Kelvin_Qiu的个人主页 - 老虎社区

Kelvin_Qiu

Kelvin_Qiu

rookie

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313关注

62粉丝

0主题

0勋章

2021-09-29

So many to buy, so little money[流泪]

抱歉，原内容已删除

2021-08-02

As long as you still have bullets to hold out the drop, you get to buy cheap and average down your price, will benfit long term. Different game play if you want to speculate to hit & run the short term.Like pls thx[开心]

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2021-08-27

Good to know, have all these counters[爱心] [看涨]

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2021-08-25

Help like pls thx

Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>

2021-09-13

Help like pls thx

抱歉，原内容已删除

2021-08-16

i think [思考] there's some room for more dip[疑问] Help like pls thx

Uber: Buy The Dip, The Bullish Opportunity Has Never Been Clearer<blockquote>Uber：逢低买入，看涨机会从未如此清晰</blockquote>

2021-09-15

Like pls thx

U.S. stocks close lower on worries over recovery, corporate tax hikes<blockquote>由于对经济复苏和企业增税的担忧，美国股市收盘走低</blockquote>

2021-09-05

Like pls

Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote>

2021-10-14

[得意]

4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</blockquote>

2021-08-24

Help like pls thx[比心]

抱歉，原内容已删除

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it's a take profit month for celebrations&nbsp;[Allin]&nbsp;","listText":"So it's a take profit month for celebrations&nbsp;[Allin]&nbsp;","text":"So it's a take profit month for celebrations [Allin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693174851","repostId":"1152008216","repostType":2,"repost":{"id":"1152008216","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":1639991203,"share":"https://www.laohunote.com/m/news/1152008216?lang=zh_CN&edition=full","pubTime":"2021-12-20 17:06","market":"us","language":"en","title":"EV stocks fell in premarket trading, with Tesla falling more than 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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\">2021-12-20 17:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV stocks fell in premarket trading,&nbsp;with&nbsp;Tesla&nbsp;falling&nbsp;more&nbsp;than&nbsp;2%.</p><p><blockquote>电动汽车股在盘前交易中下跌，特斯拉跌幅超过2%。</blockquote></p><p> Lucid,&nbsp;Nio,&nbsp;Li Auto and XPeng slid between 3% and 6%.<img src=\"https://static.tigerbbs.com/3570f7360ccafe4ece6a06cb3611efdf\" tg-width=\"709\" tg-height=\"587\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Lucid、蔚来、理想汽车和小鹏汽车的跌幅在 3% 至 6% 之间。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","XPEV":"小鹏集团","LCID":"Lucid Group 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more chance tonlet us enjoy the game at least","listText":"Good initiative on the game for rewards, but chances are too little...understand it's for marketing...but more chance tonlet us enjoy the game at least","text":"Good initiative on the game for rewards, but chances are too little...understand it's for marketing...but more chance tonlet us enjoy the game at least","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841428853","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? 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Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852125641,"gmtCreate":1635254901352,"gmtModify":1635254902402,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"[惊讶]&nbsp;","listText":"[惊讶]&nbsp;","text":"[惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852125641","repostId":"1137243429","repostType":4,"repost":{"id":"1137243429","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":1635238018,"share":"https://www.laohunote.com/m/news/1137243429?lang=zh_CN&edition=full","pubTime":"2021-10-26 16:46","market":"us","language":"en","title":"Redbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137243429","media":"Tiger Newspress","summary":"Redbox shares surged more than 100% in premarket trading.Redbox completed its SPAC merger with Seapo","content":"<p>Redbox&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;100%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/770ae080250c145e01ccf1e4309bdc8c\" tg-width=\"876\" tg-height=\"631\" width=\"100%\" height=\"auto\">Redbox completed its SPAC merger with Seaport Global Acquisition Corp&nbsp;on&nbsp;last Friday.</p><p><blockquote>Redbox 股价在盘前交易中飙升超过 100%。Redbox 于上周五完成了与 Seaport Global Acquisition Corp 的 SPAC 合并。</blockquote></p><p> Redbox operates a network of 40,000 kiosks across the U.S. Earlier this month,Redbox announced a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment original titles across home entertainment windows in addition to subscription SVOD licensing for select movies. Redbox also recently signed a promotional agreement with Roku to push users to sign up for the Redbox streaming app; through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.</p><p><blockquote>Redbox在美国运营着一个由40,000个信息亭组成的网络。本月早些时候，Redbox宣布与狮门影业达成多年发行协议，根据该协议，狮门影业除了订阅精选电影的SVOD许可外，还将通过家庭娱乐窗口发行Redbox娱乐原创作品。Redbox最近还与Roku签署了推广协议，推动用户注册Redbox流媒体应用；到2022年年中，消费者将在沃尔玛独家销售的Roku播放器上收到一个价值5美元的流媒体代码。</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>Redbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</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\">\nRedbox shares surged more than 100% in premarket trading<blockquote>Redbox 股价在盘前交易中飙升超过 100%</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\">2021-10-26 16:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Redbox&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;100%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/770ae080250c145e01ccf1e4309bdc8c\" tg-width=\"876\" tg-height=\"631\" width=\"100%\" height=\"auto\">Redbox completed its SPAC merger with Seaport Global Acquisition Corp&nbsp;on&nbsp;last Friday.</p><p><blockquote>Redbox 股价在盘前交易中飙升超过 100%。Redbox 于上周五完成了与 Seaport Global Acquisition Corp 的 SPAC 合并。</blockquote></p><p> Redbox operates a network of 40,000 kiosks across the U.S. Earlier this month,Redbox announced a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment original titles across home entertainment windows in addition to subscription SVOD licensing for select movies. Redbox also recently signed a promotional agreement with Roku to push users to sign up for the Redbox streaming app; through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.</p><p><blockquote>Redbox在美国运营着一个由40,000个信息亭组成的网络。本月早些时候，Redbox宣布与狮门影业达成多年发行协议，根据该协议，狮门影业除了订阅精选电影的SVOD许可外，还将通过家庭娱乐窗口发行Redbox娱乐原创作品。Redbox最近还与Roku签署了推广协议，推动用户注册Redbox流媒体应用；到2022年年中，消费者将在沃尔玛独家销售的Roku播放器上收到一个价值5美元的流媒体代码。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137243429","content_text":"Redbox shares surged more than 100% in premarket trading.Redbox completed its SPAC merger with Seaport Global Acquisition Corp on last Friday.\nRedbox operates a network of 40,000 kiosks across the U.S. Earlier this month,Redbox announced a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment original titles across home entertainment windows in addition to subscription SVOD licensing for select movies. Redbox also recently signed a promotional agreement with Roku to push users to sign up for the Redbox streaming app; through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.","news_type":1,"symbols_score_info":{"RDBX":0.9}},"isVote":1,"tweetType":1,"viewCount":3974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852305759,"gmtCreate":1635238895579,"gmtModify":1635238896621,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"[流泪]&nbsp;sold off too soon","listText":"[流泪]&nbsp;sold off too soon","text":"[流泪] sold off too soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852305759","repostId":"1134836974","repostType":4,"repost":{"id":"1134836974","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":1635235567,"share":"https://www.laohunote.com/m/news/1134836974?lang=zh_CN&edition=full","pubTime":"2021-10-26 16:06","market":"us","language":"en","title":"UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited<blockquote>老虎证券控股有限公司收购远洋证券有限公司获证监会批准</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836974","media":"Tiger Newspress","summary":"BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” o","content":"<p>BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.</p><p><blockquote>北京， 2021 年 10 月 26 日 （环球通讯社） -- 专注于全球投资者的领先在线经纪公司老虎证券控股有限公司（纳斯达克代码：TIGR）（“老虎证券”或“公司”）今日宣布，已获得香港证券及期货事务监察委员会（“证监会”）批准，完成对海洋愉悦证券有限公司（“海洋愉悦证券”）的收购，海洋愉悦证券有限公司是一家获得证监会牌照的公司，可从事第一类（证券交易）和第二类（期货合约交易）受规管活动。</blockquote></p><p> The Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.</p><p><blockquote>本公司预期完成收购事项，并预期于完成后开始于香港经营其经纪业务。</blockquote></p><p> About UP Fintech Holding Limited</p><p><blockquote>关于老虎证券控股有限公司</blockquote></p><p> UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p><p><blockquote>老虎证券控股有限公司是一家专注于全球投资者的领先在线经纪公司。该公司专有的移动和在线交易平台使投资者能够在全球多个交易所交易股票和其他金融工具。本公司透过「移动优先」策略，为客户提供创新的产品及服务，以及卓越的用户体验，使其能够更好地服务及留住现有客户，并吸引新客户。该公司为客户提供全面的经纪和增值服务，包括交易订单下达和执行、保证金融资、首次公开募股认购、员工持股计划管理、投资者教育、社区讨论和客户支持。公司的专有基础设施和先进技术能够支持跨多种货币、多个市场、多种产品、多个执行场所和多个清算所的交易。</blockquote></p><p> For more information on the Company, please visit：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></p><p><blockquote>有关公司的更多信息，请访问：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></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>UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited<blockquote>老虎证券控股有限公司收购远洋证券有限公司获证监会批准</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\">\nUP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited<blockquote>老虎证券控股有限公司收购远洋证券有限公司获证监会批准</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\">2021-10-26 16:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.</p><p><blockquote>北京， 2021 年 10 月 26 日 （环球通讯社） -- 专注于全球投资者的领先在线经纪公司老虎证券控股有限公司（纳斯达克代码：TIGR）（“老虎证券”或“公司”）今日宣布，已获得香港证券及期货事务监察委员会（“证监会”）批准，完成对海洋愉悦证券有限公司（“海洋愉悦证券”）的收购，海洋愉悦证券有限公司是一家获得证监会牌照的公司，可从事第一类（证券交易）和第二类（期货合约交易）受规管活动。</blockquote></p><p> The Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.</p><p><blockquote>本公司预期完成收购事项，并预期于完成后开始于香港经营其经纪业务。</blockquote></p><p> About UP Fintech Holding Limited</p><p><blockquote>关于老虎证券控股有限公司</blockquote></p><p> UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p><p><blockquote>老虎证券控股有限公司是一家专注于全球投资者的领先在线经纪公司。该公司专有的移动和在线交易平台使投资者能够在全球多个交易所交易股票和其他金融工具。本公司透过「移动优先」策略，为客户提供创新的产品及服务，以及卓越的用户体验，使其能够更好地服务及留住现有客户，并吸引新客户。该公司为客户提供全面的经纪和增值服务，包括交易订单下达和执行、保证金融资、首次公开募股认购、员工持股计划管理、投资者教育、社区讨论和客户支持。公司的专有基础设施和先进技术能够支持跨多种货币、多个市场、多种产品、多个执行场所和多个清算所的交易。</blockquote></p><p> For more information on the Company, please visit：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></p><p><blockquote>有关公司的更多信息，请访问：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836974","content_text":"BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.\nThe Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.\nAbout UP Fintech Holding Limited\nUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.\nFor more information on the Company, please visit：https://ir.itiger.com","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":4621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":856975709,"gmtCreate":1635147767589,"gmtModify":1635147837956,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Would it be a pump &amp; dump[贱笑]&nbsp;","listText":"Would it be a pump &amp; dump[贱笑]&nbsp;","text":"Would it be a pump & dump[贱笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/856975709","repostId":"1101284007","repostType":4,"isVote":1,"tweetType":1,"viewCount":3946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825371580,"gmtCreate":1634205916872,"gmtModify":1634205917201,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"[得意]&nbsp;","listText":"[得意]&nbsp;","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/825371580","repostId":"1184483169","repostType":4,"repost":{"id":"1184483169","kind":"news","pubTimestamp":1634205641,"share":"https://www.laohunote.com/m/news/1184483169?lang=zh_CN&edition=full","pubTime":"2021-10-14 18:00","market":"us","language":"en","title":"4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184483169","media":"Motley Fool","summary":"Crashes and corrections are the perfect opportunity to buy great companies at a discount.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Double-digit percentage declines in the broader market are more common than investors realize.</li>  <li>There are no shortage of catalysts that could cause a stock market crash or correction.</li>  <li>Buying this quartet of unstoppable companies during a broad-market decline would be a wise move.</li> </ul> </p><p><blockquote><ul><li>大盘两位数的百分比下跌比投资者意识到的要普遍得多。</li><li>不乏可能导致股市崩盘或调整的催化剂。</li><li>在大盘下跌期间收购这四家势不可挡的公司将是明智之举。</li></ul></blockquote></p><p> Some investors might not be thrilled with what I'm about to say, but it's simply a matter of allowing historical data do the talking: A stock market crash or correction may be brewing.</p><p><blockquote>一些投资者可能不会对我接下来要说的话感到兴奋，但这只是一个让历史数据说话的问题：股市崩盘或调整可能正在酝酿。</blockquote></p><p> Recently, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;underwent its first correction of at least 5% in 10 months. While nothing is guaranteed on Wall Street, a number of signs appear to be pointing to the growing likelihood of downside for the broader market.</p><p><blockquote>最近，基准<b>标普500</b>10个月来首次回调至少5%。尽管华尔街没有任何保证，但许多迹象似乎表明，大盘下行的可能性越来越大。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abf177a2ce4f54e7ed16e4189edb28a7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>There are a laundry list of catalysts that could send the market lower</b></p><p><blockquote><b>有一系列催化剂可能会导致市场下跌</b></blockquote></p><p> For instance, since the beginning of 1950, there have been 38 double-digit percentage declines in the S&amp;P 500. That equates to one drop of at least 10%, on average, every 1.87 years. We're now more than 1.5 years removed from the chaotic bear market decline that bottomed out during the initial stages of the coronavirus pandemic.</p><p><blockquote>例如，自1950年初以来，标普500有38次两位数的百分比下降。这相当于平均每 1.87 年至少下降 10%。我们现在距离冠状病毒大流行初期触底的混乱熊市下跌已经过去了 1.5 年多。</blockquote></p><p> To build on this point, the broader market&nbsp;has responded very similarly&nbsp;following crashes or corrections for the past 60 years. Following each of the previous eight bear markets, excluding the coronavirus crash, there were either one or two declines of 10% in the S&amp;P 500 within three years. What this tells us is that rebounding from a bear market is a process and pretty much never the straight line higher that investors have reveled in for more than 18 months.</p><p><blockquote>基于这一点，过去 60 年来，大盘在崩盘或调整后的反应非常相似。在之前的八次熊市之后，不包括冠状病毒崩盘，标普500在三年内都出现了一两次10%的下跌。这告诉我们，从熊市中反弹是一个过程，而且几乎永远不会出现投资者 18 个多月以来一直享受的直线上涨。</blockquote></p><p> Macroeconomic factors and fundamental metrics pose warnings, too. Rapidly rising crude oil and natural-gas prices threaten pocketbooks and could quickly throttle down economic growth following the pandemic-induced recession.</p><p><blockquote>宏观经济因素和基本面指标也发出警告。原油和天然气价格的快速上涨威胁着钱包，并可能在疫情引发的衰退后迅速抑制经济增长。</blockquote></p><p> There's also margin debt, which&nbsp;has climbed at a precipitous pace in 2021. Data from market-analytics company Yardeni Research shows that there have only been three instances since the beginning of 1995 where margin debt rose 60% or more in a single year. The previous two occurred just months before the dot-com bubble burst and the financial crisis began.</p><p><blockquote>还有保证金债务，该债务在 2021 年急剧攀升。市场分析公司Yardeni Research的数据显示，自1995年初以来，只有三次保证金债务在一年内上涨60%或以上。前两次发生在互联网泡沫破裂和金融危机爆发前几个月。</blockquote></p><p> Even valuations are a concern. The S&amp;P 500's Shiller price-to-earnings (P/E) ratio sits at 37.7, which is well over double its 151-year average of 16.9. Perhaps more worrisome, the S&amp;P 500's Shiller P/E has only crossed above and held 30 on five occasions in 151 years. The previous four instances saw minimum declines of at least 20% after the Shiller P/E ratio peaked.</p><p><blockquote>甚至估值也令人担忧。标准普尔 500 指数的席勒市盈率 (P/E) 为 37.7，是 151 年平均水平 16.9 的两倍多。也许更令人担忧的是，标准普尔 500 指数的席勒市盈率在 151 年中仅五次突破过该水平并保持在 30 点。在席勒市盈率见顶后，前四个例子的最小跌幅至少为20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5907a4556df957bb90a0b8342cf7d9b9\" tg-width=\"2000\" tg-height=\"1390\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Crashes and corrections are an opportunity to buy great stocks at a discount</p><p><blockquote>崩盘和调整是以折扣价购买优质股票的机会</blockquote></p><p> But there's another side to this story. Even though stock market corrections occur often, they've always eventually been erased by a bull-market rally. Buying great companies at a discount during a crash or correction and holding those stakes for long periods of time is a recipe to build wealth over time.</p><p><blockquote>但这个故事还有另一面。尽管股市调整经常发生，但它们最终总是会被牛市反弹抹去。在崩盘或调整期间以折扣价购买伟大的公司并长期持有这些股份是随着时间的推移积累财富的秘诀。</blockquote></p><p> If a stock market crash or double-digit percentage correction does materialize from this recent uptick in volatility, the following four unstoppable stocks would make for perfect buys.</p><p><blockquote>如果最近波动性的上升确实导致股市崩盘或两位数百分比调整，那么以下四只势不可挡的股票将是完美的买入选择。</blockquote></p><p> <b>Berkshire Hathaway</b></p><p><blockquote><b>伯克希尔哈撒韦公司</b></blockquote></p><p> One of the safest ways to build wealth over the long run is to follow in the footsteps of billionaire investor Warren Buffett. The easiest way to do that is to buy shares of&nbsp;<b>Berkshire Hathaway</b>(NYSE:BRK.A)(NYSE:BRK.B), the conglomerate run by Buffett that's averaged ajaw-dropping annual return of 20%since the beginning of 1965 (an aggregate return of close to 3,300,000%).</p><p><blockquote>从长远来看，积累财富最安全的方法之一是追随亿万富翁投资者沃伦·巴菲特的脚步。最简单的方法是购买<b>伯克希尔哈撒韦公司</b>（纽约证券交易所代码：BRK.A）（纽约证券交易所代码：BRK.B）是巴菲特经营的企业集团，自 1965 年初以来，平均年回报率为 20%（总回报率接近 3,300,000%）。</blockquote></p><p> Berkshire Hathaway's portfolio is successful for two key reasons. First,it's highly cyclical, with about 85% of the company's invested assets tied up in tech stocks, financial stocks, and consumer staples. Though the Oracle of Omaha is fully aware that recessions are an inevitable part of the economic cycle, he also understands that economic downturns don't last very long. He's positioned Berkshire's investment portfolio to take advantage of multiyear periods of expansion.</p><p><blockquote>伯克希尔哈撒韦公司的投资组合之所以成功，主要有两个原因。首先，它具有很强的周期性，该公司约 85% 的投资资产与科技股、金融股和必需消费品有关。尽管奥马哈先知完全意识到衰退是经济周期不可避免的一部分，但他也明白经济衰退不会持续很长时间。他将伯克希尔的投资组合定位为利用多年的扩张期。</blockquote></p><p></p><p> The other catalyst working in the company's favor is its&nbsp;dividend income. Over the next 12 months, Berkshire Hathaway should collect more than $5 billion in common and preferred dividends, which equates to about a 5% yield, relative to the company's cost basis on its investments. Warren Buffett has demonstrated how easy it is to build wealth on Wall Street by purchasing businesses with clear-cut competitive advantages and not selling.</p><p><blockquote>对该公司有利的另一个催化剂是其股息收入。在未来 12 个月内，伯克希尔哈撒韦公司应收取超过 50 亿美元的普通股和优先股息，相对于该公司的投资成本，收益率约为 5%。沃伦·巴菲特已经证明，通过收购具有明显竞争优势的企业而不是出售，在华尔街积累财富是多么容易。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79e58192e80c4f6d82046daca6fcb496\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Trulieve Cannabis</b></p><p><blockquote><b>Trulieve大麻</b></blockquote></p><p> If growth stocks are more your thing,marijuana stock<b>Trulieve Cannabis</b>(OTC:TCNNF)&nbsp;has the look of an unstoppable buy if a crash or correction strikes.</p><p><blockquote>如果你更喜欢成长型股票，大麻股票<b>Trulieve大麻</b>（场外交易所代码：TCNNF）如果发生崩盘或调整，看起来就会买入势不可挡。</blockquote></p><p> First of all, we witnessed during the pandemic that cannabis is treated as a non-discretionary good. In other words, people kept buying pot products, no matter how badly the pandemic altered the economic landscape in North America.</p><p><blockquote>首先，我们在疫情期间目睹了大麻被视为一种非自由支配的商品。换句话说，无论疫情如何严重改变北美的经济格局，人们都继续购买大麻产品。</blockquote></p><p> More specific to Trulieve, it's&nbsp;really differentiated itself&nbsp;from other pot stocks. With most multistate operators (MSOs) setting up shop in well over a dozen legalized U.S. markets, Trulieve focused most of its attention on medical marijuana-legal Florida. Trulieve has 94 operating dispensaries in the Sunshine State, which represents about a quarter of all cannabis retail locations statewide.</p><p><blockquote>更具体地说，Trulieve 确实区别于其他大麻股票。随着大多数多州运营商(MSO)在十几个合法的美国市场开店，Trulieve将大部分注意力集中在医用大麻合法化的佛罗里达州。Trulieve在阳光之州有94家运营药房，约占全州所有大麻零售点的四分之一。</blockquote></p><p> Saturating one of the largest pot markets in the U.S. has helped the company effectively build up its brand without breaking the bank on the marketing front. As a result, Trulieve Cannabis has been profitable for more than three years.</p><p><blockquote>美国最大的大麻市场之一的饱和帮助该公司有效地建立了品牌，而不会在营销方面倾家荡产。因此，Trulieve Cannabis已经盈利了三年多。</blockquote></p><p> What's more, Trulieve recently completed its all-share acquisition of MSO Harvest Health &amp; Recreation. This deal moves it into new markets, and most importantly, makes it the key player in Arizona, which legalized recreational marijuana in November 2020.</p><p><blockquote>此外，Trulieve 最近完成了对 MSO Harvest Health &amp; Recreation 的全部股权收购。这笔交易将其推向了新的市场，最重要的是，使其成为亚利桑那州的主要参与者，亚利桑那州于 2020 年 11 月将娱乐性大麻合法化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/454f3bd12d9f51f0677b0832102292fc\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Viatris</b></p><p><blockquote><b>维亚特里斯</b></blockquote></p><p> Want deep-discount value and a market-topping dividend yield? Drug-company<b>Viatris</b>(NASDAQ:VTRS)and its 3.2% yield may well be the unstoppable stock to buy if there's a stock market crash or correction.</p><p><blockquote>想要大幅折扣价值和高于市场的股息收益率吗？制药公司<b>维亚特里斯</b>（纳斯达克股票代码：VTRS）及其 3.2% 的收益率很可能是在股市崩盘或调整时不可阻挡的购买股票。</blockquote></p><p> Viatris was officially formed less than a year ago by combining Pfizer's established drug unit UpJohn with generic-drug company Mylan. The idea was that the combined entity would be stronger than the two individual units would have ever been.</p><p><blockquote>Viatris 于不到一年前由辉瑞老牌药物部门 UpJohn 与仿制药公司 Mylan 合并而成，正式成立。这个想法是，合并后的实体将比两个单独的单位更强大。</blockquote></p><p> As you might imagine, combining two drug juggernauts&nbsp;should yield significant efficiencies. The expectation is for more than $1 billion in annual cost synergies by 2023. Further, Viatris' management team expects to have whittled down the company's debt load from $26 billion, when the combination closed, to $19.5 billion by the end of 2023. Less debt outstanding means more financial flexibility and, potentially, the ability to reignite the company's internal research engine.</p><p><blockquote>正如您可能想象的那样，将两个制药巨头结合起来应该会产生显着的效率。预计到 2023 年，年度成本协同效应将超过 10 亿美元。此外，Viatris 的管理团队预计到 2023 年底将公司的债务负担从合并完成时的 260 亿美元削减至 195 亿美元。未偿债务减少意味着更大的财务灵活性，并且有可能重新启动公司内部研究引擎。</blockquote></p><p> The real beauty of Viatris is the consistency of demand for its products. Since&nbsp;healthcare stocks&nbsp;are highly defensive, a poorly performing stock market won't change the fact that people need prescribed drugs. Viatris' leading generic division is also perfectly positioned to take advantage of an aging U.S. and global population.</p><p><blockquote>Viatris真正的魅力在于对其产品需求的一致性。由于医疗保健股具有高度防御性，表现不佳的股市不会改变人们需要处方药的事实。Viatris 领先的仿制药部门也完全有能力利用美国和全球人口老龄化的优势。</blockquote></p><p> With a forward-year P/E ratio below 4, Viatris has about as a cheap of a multiple as you'll ever see in the healthcare space.</p><p><blockquote>Viatris 的远期市盈率低于 4，其市盈率几乎是医疗保健领域的数倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b7df57a973eb8047515b9d2de719a53\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Sea Limited</b></p><p><blockquote><b>海有限公司</b></blockquote></p><p> A fourth unstoppable stock to gobble up if there's a stock market crash or correction is Singapore-based&nbsp;<b>Sea Limited</b>(NYSE:SE). Sea has&nbsp;three exceptionally fast-growing operating segments&nbsp;that could one day push its valuation to $1 trillion.</p><p><blockquote>如果股市崩盘或调整，第四只势不可挡的股票是新加坡<b>海有限公司</b>（纽约证券交易所代码：SE）。Sea 拥有三个异常快速增长的运营部门，有朝一日可能会将其估值推至 1 万亿美元。</blockquote></p><p> First, there's its digital-entertainment segment, which primarily encompasses mobile gaming. Sea ended June with 725 million quarterly active users, 12.7% of which (92.2 million) were paying to play. The average pay-to-play ratio throughout the gaming industry is closer to 2%. Additionally, average bookings per user rose to $1.60 in Q2 from $1.40 in the prior-year period. For the time being, this is the only segment generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).</p><p><blockquote>首先是数字娱乐部门，主要包括移动游戏。截至 6 月底，Sea 拥有 7.25 亿季度活跃用户，其中 12.7%（9220 万）是付费游戏用户。整个博彩业的平均付费游戏比率接近2%。此外，第二季度每个用户的平均预订量从去年同期的 1.40 美元上升到 1.60 美元。目前，这是唯一一个产生正息税折旧摊销前利润（EBITDA）的细分市场。</blockquote></p><p></p><p> Second, Sea has its rapidly growing e-commerce platform, known as Shopee. In the latest quarter, Shopee handled 1.4 billion gross orders (up 127% year over year) and&nbsp;$15 billion in gross merchandise value&nbsp;(GMV). For some context, Shopee handled $10 billion in GMV in the entirety of 2018. The company's annual online retail run rate has sextupled in 2.5 years.</p><p><blockquote>其次，Sea 拥有快速增长的电子商务平台，即 Shopee。在最近一个季度，Shopee 处理了 14 亿份总订单（同比增长 127%）和 150 亿美元的商品总价值 (GMV)。在某些情况下，Shopee 在 2018 年全年处理了 100 亿美元的 GMV。该公司的年在线零售运行率在 2.5 年内增长了六倍。</blockquote></p><p> Lastly, its digital financial services segment has 32.7 million paying digital-wallet users and oversaw more than $4.1 billion in payments in the June-ended quarter. Since many of the emerging markets Sea serves are underbanked, digital wallets could be a sneaky long-term growth story for the company.</p><p><blockquote>最后，其数字金融服务部门拥有 3270 万付费数字钱包用户，并在截至 6 月份的季度监管了超过 41 亿美元的支付。由于 Sea 服务的许多新兴市场银行服务不足，数字钱包可能是该公司偷偷摸摸的长期增长故事。</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>4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</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\">2021-10-14 18:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Double-digit percentage declines in the broader market are more common than investors realize.</li>  <li>There are no shortage of catalysts that could cause a stock market crash or correction.</li>  <li>Buying this quartet of unstoppable companies during a broad-market decline would be a wise move.</li> </ul> </p><p><blockquote><ul><li>大盘两位数的百分比下跌比投资者意识到的要普遍得多。</li><li>不乏可能导致股市崩盘或调整的催化剂。</li><li>在大盘下跌期间收购这四家势不可挡的公司将是明智之举。</li></ul></blockquote></p><p> Some investors might not be thrilled with what I'm about to say, but it's simply a matter of allowing historical data do the talking: A stock market crash or correction may be brewing.</p><p><blockquote>一些投资者可能不会对我接下来要说的话感到兴奋，但这只是一个让历史数据说话的问题：股市崩盘或调整可能正在酝酿。</blockquote></p><p> Recently, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;underwent its first correction of at least 5% in 10 months. While nothing is guaranteed on Wall Street, a number of signs appear to be pointing to the growing likelihood of downside for the broader market.</p><p><blockquote>最近，基准<b>标普500</b>10个月来首次回调至少5%。尽管华尔街没有任何保证，但许多迹象似乎表明，大盘下行的可能性越来越大。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abf177a2ce4f54e7ed16e4189edb28a7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>There are a laundry list of catalysts that could send the market lower</b></p><p><blockquote><b>有一系列催化剂可能会导致市场下跌</b></blockquote></p><p> For instance, since the beginning of 1950, there have been 38 double-digit percentage declines in the S&amp;P 500. That equates to one drop of at least 10%, on average, every 1.87 years. We're now more than 1.5 years removed from the chaotic bear market decline that bottomed out during the initial stages of the coronavirus pandemic.</p><p><blockquote>例如，自1950年初以来，标普500有38次两位数的百分比下降。这相当于平均每 1.87 年至少下降 10%。我们现在距离冠状病毒大流行初期触底的混乱熊市下跌已经过去了 1.5 年多。</blockquote></p><p> To build on this point, the broader market&nbsp;has responded very similarly&nbsp;following crashes or corrections for the past 60 years. Following each of the previous eight bear markets, excluding the coronavirus crash, there were either one or two declines of 10% in the S&amp;P 500 within three years. What this tells us is that rebounding from a bear market is a process and pretty much never the straight line higher that investors have reveled in for more than 18 months.</p><p><blockquote>基于这一点，过去 60 年来，大盘在崩盘或调整后的反应非常相似。在之前的八次熊市之后，不包括冠状病毒崩盘，标普500在三年内都出现了一两次10%的下跌。这告诉我们，从熊市中反弹是一个过程，而且几乎永远不会出现投资者 18 个多月以来一直享受的直线上涨。</blockquote></p><p> Macroeconomic factors and fundamental metrics pose warnings, too. Rapidly rising crude oil and natural-gas prices threaten pocketbooks and could quickly throttle down economic growth following the pandemic-induced recession.</p><p><blockquote>宏观经济因素和基本面指标也发出警告。原油和天然气价格的快速上涨威胁着钱包，并可能在疫情引发的衰退后迅速抑制经济增长。</blockquote></p><p> There's also margin debt, which&nbsp;has climbed at a precipitous pace in 2021. Data from market-analytics company Yardeni Research shows that there have only been three instances since the beginning of 1995 where margin debt rose 60% or more in a single year. The previous two occurred just months before the dot-com bubble burst and the financial crisis began.</p><p><blockquote>还有保证金债务，该债务在 2021 年急剧攀升。市场分析公司Yardeni Research的数据显示，自1995年初以来，只有三次保证金债务在一年内上涨60%或以上。前两次发生在互联网泡沫破裂和金融危机爆发前几个月。</blockquote></p><p> Even valuations are a concern. The S&amp;P 500's Shiller price-to-earnings (P/E) ratio sits at 37.7, which is well over double its 151-year average of 16.9. Perhaps more worrisome, the S&amp;P 500's Shiller P/E has only crossed above and held 30 on five occasions in 151 years. The previous four instances saw minimum declines of at least 20% after the Shiller P/E ratio peaked.</p><p><blockquote>甚至估值也令人担忧。标准普尔 500 指数的席勒市盈率 (P/E) 为 37.7，是 151 年平均水平 16.9 的两倍多。也许更令人担忧的是，标准普尔 500 指数的席勒市盈率在 151 年中仅五次突破过该水平并保持在 30 点。在席勒市盈率见顶后，前四个例子的最小跌幅至少为20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5907a4556df957bb90a0b8342cf7d9b9\" tg-width=\"2000\" tg-height=\"1390\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Crashes and corrections are an opportunity to buy great stocks at a discount</p><p><blockquote>崩盘和调整是以折扣价购买优质股票的机会</blockquote></p><p> But there's another side to this story. Even though stock market corrections occur often, they've always eventually been erased by a bull-market rally. Buying great companies at a discount during a crash or correction and holding those stakes for long periods of time is a recipe to build wealth over time.</p><p><blockquote>但这个故事还有另一面。尽管股市调整经常发生，但它们最终总是会被牛市反弹抹去。在崩盘或调整期间以折扣价购买伟大的公司并长期持有这些股份是随着时间的推移积累财富的秘诀。</blockquote></p><p> If a stock market crash or double-digit percentage correction does materialize from this recent uptick in volatility, the following four unstoppable stocks would make for perfect buys.</p><p><blockquote>如果最近波动性的上升确实导致股市崩盘或两位数百分比调整，那么以下四只势不可挡的股票将是完美的买入选择。