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2021-11-22

They’ve been saying this for a while now.

JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away

2021-11-14

Good 👍

These are the next three mega-cap tech stocks you’ll be hearing more about

2021-11-05

Cool

抱歉，原内容已删除

2021-10-29

MAANG

FAANG stocks acronym: what happens when Facebook becomes Meta?

2021-10-28

Will Tesla go higher?

Tesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October

2021-10-22

Good deal👍

抱歉，原内容已删除

2021-10-21

Good

UBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ

2021-09-23

Ouch

抱歉，原内容已删除

2021-09-17

It is going down further

Oil dips as U.S. storm-hit supply makes slow return

2021-09-13

Thanks

Retail sales, Consumer Price Index: What to know this week

2021-09-12

No

Should You Buy Peloton Before It Goes Back Up?

2021-09-11

A new innovation from RIM can change theirprospects

BlackBerry Has a Chance at Turning Into a Growth Stock

2021-09-07

It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge

Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender

2021-09-06

No

Is the U.S. stock market open on Labor Day?

2021-09-05

Time will tell if this works.

Beat the market with this quant system that’s very bullish on stocks at record highs

2021-09-04

Wonder where this is going to end

抱歉，原内容已删除

2021-09-03

BTC’s for 70k👍

Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today

去老虎APP查看更多动态

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been saying this for a while now.&nbsp;","listText":"They’ve been saying this for a while now.&nbsp;","text":"They’ve been saying this for a while now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872423426","repostId":"1142428650","repostType":4,"repost":{"id":"1142428650","kind":"news","pubTimestamp":1637562624,"share":"https://www.laohu8.com/m/news/1142428650?lang=&edition=full","pubTime":"2021-11-22 14:30","market":"us","language":"en","title":"JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away","url":"https://stock-news.laohu8.com/highlight/detail?id=1142428650","media":"Zero Hedge","summary":"Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet a","content":"<p>Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet another paradox had emerged: on one hand, Wall Street professionals were&nbsp;<b>the most overweight stocks since 2013,</b>while on the other&nbsp;<b>virtually nobody was expecting a stronger global economy in the future,</b>an unprecedented divergence between these two data sets the likes of which has never once been seen in survey history.</p>\n<p><img src=\"https://static.tigerbbs.com/472afa8a6b8413291bc167343a25982a\" tg-width=\"500\" tg-height=\"276\" width=\"100%\" height=\"auto\"></p>\n<p>How does one make sense of this historic gap? Well, one doesn't - this is just Wall Street goalseeking any and all scenarios to make it seems that being all in risk is the only possible trade, and the only way this particular goalseek does not blow up is if the finance bros also \"believe\" that inflation is transitory (something not even the Fed is doing anymore), as a persistent inflation would lead to a painful repricing of all asset classes sharply lower. That's why despite sharply higher than expected October inflation data, a majority of FMS investors acknowledge that inflation is a risk but only 35% think it is permanent while 61% think it is transitory...</p>\n<p><img src=\"https://static.tigerbbs.com/2d208292bf564071339dc0b471577c20\" tg-width=\"500\" tg-height=\"271\" width=\"100%\" height=\"auto\"></p>\n<p>...while a net 14% of investors now expect global inflation will be lower, the lowest level since the onslaught of COVID-19 in Mar’20. In other words, 51% of investors expect lower inflation while 37% expect higher inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/5bc4803979a4e56a1e64b2801cffdeea\" tg-width=\"500\" tg-height=\"280\" width=\"100%\" height=\"auto\"></p>\n<p>Setting aside how laughable Wall Street's delusion with \"transitory\" inflation has become when it is by now painfully obvious that prices will not revert to previous levels and at best will see the pace of galloping increase moderate somewhat, although in light of persistent wage growth one can just as easily argue that inflation will keep surging for years, the bigger question is what happens when the day of reckoning comes and Wall Street's conviction of transitory inflation comes crashing down - say we get another 2-3 outlier CPI prints; forcing Wall Street to stop ignoring the imminent threat posed by surging inflation.</p>\n<p>Trying to answer this question is JPMorgan quant Nick Panigirtzoglou, who in his latest&nbsp;<b>Flows and Liquidity</b>&nbsp;note titled \"<i>What if the rise in inflation volatility persists?</i>\" note (available to pro subs in the usual place) looks at what would happen to stocks if inflation volatility surges.</p>\n<p>The reason why is because as the Greek strategist explains, in his longer-term fair value framework for 10y real yields and the S&amp;P 500,<i>\"inflation volatility is an important input as a proxy for term premia in the former and for risk premia in the latter.\"</i>&nbsp; And with upside inflation shocks in the US and UK in the last week, JPMorgan notes that \"the question of the persistence of inflation has again featured heavily in our discussions with clients\" while the steep rise in inflation readings \"has also raised questions over inflation volatility.\"</p>\n<p>In other words,<b>what does a rise in inflation vol imply for real rates and equities?</b>To answer this question JPM updates its long-term fair value model for 10y UST yields and the S&amp;P 500.</p>\n<p>First, some background: Turning first to the former, the JPM model values the 10y real yield as a function of the real Fed funds rate, inflation volatility as a proxy for term premia, and three major components of net demand for dollar capital: from government, corporate and emerging market issuers. The bank measures these as the government deficit, the corporate financing gap (the difference between capex and corporate cash flow), and the EM current account balance, all as a % of US GDP.</p>\n<p>In theory, higher deficits by governments and corporates (ought to) exert upward pressure on yields as overall demand for capital rises, while external surpluses of EM countries ought to push US yields lower due to repayments of dollar-denominated debt and/or dollar asset accumulation by their central banks.</p>\n<p>In the JPM model, inflation volatility has a significant influence given a coefficient of 0.75. In other words,<b>a 100bp increase in inflation volatility would put 75bp of upward pressure on 10y real yields.</b>The next chart shows the 5y moving average of US CPI volatility over time, which shows that&nbsp;<b>inflation volatility has already risen markedly, from around 0.6% in 1Q21 to 1.6% after the October CPI release.</b>According to JPM, this metric looks likely to rise further, potentially to around 2.2% during 1H22 based on the bank's economists’ inflation forecasts before starting to drift lower.</p>\n<p>Based on JPM calculations,<b>the increase in inflation volatility that has already taken place would push up 10y real rates by 75bp.</b>And if inflation vol drifts further to 2.2% it could put an additional 40bp of upward pressure on real rates. In this risk scenario where inflation vol proves persistent and is fully incorporated into term premia in rate markets,<b>it would suggest a fair value for the 10y UST real yield of +40bp.</b></p>\n<p><img src=\"https://static.tigerbbs.com/023a11991b0ffce6fc93ec6dcf70fe8b\" tg-width=\"500\" tg-height=\"366\" width=\"100%\" height=\"auto\"></p>\n<p>As a quick aside, JPM here asks why do real yields remain so low, which as a reminder is the market's $64 trillion question as we discussed in \"The Most Important Question For The Market Is Identifying The Driver Behind Record Low Negative Real Rates\"? JPMorgan's response is that this is partly because markets price in negative real policy rates even a decade out. This is shown in the next chart which depicts&nbsp;<b>1m forward USD OIS rates starting in mid-December of each year and the 5-10y ahead inflation forecast from Consensus expectations.</b></p>\n<p><img src=\"https://static.tigerbbs.com/ccd80df0ef5e73ce1ed687c8f5affbf0\" tg-width=\"500\" tg-height=\"415\" width=\"100%\" height=\"auto\"></p>\n<p>This pricing also&nbsp;<i><b>stands in contrast</b></i>&nbsp;with JPM economists’ own revised Fed forecast of a start of the hiking cycle in September 2022 and quarterly 25bp hikes thereafter at least until real policy rates reach zero (2022 US economic outlook, Feroli et al, Nov 17th). This would&nbsp;suggest policy rates reaching&nbsp;2% by mid-2024 and potentially 2.5% by end-2024.</p>\n<p>Meanwhile, the broader bond market has - similar to the BofA Fund Manager Survey respondents -&nbsp; looked through the rise in inflation volatility thus far, \"treating it as a transitory shock.\" However, as Panigirtzoglou warns, \"<b>if inflation volatility remains elevated, say fluctuating around 1.5-2% for a prolonged period, this could start to put more meaningful upward pressure on term premia.\"</b>This could further be compounded by the Fed’s taper, given that one of the channels that QE operates through is via suppressing term premia.</p>\n<p>Bonds aside, what about the implications of a rise in inflation vol for equities, the one asset class which seems impervious to absolutely all negative newsflow and is only dependent on how much liquidity central banks will inject at any one moment?</p>\n<p>Well, as the JPM strategist notes, he had argued previously that equity markets have effectively looked through not only the surge in inflation vol but also the the rise in real GDP volatility, given the significant policy support from fiscal and monetary authorities. Effectively,</p>\n<p>following policy measures to smooth the impact of the pandemic on incomes and avoid a situation where disorderly markets, particularly credit markets, amplify the shock,<b>equity markets focused more on the eventual recovery in earnings than on the near term vol shock.</b>Indeed, after the Q2 2020 real GDP contraction in excess of 30% and the Q3 2020 expansion of a similar magnitude, the volatility of GDP readings has been markedly more modest – this is shown in Figure 6 with the red line, which excludes 2Q20 and 3Q20 from the exponentially weighted real GDP volatility calculation. In other words, the run rate of real GDP volatility, while still above pre-pandemic levels, has already shown signs of normalizing.</p>\n<p><img src=\"https://static.tigerbbs.com/600898b64dd12b6a2ec35d9d75603d35\" tg-width=\"500\" tg-height=\"415\" width=\"100%\" height=\"auto\"></p>\n<p>So how have equity markets processed the other vol shock, that of inflation? The next chart shows how JPM's fair value model would look like with three different scenarios applying after 1Q20.</p>\n<ul>\n <li>The first, shown in as the grey dotted line,<b>mechanically applies the headline increase in both real GDP and inflation vol.</b></li>\n <li>The second scenario looks through the shock in real GDP vol but incorporates the headline increase in inflation vol, shown as the black dotted line.</li>\n <li>The third and final scenario (red dotted line) assumes markets look through&nbsp;<b>both the real GDP vol shock as well as the rise in inflation vol.</b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/8aa93bbfad9e6ca54f47b040c62b688b\" tg-width=\"500\" tg-height=\"406\" width=\"100%\" height=\"auto\"></p>\n<p>Since the blue line - which is the actual S&amp;P500-&nbsp; has been tracking the red dotted line, it suggests that&nbsp;<b>equity markets have looked through both volatility shocks, effectively assuming both will prove to be temporary.</b></p>\n<p>As noted above, the run-rate of real GDP vol excluding the 2Q20 and 3Q20 swings around the trough of the pandemic-induced recession has already shown signs of normalizing, which suggests that markets looking through the real GDP vol shock has been a reasonable approach.</p>\n<p>And while it is clear that consensus is, as in the case of the FMS, that any kind of economic shock will be transitory, is it equally reasonable for both equity and bond markets to look through the inflation volatility shock?</p>\n<p>According to JPM, this ultimately depends on the nature of the current inflation shock. As the bank recent argued in last week's J.P. Morgan View last week, a big reason behind the inflation vol has come from energy prices and re-opening components, such as used and rental cars, vehicle insurance, lodging, airfares and food away from home, undoubtedly more affected by the Delta variant waves, and the fading of these drags has generated a rebound in services activity that is sparking a normalization in prices (at least until the current spike in cases leads to another round of lockdowns as we have already seen in Austria).</p>\n<p><img src=\"https://static.tigerbbs.com/07c47b449dd628ac3e9ae43a224334b2\" tg-width=\"500\" tg-height=\"366\" width=\"100%\" height=\"auto\"></p>\n<p>According to Panigirtzoglou, who like his quant colleague Marko Kolanovic has traditionally been extremely bullish on stocks and bearish on cryptos - because any agent of the establishment system can not possibly support both fiat-driven and digital gold-based assets -&nbsp; these volatile components \"should ultimately stabilize and the accompanying volatility they have induced should fade.\" Of course, this is almost completely wrong, just as wrong as Goldman's monthly inflation forecasts for all of 2021, and JPM does in fact admit that it could be wrong conceding that \"there has been some upward pressure on inflation readings beyond these components, pointing to some persistence in inflation risks.\" Then again, in keeping with the bank's bullish mandate, Panigirtzoglou concldues that \"provided these persistent pressures do not also become more volatile, or provided market participants have confidence that central banks will respond to contain these pressures, markets can still look through inflation volatility.\"</p>\n<p>However, in a surprising reversal from the bank's uniform and stbborn bullishness, the JPM quant acknowledges&nbsp;<b>there is risk that inflation volatility could stay elevated for a longer period, which could eventually feed through to markets pricing in higher term premia and risk premia that would put upward pressure on real yields and downward pressure on equities.</b></p>\n<p>The outcome for stocks?<b>An S&amp;P500 which collapses to its \"fair value\" of 2,500 as all those inflation and GDP shocks that the market has so eagerly ignored so far, turn out to be persistent, and crush risk assets.</b></p>\n<p>However, before anyone goes and accuses JPMorgan of being bearish, Panigirtzoglou emphasizes \"that this is a risk scenario, not a&nbsp; baseline view.\" Translation: \"<b>this is what will happen, we just don't want to tell our bullish clients just yet.\"</b></p>","source":"lsy1637562375790","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>JPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Warns S&P Fair Value Is 2,500 If Inflation Shocks Do Not Fade Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-22 14:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/jpmorgan-warns-sp-fair-value-2500-if-inflation-shocks-accelerate><strong>Zero Hedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet another paradox had emerged: on one hand, Wall Street professionals were the most overweight stocks ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/jpmorgan-warns-sp-fair-value-2500-if-inflation-shocks-accelerate\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/jpmorgan-warns-sp-fair-value-2500-if-inflation-shocks-accelerate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142428650","content_text":"Last week, when discussing the latest Bank of America Fund Manager Survey, we pointed out that yet another paradox had emerged: on one hand, Wall Street professionals were the most overweight stocks since 2013,while on the other virtually nobody was expecting a stronger global economy in the future,an unprecedented divergence between these two data sets the likes of which has never once been seen in survey history.\n\nHow does one make sense of this historic gap? Well, one doesn't - this is just Wall Street goalseeking any and all scenarios to make it seems that being all in risk is the only possible trade, and the only way this particular goalseek does not blow up is if the finance bros also \"believe\" that inflation is transitory (something not even the Fed is doing anymore), as a persistent inflation would lead to a painful repricing of all asset classes sharply lower. That's why despite sharply higher than expected October inflation data, a majority of FMS investors acknowledge that inflation is a risk but only 35% think it is permanent while 61% think it is transitory...\n\n...while a net 14% of investors now expect global inflation will be lower, the lowest level since the onslaught of COVID-19 in Mar’20. In other words, 51% of investors expect lower inflation while 37% expect higher inflation.\n\nSetting aside how laughable Wall Street's delusion with \"transitory\" inflation has become when it is by now painfully obvious that prices will not revert to previous levels and at best will see the pace of galloping increase moderate somewhat, although in light of persistent wage growth one can just as easily argue that inflation will keep surging for years, the bigger question is what happens when the day of reckoning comes and Wall Street's conviction of transitory inflation comes crashing down - say we get another 2-3 outlier CPI prints; forcing Wall Street to stop ignoring the imminent threat posed by surging inflation.