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2021-02-25

Hope so

3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote>

2021-02-25

Elon musk spirit [财迷] [财迷]

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2021-02-24

Correction day [捂脸] [捂脸] [捂脸]

抱歉，原内容已删除

2021-02-24

$Nano Dimension(NNDM)$ 好伤心，希望快点转绿

2021-02-24

Nice

抱歉，原内容已删除

2021-02-24

顶

Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>

2021-02-24

[财迷] [财迷]

抱歉，原内容已删除

2021-02-24

$NIO Inc.(NIO)$ 🚀🚀🚀

2021-02-22

$Bionano Genomics(BNGO)$ hold there

2021-02-22

$Apple(AAPL)$ discount price for $Apple(AAPL)$ buy more now before it fly

2021-02-20

[财迷]

抱歉，原内容已删除

2021-02-19

起飞了

Palantir: Buy The Dip<blockquote>Palantir：逢低买入</blockquote>

2021-02-18

$Tesla Motors(TSLA)$ 起飞吧

抱歉，原内容已删除

2021-02-18

[看涨] [看涨] [看涨]

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2021-02-18

[呆住]

抱歉，原内容已删除

2021-02-18

[暗中观察] [暗中观察]

抱歉，原内容已删除

2021-02-17

$Bionano Genomics(BNGO)$🚀🚀🚀

2021-02-16

$Apple(AAPL)$ put in some money in apple and wait for take off to moon 🚀🚀🚀

Apple’s Search for an Autonomous Vehicle Partner Continues. Who It Could Choose<blockquote>苹果寻找自动驾驶汽车合作伙伴的工作仍在继续。它可以选择谁</blockquote>

2021-02-14

$Bionano Genomics(BNGO)$$Bionano Genomics(BNGO)$ 下个星期就起飞了，应该可以去到15块吧[财迷] [财迷] [财迷]

2021-02-11

[得意] [得意]

