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2021-04-20

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2021-07-05

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Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>

2021-07-01

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The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500取得了自互联网泡沫以来第二好的上半年成绩。接下来会发生什么。</blockquote>

2021-06-29

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2021-07-08

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2021-05-14

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2021-05-25

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2021-05-08

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S&P 500, Dow hit record highs as weak jobs data eases rate worries<blockquote>疲软的就业数据缓解了利率担忧，标普500和道指创下历史新高</blockquote>

2021-12-23

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Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>

2021-06-18

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2021-05-26

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2021-05-16

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Why AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote>

2021-12-13

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Taper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</blockquote>

2021-09-29

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

2021-06-02

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Zoom Video to Report Q1 Earnings: What's in the Cards?<blockquote>Zoom Video将报告第一季度收益：前景如何？</blockquote>

2021-05-19

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4 Things to Know Ahead of the Squarespace’s Direct Listing<blockquote>Squarespace直接上市前需要了解的4件事</blockquote>

2021-05-11

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2021-12-19

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2021-09-11

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Why Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote>

2021-06-23

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08:39","market":"us","language":"en","title":"These 3 Indicators May Predict How the Stock Market Performs in 2022: Analyst<blockquote>分析师：这3个指标可能预测2022年股市的表现</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157924593","media":"finance.yahoo","summary":"Christmas may be over, but for investors, the gifts may have only just begun.\nThe \"Santa Claus Rally","content":"<p>Christmas may be over, but for investors, the gifts may have only just begun.</p><p><blockquote>圣诞节可能已经结束，但对于投资者来说，礼物可能才刚刚开始。</blockquote></p><p> The \"Santa Claus Rally\" looks to send 2021 off on a high note for the stock market. The S&amp;P 500 (^GSPC) set a record high for the second consecutive day on Tuesday,subsequently falling&nbsp;a bit in light of a small midday tech stock sell-off.</p><p><blockquote>“圣诞老人集会”看起来会让2021年成为股市的高潮。标普500(^GSPC)周二连续第二天创下历史新高，随后因午盘科技股小幅抛售而小幅下跌。</blockquote></p><p> <b>‘Ho, ho ho’, stocks on the rise?</b></p><p><blockquote><b>“嗬，嗬嗬”，股票在上涨？</b></blockquote></p><p> The last five trading days of the year and the first two trading days of the next year together are often the biggest week of the year for the market. The 1.2% average growth in the S&amp;P 500 over the period since 1945 is the largest of any seven-day period.</p><p><blockquote>一年的最后五个交易日和下一年的前两个交易日加在一起，往往是市场一年中最大的一周。自1945年以来，标普500 1.2%的平均增长率是任何七天期间最大的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c54ea712b8fce648fa682efa965a15a\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\"><span>A trader wears a Santa hat as he works on the floor of the New York Stock Exchange the day before Christmas in New York December 24, 2015. REUTERS/Lucas Jackson</span></p><p><blockquote><p class=\"t-img-caption\"><span>2015年12月24日，圣诞节前一天，纽约，一名交易员戴着圣诞帽在纽约证券交易所工作。路透社/卢卡斯·杰克逊</span></p></blockquote></p><p> Why do these days perform so well historically?Animal spirits, as the 20th century economist John Maynard Keynes might put it, have a lot to do with the Santa Clause Rally.</p><p><blockquote>为什么这些日子在历史上表现如此出色？正如20世纪经济学家约翰·梅纳德·凯恩斯可能会说的那样，动物精神与圣诞老人集会有很大关系。</blockquote></p><p> “It's [the result of] sentiment,” said Sam Stovall, chief investment strategist at CFRA Research, on the causes of the rally. “Because [investors know that] if the market does well in the month of January, then it usually does well for the full year. But if we find that a lot of money has flowed into the markets, right off the bat, then the indication is that it's likely to be a very good year.”</p><p><blockquote>CFRA Research首席投资策略师Sam Stovall在谈到上涨原因时表示：“这是情绪的结果。”“因为（投资者知道）如果市场在一月份表现良好，那么全年通常都会表现良好。但如果我们发现大量资金立即流入市场，那么有迹象表明今年可能是非常好的一年。”</blockquote></p><p> Investors anticipate that the period is coming, and that equity prices are about to rise, so they are more likely to invest money to earn higher returns, Stovall explained.</p><p><blockquote>斯托瓦尔解释说，投资者预计这一时期即将到来，股价即将上涨，因此他们更有可能投资以获得更高的回报。</blockquote></p><p> Though the sentiments behind the Santa Clause Rally may appear to be begging-the-question, there is nothing mythical about its results.</p><p><blockquote>尽管圣诞老人集会背后的情绪似乎是在回避问题，但其结果并没有什么神秘之处。</blockquote></p><p> According to a recent research note published by Stovall, years following a Santa Claus Rally period with a price increase, experienced an S&amp;P 500 growth rate of 10.3%, higher than the average rate of 9.2% (since 1945).</p><p><blockquote>根据Stovall最近发布的一份研究报告，在价格上涨的圣诞老人反弹期之后的几年里，标普500增长率为10.3%，高于9.2%的平均增长率（自1945年以来）。</blockquote></p><p> <b>January Barometers</b></p><p><blockquote><b>一月晴雨表</b></blockquote></p><p> Two other barometers exist for investors eager to predict the outlook for 2022’s market, both of them involving market performance during the month of January, Stovall wrote. The first five days of January are a great indicator for the rest of the month’s performance.</p><p><blockquote>斯托瓦尔写道，对于渴望预测2022年市场前景的投资者来说，还有另外两个晴雨表，这两个晴雨表都涉及1月份的市场表现。一月的前五天是该月剩余时间表现的一个很好的指标。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/99e3e7627b845414da42f555bc4db069\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\"><span>A screen displays a stock update on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 28, 2021. REUTERS/Andrew Kelly</span></p><p><blockquote><p class=\"t-img-caption\"><span>2021年12月28日，美国纽约市曼哈顿的纽约证券交易所(NYSE)交易大厅，屏幕显示股票更新。路透社/安德鲁·凯利</span></p></blockquote></p><p> “The first five days offer an early warning signal as to how the market will likely perform during the entire month,” Stovall wrote in the CFRA report. “And it has done so with impressive accuracy, being correct two out of every three years for both up and down signals. What’s more, a positive showing for the equity market during the first five days of January improved the likelihood of an annual price increase by 12.8%, as well as an improvement in the FoA to 82%.”</p><p><blockquote>斯托瓦尔在CFRA报告中写道：“前五天为市场整个月的表现提供了早期预警信号。”“而且它的准确性令人印象深刻，每三年就有两次上涨和下跌信号是正确的。更重要的是，1月份前五天股市的积极表现提高了年度价格上涨的可能性12.8%，FoA提高至82%。”</blockquote></p><p> And as the old Wall Street adage goes, ‘So goes January, so goes the year.’ The third indicator, which Stovall dubbed “the January Barometer,” draws a correlation between the performance of the market in January and the succeeding 11 months.</p><p><blockquote>正如华尔街的一句老话所说，“一月如此，一年也如此。”第三个指标被斯托瓦尔称为“一月晴雨表”，它将1月份的市场表现与随后11个月的表现联系起来。</blockquote></p><p> “Should the S&amp;P 500 go on to record a positive performance in the entire month of January, it has historically enhanced the possibility of a positive full-year performance, as the average annual price gain rose to 15.9% and the FoA (Frequency of Advance) increased to 87%,” the report noted.</p><p><blockquote>“如果标普500在整个1月份继续录得积极表现，那么从历史上看，全年表现积极的可能性就会增强，因为年均价格涨幅升至15.9%，FoA（提前频率）增加到87%，”报告指出。</blockquote></p><p> The biggest conclusion investors should draw from the barometers is that there is significant enough data to presume a causal relationship between the late December/January market performance and the larger year’s performance, Stovall said.</p><p><blockquote>斯托瓦尔表示，投资者应该从晴雨表中得出的最大结论是，有足够重要的数据可以假设12月下旬/1月的市场表现与全年表现之间存在因果关系。</blockquote></p><p> “Not all of the year’s price gains were concentrated in the first month of the year, as a rise for the S&amp;P 500 in January was followed by an average 11.3% climb for the remaining 11 months of the year, with the market posting an 11-month FoA 83% of the time,” he wrote in the report.</p><p><blockquote>“并非今年的所有价格上涨都集中在今年的第一个月，因为1月份标普500上涨后，今年剩余11个月平均上涨11.3%，市场公布了11个月的FoA 83%的时间，”他在报告中写道。</blockquote></p><p> Though January’s gains appear to set the standard for the rest of the year by setting investor attitudes and expectations, Stovall stressed that these indicators are not guarantees.</p><p><blockquote>尽管1月份的涨幅似乎通过设定投资者的态度和预期为今年剩余时间设定了标准，但斯托瓦尔强调，这些指标并不是保证。</blockquote></p><p> “Investors should always view history as a great guide, but never gospel,” he said. Past performance “gives a pretty strong hint of what might happen, but certainly no guarantee.”</p><p><blockquote>“投资者应该始终将历史视为伟大的指南，但绝不是福音，”他说。过去的表现“很强烈地暗示了可能发生的事情，但肯定不能保证。”</blockquote></p><p> In 2022, the market will likely encounter challenges from the ongoing COVID pandemic as well as high inflation and the Federal Reserve’s attempts to control it.</p><p><blockquote>2022年，市场可能会遇到持续的新冠疫情以及高通胀和美联储控制通胀的努力的挑战。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8c6b1ff968cfd5507f8c17566398310\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\"><span>NEW YORK, USA - DECEMBER 28: A man is getting a Covid-19 test at a Covid-19 testing center next to the Queens Hospital Center as hundreds of residents line up to get Covid-19 test in Queens of New York, United States on December 28, 2021 as Omicron rises around the country. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)More</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国纽约——12月28日：2021年12月28日，美国纽约皇后区，一名男子正在皇后区医院中心旁边的新冠肺炎检测中心接受新冠肺炎检测，数百名居民排队接受新冠肺炎检测，全国奥密克戎加剧。（摄影：Tayfun Coskun/Anadolu Agency，盖蒂图片社）更多</span></p></blockquote></p><p> “When you think about some of the headwinds that could upset the track record of these different barometers, should they all be triggered,” Stovall said, adding the next COVID variant should be a top concern.</p><p><blockquote>斯托瓦尔说：“当你想到一些可能扰乱这些不同晴雨表记录的不利因素时，如果它们都被触发的话。”他补充说，下一个新冠病毒变种应该是最令人担忧的。</blockquote></p><p> The Omicron variant has been the latest strain of the coronavirus to spread throughout&nbsp;all 50 U.S. states. Though recent research suggests that Omicron cases are&nbsp;less severe&nbsp;than previous strains of the virus, it is highly transmissible and has already had an effect on consumer demand insome industries&nbsp;while some remain relatively&nbsp;unaffected.</p><p><blockquote>奥密克戎变种是在美国所有50个州传播的最新冠状病毒株。尽管最近的研究表明，奥密克戎病例没有以前的病毒株严重，但它具有高度传染性，已经对一些行业的消费者需求产生了影响，而另一些行业则相对未受影响。</blockquote></p><p> Secondly, the Federal Reserve has made it clear that it intends to raise interest rates in response to high inflation. Many economists expect these rate hikes to begin sometime next year.</p><p><blockquote>其次，美联储明确表示有意加息以应对高通胀。许多经济学家预计这些加息将在明年某个时候开始。</blockquote></p><p> “That's a concern because if the Fed is too aggressive raising rates, that could throw the market into a tailspin,” Stovall said. “Also, historically, we have seen PE multiple contraction in a rising interest rate environment.”</p><p><blockquote>斯托瓦尔表示：“这令人担忧，因为如果美联储过于激进地加息，可能会让市场陷入混乱。”“此外，从历史上看，我们在利率上升的环境下看到PE倍数收缩。”</blockquote></p><p></p>","source":"lsy1612507957220","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>These 3 Indicators May Predict How the Stock Market Performs in 2022: Analyst<blockquote>分析师：这3个指标可能预测2022年股市的表现</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\">\nThese 3 Indicators May Predict How the Stock Market Performs in 2022: Analyst<blockquote>分析师：这3个指标可能预测2022年股市的表现</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-12-29 08:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Christmas may be over, but for investors, the gifts may have only just begun.</p><p><blockquote>圣诞节可能已经结束，但对于投资者来说，礼物可能才刚刚开始。</blockquote></p><p> The \"Santa Claus Rally\" looks to send 2021 off on a high note for the stock market. The S&amp;P 500 (^GSPC) set a record high for the second consecutive day on Tuesday,subsequently falling&nbsp;a bit in light of a small midday tech stock sell-off.</p><p><blockquote>“圣诞老人集会”看起来会让2021年成为股市的高潮。标普500(^GSPC)周二连续第二天创下历史新高，随后因午盘科技股小幅抛售而小幅下跌。</blockquote></p><p> <b>‘Ho, ho ho’, stocks on the rise?</b></p><p><blockquote><b>“嗬，嗬嗬”，股票在上涨？</b></blockquote></p><p> The last five trading days of the year and the first two trading days of the next year together are often the biggest week of the year for the market. The 1.2% average growth in the S&amp;P 500 over the period since 1945 is the largest of any seven-day period.</p><p><blockquote>一年的最后五个交易日和下一年的前两个交易日加在一起，往往是市场一年中最大的一周。自1945年以来，标普500 1.2%的平均增长率是任何七天期间最大的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c54ea712b8fce648fa682efa965a15a\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\"><span>A trader wears a Santa hat as he works on the floor of the New York Stock Exchange the day before Christmas in New York December 24, 2015. REUTERS/Lucas Jackson</span></p><p><blockquote><p class=\"t-img-caption\"><span>2015年12月24日，圣诞节前一天，纽约，一名交易员戴着圣诞帽在纽约证券交易所工作。路透社/卢卡斯·杰克逊</span></p></blockquote></p><p> Why do these days perform so well historically?Animal spirits, as the 20th century economist John Maynard Keynes might put it, have a lot to do with the Santa Clause Rally.</p><p><blockquote>为什么这些日子在历史上表现如此出色？正如20世纪经济学家约翰·梅纳德·凯恩斯可能会说的那样，动物精神与圣诞老人集会有很大关系。</blockquote></p><p> “It's [the result of] sentiment,” said Sam Stovall, chief investment strategist at CFRA Research, on the causes of the rally. “Because [investors know that] if the market does well in the month of January, then it usually does well for the full year. But if we find that a lot of money has flowed into the markets, right off the bat, then the indication is that it's likely to be a very good year.”</p><p><blockquote>CFRA Research首席投资策略师Sam Stovall在谈到上涨原因时表示：“这是情绪的结果。”“因为（投资者知道）如果市场在一月份表现良好，那么全年通常都会表现良好。但如果我们发现大量资金立即流入市场，那么有迹象表明今年可能是非常好的一年。”</blockquote></p><p> Investors anticipate that the period is coming, and that equity prices are about to rise, so they are more likely to invest money to earn higher returns, Stovall explained.</p><p><blockquote>斯托瓦尔解释说，投资者预计这一时期即将到来，股价即将上涨，因此他们更有可能投资以获得更高的回报。</blockquote></p><p> Though the sentiments behind the Santa Clause Rally may appear to be begging-the-question, there is nothing mythical about its results.</p><p><blockquote>尽管圣诞老人集会背后的情绪似乎是在回避问题，但其结果并没有什么神秘之处。</blockquote></p><p> According to a recent research note published by Stovall, years following a Santa Claus Rally period with a price increase, experienced an S&amp;P 500 growth rate of 10.3%, higher than the average rate of 9.2% (since 1945).</p><p><blockquote>根据Stovall最近发布的一份研究报告，在价格上涨的圣诞老人反弹期之后的几年里，标普500增长率为10.3%，高于9.2%的平均增长率（自1945年以来）。</blockquote></p><p> <b>January Barometers</b></p><p><blockquote><b>一月晴雨表</b></blockquote></p><p> Two other barometers exist for investors eager to predict the outlook for 2022’s market, both of them involving market performance during the month of January, Stovall wrote. The first five days of January are a great indicator for the rest of the month’s performance.</p><p><blockquote>斯托瓦尔写道，对于渴望预测2022年市场前景的投资者来说，还有另外两个晴雨表，这两个晴雨表都涉及1月份的市场表现。一月的前五天是该月剩余时间表现的一个很好的指标。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/99e3e7627b845414da42f555bc4db069\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\"><span>A screen displays a stock update on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 28, 2021. REUTERS/Andrew Kelly</span></p><p><blockquote><p class=\"t-img-caption\"><span>2021年12月28日，美国纽约市曼哈顿的纽约证券交易所(NYSE)交易大厅，屏幕显示股票更新。路透社/安德鲁·凯利</span></p></blockquote></p><p> “The first five days offer an early warning signal as to how the market will likely perform during the entire month,” Stovall wrote in the CFRA report. “And it has done so with impressive accuracy, being correct two out of every three years for both up and down signals. What’s more, a positive showing for the equity market during the first five days of January improved the likelihood of an annual price increase by 12.8%, as well as an improvement in the FoA to 82%.”</p><p><blockquote>斯托瓦尔在CFRA报告中写道：“前五天为市场整个月的表现提供了早期预警信号。”“而且它的准确性令人印象深刻，每三年就有两次上涨和下跌信号是正确的。更重要的是，1月份前五天股市的积极表现提高了年度价格上涨的可能性12.8%，FoA提高至82%。”</blockquote></p><p> And as the old Wall Street adage goes, ‘So goes January, so goes the year.’ The third indicator, which Stovall dubbed “the January Barometer,” draws a correlation between the performance of the market in January and the succeeding 11 months.</p><p><blockquote>正如华尔街的一句老话所说，“一月如此，一年也如此。”第三个指标被斯托瓦尔称为“一月晴雨表”，它将1月份的市场表现与随后11个月的表现联系起来。</blockquote></p><p> “Should the S&amp;P 500 go on to record a positive performance in the entire month of January, it has historically enhanced the possibility of a positive full-year performance, as the average annual price gain rose to 15.9% and the FoA (Frequency of Advance) increased to 87%,” the report noted.</p><p><blockquote>“如果标普500在整个1月份继续录得积极表现，那么从历史上看，全年表现积极的可能性就会增强，因为年均价格涨幅升至15.9%，FoA（提前频率）增加到87%，”报告指出。</blockquote></p><p> The biggest conclusion investors should draw from the barometers is that there is significant enough data to presume a causal relationship between the late December/January market performance and the larger year’s performance, Stovall said.</p><p><blockquote>斯托瓦尔表示，投资者应该从晴雨表中得出的最大结论是，有足够重要的数据可以假设12月下旬/1月的市场表现与全年表现之间存在因果关系。</blockquote></p><p> “Not all of the year’s price gains were concentrated in the first month of the year, as a rise for the S&amp;P 500 in January was followed by an average 11.3% climb for the remaining 11 months of the year, with the market posting an 11-month FoA 83% of the time,” he wrote in the report.</p><p><blockquote>“并非今年的所有价格上涨都集中在今年的第一个月，因为1月份标普500上涨后，今年剩余11个月平均上涨11.3%，市场公布了11个月的FoA 83%的时间，”他在报告中写道。</blockquote></p><p> Though January’s gains appear to set the standard for the rest of the year by setting investor attitudes and expectations, Stovall stressed that these indicators are not guarantees.</p><p><blockquote>尽管1月份的涨幅似乎通过设定投资者的态度和预期为今年剩余时间设定了标准，但斯托瓦尔强调，这些指标并不是保证。</blockquote></p><p> “Investors should always view history as a great guide, but never gospel,” he said. Past performance “gives a pretty strong hint of what might happen, but certainly no guarantee.”</p><p><blockquote>“投资者应该始终将历史视为伟大的指南，但绝不是福音，”他说。过去的表现“很强烈地暗示了可能发生的事情，但肯定不能保证。”</blockquote></p><p> In 2022, the market will likely encounter challenges from the ongoing COVID pandemic as well as high inflation and the Federal Reserve’s attempts to control it.</p><p><blockquote>2022年，市场可能会遇到持续的新冠疫情以及高通胀和美联储控制通胀的努力的挑战。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8c6b1ff968cfd5507f8c17566398310\" tg-width=\"705\" tg-height=\"470\" width=\"100%\" height=\"auto\"><span>NEW YORK, USA - DECEMBER 28: A man is getting a Covid-19 test at a Covid-19 testing center next to the Queens Hospital Center as hundreds of residents line up to get Covid-19 test in Queens of New York, United States on December 28, 2021 as Omicron rises around the country. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)More</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国纽约——12月28日：2021年12月28日，美国纽约皇后区，一名男子正在皇后区医院中心旁边的新冠肺炎检测中心接受新冠肺炎检测，数百名居民排队接受新冠肺炎检测，全国奥密克戎加剧。（摄影：Tayfun Coskun/Anadolu Agency，盖蒂图片社）更多</span></p></blockquote></p><p> “When you think about some of the headwinds that could upset the track record of these different barometers, should they all be triggered,” Stovall said, adding the next COVID variant should be a top concern.</p><p><blockquote>斯托瓦尔说：“当你想到一些可能扰乱这些不同晴雨表记录的不利因素时，如果它们都被触发的话。”他补充说，下一个新冠病毒变种应该是最令人担忧的。</blockquote></p><p> The Omicron variant has been the latest strain of the coronavirus to spread throughout&nbsp;all 50 U.S. states. Though recent research suggests that Omicron cases are&nbsp;less severe&nbsp;than previous strains of the virus, it is highly transmissible and has already had an effect on consumer demand insome industries&nbsp;while some remain relatively&nbsp;unaffected.</p><p><blockquote>奥密克戎变种是在美国所有50个州传播的最新冠状病毒株。尽管最近的研究表明，奥密克戎病例没有以前的病毒株严重，但它具有高度传染性，已经对一些行业的消费者需求产生了影响，而另一些行业则相对未受影响。</blockquote></p><p> Secondly, the Federal Reserve has made it clear that it intends to raise interest rates in response to high inflation. Many economists expect these rate hikes to begin sometime next year.</p><p><blockquote>其次，美联储明确表示有意加息以应对高通胀。许多经济学家预计这些加息将在明年某个时候开始。</blockquote></p><p> “That's a concern because if the Fed is too aggressive raising rates, that could throw the market into a tailspin,” Stovall said. “Also, historically, we have seen PE multiple contraction in a rising interest rate environment.”</p><p><blockquote>斯托瓦尔表示：“这令人担忧，因为如果美联储过于激进地加息，可能会让市场陷入混乱。”“此外，从历史上看，我们在利率上升的环境下看到PE倍数收缩。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/these-three-indicators-may-predict-how-the-stock-market-performs-in-2022-analyst-201508279.html\">finance.yahoo</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/these-three-indicators-may-predict-how-the-stock-market-performs-in-2022-analyst-201508279.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157924593","content_text":"Christmas may be over, but for investors, the gifts may have only just begun.\nThe \"Santa Claus Rally\" looks to send 2021 off on a high note for the stock market. The S&P 500 (^GSPC) set a record high for the second consecutive day on Tuesday,subsequently falling a bit in light of a small midday tech stock sell-off.\n‘Ho, ho ho’, stocks on the rise?\nThe last five trading days of the year and the first two trading days of the next year together are often the biggest week of the year for the market. The 1.2% average growth in the S&P 500 over the period since 1945 is the largest of any seven-day period.\nA trader wears a Santa hat as he works on the floor of the New York Stock Exchange the day before Christmas in New York December 24, 2015. REUTERS/Lucas Jackson\nWhy do these days perform so well historically?Animal spirits, as the 20th century economist John Maynard Keynes might put it, have a lot to do with the Santa Clause Rally.\n“It's [the result of] sentiment,” said Sam Stovall, chief investment strategist at CFRA Research, on the causes of the rally. “Because [investors know that] if the market does well in the month of January, then it usually does well for the full year. But if we find that a lot of money has flowed into the markets, right off the bat, then the indication is that it's likely to be a very good year.”