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娜神宝宝
2021-12-02
Agreed
抱歉,原内容已删除
娜神宝宝
2021-06-22
$Ford(F)$
come on, we are getting there!
娜神宝宝
2021-06-22
On my watch list
娜神宝宝
2021-06-21
$Ford(F)$
I have faith in you
娜神宝宝
2021-06-21
Watch list
娜神宝宝
2021-06-19
Always unsure about when to enter
娜神宝宝
2021-06-19
$Ford(F)$
😑😑😑
娜神宝宝
2021-06-19
Tsm 我看好
娜神宝宝
2021-06-19
Comment
Adobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</blockquote>
娜神宝宝
2021-06-11
Hmm I'm doubtful
Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</blockquote>
娜神宝宝
2021-06-11
Yes
抱歉,原内容已删除
娜神宝宝
2021-06-10
Drop further pls
娜神宝宝
2021-06-10
$Canaan Inc.(CAN)$
when will this rise again
娜神宝宝
2021-06-08
To buy?
娜神宝宝
2021-06-08
Food for thought
Global investors are losing interest in U.S. stocks and that will be a game changer<blockquote>全球投资者对美股失去兴趣,这将改变游戏规则</blockquote>
娜神宝宝
2021-06-08
Oh my...
娜神宝宝
2021-06-08
Lol...
6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</blockquote>
娜神宝宝
2021-06-07
Yeahhh
抱歉,原内容已删除
娜神宝宝
2021-06-07
Hmmmm
"We Took Out The June 2007 Highs": Morgan Stanley's Sell Signal Just Hit An All Time High<blockquote>“我们打破了2007年6月的高点”:摩根士丹利的卖出信号刚刚创下历史新高</blockquote>
娜神宝宝
2021-06-07
Rise please
去老虎APP查看更多动态
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","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/162347895","repostId":"2144774740","repostType":4,"repost":{"id":"2144774740","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1624030096,"share":"https://www.laohu8.com/m/news/2144774740?lang=zh_CN&edition=full","pubTime":"2021-06-18 23:28","market":"us","language":"en","title":"Adobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2144774740","media":"Investors","summary":"Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.","content":"<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p><p><blockquote>软件巨头<b><a href=\"https://laohu8.com/S/ADBE\">土坯</a></b>一位高管表示,随着Covid-19大流行消退,经济重新开放,该公司正在受益。该公司的季度报告证明了这一点。ADBE股价周五上涨。</blockquote></p><p> The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p><p><blockquote>这家数字媒体和营销软件制造商周四晚些时候公布的第二财季收益轻松超出预期。Adobe还指导了本季度的上述观点。</blockquote></p><p> The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p><p><blockquote>这家总部位于加利福尼亚州圣何塞的公司在截至6月4日的季度销售额为38.4亿美元,调整后每股收益为3.03美元。与去年同期相比,Adobe盈利增长24%,销售额增长23%。</blockquote></p><p> For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p><p><blockquote>Adobe预计本季度调整后每股收益为3美元,增长17%,销售额为38.8亿美元,增长20%。</blockquote></p><p> <h2>ADBE Stock Rises After Earnings Report</h2> In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p><p><blockquote><h2>ADBE股价在收益报告后上涨</h2>今天股市早盘交易中,ADBE股价上涨2.2%,接近563.35点。盘中早些时候,ADBE股价创下570点的历史新高。</blockquote></p><p> \"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p><p><blockquote>“我们的三项业务——创意云、文档云和<a href=\"https://laohu8.com/S/EXP.AU\">经验</a>云——本季度刚刚以出色的表现击败了它,”首席财务官约翰·墨菲(John Murphy)告诉《投资者商业日报》。“以个性化方式进行内容创作和客户体验参与正在我们所有业务中引起共鸣。它确实推动了业务的发展势头和加速。”</blockquote></p><p> That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p><p><blockquote>墨菲表示,这种势头将在该公司季节性疲软的第三财季持续下去。本季度包括夏季的六月、七月和八月。</blockquote></p><p> \"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p><p><blockquote>墨菲表示:“宏观经济稳定给了很多企业再次投资的信心。”“企业正在优先考虑数字化转型。”</blockquote></p><p> The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p><p><blockquote>他表示,疫情过后经济的重新开放和重返办公室应该会为Adobe的业务提供推动力。</blockquote></p><p> <h2>Analysts Raise Price Targets On Adobe Stock</h2> At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p><p><blockquote><h2>分析师提高Adobe股票的目标价</h2>财报发布后,至少15名华尔街分析师上调了ADBE股票的目标价。</blockquote></p><p> Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p><p><blockquote>瑞穗证券分析师Gregg Moskowitz重申了对ADBE股票的买入评级,并将目标价从600点上调至640点。</blockquote></p><p> \"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p><p><blockquote>莫斯科维茨在给客户的一份报告中表示:“Adobe广泛的软件解决方案组合使其成为内容创建、消费和协作的黄金标准。”“Adobe凭借其全面的端到端产品使其与竞争对手区分开来,处于有利地位,可以从数字化转型中受益。”</blockquote></p><p> On June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.</p><p><blockquote>根据IBD MarketSmith图表,6月11日,ADBE股票突破了40周的盘整期,买入点为536.98。</blockquote></p><p> However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p><p><blockquote>然而,IBD排行榜分析为投资者提供了较大盘整格局中杯基的早期买入点525.54。</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>Adobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</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\">\nAdobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-06-18 23:28</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p><p><blockquote>软件巨头<b><a href=\"https://laohu8.com/S/ADBE\">土坯</a></b>一位高管表示,随着Covid-19大流行消退,经济重新开放,该公司正在受益。该公司的季度报告证明了这一点。ADBE股价周五上涨。</blockquote></p><p> The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p><p><blockquote>这家数字媒体和营销软件制造商周四晚些时候公布的第二财季收益轻松超出预期。Adobe还指导了本季度的上述观点。</blockquote></p><p> The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p><p><blockquote>这家总部位于加利福尼亚州圣何塞的公司在截至6月4日的季度销售额为38.4亿美元,调整后每股收益为3.03美元。与去年同期相比,Adobe盈利增长24%,销售额增长23%。</blockquote></p><p> For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p><p><blockquote>Adobe预计本季度调整后每股收益为3美元,增长17%,销售额为38.8亿美元,增长20%。</blockquote></p><p> <h2>ADBE Stock Rises After Earnings Report</h2> In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p><p><blockquote><h2>ADBE股价在收益报告后上涨</h2>今天股市早盘交易中,ADBE股价上涨2.2%,接近563.35点。盘中早些时候,ADBE股价创下570点的历史新高。</blockquote></p><p> \"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p><p><blockquote>“我们的三项业务——创意云、文档云和<a href=\"https://laohu8.com/S/EXP.AU\">经验</a>云——本季度刚刚以出色的表现击败了它,”首席财务官约翰·墨菲(John Murphy)告诉《投资者商业日报》。“以个性化方式进行内容创作和客户体验参与正在我们所有业务中引起共鸣。它确实推动了业务的发展势头和加速。”</blockquote></p><p> That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p><p><blockquote>墨菲表示,这种势头将在该公司季节性疲软的第三财季持续下去。本季度包括夏季的六月、七月和八月。</blockquote></p><p> \"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p><p><blockquote>墨菲表示:“宏观经济稳定给了很多企业再次投资的信心。”“企业正在优先考虑数字化转型。”</blockquote></p><p> The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p><p><blockquote>他表示,疫情过后经济的重新开放和重返办公室应该会为Adobe的业务提供推动力。</blockquote></p><p> <h2>Analysts Raise Price Targets On Adobe Stock</h2> At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p><p><blockquote><h2>分析师提高Adobe股票的目标价</h2>财报发布后,至少15名华尔街分析师上调了ADBE股票的目标价。</blockquote></p><p> Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p><p><blockquote>瑞穗证券分析师Gregg Moskowitz重申了对ADBE股票的买入评级,并将目标价从600点上调至640点。</blockquote></p><p> \"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p><p><blockquote>莫斯科维茨在给客户的一份报告中表示:“Adobe广泛的软件解决方案组合使其成为内容创建、消费和协作的黄金标准。”“Adobe凭借其全面的端到端产品使其与竞争对手区分开来,处于有利地位,可以从数字化转型中受益。”</blockquote></p><p> On June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.</p><p><blockquote>根据IBD MarketSmith图表,6月11日,ADBE股票突破了40周的盘整期,买入点为536.98。</blockquote></p><p> However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p><p><blockquote>然而,IBD排行榜分析为投资者提供了较大盘整格局中杯基的早期买入点525.54。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144774740","content_text":"Software giant Adobe is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.\nThe maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.\nThe San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.\nFor the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.\nADBE Stock Rises After Earnings Report\nIn morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.\n\"All three of our businesses — Creative Cloud, Document Cloud and Experience Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"\nThat momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.\n\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"\nThe reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.\nAnalysts Raise Price Targets On Adobe Stock\nAt least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.\nMizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.\n\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"\nOn June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.\nHowever, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":2314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181260787,"gmtCreate":1623396796349,"gmtModify":1631893012558,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Hmm I'm doubtful ","listText":"Hmm I'm doubtful ","text":"Hmm I'm doubtful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181260787","repostId":"1118350585","repostType":4,"repost":{"id":"1118350585","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623395610,"share":"https://www.laohu8.com/m/news/1118350585?lang=zh_CN&edition=full","pubTime":"2021-06-11 15:13","market":"us","language":"en","title":"Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118350585","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(N","content":"<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p><p><blockquote>凯西·伍德(Cathie Wood)领导的Ark Investment Management周四抢购了更多股票<b>比特币基地全球公司</b>(纳斯达克:COIN)周四下跌。</blockquote></p><p> Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p><p><blockquote>Ark Invest购买了60,813股Coinbase股票,估计价值约1,350万美元,当天该公司股价收盘下跌1.1%,至221.85美元。</blockquote></p><p> Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>伍德的公司部署了<b>方舟创新ETF</b>(纽约证券交易所代码:ARKK)购买加密货币交易所的股票。该投资公司还通过以下方式持有公司股份:<b>方舟下一代互联网ETF</b>(纽约证券交易所代码:ARKW)和<b>方舟金融科技创新ETF</b>(纽约证券交易所代码:ARKF)。</blockquote></p><p> Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p><p><blockquote>Ark的COIN股份目前价值超过10亿美元。相比之下,Ark Invest持有约486万股,价值约29亿美元,在<b>特斯拉公司</b>(纳斯达克:TSLA),其最大持股。</blockquote></p><p> The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p><p><blockquote>该投资公司还抢购了这家总部位于纽约的软件自动化公司的108万股股票,估计价值约8007万美元<b>UiPath公司</b>(纽约证券交易所代码:PATH)当天股价大幅走高。</blockquote></p><p> Shares of the company closed 7.7% higher at $74.03 on Thursday.</p><p><blockquote>该公司股价周四收盘上涨7.7%,至74.03美元。</blockquote></p><p> The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology & Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p><p><blockquote>该投资公司在所有六只主动ETF中持有该公司的股票,但仅部署了其中四只——<b>方舟基因组革命ETF</b>(蝙蝠:ARKG),<b>方舟自主技术与机器人</b>(蝙蝠:ARKQ)<b>,</b>ARKKand ARKW-周四购买股票。</blockquote></p><p> ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p><p><blockquote>ARKG周四购买了242,492股,ARKK购买了604,635股,ARKQ购买了87,472股,ARKW购买了147,038股。</blockquote></p><p> On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p><p><blockquote>截至周四,Ark在合并基础上持有UiPath 738万股股票,价值5.068亿美元。</blockquote></p><p> The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p><p><blockquote>这家总部位于罗马尼亚布加勒斯特的软件公司的产品被组织用来帮助有效地自动化他们的各种业务流程。</blockquote></p><p> Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p><p><blockquote>Ark Invest周四出售的其他一些关键产品包括<b>洲际交易所公司</b>(纽约证券交易所代码:ICE)和购买包括<b>纯存储公司</b>(纽约证券交易所代码:PSTG)。</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>Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</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\">\nCathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-11 15:13</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p><p><blockquote>凯西·伍德(Cathie Wood)领导的Ark Investment Management周四抢购了更多股票<b>比特币基地全球公司</b>(纳斯达克:COIN)周四下跌。</blockquote></p><p> Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p><p><blockquote>Ark Invest购买了60,813股Coinbase股票,估计价值约1,350万美元,当天该公司股价收盘下跌1.1%,至221.85美元。</blockquote></p><p> Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>伍德的公司部署了<b>方舟创新ETF</b>(纽约证券交易所代码:ARKK)购买加密货币交易所的股票。该投资公司还通过以下方式持有公司股份:<b>方舟下一代互联网ETF</b>(纽约证券交易所代码:ARKW)和<b>方舟金融科技创新ETF</b>(纽约证券交易所代码:ARKF)。</blockquote></p><p> Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p><p><blockquote>Ark的COIN股份目前价值超过10亿美元。相比之下,Ark Invest持有约486万股,价值约29亿美元,在<b>特斯拉公司</b>(纳斯达克:TSLA),其最大持股。</blockquote></p><p> The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p><p><blockquote>该投资公司还抢购了这家总部位于纽约的软件自动化公司的108万股股票,估计价值约8007万美元<b>UiPath公司</b>(纽约证券交易所代码:PATH)当天股价大幅走高。</blockquote></p><p> Shares of the company closed 7.7% higher at $74.03 on Thursday.</p><p><blockquote>该公司股价周四收盘上涨7.7%,至74.03美元。</blockquote></p><p> The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology & Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p><p><blockquote>该投资公司在所有六只主动ETF中持有该公司的股票,但仅部署了其中四只——<b>方舟基因组革命ETF</b>(蝙蝠:ARKG),<b>方舟自主技术与机器人</b>(蝙蝠:ARKQ)<b>,</b>ARKKand ARKW-周四购买股票。</blockquote></p><p> ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p><p><blockquote>ARKG周四购买了242,492股,ARKK购买了604,635股,ARKQ购买了87,472股,ARKW购买了147,038股。</blockquote></p><p> On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p><p><blockquote>截至周四,Ark在合并基础上持有UiPath 738万股股票,价值5.068亿美元。</blockquote></p><p> The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p><p><blockquote>这家总部位于罗马尼亚布加勒斯特的软件公司的产品被组织用来帮助有效地自动化他们的各种业务流程。</blockquote></p><p> Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p><p><blockquote>Ark Invest周四出售的其他一些关键产品包括<b>洲际交易所公司</b>(纽约证券交易所代码:ICE)和购买包括<b>纯存储公司</b>(纽约证券交易所代码:PSTG)。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118350585","content_text":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(NASDAQ:COIN) on the dip on Thursday.\nArk Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.\nWood’s firm deployed theArk Innovation ETF(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via theArk Next Generation Internet ETF(NYSE:ARKW) and theArk Fintech Innovation ETF(NYSE:ARKF).\nArk's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, inTesla Inc(NASDAQ:TSLA), its largest holding.\nThe investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation companyUiPath Inc(NYSE:PATH) on the day shares popped higher.\nShares of the company closed 7.7% higher at $74.03 on Thursday.\nThe investment firm holds the shares of the company in all six active ETFs but deployed only four of them — theArk Genomic Revolution ETF(BATS:ARKG), theArk Autonomous Technology & Robotics(BATS:ARKQ),ARKKand ARKW — to buy the shares on Thursday.\nARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.\nOn a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.\nThe products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.\nSome of the other key Ark Invest sells on Thursday includeIntercontinental Exchange Inc(NYSE:ICE) and buys includePure Storage Inc(NYSE:PSTG).","news_type":1,"symbols_score_info":{"PATH":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181260216,"gmtCreate":1623396780635,"gmtModify":1631893012573,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/181260216","repostId":"1182033958","repostType":4,"isVote":1,"tweetType":1,"viewCount":603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189460340,"gmtCreate":1623285531380,"gmtModify":1631893012585,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Drop further pls ","listText":"Drop further pls ","text":"Drop further pls","images":[{"img":"https://static.tigerbbs.com/d9a74ffe029eb719ecaccbc15445da7d","width":"1080","height":"2766"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189460340","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189484125,"gmtCreate":1623285490267,"gmtModify":1631893012599,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>when will this rise again ","listText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>when will this rise again ","text":"$Canaan Inc.(CAN)$when will this rise again","images":[{"img":"https://static.tigerbbs.com/a4d3f7ec15c6fac76f52f4ae5be20cf2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189484125","isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117665304,"gmtCreate":1623138989208,"gmtModify":1631893012613,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"To buy?","listText":"To buy?","text":"To buy?","images":[{"img":"https://static.tigerbbs.com/a9ec6c4d55cf117274dd771ad3a61a13","width":"1080","height":"2679"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117665304","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117662932,"gmtCreate":1623138920626,"gmtModify":1631893766847,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Food for thought ","listText":"Food for thought ","text":"Food for thought","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117662932","repostId":"1168188820","repostType":4,"repost":{"id":"1168188820","kind":"news","pubTimestamp":1623138527,"share":"https://www.laohu8.com/m/news/1168188820?lang=zh_CN&edition=full","pubTime":"2021-06-08 15:48","market":"us","language":"en","title":"Global investors are losing interest in U.S. stocks and that will be a game changer<blockquote>全球投资者对美股失去兴趣,这将改变游戏规则</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168188820","media":"MarketWatch","summary":"The surge of money flowing into the U.S. market from around the world is not sustainable.