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2021-12-05

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Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale

2021-11-10

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2021-11-07

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He owned a combination of about 244 million","content":"<p>Dec 3 (Reuters) - Tesla Inc&nbsp;Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>10.7 mln</td>\n   <td>10.1 mln</td>\n   <td>$10.87 bln</td>\n  </tr>\n </tbody>\n</table>\n<p><b>HOW DID MUSK SELL?</b></p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.</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>Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale</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's Musk over halfway through his pledge with nearly $11 bln stake sale\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\">2021-12-03 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 3 (Reuters) - Tesla Inc&nbsp;Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>10.7 mln</td>\n   <td>10.1 mln</td>\n   <td>$10.87 bln</td>\n  </tr>\n </tbody>\n</table>\n<p><b>HOW DID MUSK SELL?</b></p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158981658","content_text":"Dec 3 (Reuters) - Tesla Inc Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.\nHe has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.\nHere is a string of transactions he has done:\n\n\n\nDATE\nSHARES ACQUIRED\nSHARES SOLD\nGROSS PROCEEDS\n\n\nNOV. 8\n2.2 mln\n\n\n\n\nNOV. 8\n\n934,091\n$1.10 bln\n\n\nNOV. 9\n\n3.1 mln\n$3.35 bln\n\n\nNOV. 10\n\n500,000\n$527.3 mln\n\n\nNOV. 11\n\n639,737\n$687.3 mln\n\n\nNOV. 12\n\n1.2 mln\n$1.24 bln\n\n\nNOV. 15\n2.1 mln\n\n\n\n\nNOV. 15\n\n934,091\n$930.7 mln\n\n\nNOV. 16\n2.1 mln\n\n\n\n\nNOV. 16\n\n934,091\n$973.4 mln\n\n\nNOV. 23\n2.15 mln\n934,091\n$1.05 bln\n\n\nDEC. 2\n2.1 mln\n934,091\n$1.01 bln\n\n\nTotal\n10.7 mln\n10.1 mln\n$10.87 bln\n\n\n\nHOW DID MUSK SELL?\nMusk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.\nThe tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.\nFollowing a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847469683,"gmtCreate":1636546453190,"gmtModify":1636546453339,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCTZF\">$Tencent Holding Ltd.(TCTZF)$</a>[Glance]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TCTZF\">$Tencent Holding Ltd.(TCTZF)$</a>[Glance]&nbsp;","text":"$Tencent Holding Ltd.(TCTZF)$[Glance]","images":[{"img":"https://static.tigerbbs.com/5d4cb2e4b0358397b0f971eb3a5729bb","width":"750","height":"2189"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/847469683","isVote":1,"tweetType":1,"viewCount":1101,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"Venus_M","avatar":"https://static.tigerbbs.com/525433622d774840840ddaacaf2281d2","crmLevel":2,"crmLevelSwitch":0},"content":"你的圣诞老人🎅照片真可爱，[笑哭]","text":"你的圣诞老人🎅照片真可爱，[笑哭]","html":"你的圣诞老人🎅照片真可爱，[笑哭]"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847006582,"gmtCreate":1636465921975,"gmtModify":1636466403627,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SAM\">$Boston Beer(SAM)$</a>Cheers! Come on mate!!","listText":"<a href=\"https://laohu8.com/S/SAM\">$Boston Beer(SAM)$</a>Cheers! Come on mate!!","text":"$Boston Beer(SAM)$Cheers! Come on mate!!","images":[{"img":"https://static.tigerbbs.com/b631df259448bbefd29b4cddbbc6dd21","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847006582","isVote":1,"tweetType":1,"viewCount":1648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847001781,"gmtCreate":1636465783880,"gmtModify":1636466396549,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Quack! Quack!&nbsp;","listText":"Quack! Quack!&nbsp;","text":"Quack! Quack!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847001781","repostId":"1164632864","repostType":4,"repost":{"id":"1164632864","pubTimestamp":1636452133,"share":"https://www.laohu8.com/m/news/1164632864?lang=&edition=full","pubTime":"2021-11-09 18:02","market":"us","language":"en","title":"Why markets are like a duck: ‘calm above the surface, but furious churning below’","url":"https://stock-news.laohu8.com/highlight/detail?id=1164632864","media":"Marketwatch","summary":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial ","content":"<p>Mario Draghi famously&nbsp;likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”</p>\n<p>The calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.</p>\n<p>But below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a225428109bc24bddb8dbd14801b7065\" tg-width=\"700\" tg-height=\"408\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>Anyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.</p>\n<p>Short-term government bond yields, including those on 2-year U.S. Treasury notes,&nbsp;began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.</p>\n<p>The speed of the move has been interpreted by some investors as the potential harbinger of&nbsp;a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.</p>\n<p>Two-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.</p>\n<p>“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.</p>\n<p>Stocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&amp;P 500&nbsp;was up 26.9% year to date through Friday, while the Dow Jones Industrial Average&nbsp;has rallied 21.2% and the Nasdaq Composite&nbsp;advanced 23.9%.</p>\n<p>So what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&amp;P 500,” they said.</p>\n<p>It also means that risk premium matters (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fa8a9c15b74f8c569f39f375770bdc7\" tg-width=\"700\" tg-height=\"383\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.</p>","source":"market_watch","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 markets are like a duck: ‘calm above the surface, but furious churning below’</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 markets are like a duck: ‘calm above the surface, but furious churning below’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1164632864","content_text":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”\nThe calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.