</blockquote></p><p> <b>Berkshire Hathaway</b></p><p><blockquote><b>伯克希尔哈撒韦公司</b></blockquote></p><p> One of the safest ways to build wealth over the long run is to follow in the footsteps of billionaire investor Warren Buffett. The easiest way to do that is to buy shares of&nbsp;<b>Berkshire Hathaway</b>(NYSE:BRK.A)(NYSE:BRK.B), the conglomerate run by Buffett that's averaged ajaw-dropping annual return of 20%since the beginning of 1965 (an aggregate return of close to 3,300,000%).</p><p><blockquote>从长远来看，积累财富最安全的方法之一是追随亿万富翁投资者沃伦·巴菲特的脚步。最简单的方法是购买<b>伯克希尔哈撒韦公司</b>（纽约证券交易所代码：BRK.A）（纽约证券交易所代码：BRK.B）是巴菲特经营的企业集团，自 1965 年初以来，平均年回报率为 20%（总回报率接近 3,300,000%）。</blockquote></p><p> Berkshire Hathaway's portfolio is successful for two key reasons. First,it's highly cyclical, with about 85% of the company's invested assets tied up in tech stocks, financial stocks, and consumer staples. Though the Oracle of Omaha is fully aware that recessions are an inevitable part of the economic cycle, he also understands that economic downturns don't last very long. He's positioned Berkshire's investment portfolio to take advantage of multiyear periods of expansion.</p><p><blockquote>伯克希尔哈撒韦公司的投资组合之所以成功，主要有两个原因。首先，它具有很强的周期性，该公司约 85% 的投资资产与科技股、金融股和必需消费品有关。尽管奥马哈先知完全意识到衰退是经济周期不可避免的一部分，但他也明白经济衰退不会持续很长时间。他将伯克希尔的投资组合定位为利用多年的扩张期。</blockquote></p><p></p><p> The other catalyst working in the company's favor is its&nbsp;dividend income. Over the next 12 months, Berkshire Hathaway should collect more than $5 billion in common and preferred dividends, which equates to about a 5% yield, relative to the company's cost basis on its investments. Warren Buffett has demonstrated how easy it is to build wealth on Wall Street by purchasing businesses with clear-cut competitive advantages and not selling.</p><p><blockquote>对该公司有利的另一个催化剂是其股息收入。在未来 12 个月内，伯克希尔哈撒韦公司应收取超过 50 亿美元的普通股和优先股息，相对于该公司的投资成本，收益率约为 5%。沃伦·巴菲特已经证明，通过收购具有明显竞争优势的企业而不是出售，在华尔街积累财富是多么容易。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79e58192e80c4f6d82046daca6fcb496\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Trulieve Cannabis</b></p><p><blockquote><b>Trulieve大麻</b></blockquote></p><p> If growth stocks are more your thing,marijuana stock<b>Trulieve Cannabis</b>(OTC:TCNNF)&nbsp;has the look of an unstoppable buy if a crash or correction strikes.</p><p><blockquote>如果你更喜欢成长型股票，大麻股票<b>Trulieve大麻</b>（场外交易所代码：TCNNF）如果发生崩盘或调整，看起来就会买入势不可挡。</blockquote></p><p> First of all, we witnessed during the pandemic that cannabis is treated as a non-discretionary good. In other words, people kept buying pot products, no matter how badly the pandemic altered the economic landscape in North America.</p><p><blockquote>首先，我们在疫情期间目睹了大麻被视为一种非自由支配的商品。换句话说，无论疫情如何严重改变北美的经济格局，人们都继续购买大麻产品。</blockquote></p><p> More specific to Trulieve, it's&nbsp;really differentiated itself&nbsp;from other pot stocks. With most multistate operators (MSOs) setting up shop in well over a dozen legalized U.S. markets, Trulieve focused most of its attention on medical marijuana-legal Florida. Trulieve has 94 operating dispensaries in the Sunshine State, which represents about a quarter of all cannabis retail locations statewide.</p><p><blockquote>更具体地说，Trulieve 确实区别于其他大麻股票。随着大多数多州运营商(MSO)在十几个合法的美国市场开店，Trulieve将大部分注意力集中在医用大麻合法化的佛罗里达州。Trulieve在阳光之州有94家运营药房，约占全州所有大麻零售点的四分之一。</blockquote></p><p> Saturating one of the largest pot markets in the U.S. has helped the company effectively build up its brand without breaking the bank on the marketing front. As a result, Trulieve Cannabis has been profitable for more than three years.</p><p><blockquote>美国最大的大麻市场之一的饱和帮助该公司有效地建立了品牌，而不会在营销方面倾家荡产。因此，Trulieve Cannabis已经盈利了三年多。</blockquote></p><p> What's more, Trulieve recently completed its all-share acquisition of MSO Harvest Health &amp; Recreation. This deal moves it into new markets, and most importantly, makes it the key player in Arizona, which legalized recreational marijuana in November 2020.</p><p><blockquote>此外，Trulieve 最近完成了对 MSO Harvest Health &amp; Recreation 的全部股权收购。这笔交易将其推向了新的市场，最重要的是，使其成为亚利桑那州的主要参与者，亚利桑那州于 2020 年 11 月将娱乐性大麻合法化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/454f3bd12d9f51f0677b0832102292fc\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Viatris</b></p><p><blockquote><b>维亚特里斯</b></blockquote></p><p> Want deep-discount value and a market-topping dividend yield? Drug-company<b>Viatris</b>(NASDAQ:VTRS)and its 3.2% yield may well be the unstoppable stock to buy if there's a stock market crash or correction.</p><p><blockquote>想要大幅折扣价值和高于市场的股息收益率吗？制药公司<b>维亚特里斯</b>（纳斯达克股票代码：VTRS）及其 3.2% 的收益率很可能是在股市崩盘或调整时不可阻挡的购买股票。</blockquote></p><p> Viatris was officially formed less than a year ago by combining Pfizer's established drug unit UpJohn with generic-drug company Mylan. The idea was that the combined entity would be stronger than the two individual units would have ever been.</p><p><blockquote>Viatris 于不到一年前由辉瑞老牌药物部门 UpJohn 与仿制药公司 Mylan 合并而成，正式成立。这个想法是，合并后的实体将比两个单独的单位更强大。</blockquote></p><p> As you might imagine, combining two drug juggernauts&nbsp;should yield significant efficiencies. The expectation is for more than $1 billion in annual cost synergies by 2023. Further, Viatris' management team expects to have whittled down the company's debt load from $26 billion, when the combination closed, to $19.5 billion by the end of 2023. Less debt outstanding means more financial flexibility and, potentially, the ability to reignite the company's internal research engine.</p><p><blockquote>正如您可能想象的那样，将两个制药巨头结合起来应该会产生显着的效率。预计到 2023 年，年度成本协同效应将超过 10 亿美元。此外，Viatris 的管理团队预计到 2023 年底将公司的债务负担从合并完成时的 260 亿美元削减至 195 亿美元。未偿债务减少意味着更大的财务灵活性，并且有可能重新启动公司内部研究引擎。</blockquote></p><p> The real beauty of Viatris is the consistency of demand for its products. Since&nbsp;healthcare stocks&nbsp;are highly defensive, a poorly performing stock market won't change the fact that people need prescribed drugs. Viatris' leading generic division is also perfectly positioned to take advantage of an aging U.S. and global population.</p><p><blockquote>Viatris真正的魅力在于对其产品需求的一致性。由于医疗保健股具有高度防御性，表现不佳的股市不会改变人们需要处方药的事实。Viatris 领先的仿制药部门也完全有能力利用美国和全球人口老龄化的优势。</blockquote></p><p> With a forward-year P/E ratio below 4, Viatris has about as a cheap of a multiple as you'll ever see in the healthcare space.</p><p><blockquote>Viatris 的远期市盈率低于 4，其市盈率几乎是医疗保健领域的数倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b7df57a973eb8047515b9d2de719a53\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Sea Limited</b></p><p><blockquote><b>海有限公司</b></blockquote></p><p> A fourth unstoppable stock to gobble up if there's a stock market crash or correction is Singapore-based&nbsp;<b>Sea Limited</b>(NYSE:SE). Sea has&nbsp;three exceptionally fast-growing operating segments&nbsp;that could one day push its valuation to $1 trillion.</p><p><blockquote>如果股市崩盘或调整，第四只势不可挡的股票是新加坡<b>海有限公司</b>（纽约证券交易所代码：SE）。Sea 拥有三个异常快速增长的运营部门，有朝一日可能会将其估值推至 1 万亿美元。</blockquote></p><p> First, there's its digital-entertainment segment, which primarily encompasses mobile gaming. Sea ended June with 725 million quarterly active users, 12.7% of which (92.2 million) were paying to play. The average pay-to-play ratio throughout the gaming industry is closer to 2%. Additionally, average bookings per user rose to $1.60 in Q2 from $1.40 in the prior-year period. For the time being, this is the only segment generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).</p><p><blockquote>首先是数字娱乐部门，主要包括移动游戏。截至 6 月底，Sea 拥有 7.25 亿季度活跃用户，其中 12.7%（9220 万）是付费游戏用户。整个博彩业的平均付费游戏比率接近2%。此外，第二季度每个用户的平均预订量从去年同期的 1.40 美元上升到 1.60 美元。目前，这是唯一一个产生正息税折旧摊销前利润（EBITDA）的细分市场。</blockquote></p><p></p><p> Second, Sea has its rapidly growing e-commerce platform, known as Shopee. In the latest quarter, Shopee handled 1.4 billion gross orders (up 127% year over year) and&nbsp;$15 billion in gross merchandise value&nbsp;(GMV). For some context, Shopee handled $10 billion in GMV in the entirety of 2018. The company's annual online retail run rate has sextupled in 2.5 years.</p><p><blockquote>其次，Sea 拥有快速增长的电子商务平台，即 Shopee。在最近一个季度，Shopee 处理了 14 亿份总订单（同比增长 127%）和 150 亿美元的商品总价值 (GMV)。在某些情况下，Shopee 在 2018 年全年处理了 100 亿美元的 GMV。该公司的年在线零售运行率在 2.5 年内增长了六倍。</blockquote></p><p> Lastly, its digital financial services segment has 32.7 million paying digital-wallet users and oversaw more than $4.1 billion in payments in the June-ended quarter. Since many of the emerging markets Sea serves are underbanked, digital wallets could be a sneaky long-term growth story for the company.</p><p><blockquote>最后，其数字金融服务部门拥有 3270 万付费数字钱包用户，并在截至 6 月份的季度监管了超过 41 亿美元的支付。由于 Sea 服务的许多新兴市场银行服务不足，数字钱包可能是该公司偷偷摸摸的长期增长故事。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/10/14/4-unstoppable-stocks-to-buy-if-stock-market-crash/\">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":{"VTRS":"Viatris Inc.","BRK.A":"伯克希尔","BRK.B":"伯克希尔B","TCNNF":"TRULIEVE CANNABIS CORP","SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/10/14/4-unstoppable-stocks-to-buy-if-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184483169","content_text":"Key Points\n\nDouble-digit percentage declines in the broader market are more common than investors realize.\nThere are no shortage of catalysts that could cause a stock market crash or correction.\nBuying this quartet of unstoppable companies during a broad-market decline would be a wise move.\n\n\nSome investors might not be thrilled with what I'm about to say, but it's simply a matter of allowing historical data do the talking: A stock market crash or correction may be brewing.\nRecently, the benchmark S&P 500 underwent its first correction of at least 5% in 10 months. While nothing is guaranteed on Wall Street, a number of signs appear to be pointing to the growing likelihood of downside for the broader market.\nIMAGE SOURCE: GETTY IMAGES.\nThere are a laundry list of catalysts that could send the market lower\nFor instance, since the beginning of 1950, there have been 38 double-digit percentage declines in the S&P 500. That equates to one drop of at least 10%, on average, every 1.87 years. We're now more than 1.5 years removed from the chaotic bear market decline that bottomed out during the initial stages of the coronavirus pandemic.\nTo build on this point, the broader market has responded very similarly following crashes or corrections for the past 60 years. Following each of the previous eight bear markets, excluding the coronavirus crash, there were either one or two declines of 10% in the S&P 500 within three years. What this tells us is that rebounding from a bear market is a process and pretty much never the straight line higher that investors have reveled in for more than 18 months.\nMacroeconomic factors and fundamental metrics pose warnings, too. Rapidly rising crude oil and natural-gas prices threaten pocketbooks and could quickly throttle down economic growth following the pandemic-induced recession.\nThere's also margin debt, which has climbed at a precipitous pace in 2021. Data from market-analytics company Yardeni Research shows that there have only been three instances since the beginning of 1995 where margin debt rose 60% or more in a single year. The previous two occurred just months before the dot-com bubble burst and the financial crisis began.\nEven valuations are a concern. The S&P 500's Shiller price-to-earnings (P/E) ratio sits at 37.7, which is well over double its 151-year average of 16.9. Perhaps more worrisome, the S&P 500's Shiller P/E has only crossed above and held 30 on five occasions in 151 years. The previous four instances saw minimum declines of at least 20% after the Shiller P/E ratio peaked.\nIMAGE SOURCE: GETTY IMAGES.\nCrashes and corrections are an opportunity to buy great stocks at a discount\nBut there's another side to this story. Even though stock market corrections occur often, they've always eventually been erased by a bull-market rally. Buying great companies at a discount during a crash or correction and holding those stakes for long periods of time is a recipe to build wealth over time.\nIf a stock market crash or double-digit percentage correction does materialize from this recent uptick in volatility, the following four unstoppable stocks would make for perfect buys.\nBerkshire Hathaway\nOne of the safest ways to build wealth over the long run is to follow in the footsteps of billionaire investor Warren Buffett. The easiest way to do that is to buy shares of Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B), the conglomerate run by Buffett that's averaged ajaw-dropping annual return of 20%since the beginning of 1965 (an aggregate return of close to 3,300,000%).\nBerkshire Hathaway's portfolio is successful for two key reasons. First,it's highly cyclical, with about 85% of the company's invested assets tied up in tech stocks, financial stocks, and consumer staples. Though the Oracle of Omaha is fully aware that recessions are an inevitable part of the economic cycle, he also understands that economic downturns don't last very long. He's positioned Berkshire's investment portfolio to take advantage of multiyear periods of expansion.\nThe other catalyst working in the company's favor is its dividend income. Over the next 12 months, Berkshire Hathaway should collect more than $5 billion in common and preferred dividends, which equates to about a 5% yield, relative to the company's cost basis on its investments. Warren Buffett has demonstrated how easy it is to build wealth on Wall Street by purchasing businesses with clear-cut competitive advantages and not selling.\nIMAGE SOURCE: GETTY IMAGES.\nTrulieve Cannabis\nIf growth stocks are more your thing,marijuana stockTrulieve Cannabis(OTC:TCNNF) has the look of an unstoppable buy if a crash or correction strikes.\nFirst of all, we witnessed during the pandemic that cannabis is treated as a non-discretionary good. In other words, people kept buying pot products, no matter how badly the pandemic altered the economic landscape in North America.\nMore specific to Trulieve, it's really differentiated itself from other pot stocks. With most multistate operators (MSOs) setting up shop in well over a dozen legalized U.S. markets, Trulieve focused most of its attention on medical marijuana-legal Florida. Trulieve has 94 operating dispensaries in the Sunshine State, which represents about a quarter of all cannabis retail locations statewide.\nSaturating one of the largest pot markets in the U.S. has helped the company effectively build up its brand without breaking the bank on the marketing front. As a result, Trulieve Cannabis has been profitable for more than three years.\nWhat's more, Trulieve recently completed its all-share acquisition of MSO Harvest Health & Recreation. This deal moves it into new markets, and most importantly, makes it the key player in Arizona, which legalized recreational marijuana in November 2020.\nIMAGE SOURCE: GETTY IMAGES.\nViatris\nWant deep-discount value and a market-topping dividend yield? Drug-companyViatris(NASDAQ:VTRS)and its 3.2% yield may well be the unstoppable stock to buy if there's a stock market crash or correction.\nViatris was officially formed less than a year ago by combining Pfizer's established drug unit UpJohn with generic-drug company Mylan. The idea was that the combined entity would be stronger than the two individual units would have ever been.\nAs you might imagine, combining two drug juggernauts should yield significant efficiencies. The expectation is for more than $1 billion in annual cost synergies by 2023. Further, Viatris' management team expects to have whittled down the company's debt load from $26 billion, when the combination closed, to $19.5 billion by the end of 2023. Less debt outstanding means more financial flexibility and, potentially, the ability to reignite the company's internal research engine.\nThe real beauty of Viatris is the consistency of demand for its products. Since healthcare stocks are highly defensive, a poorly performing stock market won't change the fact that people need prescribed drugs. Viatris' leading generic division is also perfectly positioned to take advantage of an aging U.S. and global population.\nWith a forward-year P/E ratio below 4, Viatris has about as a cheap of a multiple as you'll ever see in the healthcare space.\nIMAGE SOURCE: GETTY IMAGES.\nSea Limited\nA fourth unstoppable stock to gobble up if there's a stock market crash or correction is Singapore-based Sea Limited(NYSE:SE). Sea has three exceptionally fast-growing operating segments that could one day push its valuation to $1 trillion.\nFirst, there's its digital-entertainment segment, which primarily encompasses mobile gaming. Sea ended June with 725 million quarterly active users, 12.7% of which (92.2 million) were paying to play. The average pay-to-play ratio throughout the gaming industry is closer to 2%. Additionally, average bookings per user rose to $1.60 in Q2 from $1.40 in the prior-year period. For the time being, this is the only segment generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).\nSecond, Sea has its rapidly growing e-commerce platform, known as Shopee. In the latest quarter, Shopee handled 1.4 billion gross orders (up 127% year over year) and $15 billion in gross merchandise value (GMV). For some context, Shopee handled $10 billion in GMV in the entirety of 2018. The company's annual online retail run rate has sextupled in 2.5 years.\nLastly, its digital financial services segment has 32.7 million paying digital-wallet users and oversaw more than $4.1 billion in payments in the June-ended quarter. Since many of the emerging markets Sea serves are underbanked, digital wallets could be a sneaky long-term growth story for the company.","news_type":1,"symbols_score_info":{"TCNNF":0.9,"BRK.A":0.9,"VTRS":0.9,"BRK.B":0.9,"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":6068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821372994,"gmtCreate":1633702479461,"gmtModify":1633702491938,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"They're selling belief[开心],&nbsp; and see who buys it","listText":"They're selling belief[开心],&nbsp; and see who buys it","text":"They're selling belief[开心], and see who buys it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821372994","repostId":"1148541667","repostType":4,"repost":{"id":"1148541667","kind":"news","pubTimestamp":1633698139,"share":"https://www.laohunote.com/m/news/1148541667?lang=zh_CN&edition=full","pubTime":"2021-10-08 21:02","market":"us","language":"en","title":"Tesla Stock Is Only Worth This Much, Analysts Insist<blockquote>分析师坚称，特斯拉股票只值这么多钱</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148541667","media":"investors","summary":"Elon Musk just pitched investors on why Tesla Motors's future is bright. But analysts disagree — cal","content":"<p>Elon Musk&nbsp;just pitched investors&nbsp;on why <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>'s future is bright. But analysts disagree — calling the sixth most valuable stock in the S&amp;P 500 among the very most overvalued.</p><p><blockquote>埃隆·马斯克刚刚向投资者解释了原因<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>前途一片光明。但分析师并不同意——称标普500第六大最有价值的股票是最被高估的股票之一。</blockquote></p><p> Tesla is the third most overvalued stock in the S&amp;P 500, analysts say, just after materials company&nbsp;<b>Amcor</b>(AMC) and industrial firm&nbsp;<b>Robert Half</b>(RHI), according to an Investor's Business Daily analysis of data from S&amp;P Global Market Intelligence andMarketSmith. The stock, which closed at 793.61 on Thursday, is rated a \"hold\" by analysts, on average.</p><p><blockquote>分析师表示，特斯拉是标普500第三大被高估的股票，仅次于材料公司<b>安科尔</b>（AMC）和工业公司<b>罗伯特·哈夫</b>（RHI），根据《投资者商业日报》对标准普尔全球市场情报和MarketSmith数据的分析。该股周四收于 793.61 点，分析师平均给予“持有”评级。</blockquote></p><p> To be precise, analysts think Tesla stock is more than 13% overvalued and should only be a 688.99-a-share stock in 12 months. That's a shock for investors who pushed shares up nearly 13% just this year — and nearly 1,500% in the past three years. In comparison,the S&amp;P 500 is up17% this year, but only 52% in the past three.</p><p><blockquote>准确地说，分析师认为特斯拉股票被高估了13%以上，12个月后每股应该只有688.99美元。这让投资者感到震惊，他们仅今年就将股价推高了近 13%，在过去三年中更是推高了近 1,500%。相比之下，标普500今年上涨了 17%，但过去三年仅上涨了 52%。</blockquote></p><p> And the Tesla stock debate will heat up on Friday, the first day of trading following the company's shareholder meeting.</p><p><blockquote>周五，即公司股东大会后的第一个交易日，特斯拉股票辩论将升温。</blockquote></p><p> <b>Tesla Stock Hate Unusual In The S&amp;P 500</b></p><p><blockquote><b>标普500对特斯拉股票的厌恶并不寻常</b></blockquote></p><p> Calling an S&amp;P 500 stock more than 10% overvalued is highly unusual.Analysts just don't do that often. The numbers show you just how rare it is.</p><p><blockquote>称标普500股票被高估 10% 以上是非常不寻常的。分析师只是不经常这样做。这些数字告诉你它有多罕见。</blockquote></p><p> Analysts only think 40 S&amp;P 500 stocks, or less than 10% of the index, are overvalued. And of those, it's almost unheard of to say they're 10% too expensive. In fact, analysts think the 40 overvalued companies, on average, are only 4% overvalued. And they think that half of the overvalued S&amp;P 500 stocks are just 3% too pricey.</p><p><blockquote>分析师仅认为 40 只标普500股票（不到该指数的 10%）被高估。其中，说它们贵10%几乎是闻所未闻的。事实上，分析师认为40家被高估的公司平均只有4%被高估。他们认为，一半被高估的标普500股票只是贵了3%。</blockquote></p><p> And that's where analysts' skepticism of Tesla is so unusual. The pessimistic 688.99 12-month price target on Tesla is the product of more than 30 analysts, says S&amp;P Global Market Intelligence. And it's actually down roughly 3% from their price target of 709.44 in late April.</p><p><blockquote>这就是分析师对特斯拉的怀疑如此不寻常的地方。标准普尔全球市场情报公司表示，特斯拉悲观的 12 个月目标价 688.99 美元是 30 多名分析师的产物。实际上，它比 4 月底 709.44 的目标价下跌了约 3%。</blockquote></p><p> But part of the story is the massive spread between the believers and nonbelievers. The median 12-month price target, 755.00, on Tesla stock is higher than the average. The highest price target calls for shares to trade at 1,200, while the lowest is at 150. But even the more charitable median Tesla price target implies the stock is more than 6% overvalued. That's much higher than average within the S&amp;P 500.</p><p><blockquote>但故事的一部分是信徒和非信徒之间的大规模传播。特斯拉股票 12 个月目标价中值为 755.00 美元，高于平均水平。股票交易的最高目标价评级为 1,200，最低为 150。但即使是更慈善的特斯拉目标价中值也意味着该股被高估了 6% 以上。这远高于标普500的平均水平。</blockquote></p><p> And the stakes are huge. Tesla commands a market value of nearly $800 billion. Just this one consumer discretionary company accounts for nearly 2% of the S&amp;P 500.Should you buy Tesla stock now?</p><p><blockquote>赌注是巨大的。特斯拉的市值接近8000亿美元。仅这一家非必需消费品公司就占据了近 2% 的标普500。您现在应该购买特斯拉股票吗？</blockquote></p><p> <b>Some S&amp;P 500 Analysts Break Rank</b></p><p><blockquote><b>一些标普500分析师降级</b></blockquote></p><p> Not all Tesla analysts are so bearish.Some are offering support.</p><p><blockquote>并非所有特斯拉分析师都如此悲观。有些人提供支持。</blockquote></p><p> Just this week, CFRA analyst Garrett Nelson boosted his price target on Tesla by more than 11% to 750 a share. But that's still 5% lower than Thursday's close. Nelson also upped his adjusted earnings-per-share estimate for fiscal 2021 by more than 7% to $5.30. S&amp;P 500 analysts at large think Tesla will make $5.44 a share, up more than 140% from 2020.</p><p><blockquote>就在本周，CFRA 分析师 Garrett Nelson 将特斯拉的目标价上调了 11% 以上，至每股 750 美元。但这仍比周四收盘价低 5%。纳尔逊还将 2021 财年调整后每股收益预期上调了 7% 以上，至 5.30 美元。标普500普遍分析师认为特斯拉每股收益将为 5.44 美元，比 2020 年上涨 140% 以上。</blockquote></p><p> \"We remain at a Hold on valuation and due to concerns related to increasing EV competition and uncertainties related to the infrastructure bill and future tax credits, as various lawmakers increasingly withdraw their prior support for the infrastructure bill,\" he said.</p><p><blockquote>他表示：“由于对电动汽车竞争加剧以及与基础设施法案和未来税收抵免相关的不确定性的担忧，随着各立法者越来越多地撤回之前对基础设施法案的支持，我们仍维持估值不变。”</blockquote></p><p> Wedbush's Dan Ives, though, is much more positive. He's calling for Tesla stock to rally more than 26% until hitting his 12-month price target of 1,000 a share. But he makes it clear that's a long-term call.</p><p><blockquote>不过，韦德布什的丹·艾夫斯要积极得多。他呼吁特斯拉股价上涨 26% 以上，直到达到每股 1,000 美元的 12 个月目标。但他明确表示，这是一个长期的看涨期权。</blockquote></p><p> \"We maintain our outperform rating and 1,000 price target as Tesla remains our favorite way to play the green tidal wave and a $5 trillion EV market over the next decade,\" he said.</p><p><blockquote>他表示：“我们维持跑赢大盘的评级和 1,000 美元的目标价，因为特斯拉仍然是我们在未来十年利用绿色浪潮和 5 万亿美元电动汽车市场的首选方式。”</blockquote></p><p> <b>Tesla: Among The Most Overvalued S&amp;P 500 Stocks, Say Analysts</b></p><p><blockquote><b>特斯拉：分析师称是被高估最严重的标普500股票之一</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/e304055922aa2249004fd4f460c17de3\" tg-width=\"816\" tg-height=\"637\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","source":"lsy1610449120050","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Is Only Worth This Much, Analysts Insist<blockquote>分析师坚称，特斯拉股票只值这么多钱</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Is Only Worth This Much, Analysts Insist<blockquote>分析师坚称，特斯拉股票只值这么多钱</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">investors</strong><span class=\"h-time small\">2021-10-08 21:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Elon Musk&nbsp;just pitched investors&nbsp;on why <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>'s future is bright. But analysts disagree — calling the sixth most valuable stock in the S&amp;P 500 among the very most overvalued.</p><p><blockquote>埃隆·马斯克刚刚向投资者解释了原因<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>前途一片光明。但分析师并不同意——称标普500第六大最有价值的股票是最被高估的股票之一。</blockquote></p><p> Tesla is the third most overvalued stock in the S&amp;P 500, analysts say, just after materials company&nbsp;<b>Amcor</b>(AMC) and industrial firm&nbsp;<b>Robert Half</b>(RHI), according to an Investor's Business Daily analysis of data from S&amp;P Global Market Intelligence andMarketSmith. The stock, which closed at 793.61 on Thursday, is rated a \"hold\" by analysts, on average.</p><p><blockquote>分析师表示，特斯拉是标普500第三大被高估的股票，仅次于材料公司<b>安科尔</b>（AMC）和工业公司<b>罗伯特·哈夫</b>（RHI），根据《投资者商业日报》对标准普尔全球市场情报和MarketSmith数据的分析。该股周四收于 793.61 点，分析师平均给予“持有”评级。</blockquote></p><p> To be precise, analysts think Tesla stock is more than 13% overvalued and should only be a 688.99-a-share stock in 12 months. That's a shock for investors who pushed shares up nearly 13% just this year — and nearly 1,500% in the past three years. In comparison,the S&amp;P 500 is up17% this year, but only 52% in the past three.</p><p><blockquote>准确地说，分析师认为特斯拉股票被高估了13%以上，12个月后每股应该只有688.99美元。这让投资者感到震惊，他们仅今年就将股价推高了近 13%，在过去三年中更是推高了近 1,500%。相比之下，标普500今年上涨了 17%，但过去三年仅上涨了 52%。</blockquote></p><p> And the Tesla stock debate will heat up on Friday, the first day of trading following the company's shareholder meeting.</p><p><blockquote>周五，即公司股东大会后的第一个交易日，特斯拉股票辩论将升温。</blockquote></p><p> <b>Tesla Stock Hate Unusual In The S&amp;P 500</b></p><p><blockquote><b>标普500对特斯拉股票的厌恶并不寻常</b></blockquote></p><p> Calling an S&amp;P 500 stock more than 10% overvalued is highly unusual.Analysts just don't do that often. The numbers show you just how rare it is.</p><p><blockquote>称标普500股票被高估 10% 以上是非常不寻常的。分析师只是不经常这样做。这些数字告诉你它有多罕见。</blockquote></p><p> Analysts only think 40 S&amp;P 500 stocks, or less than 10% of the index, are overvalued. And of those, it's almost unheard of to say they're 10% too expensive. In fact, analysts think the 40 overvalued companies, on average, are only 4% overvalued. And they think that half of the overvalued S&amp;P 500 stocks are just 3% too pricey.</p><p><blockquote>分析师仅认为 40 只标普500股票（不到该指数的 10%）被高估。其中，说它们贵10%几乎是闻所未闻的。事实上，分析师认为40家被高估的公司平均只有4%被高估。他们认为，一半被高估的标普500股票只是贵了3%。</blockquote></p><p> And that's where analysts' skepticism of Tesla is so unusual. The pessimistic 688.99 12-month price target on Tesla is the product of more than 30 analysts, says S&amp;P Global Market Intelligence. And it's actually down roughly 3% from their price target of 709.44 in late April.</p><p><blockquote>这就是分析师对特斯拉的怀疑如此不寻常的地方。标准普尔全球市场情报公司表示，特斯拉悲观的 12 个月目标价 688.99 美元是 30 多名分析师的产物。实际上，它比 4 月底 709.44 的目标价下跌了约 3%。</blockquote></p><p> But part of the story is the massive spread between the believers and nonbelievers. The median 12-month price target, 755.00, on Tesla stock is higher than the average. The highest price target calls for shares to trade at 1,200, while the lowest is at 150. But even the more charitable median Tesla price target implies the stock is more than 6% overvalued. That's much higher than average within the S&amp;P 500.</p><p><blockquote>但故事的一部分是信徒和非信徒之间的大规模传播。特斯拉股票 12 个月目标价中值为 755.00 美元，高于平均水平。股票交易的最高目标价评级为 1,200，最低为 150。但即使是更慈善的特斯拉目标价中值也意味着该股被高估了 6% 以上。这远高于标普500的平均水平。</blockquote></p><p> And the stakes are huge. Tesla commands a market value of nearly $800 billion. Just this one consumer discretionary company accounts for nearly 2% of the S&amp;P 500.Should you buy Tesla stock now?</p><p><blockquote>赌注是巨大的。特斯拉的市值接近8000亿美元。仅这一家非必需消费品公司就占据了近 2% 的标普500。您现在应该购买特斯拉股票吗？</blockquote></p><p> <b>Some S&amp;P 500 Analysts Break Rank</b></p><p><blockquote><b>一些标普500分析师降级</b></blockquote></p><p> Not all Tesla analysts are so bearish.Some are offering support.</p><p><blockquote>并非所有特斯拉分析师都如此悲观。有些人提供支持。</blockquote></p><p> Just this week, CFRA analyst Garrett Nelson boosted his price target on Tesla by more than 11% to 750 a share. But that's still 5% lower than Thursday's close. Nelson also upped his adjusted earnings-per-share estimate for fiscal 2021 by more than 7% to $5.30. S&amp;P 500 analysts at large think Tesla will make $5.44 a share, up more than 140% from 2020.</p><p><blockquote>就在本周，CFRA 分析师 Garrett Nelson 将特斯拉的目标价上调了 11% 以上，至每股 750 美元。但这仍比周四收盘价低 5%。纳尔逊还将 2021 财年调整后每股收益预期上调了 7% 以上，至 5.30 美元。标普500普遍分析师认为特斯拉每股收益将为 5.44 美元，比 2020 年上涨 140% 以上。</blockquote></p><p> \"We remain at a Hold on valuation and due to concerns related to increasing EV competition and uncertainties related to the infrastructure bill and future tax credits, as various lawmakers increasingly withdraw their prior support for the infrastructure bill,\" he said.</p><p><blockquote>他表示：“由于对电动汽车竞争加剧以及与基础设施法案和未来税收抵免相关的不确定性的担忧，随着各立法者越来越多地撤回之前对基础设施法案的支持，我们仍维持估值不变。”</blockquote></p><p> Wedbush's Dan Ives, though, is much more positive. He's calling for Tesla stock to rally more than 26% until hitting his 12-month price target of 1,000 a share. But he makes it clear that's a long-term call.</p><p><blockquote>不过，韦德布什的丹·艾夫斯要积极得多。他呼吁特斯拉股价上涨 26% 以上，直到达到每股 1,000 美元的 12 个月目标。但他明确表示，这是一个长期的看涨期权。</blockquote></p><p> \"We maintain our outperform rating and 1,000 price target as Tesla remains our favorite way to play the green tidal wave and a $5 trillion EV market over the next decade,\" he said.</p><p><blockquote>他表示：“我们维持跑赢大盘的评级和 1,000 美元的目标价，因为特斯拉仍然是我们在未来十年利用绿色浪潮和 5 万亿美元电动汽车市场的首选方式。”