\n\nFor some ","content":"<p> <b>The surge of money flowing into the U.S. market from around the world is not sustainable.</b> For some months now, the U.S. has looked exceptional compared to the rest of the world. Better COVID-19 vaccine rollout. Bigger fiscal policy push. Bolder reopening. Economic and market indicators showed this too. Consumption spiked well-above pre-pandemic levels and U.S. yields moved higher in anticipation of normalization. Investors put a huge bet on U.S. equities, with foreign investors accumulating U.S. stocks at unprecedented speed in 2020 and into 2021.</p><p><blockquote><b>从世界各地流入美国市场的资金激增是不可持续的。</b>几个月来,与世界其他地区相比,美国看起来很特别。更好的新冠肺炎疫苗推广。更大的财政政策推动。更大胆的重新开放。经济和市场指标也显示了这一点。消费飙升,远高于大流行前的水平,美国国债收益率因预期正常化而走高。投资者对美国股市下了巨大的赌注,外国投资者在2020年和2021年以前所未有的速度积累了美国股票。</blockquote></p><p> But cracks are forming in the U.S. exceptionalism narrative, and the money flow is at risk of a dramatic reversal.</p><p><blockquote>但美国例外论叙事正在形成裂痕,资金流动面临急剧逆转的风险。</blockquote></p><p> It is well-known that the economic recovery in the U.S. has been swift, and the debate has even shifted from strong growth towards overheating risk. But what is perhaps less known is how incredibly large the amount of money betting on a strong U.S. economic recovery has been.</p><p><blockquote>众所周知,美国经济复苏迅速,争论甚至从强劲增长转向过热风险。但也许鲜为人知的是,押注于美国经济强劲复苏的资金数额有多大。</blockquote></p><p> <b>Exceptionalism in money flow</b></p><p><blockquote><b>货币流动中的例外论</b></blockquote></p><p> The chart below shows foreign net equity inflow into the U.S. since 2000 based on balance of payment data. For several quarters, the U.S. attracted historically large equity inflows, with net foreign inflows of more than $400 billion in 2020.</p><p><blockquote>下图根据国际收支数据显示了自2000年以来流入美国的外国净股权。几个季度以来,美国吸引了历史上大量的股票流入,2020年外国净流入超过4000亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/25f6abf41a80e588613658d84ac1eaa3\" tg-width=\"1260\" tg-height=\"718\">The next chart shows the balance of payments data broken down into inflows (liabilities) and outflows (assets). It highlights that the inflows were the driving force of the large net numbers and that they accelerated during 2020.</p><p><blockquote>下图显示了细分为流入(负债)和流出(资产)的国际收支数据。它强调,资金流入是大量净流入的驱动力,并且在2020年期间加速。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0463f3dc176b8202dfd4ad7e06e93111\" tg-width=\"1260\" tg-height=\"672\">The foreign inflows in the fourth quarter of 2020 alone were >$250bn (>$1 trillion annualized) and in the region 5% of GDP. Even during the 1999-2001 dotcom bubble, we did not see many quarters above 2% of GDP.</p><p><blockquote>仅2020年第四季度的外国流入量就超过2500亿美元(年化超过1万亿美元),占该地区GDP的5%。即使在1999-2001年的互联网泡沫期间,我们也没有看到多少季度超过GDP的2%。</blockquote></p><p> U.S. exceptionalism also is illustrated in this next chart, which shows U.S. “market share” in total global cross-border equity flows. The U.S. has indeed been exceptional, grabbing close to all of the world’s recent gross-flow (some flows to specific countries can be negative).</p><p><blockquote>下一张图表也说明了美国的例外论,该图表显示了美国在全球跨境股权流动总额中的“市场份额”。美国确实是个例外,几乎占据了世界近期所有的总流量(一些流向特定国家的流量可能是负的)。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d6992f35f36732c19fa646d842483e53\" tg-width=\"1259\" tg-height=\"827\"><b>Exceptionalism is now in question</b></p><p><blockquote><b>例外论现在受到质疑</b></blockquote></p><p> Enough about the past. Where do investors stand now, and where are we heading? Many pieces of evidence show that investors are questioning the exceptionalism narrative and changing the direction of money flow:</p><p><blockquote>过去的事说够了。投资者现在的立场是什么,我们将走向何方?许多证据表明,投资者正在质疑例外论叙事,并改变资金流动方向:</blockquote></p><p> First, the latest official monthly data (the March TIC data) shows that foreign appetite for U.S. stocks is potentially waning in an important way. The strong momentum from 2020 continued into January and February 2021. But there was a big reversal in March.</p><p><blockquote>首先,最新的官方月度数据(3月份TIC数据)显示,外国对美国股市的兴趣可能正在以一种重要的方式减弱。2020年的强劲势头持续到2021年1月和2月。但3月份出现了大逆转。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cc43d90772a6546441d2f422afbe8887\" tg-width=\"1260\" tg-height=\"573\">Second, in a way this is all logical, since the rest of the world is catching up with the U.S. on the vaccine front. The chart below shows that the EU began to vaccinate more people (per capita) than the U.S. in May. Recently China has also surpassed the U.S. (and the EU). This means that other countries are quickly catching up in terms of immunity and economic reopening will follow shortly thereafter.</p><p><blockquote>其次,在某种程度上,这一切都是合乎逻辑的,因为世界其他地区正在疫苗方面赶上美国。下图显示,欧盟在5月份开始接种疫苗的人数(人均)超过了美国。最近中国也超过了美国(和欧盟)。这意味着其他国家在免疫力方面正在迅速赶上,此后不久将重新开放经济。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf91e8b1846be8ba1f2c3df15589c716\" tg-width=\"1260\" tg-height=\"902\">Third, U.S. bond yields, which spiked in the first quarter of 2021, are no longer leading the global move higher in interest rates. The chart below shows how U.S.10-year TreasuryTMUBMUSD10Y,1.561%yield rose by 0.8 percentage points in the first quarter (gray bars), much more than European yields. But in the second quarter of 2021 (blue bars) the ranking is totally different. Yields in Europe are rising the most, while U.S. yields are declining.</p><p><blockquote>第三,2021年第一季度飙升的美国债券收益率不再引领全球利率走高。下图显示了美国10年期国债TMUBMUSD10Y, 1.561%收益率在第一季度上涨了0.8个百分点(灰色条),远高于欧洲收益率。但在2021年第二季度(蓝条),排名完全不同。欧洲的收益率上升幅度最大,而美国的收益率则在下降。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8c8cb07b7c832cf87fdf3ff2b1cd2176\" tg-width=\"1260\" tg-height=\"756\">Fourth, relative equity market performance is starting to flip. After a long period of structural U.S. equity market outperformance, U.S. leadership is in question. Relative to EurostoxxSXXE,0.15%(the index of the most liquid European stocks), the S&P 500SPX,-0.08%has underperformed since October 2020. This could well have further to run, given valuation differences — and especially if technology stocks are a drag on the U.S. market.</p><p><blockquote>第四,股票市场的相对表现开始转变。在美国股市长期结构性表现优异后,美国的领导地位受到质疑。相对于EurostoxxSXXE, 0.15%(流动性最强的欧洲股票指数),标准普尔500SPX,-0.08%自2020年10月以来表现不佳。考虑到估值差异,这种情况很可能会进一步发展,特别是如果科技股拖累美国市场的话。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8d2d9bad697ba7ff1b24909132362c72\" tg-width=\"1260\" tg-height=\"752\">We can already observe a form of divergence between U.S. equity performance (erratic) and the underlying economic performance (still strong). The money flows make that picture more understandable: money flows into the U.S. equity market got so extended that some mean-reversion was inevitable.</p><p><blockquote>我们已经可以观察到美国股市表现(不稳定)和潜在经济表现(仍然强劲)之间的某种背离。资金流动让这种情况变得更容易理解:流入美国股市的资金如此之多,以至于某种均值回归是不可避免的。</blockquote></p><p></p><p> Less demand for U.S. equity products has implications for relative U.S. equity performance, and may also impact the U.S. dollar via the overall structure of balance of payment financing. This is a problem in the context of awidening current account deficit.</p><p><blockquote>对美国股票产品的需求减少会影响美国股票的相对表现,也可能通过国际收支融资的整体结构影响美元。在经常账户赤字不断扩大的背景下,这是一个问题。</blockquote></p><p> The U.S. has an exceptional fiscal stance and an exceptional current account position. If financing via equities is becoming less exceptional, something else will have to give.</p><p><blockquote>美国拥有特殊的财政状况和特殊的经常账户头寸。如果通过股票融资变得不那么特殊,就必须做出其他贡献。</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>Global investors are losing interest in U.S. stocks and that will be a game changer<blockquote>全球投资者对美股失去兴趣,这将改变游戏规则</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\">\nGlobal investors are losing interest in U.S. stocks and that will be a game changer<blockquote>全球投资者对美股失去兴趣,这将改变游戏规则</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-08 15:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>The surge of money flowing into the U.S. market from around the world is not sustainable.</b> For some months now, the U.S. has looked exceptional compared to the rest of the world. Better COVID-19 vaccine rollout. Bigger fiscal policy push. Bolder reopening. Economic and market indicators showed this too. Consumption spiked well-above pre-pandemic levels and U.S. yields moved higher in anticipation of normalization. Investors put a huge bet on U.S. equities, with foreign investors accumulating U.S. stocks at unprecedented speed in 2020 and into 2021.</p><p><blockquote><b>从世界各地流入美国市场的资金激增是不可持续的。</b>几个月来,与世界其他地区相比,美国看起来很特别。更好的新冠肺炎疫苗推广。更大的财政政策推动。更大胆的重新开放。经济和市场指标也显示了这一点。消费飙升,远高于大流行前的水平,美国国债收益率因预期正常化而走高。投资者对美国股市下了巨大的赌注,外国投资者在2020年和2021年以前所未有的速度积累了美国股票。</blockquote></p><p> But cracks are forming in the U.S. exceptionalism narrative, and the money flow is at risk of a dramatic reversal.</p><p><blockquote>但美国例外论叙事正在形成裂痕,资金流动面临急剧逆转的风险。</blockquote></p><p> It is well-known that the economic recovery in the U.S. has been swift, and the debate has even shifted from strong growth towards overheating risk. But what is perhaps less known is how incredibly large the amount of money betting on a strong U.S. economic recovery has been.</p><p><blockquote>众所周知,美国经济复苏迅速,争论甚至从强劲增长转向过热风险。但也许鲜为人知的是,押注于美国经济强劲复苏的资金数额有多大。</blockquote></p><p> <b>Exceptionalism in money flow</b></p><p><blockquote><b>货币流动中的例外论</b></blockquote></p><p> The chart below shows foreign net equity inflow into the U.S. since 2000 based on balance of payment data. For several quarters, the U.S. attracted historically large equity inflows, with net foreign inflows of more than $400 billion in 2020.</p><p><blockquote>下图根据国际收支数据显示了自2000年以来流入美国的外国净股权。几个季度以来,美国吸引了历史上大量的股票流入,2020年外国净流入超过4000亿美元。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/25f6abf41a80e588613658d84ac1eaa3\" tg-width=\"1260\" tg-height=\"718\">The next chart shows the balance of payments data broken down into inflows (liabilities) and outflows (assets). It highlights that the inflows were the driving force of the large net numbers and that they accelerated during 2020.</p><p><blockquote>下图显示了细分为流入(负债)和流出(资产)的国际收支数据。它强调,资金流入是大量净流入的驱动力,并且在2020年期间加速。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0463f3dc176b8202dfd4ad7e06e93111\" tg-width=\"1260\" tg-height=\"672\">The foreign inflows in the fourth quarter of 2020 alone were >$250bn (>$1 trillion annualized) and in the region 5% of GDP. Even during the 1999-2001 dotcom bubble, we did not see many quarters above 2% of GDP.</p><p><blockquote>仅2020年第四季度的外国流入量就超过2500亿美元(年化超过1万亿美元),占该地区GDP的5%。即使在1999-2001年的互联网泡沫期间,我们也没有看到多少季度超过GDP的2%。</blockquote></p><p> U.S. exceptionalism also is illustrated in this next chart, which shows U.S. “market share” in total global cross-border equity flows. The U.S. has indeed been exceptional, grabbing close to all of the world’s recent gross-flow (some flows to specific countries can be negative).</p><p><blockquote>下一张图表也说明了美国的例外论,该图表显示了美国在全球跨境股权流动总额中的“市场份额”。美国确实是个例外,几乎占据了世界近期所有的总流量(一些流向特定国家的流量可能是负的)。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d6992f35f36732c19fa646d842483e53\" tg-width=\"1259\" tg-height=\"827\"><b>Exceptionalism is now in question</b></p><p><blockquote><b>例外论现在受到质疑</b></blockquote></p><p> Enough about the past. Where do investors stand now, and where are we heading? Many pieces of evidence show that investors are questioning the exceptionalism narrative and changing the direction of money flow:</p><p><blockquote>过去的事说够了。投资者现在的立场是什么,我们将走向何方?许多证据表明,投资者正在质疑例外论叙事,并改变资金流动方向:</blockquote></p><p> First, the latest official monthly data (the March TIC data) shows that foreign appetite for U.S. stocks is potentially waning in an important way. The strong momentum from 2020 continued into January and February 2021. But there was a big reversal in March.</p><p><blockquote>首先,最新的官方月度数据(3月份TIC数据)显示,外国对美国股市的兴趣可能正在以一种重要的方式减弱。2020年的强劲势头持续到2021年1月和2月。但3月份出现了大逆转。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cc43d90772a6546441d2f422afbe8887\" tg-width=\"1260\" tg-height=\"573\">Second, in a way this is all logical, since the rest of the world is catching up with the U.S. on the vaccine front. The chart below shows that the EU began to vaccinate more people (per capita) than the U.S. in May. Recently China has also surpassed the U.S. (and the EU). This means that other countries are quickly catching up in terms of immunity and economic reopening will follow shortly thereafter.</p><p><blockquote>其次,在某种程度上,这一切都是合乎逻辑的,因为世界其他地区正在疫苗方面赶上美国。下图显示,欧盟在5月份开始接种疫苗的人数(人均)超过了美国。最近中国也超过了美国(和欧盟)。这意味着其他国家在免疫力方面正在迅速赶上,此后不久将重新开放经济。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bf91e8b1846be8ba1f2c3df15589c716\" tg-width=\"1260\" tg-height=\"902\">Third, U.S. bond yields, which spiked in the first quarter of 2021, are no longer leading the global move higher in interest rates. The chart below shows how U.S.10-year TreasuryTMUBMUSD10Y,1.561%yield rose by 0.8 percentage points in the first quarter (gray bars), much more than European yields. But in the second quarter of 2021 (blue bars) the ranking is totally different. Yields in Europe are rising the most, while U.S. yields are declining.</p><p><blockquote>第三,2021年第一季度飙升的美国债券收益率不再引领全球利率走高。下图显示了美国10年期国债TMUBMUSD10Y, 1.561%收益率在第一季度上涨了0.8个百分点(灰色条),远高于欧洲收益率。但在2021年第二季度(蓝条),排名完全不同。欧洲的收益率上升幅度最大,而美国的收益率则在下降。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8c8cb07b7c832cf87fdf3ff2b1cd2176\" tg-width=\"1260\" tg-height=\"756\">Fourth, relative equity market performance is starting to flip. After a long period of structural U.S. equity market outperformance, U.S. leadership is in question. Relative to EurostoxxSXXE,0.15%(the index of the most liquid European stocks), the S&P 500SPX,-0.08%has underperformed since October 2020. This could well have further to run, given valuation differences — and especially if technology stocks are a drag on the U.S. market.</p><p><blockquote>第四,股票市场的相对表现开始转变。在美国股市长期结构性表现优异后,美国的领导地位受到质疑。相对于EurostoxxSXXE, 0.15%(流动性最强的欧洲股票指数),标准普尔500SPX,-0.08%自2020年10月以来表现不佳。考虑到估值差异,这种情况很可能会进一步发展,特别是如果科技股拖累美国市场的话。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8d2d9bad697ba7ff1b24909132362c72\" tg-width=\"1260\" tg-height=\"752\">We can already observe a form of divergence between U.S. equity performance (erratic) and the underlying economic performance (still strong). The money flows make that picture more understandable: money flows into the U.S. equity market got so extended that some mean-reversion was inevitable.</p><p><blockquote>我们已经可以观察到美国股市表现(不稳定)和潜在经济表现(仍然强劲)之间的某种背离。资金流动让这种情况变得更容易理解:流入美国股市的资金如此之多,以至于某种均值回归是不可避免的。</blockquote></p><p></p><p> Less demand for U.S. equity products has implications for relative U.S. equity performance, and may also impact the U.S. dollar via the overall structure of balance of payment financing. This is a problem in the context of awidening current account deficit.</p><p><blockquote>对美国股票产品的需求减少会影响美国股票的相对表现,也可能通过国际收支融资的整体结构影响美元。在经常账户赤字不断扩大的背景下,这是一个问题。</blockquote></p><p> The U.S. has an exceptional fiscal stance and an exceptional current account position. If financing via equities is becoming less exceptional, something else will have to give.</p><p><blockquote>美国拥有特殊的财政状况和特殊的经常账户头寸。如果通过股票融资变得不那么特殊,就必须做出其他贡献。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/global-investors-enthusiasm-for-u-s-stocks-is-fading-and-that-will-be-a-game-changer-11623049201?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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/global-investors-enthusiasm-for-u-s-stocks-is-fading-and-that-will-be-a-game-changer-11623049201?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168188820","content_text":"The surge of money flowing into the U.S. market from around the world is not sustainable.\n\nFor some months now, the U.S. has looked exceptional compared to the rest of the world. Better COVID-19 vaccine rollout. Bigger fiscal policy push. Bolder reopening. Economic and market indicators showed this too. Consumption spiked well-above pre-pandemic levels and U.S. yields moved higher in anticipation of normalization. Investors put a huge bet on U.S. equities, with foreign investors accumulating U.S. stocks at unprecedented speed in 2020 and into 2021.\nBut cracks are forming in the U.S. exceptionalism narrative, and the money flow is at risk of a dramatic reversal.