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Lynnhc
2021-08-31
Latest
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Lynnhc
2021-08-25
Like pls.
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Lynnhc
2021-08-23
Like pls
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Lynnhc
2021-08-23
Nice
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Lynnhc
2021-08-20
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Lynnhc
2021-08-19
Latest. Like pls
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Lynnhc
2021-08-18
Iike pls
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Lynnhc
2021-08-16
Latest
Tesla Giga Texas receives fresh IDRA shipment, hints at new Giga Press machines<blockquote>特斯拉 Giga Texas 收到新鲜的 IDRA 货物,暗示将推出新的 Giga 印刷机</blockquote>
Lynnhc
2021-08-16
Latest
Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</blockquote>
Lynnhc
2021-08-15
Latest
These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>
Lynnhc
2021-08-13
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Lynnhc
2021-08-12
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Lynnhc
2021-08-12
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Lynnhc
2021-08-11
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Lynnhc
2021-08-09
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Lynnhc
2021-08-07
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Lynnhc
2021-08-06
Nice
The S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</blockquote>
Lynnhc
2021-08-06
Pls like
The S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</blockquote>
Lynnhc
2021-08-03
Latest
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Lynnhc
2021-08-02
Latest
Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days<blockquote>参议院公布 1 万亿美元两党基础设施法案,预计几天内进行投票</blockquote>
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Like pls ","listText":"Latest. Like pls ","text":"Latest. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831486871","repostId":"1171895751","repostType":4,"isVote":1,"tweetType":1,"viewCount":2756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833526067,"gmtCreate":1629251014459,"gmtModify":1633686224967,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Iike pls ","listText":"Iike pls ","text":"Iike pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833526067","repostId":"2160880977","repostType":4,"isVote":1,"tweetType":1,"viewCount":2523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830459451,"gmtCreate":1629092249973,"gmtModify":1633687452325,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest ","listText":"Latest ","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830459451","repostId":"1111947050","repostType":4,"repost":{"id":"1111947050","kind":"news","pubTimestamp":1629091986,"share":"https://www.laohunote.com/m/news/1111947050?lang=zh_CN&edition=full","pubTime":"2021-08-16 13:33","market":"us","language":"en","title":"Tesla Giga Texas receives fresh IDRA shipment, hints at new Giga Press machines<blockquote>特斯拉 Giga Texas 收到新鲜的 IDRA 货物,暗示将推出新的 Giga 印刷机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1111947050","media":"Teslarati","summary":"A massive IDRA shipment was delivered to Tesla’s Gigafactory Texas site recently. The arrival of ano","content":"<p>A massive IDRA shipment was delivered to Tesla’s Gigafactory Texas site recently. The arrival of another IDRA shipment suggests that Giga Texas may be setting up a new Giga Press soon, possibly for a new production line.</p><p><blockquote>最近,一批大量的 IDRA 货物运抵了特斯拉的德克萨斯超级工厂。另一批 IDRA 货物的到来表明 Giga Texas 可能很快就会建立一家新的 Giga Press,可能是为了一条新的生产线。</blockquote></p><p> The singular IDRA box was recently spotted in a drone video of Giga Texas. Based on past videos and pictures of Tesla’s Texas factory, Giga Presses for the front-cast and rear-cast of the Model Y were already installed in the facility. And if recent reports are correct,Model Y test productionhas begun in Giga Texas.</p><p><blockquote>最近在Giga Texas的无人机视频中发现了奇异的IDRA盒子。根据特斯拉德克萨斯工厂过去的视频和图片,该工厂已经安装了用于 Model Y 前驱和后驱的千兆压力机。如果最近的报道是正确的, Model Y 的试生产已经在德克萨斯州的 Giga 开始。</blockquote></p><p> The recent Giga Press box could then contain parts for another 6,000-ton Giga Press that is used for the Model Y production line. Tesla aims to start Model Y production before the end of the year, so getting all the machines installed and the assembly lines in order right now would make sense.</p><p><blockquote>最近的 Giga 压力机箱可以容纳用于 Model Y 生产线的另一台 6,000 吨 Giga 压力机的零件。特斯拉的目标是在今年年底前开始生产 Model Y,因此现在安装所有机器并安排装配线是有意义的。</blockquote></p><p> However, Tesla may already have its initial Model Y assembly lines ready to go, which seems more likely given its production goals.</p><p><blockquote>然而,特斯拉可能已经准备好了最初的 Model Y 装配线,考虑到其生产目标,这似乎更有可能。</blockquote></p><p> If that is the case, the latest IDRA box could contain parts for theCybertruck’s 8,000 ton Giga Press. During the last earnings call, Tesla shared that the Cybertruck would be moving into its beta phases later this year. Recently, Teslapatents for the Cybertruckwere released as well, hinting at some design changes in the electric pick-up truck, which support the company’s update during the last earnings call.</p><p><blockquote>如果是这样的话,最新的 IDRA 盒子可能会装有 theCybertruck 8000 吨 Giga 压力机的零件。在上次财报看涨期权上,特斯拉透露 Cybertruck 将于今年晚些时候进入测试阶段。最近,特斯拉还发布了 Cybertruck 的专利,暗示了这款电动皮卡的一些设计变化,这也为该公司在上次财报看涨期权上的更新提供了支持。</blockquote></p><p> “Yeah, the Cybertruck is currently in its alpha stages. We finished basic engineering the architecture of the vehicle. With the Cybertruck, we’re redefining how a vehicle is being made,” shared Lars Moravy, Vice President of Vehicle Engineering, during the second-quarter earnings call.</p><p><blockquote>“是的,Cybertruck 目前正处于 alpha 阶段。我们已经完成了车辆架构的基本工程设计。有了 Cybertruck,我们正在重新定义车辆的制造方式,”车辆工程副总裁 Lars Moravy 在第二季度财报看涨期权上分享道。</blockquote></p><p> “As Elon said, it carries much of the structural pack and large casting designs of the Model Y being built in Berlin and Austin. Obviously, those take priority over the Cybertruck, but we are moving into the beta phases of Cybertruck later this year, and we will be looking to ramp that in production and take it to Texas after Model Y is up and going,” Moravy elaborated.</p><p><blockquote>“正如埃隆所说,它承载了正在柏林和奥斯汀生产的 Model Y 的大部分结构包和大型铸件设计。显然,这些设计优先于 Cybertruck,但我们将在今年晚些时候进入 Cybertruck 的测试阶段,我们将寻求在 Model Y 上市后加大生产力度,并将其运往德克萨斯州。</blockquote></p><p></p>","source":"lsy1629091926461","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Giga Texas receives fresh IDRA shipment, hints at new Giga Press machines<blockquote>特斯拉 Giga Texas 收到新鲜的 IDRA 货物,暗示将推出新的 Giga 印刷机</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\">\nTesla Giga Texas receives fresh IDRA shipment, hints at new Giga Press machines<blockquote>特斯拉 Giga Texas 收到新鲜的 IDRA 货物,暗示将推出新的 Giga 印刷机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Teslarati</strong><span class=\"h-time small\">2021-08-16 13:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A massive IDRA shipment was delivered to Tesla’s Gigafactory Texas site recently. The arrival of another IDRA shipment suggests that Giga Texas may be setting up a new Giga Press soon, possibly for a new production line.</p><p><blockquote>最近,一批大量的 IDRA 货物运抵了特斯拉的德克萨斯超级工厂。另一批 IDRA 货物的到来表明 Giga Texas 可能很快就会建立一家新的 Giga Press,可能是为了一条新的生产线。</blockquote></p><p> The singular IDRA box was recently spotted in a drone video of Giga Texas. Based on past videos and pictures of Tesla’s Texas factory, Giga Presses for the front-cast and rear-cast of the Model Y were already installed in the facility. And if recent reports are correct,Model Y test productionhas begun in Giga Texas.</p><p><blockquote>最近在Giga Texas的无人机视频中发现了奇异的IDRA盒子。根据特斯拉德克萨斯工厂过去的视频和图片,该工厂已经安装了用于 Model Y 前驱和后驱的千兆压力机。如果最近的报道是正确的, Model Y 的试生产已经在德克萨斯州的 Giga 开始。</blockquote></p><p> The recent Giga Press box could then contain parts for another 6,000-ton Giga Press that is used for the Model Y production line. Tesla aims to start Model Y production before the end of the year, so getting all the machines installed and the assembly lines in order right now would make sense.</p><p><blockquote>最近的 Giga 压力机箱可以容纳用于 Model Y 生产线的另一台 6,000 吨 Giga 压力机的零件。特斯拉的目标是在今年年底前开始生产 Model Y,因此现在安装所有机器并安排装配线是有意义的。</blockquote></p><p> However, Tesla may already have its initial Model Y assembly lines ready to go, which seems more likely given its production goals.</p><p><blockquote>然而,特斯拉可能已经准备好了最初的 Model Y 装配线,考虑到其生产目标,这似乎更有可能。</blockquote></p><p> If that is the case, the latest IDRA box could contain parts for theCybertruck’s 8,000 ton Giga Press. During the last earnings call, Tesla shared that the Cybertruck would be moving into its beta phases later this year. Recently, Teslapatents for the Cybertruckwere released as well, hinting at some design changes in the electric pick-up truck, which support the company’s update during the last earnings call.</p><p><blockquote>如果是这样的话,最新的 IDRA 盒子可能会装有 theCybertruck 8000 吨 Giga 压力机的零件。在上次财报看涨期权上,特斯拉透露 Cybertruck 将于今年晚些时候进入测试阶段。最近,特斯拉还发布了 Cybertruck 的专利,暗示了这款电动皮卡的一些设计变化,这也为该公司在上次财报看涨期权上的更新提供了支持。</blockquote></p><p> “Yeah, the Cybertruck is currently in its alpha stages. We finished basic engineering the architecture of the vehicle. With the Cybertruck, we’re redefining how a vehicle is being made,” shared Lars Moravy, Vice President of Vehicle Engineering, during the second-quarter earnings call.</p><p><blockquote>“是的,Cybertruck 目前正处于 alpha 阶段。我们已经完成了车辆架构的基本工程设计。有了 Cybertruck,我们正在重新定义车辆的制造方式,”车辆工程副总裁 Lars Moravy 在第二季度财报看涨期权上分享道。</blockquote></p><p> “As Elon said, it carries much of the structural pack and large casting designs of the Model Y being built in Berlin and Austin. Obviously, those take priority over the Cybertruck, but we are moving into the beta phases of Cybertruck later this year, and we will be looking to ramp that in production and take it to Texas after Model Y is up and going,” Moravy elaborated.</p><p><blockquote>“正如埃隆所说,它承载了正在柏林和奥斯汀生产的 Model Y 的大部分结构包和大型铸件设计。显然,这些设计优先于 Cybertruck,但我们将在今年晚些时候进入 Cybertruck 的测试阶段,我们将寻求在 Model Y 上市后加大生产力度,并将其运往德克萨斯州。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.teslarati.com/tesla-cybertruck-new-giga-press-gigafactory-texas/\">Teslarati</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":{"TSLA":"特斯拉"},"source_url":"https://www.teslarati.com/tesla-cybertruck-new-giga-press-gigafactory-texas/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111947050","content_text":"A massive IDRA shipment was delivered to Tesla’s Gigafactory Texas site recently. The arrival of another IDRA shipment suggests that Giga Texas may be setting up a new Giga Press soon, possibly for a new production line.\nThe singular IDRA box was recently spotted in a drone video of Giga Texas. Based on past videos and pictures of Tesla’s Texas factory, Giga Presses for the front-cast and rear-cast of the Model Y were already installed in the facility. And if recent reports are correct,Model Y test productionhas begun in Giga Texas.\nThe recent Giga Press box could then contain parts for another 6,000-ton Giga Press that is used for the Model Y production line. Tesla aims to start Model Y production before the end of the year, so getting all the machines installed and the assembly lines in order right now would make sense.\nHowever, Tesla may already have its initial Model Y assembly lines ready to go, which seems more likely given its production goals.\nIf that is the case, the latest IDRA box could contain parts for theCybertruck’s 8,000 ton Giga Press. During the last earnings call, Tesla shared that the Cybertruck would be moving into its beta phases later this year. Recently, Teslapatents for the Cybertruckwere released as well, hinting at some design changes in the electric pick-up truck, which support the company’s update during the last earnings call.\n“Yeah, the Cybertruck is currently in its alpha stages. We finished basic engineering the architecture of the vehicle. With the Cybertruck, we’re redefining how a vehicle is being made,” shared Lars Moravy, Vice President of Vehicle Engineering, during the second-quarter earnings call.\n“As Elon said, it carries much of the structural pack and large casting designs of the Model Y being built in Berlin and Austin. Obviously, those take priority over the Cybertruck, but we are moving into the beta phases of Cybertruck later this year, and we will be looking to ramp that in production and take it to Texas after Model Y is up and going,” Moravy elaborated.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830459882,"gmtCreate":1629092207746,"gmtModify":1633687452448,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830459882","repostId":"1129589874","repostType":4,"repost":{"id":"1129589874","kind":"news","pubTimestamp":1629067868,"share":"https://www.laohunote.com/m/news/1129589874?lang=zh_CN&edition=full","pubTime":"2021-08-16 06:51","market":"us","language":"en","title":"Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129589874","media":"Barrons","summary":"It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.","content":"<p>It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.</p><p><blockquote>现在是第二季度财报季的最后几局,零售商们已经准备好挺身而出。沃尔玛(Walmart)和家得宝(Home Depot)将于周二发布报告,劳氏(Lowe's)、塔吉特(Target)和 TJX 将于周三发布报告。Kohl's、Macy's、BJ's Wholesale 和 L Brands 是周四的零售亮点,Foot Locker 将于周五收盘。</blockquote></p><p> The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.6% rise in June.</p><p><blockquote>人口普查局公布的 7 月份零售销售数据也将于本周二公布。经济学家平均预测,继 6 月份上涨 0.6% 之后,上个月经季节性调整后将增长 0.2%。</blockquote></p><p> Major non-retail companies releasing results this week include Pandora and Krispy Kreme on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and Lumentum Holdings all report.Applied Materials goes on Thursday and Deere closes the week on Friday.</p><p><blockquote>本周发布业绩的主要非零售公司包括周二发布业绩的 Pandora 和 Krispy Kreme,随后是繁忙的周三:Nvidia、腾讯控股、思科系统、Analog Devices 和 Lumentum Holdings 均发布报告。应用材料公司将于周四发布业绩,Deere将于周五收盘。</blockquote></p><p> Economic data out this week include several housing-market metrics: The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.</p><p><blockquote>本周公布的经济数据包括几项住房市场指标: 周二公布的全国住宅建筑商协会 NAHB/富国银行 8 月份住房市场指数,以及周三公布的人口普查局 7 月份新的住宅建设报告。</blockquote></p><p> Also on Wednesday, the Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the Conference Board publishes its Leading Economic Index for July on Thursday.</p><p><blockquote>同样在周三,美联储货币政策委员会将公布 7 月下旬最后一次会议纪要。然后,世界大型企业联合会将于周四发布 7 月份领先经济指数。</blockquote></p><p> <b>Monday 8/16</b></p><p><blockquote><b>8/16星期一</b></blockquote></p><p> Tencent Music Entertainment Group,Tokyo Electron,and Clear Secure are among the companies holding earnings conference calls.</p><p><blockquote>腾讯控股音乐娱乐集团、东京电子和Clear Secure等公司在评级举行了财报会议。</blockquote></p><p> <b>The Federal Reserve</b> Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.</p><p><blockquote><b>美联储</b>纽约银行发布了 8 月份帝国州制造业调查。一致估计读数为26.5。相比之下,7 月份总体商业状况指数上涨了 26 点,创下了 43.0 的历史新高。</blockquote></p><p> <b>Tuesday 8/17</b></p><p><blockquote><b>星期二 8/17</b></blockquote></p><p> BHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.</p><p><blockquote>必和必拓、沃尔玛、家得宝、安捷伦科技、Pandora 和 Krispy Kreme 等公司在评级举办了财报会议。</blockquote></p><p> America’s Car-Mart,Jack Henry & Associates,and La-Z-Boy report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.</p><p><blockquote>America's Car-Mart、Jack Henry & Associates 和 La-Z-Boy 将在收盘后公布财务业绩,并将于次日上午(8 月 18 日)举行财报评级。</blockquote></p><p> <b>The Federal Reserve</b> releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.</p><p><blockquote><b>美联储</b>发布7月份工业部门产能利用率。共识评级为 75.7%,与 6 月份的 75.4% 相比变化不大。工业生产预计将比 6 月份经季节性调整后的 0.4% 增长 0.5%。</blockquote></p><p> <b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.</p><p><blockquote><b>全国协会</b>住宅建筑商协会发布了8月份的NAHB/富国银行住房市场指数。经济学家预测读数为80,与7月份持平。该指数低于 11 月份创下的 90 点的历史高点。</blockquote></p><p> <b>Federal Reserve Board</b> Chairman Jay Powell will host a virtual town hall with educators and students.</p><p><blockquote><b>联邦储备委员会</b>主席杰伊·鲍威尔将与教育工作者和学生一起主持一个虚拟市政厅。</blockquote></p><p> <b>The Census Bureau reports</b> retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.</p><p><blockquote><b>人口普查局报告</b>7月份零售销售数据。继 6 月份上涨 0.6% 之后,经季节性调整后,预计环比下降 0.3%。不包括汽车,支出预计增长 0.2%,而上月增长 1.3%。</blockquote></p><p> <b>Wednesday 8/18</b></p><p><blockquote><b>星期三 8/18</b></blockquote></p><p> <b>The Federal Open Market</b> Committee releases the minutes from its late-July monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布了7月下旬货币政策会议纪要。</blockquote></p><p> Cisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.</p><p><blockquote>思科系统公司、劳氏、塔吉特、TJX、腾讯控股控股公司、Brinker International、Analog Devices、Synopsys、Lumentum Holdings 和 Nvidia 在评级举办财报会议。</blockquote></p><p> <b>The Census Bureau’s</b>new residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.</p><p><blockquote><b>人口普查局</b>7 月份的新住宅开工报告预计将显示,经季节性调整后的新屋开工年率为 161.0 万套,低于 6 月份的 164.3 万套。3 月份新屋开工量达到疫情后的峰值 173 万套。</blockquote></p><p> <b>Thursday 8/19</b></p><p><blockquote><b>星期四 8/19</b></blockquote></p><p> BJ’s Wholesale,<b>L Brands</b>, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.</p><p><blockquote>BJ批发商<b>品牌</b>、Applied Materials、Ross Stores、雅诗兰黛、科尔百货、梅西百货、Performance Food Group、Petco Health and Wellness 和 Farfetch 主办评级盈利会议。</blockquote></p><p> <b>The Conference Board</b>releases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.</p><p><blockquote><b>会议委员会</b>发布7月份领先经济指数。继 6 月份上涨 0.7% 后,LEI 预计环比上涨 0.7%。</blockquote></p><p> <b>Friday 8/20</b></p><p><blockquote><b>8/20星期五</b></blockquote></p><p> Deere and Foot Locker host conference calls to discuss financial results.</p><p><blockquote>Deere和Foot Locker主持会议评级讨论财务业绩。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</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\">\nNvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-16 06:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.</p><p><blockquote>现在是第二季度财报季的最后几局,零售商们已经准备好挺身而出。沃尔玛(Walmart)和家得宝(Home Depot)将于周二发布报告,劳氏(Lowe's)、塔吉特(Target)和 TJX 将于周三发布报告。Kohl's、Macy's、BJ's Wholesale 和 L Brands 是周四的零售亮点,Foot Locker 将于周五收盘。</blockquote></p><p> The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.6% rise in June.