nihaomao的个人主页 - 老虎社区

nihaomao

nihaomao

暂无个人介绍

IP属地：未知

59关注

1粉丝

0主题

0勋章

2021-03-09

Wow that’s interesting. Like and comment?

抱歉，原内容已删除

2021-03-04

Wow! Like?

抱歉，原内容已删除

2021-03-11

Crazy. Like and comment?

抱歉，原内容已删除

2021-03-06

Wow

Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>

2021-02-26

Good to know! Leave a comment please!

抱歉，原内容已删除

2021-02-26

Like please

Airbnb and DoorDash went public at the same time but see very different paths post-pandemic<blockquote>爱彼迎和DoorDash同时上市，但在大流行后看到了截然不同的道路</blockquote>

2021-03-22

Wow

Morgan Stanley: This Cycle Will Burn "Hotter And Shorter" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</blockquote>

2021-03-10

Wow that’s good. Like and comment?

抱歉，原内容已删除

2021-03-07

Hmm interesting.. like and comment?

Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>

2021-02-25

Please like thank you

Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>

2021-02-23

Please like!

抱歉，原内容已删除

2021-06-16

Wah power

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

2021-03-23

Feeling rich

抱歉，原内容已删除

2021-03-03

Both are good!

Bitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote>

2021-02-27

Please like

抱歉，原内容已删除

2021-03-24

Woah okay

2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote>

2021-03-19

Wow powerful

抱歉，原内容已删除

2021-03-16

Buy buy buy

AMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</blockquote>

2021-03-14

Cmon Tesla!

Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>

2021-11-16

Boomer talk. The only meme is this article in20 years time

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3576973686770601","uuid":"3576973686770601","gmtCreate":1613881416926,"gmtModify":1614044938663,"name":"nihaomao","pinyin":"nihaomao","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":59,"tweetSize":26,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.10.16","exceedPercentage":"93.35%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.33%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.08","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":871885611,"gmtCreate":1637052021744,"gmtModify":1637052024174,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Boomer talk. The only meme is this article in20 years time","listText":"Boomer talk. The only meme is this article in20 years time","text":"Boomer talk. The only meme is this article in20 years time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871885611","repostId":"1160740007","repostType":2,"isVote":1,"tweetType":1,"viewCount":3092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":169013732,"gmtCreate":1623808800026,"gmtModify":1634027801418,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wah power","listText":"Wah power","text":"Wah power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169013732","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://www.laohu8.com/m/news/1191245053?lang=zh_CN&edition=full","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\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\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2676,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351046520,"gmtCreate":1616548574860,"gmtModify":1634525259284,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Woah okay","listText":"Woah okay","text":"Woah okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351046520","repostId":"1103096316","repostType":4,"repost":{"id":"1103096316","kind":"news","pubTimestamp":1616547729,"share":"https://www.laohu8.com/m/news/1103096316?lang=zh_CN&edition=full","pubTime":"2021-03-24 09:02","market":"us","language":"en","title":"2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103096316","media":"fool","summary":"Nasdaq Compositeis a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped g","content":"<p><b>Nasdaq Composite</b>is a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped give theNasdaqone of its best years ever. Recently, though, the Nasdaq's rise has taken a bit of a pause.</p><p><blockquote><b>纳斯达克复合材料</b>是创新的温床，2020年颠覆性股票的牛市帮助纳斯达克迎来了有史以来最好的几年。不过，最近，纳斯达克的崛起有所停顿。</blockquote></p><p>ARK Invest's CEO and chief investment officer, Cathie Wood, has gotten a lot of notoriety for her stock picking prowess over the past year, largely because she's embraced some of the best stocks on the Nasdaq.<b>Tesla</b>is the best-known of Wood's top picks, and odds are you already know as much as you want to know about the electric vehicle specialist. However, some other Nasdaq stocks aren't as familiar to ordinary investors even though they have their own opportunities to soar in the years ahead. Below, we'll look at two of the stocks you'll find prominently among ARK Invest exchange-traded fund (ETF) holdings that probably haven't made it onto your radar screen.</p><p><blockquote>ARK Invest的首席执行官兼首席投资官凯西·伍德(Cathie Wood)在过去一年中因其选股能力而声名狼藉，这主要是因为她接受了纳斯达克上一些最好的股票。<b>特斯拉</b>是伍德最著名的首选，很可能您已经了解了这位电动汽车专家。然而，其他一些纳斯达克股票并不为普通投资者所熟悉，尽管它们在未来几年也有飙升的机会。下面，我们将看看ARK Invest交易所交易基金(ETF)持有的两只股票，它们可能尚未出现在您的雷达屏幕上。</blockquote></p><p>A play on automation</p><p><blockquote>关于自动化的游戏</blockquote></p><p><b>Trimble</b>(NASDAQ:TRMB)isn't a new company, but it has quickly become one of Wood's favorite picks. The stock is the third-largest position in ARK Invest's<b>Autonomous Technology &amp; Robotics ETF</b>, making up more than $180 million at recent prices. That's not a huge amount by ARK's standards, but it gives the fund manager a 1% stake in Trimble.</p><p><blockquote><b>特林布尔</b>（纳斯达克：TRMB）并不是一家新公司，但它很快成为伍德最喜欢的选择之一。该股票是ARK Invest的第三大头寸<b>自主技术与机器人ETF</b>，按最近的价格计算，超过1.8亿美元。按照ARK的标准，这并不是一个很大的数额，但它让基金经理拥有了Trimble 1%的股份。</blockquote></p><p>Founded more than 40 years ago, Trimble's software, hardware, and services are geared toward modeling, data analytics, connectivity, and positioning. Trimble serves a vast array of industries ranging from transportation and utilities to agriculture, construction, and geospacial surveys and mapping.</p><p><blockquote>Trimble成立于40多年前，其软件、硬件和服务面向建模、数据分析、连接和定位。Trimble服务于从运输和公用事业到农业、建筑和地理空间测绘的众多行业。</blockquote></p><p>ARK Invest has long been afan of Trimble. In the agricultural space, Trimble's systems have allowed automated farm equipment to use global positioning system navigation to maximize planting, fertilizing, and harvesting efficiency. Trimble will likely play a role in space exploration as well, adding to its optionality.</p><p><blockquote>ARK Invest长期以来一直是Trimble的粉丝。在农业领域，Trimble的系统已经允许自动化农场设备使用全球定位系统导航来最大限度地提高种植、施肥和收获效率。Trimble也可能在太空探索中发挥作用，增加其可选性。</blockquote></p><p>Trimble shares have doubled since last April, but the company has considerable growth potential. There's room for Trimble's stock to keep rising if it can keep capitalizing on opportunities in automation, and with the share price down almost 5% on Tuesday, investors would get a bit of a bargain on Trimble currently.</p><p><blockquote>自去年4月以来，Trimble的股价已经翻了一番，但该公司具有相当大的增长潜力。如果Trimble能够继续利用自动化领域的机会，其股价还有继续上涨的空间，而且随着周二股价下跌近5%，投资者目前将在Trimble上获得一点便宜。</blockquote></p><p>A new Twist on genetics</p><p><blockquote>遗传学的新变化</blockquote></p><p>Meanwhile, ARK Invest has made an even bigger investment in genetics specialist<b>Twist Bioscience</b>(NASDAQ:TWST). The company weighs in at No. 5 among holdings of the<b>ARK Genomic Revolution Multi-Sector ETF</b>(NYSEMKT:ARKG), and the nearly $420 million ARK Invest has invested in Twist amounts to about 7% of Twist's outstanding shares. Twist's stock has been extremely volatile lately, having risen as much as eightfold from its lows last year before falling back by about a third since mid-January.</p><p><blockquote>与此同时，ARK Invest对遗传学专家进行了更大的投资<b>扭曲生物科学</b>（纳斯达克：TWST）。该公司在持股中排名第五<b>方舟基因组革命多板块ETF</b>（NYSEMKT：ARKG），ARK Invest向Twist投资的近4.2亿美元约占Twist已发行股份的7%。Twist的股价最近波动极大，从去年的低点上涨了八倍，然后自1月中旬以来回落了约三分之一。</blockquote></p><p>Twist's business centers on DNA synthesis, with a cutting-edge genomic sequencing system that can produce viable synthetic genetic material for use in experiments at biotech and biopharmaceutical companies and research institutions. Wood has identified Twist's ability to help clinicians find signals indicating potential cancer as groundbreaking in the field, with the capacity to enable earlier detection and likely save large numbers of lives.</p><p><blockquote>Twist的业务以DNA合成为中心，拥有尖端的基因组测序系统，可以生产可行的合成遗传物质，用于生物技术和生物制药公司以及研究机构的实验。Wood认为Twist能够帮助临床医生找到表明潜在癌症的信号，这在该领域具有开创性，能够实现早期检测，并可能挽救大量生命。</blockquote></p><p>At this stage, Twist is going through a pattern that's familiar to high-growth investors. In its most recent quarterly numbers,Twist reported a 64% jump in revenue, with losses narrowing from year-earlier levels. Yet the stock failed to gain ground, leading some to conclude that its recent gains precluded it from benefiting from the good news on the business fundamentals front. Shares are down another 2% on Tuesday afternoon, but that only makes the value proposition that much better for those interested in the genomics stock.</p><p><blockquote>现阶段，Twist正在经历高增长投资者熟悉的模式。在最新的季度数据中，Twist报告收入增长了64%，亏损较去年同期有所收窄。然而，该股未能上涨，导致一些人得出结论，其最近的上涨使其无法从商业基本面的好消息中受益。周二下午，股价又下跌了2%，但这只会让那些对genomics股票感兴趣的人的价值主张变得更好。</blockquote></p><p>Keep your eyes on Wood's buys</p><p><blockquote>密切关注伍德的购买</blockquote></p><p>Even Cathie Wood doesn't bat a thousand with her stock picks, so there's no guarantee that Twist or Trimble will keep rising. Nevertheless, these two companies have attractive businesses and have rewarded shareholders so far. That bodes well for their prospects in the near future as well.</p><p><blockquote>即使是凯西·伍德(Cathie Wood)的选股也没有达到一千倍，因此无法保证Twist或Trimble会继续上涨。尽管如此，这两家公司的业务颇具吸引力，迄今为止也为股东带来了回报。这也预示着他们在不久的将来的前景。</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>2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">fool</strong><span class=\"h-time small\">2021-03-24 09:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Nasdaq Composite</b>is a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped give theNasdaqone of its best years ever. Recently, though, the Nasdaq's rise has taken a bit of a pause.</p><p><blockquote><b>纳斯达克复合材料</b>是创新的温床，2020年颠覆性股票的牛市帮助纳斯达克迎来了有史以来最好的几年。不过，最近，纳斯达克的崛起有所停顿。</blockquote></p><p>ARK Invest's CEO and chief investment officer, Cathie Wood, has gotten a lot of notoriety for her stock picking prowess over the past year, largely because she's embraced some of the best stocks on the Nasdaq.<b>Tesla</b>is the best-known of Wood's top picks, and odds are you already know as much as you want to know about the electric vehicle specialist. However, some other Nasdaq stocks aren't as familiar to ordinary investors even though they have their own opportunities to soar in the years ahead. Below, we'll look at two of the stocks you'll find prominently among ARK Invest exchange-traded fund (ETF) holdings that probably haven't made it onto your radar screen.</p><p><blockquote>ARK Invest的首席执行官兼首席投资官凯西·伍德(Cathie Wood)在过去一年中因其选股能力而声名狼藉，这主要是因为她接受了纳斯达克上一些最好的股票。<b>特斯拉</b>是伍德最著名的首选，很可能您已经了解了这位电动汽车专家。然而，其他一些纳斯达克股票并不为普通投资者所熟悉，尽管它们在未来几年也有飙升的机会。下面，我们将看看ARK Invest交易所交易基金(ETF)持有的两只股票，它们可能尚未出现在您的雷达屏幕上。</blockquote></p><p>A play on automation</p><p><blockquote>关于自动化的游戏</blockquote></p><p><b>Trimble</b>(NASDAQ:TRMB)isn't a new company, but it has quickly become one of Wood's favorite picks. The stock is the third-largest position in ARK Invest's<b>Autonomous Technology &amp; Robotics ETF</b>, making up more than $180 million at recent prices. That's not a huge amount by ARK's standards, but it gives the fund manager a 1% stake in Trimble.</p><p><blockquote><b>特林布尔</b>（纳斯达克：TRMB）并不是一家新公司，但它很快成为伍德最喜欢的选择之一。该股票是ARK Invest的第三大头寸<b>自主技术与机器人ETF</b>，按最近的价格计算，超过1.8亿美元。按照ARK的标准，这并不是一个很大的数额，但它让基金经理拥有了Trimble 1%的股份。</blockquote></p><p>Founded more than 40 years ago, Trimble's software, hardware, and services are geared toward modeling, data analytics, connectivity, and positioning. Trimble serves a vast array of industries ranging from transportation and utilities to agriculture, construction, and geospacial surveys and mapping.</p><p><blockquote>Trimble成立于40多年前，其软件、硬件和服务面向建模、数据分析、连接和定位。Trimble服务于从运输和公用事业到农业、建筑和地理空间测绘的众多行业。</blockquote></p><p>ARK Invest has long been afan of Trimble. In the agricultural space, Trimble's systems have allowed automated farm equipment to use global positioning system navigation to maximize planting, fertilizing, and harvesting efficiency. Trimble will likely play a role in space exploration as well, adding to its optionality.</p><p><blockquote>ARK Invest长期以来一直是Trimble的粉丝。在农业领域，Trimble的系统已经允许自动化农场设备使用全球定位系统导航来最大限度地提高种植、施肥和收获效率。Trimble也可能在太空探索中发挥作用，增加其可选性。</blockquote></p><p>Trimble shares have doubled since last April, but the company has considerable growth potential. There's room for Trimble's stock to keep rising if it can keep capitalizing on opportunities in automation, and with the share price down almost 5% on Tuesday, investors would get a bit of a bargain on Trimble currently.</p><p><blockquote>自去年4月以来，Trimble的股价已经翻了一番，但该公司具有相当大的增长潜力。如果Trimble能够继续利用自动化领域的机会，其股价还有继续上涨的空间，而且随着周二股价下跌近5%，投资者目前将在Trimble上获得一点便宜。</blockquote></p><p>A new Twist on genetics</p><p><blockquote>遗传学的新变化</blockquote></p><p>Meanwhile, ARK Invest has made an even bigger investment in genetics specialist<b>Twist Bioscience</b>(NASDAQ:TWST). The company weighs in at No. 5 among holdings of the<b>ARK Genomic Revolution Multi-Sector ETF</b>(NYSEMKT:ARKG), and the nearly $420 million ARK Invest has invested in Twist amounts to about 7% of Twist's outstanding shares. Twist's stock has been extremely volatile lately, having risen as much as eightfold from its lows last year before falling back by about a third since mid-January.</p><p><blockquote>与此同时，ARK Invest对遗传学专家进行了更大的投资<b>扭曲生物科学</b>（纳斯达克：TWST）。该公司在持股中排名第五<b>方舟基因组革命多板块ETF</b>（NYSEMKT：ARKG），ARK Invest向Twist投资的近4.2亿美元约占Twist已发行股份的7%。Twist的股价最近波动极大，从去年的低点上涨了八倍，然后自1月中旬以来回落了约三分之一。</blockquote></p><p>Twist's business centers on DNA synthesis, with a cutting-edge genomic sequencing system that can produce viable synthetic genetic material for use in experiments at biotech and biopharmaceutical companies and research institutions. Wood has identified Twist's ability to help clinicians find signals indicating potential cancer as groundbreaking in the field, with the capacity to enable earlier detection and likely save large numbers of lives.</p><p><blockquote>Twist的业务以DNA合成为中心，拥有尖端的基因组测序系统，可以生产可行的合成遗传物质，用于生物技术和生物制药公司以及研究机构的实验。Wood认为Twist能够帮助临床医生找到表明潜在癌症的信号，这在该领域具有开创性，能够实现早期检测，并可能挽救大量生命。</blockquote></p><p>At this stage, Twist is going through a pattern that's familiar to high-growth investors. In its most recent quarterly numbers,Twist reported a 64% jump in revenue, with losses narrowing from year-earlier levels. Yet the stock failed to gain ground, leading some to conclude that its recent gains precluded it from benefiting from the good news on the business fundamentals front. Shares are down another 2% on Tuesday afternoon, but that only makes the value proposition that much better for those interested in the genomics stock.</p><p><blockquote>现阶段，Twist正在经历高增长投资者熟悉的模式。在最新的季度数据中，Twist报告收入增长了64%，亏损较去年同期有所收窄。然而，该股未能上涨，导致一些人得出结论，其最近的上涨使其无法从商业基本面的好消息中受益。周二下午，股价又下跌了2%，但这只会让那些对genomics股票感兴趣的人的价值主张变得更好。</blockquote></p><p>Keep your eyes on Wood's buys</p><p><blockquote>密切关注伍德的购买</blockquote></p><p>Even Cathie Wood doesn't bat a thousand with her stock picks, so there's no guarantee that Twist or Trimble will keep rising. Nevertheless, these two companies have attractive businesses and have rewarded shareholders so far. That bodes well for their prospects in the near future as well.</p><p><blockquote>即使是凯西·伍德(Cathie Wood)的选股也没有达到一千倍，因此无法保证Twist或Trimble会继续上涨。尽管如此，这两家公司的业务颇具吸引力，迄今为止也为股东带来了回报。这也预示着他们在不久的将来的前景。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/03/23/2-under-the-radar-nasdaq-stocks-cathie-wood-loves/\">fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/23/2-under-the-radar-nasdaq-stocks-cathie-wood-loves/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103096316","content_text":"Nasdaq Compositeis a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped give theNasdaqone of its best years ever. Recently, though, the Nasdaq's rise has taken a bit of a pause.ARK Invest's CEO and chief investment officer, Cathie Wood, has gotten a lot of notoriety for her stock picking prowess over the past year, largely because she's embraced some of the best stocks on the Nasdaq.Teslais the best-known of Wood's top picks, and odds are you already know as much as you want to know about the electric vehicle specialist. However, some other Nasdaq stocks aren't as familiar to ordinary investors even though they have their own opportunities to soar in the years ahead. Below, we'll look at two of the stocks you'll find prominently among ARK Invest exchange-traded fund (ETF) holdings that probably haven't made it onto your radar screen.A play on automationTrimble(NASDAQ:TRMB)isn't a new company, but it has quickly become one of Wood's favorite picks. The stock is the third-largest position in ARK Invest'sAutonomous Technology & Robotics ETF, making up more than $180 million at recent prices. That's not a huge amount by ARK's standards, but it gives the fund manager a 1% stake in Trimble.Founded more than 40 years ago, Trimble's software, hardware, and services are geared toward modeling, data analytics, connectivity, and positioning. Trimble serves a vast array of industries ranging from transportation and utilities to agriculture, construction, and geospacial surveys and mapping.ARK Invest has long been afan of Trimble. In the agricultural space, Trimble's systems have allowed automated farm equipment to use global positioning system navigation to maximize planting, fertilizing, and harvesting efficiency. Trimble will likely play a role in space exploration as well, adding to its optionality.Trimble shares have doubled since last April, but the company has considerable growth potential. There's room for Trimble's stock to keep rising if it can keep capitalizing on opportunities in automation, and with the share price down almost 5% on Tuesday, investors would get a bit of a bargain on Trimble currently.A new Twist on geneticsMeanwhile, ARK Invest has made an even bigger investment in genetics specialistTwist Bioscience(NASDAQ:TWST). The company weighs in at No. 5 among holdings of theARK Genomic Revolution Multi-Sector ETF(NYSEMKT:ARKG), and the nearly $420 million ARK Invest has invested in Twist amounts to about 7% of Twist's outstanding shares. Twist's stock has been extremely volatile lately, having risen as much as eightfold from its lows last year before falling back by about a third since mid-January.Twist's business centers on DNA synthesis, with a cutting-edge genomic sequencing system that can produce viable synthetic genetic material for use in experiments at biotech and biopharmaceutical companies and research institutions. Wood has identified Twist's ability to help clinicians find signals indicating potential cancer as groundbreaking in the field, with the capacity to enable earlier detection and likely save large numbers of lives.At this stage, Twist is going through a pattern that's familiar to high-growth investors. In its most recent quarterly numbers,Twist reported a 64% jump in revenue, with losses narrowing from year-earlier levels. Yet the stock failed to gain ground, leading some to conclude that its recent gains precluded it from benefiting from the good news on the business fundamentals front. Shares are down another 2% on Tuesday afternoon, but that only makes the value proposition that much better for those interested in the genomics stock.Keep your eyes on Wood's buysEven Cathie Wood doesn't bat a thousand with her stock picks, so there's no guarantee that Twist or Trimble will keep rising. Nevertheless, these two companies have attractive businesses and have rewarded shareholders so far. That bodes well for their prospects in the near future as well.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353316892,"gmtCreate":1616460980216,"gmtModify":1634525714823,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Feeling rich","listText":"Feeling rich","text":"Feeling rich","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353316892","repostId":"2121807127","repostType":4,"isVote":1,"tweetType":1,"viewCount":3072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359121481,"gmtCreate":1616375314543,"gmtModify":1634526195730,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/359121481","repostId":"1169559774","repostType":4,"repost":{"id":"1169559774","kind":"news","pubTimestamp":1616374328,"share":"https://www.laohu8.com/m/news/1169559774?lang=zh_CN&edition=full","pubTime":"2021-03-22 08:52","market":"us","language":"en","title":"Morgan Stanley: This Cycle Will Burn \"Hotter And Shorter\" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169559774","media":"zerohedge","summary":"This discussion needs to start with an obvious question:Is this even a ‘new’ cycle?COVID-19 brought ","content":"<p>This discussion needs to start with an obvious question:<b>Is this even a ‘new’ cycle?</b>COVID-19 brought the global economy to a sudden stop, while an aggressive policy response drove a rapid recovery. Some investors argue that both were so fast that<b>conditions never ‘reset’ in the way they usually do during recessions.</b></p><p><blockquote>这个讨论需要从一个显而易见的问题开始：<b>这是一个“新”周期吗？</b>新冠肺炎让全球经济戛然而止，而积极的政策应对推动了快速复苏。一些投资者认为，两者的速度都太快了<b>情况永远不会像经济衰退期间那样“重置”。</b></blockquote></p><p> All cycles have their quirks. The last three US recessions were adjacent to: 1) The largest equity bubble in history; 2) The largest financial crisis since the Great Depression; and 3) A global pandemic. If you’re looking for a 'normal' recession, good luck!</p><p><blockquote>所有的周期都有它们的怪癖。美国最近三次衰退毗邻：1）历史上最大的股市泡沫；2）大萧条以来最大的金融危机；和3)全球大流行。如果您正在寻找“正常”衰退，祝您好运！</blockquote></p><p> Surprisingly, as different as these three recessions were, they were all preceded by similar phenomena. All three saw an inverted yield curve within ~6 months before they started. All three followed a Fed hiking cycle and core CPI above 2.4%Y. All three were preceded by high consumer confidence, low unemployment and declining equity market breadth.</p><p><blockquote>令人惊讶的是，尽管这三次衰退各不相同，但它们之前都有类似的现象。这三家公司在开始前约6个月内都出现了收益率曲线倒挂。这三者都遵循了美联储加息周期，核心CPI同比均高于2.4%。在这三个时期之前，消费者信心高、失业率低和股市广度下降。</blockquote></p><p> Those are an awful lot of similarities. And they carry through to the recovery. Since the lows of activity in April 2020, 'normal' early-cycle investment strategies have worked very well. Corporate default rates have been similar to other recessions when measured on a rolling two-year basis. If it walks like a new cycle and talks like a new cycle,<b>we think that investors should treat it like a new cycle.</b></p><p><blockquote>这些有太多的相似之处。他们会一直持续到康复。自2020年4月活动低点以来，“正常”的早期周期投资策略效果非常好。按两年滚动计算，企业违约率与其他衰退相似。如果它走路像新周期，说话像新周期，<b>我们认为投资者应该将其视为一个新的周期。</b></blockquote></p><p> Yet while this cycle has so far followed many 'normal' patterns, its evolution could be unique. For several reasons, in the US and globally, this cycle could burn unusually hot.</p><p><blockquote>然而，尽管这一周期迄今为止遵循了许多“正常”模式，但它的演变可能是独一无二的。出于多种原因，在美国和全球范围内，这一周期可能会异常火爆。</blockquote></p><p> <ul>  <li><b>The first is stimulus.</b>The global economy is seeing record levels of fiscal and monetary stimulus at the same time. 'Unprecedented' is an overused word in our business, but this cycle qualifies and is unique among other post-recessionary periods.</p><p><blockquote><ul><li><b>首先是刺激。</b>全球经济同时出现创纪录水平的财政和货币刺激。在我们的业务中，“前所未有”是一个被过度使用的词，但这个周期在其他衰退后时期中是合格且独特的。</li></ul></blockquote></p><p></li>  <li><b>The second is savings.</b>Savings rates stand at historical highs in the US, Europe and China. While the distribution of these savings is uneven, they provide substantial fuel for consumption. Corporate cash balances are also elevated, a buffer against COVID-19 uncertainty that could find its way into spending as confidence returns.</p><p><blockquote><li><b>二是储蓄。</b>美国、欧洲和中国的储蓄率处于历史高位。虽然这些储蓄的分布不均，但它们为消费提供了大量燃料。企业现金余额也有所增加，这是对COVID-19不确定性的缓冲，随着信心的恢复，这种不确定性可能会影响支出。</li></blockquote></p><p></li>  <li><b>Third is the labor market.</b>Our economists note that the majority of recent job losses were in COVID-19-related sectors. If the economy can reopen safely, it seems reasonable that we could see an unusually fast labour normalization as these sectors come back.</p><p><blockquote><li><b>三是劳动力市场。</b>我们的经济学家指出，最近的大部分失业发生在与COVID-19相关的行业。如果经济能够安全地重新开放，随着这些行业的回归，我们可能会看到异常快速的劳动力正常化，这似乎是合理的。</li></blockquote></p><p></li>  <li><b>Finally, there is the future path of policy.</b>Global central banks are signalling a strong commitment to supporting growth and returning inflation to more normal levels. Governments are showing little desire to eventually raise taxes or cut spending. Both stances suggest a hotter cycle, less likely to be restrained by policy tightening than the previous expansions.</p><p><blockquote><li><b>最后是政策的未来路径。</b>全球央行正在发出坚定承诺支持增长并将通胀恢复到更正常的水平的信号。各国政府没有表现出最终提高税收或削减支出的意愿。这两种立场都表明了一个更热的周期，与之前的扩张相比，不太可能受到政策收紧的限制。</li></blockquote></p><p></li> </ul> For all these reasons, our economists think that growth and inflation will exceed expectations over the next two years.<b>But just like in the cosmos, what burns hotter may also burn shorter.</b>Unlike the long expansions that defined the last 40 years, this one might look more similar to the late 1940s or 1950s.</p><p><blockquote>出于所有这些原因，我们的经济学家认为未来两年的增长和通胀将超出预期。<b>但是就像在宇宙中一样，燃烧得更热的东西也可能燃烧得更短。</b>与过去40年的长期扩张不同，这次扩张可能看起来更类似于20世纪40年代末或50年代。</blockquote></p><p> Short cycles can still mean good growth and multi-year expansions. The Roaring Twenties saw recessions in 1920, 1923 and 1926 (and, of course, 1929). The US economy grew at an enviable 4% rate between 1947 and 1960, despite recessions in 1948, 1953, 1957 and 1960. Each expansion lasted at least three years.