\nBut below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.\nMORGAN STANLEY RESEARCH\nAnyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.\nShort-term government bond yields, including those on 2-year U.S. Treasury notes, began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.\nThe speed of the move has been interpreted by some investors as the potential harbinger of a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.\nTwo-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.\n“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.\nStocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&P 500 was up 26.9% year to date through Friday, while the Dow Jones Industrial Average has rallied 21.2% and the Nasdaq Composite advanced 23.9%.\nSo what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&P 500,” they said.\nIt also means that risk premium matters (see chart below).\nMORGAN STANLEY RESEARCH\n“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842779522,"gmtCreate":1636249141377,"gmtModify":1636249518809,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRQ\">$Turquoise Hill Resources(TRQ)$</a>[Sad]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TRQ\">$Turquoise Hill Resources(TRQ)$</a>[Sad]&nbsp;","text":"$Turquoise Hill 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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":1638545456,"share":"https://www.laohu8.com/m/news/1158981658?lang=&edition=full","pubTime":"2021-12-03 23:30","market":"us","language":"en","title":"Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1158981658","media":"Reuters","summary":"Dec 3  - Tesla Inc Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million","content":"<p>Dec 3 (Reuters) - Tesla Inc&nbsp;Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>10.7 mln</td>\n   <td>10.1 mln</td>\n   <td>$10.87 bln</td>\n  </tr>\n </tbody>\n</table>\n<p><b>HOW DID MUSK SELL?</b></p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.</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>Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale</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's Musk over halfway through his pledge with nearly $11 bln stake sale\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\">2021-12-03 23:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 3 (Reuters) - Tesla Inc&nbsp;Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>10.7 mln</td>\n   <td>10.1 mln</td>\n   <td>$10.87 bln</td>\n  </tr>\n </tbody>\n</table>\n<p><b>HOW DID MUSK SELL?</b></p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Following a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158981658","content_text":"Dec 3 (Reuters) - Tesla Inc Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.\nHe has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.\nHere is a string of transactions he has done:\n\n\n\nDATE\nSHARES ACQUIRED\nSHARES SOLD\nGROSS PROCEEDS\n\n\nNOV. 8\n2.2 mln\n\n\n\n\nNOV. 8\n\n934,091\n$1.10 bln\n\n\nNOV. 9\n\n3.1 mln\n$3.35 bln\n\n\nNOV. 10\n\n500,000\n$527.3 mln\n\n\nNOV. 11\n\n639,737\n$687.3 mln\n\n\nNOV. 12\n\n1.2 mln\n$1.24 bln\n\n\nNOV. 15\n2.1 mln\n\n\n\n\nNOV. 15\n\n934,091\n$930.7 mln\n\n\nNOV. 16\n2.1 mln\n\n\n\n\nNOV. 16\n\n934,091\n$973.4 mln\n\n\nNOV. 23\n2.15 mln\n934,091\n$1.05 bln\n\n\nDEC. 2\n2.1 mln\n934,091\n$1.01 bln\n\n\nTotal\n10.7 mln\n10.1 mln\n$10.87 bln\n\n\n\nHOW DID MUSK SELL?\nMusk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.\nThe tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.\nFollowing a flurry of options exercise, Musk still has an option to buy about 10 million more shares at $6.24 each, which expires in August next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847469683,"gmtCreate":1636546453190,"gmtModify":1636546453339,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCTZF\">$Tencent Holding Ltd.(TCTZF)$</a>[Glance]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TCTZF\">$Tencent Holding Ltd.(TCTZF)$</a>[Glance]&nbsp;","text":"$Tencent Holding Ltd.(TCTZF)$[Glance]","images":[{"img":"https://static.tigerbbs.com/5d4cb2e4b0358397b0f971eb3a5729bb","width":"750","height":"2189"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/847469683","isVote":1,"tweetType":1,"viewCount":1101,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566385558470298","authorId":"3566385558470298","name":"Venus_M","avatar":"https://static.tigerbbs.com/525433622d774840840ddaacaf2281d2","crmLevel":2,"crmLevelSwitch":0},"content":"你的圣诞老人🎅照片真可爱，[笑哭]","text":"你的圣诞老人🎅照片真可爱，[笑哭]","html":"你的圣诞老人🎅照片真可爱，[笑哭]"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":829523234,"gmtCreate":1633528351817,"gmtModify":1633528351890,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Holding strong, don’t give up now. Like pls.","listText":"Holding strong, don’t give up now. Like pls.","text":"Holding strong, don’t give up now. Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829523234","repostId":"1120895443","repostType":4,"repost":{"id":"1120895443","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":1633509156,"share":"https://www.laohu8.com/m/news/1120895443?lang=&edition=full","pubTime":"2021-10-06 16:32","market":"us","language":"en","title":"Nvidia offers EU concessions over $54 billion Arm deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1120895443","media":"Reuters","summary":"NVIDIA Corp has offered concessions in a bid to secure EU antitrust approval for its $54 billion acq","content":"<p><b><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> </b>has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday.</p>\n<p>The deal announced by world's biggest maker of graphics and AI chips last year has sparked concerns in the semiconductor industry over whether Arm could remain a neutral player licensing intellectual property to customers and rivals.