抱歉，原内容已删除

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so","listText":"Hope so","text":"Hope so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361110609","repostId":"1179628639","repostType":4,"repost":{"id":"1179628639","kind":"news","pubTimestamp":1614148236,"share":"https://www.laohu8.com/m/news/1179628639?lang=zh_CN&edition=full","pubTime":"2021-02-24 14:30","market":"us","language":"en","title":"3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179628639","media":"MarketWatch","summary":"Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina\nRis","content":"<p>Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina</p><p><blockquote>加拿大皇家银行的卡尔瓦西纳表示，近期可能会回调，但这并不是急于退出的信号</blockquote></p><p> Rising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks over bonds in 2021, according to one analyst.</p><p><blockquote>一位分析师表示，美国国债收益率上升导致股市因疫情而雄心勃勃的投资者抛售，但可能不足以削弱2021年股票相对于债券的吸引力。</blockquote></p><p> U.S. equity investors “have become focused on the recent increase in 10-year Treasury yields over the past week, which are all the way back to mid-February 2020 levels,” wrote Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Tuesday note. Yields and bond prices have an inverse relationship.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)美国股票策略主管洛里·卡尔瓦西纳(Lori Calvasina)写道，美国股票投资者“开始关注过去一周10年期国债收益率的近期上涨，该收益率已回到2020年2月中旬的水平”，在周二的一份报告中。收益率和债券价格呈反比关系。</blockquote></p><p> The 10-year Treasury yieldTMUBMUSD10Y,1.332%is coming off its largest rise in six weeks, which has been blamed for sparking a pullback led by tech-oriented stocks that had benefited most from the stay-at-home dynamic created by the COVID-19 pandemic.</p><p><blockquote>10年期国债收益率TMUBMUSD10Y, 1.332%正创下六周来的最大涨幅，这被指责引发了由科技型股票领跌的回调，这些股票从COVID-19造成的居家动态中受益最大。-19大流行。</blockquote></p><p> The relationship was on display in reverse Tuesday as therise in yields relentedfollowingtestimony by Federal Reserve Chairman Jerome Powell, allowing major benchmarks to erase or trim significant losses. The tech-heavy Nasdaq Composite,which has led the way lower,trimmed a loss of nearly 4% to end down 0.5%&nbsp;as yields declined; the S&amp;P 500&nbsp;eked out a gain to snap a five-day losing streak, while the more cyclically oriented Dow Jones Industrial Average&nbsp;erased a loss of more than 360 points to end slightly higher.</p><p><blockquote>周二，随着美联储主席杰罗姆·鲍威尔作证后收益率上涨放缓，这种关系出现了逆转，使主要基准指数消除或削减了重大损失。随着收益率下降，以科技股为主的纳斯达克综合指数跌幅收窄近4%，收盘下跌0.5%；标普500在snap连续五天下跌后勉强上涨，而更具周期性的道琼斯工业平均指数则抹去了360多点的跌幅，小幅收高。</blockquote></p><p> Meanwhile, Calvasina said a look at what stocks are offering in terms of dividend and earnings yield relative to bonds, as well as a reminder of what sort of bond moves have spelled trouble for equities, offers some reassurance that 2021 is unlikely to turn into a down year, she said.</p><p><blockquote>与此同时，卡尔瓦西纳表示，看看股票相对于债券的股息和收益率，以及提醒人们什么样的债券走势给股市带来了麻烦，可以让人放心，2021年不太可能变成这样。她说，这是一个低迷的一年。</blockquote></p><p> <b>Dividend yield</b></p><p><blockquote><b>股息率</b></blockquote></p><p> When it comes to dividend yield, RBC measured the percentage of companies that continue to exceed the 10-year Treasury yield. While that has fallen to 51.5% from 64% at the beginning of the year, it’s still within a range typically followed by a 17% gain for the S&amp;P 500 over the following 12 months, she said.</p><p><blockquote>在股息收益率方面，加拿大皇家银行衡量了持续超过10年期国债收益率的公司百分比。她表示，虽然这一比例已从年初的64%降至51.5%，但仍处于标普500在接下来12个月内通常会上涨17%的范围内。</blockquote></p><p> <b>Earnings yield</b></p><p><blockquote><b>收益率</b></blockquote></p><p> The S&amp;P 500’s earnings yield has also deteriorated, moving to the low end of the range in place since the end of the financial crisis. It now stands near the level seen in 2017-’18, but remains in a range that’s been followed by 9.3% average gains by the S&amp;P 500 over the next 12 months, Calvasina said.</p><p><blockquote>标普500的收益率也有所恶化，跌至金融危机结束以来区间的低端。Calvasina表示，目前该指数接近2017-18年的水平，但仍处于未来12个月标普500平均上涨9.3%的区间内。</blockquote></p><p> “In other words, this analysis is acknowledging the case for a short-term pullback in the S&amp;P 500, but isn’t necessarily signaling that longer-term investors should head for the exit,” she wrote.</p><p><blockquote>她写道：“换句话说，这一分析承认了标普500短期回调的理由，但并不一定表明长期投资者应该退出。”</blockquote></p><p> Calvasina also highlighted an “important difference” between 2018, when the trade war posed a threat to the U.S. and global economies, and now, when gross domestic product forecasts are rising rapidly.</p><p><blockquote>卡尔瓦西纳还强调了2018年和现在之间的“重要区别”，当时贸易战对美国和全球经济构成威胁，而现在国内生产总值预测迅速上升。</blockquote></p><p> <b>Treasury yields and stocks</b></p><p><blockquote><b>国债收益率和股票</b></blockquote></p><p> Finally, what about the rise in Treasury yields itself? After all, many market watchers have argued that while yields remain low by historical standards, it’s the size of the rise that may be most concerning for equities. Calvasina broke down the relationship between yield moves and stock-market performance in the chart below:</p><p><blockquote>最后，国债收益率的上升本身呢？毕竟，许多市场观察人士认为，虽然按照历史标准来看收益率仍然较低，但股市最令人担忧的可能是上涨的规模。卡尔瓦西纳在下图中分析了收益率变动与股市表现之间的关系：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6bb8f243548ebe4120c4314a557bdf28\" tg-width=\"1260\" tg-height=\"1132\"><span>RBC CAPITAL MARKETS</span></p><p><blockquote><p class=\"t-img-caption\"><span>加拿大皇家银行资本市场</span></p></blockquote></p><p> Calvasina said U.S. equities have tended to struggle when the 10-year yield rises more than 275 basis points, or 2.75 percentage points. Coming off its low of 0.51%, a 275-basis-point move would take the yield to around 3.26%. The 10-year ended Tuesday at 1.363%.</p><p><blockquote>Calvasina表示，当10年期国债收益率上涨超过275个基点，即2.75个百分点时，美国股市往往会陷入困境。收益率从0.51%的低点上涨275个基点，将升至3.26%左右。10年期国债周二收于1.363%。</blockquote></p><p></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>3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-24 14:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina</p><p><blockquote>加拿大皇家银行的卡尔瓦西纳表示，近期可能会回调，但这并不是急于退出的信号</blockquote></p><p> Rising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks over bonds in 2021, according to one analyst.</p><p><blockquote>一位分析师表示，美国国债收益率上升导致股市因疫情而雄心勃勃的投资者抛售，但可能不足以削弱2021年股票相对于债券的吸引力。</blockquote></p><p> U.S. equity investors “have become focused on the recent increase in 10-year Treasury yields over the past week, which are all the way back to mid-February 2020 levels,” wrote Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Tuesday note. Yields and bond prices have an inverse relationship.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)美国股票策略主管洛里·卡尔瓦西纳(Lori Calvasina)写道，美国股票投资者“开始关注过去一周10年期国债收益率的近期上涨，该收益率已回到2020年2月中旬的水平”，在周二的一份报告中。收益率和债券价格呈反比关系。</blockquote></p><p> The 10-year Treasury yieldTMUBMUSD10Y,1.332%is coming off its largest rise in six weeks, which has been blamed for sparking a pullback led by tech-oriented stocks that had benefited most from the stay-at-home dynamic created by the COVID-19 pandemic.</p><p><blockquote>10年期国债收益率TMUBMUSD10Y, 1.332%正创下六周来的最大涨幅，这被指责引发了由科技型股票领跌的回调，这些股票从COVID-19造成的居家动态中受益最大。-19大流行。</blockquote></p><p> The relationship was on display in reverse Tuesday as therise in yields relentedfollowingtestimony by Federal Reserve Chairman Jerome Powell, allowing major benchmarks to erase or trim significant losses. The tech-heavy Nasdaq Composite,which has led the way lower,trimmed a loss of nearly 4% to end down 0.5%&nbsp;as yields declined; the S&amp;P 500&nbsp;eked out a gain to snap a five-day losing streak, while the more cyclically oriented Dow Jones Industrial Average&nbsp;erased a loss of more than 360 points to end slightly higher.</p><p><blockquote>周二，随着美联储主席杰罗姆·鲍威尔作证后收益率上涨放缓，这种关系出现了逆转，使主要基准指数消除或削减了重大损失。随着收益率下降，以科技股为主的纳斯达克综合指数跌幅收窄近4%，收盘下跌0.5%；标普500在snap连续五天下跌后勉强上涨，而更具周期性的道琼斯工业平均指数则抹去了360多点的跌幅，小幅收高。</blockquote></p><p> Meanwhile, Calvasina said a look at what stocks are offering in terms of dividend and earnings yield relative to bonds, as well as a reminder of what sort of bond moves have spelled trouble for equities, offers some reassurance that 2021 is unlikely to turn into a down year, she said.</p><p><blockquote>与此同时，卡尔瓦西纳表示，看看股票相对于债券的股息和收益率，以及提醒人们什么样的债券走势给股市带来了麻烦，可以让人放心，2021年不太可能变成这样。她说，这是一个低迷的一年。</blockquote></p><p> <b>Dividend yield</b></p><p><blockquote><b>股息率</b></blockquote></p><p> When it comes to dividend yield, RBC measured the percentage of companies that continue to exceed the 10-year Treasury yield. While that has fallen to 51.5% from 64% at the beginning of the year, it’s still within a range typically followed by a 17% gain for the S&amp;P 500 over the following 12 months, she said.</p><p><blockquote>在股息收益率方面，加拿大皇家银行衡量了持续超过10年期国债收益率的公司百分比。她表示，虽然这一比例已从年初的64%降至51.5%，但仍处于标普500在接下来12个月内通常会上涨17%的范围内。</blockquote></p><p> <b>Earnings yield</b></p><p><blockquote><b>收益率</b></blockquote></p><p> The S&amp;P 500’s earnings yield has also deteriorated, moving to the low end of the range in place since the end of the financial crisis. It now stands near the level seen in 2017-’18, but remains in a range that’s been followed by 9.3% average gains by the S&amp;P 500 over the next 12 months, Calvasina said.</p><p><blockquote>标普500的收益率也有所恶化，跌至金融危机结束以来区间的低端。Calvasina表示，目前该指数接近2017-18年的水平，但仍处于未来12个月标普500平均上涨9.3%的区间内。</blockquote></p><p> “In other words, this analysis is acknowledging the case for a short-term pullback in the S&amp;P 500, but isn’t necessarily signaling that longer-term investors should head for the exit,” she wrote.</p><p><blockquote>她写道：“换句话说，这一分析承认了标普500短期回调的理由，但并不一定表明长期投资者应该退出。”</blockquote></p><p> Calvasina also highlighted an “important difference” between 2018, when the trade war posed a threat to the U.S. and global economies, and now, when gross domestic product forecasts are rising rapidly.</p><p><blockquote>卡尔瓦西纳还强调了2018年和现在之间的“重要区别”，当时贸易战对美国和全球经济构成威胁，而现在国内生产总值预测迅速上升。</blockquote></p><p> <b>Treasury yields and stocks</b></p><p><blockquote><b>国债收益率和股票</b></blockquote></p><p> Finally, what about the rise in Treasury yields itself? After all, many market watchers have argued that while yields remain low by historical standards, it’s the size of the rise that may be most concerning for equities. Calvasina broke down the relationship between yield moves and stock-market performance in the chart below:</p><p><blockquote>最后，国债收益率的上升本身呢？毕竟，许多市场观察人士认为，虽然按照历史标准来看收益率仍然较低，但股市最令人担忧的可能是上涨的规模。卡尔瓦西纳在下图中分析了收益率变动与股市表现之间的关系：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6bb8f243548ebe4120c4314a557bdf28\" tg-width=\"1260\" tg-height=\"1132\"><span>RBC CAPITAL MARKETS</span></p><p><blockquote><p class=\"t-img-caption\"><span>加拿大皇家银行资本市场</span></p></blockquote></p><p> Calvasina said U.S. equities have tended to struggle when the 10-year yield rises more than 275 basis points, or 2.75 percentage points. Coming off its low of 0.51%, a 275-basis-point move would take the yield to around 3.26%. The 10-year ended Tuesday at 1.363%.</p><p><blockquote>Calvasina表示，当10年期国债收益率上涨超过275个基点，即2.75个百分点时，美国股市往往会陷入困境。收益率从0.51%的低点上涨275个基点，将升至3.26%左右。10年期国债周二收于1.363%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/3-reasons-why-the-stock-market-might-be-able-to-survive-rising-bond-yields-in-2021-11614119111?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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/3-reasons-why-the-stock-market-might-be-able-to-survive-rising-bond-yields-in-2021-11614119111?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1179628639","content_text":"Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina\nRising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks over bonds in 2021, according to one analyst.\nU.S. equity investors “have become focused on the recent increase in 10-year Treasury yields over the past week, which are all the way back to mid-February 2020 levels,” wrote Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Tuesday note. Yields and bond prices have an inverse relationship.\nThe 10-year Treasury yieldTMUBMUSD10Y,1.332%is coming off its largest rise in six weeks, which has been blamed for sparking a pullback led by tech-oriented stocks that had benefited most from the stay-at-home dynamic created by the COVID-19 pandemic.\nThe relationship was on display in reverse Tuesday as therise in yields relentedfollowingtestimony by Federal Reserve Chairman Jerome Powell, allowing major benchmarks to erase or trim significant losses. The tech-heavy Nasdaq Composite,which has led the way lower,trimmed a loss of nearly 4% to end down 0.5% as yields declined; the S&P 500 eked out a gain to snap a five-day losing streak, while the more cyclically oriented Dow Jones Industrial Average erased a loss of more than 360 points to end slightly higher.\nMeanwhile, Calvasina said a look at what stocks are offering in terms of dividend and earnings yield relative to bonds, as well as a reminder of what sort of bond moves have spelled trouble for equities, offers some reassurance that 2021 is unlikely to turn into a down year, she said.\nDividend yield\nWhen it comes to dividend yield, RBC measured the percentage of companies that continue to exceed the 10-year Treasury yield. While that has fallen to 51.5% from 64% at the beginning of the year, it’s still within a range typically followed by a 17% gain for the S&P 500 over the following 12 months, she said.\nEarnings yield\nThe S&P 500’s earnings yield has also deteriorated, moving to the low end of the range in place since the end of the financial crisis. It now stands near the level seen in 2017-’18, but remains in a range that’s been followed by 9.3% average gains by the S&P 500 over the next 12 months, Calvasina said.\n“In other words, this analysis is acknowledging the case for a short-term pullback in the S&P 500, but isn’t necessarily signaling that longer-term investors should head for the exit,” she wrote.\nCalvasina also highlighted an “important difference” between 2018, when the trade war posed a threat to the U.S. and global economies, and now, when gross domestic product forecasts are rising rapidly.\nTreasury yields and stocks\nFinally, what about the rise in Treasury yields itself? After all, many market watchers have argued that while yields remain low by historical standards, it’s the size of the rise that may be most concerning for equities. Calvasina broke down the relationship between yield moves and stock-market performance in the chart below:\nRBC CAPITAL MARKETS\nCalvasina said U.S. equities have tended to struggle when the 10-year yield rises more than 275 basis points, or 2.75 percentage points. Coming off its low of 0.51%, a 275-basis-point move would take the yield to around 3.26%. The 10-year ended Tuesday at 1.363%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361137730,"gmtCreate":1614212701820,"gmtModify":1634550705146,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"Elon musk spirit&nbsp;[财迷]&nbsp;[财迷]&nbsp;","listText":"Elon musk spirit&nbsp;[财迷]&nbsp;[财迷]&nbsp;","text":"Elon musk spirit [财迷] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361137730","repostId":"1197530704","repostType":4,"isVote":1,"tweetType":1,"viewCount":1861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":361083884,"gmtCreate":1614178996448,"gmtModify":1634550840412,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"Correction day&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;","listText":"Correction day&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;","text":"Correction day [捂脸] [捂脸] [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361083884","repostId":"1104736316","repostType":4,"isVote":1,"tweetType":1,"viewCount":1847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":361017585,"gmtCreate":1614178890247,"gmtModify":1634550841558,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NNDM\">$Nano Dimension(NNDM)$</a>&nbsp;好伤心，希望快点转绿","listText":"<a href=\"https://laohu8.com/S/NNDM\">$Nano Dimension(NNDM)$</a>&nbsp;好伤心，希望快点转绿","text":"$Nano Dimension(NNDM)$ 好伤心，希望快点转绿","images":[{"img":"https://static.tigerbbs.com/762711e98d9fa2fb6cea4c730349d3d4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361017585","isVote":1,"tweetType":1,"viewCount":2790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":361012053,"gmtCreate":1614178713372,"gmtModify":1634550842743,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361012053","repostId":"1138795890","repostType":4,"isVote":1,"tweetType":1,"viewCount":1469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361016064,"gmtCreate":1614178697858,"gmtModify":1634550843104,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"顶","listText":"顶","text":"顶","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361016064","repostId":"1129467108","repostType":4,"repost":{"id":"1129467108","kind":"news","pubTimestamp":1614164417,"share":"https://www.laohu8.com/m/news/1129467108?lang=zh_CN&edition=full","pubTime":"2021-02-24 19:00","market":"us","language":"en","title":"Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129467108","media":"Barrons","summary":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullie","content":"<p>Don’t worry. Be greedy.</p><p><blockquote>别担心。要贪心。</blockquote></p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p><blockquote>尽管投资者的担忧正在加剧，股市也受到债券收益率上升的欺负，但J.P.摩根策略师告诉他们的客户，现在是拥抱股票的时候了。</blockquote></p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p><blockquote>标准普尔500指数可能在3875点附近徘徊，但该行坚持2021年年底目标价4400点，区间为4200点至4600点。它的数字不仅仅是股市预期收益的一些衍生物。相反，它们反映了美国在Covid-19大流行后的经济复苏。</blockquote></p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p><blockquote>摩根大通衍生品策略师肖恩·奎格(Shawn Quigg)最近告诉客户，市场实现“这种收益迟早会到来，特别是考虑到未来的众多催化剂、它们对波动性的影响以及对投资者定位的影响。”</blockquote></p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p><blockquote>随着乔·拜登总统的政府支持1.9万亿美元的刺激计划，以及Covid-19感染和住院人数的下降，奎格预计股市将飙升。他的观点与近期交易有些出入。随着10年期国债收益率升至1.38%左右，股市下跌，此举加剧了通胀担忧和对股市暴跌的担忧。</blockquote></p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p><blockquote>奎格喜欢利用恐惧和悬而未决的刺激计划，拜登已经开始为该计划辩护，因为担心该计划规模过大。在各种采访中，总统挑战批评者告诉他，在这个国家如此多的人遭受苦难的时候，应该削减什么。拜登政府现在警告说，最大的风险不是大规模的刺激计划，而是规模太小，因此无法有意义地刺激经济增长。</blockquote></p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p><blockquote>为了让股市飙升，Quigg建议客户考虑出售SPDR标普500 ETF（股票代码：SPDR标普500指数ETF）5月353美元的看跌期权之一，并购买5月15日450美元的看涨期权期权。当ETF价格为392.39美元时，杠杆风险逆转策略——即卖出一份看跌期权并买入更多执行价格更高但到期日相同的评级——可以免费完成。换句话说，卖出看跌期权收到的钱足以买入15个看涨的评级。</blockquote></p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p><blockquote>该交易表明，该ETF（最近交易价格约为387美元）将在5月21日5月期权到期时达到450美元。看涨期权售价460美元，价值10美元。</blockquote></p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p><blockquote>比方说，如果ETF下跌，因为当前的担忧将市场推至353美元的执行价格以下，投资者将有义务以较低的价格买入，或者回补或调整看跌期权。</blockquote></p><p>Quigg’s trade idea has a lot to admire.</p><p><blockquote>奎格的交易理念有很多值得钦佩的地方。</blockquote></p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p><blockquote>其一，上周晚些时候推荐该交易时成本为零。是的，自2月18日的报告发布以来，价格已经发生了变化，但投资者可以重新调整执行价格以创建类似的定价。市场会发生变化，这就是为什么列出了这么多不同的执行价格。</blockquote></p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p><p><blockquote>此外，如果摩根大通对经济复苏的基本观点被证明是正确的，那么拥有一批不需要花费任何成本的上行评级可能会非常有利可图。如果市场屈服于当前价格走软的担忧，以较低的价格持有标普500股票也并不可怕。</blockquote></p><p></p>","source":"lsy1601382232898","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 J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-24 19:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Don’t worry. Be greedy.</p><p><blockquote>别担心。要贪心。</blockquote></p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p><blockquote>尽管投资者的担忧正在加剧，股市也受到债券收益率上升的欺负，但J.P.摩根策略师告诉他们的客户，现在是拥抱股票的时候了。</blockquote></p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p><blockquote>标准普尔500指数可能在3875点附近徘徊，但该行坚持2021年年底目标价4400点，区间为4200点至4600点。它的数字不仅仅是股市预期收益的一些衍生物。相反，它们反映了美国在Covid-19大流行后的经济复苏。</blockquote></p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p><blockquote>摩根大通衍生品策略师肖恩·奎格(Shawn Quigg)最近告诉客户，市场实现“这种收益迟早会到来，特别是考虑到未来的众多催化剂、它们对波动性的影响以及对投资者定位的影响。”</blockquote></p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p><blockquote>随着乔·拜登总统的政府支持1.9万亿美元的刺激计划，以及Covid-19感染和住院人数的下降，奎格预计股市将飙升。他的观点与近期交易有些出入。随着10年期国债收益率升至1.38%左右，股市下跌，此举加剧了通胀担忧和对股市暴跌的担忧。</blockquote></p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p><blockquote>奎格喜欢利用恐惧和悬而未决的刺激计划，拜登已经开始为该计划辩护，因为担心该计划规模过大。在各种采访中，总统挑战批评者告诉他，在这个国家如此多的人遭受苦难的时候，应该削减什么。拜登政府现在警告说，最大的风险不是大规模的刺激计划，而是规模太小，因此无法有意义地刺激经济增长。</blockquote></p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p><blockquote>为了让股市飙升，Quigg建议客户考虑出售SPDR标普500 ETF（股票代码：SPDR标普500指数ETF）5月353美元的看跌期权之一，并购买5月15日450美元的看涨期权期权。当ETF价格为392.39美元时，杠杆风险逆转策略——即卖出一份看跌期权并买入更多执行价格更高但到期日相同的评级——可以免费完成。换句话说，卖出看跌期权收到的钱足以买入15个看涨的评级。</blockquote></p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p><blockquote>该交易表明，该ETF（最近交易价格约为387美元）将在5月21日5月期权到期时达到450美元。看涨期权售价460美元，价值10美元。</blockquote></p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p><blockquote>比方说，如果ETF下跌，因为当前的担忧将市场推至353美元的执行价格以下，投资者将有义务以较低的价格买入，或者回补或调整看跌期权。