</p><p><blockquote>短周期仍然意味着良好的增长和多年的扩张。咆哮的二十年代见证了1920年、1923年和1926年（当然还有1929年）的经济衰退。尽管1948年、1953年、1957年和1960年出现了衰退，但美国经济在1947年至1960年间以令人羡慕的4%的速度增长。每次扩张至少持续了三年。</blockquote></p><p> But this does mean that investors need to be more nimble. Different investments work in different parts of the economic cycle.<b>If this cycle burns hotter and shorter, we need to start thinking about rotating out of early-cycle winners.</b></p><p><blockquote>但这确实意味着投资者需要更加灵活。不同的投资在经济周期的不同部分发挥作用。<b>如果这个周期燃烧得更热、更短，我们需要开始考虑轮换出早期周期的赢家。</b></blockquote></p><p> Where should we look? US small-cap versus large-cap equities, copper versus gold and corporate credit are all strategies that we’ve liked given historically strong performance following recessions. But all do less well as the cycle extends. My colleague<b>Michael Wilson recently downgraded US small caps</b>(see<i>US Equity Strategy: Weekly Warm-up: The Cycle vs Liquidity; Downgrading Small Caps; Earnings &gt; Multiple, March 15, 2021</i>), an example of how we are looking to exit some early-cycle strategies.</p><p><blockquote>我们应该去哪里找？鉴于经济衰退后的历史强劲表现，美国小盘股与大盘股、铜与黄金以及企业信贷都是我们喜欢的策略。但随着周期的延长，所有这些都表现不佳。我的同事<b>迈克尔·威尔逊最近下调了美国小盘股的评级</b>（见<i>美股策略：周度预热：周期vs流动性；下调小盘股评级；收益&gt;倍数，2021年3月15日</i>），这是我们如何寻求退出一些早期周期策略的一个例子。</blockquote></p><p> Sector and regional leadership can also vary significantly as the cycle progresses.<b>Emerging market equities historically do best following a recession, but then lag</b>. Stocks in Europe and Japan have done better as the economy matures.</p><p><blockquote>随着周期的进展，部门和区域领导力也可能发生显着变化。<b>从历史上看，新兴市场股市在经济衰退后表现最好，但随后会滞后</b>随着经济的成熟，欧洲和日本的股市表现更好。</blockquote></p><p> Will conditions run too hot? One metric I’m following closely is the<b>US breakeven expectations curve</b>. At the moment, it is reflecting a modest overshoot of inflation over the next 2-5 years...</p><p><blockquote>天气会不会太热？我密切关注的一个指标是<b>美国盈亏平衡预期曲线</b>目前，它反映了未来2-5年通胀的适度超调...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a18991a80e78a2ab365c583482078a91\" tg-width=\"500\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> ... followed by lower levels of inflation thereafter. That would appear to be exactly what the Fed hopes to deliver, wrapped up neatly with a nice little bow.</p><p><blockquote>...此后通胀水平较低。这似乎正是美联储希望提供的，用一个漂亮的小蝴蝶结整齐地包裹着。</blockquote></p><p></p><p> As long as that curve remains inverted, the market is signalling that inflationary pressure will be transitory, and there is little need for central banks to sharply change tack. Maybe this is correct. Maybe it is an example of expectations being driven by recent experience. Either way, it’s an important dynamic to watch.</p><p><blockquote>只要该曲线保持倒挂，市场就表明通胀压力将是暂时的，央行几乎没有必要大幅改变策略。也许这是正确的。也许这是一个由最近的经验驱动的期望的例子。不管怎样，这都是一个值得关注的重要动态。</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 Burn \"Hotter And Shorter\" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</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 Burn \"Hotter And Shorter\" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-03-22 08:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>This discussion needs to start with an obvious question:<b>Is this even a ‘new’ cycle?</b>COVID-19 brought the global economy to a sudden stop, while an aggressive policy response drove a rapid recovery. Some investors argue that both were so fast that<b>conditions never ‘reset’ in the way they usually do during recessions.</b></p><p><blockquote>这个讨论需要从一个显而易见的问题开始：<b>这是一个“新”周期吗？</b>新冠肺炎让全球经济戛然而止，而积极的政策应对推动了快速复苏。一些投资者认为，两者的速度都太快了<b>情况永远不会像经济衰退期间那样“重置”。</b></blockquote></p><p> All cycles have their quirks. The last three US recessions were adjacent to: 1) The largest equity bubble in history; 2) The largest financial crisis since the Great Depression; and 3) A global pandemic. If you’re looking for a 'normal' recession, good luck!</p><p><blockquote>所有的周期都有它们的怪癖。美国最近三次衰退毗邻：1）历史上最大的股市泡沫；2）大萧条以来最大的金融危机；和3)全球大流行。如果您正在寻找“正常”衰退，祝您好运！</blockquote></p><p> Surprisingly, as different as these three recessions were, they were all preceded by similar phenomena. All three saw an inverted yield curve within ~6 months before they started. All three followed a Fed hiking cycle and core CPI above 2.4%Y. All three were preceded by high consumer confidence, low unemployment and declining equity market breadth.</p><p><blockquote>令人惊讶的是，尽管这三次衰退各不相同，但它们之前都有类似的现象。这三家公司在开始前约6个月内都出现了收益率曲线倒挂。这三者都遵循了美联储加息周期，核心CPI同比均高于2.4%。在这三个时期之前，消费者信心高、失业率低和股市广度下降。</blockquote></p><p> Those are an awful lot of similarities. And they carry through to the recovery. Since the lows of activity in April 2020, 'normal' early-cycle investment strategies have worked very well. Corporate default rates have been similar to other recessions when measured on a rolling two-year basis. If it walks like a new cycle and talks like a new cycle,<b>we think that investors should treat it like a new cycle.</b></p><p><blockquote>这些有太多的相似之处。他们会一直持续到康复。自2020年4月活动低点以来，“正常”的早期周期投资策略效果非常好。按两年滚动计算，企业违约率与其他衰退相似。如果它走路像新周期，说话像新周期，<b>我们认为投资者应该将其视为一个新的周期。</b></blockquote></p><p> Yet while this cycle has so far followed many 'normal' patterns, its evolution could be unique. For several reasons, in the US and globally, this cycle could burn unusually hot.</p><p><blockquote>然而，尽管这一周期迄今为止遵循了许多“正常”模式，但它的演变可能是独一无二的。出于多种原因，在美国和全球范围内，这一周期可能会异常火爆。</blockquote></p><p> <ul>  <li><b>The first is stimulus.</b>The global economy is seeing record levels of fiscal and monetary stimulus at the same time. 'Unprecedented' is an overused word in our business, but this cycle qualifies and is unique among other post-recessionary periods.</p><p><blockquote><ul><li><b>首先是刺激。</b>全球经济同时出现创纪录水平的财政和货币刺激。在我们的业务中，“前所未有”是一个被过度使用的词，但这个周期在其他衰退后时期中是合格且独特的。</li></ul></blockquote></p><p></li>  <li><b>The second is savings.</b>Savings rates stand at historical highs in the US, Europe and China. While the distribution of these savings is uneven, they provide substantial fuel for consumption. Corporate cash balances are also elevated, a buffer against COVID-19 uncertainty that could find its way into spending as confidence returns.</p><p><blockquote><li><b>二是储蓄。</b>美国、欧洲和中国的储蓄率处于历史高位。虽然这些储蓄的分布不均，但它们为消费提供了大量燃料。企业现金余额也有所增加，这是对COVID-19不确定性的缓冲，随着信心的恢复，这种不确定性可能会影响支出。</li></blockquote></p><p></li>  <li><b>Third is the labor market.</b>Our economists note that the majority of recent job losses were in COVID-19-related sectors. If the economy can reopen safely, it seems reasonable that we could see an unusually fast labour normalization as these sectors come back.</p><p><blockquote><li><b>三是劳动力市场。</b>我们的经济学家指出，最近的大部分失业发生在与COVID-19相关的行业。如果经济能够安全地重新开放，随着这些行业的回归，我们可能会看到异常快速的劳动力正常化，这似乎是合理的。</li></blockquote></p><p></li>  <li><b>Finally, there is the future path of policy.</b>Global central banks are signalling a strong commitment to supporting growth and returning inflation to more normal levels. Governments are showing little desire to eventually raise taxes or cut spending. Both stances suggest a hotter cycle, less likely to be restrained by policy tightening than the previous expansions.</p><p><blockquote><li><b>最后是政策的未来路径。</b>全球央行正在发出坚定承诺支持增长并将通胀恢复到更正常的水平的信号。各国政府没有表现出最终提高税收或削减支出的意愿。这两种立场都表明了一个更热的周期，与之前的扩张相比，不太可能受到政策收紧的限制。</li></blockquote></p><p></li> </ul> For all these reasons, our economists think that growth and inflation will exceed expectations over the next two years.<b>But just like in the cosmos, what burns hotter may also burn shorter.</b>Unlike the long expansions that defined the last 40 years, this one might look more similar to the late 1940s or 1950s.</p><p><blockquote>出于所有这些原因，我们的经济学家认为未来两年的增长和通胀将超出预期。<b>但是就像在宇宙中一样，燃烧得更热的东西也可能燃烧得更短。</b>与过去40年的长期扩张不同，这次扩张可能看起来更类似于20世纪40年代末或50年代。</blockquote></p><p> Short cycles can still mean good growth and multi-year expansions. The Roaring Twenties saw recessions in 1920, 1923 and 1926 (and, of course, 1929). The US economy grew at an enviable 4% rate between 1947 and 1960, despite recessions in 1948, 1953, 1957 and 1960. Each expansion lasted at least three years.</p><p><blockquote>短周期仍然意味着良好的增长和多年的扩张。咆哮的二十年代见证了1920年、1923年和1926年（当然还有1929年）的经济衰退。尽管1948年、1953年、1957年和1960年出现了衰退，但美国经济在1947年至1960年间以令人羡慕的4%的速度增长。每次扩张至少持续了三年。</blockquote></p><p> But this does mean that investors need to be more nimble. Different investments work in different parts of the economic cycle.<b>If this cycle burns hotter and shorter, we need to start thinking about rotating out of early-cycle winners.</b></p><p><blockquote>但这确实意味着投资者需要更加灵活。不同的投资在经济周期的不同部分发挥作用。<b>如果这个周期燃烧得更热、更短，我们需要开始考虑轮换出早期周期的赢家。</b></blockquote></p><p> Where should we look? US small-cap versus large-cap equities, copper versus gold and corporate credit are all strategies that we’ve liked given historically strong performance following recessions. But all do less well as the cycle extends. My colleague<b>Michael Wilson recently downgraded US small caps</b>(see<i>US Equity Strategy: Weekly Warm-up: The Cycle vs Liquidity; Downgrading Small Caps; Earnings &gt; Multiple, March 15, 2021</i>), an example of how we are looking to exit some early-cycle strategies.</p><p><blockquote>我们应该去哪里找？鉴于经济衰退后的历史强劲表现，美国小盘股与大盘股、铜与黄金以及企业信贷都是我们喜欢的策略。但随着周期的延长，所有这些都表现不佳。我的同事<b>迈克尔·威尔逊最近下调了美国小盘股的评级</b>（见<i>美股策略：周度预热：周期vs流动性；下调小盘股评级；收益&gt;倍数，2021年3月15日</i>），这是我们如何寻求退出一些早期周期策略的一个例子。</blockquote></p><p> Sector and regional leadership can also vary significantly as the cycle progresses.<b>Emerging market equities historically do best following a recession, but then lag</b>. Stocks in Europe and Japan have done better as the economy matures.</p><p><blockquote>随着周期的进展，部门和区域领导力也可能发生显着变化。<b>从历史上看，新兴市场股市在经济衰退后表现最好，但随后会滞后</b>随着经济的成熟，欧洲和日本的股市表现更好。</blockquote></p><p> Will conditions run too hot? One metric I’m following closely is the<b>US breakeven expectations curve</b>. At the moment, it is reflecting a modest overshoot of inflation over the next 2-5 years...</p><p><blockquote>天气会不会太热？我密切关注的一个指标是<b>美国盈亏平衡预期曲线</b>目前，它反映了未来2-5年通胀的适度超调...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a18991a80e78a2ab365c583482078a91\" tg-width=\"500\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> ... followed by lower levels of inflation thereafter. That would appear to be exactly what the Fed hopes to deliver, wrapped up neatly with a nice little bow.</p><p><blockquote>...此后通胀水平较低。这似乎正是美联储希望提供的，用一个漂亮的小蝴蝶结整齐地包裹着。</blockquote></p><p></p><p> As long as that curve remains inverted, the market is signalling that inflationary pressure will be transitory, and there is little need for central banks to sharply change tack. Maybe this is correct. Maybe it is an example of expectations being driven by recent experience. Either way, it’s an important dynamic to watch.</p><p><blockquote>只要该曲线保持倒挂，市场就表明通胀压力将是暂时的，央行几乎没有必要大幅改变策略。也许这是正确的。也许这是一个由最近的经验驱动的期望的例子。不管怎样，这都是一个值得关注的重要动态。</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-burn-hotter-and-shoter-so-start-thinking-about-rotating-out-early\">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":"https://static.tigerbbs.com/d2488184ce4815610e2426c10250da75","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-burn-hotter-and-shoter-so-start-thinking-about-rotating-out-early","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169559774","content_text":"This discussion needs to start with an obvious question:Is this even a ‘new’ cycle?COVID-19 brought the global economy to a sudden stop, while an aggressive policy response drove a rapid recovery. Some investors argue that both were so fast thatconditions never ‘reset’ in the way they usually do during recessions.\nAll cycles have their quirks. The last three US recessions were adjacent to: 1) The largest equity bubble in history; 2) The largest financial crisis since the Great Depression; and 3) A global pandemic. If you’re looking for a 'normal' recession, good luck!\nSurprisingly, as different as these three recessions were, they were all preceded by similar phenomena. All three saw an inverted yield curve within ~6 months before they started. All three followed a Fed hiking cycle and core CPI above 2.4%Y. All three were preceded by high consumer confidence, low unemployment and declining equity market breadth.\nThose are an awful lot of similarities. And they carry through to the recovery. Since the lows of activity in April 2020, 'normal' early-cycle investment strategies have worked very well. Corporate default rates have been similar to other recessions when measured on a rolling two-year basis. If it walks like a new cycle and talks like a new cycle,we think that investors should treat it like a new cycle.\nYet while this cycle has so far followed many 'normal' patterns, its evolution could be unique. For several reasons, in the US and globally, this cycle could burn unusually hot.\n\nThe first is stimulus.The global economy is seeing record levels of fiscal and monetary stimulus at the same time. 'Unprecedented' is an overused word in our business, but this cycle qualifies and is unique among other post-recessionary periods.\nThe second is savings.Savings rates stand at historical highs in the US, Europe and China. While the distribution of these savings is uneven, they provide substantial fuel for consumption. Corporate cash balances are also elevated, a buffer against COVID-19 uncertainty that could find its way into spending as confidence returns.\nThird is the labor market.Our economists note that the majority of recent job losses were in COVID-19-related sectors. If the economy can reopen safely, it seems reasonable that we could see an unusually fast labour normalization as these sectors come back.\nFinally, there is the future path of policy.Global central banks are signalling a strong commitment to supporting growth and returning inflation to more normal levels. Governments are showing little desire to eventually raise taxes or cut spending. Both stances suggest a hotter cycle, less likely to be restrained by policy tightening than the previous expansions.\n\nFor all these reasons, our economists think that growth and inflation will exceed expectations over the next two years.But just like in the cosmos, what burns hotter may also burn shorter.Unlike the long expansions that defined the last 40 years, this one might look more similar to the late 1940s or 1950s.\nShort cycles can still mean good growth and multi-year expansions. The Roaring Twenties saw recessions in 1920, 1923 and 1926 (and, of course, 1929). The US economy grew at an enviable 4% rate between 1947 and 1960, despite recessions in 1948, 1953, 1957 and 1960. Each expansion lasted at least three years.\nBut this does mean that investors need to be more nimble. Different investments work in different parts of the economic cycle.If this cycle burns hotter and shorter, we need to start thinking about rotating out of early-cycle winners.\nWhere should we look? US small-cap versus large-cap equities, copper versus gold and corporate credit are all strategies that we’ve liked given historically strong performance following recessions. But all do less well as the cycle extends. My colleagueMichael Wilson recently downgraded US small caps(seeUS Equity Strategy: Weekly Warm-up: The Cycle vs Liquidity; Downgrading Small Caps; Earnings > Multiple, March 15, 2021), an example of how we are looking to exit some early-cycle strategies.\nSector and regional leadership can also vary significantly as the cycle progresses.Emerging market equities historically do best following a recession, but then lag. Stocks in Europe and Japan have done better as the economy matures.\nWill conditions run too hot? One metric I’m following closely is theUS breakeven expectations curve. At the moment, it is reflecting a modest overshoot of inflation over the next 2-5 years...\n\n... followed by lower levels of inflation thereafter. That would appear to be exactly what the Fed hopes to deliver, wrapped up neatly with a nice little bow.\nAs long as that curve remains inverted, the market is signalling that inflationary pressure will be transitory, and there is little need for central banks to sharply change tack. Maybe this is correct. Maybe it is an example of expectations being driven by recent experience. Either way, it’s an important dynamic to watch.","news_type":1,"symbols_score_info":{"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":2683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350015275,"gmtCreate":1616137451397,"gmtModify":1634527048603,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow powerful","listText":"Wow powerful","text":"Wow powerful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350015275","repostId":"1158672278","repostType":4,"isVote":1,"tweetType":1,"viewCount":1793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325920385,"gmtCreate":1615858300547,"gmtModify":1703494058273,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325920385","repostId":"1130810138","repostType":4,"repost":{"id":"1130810138","kind":"news","pubTimestamp":1615857713,"share":"https://www.laohu8.com/m/news/1130810138?lang=zh_CN&edition=full","pubTime":"2021-03-16 09:21","market":"us","language":"en","title":"AMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130810138","media":"TheStreet","summary":"Like other tech stocks, Advanced Micro Devices (AMD) hasn't fared too well lately.\nAlthough it’s hel","content":"<p>Like other tech stocks, Advanced Micro Devices&nbsp;(<b>AMD</b>) hasn't fared too well lately.</p><p><blockquote>与其他科技股一样，Advanced Micro Devices(<b>AMD</b>）最近过得不太好。</blockquote></p><p> Although it’s held up better than some of its high-growth peers, AMD hasn’t been immune to the decline in tech stocks.</p><p><blockquote>尽管AMD的表现优于一些高增长同行，但它也未能幸免于科技股下跌的影响。</blockquote></p><p> While&nbsp;higher interest rates have been the blame, the entire tech space has been struggling. Shares of AMD fell 25.5% from peak to their recent trough, which is about in-line with Nvidia’s&nbsp;(<b>NVDA</b>) &nbsp;recent slide.</p><p><blockquote>尽管利率上升是罪魁祸首，但整个科技领域一直在苦苦挣扎。AMD股价从峰值下跌25.5%至近期低点，与Nvidia的股价大致一致（<b>NVDA</b>）最近的幻灯片。</blockquote></p><p> I liked Nvidia on the dip&nbsp;and because both companies have great fundamentals I like AMD on the dip too.</p><p><blockquote>我喜欢下跌的英伟达，因为两家公司都有很好的基本面，我也喜欢下跌的AMD。</blockquote></p><p> So far, shares have been rallying nicely off last week’s low. Let’s take a closer look at the chart to see what the damage is.</p><p><blockquote>到目前为止，股价已从上周的低点大幅反弹。让我们仔细看看图表，看看损害是什么。</blockquote></p><p> <b>Trading AMD</b></p><p><blockquote><b>交易AMD</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1746940036301b9d0299b9304312180\" tg-width=\"1070\" tg-height=\"736\"><span>Daily chart of AMD stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD股票日线图。</span></p></blockquote></p><p> Earlier in the year, AMD looked set to test $100 and potentially break out over this mark.</p><p><blockquote>今年早些时候，AMD看起来将测试100美元，并有可能突破这一关口。</blockquote></p><p> Instead, it kept finding sellers on each rally, even as the $87 level was acting as support along with the 100-day moving average.</p><p><blockquote>相反，它在每次反弹中不断找到卖家，即使87美元水平与100日移动平均线一起充当支撑。</blockquote></p><p> Ultimately these levels failed as support, with shares flushing down to the 200-day moving average.</p><p><blockquote>最终，这些水平未能作为支撑，股价跌至200日移动平均线。</blockquote></p><p> It wasn’t necessarily wrong for investors to expect the 200-day moving average to be support. However, with rising interest rates driving the narrative, tech stocks were under heavy pressure.</p><p><blockquote>投资者预期200日移动平均线是支撑位并不一定是错误的。然而，随着利率上升推动这一说法，科技股面临沉重压力。</blockquote></p><p> Once this level failed for AMD, it looked dicey. That is, unless you were looking at multiple timeframes.</p><p><blockquote>一旦AMD的这一水平失败，它看起来就很冒险。也就是说，除非你在看多个时间框架。</blockquote></p><p> AMD stock traded down perfectly to range support near $74, as well as the 50-week moving average. It bounced from this level on Friday March 5th and closed at it on Monday March 8th. Since then, it’s been enjoying a strong rally.</p><p><blockquote>AMD股价完美下跌至74美元附近的区间支撑位以及50周移动平均线。它于3月5日星期五从该水平反弹，并于3月8日星期一收于该水平。从那时起，它一直在享受强劲的反弹。</blockquote></p><p> From here, we have to see how the stock handles its 100-day moving average and the $87 level. These prior measures were support. If they are reclaimed, they can again act as support.</p><p><blockquote>从这里开始，我们必须看看该股如何处理其100日移动平均线和87美元水平。这些先前的措施得到了支持。如果它们被回收，它们可以再次充当支撑。</blockquote></p><p> However, if they are resistance, AMD stock may need more time to consolidate.</p><p><blockquote>然而，如果它们是阻力，AMD股票可能需要更多时间来盘整。</blockquote></p><p> On the downside, let’s see if shares can stay above the 200-day moving average. If the stock can do so, it’s likely a buyable dip. Below it puts the 50-week moving average in play.</p><p><blockquote>下行方面，让我们看看股价能否保持在200日均线之上。如果该股能够做到这一点，那么它可能是一个可买入的下跌。低于它的是50周移动平均线。</blockquote></p><p> Even though I don't know if $78 or $88 is next, I like AMD stock for the long term. It has too many catalysts to ignore.</p><p><blockquote>尽管我不知道下一个是78美元还是88美元，但从长远来看，我喜欢AMD股票。它有太多不容忽视的催化剂。</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>AMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</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\">\nAMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-03-16 09:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Like other tech stocks, Advanced Micro Devices&nbsp;(<b>AMD</b>) hasn't fared too well lately.</p><p><blockquote>与其他科技股一样，Advanced Micro Devices(<b>AMD</b>）最近过得不太好。</blockquote></p><p> Although it’s held up better than some of its high-growth peers, AMD hasn’t been immune to the decline in tech stocks.</p><p><blockquote>尽管AMD的表现优于一些高增长同行，但它也未能幸免于科技股下跌的影响。</blockquote></p><p> While&nbsp;higher interest rates have been the blame, the entire tech space has been struggling. Shares of AMD fell 25.5% from peak to their recent trough, which is about in-line with Nvidia’s&nbsp;(<b>NVDA</b>) &nbsp;recent slide.</p><p><blockquote>尽管利率上升是罪魁祸首，但整个科技领域一直在苦苦挣扎。AMD股价从峰值下跌25.5%至近期低点，与Nvidia的股价大致一致（<b>NVDA</b>）最近的幻灯片。</blockquote></p><p> I liked Nvidia on the dip&nbsp;and because both companies have great fundamentals I like AMD on the dip too.</p><p><blockquote>我喜欢下跌的英伟达，因为两家公司都有很好的基本面，我也喜欢下跌的AMD。</blockquote></p><p> So far, shares have been rallying nicely off last week’s low. Let’s take a closer look at the chart to see what the damage is.</p><p><blockquote>到目前为止，股价已从上周的低点大幅反弹。让我们仔细看看图表，看看损害是什么。</blockquote></p><p> <b>Trading AMD</b></p><p><blockquote><b>交易AMD</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1746940036301b9d0299b9304312180\" tg-width=\"1070\" tg-height=\"736\"><span>Daily chart of AMD stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD股票日线图。</span></p></blockquote></p><p> Earlier in the year, AMD looked set to test $100 and potentially break out over this mark.</p><p><blockquote>今年早些时候，AMD看起来将测试100美元，并有可能突破这一关口。</blockquote></p><p> Instead, it kept finding sellers on each rally, even as the $87 level was acting as support along with the 100-day moving average.</p><p><blockquote>相反，它在每次反弹中不断找到卖家，即使87美元水平与100日移动平均线一起充当支撑。</blockquote></p><p> Ultimately these levels failed as support, with shares flushing down to the 200-day moving average.</p><p><blockquote>最终，这些水平未能作为支撑，股价跌至200日移动平均线。</blockquote></p><p> It wasn’t necessarily wrong for investors to expect the 200-day moving average to be support. However, with rising interest rates driving the narrative, tech stocks were under heavy pressure.</p><p><blockquote>投资者预期200日移动平均线是支撑位并不一定是错误的。然而，随着利率上升推动这一说法，科技股面临沉重压力。</blockquote></p><p> Once this level failed for AMD, it looked dicey. That is, unless you were looking at multiple timeframes.</p><p><blockquote>一旦AMD的这一水平失败，它看起来就很冒险。也就是说，除非你在看多个时间框架。</blockquote></p><p> AMD stock traded down perfectly to range support near $74, as well as the 50-week moving average. It bounced from this level on Friday March 5th and closed at it on Monday March 8th. Since then, it’s been enjoying a strong rally.</p><p><blockquote>AMD股价完美下跌至74美元附近的区间支撑位以及50周移动平均线。它于3月5日星期五从该水平反弹，并于3月8日星期一收于该水平。从那时起，它一直在享受强劲的反弹。</blockquote></p><p> From here, we have to see how the stock handles its 100-day moving average and the $87 level. These prior measures were support. If they are reclaimed, they can again act as support.</p><p><blockquote>从这里开始，我们必须看看该股如何处理其100日移动平均线和87美元水平。