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Airlee
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Airlee
2021-11-09
$NIO Inc.(NIO)$
sharing for tiger coins
Airlee
2021-11-08
Nice game
@小虎活动:[Halloween Game] Trade or Treat!
Airlee
2021-11-08
$Pacific Biosciences of California(PACB)$
sharing for tiger coins
Airlee
2021-11-07
Nice
@小虎活动:[Halloween Game] Trade or Treat!
Airlee
2021-11-07
$Tesla Motors(TSLA)$
niceee
Airlee
2021-11-05
$Tesla Motors(TSLA)$
let's keep going
Airlee
2021-11-03
Nice
@小虎活动:[Halloween Game] Trade or Treat!
Airlee
2021-11-03
$Tesla Motors(TSLA)$
next target 1.5k?
Airlee
2021-11-02
$Tesla Motors(TSLA)$
nice
Airlee
2021-10-31
$MP Materials Corp.(MP)$
patience required
Airlee
2021-10-30
Nice
@小虎活动:[Halloween Game] Trade or Treat!
Airlee
2021-10-30
$Tesla Motors(TSLA)$
nice
Airlee
2021-10-29
Sharing
@小虎活动:[Halloween Game] Trade or Treat!
Airlee
2021-10-29
$Tesla Motors(TSLA)$
1. 2k comeon
Airlee
2021-10-28
$Tesla Motors(TSLA)$
gogogo
Airlee
2021-10-26
$MP Materials Corp.(MP)$
hold and wait for rise
Airlee
2021-10-24
$Tesla Motors(TSLA)$
woohoo
Airlee
2021-10-22
$Zomedica Pharmaceuticals Corp.(ZOM)$
worst loser in my holdings [流泪]
Airlee
2021-10-21
$Tesla Motors(TSLA)$
monster growth
Airlee
2021-10-20
$Tesla Motors(TSLA)$
next tp 1000
去老虎APP查看更多动态
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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842723673,"gmtCreate":1636246653328,"gmtModify":1636246653662,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>niceee","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>niceee","text":"$Tesla Motors(TSLA)$niceee","images":[{"img":"https://static.tigerbbs.com/cf5b6ad61a829f5e678b3fe640a842e4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842723673","isVote":1,"tweetType":1,"viewCount":2034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":846845326,"gmtCreate":1636075180394,"gmtModify":1636075180711,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> let's keep going","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> let's keep going","text":"$Tesla Motors(TSLA)$ let's keep going","images":[{"img":"https://static.tigerbbs.com/a180d0ff33ee6d1f9a16c58a6e704f3c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846845326","isVote":1,"tweetType":1,"viewCount":2323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":841828188,"gmtCreate":1635902301623,"gmtModify":1635902301723,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841828188","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers! 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All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? 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for coins","listText":"Posting for coins","text":"Posting for coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/327402000","repostId":"1191266303","repostType":4,"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120652163,"gmtCreate":1624322617552,"gmtModify":1634007867199,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"But my stocks falling, lol","listText":"But my stocks falling, lol","text":"But my stocks falling, lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/120652163","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137540529,"gmtCreate":1622368460161,"gmtModify":1634101996063,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/137540529","repostId":"2138948877","repostType":4,"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323875905,"gmtCreate":1615335227507,"gmtModify":1703487448802,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Waiting for this! ","listText":"Waiting for this! ","text":"Waiting for this!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/323875905","repostId":"2118628444","repostType":4,"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366616960,"gmtCreate":1614473064750,"gmtModify":1703477661556,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/366616960","repostId":"1181374212","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813006518,"gmtCreate":1630111694234,"gmtModify":1704956069919,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>it can only go upwards","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>it can only go upwards","text":"$Palantir Technologies Inc.(PLTR)$it can only go upwards","images":[{"img":"https://static.tigerbbs.com/79e71aee26bfe9b442be65acdb16a9f8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813006518","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":105906832,"gmtCreate":1620262127926,"gmtModify":1634206584273,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/105906832","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://www.laohu8.com/m/news/1148686352?lang=zh_CN&edition=full","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天:1893年的恐慌导致股市崩盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事?1893年的这一天,美股遭遇了当时历史上最严重的盘中跌幅。市场位置:道琼斯指数当天收于30.02点。世界上还发生了什么?在……</div></blockquote></p><p> <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a> </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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 Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天:1893年的恐慌导致股市崩盘</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 Day In Market History: Panic Of 1893 Crashes Stock Market<blockquote>市场历史上的这一天:1893年的恐慌导致股市崩盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">benzinga</strong><span class=\"h-time small\">2021-05-05 22:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...</p><p><blockquote><div>怎么回事?1893年的这一天,美股遭遇了当时历史上最严重的盘中跌幅。市场位置:道琼斯指数当天收于30.02点。世界上还发生了什么?在……</div></blockquote></p><p> <a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a> </div> </p><p><blockquote><a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">benzinga</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":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358765872,"gmtCreate":1616732252396,"gmtModify":1634524305090,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Indeed","listText":"Indeed","text":"Indeed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/358765872","repostId":"1100799979","repostType":4,"repost":{"id":"1100799979","kind":"news","pubTimestamp":1616730844,"share":"https://www.laohu8.com/m/news/1100799979?lang=zh_CN&edition=full","pubTime":"2021-03-26 11:54","market":"us","language":"en","title":"Stay bullish on the stock market in the face of some fresh sell signals<blockquote>面对一些新的卖出信号,保持看涨股市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100799979","media":"marketwatch","summary":"The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticea","content":"<p>The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticeably behind, and the S&P 500 indexcaught somewhere in the middle. This is not a good scenario for stocks.