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2021-01-06

$Sundial Growers Inc.(SNDL)$来吧我们做个民调，看看有多少个支持者 1个赞就是一份支持 🤜🏽🤛🏽

2021-06-11

Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.

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2021-06-16

Ahhh

Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>

2021-06-10

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2021-03-24

$Castor Maritime, Inc.(CTRM)$go go go

2021-06-10

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U.S. stocks end lower ahead of inflation report<blockquote>美股在通胀报告公布前收低</blockquote>

2021-06-08

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Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&J Covid-19疫苗面临6月过期风险</blockquote>

2021-06-08

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2021-04-16

Wow

Why Coinbase's Upside Could Be Immense, With A Price Target Of $500<blockquote>为什么Coinbase的上涨空间可能巨大，目标价为500美元</blockquote>

2021-01-06

$Sundial Growers Inc.(SNDL)$不管结果如何希望大家切记，留得青山在不怕没柴烧啊

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Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery</b>. Trillions more stimulus &amp; re-opening to boost demand as employee and supply chain costs skyrocket.\"</p><p><blockquote><b>“美国政府正在以其带有MMT色彩的政策引发通胀。强劲的债务/GDP、M2增加，而零售销售、PMI第五阶段复苏</b>.随着员工和供应链成本飙升，数万亿美元的刺激措施和重新开放以提振需求。”</blockquote></p><p> #ParadigmShift</p><p><blockquote>#范式转变</blockquote></p><p> \"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"</p><p><blockquote>“通货膨胀在成熟阶段的生活是一个悖论，它有自己明确无误的特征。一个是巨大的财富，至少是那些受到繁荣青睐的人。许多巨大的财富在一夜之间涌现出来……城市里有一群漫无目的、肆意妄为的年轻人。”</blockquote></p><p> \"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.</p><p><blockquote>“德国物价平稳，商业和股市都很繁荣。马克对美元和其他货币的汇率实际上一度上升，马克在通货膨胀前夕一时成为世界上最坚挺的货币”。</blockquote></p><p> <b>\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"</b></p><p><blockquote><b>“与财富并存的是贫困地区。更多的人留在轻松赚钱的外围，看进去却进不去。犯罪率飙升。”</b></blockquote></p><p> <b>\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"</b></p><p><blockquote><b>“当时的记录表明，普通人的士气逐渐低落，加上他们对无明显目的的极快节奏感到厌倦，他们害怕看到自己岌岌可危的地位下滑，而其他人却变得如此明显地富有。”</b></blockquote></p><p> \"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"</p><p><blockquote>“几乎任何一种企业都能赚钱。企业失败和破产的情况变得很少了。繁荣中止了正常的自然选择过程，否则不必要和无效的东西就会被剔除。”</blockquote></p><p> <b>\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"</b></p><p><blockquote><b>“单是投机，虽然没有增加德国的财富，但却成了德国最大的活动之一。加入快速赚钱的热潮几乎感染了所有阶层……从电梯操作员到现在，每个人都在玩市场。”</b></blockquote></p><p> \"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #<i>robinhooddown</i></p><p><blockquote>“柏林证券交易所的证券交易量变得如此之高，以至于金融业无法跟上文书工作的步伐……交易所不得不每周关闭几天来处理积压的交易。”#<i>罗宾汉</i></blockquote></p><p> \"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single&nbsp; newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"</p><p><blockquote>“1922年夏天世界上存在的所有马克，到1923年11月还不够买一份报纸或一张电车车票。这是崩溃的壮观之处，但货币财富的大部分真正损失在更早的时候就已经遭受了。”</blockquote></p><p> \"Throughout these years the structure was quietly building itself up for the blow.<b>Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"</b></p><p><blockquote>“这些年来，这个结构一直在悄悄地为打击做好准备。<b>德国的#通货膨胀周期不是一年，而是九年，其中八年是酝酿，只有一年是崩溃。”</b></blockquote></p><p> His punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"<b>2010-2021: Gestation</b>\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"</p><p><blockquote>他的笑点：以上是“写于1974年re：1914-1923”，然后做出不祥的推断“<b>2010-2021年：妊娠</b>“当美元可能从天而降时...管理团队变得富有创造力，最终承担更多风险..向投资者支付债务融资股息或投资高风险增长机会无疑击败了节俭心态。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c531b21050b42425510a30125935555e\" tg-width=\"500\" tg-height=\"395\">And, as if reading from the same playbook,<b>Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"</b>and if Jay Powell</p><p><blockquote>而且，就像是在读同一本剧本，<b>保罗·都铎·琼斯昨天警告说，事情“太疯狂了”</b>如果杰伊·鲍威尔</blockquote></p><p>   <i><b>“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"</b></i>  All of which led to Burry's latest tweet warning this morning...</p><p><blockquote><i><b>“对我来说，通货膨胀是暂时的……这种想法并不符合我看待世界的方式。”</b></i>所有这些导致了伯里今天早上的最新推文警告...</blockquote></p><p>   <i><b>\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.</b></i>#FlyingPigs360\"  <img src=\"https://static.tigerbbs.com/afafeb68134e031ca871659bd8dbc595\" tg-width=\"512\" tg-height=\"261\">In other words:<i><b>\"Brace!\"</b></i></p><p><blockquote><i><b>“人们总是问我市场上发生了什么。这很简单。有史以来最大的投机泡沫。两个数量级。</b></i>#FlyingPigs360”换句话说：<i><b>“撑住！”</b></i></blockquote></p><p> So what are you going to do about it?</p><p><blockquote>那你打算怎么办？</blockquote></p><p> Tudor Jones had some simple advice: \"<b>buy commodities, buy crypto, buy gold.\"</b></p><p><blockquote>都铎·琼斯有一些简单的建议：“<b>购买大宗商品、购买加密货币、购买黄金。”</b></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>Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"<blockquote>“大空头”迈克尔·伯里：这是有史以来最大的泡沫，“高出两个数量级”</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\">\nMichael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"<blockquote>“大空头”迈克尔·伯里：这是有史以来最大的泡沫，“高出两个数量级”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 23:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically its<b>hyperinflation, as the blueprint for what comes next</b>in a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that<b>:</b></p><p><blockquote>今年早些时候，“大空头”迈克尔·伯里证实了美国银行最大的担忧，因为他谈到了魏玛德国的主题，特别是其<b>恶性通货膨胀，作为下一步的蓝图</b>在一篇冗长的推特风暴中，大量抄袭了帕森的开创性工作，警告说<b>：</b></blockquote></p><p> <b>\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery</b>. Trillions more stimulus &amp; re-opening to boost demand as employee and supply chain costs skyrocket.\"</p><p><blockquote><b>“美国政府正在以其带有MMT色彩的政策引发通胀。强劲的债务/GDP、M2增加，而零售销售、PMI第五阶段复苏</b>.随着员工和供应链成本飙升，数万亿美元的刺激措施和重新开放以提振需求。”</blockquote></p><p> #ParadigmShift</p><p><blockquote>#范式转变</blockquote></p><p> \"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"</p><p><blockquote>“通货膨胀在成熟阶段的生活是一个悖论，它有自己明确无误的特征。一个是巨大的财富，至少是那些受到繁荣青睐的人。许多巨大的财富在一夜之间涌现出来……城市里有一群漫无目的、肆意妄为的年轻人。”</blockquote></p><p> \"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.</p><p><blockquote>“德国物价平稳，商业和股市都很繁荣。马克对美元和其他货币的汇率实际上一度上升，马克在通货膨胀前夕一时成为世界上最坚挺的货币”。</blockquote></p><p> <b>\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"</b></p><p><blockquote><b>“与财富并存的是贫困地区。更多的人留在轻松赚钱的外围，看进去却进不去。犯罪率飙升。”</b></blockquote></p><p> <b>\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"</b></p><p><blockquote><b>“当时的记录表明，普通人的士气逐渐低落，加上他们对无明显目的的极快节奏感到厌倦，他们害怕看到自己岌岌可危的地位下滑，而其他人却变得如此明显地富有。”</b></blockquote></p><p> \"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"</p><p><blockquote>“几乎任何一种企业都能赚钱。企业失败和破产的情况变得很少了。繁荣中止了正常的自然选择过程，否则不必要和无效的东西就会被剔除。”</blockquote></p><p> <b>\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"</b></p><p><blockquote><b>“单是投机，虽然没有增加德国的财富，但却成了德国最大的活动之一。加入快速赚钱的热潮几乎感染了所有阶层……从电梯操作员到现在，每个人都在玩市场。”</b></blockquote></p><p> \"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #<i>robinhooddown</i></p><p><blockquote>“柏林证券交易所的证券交易量变得如此之高，以至于金融业无法跟上文书工作的步伐……交易所不得不每周关闭几天来处理积压的交易。”#<i>罗宾汉</i></blockquote></p><p> \"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single&nbsp; newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"</p><p><blockquote>“1922年夏天世界上存在的所有马克，到1923年11月还不够买一份报纸或一张电车车票。这是崩溃的壮观之处，但货币财富的大部分真正损失在更早的时候就已经遭受了。”</blockquote></p><p> \"Throughout these years the structure was quietly building itself up for the blow.<b>Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"</b></p><p><blockquote>“这些年来，这个结构一直在悄悄地为打击做好准备。<b>德国的#通货膨胀周期不是一年，而是九年，其中八年是酝酿，只有一年是崩溃。”</b></blockquote></p><p> His punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"<b>2010-2021: Gestation</b>\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"</p><p><blockquote>他的笑点：以上是“写于1974年re：1914-1923”，然后做出不祥的推断“<b>2010-2021年：妊娠</b>“当美元可能从天而降时...管理团队变得富有创造力，最终承担更多风险..向投资者支付债务融资股息或投资高风险增长机会无疑击败了节俭心态。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c531b21050b42425510a30125935555e\" tg-width=\"500\" tg-height=\"395\">And, as if reading from the same playbook,<b>Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"</b>and if Jay Powell</p><p><blockquote>而且，就像是在读同一本剧本，<b>保罗·都铎·琼斯昨天警告说，事情“太疯狂了”</b>如果杰伊·鲍威尔</blockquote></p><p>   <i><b>“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"</b></i>  All of which led to Burry's latest tweet warning this morning...</p><p><blockquote><i><b>“对我来说，通货膨胀是暂时的……这种想法并不符合我看待世界的方式。”</b></i>所有这些导致了伯里今天早上的最新推文警告...</blockquote></p><p>   <i><b>\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.</b></i>#FlyingPigs360\"  <img src=\"https://static.tigerbbs.com/afafeb68134e031ca871659bd8dbc595\" tg-width=\"512\" tg-height=\"261\">In other words:<i><b>\"Brace!\"</b></i></p><p><blockquote><i><b>“人们总是问我市场上发生了什么。这很简单。有史以来最大的投机泡沫。两个数量级。</b></i>#FlyingPigs360”换句话说：<i><b>“撑住！”</b></i></blockquote></p><p> So what are you going to do about it?</p><p><blockquote>那你打算怎么办？</blockquote></p><p> Tudor Jones had some simple advice: \"<b>buy commodities, buy crypto, buy gold.\"</b></p><p><blockquote>都铎·琼斯有一些简单的建议：“<b>购买大宗商品、购买加密货币、购买黄金。”</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147269544","content_text":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically itshyperinflation, as the blueprint for what comes nextin a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that:\n\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.\"\n#ParadigmShift\n\"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"\n\"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.\n\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"\n\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"\n\"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"\n\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"\n\"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #robinhooddown\n\"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single  newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"\n\"Throughout these years the structure was quietly building itself up for the blow.Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"\nHis punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"2010-2021: Gestation\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"\nAnd, as if reading from the same playbook,Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"and if Jay Powell\n\n“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"\n\nAll of which led to Burry's latest tweet warning this morning...\n\n\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.#FlyingPigs360\"\n\nIn other words:\"Brace!\"\nSo what are you going to do about it?\nTudor Jones had some simple advice: \"buy commodities, buy crypto, buy gold.\"","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160699248,"gmtCreate":1623792029684,"gmtModify":1634028264837,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160699248","repostId":"1187337744","repostType":4,"repost":{"id":"1187337744","kind":"news","pubTimestamp":1623770439,"share":"https://www.laohu8.com/m/news/1187337744?lang=zh_CN&edition=full","pubTime":"2021-06-15 23:20","market":"us","language":"en","title":"FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"<blockquote>FOMC前瞻：“就像泰坦尼克号全速行驶。在雾中。在夜晚”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187337744","media":"zerohedge","summary":"Perhaps it's prudent to ease up on the throttle.","content":"<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p><p><blockquote>本周有一个FOMC会议，我们预计周三下午2:00会有一份政策声明。许多评论人士称这次FOMC会议是近年来“最重要的”会议。</blockquote></p><p> <u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p><p><blockquote><u><i><b>大局…美联储移动了球门柱吗？</b></i></u></blockquote></p><p> Let's look at some numbers.</p><p><blockquote>我们来看一些数字。</blockquote></p><p> Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p><p><blockquote>月度通胀：工资增长+.5%，PCE+.7%，PPI+.6%，CPI+.7%-<b>当它们按年计算时，真的很可怕</b>.</blockquote></p><p> GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p><p><blockquote>在下一次报告中，国内生产总值预计为6.4%，失业率预计为5.5%。</blockquote></p><p> With these numbers, U.S. monetary is still \"<b>all in.\"</b></p><p><blockquote>有了这些数字，美国货币仍然“<b>全押。”</b></blockquote></p><p> Overnight rates are at 0% and QE running at $120 billion a month.</p><p><blockquote>隔夜利率为0%，量化宽松每月投入1200亿美元。</blockquote></p><p> <b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p><p><blockquote><b>最重要的是，随着经济继续重新开放，将会有更多刺激措施。</b></blockquote></p><p> In my book, this economic situation calls for attention.</p><p><blockquote>在我的书中，这种经济形势引起了评级的关注。</blockquote></p><p> <u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p><p><blockquote><u><i><b>就像全速行驶的泰坦尼克号。在雾中。在晚上。</b></i></u></blockquote></p><p> Perhaps it's prudent to ease up on the throttle.</p><p><blockquote>也许放松油门是谨慎的做法。</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>FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"<blockquote>FOMC前瞻：“就像泰坦尼克号全速行驶。在雾中。在夜晚”</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\">\nFOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"<blockquote>FOMC前瞻：“就像泰坦尼克号全速行驶。在雾中。在夜晚”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 23:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p><p><blockquote>本周有一个FOMC会议，我们预计周三下午2:00会有一份政策声明。许多评论人士称这次FOMC会议是近年来“最重要的”会议。</blockquote></p><p> <u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p><p><blockquote><u><i><b>大局…美联储移动了球门柱吗？</b></i></u></blockquote></p><p> Let's look at some numbers.</p><p><blockquote>我们来看一些数字。</blockquote></p><p> Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p><p><blockquote>月度通胀：工资增长+.5%，PCE+.7%，PPI+.6%，CPI+.7%-<b>当它们按年计算时，真的很可怕</b>.</blockquote></p><p> GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p><p><blockquote>在下一次报告中，国内生产总值预计为6.4%，失业率预计为5.5%。</blockquote></p><p> With these numbers, U.S. monetary is still \"<b>all in.\"</b></p><p><blockquote>有了这些数字，美国货币仍然“<b>全押。”</b></blockquote></p><p> Overnight rates are at 0% and QE running at $120 billion a month.</p><p><blockquote>隔夜利率为0%，量化宽松每月投入1200亿美元。</blockquote></p><p> <b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p><p><blockquote><b>最重要的是，随着经济继续重新开放，将会有更多刺激措施。</b></blockquote></p><p> In my book, this economic situation calls for attention.</p><p><blockquote>在我的书中，这种经济形势引起了评级的关注。</blockquote></p><p> <u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p><p><blockquote><u><i><b>就像全速行驶的泰坦尼克号。在雾中。在晚上。</b></i></u></blockquote></p><p> Perhaps it's prudent to ease up on the throttle.</p><p><blockquote>也许放松油门是谨慎的做法。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187337744","content_text":"There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … did the Fed move the goal posts?\nLet's look at some numbers.\nMonthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -these are real scary when they're annualized.\nGDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.\nWith these numbers, U.S. monetary is still \"all in.\"\nOvernight rates are at 0% and QE running at $120 billion a month.\nOn top of that, there will be more stimulus as the economy continues to reopen.\nIn my book, this economic situation calls for attention.\nIt's like the Titanic running at full speed. In fog. At night.\nPerhaps it's prudent to ease up on the throttle.","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160699689,"gmtCreate":1623792012341,"gmtModify":1634028264967,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Ahhh","listText":"Ahhh","text":"Ahhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160699689","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://www.laohu8.com/m/news/1191245053?lang=zh_CN&edition=full","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></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>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. 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comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/189560470","repostId":"1145830147","repostType":4,"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189560047,"gmtCreate":1623282048789,"gmtModify":1634035089557,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/189560047","repostId":"1142408805","repostType":4,"repost":{"id":"1142408805","kind":"news","pubTimestamp":1623280126,"share":"https://www.laohu8.com/m/news/1142408805?lang=zh_CN&edition=full","pubTime":"2021-06-10 07:08","market":"us","language":"en","title":"U.S. stocks end lower ahead of inflation report<blockquote>美股在通胀报告公布前收低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142408805","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants a","content":"<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.</p><p><blockquote>纽约（路透社）-华尔街周三收盘走低，市场参与者等待通胀数据，以寻找美联储何时可能收紧鸽派货币政策的线索。</blockquote></p><p> The retail “meme stock” craze continued unabated.</p><p><blockquote>零售“模因股”热潮不减。</blockquote></p><p> All three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.</p><p><blockquote>美国三大股指均扭转稍早涨势，但在缺乏任何明显市场催化剂的情况下仍维持区间震荡。</blockquote></p><p> “There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”</p><p><blockquote>印第安纳州哈蒙德地平线投资服务公司首席执行官查克·卡尔森表示：“新闻方面有一段平静期。”“我们已经过了财报期，人们正在等待明天的通胀数据，因此市场好坏参半，主要股指没有采取太多行动。”</blockquote></p><p> Heavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.</p><p><blockquote>严重做空的meme股票延续了社交媒体推动的涨势，Aethlon Medical飙升388.2%。</blockquote></p><p> Reddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.</p><p><blockquote>Reddit聊天还帮助监狱运营商GEO Group和World Wrestling Entertainment的股价分别上涨38.4%和10.9%。</blockquote></p><p> However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath &amp; Beyond closed lower.</p><p><blockquote>然而，Clover Health、AMC院线和Bed Bath&amp;Beyond等其他模因股票收盘走低。</blockquote></p><p> Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.</p><p><blockquote>Vanda Research的数据显示，随着社交媒体论坛争先恐后地寻找下一个游戏驿站公司，即引发这一现象的股票，零售额已回到一月份的峰值。