EliY的个人主页 - 老虎社区

EliY

EliY

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15粉丝

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0勋章

2021-08-26

$Zomedica Pharmaceuticals Corp.(ZOM)$Up 30% but i’m still ay 34% loss 😂 dont know to laugh or cry hahaha

2021-06-22

$Torchlight Energy Resources(TRCH)$I need youto hold on heaven is a place not too far away~ 🎶🤣

2021-06-09

$Senseonics(SENS)$Almost sell off when sens kept hovering around 2.86-2.92.......... Thankfully I didn’t!!!! 🙏🏻

2021-08-10

$Innerscope Hearing Technologies, Inc.(INND)$Can you get any lower..: [Cry] why is it still like that after going pink current!!!

2021-06-24

$Innerscope Hearing Technologies, Inc.(INND)$[Cry]

2021-06-08

Awesome!

抱歉，原内容已删除

2021-06-11

$Senseonics(SENS)$Excited for tonight.... pls keep it UPPPPP 😜

2021-06-11

$Tencent Music(TME)$Up today?

2021-07-21

Hey

抱歉，原内容已删除

2021-06-16

$Torchlight Energy Resources(TRCH)$TO THE MOOOOOON 🚀

去老虎APP查看更多动态

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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2090,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843626695,"gmtCreate":1635825698517,"gmtModify":1635825698618,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>Finally?!???!!!!!!!???!!! Please keep going up... 🚀&nbsp;","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>Finally?!???!!!!!!!???!!! Please keep going up... 🚀&nbsp;","text":"$Innerscope Hearing Technologies, Inc.(INND)$Finally?!???!!!!!!!???!!! Please keep going up... 🚀","images":[{"img":"https://static.tigerbbs.com/46c734c24d7982bc9e1c669aa2719c22","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843626695","isVote":1,"tweetType":1,"viewCount":2661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":843056833,"gmtCreate":1635784151922,"gmtModify":1635784152019,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843056833","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? 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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852803771,"gmtCreate":1635256054803,"gmtModify":1635256109594,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>Sold only 11 of it&nbsp;and it’s already 56.15 USD?? Cheap thrills 😂 shall continue to have faith in OCGN... lets go!!!","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>Sold only 11 of it&nbsp;and it’s already 56.15 USD?? Cheap thrills 😂 shall continue to have faith in OCGN... lets go!!!","text":"$Histogenics(OCGN)$Sold only 11 of it and it’s already 56.15 USD?? Cheap thrills 😂 shall continue to have faith in OCGN... lets go!!!","images":[{"img":"https://static.tigerbbs.com/7f13933807ae8e77c7ace7b037b3f11e","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852803771","isVote":1,"tweetType":1,"viewCount":3068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":837454171,"gmtCreate":1629907701093,"gmtModify":1631885192313,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ZOM\">$Zomedica Pharmaceuticals Corp.(ZOM)$</a>Up 30% but i’m still ay 34% loss 😂 dont know to laugh or cry hahaha","listText":"<a href=\"https://laohu8.com/S/ZOM\">$Zomedica Pharmaceuticals Corp.(ZOM)$</a>Up 30% but i’m still ay 34% loss 😂 dont know to laugh or cry hahaha","text":"$Zomedica Pharmaceuticals Corp.(ZOM)$Up 30% but i’m still ay 34% loss 😂 dont know to laugh or cry hahaha","images":[{"img":"https://static.tigerbbs.com/5c94d0dd80abec6288a0725dddd0000b","width":"828","height":"1434"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":11,"repostSize":0,"link":"https://laohu8.com/post/837454171","isVote":1,"tweetType":1,"viewCount":5868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896436202,"gmtCreate":1628600111906,"gmtModify":1631886457221,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>Can you get any lower..: [Cry]&nbsp;why is it still like that after going pink&nbsp;current!!!","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>Can you get any lower..: [Cry]&nbsp;why is it still like that after going pink&nbsp;current!!!","text":"$Innerscope Hearing Technologies, Inc.(INND)$Can you get any lower..: [Cry] why is it still like that after going pink current!!!","images":[{"img":"https://static.tigerbbs.com/e22e15798a35c873765f830264ef46d0","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":2,"link":"https://laohu8.com/post/896436202","isVote":1,"tweetType":1,"viewCount":4041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893860708,"gmtCreate":1628255447504,"gmtModify":1633752216820,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"W","listText":"W","text":"W","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893860708","repostId":"1181051774","repostType":4,"repost":{"id":"1181051774","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":1628251057,"share":"https://www.laohunote.com/m/news/1181051774?lang=zh_CN&edition=full","pubTime":"2021-08-06 19:57","market":"us","language":"en","title":"Toplines Before US Market Open On Friday<blockquote>周五美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181051774","media":"Tiger Newspress","summary":"Payrolls data exceed estimates; U.S. index futures mixed.\nNonfarm payrolls increase 943,000 in July ","content":"<p><ul>  <li>Payrolls data exceed estimates; U.S. index futures mixed.</li>  <li><b>Nonfarm payrolls increase 943,000 in July vs. 845,000 estimate.</b></li>  <li>Futures : Dow &nbsp;up&nbsp;0.04%, S&amp;P up&nbsp;0.03%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> down&nbsp;0.12%.</li>  <li>Oil prices rose on Friday.</li>  <li>Didi Global,&nbsp;Beyond Meat,&nbsp;Virgin Galactic&nbsp;made&nbsp;the&nbsp;biggest moves premarket.</li> </ul> <i><b>(Update: Aug 6, 2021 at 08:41 a.m. ET)</b></i></p><p><blockquote><ul><li>就业数据超出预期；美国指数期货涨跌互现。</li><li><b>7 月份非农就业人数增加 94.3 万人，而预期为 84.5 万人。</b></li><li>期货：道琼斯指数上涨0.04%，标准普尔指数上涨0.03%，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>下跌0.12%。</li><li>周五油价上涨。</li><li>滴滴全球、Beyond Meat、维珍银河在上市前做出了最大的动作。</li></ul><i><b>（更新时间：美国东部时间 2021 年 8 月 6 日上午 08:41）</b></i></blockquote></p><p> (Aug 6)&nbsp;U.S. stock futures wavered Friday ahead of quarterly earnings and a jobs report that will give insights into the pace of business activity andthe economic rebound.</p><p><blockquote>（8月6日）美国周五，在季度收益和就业报告发布之前，股票期货出现波动，这些报告将深入了解商业活动的步伐和经济反弹。</blockquote></p><p> At 08:41 a.m. ET, Dow E-minis were up 13 points, or 0.04%, S&amp;P 500 E-minis were up 1.5&nbsp;points, or 0.03% and Nasdaq 100 E-minis fell 17.75 points, or 0.12%.</p><p><blockquote>美国东部时间上午 08:41，道琼斯电子迷你指数上涨 13 点，即 0.04%，标普500电子迷你指数上涨 1.5 点，即 0.03%，纳斯达克 100 电子迷你指数下跌 17.75 点，即 0.12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/be7901a56ec3778de82d93af12829dfd\" tg-width=\"1242\" tg-height=\"489\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b>1)&nbsp;Canopy Growth(CGC)</b> – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street forecasts.</p><p><blockquote><b>1)冠层生长(CGC)</b>- 由于大麻需求上升和成本削减，这家加拿大大麻生产商公布了意外的季度利润，该公司股价盘前上涨了 1.9%。尽管收入低于华尔街的预测，但这一增长还是出现了。</blockquote></p><p> <b>2)&nbsp;Gannett(GCI) </b>– The USA Today publisher earned 10 cents per share for its latest quarter, compared with forecasts of a 36 cents per share loss. Revenue also topped Wall Street forecasts. The company saw digital subscriber numbers jump 41% from a year earlier, and the stock rallied 6.3% in the premarket.</p><p><blockquote><b>2)甘尼特(GCI)</b>– 《今日美国》出版商最新季度每股收益为 10 美分，而预测为每股亏损 36 美分。收入也超出了华尔街的预期。该公司的数字用户数量较去年同期增长了 41%，股价在盘前上涨了 6.3%。</blockquote></p><p> <b>3)&nbsp;DraftKings(DKNG)</b> – The sports betting company’s stock jumped 3.5% premarket after it reported better-than-expected quarterly profit and revenue and raised its revenue forecast for the full year. DraftKings saw significant gains in a number of key metrics, including a 26% jump in monthly revenue per user.</p><p><blockquote><b>3) DraftKings（DKNG）</b>- 这家体育博彩公司公布的季度利润和收入好于预期，并上调了全年收入预期，其股价盘前大涨 3.5%。DraftKings在许多关键指标上都取得了显著进步，包括每个用户的月收入增长了26%。</blockquote></p><p> <b>4)&nbsp;Novavax(NVAX)</b> – Novavax shares tumbled 11.7% in premarket trading after the drugmaker said it would delay seeking emergency use authorization for its Covid-19 vaccine until the fourth quarter. Novavax also posted a wider-than-expected loss and saw revenue fall below Wall Street forecasts.