这些先前的措施得到了支持。如果它们被回收，它们可以再次充当支撑。</blockquote></p><p> However, if they are resistance, AMD stock may need more time to consolidate.</p><p><blockquote>然而，如果它们是阻力，AMD股票可能需要更多时间来盘整。</blockquote></p><p> On the downside, let’s see if shares can stay above the 200-day moving average. If the stock can do so, it’s likely a buyable dip. Below it puts the 50-week moving average in play.</p><p><blockquote>下行方面，让我们看看股价能否保持在200日均线之上。如果该股能够做到这一点，那么它可能是一个可买入的下跌。低于它的是50周移动平均线。</blockquote></p><p> Even though I don't know if $78 or $88 is next, I like AMD stock for the long term. It has too many catalysts to ignore.</p><p><blockquote>尽管我不知道下一个是78美元还是88美元，但从长远来看，我喜欢AMD股票。它有太多不容忽视的催化剂。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/advanced-micro-devices-amd-stock-buy-the-dip-trading\">TheStreet</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":{"AMD":"美国超微公司"},"source_url":"https://www.thestreet.com/investing/advanced-micro-devices-amd-stock-buy-the-dip-trading","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130810138","content_text":"Like other tech stocks, Advanced Micro Devices (AMD) hasn't fared too well lately.\nAlthough it’s held up better than some of its high-growth peers, AMD hasn’t been immune to the decline in tech stocks.\nWhile higher interest rates have been the blame, the entire tech space has been struggling. Shares of AMD fell 25.5% from peak to their recent trough, which is about in-line with Nvidia’s (NVDA)  recent slide.\nI liked Nvidia on the dip and because both companies have great fundamentals I like AMD on the dip too.\nSo far, shares have been rallying nicely off last week’s low. Let’s take a closer look at the chart to see what the damage is.\nTrading AMD\nDaily chart of AMD stock.\nEarlier in the year, AMD looked set to test $100 and potentially break out over this mark.\nInstead, it kept finding sellers on each rally, even as the $87 level was acting as support along with the 100-day moving average.\nUltimately these levels failed as support, with shares flushing down to the 200-day moving average.\nIt wasn’t necessarily wrong for investors to expect the 200-day moving average to be support. However, with rising interest rates driving the narrative, tech stocks were under heavy pressure.\nOnce this level failed for AMD, it looked dicey. That is, unless you were looking at multiple timeframes.\nAMD stock traded down perfectly to range support near $74, as well as the 50-week moving average. It bounced from this level on Friday March 5th and closed at it on Monday March 8th. Since then, it’s been enjoying a strong rally.\nFrom here, we have to see how the stock handles its 100-day moving average and the $87 level. These prior measures were support. If they are reclaimed, they can again act as support.\nHowever, if they are resistance, AMD stock may need more time to consolidate.\nOn the downside, let’s see if shares can stay above the 200-day moving average. If the stock can do so, it’s likely a buyable dip. Below it puts the 50-week moving average in play.\nEven though I don't know if $78 or $88 is next, I like AMD stock for the long term. It has too many catalysts to ignore.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":2934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322137694,"gmtCreate":1615781905718,"gmtModify":1703492863463,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow how possible","listText":"Wow how possible","text":"Wow how possible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/322137694","repostId":"1166656113","repostType":4,"isVote":1,"tweetType":1,"viewCount":1626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326554473,"gmtCreate":1615689827392,"gmtModify":1703492098898,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Cmon Tesla!","listText":"Cmon Tesla!","text":"Cmon Tesla!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326554473","repostId":"1100128328","repostType":4,"repost":{"id":"1100128328","kind":"news","pubTimestamp":1615563404,"share":"https://www.laohu8.com/m/news/1100128328?lang=zh_CN&edition=full","pubTime":"2021-03-12 23:36","market":"us","language":"en","title":"Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100128328","media":"Barrons","summary":"Stock inTesla is lower after CNBC reported that the electric-vehicle company had a firein its Fremon","content":"<p>Stock inTesla&nbsp;is lower after CNBC reported that the&nbsp;electric-vehicle&nbsp;company&nbsp;had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.</p><p><blockquote>CNBC报道电动汽车公司特斯拉在加利福尼亚州弗里蒙特发生火灾后，该公司股价走低。植物，但大火可能不是下降的原因。</blockquote></p><p>Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.</p><p><blockquote>对于任何制造商来说，火灾只是一个正常但不幸的操作问题。特斯拉（股票代码：TSLA）没有立即回应有关火灾或火灾可能造成的损失的置评请求。</blockquote></p><p>President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.</p><p><blockquote>总统乔·拜登可能对股价下跌负有责任，该股在盘前交易中下跌约2.7%，至约680美元。对于特斯拉股东来说，这是疯狂的一周。本周初股价约为675美元，交易价格高于700美元，跌至约560美元，然后反弹，周四上涨4.7%，至略低于700美元。</blockquote></p><p>Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.</p><p><blockquote>特斯拉所做的一切似乎都不是最近波动的原因。一切都与利率有关。</blockquote></p><p>That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.</p><p><blockquote>这就是总统发挥作用的地方。周四晚上，他向全国发表讲话，重点是在世界卫生组织宣布疫情已经开始一年后，将新冠肺炎(Covid-19)抛在脑后。</blockquote></p><p>“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.</p><p><blockquote>总统说：“所有成年美国人都有资格在5月1日之前接种疫苗。”他补充说，联邦政府正在建立数百个疫苗接种点，并采购数百万剂疫苗。</blockquote></p><p>It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.</p><p><blockquote>这是个好消息，但周五早上市场正在抛售。对于股票来说，这次讲话几乎代表了太多的好事。经济正在重新开放，因此债券收益率正在上升，给高增长股票带来压力。</blockquote></p><p>Futures on the&nbsp;Nasdaq Composite&nbsp;Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.</p><p><blockquote>拥有许多飙升的科技股的纳斯达克综合指数期货下跌1.6%。另一方面，道琼斯工业平均指数期货持平。</blockquote></p><p>Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.</p><p><blockquote>较高的收益率对估值高、快速增长的公司的伤害比其他公司更大，原因有几个。第一，它们使融资增长更加昂贵。第二，高增长公司预计将在未来产生大部分现金。与利率低时相比，利率高时现金的价值较低。在利率较高的环境下，投资者如今有更多赚取利息的选择，这给高增长股票的估值带来压力。</blockquote></p><p>A Friday dip, however,doesn’t mean the end&nbsp;of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.</p><p><blockquote>然而，周五的下跌并不意味着特斯拉、电动汽车股票或纳斯达克牛市的结束。让经济重新站稳脚跟是件好事。投资者只是需要一个机会来适应不断变化的环境。</blockquote></p><p>“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.</p><p><blockquote>拜登说：“你、你的家人和朋友很有可能能够在你的后院或附近聚会，野餐……庆祝独立日。”这是个好消息。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-12 23:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stock inTesla&nbsp;is lower after CNBC reported that the&nbsp;electric-vehicle&nbsp;company&nbsp;had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.</p><p><blockquote>CNBC报道电动汽车公司特斯拉在加利福尼亚州弗里蒙特发生火灾后，该公司股价走低。植物，但大火可能不是下降的原因。</blockquote></p><p>Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.</p><p><blockquote>对于任何制造商来说，火灾只是一个正常但不幸的操作问题。特斯拉（股票代码：TSLA）没有立即回应有关火灾或火灾可能造成的损失的置评请求。</blockquote></p><p>President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.</p><p><blockquote>总统乔·拜登可能对股价下跌负有责任，该股在盘前交易中下跌约2.7%，至约680美元。对于特斯拉股东来说，这是疯狂的一周。本周初股价约为675美元，交易价格高于700美元，跌至约560美元，然后反弹，周四上涨4.7%，至略低于700美元。</blockquote></p><p>Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.</p><p><blockquote>特斯拉所做的一切似乎都不是最近波动的原因。一切都与利率有关。</blockquote></p><p>That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.</p><p><blockquote>这就是总统发挥作用的地方。周四晚上，他向全国发表讲话，重点是在世界卫生组织宣布疫情已经开始一年后，将新冠肺炎(Covid-19)抛在脑后。</blockquote></p><p>“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.</p><p><blockquote>总统说：“所有成年美国人都有资格在5月1日之前接种疫苗。”他补充说，联邦政府正在建立数百个疫苗接种点，并采购数百万剂疫苗。</blockquote></p><p>It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.</p><p><blockquote>这是个好消息，但周五早上市场正在抛售。对于股票来说，这次讲话几乎代表了太多的好事。经济正在重新开放，因此债券收益率正在上升，给高增长股票带来压力。</blockquote></p><p>Futures on the&nbsp;Nasdaq Composite&nbsp;Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.</p><p><blockquote>拥有许多飙升的科技股的纳斯达克综合指数期货下跌1.6%。另一方面，道琼斯工业平均指数期货持平。</blockquote></p><p>Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.</p><p><blockquote>较高的收益率对估值高、快速增长的公司的伤害比其他公司更大，原因有几个。第一，它们使融资增长更加昂贵。第二，高增长公司预计将在未来产生大部分现金。与利率低时相比，利率高时现金的价值较低。在利率较高的环境下，投资者如今有更多赚取利息的选择，这给高增长股票的估值带来压力。</blockquote></p><p>A Friday dip, however,doesn’t mean the end&nbsp;of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.</p><p><blockquote>然而，周五的下跌并不意味着特斯拉、电动汽车股票或纳斯达克牛市的结束。让经济重新站稳脚跟是件好事。投资者只是需要一个机会来适应不断变化的环境。</blockquote></p><p>“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.</p><p><blockquote>拜登说：“你、你的家人和朋友很有可能能够在你的后院或附近聚会，野餐……庆祝独立日。”这是个好消息。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-is-down-you-could-blame-joe-biden-51615557806?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-is-down-you-could-blame-joe-biden-51615557806?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100128328","content_text":"Stock inTesla is lower after CNBC reported that the electric-vehicle company had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.Futures on the Nasdaq Composite Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.A Friday dip, however,doesn’t mean the end of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321684294,"gmtCreate":1615429367618,"gmtModify":1703488933618,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Crazy. Like and comment?","listText":"Crazy. Like and comment?","text":"Crazy. Like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/321684294","repostId":"1126403133","repostType":4,"isVote":1,"tweetType":1,"viewCount":2006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323538720,"gmtCreate":1615353115660,"gmtModify":1703487780844,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow that’s good. Like and comment?","listText":"Wow that’s good. Like and comment?","text":"Wow that’s good. Like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/323538720","repostId":"1140398434","repostType":4,"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329531758,"gmtCreate":1615256722174,"gmtModify":1703486347784,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow that’s interesting. Like and comment?","listText":"Wow that’s interesting. Like and comment?","text":"Wow that’s interesting. Like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/329531758","repostId":"2118618397","repostType":4,"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320637730,"gmtCreate":1615090640320,"gmtModify":1703484660166,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Hmm interesting.. like and comment?","listText":"Hmm interesting.. like and comment?","text":"Hmm interesting.. like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320637730","repostId":"1116031861","repostType":4,"repost":{"id":"1116031861","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614955424,"share":"https://www.laohu8.com/m/news/1116031861?lang=zh_CN&edition=full","pubTime":"2021-03-05 22:43","market":"us","language":"en","title":"Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116031861","media":"老虎资讯综合","summary":"(March 5) Senseonics plunged more than 9%. Senseonics downgraded to underperform from market perform","content":"<p>(March 5)&nbsp;Senseonics plunged more than 9%.&nbsp;</p><p><blockquote>（3月5日）Senseonics暴跌超9%。</blockquote></p><p>Senseonics downgraded to underperform from market perform at Raymond James.</p><p><blockquote>雷蒙德·詹姆斯(Raymond James)将Senseonics评级从市场表现下调至表现不佳。</blockquote></p><p>Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.</p><p><blockquote>Senseonics Holdings，Inc.报告季度亏损为每股0.41美元。与去年同期每股亏损(0.18)美元相比，减少了127.78%。该公司报告季度销售额为390万美元，比分析师普遍预期的305万美元高出27.87%。与去年同期895万美元的销售额相比，下降了56.44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8692adfc74e9219bd4e30a757ad3a1dd\" tg-width=\"1050\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</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\">\nSenseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Senseonics plunged more than 9%.&nbsp;</p><p><blockquote>（3月5日）Senseonics暴跌超9%。</blockquote></p><p>Senseonics downgraded to underperform from market perform at Raymond James.</p><p><blockquote>雷蒙德·詹姆斯(Raymond James)将Senseonics评级从市场表现下调至表现不佳。</blockquote></p><p>Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.</p><p><blockquote>Senseonics Holdings，Inc.报告季度亏损为每股0.41美元。与去年同期每股亏损(0.18)美元相比，减少了127.78%。该公司报告季度销售额为390万美元，比分析师普遍预期的305万美元高出27.87%。与去年同期895万美元的销售额相比，下降了56.44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8692adfc74e9219bd4e30a757ad3a1dd\" tg-width=\"1050\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SENS":"Senseonics Holdings,Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116031861","content_text":"(March 5) Senseonics plunged more than 9%. Senseonics downgraded to underperform from market perform at Raymond James.Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.","news_type":1,"symbols_score_info":{"SENS":0.9}},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320949443,"gmtCreate":1615004266882,"gmtModify":1703484163093,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320949443","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</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\">\nPalantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367359473,"gmtCreate":1614912867492,"gmtModify":1703482892534,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow that’s great","listText":"Wow that’s great","text":"Wow that’s great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/367359473","repostId":"2117850095","repostType":4,"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364190139,"gmtCreate":1614820549321,"gmtModify":1703481539220,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow! Like?","listText":"Wow! Like?","text":"Wow! Like?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/364190139","repostId":"2116521315","repostType":4,"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365275970,"gmtCreate":1614753656190,"gmtModify":1703480663937,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Both are good!","listText":"Both are good!","text":"Both are good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/365275970","repostId":"1132659841","repostType":4,"repost":{"id":"1132659841","kind":"news","pubTimestamp":1614752634,"share":"https://www.laohu8.com/m/news/1132659841?lang=zh_CN&edition=full","pubTime":"2021-03-03 14:23","market":"us","language":"en","title":"Bitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132659841","media":"CNN","summary":"New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof l","content":"<p>New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners can't just magically create more gold.</p><p><blockquote>纽约（CNN商业）通胀担忧导致近期股票和债券市场波动加剧。这对黄金来说应该是个好消息，黄金是一种供应有限的有形资产，在通胀时期往往表现良好。中央银行总是可以印更多的钱。矿工不可能神奇地创造更多的黄金。</blockquote></p><p> Butgoldhas recentlylost some of its lusterthanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below theall-time highof more than $2,000 an ounceset last summer.Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin — not far from therecord highit reached last month.Still, fans of gold think the yellow metal is due for a rebound — even if bitcoin continues to march higher as well.The tried and true inflation hedgeGold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation — as they are now.</p><p><blockquote>但由于城里出现了一位新的金融小子：比特币，黄金最近失去了一些光彩。金价今年下跌了约9%，比去年夏天创下的每盎司2000多美元的历史高点低了近15%。与此同时，比特币已飙升近70%，目前徘徊在每枚硬币略低于50,000美元，距离上个月创下的历史新高不远。尽管如此，黄金爱好者认为黄金将会反弹——即使比特币也继续走高。久经考验的通胀对冲黄金是一种经典的恐惧交易。去年，由于担心冠状病毒封锁削弱全球经济，价格上涨。但当投资者担心通胀时，黄金也表现良好——就像现在一样。</blockquote></p><p> Plus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despiterecent decisionsby the likes ofTesla(TSLA)andMicroStrategy(MSTR)tohold bitcoinon their balance sheets.</p><p><blockquote>此外，尽管特斯拉(TSLA)和MicroStrategy(MSTR)等公司最近决定在资产负债表上持有比特币，但对于许多寻求保护现金的大型机构来说，比特币的价格波动可能会使其不如黄金更具吸引力。</blockquote></p><p> \"Investors need a serious hedge against inflation, and bitcoin may not offer that,\" said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.Some investors think inflation fears could run rampant again if the US Senate passes President Joe Biden's proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.\"The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation,\" Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will \"only fuel the fire\" of inflation.Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.They argue that investors need to \"stay vigilant\" and get ahead of this inflation scenario and that buying gold is one way to do so.\"Gold could also provide support amid abundant liquidity in the current environment,\" the Amundi analysts wrote in a report.Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked \"overdone\" and that —\"spikes in market uncertainties...could offer support in the short run.\"But bitcoin may be beating gold for good reasonStill, a gold rebound doesn't have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.\"Gold is good for slightly higher inflation but not necessarily much higher real interest rates,\" said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.</p><p><blockquote>Swissquote高级分析师Ipek Ozkardeskaya在最近的一份报告中表示：“投资者需要认真对冲通胀，而比特币可能无法提供这一点。”一些投资者认为，如果美国参议院通过总统乔·拜登提出的1.9万亿美元刺激计划，通胀担忧可能会再次猖獗。有人质疑，既然有多种新冠肺炎疫苗，越来越多的人重返工作岗位，是否真的需要那么多钱。令人担忧的是，所有的联邦刺激资金最终将导致经济过热，导致更高的通胀。这反过来可能会进一步推高金价。”我们看到金价上涨的原因也主要是因为美国众议院通过了刺激计划。AvaTrade首席市场分析师Naeem Aslam在一份报告中表示：“我们确实担心通胀上升。”他补充说，更多的刺激措施只会“助长”通胀。欧洲资产管理公司Amundi的分析师也担心随着美国经济复苏，利率上升导致通胀突然飙升。他们认为，投资者需要“保持警惕”并领先于这种通胀情景，购买黄金是实现这一目标的一种方式。瑞银全球财富管理公司的分析师在周二的一份报告中还表示，近期黄金的回调看起来“过度”，“市场不确定性的飙升……可能会在短期内提供支撑。”但比特币可能有充分的理由击败黄金尽管如此，黄金反弹并不一定要与比特币回调同时发生。事实上，在债券收益率预计将继续攀升之际，加密货币可能继续是一个不错的选择。Alger市场策略总监Brad Neuman表示：“黄金有利于通胀略高，但不一定有利于实际利率高得多。”接受CNN Business采访。纽曼表示，尽管通胀往往伴随着利率上升，但问题是利率可能会大幅飙升，损害黄金回报。这可能是它最近落后于比特币的原因之一。</blockquote></p><p> As such, Neuman thinks bitcoin — as well as crypto-related companies such asPayPal(PYPL), which now allows users to trade and hold bitcoin on the platform — could be even better bets than gold.Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation — justlike gold.The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.\"There is a finite number of coins. That is why bitcoin can replace gold,\" said Steve Ehrlich, CEO ofVoyager Digital(VYGVF), a cyptocurrency brokerage firm. \"It really is more like digital gold and not necessarily a medium for payment.\"Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.</p><p><blockquote>因此，纽曼认为比特币以及PayPal(PYPL)等加密货币相关公司（现在允许用户在该平台上交易和持有比特币）可能是比黄金更好的选择。比特币支持者还指出，加密货币可能仍然受到投资者的欢迎，他们将其视为通货膨胀时期的价值储存手段——就像黄金一样。比特币今年飙升的最大原因可能与投资者开始认识到加密货币比黄金或其他贵金属更加稀缺有关。其源代码中内置的比特币上限仅为2100万个。大约1860万枚已经在流通。“硬币的数量是有限的。这就是为什么比特币可以取代黄金，”加密货币经纪公司Voyager Digital(VYGVF)的首席执行官Steve Ehrlich说。“它实际上更像是数字黄金，不一定是支付媒介。”大多数消费者不太可能使用黄金或比特币来实际购买任何东西，但在消费者价格上涨之际，这两种资产最终可能成为投资赢家。</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>Bitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-03-03 14:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners can't just magically create more gold.</p><p><blockquote>纽约（CNN商业）通胀担忧导致近期股票和债券市场波动加剧。这对黄金来说应该是个好消息，黄金是一种供应有限的有形资产，在通胀时期往往表现良好。中央银行总是可以印更多的钱。矿工不可能神奇地创造更多的黄金。</blockquote></p><p> Butgoldhas recentlylost some of its lusterthanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below theall-time highof more than $2,000 an ounceset last summer.Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin — not far from therecord highit reached last month.Still, fans of gold think the yellow metal is due for a rebound — even if bitcoin continues to march higher as well.The tried and true inflation hedgeGold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation — as they are now.</p><p><blockquote>但由于城里出现了一位新的金融小子：比特币，黄金最近失去了一些光彩。金价今年下跌了约9%，比去年夏天创下的每盎司2000多美元的历史高点低了近15%。与此同时，比特币已飙升近70%，目前徘徊在每枚硬币略低于50,000美元，距离上个月创下的历史新高不远。尽管如此，黄金爱好者认为黄金将会反弹——即使比特币也继续走高。久经考验的通胀对冲黄金是一种经典的恐惧交易。去年，由于担心冠状病毒封锁削弱全球经济，价格上涨。但当投资者担心通胀时，黄金也表现良好——就像现在一样。</blockquote></p><p> Plus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despiterecent decisionsby the likes ofTesla(TSLA)andMicroStrategy(MSTR)tohold bitcoinon their balance sheets.</p><p><blockquote>此外，尽管特斯拉(TSLA)和MicroStrategy(MSTR)等公司最近决定在资产负债表上持有比特币，但对于许多寻求保护现金的大型机构来说，比特币的价格波动可能会使其不如黄金更具吸引力。</blockquote></p><p> \"Investors need a serious hedge against inflation, and bitcoin may not offer that,\" said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.Some investors think inflation fears could run rampant again if the US Senate passes President Joe Biden's proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.\"The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation,\" Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will \"only fuel the fire\" of inflation.Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.They argue that investors need to \"stay vigilant\" and get ahead of this inflation scenario and that buying gold is one way to do so.\"Gold could also provide support amid abundant liquidity in the current environment,\" the Amundi analysts wrote in a report.Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked \"overdone\" and that —\"spikes in market uncertainties...could offer support in the short run.\"But bitcoin may be beating gold for good reasonStill, a gold rebound doesn't have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.\"Gold is good for slightly higher inflation but not necessarily much higher real interest rates,\" said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.</p><p><blockquote>Swissquote高级分析师Ipek Ozkardeskaya在最近的一份报告中表示：“投资者需要认真对冲通胀，而比特币可能无法提供这一点。”一些投资者认为，如果美国参议院通过总统乔·拜登提出的1.9万亿美元刺激计划，通胀担忧可能会再次猖獗。有人质疑，既然有多种新冠肺炎疫苗，越来越多的人重返工作岗位，是否真的需要那么多钱。令人担忧的是，所有的联邦刺激资金最终将导致经济过热，导致更高的通胀。这反过来可能会进一步推高金价。”我们看到金价上涨的原因也主要是因为美国众议院通过了刺激计划。AvaTrade首席市场分析师Naeem Aslam在一份报告中表示：“我们确实担心通胀上升。”他补充说，更多的刺激措施只会“助长”通胀。欧洲资产管理公司Amundi的分析师也担心随着美国经济复苏，利率上升导致通胀突然飙升。他们认为，投资者需要“保持警惕”并领先于这种通胀情景，购买黄金是实现这一目标的一种方式。瑞银全球财富管理公司的分析师在周二的一份报告中还表示，近期黄金的回调看起来“过度”，“市场不确定性的飙升……可能会在短期内提供支撑。”但比特币可能有充分的理由击败黄金尽管如此，黄金反弹并不一定要与比特币回调同时发生。事实上，在债券收益率预计将继续攀升之际，加密货币可能继续是一个不错的选择。Alger市场策略总监Brad Neuman表示：“黄金有利于通胀略高，但不一定有利于实际利率高得多。”接受CNN Business采访。纽曼表示，尽管通胀往往伴随着利率上升，但问题是利率可能会大幅飙升，损害黄金回报。这可能是它最近落后于比特币的原因之一。</blockquote></p><p> As such, Neuman thinks bitcoin — as well as crypto-related companies such asPayPal(PYPL), which now allows users to trade and hold bitcoin on the platform — could be even better bets than gold.Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation — justlike gold.The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.\"There is a finite number of coins. That is why bitcoin can replace gold,\" said Steve Ehrlich, CEO ofVoyager Digital(VYGVF), a cyptocurrency brokerage firm. \"It really is more like digital gold and not necessarily a medium for payment.\"Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.</p><p><blockquote>因此，纽曼认为比特币以及PayPal(PYPL)等加密货币相关公司（现在允许用户在该平台上交易和持有比特币）可能是比黄金更好的选择。比特币支持者还指出，加密货币可能仍然受到投资者的欢迎，他们将其视为通货膨胀时期的价值储存手段——就像黄金一样。比特币今年飙升的最大原因可能与投资者开始认识到加密货币比黄金或其他贵金属更加稀缺有关。其源代码中内置的比特币上限仅为2100万个。大约1860万枚已经在流通。“硬币的数量是有限的。这就是为什么比特币可以取代黄金，”加密货币经纪公司Voyager Digital(VYGVF)的首席执行官Steve Ehrlich说。“它实际上更像是数字黄金，不一定是支付媒介。”大多数消费者不太可能使用黄金或比特币来实际购买任何东西，但在消费者价格上涨之际，这两种资产最终可能成为投资赢家。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/03/02/investing/gold-bitcoin-inflation/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":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://edition.cnn.com/2021/03/02/investing/gold-bitcoin-inflation/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132659841","content_text":"New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners can't just magically create more gold.\nButgoldhas recentlylost some of its lusterthanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below theall-time highof more than $2,000 an ounceset last summer.Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin — not far from therecord highit reached last month.Still, fans of gold think the yellow metal is due for a rebound — even if bitcoin continues to march higher as well.The tried and true inflation hedgeGold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation — as they are now.\nPlus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despiterecent decisionsby the likes ofTesla(TSLA)andMicroStrategy(MSTR)tohold bitcoinon their balance sheets.\n\"Investors need a serious hedge against inflation, and bitcoin may not offer that,\" said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.Some investors think inflation fears could run rampant again if the US Senate passes President Joe Biden's proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.