</p><p><blockquote>股市继续由道琼斯工业平均指数领涨,纳斯达克明显落后,标普500指数介于两者之间。对于股票来说,这不是一个好的情况。</blockquote></p><p> There is an old adage that it is not good for the market if the Generals are out in front of the Army (the “Generals” being General Motors, General Electric, etc. – i.e., the mainstays of the Dow of days gone by; the “Army” being the main body of stocks). The point is that if the advance is narrow and limited to the largest institutional stocks, then trouble lies ahead.</p><p><blockquote>有一句古老的谚语说,如果将军们在军队前面,对市场没有好处(“将军”是通用汽车、通用电气等。–即过去道琼斯指数的中流砥柱;“军队”是股票的主体)。关键是,如果涨幅狭窄且仅限于最大的机构股,那么麻烦就在前方。</blockquote></p><p> It is a good point, but too vague to implement as a trading system. We would normally see that reflected in breadth (which is now giving a sell signal) and new highs vs. new lows (which is also on a sell signal).</p><p><blockquote>这是一个很好的观点,但太模糊了,无法作为一个交易系统来实施。我们通常会看到这反映在广度(现在给出卖出信号)和新高与新低(也是卖出信号)上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c46ab28413e089cb3da5f328292ad4e7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰</blockquote></p><p> One positive thing is that the SPX chart is still in an uptrend, as the moving averages and “modified Bollinger Bands” are still trending higher. However, if the S&P breaks through support at 3,870, that uptrend would be called into question. As one can see from the accompanying chart, there is further support near 3,725. If that is broken, the bears would clearly be in charge. Meanwhile, the recent all-time highs, at 3,985, represent resistance.</p><p><blockquote>一件积极的事情是,SPX图表仍处于上升趋势,因为移动平均线和“修正布林线”仍呈走高趋势。然而,如果标准普尔指数突破3,870点的支撑位,这一上升趋势将受到质疑。从附图可以看出,3725点附近有进一步的支撑。如果这一点被打破,空头显然会掌权。与此同时,近期历史高点3,985点代表阻力位。</blockquote></p><p> What is different today compared to previous minor pullbacks is that several of our internal indicators have weakened considerably and are on sell signals: breadth, new highs vs. new lows, and equity-only put-call ratios.</p><p><blockquote>与之前的小幅回调相比,今天的不同之处在于,我们的几个内部指标已显着减弱并发出卖出信号:广度、新高与新低以及仅股票的看跌看涨期权比率。</blockquote></p><p> Equity-only put-call ratios remain on sell signals that were first generated in mid-February and that have strengthened by beginning to rise rapidly. They are still relatively low on their charts, meaning that there is a lot of room to move higher before one might say they are “oversold.”</p><p><blockquote>仅股票的看跌-看涨期权比率仍处于2月中旬首次产生的卖出信号,并通过开始快速上涨而加强。它们在图表上仍然相对较低,这意味着在人们可能会说它们“超卖”之前还有很大的走高空间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bfd689fa18eceb515c752afa1cb024f7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN<img src=\"https://static.tigerbbs.com/9216bd23616405d8464aa44f5baea259\" tg-width=\"620\" tg-height=\"460\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰劳伦斯·麦克米兰</blockquote></p><p> Breadth has deteriorated badly over the past two weeks – especially this last week. Sell signals were generated by the breadth oscillators on March 18 and March 19, and those oscillators have plunged since then. The “stocks only” breadth oscillator has already descended into oversold territory, but “oversold doesn’t mean buy.”</p><p><blockquote>广度在过去两周严重恶化,尤其是上周。3月18日和3月19日,广度振荡指标产生了卖出信号,此后这些振荡指标暴跌。“仅限股票”的广度振荡指标已经跌至超卖区域,但“超卖并不意味着买入”。</blockquote></p><p> The NYSE breadth oscillator is also moving lower, but at a much slower pace, since the more positive “Dow-type” stocks have a heavier weight in that oscillator.</p><p><blockquote>纽约证券交易所广度振荡指标也在走低,但速度要慢得多,因为更积极的“道琼斯型”股票在该振荡指标中的权重更大。</blockquote></p><p> Meanwhile, cumulative breadth has fallen sharply as well. That is not a signal, but it is worth noting that the “stocks only” cumulative advance-decline line has fallen almost 10,000 issues since the cumulative A-D line reached an all-time high on March 15 (that is, over that time, summing the daily figures, declines have outnumbered advances by 10,000 issues).</p><p><blockquote>与此同时,累计广度也大幅下降。这不是一个信号,但值得注意的是,自3月15日累计A-D线达到历史新高以来,“仅股票”累计上涨-下跌线已经下跌了近10,000期(也就是说,在此期间,将每日数据相加,下跌数量超过上涨数量10,000期)。</blockquote></p><p> A significant development has also occurred in the case of the “new highs vs. new lows” indicator. On March 23, new 52-week lows outnumbered new 52-week highs andnew 52-week lows numbered more than 100 issues — the first time that has happened since last May. That was the case again on March 24. That places this indicator on a sell signal until new highs take control once again.</p><p><blockquote>“新高对新低”指标也出现了重大发展。3月23日,52周新低数量超过52周新高,52周新低数量超过100期——这是自去年5月以来首次发生。3月24日再次出现这种情况。这使得该指标处于卖出信号,直到新高再次占据主导地位。</blockquote></p><p> Countering the negativity of put-call ratios, breadth, and new highs vs. new lows, is the fact that the volatility indicators still remain generally bullish. VIX has not risen substantially (yet), so the “spike peak” buy signal of March 4 remains in place.</p><p><blockquote>与看跌看涨期权比率、广度以及新高与新低的负面影响相反,波动性指标仍然普遍看涨。VIX尚未大幅上涨,因此3月4日的“峰值”买入信号仍然存在。</blockquote></p><p> Moreover, the trend of VIXVIX,-6.56%continues to be lower, as both VIX and its 20-day moving average are below the declining 200-day moving average. In fact, on March 22, VIX closed at its lowest price (18.88) since February 2020.</p><p><blockquote>此外,VIXVIX,-6.56%的趋势继续走低,因为VIX及其20日移动平均线均低于下降的200日移动平均线。事实上,3月22日,VIX收于2020年2月以来的最低价(18.88)。</blockquote></p><p> If VIX should continue to fall below there, it would be a bullish sign for stocks.</p><p><blockquote>如果VIX继续跌破该水平,这将是股市的看涨信号。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c5d40b1aedd4e9457306d25814439c92\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰</blockquote></p><p> As we’ve noted previously, the fact that VIX has remained so high all during the huge rally over the past year has been a worrisome sign for many traders. But the traders that were keeping VIX higher were actually correct, because realized volatility of SPX (i.e., its 20-day historical volatility) has been just below 20 since early March. Thus, realized volatility rose to meet implied volatility, rather than the other way around (which is more often the case).