</p><p><blockquote>人口普查局公布的 7 月份零售销售数据也将于本周二公布。经济学家平均预测,继 6 月份上涨 0.6% 之后,上个月经季节性调整后将增长 0.2%。</blockquote></p><p> Major non-retail companies releasing results this week include Pandora and Krispy Kreme on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and Lumentum Holdings all report.Applied Materials goes on Thursday and Deere closes the week on Friday.</p><p><blockquote>本周发布业绩的主要非零售公司包括周二发布业绩的 Pandora 和 Krispy Kreme,随后是繁忙的周三:Nvidia、腾讯控股、思科系统、Analog Devices 和 Lumentum Holdings 均发布报告。应用材料公司将于周四发布业绩,Deere将于周五收盘。</blockquote></p><p> Economic data out this week include several housing-market metrics: The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.</p><p><blockquote>本周公布的经济数据包括几项住房市场指标: 周二公布的全国住宅建筑商协会 NAHB/富国银行 8 月份住房市场指数,以及周三公布的人口普查局 7 月份新的住宅建设报告。</blockquote></p><p> Also on Wednesday, the Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the Conference Board publishes its Leading Economic Index for July on Thursday.</p><p><blockquote>同样在周三,美联储货币政策委员会将公布 7 月下旬最后一次会议纪要。然后,世界大型企业联合会将于周四发布 7 月份领先经济指数。</blockquote></p><p> <b>Monday 8/16</b></p><p><blockquote><b>8/16星期一</b></blockquote></p><p> Tencent Music Entertainment Group,Tokyo Electron,and Clear Secure are among the companies holding earnings conference calls.</p><p><blockquote>腾讯控股音乐娱乐集团、东京电子和Clear Secure等公司在评级举行了财报会议。</blockquote></p><p> <b>The Federal Reserve</b> Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.</p><p><blockquote><b>美联储</b>纽约银行发布了 8 月份帝国州制造业调查。一致估计读数为26.5。相比之下,7 月份总体商业状况指数上涨了 26 点,创下了 43.0 的历史新高。</blockquote></p><p> <b>Tuesday 8/17</b></p><p><blockquote><b>星期二 8/17</b></blockquote></p><p> BHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.</p><p><blockquote>必和必拓、沃尔玛、家得宝、安捷伦科技、Pandora 和 Krispy Kreme 等公司在评级举办了财报会议。</blockquote></p><p> America’s Car-Mart,Jack Henry & Associates,and La-Z-Boy report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.</p><p><blockquote>America's Car-Mart、Jack Henry & Associates 和 La-Z-Boy 将在收盘后公布财务业绩,并将于次日上午(8 月 18 日)举行财报评级。</blockquote></p><p> <b>The Federal Reserve</b> releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.</p><p><blockquote><b>美联储</b>发布7月份工业部门产能利用率。共识评级为 75.7%,与 6 月份的 75.4% 相比变化不大。工业生产预计将比 6 月份经季节性调整后的 0.4% 增长 0.5%。</blockquote></p><p> <b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.</p><p><blockquote><b>全国协会</b>住宅建筑商协会发布了8月份的NAHB/富国银行住房市场指数。经济学家预测读数为80,与7月份持平。该指数低于 11 月份创下的 90 点的历史高点。</blockquote></p><p> <b>Federal Reserve Board</b> Chairman Jay Powell will host a virtual town hall with educators and students.</p><p><blockquote><b>联邦储备委员会</b>主席杰伊·鲍威尔将与教育工作者和学生一起主持一个虚拟市政厅。</blockquote></p><p> <b>The Census Bureau reports</b> retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.</p><p><blockquote><b>人口普查局报告</b>7月份零售销售数据。继 6 月份上涨 0.6% 之后,经季节性调整后,预计环比下降 0.3%。不包括汽车,支出预计增长 0.2%,而上月增长 1.3%。</blockquote></p><p> <b>Wednesday 8/18</b></p><p><blockquote><b>星期三 8/18</b></blockquote></p><p> <b>The Federal Open Market</b> Committee releases the minutes from its late-July monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布了7月下旬货币政策会议纪要。</blockquote></p><p> Cisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.</p><p><blockquote>思科系统公司、劳氏、塔吉特、TJX、腾讯控股控股公司、Brinker International、Analog Devices、Synopsys、Lumentum Holdings 和 Nvidia 在评级举办财报会议。</blockquote></p><p> <b>The Census Bureau’s</b>new residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.</p><p><blockquote><b>人口普查局</b>7 月份的新住宅开工报告预计将显示,经季节性调整后的新屋开工年率为 161.0 万套,低于 6 月份的 164.3 万套。3 月份新屋开工量达到疫情后的峰值 173 万套。</blockquote></p><p> <b>Thursday 8/19</b></p><p><blockquote><b>星期四 8/19</b></blockquote></p><p> BJ’s Wholesale,<b>L Brands</b>, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.</p><p><blockquote>BJ批发商<b>品牌</b>、Applied Materials、Ross Stores、雅诗兰黛、科尔百货、梅西百货、Performance Food Group、Petco Health and Wellness 和 Farfetch 主办评级盈利会议。</blockquote></p><p> <b>The Conference Board</b>releases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.</p><p><blockquote><b>会议委员会</b>发布7月份领先经济指数。继 6 月份上涨 0.7% 后,LEI 预计环比上涨 0.7%。</blockquote></p><p> <b>Friday 8/20</b></p><p><blockquote><b>8/20星期五</b></blockquote></p><p> Deere and Foot Locker host conference calls to discuss financial results.</p><p><blockquote>Deere和Foot Locker主持会议评级讨论财务业绩。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","WMT":"沃尔玛",".DJI":"道琼斯","NVDA":"英伟达","TGT":"塔吉特",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129589874","content_text":"It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.\nThe Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.6% rise in June.\nMajor non-retail companies releasing results this week include Pandora and Krispy Kreme on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and Lumentum Holdings all report.Applied Materials goes on Thursday and Deere closes the week on Friday.\nEconomic data out this week include several housing-market metrics: The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.\nAlso on Wednesday, the Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the Conference Board publishes its Leading Economic Index for July on Thursday.\nMonday 8/16\nTencent Music Entertainment Group,Tokyo Electron,and Clear Secure are among the companies holding earnings conference calls.\nThe Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.\nTuesday 8/17\nBHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.\nAmerica’s Car-Mart,Jack Henry & Associates,and La-Z-Boy report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.\nThe Federal Reserve releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.\nThe National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.\nFederal Reserve Board Chairman Jay Powell will host a virtual town hall with educators and students.\nThe Census Bureau reports retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.\nWednesday 8/18\nThe Federal Open Market Committee releases the minutes from its late-July monetary-policy meeting.\nCisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.\nThe Census Bureau’snew residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.\nThursday 8/19\nBJ’s Wholesale,L Brands, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.\nThe Conference Boardreleases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.\nFriday 8/20\nDeere and Foot Locker host conference calls to discuss financial results.","news_type":1,"symbols_score_info":{"TME":0.9,"NVDA":0.9,".SPX":0.9,"WMT":0.9,".DJI":0.9,"TGT":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830304612,"gmtCreate":1629007330436,"gmtModify":1633687987800,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830304612","repostId":"1127633167","repostType":4,"repost":{"id":"1127633167","kind":"news","pubTimestamp":1628997765,"share":"https://www.laohunote.com/m/news/1127633167?lang=zh_CN&edition=full","pubTime":"2021-08-15 11:22","market":"us","language":"en","title":"These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127633167","media":"Barrons","summary":"One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors loo","content":"<p>One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.</p><p><blockquote>当今投资中最流行的流行语之一是 “复利者 ”。寻找下一个亚马逊、Costco Wholesale、Nike 或 Visa 的成长型投资者寻求确定能够在未来几年实现收入和盈利两位数复合增长的公司(最好是两者兼而有之)。</blockquote></p><p> The idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.</p><p><blockquote>这个想法是,股票价格应该与收入和利润保持一致,使投资者能够在5到10年的持有期内产生高回报。最终目标是找到难以捉摸的 “10 bagger”--回报率是你购买价格 10 倍的股票。</blockquote></p><p> Wall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a <i>Barron’s</i> cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.</p><p><blockquote>华尔街分析师的笔记和投资专业人士的客户信中充满了复合器的参考资料。许多下一代价值经理,在<i>巴伦</i>五月份的封面故事,正在寻求此类股票,而不是廉价股票的传统价值。</blockquote></p><p> Their search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.</p><p><blockquote>他们的搜索变得更具挑战性,因为买家正在为高增长的故事支付高价。真正的大赢家很少。根据 Durable Capital Partners 的数据,在 10 年的漫长系列中,只有大约 35 家公司的股价每年复合上涨 20% 或更多,导致至少增长了六倍。</blockquote></p><p> Many investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).</p><p><blockquote>许多投资者很乐意坚持使用大型知名复合商,例如Alphabet(股票代码:GOOGL)、万事达卡(MA)、联合健康集团(UNH)和礼来公司(LLY)。</blockquote></p><p> <i>Barron’s</i> sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:</p><p><blockquote><i>巴伦</i>试图确定较小的候选人。我们与投资经理进行了交谈,列出了一份包含 10 只股票的兼收并蓄的名单,其中大多数市值低于 100 亿美元。以下是按字母顺序排列的选择:</blockquote></p><p> Strong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.</p><p><blockquote>强劲而稳定的胜利 以下是成长型投资者认为能够多年来持续实现收入或利润高增长的 10 只股票。</blockquote></p><p> <table> <thead> <tr> <th>Company / Ticker</th> <th>Recent Price</th> <th>YTD Change</th> <th>2021E P/E</th> <th>2021E Price/Sales</th> <th>2022E P/E</th> <th>2022E Price/Sales</th> <th>LT Growth Rate*</th> <th>Market Value (bil)</th> <th>Comment</th> </tr> </thead> <tbody> <tr> <td>Amedysis / AMED</td> <td>$185.15</td> <td>-37%</td> <td>30.2</td> <td>2.7</td> <td>27.7</td> <td>2.4</td> <td>10.5%</td> <td>$6.3</td> <td>Leader in home health care</td> </tr> <tr> <td>Amyris / AMRS</td> <td>13.64</td> <td>121</td> <td>NM</td> <td>10.4</td> <td>NM</td> <td>9.7</td> <td>NA</td> <td>4.1</td> <td>Leading company in synthetic biology</td> </tr> <tr> <td>Booz Allen Hamilton Holding / BAH</td> <td>81.73</td> <td>-6</td> <td>19.4</td> <td>1.3</td> <td>17.7</td> <td>1.2</td> <td>8.6</td> <td>11.0</td> <td>Defense-department consultant</td> </tr> <tr> <td>J.B. Hunt Transport Services / JBHT</td> <td>172.76</td> <td>26</td> <td>25.8</td> <td>1.5</td> <td>22.2</td> <td>1.4</td> <td>18.4</td> <td>18.2</td> <td>Strong in intermodal freight</td> </tr> <tr> <td>Marriott Vacations Worldwide / VAC</td> <td>147.15</td> <td>7</td> <td>40.9</td> <td>1.6</td> <td>15.7</td> <td>1.4</td> <td>NA</td> <td>6.3</td> <td>Top company in vacation timeshares</td> </tr> <tr> <td>SiteOne Landscape Supply / SITE</td> <td>197.10</td> <td>24</td> <td>45.7</td> <td>2.6</td> <td>43.5</td> <td>2.5</td> <td>19.3</td> <td>8.8</td> <td>Big supplier of landscaping supplies</td> </tr> <tr> <td>Staar Surgical / STAA</td> <td>138.19</td> <td>74</td> <td>192.3</td> <td>28.6</td> <td>140.8</td> <td>22.5</td> <td>30.0</td> <td>6.6</td> <td>Maker of implantable lens for myopia</td> </tr> <tr> <td>Stitch Fix / SFIX</td> <td>44.38</td> <td>-24</td> <td>NM</td> <td>1.9</td> <td>1890.3</td> <td>1.7</td> <td>30.0</td> <td>4.8</td> <td>Data-driven subscription clothing firm</td> </tr> <tr> <td>Trex / TREX</td> <td>105.94</td> <td>27</td> <td>51.9</td> <td>10.5</td> <td>43.6</td> <td>9.3</td> <td>18.8</td> <td>12.2</td> <td>Top maker of synthetic wood decking</td> </tr> <tr> <td>Upwork / UPWK</td> <td>44.31</td> <td>28</td> <td>NM</td> <td>11.4</td> <td>556.8</td> <td>9.2</td> <td>NA</td> <td>5.7</td> <td>Online clearinghouse for free-lancers</td> </tr> </tbody> </table> E=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>年初至今变化</th><th>2021年市盈率</th><th>2021年价格/销售额</th><th>2022年市盈率</th><th>2022年价格/销售额</th><th>LT增长率*</th><th>市值(bil)</th><th>评论</th></tr></thead><tbody><tr><td>阿梅迪西斯/阿梅德</td><td>$185.15</td><td>-37%</td><td>30.2</td><td>2.7</td><td>27.7</td><td>2.4</td><td>10.5%</td><td>$6.3</td><td>家庭医疗保健领域的领导者</td></tr><tr><td>阿米里斯/AMRS</td><td>13.64</td><td>121</td><td>纳米</td><td>10.4</td><td>纳米</td><td>9.7</td><td>纳</td><td>4.1</td><td>合成生物学领先公司</td></tr><tr><td>博思艾伦汉密尔顿控股 / BAH</td><td>81.73</td><td>-6</td><td>19.4</td><td>1.3</td><td>17.7</td><td>1.2</td><td>8.6</td><td>11.0</td><td>国防部顾问</td></tr><tr><td>J.B亨特运输服务 / JBHT</td><td>172.76</td><td>26</td><td>25.8</td><td>1.5</td><td>22.2</td><td>1.4</td><td>18.4</td><td>18.2</td><td>擅长多式联运</td></tr><tr><td>万豪度假全球/VAC</td><td>147.15</td><td>7</td><td>40.9</td><td>1.6</td><td>15.7</td><td>1.4</td><td>纳</td><td>6.3</td><td>度假分时度假领域的顶级公司</td></tr><tr><td>SiteOne景观供应/场地</td><td>197.10</td><td>24</td><td>45.7</td><td>2.6</td><td>43.5</td><td>2.5</td><td>19.3</td><td>8.8</td><td>大型园林绿化用品供应商</td></tr><tr><td>外科凝视/凝视</td><td>138.19</td><td>74</td><td>192.3</td><td>28.6</td><td>140.8</td><td>22.5</td><td>30.0</td><td>6.6</td><td>近视植入式镜片制造商</td></tr><tr><td>缝合固定/固定</td><td>44.38</td><td>-24</td><td>纳米</td><td>1.9</td><td>1890.3</td><td>1.7</td><td>30.0</td><td>4.8</td><td>数据驱动订阅服装公司</td></tr><tr><td>Trex / Trex</td><td>105.94</td><td>27</td><td>51.9</td><td>10.5</td><td>43.6</td><td>9.3</td><td>18.8</td><td>12.2</td><td>合成木地板的顶级制造商</td></tr><tr><td>Upwork / UPWK</td><td>44.31</td><td>28</td><td>纳米</td><td>11.4</td><td>556.8</td><td>9.2</td><td>纳</td><td>5.7</td><td>自由职业者在线信息交换所</td></tr></tbody></table>E=估计值。BAH的估计是针对截至2022年3月和3月23日的财年。SFIX 的估计适用于截至 2022 年 7 月和 2023 年 7 月的财年。NM=无意义。NA=不可用。*公司未来3-5年可维持的每年每股收益增长。</blockquote></p><p> Source: FactSet</p><p><blockquote>来源:FactSet</blockquote></p><p> Amedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.</p><p><blockquote>Amedisys (AMED) 是一家家庭医疗保健和临终关怀服务提供商,业务仍然分散,业务遍及全国。</blockquote></p><p></p><p> “There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”</p><p><blockquote>“哥伦比亚小盘股成长基金经理丹-科尔预测说:”该行业将进行大规模整合。“医疗保健正在向家庭转移”。</blockquote></p><p> Amedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.</p><p><blockquote>Amedisys 股价在过去十年中上涨了十倍以上。但该公司最近以与新冠疫情相关的人员配备和成本问题(主要是收购的临终关怀业务)为由,削减了 2021 年财务指引,股价约为 185 美元,下跌了近 30%。2021 年盈利预期目前为每股 6.13 美元,低于近 7 美元。该股的交易价格是2021年预计利润的30倍。科尔表示,该公司仍然有能力每年实现 10% 的每股收益增长。</blockquote></p><p> Amyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.</p><p><blockquote>Amyris(AMRS)是合成生物学领域的领导者。It 粉丝表示,它的机会是以环保的方式取代目前由石化产品、动物和植物制成的一系列产品。</blockquote></p><p> Using genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.</p><p><blockquote>使用基因改造的酵母和甘蔗,Amyris生产角鲨烷等物质,角鲨烷是一种以前由鲨鱼肝制成的高端保湿剂;香草醛,香草的调味料;以及通常来源于植物的无热量甜味剂。该股交易价格约为 13 美元。</blockquote></p><p> <i>Barron’s</i> wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.</p><p><blockquote><i>巴伦</i>七月份对该公司的评价很高。在消费品牌的推动下,Amyris 预计到 2025 年销售额将达到 20 亿美元,高于今年的 4 亿美元。</blockquote></p><p> “The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.</p><p><blockquote>“拥有 Amyris 股票的 Pinnacle Associates 公司的投资组合经理兰迪-巴伦(Randy Baron)说:”世界需要清洁化学,而 Amyris 正是创造清洁化学的关键。他认为到 2022 年底,它们的价格可能会达到 75 美元。</blockquote></p><p> Booz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.</p><p><blockquote>博思艾伦汉密尔顿控股公司(BAH)是国防部和其他机构的重要顾问。美国政府在最近一个财政年度占其收入的97%。多年来,博思艾伦通过提供网络安全等一系列服务,与政府建立了牢固的联系。其股票交易价格约为 81 美元,收益率为 1.8%。</blockquote></p><p> “It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.</p><p><blockquote>“T. Rowe Price New Horizons 基金经理乔希-斯宾塞(Josh Spencer)说:”它已经建立了一种强大的、类似合作伙伴关系的文化,并有着长期的稳定增长记录。他认为博思艾伦有能力实现 9% 至 10% 的年收入增长,每年盈利增长 15% 至 16%,与其历史表现一致。由于担心军费开支受到更多限制,该股较 100 美元的峰值下跌了 20%。斯宾塞将此次回调视为买入机会,该股估值不到市盈率的 20 倍。</blockquote></p><p> J.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.</p><p><blockquote>J.B亨特运输服务公司(JBHT)是多式联运货运领域的领导者,多式联运货运涉及卡车在铁路线上的节能运输。它是最成功的卡车运输公司之一。过去 20 年里,其股价上涨了 30 倍,最近达到 173 美元。“Durable Capital Partners 首席投资官、《巴伦周刊》圆桌会议成员亨利-埃伦博根(Henry Ellenbogen)说:”它拥有令人难以置信的特许经营权。</blockquote></p><p> J.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.</p><p><blockquote>J.B他指出,亨特与伯灵顿北圣达菲铁路公司(Burlington Northern Santa Fe railroad)的合作关系使其在多式联运货运领域占据了强大的地位。J.B亨特的业务也在不断增长,接管了小公司的卡车运输业务。它还涉足数字货运经纪业务——将卡车司机与航运客户进行匹配。</blockquote></p><p> Ellenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.</p><p><blockquote>Ellenbogen 表示,考虑到 2022 年盈利增长前景,该股 2022 年盈利预期的 22 倍是合理的。</blockquote></p><p> Marriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.</p><p><blockquote>万豪度假全球(VAC)是分时度假行业的顶级公司之一。它拥有 70 万业主,是一种有弹性的商业模式,拥有可观的费用收入,并且比同行更容易接触到夏威夷和佛罗里达州奥兰多等地的豪华房产。</blockquote></p><p> “It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.</p><p><blockquote>“Baron Focused Growth fund 的经理大卫-巴伦(David Baron)说:”它拥有最好的客户群、最高的支出和无可挑剔的资产负债表。他补充说,万豪度假公司的股价最近约为 145 美元,该公司应该会在今年晚些时候恢复股息。</blockquote></p><p> The shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.</p><p><blockquote>巴伦认为,根据 2022 年的预测,这些股票的自由现金流收益率为 11%,价格便宜。他表示,该股自 2018 年以来几乎没有变化,未来几年可能会为股东带来 20% 的年回报。</blockquote></p><p> SiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.</p><p><blockquote>SiteOne Landscape Supply(SITE)是美国最大的园林绿化产品供应商,鉴于该公司在高度分散的行业中仅占 13% 的市场份额,因此具有充足的扩张机会。</blockquote></p><p> “It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.</p><p><blockquote>“哥伦比亚大学的科尔说:”它正在有机增长,并有很多收购机会。</blockquote></p><p> The stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.</p><p><blockquote>该股估值约为 197 美元,估值丰富,是 2022 年预计每股收益 4.54 美元的 43 倍。</blockquote></p><p> Staar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.</p><p><blockquote>Staar Surgical(STAA)开发了一种可植入晶状体来矫正近视(近视)。鉴于视力问题在全球范围内的发病率不断上升,这解决了一个潜在的巨大市场。该公司预计,该镜头已在欧洲和亚洲上市至少五年,将于第四季度进入美国市场,等待美国食品和药物管理局的批准。</blockquote></p><p></p><p> “It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”</p><p><blockquote>“Baillie Gifford 全球经理道格-布罗迪(Doug Brodie)说:”它可以创造大量的销量。“它还处于起步阶段,基本上没有竞争。</blockquote></p><p> Lenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.</p><p><blockquote>双眼晶状体可在不到一小时的时间内植入,而且不需要摘除天然晶状体。在美国,每个镜片的批发成本可能在1000美元左右。</blockquote></p><p> At a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.</p><p><blockquote>Staar 股价最近为 138 美元,估值很高,是 2022 年预计销售额的 20 多倍,是 2022 年预计收益的 140 倍。但市场机会是巨大的:到2050年,全球约有50亿人可能患有近视。</blockquote></p><p> Stitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.</p><p><blockquote>Stitch Fix(SFIX)开发了服装、鞋子和其他配饰的订阅服务,拥有超过400万客户。</blockquote></p><p> “This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.</p><p><blockquote>“Stitch Fix 持有者 Marathon Partners Equity Management 的首席投资官 Mario Cibelli 说:”这可能是未来的 Nordstrom。“这是一个潜在的巨大市场,没有人以同样的方式解决这个问题”。Stitch Fix利用6,000名私人造型师和大量数据,试图识别订户的口味,以产生高满意度,并限制定期发送并由订户决定的包裹的回报。</blockquote></p><p> Its shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.</p><p><blockquote>由于投资者担心潜在的流失和公司的最终盈利能力,该公司的股价约为 44 美元,比年初的水平下跌了 60%。</blockquote></p><p> Yet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.</p><p><blockquote>然而,Cibelli 预计收入每年将增长 20% 以上,在当前美国和英国市场之外还有机会,并且在两到三年内将成为一项潜在的非常有利可图的业务。</blockquote></p><p> Trex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.</p><p><blockquote>Trex(TREX)是高端木质甲板替代品的顶级生产商,该甲板由95%的回收材料制成,是一种环保的住宅。该股股价为 105 美元,是 2022 年预期市盈率的 43 倍。</blockquote></p><p> T. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.</p><p><blockquote>T. Rowe Price 的 Spencer 认为 Trex 物有所值,因为他认为 Trex 可以实现 15% 至 20% 的可持续年收入增长。预计 2022 年盈利将增长约 20%,并在随后几年以类似的速度增长。“他说:”如果把时钟拨快三年,看起来就不会那么贵了。