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Hairi1906

Hairi1906

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2021-08-24

All Tesla business evolve around technology suchas EV, solar which require espensive semiconductor material. With these materials in worldwide shortage there’s a limit to how much it can produce. The same approach for other semicon industries. Thus just be wary of these

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2021-08-01

More discounted price

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2021-10-12

Good discount

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2021-09-10

Bitcoin is not predictable. This type of news doesnot help

Bitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote>

2021-08-26

Venturing into ads. That’s a good move

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2021-08-08

Good to know

EV stocks fell in morning trading<blockquote>电动汽车股早盘下跌</blockquote>

2021-07-27

Great

7 Stocks To Watch For July 27, 2021<blockquote>2021 年 7 月 27 日值得关注的 7 只股票</blockquote>

2021-10-20

Go Ali, I know that you will rebound. No regrets buying and supporting during the lows

Alibaba soared nearly 2% in premarket trading as it released a new operating system "Dragon Lizard"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</blockquote>

2021-08-16

Yes go nvidia

Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</blockquote>

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choice on semiconductor etf. Anyone will do","listText":"Good choice on semiconductor etf. Anyone will do","text":"Good choice on semiconductor etf. Anyone will do","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841565333","repostId":"2180782003","repostType":4,"isVote":1,"tweetType":1,"viewCount":3194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854765911,"gmtCreate":1635484533577,"gmtModify":1635484533880,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Both intel and nvidia will grow","listText":"Both intel and nvidia will grow","text":"Both intel and nvidia will grow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854765911","repostId":"1122237204","repostType":4,"repost":{"id":"1122237204","kind":"news","pubTimestamp":1635476471,"share":"https://www.laohunote.com/m/news/1122237204?lang=zh_CN&edition=full","pubTime":"2021-10-29 11:01","market":"us","language":"en","title":"Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?<blockquote>英特尔、英伟达还是 AMD：哪只芯片股票更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122237204","media":"Seeking Alpha","summary":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused w","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Intel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.</li>  <li>Advanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su &amp; Co. is making the most out of Intel's stumbles.</li>  <li>Nvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.</li>  <li>We discuss which semiconductor stock is the better buy now.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c8b907cc53a6667f686b7acaf873b0a\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>英特尔公布的收益相当不错。然而，市场对其雄心勃勃的增长计划感到困惑。</li><li>Advanced Micro Devices 在 2021 财年继续取得惊人的业绩。Lisa Su &amp; Co. 博士正在充分利用英特尔的失误。</li><li>英伟达将于11月17日发布第三季度成绩单。公司增长势头预计将继续放缓。</li><li>我们讨论现在哪种半导体股票更值得购买。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock 社论来自 Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Advanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.</p><p><blockquote>Advanced Micro Devices, Inc. (AMD) 最近发布了一份精彩的第三季度成绩单。该公司还轻松超出了市场普遍预期，并重申了 AMD 作为领先半导体公司之一的地位。</blockquote></p><p> Notably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger &amp; Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.</p><p><blockquote>值得注意的是，该公司实现了上涨，而英特尔 (INTC) 报告了一系列我们认为实际上相当不错的业绩。人们对数据中心性能不佳表示担忧，但这是意料之中的。然而，市场并不喜欢 Pat Gelsinger &amp; Co. 在财报公布后发出的电报和对该股的猛烈抨击。英特尔传达了其寻求重新夺回工艺节点领导地位的成本。然而，投资者似乎并不确定该公司雄心勃勃的计划。再加上盈利能力减弱和自由现金流前景，一些价值导向的投资者似乎已经走向退出。</blockquote></p><p> Nvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang &amp; Co. see \"sequential growth&nbsp;driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.</p><p><blockquote>英伟达 (NVDA) 将于 11 月 17 日发布第三季度成绩单。该公司此前曾预测本季度表现强劲。黄仁勋公司认为“主要由数据中心需求加速推动的连续增长”。该公司还预计其三个市场都将实现增长，尤其是游戏市场。鉴于 AMD 的强劲表现，投资者的期望也很高。因此，随着 NVDA 股价本周创下历史新高 (ATH)，投资者热切期待 NVDA 的财报发布。</blockquote></p><p> We will discuss which semiconductor stock is the better buy now between them.</p><p><blockquote>我们将讨论现在哪只半导体股票更值得购买。</blockquote></p><p> <b>INTC, NVDA, AMD Stock YTD Performance</b></p><p><blockquote><b>INTC、NVDA、AMD 股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc276e3bd3b1b72a0413e8be2d14ebe3\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>INTC, NVDA, AMD stock YTD performance (as of 27 October 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC、NVDA、AMD股票年初至今表现（截至21年10月27日）。</span></p></blockquote></p><p> NVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.</p><p><blockquote>到目前为止，NVDA 股票继续享受非凡的一年。该股本周创下新高，年初至今回报率飙升至 87.3%。看跌 NVDA 的投资者可以畅所欲言，但我们从未采用看跌 NVDA 股票的论点。这根本说不通。该股在寻求 Alpha 全年动量评级方面拥有最好的 A+。因此，我们真的无法理解那些看跌的论点。AMD 股票位居第二，年初至今涨幅为 33.3%。该股似乎远远落后于 NVDA 股票令人难以置信的表现。然而，投资者应该考虑到 AMD 股票在 2021 年上半年的大部分时间里都处于亏损状态。因此，其在 H2'21 的巨大势头激增确实令人印象深刻。因此，该股的势头在 Seeking Alpha 中也被评为 A 级。</blockquote></p><p> In contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.</p><p><blockquote>相比之下，长期表现不佳的 INTC 股票继续表现不佳。该股开局非常光明，年初至今上涨了 40%。然而，它的势头已经完全消失了。目前，与 AMD 股票和 NVDA 股票相比，其年初至今 3.9% 的跌幅看起来很糟糕。此外，Seeking Alpha 还在 momentum 上给予其 D+ 评级。</blockquote></p><p> <b>Intel FQ3 Report Card Is Telling Of Its Weakening Leadership</b></p><p><blockquote><b>英特尔第三季度成绩单显示其领导地位正在减弱</b></blockquote></p><p> There's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.</p><p><blockquote>毫无疑问，AMD 充分利用了其最近对英特尔的统治地位。然而，更令英特尔投资者担忧、同样令 AMD 投资者感到鼓舞的是他们各自首席执行官提供的清晰度。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f910460f850f7c0c3bd3508e0812fa7b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Intel LTM revenue by segment. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>按部门划分的英特尔 LTM 收入。数据来源：公司文件</span></p></blockquote></p><p> Intel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.</p><p><blockquote>英特尔公布的季度业绩又令人失望，但我们认为这并不出乎意料。当然，与 NVDA 和 AMD 相比，该公司的数据中心业务 (DCG) 仍然令人失望。然而，INTC 投资者不应感到惊讶。</blockquote></p><p></p><p> DCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger &amp; Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.</p><p><blockquote>DCG 第三季度季度收入同比增长 10%。然而，自 2020 年第二季度以来，DCG 的收入在过去 12 个月 (LTM) 的基础上一直呈下降趋势。在AMD最近的一篇文章中，我们提到Omdia估计AMD的数据中心份额在Q2’21历史上首次超过15%。回想起来，就在四年前，英特尔在这一领域几乎完全占据主导地位。它清楚地表明，前任管理层的严重失误是如何破坏了其之前“无懈可击”的领导力的。现在，基辛格公司面临着一项艰巨的任务，那就是试图扭转英特尔日益衰落的命运。随着 AMD 以英特尔为代价占据技术领先地位，这看起来肯定是一个“轻松的赌注”，该公司可能会继续跑赢大盘。</blockquote></p><p> Intel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.</p><p><blockquote>英特尔客户端计算集团 (CCG) 在第三季度的表现令人失望。其收入同比分别下降1.9%和4.4%。值得注意的是，它发生在2021年个人电脑销售强劲复苏之际。在苹果（AAPL）最近的一篇文章中，我们提到苹果的Mac部门在2021年表现非常好。仅在前三个 FQ 中，Mac 就超过了过去三年的每个财年的收入。它的复苏也符合业内观察到的趋势。</blockquote></p><p> Counterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021&nbsp;at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"</p><p><blockquote>Counterpoint Research 指出，“2021 年第三季度，全球个人电脑出货量连续第六年同比增长，达到 8420 万台。尽管零部件短缺和其他供应限制持续存在，但情况依然如此。”尽管如此，该公司还强调，“[第三季度]9.3% 的同比增长意味着自 2020 年第三季度以来连续四个季度实现两位数同比增长后，个人电脑出货量势头正在放缓。”</blockquote></p><p> Notwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that&nbsp;Apple's YoY shipment growth in CQ2&nbsp;was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.</p><p><blockquote>尽管如此，Mac 似乎在第三季度表现强劲。IDC报告称，苹果第二季度出货量同比增长9.4%。此外，Counterpoint research 指出，第三季度 Mac 出货量同比增长加速至 10.6%。因此，有趣的是，Mac在第三季度的增长速度甚至超过了行业平均水平。因此，Mac的全球市场份额增长到8.7%。</blockquote></p><p> Therefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.</p><p><blockquote>因此，苹果自从与英特尔芯片脱钩以来，似乎一直做得很好。尽管基辛格对未来通过“更好的产品”赢回苹果的业务仍然持乐观态度，但离婚目前看来已经“敲定”。但半导体公司的投资者应该记住，当涉及到技术领先地位时，永远不要说永远。英特尔仍然是一家高利润的公司，因此有足够的资金和信念去竞争。它能否推翻AMD和NVDA的领导地位还有待观察。但千万不要这么早就注销公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c622b359fd3a73cac53c0e4410177c3\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>INTC and AMD LTM gross margins. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC 和 AMD LTM 毛利率。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> Pat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:</p><p><blockquote>帕特·基辛格 (Pat Gelsinger) 宣布了一项雄心勃勃的计划，以占据技术领先地位。它主要基于其“四年内五个工艺节点”的追求，以从台积电 (TSM) 手中夺取代工领导权。此外，该公司还愿意“重置”毛利率，以同时与AMD和NVDA竞争。即将离任的首席财务官乔治·戴维斯强调：</blockquote></p><p>   <i>We expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years</i>. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology,   <i>we expect gross margins between 51% and 53% over the next 2 to 3 years</i>before moving upward. (from Intel Q3 earnings call)  We find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su &amp; Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.</p><p><blockquote><i>我们预计未来 4 至 5 年内收入增长将加速至 10% 至 12% 的复合年增长率</i>.就毛利率而言，随着我们对产能的投资和我们工艺技术的加速，<i>我们预计未来 2 至 3 年毛利率将在 51% 至 53% 之间</i>在向上移动之前。（摘自英特尔第三季度财报看涨期权）我们觉得这很有趣。是的，流程领导和产能扩张的投资将影响其盈利能力。但英特尔认识到这至少是一个五年的过程。此时，该公司是否要让 Lisa Su &amp; Co. 博士承担所有荣耀，而英特尔则解决其问题？显然不是。帕特认识到他需要一个权宜之计的解决方案。除了说“我们现在正在降价”来与AMD竞争之外，这是最接近的了。</blockquote></p><p> We also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators&nbsp;that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger &amp; Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.</p><p><blockquote>我们还在之前的AMD文章（发表于9月20日）中强调，“最近有报道称，英特尔准备降低其数据中心芯片的价格。此举被认为是必要的”，以吸引已经转向竞争对手先进微设备的数据中心运营商回来。”否则，基辛格公司怎么能如此有信心阻止 AMD 的持续成功？英特尔宣布了一项雄心勃勃的计划，即在未来四到五年内将收入复合年增长率提高 10% 到 12%。英特尔正试图将自己转变为一家成长型公司。如果你想成长，又没有技术领先，就必须放弃一些利润。这绝对有道理。</blockquote></p><p></p><p> The good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su &amp; Co., you have been cautioned.</p><p><blockquote>好的一面是，英特尔已经是一家高利润的公司。自利润率超过 60% 时以来，其毛利率明显下降。不过，其56.3%的LTM利润率仍明显高于AMD的46.8%。因此，英特尔的计划是可信的。该公司现在将在定价方面与 AMD 正面竞争，同时投资占据代工领先地位。苏丽莎博士，你已经被警告过了。</blockquote></p><p> <b>AMD Continues Its Gangbusters Growth</b></p><p><blockquote><b>AMD 继续强劲增长</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb460f1a24eeac1ff3e46cc0ebd78f3\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD quarterly revenue by segment. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD 按细分市场划分的季度收入。数据来源：公司文件</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5df5298fbc9733b0c0a8b1110c401ba\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD revenue segments YoY growth. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD 收入部门同比增长。数据来源：公司文件</span></p></blockquote></p><p> There's little doubt that Dr. Lisa Su &amp; Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.</p><p><blockquote>毫无疑问，Lisa Su &amp; Co. 博士充分利用了英特尔的绝对混乱。该公司一直在全力以赴，因为它的表现轻松超出了预期。它在所有细分市场继续表现出巨大的实力。第三季度，Advanced Micro Devices 的计算和图形业务收入同比增长 43.9%。此外，随着 AMD 的收入同比增长 68.9%，其企业、嵌入式和半定制 (EESC) 部门继续保持惊人的表现。因此，AMD无疑将英特尔在数据中心的损失发挥到了最大。此外，其计算和图形增长也非常惊人。AMD的增长速度无疑比市场快得多。</blockquote></p><p> In fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:</p><p><blockquote>事实上，AMD 继续预计第四季度将实现强劲的环比增长。AMD强调：</blockquote></p><p>   We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately   <i>39% year-over-year and approximately 4% sequentially</i>. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021,   <i>we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses</i>, up from the prior guidance of 60%. (from AMD FQ3 earnings call)  For a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.</p><p><blockquote>我们预计收入约为 45 亿美元，上下浮动 1 亿美元，增长约<i>同比增长 39%，环比增长约 4%</i>预计同比增长将受到所有业务增长的推动。预计环比增长是由服务器和半定制销售的增长推动的。2021年全年，<i>我们现在预计，在所有业务增长的推动下，2020 年收入将增长约 65%</i>高于之前 60% 的指导值。（摘自 AMD 第三季度财报看涨期权）对于一家告诉您预计 2020 财年同比增长 65% 的公司来说，很明显它已经取得了惊人的业绩。因此，市场应该奖励AMD投资者。在经历了年初的挫折之后，AMD 股票的表现显然优于市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af9edf4c4d4b8055eee2f32456b6589d\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>AMD est. revenue and EBITDA mean consensus. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD是。收入和 EBITDA 意味着共识。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> However, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.</p><p><blockquote>然而，我们认为投资者需要考虑 AMD 未来的表现。继出色的第三季度成绩单之后，市场普遍预期也被上调。AMD 预计收入复合年增长率为 30.2%，EBITDA 复合年增长率为 50.4%。与该公司 2021 财年 65% 的收入同比增长指引相比，这是一个明显的放缓。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/970fd9b4cebec404a6c9bcc8c5b18140\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"><span>AMD LTM revenue and EBITDA. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD LTM 收入和 EBITDA。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> Importantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.</p><p><blockquote>重要的是，AMD 的 LTM 收入和 EBITDA 在过去四年中的复合年增长率分别为 31.2% 和 160%。因此，AMD 不太可能实现如此巨大的增长。因此，投资者在考虑购买其股票时需要降低预期。他们不能指望 AMD 继续以如此惊人的增长率不断增长。我们知道这听起来不错，但它根本不可持续。