\nInvestors anticipate that the period is coming, and that equity prices are about to rise, so they are more likely to invest money to earn higher returns, Stovall explained.\nThough the sentiments behind the Santa Clause Rally may appear to be begging-the-question, there is nothing mythical about its results.\nAccording to a recent research note published by Stovall, years following a Santa Claus Rally period with a price increase, experienced an S&P 500 growth rate of 10.3%, higher than the average rate of 9.2% (since 1945).\nJanuary Barometers\nTwo other barometers exist for investors eager to predict the outlook for 2022’s market, both of them involving market performance during the month of January, Stovall wrote. The first five days of January are a great indicator for the rest of the month’s performance.\nA screen displays a stock update on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 28, 2021. REUTERS/Andrew Kelly\n“The first five days offer an early warning signal as to how the market will likely perform during the entire month,” Stovall wrote in the CFRA report. “And it has done so with impressive accuracy, being correct two out of every three years for both up and down signals. What’s more, a positive showing for the equity market during the first five days of January improved the likelihood of an annual price increase by 12.8%, as well as an improvement in the FoA to 82%.”\nAnd as the old Wall Street adage goes, ‘So goes January, so goes the year.’ The third indicator, which Stovall dubbed “the January Barometer,” draws a correlation between the performance of the market in January and the succeeding 11 months.\n“Should the S&P 500 go on to record a positive performance in the entire month of January, it has historically enhanced the possibility of a positive full-year performance, as the average annual price gain rose to 15.9% and the FoA (Frequency of Advance) increased to 87%,” the report noted.\nThe biggest conclusion investors should draw from the barometers is that there is significant enough data to presume a causal relationship between the late December/January market performance and the larger year’s performance, Stovall said.\n“Not all of the year’s price gains were concentrated in the first month of the year, as a rise for the S&P 500 in January was followed by an average 11.3% climb for the remaining 11 months of the year, with the market posting an 11-month FoA 83% of the time,” he wrote in the report.\nThough January’s gains appear to set the standard for the rest of the year by setting investor attitudes and expectations, Stovall stressed that these indicators are not guarantees.\n“Investors should always view history as a great guide, but never gospel,” he said. Past performance “gives a pretty strong hint of what might happen, but certainly no guarantee.”\nIn 2022, the market will likely encounter challenges from the ongoing COVID pandemic as well as high inflation and the Federal Reserve’s attempts to control it.\nNEW YORK, USA - DECEMBER 28: A man is getting a Covid-19 test at a Covid-19 testing center next to the Queens Hospital Center as hundreds of residents line up to get Covid-19 test in Queens of New York, United States on December 28, 2021 as Omicron rises around the country. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)More\n“When you think about some of the headwinds that could upset the track record of these different barometers, should they all be triggered,” Stovall said, adding the next COVID variant should be a top concern.\nThe Omicron variant has been the latest strain of the coronavirus to spread throughout all 50 U.S. states. Though recent research suggests that Omicron cases are less severe than previous strains of the virus, it is highly transmissible and has already had an effect on consumer demand insome industries while some remain relatively unaffected.\nSecondly, the Federal Reserve has made it clear that it intends to raise interest rates in response to high inflation. Many economists expect these rate hikes to begin sometime next year.\n“That's a concern because if the Fed is too aggressive raising rates, that could throw the market into a tailspin,” Stovall said. “Also, historically, we have seen PE multiple contraction in a rising interest rate environment.”","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696656798,"gmtCreate":1640689318434,"gmtModify":1640689363451,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696656798","repostId":"2194610717","repostType":4,"isVote":1,"tweetType":1,"viewCount":3221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696942268,"gmtCreate":1640610355358,"gmtModify":1640610355458,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696942268","repostId":"1185167492","repostType":4,"repost":{"id":"1185167492","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640609888,"share":"https://www.laohu8.com/m/news/1185167492?lang=zh_CN&edition=full","pubTime":"2021-12-27 20:58","market":"us","language":"en","title":"Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185167492","media":"Tiger Newspress","summary":"U.S. stock index futures inched higher on Monday, boosted by megacap companies, while hundreds of Om","content":"<p>U.S. stock index futures inched higher on Monday, boosted by megacap companies, while hundreds of Omicron-driven flight cancellations kept investors on edge at the start of this year's final trading week.</p><p><blockquote>在大型企业的提振下，美国股指期货周一小幅走高，而数百起奥密克戎导致的航班取消事件让投资者在今年最后一个交易周开始时感到紧张。</blockquote></p><p> Travel-related stocks, typically sensitive to news around the coronavirus, slid after U.S. airlines called off many flights for a third day on Sunday as surging COVID-19 cases forced Christmas weekend travelers to change plans.</p><p><blockquote>由于COVID-19病例激增迫使圣诞节周末旅行者改变计划，美国航空公司周日连续第三天取消了许多航班，通常对冠状病毒新闻敏感的旅游相关股票下跌。</blockquote></p><p> The S&amp;P 500 closed at a record high on Thursday, as upbeat news related to the Omicron coronavirus variant calmed investor nerves over the highly infection strain's economic impact after it upended markets earlier this month.</p><p><blockquote>标普500周四收于历史新高，与Omicron冠状病毒变种相关的乐观消息安抚了投资者对这种高传染性菌株在本月早些时候颠覆市场后对经济影响的紧张情绪。</blockquote></p><p> Wall Street's three main indexes are eyeing a third straight yearly gain, with the benchmark S&amp;P 500 (.SPX) on track to close out the year 25.8% higher. The Dow is set to rise 17.5%, while the Nasdaq is looking at a 21.4% climb.</p><p><blockquote>华尔街三大主要股指有望连续第三年上涨，基准标普500(.SPX)今年收盘有望上涨25.8%。道琼斯指数预计上涨17.5%，而纳斯达克预计上涨21.4%。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 72 points, or 0.20% and S&amp;P 500 e-minis were up 15.50 points, or 0.33%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨72点，涨幅0.20%，标普500电子迷你指数上涨15.50点，涨幅0.33%。</blockquote></p><p> Nasdaq 100 e-minis were up 70.00 points, or 0.43% as megacap companies Tesla Inc (TSLA.O) and Microsoft Corp (MSFT.O) and Meta Platform (FB.O) firmed between 0.5% and 1%.Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines (UAL) slid 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL) was down 1% and Southwest (LUV) declined 1.5%.</p><p><blockquote>纳斯达克100 e-mini上涨70.00点，即0.43%，大型企业特斯拉公司(TSLA.O)和微软公司(MSFT.O)和Meta Platform(FB.O)坚挺0.5%至1%。航空股——由于人员配备问题，周末取消航班激增，主要航空公司的股价在盘前下跌。联合航空(UAL)下跌1.8%，美国航空(AAL)下跌1.4%，达美航空(DAL)下跌1%，西南航空(LUV)下跌1.5%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/09541de8c4bcd965c62dbe3f6b7f6bc5\" tg-width=\"649\" tg-height=\"205\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> <b>Stocks making the biggest moves premarket</b></p><p><blockquote><b>盘前涨幅最大的股票</b></blockquote></p><p> Cruise line stocks – Stocks of major cruise lines declined in premarket trading following three Covid-19 outbreaks in the past week on ships operated by Carnival (CCL) and Royal Caribbean (RCL). Carnival slid 2.2% in the premarket, while Royal Caribbean lost 1.9% and Norwegian Cruise Line Holdings (NCLH) slid 1.6%.</p><p><blockquote>邮轮公司股票——嘉年华(CCL)和皇家加勒比(RCL)运营的船舶上周爆发三次Covid-19疫情后，主要邮轮公司的股票在盘前交易中下跌。嘉年华盘前下跌2.2%，皇家加勒比下跌1.9%，挪威邮轮控股(NCLH)下跌1.6%。</blockquote></p><p> Grab（GRAB）–&nbsp;Grab stock climbed more than 7% in premarket trading&nbsp;as&nbsp;Wall Street saw massive upside for Asian tech giant Grab, after disappointing debut.</p><p><blockquote>Grab(GRAB)-Grab股价在盘前交易中上涨超过7%，华尔街认为亚洲科技巨头Grab在首次亮相令人失望后有巨大上涨空间。</blockquote></p><p> GoDaddy (GDDY) – GoDaddy jumped 3.9% in premarket action after the Wall Street Journal reported that activist investor Starboard Value had taken a 6.5% stake in the internet domain name registration company.</p><p><blockquote>GoDaddy(GDDY)——《华尔街日报》报道激进投资者Starboard Value持有互联网域名注册公司6.5%的股份后，GoDaddy在盘前股价上涨3.9%。</blockquote></p><p> Apple (AAPL) – Apple was cited by the top competition regulator in the Netherlands, which said the company broke competition laws, and ordered changes to Apple’s App Store payment policies. Apple said it would appeal the ruling.</p><p><blockquote>苹果（AAPL）——荷兰最高竞争监管机构援引苹果的话说，该公司违反了竞争法，并下令改变苹果的应用商店支付政策。苹果表示将对裁决提出上诉。</blockquote></p><p> Cigna (CI) – The insurer will reaffirm its 2021 and 2022 earnings guidance at its upcoming investor meetings, according to an SEC filing. Cigna expected 2021 adjusted earnings of at least $20.35 per share and sees projected growth of at least 10% for 2022.</p><p><blockquote>Cigna(CI)——根据SEC提交的文件，该保险公司将在即将举行的投资者会议上重申其2021年和2022年的盈利指引。Cigna预计2021年调整后每股收益至少为20.35美元，预计2022年增长至少10%。</blockquote></p><p> Moderna (MRNA) – The drugmaker is fighting a shareholder proposal that the company open up its vaccine technology to poorer countries, according to a report in the Financial Times. The proposal calls on Moderna to explain why its prices are so high in light of the amount of government financial support it has received. Moderna fell 2% in the premarket.</p><p><blockquote>Moderna(MRNA)——据英国《金融时报》报道，该制药商正在反对股东向较贫穷国家开放其疫苗技术的提议。该提案要求评级Moderna解释为什么鉴于其获得的政府财政支持金额，其价格如此之高。Moderna盘前下跌2%。</blockquote></p><p> Avis Budget (CAR) – The car rental firm’s shares jumped 2.6% in premarket trading, following a 3.2% gain Thursday. Average daily rental rates are at $81 per day, according to travel firm Kayak. That’s up 31% from a year ago.</p><p><blockquote>Avis Budget(CAR)——这家汽车租赁公司的股价继周四上涨3.2%后，在盘前交易中上涨2.6%。根据旅游公司Kayak的数据，平均日租金为每天81美元。这比一年前增长了31%。</blockquote></p><p> Didi Global (DIDI) – Didi fell 1.3% in the premarket after the Financial Times reported that the China-based ride-hailing company is blocking employees from selling the shares for an indefinite period. That follows the company’s move to delist in the United States.</p><p><blockquote>滴滴出行(DIDI)——英国《金融时报》报道称，这家总部位于中国的网约车公司正在无限期阻止员工出售股票，滴滴出行盘前下跌1.3%。此前，该公司已在美国退市。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Monday<blockquote>周一美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-27 20:58</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures inched higher on Monday, boosted by megacap companies, while hundreds of Omicron-driven flight cancellations kept investors on edge at the start of this year's final trading week.</p><p><blockquote>在大型企业的提振下，美国股指期货周一小幅走高，而数百起奥密克戎导致的航班取消事件让投资者在今年最后一个交易周开始时感到紧张。</blockquote></p><p> Travel-related stocks, typically sensitive to news around the coronavirus, slid after U.S. airlines called off many flights for a third day on Sunday as surging COVID-19 cases forced Christmas weekend travelers to change plans.</p><p><blockquote>由于COVID-19病例激增迫使圣诞节周末旅行者改变计划，美国航空公司周日连续第三天取消了许多航班，通常对冠状病毒新闻敏感的旅游相关股票下跌。</blockquote></p><p> The S&amp;P 500 closed at a record high on Thursday, as upbeat news related to the Omicron coronavirus variant calmed investor nerves over the highly infection strain's economic impact after it upended markets earlier this month.</p><p><blockquote>标普500周四收于历史新高，与Omicron冠状病毒变种相关的乐观消息安抚了投资者对这种高传染性菌株在本月早些时候颠覆市场后对经济影响的紧张情绪。</blockquote></p><p> Wall Street's three main indexes are eyeing a third straight yearly gain, with the benchmark S&amp;P 500 (.SPX) on track to close out the year 25.8% higher. The Dow is set to rise 17.5%, while the Nasdaq is looking at a 21.4% climb.</p><p><blockquote>华尔街三大主要股指有望连续第三年上涨，基准标普500(.SPX)今年收盘有望上涨25.8%。道琼斯指数预计上涨17.5%，而纳斯达克预计上涨21.4%。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 72 points, or 0.20% and S&amp;P 500 e-minis were up 15.50 points, or 0.33%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨72点，涨幅0.20%，标普500电子迷你指数上涨15.50点，涨幅0.33%。</blockquote></p><p> Nasdaq 100 e-minis were up 70.00 points, or 0.43% as megacap companies Tesla Inc (TSLA.O) and Microsoft Corp (MSFT.O) and Meta Platform (FB.O) firmed between 0.5% and 1%.Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines (UAL) slid 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL) was down 1% and Southwest (LUV) declined 1.5%.</p><p><blockquote>纳斯达克100 e-mini上涨70.00点，即0.43%，大型企业特斯拉公司(TSLA.O)和微软公司(MSFT.O)和Meta Platform(FB.O)坚挺0.5%至1%。航空股——由于人员配备问题，周末取消航班激增，主要航空公司的股价在盘前下跌。联合航空(UAL)下跌1.8%，美国航空(AAL)下跌1.4%，达美航空(DAL)下跌1%，西南航空(LUV)下跌1.5%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/09541de8c4bcd965c62dbe3f6b7f6bc5\" tg-width=\"649\" tg-height=\"205\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> <b>Stocks making the biggest moves premarket</b></p><p><blockquote><b>盘前涨幅最大的股票</b></blockquote></p><p> Cruise line stocks – Stocks of major cruise lines declined in premarket trading following three Covid-19 outbreaks in the past week on ships operated by Carnival (CCL) and Royal Caribbean (RCL). Carnival slid 2.2% in the premarket, while Royal Caribbean lost 1.9% and Norwegian Cruise Line Holdings (NCLH) slid 1.6%.</p><p><blockquote>邮轮公司股票——嘉年华(CCL)和皇家加勒比(RCL)运营的船舶上周爆发三次Covid-19疫情后，主要邮轮公司的股票在盘前交易中下跌。嘉年华盘前下跌2.2%，皇家加勒比下跌1.9%，挪威邮轮控股(NCLH)下跌1.6%。</blockquote></p><p> Grab（GRAB）–&nbsp;Grab stock climbed more than 7% in premarket trading&nbsp;as&nbsp;Wall Street saw massive upside for Asian tech giant Grab, after disappointing debut.</p><p><blockquote>Grab(GRAB)-Grab股价在盘前交易中上涨超过7%，华尔街认为亚洲科技巨头Grab在首次亮相令人失望后有巨大上涨空间。</blockquote></p><p> GoDaddy (GDDY) – GoDaddy jumped 3.9% in premarket action after the Wall Street Journal reported that activist investor Starboard Value had taken a 6.5% stake in the internet domain name registration company.</p><p><blockquote>GoDaddy(GDDY)——《华尔街日报》报道激进投资者Starboard Value持有互联网域名注册公司6.5%的股份后，GoDaddy在盘前股价上涨3.9%。</blockquote></p><p> Apple (AAPL) – Apple was cited by the top competition regulator in the Netherlands, which said the company broke competition laws, and ordered changes to Apple’s App Store payment policies. Apple said it would appeal the ruling.</p><p><blockquote>苹果（AAPL）——荷兰最高竞争监管机构援引苹果的话说，该公司违反了竞争法，并下令改变苹果的应用商店支付政策。苹果表示将对裁决提出上诉。</blockquote></p><p> Cigna (CI) – The insurer will reaffirm its 2021 and 2022 earnings guidance at its upcoming investor meetings, according to an SEC filing. Cigna expected 2021 adjusted earnings of at least $20.35 per share and sees projected growth of at least 10% for 2022.</p><p><blockquote>Cigna(CI)——根据SEC提交的文件，该保险公司将在即将举行的投资者会议上重申其2021年和2022年的盈利指引。Cigna预计2021年调整后每股收益至少为20.35美元，预计2022年增长至少10%。</blockquote></p><p> Moderna (MRNA) – The drugmaker is fighting a shareholder proposal that the company open up its vaccine technology to poorer countries, according to a report in the Financial Times. The proposal calls on Moderna to explain why its prices are so high in light of the amount of government financial support it has received. Moderna fell 2% in the premarket.</p><p><blockquote>Moderna(MRNA)——据英国《金融时报》报道，该制药商正在反对股东向较贫穷国家开放其疫苗技术的提议。该提案要求评级Moderna解释为什么鉴于其获得的政府财政支持金额，其价格如此之高。Moderna盘前下跌2%。</blockquote></p><p> Avis Budget (CAR) – The car rental firm’s shares jumped 2.6% in premarket trading, following a 3.2% gain Thursday. Average daily rental rates are at $81 per day, according to travel firm Kayak. That’s up 31% from a year ago.</p><p><blockquote>Avis Budget(CAR)——这家汽车租赁公司的股价继周四上涨3.2%后，在盘前交易中上涨2.6%。根据旅游公司Kayak的数据，平均日租金为每天81美元。这比一年前增长了31%。</blockquote></p><p> Didi Global (DIDI) – Didi fell 1.3% in the premarket after the Financial Times reported that the China-based ride-hailing company is blocking employees from selling the shares for an indefinite period. That follows the company’s move to delist in the United States.</p><p><blockquote>滴滴出行(DIDI)——英国《金融时报》报道称，这家总部位于中国的网约车公司正在无限期阻止员工出售股票，滴滴出行盘前下跌1.3%。此前，该公司已在美国退市。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185167492","content_text":"U.S. stock index futures inched higher on Monday, boosted by megacap companies, while hundreds of Omicron-driven flight cancellations kept investors on edge at the start of this year's final trading week.\nTravel-related stocks, typically sensitive to news around the coronavirus, slid after U.S. airlines called off many flights for a third day on Sunday as surging COVID-19 cases forced Christmas weekend travelers to change plans.\nThe S&P 500 closed at a record high on Thursday, as upbeat news related to the Omicron coronavirus variant calmed investor nerves over the highly infection strain's economic impact after it upended markets earlier this month.\nWall Street's three main indexes are eyeing a third straight yearly gain, with the benchmark S&P 500 (.SPX) on track to close out the year 25.8% higher. The Dow is set to rise 17.5%, while the Nasdaq is looking at a 21.4% climb.\nAt 8:00 a.m. ET, Dow e-minis were up 72 points, or 0.20% and S&P 500 e-minis were up 15.50 points, or 0.33%.\nNasdaq 100 e-minis were up 70.00 points, or 0.43% as megacap companies Tesla Inc (TSLA.O) and Microsoft Corp (MSFT.O) and Meta Platform (FB.O) firmed between 0.5% and 1%.Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines (UAL) slid 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL) was down 1% and Southwest (LUV) declined 1.5%.\n*Source From Tiger Trade, EST 08:00\nStocks making the biggest moves premarket\nCruise line stocks – Stocks of major cruise lines declined in premarket trading following three Covid-19 outbreaks in the past week on ships operated by Carnival (CCL) and Royal Caribbean (RCL). Carnival slid 2.2% in the premarket, while Royal Caribbean lost 1.9% and Norwegian Cruise Line Holdings (NCLH) slid 1.6%.\nGrab（GRAB）– Grab stock climbed more than 7% in premarket trading as Wall Street saw massive upside for Asian tech giant Grab, after disappointing debut.\nGoDaddy (GDDY) – GoDaddy jumped 3.9% in premarket action after the Wall Street Journal reported that activist investor Starboard Value had taken a 6.5% stake in the internet domain name registration company.\n\nApple (AAPL) – Apple was cited by the top competition regulator in the Netherlands, which said the company broke competition laws, and ordered changes to Apple’s App Store payment policies. Apple said it would appeal the ruling.\n\nCigna (CI) – The insurer will reaffirm its 2021 and 2022 earnings guidance at its upcoming investor meetings, according to an SEC filing. Cigna expected 2021 adjusted earnings of at least $20.35 per share and sees projected growth of at least 10% for 2022.\n\nModerna (MRNA) – The drugmaker is fighting a shareholder proposal that the company open up its vaccine technology to poorer countries, according to a report in the Financial Times. The proposal calls on Moderna to explain why its prices are so high in light of the amount of government financial support it has received. Moderna fell 2% in the premarket.\n\nAvis Budget (CAR) – The car rental firm’s shares jumped 2.6% in premarket trading, following a 3.2% gain Thursday. Average daily rental rates are at $81 per day, according to travel firm Kayak. That’s up 31% from a year ago.\n\nDidi Global (DIDI) – Didi fell 1.3% in the premarket after the Financial Times reported that the China-based ride-hailing company is blocking employees from selling the shares for an indefinite period. That follows the company’s move to delist in the United States.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698906072,"gmtCreate":1640271237633,"gmtModify":1640271237710,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698906072","repostId":"1177863167","repostType":4,"repost":{"id":"1177863167","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640270946,"share":"https://www.laohu8.com/m/news/1177863167?lang=zh_CN&edition=full","pubTime":"2021-12-23 22:49","market":"us","language":"en","title":"Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177863167","media":"Tiger Newspress","summary":"Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 b","content":"<p>Tencent&nbsp;ADR&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/5c64eef1168fcdac16b6cdfe487310c5\" tg-width=\"707\" tg-height=\"595\" width=\"100%\" height=\"auto\">Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).</p><p><blockquote>腾讯控股ADR早盘涨超4%。腾讯控股周四表示，将把价值1276.9亿港元（合163.7亿美元）的京东股份转让给股东，将其在这家中国第二大电子商务公司的持股比例从目前的17%左右削减至2.3%，并失去京东最大股东的地位。沃尔玛（WMT.N）。</blockquote></p><p> The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.</p><p><blockquote>2014年首次投资京东的微信所有者表示，鉴于这家电子商务公司已经达到了可以自筹资金增长的阶段，现在是撤资的最佳时机。</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>Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</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\">\nTencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-23 22:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tencent&nbsp;ADR&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/5c64eef1168fcdac16b6cdfe487310c5\" tg-width=\"707\" tg-height=\"595\" width=\"100%\" height=\"auto\">Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).</p><p><blockquote>腾讯控股ADR早盘涨超4%。腾讯控股周四表示，将把价值1276.9亿港元（合163.7亿美元）的京东股份转让给股东，将其在这家中国第二大电子商务公司的持股比例从目前的17%左右削减至2.3%，并失去京东最大股东的地位。沃尔玛（WMT.N）。</blockquote></p><p> The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.</p><p><blockquote>2014年首次投资京东的微信所有者表示，鉴于这家电子商务公司已经达到了可以自筹资金增长的阶段，现在是撤资的最佳时机。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","TCEHY":"腾讯控股ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177863167","content_text":"Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).\nThe owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.","news_type":1,"symbols_score_info":{"TCEHY":0.9,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":2423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691985311,"gmtCreate":1640125986981,"gmtModify":1640126022488,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691985311","repostId":"1198919837","repostType":4,"repost":{"id":"1198919837","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1640098127,"share":"https://www.laohu8.com/m/news/1198919837?lang=zh_CN&edition=full","pubTime":"2021-12-21 22:48","market":"us","language":"en","title":"Amgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198919837","media":"Benzinga","summary":"The FDA has approved Amgen Inc's Otezla (apremilast) to treat adult patients with plaque psoriasis w","content":"<p>The&nbsp;FDA has approved&nbsp;<b>Amgen Inc's</b>&nbsp;Otezla (apremilast) to treat adult patients with plaque psoriasis who are candidates for phototherapy or systemic therapy.