</p>\n<p>The EU competition enforcer, which did not provide details of the concessions in line with its policy, set an Oct. 27 deadline for its decision.</p>\n<p>It will now seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a four-month long investigation.</p>\n<p>Nvidia has said it would maintain Arm as a neutral technology supplier as it aims to allay concerns from customers such as Qualcomm Inc, Samsung Electronics Co Ltd and Apple Inc.</p>\n<p>Arm customers Broadcom, MediaTek and Marvell are supporters of the deal.</p>\n<p>Arm, owned by Japan's SoftBank Group Corp, is a major player in global semiconductors. Its designs power nearly every smartphone and millions of other devices.</p>\n<p>Nvidia&nbsp;fell&nbsp;nearly&nbsp;2%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/6d7a777ee72c49ae6fe1c682398e7098\" tg-width=\"984\" tg-height=\"568\" width=\"100%\" height=\"auto\"></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>Nvidia offers EU concessions over $54 billion Arm deal</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\">\nNvidia offers EU concessions over $54 billion Arm deal\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\">2021-10-06 16:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> </b>has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday.</p>\n<p>The deal announced by world's biggest maker of graphics and AI chips last year has sparked concerns in the semiconductor industry over whether Arm could remain a neutral player licensing intellectual property to customers and rivals.</p>\n<p>The EU competition enforcer, which did not provide details of the concessions in line with its policy, set an Oct. 27 deadline for its decision.</p>\n<p>It will now seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a four-month long investigation.</p>\n<p>Nvidia has said it would maintain Arm as a neutral technology supplier as it aims to allay concerns from customers such as Qualcomm Inc, Samsung Electronics Co Ltd and Apple Inc.</p>\n<p>Arm customers Broadcom, MediaTek and Marvell are supporters of the deal.</p>\n<p>Arm, owned by Japan's SoftBank Group Corp, is a major player in global semiconductors. Its designs power nearly every smartphone and millions of other devices.</p>\n<p>Nvidia&nbsp;fell&nbsp;nearly&nbsp;2%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/6d7a777ee72c49ae6fe1c682398e7098\" tg-width=\"984\" tg-height=\"568\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120895443","content_text":"NVIDIA Corp has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday.\nThe deal announced by world's biggest maker of graphics and AI chips last year has sparked concerns in the semiconductor industry over whether Arm could remain a neutral player licensing intellectual property to customers and rivals.\nThe EU competition enforcer, which did not provide details of the concessions in line with its policy, set an Oct. 27 deadline for its decision.\nIt will now seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a four-month long investigation.\nNvidia has said it would maintain Arm as a neutral technology supplier as it aims to allay concerns from customers such as Qualcomm Inc, Samsung Electronics Co Ltd and Apple Inc.\nArm customers Broadcom, MediaTek and Marvell are supporters of the deal.\nArm, owned by Japan's SoftBank Group Corp, is a major player in global semiconductors. Its designs power nearly every smartphone and millions of other devices.\nNvidia fell nearly 2% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848710557,"gmtCreate":1636028555928,"gmtModify":1636028556113,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S58.SI\">$SATS LTD.(S58.SI)$</a>[Sad]&nbsp;","listText":"<a href=\"https://laohu8.com/S/S58.SI\">$SATS LTD.(S58.SI)$</a>[Sad]&nbsp;","text":"$SATS LTD.(S58.SI)$[Sad]","images":[{"img":"https://static.tigerbbs.com/ff5846fd3a16dc1f82997bbef4cc281f","width":"1125","height":"2605"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848710557","isVote":1,"tweetType":1,"viewCount":637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":828311543,"gmtCreate":1633843048241,"gmtModify":1633843048241,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Strong]&nbsp;[Strong]&nbsp;[666]&nbsp;","listText":"[Strong]&nbsp;[Strong]&nbsp;[666]&nbsp;","text":"[Strong] [Strong] [666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/828311543","repostId":"823928797","repostType":1,"repost":{"id":823928797,"gmtCreate":1633573165033,"gmtModify":1633580099002,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OYY.SI\">$PROPNEX LIMITED(OYY.SI)$</a>&nbsp;Despite the volatility in the market the last few days, Propnex is holding its own and did not dip too much!&nbsp; It is the largest Real Estate agency in Singapore and is achieving high growth due to a hot property market here!It is a great stock to own as it is asset light and enjoys economies of scale.&nbsp; &nbsp;I look forward to holding this stock long term as I believe in land scarce Singapore, property prices will continue its upward trend and Propnex is right in the heart of this boom!&nbsp;","listText":"<a href=\"https://laohu8.com/S/OYY.SI\">$PROPNEX LIMITED(OYY.SI)$</a>&nbsp;Despite the volatility in the market the last few days, Propnex is holding its own and did not dip too much!&nbsp; It is the largest Real Estate agency in Singapore and is achieving high growth due to a hot property market here!It is a great stock to own as it is asset light and enjoys economies of scale.&nbsp; &nbsp;I look forward to holding this stock long term as I believe in land scarce Singapore, property prices will continue its upward trend and Propnex is right in the heart of this boom!