</blockquote></p><p>Quigg’s trade idea has a lot to admire.</p><p><blockquote>奎格的交易理念有很多值得钦佩的地方。</blockquote></p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p><blockquote>其一，上周晚些时候推荐该交易时成本为零。是的，自2月18日的报告发布以来，价格已经发生了变化，但投资者可以重新调整执行价格以创建类似的定价。市场会发生变化，这就是为什么列出了这么多不同的执行价格。</blockquote></p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p><p><blockquote>此外，如果摩根大通对经济复苏的基本观点被证明是正确的，那么拥有一批不需要花费任何成本的上行评级可能会非常有利可图。如果市场屈服于当前价格走软的担忧，以较低的价格持有标普500股票也并不可怕。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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"},"source_url":"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129467108","content_text":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.TheS&P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”As President Joe Biden’s administration champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move that is fanning inflation fearsand worries about stock slumps.Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.To position for the stock market to surge higher, Quigg advised clients to consider selling one of the SPDR S&P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.Quigg’s trade idea has a lot to admire.For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&P 500 stocks at lower prices isn’t terrible, either.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":363776111,"gmtCreate":1614176956733,"gmtModify":1634550860275,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[财迷]&nbsp;[财迷]&nbsp;","listText":"[财迷]&nbsp;[财迷]&nbsp;","text":"[财迷] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363776111","repostId":"1108395722","repostType":4,"isVote":1,"tweetType":1,"viewCount":3862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":363771761,"gmtCreate":1614176841853,"gmtModify":1634550860985,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>&nbsp; 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The future forecast was a bit disapp","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Palantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.</li>  <li>Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.</li>  <li>Palantir continues to grow its client base across multiple industries.</li>  <li>Palantir's lock-up period ends on February 19th. Place your bets!</li> </ul> One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.</p><p><blockquote><ul><li>Palantir公布了稳健的收入，但未能实现盈利。未来的预测有点令人失望。</li><li>Palantir预计2020年收入将同比增长30%，此前预计2020年收入将增长47%。</li><li>Palantir继续扩大其在多个行业的客户群。</li><li>Palantir的锁定期于2月19日结束。下注吧！</li></ul>最近最热门的股票之一是最近直接上市的Palantir Technologies Inc.(PLTR)。一些投资者预计该公司今天将发布井喷式收益，但未能如愿。该公司确实实现了令人难以置信的收入增长，而且前进的道路看起来也很光明。然而，投资者对该公司表示的光明前景感到失望。正如预期的那样，在禁售期结束之前，该股正在下跌。下周将讲述一个更好的故事，说明这只股票的走向。如果你觉得有风险，就跳上船。</blockquote></p><p> <b>Who Are They?</b></p><p><blockquote><b>他们是谁？</b></blockquote></p><p> If you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.</p><p><blockquote>如果你和我一样，你可能不知道这家公司是谁，也不知道他们做什么。Palantir Technologies Inc.成立于2003年，总部位于科罗拉多州丹佛市。简而言之，他们为美国情报界构建和部署软件平台，以协助反恐调查和行动。</blockquote></p><p> Palantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.</p><p><blockquote>Palantir Gothamis是一个软件程序，可以识别隐藏在数据集中深处的模式。这有助于对平台内已识别的威胁执行真实世界的响应。这被用于帮助2018年佛罗伦萨飓风中有需要的人。Palantir Gotham将公开可用的洪水数据与天气信息和社会脆弱性普查数据相结合，以找到最需要的社区并适当部署资源。最近，他们向美国政府提供冠状病毒跟踪软件。</blockquote></p><p> The company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.</p><p><blockquote>该公司还提供Palantir Foundry，这是一个通过为组织的数据创建中央操作系统来改变组织运营方式的平台；并允许个人用户在一个地方集成和分析他们需要的数据。</blockquote></p><p> Pretty cool hey?</p><p><blockquote>很酷嘿？</blockquote></p><p> <b>What Is Driving The Company?</b></p><p><blockquote><b>公司的驱动力是什么？</b></blockquote></p><p> Revenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.</p><p><blockquote>收入。这是一部成长剧，简单明了。往下看，我们可以看到未来的预测。缺失的区块是2020年，我们今天发现是11亿美元。同比增长约47%。展望未来，分析师预计年收入增长率将保持在35%以上。通常我们认为20%是强的，所以这看起来真的很好。第四季度，该公司营收为3.221亿美元，增长20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2926257ca97794e55159ce8c6021a745\" tg-width=\"2978\" tg-height=\"992\"></p><p><blockquote></blockquote></p><p> (Source: TIKR.com)</p><p><blockquote>（来源：TIKR.com）</blockquote></p><p> The shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.</p><p><blockquote>令人震惊的是每股亏损总计0.08美元，而市场普遍预期为0.02美元。受财报消息影响，该股今天下跌超过12%。深入研究后，大多数投资者似乎对前瞻性预测感到失望。我个人认为他们有点沙袋，以消除共识，但时间会证明这有多真实。根据该公司发布的所有新闻，约翰·罗兹(John Rhodes)的文章对此进行了很好的概述：Palantir：潜在的第四季度收入井喷大多数人预计收入会超出预期，但该股上周的表现却并非如此。</blockquote></p><p> Data has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.</p><p><blockquote>数据变得比以往任何时候都更加与普通人相关。当地新闻有各种各样关于新冠肺炎的数据。2020年，Palantir帮助100家商业组织和10个国家政府应对COVID-19。这对Palantir来说是一个巨大的机会，他们并没有浪费它。这一回应帮助thema赢得了价值3150万美元的为期两年的英国卫生服务工作合同。仅在第四季度，该公司就签署了21笔价值超过500万美元的交易。其中12个价值1000万美元或以上。收入增长将继续是Palantir的未来。</blockquote></p><p> Some of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.</p><p><blockquote>一些最好的业务是政府业务。今年，Palantir 56%的收入（即6.1亿美元）来自政府合同。虽然商业方面的同比增长高达107%，但政府收入增长77%并不是什么可笑的事情。更令人印象深刻的一件事是我们在普通客户身上看到的情况。收入同比增长41%。每位客户从560万美元增至790万美元。随着客户继续开发和改进其系统，将越来越多的业务移交给Palantir，这是一个需要关注的重要指标。另一个因素是Palantir吸引了更大的客户。2020年获得的新客户创造了4200万美元的收入。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9284f5fd3e26d0c55fcd9b2f6355371e\" tg-width=\"1752\" tg-height=\"983\"></p><p><blockquote></blockquote></p><p></p><p> (Company Presentation)</p><p><blockquote>（公司介绍）</blockquote></p><p> So all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.</p><p><blockquote>所以所有这些，我们今天仍然坐在12%？正如我上面提到的，人们对前瞻性预测感到有点震惊。Palantir表示，预计2021年收入增长将超过30%。对于大多数公司来说，这将是一个好消息，但在您刚刚公布了47%的增长年度之后，这有点令人难过。但正如我所说，我认为他们有点沙袋。分析师仍预计2021年将增长约35%。直觉告诉我，随着时间的推移，他们会超越这一目标。该公司确实表示，他们的目标是到2025年实现40亿美元的收入，从现在开始每年增长30%。根据目前的预测，我完全预计这个数字将接近50亿美元。Palantir正在追逐多个行业的“大鱼”。他们的客户中有8家属于财富100强，12家属于全球100强。随着他们产品的不断开发和改进，他们的底线只会越来越好。我认为从长远来看，这里有很大的发展空间。</blockquote></p><p> <b>What Are The Risks?</b></p><p><blockquote><b>有哪些风险？</b></blockquote></p><p> One of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.</p><p><blockquote>即将到来的风险之一是禁售期结束，我将在下面谈到这一点。除此之外，我会看看政府的合同。是的，它们是最重要的，但这并不是说它们没有风险。Palantir过去曾表示，他们需要更多地关注商业客户，以帮助盈利并扭亏为盈（这是盈利抛售的部分原因）。正如我们所看到的，他们已经获得了一些大型商业客户，但政府方面仍然存在。</blockquote></p><p> Something to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.</p><p><blockquote>还要记住的是，与政府打交道可能会导致跨越一些人不同意的界限。据《华盛顿邮报》报道，2018年，200多名员工签署了一封致首席执行官亚历克斯·卡普的信，理由是对与移民和海关执法局合作的担忧。过去，其他多家大型科技公司因潜在侵犯人权而被迫切断与政府机构的联系。</blockquote></p><p> That said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.</p><p><blockquote>也就是说，我确实认为该公司将继续在商业领域表现出色，并随着时间的推移减少整体政府风险。</blockquote></p><p> <b>What's The \"Lock-Up Period\"?</b></p><p><blockquote><b>什么是“禁售期”？</b></blockquote></p><p> The one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.</p><p><blockquote>许多人对Palantir的一个担忧是锁定期，锁定期将于2月19日（星期五）结束。通常情况下，这是我们会看到走这条路线的IPO出现低点的地方，但情况并非总是如此。</blockquote></p><p>   Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.  What is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.</p><p><blockquote>从10月前两周锁定期到期的15只股票来看，大多数股票在到期日前几天开始下跌，三到五天后反弹。然而，一些人当天几乎没有抛售压力，锁定结束后股价立即攀升。这是什么？简而言之，我们不是通过首次公开募股（IPO）来创建公司的新股并由中介机构承销，而是直接上市。这是企业直接向公众出售股票的方式，无需任何中介机构的帮助。不涉及任何承销商或其他中介机构，不存在发行新股。这意味着该业务的最大股东只能在IPO禁售期到期后自由出售其股份。Spotify(SPOT)和Slack(WORK)是直接上市公司的两个例子。也就是说，这两家公司都没有员工锁定期。</blockquote></p><p> So what does this mean? Well, given thatMarketWatch said:</p><p><blockquote>那么这意味着什么呢？好吧，鉴于MarketWatch表示：</blockquote></p><p>   For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.  It means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.</p><p><blockquote>不过，对于Palantir来说，多年的风险资本投资已经创造了足够的股票来启动公开交易：大约16.4亿股，尽管在包括归属期权在内的完全稀释公式中，这一数字将增长至21.7亿股。这意味着，目前流通股约为4.97亿股，我们可能会看到约17亿股上市。现在这种可能性不大，但这确实意味着，考虑到IPO通常占已发行股票的10%，而根据上面提供的数字，Palantir发行的股票超过20%，该股的抛售压力应该低于平均水平。</blockquote></p><p> Where are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.</p><p><blockquote>我们现在在哪里？根据前面引用的研究，我们正走在正轨上。就在禁售期结束之前，该股正在有序抛售。现在我们必须拭目以待，看看反弹的情况如何。还是每个人都卖得很高，然后试图买得更低？这有点观望。让我们来看看技术向我们展示了什么。</blockquote></p><p> <b>What Does The Price Say?</b></p><p><blockquote><b>价格怎么说？</b></blockquote></p><p></p><p> Taking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.</p><p><blockquote>快速浏览一下技术面，我们可以看到几个非常强大的支撑位。首先，我们今天突破了30美元的一个相当大的水平，而且是以一种很大的方式突破的，这在短期内有点令人担忧，但有可能快速反弹以迅速重新测试30美元大关。如果说这些市场教会了我们什么，那就是它们可以快速行动！在正常情况下，这可能是我的停留点。但是直到今天我才有了头寸，随着我承担更多的风险，游戏发生了一些变化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6b568bf73db2c1b38aaa1546a10427dc\" tg-width=\"3837\" tg-height=\"1813\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.</p><p><blockquote>当像Palantir这样受欢迎的股票像我们今天看到的那样下跌时，会发生两件事之一。要么逢低买入，这只股票将飞回40美元，要么我们看到Palantir跌至23美元左右。因为股票太新了，我们确实没有一个好的支撑指标。看下面，我们可以大致看到我从哪里提取了23美元。这是一个相当大的举措。大约会下降20%。如果突破23美元，它可能会进一步下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3e3505c465c407b7387cbedf16a1b233\" tg-width=\"3840\" tg-height=\"1808\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.</p><p><blockquote>当试图抓住反弹时，你必须做好平均下跌的准备。这是一种完全不同的方法。横向扩展和横向扩展....同时知道什么时候该放松。如果你想安全起见，留意反弹，然后试着进去。我确实认为该股会出现不错的反弹，回到36-40美元，但问题是什么时候。这对我个人来说不是长期持有的。</blockquote></p><p> <b>Wrap-Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> As you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!</p><p><blockquote>正如您所看到的，公司的发展方向有很多值得喜欢的地方。估值总是可以争论的，但归根结底，价值就是有人愿意为此付出的任何代价。Palantir是一台收入机器，而且不会放缓。他们在玩“大鱼”，只要他们能继续实现目标，收入就会随之而来。我目前做多，但密切关注本周禁售期结束。如果你打算做多，确保在接下来的几天里扩大规模，并为下周的走势下注。在外面注意安全！</blockquote></p><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: Buy The Dip<blockquote>Palantir：逢低买入</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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: Buy The Dip<blockquote>Palantir：逢低买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-02-19 14:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Palantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.</li>  <li>Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.</li>  <li>Palantir continues to grow its client base across multiple industries.</li>  <li>Palantir's lock-up period ends on February 19th. Place your bets!</li> </ul> One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.</p><p><blockquote><ul><li>Palantir公布了稳健的收入，但未能实现盈利。未来的预测有点令人失望。</li><li>Palantir预计2020年收入将同比增长30%，此前预计2020年收入将增长47%。</li><li>Palantir继续扩大其在多个行业的客户群。</li><li>Palantir的锁定期于2月19日结束。下注吧！</li></ul>最近最热门的股票之一是最近直接上市的Palantir Technologies Inc.(PLTR)。一些投资者预计该公司今天将发布井喷式收益，但未能如愿。该公司确实实现了令人难以置信的收入增长，而且前进的道路看起来也很光明。然而，投资者对该公司表示的光明前景感到失望。正如预期的那样，在禁售期结束之前，该股正在下跌。下周将讲述一个更好的故事，说明这只股票的走向。如果你觉得有风险，就跳上船。</blockquote></p><p> <b>Who Are They?</b></p><p><blockquote><b>他们是谁？</b></blockquote></p><p> If you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.</p><p><blockquote>如果你和我一样，你可能不知道这家公司是谁，也不知道他们做什么。Palantir Technologies Inc.成立于2003年，总部位于科罗拉多州丹佛市。简而言之，他们为美国情报界构建和部署软件平台，以协助反恐调查和行动。</blockquote></p><p> Palantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.</p><p><blockquote>Palantir Gothamis是一个软件程序，可以识别隐藏在数据集中深处的模式。这有助于对平台内已识别的威胁执行真实世界的响应。这被用于帮助2018年佛罗伦萨飓风中有需要的人。Palantir Gotham将公开可用的洪水数据与天气信息和社会脆弱性普查数据相结合，以找到最需要的社区并适当部署资源。最近，他们向美国政府提供冠状病毒跟踪软件。</blockquote></p><p> The company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.</p><p><blockquote>该公司还提供Palantir Foundry，这是一个通过为组织的数据创建中央操作系统来改变组织运营方式的平台；并允许个人用户在一个地方集成和分析他们需要的数据。</blockquote></p><p> Pretty cool hey?</p><p><blockquote>很酷嘿？</blockquote></p><p> <b>What Is Driving The Company?</b></p><p><blockquote><b>公司的驱动力是什么？</b></blockquote></p><p> Revenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.</p><p><blockquote>收入。这是一部成长剧，简单明了。往下看，我们可以看到未来的预测。缺失的区块是2020年，我们今天发现是11亿美元。同比增长约47%。展望未来，分析师预计年收入增长率将保持在35%以上。通常我们认为20%是强的，所以这看起来真的很好。第四季度，该公司营收为3.221亿美元，增长20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2926257ca97794e55159ce8c6021a745\" tg-width=\"2978\" tg-height=\"992\"></p><p><blockquote></blockquote></p><p> (Source: TIKR.com)</p><p><blockquote>（来源：TIKR.com）</blockquote></p><p> The shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.</p><p><blockquote>令人震惊的是每股亏损总计0.08美元，而市场普遍预期为0.02美元。受财报消息影响，该股今天下跌超过12%。深入研究后，大多数投资者似乎对前瞻性预测感到失望。我个人认为他们有点沙袋，以消除共识，但时间会证明这有多真实。根据该公司发布的所有新闻，约翰·罗兹(John Rhodes)的文章对此进行了很好的概述：Palantir：潜在的第四季度收入井喷大多数人预计收入会超出预期，但该股上周的表现却并非如此。</blockquote></p><p> Data has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.</p><p><blockquote>数据变得比以往任何时候都更加与普通人相关。当地新闻有各种各样关于新冠肺炎的数据。2020年，Palantir帮助100家商业组织和10个国家政府应对COVID-19。这对Palantir来说是一个巨大的机会，他们并没有浪费它。这一回应帮助thema赢得了价值3150万美元的为期两年的英国卫生服务工作合同。仅在第四季度，该公司就签署了21笔价值超过500万美元的交易。其中12个价值1000万美元或以上。收入增长将继续是Palantir的未来。</blockquote></p><p> Some of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.</p><p><blockquote>一些最好的业务是政府业务。今年，Palantir 56%的收入（即6.1亿美元）来自政府合同。虽然商业方面的同比增长高达107%，但政府收入增长77%并不是什么可笑的事情。更令人印象深刻的一件事是我们在普通客户身上看到的情况。收入同比增长41%。每位客户从560万美元增至790万美元。随着客户继续开发和改进其系统，将越来越多的业务移交给Palantir，这是一个需要关注的重要指标。另一个因素是Palantir吸引了更大的客户。2020年获得的新客户创造了4200万美元的收入。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9284f5fd3e26d0c55fcd9b2f6355371e\" tg-width=\"1752\" tg-height=\"983\"></p><p><blockquote></blockquote></p><p></p><p> (Company Presentation)</p><p><blockquote>（公司介绍）</blockquote></p><p> So all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.</p><p><blockquote>所以所有这些，我们今天仍然坐在12%？正如我上面提到的，人们对前瞻性预测感到有点震惊。Palantir表示，预计2021年收入增长将超过30%。对于大多数公司来说，这将是一个好消息，但在您刚刚公布了47%的增长年度之后，这有点令人难过。但正如我所说，我认为他们有点沙袋。分析师仍预计2021年将增长约35%。直觉告诉我，随着时间的推移，他们会超越这一目标。该公司确实表示，他们的目标是到2025年实现40亿美元的收入，从现在开始每年增长30%。根据目前的预测，我完全预计这个数字将接近50亿美元。Palantir正在追逐多个行业的“大鱼”。他们的客户中有8家属于财富100强，12家属于全球100强。随着他们产品的不断开发和改进，他们的底线只会越来越好。我认为从长远来看，这里有很大的发展空间。</blockquote></p><p> <b>What Are The Risks?</b></p><p><blockquote><b>有哪些风险？</b></blockquote></p><p> One of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.</p><p><blockquote>即将到来的风险之一是禁售期结束，我将在下面谈到这一点。除此之外，我会看看政府的合同。是的，它们是最重要的，但这并不是说它们没有风险。Palantir过去曾表示，他们需要更多地关注商业客户，以帮助盈利并扭亏为盈（这是盈利抛售的部分原因）。正如我们所看到的，他们已经获得了一些大型商业客户，但政府方面仍然存在。</blockquote></p><p> Something to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.</p><p><blockquote>还要记住的是，与政府打交道可能会导致跨越一些人不同意的界限。据《华盛顿邮报》报道，2018年，200多名员工签署了一封致首席执行官亚历克斯·卡普的信，理由是对与移民和海关执法局合作的担忧。过去，其他多家大型科技公司因潜在侵犯人权而被迫切断与政府机构的联系。</blockquote></p><p> That said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.</p><p><blockquote>也就是说，我确实认为该公司将继续在商业领域表现出色，并随着时间的推移减少整体政府风险。</blockquote></p><p> <b>What's The \"Lock-Up Period\"?</b></p><p><blockquote><b>什么是“禁售期”？</b></blockquote></p><p> The one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.</p><p><blockquote>许多人对Palantir的一个担忧是锁定期，锁定期将于2月19日（星期五）结束。通常情况下，这是我们会看到走这条路线的IPO出现低点的地方，但情况并非总是如此。</blockquote></p><p>   Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.  What is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.</p><p><blockquote>从10月前两周锁定期到期的15只股票来看，大多数股票在到期日前几天开始下跌，三到五天后反弹。然而，一些人当天几乎没有抛售压力，锁定结束后股价立即攀升。这是什么？简而言之，我们不是通过首次公开募股（IPO）来创建公司的新股并由中介机构承销，而是直接上市。这是企业直接向公众出售股票的方式，无需任何中介机构的帮助。不涉及任何承销商或其他中介机构，不存在发行新股。这意味着该业务的最大股东只能在IPO禁售期到期后自由出售其股份。Spotify(SPOT)和Slack(WORK)是直接上市公司的两个例子。也就是说，这两家公司都没有员工锁定期。</blockquote></p><p> So what does this mean? Well, given thatMarketWatch said:</p><p><blockquote>那么这意味着什么呢？好吧，鉴于MarketWatch表示：</blockquote></p><p>   For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.  It means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.</p><p><blockquote>不过，对于Palantir来说，多年的风险资本投资已经创造了足够的股票来启动公开交易：大约16.4亿股，尽管在包括归属期权在内的完全稀释公式中，这一数字将增长至21.7亿股。这意味着，目前流通股约为4.97亿股，我们可能会看到约17亿股上市。现在这种可能性不大，但这确实意味着，考虑到IPO通常占已发行股票的10%，而根据上面提供的数字，Palantir发行的股票超过20%，该股的抛售压力应该低于平均水平。</blockquote></p><p> Where are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.</p><p><blockquote>我们现在在哪里？根据前面引用的研究，我们正走在正轨上。就在禁售期结束之前，该股正在有序抛售。现在我们必须拭目以待，看看反弹的情况如何。还是每个人都卖得很高，然后试图买得更低？这有点观望。让我们来看看技术向我们展示了什么。</blockquote></p><p> <b>What Does The Price Say?</b></p><p><blockquote><b>价格怎么说？</b></blockquote></p><p></p><p> Taking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.</p><p><blockquote>快速浏览一下技术面，我们可以看到几个非常强大的支撑位。首先，我们今天突破了30美元的一个相当大的水平，而且是以一种很大的方式突破的，这在短期内有点令人担忧，但有可能快速反弹以迅速重新测试30美元大关。如果说这些市场教会了我们什么，那就是它们可以快速行动！在正常情况下，这可能是我的停留点。但是直到今天我才有了头寸，随着我承担更多的风险，游戏发生了一些变化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6b568bf73db2c1b38aaa1546a10427dc\" tg-width=\"3837\" tg-height=\"1813\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.</p><p><blockquote>当像Palantir这样受欢迎的股票像我们今天看到的那样下跌时，会发生两件事之一。要么逢低买入，这只股票将飞回40美元，要么我们看到Palantir跌至23美元左右。因为股票太新了，我们确实没有一个好的支撑指标。看下面，我们可以大致看到我从哪里提取了23美元。这是一个相当大的举措。大约会下降20%。如果突破23美元，它可能会进一步下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3e3505c465c407b7387cbedf16a1b233\" tg-width=\"3840\" tg-height=\"1808\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.</p><p><blockquote>当试图抓住反弹时，你必须做好平均下跌的准备。这是一种完全不同的方法。横向扩展和横向扩展....同时知道什么时候该放松。如果你想安全起见，留意反弹，然后试着进去。我确实认为该股会出现不错的反弹，回到36-40美元，但问题是什么时候。这对我个人来说不是长期持有的。</blockquote></p><p> <b>Wrap-Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> As you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!</p><p><blockquote>正如您所看到的，公司的发展方向有很多值得喜欢的地方。估值总是可以争论的，但归根结底，价值就是有人愿意为此付出的任何代价。Palantir是一台收入机器，而且不会放缓。他们在玩“大鱼”，只要他们能继续实现目标，收入就会随之而来。我目前做多，但密切关注本周禁售期结束。如果你打算做多，确保在接下来的几天里扩大规模，并为下周的走势下注。在外面注意安全！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4406809-palantir-buy-the-dip\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4406809-palantir-buy-the-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100960455","content_text":"Summary\n\nPalantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.\nPalantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.\nPalantir continues to grow its client base across multiple industries.\nPalantir's lock-up period ends on February 19th. Place your bets!\n\nOne of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.\nWho Are They?\nIf you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.\nPalantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.\nThe company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.\nPretty cool hey?\nWhat Is Driving The Company?\nRevenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.\n\n(Source: TIKR.com)\nThe shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.\nData has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.\nSome of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.\n\n(Company Presentation)\nSo all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.\nWhat Are The Risks?\nOne of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.\nSomething to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.\nThat said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.\nWhat's The \"Lock-Up Period\"?\nThe one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.\n\n Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.\n\nWhat is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.\nSo what does this mean? Well, given thatMarketWatch said:\n\n For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.\n\nIt means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.\nWhere are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.\nWhat Does The Price Say?\nTaking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.\n\n(Source: TC2000.com)\nWhen a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.\n\n(Source: TC2000.com)\nWhen trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.\nWrap-Up\nAs you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":1283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384877962,"gmtCreate":1613643033756,"gmtModify":1634552822381,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>&nbsp;起飞吧","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>&nbsp;起飞吧","text":"$Tesla Motors(TSLA)$ 起飞吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384877962","repostId":"2112863205","repostType":4,"isVote":1,"tweetType":1,"viewCount":1435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384874963,"gmtCreate":1613642982652,"gmtModify":1634552823363,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","listText":"[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","text":"[看涨] [看涨] [看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384874963","repostId":"2112858178","repostType":2,"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384875195,"gmtCreate":1613642910617,"gmtModify":1634552823929,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[呆住]&nbsp;","listText":"[呆住]&nbsp;","text":"[呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384875195","repostId":"1112683598","repostType":4,"isVote":1,"tweetType":1,"viewCount":1069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384872432,"gmtCreate":1613642879126,"gmtModify":1634552824274,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384872432","repostId":"1159489688","repostType":4,"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":385686442,"gmtCreate":1613542925786,"gmtModify":1631887795897,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>🚀🚀🚀","text":"$Bionano Genomics(BNGO)$🚀🚀🚀","images":[{"img":"https://static.tigerbbs.com/06b6d39463da34b4ec036cd979f7b16d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385686442","isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":382235215,"gmtCreate":1613449919937,"gmtModify":1634553632087,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp; put in some money in apple and wait for take off to moon 🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp; put in some money in apple and wait for take off to moon 🚀🚀🚀","text":"$Apple(AAPL)$ put in some money in apple and wait for take off to moon 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/382235215","repostId":"1128778771","repostType":4,"repost":{"id":"1128778771","kind":"news","pubTimestamp":1613447145,"share":"https://www.laohu8.com/m/news/1128778771?lang=zh_CN&edition=full","pubTime":"2021-02-16 11:45","market":"us","language":"en","title":"Apple’s Search for an Autonomous Vehicle Partner Continues. Who It Could Choose<blockquote>苹果寻找自动驾驶汽车合作伙伴的工作仍在继续。