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2021-10-12

$SINGAPORE AIRLINES LTD(C6L.SI)$gogo

2021-10-11

Price shoot up after Singapore government open up their lanes with different countries. $SINGAPOREAIRLINES LTD(C6L.SI)$

2021-10-03

$SINGAPORE AIRLINES LTD(C6L.SI)$time to enter when it's below SGD5fill up your holding!

2021-09-29

may hit even higher

Crude Oil Prices Hit $80, But Don't Expect A U.S. Drilling Boom<blockquote>原油价格触及80美元，但预计美国钻探不会繁荣</blockquote>

2021-09-29

worrying

Technically Speaking: Is The Market "Melting-Up?"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>

2021-09-29

$UOL GROUP LIMITED(U14.SI)$buying at 6.80.hope to hit 6.80 by today

2021-09-28

i watch finish in 1 day

Netflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</blockquote>

2021-09-27

gg

Oil stocks rose in line with oil prices<blockquote>石油股随油价上涨</blockquote>

2021-09-21

like

SEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures<blockquote>美国证券交易委员会正在调查动视暴雪的工作场所行为和披露</blockquote>

2021-09-21

good

抱歉，原内容已删除

2021-09-21

nice

抱歉，原内容已删除

2021-09-21

time to buy

抱歉，原内容已删除

2021-09-21

good read

抱歉，原内容已删除

2021-09-18

like

抱歉，原内容已删除

2021-09-16

hmmm

@Buy_Sell:🔥【9月15日】博彩股暴跌，纳指也跌了五天，今天买点啥？

2021-09-15

good

抱歉，原内容已删除

2021-09-07

good

@衍生品圈内淘金人:非农数据爆冷后，金银能打开上涨空间吗？

2021-08-30

welcome to income fund

抱歉，原内容已删除

2021-08-25

Great ariticle, would you like to share it?

@Mervx:$KEPPEL DC REIT(AJBU.SI)$Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units