</p><p><blockquote>FDA已批准<b>安进公司</b>Otezla（apremilast）治疗适合光疗或全身治疗的斑块型银屑病成年患者。</blockquote></p><p> <ul>  <li>With this expanded indication, Otezla is now the first and only oral treatment approved in adult patients with plaque psoriasis across all severities, including mild, moderate, and severe.</li>  <li>The FDA approval is based on Phase 3 ADVANCE trial data. Five times as many adults receiving oral Otezla 30 achieved the primary endpoint of Static Physician's Global Assessment response at week 16 compared to placebo (21.6% versus 4.1%).</li>  <li>Otezla is approved for three indications in the U.S.</li>  <li><b>Price Action:</b>&nbsp;AMGN shares closed at $219.99 on Monday.</li> </ul></p><p><blockquote><ul><li>随着这一扩大适应症，Otezla现在是第一个也是唯一一个被批准用于所有严重程度（包括轻度、中度和重度）斑块型银屑病成人患者的口服治疗方法。</li><li>FDA的批准是基于3期先期试验数据。与安慰剂相比，接受口服Otezla 30的成人在第16周达到静态医生总体评估反应的主要终点的人数是安慰剂的五倍（21.6%对4.1%）。</li><li>Otezla在美国被批准用于三种适应症。</li><li><b>价格走势：</b>AMGN股价周一收于219.99美元。</li></ul></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>Amgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</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\">\nAmgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-12-21 22:48</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>The&nbsp;FDA has approved&nbsp;<b>Amgen Inc's</b>&nbsp;Otezla (apremilast) to treat adult patients with plaque psoriasis who are candidates for phototherapy or systemic therapy.</p><p><blockquote>FDA已批准<b>安进公司</b>Otezla（apremilast）治疗适合光疗或全身治疗的斑块型银屑病成年患者。</blockquote></p><p> <ul>  <li>With this expanded indication, Otezla is now the first and only oral treatment approved in adult patients with plaque psoriasis across all severities, including mild, moderate, and severe.</li>  <li>The FDA approval is based on Phase 3 ADVANCE trial data. Five times as many adults receiving oral Otezla 30 achieved the primary endpoint of Static Physician's Global Assessment response at week 16 compared to placebo (21.6% versus 4.1%).</li>  <li>Otezla is approved for three indications in the U.S.</li>  <li><b>Price Action:</b>&nbsp;AMGN shares closed at $219.99 on Monday.</li> </ul></p><p><blockquote><ul><li>随着这一扩大适应症，Otezla现在是第一个也是唯一一个被批准用于所有严重程度（包括轻度、中度和重度）斑块型银屑病成人患者的口服治疗方法。</li><li>FDA的批准是基于3期先期试验数据。与安慰剂相比，接受口服Otezla 30的成人在第16周达到静态医生总体评估反应的主要终点的人数是安慰剂的五倍（21.6%对4.1%）。</li><li>Otezla在美国被批准用于三种适应症。</li><li><b>价格走势：</b>AMGN股价周一收于219.99美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMGN":"安进"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198919837","content_text":"The FDA has approved Amgen Inc's Otezla (apremilast) to treat adult patients with plaque psoriasis who are candidates for phototherapy or systemic therapy.\n\nWith this expanded indication, Otezla is now the first and only oral treatment approved in adult patients with plaque psoriasis across all severities, including mild, moderate, and severe.\nThe FDA approval is based on Phase 3 ADVANCE trial data. Five times as many adults receiving oral Otezla 30 achieved the primary endpoint of Static Physician's Global Assessment response at week 16 compared to placebo (21.6% versus 4.1%).\nOtezla is approved for three indications in the U.S.\nPrice Action: AMGN shares closed at $219.99 on Monday.","news_type":1,"symbols_score_info":{"AMGN":0.9}},"isVote":1,"tweetType":1,"viewCount":2855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699741032,"gmtCreate":1639911447414,"gmtModify":1639911447498,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Test","listText":"Test","text":"Test","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/699741032","repostId":"2192035909","repostType":4,"isVote":1,"tweetType":1,"viewCount":3768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699341695,"gmtCreate":1639752339922,"gmtModify":1639752629684,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699341695","repostId":"2192997802","repostType":4,"isVote":1,"tweetType":1,"viewCount":2607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690177008,"gmtCreate":1639650842823,"gmtModify":1639650842951,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/690177008","repostId":"1184616731","repostType":4,"repost":{"id":"1184616731","kind":"news","pubTimestamp":1639650290,"share":"https://www.laohu8.com/m/news/1184616731?lang=zh_CN&edition=full","pubTime":"2021-12-16 18:24","market":"us","language":"en","title":"Stocks Set to Extend Gains Ahead of More Central Bank Decisions<blockquote>在央行做出更多决定之前，股市将扩大涨幅</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184616731","media":"WSJ","summary":"Stocks were poised to extend gains ahead of policy decisions by the European Central Bank and Bank o","content":"<p>Stocks were poised to extend gains ahead of policy decisions by the European Central Bank and Bank of England, which follow the Federal Reserve’s pivot toward higher interest rates.</p><p><blockquote>在美联储转向加息之后，欧洲央行和英国央行做出政策决定之前，股市有望扩大涨幅。</blockquote></p><p> Futures for the S&amp;P 500 rose 0.5% Thursday, a day after the broad stocks gauge closed at its second-highest level on record. Contracts for the Dow Jones Industrial Average added 0.4% and Nasdaq-100 futures climbed 0.6%, pointing to a strong start to the session for technology stocks.</p><p><blockquote>标普500期货周四上涨0.5%，此前一天，广泛的股市指数收于有记录以来的第二高水平。道琼斯工业平均指数合约上涨0.4%，纳斯达克100指数期货上涨0.6%，表明科技股开盘强劲。</blockquote></p><p> Brent-crude futures, the benchmark in international oil markets, rose 0.9% to $74.51 a barrel. Yields on 10-year Treasury notes ticked down to 1.451% Thursday from 1.460% Wednesday. Yields move in the opposite direction to bond prices and barely moved in response to the Fed’s shift to tighten monetary policy.</p><p><blockquote>国际石油市场基准布伦特原油期货上涨0.9%，至每桶74.51美元。10年期国债收益率从周三的1.460%降至周四的1.451%。收益率的走势与债券价格相反，几乎没有因美联储收紧货币政策的转变而变动。</blockquote></p><p> Stocks rallied when the central bank completed that pivot Wednesday, approving plans to end a program of asset purchases by March and penciling in three rate rises in 2022. Investors said the change of stance—ending months in which the Fed said higher inflation would fade—removed the risk of runaway growth in consumer prices.</p><p><blockquote>周三，央行完成这一转变，批准了在3月份之前结束资产购买计划并预计在2022年加息三次的计划，股市上涨。投资者表示，立场的改变——结束了美联储表示通胀上升将消退的几个月——消除了消费者价格失控增长的风险。</blockquote></p><p> “There’s a goldilocks interpretation,” said Edward Park, chief investment officer at Brooks Macdonald, referring to a situation in which the Fed tames inflation but doesn’t push rates high enough to kill the economic recovery.</p><p><blockquote>布鲁克斯·麦克唐纳(Brooks Macdonald)首席投资官爱德华·帕克(Edward Park)表示：“有一种金发姑娘的解释。”他指的是美联储抑制通胀，但不会将利率推高到足以扼杀经济复苏的程度。</blockquote></p><p> Mr. Park said stocks are likely to keep rising through to year end. “You have people saying, you know, it’s painful being in fixed income or cash.”</p><p><blockquote>朴先生表示，股市可能会持续上涨直至年底。“有人说，你知道，持有固定收益或现金是很痛苦的。”</blockquote></p><p> European stock markets followed Wall Street higher Thursday. The pan-continental Stoxx Europe 600 rose 1.4%, led by tech, energy, travel and leisure stocks.</p><p><blockquote>欧洲股市周四跟随华尔街走高。泛大陆斯托克欧洲600指数上涨1.4%，科技、能源、旅游和休闲股领涨。</blockquote></p><p> Turkey’s currency crisis deepened ahead of a potential interest-rate cut by the central bank, which has come under pressure from President Recep Tayyip Erdogan to lower borrowing costs. The lira weakened 2.5% to trade at 15.18 per dollar.</p><p><blockquote>在土耳其央行可能降息之前，土耳其的货币危机加深，土耳其总统雷杰普·塔伊普·埃尔多安要求降低借贷成本的压力下。里拉下跌2.5%，至1美元兑15.18里拉。</blockquote></p><p> Like the U.S., the eurozone and the U.K. are experiencing their highest inflation in years. Central banks there are also contending with waves of coronavirus infections that complicate the outlook for consumer prices and economic growth.</p><p><blockquote>与美国一样，欧元区和英国也在经历多年来最高的通胀。那里的央行还在应对一波又一波的冠状病毒感染，这些感染使消费者价格和经济增长前景变得复杂。</blockquote></p><p> The Bank of England, which will publish its decision at 7 a.m. ET, was until recently expected to raise interest rates Thursday. However, a jump in Covid-19 cases driven by the Omicron variant might encourage the central bank to keep policy on hold, Mr. Park said. The pound rose 0.2% to $1.3293 before the decision.</p><p><blockquote>英国央行将于美国东部时间上午7点公布决定，直到最近人们还预计将于周四加息。然而，朴先生表示，奥密克戎变种导致的Covid-19病例激增可能会鼓励央行维持政策不变。在决定之前，英镑上涨0.2%至1.3293美元。</blockquote></p><p> The European Central Bank, meanwhile, is expected to signal that it will continue buying bonds for some time, and that it won’t increase interest rates next year. The central bank is due to publish its decision at 7:45 a.m. The euro traded 0.2% higher at $1.1316.</p><p><blockquote>与此同时，预计欧洲央行将表示将在一段时间内继续购买债券，并且明年不会加息。央行将于上午7:45公布决定。欧元兑美元上涨0.2%，至1.1316美元。</blockquote></p><p> Investors will parse surveys of purchasing managers in the U.S. and Europe for evidence of the extent to which rising coronavirus cases have knocked economic growth. The reports—due at 9:45 a.m. for the U.S.—are expected to show factory output is growing, though at a slower pace than in November.</p><p><blockquote>投资者将分析对美国和欧洲采购经理的调查，以寻找冠状病毒病例上升对经济增长打击程度的证据。美国将于上午9点45分发布的报告预计将显示工厂产出正在增长，但增速低于11月份。</blockquote></p><p> In individual European stock moves, Novartis rose 4.3% after the Swiss pharmaceutical firm said it would use the proceeds from the recent sale of its stake in Roche to buy back up to $15 billion of its shares. Food-delivery firms Just Eat Takeaway.com and Delivery Hero both rose more than 5%. Électricité de France dropped 11% after the French utility cut earnings forecasts to reflect the safety-related outages at nuclear-power plants.</p><p><blockquote>在欧洲个股走势中，诺华上涨4.3%，此前这家瑞士制药公司表示，将利用最近出售罗氏股份的收益回购最多150亿美元的股票。食品配送公司Just Eat Takeaway.com和Delivery Hero均上涨超过5%。法国电力公司下调盈利预测以反映核电站与安全相关的停电，股价下跌11%。</blockquote></p><p> In Asia, Japan’s Nikkei 225 gained 2.1%, the Shanghai Composite Index rose 0.8% and Hong Kong’s Hang Seng added 0.2%.</p><p><blockquote>在亚洲，日本日经225指数上涨2.1%，上证综合指数上涨0.8%，香港恒生指数上涨0.2%。</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>Stocks Set to Extend Gains Ahead of More Central Bank Decisions<blockquote>在央行做出更多决定之前，股市将扩大涨幅</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\">\nStocks Set to Extend Gains Ahead of More Central Bank Decisions<blockquote>在央行做出更多决定之前，股市将扩大涨幅</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">WSJ</strong><span class=\"h-time small\">2021-12-16 18:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stocks were poised to extend gains ahead of policy decisions by the European Central Bank and Bank of England, which follow the Federal Reserve’s pivot toward higher interest rates.</p><p><blockquote>在美联储转向加息之后，欧洲央行和英国央行做出政策决定之前，股市有望扩大涨幅。</blockquote></p><p> Futures for the S&amp;P 500 rose 0.5% Thursday, a day after the broad stocks gauge closed at its second-highest level on record. Contracts for the Dow Jones Industrial Average added 0.4% and Nasdaq-100 futures climbed 0.6%, pointing to a strong start to the session for technology stocks.</p><p><blockquote>标普500期货周四上涨0.5%，此前一天，广泛的股市指数收于有记录以来的第二高水平。道琼斯工业平均指数合约上涨0.4%，纳斯达克100指数期货上涨0.6%，表明科技股开盘强劲。</blockquote></p><p> Brent-crude futures, the benchmark in international oil markets, rose 0.9% to $74.51 a barrel. Yields on 10-year Treasury notes ticked down to 1.451% Thursday from 1.460% Wednesday. Yields move in the opposite direction to bond prices and barely moved in response to the Fed’s shift to tighten monetary policy.</p><p><blockquote>国际石油市场基准布伦特原油期货上涨0.9%，至每桶74.51美元。10年期国债收益率从周三的1.460%降至周四的1.451%。收益率的走势与债券价格相反，几乎没有因美联储收紧货币政策的转变而变动。</blockquote></p><p> Stocks rallied when the central bank completed that pivot Wednesday, approving plans to end a program of asset purchases by March and penciling in three rate rises in 2022. Investors said the change of stance—ending months in which the Fed said higher inflation would fade—removed the risk of runaway growth in consumer prices.</p><p><blockquote>周三，央行完成这一转变，批准了在3月份之前结束资产购买计划并预计在2022年加息三次的计划，股市上涨。投资者表示，立场的改变——结束了美联储表示通胀上升将消退的几个月——消除了消费者价格失控增长的风险。</blockquote></p><p> “There’s a goldilocks interpretation,” said Edward Park, chief investment officer at Brooks Macdonald, referring to a situation in which the Fed tames inflation but doesn’t push rates high enough to kill the economic recovery.</p><p><blockquote>布鲁克斯·麦克唐纳(Brooks Macdonald)首席投资官爱德华·帕克(Edward Park)表示：“有一种金发姑娘的解释。”他指的是美联储抑制通胀，但不会将利率推高到足以扼杀经济复苏的程度。</blockquote></p><p> Mr. Park said stocks are likely to keep rising through to year end. “You have people saying, you know, it’s painful being in fixed income or cash.”</p><p><blockquote>朴先生表示，股市可能会持续上涨直至年底。“有人说，你知道，持有固定收益或现金是很痛苦的。”</blockquote></p><p> European stock markets followed Wall Street higher Thursday. The pan-continental Stoxx Europe 600 rose 1.4%, led by tech, energy, travel and leisure stocks.</p><p><blockquote>欧洲股市周四跟随华尔街走高。泛大陆斯托克欧洲600指数上涨1.4%，科技、能源、旅游和休闲股领涨。</blockquote></p><p> Turkey’s currency crisis deepened ahead of a potential interest-rate cut by the central bank, which has come under pressure from President Recep Tayyip Erdogan to lower borrowing costs. The lira weakened 2.5% to trade at 15.18 per dollar.</p><p><blockquote>在土耳其央行可能降息之前，土耳其的货币危机加深，土耳其总统雷杰普·塔伊普·埃尔多安要求降低借贷成本的压力下。里拉下跌2.5%，至1美元兑15.18里拉。</blockquote></p><p> Like the U.S., the eurozone and the U.K. are experiencing their highest inflation in years. Central banks there are also contending with waves of coronavirus infections that complicate the outlook for consumer prices and economic growth.</p><p><blockquote>与美国一样，欧元区和英国也在经历多年来最高的通胀。那里的央行还在应对一波又一波的冠状病毒感染，这些感染使消费者价格和经济增长前景变得复杂。</blockquote></p><p> The Bank of England, which will publish its decision at 7 a.m. ET, was until recently expected to raise interest rates Thursday. However, a jump in Covid-19 cases driven by the Omicron variant might encourage the central bank to keep policy on hold, Mr. Park said. The pound rose 0.2% to $1.3293 before the decision.</p><p><blockquote>英国央行将于美国东部时间上午7点公布决定，直到最近人们还预计将于周四加息。然而，朴先生表示，奥密克戎变种导致的Covid-19病例激增可能会鼓励央行维持政策不变。在决定之前，英镑上涨0.2%至1.3293美元。</blockquote></p><p> The European Central Bank, meanwhile, is expected to signal that it will continue buying bonds for some time, and that it won’t increase interest rates next year. The central bank is due to publish its decision at 7:45 a.m. The euro traded 0.2% higher at $1.1316.</p><p><blockquote>与此同时，预计欧洲央行将表示将在一段时间内继续购买债券，并且明年不会加息。央行将于上午7:45公布决定。欧元兑美元上涨0.2%，至1.1316美元。</blockquote></p><p> Investors will parse surveys of purchasing managers in the U.S. and Europe for evidence of the extent to which rising coronavirus cases have knocked economic growth. The reports—due at 9:45 a.m. for the U.S.—are expected to show factory output is growing, though at a slower pace than in November.</p><p><blockquote>投资者将分析对美国和欧洲采购经理的调查，以寻找冠状病毒病例上升对经济增长打击程度的证据。美国将于上午9点45分发布的报告预计将显示工厂产出正在增长，但增速低于11月份。</blockquote></p><p> In individual European stock moves, Novartis rose 4.3% after the Swiss pharmaceutical firm said it would use the proceeds from the recent sale of its stake in Roche to buy back up to $15 billion of its shares. Food-delivery firms Just Eat Takeaway.com and Delivery Hero both rose more than 5%. Électricité de France dropped 11% after the French utility cut earnings forecasts to reflect the safety-related outages at nuclear-power plants.</p><p><blockquote>在欧洲个股走势中，诺华上涨4.3%，此前这家瑞士制药公司表示，将利用最近出售罗氏股份的收益回购最多150亿美元的股票。食品配送公司Just Eat Takeaway.com和Delivery Hero均上涨超过5%。法国电力公司下调盈利预测以反映核电站与安全相关的停电，股价下跌11%。</blockquote></p><p> In Asia, Japan’s Nikkei 225 gained 2.1%, the Shanghai Composite Index rose 0.8% and Hong Kong’s Hang Seng added 0.2%.</p><p><blockquote>在亚洲，日本日经225指数上涨2.1%，上证综合指数上涨0.8%，香港恒生指数上涨0.2%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-16-2021-11639643633?mod=hp_lead_pos1\">WSJ</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":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-12-16-2021-11639643633?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184616731","content_text":"Stocks were poised to extend gains ahead of policy decisions by the European Central Bank and Bank of England, which follow the Federal Reserve’s pivot toward higher interest rates.\nFutures for the S&P 500 rose 0.5% Thursday, a day after the broad stocks gauge closed at its second-highest level on record. Contracts for the Dow Jones Industrial Average added 0.4% and Nasdaq-100 futures climbed 0.6%, pointing to a strong start to the session for technology stocks.\nBrent-crude futures, the benchmark in international oil markets, rose 0.9% to $74.51 a barrel. Yields on 10-year Treasury notes ticked down to 1.451% Thursday from 1.460% Wednesday. Yields move in the opposite direction to bond prices and barely moved in response to the Fed’s shift to tighten monetary policy.\nStocks rallied when the central bank completed that pivot Wednesday, approving plans to end a program of asset purchases by March and penciling in three rate rises in 2022. Investors said the change of stance—ending months in which the Fed said higher inflation would fade—removed the risk of runaway growth in consumer prices.\n“There’s a goldilocks interpretation,” said Edward Park, chief investment officer at Brooks Macdonald, referring to a situation in which the Fed tames inflation but doesn’t push rates high enough to kill the economic recovery.\nMr. Park said stocks are likely to keep rising through to year end. “You have people saying, you know, it’s painful being in fixed income or cash.”\nEuropean stock markets followed Wall Street higher Thursday. The pan-continental Stoxx Europe 600 rose 1.4%, led by tech, energy, travel and leisure stocks.\nTurkey’s currency crisis deepened ahead of a potential interest-rate cut by the central bank, which has come under pressure from President Recep Tayyip Erdogan to lower borrowing costs. The lira weakened 2.5% to trade at 15.18 per dollar.\nLike the U.S., the eurozone and the U.K. are experiencing their highest inflation in years. Central banks there are also contending with waves of coronavirus infections that complicate the outlook for consumer prices and economic growth.\nThe Bank of England, which will publish its decision at 7 a.m. ET, was until recently expected to raise interest rates Thursday. However, a jump in Covid-19 cases driven by the Omicron variant might encourage the central bank to keep policy on hold, Mr. Park said. The pound rose 0.2% to $1.3293 before the decision.\nThe European Central Bank, meanwhile, is expected to signal that it will continue buying bonds for some time, and that it won’t increase interest rates next year. The central bank is due to publish its decision at 7:45 a.m. The euro traded 0.2% higher at $1.1316.\nInvestors will parse surveys of purchasing managers in the U.S. and Europe for evidence of the extent to which rising coronavirus cases have knocked economic growth. The reports—due at 9:45 a.m. for the U.S.—are expected to show factory output is growing, though at a slower pace than in November.\nIn individual European stock moves, Novartis rose 4.3% after the Swiss pharmaceutical firm said it would use the proceeds from the recent sale of its stake in Roche to buy back up to $15 billion of its shares. Food-delivery firms Just Eat Takeaway.com and Delivery Hero both rose more than 5%. Électricité de France dropped 11% after the French utility cut earnings forecasts to reflect the safety-related outages at nuclear-power plants.\nIn Asia, Japan’s Nikkei 225 gained 2.1%, the Shanghai Composite Index rose 0.8% and Hong Kong’s Hang Seng added 0.2%.","news_type":1,"symbols_score_info":{"YMmain":0.9,".SPX":0.9,"CLmain":0.9,"NQmain":0.9,"BZmain":0.9,".IXIC":0.9,"ESmain":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607805191,"gmtCreate":1639521531337,"gmtModify":1639521531424,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607805191","repostId":"2191937155","repostType":4,"isVote":1,"tweetType":1,"viewCount":2840,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604341968,"gmtCreate":1639354721573,"gmtModify":1639354721699,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604341968","repostId":"1155743884","repostType":4,"repost":{"id":"1155743884","kind":"news","pubTimestamp":1639353588,"share":"https://www.laohu8.com/m/news/1155743884?lang=zh_CN&edition=full","pubTime":"2021-12-13 07:59","market":"us","language":"en","title":"Taper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155743884","media":"seekingalpha","summary":"Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicke","content":"<p> Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicken its pace to taper asset purchases, setting the stage for an earlier rate increase when the central banks' policymakers meet on Tuesday and Wednesday.</p><p><blockquote>上周的消费者通胀数据强化了美联储将加快缩减资产购买步伐的说法，为央行政策制定者周二和周三开会时提前加息奠定了基础。</blockquote></p><p> Investors will also gain insight on the central bankers' expectations for when rates will rise with the release of the \"Summary of Economic Projections,\" especially the closely watched \"dot-plot.\"</p><p><blockquote>随着“经济预测摘要”的发布，尤其是备受关注的“点阵图”，投资者还将深入了解央行官员对何时加息的预期。</blockquote></p><p> Expect to see a change in timing for winding down its purchases of Treasurys and mortgage-backed securities. At their November meeting, the Fed said it planned to reduce purchases by $15B per month, setting a pace to end the purchases in mid-2022.</p><p><blockquote>预计逐步减少购买美国国债和抵押贷款支持证券的时间会发生变化。在11月的会议上，美联储表示计划每月减少15B美元的购买，为2022年中期结束购买设定了步伐。</blockquote></p><p> Fed Chair Jerome Powell has already said it's time to talk about speeding up the taper by a few months. \"At this point, the economy is very strong\" and inflation is elevated, he said at his testimony in Congress on Nov. 30.</p><p><blockquote>美联储主席杰罗姆·鲍威尔已经表示，是时候讨论将缩减规模加快几个月了。他11月30日在国会作证时表示，“目前经济非常强劲”，通胀也很高。</blockquote></p><p> Since those comments, the November jobs and inflation numbers have come out. The jobs report presented mixed signals, with the number of jobs created last month far below the consensus, but the unemployment rate better than expected (at 4.2%, approaching its prepandemic rate of 3.5%) and an improved labor force participation rate.</p><p><blockquote>自这些评论发表以来，11月份的就业和通胀数据已经公布。就业报告给出了喜忧参半的信号，上个月创造的就业岗位数量远低于共识，但失业率好于预期（4.2%，接近疫情前3.5%的水平），劳动力参与率也有所改善。</blockquote></p><p> The consumer price index, which gauges inflation, jumped the most in 39 years in November, but came in about as expected. Especially with the jobs number, keep in mind that month-to-month numbers can be volatile. For example, the number of jobs created in November could be revised up when the December numbers come out in early January.