</blockquote></p><p> Upwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.</p><p><blockquote>Upwork(UPWK)是一个面向自由职业者的在线市场,受到了 Baillie Gifford 的 Brodie 的青睐,他说它能提高企业对自由职业者的接受度。</blockquote></p><p> The shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.</p><p><blockquote>最近股价在 44 美元左右,并不便宜。Upwork 的估值为 57 亿美元,是今年近 5 亿美元预计销售额的 10 倍多。它的运营略有亏损。</blockquote></p><p> The investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.</p><p><blockquote>投资案例是关于销售快速增长带来丰厚收益。预计今年销售额将增长 30% 以上,2022 年将增长 25%。</blockquote></p><p> “Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.</p><p><blockquote>“布罗迪说:”中小型企业更容易接受自由职业者,但大型企业的人力资源部门却对自由职业者嗤之以鼻。Upwork旨在通过审查其自由职业者和提供数千套技能来改变这种看法。“他说:”Upwork 可以成为越来越多企业级合作伙伴值得信赖的合作伙伴。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</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\">\nThese 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-15 11:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.</p><p><blockquote>当今投资中最流行的流行语之一是 “复利者 ”。寻找下一个亚马逊、Costco Wholesale、Nike 或 Visa 的成长型投资者寻求确定能够在未来几年实现收入和盈利两位数复合增长的公司(最好是两者兼而有之)。</blockquote></p><p> The idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.</p><p><blockquote>这个想法是,股票价格应该与收入和利润保持一致,使投资者能够在5到10年的持有期内产生高回报。最终目标是找到难以捉摸的 “10 bagger”--回报率是你购买价格 10 倍的股票。</blockquote></p><p> Wall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a <i>Barron’s</i> cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.</p><p><blockquote>华尔街分析师的笔记和投资专业人士的客户信中充满了复合器的参考资料。许多下一代价值经理,在<i>巴伦</i>五月份的封面故事,正在寻求此类股票,而不是廉价股票的传统价值。</blockquote></p><p> Their search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.</p><p><blockquote>他们的搜索变得更具挑战性,因为买家正在为高增长的故事支付高价。真正的大赢家很少。根据 Durable Capital Partners 的数据,在 10 年的漫长系列中,只有大约 35 家公司的股价每年复合上涨 20% 或更多,导致至少增长了六倍。</blockquote></p><p> Many investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).</p><p><blockquote>许多投资者很乐意坚持使用大型知名复合商,例如Alphabet(股票代码:GOOGL)、万事达卡(MA)、联合健康集团(UNH)和礼来公司(LLY)。</blockquote></p><p> <i>Barron’s</i> sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:</p><p><blockquote><i>巴伦</i>试图确定较小的候选人。我们与投资经理进行了交谈,列出了一份包含 10 只股票的兼收并蓄的名单,其中大多数市值低于 100 亿美元。以下是按字母顺序排列的选择:</blockquote></p><p> Strong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.</p><p><blockquote>强劲而稳定的胜利 以下是成长型投资者认为能够多年来持续实现收入或利润高增长的 10 只股票。</blockquote></p><p> <table> <thead> <tr> <th>Company / Ticker</th> <th>Recent Price</th> <th>YTD Change</th> <th>2021E P/E</th> <th>2021E Price/Sales</th> <th>2022E P/E</th> <th>2022E Price/Sales</th> <th>LT Growth Rate*</th> <th>Market Value (bil)</th> <th>Comment</th> </tr> </thead> <tbody> <tr> <td>Amedysis / AMED</td> <td>$185.15</td> <td>-37%</td> <td>30.2</td> <td>2.7</td> <td>27.7</td> <td>2.4</td> <td>10.5%</td> <td>$6.3</td> <td>Leader in home health care</td> </tr> <tr> <td>Amyris / AMRS</td> <td>13.64</td> <td>121</td> <td>NM</td> <td>10.4</td> <td>NM</td> <td>9.7</td> <td>NA</td> <td>4.1</td> <td>Leading company in synthetic biology</td> </tr> <tr> <td>Booz Allen Hamilton Holding / BAH</td> <td>81.73</td> <td>-6</td> <td>19.4</td> <td>1.3</td> <td>17.7</td> <td>1.2</td> <td>8.6</td> <td>11.0</td> <td>Defense-department consultant</td> </tr> <tr> <td>J.B. Hunt Transport Services / JBHT</td> <td>172.76</td> <td>26</td> <td>25.8</td> <td>1.5</td> <td>22.2</td> <td>1.4</td> <td>18.4</td> <td>18.2</td> <td>Strong in intermodal freight</td> </tr> <tr> <td>Marriott Vacations Worldwide / VAC</td> <td>147.15</td> <td>7</td> <td>40.9</td> <td>1.6</td> <td>15.7</td> <td>1.4</td> <td>NA</td> <td>6.3</td> <td>Top company in vacation timeshares</td> </tr> <tr> <td>SiteOne Landscape Supply / SITE</td> <td>197.10</td> <td>24</td> <td>45.7</td> <td>2.6</td> <td>43.5</td> <td>2.5</td> <td>19.3</td> <td>8.8</td> <td>Big supplier of landscaping supplies</td> </tr> <tr> <td>Staar Surgical / STAA</td> <td>138.19</td> <td>74</td> <td>192.3</td> <td>28.6</td> <td>140.8</td> <td>22.5</td> <td>30.0</td> <td>6.6</td> <td>Maker of implantable lens for myopia</td> </tr> <tr> <td>Stitch Fix / SFIX</td> <td>44.38</td> <td>-24</td> <td>NM</td> <td>1.9</td> <td>1890.3</td> <td>1.7</td> <td>30.0</td> <td>4.8</td> <td>Data-driven subscription clothing firm</td> </tr> <tr> <td>Trex / TREX</td> <td>105.94</td> <td>27</td> <td>51.9</td> <td>10.5</td> <td>43.6</td> <td>9.3</td> <td>18.8</td> <td>12.2</td> <td>Top maker of synthetic wood decking</td> </tr> <tr> <td>Upwork / UPWK</td> <td>44.31</td> <td>28</td> <td>NM</td> <td>11.4</td> <td>556.8</td> <td>9.2</td> <td>NA</td> <td>5.7</td> <td>Online clearinghouse for free-lancers</td> </tr> </tbody> </table> E=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>年初至今变化</th><th>2021年市盈率</th><th>2021年价格/销售额</th><th>2022年市盈率</th><th>2022年价格/销售额</th><th>LT增长率*</th><th>市值(bil)</th><th>评论</th></tr></thead><tbody><tr><td>阿梅迪西斯/阿梅德</td><td>$185.15</td><td>-37%</td><td>30.2</td><td>2.7</td><td>27.7</td><td>2.4</td><td>10.5%</td><td>$6.3</td><td>家庭医疗保健领域的领导者</td></tr><tr><td>阿米里斯/AMRS</td><td>13.64</td><td>121</td><td>纳米</td><td>10.4</td><td>纳米</td><td>9.7</td><td>纳</td><td>4.1</td><td>合成生物学领先公司</td></tr><tr><td>博思艾伦汉密尔顿控股 / BAH</td><td>81.73</td><td>-6</td><td>19.4</td><td>1.3</td><td>17.7</td><td>1.2</td><td>8.6</td><td>11.0</td><td>国防部顾问</td></tr><tr><td>J.B亨特运输服务 / JBHT</td><td>172.76</td><td>26</td><td>25.8</td><td>1.5</td><td>22.2</td><td>1.4</td><td>18.4</td><td>18.2</td><td>擅长多式联运</td></tr><tr><td>万豪度假全球/VAC</td><td>147.15</td><td>7</td><td>40.9</td><td>1.6</td><td>15.7</td><td>1.4</td><td>纳</td><td>6.3</td><td>度假分时度假领域的顶级公司</td></tr><tr><td>SiteOne景观供应/场地</td><td>197.10</td><td>24</td><td>45.7</td><td>2.6</td><td>43.5</td><td>2.5</td><td>19.3</td><td>8.8</td><td>大型园林绿化用品供应商</td></tr><tr><td>外科凝视/凝视</td><td>138.19</td><td>74</td><td>192.3</td><td>28.6</td><td>140.8</td><td>22.5</td><td>30.0</td><td>6.6</td><td>近视植入式镜片制造商</td></tr><tr><td>缝合固定/固定</td><td>44.38</td><td>-24</td><td>纳米</td><td>1.9</td><td>1890.3</td><td>1.7</td><td>30.0</td><td>4.8</td><td>数据驱动订阅服装公司</td></tr><tr><td>Trex / Trex</td><td>105.94</td><td>27</td><td>51.9</td><td>10.5</td><td>43.6</td><td>9.3</td><td>18.8</td><td>12.2</td><td>合成木地板的顶级制造商</td></tr><tr><td>Upwork / UPWK</td><td>44.31</td><td>28</td><td>纳米</td><td>11.4</td><td>556.8</td><td>9.2</td><td>纳</td><td>5.7</td><td>自由职业者在线信息交换所</td></tr></tbody></table>E=估计值。BAH的估计是针对截至2022年3月和3月23日的财年。SFIX 的估计适用于截至 2022 年 7 月和 2023 年 7 月的财年。NM=无意义。NA=不可用。*公司未来3-5年可维持的每年每股收益增长。</blockquote></p><p> Source: FactSet</p><p><blockquote>来源:FactSet</blockquote></p><p> Amedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.</p><p><blockquote>Amedisys (AMED) 是一家家庭医疗保健和临终关怀服务提供商,业务仍然分散,业务遍及全国。</blockquote></p><p></p><p> “There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”</p><p><blockquote>“哥伦比亚小盘股成长基金经理丹-科尔预测说:”该行业将进行大规模整合。“医疗保健正在向家庭转移”。</blockquote></p><p> Amedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.</p><p><blockquote>Amedisys 股价在过去十年中上涨了十倍以上。但该公司最近以与新冠疫情相关的人员配备和成本问题(主要是收购的临终关怀业务)为由,削减了 2021 年财务指引,股价约为 185 美元,下跌了近 30%。2021 年盈利预期目前为每股 6.13 美元,低于近 7 美元。该股的交易价格是2021年预计利润的30倍。科尔表示,该公司仍然有能力每年实现 10% 的每股收益增长。</blockquote></p><p> Amyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.</p><p><blockquote>Amyris(AMRS)是合成生物学领域的领导者。It 粉丝表示,它的机会是以环保的方式取代目前由石化产品、动物和植物制成的一系列产品。</blockquote></p><p> Using genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.</p><p><blockquote>使用基因改造的酵母和甘蔗,Amyris生产角鲨烷等物质,角鲨烷是一种以前由鲨鱼肝制成的高端保湿剂;香草醛,香草的调味料;以及通常来源于植物的无热量甜味剂。该股交易价格约为 13 美元。</blockquote></p><p> <i>Barron’s</i> wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.</p><p><blockquote><i>巴伦</i>七月份对该公司的评价很高。在消费品牌的推动下,Amyris 预计到 2025 年销售额将达到 20 亿美元,高于今年的 4 亿美元。</blockquote></p><p> “The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.</p><p><blockquote>“拥有 Amyris 股票的 Pinnacle Associates 公司的投资组合经理兰迪-巴伦(Randy Baron)说:”世界需要清洁化学,而 Amyris 正是创造清洁化学的关键。他认为到 2022 年底,它们的价格可能会达到 75 美元。</blockquote></p><p> Booz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.</p><p><blockquote>博思艾伦汉密尔顿控股公司(BAH)是国防部和其他机构的重要顾问。美国政府在最近一个财政年度占其收入的97%。多年来,博思艾伦通过提供网络安全等一系列服务,与政府建立了牢固的联系。其股票交易价格约为 81 美元,收益率为 1.8%。</blockquote></p><p> “It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.</p><p><blockquote>“T. Rowe Price New Horizons 基金经理乔希-斯宾塞(Josh Spencer)说:”它已经建立了一种强大的、类似合作伙伴关系的文化,并有着长期的稳定增长记录。他认为博思艾伦有能力实现 9% 至 10% 的年收入增长,每年盈利增长 15% 至 16%,与其历史表现一致。由于担心军费开支受到更多限制,该股较 100 美元的峰值下跌了 20%。斯宾塞将此次回调视为买入机会,该股估值不到市盈率的 20 倍。</blockquote></p><p> J.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.</p><p><blockquote>J.B亨特运输服务公司(JBHT)是多式联运货运领域的领导者,多式联运货运涉及卡车在铁路线上的节能运输。它是最成功的卡车运输公司之一。过去 20 年里,其股价上涨了 30 倍,最近达到 173 美元。“Durable Capital Partners 首席投资官、《巴伦周刊》圆桌会议成员亨利-埃伦博根(Henry Ellenbogen)说:”它拥有令人难以置信的特许经营权。</blockquote></p><p> J.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.</p><p><blockquote>J.B他指出,亨特与伯灵顿北圣达菲铁路公司(Burlington Northern Santa Fe railroad)的合作关系使其在多式联运货运领域占据了强大的地位。J.B亨特的业务也在不断增长,接管了小公司的卡车运输业务。它还涉足数字货运经纪业务——将卡车司机与航运客户进行匹配。</blockquote></p><p> Ellenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.</p><p><blockquote>Ellenbogen 表示,考虑到 2022 年盈利增长前景,该股 2022 年盈利预期的 22 倍是合理的。</blockquote></p><p> Marriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.</p><p><blockquote>万豪度假全球(VAC)是分时度假行业的顶级公司之一。它拥有 70 万业主,是一种有弹性的商业模式,拥有可观的费用收入,并且比同行更容易接触到夏威夷和佛罗里达州奥兰多等地的豪华房产。</blockquote></p><p> “It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.</p><p><blockquote>“Baron Focused Growth fund 的经理大卫-巴伦(David Baron)说:”它拥有最好的客户群、最高的支出和无可挑剔的资产负债表。他补充说,万豪度假公司的股价最近约为 145 美元,该公司应该会在今年晚些时候恢复股息。</blockquote></p><p> The shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.</p><p><blockquote>巴伦认为,根据 2022 年的预测,这些股票的自由现金流收益率为 11%,价格便宜。他表示,该股自 2018 年以来几乎没有变化,未来几年可能会为股东带来 20% 的年回报。</blockquote></p><p> SiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.</p><p><blockquote>SiteOne Landscape Supply(SITE)是美国最大的园林绿化产品供应商,鉴于该公司在高度分散的行业中仅占 13% 的市场份额,因此具有充足的扩张机会。</blockquote></p><p> “It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.</p><p><blockquote>“哥伦比亚大学的科尔说:”它正在有机增长,并有很多收购机会。</blockquote></p><p> The stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.</p><p><blockquote>该股估值约为 197 美元,估值丰富,是 2022 年预计每股收益 4.54 美元的 43 倍。</blockquote></p><p> Staar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.</p><p><blockquote>Staar Surgical(STAA)开发了一种可植入晶状体来矫正近视(近视)。鉴于视力问题在全球范围内的发病率不断上升,这解决了一个潜在的巨大市场。该公司预计,该镜头已在欧洲和亚洲上市至少五年,将于第四季度进入美国市场,等待美国食品和药物管理局的批准。</blockquote></p><p></p><p> “It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”</p><p><blockquote>“Baillie Gifford 全球经理道格-布罗迪(Doug Brodie)说:”它可以创造大量的销量。“它还处于起步阶段,基本上没有竞争。</blockquote></p><p> Lenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.</p><p><blockquote>双眼晶状体可在不到一小时的时间内植入,而且不需要摘除天然晶状体。在美国,每个镜片的批发成本可能在1000美元左右。</blockquote></p><p> At a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.</p><p><blockquote>Staar 股价最近为 138 美元,估值很高,是 2022 年预计销售额的 20 多倍,是 2022 年预计收益的 140 倍。但市场机会是巨大的:到2050年,全球约有50亿人可能患有近视。</blockquote></p><p> Stitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.</p><p><blockquote>Stitch Fix(SFIX)开发了服装、鞋子和其他配饰的订阅服务,拥有超过400万客户。</blockquote></p><p> “This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.</p><p><blockquote>“Stitch Fix 持有者 Marathon Partners Equity Management 的首席投资官 Mario Cibelli 说:”这可能是未来的 Nordstrom。“这是一个潜在的巨大市场,没有人以同样的方式解决这个问题”。Stitch Fix利用6,000名私人造型师和大量数据,试图识别订户的口味,以产生高满意度,并限制定期发送并由订户决定的包裹的回报。</blockquote></p><p> Its shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.</p><p><blockquote>由于投资者担心潜在的流失和公司的最终盈利能力,该公司的股价约为 44 美元,比年初的水平下跌了 60%。</blockquote></p><p> Yet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.</p><p><blockquote>然而,Cibelli 预计收入每年将增长 20% 以上,在当前美国和英国市场之外还有机会,并且在两到三年内将成为一项潜在的非常有利可图的业务。</blockquote></p><p> Trex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.</p><p><blockquote>Trex(TREX)是高端木质甲板替代品的顶级生产商,该甲板由95%的回收材料制成,是一种环保的住宅。该股股价为 105 美元,是 2022 年预期市盈率的 43 倍。</blockquote></p><p> T. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.</p><p><blockquote>T. Rowe Price 的 Spencer 认为 Trex 物有所值,因为他认为 Trex 可以实现 15% 至 20% 的可持续年收入增长。预计 2022 年盈利将增长约 20%,并在随后几年以类似的速度增长。“他说:”如果把时钟拨快三年,看起来就不会那么贵了。</blockquote></p><p> Upwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.</p><p><blockquote>Upwork(UPWK)是一个面向自由职业者的在线市场,受到了 Baillie Gifford 的 Brodie 的青睐,他说它能提高企业对自由职业者的接受度。</blockquote></p><p> The shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.</p><p><blockquote>最近股价在 44 美元左右,并不便宜。Upwork 的估值为 57 亿美元,是今年近 5 亿美元预计销售额的 10 倍多。它的运营略有亏损。</blockquote></p><p> The investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.</p><p><blockquote>投资案例是关于销售快速增长带来丰厚收益。预计今年销售额将增长 30% 以上,2022 年将增长 25%。</blockquote></p><p> “Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.</p><p><blockquote>“布罗迪说:”中小型企业更容易接受自由职业者,但大型企业的人力资源部门却对自由职业者嗤之以鼻。Upwork旨在通过审查其自由职业者和提供数千套技能来改变这种看法。“他说:”Upwork 可以成为越来越多企业级合作伙伴值得信赖的合作伙伴。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/stocks-potential-compounder-growth-51628888840?mod=hp_LEADSUPP_2\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPWK":"Upwork Inc.","SITE":"SiteOne Landscape Supply, Inc.","AMED":"阿米斯医疗","TREX":"Trex Co Inc","JBHT":"JB Hunt运输服务","STAA":"STAAR Surgical Company","VAC":"万豪度假环球","BAH":"博思艾伦咨询公司","AMRS":"阿米瑞斯","SFIX":"Stitch Fix Inc."},"source_url":"https://www.barrons.com/articles/stocks-potential-compounder-growth-51628888840?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127633167","content_text":"One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.\nThe idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.\nWall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a Barron’s cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.\nTheir search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.\nMany investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).\nBarron’s sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:\nStrong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.\n\n\n\nCompany / Ticker\nRecent Price\nYTD Change\n2021E P/E\n2021E Price/Sales\n2022E P/E\n2022E Price/Sales\nLT Growth Rate*\nMarket Value (bil)\nComment\n\n\n\n\nAmedysis / AMED\n$185.15\n-37%\n30.2\n2.7\n27.7\n2.4\n10.5%\n$6.3\nLeader in home health care\n\n\nAmyris / AMRS\n13.64\n121\nNM\n10.4\nNM\n9.7\nNA\n4.1\nLeading company in synthetic biology\n\n\nBooz Allen Hamilton Holding / BAH\n81.73\n-6\n19.4\n1.3\n17.7\n1.2\n8.6\n11.0\nDefense-department consultant\n\n\nJ.B. Hunt Transport Services / JBHT\n172.76\n26\n25.8\n1.5\n22.2\n1.4\n18.4\n18.2\nStrong in intermodal freight\n\n\nMarriott Vacations Worldwide / VAC\n147.15\n7\n40.9\n1.6\n15.7\n1.4\nNA\n6.3\nTop company in vacation timeshares\n\n\nSiteOne Landscape Supply / SITE\n197.10\n24\n45.7\n2.6\n43.5\n2.5\n19.3\n8.8\nBig supplier of landscaping supplies\n\n\nStaar Surgical / STAA\n138.19\n74\n192.3\n28.6\n140.8\n22.5\n30.0\n6.6\nMaker of implantable lens for myopia\n\n\nStitch Fix / SFIX\n44.38\n-24\nNM\n1.9\n1890.3\n1.7\n30.0\n4.8\nData-driven subscription clothing firm\n\n\nTrex / TREX\n105.94\n27\n51.9\n10.5\n43.6\n9.3\n18.8\n12.2\nTop maker of synthetic wood decking\n\n\nUpwork / UPWK\n44.31\n28\nNM\n11.4\n556.8\n9.2\nNA\n5.7\nOnline clearinghouse for free-lancers\n\n\n\nE=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.\nSource: FactSet\nAmedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.\n“There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”\nAmedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.\nAmyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.\nUsing genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.\nBarron’s wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.\n“The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.\nBooz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.\n“It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.\nJ.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.\nJ.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.\nEllenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.\nMarriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.\n“It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.\nThe shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.\nSiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.\n\n“It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.\nThe stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.\nStaar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.\n“It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”\nLenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.\nAt a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.\nStitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.\n“This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.\nIts shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.\nYet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.\nTrex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.\nT. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.\nUpwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.\nThe shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.\nThe investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.\n“Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he 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witch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893905285","repostId":"1199377263","repostType":4,"repost":{"id":"1199377263","kind":"news","pubTimestamp":1628222564,"share":"https://www.laohunote.com/m/news/1199377263?lang=zh_CN&edition=full","pubTime":"2021-08-06 12:02","market":"us","language":"en","title":"The S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199377263","media":"MarketWatch","summary":"The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered ","content":"<p>The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered on Tuesday. Yet, the “internals” of the market remain in a far worse state. This has been the case for some time (since June 11, at least), and it may continue to be the case for a while longer.</p><p><blockquote>标普500指数继续加速上行。周二创下历史收盘新高。然而,市场的 “内部因素 ”仍然处于糟糕得多的状态。这种情况已经持续了一段时间(至少从6月11日开始),而且这种情况可能会持续一段时间。</blockquote></p><p> But as long as the S&P chart is positive and above support, a “core” long position is recommended.