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href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>gogo","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>gogo","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826251638","isVote":1,"tweetType":1,"viewCount":3292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828212580,"gmtCreate":1633916025107,"gmtModify":1633916517449,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"Price shoot up after Singapore government open up their lanes with different countries. $SINGAPORE<a href=\"https://laohu8.com/S/C6L.SI\">AIRLINES LTD(C6L.SI)$</a>","listText":"Price shoot up after Singapore government open up their lanes with different countries. $SINGAPORE<a href=\"https://laohu8.com/S/C6L.SI\">AIRLINES LTD(C6L.SI)$</a>","text":"Price shoot up after Singapore government open up their lanes with different countries. $SINGAPOREAIRLINES LTD(C6L.SI)$","images":[{"img":"https://static.tigerbbs.com/848fb048e3479c8f41ad2e0399aa4470","width":"1440","height":"4132"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828212580","isVote":1,"tweetType":1,"viewCount":2507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":867884187,"gmtCreate":1633237679274,"gmtModify":1633237679479,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a><a href=\"https://laohu8.com/S/C6L.SI\"></a>time to enter when it's below SGD5fill up your holding!","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a><a href=\"https://laohu8.com/S/C6L.SI\"></a>time to enter when it's below SGD5fill up your holding!","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$time to enter when it's below SGD5fill up your holding!","images":[{"img":"https://static.tigerbbs.com/880d29b395792156fcda5b97772ca128","width":"1440","height":"4132"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/867884187","isVote":1,"tweetType":1,"viewCount":2188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":862278025,"gmtCreate":1632885765579,"gmtModify":1632885793329,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"may hit even higher","listText":"may hit even higher","text":"may hit even higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/862278025","repostId":"2171260603","repostType":4,"repost":{"id":"2171260603","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1632882544,"share":"https://www.laohunote.com/m/news/2171260603?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:29","market":"us","language":"en","title":"Crude Oil Prices Hit $80, But Don't Expect A U.S. Drilling Boom<blockquote>原油价格触及80美元，但预计美国钻探不会繁荣</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2171260603","media":"Investors","summary":"Oil prices briefly topped $80 a barrel Tuesday, But don't expect a U.S. drilling boom.","content":"<p>Oil prices soared to over $80 per barrel Tuesday boosted by rising natural gas and coal prices, but then reversed lower with the broader market. Unlike past crude oil rallies, analysts don't expect U.S. oil companies to boost drilling.</p><p><blockquote>受天然气和煤炭价格上涨的推动，油价周二飙升至每桶 80 美元以上，但随后随大盘走低。与过去的原油反弹不同，分析师预计美国石油公司不会增加钻探。</blockquote></p><p> The U.K. and Europe are seeing a natgas shortage as suppliers were drained after a cold winter in 2020 and wind supplies weren't enough to cover the shortfall.&nbsp; China is clamoring for more coal to avoid power shortages.</p><p><blockquote>英国和欧洲正面临天然气短缺，因为在 2020 年寒冬过后，供应商枯竭，风能供应不足以弥补短缺。中国迫切需要更多煤炭以避免电力短缺。</blockquote></p><p> The increased demand for natgas and coal could spill over into the oil sector as an alternative energy source and send oil prices surging. BofA analysts said earlier this month that oil prices could hit triple-digits in the next six months if there is a cold winter.</p><p><blockquote>对天然气和煤炭的需求增加可能会作为替代能源溢出到石油行业，并导致油价飙升。美国银行分析师本月早些时候表示，如果冬季寒冷，未来六个月油价可能会达到三位数。</blockquote></p><p> Brent fell 1% to $78.72 per barrel after hitting a nearly three-year high of $80 in early trading. U.S. crude dipped 0.8% to $74.86 after topping $76 intraday. Natural gas futures, up over 10% early Tuesday to their highest since 2014, climbed 3%.</p><p><blockquote>布伦特原油在早盘触及近三年高点 80 美元后下跌 1%，至每桶 78.72 美元。美国原油盘中突破 76 美元后下跌 0.8%，至 74.86 美元。天然气期货周二早些时候上涨超过 10%，达到 2014 年以来的最高水平，随后上涨 3%。</blockquote></p><p> \"We are seeing structural issues in the underinvestment in traditional fossil fuels,\" Phil Flynn of the Price Futures group wrote in his morning note Tuesday. \"That lower for longer for oil and gas was a false premise and that peak demand also will prove to be much further in the future than many had a year ago believed.\"</p><p><blockquote>“我们看到传统化石燃料投资不足存在结构性问题，”价格期货集团的菲尔·弗林在周二的早间报告中写道。“石油和天然气价格持续走低是一个错误的前提，而且事实证明，未来的需求峰值也将比许多人一年前认为的要远得多。”</blockquote></p><p> <b>ConocoPhilips</b> and <b>Devon Energy</b> rose slightly Tuesday, off intraday highs but extending recent breakouts and win streaks. <b>EOG Resources</b> and&nbsp;<b>Pioneer Natural Resources</b> edged higher, working up the right side of bases. But <b>Denbury</b>, a big winner for much of 2021, sold off hard after flirting with a new buy point for several days.</p><p><blockquote><b>康菲石油</b>和<b>德文能源</b>周二小幅上涨，摆脱盘中高点，但延续了近期的突破和连胜势头。<b>EOG资源</b>和<b>先锋自然资源</b>边缘更高，向上移动到底座的右侧。但<b>登伯里</b>在 2021 年的大部分时间里，该公司都是大赢家，但在与新的买点调情几天后，该公司遭遇了严重抛售。</blockquote></p><p> <h3>U.S. Producers Face Uncertainty</h3> During Covid-19 producers scaled back drilling, then as demand for oil increased turned to finish drilled but uncompleted wells.</p><p><blockquote><h3>美国生产商面临不确定性</h3>在 Covid-19 期间，生产商缩减了钻探规模，然后随着石油需求的增加，他们转向已钻探但未完工的油井。</blockquote></p><p> But rising oil prices won't be enough to spur U.S. independent producers to rapidly boost drilling after years of careful capital discipline.</p><p><blockquote>但油价上涨不足以刺激美国独立生产商在多年谨慎的资本纪律后迅速增加钻探。</blockquote></p><p> Gabriele Sorbara, a senior equity analyst at Siebert Williams Shank &amp; Co. expects U.S. shale oil companies to remain in \"maintenance mode\" in drilling and completing new wells to grow at low-single digits.</p><p><blockquote>Siebert Williams Shank &amp; Co. 高级股票分析师 Gabriele Sorbara 预计，美国页岩油公司在钻探和完成新井方面将保持“维护模式”，以低个位数增长。</blockquote></p><p> Despite the $100 oil price estimates floating around Wall Street, there remains uncertainty in the forward market, he said. Also, many U.S. exploration and production companies were forced to hedge when oil prices went negative last year, locking in contracts at much lower oil prices.</p><p><blockquote>他说，尽管华尔街对100美元的油价估计浮动，但远期市场仍然存在不确定性。此外，去年油价下跌时，许多美国勘探和生产公司被迫对冲，以低得多的油价锁定合同。</blockquote></p><p> OPEC+ also remains a major variable.</p><p><blockquote>欧佩克+也仍然是一个主要变量。</blockquote></p><p> \"We've seen over the years that OPEC decides to wake up and start a war,\" Sorbara said recalling a contentious meeting over Thanksgiving weekend in 2014 that sent oil prices plunging.</p><p><blockquote>索尔巴拉回忆起 2014 年感恩节周末导致油价暴跌的一次有争议的会议时表示：“这些年来，我们已经看到欧佩克决定醒来并发动战争。”</blockquote></p><p> Instead of ramping up new drilling, U.S. independent producers flush with free cash flow, will be focused on returning cash to shareholders or looking at making purchases to expand holdings, he said. ConocoPhillips&nbsp;scooped up <b>Royal Dutch Shell'</b>s assets in Texas earlier this month.</p><p><blockquote>他表示，拥有自由现金流的美国独立生产商不会增加新钻探，而是会专注于向股东返还现金，或者考虑进行收购以扩大持股。康菲石油公司收购<b>荷兰皇家壳牌公司</b>本月早些时候在德克萨斯州的资产。</blockquote></p><p> COP stock rose 1.25%, while DVN stock gained 0.6%. Both are extended from buy points.</p><p><blockquote>COP股价上涨1.25%，DVN股价上涨0.6%。两者都是从买入点扩展而来的。</blockquote></p><p> Meanwhile, EOG stock edged up 0.3% to 82.05 on the stock market today. EOG is working on an 88.09 buy point. <b>Pioneer Natural Resources </b>ticked up 4 cents to 168.06. PXD stock is working toward a 175.47 buy point, but it cleared a lowish handle last week. <b>Continental Resources</b> dipped 1,5%, but still extended.</p><p><blockquote>与此同时，EOG股价今天在股市上小幅上涨0.3%，至82.05点。EOG 正在研究 88.09 的买入点。<b>先锋自然资源</b>上涨 4 美分至 168.06。PXD 股票正朝着 175.47 的买入点迈进，但上周清除了一个低迷的处理。<b>大陆资源</b>下跌 1.5%，但仍延长。</blockquote></p><p> Denbury stock tumbled 5.4% to 70.97, well below a 75.30 entry.</p><p><blockquote>Denbury 股价下跌 5.4%，至 70.97 点，远低于 75.30 点的入场点。</blockquote></p><p> <h3>OPEC+ Meeting Looms</h3> As U.S. producers remain disciplined, OPEC+, which includes the OPEC and top non-member producers like Russia, is slated to meet Monday to discuss its output quotas.</p><p><blockquote><h3>欧佩克+会议迫在眉睫</h3>由于美国产油国保持纪律，包括欧佩克和俄罗斯等主要非成员国产油国在内的欧佩克+定于周一开会讨论其产量配额。</blockquote></p><p> The oil cartel agreed in July to boost production by 400,000 barrels per day starting in August. OPEC+ plans to continue expanding at that monthly pace through September 2022.</p><p><blockquote>石油卡特尔在7月份同意从8月份开始每天增产40万桶。欧佩克+计划在2022年9月之前继续以每月的速度扩张。</blockquote></p><p> But a slow and steady increase might not be enough.</p><p><blockquote>但缓慢而稳定的增长可能还不够。</blockquote></p><p> The Biden administration called on OPEC+ in August to boost production to prevent oil prices from stalling the economic recovery. The current oil price surge could put even more pressure on OPEC+ to boost output.</p><p><blockquote>拜登政府8月份呼吁欧佩克+提高产量，以防止油价拖累经济复苏。当前油价飙升可能会给欧佩克+增加产量带来更大压力。</blockquote></p><p> \"If momentum is sustained, pressure will grow on OPEC+ to speed up the pace that it increases output,\" Craig Erlam, senior market analyst at Oanda said in a note Monday.</p><p><blockquote>Oanda 高级市场分析师克雷格·埃拉姆 (Craig Erlam) 在周一的一份报告中表示：“如果势头持续下去，OPEC+ 将面临加快增产步伐的压力。”</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>Crude Oil Prices Hit $80, But Don't Expect A U.S. Drilling Boom<blockquote>原油价格触及80美元，但预计美国钻探不会繁荣</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\">\nCrude Oil Prices Hit $80, But Don't Expect A U.S. Drilling Boom<blockquote>原油价格触及80美元，但预计美国钻探不会繁荣</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-09-29 10:29</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Oil prices soared to over $80 per barrel Tuesday boosted by rising natural gas and coal prices, but then reversed lower with the broader market. Unlike past crude oil rallies, analysts don't expect U.S. oil companies to boost drilling.</p><p><blockquote>受天然气和煤炭价格上涨的推动，油价周二飙升至每桶 80 美元以上，但随后随大盘走低。与过去的原油反弹不同，分析师预计美国石油公司不会增加钻探。</blockquote></p><p> The U.K. and Europe are seeing a natgas shortage as suppliers were drained after a cold winter in 2020 and wind supplies weren't enough to cover the shortfall.&nbsp; China is clamoring for more coal to avoid power shortages.</p><p><blockquote>英国和欧洲正面临天然气短缺，因为在 2020 年寒冬过后，供应商枯竭，风能供应不足以弥补短缺。中国迫切需要更多煤炭以避免电力短缺。</blockquote></p><p> The increased demand for natgas and coal could spill over into the oil sector as an alternative energy source and send oil prices surging. BofA analysts said earlier this month that oil prices could hit triple-digits in the next six months if there is a cold winter.</p><p><blockquote>对天然气和煤炭的需求增加可能会作为替代能源溢出到石油行业，并导致油价飙升。美国银行分析师本月早些时候表示，如果冬季寒冷，未来六个月油价可能会达到三位数。</blockquote></p><p> Brent fell 1% to $78.72 per barrel after hitting a nearly three-year high of $80 in early trading. U.S. crude dipped 0.8% to $74.86 after topping $76 intraday. Natural gas futures, up over 10% early Tuesday to their highest since 2014, climbed 3%.</p><p><blockquote>布伦特原油在早盘触及近三年高点 80 美元后下跌 1%，至每桶 78.72 美元。美国原油盘中突破 76 美元后下跌 0.8%，至 74.86 美元。天然气期货周二早些时候上涨超过 10%，达到 2014 年以来的最高水平，随后上涨 3%。</blockquote></p><p> \"We are seeing structural issues in the underinvestment in traditional fossil fuels,\" Phil Flynn of the Price Futures group wrote in his morning note Tuesday. \"That lower for longer for oil and gas was a false premise and that peak demand also will prove to be much further in the future than many had a year ago believed.\"</p><p><blockquote>“我们看到传统化石燃料投资不足存在结构性问题，”价格期货集团的菲尔·弗林在周二的早间报告中写道。“石油和天然气价格持续走低是一个错误的前提，而且事实证明，未来的需求峰值也将比许多人一年前认为的要远得多。”</blockquote></p><p> <b>ConocoPhilips</b> and <b>Devon Energy</b> rose slightly Tuesday, off intraday highs but extending recent breakouts and win streaks. <b>EOG Resources</b> and&nbsp;<b>Pioneer Natural Resources</b> edged higher, working up the right side of bases. But <b>Denbury</b>, a big winner for much of 2021, sold off hard after flirting with a new buy point for several days.</p><p><blockquote><b>康菲石油</b>和<b>德文能源</b>周二小幅上涨，摆脱盘中高点，但延续了近期的突破和连胜势头。<b>EOG资源</b>和<b>先锋自然资源</b>边缘更高，向上移动到底座的右侧。但<b>登伯里</b>在 2021 年的大部分时间里，该公司都是大赢家，但在与新的买点调情几天后，该公司遭遇了严重抛售。</blockquote></p><p> <h3>U.S. Producers Face Uncertainty</h3> During Covid-19 producers scaled back drilling, then as demand for oil increased turned to finish drilled but uncompleted wells.</p><p><blockquote><h3>美国生产商面临不确定性</h3>在 Covid-19 期间，生产商缩减了钻探规模，然后随着石油需求的增加，他们转向已钻探但未完工的油井。</blockquote></p><p> But rising oil prices won't be enough to spur U.S. independent producers to rapidly boost drilling after years of careful capital discipline.</p><p><blockquote>但油价上涨不足以刺激美国独立生产商在多年谨慎的资本纪律后迅速增加钻探。</blockquote></p><p> Gabriele Sorbara, a senior equity analyst at Siebert Williams Shank &amp; Co. expects U.S. shale oil companies to remain in \"maintenance mode\" in drilling and completing new wells to grow at low-single digits.</p><p><blockquote>Siebert Williams Shank &amp; Co. 高级股票分析师 Gabriele Sorbara 预计，美国页岩油公司在钻探和完成新井方面将保持“维护模式”，以低个位数增长。</blockquote></p><p> Despite the $100 oil price estimates floating around Wall Street, there remains uncertainty in the forward market, he said. Also, many U.S. exploration and production companies were forced to hedge when oil prices went negative last year, locking in contracts at much lower oil prices.</p><p><blockquote>他说，尽管华尔街对100美元的油价估计浮动，但远期市场仍然存在不确定性。此外，去年油价下跌时，许多美国勘探和生产公司被迫对冲，以低得多的油价锁定合同。</blockquote></p><p> OPEC+ also remains a major variable.</p><p><blockquote>欧佩克+也仍然是一个主要变量。</blockquote></p><p> \"We've seen over the years that OPEC decides to wake up and start a war,\" Sorbara said recalling a contentious meeting over Thanksgiving weekend in 2014 that sent oil prices plunging.</p><p><blockquote>索尔巴拉回忆起 2014 年感恩节周末导致油价暴跌的一次有争议的会议时表示：“这些年来，我们已经看到欧佩克决定醒来并发动战争。”</blockquote></p><p> Instead of ramping up new drilling, U.S. independent producers flush with free cash flow, will be focused on returning cash to shareholders or looking at making purchases to expand holdings, he said. ConocoPhillips&nbsp;scooped up <b>Royal Dutch Shell'</b>s assets in Texas earlier this month.</p><p><blockquote>他表示，拥有自由现金流的美国独立生产商不会增加新钻探，而是会专注于向股东返还现金，或者考虑进行收购以扩大持股。康菲石油公司收购<b>荷兰皇家壳牌公司</b>本月早些时候在德克萨斯州的资产。</blockquote></p><p> COP stock rose 1.25%, while DVN stock gained 0.6%. Both are extended from buy points.</p><p><blockquote>COP股价上涨1.25%，DVN股价上涨0.6%。两者都是从买入点扩展而来的。</blockquote></p><p> Meanwhile, EOG stock edged up 0.3% to 82.05 on the stock market today. EOG is working on an 88.09 buy point. <b>Pioneer Natural Resources </b>ticked up 4 cents to 168.06. PXD stock is working toward a 175.47 buy point, but it cleared a lowish handle last week. <b>Continental Resources</b> dipped 1,5%, but still extended.</p><p><blockquote>与此同时，EOG股价今天在股市上小幅上涨0.3%，至82.05点。EOG 正在研究 88.09 的买入点。<b>先锋自然资源</b>上涨 4 美分至 168.06。PXD 股票正朝着 175.47 的买入点迈进，但上周清除了一个低迷的处理。<b>大陆资源</b>下跌 1.5%，但仍延长。</blockquote></p><p> Denbury stock tumbled 5.4% to 70.97, well below a 75.30 entry.</p><p><blockquote>Denbury 股价下跌 5.4%，至 70.97 点，远低于 75.30 点的入场点。</blockquote></p><p> <h3>OPEC+ Meeting Looms</h3> As U.S. producers remain disciplined, OPEC+, which includes the OPEC and top non-member producers like Russia, is slated to meet Monday to discuss its output quotas.</p><p><blockquote><h3>欧佩克+会议迫在眉睫</h3>由于美国产油国保持纪律，包括欧佩克和俄罗斯等主要非成员国产油国在内的欧佩克+定于周一开会讨论其产量配额。</blockquote></p><p> The oil cartel agreed in July to boost production by 400,000 barrels per day starting in August. OPEC+ plans to continue expanding at that monthly pace through September 2022.</p><p><blockquote>石油卡特尔在7月份同意从8月份开始每天增产40万桶。欧佩克+计划在2022年9月之前继续以每月的速度扩张。</blockquote></p><p> But a slow and steady increase might not be enough.</p><p><blockquote>但缓慢而稳定的增长可能还不够。</blockquote></p><p> The Biden administration called on OPEC+ in August to boost production to prevent oil prices from stalling the economic recovery. The current oil price surge could put even more pressure on OPEC+ to boost output.