</blockquote></p><p> We can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.</p><p><blockquote>我们也可以从其第三季度的表现中观察到。与前两个季度相比，2021 年第三季度其各部门的同比增长最慢。所以它本身并不慢，但增长似乎正在减速。因此，AMD的投资者们，你们已经被提醒了。</blockquote></p><p> <b>Nvidia Is Expected To Post Slower Much Growth Than Before</b></p><p><blockquote><b>预计英伟达的增长将比以前慢得多</b></blockquote></p><p> Jensen Huang &amp; Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.</p><p><blockquote>黄仁勋公司将于 11 月 17 日发布 22 财年第三季度成绩单。过去，其财报会议往往是备受期待的活动。它的投资者、PC极客和游戏玩家都喜欢NVDA。</blockquote></p><p> The company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.</p><p><blockquote>根据之前的盈利看涨期权，该公司预计第三季度收入为 $6.8B。共识估计也符合公司的指引。然而，在我们之前的 Nvidia 文章中，我们强调该公司主要细分市场的收入增长似乎正在放缓。</blockquote></p><p> Datacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.</p><p><blockquote>2022 年第二季度数据中心同比增长降至 35%。而且，游戏也出现了放缓的迹象。第二季度的同比增长也放缓至 85%。受此影响，该公司第二季度整体收入同比增速放缓至68.3%。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa0d4e579274e870b43dadcb6aa0be7\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>NVDA actual and est. quarterly revenue YoY growth. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>NVDA实际和预计。季度收入同比增长。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> Notably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang &amp; Co. to beat.</p><p><blockquote>值得注意的是，即使最近修订了预期，英伟达预计在 2022 年第三季度及以后的同比增长仍将放缓。事实上，减速看起来令人担忧。投资者可能不得不降低对 NVDA 未来强劲增长势头的预期。没有什么是永远沿一条直线上升的。展望未来，黄仁勋公司将越来越难以击败收入竞争。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0873d94239c63b839b483644a71fe429\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>NVDA earnings beats/misses. Source: Seeking Alpha Premium</span></p><p><blockquote><p class=\"t-img-caption\"><span>NVDA 盈利超出/超出预期。资料来源：Seeking Alpha Premium</span></p></blockquote></p><p> Notwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.</p><p><blockquote>尽管如此，我们认识到 NVDA 也可能在其指导中淡化预期。我们注意到，NVDA 在过去四年中仅未达到一个季度预期。这是一场几乎完美无瑕的表演。值得注意的是，尽管 NVDA 的表现一直优于其指引，但这些节拍并不是令人难以置信的巨大。我们的意思是，投资者不应该完全忽视普遍的估计，认为这是不合时宜的。随着时间的推移，它们变得相当准确。因此，尽管 NVDA 可能会将之前的指导视为可能超额交割，但他们并没有超额交割。</blockquote></p><p> We understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.</p><p><blockquote>我们了解到，一些 NVDA 投资者预计其 TAM 扩展到其软件堆栈、omniverse 应用程序和云游戏扩展。</blockquote></p><p> We recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.</p><p><blockquote>我们认识到 NVDA 为将自己转变为一家拥有巨大 GPU 主导地位的人工智能公司所付出的令人难以置信的努力。加上其DPU和CPU的突破，硬件战略看起来非常令人印象深刻。此外，Nvidia 的 AI Enterprise 现在向客户提供完整的 AI Enterprise 软件套件。鉴于目前其平台上的开发者数量，我们认为其领导地位是安全的。随着越来越多的开发者加入，这个生态系统会变得更加强大。如果该公司能够完成对 Arm 的收购，我们认为英特尔或 AMD 不可能赶上。</blockquote></p><p> The main problem is that Nvidia couldn't/is not willing to put a timeline to<i>when they would derive meaningful revenues from its software stack.</i>Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"</p><p><blockquote>主要问题是Nvidia不能/不愿意为<i>当他们从其软件堆栈中获得有意义的收入时。</i>Nvidia 最近只能补充道：“但正如 [我们] 所说，[我们] 向您引用的 Nvidia enterprise 和 Omniverse enterprise 的价值数十亿美元的机会，我们认为这些是非常真实的机会，对吗？”</blockquote></p><p> <b>So, Which Chip Stock Is The Better Buy?</b></p><p><blockquote><b>那么，哪只芯片股票更值得购买呢？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97466fa7c05502ccb3d3fb348c1fbedd\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>AMD stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD 股票 EV/NTM EBITDA 3 年平均值。</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58c3575f8db9aafef9a106f36114a1b7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>NVDA stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>NVDA 股票 EV/NTM EBITDA 3 年平均值。</span></p></blockquote></p><p> AMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.</p><p><blockquote>AMD 股票目前的 EV/NTM EBITDA 为 29.7 倍。其 3 年 NTM EBITDA 平均值为 30.8 倍。因此，投资者可以认为 AMD 目前的估值可能相当合理。相比之下，NVDA 股票的 EV/NTM EBITDA 为 53.5 倍。其 3 年 NTM EBITDA 均值为 41.6 倍。因此，该股的交易价格比 3 年平均水平高出约 28.6%。因此，我们认为 NVDA 股票目前看起来被高估了。再加上未来收入增长可能放缓，糟糕的季度可能会导致潜在的价值压缩。否则，由于估值过高，2023年潜在的产能过剩问题也可能对NVDA股票造成沉重打击。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/467ed7eaf7cb4b7aed414494c2110be8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>INTC stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC 股票 EV/NTM EBITDA 3 年平均值。</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55716ccea92c6410434d2f1ab7d3ef15\" tg-width=\"640\" tg-height=\"265\" referrerpolicy=\"no-referrer\"><span>INTC stock LTM dividend yield. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC股票LTM股息收益率。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> INTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.</p><p><blockquote>INTC 股票的 EV/NTM EBITDA 为 6.7 倍。这明显低于 3 年平均值 7.6 倍。因此，INTC显然是一个价值游戏，而不是一个增长游戏。多年来，它还为投资者提供了可观的股息收益率。由于最近第三季度后的抛售，年化收益率已恢复至 2.8%。多年来，INTC 投资者对其强劲的盈利能力和稳定的股息收益率感到非常满意。这些价值和股息收入投资者投资 INTC 股票并不是为了增长。他们投资它是为了它的价值和股息。</blockquote></p><p></p><p> Pat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.</p><p><blockquote>帕特·基辛格雄心勃勃的增长计划给了他们一个意想不到的曲线球。当英特尔宣布这些计划将对其盈利能力产生明显影响时，他们担心自己的股息。也许，基辛格寄希望于其投资者基础的更替。如果该公司在其增长路线图上取得成功，它可能会成为一个巨大的赢家。鉴于现在的预期如此之低，该股甚至不需要取得巨大成功就能被重新上调评级。INTC 与其增长更快的同行之间增长溢价的巨大差异引人注目。我们认为，有耐心并愿意度过短期波动的投资者可能会发现 INTC 股票现在的估值很有吸引力。再加上 2.8% 的股息收益率，它为其前提增添了更多光彩。再加上潜在的增长重新评级，该股看起来确实很有吸引力。</blockquote></p><p> Despite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.</p><p><blockquote>尽管如此，INTC的长期势头仍然疲软。该股的长期价格走势也远弱于 AMD 股票。我们记得巴菲特强调，他毫不犹豫地为一家出色的公司支付合理的价格。</blockquote></p><p> Therefore, we think&nbsp;<i>AMD stock represents our preferred Buy</i>&nbsp;for now.<i>INTC stock is also a Buy</i>&nbsp;for dividend and value investors. At the same time, we&nbsp;<i>retain our Neutral rating on NVDA</i>.</p><p><blockquote>因此，我们认为<i>AMD 股票是我们的首选买入</i>暂时。<i>INTC 股票也值得买入</i>对于股息和价值投资者。同时，我们<i>维持对 NVDA 的中性评级</i>.</blockquote></p><p> This article was written by&nbsp;JR Research.</p><p><blockquote>本文由JR Research撰写。</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>Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?<blockquote>英特尔、英伟达还是 AMD：哪只芯片股票更值得购买？</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\">\nIntel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?<blockquote>英特尔、英伟达还是 AMD：哪只芯片股票更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-10-29 11:01</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>Intel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.</li>  <li>Advanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su &amp; Co. is making the most out of Intel's stumbles.</li>  <li>Nvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.</li>  <li>We discuss which semiconductor stock is the better buy now.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c8b907cc53a6667f686b7acaf873b0a\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>英特尔公布的收益相当不错。然而，市场对其雄心勃勃的增长计划感到困惑。</li><li>Advanced Micro Devices 在 2021 财年继续取得惊人的业绩。Lisa Su &amp; Co. 博士正在充分利用英特尔的失误。</li><li>英伟达将于11月17日发布第三季度成绩单。公司增长势头预计将继续放缓。</li><li>我们讨论现在哪种半导体股票更值得购买。</li></ul><p class=\"t-img-caption\"><span>杂项摄影/iStock 社论来自 Getty Images</span></p></blockquote></p><p> <b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p> Advanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.</p><p><blockquote>Advanced Micro Devices, Inc. (AMD) 最近发布了一份精彩的第三季度成绩单。该公司还轻松超出了市场普遍预期，并重申了 AMD 作为领先半导体公司之一的地位。</blockquote></p><p> Notably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger &amp; Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.</p><p><blockquote>值得注意的是，该公司实现了上涨，而英特尔 (INTC) 报告了一系列我们认为实际上相当不错的业绩。人们对数据中心性能不佳表示担忧，但这是意料之中的。然而，市场并不喜欢 Pat Gelsinger &amp; Co. 在财报公布后发出的电报和对该股的猛烈抨击。英特尔传达了其寻求重新夺回工艺节点领导地位的成本。然而，投资者似乎并不确定该公司雄心勃勃的计划。再加上盈利能力减弱和自由现金流前景，一些价值导向的投资者似乎已经走向退出。</blockquote></p><p> Nvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang &amp; Co. see \"sequential growth&nbsp;driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.</p><p><blockquote>英伟达 (NVDA) 将于 11 月 17 日发布第三季度成绩单。该公司此前曾预测本季度表现强劲。黄仁勋公司认为“主要由数据中心需求加速推动的连续增长”。该公司还预计其三个市场都将实现增长，尤其是游戏市场。鉴于 AMD 的强劲表现，投资者的期望也很高。因此，随着 NVDA 股价本周创下历史新高 (ATH)，投资者热切期待 NVDA 的财报发布。</blockquote></p><p> We will discuss which semiconductor stock is the better buy now between them.</p><p><blockquote>我们将讨论现在哪只半导体股票更值得购买。</blockquote></p><p> <b>INTC, NVDA, AMD Stock YTD Performance</b></p><p><blockquote><b>INTC、NVDA、AMD 股票年初至今表现</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc276e3bd3b1b72a0413e8be2d14ebe3\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>INTC, NVDA, AMD stock YTD performance (as of 27 October 21).</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC、NVDA、AMD股票年初至今表现（截至21年10月27日）。</span></p></blockquote></p><p> NVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.</p><p><blockquote>到目前为止，NVDA 股票继续享受非凡的一年。该股本周创下新高，年初至今回报率飙升至 87.3%。看跌 NVDA 的投资者可以畅所欲言，但我们从未采用看跌 NVDA 股票的论点。这根本说不通。该股在寻求 Alpha 全年动量评级方面拥有最好的 A+。因此，我们真的无法理解那些看跌的论点。AMD 股票位居第二，年初至今涨幅为 33.3%。该股似乎远远落后于 NVDA 股票令人难以置信的表现。然而，投资者应该考虑到 AMD 股票在 2021 年上半年的大部分时间里都处于亏损状态。因此，其在 H2'21 的巨大势头激增确实令人印象深刻。因此，该股的势头在 Seeking Alpha 中也被评为 A 级。</blockquote></p><p> In contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.</p><p><blockquote>相比之下，长期表现不佳的 INTC 股票继续表现不佳。该股开局非常光明，年初至今上涨了 40%。然而，它的势头已经完全消失了。目前，与 AMD 股票和 NVDA 股票相比，其年初至今 3.9% 的跌幅看起来很糟糕。此外，Seeking Alpha 还在 momentum 上给予其 D+ 评级。</blockquote></p><p> <b>Intel FQ3 Report Card Is Telling Of Its Weakening Leadership</b></p><p><blockquote><b>英特尔第三季度成绩单显示其领导地位正在减弱</b></blockquote></p><p> There's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.</p><p><blockquote>毫无疑问，AMD 充分利用了其最近对英特尔的统治地位。然而，更令英特尔投资者担忧、同样令 AMD 投资者感到鼓舞的是他们各自首席执行官提供的清晰度。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f910460f850f7c0c3bd3508e0812fa7b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Intel LTM revenue by segment. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>按部门划分的英特尔 LTM 收入。数据来源：公司文件</span></p></blockquote></p><p> Intel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.</p><p><blockquote>英特尔公布的季度业绩又令人失望，但我们认为这并不出乎意料。当然，与 NVDA 和 AMD 相比，该公司的数据中心业务 (DCG) 仍然令人失望。然而，INTC 投资者不应感到惊讶。</blockquote></p><p></p><p> DCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger &amp; Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.</p><p><blockquote>DCG 第三季度季度收入同比增长 10%。然而，自 2020 年第二季度以来，DCG 的收入在过去 12 个月 (LTM) 的基础上一直呈下降趋势。在AMD最近的一篇文章中，我们提到Omdia估计AMD的数据中心份额在Q2’21历史上首次超过15%。回想起来，就在四年前，英特尔在这一领域几乎完全占据主导地位。它清楚地表明，前任管理层的严重失误是如何破坏了其之前“无懈可击”的领导力的。现在，基辛格公司面临着一项艰巨的任务，那就是试图扭转英特尔日益衰落的命运。随着 AMD 以英特尔为代价占据技术领先地位，这看起来肯定是一个“轻松的赌注”，该公司可能会继续跑赢大盘。</blockquote></p><p> Intel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.</p><p><blockquote>英特尔客户端计算集团 (CCG) 在第三季度的表现令人失望。其收入同比分别下降1.9%和4.4%。值得注意的是，它发生在2021年个人电脑销售强劲复苏之际。在苹果（AAPL）最近的一篇文章中，我们提到苹果的Mac部门在2021年表现非常好。仅在前三个 FQ 中，Mac 就超过了过去三年的每个财年的收入。它的复苏也符合业内观察到的趋势。</blockquote></p><p> Counterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021&nbsp;at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"</p><p><blockquote>Counterpoint Research 指出，“2021 年第三季度，全球个人电脑出货量连续第六年同比增长，达到 8420 万台。尽管零部件短缺和其他供应限制持续存在，但情况依然如此。”尽管如此，该公司还强调，“[第三季度]9.3% 的同比增长意味着自 2020 年第三季度以来连续四个季度实现两位数同比增长后，个人电脑出货量势头正在放缓。”</blockquote></p><p> Notwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that&nbsp;Apple's YoY shipment growth in CQ2&nbsp;was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.</p><p><blockquote>尽管如此，Mac 似乎在第三季度表现强劲。IDC报告称，苹果第二季度出货量同比增长9.4%。此外，Counterpoint research 指出，第三季度 Mac 出货量同比增长加速至 10.6%。因此，有趣的是，Mac在第三季度的增长速度甚至超过了行业平均水平。因此，Mac的全球市场份额增长到8.7%。</blockquote></p><p> Therefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.</p><p><blockquote>因此，苹果自从与英特尔芯片脱钩以来，似乎一直做得很好。尽管基辛格对未来通过“更好的产品”赢回苹果的业务仍然持乐观态度，但离婚目前看来已经“敲定”。但半导体公司的投资者应该记住，当涉及到技术领先地位时，永远不要说永远。英特尔仍然是一家高利润的公司，因此有足够的资金和信念去竞争。它能否推翻AMD和NVDA的领导地位还有待观察。但千万不要这么早就注销公司。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c622b359fd3a73cac53c0e4410177c3\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>INTC and AMD LTM gross margins. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC 和 AMD LTM 毛利率。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> Pat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:</p><p><blockquote>帕特·基辛格 (Pat Gelsinger) 宣布了一项雄心勃勃的计划，以占据技术领先地位。它主要基于其“四年内五个工艺节点”的追求，以从台积电 (TSM) 手中夺取代工领导权。此外，该公司还愿意“重置”毛利率，以同时与AMD和NVDA竞争。即将离任的首席财务官乔治·戴维斯强调：</blockquote></p><p>   <i>We expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years</i>. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology,   <i>we expect gross margins between 51% and 53% over the next 2 to 3 years</i>before moving upward. (from Intel Q3 earnings call)  We find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su &amp; Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.</p><p><blockquote><i>我们预计未来 4 至 5 年内收入增长将加速至 10% 至 12% 的复合年增长率</i>.就毛利率而言，随着我们对产能的投资和我们工艺技术的加速，<i>我们预计未来 2 至 3 年毛利率将在 51% 至 53% 之间</i>在向上移动之前。（摘自英特尔第三季度财报看涨期权）我们觉得这很有趣。是的，流程领导和产能扩张的投资将影响其盈利能力。但英特尔认识到这至少是一个五年的过程。此时，该公司是否要让 Lisa Su &amp; Co. 博士承担所有荣耀，而英特尔则解决其问题？显然不是。帕特认识到他需要一个权宜之计的解决方案。除了说“我们现在正在降价”来与AMD竞争之外，这是最接近的了。