\nTrying to answer this question is JPMorgan quant Nick Panigirtzoglou, who in his latest Flows and Liquidity note titled \"What if the rise in inflation volatility persists?\" note (available to pro subs in the usual place) looks at what would happen to stocks if inflation volatility surges.\nThe reason why is because as the Greek strategist explains, in his longer-term fair value framework for 10y real yields and the S&P 500,\"inflation volatility is an important input as a proxy for term premia in the former and for risk premia in the latter.\"  And with upside inflation shocks in the US and UK in the last week, JPMorgan notes that \"the question of the persistence of inflation has again featured heavily in our discussions with clients\" while the steep rise in inflation readings \"has also raised questions over inflation volatility.\"\nIn other words,what does a rise in inflation vol imply for real rates and equities?To answer this question JPM updates its long-term fair value model for 10y UST yields and the S&P 500.\nFirst, some background: Turning first to the former, the JPM model values the 10y real yield as a function of the real Fed funds rate, inflation volatility as a proxy for term premia, and three major components of net demand for dollar capital: from government, corporate and emerging market issuers. The bank measures these as the government deficit, the corporate financing gap (the difference between capex and corporate cash flow), and the EM current account balance, all as a % of US GDP.\nIn theory, higher deficits by governments and corporates (ought to) exert upward pressure on yields as overall demand for capital rises, while external surpluses of EM countries ought to push US yields lower due to repayments of dollar-denominated debt and/or dollar asset accumulation by their central banks.\nIn the JPM model, inflation volatility has a significant influence given a coefficient of 0.75. In other words,a 100bp increase in inflation volatility would put 75bp of upward pressure on 10y real yields.The next chart shows the 5y moving average of US CPI volatility over time, which shows that inflation volatility has already risen markedly, from around 0.6% in 1Q21 to 1.6% after the October CPI release.According to JPM, this metric looks likely to rise further, potentially to around 2.2% during 1H22 based on the bank's economists’ inflation forecasts before starting to drift lower.\nBased on JPM calculations,the increase in inflation volatility that has already taken place would push up 10y real rates by 75bp.And if inflation vol drifts further to 2.2% it could put an additional 40bp of upward pressure on real rates. In this risk scenario where inflation vol proves persistent and is fully incorporated into term premia in rate markets,it would suggest a fair value for the 10y UST real yield of +40bp.\n\nAs a quick aside, JPM here asks why do real yields remain so low, which as a reminder is the market's $64 trillion question as we discussed in \"The Most Important Question For The Market Is Identifying The Driver Behind Record Low Negative Real Rates\"? JPMorgan's response is that this is partly because markets price in negative real policy rates even a decade out. This is shown in the next chart which depicts 1m forward USD OIS rates starting in mid-December of each year and the 5-10y ahead inflation forecast from Consensus expectations.\n\nThis pricing also stands in contrast with JPM economists’ own revised Fed forecast of a start of the hiking cycle in September 2022 and quarterly 25bp hikes thereafter at least until real policy rates reach zero (2022 US economic outlook, Feroli et al, Nov 17th). This would suggest policy rates reaching 2% by mid-2024 and potentially 2.5% by end-2024.\nMeanwhile, the broader bond market has - similar to the BofA Fund Manager Survey respondents -  looked through the rise in inflation volatility thus far, \"treating it as a transitory shock.\" However, as Panigirtzoglou warns, \"if inflation volatility remains elevated, say fluctuating around 1.5-2% for a prolonged period, this could start to put more meaningful upward pressure on term premia.\"This could further be compounded by the Fed’s taper, given that one of the channels that QE operates through is via suppressing term premia.\nBonds aside, what about the implications of a rise in inflation vol for equities, the one asset class which seems impervious to absolutely all negative newsflow and is only dependent on how much liquidity central banks will inject at any one moment?\nWell, as the JPM strategist notes, he had argued previously that equity markets have effectively looked through not only the surge in inflation vol but also the the rise in real GDP volatility, given the significant policy support from fiscal and monetary authorities. Effectively,\nfollowing policy measures to smooth the impact of the pandemic on incomes and avoid a situation where disorderly markets, particularly credit markets, amplify the shock,equity markets focused more on the eventual recovery in earnings than on the near term vol shock.Indeed, after the Q2 2020 real GDP contraction in excess of 30% and the Q3 2020 expansion of a similar magnitude, the volatility of GDP readings has been markedly more modest – this is shown in Figure 6 with the red line, which excludes 2Q20 and 3Q20 from the exponentially weighted real GDP volatility calculation. In other words, the run rate of real GDP volatility, while still above pre-pandemic levels, has already shown signs of normalizing.\n\nSo how have equity markets processed the other vol shock, that of inflation? The next chart shows how JPM's fair value model would look like with three different scenarios applying after 1Q20.\n\nThe first, shown in as the grey dotted line,mechanically applies the headline increase in both real GDP and inflation vol.\nThe second scenario looks through the shock in real GDP vol but incorporates the headline increase in inflation vol, shown as the black dotted line.\nThe third and final scenario (red dotted line) assumes markets look through both the real GDP vol shock as well as the rise in inflation vol.\n\n\nSince the blue line - which is the actual S&P500-  has been tracking the red dotted line, it suggests that equity markets have looked through both volatility shocks, effectively assuming both will prove to be temporary.\nAs noted above, the run-rate of real GDP vol excluding the 2Q20 and 3Q20 swings around the trough of the pandemic-induced recession has already shown signs of normalizing, which suggests that markets looking through the real GDP vol shock has been a reasonable approach.\nAnd while it is clear that consensus is, as in the case of the FMS, that any kind of economic shock will be transitory, is it equally reasonable for both equity and bond markets to look through the inflation volatility shock?\nAccording to JPM, this ultimately depends on the nature of the current inflation shock. As the bank recent argued in last week's J.P. Morgan View last week, a big reason behind the inflation vol has come from energy prices and re-opening components, such as used and rental cars, vehicle insurance, lodging, airfares and food away from home, undoubtedly more affected by the Delta variant waves, and the fading of these drags has generated a rebound in services activity that is sparking a normalization in prices (at least until the current spike in cases leads to another round of lockdowns as we have already seen in Austria).\n\nAccording to Panigirtzoglou, who like his quant colleague Marko Kolanovic has traditionally been extremely bullish on stocks and bearish on cryptos - because any agent of the establishment system can not possibly support both fiat-driven and digital gold-based assets -  these volatile components \"should ultimately stabilize and the accompanying volatility they have induced should fade.\" Of course, this is almost completely wrong, just as wrong as Goldman's monthly inflation forecasts for all of 2021, and JPM does in fact admit that it could be wrong conceding that \"there has been some upward pressure on inflation readings beyond these components, pointing to some persistence in inflation risks.\" Then again, in keeping with the bank's bullish mandate, Panigirtzoglou concldues that \"provided these persistent pressures do not also become more volatile, or provided market participants have confidence that central banks will respond to contain these pressures, markets can still look through inflation volatility.\"\nHowever, in a surprising reversal from the bank's uniform and stbborn bullishness, the JPM quant acknowledges there is risk that inflation volatility could stay elevated for a longer period, which could eventually feed through to markets pricing in higher term premia and risk premia that would put upward pressure on real yields and downward pressure on equities.\nThe outcome for stocks?An S&P500 which collapses to its \"fair value\" of 2,500 as all those inflation and GDP shocks that the market has so eagerly ignored so far, turn out to be persistent, and crush risk assets.\nHowever, before anyone goes and accuses JPMorgan of being bearish, Panigirtzoglou emphasizes \"that this is a risk scenario, not a  baseline view.\" Translation: \"this is what will happen, we just don't want to tell our bullish clients just yet.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873166078,"gmtCreate":1636887935082,"gmtModify":1636887935082,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Good 👍","listText":"Good 👍","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873166078","repostId":"1103944030","repostType":4,"repost":{"id":"1103944030","kind":"news","pubTimestamp":1636857439,"share":"https://www.laohu8.com/m/news/1103944030?lang=&edition=full","pubTime":"2021-11-14 10:37","market":"us","language":"en","title":"These are the next three mega-cap tech stocks you’ll be hearing more about","url":"https://stock-news.laohu8.com/highlight/detail?id=1103944030","media":"MarketWatch","summary":"AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is","content":"<p>AMD is among companies poised to eclipse $200 billion in market value</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8977785546ccb691b11117bea0aa1480\" tg-width=\"1320\" tg-height=\"742\" referrerpolicy=\"no-referrer\"><span>AMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images</span></p>\n<p>As technology stocks have led the market for the better part of a dozen years, there are now 15 companies in the sector that have risen to mega-cap status — those valued at $200 billion or more.</p>\n<p>Five are valued at more than $1 trillion, including electric-vehicle maker Tesla,which I consider a tech company.</p>\n<p>Bets have been placed on which companies will rise to a trillion next, with Meta Platforms&nbsp;— aka Facebook — at the top of most lists and&nbsp;Nvidia,sitting on top of mine as a call I made 14 months ago.</p>\n<p>Perhaps harder than rising from north of half a trillion to a trillion is rising from less than&nbsp;$200 billion&nbsp;to break the threshold into mega-cap status.</p>\n<p>However, a few companies look destined for this outcome precisely, and I believe three have an incredibly compelling case to get there within the next 12 to 18 months — if not sooner.</p>\n<p><b>1. ServiceNow:</b>&nbsp;ServiceNow&nbsp;has been on an incredible run for more than a decade. From 2010 to 2020, revenues grew at a 59.2% average annual rate, while its stock rose at 44% a year. The company finished the 2020 calendar year at about $4.5 billion in revenue, and its trailing 12 months have surged close to $5.5 billion.</p>\n<p>The company now has more than 1,266 customers with a million or more dollars in recurring revenue, and is seeing this number grow at a substantial rate, including 25% in its most recent quarter.</p>\n<p>Beyond the numbers, the company’s technology, which enables companies to automate and implement digital workflows, continues to prove robust and best of breed. The most recent release of its Rome platform, three additional acquisitions to expand its portfolio and a deepened partnership with Microsoft&nbsp;are just a few recent highlights that provide the company a pathway to growth that should accelerate based on trends including app modernization, hybrid work, workflow automation, and even enterprise ESG initiatives.</p>\n<p>It’s hard to see ServiceNow not providing the robust growth that will take its market cap above $200 billion.&nbsp;The company’s market value is about $138 billion as of Monday.</p>\n<p><b>2. Qualcomm:</b>Qualcomm’s&nbsp;strong earnings report released last week — earnings per share jumped 76% year over year and revenue rose 43% — helped drive the stock to over $160 from the low $120s in mid-October.</p>\n<p>Consequently, that took the company’s market cap from about $145 billion to over $180 billion in just a matter of days. It serves as a timely reminder of how quickly a tech company in the right markets can produce momentum.</p>\n<p>Qualcomm, while best known as a chip provider for mobile handsets, is rapidly becoming a much bigger force in many categories, including the internet of things (IoT), automotive and wireless RFFE. With IoT and wireless RFFE surpassing a billion dollars a quarter in revenue, and automotive reaching nearly a billion in annual revenue with a $10 billion design pipeline, the company is becoming increasingly diversified. Thirty-eight percent of revenue in its QCT semiconductor business is now unrelated to handsets.</p>\n<p>Perhaps these adjacent business successes alone could catapult the company’s market value to over $200 billion, but what Qualcomm also has going for it is an undisputable global market leadership in 5G, which will continue to accelerate its handset business, as well as all of its adjacencies and massive licensing business.</p>\n<p><b>3. AMD:</b>&nbsp;I’ve been critical at times of Advanced Micro Devices,and sometimes you have to lean into calls you get wrong. While Intel&nbsp;under new CEO Pat Gelsinger shows more ambition and clear direction, AMD under Lisa Su has been on an absolute tear.</p>\n<p>In August, Mercury Research reported that AMD’s 22.5% x86 market share was its best in 14 years. With 4.2% year-over-year market share growth in its second quarter and another 54% overall revenue growth in the third quarter, the company’s market share gains look likely to continue.</p>\n<p>While I do think Intel is quickly patching its gaps and going to be a much more robust competitor, I believe the overall demand for CPUs (central processing units), GPUs (graphics processing units) and FPGAs (field-programmable gate arrays) will drive a larger total addressable market, and AMD’s going to grow revenues even if market share gains level off.</p>\n<p>Speaking of FPGA’s, the impending Xilinx deal, which I believe will gain regulatory approval, hasn’t been accounted for by many investors.</p>\n<p>AMD’s market value rose to over $180 billion Monday after the stock surged more than 10%. The company on Monday announced a range of news, including the fact that Meta will use its Epyc processors in its data center computers.</p>\n<p>After those three, I would add Micron Technology&nbsp;as an honorable mention. The company sits at closer to $85 billion in market cap. Still, as our thirst for compute continues to grow, the need for memory technology will scale dramatically, making Micron a significant beneficiary along with the likes of Samsung, which already sits well inside mega-cap territory.</p>","source":"lsy1603348471595","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>These are the next three mega-cap tech stocks you’ll be hearing more about</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\">\nThese are the next three mega-cap tech stocks you’ll be hearing more about\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-14 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images\nAs technology stocks have led the market for the better part of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOW":"ServiceNow","AMD":"美国超微公司","NVDA":"英伟达","QCOM":"高通"},"source_url":"https://www.marketwatch.com/story/these-are-the-next-three-mega-cap-tech-stocks-youll-be-hearing-more-about-11636392083?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103944030","content_text":"AMD is among companies poised to eclipse $200 billion in market value\nAMD Chief Executive Lisa Su is seen in 2017. AFP via Getty Images\nAs technology stocks have led the market for the better part of a dozen years, there are now 15 companies in the sector that have risen to mega-cap status — those valued at $200 billion or more.\nFive are valued at more than $1 trillion, including electric-vehicle maker Tesla,which I consider a tech company.\nBets have been placed on which companies will rise to a trillion next, with Meta Platforms — aka Facebook — at the top of most lists and Nvidia,sitting on top of mine as a call I made 14 months ago.\nPerhaps harder than rising from north of half a trillion to a trillion is rising from less than $200 billion to break the threshold into mega-cap status.\nHowever, a few companies look destined for this outcome precisely, and I believe three have an incredibly compelling case to get there within the next 12 to 18 months — if not sooner.\n1. ServiceNow: ServiceNow has been on an incredible run for more than a decade. From 2010 to 2020, revenues grew at a 59.2% average annual rate, while its stock rose at 44% a year. The company finished the 2020 calendar year at about $4.5 billion in revenue, and its trailing 12 months have surged close to $5.5 billion.