</p><p><blockquote>拜登政府8月份呼吁欧佩克+提高产量，以防止油价拖累经济复苏。当前油价飙升可能会给欧佩克+增加产量带来更大压力。</blockquote></p><p> \"If momentum is sustained, pressure will grow on OPEC+ to speed up the pace that it increases output,\" Craig Erlam, senior market analyst at Oanda said in a note Monday.</p><p><blockquote>Oanda 高级市场分析师克雷格·埃拉姆 (Craig Erlam) 在周一的一份报告中表示：“如果势头持续下去，OPEC+ 将面临加快增产步伐的压力。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171260603","content_text":"Oil prices soared to over $80 per barrel Tuesday boosted by rising natural gas and coal prices, but then reversed lower with the broader market. Unlike past crude oil rallies, analysts don't expect U.S. oil companies to boost drilling.\nThe U.K. and Europe are seeing a natgas shortage as suppliers were drained after a cold winter in 2020 and wind supplies weren't enough to cover the shortfall.  China is clamoring for more coal to avoid power shortages.\nThe increased demand for natgas and coal could spill over into the oil sector as an alternative energy source and send oil prices surging. BofA analysts said earlier this month that oil prices could hit triple-digits in the next six months if there is a cold winter.\nBrent fell 1% to $78.72 per barrel after hitting a nearly three-year high of $80 in early trading. U.S. crude dipped 0.8% to $74.86 after topping $76 intraday. Natural gas futures, up over 10% early Tuesday to their highest since 2014, climbed 3%.\n\"We are seeing structural issues in the underinvestment in traditional fossil fuels,\" Phil Flynn of the Price Futures group wrote in his morning note Tuesday. \"That lower for longer for oil and gas was a false premise and that peak demand also will prove to be much further in the future than many had a year ago believed.\"\nConocoPhilips and Devon Energy rose slightly Tuesday, off intraday highs but extending recent breakouts and win streaks. EOG Resources and Pioneer Natural Resources edged higher, working up the right side of bases. But Denbury, a big winner for much of 2021, sold off hard after flirting with a new buy point for several days.\nU.S. Producers Face Uncertainty\nDuring Covid-19 producers scaled back drilling, then as demand for oil increased turned to finish drilled but uncompleted wells.\nBut rising oil prices won't be enough to spur U.S. independent producers to rapidly boost drilling after years of careful capital discipline.\nGabriele Sorbara, a senior equity analyst at Siebert Williams Shank & Co. expects U.S. shale oil companies to remain in \"maintenance mode\" in drilling and completing new wells to grow at low-single digits.\nDespite the $100 oil price estimates floating around Wall Street, there remains uncertainty in the forward market, he said. Also, many U.S. exploration and production companies were forced to hedge when oil prices went negative last year, locking in contracts at much lower oil prices.\nOPEC+ also remains a major variable.\n\"We've seen over the years that OPEC decides to wake up and start a war,\" Sorbara said recalling a contentious meeting over Thanksgiving weekend in 2014 that sent oil prices plunging.\nInstead of ramping up new drilling, U.S. independent producers flush with free cash flow, will be focused on returning cash to shareholders or looking at making purchases to expand holdings, he said. ConocoPhillips scooped up Royal Dutch Shell's assets in Texas earlier this month.\nCOP stock rose 1.25%, while DVN stock gained 0.6%. Both are extended from buy points.\nMeanwhile, EOG stock edged up 0.3% to 82.05 on the stock market today. EOG is working on an 88.09 buy point. Pioneer Natural Resources ticked up 4 cents to 168.06. PXD stock is working toward a 175.47 buy point, but it cleared a lowish handle last week. Continental Resources dipped 1,5%, but still extended.\nDenbury stock tumbled 5.4% to 70.97, well below a 75.30 entry.\nOPEC+ Meeting Looms\nAs U.S. producers remain disciplined, OPEC+, which includes the OPEC and top non-member producers like Russia, is slated to meet Monday to discuss its output quotas.\nThe oil cartel agreed in July to boost production by 400,000 barrels per day starting in August. OPEC+ plans to continue expanding at that monthly pace through September 2022.\nBut a slow and steady increase might not be enough.\nThe Biden administration called on OPEC+ in August to boost production to prevent oil prices from stalling the economic recovery. The current oil price surge could put even more pressure on OPEC+ to boost output.\n\"If momentum is sustained, pressure will grow on OPEC+ to speed up the pace that it increases output,\" Craig Erlam, senior market analyst at Oanda said in a note Monday.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862279971,"gmtCreate":1632885563105,"gmtModify":1632885570467,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"worrying","listText":"worrying","text":"worrying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862279971","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","kind":"news","pubTimestamp":1632882697,"share":"https://www.laohunote.com/m/news/1198528044?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</li><li>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</li><li>虽然在融化过程中利用融化的机会至关重要，但不要过于自满 “这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从同事那里得到的问题<i>减少垃圾投资。</i>这是一个很好的问题，因为投资者认为<i>“无风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个定义，准确地定义什么是熔化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>“融化是指资产或资产类别的投资业绩持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至、</b></i><i>而不是经济的根本性改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期的顶峰附近，投资者会被潜在的繁荣所吸引。这种繁荣滋生了 “合理化”，即 “这次不同 ”。那么，你如何知道目前的市场是否繁荣呢？通过情绪交易者：”</i><i>这种市场活动表明市场已经回到了'热情'阶段。其特点是：'</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>轻松信贷（太容易，条款宽松）</i></b></li><li><b><i>首次和二次发行的热潮</i></b></li><li><b><i>高风险股票跑赢大盘</i></b></li><li><b><i>拉伸估值</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象一些事情往往比解释它更容易。<b>自 1900 年以来，只有两个之前的市场时期符合融化的条件：1920-1929 年和 1995-2000 年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前较 2020 年 3 月低点的进步进行比较。同样，我们看到价格也出现了非常相似的大幅上涨，同时估值也飙升。正如预期的那样，投资者目前希望未来的盈利能够大幅增长，以证明当前的价格是合理的。然而，付出高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值的衡量标准略有不同。它显示了当前与长期指数增长趋势的偏差。毫不奇怪，在市场期间<i>“融化，”</i>与估值加速相匹配的增长趋势迅速偏离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场问题<i>“融化”</i>不是熔化本身，而是随之而来的东西。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在融化过程中，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度使用杠杆，试图利用价格的快速上涨，而基本面则让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化是关于<i>心理学。</i><b>从历史上看，无论什么催化剂引发了人们对风险的漠视，价格和估值的相应飙升都很容易见证。</b>下图显示了相对强度、偏差和估值的长期偏差。以前的<i>“融化”</i>与目前的进步相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于当前的扩展只与历史上几个罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>流行的心理总是 “这次不一样”。</i></b></li><li><b><i>估值被放弃，以换取势头和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似 “输不起 ”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，也是不可避免的，“融化 ”以最坏的结果告终。</i></b></li></ol>必须认识到市场处于<i>“融化，</i>“事件的持续时间不得而知。因此，投资者需要一个策略来参与预先，并减轻最终的损失<i>“融化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如前所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理的一个功能，它们可能会持续更长时间，比逻辑预测的更远。需要什么 “<i>结束”</i>融化是一种意想不到的外部事件，它会将心理从看涨转变为看跌。这就是退出潮发生的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场发展。但是，当然，困难的部分是当调整不可避免地发生时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我概述了我们采用的流程。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（在市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>抵御市场大幅下跌。（不相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>卖出落后者</b></i><i>和失败者</i>.<i>(如果某种方法在市场融化时不起作用，那么在普遍下跌时很可能也不起作用。最好尽早消除风险）。</i></li><li><i><b>筹集现金</b></i><i>并根据目标权重重新平衡投资组合。（定期重新平衡风险可以在一定程度上减轻隐藏风险。）</i></li></ol><b>注意，里面没写，</b><b><i>“卖掉所有东西，变现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间大幅筹集现金。良好的投资组合管理策略将自动确保<i>“止损”</i>当销售开始时，水平被触发，风险敞口减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然在融化过程中利用融化的机会至关重要，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</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>Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</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\">\nTechnically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-29 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</li><li>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</li><li>虽然在融化过程中利用融化的机会至关重要，但不要过于自满 “这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从同事那里得到的问题<i>减少垃圾投资。</i>这是一个很好的问题，因为投资者认为<i>“无风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个定义，准确地定义什么是熔化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>“融化是指资产或资产类别的投资业绩持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至、</b></i><i>而不是经济的根本性改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期的顶峰附近，投资者会被潜在的繁荣所吸引。这种繁荣滋生了 “合理化”，即 “这次不同 ”。那么，你如何知道目前的市场是否繁荣呢？通过情绪交易者：”</i><i>这种市场活动表明市场已经回到了'热情'阶段。其特点是：'</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>轻松信贷（太容易，条款宽松）</i></b></li><li><b><i>首次和二次发行的热潮</i></b></li><li><b><i>高风险股票跑赢大盘</i></b></li><li><b><i>拉伸估值</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象一些事情往往比解释它更容易。<b>自 1900 年以来，只有两个之前的市场时期符合融化的条件：1920-1929 年和 1995-2000 年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前较 2020 年 3 月低点的进步进行比较。同样，我们看到价格也出现了非常相似的大幅上涨，同时估值也飙升。正如预期的那样，投资者目前希望未来的盈利能够大幅增长，以证明当前的价格是合理的。然而，付出高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值的衡量标准略有不同。它显示了当前与长期指数增长趋势的偏差。毫不奇怪，在市场期间<i>“融化，”</i>与估值加速相匹配的增长趋势迅速偏离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场问题<i>“融化”</i>不是熔化本身，而是随之而来的东西。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在融化过程中，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度使用杠杆，试图利用价格的快速上涨，而基本面则让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化是关于<i>心理学。</i><b>从历史上看，无论什么催化剂引发了人们对风险的漠视，价格和估值的相应飙升都很容易见证。</b>下图显示了相对强度、偏差和估值的长期偏差。以前的<i>“融化”</i>与目前的进步相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于当前的扩展只与历史上几个罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>流行的心理总是 “这次不一样”。</i></b></li><li><b><i>估值被放弃，以换取势头和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似 “输不起 ”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，也是不可避免的，“融化 ”以最坏的结果告终。</i></b></li></ol>必须认识到市场处于<i>“融化，</i>“事件的持续时间不得而知。因此，投资者需要一个策略来参与预先，并减轻最终的损失<i>“融化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如前所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理的一个功能，它们可能会持续更长时间，比逻辑预测的更远。需要什么 “<i>结束”</i>融化是一种意想不到的外部事件，它会将心理从看涨转变为看跌。这就是退出潮发生的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场发展。但是，当然，困难的部分是当调整不可避免地发生时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我概述了我们采用的流程。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（在市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>抵御市场大幅下跌。（不相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>卖出落后者</b></i><i>和失败者</i>.<i>(如果某种方法在市场融化时不起作用，那么在普遍下跌时很可能也不起作用。最好尽早消除风险）。</i></li><li><i><b>筹集现金</b></i><i>并根据目标权重重新平衡投资组合。（定期重新平衡风险可以在一定程度上减轻隐藏风险。）</i></li></ol><b>注意，里面没写，</b><b><i>“卖掉所有东西，变现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间大幅筹集现金。良好的投资组合管理策略将自动确保<i>“止损”</i>当销售开始时，水平被触发，风险敞口减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然在融化过程中利用融化的机会至关重要，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">seekingalpha</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":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862290121,"gmtCreate":1632879489383,"gmtModify":1632879489502,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/U14.SI\">$UOL GROUP LIMITED(U14.SI)$</a>buying at&nbsp;6.80.hope to hit 6.80 by today","listText":"<a href=\"https://laohu8.com/S/U14.SI\">$UOL GROUP LIMITED(U14.SI)$</a>buying at&nbsp;6.80.hope to hit 6.80 by today","text":"$UOL GROUP LIMITED(U14.SI)$buying at 6.80.hope to hit 6.80 by today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862290121","isVote":1,"tweetType":1,"viewCount":4023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862093805,"gmtCreate":1632814791307,"gmtModify":1632814791369,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"i watch finish in 1 day","listText":"i watch finish in 1 day","text":"i watch finish in 1 day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862093805","repostId":"1116230896","repostType":4,"repost":{"id":"1116230896","kind":"news","pubTimestamp":1632813313,"share":"https://www.laohunote.com/m/news/1116230896?lang=zh_CN&edition=full","pubTime":"2021-09-28 15:15","market":"us","language":"en","title":"Netflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116230896","media":"Barrons","summary":"Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to","content":"<p>Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to be the most successful series ever launched on the service, Netflix Co-CEO Ted Sarandos said Monday at the 2021 Code Conference in Beverly Hills.</p><p><blockquote>网飞联合首席执行官泰德·萨兰多斯周一在比佛利山庄举行的2021年代码大会上表示，本月早些时候在网飞推出的韩语生存故事《鱿鱼游戏》有望成为该服务上推出的最成功的系列。</blockquote></p><p> In a room full of mask-wearing, vaxed, and freshly Covid-tested attendees at the Beverly Hilton, the Netflix (ticker: NFLX) content chief said the show is already attracting a far larger audience than the French-language crime drama Lupin, which Sarandos noted was the first non-English-language show to become the top program on the site. “Squid Game is bigger,” he says.</p><p><blockquote>在贝弗利希尔顿酒店的一个房间里，挤满了戴着口罩、接种疫苗和刚刚接受新冠病毒检测的与会者，Netflix（股票代码：NFLX）内容主管表示，该节目已经吸引了比法语犯罪剧《鲁邦》多得多的观众，萨兰多斯指出，这是第一个成为该网站顶级节目的非英语节目。“他说：”鱿鱼游戏规模更大。</blockquote></p><p> As part of a broad conversation about the streaming giant with Code Conference host Kara Swisher, Sarandos also said the company doesn’t think about getting acquired, and he denied any interest in buying a theater chain. Sarandos also denied any interest in expanding into streaming music, news programming, or live sports. And he declined to specify when the company will launch its previously announced addition of gaming on the service in the U.S.</p><p><blockquote>在与 Code Conference 主持人卡拉-斯威舍（Kara Swisher）就这家流媒体巨头进行的广泛对话中，萨兰多斯还表示，该公司没有考虑被收购，他否认有任何兴趣收购连锁影院。萨兰多斯还否认有任何兴趣扩展到流媒体音乐、新闻节目或体育直播领域。他拒绝具体说明该公司何时将在美国推出此前宣布的游戏服务。</blockquote></p><p> Sarandos also released some fresh data on the most watched programming on the service, ranked by both the number of accounts who watched a given piece of programming for at least two minutes within the first 28 days of release. Ranked by number of accounts, the top three included Bridgerton Season 1 (82 million accounts), Lupin Part 1 (76 million), and The Witcher Season 1 (76 million.) In terms of viewing hours in the first 28 days of release, the most watched programming has been Bridgerton Season 1 (625 million hours), Money Heist Part 4 (619 million hours), and Stranger Things 3 (582 million hours.)</p><p><blockquote>Sarandos还发布了一些关于该服务上观看次数最多的节目的新数据，根据在发布的前28天内观看给定节目至少两分钟的帐户数量进行排名。按账户数量排名，前三名包括《布里奇顿》第一季（8200万个账户）、《鲁邦》第一部（7600万个）和《巫师》第一季（7600万个）。就上映前28天的观看时长而言，观看次数最多的节目是《布里奇顿》第一季（6.25亿小时）、《金钱大劫案》第四部（6.19亿小时）和《怪奇物语3》（5.82亿小时）。</blockquote></p><p> Asked about competition from other streaming services, Sarandos said that the company has been competing with other content creators from the company’s inception, and that Netflix is even more confident competing with them in streaming.</p><p><blockquote>当被问及来自其他流媒体服务的竞争时，萨兰多斯说，公司从一开始就一直在与其他内容创作者竞争，而 Netflix 对在流媒体领域与他们竞争更加有信心。</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>Netflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</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\">\nNetflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-28 15:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to be the most successful series ever launched on the service, Netflix Co-CEO Ted Sarandos said Monday at the 2021 Code Conference in Beverly Hills.</p><p><blockquote>网飞联合首席执行官泰德·萨兰多斯周一在比佛利山庄举行的2021年代码大会上表示，本月早些时候在网飞推出的韩语生存故事《鱿鱼游戏》有望成为该服务上推出的最成功的系列。