&nbsp;","text":"$PROPNEX LIMITED(OYY.SI)$ Despite the volatility in the market the last few days, Propnex is holding its own and did not dip too much! It is the largest Real Estate agency in Singapore and is achieving high growth due to a hot property market here!It is a great stock to own as it is asset light and enjoys economies of scale. I look forward to holding this stock long term as I believe in land scarce Singapore, property prices will continue its upward trend and Propnex is right in the heart of this boom!","images":[{"img":"https://static.tigerbbs.com/a48a88ab7616e4320e3738ea78fc70c1","width":"1080","height":"3444"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823928797","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821456160,"gmtCreate":1633778265434,"gmtModify":1633778265434,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ATHM\">$Autohome(ATHM)$</a>[Cool]&nbsp;","listText":"<a href=\"https://laohu8.com/S/ATHM\">$Autohome(ATHM)$</a>[Cool]&nbsp;","text":"$Autohome(ATHM)$[Cool]","images":[{"img":"https://static.tigerbbs.com/a681a2c9da7b2ff8f5748a09abec7b7e","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/821456160","isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":0},"content":"祝贺👍😊🎉🎊🎉","text":"祝贺👍😊🎉🎊🎉","html":"祝贺👍😊🎉🎊🎉"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823127675,"gmtCreate":1633604493500,"gmtModify":1633604493500,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Get ready&nbsp;","listText":"Get ready&nbsp;","text":"Get ready","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823127675","repostId":"1152020493","repostType":4,"repost":{"id":"1152020493","pubTimestamp":1633600142,"share":"https://www.laohu8.com/m/news/1152020493?lang=&edition=full","pubTime":"2021-10-07 17:49","market":"us","language":"en","title":"This volatile stock market could be ready for a ‘melt up’ through the end of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1152020493","media":"MarketWatch","summary":"Seasonality and a better economy fuels potential for further gains.\n\nWhat are the odds of a melt-up ","content":"<blockquote>\n <b>Seasonality and a better economy fuels potential for further gains.</b>\n</blockquote>\n<p>What are the odds of a melt-up for U.S. stocks for rest of 2021? If history is any guide, stocks can be expected to bottom in early October and begin a period of seasonal strength into year-end.</p>\n<p><img src=\"https://static.tigerbbs.com/3f080d19d4dc7f62dae90520b71b3229\" tg-width=\"700\" tg-height=\"508\" width=\"100%\" height=\"auto\">Ned Davis Research recently sketched a bullish scenario into year-end for global equities by pointing out that the fourth quarter has been the strongest over the past few years.</p>\n<p><img src=\"https://static.tigerbbs.com/22569021601bd7d89ac322883d5fd2e9\" tg-width=\"700\" tg-height=\"556\" width=\"100%\" height=\"auto\">Risk appetite indicators have been steadily improving, but haven’t risen sufficiently to flash a buy signal just yet. These readings are consistent with my fourth-quarter sector review, which also found signs of cyclical and reflation strength, but no broad-based confirmation.</p>\n<p><b>Supportive sentiment</b></p>\n<p>The sentiment backdrop is becoming more supportive of an advance, though readings haven’t fallen to panic extremes. For example, the NAAIM Exposure Index, which measures the sentiment of registered investment advisers, plunged recently but didn’t break the 26-week Bollinger Band. A penetration of the low Bollinger Band has been a strong buy signal in the past.</p>\n<p>These conditions lead me to believe that risk/reward in U.S. stocks now is tilted to the upside. The maximum drawdown of the S&amp;P 500SPX,+0.41%from its highs is -5%. It’s conceivable that stocks could pull back, but another 2%-3% of weakness is likely to spark panic levels in many sentiment models. While I am cautiously bullish, I am not ready to go all-in just yet.</p>\n<p><b>Supply chain bottlenecks</b></p>\n<p>Won’t rising energy prices create inflationary pressure and force the Fed to act? Fed Chair Jerome Powell testified that inflationary pressures were expected to be transitory because of supply chain bottlenecks, but allowed that the transitory period may last longer than expected.</p>\n<p>The headlines may see rising hysteria over shortages in the coming weeks as Christmas nears and products aren’t available in plentiful supply. In reality, the shortages are attributable to a supply shock owing to rising demand in the face of limited manufacturing and transportation capacity. Central bankers raising interest rates won’t make the semiconductor shortage go away, nor will it expand shipping and trucking capacity.</p>\n<p>Although there are many bottlenecks, in particular in transporting materials to factories, and goods from factories to sellers, orders for goods that will last a (relatively) long time continue to get better. There is simply no downward pressure on the producer sector of the U.S. economy at this time.</p>\n<p>The next important data release will be the November jobs report. How will the juxtaposition of COVID cases, the expiry of emergency assistance programs, supply chain bottlenecks, and widespread reports of labor shortages affect the employment situation? Powell stated after the last FOMC meeting that it would take a large miss on the November report for the Fed to rethink its plans to taper its QE purchases. This is what reflation looks like.</p>\n<p><b>Fiscal wild cards</b></p>\n<p>On the other hand, investors will have to deal with the confusing fiscal picture out of Washington. This time, there are simply a lot of balls in the air and many moving parts to fiscal policy. Each issue is separate but related and any one of them could go off the rails and affect fiscal policy and unsettle the markets.</p>\n<p></p>\n<ul>\n <li>Funding the federal government, which can be done with a Continuing Resolution in the short run</li>\n <li>The debt ceiling</li>\n <li>The infrastructure bill</li>\n <li>The budget reconciliation process.</li>\n</ul>\n<p>Here is how President Joe Biden’s proposals could affect future policy and change the lives of Americans:</p>\n<ul>\n <li><b>Transportation</b>: Electric vehicle (EV) subsidies, spending for EV infrastructure like public charging stations, public transport subsidies, especially for rail travel.