\nThe company now has more than 1,266 customers with a million or more dollars in recurring revenue, and is seeing this number grow at a substantial rate, including 25% in its most recent quarter.\nBeyond the numbers, the company’s technology, which enables companies to automate and implement digital workflows, continues to prove robust and best of breed. The most recent release of its Rome platform, three additional acquisitions to expand its portfolio and a deepened partnership with Microsoft are just a few recent highlights that provide the company a pathway to growth that should accelerate based on trends including app modernization, hybrid work, workflow automation, and even enterprise ESG initiatives.\nIt’s hard to see ServiceNow not providing the robust growth that will take its market cap above $200 billion. The company’s market value is about $138 billion as of Monday.\n2. Qualcomm:Qualcomm’s strong earnings report released last week — earnings per share jumped 76% year over year and revenue rose 43% — helped drive the stock to over $160 from the low $120s in mid-October.\nConsequently, that took the company’s market cap from about $145 billion to over $180 billion in just a matter of days. It serves as a timely reminder of how quickly a tech company in the right markets can produce momentum.\nQualcomm, while best known as a chip provider for mobile handsets, is rapidly becoming a much bigger force in many categories, including the internet of things (IoT), automotive and wireless RFFE. With IoT and wireless RFFE surpassing a billion dollars a quarter in revenue, and automotive reaching nearly a billion in annual revenue with a $10 billion design pipeline, the company is becoming increasingly diversified. Thirty-eight percent of revenue in its QCT semiconductor business is now unrelated to handsets.\nPerhaps these adjacent business successes alone could catapult the company’s market value to over $200 billion, but what Qualcomm also has going for it is an undisputable global market leadership in 5G, which will continue to accelerate its handset business, as well as all of its adjacencies and massive licensing business.\n3. AMD: I’ve been critical at times of Advanced Micro Devices,and sometimes you have to lean into calls you get wrong. While Intel under new CEO Pat Gelsinger shows more ambition and clear direction, AMD under Lisa Su has been on an absolute tear.\nIn August, Mercury Research reported that AMD’s 22.5% x86 market share was its best in 14 years. With 4.2% year-over-year market share growth in its second quarter and another 54% overall revenue growth in the third quarter, the company’s market share gains look likely to continue.\nWhile I do think Intel is quickly patching its gaps and going to be a much more robust competitor, I believe the overall demand for CPUs (central processing units), GPUs (graphics processing units) and FPGAs (field-programmable gate arrays) will drive a larger total addressable market, and AMD’s going to grow revenues even if market share gains level off.\nSpeaking of FPGA’s, the impending Xilinx deal, which I believe will gain regulatory approval, hasn’t been accounted for by many investors.\nAMD’s market value rose to over $180 billion Monday after the stock surged more than 10%. The company on Monday announced a range of news, including the fact that Meta will use its Epyc processors in its data center computers.\nAfter those three, I would add Micron Technology as an honorable mention. The company sits at closer to $85 billion in market cap. Still, as our thirst for compute continues to grow, the need for memory technology will scale dramatically, making Micron a significant beneficiary along with the likes of Samsung, which already sits well inside mega-cap territory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846506153,"gmtCreate":1636092073447,"gmtModify":1636092256733,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846506153","repostId":"1108861905","repostType":4,"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854763393,"gmtCreate":1635483956537,"gmtModify":1635483956772,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"MAANG","listText":"MAANG","text":"MAANG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854763393","repostId":"1166927726","repostType":4,"repost":{"id":"1166927726","kind":"news","pubTimestamp":1635480155,"share":"https://www.laohu8.com/m/news/1166927726?lang=&edition=full","pubTime":"2021-10-29 12:02","market":"us","language":"en","title":"FAANG stocks acronym: what happens when Facebook becomes Meta?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166927726","media":"Seeking Alpha","summary":"Drew Angerer/Getty Images News\n\nThe FAANG acronym has evolved as Big Tech and megacap stocks have gr","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d383f5f7eb71da9217e3d7d5c291d4\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Drew Angerer/Getty Images News</span></p>\n<ul>\n <li>The FAANG acronym has evolved as Big Tech and megacap stocks have grown in influence on the market.</li>\n <li>The question is whether Facebook's(NASDAQ:FB)decision to become Meta a bridge too far to keep FAANG together.</li>\n <li>There have already been some contorsions since Jim Cramer coined the term in 2013 to refer to Facebook (FB), Amazon(NASDAQ:AMZN), Netflix(NASDAQ:NFLX)and Google(NASDAQ:GOOGL)(NASDAQ:GOOG).</li>\n <li>It moved to FAANG to accommodate Apple(NASDAQ:AAPL)and Netflix later made room from Microsoft(NASDAQ:MSFT)in some iterations, leading to FAAMG.</li>\n <li>There was no appetite to change when Google became Alphabet, but Facebook's move provides some new possiblities.</li>\n <li>Among them, switching to Meta and Alphabet, there's MANAA, MAANA and MAAAN (MAMANA if you want to have Microsoft).</li>\n <li>Keeping Google, there's MAGNA, MANGA, MAANG, GANAM, MAGNAT (adding Tesla(NASDAQ:TSLA)) or GAMMA (ditching Netflix).</li>\n <li>Volume spiked in the Roundhill Metaverse ETF(NYSEARCA:META)&nbsp;shortly after Facebook made its announcement.</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>FAANG stocks acronym: what happens when Facebook becomes Meta?</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\">\nFAANG stocks acronym: what happens when Facebook becomes Meta?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3760279-faang-stocks-what-happens-now-facebook-is-meta><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Drew Angerer/Getty Images News\n\nThe FAANG acronym has evolved as Big Tech and megacap stocks have grown in influence on the market.\nThe question is whether Facebook's(NASDAQ:FB)decision to become Meta...</p>\n\n<a href=\"https://seekingalpha.com/news/3760279-faang-stocks-what-happens-now-facebook-is-meta\">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://seekingalpha.com/news/3760279-faang-stocks-what-happens-now-facebook-is-meta","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166927726","content_text":"Drew Angerer/Getty Images News\n\nThe FAANG acronym has evolved as Big Tech and megacap stocks have grown in influence on the market.\nThe question is whether Facebook's(NASDAQ:FB)decision to become Meta a bridge too far to keep FAANG together.\nThere have already been some contorsions since Jim Cramer coined the term in 2013 to refer to Facebook (FB), Amazon(NASDAQ:AMZN), Netflix(NASDAQ:NFLX)and Google(NASDAQ:GOOGL)(NASDAQ:GOOG).\nIt moved to FAANG to accommodate Apple(NASDAQ:AAPL)and Netflix later made room from Microsoft(NASDAQ:MSFT)in some iterations, leading to FAAMG.\nThere was no appetite to change when Google became Alphabet, but Facebook's move provides some new possiblities.\nAmong them, switching to Meta and Alphabet, there's MANAA, MAANA and MAAAN (MAMANA if you want to have Microsoft).\nKeeping Google, there's MAGNA, MANGA, MAANG, GANAM, MAGNAT (adding Tesla(NASDAQ:TSLA)) or GAMMA (ditching Netflix).\nVolume spiked in the Roundhill Metaverse ETF(NYSEARCA:META) shortly after Facebook made its announcement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855437226,"gmtCreate":1635389143191,"gmtModify":1635389143191,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Will Tesla go higher?","listText":"Will Tesla go higher?","text":"Will Tesla go higher?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855437226","repostId":"2178123434","repostType":4,"repost":{"id":"2178123434","kind":"highlight","pubTimestamp":1635388914,"share":"https://www.laohu8.com/m/news/2178123434?lang=&edition=full","pubTime":"2021-10-28 10:41","market":"us","language":"en","title":"Tesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October","url":"https://stock-news.laohu8.com/highlight/detail?id=2178123434","media":"MarketWatch","summary":"Could the S&P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long be","content":"<p>Could the S&amp;P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long before that,' says DataTrek</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06c33e027aeb8be8f82d2fb5614f2197\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>The back of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 25, 2021.</span></p>\n<p>Tesla is driving up the S&amp;P 500 index's exposure to disruptive technology, with Big Tech helping to lift the U.S. stock-market benchmark to new peaks this month.</p>\n<p>The S&amp;P 500's technology sector plus Google parent Alphabet, <a href=\"https://laohu8.com/S/FB\">Facebook</a>, Amazon.com and Tesla add up to 40% of the market-capitalization-weighted index, according to a DataTrek Research note Wednesday. \"No other broad market index around the world has a 24 percent weight to its top 6 names,\" which also include Apple&nbsp;and Microsoft, the note shows.</p>\n<p>\"We've halfway joked since starting DataTrek that 'Tech' would eventually be 50 percent of the S&amp;P 500 but thought that was maybe a 2030 event,\" said Nicholas Colas, co-founder of DataTrek, in the note. \"The way things are going, it will come long before that.\"</p>\n<p>Tesla's market value rose to more than $1 trillion this week as shares of the electric-vehicle company rallied to a record high after Hertz Global Holdings announced plans to order its cars. Tesla, co-founded by its chief executive officer Elon Musk, joined the S&amp;P 500 in December.</p>\n<p>The S&amp;P 500 closed at another new peak Tuesday and fell about 0.5% lower Wednesday. Shares of Tesla&nbsp;rose almost 2%, bringing the electric-car company's gains to around 34% in October and about 47% so far this year, the data show, at last check.</p>\n<p>\"Tesla's rally is making the S&amp;P 500 even more of a concentrated bet on disruptive technology,\" Colas wrote, pegging it at 2.1% of the index. Tesla is \"now solidly in 'must watch' territory along with the rest of U.S. Big Tech for its potential impact on day to day moves in the S&amp;P 500.\"</p>\n<p>Information technology , communication services and consumer discretionary were the only sectors in the S&amp;P 500 trading up Wednesday afternoon, according to FactSet data. Tesla and Amazon are part of the index's consumer discretionary sector , while Google and Facebook (FB) fall within communication services in the S&amp;P 500, the DataTrek note shows.</p>\n<p>The S&amp;P 500 consumer discretionary sector&nbsp;can longer be used as a proxy for U.S. consumer spending, according to DataTrek.</p>\n<p>\"That's because Amazon&nbsp;and Tesla are 20 percent and 19 percent of the index each, or 39 percent together,\" Colas wrote. \"The names you associate with this group, like Home Depot (9 percent weight) and McDonald's (4 pct), don't have much influence.\"</p>\n<p>While the S&amp;P 500's heavy exposure Big Tech puts it at risk of a \"sizeable correction,\" DataTrek said \"we'd far rather own the S&amp;P 500 than Europe or Japan or even China for the long term, simply because you need to own as much disruptive technology as you can bear to earn a decent return on investment capital.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla drives up S&P 500's disruptive tech exposure as the index rides to record highs in October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-28 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tesla-drives-up-s-p-500s-disruptive-tech-exposure-as-the-index-rides-to-record-highs-in-october-11635361789?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Could the S&P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long before that,' says DataTrek\nThe back of a Tesla car Model 3 is seen at a Tesla shop inside of a ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-drives-up-s-p-500s-disruptive-tech-exposure-as-the-index-rides-to-record-highs-in-october-11635361789?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEX":"标普100","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF",".IXIC":"NASDAQ Composite","TSLA":"特斯拉","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF"},"source_url":"https://www.marketwatch.com/story/tesla-drives-up-s-p-500s-disruptive-tech-exposure-as-the-index-rides-to-record-highs-in-october-11635361789?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178123434","content_text":"Could the S&P 500's tech exposure reach 50% in 2030? 'The way things are going, it will come long before that,' says DataTrek\nThe back of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 25, 2021.\nTesla is driving up the S&P 500 index's exposure to disruptive technology, with Big Tech helping to lift the U.S. stock-market benchmark to new peaks this month.\nThe S&P 500's technology sector plus Google parent Alphabet, Facebook, Amazon.com and Tesla add up to 40% of the market-capitalization-weighted index, according to a DataTrek Research note Wednesday. \"No other broad market index around the world has a 24 percent weight to its top 6 names,\" which also include Apple and Microsoft, the note shows.\n\"We've halfway joked since starting DataTrek that 'Tech' would eventually be 50 percent of the S&P 500 but thought that was maybe a 2030 event,\" said Nicholas Colas, co-founder of DataTrek, in the note. \"The way things are going, it will come long before that.\"\nTesla's market value rose to more than $1 trillion this week as shares of the electric-vehicle company rallied to a record high after Hertz Global Holdings announced plans to order its cars. Tesla, co-founded by its chief executive officer Elon Musk, joined the S&P 500 in December.\nThe S&P 500 closed at another new peak Tuesday and fell about 0.5% lower Wednesday. Shares of Tesla rose almost 2%, bringing the electric-car company's gains to around 34% in October and about 47% so far this year, the data show, at last check.\n\"Tesla's rally is making the S&P 500 even more of a concentrated bet on disruptive technology,\" Colas wrote, pegging it at 2.1% of the index. Tesla is \"now solidly in 'must watch' territory along with the rest of U.S. Big Tech for its potential impact on day to day moves in the S&P 500.\"\nInformation technology , communication services and consumer discretionary were the only sectors in the S&P 500 trading up Wednesday afternoon, according to FactSet data. Tesla and Amazon are part of the index's consumer discretionary sector , while Google and Facebook (FB) fall within communication services in the S&P 500, the DataTrek note shows.\nThe S&P 500 consumer discretionary sector can longer be used as a proxy for U.S. consumer spending, according to DataTrek.\n\"That's because Amazon and Tesla are 20 percent and 19 percent of the index each, or 39 percent together,\" Colas wrote. \"The names you associate with this group, like Home Depot (9 percent weight) and McDonald's (4 pct), don't have much influence.\"\nWhile the S&P 500's heavy exposure Big Tech puts it at risk of a \"sizeable correction,\" DataTrek said \"we'd far rather own the S&P 500 than Europe or Japan or even China for the long term, simply because you need to own as much disruptive technology as you can bear to earn a decent return on investment capital.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851364824,"gmtCreate":1634871530972,"gmtModify":1634871531016,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Good deal👍","listText":"Good deal👍","text":"Good deal👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851364824","repostId":"2177671154","repostType":4,"isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853677819,"gmtCreate":1634808383885,"gmtModify":1634808385066,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853677819","repostId":"1190339362","repostType":4,"repost":{"id":"1190339362","kind":"news","pubTimestamp":1634806588,"share":"https://www.laohu8.com/m/news/1190339362?lang=&edition=full","pubTime":"2021-10-21 16:56","market":"us","language":"en","title":"UBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ","url":"https://stock-news.laohu8.com/highlight/detail?id=1190339362","media":"Bloomberg","summary":"UBS Group AG hired four new people and promoted two others for its equities and research team in Aus","content":"<p>UBS Group AG hired four new people and promoted two others for its equities and research team in Australia and New Zealand, as it continues to rebuild a team raided by rivals in recent months.</p>\n<p>The Swiss lender hired John Storey from JPMorgan Chase &amp; Co in South Africa as banks analyst, UBS said Thursday. Storey fills a position left vacant when top-rated analyst Jonathan Mott left for startup bank Barrenjoey Capital Partners earlier this year.</p>\n<p>Richard Schellbach, formerly at Citigroup Inc. in London, is joining as equity strategist, replacing Pieter Stoltz who left to become head of quantitative strategies at fund manager Eley Griffiths.