</blockquote></p><p> <b>Tesla: Among The Most Overvalued S&amp;P 500 Stocks, Say Analysts</b></p><p><blockquote><b>特斯拉：分析师称是被高估最严重的标普500股票之一</b></blockquote></p><p> <img src=\"https://static.tigerbbs.com/e304055922aa2249004fd4f460c17de3\" tg-width=\"816\" tg-height=\"637\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investors.com/etfs-and-funds/sectors/tesla-stock-is-only-worth-this-much-analysts-think-sp500/?src=A00220\">investors</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.investors.com/etfs-and-funds/sectors/tesla-stock-is-only-worth-this-much-analysts-think-sp500/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148541667","content_text":"Elon Musk just pitched investors on why Tesla Motors's future is bright. But analysts disagree — calling the sixth most valuable stock in the S&P 500 among the very most overvalued.\nTesla is the third most overvalued stock in the S&P 500, analysts say, just after materials company Amcor(AMC) and industrial firm Robert Half(RHI), according to an Investor's Business Daily analysis of data from S&P Global Market Intelligence andMarketSmith. The stock, which closed at 793.61 on Thursday, is rated a \"hold\" by analysts, on average.\nTo be precise, analysts think Tesla stock is more than 13% overvalued and should only be a 688.99-a-share stock in 12 months. That's a shock for investors who pushed shares up nearly 13% just this year — and nearly 1,500% in the past three years. In comparison,the S&P 500 is up17% this year, but only 52% in the past three.\nAnd the Tesla stock debate will heat up on Friday, the first day of trading following the company's shareholder meeting.\nTesla Stock Hate Unusual In The S&P 500\nCalling an S&P 500 stock more than 10% overvalued is highly unusual.Analysts just don't do that often. The numbers show you just how rare it is.\nAnalysts only think 40 S&P 500 stocks, or less than 10% of the index, are overvalued. And of those, it's almost unheard of to say they're 10% too expensive. In fact, analysts think the 40 overvalued companies, on average, are only 4% overvalued. And they think that half of the overvalued S&P 500 stocks are just 3% too pricey.\nAnd that's where analysts' skepticism of Tesla is so unusual. The pessimistic 688.99 12-month price target on Tesla is the product of more than 30 analysts, says S&P Global Market Intelligence. And it's actually down roughly 3% from their price target of 709.44 in late April.\nBut part of the story is the massive spread between the believers and nonbelievers. The median 12-month price target, 755.00, on Tesla stock is higher than the average. The highest price target calls for shares to trade at 1,200, while the lowest is at 150. But even the more charitable median Tesla price target implies the stock is more than 6% overvalued. That's much higher than average within the S&P 500.\nAnd the stakes are huge. Tesla commands a market value of nearly $800 billion. Just this one consumer discretionary company accounts for nearly 2% of the S&P 500.Should you buy Tesla stock now?\nSome S&P 500 Analysts Break Rank\nNot all Tesla analysts are so bearish.Some are offering support.\nJust this week, CFRA analyst Garrett Nelson boosted his price target on Tesla by more than 11% to 750 a share. But that's still 5% lower than Thursday's close. Nelson also upped his adjusted earnings-per-share estimate for fiscal 2021 by more than 7% to $5.30. S&P 500 analysts at large think Tesla will make $5.44 a share, up more than 140% from 2020.\n\"We remain at a Hold on valuation and due to concerns related to increasing EV competition and uncertainties related to the infrastructure bill and future tax credits, as various lawmakers increasingly withdraw their prior support for the infrastructure bill,\" he said.\nWedbush's Dan Ives, though, is much more positive. He's calling for Tesla stock to rally more than 26% until hitting his 12-month price target of 1,000 a share. But he makes it clear that's a long-term call.\n\"We maintain our outperform rating and 1,000 price target as Tesla remains our favorite way to play the green tidal wave and a $5 trillion EV market over the next decade,\" he said.\nTesla: Among The Most Overvalued S&P 500 Stocks, Say Analysts","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820347197,"gmtCreate":1633355988388,"gmtModify":1633355994913,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"There are always other ways to go about doing it[无语]&nbsp;","listText":"There are always other ways to go about doing it[无语]&nbsp;","text":"There are always other ways to go about doing it[无语]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820347197","repostId":"1136399695","repostType":4,"repost":{"id":"1136399695","kind":"news","pubTimestamp":1633353815,"share":"https://www.laohunote.com/m/news/1136399695?lang=zh_CN&edition=full","pubTime":"2021-10-04 21:23","market":"us","language":"en","title":"A timeline of the Federal Reserve's trading scandal<blockquote>美联储交易丑闻时间表</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136399695","media":"finance.yahoo","summary":"A reputational crisis at the Federal Reserve has led to the resignation of two senior officials with","content":"<p>A reputational crisis at the Federal Reserve has led to the resignation of two senior officials within the central bank, raising questions about the strength of the Fed’s guardrails around personal financial interests.</p><p><blockquote>美联储的声誉危机导致央行两名高级官员辞职，引发了人们对美联储围绕个人财务利益的防护栏强度的质疑。</blockquote></p><p> In September 2021, media reports highlighted several large financial transactions carried out by Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren during 2020. As two heads of the 12 reserve banks, both were instrumental in engineering the Fed’s response to the financial fallout from the COVID-19 pandemic.</p><p><blockquote>2021年9月，媒体报道强调了达拉斯联储主席罗伯特·卡普兰和波士顿联储主席埃里克·罗森格伦在2020年进行的几笔大型金融交易。作为 12 家储备银行的两位行长，两人都在策划美联储应对 COVID-19 大流行病带来的金融影响方面发挥了重要作用。</blockquote></p><p> Rosengren and Kaplan would promise not to do any more trading during their tenure as senior Fed officials, but would later announce early retirements as the public fallout expanded.</p><p><blockquote>罗森格伦和卡普兰承诺在担任美联储高级官员期间不再进行任何交易，但后来随着公众影响的扩大，他们将宣布提前退休。</blockquote></p><p> Fed Vice Chairman Richard Clarida would also likely catch scrutiny forrotating millions of dollars out of bond fund and into stock funds in February 2020— right before the Fed started slashing interest rates.</p><p><blockquote>美联储副主席理查德·克拉里达 (Richard Clarida) 也可能在 2020 年 2 月将数百万美元从债券基金转移到股票基金——就在美联储开始降息之前。</blockquote></p><p> At the direction of Fed Chairman Jerome Powell, the Federal Reserve Board is now in the process of a system-wide review regarding its ethics practices. Questions have been raised as to why members of the policy-setting Federal Open Market Committee (FOMC), with immense power to move markets, would ever be allowed to personally profit on trades.</p><p><blockquote>在美联储主席杰罗姆·鲍威尔的指导下，美联储目前正在对其道德实践进行全系统审查。人们质疑，为什么制定政策的联邦公开市场委员会（FOMC）拥有推动市场的巨大权力，会被允许在交易中个人获利。</blockquote></p><p> “No one is happy,” Powell told the press on Sept. 22. “No one on the FOMC is happy to be in this situation, to be having these questions raised. It's something we take very, very seriously.”</p><p><blockquote>“鲍威尔9月22日对媒体说：”没有人高兴。“联邦公开市场委员会的任何人都不高兴处于这种境地，不高兴被提出这些问题。我们对此非常非常认真。”</blockquote></p><p> Peter Conti-Brown, a professor at the University of Pennsylvania who has written about Fed independence, told Yahoo Finance that the entire situation is a “calamity and a scandal” for the Fed.</p><p><blockquote>宾夕法尼亚大学教授彼得-孔蒂-布朗（Peter Conti-Brown）曾撰写过关于美联储独立性的文章，他告诉雅虎财经，整个情况对美联储来说是一场 “灾难和丑闻”。</blockquote></p><p> “I think central bankers should never be under a cloud of suspicion that they’re advocating for policies that will enrich them,” Conti-Brown said, adding that he would support a wholesale ban on any senior Fed official holding any individual stocks.</p><p><blockquote>“孔蒂-布朗说：”我认为，央行行长们永远不应该受到怀疑，认为他们在倡导能让他们致富的政策。他补充说，他将支持全面禁止任何美联储高级官员持有任何个股。</blockquote></p><p> San Francisco President Mary Daly, whose financial disclosures showed no individual stock holdings, told reporters Sept. 29 that she acknowledges the American public’s concern that the Fed’s existing ethics rules are “not sufficient.”</p><p><blockquote>旧金山美联储主席玛丽-戴利（Mary Daly）的财务披露没有显示她持有任何个人股票，她9月29日对记者说，她承认美国公众担心美联储现有的道德规则 “不够充分”。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041dbdec77d0aa8b865a34c363c30aba\" tg-width=\"705\" tg-height=\"504\" width=\"100%\" height=\"auto\"><span>Boston Fed President Eric Rosengren (left) and Dallas Fed President Robert Kaplan (right) announced early retirements. Credit: Getty and Reuters</span></p><p><blockquote><p class=\"t-img-caption\"><span>波士顿联储主席埃里克·罗森格伦（左）和达拉斯联储主席罗伯特·卡普兰（右）宣布提前退休。图片来源：盖蒂和路透社</span></p></blockquote></p><p> Here’s a timeline of all the events related to the central bank’s ethics debacle (as of Wednesday, September 29, 2021):</p><p><blockquote>以下是与央行道德崩溃相关的所有事件时间表（截至 2021 年 9 月 29 日星期三）：</blockquote></p><p> <b>September 7, 2021:</b>The Wall Street Journalreportsthat Kaplan made multiple stock trades in 2020, with several $1 million dollar-plus stakes taken in Apple, Delta Air Lines, Occidental Petroleum, and iShares Floating Rate Bond ETFs, among others.</p><p><blockquote><b>2021年9月7日：</b>《华尔街日报》报道称，卡普兰在 2020 年进行了多次股票交易，持有苹果、达美航空公司、西方石油公司和 iShares 浮动利率债券 ETF 等价值超过 100 万美元的股份。</blockquote></p><p> <b>September 8, 2021:</b>Bloombergreportsthat Rosengren made multiple purchases and sales in REITs and other securities in 2020, during which he was publicly warning of contagion in real estate markets. The Boston Fed said the trades were not done via a blind trust and were “consistent” with ethics rules.</p><p><blockquote><b>2021年9月8日：</b>彭博社报道称，罗森格伦在 2020 年多次买卖房地产投资信托基金和其他证券，期间他公开警告房地产市场的蔓延。波士顿联储表示，这些交易不是通过盲目信托进行的，并且 “符合 ”道德规则。</blockquote></p><p> <b>September 9, 2021:</b>Federal Reserve Banks of Boston and Dallas simultaneously issue statements with nearly identical language, both noting that their financial transactions complied with the Fed’s ethics rules. The statements said both presidents would dump their holdings by Sept. 30 (with reinvestment into diversified index funds or cash savings), alongside a promise that they would not be active in those accounts as long as they remained presidents.</p><p><blockquote><b>2021年9月9日：</b>波士顿和达拉斯联邦储备银行同时发表了措辞几乎完全相同的声明，均指出其金融交易符合美联储的道德规则。声明称，两位总统将在 9 月 30 日之前抛售其持有的股份（再投资于多元化指数基金或现金储蓄），并承诺只要他们仍然担任总统，就不会活跃在这些账户中。</blockquote></p><p> <b>September 15, 2021:</b>Sen. Elizabeth Warren (D-Mass.)writes to all 12 Federal Reserve banksasking them to, within 60 days, impose a ban on the ownership and trading of individual stocks by senior officials.</p><p><blockquote><b>2021年9月15日：</b>参议员伊丽莎白·沃伦（马萨诸塞州民主党）致信所有 12 家美联储银行，要求它们在 60 天内禁止高级官员拥有和交易个股。</blockquote></p><p> <b>September 16, 2021:</b>Federal Reserve Board issues a statement via a spokesperson noting that Powell directed Board staff the week prior to “take a fresh and comprehensive look at the ethics rules around financial holdings and activities by senior Fed officials.” Fed notes that its rules on personal financial practices are “stricter than those that apply to Congress.”</p><p><blockquote><b>2021年9月16日：</b>美联储董事会通过发言人发表声明指出，鲍威尔在前一周指示董事会工作人员 “重新全面审视美联储高级官员金融控股和活动的道德规则”。美联储指出，其关于个人理财行为的规定 “比适用于国会的规定更严格”。</blockquote></p><p> <b>September 22, 2021:</b>Powellfields questions from the press, insisting he was not aware of the trading until after both presidents had filed disclosures (which are filed on an annual basis). Powell reiterates the Fed's existing restrictions, such as not being able to trade immediately before and during a policy-setting meeting. But the Fed chief admits “no one is happy” about the situation.</p><p><blockquote><b>2021年9月22日：</b>鲍威尔菲尔德接受媒体提问，坚称他直到两位总统提交披露文件（每年提交一次）后才知道这笔交易。鲍威尔重申了美联储现有的限制，例如不能在政策制定会议之前和期间立即进行交易。但美联储主席承认 “没有人对这种情况感到高兴”。</blockquote></p><p> Powell said his personal financial interests includes ownership of municipal securities that he \"froze\" in 2019, holdings that he says were not tradedduring the Fed’s emergency measures in 2020.</p><p><blockquote>鲍威尔说，他的个人财务利益包括他在 2019 年 “冻结 ”的市政证券所有权，他说这些证券在 2020 年美联储采取紧急措施期间没有进行交易。</blockquote></p><p></p><p> <b>September 27, 2021:</b>Before the market open, Boston Fed President Eric Rosengren announces he will pull forward his retirement by nine months, citing the “worsening of a kidney condition.” Rosengren, who was originally scheduled to retire in June 2022, makes no mention of his REIT trades and says his last day will be September 30, 2021.</p><p><blockquote><b>2021年9月27日：</b>开盘前，波士顿联储主席埃里克-罗森格伦（Eric Rosengren）以 “肾脏病情恶化 ”为由宣布将退休时间提前九个月。原定于 2022 年 6 月退休的罗森格伦没有提及他的房地产投资信托基金交易，并表示他的最后一天将是 2021 年 9 月 30 日。</blockquote></p><p> After the market close, Dallas Fed President Robert Kaplan says he will step down October 8, 2021, noting that his financial dealings risk \"becoming a distraction to the Federal Reserve’s execution” of its monetary policy.</p><p><blockquote>收盘后，达拉斯联储主席罗伯特-卡普兰（Robert Kaplan）表示，他将于 2021 年 10 月 8 日卸任，并指出他的金融交易有可能 “分散美联储执行 ”其货币政策的注意力。</blockquote></p><p> <b>September 28, 2021:</b>Powell answers questions from Congress, telling the Senate Banking Committee that the Fed is “also looking carefully at the trading that was done to make sure that it’s in compliance with our rules and the law.\"</p><p><blockquote><b>2021年9月28日：</b>鲍威尔在回答国会提问时告诉参议院银行委员会，美联储 “也在仔细审查交易，以确保其符合我们的规则和法律”。</blockquote></p><p> A Securities and Exchange Commission spokesperson tells Yahoo Finance it \"does not comment on the existence or nonexistence of a possible investigation.\"</p><p><blockquote>美国证券交易委员会发言人告诉雅虎财经，它“不对是否存在可能的调查发表评论”。</blockquote></p><p> <b>September 30, 2021:</b>Rosengren retires as Boston Fed President, with First Vice President Kenneth Montgomery stepping up to serve as interim president. A committee of Boston Fed board directors (not affiliated with regulated banks or financial institutions) will select a permanent replacement, who would need to be approved by the Fed Board.</p><p><blockquote><b>2021年9月30日：</b>罗森格伦从波士顿联储主席职位上退休，第一副主席肯尼斯·蒙哥马利接任临时主席。波士顿联储董事会董事委员会（不隶属于受监管银行或金融机构）将选出一名永久替代者，该替代者需要得到联储董事会的批准。</blockquote></p><p> <b>October 1, 2021:</b>Bloombergreportsthat Fed Vice Chairman Richard Clarida traded between $1 million and $5 million out of a Pimco bond fund and into two stock funds. The shift happened on February 27, 2020, a day before Powell issued arare, impromptu statementreiterating the Fed's support of the economy. The transactions were disclosed via agovernment ethics filing. A Fed spokesman told Bloomberg the transactions \"represent a pre-planned rebalancing to his accounts.\"</p><p><blockquote><b>2021年10月1日：</b>彭博社报道称，美联储副主席理查德·克拉里达 (Richard Clarida) 将 100 万至 500 万美元从太平洋投资管理公司 (Pimco) 债券基金和两只股票基金中交易。这一转变发生在 2020 年 2 月 27 日，也就是鲍威尔发表 arare 即兴声明的前一天，重申美联储对经济的支持。这些交易是通过政府道德文件披露的。美联储发言人告诉彭博社，这些交易“代表了对他账户的预先计划的再平衡”。</blockquote></p><p> <b>October 8, 2021:</b>Kaplan retires as Dallas Fed President, with First Vice President Meredith Black delaying her impending retirement to serve as interim president. A committee of Dallas Fed board directors (not affiliated with regulated banks or financial institutions) will select a permanent replacement, who would need to be approved by the Fed Board.</p><p><blockquote><b>2021年10月8日：</b>卡普兰从达拉斯联储主席职位上退休，第一副主席梅雷迪思·布莱克推迟了她即将退休的时间，以担任临时主席。达拉斯联储董事会董事委员会（不隶属于受监管银行或金融机构）将选出一名永久替代者，该替代者需要得到联储董事会的批准。</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>A timeline of the Federal Reserve's trading scandal<blockquote>美联储交易丑闻时间表</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\">\nA timeline of the Federal Reserve's trading scandal<blockquote>美联储交易丑闻时间表</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\">2021-10-04 21:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A reputational crisis at the Federal Reserve has led to the resignation of two senior officials within the central bank, raising questions about the strength of the Fed’s guardrails around personal financial interests.</p><p><blockquote>美联储的声誉危机导致央行两名高级官员辞职，引发了人们对美联储围绕个人财务利益的防护栏强度的质疑。</blockquote></p><p> In September 2021, media reports highlighted several large financial transactions carried out by Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren during 2020. As two heads of the 12 reserve banks, both were instrumental in engineering the Fed’s response to the financial fallout from the COVID-19 pandemic.</p><p><blockquote>2021年9月，媒体报道强调了达拉斯联储主席罗伯特·卡普兰和波士顿联储主席埃里克·罗森格伦在2020年进行的几笔大型金融交易。作为 12 家储备银行的两位行长，两人都在策划美联储应对 COVID-19 大流行病带来的金融影响方面发挥了重要作用。</blockquote></p><p> Rosengren and Kaplan would promise not to do any more trading during their tenure as senior Fed officials, but would later announce early retirements as the public fallout expanded.</p><p><blockquote>罗森格伦和卡普兰承诺在担任美联储高级官员期间不再进行任何交易，但后来随着公众影响的扩大，他们将宣布提前退休。</blockquote></p><p> Fed Vice Chairman Richard Clarida would also likely catch scrutiny forrotating millions of dollars out of bond fund and into stock funds in February 2020— right before the Fed started slashing interest rates.</p><p><blockquote>美联储副主席理查德·克拉里达 (Richard Clarida) 也可能在 2020 年 2 月将数百万美元从债券基金转移到股票基金——就在美联储开始降息之前。</blockquote></p><p> At the direction of Fed Chairman Jerome Powell, the Federal Reserve Board is now in the process of a system-wide review regarding its ethics practices. Questions have been raised as to why members of the policy-setting Federal Open Market Committee (FOMC), with immense power to move markets, would ever be allowed to personally profit on trades.</p><p><blockquote>在美联储主席杰罗姆·鲍威尔的指导下，美联储目前正在对其道德实践进行全系统审查。人们质疑，为什么制定政策的联邦公开市场委员会（FOMC）拥有推动市场的巨大权力，会被允许在交易中个人获利。</blockquote></p><p> “No one is happy,” Powell told the press on Sept. 22. “No one on the FOMC is happy to be in this situation, to be having these questions raised. It's something we take very, very seriously.”</p><p><blockquote>“鲍威尔9月22日对媒体说：”没有人高兴。“联邦公开市场委员会的任何人都不高兴处于这种境地，不高兴被提出这些问题。我们对此非常非常认真。”</blockquote></p><p> Peter Conti-Brown, a professor at the University of Pennsylvania who has written about Fed independence, told Yahoo Finance that the entire situation is a “calamity and a scandal” for the Fed.</p><p><blockquote>宾夕法尼亚大学教授彼得-孔蒂-布朗（Peter Conti-Brown）曾撰写过关于美联储独立性的文章，他告诉雅虎财经，整个情况对美联储来说是一场 “灾难和丑闻”。</blockquote></p><p> “I think central bankers should never be under a cloud of suspicion that they’re advocating for policies that will enrich them,” Conti-Brown said, adding that he would support a wholesale ban on any senior Fed official holding any individual stocks.</p><p><blockquote>“孔蒂-布朗说：”我认为，央行行长们永远不应该受到怀疑，认为他们在倡导能让他们致富的政策。他补充说，他将支持全面禁止任何美联储高级官员持有任何个股。</blockquote></p><p> San Francisco President Mary Daly, whose financial disclosures showed no individual stock holdings, told reporters Sept. 29 that she acknowledges the American public’s concern that the Fed’s existing ethics rules are “not sufficient.”</p><p><blockquote>旧金山美联储主席玛丽-戴利（Mary Daly）的财务披露没有显示她持有任何个人股票，她9月29日对记者说，她承认美国公众担心美联储现有的道德规则 “不够充分”。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041dbdec77d0aa8b865a34c363c30aba\" tg-width=\"705\" tg-height=\"504\" width=\"100%\" height=\"auto\"><span>Boston Fed President Eric Rosengren (left) and Dallas Fed President Robert Kaplan (right) announced early retirements. Credit: Getty and Reuters</span></p><p><blockquote><p class=\"t-img-caption\"><span>波士顿联储主席埃里克·罗森格伦（左）和达拉斯联储主席罗伯特·卡普兰（右）宣布提前退休。图片来源：盖蒂和路透社</span></p></blockquote></p><p> Here’s a timeline of all the events related to the central bank’s ethics debacle (as of Wednesday, September 29, 2021):</p><p><blockquote>以下是与央行道德崩溃相关的所有事件时间表（截至 2021 年 9 月 29 日星期三）：</blockquote></p><p> <b>September 7, 2021:</b>The Wall Street Journalreportsthat Kaplan made multiple stock trades in 2020, with several $1 million dollar-plus stakes taken in Apple, Delta Air Lines, Occidental Petroleum, and iShares Floating Rate Bond ETFs, among others.</p><p><blockquote><b>2021年9月7日：</b>《华尔街日报》报道称，卡普兰在 2020 年进行了多次股票交易，持有苹果、达美航空公司、西方石油公司和 iShares 浮动利率债券 ETF 等价值超过 100 万美元的股份。</blockquote></p><p> <b>September 8, 2021:</b>Bloombergreportsthat Rosengren made multiple purchases and sales in REITs and other securities in 2020, during which he was publicly warning of contagion in real estate markets. The Boston Fed said the trades were not done via a blind trust and were “consistent” with ethics rules.</p><p><blockquote><b>2021年9月8日：</b>彭博社报道称，罗森格伦在 2020 年多次买卖房地产投资信托基金和其他证券，期间他公开警告房地产市场的蔓延。波士顿联储表示，这些交易不是通过盲目信托进行的，并且 “符合 ”道德规则。</blockquote></p><p> <b>September 9, 2021:</b>Federal Reserve Banks of Boston and Dallas simultaneously issue statements with nearly identical language, both noting that their financial transactions complied with the Fed’s ethics rules. The statements said both presidents would dump their holdings by Sept. 30 (with reinvestment into diversified index funds or cash savings), alongside a promise that they would not be active in those accounts as long as they remained presidents.</p><p><blockquote><b>2021年9月9日：</b>波士顿和达拉斯联邦储备银行同时发表了措辞几乎完全相同的声明，均指出其金融交易符合美联储的道德规则。声明称，两位总统将在 9 月 30 日之前抛售其持有的股份（再投资于多元化指数基金或现金储蓄），并承诺只要他们仍然担任总统，就不会活跃在这些账户中。</blockquote></p><p> <b>September 15, 2021:</b>Sen. Elizabeth Warren (D-Mass.)writes to all 12 Federal Reserve banksasking them to, within 60 days, impose a ban on the ownership and trading of individual stocks by senior officials.</p><p><blockquote><b>2021年9月15日：</b>参议员伊丽莎白·沃伦（马萨诸塞州民主党）致信所有 12 家美联储银行，要求它们在 60 天内禁止高级官员拥有和交易个股。</blockquote></p><p> <b>September 16, 2021:</b>Federal Reserve Board issues a statement via a spokesperson noting that Powell directed Board staff the week prior to “take a fresh and comprehensive look at the ethics rules around financial holdings and activities by senior Fed officials.” Fed notes that its rules on personal financial practices are “stricter than those that apply to Congress.”</p><p><blockquote><b>2021年9月16日：</b>美联储董事会通过发言人发表声明指出，鲍威尔在前一周指示董事会工作人员 “重新全面审视美联储高级官员金融控股和活动的道德规则”。美联储指出，其关于个人理财行为的规定 “比适用于国会的规定更严格”。</blockquote></p><p> <b>September 22, 2021:</b>Powellfields questions from the press, insisting he was not aware of the trading until after both presidents had filed disclosures (which are filed on an annual basis). Powell reiterates the Fed's existing restrictions, such as not being able to trade immediately before and during a policy-setting meeting. But the Fed chief admits “no one is happy” about the situation.</p><p><blockquote><b>2021年9月22日：</b>鲍威尔菲尔德接受媒体提问，坚称他直到两位总统提交披露文件（每年提交一次）后才知道这笔交易。鲍威尔重申了美联储现有的限制，例如不能在政策制定会议之前和期间立即进行交易。但美联储主席承认 “没有人对这种情况感到高兴”。</blockquote></p><p> Powell said his personal financial interests includes ownership of municipal securities that he \"froze\" in 2019, holdings that he says were not tradedduring the Fed’s emergency measures in 2020.</p><p><blockquote>鲍威尔说，他的个人财务利益包括他在 2019 年 “冻结 ”的市政证券所有权，他说这些证券在 2020 年美联储采取紧急措施期间没有进行交易。</blockquote></p><p></p><p> <b>September 27, 2021:</b>Before the market open, Boston Fed President Eric Rosengren announces he will pull forward his retirement by nine months, citing the “worsening of a kidney condition.” Rosengren, who was originally scheduled to retire in June 2022, makes no mention of his REIT trades and says his last day will be September 30, 2021.</p><p><blockquote><b>2021年9月27日：</b>开盘前，波士顿联储主席埃里克-罗森格伦（Eric Rosengren）以 “肾脏病情恶化 ”为由宣布将退休时间提前九个月。原定于 2022 年 6 月退休的罗森格伦没有提及他的房地产投资信托基金交易，并表示他的最后一天将是 2021 年 9 月 30 日。</blockquote></p><p> After the market close, Dallas Fed President Robert Kaplan says he will step down October 8, 2021, noting that his financial dealings risk \"becoming a distraction to the Federal Reserve’s execution” of its monetary policy.</p><p><blockquote>收盘后，达拉斯联储主席罗伯特-卡普兰（Robert Kaplan）表示，他将于 2021 年 10 月 8 日卸任，并指出他的金融交易有可能 “分散美联储执行 ”其货币政策的注意力。</blockquote></p><p> <b>September 28, 2021:</b>Powell answers questions from Congress, telling the Senate Banking Committee that the Fed is “also looking carefully at the trading that was done to make sure that it’s in compliance with our rules and the law.\"</p><p><blockquote><b>2021年9月28日：</b>鲍威尔在回答国会提问时告诉参议院银行委员会，美联储 “也在仔细审查交易，以确保其符合我们的规则和法律”。</blockquote></p><p> A Securities and Exchange Commission spokesperson tells Yahoo Finance it \"does not comment on the existence or nonexistence of a possible investigation.\"</p><p><blockquote>美国证券交易委员会发言人告诉雅虎财经，它“不对是否存在可能的调查发表评论”。</blockquote></p><p> <b>September 30, 2021:</b>Rosengren retires as Boston Fed President, with First Vice President Kenneth Montgomery stepping up to serve as interim president. A committee of Boston Fed board directors (not affiliated with regulated banks or financial institutions) will select a permanent replacement, who would need to be approved by the Fed Board.</p><p><blockquote><b>2021年9月30日：</b>罗森格伦从波士顿联储主席职位上退休，第一副主席肯尼斯·蒙哥马利接任临时主席。波士顿联储董事会董事委员会（不隶属于受监管银行或金融机构）将选出一名永久替代者，该替代者需要得到联储董事会的批准。</blockquote></p><p> <b>October 1, 2021:</b>Bloombergreportsthat Fed Vice Chairman Richard Clarida traded between $1 million and $5 million out of a Pimco bond fund and into two stock funds. The shift happened on February 27, 2020, a day before Powell issued arare, impromptu statementreiterating the Fed's support of the economy. The transactions were disclosed via agovernment ethics filing. A Fed spokesman told Bloomberg the transactions \"represent a pre-planned rebalancing to his accounts.\"</p><p><blockquote><b>2021年10月1日：</b>彭博社报道称，美联储副主席理查德·克拉里达 (Richard Clarida) 将 100 万至 500 万美元从太平洋投资管理公司 (Pimco) 债券基金和两只股票基金中交易。这一转变发生在 2020 年 2 月 27 日，也就是鲍威尔发表 arare 即兴声明的前一天，重申美联储对经济的支持。这些交易是通过政府道德文件披露的。美联储发言人告诉彭博社，这些交易“代表了对他账户的预先计划的再平衡”。</blockquote></p><p> <b>October 8, 2021:</b>Kaplan retires as Dallas Fed President, with First Vice President Meredith Black delaying her impending retirement to serve as interim president. A committee of Dallas Fed board directors (not affiliated with regulated banks or financial institutions) will select a permanent replacement, who would need to be approved by the Fed Board.</p><p><blockquote><b>2021年10月8日：</b>卡普兰从达拉斯联储主席职位上退休，第一副主席梅雷迪思·布莱克推迟了她即将退休的时间，以担任临时主席。达拉斯联储董事会董事委员会（不隶属于受监管银行或金融机构）将选出一名永久替代者，该替代者需要得到联储董事会的批准。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/a-timeline-of-the-federal-reserves-trading-scandal-104415556.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"},"source_url":"https://finance.yahoo.com/news/a-timeline-of-the-federal-reserves-trading-scandal-104415556.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136399695","content_text":"A reputational crisis at the Federal Reserve has led to the resignation of two senior officials within the central bank, raising questions about the strength of the Fed’s guardrails around personal financial interests.\nIn September 2021, media reports highlighted several large financial transactions carried out by Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren during 2020. As two heads of the 12 reserve banks, both were instrumental in engineering the Fed’s response to the financial fallout from the COVID-19 pandemic.\nRosengren and Kaplan would promise not to do any more trading during their tenure as senior Fed officials, but would later announce early retirements as the public fallout expanded.\nFed Vice Chairman Richard Clarida would also likely catch scrutiny forrotating millions of dollars out of bond fund and into stock funds in February 2020— right before the Fed started slashing interest rates.\nAt the direction of Fed Chairman Jerome Powell, the Federal Reserve Board is now in the process of a system-wide review regarding its ethics practices. Questions have been raised as to why members of the policy-setting Federal Open Market Committee (FOMC), with immense power to move markets, would ever be allowed to personally profit on trades.\n“No one is happy,” Powell told the press on Sept. 22. “No one on the FOMC is happy to be in this situation, to be having these questions raised. It's something we take very, very seriously.”\nPeter Conti-Brown, a professor at the University of Pennsylvania who has written about Fed independence, told Yahoo Finance that the entire situation is a “calamity and a scandal” for the Fed.\n“I think central bankers should never be under a cloud of suspicion that they’re advocating for policies that will enrich them,” Conti-Brown said, adding that he would support a wholesale ban on any senior Fed official holding any individual stocks.\nSan Francisco President Mary Daly, whose financial disclosures showed no individual stock holdings, told reporters Sept. 29 that she acknowledges the American public’s concern that the Fed’s existing ethics rules are “not sufficient.”\nBoston Fed President Eric Rosengren (left) and Dallas Fed President Robert Kaplan (right) announced early retirements. Credit: Getty and Reuters\nHere’s a timeline of all the events related to the central bank’s ethics debacle (as of Wednesday, September 29, 2021):\nSeptember 7, 2021:The Wall Street Journalreportsthat Kaplan made multiple stock trades in 2020, with several $1 million dollar-plus stakes taken in Apple, Delta Air Lines, Occidental Petroleum, and iShares Floating Rate Bond ETFs, among others.\nSeptember 8, 2021:Bloombergreportsthat Rosengren made multiple purchases and sales in REITs and other securities in 2020, during which he was publicly warning of contagion in real estate markets. The Boston Fed said the trades were not done via a blind trust and were “consistent” with ethics rules.\nSeptember 9, 2021:Federal Reserve Banks of Boston and Dallas simultaneously issue statements with nearly identical language, both noting that their financial transactions complied with the Fed’s ethics rules. The statements said both presidents would dump their holdings by Sept. 30 (with reinvestment into diversified index funds or cash savings), alongside a promise that they would not be active in those accounts as long as they remained presidents.\nSeptember 15, 2021:Sen. Elizabeth Warren (D-Mass.)writes to all 12 Federal Reserve banksasking them to, within 60 days, impose a ban on the ownership and trading of individual stocks by senior officials.\nSeptember 16, 2021:Federal Reserve Board issues a statement via a spokesperson noting that Powell directed Board staff the week prior to “take a fresh and comprehensive look at the ethics rules around financial holdings and activities by senior Fed officials.” Fed notes that its rules on personal financial practices are “stricter than those that apply to Congress.”\nSeptember 22, 2021:Powellfields questions from the press, insisting he was not aware of the trading until after both presidents had filed disclosures (which are filed on an annual basis). Powell reiterates the Fed's existing restrictions, such as not being able to trade immediately before and during a policy-setting meeting. But the Fed chief admits “no one is happy” about the situation.\nPowell said his personal financial interests includes ownership of municipal securities that he \"froze\" in 2019, holdings that he says were not tradedduring the Fed’s emergency measures in 2020.\nSeptember 27, 2021:Before the market open, Boston Fed President Eric Rosengren announces he will pull forward his retirement by nine months, citing the “worsening of a kidney condition.” Rosengren, who was originally scheduled to retire in June 2022, makes no mention of his REIT trades and says his last day will be September 30, 2021.