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Market participants will be looking for clues about when the central bank could start dialing back its monthly bond buying program.</p>\n<p>Since that July meeting, there’s been growing support within the Fed to announce a tapering in September and begin it in October. The 10-year Treasury yield inched slightly higher to 1.28% on Wednesday ahead of the release.</p>\n<p>Housing starts fell 7% in July to a seasonally adjusted annual rate of 1.534 million units, well below economists’ expectations.</p>\n<p>Investors also waded through more major retail earnings reports.</p>\n<p>Shares of Target pulled back even after beating on second-quarter earnings. The retailer’s profit and revenue topped expectations and the company raised its forecast for the second half of the year, citing a good start to back-to-school spending. Target shares were up 44% this year through Tuesday, so some investors may be taking profits.</p>\n<p>Shares of Lowe’s jumped more than 3% after earnings last quarter topped expectations, with higher sales to home professionals.</p>\n<p>ViacomCBS shares popped around 2% after Wells Fargo upgraded the stock, saying it can soar more than 50% on the back of strong streaming growth and possible industry consolidation.</p>\n<p>“The stock market is way overdue for a correction. Covid cases continue to spike higher darkening economic reopenings, consumer data shockingly has collapsed recently — including consumer confidence last Friday and retail sales and homebuilders’ sentiment [Tuesday] — several stocks have stopped reacting positively to good earnings, inflation reports remain hot, and Federal Reserve taper talk is everywhere,” Jim Paulsen, chief investment strategist at the Leuthold Group, 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>U.S. stock market opens lower Wednesday as Wall Street watches for Fed minutes</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\">\nU.S. stock market opens lower Wednesday as Wall Street watches for Fed minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-18 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Aug 18) U.S. stock market opens lower Wednesday as Wall Street watches for Fed minutes.</p>\n<p>The Dow Jones Industrial Average shed roughly 120 points, or 0.3%, after it snapped a 5-day winning streak on Tuesday. The S&P 500 fell 0.2% and the Nasdaq Composite traded near the flatline.</p>\n<p>The Federal Reserve publishes its meeting minutes from its July gathering at 2 p.m. ET. Market participants will be looking for clues about when the central bank could start dialing back its monthly bond buying program.</p>\n<p>Since that July meeting, there’s been growing support within the Fed to announce a tapering in September and begin it in October. The 10-year Treasury yield inched slightly higher to 1.28% on Wednesday ahead of the release.</p>\n<p>Housing starts fell 7% in July to a seasonally adjusted annual rate of 1.534 million units, well below economists’ expectations.</p>\n<p>Investors also waded through more major retail earnings reports.</p>\n<p>Shares of Target pulled back even after beating on second-quarter earnings. The retailer’s profit and revenue topped expectations and the company raised its forecast for the second half of the year, citing a good start to back-to-school spending. Target shares were up 44% this year through Tuesday, so some investors may be taking profits.</p>\n<p>Shares of Lowe’s jumped more than 3% after earnings last quarter topped expectations, with higher sales to home professionals.</p>\n<p>ViacomCBS shares popped around 2% after Wells Fargo upgraded the stock, saying it can soar more than 50% on the back of strong streaming growth and possible industry consolidation.</p>\n<p>“The stock market is way overdue for a correction. Covid cases continue to spike higher darkening economic reopenings, consumer data shockingly has collapsed recently — including consumer confidence last Friday and retail sales and homebuilders’ sentiment [Tuesday] — several stocks have stopped reacting positively to good earnings, inflation reports remain hot, and Federal Reserve taper talk is everywhere,” Jim Paulsen, chief investment strategist at the Leuthold Group, said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173506975","content_text":"(Aug 18) U.S. stock market opens lower Wednesday as Wall Street watches for Fed minutes.\nThe Dow Jones Industrial Average shed roughly 120 points, or 0.3%, after it snapped a 5-day winning streak on Tuesday. The S&P 500 fell 0.2% and the Nasdaq Composite traded near the flatline.\nThe Federal Reserve publishes its meeting minutes from its July gathering at 2 p.m. ET. Market participants will be looking for clues about when the central bank could start dialing back its monthly bond buying program.