</p><p><blockquote>衡量通胀的消费者价格指数11月份出现39年来最大涨幅，但与预期大致相同。尤其是就业数字，请记住，逐月的数字可能会波动。例如，当1月初公布12月份的数据时，11月份创造的就业岗位数量可能会被上调。</blockquote></p><p> The inflation report \"confirms that the Fed is on track to begin hiking rates at some point next year,\" Sarah House, senior economist at Wells Fargo told Bloomberg News. \"I think this keeps them on track to see the dots move up pretty notably when we get the forecast next week.\"</p><p><blockquote>富国银行高级经济学家莎拉·豪斯(Sarah House)告诉彭博新闻社，通胀报告“证实美联储有望在明年某个时候开始加息”。“我认为这使他们能够在下周得到预测时看到这些点显着上升。”</blockquote></p><p> The strong November CPI data \"only solidify the case for a faster tapering of asset purchases,\" Rubeela Farooqi, Highway Frequency Economics' chief U.S. economist, told Reuters. \"More important will be Chair Powell's message on tightening of policy going forward.\"</p><p><blockquote>Highway Frequency Economics首席美国经济学家鲁比拉·法鲁奇(Rubeela Farooqi)对路透社表示，强劲的11月CPI数据“只会巩固更快缩减资产购买的理由”。“更重要的是鲍威尔主席关于未来收紧政策的信息。”</blockquote></p><p> \"I think that their plan right now probably is three rate hikes next year, four rate hikes in 2023,\" David Kelly, J.P. Morgan Asset Management chief global strategist, said in an interview on Bloomberg Television.</p><p><blockquote>摩根大通资产管理首席全球策略师David Kelly在接受彭博电视台采访时表示：“我认为他们现在的计划可能是明年加息三次，2023年加息四次。”</blockquote></p><p> In the September meeting dot-plot, most Fed officials expected the first rate increase in 2023, with a few pulling the first rate hike to 2022.</p><p><blockquote>在9月会议点阵图中，大多数美联储官员预计2023年首次加息，少数官员将首次加息推迟到2022年。</blockquote></p><p> The federal funds rate target range currently stands at 0.0%-0.25%. The central bankers said it expected to increase its Treasury holdings by at least $60B per month and increase it agency MBS holdings by at least $30B month, down from its prior pace of $80B of Treasurys and $40B of MBS in October.</p><p><blockquote>联邦基金利率目标区间目前为0.0%-0.25%。央行行长们表示，预计每月将至少增加600亿美元的国债持有量，每月将至少增加300亿美元的it机构MBS持有量，低于10月份800亿美元的国债和400亿美元的MBS持有量。</blockquote></p><p> The CME FedWatch tool shows that more traders are pulling up their expectation for a rate hike. The probability of a 25-50 basis-point rate hike for the March meeting rises to 34.2%, up from a 25.9% probability a week ago.</p><p><blockquote>CME FedWatch工具显示，更多交易员正在上调加息预期。3月会议加息25-50个基点的概率升至34.2%，高于一周前的25.9%。</blockquote></p><p> The probability of a 25-50 bps hike in May increased to 43.2% from 38.4% a week ago, and there's a 13.1% probability of a 50-75 bps increase.</p><p><blockquote>5月份加息25-50个基点的概率从一周前的38.4%上升至43.2%，加息50-75个基点的概率为13.1%。</blockquote></p><p> SGH Macro Advisors Chief U.S. Economist Tim Duy sees a \"high probability that the Fed hikes rates in March,\" although he doesn't expect the policymakers will pencil in that timeline on the dot-plot. \"Where the Fed is now and where the Fed is in three months are two different things,\" he wrote in a note dated Dec. 7.</p><p><blockquote>SGH Macro Advisors首席美国经济学家Tim Duy认为“美联储很有可能在3月份加息”，尽管他预计政策制定者不会在点阵图上写下这一时间表。他在12月7日的一份报告中写道：“美联储现在的处境和三个月后的处境是两回事。”</blockquote></p><p> SA contributor John M. Mason sees complications in the Fed's taper due to the massive amounts of reverse repurchase agreements it has used to keep the effective federal funds rate positive.</p><p><blockquote>SA撰稿人约翰·M·梅森(John M.Mason)认为，由于美联储使用大量逆回购协议来保持有效联邦基金利率为正值，美联储缩减规模会变得复杂。</blockquote></p><p></p>","source":"lsy1638401102509","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>Taper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</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\">\nTaper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-12-13 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p> Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicken its pace to taper asset purchases, setting the stage for an earlier rate increase when the central banks' policymakers meet on Tuesday and Wednesday.</p><p><blockquote>上周的消费者通胀数据强化了美联储将加快缩减资产购买步伐的说法，为央行政策制定者周二和周三开会时提前加息奠定了基础。</blockquote></p><p> Investors will also gain insight on the central bankers' expectations for when rates will rise with the release of the \"Summary of Economic Projections,\" especially the closely watched \"dot-plot.\"</p><p><blockquote>随着“经济预测摘要”的发布，尤其是备受关注的“点阵图”，投资者还将深入了解央行官员对何时加息的预期。</blockquote></p><p> Expect to see a change in timing for winding down its purchases of Treasurys and mortgage-backed securities. At their November meeting, the Fed said it planned to reduce purchases by $15B per month, setting a pace to end the purchases in mid-2022.</p><p><blockquote>预计逐步减少购买美国国债和抵押贷款支持证券的时间会发生变化。在11月的会议上，美联储表示计划每月减少15B美元的购买，为2022年中期结束购买设定了步伐。</blockquote></p><p> Fed Chair Jerome Powell has already said it's time to talk about speeding up the taper by a few months. \"At this point, the economy is very strong\" and inflation is elevated, he said at his testimony in Congress on Nov. 30.</p><p><blockquote>美联储主席杰罗姆·鲍威尔已经表示，是时候讨论将缩减规模加快几个月了。他11月30日在国会作证时表示，“目前经济非常强劲”，通胀也很高。</blockquote></p><p> Since those comments, the November jobs and inflation numbers have come out. The jobs report presented mixed signals, with the number of jobs created last month far below the consensus, but the unemployment rate better than expected (at 4.2%, approaching its prepandemic rate of 3.5%) and an improved labor force participation rate.</p><p><blockquote>自这些评论发表以来，11月份的就业和通胀数据已经公布。就业报告给出了喜忧参半的信号，上个月创造的就业岗位数量远低于共识，但失业率好于预期（4.2%，接近疫情前3.5%的水平），劳动力参与率也有所改善。</blockquote></p><p> The consumer price index, which gauges inflation, jumped the most in 39 years in November, but came in about as expected. Especially with the jobs number, keep in mind that month-to-month numbers can be volatile. For example, the number of jobs created in November could be revised up when the December numbers come out in early January.</p><p><blockquote>衡量通胀的消费者价格指数11月份出现39年来最大涨幅，但与预期大致相同。尤其是就业数字，请记住，逐月的数字可能会波动。例如，当1月初公布12月份的数据时，11月份创造的就业岗位数量可能会被上调。</blockquote></p><p> The inflation report \"confirms that the Fed is on track to begin hiking rates at some point next year,\" Sarah House, senior economist at Wells Fargo told Bloomberg News. \"I think this keeps them on track to see the dots move up pretty notably when we get the forecast next week.\"</p><p><blockquote>富国银行高级经济学家莎拉·豪斯(Sarah House)告诉彭博新闻社，通胀报告“证实美联储有望在明年某个时候开始加息”。“我认为这使他们能够在下周得到预测时看到这些点显着上升。”</blockquote></p><p> The strong November CPI data \"only solidify the case for a faster tapering of asset purchases,\" Rubeela Farooqi, Highway Frequency Economics' chief U.S. economist, told Reuters. \"More important will be Chair Powell's message on tightening of policy going forward.\"</p><p><blockquote>Highway Frequency Economics首席美国经济学家鲁比拉·法鲁奇(Rubeela Farooqi)对路透社表示，强劲的11月CPI数据“只会巩固更快缩减资产购买的理由”。“更重要的是鲍威尔主席关于未来收紧政策的信息。”</blockquote></p><p> \"I think that their plan right now probably is three rate hikes next year, four rate hikes in 2023,\" David Kelly, J.P. Morgan Asset Management chief global strategist, said in an interview on Bloomberg Television.</p><p><blockquote>摩根大通资产管理首席全球策略师David Kelly在接受彭博电视台采访时表示：“我认为他们现在的计划可能是明年加息三次，2023年加息四次。”</blockquote></p><p> In the September meeting dot-plot, most Fed officials expected the first rate increase in 2023, with a few pulling the first rate hike to 2022.</p><p><blockquote>在9月会议点阵图中，大多数美联储官员预计2023年首次加息，少数官员将首次加息推迟到2022年。</blockquote></p><p> The federal funds rate target range currently stands at 0.0%-0.25%. The central bankers said it expected to increase its Treasury holdings by at least $60B per month and increase it agency MBS holdings by at least $30B month, down from its prior pace of $80B of Treasurys and $40B of MBS in October.</p><p><blockquote>联邦基金利率目标区间目前为0.0%-0.25%。央行行长们表示，预计每月将至少增加600亿美元的国债持有量，每月将至少增加300亿美元的it机构MBS持有量，低于10月份800亿美元的国债和400亿美元的MBS持有量。</blockquote></p><p> The CME FedWatch tool shows that more traders are pulling up their expectation for a rate hike. The probability of a 25-50 basis-point rate hike for the March meeting rises to 34.2%, up from a 25.9% probability a week ago.</p><p><blockquote>CME FedWatch工具显示，更多交易员正在上调加息预期。3月会议加息25-50个基点的概率升至34.2%，高于一周前的25.9%。</blockquote></p><p> The probability of a 25-50 bps hike in May increased to 43.2% from 38.4% a week ago, and there's a 13.1% probability of a 50-75 bps increase.</p><p><blockquote>5月份加息25-50个基点的概率从一周前的38.4%上升至43.2%，加息50-75个基点的概率为13.1%。</blockquote></p><p> SGH Macro Advisors Chief U.S. Economist Tim Duy sees a \"high probability that the Fed hikes rates in March,\" although he doesn't expect the policymakers will pencil in that timeline on the dot-plot. \"Where the Fed is now and where the Fed is in three months are two different things,\" he wrote in a note dated Dec. 7.</p><p><blockquote>SGH Macro Advisors首席美国经济学家Tim Duy认为“美联储很有可能在3月份加息”，尽管他预计政策制定者不会在点阵图上写下这一时间表。他在12月7日的一份报告中写道：“美联储现在的处境和三个月后的处境是两回事。”</blockquote></p><p> SA contributor John M. Mason sees complications in the Fed's taper due to the massive amounts of reverse repurchase agreements it has used to keep the effective federal funds rate positive.</p><p><blockquote>SA撰稿人约翰·M·梅森(John M.Mason)认为，由于美联储使用大量逆回购协议来保持有效联邦基金利率为正值，美联储缩减规模会变得复杂。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3779240-taper-pace-and-path-to-liftoff-set-to-the-themes-for-fed-meeting-this-week\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/news/3779240-taper-pace-and-path-to-liftoff-set-to-the-themes-for-fed-meeting-this-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155743884","content_text":"Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicken its pace to taper asset purchases, setting the stage for an earlier rate increase when the central banks' policymakers meet on Tuesday and Wednesday.\nInvestors will also gain insight on the central bankers' expectations for when rates will rise with the release of the \"Summary of Economic Projections,\" especially the closely watched \"dot-plot.\"\nExpect to see a change in timing for winding down its purchases of Treasurys and mortgage-backed securities. At their November meeting, the Fed said it planned to reduce purchases by $15B per month, setting a pace to end the purchases in mid-2022.\nFed Chair Jerome Powell has already said it's time to talk about speeding up the taper by a few months. \"At this point, the economy is very strong\" and inflation is elevated, he said at his testimony in Congress on Nov. 30.\nSince those comments, the November jobs and inflation numbers have come out. The jobs report presented mixed signals, with the number of jobs created last month far below the consensus, but the unemployment rate better than expected (at 4.2%, approaching its prepandemic rate of 3.5%) and an improved labor force participation rate.\nThe consumer price index, which gauges inflation, jumped the most in 39 years in November, but came in about as expected. Especially with the jobs number, keep in mind that month-to-month numbers can be volatile. For example, the number of jobs created in November could be revised up when the December numbers come out in early January.\nThe inflation report \"confirms that the Fed is on track to begin hiking rates at some point next year,\" Sarah House, senior economist at Wells Fargo told Bloomberg News. \"I think this keeps them on track to see the dots move up pretty notably when we get the forecast next week.\"\nThe strong November CPI data \"only solidify the case for a faster tapering of asset purchases,\" Rubeela Farooqi, Highway Frequency Economics' chief U.S. economist, told Reuters. \"More important will be Chair Powell's message on tightening of policy going forward.\"\n\"I think that their plan right now probably is three rate hikes next year, four rate hikes in 2023,\" David Kelly, J.P. Morgan Asset Management chief global strategist, said in an interview on Bloomberg Television.\nIn the September meeting dot-plot, most Fed officials expected the first rate increase in 2023, with a few pulling the first rate hike to 2022.\nThe federal funds rate target range currently stands at 0.0%-0.25%. The central bankers said it expected to increase its Treasury holdings by at least $60B per month and increase it agency MBS holdings by at least $30B month, down from its prior pace of $80B of Treasurys and $40B of MBS in October.\nThe CME FedWatch tool shows that more traders are pulling up their expectation for a rate hike. The probability of a 25-50 basis-point rate hike for the March meeting rises to 34.2%, up from a 25.9% probability a week ago.\nThe probability of a 25-50 bps hike in May increased to 43.2% from 38.4% a week ago, and there's a 13.1% probability of a 50-75 bps increase.\nSGH Macro Advisors Chief U.S. Economist Tim Duy sees a \"high probability that the Fed hikes rates in March,\" although he doesn't expect the policymakers will pencil in that timeline on the dot-plot. \"Where the Fed is now and where the Fed is in three months are two different things,\" he wrote in a note dated Dec. 7.\nSA contributor John M. Mason sees complications in the Fed's taper due to the massive amounts of reverse repurchase agreements it has used to keep the effective federal funds rate 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anot??","listText":"Sure anot??","text":"Sure anot??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604928017","repostId":"2190679207","repostType":4,"isVote":1,"tweetType":1,"viewCount":965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605532748,"gmtCreate":1639188876484,"gmtModify":1639188876558,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Comment and like","listText":"Comment and like","text":"Comment and 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and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606973334","repostId":"1189410190","repostType":4,"repost":{"id":"1189410190","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638804387,"share":"https://www.laohu8.com/m/news/1189410190?lang=zh_CN&edition=full","pubTime":"2021-12-06 23:26","market":"us","language":"en","title":"Stocks linked to the reopening of the economy gained on Monday<blockquote>与经济重新开放相关的股票周一上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189410190","media":"Tiger Newspress","summary":"Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines and travel book","content":"<p>Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines&nbsp;and&nbsp;travel booking stocks&nbsp;jumped&nbsp;in morning trading.</p><p><blockquote>与经济重新开放相关的股票周一上涨。航空公司、邮轮公司和旅游预订股票在早盘交易中上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/651aa4b1311ccf3c19aeb54b31cfa75d\" tg-width=\"410\" tg-height=\"485\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/f544513dbaea07f8bfb6ef95f4787209\" tg-width=\"416\" tg-height=\"188\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/f38b5565430c470461254d0b06da3752\" tg-width=\"405\" tg-height=\"178\" width=\"100%\" height=\"auto\"></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\" 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href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-06 23:26</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines&nbsp;and&nbsp;travel booking stocks&nbsp;jumped&nbsp;in morning trading.</p><p><blockquote>与经济重新开放相关的股票周一上涨。航空公司、邮轮公司和旅游预订股票在早盘交易中上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/651aa4b1311ccf3c19aeb54b31cfa75d\" tg-width=\"410\" tg-height=\"485\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/f544513dbaea07f8bfb6ef95f4787209\" tg-width=\"416\" tg-height=\"188\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/f38b5565430c470461254d0b06da3752\" tg-width=\"405\" tg-height=\"178\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCL":"皇家加勒比邮轮","JBLU":"捷蓝航空","CCL":"嘉年华邮轮","DAL":"达美航空","ALK":"阿拉斯加航空集团有限公司","UAL":"联合大陆航空","BA":"波音","AAL":"美国航空","SAVE":"Spirit Airlines","ABNB":"爱彼迎","NCLH":"挪威邮轮","BKNG":"Booking Holdings","EXPE":"Expedia","LUV":"西南航空"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189410190","content_text":"Stocks linked to the reopening of the economy gained on Monday.Airlines,Cruise lines and travel booking stocks jumped in morning trading.","news_type":1,"symbols_score_info":{"CCL":0.9,"ALK":0.9,"EXPE":0.9,"RCL":0.9,"BA":0.9,"DAL":0.9,"AAL":0.9,"UAL":0.9,"BKNG":0.9,"NCLH":0.9,"LUV":0.9,"SAVE":0.9,"ABNB":0.9,"JBLU":0.9}},"isVote":1,"tweetType":1,"viewCount":861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608603500,"gmtCreate":1638697684792,"gmtModify":1638697684792,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Should I buy?","listText":"Should I buy?","text":"Should I buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608603500","repostId":"2189557676","repostType":4,"isVote":1,"tweetType":1,"viewCount":1194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608321606,"gmtCreate":1638631302049,"gmtModify":1638631302132,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"comment and like","listText":"comment and like","text":"comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608321606","repostId":"2188057871","repostType":4,"isVote":1,"tweetType":1,"viewCount":901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865286656,"gmtCreate":1632987617711,"gmtModify":1632987618992,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"comment and like","listText":"comment and like","text":"comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865286656","repostId":"1132265874","repostType":4,"repost":{"id":"1132265874","kind":"news","pubTimestamp":1632987480,"share":"https://www.laohu8.com/m/news/1132265874?lang=zh_CN&edition=full","pubTime":"2021-09-30 15:38","market":"us","language":"en","title":"Micron Stock: Buy the Dip or Bail After Post-Earnings Decline?<blockquote>美光科技：盈利下降后逢低买入还是保释？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132265874","media":"TheStreet","summary":"Micron stock is dipping lower on earnings, but it's not collapsing. Here's what the chart says now.\n","content":"<p>Micron stock is dipping lower on earnings, but it's not collapsing. Here's what the chart says now.</p><p><blockquote>美光科技的盈利正在下降，但并没有崩溃。这是图表现在显示的。</blockquote></p><p> Micron&nbsp;shares are down about 1.75% on Wednesday after reporting earnings.</p><p><blockquote>周三公布财报后，美光科技股价下跌约1.75%。</blockquote></p><p> However, despite the post-earnings dip, shares are rallying off the lows. At one point, the stock was down around 4% on the day and that’s after yesterday’s 2.8% decline.</p><p><blockquote>然而，尽管财报公布后出现下跌，股价仍在从低点反弹。继昨天下跌2.8%之后，该股当天一度下跌约4%。</blockquote></p><p> The company beat on earnings and revenue expectations, which is likely helping it bounce from the lows.</p><p><blockquote>该公司的盈利和收入超出预期，这可能有助于其从低点反弹。</blockquote></p><p> However, the “muted” outlook for next quarter is responsible for today’s dip.</p><p><blockquote>然而，下一季度的“低迷”前景是今天下跌的原因。</blockquote></p><p> Last week, <i>TheStreet’s</i> Jim Cramer said he would be a buyer of Advanced Micro Devices&nbsp;and Nvidia&nbsp;if these two stock saw weakness as a result of Micron’s report.</p><p><blockquote>上周，<i>街道的</i>吉姆·克莱默表示，如果Advanced Micro Devices和Nvidia的股票因美光科技的报告而疲软，他将成为这两只股票的买家。</blockquote></p><p> So far, they’re down slightly on the day.</p><p><blockquote>到目前为止，它们当天略有下降。</blockquote></p><p> With the rally off Wednesday’s low, Micron is holding up above the prior September low. That said, the charts leave a lot to be desired.</p><p><blockquote>随着周三低点的反弹，美光科技仍保持在9月份低点之上。也就是说，这些图表还有很多不足之处。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/846c7a9e4223402236a0865b100849d9\" tg-width=\"1023\" tg-height=\"735\" width=\"100%\" height=\"auto\"><span>Daily chart of Micron stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>美光科技日线图。</span></p></blockquote></p><p> A look at the chart shows exactly what I mean by “a lot to be desired.” Even though Micron broke below the prior September low at $71.11, the silver lining is that the stock was able to reclaim this level and bounce higher.</p><p><blockquote>看一看图表，就能清楚地看出我所说的“有很多需要的地方”是什么意思。尽管美光科技跌破了9月份的低点71.11美元，但一线希望是该股能够收复这一水平并反弹走高。</blockquote></p><p> However, there are plenty of downsides. For example, Micron stock is still below the key $76.40 level. It’s also below all of its daily moving averages.</p><p><blockquote>然而，也有很多缺点。例如，美光科技仍低于76.40美元的关键水平。它也低于所有每日移动平均线。</blockquote></p><p> In order to make a significant push higher, some of these levels will need to be reclaimed.</p><p><blockquote>为了大幅推高，需要收回其中一些水平。</blockquote></p><p> Specifically, I want to see if Micron stock can rally back to and reclaim the 50-day moving average.</p><p><blockquote>具体来说，我想看看美光科技能否反弹并收复50日均线。</blockquote></p><p> This measure has been notable resistance for two months now and even though the stock looked like it was going to push through it earlier this week, the shares were eventually swatted lower.</p><p><blockquote>两个月来，这一措施一直是显着的阻力，尽管该股本周早些时候看起来将突破这一指标，但该股最终还是走低。</blockquote></p><p> If Micron stock can clear the 50-day moving average, that puts the $76.40 level in play, followed by the 200-day moving average and downtrend resistance (purple line).</p><p><blockquote>如果美光科技能够突破50日移动平均线，则76.40美元水平将发挥作用，其次是200日移动平均线和下降趋势阻力（紫线）。</blockquote></p><p> Below Wednesday’s low puts the August low in play, at $68.81. A break of this mark could put the stock in a difficult position unless $68.81 is reclaimed.</p><p><blockquote>低于周三低点将触及8月份低点68.81美元。除非收复68.81美元，否则突破这一关口可能会使该股陷入困境。</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>Micron Stock: Buy the Dip or Bail After Post-Earnings Decline?<blockquote>美光科技：盈利下降后逢低买入还是保释？</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\">\nMicron Stock: Buy the Dip or Bail After Post-Earnings Decline?<blockquote>美光科技：盈利下降后逢低买入还是保释？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-09-30 15:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Micron stock is dipping lower on earnings, but it's not collapsing. Here's what the chart says now.</p><p><blockquote>美光科技的盈利正在下降，但并没有崩溃。这是图表现在显示的。</blockquote></p><p> Micron&nbsp;shares are down about 1.75% on Wednesday after reporting earnings.</p><p><blockquote>周三公布财报后，美光科技股价下跌约1.75%。</blockquote></p><p> However, despite the post-earnings dip, shares are rallying off the lows. At one point, the stock was down around 4% on the day and that’s after yesterday’s 2.8% decline.</p><p><blockquote>然而，尽管财报公布后出现下跌，股价仍在从低点反弹。继昨天下跌2.8%之后，该股当天一度下跌约4%。</blockquote></p><p> The company beat on earnings and revenue expectations, which is likely helping it bounce from the lows.</p><p><blockquote>该公司的盈利和收入超出预期，这可能有助于其从低点反弹。</blockquote></p><p> However, the “muted” outlook for next quarter is responsible for today’s dip.</p><p><blockquote>然而，下一季度的“低迷”前景是今天下跌的原因。