 16% so far this year, leading many investors to worry that the stock market rally may run out of steam, and they are looking to earnings to potentially provide more fuel.</p>\n<p>\"Everyone knows earnings are going to be very strong. The question is how the market reacts to those earnings, and what are the outlooks given by management. That is more critical than anything,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p>\n<p>Apple Inc hit a record high after Bloomberg reported that the company wants suppliers to increase production of its upcoming iPhone by about 20%.</p>\n<p>Microsoft also hit a record high after saying it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.</p>\n<p>Microsoft and Apple supported the S&P 500 more than any other stocks.</p>\n<p>$Bank of America Corp(BAC-N)$ dropped after the lender posted its quarterly results and detailed its sensitivity to low interest rates</p>\n<p>Wells Fargo rose after it swung to a profit in the second quarter, smashing Wall Street expectations. Citigroup</p>\n<p>fell after comfortably beat market estimates for second-quarter profits.</p>\n<p>Those reports followed strong results on Tuesday from JPMorgan Chase & Co and Goldman Sachs Group Inc .</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 0.12% to end at 34,930.34 points, while the S&P 500 gained 0.10% to 4,373.55.</p>\n<p>The Nasdaq Composite dropped 0.26% to 14,639.60.</p>\n<p>American Airlines rallied after it forecast positive cash flow.</p>\n<p>Lululemon Athletica jumped after Goldman Sachs called the yoga pants seller a \"top idea\" as apparel makers benefit from the economic reopening.</p>\n<p>(Reporting by Noel Randewich; Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)</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>S&P 500 ends higher after Powell lulls market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 ends higher after Powell lulls market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-15 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)</p>\n<ul>\n <li>Powell says economy 'a ways off' from bond taper.</li>\n <li>BofA slips as low interest rates hurt lending business.</li>\n <li>American Airlines up on positive forecast.</li>\n</ul>\n<p>July 14 (Reuters) - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.</p>\n<p>Of the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.</p>\n<p>U.S. monetary policy will offer \"powerful support\" to the economy \"until the recovery is complete,\" Powell told a congressional hearing in remarks that portrayed a recent jump in inflation as temporary and focused on the need for continued job growth.</p>\n<p>Powell's comments followed data this week showing U.S. producer prices increased more than expected in June and U.S. consumer prices rose by the most in 13 years.</p>\n<p>Investors in recent weeks have focused on inflation, with many fearing a possible hawkish shift by the Federal Reserve, as well as a spike in coronavirus infections that could knock U.S. equities off record highs.</p>\n<p>With banks kicking off second-quarter earnings season this week, analysts expect 66% growth in earnings per share for S&P 500 companies, according to IBES estimate data from Refinitiv.</p>\n<p>The S&P 500 is up about 16% so far this year, leading many investors to worry that the stock market rally may run out of steam, and they are looking to earnings to potentially provide more fuel.</p>\n<p>\"Everyone knows earnings are going to be very strong. The question is how the market reacts to those earnings, and what are the outlooks given by management. That is more critical than anything,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p>\n<p>Apple Inc hit a record high after Bloomberg reported that the company wants suppliers to increase production of its upcoming iPhone by about 20%.</p>\n<p>Microsoft also hit a record high after saying it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.</p>\n<p>Microsoft and Apple supported the S&P 500 more than any other stocks.</p>\n<p>$Bank of America Corp(BAC-N)$ dropped after the lender posted its quarterly results and detailed its sensitivity to low interest rates</p>\n<p>Wells Fargo rose after it swung to a profit in the second quarter, smashing Wall Street expectations. Citigroup</p>\n<p>fell after comfortably beat market estimates for second-quarter profits.</p>\n<p>Those reports followed strong results on Tuesday from JPMorgan Chase & Co and Goldman Sachs Group Inc .</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 0.12% to end at 34,930.34 points, while the S&P 500 gained 0.10% to 4,373.55.</p>\n<p>The Nasdaq Composite dropped 0.26% to 14,639.60.</p>\n<p>American Airlines rallied after it forecast positive cash flow.</p>\n<p>Lululemon Athletica jumped after Goldman Sachs called the yoga pants seller a \"top idea\" as apparel makers benefit from the economic reopening.</p>\n<p>(Reporting by Noel Randewich; Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","POWL":"Powell Industries",".DJI":"道琼斯","SPY":"标普500ETF","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","OEF":"标普100指数ETF-iShares","OEX":"标普100","IVV":"标普500指数ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151548988","content_text":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)\n\nPowell says economy 'a ways off' from bond taper.\nBofA slips as low interest rates hurt lending business.\nAmerican Airlines up on positive forecast.\n\nJuly 14 (Reuters) - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome Powell.\nOf the 11 S&P 500 sector indexes, utilities and consumer staples were among the strongest, while energy sank over 3%.\nU.S. monetary policy will offer \"powerful support\" to the economy \"until the recovery is complete,\" Powell told a congressional hearing in remarks that portrayed a recent jump in inflation as temporary and focused on the need for continued job growth.\nPowell's comments followed data this week showing U.S. producer prices increased more than expected in June and U.S. consumer prices rose by the most in 13 years.\nInvestors in recent weeks have focused on inflation, with many fearing a possible hawkish shift by the Federal Reserve, as well as a spike in coronavirus infections that could knock U.S. equities off record highs.\nWith banks kicking off second-quarter earnings season this week, analysts expect 66% growth in earnings per share for S&P 500 companies, according to IBES estimate data from Refinitiv.\nThe S&P 500 is up about 16% so far this year, leading many investors to worry that the stock market rally may run out of steam, and they are looking to earnings to potentially provide more fuel.\n\"Everyone knows earnings are going to be very strong. The question is how the market reacts to those earnings, and what are the outlooks given by management. That is more critical than anything,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.\nApple Inc hit a record high after Bloomberg reported that the company wants suppliers to increase production of its upcoming iPhone by about 20%.\nMicrosoft also hit a record high after saying it will offer its Windows operating system as a cloud-based service, aiming to make it easier to access business apps that need Windows from a broader range of devices.\nMicrosoft and Apple supported the S&P 500 more than any other stocks.\n$Bank of America Corp(BAC-N)$ dropped after the lender posted its quarterly results and detailed its sensitivity to low interest rates\nWells Fargo rose after it swung to a profit in the second quarter, smashing Wall Street expectations. Citigroup\nfell after comfortably beat market estimates for second-quarter profits.\nThose reports followed strong results on Tuesday from JPMorgan Chase & Co and Goldman Sachs Group Inc .\nUnofficially, the Dow Jones Industrial Average rose 0.12% to end at 34,930.34 points, while the S&P 500 gained 0.10% to 4,373.55.\nThe Nasdaq Composite dropped 0.26% to 14,639.60.\nAmerican Airlines rallied after it forecast positive cash flow.\nLululemon Athletica jumped after Goldman Sachs called the yoga pants seller a \"top idea\" as apparel makers benefit from the economic reopening.\n(Reporting by Noel Randewich; Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142240754,"gmtCreate":1626156012478,"gmtModify":1633929552677,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142240754","repostId":"1161408787","repostType":4,"repost":{"id":"1161408787","pubTimestamp":1626147401,"share":"https://www.laohu8.com/m/news/1161408787?lang=&edition=full","pubTime":"2021-07-13 11:36","market":"us","language":"en","title":"Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408787","media":"zerohedge","summary":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan exec","content":"<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.</p>\n<p>We won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”</p>\n<p>Perhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.</p>\n<p>Of course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.</p>\n<p>The reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),<b>\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover. This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.</b></p>\n<p><img src=\"https://static.tigerbbs.com/ce30e31759284bfbf1d8923cb4149bfc\" tg-width=\"725\" tg-height=\"534\"></p>\n<p>Another way of putting it:<b>an asset with a $600 billion market cap has a float of just $30 billion.</b>Which is remarkable as it means that<b>no whales</b>sold bitcoin when it hit its all time high of $65,000.<b>And if they didn't sell then, they certainly won't sell now when it's half that price.</b></p>\n<p>This, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.</p>\n<p>The question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.</p>\n<p>Which means that we are now in the<i>\"weak hands\" shake out and whale accumulation</i>phase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.</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>Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year</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\">\nJust 5% Of All Bitcoins In Circulation Have Traded In The Past Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 11:36 GMT+8 <a href=https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year\">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.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408787","content_text":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.\nWe won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”\nPerhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.\nOf course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.\nThe reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover. This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.\n\nAnother way of putting it:an asset with a $600 billion market cap has a float of just $30 billion.Which is remarkable as it means thatno whalessold bitcoin when it hit its all time high of $65,000.And if they didn't sell then, they certainly won't sell now when it's half that price.\nThis, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.\nThe question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.\nWhich means that we are now in the\"weak hands\" shake out and whale accumulationphase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142254305,"gmtCreate":1626155845307,"gmtModify":1633929554289,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Good 👍 ","listText":"Good 👍 ","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142254305","repostId":"1128924095","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146510243,"gmtCreate":1626090042582,"gmtModify":1633930273903,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146510243","repostId":"1127514414","repostType":4,"repost":{"id":"1127514414","pubTimestamp":1626089490,"share":"https://www.laohu8.com/m/news/1127514414?lang=&edition=full","pubTime":"2021-07-12 19:31","market":"us","language":"en","title":"BMO says buy Chevron as oil giant will hike dividend and resume buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1127514414","media":"CNBC","summary":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart be","content":"<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.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>BMO says buy Chevron as oil giant will hike dividend and resume buybacks</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; 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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\">\nBMO says buy Chevron as oil giant will hike dividend and resume buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 19:31 GMT+8 <a href=https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1127514414","content_text":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with an outperform rating, saying in a note to clients on Monday that Chevron was poised to generate a ton of cash over the next 18 months and the shares look undervalued.\n“We expect Chevron to achieve 2021 and 2022 [cash flow from operations] of $27.1Bn and $33.5Bn, which equate to [free cash flow] of $17.9Bn and $22.6Bn. ... Over the past six months, Chevron shares have lagged other upstream producers despite having similar cash flow leverage to higher oil prices,” the note said.\nThat extra cash will likely be distributed to shareholders, Jungwirth wrote.\n“We think Chevron is in a strong position to increase shareholder returns and assume 5% dividend growth and a resumption of $2.4Bn in share buybacks beginning 2022+,” the note said. The company suspended buybacks in March 2020 due to the pandemic.\nThe stock has gained 23% year to date, which is outpacing the broader market but lagging the oil and gas industry.\nBMO set a price target of $123 per share for Chevron. That is 18% above where the stock closed on Friday.