\"The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation,\" Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will \"only fuel the fire\" of inflation.Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.They argue that investors need to \"stay vigilant\" and get ahead of this inflation scenario and that buying gold is one way to do so.\"Gold could also provide support amid abundant liquidity in the current environment,\" the Amundi analysts wrote in a report.Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked \"overdone\" and that —\"spikes in market uncertainties...could offer support in the short run.\"But bitcoin may be beating gold for good reasonStill, a gold rebound doesn't have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.\"Gold is good for slightly higher inflation but not necessarily much higher real interest rates,\" said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.\nAs such, Neuman thinks bitcoin — as well as crypto-related companies such asPayPal(PYPL), which now allows users to trade and hold bitcoin on the platform — could be even better bets than gold.Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation — justlike gold.The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.\"There is a finite number of coins. That is why bitcoin can replace gold,\" said Steve Ehrlich, CEO ofVoyager Digital(VYGVF), a cyptocurrency brokerage firm. \"It really is more like digital gold and not necessarily a medium for payment.\"Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362034260,"gmtCreate":1614572209150,"gmtModify":1703478337275,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/362034260","repostId":"1140907630","repostType":4,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366987730,"gmtCreate":1614384779020,"gmtModify":1703477120425,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/366987730","repostId":"1181374212","repostType":4,"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368576932,"gmtCreate":1614342977926,"gmtModify":1703476638920,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Good to know! Leave a comment please!","listText":"Good to know! Leave a comment please!","text":"Good to know! Leave a comment please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/368576932","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":329531758,"gmtCreate":1615256722174,"gmtModify":1703486347784,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow that’s interesting. Like and comment?","listText":"Wow that’s interesting. Like and comment?","text":"Wow that’s interesting. Like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/329531758","repostId":"2118618397","repostType":4,"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364190139,"gmtCreate":1614820549321,"gmtModify":1703481539220,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow! Like?","listText":"Wow! Like?","text":"Wow! Like?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/364190139","repostId":"2116521315","repostType":4,"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321684294,"gmtCreate":1615429367618,"gmtModify":1703488933618,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Crazy. Like and comment?","listText":"Crazy. Like and comment?","text":"Crazy. Like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/321684294","repostId":"1126403133","repostType":4,"isVote":1,"tweetType":1,"viewCount":2006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320949443,"gmtCreate":1615004266882,"gmtModify":1703484163093,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320949443","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=zh_CN&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Palantir plunged more than 13%<blockquote>Palantir暴跌超13%</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\">\nPalantir plunged more than 13%<blockquote>Palantir暴跌超13%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><blockquote>（3月5日）Palantir暴跌超13%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368576932,"gmtCreate":1614342977926,"gmtModify":1703476638920,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Good to know! Leave a comment please!","listText":"Good to know! Leave a comment please!","text":"Good to know! Leave a comment please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/368576932","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368618710,"gmtCreate":1614317137030,"gmtModify":1703476271015,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368618710","repostId":"1154065106","repostType":4,"repost":{"id":"1154065106","kind":"news","pubTimestamp":1614316874,"share":"https://www.laohu8.com/m/news/1154065106?lang=zh_CN&edition=full","pubTime":"2021-02-26 13:21","market":"us","language":"en","title":"Airbnb and DoorDash went public at the same time but see very different paths post-pandemic<blockquote>爱彼迎和DoorDash同时上市，但在大流行后看到了截然不同的道路</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154065106","media":"CNN Business","summary":"(CNN Business)- Airbnb and DoorDash went public the same week in early December and were both met wi","content":"<p><b>(CNN Business)-&nbsp;</b>Airbnb and DoorDash went public the same week in early December and were both met with strong demand from investors. But in their first earnings reports as publicly traded companies on Thursday, the two sharing economy businesses signaled very different possible paths forward after the pandemic ends.</p><p><blockquote><b>（CNN商业）——</b>爱彼迎和DoorDash在12月初的同一周上市，都受到了投资者的强劲需求。但在周四作为上市公司发布的首份财报中，这两家共享经济企业发出了大流行结束后截然不同的可能前进道路。</blockquote></p><p> In aletter to investors, Airbnb said it is \"preparing for the travel rebound\" in 2021 after seeing bookings through its platform drop 41% in 2020 as people largely stayed home due to the pandemic.</p><p><blockquote>爱彼迎在致投资者的一封信中表示，由于人们因疫情而大多呆在家里，2020年通过其平台的预订量下降了41%，该公司正在“为2021年的旅行反弹做准备”。</blockquote></p><p> \"As the vaccine is rolled out and restrictions lift, we expect there will be a significant travel rebound,\" the company wrote in the letter.</p><p><blockquote>该公司在信中写道：“随着疫苗的推出和限制的解除，我们预计旅行将出现显着反弹。”</blockquote></p><p> DoorDash, by contrast, has benefited greatly from people ordering food and essential items while staying at home, with revenue of $2.89 billion last year, more than tripling from the year prior. \"While the Covid-19 pandemic was a tailwind for all online commerce in 2020, we are proud of the outsized gains we made relative to category peers,\" the company said inits letterto investors.</p><p><blockquote>相比之下，DoorDash从人们呆在家里订购食品和必需品中受益匪浅，去年的收入为28.9亿美元，比上年增长了两倍多。该公司在致投资者的信中表示：“虽然Covid-19大流行是2020年所有在线商务的推动力，但我们对相对于同类同行取得的巨大收益感到自豪。”</blockquote></p><p> But there's some cause for concern ahead. While the company said it hopes \"markets will begin to open up soon,\" it also hinted at a resulting negative impact on its business. DoorDash said that this return to normal could result in \"declines in consumer engagement and average order values, though the precise amount remains unclear.\"</p><p><blockquote>但未来仍有一些令人担忧的原因。虽然该公司表示希望“市场将很快开始开放”，但它也暗示这将对其业务产生负面影响。DoorDash表示，恢复正常可能会导致“消费者参与度和平均订单价值下降，尽管具体金额仍不清楚”。</blockquote></p><p> While shares of Airbnb were essentially flat in after-hours trading Thursday following the earnings report, DoorDash stock fell more than 11%. Both companies remain well above their IPO prices.</p><p><blockquote>虽然爱彼迎股价在财报发布后的周四盘后交易中基本持平，但DoorDash股价下跌超过11%。两家公司的股价仍远高于IPO价格。</blockquote></p><p> For now, both companies continue to face challenges.</p><p><blockquote>目前，两家公司都继续面临挑战。</blockquote></p><p> Despite strong revenue growth in the fourth quarter, DoorDash's losses grew, too. It lost $312 million in the quarter, compared to $134 million during the same period a year earlier. The company had turned its first profit --$23 million-- in the second quarter of 2020, before reporting losses again in the third quarter.</p><p><blockquote>尽管第四季度收入增长强劲，但DoorDash的亏损也有所增加。该季度亏损3.12亿美元，而去年同期亏损1.34亿美元。该公司在2020年第二季度首次盈利2300万美元，但在第三季度再次报告亏损。</blockquote></p><p> Airbnb, meanwhile, posted a staggering loss of $3.9 billion in the fourth quarter, with $2.8 billion of that related to stock-based compensation. The company said it lost $4.6 billion in 2020.</p><p><blockquote>与此同时，爱彼迎第四季度亏损高达39亿美元，其中28亿美元与股票薪酬有关。该公司表示，2020年亏损46亿美元。</blockquote></p><p> In its earnings report, Airbnb focused on the fact that its revenue for the fourth quarter was down \"only 22% year-over-year, demonstrating Airbnb's resilience.\" It brought in revenue of $859 million in the fourth quarter, despite surges in coronavirus cases.</p><p><blockquote>爱彼迎在财报中重点指出，其第四季度营收“仅同比下降22%，显示了爱彼迎的韧性”。尽管冠状病毒病例激增，但该公司第四季度的收入仍为8.59亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airbnb and DoorDash went public at the same time but see very different paths post-pandemic<blockquote>爱彼迎和DoorDash同时上市，但在大流行后看到了截然不同的道路</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\">\nAirbnb and DoorDash went public at the same time but see very different paths post-pandemic<blockquote>爱彼迎和DoorDash同时上市，但在大流行后看到了截然不同的道路</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-02-26 13:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>(CNN Business)-&nbsp;</b>Airbnb and DoorDash went public the same week in early December and were both met with strong demand from investors. But in their first earnings reports as publicly traded companies on Thursday, the two sharing economy businesses signaled very different possible paths forward after the pandemic ends.</p><p><blockquote><b>（CNN商业）——</b>爱彼迎和DoorDash在12月初的同一周上市，都受到了投资者的强劲需求。但在周四作为上市公司发布的首份财报中，这两家共享经济企业发出了大流行结束后截然不同的可能前进道路。</blockquote></p><p> In aletter to investors, Airbnb said it is \"preparing for the travel rebound\" in 2021 after seeing bookings through its platform drop 41% in 2020 as people largely stayed home due to the pandemic.</p><p><blockquote>爱彼迎在致投资者的一封信中表示，由于人们因疫情而大多呆在家里，2020年通过其平台的预订量下降了41%，该公司正在“为2021年的旅行反弹做准备”。</blockquote></p><p> \"As the vaccine is rolled out and restrictions lift, we expect there will be a significant travel rebound,\" the company wrote in the letter.</p><p><blockquote>该公司在信中写道：“随着疫苗的推出和限制的解除，我们预计旅行将出现显着反弹。”</blockquote></p><p> DoorDash, by contrast, has benefited greatly from people ordering food and essential items while staying at home, with revenue of $2.89 billion last year, more than tripling from the year prior. \"While the Covid-19 pandemic was a tailwind for all online commerce in 2020, we are proud of the outsized gains we made relative to category peers,\" the company said inits letterto investors.</p><p><blockquote>相比之下，DoorDash从人们呆在家里订购食品和必需品中受益匪浅，去年的收入为28.9亿美元，比上年增长了两倍多。该公司在致投资者的信中表示：“虽然Covid-19大流行是2020年所有在线商务的推动力，但我们对相对于同类同行取得的巨大收益感到自豪。”</blockquote></p><p> But there's some cause for concern ahead. While the company said it hopes \"markets will begin to open up soon,\" it also hinted at a resulting negative impact on its business. DoorDash said that this return to normal could result in \"declines in consumer engagement and average order values, though the precise amount remains unclear.\"</p><p><blockquote>但未来仍有一些令人担忧的原因。虽然该公司表示希望“市场将很快开始开放”，但它也暗示这将对其业务产生负面影响。DoorDash表示，恢复正常可能会导致“消费者参与度和平均订单价值下降，尽管具体金额仍不清楚”。</blockquote></p><p> While shares of Airbnb were essentially flat in after-hours trading Thursday following the earnings report, DoorDash stock fell more than 11%. Both companies remain well above their IPO prices.</p><p><blockquote>虽然爱彼迎股价在财报发布后的周四盘后交易中基本持平，但DoorDash股价下跌超过11%。两家公司的股价仍远高于IPO价格。</blockquote></p><p> For now, both companies continue to face challenges.</p><p><blockquote>目前，两家公司都继续面临挑战。</blockquote></p><p> Despite strong revenue growth in the fourth quarter, DoorDash's losses grew, too. It lost $312 million in the quarter, compared to $134 million during the same period a year earlier. The company had turned its first profit --$23 million-- in the second quarter of 2020, before reporting losses again in the third quarter.</p><p><blockquote>尽管第四季度收入增长强劲，但DoorDash的亏损也有所增加。该季度亏损3.12亿美元，而去年同期亏损1.34亿美元。该公司在2020年第二季度首次盈利2300万美元，但在第三季度再次报告亏损。</blockquote></p><p> Airbnb, meanwhile, posted a staggering loss of $3.9 billion in the fourth quarter, with $2.8 billion of that related to stock-based compensation. The company said it lost $4.6 billion in 2020.</p><p><blockquote>与此同时，爱彼迎第四季度亏损高达39亿美元，其中28亿美元与股票薪酬有关。该公司表示，2020年亏损46亿美元。</blockquote></p><p> In its earnings report, Airbnb focused on the fact that its revenue for the fourth quarter was down \"only 22% year-over-year, demonstrating Airbnb's resilience.\" It brought in revenue of $859 million in the fourth quarter, despite surges in coronavirus cases.</p><p><blockquote>爱彼迎在财报中重点指出，其第四季度营收“仅同比下降22%，显示了爱彼迎的韧性”。尽管冠状病毒病例激增，但该公司第四季度的收入仍为8.59亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/02/25/tech/airbnb-doordash-earnings-pandemic/index.html\">CNN Business</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":{"DASH":"DoorDash, Inc.","ABNB":"爱彼迎"},"source_url":"https://edition.cnn.com/2021/02/25/tech/airbnb-doordash-earnings-pandemic/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154065106","content_text":"(CNN Business)- Airbnb and DoorDash went public the same week in early December and were both met with strong demand from investors. But in their first earnings reports as publicly traded companies on Thursday, the two sharing economy businesses signaled very different possible paths forward after the pandemic ends.\nIn aletter to investors, Airbnb said it is \"preparing for the travel rebound\" in 2021 after seeing bookings through its platform drop 41% in 2020 as people largely stayed home due to the pandemic.\n\"As the vaccine is rolled out and restrictions lift, we expect there will be a significant travel rebound,\" the company wrote in the letter.\nDoorDash, by contrast, has benefited greatly from people ordering food and essential items while staying at home, with revenue of $2.89 billion last year, more than tripling from the year prior. \"While the Covid-19 pandemic was a tailwind for all online commerce in 2020, we are proud of the outsized gains we made relative to category peers,\" the company said inits letterto investors.\nBut there's some cause for concern ahead. While the company said it hopes \"markets will begin to open up soon,\" it also hinted at a resulting negative impact on its business. DoorDash said that this return to normal could result in \"declines in consumer engagement and average order values, though the precise amount remains unclear.\"\nWhile shares of Airbnb were essentially flat in after-hours trading Thursday following the earnings report, DoorDash stock fell more than 11%. Both companies remain well above their IPO prices.\nFor now, both companies continue to face challenges.\nDespite strong revenue growth in the fourth quarter, DoorDash's losses grew, too. It lost $312 million in the quarter, compared to $134 million during the same period a year earlier. The company had turned its first profit --$23 million-- in the second quarter of 2020, before reporting losses again in the third quarter.\nAirbnb, meanwhile, posted a staggering loss of $3.9 billion in the fourth quarter, with $2.8 billion of that related to stock-based compensation. The company said it lost $4.6 billion in 2020.\nIn its earnings report, Airbnb focused on the fact that its revenue for the fourth quarter was down \"only 22% year-over-year, demonstrating Airbnb's resilience.\" It brought in revenue of $859 million in the fourth quarter, despite surges in coronavirus cases.","news_type":1,"symbols_score_info":{"DASH":0.9,"ABNB":0.9}},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359121481,"gmtCreate":1616375314543,"gmtModify":1634526195730,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/359121481","repostId":"1169559774","repostType":4,"repost":{"id":"1169559774","kind":"news","pubTimestamp":1616374328,"share":"https://www.laohu8.com/m/news/1169559774?lang=zh_CN&edition=full","pubTime":"2021-03-22 08:52","market":"us","language":"en","title":"Morgan Stanley: This Cycle Will Burn \"Hotter And Shorter\" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169559774","media":"zerohedge","summary":"This discussion needs to start with an obvious question:Is this even a ‘new’ cycle?COVID-19 brought ","content":"<p>This discussion needs to start with an obvious question:<b>Is this even a ‘new’ cycle?</b>COVID-19 brought the global economy to a sudden stop, while an aggressive policy response drove a rapid recovery. Some investors argue that both were so fast that<b>conditions never ‘reset’ in the way they usually do during recessions.</b></p><p><blockquote>这个讨论需要从一个显而易见的问题开始：<b>这是一个“新”周期吗？</b>新冠肺炎让全球经济戛然而止，而积极的政策应对推动了快速复苏。一些投资者认为，两者的速度都太快了<b>情况永远不会像经济衰退期间那样“重置”。</b></blockquote></p><p> All cycles have their quirks. The last three US recessions were adjacent to: 1) The largest equity bubble in history; 2) The largest financial crisis since the Great Depression; and 3) A global pandemic. If you’re looking for a 'normal' recession, good luck!</p><p><blockquote>所有的周期都有它们的怪癖。美国最近三次衰退毗邻：1）历史上最大的股市泡沫；2）大萧条以来最大的金融危机；和3)全球大流行。如果您正在寻找“正常”衰退，祝您好运！</blockquote></p><p> Surprisingly, as different as these three recessions were, they were all preceded by similar phenomena. All three saw an inverted yield curve within ~6 months before they started. All three followed a Fed hiking cycle and core CPI above 2.4%Y. All three were preceded by high consumer confidence, low unemployment and declining equity market breadth.</p><p><blockquote>令人惊讶的是，尽管这三次衰退各不相同，但它们之前都有类似的现象。这三家公司在开始前约6个月内都出现了收益率曲线倒挂。这三者都遵循了美联储加息周期，核心CPI同比均高于2.4%。在这三个时期之前，消费者信心高、失业率低和股市广度下降。</blockquote></p><p> Those are an awful lot of similarities. And they carry through to the recovery. Since the lows of activity in April 2020, 'normal' early-cycle investment strategies have worked very well. Corporate default rates have been similar to other recessions when measured on a rolling two-year basis. If it walks like a new cycle and talks like a new cycle,<b>we think that investors should treat it like a new cycle.</b></p><p><blockquote>这些有太多的相似之处。他们会一直持续到康复。自2020年4月活动低点以来，“正常”的早期周期投资策略效果非常好。按两年滚动计算，企业违约率与其他衰退相似。如果它走路像新周期，说话像新周期，<b>我们认为投资者应该将其视为一个新的周期。</b></blockquote></p><p> Yet while this cycle has so far followed many 'normal' patterns, its evolution could be unique. For several reasons, in the US and globally, this cycle could burn unusually hot.</p><p><blockquote>然而，尽管这一周期迄今为止遵循了许多“正常”模式，但它的演变可能是独一无二的。出于多种原因，在美国和全球范围内，这一周期可能会异常火爆。</blockquote></p><p> <ul>  <li><b>The first is stimulus.</b>The global economy is seeing record levels of fiscal and monetary stimulus at the same time. 'Unprecedented' is an overused word in our business, but this cycle qualifies and is unique among other post-recessionary periods.</p><p><blockquote><ul><li><b>首先是刺激。</b>全球经济同时出现创纪录水平的财政和货币刺激。在我们的业务中，“前所未有”是一个被过度使用的词，但这个周期在其他衰退后时期中是合格且独特的。</li></ul></blockquote></p><p></li>  <li><b>The second is savings.</b>Savings rates stand at historical highs in the US, Europe and China. While the distribution of these savings is uneven, they provide substantial fuel for consumption. Corporate cash balances are also elevated, a buffer against COVID-19 uncertainty that could find its way into spending as confidence returns.</p><p><blockquote><li><b>二是储蓄。</b>美国、欧洲和中国的储蓄率处于历史高位。虽然这些储蓄的分布不均，但它们为消费提供了大量燃料。企业现金余额也有所增加，这是对COVID-19不确定性的缓冲，随着信心的恢复，这种不确定性可能会影响支出。</li></blockquote></p><p></li>  <li><b>Third is the labor market.</b>Our economists note that the majority of recent job losses were in COVID-19-related sectors. If the economy can reopen safely, it seems reasonable that we could see an unusually fast labour normalization as these sectors come back.</p><p><blockquote><li><b>三是劳动力市场。</b>我们的经济学家指出，最近的大部分失业发生在与COVID-19相关的行业。如果经济能够安全地重新开放，随着这些行业的回归，我们可能会看到异常快速的劳动力正常化，这似乎是合理的。</li></blockquote></p><p></li>  <li><b>Finally, there is the future path of policy.</b>Global central banks are signalling a strong commitment to supporting growth and returning inflation to more normal levels. Governments are showing little desire to eventually raise taxes or cut spending. Both stances suggest a hotter cycle, less likely to be restrained by policy tightening than the previous expansions.</p><p><blockquote><li><b>最后是政策的未来路径。</b>全球央行正在发出坚定承诺支持增长并将通胀恢复到更正常的水平的信号。各国政府没有表现出最终提高税收或削减支出的意愿。这两种立场都表明了一个更热的周期，与之前的扩张相比，不太可能受到政策收紧的限制。</li></blockquote></p><p></li> </ul> For all these reasons, our economists think that growth and inflation will exceed expectations over the next two years.<b>But just like in the cosmos, what burns hotter may also burn shorter.</b>Unlike the long expansions that defined the last 40 years, this one might look more similar to the late 1940s or 1950s.</p><p><blockquote>出于所有这些原因，我们的经济学家认为未来两年的增长和通胀将超出预期。<b>但是就像在宇宙中一样，燃烧得更热的东西也可能燃烧得更短。</b>与过去40年的长期扩张不同，这次扩张可能看起来更类似于20世纪40年代末或50年代。</blockquote></p><p> Short cycles can still mean good growth and multi-year expansions. The Roaring Twenties saw recessions in 1920, 1923 and 1926 (and, of course, 1929). The US economy grew at an enviable 4% rate between 1947 and 1960, despite recessions in 1948, 1953, 1957 and 1960. Each expansion lasted at least three years.</p><p><blockquote>短周期仍然意味着良好的增长和多年的扩张。咆哮的二十年代见证了1920年、1923年和1926年（当然还有1929年）的经济衰退。尽管1948年、1953年、1957年和1960年出现了衰退，但美国经济在1947年至1960年间以令人羡慕的4%的速度增长。每次扩张至少持续了三年。</blockquote></p><p> But this does mean that investors need to be more nimble. Different investments work in different parts of the economic cycle.<b>If this cycle burns hotter and shorter, we need to start thinking about rotating out of early-cycle winners.</b></p><p><blockquote>但这确实意味着投资者需要更加灵活。不同的投资在经济周期的不同部分发挥作用。<b>如果这个周期燃烧得更热、更短，我们需要开始考虑轮换出早期周期的赢家。</b></blockquote></p><p> Where should we look? US small-cap versus large-cap equities, copper versus gold and corporate credit are all strategies that we’ve liked given historically strong performance following recessions. But all do less well as the cycle extends. My colleague<b>Michael Wilson recently downgraded US small caps</b>(see<i>US Equity Strategy: Weekly Warm-up: The Cycle vs Liquidity; Downgrading Small Caps; Earnings &gt; Multiple, March 15, 2021</i>), an example of how we are looking to exit some early-cycle strategies.</p><p><blockquote>我们应该去哪里找？鉴于经济衰退后的历史强劲表现，美国小盘股与大盘股、铜与黄金以及企业信贷都是我们喜欢的策略。但随着周期的延长，所有这些都表现不佳。我的同事<b>迈克尔·威尔逊最近下调了美国小盘股的评级</b>（见<i>美股策略：周度预热：周期vs流动性；下调小盘股评级；收益&gt;倍数，2021年3月15日</i>），这是我们如何寻求退出一些早期周期策略的一个例子。</blockquote></p><p> Sector and regional leadership can also vary significantly as the cycle progresses.<b>Emerging market equities historically do best following a recession, but then lag</b>. Stocks in Europe and Japan have done better as the economy matures.</p><p><blockquote>随着周期的进展，部门和区域领导力也可能发生显着变化。<b>从历史上看，新兴市场股市在经济衰退后表现最好，但随后会滞后</b>随着经济的成熟，欧洲和日本的股市表现更好。</blockquote></p><p> Will conditions run too hot? One metric I’m following closely is the<b>US breakeven expectations curve</b>. At the moment, it is reflecting a modest overshoot of inflation over the next 2-5 years...</p><p><blockquote>天气会不会太热？我密切关注的一个指标是<b>美国盈亏平衡预期曲线</b>目前，它反映了未来2-5年通胀的适度超调...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a18991a80e78a2ab365c583482078a91\" tg-width=\"500\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> ... followed by lower levels of inflation thereafter. That would appear to be exactly what the Fed hopes to deliver, wrapped up neatly with a nice little bow.</p><p><blockquote>...此后通胀水平较低。这似乎正是美联储希望提供的，用一个漂亮的小蝴蝶结整齐地包裹着。</blockquote></p><p></p><p> As long as that curve remains inverted, the market is signalling that inflationary pressure will be transitory, and there is little need for central banks to sharply change tack. Maybe this is correct. Maybe it is an example of expectations being driven by recent experience. Either way, it’s an important dynamic to watch.</p><p><blockquote>只要该曲线保持倒挂，市场就表明通胀压力将是暂时的，央行几乎没有必要大幅改变策略。也许这是正确的。也许这是一个由最近的经验驱动的期望的例子。不管怎样，这都是一个值得关注的重要动态。</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 Burn \"Hotter And Shorter\" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</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 Burn \"Hotter And Shorter\" So Start Thinking About Rotating Out Of Early-Cycle Winners<blockquote>摩根士丹利：这个周期将“更热、更短”，因此开始考虑退出早期周期的赢家</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-03-22 08:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>This discussion needs to start with an obvious question:<b>Is this even a ‘new’ cycle?