它可以选择谁</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128778771","media":"Barrons","summary":"Apple’s search for an auto maker to join the tech giant’s project to build autonomous vehicles continues, following reports that discussions have dissolved withNissan.The back story.There has been speculation over Apple’s vehicle ambitions since 2015, when The Wall Street Journalreported that it was gearing up to take on Tesla. The iPhone maker has been highly secretive about its plans for “Project Titan,” confirmed in 2016, which has evolved to encompass self-driving, or autonomous, electric ve","content":"<p>Apple’s search for an auto maker to join the tech giant’s project to build autonomous vehicles continues, following reports that discussions have dissolved withNissan.</p><p><blockquote>在有报道称与日产的讨论已经结束后，苹果仍在继续寻找一家汽车制造商加入这家科技巨头的自动驾驶汽车项目。</blockquote></p><p> Shares in the Japanese auto giant tumbled near 3% in Tokyo trading.Appleshares were not traded in the U.S. on Monday due to the Presidents Day holiday.</p><p><blockquote>这家日本汽车巨头的股价在东京交易中下跌近3%。由于总统日假期，苹果股票周一没有在美国交易。</blockquote></p><p> <b>The back story.</b>There has been speculation over Apple’s vehicle ambitions since 2015, when The Wall Street Journalreported that it was gearing up to take on Tesla. The iPhone maker has been highly secretive about its plans for “Project Titan,” confirmed in 2016, which has evolved to encompass self-driving, or autonomous, electric vehicles.</p><p><blockquote><b>背景故事。</b>自2015年《华尔街日报》报道称苹果正准备与特斯拉展开竞争以来，人们一直在猜测其汽车雄心。这家iPhone制造商一直对其2016年确认的“泰坦计划”高度保密，该计划已发展到包括自动驾驶或自动驾驶电动汽车。</blockquote></p><p> Analysts have suspected that the Silicon Valley giant would partner with an existing auto maker to break into the capital-intensive vehicle industry.</p><p><blockquote>分析师怀疑这家硅谷巨头将与一家现有汽车制造商合作，打入资本密集型汽车行业。</blockquote></p><p> On Feb. 8, Korean auto makersHyundaiandKiasaid they were no longer in talks with Apple over an autonomous electric-vehicle project, following widespread press and analyst speculation that a deal was near. That news had sent Hyundai stock down more than 6% and shares in Kia down 15%—eliminating a combined $8.5 billion in market value from the two companies.</p><p><blockquote>2月8日，韩国汽车制造商现代和起亚表示，在媒体和分析师广泛猜测交易即将达成后，他们不再与苹果就自动驾驶电动汽车项目进行谈判。这一消息导致现代汽车股价下跌超过6%，起亚股价下跌15%，两家公司的市值总计蒸发85亿美元。</blockquote></p><p> The next day, Nissan’s chief executive Makoto Uchida was pressed in an earrings call on whether the company had been approached by Apple about a collaboration. Uchida avoided addressing Apple directly, but indicated that Nissan could partner with technology companies on building the next generation of cars.</p><p><blockquote>第二天，日产首席执行官内田诚(Makoto Uchida)在耳环看涨期权上被追问苹果是否曾就合作事宜与该公司接洽。内田避免直接提及苹果，但表示日产可以与科技公司合作生产下一代汽车。</blockquote></p><p> <b>What’s new.</b>Nissan confirmed on Monday that it was not in talks with Apple, but said it was open to exploring collaborations and partnerships to accelerate the vehicle industry.</p><p><blockquote><b>什么是新的。</b>日产周一证实，它没有与苹果进行谈判，但表示愿意探索合作和伙伴关系，以加速汽车行业的发展。</blockquote></p><p> The Financial Timeshad reported earlierthat there were discussions between the two groups over a partnership, but that talks had stalled over possible branding. According to the report, the discussions did not reach senior management levels.</p><p><blockquote>英国《金融时报》早些时候报道称，两家集团正在就合作事宜进行讨论，但谈判在可能的品牌问题上陷入僵局。报道称，讨论并未达到高级管理层。</blockquote></p><p> A source close to Nissantold Agence France-Pressethat “when you make a product under the Apple brand, you give your soul— and your profit margins— to Apple,” and that Nissan was “not interested in giving Apple the best that we offer.”</p><p><blockquote>一位接近日产的消息人士告诉法新社，“当你以苹果品牌生产产品时，你就把你的灵魂和利润率都交给了苹果”，而日产“对向苹果提供我们提供的最好的产品不感兴趣。”</blockquote></p><p> <b>Looking ahead.</b>It makes sense that Apple would partner with a strong auto maker to realize its electric-vehicle dreams. With Nissan crossed off, following Hyundai and Kia, that list is narrowing.</p><p><blockquote><b>展望未来。</b>苹果与一家强大的汽车制造商合作来实现其电动汽车梦想是有道理的。随着日产被划掉，继现代和起亚之后，这一名单正在缩小。</blockquote></p><p> On Feb. 7, just before Hyundai and Kia confirmed they were not involved with Apple, veteran technology analyst Daniel Ives of investment firm Wedbush, said it was a matter of “when not if” Apple entered the electric-vehicle race. Ives put the chances at 85% that the tech giant would announce a relevant partnership or collaboration within the next three to six months.</p><p><blockquote>2月7日，就在现代和起亚确认不参与苹果之前，投资公司Wedbush的资深技术分析师Daniel Ives表示，苹果是否加入电动汽车竞赛只是“何时而不是是否”的问题。艾夫斯认为，这家科技巨头在未来三到六个月内宣布相关合作伙伴关系或合作的可能性为85%。</blockquote></p><p> Ives singled out Hyundai as the most likely choice, withVolkswagen Group—which also makes Audi andPorsche—as the next best bet. With Hyundai out, investors should keep an eye on the German giant. The analyst also floated Tesla andFordas possible candidates.</p><p><blockquote>艾夫斯指出现代汽车是最有可能的选择，大众汽车集团（也生产奥迪和保时捷）是下一个最佳选择。随着现代汽车的退出，投资者应该密切关注这家德国巨头。该分析师还将特斯拉和福特列为可能的候选人。</blockquote></p><p></p>","source":"lsy1601382232898","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>Apple’s Search for an Autonomous Vehicle Partner Continues. Who It Could Choose<blockquote>苹果寻找自动驾驶汽车合作伙伴的工作仍在继续。它可以选择谁</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nApple’s Search for an Autonomous Vehicle Partner Continues. Who It Could Choose<blockquote>苹果寻找自动驾驶汽车合作伙伴的工作仍在继续。它可以选择谁</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-16 11:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple’s search for an auto maker to join the tech giant’s project to build autonomous vehicles continues, following reports that discussions have dissolved withNissan.</p><p><blockquote>在有报道称与日产的讨论已经结束后，苹果仍在继续寻找一家汽车制造商加入这家科技巨头的自动驾驶汽车项目。</blockquote></p><p> Shares in the Japanese auto giant tumbled near 3% in Tokyo trading.Appleshares were not traded in the U.S. on Monday due to the Presidents Day holiday.</p><p><blockquote>这家日本汽车巨头的股价在东京交易中下跌近3%。由于总统日假期，苹果股票周一没有在美国交易。</blockquote></p><p> <b>The back story.</b>There has been speculation over Apple’s vehicle ambitions since 2015, when The Wall Street Journalreported that it was gearing up to take on Tesla. The iPhone maker has been highly secretive about its plans for “Project Titan,” confirmed in 2016, which has evolved to encompass self-driving, or autonomous, electric vehicles.</p><p><blockquote><b>背景故事。</b>自2015年《华尔街日报》报道称苹果正准备与特斯拉展开竞争以来，人们一直在猜测其汽车雄心。这家iPhone制造商一直对其2016年确认的“泰坦计划”高度保密，该计划已发展到包括自动驾驶或自动驾驶电动汽车。</blockquote></p><p> Analysts have suspected that the Silicon Valley giant would partner with an existing auto maker to break into the capital-intensive vehicle industry.</p><p><blockquote>分析师怀疑这家硅谷巨头将与一家现有汽车制造商合作，打入资本密集型汽车行业。</blockquote></p><p> On Feb. 8, Korean auto makersHyundaiandKiasaid they were no longer in talks with Apple over an autonomous electric-vehicle project, following widespread press and analyst speculation that a deal was near. That news had sent Hyundai stock down more than 6% and shares in Kia down 15%—eliminating a combined $8.5 billion in market value from the two companies.</p><p><blockquote>2月8日，韩国汽车制造商现代和起亚表示，在媒体和分析师广泛猜测交易即将达成后，他们不再与苹果就自动驾驶电动汽车项目进行谈判。这一消息导致现代汽车股价下跌超过6%，起亚股价下跌15%，两家公司的市值总计蒸发85亿美元。</blockquote></p><p> The next day, Nissan’s chief executive Makoto Uchida was pressed in an earrings call on whether the company had been approached by Apple about a collaboration. Uchida avoided addressing Apple directly, but indicated that Nissan could partner with technology companies on building the next generation of cars.</p><p><blockquote>第二天，日产首席执行官内田诚(Makoto Uchida)在耳环看涨期权上被追问苹果是否曾就合作事宜与该公司接洽。内田避免直接提及苹果，但表示日产可以与科技公司合作生产下一代汽车。</blockquote></p><p> <b>What’s new.</b>Nissan confirmed on Monday that it was not in talks with Apple, but said it was open to exploring collaborations and partnerships to accelerate the vehicle industry.</p><p><blockquote><b>什么是新的。</b>日产周一证实，它没有与苹果进行谈判，但表示愿意探索合作和伙伴关系，以加速汽车行业的发展。</blockquote></p><p> The Financial Timeshad reported earlierthat there were discussions between the two groups over a partnership, but that talks had stalled over possible branding. According to the report, the discussions did not reach senior management levels.</p><p><blockquote>英国《金融时报》早些时候报道称，两家集团正在就合作事宜进行讨论，但谈判在可能的品牌问题上陷入僵局。报道称，讨论并未达到高级管理层。</blockquote></p><p> A source close to Nissantold Agence France-Pressethat “when you make a product under the Apple brand, you give your soul— and your profit margins— to Apple,” and that Nissan was “not interested in giving Apple the best that we offer.”</p><p><blockquote>一位接近日产的消息人士告诉法新社，“当你以苹果品牌生产产品时，你就把你的灵魂和利润率都交给了苹果”，而日产“对向苹果提供我们提供的最好的产品不感兴趣。”</blockquote></p><p> <b>Looking ahead.</b>It makes sense that Apple would partner with a strong auto maker to realize its electric-vehicle dreams. With Nissan crossed off, following Hyundai and Kia, that list is narrowing.</p><p><blockquote><b>展望未来。</b>苹果与一家强大的汽车制造商合作来实现其电动汽车梦想是有道理的。随着日产被划掉，继现代和起亚之后，这一名单正在缩小。</blockquote></p><p> On Feb. 7, just before Hyundai and Kia confirmed they were not involved with Apple, veteran technology analyst Daniel Ives of investment firm Wedbush, said it was a matter of “when not if” Apple entered the electric-vehicle race. Ives put the chances at 85% that the tech giant would announce a relevant partnership or collaboration within the next three to six months.</p><p><blockquote>2月7日，就在现代和起亚确认不参与苹果之前，投资公司Wedbush的资深技术分析师Daniel Ives表示，苹果是否加入电动汽车竞赛只是“何时而不是是否”的问题。艾夫斯认为，这家科技巨头在未来三到六个月内宣布相关合作伙伴关系或合作的可能性为85%。</blockquote></p><p> Ives singled out Hyundai as the most likely choice, withVolkswagen Group—which also makes Audi andPorsche—as the next best bet. With Hyundai out, investors should keep an eye on the German giant. The analyst also floated Tesla andFordas possible candidates.</p><p><blockquote>艾夫斯指出现代汽车是最有可能的选择，大众汽车集团（也生产奥迪和保时捷）是下一个最佳选择。随着现代汽车的退出，投资者应该密切关注这家德国巨头。该分析师还将特斯拉和福特列为可能的候选人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/apples-search-for-an-autonomous-vehicle-partner-continues-who-it-could-choose-51613398948?mod=hp_DAY_0\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apples-search-for-an-autonomous-vehicle-partner-continues-who-it-could-choose-51613398948?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128778771","content_text":"Apple’s search for an auto maker to join the tech giant’s project to build autonomous vehicles continues, following reports that discussions have dissolved withNissan.\nShares in the Japanese auto giant tumbled near 3% in Tokyo trading.Appleshares were not traded in the U.S. on Monday due to the Presidents Day holiday.\nThe back story.There has been speculation over Apple’s vehicle ambitions since 2015, when The Wall Street Journalreported that it was gearing up to take on Tesla. The iPhone maker has been highly secretive about its plans for “Project Titan,” confirmed in 2016, which has evolved to encompass self-driving, or autonomous, electric vehicles.\nAnalysts have suspected that the Silicon Valley giant would partner with an existing auto maker to break into the capital-intensive vehicle industry.\nOn Feb. 8, Korean auto makersHyundaiandKiasaid they were no longer in talks with Apple over an autonomous electric-vehicle project, following widespread press and analyst speculation that a deal was near. That news had sent Hyundai stock down more than 6% and shares in Kia down 15%—eliminating a combined $8.5 billion in market value from the two companies.\nThe next day, Nissan’s chief executive Makoto Uchida was pressed in an earrings call on whether the company had been approached by Apple about a collaboration. Uchida avoided addressing Apple directly, but indicated that Nissan could partner with technology companies on building the next generation of cars.\nWhat’s new.Nissan confirmed on Monday that it was not in talks with Apple, but said it was open to exploring collaborations and partnerships to accelerate the vehicle industry.\nThe Financial Timeshad reported earlierthat there were discussions between the two groups over a partnership, but that talks had stalled over possible branding. According to the report, the discussions did not reach senior management levels.\nA source close to Nissantold Agence France-Pressethat “when you make a product under the Apple brand, you give your soul— and your profit margins— to Apple,” and that Nissan was “not interested in giving Apple the best that we offer.”\nLooking ahead.It makes sense that Apple would partner with a strong auto maker to realize its electric-vehicle dreams. With Nissan crossed off, following Hyundai and Kia, that list is narrowing.\nOn Feb. 7, just before Hyundai and Kia confirmed they were not involved with Apple, veteran technology analyst Daniel Ives of investment firm Wedbush, said it was a matter of “when not if” Apple entered the electric-vehicle race. Ives put the chances at 85% that the tech giant would announce a relevant partnership or collaboration within the next three to six months.\nIves singled out Hyundai as the most likely choice, withVolkswagen Group—which also makes Audi andPorsche—as the next best bet. With Hyundai out, investors should keep an eye on the German giant. The analyst also floated Tesla andFordas possible candidates.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382007304,"gmtCreate":1613291788608,"gmtModify":1631887796018,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a><a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;下个星期就起飞了，应该可以去到15块吧[财迷]&nbsp;[财迷]&nbsp;[财迷]&nbsp;","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a><a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;下个星期就起飞了，应该可以去到15块吧[财迷]&nbsp;[财迷]&nbsp;[财迷]&nbsp;","text":"$Bionano Genomics(BNGO)$$Bionano Genomics(BNGO)$ 下个星期就起飞了，应该可以去到15块吧[财迷] [财迷] [财迷]","images":[{"img":"https://static.tigerbbs.com/a07d52b80538e3fc55c215c8ef0618d7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/382007304","isVote":1,"tweetType":1,"viewCount":2252,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3475755885054001","authorId":"3475755885054001","name":"SunnyLai","avatar":"https://static.tigerbbs.com/3440d505d08c1613bb502c0855b5b993","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3475755885054001","idStr":"3475755885054001"},"content":"刚才盘前就到15元了。","text":"刚才盘前就到15元了。","html":"刚才盘前就到15元了。"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":381411801,"gmtCreate":1612974395203,"gmtModify":1703767915465,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[得意]&nbsp;[得意]&nbsp;","listText":"[得意]&nbsp;[得意]&nbsp;","text":"[得意] [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381411801","repostId":"1186964240","repostType":4,"isVote":1,"tweetType":1,"viewCount":756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":382007304,"gmtCreate":1613291788608,"gmtModify":1631887796018,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a><a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;下个星期就起飞了，应该可以去到15块吧[财迷]&nbsp;[财迷]&nbsp;[财迷]&nbsp;","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a><a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;下个星期就起飞了，应该可以去到15块吧[财迷]&nbsp;[财迷]&nbsp;[财迷]&nbsp;","text":"$Bionano Genomics(BNGO)$$Bionano Genomics(BNGO)$ 下个星期就起飞了，应该可以去到15块吧[财迷] [财迷] [财迷]","images":[{"img":"https://static.tigerbbs.com/a07d52b80538e3fc55c215c8ef0618d7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/382007304","isVote":1,"tweetType":1,"viewCount":2252,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3475755885054001","authorId":"3475755885054001","name":"SunnyLai","avatar":"https://static.tigerbbs.com/3440d505d08c1613bb502c0855b5b993","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3475755885054001","idStr":"3475755885054001"},"content":"刚才盘前就到15元了。","text":"刚才盘前就到15元了。","html":"刚才盘前就到15元了。"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":382235215,"gmtCreate":1613449919937,"gmtModify":1634553632087,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp; put in some money in apple and wait for take off to moon 🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp; put in some money in apple and wait for take off to moon 🚀🚀🚀","text":"$Apple(AAPL)$ put in some money in apple and wait for take off to moon 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/382235215","repostId":"1128778771","repostType":4,"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389320487,"gmtCreate":1612693313249,"gmtModify":1703764331632,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;next week bngo will fly... 🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;next week bngo will fly... 🚀🚀🚀","text":"$Bionano Genomics(BNGO)$ next week bngo will fly... 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/389320487","isVote":1,"tweetType":1,"viewCount":1139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363771761,"gmtCreate":1614176841853,"gmtModify":1634550860985,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>&nbsp; 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Any bad news?&nbsp;","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>&nbsp;why bngo drop so much today? Any bad news?&nbsp;","text":"$Bionano Genomics(BNGO)$ why bngo drop so much today? Any bad news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/317563933","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361016064,"gmtCreate":1614178697858,"gmtModify":1634550843104,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"顶","listText":"顶","text":"顶","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361016064","repostId":"1129467108","repostType":4,"repost":{"id":"1129467108","kind":"news","pubTimestamp":1614164417,"share":"https://www.laohu8.com/m/news/1129467108?lang=zh_CN&edition=full","pubTime":"2021-02-24 19:00","market":"us","language":"en","title":"Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129467108","media":"Barrons","summary":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullie","content":"<p>Don’t worry. Be greedy.</p><p><blockquote>别担心。要贪心。</blockquote></p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p><blockquote>尽管投资者的担忧正在加剧，股市也受到债券收益率上升的欺负，但J.P.摩根策略师告诉他们的客户，现在是拥抱股票的时候了。</blockquote></p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p><blockquote>标准普尔500指数可能在3875点附近徘徊，但该行坚持2021年年底目标价4400点，区间为4200点至4600点。它的数字不仅仅是股市预期收益的一些衍生物。相反，它们反映了美国在Covid-19大流行后的经济复苏。</blockquote></p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p><blockquote>摩根大通衍生品策略师肖恩·奎格(Shawn Quigg)最近告诉客户，市场实现“这种收益迟早会到来，特别是考虑到未来的众多催化剂、它们对波动性的影响以及对投资者定位的影响。”</blockquote></p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p><blockquote>随着乔·拜登总统的政府支持1.9万亿美元的刺激计划，以及Covid-19感染和住院人数的下降，奎格预计股市将飙升。他的观点与近期交易有些出入。随着10年期国债收益率升至1.38%左右，股市下跌，此举加剧了通胀担忧和对股市暴跌的担忧。</blockquote></p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p><blockquote>奎格喜欢利用恐惧和悬而未决的刺激计划，拜登已经开始为该计划辩护，因为担心该计划规模过大。在各种采访中，总统挑战批评者告诉他，在这个国家如此多的人遭受苦难的时候，应该削减什么。拜登政府现在警告说，最大的风险不是大规模的刺激计划，而是规模太小，因此无法有意义地刺激经济增长。</blockquote></p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p><blockquote>为了让股市飙升，Quigg建议客户考虑出售SPDR标普500 ETF（股票代码：SPDR标普500指数ETF）5月353美元的看跌期权之一，并购买5月15日450美元的看涨期权期权。当ETF价格为392.39美元时，杠杆风险逆转策略——即卖出一份看跌期权并买入更多执行价格更高但到期日相同的评级——可以免费完成。换句话说，卖出看跌期权收到的钱足以买入15个看涨的评级。</blockquote></p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p><blockquote>该交易表明，该ETF（最近交易价格约为387美元）将在5月21日5月期权到期时达到450美元。看涨期权售价460美元，价值10美元。</blockquote></p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p><blockquote>比方说，如果ETF下跌，因为当前的担忧将市场推至353美元的执行价格以下，投资者将有义务以较低的价格买入，或者回补或调整看跌期权。</blockquote></p><p>Quigg’s trade idea has a lot to admire.</p><p><blockquote>奎格的交易理念有很多值得钦佩的地方。</blockquote></p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p><blockquote>其一，上周晚些时候推荐该交易时成本为零。是的，自2月18日的报告发布以来，价格已经发生了变化，但投资者可以重新调整执行价格以创建类似的定价。市场会发生变化，这就是为什么列出了这么多不同的执行价格。</blockquote></p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p><p><blockquote>此外，如果摩根大通对经济复苏的基本观点被证明是正确的，那么拥有一批不需要花费任何成本的上行评级可能会非常有利可图。