\nJungwirth also initiated coverage of Exxon Mobilon Monday, rating the stock as market perform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146886208,"gmtCreate":1626066362704,"gmtModify":1633930460783,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Thanks for sharing ","listText":"Thanks for sharing ","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146886208","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146883398,"gmtCreate":1626066131514,"gmtModify":1633930463124,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146883398","repostId":"1143980547","repostType":4,"repost":{"id":"1143980547","pubTimestamp":1626060038,"share":"https://www.laohu8.com/m/news/1143980547?lang=&edition=full","pubTime":"2021-07-12 11:20","market":"us","language":"en","title":"Virgin Galactic And Irrational Exuberance","url":"https://stock-news.laohu8.com/highlight/detail?id=1143980547","media":"seekingalpha","summary":"Summary\n\nWe tried to determine what the financial performance of the company should be in order for ","content":"<p><b>Summary</b></p>\n<ul>\n <li>We tried to determine what the financial performance of the company should be in order for the current price to look fair.</li>\n <li>For the price to be fair, FCFF in 2022 should be $35 million and grow at CAGR of 350%. Revenue should be $110 billion by 2027.</li>\n <li>The current and expected market capacity does not allow the company to demonstrate such financial performance.</li>\n <li>In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.</li>\n <li>The market can remain irrational longer than you can remain solvent, so we do not short, we only watch the company from the sideline.</li>\n</ul>\n<blockquote>\n The Markets Can Remain Irrational Longer Than You Can Remain Solvent. - John Maynard Keynes\n</blockquote>\n<p><b>Thesis</b></p>\n<p>Could a German fugitive who tried to cross the Jornada del Muerto in the dry season of 1670 imagine that a few hundred years later, next to his vulture-torn remains, an eccentric British billionaire would be paving the way into the world of space tourism? Hardly. Thanks to human genius and the free market, we are living in an amazing time. And do not underestimate the role of the latter.</p>\n<p>The financial industry is like a circulatory system for a market organism. Driven by human greed, it distributes resources from old established industries to the most promising sectors of the new economy. It was like this before, and so it is now. The reason why investors are ready to abandon investments in a profitable established company in favor of investments in a loss-making business in an unformed industry is quite understandable. We are ready to release the bird from our hands only if we expect that in the bush there will be not two birds, but 22. But our expectations must be justified. In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.</p>\n<p><b>Valuation And Perspectives</b></p>\n<p>We usually evaluate a business based on the expected financial results that the company will be able to achieve in the future. With Virgin Galactic(NYSE:SPCE), we decided to go the opposite way. We tried to determine what the financial indicators of the company should be in order for the current price to look fair.</p>\n<p>The value of any asset is determined by the present value of its future cash flows. This is an axiom of finance that is often criticized by unsophisticated investors. Indeed, if your investment strategy is based on the hope that someone will definitely agree to pay more for an asset than you pay for it, then the value of the asset is not important. If your friend writes you a bill of exchange and there is a buyer who is always ready to pay for this bill above par, then solvency and interest are unlikely to worry you. However, if there is no such buyer, you will turn into a demanding lender who will carefully compare the interest on a bill of exchange with the value of money and include all possible risks in the interest rate. In other words, you will begin to discount the cash flow.</p>\n<p>The weighted average cost of capital for the SPCE is not difficult to determine. Today the company's assets are 56% financed by equity capital, and there is no debt burden. The company's balance sheet as at the last reporting date is presented below:</p>\n<p><img src=\"https://static.tigerbbs.com/a5fcadf6dbf15f58f33506c58d8ad7fa\" tg-width=\"640\" tg-height=\"459\"></p>\n<p>(Source:Company's IR)</p>\n<p>According to our calculation, the company's cost of capital is 9%. Given that Virgin has a low leverage, the weighted average cost of capital is also 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/b9685bee425247505e9479e60a75ad72\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source: Created by the author)</p>\n<p>Thus, if Virgin Galactic's current market cap is fair, the company's free cash flow from 2022 to 2027 should look like this:</p>\n<p><img src=\"https://static.tigerbbs.com/af1919420bc286424d2f62152e2e14ca\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source: Created by the author)</p>\n<p>It is difficult to estimate the potential profitability of a business that does not yet exist. However, we can roughly define it. The company's cost of revenue includes costs related to rocket fuel consumption, salaries and benefits for pilots and ground crew, and maintenance. Virgin conducted its second test flight in February 2019. At the end of the first quarter of 2019, the company reflected in the reporting $1 million Cost of revenue, at the end of the first quarter of 2020, SPCE reflected $ 173 thousand in cost of revenue. According to the report, the change in cost of revenue is primarily due to the costs for flying payload in Q1 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/befcd5a3926ada7aebead8314713d44c\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source:Company's IR)</p>\n<p>Thus, we can determine that the estimated cost of launching one spaceship is $800 thousand dollars. With a ticket price of $200,000, the expected revenue per flight will be $1,200,000. As with the airline business, Virgin's key costs are cost of revenue. If the company can achieve an LFCF margin of 10% (slightly better than that of the most marginal US airlines), then the dynamics of revenue should take the following form:</p>\n<p><img src=\"https://static.tigerbbs.com/58c6ee07b1a3cbcce384d7e62e90632c\" tg-width=\"640\" tg-height=\"389\"></p>\n<p>(Source: Created by the author)</p>\n<p>In an interview withCNBC, CEO Michael Colglazier said he expects each spaceport to generate $1 billion for the company. Thus, to justify the current price, the company needs to build 110 spaceports and sell 275 thousand tickets for 400 thousand dollars each (in the same interview, the CEO said that each spaceport will have 400 flights a year, that is, with a revenue of $1 billion, the price 1 ticket must be equal to $400 thousand). As a reminder,according to UBS, space tourism will be a $3 billion market by 2030. Thus, the current capitalization of the company cannot be explained by any reasonable expectations.</p>\n<p><b>Conclusion</b></p>\n<p>Virgin Galactic could be good business one day. However, in our opinion the current capitalization cannot be explained by any reasonable expectations. For the current estimate to be justified, the company needs to sell $ 110 billion worth of tickets by 2027. Which is impossible given the current and expected market capacity. However, we do not short because the company is attracting a lot of attention. As John Maynard Keynes said, the market can remain irrational longer than you can remain solvent. We will watch the company from the sideline.</p>","source":"seekingalpha","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>Virgin Galactic And Irrational Exuberance</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\">\nVirgin Galactic And Irrational Exuberance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 11:20 GMT+8 <a href=https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWe tried to determine what the financial performance of the company should be in order for the current price to look fair.\nFor the price to be fair, FCFF in 2022 should be $35 million and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1143980547","content_text":"Summary\n\nWe tried to determine what the financial performance of the company should be in order for the current price to look fair.\nFor the price to be fair, FCFF in 2022 should be $35 million and grow at CAGR of 350%. Revenue should be $110 billion by 2027.\nThe current and expected market capacity does not allow the company to demonstrate such financial performance.\nIn our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.\nThe market can remain irrational longer than you can remain solvent, so we do not short, we only watch the company from the sideline.\n\n\n The Markets Can Remain Irrational Longer Than You Can Remain Solvent. - John Maynard Keynes\n\nThesis\nCould a German fugitive who tried to cross the Jornada del Muerto in the dry season of 1670 imagine that a few hundred years later, next to his vulture-torn remains, an eccentric British billionaire would be paving the way into the world of space tourism? Hardly. Thanks to human genius and the free market, we are living in an amazing time. And do not underestimate the role of the latter.\nThe financial industry is like a circulatory system for a market organism. Driven by human greed, it distributes resources from old established industries to the most promising sectors of the new economy. It was like this before, and so it is now. The reason why investors are ready to abandon investments in a profitable established company in favor of investments in a loss-making business in an unformed industry is quite understandable. We are ready to release the bird from our hands only if we expect that in the bush there will be not two birds, but 22. But our expectations must be justified. In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.\nValuation And Perspectives\nWe usually evaluate a business based on the expected financial results that the company will be able to achieve in the future. With Virgin Galactic(NYSE:SPCE), we decided to go the opposite way. We tried to determine what the financial indicators of the company should be in order for the current price to look fair.\nThe value of any asset is determined by the present value of its future cash flows. This is an axiom of finance that is often criticized by unsophisticated investors. Indeed, if your investment strategy is based on the hope that someone will definitely agree to pay more for an asset than you pay for it, then the value of the asset is not important. If your friend writes you a bill of exchange and there is a buyer who is always ready to pay for this bill above par, then solvency and interest are unlikely to worry you. However, if there is no such buyer, you will turn into a demanding lender who will carefully compare the interest on a bill of exchange with the value of money and include all possible risks in the interest rate. In other words, you will begin to discount the cash flow.\nThe weighted average cost of capital for the SPCE is not difficult to determine. Today the company's assets are 56% financed by equity capital, and there is no debt burden. The company's balance sheet as at the last reporting date is presented below:\n\n(Source:Company's IR)\nAccording to our calculation, the company's cost of capital is 9%. Given that Virgin has a low leverage, the weighted average cost of capital is also 9%.\n\n(Source: Created by the author)\nThus, if Virgin Galactic's current market cap is fair, the company's free cash flow from 2022 to 2027 should look like this:\n\n(Source: Created by the author)\nIt is difficult to estimate the potential profitability of a business that does not yet exist. However, we can roughly define it. The company's cost of revenue includes costs related to rocket fuel consumption, salaries and benefits for pilots and ground crew, and maintenance. Virgin conducted its second test flight in February 2019. At the end of the first quarter of 2019, the company reflected in the reporting $1 million Cost of revenue, at the end of the first quarter of 2020, SPCE reflected $ 173 thousand in cost of revenue. According to the report, the change in cost of revenue is primarily due to the costs for flying payload in Q1 2019.\n\n(Source:Company's IR)\nThus, we can determine that the estimated cost of launching one spaceship is $800 thousand dollars. With a ticket price of $200,000, the expected revenue per flight will be $1,200,000. As with the airline business, Virgin's key costs are cost of revenue. If the company can achieve an LFCF margin of 10% (slightly better than that of the most marginal US airlines), then the dynamics of revenue should take the following form:\n\n(Source: Created by the author)\nIn an interview withCNBC, CEO Michael Colglazier said he expects each spaceport to generate $1 billion for the company. Thus, to justify the current price, the company needs to build 110 spaceports and sell 275 thousand tickets for 400 thousand dollars each (in the same interview, the CEO said that each spaceport will have 400 flights a year, that is, with a revenue of $1 billion, the price 1 ticket must be equal to $400 thousand). As a reminder,according to UBS, space tourism will be a $3 billion market by 2030. Thus, the current capitalization of the company cannot be explained by any reasonable expectations.