\nIt is well-known that the economic recovery in the U.S. has been swift, and the debate has even shifted from strong growth towards overheating risk. But what is perhaps less known is how incredibly large the amount of money betting on a strong U.S. economic recovery has been.\nExceptionalism in money flow\nThe chart below shows foreign net equity inflow into the U.S. since 2000 based on balance of payment data. For several quarters, the U.S. attracted historically large equity inflows, with net foreign inflows of more than $400 billion in 2020.\nThe next chart shows the balance of payments data broken down into inflows (liabilities) and outflows (assets). It highlights that the inflows were the driving force of the large net numbers and that they accelerated during 2020.\nThe foreign inflows in the fourth quarter of 2020 alone were >$250bn (>$1 trillion annualized) and in the region 5% of GDP. Even during the 1999-2001 dotcom bubble, we did not see many quarters above 2% of GDP.\nU.S. exceptionalism also is illustrated in this next chart, which shows U.S. “market share” in total global cross-border equity flows. The U.S. has indeed been exceptional, grabbing close to all of the world’s recent gross-flow (some flows to specific countries can be negative).\nExceptionalism is now in question\nEnough about the past. Where do investors stand now, and where are we heading? Many pieces of evidence show that investors are questioning the exceptionalism narrative and changing the direction of money flow:\nFirst, the latest official monthly data (the March TIC data) shows that foreign appetite for U.S. stocks is potentially waning in an important way. The strong momentum from 2020 continued into January and February 2021. But there was a big reversal in March.\nSecond, in a way this is all logical, since the rest of the world is catching up with the U.S. on the vaccine front. The chart below shows that the EU began to vaccinate more people (per capita) than the U.S. in May. Recently China has also surpassed the U.S. (and the EU). This means that other countries are quickly catching up in terms of immunity and economic reopening will follow shortly thereafter.\nThird, U.S. bond yields, which spiked in the first quarter of 2021, are no longer leading the global move higher in interest rates. The chart below shows how U.S.10-year TreasuryTMUBMUSD10Y,1.561%yield rose by 0.8 percentage points in the first quarter (gray bars), much more than European yields. But in the second quarter of 2021 (blue bars) the ranking is totally different. Yields in Europe are rising the most, while U.S. yields are declining.\nFourth, relative equity market performance is starting to flip. After a long period of structural U.S. equity market outperformance, U.S. leadership is in question. Relative to EurostoxxSXXE,0.15%(the index of the most liquid European stocks), the S&P 500SPX,-0.08%has underperformed since October 2020. This could well have further to run, given valuation differences — and especially if technology stocks are a drag on the U.S. market.\nWe can already observe a form of divergence between U.S. equity performance (erratic) and the underlying economic performance (still strong). The money flows make that picture more understandable: money flows into the U.S. equity market got so extended that some mean-reversion was inevitable.\nLess demand for U.S. equity products has implications for relative U.S. equity performance, and may also impact the U.S. dollar via the overall structure of balance of payment financing. This is a problem in the context of awidening current account deficit.\nThe U.S. has an exceptional fiscal stance and an exceptional current account position. If financing via equities is becoming less exceptional, something else will have to give.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117668771,"gmtCreate":1623138854093,"gmtModify":1631893766849,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Oh my... ","listText":"Oh my... ","text":"Oh my...","images":[{"img":"https://static.tigerbbs.com/4ff93d5c4d5b4b2da59ae78f2f4ec3b4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117668771","isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117668388,"gmtCreate":1623138810344,"gmtModify":1631893766851,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Lol...","listText":"Lol...","text":"Lol...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117668388","repostId":"1170180025","repostType":4,"repost":{"id":"1170180025","kind":"news","pubTimestamp":1623137843,"share":"https://www.laohu8.com/m/news/1170180025?lang=zh_CN&edition=full","pubTime":"2021-06-08 15:37","market":"us","language":"en","title":"6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170180025","media":"Motley Fool","summary":"It's not just about money. This company could change millions of lives for the better.\n\nIt's not eve","content":"<p> <b>It's not just about money. This company could change millions of lives for the better.</b> It's not every day that a news event involving the stock market has the potential to change the lives of millions of people for the better. But that's what happened today, and although the decision involves some controversy, the latest approval from the U.S. Food and Drug Administration paves the way for a potential breakthrough for the more than 6 million Americans who suffer from a terrible and debilitating illness.</p><p><blockquote><b>这不仅仅是钱的问题。这家公司可以让数百万人的生活变得更好。</b>并不是每天都有涉及股市的新闻事件有可能让数百万人的生活变得更好。但这就是今天发生的事情,尽管这个决定涉及一些争议,但美国的最新批准。美国食品药品监督管理局为600多万患有可怕和使人虚弱的疾病的美国人的潜在突破铺平了道路。</blockquote></p><p> To be clear, the entire stock market didn't celebrate the news. The<b>Dow Jones Industrial Average</b> and<b>S&P 500</b>were both down on the day, although gains for the<b>Nasdaq Composite</b> were nice to see.</p><p><blockquote>需要明确的是,整个股市并没有庆祝这个消息。The<b>道琼斯工业平均指数</b>和<b>标普500</b>当天均下跌,尽管上涨<b>纳斯达克复合材料</b>很高兴见到你。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/181bcc06eb97d19baf436292a1eb2331\" tg-width=\"793\" tg-height=\"292\">Indeed, the Nasdaq's gain came in part from the performance of the high-flying stock in question.<b>Biogen</b>(NASDAQ:BIIB)surged higher by more than 38% on Monday, and the gains came on hopes that the company might finally be able to solve the problem of Alzheimer's disease once and for all.</p><p><blockquote>事实上,纳斯达克的收益部分来自于相关股票的表现。<b>Biogen</b>(纳斯达克:BIIB)周一大涨逾38%,上涨源于该公司最终可能能够一劳永逸地解决阿尔茨海默病问题的希望。</blockquote></p><p> <b>An approval for Biogen</b></p><p><blockquote><b>Biogen的批准</b></blockquote></p><p> Biogen's stock soared after a long trading halt that lasted nearly three hours. At noon EDT,Biogen issued a press releasethat announced the FDA's accelerated approval of its aducanumab-avwa treatment for Alzheimer's disease. Using the marketing name Aduhelm for the drug, Biogen claimed the status as having the first and only Alzheimer's treatment addressing what it called \"a defining pathology of the disease\" by reducing amyloid beta plaque levels in patients' brains.</p><p><blockquote>百健(Biogen)的股价在持续近三个小时的长时间停牌后飙升。美国东部时间中午,百健(Biogen)发布新闻稿,宣布FDA加速批准其aducanumab-avwa治疗阿尔茨海默病的药物。百健(Biogen)使用该药物的营销名称Aduhelm,声称该药物是第一种也是唯一一种通过降低患者大脑中β淀粉样蛋白斑块水平来解决其所谓的“该疾病的定义病理学”的阿尔茨海默病治疗方法。</blockquote></p><p> Biogen said that the FDA issued the accelerated approval based on clinical trial data demonstrating plaque reduction. It'll be up to continuing studies to verify that success in fighting amyloid beta plaque will actually reduce the rate of clinical decline that Alzheimer's disease patients suffer.</p><p><blockquote>Biogen表示,FDA发布加速批准是基于临床试验数据证明斑块减少。这将取决于持续的研究来验证成功对抗淀粉样β斑块实际上会降低阿尔茨海默病患者的临床衰退率。</blockquote></p><p> CEO Michel Vounatsos calling the approval a \"historic moment\" and celebrated the decade-long work of numerous researchers. Officials at<b>Eisai</b>(OTC:ESALY), which has worked together with Biogen on the treatment, were similarly pleased. Eisai stock jumped as much as 70% in over-the-counter trading.</p><p><blockquote>首席执行官Michel Vounatsos称这一批准是一个“历史性时刻”,并庆祝了众多研究人员长达十年的工作。官员在<b>卫材</b>(OTC:ESALY)与百健(Biogen)合作进行治疗,也同样感到高兴。卫材股价在场外交易中上涨了70%。</blockquote></p><p> <b>Why Biogen's win is controversial</b></p><p><blockquote><b>为什么百健(Biogen)的胜利存在争议</b></blockquote></p><p> Yet others remain skeptical about Biogen's victory. Although the company has done a good job of showing the direct impact of the treatment on amyloid protein formation, making the further link to demonstrate actual improvement in Alzheimer's symptoms like cognitive ability has been more elusive. In fact,past trials have specifically failedto establish statistically significant benefits.</p><p><blockquote>然而,其他人仍然对百健的胜利持怀疑态度。尽管该公司在展示治疗对淀粉样蛋白形成的直接影响方面做得很好,但进一步证明认知能力等阿尔茨海默氏症症状的实际改善却更加难以捉摸。事实上,过去的试验未能确定统计学上显著的益处。</blockquote></p><p> Also unusual is the extent of disagreement among researchers in the field.A panel of independent experts wasn't convincedwhen presented with Aduhelm's results that the treatment could directly improve symptoms.</p><p><blockquote>同样不寻常的是该领域研究人员之间的分歧程度。当看到Aduhelm的结果时,一个独立专家小组并不相信这种治疗可以直接改善症状。</blockquote></p><p> Nevertheless, Biogen can expect sales of Aduhelm to be brisk. With the only approved treatment on the market, Biogen will have many medical professionals looking to try it even if they're skeptical about its eventual impact. That will inevitably produce billions of dollars in revenue for Biogen while allowing the company to continue collecting data on any positive impacts of the treatment on patients.</p><p><blockquote>尽管如此,Biogen预计Aduhelm的销售将会很活跃。作为市场上唯一被批准的治疗方法,Biogen将有许多医疗专业人士寻求尝试它,即使他们对其最终影响持怀疑态度。这将不可避免地为百健(Biogen)带来数十亿美元的收入,同时使该公司能够继续收集有关治疗对患者的任何积极影响的数据。</blockquote></p><p> <b>Hoping for a cure</b></p><p><blockquote><b>希望找到治愈方法</b></blockquote></p><p> It's precisely because so much is on the line for so many people that Biogen's Alzheimer's treatment generates such strong emotion. Nevertheless, everyone has to be hoping that Aduhelm will be able to prove itself once and for all and start providing relief for those who suffer from the disease.</p><p><blockquote>正是因为如此多的人面临如此多的风险,Biogen的阿尔茨海默氏症治疗产生了如此强烈的情感。然而,每个人都希望Aduhelm能够一劳永逸地证明自己,并开始为那些患有这种疾病的人提供救济。</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>6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</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\">\n6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</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\">2021-06-08 15:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>It's not just about money. This company could change millions of lives for the better.</b> It's not every day that a news event involving the stock market has the potential to change the lives of millions of people for the better. But that's what happened today, and although the decision involves some controversy, the latest approval from the U.S. Food and Drug Administration paves the way for a potential breakthrough for the more than 6 million Americans who suffer from a terrible and debilitating illness.</p><p><blockquote><b>这不仅仅是钱的问题。这家公司可以让数百万人的生活变得更好。</b>并不是每天都有涉及股市的新闻事件有可能让数百万人的生活变得更好。但这就是今天发生的事情,尽管这个决定涉及一些争议,但美国的最新批准。美国食品药品监督管理局为600多万患有可怕和使人虚弱的疾病的美国人的潜在突破铺平了道路。</blockquote></p><p> To be clear, the entire stock market didn't celebrate the news. The<b>Dow Jones Industrial Average</b> and<b>S&P 500</b>were both down on the day, although gains for the<b>Nasdaq Composite</b> were nice to see.</p><p><blockquote>需要明确的是,整个股市并没有庆祝这个消息。The<b>道琼斯工业平均指数</b>和<b>标普500</b>当天均下跌,尽管上涨<b>纳斯达克复合材料</b>很高兴见到你。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/181bcc06eb97d19baf436292a1eb2331\" tg-width=\"793\" tg-height=\"292\">Indeed, the Nasdaq's gain came in part from the performance of the high-flying stock in question.<b>Biogen</b>(NASDAQ:BIIB)surged higher by more than 38% on Monday, and the gains came on hopes that the company might finally be able to solve the problem of Alzheimer's disease once and for all.</p><p><blockquote>事实上,纳斯达克的收益部分来自于相关股票的表现。<b>Biogen</b>(纳斯达克:BIIB)周一大涨逾38%,上涨源于该公司最终可能能够一劳永逸地解决阿尔茨海默病问题的希望。</blockquote></p><p> <b>An approval for Biogen</b></p><p><blockquote><b>Biogen的批准</b></blockquote></p><p> Biogen's stock soared after a long trading halt that lasted nearly three hours. At noon EDT,Biogen issued a press releasethat announced the FDA's accelerated approval of its aducanumab-avwa treatment for Alzheimer's disease. Using the marketing name Aduhelm for the drug, Biogen claimed the status as having the first and only Alzheimer's treatment addressing what it called \"a defining pathology of the disease\" by reducing amyloid beta plaque levels in patients' brains.</p><p><blockquote>百健(Biogen)的股价在持续近三个小时的长时间停牌后飙升。美国东部时间中午,百健(Biogen)发布新闻稿,宣布FDA加速批准其aducanumab-avwa治疗阿尔茨海默病的药物。百健(Biogen)使用该药物的营销名称Aduhelm,声称该药物是第一种也是唯一一种通过降低患者大脑中β淀粉样蛋白斑块水平来解决其所谓的“该疾病的定义病理学”的阿尔茨海默病治疗方法。</blockquote></p><p> Biogen said that the FDA issued the accelerated approval based on clinical trial data demonstrating plaque reduction. It'll be up to continuing studies to verify that success in fighting amyloid beta plaque will actually reduce the rate of clinical decline that Alzheimer's disease patients suffer.</p><p><blockquote>Biogen表示,FDA发布加速批准是基于临床试验数据证明斑块减少。这将取决于持续的研究来验证成功对抗淀粉样β斑块实际上会降低阿尔茨海默病患者的临床衰退率。</blockquote></p><p> CEO Michel Vounatsos calling the approval a \"historic moment\" and celebrated the decade-long work of numerous researchers. Officials at<b>Eisai</b>(OTC:ESALY), which has worked together with Biogen on the treatment, were similarly pleased. Eisai stock jumped as much as 70% in over-the-counter trading.</p><p><blockquote>首席执行官Michel Vounatsos称这一批准是一个“历史性时刻”,并庆祝了众多研究人员长达十年的工作。官员在<b>卫材</b>(OTC:ESALY)与百健(Biogen)合作进行治疗,也同样感到高兴。卫材股价在场外交易中上涨了70%。</blockquote></p><p> <b>Why Biogen's win is controversial</b></p><p><blockquote><b>为什么百健(Biogen)的胜利存在争议</b></blockquote></p><p> Yet others remain skeptical about Biogen's victory. Although the company has done a good job of showing the direct impact of the treatment on amyloid protein formation, making the further link to demonstrate actual improvement in Alzheimer's symptoms like cognitive ability has been more elusive. In fact,past trials have specifically failedto establish statistically significant benefits.</p><p><blockquote>然而,其他人仍然对百健的胜利持怀疑态度。尽管该公司在展示治疗对淀粉样蛋白形成的直接影响方面做得很好,但进一步证明认知能力等阿尔茨海默氏症症状的实际改善却更加难以捉摸。事实上,过去的试验未能确定统计学上显著的益处。</blockquote></p><p> Also unusual is the extent of disagreement among researchers in the field.A panel of independent experts wasn't convincedwhen presented with Aduhelm's results that the treatment could directly improve symptoms.</p><p><blockquote>同样不寻常的是该领域研究人员之间的分歧程度。当看到Aduhelm的结果时,一个独立专家小组并不相信这种治疗可以直接改善症状。</blockquote></p><p> Nevertheless, Biogen can expect sales of Aduhelm to be brisk. With the only approved treatment on the market, Biogen will have many medical professionals looking to try it even if they're skeptical about its eventual impact. That will inevitably produce billions of dollars in revenue for Biogen while allowing the company to continue collecting data on any positive impacts of the treatment on patients.</p><p><blockquote>尽管如此,Biogen预计Aduhelm的销售将会很活跃。作为市场上唯一被批准的治疗方法,Biogen将有许多医疗专业人士寻求尝试它,即使他们对其最终影响持怀疑态度。这将不可避免地为百健(Biogen)带来数十亿美元的收入,同时使该公司能够继续收集有关治疗对患者的任何积极影响的数据。</blockquote></p><p> <b>Hoping for a cure</b></p><p><blockquote><b>希望找到治愈方法</b></blockquote></p><p> It's precisely because so much is on the line for so many people that Biogen's Alzheimer's treatment generates such strong emotion. Nevertheless, everyone has to be hoping that Aduhelm will be able to prove itself once and for all and start providing relief for those who suffer from the disease.</p><p><blockquote>正是因为如此多的人面临如此多的风险,Biogen的阿尔茨海默氏症治疗产生了如此强烈的情感。然而,每个人都希望Aduhelm能够一劳永逸地证明自己,并开始为那些患有这种疾病的人提供救济。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/06/07/6-million-americans-are-rooting-for-mondays-big-st/\">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":{"BIIB":"渤健公司"},"source_url":"https://www.fool.com/investing/2021/06/07/6-million-americans-are-rooting-for-mondays-big-st/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170180025","content_text":"It's not just about money. This company could change millions of lives for the better.