</blockquote></p><p> We also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators&nbsp;that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger &amp; Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.</p><p><blockquote>我们还在之前的AMD文章（发表于9月20日）中强调，“最近有报道称，英特尔准备降低其数据中心芯片的价格。此举被认为是必要的”，以吸引已经转向竞争对手先进微设备的数据中心运营商回来。”否则，基辛格公司怎么能如此有信心阻止 AMD 的持续成功？英特尔宣布了一项雄心勃勃的计划，即在未来四到五年内将收入复合年增长率提高 10% 到 12%。英特尔正试图将自己转变为一家成长型公司。如果你想成长，又没有技术领先，就必须放弃一些利润。这绝对有道理。</blockquote></p><p></p><p> The good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su &amp; Co., you have been cautioned.</p><p><blockquote>好的一面是，英特尔已经是一家高利润的公司。自利润率超过 60% 时以来，其毛利率明显下降。不过，其56.3%的LTM利润率仍明显高于AMD的46.8%。因此，英特尔的计划是可信的。该公司现在将在定价方面与 AMD 正面竞争，同时投资占据代工领先地位。苏丽莎博士，你已经被警告过了。</blockquote></p><p> <b>AMD Continues Its Gangbusters Growth</b></p><p><blockquote><b>AMD 继续强劲增长</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb460f1a24eeac1ff3e46cc0ebd78f3\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD quarterly revenue by segment. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD 按细分市场划分的季度收入。数据来源：公司文件</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5df5298fbc9733b0c0a8b1110c401ba\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD revenue segments YoY growth. Data source: Company filings</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD 收入部门同比增长。数据来源：公司文件</span></p></blockquote></p><p> There's little doubt that Dr. Lisa Su &amp; Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.</p><p><blockquote>毫无疑问，Lisa Su &amp; Co. 博士充分利用了英特尔的绝对混乱。该公司一直在全力以赴，因为它的表现轻松超出了预期。它在所有细分市场继续表现出巨大的实力。第三季度，Advanced Micro Devices 的计算和图形业务收入同比增长 43.9%。此外，随着 AMD 的收入同比增长 68.9%，其企业、嵌入式和半定制 (EESC) 部门继续保持惊人的表现。因此，AMD无疑将英特尔在数据中心的损失发挥到了最大。此外，其计算和图形增长也非常惊人。AMD的增长速度无疑比市场快得多。</blockquote></p><p> In fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:</p><p><blockquote>事实上，AMD 继续预计第四季度将实现强劲的环比增长。AMD强调：</blockquote></p><p>   We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately   <i>39% year-over-year and approximately 4% sequentially</i>. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021,   <i>we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses</i>, up from the prior guidance of 60%. (from AMD FQ3 earnings call)  For a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.</p><p><blockquote>我们预计收入约为 45 亿美元，上下浮动 1 亿美元，增长约<i>同比增长 39%，环比增长约 4%</i>预计同比增长将受到所有业务增长的推动。预计环比增长是由服务器和半定制销售的增长推动的。2021年全年，<i>我们现在预计，在所有业务增长的推动下，2020 年收入将增长约 65%</i>高于之前 60% 的指导值。（摘自 AMD 第三季度财报看涨期权）对于一家告诉您预计 2020 财年同比增长 65% 的公司来说，很明显它已经取得了惊人的业绩。因此，市场应该奖励AMD投资者。在经历了年初的挫折之后，AMD 股票的表现显然优于市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af9edf4c4d4b8055eee2f32456b6589d\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>AMD est. revenue and EBITDA mean consensus. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD是。收入和 EBITDA 意味着共识。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> However, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.</p><p><blockquote>然而，我们认为投资者需要考虑 AMD 未来的表现。继出色的第三季度成绩单之后，市场普遍预期也被上调。AMD 预计收入复合年增长率为 30.2%，EBITDA 复合年增长率为 50.4%。与该公司 2021 财年 65% 的收入同比增长指引相比，这是一个明显的放缓。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/970fd9b4cebec404a6c9bcc8c5b18140\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"><span>AMD LTM revenue and EBITDA. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD LTM 收入和 EBITDA。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> Importantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.</p><p><blockquote>重要的是，AMD 的 LTM 收入和 EBITDA 在过去四年中的复合年增长率分别为 31.2% 和 160%。因此，AMD 不太可能实现如此巨大的增长。因此，投资者在考虑购买其股票时需要降低预期。他们不能指望 AMD 继续以如此惊人的增长率不断增长。我们知道这听起来不错，但它根本不可持续。</blockquote></p><p> We can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.</p><p><blockquote>我们也可以从其第三季度的表现中观察到。与前两个季度相比，2021 年第三季度其各部门的同比增长最慢。所以它本身并不慢，但增长似乎正在减速。因此，AMD的投资者们，你们已经被提醒了。</blockquote></p><p> <b>Nvidia Is Expected To Post Slower Much Growth Than Before</b></p><p><blockquote><b>预计英伟达的增长将比以前慢得多</b></blockquote></p><p> Jensen Huang &amp; Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.</p><p><blockquote>黄仁勋公司将于 11 月 17 日发布 22 财年第三季度成绩单。过去，其财报会议往往是备受期待的活动。它的投资者、PC极客和游戏玩家都喜欢NVDA。</blockquote></p><p> The company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.</p><p><blockquote>根据之前的盈利看涨期权，该公司预计第三季度收入为 $6.8B。共识估计也符合公司的指引。然而，在我们之前的 Nvidia 文章中，我们强调该公司主要细分市场的收入增长似乎正在放缓。</blockquote></p><p> Datacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.</p><p><blockquote>2022 年第二季度数据中心同比增长降至 35%。而且，游戏也出现了放缓的迹象。第二季度的同比增长也放缓至 85%。受此影响，该公司第二季度整体收入同比增速放缓至68.3%。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa0d4e579274e870b43dadcb6aa0be7\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>NVDA actual and est. quarterly revenue YoY growth. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>NVDA实际和预计。季度收入同比增长。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> Notably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang &amp; Co. to beat.</p><p><blockquote>值得注意的是，即使最近修订了预期，英伟达预计在 2022 年第三季度及以后的同比增长仍将放缓。事实上，减速看起来令人担忧。投资者可能不得不降低对 NVDA 未来强劲增长势头的预期。没有什么是永远沿一条直线上升的。展望未来，黄仁勋公司将越来越难以击败收入竞争。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0873d94239c63b839b483644a71fe429\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>NVDA earnings beats/misses. Source: Seeking Alpha Premium</span></p><p><blockquote><p class=\"t-img-caption\"><span>NVDA 盈利超出/超出预期。资料来源：Seeking Alpha Premium</span></p></blockquote></p><p> Notwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.</p><p><blockquote>尽管如此，我们认识到 NVDA 也可能在其指导中淡化预期。我们注意到，NVDA 在过去四年中仅未达到一个季度预期。这是一场几乎完美无瑕的表演。值得注意的是，尽管 NVDA 的表现一直优于其指引，但这些节拍并不是令人难以置信的巨大。我们的意思是，投资者不应该完全忽视普遍的估计，认为这是不合时宜的。随着时间的推移，它们变得相当准确。因此，尽管 NVDA 可能会将之前的指导视为可能超额交割，但他们并没有超额交割。</blockquote></p><p> We understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.</p><p><blockquote>我们了解到，一些 NVDA 投资者预计其 TAM 扩展到其软件堆栈、omniverse 应用程序和云游戏扩展。</blockquote></p><p> We recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.</p><p><blockquote>我们认识到 NVDA 为将自己转变为一家拥有巨大 GPU 主导地位的人工智能公司所付出的令人难以置信的努力。加上其DPU和CPU的突破，硬件战略看起来非常令人印象深刻。此外，Nvidia 的 AI Enterprise 现在向客户提供完整的 AI Enterprise 软件套件。鉴于目前其平台上的开发者数量，我们认为其领导地位是安全的。随着越来越多的开发者加入，这个生态系统会变得更加强大。如果该公司能够完成对 Arm 的收购，我们认为英特尔或 AMD 不可能赶上。</blockquote></p><p> The main problem is that Nvidia couldn't/is not willing to put a timeline to<i>when they would derive meaningful revenues from its software stack.</i>Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"</p><p><blockquote>主要问题是Nvidia不能/不愿意为<i>当他们从其软件堆栈中获得有意义的收入时。</i>Nvidia 最近只能补充道：“但正如 [我们] 所说，[我们] 向您引用的 Nvidia enterprise 和 Omniverse enterprise 的价值数十亿美元的机会，我们认为这些是非常真实的机会，对吗？”</blockquote></p><p> <b>So, Which Chip Stock Is The Better Buy?</b></p><p><blockquote><b>那么，哪只芯片股票更值得购买呢？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97466fa7c05502ccb3d3fb348c1fbedd\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>AMD stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AMD 股票 EV/NTM EBITDA 3 年平均值。</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58c3575f8db9aafef9a106f36114a1b7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>NVDA stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>NVDA 股票 EV/NTM EBITDA 3 年平均值。</span></p></blockquote></p><p> AMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.</p><p><blockquote>AMD 股票目前的 EV/NTM EBITDA 为 29.7 倍。其 3 年 NTM EBITDA 平均值为 30.8 倍。因此，投资者可以认为 AMD 目前的估值可能相当合理。相比之下，NVDA 股票的 EV/NTM EBITDA 为 53.5 倍。其 3 年 NTM EBITDA 均值为 41.6 倍。因此，该股的交易价格比 3 年平均水平高出约 28.6%。因此，我们认为 NVDA 股票目前看起来被高估了。再加上未来收入增长可能放缓，糟糕的季度可能会导致潜在的价值压缩。否则，由于估值过高，2023年潜在的产能过剩问题也可能对NVDA股票造成沉重打击。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/467ed7eaf7cb4b7aed414494c2110be8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>INTC stock EV/NTM EBITDA 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC 股票 EV/NTM EBITDA 3 年平均值。</span></p></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55716ccea92c6410434d2f1ab7d3ef15\" tg-width=\"640\" tg-height=\"265\" referrerpolicy=\"no-referrer\"><span>INTC stock LTM dividend yield. Data source: S&amp;P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>INTC股票LTM股息收益率。数据来源：S&amp;P Capital IQ</span></p></blockquote></p><p> INTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.</p><p><blockquote>INTC 股票的 EV/NTM EBITDA 为 6.7 倍。这明显低于 3 年平均值 7.6 倍。因此，INTC显然是一个价值游戏，而不是一个增长游戏。多年来，它还为投资者提供了可观的股息收益率。由于最近第三季度后的抛售，年化收益率已恢复至 2.8%。多年来，INTC 投资者对其强劲的盈利能力和稳定的股息收益率感到非常满意。这些价值和股息收入投资者投资 INTC 股票并不是为了增长。他们投资它是为了它的价值和股息。</blockquote></p><p></p><p> Pat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.</p><p><blockquote>帕特·基辛格雄心勃勃的增长计划给了他们一个意想不到的曲线球。当英特尔宣布这些计划将对其盈利能力产生明显影响时，他们担心自己的股息。也许，基辛格寄希望于其投资者基础的更替。如果该公司在其增长路线图上取得成功，它可能会成为一个巨大的赢家。鉴于现在的预期如此之低，该股甚至不需要取得巨大成功就能被重新上调评级。INTC 与其增长更快的同行之间增长溢价的巨大差异引人注目。我们认为，有耐心并愿意度过短期波动的投资者可能会发现 INTC 股票现在的估值很有吸引力。再加上 2.8% 的股息收益率，它为其前提增添了更多光彩。再加上潜在的增长重新评级，该股看起来确实很有吸引力。</blockquote></p><p> Despite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.</p><p><blockquote>尽管如此，INTC的长期势头仍然疲软。该股的长期价格走势也远弱于 AMD 股票。我们记得巴菲特强调，他毫不犹豫地为一家出色的公司支付合理的价格。</blockquote></p><p> Therefore, we think&nbsp;<i>AMD stock represents our preferred Buy</i>&nbsp;for now.<i>INTC stock is also a Buy</i>&nbsp;for dividend and value investors. At the same time, we&nbsp;<i>retain our Neutral rating on NVDA</i>.</p><p><blockquote>因此，我们认为<i>AMD 股票是我们的首选买入</i>暂时。<i>INTC 股票也值得买入</i>对于股息和价值投资者。同时，我们<i>维持对 NVDA 的中性评级</i>.</blockquote></p><p> This article was written by&nbsp;JR Research.</p><p><blockquote>本文由JR Research撰写。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy\">Seeking Alpha</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":{"INTC":"英特尔","NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122237204","content_text":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su & Co. is making the most out of Intel's stumbles.\nNvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.\nWe discuss which semiconductor stock is the better buy now.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nAdvanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.\nNotably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger & Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.\nNvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang & Co. see \"sequential growth driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.\nWe will discuss which semiconductor stock is the better buy now between them.\nINTC, NVDA, AMD Stock YTD Performance\nINTC, NVDA, AMD stock YTD performance (as of 27 October 21).\nNVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.\nIn contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.\nIntel FQ3 Report Card Is Telling Of Its Weakening Leadership\nThere's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.\nIntel LTM revenue by segment. Data source: Company filings\nIntel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.\nDCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger & Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.\nIntel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.\nCounterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021 at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"\nNotwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that Apple's YoY shipment growth in CQ2 was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.\nTherefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.\nINTC and AMD LTM gross margins. Data source: S&P Capital IQ\nPat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:\n\nWe expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n we expect gross margins between 51% and 53% over the next 2 to 3 yearsbefore moving upward. (from Intel Q3 earnings call)\n\nWe find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su & Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.\nWe also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger & Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.\nThe good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su & Co., you have been cautioned.\nAMD Continues Its Gangbusters Growth\nAMD quarterly revenue by segment. Data source: Company filings\nAMD revenue segments YoY growth. Data source: Company filings\nThere's little doubt that Dr. Lisa Su & Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.\nIn fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:\n\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n 39% year-over-year and approximately 4% sequentially. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n\nFor a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.\nAMD est. revenue and EBITDA mean consensus. Data source: S&P Capital IQ\nHowever, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.\nAMD LTM revenue and EBITDA. Data source: S&P Capital IQ\nImportantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.\nWe can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.\nNvidia Is Expected To Post Slower Much Growth Than Before\nJensen Huang & Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.