\nSince that July meeting, there’s been growing support within the Fed to announce a tapering in September and begin it in October. The 10-year Treasury yield inched slightly higher to 1.28% on Wednesday ahead of the release.\nHousing starts fell 7% in July to a seasonally adjusted annual rate of 1.534 million units, well below economists’ expectations.\nInvestors also waded through more major retail earnings reports.\nShares of Target pulled back even after beating on second-quarter earnings. The retailer’s profit and revenue topped expectations and the company raised its forecast for the second half of the year, citing a good start to back-to-school spending. Target shares were up 44% this year through Tuesday, so some investors may be taking profits.\nShares of Lowe’s jumped more than 3% after earnings last quarter topped expectations, with higher sales to home professionals.\nViacomCBS shares popped around 2% after Wells Fargo upgraded the stock, saying it can soar more than 50% on the back of strong streaming growth and possible industry consolidation.\n“The stock market is way overdue for a correction. Covid cases continue to spike higher darkening economic reopenings, consumer data shockingly has collapsed recently — including consumer confidence last Friday and retail sales and homebuilders’ sentiment [Tuesday] — several stocks have stopped reacting positively to good earnings, inflation reports remain hot, and Federal Reserve taper talk is everywhere,” Jim Paulsen, chief investment strategist at the Leuthold Group, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804267740,"gmtCreate":1627959010680,"gmtModify":1633754865888,"author":{"id":"4090996364107000","authorId":"4090996364107000","name":"Buttonssss","avatar":"https://static.tigerbbs.com/462ff72c4a2f184b8f6376deaacaf8f6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090996364107000","authorIdStr":"4090996364107000"},"themes":[],"htmlText":"Buy!!","listText":"Buy!!","text":"Buy!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804267740","repostId":"1147488941","repostType":4,"repost":{"id":"1147488941","pubTimestamp":1627956497,"share":"https://www.laohu8.com/m/news/1147488941?lang=&edition=full","pubTime":"2021-08-03 10:08","market":"hk","language":"en","title":"Tencent Shares Dive After Chinese Media Calls Online Games ‘Spiritual Opium’","url":"https://stock-news.laohu8.com/highlight/detail?id=1147488941","media":"Bloomberg","summary":"Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency","content":"<p>Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set its sights on online entertainment.</p>\n<p>The social media giant joined rivals NetEase Inc. and XD Inc. in an abrupt selloff in early Hong Kong trading after an outlet run by the Xinhua News Agency published a blistering critique of the gaming industry. The Economic Information Daily cited a student as saying some schoolmates played Tencent’s Honor of Kings -- one of its most popular titles -- eight hours a day and called for stricter controls over time spent on games.</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>Tencent Shares Dive After Chinese Media Calls Online Games ‘Spiritual Opium’</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\">\nTencent Shares Dive After Chinese Media Calls Online Games ‘Spiritual Opium’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:08 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-08-03/tencent-plummets-as-chinese-crackdown-fears-persist?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/tencent-plummets-as-chinese-crackdown-fears-persist?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09999":"网易-S","02400":"心动公司","00700":"腾讯控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/tencent-plummets-as-chinese-crackdown-fears-persist?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147488941","content_text":"Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set its sights on online entertainment.\nThe social media giant joined rivals NetEase Inc. and XD Inc. in an abrupt selloff in early Hong Kong trading after an outlet run by the Xinhua News Agency published a blistering critique of the gaming industry. The Economic Information Daily cited a student as saying some schoolmates played Tencent’s Honor of Kings -- one of its most popular titles -- eight hours a day and called for stricter controls over time spent on games.