</blockquote></p><p> Last week, <i>TheStreet’s</i> Jim Cramer said he would be a buyer of Advanced Micro Devices&nbsp;and Nvidia&nbsp;if these two stock saw weakness as a result of Micron’s report.</p><p><blockquote>上周，<i>街道的</i>吉姆·克莱默表示，如果Advanced Micro Devices和Nvidia的股票因美光科技的报告而疲软，他将成为这两只股票的买家。</blockquote></p><p> So far, they’re down slightly on the day.</p><p><blockquote>到目前为止，它们当天略有下降。</blockquote></p><p> With the rally off Wednesday’s low, Micron is holding up above the prior September low. That said, the charts leave a lot to be desired.</p><p><blockquote>随着周三低点的反弹，美光科技仍保持在9月份低点之上。也就是说，这些图表还有很多不足之处。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/846c7a9e4223402236a0865b100849d9\" tg-width=\"1023\" tg-height=\"735\" width=\"100%\" height=\"auto\"><span>Daily chart of Micron stock.</span></p><p><blockquote><p class=\"t-img-caption\"><span>美光科技日线图。</span></p></blockquote></p><p> A look at the chart shows exactly what I mean by “a lot to be desired.” Even though Micron broke below the prior September low at $71.11, the silver lining is that the stock was able to reclaim this level and bounce higher.</p><p><blockquote>看一看图表，就能清楚地看出我所说的“有很多需要的地方”是什么意思。尽管美光科技跌破了9月份的低点71.11美元，但一线希望是该股能够收复这一水平并反弹走高。</blockquote></p><p> However, there are plenty of downsides. For example, Micron stock is still below the key $76.40 level. It’s also below all of its daily moving averages.</p><p><blockquote>然而，也有很多缺点。例如，美光科技仍低于76.40美元的关键水平。它也低于所有每日移动平均线。</blockquote></p><p> In order to make a significant push higher, some of these levels will need to be reclaimed.</p><p><blockquote>为了大幅推高，需要收回其中一些水平。</blockquote></p><p> Specifically, I want to see if Micron stock can rally back to and reclaim the 50-day moving average.</p><p><blockquote>具体来说，我想看看美光科技能否反弹并收复50日均线。</blockquote></p><p> This measure has been notable resistance for two months now and even though the stock looked like it was going to push through it earlier this week, the shares were eventually swatted lower.</p><p><blockquote>两个月来，这一措施一直是显着的阻力，尽管该股本周早些时候看起来将突破这一指标，但该股最终还是走低。</blockquote></p><p> If Micron stock can clear the 50-day moving average, that puts the $76.40 level in play, followed by the 200-day moving average and downtrend resistance (purple line).</p><p><blockquote>如果美光科技能够突破50日移动平均线，则76.40美元水平将发挥作用，其次是200日移动平均线和下降趋势阻力（紫线）。</blockquote></p><p> Below Wednesday’s low puts the August low in play, at $68.81. A break of this mark could put the stock in a difficult position unless $68.81 is reclaimed.</p><p><blockquote>低于周三低点将触及8月份低点68.81美元。除非收复68.81美元，否则突破这一关口可能会使该股陷入困境。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/buy-or-sell-micron-mu-stock-earnings-pullback\">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":{"MU":"美光科技"},"source_url":"https://www.thestreet.com/investing/buy-or-sell-micron-mu-stock-earnings-pullback","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132265874","content_text":"Micron stock is dipping lower on earnings, but it's not collapsing. Here's what the chart says now.\n\n\nMicron shares are down about 1.75% on Wednesday after reporting earnings.\nHowever, despite the post-earnings dip, shares are rallying off the lows. At one point, the stock was down around 4% on the day and that’s after yesterday’s 2.8% decline.\nThe company beat on earnings and revenue expectations, which is likely helping it bounce from the lows.\nHowever, the “muted” outlook for next quarter is responsible for today’s dip.\nLast week, TheStreet’s Jim Cramer said he would be a buyer of Advanced Micro Devices and Nvidia if these two stock saw weakness as a result of Micron’s report.\nSo far, they’re down slightly on the day.\nWith the rally off Wednesday’s low, Micron is holding up above the prior September low. That said, the charts leave a lot to be desired.\nDaily chart of Micron stock.\nA look at the chart shows exactly what I mean by “a lot to be desired.” Even though Micron broke below the prior September low at $71.11, the silver lining is that the stock was able to reclaim this level and bounce higher.\nHowever, there are plenty of downsides. For example, Micron stock is still below the key $76.40 level. It’s also below all of its daily moving averages.\nIn order to make a significant push higher, some of these levels will need to be reclaimed.\nSpecifically, I want to see if Micron stock can rally back to and reclaim the 50-day moving average.\nThis measure has been notable resistance for two months now and even though the stock looked like it was going to push through it earlier this week, the shares were eventually swatted lower.\nIf Micron stock can clear the 50-day moving average, that puts the $76.40 level in play, followed by the 200-day moving average and downtrend resistance (purple line).\nBelow Wednesday’s low puts the August low in play, at $68.81. A break of this mark could put the stock in a difficult position unless $68.81 is reclaimed.","news_type":1,"symbols_score_info":{"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":371346534,"gmtCreate":1618915602828,"gmtModify":1634289946413,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment&nbsp;","listText":"like and comment&nbsp;","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/371346534","repostId":"1185485095","repostType":4,"isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154322664,"gmtCreate":1625482657358,"gmtModify":1631891750056,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"comments and like","listText":"comments and like","text":"comments and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/154322664","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","kind":"news","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=zh_CN&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p><p><blockquote>对许多人来说，美国的独立日是野餐和海滩日。但今年7月4日是周日，这在美国不是交易日。</blockquote></p><p> So will the major markets open or close for the holiday?</p><p><blockquote>那么假期主要市场会开盘还是收盘呢？</blockquote></p><p> The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p><p><blockquote>事实上，纽约证券交易所和纳斯达克将于7月5日星期一休市，以庆祝独立日。</blockquote></p><p> It's&nbsp;one of nine full-closing daysfor the stock market this year.</p><p><blockquote>这是今年股市九个完整休市日之一。</blockquote></p><p> For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p><p><blockquote>例如，股市将于11月25日星期四感恩节休市。11月26日星期五，交易时间为半天多一点，上午9:30至下午1点。美国东部时间。</blockquote></p><p> Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p><p><blockquote>正常股票交易时间为上午9:30至下午4点。东部时间。</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>Is the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</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\">\nIs the Stock Market Open or Closed on Independence Day?<blockquote>独立日股票市场是开放还是关闭？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-07-05 13:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p><p><blockquote>对许多人来说，美国的独立日是野餐和海滩日。但今年7月4日是周日，这在美国不是交易日。</blockquote></p><p> So will the major markets open or close for the holiday?</p><p><blockquote>那么假期主要市场会开盘还是收盘呢？</blockquote></p><p> The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p><p><blockquote>事实上，纽约证券交易所和纳斯达克将于7月5日星期一休市，以庆祝独立日。</blockquote></p><p> It's&nbsp;one of nine full-closing daysfor the stock market this year.</p><p><blockquote>这是今年股市九个完整休市日之一。</blockquote></p><p> For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p><p><blockquote>例如，股市将于11月25日星期四感恩节休市。11月26日星期五，交易时间为半天多一点，上午9:30至下午1点。美国东部时间。</blockquote></p><p> Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</p><p><blockquote>正常股票交易时间为上午9:30至下午4点。东部时间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158128366,"gmtCreate":1625138458955,"gmtModify":1631891750062,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment&nbsp;","listText":"like and comment&nbsp;","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/158128366","repostId":"1106223449","repostType":4,"repost":{"id":"1106223449","kind":"news","pubTimestamp":1625122086,"share":"https://www.laohu8.com/m/news/1106223449?lang=zh_CN&edition=full","pubTime":"2021-07-01 14:48","market":"us","language":"en","title":"The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500取得了自互联网泡沫以来第二好的上半年成绩。接下来会发生什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106223449","media":"Barrons","summary":"Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 5","content":"<p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d70d0323609e9ce596a9a90e475422d1\" tg-width=\"1260\" tg-height=\"840\"><span>Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>自1979年以来，标普500上半年涨幅达到或超过10%已有14次。</span></p></blockquote></p><p> The S&amp;P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.</p><p><blockquote>标普500的上半年表现是自互联网泡沫以来第二好的。如果股市继续上涨，不要感到惊讶。</blockquote></p><p> With June coming to an end, the S&amp;P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.</p><p><blockquote>随着6月接近尾声，标普500以14.4%的涨幅结束了2021年上半年。自1998年以来，只有2019年上半年17.4%的增幅更大。</blockquote></p><p> The market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.</p><p><blockquote>Covid-19疫苗接种提振了市场，帮助美国经济重新开放，而数万亿美元的财政刺激措施帮助支撑了需求。尽管对通胀的担忧加剧了人们对美联储将被迫采取措施减缓经济增长的猜测，但涨幅仍在继续。</blockquote></p><p> The combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and&nbsp;cause stocks to tumble. Others worry that&nbsp;U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.</p><p><blockquote>大幅上涨和美联储更加鹰派的结合引发了市场过于自满的担忧。如果通胀持续持续足够长的时间，央行可能会被迫以比市场预期更快的速度采取行动，并导致股市暴跌。其他人担心美国。经济增长放缓的速度可能快于投资者的预期，导致经济增长放缓。</blockquote></p><p> For those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.</p><p><blockquote>对于持这种观点的人来说，没有比现在更好的退出股市的时机了。历史表明并非如此。</blockquote></p><p> Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.</p><p><blockquote>自1979年以来，标普500上半年涨幅达到或超过10%的有14次，下半年该指数平均涨幅为6.3%。更重要的是，该指数在下半年有11次（即79%的时间）走高。</blockquote></p><p> Even the losses, when they occurred, weren’t all that bad. The S&amp;P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.</p><p><blockquote>即使是损失，当它们发生时，也没有那么糟糕。标普500在1983年下半年下降了1.9%，在1986年最后六个月下降了3.5%。</blockquote></p><p> The one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&amp;P 500 dropped 20% in one day, still a record loss. While selling linked to so-called&nbsp;portfolio insurance&nbsp;was ultimately blamed for the size and speed of the loss, the second half of 1987 was&nbsp;a period of rising bond yields and high stock-market valuations, just like the first half of 2021.</p><p><blockquote>一个例外是1987年的最后六个月，该指数在下半年下跌了19%。那段时间包括黑色星期一，当时标普500在一天内下跌了20%，仍然是创纪录的跌幅。虽然与所谓投资组合保险相关的抛售最终被归咎于损失的规模和速度，但1987年下半年是债券收益率上升和股市估值高的时期，就像2021年上半年一样。</blockquote></p><p> Still, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&amp;P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank&nbsp;Cappelleri, chief market technician at Instinet.</p><p><blockquote>尽管如此，市场一直表现得想要走高，而不是走低。回调是牛市中的正常事件，在2021年表现温和，最大跌幅不到4%。Instinet首席市场技术员Frank Cappelleri写道：“[标普500]在2021年所做的就是在需要的时间和地点回升，始终保持上升趋势。”</blockquote></p><p> That 6.3% average second-half rise would push the S&amp;P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.</p><p><blockquote>下半年6.3%的平均涨幅将使标普500的全年涨幅达到23%左右。Fundstrat的汤姆·李(Tom Lee)表示，这将代表着从衰退中“教科书式的[市场]复苏”。</blockquote></p><p> For now, at least, the path of least resistance is higher.</p><p><blockquote>至少就目前而言，阻力最小的路径更高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3cb229b2e05d59b9c126d464a7d771bb\" tg-width=\"958\" tg-height=\"647\"></p><p><blockquote></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>The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500取得了自互联网泡沫以来第二好的上半年成绩。接下来会发生什么。</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\">\nThe S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.<blockquote>标普500取得了自互联网泡沫以来第二好的上半年成绩。接下来会发生什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-01 14:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d70d0323609e9ce596a9a90e475422d1\" tg-width=\"1260\" tg-height=\"840\"><span>Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year.</span></p><p><blockquote><p class=\"t-img-caption\"><span>自1979年以来，标普500上半年涨幅达到或超过10%已有14次。</span></p></blockquote></p><p> The S&amp;P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.</p><p><blockquote>标普500的上半年表现是自互联网泡沫以来第二好的。如果股市继续上涨，不要感到惊讶。</blockquote></p><p> With June coming to an end, the S&amp;P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.</p><p><blockquote>随着6月接近尾声，标普500以14.4%的涨幅结束了2021年上半年。自1998年以来，只有2019年上半年17.4%的增幅更大。</blockquote></p><p> The market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.</p><p><blockquote>Covid-19疫苗接种提振了市场，帮助美国经济重新开放，而数万亿美元的财政刺激措施帮助支撑了需求。尽管对通胀的担忧加剧了人们对美联储将被迫采取措施减缓经济增长的猜测，但涨幅仍在继续。</blockquote></p><p> The combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and&nbsp;cause stocks to tumble. Others worry that&nbsp;U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.</p><p><blockquote>大幅上涨和美联储更加鹰派的结合引发了市场过于自满的担忧。如果通胀持续持续足够长的时间，央行可能会被迫以比市场预期更快的速度采取行动，并导致股市暴跌。其他人担心美国。经济增长放缓的速度可能快于投资者的预期，导致经济增长放缓。</blockquote></p><p> For those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.</p><p><blockquote>对于持这种观点的人来说，没有比现在更好的退出股市的时机了。历史表明并非如此。</blockquote></p><p> Since 1979, the S&amp;P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.</p><p><blockquote>自1979年以来，标普500上半年涨幅达到或超过10%的有14次，下半年该指数平均涨幅为6.3%。更重要的是，该指数在下半年有11次（即79%的时间）走高。</blockquote></p><p> Even the losses, when they occurred, weren’t all that bad. The S&amp;P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.</p><p><blockquote>即使是损失，当它们发生时，也没有那么糟糕。标普500在1983年下半年下降了1.9%，在1986年最后六个月下降了3.5%。</blockquote></p><p> The one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&amp;P 500 dropped 20% in one day, still a record loss. While selling linked to so-called&nbsp;portfolio insurance&nbsp;was ultimately blamed for the size and speed of the loss, the second half of 1987 was&nbsp;a period of rising bond yields and high stock-market valuations, just like the first half of 2021.</p><p><blockquote>一个例外是1987年的最后六个月，该指数在下半年下跌了19%。那段时间包括黑色星期一，当时标普500在一天内下跌了20%，仍然是创纪录的跌幅。虽然与所谓投资组合保险相关的抛售最终被归咎于损失的规模和速度，但1987年下半年是债券收益率上升和股市估值高的时期，就像2021年上半年一样。</blockquote></p><p> Still, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&amp;P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank&nbsp;Cappelleri, chief market technician at Instinet.</p><p><blockquote>尽管如此，市场一直表现得想要走高，而不是走低。回调是牛市中的正常事件，在2021年表现温和，最大跌幅不到4%。Instinet首席市场技术员Frank Cappelleri写道：“[标普500]在2021年所做的就是在需要的时间和地点回升，始终保持上升趋势。”</blockquote></p><p> That 6.3% average second-half rise would push the S&amp;P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.</p><p><blockquote>下半年6.3%的平均涨幅将使标普500的全年涨幅达到23%左右。Fundstrat的汤姆·李(Tom Lee)表示，这将代表着从衰退中“教科书式的[市场]复苏”。</blockquote></p><p> For now, at least, the path of least resistance is higher.</p><p><blockquote>至少就目前而言，阻力最小的路径更高。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/3cb229b2e05d59b9c126d464a7d771bb\" tg-width=\"958\" tg-height=\"647\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-futures-crash-gains-51625071996?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-futures-crash-gains-51625071996?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106223449","content_text":"Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.\nWith June coming to an end, the S&P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.\nThe market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.\nThe combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and cause stocks to tumble. Others worry that U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.\nFor those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.\nSince 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.\nEven the losses, when they occurred, weren’t all that bad. The S&P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.\nThe one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&P 500 dropped 20% in one day, still a record loss. While selling linked to so-called portfolio insurance was ultimately blamed for the size and speed of the loss, the second half of 1987 was a period of rising bond yields and high stock-market valuations, just like the first half of 2021.\nStill, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank Cappelleri, chief market technician at Instinet.\nThat 6.3% average second-half rise would push the S&P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.\nFor now, at least, the path of least resistance is higher.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159909447,"gmtCreate":1624933760889,"gmtModify":1633946800718,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/159909447","repostId":"2147837316","repostType":4,"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149055611,"gmtCreate":1625697579833,"gmtModify":1631891750057,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/149055611","repostId":"2149313903","repostType":4,"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196042973,"gmtCreate":1621001648292,"gmtModify":1634194642104,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment&nbsp;","listText":"like and comment&nbsp;","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/196042973","repostId":"2135710626","repostType":4,"isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138227162,"gmtCreate":1621945354556,"gmtModify":1634185289339,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment&nbsp;","listText":"like and comment&nbsp;","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/138227162","repostId":"2138167318","repostType":4,"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107026675,"gmtCreate":1620434736997,"gmtModify":1634198841123,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/107026675","repostId":"1120904578","repostType":4,"repost":{"id":"1120904578","kind":"news","pubTimestamp":1620429937,"share":"https://www.laohu8.com/m/news/1120904578?lang=zh_CN&edition=full","pubTime":"2021-05-08 07:25","market":"us","language":"en","title":"S&P 500, Dow hit record highs as weak jobs data eases rate worries<blockquote>疲软的就业数据缓解了利率担忧，标普500和道指创下历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120904578","media":"Reuters","summary":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the","content":"<p>The Dow and S&amp;P 500 hit record closing highs on Friday while registering gains for the week, and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> recovered after U.S. jobs data eased concerns over prospects for rising rates.</p><p><blockquote>道琼斯指数和标普500指数周五创下历史收盘新高，同时录得本周上涨，而<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>在美国就业数据缓解了对加息前景的担忧后复苏。</blockquote></p><p>U.S. job growth&nbsp;unexpectedly slowed&nbsp;in April, likely restrained by shortages of workers, the Labor Department report showed.</p><p><blockquote>劳工部报告显示，美国4月份就业增长意外放缓，可能受到工人短缺的限制。</blockquote></p><p>The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.</p><p><blockquote>该报告缓解了对通胀上升和美国利率可能上升的一些担忧，一些投资者担心这将损害高估值的成长型公司。</blockquote></p><p>“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.</p><p><blockquote>高级投资组合汤姆·马丁(Tom Martin)表示：“那些被带到柴房的成长型公司正在获得另一次机会，因为在复苏较慢的环境中，它们将被认为风险较小，而这正是就业数据所表明的。”Globalt Investments经理。</blockquote></p><p>Heavily-weighted growth stocks such as <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.O and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&amp;P 500 and Nasdaq their biggest boosts.</p><p><blockquote>权重较大的成长股，例如<a href=\"https://laohu8.com/S/MSFT\">微软</a>公司MSFT.O和<a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc.AAPL.O分别上涨1.1%和0.5%，标普500和纳斯达克涨幅最大。</blockquote></p><p>But gains were broad-based, with all major S&amp;P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.</p><p><blockquote>但涨幅广泛，所有主要标普500板块均以绿色能源SPNY和房地产SPLRCR领涨。能源和材料SPLRCM双双创下新高。</blockquote></p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&amp;P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p><blockquote>道琼斯指数。DJI上涨229.23点，或0.66%，至34,777.76点；标普500.SPX上涨30.98点，或0.74%，至4,232.6点；纳斯达克综合指数。IXIC上涨119.40点，或0.88%，至13,752.24点。</blockquote></p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&amp;P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p><blockquote>本周，道指上涨2.7%，创3月以来最大单周百分比涨幅。标普500上涨1.2%，为4月中旬以来表现最好的一周，而纳斯达克下跌1.5%。</blockquote></p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p><blockquote>格雷格·巴苏克(Greg Bassuk)表示：“对（美联储）政策保持不变以及疫苗推出后经济持续复苏的预期和确认推动了这些历史高点，但我们确实认为短期内波动性将会收紧。”，Axs投资公司首席执行官。</blockquote></p><p>A raft of upbeat earnings also helped stocks, and S&amp;P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p><blockquote>大量乐观的盈利也帮助了股市，根据Refinitiv的数据，目前预计标普500第一季度盈利同比增长50.4%，这将是自2010年第一季度以来的最高增长率。</blockquote></p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p><blockquote>支付公司<a href=\"https://laohu8.com/S/SQ\">平方</a>Inc SQ.N在公布好于预期的季度利润后上涨4.2%，因为对比特币的需求激增推动了其应用程序上的加密货币交易激增。（全文）</blockquote></p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><blockquote>流媒体设备制造商<a href=\"https://laohu8.com/S/ROKU\">Roku公司</a>ROKU.O因收入前景乐观而上涨11.5%，而健身器材制造商Peloton Interactive Inc PTON.O因采取措施提高设备安全性而上涨。（全文）（全文）</blockquote></p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p><blockquote><a href=\"https://laohu8.com/S/EXPE\">Expedia</a>Group Inc EXPE.O股价上涨5.2%，分析师在该公司公布乐观业绩后上调了目标价。</blockquote></p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为3.27比1；在纳斯达克，2.12比1的比率有利于上涨者。</blockquote></p><p>The S&amp;P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p><blockquote>标普500创下164个52周新高，<a href=\"https://laohu8.com/S/AONE\">一</a>新低；纳斯达克综合指数录得164个新高和64个新低。</blockquote></p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.</p><p><blockquote>美国交易所成交量为102.3亿股，而过去20个交易日全交易日平均成交量为101.1亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500, Dow hit record highs as weak jobs data eases rate worries<blockquote>疲软的就业数据缓解了利率担忧，标普500和道指创下历史新高</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500, Dow hit record highs as weak jobs data eases rate worries<blockquote>疲软的就业数据缓解了利率担忧，标普500和道指创下历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-05-08 07:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Dow and S&amp;P 500 hit record closing highs on Friday while registering gains for the week, and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> recovered after U.S. jobs data eased concerns over prospects for rising rates.</p><p><blockquote>道琼斯指数和标普500指数周五创下历史收盘新高，同时录得本周上涨，而<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>在美国就业数据缓解了对加息前景的担忧后复苏。</blockquote></p><p>U.S. job growth&nbsp;unexpectedly slowed&nbsp;in April, likely restrained by shortages of workers, the Labor Department report showed.</p><p><blockquote>劳工部报告显示，美国4月份就业增长意外放缓，可能受到工人短缺的限制。</blockquote></p><p>The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.</p><p><blockquote>该报告缓解了对通胀上升和美国利率可能上升的一些担忧，一些投资者担心这将损害高估值的成长型公司。</blockquote></p><p>“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.