</b>COVID-19 brought the global economy to a sudden stop, while an aggressive policy response drove a rapid recovery. Some investors argue that both were so fast that<b>conditions never ‘reset’ in the way they usually do during recessions.</b></p><p><blockquote>这个讨论需要从一个显而易见的问题开始：<b>这是一个“新”周期吗？</b>新冠肺炎让全球经济戛然而止，而积极的政策应对推动了快速复苏。一些投资者认为，两者的速度都太快了<b>情况永远不会像经济衰退期间那样“重置”。</b></blockquote></p><p> All cycles have their quirks. The last three US recessions were adjacent to: 1) The largest equity bubble in history; 2) The largest financial crisis since the Great Depression; and 3) A global pandemic. If you’re looking for a 'normal' recession, good luck!</p><p><blockquote>所有的周期都有它们的怪癖。美国最近三次衰退毗邻：1）历史上最大的股市泡沫；2）大萧条以来最大的金融危机；和3)全球大流行。如果您正在寻找“正常”衰退，祝您好运！</blockquote></p><p> Surprisingly, as different as these three recessions were, they were all preceded by similar phenomena. All three saw an inverted yield curve within ~6 months before they started. All three followed a Fed hiking cycle and core CPI above 2.4%Y. All three were preceded by high consumer confidence, low unemployment and declining equity market breadth.</p><p><blockquote>令人惊讶的是，尽管这三次衰退各不相同，但它们之前都有类似的现象。这三家公司在开始前约6个月内都出现了收益率曲线倒挂。这三者都遵循了美联储加息周期，核心CPI同比均高于2.4%。在这三个时期之前，消费者信心高、失业率低和股市广度下降。</blockquote></p><p> Those are an awful lot of similarities. And they carry through to the recovery. Since the lows of activity in April 2020, 'normal' early-cycle investment strategies have worked very well. Corporate default rates have been similar to other recessions when measured on a rolling two-year basis. If it walks like a new cycle and talks like a new cycle,<b>we think that investors should treat it like a new cycle.</b></p><p><blockquote>这些有太多的相似之处。他们会一直持续到康复。自2020年4月活动低点以来，“正常”的早期周期投资策略效果非常好。按两年滚动计算，企业违约率与其他衰退相似。如果它走路像新周期，说话像新周期，<b>我们认为投资者应该将其视为一个新的周期。</b></blockquote></p><p> Yet while this cycle has so far followed many 'normal' patterns, its evolution could be unique. For several reasons, in the US and globally, this cycle could burn unusually hot.</p><p><blockquote>然而，尽管这一周期迄今为止遵循了许多“正常”模式，但它的演变可能是独一无二的。出于多种原因，在美国和全球范围内，这一周期可能会异常火爆。</blockquote></p><p> <ul>  <li><b>The first is stimulus.</b>The global economy is seeing record levels of fiscal and monetary stimulus at the same time. 'Unprecedented' is an overused word in our business, but this cycle qualifies and is unique among other post-recessionary periods.</p><p><blockquote><ul><li><b>首先是刺激。</b>全球经济同时出现创纪录水平的财政和货币刺激。在我们的业务中，“前所未有”是一个被过度使用的词，但这个周期在其他衰退后时期中是合格且独特的。</li></ul></blockquote></p><p></li>  <li><b>The second is savings.</b>Savings rates stand at historical highs in the US, Europe and China. While the distribution of these savings is uneven, they provide substantial fuel for consumption. Corporate cash balances are also elevated, a buffer against COVID-19 uncertainty that could find its way into spending as confidence returns.</p><p><blockquote><li><b>二是储蓄。</b>美国、欧洲和中国的储蓄率处于历史高位。虽然这些储蓄的分布不均，但它们为消费提供了大量燃料。企业现金余额也有所增加，这是对COVID-19不确定性的缓冲，随着信心的恢复，这种不确定性可能会影响支出。</li></blockquote></p><p></li>  <li><b>Third is the labor market.</b>Our economists note that the majority of recent job losses were in COVID-19-related sectors. If the economy can reopen safely, it seems reasonable that we could see an unusually fast labour normalization as these sectors come back.</p><p><blockquote><li><b>三是劳动力市场。</b>我们的经济学家指出，最近的大部分失业发生在与COVID-19相关的行业。如果经济能够安全地重新开放，随着这些行业的回归，我们可能会看到异常快速的劳动力正常化，这似乎是合理的。</li></blockquote></p><p></li>  <li><b>Finally, there is the future path of policy.</b>Global central banks are signalling a strong commitment to supporting growth and returning inflation to more normal levels. Governments are showing little desire to eventually raise taxes or cut spending. Both stances suggest a hotter cycle, less likely to be restrained by policy tightening than the previous expansions.</p><p><blockquote><li><b>最后是政策的未来路径。</b>全球央行正在发出坚定承诺支持增长并将通胀恢复到更正常的水平的信号。各国政府没有表现出最终提高税收或削减支出的意愿。这两种立场都表明了一个更热的周期，与之前的扩张相比，不太可能受到政策收紧的限制。</li></blockquote></p><p></li> </ul> For all these reasons, our economists think that growth and inflation will exceed expectations over the next two years.<b>But just like in the cosmos, what burns hotter may also burn shorter.</b>Unlike the long expansions that defined the last 40 years, this one might look more similar to the late 1940s or 1950s.</p><p><blockquote>出于所有这些原因，我们的经济学家认为未来两年的增长和通胀将超出预期。<b>但是就像在宇宙中一样，燃烧得更热的东西也可能燃烧得更短。</b>与过去40年的长期扩张不同，这次扩张可能看起来更类似于20世纪40年代末或50年代。</blockquote></p><p> Short cycles can still mean good growth and multi-year expansions. The Roaring Twenties saw recessions in 1920, 1923 and 1926 (and, of course, 1929). The US economy grew at an enviable 4% rate between 1947 and 1960, despite recessions in 1948, 1953, 1957 and 1960. Each expansion lasted at least three years.</p><p><blockquote>短周期仍然意味着良好的增长和多年的扩张。咆哮的二十年代见证了1920年、1923年和1926年（当然还有1929年）的经济衰退。尽管1948年、1953年、1957年和1960年出现了衰退，但美国经济在1947年至1960年间以令人羡慕的4%的速度增长。每次扩张至少持续了三年。</blockquote></p><p> But this does mean that investors need to be more nimble. Different investments work in different parts of the economic cycle.<b>If this cycle burns hotter and shorter, we need to start thinking about rotating out of early-cycle winners.</b></p><p><blockquote>但这确实意味着投资者需要更加灵活。不同的投资在经济周期的不同部分发挥作用。<b>如果这个周期燃烧得更热、更短，我们需要开始考虑轮换出早期周期的赢家。</b></blockquote></p><p> Where should we look? US small-cap versus large-cap equities, copper versus gold and corporate credit are all strategies that we’ve liked given historically strong performance following recessions. But all do less well as the cycle extends. My colleague<b>Michael Wilson recently downgraded US small caps</b>(see<i>US Equity Strategy: Weekly Warm-up: The Cycle vs Liquidity; Downgrading Small Caps; Earnings &gt; Multiple, March 15, 2021</i>), an example of how we are looking to exit some early-cycle strategies.</p><p><blockquote>我们应该去哪里找？鉴于经济衰退后的历史强劲表现，美国小盘股与大盘股、铜与黄金以及企业信贷都是我们喜欢的策略。但随着周期的延长，所有这些都表现不佳。我的同事<b>迈克尔·威尔逊最近下调了美国小盘股的评级</b>（见<i>美股策略：周度预热：周期vs流动性；下调小盘股评级；收益&gt;倍数，2021年3月15日</i>），这是我们如何寻求退出一些早期周期策略的一个例子。</blockquote></p><p> Sector and regional leadership can also vary significantly as the cycle progresses.<b>Emerging market equities historically do best following a recession, but then lag</b>. Stocks in Europe and Japan have done better as the economy matures.</p><p><blockquote>随着周期的进展，部门和区域领导力也可能发生显着变化。<b>从历史上看，新兴市场股市在经济衰退后表现最好，但随后会滞后</b>随着经济的成熟，欧洲和日本的股市表现更好。</blockquote></p><p> Will conditions run too hot? One metric I’m following closely is the<b>US breakeven expectations curve</b>. At the moment, it is reflecting a modest overshoot of inflation over the next 2-5 years...</p><p><blockquote>天气会不会太热？我密切关注的一个指标是<b>美国盈亏平衡预期曲线</b>目前，它反映了未来2-5年通胀的适度超调...</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a18991a80e78a2ab365c583482078a91\" tg-width=\"500\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> ... followed by lower levels of inflation thereafter. That would appear to be exactly what the Fed hopes to deliver, wrapped up neatly with a nice little bow.</p><p><blockquote>...此后通胀水平较低。这似乎正是美联储希望提供的，用一个漂亮的小蝴蝶结整齐地包裹着。</blockquote></p><p></p><p> As long as that curve remains inverted, the market is signalling that inflationary pressure will be transitory, and there is little need for central banks to sharply change tack. Maybe this is correct. Maybe it is an example of expectations being driven by recent experience. Either way, it’s an important dynamic to watch.</p><p><blockquote>只要该曲线保持倒挂，市场就表明通胀压力将是暂时的，央行几乎没有必要大幅改变策略。也许这是正确的。也许这是一个由最近的经验驱动的期望的例子。不管怎样，这都是一个值得关注的重要动态。</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-burn-hotter-and-shoter-so-start-thinking-about-rotating-out-early\">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":"https://static.tigerbbs.com/d2488184ce4815610e2426c10250da75","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-burn-hotter-and-shoter-so-start-thinking-about-rotating-out-early","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169559774","content_text":"This discussion needs to start with an obvious question:Is this even a ‘new’ cycle?COVID-19 brought the global economy to a sudden stop, while an aggressive policy response drove a rapid recovery. Some investors argue that both were so fast thatconditions never ‘reset’ in the way they usually do during recessions.\nAll cycles have their quirks. The last three US recessions were adjacent to: 1) The largest equity bubble in history; 2) The largest financial crisis since the Great Depression; and 3) A global pandemic. If you’re looking for a 'normal' recession, good luck!\nSurprisingly, as different as these three recessions were, they were all preceded by similar phenomena. All three saw an inverted yield curve within ~6 months before they started. All three followed a Fed hiking cycle and core CPI above 2.4%Y. All three were preceded by high consumer confidence, low unemployment and declining equity market breadth.\nThose are an awful lot of similarities. And they carry through to the recovery. Since the lows of activity in April 2020, 'normal' early-cycle investment strategies have worked very well. Corporate default rates have been similar to other recessions when measured on a rolling two-year basis. If it walks like a new cycle and talks like a new cycle,we think that investors should treat it like a new cycle.\nYet while this cycle has so far followed many 'normal' patterns, its evolution could be unique. For several reasons, in the US and globally, this cycle could burn unusually hot.\n\nThe first is stimulus.The global economy is seeing record levels of fiscal and monetary stimulus at the same time. 'Unprecedented' is an overused word in our business, but this cycle qualifies and is unique among other post-recessionary periods.\nThe second is savings.Savings rates stand at historical highs in the US, Europe and China. While the distribution of these savings is uneven, they provide substantial fuel for consumption. Corporate cash balances are also elevated, a buffer against COVID-19 uncertainty that could find its way into spending as confidence returns.\nThird is the labor market.Our economists note that the majority of recent job losses were in COVID-19-related sectors. If the economy can reopen safely, it seems reasonable that we could see an unusually fast labour normalization as these sectors come back.\nFinally, there is the future path of policy.Global central banks are signalling a strong commitment to supporting growth and returning inflation to more normal levels. Governments are showing little desire to eventually raise taxes or cut spending. Both stances suggest a hotter cycle, less likely to be restrained by policy tightening than the previous expansions.\n\nFor all these reasons, our economists think that growth and inflation will exceed expectations over the next two years.But just like in the cosmos, what burns hotter may also burn shorter.Unlike the long expansions that defined the last 40 years, this one might look more similar to the late 1940s or 1950s.\nShort cycles can still mean good growth and multi-year expansions. The Roaring Twenties saw recessions in 1920, 1923 and 1926 (and, of course, 1929). The US economy grew at an enviable 4% rate between 1947 and 1960, despite recessions in 1948, 1953, 1957 and 1960. Each expansion lasted at least three years.\nBut this does mean that investors need to be more nimble. Different investments work in different parts of the economic cycle.If this cycle burns hotter and shorter, we need to start thinking about rotating out of early-cycle winners.\nWhere should we look? US small-cap versus large-cap equities, copper versus gold and corporate credit are all strategies that we’ve liked given historically strong performance following recessions. But all do less well as the cycle extends. My colleagueMichael Wilson recently downgraded US small caps(seeUS Equity Strategy: Weekly Warm-up: The Cycle vs Liquidity; Downgrading Small Caps; Earnings > Multiple, March 15, 2021), an example of how we are looking to exit some early-cycle strategies.\nSector and regional leadership can also vary significantly as the cycle progresses.Emerging market equities historically do best following a recession, but then lag. Stocks in Europe and Japan have done better as the economy matures.\nWill conditions run too hot? One metric I’m following closely is theUS breakeven expectations curve. At the moment, it is reflecting a modest overshoot of inflation over the next 2-5 years...\n\n... followed by lower levels of inflation thereafter. That would appear to be exactly what the Fed hopes to deliver, wrapped up neatly with a nice little bow.\nAs long as that curve remains inverted, the market is signalling that inflationary pressure will be transitory, and there is little need for central banks to sharply change tack. Maybe this is correct. Maybe it is an example of expectations being driven by recent experience. Either way, it’s an important dynamic to watch.","news_type":1,"symbols_score_info":{"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":2683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323538720,"gmtCreate":1615353115660,"gmtModify":1703487780844,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow that’s good. Like and comment?","listText":"Wow that’s good. Like and comment?","text":"Wow that’s good. Like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/323538720","repostId":"1140398434","repostType":4,"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320637730,"gmtCreate":1615090640320,"gmtModify":1703484660166,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Hmm interesting.. like and comment?","listText":"Hmm interesting.. like and comment?","text":"Hmm interesting.. like and comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/320637730","repostId":"1116031861","repostType":4,"repost":{"id":"1116031861","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614955424,"share":"https://www.laohu8.com/m/news/1116031861?lang=zh_CN&edition=full","pubTime":"2021-03-05 22:43","market":"us","language":"en","title":"Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116031861","media":"老虎资讯综合","summary":"(March 5) Senseonics plunged more than 9%. Senseonics downgraded to underperform from market perform","content":"<p>(March 5)&nbsp;Senseonics plunged more than 9%.&nbsp;</p><p><blockquote>（3月5日）Senseonics暴跌超9%。</blockquote></p><p>Senseonics downgraded to underperform from market perform at Raymond James.</p><p><blockquote>雷蒙德·詹姆斯(Raymond James)将Senseonics评级从市场表现下调至表现不佳。</blockquote></p><p>Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.</p><p><blockquote>Senseonics Holdings，Inc.报告季度亏损为每股0.41美元。与去年同期每股亏损(0.18)美元相比，减少了127.78%。该公司报告季度销售额为390万美元，比分析师普遍预期的305万美元高出27.87%。与去年同期895万美元的销售额相比，下降了56.44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8692adfc74e9219bd4e30a757ad3a1dd\" tg-width=\"1050\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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>Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</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\">\nSenseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Senseonics plunged more than 9%.&nbsp;</p><p><blockquote>（3月5日）Senseonics暴跌超9%。</blockquote></p><p>Senseonics downgraded to underperform from market perform at Raymond James.</p><p><blockquote>雷蒙德·詹姆斯(Raymond James)将Senseonics评级从市场表现下调至表现不佳。</blockquote></p><p>Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.</p><p><blockquote>Senseonics Holdings，Inc.报告季度亏损为每股0.41美元。与去年同期每股亏损(0.18)美元相比，减少了127.78%。该公司报告季度销售额为390万美元，比分析师普遍预期的305万美元高出27.87%。与去年同期895万美元的销售额相比，下降了56.44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8692adfc74e9219bd4e30a757ad3a1dd\" tg-width=\"1050\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SENS":"Senseonics Holdings,Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116031861","content_text":"(March 5) Senseonics plunged more than 9%. Senseonics downgraded to underperform from market perform at Raymond James.Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.","news_type":1,"symbols_score_info":{"SENS":0.9}},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361152603,"gmtCreate":1614215589302,"gmtModify":1634550678973,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Please like thank you","listText":"Please like thank you","text":"Please like thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361152603","repostId":"1129467108","repostType":4,"repost":{"id":"1129467108","kind":"news","pubTimestamp":1614164417,"share":"https://www.laohu8.com/m/news/1129467108?lang=zh_CN&edition=full","pubTime":"2021-02-24 19:00","market":"us","language":"en","title":"Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129467108","media":"Barrons","summary":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullie","content":"<p>Don’t worry. Be greedy.</p><p><blockquote>别担心。要贪心。</blockquote></p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p><blockquote>尽管投资者的担忧正在加剧，股市也受到债券收益率上升的欺负，但J.P.摩根策略师告诉他们的客户，现在是拥抱股票的时候了。</blockquote></p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p><blockquote>标准普尔500指数可能在3875点附近徘徊，但该行坚持2021年年底目标价4400点，区间为4200点至4600点。它的数字不仅仅是股市预期收益的一些衍生物。相反，它们反映了美国在Covid-19大流行后的经济复苏。</blockquote></p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p><blockquote>摩根大通衍生品策略师肖恩·奎格(Shawn Quigg)最近告诉客户，市场实现“这种收益迟早会到来，特别是考虑到未来的众多催化剂、它们对波动性的影响以及对投资者定位的影响。”</blockquote></p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p><blockquote>随着乔·拜登总统的政府支持1.9万亿美元的刺激计划，以及Covid-19感染和住院人数的下降，奎格预计股市将飙升。他的观点与近期交易有些出入。随着10年期国债收益率升至1.38%左右，股市下跌，此举加剧了通胀担忧和对股市暴跌的担忧。</blockquote></p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p><blockquote>奎格喜欢利用恐惧和悬而未决的刺激计划，拜登已经开始为该计划辩护，因为担心该计划规模过大。在各种采访中，总统挑战批评者告诉他，在这个国家如此多的人遭受苦难的时候，应该削减什么。拜登政府现在警告说，最大的风险不是大规模的刺激计划，而是规模太小，因此无法有意义地刺激经济增长。</blockquote></p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p><blockquote>为了让股市飙升，Quigg建议客户考虑出售SPDR标普500 ETF（股票代码：SPDR标普500指数ETF）5月353美元的看跌期权之一，并购买5月15日450美元的看涨期权期权。当ETF价格为392.39美元时，杠杆风险逆转策略——即卖出一份看跌期权并买入更多执行价格更高但到期日相同的评级——可以免费完成。换句话说，卖出看跌期权收到的钱足以买入15个看涨的评级。</blockquote></p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p><blockquote>该交易表明，该ETF（最近交易价格约为387美元）将在5月21日5月期权到期时达到450美元。看涨期权售价460美元，价值10美元。</blockquote></p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p><blockquote>比方说，如果ETF下跌，因为当前的担忧将市场推至353美元的执行价格以下，投资者将有义务以较低的价格买入，或者回补或调整看跌期权。</blockquote></p><p>Quigg’s trade idea has a lot to admire.</p><p><blockquote>奎格的交易理念有很多值得钦佩的地方。</blockquote></p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p><blockquote>其一，上周晚些时候推荐该交易时成本为零。是的，自2月18日的报告发布以来，价格已经发生了变化，但投资者可以重新调整执行价格以创建类似的定价。市场会发生变化，这就是为什么列出了这么多不同的执行价格。</blockquote></p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p><p><blockquote>此外，如果摩根大通对经济复苏的基本观点被证明是正确的，那么拥有一批不需要花费任何成本的上行评级可能会非常有利可图。如果市场屈服于当前价格疲软的担忧，以较低的价格持有标普500股票也并不可怕。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy J.P. Morgan Says Now Is the Time to Bet on the S&P 500<blockquote>为什么摩根大通表示现在是押注标普500的时候</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-02-24 19:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Don’t worry. Be greedy.</p><p><blockquote>别担心。要贪心。</blockquote></p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p><blockquote>尽管投资者的担忧正在加剧，股市也受到债券收益率上升的欺负，但J.P.摩根策略师告诉他们的客户，现在是拥抱股票的时候了。</blockquote></p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p><blockquote>标准普尔500指数可能在3875点附近徘徊，但该行坚持2021年年底目标价4400点，区间为4200点至4600点。它的数字不仅仅是股市预期收益的一些衍生物。相反，它们反映了美国在Covid-19大流行后的经济复苏。</blockquote></p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p><blockquote>摩根大通衍生品策略师肖恩·奎格(Shawn Quigg)最近告诉客户，市场实现“这种收益迟早会到来，特别是考虑到未来的众多催化剂、它们对波动性的影响以及对投资者定位的影响。”</blockquote></p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p><blockquote>随着乔·拜登总统的政府支持1.9万亿美元的刺激计划，以及Covid-19感染和住院人数的下降，奎格预计股市将飙升。他的观点与近期交易有些出入。随着10年期国债收益率升至1.38%左右，股市下跌，此举加剧了通胀担忧和对股市暴跌的担忧。</blockquote></p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p><blockquote>奎格喜欢利用恐惧和悬而未决的刺激计划，拜登已经开始为该计划辩护，因为担心该计划规模过大。在各种采访中，总统挑战批评者告诉他，在这个国家如此多的人遭受苦难的时候，应该削减什么。拜登政府现在警告说，最大的风险不是大规模的刺激计划，而是规模太小，因此无法有意义地刺激经济增长。</blockquote></p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p><blockquote>为了让股市飙升，Quigg建议客户考虑出售SPDR标普500 ETF（股票代码：SPDR标普500指数ETF）5月353美元的看跌期权之一，并购买5月15日450美元的看涨期权期权。当ETF价格为392.39美元时，杠杆风险逆转策略——即卖出一份看跌期权并买入更多执行价格更高但到期日相同的评级——可以免费完成。换句话说，卖出看跌期权收到的钱足以买入15个看涨的评级。</blockquote></p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p><blockquote>该交易表明，该ETF（最近交易价格约为387美元）将在5月21日5月期权到期时达到450美元。看涨期权售价460美元，价值10美元。</blockquote></p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p><blockquote>比方说，如果ETF下跌，因为当前的担忧将市场推至353美元的执行价格以下，投资者将有义务以较低的价格买入，或者回补或调整看跌期权。</blockquote></p><p>Quigg’s trade idea has a lot to admire.</p><p><blockquote>奎格的交易理念有很多值得钦佩的地方。</blockquote></p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p><blockquote>其一，上周晚些时候推荐该交易时成本为零。是的，自2月18日的报告发布以来，价格已经发生了变化，但投资者可以重新调整执行价格以创建类似的定价。市场会发生变化，这就是为什么列出了这么多不同的执行价格。</blockquote></p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p><p><blockquote>此外，如果摩根大通对经济复苏的基本观点被证明是正确的，那么拥有一批不需要花费任何成本的上行评级可能会非常有利可图。如果市场屈服于当前价格疲软的担忧，以较低的价格持有标普500股票也并不可怕。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129467108","content_text":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.TheS&P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”As President Joe Biden’s administration champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move that is fanning inflation fearsand worries about stock slumps.Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.To position for the stock market to surge higher, Quigg advised clients to consider selling one of the SPDR S&P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.Quigg’s trade idea has a lot to admire.For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&P 500 stocks at lower prices isn’t terrible, either.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369658286,"gmtCreate":1614041983945,"gmtModify":1634551439562,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Please like!","listText":"Please like!","text":"Please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/369658286","repostId":"1135994288","repostType":4,"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169013732,"gmtCreate":1623808800026,"gmtModify":1634027801418,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wah power","listText":"Wah power","text":"Wah power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169013732","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://www.laohu8.com/m/news/1191245053?lang=zh_CN&edition=full","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\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\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets<blockquote>四女巫困境：周五2万亿美元伽马到期将如何影响市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-06-15 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p><p><blockquote>上周，在讨论将VIX推至新冠大流行爆发以来的最低水平的市场夏季低迷时，我们表示，这段异常的市场平静期可能会持续到本周五的“四女巫”，届时大量的gamma和delta到期并去风险，在此过程中消除了股票的自然下行缓冲之一（请参阅“市场低迷随着下周五的Op-Ex而结束的4个原因”）。</blockquote></p><p> So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p><p><blockquote>因此，高盛内部衍生品专家洛基·菲什曼(Rocky Fishman)在谈到周五“可能影响市场的运营支出”的话题时，预览了即将到来的6月份到期，他称之为“规模很大——与典型的季度相当”。具体而言，<b>周五有1.8万亿美元的SPX期权到期，此外还有2400亿美元的SPDR标普500指数ETF期权以及2000亿美元的SPX和SPX E-mini期货期权。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p><p><blockquote>然而，尽管这些总数很大，<b>根据指数规模进行调整后，当前现货10%以内的到期期权数量比过去十年中的任何一个季度都要少。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p><p><blockquote>值得注意的是，根据高盛的估计，combos账户<b>对于15-20%的SPX期权，</b>因此，调整后的未平仓合约总额将达到1.5万亿美元，仍远高于即将到期的单一股票未平仓合约总额（7750亿美元）。此外，由于股市处于历史高位，预计6月份大部分未平仓合约均低于当前SPX现货价格。如下图所示，双峰在3900和4150。这意味着周五之后，在伽马被重新填充之前，这些点周围可能会有一定的“反”重力。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p><p><blockquote>这位高盛策略师随后解释了他认为低于已实现市场波动率的异常低水平的情况，并指出——正如我们上周讨论的——这与多头伽马头寸一致。考虑一下SPX<b>过去13个交易日的已实现波动率仅为5.1%，为2019年以来最低的13天已实现波动率。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p><p><blockquote>这与单一股票市场部分地区的极端波动形成鲜明对比；AMC上周是个股中合约量最高的（但名义交易量为70亿美元/天，远低于AMZN领先的1200亿美元/天），同期已实现成交量接近400%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p><p><blockquote>然后，正如野村证券的Charlie McElligott上周首次指出的那样，高盛的衍生品团队同意<b>极低的SPX已实现波动性与6月18日离开“华尔街”多头指数gamma的可能性是一致的，在这种情况下，Fishman呼应了我们上周所说的，即“一旦头寸变得更加干净，已实现波动性可能会回升。”