</li>\n <li><b>Healthcare</b>: Expand Medicare coverage to dental, vision, and hearing benefits, free Medicaid coverage for more lower-income Americans, lower drug prices.</li>\n <li><b>Child care and education</b>: Free day care for lower-income Americans,&nbsp;two years of free preschool before kindergarten and two free years of community college, and&nbsp;12 weeks of paid family leave to tend to a sick family member.</li>\n</ul>\n<p>I have no idea of how this wish list will play out in the tug-of-war in Washington. Make no mistake that the legislative skills are there for a deal to be done. House Speaker Nancy Pelosi is a vote counter par excellence, Democratic Senator Majority Leader Chuck Schumer understands his caucus, while Biden enjoys wide approval among Democrats and has a strong legislative record in the Senate.</p>\n<p>In all likelihood, the Democrats’ ambitious agenda will be watered down. As an example, Biden’s original proposal was to raise the corporate tax rate from 21% to 28%, though expectations were scaled back to 25%.&nbsp;PredictIt odds&nbsp;show that the chances of no tax increase or a sub-25% tax rate are rising. As a 25% rate has been largely discounted by the market, a lower tax rate would be a welcome surprise for equity investors.</p>\n<p>Putting it all together, the stock market may be setting up for a period of positive seasonality into year-end, which would be sparked by a reflationary boom. Yet a number of important cyclical tripwires have not been triggered. At a minimum and in the short-term, the S&amp;P 500 needs to rally and regain its 50-day moving average as it tests the Evergrande-panic lows.</p>\n<p><img src=\"https://static.tigerbbs.com/f8834c96eaa2d6eb49be99bc4a8ac5cd\" tg-width=\"699\" tg-height=\"421\" width=\"100%\" height=\"auto\"></p>\n<p></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>This volatile stock market could be ready for a ‘melt up’ through the end of 2021</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\">\nThis volatile stock market could be ready for a ‘melt up’ through the end of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 17:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-the-stock-market-is-signaling-melt-up-through-the-end-of-2021-11633507257?mod=newsviewer_click_seemore><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seasonality and a better economy fuels potential for further gains.\n\nWhat are the odds of a melt-up for U.S. stocks for rest of 2021? If history is any guide, stocks can be expected to bottom in early...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-the-stock-market-is-signaling-melt-up-through-the-end-of-2021-11633507257?mod=newsviewer_click_seemore\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/why-the-stock-market-is-signaling-melt-up-through-the-end-of-2021-11633507257?mod=newsviewer_click_seemore","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152020493","content_text":"Seasonality and a better economy fuels potential for further gains.\n\nWhat are the odds of a melt-up for U.S. stocks for rest of 2021? If history is any guide, stocks can be expected to bottom in early October and begin a period of seasonal strength into year-end.\nNed Davis Research recently sketched a bullish scenario into year-end for global equities by pointing out that the fourth quarter has been the strongest over the past few years.\nRisk appetite indicators have been steadily improving, but haven’t risen sufficiently to flash a buy signal just yet. These readings are consistent with my fourth-quarter sector review, which also found signs of cyclical and reflation strength, but no broad-based confirmation.\nSupportive sentiment\nThe sentiment backdrop is becoming more supportive of an advance, though readings haven’t fallen to panic extremes. For example, the NAAIM Exposure Index, which measures the sentiment of registered investment advisers, plunged recently but didn’t break the 26-week Bollinger Band. A penetration of the low Bollinger Band has been a strong buy signal in the past.\nThese conditions lead me to believe that risk/reward in U.S. stocks now is tilted to the upside. The maximum drawdown of the S&P 500SPX,+0.41%from its highs is -5%. It’s conceivable that stocks could pull back, but another 2%-3% of weakness is likely to spark panic levels in many sentiment models. While I am cautiously bullish, I am not ready to go all-in just yet.\nSupply chain bottlenecks\nWon’t rising energy prices create inflationary pressure and force the Fed to act? Fed Chair Jerome Powell testified that inflationary pressures were expected to be transitory because of supply chain bottlenecks, but allowed that the transitory period may last longer than expected.\nThe headlines may see rising hysteria over shortages in the coming weeks as Christmas nears and products aren’t available in plentiful supply. In reality, the shortages are attributable to a supply shock owing to rising demand in the face of limited manufacturing and transportation capacity. Central bankers raising interest rates won’t make the semiconductor shortage go away, nor will it expand shipping and trucking capacity.\nAlthough there are many bottlenecks, in particular in transporting materials to factories, and goods from factories to sellers, orders for goods that will last a (relatively) long time continue to get better. There is simply no downward pressure on the producer sector of the U.S. economy at this time.\nThe next important data release will be the November jobs report. How will the juxtaposition of COVID cases, the expiry of emergency assistance programs, supply chain bottlenecks, and widespread reports of labor shortages affect the employment situation? Powell stated after the last FOMC meeting that it would take a large miss on the November report for the Fed to rethink its plans to taper its QE purchases. This is what reflation looks like.\nFiscal wild cards\nOn the other hand, investors will have to deal with the confusing fiscal picture out of Washington. This time, there are simply a lot of balls in the air and many moving parts to fiscal policy. Each issue is separate but related and any one of them could go off the rails and affect fiscal policy and unsettle the markets.