</p><p><blockquote><b>4）诺瓦瓦克斯（NVAX）</b>– Novavax 股价在盘前交易中暴跌 11.7%，此前该制药商表示将推迟到第四季度寻求其 Covid-19 疫苗的紧急使用授权。Novavax 的亏损也超出预期，收入低于华尔街预测。</blockquote></p><p> <b>5)&nbsp;Didi Global(DIDI)</b> – Didi gained 4.1% in premarket action, following a Bloomberg report saying the China-based ride-hailing company was considering giving up control of its data to help resolve a regulatory probe by the Chinese government.</p><p><blockquote><b>5）滴滴全球（DIDI）</b>– 彭博社报道称，这家总部位于中国的打车公司滴滴正在考虑放弃对其数据的控制权，以帮助解决中国政府的监管调查，此后滴滴在盘前股价上涨了 4.1%。</blockquote></p><p> <b>6)&nbsp;Zillow Group(ZG)</b> - Zillow reported adjusted quarterly earnings of 44 cents per share, 20 cents above estimates, with the real estate website operator’s revenue above estimates as well. Zillow also gave an upbeat growth forecast, as it scales up its home-flipping business, and said it expects sales this quarter to exceed $2 billion for the first time. Zillow added 1.8% in the premarket.</p><p><blockquote><b>6) Zillow集团(ZG)</b>- Zillow 公布的调整后季度收益为每股 44 美分，比预期高出 20 美分，这家房地产网站运营商的收入也高于预期。Zillow 还给出了乐观的增长预测，因为它扩大了房屋翻转业务的规模，并表示预计本季度销售额将首次超过 20 亿美元。Zillow 盘前上涨 1.8%。</blockquote></p><p> <b>7)&nbsp;Virgin Galactic(SPCE)</b> – Virgin Galactic lost 39 cents per share for its latest quarter, 6 cents more than expected, though the space flight company did report much better-than-expected revenue. It also announced it will sell seats for space tourism flights at $450,000 and up. The stock was up 3.1% in premarket trading.</p><p><blockquote><b>7) 维珍银河 (SPCE)</b>– 维珍银河最新季度每股亏损 39 美分，比预期高出 6 美分，尽管这家太空飞行公司报告的收入确实远好于预期。它还宣布将以45万美元及以上的价格出售太空旅游航班的座位。该股在盘前交易中上涨 3.1%。</blockquote></p><p> <b>8)&nbsp;Beyond Meat(BYND)</b> – Beyond Meat slid 3.7% in premarket action after it reported a quarterly loss of 31 cents per share, 7 cents wider than expected. Revenue for the maker of plant-based meat alternatives did come in above Street forecasts, but it gave a cautious outlook due to “more conservative” orders by its customers due to Covid-related uncertainty.</p><p><blockquote><b>8) Beyond Meat（BYND）</b>– Beyond Meat公布季度每股亏损 31 美分，比预期扩大 7 美分，盘前下跌 3.7%。这家植物性肉类替代品制造商的收入确实高于华尔街的预期，但由于与 Covid 相关的不确定性，客户的订单 “更加保守 ”，该公司给出了谨慎的前景。</blockquote></p><p> <b>9)&nbsp;Dropbox(DBX) </b>– Dropbox shares gained 3.5% in premarket trading after its adjusted earnings of 40 cents per share beat estimates by 7 cents and the cloud storage company’s revenue came in above forecasts as well.</p><p><blockquote><b>9) Dropbox(DBX)</b>- Dropbox 股价在盘前交易中上涨了 3.5%，调整后每股收益为 40 美分，超出预期 7 美分，这家云存储公司的收入也高于预期。</blockquote></p><p> <b>10)&nbsp;Cornerstone OnDemand(CSOD) </b>– Cornerstone agreed to be bought out by private equity firm Clearlake Capital Group. Clearlake will pay about $3.8 billion, or $57.50 per share in cash for the cloud computing firm. Cornerstone surged 13.3% in the premarket.</p><p><blockquote><b>10) Cornerstone OnDemand(CSOD)</b>– Cornerstone 同意被私募股权公司 Clearlake Capital Group 收购。Clearlake 将向这家云计算公司支付约 38 亿美元，即每股 57.50 美元现金。Cornerstone 盘前飙升 13.3%。</blockquote></p><p> <b>11)&nbsp;Zynga(ZNGA) </b>– Zynga shares plunged 15.8% in the premarket after the mobile gaming company gave a disappointing full-year forecast, anticipating a slowdown in gaming. Zynga also reported adjusted quarterly earnings of 4 cents per share, 5 cents shy of estimates, with revenue below estimates as well.</p><p><blockquote><b>11) Zynga(ZNGA)</b>– Zynga 股价在盘前暴跌 15.8%，此前这家移动游戏公司给出了令人失望的全年预测，预计游戏行业将放缓。Zynga 还公布调整后每股季度收益为 4 美分，比预期低 5 美分，收入也低于预期。</blockquote></p><p> <b>12)&nbsp;Carvana(CVNA) </b>– Carvana shares rallied 11.3% in premarket trading after the online used-car retailer posted an unexpected profit – its first ever - for its latest quarter. The company’s revenue also exceeded analyst forecasts by a wide margin. Auto sales, in general, have enjoyed a boom in demand since the pandemic began last year.</p><p><blockquote><b>12) 大篷车（CVNA）</b>– 在线二手车零售商 Carvana 公布最新季度首次意外盈利后，其股价在盘前交易中上涨 11.3%。该公司的收入也大大超出了分析师的预测。总体而言，自去年疫情爆发以来，汽车销售需求蓬勃发展。</blockquote></p><p></p><p> <b>13)&nbsp;Yelp(YELP)</b> – Yelp earned 5 cents per share for its latest quarter, compared with consensus forecasts for a 9 cents per share loss. The online review site operator also reported better-than-expected revenue and boosted its full-year forecast as ad revenue continues to strengthen. Shares surged 12.9% in premarket action.</p><p><blockquote><b>13）Yelp</b>– Yelp 最新季度每股收益为 5 美分，而市场普遍预测为每股亏损 9 美分。这家在线评论网站运营商还公布了好于预期的收入，并随着广告收入持续走强，上调了全年预测。股价在盘前交易中飙升 12.9%。</blockquote></p><p> <b>In FX,</b> the Bloomberg Dollar Spot Index was up 0.2%; the dollar rallied ahead of key U.S. jobs data that’s set to put a focus on the Federal Reserve’s policy outlook amid calls from officials to pare bond purchases. The greenback strengthened against all its G-10 peers, with the euro and the Norwegian krone among the biggest decliners. “A strong U.S. jobs number today should see the U.S. money market rates continue to work their way back to the highs seen in early July. This should support the dollar against the low- yielders of JPY and EUR,” said ING analysts including Chris Turner. Thursday’s release showing a second weekly drop in U.S. jobless claims stoked expectations for strong payrolls data and ignoring the huge ADP payrolls miss. Short-term accounts are carrying short AUD/USD positions into the report, according to FX traders. The Thai baht led losses among emerging markets currencies, emblematic of how a surge in coronavirus infections and deaths in some countries around the world is hitting confidence in their currencies and economies. Turkey's lira was down 0.8% in its fourth straight day of losses .</p><p><blockquote><b>在外汇中，</b>彭博美元现货指数上涨0.2%；在美国主要就业数据公布之前，美元反弹，这些数据将使人们关注美联储的政策前景，因为官员们评级削减债券购买规模。美元兑所有 G-10 货币走强，欧元和挪威克朗跌幅最大。包括克里斯-特纳（Chris Turner）在内的荷兰国际集团（ING）分析师表示：“今天强劲的美国就业数据应该会让美国货币市场利率继续回到7月初的高点。这应该会支撑美元兑日元和欧元的低收益货币。”周四公布的美国初请失业金人数第二周下降，这激发了人们对强劲就业数据的预期，而忽略了ADP的巨大就业人数缺口。据外汇交易员称，短期账户将澳元/美元空头头寸纳入报告。泰铢领跌新兴市场货币，象征着世界一些国家冠状病毒感染和死亡人数的激增如何打击了人们对其货币和经济的信心。土耳其里拉连续第四天下跌 0.8%。</blockquote></p><p> “EUR/USD is dropping toward 1.18 as short-term U.S. rates creeps higher before NFP,” say Danske Bank analysts including Jens Naervig Pedersen. “An ongoing strengthening of the labor market combined with rising inflation as the CPI-numbers are published next week is significant for the monetary policy outlook as shown by the recent hawkish comments from Fed’s vice chairman Clarida regarding tapering and rate hikes”</p><p><blockquote>“包括延斯-纳尔维格-佩德森（Jens Naervig Pedersen）在内的丹麦银行分析师表示：”随着美国短期利率在非农就业前逐步走高，欧元/美元正跌向 1.18。“随着下周CPI数据的公布，劳动力市场的持续走强加上通胀上升，这对货币政策前景至关重要，美联储副主席克拉里达最近关于缩减规模和加息的鹰派言论就证明了这一点。”</blockquote></p><p> <b>In rates, </b>treasuries traded heavy across long-end of the curve, with the bear steepening move extended following large block sale in ultra-long bond futures shortly after 6am ET. 10-Year Treasury yields rose u to around 1.255%, cheaper by 3.2bp on the day and underperforming bunds by 1.5bp; long-end led losses steepens 2s10s, 5s30s spread by 2.3bp and 1.6bp on the day.&nbsp; Pockets of selling also emerged during Asia session as futures drifted lower, leaving yields cheaper by up to 4bp across long-end ahead of 8:30am ET July jobs report.</p><p><blockquote><b>在费率上，</b>美国国债在曲线的长端交投强劲，美国东部时间早上 6 点过后不久，超长期债券期货出现大规模抛售，导致看跌走势延长。10年期国债收益率升至1.255%左右，当日下跌3.2个基点，表现不佳的国债收益率下跌1.5个基点；2S10和5S30的长端led损失在当天扩大了2.3个基点和1.6个基点。随着期货走低，亚洲时段也出现了一些抛售，导致在美国东部时间上午8:30公布7月就业报告之前，长端收益率下跌了4个基点。</blockquote></p><p> <b>In commodities,</b> oil prices rose on Friday but were still set for their biggest weekly loss since October after falls earlier in the week triggered by rising COVID-19 cases and a surprise build in U.S. crude stockpiles. WTI crude was $69.99 a barrel, up 0.47%. Brent crude traded at $72.22 per barrel, up 1.29%. The stronger dollar and potential for higher yields hurt gold with the spot price down 0.41% at $1,796.52. Ether the world's second largest cryptocurrency dropped 3% a day after a major software upgrade to its underlying ethereum blockchain, which is expected to stabilise transaction fees and reduce supply of the token.</p><p><blockquote><b>在大宗商品方面，</b>油价周五上涨，但在本周早些时候因 COVID-19 病例增加和美国原油库存意外增加而下跌后，油价仍有望创下 10 月份以来的最大单周跌幅。