</blockquote></p><p> “It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”</p><p><blockquote>“这感觉就像另类股票市场，”卡尔森补充道。这是猜测的迹象。如果你在正确的时间进入，你就可以成功，但随着时间的推移，很难成功地发挥作用。”</blockquote></p><p> “I don’t think you should read too much regarding the broader market.”</p><p><blockquote>“我认为你不应该阅读太多关于大盘的信息。”</blockquote></p><p> GameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.</p><p><blockquote>游戏驿站在发布财报之前任命马特·弗隆为新任首席执行官，财报显示季度亏损为每股1.01美元。其股价在盘后交易中下跌超过4%。</blockquote></p><p> U.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.</p><p><blockquote>在与参议员雪莱·卡皮托的一对一会谈破裂后，美国总统乔·拜登在正在进行的谈判中改变了路线，以就基础设施支出达成两党协议。</blockquote></p><p> Industrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.</p><p><blockquote>将从基础设施交易中受益的工业股下跌1%。</blockquote></p><p> Washington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.</p><p><blockquote>华盛顿立法者通过了一项全面的法案，旨在提高美国与中国技术竞争的能力，在持续的芯片供应干旱的情况下为研究和半导体生产提供资金。该法案现已提交众议院。</blockquote></p><p> Even so, the Philadelphia SE Semiconductor index slipped 0.4%.</p><p><blockquote>即便如此，费城SE半导体指数仍下跌0.4%。</blockquote></p><p> The Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.</p><p><blockquote>美国劳工部将于周四发布的消费者价格指数报告将在复苏的供需失衡中提供对通胀的另一种看法，因为投资者将确定通胀压力是否如美联储所称的那样是暂时的。</blockquote></p><p> The Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&amp;P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.</p><p><blockquote>道琼工业指数跌152.68点，或0.44%，报34447.14点；标普500下跌7.71点，或0.18%，报4,219.55点；纳斯达克综合指数下跌13.16点，跌幅0.09%，至13,911.75点。</blockquote></p><p> Among the 11 major sectors in the S&amp;P 500, healthcare gained the most.</p><p><blockquote>标普500 11大板块中，医疗保健涨幅最大。</blockquote></p><p> Benchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.</p><p><blockquote>基准美国国债收益率自5月以来首次跌破1.5%，令对利率敏感的金融股承压。</blockquote></p><p> Campbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.</p><p><blockquote>金宝汤公司未达到季度利润预期，并下调了全年盈利预期，导致其股价下跌6.5%。</blockquote></p><p> Drugmaker Merck &amp; Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.</p><p><blockquote>制药商默克公司股价上涨2.3%，此前该公司宣布，如果该药物获得监管部门批准，美国政府已同意以约12亿美元的价格购买该公司约170万个疗程的实验性COVID-19治疗药物molnupiravir。</blockquote></p><p> Declining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.12比1；在纳斯达克，1.13比1的比率有利于下跌股。</blockquote></p><p> The S&amp;P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.</p><p><blockquote>标普500创下38个52周新高和两个新低；纳斯达克综合指数录得126个新高和14个新低。</blockquote></p><p> Volume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为115.3亿股，而过去20个交易日的平均成交量为107.4亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nU.S. stocks end lower ahead of inflation report<blockquote>美股在通胀报告公布前收低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-06-10 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.</p><p><blockquote>纽约（路透社）-华尔街周三收盘走低，市场参与者等待通胀数据，以寻找美联储何时可能收紧鸽派货币政策的线索。</blockquote></p><p> The retail “meme stock” craze continued unabated.</p><p><blockquote>零售“模因股”热潮不减。</blockquote></p><p> All three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.</p><p><blockquote>美国三大股指均扭转稍早涨势，但在缺乏任何明显市场催化剂的情况下仍维持区间震荡。</blockquote></p><p> “There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”</p><p><blockquote>印第安纳州哈蒙德地平线投资服务公司首席执行官查克·卡尔森表示：“新闻方面有一段平静期。”“我们已经过了财报期，人们正在等待明天的通胀数据，因此市场好坏参半，主要股指没有采取太多行动。”</blockquote></p><p> Heavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.</p><p><blockquote>严重做空的meme股票延续了社交媒体推动的涨势，Aethlon Medical飙升388.2%。</blockquote></p><p> Reddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.</p><p><blockquote>Reddit聊天还帮助监狱运营商GEO Group和World Wrestling Entertainment的股价分别上涨38.4%和10.9%。</blockquote></p><p> However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath &amp; Beyond closed lower.</p><p><blockquote>然而，Clover Health、AMC院线和Bed Bath&amp;Beyond等其他模因股票收盘走低。</blockquote></p><p> Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.</p><p><blockquote>Vanda Research的数据显示，随着社交媒体论坛争先恐后地寻找下一个游戏驿站公司，即引发这一现象的股票，零售额已回到一月份的峰值。</blockquote></p><p> “It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”</p><p><blockquote>“这感觉就像另类股票市场，”卡尔森补充道。这是猜测的迹象。如果你在正确的时间进入，你就可以成功，但随着时间的推移，很难成功地发挥作用。”</blockquote></p><p> “I don’t think you should read too much regarding the broader market.”</p><p><blockquote>“我认为你不应该阅读太多关于大盘的信息。”</blockquote></p><p> GameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.</p><p><blockquote>游戏驿站在发布财报之前任命马特·弗隆为新任首席执行官，财报显示季度亏损为每股1.01美元。其股价在盘后交易中下跌超过4%。</blockquote></p><p> U.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.</p><p><blockquote>在与参议员雪莱·卡皮托的一对一会谈破裂后，美国总统乔·拜登在正在进行的谈判中改变了路线，以就基础设施支出达成两党协议。</blockquote></p><p> Industrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.</p><p><blockquote>将从基础设施交易中受益的工业股下跌1%。</blockquote></p><p> Washington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.</p><p><blockquote>华盛顿立法者通过了一项全面的法案，旨在提高美国与中国技术竞争的能力，在持续的芯片供应干旱的情况下为研究和半导体生产提供资金。该法案现已提交众议院。</blockquote></p><p> Even so, the Philadelphia SE Semiconductor index slipped 0.4%.</p><p><blockquote>即便如此，费城SE半导体指数仍下跌0.4%。</blockquote></p><p> The Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.</p><p><blockquote>美国劳工部将于周四发布的消费者价格指数报告将在复苏的供需失衡中提供对通胀的另一种看法，因为投资者将确定通胀压力是否如美联储所称的那样是暂时的。</blockquote></p><p> The Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&amp;P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.</p><p><blockquote>道琼工业指数跌152.68点，或0.44%，报34447.14点；标普500下跌7.71点，或0.18%，报4,219.55点；纳斯达克综合指数下跌13.16点，跌幅0.09%，至13,911.75点。</blockquote></p><p> Among the 11 major sectors in the S&amp;P 500, healthcare gained the most.</p><p><blockquote>标普500 11大板块中，医疗保健涨幅最大。</blockquote></p><p> Benchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.</p><p><blockquote>基准美国国债收益率自5月以来首次跌破1.5%，令对利率敏感的金融股承压。</blockquote></p><p> Campbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.</p><p><blockquote>金宝汤公司未达到季度利润预期，并下调了全年盈利预期，导致其股价下跌6.5%。</blockquote></p><p> Drugmaker Merck &amp; Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.</p><p><blockquote>制药商默克公司股价上涨2.3%，此前该公司宣布，如果该药物获得监管部门批准，美国政府已同意以约12亿美元的价格购买该公司约170万个疗程的实验性COVID-19治疗药物molnupiravir。</blockquote></p><p> Declining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.12比1；在纳斯达克，1.13比1的比率有利于下跌股。</blockquote></p><p> The S&amp;P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.</p><p><blockquote>标普500创下38个52周新高和两个新低；纳斯达克综合指数录得126个新高和14个新低。</blockquote></p><p> Volume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为115.3亿股，而过去20个交易日的平均成交量为107.4亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG\">reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","AEMD":"Aethlon Medical Inc",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142408805","content_text":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.\nThe retail “meme stock” craze continued unabated.\nAll three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.\n“There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”\nHeavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.\nReddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.\nHowever, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath & Beyond closed lower.\nRetail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.\n“It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”\n“I don’t think you should read too much regarding the broader market.”\nGameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.\nU.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.\nIndustrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.\nWashington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.\nEven so, the Philadelphia SE Semiconductor index slipped 0.4%.\nThe Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.\nThe Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.\nAmong the 11 major sectors in the S&P 500, healthcare gained the most.\nBenchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.\nCampbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.\nDrugmaker Merck & Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.\nDeclining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.\nThe S&P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.\nVolume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"AEMD":0.9}},"isVote":1,"tweetType":1,"viewCount":730,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180596555,"gmtCreate":1623210523977,"gmtModify":1634035758415,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/180596555","repostId":"1147808423","repostType":4,"isVote":1,"tweetType":1,"viewCount":946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117421373,"gmtCreate":1623158356192,"gmtModify":1634036353599,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117421373","repostId":"1195023067","repostType":4,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117429751,"gmtCreate":1623158308973,"gmtModify":1634036354684,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/117429751","repostId":"1135953958","repostType":4,"repost":{"id":"1135953958","kind":"news","pubTimestamp":1623157482,"share":"https://www.laohu8.com/m/news/1135953958?lang=zh_CN&edition=full","pubTime":"2021-06-08 21:04","market":"us","language":"en","title":"Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&amp;J Covid-19疫苗面临6月过期风险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135953958","media":"The Wall Street Journal","summary":"States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.\n\nHospital","content":"<p>  <b>States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.</b>  Hospitals, state health departments and the federal government are racing to decide how to use up millions ofJohnson &amp; Johnson’sJNJ-0.68%Covid-19vaccine doses that are set to expire this month.</p><p><blockquote><b>各州、医院试图改变此类疫苗的路线，而出口疫苗的努力则面临障碍。</b>医院、州卫生部门和联邦政府正在竞相决定如何用完将于本月到期的数百万剂强生公司JNJ-0.68%COVID-19疫苗。</blockquote></p><p> The prospect of so many doses going to waste in the U.S. whendeveloping nations are desperatefor shots would add pressure on the Biden administration to share stockpiled vaccines. But there are few practical solutions to administering them quickly in the U.S. or distributing them in time to foreign countries, according to those involved in the vaccination drive.</p><p><blockquote>当发展中国家迫切需要疫苗时，美国可能会浪费如此多的疫苗，这将增加拜登政府分享库存疫苗的压力。但据参与疫苗接种活动的人士称，几乎没有切实可行的解决方案可以在美国快速注射或及时分发给外国。</blockquote></p><p> The stockpile is, in part, an unintended consequence of the U.S.’s decision in April totemporarily suspend administrationof J&amp;J doses to assess a rare blood-clot risk. The pause forced states and providers tocancel large blocksof appointments that were never rescheduled, leaving a surplus of supply, andin some areas increasing hesitancyover the J&amp;J vaccine’s safety, according to industry officials.</p><p><blockquote>这种库存在一定程度上是美国四月份决定暂时停止使用强生剂量以评估罕见血栓风险的意外后果。据行业官员称，这一暂停迫使各州和供应商取消了大量从未重新安排的预约，导致供应过剩，一些地区对强生疫苗的安全性越来越犹豫。</blockquote></p><p> Some hospitals and states say that vaccines fromPfizerInc.and partnerBioNTech SE,as well asModernaInc.,are due to expire later this summer, but the stockpiles so far are largely of J&amp;J doses. Pfizer’s vaccine expires six months after manufacture. Moderna’s vaccine can remain frozen for up to six months, during which it can be refrigerated for one month.</p><p><blockquote>一些医院和州表示，辉瑞公司和partnerBioNTech SE以及asModernaInc.的疫苗将于今年夏天晚些时候到期，但迄今为止的库存主要是强生疫苗。辉瑞的疫苗在生产后六个月到期。Moderna的疫苗可以冷冻长达六个月，在此期间可以冷藏一个月。</blockquote></p><p> Philadelphia has 42,000 J&amp;J doses set to expire, most of which came from a Federal Emergency Management Agency clinic at the city’s convention center a few days before the pause, a city spokesman said. Pennsylvania, West Virginia, Oklahoma and Arkansas are among states that report having thousands of J&amp;J doses set to expire this month and have been unable to redistribute them.</p><p><blockquote>费城发言人表示，费城有42,000剂强生疫苗即将过期，其中大部分来自暂停前几天位于该市会议中心的联邦紧急事务管理局诊所。宾夕法尼亚州、西弗吉尼亚州、俄克拉荷马州和阿肯色州等州报告称，数千剂强生疫苗将于本月到期，但无法重新分配。</blockquote></p><p> “There’s no way at the end of June that we’re not going to have a couple thousand expiring,” said Danielle Hilborn, who helps oversee Covid-19 vaccines for McLaren Health Care Corp. The hospital system based outside Flint, Mich., has more than 3,500 J&amp;J doses set to expire this month, despite having moved doses among its hospitals and shipped 1,100 to a county health department.</p><p><blockquote>迈凯伦医疗保健公司(McLaren Health Care Corp.)帮助监督Covid-19疫苗的丹妮尔·希尔伯恩(Danielle Hilborn)表示：“到6月底，我们不可能不会有数千种疫苗过期。”密歇根州弗林特郊外的医院系统有超过3500剂J&amp;J疫苗将于本月到期，尽管它已经在医院之间转移了剂量，并将1100剂运送到了县卫生部门。</blockquote></p><p> Hospitals and public-health departments offering the shots have begun special promotions to use J&amp;J’s shots before they go bad. Some health systems have redistributed them inside and outside their networks, and some states have rerouted them to physician offices, pharmacies or other states.</p><p><blockquote>提供疫苗的医院和公共卫生部门已经开始特别促销，在强生的疫苗变质之前使用它们。一些卫生系统已经将它们在网络内外重新分配，一些州已经将它们重新路由到医生办公室、药房或其他州。</blockquote></p><p> The efforts have had limited success because of thenation’s slowdown in overall vaccinationsand because many states and vaccination sites also have expiring J&amp;J supply and don’t see demand for more doses. Just over half of the 21.4 million J&amp;J shots distributed to providers have been administered, according to data from the Centers for Disease Control and Prevention, versus 83% for shots from Moderna Inc. as well as Pfizer Inc. and its partner, BioNTech.</p><p><blockquote>这些努力取得了有限的成功，因为全国整体疫苗接种速度放缓，而且许多州和疫苗接种点的强生供应也即将到期，看不到对更多剂量的需求。根据美国疾病控制与预防中心的数据，分发给供应商的2140万剂强生疫苗中，只有一半多一点已经接种，而Moderna Inc.以及辉瑞公司及其合作伙伴BioNTech的疫苗接种比例为83%。</blockquote></p><p> J&amp;J stores doses frozen until shipment by the government, at which point they are refrigerated. Doses can be refrigerated for three months, and the drugmaker is studying whether the shelf life can be extended, a company spokesman said.</p><p><blockquote>J&amp;J将剂量冷冻储存，直到政府装运，然后冷藏。公司发言人表示，剂量可以冷藏三个月，制药商正在研究是否可以延长保质期。</blockquote></p><p> Many drugs and vaccines can remain effective for years, but all eventually start to lose potency. Typically, expiring prescription drugs and vaccines for other diseases are sent to other healthcare facilities, overseas or back to manufacturers, hospital officials said.</p><p><blockquote>许多药物和疫苗可以保持有效多年，但最终都会开始失去效力。医院官员表示，通常情况下，过期的处方药和其他疾病的疫苗会被送往海外的其他医疗机构或送回制造商。</blockquote></p><p> Covid-19 vaccines come with expiration information, which is determined by manufacturers based on testing data that is later cleared by regulators. Vaccines may still work after the expiration dates, according to manufacturing experts, but data was limited when the vaccines were authorized.</p><p><blockquote>新冠肺炎疫苗带有过期信息，这是由制造商根据测试数据确定的，然后由监管机构批准。据生产专家称，疫苗在有效期后可能仍然有效，但疫苗获得授权时的数据有限。</blockquote></p><p> The issue of expiring doses is the latest setback for J&amp;J’s Covid-19 vaccine effort. An accident at a contract manufacturer’s plant led to thecontamination of materialthat could have yielded up to 15 million doses and led to a halt in production of the J&amp;J vaccine there.</p><p><blockquote>过期剂量问题是强生新冠肺炎疫苗工作的最新挫折。一家合同制造商工厂发生事故，导致本可生产多达1500万剂疫苗的材料受到污染，并导致强生疫苗生产停止。</blockquote></p><p> Dr. Bechara Choucair, the White House vaccine coordinator, has briefed governors and local health officials on best practices to maximize supply, according to a White House official, who also cited ongoing U.S. Food and Drug Administration reviews of whether J&amp;J doses may have longer shelf lives. A second administration official said recalling doses that have already been shipped out to vaccination sites to potentially redistribute them would be logistically and legally challenging.</p><p><blockquote>据一名白宫官员称，白宫疫苗协调员Bechara Choucair博士已向州长和当地卫生官员简要介绍了最大限度增加供应的最佳做法。美国食品药品监督管理局审查强生剂量是否可能有更长的保质期。第二位政府官员表示，召回已经运往疫苗接种点的疫苗并可能重新分配，在后勤和法律上都具有挑战性。</blockquote></p><p> One of the administration officials said most Covid-19 vaccines in the U.S. aren’t close to expiring.</p><p><blockquote>一名政府官员表示，美国大多数新冠肺炎疫苗还没有接近过期。</blockquote></p><p> State health departments and hospital officials say the guidance from states and the CDC is to destroy or discard expired doses. The CDC didn’t respond to requests for comment.</p><p><blockquote>州卫生部门和医院官员表示，各州和疾病预防控制中心的指导是销毁或丢弃过期的剂量。疾病预防控制中心没有回应置评请求。</blockquote></p><p></p><p> In early April, U.S. regulators paused the use of J&amp;J’s vaccine after reports ofrare but severe blood clots. In response, vaccination sites across the country canceled thousands of appointments and instead offered people Pfizer or Moderna doses. Regulators lifted the pause 10 days later, with J&amp;J and regulators adding language to the vaccine’s label warning of a risk of blood clots.</p><p><blockquote>四月初，在有报道称出现罕见但严重的血栓后，美国监管机构暂停了强生疫苗的使用。作为回应，全国各地的疫苗接种点取消了数千次预约，转而向人们提供辉瑞或Moderna疫苗。10天后，监管机构解除了暂停，强生和监管机构在疫苗标签上添加了警告血栓风险的措辞。</blockquote></p><p> By then, patient demand for Covid-19 vaccines shifted from mass-vaccination to smaller community settings amid lingering concerns about the rare clots, according to industry and state officials.</p><p><blockquote>据行业和州政府官员称，到那时，由于对罕见血栓的担忧挥之不去，患者对Covid-19疫苗的需求从大规模疫苗接种转向了较小的社区环境。</blockquote></p><p> The regulatory pause and overall slowdown in vaccinations has left UofL Health in Louisville, Ky., with more than 6,000 J&amp;J doses that expire this month, after having administered about 2,600 since early April, said Dr. Jason Smith, chief medical officer. “My bet is that we will wind up wasting some of that, unfortunately,” he said.</p><p><blockquote>监管暂停和疫苗接种的整体放缓使得肯塔基州路易斯维尔的UofL Health。首席医疗官杰森·史密斯博士说，自4月初以来，已注射了约2600剂强生疫苗，本月将到期6000多剂强生疫苗。“不幸的是，我敢打赌，我们最终会浪费其中的一些，”他说。</blockquote></p><p> To use them, the health system is trying to reach physician offices outside its network, Dr. Smith said.