\nAfter the market close, Dallas Fed President Robert Kaplan says he will step down October 8, 2021, noting that his financial dealings risk \"becoming a distraction to the Federal Reserve’s execution” of its monetary policy.\nSeptember 28, 2021:Powell answers questions from Congress, telling the Senate Banking Committee that the Fed is “also looking carefully at the trading that was done to make sure that it’s in compliance with our rules and the law.\"\nA Securities and Exchange Commission spokesperson tells Yahoo Finance it \"does not comment on the existence or nonexistence of a possible investigation.\"\nSeptember 30, 2021:Rosengren retires as Boston Fed President, with First Vice President Kenneth Montgomery stepping up to serve as interim president. A committee of Boston Fed board directors (not affiliated with regulated banks or financial institutions) will select a permanent replacement, who would need to be approved by the Fed Board.\nOctober 1, 2021:Bloombergreportsthat Fed Vice Chairman Richard Clarida traded between $1 million and $5 million out of a Pimco bond fund and into two stock funds. The shift happened on February 27, 2020, a day before Powell issued arare, impromptu statementreiterating the Fed's support of the economy. The transactions were disclosed via agovernment ethics filing. A Fed spokesman told Bloomberg the transactions \"represent a pre-planned rebalancing to his accounts.\"\nOctober 8, 2021:Kaplan retires as Dallas Fed President, with First Vice President Meredith Black delaying her impending retirement to serve as interim president. A committee of Dallas Fed board directors (not affiliated with regulated banks or financial institutions) will select a permanent replacement, who would need to be approved by the Fed 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[疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/865401257","repostId":"2171937006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865009369,"gmtCreate":1632921129795,"gmtModify":1632921130747,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"So many to buy, so little money[流泪]&nbsp;","listText":"So many to buy, so little money[流泪]&nbsp;","text":"So many to buy, so little 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pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866182150","repostId":"1125374890","repostType":4,"repost":{"id":"1125374890","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":1632744172,"share":"https://www.laohunote.com/m/news/1125374890?lang=zh_CN&edition=full","pubTime":"2021-09-27 20:02","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=1125374890","media":"Tiger Newspress","summary":"Futures tracking the Dow and the S&P 500 index edged lower on Monday, as investors pivoted towards e","content":"<p>Futures tracking the Dow and the S&amp;P 500 index edged lower on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending.</p><p><blockquote>追踪道琼斯指数和标普500指数的期货周一小幅走低，投资者转向经济敏感行业，焦点转向即将公布的经济数据以及正在进行的增加政府支出的谈判。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 80 points, or 0.23%, S&amp;P 500 e-minis were down 3 points, or 0.07%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 80 点，即 0.23%，标普500电子迷你指数下跌 3 点，即 0.07%，纳斯达克 100 电子迷你指数下跌 82 点，即 0.54%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e4dd720e715d3a3b5dbc5f98f96311fd\" tg-width=\"1080\" tg-height=\"390\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Oil majors Exxon Mobil and Chevron Corp rose 1.8% and 1.7% in premarket trade, respectively, tracking crude prices, while big lenders including JPMorgan, Citigroup, Morgan Stanley and Bank of America Corp gained about 0.8%.</p><p><blockquote>石油巨头埃克森美孚和雪佛龙公司在跟踪原油价格的盘前交易中分别上涨1.8%和1.7%，而摩根大通、花旗集团、摩根士丹利和美国银行等大型贷款机构则上涨约0.8%。</blockquote></p><p> Investors will now watch for a raft of economic indicators, including durable goods orders and the ISM manufacturing index this week to gauge the pace of the recovery, as well as bipartisan talks over raising the $28.4 trillion debt ceiling.</p><p><blockquote>投资者现在将关注一系列经济指标，包括耐用品订单和本周的ISM制造业指数，以衡量复苏的步伐，以及两党关于提高28.4万亿美元债务上限的谈判。</blockquote></p><p> The U.S. Congress faces a Sept. 30 deadline to prevent the second partial government shutdown in three years, while a vote on the $1 trillion bipartisan infrastructure bill is scheduled for Thursday.</p><p><blockquote>美国国会面临9月30日的最后期限，以防止三年内第二次政府部分关门，而对1万亿美元的两党基础设施法案的投票定于周四进行。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>Alphabet</b><b>(GOOGL) </b>– Alphabet’s Google unit&nbsp;will cut the commissions&nbsp;it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales compared to the prior 20%.</p><p><blockquote><b>Alphabet</b><b>（GOOGL）</b>- Alphabet的谷歌部门将削减其云市场销售第三方软件的佣金。一位熟悉内情的人士在接受 CNBC 采访时表示，谷歌现在只需收取 3% 的销售额，而之前为 20%。</blockquote></p><p> <b>Tesla</b><b>(TSLA) </b>– Tesla&nbsp;rolled out a software update&nbsp;that allows customers to request access to its Full Self-Driving beta software. Access will be granted to Tesla drivers who get a sufficiently high safety score.</p><p><blockquote><b>特斯拉</b><b>（特斯拉）</b>– 特斯拉推出了软件更新，允许客户请求访问其完整的自动驾驶测试版软件。获得足够高安全分数的特斯拉司机将被允许进入。</blockquote></p><p> <b>Gores Guggenheim</b><b>(GGPI)</b> – The special purpose acquisition company&nbsp;will take electric car maker Polestar public&nbsp;through a merger, at a valuation of $20 billion including debt. Polestar is controlled by car maker Volvo and its parent Zhejiang Geely Holding Group. Gores rose 3.5% in premarket trading.</p><p><blockquote><b>戈雷斯·古根海姆</b><b>（GGPI）</b>– 这家特殊目的收购公司将通过合并将电动汽车制造商 Polestar 上市，包括债务在内的估值为 200 亿美元。Polestar 由汽车制造商沃尔沃及其母公司浙江吉利控股集团控制。戈尔斯在盘前交易中上涨 3.5%。</blockquote></p><p> <b>Acceleron Pharma</b><b>(XLRN) </b>– Acceleron is in talks to be acquired by an unidentified large pharmaceutical company for about $180 per share, according to people familiar with the matter who spoke to Bloomberg.Bristol-Myers Squibb(BMY) is considered one potential candidate, as it already owns an 11.5% stake in Acceleron.</p><p><blockquote><b>加速制药</b><b>(XLRN)</b>– 据接受彭博社采访的知情人士透露，Acceleron 正在洽谈被一家身份不明的大型制药公司以每股约 180 美元的价格收购。百时美施贵宝 (BMY) 被认为是潜在候选者之一，因为它已经拥有 11.5% 的股份在 Acceleron。</blockquote></p><p> <b>Box(BOX) </b>– Box was upgraded to “market outperform” from “market perform” at JMP Securities, which cited the cloud computing company’s execution among other factors. Box added 2% in the premarket.</p><p><blockquote><b>盒子</b>- JMP Securities 将 Box 的评级从 “市场表现 ”上调至 “跑赢大盘”，该公司列举了云计算公司的执行情况等因素。Box 盘前上涨 2%。</blockquote></p><p> <b>Altice USA(ATUS)</b> – The broadband and video company was downgraded to “neutral” from “outperform” at Credit Suisse, which notes the likely short-term negative impact from an aggressive fiber buildout strategy. Altice USA slid 1.6% in premarket action.</p><p><blockquote><b>Altice USA(ATUS)</b>- 瑞士信贷将这家宽带和视频公司的评级从 “跑赢大盘 ”下调至 “中性”，瑞士信贷指出，激进的光纤扩建战略可能会产生短期负面影响。Altice USA 在盘前交易中下跌 1.6%。</blockquote></p><p> <b>Toyota Motor(TM)</b> – The automaker’s shares rose 1.3% in the premarket after the company said it had completed a 25.8 million share buyback.</p><p><blockquote><b>丰田汽车(TM)</b>- 该汽车制造商表示已完成 2580 万股股票回购后，其股价在盘前上涨了 1.3%。</blockquote></p><p> <b>Best Buy(BBY)</b> – The electronics retailer was named a “top idea” at Piper Sandler, which is enthusiastic about the upcoming rollout of Best Buy’s new “Best Buy Total Tech” membership program.</p><p><blockquote><b>百思买(BBY)</b>- 这家电子产品零售商被 Piper Sandler 评为 “最佳创意”，Piper Sandler 对百思买即将推出的新 “Best Buy Total Tech ”会员计划充满热情。</blockquote></p><p> <b>Gannett(GCI) </b>– The USA Today publisher said it was seeking to refinance up to $550 million in senior secured debt. Gannett said its plan was subject to market conditions and that there is no assurance it will be able to execute the refinancing.</p><p><blockquote><b>甘尼特(GCI)</b>– 《今日美国》出版商表示，正在寻求对高达 5.5 亿美元的高级担保债务进行再融资。甘尼特表示，其计划取决于市场条件，无法保证能够执行再融资。</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on 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\">2021-09-27 20:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Futures tracking the Dow and the S&amp;P 500 index edged lower on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending.</p><p><blockquote>追踪道琼斯指数和标普500指数的期货周一小幅走低，投资者转向经济敏感行业，焦点转向即将公布的经济数据以及正在进行的增加政府支出的谈判。</blockquote></p><p> At 8:00 a.m. ET, Dow e-minis were up 80 points, or 0.23%, S&amp;P 500 e-minis were down 3 points, or 0.07%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.</p><p><blockquote>美国东部时间上午 8:00，道琼斯电子迷你指数上涨 80 点，即 0.23%，标普500电子迷你指数下跌 3 点，即 0.07%，纳斯达克 100 电子迷你指数下跌 82 点，即 0.54%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e4dd720e715d3a3b5dbc5f98f96311fd\" tg-width=\"1080\" tg-height=\"390\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Oil majors Exxon Mobil and Chevron Corp rose 1.8% and 1.7% in premarket trade, respectively, tracking crude prices, while big lenders including JPMorgan, Citigroup, Morgan Stanley and Bank of America Corp gained about 0.8%.</p><p><blockquote>石油巨头埃克森美孚和雪佛龙公司在跟踪原油价格的盘前交易中分别上涨1.8%和1.7%，而摩根大通、花旗集团、摩根士丹利和美国银行等大型贷款机构则上涨约0.8%。</blockquote></p><p> Investors will now watch for a raft of economic indicators, including durable goods orders and the ISM manufacturing index this week to gauge the pace of the recovery, as well as bipartisan talks over raising the $28.4 trillion debt ceiling.</p><p><blockquote>投资者现在将关注一系列经济指标，包括耐用品订单和本周的ISM制造业指数，以衡量复苏的步伐，以及两党关于提高28.4万亿美元债务上限的谈判。</blockquote></p><p> The U.S. Congress faces a Sept. 30 deadline to prevent the second partial government shutdown in three years, while a vote on the $1 trillion bipartisan infrastructure bill is scheduled for Thursday.</p><p><blockquote>美国国会面临9月30日的最后期限，以防止三年内第二次政府部分关门，而对1万亿美元的两党基础设施法案的投票定于周四进行。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>Alphabet</b><b>(GOOGL) </b>– Alphabet’s Google unit&nbsp;will cut the commissions&nbsp;it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales compared to the prior 20%.</p><p><blockquote><b>Alphabet</b><b>（GOOGL）</b>- Alphabet的谷歌部门将削减其云市场销售第三方软件的佣金。一位熟悉内情的人士在接受 CNBC 采访时表示，谷歌现在只需收取 3% 的销售额，而之前为 20%。</blockquote></p><p> <b>Tesla</b><b>(TSLA) </b>– Tesla&nbsp;rolled out a software update&nbsp;that allows customers to request access to its Full Self-Driving beta software. Access will be granted to Tesla drivers who get a sufficiently high safety score.</p><p><blockquote><b>特斯拉</b><b>（特斯拉）</b>– 特斯拉推出了软件更新，允许客户请求访问其完整的自动驾驶测试版软件。获得足够高安全分数的特斯拉司机将被允许进入。</blockquote></p><p> <b>Gores Guggenheim</b><b>(GGPI)</b> – The special purpose acquisition company&nbsp;will take electric car maker Polestar public&nbsp;through a merger, at a valuation of $20 billion including debt. Polestar is controlled by car maker Volvo and its parent Zhejiang Geely Holding Group. Gores rose 3.5% in premarket trading.</p><p><blockquote><b>戈雷斯·古根海姆</b><b>（GGPI）</b>– 这家特殊目的收购公司将通过合并将电动汽车制造商 Polestar 上市，包括债务在内的估值为 200 亿美元。Polestar 由汽车制造商沃尔沃及其母公司浙江吉利控股集团控制。戈尔斯在盘前交易中上涨 3.5%。</blockquote></p><p> <b>Acceleron Pharma</b><b>(XLRN) </b>– Acceleron is in talks to be acquired by an unidentified large pharmaceutical company for about $180 per share, according to people familiar with the matter who spoke to Bloomberg.Bristol-Myers Squibb(BMY) is considered one potential candidate, as it already owns an 11.5% stake in Acceleron.</p><p><blockquote><b>加速制药</b><b>(XLRN)</b>– 据接受彭博社采访的知情人士透露，Acceleron 正在洽谈被一家身份不明的大型制药公司以每股约 180 美元的价格收购。百时美施贵宝 (BMY) 被认为是潜在候选者之一，因为它已经拥有 11.5% 的股份在 Acceleron。</blockquote></p><p> <b>Box(BOX) </b>– Box was upgraded to “market outperform” from “market perform” at JMP Securities, which cited the cloud computing company’s execution among other factors. Box added 2% in the premarket.</p><p><blockquote><b>盒子</b>- JMP Securities 将 Box 的评级从 “市场表现 ”上调至 “跑赢大盘”，该公司列举了云计算公司的执行情况等因素。Box 盘前上涨 2%。</blockquote></p><p> <b>Altice USA(ATUS)</b> – The broadband and video company was downgraded to “neutral” from “outperform” at Credit Suisse, which notes the likely short-term negative impact from an aggressive fiber buildout strategy. Altice USA slid 1.6% in premarket action.</p><p><blockquote><b>Altice USA(ATUS)</b>- 瑞士信贷将这家宽带和视频公司的评级从 “跑赢大盘 ”下调至 “中性”，瑞士信贷指出，激进的光纤扩建战略可能会产生短期负面影响。Altice USA 在盘前交易中下跌 1.6%。</blockquote></p><p> <b>Toyota Motor(TM)</b> – The automaker’s shares rose 1.3% in the premarket after the company said it had completed a 25.8 million share buyback.</p><p><blockquote><b>丰田汽车(TM)</b>- 该汽车制造商表示已完成 2580 万股股票回购后，其股价在盘前上涨了 1.3%。</blockquote></p><p> <b>Best Buy(BBY)</b> – The electronics retailer was named a “top idea” at Piper Sandler, which is enthusiastic about the upcoming rollout of Best Buy’s new “Best Buy Total Tech” membership program.</p><p><blockquote><b>百思买(BBY)</b>- 这家电子产品零售商被 Piper Sandler 评为 “最佳创意”，Piper Sandler 对百思买即将推出的新 “Best Buy Total Tech ”会员计划充满热情。</blockquote></p><p> <b>Gannett(GCI) </b>– The USA Today publisher said it was seeking to refinance up to $550 million in senior secured debt. Gannett said its plan was subject to market conditions and that there is no assurance it will be able to execute the refinancing.</p><p><blockquote><b>甘尼特(GCI)</b>– 《今日美国》出版商表示，正在寻求对高达 5.5 亿美元的高级担保债务进行再融资。甘尼特表示，其计划取决于市场条件，无法保证能够执行再融资。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","TSLA":"特斯拉","TM":"丰田汽车","GOOG":"谷歌","BBY":"百思买",".SPX":"S&P 500 Index",".DJI":"道琼斯","GOOGL":"谷歌A","BOX":"Box Inc","CVX":"雪佛龙","XOM":"埃克森美孚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125374890","content_text":"Futures tracking the Dow and the S&P 500 index edged lower on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending.\nAt 8:00 a.m. ET, Dow e-minis were up 80 points, or 0.23%, S&P 500 e-minis were down 3 points, or 0.07%, and Nasdaq 100 e-minis were down 82 points, or 0.54%.\n\nOil majors Exxon Mobil and Chevron Corp rose 1.8% and 1.7% in premarket trade, respectively, tracking crude prices, while big lenders including JPMorgan, Citigroup, Morgan Stanley and Bank of America Corp gained about 0.8%.\nInvestors will now watch for a raft of economic indicators, including durable goods orders and the ISM manufacturing index this week to gauge the pace of the recovery, as well as bipartisan talks over raising the $28.4 trillion debt ceiling.\nThe U.S. Congress faces a Sept. 30 deadline to prevent the second partial government shutdown in three years, while a vote on the $1 trillion bipartisan infrastructure bill is scheduled for Thursday.\nStocks making the biggest moves in the premarket:\nAlphabet(GOOGL) – Alphabet’s Google unit will cut the commissions it collects on third-party software sales in its Cloud Marketplace. That’s according to a person familiar with the matter who spoke to CNBC, who said Google will now collect just 3% of sales compared to the prior 20%.\nTesla(TSLA) – Tesla rolled out a software update that allows customers to request access to its Full Self-Driving beta software. Access will be granted to Tesla drivers who get a sufficiently high safety score.\nGores Guggenheim(GGPI) – The special purpose acquisition company will take electric car maker Polestar public through a merger, at a valuation of $20 billion including debt. Polestar is controlled by car maker Volvo and its parent Zhejiang Geely Holding Group. Gores rose 3.5% in premarket trading.\nAcceleron Pharma(XLRN) – Acceleron is in talks to be acquired by an unidentified large pharmaceutical company for about $180 per share, according to people familiar with the matter who spoke to Bloomberg.Bristol-Myers Squibb(BMY) is considered one potential candidate, as it already owns an 11.5% stake in Acceleron.\nBox(BOX) – Box was upgraded to “market outperform” from “market perform” at JMP Securities, which cited the cloud computing company’s execution among other factors. Box added 2% in the premarket.\nAltice USA(ATUS) – The broadband and video company was downgraded to “neutral” from “outperform” at Credit Suisse, which notes the likely short-term negative impact from an aggressive fiber buildout strategy. Altice USA slid 1.6% in premarket action.\nToyota Motor(TM) – The automaker’s shares rose 1.3% in the premarket after the company said it had completed a 25.8 million share buyback.\nBest Buy(BBY) – The electronics retailer was named a “top idea” at Piper Sandler, which is enthusiastic about the upcoming rollout of Best Buy’s new “Best Buy Total Tech” membership program.\nGannett(GCI) – The USA Today publisher said it was seeking to refinance up to $550 million in senior secured debt. Gannett said its plan was subject to market conditions and that there is no assurance it will be able to execute the refinancing.","news_type":1,"symbols_score_info":{"ESmain":0.9,"TM":0.9,"GOOG":0.9,"ATUS":0.9,"XLRN":0.9,"YMmain":0.9,".DJI":0.9,"GCI":0.9,".IXIC":0.9,"BBY":0.9,"GOOGL":0.9,".SPX":0.9,"NQmain":0.9,"GGPI":0.9,"XOM":0.9,"CVX":0.9,"TSLA":0.9,"BOX":0.9}},"isVote":1,"tweetType":1,"viewCount":1420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863265617,"gmtCreate":1632399816839,"gmtModify":1632800686460,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"I feel there is still room for a 10-15% growth[看涨]&nbsp;","listText":"I feel there is still room for a 10-15% growth[看涨]&nbsp;","text":"I feel there is still room for a 10-15% growth[看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863265617","repostId":"1133566174","repostType":4,"repost":{"id":"1133566174","kind":"news","pubTimestamp":1632397453,"share":"https://www.laohunote.com/m/news/1133566174?lang=zh_CN&edition=full","pubTime":"2021-09-23 19:44","market":"us","language":"en","title":"Despite Vaccine Uncertainty, Pfizer Is a Buy<blockquote>尽管疫苗存在不确定性，但辉瑞值得买入</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133566174","media":"InvestorPlace","summary":"Forget the booster shot controversy, PFE stock has better days ahead.\n\nWhat would happen if a compan","content":"<p><div> Forget the booster shot controversy, PFE stock has better days ahead.  What would happen if a company developed a massive new product and no one cared? For Pfizer’s investors, that has been the ...</p><p><blockquote><div>忘记加强注射争议吧，PFE 股票还有更好的未来。如果一家公司开发了一个巨大的新产品，却没有人关心，会发生什么？对于辉瑞的投资者来说，这一直是...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/09/despite-vaccine-uncertainty-pfizer-is-a-buy/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/09/despite-vaccine-uncertainty-pfizer-is-a-buy/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","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>Despite Vaccine Uncertainty, Pfizer Is a Buy<blockquote>尽管疫苗存在不确定性，但辉瑞值得买入</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\">\nDespite Vaccine Uncertainty, Pfizer Is a Buy<blockquote>尽管疫苗存在不确定性，但辉瑞值得买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-09-23 19:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Forget the booster shot controversy, PFE stock has better days ahead.  What would happen if a company developed a massive new product and no one cared? For Pfizer’s investors, that has been the ...</p><p><blockquote><div>忘记加强注射争议吧，PFE 股票还有更好的未来。如果一家公司开发了一个巨大的新产品，却没有人关心，会发生什么？对于辉瑞的投资者来说，这一直是...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/09/despite-vaccine-uncertainty-pfizer-is-a-buy/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/09/despite-vaccine-uncertainty-pfizer-is-a-buy/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/09/despite-vaccine-uncertainty-pfizer-is-a-buy/\">InvestorPlace</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":{"PFE":"辉瑞"},"source_url":"https://investorplace.com/2021/09/despite-vaccine-uncertainty-pfizer-is-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133566174","content_text":"Forget the booster shot controversy, PFE stock has better days ahead.\n\nWhat would happen if a company developed a massive new product and no one cared? For Pfizer’s investors, that has been the question for the past year. Despite coming up with a blockbuster vaccine for the novel coronavirus, PFE stock did basically nothing for an extended period.\nThat finally changed this summer, when Pfizer belatedly rallied to new all-time highs. Now though, the gains are fading almost as quickly as they happened. In its Q2 earnings release, Pfizer reported 93% year-over-year revenue growth. Yet shares are up less than 20% over the past 12 months. Why have investors not given Pfizer credit for its performance, and will that change in the future?\nVaccine Hits A Setback\nPfizer has enjoyed incredible revenue growth over the past year due to its Covid-19 vaccine. The majority of vaccinated American adults have taken the Pfizer vaccine, and it’s had strong sales overseas as well.\nDespite that, however, PFE stock didn’t move too much. At least, not until July of this year. At that time, PFE stock finally took off. The reason why is that investors started to price in the expectation that people would need to take vaccine booster shots to maintain efficacy.\nThe idea of a third, and potentially even fourth or more dose of vaccines would have created a far more enduring revenue boost for Pfizer. Up until recently, investors had shied away from Pfizer despite its massive top-line growth because they anticipated that the Covid business would quickly recede. With booster shots, however, the vaccine would have taken on another level of importance to the company.\nThis scenario is now under increasing doubt, however. A Food and Drug Administration (FDA) advisory panel recentlyrecommended againstadvising booster shots of the Pfizer vaccine. A large majority of the panelists voted that the data on hand was insufficient to warrant booster shots. That comes amid reports that Moderna’s(NASDAQ:MRNA) vaccine remains effective in a higher percentage of people than Pfizer’s after 120 days.\nThis is hardly the final word on booster shots or the efficacy of Moderna versus Pfizer. Pfizer’s investors shouldn’t discount the possibility that the FDA later comes around on additional rounds of the vaccine. For now, however, the prospects are looking more uncertain.\nBaseline Valuation Is Not That Demanding\nLet’s go back in time to 2019 and pretend that we’ve never heard of the pandemic. What does an investment in Pfizer look like in this hypothetical scenario? For full-year 2018, Pfizer generated $1.87 of EPS. In 2019, this leapt to $2.87.\nBased on today’s stock price just below $44, PFE stock is selling at 23x 2018 earnings or 15x 2019 earnings. With no benefit from the current Covid-19 vaccine whatsoever, Pfizer stock would still be going for a reasonable multiple.\nYes, you can argue that pharmaceutical companies should trade for lower P/E multiples than many other industries given the high cost of drug development and quick patent expiries. Still, with earnings as strong as they were in 2018-19, it’s not hard to get behind the stock at $44 even if you give the company zero credit for the Covid-19 vaccine. Forget about booster shots for a minute, traders are pricing Pfizer like there will be little more revenue from the vaccine whatsoever.\nPFE Stock Verdict\nRight now, Pfizer stock is inextricably linked to its vaccine’s outlook. When there is positive news on that front, PFE stock surges. When there is a setback, PFE stock sells off hard. That’s a totally understandable market reaction. Many traders are trained to react quickly to the latest headline.\nFor longer-term investors, however, Pfizer is an opportunity regardless of the trajectory of the vaccine. Even if boosters ultimately aren’t a big thing, Pfizer can still make investors money from this entry point.\nThe company is a tremendous diversified pharmaceutical giant. It was in good shape long before the pandemic, and it has dozens of promising drugs in its pipeline to power it for the next decade and beyond. The company is reaping a windfall right now, but it’s not like that’s its only iron in the fire.\nIf the Covid-19 business continues longer than forecast, that’s all upside to the stock price. However, from this starting point, there’s sufficient margin of safety to support a purchase in most possible outcomes.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":1738,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":12,"crmLevelSwitch":0,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"content":"Yes I agree👍😊","text":"Yes I agree👍😊","html":"Yes I agree👍😊"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860387857,"gmtCreate":1632136820879,"gmtModify":1632802619191,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860387857","repostId":"2168028185","repostType":4,"repost":{"id":"2168028185","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1632127063,"share":"https://www.laohunote.com/m/news/2168028185?lang=zh_CN&edition=full","pubTime":"2021-09-20 16:37","market":"hk","language":"en","title":"5 Stocks To Watch For September 20, 2021<blockquote>2021 年 9 月 20 日值得关注的 5 只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2168028185","media":"Benzinga Earnings","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects  Lennar Corporation (NYSE: LEN) to report quarterly earnings at $3.28 per share on revenue of $6.86 billion before the opening bell. Lennar shares fell 0.4% to $100.90 in after-hours trading.\n","content":"<p>Some of the stocks that may grab investor focus today are:</p><p><blockquote>今天可能吸引投资者关注的一些股票是：</blockquote></p><p> <ul>  <li>Wall Street expects <b> Lennar Corporation</b> (NYSE:LEN) to report quarterly earnings at $3.28 per share on revenue of $6.86 billion before the opening bell. Lennar shares fell 0.4% to $100.90 in after-hours trading.</li>  <li>The FDA's Vaccines and Related Biological Products Advisory Committee voted against recommending a third dose of COVID-19 vaccine developed by <b>Pfizer, Inc. </b> (NYSE:PFE) and <b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> – ADR</b> (NASDAQ:BNTX) to the general population. Pfizer shares fell 0.3% to $43.78 in after-hours trading, while BioNTech shares dropped 2.8% to $349.00 in the after-hours trading session.</li> </ul> <ul>  <li>Analysts are expecting <b> <a href=\"https://laohu8.com/S/CGNTV\">Cognyte Software Ltd</a></b> (NASDAQ:CGNT) to have earned $0.15 per share on revenue of $115.57 million for the latest quarter. The company will release earnings before the markets open. Cognyte Software shares gained 1.4% to $28.55 in after-hours trading.</li>  <li><b><a href=\"https://laohu8.com/S/ZEUS\">Olympic Steel</a>, Inc.</b> (NASDAQ:ZEUS) reported the sale of Detroit assets and operations to Venture Steel Inc. for $58.4 million in cash. Olympic Steel shares climbed 3.8% to $25.40 in the after-hours trading session.</li> </ul></p><p><blockquote><ul><li>华尔街预期<b>伦纳公司</b>（纽约证券交易所股票代码：LEN）将公布季度收益，每股 3.28 美元，开盘前营收为 68.6 亿美元。Lennar 股价在盘后交易中下跌 0.4%，至 100.90 美元。</li><li>FDA 疫苗及相关生物制品咨询委员会投票反对推荐第三剂新冠肺炎疫苗<b>辉瑞公司。</b>（纽约证券交易所代码：PFE）和<b><a href=\"https://laohu8.com/S/BNTX\">生物科技公司</a>– ADR</b>（纳斯达克股票代码：BNTX）面向普通人群。辉瑞股价在盘后交易中下跌0.3%，至43.78美元，而BioNTech股价在盘后交易时段下跌2.8%，至349.00美元。</li></ul><ul><li>分析师预计<b><a href=\"https://laohu8.com/S/CGNTV\">认知软件有限公司</a></b>（纳斯达克股票代码：CGNT）最新季度每股收益 0.15 美元，营收为 1.1557 亿美元。该公司将在开盘前发布财报。Cognyte Software 股价在盘后交易中上涨 1.4%，至 28.55 美元。</li><li><b><a href=\"https://laohu8.com/S/ZEUS\">奥运钢铁</a>，公司。</b>（纳斯达克股票代码：ZEUS）报告以 5840 万美元现金将底特律资产和业务出售给 Venture Steel Inc.。奥林匹克钢铁公司股价在盘后交易时段上涨 3.8%，至 25.40 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>5 Stocks To Watch For September 20, 2021<blockquote>2021 年 9 月 20 日值得关注的 5 只股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For September 20, 2021<blockquote>2021 年 9 月 20 日值得关注的 5 只股票</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 Earnings </p>\n<p class=\"h-time smaller\">2021-09-20 16:37</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p><p><blockquote>今天可能吸引投资者关注的一些股票是：</blockquote></p><p> <ul>  <li>Wall Street expects <b> Lennar Corporation</b> (NYSE:LEN) to report quarterly earnings at $3.28 per share on revenue of $6.86 billion before the opening bell. Lennar shares fell 0.4% to $100.90 in after-hours trading.</li>  <li>The FDA's Vaccines and Related Biological Products Advisory Committee voted against recommending a third dose of COVID-19 vaccine developed by <b>Pfizer, Inc. </b> (NYSE:PFE) and <b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> – ADR</b> (NASDAQ:BNTX) to the general population. Pfizer shares fell 0.3% to $43.78 in after-hours trading, while BioNTech shares dropped 2.8% to $349.00 in the after-hours trading session.</li> </ul> <ul>  <li>Analysts are expecting <b> <a href=\"https://laohu8.com/S/CGNTV\">Cognyte Software Ltd</a></b> (NASDAQ:CGNT) to have earned $0.15 per share on revenue of $115.57 million for the latest quarter. The company will release earnings before the markets open. Cognyte Software shares gained 1.4% to $28.55 in after-hours trading.</li>  <li><b><a href=\"https://laohu8.com/S/ZEUS\">Olympic Steel</a>, Inc.</b> (NASDAQ:ZEUS) reported the sale of Detroit assets and operations to Venture Steel Inc. for $58.4 million in cash. Olympic Steel shares climbed 3.8% to $25.40 in the after-hours trading session.</li> </ul></p><p><blockquote><ul><li>华尔街预期<b>伦纳公司</b>（纽约证券交易所股票代码：LEN）将公布季度收益，每股 3.28 美元，开盘前营收为 68.6 亿美元。Lennar 股价在盘后交易中下跌 0.4%，至 100.90 美元。</li><li>FDA 疫苗及相关生物制品咨询委员会投票反对推荐第三剂新冠肺炎疫苗<b>辉瑞公司。</b>（纽约证券交易所代码：PFE）和<b><a href=\"https://laohu8.com/S/BNTX\">生物科技公司</a>– ADR</b>（纳斯达克股票代码：BNTX）面向普通人群。辉瑞股价在盘后交易中下跌0.3%，至43.78美元，而BioNTech股价在盘后交易时段下跌2.8%，至349.00美元。</li></ul><ul><li>分析师预计<b><a href=\"https://laohu8.com/S/CGNTV\">认知软件有限公司</a></b>（纳斯达克股票代码：CGNT）最新季度每股收益 0.15 美元，营收为 1.1557 亿美元。该公司将在开盘前发布财报。Cognyte Software 股价在盘后交易中上涨 1.4%，至 28.55 美元。</li><li><b><a href=\"https://laohu8.com/S/ZEUS\">奥运钢铁</a>，公司。</b>（纳斯达克股票代码：ZEUS）报告以 5840 万美元现金将底特律资产和业务出售给 Venture Steel Inc.。奥林匹克钢铁公司股价在盘后交易时段上涨 3.8%，至 25.40 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LEN":"莱纳建筑公司","CGNT":"Cognyte Software Ltd.","BNTX":"BioNTech SE","PFE":"辉瑞","ZEUS":"Olympic Steel"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168028185","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Lennar Corporation (NYSE:LEN) to report quarterly earnings at $3.28 per share on revenue of $6.86 billion before the opening bell. Lennar shares fell 0.4% to $100.90 in after-hours trading.\nThe FDA's Vaccines and Related Biological Products Advisory Committee voted against recommending a third dose of COVID-19 vaccine developed by Pfizer, Inc.  (NYSE:PFE) and BioNTech SE – ADR (NASDAQ:BNTX) to the general population. Pfizer shares fell 0.3% to $43.78 in after-hours trading, while BioNTech shares dropped 2.8% to $349.00 in the after-hours trading session.\n\n\nAnalysts are expecting  Cognyte Software Ltd (NASDAQ:CGNT) to have earned $0.15 per share on revenue of $115.57 million for the latest quarter. The company will release earnings before the markets open. Cognyte Software shares gained 1.4% to $28.55 in after-hours trading.