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JerryToh
2021-08-23
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2021-05-30
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2021-05-30
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JerryToh
2021-05-18
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2021-11-04
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2021-08-20
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Foot Locker rallies after sales. margins improve in Q2
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2021-08-09
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2021-08-06
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2021-07-12
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JerryToh
2021-05-20
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3 Airlines Just Posted Updates. Here’s What That Means for the Recovery.
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2021-05-18
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2021-07-03
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JerryToh
2021-06-19
Oh i see
Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.
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","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/835157920","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836343514,"gmtCreate":1629459573538,"gmtModify":1633684704257,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836343514","repostId":"1130098909","repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://www.laohu8.com/m/news/1130098909?lang=&edition=full","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.</li>\n</ul>","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>Foot Locker rallies after sales. margins improve in Q2</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8 <a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898802659,"gmtCreate":1628481883471,"gmtModify":1633746810989,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Okay ","listText":"Okay ","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898802659","repostId":"2157418694","repostType":4,"isVote":1,"tweetType":1,"viewCount":708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893684819,"gmtCreate":1628259843331,"gmtModify":1633752157908,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893684819","repostId":"1110804460","repostType":4,"isVote":1,"tweetType":1,"viewCount":886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179855741,"gmtCreate":1626507100083,"gmtModify":1633926142432,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Horray ","listText":"Horray ","text":"Horray","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179855741","repostId":"2152168594","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146819823,"gmtCreate":1626065314662,"gmtModify":1633930471865,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Confirmed?","listText":"Confirmed?","text":"Confirmed?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/146819823","repostId":"1173902659","repostType":4,"isVote":1,"tweetType":1,"viewCount":696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152850588,"gmtCreate":1625282559044,"gmtModify":1633941769164,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152850588","repostId":"2148015288","repostType":4,"isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152827531,"gmtCreate":1625282450223,"gmtModify":1633941770115,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152827531","repostId":"2148015288","repostType":4,"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165884565,"gmtCreate":1624116407957,"gmtModify":1634010561370,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Oh i see","listText":"Oh i see","text":"Oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165884565","repostId":"1119296361","repostType":4,"repost":{"id":"1119296361","kind":"news","pubTimestamp":1624028454,"share":"https://www.laohu8.com/m/news/1119296361?lang=&edition=full","pubTime":"2021-06-18 23:00","market":"us","language":"en","title":"Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296361","media":"Barrons","summary":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier","content":"<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p>\n<p>There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p>\n<p>After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p>\n<p>The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p>\n<p>Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p>\n<p>Until that changes, it will be hard for bank stocks to bounce back.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nBank Stocks Were Fed Day Winners. Why They’re Getting Crushed.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:00 GMT+8 <a href=https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good ...</p>\n\n<a href=\"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","MS":"摩根士丹利","GS":"高盛","BAC":"美国银行","C":"花旗","WFC":"富国银行"},"source_url":"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296361","content_text":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.\nAfter Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%\nThe market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.\nWhy the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.\nUntil that changes, it will be hard for bank stocks to bounce 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","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848203082","repostId":"2180636457","repostType":4,"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":836343514,"gmtCreate":1629459573538,"gmtModify":1633684704257,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836343514","repostId":"1130098909","repostType":4,"repost":{"id":"1130098909","kind":"news","pubTimestamp":1629458631,"share":"https://www.laohu8.com/m/news/1130098909?lang=&edition=full","pubTime":"2021-08-20 19:23","market":"us","language":"en","title":"Foot Locker rallies after sales. margins improve in Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=1130098909","media":"Seeking Alpha","summary":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact o","content":"<ul>\n <li><a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.