WTI原油为每桶69.99美元，上涨0.47%。布伦特原油交易价格为每桶72.22美元，上涨1.29%。美元走强和收益率上升的潜力损害了黄金，现货价格下跌 0.41%，至 1,796.52 美元。全球第二大加密货币以太币在对其底层以太币区块链进行重大软件升级后，每天下跌 3%，预计这将稳定交易费用并减少代币供应。</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 Friday<blockquote>周五美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open On Friday<blockquote>周五美国市场开盘前的顶线</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\">2021-08-06 19:57</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li>Payrolls data exceed estimates; U.S. index futures mixed.</li>  <li><b>Nonfarm payrolls increase 943,000 in July vs. 845,000 estimate.</b></li>  <li>Futures : Dow &nbsp;up&nbsp;0.04%, S&amp;P up&nbsp;0.03%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> down&nbsp;0.12%.</li>  <li>Oil prices rose on Friday.</li>  <li>Didi Global,&nbsp;Beyond Meat,&nbsp;Virgin Galactic&nbsp;made&nbsp;the&nbsp;biggest moves premarket.</li> </ul> <i><b>(Update: Aug 6, 2021 at 08:41 a.m. ET)</b></i></p><p><blockquote><ul><li>就业数据超出预期；美国指数期货涨跌互现。</li><li><b>7 月份非农就业人数增加 94.3 万人，而预期为 84.5 万人。</b></li><li>期货：道琼斯指数上涨0.04%，标准普尔指数上涨0.03%，<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>下跌0.12%。</li><li>周五油价上涨。</li><li>滴滴全球、Beyond Meat、维珍银河在上市前做出了最大的动作。</li></ul><i><b>（更新时间：美国东部时间 2021 年 8 月 6 日上午 08:41）</b></i></blockquote></p><p> (Aug 6)&nbsp;U.S. stock futures wavered Friday ahead of quarterly earnings and a jobs report that will give insights into the pace of business activity andthe economic rebound.</p><p><blockquote>（8月6日）美国周五，在季度收益和就业报告发布之前，股票期货出现波动，这些报告将深入了解商业活动的步伐和经济反弹。</blockquote></p><p> At 08:41 a.m. ET, Dow E-minis were up 13 points, or 0.04%, S&amp;P 500 E-minis were up 1.5&nbsp;points, or 0.03% and Nasdaq 100 E-minis fell 17.75 points, or 0.12%.</p><p><blockquote>美国东部时间上午 08:41，道琼斯电子迷你指数上涨 13 点，即 0.04%，标普500电子迷你指数上涨 1.5 点，即 0.03%，纳斯达克 100 电子迷你指数下跌 17.75 点，即 0.12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/be7901a56ec3778de82d93af12829dfd\" tg-width=\"1242\" tg-height=\"489\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> <b>1)&nbsp;Canopy Growth(CGC)</b> – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street forecasts.</p><p><blockquote><b>1)冠层生长(CGC)</b>- 由于大麻需求上升和成本削减，这家加拿大大麻生产商公布了意外的季度利润，该公司股价盘前上涨了 1.9%。尽管收入低于华尔街的预测，但这一增长还是出现了。</blockquote></p><p> <b>2)&nbsp;Gannett(GCI) </b>– The USA Today publisher earned 10 cents per share for its latest quarter, compared with forecasts of a 36 cents per share loss. Revenue also topped Wall Street forecasts. The company saw digital subscriber numbers jump 41% from a year earlier, and the stock rallied 6.3% in the premarket.</p><p><blockquote><b>2)甘尼特(GCI)</b>– 《今日美国》出版商最新季度每股收益为 10 美分，而预测为每股亏损 36 美分。收入也超出了华尔街的预期。该公司的数字用户数量较去年同期增长了 41%，股价在盘前上涨了 6.3%。</blockquote></p><p> <b>3)&nbsp;DraftKings(DKNG)</b> – The sports betting company’s stock jumped 3.5% premarket after it reported better-than-expected quarterly profit and revenue and raised its revenue forecast for the full year. DraftKings saw significant gains in a number of key metrics, including a 26% jump in monthly revenue per user.</p><p><blockquote><b>3) DraftKings（DKNG）</b>- 这家体育博彩公司公布的季度利润和收入好于预期，并上调了全年收入预期，其股价盘前大涨 3.5%。DraftKings在许多关键指标上都取得了显著进步，包括每个用户的月收入增长了26%。</blockquote></p><p> <b>4)&nbsp;Novavax(NVAX)</b> – Novavax shares tumbled 11.7% in premarket trading after the drugmaker said it would delay seeking emergency use authorization for its Covid-19 vaccine until the fourth quarter. Novavax also posted a wider-than-expected loss and saw revenue fall below Wall Street forecasts.</p><p><blockquote><b>4）诺瓦瓦克斯（NVAX）</b>– Novavax 股价在盘前交易中暴跌 11.7%，此前该制药商表示将推迟到第四季度寻求其 Covid-19 疫苗的紧急使用授权。Novavax 的亏损也超出预期，收入低于华尔街预测。</blockquote></p><p> <b>5)&nbsp;Didi Global(DIDI)</b> – Didi gained 4.1% in premarket action, following a Bloomberg report saying the China-based ride-hailing company was considering giving up control of its data to help resolve a regulatory probe by the Chinese government.</p><p><blockquote><b>5）滴滴全球（DIDI）</b>– 彭博社报道称，这家总部位于中国的打车公司滴滴正在考虑放弃对其数据的控制权，以帮助解决中国政府的监管调查，此后滴滴在盘前股价上涨了 4.1%。</blockquote></p><p> <b>6)&nbsp;Zillow Group(ZG)</b> - Zillow reported adjusted quarterly earnings of 44 cents per share, 20 cents above estimates, with the real estate website operator’s revenue above estimates as well. Zillow also gave an upbeat growth forecast, as it scales up its home-flipping business, and said it expects sales this quarter to exceed $2 billion for the first time. Zillow added 1.8% in the premarket.</p><p><blockquote><b>6) Zillow集团(ZG)</b>- Zillow 公布的调整后季度收益为每股 44 美分，比预期高出 20 美分，这家房地产网站运营商的收入也高于预期。Zillow 还给出了乐观的增长预测，因为它扩大了房屋翻转业务的规模，并表示预计本季度销售额将首次超过 20 亿美元。Zillow 盘前上涨 1.8%。</blockquote></p><p> <b>7)&nbsp;Virgin Galactic(SPCE)</b> – Virgin Galactic lost 39 cents per share for its latest quarter, 6 cents more than expected, though the space flight company did report much better-than-expected revenue. It also announced it will sell seats for space tourism flights at $450,000 and up. The stock was up 3.1% in premarket trading.</p><p><blockquote><b>7) 维珍银河 (SPCE)</b>– 维珍银河最新季度每股亏损 39 美分，比预期高出 6 美分，尽管这家太空飞行公司报告的收入确实远好于预期。它还宣布将以45万美元及以上的价格出售太空旅游航班的座位。该股在盘前交易中上涨 3.1%。</blockquote></p><p> <b>8)&nbsp;Beyond Meat(BYND)</b> – Beyond Meat slid 3.7% in premarket action after it reported a quarterly loss of 31 cents per share, 7 cents wider than expected. Revenue for the maker of plant-based meat alternatives did come in above Street forecasts, but it gave a cautious outlook due to “more conservative” orders by its customers due to Covid-related uncertainty.</p><p><blockquote><b>8) Beyond Meat（BYND）</b>– Beyond Meat公布季度每股亏损 31 美分，比预期扩大 7 美分，盘前下跌 3.7%。这家植物性肉类替代品制造商的收入确实高于华尔街的预期，但由于与 Covid 相关的不确定性，客户的订单 “更加保守 ”，该公司给出了谨慎的前景。</blockquote></p><p> <b>9)&nbsp;Dropbox(DBX) </b>– Dropbox shares gained 3.5% in premarket trading after its adjusted earnings of 40 cents per share beat estimates by 7 cents and the cloud storage company’s revenue came in above forecasts as well.</p><p><blockquote><b>9) Dropbox(DBX)</b>- Dropbox 股价在盘前交易中上涨了 3.5%，调整后每股收益为 40 美分，超出预期 7 美分，这家云存储公司的收入也高于预期。</blockquote></p><p> <b>10)&nbsp;Cornerstone OnDemand(CSOD) </b>– Cornerstone agreed to be bought out by private equity firm Clearlake Capital Group. Clearlake will pay about $3.8 billion, or $57.50 per share in cash for the cloud computing firm. Cornerstone surged 13.3% in the premarket.</p><p><blockquote><b>10) Cornerstone OnDemand(CSOD)</b>– Cornerstone 同意被私募股权公司 Clearlake Capital Group 收购。Clearlake 将向这家云计算公司支付约 38 亿美元，即每股 57.50 美元现金。Cornerstone 盘前飙升 13.3%。</blockquote></p><p> <b>11)&nbsp;Zynga(ZNGA) </b>– Zynga shares plunged 15.8% in the premarket after the mobile gaming company gave a disappointing full-year forecast, anticipating a slowdown in gaming. Zynga also reported adjusted quarterly earnings of 4 cents per share, 5 cents shy of estimates, with revenue below estimates as well.</p><p><blockquote><b>11) Zynga(ZNGA)</b>– Zynga 股价在盘前暴跌 15.8%，此前这家移动游戏公司给出了令人失望的全年预测，预计游戏行业将放缓。Zynga 还公布调整后每股季度收益为 4 美分，比预期低 5 美分，收入也低于预期。</blockquote></p><p> <b>12)&nbsp;Carvana(CVNA) </b>– Carvana shares rallied 11.3% in premarket trading after the online used-car retailer posted an unexpected profit – its first ever - for its latest quarter. The company’s revenue also exceeded analyst forecasts by a wide margin. Auto sales, in general, have enjoyed a boom in demand since the pandemic began last year.</p><p><blockquote><b>12) 大篷车（CVNA）</b>– 在线二手车零售商 Carvana 公布最新季度首次意外盈利后，其股价在盘前交易中上涨 11.3%。该公司的收入也大大超出了分析师的预测。总体而言，自去年疫情爆发以来，汽车销售需求蓬勃发展。</blockquote></p><p></p><p> <b>13)&nbsp;Yelp(YELP)</b> – Yelp earned 5 cents per share for its latest quarter, compared with consensus forecasts for a 9 cents per share loss. The online review site operator also reported better-than-expected revenue and boosted its full-year forecast as ad revenue continues to strengthen. Shares surged 12.9% in premarket action.</p><p><blockquote><b>13）Yelp</b>– Yelp 最新季度每股收益为 5 美分，而市场普遍预测为每股亏损 9 美分。这家在线评论网站运营商还公布了好于预期的收入，并随着广告收入持续走强，上调了全年预测。股价在盘前交易中飙升 12.9%。