\nConclusion\nVirgin Galactic could be good business one day. However, in our opinion the current capitalization cannot be explained by any reasonable expectations. For the current estimate to be justified, the company needs to sell $ 110 billion worth of tickets by 2027. Which is impossible given the current and expected market capacity. However, we do not short because the company is attracting a lot of attention. As John Maynard Keynes said, the market can remain irrational longer than you can remain solvent. We will watch the company from the sideline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141548660,"gmtCreate":1625882539550,"gmtModify":1633936443298,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141548660","repostId":"1113783042","repostType":4,"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141543335,"gmtCreate":1625882459927,"gmtModify":1633936445334,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141543335","repostId":"1162091150","repostType":4,"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149228308,"gmtCreate":1625731734004,"gmtModify":1633937920496,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149228308","repostId":"1157321774","repostType":4,"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149223008,"gmtCreate":1625731656204,"gmtModify":1633937922148,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149223008","repostId":"1150920713","repostType":4,"repost":{"id":"1150920713","pubTimestamp":1625729674,"share":"https://www.laohu8.com/m/news/1150920713?lang=&edition=full","pubTime":"2021-07-08 15:34","market":"us","language":"en","title":"States Target Google Play Store Practices in Antitrust Suit","url":"https://stock-news.laohu8.com/highlight/detail?id=1150920713","media":"WSJ","summary":"Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Go","content":"<p>Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Google on Wednesday, alleging that the company operates an illegal monopoly with its Google Play app store.</p>\n<p>The bipartisan antitrust suit adds to the company’s mounting legal challenges. Led by the state of Utah and filed in the U.S. District Court for the Northern District of California, it alleges that the company has monopolized the distribution of apps on mobile devices that run the Google-owned Android operating system, blocking competition through contracts, technical barriers and other means.</p>\n<p>In a blog post, Google said it provides an open operating system in which customers are free to download apps directly from developers’ websites.</p>\n<p>“It’s strange that a group of state attorneys general chose to file a lawsuit attacking a system that provides more openness and choice than others,” wrote Wilson White, senior director of public policy.</p>\n<p>Over the past year, Google has faced lawsuits from state and federal officials over its dominance of search advertising and its ad tech business.</p>\n<p>Google has built a multibillion-dollar digital empire over the past decade by becoming the primary gatekeeper for apps that are downloaded to smartphones using its Android operating system. It requires apps distributed through its Play Store to use a Google payment system and collects a 15% to 30% service fee on sales.</p>\n<p>The states’ lawsuit challenges Google’s description of Android as an open operating system.</p>\n<p>It targets the in-app payment requirement, saying it has allowed Google to monopolize in-app payments on Android phones and charge excessive commissions.</p>\n<p>Practices such as those harm consumers by raising the prices of apps and weakening competition between developers that could lead to more secure apps with better features, the suit alleges.</p>\n<p>The states also accuse Google of trying to “buy off”Samsung ElectronicsCo., a manufacturer of smartphones.</p>\n<p>Samsung’s Galaxy app store competes with Google Play, and Google offered to compensate Samsung if the latter company would “give up its direct commercial relationships in app distribution with consumers and developers,” the suit alleges. Samsung didn’t respond to a request for comment.</p>\n<p>The case from the states against Google’s app store follows an antitrust case filed by Epic Games Inc., which alleged that Google acted in an anticompetitive way in operating the store and eventually pulling the company’s “Fortnite” game from its virtual shelves. Epic has a similar lawsuit againstAppleInc.</p>\n<p>In a tweet, Epic Chief Executive Tim Sweeney said Google blocks competition on Android phones. “It’s tragic that the ‘Don’t Be Evil’ company let it come to this,” he wrote.</p>\n<p>Thestates began their investigationinto Google about two years ago. Over the course of the following year, attorneys general focused on separate areas of Google’s business with an eye on bringing a single suit against the search company, according to people familiar with the matter.</p>\n<p>Instead of one case, the states split up across several issues. Utah Attorney General Sean Reyes deemed the Play Store anticompetitive last year and planned to bring a suit, but decided to wait until 2021 after Colorado and Texas filed separate suits against Google’s search and ad tech businesses, according to these people.</p>\n<p>The Justice Department isscrutinizing the business practicesof Apple. The state investigation of Google began sooner, according to people familiar with the matter, and was further along than the Apple probe.</p>\n<p>The suit filed Wednesday came days after Google updated its Play Store policy, requiring developers to use a proprietary application format for apps distributed through its store. The company said the change reduces app size to speed downloads for users. The policy update triggered criticism from developers who alleged that it would lock apps into the Play Store and discourage competing distributors.</p>\n<p>The updated policy influenced the timing of the Utah filing, the people familiar with the matter said.</p>\n<p>The case could be difficult for states to win. Unlike Apple, which exclusively distributes apps through its store, Android device owners can access apps through other app marketplaces. Proponents of the case argue that the market share of those competitors is dwarfed by Google.</p>\n<p>The Utah-led lawsuit says that the Play store has a 90% share of app distribution on Android phones and that no competitor has more than a 5% share. It says that Google’s rules restrict direct downloads of apps and only allows so-called sideloading to “maintain its image of ‘openness.’”</p>\n<p>Google earlier this year reduced its commission on Play store sales,cutting its fees to 15% from 30%on the first $1 million developers earn. Roughly $38.6 billion was spent in the Play store last year, while the App Store generated $72.3 billion, according to Sensor Tower, a firm that tracks the app industry.</p>\n<p>The timing of a trial over the Play store will be determined in the months ahead. The Justice Department’s antitrust suit against Google is scheduled for trial in 2023, targeting its dominant search-engine business. Two other ongoing state antitrust lawsuits are set to begin at about the same time.</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>States Target Google Play Store Practices in Antitrust Suit</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\">\nStates Target Google Play Store Practices in Antitrust Suit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 15:34 GMT+8 <a href=https://www.wsj.com/articles/states-target-google-play-store-in-antitrust-suit-11625694096?mod=hp_lead_pos1><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Google on Wednesday, alleging that the company operates an illegal monopoly with its Google Play app ...</p>\n\n<a href=\"https://www.wsj.com/articles/states-target-google-play-store-in-antitrust-suit-11625694096?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌"},"source_url":"https://www.wsj.com/articles/states-target-google-play-store-in-antitrust-suit-11625694096?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150920713","content_text":"Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Google on Wednesday, alleging that the company operates an illegal monopoly with its Google Play app store.\nThe bipartisan antitrust suit adds to the company’s mounting legal challenges. Led by the state of Utah and filed in the U.S. District Court for the Northern District of California, it alleges that the company has monopolized the distribution of apps on mobile devices that run the Google-owned Android operating system, blocking competition through contracts, technical barriers and other means.\nIn a blog post, Google said it provides an open operating system in which customers are free to download apps directly from developers’ websites.\n“It’s strange that a group of state attorneys general chose to file a lawsuit attacking a system that provides more openness and choice than others,” wrote Wilson White, senior director of public policy.\nOver the past year, Google has faced lawsuits from state and federal officials over its dominance of search advertising and its ad tech business.\nGoogle has built a multibillion-dollar digital empire over the past decade by becoming the primary gatekeeper for apps that are downloaded to smartphones using its Android operating system. It requires apps distributed through its Play Store to use a Google payment system and collects a 15% to 30% service fee on sales.\nThe states’ lawsuit challenges Google’s description of Android as an open operating system.\nIt targets the in-app payment requirement, saying it has allowed Google to monopolize in-app payments on Android phones and charge excessive commissions.\nPractices such as those harm consumers by raising the prices of apps and weakening competition between developers that could lead to more secure apps with better features, the suit alleges.\nThe states also accuse Google of trying to “buy off”Samsung ElectronicsCo., a manufacturer of smartphones.\nSamsung’s Galaxy app store competes with Google Play, and Google offered to compensate Samsung if the latter company would “give up its direct commercial relationships in app distribution with consumers and developers,” the suit alleges. Samsung didn’t respond to a request for comment.\nThe case from the states against Google’s app store follows an antitrust case filed by Epic Games Inc., which alleged that Google acted in an anticompetitive way in operating the store and eventually pulling the company’s “Fortnite” game from its virtual shelves. Epic has a similar lawsuit againstAppleInc.\nIn a tweet, Epic Chief Executive Tim Sweeney said Google blocks competition on Android phones. “It’s tragic that the ‘Don’t Be Evil’ company let it come to this,” he wrote.\nThestates began their investigationinto Google about two years ago. Over the course of the following year, attorneys general focused on separate areas of Google’s business with an eye on bringing a single suit against the search company, according to people familiar with the matter.\nInstead of one case, the states split up across several issues. Utah Attorney General Sean Reyes deemed the Play Store anticompetitive last year and planned to bring a suit, but decided to wait until 2021 after Colorado and Texas filed separate suits against Google’s search and ad tech businesses, according to these people.\nThe Justice Department isscrutinizing the business practicesof Apple. The state investigation of Google began sooner, according to people familiar with the matter, and was further along than the Apple probe.\nThe suit filed Wednesday came days after Google updated its Play Store policy, requiring developers to use a proprietary application format for apps distributed through its store. The company said the change reduces app size to speed downloads for users. The policy update triggered criticism from developers who alleged that it would lock apps into the Play Store and discourage competing distributors.\nThe updated policy influenced the timing of the Utah filing, the people familiar with the matter said.\nThe case could be difficult for states to win. Unlike Apple, which exclusively distributes apps through its store, Android device owners can access apps through other app marketplaces. Proponents of the case argue that the market share of those competitors is dwarfed by Google.\nThe Utah-led lawsuit says that the Play store has a 90% share of app distribution on Android phones and that no competitor has more than a 5% share. It says that Google’s rules restrict direct downloads of apps and only allows so-called sideloading to “maintain its image of ‘openness.’”\nGoogle earlier this year reduced its commission on Play store sales,cutting its fees to 15% from 30%on the first $1 million developers earn. Roughly $38.6 billion was spent in the Play store last year, while the App Store generated $72.3 billion, according to Sensor Tower, a firm that tracks the app industry.\nThe timing of a trial over the Play store will be determined in the months ahead. The Justice Department’s antitrust suit against Google is scheduled for trial in 2023, targeting its dominant search-engine business. Two other ongoing state antitrust lawsuits are set to begin at about the same time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149220937,"gmtCreate":1625731570629,"gmtModify":1633937923796,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy ","listText":"Buy ","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/149220937","repostId":"2149313255","repostType":4,"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":808531570,"gmtCreate":1627601045490,"gmtModify":1633757991085,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"😞.. hopefully this stock market will go up larer ","listText":"😞.. hopefully this stock market will go up larer ","text":"😞.. hopefully this stock market will go up larer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/808531570","repostId":"1154593458","repostType":4,"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173330575,"gmtCreate":1626613894297,"gmtModify":1633925494530,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Noted ","listText":"Noted ","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173330575","repostId":"1123523681","repostType":4,"repost":{"id":"1123523681","pubTimestamp":1626569903,"share":"https://www.laohu8.com/m/news/1123523681?lang=&edition=full","pubTime":"2021-07-18 08:58","market":"us","language":"en","title":"The story behind the savvy ‘Mystery Broker’ and where he sees the market going now","url":"https://stock-news.laohu8.com/highlight/detail?id=1123523681","media":"CNBC","summary":"“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column","content":"<div>\n<p>“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.