</p>\n<p>In the global markets division, Tom Tepaa joined the block trading desk from Goldman Sachs Group Inc. in Singapore, while David Nicholson moved from Citigroup in Boston to work on UBS’s Australian equity sales team.</p>\n<p>UBS also promoted two people in its global markets team in New Zealand. Thomas Buchanan will relocate from Hong Kong to become head of distribution for the team in that country. Will Becker was appointed head of sales trading for global markets in New Zealand.</p>\n<p>The moves come after UBS co-chief executive officer of Australasia, Anthony Sweetman, said the bank would pay up for top talent after a poaching spree from upstart rivals in a market where the Swiss bank has dominated deals in recent decades.</p>","source":"lsy1584095487587","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>UBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ</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\">\nUBS Poaches From JPMorgan, Citi for Equities And Markets in ANZ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 16:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ubs-poaches-jpmorgan-citi-equities-010332183.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS Group AG hired four new people and promoted two others for its equities and research team in Australia and New Zealand, as it continues to rebuild a team raided by rivals in recent months.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ubs-poaches-jpmorgan-citi-equities-010332183.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"https://finance.yahoo.com/news/ubs-poaches-jpmorgan-citi-equities-010332183.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190339362","content_text":"UBS Group AG hired four new people and promoted two others for its equities and research team in Australia and New Zealand, as it continues to rebuild a team raided by rivals in recent months.\nThe Swiss lender hired John Storey from JPMorgan Chase & Co in South Africa as banks analyst, UBS said Thursday. Storey fills a position left vacant when top-rated analyst Jonathan Mott left for startup bank Barrenjoey Capital Partners earlier this year.\nRichard Schellbach, formerly at Citigroup Inc. in London, is joining as equity strategist, replacing Pieter Stoltz who left to become head of quantitative strategies at fund manager Eley Griffiths.\nIn the global markets division, Tom Tepaa joined the block trading desk from Goldman Sachs Group Inc. in Singapore, while David Nicholson moved from Citigroup in Boston to work on UBS’s Australian equity sales team.\nUBS also promoted two people in its global markets team in New Zealand. Thomas Buchanan will relocate from Hong Kong to become head of distribution for the team in that country. Will Becker was appointed head of sales trading for global markets in New Zealand.\nThe moves come after UBS co-chief executive officer of Australasia, Anthony Sweetman, said the bank would pay up for top talent after a poaching spree from upstart rivals in a market where the Swiss bank has dominated deals in recent decades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863170664,"gmtCreate":1632368241358,"gmtModify":1632800860032,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Ouch","listText":"Ouch","text":"Ouch","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863170664","repostId":"1184329376","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884308271,"gmtCreate":1631852468693,"gmtModify":1631890769703,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"It is going down further","listText":"It is going down further","text":"It is going down further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884308271","repostId":"2168528707","repostType":4,"repost":{"id":"2168528707","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631850248,"share":"https://www.laohu8.com/m/news/2168528707?lang=&edition=full","pubTime":"2021-09-17 11:44","market":"fut","language":"en","title":"Oil dips as U.S. storm-hit supply makes slow return","url":"https://stock-news.laohu8.com/highlight/detail?id=2168528707","media":"Reuters","summary":"SINGAPORE, Sept 17 (Reuters) - Oil prices fell on Friday as more supply came back online in the U.S.","content":"<p>SINGAPORE, Sept 17 (Reuters) - Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts are on track to post weekly gains of around 4% as the recovery in output is seen lagging demand.</p>\n<p>Brent crude futures fell 14 cents, or 0.2%, to $75.53 a barrel at 0307 GMT, giving up most of the previous session's 21 cent gain.</p>\n<p>U.S. West Texas Intermediate <a href=\"https://laohu8.com/S/WTI\">$(WTI)$</a> crude futures were 11 cents, or 0.2%, lower at $72.50 a barrel, after settling unchanged on Thursday.</p>\n<p>Both contracts were on course to climb nearly 4% for the week as output in the U.S. Gulf of Mexico has recovered more slowly than expected after Hurricane Ida damaged facilities in August and tropical storm Nicholas hit this week.</p>\n<p>As of Thursday, about 28% of U.S. Gulf of Mexico crude production remained offline</p>\n<p>two-and-a-half weeks after Hurricane Ida hit.</p>\n<p>\"It's still taking longer than people thought in terms of that coming back. That's been a supportive factor in the market,\" Commonwealth Bank commodities analyst Vivek Dhar said.</p>\n<p>\"We're going to go into more (supply) deficit conditions - that certainly seems to be the view.\"</p>\n<p>Preliminary data from the U.S. Energy Information Administration showed U.S. crude exports in September have slipped to between 2.34 million bpd and 2.62 million bpd from 3 million bpd in late August.</p>\n<p>Dhar also pointed to data from the International Energy Agency this week showing OECD oil inventories falling to a low in November, as the recovery in fuel demand is expected to outpace supply.</p>\n<p>The risk of weakened demand in Southeast Asia has abated as COVID-19 cases appear to have peaked in countries like Indonesia, Malaysia and Thailand, he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil dips as U.S. storm-hit supply makes slow return</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\">\nOil dips as U.S. storm-hit supply makes slow return\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\">2021-09-17 11:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, Sept 17 (Reuters) - Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts are on track to post weekly gains of around 4% as the recovery in output is seen lagging demand.</p>\n<p>Brent crude futures fell 14 cents, or 0.2%, to $75.53 a barrel at 0307 GMT, giving up most of the previous session's 21 cent gain.</p>\n<p>U.S. West Texas Intermediate <a href=\"https://laohu8.com/S/WTI\">$(WTI)$</a> crude futures were 11 cents, or 0.2%, lower at $72.50 a barrel, after settling unchanged on Thursday.</p>\n<p>Both contracts were on course to climb nearly 4% for the week as output in the U.S. Gulf of Mexico has recovered more slowly than expected after Hurricane Ida damaged facilities in August and tropical storm Nicholas hit this week.</p>\n<p>As of Thursday, about 28% of U.S. Gulf of Mexico crude production remained offline</p>\n<p>two-and-a-half weeks after Hurricane Ida hit.</p>\n<p>\"It's still taking longer than people thought in terms of that coming back. That's been a supportive factor in the market,\" Commonwealth Bank commodities analyst Vivek Dhar said.</p>\n<p>\"We're going to go into more (supply) deficit conditions - that certainly seems to be the view.\"</p>\n<p>Preliminary data from the U.S. Energy Information Administration showed U.S. crude exports in September have slipped to between 2.34 million bpd and 2.62 million bpd from 3 million bpd in late August.</p>\n<p>Dhar also pointed to data from the International Energy Agency this week showing OECD oil inventories falling to a low in November, as the recovery in fuel demand is expected to outpace supply.</p>\n<p>The risk of weakened demand in Southeast Asia has abated as COVID-19 cases appear to have peaked in countries like Indonesia, Malaysia and Thailand, he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDG":"ProShares做空石油与天然气ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","UCO":"二倍做多彭博原油ETF","USO":"美国原油ETF","SCO":"二倍做空彭博原油指数ETF","DWT":"三倍做空原油ETN"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168528707","content_text":"SINGAPORE, Sept 17 (Reuters) - Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts are on track to post weekly gains of around 4% as the recovery in output is seen lagging demand.\nBrent crude futures fell 14 cents, or 0.2%, to $75.53 a barrel at 0307 GMT, giving up most of the previous session's 21 cent gain.\nU.S. West Texas Intermediate $(WTI)$ crude futures were 11 cents, or 0.2%, lower at $72.50 a barrel, after settling unchanged on Thursday.\nBoth contracts were on course to climb nearly 4% for the week as output in the U.S. Gulf of Mexico has recovered more slowly than expected after Hurricane Ida damaged facilities in August and tropical storm Nicholas hit this week.\nAs of Thursday, about 28% of U.S. Gulf of Mexico crude production remained offline\ntwo-and-a-half weeks after Hurricane Ida hit.\n\"It's still taking longer than people thought in terms of that coming back. That's been a supportive factor in the market,\" Commonwealth Bank commodities analyst Vivek Dhar said.\n\"We're going to go into more (supply) deficit conditions - that certainly seems to be the view.\"\nPreliminary data from the U.S. Energy Information Administration showed U.S. crude exports in September have slipped to between 2.34 million bpd and 2.62 million bpd from 3 million bpd in late August.\nDhar also pointed to data from the International Energy Agency this week showing OECD oil inventories falling to a low in November, as the recovery in fuel demand is expected to outpace supply.\nThe risk of weakened demand in Southeast Asia has abated as COVID-19 cases appear to have peaked in countries like Indonesia, Malaysia and Thailand, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888501967,"gmtCreate":1631503938459,"gmtModify":1631890769705,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888501967","repostId":"2166303094","repostType":4,"repost":{"id":"2166303094","kind":"news","pubTimestamp":1631488015,"share":"https://www.laohu8.com/m/news/2166303094?lang=&edition=full","pubTime":"2021-09-13 07:06","market":"us","language":"en","title":"Retail sales, Consumer Price Index: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2166303094","media":"Yahoo Finance","summary":"Traders this week will be focused on new data on inflation and spending. Each are likely to have mod","content":"<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.</p>\n<p>On the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.</p>\n<p>Consensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.</p>\n<p>Excluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.</p>\n<p>The multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.</p>\n<p>Used car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.</p>\n<p>Other categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.</p>\n<p><img src=\"https://static.tigerbbs.com/b3ba3dcdb70c21ee0f288bf7cd56e371\" tg-width=\"4949\" tg-height=\"3345\" referrerpolicy=\"no-referrer\">Muhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images</p>\n<p>\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.</p>\n<p>\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.</p>\n<p>The CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.</p>\n<p>Federal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.</p>\n<p>\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.</p>\n<p>\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"</p>\n<h2>Retail sales</h2>\n<p>Another closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.</p>\n<p>Consumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.</p>\n<p>The August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.</p>\n<p>Some service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.</p>\n<p>The August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.</p>\n<p>Future retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.</p>\n<p>\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Monthly budget statement, August (-$302.1 billion during prior month)</p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)</p></li>\n <li><p><b>Thursday: </b>Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)</p></li>\n <li><p><b>Friday: </b>University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Oracle (ORCL) after market close</p></li>\n <li><p><b>Tuesday:</b> Lennar (LEN), FuelCell Energy (FCEL) before market open <b>&nbsp;</b></p></li>\n <li><p><b>Wednesday: </b>Weber (WEBR) before market open</p></li>\n <li><p><b>Thursday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","source":"yahoofinance_au","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>Retail sales, Consumer Price Index: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail sales, Consumer Price Index: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文","FCEL":"燃料电池能源","LEN":"莱纳建筑公司","WEBR":"Weber Inc."},"source_url":"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166303094","content_text":"Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.\nConsensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.\nExcluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.\nThe multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.\nUsed car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.\nOther categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.\nMuhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images\n\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.\n\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.\nThe CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.\nFederal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.\n\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.\n\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"\nRetail sales\nAnother closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.\nConsumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.\nThe August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.\nSome service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.\nThe August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.\nFuture retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.\n\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"\nEconomic calendar\n\nMonday: Monthly budget statement, August (-$302.1 billion during prior month)\nTuesday: NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)\nWednesday: MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)\nThursday: Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)\nFriday: University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)\n\nEarnings calendar\n\nMonday: Oracle (ORCL) after market close\nTuesday: Lennar (LEN), FuelCell Energy (FCEL) before market open  \nWednesday: Weber (WEBR) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888997318,"gmtCreate":1631419797434,"gmtModify":1631890769709,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888997318","repostId":"2166290377","repostType":4,"repost":{"id":"2166290377","kind":"highlight","pubTimestamp":1631415840,"share":"https://www.laohu8.com/m/news/2166290377?lang=&edition=full","pubTime":"2021-09-12 11:04","market":"us","language":"en","title":"Should You Buy Peloton Before It Goes Back Up?","url":"https://stock-news.laohu8.com/highlight/detail?id=2166290377","media":"Motley Fool","summary":"With supply now able to keep up with demand, Peloton has a plan to boost profit margins.","content":"<p>Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the bottom in a market or individual stock isn't likely, and comes down to luck if it happens.</p>\n<p>Timing shouldn't matter much for long-term investors, though. But that same psychology drives the desire to buy stocks that have come down in price. And when a high-flying growth stock like <b>Peloton Interactive</b> (NASDAQ:PTON) goes through a price correction, it's worth taking a deeper look at whether it's a good idea to take advantage of the opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb061c256a2d67cf7e7bb159594fb00e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>A perfect storm</h2>\n<p>The connected home-fitness company was one of the darlings of the 2020 stock market, with shares returning more than 400%. It was a top stay-at-home play, as sales exploded. Total revenue doubled for its 2020 fiscal year (which ended June 30, 2020) compared to the prior fiscal year.</p>\n<p>The growth continued into 2021, as sales grew another 120% for the year ending June 30, 2021, versus the prior 12-month period. But 2021 has now seen the opposite reaction to the stock. Shares are down 32% year to date, and almost 10% just over the last month.</p>\n<p>Investors have traded stay-at-home stocks for those thought to benefit most from reopening. Add in bad publicity from the company having to recall its treadmills due to a safety issue, along with the recently announced price cut for its exercise bikes, and the perfect storm that drove last year's stock gains seems to have subsided.</p>\n<h2>Addressing a good problem</h2>\n<p>One of Peloton's biggest problems last year was one most businesses would envy. Surging demand for its products resulted in long lead times and delayed deliveries. Management quickly addressed the supply issues. In December 2020, it announced an agreement to buy Precor, one of the world's largest providers of commercial fitness equipment. That would provide added production capacity.