</blockquote></p><p> <b>In FX,</b> the Bloomberg Dollar Spot Index was up 0.2%; the dollar rallied ahead of key U.S. jobs data that’s set to put a focus on the Federal Reserve’s policy outlook amid calls from officials to pare bond purchases. The greenback strengthened against all its G-10 peers, with the euro and the Norwegian krone among the biggest decliners. “A strong U.S. jobs number today should see the U.S. money market rates continue to work their way back to the highs seen in early July. This should support the dollar against the low- yielders of JPY and EUR,” said ING analysts including Chris Turner. Thursday’s release showing a second weekly drop in U.S. jobless claims stoked expectations for strong payrolls data and ignoring the huge ADP payrolls miss. Short-term accounts are carrying short AUD/USD positions into the report, according to FX traders. The Thai baht led losses among emerging markets currencies, emblematic of how a surge in coronavirus infections and deaths in some countries around the world is hitting confidence in their currencies and economies. Turkey's lira was down 0.8% in its fourth straight day of losses .</p><p><blockquote><b>在外汇中，</b>彭博美元现货指数上涨0.2%；在美国主要就业数据公布之前，美元反弹，这些数据将使人们关注美联储的政策前景，因为官员们评级削减债券购买规模。美元兑所有 G-10 货币走强，欧元和挪威克朗跌幅最大。包括克里斯-特纳（Chris Turner）在内的荷兰国际集团（ING）分析师表示：“今天强劲的美国就业数据应该会让美国货币市场利率继续回到7月初的高点。这应该会支撑美元兑日元和欧元的低收益货币。”周四公布的美国初请失业金人数第二周下降，这激发了人们对强劲就业数据的预期，而忽略了ADP的巨大就业人数缺口。据外汇交易员称，短期账户将澳元/美元空头头寸纳入报告。泰铢领跌新兴市场货币，象征着世界一些国家冠状病毒感染和死亡人数的激增如何打击了人们对其货币和经济的信心。土耳其里拉连续第四天下跌 0.8%。</blockquote></p><p> “EUR/USD is dropping toward 1.18 as short-term U.S. rates creeps higher before NFP,” say Danske Bank analysts including Jens Naervig Pedersen. “An ongoing strengthening of the labor market combined with rising inflation as the CPI-numbers are published next week is significant for the monetary policy outlook as shown by the recent hawkish comments from Fed’s vice chairman Clarida regarding tapering and rate hikes”</p><p><blockquote>“包括延斯-纳尔维格-佩德森（Jens Naervig Pedersen）在内的丹麦银行分析师表示：”随着美国短期利率在非农就业前逐步走高，欧元/美元正跌向 1.18。“随着下周CPI数据的公布，劳动力市场的持续走强加上通胀上升，这对货币政策前景至关重要，美联储副主席克拉里达最近关于缩减规模和加息的鹰派言论就证明了这一点。”</blockquote></p><p> <b>In rates, </b>treasuries traded heavy across long-end of the curve, with the bear steepening move extended following large block sale in ultra-long bond futures shortly after 6am ET. 10-Year Treasury yields rose u to around 1.255%, cheaper by 3.2bp on the day and underperforming bunds by 1.5bp; long-end led losses steepens 2s10s, 5s30s spread by 2.3bp and 1.6bp on the day.&nbsp; Pockets of selling also emerged during Asia session as futures drifted lower, leaving yields cheaper by up to 4bp across long-end ahead of 8:30am ET July jobs report.</p><p><blockquote><b>在费率上，</b>美国国债在曲线的长端交投强劲，美国东部时间早上 6 点过后不久，超长期债券期货出现大规模抛售，导致看跌走势延长。10年期国债收益率升至1.255%左右，当日下跌3.2个基点，表现不佳的国债收益率下跌1.5个基点；2S10和5S30的长端led损失在当天扩大了2.3个基点和1.6个基点。随着期货走低，亚洲时段也出现了一些抛售，导致在美国东部时间上午8:30公布7月就业报告之前，长端收益率下跌了4个基点。</blockquote></p><p> <b>In commodities,</b> oil prices rose on Friday but were still set for their biggest weekly loss since October after falls earlier in the week triggered by rising COVID-19 cases and a surprise build in U.S. crude stockpiles. WTI crude was $69.99 a barrel, up 0.47%. Brent crude traded at $72.22 per barrel, up 1.29%. The stronger dollar and potential for higher yields hurt gold with the spot price down 0.41% at $1,796.52. Ether the world's second largest cryptocurrency dropped 3% a day after a major software upgrade to its underlying ethereum blockchain, which is expected to stabilise transaction fees and reduce supply of the token.</p><p><blockquote><b>在大宗商品方面，</b>油价周五上涨，但在本周早些时候因 COVID-19 病例增加和美国原油库存意外增加而下跌后，油价仍有望创下 10 月份以来的最大单周跌幅。WTI原油为每桶69.99美元，上涨0.47%。布伦特原油交易价格为每桶72.22美元，上涨1.29%。美元走强和收益率上升的潜力损害了黄金，现货价格下跌 0.41%，至 1,796.52 美元。全球第二大加密货币以太币在对其底层以太币区块链进行重大软件升级后，每天下跌 3%，预计这将稳定交易费用并减少代币供应。</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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181051774","content_text":"Payrolls data exceed estimates; U.S. index futures mixed.\nNonfarm payrolls increase 943,000 in July vs. 845,000 estimate.\nFutures : Dow  up 0.04%, S&P up 0.03%, Nasdaq down 0.12%.\nOil prices rose on Friday.\nDidi Global, Beyond Meat, Virgin Galactic made the biggest moves premarket.\n\n(Update: Aug 6, 2021 at 08:41 a.m. ET)\n(Aug 6) U.S. stock futures wavered Friday ahead of quarterly earnings and a jobs report that will give insights into the pace of business activity andthe economic rebound.\nAt 08:41 a.m. ET, Dow E-minis were up 13 points, or 0.04%, S&P 500 E-minis were up 1.5 points, or 0.03% and Nasdaq 100 E-minis fell 17.75 points, or 0.12%.\n\nStocks making the biggest moves premarket:\n1) Canopy Growth(CGC) – The Canadian cannabis producer’s shares rose 1.9% premarket after it posted an unexpected quarterly profit on rising marijuana demand and cost cuts. The gain comes even as revenue falls short of Wall Street forecasts.\n2) Gannett(GCI) – The USA Today publisher earned 10 cents per share for its latest quarter, compared with forecasts of a 36 cents per share loss. Revenue also topped Wall Street forecasts. The company saw digital subscriber numbers jump 41% from a year earlier, and the stock rallied 6.3% in the premarket.\n3) DraftKings(DKNG) – The sports betting company’s stock jumped 3.5% premarket after it reported better-than-expected quarterly profit and revenue and raised its revenue forecast for the full year. DraftKings saw significant gains in a number of key metrics, including a 26% jump in monthly revenue per user.\n4) Novavax(NVAX) – Novavax shares tumbled 11.7% in premarket trading after the drugmaker said it would delay seeking emergency use authorization for its Covid-19 vaccine until the fourth quarter. Novavax also posted a wider-than-expected loss and saw revenue fall below Wall Street forecasts.\n5) Didi Global(DIDI) – Didi gained 4.1% in premarket action, following a Bloomberg report saying the China-based ride-hailing company was considering giving up control of its data to help resolve a regulatory probe by the Chinese government.\n6) Zillow Group(ZG) - Zillow reported adjusted quarterly earnings of 44 cents per share, 20 cents above estimates, with the real estate website operator’s revenue above estimates as well. Zillow also gave an upbeat growth forecast, as it scales up its home-flipping business, and said it expects sales this quarter to exceed $2 billion for the first time. Zillow added 1.8% in the premarket.\n7) Virgin Galactic(SPCE) – Virgin Galactic lost 39 cents per share for its latest quarter, 6 cents more than expected, though the space flight company did report much better-than-expected revenue. It also announced it will sell seats for space tourism flights at $450,000 and up. The stock was up 3.1% in premarket trading.\n8) Beyond Meat(BYND) – Beyond Meat slid 3.7% in premarket action after it reported a quarterly loss of 31 cents per share, 7 cents wider than expected. Revenue for the maker of plant-based meat alternatives did come in above Street forecasts, but it gave a cautious outlook due to “more conservative” orders by its customers due to Covid-related uncertainty.\n9) Dropbox(DBX) – Dropbox shares gained 3.5% in premarket trading after its adjusted earnings of 40 cents per share beat estimates by 7 cents and the cloud storage company’s revenue came in above forecasts as well.\n10) Cornerstone OnDemand(CSOD) – Cornerstone agreed to be bought out by private equity firm Clearlake Capital Group. Clearlake will pay about $3.8 billion, or $57.50 per share in cash for the cloud computing firm. Cornerstone surged 13.3% in the premarket.\n11) Zynga(ZNGA) – Zynga shares plunged 15.8% in the premarket after the mobile gaming company gave a disappointing full-year forecast, anticipating a slowdown in gaming. Zynga also reported adjusted quarterly earnings of 4 cents per share, 5 cents shy of estimates, with revenue below estimates as well.\n12) Carvana(CVNA) – Carvana shares rallied 11.3% in premarket trading after the online used-car retailer posted an unexpected profit – its first ever - for its latest quarter. The company’s revenue also exceeded analyst forecasts by a wide margin. Auto sales, in general, have enjoyed a boom in demand since the pandemic began last year.\n13) Yelp(YELP) – Yelp earned 5 cents per share for its latest quarter, compared with consensus forecasts for a 9 cents per share loss. The online review site operator also reported better-than-expected revenue and boosted its full-year forecast as ad revenue continues to strengthen. Shares surged 12.9% in premarket action.