</blockquote></p><p> In a room full of mask-wearing, vaxed, and freshly Covid-tested attendees at the Beverly Hilton, the Netflix (ticker: NFLX) content chief said the show is already attracting a far larger audience than the French-language crime drama Lupin, which Sarandos noted was the first non-English-language show to become the top program on the site. “Squid Game is bigger,” he says.</p><p><blockquote>在贝弗利希尔顿酒店的一个房间里，挤满了戴着口罩、接种疫苗和刚刚接受新冠病毒检测的与会者，Netflix（股票代码：NFLX）内容主管表示，该节目已经吸引了比法语犯罪剧《鲁邦》多得多的观众，萨兰多斯指出，这是第一个成为该网站顶级节目的非英语节目。“他说：”鱿鱼游戏规模更大。</blockquote></p><p> As part of a broad conversation about the streaming giant with Code Conference host Kara Swisher, Sarandos also said the company doesn’t think about getting acquired, and he denied any interest in buying a theater chain. Sarandos also denied any interest in expanding into streaming music, news programming, or live sports. And he declined to specify when the company will launch its previously announced addition of gaming on the service in the U.S.</p><p><blockquote>在与 Code Conference 主持人卡拉-斯威舍（Kara Swisher）就这家流媒体巨头进行的广泛对话中，萨兰多斯还表示，该公司没有考虑被收购，他否认有任何兴趣收购连锁影院。萨兰多斯还否认有任何兴趣扩展到流媒体音乐、新闻节目或体育直播领域。他拒绝具体说明该公司何时将在美国推出此前宣布的游戏服务。</blockquote></p><p> Sarandos also released some fresh data on the most watched programming on the service, ranked by both the number of accounts who watched a given piece of programming for at least two minutes within the first 28 days of release. Ranked by number of accounts, the top three included Bridgerton Season 1 (82 million accounts), Lupin Part 1 (76 million), and The Witcher Season 1 (76 million.) In terms of viewing hours in the first 28 days of release, the most watched programming has been Bridgerton Season 1 (625 million hours), Money Heist Part 4 (619 million hours), and Stranger Things 3 (582 million hours.)</p><p><blockquote>Sarandos还发布了一些关于该服务上观看次数最多的节目的新数据，根据在发布的前28天内观看给定节目至少两分钟的帐户数量进行排名。按账户数量排名，前三名包括《布里奇顿》第一季（8200万个账户）、《鲁邦》第一部（7600万个）和《巫师》第一季（7600万个）。就上映前28天的观看时长而言，观看次数最多的节目是《布里奇顿》第一季（6.25亿小时）、《金钱大劫案》第四部（6.19亿小时）和《怪奇物语3》（5.82亿小时）。</blockquote></p><p> Asked about competition from other streaming services, Sarandos said that the company has been competing with other content creators from the company’s inception, and that Netflix is even more confident competing with them in streaming.</p><p><blockquote>当被问及来自其他流媒体服务的竞争时，萨兰多斯说，公司从一开始就一直在与其他内容创作者竞争，而 Netflix 对在流媒体领域与他们竞争更加有信心。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/netflix-ceo-stock-squid-game-51632781438?mod=hp_LATEST\">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":{"NFLX":"奈飞"},"source_url":"https://www.barrons.com/articles/netflix-ceo-stock-squid-game-51632781438?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116230896","content_text":"Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to be the most successful series ever launched on the service, Netflix Co-CEO Ted Sarandos said Monday at the 2021 Code Conference in Beverly Hills.\n\nIn a room full of mask-wearing, vaxed, and freshly Covid-tested attendees at the Beverly Hilton, the Netflix (ticker: NFLX) content chief said the show is already attracting a far larger audience than the French-language crime drama Lupin, which Sarandos noted was the first non-English-language show to become the top program on the site. “Squid Game is bigger,” he says.\nAs part of a broad conversation about the streaming giant with Code Conference host Kara Swisher, Sarandos also said the company doesn’t think about getting acquired, and he denied any interest in buying a theater chain. Sarandos also denied any interest in expanding into streaming music, news programming, or live sports. And he declined to specify when the company will launch its previously announced addition of gaming on the service in the U.S.\nSarandos also released some fresh data on the most watched programming on the service, ranked by both the number of accounts who watched a given piece of programming for at least two minutes within the first 28 days of release. Ranked by number of accounts, the top three included Bridgerton Season 1 (82 million accounts), Lupin Part 1 (76 million), and The Witcher Season 1 (76 million.) In terms of viewing hours in the first 28 days of release, the most watched programming has been Bridgerton Season 1 (625 million hours), Money Heist Part 4 (619 million hours), and Stranger Things 3 (582 million hours.)\nAsked about competition from other streaming services, Sarandos said that the company has been competing with other content creators from the company’s inception, and that Netflix is even more confident competing with them in streaming.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":2480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866327684,"gmtCreate":1632737850448,"gmtModify":1632798204686,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"gg","listText":"gg","text":"gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866327684","repostId":"1192058689","repostType":4,"repost":{"id":"1192058689","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":1632735827,"share":"https://www.laohunote.com/m/news/1192058689?lang=zh_CN&edition=full","pubTime":"2021-09-27 17:43","market":"us","language":"en","title":"Oil stocks rose in line with oil prices<blockquote>石油股随油价上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192058689","media":"Tiger Newspress","summary":"Oil stocks rose in line with oil prices.The shares of Callon Petroleum,Shell,BP,Occidental Petroleum","content":"<p>Oil&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;line&nbsp;with&nbsp;oil&nbsp;prices.The&nbsp;shares&nbsp;of&nbsp;Callon&nbsp;Petroleum,Shell,BP,Occidental&nbsp;Petroleum,Halliburton,Exxon&nbsp;and&nbsp;Chevron&nbsp;climbed between 1% and 3%&nbsp;in&nbsp;premarket trading.</p><p><blockquote>石油股与油价一致上涨.卡隆石油公司、壳牌公司、英国石油公司、西方石油公司、哈里伯顿公司、埃克森美孚公司和雪佛龙公司的股价在盘前交易中上涨了1%至3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c5ded3bcc923ba3ef5a145237ef383fc\" tg-width=\"401\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.</p><p><blockquote>周一油价连续第五天上涨，布伦特原油达到 2018 年 10 月以来的最高水平，并因供应担忧而升至 80 美元，原因是随着疫情限制的放松，世界部分地区的需求回升。</blockquote></p><p> Brent crude was up $1.15 or 1.5% at $79.24 a barrel by 0900 GMT, having posted three straight weeks of gains. U.S. Oil added $1.07, or 1.5%, to $75.05, near its highest since July, after rising for a fifth straight week last week.</p><p><blockquote>截至格林尼治标准时间 09:00，布伦特原油上涨 1.15 美元或 1.5%，至每桶 79.24 美元，连续三周上涨。美国油价上涨 1.07 美元，涨幅 1.5%，至 75.05 美元，接近 7 月以来的最高水平，上周连续第五周上涨。</blockquote></p><p> Goldman Sachs raised by $10 its forecast for Brent crude at the end of this year to $90 per barrel, as faster fuel demand recovery from the outbreak of the Delta variant of the coronavirus and Hurricane Ida's hit to U.S. production led to tight global supplies.</p><p><blockquote>高盛将今年年底布伦特原油预测上调10美元，至每桶90美元，原因是冠状病毒德尔塔变异毒株爆发和飓风艾达对美国产量的打击导致全球供应紧张，燃料需求加速复苏。</blockquote></p><p> \"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts,\" Goldman said.</p><p><blockquote>“虽然我们长期以来一直持有看涨石油的观点，但当前全球供需赤字比我们预期的要大，全球需求从三角洲影响中恢复的速度甚至比我们高于共识的预测还要快，而且全球供应仍低于我们低于共识的预测，”高盛表示。</blockquote></p><p> Caught short by the demand rebound, members of the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, have had difficulty raising output as under-investment or maintenance delays persist from the pandemic.</p><p><blockquote>由于需求反弹，石油输出国组织及其盟友（欧佩克+）的成员国及其盟友在提高产量方面遇到了困难，因为疫情导致投资不足或维护延误持续存在。</blockquote></p><p> \"Price support came courtesy of U.S. supply tightness as disruptions in the Gulf of Mexico spurred inventory draws,\" said Stephen Brennock of oil broker PVM.</p><p><blockquote>石油经纪商 PVM 的斯蒂芬·布伦诺克 (Stephen Brennock) 表示：“由于墨西哥湾的中断刺激了库存减少，美国供应紧张为价格提供了支撑。”</blockquote></p><p> The European crude benchmark was also buoyed by gains across the broader energy complex, he added.</p><p><blockquote>他补充说，欧洲原油基准也受到更广泛能源综合体上涨的提振。</blockquote></p><p> \"Surging natural gas prices fuelled rumours that it could boost demand for alternative fuels, including oil.\"</p><p><blockquote>“天然气价格飙升引发了有关天然气可能会提振对包括石油在内的替代燃料需求的传言。”</blockquote></p><p> India's oil imports hit a three-month peak in August, rebounding from nearly one-year lows touched in July, as refiners in the second-biggest importer of crude stocked up in anticipation of higher demand.</p><p><blockquote>印度石油进口量在 8 月份触及三个月高点，从 7 月份触及的近一年低点反弹，原因是印度第二大原油进口国的炼油厂因预期需求增加而囤积库存。</blockquote></p><p> Meanwhile China's first public sale of state oil reserves has barely acted to cap gains as PetroChina and Hengli Petrochemical bought four cargoes totalling about 4.43 million barrels.</p><p><blockquote>与此同时，中国首次公开出售国有石油储备几乎没有起到限制涨幅的作用，中石油和恒力石化购买了四批货物，总计约443万桶。</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>Oil stocks rose in line with oil prices<blockquote>石油股随油价上涨</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil stocks rose in line with oil prices<blockquote>石油股随油价上涨</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\">2021-09-27 17:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Oil&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;line&nbsp;with&nbsp;oil&nbsp;prices.The&nbsp;shares&nbsp;of&nbsp;Callon&nbsp;Petroleum,Shell,BP,Occidental&nbsp;Petroleum,Halliburton,Exxon&nbsp;and&nbsp;Chevron&nbsp;climbed between 1% and 3%&nbsp;in&nbsp;premarket trading.</p><p><blockquote>石油股与油价一致上涨.卡隆石油公司、壳牌公司、英国石油公司、西方石油公司、哈里伯顿公司、埃克森美孚公司和雪佛龙公司的股价在盘前交易中上涨了1%至3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c5ded3bcc923ba3ef5a145237ef383fc\" tg-width=\"401\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.</p><p><blockquote>周一油价连续第五天上涨，布伦特原油达到 2018 年 10 月以来的最高水平，并因供应担忧而升至 80 美元，原因是随着疫情限制的放松，世界部分地区的需求回升。</blockquote></p><p> Brent crude was up $1.15 or 1.5% at $79.24 a barrel by 0900 GMT, having posted three straight weeks of gains. U.S. Oil added $1.07, or 1.5%, to $75.05, near its highest since July, after rising for a fifth straight week last week.</p><p><blockquote>截至格林尼治标准时间 09:00，布伦特原油上涨 1.15 美元或 1.5%，至每桶 79.24 美元，连续三周上涨。美国油价上涨 1.07 美元，涨幅 1.5%，至 75.05 美元，接近 7 月以来的最高水平，上周连续第五周上涨。</blockquote></p><p> Goldman Sachs raised by $10 its forecast for Brent crude at the end of this year to $90 per barrel, as faster fuel demand recovery from the outbreak of the Delta variant of the coronavirus and Hurricane Ida's hit to U.S. production led to tight global supplies.</p><p><blockquote>高盛将今年年底布伦特原油预测上调10美元，至每桶90美元，原因是冠状病毒德尔塔变异毒株爆发和飓风艾达对美国产量的打击导致全球供应紧张，燃料需求加速复苏。</blockquote></p><p> \"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts,\" Goldman said.</p><p><blockquote>“虽然我们长期以来一直持有看涨石油的观点，但当前全球供需赤字比我们预期的要大，全球需求从三角洲影响中恢复的速度甚至比我们高于共识的预测还要快，而且全球供应仍低于我们低于共识的预测，”高盛表示。</blockquote></p><p> Caught short by the demand rebound, members of the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, have had difficulty raising output as under-investment or maintenance delays persist from the pandemic.</p><p><blockquote>由于需求反弹，石油输出国组织及其盟友（欧佩克+）的成员国及其盟友在提高产量方面遇到了困难，因为疫情导致投资不足或维护延误持续存在。</blockquote></p><p> \"Price support came courtesy of U.S. supply tightness as disruptions in the Gulf of Mexico spurred inventory draws,\" said Stephen Brennock of oil broker PVM.</p><p><blockquote>石油经纪商 PVM 的斯蒂芬·布伦诺克 (Stephen Brennock) 表示：“由于墨西哥湾的中断刺激了库存减少，美国供应紧张为价格提供了支撑。”</blockquote></p><p> The European crude benchmark was also buoyed by gains across the broader energy complex, he added.</p><p><blockquote>他补充说，欧洲原油基准也受到更广泛能源综合体上涨的提振。</blockquote></p><p> \"Surging natural gas prices fuelled rumours that it could boost demand for alternative fuels, including oil.\"</p><p><blockquote>“天然气价格飙升引发了有关天然气可能会提振对包括石油在内的替代燃料需求的传言。”</blockquote></p><p> India's oil imports hit a three-month peak in August, rebounding from nearly one-year lows touched in July, as refiners in the second-biggest importer of crude stocked up in anticipation of higher demand.</p><p><blockquote>印度石油进口量在 8 月份触及三个月高点，从 7 月份触及的近一年低点反弹，原因是印度第二大原油进口国的炼油厂因预期需求增加而囤积库存。</blockquote></p><p> Meanwhile China's first public sale of state oil reserves has barely acted to cap gains as PetroChina and Hengli Petrochemical bought four cargoes totalling about 4.43 million barrels.</p><p><blockquote>与此同时，中国首次公开出售国有石油储备几乎没有起到限制涨幅的作用，中石油和恒力石化购买了四批货物，总计约443万桶。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SLB":"斯伦贝谢","RDS.A":"荷兰皇家壳牌石油A类股","OXY":"西方石油","HAL":"哈里伯顿","CPE":"卡隆石油","BP":"英国石油","XOM":"埃克森美孚","CVX":"雪佛龙","COP":"康菲石油"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192058689","content_text":"Oil stocks rose in line with oil prices.The shares of Callon Petroleum,Shell,BP,Occidental Petroleum,Halliburton,Exxon and Chevron climbed between 1% and 3% in premarket trading.\n\nOil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.\nBrent crude was up $1.15 or 1.5% at $79.24 a barrel by 0900 GMT, having posted three straight weeks of gains. U.S. Oil added $1.07, or 1.5%, to $75.05, near its highest since July, after rising for a fifth straight week last week.\nGoldman Sachs raised by $10 its forecast for Brent crude at the end of this year to $90 per barrel, as faster fuel demand recovery from the outbreak of the Delta variant of the coronavirus and Hurricane Ida's hit to U.S. production led to tight global supplies.\n\"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts,\" Goldman said.\nCaught short by the demand rebound, members of the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, have had difficulty raising output as under-investment or maintenance delays persist from the pandemic.\n\"Price support came courtesy of U.S. supply tightness as disruptions in the Gulf of Mexico spurred inventory draws,\" said Stephen Brennock of oil broker PVM.\nThe European crude benchmark was also buoyed by gains across the broader energy complex, he added.\n\"Surging natural gas prices fuelled rumours that it could boost demand for alternative fuels, including oil.\"\nIndia's oil imports hit a three-month peak in August, rebounding from nearly one-year lows touched in July, as refiners in the second-biggest importer of crude stocked up in anticipation of higher demand.\nMeanwhile China's first public sale of state oil reserves has barely acted to cap gains as PetroChina and Hengli Petrochemical bought four cargoes totalling about 4.43 million barrels.","news_type":1,"symbols_score_info":{"COP":0.9,"CVX":0.9,"RDS.A":0.9,"CPE":0.9,"HAL":0.9,"XOM":0.9,"CLR":0.9,"OXY":0.9,"BP":0.9,"SLB":0.9}},"isVote":1,"tweetType":1,"viewCount":3182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860542346,"gmtCreate":1632191646085,"gmtModify":1632802163366,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860542346","repostId":"1129128845","repostType":4,"repost":{"id":"1129128845","kind":"news","pubTimestamp":1632180937,"share":"https://www.laohunote.com/m/news/1129128845?lang=zh_CN&edition=full","pubTime":"2021-09-21 07:35","market":"us","language":"en","title":"SEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures<blockquote>美国证券交易委员会正在调查动视暴雪的工作场所行为和披露</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129128845","media":"The Wall Street Journal","summary":"Videogame company also in talks to settle probe by Equal Employment Opportunity Commission\nActivisio","content":"<p>Videogame company also in talks to settle probe by Equal Employment Opportunity Commission</p><p><blockquote>视频游戏公司也在谈判解决平等就业机会委员会的调查</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/323cf44261f528e4a2956db2f7da8274\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Activision Blizzard’s offices in Irvine, Calif. The company is known for its Call of Duty, World of Warcraft and Candy Crush franchises.</span></p><p><blockquote><p class=\"t-img-caption\"><span>动视暴雪位于加利福尼亚州尔湾的办公室。该公司以其《看涨期权》、《魔兽世界》和《糖果粉碎》系列而闻名。</span></p></blockquote></p><p> Federal securities regulators have launched a wide-ranging investigation into&nbsp;Activision Blizzard&nbsp;Inc.,&nbsp;including how the videogame-publishing giant handled employees’ allegations of sexual misconduct and workplace discrimination, according to people familiar with the investigation and documents viewed by The Wall Street Journal.</p><p><blockquote>据熟悉调查的人士和《华尔街日报》查看的文件称，联邦证券监管机构已对动视暴雪公司展开了广泛调查，包括这家视频游戏出版巨头如何处理员工的性行为不端和工作场所歧视指控。