</p>\n<p>As it worked to close that transaction, in February 2021 the company said it would invest $100 million to cover expedited air and ocean freight that would get orders delivered more quickly. By May 2021, the company had closed the acquisition of Precor, announced plans to build its first U.S. factory, and said the average wait times for its bikes were back to pre-pandemic levels.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F641436%2Fpelotonbike.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"577\" referrerpolicy=\"no-referrer\"><span>Image source: Peloton Interactive.</span></p>\n<h2>The recurring revenue stream</h2>\n<p>One of the reasons the stock dropped recently was the announcement that Peloton cut the price of its original bike by $400. But if what was perceived as a product meant for only the wealthy is now more affordable, the lower equipment revenue will eventually be replaced by recurring-subscription revenue. In the fiscal fourth quarter ended June 30, 2021, subscription revenue grew 132% year over year, versus growth of just 35% for the connected-fitness hardware.</p>\n<p>For the full fiscal year, subscription revenue represented 22% of total revenue. But that is growing: It was 30% of total revenue in the fourth fiscal quarter. And subscription revenue has a much higher gross profit margin than connected fitness hardware revenue.</p>\n<p>Management expects the faster-growing recurring revenue to help boost gross margin by 700 basis points for the 2022 fiscal year compared to the most recent quarter. And even considering the reduced hardware pricing, Peloton is guiding investors to expect a 34% jump in total revenue for its 2022 fiscal year.</p>\n<h2>Paying up for growth</h2>\n<p>It's not surprising that a growth stock like Peloton is expensive based on its current business metrics. But using its fiscal 2022 revenue guidance, the stock is trading at a price-to-sales ratio below 6. That's down from approximately 18 at the start of 2021. And considering the popularity of the product and ongoing growth rates in sales, that isn't unreasonable.</p>\n<p>But the company isn't just growing in its core business, it is also expanding into commercial equipment through the Precor acquisition. And it has just announced the launch of Peloton Apparel, a private-label line of fitness clothing.</p>\n<p>Management's strategy to grow its customer base by lowering equipment prices makes sense. Once a customer purchases a bike or treadmill, the subscription service is difficult to drop. And since subscription revenue provides higher margins, you can start to see a clear path to profitability for Peloton.</p>\n<p>With a new apparel business and hardware for commercial locations just getting started, Peloton's future looks good. Now seems like a good opportunity to take advantage of the price drop and buy in before the stock goes back up.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy Peloton Before It Goes Back Up?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy Peloton Before It Goes Back Up?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166290377","content_text":"Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the bottom in a market or individual stock isn't likely, and comes down to luck if it happens.\nTiming shouldn't matter much for long-term investors, though. But that same psychology drives the desire to buy stocks that have come down in price. And when a high-flying growth stock like Peloton Interactive (NASDAQ:PTON) goes through a price correction, it's worth taking a deeper look at whether it's a good idea to take advantage of the opportunity.\nImage source: Getty Images.\nA perfect storm\nThe connected home-fitness company was one of the darlings of the 2020 stock market, with shares returning more than 400%. It was a top stay-at-home play, as sales exploded. Total revenue doubled for its 2020 fiscal year (which ended June 30, 2020) compared to the prior fiscal year.\nThe growth continued into 2021, as sales grew another 120% for the year ending June 30, 2021, versus the prior 12-month period. But 2021 has now seen the opposite reaction to the stock. Shares are down 32% year to date, and almost 10% just over the last month.\nInvestors have traded stay-at-home stocks for those thought to benefit most from reopening. Add in bad publicity from the company having to recall its treadmills due to a safety issue, along with the recently announced price cut for its exercise bikes, and the perfect storm that drove last year's stock gains seems to have subsided.\nAddressing a good problem\nOne of Peloton's biggest problems last year was one most businesses would envy. Surging demand for its products resulted in long lead times and delayed deliveries. Management quickly addressed the supply issues. In December 2020, it announced an agreement to buy Precor, one of the world's largest providers of commercial fitness equipment. That would provide added production capacity.\nAs it worked to close that transaction, in February 2021 the company said it would invest $100 million to cover expedited air and ocean freight that would get orders delivered more quickly. By May 2021, the company had closed the acquisition of Precor, announced plans to build its first U.S. factory, and said the average wait times for its bikes were back to pre-pandemic levels.\nImage source: Peloton Interactive.\nThe recurring revenue stream\nOne of the reasons the stock dropped recently was the announcement that Peloton cut the price of its original bike by $400. But if what was perceived as a product meant for only the wealthy is now more affordable, the lower equipment revenue will eventually be replaced by recurring-subscription revenue. In the fiscal fourth quarter ended June 30, 2021, subscription revenue grew 132% year over year, versus growth of just 35% for the connected-fitness hardware.\nFor the full fiscal year, subscription revenue represented 22% of total revenue. But that is growing: It was 30% of total revenue in the fourth fiscal quarter. And subscription revenue has a much higher gross profit margin than connected fitness hardware revenue.\nManagement expects the faster-growing recurring revenue to help boost gross margin by 700 basis points for the 2022 fiscal year compared to the most recent quarter. And even considering the reduced hardware pricing, Peloton is guiding investors to expect a 34% jump in total revenue for its 2022 fiscal year.\nPaying up for growth\nIt's not surprising that a growth stock like Peloton is expensive based on its current business metrics. But using its fiscal 2022 revenue guidance, the stock is trading at a price-to-sales ratio below 6. That's down from approximately 18 at the start of 2021. And considering the popularity of the product and ongoing growth rates in sales, that isn't unreasonable.\nBut the company isn't just growing in its core business, it is also expanding into commercial equipment through the Precor acquisition. And it has just announced the launch of Peloton Apparel, a private-label line of fitness clothing.\nManagement's strategy to grow its customer base by lowering equipment prices makes sense. Once a customer purchases a bike or treadmill, the subscription service is difficult to drop. And since subscription revenue provides higher margins, you can start to see a clear path to profitability for Peloton.\nWith a new apparel business and hardware for commercial locations just getting started, Peloton's future looks good. Now seems like a good opportunity to take advantage of the price drop and buy in before the stock goes back up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881668404,"gmtCreate":1631332135008,"gmtModify":1631890769714,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"A new innovation from RIM can change theirprospects&nbsp;","listText":"A new innovation from RIM can change theirprospects&nbsp;","text":"A new innovation from RIM can change theirprospects","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881668404","repostId":"1127699574","repostType":4,"repost":{"id":"1127699574","kind":"news","pubTimestamp":1631328152,"share":"https://www.laohu8.com/m/news/1127699574?lang=&edition=full","pubTime":"2021-09-11 10:42","market":"us","language":"en","title":"BlackBerry Has a Chance at Turning Into a Growth Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1127699574","media":"InvestorPlace","summary":"BB stock could be worth 30% more, assuming the company turns FCF positive next fiscal year","content":"<p><b>Blackberry</b>&nbsp;(NYSE:<b><u>BB</u></b>), the automotive embedded software company, produced positive free cash flow (FCF)&nbsp;of $74 million&nbsp;last fiscal year ending May 31. But its fiscal&nbsp;Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.</p>\n<p>I still believe that&nbsp;as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.</p>\n<p>For example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.</p>\n<p>That is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.</p>\n<p><b>Where This Leaves BlackBerry</b></p>\n<p>Last year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.</p>\n<p>If it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.</p>\n<p>For example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.</p>\n<p>However, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.</p>\n<p><b>What BlackBerry Stock Could Be Worth</b></p>\n<p>If we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.</p>\n<p>For example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.</p>\n<p>And if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.</p>\n<p>Therefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).</p>\n<p><b>What to do With BB Stock</b></p>\n<p>Analysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by&nbsp;<i>Yahoo! Finance</i>) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.</p>\n<p>Another survey by&nbsp;<i>TipRanks.com</i>&nbsp;says that four analysts have an&nbsp;average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by&nbsp;<i>Seeking Alpha</i>&nbsp;have an&nbsp;average target of $8.19, or 23.7% below today.</p>\n<p>So the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.</p>\n<p>Enterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.</p>","source":"lsy1606302653667","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>BlackBerry Has a Chance at Turning Into a Growth Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackBerry Has a Chance at Turning Into a Growth Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 10:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in ...</p>\n\n<a href=\"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127699574","content_text":"Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.\nI still believe that as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.\nFor example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.\nThat is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.\nWhere This Leaves BlackBerry\nLast year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.\nIf it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.\nFor example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.\nHowever, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.\nWhat BlackBerry Stock Could Be Worth\nIf we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.\nFor example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.\nAnd if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.\nTherefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).\nWhat to do With BB Stock\nAnalysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by Yahoo! Finance) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.\nAnother survey by TipRanks.com says that four analysts have an average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by Seeking Alpha have an average target of $8.19, or 23.7% below today.\nSo the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.\nEnterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817458793,"gmtCreate":1630982652912,"gmtModify":1631883826810,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge","listText":"It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge","text":"It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817458793","repostId":"1155654239","repostType":4,"repost":{"id":"1155654239","kind":"news","pubTimestamp":1630981384,"share":"https://www.laohu8.com/m/news/1155654239?lang=&edition=full","pubTime":"2021-09-07 10:23","market":"us","language":"en","title":"Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender","url":"https://stock-news.laohu8.com/highlight/detail?id=1155654239","media":"Bloomberg","summary":"Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptica","content":"<ul>\n <li>Country buys 400 Bitcoins worth $20 million ahead of roll-out</li>\n <li>Poll shows Salvadorans remain skeptical about the plan</li>\n</ul>\n<p>Bitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday.</p>\n<p>Both enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar, and whether it brings any benefits to the violent, impoverished Central American nation.</p>\n<p>The country bought 400 bitcoins ahead of the roll-out, with a market value of about $20 million at current prices. The country plans to buy “a lot more” of them, President Nayib Bukele said via Twitter, after buying the first batch of 200.</p>\n<p><img src=\"https://static.tigerbbs.com/28a9c70dddbb4338aaefe769ed235802\" tg-width=\"751\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p>\n<p>If the experiment is a success, other countries may follow El Salvador’s lead. Its adoption will get an initial boost from the government’s Bitcoin wallet Chivo, which comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.</p>\n<p>Businesses will be required to accept Bitcoin in exchange for goods and services and the government will accept it for tax payments. The plan is the brainchild of El Salvador’s 40-year old president, who says it will draw more people into the financial system and make it cheaper to send remittances.</p>\n<p>“This is brave new world stuff,” said Garrick Hileman, head of research for the Miami-based Blockchain.com. “We are in unchartered waters with this launch, but I’m glad to see this experiment happen overall, and I think we’ll learn a lot from it.”</p>\n<p><b>Bitcoin ATMs</b></p>\n<p>Bukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars. The Finance Ministry created a $150 million fund at state-run bank Banco de Desarrollo de la Republica de El Salvador, Bandesal, to back the transactions.</p>\n<p>The dollar will remain the national currency for public accounting purposes and merchants who are technologically unable to receive the e-currency will be exempt from the law, the government has said.</p>\n<p>El Salvador’s dollarized economy is heavily reliant on remittances sent home by migrants overseas, which totalled $6 billion last year and account for roughly a fifth of gross domestic product. Bukele says Bitcoin could save Salvadorans $400 million a year in fees for these transactions.</p>\n<p><b>Public Skepticism</b></p>\n<p>While Bukele himself enjoys approval ratings of more than 80%, a poll last week by El Salvador’s Universidad Centroamericana Jose Simeon Canas found his Bitcoin law is widely unpopular. Two-thirds of respondents said the law should be repealed while more than 70% said they prefer to use U.S. dollars instead.</p>\n<p><img src=\"https://static.tigerbbs.com/d73133307328fe388190c61b412aa03e\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;International Monetary&nbsp;Fund warned&nbsp;of the risks&nbsp;of using Bitcoin, which lost nearly half its value from April to May, and the&nbsp;World Bank&nbsp;declined a request from El Salvador’s government to help the government adopt it, citing environmental and transparency drawbacks. The Bitcoin news also helped&nbsp;trigger a selloff&nbsp;of El Salvador’s dollar bonds, though they have since pared losses.</p>\n<p>“Crypto is sexy but untested and complicated especially for a country like El Salvador,” Stifel Nicolaus &amp; Co. managing director Nathalie Marshik said. “It’s extremely risky, and there is the question of, is the Bandesal fund big enough? The regulations look like the law, put together really quickly. It’s a big question mark.”</p>\n<p><b>Watching Closely</b></p>\n<p>While the Bahamas launched its own central bank-backed digital currency this year, the Sand Dollar, and Venezuela has its own e-money called the Petro, these are very different from a decentralized cryptocurrency such as Bitcoin, whose users value its independence from governments and central banks.</p>\n<p>Other governments in the region will be watching closely. Last month,Cuba moved to legalize&nbsp;cryptocurrency already being used on the island, while lawmakers in other countries such as Panama and Uruguay have proposed similar legislation.</p>\n<p>Bitcoin’s adoption comes as the country’s top court presided over by Bukele allies&nbsp;ruled last week&nbsp;that the president can run for a second term. The U.S. criticized the decision and said it damages bilateral relations between the two nations.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender</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\">\nBitcoin Faces Biggest Test as El Salvador Makes It Legal Tender\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 10:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptical about the plan\n\nBitcoin is undergoing the biggest test in its 12-year history as El Salvador ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155654239","content_text":"Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptical about the plan\n\nBitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday.\nBoth enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar, and whether it brings any benefits to the violent, impoverished Central American nation.