</p><p><blockquote>但只要标准普尔图表为正值且高于支撑位,就建议持有 “核心 ”多头头寸。</blockquote></p><p> The first support level is now roughly 4370. That was the low on the two most recent days on which SPX sold off and then rebounded – July 27 and Tuesday (yes, the same day that SPX bounced back from that level and then closed at a new all-time high). Since it has been doubly tested, that makes it a viable support level. There is resistance at 4430, the all-time intraday high.</p><p><blockquote>第一个支撑位现在大约是4370。这是 SPX 最近两天抛售然后反弹的低点——7 月 27 日和周二(是的,就是 SPX 从该水平反弹然后收于历史新高的同一天)。由于它已经过双重测试,这使得它成为一个可行的支持级别。盘中历史高点4430点存在阻力。</blockquote></p><p> You can see from the accompanying chart that SPX has been in a rather right trading since July 23 – between 4370 and 4430.</p><p><blockquote>你可以从随附的图表中看到,自7月23日以来,SPX一直处于相当正确的交易状态——在4370到4430之间。</blockquote></p><p> A breakout from that range will be significant. If it were to break to the downside, that would be a negative for the SPX chart. Below there, a major support area exists at 4233, and it would likely be tested quickly after a break below 4370.</p><p><blockquote>突破该范围将意义重大。如果它向下突破,这将对 SPX 图表产生负面影响。在该处下方,4233 处存在一个主要支撑区域,在跌破 4370 后可能会很快受到测试。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fde9899a8fd1227a022dfe59858d4c5\" tg-width=\"699\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> So the SPX chart is still positive, but there is a McMillan Volatility Band (MVB) sell signal in place (green “S” on chart).</p><p><blockquote>因此,SPX 图表仍然为正值,但有一个麦克米伦波动率波段 (MVB) 卖出信号(图表上的绿色 “S”)。</blockquote></p><p> Now let’s look at some of the indicators that encompass a larger number of stocks. You will see that they are far less positive. First are the equity-only put-call ratios. These have been rising for a month, meaning they have been on sell signals during that time. Put volume has been heavy, relative to call volume, and that is what is causing these ratios to rise. It looks like there is a slight “wiggle” in the standard ratio’s chart, but the computer analysis programs say that is not significant.</p><p><blockquote>现在,让我们来看看包含大量股票的一些指标。你会发现他们远没有那么积极。首先是纯股票看跌看涨期权比率。这些价格已经上涨了一个月,这意味着它们在此期间一直处于卖出信号。相对于看涨期权成交量,看跌期权成交量一直很大,这就是导致这些比率上升的原因。标准比率的图表似乎有轻微的 “波动”,但计算机分析程序说这并不明显。</blockquote></p><p> The larger picture here is that as many stocks have been declining, option traders have been buying puts on those stocks, forcing these equity-only put-call ratios higher. As long as the ratios are rising, they will remain on sell signals.</p><p><blockquote>更大的情况是,随着许多股票的下跌,期权交易者一直在购买这些股票的看跌期权,迫使这些纯股票的看跌期权与看涨期权比率走高。只要比率上升,他们就会保持卖出信号。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87099f2be31d9ce51b1b0c4708a9f046\" tg-width=\"699\" tg-height=\"535\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f08da61f702fd9abb483cd1d8f5b4ba\" tg-width=\"700\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> Market breadth (advances minus declines) has been woeful since mid-June. That is, most stocks are going down, even though SPX is going up. In fact, what is driving this market is a handful of large-cap NASDAQ stocks (the FAANG stocks plus Microsoft are the strongest stocks).</p><p><blockquote>自 6 月中旬以来,市场广度(涨幅减去跌幅)一直很糟糕。也就是说,大多数股票都在下跌,尽管 SPX 正在上涨。事实上,推动这个市场的是少数纳斯达克大盘股(FAANG股票加微软是最强的股票)。</blockquote></p><p> Things have improved a little in the last couple of weeks, and so our breadth oscillators are on buy signals, but they are still in negative territory. Normally when SPX is making new all-time highs, the breadth oscillators are will into positive territory, reflecting a strong overall market. But that is not the case now.</p><p><blockquote>过去几周情况有所改善,因此我们的宽度振荡器处于买入信号,但仍处于负值区域。通常情况下,当SPX创下历史新高时,宽度振荡指标将进入正值区域,反映出整体市场强劲。但现在情况并非如此。</blockquote></p><p> Moreover, cumulative breadth (the running total of daily advances minus declines) has not made a new all-time high since June 11. SPX has made a new closing or intraday high on 19 separate trading days since then. That is a huge, negative market divergence, but it alone is not a sell signal. Rather, it is a strong warning to be alert – to avoid complacency.</p><p><blockquote>此外,累计宽度(每日涨幅减去跌幅的运行总和)自6月11日以来没有创下历史新高。此后,SPX 已连续 19 个交易日创下收盘或盘中新高。这是一个巨大的负面市场背离,但这本身并不是卖出信号。相反,这是一个强烈的警告,要保持警惕——避免自满。</blockquote></p><p> New 52-week highs on the NYSE continue to lead new 52-week lows. Recently, there have been some isolated days where new lows exceeded new highs using NASDAQ or “stocks only” data, but not when using NYSE data. That means this indicator remains bullish for stocks. It would turn negative if NYSE new lows exceeded new highs and were sufficiently large, but that has not happened.</p><p><blockquote>纽约证券交易所52周新高继续创下52周新低。最近,使用纳斯达克或 “仅股票 ”数据时,有一些孤立的日子出现了新低超过新高的情况,但使用纽约证券交易所数据时不会出现这种情况。这意味着该指标仍然看好股票。如果纽约证券交易所新低超过新高并且足够大,它就会变成负值,但这种情况还没有发生。</blockquote></p><p> There is a realized volatility sell signal in place, as well. That occurred when the S&P’s 20-day historical volatility first fell below 8% (in mid-June) and then later rose above 11% (in late July).</p><p><blockquote>还有一个已实现的波动率卖出信号。当标准普尔的 20 天历史波动率先跌破 8%(6 月中旬),随后又升至 11%(7 月下旬)以上时,就发生了这种情况。</blockquote></p><p> Implied volatility, on the other hand, remains in a bullish state, as far the stock market is concerned. The VIX “spike peak” buy signal of July 20 remains in place. Moreover, the VIX 200-day moving average is still declining and is well above the price of VIX.There has been a slow “creep” upward by VIX, from 15 to 19 over the last month, but that doesn’t appear to be a significant change of trend.</p><p><blockquote>另一方面,就股市而言,隐含波动率仍处于看涨状态。7 月 20 日的 VIX “尖峰 ”买入信号仍然有效。此外,VIX 200日移动平均线仍在下降,并且远高于VIX的价格。VIX 指数在过去一个月里从 15 点缓慢 “爬升 ”至 19 点,但这似乎并不是一个明显的趋势变化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3501a851250cf90d4f08e0152a5d9a9\" tg-width=\"700\" tg-height=\"524\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p></p><p> Finally, the construct of volatility derivatives remains positive for the stock market. The VIX futures are trading at a premium to VIX, and the term structures of those VIX futures and the CBOE Volatility Indices slope upward.</p><p><blockquote>最后,波动性衍生品的结构对股市仍然有利。VIX 期货的交易价格高于 VIX,并且这些 VIX 期货和芝加哥期权交易所波动率指数的期限结构呈上升趋势。</blockquote></p><p> The SPX chart is still positive. That is the most important fact. Until that changes, a long “core” position is recommended. Around that, one can trade confirmed signals – both buy and sell. A violation of the 4370 area by SPX would change things for the negative, but a breakout to new all-time highs above 4430 would reinforce the bullish case.</p><p><blockquote>SPX图表仍然是积极的。这是最重要的事实。在这种情况改变之前,建议做多“核心”头寸。围绕这一点,人们可以交易确认的信号——买入和卖出。SPX 突破 4370 区域将使情况发生负面变化,但突破 4430 上方的历史新高将加强看涨理由。</blockquote></p><p> <b>New recommendation: Conditional SPX sell signal</b></p><p><blockquote><b>新建议:有条件 SPX 卖出信号</b></blockquote></p><p> Based on the above article, we are going to lay out some parameters regarding taking a bearish position should SPX support be broken:</p><p><blockquote>根据上述文章,我们将列出一些关于在 SPX 支撑位被突破时采取看跌头寸的参数:</blockquote></p><p> <b>IF SPX trades below 4370 and stays there for an hour,</b></p><p><blockquote><b>如果SPX交易价格低于4370并在那里停留一个小时,</b></blockquote></p><p> <b>THEN buy 1 SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>然后购买 1 SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并以惊人的低25点的价格卖出1个SPDR标普500指数ETF 8月(27日)看跌期权。</b></blockquote></p><p> In addition,</p><p><blockquote>此外,</blockquote></p><p> <b>IF SPX closes below 4370,</b></p><p><blockquote><b>如果 SPX 收盘低于 4370,</b></blockquote></p><p> <b>THEN buy another bear spread:</b></p><p><blockquote><b>然后再买一个熊市价差:</b></blockquote></p><p> <b> Buy 1 (more) SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>购买 1(更多)SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 (more) SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并卖出 1(更多)SPDR标普500指数ETF 8 月(27 日)看跌期权,价格低 25 点。</b></blockquote></p><p> Note that it is possible that the second condition (close below 4370) could occur without the first condition being satisfied (if SPX breaks below 4370 late in a trading day). If that is the case, then buy 2 of these spreads on the close.</p><p><blockquote>请注意,在不满足第一个条件的情况下,第二个条件(收盘价低于 4370)可能会出现(如果 SPX 在交易日晚些时候跌破 4370)。如果是这样的话,那么在收盘时买入其中的两个价差。</blockquote></p><p> Finally, if these spreads are established, stop yourself out of all of these bear spreads on an SPX close above 4430.</p><p><blockquote>最后,如果这些价差成立,当SPX收盘价高于4430时,停止所有这些熊市价差。</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>The S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</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\">\nThe S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-06 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered on Tuesday. Yet, the “internals” of the market remain in a far worse state. This has been the case for some time (since June 11, at least), and it may continue to be the case for a while longer.</p><p><blockquote>标普500指数继续加速上行。周二创下历史收盘新高。然而,市场的 “内部因素 ”仍然处于糟糕得多的状态。这种情况已经持续了一段时间(至少从6月11日开始),而且这种情况可能会持续一段时间。</blockquote></p><p> But as long as the S&P chart is positive and above support, a “core” long position is recommended.</p><p><blockquote>但只要标准普尔图表为正值且高于支撑位,就建议持有 “核心 ”多头头寸。</blockquote></p><p> The first support level is now roughly 4370. That was the low on the two most recent days on which SPX sold off and then rebounded – July 27 and Tuesday (yes, the same day that SPX bounced back from that level and then closed at a new all-time high). Since it has been doubly tested, that makes it a viable support level. There is resistance at 4430, the all-time intraday high.</p><p><blockquote>第一个支撑位现在大约是4370。这是 SPX 最近两天抛售然后反弹的低点——7 月 27 日和周二(是的,就是 SPX 从该水平反弹然后收于历史新高的同一天)。由于它已经过双重测试,这使得它成为一个可行的支持级别。盘中历史高点4430点存在阻力。</blockquote></p><p> You can see from the accompanying chart that SPX has been in a rather right trading since July 23 – between 4370 and 4430.</p><p><blockquote>你可以从随附的图表中看到,自7月23日以来,SPX一直处于相当正确的交易状态——在4370到4430之间。</blockquote></p><p> A breakout from that range will be significant. If it were to break to the downside, that would be a negative for the SPX chart. Below there, a major support area exists at 4233, and it would likely be tested quickly after a break below 4370.</p><p><blockquote>突破该范围将意义重大。如果它向下突破,这将对 SPX 图表产生负面影响。在该处下方,4233 处存在一个主要支撑区域,在跌破 4370 后可能会很快受到测试。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fde9899a8fd1227a022dfe59858d4c5\" tg-width=\"699\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> So the SPX chart is still positive, but there is a McMillan Volatility Band (MVB) sell signal in place (green “S” on chart).</p><p><blockquote>因此,SPX 图表仍然为正值,但有一个麦克米伦波动率波段 (MVB) 卖出信号(图表上的绿色 “S”)。</blockquote></p><p> Now let’s look at some of the indicators that encompass a larger number of stocks. You will see that they are far less positive. First are the equity-only put-call ratios. These have been rising for a month, meaning they have been on sell signals during that time. Put volume has been heavy, relative to call volume, and that is what is causing these ratios to rise. It looks like there is a slight “wiggle” in the standard ratio’s chart, but the computer analysis programs say that is not significant.</p><p><blockquote>现在,让我们来看看包含大量股票的一些指标。你会发现他们远没有那么积极。首先是纯股票看跌看涨期权比率。这些价格已经上涨了一个月,这意味着它们在此期间一直处于卖出信号。相对于看涨期权成交量,看跌期权成交量一直很大,这就是导致这些比率上升的原因。标准比率的图表似乎有轻微的 “波动”,但计算机分析程序说这并不明显。</blockquote></p><p> The larger picture here is that as many stocks have been declining, option traders have been buying puts on those stocks, forcing these equity-only put-call ratios higher. As long as the ratios are rising, they will remain on sell signals.</p><p><blockquote>更大的情况是,随着许多股票的下跌,期权交易者一直在购买这些股票的看跌期权,迫使这些纯股票的看跌期权与看涨期权比率走高。只要比率上升,他们就会保持卖出信号。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87099f2be31d9ce51b1b0c4708a9f046\" tg-width=\"699\" tg-height=\"535\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f08da61f702fd9abb483cd1d8f5b4ba\" tg-width=\"700\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> Market breadth (advances minus declines) has been woeful since mid-June. That is, most stocks are going down, even though SPX is going up. In fact, what is driving this market is a handful of large-cap NASDAQ stocks (the FAANG stocks plus Microsoft are the strongest stocks).</p><p><blockquote>自 6 月中旬以来,市场广度(涨幅减去跌幅)一直很糟糕。也就是说,大多数股票都在下跌,尽管 SPX 正在上涨。事实上,推动这个市场的是少数纳斯达克大盘股(FAANG股票加微软是最强的股票)。</blockquote></p><p> Things have improved a little in the last couple of weeks, and so our breadth oscillators are on buy signals, but they are still in negative territory. Normally when SPX is making new all-time highs, the breadth oscillators are will into positive territory, reflecting a strong overall market. But that is not the case now.</p><p><blockquote>过去几周情况有所改善,因此我们的宽度振荡器处于买入信号,但仍处于负值区域。通常情况下,当SPX创下历史新高时,宽度振荡指标将进入正值区域,反映出整体市场强劲。但现在情况并非如此。</blockquote></p><p> Moreover, cumulative breadth (the running total of daily advances minus declines) has not made a new all-time high since June 11. SPX has made a new closing or intraday high on 19 separate trading days since then. That is a huge, negative market divergence, but it alone is not a sell signal. Rather, it is a strong warning to be alert – to avoid complacency.</p><p><blockquote>此外,累计宽度(每日涨幅减去跌幅的运行总和)自6月11日以来没有创下历史新高。此后,SPX 已连续 19 个交易日创下收盘或盘中新高。这是一个巨大的负面市场背离,但这本身并不是卖出信号。相反,这是一个强烈的警告,要保持警惕——避免自满。</blockquote></p><p> New 52-week highs on the NYSE continue to lead new 52-week lows. Recently, there have been some isolated days where new lows exceeded new highs using NASDAQ or “stocks only” data, but not when using NYSE data. That means this indicator remains bullish for stocks. It would turn negative if NYSE new lows exceeded new highs and were sufficiently large, but that has not happened.</p><p><blockquote>纽约证券交易所52周新高继续创下52周新低。最近,使用纳斯达克或 “仅股票 ”数据时,有一些孤立的日子出现了新低超过新高的情况,但使用纽约证券交易所数据时不会出现这种情况。这意味着该指标仍然看好股票。如果纽约证券交易所新低超过新高并且足够大,它就会变成负值,但这种情况还没有发生。</blockquote></p><p> There is a realized volatility sell signal in place, as well. That occurred when the S&P’s 20-day historical volatility first fell below 8% (in mid-June) and then later rose above 11% (in late July).</p><p><blockquote>还有一个已实现的波动率卖出信号。当标准普尔的 20 天历史波动率先跌破 8%(6 月中旬),随后又升至 11%(7 月下旬)以上时,就发生了这种情况。</blockquote></p><p> Implied volatility, on the other hand, remains in a bullish state, as far the stock market is concerned. The VIX “spike peak” buy signal of July 20 remains in place. Moreover, the VIX 200-day moving average is still declining and is well above the price of VIX.There has been a slow “creep” upward by VIX, from 15 to 19 over the last month, but that doesn’t appear to be a significant change of trend.</p><p><blockquote>另一方面,就股市而言,隐含波动率仍处于看涨状态。7 月 20 日的 VIX “尖峰 ”买入信号仍然有效。此外,VIX 200日移动平均线仍在下降,并且远高于VIX的价格。VIX 指数在过去一个月里从 15 点缓慢 “爬升 ”至 19 点,但这似乎并不是一个明显的趋势变化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3501a851250cf90d4f08e0152a5d9a9\" tg-width=\"700\" tg-height=\"524\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p></p><p> Finally, the construct of volatility derivatives remains positive for the stock market. The VIX futures are trading at a premium to VIX, and the term structures of those VIX futures and the CBOE Volatility Indices slope upward.</p><p><blockquote>最后,波动性衍生品的结构对股市仍然有利。VIX 期货的交易价格高于 VIX,并且这些 VIX 期货和芝加哥期权交易所波动率指数的期限结构呈上升趋势。</blockquote></p><p> The SPX chart is still positive. That is the most important fact. Until that changes, a long “core” position is recommended. Around that, one can trade confirmed signals – both buy and sell. A violation of the 4370 area by SPX would change things for the negative, but a breakout to new all-time highs above 4430 would reinforce the bullish case.</p><p><blockquote>SPX图表仍然是积极的。这是最重要的事实。在这种情况改变之前,建议做多“核心”头寸。围绕这一点,人们可以交易确认的信号——买入和卖出。SPX 突破 4370 区域将使情况发生负面变化,但突破 4430 上方的历史新高将加强看涨理由。</blockquote></p><p> <b>New recommendation: Conditional SPX sell signal</b></p><p><blockquote><b>新建议:有条件 SPX 卖出信号</b></blockquote></p><p> Based on the above article, we are going to lay out some parameters regarding taking a bearish position should SPX support be broken:</p><p><blockquote>根据上述文章,我们将列出一些关于在 SPX 支撑位被突破时采取看跌头寸的参数:</blockquote></p><p> <b>IF SPX trades below 4370 and stays there for an hour,</b></p><p><blockquote><b>如果SPX交易价格低于4370并在那里停留一个小时,</b></blockquote></p><p> <b>THEN buy 1 SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>然后购买 1 SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并以惊人的低25点的价格卖出1个SPDR标普500指数ETF 8月(27日)看跌期权。</b></blockquote></p><p> In addition,</p><p><blockquote>此外,</blockquote></p><p> <b>IF SPX closes below 4370,</b></p><p><blockquote><b>如果 SPX 收盘低于 4370,</b></blockquote></p><p> <b>THEN buy another bear spread:</b></p><p><blockquote><b>然后再买一个熊市价差:</b></blockquote></p><p> <b> Buy 1 (more) SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>购买 1(更多)SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 (more) SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并卖出 1(更多)SPDR标普500指数ETF 8 月(27 日)看跌期权,价格低 25 点。</b></blockquote></p><p> Note that it is possible that the second condition (close below 4370) could occur without the first condition being satisfied (if SPX breaks below 4370 late in a trading day). If that is the case, then buy 2 of these spreads on the close.</p><p><blockquote>请注意,在不满足第一个条件的情况下,第二个条件(收盘价低于 4370)可能会出现(如果 SPX 在交易日晚些时候跌破 4370)。如果是这样的话,那么在收盘时买入其中的两个价差。</blockquote></p><p> Finally, if these spreads are established, stop yourself out of all of these bear spreads on an SPX close above 4430.</p><p><blockquote>最后,如果这些价差成立,当SPX收盘价高于4430时,停止所有这些熊市价差。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/the-s-p-500-looks-strong-but-these-internals-are-far-less-positive-01628176855?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/the-s-p-500-looks-strong-but-these-internals-are-far-less-positive-01628176855?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199377263","content_text":"The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered on Tuesday. Yet, the “internals” of the market remain in a far worse state. This has been the case for some time (since June 11, at least), and it may continue to be the case for a while longer.