</b>与此同时，VIX期货相对于SPX的贝塔值上升表明，投资者预计，如果市场抛售，空头伽马动态将会回升。翻译：<u><b>在抛售中，市场将变得更加波动。</b></u></blockquote></p><p> <img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p><p><blockquote>与此同时，与最新的备忘录股票挤压保持一致，高盛还指出，虽然单一股票期权交易量仍然很高，但远低于第一季度的峰值。最近几周，由散户驱动的所有单一股票期权活动的很大比例以及散户活动的预测价值都提高了对单一股票期权市场的关注。近期单一股票期权活动的增长主要集中在低股价股票上，导致过去两周合约交易量大幅上涨，但名义交易量并未与之匹配。在根据股市规模调整名义成交量时，高盛发现过去两周单只股票成交量实际上一直处于2021年区间的低点，这意味着最新的上涨几乎没有伽马挤压成分。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p><p> One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p><p><blockquote>我们最近讨论的最后一点是高盛的观察，即短期SPX期权（每周）和远离季度的趋势仍在继续，这与散户参与交易的不断增加相一致。这也是周五SPX到期时间小于最近许多季度的原因之一，也是为什么随着到期时间的临近，其交易量一直在下降的原因之一。</blockquote></p><p> As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p><p><blockquote>正如高盛所解释的那样，投资者越来越多地采用SPX到期的完整日历，包括每周一和周三的到期，因为他们围绕事件调整了自己的观点。事实上，<b>第三个周五到期的SPX期权交易量百分比处于历史最低点，</b>现在低于周一和周三到期的百分比。超短期交易量增加的一个解释是强劲的单一股票交易量：高盛提出了一个兴趣——“在某种程度上，做市商无法弥补散户投资者看涨期权买入产生的单一股票空头伽马，他们可能会积极交易超短期SPX指数期权的多头头寸，以抵消这种伽马。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p><p><blockquote>为什么这很重要？因为如果这种趋势足够大，它会直接导致低隐含和实现的相关性。<b>具有讽刺意味的是，通过增加单一名称“最受做空的名称”，散户投资者正在市场的其他部分迎来一段非正统的平静时期！</b></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2676,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353316892,"gmtCreate":1616460980216,"gmtModify":1634525714823,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Feeling rich","listText":"Feeling rich","text":"Feeling rich","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353316892","repostId":"2121807127","repostType":4,"isVote":1,"tweetType":1,"viewCount":3072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365275970,"gmtCreate":1614753656190,"gmtModify":1703480663937,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Both are good!","listText":"Both are good!","text":"Both are good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/365275970","repostId":"1132659841","repostType":4,"repost":{"id":"1132659841","kind":"news","pubTimestamp":1614752634,"share":"https://www.laohu8.com/m/news/1132659841?lang=zh_CN&edition=full","pubTime":"2021-03-03 14:23","market":"us","language":"en","title":"Bitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132659841","media":"CNN","summary":"New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof l","content":"<p>New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners can't just magically create more gold.</p><p><blockquote>纽约（CNN商业）通胀担忧导致近期股票和债券市场波动加剧。这对黄金来说应该是个好消息，黄金是一种供应有限的有形资产，在通胀时期往往表现良好。中央银行总是可以印更多的钱。矿工不可能神奇地创造更多的黄金。</blockquote></p><p> Butgoldhas recentlylost some of its lusterthanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below theall-time highof more than $2,000 an ounceset last summer.Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin — not far from therecord highit reached last month.Still, fans of gold think the yellow metal is due for a rebound — even if bitcoin continues to march higher as well.The tried and true inflation hedgeGold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation — as they are now.</p><p><blockquote>但由于城里出现了一位新的金融小子：比特币，黄金最近失去了一些光彩。金价今年下跌了约9%，比去年夏天创下的每盎司2000多美元的历史高点低了近15%。与此同时，比特币已飙升近70%，目前徘徊在每枚硬币略低于50,000美元，距离上个月创下的历史新高不远。尽管如此，黄金爱好者认为黄金将会反弹——即使比特币也继续走高。久经考验的通胀对冲黄金是一种经典的恐惧交易。去年，由于担心冠状病毒封锁削弱全球经济，价格上涨。但当投资者担心通胀时，黄金也表现良好——就像现在一样。</blockquote></p><p> Plus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despiterecent decisionsby the likes ofTesla(TSLA)andMicroStrategy(MSTR)tohold bitcoinon their balance sheets.</p><p><blockquote>此外，尽管特斯拉(TSLA)和MicroStrategy(MSTR)等公司最近决定在资产负债表上持有比特币，但对于许多寻求保护现金的大型机构来说，比特币的价格波动可能会使其不如黄金更具吸引力。</blockquote></p><p> \"Investors need a serious hedge against inflation, and bitcoin may not offer that,\" said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.Some investors think inflation fears could run rampant again if the US Senate passes President Joe Biden's proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.\"The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation,\" Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will \"only fuel the fire\" of inflation.Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.They argue that investors need to \"stay vigilant\" and get ahead of this inflation scenario and that buying gold is one way to do so.\"Gold could also provide support amid abundant liquidity in the current environment,\" the Amundi analysts wrote in a report.Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked \"overdone\" and that —\"spikes in market uncertainties...could offer support in the short run.\"But bitcoin may be beating gold for good reasonStill, a gold rebound doesn't have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.\"Gold is good for slightly higher inflation but not necessarily much higher real interest rates,\" said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.</p><p><blockquote>Swissquote高级分析师Ipek Ozkardeskaya在最近的一份报告中表示：“投资者需要认真对冲通胀，而比特币可能无法提供这一点。”一些投资者认为，如果美国参议院通过总统乔·拜登提出的1.9万亿美元刺激计划，通胀担忧可能会再次猖獗。有人质疑，既然有多种新冠肺炎疫苗，越来越多的人重返工作岗位，是否真的需要那么多钱。令人担忧的是，所有的联邦刺激资金最终将导致经济过热，导致更高的通胀。这反过来可能会进一步推高金价。”我们看到金价上涨的原因也主要是因为美国众议院通过了刺激计划。AvaTrade首席市场分析师Naeem Aslam在一份报告中表示：“我们确实担心通胀上升。”他补充说，更多的刺激措施只会“助长”通胀。欧洲资产管理公司Amundi的分析师也担心随着美国经济复苏，利率上升导致通胀突然飙升。他们认为，投资者需要“保持警惕”并领先于这种通胀情景，购买黄金是实现这一目标的一种方式。瑞银全球财富管理公司的分析师在周二的一份报告中还表示，近期黄金的回调看起来“过度”，“市场不确定性的飙升……可能会在短期内提供支撑。”但比特币可能有充分的理由击败黄金尽管如此，黄金反弹并不一定要与比特币回调同时发生。事实上，在债券收益率预计将继续攀升之际，加密货币可能继续是一个不错的选择。Alger市场策略总监Brad Neuman表示：“黄金有利于通胀略高，但不一定有利于实际利率高得多。”接受CNN Business采访。纽曼表示，尽管通胀往往伴随着利率上升，但问题是利率可能会大幅飙升，损害黄金回报。这可能是它最近落后于比特币的原因之一。</blockquote></p><p> As such, Neuman thinks bitcoin — as well as crypto-related companies such asPayPal(PYPL), which now allows users to trade and hold bitcoin on the platform — could be even better bets than gold.Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation — justlike gold.The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.\"There is a finite number of coins. That is why bitcoin can replace gold,\" said Steve Ehrlich, CEO ofVoyager Digital(VYGVF), a cyptocurrency brokerage firm. \"It really is more like digital gold and not necessarily a medium for payment.\"Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.</p><p><blockquote>因此，纽曼认为比特币以及PayPal(PYPL)等加密货币相关公司（现在允许用户在该平台上交易和持有比特币）可能是比黄金更好的选择。比特币支持者还指出，加密货币可能仍然受到投资者的欢迎，他们将其视为通货膨胀时期的价值储存手段——就像黄金一样。比特币今年飙升的最大原因可能与投资者开始认识到加密货币比黄金或其他贵金属更加稀缺有关。其源代码中内置的比特币上限仅为2100万个。大约1860万枚已经在流通。“硬币的数量是有限的。这就是为什么比特币可以取代黄金，”加密货币经纪公司Voyager Digital(VYGVF)的首席执行官Steve Ehrlich说。“它实际上更像是数字黄金，不一定是支付媒介。”大多数消费者不太可能使用黄金或比特币来实际购买任何东西，但在消费者价格上涨之际，这两种资产最终可能成为投资赢家。</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>Bitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin is surging as an inflation hedge, but don't count out gold either<blockquote>比特币作为通胀对冲工具正在飙升，但也不要排除黄金</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-03-03 14:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners can't just magically create more gold.</p><p><blockquote>纽约（CNN商业）通胀担忧导致近期股票和债券市场波动加剧。这对黄金来说应该是个好消息，黄金是一种供应有限的有形资产，在通胀时期往往表现良好。中央银行总是可以印更多的钱。矿工不可能神奇地创造更多的黄金。</blockquote></p><p> Butgoldhas recentlylost some of its lusterthanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below theall-time highof more than $2,000 an ounceset last summer.Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin — not far from therecord highit reached last month.Still, fans of gold think the yellow metal is due for a rebound — even if bitcoin continues to march higher as well.The tried and true inflation hedgeGold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation — as they are now.</p><p><blockquote>但由于城里出现了一位新的金融小子：比特币，黄金最近失去了一些光彩。金价今年下跌了约9%，比去年夏天创下的每盎司2000多美元的历史高点低了近15%。与此同时，比特币已飙升近70%，目前徘徊在每枚硬币略低于50,000美元，距离上个月创下的历史新高不远。尽管如此，黄金爱好者认为黄金将会反弹——即使比特币也继续走高。久经考验的通胀对冲黄金是一种经典的恐惧交易。去年，由于担心冠状病毒封锁削弱全球经济，价格上涨。但当投资者担心通胀时，黄金也表现良好——就像现在一样。</blockquote></p><p> Plus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despiterecent decisionsby the likes ofTesla(TSLA)andMicroStrategy(MSTR)tohold bitcoinon their balance sheets.</p><p><blockquote>此外，尽管特斯拉(TSLA)和MicroStrategy(MSTR)等公司最近决定在资产负债表上持有比特币，但对于许多寻求保护现金的大型机构来说，比特币的价格波动可能会使其不如黄金更具吸引力。</blockquote></p><p> \"Investors need a serious hedge against inflation, and bitcoin may not offer that,\" said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.Some investors think inflation fears could run rampant again if the US Senate passes President Joe Biden's proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.\"The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation,\" Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will \"only fuel the fire\" of inflation.Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.They argue that investors need to \"stay vigilant\" and get ahead of this inflation scenario and that buying gold is one way to do so.\"Gold could also provide support amid abundant liquidity in the current environment,\" the Amundi analysts wrote in a report.Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked \"overdone\" and that —\"spikes in market uncertainties...could offer support in the short run.\"But bitcoin may be beating gold for good reasonStill, a gold rebound doesn't have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.\"Gold is good for slightly higher inflation but not necessarily much higher real interest rates,\" said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.</p><p><blockquote>Swissquote高级分析师Ipek Ozkardeskaya在最近的一份报告中表示：“投资者需要认真对冲通胀，而比特币可能无法提供这一点。”一些投资者认为，如果美国参议院通过总统乔·拜登提出的1.9万亿美元刺激计划，通胀担忧可能会再次猖獗。有人质疑，既然有多种新冠肺炎疫苗，越来越多的人重返工作岗位，是否真的需要那么多钱。令人担忧的是，所有的联邦刺激资金最终将导致经济过热，导致更高的通胀。这反过来可能会进一步推高金价。”我们看到金价上涨的原因也主要是因为美国众议院通过了刺激计划。AvaTrade首席市场分析师Naeem Aslam在一份报告中表示：“我们确实担心通胀上升。”他补充说，更多的刺激措施只会“助长”通胀。欧洲资产管理公司Amundi的分析师也担心随着美国经济复苏，利率上升导致通胀突然飙升。他们认为，投资者需要“保持警惕”并领先于这种通胀情景，购买黄金是实现这一目标的一种方式。瑞银全球财富管理公司的分析师在周二的一份报告中还表示，近期黄金的回调看起来“过度”，“市场不确定性的飙升……可能会在短期内提供支撑。”但比特币可能有充分的理由击败黄金尽管如此，黄金反弹并不一定要与比特币回调同时发生。事实上，在债券收益率预计将继续攀升之际，加密货币可能继续是一个不错的选择。Alger市场策略总监Brad Neuman表示：“黄金有利于通胀略高，但不一定有利于实际利率高得多。”接受CNN Business采访。纽曼表示，尽管通胀往往伴随着利率上升，但问题是利率可能会大幅飙升，损害黄金回报。这可能是它最近落后于比特币的原因之一。</blockquote></p><p> As such, Neuman thinks bitcoin — as well as crypto-related companies such asPayPal(PYPL), which now allows users to trade and hold bitcoin on the platform — could be even better bets than gold.Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation — justlike gold.The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.\"There is a finite number of coins. That is why bitcoin can replace gold,\" said Steve Ehrlich, CEO ofVoyager Digital(VYGVF), a cyptocurrency brokerage firm. \"It really is more like digital gold and not necessarily a medium for payment.\"Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.</p><p><blockquote>因此，纽曼认为比特币以及PayPal(PYPL)等加密货币相关公司（现在允许用户在该平台上交易和持有比特币）可能是比黄金更好的选择。比特币支持者还指出，加密货币可能仍然受到投资者的欢迎，他们将其视为通货膨胀时期的价值储存手段——就像黄金一样。比特币今年飙升的最大原因可能与投资者开始认识到加密货币比黄金或其他贵金属更加稀缺有关。其源代码中内置的比特币上限仅为2100万个。大约1860万枚已经在流通。“硬币的数量是有限的。这就是为什么比特币可以取代黄金，”加密货币经纪公司Voyager Digital(VYGVF)的首席执行官Steve Ehrlich说。“它实际上更像是数字黄金，不一定是支付媒介。”大多数消费者不太可能使用黄金或比特币来实际购买任何东西，但在消费者价格上涨之际，这两种资产最终可能成为投资赢家。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/03/02/investing/gold-bitcoin-inflation/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":{"GBTC":"比特币ETF-Grayscale"},"source_url":"https://edition.cnn.com/2021/03/02/investing/gold-bitcoin-inflation/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132659841","content_text":"New York (CNN Business)Inflation concerns have led to more volatility in thestockandbond marketsof late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners can't just magically create more gold.\nButgoldhas recentlylost some of its lusterthanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below theall-time highof more than $2,000 an ounceset last summer.Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin — not far from therecord highit reached last month.Still, fans of gold think the yellow metal is due for a rebound — even if bitcoin continues to march higher as well.The tried and true inflation hedgeGold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation — as they are now.\nPlus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despiterecent decisionsby the likes ofTesla(TSLA)andMicroStrategy(MSTR)tohold bitcoinon their balance sheets.\n\"Investors need a serious hedge against inflation, and bitcoin may not offer that,\" said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.Some investors think inflation fears could run rampant again if the US Senate passes President Joe Biden's proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.\"The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation,\" Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will \"only fuel the fire\" of inflation.Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.They argue that investors need to \"stay vigilant\" and get ahead of this inflation scenario and that buying gold is one way to do so.\"Gold could also provide support amid abundant liquidity in the current environment,\" the Amundi analysts wrote in a report.Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked \"overdone\" and that —\"spikes in market uncertainties...could offer support in the short run.\"But bitcoin may be beating gold for good reasonStill, a gold rebound doesn't have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.\"Gold is good for slightly higher inflation but not necessarily much higher real interest rates,\" said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.\nAs such, Neuman thinks bitcoin — as well as crypto-related companies such asPayPal(PYPL), which now allows users to trade and hold bitcoin on the platform — could be even better bets than gold.Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation — justlike gold.The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.\"There is a finite number of coins. That is why bitcoin can replace gold,\" said Steve Ehrlich, CEO ofVoyager Digital(VYGVF), a cyptocurrency brokerage firm. \"It really is more like digital gold and not necessarily a medium for payment.\"Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366987730,"gmtCreate":1614384779020,"gmtModify":1703477120425,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/366987730","repostId":"1181374212","repostType":4,"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351046520,"gmtCreate":1616548574860,"gmtModify":1634525259284,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Woah okay","listText":"Woah okay","text":"Woah okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351046520","repostId":"1103096316","repostType":4,"repost":{"id":"1103096316","kind":"news","pubTimestamp":1616547729,"share":"https://www.laohu8.com/m/news/1103096316?lang=zh_CN&edition=full","pubTime":"2021-03-24 09:02","market":"us","language":"en","title":"2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103096316","media":"fool","summary":"Nasdaq Compositeis a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped g","content":"<p><b>Nasdaq Composite</b>is a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped give theNasdaqone of its best years ever. Recently, though, the Nasdaq's rise has taken a bit of a pause.</p><p><blockquote><b>纳斯达克复合材料</b>是创新的温床，2020年颠覆性股票的牛市帮助纳斯达克迎来了有史以来最好的几年。不过，最近，纳斯达克的崛起有所停顿。</blockquote></p><p>ARK Invest's CEO and chief investment officer, Cathie Wood, has gotten a lot of notoriety for her stock picking prowess over the past year, largely because she's embraced some of the best stocks on the Nasdaq.<b>Tesla</b>is the best-known of Wood's top picks, and odds are you already know as much as you want to know about the electric vehicle specialist. However, some other Nasdaq stocks aren't as familiar to ordinary investors even though they have their own opportunities to soar in the years ahead. Below, we'll look at two of the stocks you'll find prominently among ARK Invest exchange-traded fund (ETF) holdings that probably haven't made it onto your radar screen.</p><p><blockquote>ARK Invest的首席执行官兼首席投资官凯西·伍德(Cathie Wood)在过去一年中因其选股能力而声名狼藉，这主要是因为她接受了纳斯达克上一些最好的股票。<b>特斯拉</b>是伍德最著名的首选，很可能您已经了解了这位电动汽车专家。然而，其他一些纳斯达克股票并不为普通投资者所熟悉，尽管它们在未来几年也有飙升的机会。下面，我们将看看ARK Invest交易所交易基金(ETF)持有的两只股票，它们可能尚未出现在您的雷达屏幕上。</blockquote></p><p>A play on automation</p><p><blockquote>关于自动化的游戏</blockquote></p><p><b>Trimble</b>(NASDAQ:TRMB)isn't a new company, but it has quickly become one of Wood's favorite picks. The stock is the third-largest position in ARK Invest's<b>Autonomous Technology &amp; Robotics ETF</b>, making up more than $180 million at recent prices. That's not a huge amount by ARK's standards, but it gives the fund manager a 1% stake in Trimble.</p><p><blockquote><b>特林布尔</b>（纳斯达克：TRMB）并不是一家新公司，但它很快成为伍德最喜欢的选择之一。该股票是ARK Invest的第三大头寸<b>自主技术与机器人ETF</b>，按最近的价格计算，超过1.8亿美元。按照ARK的标准，这并不是一个很大的数额，但它让基金经理拥有了Trimble 1%的股份。</blockquote></p><p>Founded more than 40 years ago, Trimble's software, hardware, and services are geared toward modeling, data analytics, connectivity, and positioning. Trimble serves a vast array of industries ranging from transportation and utilities to agriculture, construction, and geospacial surveys and mapping.</p><p><blockquote>Trimble成立于40多年前，其软件、硬件和服务面向建模、数据分析、连接和定位。Trimble服务于从运输和公用事业到农业、建筑和地理空间测绘的众多行业。</blockquote></p><p>ARK Invest has long been afan of Trimble. In the agricultural space, Trimble's systems have allowed automated farm equipment to use global positioning system navigation to maximize planting, fertilizing, and harvesting efficiency. Trimble will likely play a role in space exploration as well, adding to its optionality.</p><p><blockquote>ARK Invest长期以来一直是Trimble的粉丝。在农业领域，Trimble的系统已经允许自动化农场设备使用全球定位系统导航来最大限度地提高种植、施肥和收获效率。Trimble也可能在太空探索中发挥作用，增加其可选性。</blockquote></p><p>Trimble shares have doubled since last April, but the company has considerable growth potential. There's room for Trimble's stock to keep rising if it can keep capitalizing on opportunities in automation, and with the share price down almost 5% on Tuesday, investors would get a bit of a bargain on Trimble currently.</p><p><blockquote>自去年4月以来，Trimble的股价已经翻了一番，但该公司具有相当大的增长潜力。如果Trimble能够继续利用自动化领域的机会，其股价还有继续上涨的空间，而且随着周二股价下跌近5%，投资者目前将在Trimble上获得一点便宜。</blockquote></p><p>A new Twist on genetics</p><p><blockquote>遗传学的新变化</blockquote></p><p>Meanwhile, ARK Invest has made an even bigger investment in genetics specialist<b>Twist Bioscience</b>(NASDAQ:TWST). The company weighs in at No. 5 among holdings of the<b>ARK Genomic Revolution Multi-Sector ETF</b>(NYSEMKT:ARKG), and the nearly $420 million ARK Invest has invested in Twist amounts to about 7% of Twist's outstanding shares. Twist's stock has been extremely volatile lately, having risen as much as eightfold from its lows last year before falling back by about a third since mid-January.</p><p><blockquote>与此同时，ARK Invest对遗传学专家进行了更大的投资<b>扭曲生物科学</b>（纳斯达克：TWST）。该公司在持股中排名第五<b>方舟基因组革命多板块ETF</b>（NYSEMKT：ARKG），ARK Invest向Twist投资的近4.2亿美元约占Twist已发行股份的7%。Twist的股价最近波动极大，从去年的低点上涨了八倍，然后自1月中旬以来回落了约三分之一。</blockquote></p><p>Twist's business centers on DNA synthesis, with a cutting-edge genomic sequencing system that can produce viable synthetic genetic material for use in experiments at biotech and biopharmaceutical companies and research institutions. Wood has identified Twist's ability to help clinicians find signals indicating potential cancer as groundbreaking in the field, with the capacity to enable earlier detection and likely save large numbers of lives.</p><p><blockquote>Twist的业务以DNA合成为中心，拥有尖端的基因组测序系统，可以生产可行的合成遗传物质，用于生物技术和生物制药公司以及研究机构的实验。Wood认为Twist能够帮助临床医生找到表明潜在癌症的信号，这在该领域具有开创性，能够实现早期检测，并可能挽救大量生命。</blockquote></p><p>At this stage, Twist is going through a pattern that's familiar to high-growth investors. In its most recent quarterly numbers,Twist reported a 64% jump in revenue, with losses narrowing from year-earlier levels. Yet the stock failed to gain ground, leading some to conclude that its recent gains precluded it from benefiting from the good news on the business fundamentals front. Shares are down another 2% on Tuesday afternoon, but that only makes the value proposition that much better for those interested in the genomics stock.</p><p><blockquote>现阶段，Twist正在经历高增长投资者熟悉的模式。在最新的季度数据中，Twist报告收入增长了64%，亏损较去年同期有所收窄。然而，该股未能上涨，导致一些人得出结论，其最近的上涨使其无法从商业基本面的好消息中受益。周二下午，股价又下跌了2%，但这只会让那些对genomics股票感兴趣的人的价值主张变得更好。</blockquote></p><p>Keep your eyes on Wood's buys</p><p><blockquote>密切关注伍德的购买</blockquote></p><p>Even Cathie Wood doesn't bat a thousand with her stock picks, so there's no guarantee that Twist or Trimble will keep rising. Nevertheless, these two companies have attractive businesses and have rewarded shareholders so far. That bodes well for their prospects in the near future as well.</p><p><blockquote>即使是凯西·伍德(Cathie Wood)的选股也没有达到一千倍，因此无法保证Twist或Trimble会继续上涨。尽管如此，这两家公司的业务颇具吸引力，迄今为止也为股东带来了回报。这也预示着他们在不久的将来的前景。</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>2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Under-the-Radar Nasdaq Stocks Cathie Wood Loves Right Now<blockquote>凯西·伍德(Cathie Wood)目前喜爱的2只不为人知的纳斯达克股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">fool</strong><span class=\"h-time small\">2021-03-24 09:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Nasdaq Composite</b>is a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped give theNasdaqone of its best years ever. Recently, though, the Nasdaq's rise has taken a bit of a pause.</p><p><blockquote><b>纳斯达克复合材料</b>是创新的温床，2020年颠覆性股票的牛市帮助纳斯达克迎来了有史以来最好的几年。不过，最近，纳斯达克的崛起有所停顿。</blockquote></p><p>ARK Invest's CEO and chief investment officer, Cathie Wood, has gotten a lot of notoriety for her stock picking prowess over the past year, largely because she's embraced some of the best stocks on the Nasdaq.<b>Tesla</b>is the best-known of Wood's top picks, and odds are you already know as much as you want to know about the electric vehicle specialist. However, some other Nasdaq stocks aren't as familiar to ordinary investors even though they have their own opportunities to soar in the years ahead. Below, we'll look at two of the stocks you'll find prominently among ARK Invest exchange-traded fund (ETF) holdings that probably haven't made it onto your radar screen.</p><p><blockquote>ARK Invest的首席执行官兼首席投资官凯西·伍德(Cathie Wood)在过去一年中因其选股能力而声名狼藉，这主要是因为她接受了纳斯达克上一些最好的股票。<b>特斯拉</b>是伍德最著名的首选，很可能您已经了解了这位电动汽车专家。然而，其他一些纳斯达克股票并不为普通投资者所熟悉，尽管它们在未来几年也有飙升的机会。下面，我们将看看ARK Invest交易所交易基金(ETF)持有的两只股票，它们可能尚未出现在您的雷达屏幕上。</blockquote></p><p>A play on automation</p><p><blockquote>关于自动化的游戏</blockquote></p><p><b>Trimble</b>(NASDAQ:TRMB)isn't a new company, but it has quickly become one of Wood's favorite picks. The stock is the third-largest position in ARK Invest's<b>Autonomous Technology &amp; Robotics ETF</b>, making up more than $180 million at recent prices. That's not a huge amount by ARK's standards, but it gives the fund manager a 1% stake in Trimble.</p><p><blockquote><b>特林布尔</b>（纳斯达克：TRMB）并不是一家新公司，但它很快成为伍德最喜欢的选择之一。该股票是ARK Invest的第三大头寸<b>自主技术与机器人ETF</b>，按最近的价格计算，超过1.8亿美元。按照ARK的标准，这并不是一个很大的数额，但它让基金经理拥有了Trimble 1%的股份。</blockquote></p><p>Founded more than 40 years ago, Trimble's software, hardware, and services are geared toward modeling, data analytics, connectivity, and positioning. Trimble serves a vast array of industries ranging from transportation and utilities to agriculture, construction, and geospacial surveys and mapping.</p><p><blockquote>Trimble成立于40多年前，其软件、硬件和服务面向建模、数据分析、连接和定位。Trimble服务于从运输和公用事业到农业、建筑和地理空间测绘的众多行业。</blockquote></p><p>ARK Invest has long been afan of Trimble. In the agricultural space, Trimble's systems have allowed automated farm equipment to use global positioning system navigation to maximize planting, fertilizing, and harvesting efficiency. Trimble will likely play a role in space exploration as well, adding to its optionality.</p><p><blockquote>ARK Invest长期以来一直是Trimble的粉丝。在农业领域，Trimble的系统已经允许自动化农场设备使用全球定位系统导航来最大限度地提高种植、施肥和收获效率。Trimble也可能在太空探索中发挥作用，增加其可选性。</blockquote></p><p>Trimble shares have doubled since last April, but the company has considerable growth potential. There's room for Trimble's stock to keep rising if it can keep capitalizing on opportunities in automation, and with the share price down almost 5% on Tuesday, investors would get a bit of a bargain on Trimble currently.