</p><p><blockquote>史密斯博士说，为了使用它们，卫生系统正试图联系其网络之外的医生办公室。</blockquote></p><p> Pennsylvania’s Department of Health said it worked with the CDC and Chester County to try to transfer the county’s 50,000 expiring J&amp;J doses to Oregon. The deal fell through when Oregon experienced a decline in demand and no longer wanted them, a Pennsylvania health department spokesman said.</p><p><blockquote>宾夕法尼亚州卫生部表示，它与疾病预防控制中心和切斯特县合作，试图将该县5万剂即将过期的强生疫苗转移到俄勒冈州。宾夕法尼亚州卫生部门发言人表示，当俄勒冈州需求下降并且不再需要它们时，该交易失败了。</blockquote></p><p> The full extent of expiring Covid-19 vaccines is unknown because providers aren’t required to report it to the federal government, said Jessica Daley, a pharmacist and executive atPremierInc.,a large group-purchasing organization for hospitals.</p><p><blockquote>大型医院团购组织PremierInc.的药剂师兼高管杰西卡·戴利（Jessica Daley）表示，过期新冠肺炎疫苗的全部范围尚不清楚，因为供应商不需要向联邦政府报告。</blockquote></p><p> Premier is asking members whether they have expiring vaccines, and at least a dozen have said they have expiring J&amp;J doses, Ms. Daley said. “It’s not as simple as just moving the vaccine somewhere else,” she said.</p><p><blockquote>戴利女士说，Premier正在询问会员是否有过期的疫苗，至少有十几个人说他们有过期的强生疫苗。“这不仅仅是将疫苗转移到其他地方那么简单，”她说。</blockquote></p><p> Some states say they have asked the U.S. government whether doses can be shipped to developing nations. Doing so faces significant logistical and legal hurdles, according to the United Nations Children’s Fund, because those countries are wary of using vaccines after expiration dates and may not be able to administer them quickly.</p><p><blockquote>一些州表示，他们已经询问美国政府是否可以将疫苗运往发展中国家。联合国儿童基金会表示，这样做面临着重大的后勤和法律障碍，因为这些国家对使用过期疫苗持谨慎态度，可能无法快速接种。</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>Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&amp;J Covid-19疫苗面临6月过期风险</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\">\nMillions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&amp;J Covid-19疫苗面临6月过期风险</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\">2021-06-08 21:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.</b>  Hospitals, state health departments and the federal government are racing to decide how to use up millions ofJohnson &amp; Johnson’sJNJ-0.68%Covid-19vaccine doses that are set to expire this month.</p><p><blockquote><b>各州、医院试图改变此类疫苗的路线，而出口疫苗的努力则面临障碍。</b>医院、州卫生部门和联邦政府正在竞相决定如何用完将于本月到期的数百万剂强生公司JNJ-0.68%COVID-19疫苗。</blockquote></p><p> The prospect of so many doses going to waste in the U.S. whendeveloping nations are desperatefor shots would add pressure on the Biden administration to share stockpiled vaccines. But there are few practical solutions to administering them quickly in the U.S. or distributing them in time to foreign countries, according to those involved in the vaccination drive.</p><p><blockquote>当发展中国家迫切需要疫苗时，美国可能会浪费如此多的疫苗，这将增加拜登政府分享库存疫苗的压力。但据参与疫苗接种活动的人士称，几乎没有切实可行的解决方案可以在美国快速注射或及时分发给外国。</blockquote></p><p> The stockpile is, in part, an unintended consequence of the U.S.’s decision in April totemporarily suspend administrationof J&amp;J doses to assess a rare blood-clot risk. The pause forced states and providers tocancel large blocksof appointments that were never rescheduled, leaving a surplus of supply, andin some areas increasing hesitancyover the J&amp;J vaccine’s safety, according to industry officials.</p><p><blockquote>这种库存在一定程度上是美国四月份决定暂时停止使用强生剂量以评估罕见血栓风险的意外后果。据行业官员称，这一暂停迫使各州和供应商取消了大量从未重新安排的预约，导致供应过剩，一些地区对强生疫苗的安全性越来越犹豫。</blockquote></p><p> Some hospitals and states say that vaccines fromPfizerInc.and partnerBioNTech SE,as well asModernaInc.,are due to expire later this summer, but the stockpiles so far are largely of J&amp;J doses. Pfizer’s vaccine expires six months after manufacture. Moderna’s vaccine can remain frozen for up to six months, during which it can be refrigerated for one month.</p><p><blockquote>一些医院和州表示，辉瑞公司和partnerBioNTech SE以及asModernaInc.的疫苗将于今年夏天晚些时候到期，但迄今为止的库存主要是强生疫苗。辉瑞的疫苗在生产后六个月到期。Moderna的疫苗可以冷冻长达六个月，在此期间可以冷藏一个月。</blockquote></p><p> Philadelphia has 42,000 J&amp;J doses set to expire, most of which came from a Federal Emergency Management Agency clinic at the city’s convention center a few days before the pause, a city spokesman said. Pennsylvania, West Virginia, Oklahoma and Arkansas are among states that report having thousands of J&amp;J doses set to expire this month and have been unable to redistribute them.</p><p><blockquote>费城发言人表示，费城有42,000剂强生疫苗即将过期，其中大部分来自暂停前几天位于该市会议中心的联邦紧急事务管理局诊所。宾夕法尼亚州、西弗吉尼亚州、俄克拉荷马州和阿肯色州等州报告称，数千剂强生疫苗将于本月到期，但无法重新分配。</blockquote></p><p> “There’s no way at the end of June that we’re not going to have a couple thousand expiring,” said Danielle Hilborn, who helps oversee Covid-19 vaccines for McLaren Health Care Corp. The hospital system based outside Flint, Mich., has more than 3,500 J&amp;J doses set to expire this month, despite having moved doses among its hospitals and shipped 1,100 to a county health department.</p><p><blockquote>迈凯伦医疗保健公司(McLaren Health Care Corp.)帮助监督Covid-19疫苗的丹妮尔·希尔伯恩(Danielle Hilborn)表示：“到6月底，我们不可能不会有数千种疫苗过期。”密歇根州弗林特郊外的医院系统有超过3500剂J&amp;J疫苗将于本月到期，尽管它已经在医院之间转移了剂量，并将1100剂运送到了县卫生部门。</blockquote></p><p> Hospitals and public-health departments offering the shots have begun special promotions to use J&amp;J’s shots before they go bad. Some health systems have redistributed them inside and outside their networks, and some states have rerouted them to physician offices, pharmacies or other states.</p><p><blockquote>提供疫苗的医院和公共卫生部门已经开始特别促销，在强生的疫苗变质之前使用它们。一些卫生系统已经将它们在网络内外重新分配，一些州已经将它们重新路由到医生办公室、药房或其他州。</blockquote></p><p> The efforts have had limited success because of thenation’s slowdown in overall vaccinationsand because many states and vaccination sites also have expiring J&amp;J supply and don’t see demand for more doses. Just over half of the 21.4 million J&amp;J shots distributed to providers have been administered, according to data from the Centers for Disease Control and Prevention, versus 83% for shots from Moderna Inc. as well as Pfizer Inc. and its partner, BioNTech.</p><p><blockquote>这些努力取得了有限的成功，因为全国整体疫苗接种速度放缓，而且许多州和疫苗接种点的强生供应也即将到期，看不到对更多剂量的需求。根据美国疾病控制与预防中心的数据，分发给供应商的2140万剂强生疫苗中，只有一半多一点已经接种，而Moderna Inc.以及辉瑞公司及其合作伙伴BioNTech的疫苗接种比例为83%。</blockquote></p><p> J&amp;J stores doses frozen until shipment by the government, at which point they are refrigerated. Doses can be refrigerated for three months, and the drugmaker is studying whether the shelf life can be extended, a company spokesman said.</p><p><blockquote>J&amp;J将剂量冷冻储存，直到政府装运，然后冷藏。公司发言人表示，剂量可以冷藏三个月，制药商正在研究是否可以延长保质期。</blockquote></p><p> Many drugs and vaccines can remain effective for years, but all eventually start to lose potency. Typically, expiring prescription drugs and vaccines for other diseases are sent to other healthcare facilities, overseas or back to manufacturers, hospital officials said.</p><p><blockquote>许多药物和疫苗可以保持有效多年，但最终都会开始失去效力。医院官员表示，通常情况下，过期的处方药和其他疾病的疫苗会被送往海外的其他医疗机构或送回制造商。</blockquote></p><p> Covid-19 vaccines come with expiration information, which is determined by manufacturers based on testing data that is later cleared by regulators. Vaccines may still work after the expiration dates, according to manufacturing experts, but data was limited when the vaccines were authorized.</p><p><blockquote>新冠肺炎疫苗带有过期信息，这是由制造商根据测试数据确定的，然后由监管机构批准。据生产专家称，疫苗在有效期后可能仍然有效，但疫苗获得授权时的数据有限。</blockquote></p><p> The issue of expiring doses is the latest setback for J&amp;J’s Covid-19 vaccine effort. An accident at a contract manufacturer’s plant led to thecontamination of materialthat could have yielded up to 15 million doses and led to a halt in production of the J&amp;J vaccine there.</p><p><blockquote>过期剂量问题是强生新冠肺炎疫苗工作的最新挫折。一家合同制造商工厂发生事故，导致本可生产多达1500万剂疫苗的材料受到污染，并导致强生疫苗生产停止。</blockquote></p><p> Dr. Bechara Choucair, the White House vaccine coordinator, has briefed governors and local health officials on best practices to maximize supply, according to a White House official, who also cited ongoing U.S. Food and Drug Administration reviews of whether J&amp;J doses may have longer shelf lives. A second administration official said recalling doses that have already been shipped out to vaccination sites to potentially redistribute them would be logistically and legally challenging.</p><p><blockquote>据一名白宫官员称，白宫疫苗协调员Bechara Choucair博士已向州长和当地卫生官员简要介绍了最大限度增加供应的最佳做法。美国食品药品监督管理局审查强生剂量是否可能有更长的保质期。第二位政府官员表示，召回已经运往疫苗接种点的疫苗并可能重新分配，在后勤和法律上都具有挑战性。</blockquote></p><p> One of the administration officials said most Covid-19 vaccines in the U.S. aren’t close to expiring.</p><p><blockquote>一名政府官员表示，美国大多数新冠肺炎疫苗还没有接近过期。</blockquote></p><p> State health departments and hospital officials say the guidance from states and the CDC is to destroy or discard expired doses. The CDC didn’t respond to requests for comment.</p><p><blockquote>州卫生部门和医院官员表示，各州和疾病预防控制中心的指导是销毁或丢弃过期的剂量。疾病预防控制中心没有回应置评请求。</blockquote></p><p></p><p> In early April, U.S. regulators paused the use of J&amp;J’s vaccine after reports ofrare but severe blood clots. In response, vaccination sites across the country canceled thousands of appointments and instead offered people Pfizer or Moderna doses. Regulators lifted the pause 10 days later, with J&amp;J and regulators adding language to the vaccine’s label warning of a risk of blood clots.</p><p><blockquote>四月初，在有报道称出现罕见但严重的血栓后，美国监管机构暂停了强生疫苗的使用。作为回应，全国各地的疫苗接种点取消了数千次预约，转而向人们提供辉瑞或Moderna疫苗。10天后，监管机构解除了暂停，强生和监管机构在疫苗标签上添加了警告血栓风险的措辞。</blockquote></p><p> By then, patient demand for Covid-19 vaccines shifted from mass-vaccination to smaller community settings amid lingering concerns about the rare clots, according to industry and state officials.</p><p><blockquote>据行业和州政府官员称，到那时，由于对罕见血栓的担忧挥之不去，患者对Covid-19疫苗的需求从大规模疫苗接种转向了较小的社区环境。</blockquote></p><p> The regulatory pause and overall slowdown in vaccinations has left UofL Health in Louisville, Ky., with more than 6,000 J&amp;J doses that expire this month, after having administered about 2,600 since early April, said Dr. Jason Smith, chief medical officer. “My bet is that we will wind up wasting some of that, unfortunately,” he said.</p><p><blockquote>监管暂停和疫苗接种的整体放缓使得肯塔基州路易斯维尔的UofL Health。首席医疗官杰森·史密斯博士说，自4月初以来，已注射了约2600剂强生疫苗，本月将到期6000多剂强生疫苗。“不幸的是，我敢打赌，我们最终会浪费其中的一些，”他说。</blockquote></p><p> To use them, the health system is trying to reach physician offices outside its network, Dr. Smith said.</p><p><blockquote>史密斯博士说，为了使用它们，卫生系统正试图联系其网络之外的医生办公室。</blockquote></p><p> Pennsylvania’s Department of Health said it worked with the CDC and Chester County to try to transfer the county’s 50,000 expiring J&amp;J doses to Oregon. The deal fell through when Oregon experienced a decline in demand and no longer wanted them, a Pennsylvania health department spokesman said.</p><p><blockquote>宾夕法尼亚州卫生部表示，它与疾病预防控制中心和切斯特县合作，试图将该县5万剂即将过期的强生疫苗转移到俄勒冈州。宾夕法尼亚州卫生部门发言人表示，当俄勒冈州需求下降并且不再需要它们时，该交易失败了。</blockquote></p><p> The full extent of expiring Covid-19 vaccines is unknown because providers aren’t required to report it to the federal government, said Jessica Daley, a pharmacist and executive atPremierInc.,a large group-purchasing organization for hospitals.</p><p><blockquote>大型医院团购组织PremierInc.的药剂师兼高管杰西卡·戴利（Jessica Daley）表示，过期新冠肺炎疫苗的全部范围尚不清楚，因为供应商不需要向联邦政府报告。</blockquote></p><p> Premier is asking members whether they have expiring vaccines, and at least a dozen have said they have expiring J&amp;J doses, Ms. Daley said. “It’s not as simple as just moving the vaccine somewhere else,” she said.</p><p><blockquote>戴利女士说，Premier正在询问会员是否有过期的疫苗，至少有十几个人说他们有过期的强生疫苗。“这不仅仅是将疫苗转移到其他地方那么简单，”她说。</blockquote></p><p> Some states say they have asked the U.S. government whether doses can be shipped to developing nations. Doing so faces significant logistical and legal hurdles, according to the United Nations Children’s Fund, because those countries are wary of using vaccines after expiration dates and may not be able to administer them quickly.</p><p><blockquote>一些州表示，他们已经询问美国政府是否可以将疫苗运往发展中国家。联合国儿童基金会表示，这样做面临着重大的后勤和法律障碍，因为这些国家对使用过期疫苗持谨慎态度，可能无法快速接种。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/millions-of-j-j-covid-19-vaccines-are-at-risk-of-expiring-in-june-11623152775?mod=hp_lead_pos10\">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":{"JNJ":"强生"},"source_url":"https://www.wsj.com/articles/millions-of-j-j-covid-19-vaccines-are-at-risk-of-expiring-in-june-11623152775?mod=hp_lead_pos10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135953958","content_text":"States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.\n\nHospitals, state health departments and the federal government are racing to decide how to use up millions ofJohnson & Johnson’sJNJ-0.68%Covid-19vaccine doses that are set to expire this month.\nThe prospect of so many doses going to waste in the U.S. whendeveloping nations are desperatefor shots would add pressure on the Biden administration to share stockpiled vaccines. But there are few practical solutions to administering them quickly in the U.S. or distributing them in time to foreign countries, according to those involved in the vaccination drive.\nThe stockpile is, in part, an unintended consequence of the U.S.’s decision in April totemporarily suspend administrationof J&J doses to assess a rare blood-clot risk. The pause forced states and providers tocancel large blocksof appointments that were never rescheduled, leaving a surplus of supply, andin some areas increasing hesitancyover the J&J vaccine’s safety, according to industry officials.\nSome hospitals and states say that vaccines fromPfizerInc.and partnerBioNTech SE,as well asModernaInc.,are due to expire later this summer, but the stockpiles so far are largely of J&J doses. Pfizer’s vaccine expires six months after manufacture. Moderna’s vaccine can remain frozen for up to six months, during which it can be refrigerated for one month.\nPhiladelphia has 42,000 J&J doses set to expire, most of which came from a Federal Emergency Management Agency clinic at the city’s convention center a few days before the pause, a city spokesman said. Pennsylvania, West Virginia, Oklahoma and Arkansas are among states that report having thousands of J&J doses set to expire this month and have been unable to redistribute them.\n“There’s no way at the end of June that we’re not going to have a couple thousand expiring,” said Danielle Hilborn, who helps oversee Covid-19 vaccines for McLaren Health Care Corp. The hospital system based outside Flint, Mich., has more than 3,500 J&J doses set to expire this month, despite having moved doses among its hospitals and shipped 1,100 to a county health department.\nHospitals and public-health departments offering the shots have begun special promotions to use J&J’s shots before they go bad. Some health systems have redistributed them inside and outside their networks, and some states have rerouted them to physician offices, pharmacies or other states.\nThe efforts have had limited success because of thenation’s slowdown in overall vaccinationsand because many states and vaccination sites also have expiring J&J supply and don’t see demand for more doses. Just over half of the 21.4 million J&J shots distributed to providers have been administered, according to data from the Centers for Disease Control and Prevention, versus 83% for shots from Moderna Inc. as well as Pfizer Inc. and its partner, BioNTech.\nJ&J stores doses frozen until shipment by the government, at which point they are refrigerated. Doses can be refrigerated for three months, and the drugmaker is studying whether the shelf life can be extended, a company spokesman said.\nMany drugs and vaccines can remain effective for years, but all eventually start to lose potency. Typically, expiring prescription drugs and vaccines for other diseases are sent to other healthcare facilities, overseas or back to manufacturers, hospital officials said.\nCovid-19 vaccines come with expiration information, which is determined by manufacturers based on testing data that is later cleared by regulators. Vaccines may still work after the expiration dates, according to manufacturing experts, but data was limited when the vaccines were authorized.\nThe issue of expiring doses is the latest setback for J&J’s Covid-19 vaccine effort. An accident at a contract manufacturer’s plant led to thecontamination of materialthat could have yielded up to 15 million doses and led to a halt in production of the J&J vaccine there.\nDr. Bechara Choucair, the White House vaccine coordinator, has briefed governors and local health officials on best practices to maximize supply, according to a White House official, who also cited ongoing U.S. Food and Drug Administration reviews of whether J&J doses may have longer shelf lives. A second administration official said recalling doses that have already been shipped out to vaccination sites to potentially redistribute them would be logistically and legally challenging.\nOne of the administration officials said most Covid-19 vaccines in the U.S. aren’t close to expiring.\nState health departments and hospital officials say the guidance from states and the CDC is to destroy or discard expired doses. The CDC didn’t respond to requests for comment.\nIn early April, U.S. regulators paused the use of J&J’s vaccine after reports ofrare but severe blood clots. In response, vaccination sites across the country canceled thousands of appointments and instead offered people Pfizer or Moderna doses. Regulators lifted the pause 10 days later, with J&J and regulators adding language to the vaccine’s label warning of a risk of blood clots.