\nThe company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.\nDatacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.\nNVDA actual and est. quarterly revenue YoY growth. Data source: S&P Capital IQ\nNotably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang & Co. to beat.\nNVDA earnings beats/misses. Source: Seeking Alpha Premium\nNotwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.\nWe understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.\nWe recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.\nThe main problem is that Nvidia couldn't/is not willing to put a timeline towhen they would derive meaningful revenues from its software stack.Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"\nSo, Which Chip Stock Is The Better Buy?\nAMD stock EV/NTM EBITDA 3Y mean.\nNVDA stock EV/NTM EBITDA 3Y mean.\nAMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.\nINTC stock EV/NTM EBITDA 3Y mean.\nINTC stock LTM dividend yield. Data source: S&P Capital IQ\nINTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.\nPat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.\nDespite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.\nTherefore, we think AMD stock represents our preferred Buy for now.INTC stock is also a Buy for dividend and value investors. At the same time, we retain our Neutral rating on NVDA.\nThis article was written by JR Research.","news_type":1,"symbols_score_info":{"NVDA":0.9,"INTC":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":3295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859419343,"gmtCreate":1634720668832,"gmtModify":1634720770575,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Go Ali, I know that you will rebound. No regrets buying and supporting during the lows","listText":"Go Ali, I know that you will rebound. No regrets buying and supporting during the lows","text":"Go Ali, I know that you will rebound. No regrets buying and supporting during the lows","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/859419343","repostId":"1106162200","repostType":4,"repost":{"id":"1106162200","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":1634717288,"share":"https://www.laohunote.com/m/news/1106162200?lang=zh_CN&edition=full","pubTime":"2021-10-20 16:08","market":"hk","language":"en","title":"Alibaba soared nearly 2% in premarket trading as it released a new operating system \"Dragon Lizard\"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106162200","media":"Tiger Newspress","summary":"Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.\n\n","content":"<p>Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.</p><p><blockquote>阿里巴巴-SW在盘前交易中飙升近2%，其港股今天上涨超过6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b7c6d15113fd10fb36e5f590e6fbdf14\" tg-width=\"760\" tg-height=\"369\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> On October 20th, Alibaba Cloud released a new operating system \"Dragon Lizard\" and announced open source at the 2021 Yunqi </p><p><blockquote>10月20日，阿里巴巴-SW云发布全新操作系统“龙蜥”，并在2021云栖大会上宣布开源</blockquote></p><p> Conference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.</p><p><blockquote>会议。同时，阿里达摩院操作系统实验室也对外公布。</blockquote></p><p> The Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios </p><p><blockquote>Dragon Lizard操作系统位于服务器端，支持多种芯片架构和计算场景</blockquote></p><p> such as X86 and ARM.&nbsp;</p><p><blockquote>比如X86和ARM。</blockquote></p><p> Alibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.</p><p><blockquote>阿里巴巴-SW云计划投入20亿龙蜥专项资金，与100家生态合作伙伴合作，推进生态建设，提供至少十年的技术支持。</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>Alibaba soared nearly 2% in premarket trading as it released a new operating system \"Dragon Lizard\"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</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\">\nAlibaba soared nearly 2% in premarket trading as it released a new operating system \"Dragon Lizard\"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</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\">2021-10-20 16:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.</p><p><blockquote>阿里巴巴-SW在盘前交易中飙升近2%，其港股今天上涨超过6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b7c6d15113fd10fb36e5f590e6fbdf14\" tg-width=\"760\" tg-height=\"369\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> On October 20th, Alibaba Cloud released a new operating system \"Dragon Lizard\" and announced open source at the 2021 Yunqi </p><p><blockquote>10月20日，阿里巴巴-SW云发布全新操作系统“龙蜥”，并在2021云栖大会上宣布开源</blockquote></p><p> Conference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.</p><p><blockquote>会议。同时，阿里达摩院操作系统实验室也对外公布。</blockquote></p><p> The Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios </p><p><blockquote>Dragon Lizard操作系统位于服务器端，支持多种芯片架构和计算场景</blockquote></p><p> such as X86 and ARM.&nbsp;</p><p><blockquote>比如X86和ARM。</blockquote></p><p> Alibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.</p><p><blockquote>阿里巴巴-SW云计划投入20亿龙蜥专项资金，与100家生态合作伙伴合作，推进生态建设，提供至少十年的技术支持。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106162200","content_text":"Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.\n\nOn October 20th, Alibaba Cloud released a new operating system \"Dragon Lizard\" and announced open source at the 2021 Yunqi \nConference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.\nThe Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios \nsuch as X86 and ARM. \nAlibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":3293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825353231,"gmtCreate":1634204171970,"gmtModify":1634204172114,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Chip shortage is still an issue here.","listText":"Chip shortage is still an issue here.","text":"Chip shortage is still an issue here.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/825353231","repostId":"1156164113","repostType":4,"repost":{"id":"1156164113","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":1634199499,"share":"https://www.laohunote.com/m/news/1156164113?lang=zh_CN&edition=full","pubTime":"2021-10-14 16:18","market":"us","language":"en","title":"Semiconductor stocks rose in premarket trading<blockquote>半导体股在盘前交易中上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1156164113","media":"Tiger Newspress","summary":"Semiconductor stocks rose in premarket trading.TSMC,Nvidia,AMD,ASML,Micron Technology,STMicroelectro","content":"<p>Semiconductor stocks rose in premarket trading.TSMC,Nvidia,AMD,ASML,Micron Technology,STMicroelectronics&nbsp;and&nbsp;NXP Semiconductors&nbsp;climbed between 1% and 3.4%.</p><p><blockquote>半导体股在盘前交易中上涨.台积电、英伟达、AMD、ASML、美光科技、意法半导体和恩智浦半导体上涨1%至3.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c868f96b544488be5b9822a833670be5\" tg-width=\"409\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Taiwan Semiconductor Manufacturing Co.’s quarterly profit beat expectations as demand for the chips stayed robust in the face of worsening snarls in the supply chain.</p><p><blockquote>台积电公司的季度利润超出预期，因为在供应链日益恶化的情况下，芯片需求依然强劲。</blockquote></p><p> ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its market value climb from $302 billion to more than $500 billion next year, according to two tech investors.</p><p><blockquote>据两位科技投资者称，生产半导体制造高科技机器的荷兰公司 ASML 明年的市值将从 3020 亿美元攀升至 5000 亿美元以上。</blockquote></p><p> STMicroelectronics, Scuola Superiore Sant'Anna Sign A Framework Agreement To Create An Innovation Ecosystem.</p><p><blockquote>意法半导体与圣安娜高等学院签署框架协议，创建创新生态系统。</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>Semiconductor stocks rose in premarket trading<blockquote>半导体股在盘前交易中上涨</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor stocks rose in premarket trading<blockquote>半导体股在盘前交易中上涨</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\">2021-10-14 16:18</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Semiconductor stocks rose in premarket trading.TSMC,Nvidia,AMD,ASML,Micron Technology,STMicroelectronics&nbsp;and&nbsp;NXP Semiconductors&nbsp;climbed between 1% and 3.4%.</p><p><blockquote>半导体股在盘前交易中上涨.台积电、英伟达、AMD、ASML、美光科技、意法半导体和恩智浦半导体上涨1%至3.4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c868f96b544488be5b9822a833670be5\" tg-width=\"409\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Taiwan Semiconductor Manufacturing Co.’s quarterly profit beat expectations as demand for the chips stayed robust in the face of worsening snarls in the supply chain.</p><p><blockquote>台积电公司的季度利润超出预期，因为在供应链日益恶化的情况下，芯片需求依然强劲。</blockquote></p><p> ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its market value climb from $302 billion to more than $500 billion next year, according to two tech investors.</p><p><blockquote>据两位科技投资者称，生产半导体制造高科技机器的荷兰公司 ASML 明年的市值将从 3020 亿美元攀升至 5000 亿美元以上。</blockquote></p><p> STMicroelectronics, Scuola Superiore Sant'Anna Sign A Framework Agreement To Create An Innovation Ecosystem.</p><p><blockquote>意法半导体与圣安娜高等学院签署框架协议，创建创新生态系统。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","MU":"美光科技","NVDA":"英伟达","TSM":"台积电","ASML":"阿斯麦","AMD":"美国超微公司","STM":"意法半导体"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156164113","content_text":"Semiconductor stocks rose in premarket trading.TSMC,Nvidia,AMD,ASML,Micron Technology,STMicroelectronics and NXP Semiconductors climbed between 1% and 3.4%.\n\nTaiwan Semiconductor Manufacturing Co.’s quarterly profit beat expectations as demand for the chips stayed robust in the face of worsening snarls in the supply chain.\nASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its market value climb from $302 billion to more than $500 billion next year, according to two tech investors.\nSTMicroelectronics, Scuola Superiore Sant'Anna Sign A Framework Agreement To Create An Innovation Ecosystem.","news_type":1,"symbols_score_info":{"AMD":0.9,"MU":0.9,"STM":0.9,"TSM":0.9,"INTC":0.9,"NVDA":0.9,"ASML":0.9}},"isVote":1,"tweetType":1,"viewCount":3623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826429220,"gmtCreate":1634048140444,"gmtModify":1634048140790,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Good discount","listText":"Good discount","text":"Good discount","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/826429220","repostId":"1125833702","repostType":4,"isVote":1,"tweetType":1,"viewCount":3273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865651755,"gmtCreate":1632979417825,"gmtModify":1632979418136,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Great news. Need a bulish trend now","listText":"Great news. Need a bulish trend now","text":"Great news. Need a bulish trend now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865651755","repostId":"2171933117","repostType":4,"isVote":1,"tweetType":1,"viewCount":3301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860998676,"gmtCreate":1632115804395,"gmtModify":1632802729046,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Pull down is good news for discounted price","listText":"Pull down is good news for discounted price","text":"Pull down is good news for discounted price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860998676","repostId":"1196172424","repostType":4,"repost":{"id":"1196172424","kind":"news","pubTimestamp":1632105381,"share":"https://www.laohunote.com/m/news/1196172424?lang=zh_CN&edition=full","pubTime":"2021-09-20 10:36","market":"us","language":"en","title":"The One Indicator That Has Wall Street Biting Its Nails<blockquote>让华尔街咬紧牙关的一个指标</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196172424","media":"Barrons","summary":"The stock market dropped because there’s something scarier than taxes, tapers, and contagion.","content":"<p>Wall Street has found something scarier than tapering,axes,and contagion. It’s called the 50-day moving average.</p><p><blockquote>华尔街发现了比缩减规模、斧头和传染更可怕的东西。它被称为 50 天移动平均线。</blockquote></p><p> The predictions of impending doom from Wall Street’s talking heads continued this past week. The reasons for a pullback are many: The stock market has rallied for too long and has gone up too smoothly, the Federal Reserve is about to remove the bond buying that has helped prop markets up, taxes are ready to rise, economic data are slowing. None of it really left a mark.</p><p><blockquote>在过去的一周里，华尔街的谈话者们继续预测厄运即将到来。回调的原因有很多：股市反弹时间太长，上涨太平稳，美联储即将取消帮助支撑市场的债券购买，税收准备上升，经济数据正在放缓。没有一个真正留下痕迹。</blockquote></p><p> But then the&nbsp;S&amp;P 500&nbsp;dropped 0.6%, to 4432.99, over the week, while the&nbsp;Dow Jones Industrial Average&nbsp;fell 0.1%, to 34,584.88, and the&nbsp;Nasdaq Composite&nbsp;slumped 0.5%, to 15,043.97. For the S&amp;P 500, it was the first close since June 18 below its 50-day moving average—a technical measure of the previous 50 days’ closes that often ends up acting as support or resistance and that currently sits at 4436.35. For traders, it was very frightening.