</blockquote></p><p> The Securities and Exchange Commission has subpoenaed Activision, known for its Call of Duty, World of Warcraft and Candy Crush franchises, and several of its senior executives, including longtime Chief Executive Bobby Kotick, according to the people and documents.</p><p><blockquote>据《人物》和《文件》报道，美国证券交易委员会已传唤动视暴雪及其几名高级管理人员，其中包括长期担任首席执行官的鲍比·科蒂克。</blockquote></p><p> The agency is asking for documents including minutes from Activision board meetings since 2019, personnel files of six former employees and separation agreements the company has reached this year with staffers, records show. The SEC is asking for Mr. Kotick’s communications with other senior executives regarding complaints of sexual harassment or discrimination by Activision employees or contractors, the documents show.</p><p><blockquote>记录显示，该机构要求提供包括2019年以来动视董事会会议纪要、六名前员工的人事档案以及该公司今年与员工达成的离职协议在内的文件。文件显示，美国证券交易委员会要求科蒂克先生就动视员工或承包商的性骚扰或歧视投诉与其他高管进行沟通。</blockquote></p><p> An Activision spokeswoman, Helaine Klasky, on Monday confirmed that the SEC’s investigation concerns “the company’s disclosures regarding employment matters and related issues,” adding that the agency has subpoenaed several current and former employees. “The company is cooperating with the SEC,” the spokeswoman said.</p><p><blockquote>动视公司发言人海莱恩-克拉斯基（Helaine Klasky）周一证实，美国证券交易委员会的调查涉及 “公司在雇佣事项及相关问题上的披露”，并补充说该机构已传唤了几名现任和前任员工。“该发言人说：”公司正在与美国证券交易委员会合作。</blockquote></p><p> An SEC spokeswoman declined to comment.</p><p><blockquote>美国证券交易委员会发言人拒绝置评。</blockquote></p><p> The probe by the SEC significantly ratchets up the regulatory pressure on Activision, the largest U.S. videogame publisher by market capitalization. The SEC is requesting information to discern whether Activision and its executives properly disclosed allegations of workplace harassment and gender-pay issues, and whether any of that information should have been shared earlier with investors and other parties, according to the documents and people familiar with the investigation.</p><p><blockquote>美国证券交易委员会的调查大大增加了美国市值最大的视频游戏发行商动视暴雪的监管压力。据文件和知情人士透露，美国证券交易委员会正在要求提供信息，以辨别动视及其高管是否适当披露了有关工作场所骚扰和性别薪酬问题的指控，以及这些信息是否应该更早地与投资者和其他各方分享。调查。</blockquote></p><p> The California Department of Fair Employment and Housing&nbsp;sued Activision in late July,alleging the company paid women less than their male counterparts and provided them with fewer opportunities to advance. The agency also alleged that Activision ignored complaints by female employees of sexual harassment, discrimination and retaliation and maintained a “frat-boy” culture, primarily at its Blizzard Entertainment unit.</p><p><blockquote>加州公平就业和住房部于 7 月下旬起诉动视暴雪， 称该公司支付给女性的工资低于男性同行， 并且为她们提供的晋升机会更少。该机构还称，动视暴雪无视女员工对性骚扰、歧视和报复的投诉，并维持了一种 “兄弟会 ”文化，主要是在其暴雪娱乐部门。</blockquote></p><p> Activision has said it would fight the charges from the California agency. It initially slammed the lawsuit, saying it included distorted, and in many cases false, descriptions of its past. Employees&nbsp;responded by planning walkouts, and Mr. Kotick said that Activision’s initial response was “tone deaf” and that the company had hired a law firm to investigate the complaints.</p><p><blockquote>动视暴雪表示将对抗加州机构的指控。它最初抨击了这起诉讼，称其对其过去的描述被歪曲，在许多情况下是虚假的。科蒂克先生说，动视公司最初的反应是 “语无伦次”，公司已经聘请了一家律师事务所来调查这些投诉。</blockquote></p><p> Separately, the Equal Employment Opportunity Commission has been examining allegations of gender-based harassment at Activision since at least May 2020, according to people familiar with the investigation and documents viewed by the Journal.</p><p><blockquote>另外，据熟悉调查的人士和《华尔街日报》查看的文件称，平等就业机会委员会至少自 2020 年 5 月以来一直在调查动视暴雪基于性别的骚扰指控。</blockquote></p><p> The company is in settlement talks with the agency and could pay millions of dollars to resolve the matter, according to those people. It’s unclear if the federal agency will publicly release the details of its findings.</p><p><blockquote>据这些人士称，该公司正在与该机构进行和解谈判，可能会支付数百万美元来解决问题。目前还不清楚联邦机构是否会公开公布调查结果的细节。</blockquote></p><p> An EEOC spokesman declined to comment.</p><p><blockquote>EEOC发言人拒绝置评。</blockquote></p><p> Ms. Klasky of Activision said in a statement that Activision is deeply committed to making the company one of the best, most inclusive places to work.</p><p><blockquote>动视暴雪的克拉斯基女士在一份声明中表示，动视暴雪坚定地致力于让公司成为最好、最具包容性的工作场所之一。</blockquote></p><p> “We have made and are making a number of important changes to improve our policies and procedures to ensure that there is no place anywhere in our company for discrimination, harassment or unequal treatment of any kind,” the statement said.</p><p><blockquote>“声明说：”我们已经并正在进行一系列重要变革，以改进我们的政策和程序，以确保我们公司的任何地方都没有歧视、骚扰或任何形式的不平等待遇的容身之地。</blockquote></p><p> Activision has sought to stabilize its business since the filing of the California lawsuit. The company also is facing lawsuits from some of its investors. Its shares are down about 17% since the suit was made public, closing 4% lower Monday after the Journal reported on the SEC’s investigation and amid a broader decline in tech stocks.</p><p><blockquote>自加州提起诉讼以来，动视一直在寻求稳定其业务。该公司还面临一些投资者的诉讼。自诉讼公开以来，该公司股价已下跌约 17%，周一收盘下跌 4%，此前《华尔街日报》报道了美国证券交易委员会的调查，科技股普遍下跌。</blockquote></p><p> Earlier this month, the Communications Workers of America filed with the National Labor Relations Board against Activision, alleging worker intimidation. The charges include allegations that company management used coercive tactics to prevent its employees from exercising their rights to organize under federal law.</p><p><blockquote>本月早些时候，美国通信工人向国家劳工关系委员会提起诉讼，指控动视恐吓工人。指控包括指控公司管理层使用胁迫策略阻止员工行使联邦法律规定的组织权利。</blockquote></p><p> In a statement Monday, Ms. Klasky said the company has “made great efforts to respect the rights of all employees under the NLRB.”</p><p><blockquote>克拉斯基女士在周一的一份声明中说，公司 “为尊重 NLRB 规定的所有员工的权利做出了巨大努力”。</blockquote></p><p></p><p> The same day that the union filed charges, Activision said it hired two senior executives to help it build a more inclusive workplace and grow its revenue. Julie Hodges, a&nbsp;Walt Disney&nbsp;Co.&nbsp;executive, was named chief people officer and Sandeep Dube, a&nbsp;Delta Air Lines&nbsp;Inc.&nbsp;executive, was named chief commercial officer. Ms. Hodges, who had oversight of compensation, benefits and talent acquisition at Disney, is filling the role of human resources chief being vacated by Claudine Naughton.</p><p><blockquote>在工会提出指控的同一天，动视表示聘请了两名高级管理人员，以帮助其建立一个更具包容性的工作场所并增加收入。华特迪士尼公司高管朱莉·霍奇斯被任命为首席人力官，达美航空公司高管桑迪普·杜贝被任命为首席商务官。霍奇斯女士曾负责迪士尼的薪酬、福利和人才招聘，她将填补克劳迪娜·诺顿空出的人力资源主管一职。</blockquote></p><p> Activision, which is based in Santa Monica, Calif., had roughly 10,000 employees at the end of last year and posted $8 billion in revenue. Its console, computer and mobile games collectively boast nearly 400 million monthly players across 190 countries.</p><p><blockquote>总部位于加利福尼亚州圣莫尼卡的动视暴雪去年年底拥有大约 10,000 名员工，收入为 80 亿美元。其游戏机、电脑和手机游戏在190个国家拥有近4亿月玩家。</blockquote></p><p> While the videogame industry has long been known for its male-dominated workplaces and culture, scrutiny from public authorities over the treatment of female employees has increased in recent years.</p><p><blockquote>虽然视频游戏行业长期以来以其男性主导的工作场所和文化而闻名，但近年来，公共当局对女性员工待遇的审查有所增加。</blockquote></p><p> The California regulator last month, in an amended complaint, accused Activison of withholding information from internal probes of discrimination and harassment complaints as well as gender pay equity. It also said the company had sought to curtail employees’ rights through “repressive, if not punitive” secret settlements.</p><p><blockquote>加州监管机构上个月在一份修订后的投诉中指控动视隐瞒了有关歧视和骚扰投诉以及性别薪酬平等的内部调查信息。公司还表示，公司曾试图通过 “压制性的，如果不是惩罚性的 ”秘密和解来限制员工的权利。</blockquote></p><p> An Activision spokeswoman didn’t immediately respond to a request for comment on the amended complaint.</p><p><blockquote>动视公司发言人没有立即回应就修改后的投诉置评请求。</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>SEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures<blockquote>美国证券交易委员会正在调查动视暴雪的工作场所行为和披露</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\">\nSEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures<blockquote>美国证券交易委员会正在调查动视暴雪的工作场所行为和披露</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-21 07:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Videogame company also in talks to settle probe by Equal Employment Opportunity Commission</p><p><blockquote>视频游戏公司也在谈判解决平等就业机会委员会的调查</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/323cf44261f528e4a2956db2f7da8274\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Activision Blizzard’s offices in Irvine, Calif. The company is known for its Call of Duty, World of Warcraft and Candy Crush franchises.</span></p><p><blockquote><p class=\"t-img-caption\"><span>动视暴雪位于加利福尼亚州尔湾的办公室。该公司以其《看涨期权》、《魔兽世界》和《糖果粉碎》系列而闻名。</span></p></blockquote></p><p> Federal securities regulators have launched a wide-ranging investigation into&nbsp;Activision Blizzard&nbsp;Inc.,&nbsp;including how the videogame-publishing giant handled employees’ allegations of sexual misconduct and workplace discrimination, according to people familiar with the investigation and documents viewed by The Wall Street Journal.</p><p><blockquote>据熟悉调查的人士和《华尔街日报》查看的文件称，联邦证券监管机构已对动视暴雪公司展开了广泛调查，包括这家视频游戏出版巨头如何处理员工的性行为不端和工作场所歧视指控。</blockquote></p><p> The Securities and Exchange Commission has subpoenaed Activision, known for its Call of Duty, World of Warcraft and Candy Crush franchises, and several of its senior executives, including longtime Chief Executive Bobby Kotick, according to the people and documents.</p><p><blockquote>据《人物》和《文件》报道，美国证券交易委员会已传唤动视暴雪及其几名高级管理人员，其中包括长期担任首席执行官的鲍比·科蒂克。</blockquote></p><p> The agency is asking for documents including minutes from Activision board meetings since 2019, personnel files of six former employees and separation agreements the company has reached this year with staffers, records show. The SEC is asking for Mr. Kotick’s communications with other senior executives regarding complaints of sexual harassment or discrimination by Activision employees or contractors, the documents show.</p><p><blockquote>记录显示，该机构要求提供包括2019年以来动视董事会会议纪要、六名前员工的人事档案以及该公司今年与员工达成的离职协议在内的文件。文件显示，美国证券交易委员会要求科蒂克先生就动视员工或承包商的性骚扰或歧视投诉与其他高管进行沟通。</blockquote></p><p> An Activision spokeswoman, Helaine Klasky, on Monday confirmed that the SEC’s investigation concerns “the company’s disclosures regarding employment matters and related issues,” adding that the agency has subpoenaed several current and former employees. “The company is cooperating with the SEC,” the spokeswoman said.</p><p><blockquote>动视公司发言人海莱恩-克拉斯基（Helaine Klasky）周一证实，美国证券交易委员会的调查涉及 “公司在雇佣事项及相关问题上的披露”，并补充说该机构已传唤了几名现任和前任员工。“该发言人说：”公司正在与美国证券交易委员会合作。</blockquote></p><p> An SEC spokeswoman declined to comment.</p><p><blockquote>美国证券交易委员会发言人拒绝置评。</blockquote></p><p> The probe by the SEC significantly ratchets up the regulatory pressure on Activision, the largest U.S. videogame publisher by market capitalization. The SEC is requesting information to discern whether Activision and its executives properly disclosed allegations of workplace harassment and gender-pay issues, and whether any of that information should have been shared earlier with investors and other parties, according to the documents and people familiar with the investigation.</p><p><blockquote>美国证券交易委员会的调查大大增加了美国市值最大的视频游戏发行商动视暴雪的监管压力。据文件和知情人士透露，美国证券交易委员会正在要求提供信息，以辨别动视及其高管是否适当披露了有关工作场所骚扰和性别薪酬问题的指控，以及这些信息是否应该更早地与投资者和其他各方分享。调查。</blockquote></p><p> The California Department of Fair Employment and Housing&nbsp;sued Activision in late July,alleging the company paid women less than their male counterparts and provided them with fewer opportunities to advance. The agency also alleged that Activision ignored complaints by female employees of sexual harassment, discrimination and retaliation and maintained a “frat-boy” culture, primarily at its Blizzard Entertainment unit.</p><p><blockquote>加州公平就业和住房部于 7 月下旬起诉动视暴雪， 称该公司支付给女性的工资低于男性同行， 并且为她们提供的晋升机会更少。该机构还称，动视暴雪无视女员工对性骚扰、歧视和报复的投诉，并维持了一种 “兄弟会 ”文化，主要是在其暴雪娱乐部门。</blockquote></p><p> Activision has said it would fight the charges from the California agency. It initially slammed the lawsuit, saying it included distorted, and in many cases false, descriptions of its past. Employees&nbsp;responded by planning walkouts, and Mr. Kotick said that Activision’s initial response was “tone deaf” and that the company had hired a law firm to investigate the complaints.</p><p><blockquote>动视暴雪表示将对抗加州机构的指控。它最初抨击了这起诉讼，称其对其过去的描述被歪曲，在许多情况下是虚假的。科蒂克先生说，动视公司最初的反应是 “语无伦次”，公司已经聘请了一家律师事务所来调查这些投诉。</blockquote></p><p> Separately, the Equal Employment Opportunity Commission has been examining allegations of gender-based harassment at Activision since at least May 2020, according to people familiar with the investigation and documents viewed by the Journal.</p><p><blockquote>另外，据熟悉调查的人士和《华尔街日报》查看的文件称，平等就业机会委员会至少自 2020 年 5 月以来一直在调查动视暴雪基于性别的骚扰指控。</blockquote></p><p> The company is in settlement talks with the agency and could pay millions of dollars to resolve the matter, according to those people. It’s unclear if the federal agency will publicly release the details of its findings.</p><p><blockquote>据这些人士称，该公司正在与该机构进行和解谈判，可能会支付数百万美元来解决问题。目前还不清楚联邦机构是否会公开公布调查结果的细节。</blockquote></p><p> An EEOC spokesman declined to comment.</p><p><blockquote>EEOC发言人拒绝置评。</blockquote></p><p> Ms. Klasky of Activision said in a statement that Activision is deeply committed to making the company one of the best, most inclusive places to work.</p><p><blockquote>动视暴雪的克拉斯基女士在一份声明中表示，动视暴雪坚定地致力于让公司成为最好、最具包容性的工作场所之一。</blockquote></p><p> “We have made and are making a number of important changes to improve our policies and procedures to ensure that there is no place anywhere in our company for discrimination, harassment or unequal treatment of any kind,” the statement said.</p><p><blockquote>“声明说：”我们已经并正在进行一系列重要变革，以改进我们的政策和程序，以确保我们公司的任何地方都没有歧视、骚扰或任何形式的不平等待遇的容身之地。</blockquote></p><p> Activision has sought to stabilize its business since the filing of the California lawsuit. The company also is facing lawsuits from some of its investors. Its shares are down about 17% since the suit was made public, closing 4% lower Monday after the Journal reported on the SEC’s investigation and amid a broader decline in tech stocks.</p><p><blockquote>自加州提起诉讼以来，动视一直在寻求稳定其业务。该公司还面临一些投资者的诉讼。自诉讼公开以来，该公司股价已下跌约 17%，周一收盘下跌 4%，此前《华尔街日报》报道了美国证券交易委员会的调查，科技股普遍下跌。</blockquote></p><p> Earlier this month, the Communications Workers of America filed with the National Labor Relations Board against Activision, alleging worker intimidation. The charges include allegations that company management used coercive tactics to prevent its employees from exercising their rights to organize under federal law.</p><p><blockquote>本月早些时候，美国通信工人向国家劳工关系委员会提起诉讼，指控动视恐吓工人。指控包括指控公司管理层使用胁迫策略阻止员工行使联邦法律规定的组织权利。</blockquote></p><p> In a statement Monday, Ms. Klasky said the company has “made great efforts to respect the rights of all employees under the NLRB.”</p><p><blockquote>克拉斯基女士在周一的一份声明中说，公司 “为尊重 NLRB 规定的所有员工的权利做出了巨大努力”。</blockquote></p><p></p><p> The same day that the union filed charges, Activision said it hired two senior executives to help it build a more inclusive workplace and grow its revenue. Julie Hodges, a&nbsp;Walt Disney&nbsp;Co.&nbsp;executive, was named chief people officer and Sandeep Dube, a&nbsp;Delta Air Lines&nbsp;Inc.&nbsp;executive, was named chief commercial officer. Ms. Hodges, who had oversight of compensation, benefits and talent acquisition at Disney, is filling the role of human resources chief being vacated by Claudine Naughton.</p><p><blockquote>在工会提出指控的同一天，动视表示聘请了两名高级管理人员，以帮助其建立一个更具包容性的工作场所并增加收入。华特迪士尼公司高管朱莉·霍奇斯被任命为首席人力官，达美航空公司高管桑迪普·杜贝被任命为首席商务官。霍奇斯女士曾负责迪士尼的薪酬、福利和人才招聘，她将填补克劳迪娜·诺顿空出的人力资源主管一职。</blockquote></p><p> Activision, which is based in Santa Monica, Calif., had roughly 10,000 employees at the end of last year and posted $8 billion in revenue. Its console, computer and mobile games collectively boast nearly 400 million monthly players across 190 countries.