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>The story behind the savvy ‘Mystery Broker’ and where he sees the market going now</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\">\nThe story behind the savvy ‘Mystery Broker’ and where he sees the market going now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:58 GMT+8 <a href=https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html\">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.cnbc.com/2021/07/17/the-story-behind-the-savvy-mystery-broker-and-where-he-sees-the-market-going-now.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123523681","content_text":"“So, there’s this guy who emails me his market outlook every so often.”\nThat’s howmy Barron’s column started one week nearly a dozen years ago, introducing the canny and clear-thinking financial advisor who has come to be known in print and on Twitter as the Mystery Broker, whose market color and investment calls I share on the irregular frequency with which he sends them.\nHis predictions don’t always prove prescient, but he has been more right than wrong, with a particularly impressive record of bold calls around market bottoms and ahead of corrections.\nAs noted in that first writeup in Barron’s in December 2009: “This particular guy is unique in at least two respects. He has no interest in having his name placed in print or pixels. And he is the one commentator I’m aware of who both turned aggressively bearish virtually at the all-time market peak in 2007, then in April began insisting that the March market lows would not be challenged, and that a new cyclical bull market had a long way to run.”\nThis broker’s dispatch to me in April 2009 — just weeks after the ultimate low of a wrenching 18-month bear market and terrifying global credit crisis — was a 12-page single-spaced argument that the financial crisis was over. This was far from the consensus at the time. A November 2007 piece had called for a brutal bear market, a month after the S&P 500 hit a peak it wouldn’t revisit until 2013 and before most investors even had a bear market on their radar.\nThe intention of airing his views was not to create some gimmick or generate cheap intrigue, but simply to offer the well-grounded thoughts of professional free of institutional constraints or the need to sell investment products.\nBut it did capture readers’ attention and imagination, to the point that requests for updates of the Mystery Broker’s market take come constantly. I continue it strictly because so many readers and viewers have followed his work for years and like to keep up\nAnd, yes, the whole exercise drives some people nuts, whether they think it’s irresponsible (which makes no sense, he gets no benefit and doesn’t hype small stocks that could move in his favor) or insist it’s a fictional alter ego (untrue).\nMystery Broker’s approach\nHe became a broker in the mid-’80s. While there’s long been a guessing game about MB’s identity, he is not someone who’s name anyone would know, he doesn’t otherwise comment publicly on investments.\nAs noted back in 2009: “He doesn’t claim any magic formulas or proprietary systems. His approach is eclectic and inclusive, ranging among economic, technical, historical, valuation and sentiment inputs.” He’ll cite Marty Zweig, Ned Davis and the Value Line Appreciation Potential indicators – fairly old-school inspirations – but doesn’t seem rigidly attached to any one model or style.\nI almost never solicit Mystery Broker’s take, preferring he check in only when it strikes him, often when he changes his market stance or is moved to reiterate his conviction in a prior call. Aside from the broad market commentary, he’ll sometimes make the case for or against individual stocks. He loved wells Fargo to start 2021, as well as GE, for instance.\nMystery Broker sometimes goes deep on a controversial emerging biotech name, the sort of thing I tend not to pass along. He was put off by CNBC’s heavy coverage of the “meme stocks” early this year and let me know it. He and I both have strong views on baseball, which we exchange via email. We’ve never met.\nHow he navigated the pandemic\nIn the past few months, Mystery Broker has been cautious on stocks and has missed a bit of upside. Specifically, he went to a sell (which tends to mean raising cash for clients and himself and hedging equity holdings with index puts) at the close on April 16, with the S&P 500 at 4185. The index went sideways for two months, then lifted to last week’s record up almost 5% from where he called for a correction.\nStill, he’s playing with a lot of house money, having been deftly bullish into the teeth of the March 2020 Covid crash. (He was negative on the market from January last year, though not because he expected either a pandemic or a crash).\nThe individual calls are viewable at the #MysteryBroker hashtag on Twitter, but to cite a few examples: He thought the March 4, 2020, low in the S&P 500 near 2900 would hold; it absolutely didn’t, plunging to about 2200 by the 23rd. But on March 26 he said the bottom was in, and within a month the S&P had recovered back to 2900.\nThen, this in mid-April 2020: He would normally look for a retest of the major low, but not then: ”“Because for the first time in stock market history the consensus is for a retest, a normal retest is not likely to happen.”\nThis was right, as was his preference for riskier cyclical stocks and his update June of last year: “We are in a new bull market...every correction should be bought...every time S&P 500 falls below its 50-day moving average is an extraordinary buying opportunity.”\nS&P 500 with 50-day moving averageFactSet\nAfter that and before predicting a correction three months ago that has yet to occur, he pegged the peak in FAANMG days before they topped last Sept. 1; said in late December the market had “entered the last hurrah for growth and speculative stocks” that would pressure the overall market but not necessarily drive across-the-board losses; and predicted bitcoin would peak coincident with the Coinbase listing (it did). Not perfect, but not bad.\nHis current outlook\nHis is not a system, but a weight-of-the-evidence approach pursued with an open mind and a feel for market cadences earned over more than three decades of economic cycles.\nFollowing up onhis latest update this week, I asked for a broader take on historical echoes and longer-term probabilities. Mystery Broker offers this:\n“I think the current recovery is most similar to the recovery in 2003-04. A big transition from hyper-growth to value. Also, valuations are already high after only one year of stock market and economic growth similar to 2003-4, although more extreme now. ” He expects “muted returns for the rest of decade similar to the low returns of the first decade of the 2000s. See leadership from industrials, healthcare and to some degree financials.”\n“Don’t expect technology to be a big outperformer and semiconductors will be a disappointment especially equipment semis that have benefitted from a few big trends over the last few years. Value, foreign stocks (expect dollar to fall over the next few years) and equal-weighted indices will outperform. Inflation and interest rates will slowly rise which is different from the last decade.\n“The big surprise will be how old industries adapt to new technology and fight off some of the hot new entries. There will be a lot of rebounds similar to how the New York Times came back from the dead last decade.”\nI also asked if he’s interested in being identified. The answer: not now, but maybe soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146886208,"gmtCreate":1626066362704,"gmtModify":1633930460783,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Thanks for sharing ","listText":"Thanks for sharing ","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146886208","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147990362,"gmtCreate":1626324745856,"gmtModify":1633927838639,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147990362","repostId":"2151548988","repostType":4,"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142254305,"gmtCreate":1626155845307,"gmtModify":1633929554289,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Good 👍 ","listText":"Good 👍 ","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142254305","repostId":"1128924095","repostType":4,"repost":{"id":"1128924095","pubTimestamp":1626154248,"share":"https://www.laohu8.com/m/news/1128924095?lang=&edition=full","pubTime":"2021-07-13 13:30","market":"sg","language":"en","title":"Singapore is launching a $50 million program to advance research on AI and cybersecurity","url":"https://stock-news.laohu8.com/highlight/detail?id=1128924095","media":"cnbc","summary":"KEY POINTS\n\nSingapore plans to invest around $50 million in a program to support advanced communicat","content":"<div>\n<p>KEY POINTS\n\nSingapore plans to invest around $50 million in a program to support advanced communications and connectivity research, Deputy Prime Minister Heng Swee Keat announced.\nAs part of the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/singapore-to-launch-50-million-program-in-ai-cybersecurity-research-for-5g.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>Singapore is launching a $50 million program to advance research on AI and cybersecurity</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\">\nSingapore is launching a $50 million program to advance research on AI and cybersecurity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 13:30 GMT+8 <a href=https://www.cnbc.com/2021/07/13/singapore-to-launch-50-million-program-in-ai-cybersecurity-research-for-5g.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore plans to invest around $50 million in a program to support advanced communications and connectivity research, Deputy Prime Minister Heng Swee Keat announced.\nAs part of the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/singapore-to-launch-50-million-program-in-ai-cybersecurity-research-for-5g.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/07/13/singapore-to-launch-50-million-program-in-ai-cybersecurity-research-for-5g.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1128924095","content_text":"KEY POINTS\n\nSingapore plans to invest around $50 million in a program to support advanced communications and connectivity research, Deputy Prime Minister Heng Swee Keat announced.\nAs part of the Future Communications Research & Development Programme, Singapore plans to set up new communications testbeds in 5G and beyond-5G.\nSingapore will also be launching the Singapore Trade Data Exchange, or SGTraDex, that will allow multiple stakeholders along the supply chain to share information such as real-time cargo locations.\n\nSINGAPORE — Singapore plans to invest $50 million in a program to support research on AI and cybersecurity for future communications structures, Deputy Prime Minister Heng Swee Keat announced on Tuesday.\nAs part of the Future Communications Research & Development Programme, Singapore plans to set up new communications testbeds in 5G and beyond-5G, support technology development, and build up a local talent pool.\n5G refers to the fifth generation of high-speed mobile internet that aims to provide faster data speeds and more bandwidth to carry growing levels of web traffic. Many new technologies, such as self-driving cars, are underpinned by rapid developments and global deployment of 5G networks. For its part, Singapore plans to havefull island-wide standalone 5G coverage by 2025.\nThe program will “support AI and cybersecurity research for next-generation communications infrastructures,” Heng said at theAsia Tech x Singapore conference.\nIt will “support testbeds for innovative pilots, and provide scholarships for those seeking to pursue research in communications.”\n\n Just as globalization drove decades of economic growth around the world, I believe the fast-growing digital economy can propel us to a better future.Heng Swee KeatSINGAPORE’S DEPUTY PRIME MINISTER\n\nThe program will also aim to buildinternational partnerships andstrengthen cross-border collaborations,according to Heng, who is also Singapore’s coordinating minister for economic policies.\nDigitalizing the supply chain\nSingapore will also be launching a digital exchange known as the Singapore Trade Data Exchange, or SGTraDex. It will allow multiple stakeholders — such as logistics players, shippers and buyers — to share valuable information like real-time cargo locations. The information is said to be encrypted and transmitted, without being stored.\nThe initiative is expected to stamp out significant inefficiencies around the movement of goods along the supply chain. For example, logistics and shipping companies would be able to optimize cargo handling and operations.\n“From the pilots so far, SGTraDex has the potential to unlock more than $150 million of value annually for the supply chain ecosystem,” Heng said. It would also speed up the processing of customs clearance, trade financing, insurance and other related activities, he added.\nSGTraDex is similar to another initiative launched last year called theSingapore Financial Data Exchange, or SGFinDex.It allows users to sign in with their national digital identity to access their consolidated financial data — such as deposits, credit cards, loans and investments — from participating banks and relevant government agencies on a single platform.\nUnlocking the full potential\nHeng pointed out that having the ability to allow data to flow securely and seamlessly can help countries unlock the full potential of digitalization.\nSoutheast Asia’s digital economy is fast-growing and its internet sectors are expected to cross $300 billion by 2025, according to anindustry report from Google, Temasek Holdings and Bain & Company.\nThe coronavirus pandemic accelerated the push toward digitalization asmany businesses, big and small, had to shift their presence onlinein the face of social restrictions and lockdowns.