\nBy then, patient demand for Covid-19 vaccines shifted from mass-vaccination to smaller community settings amid lingering concerns about the rare clots, according to industry and state officials.\nThe regulatory pause and overall slowdown in vaccinations has left UofL Health in Louisville, Ky., with more than 6,000 J&J doses that expire this month, after having administered about 2,600 since early April, said Dr. Jason Smith, chief medical officer. “My bet is that we will wind up wasting some of that, unfortunately,” he said.\nTo use them, the health system is trying to reach physician offices outside its network, Dr. Smith said.\nPennsylvania’s Department of Health said it worked with the CDC and Chester County to try to transfer the county’s 50,000 expiring J&J doses to Oregon. The deal fell through when Oregon experienced a decline in demand and no longer wanted them, a Pennsylvania health department spokesman said.\nThe full extent of expiring Covid-19 vaccines is unknown because providers aren’t required to report it to the federal government, said Jessica Daley, a pharmacist and executive atPremierInc.,a large group-purchasing organization for hospitals.\nPremier is asking members whether they have expiring vaccines, and at least a dozen have said they have expiring J&J doses, Ms. Daley said. “It’s not as simple as just moving the vaccine somewhere else,” she said.\nSome states say they have asked the U.S. government whether doses can be shipped to developing nations. Doing so faces significant logistical and legal hurdles, according to the United Nations Children’s Fund, because those countries are wary of using vaccines after expiration dates and may not be able to administer them quickly.","news_type":1,"symbols_score_info":{"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117429482,"gmtCreate":1623158295146,"gmtModify":1634036354806,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117429482","repostId":"1154765176","repostType":4,"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117429858,"gmtCreate":1623158283374,"gmtModify":1634036354927,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117429858","repostId":"1134112696","repostType":4,"repost":{"id":"1134112696","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":1623153084,"share":"https://www.laohu8.com/m/news/1134112696?lang=zh_CN&edition=full","pubTime":"2021-06-08 19:51","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134112696","media":"Tiger Newspress","summary":"(June 8) U.S. stock futures were mixed Tuesday, putting the Dow on course for a tepid slide at the o","content":"<p>(June 8)&nbsp;U.S. stock futures were mixed Tuesday, putting the Dow on course for a tepid slide at the opening bell as investors awaited data on the scale of the trade deficit.</p><p><blockquote>（6月8日）美国。周二股指期货涨跌互现，由于投资者等待贸易逆差规模的数据，道琼斯指数开盘时可能温和下跌。</blockquote></p><p>Futures tied to the broad S&amp;P 500 index wavered between gains and losses. Dow Jones Industrial Average futures ticked 0.2% lower. On Monday,the blue-chip index briefly climbed into record territorybefore ending the session down 0.4%. Nasdaq-100 futures edged up 0.2%, pointing to subdued gains for technology stocks.</p><p><blockquote>与广泛的标普500指数挂钩的期货在涨跌之间波动。道琼斯工业平均指数期货下跌0.2%。周一，蓝筹股指数短暂攀升至历史新高，最终下跌0.4%。纳斯达克100指数期货小幅上涨0.2%，表明科技股涨幅低迷。</blockquote></p><p>At 7:52 a.m. ET, Dow e-minis were down 18 points, or 0.05%, S&amp;P 500 e-minis were up 5.25 points, or 0.12%, and Nasdaq 100 e-minis were up 56.25 points, or 0.41%.</p><p><blockquote>截至美国东部时间上午7:52，道指e-minis下跌18点，跌幅0.05%，标普500 e-minis上涨5.25点，跌幅0.12%，纳斯达克100 e-minis上涨56.25点，跌幅0.41%。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34abbee54469fe0e570dce762d9a8f6a\" tg-width=\"1242\" tg-height=\"528\"><span>At 7:52 a.m. ET</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国东部时间上午7:52</span></p></blockquote></p><p>Stocks have been range bound in recent sessions, with indexes hovering close to record levels due to a rapidly rebounding U.S. economy and significant levels of support from Washington and the Federal Reserve. The market’s moves in recent weeks have moderated amidinflation concerns. Investors say they are settling in for a period of choppy trading while they await fresh clues on whether a sharp rise in consumer prices will prove to be fleeting.</p><p><blockquote>最近几个交易日，由于美国经济快速反弹以及华盛顿和美联储的大力支持，股市一直在区间波动，指数徘徊在接近创纪录水平的水平。由于通胀担忧，市场最近几周的走势有所缓和。投资者表示，他们正在适应一段波动的交易时期，同时等待消费者价格大幅上涨是否会转瞬即逝的新线索。</blockquote></p><p><b>U.S. trade deficit narrows to $68.9 billion in April from record $75 billion in prior month.</b></p><p><blockquote><b>美国4月份贸易逆差从上月创纪录的750亿美元收窄至689亿美元。</b></blockquote></p><p><b>Stock-index futures remain flat to slightly higher after trade data.</b></p><p><blockquote><b>交易数据公布后，股指期货持平至小幅走高。</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f387907a1739ecc654e10c7d6dc8135\" tg-width=\"1242\" tg-height=\"510\"><span>At 8:33 a.m. ET</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国东部时间上午8:33</span></p></blockquote></p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p><b>1)&nbsp;Stitch Fix(SFIX)</b> – Stitch Fix lost 18 cents per share for its first quarter, smaller than the 27 cents a share loss that analysts were anticipating. The online clothing styling company's revenue came in above estimates. Stitch Fix also issued an upbeat forecast, amid 20% growth in its active client base compared to a year ago. Shares soared 14.8% in premarket action.</p><p><blockquote><b>1）缝合固定（SFIX）</b>–Stitch Fix第一季度每股亏损18美分，小于分析师预期的每股亏损27美分。这家在线服装造型公司的收入高于预期。Stitch Fix也发布了乐观的预测，其活跃客户群与一年前相比增长了20%。盘前股价飙升14.8%。</blockquote></p><p><b>2)&nbsp;Contango Oil &amp; Gas(MCF) </b>– The energy producer agreed to combine withKKR's(KKR) Independence Energy business in an all-stock deal. The combined company will have an initial market capitalization of about $4.8 billion. Contango shares jumped 10.3% in premarket trading.</p><p><blockquote><b>2)石油和天然气期货溢价(MCF)</b>-该能源生产商同意以全股票交易方式与KKR(KKR)的Independence Energy业务合并。合并后的公司初始市值约为48亿美元。Contango股价在盘前交易中上涨10.3%。</blockquote></p><p><b>3)&nbsp;Coupa Software(COUP) </b>– Coupa reported quarterly earnings of 7 cents per share, compared to Wall Street forecasts for a 19 cents per share loss. Revenue beat estimates, and the financial software company also issued an upbeat outlook. Despite the upbeat numbers, Coupa shares tumbled 9.2% in premarket trading.</p><p><blockquote><b>3）Coupa软件（COUP）</b>-Coupa报告季度收益为每股7美分，而华尔街预测为每股亏损19美分。收入超出预期，这家金融软件公司也发布了乐观的前景。尽管数据乐观，Coupa股价在盘前交易中仍下跌9.2%。</blockquote></p><p><b>4)&nbsp;Thor Industries(THO)</b> – The recreational vehicle maker's shares jumped 3.4% in the premarket after it beat estimates on both the top and bottom lines for its fiscal third quarter. Sales more than doubled compared to a year ago, and the company said it sees no signs of demand slowing.</p><p><blockquote><b>4)托尔工业(THO)</b>-这家休闲车制造商第三财季的营收和利润均超出预期，其股价在盘前上涨3.4%。与一年前相比，销售额增加了一倍多，该公司表示，没有看到需求放缓的迹象。</blockquote></p><p><b>5)&nbsp;Chico’s FAS(CHS) </b>– Chico’s surged 6.6% in the premarket after the apparel retailer said it was taking all appropriate steps to improve performance and increase shareholder value. The statement was in response to a letter sent to management by activist investor Barington Capital. Separately, Chico’s reported quarterly earnings and sales that topped Wall Street forecasts.</p><p><blockquote><b>5）奇科氏FAS（CHS）</b>-服装零售商Chico's表示正在采取一切适当措施改善业绩并增加股东价值，该公司盘前股价飙升6.6%。该声明是对激进投资者Barington Capital致管理层的一封信的回应。另外，奇科公布的季度收益和销售额超出了华尔街的预期。</blockquote></p><p><b>6)&nbsp;Fastly(FSLY)</b> – The cloud computing company’s shares fell 1.7% in the premarket, but came off earlier lows stemming froman internet outageimpacting Fastly-backed websites. Shortly after the outage hit, Fastly said it had identified the issue and that a fix was being implemented.</p><p><blockquote><b>6)快速(FSLY)</b>-这家云计算公司的股价在盘前下跌1.7%，但摆脱了因互联网中断影响Fastly支持的网站而导致的早些时候的低点。停电发生后不久，Fastly表示已经发现了问题，并正在实施修复程序。</blockquote></p><p><b>7)&nbsp;Tesla(TSLA) </b>– The automaker delivered 33,463 China-made vehicles in that market in May, up 29% from April when production was impacted by a maintenance shutdown. Tesla rose 3% in the premarket.</p><p><blockquote><b>7）特斯拉（TSLA）</b>-该汽车制造商5月份在该市场交付了33,463辆中国制造的汽车，比4月份生产受到维护停工影响时增长了29%。特斯拉盘前涨3%。</blockquote></p><p><b>8)&nbsp;AMC Entertainment(AMC)</b> – AMC insiders have been selling shares amid a social media-fueled rally in the movie theater operator’s stock. According to a study of insider filings done by analytics firm InsiderScore, seven AMC insiders have sold parts of their stakes since May 28, among nine who have executed sales this quarter though CEO Adam Aron is not among them. There were no AMC insider sales in 2020. AMC added 4.3% in the premarket.</p><p><blockquote><b>8）AMC院线（AMC）</b>-在社交媒体推动电影院运营商股价上涨的背景下，AMC内部人士一直在抛售股票。根据分析公司InsiderScore对内部人士文件进行的一项研究，自5月28日以来，AMC内部人士已出售部分股份，本季度已有9名内部人士出售了部分股份，但首席执行官亚当·阿伦(Adam Aron)不在其中。2020年没有AMC内幕交易。AMC盘前上涨4.3%。</blockquote></p><p><b>9)&nbsp;Marvell Technology(MRVL)</b> – Marvell shares jumped 5.5% in premarket trading after it beat Wall Street estimates on both the top and bottom lines for its first quarter. The chip maker also expects its current-quarter revenue will surpass $1 billion for the first time.</p><p><blockquote><b>9)Marvell Technology(MRVL)</b>-Marvell第一季度营收和利润均超出华尔街预期，股价在盘前交易中上涨5.5%。这家芯片制造商还预计其本季度收入将首次超过10亿美元。</blockquote></p><p><b>10)&nbsp;Keurig Dr Pepper(KDP) </b>– The beverage company’s stock lost 3.6% in the premarket after it announced a secondary offering of 28 million common stock shares, to be sold on behalf of food producer and Keurig Dr Pepper shareholderMondelez(MDLZ). Keurig Dr Pepper will not receive any proceeds from the offering.</p><p><blockquote><b>10)Keurig Dr Pepper(KDP)</b>-该饮料公司宣布代表食品生产商和Keurig Dr Pepper股东亿滋(MDLZ)二次发行2800万股普通股，该公司股价在盘前下跌3.6%。Keurig Dr Pepper不会从此次发行中获得任何收益。</blockquote></p><p></p><p><b>11)&nbsp;Vail Resorts(MTN) </b>– Vail Resorts beat estimates by 18 cents a share, with quarterly profit of $6.72 per share. The resort operator also saw revenue top forecasts. Vail said pass sales were up 50% by units and 33% by dollars compared to pre-pandemic results in 2019, as the company slashed season pass sale prices by 20%.</p><p><blockquote><b>11)韦尔度假村(MTN)</b>-Vail Resorts每股收益超出预期18美分，季度利润为每股6.72美元。该度假村运营商的收入也达到了最高预期。韦尔表示，与2019年大流行前的结果相比，通行证销售额按单位计算增长了50%，按美元计算增长了33%，因为该公司将季票销售价格削减了20%。</blockquote></p><p><b>12)&nbsp;Etsy(ETSY)</b> – Etsy announced a private offering of $1 billion in convertible senior notes, with the online crafts marketplace planning to use the proceeds to fund stock buybacks and for general corporate purposes. Etsy fell 1.9% in premarket trading.</p><p><blockquote><b>12)Etsy(ETSY)</b>-Etsy宣布私募10亿美元的可转换优先票据，在线工艺品市场计划将所得资金用于股票回购和一般公司用途。Etsy盘前交易中下跌1.9%。</blockquote></p><p><b>Since 2008, this has been the biggest signal for stock direction. Here’s where it’s telling investors to go now.</b></p><p><blockquote><b>2008年以来，这是股票方向的最大信号。这就是它告诉投资者现在应该去的地方。</b></blockquote></p><p>The summer lull is real for investors right now, as stock catalysts seem few and far between. Thursday’s update on consumer prices could bring the next one, after May dataspooked markets last month.</p><p><blockquote>对于投资者来说，夏季的平静现在是真实的，因为股票催化剂似乎很少。继上个月5月份数据震惊市场之后，周四的消费者价格更新可能会带来下一个更新。</blockquote></p><p>With equitiesSPX,-0.08%hovering at record highs amid a mind-blowing recovery from the COVID-19 pandemic slump, investors want to know when and how central banks will start responding to signs of surging global inflation. And as not all stocks are built alike for different stages of a recovery, many rightly want to know if they are betting on the right ones.</p><p><blockquote>随着股票SPX,-0.08%徘徊在历史高位，从COVID-19大流行的暴跌中令人兴奋地复苏，投资者想知道各国央行何时以及如何开始应对全球通胀飙升的迹象。由于并非所有股票在复苏的不同阶段都是一样的，许多人理所当然地想知道他们是否押注了正确的股票。</blockquote></p><p>They should start by keeping an eye on what has been the most reliable indicator for stock direction since 2008 — the 10-year bond yieldTMUBMUSD10Y,1.541%,according to The Leuthold Group’s chief investment strategist, Jim Paulsen, who provides our<b>call of the day</b>.</p><p><blockquote>Leuthold Group首席投资策略师Jim Paulsen表示，他们应该首先关注自2008年以来最可靠的股票方向指标——10年期债券收益率TMUBMUSD10Y，1.541%。<b>今日看涨期权</b>.</blockquote></p><p>Since the 2008-09 financial crisis, “the bond market has been determining, or at least coincidentally signaling” which groups of stocks will be the winners and losers, he told clients in a note. That has been particularly true for several popular themes including cyclicals, growth investing, small-caps, etc.</p><p><blockquote>他在一份报告中告诉客户，自2008-09年金融危机以来，“债券市场一直在决定，或者至少是巧合地发出信号”哪些股票将成为赢家和输家。对于包括周期性、成长型投资、小盘股等在内的几个热门主题来说尤其如此。</blockquote></p><p>For example, via the below charts he showed how defensive sectors, such as utilities and staples or low-volatility investments, only do well when bond yields are headed lower:</p><p><blockquote>例如，他通过下面的图表展示了公用事业和主食或低波动性投资等防御性行业只有在债券收益率走低时才会表现良好：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/96c7d981e160fe9dea266dbe88c5eb97\" tg-width=\"1259\" tg-height=\"490\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>The Leuthold Group</i></p><p><blockquote><i>洛伊特霍尔德集团</i></blockquote></p><p>So should the yield on the 10-year, currently hovering at 1.561%, make another run at 2%, that group is likely to underperform, he said. But if the economy is headed for overheat pressures and yields are set to rise, history has shown the most volatile stocks are often winner, he added.</p><p><blockquote>他表示，因此，如果目前徘徊在1.561%的10年期国债收益率再次升至2%，该集团可能会表现不佳。但他补充说，如果经济面临过热压力并且收益率将上升，历史表明，波动性最大的股票往往是赢家。</blockquote></p><p>Paulsen pointed to the below charts of small-cap stocks, cyclical sectors and emerging markets that are “often the winners during periods in which rising yields cause stock market mayhem.”</p><p><blockquote>保尔森指出，下图显示了小盘股、周期性行业和新兴市场，它们“在收益率上升导致股市混乱的时期往往是赢家”。</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/58ad9970b8d52f5524ef4da54113986a\" tg-width=\"1260\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>The Leuthold Group</i></p><p><blockquote><i>洛伊特霍尔德集团</i></blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/13d5f3bc8075fad7b17676c51ffadaed\" tg-width=\"1259\" tg-height=\"929\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>The Leuthold Group</p><p><blockquote>洛伊特霍尔德集团</blockquote></p><p>And the strategist is among those who do indeed see yields rising.</p><p><blockquote>这位策略师是那些确实看到收益率上升的人之一。</blockquote></p><p>“The recent pause in the 10-year yield despite escalating inflation expectations has been puzzling. Moreover, if yields continue to trend sideways or retrace part of their recent advance, defensive investments, including growth stocks, will likely be stock market leaders,” wrote Paulsen.</p><p><blockquote>“尽管通胀预期不断升级，但最近10年期国债收益率的暂停令人费解。此外，如果收益率继续横盘整理或回撤部分近期涨幅，包括成长型股票在内的防御性投资可能会成为股市的领头羊，”Paulsen写道。</blockquote></p><p>He expects another leg higher for that yield, pushing it above 2%, likely by the end of 2021. And that means “stock investors should heed the bond market’s message and drive a few of those fast ‘cyclical’ stock cars!”</p><p><blockquote>他预计该收益率可能会进一步走高，到2021年底将其推高至2%以上。这意味着“股票投资者应该留意债券市场的信息，驾驶一些快速‘周期性’股票汽车！”</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>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</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\">2021-06-08 19:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(June 8)&nbsp;U.S. stock futures were mixed Tuesday, putting the Dow on course for a tepid slide at the opening bell as investors awaited data on the scale of the trade deficit.</p><p><blockquote>（6月8日）美国。周二股指期货涨跌互现，由于投资者等待贸易逆差规模的数据，道琼斯指数开盘时可能温和下跌。</blockquote></p><p>Futures tied to the broad S&amp;P 500 index wavered between gains and losses. Dow Jones Industrial Average futures ticked 0.2% lower. On Monday,the blue-chip index briefly climbed into record territorybefore ending the session down 0.4%. Nasdaq-100 futures edged up 0.2%, pointing to subdued gains for technology stocks.</p><p><blockquote>与广泛的标普500指数挂钩的期货在涨跌之间波动。道琼斯工业平均指数期货下跌0.2%。周一，蓝筹股指数短暂攀升至历史新高，最终下跌0.4%。纳斯达克100指数期货小幅上涨0.2%，表明科技股涨幅低迷。</blockquote></p><p>At 7:52 a.m. ET, Dow e-minis were down 18 points, or 0.05%, S&amp;P 500 e-minis were up 5.25 points, or 0.12%, and Nasdaq 100 e-minis were up 56.25 points, or 0.41%.</p><p><blockquote>截至美国东部时间上午7:52，道指e-minis下跌18点，跌幅0.05%，标普500 e-minis上涨5.25点，跌幅0.12%，纳斯达克100 e-minis上涨56.25点，跌幅0.41%。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34abbee54469fe0e570dce762d9a8f6a\" tg-width=\"1242\" tg-height=\"528\"><span>At 7:52 a.m. ET</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国东部时间上午7:52</span></p></blockquote></p><p>Stocks have been range bound in recent sessions, with indexes hovering close to record levels due to a rapidly rebounding U.S. economy and significant levels of support from Washington and the Federal Reserve. The market’s moves in recent weeks have moderated amidinflation concerns. Investors say they are settling in for a period of choppy trading while they await fresh clues on whether a sharp rise in consumer prices will prove to be fleeting.</p><p><blockquote>最近几个交易日，由于美国经济快速反弹以及华盛顿和美联储的大力支持，股市一直在区间波动，指数徘徊在接近创纪录水平的水平。由于通胀担忧，市场最近几周的走势有所缓和。投资者表示，他们正在适应一段波动的交易时期，同时等待消费者价格大幅上涨是否会转瞬即逝的新线索。</blockquote></p><p><b>U.S. trade deficit narrows to $68.9 billion in April from record $75 billion in prior month.</b></p><p><blockquote><b>美国4月份贸易逆差从上月创纪录的750亿美元收窄至689亿美元。</b></blockquote></p><p><b>Stock-index futures remain flat to slightly higher after trade data.</b></p><p><blockquote><b>交易数据公布后，股指期货持平至小幅走高。