\nThe country bought 400 bitcoins ahead of the roll-out, with a market value of about $20 million at current prices. The country plans to buy “a lot more” of them, President Nayib Bukele said via Twitter, after buying the first batch of 200.\n\nIf the experiment is a success, other countries may follow El Salvador’s lead. Its adoption will get an initial boost from the government’s Bitcoin wallet Chivo, which comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.\nBusinesses will be required to accept Bitcoin in exchange for goods and services and the government will accept it for tax payments. The plan is the brainchild of El Salvador’s 40-year old president, who says it will draw more people into the financial system and make it cheaper to send remittances.\n“This is brave new world stuff,” said Garrick Hileman, head of research for the Miami-based Blockchain.com. “We are in unchartered waters with this launch, but I’m glad to see this experiment happen overall, and I think we’ll learn a lot from it.”\nBitcoin ATMs\nBukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars. The Finance Ministry created a $150 million fund at state-run bank Banco de Desarrollo de la Republica de El Salvador, Bandesal, to back the transactions.\nThe dollar will remain the national currency for public accounting purposes and merchants who are technologically unable to receive the e-currency will be exempt from the law, the government has said.\nEl Salvador’s dollarized economy is heavily reliant on remittances sent home by migrants overseas, which totalled $6 billion last year and account for roughly a fifth of gross domestic product. Bukele says Bitcoin could save Salvadorans $400 million a year in fees for these transactions.\nPublic Skepticism\nWhile Bukele himself enjoys approval ratings of more than 80%, a poll last week by El Salvador’s Universidad Centroamericana Jose Simeon Canas found his Bitcoin law is widely unpopular. Two-thirds of respondents said the law should be repealed while more than 70% said they prefer to use U.S. dollars instead.\n\nThe International Monetary Fund warned of the risks of using Bitcoin, which lost nearly half its value from April to May, and the World Bank declined a request from El Salvador’s government to help the government adopt it, citing environmental and transparency drawbacks. The Bitcoin news also helped trigger a selloff of El Salvador’s dollar bonds, though they have since pared losses.\n“Crypto is sexy but untested and complicated especially for a country like El Salvador,” Stifel Nicolaus & Co. managing director Nathalie Marshik said. “It’s extremely risky, and there is the question of, is the Bandesal fund big enough? The regulations look like the law, put together really quickly. It’s a big question mark.”\nWatching Closely\nWhile the Bahamas launched its own central bank-backed digital currency this year, the Sand Dollar, and Venezuela has its own e-money called the Petro, these are very different from a decentralized cryptocurrency such as Bitcoin, whose users value its independence from governments and central banks.\nOther governments in the region will be watching closely. Last month,Cuba moved to legalize cryptocurrency already being used on the island, while lawmakers in other countries such as Panama and Uruguay have proposed similar legislation.\nBitcoin’s adoption comes as the country’s top court presided over by Bukele allies ruled last week that the president can run for a second term. The U.S. criticized the decision and said it damages bilateral relations between the two nations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817988699,"gmtCreate":1630897629911,"gmtModify":1631890769715,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817988699","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","kind":"news","pubTimestamp":1630885254,"share":"https://www.laohu8.com/m/news/1126654067?lang=&edition=full","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.&nbsp;-owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average,&nbsp;S&amp;P 500&nbsp;or Nasdaq Composite indexes.</p>\n<p>The S&amp;P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite&nbsp;was on track to book its 35th&nbsp;all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was&nbsp;yielding around 1.33%&nbsp;after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the&nbsp;Labor Department’s employment report,which showed that&nbsp;235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil&nbsp;and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&amp;P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s&nbsp;Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100&nbsp;index and the pan-European Stoxx Europe 600&nbsp;will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng&nbsp;and the Shanghai Composite Index.</p>","source":"lsy1603348471595","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>Is the U.S. stock market open on Labor Day?</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\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","ICE":"洲际交易所"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814617730,"gmtCreate":1630812246320,"gmtModify":1631890769718,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Time will tell if this works.&nbsp;","listText":"Time will tell if this works.&nbsp;","text":"Time will tell if this works.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814617730","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://www.laohu8.com/m/news/1157895022?lang=&edition=full","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815594578,"gmtCreate":1630687067194,"gmtModify":1631890769720,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"Wonder where this is going to end","listText":"Wonder where this is going to end","text":"Wonder where this is going to end","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/815594578","repostId":"1189766406","repostType":4,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812486354,"gmtCreate":1630604383978,"gmtModify":1631890769724,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088827125361240","authorIdStr":"4088827125361240"},"themes":[],"htmlText":"BTC’s for 70k👍","listText":"BTC’s for 70k👍","text":"BTC’s for 70k👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812486354","repostId":"2164282866","repostType":4,"repost":{"id":"2164282866","kind":"news","pubTimestamp":1630592570,"share":"https://www.laohu8.com/m/news/2164282866?lang=&edition=full","pubTime":"2021-09-02 22:22","market":"us","language":"en","title":"Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2164282866","media":"Benzinga","summary":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockc","content":"<p>Shares of crypto-related stocks, including <b><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a></b> (NASDAQ: MARA), <b>Riot Blockchain Inc</b> (NASDAQ: RIOT) and <b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> (NASDAQ: COIN) are trading higher amid an increase in the price of <b>Bitcoin</b> (CRYPTO: BTC) and <b>Ethereum </b>(CRYPTO: ETH).</p>\n<p>Bitcoin is trading 4.7% higher at around $49,965 Thursday morning.</p>\n<p>Ethereum is trading 6% higher at around $3,752 Thursday morning.</p>\n<p>Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.</p>\n<p>Marathon Digital is trading higher by 4.7% at $43.12 per share.</p>\n<p>Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.</p>\n<p>Riot Blockchain is trading higher by 3% at $37.61 per share.</p>\n<p>Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.</p>\n<p>Coinbase is trading higher by 2% at $271.15 per share.</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>Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Bitcoin-Related And Ethereum-Related Stocks Are Moving Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164282866","content_text":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).\nBitcoin is trading 4.7% higher at around $49,965 Thursday morning.\nEthereum is trading 6% higher at around $3,752 Thursday morning.\nMarathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.\nMarathon Digital is trading higher by 4.7% at $43.12 per share.\nRiot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.\nRiot Blockchain is trading higher by 3% at $37.61 per share.\nCoinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.\nCoinbase is trading higher by 2% at $271.15 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":815594578,"gmtCreate":1630687067194,"gmtModify":1631890769720,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Wonder where this is going to end","listText":"Wonder where this is going to end","text":"Wonder where this is going to end","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/815594578","repostId":"1189766406","repostType":4,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814617730,"gmtCreate":1630812246320,"gmtModify":1631890769718,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Time will tell if this works.&nbsp;","listText":"Time will tell if this works.&nbsp;","text":"Time will tell if this works.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814617730","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://www.laohu8.com/m/news/1157895022?lang=&edition=full","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817988699,"gmtCreate":1630897629911,"gmtModify":1631890769715,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817988699","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","kind":"news","pubTimestamp":1630885254,"share":"https://www.laohu8.com/m/news/1126654067?lang=&edition=full","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.&nbsp;-owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average,&nbsp;S&amp;P 500&nbsp;or Nasdaq Composite indexes.</p>\n<p>The S&amp;P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite&nbsp;was on track to book its 35th&nbsp;all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was&nbsp;yielding around 1.33%&nbsp;after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the&nbsp;Labor Department’s employment report,which showed that&nbsp;235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil&nbsp;and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&amp;P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s&nbsp;Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100&nbsp;index and the pan-European Stoxx Europe 600&nbsp;will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng&nbsp;and the Shanghai Composite Index.</p>","source":"lsy1603348471595","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>Is the U.S. stock market open on Labor Day?</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; 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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\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","ICE":"洲际交易所"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":873166078,"gmtCreate":1636887935082,"gmtModify":1636887935082,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Good 👍","listText":"Good 👍","text":"Good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873166078","repostId":"1103944030","repostType":4,"isVote":1,"tweetType":1,"viewCount":859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855437226,"gmtCreate":1635389143191,"gmtModify":1635389143191,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Will Tesla go higher?","listText":"Will Tesla go higher?","text":"Will Tesla go higher?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855437226","repostId":"2178123434","repostType":4,"isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863170664,"gmtCreate":1632368241358,"gmtModify":1632800860032,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Ouch","listText":"Ouch","text":"Ouch","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863170664","repostId":"1184329376","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888501967,"gmtCreate":1631503938459,"gmtModify":1631890769705,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888501967","repostId":"2166303094","repostType":4,"repost":{"id":"2166303094","kind":"news","pubTimestamp":1631488015,"share":"https://www.laohu8.com/m/news/2166303094?lang=&edition=full","pubTime":"2021-09-13 07:06","market":"us","language":"en","title":"Retail sales, Consumer Price Index: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2166303094","media":"Yahoo Finance","summary":"Traders this week will be focused on new data on inflation and spending. Each are likely to have mod","content":"<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.</p>\n<p>On the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.</p>\n<p>Consensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.</p>\n<p>Excluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.</p>\n<p>The multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.</p>\n<p>Used car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.</p>\n<p>Other categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.</p>\n<p><img src=\"https://static.tigerbbs.com/b3ba3dcdb70c21ee0f288bf7cd56e371\" tg-width=\"4949\" tg-height=\"3345\" referrerpolicy=\"no-referrer\">Muhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images</p>\n<p>\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.</p>\n<p>\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.</p>\n<p>The CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.</p>\n<p>Federal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.</p>\n<p>\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.</p>\n<p>\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"</p>\n<h2>Retail sales</h2>\n<p>Another closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.</p>\n<p>Consumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.</p>\n<p>The August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.</p>\n<p>Some service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.</p>\n<p>The August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.</p>\n<p>Future retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.</p>\n<p>\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Monthly budget statement, August (-$302.1 billion during prior month)</p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)</p></li>\n <li><p><b>Thursday: </b>Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)</p></li>\n <li><p><b>Friday: </b>University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Oracle (ORCL) after market close</p></li>\n <li><p><b>Tuesday:</b> Lennar (LEN), FuelCell Energy (FCEL) before market open <b>&nbsp;</b></p></li>\n <li><p><b>Wednesday: </b>Weber (WEBR) before market open</p></li>\n <li><p><b>Thursday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","source":"yahoofinance_au","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>Retail sales, Consumer Price Index: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail sales, Consumer Price Index: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文","FCEL":"燃料电池能源","LEN":"莱纳建筑公司","WEBR":"Weber Inc."},"source_url":"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166303094","content_text":"Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.\nConsensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.\nExcluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.\nThe multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.\nUsed car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.\nOther categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.\nMuhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images\n\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.\n\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.\nThe CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.\nFederal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.\n\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.\n\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"\nRetail sales\nAnother closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.\nConsumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.\nThe August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.\nSome service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.\nThe August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.\nFuture retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.\n\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"\nEconomic calendar\n\nMonday: Monthly budget statement, August (-$302.1 billion during prior month)\nTuesday: NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)\nWednesday: MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)\nThursday: Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)\nFriday: University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)\n\nEarnings calendar\n\nMonday: Oracle (ORCL) after market close\nTuesday: Lennar (LEN), FuelCell Energy (FCEL) before market open  \nWednesday: Weber (WEBR) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881668404,"gmtCreate":1631332135008,"gmtModify":1631890769714,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"A new innovation from RIM can change theirprospects&nbsp;","listText":"A new innovation from RIM can change theirprospects&nbsp;","text":"A new innovation from RIM can change theirprospects","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881668404","repostId":"1127699574","repostType":4,"repost":{"id":"1127699574","kind":"news","pubTimestamp":1631328152,"share":"https://www.laohu8.com/m/news/1127699574?lang=&edition=full","pubTime":"2021-09-11 10:42","market":"us","language":"en","title":"BlackBerry Has a Chance at Turning Into a Growth Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1127699574","media":"InvestorPlace","summary":"BB stock could be worth 30% more, assuming the company turns FCF positive next fiscal year","content":"<p><b>Blackberry</b>&nbsp;(NYSE:<b><u>BB</u></b>), the automotive embedded software company, produced positive free cash flow (FCF)&nbsp;of $74 million&nbsp;last fiscal year ending May 31. But its fiscal&nbsp;Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.