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807395651,"gmtCreate":1627999592773,"gmtModify":1633754512403,"author":{"id":"4090996364107000","authorId":"4090996364107000","name":"Buttonssss","avatar":"https://static.tigerbbs.com/462ff72c4a2f184b8f6376deaacaf8f6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090996364107000","authorIdStr":"4090996364107000"},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807395651","repostId":"2156114799","repostType":2,"repost":{"id":"2156114799","pubTimestamp":1627994100,"share":"https://www.laohu8.com/m/news/2156114799?lang=&edition=full","pubTime":"2021-08-03 20:35","market":"us","language":"en","title":"5 Ultra-Popular Stocks to Avoid Like the Plague in August","url":"https://stock-news.laohu8.com/highlight/detail?id=2156114799","media":"Motley Fool","summary":"These stocks look to be more trouble than they're worth.","content":"<p>It's a great time to be a long-term investor. Despite shedding over a third of its value in just over a month during the first quarter of 2020, the benchmark <b>S&P 500</b> has enjoyed a historic bounce-back rally that's seen the index gain 97% since March 23, 2020.</p>\n<p>But while the long term favors optimists, we know that not every stock can be a winner. As we push headlong into August, the following five ultra-popular stocks all have attributes that make them highly avoidable.</p>\n<p><img src=\"https://static.tigerbbs.com/c4445b731e2c9c6acb2e5395056b6719\" tg-width=\"700\" tg-height=\"524\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h3><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></h3>\n<p>Movie theater chain and chief meme stock <b>AMC Entertainment</b> (NYSE:AMC) is a liable to be a fixture on this monthly list until it either resolves its operating inefficiencies or retraces another 85% -- whichever comes first.</p>\n<p>The premise for avoiding AMC is simple: The math doesn't make sense. Although AMC was able to raise in the neighborhood of $2.2 billion in capital, it's still contending with over $5.4 billion in debt, as of the end of March, has $473 million in deferred rental obligations, and is dealing with multiple billions of dollars in remaining lease obligations. With over 513 million shares outstanding, AMC has effectively capped its authorized allowable share issuances, and will therefore be required to pay back the debt it owes with cash, which it simply doesn't have. The value of the company's 2026 and 2027 bonds, totaling over $1 billion in outstanding debt, combined, have been plunging of late, signifying that bankruptcy remains a possibility.</p>\n<p>In addition, AMC's core business continues to face headwinds that won't go away. <b>AT&T</b>'s Warner Bros. recently announced plans to simultaneously release 10 new movies to HBO Max and theaters on Day 1 in 2022. Warner Bros. also noted that exclusivity for some films will be halved to 45 days from the traditional period of 90 days. Couple this with a relatively steady 19-year drop-off in movie theater ticket sales, and you'll see that AMC's operating woes are very serious.</p>\n<p>The icing on the cake was a tweet from CEO Adam Aron following AMC's annual shareholder meeting that effectively denounced many of the nefarious short-selling claims by noting that he and the board are \"unaware of any information validating these theories.\" This is all more than enough reason to keep your distance from AMC in August.</p>\n<p><img src=\"https://static.tigerbbs.com/ebe3f403b1b970d0e231952ef9c1d01c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Robinhood Markets</h3>\n<p>Despite going public last week, online investing app <b>Robinhood Markets</b> (NASDAQ:HOOD) is a company that investors should avoid like the plague in August.</p>\n<p>On the bright side, extreme volatility for stocks in 2020, coupled with a soaring cryptocurrency market in the early 2021, has fueled trading activity on Robinhood. According to its prospectus, the company has 18 million funded accounts managing $81 billion in total assets. Robinhood also saw its sales more than triple last year to $959 million, with its full-year loss in 2019 flipping to a $7 million full-year profit in 2020.</p>\n<p>On the other hand, retail customers aren't playing a big role in Robinhood's underlying business, even if the platform is built around promoting retail interests. The company's prospectus notes that 75% of the $959 million in revenue collected last year was derived from selling order flow to market makers. Citadel Securities alone accounted for 34% of Robinhood's sales. This is a highly concentrated amount of revenue in only a few market makers, which leaves Robinhood exposed should any of these top customers take their business elsewhere.</p>\n<p>What's more, Robinhood is facing significant backlash from retail investors who feel slighted by the company's trading restrictions that were imposed during the short-squeeze bonanza in January and February. Even though the restrictions Robinhood put in place had to do with meeting liquidity requirements for brokerages, those excuses haven't sat well with retail investors. Let Robinhood's PR nightmare be someone else's problem.