\nOlympic Steel, Inc. (NASDAQ:ZEUS) reported the sale of Detroit assets and operations to Venture Steel Inc. for $58.4 million in cash. Olympic Steel shares climbed 3.8% to $25.40 in the after-hours trading session.","news_type":1,"symbols_score_info":{"PFE":0.9,"BNTX":0.9,"ZEUS":0.9,"LEN":0.9,"CGNT":0.9}},"isVote":1,"tweetType":1,"viewCount":1540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887552028,"gmtCreate":1632073541064,"gmtModify":1632803029260,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"[OK]&nbsp;[强]&nbsp;","listText":"[OK]&nbsp;[强]&nbsp;","text":"[OK] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887552028","repostId":"2168089015","repostType":4,"isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":887332486,"gmtCreate":1631973565245,"gmtModify":1632805018440,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887332486","repostId":"2168716185","repostType":4,"isVote":1,"tweetType":1,"viewCount":860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884900545,"gmtCreate":1631843292687,"gmtModify":1631887819388,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Seems like risk mgmt &amp; bad debt may be a big problem in&nbsp;future[吃瓜]&nbsp;","listText":"Seems like risk mgmt &amp; bad debt may be a big problem in&nbsp;future[吃瓜]&nbsp;","text":"Seems like risk mgmt & bad debt may be a big problem in future[吃瓜]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884900545","repostId":"2168547276","repostType":4,"isVote":1,"tweetType":1,"viewCount":1354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":882845134,"gmtCreate":1631678333128,"gmtModify":1631887819407,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581638828642415","authorIdStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Like pls thx","listText":"Like pls thx","text":"Like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/882845134","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://www.laohunote.com/m/news/1148341685?lang=zh_CN&edition=full","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes<blockquote>由于对经济复苏和企业增税的担忧，美国股市收盘走低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p><p><blockquote>纽约（路透社） - 尽管有通胀放缓的迹象，但经济不确定性和企业税率上调的可能性不断增加抑制了投资者情绪，并引发了广泛的抛售，华尔街周二下跌。</blockquote></p><p> Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p><p><blockquote>乐观情绪在整个交易日逐渐消退，扭转了劳工部发布消费者价格指数报告后最初的反弹势头。美国三大股指均以负值收盘，这提醒人们，9 月份是股市历史上最艰难的一个月。</blockquote></p><p> So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p><p><blockquote>本月到目前为止，标普500下跌了近1.8%，尽管基准指数自年初以来已上涨超过18%。</blockquote></p><p> “There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p><p><blockquote>“纽约 CFRA Research 首席投资策略师 Sam Stovall 说：”市场有可能只是准备好经历一场迟来的调整。“从季节性来看，9月份往往是基金经理的窗口期。”</blockquote></p><p> The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p><p><blockquote>高度传染性的Delta COVID变种的出现推动了对全球健康危机复苏的看跌情绪的增加，许多人现在预计股市将在今年年底前大幅调整。</blockquote></p><p> “We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p><p><blockquote>“芝加哥 Kingsview Asset Management 的投资组合经理保罗-诺尔特（Paul Nolte）说：”我们仍处于人们几个月来一直呼吁的纠正模式。“经济数据点一直低于预期，而这恰逢德尔塔变异毒株的上升”。</blockquote></p><p> The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p><p><blockquote>CPI报告公布的8月份数据低于共识，这一放缓支持了美联储主席杰罗姆-鲍威尔（Jerome Powell）的断言，即通胀飙升是暂时的，并平息了市场对央行将比预期更早开始收紧货币政策的担忧。</blockquote></p><p> U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p><p><blockquote>数据显示，美国国债收益率下降，给金融股带来压力，投资者的青睐以牺牲价值为代价重新转向增长。[美国/]</blockquote></p><p> The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p><p><blockquote>随着美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案逐渐接近通过，人们期待已久的企业税上调幅度将从 21% 提高到 26.5%。</blockquote></p><p> The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p><p><blockquote>道琼斯工业平均指数下跌292.06点，跌幅0.84%，报34,577.57点；标普500下跌25.68点，跌幅0.57%，报4,443.05点；纳斯达克综合指数下跌 67.82 点，跌幅 0.45%，至 15,037.76 点。</blockquote></p><p> All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p><p><blockquote>标普500 11个主要板块全部收红，其中能源和金融板块跌幅最大。</blockquote></p><p> Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p><p><blockquote>苹果公司在今年最大的产品发布会上推出了 iPhone 13，并为其 iPad 和苹果手表设备添加了新功能，因为该公司面临着法院对其商业行为日益严格的审查。其股价收盘下跌 1.0%，是标普500和纳斯达克最大的拖累。</blockquote></p><p> Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p><p><blockquote>Intuit Inc 上涨了 1.9%，此前这家涡轮税制造商宣布将以 120 亿美元收购数字营销公司 Mailchimp。</blockquote></p><p> CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p><p><blockquote>德国生物技术公司 CureVac 取消其实验性 COVID-19 疫苗的生产交易后，股价下跌 8.0%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 2.25 比 1；在纳斯达克，2.40 比 1 的比率有利于下跌者。</blockquote></p><p> The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p><p><blockquote>标普500创下两个52周新高和两个新低；纳斯达克综合指数创下50个新高和107个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 100.7 亿股，而过去 20 个交易日的平均成交量为 93.8 亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes<blockquote>由于对经济复苏和企业增税的担忧，美国股市收盘走低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-15 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p><p><blockquote>纽约（路透社） - 尽管有通胀放缓的迹象，但经济不确定性和企业税率上调的可能性不断增加抑制了投资者情绪，并引发了广泛的抛售，华尔街周二下跌。</blockquote></p><p> Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p><p><blockquote>乐观情绪在整个交易日逐渐消退，扭转了劳工部发布消费者价格指数报告后最初的反弹势头。美国三大股指均以负值收盘，这提醒人们，9 月份是股市历史上最艰难的一个月。</blockquote></p><p> So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p><p><blockquote>本月到目前为止，标普500下跌了近1.8%，尽管基准指数自年初以来已上涨超过18%。</blockquote></p><p> “There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p><p><blockquote>“纽约 CFRA Research 首席投资策略师 Sam Stovall 说：”市场有可能只是准备好经历一场迟来的调整。“从季节性来看，9月份往往是基金经理的窗口期。”</blockquote></p><p> The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p><p><blockquote>高度传染性的Delta COVID变种的出现推动了对全球健康危机复苏的看跌情绪的增加，许多人现在预计股市将在今年年底前大幅调整。</blockquote></p><p> “We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p><p><blockquote>“芝加哥 Kingsview Asset Management 的投资组合经理保罗-诺尔特（Paul Nolte）说：”我们仍处于人们几个月来一直呼吁的纠正模式。“经济数据点一直低于预期，而这恰逢德尔塔变异毒株的上升”。</blockquote></p><p> The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p><p><blockquote>CPI报告公布的8月份数据低于共识，这一放缓支持了美联储主席杰罗姆-鲍威尔（Jerome Powell）的断言，即通胀飙升是暂时的，并平息了市场对央行将比预期更早开始收紧货币政策的担忧。</blockquote></p><p> U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p><p><blockquote>数据显示，美国国债收益率下降，给金融股带来压力，投资者的青睐以牺牲价值为代价重新转向增长。[美国/]</blockquote></p><p> The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p><p><blockquote>随着美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案逐渐接近通过，人们期待已久的企业税上调幅度将从 21% 提高到 26.5%。</blockquote></p><p> The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p><p><blockquote>道琼斯工业平均指数下跌292.06点，跌幅0.84%，报34,577.57点；标普500下跌25.68点，跌幅0.57%，报4,443.05点；纳斯达克综合指数下跌 67.82 点，跌幅 0.45%，至 15,037.76 点。</blockquote></p><p> All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p><p><blockquote>标普500 11个主要板块全部收红，其中能源和金融板块跌幅最大。</blockquote></p><p> Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p><p><blockquote>苹果公司在今年最大的产品发布会上推出了 iPhone 13，并为其 iPad 和苹果手表设备添加了新功能，因为该公司面临着法院对其商业行为日益严格的审查。其股价收盘下跌 1.0%，是标普500和纳斯达克最大的拖累。</blockquote></p><p> Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p><p><blockquote>Intuit Inc 上涨了 1.9%，此前这家涡轮税制造商宣布将以 120 亿美元收购数字营销公司 Mailchimp。</blockquote></p><p> CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p><p><blockquote>德国生物技术公司 CureVac 取消其实验性 COVID-19 疫苗的生产交易后，股价下跌 8.0%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 2.25 比 1；在纳斯达克，2.40 比 1 的比率有利于下跌者。</blockquote></p><p> The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p><p><blockquote>标普500创下两个52周新高和两个新低；纳斯达克综合指数创下50个新高和107个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 100.7 亿股，而过去 20 个交易日的平均成交量为 93.8 亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":865009369,"gmtCreate":1632921129795,"gmtModify":1632921130747,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"So many to buy, so little money[流泪]&nbsp;","listText":"So many to buy, so little money[流泪]&nbsp;","text":"So many to buy, so little money[流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/865009369","repostId":"2171984641","repostType":4,"isVote":1,"tweetType":1,"viewCount":1506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804391019,"gmtCreate":1627919803831,"gmtModify":1631893199619,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"As long as you still have bullets to hold out the drop, you get to buy cheap and average down your price, will benfit long term. Different game play if you want to speculate to hit &amp; run the short term.Like pls thx[开心]&nbsp;","listText":"As long as you still have bullets to hold out the drop, you get to buy cheap and average down your price, will benfit long term. Different game play if you want to speculate to hit &amp; run the short term.Like pls thx[开心]&nbsp;","text":"As long as you still have bullets to hold out the drop, you get to buy cheap and average down your price, will benfit long term. Different game play if you want to speculate to hit & run the short term.Like pls thx[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/804391019","repostId":"1196763976","repostType":4,"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":819879392,"gmtCreate":1630059186316,"gmtModify":1704955320554,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Good to know, have all these counters[爱心]&nbsp;[看涨]&nbsp;","listText":"Good to know, have all these counters[爱心]&nbsp;[看涨]&nbsp;","text":"Good to know, have all these counters[爱心] [看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/819879392","repostId":"1114650173","repostType":4,"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":837244836,"gmtCreate":1629897268125,"gmtModify":1631890714208,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Help like pls thx","listText":"Help like pls thx","text":"Help like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/837244836","repostId":"1179982896","repostType":4,"repost":{"id":"1179982896","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":1629893760,"share":"https://www.laohunote.com/m/news/1179982896?lang=zh_CN&edition=full","pubTime":"2021-08-25 20:16","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179982896","media":"Tiger Newspress","summary":"U.S. stock index futures were steady on Wednesday after another record close for the S&P 500 and the","content":"<p>U.S. stock index futures were steady on Wednesday after another record close for the S&amp;P 500 and the Nasdaq, while investors watched progress in the government's multi-trillion-dollar investment plans.</p><p><blockquote>在标普500和纳斯达克再次创纪录收盘后，美国股指期货周三保持稳定，而投资者则关注政府数万亿美元投资计划的进展。</blockquote></p><p> At 7:55 a.m. ET, Dow e-minis were down 3 points, or 0.07%, S&amp;P 500 e-minis were down 12 points, or 0.03%, and Nasdaq 100 e-minis were down 14.50 points, or 0.09%.</p><p><blockquote>美国东部时间上午 7:55，道琼斯电子迷你指数下跌 3 点，跌幅 0.07%，标普500电子迷你指数下跌 12 点，跌幅 0.03%，纳斯达克 100 电子迷你指数下跌 14.50 点，跌幅 0.09%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9af471a9313fe339e69031eb18ce40e2\" tg-width=\"1080\" tg-height=\"380\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Major Wall Street lenders were mixed, while industrials including Caterpillar Inc&nbsp;and 3M Co&nbsp;inched up about 0.3% after the Democratic-controlled U.S. House of Representatives approved a $3.5 trillion budget framework and agreed to vote by Sept. 27 on a $1 trillion Senate-passed infrastructure bill.</p><p><blockquote>华尔街主要银行涨跌互现，而在民主党控制的美国众议院批准了 3.5 万亿美元的预算框架并同意在 9 月 27 日之前就参议院通过的 1 万亿美元基础设施法案进行投票后，包括卡特彼勒公司 (Caterpillar Inc) 和 3M Co 在内的工业公司小幅上涨约 0.3%。</blockquote></p><p> Shares of several retail trading darlings, including Express, AMC Entertainment&nbsp;and Koss Corp, rose between 1.4% and 8.4%, a day after dealing over $1 billion in losses to short sellers in late heavy volume trading on no apparent news.</p><p><blockquote>包括 Express、AMC院线和 Koss Corp 在内的几家零售交易宠儿的股价上涨了 1.4% 至 8.4%，一天前，在没有明显消息的情况下，在尾盘放量交易中卖空者损失了超过 10 亿美元。</blockquote></p><p> Focus is now on the Federal Reserve's annual economic symposium at Jackson Hole on Friday for views on when the central bank will start tapering its massive asset purchases program.</p><p><blockquote>现在的焦点是周五在杰克逊霍尔举行的美联储年度经济研讨会，以了解美联储何时开始缩减大规模资产购买计划。</blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> TSMC(TSM)&nbsp;–&nbsp;Shares of Taiwan Semiconductor Manufacturing Co. rose 2.7%&nbsp;in premarket trading after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.</p><p><blockquote>台积电（TSM）——经销商表示，当地媒体报道称，由于全球供应短缺，这家全球最大的合同芯片制造商将提高产品价格，台积电股价在盘前交易中上涨 2.7%。</blockquote></p><p> Dick’s Sporting Goods(DKS) – The sporting goods retailer’s shares jumped 11.4% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its quarterly dividend. Dick’s earned an adjusted $5.08 per share for its latest quarter, beating the consensus estimate of $2.80.</p><p><blockquote>迪克体育用品公司（DKS）--由于季度盈利超出预期，这家体育用品零售商的股价在盘前大涨 11.4%。该公司还宣布派发每股 5.50 美元的特别股息，并将季度股息增加 21%。Dick's 最近一个季度调整后每股收益为 5.08 美元，超过了市场普遍预期的 2.80 美元。</blockquote></p><p> Johnson &amp; Johnson(JNJ) – Johnson &amp; Johnson said study data supports the benefits of a booster shot for recipients of its Covid-19 vaccine. The dose sharply increased levels of antibodies in two early-stage trials.</p><p><blockquote>强生公司（JNJ）——强生公司表示，研究数据支持其 Covid-19 疫苗接种者加强注射的好处。在两项早期试验中，该剂量急剧增加了抗体水平。</blockquote></p><p> Express(EXPR) – Shares of the apparel retailer rallied 5.2% in the premarket after the company reported an unexpected profit for its latest quarter. Express earned 2 cents per share, compared with forecasts of a 30 cents per share loss, and revenue also came in above analyst forecasts.</p><p><blockquote>Express (EXPR) – 这家服装零售商公布最新季度意外盈利后，其股价在盘前上涨 5.2%。Express 每股收益为 2 美分，而预测为每股亏损 30 美分，收入也高于分析师的预测。</blockquote></p><p> Shoe Carnival(SCVL) – The shoe retailer reported a quarterly profit of $1.54 per share, more than double the 75 cent consensus estimate, with revenue also exceeding Wall Street forecasts and comparable sales rising 11.4%. Shoe Carnival gained 2.2% in the premarket.</p><p><blockquote>Shoe Carnival (SCVL) – 这家鞋类零售商公布季度利润为每股 1.54 美元，是市场普遍预期 75 美分的两倍多，收入也超出了华尔街的预测，可比销售额增长了 11.4%。鞋嘉年华盘前上涨2.2%。</blockquote></p><p> Cassava Biosciences(SAVA) – The biotechnology company said claims posted online late yesterday challenging its scientific integrity are false and misleading. The issue revolved around study data for an Alzheimer’s disease treatment. Cassava released a statement refuting each of 15 claims that the company calls “fiction.” Cassava tumbled 22.6% in the premarket.</p><p><blockquote>Cassava Biosciences（SAVA）——这家生物技术公司表示，昨天晚些时候在网上发布的质疑其科学诚信的说法是虚假的，具有误导性。这个问题围绕着阿尔茨海默病治疗的研究数据展开。Cassava 发表声明，驳斥了有关该公司评级 “虚构 ”的 15 项说法。木薯盘前下跌 22.6%。</blockquote></p><p> Urban Outfitters(URBN) – Urban Outfitters earned $1.28 per share for its latest quarter, beating the 77 cents consensus estimate. The apparel retailer’s revenue was also above forecasts. Urban Outfitters benefited from a sizeable increase in digital sales compared with pre-pandemic levels. However, the company also mentioned that it is dealing with supply chain issues, and its shares lost 5.2% in premarket trading.</p><p><blockquote>Urban Outfitters (URBN) – Urban Outfitters 最新季度每股收益为 1.28 美元，超过市场普遍预期的 77 美分。这家服装零售商的收入也高于预期。与大流行前的水平相比，Urban Outfitters受益于数字销售的大幅增长。不过，该公司也提到正在处理供应链问题，其股价在盘前交易中下跌5.2%。</blockquote></p><p> Nordstrom(JWN) – Nordstrom tumbled 11.5% in premarket trading after its quarterly report showed revenue for its latest quarter was still below pre-pandemic levels. The department store operator did beat the 27 cents estimate for its latest quarter with earnings of 49 cents per share, and revenue above forecasts. Nordstrom raised its full-year outlook as well.</p><p><blockquote>Nordstrom (JWN) – Nordstrom 在季度报告显示其最新季度的收入仍低于大流行前的水平后，在盘前交易中暴跌 11.5%。这家百货商店运营商最近一个季度的每股收益为 49 美分，超出了 27 美分的预期，收入也高于预期。诺德斯特龙也上调了全年展望。</blockquote></p><p> Toll Brothers(TOL) – Toll Brothers reported quarterly earnings of $1.87 per share, 32 cents above the consensus estimate, with the luxury home builder’s revenue essentially in line with Wall Street forecasts. Low overall inventories in the housing market and low mortgage rates helped boost the company’s results. Toll Brothers gained 1.9% in premarket action.</p><p><blockquote>Toll Brothers（TOL）--Toll Brothers 公布的季度收益为每股 1.87 美元，比市场普遍预期高出 32 美分，这家豪华住宅建筑商的收入与华尔街的预测基本一致。房地产市场整体库存较低，抵押贷款利率较低，这有助于提振公司业绩。Toll Brothers 在盘前交易中上涨 1.9%。</blockquote></p><p> Intuit(INTU) – Intuit beat estimates by 38 cents with adjusted quarterly earnings of $1.97, while the financial software company’s revenue topped estimates. The maker of TurboTax also issued an upbeat outlook, raised its dividend and boosted its stock buyback program. The stock added 2.4% in the premarket.</p><p><blockquote>Intuit（INTU）--Intuit 调整后季度收益为 1.97 美元，超出预期 38 美分，而这家财务软件公司的收入也超过了预期。TurboTax 的制造商还发布了乐观的前景，提高了股息并加大了股票回购计划。该股盘前上涨2.4%。</blockquote></p><p> Meme Stocks – So-called “meme” stocks remain on watch after late Tuesday rallies.AMC Entertainment,Koss,Robinhood and&nbsp;ContextLogic all surged despite a lack of news on any of those companies. Koss rose 1.7% in the premarket, AMC jumped 2.6%,GameStop&nbsp;fell&nbsp;1.6%&nbsp;and Robinhood fell 0.1%.</p><p><blockquote>Meme 股票--所谓的 “Meme ”股票在周二晚些时候上涨后仍备受关注。AMC Entertainment、Koss、Robinhood 和 ContextLogic 都在飙升，尽管这些公司都没有消息。Koss盘前上涨1.7%，AMC上涨2.6%，GameStop下跌1.6%，Robinhood下跌0.1%。</blockquote></p><p></p><p> Campbell Soup(CPB) – Campbell Soup was downgraded to “neutral” from “overweight” at Piper Sandler, which cited increasing commodity costs among other factors. Campbell shares slid 1.4% in premarket trading.</p><p><blockquote>金宝汤（CPB）--Piper Sandler 将金宝汤的评级从 “跑赢大盘 ”下调至 “中性”，理由是商品成本上升等因素。金宝股价在盘前交易中下跌 1.4%。</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 Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-25 20:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures were steady on Wednesday after another record close for the S&amp;P 500 and the Nasdaq, while investors watched progress in the government's multi-trillion-dollar investment plans.</p><p><blockquote>在标普500和纳斯达克再次创纪录收盘后，美国股指期货周三保持稳定，而投资者则关注政府数万亿美元投资计划的进展。</blockquote></p><p> At 7:55 a.m. ET, Dow e-minis were down 3 points, or 0.07%, S&amp;P 500 e-minis were down 12 points, or 0.03%, and Nasdaq 100 e-minis were down 14.50 points, or 0.09%.</p><p><blockquote>美国东部时间上午 7:55，道琼斯电子迷你指数下跌 3 点，跌幅 0.07%，标普500电子迷你指数下跌 12 点，跌幅 0.03%，纳斯达克 100 电子迷你指数下跌 14.50 点，跌幅 0.09%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9af471a9313fe339e69031eb18ce40e2\" tg-width=\"1080\" tg-height=\"380\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Major Wall Street lenders were mixed, while industrials including Caterpillar Inc&nbsp;and 3M Co&nbsp;inched up about 0.3% after the Democratic-controlled U.S. House of Representatives approved a $3.5 trillion budget framework and agreed to vote by Sept. 27 on a $1 trillion Senate-passed infrastructure bill.</p><p><blockquote>华尔街主要银行涨跌互现，而在民主党控制的美国众议院批准了 3.5 万亿美元的预算框架并同意在 9 月 27 日之前就参议院通过的 1 万亿美元基础设施法案进行投票后，包括卡特彼勒公司 (Caterpillar Inc) 和 3M Co 在内的工业公司小幅上涨约 0.3%。</blockquote></p><p> Shares of several retail trading darlings, including Express, AMC Entertainment&nbsp;and Koss Corp, rose between 1.4% and 8.4%, a day after dealing over $1 billion in losses to short sellers in late heavy volume trading on no apparent news.</p><p><blockquote>包括 Express、AMC院线和 Koss Corp 在内的几家零售交易宠儿的股价上涨了 1.4% 至 8.4%，一天前，在没有明显消息的情况下，在尾盘放量交易中卖空者损失了超过 10 亿美元。</blockquote></p><p> Focus is now on the Federal Reserve's annual economic symposium at Jackson Hole on Friday for views on when the central bank will start tapering its massive asset purchases program.</p><p><blockquote>现在的焦点是周五在杰克逊霍尔举行的美联储年度经济研讨会，以了解美联储何时开始缩减大规模资产购买计划。</blockquote></p><p> <b>Stocks making the biggest moves premarket:</b></p><p><blockquote><b>盘前波动最大的股票：</b></blockquote></p><p> TSMC(TSM)&nbsp;–&nbsp;Shares of Taiwan Semiconductor Manufacturing Co. rose 2.7%&nbsp;in premarket trading after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.</p><p><blockquote>台积电（TSM）——经销商表示，当地媒体报道称，由于全球供应短缺，这家全球最大的合同芯片制造商将提高产品价格，台积电股价在盘前交易中上涨 2.7%。</blockquote></p><p> Dick’s Sporting Goods(DKS) – The sporting goods retailer’s shares jumped 11.4% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its quarterly dividend. Dick’s earned an adjusted $5.08 per share for its latest quarter, beating the consensus estimate of $2.80.</p><p><blockquote>迪克体育用品公司（DKS）--由于季度盈利超出预期，这家体育用品零售商的股价在盘前大涨 11.4%。该公司还宣布派发每股 5.50 美元的特别股息，并将季度股息增加 21%。Dick's 最近一个季度调整后每股收益为 5.08 美元，超过了市场普遍预期的 2.80 美元。</blockquote></p><p> Johnson &amp; Johnson(JNJ) – Johnson &amp; Johnson said study data supports the benefits of a booster shot for recipients of its Covid-19 vaccine. The dose sharply increased levels of antibodies in two early-stage trials.</p><p><blockquote>强生公司（JNJ）——强生公司表示，研究数据支持其 Covid-19 疫苗接种者加强注射的好处。在两项早期试验中，该剂量急剧增加了抗体水平。</blockquote></p><p> Express(EXPR) – Shares of the apparel retailer rallied 5.2% in the premarket after the company reported an unexpected profit for its latest quarter. Express earned 2 cents per share, compared with forecasts of a 30 cents per share loss, and revenue also came in above analyst forecasts.</p><p><blockquote>Express (EXPR) – 这家服装零售商公布最新季度意外盈利后，其股价在盘前上涨 5.2%。Express 每股收益为 2 美分，而预测为每股亏损 30 美分，收入也高于分析师的预测。</blockquote></p><p> Shoe Carnival(SCVL) – The shoe retailer reported a quarterly profit of $1.54 per share, more than double the 75 cent consensus estimate, with revenue also exceeding Wall Street forecasts and comparable sales rising 11.4%. Shoe Carnival gained 2.2% in the premarket.</p><p><blockquote>Shoe Carnival (SCVL) – 这家鞋类零售商公布季度利润为每股 1.54 美元，是市场普遍预期 75 美分的两倍多，收入也超出了华尔街的预测，可比销售额增长了 11.4%。鞋嘉年华盘前上涨2.2%。</blockquote></p><p> Cassava Biosciences(SAVA) – The biotechnology company said claims posted online late yesterday challenging its scientific integrity are false and misleading. The issue revolved around study data for an Alzheimer’s disease treatment. Cassava released a statement refuting each of 15 claims that the company calls “fiction.” Cassava tumbled 22.6% in the premarket.</p><p><blockquote>Cassava Biosciences（SAVA）——这家生物技术公司表示，昨天晚些时候在网上发布的质疑其科学诚信的说法是虚假的，具有误导性。这个问题围绕着阿尔茨海默病治疗的研究数据展开。Cassava 发表声明，驳斥了有关该公司评级 “虚构 ”的 15 项说法。木薯盘前下跌 22.6%。</blockquote></p><p> Urban Outfitters(URBN) – Urban Outfitters earned $1.28 per share for its latest quarter, beating the 77 cents consensus estimate. The apparel retailer’s revenue was also above forecasts. Urban Outfitters benefited from a sizeable increase in digital sales compared with pre-pandemic levels. However, the company also mentioned that it is dealing with supply chain issues, and its shares lost 5.2% in premarket trading.</p><p><blockquote>Urban Outfitters (URBN) – Urban Outfitters 最新季度每股收益为 1.28 美元，超过市场普遍预期的 77 美分。这家服装零售商的收入也高于预期。与大流行前的水平相比，Urban Outfitters受益于数字销售的大幅增长。不过，该公司也提到正在处理供应链问题，其股价在盘前交易中下跌5.2%。</blockquote></p><p> Nordstrom(JWN) – Nordstrom tumbled 11.5% in premarket trading after its quarterly report showed revenue for its latest quarter was still below pre-pandemic levels. The department store operator did beat the 27 cents estimate for its latest quarter with earnings of 49 cents per share, and revenue above forecasts. Nordstrom raised its full-year outlook as well.</p><p><blockquote>Nordstrom (JWN) – Nordstrom 在季度报告显示其最新季度的收入仍低于大流行前的水平后，在盘前交易中暴跌 11.5%。这家百货商店运营商最近一个季度的每股收益为 49 美分，超出了 27 美分的预期，收入也高于预期。诺德斯特龙也上调了全年展望。</blockquote></p><p> Toll Brothers(TOL) – Toll Brothers reported quarterly earnings of $1.87 per share, 32 cents above the consensus estimate, with the luxury home builder’s revenue essentially in line with Wall Street forecasts. Low overall inventories in the housing market and low mortgage rates helped boost the company’s results. Toll Brothers gained 1.9% in premarket action.</p><p><blockquote>Toll Brothers（TOL）--Toll Brothers 公布的季度收益为每股 1.87 美元，比市场普遍预期高出 32 美分，这家豪华住宅建筑商的收入与华尔街的预测基本一致。房地产市场整体库存较低，抵押贷款利率较低，这有助于提振公司业绩。Toll Brothers 在盘前交易中上涨 1.9%。</blockquote></p><p> Intuit(INTU) – Intuit beat estimates by 38 cents with adjusted quarterly earnings of $1.97, while the financial software company’s revenue topped estimates. The maker of TurboTax also issued an upbeat outlook, raised its dividend and boosted its stock buyback program. The stock added 2.4% in the premarket.</p><p><blockquote>Intuit（INTU）--Intuit 调整后季度收益为 1.97 美元，超出预期 38 美分，而这家财务软件公司的收入也超过了预期。TurboTax 的制造商还发布了乐观的前景，提高了股息并加大了股票回购计划。该股盘前上涨2.4%。</blockquote></p><p> Meme Stocks – So-called “meme” stocks remain on watch after late Tuesday rallies.AMC Entertainment,Koss,Robinhood and&nbsp;ContextLogic all surged despite a lack of news on any of those companies. Koss rose 1.7% in the premarket, AMC jumped 2.6%,GameStop&nbsp;fell&nbsp;1.6%&nbsp;and Robinhood fell 0.1%.</p><p><blockquote>Meme 股票--所谓的 “Meme ”股票在周二晚些时候上涨后仍备受关注。AMC Entertainment、Koss、Robinhood 和 ContextLogic 都在飙升，尽管这些公司都没有消息。Koss盘前上涨1.7%，AMC上涨2.6%，GameStop下跌1.6%，Robinhood下跌0.1%。</blockquote></p><p></p><p> Campbell Soup(CPB) – Campbell Soup was downgraded to “neutral” from “overweight” at Piper Sandler, which cited increasing commodity costs among other factors. Campbell shares slid 1.4% in premarket trading.</p><p><blockquote>金宝汤（CPB）--Piper Sandler 将金宝汤的评级从 “跑赢大盘 ”下调至 “中性”，理由是商品成本上升等因素。金宝股价在盘前交易中下跌 1.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TOL":"托尔兄弟","HOOD":"Robinhood","EXPR":"Express, Inc.",".DJI":"道琼斯","URBN":"都市服饰","KOSS":"高斯电子","JNJ":"强生","GME":"游戏驿站",".IXIC":"NASDAQ Composite","TSM":"台积电","AMC":"AMC院线","JWN":"诺德斯特龙","DKS":"迪克体育用品"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179982896","content_text":"U.S. stock index futures were steady on Wednesday after another record close for the S&P 500 and the Nasdaq, while investors watched progress in the government's multi-trillion-dollar investment plans.\nAt 7:55 a.m. ET, Dow e-minis were down 3 points, or 0.07%, S&P 500 e-minis were down 12 points, or 0.03%, and Nasdaq 100 e-minis were down 14.50 points, or 0.09%.\n\nMajor Wall Street lenders were mixed, while industrials including Caterpillar Inc and 3M Co inched up about 0.3% after the Democratic-controlled U.S. House of Representatives approved a $3.5 trillion budget framework and agreed to vote by Sept. 27 on a $1 trillion Senate-passed infrastructure bill.\nShares of several retail trading darlings, including Express, AMC Entertainment and Koss Corp, rose between 1.4% and 8.4%, a day after dealing over $1 billion in losses to short sellers in late heavy volume trading on no apparent news.\nFocus is now on the Federal Reserve's annual economic symposium at Jackson Hole on Friday for views on when the central bank will start tapering its massive asset purchases program.\nStocks making the biggest moves premarket:\nTSMC(TSM) – Shares of Taiwan Semiconductor Manufacturing Co. rose 2.7% in premarket trading after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.\nDick’s Sporting Goods(DKS) – The sporting goods retailer’s shares jumped 11.4% in the premarket, as its quarterly earnings beat estimates. The company also announced a $5.50 per share special dividend and a 21% increase in its quarterly dividend. Dick’s earned an adjusted $5.08 per share for its latest quarter, beating the consensus estimate of $2.80.\nJohnson & Johnson(JNJ) – Johnson & Johnson said study data supports the benefits of a booster shot for recipients of its Covid-19 vaccine. The dose sharply increased levels of antibodies in two early-stage trials.\nExpress(EXPR) – Shares of the apparel retailer rallied 5.2% in the premarket after the company reported an unexpected profit for its latest quarter. Express earned 2 cents per share, compared with forecasts of a 30 cents per share loss, and revenue also came in above analyst forecasts.\nShoe Carnival(SCVL) – The shoe retailer reported a quarterly profit of $1.54 per share, more than double the 75 cent consensus estimate, with revenue also exceeding Wall Street forecasts and comparable sales rising 11.4%. Shoe Carnival gained 2.2% in the premarket.\nCassava Biosciences(SAVA) – The biotechnology company said claims posted online late yesterday challenging its scientific integrity are false and misleading. The issue revolved around study data for an Alzheimer’s disease treatment. Cassava released a statement refuting each of 15 claims that the company calls “fiction.” Cassava tumbled 22.6% in the premarket.\nUrban Outfitters(URBN) – Urban Outfitters earned $1.28 per share for its latest quarter, beating the 77 cents consensus estimate. The apparel retailer’s revenue was also above forecasts. Urban Outfitters benefited from a sizeable increase in digital sales compared with pre-pandemic levels. However, the company also mentioned that it is dealing with supply chain issues, and its shares lost 5.2% in premarket trading.\nNordstrom(JWN) – Nordstrom tumbled 11.5% in premarket trading after its quarterly report showed revenue for its latest quarter was still below pre-pandemic levels. The department store operator did beat the 27 cents estimate for its latest quarter with earnings of 49 cents per share, and revenue above forecasts. Nordstrom raised its full-year outlook as well.\nToll Brothers(TOL) – Toll Brothers reported quarterly earnings of $1.87 per share, 32 cents above the consensus estimate, with the luxury home builder’s revenue essentially in line with Wall Street forecasts. Low overall inventories in the housing market and low mortgage rates helped boost the company’s results. Toll Brothers gained 1.9% in premarket action.\nIntuit(INTU) – Intuit beat estimates by 38 cents with adjusted quarterly earnings of $1.97, while the financial software company’s revenue topped estimates. The maker of TurboTax also issued an upbeat outlook, raised its dividend and boosted its stock buyback program. The stock added 2.4% in the premarket.\nMeme Stocks – So-called “meme” stocks remain on watch after late Tuesday rallies.AMC Entertainment,Koss,Robinhood and ContextLogic all surged despite a lack of news on any of those companies. Koss rose 1.7% in the premarket, AMC jumped 2.6%,GameStop fell 1.6% and Robinhood fell 0.1%.\nCampbell Soup(CPB) – Campbell Soup was downgraded to “neutral” from “overweight” at Piper Sandler, which cited increasing commodity costs among other factors. Campbell shares slid 1.4% in premarket trading.","news_type":1,"symbols_score_info":{"AMC":0.9,"KOSS":0.9,"EXPR":0.9,"ESmain":0.9,"DKS":0.9,"URBN":0.9,"HOOD":0.9,".DJI":0.9,"JWN":0.9,".IXIC":0.9,"SCVL":0.9,"WISH":0.9,"JNJ":0.9,".SPX":0.9,"YMmain":0.9,"TSM":0.9,"NQmain":0.9,"GME":0.9,"TOL":0.9,"SAVA":0.9}},"isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886099969,"gmtCreate":1631535803251,"gmtModify":1631887819454,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Help like pls thx","listText":"Help like pls thx","text":"Help like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886099969","repostId":"2167630550","repostType":4,"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830504200,"gmtCreate":1629079386600,"gmtModify":1631890714219,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"i think [思考]&nbsp;there's some room for more dip[疑问]&nbsp;Help like pls thx","listText":"i think [思考]&nbsp;there's some room for more dip[疑问]&nbsp;Help like pls thx","text":"i think [思考] there's some room for more dip[疑问] Help like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/830504200","repostId":"1184016266","repostType":4,"repost":{"id":"1184016266","kind":"news","pubTimestamp":1629079143,"share":"https://www.laohunote.com/m/news/1184016266?lang=zh_CN&edition=full","pubTime":"2021-08-16 09:59","market":"us","language":"en","title":"Uber: Buy The Dip, The Bullish Opportunity Has Never Been Clearer<blockquote>Uber：逢低买入，看涨机会从未如此清晰</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184016266","media":"seekingalpha","summary":"Summary\n\nShares of Uber extended YTD losses after reporting Q2 results, owing to a higher-than-expec","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Shares of Uber extended YTD losses after reporting Q2 results, owing to a higher-than-expected adjusted EBITDA loss.