</p><p><blockquote>总部位于加利福尼亚州圣莫尼卡的动视暴雪去年年底拥有大约 10,000 名员工，收入为 80 亿美元。其游戏机、电脑和手机游戏在190个国家拥有近4亿月玩家。</blockquote></p><p> While the videogame industry has long been known for its male-dominated workplaces and culture, scrutiny from public authorities over the treatment of female employees has increased in recent years.</p><p><blockquote>虽然视频游戏行业长期以来以其男性主导的工作场所和文化而闻名，但近年来，公共当局对女性员工待遇的审查有所增加。</blockquote></p><p> The California regulator last month, in an amended complaint, accused Activison of withholding information from internal probes of discrimination and harassment complaints as well as gender pay equity. It also said the company had sought to curtail employees’ rights through “repressive, if not punitive” secret settlements.</p><p><blockquote>加州监管机构上个月在一份修订后的投诉中指控动视隐瞒了有关歧视和骚扰投诉以及性别薪酬平等的内部调查信息。公司还表示，公司曾试图通过 “压制性的，如果不是惩罚性的 ”秘密和解来限制员工的权利。</blockquote></p><p> An Activision spokeswoman didn’t immediately respond to a request for comment on the amended complaint.</p><p><blockquote>动视公司发言人没有立即回应就修改后的投诉置评请求。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/sec-is-investigating-activision-blizzard-over-workplace-practices-disclosures-11632165080?mod=hp_lead_pos5\">The Wall Street Journal</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.wsj.com/articles/sec-is-investigating-activision-blizzard-over-workplace-practices-disclosures-11632165080?mod=hp_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129128845","content_text":"Videogame company also in talks to settle probe by Equal Employment Opportunity Commission\nActivision Blizzard’s offices in Irvine, Calif. The company is known for its Call of Duty, World of Warcraft and Candy Crush franchises.\nFederal securities regulators have launched a wide-ranging investigation into Activision Blizzard Inc., including how the videogame-publishing giant handled employees’ allegations of sexual misconduct and workplace discrimination, according to people familiar with the investigation and documents viewed by The Wall Street Journal.\nThe Securities and Exchange Commission has subpoenaed Activision, known for its Call of Duty, World of Warcraft and Candy Crush franchises, and several of its senior executives, including longtime Chief Executive Bobby Kotick, according to the people and documents.\nThe agency is asking for documents including minutes from Activision board meetings since 2019, personnel files of six former employees and separation agreements the company has reached this year with staffers, records show. The SEC is asking for Mr. Kotick’s communications with other senior executives regarding complaints of sexual harassment or discrimination by Activision employees or contractors, the documents show.\nAn Activision spokeswoman, Helaine Klasky, on Monday confirmed that the SEC’s investigation concerns “the company’s disclosures regarding employment matters and related issues,” adding that the agency has subpoenaed several current and former employees. “The company is cooperating with the SEC,” the spokeswoman said.\nAn SEC spokeswoman declined to comment.\nThe probe by the SEC significantly ratchets up the regulatory pressure on Activision, the largest U.S. videogame publisher by market capitalization. The SEC is requesting information to discern whether Activision and its executives properly disclosed allegations of workplace harassment and gender-pay issues, and whether any of that information should have been shared earlier with investors and other parties, according to the documents and people familiar with the investigation.\nThe California Department of Fair Employment and Housing sued Activision in late July,alleging the company paid women less than their male counterparts and provided them with fewer opportunities to advance. The agency also alleged that Activision ignored complaints by female employees of sexual harassment, discrimination and retaliation and maintained a “frat-boy” culture, primarily at its Blizzard Entertainment unit.\nActivision has said it would fight the charges from the California agency. It initially slammed the lawsuit, saying it included distorted, and in many cases false, descriptions of its past. Employees responded by planning walkouts, and Mr. Kotick said that Activision’s initial response was “tone deaf” and that the company had hired a law firm to investigate the complaints.\nSeparately, the Equal Employment Opportunity Commission has been examining allegations of gender-based harassment at Activision since at least May 2020, according to people familiar with the investigation and documents viewed by the Journal.\nThe company is in settlement talks with the agency and could pay millions of dollars to resolve the matter, according to those people. It’s unclear if the federal agency will publicly release the details of its findings.\nAn EEOC spokesman declined to comment.\nMs. Klasky of Activision said in a statement that Activision is deeply committed to making the company one of the best, most inclusive places to work.\n“We have made and are making a number of important changes to improve our policies and procedures to ensure that there is no place anywhere in our company for discrimination, harassment or unequal treatment of any kind,” the statement said.\nActivision has sought to stabilize its business since the filing of the California lawsuit. The company also is facing lawsuits from some of its investors. Its shares are down about 17% since the suit was made public, closing 4% lower Monday after the Journal reported on the SEC’s investigation and amid a broader decline in tech stocks.\nEarlier this month, the Communications Workers of America filed with the National Labor Relations Board against Activision, alleging worker intimidation. The charges include allegations that company management used coercive tactics to prevent its employees from exercising their rights to organize under federal law.\nIn a statement Monday, Ms. Klasky said the company has “made great efforts to respect the rights of all employees under the NLRB.”\nThe same day that the union filed charges, Activision said it hired two senior executives to help it build a more inclusive workplace and grow its revenue. Julie Hodges, a Walt Disney Co. executive, was named chief people officer and Sandeep Dube, a Delta Air Lines Inc. executive, was named chief commercial officer. Ms. Hodges, who had oversight of compensation, benefits and talent acquisition at Disney, is filling the role of human resources chief being vacated by Claudine Naughton.\nActivision, which is based in Santa Monica, Calif., had roughly 10,000 employees at the end of last year and posted $8 billion in revenue. Its console, computer and mobile games collectively boast nearly 400 million monthly players across 190 countries.\nWhile the videogame industry has long been known for its male-dominated workplaces and culture, scrutiny from public authorities over the treatment of female employees has increased in recent years.\nThe California regulator last month, in an amended complaint, accused Activison of withholding information from internal probes of discrimination and harassment complaints as well as gender pay equity. It also said the company had sought to curtail employees’ rights through “repressive, if not punitive” secret settlements.\nAn Activision spokeswoman didn’t immediately respond to a request for comment on the amended complaint.","news_type":1,"symbols_score_info":{"ATVI":0.9}},"isVote":1,"tweetType":1,"viewCount":3488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860546496,"gmtCreate":1632191624515,"gmtModify":1632802163736,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860546496","repostId":"2169681056","repostType":4,"isVote":1,"tweetType":1,"viewCount":2200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860546825,"gmtCreate":1632191608267,"gmtModify":1632802164104,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860546825","repostId":"2169567686","repostType":4,"isVote":1,"tweetType":1,"viewCount":717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860548466,"gmtCreate":1632191584955,"gmtModify":1632802164839,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"time to buy","listText":"time to buy","text":"time to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860548466","repostId":"1102179356","repostType":4,"isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860548214,"gmtCreate":1632191569138,"gmtModify":1632802165085,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860548214","repostId":"2169568408","repostType":4,"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887013331,"gmtCreate":1631942714123,"gmtModify":1632805159969,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887013331","repostId":"884927456","repostType":1,"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885371804,"gmtCreate":1631760110308,"gmtModify":1631885839205,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"hmmm","listText":"hmmm","text":"hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885371804","repostId":"882882149","repostType":1,"repost":{"id":882882149,"gmtCreate":1631674372077,"gmtModify":1782464820717,"author":{"id":"3527667596890271","authorId":"3527667596890271","name":"Buy_Sell","avatar":"https://static.tigerbbs.com/a5f0ed79a338c758a22e0b4ea13bf9d2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667596890271","authorIdStr":"3527667596890271"},"themes":[],"title":"🔥【9月15日】博彩股暴跌，纳指也跌了五天，今天买点啥？","htmlText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 9月15日讯，港股三大指数集体低开，恒指跌0.75%报25310点，国指跌0.75%报9013点，恒生科技指数跌1.19%报6425点。盘面上，澳门就修改博彩法进行公开咨询，濠赌股全线大跌，<a target=\"_blank\" href=\"https://laohu8.com/S/01928\">$金沙中国有限公司(01928)$</a> 大幅低开近15%，<a target=\"_blank\" href=\"https://laohu8.com/S/00027\">$银河娱乐(00027)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01128\">$永利澳门(01128)$</a> 皆大跌超10%；大型科技股延续跌势，<a target=\"_blank\" href=\"https://laohu8.com/S/03690\">$美团-W(03690)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 皆低开逾3%，钢铁、铝等有色金属股齐跌，马钢、鞍钢跌超2%；乳业股、药品股、银行股走强。 濠赌股开盘全线暴跌，<a target=\"_blank\" href=\"https://laohu8.com/S/01928\">$金沙中国有限公司(01928)$</a> 跌近15%，<a target=\"_blank\" href=\"https://laohu8.com/S/01128\">$永利澳门(</a>","listText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 9月15日讯，港股三大指数集体低开，恒指跌0.75%报25310点，国指跌0.75%报9013点，恒生科技指数跌1.19%报6425点。盘面上，澳门就修改博彩法进行公开咨询，濠赌股全线大跌，<a target=\"_blank\" href=\"https://laohu8.com/S/01928\">$金沙中国有限公司(01928)$</a> 大幅低开近15%，<a target=\"_blank\" href=\"https://laohu8.com/S/00027\">$银河娱乐(00027)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01128\">$永利澳门(01128)$</a> 皆大跌超10%；大型科技股延续跌势，<a target=\"_blank\" href=\"https://laohu8.com/S/03690\">$美团-W(03690)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 皆低开逾3%，钢铁、铝等有色金属股齐跌，马钢、鞍钢跌超2%；乳业股、药品股、银行股走强。 濠赌股开盘全线暴跌，<a target=\"_blank\" href=\"https://laohu8.com/S/01928\">$金沙中国有限公司(01928)$</a> 跌近15%，<a target=\"_blank\" href=\"https://laohu8.com/S/01128\">$永利澳门(</a>","text":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 9月15日讯，港股三大指数集体低开，恒指跌0.75%报25310点，国指跌0.75%报9013点，恒生科技指数跌1.19%报6425点。盘面上，澳门就修改博彩法进行公开咨询，濠赌股全线大跌，$金沙中国有限公司(01928)$ 大幅低开近15%，$银河娱乐(00027)$ 、$永利澳门(01128)$ 皆大跌超10%；大型科技股延续跌势，$美团-W(03690)$ 、$腾讯控股(00700)$ 、$京东集团-SW(09618)$ 皆低开逾3%，钢铁、铝等有色金属股齐跌，马钢、鞍钢跌超2%；乳业股、药品股、银行股走强。 濠赌股开盘全线暴跌，$金沙中国有限公司(01928)$ 跌近15%，$永利澳门(","images":[{"img":"https://static.tigerbbs.com/8c224c9889536a14f83eca563ae0bb07","width":"666","height":"284"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/882882149","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882681137,"gmtCreate":1631684677429,"gmtModify":1631885839220,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/882681137","repostId":"2167569486","repostType":4,"isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880139878,"gmtCreate":1631024058694,"gmtModify":1631885839232,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880139878","repostId":"817126062","repostType":1,"repost":{"id":817126062,"gmtCreate":1630921643552,"gmtModify":1783611177724,"author":{"id":"3493247054408315","authorId":"3493247054408315","name":"衍生品圈内淘金人","avatar":"https://static.tigerbbs.com/f410ba1d5e642b32faa3d84b28820597","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3493247054408315","authorIdStr":"3493247054408315"},"themes":[],"title":"非农数据爆冷后，金银能打开上涨空间吗？","htmlText":"本周消息面的波动并不大，需要我们盯紧的市场变数在于两个方面：一个是美联储官员的发言，另一个则是三大央行的利率决议结果。 首先，本周多位美联储官员将亮相发声。 周四 01:00 纽约联储主席威廉姆斯发表讲话 23:05 旧金山联储主席戴利发表讲话 周五 21:00 克利夫兰联储主席梅斯特发表讲话。 此外，周五还会有波士顿联储主席罗森格伦、达拉斯联储主席卡普兰、明尼阿波利斯联储主席卡什卡利参加的美联储线上会议。 市场会重点关注美联储内部对疫情、通胀和就业、货币政策等方面的最新看法。刚刚公布的美国8月非农就业报告不及预期，不少机构认为接下来两份非农报告将成为美联储能否在11月宣布相关决定的关键。交易炒作的焦点将暂时回到通胀，和价格上涨压力将持续多久上面。 第一个发言的，是美联储的3号人物，纽约联储主席威廉姆斯，他是一个鸽派人物，他认为美国经济尚不具备转变货币政策理由。非农数据疲弱恰好支撑他的观点。 而旧金山联储主席戴利近期的表态一直较为闪烁，她在近期表态“美国经济已经站稳了脚跟，是时候严肃考虑降低经济刺激政策了”。 最需要关注的是达拉斯联储主席卡普兰，他也是最早呼吁美联储缩减QE的人，他一直是强硬的鹰派人物，上周他的发言明显偏向鹰派，他表示自己希望看到在9月份的会议上宣布缩减QE，并在10月份或接近10月份的时候启动缩减进程，这周他的发言如果仍然偏鹰，则会对目前上涨的美股股指和黄金白银形成利空压制。 此外，我们还要关注三大央行的利率决议结果 打头阵的是周二登场的澳洲联储，今年8月澳联储曾宣布从8月开始缩减购债规模，但随着本土疫情反扑，市场预期澳洲联储会在9月决议中暂停行动并推至11月会议。 欧洲央行利率决议在周四公布，欧元区CPI 8月同比增长3%，已经创下了2012年以来新高，这个欧央行带来很大的缩债压力，所以，即便欧洲央行本周启动Taper也难言意外。","listText":"本周消息面的波动并不大，需要我们盯紧的市场变数在于两个方面：一个是美联储官员的发言，另一个则是三大央行的利率决议结果。 首先，本周多位美联储官员将亮相发声。 周四 01:00 纽约联储主席威廉姆斯发表讲话 23:05 旧金山联储主席戴利发表讲话 周五 21:00 克利夫兰联储主席梅斯特发表讲话。 此外，周五还会有波士顿联储主席罗森格伦、达拉斯联储主席卡普兰、明尼阿波利斯联储主席卡什卡利参加的美联储线上会议。 市场会重点关注美联储内部对疫情、通胀和就业、货币政策等方面的最新看法。刚刚公布的美国8月非农就业报告不及预期，不少机构认为接下来两份非农报告将成为美联储能否在11月宣布相关决定的关键。交易炒作的焦点将暂时回到通胀，和价格上涨压力将持续多久上面。 第一个发言的，是美联储的3号人物，纽约联储主席威廉姆斯，他是一个鸽派人物，他认为美国经济尚不具备转变货币政策理由。非农数据疲弱恰好支撑他的观点。 而旧金山联储主席戴利近期的表态一直较为闪烁，她在近期表态“美国经济已经站稳了脚跟，是时候严肃考虑降低经济刺激政策了”。 最需要关注的是达拉斯联储主席卡普兰，他也是最早呼吁美联储缩减QE的人，他一直是强硬的鹰派人物，上周他的发言明显偏向鹰派，他表示自己希望看到在9月份的会议上宣布缩减QE，并在10月份或接近10月份的时候启动缩减进程，这周他的发言如果仍然偏鹰，则会对目前上涨的美股股指和黄金白银形成利空压制。 此外，我们还要关注三大央行的利率决议结果 打头阵的是周二登场的澳洲联储，今年8月澳联储曾宣布从8月开始缩减购债规模，但随着本土疫情反扑，市场预期澳洲联储会在9月决议中暂停行动并推至11月会议。 欧洲央行利率决议在周四公布，欧元区CPI 8月同比增长3%，已经创下了2012年以来新高，这个欧央行带来很大的缩债压力，所以，即便欧洲央行本周启动Taper也难言意外。","text":"本周消息面的波动并不大，需要我们盯紧的市场变数在于两个方面：一个是美联储官员的发言，另一个则是三大央行的利率决议结果。 首先，本周多位美联储官员将亮相发声。 周四 01:00 纽约联储主席威廉姆斯发表讲话 23:05 旧金山联储主席戴利发表讲话 周五 21:00 克利夫兰联储主席梅斯特发表讲话。 此外，周五还会有波士顿联储主席罗森格伦、达拉斯联储主席卡普兰、明尼阿波利斯联储主席卡什卡利参加的美联储线上会议。 市场会重点关注美联储内部对疫情、通胀和就业、货币政策等方面的最新看法。刚刚公布的美国8月非农就业报告不及预期，不少机构认为接下来两份非农报告将成为美联储能否在11月宣布相关决定的关键。交易炒作的焦点将暂时回到通胀，和价格上涨压力将持续多久上面。 第一个发言的，是美联储的3号人物，纽约联储主席威廉姆斯，他是一个鸽派人物，他认为美国经济尚不具备转变货币政策理由。非农数据疲弱恰好支撑他的观点。 而旧金山联储主席戴利近期的表态一直较为闪烁，她在近期表态“美国经济已经站稳了脚跟，是时候严肃考虑降低经济刺激政策了”。 最需要关注的是达拉斯联储主席卡普兰，他也是最早呼吁美联储缩减QE的人，他一直是强硬的鹰派人物，上周他的发言明显偏向鹰派，他表示自己希望看到在9月份的会议上宣布缩减QE，并在10月份或接近10月份的时候启动缩减进程，这周他的发言如果仍然偏鹰，则会对目前上涨的美股股指和黄金白银形成利空压制。 此外，我们还要关注三大央行的利率决议结果 打头阵的是周二登场的澳洲联储，今年8月澳联储曾宣布从8月开始缩减购债规模，但随着本土疫情反扑，市场预期澳洲联储会在9月决议中暂停行动并推至11月会议。 