如果市场屈服于当前价格走软的担忧，以较低的价格持有标普500股票也并不可怕。</blockquote></p><p></p>","source":"lsy1601382232898","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 J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-24 19:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Don’t worry. Be greedy.</p><p><blockquote>别担心。要贪心。</blockquote></p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p><blockquote>尽管投资者的担忧正在加剧，股市也受到债券收益率上升的欺负，但J.P.摩根策略师告诉他们的客户，现在是拥抱股票的时候了。</blockquote></p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p><blockquote>标准普尔500指数可能在3875点附近徘徊，但该行坚持2021年年底目标价4400点，区间为4200点至4600点。它的数字不仅仅是股市预期收益的一些衍生物。相反，它们反映了美国在Covid-19大流行后的经济复苏。</blockquote></p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p><blockquote>摩根大通衍生品策略师肖恩·奎格(Shawn Quigg)最近告诉客户，市场实现“这种收益迟早会到来，特别是考虑到未来的众多催化剂、它们对波动性的影响以及对投资者定位的影响。”</blockquote></p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p><blockquote>随着乔·拜登总统的政府支持1.9万亿美元的刺激计划，以及Covid-19感染和住院人数的下降，奎格预计股市将飙升。他的观点与近期交易有些出入。随着10年期国债收益率升至1.38%左右，股市下跌，此举加剧了通胀担忧和对股市暴跌的担忧。</blockquote></p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p><blockquote>奎格喜欢利用恐惧和悬而未决的刺激计划，拜登已经开始为该计划辩护，因为担心该计划规模过大。在各种采访中，总统挑战批评者告诉他，在这个国家如此多的人遭受苦难的时候，应该削减什么。拜登政府现在警告说，最大的风险不是大规模的刺激计划，而是规模太小，因此无法有意义地刺激经济增长。</blockquote></p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p><blockquote>为了让股市飙升，Quigg建议客户考虑出售SPDR标普500 ETF（股票代码：SPDR标普500指数ETF）5月353美元的看跌期权之一，并购买5月15日450美元的看涨期权期权。当ETF价格为392.39美元时，杠杆风险逆转策略——即卖出一份看跌期权并买入更多执行价格更高但到期日相同的评级——可以免费完成。换句话说，卖出看跌期权收到的钱足以买入15个看涨的评级。</blockquote></p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p><blockquote>该交易表明，该ETF（最近交易价格约为387美元）将在5月21日5月期权到期时达到450美元。看涨期权售价460美元，价值10美元。</blockquote></p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p><blockquote>比方说，如果ETF下跌，因为当前的担忧将市场推至353美元的执行价格以下，投资者将有义务以较低的价格买入，或者回补或调整看跌期权。</blockquote></p><p>Quigg’s trade idea has a lot to admire.</p><p><blockquote>奎格的交易理念有很多值得钦佩的地方。</blockquote></p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p><blockquote>其一，上周晚些时候推荐该交易时成本为零。是的，自2月18日的报告发布以来，价格已经发生了变化，但投资者可以重新调整执行价格以创建类似的定价。市场会发生变化，这就是为什么列出了这么多不同的执行价格。</blockquote></p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p><p><blockquote>此外，如果摩根大通对经济复苏的基本观点被证明是正确的，那么拥有一批不需要花费任何成本的上行评级可能会非常有利可图。如果市场屈服于当前价格走软的担忧，以较低的价格持有标普500股票也并不可怕。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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"},"source_url":"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129467108","content_text":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.TheS&P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”As President Joe Biden’s administration champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move that is fanning inflation fearsand worries about stock slumps.Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.To position for the stock market to surge higher, Quigg advised clients to consider selling one of the SPDR S&P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.Quigg’s trade idea has a lot to admire.For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&P 500 stocks at lower prices isn’t terrible, either.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384872432,"gmtCreate":1613642879126,"gmtModify":1634552824274,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384872432","repostId":"1159489688","repostType":4,"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":380215422,"gmtCreate":1612540492366,"gmtModify":1703763477015,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[财迷]&nbsp;","listText":"[财迷]&nbsp;","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380215422","repostId":"1132260998","repostType":4,"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":369005924,"gmtCreate":1613985752068,"gmtModify":1634551659512,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp;discount price for&nbsp;<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp; buy more now before it fly","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp;discount price for&nbsp;<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>&nbsp; buy more now before it fly","text":"$Apple(AAPL)$ discount price for $Apple(AAPL)$ buy more now before it fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/369005924","isVote":1,"tweetType":1,"viewCount":1573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360300195,"gmtCreate":1613822902917,"gmtModify":1634552104512,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[财迷]&nbsp;","listText":"[财迷]&nbsp;","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360300195","repostId":"1179306002","repostType":4,"isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384875195,"gmtCreate":1613642910617,"gmtModify":1634552823929,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[呆住]&nbsp;","listText":"[呆住]&nbsp;","text":"[呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384875195","repostId":"1112683598","repostType":4,"isVote":1,"tweetType":1,"viewCount":1069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":381411801,"gmtCreate":1612974395203,"gmtModify":1703767915465,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[得意]&nbsp;[得意]&nbsp;","listText":"[得意]&nbsp;[得意]&nbsp;","text":"[得意] [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381411801","repostId":"1186964240","repostType":4,"isVote":1,"tweetType":1,"viewCount":756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":389329903,"gmtCreate":1612693389402,"gmtModify":1703764331975,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"Believe on Elon spirit..&nbsp;","listText":"Believe on Elon spirit..&nbsp;","text":"Believe on Elon spirit..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389329903","repostId":"1198883855","repostType":4,"repost":{"id":"1198883855","kind":"news","pubTimestamp":1612407577,"share":"https://www.laohu8.com/m/news/1198883855?lang=zh_CN&edition=full","pubTime":"2021-02-04 10:59","market":"us","language":"en","title":"What are the challenges facing Biden's electric vehicle program?<blockquote>拜登的电动汽车计划面临哪些挑战？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198883855","media":"marketwatch","summary":"President Biden may be winning points with environmentalists, renewable-energy champions and U.S. allies abroad for his serious approach to slowing global warming, but his electric-vehicle plan has some practical challenges when applied across all 50 states.Transportation isthe largest source of U.S. greenhouse gas emissions, which is why electric-vehicle adoption is a cornerstone of President Joe Biden’s ambitious climate-change plan.Biden may be winning points with some consumers, environmenta","content":"<p>President Biden may be winning points with environmentalists, renewable-energy champions and U.S. allies abroad for his serious approach to slowing global warming, but his electric-vehicle plan has some practical challenges when applied across all 50 states.</p><p><blockquote>拜登总统可能会因其减缓全球变暖的严肃态度而赢得环保主义者、可再生能源倡导者和美国海外盟友的支持，但他的电动汽车计划在应用于所有50个州时面临一些实际挑战。</blockquote></p><p>Transportation isthe largest source of U.S. greenhouse gas emissions, which is why electric-vehicle adoption is a cornerstone of President Joe Biden’s ambitious climate-change plan.</p><p><blockquote>交通运输是美国温室气体排放的最大来源，这就是为什么电动汽车的采用是乔·拜登总统雄心勃勃的气候变化计划的基石。</blockquote></p><p>Biden may be winning points with some consumers, environmentalists, renewable-energy champions and allies abroad for his serious approach to slowing emissions, but his electric-vehicle initiative has some practical implementation challenges: states have varying barriers to entry.</p><p><blockquote>拜登可能会因其在减缓排放方面的严肃态度而赢得一些消费者、环保人士、可再生能源倡导者和海外盟友的支持，但他的电动汽车计划面临一些实际实施挑战：各州有不同的进入壁垒。</blockquote></p><p>Biden via executive order has said he will replace the U.S. government’s fleet of roughly 650,000 vehicles with electric models and encourage a broader national shift to electric cars, including installing 500,000 new electric vehicle charging stations across the country.</p><p><blockquote>拜登通过行政命令表示，他将用电动车型取代美国政府约65万辆汽车，并鼓励全国范围内更广泛地转向电动汽车，包括在全国安装50万个新的电动汽车充电站。</blockquote></p><p>But states and cities have their own hot-and-cold political climate toward EVs and, for instance, some areas have sharply raised registration fees on EVs as an offset for lost tax revenue tied to gasoline purchases.</p><p><blockquote>但各州和城市对电动汽车有自己的忽冷忽热的政治气候，例如，一些地区大幅提高了电动汽车的注册费，以抵消与购买汽油相关的税收损失。</blockquote></p><p>EVs tend to have lower lifetime ownership costs because of low fueling and maintenance expenses. But the higher initial purchase cost and lack of access to vehicle charging remain barriers for many households and fleet owners.</p><p><blockquote>由于加油和维护费用较低，电动汽车的终身拥有成本往往较低。但较高的初始购买成本和缺乏车辆充电仍然是许多家庭和车队所有者的障碍。</blockquote></p><p>“Charging is the big challenge right now,” said Joe Wiesenfelder, executive editor at Cars.com. “People will want to charge at home, overnight, then unplug and drive. At-home charging doesn’t work in every home without modification. And once on the road and needing a charge, even fast-charging batteries aren’t as fast as the five minutes consumers are used to spending at a gas station.”</p><p><blockquote>“充电是目前的一大挑战，”Cars.com执行编辑Joe Wiesenfelder说。“人们会想在家里充电，过夜，然后拔掉插头开车。如果不进行改造，家庭充电并不适用于每个家庭。一旦上路并需要充电，即使是快速充电电池也不如消费者习惯在加油站花费的五分钟。”</blockquote></p><p>Still, well aware of the burgeoning policy and regulatory trend, several states, led by California, are taking comprehensive steps to help enable more residents and businesses to use and charge EVs. Other states notably have done less to reduce barriers to entry, according to the American Council for an Energy-Efficient Economy, in what it suggests is a first-of-its-kind&nbsp;report&nbsp;ranking states.</p><p><blockquote>尽管如此，以加利福尼亚州为首的几个州深知不断发展的政策和监管趋势，正在采取全面措施，帮助更多居民和企业使用电动汽车并为其充电。根据美国节能经济委员会的说法，其他州在降低进入壁垒方面做得明显较少，这是第一份对各州进行排名的报告。</blockquote></p><p>States that rate high in this particular report are mitigating obstacles by offering purchase incentives to buy EVs (on top of federal tax credits, which are up to $7,500 for select manufacturers, excluding TeslaTSLA,-2.07%,where credits have been phased out), adding more charging options and setting lower electric rates at preferred car-charging times.</p><p><blockquote>在这份特别报告中评级较高的州正在通过提供购买电动汽车的购买激励措施来缓解障碍（除了联邦税收抵免之外，特定制造商的联邦税收抵免最高可达7,500美元，不包括特斯拉TSLA，-2.07%，抵免已被逐步取消），增加更多充电选项并在首选的汽车充电时间设置较低的电费。</blockquote></p><p>California is the only state to set deadlines for electrifying transit buses, heavy trucks and commercial vehicles. The state is also one of the few to offer assistance for lower-income drivers replacing older, high-polluting cars with zero- or near-zero-emissions vehicles, and it plans to deploy chargers in economically distressed areas and communities with a history of environmental injustice.</p><p><blockquote>加州是唯一一个为公交巴士、重型卡车和商用车电气化设定最后期限的州。该州也是少数几个为低收入司机提供援助的州之一，用零排放或接近零排放的车辆取代旧的高污染汽车，并计划在经济困难地区和有环境不公正历史的社区部署充电器。</blockquote></p><p>California scored 91 out of 100 possible points. Other top finishers include New York; Washington, D.C.; Maryland; Massachusetts; Washington State; Vermont; Colorado; Oregon and New Jersey.</p><p><blockquote>加州得了91分（满分100分）。其他名列前茅的包括纽约；华盛顿特区；马里兰州；马萨诸塞州；华盛顿州；佛蒙特州；科罗拉多州；俄勒冈州和新泽西州。</blockquote></p><p>Twenty states earned 15 points or fewer.</p><p><blockquote>20个州得分在15分或更少。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fda572f679aec2a40d1fa93f5d4312dd\" tg-width=\"620\" tg-height=\"509\" referrerpolicy=\"no-referrer\">Evaluation in the American Council for an Energy-Efficient Economy scorecard focuses on the states that have demonstrated some level of progress on transportation electrification. Unranked states achieved no more than 15% of the total available points.</p><p><blockquote>美国节能经济记分卡委员会的评估重点是在交通电气化方面取得一定进展的州。未排名的州获得的分数不超过总可用分数的15%。</blockquote></p><p>According to the state rankings, the most common state actions to electrify transportation include planning for more EVs and EV charging options (23 states); incentives such as rebates, tax credits and grants to buy large electric pickups and delivery trucks (27 states); using federal funds to buy electric transit buses (48 states); utility programs that offer lower electric rates at preferred times for EV (Level 2) charging (36 states) and utility funding to spur EV and EV charging adoption in low-income areas and environmental justice communities (15 states).</p><p><blockquote>根据各州排名，最常见的交通电气化州行动包括规划更多电动汽车和电动汽车充电选项（23个州）；购买大型电动皮卡和送货卡车的回扣、税收抵免和赠款等激励措施（27个州）；使用联邦资金购买电动公交巴士（48个州）；公用事业计划在首选时间为电动汽车（2级）充电提供较低电价（36个州），并提供公用事业资金以刺激低收入地区和环境正义社区采用电动汽车和电动汽车充电（15个州）。</blockquote></p><p>Cars.com’s Wiesenfelder said the pursuit of more EVs on the road has historically been a “pull not a push,” meaning consumers aren’t yet in front and plans are subsidy-reliant.</p><p><blockquote>Cars.com的Wiesenfelder表示，从历史上看，追求更多电动汽车上路一直是“拉动而不是推动”，这意味着消费者尚未领先，计划依赖于补贴。</blockquote></p><p>Cars.com said that despite the positive momentum expected in the EV category this year, hybrids and EV searches made up less than 1% of total searches&nbsp;on&nbsp;its site in 2020, signaling a long road ahead for mainstream adoption.</p><p><blockquote>Cars.com表示，尽管预计今年电动汽车类别将出现积极势头，但2020年混合动力汽车和电动汽车搜索量仅占其网站总搜索量的不到1%，这表明主流采用还有很长的路要走。</blockquote></p><p>Under Biden’sproposed aim for net-zero U.S. emissionsby no later than 2050, the EV share of passenger vehicle sales would have to hit at least 25% by 2026, with electric-car sales reaching 4 million per year,&nbsp; Bloomberg NEF analysts, led by Aleksandra O’Donovan, said inreportlate last year.</p><p><blockquote>彭博NEF分析师表示，根据拜登提出的不迟于2050年实现美国净零排放的目标，到2026年，电动汽车在乘用车销量中的份额必须达到至少25%，电动汽车销量每年将达到400万辆。亚历山德拉·奥多诺万(Aleksandra O'Donovan)在去年年底的一份报告中表示。</blockquote></p><p></p><p>Undeniably market forces are changing, especially with tech companies such as AppleAAPLrumored to enter the market, and automakers like HyundaiKR:005380, FordFand GMGMannouncing plans to significantly invest and expand their EV platforms. GM last week saidit aspires to offer only electric vehicles in 15 yearson its way to become a carbon-neutral company by 2040.</p><p><blockquote>不可否认，市场力量正在发生变化，特别是苹果AAPL等科技公司据传将进入该市场，而现代KR：005380、福特和通用汽车等汽车制造商宣布计划大幅投资和扩大其电动汽车平台。通用汽车上周表示，希望在15年内只提供电动汽车，到2040年成为碳中和公司。</blockquote></p><p>How fast local governments and individuals make the upgrades remain a challenge to the federal agenda.</p><p><blockquote>地方政府和个人升级的速度仍然是联邦议程的一个挑战。</blockquote></p><p>“The leading states are embracing this transition, but many more are just starting, even as the automakers are preparing a burst of new electric models,” said Bryan Howard, state policy director at the American Council for an Energy-Efficient Economy.</p><p><blockquote>美国节能经济委员会州政策主任布莱恩·霍华德表示：“领先的州正在接受这一转变，但更多州才刚刚开始，尽管汽车制造商正在准备一系列新的电动车型。”</blockquote></p><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>What are the challenges facing Biden's electric vehicle program?<blockquote>拜登的电动汽车计划面临哪些挑战？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\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\">\nWhat are the challenges facing Biden's electric vehicle program?<blockquote>拜登的电动汽车计划面临哪些挑战？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-02-04 10:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>President Biden may be winning points with environmentalists, renewable-energy champions and U.S. allies abroad for his serious approach to slowing global warming, but his electric-vehicle plan has some practical challenges when applied across all 50 states.</p><p><blockquote>拜登总统可能会因其减缓全球变暖的严肃态度而赢得环保主义者、可再生能源倡导者和美国海外盟友的支持，但他的电动汽车计划在应用于所有50个州时面临一些实际挑战。</blockquote></p><p>Transportation isthe largest source of U.S. greenhouse gas emissions, which is why electric-vehicle adoption is a cornerstone of President Joe Biden’s ambitious climate-change plan.</p><p><blockquote>交通运输是美国温室气体排放的最大来源，这就是为什么电动汽车的采用是乔·拜登总统雄心勃勃的气候变化计划的基石。</blockquote></p><p>Biden may be winning points with some consumers, environmentalists, renewable-energy champions and allies abroad for his serious approach to slowing emissions, but his electric-vehicle initiative has some practical implementation challenges: states have varying barriers to entry.</p><p><blockquote>拜登可能会因其在减缓排放方面的严肃态度而赢得一些消费者、环保人士、可再生能源倡导者和海外盟友的支持，但他的电动汽车计划面临一些实际实施挑战：各州有不同的进入壁垒。</blockquote></p><p>Biden via executive order has said he will replace the U.S. government’s fleet of roughly 650,000 vehicles with electric models and encourage a broader national shift to electric cars, including installing 500,000 new electric vehicle charging stations across the country.</p><p><blockquote>拜登通过行政命令表示，他将用电动车型取代美国政府约65万辆汽车，并鼓励全国范围内更广泛地转向电动汽车，包括在全国安装50万个新的电动汽车充电站。</blockquote></p><p>But states and cities have their own hot-and-cold political climate toward EVs and, for instance, some areas have sharply raised registration fees on EVs as an offset for lost tax revenue tied to gasoline purchases.</p><p><blockquote>但各州和城市对电动汽车有自己的忽冷忽热的政治气候，例如，一些地区大幅提高了电动汽车的注册费，以抵消与购买汽油相关的税收损失。</blockquote></p><p>EVs tend to have lower lifetime ownership costs because of low fueling and maintenance expenses. But the higher initial purchase cost and lack of access to vehicle charging remain barriers for many households and fleet owners.</p><p><blockquote>由于加油和维护费用较低，电动汽车的终身拥有成本往往较低。但较高的初始购买成本和缺乏车辆充电仍然是许多家庭和车队所有者的障碍。</blockquote></p><p>“Charging is the big challenge right now,” said Joe Wiesenfelder, executive editor at Cars.com. “People will want to charge at home, overnight, then unplug and drive. At-home charging doesn’t work in every home without modification. And once on the road and needing a charge, even fast-charging batteries aren’t as fast as the five minutes consumers are used to spending at a gas station.”</p><p><blockquote>“充电是目前的一大挑战，”Cars.com执行编辑Joe Wiesenfelder说。“人们会想在家里充电，过夜，然后拔掉插头开车。如果不进行改造，家庭充电并不适用于每个家庭。一旦上路并需要充电，即使是快速充电电池也不如消费者习惯在加油站花费的五分钟。”</blockquote></p><p>Still, well aware of the burgeoning policy and regulatory trend, several states, led by California, are taking comprehensive steps to help enable more residents and businesses to use and charge EVs. Other states notably have done less to reduce barriers to entry, according to the American Council for an Energy-Efficient Economy, in what it suggests is a first-of-its-kind&nbsp;report&nbsp;ranking states.</p><p><blockquote>尽管如此，以加利福尼亚州为首的几个州深知不断发展的政策和监管趋势，正在采取全面措施，帮助更多居民和企业使用电动汽车并为其充电。根据美国节能经济委员会的说法，其他州在降低进入壁垒方面做得明显较少，这是第一份对各州进行排名的报告。</blockquote></p><p>States that rate high in this particular report are mitigating obstacles by offering purchase incentives to buy EVs (on top of federal tax credits, which are up to $7,500 for select manufacturers, excluding TeslaTSLA,-2.07%,where credits have been phased out), adding more charging options and setting lower electric rates at preferred car-charging times.</p><p><blockquote>在这份特别报告中评级较高的州正在通过提供购买电动汽车的购买激励措施来缓解障碍（除了联邦税收抵免之外，特定制造商的联邦税收抵免最高可达7,500美元，不包括特斯拉TSLA，-2.07%，抵免已被逐步取消），增加更多充电选项并在首选的汽车充电时间设置较低的电费。</blockquote></p><p>California is the only state to set deadlines for electrifying transit buses, heavy trucks and commercial vehicles. The state is also one of the few to offer assistance for lower-income drivers replacing older, high-polluting cars with zero- or near-zero-emissions vehicles, and it plans to deploy chargers in economically distressed areas and communities with a history of environmental injustice.</p><p><blockquote>加州是唯一一个为公交巴士、重型卡车和商用车电气化设定最后期限的州。该州也是少数几个为低收入司机提供援助的州之一，用零排放或接近零排放的车辆取代旧的高污染汽车，并计划在经济困难地区和有环境不公正历史的社区部署充电器。</blockquote></p><p>California scored 91 out of 100 possible points. Other top finishers include New York; Washington, D.C.; Maryland; Massachusetts; Washington State; Vermont; Colorado; Oregon and New Jersey.</p><p><blockquote>加州得了91分（满分100分）。其他名列前茅的包括纽约；华盛顿特区；马里兰州；马萨诸塞州；华盛顿州；佛蒙特州；科罗拉多州；俄勒冈州和新泽西州。</blockquote></p><p>Twenty states earned 15 points or fewer.</p><p><blockquote>20个州得分在15分或更少。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fda572f679aec2a40d1fa93f5d4312dd\" tg-width=\"620\" tg-height=\"509\" referrerpolicy=\"no-referrer\">Evaluation in the American Council for an Energy-Efficient Economy scorecard focuses on the states that have demonstrated some level of progress on transportation electrification. Unranked states achieved no more than 15% of the total available points.</p><p><blockquote>美国节能经济记分卡委员会的评估重点是在交通电气化方面取得一定进展的州。未排名的州获得的分数不超过总可用分数的15%。</blockquote></p><p>According to the state rankings, the most common state actions to electrify transportation include planning for more EVs and EV charging options (23 states); incentives such as rebates, tax credits and grants to buy large electric pickups and delivery trucks (27 states); using federal funds to buy electric transit buses (48 states); utility programs that offer lower electric rates at preferred times for EV (Level 2) charging (36 states) and utility funding to spur EV and EV charging adoption in low-income areas and environmental justice communities (15 states).