</li>  <li>Uber has been raising driver incentives in order to increase available drivers in preparation for the summer's reopening.</li>  <li>Rideshare bookings have dramatically rebounded, positioning Uber well for recovery.</li>  <li>Short-term profitability hits should be ignored, given Uber's long-term market opportunity is still dramatically larger than where it stands today.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/264f12006f44a0183231357537f4d996\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>NYCstock/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>由于调整后 EBITDA 亏损高于预期，Uber 股价在公布第二季度业绩后年初至今亏损扩大。</li><li>优步一直在提高司机激励措施，以增加可用司机，为夏季重新开业做准备。</li><li>拼车预订量大幅反弹，为 Uber 的复苏做好了准备。</li><li>鉴于 Uber 的长期市场机会仍然远远大于目前的水平，短期盈利能力的打击应该被忽视。</li></ul><p class=\"t-img-caption\"><span>NYCstock/iStock 社论来自 Getty Images</span></p></blockquote></p><p> This year, the share price behavior of certain stocks that are thought to be obvious \"reopening plays\" has been a bit bizarre, and in no company other than Uber (UBER) is this more evident. Investors have soured on Uber year-to-date, sending the stock down nearly 20%: in spite of very positive reopening news that has lifted Uber's rideshare bookings. Even better, the company is noting that delivery (UberEats) bookings have held strong, indicating that delivery may have become a more permanent fixture of our daily routines that won't fade post-pandemic.</p><p><blockquote>今年，某些被认为是明显“重开戏”的股票的股价行为有点怪异，除了Uber(Uber)之外，没有哪家公司的股价表现更为明显。今年迄今为止，投资者对 Uber 感到不满，导致其股价下跌近 20%：尽管重新开业的消息非常积极，提高了 Uber 的拼车预订量。更好的是，该公司指出，送货（UberEats）预订一直保持强劲，这表明送货可能已经成为我们日常生活中更永久的一部分，不会在大流行后消失。</blockquote></p><p> Losses in Uber picked up steam after the company reported Q2 results in early August. Bookings and revenue topped expectations, but Uber has been stepping up driver bonuses in order to be the most available rideshare app amid this summer's reopening. That strategy hurt the company's overall profitability this quarter, but in my view, recovering rider trends are a far more important accomplishment. To me, this is a very buyable dip in Uber.</p><p><blockquote>Uber 在 8 月初公布第二季度业绩后，亏损加剧。预订量和收入超出了预期，但 Uber 一直在提高司机奖金，以便在今年夏天重新开放时成为最可用的拼车应用程序。这一策略损害了公司本季度的整体盈利能力，但在我看来，恢复骑手趋势是一项更重要的成就。对我来说，这是 Uber 非常值得购买的下跌。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac082ef941a10c159b2dae46bacb497c\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> <b>The bullish thesis in Uber</b></p><p><blockquote><b>优步的乐观论点</b></blockquote></p><p> Investors often have such a short-term focus: Uber's recent dip was all about the losses it incurred in a single quarter, driven by a temporary factor (a step-up in driver incentives). In my view, patient investors should take this opportunity to review the long-term bullish thesis for Uber:</p><p><blockquote>投资者通常有这样的短期关注点：优步最近的下跌完全是因为它在一个季度内遭受的损失，这是由一个暂时因素（司机激励措施的提高）驱动的。在我看来，有耐心的投资者应该借此机会回顾一下 Uber 的长期看涨论点：</blockquote></p><p> <ul>  <li><b>Huge $13.8 trillion TAM.</b>Mobility and Delivery each carry $5 trillion market opportunities, and nascent Uber Freight is another massive $3.8 trillion market that is heavily underserved and ripe for tech disruption.</li>  <li><b>Formidable marketleadership.</b>In most of the markets that Uber operates in, the company has a leading market share, and usually by a substantial margin. The company has selectively exited markets where it lost share to a local incumbent (Grab in Singapore is a good example), so it can focus on turf where it has the advantage.</li>  <li><b>The sharing economy is gradually taking precedence over ownership.</b>In 2021, a semiconductor shortage has dramatically increased the price of cars, both used and new. Even before this price shock and pre-pandemic, many consumers were already questioning the wisdom of car ownership over rideshare. Owning a car comes with maintenance costs, insurance costs, and in urban areas, often hefty parking costs. Gradually, I expect car ownership to decline and for rideshare to become the preeminent form of transportation.</li>  <li><b>\"Other bets\"are numerous.</b>Uber Freight is the best example of a new initiative to drive growth, but grocery and package delivery are others as well. Uber's focus on anything involving mobility gives it a massive greenfield market to operate in.</li> </ul> Rideshare's cost spike is temporary; look ahead to adjusted EBITDA profitability by Q4</p><p><blockquote><ul><li><b>巨大的13.8万亿美元TAM。</b>移动和送货各带来5万亿美元的市场机会，新生的优步货运是另一个3.8万亿美元的巨大市场，服务严重不足，技术颠覆的时机已经成熟。</li><li><b>强大的市场领导地位。</b>在 Uber 运营的大多数市场中，该公司都拥有领先的市场份额，而且通常还有很大的优势。该公司有选择地退出了市场份额被当地现有企业夺走的市场（新加坡的 Grab 就是一个很好的例子），因此它可以专注于具有优势的领域。</li><li><b>共享经济正逐渐优先于所有制经济。</b>2021年，半导体短缺导致二手车和新车的价格大幅上涨。甚至在这次价格冲击和大流行之前，许多消费者就已经在质疑拥有汽车而不是拼车的明智性。拥有一辆汽车伴随着维护费用、保险费用，在城市地区，通常还要支付高昂的停车费。渐渐地，我预计汽车拥有量会下降，拼车会成为主要的交通方式。</li><li><b>“其他赌注”数不胜数。</b>优步货运是推动增长的新举措的最佳例子，但杂货和包裹递送也是其他例子。优步对任何涉及移动出行的事情的关注为其提供了一个巨大的绿地市场。</li></ul>Rideshare 的成本飙升是暂时的；展望第四季度调整后的 EBITDA 盈利能力</blockquote></p><p> Let's now discuss the biggest issue that plagued sentiment for Uber exiting Q2. The important context to set behind this discussion is that Uber's gross bookings have never been stronger. Gross bookings across both mobility and delivery in July were up 45% versus 2019, having recovered in leaps and bounds from the depths of the pandemic.</p><p><blockquote>现在让我们讨论一下困扰 Uber 退出第二季度情绪的最大问题。这场讨论背后的重要背景是，优步的总预订量从未如此强劲。与2019年相比，7月份移动和送货的总预订量增长了45%，从疫情的深渊中突飞猛进地复苏。</blockquote></p><p> Figure 1. Uber gross bookings trends</p><p><blockquote>图1。Uber 总预订趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/805a3bdea024c0302a037822a637b8f0\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> So it makes sense that Uber wants to invest dramatically to bring drivers back onto the platform and improve availability. Consumers view rideshare as more or less a uniform service: given roughly equivalent prices, a user will likely use the rideshare app that offers the lowest wait times.</p><p><blockquote>因此，优步希望大力投资将司机带回平台并提高可用性是有道理的。消费者将拼车视为或多或少统一的服务：在大致相同的价格下，用户可能会使用提供最短等待时间的拼车应用程序。</blockquote></p><p> As shown in the chart below, the number of drivers on the Uber platform has spiked 50% since February, and over the same time period, wait times have also improved across a number of major urban markets, especially dense urban centers like Miami and Atlanta.</p><p><blockquote>如下图所示，自2月份以来，优步平台上的司机数量激增了50%，同期，许多主要城市市场的等待时间也有所改善，尤其是迈阿密和亚特兰大等人口密集的城市中心。</blockquote></p><p> Figure 2. Uber driver and wait time statistics</p><p><blockquote>图2。Uber 司机和等待时间统计</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/519c7bb069aba3ce11e084fc458a0594\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> This is Uber's opportunity to showcase its size advantage over Lyft(NASDAQ:LYFT). If Uber can consistently show better wait times and availability in these markets than its competitors, customers may eventually stop checking competitor applications and rely exclusively on Uber.</p><p><blockquote>这是 Uber 展示其相对于Lyft（纳斯达克股票代码：LYFT）规模优势的机会。如果优步能够在这些市场持续表现出比竞争对手更好的等待时间和可用性，客户最终可能会停止查看竞争对手的应用程序，并完全依赖优步。</blockquote></p><p> To me, I'm more than happy to sacrifice one or two quarters of adjusted EBITDA profits in order to achieve the right capacity to handle post-reopening rideshare demand. Uber's -$509 million in adjusted EBITDA in Q2 wasn't that bad (it's the best Q2 in two years, in fact, and a slimmer loss even compared to Q2'19 at -$656 million):</p><p><blockquote>对我来说，我非常乐意牺牲一两个季度的调整后 EBITDA 利润，以获得处理重新开放后拼车需求的合适容量。Uber 第二季度调整后 EBITDA 为 -5.09 亿美元，这并没有那么糟糕（事实上，这是两年来最好的第二季度，与 2019 年第二季度的 -6.56 亿美元相比，亏损甚至更小）：</blockquote></p><p> Figure 3. Uber adjusted EBITDA trends</p><p><blockquote>图3。Uber 调整 EBITDA 趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97d00355ad6418c2949cdd78af6836b2\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> The big long-term driver here of course is Delivery's increased economies of scale. The Delivery segment has reached a -$161 million adjusted EBITDA profile, representing a near-breakeven -8.2% adjusted EBITDA margin in Q2: which is substantially improved versus a -$232 million loss (-26.2% margin) in the year-ago Q2.</p><p><blockquote>当然，这里最大的长期驱动力是交付的规模经济增加。交付部门的调整后 EBITDA 已达到 -1.61 亿美元，第二季度的调整后 EBITDA 利润率接近盈亏平衡 -8.2%：与去年同期的 -2.32 亿美元亏损（-26.2% 利润率）相比，有了很大改善。</blockquote></p><p> Uber also notes that its Uber Pass program, a $25/month membership that gives riders a 10-15% discount on rides, no delivery fees, and a 5% discount on restaurant orders, has been picking up steam and now represents about a third of its delivery customers. The increase in frequent ridership driven by this program will also help Uber to scale all of its lines of business. Per CEO Dara Khosrowshahi's prepared remarks on the&nbsp;Q2 earnings call:</p><p><blockquote>优步还指出，其优步通行证计划是一项每月 25 美元的会员资格，为乘客提供 10-15% 的乘车折扣、无送货费和 5% 的餐厅订单折扣，该计划一直在加速发展，目前约占其送货客户的三分之一。该计划带来的频繁乘客数量的增加也将有助于优步扩大其所有业务线。根据首席执行官 Dara Khosrowshahi 在第二季度盈利看涨期权上准备好的讲话：</blockquote></p><p>   Just a year ago we began to roll out Uber Pass in earnest. It now drives 30% of Delivery GBs in the US, and roughly 25% globally. Consumers who regularly engage with both Mobility and Delivery now account for nearly half of our total company Gross Bookings. For these consumers in particular, Pass is a no-brainer, and we see a long runway for increased adoption. We're also seeing the benefits of cross-platform synergies for merchants and other businesses. Uber remains the largest global on-demand delivery platform outside of China, with more than 750,000 monthly active merchants on our platform. And our leadership position continues to grow. We are now the category leader in 8 of our top 10 Delivery markets, with clear number two positions in the US and UK.\"  Uber is expecting adjusted EBITDA losses to slim down to \"$100 million or better\" by Q3, as shown in the chart below:</p><p><blockquote>就在一年前，我们开始认真推出优步通行证。它现在推动了美国30%的GBs交付，全球约25%。经常参与移动和送货服务的消费者现在占我们公司总预订量的近一半。特别是对于这些消费者来说，Pass是显而易见的，我们看到了增加采用率的漫长跑道。我们还看到了跨平台协同效应对商家和其他企业的好处。优步仍然是中国以外最大的全球按需配送平台，我们的平台上每月活跃商户超过75万家。我们的领导地位持续增长。我们现在在十大交付市场中的 8 个市场中处于类别领导者，在美国和英国占据明显的第二名地位。”Uber 预计到第三季度调整后 EBITDA 亏损将缩小至“1 亿美元或更多”，如下图所示：</blockquote></p><p> Figure 4. Uber forward-looking adjusted EBITDA guidance</p><p><blockquote>图4。Uber 前瞻性调整后 EBITDA 指引</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3c1cba8d64af585450ddae1e15ec4f5\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> The improvement will be driven by both continued synergies/economies of scale on the delivery side, plus a slowdown in driver incentives (the company has already achieved tremendous growth in its driver base, and so the driver stimulus it implemented in Q2 will gradually phase out).</p><p><blockquote>这种改善将受到交付方面持续协同效应/规模经济的推动，加上司机激励措施的放缓（该公司的司机基础已经实现了巨大的增长，因此其在Q2实施的司机激励措施将逐步淘汰）。</blockquote></p><p> Even better, Uber expects to hit consolidated profitability on an adjusted EBITDA basis by Q4, which is what the company originally committed at the start of the year: to reach adjusted EBITDA profitability at a quarterly level at least by the end of 2021.</p><p><blockquote>更好的是，Uber 预计到第四季度将实现调整后 EBITDA 的综合盈利能力，这是该公司最初在年初承诺的：至少到 2021 年底，调整后 EBITDA 盈利能力达到季度水平。</blockquote></p><p> <b>Key takeaways</b></p><p><blockquote><b>主要要点</b></blockquote></p><p> Uber has become one of the most globally-recognized consumer brands, and it's one that is emerging from the pandemic as a stronger company. A dramatically expanded delivery business and delivery margins, a strong recovery in rideshare bookings, and new growth opportunities in grocery and freight are just a few reasons investors should retain their confidence in Uber. Buy the dip here.</p><p><blockquote>优步已经成为全球最受认可的消费品牌之一，并且是一个从疫情中崛起的更强大的公司。送货业务和送货利润率的大幅增长、拼车预订的强劲复苏以及杂货和货运领域的新增长机会只是投资者对 Uber 保持信心的几个原因。在这里逢低买入。</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>Uber: Buy The Dip, The Bullish Opportunity Has Never Been Clearer<blockquote>Uber：逢低买入，看涨机会从未如此清晰</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\">\nUber: Buy The Dip, The Bullish Opportunity Has Never Been Clearer<blockquote>Uber：逢低买入，看涨机会从未如此清晰</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-08-16 09:59</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>Shares of Uber extended YTD losses after reporting Q2 results, owing to a higher-than-expected adjusted EBITDA loss.</li>  <li>Uber has been raising driver incentives in order to increase available drivers in preparation for the summer's reopening.</li>  <li>Rideshare bookings have dramatically rebounded, positioning Uber well for recovery.</li>  <li>Short-term profitability hits should be ignored, given Uber's long-term market opportunity is still dramatically larger than where it stands today.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/264f12006f44a0183231357537f4d996\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>NYCstock/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>由于调整后 EBITDA 亏损高于预期，Uber 股价在公布第二季度业绩后年初至今亏损扩大。</li><li>优步一直在提高司机激励措施，以增加可用司机，为夏季重新开业做准备。</li><li>拼车预订量大幅反弹，为 Uber 的复苏做好了准备。</li><li>鉴于 Uber 的长期市场机会仍然远远大于目前的水平，短期盈利能力的打击应该被忽视。</li></ul><p class=\"t-img-caption\"><span>NYCstock/iStock 社论来自 Getty Images</span></p></blockquote></p><p> This year, the share price behavior of certain stocks that are thought to be obvious \"reopening plays\" has been a bit bizarre, and in no company other than Uber (UBER) is this more evident. Investors have soured on Uber year-to-date, sending the stock down nearly 20%: in spite of very positive reopening news that has lifted Uber's rideshare bookings. Even better, the company is noting that delivery (UberEats) bookings have held strong, indicating that delivery may have become a more permanent fixture of our daily routines that won't fade post-pandemic.</p><p><blockquote>今年，某些被认为是明显“重开戏”的股票的股价行为有点怪异，除了Uber(Uber)之外，没有哪家公司的股价表现更为明显。今年迄今为止，投资者对 Uber 感到不满，导致其股价下跌近 20%：尽管重新开业的消息非常积极，提高了 Uber 的拼车预订量。更好的是，该公司指出，送货（UberEats）预订一直保持强劲，这表明送货可能已经成为我们日常生活中更永久的一部分，不会在大流行后消失。</blockquote></p><p> Losses in Uber picked up steam after the company reported Q2 results in early August. Bookings and revenue topped expectations, but Uber has been stepping up driver bonuses in order to be the most available rideshare app amid this summer's reopening. That strategy hurt the company's overall profitability this quarter, but in my view, recovering rider trends are a far more important accomplishment. To me, this is a very buyable dip in Uber.</p><p><blockquote>Uber 在 8 月初公布第二季度业绩后，亏损加剧。预订量和收入超出了预期，但 Uber 一直在提高司机奖金，以便在今年夏天重新开放时成为最可用的拼车应用程序。这一策略损害了公司本季度的整体盈利能力，但在我看来，恢复骑手趋势是一项更重要的成就。对我来说，这是 Uber 非常值得购买的下跌。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac082ef941a10c159b2dae46bacb497c\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据由YCharts提供</span></p></blockquote></p><p> <b>The bullish thesis in Uber</b></p><p><blockquote><b>优步的乐观论点</b></blockquote></p><p> Investors often have such a short-term focus: Uber's recent dip was all about the losses it incurred in a single quarter, driven by a temporary factor (a step-up in driver incentives). In my view, patient investors should take this opportunity to review the long-term bullish thesis for Uber:</p><p><blockquote>投资者通常有这样的短期关注点：优步最近的下跌完全是因为它在一个季度内遭受的损失，这是由一个暂时因素（司机激励措施的提高）驱动的。在我看来，有耐心的投资者应该借此机会回顾一下 Uber 的长期看涨论点：</blockquote></p><p> <ul>  <li><b>Huge $13.8 trillion TAM.</b>Mobility and Delivery each carry $5 trillion market opportunities, and nascent Uber Freight is another massive $3.8 trillion market that is heavily underserved and ripe for tech disruption.</li>  <li><b>Formidable marketleadership.</b>In most of the markets that Uber operates in, the company has a leading market share, and usually by a substantial margin. The company has selectively exited markets where it lost share to a local incumbent (Grab in Singapore is a good example), so it can focus on turf where it has the advantage.</li>  <li><b>The sharing economy is gradually taking precedence over ownership.</b>In 2021, a semiconductor shortage has dramatically increased the price of cars, both used and new. Even before this price shock and pre-pandemic, many consumers were already questioning the wisdom of car ownership over rideshare. Owning a car comes with maintenance costs, insurance costs, and in urban areas, often hefty parking costs. Gradually, I expect car ownership to decline and for rideshare to become the preeminent form of transportation.</li>  <li><b>\"Other bets\"are numerous.</b>Uber Freight is the best example of a new initiative to drive growth, but grocery and package delivery are others as well. Uber's focus on anything involving mobility gives it a massive greenfield market to operate in.</li> </ul> Rideshare's cost spike is temporary; look ahead to adjusted EBITDA profitability by Q4</p><p><blockquote><ul><li><b>巨大的13.8万亿美元TAM。</b>移动和送货各带来5万亿美元的市场机会，新生的优步货运是另一个3.8万亿美元的巨大市场，服务严重不足，技术颠覆的时机已经成熟。</li><li><b>强大的市场领导地位。</b>在 Uber 运营的大多数市场中，该公司都拥有领先的市场份额，而且通常还有很大的优势。该公司有选择地退出了市场份额被当地现有企业夺走的市场（新加坡的 Grab 就是一个很好的例子），因此它可以专注于具有优势的领域。</li><li><b>共享经济正逐渐优先于所有制经济。</b>2021年，半导体短缺导致二手车和新车的价格大幅上涨。甚至在这次价格冲击和大流行之前，许多消费者就已经在质疑拥有汽车而不是拼车的明智性。拥有一辆汽车伴随着维护费用、保险费用，在城市地区，通常还要支付高昂的停车费。渐渐地，我预计汽车拥有量会下降，拼车会成为主要的交通方式。</li><li><b>“其他赌注”数不胜数。</b>优步货运是推动增长的新举措的最佳例子，但杂货和包裹递送也是其他例子。优步对任何涉及移动出行的事情的关注为其提供了一个巨大的绿地市场。</li></ul>Rideshare 的成本飙升是暂时的；展望第四季度调整后的 EBITDA 盈利能力</blockquote></p><p> Let's now discuss the biggest issue that plagued sentiment for Uber exiting Q2. The important context to set behind this discussion is that Uber's gross bookings have never been stronger. Gross bookings across both mobility and delivery in July were up 45% versus 2019, having recovered in leaps and bounds from the depths of the pandemic.</p><p><blockquote>现在让我们讨论一下困扰 Uber 退出第二季度情绪的最大问题。这场讨论背后的重要背景是，优步的总预订量从未如此强劲。与2019年相比，7月份移动和送货的总预订量增长了45%，从疫情的深渊中突飞猛进地复苏。</blockquote></p><p> Figure 1. Uber gross bookings trends</p><p><blockquote>图1。Uber 总预订趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/805a3bdea024c0302a037822a637b8f0\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> So it makes sense that Uber wants to invest dramatically to bring drivers back onto the platform and improve availability. Consumers view rideshare as more or less a uniform service: given roughly equivalent prices, a user will likely use the rideshare app that offers the lowest wait times.</p><p><blockquote>因此，优步希望大力投资将司机带回平台并提高可用性是有道理的。消费者将拼车视为或多或少统一的服务：在大致相同的价格下，用户可能会使用提供最短等待时间的拼车应用程序。</blockquote></p><p> As shown in the chart below, the number of drivers on the Uber platform has spiked 50% since February, and over the same time period, wait times have also improved across a number of major urban markets, especially dense urban centers like Miami and Atlanta.</p><p><blockquote>如下图所示，自2月份以来，优步平台上的司机数量激增了50%，同期，许多主要城市市场的等待时间也有所改善，尤其是迈阿密和亚特兰大等人口密集的城市中心。</blockquote></p><p> Figure 2. Uber driver and wait time statistics</p><p><blockquote>图2。Uber 司机和等待时间统计</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/519c7bb069aba3ce11e084fc458a0594\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> This is Uber's opportunity to showcase its size advantage over Lyft(NASDAQ:LYFT). If Uber can consistently show better wait times and availability in these markets than its competitors, customers may eventually stop checking competitor applications and rely exclusively on Uber.</p><p><blockquote>这是 Uber 展示其相对于Lyft（纳斯达克股票代码：LYFT）规模优势的机会。如果优步能够在这些市场持续表现出比竞争对手更好的等待时间和可用性，客户最终可能会停止查看竞争对手的应用程序，并完全依赖优步。</blockquote></p><p> To me, I'm more than happy to sacrifice one or two quarters of adjusted EBITDA profits in order to achieve the right capacity to handle post-reopening rideshare demand. Uber's -$509 million in adjusted EBITDA in Q2 wasn't that bad (it's the best Q2 in two years, in fact, and a slimmer loss even compared to Q2'19 at -$656 million):</p><p><blockquote>对我来说，我非常乐意牺牲一两个季度的调整后 EBITDA 利润，以获得处理重新开放后拼车需求的合适容量。Uber 第二季度调整后 EBITDA 为 -5.09 亿美元，这并没有那么糟糕（事实上，这是两年来最好的第二季度，与 2019 年第二季度的 -6.56 亿美元相比，亏损甚至更小）：</blockquote></p><p> Figure 3. Uber adjusted EBITDA trends</p><p><blockquote>图3。Uber 调整 EBITDA 趋势</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97d00355ad6418c2949cdd78af6836b2\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> The big long-term driver here of course is Delivery's increased economies of scale. The Delivery segment has reached a -$161 million adjusted EBITDA profile, representing a near-breakeven -8.2% adjusted EBITDA margin in Q2: which is substantially improved versus a -$232 million loss (-26.2% margin) in the year-ago Q2.</p><p><blockquote>当然，这里最大的长期驱动力是交付的规模经济增加。交付部门的调整后 EBITDA 已达到 -1.61 亿美元，第二季度的调整后 EBITDA 利润率接近盈亏平衡 -8.2%：与去年同期的 -2.32 亿美元亏损（-26.2% 利润率）相比，有了很大改善。</blockquote></p><p> Uber also notes that its Uber Pass program, a $25/month membership that gives riders a 10-15% discount on rides, no delivery fees, and a 5% discount on restaurant orders, has been picking up steam and now represents about a third of its delivery customers. The increase in frequent ridership driven by this program will also help Uber to scale all of its lines of business. Per CEO Dara Khosrowshahi's prepared remarks on the&nbsp;Q2 earnings call:</p><p><blockquote>优步还指出，其优步通行证计划是一项每月 25 美元的会员资格，为乘客提供 10-15% 的乘车折扣、无送货费和 5% 的餐厅订单折扣，该计划一直在加速发展，目前约占其送货客户的三分之一。该计划带来的频繁乘客数量的增加也将有助于优步扩大其所有业务线。根据首席执行官 Dara Khosrowshahi 在第二季度盈利看涨期权上准备好的讲话：</blockquote></p><p>   Just a year ago we began to roll out Uber Pass in earnest. It now drives 30% of Delivery GBs in the US, and roughly 25% globally. Consumers who regularly engage with both Mobility and Delivery now account for nearly half of our total company Gross Bookings. For these consumers in particular, Pass is a no-brainer, and we see a long runway for increased adoption. We're also seeing the benefits of cross-platform synergies for merchants and other businesses. Uber remains the largest global on-demand delivery platform outside of China, with more than 750,000 monthly active merchants on our platform. And our leadership position continues to grow. We are now the category leader in 8 of our top 10 Delivery markets, with clear number two positions in the US and UK.\"  Uber is expecting adjusted EBITDA losses to slim down to \"$100 million or better\" by Q3, as shown in the chart below:</p><p><blockquote>就在一年前，我们开始认真推出优步通行证。它现在推动了美国30%的GBs交付，全球约25%。经常参与移动和送货服务的消费者现在占我们公司总预订量的近一半。特别是对于这些消费者来说，Pass是显而易见的，我们看到了增加采用率的漫长跑道。我们还看到了跨平台协同效应对商家和其他企业的好处。优步仍然是中国以外最大的全球按需配送平台，我们的平台上每月活跃商户超过75万家。我们的领导地位持续增长。我们现在在十大交付市场中的 8 个市场中处于类别领导者，在美国和英国占据明显的第二名地位。”Uber 预计到第三季度调整后 EBITDA 亏损将缩小至“1 亿美元或更多”，如下图所示：</blockquote></p><p> Figure 4. Uber forward-looking adjusted EBITDA guidance</p><p><blockquote>图4。Uber 前瞻性调整后 EBITDA 指引</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3c1cba8d64af585450ddae1e15ec4f5\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Uber Q2 investor presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Uber 第二季度投资者演示</span></p></blockquote></p><p> The improvement will be driven by both continued synergies/economies of scale on the delivery side, plus a slowdown in driver incentives (the company has already achieved tremendous growth in its driver base, and so the driver stimulus it implemented in Q2 will gradually phase out).</p><p><blockquote>这种改善将受到交付方面持续协同效应/规模经济的推动，加上司机激励措施的放缓（该公司的司机基础已经实现了巨大的增长，因此其在Q2实施的司机激励措施将逐步淘汰）。</blockquote></p><p> Even better, Uber expects to hit consolidated profitability on an adjusted EBITDA basis by Q4, which is what the company originally committed at the start of the year: to reach adjusted EBITDA profitability at a quarterly level at least by the end of 2021.</p><p><blockquote>更好的是，Uber 预计到第四季度将实现调整后 EBITDA 的综合盈利能力，这是该公司最初在年初承诺的：至少到 2021 年底，调整后 EBITDA 盈利能力达到季度水平。</blockquote></p><p> <b>Key takeaways</b></p><p><blockquote><b>主要要点</b></blockquote></p><p> Uber has become one of the most globally-recognized consumer brands, and it's one that is emerging from the pandemic as a stronger company. A dramatically expanded delivery business and delivery margins, a strong recovery in rideshare bookings, and new growth opportunities in grocery and freight are just a few reasons investors should retain their confidence in Uber. Buy the dip here.</p><p><blockquote>优步已经成为全球最受认可的消费品牌之一，并且是一个从疫情中崛起的更强大的公司。送货业务和送货利润率的大幅增长、拼车预订的强劲复苏以及杂货和货运领域的新增长机会只是投资者对 Uber 保持信心的几个原因。在这里逢低买入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4449536-uber-stock-buy-dip-bullish-opportunity\">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":{"UBER":"优步"},"source_url":"https://seekingalpha.com/article/4449536-uber-stock-buy-dip-bullish-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184016266","content_text":"Summary\n\nShares of Uber extended YTD losses after reporting Q2 results, owing to a higher-than-expected adjusted EBITDA loss.\nUber has been raising driver incentives in order to increase available drivers in preparation for the summer's reopening.\nRideshare bookings have dramatically rebounded, positioning Uber well for recovery.\nShort-term profitability hits should be ignored, given Uber's long-term market opportunity is still dramatically larger than where it stands today.\n\nNYCstock/iStock Editorial via Getty Images\nThis year, the share price behavior of certain stocks that are thought to be obvious \"reopening plays\" has been a bit bizarre, and in no company other than Uber (UBER) is this more evident. Investors have soured on Uber year-to-date, sending the stock down nearly 20%: in spite of very positive reopening news that has lifted Uber's rideshare bookings. Even better, the company is noting that delivery (UberEats) bookings have held strong, indicating that delivery may have become a more permanent fixture of our daily routines that won't fade post-pandemic.\nLosses in Uber picked up steam after the company reported Q2 results in early August. Bookings and revenue topped expectations, but Uber has been stepping up driver bonuses in order to be the most available rideshare app amid this summer's reopening. That strategy hurt the company's overall profitability this quarter, but in my view, recovering rider trends are a far more important accomplishment. To me, this is a very buyable dip in Uber.\nData by YCharts\nThe bullish thesis in Uber\nInvestors often have such a short-term focus: Uber's recent dip was all about the losses it incurred in a single quarter, driven by a temporary factor (a step-up in driver incentives). In my view, patient investors should take this opportunity to review the long-term bullish thesis for Uber:\n\nHuge $13.8 trillion TAM.Mobility and Delivery each carry $5 trillion market opportunities, and nascent Uber Freight is another massive $3.8 trillion market that is heavily underserved and ripe for tech disruption.\nFormidable marketleadership.In most of the markets that Uber operates in, the company has a leading market share, and usually by a substantial margin. The company has selectively exited markets where it lost share to a local incumbent (Grab in Singapore is a good example), so it can focus on turf where it has the advantage.\nThe sharing economy is gradually taking precedence over ownership.In 2021, a semiconductor shortage has dramatically increased the price of cars, both used and new. Even before this price shock and pre-pandemic, many consumers were already questioning the wisdom of car ownership over rideshare. Owning a car comes with maintenance costs, insurance costs, and in urban areas, often hefty parking costs. Gradually, I expect car ownership to decline and for rideshare to become the preeminent form of transportation.\n\"Other bets\"are numerous.Uber Freight is the best example of a new initiative to drive growth, but grocery and package delivery are others as well. Uber's focus on anything involving mobility gives it a massive greenfield market to operate in.\n\nRideshare's cost spike is temporary; look ahead to adjusted EBITDA profitability by Q4\nLet's now discuss the biggest issue that plagued sentiment for Uber exiting Q2. The important context to set behind this discussion is that Uber's gross bookings have never been stronger. Gross bookings across both mobility and delivery in July were up 45% versus 2019, having recovered in leaps and bounds from the depths of the pandemic.\nFigure 1. Uber gross bookings trends\nSource: Uber Q2 investor presentation\nSo it makes sense that Uber wants to invest dramatically to bring drivers back onto the platform and improve availability. Consumers view rideshare as more or less a uniform service: given roughly equivalent prices, a user will likely use the rideshare app that offers the lowest wait times.\nAs shown in the chart below, the number of drivers on the Uber platform has spiked 50% since February, and over the same time period, wait times have also improved across a number of major urban markets, especially dense urban centers like Miami and Atlanta.\nFigure 2. Uber driver and wait time statistics\nSource: Uber Q2 investor presentation\nThis is Uber's opportunity to showcase its size advantage over Lyft(NASDAQ:LYFT). If Uber can consistently show better wait times and availability in these markets than its competitors, customers may eventually stop checking competitor applications and rely exclusively on Uber.\nTo me, I'm more than happy to sacrifice one or two quarters of adjusted EBITDA profits in order to achieve the right capacity to handle post-reopening rideshare demand. Uber's -$509 million in adjusted EBITDA in Q2 wasn't that bad (it's the best Q2 in two years, in fact, and a slimmer loss even compared to Q2'19 at -$656 million):\nFigure 3. Uber adjusted EBITDA trends\nSource: Uber Q2 investor presentation\nThe big long-term driver here of course is Delivery's increased economies of scale. The Delivery segment has reached a -$161 million adjusted EBITDA profile, representing a near-breakeven -8.2% adjusted EBITDA margin in Q2: which is substantially improved versus a -$232 million loss (-26.2% margin) in the year-ago Q2.