欧洲央行利率决议在周四公布，欧元区CPI 8月同比增长3%，已经创下了2012年以来新高，这个欧央行带来很大的缩债压力，所以，即便欧洲央行本周启动Taper也难言意外。","images":[{"img":"https://static.tigerbbs.com/809b3a7c6a219976cc97206127fd61aa","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817126062","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811179509,"gmtCreate":1630303049101,"gmtModify":1704958088894,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"welcome to income fund","listText":"welcome to income fund","text":"welcome to income fund","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811179509","repostId":"1153646467","repostType":4,"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837225538,"gmtCreate":1629895559624,"gmtModify":1631885839260,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571747456397623","authorIdStr":"3571747456397623"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837225538","repostId":"895809029","repostType":1,"repost":{"id":895809029,"gmtCreate":1628731411561,"gmtModify":1631888414974,"author":{"id":"3582939196859465","authorId":"3582939196859465","name":"Mervx","avatar":"https://static.tigerbbs.com/edbac59bf158bb7908e059e061a39ba4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582939196859465","authorIdStr":"3582939196859465"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units","listText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units","text":"$KEPPEL DC REIT(AJBU.SI)$Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units","images":[{"img":"https://static.tigerbbs.com/4f216df8a7316538b0dcd56a1e2865f1","width":"964","height":"2504"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895809029","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":862278025,"gmtCreate":1632885765579,"gmtModify":1632885793329,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"may hit even higher","listText":"may hit even higher","text":"may hit even higher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/862278025","repostId":"2171260603","repostType":4,"isVote":1,"tweetType":1,"viewCount":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866327684,"gmtCreate":1632737850448,"gmtModify":1632798204686,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"gg","listText":"gg","text":"gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866327684","repostId":"1192058689","repostType":4,"repost":{"id":"1192058689","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":1632735827,"share":"https://www.laohunote.com/m/news/1192058689?lang=zh_CN&edition=full","pubTime":"2021-09-27 17:43","market":"us","language":"en","title":"Oil stocks rose in line with oil prices<blockquote>石油股随油价上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192058689","media":"Tiger Newspress","summary":"Oil stocks rose in line with oil prices.The shares of Callon Petroleum,Shell,BP,Occidental Petroleum","content":"<p>Oil&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;line&nbsp;with&nbsp;oil&nbsp;prices.The&nbsp;shares&nbsp;of&nbsp;Callon&nbsp;Petroleum,Shell,BP,Occidental&nbsp;Petroleum,Halliburton,Exxon&nbsp;and&nbsp;Chevron&nbsp;climbed between 1% and 3%&nbsp;in&nbsp;premarket trading.</p><p><blockquote>石油股与油价一致上涨.卡隆石油公司、壳牌公司、英国石油公司、西方石油公司、哈里伯顿公司、埃克森美孚公司和雪佛龙公司的股价在盘前交易中上涨了1%至3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c5ded3bcc923ba3ef5a145237ef383fc\" tg-width=\"401\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.</p><p><blockquote>周一油价连续第五天上涨，布伦特原油达到 2018 年 10 月以来的最高水平，并因供应担忧而升至 80 美元，原因是随着疫情限制的放松，世界部分地区的需求回升。</blockquote></p><p> Brent crude was up $1.15 or 1.5% at $79.24 a barrel by 0900 GMT, having posted three straight weeks of gains. U.S. Oil added $1.07, or 1.5%, to $75.05, near its highest since July, after rising for a fifth straight week last week.</p><p><blockquote>截至格林尼治标准时间 09:00，布伦特原油上涨 1.15 美元或 1.5%，至每桶 79.24 美元，连续三周上涨。美国油价上涨 1.07 美元，涨幅 1.5%，至 75.05 美元，接近 7 月以来的最高水平，上周连续第五周上涨。</blockquote></p><p> Goldman Sachs raised by $10 its forecast for Brent crude at the end of this year to $90 per barrel, as faster fuel demand recovery from the outbreak of the Delta variant of the coronavirus and Hurricane Ida's hit to U.S. production led to tight global supplies.</p><p><blockquote>高盛将今年年底布伦特原油预测上调10美元，至每桶90美元，原因是冠状病毒德尔塔变异毒株爆发和飓风艾达对美国产量的打击导致全球供应紧张，燃料需求加速复苏。</blockquote></p><p> \"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts,\" Goldman said.</p><p><blockquote>“虽然我们长期以来一直持有看涨石油的观点，但当前全球供需赤字比我们预期的要大，全球需求从三角洲影响中恢复的速度甚至比我们高于共识的预测还要快，而且全球供应仍低于我们低于共识的预测，”高盛表示。</blockquote></p><p> Caught short by the demand rebound, members of the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, have had difficulty raising output as under-investment or maintenance delays persist from the pandemic.</p><p><blockquote>由于需求反弹，石油输出国组织及其盟友（欧佩克+）的成员国及其盟友在提高产量方面遇到了困难，因为疫情导致投资不足或维护延误持续存在。</blockquote></p><p> \"Price support came courtesy of U.S. supply tightness as disruptions in the Gulf of Mexico spurred inventory draws,\" said Stephen Brennock of oil broker PVM.</p><p><blockquote>石油经纪商 PVM 的斯蒂芬·布伦诺克 (Stephen Brennock) 表示：“由于墨西哥湾的中断刺激了库存减少，美国供应紧张为价格提供了支撑。”</blockquote></p><p> The European crude benchmark was also buoyed by gains across the broader energy complex, he added.</p><p><blockquote>他补充说，欧洲原油基准也受到更广泛能源综合体上涨的提振。</blockquote></p><p> \"Surging natural gas prices fuelled rumours that it could boost demand for alternative fuels, including oil.\"</p><p><blockquote>“天然气价格飙升引发了有关天然气可能会提振对包括石油在内的替代燃料需求的传言。”</blockquote></p><p> India's oil imports hit a three-month peak in August, rebounding from nearly one-year lows touched in July, as refiners in the second-biggest importer of crude stocked up in anticipation of higher demand.</p><p><blockquote>印度石油进口量在 8 月份触及三个月高点，从 7 月份触及的近一年低点反弹，原因是印度第二大原油进口国的炼油厂因预期需求增加而囤积库存。</blockquote></p><p> Meanwhile China's first public sale of state oil reserves has barely acted to cap gains as PetroChina and Hengli Petrochemical bought four cargoes totalling about 4.43 million barrels.</p><p><blockquote>与此同时，中国首次公开出售国有石油储备几乎没有起到限制涨幅的作用，中石油和恒力石化购买了四批货物，总计约443万桶。</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>Oil stocks rose in line with oil prices<blockquote>石油股随油价上涨</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil stocks rose in line with oil prices<blockquote>石油股随油价上涨</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\">2021-09-27 17:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Oil&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;line&nbsp;with&nbsp;oil&nbsp;prices.The&nbsp;shares&nbsp;of&nbsp;Callon&nbsp;Petroleum,Shell,BP,Occidental&nbsp;Petroleum,Halliburton,Exxon&nbsp;and&nbsp;Chevron&nbsp;climbed between 1% and 3%&nbsp;in&nbsp;premarket trading.</p><p><blockquote>石油股与油价一致上涨.卡隆石油公司、壳牌公司、英国石油公司、西方石油公司、哈里伯顿公司、埃克森美孚公司和雪佛龙公司的股价在盘前交易中上涨了1%至3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c5ded3bcc923ba3ef5a145237ef383fc\" tg-width=\"401\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.</p><p><blockquote>周一油价连续第五天上涨，布伦特原油达到 2018 年 10 月以来的最高水平，并因供应担忧而升至 80 美元，原因是随着疫情限制的放松，世界部分地区的需求回升。</blockquote></p><p> Brent crude was up $1.15 or 1.5% at $79.24 a barrel by 0900 GMT, having posted three straight weeks of gains. U.S. Oil added $1.07, or 1.5%, to $75.05, near its highest since July, after rising for a fifth straight week last week.</p><p><blockquote>截至格林尼治标准时间 09:00，布伦特原油上涨 1.15 美元或 1.5%，至每桶 79.24 美元，连续三周上涨。美国油价上涨 1.07 美元，涨幅 1.5%，至 75.05 美元，接近 7 月以来的最高水平，上周连续第五周上涨。</blockquote></p><p> Goldman Sachs raised by $10 its forecast for Brent crude at the end of this year to $90 per barrel, as faster fuel demand recovery from the outbreak of the Delta variant of the coronavirus and Hurricane Ida's hit to U.S. production led to tight global supplies.</p><p><blockquote>高盛将今年年底布伦特原油预测上调10美元，至每桶90美元，原因是冠状病毒德尔塔变异毒株爆发和飓风艾达对美国产量的打击导致全球供应紧张，燃料需求加速复苏。</blockquote></p><p> \"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts,\" Goldman said.</p><p><blockquote>“虽然我们长期以来一直持有看涨石油的观点，但当前全球供需赤字比我们预期的要大，全球需求从三角洲影响中恢复的速度甚至比我们高于共识的预测还要快，而且全球供应仍低于我们低于共识的预测，”高盛表示。</blockquote></p><p> Caught short by the demand rebound, members of the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, have had difficulty raising output as under-investment or maintenance delays persist from the pandemic.</p><p><blockquote>由于需求反弹，石油输出国组织及其盟友（欧佩克+）的成员国及其盟友在提高产量方面遇到了困难，因为疫情导致投资不足或维护延误持续存在。</blockquote></p><p> \"Price support came courtesy of U.S. supply tightness as disruptions in the Gulf of Mexico spurred inventory draws,\" said Stephen Brennock of oil broker PVM.</p><p><blockquote>石油经纪商 PVM 的斯蒂芬·布伦诺克 (Stephen Brennock) 表示：“由于墨西哥湾的中断刺激了库存减少，美国供应紧张为价格提供了支撑。”</blockquote></p><p> The European crude benchmark was also buoyed by gains across the broader energy complex, he added.</p><p><blockquote>他补充说，欧洲原油基准也受到更广泛能源综合体上涨的提振。</blockquote></p><p> \"Surging natural gas prices fuelled rumours that it could boost demand for alternative fuels, including oil.\"</p><p><blockquote>“天然气价格飙升引发了有关天然气可能会提振对包括石油在内的替代燃料需求的传言。”</blockquote></p><p> India's oil imports hit a three-month peak in August, rebounding from nearly one-year lows touched in July, as refiners in the second-biggest importer of crude stocked up in anticipation of higher demand.</p><p><blockquote>印度石油进口量在 8 月份触及三个月高点，从 7 月份触及的近一年低点反弹，原因是印度第二大原油进口国的炼油厂因预期需求增加而囤积库存。</blockquote></p><p> Meanwhile China's first public sale of state oil reserves has barely acted to cap gains as PetroChina and Hengli Petrochemical bought four cargoes totalling about 4.43 million barrels.</p><p><blockquote>与此同时，中国首次公开出售国有石油储备几乎没有起到限制涨幅的作用，中石油和恒力石化购买了四批货物，总计约443万桶。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SLB":"斯伦贝谢","RDS.A":"荷兰皇家壳牌石油A类股","OXY":"西方石油","HAL":"哈里伯顿","CPE":"卡隆石油","BP":"英国石油","XOM":"埃克森美孚","CVX":"雪佛龙","COP":"康菲石油"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192058689","content_text":"Oil stocks rose in line with oil prices.The shares of Callon Petroleum,Shell,BP,Occidental Petroleum,Halliburton,Exxon and Chevron climbed between 1% and 3% in premarket trading.\n\nOil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.\nBrent crude was up $1.15 or 1.5% at $79.24 a barrel by 0900 GMT, having posted three straight weeks of gains. U.S. Oil added $1.07, or 1.5%, to $75.05, near its highest since July, after rising for a fifth straight week last week.\nGoldman Sachs raised by $10 its forecast for Brent crude at the end of this year to $90 per barrel, as faster fuel demand recovery from the outbreak of the Delta variant of the coronavirus and Hurricane Ida's hit to U.S. production led to tight global supplies.\n\"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts,\" Goldman said.\nCaught short by the demand rebound, members of the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, have had difficulty raising output as under-investment or maintenance delays persist from the pandemic.\n\"Price support came courtesy of U.S. supply tightness as disruptions in the Gulf of Mexico spurred inventory draws,\" said Stephen Brennock of oil broker PVM.\nThe European crude benchmark was also buoyed by gains across the broader energy complex, he added.\n\"Surging natural gas prices fuelled rumours that it could boost demand for alternative fuels, including oil.\"\nIndia's oil imports hit a three-month peak in August, rebounding from nearly one-year lows touched in July, as refiners in the second-biggest importer of crude stocked up in anticipation of higher demand.\nMeanwhile China's first public sale of state oil reserves has barely acted to cap gains as PetroChina and Hengli Petrochemical bought four cargoes totalling about 4.43 million barrels.","news_type":1,"symbols_score_info":{"COP":0.9,"CVX":0.9,"RDS.A":0.9,"CPE":0.9,"HAL":0.9,"XOM":0.9,"CLR":0.9,"OXY":0.9,"BP":0.9,"SLB":0.9}},"isVote":1,"tweetType":1,"viewCount":3182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862279971,"gmtCreate":1632885563105,"gmtModify":1632885570467,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"worrying","listText":"worrying","text":"worrying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862279971","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","kind":"news","pubTimestamp":1632882697,"share":"https://www.laohunote.com/m/news/1198528044?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</li><li>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</li><li>虽然在融化过程中利用融化的机会至关重要，但不要过于自满 “这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从同事那里得到的问题<i>减少垃圾投资。</i>这是一个很好的问题，因为投资者认为<i>“无风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个定义，准确地定义什么是熔化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>“融化是指资产或资产类别的投资业绩持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至、</b></i><i>而不是经济的根本性改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期的顶峰附近，投资者会被潜在的繁荣所吸引。这种繁荣滋生了 “合理化”，即 “这次不同 ”。那么，你如何知道目前的市场是否繁荣呢？通过情绪交易者：”</i><i>这种市场活动表明市场已经回到了'热情'阶段。其特点是：'</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>轻松信贷（太容易，条款宽松）</i></b></li><li><b><i>首次和二次发行的热潮</i></b></li><li><b><i>高风险股票跑赢大盘</i></b></li><li><b><i>拉伸估值</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象一些事情往往比解释它更容易。<b>自 1900 年以来，只有两个之前的市场时期符合融化的条件：1920-1929 年和 1995-2000 年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前较 2020 年 3 月低点的进步进行比较。同样，我们看到价格也出现了非常相似的大幅上涨，同时估值也飙升。正如预期的那样，投资者目前希望未来的盈利能够大幅增长，以证明当前的价格是合理的。然而，付出高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值的衡量标准略有不同。它显示了当前与长期指数增长趋势的偏差。毫不奇怪，在市场期间<i>“融化，”</i>与估值加速相匹配的增长趋势迅速偏离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场问题<i>“融化”</i>不是熔化本身，而是随之而来的东西。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在融化过程中，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度使用杠杆，试图利用价格的快速上涨，而基本面则让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化是关于<i>心理学。</i><b>从历史上看，无论什么催化剂引发了人们对风险的漠视，价格和估值的相应飙升都很容易见证。</b>下图显示了相对强度、偏差和估值的长期偏差。以前的<i>“融化”</i>与目前的进步相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于当前的扩展只与历史上几个罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>流行的心理总是 “这次不一样”。</i></b></li><li><b><i>估值被放弃，以换取势头和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似 “输不起 ”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，也是不可避免的，“融化 ”以最坏的结果告终。</i></b></li></ol>必须认识到市场处于<i>“融化，</i>“事件的持续时间不得而知。因此，投资者需要一个策略来参与预先，并减轻最终的损失<i>“融化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如前所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理的一个功能，它们可能会持续更长时间，比逻辑预测的更远。需要什么 “<i>结束”</i>融化是一种意想不到的外部事件，它会将心理从看涨转变为看跌。这就是退出潮发生的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场发展。但是，当然，困难的部分是当调整不可避免地发生时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我概述了我们采用的流程。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（在市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>抵御市场大幅下跌。（不相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>卖出落后者</b></i><i>和失败者</i>.<i>(如果某种方法在市场融化时不起作用，那么在普遍下跌时很可能也不起作用。最好尽早消除风险）。</i></li><li><i><b>筹集现金</b></i><i>并根据目标权重重新平衡投资组合。（定期重新平衡风险可以在一定程度上减轻隐藏风险。）</i></li></ol><b>注意，里面没写，</b><b><i>“卖掉所有东西，变现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间大幅筹集现金。良好的投资组合管理策略将自动确保<i>“止损”</i>当销售开始时，水平被触发，风险敞口减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然在融化过程中利用融化的机会至关重要，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</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>Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</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\">\nTechnically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-29 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</li><li>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</li><li>虽然在融化过程中利用融化的机会至关重要，但不要过于自满 “这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从同事那里得到的问题<i>减少垃圾投资。</i>这是一个很好的问题，因为投资者认为<i>“无风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个定义，准确地定义什么是熔化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>“融化是指资产或资产类别的投资业绩持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至、</b></i><i>而不是经济的根本性改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期的顶峰附近，投资者会被潜在的繁荣所吸引。这种繁荣滋生了 “合理化”，即 “这次不同 ”。那么，你如何知道目前的市场是否繁荣呢？通过情绪交易者：”</i><i>这种市场活动表明市场已经回到了'热情'阶段。其特点是：'</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>轻松信贷（太容易，条款宽松）</i></b></li><li><b><i>首次和二次发行的热潮</i></b></li><li><b><i>高风险股票跑赢大盘</i></b></li><li><b><i>拉伸估值</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们可以免受下跌的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象一些事情往往比解释它更容易。<b>自 1900 年以来，只有两个之前的市场时期符合融化的条件：1920-1929 年和 1995-2000 年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>一如既往，投资公众相信未来的收益将证明熔化期间价格上涨是合理的。只是从来没有那样的结果。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前较 2020 年 3 月低点的进步进行比较。同样，我们看到价格也出现了非常相似的大幅上涨，同时估值也飙升。正如预期的那样，投资者目前希望未来的盈利能够大幅增长，以证明当前的价格是合理的。然而，付出高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值的衡量标准略有不同。它显示了当前与长期指数增长趋势的偏差。毫不奇怪，在市场期间<i>“融化，”</i>与估值加速相匹配的增长趋势迅速偏离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场问题<i>“融化”</i>不是熔化本身，而是随之而来的东西。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在融化过程中，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度使用杠杆，试图利用价格的快速上涨，而基本面则让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化是关于<i>心理学。</i><b>从历史上看，无论什么催化剂引发了人们对风险的漠视，价格和估值的相应飙升都很容易见证。</b>下图显示了相对强度、偏差和估值的长期偏差。以前的<i>“融化”</i>与目前的进步相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于当前的扩展只与历史上几个罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>流行的心理总是 “这次不一样”。</i></b></li><li><b><i>估值被放弃，以换取势头和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似 “输不起 ”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，也是不可避免的，“融化 ”以最坏的结果告终。