\n\n\nFunding the federal government, which can be done with a Continuing Resolution in the short run\nThe debt ceiling\nThe infrastructure bill\nThe budget reconciliation process.\n\nHere is how President Joe Biden’s proposals could affect future policy and change the lives of Americans:\n\nTransportation: Electric vehicle (EV) subsidies, spending for EV infrastructure like public charging stations, public transport subsidies, especially for rail travel.\nHealthcare: Expand Medicare coverage to dental, vision, and hearing benefits, free Medicaid coverage for more lower-income Americans, lower drug prices.\nChild care and education: Free day care for lower-income Americans, two years of free preschool before kindergarten and two free years of community college, and 12 weeks of paid family leave to tend to a sick family member.\n\nI have no idea of how this wish list will play out in the tug-of-war in Washington. Make no mistake that the legislative skills are there for a deal to be done. House Speaker Nancy Pelosi is a vote counter par excellence, Democratic Senator Majority Leader Chuck Schumer understands his caucus, while Biden enjoys wide approval among Democrats and has a strong legislative record in the Senate.\nIn all likelihood, the Democrats’ ambitious agenda will be watered down. As an example, Biden’s original proposal was to raise the corporate tax rate from 21% to 28%, though expectations were scaled back to 25%. PredictIt odds show that the chances of no tax increase or a sub-25% tax rate are rising. As a 25% rate has been largely discounted by the market, a lower tax rate would be a welcome surprise for equity investors.\nPutting it all together, the stock market may be setting up for a period of positive seasonality into year-end, which would be sparked by a reflationary boom. Yet a number of important cyclical tripwires have not been triggered. At a minimum and in the short-term, the S&P 500 needs to rally and regain its 50-day moving average as it tests the Evergrande-panic lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851868676,"gmtCreate":1634892972554,"gmtModify":1634895584312,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/OV8.SI\">$SHENG SIONG GROUP LTD(OV8.SI)$</a>[What]&nbsp;","text":"$SHENG SIONG GROUP LTD(OV8.SI)$[What]","images":[{"img":"https://static.tigerbbs.com/693fa4b77d5b1293fda7f1fdeb638f03","width":"1125","height":"2605"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851868676","isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":827201818,"gmtCreate":1634472392904,"gmtModify":1634472393016,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NNDM\">$Nano Dimension(NNDM)$</a>[Cool]&nbsp;","listText":"<a href=\"https://laohu8.com/S/NNDM\">$Nano Dimension(NNDM)$</a>[Cool]&nbsp;","text":"$Nano Dimension(NNDM)$[Cool]","images":[{"img":"https://static.tigerbbs.com/258da8caf80bb3c6634634240707ce10","width":"1125","height":"3735"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/827201818","isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":827203463,"gmtCreate":1634472229548,"gmtModify":1634472229693,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SAM\">$Boston Beer(SAM)$</a>[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SAM\">$Boston Beer(SAM)$</a>[What]&nbsp;","text":"$Boston Beer(SAM)$[What]","images":[{"img":"https://static.tigerbbs.com/2758ad122cedb27b8adc2b78be437127","width":"1125","height":"3654"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/827203463","isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823151064,"gmtCreate":1633604935202,"gmtModify":1633604935202,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Whatever…","listText":"Whatever…","text":"Whatever…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823151064","repostId":"1139633691","repostType":4,"repost":{"id":"1139633691","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633600427,"share":"https://www.laohu8.com/m/news/1139633691?lang=&edition=full","pubTime":"2021-10-07 17:53","market":"us","language":"en","title":"Palantir, Tilray, Affirm See High WallStreetBets Interest But This Stock Tops The Charts Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1139633691","media":"Benzinga","summary":"SmileDirectClub, Inc. has emerged as the most-discussed stock onReddit’sr/WallStreetBetsforum as on ","content":"<p><b><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> </b>has emerged as the most-discussed stock onReddit’s<b>r/WallStreetBets</b>forum as on Wednesday night, while&nbsp;<b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></b>&nbsp;,<b><a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a>,</b>&nbsp;<b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b>&nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/GME\">GameStop</a> </b>are also seeing high interest.</p>\n<p><b>What Happened</b>: Exchange-traded fund<b>SPDR S&amp;P 500 ETF Trust</b>&nbsp;is seeing the highest interest on the forum with 745 mentions as at press time, followed by oral care company SmileDirectClub with 414 mentions, data from Quiver Quantitative showed.</p>\n<p>Data analytics company Palantir Technologies and cannabis company Tilray are in the third and fourth positions, having attracted 328 and 192 mentions, respectively.</p>\n<p>Apart from fintech lender Affirm Holdings and videogame retailer GameStop, the other stocks trending on the forum include e-commerce company<b><a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a></b>, social media giant<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>, electric vehicle maker&nbsp;<b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>&nbsp;and exchange-traded fund&nbsp;<b><a href=\"https://laohu8.com/S/IVZ\">Invesco</a> QQQ Trust</b>.