\nBut as long as the S&P chart is positive and above support, a “core” long position is recommended.\nThe first support level is now roughly 4370. That was the low on the two most recent days on which SPX sold off and then rebounded – July 27 and Tuesday (yes, the same day that SPX bounced back from that level and then closed at a new all-time high). Since it has been doubly tested, that makes it a viable support level. There is resistance at 4430, the all-time intraday high.\nYou can see from the accompanying chart that SPX has been in a rather right trading since July 23 – between 4370 and 4430.\nA breakout from that range will be significant. If it were to break to the downside, that would be a negative for the SPX chart. Below there, a major support area exists at 4233, and it would likely be tested quickly after a break below 4370.\nLAWRENCE MCMILLAN\nSo the SPX chart is still positive, but there is a McMillan Volatility Band (MVB) sell signal in place (green “S” on chart).\nNow let’s look at some of the indicators that encompass a larger number of stocks. You will see that they are far less positive. First are the equity-only put-call ratios. These have been rising for a month, meaning they have been on sell signals during that time. Put volume has been heavy, relative to call volume, and that is what is causing these ratios to rise. It looks like there is a slight “wiggle” in the standard ratio’s chart, but the computer analysis programs say that is not significant.\nThe larger picture here is that as many stocks have been declining, option traders have been buying puts on those stocks, forcing these equity-only put-call ratios higher. As long as the ratios are rising, they will remain on sell signals.\nLAWRENCE MCMILLAN\nLAWRENCE MCMILLAN\nMarket breadth (advances minus declines) has been woeful since mid-June. That is, most stocks are going down, even though SPX is going up. In fact, what is driving this market is a handful of large-cap NASDAQ stocks (the FAANG stocks plus Microsoft are the strongest stocks).\nThings have improved a little in the last couple of weeks, and so our breadth oscillators are on buy signals, but they are still in negative territory. Normally when SPX is making new all-time highs, the breadth oscillators are will into positive territory, reflecting a strong overall market. But that is not the case now.\nMoreover, cumulative breadth (the running total of daily advances minus declines) has not made a new all-time high since June 11. SPX has made a new closing or intraday high on 19 separate trading days since then. That is a huge, negative market divergence, but it alone is not a sell signal. Rather, it is a strong warning to be alert – to avoid complacency.\nNew 52-week highs on the NYSE continue to lead new 52-week lows. Recently, there have been some isolated days where new lows exceeded new highs using NASDAQ or “stocks only” data, but not when using NYSE data. That means this indicator remains bullish for stocks. It would turn negative if NYSE new lows exceeded new highs and were sufficiently large, but that has not happened.\nThere is a realized volatility sell signal in place, as well. That occurred when the S&P’s 20-day historical volatility first fell below 8% (in mid-June) and then later rose above 11% (in late July).\nImplied volatility, on the other hand, remains in a bullish state, as far the stock market is concerned. The VIX “spike peak” buy signal of July 20 remains in place. Moreover, the VIX 200-day moving average is still declining and is well above the price of VIX.There has been a slow “creep” upward by VIX, from 15 to 19 over the last month, but that doesn’t appear to be a significant change of trend.\nLAWRENCE MCMILLAN\nFinally, the construct of volatility derivatives remains positive for the stock market. The VIX futures are trading at a premium to VIX, and the term structures of those VIX futures and the CBOE Volatility Indices slope upward.\nThe SPX chart is still positive. That is the most important fact. Until that changes, a long “core” position is recommended. Around that, one can trade confirmed signals – both buy and sell. A violation of the 4370 area by SPX would change things for the negative, but a breakout to new all-time highs above 4430 would reinforce the bullish case.\nNew recommendation: Conditional SPX sell signal\nBased on the above article, we are going to lay out some parameters regarding taking a bearish position should SPX support be broken:\nIF SPX trades below 4370 and stays there for an hour,\nTHEN buy 1 SPY Aug (27th) at-the-money put\n And sell 1 SPY Aug (27th) put with a striking price 25 points lower.\nIn addition,\nIF SPX closes below 4370,\nTHEN buy another bear spread:\n Buy 1 (more) SPY Aug (27th) at-the-money put\n And sell 1 (more) SPY Aug (27th) put with a striking price 25 points lower.\nNote that it is possible that the second condition (close below 4370) could occur without the first condition being satisfied (if SPX breaks below 4370 late in a trading day). If that is the case, then buy 2 of these spreads on the close.\nFinally, if these spreads are established, stop yourself out of all of these bear spreads on an SPX close above 4430.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893902240,"gmtCreate":1628226108480,"gmtModify":1633752414722,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Pls like ","listText":"Pls like ","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893902240","repostId":"1199377263","repostType":4,"repost":{"id":"1199377263","kind":"news","pubTimestamp":1628222564,"share":"https://www.laohunote.com/m/news/1199377263?lang=zh_CN&edition=full","pubTime":"2021-08-06 12:02","market":"us","language":"en","title":"The S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199377263","media":"MarketWatch","summary":"The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered ","content":"<p>The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered on Tuesday. Yet, the “internals” of the market remain in a far worse state. This has been the case for some time (since June 11, at least), and it may continue to be the case for a while longer.</p><p><blockquote>标普500指数继续加速上行。周二创下历史收盘新高。然而,市场的 “内部因素 ”仍然处于糟糕得多的状态。这种情况已经持续了一段时间(至少从6月11日开始),而且这种情况可能会持续一段时间。</blockquote></p><p> But as long as the S&P chart is positive and above support, a “core” long position is recommended.</p><p><blockquote>但只要标准普尔图表为正值且高于支撑位,就建议持有 “核心 ”多头头寸。</blockquote></p><p> The first support level is now roughly 4370. That was the low on the two most recent days on which SPX sold off and then rebounded – July 27 and Tuesday (yes, the same day that SPX bounced back from that level and then closed at a new all-time high). Since it has been doubly tested, that makes it a viable support level. There is resistance at 4430, the all-time intraday high.</p><p><blockquote>第一个支撑位现在大约是4370。这是 SPX 最近两天抛售然后反弹的低点——7 月 27 日和周二(是的,就是 SPX 从该水平反弹然后收于历史新高的同一天)。由于它已经过双重测试,这使得它成为一个可行的支持级别。盘中历史高点4430点存在阻力。</blockquote></p><p> You can see from the accompanying chart that SPX has been in a rather right trading since July 23 – between 4370 and 4430.</p><p><blockquote>你可以从随附的图表中看到,自7月23日以来,SPX一直处于相当正确的交易状态——在4370到4430之间。</blockquote></p><p> A breakout from that range will be significant. If it were to break to the downside, that would be a negative for the SPX chart. Below there, a major support area exists at 4233, and it would likely be tested quickly after a break below 4370.</p><p><blockquote>突破该范围将意义重大。如果它向下突破,这将对 SPX 图表产生负面影响。在该处下方,4233 处存在一个主要支撑区域,在跌破 4370 后可能会很快受到测试。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fde9899a8fd1227a022dfe59858d4c5\" tg-width=\"699\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> So the SPX chart is still positive, but there is a McMillan Volatility Band (MVB) sell signal in place (green “S” on chart).</p><p><blockquote>因此,SPX 图表仍然为正值,但有一个麦克米伦波动率波段 (MVB) 卖出信号(图表上的绿色 “S”)。</blockquote></p><p> Now let’s look at some of the indicators that encompass a larger number of stocks. You will see that they are far less positive. First are the equity-only put-call ratios. These have been rising for a month, meaning they have been on sell signals during that time. Put volume has been heavy, relative to call volume, and that is what is causing these ratios to rise. It looks like there is a slight “wiggle” in the standard ratio’s chart, but the computer analysis programs say that is not significant.</p><p><blockquote>现在,让我们来看看包含大量股票的一些指标。你会发现他们远没有那么积极。首先是纯股票看跌看涨期权比率。这些价格已经上涨了一个月,这意味着它们在此期间一直处于卖出信号。相对于看涨期权成交量,看跌期权成交量一直很大,这就是导致这些比率上升的原因。标准比率的图表似乎有轻微的 “波动”,但计算机分析程序说这并不明显。</blockquote></p><p> The larger picture here is that as many stocks have been declining, option traders have been buying puts on those stocks, forcing these equity-only put-call ratios higher. As long as the ratios are rising, they will remain on sell signals.</p><p><blockquote>更大的情况是,随着许多股票的下跌,期权交易者一直在购买这些股票的看跌期权,迫使这些纯股票的看跌期权与看涨期权比率走高。只要比率上升,他们就会保持卖出信号。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87099f2be31d9ce51b1b0c4708a9f046\" tg-width=\"699\" tg-height=\"535\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f08da61f702fd9abb483cd1d8f5b4ba\" tg-width=\"700\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> Market breadth (advances minus declines) has been woeful since mid-June. That is, most stocks are going down, even though SPX is going up. In fact, what is driving this market is a handful of large-cap NASDAQ stocks (the FAANG stocks plus Microsoft are the strongest stocks).</p><p><blockquote>自 6 月中旬以来,市场广度(涨幅减去跌幅)一直很糟糕。也就是说,大多数股票都在下跌,尽管 SPX 正在上涨。事实上,推动这个市场的是少数纳斯达克大盘股(FAANG股票加微软是最强的股票)。</blockquote></p><p> Things have improved a little in the last couple of weeks, and so our breadth oscillators are on buy signals, but they are still in negative territory. Normally when SPX is making new all-time highs, the breadth oscillators are will into positive territory, reflecting a strong overall market. But that is not the case now.</p><p><blockquote>过去几周情况有所改善,因此我们的宽度振荡器处于买入信号,但仍处于负值区域。通常情况下,当SPX创下历史新高时,宽度振荡指标将进入正值区域,反映出整体市场强劲。但现在情况并非如此。</blockquote></p><p> Moreover, cumulative breadth (the running total of daily advances minus declines) has not made a new all-time high since June 11. SPX has made a new closing or intraday high on 19 separate trading days since then. That is a huge, negative market divergence, but it alone is not a sell signal. Rather, it is a strong warning to be alert – to avoid complacency.</p><p><blockquote>此外,累计宽度(每日涨幅减去跌幅的运行总和)自6月11日以来没有创下历史新高。此后,SPX 已连续 19 个交易日创下收盘或盘中新高。这是一个巨大的负面市场背离,但这本身并不是卖出信号。相反,这是一个强烈的警告,要保持警惕——避免自满。</blockquote></p><p> New 52-week highs on the NYSE continue to lead new 52-week lows. Recently, there have been some isolated days where new lows exceeded new highs using NASDAQ or “stocks only” data, but not when using NYSE data. That means this indicator remains bullish for stocks. It would turn negative if NYSE new lows exceeded new highs and were sufficiently large, but that has not happened.</p><p><blockquote>纽约证券交易所52周新高继续创下52周新低。最近,使用纳斯达克或 “仅股票 ”数据时,有一些孤立的日子出现了新低超过新高的情况,但使用纽约证券交易所数据时不会出现这种情况。这意味着该指标仍然看好股票。如果纽约证券交易所新低超过新高并且足够大,它就会变成负值,但这种情况还没有发生。</blockquote></p><p> There is a realized volatility sell signal in place, as well. That occurred when the S&P’s 20-day historical volatility first fell below 8% (in mid-June) and then later rose above 11% (in late July).</p><p><blockquote>还有一个已实现的波动率卖出信号。当标准普尔的 20 天历史波动率先跌破 8%(6 月中旬),随后又升至 11%(7 月下旬)以上时,就发生了这种情况。</blockquote></p><p> Implied volatility, on the other hand, remains in a bullish state, as far the stock market is concerned. The VIX “spike peak” buy signal of July 20 remains in place. Moreover, the VIX 200-day moving average is still declining and is well above the price of VIX.There has been a slow “creep” upward by VIX, from 15 to 19 over the last month, but that doesn’t appear to be a significant change of trend.</p><p><blockquote>另一方面,就股市而言,隐含波动率仍处于看涨状态。7 月 20 日的 VIX “尖峰 ”买入信号仍然有效。此外,VIX 200日移动平均线仍在下降,并且远高于VIX的价格。VIX 指数在过去一个月里从 15 点缓慢 “爬升 ”至 19 点,但这似乎并不是一个明显的趋势变化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3501a851250cf90d4f08e0152a5d9a9\" tg-width=\"700\" tg-height=\"524\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p></p><p> Finally, the construct of volatility derivatives remains positive for the stock market. The VIX futures are trading at a premium to VIX, and the term structures of those VIX futures and the CBOE Volatility Indices slope upward.</p><p><blockquote>最后,波动性衍生品的结构对股市仍然有利。VIX 期货的交易价格高于 VIX,并且这些 VIX 期货和芝加哥期权交易所波动率指数的期限结构呈上升趋势。</blockquote></p><p> The SPX chart is still positive. That is the most important fact. Until that changes, a long “core” position is recommended. Around that, one can trade confirmed signals – both buy and sell. A violation of the 4370 area by SPX would change things for the negative, but a breakout to new all-time highs above 4430 would reinforce the bullish case.</p><p><blockquote>SPX图表仍然是积极的。这是最重要的事实。在这种情况改变之前,建议做多“核心”头寸。围绕这一点,人们可以交易确认的信号——买入和卖出。SPX 突破 4370 区域将使情况发生负面变化,但突破 4430 上方的历史新高将加强看涨理由。</blockquote></p><p> <b>New recommendation: Conditional SPX sell signal</b></p><p><blockquote><b>新建议:有条件 SPX 卖出信号</b></blockquote></p><p> Based on the above article, we are going to lay out some parameters regarding taking a bearish position should SPX support be broken:</p><p><blockquote>根据上述文章,我们将列出一些关于在 SPX 支撑位被突破时采取看跌头寸的参数:</blockquote></p><p> <b>IF SPX trades below 4370 and stays there for an hour,</b></p><p><blockquote><b>如果SPX交易价格低于4370并在那里停留一个小时,</b></blockquote></p><p> <b>THEN buy 1 SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>然后购买 1 SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并以惊人的低25点的价格卖出1个SPDR标普500指数ETF 8月(27日)看跌期权。</b></blockquote></p><p> In addition,</p><p><blockquote>此外,</blockquote></p><p> <b>IF SPX closes below 4370,</b></p><p><blockquote><b>如果 SPX 收盘低于 4370,</b></blockquote></p><p> <b>THEN buy another bear spread:</b></p><p><blockquote><b>然后再买一个熊市价差:</b></blockquote></p><p> <b> Buy 1 (more) SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>购买 1(更多)SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 (more) SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并卖出 1(更多)SPDR标普500指数ETF 8 月(27 日)看跌期权,价格低 25 点。</b></blockquote></p><p> Note that it is possible that the second condition (close below 4370) could occur without the first condition being satisfied (if SPX breaks below 4370 late in a trading day). If that is the case, then buy 2 of these spreads on the close.</p><p><blockquote>请注意,在不满足第一个条件的情况下,第二个条件(收盘价低于 4370)可能会出现(如果 SPX 在交易日晚些时候跌破 4370)。如果是这样的话,那么在收盘时买入其中的两个价差。</blockquote></p><p> Finally, if these spreads are established, stop yourself out of all of these bear spreads on an SPX close above 4430.</p><p><blockquote>最后,如果这些价差成立,当SPX收盘价高于4430时,停止所有这些熊市价差。</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>The S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</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\">\nThe S&P 500 looks strong — but these ‘internals’ are far less positive<blockquote>标普500看起来很强大--但这些 “内部因素 ”远没有那么积极</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-06 12:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered on Tuesday. Yet, the “internals” of the market remain in a far worse state. This has been the case for some time (since June 11, at least), and it may continue to be the case for a while longer.</p><p><blockquote>标普500指数继续加速上行。周二创下历史收盘新高。然而,市场的 “内部因素 ”仍然处于糟糕得多的状态。这种情况已经持续了一段时间(至少从6月11日开始),而且这种情况可能会持续一段时间。</blockquote></p><p> But as long as the S&P chart is positive and above support, a “core” long position is recommended.</p><p><blockquote>但只要标准普尔图表为正值且高于支撑位,就建议持有 “核心 ”多头头寸。</blockquote></p><p> The first support level is now roughly 4370. That was the low on the two most recent days on which SPX sold off and then rebounded – July 27 and Tuesday (yes, the same day that SPX bounced back from that level and then closed at a new all-time high). Since it has been doubly tested, that makes it a viable support level. There is resistance at 4430, the all-time intraday high.</p><p><blockquote>第一个支撑位现在大约是4370。这是 SPX 最近两天抛售然后反弹的低点——7 月 27 日和周二(是的,就是 SPX 从该水平反弹然后收于历史新高的同一天)。由于它已经过双重测试,这使得它成为一个可行的支持级别。盘中历史高点4430点存在阻力。</blockquote></p><p> You can see from the accompanying chart that SPX has been in a rather right trading since July 23 – between 4370 and 4430.</p><p><blockquote>你可以从随附的图表中看到,自7月23日以来,SPX一直处于相当正确的交易状态——在4370到4430之间。</blockquote></p><p> A breakout from that range will be significant. If it were to break to the downside, that would be a negative for the SPX chart. Below there, a major support area exists at 4233, and it would likely be tested quickly after a break below 4370.</p><p><blockquote>突破该范围将意义重大。如果它向下突破,这将对 SPX 图表产生负面影响。在该处下方,4233 处存在一个主要支撑区域,在跌破 4370 后可能会很快受到测试。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fde9899a8fd1227a022dfe59858d4c5\" tg-width=\"699\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> So the SPX chart is still positive, but there is a McMillan Volatility Band (MVB) sell signal in place (green “S” on chart).</p><p><blockquote>因此,SPX 图表仍然为正值,但有一个麦克米伦波动率波段 (MVB) 卖出信号(图表上的绿色 “S”)。</blockquote></p><p> Now let’s look at some of the indicators that encompass a larger number of stocks. You will see that they are far less positive. First are the equity-only put-call ratios. These have been rising for a month, meaning they have been on sell signals during that time. Put volume has been heavy, relative to call volume, and that is what is causing these ratios to rise. It looks like there is a slight “wiggle” in the standard ratio’s chart, but the computer analysis programs say that is not significant.</p><p><blockquote>现在,让我们来看看包含大量股票的一些指标。你会发现他们远没有那么积极。首先是纯股票看跌看涨期权比率。这些价格已经上涨了一个月,这意味着它们在此期间一直处于卖出信号。相对于看涨期权成交量,看跌期权成交量一直很大,这就是导致这些比率上升的原因。标准比率的图表似乎有轻微的 “波动”,但计算机分析程序说这并不明显。</blockquote></p><p> The larger picture here is that as many stocks have been declining, option traders have been buying puts on those stocks, forcing these equity-only put-call ratios higher. As long as the ratios are rising, they will remain on sell signals.