</i></b></li></ol>必须认识到市场处于<i>“融化，</i>“事件的持续时间不得而知。因此，投资者需要一个策略来参与预先，并减轻最终的损失<i>“融化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如前所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理的一个功能，它们可能会持续更长时间，比逻辑预测的更远。需要什么 “<i>结束”</i>融化是一种意想不到的外部事件，它会将心理从看涨转变为看跌。这就是退出潮发生的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场发展。但是，当然，困难的部分是当调整不可避免地发生时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我概述了我们采用的流程。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（在市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>抵御市场大幅下跌。（不相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>卖出落后者</b></i><i>和失败者</i>.<i>(如果某种方法在市场融化时不起作用，那么在普遍下跌时很可能也不起作用。最好尽早消除风险）。</i></li><li><i><b>筹集现金</b></i><i>并根据目标权重重新平衡投资组合。（定期重新平衡风险可以在一定程度上减轻隐藏风险。）</i></li></ol><b>注意，里面没写，</b><b><i>“卖掉所有东西，变现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间大幅筹集现金。良好的投资组合管理策略将自动确保<i>“止损”</i>当销售开始时，水平被触发，风险敞口减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然在融化过程中利用融化的机会至关重要，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">seekingalpha</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":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":882681137,"gmtCreate":1631684677429,"gmtModify":1631885839220,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/882681137","repostId":"2167569486","repostType":4,"isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":862093805,"gmtCreate":1632814791307,"gmtModify":1632814791369,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"i watch finish in 1 day","listText":"i watch finish in 1 day","text":"i watch finish in 1 day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862093805","repostId":"1116230896","repostType":4,"repost":{"id":"1116230896","kind":"news","pubTimestamp":1632813313,"share":"https://www.laohunote.com/m/news/1116230896?lang=zh_CN&edition=full","pubTime":"2021-09-28 15:15","market":"us","language":"en","title":"Netflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116230896","media":"Barrons","summary":"Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to","content":"<p>Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to be the most successful series ever launched on the service, Netflix Co-CEO Ted Sarandos said Monday at the 2021 Code Conference in Beverly Hills.</p><p><blockquote>网飞联合首席执行官泰德·萨兰多斯周一在比佛利山庄举行的2021年代码大会上表示，本月早些时候在网飞推出的韩语生存故事《鱿鱼游戏》有望成为该服务上推出的最成功的系列。</blockquote></p><p> In a room full of mask-wearing, vaxed, and freshly Covid-tested attendees at the Beverly Hilton, the Netflix (ticker: NFLX) content chief said the show is already attracting a far larger audience than the French-language crime drama Lupin, which Sarandos noted was the first non-English-language show to become the top program on the site. “Squid Game is bigger,” he says.</p><p><blockquote>在贝弗利希尔顿酒店的一个房间里，挤满了戴着口罩、接种疫苗和刚刚接受新冠病毒检测的与会者，Netflix（股票代码：NFLX）内容主管表示，该节目已经吸引了比法语犯罪剧《鲁邦》多得多的观众，萨兰多斯指出，这是第一个成为该网站顶级节目的非英语节目。“他说：”鱿鱼游戏规模更大。</blockquote></p><p> As part of a broad conversation about the streaming giant with Code Conference host Kara Swisher, Sarandos also said the company doesn’t think about getting acquired, and he denied any interest in buying a theater chain. Sarandos also denied any interest in expanding into streaming music, news programming, or live sports. And he declined to specify when the company will launch its previously announced addition of gaming on the service in the U.S.</p><p><blockquote>在与 Code Conference 主持人卡拉-斯威舍（Kara Swisher）就这家流媒体巨头进行的广泛对话中，萨兰多斯还表示，该公司没有考虑被收购，他否认有任何兴趣收购连锁影院。萨兰多斯还否认有任何兴趣扩展到流媒体音乐、新闻节目或体育直播领域。他拒绝具体说明该公司何时将在美国推出此前宣布的游戏服务。</blockquote></p><p> Sarandos also released some fresh data on the most watched programming on the service, ranked by both the number of accounts who watched a given piece of programming for at least two minutes within the first 28 days of release. Ranked by number of accounts, the top three included Bridgerton Season 1 (82 million accounts), Lupin Part 1 (76 million), and The Witcher Season 1 (76 million.) In terms of viewing hours in the first 28 days of release, the most watched programming has been Bridgerton Season 1 (625 million hours), Money Heist Part 4 (619 million hours), and Stranger Things 3 (582 million hours.)</p><p><blockquote>Sarandos还发布了一些关于该服务上观看次数最多的节目的新数据，根据在发布的前28天内观看给定节目至少两分钟的帐户数量进行排名。按账户数量排名，前三名包括《布里奇顿》第一季（8200万个账户）、《鲁邦》第一部（7600万个）和《巫师》第一季（7600万个）。就上映前28天的观看时长而言，观看次数最多的节目是《布里奇顿》第一季（6.25亿小时）、《金钱大劫案》第四部（6.19亿小时）和《怪奇物语3》（5.82亿小时）。</blockquote></p><p> Asked about competition from other streaming services, Sarandos said that the company has been competing with other content creators from the company’s inception, and that Netflix is even more confident competing with them in streaming.</p><p><blockquote>当被问及来自其他流媒体服务的竞争时，萨兰多斯说，公司从一开始就一直在与其他内容创作者竞争，而 Netflix 对在流媒体领域与他们竞争更加有信心。</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>Netflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</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\">\nNetflix Says ‘Squid Game’ Could Be Its Biggest Show Ever<blockquote>Netflix 称《鱿鱼游戏》可能成为其有史以来最大的剧集</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-28 15:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to be the most successful series ever launched on the service, Netflix Co-CEO Ted Sarandos said Monday at the 2021 Code Conference in Beverly Hills.</p><p><blockquote>网飞联合首席执行官泰德·萨兰多斯周一在比佛利山庄举行的2021年代码大会上表示，本月早些时候在网飞推出的韩语生存故事《鱿鱼游戏》有望成为该服务上推出的最成功的系列。</blockquote></p><p> In a room full of mask-wearing, vaxed, and freshly Covid-tested attendees at the Beverly Hilton, the Netflix (ticker: NFLX) content chief said the show is already attracting a far larger audience than the French-language crime drama Lupin, which Sarandos noted was the first non-English-language show to become the top program on the site. “Squid Game is bigger,” he says.</p><p><blockquote>在贝弗利希尔顿酒店的一个房间里，挤满了戴着口罩、接种疫苗和刚刚接受新冠病毒检测的与会者，Netflix（股票代码：NFLX）内容主管表示，该节目已经吸引了比法语犯罪剧《鲁邦》多得多的观众，萨兰多斯指出，这是第一个成为该网站顶级节目的非英语节目。“他说：”鱿鱼游戏规模更大。</blockquote></p><p> As part of a broad conversation about the streaming giant with Code Conference host Kara Swisher, Sarandos also said the company doesn’t think about getting acquired, and he denied any interest in buying a theater chain. Sarandos also denied any interest in expanding into streaming music, news programming, or live sports. And he declined to specify when the company will launch its previously announced addition of gaming on the service in the U.S.</p><p><blockquote>在与 Code Conference 主持人卡拉-斯威舍（Kara Swisher）就这家流媒体巨头进行的广泛对话中，萨兰多斯还表示，该公司没有考虑被收购，他否认有任何兴趣收购连锁影院。萨兰多斯还否认有任何兴趣扩展到流媒体音乐、新闻节目或体育直播领域。他拒绝具体说明该公司何时将在美国推出此前宣布的游戏服务。</blockquote></p><p> Sarandos also released some fresh data on the most watched programming on the service, ranked by both the number of accounts who watched a given piece of programming for at least two minutes within the first 28 days of release. Ranked by number of accounts, the top three included Bridgerton Season 1 (82 million accounts), Lupin Part 1 (76 million), and The Witcher Season 1 (76 million.) In terms of viewing hours in the first 28 days of release, the most watched programming has been Bridgerton Season 1 (625 million hours), Money Heist Part 4 (619 million hours), and Stranger Things 3 (582 million hours.)</p><p><blockquote>Sarandos还发布了一些关于该服务上观看次数最多的节目的新数据，根据在发布的前28天内观看给定节目至少两分钟的帐户数量进行排名。按账户数量排名，前三名包括《布里奇顿》第一季（8200万个账户）、《鲁邦》第一部（7600万个）和《巫师》第一季（7600万个）。就上映前28天的观看时长而言，观看次数最多的节目是《布里奇顿》第一季（6.25亿小时）、《金钱大劫案》第四部（6.19亿小时）和《怪奇物语3》（5.82亿小时）。</blockquote></p><p> Asked about competition from other streaming services, Sarandos said that the company has been competing with other content creators from the company’s inception, and that Netflix is even more confident competing with them in streaming.</p><p><blockquote>当被问及来自其他流媒体服务的竞争时，萨兰多斯说，公司从一开始就一直在与其他内容创作者竞争，而 Netflix 对在流媒体领域与他们竞争更加有信心。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/netflix-ceo-stock-squid-game-51632781438?mod=hp_LATEST\">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":{"NFLX":"奈飞"},"source_url":"https://www.barrons.com/articles/netflix-ceo-stock-squid-game-51632781438?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116230896","content_text":"Squid Game, a Korean-language survival story launched on Netflix earlier this month, is on target to be the most successful series ever launched on the service, Netflix Co-CEO Ted Sarandos said Monday at the 2021 Code Conference in Beverly Hills.\n\nIn a room full of mask-wearing, vaxed, and freshly Covid-tested attendees at the Beverly Hilton, the Netflix (ticker: NFLX) content chief said the show is already attracting a far larger audience than the French-language crime drama Lupin, which Sarandos noted was the first non-English-language show to become the top program on the site. “Squid Game is bigger,” he says.\nAs part of a broad conversation about the streaming giant with Code Conference host Kara Swisher, Sarandos also said the company doesn’t think about getting acquired, and he denied any interest in buying a theater chain. Sarandos also denied any interest in expanding into streaming music, news programming, or live sports. And he declined to specify when the company will launch its previously announced addition of gaming on the service in the U.S.\nSarandos also released some fresh data on the most watched programming on the service, ranked by both the number of accounts who watched a given piece of programming for at least two minutes within the first 28 days of release. Ranked by number of accounts, the top three included Bridgerton Season 1 (82 million accounts), Lupin Part 1 (76 million), and The Witcher Season 1 (76 million.) In terms of viewing hours in the first 28 days of release, the most watched programming has been Bridgerton Season 1 (625 million hours), Money Heist Part 4 (619 million hours), and Stranger Things 3 (582 million hours.)\nAsked about competition from other streaming services, Sarandos said that the company has been competing with other content creators from the company’s inception, and that Netflix is even more confident competing with them in streaming.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":2480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":837225538,"gmtCreate":1629895559624,"gmtModify":1631885839260,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/837225538","repostId":"895809029","repostType":1,"repost":{"id":895809029,"gmtCreate":1628731411561,"gmtModify":1631888414974,"author":{"id":"3582939196859465","authorId":"3582939196859465","name":"Mervx","avatar":"https://static.tigerbbs.com/edbac59bf158bb7908e059e061a39ba4","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582939196859465","idStr":"3582939196859465"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units","listText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units","text":"$KEPPEL DC REIT(AJBU.SI)$Keppel DC REIT halted for trading. Possibly due to below news this morning...https://www.businesstimes.com.sg/real-estate/keppel-dc-reit-to-raise-around-s200m-through-issue-of-81m-new-units","images":[{"img":"https://static.tigerbbs.com/4f216df8a7316538b0dcd56a1e2865f1","width":"964","height":"2504"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/895809029","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":828212580,"gmtCreate":1633916025107,"gmtModify":1633916517449,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"Price shoot up after Singapore government open up their lanes with different countries. $SINGAPORE<a href=\"https://laohu8.com/S/C6L.SI\">AIRLINES LTD(C6L.SI)$</a>","listText":"Price shoot up after Singapore government open up their lanes with different countries. $SINGAPORE<a href=\"https://laohu8.com/S/C6L.SI\">AIRLINES LTD(C6L.SI)$</a>","text":"Price shoot up after Singapore government open up their lanes with different countries. $SINGAPOREAIRLINES LTD(C6L.SI)$","images":[{"img":"https://static.tigerbbs.com/848fb048e3479c8f41ad2e0399aa4470","width":"1440","height":"4132"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828212580","isVote":1,"tweetType":1,"viewCount":2507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":860546825,"gmtCreate":1632191608267,"gmtModify":1632802164104,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860546825","repostId":"2169567686","repostType":4,"isVote":1,"tweetType":1,"viewCount":717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860548214,"gmtCreate":1632191569138,"gmtModify":1632802165085,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860548214","repostId":"2169568408","repostType":4,"isVote":1,"tweetType":1,"viewCount":517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880139878,"gmtCreate":1631024058694,"gmtModify":1631885839232,"author":{"id":"3571747456397623","authorId":"3571747456397623","name":"Bob316","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571747456397623","idStr":"3571747456397623"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880139878","repostId":"817126062","repostType":1,"repost":{"id":817126062,"gmtCreate":1630921643552,"gmtModify":1783611177724,"author":{"id":"3493247054408315","authorId":"3493247054408315","name":"衍生品圈内淘金人","avatar":"https://static.tigerbbs.com/f410ba1d5e642b32faa3d84b28820597","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3493247054408315","idStr":"3493247054408315"},"themes":[],"title":"非农数据爆冷后，金银能打开上涨空间吗？","htmlText":"本周消息面的波动并不大，需要我们盯紧的市场变数在于两个方面：一个是美联储官员的发言，另一个则是三大央行的利率决议结果。 首先，本周多位美联储官员将亮相发声。 周四 01:00 纽约联储主席威廉姆斯发表讲话 23:05 旧金山联储主席戴利发表讲话 周五 21:00 克利夫兰联储主席梅斯特发表讲话。 此外，周五还会有波士顿联储主席罗森格伦、达拉斯联储主席卡普兰、明尼阿波利斯联储主席卡什卡利参加的美联储线上会议。 市场会重点关注美联储内部对疫情、通胀和就业、货币政策等方面的最新看法。刚刚公布的美国8月非农就业报告不及预期，不少机构认为接下来两份非农报告将成为美联储能否在11月宣布相关决定的关键。交易炒作的焦点将暂时回到通胀，和价格上涨压力将持续多久上面。 第一个发言的，是美联储的3号人物，纽约联储主席威廉姆斯，他是一个鸽派人物，他认为美国经济尚不具备转变货币政策理由。非农数据疲弱恰好支撑他的观点。 而旧金山联储主席戴利近期的表态一直较为闪烁，她在近期表态“美国经济已经站稳了脚跟，是时候严肃考虑降低经济刺激政策了”。 最需要关注的是达拉斯联储主席卡普兰，他也是最早呼吁美联储缩减QE的人，他一直是强硬的鹰派人物，上周他的发言明显偏向鹰派，他表示自己希望看到在9月份的会议上宣布缩减QE，并在10月份或接近10月份的时候启动缩减进程，这周他的发言如果仍然偏鹰，则会对目前上涨的美股股指和黄金白银形成利空压制。 此外，我们还要关注三大央行的利率决议结果 打头阵的是周二登场的澳洲联储，今年8月澳联储曾宣布从8月开始缩减购债规模，但随着本土疫情反扑，市场预期澳洲联储会在9月决议中暂停行动并推至11月会议。 欧洲央行利率决议在周四公布，欧元区CPI 8月同比增长3%，已经创下了2012年以来新高，这个欧央行带来很大的缩债压力，所以，即便欧洲央行本周启动Taper也难言意外。","listText":"本周消息面的波动并不大，需要我们盯紧的市场变数在于两个方面：一个是美联储官员的发言，另一个则是三大央行的利率决议结果。 首先，本周多位美联储官员将亮相发声。 周四 01:00 纽约联储主席威廉姆斯发表讲话 23:05 旧金山联储主席戴利发表讲话 周五 21:00 克利夫兰联储主席梅斯特发表讲话。 此外，周五还会有波士顿联储主席罗森格伦、达拉斯联储主席卡普兰、明尼阿波利斯联储主席卡什卡利参加的美联储线上会议。 市场会重点关注美联储内部对疫情、通胀和就业、货币政策等方面的最新看法。刚刚公布的美国8月非农就业报告不及预期，不少机构认为接下来两份非农报告将成为美联储能否在11月宣布相关决定的关键。交易炒作的焦点将暂时回到通胀，和价格上涨压力将持续多久上面。 第一个发言的，是美联储的3号人物，纽约联储主席威廉姆斯，他是一个鸽派人物，他认为美国经济尚不具备转变货币政策理由。非农数据疲弱恰好支撑他的观点。 而旧金山联储主席戴利近期的表态一直较为闪烁，她在近期表态“美国经济已经站稳了脚跟，是时候严肃考虑降低经济刺激政策了”。 最需要关注的是达拉斯联储主席卡普兰，他也是最早呼吁美联储缩减QE的人，他一直是强硬的鹰派人物，上周他的发言明显偏向鹰派，他表示自己希望看到在9月份的会议上宣布缩减QE，并在10月份或接近10月份的时候启动缩减进程，这周他的发言如果仍然偏鹰，则会对目前上涨的美股股指和黄金白银形成利空压制。 此外，我们还要关注三大央行的利率决议结果 打头阵的是周二登场的澳洲联储，今年8月澳联储曾宣布从8月开始缩减购债规模，但随着本土疫情反扑，市场预期澳洲联储会在9月决议中暂停行动并推至11月会议。 欧洲央行利率决议在周四公布，欧元区CPI 8月同比增长3%，已经创下了2012年以来新高，这个欧央行带来很大的缩债压力，所以，即便欧洲央行本周启动Taper也难言意外。","text":"本周消息面的波动并不大，需要我们盯紧的市场变数在于两个方面：一个是美联储官员的发言，另一个则是三大央行的利率决议结果。 首先，本周多位美联储官员将亮相发声。 周四 01:00 纽约联储主席威廉姆斯发表讲话 23:05 旧金山联储主席戴利发表讲话 周五 21:00 克利夫兰联储主席梅斯特发表讲话。 此外，周五还会有波士顿联储主席罗森格伦、达拉斯联储主席卡普兰、明尼阿波利斯联储主席卡什卡利参加的美联储线上会议。 市场会重点关注美联储内部对疫情、通胀和就业、货币政策等方面的最新看法。刚刚公布的美国8月非农就业报告不及预期，不少机构认为接下来两份非农报告将成为美联储能否在11月宣布相关决定的关键。交易炒作的焦点将暂时回到通胀，和价格上涨压力将持续多久上面。 第一个发言的，是美联储的3号人物，纽约联储主席威廉姆斯，他是一个鸽派人物，他认为美国经济尚不具备转变货币政策理由。非农数据疲弱恰好支撑他的观点。 而旧金山联储主席戴利近期的表态一直较为闪烁，她在近期表态“美国经济已经站稳了脚跟，是时候严肃考虑降低经济刺激政策了”。 最需要关注的是达拉斯联储主席卡普兰，他也是最早呼吁美联储缩减QE的人，他一直是强硬的鹰派人物，上周他的发言明显偏向鹰派，他表示自己希望看到在9月份的会议上宣布缩减QE，并在10月份或接近10月份的时候启动缩减进程，这周他的发言如果仍然偏鹰，则会对目前上涨的美股股指和黄金白银形成利空压制。 此外，我们还要关注三大央行的利率决议结果 打头阵的是周二登场的澳洲联储，今年8月澳联储曾宣布从8月开始缩减购债规模，但随着本土疫情反扑，市场预期澳洲联储会在9月决议中暂停行动并推至11月会议。 欧洲央行利率决议在周四公布，欧元区CPI 8月同比增长3%，已经创下了2012年以来新高，这个欧央行带来很大的缩债压力，所以，即便欧洲央行本周启动Taper也难言意外。","images":[{"img":"https://static.tigerbbs.com/809b3a7c6a219976cc97206127fd61aa","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817126062","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}