</p>\n<p>I still believe that&nbsp;as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.</p>\n<p>For example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.</p>\n<p>That is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.</p>\n<p><b>Where This Leaves BlackBerry</b></p>\n<p>Last year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.</p>\n<p>If it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.</p>\n<p>For example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.</p>\n<p>However, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.</p>\n<p><b>What BlackBerry Stock Could Be Worth</b></p>\n<p>If we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.</p>\n<p>For example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.</p>\n<p>And if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.</p>\n<p>Therefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).</p>\n<p><b>What to do With BB Stock</b></p>\n<p>Analysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by&nbsp;<i>Yahoo! Finance</i>) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.</p>\n<p>Another survey by&nbsp;<i>TipRanks.com</i>&nbsp;says that four analysts have an&nbsp;average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by&nbsp;<i>Seeking Alpha</i>&nbsp;have an&nbsp;average target of $8.19, or 23.7% below today.</p>\n<p>So the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.</p>\n<p>Enterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.</p>","source":"lsy1606302653667","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>BlackBerry Has a Chance at Turning Into a Growth Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackBerry Has a Chance at Turning Into a Growth Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 10:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in ...</p>\n\n<a href=\"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127699574","content_text":"Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.\nI still believe that as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.\nFor example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.\nThat is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.\nWhere This Leaves BlackBerry\nLast year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.\nIf it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.\nFor example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.\nHowever, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.\nWhat BlackBerry Stock Could Be Worth\nIf we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.\nFor example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.\nAnd if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.\nTherefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).\nWhat to do With BB Stock\nAnalysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by Yahoo! Finance) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.\nAnother survey by TipRanks.com says that four analysts have an average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by Seeking Alpha have an average target of $8.19, or 23.7% below today.\nSo the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.\nEnterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":846506153,"gmtCreate":1636092073447,"gmtModify":1636092256733,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846506153","repostId":"1108861905","repostType":4,"repost":{"id":"1108861905","kind":"news","pubTimestamp":1636090549,"share":"https://www.laohu8.com/m/news/1108861905?lang=&edition=full","pubTime":"2021-11-05 13:35","market":"us","language":"en","title":"Berkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For","url":"https://stock-news.laohu8.com/highlight/detail?id=1108861905","media":"Investopedia","summary":"KEY TAKEAWAYS\n\nAnalysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.\nOperating income is e","content":"<p>KEY TAKEAWAYS</p>\n<ul>\n <li>Analysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.</li>\n <li>Operating income is expected to grow YOY at an accelerating rate relative to recent quarters.</li>\n <li>Berkshire Hathaway's revenue is expected to decline at the fastest rate since Q1 FY 2020, the beginning of the COVID-19 pandemic.</li>\n</ul>\n<p>Berkshire Hathaway Inc. (BRK.A) has staged a rapid recovery in 2021 from the most negative effects of the COVID-19 pandemic. In its latest reported quarter, Berkshire's core railroad, utility and energy businesses posted major profit increases as its manufacturing, service and retailing businesses also saw sizable recoveries in revenue and profit, some surpassing pre-pandemic levels. At the same time, insurance underwriting operating earnings fell year-over-year (YOY).1</p>\n<p>Investors will be watching to see if the Berkshire Hathaway's recovery has continued when the company reports financial results for Q3 FY 2021 on Nov. 6, 2021.2The news may be mixed. Analysts expect the company to report YOY declines to both earnings per share (EPS) and revenue.3</p>\n<p>Investors, however, may get good news in Q3 from another key metric. Analysts expect Berkshire's operating income to grow at the fastest rate in at least two years.3Operating income excludes income from Berkshire's massive investment portfolio. As a result, operating income is a way for investors to clearly assess how Berkshire's insurance, railway, energy, retail and other businesses have performed.3</p>\n<p>Berkshire Hathaway's class A shares have traded largely in line with the market in the past year. In early February 2020 the stock broke away, climbing to high points in May and June before pulling back slightly. Since then, Berkshire class A shares have generally traded sideways, although the stock has continued to outperform the broader market. These shares now provide a 1-year trailing total return of 40.0%, slightly ahead of the S&amp;P 500's total return of 38.3% over the same time period.</p>\n<p>Berkshire Hathaway Earnings History</p>\n<p>Berkshire Hathaway's quarterly EPS was heavily impacted by the COVID-19 pandemic in Q1 FY 2020. The plunge in the stock market, and thus the value of the company's investment portfolio, helped inflict a record $49.7 billion loss at Berkshire.4</p>\n<p>For that quarter, the company reported a loss per share of $30,653.00. Berkshire's performance swung to positive EPS in both Q2 and Q3 FY 2020, nearly doubling YOY. This momentum has proven difficult to maintain. While Berkshire posted its fifth straight quarter of positive EPS in Q2 FY 2021, the 13.3% gain was the weakest growth rate in several quarters. For Q3 2021, analysts expect EPS to plunge 68.7%.3</p>\n<p>Berkshire Hathaway's revenue growth has erratic in recent quarters. It posted negative revenue in Q1 FY 2020, followed by revenue gains of 31.4%, 24.8%, and 7.73% in Q2, Q3, and Q4 FY 2020, respectively. For Q2 FY 2021, revenue declined slightly. Analysts now expect revenue to plunge 21.4% YOY in Q3 FY 2021.</p>\n<p>Berkshire Hathaway Key Stats</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td>Estimate for Q3 FY 2021</td>\n   <td>Q3 FY 2020</td>\n   <td>Q3 FY 2019</td>\n  </tr>\n  <tr>\n   <td>Earnings Per Share</td>\n   <td>$5,949.01</td>\n   <td>$18,994.00</td>\n   <td>$10,119.00</td>\n  </tr>\n  <tr>\n   <td>Revenue (B)</td>\n   <td>$74.2</td>\n   <td>$94.4</td>\n   <td>$75.7</td>\n  </tr>\n  <tr>\n   <td>Operating Income (B)</td>\n   <td>$7.0</td>\n   <td>$5.4</td>\n   <td>$7.8</td>\n  </tr>\n </tbody>\n</table>\n<p>The Key Metric</p>\n<p>As mentioned above, a key measure of Berkshire's underlying businesses is&nbsp;operating income, which excludes the company's investment income. This is particularly important for Berkshire because it has significant investment holdings, including sizable stock holdings in major public companies. These investments can cause Berkshire's earnings to change dramatically from quarter to quarter, fueled by swings in the market. Excluding the investment portfolio's income is a helpful way for investors to see how the company's broad range of operating businesses have performed.</p>\n<p>Berkshire Hathaway's operating income was severely affected by the pandemic last year. It showed the first signs of weakness when it grew only 5.7% in Q1 2020. Then operating income plunged 10.2% in Q2 and 30.7% in Q3 2020 as the pandemic inflicted broader damage on the U.S. and global economy. Since then, operating income has steadily accelerated over the following three quarters: from 13.2% YOY in Q4 FY 2020 to 19.5% and 21.3% YOY in Q1 and Q2 FY 2021, respectively. For Q3 2021, analysts expect further acceleration, with operating profit rising 28.1%, the fastest increase in at least 10 quarters.</p>","source":"lsy1606203311635","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>Berkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For</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\">\nBerkshire Hathaway Q3 FY2021 Earnings Report Preview: What to Look For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 13:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investopedia.com/berkshire-hathaway-q3-fy2021-earnings-report-preview-5208434?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY TAKEAWAYS\n\nAnalysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.\nOperating income is expected to grow YOY at an accelerating rate relative to recent quarters.\nBerkshire Hathaway's ...</p>\n\n<a href=\"https://www.investopedia.com/berkshire-hathaway-q3-fy2021-earnings-report-preview-5208434?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.investopedia.com/berkshire-hathaway-q3-fy2021-earnings-report-preview-5208434?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108861905","content_text":"KEY TAKEAWAYS\n\nAnalysts estimate EPS of $5,949.01 vs. $18,994.0 in Q3 FY 2020.\nOperating income is expected to grow YOY at an accelerating rate relative to recent quarters.\nBerkshire Hathaway's revenue is expected to decline at the fastest rate since Q1 FY 2020, the beginning of the COVID-19 pandemic.\n\nBerkshire Hathaway Inc. (BRK.A) has staged a rapid recovery in 2021 from the most negative effects of the COVID-19 pandemic. In its latest reported quarter, Berkshire's core railroad, utility and energy businesses posted major profit increases as its manufacturing, service and retailing businesses also saw sizable recoveries in revenue and profit, some surpassing pre-pandemic levels. At the same time, insurance underwriting operating earnings fell year-over-year (YOY).1\nInvestors will be watching to see if the Berkshire Hathaway's recovery has continued when the company reports financial results for Q3 FY 2021 on Nov. 6, 2021.2The news may be mixed. Analysts expect the company to report YOY declines to both earnings per share (EPS) and revenue.3\nInvestors, however, may get good news in Q3 from another key metric. Analysts expect Berkshire's operating income to grow at the fastest rate in at least two years.3Operating income excludes income from Berkshire's massive investment portfolio. As a result, operating income is a way for investors to clearly assess how Berkshire's insurance, railway, energy, retail and other businesses have performed.3\nBerkshire Hathaway's class A shares have traded largely in line with the market in the past year. In early February 2020 the stock broke away, climbing to high points in May and June before pulling back slightly. Since then, Berkshire class A shares have generally traded sideways, although the stock has continued to outperform the broader market. These shares now provide a 1-year trailing total return of 40.0%, slightly ahead of the S&P 500's total return of 38.3% over the same time period.\nBerkshire Hathaway Earnings History\nBerkshire Hathaway's quarterly EPS was heavily impacted by the COVID-19 pandemic in Q1 FY 2020. The plunge in the stock market, and thus the value of the company's investment portfolio, helped inflict a record $49.7 billion loss at Berkshire.4\nFor that quarter, the company reported a loss per share of $30,653.00. Berkshire's performance swung to positive EPS in both Q2 and Q3 FY 2020, nearly doubling YOY. This momentum has proven difficult to maintain. While Berkshire posted its fifth straight quarter of positive EPS in Q2 FY 2021, the 13.3% gain was the weakest growth rate in several quarters. For Q3 2021, analysts expect EPS to plunge 68.7%.3\nBerkshire Hathaway's revenue growth has erratic in recent quarters. It posted negative revenue in Q1 FY 2020, followed by revenue gains of 31.4%, 24.8%, and 7.73% in Q2, Q3, and Q4 FY 2020, respectively. For Q2 FY 2021, revenue declined slightly. Analysts now expect revenue to plunge 21.4% YOY in Q3 FY 2021.\nBerkshire Hathaway Key Stats\n\n\n\n\nEstimate for Q3 FY 2021\nQ3 FY 2020\nQ3 FY 2019\n\n\nEarnings Per Share\n$5,949.01\n$18,994.00\n$10,119.00\n\n\nRevenue (B)\n$74.2\n$94.4\n$75.7\n\n\nOperating Income (B)\n$7.0\n$5.4\n$7.8\n\n\n\nThe Key Metric\nAs mentioned above, a key measure of Berkshire's underlying businesses is operating income, which excludes the company's investment income. This is particularly important for Berkshire because it has significant investment holdings, including sizable stock holdings in major public companies. These investments can cause Berkshire's earnings to change dramatically from quarter to quarter, fueled by swings in the market. Excluding the investment portfolio's income is a helpful way for investors to see how the company's broad range of operating businesses have performed.\nBerkshire Hathaway's operating income was severely affected by the pandemic last year. It showed the first signs of weakness when it grew only 5.7% in Q1 2020. Then operating income plunged 10.2% in Q2 and 30.7% in Q3 2020 as the pandemic inflicted broader damage on the U.S. and global economy. Since then, operating income has steadily accelerated over the following three quarters: from 13.2% YOY in Q4 FY 2020 to 19.5% and 21.3% YOY in Q1 and Q2 FY 2021, respectively. For Q3 2021, analysts expect further acceleration, with operating profit rising 28.1%, the fastest increase in at least 10 quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853677819,"gmtCreate":1634808383885,"gmtModify":1634808385066,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853677819","repostId":"1190339362","repostType":4,"isVote":1,"tweetType":1,"viewCount":813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":817458793,"gmtCreate":1630982652912,"gmtModify":1631883826810,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge","listText":"It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge","text":"It will hold. El Salvador is too small to make a dent. The test is when one of the larger economies take the plunge","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817458793","repostId":"1155654239","repostType":4,"repost":{"id":"1155654239","kind":"news","pubTimestamp":1630981384,"share":"https://www.laohu8.com/m/news/1155654239?lang=&edition=full","pubTime":"2021-09-07 10:23","market":"us","language":"en","title":"Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender","url":"https://stock-news.laohu8.com/highlight/detail?id=1155654239","media":"Bloomberg","summary":"Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptica","content":"<ul>\n <li>Country buys 400 Bitcoins worth $20 million ahead of roll-out</li>\n <li>Poll shows Salvadorans remain skeptical about the plan</li>\n</ul>\n<p>Bitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday.</p>\n<p>Both enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar, and whether it brings any benefits to the violent, impoverished Central American nation.</p>\n<p>The country bought 400 bitcoins ahead of the roll-out, with a market value of about $20 million at current prices. The country plans to buy “a lot more” of them, President Nayib Bukele said via Twitter, after buying the first batch of 200.</p>\n<p><img src=\"https://static.tigerbbs.com/28a9c70dddbb4338aaefe769ed235802\" tg-width=\"751\" tg-height=\"438\" width=\"100%\" height=\"auto\"></p>\n<p>If the experiment is a success, other countries may follow El Salvador’s lead. Its adoption will get an initial boost from the government’s Bitcoin wallet Chivo, which comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.</p>\n<p>Businesses will be required to accept Bitcoin in exchange for goods and services and the government will accept it for tax payments. The plan is the brainchild of El Salvador’s 40-year old president, who says it will draw more people into the financial system and make it cheaper to send remittances.</p>\n<p>“This is brave new world stuff,” said Garrick Hileman, head of research for the Miami-based Blockchain.com. “We are in unchartered waters with this launch, but I’m glad to see this experiment happen overall, and I think we’ll learn a lot from it.”</p>\n<p><b>Bitcoin ATMs</b></p>\n<p>Bukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars. The Finance Ministry created a $150 million fund at state-run bank Banco de Desarrollo de la Republica de El Salvador, Bandesal, to back the transactions.</p>\n<p>The dollar will remain the national currency for public accounting purposes and merchants who are technologically unable to receive the e-currency will be exempt from the law, the government has said.