</p><p><blockquote>更大的情况是,随着许多股票的下跌,期权交易者一直在购买这些股票的看跌期权,迫使这些纯股票的看跌期权与看涨期权比率走高。只要比率上升,他们就会保持卖出信号。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87099f2be31d9ce51b1b0c4708a9f046\" tg-width=\"699\" tg-height=\"535\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f08da61f702fd9abb483cd1d8f5b4ba\" tg-width=\"700\" tg-height=\"523\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p> Market breadth (advances minus declines) has been woeful since mid-June. That is, most stocks are going down, even though SPX is going up. In fact, what is driving this market is a handful of large-cap NASDAQ stocks (the FAANG stocks plus Microsoft are the strongest stocks).</p><p><blockquote>自 6 月中旬以来,市场广度(涨幅减去跌幅)一直很糟糕。也就是说,大多数股票都在下跌,尽管 SPX 正在上涨。事实上,推动这个市场的是少数纳斯达克大盘股(FAANG股票加微软是最强的股票)。</blockquote></p><p> Things have improved a little in the last couple of weeks, and so our breadth oscillators are on buy signals, but they are still in negative territory. Normally when SPX is making new all-time highs, the breadth oscillators are will into positive territory, reflecting a strong overall market. But that is not the case now.</p><p><blockquote>过去几周情况有所改善,因此我们的宽度振荡器处于买入信号,但仍处于负值区域。通常情况下,当SPX创下历史新高时,宽度振荡指标将进入正值区域,反映出整体市场强劲。但现在情况并非如此。</blockquote></p><p> Moreover, cumulative breadth (the running total of daily advances minus declines) has not made a new all-time high since June 11. SPX has made a new closing or intraday high on 19 separate trading days since then. That is a huge, negative market divergence, but it alone is not a sell signal. Rather, it is a strong warning to be alert – to avoid complacency.</p><p><blockquote>此外,累计宽度(每日涨幅减去跌幅的运行总和)自6月11日以来没有创下历史新高。此后,SPX 已连续 19 个交易日创下收盘或盘中新高。这是一个巨大的负面市场背离,但这本身并不是卖出信号。相反,这是一个强烈的警告,要保持警惕——避免自满。</blockquote></p><p> New 52-week highs on the NYSE continue to lead new 52-week lows. Recently, there have been some isolated days where new lows exceeded new highs using NASDAQ or “stocks only” data, but not when using NYSE data. That means this indicator remains bullish for stocks. It would turn negative if NYSE new lows exceeded new highs and were sufficiently large, but that has not happened.</p><p><blockquote>纽约证券交易所52周新高继续创下52周新低。最近,使用纳斯达克或 “仅股票 ”数据时,有一些孤立的日子出现了新低超过新高的情况,但使用纽约证券交易所数据时不会出现这种情况。这意味着该指标仍然看好股票。如果纽约证券交易所新低超过新高并且足够大,它就会变成负值,但这种情况还没有发生。</blockquote></p><p> There is a realized volatility sell signal in place, as well. That occurred when the S&P’s 20-day historical volatility first fell below 8% (in mid-June) and then later rose above 11% (in late July).</p><p><blockquote>还有一个已实现的波动率卖出信号。当标准普尔的 20 天历史波动率先跌破 8%(6 月中旬),随后又升至 11%(7 月下旬)以上时,就发生了这种情况。</blockquote></p><p> Implied volatility, on the other hand, remains in a bullish state, as far the stock market is concerned. The VIX “spike peak” buy signal of July 20 remains in place. Moreover, the VIX 200-day moving average is still declining and is well above the price of VIX.There has been a slow “creep” upward by VIX, from 15 to 19 over the last month, but that doesn’t appear to be a significant change of trend.</p><p><blockquote>另一方面,就股市而言,隐含波动率仍处于看涨状态。7 月 20 日的 VIX “尖峰 ”买入信号仍然有效。此外,VIX 200日移动平均线仍在下降,并且远高于VIX的价格。VIX 指数在过去一个月里从 15 点缓慢 “爬升 ”至 19 点,但这似乎并不是一个明显的趋势变化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3501a851250cf90d4f08e0152a5d9a9\" tg-width=\"700\" tg-height=\"524\" width=\"100%\" height=\"auto\"><span>LAWRENCE MCMILLAN</span></p><p><blockquote><p class=\"t-img-caption\"><span>劳伦斯·麦克米伦</span></p></blockquote></p><p></p><p> Finally, the construct of volatility derivatives remains positive for the stock market. The VIX futures are trading at a premium to VIX, and the term structures of those VIX futures and the CBOE Volatility Indices slope upward.</p><p><blockquote>最后,波动性衍生品的结构对股市仍然有利。VIX 期货的交易价格高于 VIX,并且这些 VIX 期货和芝加哥期权交易所波动率指数的期限结构呈上升趋势。</blockquote></p><p> The SPX chart is still positive. That is the most important fact. Until that changes, a long “core” position is recommended. Around that, one can trade confirmed signals – both buy and sell. A violation of the 4370 area by SPX would change things for the negative, but a breakout to new all-time highs above 4430 would reinforce the bullish case.</p><p><blockquote>SPX图表仍然是积极的。这是最重要的事实。在这种情况改变之前,建议做多“核心”头寸。围绕这一点,人们可以交易确认的信号——买入和卖出。SPX 突破 4370 区域将使情况发生负面变化,但突破 4430 上方的历史新高将加强看涨理由。</blockquote></p><p> <b>New recommendation: Conditional SPX sell signal</b></p><p><blockquote><b>新建议:有条件 SPX 卖出信号</b></blockquote></p><p> Based on the above article, we are going to lay out some parameters regarding taking a bearish position should SPX support be broken:</p><p><blockquote>根据上述文章,我们将列出一些关于在 SPX 支撑位被突破时采取看跌头寸的参数:</blockquote></p><p> <b>IF SPX trades below 4370 and stays there for an hour,</b></p><p><blockquote><b>如果SPX交易价格低于4370并在那里停留一个小时,</b></blockquote></p><p> <b>THEN buy 1 SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>然后购买 1 SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并以惊人的低25点的价格卖出1个SPDR标普500指数ETF 8月(27日)看跌期权。</b></blockquote></p><p> In addition,</p><p><blockquote>此外,</blockquote></p><p> <b>IF SPX closes below 4370,</b></p><p><blockquote><b>如果 SPX 收盘低于 4370,</b></blockquote></p><p> <b>THEN buy another bear spread:</b></p><p><blockquote><b>然后再买一个熊市价差:</b></blockquote></p><p> <b> Buy 1 (more) SPY Aug (27th) at-the-money put</b></p><p><blockquote><b>购买 1(更多)SPDR标普500指数ETF 8 月(27 日)实值看跌期权</b></blockquote></p><p> <b> And sell 1 (more) SPY Aug (27th) put with a striking price 25 points lower.</b></p><p><blockquote><b>并卖出 1(更多)SPDR标普500指数ETF 8 月(27 日)看跌期权,价格低 25 点。</b></blockquote></p><p> Note that it is possible that the second condition (close below 4370) could occur without the first condition being satisfied (if SPX breaks below 4370 late in a trading day). If that is the case, then buy 2 of these spreads on the close.</p><p><blockquote>请注意,在不满足第一个条件的情况下,第二个条件(收盘价低于 4370)可能会出现(如果 SPX 在交易日晚些时候跌破 4370)。如果是这样的话,那么在收盘时买入其中的两个价差。</blockquote></p><p> Finally, if these spreads are established, stop yourself out of all of these bear spreads on an SPX close above 4430.</p><p><blockquote>最后,如果这些价差成立,当SPX收盘价高于4430时,停止所有这些熊市价差。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/the-s-p-500-looks-strong-but-these-internals-are-far-less-positive-01628176855?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/the-s-p-500-looks-strong-but-these-internals-are-far-less-positive-01628176855?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199377263","content_text":"The S&P 500 index continues to accelerate to the upside. A new all-time closing high was registered on Tuesday. Yet, the “internals” of the market remain in a far worse state. This has been the case for some time (since June 11, at least), and it may continue to be the case for a while longer.\nBut as long as the S&P chart is positive and above support, a “core” long position is recommended.\nThe first support level is now roughly 4370. That was the low on the two most recent days on which SPX sold off and then rebounded – July 27 and Tuesday (yes, the same day that SPX bounced back from that level and then closed at a new all-time high). Since it has been doubly tested, that makes it a viable support level. There is resistance at 4430, the all-time intraday high.\nYou can see from the accompanying chart that SPX has been in a rather right trading since July 23 – between 4370 and 4430.\nA breakout from that range will be significant. If it were to break to the downside, that would be a negative for the SPX chart. Below there, a major support area exists at 4233, and it would likely be tested quickly after a break below 4370.\nLAWRENCE MCMILLAN\nSo the SPX chart is still positive, but there is a McMillan Volatility Band (MVB) sell signal in place (green “S” on chart).\nNow let’s look at some of the indicators that encompass a larger number of stocks. You will see that they are far less positive. First are the equity-only put-call ratios. These have been rising for a month, meaning they have been on sell signals during that time. Put volume has been heavy, relative to call volume, and that is what is causing these ratios to rise. It looks like there is a slight “wiggle” in the standard ratio’s chart, but the computer analysis programs say that is not significant.\nThe larger picture here is that as many stocks have been declining, option traders have been buying puts on those stocks, forcing these equity-only put-call ratios higher. As long as the ratios are rising, they will remain on sell signals.\nLAWRENCE MCMILLAN\nLAWRENCE MCMILLAN\nMarket breadth (advances minus declines) has been woeful since mid-June. That is, most stocks are going down, even though SPX is going up. In fact, what is driving this market is a handful of large-cap NASDAQ stocks (the FAANG stocks plus Microsoft are the strongest stocks).\nThings have improved a little in the last couple of weeks, and so our breadth oscillators are on buy signals, but they are still in negative territory. Normally when SPX is making new all-time highs, the breadth oscillators are will into positive territory, reflecting a strong overall market. But that is not the case now.\nMoreover, cumulative breadth (the running total of daily advances minus declines) has not made a new all-time high since June 11. SPX has made a new closing or intraday high on 19 separate trading days since then. That is a huge, negative market divergence, but it alone is not a sell signal. Rather, it is a strong warning to be alert – to avoid complacency.\nNew 52-week highs on the NYSE continue to lead new 52-week lows. Recently, there have been some isolated days where new lows exceeded new highs using NASDAQ or “stocks only” data, but not when using NYSE data. That means this indicator remains bullish for stocks. It would turn negative if NYSE new lows exceeded new highs and were sufficiently large, but that has not happened.\nThere is a realized volatility sell signal in place, as well. That occurred when the S&P’s 20-day historical volatility first fell below 8% (in mid-June) and then later rose above 11% (in late July).\nImplied volatility, on the other hand, remains in a bullish state, as far the stock market is concerned. The VIX “spike peak” buy signal of July 20 remains in place. Moreover, the VIX 200-day moving average is still declining and is well above the price of VIX.There has been a slow “creep” upward by VIX, from 15 to 19 over the last month, but that doesn’t appear to be a significant change of trend.\nLAWRENCE MCMILLAN\nFinally, the construct of volatility derivatives remains positive for the stock market. The VIX futures are trading at a premium to VIX, and the term structures of those VIX futures and the CBOE Volatility Indices slope upward.\nThe SPX chart is still positive. That is the most important fact. Until that changes, a long “core” position is recommended. Around that, one can trade confirmed signals – both buy and sell. A violation of the 4370 area by SPX would change things for the negative, but a breakout to new all-time highs above 4430 would reinforce the bullish case.\nNew recommendation: Conditional SPX sell signal\nBased on the above article, we are going to lay out some parameters regarding taking a bearish position should SPX support be broken:\nIF SPX trades below 4370 and stays there for an hour,\nTHEN buy 1 SPY Aug (27th) at-the-money put\n And sell 1 SPY Aug (27th) put with a striking price 25 points lower.\nIn addition,\nIF SPX closes below 4370,\nTHEN buy another bear spread:\n Buy 1 (more) SPY Aug (27th) at-the-money put\n And sell 1 (more) SPY Aug (27th) put with a striking price 25 points lower.\nNote that it is possible that the second condition (close below 4370) could occur without the first condition being satisfied (if SPX breaks below 4370 late in a trading day). If that is the case, then buy 2 of these spreads on the close.\nFinally, if these spreads are established, stop yourself out of all of these bear spreads on an SPX close above 4430.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807967656,"gmtCreate":1627997655975,"gmtModify":1633754547151,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807967656","repostId":"1126095878","repostType":4,"isVote":1,"tweetType":1,"viewCount":682,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805850556,"gmtCreate":1627871309075,"gmtModify":1633755744516,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569475560240278","idStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805850556","repostId":"1107999713","repostType":4,"repost":{"id":"1107999713","kind":"news","pubTimestamp":1627871116,"share":"https://www.laohunote.com/m/news/1107999713?lang=zh_CN&edition=full","pubTime":"2021-08-02 10:25","market":"us","language":"en","title":"Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days<blockquote>参议院公布 1 万亿美元两党基础设施法案,预计几天内进行投票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107999713","media":"Associated Press","summary":"WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure","content":"<p>WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Sunday night, wrapping up days of painstaking work on the inches-thick bill and launching what is certain to be a lengthy debate over President Joe Biden’s big priority.</p><p><blockquote>华盛顿(美联社)--经过长时间的拖延,参议员们于周日晚公布了一项近1万亿美元的两党基础设施一揽子计划,结束了几天来对这项厚达几英寸的法案的艰苦工作,并就乔-拜登总统的当务之急展开了一场旷日持久的辩论。</blockquote></p><p> The Infrastructure Investment and Jobs Act clocked in at some 2,700 pages, and senators could begin amending it soon. Despite the hurry-up-and-wait during a rare weekend session, the final product was not intended to stray from the broad outline senators had negotiated for weeks with the White House.</p><p><blockquote>《基础设施投资和就业法案》长达约2700页,参议员们可能很快就会开始修改它。尽管在罕见的周末会议期间匆忙等待,但最终产品并不打算偏离参议员们与白宫谈判了数周的大致轮廓。</blockquote></p><p> Senate Majority Leader Chuck Schumer, D-N.Y., said a final vote could be held “in a matter of days.”</p><p><blockquote>参议院多数党领袖、纽约州民主党人查克-舒默(Chuck Schumer)说,最终投票可能 “在几天内 ”举行。</blockquote></p><p> A key part of Biden’s agenda, the bipartisan bill is the first phase of the president’s infrastructure plan. It calls for $550 billion in new spending over five years above projected federal levels, what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.</p><p><blockquote>作为拜登议程的关键部分,两党法案是总统基础设施计划的第一阶段。它评级了五年内5500亿美元的新支出,高于联邦预计水平,这可能是多年来美国道路、桥梁、自来水厂、宽带和电网方面最大规模的支出之一。</blockquote></p><p> Senators and staff labored behind the scenes for days to write the massive bill. It was supposed to be ready Friday, but by Sunday even more glitches were caught and changes made. To prod the work, Schumer kept senators in session over the weekend, encouraging the authors to finish up work.</p><p><blockquote>参议员和工作人员在幕后工作了几天来起草这项庞大的法案。它本应在周五准备好,但到了周日,更多的故障被发现,并进行了更改。为了推动这项工作,舒默让参议员们在周末开会,鼓励作者们完成工作。</blockquote></p><p> One by one, senators involved in the bipartisan effort rose on the Senate floor late in the evening Sunday to mark the moment.</p><p><blockquote>周日深夜,参与两党努力的参议员们一个接一个地在参议院起立,纪念这一时刻。</blockquote></p><p> “We know that this has been a long and sometimes difficult process, but we are proud this evening to announce this legislation,” said Sen. Kyrsten Sinema, D-Ariz., a lead negotiator.</p><p><blockquote>“首席谈判代表、亚利桑那州民主党参议员 Kyrsten Sinema 说:”我们知道这是一个漫长而艰难的过程,但我们很自豪能在今晚宣布这项立法。</blockquote></p><p> Republican negotiator Sen. Rob Portman of Ohio said the final product will be “great for the American people.”</p><p><blockquote>共和党谈判代表、俄亥俄州参议员罗布-波特曼(Rob Portman)表示,最终产品将 “对美国人民大有裨益”。</blockquote></p><p> Over the long weekend of starts and stops, Schumer repeatedly warned that he was prepared to keep lawmakers in Washington for as long as it took to complete votes on both the bipartisan infrastructure plan as well as a budget blueprint that would allow the Senate to begin work later this year on a massive, $3.5 trillion social, health and environmental bill.</p><p><blockquote>在这个断断续续的长周末里,舒默一再警告说,只要完成对两党基础设施计划和预算蓝图的投票,他就准备让立法者留在华盛顿,这将使参议院能够在今年晚些时候开始一项大规模的3.5万亿美元的社会、健康和环境法案。</blockquote></p><p> ”The longer it takes to finish, the longer we will be here, but we’re going to get the job done,” he said.</p><p><blockquote>“他说:”完成工作所需的时间越长,我们在这里的时间就越长,但我们会完成工作。</blockquote></p><p> Sen. John Cornyn, R-Texas, predicted: “It’s going to be a grind.”</p><p><blockquote>得克萨斯州共和党参议员约翰-科宁(John Cornyn)预测: “这将是一场磨难”。</blockquote></p><p> Among the major new investments in the bipartisan package are $110 billion for roads and bridges, $39 billion for public transit and $66 billion for rail. There’s also $55 billion for water and wastewater infrastructure as well as billions for airports, ports, broadband internet and electric vehicle charging stations.</p><p><blockquote>两党一揽子计划中的主要新投资包括1100亿美元用于道路和桥梁,390亿美元用于公共交通,660亿美元用于铁路。此外,还有 550 亿美元用于供水和废水处理基础设施,数十亿美元用于机场、港口、宽带互联网和电动汽车充电站。</blockquote></p><p> The spending is broadly popular among lawmakers, bringing long-delayed capital for big-ticket items that cites and states can rarely afford on their own.</p><p><blockquote>这项支出在立法者中广受欢迎,为各州很少能够独自负担的大件商品带来了拖延已久的资金。</blockquote></p><p> Paying for the package has been a challenge after senators rejected ideas to raise revenue from a new gas tax or other streams. Instead, it is being financed from funding sources that might not pass muster with deficit hawks, including repurposing some $205 billion in untapped COVID-19 relief aid, as well as unemployment assistance that was turned back by some states and relying on projected future economic growth.</p><p><blockquote>在参议员们拒绝了通过新的汽油税或其他渠道增加收入的想法后,支付一揽子计划一直是一个挑战。相反,它的资金来源可能无法得到赤字鹰派的认可,包括重新利用约 2,050 亿美元未使用的 COVID-19 救济援助,以及被一些州拒绝并依赖于预计未来经济增长的失业援助。</blockquote></p><p> Bipartisan support from Republican and Democratic senators pushed the process along, and Schumer wanted the voting to be wrapped up before senators left for the August recess.</p><p><blockquote>共和党和民主党参议员的两党支持推动了这一进程,舒默希望在参议员们离开八月休会之前结束投票。</blockquote></p><p> Last week week, 17 GOP senators joined all Democrats in voting to start work on the bipartisan bill. That support largely held, with Senate Minority Leader Mitch McConnell, R-Ky., voting yes in another procedural vote to nudge the process along in the 50-50 Senate, where 60 votes are needed to overcome a filibuster an advance legislation.