</p><p><blockquote>高级投资组合汤姆·马丁(Tom Martin)表示：“那些被带到柴房的成长型公司正在获得另一次机会，因为在复苏较慢的环境中，它们将被认为风险较小，而这正是就业数据所表明的。”Globalt Investments经理。</blockquote></p><p>Heavily-weighted growth stocks such as <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.O and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&amp;P 500 and Nasdaq their biggest boosts.</p><p><blockquote>权重较大的成长股，例如<a href=\"https://laohu8.com/S/MSFT\">微软</a>公司MSFT.O和<a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc.AAPL.O分别上涨1.1%和0.5%，标普500和纳斯达克涨幅最大。</blockquote></p><p>But gains were broad-based, with all major S&amp;P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.</p><p><blockquote>但涨幅广泛，所有主要标普500板块均以绿色能源SPNY和房地产SPLRCR领涨。能源和材料SPLRCM双双创下新高。</blockquote></p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&amp;P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p><blockquote>道琼斯指数。DJI上涨229.23点，或0.66%，至34,777.76点；标普500.SPX上涨30.98点，或0.74%，至4,232.6点；纳斯达克综合指数。IXIC上涨119.40点，或0.88%，至13,752.24点。</blockquote></p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&amp;P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p><blockquote>本周，道指上涨2.7%，创3月以来最大单周百分比涨幅。标普500上涨1.2%，为4月中旬以来表现最好的一周，而纳斯达克下跌1.5%。</blockquote></p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p><blockquote>格雷格·巴苏克(Greg Bassuk)表示：“对（美联储）政策保持不变以及疫苗推出后经济持续复苏的预期和确认推动了这些历史高点，但我们确实认为短期内波动性将会收紧。”，Axs投资公司首席执行官。</blockquote></p><p>A raft of upbeat earnings also helped stocks, and S&amp;P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p><blockquote>大量乐观的盈利也帮助了股市，根据Refinitiv的数据，目前预计标普500第一季度盈利同比增长50.4%，这将是自2010年第一季度以来的最高增长率。</blockquote></p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p><blockquote>支付公司<a href=\"https://laohu8.com/S/SQ\">平方</a>Inc SQ.N在公布好于预期的季度利润后上涨4.2%，因为对比特币的需求激增推动了其应用程序上的加密货币交易激增。（全文）</blockquote></p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><blockquote>流媒体设备制造商<a href=\"https://laohu8.com/S/ROKU\">Roku公司</a>ROKU.O因收入前景乐观而上涨11.5%，而健身器材制造商Peloton Interactive Inc PTON.O因采取措施提高设备安全性而上涨。（全文）（全文）</blockquote></p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p><blockquote><a href=\"https://laohu8.com/S/EXPE\">Expedia</a>Group Inc EXPE.O股价上涨5.2%，分析师在该公司公布乐观业绩后上调了目标价。</blockquote></p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为3.27比1；在纳斯达克，2.12比1的比率有利于上涨者。</blockquote></p><p>The S&amp;P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p><blockquote>标普500创下164个52周新高，<a href=\"https://laohu8.com/S/AONE\">一</a>新低；纳斯达克综合指数录得164个新高和64个新低。</blockquote></p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.</p><p><blockquote>美国交易所成交量为102.3亿股，而过去20个交易日全交易日平均成交量为101.1亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","MSFT":"微软","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","OEX":"标普100","EXPE":"Expedia","SPXU":"三倍做空标普500ETF-ProShares","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares",".IXIC":"NASDAQ Composite","AAPL":"苹果","SSO":"2倍做多标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares",".DJI":"道琼斯",".SPX":"S&P 500 Index","ROKU":"Roku Inc"},"source_url":"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120904578","content_text":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job growth unexpectedly slowed in April, likely restrained by shortages of workers, the Labor Department report showed.The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.Heavily-weighted growth stocks such as Microsoft Corp MSFT.O and Apple Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&P 500 and Nasdaq their biggest boosts.But gains were broad-based, with all major S&P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.A raft of upbeat earnings also helped stocks, and S&P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.Payments firm Square Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)Streaming device maker Roku Inc ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)Expedia Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.The S&P 500 posted 164 new 52-week highs and one new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SSO":0.9,"AAPL":0.9,"MSFT":0.9,"IVV":0.9,"OEF":0.9,"UPRO":0.9,".SPX":0.9,"SPY":0.9,".IXIC":0.9,"OEX":0.9,"SDS":0.9,"SH":0.9,".DJI":0.9,"EXPE":0.9,"SQ":0.9,"ESmain":0.9,"ROKU":0.9,"SPXU":0.9}},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":698906072,"gmtCreate":1640271237633,"gmtModify":1640271237710,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698906072","repostId":"1177863167","repostType":4,"repost":{"id":"1177863167","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640270946,"share":"https://www.laohu8.com/m/news/1177863167?lang=zh_CN&edition=full","pubTime":"2021-12-23 22:49","market":"us","language":"en","title":"Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1177863167","media":"Tiger Newspress","summary":"Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 b","content":"<p>Tencent&nbsp;ADR&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/5c64eef1168fcdac16b6cdfe487310c5\" tg-width=\"707\" tg-height=\"595\" width=\"100%\" height=\"auto\">Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).</p><p><blockquote>腾讯控股ADR早盘涨超4%。腾讯控股周四表示，将把价值1276.9亿港元（合163.7亿美元）的京东股份转让给股东，将其在这家中国第二大电子商务公司的持股比例从目前的17%左右削减至2.3%，并失去京东最大股东的地位。沃尔玛（WMT.N）。</blockquote></p><p> The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.</p><p><blockquote>2014年首次投资京东的微信所有者表示，鉴于这家电子商务公司已经达到了可以自筹资金增长的阶段，现在是撤资的最佳时机。</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>Tencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</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\">\nTencent ADR rose more than 4% in early trading<blockquote>腾讯控股ADR早盘涨超4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-23 22:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tencent&nbsp;ADR&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%&nbsp;in&nbsp;early&nbsp;trading.<img src=\"https://static.tigerbbs.com/5c64eef1168fcdac16b6cdfe487310c5\" tg-width=\"707\" tg-height=\"595\" width=\"100%\" height=\"auto\">Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).</p><p><blockquote>腾讯控股ADR早盘涨超4%。腾讯控股周四表示，将把价值1276.9亿港元（合163.7亿美元）的京东股份转让给股东，将其在这家中国第二大电子商务公司的持股比例从目前的17%左右削减至2.3%，并失去京东最大股东的地位。沃尔玛（WMT.N）。</blockquote></p><p> The owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.</p><p><blockquote>2014年首次投资京东的微信所有者表示，鉴于这家电子商务公司已经达到了可以自筹资金增长的阶段，现在是撤资的最佳时机。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","TCEHY":"腾讯控股ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177863167","content_text":"Tencent ADR rose more than 4% in early trading.Tencent said on Thursday it will transfer HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart(WMT.N).\nThe owner of WeChat, which first invested in JD.com in 2014, said it was the right time for the divestment, given the e-commerce firm had reached a stage where it can self-finance its growth.","news_type":1,"symbols_score_info":{"TCEHY":0.9,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":2423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":166656281,"gmtCreate":1624007783143,"gmtModify":1634024201846,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/166656281","repostId":"2144172072","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136209948,"gmtCreate":1622017513084,"gmtModify":1634184625016,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/136209948","repostId":"1120785755","repostType":4,"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192116743,"gmtCreate":1621160770782,"gmtModify":1634193661711,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/192116743","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","kind":"news","pubTimestamp":1621004581,"share":"https://www.laohu8.com/m/news/1163454382?lang=zh_CN&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<p>  <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>  <b>What happened</b></p><p><blockquote><b>在再次融资后，AMC投资者有理由更加乐观。</b><b>发生了什么</b></blockquote></p><p> A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p><p><blockquote>一天后<b>AMC院线控股</b>（纽约证券交易所代码：AMC）</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Yesterday's jump came after the company announcedit raised $428 million</p><p><blockquote>昨天的股价上涨是在该公司宣布筹集4.28亿美元后发生的</blockquote></p><p> First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p><p><blockquote>首先，美国疾病控制和预防中心（CDC）发布了一份关于当前健康和安全协议的新声明，称完全接种疫苗的人可以在不戴口罩或保持身体距离的情况下恢复活动，包括在室内。</blockquote></p><p> This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p><p><blockquote>这将使电影院能够满负荷开放，并成为接种疫苗的电影顾客的理想目的地。同样在昨天，<b>迪斯尼</b>（纽约证券交易所股票代码：DIS）宣布了季度收益报告，首席执行官鲍勃·查佩克指出“我们工作室的产量有所增加”。虽然这对影院运营商来说是积极的，但迪士尼也报告称其流媒体服务的用户增长令人失望。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p><p><blockquote>流媒体订阅量的下降对影院业务来说可能是一个积极的信号。随着疫苗接种的继续推广，以及疾病预防控制中心现在正式批准在不戴口罩的情况下与人群聚集在室内，剧院的上座率可能会很快恢复。</blockquote></p><p> Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</p><p><blockquote>疫苗接种将促使人们回到户外活动。在一年多的时间里，电影院可能会成为人们最喜欢的目的地。在另一次融资之后，AMC投资者可能认为这家公司终于有了一条充满希望的未来之路。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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 AMC Entertainment Stock Jumped Again Friday<blockquote>为什么AMC院线股价周五再次上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-05-14 23:03</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>  <b>What happened</b></p><p><blockquote><b>在再次融资后，AMC投资者有理由更加乐观。</b><b>发生了什么</b></blockquote></p><p> A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p><p><blockquote>一天后<b>AMC院线控股</b>（纽约证券交易所代码：AMC）</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Yesterday's jump came after the company announcedit raised $428 million</p><p><blockquote>昨天的股价上涨是在该公司宣布筹集4.28亿美元后发生的</blockquote></p><p> First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p><p><blockquote>首先，美国疾病控制和预防中心（CDC）发布了一份关于当前健康和安全协议的新声明，称完全接种疫苗的人可以在不戴口罩或保持身体距离的情况下恢复活动，包括在室内。</blockquote></p><p> This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p><p><blockquote>这将使电影院能够满负荷开放，并成为接种疫苗的电影顾客的理想目的地。同样在昨天，<b>迪斯尼</b>（纽约证券交易所股票代码：DIS）宣布了季度收益报告，首席执行官鲍勃·查佩克指出“我们工作室的产量有所增加”。虽然这对影院运营商来说是积极的，但迪士尼也报告称其流媒体服务的用户增长令人失望。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p><p><blockquote>流媒体订阅量的下降对影院业务来说可能是一个积极的信号。随着疫苗接种的继续推广，以及疾病预防控制中心现在正式批准在不戴口罩的情况下与人群聚集在室内，剧院的上座率可能会很快恢复。</blockquote></p><p> Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</p><p><blockquote>疫苗接种将促使人们回到户外活动。在一年多的时间里，电影院可能会成为人们最喜欢的目的地。在另一次融资之后，AMC投资者可能认为这家公司终于有了一条充满希望的未来之路。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Motley 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":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":604341968,"gmtCreate":1639354721573,"gmtModify":1639354721699,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604341968","repostId":"1155743884","repostType":4,"repost":{"id":"1155743884","kind":"news","pubTimestamp":1639353588,"share":"https://www.laohu8.com/m/news/1155743884?lang=zh_CN&edition=full","pubTime":"2021-12-13 07:59","market":"us","language":"en","title":"Taper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1155743884","media":"seekingalpha","summary":"Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicke","content":"<p> Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicken its pace to taper asset purchases, setting the stage for an earlier rate increase when the central banks' policymakers meet on Tuesday and Wednesday.</p><p><blockquote>上周的消费者通胀数据强化了美联储将加快缩减资产购买步伐的说法，为央行政策制定者周二和周三开会时提前加息奠定了基础。</blockquote></p><p> Investors will also gain insight on the central bankers' expectations for when rates will rise with the release of the \"Summary of Economic Projections,\" especially the closely watched \"dot-plot.\"</p><p><blockquote>随着“经济预测摘要”的发布，尤其是备受关注的“点阵图”，投资者还将深入了解央行官员对何时加息的预期。</blockquote></p><p> Expect to see a change in timing for winding down its purchases of Treasurys and mortgage-backed securities. At their November meeting, the Fed said it planned to reduce purchases by $15B per month, setting a pace to end the purchases in mid-2022.</p><p><blockquote>预计逐步减少购买美国国债和抵押贷款支持证券的时间会发生变化。在11月的会议上，美联储表示计划每月减少15B美元的购买，为2022年中期结束购买设定了步伐。</blockquote></p><p> Fed Chair Jerome Powell has already said it's time to talk about speeding up the taper by a few months. \"At this point, the economy is very strong\" and inflation is elevated, he said at his testimony in Congress on Nov. 30.</p><p><blockquote>美联储主席杰罗姆·鲍威尔已经表示，是时候讨论将缩减规模加快几个月了。他11月30日在国会作证时表示，“目前经济非常强劲”，通胀也很高。</blockquote></p><p> Since those comments, the November jobs and inflation numbers have come out. The jobs report presented mixed signals, with the number of jobs created last month far below the consensus, but the unemployment rate better than expected (at 4.2%, approaching its prepandemic rate of 3.5%) and an improved labor force participation rate.</p><p><blockquote>自这些评论发表以来，11月份的就业和通胀数据已经公布。就业报告给出了喜忧参半的信号，上个月创造的就业岗位数量远低于共识，但失业率好于预期（4.2%，接近疫情前3.5%的水平），劳动力参与率也有所改善。</blockquote></p><p> The consumer price index, which gauges inflation, jumped the most in 39 years in November, but came in about as expected. Especially with the jobs number, keep in mind that month-to-month numbers can be volatile. For example, the number of jobs created in November could be revised up when the December numbers come out in early January.</p><p><blockquote>衡量通胀的消费者价格指数11月份出现39年来最大涨幅，但与预期大致相同。尤其是就业数字，请记住，逐月的数字可能会波动。例如，当1月初公布12月份的数据时，11月份创造的就业岗位数量可能会被上调。</blockquote></p><p> The inflation report \"confirms that the Fed is on track to begin hiking rates at some point next year,\" Sarah House, senior economist at Wells Fargo told Bloomberg News. \"I think this keeps them on track to see the dots move up pretty notably when we get the forecast next week.\"</p><p><blockquote>富国银行高级经济学家莎拉·豪斯(Sarah House)告诉彭博新闻社，通胀报告“证实美联储有望在明年某个时候开始加息”。“我认为这使他们能够在下周得到预测时看到这些点显着上升。”</blockquote></p><p> The strong November CPI data \"only solidify the case for a faster tapering of asset purchases,\" Rubeela Farooqi, Highway Frequency Economics' chief U.S. economist, told Reuters. \"More important will be Chair Powell's message on tightening of policy going forward.\"</p><p><blockquote>Highway Frequency Economics首席美国经济学家鲁比拉·法鲁奇(Rubeela Farooqi)对路透社表示，强劲的11月CPI数据“只会巩固更快缩减资产购买的理由”。“更重要的是鲍威尔主席关于未来收紧政策的信息。”</blockquote></p><p> \"I think that their plan right now probably is three rate hikes next year, four rate hikes in 2023,\" David Kelly, J.P. Morgan Asset Management chief global strategist, said in an interview on Bloomberg Television.</p><p><blockquote>摩根大通资产管理首席全球策略师David Kelly在接受彭博电视台采访时表示：“我认为他们现在的计划可能是明年加息三次，2023年加息四次。”</blockquote></p><p> In the September meeting dot-plot, most Fed officials expected the first rate increase in 2023, with a few pulling the first rate hike to 2022.</p><p><blockquote>在9月会议点阵图中，大多数美联储官员预计2023年首次加息，少数官员将首次加息推迟到2022年。</blockquote></p><p> The federal funds rate target range currently stands at 0.0%-0.25%. The central bankers said it expected to increase its Treasury holdings by at least $60B per month and increase it agency MBS holdings by at least $30B month, down from its prior pace of $80B of Treasurys and $40B of MBS in October.</p><p><blockquote>联邦基金利率目标区间目前为0.0%-0.25%。央行行长们表示，预计每月将至少增加600亿美元的国债持有量，每月将至少增加300亿美元的it机构MBS持有量，低于10月份800亿美元的国债和400亿美元的MBS持有量。</blockquote></p><p> The CME FedWatch tool shows that more traders are pulling up their expectation for a rate hike. The probability of a 25-50 basis-point rate hike for the March meeting rises to 34.2%, up from a 25.9% probability a week ago.</p><p><blockquote>CME FedWatch工具显示，更多交易员正在上调加息预期。3月会议加息25-50个基点的概率升至34.2%，高于一周前的25.9%。</blockquote></p><p> The probability of a 25-50 bps hike in May increased to 43.2% from 38.4% a week ago, and there's a 13.1% probability of a 50-75 bps increase.</p><p><blockquote>5月份加息25-50个基点的概率从一周前的38.4%上升至43.2%，加息50-75个基点的概率为13.1%。</blockquote></p><p> SGH Macro Advisors Chief U.S. Economist Tim Duy sees a \"high probability that the Fed hikes rates in March,\" although he doesn't expect the policymakers will pencil in that timeline on the dot-plot. \"Where the Fed is now and where the Fed is in three months are two different things,\" he wrote in a note dated Dec. 7.</p><p><blockquote>SGH Macro Advisors首席美国经济学家Tim Duy认为“美联储很有可能在3月份加息”，尽管他预计政策制定者不会在点阵图上写下这一时间表。他在12月7日的一份报告中写道：“美联储现在的处境和三个月后的处境是两回事。”</blockquote></p><p> SA contributor John M. Mason sees complications in the Fed's taper due to the massive amounts of reverse repurchase agreements it has used to keep the effective federal funds rate positive.</p><p><blockquote>SA撰稿人约翰·M·梅森(John M.Mason)认为，由于美联储使用大量逆回购协议来保持有效联邦基金利率为正值，美联储缩减规模会变得复杂。</blockquote></p><p></p>","source":"lsy1638401102509","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>Taper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</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\">\nTaper pace and path to liftoff set the themes for Fed meeting this week<blockquote>缩减步伐和起飞路径为本周美联储会议设定了主题</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-12-13 07:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p> Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicken its pace to taper asset purchases, setting the stage for an earlier rate increase when the central banks' policymakers meet on Tuesday and Wednesday.</p><p><blockquote>上周的消费者通胀数据强化了美联储将加快缩减资产购买步伐的说法，为央行政策制定者周二和周三开会时提前加息奠定了基础。</blockquote></p><p> Investors will also gain insight on the central bankers' expectations for when rates will rise with the release of the \"Summary of Economic Projections,\" especially the closely watched \"dot-plot.\"</p><p><blockquote>随着“经济预测摘要”的发布，尤其是备受关注的“点阵图”，投资者还将深入了解央行官员对何时加息的预期。</blockquote></p><p> Expect to see a change in timing for winding down its purchases of Treasurys and mortgage-backed securities. At their November meeting, the Fed said it planned to reduce purchases by $15B per month, setting a pace to end the purchases in mid-2022.</p><p><blockquote>预计逐步减少购买美国国债和抵押贷款支持证券的时间会发生变化。在11月的会议上，美联储表示计划每月减少15B美元的购买，为2022年中期结束购买设定了步伐。</blockquote></p><p> Fed Chair Jerome Powell has already said it's time to talk about speeding up the taper by a few months. \"At this point, the economy is very strong\" and inflation is elevated, he said at his testimony in Congress on Nov. 30.</p><p><blockquote>美联储主席杰罗姆·鲍威尔已经表示，是时候讨论将缩减规模加快几个月了。他11月30日在国会作证时表示，“目前经济非常强劲”，通胀也很高。</blockquote></p><p> Since those comments, the November jobs and inflation numbers have come out. The jobs report presented mixed signals, with the number of jobs created last month far below the consensus, but the unemployment rate better than expected (at 4.2%, approaching its prepandemic rate of 3.5%) and an improved labor force participation rate.</p><p><blockquote>自这些评论发表以来，11月份的就业和通胀数据已经公布。就业报告给出了喜忧参半的信号，上个月创造的就业岗位数量远低于共识，但失业率好于预期（4.2%，接近疫情前3.5%的水平），劳动力参与率也有所改善。</blockquote></p><p> The consumer price index, which gauges inflation, jumped the most in 39 years in November, but came in about as expected. Especially with the jobs number, keep in mind that month-to-month numbers can be volatile. For example, the number of jobs created in November could be revised up when the December numbers come out in early January.</p><p><blockquote>衡量通胀的消费者价格指数11月份出现39年来最大涨幅，但与预期大致相同。尤其是就业数字，请记住，逐月的数字可能会波动。例如，当1月初公布12月份的数据时，11月份创造的就业岗位数量可能会被上调。</blockquote></p><p> The inflation report \"confirms that the Fed is on track to begin hiking rates at some point next year,\" Sarah House, senior economist at Wells Fargo told Bloomberg News. \"I think this keeps them on track to see the dots move up pretty notably when we get the forecast next week.\"</p><p><blockquote>富国银行高级经济学家莎拉·豪斯(Sarah House)告诉彭博新闻社，通胀报告“证实美联储有望在明年某个时候开始加息”。“我认为这使他们能够在下周得到预测时看到这些点显着上升。”</blockquote></p><p> The strong November CPI data \"only solidify the case for a faster tapering of asset purchases,\" Rubeela Farooqi, Highway Frequency Economics' chief U.S. economist, told Reuters. \"More important will be Chair Powell's message on tightening of policy going forward.\"</p><p><blockquote>Highway Frequency Economics首席美国经济学家鲁比拉·法鲁奇(Rubeela Farooqi)对路透社表示，强劲的11月CPI数据“只会巩固更快缩减资产购买的理由”。“更重要的是鲍威尔主席关于未来收紧政策的信息。”</blockquote></p><p> \"I think that their plan right now probably is three rate hikes next year, four rate hikes in 2023,\" David Kelly, J.P. Morgan Asset Management chief global strategist, said in an interview on Bloomberg Television.</p><p><blockquote>摩根大通资产管理首席全球策略师David Kelly在接受彭博电视台采访时表示：“我认为他们现在的计划可能是明年加息三次，2023年加息四次。”</blockquote></p><p> In the September meeting dot-plot, most Fed officials expected the first rate increase in 2023, with a few pulling the first rate hike to 2022.</p><p><blockquote>在9月会议点阵图中，大多数美联储官员预计2023年首次加息，少数官员将首次加息推迟到2022年。</blockquote></p><p> The federal funds rate target range currently stands at 0.0%-0.25%. The central bankers said it expected to increase its Treasury holdings by at least $60B per month and increase it agency MBS holdings by at least $30B month, down from its prior pace of $80B of Treasurys and $40B of MBS in October.</p><p><blockquote>联邦基金利率目标区间目前为0.0%-0.25%。央行行长们表示，预计每月将至少增加600亿美元的国债持有量，每月将至少增加300亿美元的it机构MBS持有量，低于10月份800亿美元的国债和400亿美元的MBS持有量。</blockquote></p><p> The CME FedWatch tool shows that more traders are pulling up their expectation for a rate hike. The probability of a 25-50 basis-point rate hike for the March meeting rises to 34.2%, up from a 25.9% probability a week ago.</p><p><blockquote>CME FedWatch工具显示，更多交易员正在上调加息预期。3月会议加息25-50个基点的概率升至34.2%，高于一周前的25.9%。</blockquote></p><p> The probability of a 25-50 bps hike in May increased to 43.2% from 38.4% a week ago, and there's a 13.1% probability of a 50-75 bps increase.</p><p><blockquote>5月份加息25-50个基点的概率从一周前的38.4%上升至43.2%，加息50-75个基点的概率为13.1%。</blockquote></p><p> SGH Macro Advisors Chief U.S. Economist Tim Duy sees a \"high probability that the Fed hikes rates in March,\" although he doesn't expect the policymakers will pencil in that timeline on the dot-plot. \"Where the Fed is now and where the Fed is in three months are two different things,\" he wrote in a note dated Dec. 7.</p><p><blockquote>SGH Macro Advisors首席美国经济学家Tim Duy认为“美联储很有可能在3月份加息”，尽管他预计政策制定者不会在点阵图上写下这一时间表。他在12月7日的一份报告中写道：“美联储现在的处境和三个月后的处境是两回事。”</blockquote></p><p> SA contributor John M. Mason sees complications in the Fed's taper due to the massive amounts of reverse repurchase agreements it has used to keep the effective federal funds rate positive.</p><p><blockquote>SA撰稿人约翰·M·梅森(John M.Mason)认为，由于美联储使用大量逆回购协议来保持有效联邦基金利率为正值，美联储缩减规模会变得复杂。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3779240-taper-pace-and-path-to-liftoff-set-to-the-themes-for-fed-meeting-this-week\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/news/3779240-taper-pace-and-path-to-liftoff-set-to-the-themes-for-fed-meeting-this-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155743884","content_text":"Last week's consumer inflation reading reinforces the narrative that the Federal Reserve will quicken its pace to taper asset purchases, setting the stage for an earlier rate increase when the central banks' policymakers meet on Tuesday and Wednesday.