</p>\n<p>El Salvador’s dollarized economy is heavily reliant on remittances sent home by migrants overseas, which totalled $6 billion last year and account for roughly a fifth of gross domestic product. Bukele says Bitcoin could save Salvadorans $400 million a year in fees for these transactions.</p>\n<p><b>Public Skepticism</b></p>\n<p>While Bukele himself enjoys approval ratings of more than 80%, a poll last week by El Salvador’s Universidad Centroamericana Jose Simeon Canas found his Bitcoin law is widely unpopular. Two-thirds of respondents said the law should be repealed while more than 70% said they prefer to use U.S. dollars instead.</p>\n<p><img src=\"https://static.tigerbbs.com/d73133307328fe388190c61b412aa03e\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;International Monetary&nbsp;Fund warned&nbsp;of the risks&nbsp;of using Bitcoin, which lost nearly half its value from April to May, and the&nbsp;World Bank&nbsp;declined a request from El Salvador’s government to help the government adopt it, citing environmental and transparency drawbacks. The Bitcoin news also helped&nbsp;trigger a selloff&nbsp;of El Salvador’s dollar bonds, though they have since pared losses.</p>\n<p>“Crypto is sexy but untested and complicated especially for a country like El Salvador,” Stifel Nicolaus &amp; Co. managing director Nathalie Marshik said. “It’s extremely risky, and there is the question of, is the Bandesal fund big enough? The regulations look like the law, put together really quickly. It’s a big question mark.”</p>\n<p><b>Watching Closely</b></p>\n<p>While the Bahamas launched its own central bank-backed digital currency this year, the Sand Dollar, and Venezuela has its own e-money called the Petro, these are very different from a decentralized cryptocurrency such as Bitcoin, whose users value its independence from governments and central banks.</p>\n<p>Other governments in the region will be watching closely. Last month,Cuba moved to legalize&nbsp;cryptocurrency already being used on the island, while lawmakers in other countries such as Panama and Uruguay have proposed similar legislation.</p>\n<p>Bitcoin’s adoption comes as the country’s top court presided over by Bukele allies&nbsp;ruled last week&nbsp;that the president can run for a second term. The U.S. criticized the decision and said it damages bilateral relations between the two nations.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Faces Biggest Test as El Salvador Makes It Legal Tender</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\">\nBitcoin Faces Biggest Test as El Salvador Makes It Legal Tender\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 10:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptical about the plan\n\nBitcoin is undergoing the biggest test in its 12-year history as El Salvador ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-faces-biggest-test-as-el-salvador-makes-it-legal-tender?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155654239","content_text":"Country buys 400 Bitcoins worth $20 million ahead of roll-out\nPoll shows Salvadorans remain skeptical about the plan\n\nBitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday.\nBoth enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when it circulates alongside the U.S. dollar, and whether it brings any benefits to the violent, impoverished Central American nation.\nThe country bought 400 bitcoins ahead of the roll-out, with a market value of about $20 million at current prices. The country plans to buy “a lot more” of them, President Nayib Bukele said via Twitter, after buying the first batch of 200.\n\nIf the experiment is a success, other countries may follow El Salvador’s lead. Its adoption will get an initial boost from the government’s Bitcoin wallet Chivo, which comes pre-loaded with $30 worth of the currency for users who register with a Salvadoran national ID number.\nBusinesses will be required to accept Bitcoin in exchange for goods and services and the government will accept it for tax payments. The plan is the brainchild of El Salvador’s 40-year old president, who says it will draw more people into the financial system and make it cheaper to send remittances.\n“This is brave new world stuff,” said Garrick Hileman, head of research for the Miami-based Blockchain.com. “We are in unchartered waters with this launch, but I’m glad to see this experiment happen overall, and I think we’ll learn a lot from it.”\nBitcoin ATMs\nBukele’s administration has installed 200 Bitcoin ATMs around the country that can be used to exchange the cryptocurrency for U.S. dollars. The Finance Ministry created a $150 million fund at state-run bank Banco de Desarrollo de la Republica de El Salvador, Bandesal, to back the transactions.\nThe dollar will remain the national currency for public accounting purposes and merchants who are technologically unable to receive the e-currency will be exempt from the law, the government has said.\nEl Salvador’s dollarized economy is heavily reliant on remittances sent home by migrants overseas, which totalled $6 billion last year and account for roughly a fifth of gross domestic product. Bukele says Bitcoin could save Salvadorans $400 million a year in fees for these transactions.\nPublic Skepticism\nWhile Bukele himself enjoys approval ratings of more than 80%, a poll last week by El Salvador’s Universidad Centroamericana Jose Simeon Canas found his Bitcoin law is widely unpopular. Two-thirds of respondents said the law should be repealed while more than 70% said they prefer to use U.S. dollars instead.\n\nThe International Monetary Fund warned of the risks of using Bitcoin, which lost nearly half its value from April to May, and the World Bank declined a request from El Salvador’s government to help the government adopt it, citing environmental and transparency drawbacks. The Bitcoin news also helped trigger a selloff of El Salvador’s dollar bonds, though they have since pared losses.\n“Crypto is sexy but untested and complicated especially for a country like El Salvador,” Stifel Nicolaus & Co. managing director Nathalie Marshik said. “It’s extremely risky, and there is the question of, is the Bandesal fund big enough? The regulations look like the law, put together really quickly. It’s a big question mark.”\nWatching Closely\nWhile the Bahamas launched its own central bank-backed digital currency this year, the Sand Dollar, and Venezuela has its own e-money called the Petro, these are very different from a decentralized cryptocurrency such as Bitcoin, whose users value its independence from governments and central banks.\nOther governments in the region will be watching closely. Last month,Cuba moved to legalize cryptocurrency already being used on the island, while lawmakers in other countries such as Panama and Uruguay have proposed similar legislation.\nBitcoin’s adoption comes as the country’s top court presided over by Bukele allies ruled last week that the president can run for a second term. The U.S. criticized the decision and said it damages bilateral relations between the two nations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":854763393,"gmtCreate":1635483956537,"gmtModify":1635483956772,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"MAANG","listText":"MAANG","text":"MAANG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854763393","repostId":"1166927726","repostType":4,"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":884308271,"gmtCreate":1631852468693,"gmtModify":1631890769703,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"It is going down further","listText":"It is going down further","text":"It is going down further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884308271","repostId":"2168528707","repostType":4,"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812486354,"gmtCreate":1630604383978,"gmtModify":1631890769724,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"BTC’s for 70k👍","listText":"BTC’s for 70k👍","text":"BTC’s for 70k👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812486354","repostId":"2164282866","repostType":4,"repost":{"id":"2164282866","kind":"news","pubTimestamp":1630592570,"share":"https://www.laohu8.com/m/news/2164282866?lang=&edition=full","pubTime":"2021-09-02 22:22","market":"us","language":"en","title":"Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2164282866","media":"Benzinga","summary":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockc","content":"<p>Shares of crypto-related stocks, including <b><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a></b> (NASDAQ: MARA), <b>Riot Blockchain Inc</b> (NASDAQ: RIOT) and <b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> (NASDAQ: COIN) are trading higher amid an increase in the price of <b>Bitcoin</b> (CRYPTO: BTC) and <b>Ethereum </b>(CRYPTO: ETH).</p>\n<p>Bitcoin is trading 4.7% higher at around $49,965 Thursday morning.</p>\n<p>Ethereum is trading 6% higher at around $3,752 Thursday morning.</p>\n<p>Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.</p>\n<p>Marathon Digital is trading higher by 4.7% at $43.12 per share.</p>\n<p>Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.</p>\n<p>Riot Blockchain is trading higher by 3% at $37.61 per share.</p>\n<p>Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.</p>\n<p>Coinbase is trading higher by 2% at $271.15 per share.</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>Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Bitcoin-Related And Ethereum-Related Stocks Are Moving Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164282866","content_text":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).\nBitcoin is trading 4.7% higher at around $49,965 Thursday morning.\nEthereum is trading 6% higher at around $3,752 Thursday morning.\nMarathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.\nMarathon Digital is trading higher by 4.7% at $43.12 per share.\nRiot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.\nRiot Blockchain is trading higher by 3% at $37.61 per share.\nCoinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.\nCoinbase is trading higher by 2% at $271.15 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888997318,"gmtCreate":1631419797434,"gmtModify":1631890769709,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/888997318","repostId":"2166290377","repostType":4,"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":851364824,"gmtCreate":1634871530972,"gmtModify":1634871531016,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"Good deal👍","listText":"Good deal👍","text":"Good deal👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851364824","repostId":"2177671154","repostType":4,"repost":{"id":"2177671154","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1634871242,"share":"https://www.laohu8.com/m/news/2177671154?lang=&edition=full","pubTime":"2021-10-22 10:54","market":"fut","language":"en","title":"Aurizon to buy One Rail Australia for $1.75 bln to cut coal exposure","url":"https://stock-news.laohu8.com/highlight/detail?id=2177671154","media":"Reuters","summary":"Oct 22 (Reuters) - Aurizon Holdings Ltd said on Friday it would buy One Rail Australia (ORA) for $1.","content":"<p>Oct 22 (Reuters) - Aurizon Holdings Ltd&nbsp;said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower.</p>\n<p>Aurizon, Australia's largest rail freight operator, said the deal would give it greater exposure to commodities, supporting its transition to greener energy.</p>\n<p>More than a third of Aurizon's core earnings came from coal in&nbsp;fiscal 2021and it transports more than 200 million tonnes of metallurgical and thermal coal a year, according to its&nbsp;website.</p>\n<p>\"The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio,\" Chief Executive Officer Andrew Harding said.</p>\n<p>Aurizon plans to either sell or spin off ORA's New South Wales and Queensland business after it shells out A$2.35 billion ($1.75 billion) for ORA from Macquarie's&nbsp;asset management arm and Dutch pension fund manager PGGM.</p>\n<p>Both Macquarie Asset Management and PGGM didn't immediately respond to a request for comment.</p>\n<p>RBC Capital Markets said the market would take the guidance that dividend payouts would be at the lower end of the 70%-100% ratio as a negative, given that Aurizon is relying on existing and new debt to fund the deal.</p>\n<p>The brokerage also questioned the diversification benefits, given that non-coal exposure will only rise to 14% from 9%.</p>\n<p>Aurizon shares were down 4.5% at A$3.715 by 0150 GMT after dropping 6.9%, its biggest intraday drop since June 2020.</p>\n<p>Queensland-based Aurizon said its bulk business would account for around 40% of its haulage revenue after the deal and the divestment, taking share off coal.</p>\n<p>The purchase of ORA, which is expected to report A$220 million of core earnings in 2021, will complete by April.</p>\n<p>($1 = 1.3392 Australian dollars)</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>Aurizon to buy One Rail Australia for $1.75 bln to cut coal exposure</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{ 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}\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\">\nAurizon to buy One Rail Australia for $1.75 bln to cut coal exposure\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\">2021-10-22 10:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 22 (Reuters) - Aurizon Holdings Ltd&nbsp;said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower.</p>\n<p>Aurizon, Australia's largest rail freight operator, said the deal would give it greater exposure to commodities, supporting its transition to greener energy.</p>\n<p>More than a third of Aurizon's core earnings came from coal in&nbsp;fiscal 2021and it transports more than 200 million tonnes of metallurgical and thermal coal a year, according to its&nbsp;website.</p>\n<p>\"The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio,\" Chief Executive Officer Andrew Harding said.</p>\n<p>Aurizon plans to either sell or spin off ORA's New South Wales and Queensland business after it shells out A$2.35 billion ($1.75 billion) for ORA from Macquarie's&nbsp;asset management arm and Dutch pension fund manager PGGM.</p>\n<p>Both Macquarie Asset Management and PGGM didn't immediately respond to a request for comment.</p>\n<p>RBC Capital Markets said the market would take the guidance that dividend payouts would be at the lower end of the 70%-100% ratio as a negative, given that Aurizon is relying on existing and new debt to fund the deal.</p>\n<p>The brokerage also questioned the diversification benefits, given that non-coal exposure will only rise to 14% from 9%.</p>\n<p>Aurizon shares were down 4.5% at A$3.715 by 0150 GMT after dropping 6.9%, its biggest intraday drop since June 2020.</p>\n<p>Queensland-based Aurizon said its bulk business would account for around 40% of its haulage revenue after the deal and the divestment, taking share off coal.</p>\n<p>The purchase of ORA, which is expected to report A$220 million of core earnings in 2021, will complete by April.</p>\n<p>($1 = 1.3392 Australian dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MQG.AU":"Macquarie","AZJ.AU":"AURIZON HOLDINGS LTD","AZNNY":"Aurizon Holdings Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177671154","content_text":"Oct 22 (Reuters) - Aurizon Holdings Ltd said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower.\nAurizon, Australia's largest rail freight operator, said the deal would give it greater exposure to commodities, supporting its transition to greener energy.\nMore than a third of Aurizon's core earnings came from coal in fiscal 2021and it transports more than 200 million tonnes of metallurgical and thermal coal a year, according to its website.\n\"The One Rail acquisition delivers a step change for Aurizon Bulk as a new entrant in the South Australia and Northern Territory region, and supports the ongoing growth of non-coal revenue in the Aurizon portfolio,\" Chief Executive Officer Andrew Harding said.\nAurizon plans to either sell or spin off ORA's New South Wales and Queensland business after it shells out A$2.35 billion ($1.75 billion) for ORA from Macquarie's asset management arm and Dutch pension fund manager PGGM.\nBoth Macquarie Asset Management and PGGM didn't immediately respond to a request for comment.\nRBC Capital Markets said the market would take the guidance that dividend payouts would be at the lower end of the 70%-100% ratio as a negative, given that Aurizon is relying on existing and new debt to fund the deal.\nThe brokerage also questioned the diversification benefits, given that non-coal exposure will only rise to 14% from 9%.\nAurizon shares were down 4.5% at A$3.715 by 0150 GMT after dropping 6.9%, its biggest intraday drop since June 2020.\nQueensland-based Aurizon said its bulk business would account for around 40% of its haulage revenue after the deal and the divestment, taking share off coal.\nThe purchase of ORA, which is expected to report A$220 million of core earnings in 2021, will complete by April.\n($1 = 1.3392 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872423426,"gmtCreate":1637562828379,"gmtModify":1637562828500,"author":{"id":"4088827125361240","authorId":"4088827125361240","name":"LittleSaves","avatar":"https://static.tigerbbs.com/efd012c1b62a71ce51ff9924a1d01ace","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088827125361240","idStr":"4088827125361240"},"themes":[],"htmlText":"They’ve been saying this for a while now.&nbsp;","listText":"They’ve been saying this for a while now.&nbsp;","text":"They’ve been saying this for a while now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872423426","repostId":"1142428650","repostType":4,"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}