</p>\n<p><img src=\"https://static.tigerbbs.com/b45c4bd410befdb22fd801c7758dfb71\" tg-width=\"700\" tg-height=\"525\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Osprey Bitcoin Trust</h3>\n<p>I may not be a fan of the world's largest cryptocurrency by market cap, <b>Bitcoin</b> (CRYPTO:BTC), but I recognize there are countless ways to invest in digital currencies, some of which are better than others. Buying <b>Osprey Bitcoin Trust</b> (OTC:OBTC) might be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the worst ways to put your money to work in Bitcoin.</p>\n<p>Like <b>Grayscale Bitcoin Trust</b>, Osprey Bitcoin Trust purchases and holds Bitcoin. It's designed to be a way of buying a Bitcoin tracking security without having to purchase actual Bitcoin on a cryptocurrency exchange. As of July 30, Osprey owned approximately 2,835 Bitcoin, with a market value in the neighborhood of $120 million.</p>\n<p>Despite this valuation method being straightforward, Osprey is valued at an absurd premium of 21% to its Bitcoin holdings. In other words, instead of purchasing Bitcoin for, say, $42,000 a token on a crypto exchange, Osprey is being valued as if its portfolio contained Bitcoin at nearly $51,000 a token. That makes no sense.</p>\n<p>To boot, Bitcoin has a long history of protracted bear markets, which could significantly weigh on interest and cash inflow into the Osprey Bitcoin Trust. It's definitely worth avoiding in August.</p>\n<p><img src=\"https://static.tigerbbs.com/b18b49b2b35da2fc49e0a83b883d1c22\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Cassava Sciences</h3>\n<p>A fourth ultra-popular stock to avoid like the plague in August is clinical-stage biotech company <b>Cassava Sciences</b> (NASDAQ:SAVA). Like AMC, Cassava has found itself on this list quite a few times in recent months.</p>\n<p>Cassava's area of focus is Alzheimer's disease, which impacts more than 6 million Americans, and is a figure that continues to rise with each passing year. I would love for Cassava Sciences and its leading experimental drug simufilam to be successful. However, I'm also a realist and understand that there are few ailments with a lower late-stage clinical success rate than Alzheimer's.</p>\n<p>On the positive side, Cassava announced a statistically significant improvement in cognition (18% cognition score improvement from baseline) for patients who'd completed a nine-month, open-label clinical study. The company also released data showing statistically significant improvements in biomarker data for Alzheimer's patients who'd been treated for at least six months.</p>\n<p>But for roughly two decades, we've watched as behemoths like <b>Eli Lilly</b> and <b><a href=\"https://laohu8.com/S/MRK\">Merck</a></b>, and relatively unknown biotech stocks, like <b><a href=\"https://laohu8.com/S/VTVT\">vTv Therapeutics</a></b>, failed in clinical studies with their respective Alzheimer's treatments. Early and mid-stage promise is not uncommon, but larger-scale studies have been a nearly surefire fail for 20 years. Fighting against the odds, Cassava Sciences has the look of a stock worth avoiding in August.</p>\n<p><img src=\"https://static.tigerbbs.com/deae33b8912cffd8d0ba896164abff66\" tg-width=\"700\" tg-height=\"378\" referrerpolicy=\"no-referrer\"></p>\n<p>The electric Nikola Tre semi truck. Image source: Nikola.</p>\n<h3>Nikola</h3>\n<p>The fifth ultra-popular stock to steer clear of in August is electric vehicle (EV) manufacturer <b>Nikola</b> (NASDAQ:NKLA).</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a>' interest in Nikola has to do with the undeniable opportunity EV manufacturers have at their doorstep. In an effort to curb carbon emissions and climate change, we're likely going to witness a multi-decade consumer and enterprise vehicle replacement cycle. That's tens of millions of vehicles being sold each year and a wide-open market just waiting for market share to be grabbed.</p>\n<p>The issue for Nikola is that it's been contending with <a href=\"https://laohu8.com/S/AONE.U\">one</a> PR nightmare after another. Following a September report from noted short-side firm Hindenburg Research that alleged Nikola was a \"fraud,\" the Securities and Exchange Commission opened a probe into the company. An independent review found that some of the statements made by founder Trevor Milton regarding presells weren't entirely accurate.</p>\n<p>This past week, the next shoe dropped, with U.S. Department of Justice indicting Milton, who stepped down from his role with the company last year, on three charges that pertain to misleading investors. While these charges don't specifically affect Nikola's day-to-day operations, they undermine trust in a company that's trying to build itself from the ground up. Starting an EV company is costly, and Nikola may not have the capital needed to be a successful player, especially after allegedly misleading its investors. That makes it worth avoiding like the plague.