</p><p><blockquote>但标普500指数本周下跌 0.6%，至 4432.99 点，道琼斯工业平均指数下跌 0.1%，至 34,584.88 点，纳斯达克综合指数下跌 0.5%，至 15,043.97 点。对于标普500来说，这是自 6 月 18 日以来首次收盘价低于 50 日移动平均线--50 日移动平均线是前 50 日收盘价的技术指标，通常最终会成为支撑位或阻力位，目前的收盘价为 4436.35。对于交易者来说，这是非常可怕的。</blockquote></p><p> That the drop also occurred on options expiration day—when options bets expire and are rolled over, typically a volatile day—also makes the moment fraught. Since May, options expiration has been the time for the S&amp;P 500 to make a quick test of its 50-day moving average before a bounce higher. And when I say quick, I mean quick, as it usually took the index a day, maybe two, to rebound.</p><p><blockquote>下跌也发生在期权到期日（期权赌注到期并展期，通常是动荡的一天），这也使得这一时刻充满了担忧。自5月份以来，期权到期是标普500在反弹走高之前快速测试其50天移动平均线的时候。当我说快速时，我的意思是快速，因为指数通常需要一天，也许两天才能反弹。</blockquote></p><p> “The 50-Day MA discussion has been pounded into our heads with every drawdown,” writes Frank Cappelleri, desk strategist at Instinet. “And while we may be sick of hearing about it, the dip buying around the line has been a real phenomenon.”</p><p><blockquote>“Instinet 的案头策略师弗兰克-卡佩莱里（Frank Cappelleri）写道：”随着每一次撤资，关于 50 天均线的讨论都被冲进了我们的脑海。“虽然我们可能已经听腻了，但在线附近逢低买入是一种真实的现象”。</blockquote></p><p> This time has a different feel to it. The S&amp;P 500’s sojourn near the 50-day has been longer, notes Jonathan Krinsky, chief market technician at Bay Crest Partners. It’s been sitting near it for about six trading days now, without a big drop or big bounce. “The current set-up looks a bit more like a consolidation on the 50 DMA, as opposed to the prior quick ‘V-shaped’ dips,” Krinsky writes. “What we are saying is that the current way in which we got here feels a bit different than the last four to five times.”</p><p><blockquote>这次有了不同的感觉。Bay Crest Partners 首席市场技术员 Jonathan Krinsky 指出，标普500在 50 天附近的停留时间更长。它已经在附近徘徊了大约六个交易日，没有出现大跌或大反弹。“克林斯基写道：”目前的形态看起来更像是50日均线的盘整，而不是之前的快速'V型'下跌。“我们想说的是，我们现在来到这里的方式感觉与过去四五次有所不同”。</blockquote></p><p> Still, Krinsky acknowledges that one close below the 50-day isn’t enough to panic. That’s because the S&amp;P 500 has now gone 218 days without two closes below the average, the second-longest streak since 1990. We won’t know if that streak breaks until the end of trading on Monday.</p><p><blockquote>不过，克林斯基承认，收盘价低于 50 日均线并不足以引起恐慌。这是因为标普500已经有 218 天没有两次收盘价低于平均水平，这是自 1990 年以来第二长的连续收盘价。我们要到周一交易结束时才能知道这一连胜纪录是否会被打破。</blockquote></p><p> The market has plenty of excuses to break the 50-day, if it’s so inclined. Maybe Evergrande (ticker: 3333.Hong Kong), the troubled Chinese property developer, will prove to be a Lehman moment and bring the world’s markets down with it. Maybe the Fed will surprise everyone and start tapering this coming week. Maybe something is lurking out there like the Baba Yaga of the old fairy tales, and maybe it looks a lot like Keanu Reeves.</p><p><blockquote>如果市场愿意的话，它有很多理由突破 50 天大关。也许陷入困境的中国房地产开发商恒大（股票代码：3333.Hong）将成为雷曼时刻，并随之拖累世界市场。也许美联储会让所有人大吃一惊，并在下周开始缩减规模。也许有什么东西潜伏在那里，就像古老童话故事中的芭芭雅嘎，也许它看起来很像山谬·里维。</blockquote></p><p> But perhaps all the September weakness and worry are a good thing, setting the market up for its next run. “The ACWI is oversold again, and sentiment is not too optimistic,” writes Ned Davis Research’s Tim Hayes, commenting on the MSCI All-Country World Index. “The market’s resilience in the face of the negative September seasonality could be the preview of a bullish response to seasonal tendencies that turn favorable in the fourth quarter.”</p><p><blockquote>但也许九月份所有的疲软和担忧都是一件好事，为市场的下一次上涨做好了准备。“内德-戴维斯研究公司（Ned Davis Research）的蒂姆-海耶斯（Tim Hayes）在评论摩根士丹利资本国际所有国家世界指数时写道：”ACWI 再次超卖，市场情绪也不太乐观。“面对 9 月份的负季节性，市场的韧性可能是对第四季度有利的季节性趋势做出看涨反应的预演”。</blockquote></p><p> We just have to get there first.</p><p><blockquote>我们得先到那里。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The One Indicator That Has Wall Street Biting Its Nails<blockquote>让华尔街咬紧牙关的一个指标</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe One Indicator That Has Wall Street Biting Its Nails<blockquote>让华尔街咬紧牙关的一个指标</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-20 10:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Wall Street has found something scarier than tapering,axes,and contagion. It’s called the 50-day moving average.</p><p><blockquote>华尔街发现了比缩减规模、斧头和传染更可怕的东西。它被称为 50 天移动平均线。</blockquote></p><p> The predictions of impending doom from Wall Street’s talking heads continued this past week. The reasons for a pullback are many: The stock market has rallied for too long and has gone up too smoothly, the Federal Reserve is about to remove the bond buying that has helped prop markets up, taxes are ready to rise, economic data are slowing. None of it really left a mark.</p><p><blockquote>在过去的一周里，华尔街的谈话者们继续预测厄运即将到来。回调的原因有很多：股市反弹时间太长，上涨太平稳，美联储即将取消帮助支撑市场的债券购买，税收准备上升，经济数据正在放缓。没有一个真正留下痕迹。</blockquote></p><p> But then the&nbsp;S&amp;P 500&nbsp;dropped 0.6%, to 4432.99, over the week, while the&nbsp;Dow Jones Industrial Average&nbsp;fell 0.1%, to 34,584.88, and the&nbsp;Nasdaq Composite&nbsp;slumped 0.5%, to 15,043.97. For the S&amp;P 500, it was the first close since June 18 below its 50-day moving average—a technical measure of the previous 50 days’ closes that often ends up acting as support or resistance and that currently sits at 4436.35. For traders, it was very frightening.</p><p><blockquote>但标普500指数本周下跌 0.6%，至 4432.99 点，道琼斯工业平均指数下跌 0.1%，至 34,584.88 点，纳斯达克综合指数下跌 0.5%，至 15,043.97 点。对于标普500来说，这是自 6 月 18 日以来首次收盘价低于 50 日移动平均线--50 日移动平均线是前 50 日收盘价的技术指标，通常最终会成为支撑位或阻力位，目前的收盘价为 4436.35。对于交易者来说，这是非常可怕的。</blockquote></p><p> That the drop also occurred on options expiration day—when options bets expire and are rolled over, typically a volatile day—also makes the moment fraught. Since May, options expiration has been the time for the S&amp;P 500 to make a quick test of its 50-day moving average before a bounce higher. And when I say quick, I mean quick, as it usually took the index a day, maybe two, to rebound.</p><p><blockquote>下跌也发生在期权到期日（期权赌注到期并展期，通常是动荡的一天），这也使得这一时刻充满了担忧。自5月份以来，期权到期是标普500在反弹走高之前快速测试其50天移动平均线的时候。当我说快速时，我的意思是快速，因为指数通常需要一天，也许两天才能反弹。</blockquote></p><p> “The 50-Day MA discussion has been pounded into our heads with every drawdown,” writes Frank Cappelleri, desk strategist at Instinet. “And while we may be sick of hearing about it, the dip buying around the line has been a real phenomenon.”</p><p><blockquote>“Instinet 的案头策略师弗兰克-卡佩莱里（Frank Cappelleri）写道：”随着每一次撤资，关于 50 天均线的讨论都被冲进了我们的脑海。“虽然我们可能已经听腻了，但在线附近逢低买入是一种真实的现象”。</blockquote></p><p> This time has a different feel to it. The S&amp;P 500’s sojourn near the 50-day has been longer, notes Jonathan Krinsky, chief market technician at Bay Crest Partners. It’s been sitting near it for about six trading days now, without a big drop or big bounce. “The current set-up looks a bit more like a consolidation on the 50 DMA, as opposed to the prior quick ‘V-shaped’ dips,” Krinsky writes. “What we are saying is that the current way in which we got here feels a bit different than the last four to five times.”</p><p><blockquote>这次有了不同的感觉。Bay Crest Partners 首席市场技术员 Jonathan Krinsky 指出，标普500在 50 天附近的停留时间更长。它已经在附近徘徊了大约六个交易日，没有出现大跌或大反弹。“克林斯基写道：”目前的形态看起来更像是50日均线的盘整，而不是之前的快速'V型'下跌。“我们想说的是，我们现在来到这里的方式感觉与过去四五次有所不同”。</blockquote></p><p> Still, Krinsky acknowledges that one close below the 50-day isn’t enough to panic. That’s because the S&amp;P 500 has now gone 218 days without two closes below the average, the second-longest streak since 1990. We won’t know if that streak breaks until the end of trading on Monday.</p><p><blockquote>不过，克林斯基承认，收盘价低于 50 日均线并不足以引起恐慌。这是因为标普500已经有 218 天没有两次收盘价低于平均水平，这是自 1990 年以来第二长的连续收盘价。我们要到周一交易结束时才能知道这一连胜纪录是否会被打破。</blockquote></p><p> The market has plenty of excuses to break the 50-day, if it’s so inclined. Maybe Evergrande (ticker: 3333.Hong Kong), the troubled Chinese property developer, will prove to be a Lehman moment and bring the world’s markets down with it. Maybe the Fed will surprise everyone and start tapering this coming week. Maybe something is lurking out there like the Baba Yaga of the old fairy tales, and maybe it looks a lot like Keanu Reeves.</p><p><blockquote>如果市场愿意的话，它有很多理由突破 50 天大关。也许陷入困境的中国房地产开发商恒大（股票代码：3333.Hong）将成为雷曼时刻，并随之拖累世界市场。也许美联储会让所有人大吃一惊，并在下周开始缩减规模。也许有什么东西潜伏在那里，就像古老童话故事中的芭芭雅嘎，也许它看起来很像山谬·里维。</blockquote></p><p> But perhaps all the September weakness and worry are a good thing, setting the market up for its next run. “The ACWI is oversold again, and sentiment is not too optimistic,” writes Ned Davis Research’s Tim Hayes, commenting on the MSCI All-Country World Index. “The market’s resilience in the face of the negative September seasonality could be the preview of a bullish response to seasonal tendencies that turn favorable in the fourth quarter.”</p><p><blockquote>但也许九月份所有的疲软和担忧都是一件好事，为市场的下一次上涨做好了准备。“内德-戴维斯研究公司（Ned Davis Research）的蒂姆-海耶斯（Tim Hayes）在评论摩根士丹利资本国际所有国家世界指数时写道：”ACWI 再次超卖，市场情绪也不太乐观。“面对 9 月份的负季节性，市场的韧性可能是对第四季度有利的季节性趋势做出看涨反应的预演”。</blockquote></p><p> We just have to get there first.</p><p><blockquote>我们得先到那里。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-falls-because-theres-something-scarier-than-taxes-tapers-and-contagion-51631925838?mod=hp_DAY_7\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/stock-market-falls-because-theres-something-scarier-than-taxes-tapers-and-contagion-51631925838?mod=hp_DAY_7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196172424","content_text":"Wall Street has found something scarier than tapering,axes,and contagion. It’s called the 50-day moving average.\nThe predictions of impending doom from Wall Street’s talking heads continued this past week. The reasons for a pullback are many: The stock market has rallied for too long and has gone up too smoothly, the Federal Reserve is about to remove the bond buying that has helped prop markets up, taxes are ready to rise, economic data are slowing. None of it really left a mark.\nBut then the S&P 500 dropped 0.6%, to 4432.99, over the week, while the Dow Jones Industrial Average fell 0.1%, to 34,584.88, and the Nasdaq Composite slumped 0.5%, to 15,043.97. For the S&P 500, it was the first close since June 18 below its 50-day moving average—a technical measure of the previous 50 days’ closes that often ends up acting as support or resistance and that currently sits at 4436.35. For traders, it was very frightening.\nThat the drop also occurred on options expiration day—when options bets expire and are rolled over, typically a volatile day—also makes the moment fraught. Since May, options expiration has been the time for the S&P 500 to make a quick test of its 50-day moving average before a bounce higher. And when I say quick, I mean quick, as it usually took the index a day, maybe two, to rebound.\n“The 50-Day MA discussion has been pounded into our heads with every drawdown,” writes Frank Cappelleri, desk strategist at Instinet. “And while we may be sick of hearing about it, the dip buying around the line has been a real phenomenon.”\nThis time has a different feel to it. The S&P 500’s sojourn near the 50-day has been longer, notes Jonathan Krinsky, chief market technician at Bay Crest Partners. It’s been sitting near it for about six trading days now, without a big drop or big bounce. “The current set-up looks a bit more like a consolidation on the 50 DMA, as opposed to the prior quick ‘V-shaped’ dips,” Krinsky writes. “What we are saying is that the current way in which we got here feels a bit different than the last four to five times.”\nStill, Krinsky acknowledges that one close below the 50-day isn’t enough to panic. That’s because the S&P 500 has now gone 218 days without two closes below the average, the second-longest streak since 1990. We won’t know if that streak breaks until the end of trading on Monday.\nThe market has plenty of excuses to break the 50-day, if it’s so inclined. Maybe Evergrande (ticker: 3333.Hong Kong), the troubled Chinese property developer, will prove to be a Lehman moment and bring the world’s markets down with it. Maybe the Fed will surprise everyone and start tapering this coming week. Maybe something is lurking out there like the Baba Yaga of the old fairy tales, and maybe it looks a lot like Keanu Reeves.\nBut perhaps all the September weakness and worry are a good thing, setting the market up for its next run. “The ACWI is oversold again, and sentiment is not too optimistic,” writes Ned Davis Research’s Tim Hayes, commenting on the MSCI All-Country World Index. “The market’s resilience in the face of the negative September seasonality could be the preview of a bullish response to seasonal tendencies that turn favorable in the fourth quarter.”\nWe just have to get there first.