</p><p><blockquote>正如我们之前指出的,VIX在过去一年的大幅上涨期间一直保持在如此高的水平,这对许多交易者来说是一个令人担忧的迹象。但维持VIX走高的交易员实际上是正确的,因为自3月初以来,SPX的已实现波动率(即其20天历史波动率)一直略低于20。因此,已实现波动率上升是为了满足隐含波动率,而不是相反(这种情况更常见)。</blockquote></p><p> Now, if one wants to make the case that it is worrisome to see both forms of volatility this high, then so be it. But there is no longer any significant difference between the S&P’s realized and implied volatility.</p><p><blockquote>现在,如果有人想证明看到这两种形式的波动如此之高令人担忧,那就这样吧。但标普的已实现和隐含波动率之间不再存在任何显著差异。</blockquote></p><p></p><p> The construct of volatility derivatives has remained bullish throughout. VIX futures are all trading at premiums to VIX, and the term structure slopes upward through the coming summer. Similarly, the term structure of the CBOE Volatility Indices slopes upward through the next six months as well.</p><p><blockquote>波动性衍生品的结构始终保持看涨。VIX期货的交易价格都高于VIX,期限结构在即将到来的夏季向上倾斜。同样,芝加哥期权交易所波动率指数的期限结构在未来六个月也向上倾斜。</blockquote></p><p> The first sign of a negative reversal here would be if the April VIX futures traded above the price of May VIX futures.</p><p><blockquote>负面逆转的第一个迹象是4月份VIX期货的交易价格高于5月份VIX期货的价格。</blockquote></p><p> Near-term deterioration in some internal indicators is certainly a cause for worry, and small countertrend bearish positions can be taken because of that. However, the S&P’s trend is still higher, and the trend of VIX is still lower – both bullish factors. So we still maintaining a “core” bullish position until those two trends are broken.</p><p><blockquote>一些内部指标的近期恶化无疑令人担忧,因此可以建立小型逆势看跌头寸。然而,标普的趋势仍然更高,VIX的趋势仍然更低——两者都是看涨因素。因此,我们仍然维持“核心”看涨立场,直到这两个趋势被打破。</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>Stay bullish on the stock market in the face of some fresh sell signals<blockquote>面对一些新的卖出信号,保持看涨股市</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\">\nStay bullish on the stock market in the face of some fresh sell signals<blockquote>面对一些新的卖出信号,保持看涨股市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-03-26 11:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticeably behind, and the S&P 500 indexcaught somewhere in the middle. This is not a good scenario for stocks.</p><p><blockquote>股市继续由道琼斯工业平均指数领涨,纳斯达克明显落后,标普500指数介于两者之间。对于股票来说,这不是一个好的情况。</blockquote></p><p> There is an old adage that it is not good for the market if the Generals are out in front of the Army (the “Generals” being General Motors, General Electric, etc. – i.e., the mainstays of the Dow of days gone by; the “Army” being the main body of stocks). The point is that if the advance is narrow and limited to the largest institutional stocks, then trouble lies ahead.</p><p><blockquote>有一句古老的谚语说,如果将军们在军队前面,对市场没有好处(“将军”是通用汽车、通用电气等。–即过去道琼斯指数的中流砥柱;“军队”是股票的主体)。关键是,如果涨幅狭窄且仅限于最大的机构股,那么麻烦就在前方。</blockquote></p><p> It is a good point, but too vague to implement as a trading system. We would normally see that reflected in breadth (which is now giving a sell signal) and new highs vs. new lows (which is also on a sell signal).</p><p><blockquote>这是一个很好的观点,但太模糊了,无法作为一个交易系统来实施。我们通常会看到这反映在广度(现在给出卖出信号)和新高与新低(也是卖出信号)上。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c46ab28413e089cb3da5f328292ad4e7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰</blockquote></p><p> One positive thing is that the SPX chart is still in an uptrend, as the moving averages and “modified Bollinger Bands” are still trending higher. However, if the S&P breaks through support at 3,870, that uptrend would be called into question. As one can see from the accompanying chart, there is further support near 3,725. If that is broken, the bears would clearly be in charge. Meanwhile, the recent all-time highs, at 3,985, represent resistance.</p><p><blockquote>一件积极的事情是,SPX图表仍处于上升趋势,因为移动平均线和“修正布林线”仍呈走高趋势。然而,如果标准普尔指数突破3,870点的支撑位,这一上升趋势将受到质疑。从附图可以看出,3725点附近有进一步的支撑。如果这一点被打破,空头显然会掌权。与此同时,近期历史高点3,985点代表阻力位。</blockquote></p><p> What is different today compared to previous minor pullbacks is that several of our internal indicators have weakened considerably and are on sell signals: breadth, new highs vs. new lows, and equity-only put-call ratios.</p><p><blockquote>与之前的小幅回调相比,今天的不同之处在于,我们的几个内部指标已显着减弱并发出卖出信号:广度、新高与新低以及仅股票的看跌看涨期权比率。</blockquote></p><p> Equity-only put-call ratios remain on sell signals that were first generated in mid-February and that have strengthened by beginning to rise rapidly. They are still relatively low on their charts, meaning that there is a lot of room to move higher before one might say they are “oversold.”</p><p><blockquote>仅股票的看跌-看涨期权比率仍处于2月中旬首次产生的卖出信号,并通过开始快速上涨而加强。它们在图表上仍然相对较低,这意味着在人们可能会说它们“超卖”之前还有很大的走高空间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bfd689fa18eceb515c752afa1cb024f7\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN<img src=\"https://static.tigerbbs.com/9216bd23616405d8464aa44f5baea259\" tg-width=\"620\" tg-height=\"460\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰劳伦斯·麦克米兰</blockquote></p><p> Breadth has deteriorated badly over the past two weeks – especially this last week. Sell signals were generated by the breadth oscillators on March 18 and March 19, and those oscillators have plunged since then. The “stocks only” breadth oscillator has already descended into oversold territory, but “oversold doesn’t mean buy.”</p><p><blockquote>广度在过去两周严重恶化,尤其是上周。3月18日和3月19日,广度振荡指标产生了卖出信号,此后这些振荡指标暴跌。“仅限股票”的广度振荡指标已经跌至超卖区域,但“超卖并不意味着买入”。</blockquote></p><p> The NYSE breadth oscillator is also moving lower, but at a much slower pace, since the more positive “Dow-type” stocks have a heavier weight in that oscillator.</p><p><blockquote>纽约证券交易所广度振荡指标也在走低,但速度要慢得多,因为更积极的“道琼斯型”股票在该振荡指标中的权重更大。</blockquote></p><p> Meanwhile, cumulative breadth has fallen sharply as well. That is not a signal, but it is worth noting that the “stocks only” cumulative advance-decline line has fallen almost 10,000 issues since the cumulative A-D line reached an all-time high on March 15 (that is, over that time, summing the daily figures, declines have outnumbered advances by 10,000 issues).