\n\nIt's not every day that a news event involving the stock market has the potential to change the lives of millions of people for the better. But that's what happened today, and although the decision involves some controversy, the latest approval from the U.S. Food and Drug Administration paves the way for a potential breakthrough for the more than 6 million Americans who suffer from a terrible and debilitating illness.\nTo be clear, the entire stock market didn't celebrate the news. TheDow Jones Industrial Average andS&P 500were both down on the day, although gains for theNasdaq Composite were nice to see.\nIndeed, the Nasdaq's gain came in part from the performance of the high-flying stock in question.Biogen(NASDAQ:BIIB)surged higher by more than 38% on Monday, and the gains came on hopes that the company might finally be able to solve the problem of Alzheimer's disease once and for all.\nAn approval for Biogen\nBiogen's stock soared after a long trading halt that lasted nearly three hours. At noon EDT,Biogen issued a press releasethat announced the FDA's accelerated approval of its aducanumab-avwa treatment for Alzheimer's disease. Using the marketing name Aduhelm for the drug, Biogen claimed the status as having the first and only Alzheimer's treatment addressing what it called \"a defining pathology of the disease\" by reducing amyloid beta plaque levels in patients' brains.\nBiogen said that the FDA issued the accelerated approval based on clinical trial data demonstrating plaque reduction. It'll be up to continuing studies to verify that success in fighting amyloid beta plaque will actually reduce the rate of clinical decline that Alzheimer's disease patients suffer.\nCEO Michel Vounatsos calling the approval a \"historic moment\" and celebrated the decade-long work of numerous researchers. Officials atEisai(OTC:ESALY), which has worked together with Biogen on the treatment, were similarly pleased. Eisai stock jumped as much as 70% in over-the-counter trading.\nWhy Biogen's win is controversial\nYet others remain skeptical about Biogen's victory. Although the company has done a good job of showing the direct impact of the treatment on amyloid protein formation, making the further link to demonstrate actual improvement in Alzheimer's symptoms like cognitive ability has been more elusive. In fact,past trials have specifically failedto establish statistically significant benefits.\nAlso unusual is the extent of disagreement among researchers in the field.A panel of independent experts wasn't convincedwhen presented with Aduhelm's results that the treatment could directly improve symptoms.\nNevertheless, Biogen can expect sales of Aduhelm to be brisk. With the only approved treatment on the market, Biogen will have many medical professionals looking to try it even if they're skeptical about its eventual impact. That will inevitably produce billions of dollars in revenue for Biogen while allowing the company to continue collecting data on any positive impacts of the treatment on patients.\nHoping for a cure\nIt's precisely because so much is on the line for so many people that Biogen's Alzheimer's treatment generates such strong emotion. Nevertheless, everyone has to be hoping that Aduhelm will be able to prove itself once and for all and start providing relief for those who suffer from the disease.","news_type":1,"symbols_score_info":{"BIIB":0.9}},"isVote":1,"tweetType":1,"viewCount":603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114142157,"gmtCreate":1623060649679,"gmtModify":1631893766855,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Yeahhh","listText":"Yeahhh","text":"Yeahhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114142157","repostId":"2141743235","repostType":4,"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114146450,"gmtCreate":1623060636470,"gmtModify":1631893766858,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114146450","repostId":"1194257742","repostType":4,"repost":{"id":"1194257742","kind":"news","pubTimestamp":1623059574,"share":"https://www.laohu8.com/m/news/1194257742?lang=zh_CN&edition=full","pubTime":"2021-06-07 17:52","market":"us","language":"en","title":"\"We Took Out The June 2007 Highs\": Morgan Stanley's Sell Signal Just Hit An All Time High<blockquote>“我们打破了2007年6月的高点”:摩根士丹利的卖出信号刚刚创下历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194257742","media":"zerohedge","summary":"For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly be","content":"<p>For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly bearish on stocks, with the pessimistic sentimentplateauing earlier this weekwhen chief equity strategist Michael Wilson said that there is far too much optimism in the market, and that while earnings are slowly rising, forward PE multiples are far too high and are set to slide, with \"the de-rating about 75% to go or an approximate 15% decline in P/Es from here.\" As a result, in Wilson's view - which is rapidly emerging as the most bearish on Wall Street - \"<b>earnings revisions will not be able to offset that de-rating, leaving the overall market vulnerable to a 10-15 % correction over the next 6 months.\"</b></p><p><blockquote>过去几个月,摩根士丹利的基本面分析师对股市的悲观情绪越来越悲观,本周早些时候,首席股票策略师迈克尔·威尔逊(Michael Wilson)表示,市场上过于乐观,而盈利正在缓慢上升,远期市盈率太高,并且将会下滑,“评级将下调约75%,市盈率将下降约15%。”因此,在威尔逊看来——这正迅速成为华尔街最悲观的人——”<b>盈利修正将无法抵消评级下调的影响,导致整体市场在未来6个月内容易出现10-15%的调整。”</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f72ac2b1254473a56a44d443d5b0af2e\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\">It now appears that Morgan Stanley's fundamental bearishness has spilled over into the bank's technical analyst team and as the bank's chief Euro equity Strategist Matthew Garman writes,<b>for only the fifth time in over 30 years, each of Morgan Stanley's five market timing indicators are giving a sell signal at the same time.</b></p><p><blockquote>现在看来,摩根士丹利的基本面看跌情绪已经蔓延到该行的技术分析师团队,正如该行首席欧元股票策略师马修·加曼所写,<b>30多年来,摩根士丹利的五个市场时机指标中的每一个都同时发出卖出信号,这是第五次。</b></blockquote></p><p> Not only that, but the bank's Combined Market Timing Indicator - which has been in sell territory since March - just hit a new all time high of 1.19, surpassing the previous record high seen in June-2007, right around the time of the first great quant crash and before the market collapsed.</p><p><blockquote>不仅如此,该银行的综合市场时机指标(自3月份以来一直处于卖出区域)刚刚创下1.19的历史新高,超过了2007年6月创下的历史新高,当时正值第一次大规模量化崩盘和市场崩溃之前。</blockquote></p><p> According to Garman, the only time equities have risen after a \"Full House\" Sell Signal was in Feb 17, shortly after the Shanghai Accord kicked in to prevent a global recession. The other previous occasions where there was a \"Full House\" Sell Signal were Mar-90, May-92, Jun-07. According to MS,<b>\"in the 6M post the initial Full House Sell Signal, MSCI Europe has fallen on average 6%</b>.\"</p><p><blockquote>加曼表示,股市唯一一次在“满座”卖出信号后上涨是在2月17日,即防止全球经济衰退的上海协议生效后不久。之前出现“满座”卖出信号的其他场合是1990年3月、1992年5月、2007年6月。根据MS的说法,<b>“在最初的满仓抛售信号后的600万美元中,MSCI欧洲平均下跌了6%。”</b>.\"</blockquote></p><p> <img src=\"https://static.tigerbbs.com/840d972b24ae257679bd7334982d19d8\" tg-width=\"1130\" tg-height=\"415\" referrerpolicy=\"no-referrer\">So with every in house risk indicator screaming sell, does that mean that Morgan Stanley will have the balls to tell its clients to sell? Why of course not, because in this market where stuff like the AMC, GameStop and Bed Bath squeezes force analysts to admit they no longer have any idea what's going on...</p><p><blockquote>那么,随着每一个内部风险指标都尖叫着卖出,这是否意味着摩根士丹利将有胆量告诉其客户卖出?为什么当然不是,因为在这个市场上,像AMC、游戏驿站和Bed Bath这样的东西挤压迫使分析师承认他们不再知道发生了什么……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79e9d638925af010cddcb25105f8a4b0\" tg-width=\"500\" tg-height=\"471\" referrerpolicy=\"no-referrer\">... Morgan Stanley is keeping the hope and assuming that the current period will be similar to 2017 - the only other time when a massive sell signal did not result in a market plunge.</p><p><blockquote>...摩根士丹利仍然抱有希望,并假设当前时期将与2017年类似——这是唯一一次大规模卖出信号没有导致市场暴跌。</blockquote></p><p> <i>Back in 2017, we remained constructive despite the signal given i) strong EPS growth, ii) an early cycle environment, iii) EU inflows, iv) low sentiment and v) a rise in M&A. Sentiment metrics may look more elevated than in 2017, but many of those factors remain in place today. While we see a trickier risk-reward for equities globally, we maintain our view that there is a compelling case for Europe to outperform global peers.</i> Yet even Morgan Stanley is forced to admit that while Defensives may just scrape by after a record sell signal, cyclicals are about to be hammered. The next chart shows the relative performance of Cyclicals versus Defensives after a Full House Sell Signal on. As MS notes, \"perhaps unsurprisingly, given the poor performance at the market level, Cyclicals have struggled. In the 6M post the four initial Full House Sell Signals, Cyclicals have underperformed Defensives on average 12%, and this drops to -15% looking at any day</p><p><blockquote><i>早在2017年,尽管发出了i)每股收益强劲增长、ii)早期周期环境、iii)欧盟资金流入、iv)情绪低迷以及v)并购增加的信号,但我们仍然保持建设性态度。情绪指标可能看起来比2017年更高,但其中许多因素今天仍然存在。尽管我们认为全球股市的风险回报更加棘手,但我们仍然认为欧洲有令人信服的理由跑赢全球同行。</i>然而,就连摩根士丹利也被迫承认,虽然防御性股票在创纪录的卖出信号后可能只是勉强度日,但周期性股票即将受到重创。下图显示了满仓卖出信号后周期性股票与防御性股票的相对表现。正如微软指出的,“考虑到市场层面的糟糕表现,周期类股一直在苦苦挣扎,这也许并不奇怪。在最初四次抛售信号发出后的600万个交易日里,周期类股的表现平均落后于防御性股12%,而这一比例在任何一天都会降至-15%</blockquote></p><p> when the MTIs have all said sell at the same time.\"</p><p><blockquote>当MTI都同时表示卖出时。”</blockquote></p><p> This was true even in 2017 when equity markets rose: \"we previously cited similarities with the 2017 Full House Sell Signal as reasons to not get overly cautious on equity markets in aggregate at this moment in time. After the February-2017 Full House Sell Signal, MSCI Europe continued to rise pretty consistently through the rest of the year. However, despite strong performance from the market in aggregate, the performance of Cyclicals versus Defensives was much poorer. Between February and June 2017 Cyclicals underperformed Defensives by 6%.\"</p><p><blockquote>即使在2017年股市上涨时也是如此:“我们之前引用了与2017年全面抛售信号的相似之处,作为目前不要对整体股市过于谨慎的理由。在2017年2月的全面抛售信号之后,摩根士丹利资本国际欧洲指数在今年剩余时间里继续持续上涨。然而,尽管市场整体表现强劲,但周期性股票相对于防御性股票的表现要差得多。2017年2月至6月期间,周期性股票的表现落后防御性股票6%。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dcf00cdefd33fef071981aa4a5547a7\" tg-width=\"1084\" tg-height=\"387\" referrerpolicy=\"no-referrer\">It's not just the bank's sell signal that is prompting concerns about the future returns of cyclicals: Borrowing a page from our own warnings (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\"), Morgan Stanley looks at \"a number of China data points which are giving warning signs\" first and foremost the collapse in China's credit impulse, to wit:</p><p><blockquote>引发人们对周期性股票未来回报担忧的不仅仅是央行的卖出信号:借用我们自己的警告(参见“中国的信贷冲动刚刚转为负面,释放全球通缩冲击波”),摩根士丹利着眼于“一些中国数据点发出警告信号”,首先是中国信贷冲动的崩溃,即:</blockquote></p><p></p><p> While credit tightening has been front-loaded in 1H21, as outlined here, our economists remain constructive on China's growth recovery. Having said that, a number of Chinese data points do suggest the Cyclical bounce looks overextended.<b>China's credit impulse has just turned negative, and historically this has provided a lead indicator for the year-on-year performance of European Cyclicals (Exhibit 5).</b>Similarly, the relative performance of Cyclicals versus Defensives has closely tracked moves in Chinese 10Y bond yields, which are now at their lowest levels since September 2020, standing in sharp contrast to the performance of Cyclicals.</p><p><blockquote>尽管信贷紧缩已在2021年上半年提前实施,但我们的经济学家对中国的增长复苏仍持建设性态度。话虽如此,一些中国数据确实表明周期性反弹看起来过度。<b>中国的信贷冲动刚刚转负,从历史上看,这为欧洲周期类股的同比表现提供了领先指标(图表5)。</b>同样,周期性股票与防御性股票的相对表现密切跟踪中国10年期债券收益率的走势,目前中国10年期债券收益率处于2020年9月以来的最低水平,与周期性股票的表现形成鲜明对比。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c85032415626480364933f91dda387bf\" tg-width=\"1065\" tg-height=\"409\"></p><p><blockquote></blockquote></p><p> Putting it all together, readers have to ask themselves if what is coming will be an analog of the one and only episode on history when the market did not plunge after all Morgan Stanley market timing indicators hit a sell (and were at an all time high), or will this case be similar to Mar-90, May-92, Jun-07 when the outcome was anything but a happy ending.</p><p><blockquote>综上所述,读者不得不问自己,即将到来的事件是否会类似于历史上唯一一次在摩根士丹利所有市场时机指标都达到卖出(并处于历史高位)后市场没有暴跌的事件,或者这种情况会类似于1990年3月、1992年5月、2007年6月,结果绝不是一个幸福的结局。</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>\"We Took Out The June 2007 Highs\": Morgan Stanley's Sell Signal Just Hit An All Time High<blockquote>“我们打破了2007年6月的高点”:摩根士丹利的卖出信号刚刚创下历史新高</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; 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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\">\n\"We Took Out The June 2007 Highs\": Morgan Stanley's Sell Signal Just Hit An All Time High<blockquote>“我们打破了2007年6月的高点”:摩根士丹利的卖出信号刚刚创下历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-07 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly bearish on stocks, with the pessimistic sentimentplateauing earlier this weekwhen chief equity strategist Michael Wilson said that there is far too much optimism in the market, and that while earnings are slowly rising, forward PE multiples are far too high and are set to slide, with \"the de-rating about 75% to go or an approximate 15% decline in P/Es from here.\" As a result, in Wilson's view - which is rapidly emerging as the most bearish on Wall Street - \"<b>earnings revisions will not be able to offset that de-rating, leaving the overall market vulnerable to a 10-15 % correction over the next 6 months.\"</b></p><p><blockquote>过去几个月,摩根士丹利的基本面分析师对股市的悲观情绪越来越悲观,本周早些时候,首席股票策略师迈克尔·威尔逊(Michael Wilson)表示,市场上过于乐观,而盈利正在缓慢上升,远期市盈率太高,并且将会下滑,“评级将下调约75%,市盈率将下降约15%。”因此,在威尔逊看来——这正迅速成为华尔街最悲观的人——”<b>盈利修正将无法抵消评级下调的影响,导致整体市场在未来6个月内容易出现10-15%的调整。”</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f72ac2b1254473a56a44d443d5b0af2e\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\">It now appears that Morgan Stanley's fundamental bearishness has spilled over into the bank's technical analyst team and as the bank's chief Euro equity Strategist Matthew Garman writes,<b>for only the fifth time in over 30 years, each of Morgan Stanley's five market timing indicators are giving a sell signal at the same time.</b></p><p><blockquote>现在看来,摩根士丹利的基本面看跌情绪已经蔓延到该行的技术分析师团队,正如该行首席欧元股票策略师马修·加曼所写,<b>30多年来,摩根士丹利的五个市场时机指标中的每一个都同时发出卖出信号,这是第五次。</b></blockquote></p><p> Not only that, but the bank's Combined Market Timing Indicator - which has been in sell territory since March - just hit a new all time high of 1.19, surpassing the previous record high seen in June-2007, right around the time of the first great quant crash and before the market collapsed.</p><p><blockquote>不仅如此,该银行的综合市场时机指标(自3月份以来一直处于卖出区域)刚刚创下1.19的历史新高,超过了2007年6月创下的历史新高,当时正值第一次大规模量化崩盘和市场崩溃之前。</blockquote></p><p> According to Garman, the only time equities have risen after a \"Full House\" Sell Signal was in Feb 17, shortly after the Shanghai Accord kicked in to prevent a global recession. The other previous occasions where there was a \"Full House\" Sell Signal were Mar-90, May-92, Jun-07. According to MS,<b>\"in the 6M post the initial Full House Sell Signal, MSCI Europe has fallen on average 6%</b>.\"</p><p><blockquote>加曼表示,股市唯一一次在“满座”卖出信号后上涨是在2月17日,即防止全球经济衰退的上海协议生效后不久。之前出现“满座”卖出信号的其他场合是1990年3月、1992年5月、2007年6月。根据MS的说法,<b>“在最初的满仓抛售信号后的600万美元中,MSCI欧洲平均下跌了6%。”</b>.\"</blockquote></p><p> <img src=\"https://static.tigerbbs.com/840d972b24ae257679bd7334982d19d8\" tg-width=\"1130\" tg-height=\"415\" referrerpolicy=\"no-referrer\">So with every in house risk indicator screaming sell, does that mean that Morgan Stanley will have the balls to tell its clients to sell? Why of course not, because in this market where stuff like the AMC, GameStop and Bed Bath squeezes force analysts to admit they no longer have any idea what's going on...</p><p><blockquote>那么,随着每一个内部风险指标都尖叫着卖出,这是否意味着摩根士丹利将有胆量告诉其客户卖出?