\nUber also notes that its Uber Pass program, a $25/month membership that gives riders a 10-15% discount on rides, no delivery fees, and a 5% discount on restaurant orders, has been picking up steam and now represents about a third of its delivery customers. The increase in frequent ridership driven by this program will also help Uber to scale all of its lines of business. Per CEO Dara Khosrowshahi's prepared remarks on the Q2 earnings call:\n\n Just a year ago we began to roll out Uber Pass in earnest. It now drives 30% of Delivery GBs in the US, and roughly 25% globally. Consumers who regularly engage with both Mobility and Delivery now account for nearly half of our total company Gross Bookings. For these consumers in particular, Pass is a no-brainer, and we see a long runway for increased adoption. We're also seeing the benefits of cross-platform synergies for merchants and other businesses. Uber remains the largest global on-demand delivery platform outside of China, with more than 750,000 monthly active merchants on our platform. And our leadership position continues to grow. We are now the category leader in 8 of our top 10 Delivery markets, with clear number two positions in the US and UK.\"\n\nUber is expecting adjusted EBITDA losses to slim down to \"$100 million or better\" by Q3, as shown in the chart below:\nFigure 4. Uber forward-looking adjusted EBITDA guidance\nSource: Uber Q2 investor presentation\nThe improvement will be driven by both continued synergies/economies of scale on the delivery side, plus a slowdown in driver incentives (the company has already achieved tremendous growth in its driver base, and so the driver stimulus it implemented in Q2 will gradually phase out).\nEven better, Uber expects to hit consolidated profitability on an adjusted EBITDA basis by Q4, which is what the company originally committed at the start of the year: to reach adjusted EBITDA profitability at a quarterly level at least by the end of 2021.\nKey takeaways\nUber has become one of the most globally-recognized consumer brands, and it's one that is emerging from the pandemic as a stronger company. A dramatically expanded delivery business and delivery margins, a strong recovery in rideshare bookings, and new growth opportunities in grocery and freight are just a few reasons investors should retain their confidence in Uber. Buy the dip here.","news_type":1,"symbols_score_info":{"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":882845134,"gmtCreate":1631678333128,"gmtModify":1631887819407,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Like pls thx","listText":"Like pls thx","text":"Like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/882845134","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://www.laohunote.com/m/news/1148341685?lang=zh_CN&edition=full","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes<blockquote>由于对经济复苏和企业增税的担忧，美国股市收盘走低</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p><p><blockquote>纽约（路透社） - 尽管有通胀放缓的迹象，但经济不确定性和企业税率上调的可能性不断增加抑制了投资者情绪，并引发了广泛的抛售，华尔街周二下跌。</blockquote></p><p> Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p><p><blockquote>乐观情绪在整个交易日逐渐消退，扭转了劳工部发布消费者价格指数报告后最初的反弹势头。美国三大股指均以负值收盘，这提醒人们，9 月份是股市历史上最艰难的一个月。</blockquote></p><p> So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p><p><blockquote>本月到目前为止，标普500下跌了近1.8%，尽管基准指数自年初以来已上涨超过18%。</blockquote></p><p> “There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p><p><blockquote>“纽约 CFRA Research 首席投资策略师 Sam Stovall 说：”市场有可能只是准备好经历一场迟来的调整。“从季节性来看，9月份往往是基金经理的窗口期。”</blockquote></p><p> The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p><p><blockquote>高度传染性的Delta COVID变种的出现推动了对全球健康危机复苏的看跌情绪的增加，许多人现在预计股市将在今年年底前大幅调整。</blockquote></p><p> “We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p><p><blockquote>“芝加哥 Kingsview Asset Management 的投资组合经理保罗-诺尔特（Paul Nolte）说：”我们仍处于人们几个月来一直呼吁的纠正模式。“经济数据点一直低于预期，而这恰逢德尔塔变异毒株的上升”。</blockquote></p><p> The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p><p><blockquote>CPI报告公布的8月份数据低于共识，这一放缓支持了美联储主席杰罗姆-鲍威尔（Jerome Powell）的断言，即通胀飙升是暂时的，并平息了市场对央行将比预期更早开始收紧货币政策的担忧。</blockquote></p><p> U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p><p><blockquote>数据显示，美国国债收益率下降，给金融股带来压力，投资者的青睐以牺牲价值为代价重新转向增长。[美国/]</blockquote></p><p> The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p><p><blockquote>随着美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案逐渐接近通过，人们期待已久的企业税上调幅度将从 21% 提高到 26.5%。</blockquote></p><p> The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p><p><blockquote>道琼斯工业平均指数下跌292.06点，跌幅0.84%，报34,577.57点；标普500下跌25.68点，跌幅0.57%，报4,443.05点；纳斯达克综合指数下跌 67.82 点，跌幅 0.45%，至 15,037.76 点。</blockquote></p><p> All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p><p><blockquote>标普500 11个主要板块全部收红，其中能源和金融板块跌幅最大。</blockquote></p><p> Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p><p><blockquote>苹果公司在今年最大的产品发布会上推出了 iPhone 13，并为其 iPad 和苹果手表设备添加了新功能，因为该公司面临着法院对其商业行为日益严格的审查。其股价收盘下跌 1.0%，是标普500和纳斯达克最大的拖累。</blockquote></p><p> Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p><p><blockquote>Intuit Inc 上涨了 1.9%，此前这家涡轮税制造商宣布将以 120 亿美元收购数字营销公司 Mailchimp。</blockquote></p><p> CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p><p><blockquote>德国生物技术公司 CureVac 取消其实验性 COVID-19 疫苗的生产交易后，股价下跌 8.0%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 2.25 比 1；在纳斯达克，2.40 比 1 的比率有利于下跌者。</blockquote></p><p> The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p><p><blockquote>标普500创下两个52周新高和两个新低；纳斯达克综合指数创下50个新高和107个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 100.7 亿股，而过去 20 个交易日的平均成交量为 93.8 亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes<blockquote>由于对经济复苏和企业增税的担忧，美国股市收盘走低</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-15 07:08</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p><p><blockquote>纽约（路透社） - 尽管有通胀放缓的迹象，但经济不确定性和企业税率上调的可能性不断增加抑制了投资者情绪，并引发了广泛的抛售，华尔街周二下跌。</blockquote></p><p> Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p><p><blockquote>乐观情绪在整个交易日逐渐消退，扭转了劳工部发布消费者价格指数报告后最初的反弹势头。美国三大股指均以负值收盘，这提醒人们，9 月份是股市历史上最艰难的一个月。</blockquote></p><p> So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p><p><blockquote>本月到目前为止，标普500下跌了近1.8%，尽管基准指数自年初以来已上涨超过18%。</blockquote></p><p> “There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p><p><blockquote>“纽约 CFRA Research 首席投资策略师 Sam Stovall 说：”市场有可能只是准备好经历一场迟来的调整。“从季节性来看，9月份往往是基金经理的窗口期。”</blockquote></p><p> The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p><p><blockquote>高度传染性的Delta COVID变种的出现推动了对全球健康危机复苏的看跌情绪的增加，许多人现在预计股市将在今年年底前大幅调整。</blockquote></p><p> “We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p><p><blockquote>“芝加哥 Kingsview Asset Management 的投资组合经理保罗-诺尔特（Paul Nolte）说：”我们仍处于人们几个月来一直呼吁的纠正模式。“经济数据点一直低于预期，而这恰逢德尔塔变异毒株的上升”。</blockquote></p><p> The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p><p><blockquote>CPI报告公布的8月份数据低于共识，这一放缓支持了美联储主席杰罗姆-鲍威尔（Jerome Powell）的断言，即通胀飙升是暂时的，并平息了市场对央行将比预期更早开始收紧货币政策的担忧。</blockquote></p><p> U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p><p><blockquote>数据显示，美国国债收益率下降，给金融股带来压力，投资者的青睐以牺牲价值为代价重新转向增长。[美国/]</blockquote></p><p> The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p><p><blockquote>随着美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案逐渐接近通过，人们期待已久的企业税上调幅度将从 21% 提高到 26.5%。</blockquote></p><p> The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p><p><blockquote>道琼斯工业平均指数下跌292.06点，跌幅0.84%，报34,577.57点；标普500下跌25.68点，跌幅0.57%，报4,443.05点；纳斯达克综合指数下跌 67.82 点，跌幅 0.45%，至 15,037.76 点。</blockquote></p><p> All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p><p><blockquote>标普500 11个主要板块全部收红，其中能源和金融板块跌幅最大。</blockquote></p><p> Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p><p><blockquote>苹果公司在今年最大的产品发布会上推出了 iPhone 13，并为其 iPad 和苹果手表设备添加了新功能，因为该公司面临着法院对其商业行为日益严格的审查。其股价收盘下跌 1.0%，是标普500和纳斯达克最大的拖累。</blockquote></p><p> Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p><p><blockquote>Intuit Inc 上涨了 1.9%，此前这家涡轮税制造商宣布将以 120 亿美元收购数字营销公司 Mailchimp。</blockquote></p><p> CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p><p><blockquote>德国生物技术公司 CureVac 取消其实验性 COVID-19 疫苗的生产交易后，股价下跌 8.0%。</blockquote></p><p> Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所下跌发行量与上涨发行量的比例为 2.25 比 1；在纳斯达克，2.40 比 1 的比率有利于下跌者。</blockquote></p><p> The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p><p><blockquote>标普500创下两个52周新高和两个新低；纳斯达克综合指数创下50个新高和107个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 100.7 亿股，而过去 20 个交易日的平均成交量为 93.8 亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814504298,"gmtCreate":1630837107614,"gmtModify":1631887819505,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/814504298","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://www.laohunote.com/m/news/1157895022?lang=zh_CN&edition=full","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<p>  <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>  Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p><p><blockquote><b>万斯-霍华德（Vance Howard）的 HCM 战术增长基金（Tactical Growwth Fund）会让你在谨慎的情况下进出股市。到目前为止，他的计算机科学家团队的策略已经取得了成效。</b>想象一下，当你坐下来享受生活时，你有一台赚钱机器在股市上收获收益。</blockquote></p><p> That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p><p><blockquote>这是每个人的梦想，对吧？投资者万斯-霍华德认为他找到了答案。</blockquote></p><p> Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p><p><blockquote>佐治亚州罗斯威尔的霍华德资本管理公司的霍华德和他的一小群计算机程序员。，有一个量化系统，发布巨大的回报。</blockquote></p><p> His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p><p><blockquote>根据晨星公司的数据，他的 HCM 战术增长基金 HCMGX,+0.35% 在过去五年中以年化计算比其罗素 1000 基准指数和大型混合基金类别高出 8.5-10.4 个百分点。这不是一个小壮举，不仅仅是因为它必须克服2.22%的费用。战胜市场根本不容易。他的 HCM 股息板块 PlusHCMQX,-0.05%) 和 HCM 收入 PlusHCMLX,+0.30% 基金表现类似。</blockquote></p><p> There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p><p><blockquote>有缺点，我在下面详细介绍。（其中：潜在的长期表现不佳和定期税单。）但首先，我们能从这位赢家身上学到什么？</blockquote></p><p> So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p><p><blockquote>所谓的量化者从不分享他们专有系统的所有细节，但霍华德分享了很多细节，你会看到的。这位德克萨斯州牧场主有很多基于 “马感 ”的好建议--考虑到他对市场有着极具感染力的热情，以及他三十年的职业牧场主经验，这并不奇怪。</blockquote></p><p> Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p><p><blockquote>以下是最近对他的采访中的五个教训、12 只交易所交易基金 (ETF) 和 4 只值得考虑的股票。</blockquote></p><p> <b>Lesson #1: Don’t be emotional</b></p><p><blockquote><b>第一课：不要情绪化</b></blockquote></p><p> It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p><p><blockquote>难怪这么多人在市场上表现不佳。进化注定了我们会失败。为了生存，我们学会了逃避让我们害怕的事情。渴望更多令人愉快的东西——比如甜食或脂肪，以在可能很长一段时间没有食物之前储存卡路里。但在市场上，出于恐惧和贪婪的情绪行事总是会让我们在错误的时间做错误的事情。底部卖出，顶部买入。</blockquote></p><p> Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p><p><blockquote>同样，我们也相信与人群在一起会带来安全。如果你是稀树草原上的斑马，那么如果你单独行动，就更有可能被捕食者叼走。这里的问题是成为人群的一部分——以及人群心理——把我们愚蠢到纯粹的情感层面。这就是为什么人群中的人们会做他们自己永远不会做的可怕事情。你有多聪明并不重要。当你加入人群时，你会失去很多智商点。基本情绪占据主导地位。</blockquote></p><p> To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p><p><blockquote>要想在市场上做好，你必须抵消这些趋势。“霍华德说：”个人投资者和基金经理犯的最大错误之一就是情绪化。“放下你的情绪。”</blockquote></p><p> <b>Lesson #2: Have a system and stick to it</b></p><p><blockquote><b>第二课：建立一个系统并坚持下去</b></blockquote></p><p> To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p><p><blockquote>要驱除情绪，要有一个系统。“霍华德说：”不要事后猜测。“这让你不会让大流行病或阿富汗把你吓出市场”。他评级了他的系统HCM-BuyLine。它基本上是一个动量和趋势跟踪系统——在市场上通常效果很好。</blockquote></p><p> The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p><p><blockquote>HCM-BuyLine基本上是这样工作的。首先，霍华德没有使用标准普尔 500SPX（-0.03%）或道琼斯工业平均指数（-0.21%），而是混合了几个股票指数来创建自己的指数。然后他使用移动平均线来告诉他市场是处于上升趋势还是下降趋势。</blockquote></p><p> When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p><p><blockquote>当移动平均线下跌3.5%时，他卖出35%。如果下跌 6.5%，他就再卖出 35%。他很少使用100%的现金。</blockquote></p><p> “If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p><p><blockquote>“他说：”如果买盘是积极的，无论如何我们都会长期持有。“我们让数学来决定，就能把所有的情绪都排除在外”。</blockquote></p><p> Right now, it’s bullish. (More on this below.)</p><p><blockquote>目前，情况看涨。（更多内容见下文。）</blockquote></p><p> Your system also has to tell you when to get back in.</p><p><blockquote>你的系统也必须告诉你什么时候回来。</blockquote></p><p> “That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p><p><blockquote>“他说：”这就是大多数人搞砸的地方。“他们退出了市场，却不知道什么时候才能重新进来”。当他的自定义指数连续六个交易日交易高于其移动平均线时，HCM-BuyLine 会发出买入信号，然后继续交易高于这六天的高点。</blockquote></p><p> You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p><p><blockquote>你不需要一个能准确预测评级市场顶部或底部的系统。相反，买入线让霍华德在 85% 的时间里远离下跌市场，在 85% 的好时机里则保持下跌。</blockquote></p><p> “If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p><p><blockquote>“他说：”如果我们能坚持不懈地做到这一点，我们就能获得更高的回报，生活压力也会更小。“在糟糕的录音带中全神贯注并不好玩”。</blockquote></p><p> His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p><p><blockquote>他的系统让他退出市场很慢，但让他回来很快。即使是10%的修正也不一定会让他离开。他经常买入这些回调。快速回归是有意义的，因为底部的复苏往往会很快发生。</blockquote></p><p> “The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p><p><blockquote>“霍华德说：”HCM-BuyLine 消除了整个过程中的所有情绪。</blockquote></p><p> <b>Lesson #3: Don’t fight the tape</b></p><p><blockquote><b>第三课：不要与磁带对抗</b></blockquote></p><p> This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p><p><blockquote>这一概念是马蒂-茨威格（Marty Zweig）经典著作《华尔街的胜利》（Winning on Wall Street）的核心智慧之一。</blockquote></p><p></p><p> “You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p><p><blockquote>“霍华德同意道：”你必须站在市场的正确一边。“如果你试图在糟糕的市场中进行多头交易，那将是痛苦的。”</blockquote></p><p> In other words, don’t try to be a hero.</p><p><blockquote>换句话说，不要试图成为英雄。</blockquote></p><p> “Sometimes, not losing money is where you want to be,” he says.</p><p><blockquote>“他说：”有时候，不赔钱才是你想要的。</blockquote></p><p> Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p><p><blockquote>同样，不要因为市场创下新高--比如现在--就变得谨慎。你应该喜欢新高，因为这是市场力量可能会持续的迹象。</blockquote></p><p> <b>Lesson #4: Keep it simple</b></p><p><blockquote><b>第4课：保持简单</b></blockquote></p><p> As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p><p><blockquote>正如您将在下面看到的，霍华德并不使用衍生品、掉期或指数期权等深奥的工具。他甚至不交易外国股票或货币。这对个人投资者来说是令人耳目一新的，因为我们更难获得这些工具。</blockquote></p><p> “You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p><p><blockquote>“他说：”你不必交易疯狂的东西。“你可以交易普通的 ETF，击败所有人”。</blockquote></p><p> <b>Lesson #5: How to trade the current market</b></p><p><blockquote><b>第5课：如何交易当前市场</b></blockquote></p><p> First, be long.</p><p><blockquote>首先，做多。</blockquote></p><p> “The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p><p><blockquote>“HCM-BuyLine 非常积极。我们百分之百同意，”霍华德说。“市场正在扩大。这变得非常令人兴奋。我们认为市场不会很快好转。我们正在买入回调。”</blockquote></p><p> One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p><p><blockquote>一个看涨信号是所有的现金都在观望。“如果科维德有任何缓解，我们可能会看到一场大反弹。我们最终可能会迎来一个伟大的秋季[赛季]。”</blockquote></p><p> Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p><p><blockquote>霍华德还使用动量指标来选择股票和 ETF。对于行业，他倾向于以下几种。</blockquote></p><p> He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p><p><blockquote>他喜欢医疗保健，可通过 iShares US HealthcareIYH,-0.04% 和 ProShares Ultra Health CareRXL,+0.12% ETF 进行交易。他越来越看好生物技术，他通过 iShares Biotechnology ETFIBB 投资生物技术，-0.11%。</blockquote></p><p> He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p><p><blockquote>他喜欢通过 iShares US Consumer ServicesIYC 交易的非必需消费品， -0.30%， 以及通过 US Global JetsJETS 交易的航空公司， -1.17%.他还喜欢通过 Invesco QQQ TrustQQQ,+0.31%、iShares US TechnologyYYW,+0.50% 和 iShares SemiconductorSOXX,+0.75% 进行科技投资。</blockquote></p><p> He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p><p><blockquote>他通过 Vanguard Small-Cap Growth Index FundVBK,+0.07% 看好小盘股。以及通过 SPDR Bloomberg Barclays Convertible Securities CWB,+0.64% 和 iShares Convertible BondICVT,+0.37% 看好可转换债券。</blockquote></p><p> As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p><p><blockquote>至于个股，他特别提到了科技股中的微软MSFT（-0.00%）和苹果APL（+0.42%），以及亚马逊.comAMZN（+0.43%）和特斯拉TSLA（+0.16%）。</blockquote></p><p> Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p><p><blockquote>还可以考虑霍华德的两只 ETF： HCM Defender 100 IndexQQH,+0.62%，HCM Defender 500 IndexLGH,+1.32%。</blockquote></p><p> He prefers to add to holdings on 1%-3% dips.</p><p><blockquote>他更喜欢在下跌 1%-3% 时增持。</blockquote></p><p> <b>A few drawbacks</b></p><p><blockquote><b>一些缺点</b></blockquote></p><p> His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p><p><blockquote>他的 HCM 战术增长基金自 2015 年推出以来，曾连续两年表现不佳，表现在 1.5% 至 8.8% 之间。随后，该基金强势回归，实现了上述非常积极的五年业绩。投资他的系统可能需要耐心。</blockquote></p><p> Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p><p><blockquote>霍华德说，包括沃伦·巴菲特在内的每个经理都可能经历一段时间的表现不佳。</blockquote></p><p> “We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p><p><blockquote>“他说：”我们正处于胜算之中。“即使在赔率游戏中，你也可能有一两手烂牌。”</blockquote></p><p> Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p><p><blockquote>另一个挑战是高流动率，战术增长每年为140%。这意味着山姆大叔在好年景里得到了很大的削减。因此，如果您购买霍华德的基金，您可能需要在税收保护账户中购买。</blockquote></p><p></p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-05 10:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>  Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p><p><blockquote><b>万斯-霍华德（Vance Howard）的 HCM 战术增长基金（Tactical Growwth Fund）会让你在谨慎的情况下进出股市。到目前为止，他的计算机科学家团队的策略已经取得了成效。</b>想象一下，当你坐下来享受生活时，你有一台赚钱机器在股市上收获收益。</blockquote></p><p> That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p><p><blockquote>这是每个人的梦想，对吧？投资者万斯-霍华德认为他找到了答案。</blockquote></p><p> Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p><p><blockquote>佐治亚州罗斯威尔的霍华德资本管理公司的霍华德和他的一小群计算机程序员。，有一个量化系统，发布巨大的回报。</blockquote></p><p> His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p><p><blockquote>根据晨星公司的数据，他的 HCM 战术增长基金 HCMGX,+0.35% 在过去五年中以年化计算比其罗素 1000 基准指数和大型混合基金类别高出 8.5-10.4 个百分点。这不是一个小壮举，不仅仅是因为它必须克服2.22%的费用。战胜市场根本不容易。他的 HCM 股息板块 PlusHCMQX,-0.05%) 和 HCM 收入 PlusHCMLX,+0.30% 基金表现类似。</blockquote></p><p> There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p><p><blockquote>有缺点，我在下面详细介绍。（其中：潜在的长期表现不佳和定期税单。）但首先，我们能从这位赢家身上学到什么？</blockquote></p><p> So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p><p><blockquote>所谓的量化者从不分享他们专有系统的所有细节，但霍华德分享了很多细节，你会看到的。这位德克萨斯州牧场主有很多基于 “马感 ”的好建议--考虑到他对市场有着极具感染力的热情，以及他三十年的职业牧场主经验，这并不奇怪。</blockquote></p><p> Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p><p><blockquote>以下是最近对他的采访中的五个教训、12 只交易所交易基金 (ETF) 和 4 只值得考虑的股票。</blockquote></p><p> <b>Lesson #1: Don’t be emotional</b></p><p><blockquote><b>第一课：不要情绪化</b></blockquote></p><p> It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p><p><blockquote>难怪这么多人在市场上表现不佳。进化注定了我们会失败。为了生存，我们学会了逃避让我们害怕的事情。渴望更多令人愉快的东西——比如甜食或脂肪，以在可能很长一段时间没有食物之前储存卡路里。但在市场上，出于恐惧和贪婪的情绪行事总是会让我们在错误的时间做错误的事情。底部卖出，顶部买入。</blockquote></p><p> Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p><p><blockquote>同样，我们也相信与人群在一起会带来安全。如果你是稀树草原上的斑马，那么如果你单独行动，就更有可能被捕食者叼走。这里的问题是成为人群的一部分——以及人群心理——把我们愚蠢到纯粹的情感层面。这就是为什么人群中的人们会做他们自己永远不会做的可怕事情。你有多聪明并不重要。当你加入人群时，你会失去很多智商点。基本情绪占据主导地位。</blockquote></p><p> To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p><p><blockquote>要想在市场上做好，你必须抵消这些趋势。“霍华德说：”个人投资者和基金经理犯的最大错误之一就是情绪化。“放下你的情绪。”</blockquote></p><p> <b>Lesson #2: Have a system and stick to it</b></p><p><blockquote><b>第二课：建立一个系统并坚持下去</b></blockquote></p><p> To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p><p><blockquote>要驱除情绪，要有一个系统。“霍华德说：”不要事后猜测。“这让你不会让大流行病或阿富汗把你吓出市场”。他评级了他的系统HCM-BuyLine。它基本上是一个动量和趋势跟踪系统——在市场上通常效果很好。</blockquote></p><p> The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p><p><blockquote>HCM-BuyLine基本上是这样工作的。首先，霍华德没有使用标准普尔 500SPX（-0.03%）或道琼斯工业平均指数（-0.21%），而是混合了几个股票指数来创建自己的指数。然后他使用移动平均线来告诉他市场是处于上升趋势还是下降趋势。</blockquote></p><p> When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p><p><blockquote>当移动平均线下跌3.5%时，他卖出35%。如果下跌 6.5%，他就再卖出 35%。他很少使用100%的现金。</blockquote></p><p> “If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p><p><blockquote>“他说：”如果买盘是积极的，无论如何我们都会长期持有。“我们让数学来决定，就能把所有的情绪都排除在外”。</blockquote></p><p> Right now, it’s bullish. (More on this below.)</p><p><blockquote>目前，情况看涨。（更多内容见下文。）</blockquote></p><p> Your system also has to tell you when to get back in.</p><p><blockquote>你的系统也必须告诉你什么时候回来。</blockquote></p><p> “That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p><p><blockquote>“他说：”这就是大多数人搞砸的地方。“他们退出了市场，却不知道什么时候才能重新进来”。当他的自定义指数连续六个交易日交易高于其移动平均线时，HCM-BuyLine 会发出买入信号，然后继续交易高于这六天的高点。</blockquote></p><p> You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p><p><blockquote>你不需要一个能准确预测评级市场顶部或底部的系统。相反，买入线让霍华德在 85% 的时间里远离下跌市场，在 85% 的好时机里则保持下跌。</blockquote></p><p> “If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p><p><blockquote>“他说：”如果我们能坚持不懈地做到这一点，我们就能获得更高的回报，生活压力也会更小。“在糟糕的录音带中全神贯注并不好玩”。</blockquote></p><p> His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p><p><blockquote>他的系统让他退出市场很慢，但让他回来很快。即使是10%的修正也不一定会让他离开。他经常买入这些回调。快速回归是有意义的，因为底部的复苏往往会很快发生。</blockquote></p><p> “The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p><p><blockquote>“霍华德说：”HCM-BuyLine 消除了整个过程中的所有情绪。</blockquote></p><p> <b>Lesson #3: Don’t fight the tape</b></p><p><blockquote><b>第三课：不要与磁带对抗</b></blockquote></p><p> This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p><p><blockquote>这一概念是马蒂-茨威格（Marty Zweig）经典著作《华尔街的胜利》（Winning on Wall Street）的核心智慧之一。</blockquote></p><p></p><p> “You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p><p><blockquote>“霍华德同意道：”你必须站在市场的正确一边。“如果你试图在糟糕的市场中进行多头交易，那将是痛苦的。”</blockquote></p><p> In other words, don’t try to be a hero.</p><p><blockquote>换句话说，不要试图成为英雄。</blockquote></p><p> “Sometimes, not losing money is where you want to be,” he says.</p><p><blockquote>“他说：”有时候，不赔钱才是你想要的。</blockquote></p><p> Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p><p><blockquote>同样，不要因为市场创下新高--比如现在--就变得谨慎。你应该喜欢新高，因为这是市场力量可能会持续的迹象。</blockquote></p><p> <b>Lesson #4: Keep it simple</b></p><p><blockquote><b>第4课：保持简单</b></blockquote></p><p> As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p><p><blockquote>正如您将在下面看到的，霍华德并不使用衍生品、掉期或指数期权等深奥的工具。他甚至不交易外国股票或货币。这对个人投资者来说是令人耳目一新的，因为我们更难获得这些工具。</blockquote></p><p> “You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p><p><blockquote>“他说：”你不必交易疯狂的东西。“你可以交易普通的 ETF，击败所有人”。</blockquote></p><p> <b>Lesson #5: How to trade the current market</b></p><p><blockquote><b>第5课：如何交易当前市场</b></blockquote></p><p> First, be long.</p><p><blockquote>首先，做多。</blockquote></p><p> “The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p><p><blockquote>“HCM-BuyLine 非常积极。我们百分之百同意，”霍华德说。“市场正在扩大。这变得非常令人兴奋。我们认为市场不会很快好转。我们正在买入回调。”</blockquote></p><p> One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p><p><blockquote>一个看涨信号是所有的现金都在观望。“如果科维德有任何缓解，我们可能会看到一场大反弹。我们最终可能会迎来一个伟大的秋季[赛季]。”</blockquote></p><p> Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p><p><blockquote>霍华德还使用动量指标来选择股票和 ETF。对于行业，他倾向于以下几种。</blockquote></p><p> He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p><p><blockquote>他喜欢医疗保健，可通过 iShares US HealthcareIYH,-0.04% 和 ProShares Ultra Health CareRXL,+0.12% ETF 进行交易。他越来越看好生物技术，他通过 iShares Biotechnology ETFIBB 投资生物技术，-0.11%。</blockquote></p><p> He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p><p><blockquote>他喜欢通过 iShares US Consumer ServicesIYC 交易的非必需消费品， -0.30%， 以及通过 US Global JetsJETS 交易的航空公司， -1.17%.他还喜欢通过 Invesco QQQ TrustQQQ,+0.31%、iShares US TechnologyYYW,+0.50% 和 iShares SemiconductorSOXX,+0.75% 进行科技投资。</blockquote></p><p> He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p><p><blockquote>他通过 Vanguard Small-Cap Growth Index FundVBK,+0.07% 看好小盘股。以及通过 SPDR Bloomberg Barclays Convertible Securities CWB,+0.64% 和 iShares Convertible BondICVT,+0.37% 看好可转换债券。</blockquote></p><p> As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p><p><blockquote>至于个股，他特别提到了科技股中的微软MSFT（-0.00%）和苹果APL（+0.42%），以及亚马逊.comAMZN（+0.43%）和特斯拉TSLA（+0.16%）。</blockquote></p><p> Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p><p><blockquote>还可以考虑霍华德的两只 ETF： HCM Defender 100 IndexQQH,+0.62%，HCM Defender 500 IndexLGH,+1.32%。</blockquote></p><p> He prefers to add to holdings on 1%-3% dips.</p><p><blockquote>他更喜欢在下跌 1%-3% 时增持。</blockquote></p><p> <b>A few drawbacks</b></p><p><blockquote><b>一些缺点</b></blockquote></p><p> His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p><p><blockquote>他的 HCM 战术增长基金自 2015 年推出以来，曾连续两年表现不佳，表现在 1.5% 至 8.8% 之间。随后，该基金强势回归，实现了上述非常积极的五年业绩。投资他的系统可能需要耐心。</blockquote></p><p> Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p><p><blockquote>霍华德说，包括沃伦·巴菲特在内的每个经理都可能经历一段时间的表现不佳。</blockquote></p><p> “We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p><p><blockquote>“他说：”我们正处于胜算之中。“即使在赔率游戏中，你也可能有一两手烂牌。”</blockquote></p><p> Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p><p><blockquote>另一个挑战是高流动率，战术增长每年为140%。这意味着山姆大叔在好年景里得到了很大的削减。因此，如果您购买霍华德的基金，您可能需要在税收保护账户中购买。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">MarketWatch</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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":825371580,"gmtCreate":1634205916872,"gmtModify":1634205917201,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"[得意]&nbsp;","listText":"[得意]&nbsp;","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/825371580","repostId":"1184483169","repostType":4,"repost":{"id":"1184483169","kind":"news","pubTimestamp":1634205641,"share":"https://www.laohunote.com/m/news/1184483169?lang=zh_CN&edition=full","pubTime":"2021-10-14 18:00","market":"us","language":"en","title":"4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184483169","media":"Motley Fool","summary":"Crashes and corrections are the perfect opportunity to buy great companies at a discount.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Double-digit percentage declines in the broader market are more common than investors realize.</li>  <li>There are no shortage of catalysts that could cause a stock market crash or correction.</li>  <li>Buying this quartet of unstoppable companies during a broad-market decline would be a wise move.</li> </ul> </p><p><blockquote><ul><li>大盘两位数的百分比下跌比投资者意识到的要普遍得多。</li><li>不乏可能导致股市崩盘或调整的催化剂。</li><li>在大盘下跌期间收购这四家势不可挡的公司将是明智之举。</li></ul></blockquote></p><p> Some investors might not be thrilled with what I'm about to say, but it's simply a matter of allowing historical data do the talking: A stock market crash or correction may be brewing.</p><p><blockquote>一些投资者可能不会对我接下来要说的话感到兴奋，但这只是一个让历史数据说话的问题：股市崩盘或调整可能正在酝酿。</blockquote></p><p> Recently, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;underwent its first correction of at least 5% in 10 months. While nothing is guaranteed on Wall Street, a number of signs appear to be pointing to the growing likelihood of downside for the broader market.</p><p><blockquote>最近，基准<b>标普500</b>10个月来首次回调至少5%。尽管华尔街没有任何保证，但许多迹象似乎表明，大盘下行的可能性越来越大。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abf177a2ce4f54e7ed16e4189edb28a7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>There are a laundry list of catalysts that could send the market lower</b></p><p><blockquote><b>有一系列催化剂可能会导致市场下跌</b></blockquote></p><p> For instance, since the beginning of 1950, there have been 38 double-digit percentage declines in the S&amp;P 500. That equates to one drop of at least 10%, on average, every 1.87 years. We're now more than 1.5 years removed from the chaotic bear market decline that bottomed out during the initial stages of the coronavirus pandemic.</p><p><blockquote>例如，自1950年初以来，标普500有38次两位数的百分比下降。这相当于平均每 1.87 年至少下降 10%。我们现在距离冠状病毒大流行初期触底的混乱熊市下跌已经过去了 1.5 年多。</blockquote></p><p> To build on this point, the broader market&nbsp;has responded very similarly&nbsp;following crashes or corrections for the past 60 years. Following each of the previous eight bear markets, excluding the coronavirus crash, there were either one or two declines of 10% in the S&amp;P 500 within three years. What this tells us is that rebounding from a bear market is a process and pretty much never the straight line higher that investors have reveled in for more than 18 months.</p><p><blockquote>基于这一点，过去 60 年来，大盘在崩盘或调整后的反应非常相似。在之前的八次熊市之后，不包括冠状病毒崩盘，标普500在三年内都出现了一两次10%的下跌。这告诉我们，从熊市中反弹是一个过程，而且几乎永远不会出现投资者 18 个多月以来一直享受的直线上涨。</blockquote></p><p> Macroeconomic factors and fundamental metrics pose warnings, too. Rapidly rising crude oil and natural-gas prices threaten pocketbooks and could quickly throttle down economic growth following the pandemic-induced recession.</p><p><blockquote>宏观经济因素和基本面指标也发出警告。原油和天然气价格的快速上涨威胁着钱包，并可能在疫情引发的衰退后迅速抑制经济增长。</blockquote></p><p> There's also margin debt, which&nbsp;has climbed at a precipitous pace in 2021. Data from market-analytics company Yardeni Research shows that there have only been three instances since the beginning of 1995 where margin debt rose 60% or more in a single year. The previous two occurred just months before the dot-com bubble burst and the financial crisis began.</p><p><blockquote>还有保证金债务，该债务在 2021 年急剧攀升。市场分析公司Yardeni Research的数据显示，自1995年初以来，只有三次保证金债务在一年内上涨60%或以上。前两次发生在互联网泡沫破裂和金融危机爆发前几个月。</blockquote></p><p> Even valuations are a concern. The S&amp;P 500's Shiller price-to-earnings (P/E) ratio sits at 37.7, which is well over double its 151-year average of 16.9. Perhaps more worrisome, the S&amp;P 500's Shiller P/E has only crossed above and held 30 on five occasions in 151 years. The previous four instances saw minimum declines of at least 20% after the Shiller P/E ratio peaked.</p><p><blockquote>甚至估值也令人担忧。标准普尔 500 指数的席勒市盈率 (P/E) 为 37.7，是 151 年平均水平 16.9 的两倍多。也许更令人担忧的是，标准普尔 500 指数的席勒市盈率在 151 年中仅五次突破过该水平并保持在 30 点。在席勒市盈率见顶后，前四个例子的最小跌幅至少为20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5907a4556df957bb90a0b8342cf7d9b9\" tg-width=\"2000\" tg-height=\"1390\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Crashes and corrections are an opportunity to buy great stocks at a discount</p><p><blockquote>崩盘和调整是以折扣价购买优质股票的机会</blockquote></p><p> But there's another side to this story. Even though stock market corrections occur often, they've always eventually been erased by a bull-market rally. Buying great companies at a discount during a crash or correction and holding those stakes for long periods of time is a recipe to build wealth over time.</p><p><blockquote>但这个故事还有另一面。尽管股市调整经常发生，但它们最终总是会被牛市反弹抹去。在崩盘或调整期间以折扣价购买伟大的公司并长期持有这些股份是随着时间的推移积累财富的秘诀。</blockquote></p><p> If a stock market crash or double-digit percentage correction does materialize from this recent uptick in volatility, the following four unstoppable stocks would make for perfect buys.</p><p><blockquote>如果最近波动性的上升确实导致股市崩盘或两位数百分比调整，那么以下四只势不可挡的股票将是完美的买入选择。</blockquote></p><p> <b>Berkshire Hathaway</b></p><p><blockquote><b>伯克希尔哈撒韦公司</b></blockquote></p><p> One of the safest ways to build wealth over the long run is to follow in the footsteps of billionaire investor Warren Buffett. The easiest way to do that is to buy shares of&nbsp;<b>Berkshire Hathaway</b>(NYSE:BRK.A)(NYSE:BRK.B), the conglomerate run by Buffett that's averaged ajaw-dropping annual return of 20%since the beginning of 1965 (an aggregate return of close to 3,300,000%).</p><p><blockquote>从长远来看，积累财富最安全的方法之一是追随亿万富翁投资者沃伦·巴菲特的脚步。最简单的方法是购买<b>伯克希尔哈撒韦公司</b>（纽约证券交易所代码：BRK.A）（纽约证券交易所代码：BRK.B）是巴菲特经营的企业集团，自 1965 年初以来，平均年回报率为 20%（总回报率接近 3,300,000%）。</blockquote></p><p> Berkshire Hathaway's portfolio is successful for two key reasons. First,it's highly cyclical, with about 85% of the company's invested assets tied up in tech stocks, financial stocks, and consumer staples. Though the Oracle of Omaha is fully aware that recessions are an inevitable part of the economic cycle, he also understands that economic downturns don't last very long. He's positioned Berkshire's investment portfolio to take advantage of multiyear periods of expansion.</p><p><blockquote>伯克希尔哈撒韦公司的投资组合之所以成功，主要有两个原因。首先，它具有很强的周期性，该公司约 85% 的投资资产与科技股、金融股和必需消费品有关。尽管奥马哈先知完全意识到衰退是经济周期不可避免的一部分，但他也明白经济衰退不会持续很长时间。他将伯克希尔的投资组合定位为利用多年的扩张期。