</p>\n<p><b>Why It Matters</b>: SmileDirectClub has emerged as the most-discussed stock on the WSB forum after the company said it would receive a patent from the United States Patent &amp; Trademark Office (USPTO) for the SmileBus concept. Seen as a potential short squeeze candidate by investors on the forum, the company has 32.6% of its float held short, as per the latest data from Yahoo! Finance.</p>\n<p>Tilray is seeing high interest on the forum ahead of the release of its first-quarter financial results on Thursday, Oct. 7, before the market open.</p>\n<p>Shares of Affirm Holdings gained almost 20% in the regular trading session after retailer<b>&nbsp;<a href=\"https://laohu8.com/S/TGT\">Target</a></b>&nbsp;saidit has added a&nbsp;“buy now pay later”&nbsp;option&nbsp;for customers via Affirm and&nbsp;<b><a href=\"https://laohu8.com/S/SEZNL\">SEZZLE INC.</a> </b>ahead of the holiday season.</p>\n<p><b>Price Action</b>: SPDR S&amp;P 500 ETF Trust’s shares closed 0.4% higher in Wednesday’s regular trading session at $434.90 and further rose almost 0.3% in the after-hours session to $436.12.</p>\n<p>SmileDirectClub shares closed almost 15% higher in the regular trading session at $6.75 but declined almost 0.6% in the after-hours session to $6.71.</p>\n<p>Palantir Technologies shares closed almost 1.6% higher in the regular trading session at $23.58 but declined almost 0.2% in the after-hours session to $23.54.</p>\n<p></p>\n<p></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>Palantir, Tilray, Affirm See High WallStreetBets Interest But This Stock Tops The Charts 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\">\nPalantir, Tilray, Affirm See High WallStreetBets Interest But This Stock Tops The Charts Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-07 17:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> </b>has emerged as the most-discussed stock onReddit’s<b>r/WallStreetBets</b>forum as on Wednesday night, while&nbsp;<b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></b>&nbsp;,<b><a href=\"https://laohu8.com/S/TLRY\">Tilray Inc.</a>,</b>&nbsp;<b><a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a></b>&nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/GME\">GameStop</a> </b>are also seeing high interest.</p>\n<p><b>What Happened</b>: Exchange-traded fund<b>SPDR S&amp;P 500 ETF Trust</b>&nbsp;is seeing the highest interest on the forum with 745 mentions as at press time, followed by oral care company SmileDirectClub with 414 mentions, data from Quiver Quantitative showed.</p>\n<p>Data analytics company Palantir Technologies and cannabis company Tilray are in the third and fourth positions, having attracted 328 and 192 mentions, respectively.</p>\n<p>Apart from fintech lender Affirm Holdings and videogame retailer GameStop, the other stocks trending on the forum include e-commerce company<b><a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a></b>, social media giant<b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>, electric vehicle maker&nbsp;<b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>&nbsp;and exchange-traded fund&nbsp;<b><a href=\"https://laohu8.com/S/IVZ\">Invesco</a> QQQ Trust</b>.</p>\n<p><b>Why It Matters</b>: SmileDirectClub has emerged as the most-discussed stock on the WSB forum after the company said it would receive a patent from the United States Patent &amp; Trademark Office (USPTO) for the SmileBus concept. Seen as a potential short squeeze candidate by investors on the forum, the company has 32.6% of its float held short, as per the latest data from Yahoo! Finance.</p>\n<p>Tilray is seeing high interest on the forum ahead of the release of its first-quarter financial results on Thursday, Oct. 7, before the market open.</p>\n<p>Shares of Affirm Holdings gained almost 20% in the regular trading session after retailer<b>&nbsp;<a href=\"https://laohu8.com/S/TGT\">Target</a></b>&nbsp;saidit has added a&nbsp;“buy now pay later”&nbsp;option&nbsp;for customers via Affirm and&nbsp;<b><a href=\"https://laohu8.com/S/SEZNL\">SEZZLE INC.</a> </b>ahead of the holiday season.</p>\n<p><b>Price Action</b>: SPDR S&amp;P 500 ETF Trust’s shares closed 0.4% higher in Wednesday’s regular trading session at $434.90 and further rose almost 0.3% in the after-hours session to $436.12.</p>\n<p>SmileDirectClub shares closed almost 15% higher in the regular trading session at $6.75 but declined almost 0.6% in the after-hours session to $6.71.</p>\n<p>Palantir Technologies shares closed almost 1.6% higher in the regular trading session at $23.58 but declined almost 0.2% in the after-hours session to $23.54.</p>\n<p></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","AFRM":"Affirm Holdings, Inc.","PLTR":"Palantir Technologies Inc.","SDC":"SmileDirectClub, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139633691","content_text":"SmileDirectClub, Inc. has emerged as the most-discussed stock onReddit’sr/WallStreetBetsforum as on Wednesday night, while Palantir Technologies Inc. ,Tilray Inc., Affirm Holdings, Inc. and GameStop are also seeing high interest.\nWhat Happened: Exchange-traded fundSPDR S&P 500 ETF Trust is seeing the highest interest on the forum with 745 mentions as at press time, followed by oral care company SmileDirectClub with 414 mentions, data from Quiver Quantitative showed.\nData analytics company Palantir Technologies and cannabis company Tilray are in the third and fourth positions, having attracted 328 and 192 mentions, respectively.\nApart from fintech lender Affirm Holdings and videogame retailer GameStop, the other stocks trending on the forum include e-commerce companyContextLogic Inc., social media giantFacebook, electric vehicle maker Tesla Motors and exchange-traded fund Invesco QQQ Trust.\nWhy It Matters: SmileDirectClub has emerged as the most-discussed stock on the WSB forum after the company said it would receive a patent from the United States Patent & Trademark Office (USPTO) for the SmileBus concept. Seen as a potential short squeeze candidate by investors on the forum, the company has 32.6% of its float held short, as per the latest data from Yahoo! Finance.