</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f387907a1739ecc654e10c7d6dc8135\" tg-width=\"1242\" tg-height=\"510\"><span>At 8:33 a.m. ET</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国东部时间上午8:33</span></p></blockquote></p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p><b>1)&nbsp;Stitch Fix(SFIX)</b> – Stitch Fix lost 18 cents per share for its first quarter, smaller than the 27 cents a share loss that analysts were anticipating. The online clothing styling company's revenue came in above estimates. Stitch Fix also issued an upbeat forecast, amid 20% growth in its active client base compared to a year ago. Shares soared 14.8% in premarket action.</p><p><blockquote><b>1）缝合固定（SFIX）</b>–Stitch Fix第一季度每股亏损18美分，小于分析师预期的每股亏损27美分。这家在线服装造型公司的收入高于预期。Stitch Fix也发布了乐观的预测，其活跃客户群与一年前相比增长了20%。盘前股价飙升14.8%。</blockquote></p><p><b>2)&nbsp;Contango Oil &amp; Gas(MCF) </b>– The energy producer agreed to combine withKKR's(KKR) Independence Energy business in an all-stock deal. The combined company will have an initial market capitalization of about $4.8 billion. Contango shares jumped 10.3% in premarket trading.</p><p><blockquote><b>2)石油和天然气期货溢价(MCF)</b>-该能源生产商同意以全股票交易方式与KKR(KKR)的Independence Energy业务合并。合并后的公司初始市值约为48亿美元。Contango股价在盘前交易中上涨10.3%。</blockquote></p><p><b>3)&nbsp;Coupa Software(COUP) </b>– Coupa reported quarterly earnings of 7 cents per share, compared to Wall Street forecasts for a 19 cents per share loss. Revenue beat estimates, and the financial software company also issued an upbeat outlook. Despite the upbeat numbers, Coupa shares tumbled 9.2% in premarket trading.</p><p><blockquote><b>3）Coupa软件（COUP）</b>-Coupa报告季度收益为每股7美分，而华尔街预测为每股亏损19美分。收入超出预期，这家金融软件公司也发布了乐观的前景。尽管数据乐观，Coupa股价在盘前交易中仍下跌9.2%。</blockquote></p><p><b>4)&nbsp;Thor Industries(THO)</b> – The recreational vehicle maker's shares jumped 3.4% in the premarket after it beat estimates on both the top and bottom lines for its fiscal third quarter. Sales more than doubled compared to a year ago, and the company said it sees no signs of demand slowing.</p><p><blockquote><b>4)托尔工业(THO)</b>-这家休闲车制造商第三财季的营收和利润均超出预期，其股价在盘前上涨3.4%。与一年前相比，销售额增加了一倍多，该公司表示，没有看到需求放缓的迹象。</blockquote></p><p><b>5)&nbsp;Chico’s FAS(CHS) </b>– Chico’s surged 6.6% in the premarket after the apparel retailer said it was taking all appropriate steps to improve performance and increase shareholder value. The statement was in response to a letter sent to management by activist investor Barington Capital. Separately, Chico’s reported quarterly earnings and sales that topped Wall Street forecasts.</p><p><blockquote><b>5）奇科氏FAS（CHS）</b>-服装零售商Chico's表示正在采取一切适当措施改善业绩并增加股东价值，该公司盘前股价飙升6.6%。该声明是对激进投资者Barington Capital致管理层的一封信的回应。另外，奇科公布的季度收益和销售额超出了华尔街的预期。</blockquote></p><p><b>6)&nbsp;Fastly(FSLY)</b> – The cloud computing company’s shares fell 1.7% in the premarket, but came off earlier lows stemming froman internet outageimpacting Fastly-backed websites. Shortly after the outage hit, Fastly said it had identified the issue and that a fix was being implemented.</p><p><blockquote><b>6)快速(FSLY)</b>-这家云计算公司的股价在盘前下跌1.7%，但摆脱了因互联网中断影响Fastly支持的网站而导致的早些时候的低点。停电发生后不久，Fastly表示已经发现了问题，并正在实施修复程序。</blockquote></p><p><b>7)&nbsp;Tesla(TSLA) </b>– The automaker delivered 33,463 China-made vehicles in that market in May, up 29% from April when production was impacted by a maintenance shutdown. Tesla rose 3% in the premarket.</p><p><blockquote><b>7）特斯拉（TSLA）</b>-该汽车制造商5月份在该市场交付了33,463辆中国制造的汽车，比4月份生产受到维护停工影响时增长了29%。特斯拉盘前涨3%。</blockquote></p><p><b>8)&nbsp;AMC Entertainment(AMC)</b> – AMC insiders have been selling shares amid a social media-fueled rally in the movie theater operator’s stock. According to a study of insider filings done by analytics firm InsiderScore, seven AMC insiders have sold parts of their stakes since May 28, among nine who have executed sales this quarter though CEO Adam Aron is not among them. There were no AMC insider sales in 2020. AMC added 4.3% in the premarket.</p><p><blockquote><b>8）AMC院线（AMC）</b>-在社交媒体推动电影院运营商股价上涨的背景下，AMC内部人士一直在抛售股票。根据分析公司InsiderScore对内部人士文件进行的一项研究，自5月28日以来，AMC内部人士已出售部分股份，本季度已有9名内部人士出售了部分股份，但首席执行官亚当·阿伦(Adam Aron)不在其中。2020年没有AMC内幕交易。AMC盘前上涨4.3%。</blockquote></p><p><b>9)&nbsp;Marvell Technology(MRVL)</b> – Marvell shares jumped 5.5% in premarket trading after it beat Wall Street estimates on both the top and bottom lines for its first quarter. The chip maker also expects its current-quarter revenue will surpass $1 billion for the first time.</p><p><blockquote><b>9)Marvell Technology(MRVL)</b>-Marvell第一季度营收和利润均超出华尔街预期，股价在盘前交易中上涨5.5%。这家芯片制造商还预计其本季度收入将首次超过10亿美元。</blockquote></p><p><b>10)&nbsp;Keurig Dr Pepper(KDP) </b>– The beverage company’s stock lost 3.6% in the premarket after it announced a secondary offering of 28 million common stock shares, to be sold on behalf of food producer and Keurig Dr Pepper shareholderMondelez(MDLZ). Keurig Dr Pepper will not receive any proceeds from the offering.</p><p><blockquote><b>10)Keurig Dr Pepper(KDP)</b>-该饮料公司宣布代表食品生产商和Keurig Dr Pepper股东亿滋(MDLZ)二次发行2800万股普通股，该公司股价在盘前下跌3.6%。Keurig Dr Pepper不会从此次发行中获得任何收益。</blockquote></p><p></p><p><b>11)&nbsp;Vail Resorts(MTN) </b>– Vail Resorts beat estimates by 18 cents a share, with quarterly profit of $6.72 per share. The resort operator also saw revenue top forecasts. Vail said pass sales were up 50% by units and 33% by dollars compared to pre-pandemic results in 2019, as the company slashed season pass sale prices by 20%.</p><p><blockquote><b>11)韦尔度假村(MTN)</b>-Vail Resorts每股收益超出预期18美分，季度利润为每股6.72美元。该度假村运营商的收入也达到了最高预期。韦尔表示，与2019年大流行前的结果相比，通行证销售额按单位计算增长了50%，按美元计算增长了33%，因为该公司将季票销售价格削减了20%。</blockquote></p><p><b>12)&nbsp;Etsy(ETSY)</b> – Etsy announced a private offering of $1 billion in convertible senior notes, with the online crafts marketplace planning to use the proceeds to fund stock buybacks and for general corporate purposes. Etsy fell 1.9% in premarket trading.</p><p><blockquote><b>12)Etsy(ETSY)</b>-Etsy宣布私募10亿美元的可转换优先票据，在线工艺品市场计划将所得资金用于股票回购和一般公司用途。Etsy盘前交易中下跌1.9%。</blockquote></p><p><b>Since 2008, this has been the biggest signal for stock direction. Here’s where it’s telling investors to go now.</b></p><p><blockquote><b>2008年以来，这是股票方向的最大信号。这就是它告诉投资者现在应该去的地方。</b></blockquote></p><p>The summer lull is real for investors right now, as stock catalysts seem few and far between. Thursday’s update on consumer prices could bring the next one, after May dataspooked markets last month.</p><p><blockquote>对于投资者来说，夏季的平静现在是真实的，因为股票催化剂似乎很少。继上个月5月份数据震惊市场之后，周四的消费者价格更新可能会带来下一个更新。</blockquote></p><p>With equitiesSPX,-0.08%hovering at record highs amid a mind-blowing recovery from the COVID-19 pandemic slump, investors want to know when and how central banks will start responding to signs of surging global inflation. And as not all stocks are built alike for different stages of a recovery, many rightly want to know if they are betting on the right ones.</p><p><blockquote>随着股票SPX,-0.08%徘徊在历史高位，从COVID-19大流行的暴跌中令人兴奋地复苏，投资者想知道各国央行何时以及如何开始应对全球通胀飙升的迹象。由于并非所有股票在复苏的不同阶段都是一样的，许多人理所当然地想知道他们是否押注了正确的股票。</blockquote></p><p>They should start by keeping an eye on what has been the most reliable indicator for stock direction since 2008 — the 10-year bond yieldTMUBMUSD10Y,1.541%,according to The Leuthold Group’s chief investment strategist, Jim Paulsen, who provides our<b>call of the day</b>.</p><p><blockquote>Leuthold Group首席投资策略师Jim Paulsen表示，他们应该首先关注自2008年以来最可靠的股票方向指标——10年期债券收益率TMUBMUSD10Y，1.541%。<b>今日看涨期权</b>.</blockquote></p><p>Since the 2008-09 financial crisis, “the bond market has been determining, or at least coincidentally signaling” which groups of stocks will be the winners and losers, he told clients in a note. That has been particularly true for several popular themes including cyclicals, growth investing, small-caps, etc.</p><p><blockquote>他在一份报告中告诉客户，自2008-09年金融危机以来，“债券市场一直在决定，或者至少是巧合地发出信号”哪些股票将成为赢家和输家。对于包括周期性、成长型投资、小盘股等在内的几个热门主题来说尤其如此。</blockquote></p><p>For example, via the below charts he showed how defensive sectors, such as utilities and staples or low-volatility investments, only do well when bond yields are headed lower:</p><p><blockquote>例如，他通过下面的图表展示了公用事业和主食或低波动性投资等防御性行业只有在债券收益率走低时才会表现良好：</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/96c7d981e160fe9dea266dbe88c5eb97\" tg-width=\"1259\" tg-height=\"490\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>The Leuthold Group</i></p><p><blockquote><i>洛伊特霍尔德集团</i></blockquote></p><p>So should the yield on the 10-year, currently hovering at 1.561%, make another run at 2%, that group is likely to underperform, he said. But if the economy is headed for overheat pressures and yields are set to rise, history has shown the most volatile stocks are often winner, he added.</p><p><blockquote>他表示，因此，如果目前徘徊在1.561%的10年期国债收益率再次升至2%，该集团可能会表现不佳。但他补充说，如果经济面临过热压力并且收益率将上升，历史表明，波动性最大的股票往往是赢家。</blockquote></p><p>Paulsen pointed to the below charts of small-cap stocks, cyclical sectors and emerging markets that are “often the winners during periods in which rising yields cause stock market mayhem.”</p><p><blockquote>保尔森指出，下图显示了小盘股、周期性行业和新兴市场，它们“在收益率上升导致股市混乱的时期往往是赢家”。</blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/58ad9970b8d52f5524ef4da54113986a\" tg-width=\"1260\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p><i>The Leuthold Group</i></p><p><blockquote><i>洛伊特霍尔德集团</i></blockquote></p><p></p><p><img src=\"https://static.tigerbbs.com/13d5f3bc8075fad7b17676c51ffadaed\" tg-width=\"1259\" tg-height=\"929\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>The Leuthold Group</p><p><blockquote>洛伊特霍尔德集团</blockquote></p><p>And the strategist is among those who do indeed see yields rising.</p><p><blockquote>这位策略师是那些确实看到收益率上升的人之一。</blockquote></p><p>“The recent pause in the 10-year yield despite escalating inflation expectations has been puzzling. Moreover, if yields continue to trend sideways or retrace part of their recent advance, defensive investments, including growth stocks, will likely be stock market leaders,” wrote Paulsen.</p><p><blockquote>“尽管通胀预期不断升级，但最近10年期国债收益率的暂停令人费解。此外，如果收益率继续横盘整理或回撤部分近期涨幅，包括成长型股票在内的防御性投资可能会成为股市的领头羊，”Paulsen写道。</blockquote></p><p>He expects another leg higher for that yield, pushing it above 2%, likely by the end of 2021. And that means “stock investors should heed the bond market’s message and drive a few of those fast ‘cyclical’ stock cars!”</p><p><blockquote>他预计该收益率可能会进一步走高，到2021年底将其推高至2%以上。这意味着“股票投资者应该留意债券市场的信息，驾驶一些快速‘周期性’股票汽车！”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134112696","content_text":"(June 8) U.S. stock futures were mixed Tuesday, putting the Dow on course for a tepid slide at the opening bell as investors awaited data on the scale of the trade deficit.Futures tied to the broad S&P 500 index wavered between gains and losses. Dow Jones Industrial Average futures ticked 0.2% lower. On Monday,the blue-chip index briefly climbed into record territorybefore ending the session down 0.4%. Nasdaq-100 futures edged up 0.2%, pointing to subdued gains for technology stocks.At 7:52 a.m. ET, Dow e-minis were down 18 points, or 0.05%, S&P 500 e-minis were up 5.25 points, or 0.12%, and Nasdaq 100 e-minis were up 56.25 points, or 0.41%.At 7:52 a.m. ETStocks have been range bound in recent sessions, with indexes hovering close to record levels due to a rapidly rebounding U.S. economy and significant levels of support from Washington and the Federal Reserve. The market’s moves in recent weeks have moderated amidinflation concerns. Investors say they are settling in for a period of choppy trading while they await fresh clues on whether a sharp rise in consumer prices will prove to be fleeting.U.S. trade deficit narrows to $68.9 billion in April from record $75 billion in prior month.Stock-index futures remain flat to slightly higher after trade data.At 8:33 a.m. ETStocks making the biggest moves in the premarket:1) Stitch Fix(SFIX) – Stitch Fix lost 18 cents per share for its first quarter, smaller than the 27 cents a share loss that analysts were anticipating. The online clothing styling company's revenue came in above estimates. Stitch Fix also issued an upbeat forecast, amid 20% growth in its active client base compared to a year ago. Shares soared 14.8% in premarket action.2) Contango Oil & Gas(MCF) – The energy producer agreed to combine withKKR's(KKR) Independence Energy business in an all-stock deal. The combined company will have an initial market capitalization of about $4.8 billion. Contango shares jumped 10.3% in premarket trading.3) Coupa Software(COUP) – Coupa reported quarterly earnings of 7 cents per share, compared to Wall Street forecasts for a 19 cents per share loss. Revenue beat estimates, and the financial software company also issued an upbeat outlook. Despite the upbeat numbers, Coupa shares tumbled 9.2% in premarket trading.4) Thor Industries(THO) – The recreational vehicle maker's shares jumped 3.4% in the premarket after it beat estimates on both the top and bottom lines for its fiscal third quarter. Sales more than doubled compared to a year ago, and the company said it sees no signs of demand slowing.5) Chico’s FAS(CHS) – Chico’s surged 6.6% in the premarket after the apparel retailer said it was taking all appropriate steps to improve performance and increase shareholder value. The statement was in response to a letter sent to management by activist investor Barington Capital. Separately, Chico’s reported quarterly earnings and sales that topped Wall Street forecasts.6) Fastly(FSLY) – The cloud computing company’s shares fell 1.7% in the premarket, but came off earlier lows stemming froman internet outageimpacting Fastly-backed websites. Shortly after the outage hit, Fastly said it had identified the issue and that a fix was being implemented.7) Tesla(TSLA) – The automaker delivered 33,463 China-made vehicles in that market in May, up 29% from April when production was impacted by a maintenance shutdown. Tesla rose 3% in the premarket.8) AMC Entertainment(AMC) – AMC insiders have been selling shares amid a social media-fueled rally in the movie theater operator’s stock. According to a study of insider filings done by analytics firm InsiderScore, seven AMC insiders have sold parts of their stakes since May 28, among nine who have executed sales this quarter though CEO Adam Aron is not among them. There were no AMC insider sales in 2020. AMC added 4.3% in the premarket.9) Marvell Technology(MRVL) – Marvell shares jumped 5.5% in premarket trading after it beat Wall Street estimates on both the top and bottom lines for its first quarter. The chip maker also expects its current-quarter revenue will surpass $1 billion for the first time.10) Keurig Dr Pepper(KDP) – The beverage company’s stock lost 3.6% in the premarket after it announced a secondary offering of 28 million common stock shares, to be sold on behalf of food producer and Keurig Dr Pepper shareholderMondelez(MDLZ). Keurig Dr Pepper will not receive any proceeds from the offering.11) Vail Resorts(MTN) – Vail Resorts beat estimates by 18 cents a share, with quarterly profit of $6.72 per share. The resort operator also saw revenue top forecasts. Vail said pass sales were up 50% by units and 33% by dollars compared to pre-pandemic results in 2019, as the company slashed season pass sale prices by 20%.12) Etsy(ETSY) – Etsy announced a private offering of $1 billion in convertible senior notes, with the online crafts marketplace planning to use the proceeds to fund stock buybacks and for general corporate purposes. Etsy fell 1.9% in premarket trading.Since 2008, this has been the biggest signal for stock direction. Here’s where it’s telling investors to go now.The summer lull is real for investors right now, as stock catalysts seem few and far between. Thursday’s update on consumer prices could bring the next one, after May dataspooked markets last month.With equitiesSPX,-0.08%hovering at record highs amid a mind-blowing recovery from the COVID-19 pandemic slump, investors want to know when and how central banks will start responding to signs of surging global inflation. And as not all stocks are built alike for different stages of a recovery, many rightly want to know if they are betting on the right ones.They should start by keeping an eye on what has been the most reliable indicator for stock direction since 2008 — the 10-year bond yieldTMUBMUSD10Y,1.541%,according to The Leuthold Group’s chief investment strategist, Jim Paulsen, who provides ourcall of the day.Since the 2008-09 financial crisis, “the bond market has been determining, or at least coincidentally signaling” which groups of stocks will be the winners and losers, he told clients in a note. That has been particularly true for several popular themes including cyclicals, growth investing, small-caps, etc.For example, via the below charts he showed how defensive sectors, such as utilities and staples or low-volatility investments, only do well when bond yields are headed lower:The Leuthold GroupSo should the yield on the 10-year, currently hovering at 1.561%, make another run at 2%, that group is likely to underperform, he said. But if the economy is headed for overheat pressures and yields are set to rise, history has shown the most volatile stocks are often winner, he added.Paulsen pointed to the below charts of small-cap stocks, cyclical sectors and emerging markets that are “often the winners during periods in which rising yields cause stock market mayhem.”The Leuthold GroupThe Leuthold GroupAnd the strategist is among those who do indeed see yields rising.