\n“Just as globalization drove decades of economic growth around the world, I believe the fast-growing digital economy can propel us to a better future,” Heng said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146883398,"gmtCreate":1626066131514,"gmtModify":1633930463124,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146883398","repostId":"1143980547","repostType":4,"repost":{"id":"1143980547","pubTimestamp":1626060038,"share":"https://www.laohu8.com/m/news/1143980547?lang=&edition=full","pubTime":"2021-07-12 11:20","market":"us","language":"en","title":"Virgin Galactic And Irrational Exuberance","url":"https://stock-news.laohu8.com/highlight/detail?id=1143980547","media":"seekingalpha","summary":"Summary\n\nWe tried to determine what the financial performance of the company should be in order for ","content":"<p><b>Summary</b></p>\n<ul>\n <li>We tried to determine what the financial performance of the company should be in order for the current price to look fair.</li>\n <li>For the price to be fair, FCFF in 2022 should be $35 million and grow at CAGR of 350%. Revenue should be $110 billion by 2027.</li>\n <li>The current and expected market capacity does not allow the company to demonstrate such financial performance.</li>\n <li>In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.</li>\n <li>The market can remain irrational longer than you can remain solvent, so we do not short, we only watch the company from the sideline.</li>\n</ul>\n<blockquote>\n The Markets Can Remain Irrational Longer Than You Can Remain Solvent. - John Maynard Keynes\n</blockquote>\n<p><b>Thesis</b></p>\n<p>Could a German fugitive who tried to cross the Jornada del Muerto in the dry season of 1670 imagine that a few hundred years later, next to his vulture-torn remains, an eccentric British billionaire would be paving the way into the world of space tourism? Hardly. Thanks to human genius and the free market, we are living in an amazing time. And do not underestimate the role of the latter.</p>\n<p>The financial industry is like a circulatory system for a market organism. Driven by human greed, it distributes resources from old established industries to the most promising sectors of the new economy. It was like this before, and so it is now. The reason why investors are ready to abandon investments in a profitable established company in favor of investments in a loss-making business in an unformed industry is quite understandable. We are ready to release the bird from our hands only if we expect that in the bush there will be not two birds, but 22. But our expectations must be justified. In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.</p>\n<p><b>Valuation And Perspectives</b></p>\n<p>We usually evaluate a business based on the expected financial results that the company will be able to achieve in the future. With Virgin Galactic(NYSE:SPCE), we decided to go the opposite way. We tried to determine what the financial indicators of the company should be in order for the current price to look fair.</p>\n<p>The value of any asset is determined by the present value of its future cash flows. This is an axiom of finance that is often criticized by unsophisticated investors. Indeed, if your investment strategy is based on the hope that someone will definitely agree to pay more for an asset than you pay for it, then the value of the asset is not important. If your friend writes you a bill of exchange and there is a buyer who is always ready to pay for this bill above par, then solvency and interest are unlikely to worry you. However, if there is no such buyer, you will turn into a demanding lender who will carefully compare the interest on a bill of exchange with the value of money and include all possible risks in the interest rate. In other words, you will begin to discount the cash flow.</p>\n<p>The weighted average cost of capital for the SPCE is not difficult to determine. Today the company's assets are 56% financed by equity capital, and there is no debt burden. The company's balance sheet as at the last reporting date is presented below:</p>\n<p><img src=\"https://static.tigerbbs.com/a5fcadf6dbf15f58f33506c58d8ad7fa\" tg-width=\"640\" tg-height=\"459\"></p>\n<p>(Source:Company's IR)</p>\n<p>According to our calculation, the company's cost of capital is 9%. Given that Virgin has a low leverage, the weighted average cost of capital is also 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/b9685bee425247505e9479e60a75ad72\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source: Created by the author)</p>\n<p>Thus, if Virgin Galactic's current market cap is fair, the company's free cash flow from 2022 to 2027 should look like this:</p>\n<p><img src=\"https://static.tigerbbs.com/af1919420bc286424d2f62152e2e14ca\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source: Created by the author)</p>\n<p>It is difficult to estimate the potential profitability of a business that does not yet exist. However, we can roughly define it. The company's cost of revenue includes costs related to rocket fuel consumption, salaries and benefits for pilots and ground crew, and maintenance. Virgin conducted its second test flight in February 2019. At the end of the first quarter of 2019, the company reflected in the reporting $1 million Cost of revenue, at the end of the first quarter of 2020, SPCE reflected $ 173 thousand in cost of revenue. According to the report, the change in cost of revenue is primarily due to the costs for flying payload in Q1 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/befcd5a3926ada7aebead8314713d44c\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source:Company's IR)</p>\n<p>Thus, we can determine that the estimated cost of launching one spaceship is $800 thousand dollars. With a ticket price of $200,000, the expected revenue per flight will be $1,200,000. As with the airline business, Virgin's key costs are cost of revenue. If the company can achieve an LFCF margin of 10% (slightly better than that of the most marginal US airlines), then the dynamics of revenue should take the following form:</p>\n<p><img src=\"https://static.tigerbbs.com/58c6ee07b1a3cbcce384d7e62e90632c\" tg-width=\"640\" tg-height=\"389\"></p>\n<p>(Source: Created by the author)</p>\n<p>In an interview withCNBC, CEO Michael Colglazier said he expects each spaceport to generate $1 billion for the company. Thus, to justify the current price, the company needs to build 110 spaceports and sell 275 thousand tickets for 400 thousand dollars each (in the same interview, the CEO said that each spaceport will have 400 flights a year, that is, with a revenue of $1 billion, the price 1 ticket must be equal to $400 thousand). As a reminder,according to UBS, space tourism will be a $3 billion market by 2030. Thus, the current capitalization of the company cannot be explained by any reasonable expectations.</p>\n<p><b>Conclusion</b></p>\n<p>Virgin Galactic could be good business one day. However, in our opinion the current capitalization cannot be explained by any reasonable expectations. For the current estimate to be justified, the company needs to sell $ 110 billion worth of tickets by 2027. Which is impossible given the current and expected market capacity. However, we do not short because the company is attracting a lot of attention. As John Maynard Keynes said, the market can remain irrational longer than you can remain solvent. We will watch the company from the sideline.</p>","source":"seekingalpha","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>Virgin Galactic And Irrational Exuberance</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\">\nVirgin Galactic And Irrational Exuberance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 11:20 GMT+8 <a href=https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWe tried to determine what the financial performance of the company should be in order for the current price to look fair.\nFor the price to be fair, FCFF in 2022 should be $35 million and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1143980547","content_text":"Summary\n\nWe tried to determine what the financial performance of the company should be in order for the current price to look fair.\nFor the price to be fair, FCFF in 2022 should be $35 million and grow at CAGR of 350%. Revenue should be $110 billion by 2027.\nThe current and expected market capacity does not allow the company to demonstrate such financial performance.\nIn our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.\nThe market can remain irrational longer than you can remain solvent, so we do not short, we only watch the company from the sideline.\n\n\n The Markets Can Remain Irrational Longer Than You Can Remain Solvent. - John Maynard Keynes\n\nThesis\nCould a German fugitive who tried to cross the Jornada del Muerto in the dry season of 1670 imagine that a few hundred years later, next to his vulture-torn remains, an eccentric British billionaire would be paving the way into the world of space tourism? Hardly. Thanks to human genius and the free market, we are living in an amazing time. And do not underestimate the role of the latter.\nThe financial industry is like a circulatory system for a market organism. Driven by human greed, it distributes resources from old established industries to the most promising sectors of the new economy. It was like this before, and so it is now. The reason why investors are ready to abandon investments in a profitable established company in favor of investments in a loss-making business in an unformed industry is quite understandable. We are ready to release the bird from our hands only if we expect that in the bush there will be not two birds, but 22. But our expectations must be justified. In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.\nValuation And Perspectives\nWe usually evaluate a business based on the expected financial results that the company will be able to achieve in the future. With Virgin Galactic(NYSE:SPCE), we decided to go the opposite way. We tried to determine what the financial indicators of the company should be in order for the current price to look fair.\nThe value of any asset is determined by the present value of its future cash flows. This is an axiom of finance that is often criticized by unsophisticated investors. Indeed, if your investment strategy is based on the hope that someone will definitely agree to pay more for an asset than you pay for it, then the value of the asset is not important. If your friend writes you a bill of exchange and there is a buyer who is always ready to pay for this bill above par, then solvency and interest are unlikely to worry you. However, if there is no such buyer, you will turn into a demanding lender who will carefully compare the interest on a bill of exchange with the value of money and include all possible risks in the interest rate. In other words, you will begin to discount the cash flow.\nThe weighted average cost of capital for the SPCE is not difficult to determine. Today the company's assets are 56% financed by equity capital, and there is no debt burden. The company's balance sheet as at the last reporting date is presented below:\n\n(Source:Company's IR)\nAccording to our calculation, the company's cost of capital is 9%. Given that Virgin has a low leverage, the weighted average cost of capital is also 9%.\n\n(Source: Created by the author)\nThus, if Virgin Galactic's current market cap is fair, the company's free cash flow from 2022 to 2027 should look like this:\n\n(Source: Created by the author)\nIt is difficult to estimate the potential profitability of a business that does not yet exist. However, we can roughly define it. The company's cost of revenue includes costs related to rocket fuel consumption, salaries and benefits for pilots and ground crew, and maintenance. Virgin conducted its second test flight in February 2019. At the end of the first quarter of 2019, the company reflected in the reporting $1 million Cost of revenue, at the end of the first quarter of 2020, SPCE reflected $ 173 thousand in cost of revenue. According to the report, the change in cost of revenue is primarily due to the costs for flying payload in Q1 2019.\n\n(Source:Company's IR)\nThus, we can determine that the estimated cost of launching one spaceship is $800 thousand dollars. With a ticket price of $200,000, the expected revenue per flight will be $1,200,000. As with the airline business, Virgin's key costs are cost of revenue. If the company can achieve an LFCF margin of 10% (slightly better than that of the most marginal US airlines), then the dynamics of revenue should take the following form:\n\n(Source: Created by the author)\nIn an interview withCNBC, CEO Michael Colglazier said he expects each spaceport to generate $1 billion for the company. Thus, to justify the current price, the company needs to build 110 spaceports and sell 275 thousand tickets for 400 thousand dollars each (in the same interview, the CEO said that each spaceport will have 400 flights a year, that is, with a revenue of $1 billion, the price 1 ticket must be equal to $400 thousand). As a reminder,according to UBS, space tourism will be a $3 billion market by 2030. Thus, the current capitalization of the company cannot be explained by any reasonable expectations.\nConclusion\nVirgin Galactic could be good business one day. However, in our opinion the current capitalization cannot be explained by any reasonable expectations. For the current estimate to be justified, the company needs to sell $ 110 billion worth of tickets by 2027. Which is impossible given the current and expected market capacity. However, we do not short because the company is attracting a lot of attention. As John Maynard Keynes said, the market can remain irrational longer than you can remain solvent. We will watch the company from the sideline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149220937,"gmtCreate":1625731570629,"gmtModify":1633937923796,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy ","listText":"Buy ","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/149220937","repostId":"2149313255","repostType":4,"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173290287,"gmtCreate":1626660498149,"gmtModify":1633925156417,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"👍 ","listText":"👍 ","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173290287","repostId":"2152687069","repostType":4,"repost":{"id":"2152687069","pubTimestamp":1626653147,"share":"https://www.laohu8.com/m/news/2152687069?lang=&edition=full","pubTime":"2021-07-19 08:05","market":"us","language":"en","title":"SPX Flow rebuffs Ingersoll Rand acquisition offer -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2152687069","media":"Reuters","summary":"July 18 (Reuters) - SPX Flow Inc, a U.S. provider of manufacturing equipment for the nutrition, heal","content":"<p>July 18 (Reuters) - SPX Flow Inc, a U.S. provider of manufacturing equipment for the nutrition, health and industrial sectors, has rebuffed takeover approaches from pumps and compressors manufacturer Ingersoll Rand Inc, according to people familiar with the matter.