</p><p><blockquote>与此同时,累计广度也大幅下降。这不是一个信号,但值得注意的是,自3月15日累计A-D线达到历史新高以来,“仅股票”累计上涨-下跌线已经下跌了近10,000期(也就是说,在此期间,将每日数据相加,下跌数量超过上涨数量10,000期)。</blockquote></p><p> A significant development has also occurred in the case of the “new highs vs. new lows” indicator. On March 23, new 52-week lows outnumbered new 52-week highs andnew 52-week lows numbered more than 100 issues — the first time that has happened since last May. That was the case again on March 24. That places this indicator on a sell signal until new highs take control once again.</p><p><blockquote>“新高对新低”指标也出现了重大发展。3月23日,52周新低数量超过52周新高,52周新低数量超过100期——这是自去年5月以来首次发生。3月24日再次出现这种情况。这使得该指标处于卖出信号,直到新高再次占据主导地位。</blockquote></p><p> Countering the negativity of put-call ratios, breadth, and new highs vs. new lows, is the fact that the volatility indicators still remain generally bullish. VIX has not risen substantially (yet), so the “spike peak” buy signal of March 4 remains in place.</p><p><blockquote>与看跌看涨期权比率、广度以及新高与新低的负面影响相反,波动性指标仍然普遍看涨。VIX尚未大幅上涨,因此3月4日的“峰值”买入信号仍然存在。</blockquote></p><p> Moreover, the trend of VIXVIX,-6.56%continues to be lower, as both VIX and its 20-day moving average are below the declining 200-day moving average. In fact, on March 22, VIX closed at its lowest price (18.88) since February 2020.</p><p><blockquote>此外,VIXVIX,-6.56%的趋势继续走低,因为VIX及其20日移动平均线均低于下降的200日移动平均线。事实上,3月22日,VIX收于2020年2月以来的最低价(18.88)。</blockquote></p><p> If VIX should continue to fall below there, it would be a bullish sign for stocks.</p><p><blockquote>如果VIX继续跌破该水平,这将是股市的看涨信号。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c5d40b1aedd4e9457306d25814439c92\" tg-width=\"620\" tg-height=\"465\" referrerpolicy=\"no-referrer\">LAWRENCE MCMILLAN</p><p><blockquote>劳伦斯·麦克米兰</blockquote></p><p> As we’ve noted previously, the fact that VIX has remained so high all during the huge rally over the past year has been a worrisome sign for many traders. But the traders that were keeping VIX higher were actually correct, because realized volatility of SPX (i.e., its 20-day historical volatility) has been just below 20 since early March. Thus, realized volatility rose to meet implied volatility, rather than the other way around (which is more often the case).</p><p><blockquote>正如我们之前指出的,VIX在过去一年的大幅上涨期间一直保持在如此高的水平,这对许多交易者来说是一个令人担忧的迹象。但维持VIX走高的交易员实际上是正确的,因为自3月初以来,SPX的已实现波动率(即其20天历史波动率)一直略低于20。因此,已实现波动率上升是为了满足隐含波动率,而不是相反(这种情况更常见)。</blockquote></p><p> Now, if one wants to make the case that it is worrisome to see both forms of volatility this high, then so be it. But there is no longer any significant difference between the S&P’s realized and implied volatility.</p><p><blockquote>现在,如果有人想证明看到这两种形式的波动如此之高令人担忧,那就这样吧。但标普的已实现和隐含波动率之间不再存在任何显著差异。</blockquote></p><p></p><p> The construct of volatility derivatives has remained bullish throughout. VIX futures are all trading at premiums to VIX, and the term structure slopes upward through the coming summer. Similarly, the term structure of the CBOE Volatility Indices slopes upward through the next six months as well.</p><p><blockquote>波动性衍生品的结构始终保持看涨。VIX期货的交易价格都高于VIX,期限结构在即将到来的夏季向上倾斜。同样,芝加哥期权交易所波动率指数的期限结构在未来六个月也向上倾斜。</blockquote></p><p> The first sign of a negative reversal here would be if the April VIX futures traded above the price of May VIX futures.</p><p><blockquote>负面逆转的第一个迹象是4月份VIX期货的交易价格高于5月份VIX期货的价格。</blockquote></p><p> Near-term deterioration in some internal indicators is certainly a cause for worry, and small countertrend bearish positions can be taken because of that. However, the S&P’s trend is still higher, and the trend of VIX is still lower – both bullish factors. So we still maintaining a “core” bullish position until those two trends are broken.</p><p><blockquote>一些内部指标的近期恶化无疑令人担忧,因此可以建立小型逆势看跌头寸。然而,标普的趋势仍然更高,VIX的趋势仍然更低——两者都是看涨因素。因此,我们仍然维持“核心”看涨立场,直到这两个趋势被打破。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/stay-bullish-on-the-stock-market-in-the-face-of-some-fresh-sell-signals-01616682019?mod=home-page\">marketwatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/stay-bullish-on-the-stock-market-in-the-face-of-some-fresh-sell-signals-01616682019?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100799979","content_text":"The stock market continues to be led by the Dow Jones Industrial Average,with NASDAQ lagging noticeably behind, and the S&P 500 indexcaught somewhere in the middle. This is not a good scenario for stocks.\nThere is an old adage that it is not good for the market if the Generals are out in front of the Army (the “Generals” being General Motors, General Electric, etc. – i.e., the mainstays of the Dow of days gone by; the “Army” being the main body of stocks). The point is that if the advance is narrow and limited to the largest institutional stocks, then trouble lies ahead.\nIt is a good point, but too vague to implement as a trading system. We would normally see that reflected in breadth (which is now giving a sell signal) and new highs vs. new lows (which is also on a sell signal).\nLAWRENCE MCMILLAN\nOne positive thing is that the SPX chart is still in an uptrend, as the moving averages and “modified Bollinger Bands” are still trending higher. However, if the S&P breaks through support at 3,870, that uptrend would be called into question. As one can see from the accompanying chart, there is further support near 3,725. If that is broken, the bears would clearly be in charge. Meanwhile, the recent all-time highs, at 3,985, represent resistance.\nWhat is different today compared to previous minor pullbacks is that several of our internal indicators have weakened considerably and are on sell signals: breadth, new highs vs. new lows, and equity-only put-call ratios.\nEquity-only put-call ratios remain on sell signals that were first generated in mid-February and that have strengthened by beginning to rise rapidly. They are still relatively low on their charts, meaning that there is a lot of room to move higher before one might say they are “oversold.”\nLAWRENCE MCMILLANLAWRENCE MCMILLAN\nBreadth has deteriorated badly over the past two weeks – especially this last week. Sell signals were generated by the breadth oscillators on March 18 and March 19, and those oscillators have plunged since then. The “stocks only” breadth oscillator has already descended into oversold territory, but “oversold doesn’t mean buy.”