为什么当然不是,因为在这个市场上,像AMC、游戏驿站和Bed Bath这样的东西挤压迫使分析师承认他们不再知道发生了什么……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79e9d638925af010cddcb25105f8a4b0\" tg-width=\"500\" tg-height=\"471\" referrerpolicy=\"no-referrer\">... Morgan Stanley is keeping the hope and assuming that the current period will be similar to 2017 - the only other time when a massive sell signal did not result in a market plunge.</p><p><blockquote>...摩根士丹利仍然抱有希望,并假设当前时期将与2017年类似——这是唯一一次大规模卖出信号没有导致市场暴跌。</blockquote></p><p> <i>Back in 2017, we remained constructive despite the signal given i) strong EPS growth, ii) an early cycle environment, iii) EU inflows, iv) low sentiment and v) a rise in M&A. Sentiment metrics may look more elevated than in 2017, but many of those factors remain in place today. While we see a trickier risk-reward for equities globally, we maintain our view that there is a compelling case for Europe to outperform global peers.</i> Yet even Morgan Stanley is forced to admit that while Defensives may just scrape by after a record sell signal, cyclicals are about to be hammered. The next chart shows the relative performance of Cyclicals versus Defensives after a Full House Sell Signal on. As MS notes, \"perhaps unsurprisingly, given the poor performance at the market level, Cyclicals have struggled. In the 6M post the four initial Full House Sell Signals, Cyclicals have underperformed Defensives on average 12%, and this drops to -15% looking at any day</p><p><blockquote><i>早在2017年,尽管发出了i)每股收益强劲增长、ii)早期周期环境、iii)欧盟资金流入、iv)情绪低迷以及v)并购增加的信号,但我们仍然保持建设性态度。情绪指标可能看起来比2017年更高,但其中许多因素今天仍然存在。尽管我们认为全球股市的风险回报更加棘手,但我们仍然认为欧洲有令人信服的理由跑赢全球同行。</i>然而,就连摩根士丹利也被迫承认,虽然防御性股票在创纪录的卖出信号后可能只是勉强度日,但周期性股票即将受到重创。下图显示了满仓卖出信号后周期性股票与防御性股票的相对表现。正如微软指出的,“考虑到市场层面的糟糕表现,周期类股一直在苦苦挣扎,这也许并不奇怪。在最初四次抛售信号发出后的600万个交易日里,周期类股的表现平均落后于防御性股12%,而这一比例在任何一天都会降至-15%</blockquote></p><p> when the MTIs have all said sell at the same time.\"</p><p><blockquote>当MTI都同时表示卖出时。”</blockquote></p><p> This was true even in 2017 when equity markets rose: \"we previously cited similarities with the 2017 Full House Sell Signal as reasons to not get overly cautious on equity markets in aggregate at this moment in time. After the February-2017 Full House Sell Signal, MSCI Europe continued to rise pretty consistently through the rest of the year. However, despite strong performance from the market in aggregate, the performance of Cyclicals versus Defensives was much poorer. Between February and June 2017 Cyclicals underperformed Defensives by 6%.\"</p><p><blockquote>即使在2017年股市上涨时也是如此:“我们之前引用了与2017年全面抛售信号的相似之处,作为目前不要对整体股市过于谨慎的理由。在2017年2月的全面抛售信号之后,摩根士丹利资本国际欧洲指数在今年剩余时间里继续持续上涨。然而,尽管市场整体表现强劲,但周期性股票相对于防御性股票的表现要差得多。2017年2月至6月期间,周期性股票的表现落后防御性股票6%。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dcf00cdefd33fef071981aa4a5547a7\" tg-width=\"1084\" tg-height=\"387\" referrerpolicy=\"no-referrer\">It's not just the bank's sell signal that is prompting concerns about the future returns of cyclicals: Borrowing a page from our own warnings (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\"), Morgan Stanley looks at \"a number of China data points which are giving warning signs\" first and foremost the collapse in China's credit impulse, to wit:</p><p><blockquote>引发人们对周期性股票未来回报担忧的不仅仅是央行的卖出信号:借用我们自己的警告(参见“中国的信贷冲动刚刚转为负面,释放全球通缩冲击波”),摩根士丹利着眼于“一些中国数据点发出警告信号”,首先是中国信贷冲动的崩溃,即:</blockquote></p><p></p><p> While credit tightening has been front-loaded in 1H21, as outlined here, our economists remain constructive on China's growth recovery. Having said that, a number of Chinese data points do suggest the Cyclical bounce looks overextended.<b>China's credit impulse has just turned negative, and historically this has provided a lead indicator for the year-on-year performance of European Cyclicals (Exhibit 5).</b>Similarly, the relative performance of Cyclicals versus Defensives has closely tracked moves in Chinese 10Y bond yields, which are now at their lowest levels since September 2020, standing in sharp contrast to the performance of Cyclicals.</p><p><blockquote>尽管信贷紧缩已在2021年上半年提前实施,但我们的经济学家对中国的增长复苏仍持建设性态度。话虽如此,一些中国数据确实表明周期性反弹看起来过度。<b>中国的信贷冲动刚刚转负,从历史上看,这为欧洲周期类股的同比表现提供了领先指标(图表5)。</b>同样,周期性股票与防御性股票的相对表现密切跟踪中国10年期债券收益率的走势,目前中国10年期债券收益率处于2020年9月以来的最低水平,与周期性股票的表现形成鲜明对比。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c85032415626480364933f91dda387bf\" tg-width=\"1065\" tg-height=\"409\"></p><p><blockquote></blockquote></p><p> Putting it all together, readers have to ask themselves if what is coming will be an analog of the one and only episode on history when the market did not plunge after all Morgan Stanley market timing indicators hit a sell (and were at an all time high), or will this case be similar to Mar-90, May-92, Jun-07 when the outcome was anything but a happy ending.</p><p><blockquote>综上所述,读者不得不问自己,即将到来的事件是否会类似于历史上唯一一次在摩根士丹利所有市场时机指标都达到卖出(并处于历史高位)后市场没有暴跌的事件,或者这种情况会类似于1990年3月、1992年5月、2007年6月,结果绝不是一个幸福的结局。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.zerohedge.com/markets/we-took-out-june-2007-highs-morgan-stanleys-sell-signal-just-hit-all-time-high\">zerohedge</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","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/we-took-out-june-2007-highs-morgan-stanleys-sell-signal-just-hit-all-time-high","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194257742","content_text":"For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly bearish on stocks, with the pessimistic sentimentplateauing earlier this weekwhen chief equity strategist Michael Wilson said that there is far too much optimism in the market, and that while earnings are slowly rising, forward PE multiples are far too high and are set to slide, with \"the de-rating about 75% to go or an approximate 15% decline in P/Es from here.\" As a result, in Wilson's view - which is rapidly emerging as the most bearish on Wall Street - \"earnings revisions will not be able to offset that de-rating, leaving the overall market vulnerable to a 10-15 % correction over the next 6 months.\"\nIt now appears that Morgan Stanley's fundamental bearishness has spilled over into the bank's technical analyst team and as the bank's chief Euro equity Strategist Matthew Garman writes,for only the fifth time in over 30 years, each of Morgan Stanley's five market timing indicators are giving a sell signal at the same time.\nNot only that, but the bank's Combined Market Timing Indicator - which has been in sell territory since March - just hit a new all time high of 1.19, surpassing the previous record high seen in June-2007, right around the time of the first great quant crash and before the market collapsed.\nAccording to Garman, the only time equities have risen after a \"Full House\" Sell Signal was in Feb 17, shortly after the Shanghai Accord kicked in to prevent a global recession. The other previous occasions where there was a \"Full House\" Sell Signal were Mar-90, May-92, Jun-07. According to MS,\"in the 6M post the initial Full House Sell Signal, MSCI Europe has fallen on average 6%.\"\nSo with every in house risk indicator screaming sell, does that mean that Morgan Stanley will have the balls to tell its clients to sell? Why of course not, because in this market where stuff like the AMC, GameStop and Bed Bath squeezes force analysts to admit they no longer have any idea what's going on...\n... Morgan Stanley is keeping the hope and assuming that the current period will be similar to 2017 - the only other time when a massive sell signal did not result in a market plunge.\n\nBack in 2017, we remained constructive despite the signal given i) strong EPS growth, ii) an early cycle environment, iii) EU inflows, iv) low sentiment and v) a rise in M&A. Sentiment metrics may look more elevated than in 2017, but many of those factors remain in place today. While we see a trickier risk-reward for equities globally, we maintain our view that there is a compelling case for Europe to outperform global peers.\n\nYet even Morgan Stanley is forced to admit that while Defensives may just scrape by after a record sell signal, cyclicals are about to be hammered. The next chart shows the relative performance of Cyclicals versus Defensives after a Full House Sell Signal on. As MS notes, \"perhaps unsurprisingly, given the poor performance at the market level, Cyclicals have struggled. In the 6M post the four initial Full House Sell Signals, Cyclicals have underperformed Defensives on average 12%, and this drops to -15% looking at any day\nwhen the MTIs have all said sell at the same time.\"\nThis was true even in 2017 when equity markets rose: \"we previously cited similarities with the 2017 Full House Sell Signal as reasons to not get overly cautious on equity markets in aggregate at this moment in time. After the February-2017 Full House Sell Signal, MSCI Europe continued to rise pretty consistently through the rest of the year. However, despite strong performance from the market in aggregate, the performance of Cyclicals versus Defensives was much poorer. Between February and June 2017 Cyclicals underperformed Defensives by 6%.\"\nIt's not just the bank's sell signal that is prompting concerns about the future returns of cyclicals: Borrowing a page from our own warnings (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\"), Morgan Stanley looks at \"a number of China data points which are giving warning signs\" first and foremost the collapse in China's credit impulse, to wit:\nWhile credit tightening has been front-loaded in 1H21, as outlined here, our economists remain constructive on China's growth recovery. Having said that, a number of Chinese data points do suggest the Cyclical bounce looks overextended.China's credit impulse has just turned negative, and historically this has provided a lead indicator for the year-on-year performance of European Cyclicals (Exhibit 5).Similarly, the relative performance of Cyclicals versus Defensives has closely tracked moves in Chinese 10Y bond yields, which are now at their lowest levels since September 2020, standing in sharp contrast to the performance of Cyclicals.\n\nPutting it all together, readers have to ask themselves if what is coming will be an analog of the one and only episode on history when the market did not plunge after all Morgan Stanley market timing indicators hit a sell (and were at an all time high), or will this case be similar to Mar-90, May-92, Jun-07 when the outcome was anything but a happy ending.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114146152,"gmtCreate":1623060605576,"gmtModify":1631893766860,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3567466731322784","idStr":"3567466731322784"},"themes":[],"htmlText":"Rise please ","listText":"Rise please ","text":"Rise please","images":[{"img":"https://static.tigerbbs.com/8ee2920970a6b9d36ac36a9b2a61e792","width":"1080","height":"2766"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114146152","isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":181260216,"gmtCreate":1623396780635,"gmtModify":1631893012573,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/181260216","repostId":"1182033958","repostType":4,"isVote":1,"tweetType":1,"viewCount":603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":603156424,"gmtCreate":1638377920108,"gmtModify":1638377920234,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/603156424","repostId":"1116584621","repostType":4,"isVote":1,"tweetType":1,"viewCount":1773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":162347895,"gmtCreate":1624037110617,"gmtModify":1631893012543,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"Comment ","listText":"Comment ","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/162347895","repostId":"2144774740","repostType":4,"repost":{"id":"2144774740","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1624030096,"share":"https://www.laohu8.com/m/news/2144774740?lang=zh_CN&edition=full","pubTime":"2021-06-18 23:28","market":"us","language":"en","title":"Adobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2144774740","media":"Investors","summary":"Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.","content":"<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p><p><blockquote>软件巨头<b><a href=\"https://laohu8.com/S/ADBE\">土坯</a></b>一位高管表示,随着Covid-19大流行消退,经济重新开放,该公司正在受益。该公司的季度报告证明了这一点。ADBE股价周五上涨。</blockquote></p><p> The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p><p><blockquote>这家数字媒体和营销软件制造商周四晚些时候公布的第二财季收益轻松超出预期。Adobe还指导了本季度的上述观点。</blockquote></p><p> The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p><p><blockquote>这家总部位于加利福尼亚州圣何塞的公司在截至6月4日的季度销售额为38.4亿美元,调整后每股收益为3.03美元。与去年同期相比,Adobe盈利增长24%,销售额增长23%。</blockquote></p><p> For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p><p><blockquote>Adobe预计本季度调整后每股收益为3美元,增长17%,销售额为38.8亿美元,增长20%。</blockquote></p><p> <h2>ADBE Stock Rises After Earnings Report</h2> In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p><p><blockquote><h2>ADBE股价在收益报告后上涨</h2>今天股市早盘交易中,ADBE股价上涨2.2%,接近563.35点。盘中早些时候,ADBE股价创下570点的历史新高。</blockquote></p><p> \"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p><p><blockquote>“我们的三项业务——创意云、文档云和<a href=\"https://laohu8.com/S/EXP.AU\">经验</a>云——本季度刚刚以出色的表现击败了它,”首席财务官约翰·墨菲(John Murphy)告诉《投资者商业日报》。“以个性化方式进行内容创作和客户体验参与正在我们所有业务中引起共鸣。它确实推动了业务的发展势头和加速。”</blockquote></p><p> That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p><p><blockquote>墨菲表示,这种势头将在该公司季节性疲软的第三财季持续下去。本季度包括夏季的六月、七月和八月。</blockquote></p><p> \"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p><p><blockquote>墨菲表示:“宏观经济稳定给了很多企业再次投资的信心。”“企业正在优先考虑数字化转型。”</blockquote></p><p> The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p><p><blockquote>他表示,疫情过后经济的重新开放和重返办公室应该会为Adobe的业务提供推动力。</blockquote></p><p> <h2>Analysts Raise Price Targets On Adobe Stock</h2> At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p><p><blockquote><h2>分析师提高Adobe股票的目标价</h2>财报发布后,至少15名华尔街分析师上调了ADBE股票的目标价。</blockquote></p><p> Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p><p><blockquote>瑞穗证券分析师Gregg Moskowitz重申了对ADBE股票的买入评级,并将目标价从600点上调至640点。</blockquote></p><p> \"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p><p><blockquote>莫斯科维茨在给客户的一份报告中表示:“Adobe广泛的软件解决方案组合使其成为内容创建、消费和协作的黄金标准。”“Adobe凭借其全面的端到端产品使其与竞争对手区分开来,处于有利地位,可以从数字化转型中受益。”</blockquote></p><p> On June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.</p><p><blockquote>根据IBD MarketSmith图表,6月11日,ADBE股票突破了40周的盘整期,买入点为536.98。</blockquote></p><p> However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p><p><blockquote>然而,IBD排行榜分析为投资者提供了较大盘整格局中杯基的早期买入点525.54。</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>Adobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nAdobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-06-18 23:28</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p><p><blockquote>软件巨头<b><a href=\"https://laohu8.com/S/ADBE\">土坯</a></b>一位高管表示,随着Covid-19大流行消退,经济重新开放,该公司正在受益。该公司的季度报告证明了这一点。ADBE股价周五上涨。</blockquote></p><p> The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p><p><blockquote>这家数字媒体和营销软件制造商周四晚些时候公布的第二财季收益轻松超出预期。Adobe还指导了本季度的上述观点。</blockquote></p><p> The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p><p><blockquote>这家总部位于加利福尼亚州圣何塞的公司在截至6月4日的季度销售额为38.4亿美元,调整后每股收益为3.03美元。与去年同期相比,Adobe盈利增长24%,销售额增长23%。</blockquote></p><p> For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p><p><blockquote>Adobe预计本季度调整后每股收益为3美元,增长17%,销售额为38.8亿美元,增长20%。</blockquote></p><p> <h2>ADBE Stock Rises After Earnings Report</h2> In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p><p><blockquote><h2>ADBE股价在收益报告后上涨</h2>今天股市早盘交易中,ADBE股价上涨2.2%,接近563.35点。盘中早些时候,ADBE股价创下570点的历史新高。</blockquote></p><p> \"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p><p><blockquote>“我们的三项业务——创意云、文档云和<a href=\"https://laohu8.com/S/EXP.AU\">经验</a>云——本季度刚刚以出色的表现击败了它,”首席财务官约翰·墨菲(John Murphy)告诉《投资者商业日报》。“以个性化方式进行内容创作和客户体验参与正在我们所有业务中引起共鸣。它确实推动了业务的发展势头和加速。”</blockquote></p><p> That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p><p><blockquote>墨菲表示,这种势头将在该公司季节性疲软的第三财季持续下去。本季度包括夏季的六月、七月和八月。</blockquote></p><p> \"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p><p><blockquote>墨菲表示:“宏观经济稳定给了很多企业再次投资的信心。”“企业正在优先考虑数字化转型。”</blockquote></p><p> The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p><p><blockquote>他表示,疫情过后经济的重新开放和重返办公室应该会为Adobe的业务提供推动力。</blockquote></p><p> <h2>Analysts Raise Price Targets On Adobe Stock</h2> At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p><p><blockquote><h2>分析师提高Adobe股票的目标价</h2>财报发布后,至少15名华尔街分析师上调了ADBE股票的目标价。