</p><p><blockquote>自去年4月以来，Trimble的股价已经翻了一番，但该公司具有相当大的增长潜力。如果Trimble能够继续利用自动化领域的机会，其股价还有继续上涨的空间，而且随着周二股价下跌近5%，投资者目前将在Trimble上获得一点便宜。</blockquote></p><p>A new Twist on genetics</p><p><blockquote>遗传学的新变化</blockquote></p><p>Meanwhile, ARK Invest has made an even bigger investment in genetics specialist<b>Twist Bioscience</b>(NASDAQ:TWST). The company weighs in at No. 5 among holdings of the<b>ARK Genomic Revolution Multi-Sector ETF</b>(NYSEMKT:ARKG), and the nearly $420 million ARK Invest has invested in Twist amounts to about 7% of Twist's outstanding shares. Twist's stock has been extremely volatile lately, having risen as much as eightfold from its lows last year before falling back by about a third since mid-January.</p><p><blockquote>与此同时，ARK Invest对遗传学专家进行了更大的投资<b>扭曲生物科学</b>（纳斯达克：TWST）。该公司在持股中排名第五<b>方舟基因组革命多板块ETF</b>（NYSEMKT：ARKG），ARK Invest向Twist投资的近4.2亿美元约占Twist已发行股份的7%。Twist的股价最近波动极大，从去年的低点上涨了八倍，然后自1月中旬以来回落了约三分之一。</blockquote></p><p>Twist's business centers on DNA synthesis, with a cutting-edge genomic sequencing system that can produce viable synthetic genetic material for use in experiments at biotech and biopharmaceutical companies and research institutions. Wood has identified Twist's ability to help clinicians find signals indicating potential cancer as groundbreaking in the field, with the capacity to enable earlier detection and likely save large numbers of lives.</p><p><blockquote>Twist的业务以DNA合成为中心，拥有尖端的基因组测序系统，可以生产可行的合成遗传物质，用于生物技术和生物制药公司以及研究机构的实验。Wood认为Twist能够帮助临床医生找到表明潜在癌症的信号，这在该领域具有开创性，能够实现早期检测，并可能挽救大量生命。</blockquote></p><p>At this stage, Twist is going through a pattern that's familiar to high-growth investors. In its most recent quarterly numbers,Twist reported a 64% jump in revenue, with losses narrowing from year-earlier levels. Yet the stock failed to gain ground, leading some to conclude that its recent gains precluded it from benefiting from the good news on the business fundamentals front. Shares are down another 2% on Tuesday afternoon, but that only makes the value proposition that much better for those interested in the genomics stock.</p><p><blockquote>现阶段，Twist正在经历高增长投资者熟悉的模式。在最新的季度数据中，Twist报告收入增长了64%，亏损较去年同期有所收窄。然而，该股未能上涨，导致一些人得出结论，其最近的上涨使其无法从商业基本面的好消息中受益。周二下午，股价又下跌了2%，但这只会让那些对genomics股票感兴趣的人的价值主张变得更好。</blockquote></p><p>Keep your eyes on Wood's buys</p><p><blockquote>密切关注伍德的购买</blockquote></p><p>Even Cathie Wood doesn't bat a thousand with her stock picks, so there's no guarantee that Twist or Trimble will keep rising. Nevertheless, these two companies have attractive businesses and have rewarded shareholders so far. That bodes well for their prospects in the near future as well.</p><p><blockquote>即使是凯西·伍德(Cathie Wood)的选股也没有达到一千倍，因此无法保证Twist或Trimble会继续上涨。尽管如此，这两家公司的业务颇具吸引力，迄今为止也为股东带来了回报。这也预示着他们在不久的将来的前景。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/03/23/2-under-the-radar-nasdaq-stocks-cathie-wood-loves/\">fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/03/23/2-under-the-radar-nasdaq-stocks-cathie-wood-loves/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103096316","content_text":"Nasdaq Compositeis a hotbed of innovation, and the bull market in disruptive stocks in 2020 helped give theNasdaqone of its best years ever. Recently, though, the Nasdaq's rise has taken a bit of a pause.ARK Invest's CEO and chief investment officer, Cathie Wood, has gotten a lot of notoriety for her stock picking prowess over the past year, largely because she's embraced some of the best stocks on the Nasdaq.Teslais the best-known of Wood's top picks, and odds are you already know as much as you want to know about the electric vehicle specialist. However, some other Nasdaq stocks aren't as familiar to ordinary investors even though they have their own opportunities to soar in the years ahead. Below, we'll look at two of the stocks you'll find prominently among ARK Invest exchange-traded fund (ETF) holdings that probably haven't made it onto your radar screen.A play on automationTrimble(NASDAQ:TRMB)isn't a new company, but it has quickly become one of Wood's favorite picks. The stock is the third-largest position in ARK Invest'sAutonomous Technology & Robotics ETF, making up more than $180 million at recent prices. That's not a huge amount by ARK's standards, but it gives the fund manager a 1% stake in Trimble.Founded more than 40 years ago, Trimble's software, hardware, and services are geared toward modeling, data analytics, connectivity, and positioning. Trimble serves a vast array of industries ranging from transportation and utilities to agriculture, construction, and geospacial surveys and mapping.ARK Invest has long been afan of Trimble. In the agricultural space, Trimble's systems have allowed automated farm equipment to use global positioning system navigation to maximize planting, fertilizing, and harvesting efficiency. Trimble will likely play a role in space exploration as well, adding to its optionality.Trimble shares have doubled since last April, but the company has considerable growth potential. There's room for Trimble's stock to keep rising if it can keep capitalizing on opportunities in automation, and with the share price down almost 5% on Tuesday, investors would get a bit of a bargain on Trimble currently.A new Twist on geneticsMeanwhile, ARK Invest has made an even bigger investment in genetics specialistTwist Bioscience(NASDAQ:TWST). The company weighs in at No. 5 among holdings of theARK Genomic Revolution Multi-Sector ETF(NYSEMKT:ARKG), and the nearly $420 million ARK Invest has invested in Twist amounts to about 7% of Twist's outstanding shares. Twist's stock has been extremely volatile lately, having risen as much as eightfold from its lows last year before falling back by about a third since mid-January.Twist's business centers on DNA synthesis, with a cutting-edge genomic sequencing system that can produce viable synthetic genetic material for use in experiments at biotech and biopharmaceutical companies and research institutions. Wood has identified Twist's ability to help clinicians find signals indicating potential cancer as groundbreaking in the field, with the capacity to enable earlier detection and likely save large numbers of lives.At this stage, Twist is going through a pattern that's familiar to high-growth investors. In its most recent quarterly numbers,Twist reported a 64% jump in revenue, with losses narrowing from year-earlier levels. Yet the stock failed to gain ground, leading some to conclude that its recent gains precluded it from benefiting from the good news on the business fundamentals front. Shares are down another 2% on Tuesday afternoon, but that only makes the value proposition that much better for those interested in the genomics stock.Keep your eyes on Wood's buysEven Cathie Wood doesn't bat a thousand with her stock picks, so there's no guarantee that Twist or Trimble will keep rising. Nevertheless, these two companies have attractive businesses and have rewarded shareholders so far. That bodes well for their prospects in the near future as well.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350015275,"gmtCreate":1616137451397,"gmtModify":1634527048603,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Wow powerful","listText":"Wow powerful","text":"Wow powerful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350015275","repostId":"1158672278","repostType":4,"isVote":1,"tweetType":1,"viewCount":1793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325920385,"gmtCreate":1615858300547,"gmtModify":1703494058273,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325920385","repostId":"1130810138","repostType":4,"repost":{"id":"1130810138","kind":"news","pubTimestamp":1615857713,"share":"https://www.laohu8.com/m/news/1130810138?lang=zh_CN&edition=full","pubTime":"2021-03-16 09:21","market":"us","language":"en","title":"AMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130810138","media":"TheStreet","summary":"Like other tech stocks, Advanced Micro Devices (AMD) hasn't fared too well lately.\nAlthough it’s hel","content":"<p>Like other tech stocks, Advanced Micro Devices&nbsp;(<b>AMD</b>) hasn't fared too well lately.</p><p><blockquote>与其他科技股一样，Advanced Micro Devices(<b>AMD</b>）最近过得不太好。</blockquote></p><p> Although it’s held up better than some of its high-growth peers, AMD hasn’t been immune to the decline in tech stocks.</p><p><blockquote>尽管AMD的表现优于一些高增长同行，但它也未能幸免于科技股下跌的影响。</blockquote></p><p> While&nbsp;higher interest rates have been the blame, the entire tech space has been struggling. Shares of AMD fell 25.5% from peak to their recent trough, which is about in-line with Nvidia’s&nbsp;(<b>NVDA</b>) &nbsp;recent slide.</p><p><blockquote>尽管利率上升是罪魁祸首，但整个科技领域一直在苦苦挣扎。AMD股价从峰值下跌25.5%至近期低点，与Nvidia的股价大致一致（<b>NVDA</b>）最近的幻灯片。</blockquote></p><p> I liked Nvidia on the dip&nbsp;and because both companies have great fundamentals I like AMD on the dip too.</p><p><blockquote>我喜欢下跌的英伟达，因为两家公司都有很好的基本面，我也喜欢下跌的AMD。</blockquote></p><p> So far, shares have been rallying nicely off last week’s low. Let’s take a closer look at the chart to see what the damage is.</p><p><blockquote>到目前为止，股价已从上周的低点大幅反弹。让我们仔细看看图表，看看损害是什么。</blockquote></p><p> <b>Trading AMD</b></p><p><blockquote><b>交易AMD</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1746940036301b9d0299b9304312180\" tg-width=\"1070\" tg-height=\"736\"><span>Daily chart of AMD stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD股票日线图。</span></p></blockquote></p><p> Earlier in the year, AMD looked set to test $100 and potentially break out over this mark.</p><p><blockquote>今年早些时候，AMD看起来将测试100美元，并有可能突破这一关口。</blockquote></p><p> Instead, it kept finding sellers on each rally, even as the $87 level was acting as support along with the 100-day moving average.</p><p><blockquote>相反，它在每次反弹中不断找到卖家，即使87美元水平与100日移动平均线一起充当支撑。</blockquote></p><p> Ultimately these levels failed as support, with shares flushing down to the 200-day moving average.</p><p><blockquote>最终，这些水平未能作为支撑，股价跌至200日移动平均线。</blockquote></p><p> It wasn’t necessarily wrong for investors to expect the 200-day moving average to be support. However, with rising interest rates driving the narrative, tech stocks were under heavy pressure.</p><p><blockquote>投资者预期200日移动平均线是支撑位并不一定是错误的。然而，随着利率上升推动这一说法，科技股面临沉重压力。</blockquote></p><p> Once this level failed for AMD, it looked dicey. That is, unless you were looking at multiple timeframes.</p><p><blockquote>一旦AMD的这一水平失败，它看起来就很冒险。也就是说，除非你在看多个时间框架。</blockquote></p><p> AMD stock traded down perfectly to range support near $74, as well as the 50-week moving average. It bounced from this level on Friday March 5th and closed at it on Monday March 8th. Since then, it’s been enjoying a strong rally.</p><p><blockquote>AMD股价完美下跌至74美元附近的区间支撑位以及50周移动平均线。它于3月5日星期五从该水平反弹，并于3月8日星期一收于该水平。从那时起，它一直在享受强劲的反弹。</blockquote></p><p> From here, we have to see how the stock handles its 100-day moving average and the $87 level. These prior measures were support. If they are reclaimed, they can again act as support.</p><p><blockquote>从这里开始，我们必须看看该股如何处理其100日移动平均线和87美元水平。这些先前的措施得到了支持。如果它们被回收，它们可以再次充当支撑。</blockquote></p><p> However, if they are resistance, AMD stock may need more time to consolidate.</p><p><blockquote>然而，如果它们是阻力，AMD股票可能需要更多时间来盘整。</blockquote></p><p> On the downside, let’s see if shares can stay above the 200-day moving average. If the stock can do so, it’s likely a buyable dip. Below it puts the 50-week moving average in play.</p><p><blockquote>下行方面，让我们看看股价能否保持在200日均线之上。如果该股能够做到这一点，那么它可能是一个可买入的下跌。低于它的是50周移动平均线。</blockquote></p><p> Even though I don't know if $78 or $88 is next, I like AMD stock for the long term. It has too many catalysts to ignore.</p><p><blockquote>尽管我不知道下一个是78美元还是88美元，但从长远来看，我喜欢AMD股票。它有太多不容忽视的催化剂。</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>AMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</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\">\nAMD Is a Stock to Buy on the Dip - Here’s Why<blockquote>AMD是一只值得逢低买入的股票——原因如下</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-03-16 09:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Like other tech stocks, Advanced Micro Devices&nbsp;(<b>AMD</b>) hasn't fared too well lately.</p><p><blockquote>与其他科技股一样，Advanced Micro Devices(<b>AMD</b>）最近过得不太好。</blockquote></p><p> Although it’s held up better than some of its high-growth peers, AMD hasn’t been immune to the decline in tech stocks.</p><p><blockquote>尽管AMD的表现优于一些高增长同行，但它也未能幸免于科技股下跌的影响。</blockquote></p><p> While&nbsp;higher interest rates have been the blame, the entire tech space has been struggling. Shares of AMD fell 25.5% from peak to their recent trough, which is about in-line with Nvidia’s&nbsp;(<b>NVDA</b>) &nbsp;recent slide.</p><p><blockquote>尽管利率上升是罪魁祸首，但整个科技领域一直在苦苦挣扎。AMD股价从峰值下跌25.5%至近期低点，与Nvidia的股价大致一致（<b>NVDA</b>）最近的幻灯片。</blockquote></p><p> I liked Nvidia on the dip&nbsp;and because both companies have great fundamentals I like AMD on the dip too.</p><p><blockquote>我喜欢下跌的英伟达，因为两家公司都有很好的基本面，我也喜欢下跌的AMD。</blockquote></p><p> So far, shares have been rallying nicely off last week’s low. Let’s take a closer look at the chart to see what the damage is.</p><p><blockquote>到目前为止，股价已从上周的低点大幅反弹。让我们仔细看看图表，看看损害是什么。</blockquote></p><p> <b>Trading AMD</b></p><p><blockquote><b>交易AMD</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1746940036301b9d0299b9304312180\" tg-width=\"1070\" tg-height=\"736\"><span>Daily chart of AMD stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD股票日线图。</span></p></blockquote></p><p> Earlier in the year, AMD looked set to test $100 and potentially break out over this mark.</p><p><blockquote>今年早些时候，AMD看起来将测试100美元，并有可能突破这一关口。</blockquote></p><p> Instead, it kept finding sellers on each rally, even as the $87 level was acting as support along with the 100-day moving average.</p><p><blockquote>相反，它在每次反弹中不断找到卖家，即使87美元水平与100日移动平均线一起充当支撑。</blockquote></p><p> Ultimately these levels failed as support, with shares flushing down to the 200-day moving average.</p><p><blockquote>最终，这些水平未能作为支撑，股价跌至200日移动平均线。</blockquote></p><p> It wasn’t necessarily wrong for investors to expect the 200-day moving average to be support. However, with rising interest rates driving the narrative, tech stocks were under heavy pressure.</p><p><blockquote>投资者预期200日移动平均线是支撑位并不一定是错误的。然而，随着利率上升推动这一说法，科技股面临沉重压力。</blockquote></p><p> Once this level failed for AMD, it looked dicey. That is, unless you were looking at multiple timeframes.</p><p><blockquote>一旦AMD的这一水平失败，它看起来就很冒险。也就是说，除非你在看多个时间框架。</blockquote></p><p> AMD stock traded down perfectly to range support near $74, as well as the 50-week moving average. It bounced from this level on Friday March 5th and closed at it on Monday March 8th. Since then, it’s been enjoying a strong rally.</p><p><blockquote>AMD股价完美下跌至74美元附近的区间支撑位以及50周移动平均线。它于3月5日星期五从该水平反弹，并于3月8日星期一收于该水平。从那时起，它一直在享受强劲的反弹。</blockquote></p><p> From here, we have to see how the stock handles its 100-day moving average and the $87 level. These prior measures were support. If they are reclaimed, they can again act as support.</p><p><blockquote>从这里开始，我们必须看看该股如何处理其100日移动平均线和87美元水平。这些先前的措施得到了支持。如果它们被回收，它们可以再次充当支撑。</blockquote></p><p> However, if they are resistance, AMD stock may need more time to consolidate.</p><p><blockquote>然而，如果它们是阻力，AMD股票可能需要更多时间来盘整。</blockquote></p><p> On the downside, let’s see if shares can stay above the 200-day moving average. If the stock can do so, it’s likely a buyable dip. Below it puts the 50-week moving average in play.</p><p><blockquote>下行方面，让我们看看股价能否保持在200日均线之上。如果该股能够做到这一点，那么它可能是一个可买入的下跌。低于它的是50周移动平均线。</blockquote></p><p> Even though I don't know if $78 or $88 is next, I like AMD stock for the long term. It has too many catalysts to ignore.</p><p><blockquote>尽管我不知道下一个是78美元还是88美元，但从长远来看，我喜欢AMD股票。它有太多不容忽视的催化剂。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/advanced-micro-devices-amd-stock-buy-the-dip-trading\">TheStreet</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":{"AMD":"美国超微公司"},"source_url":"https://www.thestreet.com/investing/advanced-micro-devices-amd-stock-buy-the-dip-trading","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130810138","content_text":"Like other tech stocks, Advanced Micro Devices (AMD) hasn't fared too well lately.\nAlthough it’s held up better than some of its high-growth peers, AMD hasn’t been immune to the decline in tech stocks.\nWhile higher interest rates have been the blame, the entire tech space has been struggling. Shares of AMD fell 25.5% from peak to their recent trough, which is about in-line with Nvidia’s (NVDA)  recent slide.\nI liked Nvidia on the dip and because both companies have great fundamentals I like AMD on the dip too.\nSo far, shares have been rallying nicely off last week’s low. Let’s take a closer look at the chart to see what the damage is.\nTrading AMD\nDaily chart of AMD stock.\nEarlier in the year, AMD looked set to test $100 and potentially break out over this mark.\nInstead, it kept finding sellers on each rally, even as the $87 level was acting as support along with the 100-day moving average.\nUltimately these levels failed as support, with shares flushing down to the 200-day moving average.\nIt wasn’t necessarily wrong for investors to expect the 200-day moving average to be support. However, with rising interest rates driving the narrative, tech stocks were under heavy pressure.\nOnce this level failed for AMD, it looked dicey. That is, unless you were looking at multiple timeframes.\nAMD stock traded down perfectly to range support near $74, as well as the 50-week moving average. It bounced from this level on Friday March 5th and closed at it on Monday March 8th. Since then, it’s been enjoying a strong rally.\nFrom here, we have to see how the stock handles its 100-day moving average and the $87 level. These prior measures were support. If they are reclaimed, they can again act as support.\nHowever, if they are resistance, AMD stock may need more time to consolidate.\nOn the downside, let’s see if shares can stay above the 200-day moving average. If the stock can do so, it’s likely a buyable dip. Below it puts the 50-week moving average in play.\nEven though I don't know if $78 or $88 is next, I like AMD stock for the long term. It has too many catalysts to ignore.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":2934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326554473,"gmtCreate":1615689827392,"gmtModify":1703492098898,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Cmon Tesla!","listText":"Cmon Tesla!","text":"Cmon Tesla!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326554473","repostId":"1100128328","repostType":4,"repost":{"id":"1100128328","kind":"news","pubTimestamp":1615563404,"share":"https://www.laohu8.com/m/news/1100128328?lang=zh_CN&edition=full","pubTime":"2021-03-12 23:36","market":"us","language":"en","title":"Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100128328","media":"Barrons","summary":"Stock inTesla is lower after CNBC reported that the electric-vehicle company had a firein its Fremon","content":"<p>Stock inTesla&nbsp;is lower after CNBC reported that the&nbsp;electric-vehicle&nbsp;company&nbsp;had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.</p><p><blockquote>CNBC报道电动汽车公司特斯拉在加利福尼亚州弗里蒙特发生火灾后，该公司股价走低。植物，但大火可能不是下降的原因。</blockquote></p><p>Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.</p><p><blockquote>对于任何制造商来说，火灾只是一个正常但不幸的操作问题。特斯拉（股票代码：TSLA）没有立即回应有关火灾或火灾可能造成的损失的置评请求。</blockquote></p><p>President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.</p><p><blockquote>总统乔·拜登可能对股价下跌负有责任，该股在盘前交易中下跌约2.7%，至约680美元。对于特斯拉股东来说，这是疯狂的一周。本周初股价约为675美元，交易价格高于700美元，跌至约560美元，然后反弹，周四上涨4.7%，至略低于700美元。</blockquote></p><p>Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.</p><p><blockquote>特斯拉所做的一切似乎都不是最近波动的原因。一切都与利率有关。</blockquote></p><p>That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.</p><p><blockquote>这就是总统发挥作用的地方。周四晚上，他向全国发表讲话，重点是在世界卫生组织宣布疫情已经开始一年后，将新冠肺炎(Covid-19)抛在脑后。</blockquote></p><p>“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.</p><p><blockquote>总统说：“所有成年美国人都有资格在5月1日之前接种疫苗。”他补充说，联邦政府正在建立数百个疫苗接种点，并采购数百万剂疫苗。</blockquote></p><p>It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.</p><p><blockquote>这是个好消息，但周五早上市场正在抛售。对于股票来说，这次讲话几乎代表了太多的好事。经济正在重新开放，因此债券收益率正在上升，给高增长股票带来压力。</blockquote></p><p>Futures on the&nbsp;Nasdaq Composite&nbsp;Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.</p><p><blockquote>拥有许多飙升的科技股的纳斯达克综合指数期货下跌1.6%。另一方面，道琼斯工业平均指数期货持平。</blockquote></p><p>Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.</p><p><blockquote>较高的收益率对估值高、快速增长的公司的伤害比其他公司更大，原因有几个。第一，它们使融资增长更加昂贵。第二，高增长公司预计将在未来产生大部分现金。与利率低时相比，利率高时现金的价值较低。在利率较高的环境下，投资者如今有更多赚取利息的选择，这给高增长股票的估值带来压力。</blockquote></p><p>A Friday dip, however,doesn’t mean the end&nbsp;of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.</p><p><blockquote>然而，周五的下跌并不意味着特斯拉、电动汽车股票或纳斯达克牛市的结束。让经济重新站稳脚跟是件好事。投资者只是需要一个机会来适应不断变化的环境。</blockquote></p><p>“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.</p><p><blockquote>拜登说：“你、你的家人和朋友很有可能能够在你的后院或附近聚会，野餐……庆祝独立日。”这是个好消息。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-12 23:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stock inTesla&nbsp;is lower after CNBC reported that the&nbsp;electric-vehicle&nbsp;company&nbsp;had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.</p><p><blockquote>CNBC报道电动汽车公司特斯拉在加利福尼亚州弗里蒙特发生火灾后，该公司股价走低。植物，但大火可能不是下降的原因。</blockquote></p><p>Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.</p><p><blockquote>对于任何制造商来说，火灾只是一个正常但不幸的操作问题。特斯拉（股票代码：TSLA）没有立即回应有关火灾或火灾可能造成的损失的置评请求。</blockquote></p><p>President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.</p><p><blockquote>总统乔·拜登可能对股价下跌负有责任，该股在盘前交易中下跌约2.7%，至约680美元。对于特斯拉股东来说，这是疯狂的一周。本周初股价约为675美元，交易价格高于700美元，跌至约560美元，然后反弹，周四上涨4.7%，至略低于700美元。</blockquote></p><p>Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.</p><p><blockquote>特斯拉所做的一切似乎都不是最近波动的原因。一切都与利率有关。</blockquote></p><p>That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.</p><p><blockquote>这就是总统发挥作用的地方。周四晚上，他向全国发表讲话，重点是在世界卫生组织宣布疫情已经开始一年后，将新冠肺炎(Covid-19)抛在脑后。</blockquote></p><p>“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.</p><p><blockquote>总统说：“所有成年美国人都有资格在5月1日之前接种疫苗。”他补充说，联邦政府正在建立数百个疫苗接种点，并采购数百万剂疫苗。</blockquote></p><p>It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.</p><p><blockquote>这是个好消息，但周五早上市场正在抛售。对于股票来说，这次讲话几乎代表了太多的好事。经济正在重新开放，因此债券收益率正在上升，给高增长股票带来压力。</blockquote></p><p>Futures on the&nbsp;Nasdaq Composite&nbsp;Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.</p><p><blockquote>拥有许多飙升的科技股的纳斯达克综合指数期货下跌1.6%。另一方面，道琼斯工业平均指数期货持平。</blockquote></p><p>Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.</p><p><blockquote>较高的收益率对估值高、快速增长的公司的伤害比其他公司更大，原因有几个。第一，它们使融资增长更加昂贵。第二，高增长公司预计将在未来产生大部分现金。与利率低时相比，利率高时现金的价值较低。在利率较高的环境下，投资者如今有更多赚取利息的选择，这给高增长股票的估值带来压力。</blockquote></p><p>A Friday dip, however,doesn’t mean the end&nbsp;of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.</p><p><blockquote>然而，周五的下跌并不意味着特斯拉、电动汽车股票或纳斯达克牛市的结束。让经济重新站稳脚跟是件好事。投资者只是需要一个机会来适应不断变化的环境。</blockquote></p><p>“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.</p><p><blockquote>拜登说：“你、你的家人和朋友很有可能能够在你的后院或附近聚会，野餐……庆祝独立日。”这是个好消息。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-is-down-you-could-blame-joe-biden-51615557806?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-is-down-you-could-blame-joe-biden-51615557806?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100128328","content_text":"Stock inTesla is lower after CNBC reported that the electric-vehicle company had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.Futures on the Nasdaq Composite Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.A Friday dip, however,doesn’t mean the end of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":871885611,"gmtCreate":1637052021744,"gmtModify":1637052024174,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576973686770601","idStr":"3576973686770601"},"themes":[],"htmlText":"Boomer talk. The only meme is this article in20 years time","listText":"Boomer talk. The only meme is this article in20 years time","text":"Boomer talk. The only meme is this article in20 years time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871885611","repostId":"1160740007","repostType":2,"isVote":1,"tweetType":1,"viewCount":3092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}