\nThe NYSE breadth oscillator is also moving lower, but at a much slower pace, since the more positive “Dow-type” stocks have a heavier weight in that oscillator.\nMeanwhile, cumulative breadth has fallen sharply as well. That is not a signal, but it is worth noting that the “stocks only” cumulative advance-decline line has fallen almost 10,000 issues since the cumulative A-D line reached an all-time high on March 15 (that is, over that time, summing the daily figures, declines have outnumbered advances by 10,000 issues).\nA significant development has also occurred in the case of the “new highs vs. new lows” indicator. On March 23, new 52-week lows outnumbered new 52-week highs andnew 52-week lows numbered more than 100 issues — the first time that has happened since last May. That was the case again on March 24. That places this indicator on a sell signal until new highs take control once again.\nCountering the negativity of put-call ratios, breadth, and new highs vs. new lows, is the fact that the volatility indicators still remain generally bullish. VIX has not risen substantially (yet), so the “spike peak” buy signal of March 4 remains in place.\nMoreover, the trend of VIXVIX,-6.56%continues to be lower, as both VIX and its 20-day moving average are below the declining 200-day moving average. In fact, on March 22, VIX closed at its lowest price (18.88) since February 2020.\nIf VIX should continue to fall below there, it would be a bullish sign for stocks.\nLAWRENCE MCMILLAN\nAs we’ve noted previously, the fact that VIX has remained so high all during the huge rally over the past year has been a worrisome sign for many traders. But the traders that were keeping VIX higher were actually correct, because realized volatility of SPX (i.e., its 20-day historical volatility) has been just below 20 since early March. Thus, realized volatility rose to meet implied volatility, rather than the other way around (which is more often the case).\nNow, if one wants to make the case that it is worrisome to see both forms of volatility this high, then so be it. But there is no longer any significant difference between the S&P’s realized and implied volatility.\nThe construct of volatility derivatives has remained bullish throughout. VIX futures are all trading at premiums to VIX, and the term structure slopes upward through the coming summer. Similarly, the term structure of the CBOE Volatility Indices slopes upward through the next six months as well.\nThe first sign of a negative reversal here would be if the April VIX futures traded above the price of May VIX futures.\nNear-term deterioration in some internal indicators is certainly a cause for worry, and small countertrend bearish positions can be taken because of that. However, the S&P’s trend is still higher, and the trend of VIX is still lower – both bullish factors. So we still maintaining a “core” bullish position until those two trends are broken.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359343872,"gmtCreate":1616369001196,"gmtModify":1634526255406,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>waiting for further dip","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>waiting for further dip","text":"$AMD(AMD)$waiting for further dip","images":[{"img":"https://static.tigerbbs.com/18d468a62e96c5a9265b6176b6d98216","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/359343872","isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":320044636,"gmtCreate":1614994309925,"gmtModify":1703484033077,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> pls dip further so i can buy more! ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> pls dip further so i can buy more! ","text":"$Tesla Motors(TSLA)$ pls dip further so i can buy more!","images":[{"img":"https://static.tigerbbs.com/a3fbc5dace2b7976eede089fa4e62a12","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/320044636","isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":310523671,"gmtCreate":1611333855393,"gmtModify":1703750026474,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>stock is on fire","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>stock is on fire","text":"$Bionano Genomics(BNGO)$stock is on fire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/310523671","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165557060,"gmtCreate":1624153071150,"gmtModify":1634010255914,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>hope it can break 30","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>hope it can break 30","text":"$Palantir Technologies Inc.(PLTR)$hope it can break 30","images":[{"img":"https://static.tigerbbs.com/e2ec7fbd798dc5412097b6e2e5539343","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/165557060","isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":130401605,"gmtCreate":1621559429707,"gmtModify":1634188123543,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/130401605","repostId":"2137763179","repostType":4,"isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101283589,"gmtCreate":1619916678541,"gmtModify":1634209184048,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/101283589","repostId":"1189807124","repostType":4,"repost":{"id":"1189807124","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619791477,"share":"https://www.laohu8.com/m/news/1189807124?lang=zh_CN&edition=full","pubTime":"2021-04-30 22:04","market":"us","language":"en","title":"Amazon once rose 2.4%, setting a record high in intraday trading<blockquote>亚马逊一度涨2.4%创盘中历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189807124","media":"Tiger Newspress","summary":"Amazon once rose 2.4%, setting a record high in intraday trading.Here’s what analysts are saying abo","content":"<p>Amazon once rose 2.4%, setting a record high in intraday trading.</p><p><blockquote>亚马逊一度涨2.4%,盘中创下历史新高。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9b9f7378d5970cada2dc37de1aa76935\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Here’s what analysts are saying about Amazon tripling profits</p><p><blockquote>以下是分析师对亚马逊利润增长两倍的评价</blockquote></p><p>Swiss Bank UBS raises its price target as the COVID-19 pandemic caused boom in demand for home deliveries, helping Amazon triple profits</p><p><blockquote>由于COVID-19大流行导致送货上门需求激增,瑞士银行瑞银提高了目标价,帮助亚马逊利润增加了两倍</blockquote></p><p>The COVID-19 pandemic has caused a boom in demand for home deliveries, which has helped AmazonAMZN,+1.75%triple its first-quarter profits.