</blockquote></p><p></p><p> The other catalyst working in the company's favor is its&nbsp;dividend income. Over the next 12 months, Berkshire Hathaway should collect more than $5 billion in common and preferred dividends, which equates to about a 5% yield, relative to the company's cost basis on its investments. Warren Buffett has demonstrated how easy it is to build wealth on Wall Street by purchasing businesses with clear-cut competitive advantages and not selling.</p><p><blockquote>对该公司有利的另一个催化剂是其股息收入。在未来 12 个月内，伯克希尔哈撒韦公司应收取超过 50 亿美元的普通股和优先股息，相对于该公司的投资成本，收益率约为 5%。沃伦·巴菲特已经证明，通过收购具有明显竞争优势的企业而不是出售，在华尔街积累财富是多么容易。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79e58192e80c4f6d82046daca6fcb496\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Trulieve Cannabis</b></p><p><blockquote><b>Trulieve大麻</b></blockquote></p><p> If growth stocks are more your thing,marijuana stock<b>Trulieve Cannabis</b>(OTC:TCNNF)&nbsp;has the look of an unstoppable buy if a crash or correction strikes.</p><p><blockquote>如果你更喜欢成长型股票，大麻股票<b>Trulieve大麻</b>（场外交易所代码：TCNNF）如果发生崩盘或调整，看起来就会买入势不可挡。</blockquote></p><p> First of all, we witnessed during the pandemic that cannabis is treated as a non-discretionary good. In other words, people kept buying pot products, no matter how badly the pandemic altered the economic landscape in North America.</p><p><blockquote>首先，我们在疫情期间目睹了大麻被视为一种非自由支配的商品。换句话说，无论疫情如何严重改变北美的经济格局，人们都继续购买大麻产品。</blockquote></p><p> More specific to Trulieve, it's&nbsp;really differentiated itself&nbsp;from other pot stocks. With most multistate operators (MSOs) setting up shop in well over a dozen legalized U.S. markets, Trulieve focused most of its attention on medical marijuana-legal Florida. Trulieve has 94 operating dispensaries in the Sunshine State, which represents about a quarter of all cannabis retail locations statewide.</p><p><blockquote>更具体地说，Trulieve 确实区别于其他大麻股票。随着大多数多州运营商(MSO)在十几个合法的美国市场开店，Trulieve将大部分注意力集中在医用大麻合法化的佛罗里达州。Trulieve在阳光之州有94家运营药房，约占全州所有大麻零售点的四分之一。</blockquote></p><p> Saturating one of the largest pot markets in the U.S. has helped the company effectively build up its brand without breaking the bank on the marketing front. As a result, Trulieve Cannabis has been profitable for more than three years.</p><p><blockquote>美国最大的大麻市场之一的饱和帮助该公司有效地建立了品牌，而不会在营销方面倾家荡产。因此，Trulieve Cannabis已经盈利了三年多。</blockquote></p><p> What's more, Trulieve recently completed its all-share acquisition of MSO Harvest Health &amp; Recreation. This deal moves it into new markets, and most importantly, makes it the key player in Arizona, which legalized recreational marijuana in November 2020.</p><p><blockquote>此外，Trulieve 最近完成了对 MSO Harvest Health &amp; Recreation 的全部股权收购。这笔交易将其推向了新的市场，最重要的是，使其成为亚利桑那州的主要参与者，亚利桑那州于 2020 年 11 月将娱乐性大麻合法化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/454f3bd12d9f51f0677b0832102292fc\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Viatris</b></p><p><blockquote><b>维亚特里斯</b></blockquote></p><p> Want deep-discount value and a market-topping dividend yield? Drug-company<b>Viatris</b>(NASDAQ:VTRS)and its 3.2% yield may well be the unstoppable stock to buy if there's a stock market crash or correction.</p><p><blockquote>想要大幅折扣价值和高于市场的股息收益率吗？制药公司<b>维亚特里斯</b>（纳斯达克股票代码：VTRS）及其 3.2% 的收益率很可能是在股市崩盘或调整时不可阻挡的购买股票。</blockquote></p><p> Viatris was officially formed less than a year ago by combining Pfizer's established drug unit UpJohn with generic-drug company Mylan. The idea was that the combined entity would be stronger than the two individual units would have ever been.</p><p><blockquote>Viatris 于不到一年前由辉瑞老牌药物部门 UpJohn 与仿制药公司 Mylan 合并而成，正式成立。这个想法是，合并后的实体将比两个单独的单位更强大。</blockquote></p><p> As you might imagine, combining two drug juggernauts&nbsp;should yield significant efficiencies. The expectation is for more than $1 billion in annual cost synergies by 2023. Further, Viatris' management team expects to have whittled down the company's debt load from $26 billion, when the combination closed, to $19.5 billion by the end of 2023. Less debt outstanding means more financial flexibility and, potentially, the ability to reignite the company's internal research engine.</p><p><blockquote>正如您可能想象的那样，将两个制药巨头结合起来应该会产生显着的效率。预计到 2023 年，年度成本协同效应将超过 10 亿美元。此外，Viatris 的管理团队预计到 2023 年底将公司的债务负担从合并完成时的 260 亿美元削减至 195 亿美元。未偿债务减少意味着更大的财务灵活性，并且有可能重新启动公司内部研究引擎。</blockquote></p><p> The real beauty of Viatris is the consistency of demand for its products. Since&nbsp;healthcare stocks&nbsp;are highly defensive, a poorly performing stock market won't change the fact that people need prescribed drugs. Viatris' leading generic division is also perfectly positioned to take advantage of an aging U.S. and global population.</p><p><blockquote>Viatris真正的魅力在于对其产品需求的一致性。由于医疗保健股具有高度防御性，表现不佳的股市不会改变人们需要处方药的事实。Viatris 领先的仿制药部门也完全有能力利用美国和全球人口老龄化的优势。</blockquote></p><p> With a forward-year P/E ratio below 4, Viatris has about as a cheap of a multiple as you'll ever see in the healthcare space.</p><p><blockquote>Viatris 的远期市盈率低于 4，其市盈率几乎是医疗保健领域的数倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b7df57a973eb8047515b9d2de719a53\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Sea Limited</b></p><p><blockquote><b>海有限公司</b></blockquote></p><p> A fourth unstoppable stock to gobble up if there's a stock market crash or correction is Singapore-based&nbsp;<b>Sea Limited</b>(NYSE:SE). Sea has&nbsp;three exceptionally fast-growing operating segments&nbsp;that could one day push its valuation to $1 trillion.</p><p><blockquote>如果股市崩盘或调整，第四只势不可挡的股票是新加坡<b>海有限公司</b>（纽约证券交易所代码：SE）。Sea 拥有三个异常快速增长的运营部门，有朝一日可能会将其估值推至 1 万亿美元。</blockquote></p><p> First, there's its digital-entertainment segment, which primarily encompasses mobile gaming. Sea ended June with 725 million quarterly active users, 12.7% of which (92.2 million) were paying to play. The average pay-to-play ratio throughout the gaming industry is closer to 2%. Additionally, average bookings per user rose to $1.60 in Q2 from $1.40 in the prior-year period. For the time being, this is the only segment generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).</p><p><blockquote>首先是数字娱乐部门，主要包括移动游戏。截至 6 月底，Sea 拥有 7.25 亿季度活跃用户，其中 12.7%（9220 万）是付费游戏用户。整个博彩业的平均付费游戏比率接近2%。此外，第二季度每个用户的平均预订量从去年同期的 1.40 美元上升到 1.60 美元。目前，这是唯一一个产生正息税折旧摊销前利润（EBITDA）的细分市场。</blockquote></p><p></p><p> Second, Sea has its rapidly growing e-commerce platform, known as Shopee. In the latest quarter, Shopee handled 1.4 billion gross orders (up 127% year over year) and&nbsp;$15 billion in gross merchandise value&nbsp;(GMV). For some context, Shopee handled $10 billion in GMV in the entirety of 2018. The company's annual online retail run rate has sextupled in 2.5 years.</p><p><blockquote>其次，Sea 拥有快速增长的电子商务平台，即 Shopee。在最近一个季度，Shopee 处理了 14 亿份总订单（同比增长 127%）和 150 亿美元的商品总价值 (GMV)。在某些情况下，Shopee 在 2018 年全年处理了 100 亿美元的 GMV。该公司的年在线零售运行率在 2.5 年内增长了六倍。</blockquote></p><p> Lastly, its digital financial services segment has 32.7 million paying digital-wallet users and oversaw more than $4.1 billion in payments in the June-ended quarter. Since many of the emerging markets Sea serves are underbanked, digital wallets could be a sneaky long-term growth story for the company.</p><p><blockquote>最后，其数字金融服务部门拥有 3270 万付费数字钱包用户，并在截至 6 月份的季度监管了超过 41 亿美元的支付。由于 Sea 服务的许多新兴市场银行服务不足，数字钱包可能是该公司偷偷摸摸的长期增长故事。</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>4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Unstoppable Stocks to Buy If There's a Stock Market Crash<blockquote>如果股市崩盘，值得购买的 4 只势不可挡的股票</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\">2021-10-14 18:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Double-digit percentage declines in the broader market are more common than investors realize.</li>  <li>There are no shortage of catalysts that could cause a stock market crash or correction.</li>  <li>Buying this quartet of unstoppable companies during a broad-market decline would be a wise move.</li> </ul> </p><p><blockquote><ul><li>大盘两位数的百分比下跌比投资者意识到的要普遍得多。</li><li>不乏可能导致股市崩盘或调整的催化剂。</li><li>在大盘下跌期间收购这四家势不可挡的公司将是明智之举。</li></ul></blockquote></p><p> Some investors might not be thrilled with what I'm about to say, but it's simply a matter of allowing historical data do the talking: A stock market crash or correction may be brewing.</p><p><blockquote>一些投资者可能不会对我接下来要说的话感到兴奋，但这只是一个让历史数据说话的问题：股市崩盘或调整可能正在酝酿。</blockquote></p><p> Recently, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;underwent its first correction of at least 5% in 10 months. While nothing is guaranteed on Wall Street, a number of signs appear to be pointing to the growing likelihood of downside for the broader market.</p><p><blockquote>最近，基准<b>标普500</b>10个月来首次回调至少5%。尽管华尔街没有任何保证，但许多迹象似乎表明，大盘下行的可能性越来越大。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abf177a2ce4f54e7ed16e4189edb28a7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>There are a laundry list of catalysts that could send the market lower</b></p><p><blockquote><b>有一系列催化剂可能会导致市场下跌</b></blockquote></p><p> For instance, since the beginning of 1950, there have been 38 double-digit percentage declines in the S&amp;P 500. That equates to one drop of at least 10%, on average, every 1.87 years. We're now more than 1.5 years removed from the chaotic bear market decline that bottomed out during the initial stages of the coronavirus pandemic.</p><p><blockquote>例如，自1950年初以来，标普500有38次两位数的百分比下降。这相当于平均每 1.87 年至少下降 10%。我们现在距离冠状病毒大流行初期触底的混乱熊市下跌已经过去了 1.5 年多。</blockquote></p><p> To build on this point, the broader market&nbsp;has responded very similarly&nbsp;following crashes or corrections for the past 60 years. Following each of the previous eight bear markets, excluding the coronavirus crash, there were either one or two declines of 10% in the S&amp;P 500 within three years. What this tells us is that rebounding from a bear market is a process and pretty much never the straight line higher that investors have reveled in for more than 18 months.</p><p><blockquote>基于这一点，过去 60 年来，大盘在崩盘或调整后的反应非常相似。在之前的八次熊市之后，不包括冠状病毒崩盘，标普500在三年内都出现了一两次10%的下跌。这告诉我们，从熊市中反弹是一个过程，而且几乎永远不会出现投资者 18 个多月以来一直享受的直线上涨。</blockquote></p><p> Macroeconomic factors and fundamental metrics pose warnings, too. Rapidly rising crude oil and natural-gas prices threaten pocketbooks and could quickly throttle down economic growth following the pandemic-induced recession.</p><p><blockquote>宏观经济因素和基本面指标也发出警告。原油和天然气价格的快速上涨威胁着钱包，并可能在疫情引发的衰退后迅速抑制经济增长。</blockquote></p><p> There's also margin debt, which&nbsp;has climbed at a precipitous pace in 2021. Data from market-analytics company Yardeni Research shows that there have only been three instances since the beginning of 1995 where margin debt rose 60% or more in a single year. The previous two occurred just months before the dot-com bubble burst and the financial crisis began.</p><p><blockquote>还有保证金债务，该债务在 2021 年急剧攀升。市场分析公司Yardeni Research的数据显示，自1995年初以来，只有三次保证金债务在一年内上涨60%或以上。前两次发生在互联网泡沫破裂和金融危机爆发前几个月。</blockquote></p><p> Even valuations are a concern. The S&amp;P 500's Shiller price-to-earnings (P/E) ratio sits at 37.7, which is well over double its 151-year average of 16.9. Perhaps more worrisome, the S&amp;P 500's Shiller P/E has only crossed above and held 30 on five occasions in 151 years. The previous four instances saw minimum declines of at least 20% after the Shiller P/E ratio peaked.</p><p><blockquote>甚至估值也令人担忧。标准普尔 500 指数的席勒市盈率 (P/E) 为 37.7，是 151 年平均水平 16.9 的两倍多。也许更令人担忧的是，标准普尔 500 指数的席勒市盈率在 151 年中仅五次突破过该水平并保持在 30 点。在席勒市盈率见顶后，前四个例子的最小跌幅至少为20%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5907a4556df957bb90a0b8342cf7d9b9\" tg-width=\"2000\" tg-height=\"1390\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Crashes and corrections are an opportunity to buy great stocks at a discount</p><p><blockquote>崩盘和调整是以折扣价购买优质股票的机会</blockquote></p><p> But there's another side to this story. Even though stock market corrections occur often, they've always eventually been erased by a bull-market rally. Buying great companies at a discount during a crash or correction and holding those stakes for long periods of time is a recipe to build wealth over time.</p><p><blockquote>但这个故事还有另一面。尽管股市调整经常发生，但它们最终总是会被牛市反弹抹去。在崩盘或调整期间以折扣价购买伟大的公司并长期持有这些股份是随着时间的推移积累财富的秘诀。</blockquote></p><p> If a stock market crash or double-digit percentage correction does materialize from this recent uptick in volatility, the following four unstoppable stocks would make for perfect buys.</p><p><blockquote>如果最近波动性的上升确实导致股市崩盘或两位数百分比调整，那么以下四只势不可挡的股票将是完美的买入选择。</blockquote></p><p> <b>Berkshire Hathaway</b></p><p><blockquote><b>伯克希尔哈撒韦公司</b></blockquote></p><p> One of the safest ways to build wealth over the long run is to follow in the footsteps of billionaire investor Warren Buffett. The easiest way to do that is to buy shares of&nbsp;<b>Berkshire Hathaway</b>(NYSE:BRK.A)(NYSE:BRK.B), the conglomerate run by Buffett that's averaged ajaw-dropping annual return of 20%since the beginning of 1965 (an aggregate return of close to 3,300,000%).</p><p><blockquote>从长远来看，积累财富最安全的方法之一是追随亿万富翁投资者沃伦·巴菲特的脚步。最简单的方法是购买<b>伯克希尔哈撒韦公司</b>（纽约证券交易所代码：BRK.A）（纽约证券交易所代码：BRK.B）是巴菲特经营的企业集团，自 1965 年初以来，平均年回报率为 20%（总回报率接近 3,300,000%）。</blockquote></p><p> Berkshire Hathaway's portfolio is successful for two key reasons. First,it's highly cyclical, with about 85% of the company's invested assets tied up in tech stocks, financial stocks, and consumer staples. Though the Oracle of Omaha is fully aware that recessions are an inevitable part of the economic cycle, he also understands that economic downturns don't last very long. He's positioned Berkshire's investment portfolio to take advantage of multiyear periods of expansion.</p><p><blockquote>伯克希尔哈撒韦公司的投资组合之所以成功，主要有两个原因。首先，它具有很强的周期性，该公司约 85% 的投资资产与科技股、金融股和必需消费品有关。尽管奥马哈先知完全意识到衰退是经济周期不可避免的一部分，但他也明白经济衰退不会持续很长时间。他将伯克希尔的投资组合定位为利用多年的扩张期。</blockquote></p><p></p><p> The other catalyst working in the company's favor is its&nbsp;dividend income. Over the next 12 months, Berkshire Hathaway should collect more than $5 billion in common and preferred dividends, which equates to about a 5% yield, relative to the company's cost basis on its investments. Warren Buffett has demonstrated how easy it is to build wealth on Wall Street by purchasing businesses with clear-cut competitive advantages and not selling.</p><p><blockquote>对该公司有利的另一个催化剂是其股息收入。在未来 12 个月内，伯克希尔哈撒韦公司应收取超过 50 亿美元的普通股和优先股息，相对于该公司的投资成本，收益率约为 5%。沃伦·巴菲特已经证明，通过收购具有明显竞争优势的企业而不是出售，在华尔街积累财富是多么容易。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79e58192e80c4f6d82046daca6fcb496\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Trulieve Cannabis</b></p><p><blockquote><b>Trulieve大麻</b></blockquote></p><p> If growth stocks are more your thing,marijuana stock<b>Trulieve Cannabis</b>(OTC:TCNNF)&nbsp;has the look of an unstoppable buy if a crash or correction strikes.</p><p><blockquote>如果你更喜欢成长型股票，大麻股票<b>Trulieve大麻</b>（场外交易所代码：TCNNF）如果发生崩盘或调整，看起来就会买入势不可挡。</blockquote></p><p> First of all, we witnessed during the pandemic that cannabis is treated as a non-discretionary good. In other words, people kept buying pot products, no matter how badly the pandemic altered the economic landscape in North America.</p><p><blockquote>首先，我们在疫情期间目睹了大麻被视为一种非自由支配的商品。换句话说，无论疫情如何严重改变北美的经济格局，人们都继续购买大麻产品。</blockquote></p><p> More specific to Trulieve, it's&nbsp;really differentiated itself&nbsp;from other pot stocks. With most multistate operators (MSOs) setting up shop in well over a dozen legalized U.S. markets, Trulieve focused most of its attention on medical marijuana-legal Florida. Trulieve has 94 operating dispensaries in the Sunshine State, which represents about a quarter of all cannabis retail locations statewide.</p><p><blockquote>更具体地说，Trulieve 确实区别于其他大麻股票。随着大多数多州运营商(MSO)在十几个合法的美国市场开店，Trulieve将大部分注意力集中在医用大麻合法化的佛罗里达州。Trulieve在阳光之州有94家运营药房，约占全州所有大麻零售点的四分之一。</blockquote></p><p> Saturating one of the largest pot markets in the U.S. has helped the company effectively build up its brand without breaking the bank on the marketing front. As a result, Trulieve Cannabis has been profitable for more than three years.</p><p><blockquote>美国最大的大麻市场之一的饱和帮助该公司有效地建立了品牌，而不会在营销方面倾家荡产。因此，Trulieve Cannabis已经盈利了三年多。</blockquote></p><p> What's more, Trulieve recently completed its all-share acquisition of MSO Harvest Health &amp; Recreation. This deal moves it into new markets, and most importantly, makes it the key player in Arizona, which legalized recreational marijuana in November 2020.</p><p><blockquote>此外，Trulieve 最近完成了对 MSO Harvest Health &amp; Recreation 的全部股权收购。这笔交易将其推向了新的市场，最重要的是，使其成为亚利桑那州的主要参与者，亚利桑那州于 2020 年 11 月将娱乐性大麻合法化。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/454f3bd12d9f51f0677b0832102292fc\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Viatris</b></p><p><blockquote><b>维亚特里斯</b></blockquote></p><p> Want deep-discount value and a market-topping dividend yield? Drug-company<b>Viatris</b>(NASDAQ:VTRS)and its 3.2% yield may well be the unstoppable stock to buy if there's a stock market crash or correction.</p><p><blockquote>想要大幅折扣价值和高于市场的股息收益率吗？制药公司<b>维亚特里斯</b>（纳斯达克股票代码：VTRS）及其 3.2% 的收益率很可能是在股市崩盘或调整时不可阻挡的购买股票。</blockquote></p><p> Viatris was officially formed less than a year ago by combining Pfizer's established drug unit UpJohn with generic-drug company Mylan. The idea was that the combined entity would be stronger than the two individual units would have ever been.</p><p><blockquote>Viatris 于不到一年前由辉瑞老牌药物部门 UpJohn 与仿制药公司 Mylan 合并而成，正式成立。这个想法是，合并后的实体将比两个单独的单位更强大。</blockquote></p><p> As you might imagine, combining two drug juggernauts&nbsp;should yield significant efficiencies. The expectation is for more than $1 billion in annual cost synergies by 2023. Further, Viatris' management team expects to have whittled down the company's debt load from $26 billion, when the combination closed, to $19.5 billion by the end of 2023. Less debt outstanding means more financial flexibility and, potentially, the ability to reignite the company's internal research engine.</p><p><blockquote>正如您可能想象的那样，将两个制药巨头结合起来应该会产生显着的效率。预计到 2023 年，年度成本协同效应将超过 10 亿美元。此外，Viatris 的管理团队预计到 2023 年底将公司的债务负担从合并完成时的 260 亿美元削减至 195 亿美元。未偿债务减少意味着更大的财务灵活性，并且有可能重新启动公司内部研究引擎。</blockquote></p><p> The real beauty of Viatris is the consistency of demand for its products. Since&nbsp;healthcare stocks&nbsp;are highly defensive, a poorly performing stock market won't change the fact that people need prescribed drugs. Viatris' leading generic division is also perfectly positioned to take advantage of an aging U.S. and global population.</p><p><blockquote>Viatris真正的魅力在于对其产品需求的一致性。由于医疗保健股具有高度防御性，表现不佳的股市不会改变人们需要处方药的事实。Viatris 领先的仿制药部门也完全有能力利用美国和全球人口老龄化的优势。</blockquote></p><p> With a forward-year P/E ratio below 4, Viatris has about as a cheap of a multiple as you'll ever see in the healthcare space.</p><p><blockquote>Viatris 的远期市盈率低于 4，其市盈率几乎是医疗保健领域的数倍。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b7df57a973eb8047515b9d2de719a53\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Sea Limited</b></p><p><blockquote><b>海有限公司</b></blockquote></p><p> A fourth unstoppable stock to gobble up if there's a stock market crash or correction is Singapore-based&nbsp;<b>Sea Limited</b>(NYSE:SE). Sea has&nbsp;three exceptionally fast-growing operating segments&nbsp;that could one day push its valuation to $1 trillion.</p><p><blockquote>如果股市崩盘或调整，第四只势不可挡的股票是新加坡<b>海有限公司</b>（纽约证券交易所代码：SE）。Sea 拥有三个异常快速增长的运营部门，有朝一日可能会将其估值推至 1 万亿美元。</blockquote></p><p> First, there's its digital-entertainment segment, which primarily encompasses mobile gaming. Sea ended June with 725 million quarterly active users, 12.7% of which (92.2 million) were paying to play. The average pay-to-play ratio throughout the gaming industry is closer to 2%. Additionally, average bookings per user rose to $1.60 in Q2 from $1.40 in the prior-year period. For the time being, this is the only segment generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).</p><p><blockquote>首先是数字娱乐部门，主要包括移动游戏。截至 6 月底，Sea 拥有 7.25 亿季度活跃用户，其中 12.7%（9220 万）是付费游戏用户。整个博彩业的平均付费游戏比率接近2%。此外，第二季度每个用户的平均预订量从去年同期的 1.40 美元上升到 1.60 美元。目前，这是唯一一个产生正息税折旧摊销前利润（EBITDA）的细分市场。</blockquote></p><p></p><p> Second, Sea has its rapidly growing e-commerce platform, known as Shopee. In the latest quarter, Shopee handled 1.4 billion gross orders (up 127% year over year) and&nbsp;$15 billion in gross merchandise value&nbsp;(GMV). For some context, Shopee handled $10 billion in GMV in the entirety of 2018. The company's annual online retail run rate has sextupled in 2.5 years.</p><p><blockquote>其次，Sea 拥有快速增长的电子商务平台，即 Shopee。在最近一个季度，Shopee 处理了 14 亿份总订单（同比增长 127%）和 150 亿美元的商品总价值 (GMV)。在某些情况下，Shopee 在 2018 年全年处理了 100 亿美元的 GMV。该公司的年在线零售运行率在 2.5 年内增长了六倍。</blockquote></p><p> Lastly, its digital financial services segment has 32.7 million paying digital-wallet users and oversaw more than $4.1 billion in payments in the June-ended quarter. Since many of the emerging markets Sea serves are underbanked, digital wallets could be a sneaky long-term growth story for the company.</p><p><blockquote>最后，其数字金融服务部门拥有 3270 万付费数字钱包用户，并在截至 6 月份的季度监管了超过 41 亿美元的支付。由于 Sea 服务的许多新兴市场银行服务不足，数字钱包可能是该公司偷偷摸摸的长期增长故事。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/10/14/4-unstoppable-stocks-to-buy-if-stock-market-crash/\">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":{"VTRS":"Viatris Inc.","BRK.A":"伯克希尔","BRK.B":"伯克希尔B","TCNNF":"TRULIEVE CANNABIS CORP","SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/10/14/4-unstoppable-stocks-to-buy-if-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184483169","content_text":"Key Points\n\nDouble-digit percentage declines in the broader market are more common than investors realize.\nThere are no shortage of catalysts that could cause a stock market crash or correction.\nBuying this quartet of unstoppable companies during a broad-market decline would be a wise move.\n\n\nSome investors might not be thrilled with what I'm about to say, but it's simply a matter of allowing historical data do the talking: A stock market crash or correction may be brewing.\nRecently, the benchmark S&P 500 underwent its first correction of at least 5% in 10 months. While nothing is guaranteed on Wall Street, a number of signs appear to be pointing to the growing likelihood of downside for the broader market.\nIMAGE SOURCE: GETTY IMAGES.\nThere are a laundry list of catalysts that could send the market lower\nFor instance, since the beginning of 1950, there have been 38 double-digit percentage declines in the S&P 500. That equates to one drop of at least 10%, on average, every 1.87 years. We're now more than 1.5 years removed from the chaotic bear market decline that bottomed out during the initial stages of the coronavirus pandemic.\nTo build on this point, the broader market has responded very similarly following crashes or corrections for the past 60 years. Following each of the previous eight bear markets, excluding the coronavirus crash, there were either one or two declines of 10% in the S&P 500 within three years. What this tells us is that rebounding from a bear market is a process and pretty much never the straight line higher that investors have reveled in for more than 18 months.\nMacroeconomic factors and fundamental metrics pose warnings, too. Rapidly rising crude oil and natural-gas prices threaten pocketbooks and could quickly throttle down economic growth following the pandemic-induced recession.\nThere's also margin debt, which has climbed at a precipitous pace in 2021. Data from market-analytics company Yardeni Research shows that there have only been three instances since the beginning of 1995 where margin debt rose 60% or more in a single year. The previous two occurred just months before the dot-com bubble burst and the financial crisis began.\nEven valuations are a concern. The S&P 500's Shiller price-to-earnings (P/E) ratio sits at 37.7, which is well over double its 151-year average of 16.9. Perhaps more worrisome, the S&P 500's Shiller P/E has only crossed above and held 30 on five occasions in 151 years. The previous four instances saw minimum declines of at least 20% after the Shiller P/E ratio peaked.\nIMAGE SOURCE: GETTY IMAGES.\nCrashes and corrections are an opportunity to buy great stocks at a discount\nBut there's another side to this story. Even though stock market corrections occur often, they've always eventually been erased by a bull-market rally. Buying great companies at a discount during a crash or correction and holding those stakes for long periods of time is a recipe to build wealth over time.\nIf a stock market crash or double-digit percentage correction does materialize from this recent uptick in volatility, the following four unstoppable stocks would make for perfect buys.\nBerkshire Hathaway\nOne of the safest ways to build wealth over the long run is to follow in the footsteps of billionaire investor Warren Buffett. The easiest way to do that is to buy shares of Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B), the conglomerate run by Buffett that's averaged ajaw-dropping annual return of 20%since the beginning of 1965 (an aggregate return of close to 3,300,000%).\nBerkshire Hathaway's portfolio is successful for two key reasons. First,it's highly cyclical, with about 85% of the company's invested assets tied up in tech stocks, financial stocks, and consumer staples. Though the Oracle of Omaha is fully aware that recessions are an inevitable part of the economic cycle, he also understands that economic downturns don't last very long. He's positioned Berkshire's investment portfolio to take advantage of multiyear periods of expansion.\nThe other catalyst working in the company's favor is its dividend income. Over the next 12 months, Berkshire Hathaway should collect more than $5 billion in common and preferred dividends, which equates to about a 5% yield, relative to the company's cost basis on its investments. Warren Buffett has demonstrated how easy it is to build wealth on Wall Street by purchasing businesses with clear-cut competitive advantages and not selling.\nIMAGE SOURCE: GETTY IMAGES.\nTrulieve Cannabis\nIf growth stocks are more your thing,marijuana stockTrulieve Cannabis(OTC:TCNNF) has the look of an unstoppable buy if a crash or correction strikes.\nFirst of all, we witnessed during the pandemic that cannabis is treated as a non-discretionary good. In other words, people kept buying pot products, no matter how badly the pandemic altered the economic landscape in North America.\nMore specific to Trulieve, it's really differentiated itself from other pot stocks. With most multistate operators (MSOs) setting up shop in well over a dozen legalized U.S. markets, Trulieve focused most of its attention on medical marijuana-legal Florida. Trulieve has 94 operating dispensaries in the Sunshine State, which represents about a quarter of all cannabis retail locations statewide.\nSaturating one of the largest pot markets in the U.S. has helped the company effectively build up its brand without breaking the bank on the marketing front. As a result, Trulieve Cannabis has been profitable for more than three years.\nWhat's more, Trulieve recently completed its all-share acquisition of MSO Harvest Health & Recreation. This deal moves it into new markets, and most importantly, makes it the key player in Arizona, which legalized recreational marijuana in November 2020.\nIMAGE SOURCE: GETTY IMAGES.\nViatris\nWant deep-discount value and a market-topping dividend yield? Drug-companyViatris(NASDAQ:VTRS)and its 3.2% yield may well be the unstoppable stock to buy if there's a stock market crash or correction.\nViatris was officially formed less than a year ago by combining Pfizer's established drug unit UpJohn with generic-drug company Mylan. The idea was that the combined entity would be stronger than the two individual units would have ever been.\nAs you might imagine, combining two drug juggernauts should yield significant efficiencies. The expectation is for more than $1 billion in annual cost synergies by 2023. Further, Viatris' management team expects to have whittled down the company's debt load from $26 billion, when the combination closed, to $19.5 billion by the end of 2023. Less debt outstanding means more financial flexibility and, potentially, the ability to reignite the company's internal research engine.\nThe real beauty of Viatris is the consistency of demand for its products. Since healthcare stocks are highly defensive, a poorly performing stock market won't change the fact that people need prescribed drugs. Viatris' leading generic division is also perfectly positioned to take advantage of an aging U.S. and global population.\nWith a forward-year P/E ratio below 4, Viatris has about as a cheap of a multiple as you'll ever see in the healthcare space.\nIMAGE SOURCE: GETTY IMAGES.\nSea Limited\nA fourth unstoppable stock to gobble up if there's a stock market crash or correction is Singapore-based Sea Limited(NYSE:SE). Sea has three exceptionally fast-growing operating segments that could one day push its valuation to $1 trillion.\nFirst, there's its digital-entertainment segment, which primarily encompasses mobile gaming. Sea ended June with 725 million quarterly active users, 12.7% of which (92.2 million) were paying to play. The average pay-to-play ratio throughout the gaming industry is closer to 2%. Additionally, average bookings per user rose to $1.60 in Q2 from $1.40 in the prior-year period. For the time being, this is the only segment generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA).\nSecond, Sea has its rapidly growing e-commerce platform, known as Shopee. In the latest quarter, Shopee handled 1.4 billion gross orders (up 127% year over year) and $15 billion in gross merchandise value (GMV). For some context, Shopee handled $10 billion in GMV in the entirety of 2018. The company's annual online retail run rate has sextupled in 2.5 years.\nLastly, its digital financial services segment has 32.7 million paying digital-wallet users and oversaw more than $4.1 billion in payments in the June-ended quarter. Since many of the emerging markets Sea serves are underbanked, digital wallets could be a sneaky long-term growth story for the company.","news_type":1,"symbols_score_info":{"TCNNF":0.9,"BRK.A":0.9,"VTRS":0.9,"BRK.B":0.9,"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":6068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":834215683,"gmtCreate":1629806133642,"gmtModify":1631890714211,"author":{"id":"3581638828642415","authorId":"3581638828642415","name":"Kelvin_Qiu","avatar":"https://static.tigerbbs.com/58df4d9e030a9766be7d0b65f5e798af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581638828642415","idStr":"3581638828642415"},"themes":[],"title":"","htmlText":"Help like pls thx[比心]&nbsp;","listText":"Help like pls thx[比心]&nbsp;","text":"Help like pls thx[比心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834215683","repostId":"2161208319","repostType":4,"isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}