\nIn FX, the Bloomberg Dollar Spot Index was up 0.2%; the dollar rallied ahead of key U.S. jobs data that’s set to put a focus on the Federal Reserve’s policy outlook amid calls from officials to pare bond purchases. The greenback strengthened against all its G-10 peers, with the euro and the Norwegian krone among the biggest decliners. “A strong U.S. jobs number today should see the U.S. money market rates continue to work their way back to the highs seen in early July. This should support the dollar against the low- yielders of JPY and EUR,” said ING analysts including Chris Turner. Thursday’s release showing a second weekly drop in U.S. jobless claims stoked expectations for strong payrolls data and ignoring the huge ADP payrolls miss. Short-term accounts are carrying short AUD/USD positions into the report, according to FX traders. The Thai baht led losses among emerging markets currencies, emblematic of how a surge in coronavirus infections and deaths in some countries around the world is hitting confidence in their currencies and economies. Turkey's lira was down 0.8% in its fourth straight day of losses .\n“EUR/USD is dropping toward 1.18 as short-term U.S. rates creeps higher before NFP,” say Danske Bank analysts including Jens Naervig Pedersen. “An ongoing strengthening of the labor market combined with rising inflation as the CPI-numbers are published next week is significant for the monetary policy outlook as shown by the recent hawkish comments from Fed’s vice chairman Clarida regarding tapering and rate hikes”\nIn rates, treasuries traded heavy across long-end of the curve, with the bear steepening move extended following large block sale in ultra-long bond futures shortly after 6am ET. 10-Year Treasury yields rose u to around 1.255%, cheaper by 3.2bp on the day and underperforming bunds by 1.5bp; long-end led losses steepens 2s10s, 5s30s spread by 2.3bp and 1.6bp on the day.  Pockets of selling also emerged during Asia session as futures drifted lower, leaving yields cheaper by up to 4bp across long-end ahead of 8:30am ET July jobs report.\nIn commodities, oil prices rose on Friday but were still set for their biggest weekly loss since October after falls earlier in the week triggered by rising COVID-19 cases and a surprise build in U.S. crude stockpiles. WTI crude was $69.99 a barrel, up 0.47%. Brent crude traded at $72.22 per barrel, up 1.29%. The stronger dollar and potential for higher yields hurt gold with the spot price down 0.41% at $1,796.52. Ether the world's second largest cryptocurrency dropped 3% a day after a major software upgrade to its underlying ethereum blockchain, which is expected to stabilise transaction fees and reduce supply of the token.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806513935,"gmtCreate":1627668205527,"gmtModify":1631884679600,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>up moreeeee","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>up moreeeee","text":"$Senseonics(SENS)$up moreeeee","images":[{"img":"https://static.tigerbbs.com/58244052032367e2e3daa0c9ba92c3c2","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/806513935","isVote":1,"tweetType":1,"viewCount":2447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":803907049,"gmtCreate":1627399407881,"gmtModify":1631886457270,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>When will you go up.....","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>When will you go up.....","text":"$Innerscope Hearing Technologies, Inc.(INND)$When will you go up.....","images":[{"img":"https://static.tigerbbs.com/02d53d4a9f5c01be6bbf758a5c6cef7a","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803907049","isVote":1,"tweetType":1,"viewCount":2933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":172494628,"gmtCreate":1626970318464,"gmtModify":1633769182590,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/172494628","repostId":"1154266565","repostType":4,"repost":{"id":"1154266565","kind":"news","pubTimestamp":1626955588,"share":"https://www.laohunote.com/m/news/1154266565?lang=zh_CN&edition=full","pubTime":"2021-07-22 20:06","market":"us","language":"en","title":"How to invest as the Delta variant takes hold<blockquote>随着德尔塔变异毒株的到来，如何投资</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154266565","media":"cnn","summary":"New York When the market is plunging like it did last Friday and on Monday, it's tempting to throw in the towel and sell. Big drops can be scary.But dumping stocks on days when the Dow is getting whacked is usually the wrong thing to do. Stocks roared back Tuesday and were up again Wednesday.If you're investing for the long haul, the best thing you can do is ride out this wave of volatility.\"Stay invested,\" said Seema Shah, chief strategist at Principal Global Investors. Shah told CNN Business t","content":"<p>New York (CNN Business)When the market is plunging like it did last Friday and on Monday, it's tempting to throw in the towel and sell. Big drops can be scary.</p><p><blockquote>纽约（CNN Business）当市场像上周五和周一那样暴跌时，人们很容易认输并卖出。大滴可能会很吓人。</blockquote></p><p> But dumping stocks on days when the Dow is getting whacked is usually the wrong thing to do. Stocks roared back Tuesday and were up again Wednesday.</p><p><blockquote>但在道琼斯指数暴跌的日子里抛售股票通常是错误的做法。周二股市猛烈反弹，周三再次上涨。</blockquote></p><p> Yes, the Delta variant of Covid-19 has led to an alarming uptick in coronavirus cases in the United States and around the globe. But many experts think the massive number of vaccinations that have already taken place will prevent the economy and markets from going into another tailspin.</p><p><blockquote>是的，新冠肺炎的德尔塔变异毒株导致美国和全球冠状病毒病例惊人地上升。但许多专家认为，已经进行的大量疫苗接种将防止经济和市场再次陷入混乱。</blockquote></p><p> If you're investing for the long haul, the best thing you can do is ride out this wave of volatility.</p><p><blockquote>如果你是长期投资，你能做的最好的事情就是度过这波波动。</blockquote></p><p> \"Stay invested,\" said Seema Shah, chief strategist at Principal Global Investors. Shah told CNN Business that the Delta variant is highly unlikely to stop the economic recovery in the US and other parts of the developed world where vaccination rates are high.</p><p><blockquote>“保持投资，”信安全球投资者首席策略师 Seema Shah 表示。沙阿告诉美国有线电视新闻网商业频道，德尔塔变异毒株不太可能阻止美国和其他疫苗接种率高的发达国家的经济复苏。</blockquote></p><p> \"The vaccine is effective,\" she said. \"If cases are rising but hospitalization rates remain low, then the reopening measures from governments will continue.\"</p><p><blockquote>“疫苗是有效的，”她说。“如果病例不断增加，但住院率仍然很低，那么政府的重新开放措施将继续。”</blockquote></p><p> Still, Shah conceded, investors should be more selective. After all, the S&amp;P 500 has nearly doubled from its pandemic lows in March 2020, and not all stocks and sectors will maintain their momentum.</p><p><blockquote>尽管如此，沙阿承认，投资者应该更加有选择性。毕竟，标普500已较 2020 年 3 月的大流行低点翻了一番，并非所有股票和板块都能保持势头。</blockquote></p><p> She thinks defensive sectors might start to pull back a bit. Those include utilities, health care and others companies that pay big dividends and are considered good bond proxies.</p><p><blockquote>她认为防御性板块可能会开始有所回调。其中包括公用事业、医疗保健和其他支付高额股息的公司，被认为是良好的债券代理。</blockquote></p><p> The FAANGs and other big tech stocks, many of which have strong earnings momentum and tons of cash, should continue to rally, she said.</p><p><blockquote>她表示，FAANG 和其他大型科技股应该会继续上涨，其中许多股拥有强劲的盈利势头和大量现金。</blockquote></p><p> <b>Not the time to bail on the market</b></p><p><blockquote><b>现在不是放弃市场的时候</b></blockquote></p><p> So should economic recovery plays in the travel and retail sectors that have pulled back lately on Covid concerns. United (UAL), for example, issued an upbeat outlook after the closing bell Tuesday.</p><p><blockquote>旅游业和零售业的经济复苏也应该如此，这些行业最近因新冠疫情担忧而有所回落。例如，美联航 (UAL) 在周二收盘后发布了乐观的展望。</blockquote></p><p> \"Airlines have been beaten up,\" Shah said. \"But if you assume the reopening will continue, they should enjoy a significant bounceback.\"</p><p><blockquote>“航空公司受到了打击，”沙阿说。“但如果你假设重新开放将继续下去，他们应该会出现显着反弹。”</blockquote></p><p> Stocks may remain bumpy for the foreseeable future, but that shouldn't dissuade investors from sticking with their longer-term investments.