</p><p><blockquote>COVID-19大流行导致送货上门需求激增,这帮助亚马逊AMZN(+1.75%)第一季度利润增长了两倍。</blockquote></p><p>The online retailer’s stock has risen 46% the past year and some analysts think it could still have further to go.</p><p><blockquote>这家在线零售商的股价在过去一年上涨了46%,一些分析师认为它可能还有更长的路要走。</blockquote></p><p>Michael Lasser, an analyst at Swiss bank UBSUBS,-0.92%,has lifted his price target for Amazon to $4,350 from $4,150, writing: “With broad-based strength across e-commerce & AWS, Amazon’s Q1 ’21 earnings report demonstrates why it remains the industry leader.”</p><p><blockquote>瑞士银行UBSUBS分析师Michael Lasser(-0.92%)将亚马逊的目标股价从4,150美元上调至4,350美元,他写道:“凭借电子商务和AWS的广泛实力,亚马逊21年第一季度的收益报告展示了为什么它仍然是行业领导者。”</blockquote></p><p><b>Amazon’s pandemic profits top previous 3 years of earnings</b></p><p><blockquote><b>亚马逊疫情期间利润创前三年盈利新高</b></blockquote></p><p>Shyam Patil, an analyst from Susquehanna Financial Group, remains positive on Amazon.</p><p><blockquote>萨斯奎哈纳金融集团(Susquehanna Financial Group)分析师希亚姆·帕蒂尔(Shyam Patil)仍然看好亚马逊。</blockquote></p><p>“Business trends remain strong and should continue to do so throughout 2021,” he wrote. “Ultimately, we see AMZN as a long-term secular grower underpinned by its strong e-commerce, cloud, and advertising businesses.”</p><p><blockquote>他写道:“商业趋势依然强劲,并且应该会在2021年继续如此。”“最终,我们认为亚马逊是一家以其强大的电子商务、云和广告业务为基础的长期长期增长公司。”</blockquote></p><p><b>Should you buy Amazon stock? Analysts prefer it over other Big Tech companies</b></p><p><blockquote><b>你应该购买亚马逊股票吗?与其他大型科技公司相比,分析师更喜欢它</b></blockquote></p><p>Trip Chowdhry, an analyst at Global Equities Research, noted the “solid results” and reiterated his view that Andy Jassy, who will replace founder Jeff Bezos as chief executive, will be a good boss.</p><p><blockquote>Global Equities Research分析师Trip Chowdhry指出了“稳健的业绩”,并重申了他的观点,即将接替创始人杰夫·贝索斯担任首席执行官的Andy Jassy将是一位好老板。</blockquote></p><p>Jassy currently runs Amazon Web Services, which Chowdhry says is benefiting from secular growth trends. “So many of you were panicked about CEO Transition,” he wrote. “Andy Jassy is a much better CEO than Jeff Bezos.”</p><p><blockquote>贾西目前运营亚马逊网络服务,乔杜里表示,该服务受益于长期增长趋势。“你们中的许多人对首席执行官的过渡感到恐慌,”他写道。“安迪·贾西是一位比杰夫·贝索斯好得多的首席执行官。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon once rose 2.4%, setting a record high in intraday trading<blockquote>亚马逊一度涨2.4%创盘中历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon once rose 2.4%, setting a record high in intraday trading<blockquote>亚马逊一度涨2.4%创盘中历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-04-30 22:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Amazon once rose 2.4%, setting a record high in intraday trading.</p><p><blockquote>亚马逊一度涨2.4%,盘中创下历史新高。</blockquote></p><p><img src=\"https://static.tigerbbs.com/9b9f7378d5970cada2dc37de1aa76935\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Here’s what analysts are saying about Amazon tripling profits</p><p><blockquote>以下是分析师对亚马逊利润增长两倍的评价</blockquote></p><p>Swiss Bank UBS raises its price target as the COVID-19 pandemic caused boom in demand for home deliveries, helping Amazon triple profits</p><p><blockquote>由于COVID-19大流行导致送货上门需求激增,瑞士银行瑞银提高了目标价,帮助亚马逊利润增加了两倍</blockquote></p><p>The COVID-19 pandemic has caused a boom in demand for home deliveries, which has helped AmazonAMZN,+1.75%triple its first-quarter profits.</p><p><blockquote>COVID-19大流行导致送货上门需求激增,这帮助亚马逊AMZN(+1.75%)第一季度利润增长了两倍。</blockquote></p><p>The online retailer’s stock has risen 46% the past year and some analysts think it could still have further to go.</p><p><blockquote>这家在线零售商的股价在过去一年上涨了46%,一些分析师认为它可能还有更长的路要走。</blockquote></p><p>Michael Lasser, an analyst at Swiss bank UBSUBS,-0.92%,has lifted his price target for Amazon to $4,350 from $4,150, writing: “With broad-based strength across e-commerce & AWS, Amazon’s Q1 ’21 earnings report demonstrates why it remains the industry leader.”</p><p><blockquote>瑞士银行UBSUBS分析师Michael Lasser(-0.92%)将亚马逊的目标股价从4,150美元上调至4,350美元,他写道:“凭借电子商务和AWS的广泛实力,亚马逊21年第一季度的收益报告展示了为什么它仍然是行业领导者。”</blockquote></p><p><b>Amazon’s pandemic profits top previous 3 years of earnings</b></p><p><blockquote><b>亚马逊疫情期间利润创前三年盈利新高</b></blockquote></p><p>Shyam Patil, an analyst from Susquehanna Financial Group, remains positive on Amazon.</p><p><blockquote>萨斯奎哈纳金融集团(Susquehanna Financial Group)分析师希亚姆·帕蒂尔(Shyam Patil)仍然看好亚马逊。</blockquote></p><p>“Business trends remain strong and should continue to do so throughout 2021,” he wrote. “Ultimately, we see AMZN as a long-term secular grower underpinned by its strong e-commerce, cloud, and advertising businesses.”</p><p><blockquote>他写道:“商业趋势依然强劲,并且应该会在2021年继续如此。”“最终,我们认为亚马逊是一家以其强大的电子商务、云和广告业务为基础的长期长期增长公司。”</blockquote></p><p><b>Should you buy Amazon stock? Analysts prefer it over other Big Tech companies</b></p><p><blockquote><b>你应该购买亚马逊股票吗?与其他大型科技公司相比,分析师更喜欢它</b></blockquote></p><p>Trip Chowdhry, an analyst at Global Equities Research, noted the “solid results” and reiterated his view that Andy Jassy, who will replace founder Jeff Bezos as chief executive, will be a good boss.</p><p><blockquote>Global Equities Research分析师Trip Chowdhry指出了“稳健的业绩”,并重申了他的观点,即将接替创始人杰夫·贝索斯担任首席执行官的Andy Jassy将是一位好老板。</blockquote></p><p>Jassy currently runs Amazon Web Services, which Chowdhry says is benefiting from secular growth trends. “So many of you were panicked about CEO Transition,” he wrote. “Andy Jassy is a much better CEO than Jeff Bezos.”</p><p><blockquote>贾西目前运营亚马逊网络服务,乔杜里表示,该服务受益于长期增长趋势。“你们中的许多人对首席执行官的过渡感到恐慌,”他写道。“安迪·贾西是一位比杰夫·贝索斯好得多的首席执行官。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189807124","content_text":"Amazon once rose 2.4%, setting a record high in intraday trading.Here’s what analysts are saying about Amazon tripling profitsSwiss Bank UBS raises its price target as the COVID-19 pandemic caused boom in demand for home deliveries, helping Amazon triple profitsThe COVID-19 pandemic has caused a boom in demand for home deliveries, which has helped AmazonAMZN,+1.75%triple its first-quarter profits.The online retailer’s stock has risen 46% the past year and some analysts think it could still have further to go.Michael Lasser, an analyst at Swiss bank UBSUBS,-0.92%,has lifted his price target for Amazon to $4,350 from $4,150, writing: “With broad-based strength across e-commerce & AWS, Amazon’s Q1 ’21 earnings report demonstrates why it remains the industry leader.”Amazon’s pandemic profits top previous 3 years of earningsShyam Patil, an analyst from Susquehanna Financial Group, remains positive on Amazon.