</p><p><blockquote>根据各州排名，最常见的交通电气化州行动包括规划更多电动汽车和电动汽车充电选项（23个州）；购买大型电动皮卡和送货卡车的回扣、税收抵免和赠款等激励措施（27个州）；使用联邦资金购买电动公交巴士（48个州）；公用事业计划在首选时间为电动汽车（2级）充电提供较低电价（36个州），并提供公用事业资金以刺激低收入地区和环境正义社区采用电动汽车和电动汽车充电（15个州）。</blockquote></p><p>Cars.com’s Wiesenfelder said the pursuit of more EVs on the road has historically been a “pull not a push,” meaning consumers aren’t yet in front and plans are subsidy-reliant.</p><p><blockquote>Cars.com的Wiesenfelder表示，从历史上看，追求更多电动汽车上路一直是“拉动而不是推动”，这意味着消费者尚未领先，计划依赖于补贴。</blockquote></p><p>Cars.com said that despite the positive momentum expected in the EV category this year, hybrids and EV searches made up less than 1% of total searches&nbsp;on&nbsp;its site in 2020, signaling a long road ahead for mainstream adoption.</p><p><blockquote>Cars.com表示，尽管预计今年电动汽车类别将出现积极势头，但2020年混合动力汽车和电动汽车搜索量仅占其网站总搜索量的不到1%，这表明主流采用还有很长的路要走。</blockquote></p><p>Under Biden’sproposed aim for net-zero U.S. emissionsby no later than 2050, the EV share of passenger vehicle sales would have to hit at least 25% by 2026, with electric-car sales reaching 4 million per year,&nbsp; Bloomberg NEF analysts, led by Aleksandra O’Donovan, said inreportlate last year.</p><p><blockquote>彭博NEF分析师表示，根据拜登提出的不迟于2050年实现美国净零排放的目标，到2026年，电动汽车在乘用车销量中的份额必须达到至少25%，电动汽车销量每年将达到400万辆。亚历山德拉·奥多诺万(Aleksandra O'Donovan)在去年年底的一份报告中表示。</blockquote></p><p></p><p>Undeniably market forces are changing, especially with tech companies such as AppleAAPLrumored to enter the market, and automakers like HyundaiKR:005380, FordFand GMGMannouncing plans to significantly invest and expand their EV platforms. GM last week saidit aspires to offer only electric vehicles in 15 yearson its way to become a carbon-neutral company by 2040.</p><p><blockquote>不可否认，市场力量正在发生变化，特别是苹果AAPL等科技公司据传将进入该市场，而现代KR：005380、福特和通用汽车等汽车制造商宣布计划大幅投资和扩大其电动汽车平台。通用汽车上周表示，希望在15年内只提供电动汽车，到2040年成为碳中和公司。</blockquote></p><p>How fast local governments and individuals make the upgrades remain a challenge to the federal agenda.</p><p><blockquote>地方政府和个人升级的速度仍然是联邦议程的一个挑战。</blockquote></p><p>“The leading states are embracing this transition, but many more are just starting, even as the automakers are preparing a burst of new electric models,” said Bryan Howard, state policy director at the American Council for an Energy-Efficient Economy.</p><p><blockquote>美国节能经济委员会州政策主任布莱恩·霍华德表示：“领先的州正在接受这一转变，但更多州才刚刚开始，尽管汽车制造商正在准备一系列新的电动车型。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-big-challenge-to-bidens-electric-vehicle-pledge-every-state-is-different-11612389231?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/11fb5ef0b1cb032e12ea701b85e5650d","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/the-big-challenge-to-bidens-electric-vehicle-pledge-every-state-is-different-11612389231?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198883855","content_text":"President Biden may be winning points with environmentalists, renewable-energy champions and U.S. allies abroad for his serious approach to slowing global warming, but his electric-vehicle plan has some practical challenges when applied across all 50 states.Transportation isthe largest source of U.S. greenhouse gas emissions, which is why electric-vehicle adoption is a cornerstone of President Joe Biden’s ambitious climate-change plan.Biden may be winning points with some consumers, environmentalists, renewable-energy champions and allies abroad for his serious approach to slowing emissions, but his electric-vehicle initiative has some practical implementation challenges: states have varying barriers to entry.Biden via executive order has said he will replace the U.S. government’s fleet of roughly 650,000 vehicles with electric models and encourage a broader national shift to electric cars, including installing 500,000 new electric vehicle charging stations across the country.But states and cities have their own hot-and-cold political climate toward EVs and, for instance, some areas have sharply raised registration fees on EVs as an offset for lost tax revenue tied to gasoline purchases.EVs tend to have lower lifetime ownership costs because of low fueling and maintenance expenses. But the higher initial purchase cost and lack of access to vehicle charging remain barriers for many households and fleet owners.“Charging is the big challenge right now,” said Joe Wiesenfelder, executive editor at Cars.com. “People will want to charge at home, overnight, then unplug and drive. At-home charging doesn’t work in every home without modification. And once on the road and needing a charge, even fast-charging batteries aren’t as fast as the five minutes consumers are used to spending at a gas station.”Still, well aware of the burgeoning policy and regulatory trend, several states, led by California, are taking comprehensive steps to help enable more residents and businesses to use and charge EVs. Other states notably have done less to reduce barriers to entry, according to the American Council for an Energy-Efficient Economy, in what it suggests is a first-of-its-kind report ranking states.States that rate high in this particular report are mitigating obstacles by offering purchase incentives to buy EVs (on top of federal tax credits, which are up to $7,500 for select manufacturers, excluding TeslaTSLA,-2.07%,where credits have been phased out), adding more charging options and setting lower electric rates at preferred car-charging times.California is the only state to set deadlines for electrifying transit buses, heavy trucks and commercial vehicles. The state is also one of the few to offer assistance for lower-income drivers replacing older, high-polluting cars with zero- or near-zero-emissions vehicles, and it plans to deploy chargers in economically distressed areas and communities with a history of environmental injustice.California scored 91 out of 100 possible points. Other top finishers include New York; Washington, D.C.; Maryland; Massachusetts; Washington State; Vermont; Colorado; Oregon and New Jersey.Twenty states earned 15 points or fewer.Evaluation in the American Council for an Energy-Efficient Economy scorecard focuses on the states that have demonstrated some level of progress on transportation electrification. Unranked states achieved no more than 15% of the total available points.According to the state rankings, the most common state actions to electrify transportation include planning for more EVs and EV charging options (23 states); incentives such as rebates, tax credits and grants to buy large electric pickups and delivery trucks (27 states); using federal funds to buy electric transit buses (48 states); utility programs that offer lower electric rates at preferred times for EV (Level 2) charging (36 states) and utility funding to spur EV and EV charging adoption in low-income areas and environmental justice communities (15 states).Cars.com’s Wiesenfelder said the pursuit of more EVs on the road has historically been a “pull not a push,” meaning consumers aren’t yet in front and plans are subsidy-reliant.Cars.com said that despite the positive momentum expected in the EV category this year, hybrids and EV searches made up less than 1% of total searches on its site in 2020, signaling a long road ahead for mainstream adoption.Under Biden’sproposed aim for net-zero U.S. emissionsby no later than 2050, the EV share of passenger vehicle sales would have to hit at least 25% by 2026, with electric-car sales reaching 4 million per year,  Bloomberg NEF analysts, led by Aleksandra O’Donovan, said inreportlate last year.Undeniably market forces are changing, especially with tech companies such as AppleAAPLrumored to enter the market, and automakers like HyundaiKR:005380, FordFand GMGMannouncing plans to significantly invest and expand their EV platforms. GM last week saidit aspires to offer only electric vehicles in 15 yearson its way to become a carbon-neutral company by 2040.How fast local governments and individuals make the upgrades remain a challenge to the federal agenda.“The leading states are embracing this transition, but many more are just starting, even as the automakers are preparing a burst of new electric models,” said Bryan Howard, state policy director at the American Council for an Energy-Efficient Economy.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361110609,"gmtCreate":1614212731501,"gmtModify":1634550704905,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"Hope so","listText":"Hope so","text":"Hope so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361110609","repostId":"1179628639","repostType":4,"repost":{"id":"1179628639","kind":"news","pubTimestamp":1614148236,"share":"https://www.laohu8.com/m/news/1179628639?lang=zh_CN&edition=full","pubTime":"2021-02-24 14:30","market":"us","language":"en","title":"3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179628639","media":"MarketWatch","summary":"Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina\nRis","content":"<p>Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina</p><p><blockquote>加拿大皇家银行的卡尔瓦西纳表示，近期可能会回调，但这并不是急于退出的信号</blockquote></p><p> Rising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks over bonds in 2021, according to one analyst.</p><p><blockquote>一位分析师表示，美国国债收益率上升导致股市因疫情而雄心勃勃的投资者抛售，但可能不足以削弱2021年股票相对于债券的吸引力。</blockquote></p><p> U.S. equity investors “have become focused on the recent increase in 10-year Treasury yields over the past week, which are all the way back to mid-February 2020 levels,” wrote Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Tuesday note. Yields and bond prices have an inverse relationship.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)美国股票策略主管洛里·卡尔瓦西纳(Lori Calvasina)写道，美国股票投资者“开始关注过去一周10年期国债收益率的近期上涨，该收益率已回到2020年2月中旬的水平”，在周二的一份报告中。收益率和债券价格呈反比关系。</blockquote></p><p> The 10-year Treasury yieldTMUBMUSD10Y,1.332%is coming off its largest rise in six weeks, which has been blamed for sparking a pullback led by tech-oriented stocks that had benefited most from the stay-at-home dynamic created by the COVID-19 pandemic.</p><p><blockquote>10年期国债收益率TMUBMUSD10Y, 1.332%正创下六周来的最大涨幅，这被指责引发了由科技型股票领跌的回调，这些股票从COVID-19造成的居家动态中受益最大。-19大流行。</blockquote></p><p> The relationship was on display in reverse Tuesday as therise in yields relentedfollowingtestimony by Federal Reserve Chairman Jerome Powell, allowing major benchmarks to erase or trim significant losses. The tech-heavy Nasdaq Composite,which has led the way lower,trimmed a loss of nearly 4% to end down 0.5%&nbsp;as yields declined; the S&amp;P 500&nbsp;eked out a gain to snap a five-day losing streak, while the more cyclically oriented Dow Jones Industrial Average&nbsp;erased a loss of more than 360 points to end slightly higher.</p><p><blockquote>周二，随着美联储主席杰罗姆·鲍威尔作证后收益率上涨放缓，这种关系出现了逆转，使主要基准指数消除或削减了重大损失。随着收益率下降，以科技股为主的纳斯达克综合指数跌幅收窄近4%，收盘下跌0.5%；标普500在snap连续五天下跌后勉强上涨，而更具周期性的道琼斯工业平均指数则抹去了360多点的跌幅，小幅收高。</blockquote></p><p> Meanwhile, Calvasina said a look at what stocks are offering in terms of dividend and earnings yield relative to bonds, as well as a reminder of what sort of bond moves have spelled trouble for equities, offers some reassurance that 2021 is unlikely to turn into a down year, she said.</p><p><blockquote>与此同时，卡尔瓦西纳表示，看看股票相对于债券的股息和收益率，以及提醒人们什么样的债券走势给股市带来了麻烦，可以让人放心，2021年不太可能变成这样。她说，这是一个低迷的一年。</blockquote></p><p> <b>Dividend yield</b></p><p><blockquote><b>股息率</b></blockquote></p><p> When it comes to dividend yield, RBC measured the percentage of companies that continue to exceed the 10-year Treasury yield. While that has fallen to 51.5% from 64% at the beginning of the year, it’s still within a range typically followed by a 17% gain for the S&amp;P 500 over the following 12 months, she said.</p><p><blockquote>在股息收益率方面，加拿大皇家银行衡量了持续超过10年期国债收益率的公司百分比。她表示，虽然这一比例已从年初的64%降至51.5%，但仍处于标普500在接下来12个月内通常会上涨17%的范围内。</blockquote></p><p> <b>Earnings yield</b></p><p><blockquote><b>收益率</b></blockquote></p><p> The S&amp;P 500’s earnings yield has also deteriorated, moving to the low end of the range in place since the end of the financial crisis. It now stands near the level seen in 2017-’18, but remains in a range that’s been followed by 9.3% average gains by the S&amp;P 500 over the next 12 months, Calvasina said.</p><p><blockquote>标普500的收益率也有所恶化，跌至金融危机结束以来区间的低端。Calvasina表示，目前该指数接近2017-18年的水平，但仍处于未来12个月标普500平均上涨9.3%的区间内。</blockquote></p><p> “In other words, this analysis is acknowledging the case for a short-term pullback in the S&amp;P 500, but isn’t necessarily signaling that longer-term investors should head for the exit,” she wrote.</p><p><blockquote>她写道：“换句话说，这一分析承认了标普500短期回调的理由，但并不一定表明长期投资者应该退出。”</blockquote></p><p> Calvasina also highlighted an “important difference” between 2018, when the trade war posed a threat to the U.S. and global economies, and now, when gross domestic product forecasts are rising rapidly.</p><p><blockquote>卡尔瓦西纳还强调了2018年和现在之间的“重要区别”，当时贸易战对美国和全球经济构成威胁，而现在国内生产总值预测迅速上升。</blockquote></p><p> <b>Treasury yields and stocks</b></p><p><blockquote><b>国债收益率和股票</b></blockquote></p><p> Finally, what about the rise in Treasury yields itself? After all, many market watchers have argued that while yields remain low by historical standards, it’s the size of the rise that may be most concerning for equities. Calvasina broke down the relationship between yield moves and stock-market performance in the chart below:</p><p><blockquote>最后，国债收益率的上升本身呢？毕竟，许多市场观察人士认为，虽然按照历史标准来看收益率仍然较低，但股市最令人担忧的可能是上涨的规模。卡尔瓦西纳在下图中分析了收益率变动与股市表现之间的关系：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6bb8f243548ebe4120c4314a557bdf28\" tg-width=\"1260\" tg-height=\"1132\"><span>RBC CAPITAL MARKETS</span></p><p><blockquote><p class=\"t-img-caption\"><span>加拿大皇家银行资本市场</span></p></blockquote></p><p> Calvasina said U.S. equities have tended to struggle when the 10-year yield rises more than 275 basis points, or 2.75 percentage points. Coming off its low of 0.51%, a 275-basis-point move would take the yield to around 3.26%. The 10-year ended Tuesday at 1.363%.</p><p><blockquote>Calvasina表示，当10年期国债收益率上涨超过275个基点，即2.75个百分点时，美国股市往往会陷入困境。收益率从0.51%的低点上涨275个基点，将升至3.26%左右。10年期国债周二收于1.363%。</blockquote></p><p></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>3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\n3 reasons the stock market might be able to survive rising bond yields in 2021<blockquote>股市或许能够在2021年债券收益率上升的情况下生存下来的3个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-02-24 14:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina</p><p><blockquote>加拿大皇家银行的卡尔瓦西纳表示，近期可能会回调，但这并不是急于退出的信号</blockquote></p><p> Rising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks over bonds in 2021, according to one analyst.</p><p><blockquote>一位分析师表示，美国国债收益率上升导致股市因疫情而雄心勃勃的投资者抛售，但可能不足以削弱2021年股票相对于债券的吸引力。</blockquote></p><p> U.S. equity investors “have become focused on the recent increase in 10-year Treasury yields over the past week, which are all the way back to mid-February 2020 levels,” wrote Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Tuesday note. Yields and bond prices have an inverse relationship.</p><p><blockquote>加拿大皇家银行资本市场(RBC Capital Markets)美国股票策略主管洛里·卡尔瓦西纳(Lori Calvasina)写道，美国股票投资者“开始关注过去一周10年期国债收益率的近期上涨，该收益率已回到2020年2月中旬的水平”，在周二的一份报告中。收益率和债券价格呈反比关系。</blockquote></p><p> The 10-year Treasury yieldTMUBMUSD10Y,1.332%is coming off its largest rise in six weeks, which has been blamed for sparking a pullback led by tech-oriented stocks that had benefited most from the stay-at-home dynamic created by the COVID-19 pandemic.</p><p><blockquote>10年期国债收益率TMUBMUSD10Y, 1.332%正创下六周来的最大涨幅，这被指责引发了由科技型股票领跌的回调，这些股票从COVID-19造成的居家动态中受益最大。-19大流行。</blockquote></p><p> The relationship was on display in reverse Tuesday as therise in yields relentedfollowingtestimony by Federal Reserve Chairman Jerome Powell, allowing major benchmarks to erase or trim significant losses. The tech-heavy Nasdaq Composite,which has led the way lower,trimmed a loss of nearly 4% to end down 0.5%&nbsp;as yields declined; the S&amp;P 500&nbsp;eked out a gain to snap a five-day losing streak, while the more cyclically oriented Dow Jones Industrial Average&nbsp;erased a loss of more than 360 points to end slightly higher.</p><p><blockquote>周二，随着美联储主席杰罗姆·鲍威尔作证后收益率上涨放缓，这种关系出现了逆转，使主要基准指数消除或削减了重大损失。随着收益率下降，以科技股为主的纳斯达克综合指数跌幅收窄近4%，收盘下跌0.5%；标普500在snap连续五天下跌后勉强上涨，而更具周期性的道琼斯工业平均指数则抹去了360多点的跌幅，小幅收高。</blockquote></p><p> Meanwhile, Calvasina said a look at what stocks are offering in terms of dividend and earnings yield relative to bonds, as well as a reminder of what sort of bond moves have spelled trouble for equities, offers some reassurance that 2021 is unlikely to turn into a down year, she said.</p><p><blockquote>与此同时，卡尔瓦西纳表示，看看股票相对于债券的股息和收益率，以及提醒人们什么样的债券走势给股市带来了麻烦，可以让人放心，2021年不太可能变成这样。她说，这是一个低迷的一年。</blockquote></p><p> <b>Dividend yield</b></p><p><blockquote><b>股息率</b></blockquote></p><p> When it comes to dividend yield, RBC measured the percentage of companies that continue to exceed the 10-year Treasury yield. While that has fallen to 51.5% from 64% at the beginning of the year, it’s still within a range typically followed by a 17% gain for the S&amp;P 500 over the following 12 months, she said.</p><p><blockquote>在股息收益率方面，加拿大皇家银行衡量了持续超过10年期国债收益率的公司百分比。她表示，虽然这一比例已从年初的64%降至51.5%，但仍处于标普500在接下来12个月内通常会上涨17%的范围内。</blockquote></p><p> <b>Earnings yield</b></p><p><blockquote><b>收益率</b></blockquote></p><p> The S&amp;P 500’s earnings yield has also deteriorated, moving to the low end of the range in place since the end of the financial crisis. It now stands near the level seen in 2017-’18, but remains in a range that’s been followed by 9.3% average gains by the S&amp;P 500 over the next 12 months, Calvasina said.</p><p><blockquote>标普500的收益率也有所恶化，跌至金融危机结束以来区间的低端。Calvasina表示，目前该指数接近2017-18年的水平，但仍处于未来12个月标普500平均上涨9.3%的区间内。</blockquote></p><p> “In other words, this analysis is acknowledging the case for a short-term pullback in the S&amp;P 500, but isn’t necessarily signaling that longer-term investors should head for the exit,” she wrote.</p><p><blockquote>她写道：“换句话说，这一分析承认了标普500短期回调的理由，但并不一定表明长期投资者应该退出。”</blockquote></p><p> Calvasina also highlighted an “important difference” between 2018, when the trade war posed a threat to the U.S. and global economies, and now, when gross domestic product forecasts are rising rapidly.</p><p><blockquote>卡尔瓦西纳还强调了2018年和现在之间的“重要区别”，当时贸易战对美国和全球经济构成威胁，而现在国内生产总值预测迅速上升。</blockquote></p><p> <b>Treasury yields and stocks</b></p><p><blockquote><b>国债收益率和股票</b></blockquote></p><p> Finally, what about the rise in Treasury yields itself? After all, many market watchers have argued that while yields remain low by historical standards, it’s the size of the rise that may be most concerning for equities. Calvasina broke down the relationship between yield moves and stock-market performance in the chart below:</p><p><blockquote>最后，国债收益率的上升本身呢？毕竟，许多市场观察人士认为，虽然按照历史标准来看收益率仍然较低，但股市最令人担忧的可能是上涨的规模。卡尔瓦西纳在下图中分析了收益率变动与股市表现之间的关系：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6bb8f243548ebe4120c4314a557bdf28\" tg-width=\"1260\" tg-height=\"1132\"><span>RBC CAPITAL MARKETS</span></p><p><blockquote><p class=\"t-img-caption\"><span>加拿大皇家银行资本市场</span></p></blockquote></p><p> Calvasina said U.S. equities have tended to struggle when the 10-year yield rises more than 275 basis points, or 2.75 percentage points. Coming off its low of 0.51%, a 275-basis-point move would take the yield to around 3.26%. The 10-year ended Tuesday at 1.363%.</p><p><blockquote>Calvasina表示，当10年期国债收益率上涨超过275个基点，即2.75个百分点时，美国股市往往会陷入困境。收益率从0.51%的低点上涨275个基点，将升至3.26%左右。10年期国债周二收于1.363%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/3-reasons-why-the-stock-market-might-be-able-to-survive-rising-bond-yields-in-2021-11614119111?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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/3-reasons-why-the-stock-market-might-be-able-to-survive-rising-bond-yields-in-2021-11614119111?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1179628639","content_text":"Near-term pullback possible, but that’s not a signal to rush for the exits, says RBC’s Calvasina\nRising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks over bonds in 2021, according to one analyst.\nU.S. equity investors “have become focused on the recent increase in 10-year Treasury yields over the past week, which are all the way back to mid-February 2020 levels,” wrote Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Tuesday note. Yields and bond prices have an inverse relationship.