</p>\n<p>The most recent offer was in the low $80s per share and was dismissed by SPX Flow as inadequate, the sources said. SPX Flow shares ended trading at $62.09 on Friday, giving the company a market capitalization of $2.6 billion.</p>\n<p>Ingersoll Rand has no plans to make a hostile offer for SPX Flow, and it is not clear if it will submit a new bid, the sources added.</p>\n<p>Ingersoll Rand declined to comment. SPX Flow was not immediately available for comment. The Wall Street Journal first reported on Sunday on Ingersoll Rand's approaches to SPX Flow.</p>\n<p>Charlotte, North Carolina-based SPX Flow was spun out of air conditioning and power equipment maker <a href=\"https://laohu8.com/S/SPXC\">SPX Corp</a> in 2015.</p>\n<p>Ingersoll Rand was put together last year through the merger of peer Gardner Denver with Ingersoll Rand Plc's industrial business. Last month, it sold its golf cart business to private equity firm Platinum Equity for $1.68 billion. (Reporting by Anirudh Saligrama and Kanishka Singh in Bengaluru and Greg Roumeliotis in New York; Editing by Steve Orlofsky)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPX Flow rebuffs Ingersoll Rand acquisition offer -sources</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\">\nSPX Flow rebuffs Ingersoll Rand acquisition offer -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 08:05 GMT+8 <a href=https://finance.yahoo.com/news/1-spx-flow-rebuffs-ingersoll-214947323.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 18 (Reuters) - SPX Flow Inc, a U.S. provider of manufacturing equipment for the nutrition, health and industrial sectors, has rebuffed takeover approaches from pumps and compressors manufacturer ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-spx-flow-rebuffs-ingersoll-214947323.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TT":"Trane技术","FLOW":"Global X US Cash Flow Kings 100 ETF","IR":"英格索兰"},"source_url":"https://finance.yahoo.com/news/1-spx-flow-rebuffs-ingersoll-214947323.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2152687069","content_text":"July 18 (Reuters) - SPX Flow Inc, a U.S. provider of manufacturing equipment for the nutrition, health and industrial sectors, has rebuffed takeover approaches from pumps and compressors manufacturer Ingersoll Rand Inc, according to people familiar with the matter.\nThe most recent offer was in the low $80s per share and was dismissed by SPX Flow as inadequate, the sources said. SPX Flow shares ended trading at $62.09 on Friday, giving the company a market capitalization of $2.6 billion.\nIngersoll Rand has no plans to make a hostile offer for SPX Flow, and it is not clear if it will submit a new bid, the sources added.\nIngersoll Rand declined to comment. SPX Flow was not immediately available for comment. The Wall Street Journal first reported on Sunday on Ingersoll Rand's approaches to SPX Flow.\nCharlotte, North Carolina-based SPX Flow was spun out of air conditioning and power equipment maker SPX Corp in 2015.\nIngersoll Rand was put together last year through the merger of peer Gardner Denver with Ingersoll Rand Plc's industrial business. Last month, it sold its golf cart business to private equity firm Platinum Equity for $1.68 billion. (Reporting by Anirudh Saligrama and Kanishka Singh in Bengaluru and Greg Roumeliotis in New York; Editing by Steve Orlofsky)","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141548660,"gmtCreate":1625882539550,"gmtModify":1633936443298,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141548660","repostId":"1113783042","repostType":4,"repost":{"id":"1113783042","pubTimestamp":1625841673,"share":"https://www.laohu8.com/m/news/1113783042?lang=&edition=full","pubTime":"2021-07-09 22:41","market":"sh","language":"en","title":"Chinese battery maker EVE to invest in lithium production","url":"https://stock-news.laohu8.com/highlight/detail?id=1113783042","media":"Reuters","summary":"(Reuters) - Chinese battery maker EVE Energy said on Friday it would take a stake in a small lithium","content":"<p>(Reuters) - Chinese battery maker EVE Energy said on Friday it would take a stake in a small lithium producer and establish a joint venture to build a lithium chemicals project costing up to 1.8 billion yuan ($277.8 million).</p>\n<p>The move is EVE's latest tilt to secure ingredients for batteries used in electric vehicles, such as lithium. It previously took a small stake in cobalt producer Zhejiang Huayou Cobalt and a 17% interest in a $2.1 billion nickel and cobalt project alongside Huayou in Indonesia.</p>\n<p>EVE, based in Huizhou in southern China, said in an exchange filing it planned to take 28.1% equity in Jinkulun Lithium Industry Co, which makes lithium metal in China's northwestern Qinghai province, known for its lithium salt lakes.</p>\n<p>The two companies agreed to set up a Qinghai-based venture 80% owned by and 20% owned by Jinkulun to build a plant to make 30,000 tonnes per year of battery chemicals lithium carbonate and lithium hydroxide, EVE said.</p>\n<p>First-phase output would be 10,000 tonnes, it added, putting the total project construction time at no more than 36 months.</p>\n<p>EVE said the venture was \"conducive to improving the stability of the company's supply chains\" and could reduce the adverse impact of raw material price fluctuations.</p>\n<p>Prices for battery-grade lithium carbonate in China, as assessed by Asian Metal, have fallen about 2% in the past month but are still up more than 65% so far in 2021 as demand roars back after a three-year downturn.</p>","source":"lsy1612507957220","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>Chinese battery maker EVE to invest in lithium production</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\">\nChinese battery maker EVE to invest in lithium production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 22:41 GMT+8 <a href=https://finance.yahoo.com/news/chinese-battery-maker-eve-invest-141811727.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Chinese battery maker EVE Energy said on Friday it would take a stake in a small lithium producer and establish a joint venture to build a lithium chemicals project costing up to 1.8 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinese-battery-maker-eve-invest-141811727.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"300014":"亿纬锂能"},"source_url":"https://finance.yahoo.com/news/chinese-battery-maker-eve-invest-141811727.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113783042","content_text":"(Reuters) - Chinese battery maker EVE Energy said on Friday it would take a stake in a small lithium producer and establish a joint venture to build a lithium chemicals project costing up to 1.8 billion yuan ($277.8 million).\nThe move is EVE's latest tilt to secure ingredients for batteries used in electric vehicles, such as lithium. It previously took a small stake in cobalt producer Zhejiang Huayou Cobalt and a 17% interest in a $2.1 billion nickel and cobalt project alongside Huayou in Indonesia.\nEVE, based in Huizhou in southern China, said in an exchange filing it planned to take 28.1% equity in Jinkulun Lithium Industry Co, which makes lithium metal in China's northwestern Qinghai province, known for its lithium salt lakes.\nThe two companies agreed to set up a Qinghai-based venture 80% owned by and 20% owned by Jinkulun to build a plant to make 30,000 tonnes per year of battery chemicals lithium carbonate and lithium hydroxide, EVE said.\nFirst-phase output would be 10,000 tonnes, it added, putting the total project construction time at no more than 36 months.\nEVE said the venture was \"conducive to improving the stability of the company's supply chains\" and could reduce the adverse impact of raw material price fluctuations.\nPrices for battery-grade lithium carbonate in China, as assessed by Asian Metal, have fallen about 2% in the past month but are still up more than 65% so far in 2021 as demand roars back after a three-year downturn.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141543335,"gmtCreate":1625882459927,"gmtModify":1633936445334,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141543335","repostId":"1162091150","repostType":4,"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149228308,"gmtCreate":1625731734004,"gmtModify":1633937920496,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149228308","repostId":"1157321774","repostType":4,"repost":{"id":"1157321774","pubTimestamp":1625727514,"share":"https://www.laohu8.com/m/news/1157321774?lang=&edition=full","pubTime":"2021-07-08 14:58","market":"us","language":"en","title":"Why Newegg Stock Skyrocketed nearly 150% on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1157321774","media":"Motley Fool","summary":"The online retailer had great news for gamers in search of popular NVIDIA graphics cards.\n\nWhat happ","content":"<blockquote>\n The online retailer had great news for gamers in search of popular NVIDIA graphics cards.\n</blockquote>\n<p><b>What happened</b></p>\n<p>Shares of <b>Newegg Commerce</b> (NASDAQ:NEGG), a consumer electronics-focused online retailer, soared 148.42% on Wednesday, powered by news that delighted gamers in search of hard-to-get<b>NVIDIA</b>(NASDAQ:NVDA)GeForce RTX GPUs (graphics processing units).</p>\n<p><img src=\"https://static.tigerbbs.com/4e2b9543d5f4c0518bbd5eb525aa938d\" tg-width=\"618\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p>\n<p>Newegg just came public on May 20 via a reverse merger with a special purpose acquisition company (SPAC). Through Tuesday, shares are up a whopping 195% in the approximately one and a half months that the stock has been publicly traded. The<b>S&P 500</b>returned 5.7% over this period.</p>\n<p><b>So what</b></p>\n<p>On Tuesday, four models of NVIDIA's hard-to-find GeForce RTX graphics cards were available on Newegg Shuffle, which is its product lottery for popular products, according to Tech Radar. The models were reportedly the RTX 3060, RTX 3070, RTX 3070 Ti, and RTX 3090.</p>\n<p>NVIDIA's newer gaming GPUs are being snapped up extremely quickly by both gamers and some cryptocurrency miners, so the chance to win the opportunity to buy one of the popular models at a reasonable retail price surely delighted many folks.</p>\n<p>On Wednesday Newegg announced that it will offer professional PC assembly to customers who design their own computers on the Newegg PC Builder. The Company’s build-to-order (BTO) offering takes advantage of Newegg’s ENIAC in-house computer assembly service to build and deliver fully assembled computers significantly faster than other competitive BTO offerings.</p>\n<p><b>Now what</b></p>\n<p>It makes sense that investors viewed it as a positive that Newegg has a stock of popular NVIDIA graphics cards, while other big retailers are sold out. It's possible this could also suggest the company could be more successful than some peers in obtaining inventory of other select products that are in demand.</p>\n<p>That said, Wednesday's nearly 150% surge in the stock was significantly overdone, in my view.</p>\n<p>Newegg hasn't yet announced a date for the release of its first quarterly report as a public company, so we don't know when more material news will be coming.</p>\n<p>I'd suggest that NVIDIA stock seems the best way to play the shortage of the company's GeForce RTX graphics cards.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Newegg Stock Skyrocketed nearly 150% on Wednesday?</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 Newegg Stock Skyrocketed nearly 150% on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 14:58 GMT+8 <a href=https://www.fool.com/investing/2021/07/07/why-newegg-stock-skyrocketed-42-on-tuesday/?utm_source=GS-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The online retailer had great news for gamers in search of popular NVIDIA graphics cards.\n\nWhat happened\nShares of Newegg Commerce (NASDAQ:NEGG), a consumer electronics-focused online retailer, soared...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/07/why-newegg-stock-skyrocketed-42-on-tuesday/?utm_source=GS-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEGG":"Newegg Comm Inc."},"source_url":"https://www.fool.com/investing/2021/07/07/why-newegg-stock-skyrocketed-42-on-tuesday/?utm_source=GS-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157321774","content_text":"The online retailer had great news for gamers in search of popular NVIDIA graphics cards.\n\nWhat happened\nShares of Newegg Commerce (NASDAQ:NEGG), a consumer electronics-focused online retailer, soared 148.42% on Wednesday, powered by news that delighted gamers in search of hard-to-getNVIDIA(NASDAQ:NVDA)GeForce RTX GPUs (graphics processing units).\n\nNewegg just came public on May 20 via a reverse merger with a special purpose acquisition company (SPAC). Through Tuesday, shares are up a whopping 195% in the approximately one and a half months that the stock has been publicly traded. TheS&P 500returned 5.7% over this period.\nSo what\nOn Tuesday, four models of NVIDIA's hard-to-find GeForce RTX graphics cards were available on Newegg Shuffle, which is its product lottery for popular products, according to Tech Radar. The models were reportedly the RTX 3060, RTX 3070, RTX 3070 Ti, and RTX 3090.