</p><p><blockquote>上周,17名共和党参议员与所有民主党人一起投票开始制定两党法案。参议院少数党领袖米奇·麦康奈尔(Mitch McConnell)在很大程度上得到了支持。在另一次程序性投票中投赞成票,以推动50比50的参议院的进程,在参议院需要60票才能克服阻挠议事的提前立法。</blockquote></p><p> Whether the number of Republican senators willing to pass the bill grows or shrinks in the days ahead will determine if the president’s signature issue can make it across the finish line.</p><p><blockquote>未来几天愿意通过该法案的共和党参议员人数是增加还是减少,将决定总统的签名问题能否冲过终点线。</blockquote></p><p> Cornyn said he expects Schumer to allow all senators to have a chance to shape the bipartisan bill and allow for amendments from members of both parties.</p><p><blockquote>科宁说,他希望舒默允许所有参议员有机会塑造两党法案,并允许两党成员提出修正案。</blockquote></p><p> “I hope we can now pump the brakes a little bit and take the time and care to evaluate the benefits and the cost of this legislation,” Cornyn said.</p><p><blockquote>“科宁说:”我希望我们现在能踩下刹车,花时间和精力评估这项立法的好处和成本。</blockquote></p><p> The bipartisan bill still faces a rough road in the House, where progressive lawmakers want a more robust package but may have to settle for this one to keep Biden’s infrastructure plans on track.</p><p><blockquote>这项两党法案在众议院仍面临崎岖的道路,进步派立法者希望提出一个更有力的方案,但可能不得不满足于这一方案,以保持拜登的基础设施计划步入正轨。</blockquote></p><p> The outcome with the bipartisan effort will set the stage for the next debate over Biden’s much more ambitious $3.5 trillion package, a strictly partisan pursuit of far-reaching programs and services including child care, tax breaks and health care that touch almost every corner of American life. Republicans strongly oppose that bill, which would require a simple majority for passage. Final votes on that measure are not expected until fall.</p><p><blockquote>两党共同努力的结果将为下一次关于拜登雄心勃勃的 3.5 万亿美元一揽子计划的辩论奠定基础,拜登的计划和服务是严格的党派追求,包括儿童保育、税收减免和医疗保健,几乎触及了美国生活的每一个角落。共和党人强烈反对该法案,该法案需要简单多数才能通过。对该措施的最终投票预计要到秋季才会进行。</blockquote></p><p></p>","source":"lsy1603278176698","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>Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days<blockquote>参议院公布 1 万亿美元两党基础设施法案,预计几天内进行投票</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\">\nSenate unveils $1 trillion bipartisan infrastructure bill, vote expected within days<blockquote>参议院公布 1 万亿美元两党基础设施法案,预计几天内进行投票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Associated Press</strong><span class=\"h-time small\">2021-08-02 10:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Sunday night, wrapping up days of painstaking work on the inches-thick bill and launching what is certain to be a lengthy debate over President Joe Biden’s big priority.</p><p><blockquote>华盛顿(美联社)--经过长时间的拖延,参议员们于周日晚公布了一项近1万亿美元的两党基础设施一揽子计划,结束了几天来对这项厚达几英寸的法案的艰苦工作,并就乔-拜登总统的当务之急展开了一场旷日持久的辩论。</blockquote></p><p> The Infrastructure Investment and Jobs Act clocked in at some 2,700 pages, and senators could begin amending it soon. Despite the hurry-up-and-wait during a rare weekend session, the final product was not intended to stray from the broad outline senators had negotiated for weeks with the White House.</p><p><blockquote>《基础设施投资和就业法案》长达约2700页,参议员们可能很快就会开始修改它。尽管在罕见的周末会议期间匆忙等待,但最终产品并不打算偏离参议员们与白宫谈判了数周的大致轮廓。</blockquote></p><p> Senate Majority Leader Chuck Schumer, D-N.Y., said a final vote could be held “in a matter of days.”</p><p><blockquote>参议院多数党领袖、纽约州民主党人查克-舒默(Chuck Schumer)说,最终投票可能 “在几天内 ”举行。</blockquote></p><p> A key part of Biden’s agenda, the bipartisan bill is the first phase of the president’s infrastructure plan. It calls for $550 billion in new spending over five years above projected federal levels, what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.</p><p><blockquote>作为拜登议程的关键部分,两党法案是总统基础设施计划的第一阶段。它评级了五年内5500亿美元的新支出,高于联邦预计水平,这可能是多年来美国道路、桥梁、自来水厂、宽带和电网方面最大规模的支出之一。</blockquote></p><p> Senators and staff labored behind the scenes for days to write the massive bill. It was supposed to be ready Friday, but by Sunday even more glitches were caught and changes made. To prod the work, Schumer kept senators in session over the weekend, encouraging the authors to finish up work.</p><p><blockquote>参议员和工作人员在幕后工作了几天来起草这项庞大的法案。它本应在周五准备好,但到了周日,更多的故障被发现,并进行了更改。为了推动这项工作,舒默让参议员们在周末开会,鼓励作者们完成工作。</blockquote></p><p> One by one, senators involved in the bipartisan effort rose on the Senate floor late in the evening Sunday to mark the moment.</p><p><blockquote>周日深夜,参与两党努力的参议员们一个接一个地在参议院起立,纪念这一时刻。</blockquote></p><p> “We know that this has been a long and sometimes difficult process, but we are proud this evening to announce this legislation,” said Sen. Kyrsten Sinema, D-Ariz., a lead negotiator.</p><p><blockquote>“首席谈判代表、亚利桑那州民主党参议员 Kyrsten Sinema 说:”我们知道这是一个漫长而艰难的过程,但我们很自豪能在今晚宣布这项立法。</blockquote></p><p> Republican negotiator Sen. Rob Portman of Ohio said the final product will be “great for the American people.”</p><p><blockquote>共和党谈判代表、俄亥俄州参议员罗布-波特曼(Rob Portman)表示,最终产品将 “对美国人民大有裨益”。</blockquote></p><p> Over the long weekend of starts and stops, Schumer repeatedly warned that he was prepared to keep lawmakers in Washington for as long as it took to complete votes on both the bipartisan infrastructure plan as well as a budget blueprint that would allow the Senate to begin work later this year on a massive, $3.5 trillion social, health and environmental bill.</p><p><blockquote>在这个断断续续的长周末里,舒默一再警告说,只要完成对两党基础设施计划和预算蓝图的投票,他就准备让立法者留在华盛顿,这将使参议院能够在今年晚些时候开始一项大规模的3.5万亿美元的社会、健康和环境法案。</blockquote></p><p> ”The longer it takes to finish, the longer we will be here, but we’re going to get the job done,” he said.</p><p><blockquote>“他说:”完成工作所需的时间越长,我们在这里的时间就越长,但我们会完成工作。</blockquote></p><p> Sen. John Cornyn, R-Texas, predicted: “It’s going to be a grind.”</p><p><blockquote>得克萨斯州共和党参议员约翰-科宁(John Cornyn)预测: “这将是一场磨难”。</blockquote></p><p> Among the major new investments in the bipartisan package are $110 billion for roads and bridges, $39 billion for public transit and $66 billion for rail. There’s also $55 billion for water and wastewater infrastructure as well as billions for airports, ports, broadband internet and electric vehicle charging stations.</p><p><blockquote>两党一揽子计划中的主要新投资包括1100亿美元用于道路和桥梁,390亿美元用于公共交通,660亿美元用于铁路。此外,还有 550 亿美元用于供水和废水处理基础设施,数十亿美元用于机场、港口、宽带互联网和电动汽车充电站。</blockquote></p><p> The spending is broadly popular among lawmakers, bringing long-delayed capital for big-ticket items that cites and states can rarely afford on their own.</p><p><blockquote>这项支出在立法者中广受欢迎,为各州很少能够独自负担的大件商品带来了拖延已久的资金。</blockquote></p><p> Paying for the package has been a challenge after senators rejected ideas to raise revenue from a new gas tax or other streams. Instead, it is being financed from funding sources that might not pass muster with deficit hawks, including repurposing some $205 billion in untapped COVID-19 relief aid, as well as unemployment assistance that was turned back by some states and relying on projected future economic growth.</p><p><blockquote>在参议员们拒绝了通过新的汽油税或其他渠道增加收入的想法后,支付一揽子计划一直是一个挑战。相反,它的资金来源可能无法得到赤字鹰派的认可,包括重新利用约 2,050 亿美元未使用的 COVID-19 救济援助,以及被一些州拒绝并依赖于预计未来经济增长的失业援助。</blockquote></p><p> Bipartisan support from Republican and Democratic senators pushed the process along, and Schumer wanted the voting to be wrapped up before senators left for the August recess.</p><p><blockquote>共和党和民主党参议员的两党支持推动了这一进程,舒默希望在参议员们离开八月休会之前结束投票。</blockquote></p><p> Last week week, 17 GOP senators joined all Democrats in voting to start work on the bipartisan bill. That support largely held, with Senate Minority Leader Mitch McConnell, R-Ky., voting yes in another procedural vote to nudge the process along in the 50-50 Senate, where 60 votes are needed to overcome a filibuster an advance legislation.</p><p><blockquote>上周,17名共和党参议员与所有民主党人一起投票开始制定两党法案。参议院少数党领袖米奇·麦康奈尔(Mitch McConnell)在很大程度上得到了支持。在另一次程序性投票中投赞成票,以推动50比50的参议院的进程,在参议院需要60票才能克服阻挠议事的提前立法。</blockquote></p><p> Whether the number of Republican senators willing to pass the bill grows or shrinks in the days ahead will determine if the president’s signature issue can make it across the finish line.</p><p><blockquote>未来几天愿意通过该法案的共和党参议员人数是增加还是减少,将决定总统的签名问题能否冲过终点线。</blockquote></p><p> Cornyn said he expects Schumer to allow all senators to have a chance to shape the bipartisan bill and allow for amendments from members of both parties.</p><p><blockquote>科宁说,他希望舒默允许所有参议员有机会塑造两党法案,并允许两党成员提出修正案。</blockquote></p><p> “I hope we can now pump the brakes a little bit and take the time and care to evaluate the benefits and the cost of this legislation,” Cornyn said.</p><p><blockquote>“科宁说:”我希望我们现在能踩下刹车,花时间和精力评估这项立法的好处和成本。</blockquote></p><p> The bipartisan bill still faces a rough road in the House, where progressive lawmakers want a more robust package but may have to settle for this one to keep Biden’s infrastructure plans on track.</p><p><blockquote>这项两党法案在众议院仍面临崎岖的道路,进步派立法者希望提出一个更有力的方案,但可能不得不满足于这一方案,以保持拜登的基础设施计划步入正轨。</blockquote></p><p> The outcome with the bipartisan effort will set the stage for the next debate over Biden’s much more ambitious $3.5 trillion package, a strictly partisan pursuit of far-reaching programs and services including child care, tax breaks and health care that touch almost every corner of American life. Republicans strongly oppose that bill, which would require a simple majority for passage. Final votes on that measure are not expected until fall.</p><p><blockquote>两党共同努力的结果将为下一次关于拜登雄心勃勃的 3.5 万亿美元一揽子计划的辩论奠定基础,拜登的计划和服务是严格的党派追求,包括儿童保育、税收减免和医疗保健,几乎触及了美国生活的每一个角落。共和党人强烈反对该法案,该法案需要简单多数才能通过。对该措施的最终投票预计要到秋季才会进行。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://apnews.com/article/joe-biden-business-1e9f1160f5ec2131a1d76a62b2c75529\">Associated Press</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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://apnews.com/article/joe-biden-business-1e9f1160f5ec2131a1d76a62b2c75529","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107999713","content_text":"WASHINGTON (AP) — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Sunday night, wrapping up days of painstaking work on the inches-thick bill and launching what is certain to be a lengthy debate over President Joe Biden’s big priority.\nThe Infrastructure Investment and Jobs Act clocked in at some 2,700 pages, and senators could begin amending it soon. Despite the hurry-up-and-wait during a rare weekend session, the final product was not intended to stray from the broad outline senators had negotiated for weeks with the White House.\nSenate Majority Leader Chuck Schumer, D-N.Y., said a final vote could be held “in a matter of days.”\nA key part of Biden’s agenda, the bipartisan bill is the first phase of the president’s infrastructure plan. It calls for $550 billion in new spending over five years above projected federal levels, what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.\nSenators and staff labored behind the scenes for days to write the massive bill. It was supposed to be ready Friday, but by Sunday even more glitches were caught and changes made. To prod the work, Schumer kept senators in session over the weekend, encouraging the authors to finish up work.\nOne by one, senators involved in the bipartisan effort rose on the Senate floor late in the evening Sunday to mark the moment.\n“We know that this has been a long and sometimes difficult process, but we are proud this evening to announce this legislation,” said Sen. Kyrsten Sinema, D-Ariz., a lead negotiator.\nRepublican negotiator Sen. Rob Portman of Ohio said the final product will be “great for the American people.”\nOver the long weekend of starts and stops, Schumer repeatedly warned that he was prepared to keep lawmakers in Washington for as long as it took to complete votes on both the bipartisan infrastructure plan as well as a budget blueprint that would allow the Senate to begin work later this year on a massive, $3.5 trillion social, health and environmental bill.\n”The longer it takes to finish, the longer we will be here, but we’re going to get the job done,” he said.\nSen. John Cornyn, R-Texas, predicted: “It’s going to be a grind.”\nAmong the major new investments in the bipartisan package are $110 billion for roads and bridges, $39 billion for public transit and $66 billion for rail. There’s also $55 billion for water and wastewater infrastructure as well as billions for airports, ports, broadband internet and electric vehicle charging stations.\nThe spending is broadly popular among lawmakers, bringing long-delayed capital for big-ticket items that cites and states can rarely afford on their own.\nPaying for the package has been a challenge after senators rejected ideas to raise revenue from a new gas tax or other streams. Instead, it is being financed from funding sources that might not pass muster with deficit hawks, including repurposing some $205 billion in untapped COVID-19 relief aid, as well as unemployment assistance that was turned back by some states and relying on projected future economic growth.\nBipartisan support from Republican and Democratic senators pushed the process along, and Schumer wanted the voting to be wrapped up before senators left for the August recess.\nLast week week, 17 GOP senators joined all Democrats in voting to start work on the bipartisan bill. That support largely held, with Senate Minority Leader Mitch McConnell, R-Ky., voting yes in another procedural vote to nudge the process along in the 50-50 Senate, where 60 votes are needed to overcome a filibuster an advance legislation.\nWhether the number of Republican senators willing to pass the bill grows or shrinks in the days ahead will determine if the president’s signature issue can make it across the finish line.\nCornyn said he expects Schumer to allow all senators to have a chance to shape the bipartisan bill and allow for amendments from members of both parties.\n“I hope we can now pump the brakes a little bit and take the time and care to evaluate the benefits and the cost of this legislation,” Cornyn said.\nThe bipartisan bill still faces a rough road in the House, where progressive lawmakers want a more robust package but may have to settle for this one to keep Biden’s infrastructure plans on track.\nThe outcome with the bipartisan effort will set the stage for the next debate over Biden’s much more ambitious $3.5 trillion package, a strictly partisan pursuit of far-reaching programs and services including child care, tax breaks and health care that touch almost every corner of American life. Republicans strongly oppose that bill, which would require a simple majority for passage. Final votes on that measure are not expected until fall.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":171249261,"gmtCreate":1626747657153,"gmtModify":1633771427143,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":11,"repostSize":0,"link":"https://laohu8.com/post/171249261","repostId":"2152366384","repostType":4,"isVote":1,"tweetType":1,"viewCount":870,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159763144,"gmtCreate":1624980567388,"gmtModify":1633946198236,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/159763144","repostId":"1174683579","repostType":4,"repost":{"id":"1174683579","kind":"news","weMediaInfo":{"introduction":"个股异动一手消息解读","home_visible":1,"media_name":"行情直击","id":"1059448697","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"pubTimestamp":1777402016,"share":"https://www.laohunote.com/m/news/1174683579?lang=zh_CN&edition=full","pubTime":"2026-04-29 02:46","market":"us","language":"zh","title":"异动解读|Galaxy Digital盘中上涨5.15%,Q1业绩大幅超预期叠加投行首次覆盖","url":"https://stock-news.laohu8.com/highlight/detail?id=1174683579","media":"行情直击","summary":"4月28日,Galaxy Digital盘中上涨5.15%,报26.34美元/股,成交额1.16亿美元。消息面上,公司公布一季度财报,调整后每股亏损0.49美元,大幅优于市场预期的亏损0.95美元,超预期幅度达48.42%;季度营收录得100.41亿美元,同样超越分析师预期的95.44亿美元。此外,Chardan于近日首次覆盖Galaxy Digital,给予买入评级及35美元目标价,高于当前股价约33%。业绩超预期与投行积极覆盖形成双重利好,推动股价走强。","content":"<p><p>4月28日,Galaxy Digital盘中上涨5.15%,报26.34美元/股,成交额1.16亿美元。</p><p>消息面上,公司公布一季度财报,调整后每股亏损0.49美元,大幅优于市场预期的亏损0.95美元,超预期幅度达48.42%;季度营收录得100.41亿美元,同样超越分析师预期的95.44亿美元。此外,Chardan于近日首次覆盖Galaxy Digital,给予买入评级及35美元目标价,高于当前股价约33%。目前市场分析师对该股平均评级为买入,平均目标价为40.10美元。业绩超预期与投行积极覆盖形成双重利好,推动股价走强。</p><p>(以上内容均基于市场公开消息,由程序或算法智能生成,仅作为股价异动提醒,不作为投资建议或交易依据。)</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>异动解读|Galaxy Digital盘中上涨5.15%,Q1业绩大幅超预期叠加投行首次覆盖</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n异动解读|Galaxy Digital盘中上涨5.15%,Q1业绩大幅超预期叠加投行首次覆盖\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1059448697\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">行情直击 </p>\n<p class=\"h-time\">2026-04-29 02:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>4月28日,Galaxy Digital盘中上涨5.15%,报26.34美元/股,成交额1.16亿美元。</p><p>消息面上,公司公布一季度财报,调整后每股亏损0.49美元,大幅优于市场预期的亏损0.95美元,超预期幅度达48.42%;季度营收录得100.41亿美元,同样超越分析师预期的95.44亿美元。此外,Chardan于近日首次覆盖Galaxy Digital,给予买入评级及35美元目标价,高于当前股价约33%。目前市场分析师对该股平均评级为买入,平均目标价为40.10美元。业绩超预期与投行积极覆盖形成双重利好,推动股价走强。</p><p>(以上内容均基于市场公开消息,由程序或算法智能生成,仅作为股价异动提醒,不作为投资建议或交易依据。)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GLXY":"Galaxy Digital Holdings Ltd."},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174683579","content_text":"4月28日,Galaxy Digital盘中上涨5.15%,报26.34美元/股,成交额1.16亿美元。消息面上,公司公布一季度财报,调整后每股亏损0.49美元,大幅优于市场预期的亏损0.95美元,超预期幅度达48.42%;季度营收录得100.41亿美元,同样超越分析师预期的95.44亿美元。此外,Chardan于近日首次覆盖Galaxy Digital,给予买入评级及35美元目标价,高于当前股价约33%。目前市场分析师对该股平均评级为买入,平均目标价为40.10美元。业绩超预期与投行积极覆盖形成双重利好,推动股价走强。