\nThe 10-year Treasury yieldTMUBMUSD10Y,1.332%is coming off its largest rise in six weeks, which has been blamed for sparking a pullback led by tech-oriented stocks that had benefited most from the stay-at-home dynamic created by the COVID-19 pandemic.\nThe relationship was on display in reverse Tuesday as therise in yields relentedfollowingtestimony by Federal Reserve Chairman Jerome Powell, allowing major benchmarks to erase or trim significant losses. The tech-heavy Nasdaq Composite,which has led the way lower,trimmed a loss of nearly 4% to end down 0.5% as yields declined; the S&P 500 eked out a gain to snap a five-day losing streak, while the more cyclically oriented Dow Jones Industrial Average erased a loss of more than 360 points to end slightly higher.\nMeanwhile, Calvasina said a look at what stocks are offering in terms of dividend and earnings yield relative to bonds, as well as a reminder of what sort of bond moves have spelled trouble for equities, offers some reassurance that 2021 is unlikely to turn into a down year, she said.\nDividend yield\nWhen it comes to dividend yield, RBC measured the percentage of companies that continue to exceed the 10-year Treasury yield. While that has fallen to 51.5% from 64% at the beginning of the year, it’s still within a range typically followed by a 17% gain for the S&P 500 over the following 12 months, she said.\nEarnings yield\nThe S&P 500’s earnings yield has also deteriorated, moving to the low end of the range in place since the end of the financial crisis. It now stands near the level seen in 2017-’18, but remains in a range that’s been followed by 9.3% average gains by the S&P 500 over the next 12 months, Calvasina said.\n“In other words, this analysis is acknowledging the case for a short-term pullback in the S&P 500, but isn’t necessarily signaling that longer-term investors should head for the exit,” she wrote.\nCalvasina also highlighted an “important difference” between 2018, when the trade war posed a threat to the U.S. and global economies, and now, when gross domestic product forecasts are rising rapidly.\nTreasury yields and stocks\nFinally, what about the rise in Treasury yields itself? After all, many market watchers have argued that while yields remain low by historical standards, it’s the size of the rise that may be most concerning for equities. Calvasina broke down the relationship between yield moves and stock-market performance in the chart below:\nRBC CAPITAL MARKETS\nCalvasina said U.S. equities have tended to struggle when the 10-year yield rises more than 275 basis points, or 2.75 percentage points. Coming off its low of 0.51%, a 275-basis-point move would take the yield to around 3.26%. The 10-year ended Tuesday at 1.363%.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361083884,"gmtCreate":1614178996448,"gmtModify":1634550840412,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"Correction day&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;","listText":"Correction day&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;[捂脸]&nbsp;","text":"Correction day [捂脸] [捂脸] [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361083884","repostId":"1104736316","repostType":4,"repost":{"id":"1104736316","kind":"news","pubTimestamp":1614156425,"share":"https://www.laohu8.com/m/news/1104736316?lang=zh_CN&edition=full","pubTime":"2021-02-24 16:47","market":"us","language":"en","title":"Why Baidu Stock Crashed Today -- and Then Largely Recovered<blockquote>为什么百度股票今天暴跌，然后基本回升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104736316","media":"Motley Fool","summary":"Tech stock panic was partly countered by analysts' enthusiasm for this company.\nWhat happened\nAfter ","content":"<p>Tech stock panic was partly countered by analysts' enthusiasm for this company.</p><p><blockquote>分析师对这家公司的热情部分抵消了科技股的恐慌。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> After a couple of days in which four analysts upped their price targets on Chinese search giant&nbsp;<b>Baidu</b>(NASDAQ:BIDU), the stock dropped Tuesday, falling as much as 13% in the middle of atech stockrout on Wall Street.</p><p><blockquote>几天前，四位分析师上调了这家中国搜索巨头的目标价<b>百度</b>（纳斯达克：BIDU），该股周二下跌，在华尔街科技股暴跌期间跌幅高达13%。</blockquote></p><p> However, it clawed back most of those losses in the afternoon, closing the trading day down by 3.9%.</p><p><blockquote>然而，该股在下午收复了大部分失地，收盘下跌3.9%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> You can blame the day's loss on Tuesday's sell-off of tech stocks. But things could have ended a lot worse for Baidu, and one of the reasons they didn't was because of all the support the company has been winning on Wall Street lately.</p><p><blockquote>你可以将当天的损失归咎于周二科技股的抛售。但对于百度来说，事情的结局可能会更糟糕，而他们没有这样做的原因之一是该公司最近在华尔街赢得了所有支持。</blockquote></p><p> On Monday, both Goldman Sachs and British bank Barclays raised their price targets on Baidu stock, to $383 per share and $400, respectively. Then Susquehanna Financial entered a \"Street high\" price prediction that Baidu will hit $450 a share within a year. And on Tuesday, the cheering continued with KeyBanc posting a $390 price target.</p><p><blockquote>周一，高盛和英国银行Barclays均将百度股票的目标价分别上调至每股383美元和400美元。随后Susquehanna Financial进入了“街头高点”价格预测，百度将在一年内达到每股450美元。周二，KeyBanc公布了390美元的目标价，欢呼声仍在继续。</blockquote></p><p> Susquehanna noted that it was impressed with&nbsp;Baidu's fourth-quarter earnings beat&nbsp;last week, and said it expects 2021 to be even better. \"The core business continues to improve,\" noted the firm's analyst, emphasizing that Baidu remains \"a leading player in China's search market\" and also the \"owner of one of the top video assets in the country.\" At the same time, its \"AI businesses are experiencing very strong momentum.\"</p><p><blockquote>Susquehanna指出，百度上周第四季度盈利超出预期给它留下了深刻印象，并表示预计2021年会更好。该公司分析师指出，“核心业务持续改善”，并强调百度仍然是“中国搜索市场的领先者”，也是“中国顶级视频资产之一的所有者”。与此同时，其“人工智能业务正在经历非常强劲的势头”。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The analysts had better be right about that, though, because while it's true Baidu \"beat earnings\" in Q4, its sales were still down for the second year running in 2020, and while forecasts about its future growth are strong, even results that meet them may not be enough to support the stock's extreme valuation. Total net income for the year was $3.4 billion, giving Baidu stock a price-to-earnings ratio of more than 32. Weak free cash flow for the year left Baidu's price-to-free-cash-flow ratio at an even steeper 37.9.</p><p><blockquote>不过，分析师在这一点上最好是正确的，因为虽然百度确实在第四季度“超出了盈利”，但其销售额在2020年仍连续第二年下降，尽管对其未来增长的预测很强劲，但即使业绩满足他们可能不足以支撑该股的极端估值。全年净利润总额为34亿美元，使百度股票的市盈率超过32。今年疲软的自由现金流导致百度的市盈率与自由现金流之比达到了更高的37.9。</blockquote></p><p> With most analysts predicting that Baidu will grow earnings at about 18% annually over the next five years, I'm afraid the stock just doesn't look like much of a bargain to me.</p><p><blockquote>由于大多数分析师预测百度未来五年的盈利将以每年18%左右的速度增长，恐怕这只股票对我来说看起来并不便宜。</blockquote></p><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>Why Baidu Stock Crashed Today -- and Then Largely Recovered<blockquote>为什么百度股票今天暴跌，然后基本回升</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 Baidu Stock Crashed Today -- and Then Largely Recovered<blockquote>为什么百度股票今天暴跌，然后基本回升</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-02-24 16:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tech stock panic was partly countered by analysts' enthusiasm for this company.</p><p><blockquote>分析师对这家公司的热情部分抵消了科技股的恐慌。</blockquote></p><p> <b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> After a couple of days in which four analysts upped their price targets on Chinese search giant&nbsp;<b>Baidu</b>(NASDAQ:BIDU), the stock dropped Tuesday, falling as much as 13% in the middle of atech stockrout on Wall Street.</p><p><blockquote>几天前，四位分析师上调了这家中国搜索巨头的目标价<b>百度</b>（纳斯达克：BIDU），该股周二下跌，在华尔街科技股暴跌期间跌幅高达13%。</blockquote></p><p> However, it clawed back most of those losses in the afternoon, closing the trading day down by 3.9%.</p><p><blockquote>然而，该股在下午收复了大部分失地，收盘下跌3.9%。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> You can blame the day's loss on Tuesday's sell-off of tech stocks. But things could have ended a lot worse for Baidu, and one of the reasons they didn't was because of all the support the company has been winning on Wall Street lately.</p><p><blockquote>你可以将当天的损失归咎于周二科技股的抛售。但对于百度来说，事情的结局可能会更糟糕，而他们没有这样做的原因之一是该公司最近在华尔街赢得了所有支持。</blockquote></p><p> On Monday, both Goldman Sachs and British bank Barclays raised their price targets on Baidu stock, to $383 per share and $400, respectively. Then Susquehanna Financial entered a \"Street high\" price prediction that Baidu will hit $450 a share within a year. And on Tuesday, the cheering continued with KeyBanc posting a $390 price target.</p><p><blockquote>周一，高盛和英国银行Barclays均将百度股票的目标价分别上调至每股383美元和400美元。随后Susquehanna Financial进入了“街头高点”价格预测，百度将在一年内达到每股450美元。周二，KeyBanc公布了390美元的目标价，欢呼声仍在继续。</blockquote></p><p> Susquehanna noted that it was impressed with&nbsp;Baidu's fourth-quarter earnings beat&nbsp;last week, and said it expects 2021 to be even better. \"The core business continues to improve,\" noted the firm's analyst, emphasizing that Baidu remains \"a leading player in China's search market\" and also the \"owner of one of the top video assets in the country.\" At the same time, its \"AI businesses are experiencing very strong momentum.\"</p><p><blockquote>Susquehanna指出，百度上周第四季度盈利超出预期给它留下了深刻印象，并表示预计2021年会更好。该公司分析师指出，“核心业务持续改善”，并强调百度仍然是“中国搜索市场的领先者”，也是“中国顶级视频资产之一的所有者”。与此同时，其“人工智能业务正在经历非常强劲的势头”。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The analysts had better be right about that, though, because while it's true Baidu \"beat earnings\" in Q4, its sales were still down for the second year running in 2020, and while forecasts about its future growth are strong, even results that meet them may not be enough to support the stock's extreme valuation. Total net income for the year was $3.4 billion, giving Baidu stock a price-to-earnings ratio of more than 32. Weak free cash flow for the year left Baidu's price-to-free-cash-flow ratio at an even steeper 37.9.</p><p><blockquote>不过，分析师在这一点上最好是正确的，因为虽然百度确实在第四季度“超出了盈利”，但其销售额在2020年仍连续第二年下降，尽管对其未来增长的预测很强劲，但即使业绩满足他们可能不足以支撑该股的极端估值。全年净利润总额为34亿美元，使百度股票的市盈率超过32。今年疲软的自由现金流导致百度的市盈率与自由现金流之比达到了更高的37.9。</blockquote></p><p> With most analysts predicting that Baidu will grow earnings at about 18% annually over the next five years, I'm afraid the stock just doesn't look like much of a bargain to me.</p><p><blockquote>由于大多数分析师预测百度未来五年的盈利将以每年18%左右的速度增长，恐怕这只股票对我来说看起来并不便宜。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/02/23/why-baidu-stock-crashed-today-and-then-largely-rec/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://www.fool.com/investing/2021/02/23/why-baidu-stock-crashed-today-and-then-largely-rec/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104736316","content_text":"Tech stock panic was partly countered by analysts' enthusiasm for this company.\nWhat happened\nAfter a couple of days in which four analysts upped their price targets on Chinese search giant Baidu(NASDAQ:BIDU), the stock dropped Tuesday, falling as much as 13% in the middle of atech stockrout on Wall Street.\nHowever, it clawed back most of those losses in the afternoon, closing the trading day down by 3.9%.\nSo what\nYou can blame the day's loss on Tuesday's sell-off of tech stocks. But things could have ended a lot worse for Baidu, and one of the reasons they didn't was because of all the support the company has been winning on Wall Street lately.\nOn Monday, both Goldman Sachs and British bank Barclays raised their price targets on Baidu stock, to $383 per share and $400, respectively. Then Susquehanna Financial entered a \"Street high\" price prediction that Baidu will hit $450 a share within a year. And on Tuesday, the cheering continued with KeyBanc posting a $390 price target.\nSusquehanna noted that it was impressed with Baidu's fourth-quarter earnings beat last week, and said it expects 2021 to be even better. \"The core business continues to improve,\" noted the firm's analyst, emphasizing that Baidu remains \"a leading player in China's search market\" and also the \"owner of one of the top video assets in the country.\" At the same time, its \"AI businesses are experiencing very strong momentum.\"\nNow what\nThe analysts had better be right about that, though, because while it's true Baidu \"beat earnings\" in Q4, its sales were still down for the second year running in 2020, and while forecasts about its future growth are strong, even results that meet them may not be enough to support the stock's extreme valuation. Total net income for the year was $3.4 billion, giving Baidu stock a price-to-earnings ratio of more than 32. Weak free cash flow for the year left Baidu's price-to-free-cash-flow ratio at an even steeper 37.9.\nWith most analysts predicting that Baidu will grow earnings at about 18% annually over the next five years, I'm afraid the stock just doesn't look like much of a bargain to me.","news_type":1,"symbols_score_info":{"BIDU":0.9}},"isVote":1,"tweetType":1,"viewCount":1847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":361017585,"gmtCreate":1614178890247,"gmtModify":1634550841558,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NNDM\">$Nano Dimension(NNDM)$</a>&nbsp;好伤心，希望快点转绿","listText":"<a href=\"https://laohu8.com/S/NNDM\">$Nano Dimension(NNDM)$</a>&nbsp;好伤心，希望快点转绿","text":"$Nano Dimension(NNDM)$ 好伤心，希望快点转绿","images":[{"img":"https://static.tigerbbs.com/762711e98d9fa2fb6cea4c730349d3d4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361017585","isVote":1,"tweetType":1,"viewCount":2790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":387167809,"gmtCreate":1613728783701,"gmtModify":1634552477202,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"起飞了","listText":"起飞了","text":"起飞了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/387167809","repostId":"1100960455","repostType":4,"repost":{"id":"1100960455","kind":"news","pubTimestamp":1613717993,"share":"https://www.laohu8.com/m/news/1100960455?lang=zh_CN&edition=full","pubTime":"2021-02-19 14:59","market":"us","language":"en","title":"Palantir: Buy The Dip<blockquote>Palantir：逢低买入</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100960455","media":"Seeking Alpha","summary":"Summary\n\nPalantir posted solid revenue, but missed on earnings. The future forecast was a bit disapp","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Palantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.</li>  <li>Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.</li>  <li>Palantir continues to grow its client base across multiple industries.</li>  <li>Palantir's lock-up period ends on February 19th. Place your bets!</li> </ul> One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.</p><p><blockquote><ul><li>Palantir公布了稳健的收入，但未能实现盈利。未来的预测有点令人失望。</li><li>Palantir预计2020年收入将同比增长30%，此前预计2020年收入将增长47%。</li><li>Palantir继续扩大其在多个行业的客户群。</li><li>Palantir的锁定期于2月19日结束。下注吧！</li></ul>最近最热门的股票之一是最近直接上市的Palantir Technologies Inc.(PLTR)。一些投资者预计该公司今天将发布井喷式收益，但未能如愿。该公司确实实现了令人难以置信的收入增长，而且前进的道路看起来也很光明。然而，投资者对该公司表示的光明前景感到失望。正如预期的那样，在禁售期结束之前，该股正在下跌。下周将讲述一个更好的故事，说明这只股票的走向。如果你觉得有风险，就跳上船。</blockquote></p><p> <b>Who Are They?</b></p><p><blockquote><b>他们是谁？</b></blockquote></p><p> If you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.</p><p><blockquote>如果你和我一样，你可能不知道这家公司是谁，也不知道他们做什么。Palantir Technologies Inc.成立于2003年，总部位于科罗拉多州丹佛市。简而言之，他们为美国情报界构建和部署软件平台，以协助反恐调查和行动。</blockquote></p><p> Palantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.</p><p><blockquote>Palantir Gothamis是一个软件程序，可以识别隐藏在数据集中深处的模式。这有助于对平台内已识别的威胁执行真实世界的响应。这被用于帮助2018年佛罗伦萨飓风中有需要的人。Palantir Gotham将公开可用的洪水数据与天气信息和社会脆弱性普查数据相结合，以找到最需要的社区并适当部署资源。最近，他们向美国政府提供冠状病毒跟踪软件。</blockquote></p><p> The company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.</p><p><blockquote>该公司还提供Palantir Foundry，这是一个通过为组织的数据创建中央操作系统来改变组织运营方式的平台；并允许个人用户在一个地方集成和分析他们需要的数据。</blockquote></p><p> Pretty cool hey?</p><p><blockquote>很酷嘿？</blockquote></p><p> <b>What Is Driving The Company?</b></p><p><blockquote><b>公司的驱动力是什么？</b></blockquote></p><p> Revenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.</p><p><blockquote>收入。这是一部成长剧，简单明了。往下看，我们可以看到未来的预测。缺失的区块是2020年，我们今天发现是11亿美元。同比增长约47%。展望未来，分析师预计年收入增长率将保持在35%以上。通常我们认为20%是强的，所以这看起来真的很好。第四季度，该公司营收为3.221亿美元，增长20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2926257ca97794e55159ce8c6021a745\" tg-width=\"2978\" tg-height=\"992\"></p><p><blockquote></blockquote></p><p> (Source: TIKR.com)</p><p><blockquote>（来源：TIKR.com）</blockquote></p><p> The shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.</p><p><blockquote>令人震惊的是每股亏损总计0.08美元，而市场普遍预期为0.02美元。受财报消息影响，该股今天下跌超过12%。深入研究后，大多数投资者似乎对前瞻性预测感到失望。我个人认为他们有点沙袋，以消除共识，但时间会证明这有多真实。根据该公司发布的所有新闻，约翰·罗兹(John Rhodes)的文章对此进行了很好的概述：Palantir：潜在的第四季度收入井喷大多数人预计收入会超出预期，但该股上周的表现却并非如此。</blockquote></p><p> Data has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.</p><p><blockquote>数据变得比以往任何时候都更加与普通人相关。当地新闻有各种各样关于新冠肺炎的数据。2020年，Palantir帮助100家商业组织和10个国家政府应对COVID-19。这对Palantir来说是一个巨大的机会，他们并没有浪费它。这一回应帮助thema赢得了价值3150万美元的为期两年的英国卫生服务工作合同。仅在第四季度，该公司就签署了21笔价值超过500万美元的交易。其中12个价值1000万美元或以上。收入增长将继续是Palantir的未来。</blockquote></p><p> Some of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.</p><p><blockquote>一些最好的业务是政府业务。今年，Palantir 56%的收入（即6.1亿美元）来自政府合同。虽然商业方面的同比增长高达107%，但政府收入增长77%并不是什么可笑的事情。更令人印象深刻的一件事是我们在普通客户身上看到的情况。收入同比增长41%。每位客户从560万美元增至790万美元。随着客户继续开发和改进其系统，将越来越多的业务移交给Palantir，这是一个需要关注的重要指标。另一个因素是Palantir吸引了更大的客户。2020年获得的新客户创造了4200万美元的收入。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9284f5fd3e26d0c55fcd9b2f6355371e\" tg-width=\"1752\" tg-height=\"983\"></p><p><blockquote></blockquote></p><p></p><p> (Company Presentation)</p><p><blockquote>（公司介绍）</blockquote></p><p> So all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.</p><p><blockquote>所以所有这些，我们今天仍然坐在12%？正如我上面提到的，人们对前瞻性预测感到有点震惊。Palantir表示，预计2021年收入增长将超过30%。对于大多数公司来说，这将是一个好消息，但在您刚刚公布了47%的增长年度之后，这有点令人难过。但正如我所说，我认为他们有点沙袋。分析师仍预计2021年将增长约35%。直觉告诉我，随着时间的推移，他们会超越这一目标。该公司确实表示，他们的目标是到2025年实现40亿美元的收入，从现在开始每年增长30%。根据目前的预测，我完全预计这个数字将接近50亿美元。Palantir正在追逐多个行业的“大鱼”。他们的客户中有8家属于财富100强，12家属于全球100强。随着他们产品的不断开发和改进，他们的底线只会越来越好。我认为从长远来看，这里有很大的发展空间。</blockquote></p><p> <b>What Are The Risks?</b></p><p><blockquote><b>有哪些风险？</b></blockquote></p><p> One of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.</p><p><blockquote>即将到来的风险之一是禁售期结束，我将在下面谈到这一点。除此之外，我会看看政府的合同。是的，它们是最重要的，但这并不是说它们没有风险。Palantir过去曾表示，他们需要更多地关注商业客户，以帮助盈利并扭亏为盈（这是盈利抛售的部分原因）。正如我们所看到的，他们已经获得了一些大型商业客户，但政府方面仍然存在。</blockquote></p><p> Something to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.</p><p><blockquote>还要记住的是，与政府打交道可能会导致跨越一些人不同意的界限。据《华盛顿邮报》报道，2018年，200多名员工签署了一封致首席执行官亚历克斯·卡普的信，理由是对与移民和海关执法局合作的担忧。过去，其他多家大型科技公司因潜在侵犯人权而被迫切断与政府机构的联系。</blockquote></p><p> That said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.</p><p><blockquote>也就是说，我确实认为该公司将继续在商业领域表现出色，并随着时间的推移减少整体政府风险。</blockquote></p><p> <b>What's The \"Lock-Up Period\"?</b></p><p><blockquote><b>什么是“禁售期”？</b></blockquote></p><p> The one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.</p><p><blockquote>许多人对Palantir的一个担忧是锁定期，锁定期将于2月19日（星期五）结束。通常情况下，这是我们会看到走这条路线的IPO出现低点的地方，但情况并非总是如此。</blockquote></p><p>   Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.  What is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.</p><p><blockquote>从10月前两周锁定期到期的15只股票来看，大多数股票在到期日前几天开始下跌，三到五天后反弹。然而，一些人当天几乎没有抛售压力，锁定结束后股价立即攀升。这是什么？简而言之，我们不是通过首次公开募股（IPO）来创建公司的新股并由中介机构承销，而是直接上市。这是企业直接向公众出售股票的方式，无需任何中介机构的帮助。不涉及任何承销商或其他中介机构，不存在发行新股。这意味着该业务的最大股东只能在IPO禁售期到期后自由出售其股份。Spotify(SPOT)和Slack(WORK)是直接上市公司的两个例子。也就是说，这两家公司都没有员工锁定期。</blockquote></p><p> So what does this mean? Well, given thatMarketWatch said:</p><p><blockquote>那么这意味着什么呢？好吧，鉴于MarketWatch表示：</blockquote></p><p>   For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.  It means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.</p><p><blockquote>不过，对于Palantir来说，多年的风险资本投资已经创造了足够的股票来启动公开交易：大约16.4亿股，尽管在包括归属期权在内的完全稀释公式中，这一数字将增长至21.7亿股。这意味着，目前流通股约为4.97亿股，我们可能会看到约17亿股上市。现在这种可能性不大，但这确实意味着，考虑到IPO通常占已发行股票的10%，而根据上面提供的数字，Palantir发行的股票超过20%，该股的抛售压力应该低于平均水平。</blockquote></p><p> Where are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.</p><p><blockquote>我们现在在哪里？根据前面引用的研究，我们正走在正轨上。就在禁售期结束之前，该股正在有序抛售。现在我们必须拭目以待，看看反弹的情况如何。还是每个人都卖得很高，然后试图买得更低？这有点观望。让我们来看看技术向我们展示了什么。</blockquote></p><p> <b>What Does The Price Say?</b></p><p><blockquote><b>价格怎么说？</b></blockquote></p><p></p><p> Taking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.</p><p><blockquote>快速浏览一下技术面，我们可以看到几个非常强大的支撑位。首先，我们今天突破了30美元的一个相当大的水平，而且是以一种很大的方式突破的，这在短期内有点令人担忧，但有可能快速反弹以迅速重新测试30美元大关。如果说这些市场教会了我们什么，那就是它们可以快速行动！在正常情况下，这可能是我的停留点。但是直到今天我才有了头寸，随着我承担更多的风险，游戏发生了一些变化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6b568bf73db2c1b38aaa1546a10427dc\" tg-width=\"3837\" tg-height=\"1813\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.