</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>5 Ultra-Popular Stocks to Avoid Like the Plague in August</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\">\n5 Ultra-Popular Stocks to Avoid Like the Plague in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 20:35 GMT+8 <a href=https://www.fool.com/investing/2021/08/03/5-ultra-popular-stocks-avoid-like-plague-in-august/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's a great time to be a long-term investor. Despite shedding over a third of its value in just over a month during the first quarter of 2020, the benchmark S&P 500 has enjoyed a historic bounce-back...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/03/5-ultra-popular-stocks-avoid-like-plague-in-august/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAVA":"Cassava Sciences Inc","NKLA":"Nikola Corporation","AMC":"AMC院线","HOOD":"Robinhood"},"source_url":"https://www.fool.com/investing/2021/08/03/5-ultra-popular-stocks-avoid-like-plague-in-august/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156114799","content_text":"It's a great time to be a long-term investor. Despite shedding over a third of its value in just over a month during the first quarter of 2020, the benchmark S&P 500 has enjoyed a historic bounce-back rally that's seen the index gain 97% since March 23, 2020.\nBut while the long term favors optimists, we know that not every stock can be a winner. As we push headlong into August, the following five ultra-popular stocks all have attributes that make them highly avoidable.\n\nImage source: Getty Images.\nAMC Entertainment\nMovie theater chain and chief meme stock AMC Entertainment (NYSE:AMC) is a liable to be a fixture on this monthly list until it either resolves its operating inefficiencies or retraces another 85% -- whichever comes first.\nThe premise for avoiding AMC is simple: The math doesn't make sense. Although AMC was able to raise in the neighborhood of $2.2 billion in capital, it's still contending with over $5.4 billion in debt, as of the end of March, has $473 million in deferred rental obligations, and is dealing with multiple billions of dollars in remaining lease obligations. With over 513 million shares outstanding, AMC has effectively capped its authorized allowable share issuances, and will therefore be required to pay back the debt it owes with cash, which it simply doesn't have. The value of the company's 2026 and 2027 bonds, totaling over $1 billion in outstanding debt, combined, have been plunging of late, signifying that bankruptcy remains a possibility.\nIn addition, AMC's core business continues to face headwinds that won't go away. AT&T's Warner Bros. recently announced plans to simultaneously release 10 new movies to HBO Max and theaters on Day 1 in 2022. Warner Bros. also noted that exclusivity for some films will be halved to 45 days from the traditional period of 90 days. Couple this with a relatively steady 19-year drop-off in movie theater ticket sales, and you'll see that AMC's operating woes are very serious.\nThe icing on the cake was a tweet from CEO Adam Aron following AMC's annual shareholder meeting that effectively denounced many of the nefarious short-selling claims by noting that he and the board are \"unaware of any information validating these theories.\" This is all more than enough reason to keep your distance from AMC in August.\n\nImage source: Getty Images.\nRobinhood Markets\nDespite going public last week, online investing app Robinhood Markets (NASDAQ:HOOD) is a company that investors should avoid like the plague in August.\nOn the bright side, extreme volatility for stocks in 2020, coupled with a soaring cryptocurrency market in the early 2021, has fueled trading activity on Robinhood. According to its prospectus, the company has 18 million funded accounts managing $81 billion in total assets. Robinhood also saw its sales more than triple last year to $959 million, with its full-year loss in 2019 flipping to a $7 million full-year profit in 2020.\nOn the other hand, retail customers aren't playing a big role in Robinhood's underlying business, even if the platform is built around promoting retail interests. The company's prospectus notes that 75% of the $959 million in revenue collected last year was derived from selling order flow to market makers. Citadel Securities alone accounted for 34% of Robinhood's sales. This is a highly concentrated amount of revenue in only a few market makers, which leaves Robinhood exposed should any of these top customers take their business elsewhere.