</li>\n <li>The retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.</li>\n <li>Foot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.</li>\n <li>Shares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.</li>\n</ul>","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>Foot Locker rallies after sales. margins improve in Q2</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nFoot Locker rallies after sales. margins improve in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 19:23 GMT+8 <a href=https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level ...</p>\n\n<a href=\"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3732613-foot-locker-rallies-after-sales-margins-improve-in-q2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130098909","content_text":"Foot Locker (NYSE: FL) reports sales rose 7.3% year-over-year in Q2 after stripping out the impact of foreign exchange swings. Sales increased 28.2% during the quarter against the pre-pandemic level of 2019.\nThe retailer says it saw strong results in its women's and kids' footwear business during the quarter, along with broad demand for apparel and accessories offerings. A combination of robust demand and lean inventory led to lower levels of promotional activity. Gross margin for the quarter was 35.1% of sales. EPS almost tripled from a year ago to $2.21 to smash the consensus expectation.\nFoot Locker (FL) ended the quarter with a cash position net of debt of $1.733B. FL spent $8M on buybacks in Q2 and invest $36M in its store fleet, digital capabilities, supply chain, and other infrastructure. \"Our approach to capital allocation remains focused on investing in growth opportunities while also returning cash to shareholders through our quarterly dividend and opportunistic share repurchase program,\" says CEO Richard Johnson. Guidance will follow with the earnings call.\nShares of Foot Locker (FL) are up 7.56% premarket to $58.50 after the earnings topper.","news_type":1,"symbols_score_info":{"FL":0.9}},"isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898802659,"gmtCreate":1628481883471,"gmtModify":1633746810989,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Okay ","listText":"Okay 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","listText":"Horray ","text":"Horray","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179855741","repostId":"2152168594","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162042566,"gmtCreate":1624029224555,"gmtModify":1634023841728,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162042566","repostId":"1135760972","repostType":4,"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130170072,"gmtCreate":1621520810696,"gmtModify":1634188439068,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Any tips?","listText":"Any tips?","text":"Any tips?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130170072","repostId":"1104495274","repostType":4,"repost":{"id":"1104495274","kind":"news","pubTimestamp":1621519018,"share":"https://www.laohu8.com/m/news/1104495274?lang=&edition=full","pubTime":"2021-05-20 21:56","market":"us","language":"en","title":"3 Airlines Just Posted Updates. Here’s What That Means for the Recovery.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104495274","media":"Barrons","summary":"EasyJet, Singapore Airlines, and Qantas Airways all reminded investors that heavy losses were still ","content":"<p>EasyJet, Singapore Airlines, and Qantas Airways all reminded investors that heavy losses were still hitting the sector on Thursday, and issued cautious warnings over the air-travel recovery.</p>\n<p>The trio painted a picture of uncertainty surrounding the recovery, even as many countries begin easing travel restrictions and the European Union prepares to open up for Covid-19 vaccinated tourists.</p>\n<p>The trio painted a picture of uncertainty surrounding the recovery, even as many countries begin easing travel restrictions and the European Union prepares to open up for Covid-19 vaccinated tourists.</p>\n<p>Many airline stocks have climbed sharply since the end of last year amid hopes for a bumper summer holiday period, but with the season drawing closer, such a recovery now looks more in the balance.</p>\n<p><b>ASIA</b></p>\n<p>Singapore Airlines (ticker: C6L.Singapore) reported a record 4.27 billion Singapore dollars ($3.2 billion) annual loss in what it described as the“toughest year in its history.”Passenger numbers slumped 98% to just 596,000 in the year to March 31.</p>\n<p>Singapore’s national airlines raised doubts over the air-travel recovery, warning that its trajectory remained “unclear.”</p>\n<p>Despite a resurgence of Covid-19 cases across much of Asia and other parts of the world, the airline said accelerating Covid-19 vaccination programs in key markets meant it was hopeful for further improvement in international demand in the second half of 2021. The stock climbed 1.3% after earnings and is now 11% up year-to-date.</p>\n<p>Restrictions in Singapore and Taiwan have been tightened in recent days following spikes in Covid-19 cases, while other countries such as Thailand and Malaysia are also battling rising cases. Vaccine rollouts are also proving slow in the region, particularly in comparison to the U.S., the United Kingdom, and parts of Europe.</p>\n<p><b>EUROPE</b></p>\n<p>Low-cost European carrier EasyJet (EZJ.UK) posted a pretax loss of £701 million ($990.4 million) in the six months to the end of March, down from a £193 million loss the previous year. Unsurprisingly, passenger numbers fell 89% to 4.1 million year-over-year.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Airlines Just Posted Updates. Here’s What That Means for the Recovery.</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n3 Airlines Just Posted Updates. Here’s What That Means for the Recovery.