(以上内容均基于市场公开消息,由程序或算法智能生成,仅作为股价异动提醒,不作为投资建议或交易依据。)","news_type":1,"symbols_score_info":{"GLXY":1}},"isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173336855,"gmtCreate":1626614431177,"gmtModify":1633925490269,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/173336855","repostId":"1123523681","repostType":4,"isVote":1,"tweetType":1,"viewCount":804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170339276,"gmtCreate":1626403352795,"gmtModify":1633927052525,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/170339276","repostId":"2151573133","repostType":4,"isVote":1,"tweetType":1,"viewCount":760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145256242,"gmtCreate":1626226925786,"gmtModify":1633928850527,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/145256242","repostId":"1148011457","repostType":4,"repost":{"id":"1148011457","kind":"news","pubTimestamp":1626226288,"share":"https://www.laohunote.com/m/news/1148011457?lang=zh_CN&edition=full","pubTime":"2021-07-14 09:31","market":"us","language":"en","title":"This surge in inflation will soon be history — because companies will sacrifice profit for market share<blockquote>这种通胀飙升很快就会成为历史——因为公司将为了市场份额而牺牲利润</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148011457","media":"MarketWatch","summary":"Market share trumps pricing power.\n\nInflationsurged in June, but it is now at or near its peak for t","content":"<p> <b>Market share trumps pricing power.</b> Inflationsurged in June, but it is now at or near its peak for this cycle.</p><p><blockquote><b>市场份额胜过定价权。</b>6月份通胀飙升,但目前处于或接近本周期的峰值。</blockquote></p><p> What will determine the path of consumer-price inflation from this point on is how companies answer a key question: What is more important, protecting profit margins or protecting market share?</p><p><blockquote>从现在起,决定消费者价格通胀路径的是企业如何回答一个关键问题:保护利润率和保护市场份额哪个更重要?</blockquote></p><p> There is no doubt that input costs have soared. Paying higher wages to attract new workers and retain current employees does raise operating expenses. So does spending more on key commodities. The temptation therefore to pass those higher costs on to customers is strong.</p><p><blockquote>毫无疑问,投入成本飙升。支付更高的工资来吸引新工人和留住现有员工确实会增加运营费用。增加在关键商品上的支出也是如此。因此,将这些更高的成本转嫁给客户的诱惑很大。</blockquote></p><p> <b>Calculated risk</b></p><p><blockquote><b>计算风险</b></blockquote></p><p> But it is also a calculated risk. There is always the fear that longtime clients will walk away and instead do business with a competitor who suddenly sees an opportunity to stand out from the pack by dropping prices. And if there is one painful lesson companies of all sizes have learned it is that once you lose market share, it is hellishly difficult and expensive to get it back.</p><p><blockquote>但这也是一种经过计算的风险。人们总是担心长期客户会离开,转而与竞争对手做生意,而竞争对手突然看到了通过降价脱颖而出的机会。如果说各种规模的公司都吸取了一个惨痛的教训,那就是一旦失去了市场份额,想要夺回市场份额是极其困难和昂贵的。</blockquote></p><p> What June’s 0.9% jump in the consumer price index tells us is that most businesses found their operating expenses increased way too much and way too quickly to simply be absorbed. They had to make up for those shrinking margins by charging consumers more.</p><p><blockquote>6 月份消费者价格指数上涨 0.9% 告诉我们,大多数企业发现他们的运营费用增长得太多、太快,根本无法消化。他们不得不通过向消费者收取更高的费用来弥补利润的萎缩。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cd8661c9e62b57cf95d3d61da103d77a\" tg-width=\"1260\" tg-height=\"710\">Again, it’s a calculated risk and probably a safe one…for now! After all, households are flush with cash and eager to spend, and that means Americans are less likely to be price sensitive at this time. We haven’t seen such pricing power in decades. Inflation has risen by 5.4% over the past 12 months, the fastest gain since the summer of 2008, with core CPI up a sharp 4.5%, the most since 1991.</p><p><blockquote>同样,这是一个经过计算的风险,而且可能是一个安全的风险.目前!毕竟,家庭现金充裕,渴望消费,这意味着美国人此时不太可能对价格敏感。几十年来,我们从未见过如此强大的定价权。过去 12 个月通胀率上升了 5.4%,为 2008 年夏季以来的最快涨幅,核心 CPI 大幅上涨 4.5%,为 1991 年以来的最大涨幅。</blockquote></p><p> So long as pricing power doesn’t threaten market share, inflation will continue to creep higher. But history has shown this cannot last long. Price competition will re-emerge in the second half of the year and more vigorously in 2022 and that should soften inflation pressures. Here’s why.</p><p><blockquote>只要定价权不威胁到市场份额,通胀就会继续攀升。但历史表明,这种情况不会持续太久。价格竞争将在下半年重新出现,并在2022年更加激烈,这应该会缓解通胀压力。原因如下。</blockquote></p><p> <b>Here’s why inflation has peaked</b></p><p><blockquote><b>这就是通货膨胀见顶的原因</b></blockquote></p><p> First, as Washington transitions from fiscal stimulus to fiscal restraint, we expect to see household consumption ease accordingly.</p><p><blockquote>首先,随着华盛顿从财政刺激转向财政紧缩,我们预计家庭消费将相应放缓。</blockquote></p><p> Second, the enormous buildup in pent-up demand by consumers over the past year provided the economy with much forward momentum. But as demand is being satisfied, this spending drive will lose momentum.</p><p><blockquote>其次,过去一年,消费者被压抑的需求大量增加,为经济提供了很大的前进动力。但随着需求得到满足,这种支出驱动将失去动力。</blockquote></p><p> Third, there is little doubt the Federal Reserve is gearing up to scale back purchases of mortgage-backed securities and Treasuries. Whether it begins to taper quantitative easing at the end of this year or early next, once they do, the cost of borrowing will increase. That will slow both home sales and capital investments.</p><p><blockquote>第三,毫无疑问,美联储正在准备缩减抵押贷款支持证券和国债的购买规模。无论是今年年底还是明年初开始缩减量化宽松,一旦他们这样做,借贷成本都会增加。这将减缓房屋销售和资本投资。</blockquote></p><p> Fourth, the supply-chain bottlenecks of the first half have begun to ease. Cargo ships are being unloaded at a faster pace, especially on the West Coast. This improvement in logistics sets the stage for the price of commodities and finished goods to drift lower.</p><p><blockquote>四是上半年供应链瓶颈开始缓解。货船正在以更快的速度卸货,尤其是在西海岸。物流的这种改善为大宗商品和制成品价格的下行奠定了基础。</blockquote></p><p> Finally, and I say this will some reluctance, as much as we wish to declare victory over the COVID-19 virus, it would be premature to do so. The appearance of new variants (Delta, Delta plus and now Lambda) in the U.S., combined with the challenge of getting 70% to 80% of the U.S. population fully vaccinated (the figure is only 48% as of today, according to the CDC) raises the specter of another wave of infections in the fall and winter. That, too, could also take some wind out of the economy.</p><p><blockquote>最后,我说这将是一些不情愿,尽管我们希望宣布战胜新冠肺炎病毒,但现在这样做还为时过早。美国新变种(Delta、Delta plus和现在的Lambda)的出现,加上让70%至80%的美国人口完全接种疫苗的挑战(根据CDC的数据,截至今天,这一数字仅为48%),引发了秋冬季另一波感染的幽灵。这也可能会给经济带来一些压力。</blockquote></p><p> Our assessment is we are near the peak in the inflation cycle and most voting members on the Federal Open Market Committee share this general sentiment. The forces that drive price competition and bring down retail prices are bound to emerge as consumers seek out more deals and as firms refocus on locking in, if not expanding, their market share.</p><p><blockquote>我们的评估是,我们已接近通胀周期的峰值,联邦公开市场委员会的大多数投票成员都认同这种普遍情绪。随着消费者寻求更多交易,以及企业重新专注于锁定(如果不是扩大)市场份额,推动价格竞争和降低零售价格的力量必然会出现。</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>This surge in inflation will soon be history — because companies will sacrifice profit for market share<blockquote>这种通胀飙升很快就会成为历史——因为公司将为了市场份额而牺牲利润</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\">\nThis surge in inflation will soon be history — because companies will sacrifice profit for market share<blockquote>这种通胀飙升很快就会成为历史——因为公司将为了市场份额而牺牲利润</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-14 09:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p> <b>Market share trumps pricing power.</b> Inflationsurged in June, but it is now at or near its peak for this cycle.</p><p><blockquote><b>市场份额胜过定价权。</b>6月份通胀飙升,但目前处于或接近本周期的峰值。</blockquote></p><p> What will determine the path of consumer-price inflation from this point on is how companies answer a key question: What is more important, protecting profit margins or protecting market share?</p><p><blockquote>从现在起,决定消费者价格通胀路径的是企业如何回答一个关键问题:保护利润率和保护市场份额哪个更重要?</blockquote></p><p> There is no doubt that input costs have soared. Paying higher wages to attract new workers and retain current employees does raise operating expenses. So does spending more on key commodities. The temptation therefore to pass those higher costs on to customers is strong.</p><p><blockquote>毫无疑问,投入成本飙升。支付更高的工资来吸引新工人和留住现有员工确实会增加运营费用。增加在关键商品上的支出也是如此。因此,将这些更高的成本转嫁给客户的诱惑很大。</blockquote></p><p> <b>Calculated risk</b></p><p><blockquote><b>计算风险</b></blockquote></p><p> But it is also a calculated risk. There is always the fear that longtime clients will walk away and instead do business with a competitor who suddenly sees an opportunity to stand out from the pack by dropping prices. And if there is one painful lesson companies of all sizes have learned it is that once you lose market share, it is hellishly difficult and expensive to get it back.</p><p><blockquote>但这也是一种经过计算的风险。人们总是担心长期客户会离开,转而与竞争对手做生意,而竞争对手突然看到了通过降价脱颖而出的机会。如果说各种规模的公司都吸取了一个惨痛的教训,那就是一旦失去了市场份额,想要夺回市场份额是极其困难和昂贵的。</blockquote></p><p> What June’s 0.9% jump in the consumer price index tells us is that most businesses found their operating expenses increased way too much and way too quickly to simply be absorbed. They had to make up for those shrinking margins by charging consumers more.</p><p><blockquote>6 月份消费者价格指数上涨 0.9% 告诉我们,大多数企业发现他们的运营费用增长得太多、太快,根本无法消化。他们不得不通过向消费者收取更高的费用来弥补利润的萎缩。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/cd8661c9e62b57cf95d3d61da103d77a\" tg-width=\"1260\" tg-height=\"710\">Again, it’s a calculated risk and probably a safe one…for now! After all, households are flush with cash and eager to spend, and that means Americans are less likely to be price sensitive at this time. We haven’t seen such pricing power in decades. Inflation has risen by 5.4% over the past 12 months, the fastest gain since the summer of 2008, with core CPI up a sharp 4.5%, the most since 1991.</p><p><blockquote>同样,这是一个经过计算的风险,而且可能是一个安全的风险.目前!毕竟,家庭现金充裕,渴望消费,这意味着美国人此时不太可能对价格敏感。几十年来,我们从未见过如此强大的定价权。过去 12 个月通胀率上升了 5.4%,为 2008 年夏季以来的最快涨幅,核心 CPI 大幅上涨 4.5%,为 1991 年以来的最大涨幅。</blockquote></p><p> So long as pricing power doesn’t threaten market share, inflation will continue to creep higher. But history has shown this cannot last long. Price competition will re-emerge in the second half of the year and more vigorously in 2022 and that should soften inflation pressures. Here’s why.</p><p><blockquote>只要定价权不威胁到市场份额,通胀就会继续攀升。但历史表明,这种情况不会持续太久。价格竞争将在下半年重新出现,并在2022年更加激烈,这应该会缓解通胀压力。原因如下。</blockquote></p><p> <b>Here’s why inflation has peaked</b></p><p><blockquote><b>这就是通货膨胀见顶的原因</b></blockquote></p><p> First, as Washington transitions from fiscal stimulus to fiscal restraint, we expect to see household consumption ease accordingly.</p><p><blockquote>首先,随着华盛顿从财政刺激转向财政紧缩,我们预计家庭消费将相应放缓。</blockquote></p><p> Second, the enormous buildup in pent-up demand by consumers over the past year provided the economy with much forward momentum. But as demand is being satisfied, this spending drive will lose momentum.</p><p><blockquote>其次,过去一年,消费者被压抑的需求大量增加,为经济提供了很大的前进动力。但随着需求得到满足,这种支出驱动将失去动力。</blockquote></p><p> Third, there is little doubt the Federal Reserve is gearing up to scale back purchases of mortgage-backed securities and Treasuries. Whether it begins to taper quantitative easing at the end of this year or early next, once they do, the cost of borrowing will increase. That will slow both home sales and capital investments.</p><p><blockquote>第三,毫无疑问,美联储正在准备缩减抵押贷款支持证券和国债的购买规模。无论是今年年底还是明年初开始缩减量化宽松,一旦他们这样做,借贷成本都会增加。这将减缓房屋销售和资本投资。</blockquote></p><p> Fourth, the supply-chain bottlenecks of the first half have begun to ease. Cargo ships are being unloaded at a faster pace, especially on the West Coast. This improvement in logistics sets the stage for the price of commodities and finished goods to drift lower.</p><p><blockquote>四是上半年供应链瓶颈开始缓解。货船正在以更快的速度卸货,尤其是在西海岸。物流的这种改善为大宗商品和制成品价格的下行奠定了基础。</blockquote></p><p> Finally, and I say this will some reluctance, as much as we wish to declare victory over the COVID-19 virus, it would be premature to do so. The appearance of new variants (Delta, Delta plus and now Lambda) in the U.S., combined with the challenge of getting 70% to 80% of the U.S. population fully vaccinated (the figure is only 48% as of today, according to the CDC) raises the specter of another wave of infections in the fall and winter. That, too, could also take some wind out of the economy.</p><p><blockquote>最后,我说这将是一些不情愿,尽管我们希望宣布战胜新冠肺炎病毒,但现在这样做还为时过早。美国新变种(Delta、Delta plus和现在的Lambda)的出现,加上让70%至80%的美国人口完全接种疫苗的挑战(根据CDC的数据,截至今天,这一数字仅为48%),引发了秋冬季另一波感染的幽灵。这也可能会给经济带来一些压力。</blockquote></p><p> Our assessment is we are near the peak in the inflation cycle and most voting members on the Federal Open Market Committee share this general sentiment. The forces that drive price competition and bring down retail prices are bound to emerge as consumers seek out more deals and as firms refocus on locking in, if not expanding, their market share.</p><p><blockquote>我们的评估是,我们已接近通胀周期的峰值,联邦公开市场委员会的大多数投票成员都认同这种普遍情绪。随着消费者寻求更多交易,以及企业重新专注于锁定(如果不是扩大)市场份额,推动价格竞争和降低零售价格的力量必然会出现。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/five-reasons-weve-seen-the-peak-of-inflation-for-this-cycle-11626195636?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",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/five-reasons-weve-seen-the-peak-of-inflation-for-this-cycle-11626195636?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148011457","content_text":"Market share trumps pricing power.\n\nInflationsurged in June, but it is now at or near its peak for this cycle.\nWhat will determine the path of consumer-price inflation from this point on is how companies answer a key question: What is more important, protecting profit margins or protecting market share?\nThere is no doubt that input costs have soared. Paying higher wages to attract new workers and retain current employees does raise operating expenses. So does spending more on key commodities. The temptation therefore to pass those higher costs on to customers is strong.\nCalculated risk\nBut it is also a calculated risk. There is always the fear that longtime clients will walk away and instead do business with a competitor who suddenly sees an opportunity to stand out from the pack by dropping prices. And if there is one painful lesson companies of all sizes have learned it is that once you lose market share, it is hellishly difficult and expensive to get it back.\nWhat June’s 0.9% jump in the consumer price index tells us is that most businesses found their operating expenses increased way too much and way too quickly to simply be absorbed. They had to make up for those shrinking margins by charging consumers more.\nAgain, it’s a calculated risk and probably a safe one…for now! After all, households are flush with cash and eager to spend, and that means Americans are less likely to be price sensitive at this time. We haven’t seen such pricing power in decades. Inflation has risen by 5.4% over the past 12 months, the fastest gain since the summer of 2008, with core CPI up a sharp 4.5%, the most since 1991.\nSo long as pricing power doesn’t threaten market share, inflation will continue to creep higher. But history has shown this cannot last long. Price competition will re-emerge in the second half of the year and more vigorously in 2022 and that should soften inflation pressures. Here’s why.\nHere’s why inflation has peaked\nFirst, as Washington transitions from fiscal stimulus to fiscal restraint, we expect to see household consumption ease accordingly.\nSecond, the enormous buildup in pent-up demand by consumers over the past year provided the economy with much forward momentum. But as demand is being satisfied, this spending drive will lose momentum.\nThird, there is little doubt the Federal Reserve is gearing up to scale back purchases of mortgage-backed securities and Treasuries. Whether it begins to taper quantitative easing at the end of this year or early next, once they do, the cost of borrowing will increase. That will slow both home sales and capital investments.\nFourth, the supply-chain bottlenecks of the first half have begun to ease. Cargo ships are being unloaded at a faster pace, especially on the West Coast. This improvement in logistics sets the stage for the price of commodities and finished goods to drift lower.\nFinally, and I say this will some reluctance, as much as we wish to declare victory over the COVID-19 virus, it would be premature to do so. The appearance of new variants (Delta, Delta plus and now Lambda) in the U.S., combined with the challenge of getting 70% to 80% of the U.S. population fully vaccinated (the figure is only 48% as of today, according to the CDC) raises the specter of another wave of infections in the fall and winter. That, too, could also take some wind out of the economy.\nOur assessment is we are near the peak in the inflation cycle and most voting members on the Federal Open Market Committee share this general sentiment. The forces that drive price competition and bring down retail prices are bound to emerge as consumers seek out more deals and as firms refocus on locking in, if not expanding, their market share.","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836866984,"gmtCreate":1629470400648,"gmtModify":1633684601464,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/836866984","repostId":"1102192078","repostType":4,"isVote":1,"tweetType":1,"viewCount":2409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176777957,"gmtCreate":1626918608779,"gmtModify":1633769748566,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/176777957","repostId":"2153477496","repostType":4,"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146311608,"gmtCreate":1626053411404,"gmtModify":1633930630022,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/146311608","repostId":"2150300768","repostType":4,"isVote":1,"tweetType":1,"viewCount":810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164962192,"gmtCreate":1624166437816,"gmtModify":1634009896678,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/164962192","repostId":"1133385197","repostType":4,"isVote":1,"tweetType":1,"viewCount":569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818401741,"gmtCreate":1630423015783,"gmtModify":1633678159029,"author":{"id":"3569475560240278","authorId":"3569475560240278","name":"Lynnhc","avatar":"https://static.tigerbbs.com/e6dc43cb9687c77705c0430f8c92b608","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569475560240278","authorIdStr":"3569475560240278"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/818401741","repostId":"1198196473","repostType":4,"isVote":1,"tweetType":1,"viewCount":2313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}