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886170504,"gmtCreate":1631577693508,"gmtModify":1631892009709,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Go uphill again","listText":"Go uphill again","text":"Go uphill again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886170504","repostId":"1178276551","repostType":4,"repost":{"id":"1178276551","kind":"news","pubTimestamp":1631574947,"share":"https://www.laohunote.com/m/news/1178276551?lang=zh_CN&edition=full","pubTime":"2021-09-14 07:15","market":"us","language":"en","title":"S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178276551","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>纽约（路透社） - 标普500周一收高，结束连续五天下跌，因投资者关注潜在的企业增税和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，从经济复苏中受益最大的股票将获得最大百分比涨幅。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 说：”本月可能不会有太多积极的惊喜。“随着 10 年期债券利率在年底慢慢走高，我认为轮换可能会回到周期性债券和重新开放的交易中。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注的焦点是美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案可能获得通过，预计该方案将包括将企业税率从 21% 提高到 26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高到25%，外国所得税率提议中的约一半将获得通过，他们估计这将使标普500在2022年的收益减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是短暂的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>“杨补充说：”我认为通胀率不会回到大流行前的 2% 以下。“即使其中一些暂时的力量减弱，我们仍将保持比以前更高的速度”。</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的 COVID-19 德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨 261.91 点，或 0.76%，至 34,869.63 点；标普500指数上涨 10.15 点，或 0.23%，至 4,468.73 点；纳斯达克综合指数下跌 9.91 点，或 0.07%，至 15,105.58 点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500的11个主要行业中，医疗保健行业的跌幅最大，而受原油价格上涨提振的能源行业涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商 Moderna 和辉瑞公司的股价分别下跌 6.6% 和 2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>比特币基地全球公司宣布计划通过债务发行筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌 2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc 下跌 1.2%，原因是竞争对手 Freshworks Inc 提交的监管文件显示，这家商业参与和客户参与软件公司的目标是在美国首次公开募股时获得近 90 亿美元的估值。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 1.60 比 1；在纳斯达克，1.02比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和一个新低；纳斯达克综合指数创下53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 103.0 亿股，而过去 20 个交易日的平均成交量为 92.9 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\">\nS&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-14 07:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>纽约（路透社） - 标普500周一收高，结束连续五天下跌，因投资者关注潜在的企业增税和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，从经济复苏中受益最大的股票将获得最大百分比涨幅。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 说：”本月可能不会有太多积极的惊喜。“随着 10 年期债券利率在年底慢慢走高，我认为轮换可能会回到周期性债券和重新开放的交易中。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注的焦点是美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案可能获得通过，预计该方案将包括将企业税率从 21% 提高到 26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高到25%，外国所得税率提议中的约一半将获得通过，他们估计这将使标普500在2022年的收益减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是短暂的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>“杨补充说：”我认为通胀率不会回到大流行前的 2% 以下。“即使其中一些暂时的力量减弱，我们仍将保持比以前更高的速度”。</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的 COVID-19 德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨 261.91 点，或 0.76%，至 34,869.63 点；标普500指数上涨 10.15 点，或 0.23%，至 4,468.73 点；纳斯达克综合指数下跌 9.91 点，或 0.07%，至 15,105.58 点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500的11个主要行业中，医疗保健行业的跌幅最大，而受原油价格上涨提振的能源行业涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商 Moderna 和辉瑞公司的股价分别下跌 6.6% 和 2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>比特币基地全球公司宣布计划通过债务发行筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌 2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc 下跌 1.2%，原因是竞争对手 Freshworks Inc 提交的监管文件显示，这家商业参与和客户参与软件公司的目标是在美国首次公开募股时获得近 90 亿美元的估值。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 1.60 比 1；在纳斯达克，1.02比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和一个新低；纳斯达克综合指数创下53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 103.0 亿股，而过去 20 个交易日的平均成交量为 92.9 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/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">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/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 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":1973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886170191,"gmtCreate":1631577687813,"gmtModify":1631892009725,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Go uphill again","listText":"Go uphill again","text":"Go uphill again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886170191","repostId":"1178276551","repostType":4,"repost":{"id":"1178276551","kind":"news","pubTimestamp":1631574947,"share":"https://www.laohunote.com/m/news/1178276551?lang=zh_CN&edition=full","pubTime":"2021-09-14 07:15","market":"us","language":"en","title":"S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178276551","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>纽约（路透社） - 标普500周一收高，结束连续五天下跌，因投资者关注潜在的企业增税和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，从经济复苏中受益最大的股票将获得最大百分比涨幅。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 说：”本月可能不会有太多积极的惊喜。“随着 10 年期债券利率在年底慢慢走高，我认为轮换可能会回到周期性债券和重新开放的交易中。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注的焦点是美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案可能获得通过，预计该方案将包括将企业税率从 21% 提高到 26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高到25%，外国所得税率提议中的约一半将获得通过，他们估计这将使标普500在2022年的收益减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是短暂的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>“杨补充说：”我认为通胀率不会回到大流行前的 2% 以下。“即使其中一些暂时的力量减弱，我们仍将保持比以前更高的速度”。</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的 COVID-19 德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨 261.91 点，或 0.76%，至 34,869.63 点；标普500指数上涨 10.15 点，或 0.23%，至 4,468.73 点；纳斯达克综合指数下跌 9.91 点，或 0.07%，至 15,105.58 点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500的11个主要行业中，医疗保健行业的跌幅最大，而受原油价格上涨提振的能源行业涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商 Moderna 和辉瑞公司的股价分别下跌 6.6% 和 2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>比特币基地全球公司宣布计划通过债务发行筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌 2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc 下跌 1.2%，原因是竞争对手 Freshworks Inc 提交的监管文件显示，这家商业参与和客户参与软件公司的目标是在美国首次公开募股时获得近 90 亿美元的估值。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 1.60 比 1；在纳斯达克，1.02比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和一个新低；纳斯达克综合指数创下53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 103.0 亿股，而过去 20 个交易日的平均成交量为 92.9 亿股。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</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\">\nS&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500加税结束连败，通胀数据即将公布</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-14 07:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>纽约（路透社） - 标普500周一收高，结束连续五天下跌，因投资者关注潜在的企业增税和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，从经济复苏中受益最大的股票将获得最大百分比涨幅。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>“纽约 SoFi 投资策略主管 Liz Young 说：”本月可能不会有太多积极的惊喜。“随着 10 年期债券利率在年底慢慢走高，我认为轮换可能会回到周期性债券和重新开放的交易中。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注的焦点是美国总统乔-拜登（Joe Biden）的 3.5 万亿美元预算方案可能获得通过，预计该方案将包括将企业税率从 21% 提高到 26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高到25%，外国所得税率提议中的约一半将获得通过，他们估计这将使标普500在2022年的收益减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是短暂的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>“杨补充说：”我认为通胀率不会回到大流行前的 2% 以下。“即使其中一些暂时的力量减弱，我们仍将保持比以前更高的速度”。</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的 COVID-19 德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨 261.91 点，或 0.76%，至 34,869.63 点；标普500指数上涨 10.15 点，或 0.23%，至 4,468.73 点；纳斯达克综合指数下跌 9.91 点，或 0.07%，至 15,105.58 点。</blockquote></p><p> Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500的11个主要行业中，医疗保健行业的跌幅最大，而受原油价格上涨提振的能源行业涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商 Moderna 和辉瑞公司的股价分别下跌 6.6% 和 2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>比特币基地全球公司宣布计划通过债务发行筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌 2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc 下跌 1.2%，原因是竞争对手 Freshworks Inc 提交的监管文件显示，这家商业参与和客户参与软件公司的目标是在美国首次公开募股时获得近 90 亿美元的估值。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨发行量超过下跌发行量，比例为 1.60 比 1；在纳斯达克，1.02比1的比率有利于进步人士。</blockquote></p><p> The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和一个新低；纳斯达克综合指数创下53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所的成交量为 103.0 亿股，而过去 20 个交易日的平均成交量为 92.9 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/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">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/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 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":2348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881922937,"gmtCreate":1631286498429,"gmtModify":1631892009745,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Bitcoin is not predictable. This type of news doesnot help","listText":"Bitcoin is not predictable. This type of news doesnot help","text":"Bitcoin is not predictable. This type of news doesnot help","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881922937","repostId":"1148605188","repostType":4,"repost":{"id":"1148605188","kind":"news","pubTimestamp":1631265518,"share":"https://www.laohunote.com/m/news/1148605188?lang=zh_CN&edition=full","pubTime":"2021-09-10 17:18","market":"us","language":"en","title":"Bitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148605188","media":"seekingalpha","summary":"Summary\n\nBitcoin will be Bitcoin and bucket shops will be bucket shops.\nStocks, options, commodities","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Bitcoin will be Bitcoin and bucket shops will be bucket shops.</li>  <li>Stocks, options, commodities and forex are no different from crypto in that they are filled with crashes, skulduggery and scandal.</li>  <li>If you're in crypto you need two strategies for dealing with crashes.</li> </ul> Yesterday (7thSeptember 2021) Bitcoin crashed, and as I write it is spiking down again. As a bear this is no surprise to me, but it is a major shock to many bulls who are expecting Bitcoin to go straight to $100,000 without a halt.</p><p><blockquote><ul><li>比特币将是比特币，桶店将是桶店。</li><li>股票、期权、商品和外汇与加密货币没有什么不同，因为它们充满了崩盘、欺诈和丑闻。</li><li>如果你是加密货币，你需要两种处理崩溃的策略。</li></ul>昨天（2021年9月7日）比特币崩溃了，在我写这篇文章的时候，它又开始暴跌了。作为一个空头，这对我来说并不奇怪，但这对许多预计比特币将不间断地直奔 10 万美元的多头来说是一个重大冲击。</blockquote></p><p> Bitcoin is plagued/blessed with volatility and, make no mistake, if it did not have huge volatility, it would not be the giant brand it has become and crypto would not be the financial earthquake that is changing financial services forever.</p><p><blockquote>比特币受到波动性的困扰/祝福，毫无疑问，如果它没有巨大的波动性，它就不会成为一个巨大的品牌，加密也不会成为永远改变金融服务的金融地震。</blockquote></p><p> Markets are casinos; gamblers love to gamble and casinos love gamblers and ensure that they accommodate the players in as profitable a way as they can. Stocks, options, commodities, forex, they are no different from crypto in that they are filled with crashes, skulduggery and scandal, and the gaming tables are the same... ‘come play with leverage, come play with stop losses, this could be your lucky day.’</p><p><blockquote>市场就是赌场；赌徒喜欢赌博，赌场喜欢赌徒，并确保他们以尽可能有利可图的方式容纳玩家。股票、期权、商品、外汇，它们与加密没有什么不同，因为它们充满了崩溃、欺诈和丑闻，赌桌也是一样的……来玩杠杆，来玩止损，这可能是你的幸运日。</blockquote></p><p> Edwin Lefevre wrote the classic trading book in 1923 called ‘Reminiscences of a Stock Operator’ about famous trader/speculator/gambler Jesse Livermore. The ‘bucket shop’ scams of the time and the general trading environment around 1890-1930 remain basically unchanged today (…but, but, but think of all the regulation we have now…). Livermore was an incredibly talented trader that committed suicide when he lost it all, as traders are fated - by their counterparties and math - to do.</p><p><blockquote>埃德温-勒菲弗尔（Edwin Lefevre）于 1923 年撰写了一本名为《股票操作员回忆录》的经典交易书籍，讲述了著名交易员/投机者/赌徒杰西-利弗莫尔（Jesse Livermore）的故事。当时的 “桶店 ”骗局和 1890-1930 年前后的总体交易环境至今基本没有变化（.但是，但是，想想我们现在的所有监管.）。利弗莫尔是一位才华横溢的交易员，当他失去一切时，他自杀了，就像交易员注定要做的那样——由他们的交易对手和数学决定。</blockquote></p><p> Leverage and stop losses are just one example of how market actors like ‘bucket shops’ drive your account balances into their account balances. All the same finance scams of hidden charges, Ponzi schemes, ‘pump and dumps’ and so on are still everywhere to be seen in crypto, stocks etc. Where there are resources there are predators.</p><p><blockquote>杠杆和止损只是 “桶式商店 ”等市场参与者如何将您的账户余额转入他们的账户余额的一个例子。在加密货币、股票等领域，隐藏费用、庞氏骗局、 “拉高和转储 ”等金融骗局仍然随处可见。哪里有资源，哪里就有捕食者。</blockquote></p><p> So, a wild crash in crypto is to be expected and is perhaps even guaranteed. Take this phrase and write it like this:</p><p><blockquote>因此，加密货币的疯狂崩溃是意料之中的，甚至可能是有保证的。把这个短语写成这样：</blockquote></p><p> So, a wild crash in ______ is to be expected and is perhaps even guaranteed.</p><p><blockquote>因此，______中的疯狂坠机是意料之中的，甚至可能是有保证的。</blockquote></p><p> Fill the blank as you see fit: stocks, bonds, property, the dollar, gold, junk bonds…. It will fit in just fine.