\nInvestors will also gain insight on the central bankers' expectations for when rates will rise with the release of the \"Summary of Economic Projections,\" especially the closely watched \"dot-plot.\"\nExpect to see a change in timing for winding down its purchases of Treasurys and mortgage-backed securities. At their November meeting, the Fed said it planned to reduce purchases by $15B per month, setting a pace to end the purchases in mid-2022.\nFed Chair Jerome Powell has already said it's time to talk about speeding up the taper by a few months. \"At this point, the economy is very strong\" and inflation is elevated, he said at his testimony in Congress on Nov. 30.\nSince those comments, the November jobs and inflation numbers have come out. The jobs report presented mixed signals, with the number of jobs created last month far below the consensus, but the unemployment rate better than expected (at 4.2%, approaching its prepandemic rate of 3.5%) and an improved labor force participation rate.\nThe consumer price index, which gauges inflation, jumped the most in 39 years in November, but came in about as expected. Especially with the jobs number, keep in mind that month-to-month numbers can be volatile. For example, the number of jobs created in November could be revised up when the December numbers come out in early January.\nThe inflation report \"confirms that the Fed is on track to begin hiking rates at some point next year,\" Sarah House, senior economist at Wells Fargo told Bloomberg News. \"I think this keeps them on track to see the dots move up pretty notably when we get the forecast next week.\"\nThe strong November CPI data \"only solidify the case for a faster tapering of asset purchases,\" Rubeela Farooqi, Highway Frequency Economics' chief U.S. economist, told Reuters. \"More important will be Chair Powell's message on tightening of policy going forward.\"\n\"I think that their plan right now probably is three rate hikes next year, four rate hikes in 2023,\" David Kelly, J.P. Morgan Asset Management chief global strategist, said in an interview on Bloomberg Television.\nIn the September meeting dot-plot, most Fed officials expected the first rate increase in 2023, with a few pulling the first rate hike to 2022.\nThe federal funds rate target range currently stands at 0.0%-0.25%. The central bankers said it expected to increase its Treasury holdings by at least $60B per month and increase it agency MBS holdings by at least $30B month, down from its prior pace of $80B of Treasurys and $40B of MBS in October.\nThe CME FedWatch tool shows that more traders are pulling up their expectation for a rate hike. The probability of a 25-50 basis-point rate hike for the March meeting rises to 34.2%, up from a 25.9% probability a week ago.\nThe probability of a 25-50 bps hike in May increased to 43.2% from 38.4% a week ago, and there's a 13.1% probability of a 50-75 bps increase.\nSGH Macro Advisors Chief U.S. Economist Tim Duy sees a \"high probability that the Fed hikes rates in March,\" although he doesn't expect the policymakers will pencil in that timeline on the dot-plot. \"Where the Fed is now and where the Fed is in three months are two different things,\" he wrote in a note dated Dec. 7.\nSA contributor John M. Mason sees complications in the Fed's taper due to the massive amounts of reverse repurchase agreements it has used to keep the effective federal funds rate positive.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862443897,"gmtCreate":1632905933843,"gmtModify":1632905933990,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like my article","listText":"like my article","text":"like my article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/862443897","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","kind":"news","pubTimestamp":1632882697,"share":"https://www.laohu8.com/m/news/1198528044?lang=zh_CN&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</li><li>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</li><li>虽然在融化持续期间利用它是至关重要的，但不要过于自满“这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从我的同事那里收到的问题<i>少废话投资。</i>考虑到投资者认为的持续增长，这是一个很好的问题<i>“没有风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个准确定义什么是融化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>他说：“熔断是指一项资产或资产类别的投资表现持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至，</b></i><i>而不是经济的根本改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期接近顶峰时，投资者会被潜在的繁荣所席卷。这种繁荣滋生了“合理化”，即“这次不同了”。那么，你如何知道市场目前是繁荣的呢？通过情绪交易者：”</i><i>这种类型的市场活动表明市场已经回到了“热情”阶段。其特征在于：</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>宽松信贷（太宽松，条款宽松）</i></b></li><li><b><i>首次和二次发行热潮</i></b></li><li><b><i>风险股跑赢大盘</i></b></li><li><b><i>估值过高</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象某事通常比解释它更容易。<b>自1900年以来，只有两个市场时期符合熔化的条件：1920-1929年和1995-2000年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前从2020年3月低点的上涨进行比较。我们再次看到非常相似的价格大幅上涨和估值飙升。正如预期的那样，投资者目前希望未来收益将大幅上涨，足以证明当前价格的合理性。然而，支付高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值指标略有不同。它显示了当前与长期指数增长趋势的背离。毫不奇怪，在市场期间<i>“融化。”</i>与估值加速相匹配的增长趋势出现了快速背离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场的问题<i>“融化”</i>不是融化本身，而是随之而来的一切。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在熔断期间，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度杠杆，试图利用价格的快速上涨，基本面让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化都是关于<i>“心理学。”</i><b>从历史上看，无论引发忽视风险的催化剂是什么，都很容易在价格和估值的相应飙升中看到。</b>下图显示了相对强度、偏差和估值的长期偏差。上一篇<i>“融化”</i>与目前的进展相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于目前的延期仅与历史上少数罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>普遍的心理总是“这次不一样了”。</i></b></li><li><b><i>估值被驳回，以换取动量和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似“输不起”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，不可避免的是，“融化”以最糟糕的结果告终。</i></b></li></ol>必须认识到市场正处于<i>“融化，</i>“而且该事件的持续时间是未知的。因此，投资者需要一种策略来参与提前并减轻最终的损失<i>“熔化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如上所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理作用，它们可以持续更长时间，走得比逻辑预测的更远。需要什么“<i>结束“</i>融化是一种意想不到的外生事件，它将心理从看涨转变为看跌。这就是人们蜂拥退出的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场上涨。但是，当然，困难的部分是在不可避免地发生调整时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我提供了我们采用的流程的总体概述。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（当市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>（非相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利了结</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>出售落后者</b></i><i>和失败者</i>.<i>（如果某些东西在市场融化时不起作用，那么在广泛下跌时很可能也不会起作用。最好尽早消除风险。）</i></li><li><i><b>筹集现金</b></i><i>并重新平衡投资组合以达到目标权重。（定期重新平衡风险可以在一定程度上减轻隐藏的风险。）</i></li></ol><b>注意，里面没有任何东西说，</b><b><i>“卖掉所有东西，去兑现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间来筹集大量现金。一个好的投资组合管理策略会自动确保<i>“止损”</i>当出售开始时，水平被触发，风险减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然有必要在融化持续期间利用它，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Technically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTechnically Speaking: Is The Market \"Melting-Up?\"<blockquote>从技术上讲：市场正在“融化”吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-29 10:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>  <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>  <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li> </ul> Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p><p><blockquote><ul><li>鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</li><li>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</li><li>虽然在融化持续期间利用它是至关重要的，但不要过于自满“这次不同了”。</li></ul>是<i>“市场融化？”</i>这是我从我的同事那里收到的问题<i>少废话投资。</i>考虑到投资者认为的持续增长，这是一个很好的问题<i>“没有风险”</i>市场。</blockquote></p><p> Of course, we need a definition of precisely what constitutes a melt-up.</p><p><blockquote>当然，我们需要一个准确定义什么是融化。</blockquote></p><p>   <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>  <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>  <i>rather than by fundamental improvements in the economy.“</i>–  <i>Investopedia</i>  Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p><p><blockquote><i>他说：“熔断是指一项资产或资产类别的投资表现持续且往往出乎意料的改善，部分原因是</i><i><b>不想错过其上涨机会的投资者蜂拥而至，</b></i><i>而不是经济的根本改善。”</i>–<i>投资百科</i>目前，有足够的证据支持市场繁荣的观点。<b><i>如前所述：</i></b></blockquote></p><p>   <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>    <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>  <ul>  <li><b><i>High optimism</i></b></li>  <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>  <li><b><i>A rush of initial and secondary offerings</i></b></li>  <li><b><i>Risky stocks outperforming</i></b></li>  <li><b><i>Stretched valuations</i></b></li> </ul> <img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote><i>“在市场周期接近顶峰时，投资者会被潜在的繁荣所席卷。这种繁荣滋生了“合理化”，即“这次不同了”。那么，你如何知道市场目前是繁荣的呢？通过情绪交易者：”</i><i>这种类型的市场活动表明市场已经回到了“热情”阶段。其特征在于：</i><ul><li><b><i>高度乐观</i></b></li><li><b><i>宽松信贷（太宽松，条款宽松）</i></b></li><li><b><i>首次和二次发行热潮</i></b></li><li><b><i>风险股跑赢大盘</i></b></li><li><b><i>估值过高</i></b></li></ul></blockquote></p><p> However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p><p><blockquote>然而，虽然人们会期望个人在这样的环境中表现出谨慎，但事实恰恰相反。鉴于美联储正在进行的资产负债表操作，投资者完全相信他们有能力免受经济衰退的影响。</blockquote></p><p> <b>A Visualization Of A Market Melting-Up</b></p><p><blockquote><b>市场融化的可视化</b></blockquote></p><p> It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p><p><blockquote>想象某事通常比解释它更容易。<b>自1900年以来，只有两个市场时期符合熔化的条件：1920-1929年和1995-2000年。</b>下图显示了这两个时期的价格。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p><p><blockquote>然而，估值的大幅上涨也直观地体现了这种融化。这一点至关重要，因为盈利增长速度不足以支撑价格上涨。<b>与往常一样，投资大众相信未来的收益将证明在融化期间价格上涨是合理的。从来都不是那样的。</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p><p><blockquote>我们可以将前两个时期与当前从2020年3月低点的上涨进行比较。我们再次看到非常相似的价格大幅上涨和估值飙升。正如预期的那样，投资者目前希望未来收益将大幅上涨，足以证明当前价格的合理性。然而，支付高价的理由是美联储持续的资产负债表扩张。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p><p><blockquote>下图显示，价格上涨和估值指标略有不同。它显示了当前与长期指数增长趋势的背离。毫不奇怪，在市场期间<i>“融化。”</i>与估值加速相匹配的增长趋势出现了快速背离。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p><p><blockquote>市场的问题<i>“融化”</i>不是融化本身，而是随之而来的一切。</blockquote></p><p> <b>Melting-Up Leads To Melting-Down</b></p><p><blockquote><b>熔化导致熔化</b></blockquote></p><p> A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p><p><blockquote>市场融化持续下去是令人兴奋的。在熔断期间，投资者开始合理化原因<i>“这次不一样。”</i>他们开始过度杠杆，试图利用价格的快速上涨，基本面让位于价格动能。</blockquote></p><p></p><p> Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p><p><blockquote>市场融化都是关于<i>“心理学。”</i><b>从历史上看，无论引发忽视风险的催化剂是什么，都很容易在价格和估值的相应飙升中看到。</b>下图显示了相对强度、偏差和估值的长期偏差。上一篇<i>“融化”</i>与目前的进展相比，时期应该很容易发现。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p><p><blockquote>鉴于目前的延期仅与历史上少数罕见的时期相匹配，有几点应该是显而易见的。</blockquote></p><p> <ol>  <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>  <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>  <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>  <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>  <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li> </ol> It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p><p><blockquote><ol><li><b><i>融化的时间可能比逻辑预测的要长。</i></b></li><li><b><i>普遍的心理总是“这次不一样了”。</i></b></li><li><b><i>估值被驳回，以换取动量和前瞻性预期的衡量标准。</i></b></li><li><b><i>投资者为了参与一个看似“输不起”的市场，承担了过多的杠杆和风险。</i></b></li><li><b><i>最后，不可避免的是，“融化”以最糟糕的结果告终。</i></b></li></ol>必须认识到市场正处于<i>“融化，</i>“而且该事件的持续时间是未知的。因此，投资者需要一种策略来参与提前并减轻最终的损失<i>“熔化。”</i></blockquote></p><p> <b>Surviving The Melt-Up</b></p><p><blockquote><b>在融化中幸存下来</b></blockquote></p><p> <b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p><p><blockquote><b>如上所述，这些都不意味着下一个</b><b><i>“熊市”</i></b><b>正在潜伏。</b>鉴于市场融化是心理作用，它们可以持续更长时间，走得比逻辑预测的更远。需要什么“<i>结束“</i>融化是一种意想不到的外生事件，它将心理从看涨转变为看跌。这就是人们蜂拥退出的时候，价格会迅速下跌。</blockquote></p><p> As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p><p><blockquote>因此，投资者需要一套指导方针来参与市场上涨。但是，当然，困难的部分是在不可避免地发生调整时保持这些收益。</blockquote></p><p> As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p><p><blockquote>作为客户的投资组合经理，这正是我们必须采取的方法。因此，我提供了我们采用的流程的总体概述。</blockquote></p><p> <ol>  <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>  <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>  <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>  <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>  <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li> </ol> <b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p><p><blockquote><ol><li><i><b>收紧止损水平</b></i><i>每个头寸的当前支撑位。（当市场反转时提供可识别的退出点。）</i></li><li><i><b>对冲投资组合</b></i><i>（非相关资产、空头市场头寸、指数看跌期权）</i></li><li><i><b>获利了结</b></i><i>在已经成为大赢家的头寸中（重新平衡超买或扩展头寸以获取收益，但继续参与上涨。）</i></li><li><i><b>出售落后者</b></i><i>和失败者</i>.<i>（如果某些东西在市场融化时不起作用，那么在广泛下跌时很可能也不会起作用。最好尽早消除风险。）</i></li><li><i><b>筹集现金</b></i><i>并重新平衡投资组合以达到目标权重。（定期重新平衡风险可以在一定程度上减轻隐藏的风险。）</i></li></ol><b>注意，里面没有任何东西说，</b><b><i>“卖掉所有东西，去兑现。”</i></b></blockquote></p><p> There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p><p><blockquote>将会有一段时间来筹集大量现金。一个好的投资组合管理策略会自动确保<i>“止损”</i>当出售开始时，水平被触发，风险减少，现金水平上升。</blockquote></p><p> While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p><p><blockquote>虽然有必要在融化持续期间利用它，但不要过于自满<i>“这次不一样。”</i></blockquote></p><p> It likely isn’t.</p><p><blockquote>很可能不是。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":113066058,"gmtCreate":1622586822674,"gmtModify":1634100326373,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment&nbsp;","listText":"like and comment&nbsp;","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/113066058","repostId":"2138889344","repostType":4,"repost":{"id":"2138889344","kind":"news","pubTimestamp":1622546894,"share":"https://www.laohu8.com/m/news/2138889344?lang=zh_CN&edition=full","pubTime":"2021-06-01 19:28","market":"us","language":"en","title":"Zoom Video to Report Q1 Earnings: What's in the Cards?<blockquote>Zoom Video将报告第一季度收益：前景如何？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2138889344","media":"Zacks","summary":"Zoom Video Communications is set to report first-quarter fiscal 2022 results on Jun 1.For the quarte","content":"<p><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b> is set to report first-quarter fiscal 2022 results on Jun 1.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a>视频通信</b>定于6月1日公布2022财年第一季度业绩。</blockquote></p><p>For the quarter, the company expects non-GAAP earnings between 95 cents and 97 cents per share. Total revenues are expected between $900 million and $905 million.</p><p><blockquote>该公司预计本季度非GAAP每股收益在95美分至97美分之间。总收入预计在9亿美元至9.05亿美元之间。</blockquote></p><p>The Zacks Consensus Estimate for earnings stayed at 97 cents per share over the past 30 days. The company had reported earnings of 20 cents per share in the year-ago quarter.</p><p><blockquote>过去30天，Zacks对收益的一致预期保持在每股97美分。该公司报告去年同期每股收益为20美分。</blockquote></p><p>The consensus mark for revenues is pegged at $905.2 million, suggesting 175.8% growth from the figure reported in the year-ago quarter.</p><p><blockquote>收入的共识为9.052亿美元，比去年同期报告的数字增长175.8%。</blockquote></p><p><h3>Zoom Video Communications, Inc. Price and EPS Surprise</h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc75f53073be8992ce4f8cf58d4ebd0a\" tg-width=\"539\" tg-height=\"264\"><span>Zoom Video Communications, Inc. price-eps-surprise | Zoom Video Communications, Inc. Quote</span></p><p><blockquote><h3>Zoom Video通信公司。价格和每股收益惊喜</h3><p class=\"t-img-caption\"><span>Zoom Video通信公司价格-每股收益-惊喜|Zoom Video通信公司报价</span></p></blockquote></p><p>Zoom’s earnings beat the Zacks Consensus Estimate in all of the past four quarters, the average surprise being 73.2%.</p><p><blockquote>Zoom的收益在过去四个季度都超过了Zacks的普遍预期，平均意外率为73.2%。</blockquote></p><p>Let’s see how things have shaped up for this announcement.</p><p><blockquote>让我们看看这个公告的进展如何。</blockquote></p><p><h3>Factors to Watch</h3>Zoom’s fiscal first-quarter revenues are expected to have benefited from the coronavirus-induced work-from-home and online-learning wave despite the vaccination campaigns.</p><p><blockquote><h3>值得关注的因素</h3>尽管开展了疫苗接种活动，但Zoom第一财季的收入预计仍将受益于冠状病毒引发的在家工作和在线学习浪潮。</blockquote></p><p>Notably, the company’s freemium business model helps it win customers rapidly, whom it can later convert into paying customers. Net dollar-expansion rate on a trailing twelve-month basis was more than 156% in fourth-quarter fiscal 2021. The momentum is expected to have continued in the to-be-reported quarter.</p><p><blockquote>值得注意的是，该公司的免费增值商业模式帮助其快速赢得客户，然后可以将这些客户转化为付费客户。2021财年第四季度，过去12个月的美元净增长率超过156%。预计这一势头将在即将报告的季度持续下去。</blockquote></p><p>Further, the availability of Zoom For Home, which supports remote working for business professionals, has been a key catalyst.</p><p><blockquote>此外，支持商务专业人士远程工作的Zoom For Home的可用性是一个关键的催化剂。</blockquote></p><p>Additionally, this Zacks Rank #2 (Buy) company’s strong partner base, that includes the likes of <b>Atlassian</b>, <b><a href=\"https://laohu8.com/S/NOW\">ServiceNow</a></b> and Dropbox, is expected to have benefited the company in winning enterprise customers in fiscal first quarter. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.</p><p><blockquote>此外，这家Zacks排名第二（购买）的公司拥有强大的合作伙伴基础，其中包括<b>Atlassian</b>,<b><a href=\"https://laohu8.com/S/NOW\">服务现在</a></b>和Dropbox，预计将使该公司在第一财季赢得企业客户方面受益。你可以在这里看到今天咤克斯排名第一（强力买入）股票的完整列表。</blockquote></p><p>However, Zoom Video continues to face significant competition from the likes of <b>Cisco</b>, Microsoft and Google Meet. This might have led to loss in small and medium business customers, which is likely to have hurt top-line growth.</p><p><blockquote>然而，Zoom Video继续面临来自以下公司的激烈竞争<b>思科</b>、微软和谷歌相遇。这可能会导致中小型企业客户的流失，从而可能会损害营收增长。</blockquote></p><p><h3>Key Q1 Highlights</h3>During the to-be-reported quarter, Zoom announced $100 million venture fund called Zoom Apps Fund, aimed at stimulating growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform and hardware.</p><p><blockquote><h3>第一季度主要亮点</h3>在即将报告的季度中，Zoom宣布了一项名为Zoom Apps Fund的1亿美元风险基金，旨在刺激Zoom的Zoom应用、集成、开发者平台和硬件生态系统的增长。</blockquote></p><p>Moreover, during the quarter, Zoom and Formula 1 announced that they have entered a new extensive multi-year partnership across the upcoming 2021 FIA Formula One World Championship racing season and beyond.</p><p><blockquote>此外，在本季度，Zoom和一级方程式宣布，他们已在即将到来的2021年国际汽联一级方程式世界锦标赛赛季及以后建立了新的广泛的多年合作伙伴关系。</blockquote></p><p>Further, in February, Zoom announced the availability of Zoom Rooms that will help organizations safely re-enter the office and sustain an “everywhere workforce”.</p><p><blockquote>此外，在2月份，Zoom宣布推出Zoom Rooms，这将帮助组织安全地重新进入办公室，并维持“无处不在的员工”。</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>Zoom Video to Report Q1 Earnings: What's in the Cards?<blockquote>Zoom Video将报告第一季度收益：前景如何？</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\">\nZoom Video to Report Q1 Earnings: What's in the Cards?<blockquote>Zoom Video将报告第一季度收益：前景如何？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Zacks</strong><span class=\"h-time small\">2021-06-01 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b> is set to report first-quarter fiscal 2022 results on Jun 1.</p><p><blockquote><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a>视频通信</b>定于6月1日公布2022财年第一季度业绩。</blockquote></p><p>For the quarter, the company expects non-GAAP earnings between 95 cents and 97 cents per share. Total revenues are expected between $900 million and $905 million.</p><p><blockquote>该公司预计本季度非GAAP每股收益在95美分至97美分之间。总收入预计在9亿美元至9.05亿美元之间。</blockquote></p><p>The Zacks Consensus Estimate for earnings stayed at 97 cents per share over the past 30 days. The company had reported earnings of 20 cents per share in the year-ago quarter.</p><p><blockquote>过去30天，Zacks对收益的一致预期保持在每股97美分。该公司报告去年同期每股收益为20美分。</blockquote></p><p>The consensus mark for revenues is pegged at $905.2 million, suggesting 175.8% growth from the figure reported in the year-ago quarter.</p><p><blockquote>收入的共识为9.052亿美元，比去年同期报告的数字增长175.8%。</blockquote></p><p><h3>Zoom Video Communications, Inc. Price and EPS Surprise</h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc75f53073be8992ce4f8cf58d4ebd0a\" tg-width=\"539\" tg-height=\"264\"><span>Zoom Video Communications, Inc. price-eps-surprise | Zoom Video Communications, Inc. Quote</span></p><p><blockquote><h3>Zoom Video通信公司。价格和每股收益惊喜</h3><p class=\"t-img-caption\"><span>Zoom Video通信公司价格-每股收益-惊喜|Zoom Video通信公司报价</span></p></blockquote></p><p>Zoom’s earnings beat the Zacks Consensus Estimate in all of the past four quarters, the average surprise being 73.2%.</p><p><blockquote>Zoom的收益在过去四个季度都超过了Zacks的普遍预期，平均意外率为73.2%。</blockquote></p><p>Let’s see how things have shaped up for this announcement.</p><p><blockquote>让我们看看这个公告的进展如何。</blockquote></p><p><h3>Factors to Watch</h3>Zoom’s fiscal first-quarter revenues are expected to have benefited from the coronavirus-induced work-from-home and online-learning wave despite the vaccination campaigns.</p><p><blockquote><h3>值得关注的因素</h3>尽管开展了疫苗接种活动，但Zoom第一财季的收入预计仍将受益于冠状病毒引发的在家工作和在线学习浪潮。</blockquote></p><p>Notably, the company’s freemium business model helps it win customers rapidly, whom it can later convert into paying customers. Net dollar-expansion rate on a trailing twelve-month basis was more than 156% in fourth-quarter fiscal 2021. The momentum is expected to have continued in the to-be-reported quarter.</p><p><blockquote>值得注意的是，该公司的免费增值商业模式帮助其快速赢得客户，然后可以将这些客户转化为付费客户。2021财年第四季度，过去12个月的美元净增长率超过156%。预计这一势头将在即将报告的季度持续下去。</blockquote></p><p>Further, the availability of Zoom For Home, which supports remote working for business professionals, has been a key catalyst.</p><p><blockquote>此外，支持商务专业人士远程工作的Zoom For Home的可用性是一个关键的催化剂。</blockquote></p><p>Additionally, this Zacks Rank #2 (Buy) company’s strong partner base, that includes the likes of <b>Atlassian</b>, <b><a href=\"https://laohu8.com/S/NOW\">ServiceNow</a></b> and Dropbox, is expected to have benefited the company in winning enterprise customers in fiscal first quarter. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.</p><p><blockquote>此外，这家Zacks排名第二（购买）的公司拥有强大的合作伙伴基础，其中包括<b>Atlassian</b>,<b><a href=\"https://laohu8.com/S/NOW\">服务现在</a></b>和Dropbox，预计将使该公司在第一财季赢得企业客户方面受益。你可以在这里看到今天咤克斯排名第一（强力买入）股票的完整列表。</blockquote></p><p>However, Zoom Video continues to face significant competition from the likes of <b>Cisco</b>, Microsoft and Google Meet. This might have led to loss in small and medium business customers, which is likely to have hurt top-line growth.</p><p><blockquote>然而，Zoom Video继续面临来自以下公司的激烈竞争<b>思科</b>、微软和谷歌相遇。这可能会导致中小型企业客户的流失，从而可能会损害营收增长。</blockquote></p><p><h3>Key Q1 Highlights</h3>During the to-be-reported quarter, Zoom announced $100 million venture fund called Zoom Apps Fund, aimed at stimulating growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform and hardware.