</blockquote></p><p> Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p><p><blockquote>瑞穗证券分析师Gregg Moskowitz重申了对ADBE股票的买入评级,并将目标价从600点上调至640点。</blockquote></p><p> \"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p><p><blockquote>莫斯科维茨在给客户的一份报告中表示:“Adobe广泛的软件解决方案组合使其成为内容创建、消费和协作的黄金标准。”“Adobe凭借其全面的端到端产品使其与竞争对手区分开来,处于有利地位,可以从数字化转型中受益。”</blockquote></p><p> On June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.</p><p><blockquote>根据IBD MarketSmith图表,6月11日,ADBE股票突破了40周的盘整期,买入点为536.98。</blockquote></p><p> However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p><p><blockquote>然而,IBD排行榜分析为投资者提供了较大盘整格局中杯基的早期买入点525.54。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144774740","content_text":"Software giant Adobe is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.\nThe maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.\nThe San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.\nFor the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.\nADBE Stock Rises After Earnings Report\nIn morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.\n\"All three of our businesses — Creative Cloud, Document Cloud and Experience Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"\nThat momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.\n\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"\nThe reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.\nAnalysts Raise Price Targets On Adobe Stock\nAt least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.\nMizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.\n\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"\nOn June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.\nHowever, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":2314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167514264,"gmtCreate":1624277079658,"gmtModify":1631884993969,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>I have faith in you ","listText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>I have faith in you ","text":"$Ford(F)$I have faith in you","images":[{"img":"https://static.tigerbbs.com/f4d4ebc62d3a2518803054d648938a6d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/167514264","isVote":1,"tweetType":1,"viewCount":2139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117668388,"gmtCreate":1623138810344,"gmtModify":1631893766851,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"Lol...","listText":"Lol...","text":"Lol...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117668388","repostId":"1170180025","repostType":4,"repost":{"id":"1170180025","kind":"news","pubTimestamp":1623137843,"share":"https://www.laohu8.com/m/news/1170180025?lang=zh_CN&edition=full","pubTime":"2021-06-08 15:37","market":"us","language":"en","title":"6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170180025","media":"Motley Fool","summary":"It's not just about money. This company could change millions of lives for the better.\n\nIt's not eve","content":"<p> <b>It's not just about money. This company could change millions of lives for the better.</b> It's not every day that a news event involving the stock market has the potential to change the lives of millions of people for the better. But that's what happened today, and although the decision involves some controversy, the latest approval from the U.S. Food and Drug Administration paves the way for a potential breakthrough for the more than 6 million Americans who suffer from a terrible and debilitating illness.</p><p><blockquote><b>这不仅仅是钱的问题。这家公司可以让数百万人的生活变得更好。</b>并不是每天都有涉及股市的新闻事件有可能让数百万人的生活变得更好。但这就是今天发生的事情,尽管这个决定涉及一些争议,但美国的最新批准。美国食品药品监督管理局为600多万患有可怕和使人虚弱的疾病的美国人的潜在突破铺平了道路。</blockquote></p><p> To be clear, the entire stock market didn't celebrate the news. The<b>Dow Jones Industrial Average</b> and<b>S&P 500</b>were both down on the day, although gains for the<b>Nasdaq Composite</b> were nice to see.</p><p><blockquote>需要明确的是,整个股市并没有庆祝这个消息。The<b>道琼斯工业平均指数</b>和<b>标普500</b>当天均下跌,尽管上涨<b>纳斯达克复合材料</b>很高兴见到你。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/181bcc06eb97d19baf436292a1eb2331\" tg-width=\"793\" tg-height=\"292\">Indeed, the Nasdaq's gain came in part from the performance of the high-flying stock in question.<b>Biogen</b>(NASDAQ:BIIB)surged higher by more than 38% on Monday, and the gains came on hopes that the company might finally be able to solve the problem of Alzheimer's disease once and for all.</p><p><blockquote>事实上,纳斯达克的收益部分来自于相关股票的表现。<b>Biogen</b>(纳斯达克:BIIB)周一大涨逾38%,上涨源于该公司最终可能能够一劳永逸地解决阿尔茨海默病问题的希望。</blockquote></p><p> <b>An approval for Biogen</b></p><p><blockquote><b>Biogen的批准</b></blockquote></p><p> Biogen's stock soared after a long trading halt that lasted nearly three hours. At noon EDT,Biogen issued a press releasethat announced the FDA's accelerated approval of its aducanumab-avwa treatment for Alzheimer's disease. Using the marketing name Aduhelm for the drug, Biogen claimed the status as having the first and only Alzheimer's treatment addressing what it called \"a defining pathology of the disease\" by reducing amyloid beta plaque levels in patients' brains.</p><p><blockquote>百健(Biogen)的股价在持续近三个小时的长时间停牌后飙升。美国东部时间中午,百健(Biogen)发布新闻稿,宣布FDA加速批准其aducanumab-avwa治疗阿尔茨海默病的药物。百健(Biogen)使用该药物的营销名称Aduhelm,声称该药物是第一种也是唯一一种通过降低患者大脑中β淀粉样蛋白斑块水平来解决其所谓的“该疾病的定义病理学”的阿尔茨海默病治疗方法。</blockquote></p><p> Biogen said that the FDA issued the accelerated approval based on clinical trial data demonstrating plaque reduction. It'll be up to continuing studies to verify that success in fighting amyloid beta plaque will actually reduce the rate of clinical decline that Alzheimer's disease patients suffer.</p><p><blockquote>Biogen表示,FDA发布加速批准是基于临床试验数据证明斑块减少。这将取决于持续的研究来验证成功对抗淀粉样β斑块实际上会降低阿尔茨海默病患者的临床衰退率。</blockquote></p><p> CEO Michel Vounatsos calling the approval a \"historic moment\" and celebrated the decade-long work of numerous researchers. Officials at<b>Eisai</b>(OTC:ESALY), which has worked together with Biogen on the treatment, were similarly pleased. Eisai stock jumped as much as 70% in over-the-counter trading.</p><p><blockquote>首席执行官Michel Vounatsos称这一批准是一个“历史性时刻”,并庆祝了众多研究人员长达十年的工作。官员在<b>卫材</b>(OTC:ESALY)与百健(Biogen)合作进行治疗,也同样感到高兴。卫材股价在场外交易中上涨了70%。</blockquote></p><p> <b>Why Biogen's win is controversial</b></p><p><blockquote><b>为什么百健(Biogen)的胜利存在争议</b></blockquote></p><p> Yet others remain skeptical about Biogen's victory. Although the company has done a good job of showing the direct impact of the treatment on amyloid protein formation, making the further link to demonstrate actual improvement in Alzheimer's symptoms like cognitive ability has been more elusive. In fact,past trials have specifically failedto establish statistically significant benefits.</p><p><blockquote>然而,其他人仍然对百健的胜利持怀疑态度。尽管该公司在展示治疗对淀粉样蛋白形成的直接影响方面做得很好,但进一步证明认知能力等阿尔茨海默氏症症状的实际改善却更加难以捉摸。事实上,过去的试验未能确定统计学上显著的益处。</blockquote></p><p> Also unusual is the extent of disagreement among researchers in the field.A panel of independent experts wasn't convincedwhen presented with Aduhelm's results that the treatment could directly improve symptoms.</p><p><blockquote>同样不寻常的是该领域研究人员之间的分歧程度。当看到Aduhelm的结果时,一个独立专家小组并不相信这种治疗可以直接改善症状。</blockquote></p><p> Nevertheless, Biogen can expect sales of Aduhelm to be brisk. With the only approved treatment on the market, Biogen will have many medical professionals looking to try it even if they're skeptical about its eventual impact. That will inevitably produce billions of dollars in revenue for Biogen while allowing the company to continue collecting data on any positive impacts of the treatment on patients.</p><p><blockquote>尽管如此,Biogen预计Aduhelm的销售将会很活跃。作为市场上唯一被批准的治疗方法,Biogen将有许多医疗专业人士寻求尝试它,即使他们对其最终影响持怀疑态度。这将不可避免地为百健(Biogen)带来数十亿美元的收入,同时使该公司能够继续收集有关治疗对患者的任何积极影响的数据。</blockquote></p><p> <b>Hoping for a cure</b></p><p><blockquote><b>希望找到治愈方法</b></blockquote></p><p> It's precisely because so much is on the line for so many people that Biogen's Alzheimer's treatment generates such strong emotion. Nevertheless, everyone has to be hoping that Aduhelm will be able to prove itself once and for all and start providing relief for those who suffer from the disease.</p><p><blockquote>正是因为如此多的人面临如此多的风险,Biogen的阿尔茨海默氏症治疗产生了如此强烈的情感。然而,每个人都希望Aduhelm能够一劳永逸地证明自己,并开始为那些患有这种疾病的人提供救济。</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>6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</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\">\n6 Million Americans Are Rooting for Monday's Big Stock Market Winner<blockquote>600万美国人支持周一股市大赢家</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\">2021-06-08 15:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>It's not just about money. This company could change millions of lives for the better.</b> It's not every day that a news event involving the stock market has the potential to change the lives of millions of people for the better. But that's what happened today, and although the decision involves some controversy, the latest approval from the U.S. Food and Drug Administration paves the way for a potential breakthrough for the more than 6 million Americans who suffer from a terrible and debilitating illness.</p><p><blockquote><b>这不仅仅是钱的问题。这家公司可以让数百万人的生活变得更好。</b>并不是每天都有涉及股市的新闻事件有可能让数百万人的生活变得更好。但这就是今天发生的事情,尽管这个决定涉及一些争议,但美国的最新批准。美国食品药品监督管理局为600多万患有可怕和使人虚弱的疾病的美国人的潜在突破铺平了道路。</blockquote></p><p> To be clear, the entire stock market didn't celebrate the news. The<b>Dow Jones Industrial Average</b> and<b>S&P 500</b>were both down on the day, although gains for the<b>Nasdaq Composite</b> were nice to see.</p><p><blockquote>需要明确的是,整个股市并没有庆祝这个消息。The<b>道琼斯工业平均指数</b>和<b>标普500</b>当天均下跌,尽管上涨<b>纳斯达克复合材料</b>很高兴见到你。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/181bcc06eb97d19baf436292a1eb2331\" tg-width=\"793\" tg-height=\"292\">Indeed, the Nasdaq's gain came in part from the performance of the high-flying stock in question.<b>Biogen</b>(NASDAQ:BIIB)surged higher by more than 38% on Monday, and the gains came on hopes that the company might finally be able to solve the problem of Alzheimer's disease once and for all.</p><p><blockquote>事实上,纳斯达克的收益部分来自于相关股票的表现。<b>Biogen</b>(纳斯达克:BIIB)周一大涨逾38%,上涨源于该公司最终可能能够一劳永逸地解决阿尔茨海默病问题的希望。</blockquote></p><p> <b>An approval for Biogen</b></p><p><blockquote><b>Biogen的批准</b></blockquote></p><p> Biogen's stock soared after a long trading halt that lasted nearly three hours. At noon EDT,Biogen issued a press releasethat announced the FDA's accelerated approval of its aducanumab-avwa treatment for Alzheimer's disease. Using the marketing name Aduhelm for the drug, Biogen claimed the status as having the first and only Alzheimer's treatment addressing what it called \"a defining pathology of the disease\" by reducing amyloid beta plaque levels in patients' brains.</p><p><blockquote>百健(Biogen)的股价在持续近三个小时的长时间停牌后飙升。美国东部时间中午,百健(Biogen)发布新闻稿,宣布FDA加速批准其aducanumab-avwa治疗阿尔茨海默病的药物。百健(Biogen)使用该药物的营销名称Aduhelm,声称该药物是第一种也是唯一一种通过降低患者大脑中β淀粉样蛋白斑块水平来解决其所谓的“该疾病的定义病理学”的阿尔茨海默病治疗方法。</blockquote></p><p> Biogen said that the FDA issued the accelerated approval based on clinical trial data demonstrating plaque reduction. It'll be up to continuing studies to verify that success in fighting amyloid beta plaque will actually reduce the rate of clinical decline that Alzheimer's disease patients suffer.</p><p><blockquote>Biogen表示,FDA发布加速批准是基于临床试验数据证明斑块减少。这将取决于持续的研究来验证成功对抗淀粉样β斑块实际上会降低阿尔茨海默病患者的临床衰退率。</blockquote></p><p> CEO Michel Vounatsos calling the approval a \"historic moment\" and celebrated the decade-long work of numerous researchers. Officials at<b>Eisai</b>(OTC:ESALY), which has worked together with Biogen on the treatment, were similarly pleased. Eisai stock jumped as much as 70% in over-the-counter trading.</p><p><blockquote>首席执行官Michel Vounatsos称这一批准是一个“历史性时刻”,并庆祝了众多研究人员长达十年的工作。官员在<b>卫材</b>(OTC:ESALY)与百健(Biogen)合作进行治疗,也同样感到高兴。卫材股价在场外交易中上涨了70%。</blockquote></p><p> <b>Why Biogen's win is controversial</b></p><p><blockquote><b>为什么百健(Biogen)的胜利存在争议</b></blockquote></p><p> Yet others remain skeptical about Biogen's victory. Although the company has done a good job of showing the direct impact of the treatment on amyloid protein formation, making the further link to demonstrate actual improvement in Alzheimer's symptoms like cognitive ability has been more elusive. In fact,past trials have specifically failedto establish statistically significant benefits.</p><p><blockquote>然而,其他人仍然对百健的胜利持怀疑态度。尽管该公司在展示治疗对淀粉样蛋白形成的直接影响方面做得很好,但进一步证明认知能力等阿尔茨海默氏症症状的实际改善却更加难以捉摸。事实上,过去的试验未能确定统计学上显著的益处。</blockquote></p><p> Also unusual is the extent of disagreement among researchers in the field.A panel of independent experts wasn't convincedwhen presented with Aduhelm's results that the treatment could directly improve symptoms.</p><p><blockquote>同样不寻常的是该领域研究人员之间的分歧程度。当看到Aduhelm的结果时,一个独立专家小组并不相信这种治疗可以直接改善症状。</blockquote></p><p> Nevertheless, Biogen can expect sales of Aduhelm to be brisk. With the only approved treatment on the market, Biogen will have many medical professionals looking to try it even if they're skeptical about its eventual impact. That will inevitably produce billions of dollars in revenue for Biogen while allowing the company to continue collecting data on any positive impacts of the treatment on patients.</p><p><blockquote>尽管如此,Biogen预计Aduhelm的销售将会很活跃。作为市场上唯一被批准的治疗方法,Biogen将有许多医疗专业人士寻求尝试它,即使他们对其最终影响持怀疑态度。这将不可避免地为百健(Biogen)带来数十亿美元的收入,同时使该公司能够继续收集有关治疗对患者的任何积极影响的数据。</blockquote></p><p> <b>Hoping for a cure</b></p><p><blockquote><b>希望找到治愈方法</b></blockquote></p><p> It's precisely because so much is on the line for so many people that Biogen's Alzheimer's treatment generates such strong emotion. Nevertheless, everyone has to be hoping that Aduhelm will be able to prove itself once and for all and start providing relief for those who suffer from the disease.</p><p><blockquote>正是因为如此多的人面临如此多的风险,Biogen的阿尔茨海默氏症治疗产生了如此强烈的情感。然而,每个人都希望Aduhelm能够一劳永逸地证明自己,并开始为那些患有这种疾病的人提供救济。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/06/07/6-million-americans-are-rooting-for-mondays-big-st/\">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":{"BIIB":"渤健公司"},"source_url":"https://www.fool.com/investing/2021/06/07/6-million-americans-are-rooting-for-mondays-big-st/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170180025","content_text":"It's not just about money. This company could change millions of lives for the better.\n\nIt's not every day that a news event involving the stock market has the potential to change the lives of millions of people for the better. But that's what happened today, and although the decision involves some controversy, the latest approval from the U.S. Food and Drug Administration paves the way for a potential breakthrough for the more than 6 million Americans who suffer from a terrible and debilitating illness.\nTo be clear, the entire stock market didn't celebrate the news. TheDow Jones Industrial Average andS&P 500were both down on the day, although gains for theNasdaq Composite were nice to see.\nIndeed, the Nasdaq's gain came in part from the performance of the high-flying stock in question.Biogen(NASDAQ:BIIB)surged higher by more than 38% on Monday, and the gains came on hopes that the company might finally be able to solve the problem of Alzheimer's disease once and for all.\nAn approval for Biogen\nBiogen's stock soared after a long trading halt that lasted nearly three hours. At noon EDT,Biogen issued a press releasethat announced the FDA's accelerated approval of its aducanumab-avwa treatment for Alzheimer's disease. Using the marketing name Aduhelm for the drug, Biogen claimed the status as having the first and only Alzheimer's treatment addressing what it called \"a defining pathology of the disease\" by reducing amyloid beta plaque levels in patients' brains.\nBiogen said that the FDA issued the accelerated approval based on clinical trial data demonstrating plaque reduction. It'll be up to continuing studies to verify that success in fighting amyloid beta plaque will actually reduce the rate of clinical decline that Alzheimer's disease patients suffer.