\nNVIDIA's newer gaming GPUs are being snapped up extremely quickly by both gamers and some cryptocurrency miners, so the chance to win the opportunity to buy one of the popular models at a reasonable retail price surely delighted many folks.\nOn Wednesday Newegg announced that it will offer professional PC assembly to customers who design their own computers on the Newegg PC Builder. The Company’s build-to-order (BTO) offering takes advantage of Newegg’s ENIAC in-house computer assembly service to build and deliver fully assembled computers significantly faster than other competitive BTO offerings.\nNow what\nIt makes sense that investors viewed it as a positive that Newegg has a stock of popular NVIDIA graphics cards, while other big retailers are sold out. It's possible this could also suggest the company could be more successful than some peers in obtaining inventory of other select products that are in demand.\nThat said, Wednesday's nearly 150% surge in the stock was significantly overdone, in my view.\nNewegg hasn't yet announced a date for the release of its first quarterly report as a public company, so we don't know when more material news will be coming.\nI'd suggest that NVIDIA stock seems the best way to play the shortage of the company's GeForce RTX graphics cards.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178393869,"gmtCreate":1626787229451,"gmtModify":1633771061578,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy ","listText":"Buy ","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/178393869","repostId":"1117620888","repostType":4,"repost":{"id":"1117620888","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626769963,"share":"https://www.laohu8.com/m/news/1117620888?lang=&edition=full","pubTime":"2021-07-20 16:32","market":"us","language":"en","title":"Economic Data Scheduled For Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1117620888","media":"Benzinga","summary":"Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual","content":"<ul>\n <li>Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual is projected for starts in June up from May's 1.572 million rate. Analysts expect permits at 1.700 million in June compared to 1.683 million a month ago.</li>\n <li>The Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.</li>\n</ul>","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>Economic Data Scheduled For Tuesday</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\">\nEconomic Data Scheduled For Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-20 16:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual is projected for starts in June up from May's 1.572 million rate. Analysts expect permits at 1.700 million in June compared to 1.683 million a month ago.</li>\n <li>The Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117620888","content_text":"Data on housing starts and permits for June will be released at 8:30 a.m. ET. A 1.590 million annual is projected for starts in June up from May's 1.572 million rate. Analysts expect permits at 1.700 million in June compared to 1.683 million a month ago.\nThe Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173339540,"gmtCreate":1626614006480,"gmtModify":1633925493968,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173339540","repostId":"2152894306","repostType":4,"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146510243,"gmtCreate":1626090042582,"gmtModify":1633930273903,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146510243","repostId":"1127514414","repostType":4,"repost":{"id":"1127514414","pubTimestamp":1626089490,"share":"https://www.laohu8.com/m/news/1127514414?lang=&edition=full","pubTime":"2021-07-12 19:31","market":"us","language":"en","title":"BMO says buy Chevron as oil giant will hike dividend and resume buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1127514414","media":"CNBC","summary":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart be","content":"<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.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>BMO says buy Chevron as oil giant will hike dividend and resume buybacks</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\">\nBMO says buy Chevron as oil giant will hike dividend and resume buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 19:31 GMT+8 <a href=https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1127514414","content_text":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with an outperform rating, saying in a note to clients on Monday that Chevron was poised to generate a ton of cash over the next 18 months and the shares look undervalued.\n“We expect Chevron to achieve 2021 and 2022 [cash flow from operations] of $27.1Bn and $33.5Bn, which equate to [free cash flow] of $17.9Bn and $22.6Bn. ... Over the past six months, Chevron shares have lagged other upstream producers despite having similar cash flow leverage to higher oil prices,” the note said.\nThat extra cash will likely be distributed to shareholders, Jungwirth wrote.\n“We think Chevron is in a strong position to increase shareholder returns and assume 5% dividend growth and a resumption of $2.4Bn in share buybacks beginning 2022+,” the note said. The company suspended buybacks in March 2020 due to the pandemic.\nThe stock has gained 23% year to date, which is outpacing the broader market but lagging the oil and gas industry.\nBMO set a price target of $123 per share for Chevron. That is 18% above where the stock closed on Friday.\nJungwirth also initiated coverage of Exxon Mobilon Monday, rating the stock as market perform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173293727,"gmtCreate":1626660623869,"gmtModify":1633925154372,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Noted ","listText":"Noted ","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/173293727","repostId":"1156209584","repostType":4,"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179365390,"gmtCreate":1626487294310,"gmtModify":1633926331046,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179365390","repostId":"2151507804","repostType":4,"repost":{"id":"2151507804","pubTimestamp":1626443835,"share":"https://www.laohu8.com/m/news/2151507804?lang=&edition=full","pubTime":"2021-07-16 21:57","market":"us","language":"en","title":"Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands","url":"https://stock-news.laohu8.com/highlight/detail?id=2151507804","media":"Reuters","summary":"MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio","content":"<p>MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.</p>\n<p>The mobile and broadband operator said that Nokia and Ericsson would share usage of the frequency bands equally until 2026, but without any changes to each network's geographical distribution.</p>\n<p>Telefonica said the move would allow it to focus on improving its standalone 5G offering.</p>\n<p>\"It's a long-term contract, which is the most appropriate scenario for Telefonica as it maintains 4G providers in place and gives us stability to roll out and develop 5G,\" Telefonica's head of Operations and Network Joaquin Mata said in a statement.</p>\n<p>\"In 5G, all the providers have demonstrated they're supremely prepared... and we feel very comfortable having the best technological partners.\"</p>\n<p>The 700MHz band will be up for grabs before the 21st July, in a twice-delayed auction in which operators <a href=\"https://laohu8.com/S/ORAN\">Orange</a>, Telefonica, and Vodafone have all expressed interest.</p>\n<p>The contracts include the possibility of the Scandinavian operators expanding current 4G services or migrating to 5G depending on their needs.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands</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\">\nTelefonica awards Nokia and Ericsson equal use of its Spanish 5G bands\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 21:57 GMT+8 <a href=https://finance.yahoo.com/news/telefonica-awards-nokia-ericsson-equal-133315377.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.\nThe mobile and broadband ...</p>\n\n<a href=\"https://finance.yahoo.com/news/telefonica-awards-nokia-ericsson-equal-133315377.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ERIC":"爱立信","NOK":"诺基亚","TEF":"西班牙电信"},"source_url":"https://finance.yahoo.com/news/telefonica-awards-nokia-ericsson-equal-133315377.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151507804","content_text":"MADRID (Reuters) - Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.\nThe mobile and broadband operator said that Nokia and Ericsson would share usage of the frequency bands equally until 2026, but without any changes to each network's geographical distribution.\nTelefonica said the move would allow it to focus on improving its standalone 5G offering.\n\"It's a long-term contract, which is the most appropriate scenario for Telefonica as it maintains 4G providers in place and gives us stability to roll out and develop 5G,\" Telefonica's head of Operations and Network Joaquin Mata said in a statement.\n\"In 5G, all the providers have demonstrated they're supremely prepared... and we feel very comfortable having the best technological partners.\"\nThe 700MHz band will be up for grabs before the 21st July, in a twice-delayed auction in which operators Orange, Telefonica, and Vodafone have all expressed interest.\nThe contracts include the possibility of the Scandinavian operators expanding current 4G services or migrating to 5G depending on their needs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142240754,"gmtCreate":1626156012478,"gmtModify":1633929552677,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/142240754","repostId":"1161408787","repostType":4,"repost":{"id":"1161408787","pubTimestamp":1626147401,"share":"https://www.laohu8.com/m/news/1161408787?lang=&edition=full","pubTime":"2021-07-13 11:36","market":"us","language":"en","title":"Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408787","media":"zerohedge","summary":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan exec","content":"<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.</p>\n<p>We won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”</p>\n<p>Perhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.</p>\n<p>Of course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.</p>\n<p>The reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),<b>\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover. This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.</b></p>\n<p><img src=\"https://static.tigerbbs.com/ce30e31759284bfbf1d8923cb4149bfc\" tg-width=\"725\" tg-height=\"534\"></p>\n<p>Another way of putting it:<b>an asset with a $600 billion market cap has a float of just $30 billion.</b>Which is remarkable as it means that<b>no whales</b>sold bitcoin when it hit its all time high of $65,000.<b>And if they didn't sell then, they certainly won't sell now when it's half that price.</b></p>\n<p>This, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.</p>\n<p>The question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.</p>\n<p>Which means that we are now in the<i>\"weak hands\" shake out and whale accumulation</i>phase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.</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>Just 5% Of All Bitcoins In Circulation Have Traded In The Past Year</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\">\nJust 5% Of All Bitcoins In Circulation Have Traded In The Past Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 11:36 GMT+8 <a href=https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year\">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.zerohedge.com/markets/just-5-all-bitcoins-circulation-have-traded-past-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408787","content_text":"In JPMorgan's latest weekly bitcoin hit piece (because for some \"inexplicable\" reason, JPMorgan executive have instructed most of the bank's strategists, including those covering equity and rates, to slam the cryptocurrency on a weekly if not daily basis while the bank quietlybuilds out its own proprietary crypto fund, almost as if it is desperate to scare its clients into selling), the bank makes an interesting argument: bitcoin is not liquid enough to be successfully implemented as a legal tender in El Salvador.\nWe won't speak to the validity of JPM's argument - we will soon find out first hand whether or not El Salvador made a mistake in adopting bitcoin as legal tender - although it certainly is simple enough: “daily payment activity in El Salvador would represent ~4% of recent on-chain transaction volume and more than 1% of the total value of tokens which have been transferred between wallets in the past year,” the report said, with the illiquidity and nature of the volume “potentially a significant limitation on its potential as a medium of exchange.”\nPerhaps, then again in its brief history bitcoin has certainly demonstrated that it is remarkably scalable and viable even without a central bank propping it up every time there is even a modest risk-flaring hiccup, which is much more than we could ever say about the global stock market or currencies such as Europe's \"whatever it takes\" euro.\nOf course, JPMorgan - a bank that directly benefited form more than one multibilion bailout - will be the last to admit just how much sustainable the cryptocurrency has become, which is why we will ignore the bank's latest round of propaganda, but will point out an interesting fact unearthed by JPMorgan: it goes straight to the heart of the recurring argument why bitcoin is so volatile.\nThe reason, as JPM has discovered, is that bitcoin's float may be as little as 5%, if not less. Discussing the daily trading volumes of bitcoin, JPM notes that a large fraction of Bitcoin are locked up in illiquid entities (liquidity sinks),\"with more than 90% not changing hands in more than a year\" while roughly 80% - and rising - are held by wallets with light turnover. This means that a paltry 5-10% of all bitcoin in circulation has traded in the past year.