</p><p><blockquote>按你认为合适的方式填空：股票、债券、房地产、美元、黄金、垃圾债券…它会很合适。</blockquote></p><p> Crashing is what markets do.</p><p><blockquote>市场会崩溃。</blockquote></p><p> Therefore, if you want to play in crypto, or for that matter in any financial market, you need two strategies for dealing with crashes.</p><p><blockquote>因此，如果你想玩加密，或者在任何金融市场，你需要两种应对崩溃的策略。</blockquote></p><p> <b>Strategy 1) What not to do</b></p><p><blockquote><b>策略1）不要做什么</b></blockquote></p><p> <ol>  <li>Do not carry much leverage if any. If an instrument is volatile do not carry leverage at all.</li>  <li>Do not hold stop losses on another party’s platforms.</li>  <li>Do not hold positions for no good reason.</li>  <li>Be prepared to hold your positions after a crash if you get caught and stuck in one</li>  <li>If you are<b>certain</b>a crash is underway, do not hold and hope,<i>sell</i>.</li> </ol> <b>Strategy 2) What to do</b></p><p><blockquote><ol><li>如果有的话，不要携带太多杠杆。如果一种工具不稳定，根本不要使用杠杆。</li><li>不要在对方平台上持有止损。</li><li>没有正当理由不要持有头寸。</li><li>如果您被困在车祸后，请做好坚守阵地的准备</li><li>如果你是<b>某些</b>车祸正在发生，不要抱着希望，<i>出售</i>.</li></ol><b>策略2）做什么</b></blockquote></p><p> <ol>  <li>Never stop searching out the next crash. It is inevitable. One BTC at $60,000 is two BTC at $30,000.</li>  <li>Buy the crash but only well after it’s happened and the dust is settling. This is the ultimate test of an investor.</li>  <li>If you must trade during a crash, make sure you can depend on your providers not shuttering you in or out when it matters most (as true in stocks as in crypto). If you cannot depend on your service provider do not play. There is no customer service during a crash.</li> </ol> A crash is a 25% drop in a dull asset but 50%-75% in anything spicy like crypto and 90% outside the blue chip instruments of a market.</p><p><blockquote><ol><li>永远不要停止寻找下一次坠机事件。这是不可避免的。一个60,000美元的BTC是两个30,000美元的BTC。</li><li>买入车祸，但要在车祸发生后很久，尘埃落定。这是对投资者的终极考验。</li><li>如果您必须在崩盘期间进行交易，请确保您可以依靠您的提供商不会在最重要的时候将您拒之门外（股票和加密货币都是如此）。如果你不能依赖你的服务提供商，就不要玩。崩溃时没有客户服务。</li></ol>崩盘是指沉闷资产下跌 25%，但加密货币等任何辛辣资产下跌 50%-75%，市场蓝筹股工具以外的资产下跌 90%。</blockquote></p><p> <b>What next?</b></p><p><blockquote><b>下一步呢？</b></blockquote></p><p> Here is the chart:</p><p><blockquote>这是图表：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8e84d0c18312986bee801a102afc9dd6\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\">I’m still a bear<i>but</i>I think the recent rally is heavily driven by the social clampdown in China with Bitcoin and other cryptos a way of expatriating capital away from a developing authoritarian nightmare; a nightmare where even kids who want to play computer games can’t escape the boot of ideology. The impact of this new development may prove to be extremely potent and not in a good way for many, but for crypto it could be very strong.</p><p><blockquote>我还是一只熊<i>但</i>我认为最近的反弹在很大程度上是由中国社会打压推动的，中国社会打压比特币和其他加密货币是一种将资本从发展中的威权噩梦中转移出去的方式；这是一场噩梦，即使是想玩电脑游戏的孩子也无法逃脱意识形态的束缚。这一新发展的影响可能会被证明是非常强大的，对许多人来说不是好的，但对加密来说，它可能会非常强大。</blockquote></p><p> However, without that tailwind or other geopolitical conniptions I would expect Bitcoin to go under $20,000 but markets don’t listen to me. Like with every call, you must measure your speculation against what transpired. I produced a similar chart a few months ago showing the bull and the bear trend like the above. I hovered to the bear trend as the move I expected, and up went Bitcoin exactly on the bull trend as if by magic. Speculation is just that, and you have to believe what you see not what you think.</p><p><blockquote>不过，如果没有这一顺风或其他地缘政治因素，我预计比特币股价将跌破 2 万美元，但市场并不听我的。就像每一个看涨期权一样，你必须根据发生的事情来衡量你的猜测。几个月前，我制作了一张类似的图表，显示了如上所示的牛市和熊市趋势。正如我所预期的那样，我徘徊在熊市趋势上，比特币就像变魔术一样，完全沿着牛市趋势上涨。投机就是这样，你必须相信你所看到的，而不是你所想的。</blockquote></p><p> The above trends will therefore develop, and I remain a bear.</p><p><blockquote>因此，上述趋势将会发展，我仍然看空。</blockquote></p><p> <b>What to do?</b></p><p><blockquote><b>怎么办？</b></blockquote></p><p></p><p> The golden rule is if you think you know, you don’t, so stop. If you know you know then proceed.</p><p><blockquote>黄金法则是，如果你认为你知道，那你就不知道，那就停下来。如果你知道你知道，那就继续前进。</blockquote></p><p> Specifically:</p><p><blockquote>具体而言：</blockquote></p><p> <ol>  <li>If you are a Hodl’er continue to dollar cost average in. If it really does melt down then perhaps drop some extra fiat in.</li>  <li>If you don’t know what to do and need to ask then sell and save your fiat for when you are certain of your positions</li>  <li>If you want to buy the dip be sure you want to hold because you might need to Hodl for a long time. If you are looking to flip you should wait because this move could go way lower.</li>  <li>If you want to trade, look to go against extreme moves but only when they make your eyes bug out. Make sure the platform you use won’t choke and can execute under extreme volume.</li>  <li>If you are looking for a re-entry - like me - this isn’t it (yet).</li>  <li>If you are a tyro trader, study every tick of this. Crashes are where the real traders and investors make their killings because this is where the novices lose their shirts.</li> </ol> <b>What am I doing?</b></p><p><blockquote><ol><li>如果您是 Hodl 爱好者，请继续使用美元成本平均值。如果它真的融化了，那么也许可以添加一些额外的菲亚特。</li><li>如果你不知道该怎么办，需要询问，那就卖掉你的菲亚特，把它存起来，等你确定自己的头寸后再买。</li><li>如果你想逢低买入，一定要持有，因为你可能需要长期持有。如果你想翻转，你应该等待，因为这一举动可能会走得更低。</li><li>如果你想交易，要反对极端的举动，但前提是它们会让你眼花缭乱。确保您使用的平台不会窒息，并且能够在极端音量下执行。</li><li>如果你和我一样，正在寻找一个重返赛场的机会，那么现在还不是时候。</li><li>如果您是 tyro 交易者，请仔细研究其中的每一个细节。崩盘是真正的交易者和投资者杀戮的地方，因为这是新手失去衬衫的地方。</li></ol><b>我在干什么？</b></blockquote></p><p> ‘Hodling’ what little ‘unstable coins’ I have. I am watching out for what will look great value when this move capitulates while focusing on midcap tokens for now. If this is the big crash of this cycle, after it’s all over and a week or two later, I’ll be picking a portfolio from the rubble.</p><p><blockquote>“囤积 ”我仅有的一点 “不稳定的硬币 ”。我正在关注当这一举措投降时看起来会有什么巨大的价值，同时目前专注于中型股代币。如果这是这个周期的大崩盘，那么在一切结束之后，一两周后，我将从废墟中挑选一个投资组合。</blockquote></p><p> Bitcoin dropped another $1000 while I wrote this article and jumped $1000 while I edited it. The big take away is Bitcoin will be Bitcoin and crypto will always crash and moon and that is one of the reasons it will always be a huge brand fascinating millions.</p><p><blockquote>在我写这篇文章的时候，比特币又降了1000美元，在我编辑这篇文章的时候又涨了1000美元。最大的收获是比特币将是比特币，加密将永远崩溃和月亮，这是它将永远是一个吸引数百万人的巨大品牌的原因之一。</blockquote></p><p> Long term, Bitcoin will go a lot higher but it will not be a smooth or short road.</p><p><blockquote>从长远来看，比特币会走得更高，但这不会是一条平坦或短路。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-10 17:18</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>Bitcoin will be Bitcoin and bucket shops will be bucket shops.</li>  <li>Stocks, options, commodities and forex are no different from crypto in that they are filled with crashes, skulduggery and scandal.</li>  <li>If you're in crypto you need two strategies for dealing with crashes.</li> </ul> Yesterday (7thSeptember 2021) Bitcoin crashed, and as I write it is spiking down again. As a bear this is no surprise to me, but it is a major shock to many bulls who are expecting Bitcoin to go straight to $100,000 without a halt.</p><p><blockquote><ul><li>比特币将是比特币，桶店将是桶店。</li><li>股票、期权、商品和外汇与加密货币没有什么不同，因为它们充满了崩盘、欺诈和丑闻。</li><li>如果你是加密货币，你需要两种处理崩溃的策略。</li></ul>昨天（2021年9月7日）比特币崩溃了，在我写这篇文章的时候，它又开始暴跌了。作为一个空头，这对我来说并不奇怪，但这对许多预计比特币将不间断地直奔 10 万美元的多头来说是一个重大冲击。</blockquote></p><p> Bitcoin is plagued/blessed with volatility and, make no mistake, if it did not have huge volatility, it would not be the giant brand it has become and crypto would not be the financial earthquake that is changing financial services forever.</p><p><blockquote>比特币受到波动性的困扰/祝福，毫无疑问，如果它没有巨大的波动性，它就不会成为一个巨大的品牌，加密也不会成为永远改变金融服务的金融地震。</blockquote></p><p> Markets are casinos; gamblers love to gamble and casinos love gamblers and ensure that they accommodate the players in as profitable a way as they can. Stocks, options, commodities, forex, they are no different from crypto in that they are filled with crashes, skulduggery and scandal, and the gaming tables are the same... ‘come play with leverage, come play with stop losses, this could be your lucky day.’</p><p><blockquote>市场就是赌场；赌徒喜欢赌博，赌场喜欢赌徒，并确保他们以尽可能有利可图的方式容纳玩家。股票、期权、商品、外汇，它们与加密没有什么不同，因为它们充满了崩溃、欺诈和丑闻，赌桌也是一样的……来玩杠杆，来玩止损，这可能是你的幸运日。</blockquote></p><p> Edwin Lefevre wrote the classic trading book in 1923 called ‘Reminiscences of a Stock Operator’ about famous trader/speculator/gambler Jesse Livermore. The ‘bucket shop’ scams of the time and the general trading environment around 1890-1930 remain basically unchanged today (…but, but, but think of all the regulation we have now…). Livermore was an incredibly talented trader that committed suicide when he lost it all, as traders are fated - by their counterparties and math - to do.</p><p><blockquote>埃德温-勒菲弗尔（Edwin Lefevre）于 1923 年撰写了一本名为《股票操作员回忆录》的经典交易书籍，讲述了著名交易员/投机者/赌徒杰西-利弗莫尔（Jesse Livermore）的故事。当时的 “桶店 ”骗局和 1890-1930 年前后的总体交易环境至今基本没有变化（.但是，但是，想想我们现在的所有监管.）。利弗莫尔是一位才华横溢的交易员，当他失去一切时，他自杀了，就像交易员注定要做的那样——由他们的交易对手和数学决定。</blockquote></p><p> Leverage and stop losses are just one example of how market actors like ‘bucket shops’ drive your account balances into their account balances. All the same finance scams of hidden charges, Ponzi schemes, ‘pump and dumps’ and so on are still everywhere to be seen in crypto, stocks etc. Where there are resources there are predators.</p><p><blockquote>杠杆和止损只是 “桶式商店 ”等市场参与者如何将您的账户余额转入他们的账户余额的一个例子。在加密货币、股票等领域，隐藏费用、庞氏骗局、 “拉高和转储 ”等金融骗局仍然随处可见。哪里有资源，哪里就有捕食者。</blockquote></p><p> So, a wild crash in crypto is to be expected and is perhaps even guaranteed. Take this phrase and write it like this:</p><p><blockquote>因此，加密货币的疯狂崩溃是意料之中的，甚至可能是有保证的。把这个短语写成这样：</blockquote></p><p> So, a wild crash in ______ is to be expected and is perhaps even guaranteed.</p><p><blockquote>因此，______中的疯狂坠机是意料之中的，甚至可能是有保证的。</blockquote></p><p> Fill the blank as you see fit: stocks, bonds, property, the dollar, gold, junk bonds…. It will fit in just fine.</p><p><blockquote>按你认为合适的方式填空：股票、债券、房地产、美元、黄金、垃圾债券…它会很合适。</blockquote></p><p> Crashing is what markets do.</p><p><blockquote>市场会崩溃。</blockquote></p><p> Therefore, if you want to play in crypto, or for that matter in any financial market, you need two strategies for dealing with crashes.</p><p><blockquote>因此，如果你想玩加密，或者在任何金融市场，你需要两种应对崩溃的策略。</blockquote></p><p> <b>Strategy 1) What not to do</b></p><p><blockquote><b>策略1）不要做什么</b></blockquote></p><p> <ol>  <li>Do not carry much leverage if any. If an instrument is volatile do not carry leverage at all.</li>  <li>Do not hold stop losses on another party’s platforms.</li>  <li>Do not hold positions for no good reason.</li>  <li>Be prepared to hold your positions after a crash if you get caught and stuck in one</li>  <li>If you are<b>certain</b>a crash is underway, do not hold and hope,<i>sell</i>.</li> </ol> <b>Strategy 2) What to do</b></p><p><blockquote><ol><li>如果有的话，不要携带太多杠杆。如果一种工具不稳定，根本不要使用杠杆。</li><li>不要在对方平台上持有止损。</li><li>没有正当理由不要持有头寸。</li><li>如果您被困在车祸后，请做好坚守阵地的准备</li><li>如果你是<b>某些</b>车祸正在发生，不要抱着希望，<i>出售</i>.</li></ol><b>策略2）做什么</b></blockquote></p><p> <ol>  <li>Never stop searching out the next crash. It is inevitable. One BTC at $60,000 is two BTC at $30,000.</li>  <li>Buy the crash but only well after it’s happened and the dust is settling. This is the ultimate test of an investor.</li>  <li>If you must trade during a crash, make sure you can depend on your providers not shuttering you in or out when it matters most (as true in stocks as in crypto). If you cannot depend on your service provider do not play. There is no customer service during a crash.</li> </ol> A crash is a 25% drop in a dull asset but 50%-75% in anything spicy like crypto and 90% outside the blue chip instruments of a market.</p><p><blockquote><ol><li>永远不要停止寻找下一次坠机事件。这是不可避免的。一个60,000美元的BTC是两个30,000美元的BTC。</li><li>买入车祸，但要在车祸发生后很久，尘埃落定。这是对投资者的终极考验。</li><li>如果您必须在崩盘期间进行交易，请确保您可以依靠您的提供商不会在最重要的时候将您拒之门外（股票和加密货币都是如此）。如果你不能依赖你的服务提供商，就不要玩。崩溃时没有客户服务。</li></ol>崩盘是指沉闷资产下跌 25%，但加密货币等任何辛辣资产下跌 50%-75%，市场蓝筹股工具以外的资产下跌 90%。</blockquote></p><p> <b>What next?</b></p><p><blockquote><b>下一步呢？</b></blockquote></p><p> Here is the chart:</p><p><blockquote>这是图表：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8e84d0c18312986bee801a102afc9dd6\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\">I’m still a bear<i>but</i>I think the recent rally is heavily driven by the social clampdown in China with Bitcoin and other cryptos a way of expatriating capital away from a developing authoritarian nightmare; a nightmare where even kids who want to play computer games can’t escape the boot of ideology. The impact of this new development may prove to be extremely potent and not in a good way for many, but for crypto it could be very strong.</p><p><blockquote>我还是一只熊<i>但</i>我认为最近的反弹在很大程度上是由中国社会打压推动的，中国社会打压比特币和其他加密货币是一种将资本从发展中的威权噩梦中转移出去的方式；这是一场噩梦，即使是想玩电脑游戏的孩子也无法逃脱意识形态的束缚。