\nTilray is seeing high interest on the forum ahead of the release of its first-quarter financial results on Thursday, Oct. 7, before the market open.\nShares of Affirm Holdings gained almost 20% in the regular trading session after retailer Target saidit has added a “buy now pay later” option for customers via Affirm and SEZZLE INC. ahead of the holiday season.\nPrice Action: SPDR S&P 500 ETF Trust’s shares closed 0.4% higher in Wednesday’s regular trading session at $434.90 and further rose almost 0.3% in the after-hours session to $436.12.\nSmileDirectClub shares closed almost 15% higher in the regular trading session at $6.75 but declined almost 0.6% in the after-hours session to $6.71.\nPalantir Technologies shares closed almost 1.6% higher in the regular trading session at $23.58 but declined almost 0.2% in the after-hours session to $23.54.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847006582,"gmtCreate":1636465921975,"gmtModify":1636466403627,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SAM\">$Boston Beer(SAM)$</a>Cheers! Come on mate!!","listText":"<a href=\"https://laohu8.com/S/SAM\">$Boston Beer(SAM)$</a>Cheers! Come on mate!!","text":"$Boston Beer(SAM)$Cheers! Come on mate!!","images":[{"img":"https://static.tigerbbs.com/b631df259448bbefd29b4cddbbc6dd21","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847006582","isVote":1,"tweetType":1,"viewCount":1648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847001781,"gmtCreate":1636465783880,"gmtModify":1636466396549,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Quack! Quack!&nbsp;","listText":"Quack! Quack!&nbsp;","text":"Quack! Quack!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847001781","repostId":"1164632864","repostType":4,"repost":{"id":"1164632864","pubTimestamp":1636452133,"share":"https://www.laohu8.com/m/news/1164632864?lang=&edition=full","pubTime":"2021-11-09 18:02","market":"us","language":"en","title":"Why markets are like a duck: ‘calm above the surface, but furious churning below’","url":"https://stock-news.laohu8.com/highlight/detail?id=1164632864","media":"Marketwatch","summary":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial ","content":"<p>Mario Draghi famously&nbsp;likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”</p>\n<p>The calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.</p>\n<p>But below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a225428109bc24bddb8dbd14801b7065\" tg-width=\"700\" tg-height=\"408\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>Anyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.</p>\n<p>Short-term government bond yields, including those on 2-year U.S. Treasury notes,&nbsp;began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.</p>\n<p>The speed of the move has been interpreted by some investors as the potential harbinger of&nbsp;a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.</p>\n<p>Two-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.</p>\n<p>“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.</p>\n<p>Stocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&amp;P 500&nbsp;was up 26.9% year to date through Friday, while the Dow Jones Industrial Average&nbsp;has rallied 21.2% and the Nasdaq Composite&nbsp;advanced 23.9%.</p>\n<p>So what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&amp;P 500,” they said.</p>\n<p>It also means that risk premium matters (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fa8a9c15b74f8c569f39f375770bdc7\" tg-width=\"700\" tg-height=\"383\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.</p>","source":"market_watch","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 markets are like a duck: ‘calm above the surface, but furious churning below’</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 markets are like a duck: ‘calm above the surface, but furious churning below’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1164632864","content_text":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”\nThe calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.\nBut below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.\nMORGAN STANLEY RESEARCH\nAnyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.\nShort-term government bond yields, including those on 2-year U.S. Treasury notes, began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.\nThe speed of the move has been interpreted by some investors as the potential harbinger of a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.\nTwo-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.\n“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.\nStocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&P 500 was up 26.9% year to date through Friday, while the Dow Jones Industrial Average has rallied 21.2% and the Nasdaq Composite advanced 23.9%.\nSo what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&P 500,” they said.\nIt also means that risk premium matters (see chart below).\nMORGAN STANLEY RESEARCH\n“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842499580,"gmtCreate":1636212032632,"gmtModify":1636248812565,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCTZF\">$Tencent Holding Ltd.(TCTZF)$</a>[Speechless]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TCTZF\">$Tencent Holding Ltd.(TCTZF)$</a>[Speechless]&nbsp;","text":"$Tencent Holding Ltd.(TCTZF)$[Speechless]","images":[{"img":"https://static.tigerbbs.com/176ad4154582944779af6a4bad5ff98d","width":"1125","height":"3039"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842499580","isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":846415442,"gmtCreate":1636104358598,"gmtModify":1636104358598,"author":{"id":"4093087325774930","authorId":"4093087325774930","name":"DeMalco","avatar":"https://static.tigerbbs.com/78efec80aeff05e75efe77b09ce93c42","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SPY\">$S&amp;P500 ETF(SPY)$</a>[Smile]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SPY\">$S&amp;P500 ETF(SPY)$</a>[Smile]&nbsp;","text":"$S&P500 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