\nWhat's more, Robinhood is facing significant backlash from retail investors who feel slighted by the company's trading restrictions that were imposed during the short-squeeze bonanza in January and February. Even though the restrictions Robinhood put in place had to do with meeting liquidity requirements for brokerages, those excuses haven't sat well with retail investors. Let Robinhood's PR nightmare be someone else's problem.\n\nImage source: Getty Images.\nOsprey Bitcoin Trust\nI may not be a fan of the world's largest cryptocurrency by market cap, Bitcoin (CRYPTO:BTC), but I recognize there are countless ways to invest in digital currencies, some of which are better than others. Buying Osprey Bitcoin Trust (OTC:OBTC) might be one of the worst ways to put your money to work in Bitcoin.\nLike Grayscale Bitcoin Trust, Osprey Bitcoin Trust purchases and holds Bitcoin. It's designed to be a way of buying a Bitcoin tracking security without having to purchase actual Bitcoin on a cryptocurrency exchange. As of July 30, Osprey owned approximately 2,835 Bitcoin, with a market value in the neighborhood of $120 million.\nDespite this valuation method being straightforward, Osprey is valued at an absurd premium of 21% to its Bitcoin holdings. In other words, instead of purchasing Bitcoin for, say, $42,000 a token on a crypto exchange, Osprey is being valued as if its portfolio contained Bitcoin at nearly $51,000 a token. That makes no sense.\nTo boot, Bitcoin has a long history of protracted bear markets, which could significantly weigh on interest and cash inflow into the Osprey Bitcoin Trust. It's definitely worth avoiding in August.\n\nImage source: Getty Images.\nCassava Sciences\nA fourth ultra-popular stock to avoid like the plague in August is clinical-stage biotech company Cassava Sciences (NASDAQ:SAVA). Like AMC, Cassava has found itself on this list quite a few times in recent months.\nCassava's area of focus is Alzheimer's disease, which impacts more than 6 million Americans, and is a figure that continues to rise with each passing year. I would love for Cassava Sciences and its leading experimental drug simufilam to be successful. However, I'm also a realist and understand that there are few ailments with a lower late-stage clinical success rate than Alzheimer's.\nOn the positive side, Cassava announced a statistically significant improvement in cognition (18% cognition score improvement from baseline) for patients who'd completed a nine-month, open-label clinical study. The company also released data showing statistically significant improvements in biomarker data for Alzheimer's patients who'd been treated for at least six months.\nBut for roughly two decades, we've watched as behemoths like Eli Lilly and Merck, and relatively unknown biotech stocks, like vTv Therapeutics, failed in clinical studies with their respective Alzheimer's treatments. Early and mid-stage promise is not uncommon, but larger-scale studies have been a nearly surefire fail for 20 years. Fighting against the odds, Cassava Sciences has the look of a stock worth avoiding in August.\n\nThe electric Nikola Tre semi truck. Image source: Nikola.\nNikola\nThe fifth ultra-popular stock to steer clear of in August is electric vehicle (EV) manufacturer Nikola (NASDAQ:NKLA).\nInvestors' interest in Nikola has to do with the undeniable opportunity EV manufacturers have at their doorstep. In an effort to curb carbon emissions and climate change, we're likely going to witness a multi-decade consumer and enterprise vehicle replacement cycle. That's tens of millions of vehicles being sold each year and a wide-open market just waiting for market share to be grabbed.\nThe issue for Nikola is that it's been contending with one PR nightmare after another. Following a September report from noted short-side firm Hindenburg Research that alleged Nikola was a \"fraud,\" the Securities and Exchange Commission opened a probe into the company. An independent review found that some of the statements made by founder Trevor Milton regarding presells weren't entirely accurate.\nThis past week, the next shoe dropped, with U.S. Department of Justice indicting Milton, who stepped down from his role with the company last year, on three charges that pertain to misleading investors. While these charges don't specifically affect Nikola's day-to-day operations, they undermine trust in a company that's trying to build itself from the ground up. Starting an EV company is costly, and Nikola may not have the capital needed to be a successful player, especially after allegedly misleading its investors. That makes it worth avoiding like the plague.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