\n\nAnother way of putting it:an asset with a $600 billion market cap has a float of just $30 billion.Which is remarkable as it means thatno whalessold bitcoin when it hit its all time high of $65,000.And if they didn't sell then, they certainly won't sell now when it's half that price.\nThis, more than anything else, explains why bitcoin - an asset whose market cap was more than a $1 trillion as recently as April - is so extremely volatile: with the vast majority of bitcoin locked up or held by whale accounts who rarely if ever trade, the marginal price setter of bitcoin are odd lots - a burst of trading in fractions of a bitcoin, where the momentum in many cases is ignited and magnified by HFTs who then shape the movement of the crypto in hopes of hitting the max pain stop loss positions for other cryptos, and where as a result of such a unique trading environment, the price of bitcoin can swing 10%, 15% , or even 20% or more every day.\nThe question we have is during liquidation pukes like the one observed recently, how much of the newly released bitcoin are gobbled up by existing or new whales. Judging by the gray line in the chart above, the answer is a record amount.\nWhich means that we are now in the\"weak hands\" shake out and whale accumulationphase. And once the new generation of whales has bought enough, that's when the next squeeze higher will take place, sending the crypto currency and its peers to fresh all time highs. Because if there is one thing that is very easy to do with an asset whose float is as low as bitcoin's, it is to manipulate it as a handful of big players want.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149223008,"gmtCreate":1625731656204,"gmtModify":1633937922148,"author":{"id":"4087297462574060","authorId":"4087297462574060","name":"Kukudosmin","avatar":"https://static.tigerbbs.com/fe82a55d4d107e643c3d79336bd97bb3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087297462574060","authorIdStr":"4087297462574060"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149223008","repostId":"1150920713","repostType":4,"repost":{"id":"1150920713","pubTimestamp":1625729674,"share":"https://www.laohu8.com/m/news/1150920713?lang=&edition=full","pubTime":"2021-07-08 15:34","market":"us","language":"en","title":"States Target Google Play Store Practices in Antitrust Suit","url":"https://stock-news.laohu8.com/highlight/detail?id=1150920713","media":"WSJ","summary":"Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Go","content":"<p>Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Google on Wednesday, alleging that the company operates an illegal monopoly with its Google Play app store.</p>\n<p>The bipartisan antitrust suit adds to the company’s mounting legal challenges. Led by the state of Utah and filed in the U.S. District Court for the Northern District of California, it alleges that the company has monopolized the distribution of apps on mobile devices that run the Google-owned Android operating system, blocking competition through contracts, technical barriers and other means.</p>\n<p>In a blog post, Google said it provides an open operating system in which customers are free to download apps directly from developers’ websites.</p>\n<p>“It’s strange that a group of state attorneys general chose to file a lawsuit attacking a system that provides more openness and choice than others,” wrote Wilson White, senior director of public policy.</p>\n<p>Over the past year, Google has faced lawsuits from state and federal officials over its dominance of search advertising and its ad tech business.</p>\n<p>Google has built a multibillion-dollar digital empire over the past decade by becoming the primary gatekeeper for apps that are downloaded to smartphones using its Android operating system. It requires apps distributed through its Play Store to use a Google payment system and collects a 15% to 30% service fee on sales.</p>\n<p>The states’ lawsuit challenges Google’s description of Android as an open operating system.</p>\n<p>It targets the in-app payment requirement, saying it has allowed Google to monopolize in-app payments on Android phones and charge excessive commissions.</p>\n<p>Practices such as those harm consumers by raising the prices of apps and weakening competition between developers that could lead to more secure apps with better features, the suit alleges.</p>\n<p>The states also accuse Google of trying to “buy off”Samsung ElectronicsCo., a manufacturer of smartphones.</p>\n<p>Samsung’s Galaxy app store competes with Google Play, and Google offered to compensate Samsung if the latter company would “give up its direct commercial relationships in app distribution with consumers and developers,” the suit alleges. Samsung didn’t respond to a request for comment.</p>\n<p>The case from the states against Google’s app store follows an antitrust case filed by Epic Games Inc., which alleged that Google acted in an anticompetitive way in operating the store and eventually pulling the company’s “Fortnite” game from its virtual shelves. Epic has a similar lawsuit againstAppleInc.</p>\n<p>In a tweet, Epic Chief Executive Tim Sweeney said Google blocks competition on Android phones. “It’s tragic that the ‘Don’t Be Evil’ company let it come to this,” he wrote.</p>\n<p>Thestates began their investigationinto Google about two years ago. Over the course of the following year, attorneys general focused on separate areas of Google’s business with an eye on bringing a single suit against the search company, according to people familiar with the matter.</p>\n<p>Instead of one case, the states split up across several issues. Utah Attorney General Sean Reyes deemed the Play Store anticompetitive last year and planned to bring a suit, but decided to wait until 2021 after Colorado and Texas filed separate suits against Google’s search and ad tech businesses, according to these people.</p>\n<p>The Justice Department isscrutinizing the business practicesof Apple. The state investigation of Google began sooner, according to people familiar with the matter, and was further along than the Apple probe.</p>\n<p>The suit filed Wednesday came days after Google updated its Play Store policy, requiring developers to use a proprietary application format for apps distributed through its store. The company said the change reduces app size to speed downloads for users. The policy update triggered criticism from developers who alleged that it would lock apps into the Play Store and discourage competing distributors.</p>\n<p>The updated policy influenced the timing of the Utah filing, the people familiar with the matter said.</p>\n<p>The case could be difficult for states to win. Unlike Apple, which exclusively distributes apps through its store, Android device owners can access apps through other app marketplaces. Proponents of the case argue that the market share of those competitors is dwarfed by Google.</p>\n<p>The Utah-led lawsuit says that the Play store has a 90% share of app distribution on Android phones and that no competitor has more than a 5% share. It says that Google’s rules restrict direct downloads of apps and only allows so-called sideloading to “maintain its image of ‘openness.’”</p>\n<p>Google earlier this year reduced its commission on Play store sales,cutting its fees to 15% from 30%on the first $1 million developers earn. Roughly $38.6 billion was spent in the Play store last year, while the App Store generated $72.3 billion, according to Sensor Tower, a firm that tracks the app industry.</p>\n<p>The timing of a trial over the Play store will be determined in the months ahead. The Justice Department’s antitrust suit against Google is scheduled for trial in 2023, targeting its dominant search-engine business. Two other ongoing state antitrust lawsuits are set to begin at about the same time.</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>States Target Google Play Store Practices in Antitrust Suit</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\">\nStates Target Google Play Store Practices in Antitrust Suit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 15:34 GMT+8 <a href=https://www.wsj.com/articles/states-target-google-play-store-in-antitrust-suit-11625694096?mod=hp_lead_pos1><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Google on Wednesday, alleging that the company operates an illegal monopoly with its Google Play app ...</p>\n\n<a href=\"https://www.wsj.com/articles/states-target-google-play-store-in-antitrust-suit-11625694096?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌"},"source_url":"https://www.wsj.com/articles/states-target-google-play-store-in-antitrust-suit-11625694096?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150920713","content_text":"Three dozen states and the District of Columbia filed an antitrust lawsuit against AlphabetInc.’s Google on Wednesday, alleging that the company operates an illegal monopoly with its Google Play app store.\nThe bipartisan antitrust suit adds to the company’s mounting legal challenges. Led by the state of Utah and filed in the U.S. District Court for the Northern District of California, it alleges that the company has monopolized the distribution of apps on mobile devices that run the Google-owned Android operating system, blocking competition through contracts, technical barriers and other means.\nIn a blog post, Google said it provides an open operating system in which customers are free to download apps directly from developers’ websites.\n“It’s strange that a group of state attorneys general chose to file a lawsuit attacking a system that provides more openness and choice than others,” wrote Wilson White, senior director of public policy.\nOver the past year, Google has faced lawsuits from state and federal officials over its dominance of search advertising and its ad tech business.\nGoogle has built a multibillion-dollar digital empire over the past decade by becoming the primary gatekeeper for apps that are downloaded to smartphones using its Android operating system. It requires apps distributed through its Play Store to use a Google payment system and collects a 15% to 30% service fee on sales.\nThe states’ lawsuit challenges Google’s description of Android as an open operating system.\nIt targets the in-app payment requirement, saying it has allowed Google to monopolize in-app payments on Android phones and charge excessive commissions.\nPractices such as those harm consumers by raising the prices of apps and weakening competition between developers that could lead to more secure apps with better features, the suit alleges.\nThe states also accuse Google of trying to “buy off”Samsung ElectronicsCo., a manufacturer of smartphones.\nSamsung’s Galaxy app store competes with Google Play, and Google offered to compensate Samsung if the latter company would “give up its direct commercial relationships in app distribution with consumers and developers,” the suit alleges. Samsung didn’t respond to a request for comment.\nThe case from the states against Google’s app store follows an antitrust case filed by Epic Games Inc., which alleged that Google acted in an anticompetitive way in operating the store and eventually pulling the company’s “Fortnite” game from its virtual shelves. Epic has a similar lawsuit againstAppleInc.\nIn a tweet, Epic Chief Executive Tim Sweeney said Google blocks competition on Android phones. “It’s tragic that the ‘Don’t Be Evil’ company let it come to this,” he wrote.\nThestates began their investigationinto Google about two years ago. Over the course of the following year, attorneys general focused on separate areas of Google’s business with an eye on bringing a single suit against the search company, according to people familiar with the matter.\nInstead of one case, the states split up across several issues. Utah Attorney General Sean Reyes deemed the Play Store anticompetitive last year and planned to bring a suit, but decided to wait until 2021 after Colorado and Texas filed separate suits against Google’s search and ad tech businesses, according to these people.\nThe Justice Department isscrutinizing the business practicesof Apple. The state investigation of Google began sooner, according to people familiar with the matter, and was further along than the Apple probe.\nThe suit filed Wednesday came days after Google updated its Play Store policy, requiring developers to use a proprietary application format for apps distributed through its store. The company said the change reduces app size to speed downloads for users. The policy update triggered criticism from developers who alleged that it would lock apps into the Play Store and discourage competing distributors.\nThe updated policy influenced the timing of the Utah filing, the people familiar with the matter said.\nThe case could be difficult for states to win. Unlike Apple, which exclusively distributes apps through its store, Android device owners can access apps through other app marketplaces. Proponents of the case argue that the market share of those competitors is dwarfed by Google.\nThe Utah-led lawsuit says that the Play store has a 90% share of app distribution on Android phones and that no competitor has more than a 5% share. It says that Google’s rules restrict direct downloads of apps and only allows so-called sideloading to “maintain its image of ‘openness.’”\nGoogle earlier this year reduced its commission on Play store sales,cutting its fees to 15% from 30%on the first $1 million developers earn. Roughly $38.6 billion was spent in the Play store last year, while the App Store generated $72.3 billion, according to Sensor Tower, a firm that tracks the app industry.\nThe timing of a trial over the Play store will be determined in the months ahead. The Justice Department’s antitrust suit against Google is scheduled for trial in 2023, targeting its dominant search-engine business. Two other ongoing state antitrust lawsuits are set to begin at about the same time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}