</p><p><blockquote>在可预见的未来，股市可能会继续波动，但这不应阻止投资者坚持长期投资。</blockquote></p><p> \"The uncertainty of the past couple of days is warranted for the short term,\" said Peter van der Welle, multi-asset strategist at Robeco. \"But there should be a second leg to the reflation trade.\"</p><p><blockquote>Robeco 多资产策略师 Peter van der Welle 表示：“过去几天的不确定性在短期内是合理的。”“但通货膨胀再膨胀贸易应该有第二阶段。”</blockquote></p><p> Van der Welle noted that there are many reasons to be optimistic about continued gains in consumer spending and retail sales, despite a recent drop in consumer confidence.</p><p><blockquote>范德维勒指出，尽管最近消费者信心下降，但仍有许多理由对消费者支出和零售销售的持续增长持乐观态度。</blockquote></p><p> <b>Buy the dips</b></p><p><blockquote><b>逢低买入</b></blockquote></p><p> Any wariness on the part of consumers — and investors, for that matter — could turn out to be fleeting.</p><p><blockquote>消费者——以及投资者——的任何警惕都可能转瞬即逝。</blockquote></p><p> \"If you are a long-term investor, take advantage of this volatility and add to positions in companies and sectors you really like,\" said Phil Orlando, chief equity market strategist at Federated Hermes.</p><p><blockquote>Federated Hermes 首席股票市场策略师菲尔·奥兰多 (Phil Orlando) 表示：“如果您是长期投资者，请利用这种波动性，增加您真正喜欢的公司和行业的头寸。”</blockquote></p><p> He he belives stocks in cyclical industries that have gotten hit because of Delta variant fears could enjoy the biggest rebounds.</p><p><blockquote>他认为，因德尔塔变异毒株担忧而受到打击的周期性行业的股票可能会迎来最大的反弹。</blockquote></p><p> \"There are stocks that have hit an air pocket that could be very attractive. We love the economically sensitive sectors,\" Orlando added, saying that banks and other financials, industrial firms, retailers and energy stocks may come roaring back.</p><p><blockquote>奥兰多补充道：“有些股票已经触及气穴，可能非常有吸引力。我们喜欢经济敏感行业。”他表示，银行和其他金融、工业公司、零售商和能源股可能会卷土重来。</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>How to invest as the Delta variant takes hold<blockquote>随着德尔塔变异毒株的到来，如何投资</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\">\nHow to invest as the Delta variant takes hold<blockquote>随着德尔塔变异毒株的到来，如何投资</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">cnn</strong><span class=\"h-time small\">2021-07-22 20:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)When the market is plunging like it did last Friday and on Monday, it's tempting to throw in the towel and sell. Big drops can be scary.</p><p><blockquote>纽约（CNN Business）当市场像上周五和周一那样暴跌时，人们很容易认输并卖出。大滴可能会很吓人。</blockquote></p><p> But dumping stocks on days when the Dow is getting whacked is usually the wrong thing to do. Stocks roared back Tuesday and were up again Wednesday.</p><p><blockquote>但在道琼斯指数暴跌的日子里抛售股票通常是错误的做法。周二股市猛烈反弹，周三再次上涨。</blockquote></p><p> Yes, the Delta variant of Covid-19 has led to an alarming uptick in coronavirus cases in the United States and around the globe. But many experts think the massive number of vaccinations that have already taken place will prevent the economy and markets from going into another tailspin.</p><p><blockquote>是的，新冠肺炎的德尔塔变异毒株导致美国和全球冠状病毒病例惊人地上升。但许多专家认为，已经进行的大量疫苗接种将防止经济和市场再次陷入混乱。</blockquote></p><p> If you're investing for the long haul, the best thing you can do is ride out this wave of volatility.</p><p><blockquote>如果你是长期投资，你能做的最好的事情就是度过这波波动。</blockquote></p><p> \"Stay invested,\" said Seema Shah, chief strategist at Principal Global Investors. Shah told CNN Business that the Delta variant is highly unlikely to stop the economic recovery in the US and other parts of the developed world where vaccination rates are high.</p><p><blockquote>“保持投资，”信安全球投资者首席策略师 Seema Shah 表示。沙阿告诉美国有线电视新闻网商业频道，德尔塔变异毒株不太可能阻止美国和其他疫苗接种率高的发达国家的经济复苏。</blockquote></p><p> \"The vaccine is effective,\" she said. \"If cases are rising but hospitalization rates remain low, then the reopening measures from governments will continue.\"</p><p><blockquote>“疫苗是有效的，”她说。“如果病例不断增加，但住院率仍然很低，那么政府的重新开放措施将继续。”</blockquote></p><p> Still, Shah conceded, investors should be more selective. After all, the S&amp;P 500 has nearly doubled from its pandemic lows in March 2020, and not all stocks and sectors will maintain their momentum.</p><p><blockquote>尽管如此，沙阿承认，投资者应该更加有选择性。毕竟，标普500已较 2020 年 3 月的大流行低点翻了一番，并非所有股票和板块都能保持势头。</blockquote></p><p> She thinks defensive sectors might start to pull back a bit. Those include utilities, health care and others companies that pay big dividends and are considered good bond proxies.</p><p><blockquote>她认为防御性板块可能会开始有所回调。其中包括公用事业、医疗保健和其他支付高额股息的公司，被认为是良好的债券代理。</blockquote></p><p> The FAANGs and other big tech stocks, many of which have strong earnings momentum and tons of cash, should continue to rally, she said.</p><p><blockquote>她表示，FAANG 和其他大型科技股应该会继续上涨，其中许多股拥有强劲的盈利势头和大量现金。</blockquote></p><p> <b>Not the time to bail on the market</b></p><p><blockquote><b>现在不是放弃市场的时候</b></blockquote></p><p> So should economic recovery plays in the travel and retail sectors that have pulled back lately on Covid concerns. United (UAL), for example, issued an upbeat outlook after the closing bell Tuesday.</p><p><blockquote>旅游业和零售业的经济复苏也应该如此，这些行业最近因新冠疫情担忧而有所回落。例如，美联航 (UAL) 在周二收盘后发布了乐观的展望。</blockquote></p><p> \"Airlines have been beaten up,\" Shah said. \"But if you assume the reopening will continue, they should enjoy a significant bounceback.\"</p><p><blockquote>“航空公司受到了打击，”沙阿说。“但如果你假设重新开放将继续下去，他们应该会出现显着反弹。”</blockquote></p><p> Stocks may remain bumpy for the foreseeable future, but that shouldn't dissuade investors from sticking with their longer-term investments.</p><p><blockquote>在可预见的未来，股市可能会继续波动，但这不应阻止投资者坚持长期投资。</blockquote></p><p> \"The uncertainty of the past couple of days is warranted for the short term,\" said Peter van der Welle, multi-asset strategist at Robeco. \"But there should be a second leg to the reflation trade.\"</p><p><blockquote>Robeco 多资产策略师 Peter van der Welle 表示：“过去几天的不确定性在短期内是合理的。”“但通货膨胀再膨胀贸易应该有第二阶段。”</blockquote></p><p> Van der Welle noted that there are many reasons to be optimistic about continued gains in consumer spending and retail sales, despite a recent drop in consumer confidence.</p><p><blockquote>范德维勒指出，尽管最近消费者信心下降，但仍有许多理由对消费者支出和零售销售的持续增长持乐观态度。</blockquote></p><p> <b>Buy the dips</b></p><p><blockquote><b>逢低买入</b></blockquote></p><p> Any wariness on the part of consumers — and investors, for that matter — could turn out to be fleeting.</p><p><blockquote>消费者——以及投资者——的任何警惕都可能转瞬即逝。</blockquote></p><p> \"If you are a long-term investor, take advantage of this volatility and add to positions in companies and sectors you really like,\" said Phil Orlando, chief equity market strategist at Federated Hermes.</p><p><blockquote>Federated Hermes 首席股票市场策略师菲尔·奥兰多 (Phil Orlando) 表示：“如果您是长期投资者，请利用这种波动性，增加您真正喜欢的公司和行业的头寸。”</blockquote></p><p> He he belives stocks in cyclical industries that have gotten hit because of Delta variant fears could enjoy the biggest rebounds.</p><p><blockquote>他认为，因德尔塔变异毒株担忧而受到打击的周期性行业的股票可能会迎来最大的反弹。</blockquote></p><p> \"There are stocks that have hit an air pocket that could be very attractive. We love the economically sensitive sectors,\" Orlando added, saying that banks and other financials, industrial firms, retailers and energy stocks may come roaring back.</p><p><blockquote>奥兰多补充道：“有些股票已经触及气穴，可能非常有吸引力。我们喜欢经济敏感行业。”他表示，银行和其他金融、工业公司、零售商和能源股可能会卷土重来。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/07/21/investing/investing-stock-market-volatility/index.html\">cnn</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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://edition.cnn.com/2021/07/21/investing/investing-stock-market-volatility/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154266565","content_text":"New York (CNN Business)When the market is plunging like it did last Friday and on Monday, it's tempting to throw in the towel and sell. Big drops can be scary.\nBut dumping stocks on days when the Dow is getting whacked is usually the wrong thing to do. Stocks roared back Tuesday and were up again Wednesday.\nYes, the Delta variant of Covid-19 has led to an alarming uptick in coronavirus cases in the United States and around the globe. But many experts think the massive number of vaccinations that have already taken place will prevent the economy and markets from going into another tailspin.