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 21:56 GMT+8 <a href=https://www.barrons.com/articles/three-airlines-just-posted-updates-heres-what-that-means-for-the-recovery-51621517066?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>EasyJet, Singapore Airlines, and Qantas Airways all reminded investors that heavy losses were still hitting the sector on Thursday, and issued cautious warnings over the air-travel recovery.\nThe trio ...</p>\n\n<a href=\"https://www.barrons.com/articles/three-airlines-just-posted-updates-heres-what-that-means-for-the-recovery-51621517066?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SINGF":"Singapore Airlines Ltd.","ESYJY":"easyJet Plc","EJTTF":"easyJet Plc","C6L.SI":"新加坡航空公司","SINGY":"Singapore Airlines Ltd.","QAN.AU":"QANTAS AIRWAYS LIMITED","QUBSF":"Qantas Airways Ltd.","EZJ.UK":"易捷航空","QABSY":"Qantas Airways Ltd."},"source_url":"https://www.barrons.com/articles/three-airlines-just-posted-updates-heres-what-that-means-for-the-recovery-51621517066?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104495274","content_text":"EasyJet, Singapore Airlines, and Qantas Airways all reminded investors that heavy losses were still hitting the sector on Thursday, and issued cautious warnings over the air-travel recovery.\nThe trio painted a picture of uncertainty surrounding the recovery, even as many countries begin easing travel restrictions and the European Union prepares to open up for Covid-19 vaccinated tourists.\nThe trio painted a picture of uncertainty surrounding the recovery, even as many countries begin easing travel restrictions and the European Union prepares to open up for Covid-19 vaccinated tourists.\nMany airline stocks have climbed sharply since the end of last year amid hopes for a bumper summer holiday period, but with the season drawing closer, such a recovery now looks more in the balance.\nASIA\nSingapore Airlines (ticker: C6L.Singapore) reported a record 4.27 billion Singapore dollars ($3.2 billion) annual loss in what it described as the“toughest year in its history.”Passenger numbers slumped 98% to just 596,000 in the year to March 31.\nSingapore’s national airlines raised doubts over the air-travel recovery, warning that its trajectory remained “unclear.”\nDespite a resurgence of Covid-19 cases across much of Asia and other parts of the world, the airline said accelerating Covid-19 vaccination programs in key markets meant it was hopeful for further improvement in international demand in the second half of 2021. The stock climbed 1.3% after earnings and is now 11% up year-to-date.\nRestrictions in Singapore and Taiwan have been tightened in recent days following spikes in Covid-19 cases, while other countries such as Thailand and Malaysia are also battling rising cases. Vaccine rollouts are also proving slow in the region, particularly in comparison to the U.S., the United Kingdom, and parts of Europe.\nEUROPE\nLow-cost European carrier EasyJet (EZJ.UK) posted a pretax loss of £701 million ($990.4 million) in the six months to the end of March, down from a £193 million loss the previous year. Unsurprisingly, passenger numbers fell 89% to 4.1 million year-over-year.","news_type":1,"symbols_score_info":{"C6L.SI":0.9,"EJTTF":0.9,"ESYJY":0.9,"EZJ.UK":0.9,"QABSY":0.9,"QAN.AU":0.9,"QUBSF":0.9,"SINGF":0.9,"SINGY":0.9}},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194889315,"gmtCreate":1621353541537,"gmtModify":1634192183173,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Amazon ","listText":"Amazon ","text":"Amazon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194889315","repostId":"1189117782","repostType":4,"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152850588,"gmtCreate":1625282559044,"gmtModify":1633941769164,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152850588","repostId":"2148015288","repostType":4,"isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165884565,"gmtCreate":1624116407957,"gmtModify":1634010561370,"author":{"id":"3581991051201028","authorId":"3581991051201028","name":"JerryToh","avatar":"https://static.tigerbbs.com/dfc758c14f6695fe0e521782ea09f7af","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581991051201028","authorIdStr":"3581991051201028"},"themes":[],"htmlText":"Oh i see","listText":"Oh i see","text":"Oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165884565","repostId":"1119296361","repostType":4,"repost":{"id":"1119296361","kind":"news","pubTimestamp":1624028454,"share":"https://www.laohu8.com/m/news/1119296361?lang=&edition=full","pubTime":"2021-06-18 23:00","market":"us","language":"en","title":"Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296361","media":"Barrons","summary":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier","content":"<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p>\n<p>There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p>\n<p>After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p>\n<p>The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p>\n<p>Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p>\n<p>Until that changes, it will be hard for bank stocks to bounce back.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nBank Stocks Were Fed Day Winners. Why They’re Getting Crushed.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:00 GMT+8 <a href=https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good ...</p>\n\n<a href=\"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","MS":"摩根士丹利","GS":"高盛","BAC":"美国银行","C":"花旗","WFC":"富国银行"},"source_url":"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296361","content_text":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.\nAfter Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%\nThe market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.\nWhy the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.\nUntil that changes, it will be hard for bank stocks to bounce back.","news_type":1,"symbols_score_info":{"BAC":0.9,"C":0.9,"GS":0.9,"JPM":0.9,"MS":0.9,"WFC":0.9}},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}