“The recent pause in the 10-year yield despite escalating inflation expectations has been puzzling. Moreover, if yields continue to trend sideways or retrace part of their recent advance, defensive investments, including growth stocks, will likely be stock market leaders,” wrote Paulsen.He expects another leg higher for that yield, pushing it above 2%, likely by the end of 2021. And that means “stock investors should heed the bond market’s message and drive a few of those fast ‘cyclical’ stock cars!”","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":338203677,"gmtCreate":1609908925399,"gmtModify":1703741237535,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>来吧我们做个民调， 看看有多少个支持者&nbsp;1个赞就是一份支持 🤜🏽🤛🏽","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>来吧我们做个民调， 看看有多少个支持者&nbsp;1个赞就是一份支持 🤜🏽🤛🏽","text":"$Sundial Growers Inc.(SNDL)$来吧我们做个民调， 看看有多少个支持者 1个赞就是一份支持 🤜🏽🤛🏽","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/338203677","isVote":1,"tweetType":1,"viewCount":1442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":181292681,"gmtCreate":1623394955543,"gmtModify":1631885484946,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.&nbsp;","listText":"Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.&nbsp;","text":"Hmm seems like commodities like metals will continue their run this year ! Time to review portfolioposition of these stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/181292681","repostId":"2142279140","repostType":4,"isVote":1,"tweetType":1,"viewCount":1921,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160699689,"gmtCreate":1623792012341,"gmtModify":1634028264967,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Ahhh","listText":"Ahhh","text":"Ahhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160699689","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://www.laohu8.com/m/news/1191245053?lang=zh_CN&edition=full","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></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>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189560470,"gmtCreate":1623282069990,"gmtModify":1634035088576,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/189560470","repostId":"1145830147","repostType":4,"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351889471,"gmtCreate":1616584334293,"gmtModify":1631886442222,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CTRM\">$Castor Maritime, Inc.(CTRM)$</a>go go go&nbsp;","listText":"<a href=\"https://laohu8.com/S/CTRM\">$Castor Maritime, Inc.(CTRM)$</a>go go go&nbsp;","text":"$Castor Maritime, Inc.(CTRM)$go go go","images":[{"img":"https://static.tigerbbs.com/e51093af56584954892ae6e3a753589c","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/351889471","isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189560047,"gmtCreate":1623282048789,"gmtModify":1634035089557,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/189560047","repostId":"1142408805","repostType":4,"repost":{"id":"1142408805","kind":"news","pubTimestamp":1623280126,"share":"https://www.laohu8.com/m/news/1142408805?lang=zh_CN&edition=full","pubTime":"2021-06-10 07:08","market":"us","language":"en","title":"U.S. stocks end lower ahead of inflation report<blockquote>美股在通胀报告公布前收低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142408805","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants a","content":"<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.</p><p><blockquote>纽约（路透社）-华尔街周三收盘走低，市场参与者等待通胀数据，以寻找美联储何时可能收紧鸽派货币政策的线索。</blockquote></p><p> The retail “meme stock” craze continued unabated.</p><p><blockquote>零售“模因股”热潮不减。</blockquote></p><p> All three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.</p><p><blockquote>美国三大股指均扭转稍早涨势，但在缺乏任何明显市场催化剂的情况下仍维持区间震荡。</blockquote></p><p> “There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”</p><p><blockquote>印第安纳州哈蒙德地平线投资服务公司首席执行官查克·卡尔森表示：“新闻方面有一段平静期。”“我们已经过了财报期，人们正在等待明天的通胀数据，因此市场好坏参半，主要股指没有采取太多行动。”</blockquote></p><p> Heavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.</p><p><blockquote>严重做空的meme股票延续了社交媒体推动的涨势，Aethlon Medical飙升388.2%。</blockquote></p><p> Reddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.</p><p><blockquote>Reddit聊天还帮助监狱运营商GEO Group和World Wrestling Entertainment的股价分别上涨38.4%和10.9%。</blockquote></p><p> However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath &amp; Beyond closed lower.</p><p><blockquote>然而，Clover Health、AMC院线和Bed Bath&amp;Beyond等其他模因股票收盘走低。</blockquote></p><p> Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.</p><p><blockquote>Vanda Research的数据显示，随着社交媒体论坛争先恐后地寻找下一个游戏驿站公司，即引发这一现象的股票，零售额已回到一月份的峰值。</blockquote></p><p> “It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”</p><p><blockquote>“这感觉就像另类股票市场，”卡尔森补充道。这是猜测的迹象。如果你在正确的时间进入，你就可以成功，但随着时间的推移，很难成功地发挥作用。”</blockquote></p><p> “I don’t think you should read too much regarding the broader market.”</p><p><blockquote>“我认为你不应该阅读太多关于大盘的信息。”</blockquote></p><p> GameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.</p><p><blockquote>游戏驿站在发布财报之前任命马特·弗隆为新任首席执行官，财报显示季度亏损为每股1.01美元。其股价在盘后交易中下跌超过4%。</blockquote></p><p> U.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.</p><p><blockquote>在与参议员雪莱·卡皮托的一对一会谈破裂后，美国总统乔·拜登在正在进行的谈判中改变了路线，以就基础设施支出达成两党协议。</blockquote></p><p> Industrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.</p><p><blockquote>将从基础设施交易中受益的工业股下跌1%。</blockquote></p><p> Washington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.</p><p><blockquote>华盛顿立法者通过了一项全面的法案，旨在提高美国与中国技术竞争的能力，在持续的芯片供应干旱的情况下为研究和半导体生产提供资金。该法案现已提交众议院。</blockquote></p><p> Even so, the Philadelphia SE Semiconductor index slipped 0.4%.</p><p><blockquote>即便如此，费城SE半导体指数仍下跌0.4%。</blockquote></p><p> The Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.</p><p><blockquote>美国劳工部将于周四发布的消费者价格指数报告将在复苏的供需失衡中提供对通胀的另一种看法，因为投资者将确定通胀压力是否如美联储所称的那样是暂时的。</blockquote></p><p> The Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&amp;P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.</p><p><blockquote>道琼工业指数跌152.68点，或0.44%，报34447.14点；标普500下跌7.71点，或0.18%，报4,219.55点；纳斯达克综合指数下跌13.16点，跌幅0.09%，至13,911.75点。</blockquote></p><p> Among the 11 major sectors in the S&amp;P 500, healthcare gained the most.</p><p><blockquote>标普500 11大板块中，医疗保健涨幅最大。</blockquote></p><p> Benchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.</p><p><blockquote>基准美国国债收益率自5月以来首次跌破1.5%，令对利率敏感的金融股承压。</blockquote></p><p> Campbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.</p><p><blockquote>金宝汤公司未达到季度利润预期，并下调了全年盈利预期，导致其股价下跌6.5%。</blockquote></p><p> Drugmaker Merck &amp; Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.</p><p><blockquote>制药商默克公司股价上涨2.3%，此前该公司宣布，如果该药物获得监管部门批准，美国政府已同意以约12亿美元的价格购买该公司约170万个疗程的实验性COVID-19治疗药物molnupiravir。</blockquote></p><p> Declining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.12比1；在纳斯达克，1.13比1的比率有利于下跌股。</blockquote></p><p> The S&amp;P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.</p><p><blockquote>标普500创下38个52周新高和两个新低；纳斯达克综合指数录得126个新高和14个新低。</blockquote></p><p> Volume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为115.3亿股，而过去20个交易日的平均成交量为107.4亿股。</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>U.S. stocks end lower ahead of inflation report<blockquote>美股在通胀报告公布前收低</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks end lower ahead of inflation report<blockquote>美股在通胀报告公布前收低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-06-10 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.</p><p><blockquote>纽约（路透社）-华尔街周三收盘走低，市场参与者等待通胀数据，以寻找美联储何时可能收紧鸽派货币政策的线索。</blockquote></p><p> The retail “meme stock” craze continued unabated.</p><p><blockquote>零售“模因股”热潮不减。</blockquote></p><p> All three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.</p><p><blockquote>美国三大股指均扭转稍早涨势，但在缺乏任何明显市场催化剂的情况下仍维持区间震荡。</blockquote></p><p> “There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”</p><p><blockquote>印第安纳州哈蒙德地平线投资服务公司首席执行官查克·卡尔森表示：“新闻方面有一段平静期。”“我们已经过了财报期，人们正在等待明天的通胀数据，因此市场好坏参半，主要股指没有采取太多行动。”</blockquote></p><p> Heavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.</p><p><blockquote>严重做空的meme股票延续了社交媒体推动的涨势，Aethlon Medical飙升388.2%。</blockquote></p><p> Reddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.</p><p><blockquote>Reddit聊天还帮助监狱运营商GEO Group和World Wrestling Entertainment的股价分别上涨38.4%和10.9%。</blockquote></p><p> However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath &amp; Beyond closed lower.</p><p><blockquote>然而，Clover Health、AMC院线和Bed Bath&amp;Beyond等其他模因股票收盘走低。</blockquote></p><p> Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.</p><p><blockquote>Vanda Research的数据显示，随着社交媒体论坛争先恐后地寻找下一个游戏驿站公司，即引发这一现象的股票，零售额已回到一月份的峰值。</blockquote></p><p> “It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”</p><p><blockquote>“这感觉就像另类股票市场，”卡尔森补充道。这是猜测的迹象。如果你在正确的时间进入，你就可以成功，但随着时间的推移，很难成功地发挥作用。”</blockquote></p><p> “I don’t think you should read too much regarding the broader market.”</p><p><blockquote>“我认为你不应该阅读太多关于大盘的信息。”</blockquote></p><p> GameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.</p><p><blockquote>游戏驿站在发布财报之前任命马特·弗隆为新任首席执行官，财报显示季度亏损为每股1.01美元。其股价在盘后交易中下跌超过4%。</blockquote></p><p> U.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.</p><p><blockquote>在与参议员雪莱·卡皮托的一对一会谈破裂后，美国总统乔·拜登在正在进行的谈判中改变了路线，以就基础设施支出达成两党协议。</blockquote></p><p> Industrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.</p><p><blockquote>将从基础设施交易中受益的工业股下跌1%。</blockquote></p><p> Washington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.</p><p><blockquote>华盛顿立法者通过了一项全面的法案，旨在提高美国与中国技术竞争的能力，在持续的芯片供应干旱的情况下为研究和半导体生产提供资金。该法案现已提交众议院。</blockquote></p><p> Even so, the Philadelphia SE Semiconductor index slipped 0.4%.</p><p><blockquote>即便如此，费城SE半导体指数仍下跌0.4%。</blockquote></p><p> The Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.</p><p><blockquote>美国劳工部将于周四发布的消费者价格指数报告将在复苏的供需失衡中提供对通胀的另一种看法，因为投资者将确定通胀压力是否如美联储所称的那样是暂时的。</blockquote></p><p> The Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&amp;P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.</p><p><blockquote>道琼工业指数跌152.68点，或0.44%，报34447.14点；标普500下跌7.71点，或0.18%，报4,219.55点；纳斯达克综合指数下跌13.16点，跌幅0.09%，至13,911.75点。</blockquote></p><p> Among the 11 major sectors in the S&amp;P 500, healthcare gained the most.</p><p><blockquote>标普500 11大板块中，医疗保健涨幅最大。</blockquote></p><p> Benchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.</p><p><blockquote>基准美国国债收益率自5月以来首次跌破1.5%，令对利率敏感的金融股承压。</blockquote></p><p> Campbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.</p><p><blockquote>金宝汤公司未达到季度利润预期，并下调了全年盈利预期，导致其股价下跌6.5%。</blockquote></p><p> Drugmaker Merck &amp; Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.</p><p><blockquote>制药商默克公司股价上涨2.3%，此前该公司宣布，如果该药物获得监管部门批准，美国政府已同意以约12亿美元的价格购买该公司约170万个疗程的实验性COVID-19治疗药物molnupiravir。</blockquote></p><p> Declining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌股与上涨股的比例为1.12比1；在纳斯达克，1.13比1的比率有利于下跌股。</blockquote></p><p> The S&amp;P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.</p><p><blockquote>标普500创下38个52周新高和两个新低；纳斯达克综合指数录得126个新高和14个新低。</blockquote></p><p> Volume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为115.3亿股，而过去20个交易日的平均成交量为107.4亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG\">reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","AEMD":"Aethlon Medical Inc",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142408805","content_text":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.\nThe retail “meme stock” craze continued unabated.\nAll three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.\n“There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”\nHeavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.\nReddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.\nHowever, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath & Beyond closed lower.\nRetail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.\n“It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”\n“I don’t think you should read too much regarding the broader market.”\nGameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.\nU.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.\nIndustrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.\nWashington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.\nEven so, the Philadelphia SE Semiconductor index slipped 0.4%.\nThe Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.\nThe Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.\nAmong the 11 major sectors in the S&P 500, healthcare gained the most.\nBenchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.\nCampbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.\nDrugmaker Merck & Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.\nDeclining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.\nThe S&P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.\nVolume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"AEMD":0.9}},"isVote":1,"tweetType":1,"viewCount":730,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117429751,"gmtCreate":1623158308973,"gmtModify":1634036354684,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/117429751","repostId":"1135953958","repostType":4,"repost":{"id":"1135953958","kind":"news","pubTimestamp":1623157482,"share":"https://www.laohu8.com/m/news/1135953958?lang=zh_CN&edition=full","pubTime":"2021-06-08 21:04","market":"us","language":"en","title":"Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&amp;J Covid-19疫苗面临6月过期风险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135953958","media":"The Wall Street Journal","summary":"States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.\n\nHospital","content":"<p>  <b>States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.</b>  Hospitals, state health departments and the federal government are racing to decide how to use up millions ofJohnson &amp; Johnson’sJNJ-0.68%Covid-19vaccine doses that are set to expire this month.</p><p><blockquote><b>各州、医院试图改变此类疫苗的路线，而出口疫苗的努力则面临障碍。</b>医院、州卫生部门和联邦政府正在竞相决定如何用完将于本月到期的数百万剂强生公司JNJ-0.68%COVID-19疫苗。</blockquote></p><p> The prospect of so many doses going to waste in the U.S. whendeveloping nations are desperatefor shots would add pressure on the Biden administration to share stockpiled vaccines. But there are few practical solutions to administering them quickly in the U.S. or distributing them in time to foreign countries, according to those involved in the vaccination drive.</p><p><blockquote>当发展中国家迫切需要疫苗时，美国可能会浪费如此多的疫苗，这将增加拜登政府分享库存疫苗的压力。但据参与疫苗接种活动的人士称，几乎没有切实可行的解决方案可以在美国快速注射或及时分发给外国。</blockquote></p><p> The stockpile is, in part, an unintended consequence of the U.S.’s decision in April totemporarily suspend administrationof J&amp;J doses to assess a rare blood-clot risk. The pause forced states and providers tocancel large blocksof appointments that were never rescheduled, leaving a surplus of supply, andin some areas increasing hesitancyover the J&amp;J vaccine’s safety, according to industry officials.</p><p><blockquote>这种库存在一定程度上是美国四月份决定暂时停止使用强生剂量以评估罕见血栓风险的意外后果。据行业官员称，这一暂停迫使各州和供应商取消了大量从未重新安排的预约，导致供应过剩，一些地区对强生疫苗的安全性越来越犹豫。</blockquote></p><p> Some hospitals and states say that vaccines fromPfizerInc.and partnerBioNTech SE,as well asModernaInc.,are due to expire later this summer, but the stockpiles so far are largely of J&amp;J doses. Pfizer’s vaccine expires six months after manufacture. Moderna’s vaccine can remain frozen for up to six months, during which it can be refrigerated for one month.</p><p><blockquote>一些医院和州表示，辉瑞公司和partnerBioNTech SE以及asModernaInc.的疫苗将于今年夏天晚些时候到期，但迄今为止的库存主要是强生疫苗。辉瑞的疫苗在生产后六个月到期。Moderna的疫苗可以冷冻长达六个月，在此期间可以冷藏一个月。</blockquote></p><p> Philadelphia has 42,000 J&amp;J doses set to expire, most of which came from a Federal Emergency Management Agency clinic at the city’s convention center a few days before the pause, a city spokesman said. Pennsylvania, West Virginia, Oklahoma and Arkansas are among states that report having thousands of J&amp;J doses set to expire this month and have been unable to redistribute them.</p><p><blockquote>费城发言人表示，费城有42,000剂强生疫苗即将过期，其中大部分来自暂停前几天位于该市会议中心的联邦紧急事务管理局诊所。宾夕法尼亚州、西弗吉尼亚州、俄克拉荷马州和阿肯色州等州报告称，数千剂强生疫苗将于本月到期，但无法重新分配。</blockquote></p><p> “There’s no way at the end of June that we’re not going to have a couple thousand expiring,” said Danielle Hilborn, who helps oversee Covid-19 vaccines for McLaren Health Care Corp. The hospital system based outside Flint, Mich., has more than 3,500 J&amp;J doses set to expire this month, despite having moved doses among its hospitals and shipped 1,100 to a county health department.</p><p><blockquote>迈凯伦医疗保健公司(McLaren Health Care Corp.)帮助监督Covid-19疫苗的丹妮尔·希尔伯恩(Danielle Hilborn)表示：“到6月底，我们不可能不会有数千种疫苗过期。”密歇根州弗林特郊外的医院系统有超过3500剂J&amp;J疫苗将于本月到期，尽管它已经在医院之间转移了剂量，并将1100剂运送到了县卫生部门。</blockquote></p><p> Hospitals and public-health departments offering the shots have begun special promotions to use J&amp;J’s shots before they go bad. Some health systems have redistributed them inside and outside their networks, and some states have rerouted them to physician offices, pharmacies or other states.</p><p><blockquote>提供疫苗的医院和公共卫生部门已经开始特别促销，在强生的疫苗变质之前使用它们。一些卫生系统已经将它们在网络内外重新分配，一些州已经将它们重新路由到医生办公室、药房或其他州。</blockquote></p><p> The efforts have had limited success because of thenation’s slowdown in overall vaccinationsand because many states and vaccination sites also have expiring J&amp;J supply and don’t see demand for more doses. Just over half of the 21.4 million J&amp;J shots distributed to providers have been administered, according to data from the Centers for Disease Control and Prevention, versus 83% for shots from Moderna Inc. as well as Pfizer Inc. and its partner, BioNTech.</p><p><blockquote>这些努力取得了有限的成功，因为全国整体疫苗接种速度放缓，而且许多州和疫苗接种点的强生供应也即将到期，看不到对更多剂量的需求。