</p><p><blockquote>当像Palantir这样受欢迎的股票像我们今天看到的那样下跌时，会发生两件事之一。要么逢低买入，这只股票将飞回40美元，要么我们看到Palantir跌至23美元左右。因为股票太新了，我们确实没有一个好的支撑指标。看下面，我们可以大致看到我从哪里提取了23美元。这是一个相当大的举措。大约会下降20%。如果突破23美元，它可能会进一步下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3e3505c465c407b7387cbedf16a1b233\" tg-width=\"3840\" tg-height=\"1808\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.</p><p><blockquote>当试图抓住反弹时，你必须做好平均下跌的准备。这是一种完全不同的方法。横向扩展和横向扩展....同时知道什么时候该放松。如果你想安全起见，留意反弹，然后试着进去。我确实认为该股会出现不错的反弹，回到36-40美元，但问题是什么时候。这对我个人来说不是长期持有的。</blockquote></p><p> <b>Wrap-Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> As you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!</p><p><blockquote>正如您所看到的，公司的发展方向有很多值得喜欢的地方。估值总是可以争论的，但归根结底，价值就是有人愿意为此付出的任何代价。Palantir是一台收入机器，而且不会放缓。他们在玩“大鱼”，只要他们能继续实现目标，收入就会随之而来。我目前做多，但密切关注本周禁售期结束。如果你打算做多，确保在接下来的几天里扩大规模，并为下周的走势下注。在外面注意安全！</blockquote></p><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: Buy The Dip<blockquote>Palantir：逢低买入</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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: Buy The Dip<blockquote>Palantir：逢低买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-02-19 14:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Palantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.</li>  <li>Palantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.</li>  <li>Palantir continues to grow its client base across multiple industries.</li>  <li>Palantir's lock-up period ends on February 19th. Place your bets!</li> </ul> One of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.</p><p><blockquote><ul><li>Palantir公布了稳健的收入，但未能实现盈利。未来的预测有点令人失望。</li><li>Palantir预计2020年收入将同比增长30%，此前预计2020年收入将增长47%。</li><li>Palantir继续扩大其在多个行业的客户群。</li><li>Palantir的锁定期于2月19日结束。下注吧！</li></ul>最近最热门的股票之一是最近直接上市的Palantir Technologies Inc.(PLTR)。一些投资者预计该公司今天将发布井喷式收益，但未能如愿。该公司确实实现了令人难以置信的收入增长，而且前进的道路看起来也很光明。然而，投资者对该公司表示的光明前景感到失望。正如预期的那样，在禁售期结束之前，该股正在下跌。下周将讲述一个更好的故事，说明这只股票的走向。如果你觉得有风险，就跳上船。</blockquote></p><p> <b>Who Are They?</b></p><p><blockquote><b>他们是谁？</b></blockquote></p><p> If you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.</p><p><blockquote>如果你和我一样，你可能不知道这家公司是谁，也不知道他们做什么。Palantir Technologies Inc.成立于2003年，总部位于科罗拉多州丹佛市。简而言之，他们为美国情报界构建和部署软件平台，以协助反恐调查和行动。</blockquote></p><p> Palantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.</p><p><blockquote>Palantir Gothamis是一个软件程序，可以识别隐藏在数据集中深处的模式。这有助于对平台内已识别的威胁执行真实世界的响应。这被用于帮助2018年佛罗伦萨飓风中有需要的人。Palantir Gotham将公开可用的洪水数据与天气信息和社会脆弱性普查数据相结合，以找到最需要的社区并适当部署资源。最近，他们向美国政府提供冠状病毒跟踪软件。</blockquote></p><p> The company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.</p><p><blockquote>该公司还提供Palantir Foundry，这是一个通过为组织的数据创建中央操作系统来改变组织运营方式的平台；并允许个人用户在一个地方集成和分析他们需要的数据。</blockquote></p><p> Pretty cool hey?</p><p><blockquote>很酷嘿？</blockquote></p><p> <b>What Is Driving The Company?</b></p><p><blockquote><b>公司的驱动力是什么？</b></blockquote></p><p> Revenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.</p><p><blockquote>收入。这是一部成长剧，简单明了。往下看，我们可以看到未来的预测。缺失的区块是2020年，我们今天发现是11亿美元。同比增长约47%。展望未来，分析师预计年收入增长率将保持在35%以上。通常我们认为20%是强的，所以这看起来真的很好。第四季度，该公司营收为3.221亿美元，增长20%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2926257ca97794e55159ce8c6021a745\" tg-width=\"2978\" tg-height=\"992\"></p><p><blockquote></blockquote></p><p> (Source: TIKR.com)</p><p><blockquote>（来源：TIKR.com）</blockquote></p><p> The shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.</p><p><blockquote>令人震惊的是每股亏损总计0.08美元，而市场普遍预期为0.02美元。受财报消息影响，该股今天下跌超过12%。深入研究后，大多数投资者似乎对前瞻性预测感到失望。我个人认为他们有点沙袋，以消除共识，但时间会证明这有多真实。根据该公司发布的所有新闻，约翰·罗兹(John Rhodes)的文章对此进行了很好的概述：Palantir：潜在的第四季度收入井喷大多数人预计收入会超出预期，但该股上周的表现却并非如此。</blockquote></p><p> Data has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.</p><p><blockquote>数据变得比以往任何时候都更加与普通人相关。当地新闻有各种各样关于新冠肺炎的数据。2020年，Palantir帮助100家商业组织和10个国家政府应对COVID-19。这对Palantir来说是一个巨大的机会，他们并没有浪费它。这一回应帮助thema赢得了价值3150万美元的为期两年的英国卫生服务工作合同。仅在第四季度，该公司就签署了21笔价值超过500万美元的交易。其中12个价值1000万美元或以上。收入增长将继续是Palantir的未来。</blockquote></p><p> Some of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.</p><p><blockquote>一些最好的业务是政府业务。今年，Palantir 56%的收入（即6.1亿美元）来自政府合同。虽然商业方面的同比增长高达107%，但政府收入增长77%并不是什么可笑的事情。更令人印象深刻的一件事是我们在普通客户身上看到的情况。收入同比增长41%。每位客户从560万美元增至790万美元。随着客户继续开发和改进其系统，将越来越多的业务移交给Palantir，这是一个需要关注的重要指标。另一个因素是Palantir吸引了更大的客户。2020年获得的新客户创造了4200万美元的收入。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9284f5fd3e26d0c55fcd9b2f6355371e\" tg-width=\"1752\" tg-height=\"983\"></p><p><blockquote></blockquote></p><p></p><p> (Company Presentation)</p><p><blockquote>（公司介绍）</blockquote></p><p> So all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.</p><p><blockquote>所以所有这些，我们今天仍然坐在12%？正如我上面提到的，人们对前瞻性预测感到有点震惊。Palantir表示，预计2021年收入增长将超过30%。对于大多数公司来说，这将是一个好消息，但在您刚刚公布了47%的增长年度之后，这有点令人难过。但正如我所说，我认为他们有点沙袋。分析师仍预计2021年将增长约35%。直觉告诉我，随着时间的推移，他们会超越这一目标。该公司确实表示，他们的目标是到2025年实现40亿美元的收入，从现在开始每年增长30%。根据目前的预测，我完全预计这个数字将接近50亿美元。Palantir正在追逐多个行业的“大鱼”。他们的客户中有8家属于财富100强，12家属于全球100强。随着他们产品的不断开发和改进，他们的底线只会越来越好。我认为从长远来看，这里有很大的发展空间。</blockquote></p><p> <b>What Are The Risks?</b></p><p><blockquote><b>有哪些风险？</b></blockquote></p><p> One of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.</p><p><blockquote>即将到来的风险之一是禁售期结束，我将在下面谈到这一点。除此之外，我会看看政府的合同。是的，它们是最重要的，但这并不是说它们没有风险。Palantir过去曾表示，他们需要更多地关注商业客户，以帮助盈利并扭亏为盈（这是盈利抛售的部分原因）。正如我们所看到的，他们已经获得了一些大型商业客户，但政府方面仍然存在。</blockquote></p><p> Something to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.</p><p><blockquote>还要记住的是，与政府打交道可能会导致跨越一些人不同意的界限。据《华盛顿邮报》报道，2018年，200多名员工签署了一封致首席执行官亚历克斯·卡普的信，理由是对与移民和海关执法局合作的担忧。过去，其他多家大型科技公司因潜在侵犯人权而被迫切断与政府机构的联系。</blockquote></p><p> That said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.</p><p><blockquote>也就是说，我确实认为该公司将继续在商业领域表现出色，并随着时间的推移减少整体政府风险。</blockquote></p><p> <b>What's The \"Lock-Up Period\"?</b></p><p><blockquote><b>什么是“禁售期”？</b></blockquote></p><p> The one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.</p><p><blockquote>许多人对Palantir的一个担忧是锁定期，锁定期将于2月19日（星期五）结束。通常情况下，这是我们会看到走这条路线的IPO出现低点的地方，但情况并非总是如此。</blockquote></p><p>   Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.  What is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.</p><p><blockquote>从10月前两周锁定期到期的15只股票来看，大多数股票在到期日前几天开始下跌，三到五天后反弹。然而，一些人当天几乎没有抛售压力，锁定结束后股价立即攀升。这是什么？简而言之，我们不是通过首次公开募股（IPO）来创建公司的新股并由中介机构承销，而是直接上市。这是企业直接向公众出售股票的方式，无需任何中介机构的帮助。不涉及任何承销商或其他中介机构，不存在发行新股。这意味着该业务的最大股东只能在IPO禁售期到期后自由出售其股份。Spotify(SPOT)和Slack(WORK)是直接上市公司的两个例子。也就是说，这两家公司都没有员工锁定期。</blockquote></p><p> So what does this mean? Well, given thatMarketWatch said:</p><p><blockquote>那么这意味着什么呢？好吧，鉴于MarketWatch表示：</blockquote></p><p>   For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.  It means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.</p><p><blockquote>不过，对于Palantir来说，多年的风险资本投资已经创造了足够的股票来启动公开交易：大约16.4亿股，尽管在包括归属期权在内的完全稀释公式中，这一数字将增长至21.7亿股。这意味着，目前流通股约为4.97亿股，我们可能会看到约17亿股上市。现在这种可能性不大，但这确实意味着，考虑到IPO通常占已发行股票的10%，而根据上面提供的数字，Palantir发行的股票超过20%，该股的抛售压力应该低于平均水平。</blockquote></p><p> Where are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.</p><p><blockquote>我们现在在哪里？根据前面引用的研究，我们正走在正轨上。就在禁售期结束之前，该股正在有序抛售。现在我们必须拭目以待，看看反弹的情况如何。还是每个人都卖得很高，然后试图买得更低？这有点观望。让我们来看看技术向我们展示了什么。</blockquote></p><p> <b>What Does The Price Say?</b></p><p><blockquote><b>价格怎么说？</b></blockquote></p><p></p><p> Taking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.</p><p><blockquote>快速浏览一下技术面，我们可以看到几个非常强大的支撑位。首先，我们今天突破了30美元的一个相当大的水平，而且是以一种很大的方式突破的，这在短期内有点令人担忧，但有可能快速反弹以迅速重新测试30美元大关。如果说这些市场教会了我们什么，那就是它们可以快速行动！在正常情况下，这可能是我的停留点。但是直到今天我才有了头寸，随着我承担更多的风险，游戏发生了一些变化。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6b568bf73db2c1b38aaa1546a10427dc\" tg-width=\"3837\" tg-height=\"1813\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.</p><p><blockquote>当像Palantir这样受欢迎的股票像我们今天看到的那样下跌时，会发生两件事之一。要么逢低买入，这只股票将飞回40美元，要么我们看到Palantir跌至23美元左右。因为股票太新了，我们确实没有一个好的支撑指标。看下面，我们可以大致看到我从哪里提取了23美元。这是一个相当大的举措。大约会下降20%。如果突破23美元，它可能会进一步下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3e3505c465c407b7387cbedf16a1b233\" tg-width=\"3840\" tg-height=\"1808\"></p><p><blockquote></blockquote></p><p> (Source: TC2000.com)</p><p><blockquote>（来源：TC2000.com）</blockquote></p><p> When trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.</p><p><blockquote>当试图抓住反弹时，你必须做好平均下跌的准备。这是一种完全不同的方法。横向扩展和横向扩展....同时知道什么时候该放松。如果你想安全起见，留意反弹，然后试着进去。我确实认为该股会出现不错的反弹，回到36-40美元，但问题是什么时候。这对我个人来说不是长期持有的。</blockquote></p><p> <b>Wrap-Up</b></p><p><blockquote><b>总结</b></blockquote></p><p> As you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!</p><p><blockquote>正如您所看到的，公司的发展方向有很多值得喜欢的地方。估值总是可以争论的，但归根结底，价值就是有人愿意为此付出的任何代价。Palantir是一台收入机器，而且不会放缓。他们在玩“大鱼”，只要他们能继续实现目标，收入就会随之而来。我目前做多，但密切关注本周禁售期结束。如果你打算做多，确保在接下来的几天里扩大规模，并为下周的走势下注。在外面注意安全！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4406809-palantir-buy-the-dip\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4406809-palantir-buy-the-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100960455","content_text":"Summary\n\nPalantir posted solid revenue, but missed on earnings. The future forecast was a bit disappointing.\nPalantir is expecting 30% year-over-year revenue growth after posting 47% growth for 2020.\nPalantir continues to grow its client base across multiple industries.\nPalantir's lock-up period ends on February 19th. Place your bets!\n\nOne of the hotter stocks as of late is recent Direct Listing, Palantir Technologies Inc. (PLTR). Some investors were expecting the company was expected to release blowout earnings today and fell short of that. The company did post incredible revenue growth, and the path forward looks bright as well. However, investors were disappointed with just how bright that picture is according to the company. The stock is falling leading up to the end of the lock-up period as expected. Next week will tell a better story as to where this stock is headed. If you are feeling risky, jump aboard.\nWho Are They?\nIf you are like me, you likely had no idea who this company was or what they did. Well, Palantir Technologies Inc. has been around since 2003 and is headquartered in Denver, Colorado. In short,they build and deploy software platforms for the intelligence community in the USA to assist in counterterrorism investigations and operations.\nPalantir Gothamis a software program that identifies patterns hidden deep within datasets. This helps execute real-world responses to threats that have been identified within the platform. This was used in the efforts to help those in need in hurricane Florence in 2018. Palantir Gothamcombined publicly available flood data with weather information and social vulnerability census data to find the communities in greatest needand resources were deployed appropriately. More recently, they are providing the U.S. government with coronavirus tracking software.\nThe company also provides Palantir Foundry,a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.\nPretty cool hey?\nWhat Is Driving The Company?\nRevenue. This is a growth play, plain and simple. Looking below we can see what is forecasted down the pipe. The missing block is 2020, which we found out todaywas $1.1 billion. That is a ~47% increase year-over-year. Going forward, analysts are projecting the pace stays heavy at 35%+ per year revenue growth. Often we consider 20% being strong, so that makes this look really good. For the fourth quarter, the company posted $322.1 million in revenue for the quarter, which was a beat by 20%.\n\n(Source: TIKR.com)\nThe shock came from theloss per share which totaled $0.08 versus the positive $0.02 consensus. The stock fell over 12% today on the earnings news. Upon diving deeper, it would appear most investors were disappointed with the forward forecasts. I personally think they are sandbagging a bit to blow away consensus down the line, but time will tell how true that is. Based on everything the company had put out in terms of news, which is nicely outlined inJohn Rhodes article : Palantir: Potential Q4 Revenue Blowoutmost people expected the revenue beat, but the action in the stock over the last week showed otherwise.\nData has become more relevant to the average person than ever before. The local news has all kinds of data on it when it comes to COVID-19.In 2020, Palantir helped 100 commercial organizations and 10 national governments respond to COVID-19. This has been a large opportunity for Palantir, and they have not squandered it. This response has helped earn thema 2-year contract for U.K. health services work worth $31.5 million. In the fourth quarter alone, the company signed21 deals worth more than $5 million. 12 of which were worth $10 million or more. Revenue growth will continue to be the future of Palantir.\nSome of the best business going is government business. For the year, Palantir saw56% of their revenue or $610 million come from government contracts. While the commercial side saw higher year-over-year growth at 107%, a 77% increase in government-based revenue isn't anything to laugh at. One of the more impressive pieces was that we saw happen with the average customer.Revenue increased by 41% year-over-year. Up to $7.9 million per customer from $5.6 million. This is an important metric to keep an eye on as customers hand more and more business over to Palantir as they continue to develop and improve their systems. The other factor playing into this is Palantir pulling larger customers into the fold. The new customers acquired in 2020, generated $42 million in revenue.\n\n(Company Presentation)\nSo all of this and we still sit down 12% today? As I mentioned above, it was the forward forecasts that people were a bit shocked at. Palantir said toexpect revenue growth in excess of 30% for 2021. This would be fantastic news for most companies, but after you just posted a 47% growth year, it is a bit saddening. But as I said, I think they are sandbagging a bit. Analysts are still projecting about a 35% increase for 2021. Something tells me they will outdo that as the year goes on. The company did state that they are targeting $4 billion in revenue by 2025, which carrying 30% per year growth from here will get you. I fully expect that number to creep closer to $5 billion based on current projections. Palantir is going after the \"big fish\" across multiple industries.8 of their customers fall into the Fortune 100, and 12 of the Global 100. As their products continue to develop and improve, their bottom line is only going to get better. I think there is a lot of room to run here in the long term.\nWhat Are The Risks?\nOne of the up-and-coming risks is the lock-up period ending, which I will touch on below. Besides that, I will look at the government contracts. Yes, they are some of the most important, but that's not to say they come without risk. In the past, Palantir has said they need to focus more so on commercial customers to help the bottom line and to turn a profit (part of the reason for the earnings sell-off). As we can see, they have landed some big-time commercial clients, but that government aspect still exists.\nSomething to keep in mind as well is that dealing with the government can lead to crossing some lines that some are not okay with. As reported by the Washington Post,in 2018, more than 200 employees signed a letter to CEO Alex Karp, citing concerns over a partnership with Immigration and Customs Enforcement. Multiple other big tech companies have been forced to cut ties with government agencies in the past over potential human rights violations.\nThat said, I do really think the company will continue to do very well in the commercial sector and well reduce the overall government exposure overtime.\nWhat's The \"Lock-Up Period\"?\nThe one concern many have had with Palantir is the lock-up period, which ends on February 19th (Friday). Typically, this is where we will see the lows kick in on IPO's that go this route, but it is not always the case.\n\n Looking at 15 stocks that sawtheir lock-up periods expire in the first two weeks of October, the majority of shares started to fall in the days before the expiration date, prior to bouncing back three to five days afterwards. However, some saw virtually no selling pressure on the day and the share price immediately climbed once the lock-up had ended.\n\nWhat is it? Well in short, instead of an IPO where new shares of the company are created and are underwritten by an intermediary, we have a Direct Listing. This is wherethe business sells shares directly to the public without the help of any intermediaries. It does not involve any underwriters or other intermediaries, there are no new shares issued. This means the largest shareholders in the business can only freely sell their shares after the IPO lock-up expiration. Spotify (SPOT) and Slack (WORK) are two examples of companies that went the Direct Listing route. That said, neither of these companies had lock-up periods for employees.\nSo what does this mean? Well, given thatMarketWatch said:\n\n For Palantir, though, years of venture-capital investments have created more than enough shares to launch public trading: roughly 1.64 billion, though that grows to 2.17 billion in a fully diluted formula that includes vesting options.\n\nIt means that with roughly 497 million current outstanding shares, that we could see about 1.7 billion shares hit the market. Now that is not really likely, but what it does mean is that there should be less than average selling pressure on the stock considering the usually IPO accounts for 10% of shares released, while Palantir released over 20% based on the numbers provided above.\nWhere are we now? Well as per the study quoted earlier, we are right on track. The stock is selling off in an orderly fashion right before the lock-up period ends. Now we have to wait and see what the rebound looks like. Or does everyone sell high and try and buy even lower? It is a bit of a wait-and-see. Let's take a look at what the technicals show us.\nWhat Does The Price Say?\nTaking a quick peek at the technicals, we can see a couple of really strong support levels. Firstly, we broke through a pretty big one at $30 today and did so in a big way, which is a bit concerning in the short term, but there is potential for a quick bounce to re-test that $30 mark quickly. If these markets have taught us anything, it's that they can move quickly! In a normal case, this is probably where my stop would be. But have not had a position until today, the game changes a bit as I take on more risk.\n\n(Source: TC2000.com)\nWhen a stock as popular as Palantir tanks like we saw today, one of two things happens. Either the dip gets bought up and this stock will fly back up to $40, or we see Palantir drop down to ~$23. Because the stock is so new, we really do not have a good gauge for support. Looking below we can see roughly where I am pulling $23 out of. This is a pretty substantial move from here yet. Would be about 20% to the downside. If $23 breaks, it could go even further south.\n\n(Source: TC2000.com)\nWhen trying to catch the bounce, you have to be prepared to average down. It is a totally different approach. Scale in, and scale-out.... all while knowing when to cut it loose. If you want to play this safe, watch for the bounce and try and get in then. I do think there will be a decent bounce that takes the stock back to $36-$40, but the question is when. This is not a long-term hold for me personally.\nWrap-Up\nAs you can see, there is a lot to like about the direction in which the company is headed. The valuation can always be debated, but at the end of the day, the value is whatever someone is willing to pay for it. Palantir is a revenue machine and it is not going to slow down. They are playing with the \"big fish\" and the revenue will follow as long as they can continue to deliver on their goals. I am currently long, but watching closely as the lock-up period ends this week. If you are going long, make sure to scale in over the next couple of days and place your bets for which way this goes next week. Stay safe out there!","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":1283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384874963,"gmtCreate":1613642982652,"gmtModify":1634552823363,"author":{"id":"3564179469410587","authorId":"3564179469410587","name":"bryanchow","avatar":"https://static.tigerbbs.com/7ae4abe5b60baa669f3ee24364b93183","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564179469410587","idStr":"3564179469410587"},"themes":[],"htmlText":"[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","listText":"[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","text":"[看涨] [看涨] [看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384874963","repostId":"2112858178","repostType":2,"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}