</p><p><blockquote><h3>第一季度主要亮点</h3>在即将报告的季度中，Zoom宣布了一项名为Zoom Apps Fund的1亿美元风险基金，旨在刺激Zoom的Zoom应用、集成、开发者平台和硬件生态系统的增长。</blockquote></p><p>Moreover, during the quarter, Zoom and Formula 1 announced that they have entered a new extensive multi-year partnership across the upcoming 2021 FIA Formula One World Championship racing season and beyond.</p><p><blockquote>此外，在本季度，Zoom和一级方程式宣布，他们已在即将到来的2021年国际汽联一级方程式世界锦标赛赛季及以后建立了新的广泛的多年合作伙伴关系。</blockquote></p><p>Further, in February, Zoom announced the availability of Zoom Rooms that will help organizations safely re-enter the office and sustain an “everywhere workforce”.</p><p><blockquote>此外，在2月份，Zoom宣布推出Zoom Rooms，这将帮助组织安全地重新进入办公室，并维持“无处不在的员工”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zacks.com/stock/news/1619568/zoom-video-zm-to-report-q1-earnings-whats-in-the-cards?art_rec=quote-stock_overview-zacks_news-ID05-txt-1619568\">Zacks</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":{"ZM":"Zoom"},"source_url":"https://www.zacks.com/stock/news/1619568/zoom-video-zm-to-report-q1-earnings-whats-in-the-cards?art_rec=quote-stock_overview-zacks_news-ID05-txt-1619568","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138889344","content_text":"Zoom Video Communications is set to report first-quarter fiscal 2022 results on Jun 1.For the quarter, the company expects non-GAAP earnings between 95 cents and 97 cents per share. Total revenues are expected between $900 million and $905 million.The Zacks Consensus Estimate for earnings stayed at 97 cents per share over the past 30 days. The company had reported earnings of 20 cents per share in the year-ago quarter.The consensus mark for revenues is pegged at $905.2 million, suggesting 175.8% growth from the figure reported in the year-ago quarter.Zoom Video Communications, Inc. Price and EPS SurpriseZoom Video Communications, Inc. price-eps-surprise | Zoom Video Communications, Inc. QuoteZoom’s earnings beat the Zacks Consensus Estimate in all of the past four quarters, the average surprise being 73.2%.Let’s see how things have shaped up for this announcement.Factors to WatchZoom’s fiscal first-quarter revenues are expected to have benefited from the coronavirus-induced work-from-home and online-learning wave despite the vaccination campaigns.Notably, the company’s freemium business model helps it win customers rapidly, whom it can later convert into paying customers. Net dollar-expansion rate on a trailing twelve-month basis was more than 156% in fourth-quarter fiscal 2021. The momentum is expected to have continued in the to-be-reported quarter.Further, the availability of Zoom For Home, which supports remote working for business professionals, has been a key catalyst.Additionally, this Zacks Rank #2 (Buy) company’s strong partner base, that includes the likes of Atlassian, ServiceNow and Dropbox, is expected to have benefited the company in winning enterprise customers in fiscal first quarter. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.However, Zoom Video continues to face significant competition from the likes of Cisco, Microsoft and Google Meet. This might have led to loss in small and medium business customers, which is likely to have hurt top-line growth.Key Q1 HighlightsDuring the to-be-reported quarter, Zoom announced $100 million venture fund called Zoom Apps Fund, aimed at stimulating growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform and hardware.Moreover, during the quarter, Zoom and Formula 1 announced that they have entered a new extensive multi-year partnership across the upcoming 2021 FIA Formula One World Championship racing season and beyond.Further, in February, Zoom announced the availability of Zoom Rooms that will help organizations safely re-enter the office and sustain an “everywhere workforce”.","news_type":1,"symbols_score_info":{"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197987819,"gmtCreate":1621420238331,"gmtModify":1634189308826,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/197987819","repostId":"1158638540","repostType":4,"repost":{"id":"1158638540","kind":"news","pubTimestamp":1621409180,"share":"https://www.laohu8.com/m/news/1158638540?lang=zh_CN&edition=full","pubTime":"2021-05-19 15:26","market":"us","language":"en","title":"4 Things to Know Ahead of the Squarespace’s Direct Listing<blockquote>Squarespace直接上市前需要了解的4件事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158638540","media":"Barrons","summary":"The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.The company offers various tools for website creation, including domains, e-comme","content":"<p>The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.</p><p><blockquote>疫情促使许多小企业首次获得在线店面，掀起了一股电子商务浪潮，帮助网站创建平台Squarespace Inc.加速了收入增长。</blockquote></p><p> Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.</p><p><blockquote>现在，Squarespace将测试作为一家上市公司电子商务势头的弹性。其股票定于周三开始在纽约证券交易所直接上市交易，股票代码为SQSP。</blockquote></p><p> The company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.</p><p><blockquote>该公司提供各种网站创建工具，包括域名、电子商务功能和营销能力。Squarespace旨在与网络专业知识有限的小型企业以及需要更大灵活性以根据其需求进行定制的“大品牌”合作。</blockquote></p><p> Squarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in&nbsp;its filing with the Securities and Exchange Commission.</p><p><blockquote>Squarespace认为自己正在顺应许多趋势，包括企业越来越需要与客户保持直接关系，以及越来越重视自己动手的解决方案，这些解决方案“正在迅速取代昂贵的代理机构，并使同等的设计质量脱颖而出。该公司在向美国证券交易委员会提交的文件中表示，“所有人都可以访问且易于使用”。</blockquote></p><p> The company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.</p><p><blockquote>该公司在3月份的一轮融资中筹集了3亿美元，使该公司的企业估值达到100亿美元，并且在上市时没有筹集任何新的资金。以下是您需要了解的关于该公司的其他信息。</blockquote></p><p> <b>Growing Revenue, Shrinking Profits</b></p><p><blockquote><b>收入增长，利润缩水</b></blockquote></p><p> Squarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.</p><p><blockquote>Squarespace 2020年收入为6.21亿美元，高于上年同期的4.85亿美元。最近一财年的收入增长了28%，高于上一季度24%的增长率。</blockquote></p><p> The company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.</p><p><blockquote>该公司将94%的收入归类为基于订阅的收入。Squarespace在2020年增加了约70万个新的独立订阅，该公司透露，超过三分之二的总订阅是年度订阅。</blockquote></p><p> About 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.</p><p><blockquote>Squarespace去年约70%的收入来自美国，其余来自国际。</blockquote></p><p> Squarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.</p><p><blockquote>Squarespace去年实现盈利，净利润约为3060万美元，但利润低于2019年的5820万美元。MKM Partners分析师Rohit Kulkarni写道，该公司的“基本面凸显了盈利能力和大规模增长的罕见结合”。</blockquote></p><p> Despite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.</p><p><blockquote>尽管每年都实现盈利，但Squarespace在2021年第一季度净亏损1010万美元，而去年同期亏损110万美元。该公司在2020年最后三个季度均实现盈利。</blockquote></p><p> <b>Competition Aplenty</b></p><p><blockquote><b>竞争激烈</b></blockquote></p><p> The company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like&nbsp;Wix.com&nbsp;(ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse&nbsp;Shopify&nbsp;(ticker: SHOP),&nbsp;which lets businesses set up online shops.</p><p><blockquote>根据其文件，该公司与电子商务行业的各种不同参与者竞争。Squarespace将Wix等网络创建平台视为其竞争对手。com（股票代码：WIX）和Square(SQ)Weebly，以及允许企业建立在线商店的电子商务巨头Shopify（股票代码：SHOP）。</blockquote></p><p> Squarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.</p><p><blockquote>Squarespace还评级了GoDaddy(GDDY)等提供域名工具以及提供电子邮件营销和日程安排功能的竞争对手，同时辩称其自己的“全面、一体化平台、多渠道商务能力”是一项资产。</blockquote></p><p> Jefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.</p><p><blockquote>Jefferies分析师Brent Thill指出，Wix比Squarespace规模更大，去年的收入为9.89亿美元，而Squarespace的收入为6.21亿美元。此外，他写道，Squarespace去年的收入与Wix 2018年的收入相似，但Wix在这一规模上的增长更快，而且没有受益于大流行推动的更广泛的电子商务加速。</blockquote></p><p> <b>On the Menu</b></p><p><blockquote><b>在菜单上</b></blockquote></p><p> SquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.</p><p><blockquote>SquareSpace最近完成了对Tock的4.15亿美元收购，Tock是一家专注于餐饮和酒店行业的公司。Tock的服务允许企业管理预订、外卖、活动票务等。</blockquote></p><p> This part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.</p><p><blockquote>MKM的库尔卡尼表示，这部分业务可能会使SquareSpace与更多科技巨头竞争。</blockquote></p><p> “SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash&nbsp;(DASH) and&nbsp;Grubhub&nbsp;(GRUB),&nbsp;along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.</p><p><blockquote>“SquareSpace提供的Tock产品面临着来自Uber Eats(UBER)、DoorDash(DASH)和Grubhub(GRUB)等配送服务以及TouchBistro和Toast等其他餐厅[客户关系管理]服务的竞争，”他写道。</blockquote></p><p> At the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.</p><p><blockquote>与此同时，此次收购是Squarespace“巧妙地多元化，不仅在线销售实物商品，还增加日历/日程安排功能（餐厅或健身房预订）、内容销售和订阅”的一个例子，他继续说道。</blockquote></p><p> <b>Marketing Bucks</b></p><p><blockquote><b>营销雄鹿</b></blockquote></p><p> Squarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.</p><p><blockquote>Squarespace的营销和销售成本增长速度远远快于其收入增长速度。该公司去年的此类费用为310万美元，高于2019年的170万美元，增长了45%，而同期收入增长了28%。</blockquote></p><p></p><p> The company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”</p><p><blockquote>该公司的播客广告可能为经常听众所熟悉，尽管Squarespace在其招股说明书中指出，它使用“在线关键字搜索、赞助和名人代言、电视、播客、印刷和在线广告、电子邮件和社交媒体营销”广泛宣传其服务。”</blockquote></p><p> Among its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.</p><p><blockquote>在其风险因素中，Squarespace指出，Alphabet（GOOGL）的谷歌可能会改变其算法或提高其搜索引擎营销工具的成本。</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>4 Things to Know Ahead of the Squarespace’s Direct Listing<blockquote>Squarespace直接上市前需要了解的4件事</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\">\n4 Things to Know Ahead of the Squarespace’s Direct Listing<blockquote>Squarespace直接上市前需要了解的4件事</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-19 15:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.</p><p><blockquote>疫情促使许多小企业首次获得在线店面，掀起了一股电子商务浪潮，帮助网站创建平台Squarespace Inc.加速了收入增长。</blockquote></p><p> Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.</p><p><blockquote>现在，Squarespace将测试作为一家上市公司电子商务势头的弹性。其股票定于周三开始在纽约证券交易所直接上市交易，股票代码为SQSP。</blockquote></p><p> The company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.</p><p><blockquote>该公司提供各种网站创建工具，包括域名、电子商务功能和营销能力。Squarespace旨在与网络专业知识有限的小型企业以及需要更大灵活性以根据其需求进行定制的“大品牌”合作。</blockquote></p><p> Squarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in&nbsp;its filing with the Securities and Exchange Commission.</p><p><blockquote>Squarespace认为自己正在顺应许多趋势，包括企业越来越需要与客户保持直接关系，以及越来越重视自己动手的解决方案，这些解决方案“正在迅速取代昂贵的代理机构，并使同等的设计质量脱颖而出。该公司在向美国证券交易委员会提交的文件中表示，“所有人都可以访问且易于使用”。</blockquote></p><p> The company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.</p><p><blockquote>该公司在3月份的一轮融资中筹集了3亿美元，使该公司的企业估值达到100亿美元，并且在上市时没有筹集任何新的资金。以下是您需要了解的关于该公司的其他信息。</blockquote></p><p> <b>Growing Revenue, Shrinking Profits</b></p><p><blockquote><b>收入增长，利润缩水</b></blockquote></p><p> Squarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.</p><p><blockquote>Squarespace 2020年收入为6.21亿美元，高于上年同期的4.85亿美元。最近一财年的收入增长了28%，高于上一季度24%的增长率。</blockquote></p><p> The company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.</p><p><blockquote>该公司将94%的收入归类为基于订阅的收入。Squarespace在2020年增加了约70万个新的独立订阅，该公司透露，超过三分之二的总订阅是年度订阅。</blockquote></p><p> About 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.</p><p><blockquote>Squarespace去年约70%的收入来自美国，其余来自国际。</blockquote></p><p> Squarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.</p><p><blockquote>Squarespace去年实现盈利，净利润约为3060万美元，但利润低于2019年的5820万美元。MKM Partners分析师Rohit Kulkarni写道，该公司的“基本面凸显了盈利能力和大规模增长的罕见结合”。</blockquote></p><p> Despite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.</p><p><blockquote>尽管每年都实现盈利，但Squarespace在2021年第一季度净亏损1010万美元，而去年同期亏损110万美元。该公司在2020年最后三个季度均实现盈利。</blockquote></p><p> <b>Competition Aplenty</b></p><p><blockquote><b>竞争激烈</b></blockquote></p><p> The company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like&nbsp;Wix.com&nbsp;(ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse&nbsp;Shopify&nbsp;(ticker: SHOP),&nbsp;which lets businesses set up online shops.</p><p><blockquote>根据其文件，该公司与电子商务行业的各种不同参与者竞争。Squarespace将Wix等网络创建平台视为其竞争对手。com（股票代码：WIX）和Square(SQ)Weebly，以及允许企业建立在线商店的电子商务巨头Shopify（股票代码：SHOP）。</blockquote></p><p> Squarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.</p><p><blockquote>Squarespace还评级了GoDaddy(GDDY)等提供域名工具以及提供电子邮件营销和日程安排功能的竞争对手，同时辩称其自己的“全面、一体化平台、多渠道商务能力”是一项资产。</blockquote></p><p> Jefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.</p><p><blockquote>Jefferies分析师Brent Thill指出，Wix比Squarespace规模更大，去年的收入为9.89亿美元，而Squarespace的收入为6.21亿美元。此外，他写道，Squarespace去年的收入与Wix 2018年的收入相似，但Wix在这一规模上的增长更快，而且没有受益于大流行推动的更广泛的电子商务加速。</blockquote></p><p> <b>On the Menu</b></p><p><blockquote><b>在菜单上</b></blockquote></p><p> SquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.</p><p><blockquote>SquareSpace最近完成了对Tock的4.15亿美元收购，Tock是一家专注于餐饮和酒店行业的公司。Tock的服务允许企业管理预订、外卖、活动票务等。</blockquote></p><p> This part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.</p><p><blockquote>MKM的库尔卡尼表示，这部分业务可能会使SquareSpace与更多科技巨头竞争。</blockquote></p><p> “SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash&nbsp;(DASH) and&nbsp;Grubhub&nbsp;(GRUB),&nbsp;along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.</p><p><blockquote>“SquareSpace提供的Tock产品面临着来自Uber Eats(UBER)、DoorDash(DASH)和Grubhub(GRUB)等配送服务以及TouchBistro和Toast等其他餐厅[客户关系管理]服务的竞争，”他写道。</blockquote></p><p> At the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.</p><p><blockquote>与此同时，此次收购是Squarespace“巧妙地多元化，不仅在线销售实物商品，还增加日历/日程安排功能（餐厅或健身房预订）、内容销售和订阅”的一个例子，他继续说道。</blockquote></p><p> <b>Marketing Bucks</b></p><p><blockquote><b>营销雄鹿</b></blockquote></p><p> Squarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.</p><p><blockquote>Squarespace的营销和销售成本增长速度远远快于其收入增长速度。该公司去年的此类费用为310万美元，高于2019年的170万美元，增长了45%，而同期收入增长了28%。</blockquote></p><p></p><p> The company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”</p><p><blockquote>该公司的播客广告可能为经常听众所熟悉，尽管Squarespace在其招股说明书中指出，它使用“在线关键字搜索、赞助和名人代言、电视、播客、印刷和在线广告、电子邮件和社交媒体营销”广泛宣传其服务。”</blockquote></p><p> Among its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.</p><p><blockquote>在其风险因素中，Squarespace指出，Alphabet（GOOGL）的谷歌可能会改变其算法或提高其搜索引擎营销工具的成本。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3\">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":{"SQSP":"Squarespace Inc."},"source_url":"https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158638540","content_text":"The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.\nNow Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.\nThe company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.\nSquarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in its filing with the Securities and Exchange Commission.\nThe company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.\nGrowing Revenue, Shrinking Profits\nSquarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.\nThe company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.\nAbout 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.\nSquarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.\nDespite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.\nCompetition Aplenty\nThe company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like Wix.com (ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse Shopify (ticker: SHOP), which lets businesses set up online shops.\nSquarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.\nJefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.\nOn the Menu\nSquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.\nThis part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.\n“SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash (DASH) and Grubhub (GRUB), along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.\nAt the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.\nMarketing Bucks\nSquarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.\nThe company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”\nAmong its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.","news_type":1,"symbols_score_info":{"SQSP":0.9}},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199480174,"gmtCreate":1620726199398,"gmtModify":1634196814874,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/199480174","repostId":"2134551566","repostType":4,"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":699741032,"gmtCreate":1639911447414,"gmtModify":1639911447498,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"Test","listText":"Test","text":"Test","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/699741032","repostId":"2192035909","repostType":4,"isVote":1,"tweetType":1,"viewCount":3768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881597256,"gmtCreate":1631358476975,"gmtModify":1631891750035,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"comment and like&nbsp;","listText":"comment and like&nbsp;","text":"comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881597256","repostId":"1147045390","repostType":4,"repost":{"id":"1147045390","kind":"news","pubTimestamp":1631321547,"share":"https://www.laohu8.com/m/news/1147045390?lang=zh_CN&edition=full","pubTime":"2021-09-11 08:52","market":"us","language":"en","title":"Why Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147045390","media":"Barrons","summary":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple  to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30%","content":"<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p><p><blockquote>周五的裁决要求苹果允许开发者为通过苹果应用商店下载的应用程序中的购买提供替代支付方式，这给其收入和利润带来了真实但有限的风险。</blockquote></p><p> In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p><p><blockquote>在堡垒之夜发行商Epic Games提起的案件中，美国地区法官Yvonne Gonzalez Rogers发布了一项永久禁令，要求苹果（股票代码：AAPL）允许开发者选择在其应用程序中包含替代支付方式的链接。苹果自己的支付系统从大型开发商那里收取30%的提成。</blockquote></p><p> Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p><p><blockquote>应用追踪器SensorTower的数据显示，2020年，苹果从App Store获得的总收入为723亿美元，产生的费用估计为217亿美元，约占苹果总收入的7%。其中包括在美国的210亿美元支出，产生约63亿美元的费用，约占年收入的2%。</blockquote></p><p> SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p><p><blockquote>SensorTower估计，2020年App Store中的手机游戏支出为476亿美元，产生143亿美元的费用，略低于苹果总收入的5%。</blockquote></p><p> Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p><p><blockquote>风险投资公司Loup Capital董事总经理、长期跟踪苹果的前卖方分析师吉恩·蒙斯特(Gene Munster)估计，App Store约占该公司利润的14%。但他认为周五裁决的风险有限。</blockquote></p><p> Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p><p><blockquote>蒙斯特认为大多数应用程序开发人员将留在苹果系统内。他认为整体收入“最多”会受到2%的阻力，利润可能会受到4%的打击。</blockquote></p><p> “After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p><p><blockquote>“在这些变化的第一年之后，app store的增长率将恢复正常，”他说。“最重要的是，这最多是一年的逆风，不会改变苹果未来5年的发展方向。”</blockquote></p><p> Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p><p><blockquote>Evercore ISI分析师Amit Daryanani在一份研究报告中表示，这一裁决对苹果来说是一次挫折，但鉴于苹果有其他方式从商店创收，包括其不断增长的店内广告业务，最终的影响可能是可控的。他指出，苹果实际上在该案中的一个更大问题上取得了胜利：法官驳回了Epic关于App Store是非法垄断的主张。Daryanani估计苹果每股收益面临的风险为2%至4%。</blockquote></p><p> Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p><p><blockquote>Wedbush分析师Dan Ives告诉<i>巴伦周刊</i>他认为最坏的情况是收入受到3%至4%的打击，并将这种风险描述为“舍入误差”。虽然Ives表示，华尔街原本预计苹果会全面获胜，但这一喜忧参半的决定消除了该股的悬念，投资者可能会因为解决这个问题而松一口气。</blockquote></p><p> The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</p><p><blockquote>他表示，这一裁决对Spotify Technology和Match Group等公司来说更多的是积极的，而不是对苹果的负面影响。苹果股价周五下跌3.3%，至148.97美元，Spotify和March分别上涨0.7%和4.</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 Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</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 Apple’s Risk Is Limited<blockquote>为什么苹果的风险有限</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-11 08:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p><p><blockquote>周五的裁决要求苹果允许开发者为通过苹果应用商店下载的应用程序中的购买提供替代支付方式，这给其收入和利润带来了真实但有限的风险。</blockquote></p><p> In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p><p><blockquote>在堡垒之夜发行商Epic Games提起的案件中，美国地区法官Yvonne Gonzalez Rogers发布了一项永久禁令，要求苹果（股票代码：AAPL）允许开发者选择在其应用程序中包含替代支付方式的链接。苹果自己的支付系统从大型开发商那里收取30%的提成。</blockquote></p><p> Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p><p><blockquote>应用追踪器SensorTower的数据显示，2020年，苹果从App Store获得的总收入为723亿美元，产生的费用估计为217亿美元，约占苹果总收入的7%。其中包括在美国的210亿美元支出，产生约63亿美元的费用，约占年收入的2%。</blockquote></p><p> SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p><p><blockquote>SensorTower估计，2020年App Store中的手机游戏支出为476亿美元，产生143亿美元的费用，略低于苹果总收入的5%。</blockquote></p><p> Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p><p><blockquote>风险投资公司Loup Capital董事总经理、长期跟踪苹果的前卖方分析师吉恩·蒙斯特(Gene Munster)估计，App Store约占该公司利润的14%。但他认为周五裁决的风险有限。</blockquote></p><p> Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p><p><blockquote>蒙斯特认为大多数应用程序开发人员将留在苹果系统内。他认为整体收入“最多”会受到2%的阻力，利润可能会受到4%的打击。</blockquote></p><p> “After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p><p><blockquote>“在这些变化的第一年之后，app store的增长率将恢复正常，”他说。“最重要的是，这最多是一年的逆风，不会改变苹果未来5年的发展方向。”</blockquote></p><p> Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p><p><blockquote>Evercore ISI分析师Amit Daryanani在一份研究报告中表示，这一裁决对苹果来说是一次挫折，但鉴于苹果有其他方式从商店创收，包括其不断增长的店内广告业务，最终的影响可能是可控的。他指出，苹果实际上在该案中的一个更大问题上取得了胜利：法官驳回了Epic关于App Store是非法垄断的主张。Daryanani估计苹果每股收益面临的风险为2%至4%。</blockquote></p><p> Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p><p><blockquote>Wedbush分析师Dan Ives告诉<i>巴伦周刊</i>他认为最坏的情况是收入受到3%至4%的打击，并将这种风险描述为“舍入误差”。虽然Ives表示，华尔街原本预计苹果会全面获胜，但这一喜忧参半的决定消除了该股的悬念，投资者可能会因为解决这个问题而松一口气。</blockquote></p><p> The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</p><p><blockquote>他表示，这一裁决对Spotify Technology和Match Group等公司来说更多的是积极的，而不是对苹果的负面影响。苹果股价周五下跌3.3%，至148.97美元，Spotify和March分别上涨0.7%和4.</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2\">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":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147045390","content_text":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.\nIn a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.\nData from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.\nSensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.\nGene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.\nMunster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.\n“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”\nEvercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.\nWedbush analyst Dan Ives told Barron’s he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.\nThe ruling is more a positive for companies like Spotify Technology and Match Group than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97 on Friday, while Spotify and March gained 0.7% and 4.2%, respectively.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121026371,"gmtCreate":1624445609893,"gmtModify":1634006068387,"author":{"id":"3578003727844992","authorId":"3578003727844992","name":"olddirtbag","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578003727844992","idStr":"3578003727844992"},"themes":[],"htmlText":"comment and like","listText":"comment and like","text":"comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/121026371","repostId":"1145825451","repostType":4,"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}