根据美国疾病控制与预防中心的数据，分发给供应商的2140万剂强生疫苗中，只有一半多一点已经接种，而Moderna Inc.以及辉瑞公司及其合作伙伴BioNTech的疫苗接种比例为83%。</blockquote></p><p> J&amp;J stores doses frozen until shipment by the government, at which point they are refrigerated. Doses can be refrigerated for three months, and the drugmaker is studying whether the shelf life can be extended, a company spokesman said.</p><p><blockquote>J&amp;J将剂量冷冻储存，直到政府装运，然后冷藏。公司发言人表示，剂量可以冷藏三个月，制药商正在研究是否可以延长保质期。</blockquote></p><p> Many drugs and vaccines can remain effective for years, but all eventually start to lose potency. Typically, expiring prescription drugs and vaccines for other diseases are sent to other healthcare facilities, overseas or back to manufacturers, hospital officials said.</p><p><blockquote>许多药物和疫苗可以保持有效多年，但最终都会开始失去效力。医院官员表示，通常情况下，过期的处方药和其他疾病的疫苗会被送往海外的其他医疗机构或送回制造商。</blockquote></p><p> Covid-19 vaccines come with expiration information, which is determined by manufacturers based on testing data that is later cleared by regulators. Vaccines may still work after the expiration dates, according to manufacturing experts, but data was limited when the vaccines were authorized.</p><p><blockquote>新冠肺炎疫苗带有过期信息，这是由制造商根据测试数据确定的，然后由监管机构批准。据生产专家称，疫苗在有效期后可能仍然有效，但疫苗获得授权时的数据有限。</blockquote></p><p> The issue of expiring doses is the latest setback for J&amp;J’s Covid-19 vaccine effort. An accident at a contract manufacturer’s plant led to thecontamination of materialthat could have yielded up to 15 million doses and led to a halt in production of the J&amp;J vaccine there.</p><p><blockquote>过期剂量问题是强生新冠肺炎疫苗工作的最新挫折。一家合同制造商工厂发生事故，导致本可生产多达1500万剂疫苗的材料受到污染，并导致强生疫苗生产停止。</blockquote></p><p> Dr. Bechara Choucair, the White House vaccine coordinator, has briefed governors and local health officials on best practices to maximize supply, according to a White House official, who also cited ongoing U.S. Food and Drug Administration reviews of whether J&amp;J doses may have longer shelf lives. A second administration official said recalling doses that have already been shipped out to vaccination sites to potentially redistribute them would be logistically and legally challenging.</p><p><blockquote>据一名白宫官员称，白宫疫苗协调员Bechara Choucair博士已向州长和当地卫生官员简要介绍了最大限度增加供应的最佳做法。美国食品药品监督管理局审查强生剂量是否可能有更长的保质期。第二位政府官员表示，召回已经运往疫苗接种点的疫苗并可能重新分配，在后勤和法律上都具有挑战性。</blockquote></p><p> One of the administration officials said most Covid-19 vaccines in the U.S. aren’t close to expiring.</p><p><blockquote>一名政府官员表示，美国大多数新冠肺炎疫苗还没有接近过期。</blockquote></p><p> State health departments and hospital officials say the guidance from states and the CDC is to destroy or discard expired doses. The CDC didn’t respond to requests for comment.</p><p><blockquote>州卫生部门和医院官员表示，各州和疾病预防控制中心的指导是销毁或丢弃过期的剂量。疾病预防控制中心没有回应置评请求。</blockquote></p><p></p><p> In early April, U.S. regulators paused the use of J&amp;J’s vaccine after reports ofrare but severe blood clots. In response, vaccination sites across the country canceled thousands of appointments and instead offered people Pfizer or Moderna doses. Regulators lifted the pause 10 days later, with J&amp;J and regulators adding language to the vaccine’s label warning of a risk of blood clots.</p><p><blockquote>四月初，在有报道称出现罕见但严重的血栓后，美国监管机构暂停了强生疫苗的使用。作为回应，全国各地的疫苗接种点取消了数千次预约，转而向人们提供辉瑞或Moderna疫苗。10天后，监管机构解除了暂停，强生和监管机构在疫苗标签上添加了警告血栓风险的措辞。</blockquote></p><p> By then, patient demand for Covid-19 vaccines shifted from mass-vaccination to smaller community settings amid lingering concerns about the rare clots, according to industry and state officials.</p><p><blockquote>据行业和州政府官员称，到那时，由于对罕见血栓的担忧挥之不去，患者对Covid-19疫苗的需求从大规模疫苗接种转向了较小的社区环境。</blockquote></p><p> The regulatory pause and overall slowdown in vaccinations has left UofL Health in Louisville, Ky., with more than 6,000 J&amp;J doses that expire this month, after having administered about 2,600 since early April, said Dr. Jason Smith, chief medical officer. “My bet is that we will wind up wasting some of that, unfortunately,” he said.</p><p><blockquote>监管暂停和疫苗接种的整体放缓使得肯塔基州路易斯维尔的UofL Health。首席医疗官杰森·史密斯博士说，自4月初以来，已注射了约2600剂强生疫苗，本月将到期6000多剂强生疫苗。“不幸的是，我敢打赌，我们最终会浪费其中的一些，”他说。</blockquote></p><p> To use them, the health system is trying to reach physician offices outside its network, Dr. Smith said.</p><p><blockquote>史密斯博士说，为了使用它们，卫生系统正试图联系其网络之外的医生办公室。</blockquote></p><p> Pennsylvania’s Department of Health said it worked with the CDC and Chester County to try to transfer the county’s 50,000 expiring J&amp;J doses to Oregon. The deal fell through when Oregon experienced a decline in demand and no longer wanted them, a Pennsylvania health department spokesman said.</p><p><blockquote>宾夕法尼亚州卫生部表示，它与疾病预防控制中心和切斯特县合作，试图将该县5万剂即将过期的强生疫苗转移到俄勒冈州。宾夕法尼亚州卫生部门发言人表示，当俄勒冈州需求下降并且不再需要它们时，该交易失败了。</blockquote></p><p> The full extent of expiring Covid-19 vaccines is unknown because providers aren’t required to report it to the federal government, said Jessica Daley, a pharmacist and executive atPremierInc.,a large group-purchasing organization for hospitals.</p><p><blockquote>大型医院团购组织PremierInc.的药剂师兼高管杰西卡·戴利（Jessica Daley）表示，过期新冠肺炎疫苗的全部范围尚不清楚，因为供应商不需要向联邦政府报告。</blockquote></p><p> Premier is asking members whether they have expiring vaccines, and at least a dozen have said they have expiring J&amp;J doses, Ms. Daley said. “It’s not as simple as just moving the vaccine somewhere else,” she said.</p><p><blockquote>戴利女士说，Premier正在询问会员是否有过期的疫苗，至少有十几个人说他们有过期的强生疫苗。“这不仅仅是将疫苗转移到其他地方那么简单，”她说。</blockquote></p><p> Some states say they have asked the U.S. government whether doses can be shipped to developing nations. Doing so faces significant logistical and legal hurdles, according to the United Nations Children’s Fund, because those countries are wary of using vaccines after expiration dates and may not be able to administer them quickly.</p><p><blockquote>一些州表示，他们已经询问美国政府是否可以将疫苗运往发展中国家。联合国儿童基金会表示，这样做面临着重大的后勤和法律障碍，因为这些国家对使用过期疫苗持谨慎态度，可能无法快速接种。</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>Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&amp;J Covid-19疫苗面临6月过期风险</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\">\nMillions of J&J Covid-19 Vaccines Are at Risk of Expiring in June<blockquote>数百万J&amp;J Covid-19疫苗面临6月过期风险</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\">2021-06-08 21:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.</b>  Hospitals, state health departments and the federal government are racing to decide how to use up millions ofJohnson &amp; Johnson’sJNJ-0.68%Covid-19vaccine doses that are set to expire this month.</p><p><blockquote><b>各州、医院试图改变此类疫苗的路线，而出口疫苗的努力则面临障碍。</b>医院、州卫生部门和联邦政府正在竞相决定如何用完将于本月到期的数百万剂强生公司JNJ-0.68%COVID-19疫苗。</blockquote></p><p> The prospect of so many doses going to waste in the U.S. whendeveloping nations are desperatefor shots would add pressure on the Biden administration to share stockpiled vaccines. But there are few practical solutions to administering them quickly in the U.S. or distributing them in time to foreign countries, according to those involved in the vaccination drive.</p><p><blockquote>当发展中国家迫切需要疫苗时，美国可能会浪费如此多的疫苗，这将增加拜登政府分享库存疫苗的压力。但据参与疫苗接种活动的人士称，几乎没有切实可行的解决方案可以在美国快速注射或及时分发给外国。</blockquote></p><p> The stockpile is, in part, an unintended consequence of the U.S.’s decision in April totemporarily suspend administrationof J&amp;J doses to assess a rare blood-clot risk. The pause forced states and providers tocancel large blocksof appointments that were never rescheduled, leaving a surplus of supply, andin some areas increasing hesitancyover the J&amp;J vaccine’s safety, according to industry officials.</p><p><blockquote>这种库存在一定程度上是美国四月份决定暂时停止使用强生剂量以评估罕见血栓风险的意外后果。据行业官员称，这一暂停迫使各州和供应商取消了大量从未重新安排的预约，导致供应过剩，一些地区对强生疫苗的安全性越来越犹豫。</blockquote></p><p> Some hospitals and states say that vaccines fromPfizerInc.and partnerBioNTech SE,as well asModernaInc.,are due to expire later this summer, but the stockpiles so far are largely of J&amp;J doses. Pfizer’s vaccine expires six months after manufacture. Moderna’s vaccine can remain frozen for up to six months, during which it can be refrigerated for one month.</p><p><blockquote>一些医院和州表示，辉瑞公司和partnerBioNTech SE以及asModernaInc.的疫苗将于今年夏天晚些时候到期，但迄今为止的库存主要是强生疫苗。辉瑞的疫苗在生产后六个月到期。Moderna的疫苗可以冷冻长达六个月，在此期间可以冷藏一个月。</blockquote></p><p> Philadelphia has 42,000 J&amp;J doses set to expire, most of which came from a Federal Emergency Management Agency clinic at the city’s convention center a few days before the pause, a city spokesman said. Pennsylvania, West Virginia, Oklahoma and Arkansas are among states that report having thousands of J&amp;J doses set to expire this month and have been unable to redistribute them.</p><p><blockquote>费城发言人表示，费城有42,000剂强生疫苗即将过期，其中大部分来自暂停前几天位于该市会议中心的联邦紧急事务管理局诊所。宾夕法尼亚州、西弗吉尼亚州、俄克拉荷马州和阿肯色州等州报告称，数千剂强生疫苗将于本月到期，但无法重新分配。</blockquote></p><p> “There’s no way at the end of June that we’re not going to have a couple thousand expiring,” said Danielle Hilborn, who helps oversee Covid-19 vaccines for McLaren Health Care Corp. The hospital system based outside Flint, Mich., has more than 3,500 J&amp;J doses set to expire this month, despite having moved doses among its hospitals and shipped 1,100 to a county health department.</p><p><blockquote>迈凯伦医疗保健公司(McLaren Health Care Corp.)帮助监督Covid-19疫苗的丹妮尔·希尔伯恩(Danielle Hilborn)表示：“到6月底，我们不可能不会有数千种疫苗过期。”密歇根州弗林特郊外的医院系统有超过3500剂J&amp;J疫苗将于本月到期，尽管它已经在医院之间转移了剂量，并将1100剂运送到了县卫生部门。</blockquote></p><p> Hospitals and public-health departments offering the shots have begun special promotions to use J&amp;J’s shots before they go bad. Some health systems have redistributed them inside and outside their networks, and some states have rerouted them to physician offices, pharmacies or other states.</p><p><blockquote>提供疫苗的医院和公共卫生部门已经开始特别促销，在强生的疫苗变质之前使用它们。一些卫生系统已经将它们在网络内外重新分配，一些州已经将它们重新路由到医生办公室、药房或其他州。</blockquote></p><p> The efforts have had limited success because of thenation’s slowdown in overall vaccinationsand because many states and vaccination sites also have expiring J&amp;J supply and don’t see demand for more doses. Just over half of the 21.4 million J&amp;J shots distributed to providers have been administered, according to data from the Centers for Disease Control and Prevention, versus 83% for shots from Moderna Inc. as well as Pfizer Inc. and its partner, BioNTech.</p><p><blockquote>这些努力取得了有限的成功，因为全国整体疫苗接种速度放缓，而且许多州和疫苗接种点的强生供应也即将到期，看不到对更多剂量的需求。根据美国疾病控制与预防中心的数据，分发给供应商的2140万剂强生疫苗中，只有一半多一点已经接种，而Moderna Inc.以及辉瑞公司及其合作伙伴BioNTech的疫苗接种比例为83%。</blockquote></p><p> J&amp;J stores doses frozen until shipment by the government, at which point they are refrigerated. Doses can be refrigerated for three months, and the drugmaker is studying whether the shelf life can be extended, a company spokesman said.</p><p><blockquote>J&amp;J将剂量冷冻储存，直到政府装运，然后冷藏。公司发言人表示，剂量可以冷藏三个月，制药商正在研究是否可以延长保质期。</blockquote></p><p> Many drugs and vaccines can remain effective for years, but all eventually start to lose potency. Typically, expiring prescription drugs and vaccines for other diseases are sent to other healthcare facilities, overseas or back to manufacturers, hospital officials said.</p><p><blockquote>许多药物和疫苗可以保持有效多年，但最终都会开始失去效力。医院官员表示，通常情况下，过期的处方药和其他疾病的疫苗会被送往海外的其他医疗机构或送回制造商。</blockquote></p><p> Covid-19 vaccines come with expiration information, which is determined by manufacturers based on testing data that is later cleared by regulators. Vaccines may still work after the expiration dates, according to manufacturing experts, but data was limited when the vaccines were authorized.</p><p><blockquote>新冠肺炎疫苗带有过期信息，这是由制造商根据测试数据确定的，然后由监管机构批准。据生产专家称，疫苗在有效期后可能仍然有效，但疫苗获得授权时的数据有限。</blockquote></p><p> The issue of expiring doses is the latest setback for J&amp;J’s Covid-19 vaccine effort. An accident at a contract manufacturer’s plant led to thecontamination of materialthat could have yielded up to 15 million doses and led to a halt in production of the J&amp;J vaccine there.</p><p><blockquote>过期剂量问题是强生新冠肺炎疫苗工作的最新挫折。一家合同制造商工厂发生事故，导致本可生产多达1500万剂疫苗的材料受到污染，并导致强生疫苗生产停止。</blockquote></p><p> Dr. Bechara Choucair, the White House vaccine coordinator, has briefed governors and local health officials on best practices to maximize supply, according to a White House official, who also cited ongoing U.S. Food and Drug Administration reviews of whether J&amp;J doses may have longer shelf lives. A second administration official said recalling doses that have already been shipped out to vaccination sites to potentially redistribute them would be logistically and legally challenging.</p><p><blockquote>据一名白宫官员称，白宫疫苗协调员Bechara Choucair博士已向州长和当地卫生官员简要介绍了最大限度增加供应的最佳做法。美国食品药品监督管理局审查强生剂量是否可能有更长的保质期。第二位政府官员表示，召回已经运往疫苗接种点的疫苗并可能重新分配，在后勤和法律上都具有挑战性。</blockquote></p><p> One of the administration officials said most Covid-19 vaccines in the U.S. aren’t close to expiring.</p><p><blockquote>一名政府官员表示，美国大多数新冠肺炎疫苗还没有接近过期。</blockquote></p><p> State health departments and hospital officials say the guidance from states and the CDC is to destroy or discard expired doses. The CDC didn’t respond to requests for comment.</p><p><blockquote>州卫生部门和医院官员表示，各州和疾病预防控制中心的指导是销毁或丢弃过期的剂量。疾病预防控制中心没有回应置评请求。</blockquote></p><p></p><p> In early April, U.S. regulators paused the use of J&amp;J’s vaccine after reports ofrare but severe blood clots. In response, vaccination sites across the country canceled thousands of appointments and instead offered people Pfizer or Moderna doses. Regulators lifted the pause 10 days later, with J&amp;J and regulators adding language to the vaccine’s label warning of a risk of blood clots.</p><p><blockquote>四月初，在有报道称出现罕见但严重的血栓后，美国监管机构暂停了强生疫苗的使用。作为回应，全国各地的疫苗接种点取消了数千次预约，转而向人们提供辉瑞或Moderna疫苗。10天后，监管机构解除了暂停，强生和监管机构在疫苗标签上添加了警告血栓风险的措辞。</blockquote></p><p> By then, patient demand for Covid-19 vaccines shifted from mass-vaccination to smaller community settings amid lingering concerns about the rare clots, according to industry and state officials.</p><p><blockquote>据行业和州政府官员称，到那时，由于对罕见血栓的担忧挥之不去，患者对Covid-19疫苗的需求从大规模疫苗接种转向了较小的社区环境。</blockquote></p><p> The regulatory pause and overall slowdown in vaccinations has left UofL Health in Louisville, Ky., with more than 6,000 J&amp;J doses that expire this month, after having administered about 2,600 since early April, said Dr. Jason Smith, chief medical officer. “My bet is that we will wind up wasting some of that, unfortunately,” he said.</p><p><blockquote>监管暂停和疫苗接种的整体放缓使得肯塔基州路易斯维尔的UofL Health。首席医疗官杰森·史密斯博士说，自4月初以来，已注射了约2600剂强生疫苗，本月将到期6000多剂强生疫苗。“不幸的是，我敢打赌，我们最终会浪费其中的一些，”他说。</blockquote></p><p> To use them, the health system is trying to reach physician offices outside its network, Dr. Smith said.</p><p><blockquote>史密斯博士说，为了使用它们，卫生系统正试图联系其网络之外的医生办公室。</blockquote></p><p> Pennsylvania’s Department of Health said it worked with the CDC and Chester County to try to transfer the county’s 50,000 expiring J&amp;J doses to Oregon. The deal fell through when Oregon experienced a decline in demand and no longer wanted them, a Pennsylvania health department spokesman said.</p><p><blockquote>宾夕法尼亚州卫生部表示，它与疾病预防控制中心和切斯特县合作，试图将该县5万剂即将过期的强生疫苗转移到俄勒冈州。宾夕法尼亚州卫生部门发言人表示，当俄勒冈州需求下降并且不再需要它们时，该交易失败了。</blockquote></p><p> The full extent of expiring Covid-19 vaccines is unknown because providers aren’t required to report it to the federal government, said Jessica Daley, a pharmacist and executive atPremierInc.,a large group-purchasing organization for hospitals.</p><p><blockquote>大型医院团购组织PremierInc.的药剂师兼高管杰西卡·戴利（Jessica Daley）表示，过期新冠肺炎疫苗的全部范围尚不清楚，因为供应商不需要向联邦政府报告。</blockquote></p><p> Premier is asking members whether they have expiring vaccines, and at least a dozen have said they have expiring J&amp;J doses, Ms. Daley said. “It’s not as simple as just moving the vaccine somewhere else,” she said.</p><p><blockquote>戴利女士说，Premier正在询问会员是否有过期的疫苗，至少有十几个人说他们有过期的强生疫苗。“这不仅仅是将疫苗转移到其他地方那么简单，”她说。</blockquote></p><p> Some states say they have asked the U.S. government whether doses can be shipped to developing nations. Doing so faces significant logistical and legal hurdles, according to the United Nations Children’s Fund, because those countries are wary of using vaccines after expiration dates and may not be able to administer them quickly.</p><p><blockquote>一些州表示，他们已经询问美国政府是否可以将疫苗运往发展中国家。联合国儿童基金会表示，这样做面临着重大的后勤和法律障碍，因为这些国家对使用过期疫苗持谨慎态度，可能无法快速接种。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/millions-of-j-j-covid-19-vaccines-are-at-risk-of-expiring-in-june-11623152775?mod=hp_lead_pos10\">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":{"JNJ":"强生"},"source_url":"https://www.wsj.com/articles/millions-of-j-j-covid-19-vaccines-are-at-risk-of-expiring-in-june-11623152775?mod=hp_lead_pos10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135953958","content_text":"States, hospitals try to reroute such vaccines, while efforts to export them face hurdles.\n\nHospitals, state health departments and the federal government are racing to decide how to use up millions ofJohnson & Johnson’sJNJ-0.68%Covid-19vaccine doses that are set to expire this month.\nThe prospect of so many doses going to waste in the U.S. whendeveloping nations are desperatefor shots would add pressure on the Biden administration to share stockpiled vaccines. But there are few practical solutions to administering them quickly in the U.S. or distributing them in time to foreign countries, according to those involved in the vaccination drive.\nThe stockpile is, in part, an unintended consequence of the U.S.’s decision in April totemporarily suspend administrationof J&J doses to assess a rare blood-clot risk. The pause forced states and providers tocancel large blocksof appointments that were never rescheduled, leaving a surplus of supply, andin some areas increasing hesitancyover the J&J vaccine’s safety, according to industry officials.