\nCEO Michel Vounatsos calling the approval a \"historic moment\" and celebrated the decade-long work of numerous researchers. Officials atEisai(OTC:ESALY), which has worked together with Biogen on the treatment, were similarly pleased. Eisai stock jumped as much as 70% in over-the-counter trading.\nWhy Biogen's win is controversial\nYet others remain skeptical about Biogen's victory. Although the company has done a good job of showing the direct impact of the treatment on amyloid protein formation, making the further link to demonstrate actual improvement in Alzheimer's symptoms like cognitive ability has been more elusive. In fact,past trials have specifically failedto establish statistically significant benefits.\nAlso unusual is the extent of disagreement among researchers in the field.A panel of independent experts wasn't convincedwhen presented with Aduhelm's results that the treatment could directly improve symptoms.\nNevertheless, Biogen can expect sales of Aduhelm to be brisk. With the only approved treatment on the market, Biogen will have many medical professionals looking to try it even if they're skeptical about its eventual impact. That will inevitably produce billions of dollars in revenue for Biogen while allowing the company to continue collecting data on any positive impacts of the treatment on patients.\nHoping for a cure\nIt's precisely because so much is on the line for so many people that Biogen's Alzheimer's treatment generates such strong emotion. Nevertheless, everyone has to be hoping that Aduhelm will be able to prove itself once and for all and start providing relief for those who suffer from the disease.","news_type":1,"symbols_score_info":{"BIIB":0.9}},"isVote":1,"tweetType":1,"viewCount":603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120767047,"gmtCreate":1624338245789,"gmtModify":1631884993951,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>come on, we are getting there! ","listText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>come on, we are getting there! ","text":"$Ford(F)$come on, we are getting there!","images":[{"img":"https://static.tigerbbs.com/04198eac3ee6997252ffc324ba95f070","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120767047","isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189484125,"gmtCreate":1623285490267,"gmtModify":1631893012599,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>when will this rise again ","listText":"<a href=\"https://laohu8.com/S/CAN\">$Canaan Inc.(CAN)$</a>when will this rise again ","text":"$Canaan Inc.(CAN)$when will this rise again","images":[{"img":"https://static.tigerbbs.com/a4d3f7ec15c6fac76f52f4ae5be20cf2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189484125","isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":112406140,"gmtCreate":1622896465480,"gmtModify":1631885343345,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>growwwww","listText":"<a 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17:52","market":"us","language":"en","title":"\"We Took Out The June 2007 Highs\": Morgan Stanley's Sell Signal Just Hit An All Time High<blockquote>“我们打破了2007年6月的高点”:摩根士丹利的卖出信号刚刚创下历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194257742","media":"zerohedge","summary":"For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly be","content":"<p>For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly bearish on stocks, with the pessimistic sentimentplateauing earlier this weekwhen chief equity strategist Michael Wilson said that there is far too much optimism in the market, and that while earnings are slowly rising, forward PE multiples are far too high and are set to slide, with \"the de-rating about 75% to go or an approximate 15% decline in P/Es from here.\" As a result, in Wilson's view - which is rapidly emerging as the most bearish on Wall Street - \"<b>earnings revisions will not be able to offset that de-rating, leaving the overall market vulnerable to a 10-15 % correction over the next 6 months.\"</b></p><p><blockquote>过去几个月,摩根士丹利的基本面分析师对股市的悲观情绪越来越悲观,本周早些时候,首席股票策略师迈克尔·威尔逊(Michael Wilson)表示,市场上过于乐观,而盈利正在缓慢上升,远期市盈率太高,并且将会下滑,“评级将下调约75%,市盈率将下降约15%。”因此,在威尔逊看来——这正迅速成为华尔街最悲观的人——”<b>盈利修正将无法抵消评级下调的影响,导致整体市场在未来6个月内容易出现10-15%的调整。”</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f72ac2b1254473a56a44d443d5b0af2e\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\">It now appears that Morgan Stanley's fundamental bearishness has spilled over into the bank's technical analyst team and as the bank's chief Euro equity Strategist Matthew Garman writes,<b>for only the fifth time in over 30 years, each of Morgan Stanley's five market timing indicators are giving a sell signal at the same time.</b></p><p><blockquote>现在看来,摩根士丹利的基本面看跌情绪已经蔓延到该行的技术分析师团队,正如该行首席欧元股票策略师马修·加曼所写,<b>30多年来,摩根士丹利的五个市场时机指标中的每一个都同时发出卖出信号,这是第五次。</b></blockquote></p><p> Not only that, but the bank's Combined Market Timing Indicator - which has been in sell territory since March - just hit a new all time high of 1.19, surpassing the previous record high seen in June-2007, right around the time of the first great quant crash and before the market collapsed.</p><p><blockquote>不仅如此,该银行的综合市场时机指标(自3月份以来一直处于卖出区域)刚刚创下1.19的历史新高,超过了2007年6月创下的历史新高,当时正值第一次大规模量化崩盘和市场崩溃之前。</blockquote></p><p> According to Garman, the only time equities have risen after a \"Full House\" Sell Signal was in Feb 17, shortly after the Shanghai Accord kicked in to prevent a global recession. The other previous occasions where there was a \"Full House\" Sell Signal were Mar-90, May-92, Jun-07. According to MS,<b>\"in the 6M post the initial Full House Sell Signal, MSCI Europe has fallen on average 6%</b>.\"</p><p><blockquote>加曼表示,股市唯一一次在“满座”卖出信号后上涨是在2月17日,即防止全球经济衰退的上海协议生效后不久。之前出现“满座”卖出信号的其他场合是1990年3月、1992年5月、2007年6月。根据MS的说法,<b>“在最初的满仓抛售信号后的600万美元中,MSCI欧洲平均下跌了6%。”</b>.\"</blockquote></p><p> <img src=\"https://static.tigerbbs.com/840d972b24ae257679bd7334982d19d8\" tg-width=\"1130\" tg-height=\"415\" referrerpolicy=\"no-referrer\">So with every in house risk indicator screaming sell, does that mean that Morgan Stanley will have the balls to tell its clients to sell? Why of course not, because in this market where stuff like the AMC, GameStop and Bed Bath squeezes force analysts to admit they no longer have any idea what's going on...</p><p><blockquote>那么,随着每一个内部风险指标都尖叫着卖出,这是否意味着摩根士丹利将有胆量告诉其客户卖出?为什么当然不是,因为在这个市场上,像AMC、游戏驿站和Bed Bath这样的东西挤压迫使分析师承认他们不再知道发生了什么……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79e9d638925af010cddcb25105f8a4b0\" tg-width=\"500\" tg-height=\"471\" referrerpolicy=\"no-referrer\">... Morgan Stanley is keeping the hope and assuming that the current period will be similar to 2017 - the only other time when a massive sell signal did not result in a market plunge.</p><p><blockquote>...摩根士丹利仍然抱有希望,并假设当前时期将与2017年类似——这是唯一一次大规模卖出信号没有导致市场暴跌。</blockquote></p><p> <i>Back in 2017, we remained constructive despite the signal given i) strong EPS growth, ii) an early cycle environment, iii) EU inflows, iv) low sentiment and v) a rise in M&A. Sentiment metrics may look more elevated than in 2017, but many of those factors remain in place today. While we see a trickier risk-reward for equities globally, we maintain our view that there is a compelling case for Europe to outperform global peers.</i> Yet even Morgan Stanley is forced to admit that while Defensives may just scrape by after a record sell signal, cyclicals are about to be hammered. The next chart shows the relative performance of Cyclicals versus Defensives after a Full House Sell Signal on. As MS notes, \"perhaps unsurprisingly, given the poor performance at the market level, Cyclicals have struggled. In the 6M post the four initial Full House Sell Signals, Cyclicals have underperformed Defensives on average 12%, and this drops to -15% looking at any day</p><p><blockquote><i>早在2017年,尽管发出了i)每股收益强劲增长、ii)早期周期环境、iii)欧盟资金流入、iv)情绪低迷以及v)并购增加的信号,但我们仍然保持建设性态度。情绪指标可能看起来比2017年更高,但其中许多因素今天仍然存在。尽管我们认为全球股市的风险回报更加棘手,但我们仍然认为欧洲有令人信服的理由跑赢全球同行。</i>然而,就连摩根士丹利也被迫承认,虽然防御性股票在创纪录的卖出信号后可能只是勉强度日,但周期性股票即将受到重创。下图显示了满仓卖出信号后周期性股票与防御性股票的相对表现。正如微软指出的,“考虑到市场层面的糟糕表现,周期类股一直在苦苦挣扎,这也许并不奇怪。在最初四次抛售信号发出后的600万个交易日里,周期类股的表现平均落后于防御性股12%,而这一比例在任何一天都会降至-15%</blockquote></p><p> when the MTIs have all said sell at the same time.\"</p><p><blockquote>当MTI都同时表示卖出时。”</blockquote></p><p> This was true even in 2017 when equity markets rose: \"we previously cited similarities with the 2017 Full House Sell Signal as reasons to not get overly cautious on equity markets in aggregate at this moment in time. After the February-2017 Full House Sell Signal, MSCI Europe continued to rise pretty consistently through the rest of the year. However, despite strong performance from the market in aggregate, the performance of Cyclicals versus Defensives was much poorer. Between February and June 2017 Cyclicals underperformed Defensives by 6%.\"</p><p><blockquote>即使在2017年股市上涨时也是如此:“我们之前引用了与2017年全面抛售信号的相似之处,作为目前不要对整体股市过于谨慎的理由。在2017年2月的全面抛售信号之后,摩根士丹利资本国际欧洲指数在今年剩余时间里继续持续上涨。然而,尽管市场整体表现强劲,但周期性股票相对于防御性股票的表现要差得多。2017年2月至6月期间,周期性股票的表现落后防御性股票6%。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dcf00cdefd33fef071981aa4a5547a7\" tg-width=\"1084\" tg-height=\"387\" referrerpolicy=\"no-referrer\">It's not just the bank's sell signal that is prompting concerns about the future returns of cyclicals: Borrowing a page from our own warnings (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\"), Morgan Stanley looks at \"a number of China data points which are giving warning signs\" first and foremost the collapse in China's credit impulse, to wit:</p><p><blockquote>引发人们对周期性股票未来回报担忧的不仅仅是央行的卖出信号:借用我们自己的警告(参见“中国的信贷冲动刚刚转为负面,释放全球通缩冲击波”),摩根士丹利着眼于“一些中国数据点发出警告信号”,首先是中国信贷冲动的崩溃,即:</blockquote></p><p></p><p> While credit tightening has been front-loaded in 1H21, as outlined here, our economists remain constructive on China's growth recovery. Having said that, a number of Chinese data points do suggest the Cyclical bounce looks overextended.<b>China's credit impulse has just turned negative, and historically this has provided a lead indicator for the year-on-year performance of European Cyclicals (Exhibit 5).</b>Similarly, the relative performance of Cyclicals versus Defensives has closely tracked moves in Chinese 10Y bond yields, which are now at their lowest levels since September 2020, standing in sharp contrast to the performance of Cyclicals.</p><p><blockquote>尽管信贷紧缩已在2021年上半年提前实施,但我们的经济学家对中国的增长复苏仍持建设性态度。话虽如此,一些中国数据确实表明周期性反弹看起来过度。<b>中国的信贷冲动刚刚转负,从历史上看,这为欧洲周期类股的同比表现提供了领先指标(图表5)。</b>同样,周期性股票与防御性股票的相对表现密切跟踪中国10年期债券收益率的走势,目前中国10年期债券收益率处于2020年9月以来的最低水平,与周期性股票的表现形成鲜明对比。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c85032415626480364933f91dda387bf\" tg-width=\"1065\" tg-height=\"409\"></p><p><blockquote></blockquote></p><p> Putting it all together, readers have to ask themselves if what is coming will be an analog of the one and only episode on history when the market did not plunge after all Morgan Stanley market timing indicators hit a sell (and were at an all time high), or will this case be similar to Mar-90, May-92, Jun-07 when the outcome was anything but a happy ending.</p><p><blockquote>综上所述,读者不得不问自己,即将到来的事件是否会类似于历史上唯一一次在摩根士丹利所有市场时机指标都达到卖出(并处于历史高位)后市场没有暴跌的事件,或者这种情况会类似于1990年3月、1992年5月、2007年6月,结果绝不是一个幸福的结局。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\n\"We Took Out The June 2007 Highs\": Morgan Stanley's Sell Signal Just Hit An All Time High<blockquote>“我们打破了2007年6月的高点”:摩根士丹利的卖出信号刚刚创下历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-07 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly bearish on stocks, with the pessimistic sentimentplateauing earlier this weekwhen chief equity strategist Michael Wilson said that there is far too much optimism in the market, and that while earnings are slowly rising, forward PE multiples are far too high and are set to slide, with \"the de-rating about 75% to go or an approximate 15% decline in P/Es from here.\" As a result, in Wilson's view - which is rapidly emerging as the most bearish on Wall Street - \"<b>earnings revisions will not be able to offset that de-rating, leaving the overall market vulnerable to a 10-15 % correction over the next 6 months.\"</b></p><p><blockquote>过去几个月,摩根士丹利的基本面分析师对股市的悲观情绪越来越悲观,本周早些时候,首席股票策略师迈克尔·威尔逊(Michael Wilson)表示,市场上过于乐观,而盈利正在缓慢上升,远期市盈率太高,并且将会下滑,“评级将下调约75%,市盈率将下降约15%。”因此,在威尔逊看来——这正迅速成为华尔街最悲观的人——”<b>盈利修正将无法抵消评级下调的影响,导致整体市场在未来6个月内容易出现10-15%的调整。”</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/f72ac2b1254473a56a44d443d5b0af2e\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\">It now appears that Morgan Stanley's fundamental bearishness has spilled over into the bank's technical analyst team and as the bank's chief Euro equity Strategist Matthew Garman writes,<b>for only the fifth time in over 30 years, each of Morgan Stanley's five market timing indicators are giving a sell signal at the same time.</b></p><p><blockquote>现在看来,摩根士丹利的基本面看跌情绪已经蔓延到该行的技术分析师团队,正如该行首席欧元股票策略师马修·加曼所写,<b>30多年来,摩根士丹利的五个市场时机指标中的每一个都同时发出卖出信号,这是第五次。</b></blockquote></p><p> Not only that, but the bank's Combined Market Timing Indicator - which has been in sell territory since March - just hit a new all time high of 1.19, surpassing the previous record high seen in June-2007, right around the time of the first great quant crash and before the market collapsed.</p><p><blockquote>不仅如此,该银行的综合市场时机指标(自3月份以来一直处于卖出区域)刚刚创下1.19的历史新高,超过了2007年6月创下的历史新高,当时正值第一次大规模量化崩盘和市场崩溃之前。</blockquote></p><p> According to Garman, the only time equities have risen after a \"Full House\" Sell Signal was in Feb 17, shortly after the Shanghai Accord kicked in to prevent a global recession. The other previous occasions where there was a \"Full House\" Sell Signal were Mar-90, May-92, Jun-07. According to MS,<b>\"in the 6M post the initial Full House Sell Signal, MSCI Europe has fallen on average 6%</b>.\"</p><p><blockquote>加曼表示,股市唯一一次在“满座”卖出信号后上涨是在2月17日,即防止全球经济衰退的上海协议生效后不久。之前出现“满座”卖出信号的其他场合是1990年3月、1992年5月、2007年6月。根据MS的说法,<b>“在最初的满仓抛售信号后的600万美元中,MSCI欧洲平均下跌了6%。”</b>.\"</blockquote></p><p> <img src=\"https://static.tigerbbs.com/840d972b24ae257679bd7334982d19d8\" tg-width=\"1130\" tg-height=\"415\" referrerpolicy=\"no-referrer\">So with every in house risk indicator screaming sell, does that mean that Morgan Stanley will have the balls to tell its clients to sell? Why of course not, because in this market where stuff like the AMC, GameStop and Bed Bath squeezes force analysts to admit they no longer have any idea what's going on...</p><p><blockquote>那么,随着每一个内部风险指标都尖叫着卖出,这是否意味着摩根士丹利将有胆量告诉其客户卖出?为什么当然不是,因为在这个市场上,像AMC、游戏驿站和Bed Bath这样的东西挤压迫使分析师承认他们不再知道发生了什么……</blockquote></p><p> <img src=\"https://static.tigerbbs.com/79e9d638925af010cddcb25105f8a4b0\" tg-width=\"500\" tg-height=\"471\" referrerpolicy=\"no-referrer\">... Morgan Stanley is keeping the hope and assuming that the current period will be similar to 2017 - the only other time when a massive sell signal did not result in a market plunge.</p><p><blockquote>...摩根士丹利仍然抱有希望,并假设当前时期将与2017年类似——这是唯一一次大规模卖出信号没有导致市场暴跌。</blockquote></p><p> <i>Back in 2017, we remained constructive despite the signal given i) strong EPS growth, ii) an early cycle environment, iii) EU inflows, iv) low sentiment and v) a rise in M&A. Sentiment metrics may look more elevated than in 2017, but many of those factors remain in place today. While we see a trickier risk-reward for equities globally, we maintain our view that there is a compelling case for Europe to outperform global peers.</i> Yet even Morgan Stanley is forced to admit that while Defensives may just scrape by after a record sell signal, cyclicals are about to be hammered. The next chart shows the relative performance of Cyclicals versus Defensives after a Full House Sell Signal on. As MS notes, \"perhaps unsurprisingly, given the poor performance at the market level, Cyclicals have struggled. In the 6M post the four initial Full House Sell Signals, Cyclicals have underperformed Defensives on average 12%, and this drops to -15% looking at any day</p><p><blockquote><i>早在2017年,尽管发出了i)每股收益强劲增长、ii)早期周期环境、iii)欧盟资金流入、iv)情绪低迷以及v)并购增加的信号,但我们仍然保持建设性态度。情绪指标可能看起来比2017年更高,但其中许多因素今天仍然存在。尽管我们认为全球股市的风险回报更加棘手,但我们仍然认为欧洲有令人信服的理由跑赢全球同行。</i>然而,就连摩根士丹利也被迫承认,虽然防御性股票在创纪录的卖出信号后可能只是勉强度日,但周期性股票即将受到重创。下图显示了满仓卖出信号后周期性股票与防御性股票的相对表现。正如微软指出的,“考虑到市场层面的糟糕表现,周期类股一直在苦苦挣扎,这也许并不奇怪。