\nIf you're investing for the long haul, the best thing you can do is ride out this wave of volatility.\n\"Stay invested,\" said Seema Shah, chief strategist at Principal Global Investors. Shah told CNN Business that the Delta variant is highly unlikely to stop the economic recovery in the US and other parts of the developed world where vaccination rates are high.\n\"The vaccine is effective,\" she said. \"If cases are rising but hospitalization rates remain low, then the reopening measures from governments will continue.\"\nStill, Shah conceded, investors should be more selective. After all, the S&P 500 has nearly doubled from its pandemic lows in March 2020, and not all stocks and sectors will maintain their momentum.\nShe thinks defensive sectors might start to pull back a bit. Those include utilities, health care and others companies that pay big dividends and are considered good bond proxies.\nThe FAANGs and other big tech stocks, many of which have strong earnings momentum and tons of cash, should continue to rally, she said.\nNot the time to bail on the market\nSo should economic recovery plays in the travel and retail sectors that have pulled back lately on Covid concerns. United (UAL), for example, issued an upbeat outlook after the closing bell Tuesday.\n\"Airlines have been beaten up,\" Shah said. \"But if you assume the reopening will continue, they should enjoy a significant bounceback.\"\nStocks may remain bumpy for the foreseeable future, but that shouldn't dissuade investors from sticking with their longer-term investments.\n\"The uncertainty of the past couple of days is warranted for the short term,\" said Peter van der Welle, multi-asset strategist at Robeco. \"But there should be a second leg to the reflation trade.\"\nVan der Welle noted that there are many reasons to be optimistic about continued gains in consumer spending and retail sales, despite a recent drop in consumer confidence.\nBuy the dips\nAny wariness on the part of consumers — and investors, for that matter — could turn out to be fleeting.\n\"If you are a long-term investor, take advantage of this volatility and add to positions in companies and sectors you really like,\" said Phil Orlando, chief equity market strategist at Federated Hermes.\nHe he belives stocks in cyclical industries that have gotten hit because of Delta variant fears could enjoy the biggest rebounds.\n\"There are stocks that have hit an air pocket that could be very attractive. We love the economically sensitive sectors,\" Orlando added, saying that banks and other financials, industrial firms, retailers and energy stocks may come roaring back.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1091,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176817530,"gmtCreate":1626876025420,"gmtModify":1633770201048,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"Hey","listText":"Hey","text":"Hey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/176817530","repostId":"1107219983","repostType":4,"isVote":1,"tweetType":1,"viewCount":926,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171910203,"gmtCreate":1626701999902,"gmtModify":1633924821286,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171910203","repostId":"1146536243","repostType":4,"repost":{"id":"1146536243","kind":"news","pubTimestamp":1626683272,"share":"https://www.laohunote.com/m/news/1146536243?lang=zh_CN&edition=full","pubTime":"2021-07-19 16:27","market":"us","language":"en","title":"Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual<blockquote>摩根士丹利：这个周期将比往常“更热但更短”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146536243","media":"zerohedge","summary":"This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","content":"<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.</p><p><blockquote>我们认为本轮经济周期将是正常的、强劲的、短暂的。这些假设中的每一个都受到了市场的激烈争论。每一个都是我们投资策略的关键。</blockquote></p><p> The debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.</p><p><blockquote>关于周期“常态”的争论是不言自明的。毫不夸张地说，疫情创造了有记录以来产出最急剧下降的一次。随后，在政策支持的帮助下，活动迅速回升。将这种情况视为独特的，不同于其他周期性经历的理由是，这种剧烈的下跌和上涨从来不允许传统的“重置”。</blockquote></p><p> But 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.</p><p><blockquote>但市场上的“正常”是一个有趣的概念，记忆的粗糙边缘往往会随着时间的推移而变得平滑和打磨。2003-07年的周期以大萧条以来最大的银行和房地产危机告终。1992-2000年的周期以巨大的股票泡沫破裂、广泛的会计欺诈和难以言表的悲剧而告终。“正常”周期在理论上很好，但在实践中更难。</blockquote></p><p> Instead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.</p><p><blockquote>相反，让我们考虑一下为什么要使用 “周期 ”这个词。经济和市场倾向于遵循周期性模式，这种模式往往会出现在市场表现中。我们关心的是这些模式，如果它们仍然适用，它们可以在不确定的地形中提供有用的指导。</blockquote></p><p> Was last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.</p><p><blockquote>去年的经济衰退之前是否存在收益率曲线倒挂、低波动性、低失业率、高消费者信心和股市广度收窄等后期周期条件？确实如此。由此产生的股票、信贷、收益率和收益率曲线的低谷是否与市场和经济低点之间的通常节奏相匹配？他们做到了。随后反弹的领头羊是通常的早期周期赢家吗，比如小盘股和周期性股票、高收益信贷和工业金属？他们是。</blockquote></p><p> If it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are.&nbsp;If a lot of 'normal' cycle behavior has played out so far, it should&nbsp;<i>continue</i>&nbsp;to do so.</p><p><blockquote>如果它像鸭子一样走路，像鸭子一样嘎嘎叫，我们认为这是一个正常的循环。或者像这些事情实际上一样正常。如果到目前为止已经出现了很多“正常”的循环行为，它应该<i>继续</i>这样做。</blockquote></p><p> Specifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see&nbsp;The Growth Scare Anniversary, July 11, 2021).</p><p><blockquote>具体来说，这与市场复苏时的表现模式有关。随着复苏进展，这些模式应该会改变。正如我的同事迈克尔·威尔逊 (Michael Wilson) 指出的那样，我们认为我们正在进入周期中期市场，尽管距离经济活动低点仅 16 个月。我们看到当前情况与 2004 年上半年有许多相似之处，上半年是继大规模通货膨胀反弹之后的中期周期。重要的是，尽管最近对增长感到担忧，但我们认为全球复苏将继续推进（参见2021年7月11日的增长恐慌周年纪念日）。</blockquote></p><p> Because one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.<b>It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.</b></p><p><blockquote>因为总能找到适合自己特定周期观点的指标，所以我们一直都喜欢复合指标。这就是我们的 “周期模型”，它结合了宏观经济、信贷周期和企业侵略性的十项美国指标，以衡量我们在市场周期中的位置。在 2019 年 6 月进入周期后期 “低迷 ”和 2020 年 4 月进入周期早期 “修复 ”之后，该指数一路飙升。<b>它的崛起如此之快，以至于刚刚度过了下一阶段（'复苏'），直接进入了'扩张'。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" referrerpolicy=\"no-referrer\">Thisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',<b>and since 1980, it has taken an average of 35 months to get there after 'downturn' ends</b>. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.<b>It also hints at another possibility:&nbsp;this hotter cycle could be shorter.</b>This is our thesis, and it’s showing up in our quantitative measure.</p><p><blockquote>不寻常的论文。“扩展 ”意味着捕捉 “比正常情况更好，并且正在改善 ”的条件、<b>自1980年以来，“经济衰退”结束后平均需要35个月才能到达那里</b>它的迅速到来表明，在巨大的政策支持下，经济正在迅速复苏。<b>这也暗示了另一种可能性：这个更热的周期可能会更短。</b>这就是我们的论点，也体现在我们的定量测量中。</blockquote></p><p> All this has a number of implications:</p><p><blockquote>所有这些都有许多含义：</blockquote></p><p></p><p> <ul>  <li><b>The shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases</b>. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.</li>  <li><b>In many of those periods, more mixed credit performance occurs despite default rates remaining low</b>. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.</li>  <li><b>In equities, we think that our model supports more balance in portfolios</b>. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.</li>  <li><b>Interest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model</b>. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.</li> </ul> This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.</p><p><blockquote><ul><li><b>周期越短，相对于其他风险资产，信贷越差；信贷从“繁荣”中获得的收益较少，如果下一次经济衰退提前，信贷就会面临风险，并且随着企业信心的增强，信贷将面临更多供应</b>.在我们的周期模型的“扩张”阶段，美国IG和HY信贷N1200万超额回报率分别比平均水平差29bp和161bp。</li><li><b>在其中许多时期，尽管违约率仍然很低，但信贷表现更加喜忧参半</b>投资者应尝试承担违约风险而不是利差风险：我们的信贷策略师喜欢持有 CDX HY 0-15%，并用 CDX IG 付款人利差进行对冲。</li><li><b>在股票方面，我们认为我们的模型支持投资组合的更大平衡</b>我们喜欢美国和欧洲的医疗保健行业，因为它有几个有利的因素：质量、低估值、高套利和低波动性。从全球来看，欧洲和日本的股市往往表现优于“周期中期”，我们认为它们可以再次做到这一点。</li><li><b>利率对复苏过于悲观。在我们的周期模型的“扩张”阶段，美国10年期国债1200万奈拉的收益率比平均水平低97个基点</b>. Guneet Dhingra 和我们的美国利率策略团队已将跑输大盘美国 10 年期国债移至我们的全球资产配置中，我们反过来又将跑输大盘国债移回。</li></ul>这个周期是不寻常的。大多数“正常”周期是。我们认为复苏是可持续的，而且更有可能“更热、更短”。出售国债并相信扩张。</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>Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual<blockquote>摩根士丹利：这个周期将比往常“更热但更短”</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\">\nMorgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual<blockquote>摩根士丹利：这个周期将比往常“更热但更短”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-07-19 16:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.</p><p><blockquote>我们认为本轮经济周期将是正常的、强劲的、短暂的。