“Business trends remain strong and should continue to do so throughout 2021,” he wrote. “Ultimately, we see AMZN as a long-term secular grower underpinned by its strong e-commerce, cloud, and advertising businesses.”Should you buy Amazon stock? Analysts prefer it over other Big Tech companiesTrip Chowdhry, an analyst at Global Equities Research, noted the “solid results” and reiterated his view that Andy Jassy, who will replace founder Jeff Bezos as chief executive, will be a good boss.Jassy currently runs Amazon Web Services, which Chowdhry says is benefiting from secular growth trends. “So many of you were panicked about CEO Transition,” he wrote. “Andy Jassy is a much better CEO than Jeff Bezos.”","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357625145,"gmtCreate":1617269704487,"gmtModify":1634521698817,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/357625145","repostId":"1161499714","repostType":4,"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368846462,"gmtCreate":1614312133056,"gmtModify":1703476199102,"author":{"id":"3570514907188769","authorId":"3570514907188769","name":"Airlee","avatar":"https://static.tigerbbs.com/f498172d13578b027d022139a285cc1c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570514907188769","idStr":"3570514907188769"},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/368846462","repostId":"1125238969","repostType":4,"repost":{"id":"1125238969","kind":"news","pubTimestamp":1614311542,"share":"https://www.laohu8.com/m/news/1125238969?lang=zh_CN&edition=full","pubTime":"2021-02-26 11:52","market":"fut","language":"en","title":"Bitcoin May Be Weighing on Tech Stocks Again<blockquote>比特币可能再次打压科技股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125238969","media":"Barrons","summary":"“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerN","content":"<p>“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.</p><p><blockquote>如果科技行业继续下滑,“归咎于比特币”可能会成为一个新的口号。</blockquote></p><p>Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-heavyNasdaq Compositeindex. The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.</p><p><blockquote>半导体制造商英伟达(股票代码:NVDA)在最近的交易中下跌8.2%,至532.3美元,以科技股为主的纳斯达克综合指数普遍暴跌。该芯片股之所以脱颖而出,是因为该公司周三发布了强劲的收益报告,其中包括比特币和其他加密货币相关产品的提振。</blockquote></p><p>Payments app Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as Bitcoin prices have slumped.</p><p><blockquote>与此同时,支付应用Square(SQ)也继续下滑,下跌4.3%,至227.11美元。该公司周二发布的相对强劲的收益报告包括来自比特币的投资和运营收益,该公司表示计划“加倍投资”数字硬币。这可能会给该股带来压力,随着比特币股价暴跌,该股在过去几个交易日下跌了近20%。</blockquote></p><p>Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.</p><p><blockquote>科技股面临压力还有其他原因:估值过高使得该行业容易受到公司预测疲软的影响。债券收益率上升会给未来现金流的现值带来压力,从而构成威胁。大型科技公司也是一个拥挤的行业,随着投资者寻找更具周期性的投资或估值较低的行业,它可能会失去青睐。</blockquote></p><p>But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.</p><p><blockquote>但英伟达、Square、特斯拉(TSLA)和其他股票的交易模式也可能是比特币影响力日益增强的标志。公司正在将资本直接投入比特币以及相关产品和服务,在过去一年价格飙升超过350%之际扩大风险敞口。尽管最近有所下滑,但比特币今年仍上涨了67%。</blockquote></p><p>Crypto is certainly gathering momentum.Mastercard (MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a Mastercard executive noted at a conference on Thursday.</p><p><blockquote>加密货币无疑正在积聚动力。万事达卡(MA)本月表示,将开始直接在其网络上支持加密货币,并指出许多消费者已经在使用信用卡购买加密资产。但万事达卡高管在周四的一次会议上指出,将比特币变成一种可行的日常购物货币仍然是一个挑战。</blockquote></p><p>“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a report on MarketWatch. “It’s too volatile and it takes too long to transact.”</p><p><blockquote>据MarketWatch报道,万事达卡执行副主席安·凯恩斯(Ann Cairns)表示:“比特币的行为不像一种支付工具。”“波动性太大,交易时间太长。”</blockquote></p><p>Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.</p><p><blockquote>无论是成为一种资产类别还是支付工具,比特币的崛起(以及潜在的衰落)正在席卷科技、银行和其他行业。</blockquote></p><p>Nvidia, for instance, issued animpressiveearnings report, as<i>Barron’s</i>noted. But it’s also becoming more of a crypto play.</p><p><blockquote>例如,英伟达发布了一份令人印象深刻的收益报告,<i>巴伦周刊</i>注意到。但它也变得更像是一种加密游戏。</blockquote></p><p>The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.</p><p><blockquote>该公司表示,加密货币在本季度可能产生了1亿至3亿美元的积极影响。该公司正在推出一系列新的加密货币挖掘处理器(CMP),用于专业的加密挖掘。</blockquote></p><p>“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.</p><p><blockquote>英伟达告诉投资者:“加密货币最近开始被公司和金融机构接受,并显示出持久力的迹象。”该公司补充说,其新的CMP系列将使公司更好地了解加密货币对收入的贡献。</blockquote></p><p>Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.</p><p><blockquote>一些分析师质疑这一趋势的可持续性。例如,Piper Sandler的Harsh Kumar重申了跑赢大盘对该股的评级,但对英伟达对加密货币的敞口不断增加提出警告。</blockquote></p><p>“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”</p><p><blockquote>“随着加密货币再次出现,加密货币和核心游戏优势之间的界限变得模糊,”他写道。“我们认为投资者可能会质疑这些趋势的可持续性,特别是考虑到过去的加密货币问题。”</blockquote></p><p>Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.</p><p><blockquote>如上所述,支付应用Square现在也直接卷入了比特币的争论。虽然核心业务趋势看起来很健康,但投资者可能担心随着价格见顶,Square正在向加密领域扩张。该公司在之前购买了5000万美元的基础上,在本季度购买了1.7亿美元的比特币,并正在将其Cash应用程序作为购买、存储并最终交易加密货币的机制进行营销。</blockquote></p><p>Wall Street has mixed views on that idea. Competitors like PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.</p><p><blockquote>华尔街对这一想法看法不一。JMP分析师David Scharf指出,PayPal控股公司(PYPL)等竞争对手以及其他“新银行”竞争对手也在进军比特币。这引发了人们对Cash App长期“粘性”以及其增长能否持续的质疑。</blockquote></p><p>Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.</p><p><blockquote>事实上,Cash App现在约占Square毛利润的一半,该公司指望比特币来刺激需求。这使得Square股票成为比特币的一种衍生品;过去一年,股价与比特币股价的相关性越来越大,而且这种关系可能只会变得越来越紧密。</blockquote></p><p>Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.</p><p><blockquote>Square的股票也可能没有完全考虑到比特币的波动性,该公司已经经历了几个繁荣-萧条周期。Scharf表示,该股预计2022年Ebitda(息税折旧摊销前利润)约为100,看起来估值已充分,他维持了市场表现评级。</blockquote></p><p></p><p>Guggenheim’s Jeff Cantwell took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.</p><p><blockquote>古根海姆博物馆的杰夫·坎特威尔站在了这场辩论的对立面。周四,他将Square股票评级上调至买入,部分原因是比特币前景乐观。他写道:“我们认为比特币正处于长期走高的轨道上。”他补充说,这应该会推动现金应用程序使用量和其他指标的增加。</blockquote></p><p>He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.