\nSome hospitals and states say that vaccines fromPfizerInc.and partnerBioNTech SE,as well asModernaInc.,are due to expire later this summer, but the stockpiles so far are largely of J&J doses. Pfizer’s vaccine expires six months after manufacture. Moderna’s vaccine can remain frozen for up to six months, during which it can be refrigerated for one month.\nPhiladelphia has 42,000 J&J doses set to expire, most of which came from a Federal Emergency Management Agency clinic at the city’s convention center a few days before the pause, a city spokesman said. Pennsylvania, West Virginia, Oklahoma and Arkansas are among states that report having thousands of J&J doses set to expire this month and have been unable to redistribute them.\n“There’s no way at the end of June that we’re not going to have a couple thousand expiring,” said Danielle Hilborn, who helps oversee Covid-19 vaccines for McLaren Health Care Corp. The hospital system based outside Flint, Mich., has more than 3,500 J&J doses set to expire this month, despite having moved doses among its hospitals and shipped 1,100 to a county health department.\nHospitals and public-health departments offering the shots have begun special promotions to use J&J’s shots before they go bad. Some health systems have redistributed them inside and outside their networks, and some states have rerouted them to physician offices, pharmacies or other states.\nThe efforts have had limited success because of thenation’s slowdown in overall vaccinationsand because many states and vaccination sites also have expiring J&J supply and don’t see demand for more doses. Just over half of the 21.4 million J&J shots distributed to providers have been administered, according to data from the Centers for Disease Control and Prevention, versus 83% for shots from Moderna Inc. as well as Pfizer Inc. and its partner, BioNTech.\nJ&J stores doses frozen until shipment by the government, at which point they are refrigerated. Doses can be refrigerated for three months, and the drugmaker is studying whether the shelf life can be extended, a company spokesman said.\nMany drugs and vaccines can remain effective for years, but all eventually start to lose potency. Typically, expiring prescription drugs and vaccines for other diseases are sent to other healthcare facilities, overseas or back to manufacturers, hospital officials said.\nCovid-19 vaccines come with expiration information, which is determined by manufacturers based on testing data that is later cleared by regulators. Vaccines may still work after the expiration dates, according to manufacturing experts, but data was limited when the vaccines were authorized.\nThe issue of expiring doses is the latest setback for J&J’s Covid-19 vaccine effort. An accident at a contract manufacturer’s plant led to thecontamination of materialthat could have yielded up to 15 million doses and led to a halt in production of the J&J vaccine there.\nDr. Bechara Choucair, the White House vaccine coordinator, has briefed governors and local health officials on best practices to maximize supply, according to a White House official, who also cited ongoing U.S. Food and Drug Administration reviews of whether J&J doses may have longer shelf lives. A second administration official said recalling doses that have already been shipped out to vaccination sites to potentially redistribute them would be logistically and legally challenging.\nOne of the administration officials said most Covid-19 vaccines in the U.S. aren’t close to expiring.\nState health departments and hospital officials say the guidance from states and the CDC is to destroy or discard expired doses. The CDC didn’t respond to requests for comment.\nIn early April, U.S. regulators paused the use of J&J’s vaccine after reports ofrare but severe blood clots. In response, vaccination sites across the country canceled thousands of appointments and instead offered people Pfizer or Moderna doses. Regulators lifted the pause 10 days later, with J&J and regulators adding language to the vaccine’s label warning of a risk of blood clots.\nBy then, patient demand for Covid-19 vaccines shifted from mass-vaccination to smaller community settings amid lingering concerns about the rare clots, according to industry and state officials.\nThe regulatory pause and overall slowdown in vaccinations has left UofL Health in Louisville, Ky., with more than 6,000 J&J doses that expire this month, after having administered about 2,600 since early April, said Dr. Jason Smith, chief medical officer. “My bet is that we will wind up wasting some of that, unfortunately,” he said.\nTo use them, the health system is trying to reach physician offices outside its network, Dr. Smith said.\nPennsylvania’s Department of Health said it worked with the CDC and Chester County to try to transfer the county’s 50,000 expiring J&J doses to Oregon. The deal fell through when Oregon experienced a decline in demand and no longer wanted them, a Pennsylvania health department spokesman said.\nThe full extent of expiring Covid-19 vaccines is unknown because providers aren’t required to report it to the federal government, said Jessica Daley, a pharmacist and executive atPremierInc.,a large group-purchasing organization for hospitals.\nPremier is asking members whether they have expiring vaccines, and at least a dozen have said they have expiring J&J doses, Ms. Daley said. “It’s not as simple as just moving the vaccine somewhere else,” she said.\nSome states say they have asked the U.S. government whether doses can be shipped to developing nations. Doing so faces significant logistical and legal hurdles, according to the United Nations Children’s Fund, because those countries are wary of using vaccines after expiration dates and may not be able to administer them quickly.","news_type":1,"symbols_score_info":{"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117421373,"gmtCreate":1623158356192,"gmtModify":1634036353599,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117421373","repostId":"1195023067","repostType":4,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370930799,"gmtCreate":1618541500111,"gmtModify":1634292203007,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/370930799","repostId":"1160288453","repostType":4,"repost":{"id":"1160288453","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618540779,"share":"https://www.laohu8.com/m/news/1160288453?lang=zh_CN&edition=full","pubTime":"2021-04-16 10:39","market":"us","language":"en","title":"Why Coinbase's Upside Could Be Immense, With A Price Target Of $500<blockquote>为什么Coinbase的上涨空间可能巨大，目标价为500美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160288453","media":"Benzinga","summary":"One of most anticipated IPOs of 2021 took place Wednesday with Coinbase Global hitting the public ma","content":"<p>One of most anticipated IPOs of 2021 took place Wednesday with&nbsp;<b>Coinbase Global</b>&nbsp;hitting the public markets. The cryptocurrency exchange companyopenedfor trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price.</p><p><blockquote>2021年最受期待的IPO之一于周三举行<b>比特币基地全球</b>冲击公开市场。这家加密货币交易所公司开盘价为每股381美元。一位分析师认为，股价可能会远高于周三的开盘价。</blockquote></p><p> <b>The Coinbase Analyst:</b>BTIG analyst Mark Palmer initiated&nbsp;shares of Coinbase with a Buy rating and $500 price target.</p><p><blockquote><b>Coinbase分析师：</b>BTIG分析师Mark Palmer对Coinbase股票给予买入评级和500美元的目标价。</blockquote></p><p> <b>The Analyst Takeaways:</b>&nbsp;Palmer called Coinbase&nbsp;the gold standard among digital asset exchanges.</p><p><blockquote><b>分析师要点：</b>帕尔默称Coinbase是数字资产交易所的黄金标准。</blockquote></p><p> Coinbase is seeing rapid growth as the crypto ecosystem expands and its increased use is a tailwind for the company going forward.</p><p><blockquote>随着加密生态系统的扩展，Coinbase正在快速增长，其使用量的增加是该公司未来发展的推动力。</blockquote></p><p> “We believe COIN, the most popular consumer-facing cryptocurrency exchange in the U.S., is positioned to be a primary beneficiary of the increased adoption of Bitcoin and other digital assets as it continues to scale in the U.S. and internationally,” Palmer said.</p><p><blockquote>Palmer表示：“我们相信，COIN作为美国最受欢迎的面向消费者的加密货币交易所，随着其在美国和国际上的规模不断扩大，它将成为比特币和其他数字资产采用增加的主要受益者。”</blockquote></p><p> Coinbase reported revenue of $1.8 billion for the first quarter, which was more than its entire fiscal 2020. One concern was the company’s cautious tone that the first-quarter results shouldn’t be viewed as a representation of its run rate.</p><p><blockquote>Coinbase报告第一季度营收为18亿美元，超过了整个2020财年。一个担忧是该公司的谨慎语气，即第一季度业绩不应被视为其运行率的代表。</blockquote></p><p> “We believe they demonstrated the platform’s ability to generate explosive growth,” the analyst noted.</p><p><blockquote>“我们相信他们展示了该平台产生爆炸性增长的能力，”分析师指出。</blockquote></p><p> Another concern for Coinbase is its dependence on transaction fees (96% of 2020 revenue), which could make the company volatile to the crypto markets. The analyst said Coinbase is diversifying its revenue stream.</p><p><blockquote>Coinbase的另一个担忧是其对交易费的依赖（占2020年收入的96%），这可能会使该公司在加密货币市场上波动。该分析师表示，Coinbase正在实现收入来源多元化。</blockquote></p><p> Coinbase reported an 11.3% market share for the amount of the world’s crypto assets held in the first quarter. “This market share is at the core of our bullish thesis on COIN, the company’s upside could be immense,” Palmer said</p><p><blockquote>Coinbase报告称，第一季度全球加密资产持有量的市场份额为11.3%。帕尔默表示：“这一市场份额是我们看涨COIN论点的核心，该公司的上涨空间可能是巨大的。”</blockquote></p><p> The $500 price target is based on a multiple of 16x estimated fiscal 2024 revenue of $8.2 billion. The analyst estimates Coinbase to report revenue of $6.1 billion in fiscal 2021 and $6.3 billion in fiscal 2022.</p><p><blockquote>500美元的目标价是基于2024财年预计收入82亿美元的16倍。该分析师预计Coinbase 2021财年营收为61亿美元，2022财年营收为63亿美元。</blockquote></p><p> “We believe COIN should be regarded as a market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers’ behaviors and their adoption of new technology,” the analyst said, adding that there are other comparable category leaders such as&nbsp;<b>Zoom Video Communications Inc</b>,<b>Tesla Inc</b>&nbsp;and&nbsp;<b>Snowflake Inc</b>.</p><p><blockquote>这位分析师表示：“我们认为，COIN应该被视为该类别的市场领导者，该类别的特点是在消费者行为的重大变化及其对新技术的采用的推动下实现快速且明显可持续的增长。”他补充说，还有其他类似的类别领导者，例如<b>Zoom Video通信公司</b>,<b>特斯拉公司</b>和<b>雪花公司</b>.</blockquote></p><p> <b>COIN Price Action:</b>Shares of Coinbase are down 1.68% to $322.75 on&nbsp;Thursday.</p><p><blockquote><b>硬币价格走势：</b>Coinbase股价周四下跌1.68%，至322.75美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Coinbase's Upside Could Be Immense, With A Price Target Of $500<blockquote>为什么Coinbase的上涨空间可能巨大，目标价为500美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Coinbase's Upside Could Be Immense, With A Price Target Of $500<blockquote>为什么Coinbase的上涨空间可能巨大，目标价为500美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-04-16 10:39</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>One of most anticipated IPOs of 2021 took place Wednesday with&nbsp;<b>Coinbase Global</b>&nbsp;hitting the public markets. The cryptocurrency exchange companyopenedfor trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price.</p><p><blockquote>2021年最受期待的IPO之一于周三举行<b>比特币基地全球</b>冲击公开市场。这家加密货币交易所公司开盘价为每股381美元。一位分析师认为，股价可能会远高于周三的开盘价。</blockquote></p><p> <b>The Coinbase Analyst:</b>BTIG analyst Mark Palmer initiated&nbsp;shares of Coinbase with a Buy rating and $500 price target.</p><p><blockquote><b>Coinbase分析师：</b>BTIG分析师Mark Palmer对Coinbase股票给予买入评级和500美元的目标价。</blockquote></p><p> <b>The Analyst Takeaways:</b>&nbsp;Palmer called Coinbase&nbsp;the gold standard among digital asset exchanges.</p><p><blockquote><b>分析师要点：</b>帕尔默称Coinbase是数字资产交易所的黄金标准。</blockquote></p><p> Coinbase is seeing rapid growth as the crypto ecosystem expands and its increased use is a tailwind for the company going forward.</p><p><blockquote>随着加密生态系统的扩展，Coinbase正在快速增长，其使用量的增加是该公司未来发展的推动力。</blockquote></p><p> “We believe COIN, the most popular consumer-facing cryptocurrency exchange in the U.S., is positioned to be a primary beneficiary of the increased adoption of Bitcoin and other digital assets as it continues to scale in the U.S. and internationally,” Palmer said.</p><p><blockquote>Palmer表示：“我们相信，COIN作为美国最受欢迎的面向消费者的加密货币交易所，随着其在美国和国际上的规模不断扩大，它将成为比特币和其他数字资产采用增加的主要受益者。”</blockquote></p><p> Coinbase reported revenue of $1.8 billion for the first quarter, which was more than its entire fiscal 2020. One concern was the company’s cautious tone that the first-quarter results shouldn’t be viewed as a representation of its run rate.</p><p><blockquote>Coinbase报告第一季度营收为18亿美元，超过了整个2020财年。一个担忧是该公司的谨慎语气，即第一季度业绩不应被视为其运行率的代表。</blockquote></p><p> “We believe they demonstrated the platform’s ability to generate explosive growth,” the analyst noted.</p><p><blockquote>“我们相信他们展示了该平台产生爆炸性增长的能力，”分析师指出。</blockquote></p><p> Another concern for Coinbase is its dependence on transaction fees (96% of 2020 revenue), which could make the company volatile to the crypto markets. The analyst said Coinbase is diversifying its revenue stream.</p><p><blockquote>Coinbase的另一个担忧是其对交易费的依赖（占2020年收入的96%），这可能会使该公司在加密货币市场上波动。该分析师表示，Coinbase正在实现收入来源多元化。</blockquote></p><p> Coinbase reported an 11.3% market share for the amount of the world’s crypto assets held in the first quarter. “This market share is at the core of our bullish thesis on COIN, the company’s upside could be immense,” Palmer said</p><p><blockquote>Coinbase报告称，第一季度全球加密资产持有量的市场份额为11.3%。帕尔默表示：“这一市场份额是我们看涨COIN论点的核心，该公司的上涨空间可能是巨大的。”</blockquote></p><p> The $500 price target is based on a multiple of 16x estimated fiscal 2024 revenue of $8.2 billion. The analyst estimates Coinbase to report revenue of $6.1 billion in fiscal 2021 and $6.3 billion in fiscal 2022.</p><p><blockquote>500美元的目标价是基于2024财年预计收入82亿美元的16倍。该分析师预计Coinbase 2021财年营收为61亿美元，2022财年营收为63亿美元。</blockquote></p><p> “We believe COIN should be regarded as a market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers’ behaviors and their adoption of new technology,” the analyst said, adding that there are other comparable category leaders such as&nbsp;<b>Zoom Video Communications Inc</b>,<b>Tesla Inc</b>&nbsp;and&nbsp;<b>Snowflake Inc</b>.</p><p><blockquote>这位分析师表示：“我们认为，COIN应该被视为该类别的市场领导者，该类别的特点是在消费者行为的重大变化及其对新技术的采用的推动下实现快速且明显可持续的增长。”他补充说，还有其他类似的类别领导者，例如<b>Zoom Video通信公司</b>,<b>特斯拉公司</b>和<b>雪花公司</b>.</blockquote></p><p> <b>COIN Price Action:</b>Shares of Coinbase are down 1.68% to $322.75 on&nbsp;Thursday.</p><p><blockquote><b>硬币价格走势：</b>Coinbase股价周四下跌1.68%，至322.75美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160288453","content_text":"One of most anticipated IPOs of 2021 took place Wednesday with Coinbase Global hitting the public markets. The cryptocurrency exchange companyopenedfor trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price.\nThe Coinbase Analyst:BTIG analyst Mark Palmer initiated shares of Coinbase with a Buy rating and $500 price target.\nThe Analyst Takeaways: Palmer called Coinbase the gold standard among digital asset exchanges.\nCoinbase is seeing rapid growth as the crypto ecosystem expands and its increased use is a tailwind for the company going forward.\n“We believe COIN, the most popular consumer-facing cryptocurrency exchange in the U.S., is positioned to be a primary beneficiary of the increased adoption of Bitcoin and other digital assets as it continues to scale in the U.S. and internationally,” Palmer said.\nCoinbase reported revenue of $1.8 billion for the first quarter, which was more than its entire fiscal 2020. One concern was the company’s cautious tone that the first-quarter results shouldn’t be viewed as a representation of its run rate.\n“We believe they demonstrated the platform’s ability to generate explosive growth,” the analyst noted.\nAnother concern for Coinbase is its dependence on transaction fees (96% of 2020 revenue), which could make the company volatile to the crypto markets. The analyst said Coinbase is diversifying its revenue stream.\nCoinbase reported an 11.3% market share for the amount of the world’s crypto assets held in the first quarter. “This market share is at the core of our bullish thesis on COIN, the company’s upside could be immense,” Palmer said\nThe $500 price target is based on a multiple of 16x estimated fiscal 2024 revenue of $8.2 billion. The analyst estimates Coinbase to report revenue of $6.1 billion in fiscal 2021 and $6.3 billion in fiscal 2022.\n“We believe COIN should be regarded as a market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers’ behaviors and their adoption of new technology,” the analyst said, adding that there are other comparable category leaders such as Zoom Video Communications Inc,Tesla Inc and Snowflake Inc.\nCOIN Price Action:Shares of Coinbase are down 1.68% to $322.75 on Thursday.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338665776,"gmtCreate":1609900796795,"gmtModify":1703741175573,"author":{"id":"3572398673005116","authorId":"3572398673005116","name":"TraderGw","avatar":"https://static.tigerbbs.com/aca8db80dc59388010d0fbbafecdeb6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572398673005116","idStr":"3572398673005116"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>不管结果如何希望大家切记，留得青山在 不怕没柴烧啊","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>不管结果如何希望大家切记，留得青山在 不怕没柴烧啊","text":"$Sundial Growers Inc.(SNDL)$不管结果如何希望大家切记，留得青山在 不怕没柴烧啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/338665776","isVote":1,"tweetType":1,"viewCount":2585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}