这些假设中的每一个都受到了市场的激烈争论。每一个都是我们投资策略的关键。</blockquote></p><p> The debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.</p><p><blockquote>关于周期“常态”的争论是不言自明的。毫不夸张地说，疫情创造了有记录以来产出最急剧下降的一次。随后，在政策支持的帮助下，活动迅速回升。将这种情况视为独特的，不同于其他周期性经历的理由是，这种剧烈的下跌和上涨从来不允许传统的“重置”。</blockquote></p><p> But 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.</p><p><blockquote>但市场上的“正常”是一个有趣的概念，记忆的粗糙边缘往往会随着时间的推移而变得平滑和打磨。2003-07年的周期以大萧条以来最大的银行和房地产危机告终。1992-2000年的周期以巨大的股票泡沫破裂、广泛的会计欺诈和难以言表的悲剧而告终。“正常”周期在理论上很好，但在实践中更难。</blockquote></p><p> Instead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.</p><p><blockquote>相反，让我们考虑一下为什么要使用 “周期 ”这个词。经济和市场倾向于遵循周期性模式，这种模式往往会出现在市场表现中。我们关心的是这些模式，如果它们仍然适用，它们可以在不确定的地形中提供有用的指导。</blockquote></p><p> Was last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.</p><p><blockquote>去年的经济衰退之前是否存在收益率曲线倒挂、低波动性、低失业率、高消费者信心和股市广度收窄等后期周期条件？确实如此。由此产生的股票、信贷、收益率和收益率曲线的低谷是否与市场和经济低点之间的通常节奏相匹配？他们做到了。随后反弹的领头羊是通常的早期周期赢家吗，比如小盘股和周期性股票、高收益信贷和工业金属？他们是。</blockquote></p><p> If it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are.&nbsp;If a lot of 'normal' cycle behavior has played out so far, it should&nbsp;<i>continue</i>&nbsp;to do so.</p><p><blockquote>如果它像鸭子一样走路，像鸭子一样嘎嘎叫，我们认为这是一个正常的循环。或者像这些事情实际上一样正常。如果到目前为止已经出现了很多“正常”的循环行为，它应该<i>继续</i>这样做。</blockquote></p><p> Specifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see&nbsp;The Growth Scare Anniversary, July 11, 2021).</p><p><blockquote>具体来说，这与市场复苏时的表现模式有关。随着复苏进展，这些模式应该会改变。正如我的同事迈克尔·威尔逊 (Michael Wilson) 指出的那样，我们认为我们正在进入周期中期市场，尽管距离经济活动低点仅 16 个月。我们看到当前情况与 2004 年上半年有许多相似之处，上半年是继大规模通货膨胀反弹之后的中期周期。重要的是，尽管最近对增长感到担忧，但我们认为全球复苏将继续推进（参见2021年7月11日的增长恐慌周年纪念日）。</blockquote></p><p> Because one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.<b>It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.</b></p><p><blockquote>因为总能找到适合自己特定周期观点的指标，所以我们一直都喜欢复合指标。这就是我们的 “周期模型”，它结合了宏观经济、信贷周期和企业侵略性的十项美国指标，以衡量我们在市场周期中的位置。在 2019 年 6 月进入周期后期 “低迷 ”和 2020 年 4 月进入周期早期 “修复 ”之后，该指数一路飙升。<b>它的崛起如此之快，以至于刚刚度过了下一阶段（'复苏'），直接进入了'扩张'。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" referrerpolicy=\"no-referrer\">Thisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',<b>and since 1980, it has taken an average of 35 months to get there after 'downturn' ends</b>. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.<b>It also hints at another possibility:&nbsp;this hotter cycle could be shorter.</b>This is our thesis, and it’s showing up in our quantitative measure.</p><p><blockquote>不寻常的论文。“扩展 ”意味着捕捉 “比正常情况更好，并且正在改善 ”的条件、<b>自1980年以来，“经济衰退”结束后平均需要35个月才能到达那里</b>它的迅速到来表明，在巨大的政策支持下，经济正在迅速复苏。<b>这也暗示了另一种可能性：这个更热的周期可能会更短。</b>这就是我们的论点，也体现在我们的定量测量中。</blockquote></p><p> All this has a number of implications:</p><p><blockquote>所有这些都有许多含义：</blockquote></p><p></p><p> <ul>  <li><b>The shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases</b>. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.</li>  <li><b>In many of those periods, more mixed credit performance occurs despite default rates remaining low</b>. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.</li>  <li><b>In equities, we think that our model supports more balance in portfolios</b>. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.</li>  <li><b>Interest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model</b>. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.</li> </ul> This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.</p><p><blockquote><ul><li><b>周期越短，相对于其他风险资产，信贷越差；信贷从“繁荣”中获得的收益较少，如果下一次经济衰退提前，信贷就会面临风险，并且随着企业信心的增强，信贷将面临更多供应</b>.在我们的周期模型的“扩张”阶段，美国IG和HY信贷N1200万超额回报率分别比平均水平差29bp和161bp。</li><li><b>在其中许多时期，尽管违约率仍然很低，但信贷表现更加喜忧参半</b>投资者应尝试承担违约风险而不是利差风险：我们的信贷策略师喜欢持有 CDX HY 0-15%，并用 CDX IG 付款人利差进行对冲。</li><li><b>在股票方面，我们认为我们的模型支持投资组合的更大平衡</b>我们喜欢美国和欧洲的医疗保健行业，因为它有几个有利的因素：质量、低估值、高套利和低波动性。从全球来看，欧洲和日本的股市往往表现优于“周期中期”，我们认为它们可以再次做到这一点。</li><li><b>利率对复苏过于悲观。在我们的周期模型的“扩张”阶段，美国10年期国债1200万奈拉的收益率比平均水平低97个基点</b>. Guneet Dhingra 和我们的美国利率策略团队已将跑输大盘美国 10 年期国债移至我们的全球资产配置中，我们反过来又将跑输大盘国债移回。</li></ul>这个周期是不寻常的。大多数“正常”周期是。我们认为复苏是可持续的，而且更有可能“更热、更短”。出售国债并相信扩张。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual\">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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146536243","content_text":"We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.\nBut 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.\nInstead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.\nWas last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.\nIf it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are. If a lot of 'normal' cycle behavior has played out so far, it should continue to do so.\nSpecifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see The Growth Scare Anniversary, July 11, 2021).\nBecause one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.\nThisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',and since 1980, it has taken an average of 35 months to get there after 'downturn' ends. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.It also hints at another possibility: this hotter cycle could be shorter.This is our thesis, and it’s showing up in our quantitative measure.\nAll this has a number of implications:\n\nThe shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.\nIn many of those periods, more mixed credit performance occurs despite default rates remaining low. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.\nIn equities, we think that our model supports more balance in portfolios. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.\nInterest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.\n\nThis cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. 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Finally got out but at loss [Cry]","images":[{"img":"https://static.tigerbbs.com/4ac16ff665b889ff9cbaf86956d27dd1","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/151357373","isVote":1,"tweetType":1,"viewCount":2026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153746928,"gmtCreate":1625053964464,"gmtModify":1633945425393,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576498486893564","idStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>I was still making profits a while ago...","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>I 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hahaha","images":[{"img":"https://static.tigerbbs.com/5c94d0dd80abec6288a0725dddd0000b","width":"828","height":"1434"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":11,"repostSize":0,"link":"https://laohu8.com/post/837454171","isVote":1,"tweetType":1,"viewCount":5868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":129848494,"gmtCreate":1624369667718,"gmtModify":1631885233626,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576498486893564","authorIdStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>I need youto hold on heaven is a place not too far away~ 🎶🤣","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>I 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😜","images":[{"img":"https://static.tigerbbs.com/e32e97005297d71c1cc50a71cc6b8a84","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/181213277","isVote":1,"tweetType":1,"viewCount":1124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181567968,"gmtCreate":1623402532554,"gmtModify":1634033717617,"author":{"id":"3576498486893564","authorId":"3576498486893564","name":"EliY","avatar":"https://static.tigerbbs.com/d87b8d40fb7aafe8ee1aca53a265c5fe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576498486893564","authorIdStr":"3576498486893564"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TME\">$Tencent Music(TME)$</a>Up today?","listText":"<a href=\"https://laohu8.com/S/TME\">$Tencent Music(TME)$</a>Up today?","text":"$Tencent Music(TME)$Up 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href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>TO THE MOOOOOON 🚀","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>TO THE MOOOOOON 🚀","text":"$Torchlight Energy Resources(TRCH)$TO THE MOOOOOON 🚀","images":[{"img":"https://static.tigerbbs.com/69086b25594f3d794ec9492292f19348","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160109786","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}