</p><p><blockquote>他认为比特币不会很快成为用于主流购买的货币。但他指出,这无关紧要,因为比特币正在变成“数字黄金”——一种价值储存手段和一种资产类别。他指出,全球有5000万个数字比特币钱包,用户群庞大且不断增长。Square正在尽自己的一份力量将比特币纳入主流。</blockquote></p><p>Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.</p><p><blockquote>Cantwell预计Square股价将达到288美元。比特币可能也必须尽自己的一份力量让股票达到这一目标。</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>Bitcoin May Be Weighing on Tech Stocks Again<blockquote>比特币可能再次打压科技股</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\">\nBitcoin May Be Weighing on Tech Stocks Again<blockquote>比特币可能再次打压科技股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-26 11:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.</p><p><blockquote>如果科技行业继续下滑,“归咎于比特币”可能会成为一个新的口号。</blockquote></p><p>Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-heavyNasdaq Compositeindex. The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.</p><p><blockquote>半导体制造商英伟达(股票代码:NVDA)在最近的交易中下跌8.2%,至532.3美元,以科技股为主的纳斯达克综合指数普遍暴跌。该芯片股之所以脱颖而出,是因为该公司周三发布了强劲的收益报告,其中包括比特币和其他加密货币相关产品的提振。</blockquote></p><p>Payments app Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as Bitcoin prices have slumped.</p><p><blockquote>与此同时,支付应用Square(SQ)也继续下滑,下跌4.3%,至227.11美元。该公司周二发布的相对强劲的收益报告包括来自比特币的投资和运营收益,该公司表示计划“加倍投资”数字硬币。这可能会给该股带来压力,随着比特币股价暴跌,该股在过去几个交易日下跌了近20%。</blockquote></p><p>Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.</p><p><blockquote>科技股面临压力还有其他原因:估值过高使得该行业容易受到公司预测疲软的影响。债券收益率上升会给未来现金流的现值带来压力,从而构成威胁。大型科技公司也是一个拥挤的行业,随着投资者寻找更具周期性的投资或估值较低的行业,它可能会失去青睐。</blockquote></p><p>But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.</p><p><blockquote>但英伟达、Square、特斯拉(TSLA)和其他股票的交易模式也可能是比特币影响力日益增强的标志。公司正在将资本直接投入比特币以及相关产品和服务,在过去一年价格飙升超过350%之际扩大风险敞口。尽管最近有所下滑,但比特币今年仍上涨了67%。</blockquote></p><p>Crypto is certainly gathering momentum.Mastercard (MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a Mastercard executive noted at a conference on Thursday.</p><p><blockquote>加密货币无疑正在积聚动力。万事达卡(MA)本月表示,将开始直接在其网络上支持加密货币,并指出许多消费者已经在使用信用卡购买加密资产。但万事达卡高管在周四的一次会议上指出,将比特币变成一种可行的日常购物货币仍然是一个挑战。</blockquote></p><p>“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a report on MarketWatch. “It’s too volatile and it takes too long to transact.”</p><p><blockquote>据MarketWatch报道,万事达卡执行副主席安·凯恩斯(Ann Cairns)表示:“比特币的行为不像一种支付工具。”“波动性太大,交易时间太长。”</blockquote></p><p>Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.</p><p><blockquote>无论是成为一种资产类别还是支付工具,比特币的崛起(以及潜在的衰落)正在席卷科技、银行和其他行业。</blockquote></p><p>Nvidia, for instance, issued animpressiveearnings report, as<i>Barron’s</i>noted. But it’s also becoming more of a crypto play.</p><p><blockquote>例如,英伟达发布了一份令人印象深刻的收益报告,<i>巴伦周刊</i>注意到。但它也变得更像是一种加密游戏。</blockquote></p><p>The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.</p><p><blockquote>该公司表示,加密货币在本季度可能产生了1亿至3亿美元的积极影响。该公司正在推出一系列新的加密货币挖掘处理器(CMP),用于专业的加密挖掘。</blockquote></p><p>“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.</p><p><blockquote>英伟达告诉投资者:“加密货币最近开始被公司和金融机构接受,并显示出持久力的迹象。”该公司补充说,其新的CMP系列将使公司更好地了解加密货币对收入的贡献。</blockquote></p><p>Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.</p><p><blockquote>一些分析师质疑这一趋势的可持续性。例如,Piper Sandler的Harsh Kumar重申了跑赢大盘对该股的评级,但对英伟达对加密货币的敞口不断增加提出警告。</blockquote></p><p>“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”</p><p><blockquote>“随着加密货币再次出现,加密货币和核心游戏优势之间的界限变得模糊,”他写道。“我们认为投资者可能会质疑这些趋势的可持续性,特别是考虑到过去的加密货币问题。”</blockquote></p><p>Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.</p><p><blockquote>如上所述,支付应用Square现在也直接卷入了比特币的争论。虽然核心业务趋势看起来很健康,但投资者可能担心随着价格见顶,Square正在向加密领域扩张。该公司在之前购买了5000万美元的基础上,在本季度购买了1.7亿美元的比特币,并正在将其Cash应用程序作为购买、存储并最终交易加密货币的机制进行营销。</blockquote></p><p>Wall Street has mixed views on that idea. Competitors like PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.</p><p><blockquote>华尔街对这一想法看法不一。JMP分析师David Scharf指出,PayPal控股公司(PYPL)等竞争对手以及其他“新银行”竞争对手也在进军比特币。这引发了人们对Cash App长期“粘性”以及其增长能否持续的质疑。</blockquote></p><p>Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.</p><p><blockquote>事实上,Cash App现在约占Square毛利润的一半,该公司指望比特币来刺激需求。这使得Square股票成为比特币的一种衍生品;过去一年,股价与比特币股价的相关性越来越大,而且这种关系可能只会变得越来越紧密。</blockquote></p><p>Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.</p><p><blockquote>Square的股票也可能没有完全考虑到比特币的波动性,该公司已经经历了几个繁荣-萧条周期。Scharf表示,该股预计2022年Ebitda(息税折旧摊销前利润)约为100,看起来估值已充分,他维持了市场表现评级。</blockquote></p><p></p><p>Guggenheim’s Jeff Cantwell took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.</p><p><blockquote>古根海姆博物馆的杰夫·坎特威尔站在了这场辩论的对立面。周四,他将Square股票评级上调至买入,部分原因是比特币前景乐观。他写道:“我们认为比特币正处于长期走高的轨道上。”他补充说,这应该会推动现金应用程序使用量和其他指标的增加。</blockquote></p><p>He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.</p><p><blockquote>他认为比特币不会很快成为用于主流购买的货币。但他指出,这无关紧要,因为比特币正在变成“数字黄金”——一种价值储存手段和一种资产类别。他指出,全球有5000万个数字比特币钱包,用户群庞大且不断增长。Square正在尽自己的一份力量将比特币纳入主流。</blockquote></p><p>Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.</p><p><blockquote>Cantwell预计Square股价将达到288美元。比特币可能也必须尽自己的一份力量让股票达到这一目标。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1\">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":{"GBTC":"比特币ETF-Grayscale",".DJI":"道琼斯","PYPL":"PayPal",".IXIC":"NASDAQ Composite","TSLA":"特斯拉","NVDA":"英伟达",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125238969","content_text":"“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-heavyNasdaq Compositeindex. The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.Payments app Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as Bitcoin prices have slumped.Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.Crypto is certainly gathering momentum.Mastercard (MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a Mastercard executive noted at a conference on Thursday.“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a report on MarketWatch. “It’s too volatile and it takes too long to transact.”Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.Nvidia, for instance, issued animpressiveearnings report, asBarron’snoted. But it’s also becoming more of a crypto play.The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.Wall Street has mixed views on that idea. Competitors like PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.Guggenheim’s Jeff Cantwell took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NVDA":0.9,".IXIC":0.9,"BTCmain":0.9,"PYPL":0.9,"GBTC":0.9,"SQ":0.9,".SPX":0.9,".DJI":0.9,"XBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}