在最初四次抛售信号发出后的600万个交易日里,周期类股的表现平均落后于防御性股12%,而这一比例在任何一天都会降至-15%</blockquote></p><p> when the MTIs have all said sell at the same time.\"</p><p><blockquote>当MTI都同时表示卖出时。”</blockquote></p><p> This was true even in 2017 when equity markets rose: \"we previously cited similarities with the 2017 Full House Sell Signal as reasons to not get overly cautious on equity markets in aggregate at this moment in time. After the February-2017 Full House Sell Signal, MSCI Europe continued to rise pretty consistently through the rest of the year. However, despite strong performance from the market in aggregate, the performance of Cyclicals versus Defensives was much poorer. Between February and June 2017 Cyclicals underperformed Defensives by 6%.\"</p><p><blockquote>即使在2017年股市上涨时也是如此:“我们之前引用了与2017年全面抛售信号的相似之处,作为目前不要对整体股市过于谨慎的理由。在2017年2月的全面抛售信号之后,摩根士丹利资本国际欧洲指数在今年剩余时间里继续持续上涨。然而,尽管市场整体表现强劲,但周期性股票相对于防御性股票的表现要差得多。2017年2月至6月期间,周期性股票的表现落后防御性股票6%。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8dcf00cdefd33fef071981aa4a5547a7\" tg-width=\"1084\" tg-height=\"387\" referrerpolicy=\"no-referrer\">It's not just the bank's sell signal that is prompting concerns about the future returns of cyclicals: Borrowing a page from our own warnings (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\"), Morgan Stanley looks at \"a number of China data points which are giving warning signs\" first and foremost the collapse in China's credit impulse, to wit:</p><p><blockquote>引发人们对周期性股票未来回报担忧的不仅仅是央行的卖出信号:借用我们自己的警告(参见“中国的信贷冲动刚刚转为负面,释放全球通缩冲击波”),摩根士丹利着眼于“一些中国数据点发出警告信号”,首先是中国信贷冲动的崩溃,即:</blockquote></p><p></p><p> While credit tightening has been front-loaded in 1H21, as outlined here, our economists remain constructive on China's growth recovery. Having said that, a number of Chinese data points do suggest the Cyclical bounce looks overextended.<b>China's credit impulse has just turned negative, and historically this has provided a lead indicator for the year-on-year performance of European Cyclicals (Exhibit 5).</b>Similarly, the relative performance of Cyclicals versus Defensives has closely tracked moves in Chinese 10Y bond yields, which are now at their lowest levels since September 2020, standing in sharp contrast to the performance of Cyclicals.</p><p><blockquote>尽管信贷紧缩已在2021年上半年提前实施,但我们的经济学家对中国的增长复苏仍持建设性态度。话虽如此,一些中国数据确实表明周期性反弹看起来过度。<b>中国的信贷冲动刚刚转负,从历史上看,这为欧洲周期类股的同比表现提供了领先指标(图表5)。</b>同样,周期性股票与防御性股票的相对表现密切跟踪中国10年期债券收益率的走势,目前中国10年期债券收益率处于2020年9月以来的最低水平,与周期性股票的表现形成鲜明对比。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c85032415626480364933f91dda387bf\" tg-width=\"1065\" tg-height=\"409\"></p><p><blockquote></blockquote></p><p> Putting it all together, readers have to ask themselves if what is coming will be an analog of the one and only episode on history when the market did not plunge after all Morgan Stanley market timing indicators hit a sell (and were at an all time high), or will this case be similar to Mar-90, May-92, Jun-07 when the outcome was anything but a happy ending.</p><p><blockquote>综上所述,读者不得不问自己,即将到来的事件是否会类似于历史上唯一一次在摩根士丹利所有市场时机指标都达到卖出(并处于历史高位)后市场没有暴跌的事件,或者这种情况会类似于1990年3月、1992年5月、2007年6月,结果绝不是一个幸福的结局。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.zerohedge.com/markets/we-took-out-june-2007-highs-morgan-stanleys-sell-signal-just-hit-all-time-high\">zerohedge</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","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/we-took-out-june-2007-highs-morgan-stanleys-sell-signal-just-hit-all-time-high","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194257742","content_text":"For the past several months, Morgan Stanley's fundamental analysts have been turning increasingly bearish on stocks, with the pessimistic sentimentplateauing earlier this weekwhen chief equity strategist Michael Wilson said that there is far too much optimism in the market, and that while earnings are slowly rising, forward PE multiples are far too high and are set to slide, with \"the de-rating about 75% to go or an approximate 15% decline in P/Es from here.\" As a result, in Wilson's view - which is rapidly emerging as the most bearish on Wall Street - \"earnings revisions will not be able to offset that de-rating, leaving the overall market vulnerable to a 10-15 % correction over the next 6 months.\"\nIt now appears that Morgan Stanley's fundamental bearishness has spilled over into the bank's technical analyst team and as the bank's chief Euro equity Strategist Matthew Garman writes,for only the fifth time in over 30 years, each of Morgan Stanley's five market timing indicators are giving a sell signal at the same time.\nNot only that, but the bank's Combined Market Timing Indicator - which has been in sell territory since March - just hit a new all time high of 1.19, surpassing the previous record high seen in June-2007, right around the time of the first great quant crash and before the market collapsed.\nAccording to Garman, the only time equities have risen after a \"Full House\" Sell Signal was in Feb 17, shortly after the Shanghai Accord kicked in to prevent a global recession. The other previous occasions where there was a \"Full House\" Sell Signal were Mar-90, May-92, Jun-07. According to MS,\"in the 6M post the initial Full House Sell Signal, MSCI Europe has fallen on average 6%.\"\nSo with every in house risk indicator screaming sell, does that mean that Morgan Stanley will have the balls to tell its clients to sell? Why of course not, because in this market where stuff like the AMC, GameStop and Bed Bath squeezes force analysts to admit they no longer have any idea what's going on...\n... Morgan Stanley is keeping the hope and assuming that the current period will be similar to 2017 - the only other time when a massive sell signal did not result in a market plunge.\n\nBack in 2017, we remained constructive despite the signal given i) strong EPS growth, ii) an early cycle environment, iii) EU inflows, iv) low sentiment and v) a rise in M&A. Sentiment metrics may look more elevated than in 2017, but many of those factors remain in place today. While we see a trickier risk-reward for equities globally, we maintain our view that there is a compelling case for Europe to outperform global peers.\n\nYet even Morgan Stanley is forced to admit that while Defensives may just scrape by after a record sell signal, cyclicals are about to be hammered. The next chart shows the relative performance of Cyclicals versus Defensives after a Full House Sell Signal on. As MS notes, \"perhaps unsurprisingly, given the poor performance at the market level, Cyclicals have struggled. In the 6M post the four initial Full House Sell Signals, Cyclicals have underperformed Defensives on average 12%, and this drops to -15% looking at any day\nwhen the MTIs have all said sell at the same time.\"\nThis was true even in 2017 when equity markets rose: \"we previously cited similarities with the 2017 Full House Sell Signal as reasons to not get overly cautious on equity markets in aggregate at this moment in time. After the February-2017 Full House Sell Signal, MSCI Europe continued to rise pretty consistently through the rest of the year. However, despite strong performance from the market in aggregate, the performance of Cyclicals versus Defensives was much poorer. Between February and June 2017 Cyclicals underperformed Defensives by 6%.\"\nIt's not just the bank's sell signal that is prompting concerns about the future returns of cyclicals: Borrowing a page from our own warnings (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\"), Morgan Stanley looks at \"a number of China data points which are giving warning signs\" first and foremost the collapse in China's credit impulse, to wit:\nWhile credit tightening has been front-loaded in 1H21, as outlined here, our economists remain constructive on China's growth recovery. Having said that, a number of Chinese data points do suggest the Cyclical bounce looks overextended.China's credit impulse has just turned negative, and historically this has provided a lead indicator for the year-on-year performance of European Cyclicals (Exhibit 5).Similarly, the relative performance of Cyclicals versus Defensives has closely tracked moves in Chinese 10Y bond yields, which are now at their lowest levels since September 2020, standing in sharp contrast to the performance of Cyclicals.\n\nPutting it all together, readers have to ask themselves if what is coming will be an analog of the one and only episode on history when the market did not plunge after all Morgan Stanley market timing indicators hit a sell (and were at an all time high), or will this case be similar to Mar-90, May-92, Jun-07 when the outcome was anything but a happy 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我看好","images":[{"img":"https://static.tigerbbs.com/935309074430963d14a05d60fcd80d6c","width":"1080","height":"2742"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162370753","isVote":1,"tweetType":1,"viewCount":1494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":181260787,"gmtCreate":1623396796349,"gmtModify":1631893012558,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"Hmm I'm doubtful ","listText":"Hmm I'm doubtful ","text":"Hmm I'm doubtful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181260787","repostId":"1118350585","repostType":4,"repost":{"id":"1118350585","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623395610,"share":"https://www.laohu8.com/m/news/1118350585?lang=zh_CN&edition=full","pubTime":"2021-06-11 15:13","market":"us","language":"en","title":"Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118350585","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(N","content":"<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p><p><blockquote>凯西·伍德(Cathie Wood)领导的Ark Investment Management周四抢购了更多股票<b>比特币基地全球公司</b>(纳斯达克:COIN)周四下跌。</blockquote></p><p> Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p><p><blockquote>Ark Invest购买了60,813股Coinbase股票,估计价值约1,350万美元,当天该公司股价收盘下跌1.1%,至221.85美元。</blockquote></p><p> Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>伍德的公司部署了<b>方舟创新ETF</b>(纽约证券交易所代码:ARKK)购买加密货币交易所的股票。该投资公司还通过以下方式持有公司股份:<b>方舟下一代互联网ETF</b>(纽约证券交易所代码:ARKW)和<b>方舟金融科技创新ETF</b>(纽约证券交易所代码:ARKF)。</blockquote></p><p> Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p><p><blockquote>Ark的COIN股份目前价值超过10亿美元。相比之下,Ark Invest持有约486万股,价值约29亿美元,在<b>特斯拉公司</b>(纳斯达克:TSLA),其最大持股。</blockquote></p><p> The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p><p><blockquote>该投资公司还抢购了这家总部位于纽约的软件自动化公司的108万股股票,估计价值约8007万美元<b>UiPath公司</b>(纽约证券交易所代码:PATH)当天股价大幅走高。</blockquote></p><p> Shares of the company closed 7.7% higher at $74.03 on Thursday.</p><p><blockquote>该公司股价周四收盘上涨7.7%,至74.03美元。</blockquote></p><p> The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology & Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p><p><blockquote>该投资公司在所有六只主动ETF中持有该公司的股票,但仅部署了其中四只——<b>方舟基因组革命ETF</b>(蝙蝠:ARKG),<b>方舟自主技术与机器人</b>(蝙蝠:ARKQ)<b>,</b>ARKKand ARKW-周四购买股票。</blockquote></p><p> ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p><p><blockquote>ARKG周四购买了242,492股,ARKK购买了604,635股,ARKQ购买了87,472股,ARKW购买了147,038股。</blockquote></p><p> On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p><p><blockquote>截至周四,Ark在合并基础上持有UiPath 738万股股票,价值5.068亿美元。</blockquote></p><p> The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p><p><blockquote>这家总部位于罗马尼亚布加勒斯特的软件公司的产品被组织用来帮助有效地自动化他们的各种业务流程。</blockquote></p><p> Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p><p><blockquote>Ark Invest周四出售的其他一些关键产品包括<b>洲际交易所公司</b>(纽约证券交易所代码:ICE)和购买包括<b>纯存储公司</b>(纽约证券交易所代码:PSTG)。</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>Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</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\">\nCathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares<blockquote>看好比特币的Cathie Wood将Coinbase股份提升至10亿美元以上,抢购更多UiPath股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-06-11 15:13</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p><p><blockquote>凯西·伍德(Cathie Wood)领导的Ark Investment Management周四抢购了更多股票<b>比特币基地全球公司</b>(纳斯达克:COIN)周四下跌。</blockquote></p><p> Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p><p><blockquote>Ark Invest购买了60,813股Coinbase股票,估计价值约1,350万美元,当天该公司股价收盘下跌1.1%,至221.85美元。</blockquote></p><p> Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p><p><blockquote>伍德的公司部署了<b>方舟创新ETF</b>(纽约证券交易所代码:ARKK)购买加密货币交易所的股票。该投资公司还通过以下方式持有公司股份:<b>方舟下一代互联网ETF</b>(纽约证券交易所代码:ARKW)和<b>方舟金融科技创新ETF</b>(纽约证券交易所代码:ARKF)。</blockquote></p><p> Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p><p><blockquote>Ark的COIN股份目前价值超过10亿美元。相比之下,Ark Invest持有约486万股,价值约29亿美元,在<b>特斯拉公司</b>(纳斯达克:TSLA),其最大持股。</blockquote></p><p> The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p><p><blockquote>该投资公司还抢购了这家总部位于纽约的软件自动化公司的108万股股票,估计价值约8007万美元<b>UiPath公司</b>(纽约证券交易所代码:PATH)当天股价大幅走高。</blockquote></p><p> Shares of the company closed 7.7% higher at $74.03 on Thursday.</p><p><blockquote>该公司股价周四收盘上涨7.7%,至74.03美元。</blockquote></p><p> The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology & Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p><p><blockquote>该投资公司在所有六只主动ETF中持有该公司的股票,但仅部署了其中四只——<b>方舟基因组革命ETF</b>(蝙蝠:ARKG),<b>方舟自主技术与机器人</b>(蝙蝠:ARKQ)<b>,</b>ARKKand ARKW-周四购买股票。</blockquote></p><p> ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p><p><blockquote>ARKG周四购买了242,492股,ARKK购买了604,635股,ARKQ购买了87,472股,ARKW购买了147,038股。</blockquote></p><p> On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p><p><blockquote>截至周四,Ark在合并基础上持有UiPath 738万股股票,价值5.068亿美元。</blockquote></p><p> The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p><p><blockquote>这家总部位于罗马尼亚布加勒斯特的软件公司的产品被组织用来帮助有效地自动化他们的各种业务流程。</blockquote></p><p> Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p><p><blockquote>Ark Invest周四出售的其他一些关键产品包括<b>洲际交易所公司</b>(纽约证券交易所代码:ICE)和购买包括<b>纯存储公司</b>(纽约证券交易所代码:PSTG)。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118350585","content_text":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(NASDAQ:COIN) on the dip on Thursday.\nArk Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.\nWood’s firm deployed theArk Innovation ETF(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via theArk Next Generation Internet ETF(NYSE:ARKW) and theArk Fintech Innovation ETF(NYSE:ARKF).\nArk's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, inTesla Inc(NASDAQ:TSLA), its largest holding.\nThe investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation companyUiPath Inc(NYSE:PATH) on the day shares popped higher.\nShares of the company closed 7.7% higher at $74.03 on Thursday.\nThe investment firm holds the shares of the company in all six active ETFs but deployed only four of them — theArk Genomic Revolution ETF(BATS:ARKG), theArk Autonomous Technology & Robotics(BATS:ARKQ),ARKKand ARKW — to buy the shares on Thursday.\nARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.\nOn a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.\nThe products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.\nSome of the other key Ark Invest sells on Thursday includeIntercontinental Exchange Inc(NYSE:ICE) and buys includePure Storage Inc(NYSE:PSTG).","news_type":1,"symbols_score_info":{"PATH":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189460340,"gmtCreate":1623285531380,"gmtModify":1631893012585,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"Drop further pls ","listText":"Drop further pls ","text":"Drop further pls","images":[{"img":"https://static.tigerbbs.com/d9a74ffe029eb719ecaccbc15445da7d","width":"1080","height":"2766"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189460340","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117665304,"gmtCreate":1623138989208,"gmtModify":1631893012613,"author":{"id":"3567466731322784","authorId":"3567466731322784","name":"娜神宝宝","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567466731322784","authorIdStr":"3567466731322784"},"themes":[],"htmlText":"To buy?","listText":"To buy?","text":"To buy?","images":[{"img":"https://static.tigerbbs.com/a9ec6c4d55cf117274dd771ad3a61a13","width":"1080","height":"2679"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117665304","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}