这一新发展的影响可能会被证明是非常强大的，对许多人来说不是好的，但对加密来说，它可能会非常强大。</blockquote></p><p> However, without that tailwind or other geopolitical conniptions I would expect Bitcoin to go under $20,000 but markets don’t listen to me. Like with every call, you must measure your speculation against what transpired. I produced a similar chart a few months ago showing the bull and the bear trend like the above. I hovered to the bear trend as the move I expected, and up went Bitcoin exactly on the bull trend as if by magic. Speculation is just that, and you have to believe what you see not what you think.</p><p><blockquote>不过，如果没有这一顺风或其他地缘政治因素，我预计比特币股价将跌破 2 万美元，但市场并不听我的。就像每一个看涨期权一样，你必须根据发生的事情来衡量你的猜测。几个月前，我制作了一张类似的图表，显示了如上所示的牛市和熊市趋势。正如我所预期的那样，我徘徊在熊市趋势上，比特币就像变魔术一样，完全沿着牛市趋势上涨。投机就是这样，你必须相信你所看到的，而不是你所想的。</blockquote></p><p> The above trends will therefore develop, and I remain a bear.</p><p><blockquote>因此，上述趋势将会发展，我仍然看空。</blockquote></p><p> <b>What to do?</b></p><p><blockquote><b>怎么办？</b></blockquote></p><p></p><p> The golden rule is if you think you know, you don’t, so stop. If you know you know then proceed.</p><p><blockquote>黄金法则是，如果你认为你知道，那你就不知道，那就停下来。如果你知道你知道，那就继续前进。</blockquote></p><p> Specifically:</p><p><blockquote>具体而言：</blockquote></p><p> <ol>  <li>If you are a Hodl’er continue to dollar cost average in. If it really does melt down then perhaps drop some extra fiat in.</li>  <li>If you don’t know what to do and need to ask then sell and save your fiat for when you are certain of your positions</li>  <li>If you want to buy the dip be sure you want to hold because you might need to Hodl for a long time. If you are looking to flip you should wait because this move could go way lower.</li>  <li>If you want to trade, look to go against extreme moves but only when they make your eyes bug out. Make sure the platform you use won’t choke and can execute under extreme volume.</li>  <li>If you are looking for a re-entry - like me - this isn’t it (yet).</li>  <li>If you are a tyro trader, study every tick of this. Crashes are where the real traders and investors make their killings because this is where the novices lose their shirts.</li> </ol> <b>What am I doing?</b></p><p><blockquote><ol><li>如果您是 Hodl 爱好者，请继续使用美元成本平均值。如果它真的融化了，那么也许可以添加一些额外的菲亚特。</li><li>如果你不知道该怎么办，需要询问，那就卖掉你的菲亚特，把它存起来，等你确定自己的头寸后再买。</li><li>如果你想逢低买入，一定要持有，因为你可能需要长期持有。如果你想翻转，你应该等待，因为这一举动可能会走得更低。</li><li>如果你想交易，要反对极端的举动，但前提是它们会让你眼花缭乱。确保您使用的平台不会窒息，并且能够在极端音量下执行。</li><li>如果你和我一样，正在寻找一个重返赛场的机会，那么现在还不是时候。</li><li>如果您是 tyro 交易者，请仔细研究其中的每一个细节。崩盘是真正的交易者和投资者杀戮的地方，因为这是新手失去衬衫的地方。</li></ol><b>我在干什么？</b></blockquote></p><p> ‘Hodling’ what little ‘unstable coins’ I have. I am watching out for what will look great value when this move capitulates while focusing on midcap tokens for now. If this is the big crash of this cycle, after it’s all over and a week or two later, I’ll be picking a portfolio from the rubble.</p><p><blockquote>“囤积 ”我仅有的一点 “不稳定的硬币 ”。我正在关注当这一举措投降时看起来会有什么巨大的价值，同时目前专注于中型股代币。如果这是这个周期的大崩盘，那么在一切结束之后，一两周后，我将从废墟中挑选一个投资组合。</blockquote></p><p> Bitcoin dropped another $1000 while I wrote this article and jumped $1000 while I edited it. The big take away is Bitcoin will be Bitcoin and crypto will always crash and moon and that is one of the reasons it will always be a huge brand fascinating millions.</p><p><blockquote>在我写这篇文章的时候，比特币又降了1000美元，在我编辑这篇文章的时候又涨了1000美元。最大的收获是比特币将是比特币，加密将永远崩溃和月亮，这是它将永远是一个吸引数百万人的巨大品牌的原因之一。</blockquote></p><p> Long term, Bitcoin will go a lot higher but it will not be a smooth or short road.</p><p><blockquote>从长远来看，比特币会走得更高，但这不会是一条平坦或短路。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4454069-bitcoin-crash-september-2021-what-you-should-know\">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":{"GBTC":"比特币ETF-Grayscale","01499":"欧科云链","01611":"新火集团","COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4454069-bitcoin-crash-september-2021-what-you-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148605188","content_text":"Summary\n\nBitcoin will be Bitcoin and bucket shops will be bucket shops.\nStocks, options, commodities and forex are no different from crypto in that they are filled with crashes, skulduggery and scandal.\nIf you're in crypto you need two strategies for dealing with crashes.\n\nYesterday (7thSeptember 2021) Bitcoin crashed, and as I write it is spiking down again. As a bear this is no surprise to me, but it is a major shock to many bulls who are expecting Bitcoin to go straight to $100,000 without a halt.\nBitcoin is plagued/blessed with volatility and, make no mistake, if it did not have huge volatility, it would not be the giant brand it has become and crypto would not be the financial earthquake that is changing financial services forever.\nMarkets are casinos; gamblers love to gamble and casinos love gamblers and ensure that they accommodate the players in as profitable a way as they can. Stocks, options, commodities, forex, they are no different from crypto in that they are filled with crashes, skulduggery and scandal, and the gaming tables are the same... ‘come play with leverage, come play with stop losses, this could be your lucky day.’\nEdwin Lefevre wrote the classic trading book in 1923 called ‘Reminiscences of a Stock Operator’ about famous trader/speculator/gambler Jesse Livermore. The ‘bucket shop’ scams of the time and the general trading environment around 1890-1930 remain basically unchanged today (…but, but, but think of all the regulation we have now…). Livermore was an incredibly talented trader that committed suicide when he lost it all, as traders are fated - by their counterparties and math - to do.\nLeverage and stop losses are just one example of how market actors like ‘bucket shops’ drive your account balances into their account balances. All the same finance scams of hidden charges, Ponzi schemes, ‘pump and dumps’ and so on are still everywhere to be seen in crypto, stocks etc. Where there are resources there are predators.\nSo, a wild crash in crypto is to be expected and is perhaps even guaranteed. Take this phrase and write it like this:\nSo, a wild crash in ______ is to be expected and is perhaps even guaranteed.\nFill the blank as you see fit: stocks, bonds, property, the dollar, gold, junk bonds…. It will fit in just fine.\nCrashing is what markets do.\nTherefore, if you want to play in crypto, or for that matter in any financial market, you need two strategies for dealing with crashes.\nStrategy 1) What not to do\n\nDo not carry much leverage if any. If an instrument is volatile do not carry leverage at all.\nDo not hold stop losses on another party’s platforms.\nDo not hold positions for no good reason.\nBe prepared to hold your positions after a crash if you get caught and stuck in one\nIf you arecertaina crash is underway, do not hold and hope,sell.\n\nStrategy 2) What to do\n\nNever stop searching out the next crash. It is inevitable. One BTC at $60,000 is two BTC at $30,000.\nBuy the crash but only well after it’s happened and the dust is settling. This is the ultimate test of an investor.\nIf you must trade during a crash, make sure you can depend on your providers not shuttering you in or out when it matters most (as true in stocks as in crypto). If you cannot depend on your service provider do not play. There is no customer service during a crash.\n\nA crash is a 25% drop in a dull asset but 50%-75% in anything spicy like crypto and 90% outside the blue chip instruments of a market.\nWhat next?\nHere is the chart:\nI’m still a bearbutI think the recent rally is heavily driven by the social clampdown in China with Bitcoin and other cryptos a way of expatriating capital away from a developing authoritarian nightmare; a nightmare where even kids who want to play computer games can’t escape the boot of ideology. The impact of this new development may prove to be extremely potent and not in a good way for many, but for crypto it could be very strong.\nHowever, without that tailwind or other geopolitical conniptions I would expect Bitcoin to go under $20,000 but markets don’t listen to me. Like with every call, you must measure your speculation against what transpired. I produced a similar chart a few months ago showing the bull and the bear trend like the above. I hovered to the bear trend as the move I expected, and up went Bitcoin exactly on the bull trend as if by magic. Speculation is just that, and you have to believe what you see not what you think.\nThe above trends will therefore develop, and I remain a bear.\nWhat to do?\nThe golden rule is if you think you know, you don’t, so stop. If you know you know then proceed.\nSpecifically:\n\nIf you are a Hodl’er continue to dollar cost average in. If it really does melt down then perhaps drop some extra fiat in.\nIf you don’t know what to do and need to ask then sell and save your fiat for when you are certain of your positions\nIf you want to buy the dip be sure you want to hold because you might need to Hodl for a long time. If you are looking to flip you should wait because this move could go way lower.\nIf you want to trade, look to go against extreme moves but only when they make your eyes bug out. Make sure the platform you use won’t choke and can execute under extreme volume.\nIf you are looking for a re-entry - like me - this isn’t it (yet).\nIf you are a tyro trader, study every tick of this. Crashes are where the real traders and investors make their killings because this is where the novices lose their shirts.\n\nWhat am I doing?\n‘Hodling’ what little ‘unstable coins’ I have. I am watching out for what will look great value when this move capitulates while focusing on midcap tokens for now. If this is the big crash of this cycle, after it’s all over and a week or two later, I’ll be picking a portfolio from the rubble.\nBitcoin dropped another $1000 while I wrote this article and jumped $1000 while I edited it. The big take away is Bitcoin will be Bitcoin and crypto will always crash and moon and that is one of the reasons it will always be a huge brand fascinating millions.\nLong term, Bitcoin will go a lot higher but it will not be a smooth or short road.","news_type":1,"symbols_score_info":{"GBTC":0.9,"01499":0.9,"COIN":0.9,"01611":0.9}},"isVote":1,"tweetType":1,"viewCount":2262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889371544,"gmtCreate":1631111903588,"gmtModify":1631892009752,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Side effect news is since day 1","listText":"Side effect news is since day 1","text":"Side effect news is since day 1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889371544","repostId":"2165996673","repostType":2,"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816556486,"gmtCreate":1630508915945,"gmtModify":1631892009766,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Hold to see at the moment","listText":"Hold to see at the moment","text":"Hold to see at the moment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816556486","repostId":"2164897643","repostType":4,"isVote":1,"tweetType":1,"viewCount":897,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818525400,"gmtCreate":1630420658300,"gmtModify":1631892009785,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Again govn intervention…. Why…","listText":"Again govn intervention…. Why…","text":"Again govn intervention…. Why…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818525400","repostId":"1118277523","repostType":4,"repost":{"id":"1118277523","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":1630418634,"share":"https://www.laohunote.com/m/news/1118277523?lang=zh_CN&edition=full","pubTime":"2021-08-31 22:03","market":"us","language":"en","title":"Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance<blockquote>韩国国会通过遏制苹果委员会主导地位的法案，苹果股价早盘下跌 1.04%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118277523","media":"Tiger Newspress","summary":"South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.It is the first such curb by a major economy on the likes of Apple Inc and Alphabet Inc's Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30%.","content":"<p>Apple&nbsp;shares&nbsp;fell&nbsp;1.04%&nbsp;in&nbsp;early&nbsp;trading&nbsp;as&nbsp;S.Korea's parliament passing bill to curb&nbsp;Apple commission dominance.</p><p><blockquote>由于韩国国会通过了遏制苹果委员会主导地位的法案，苹果股价在早盘交易中下跌 1.04%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dddfac227e4c05029904982112eb7573\" tg-width=\"883\" tg-height=\"617\" width=\"100%\" height=\"auto\">South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.</p><p><blockquote>韩国国会周二批准了一项法案，禁止谷歌和苹果等主要应用商店运营商强迫软件开发商使用他们的支付系统，实际上阻止了他们对应用内购买收取佣金。</blockquote></p><p> It is the first such curb by a major economy on the likes of Apple Inc&nbsp;and Alphabet Inc's&nbsp;Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30%.</p><p><blockquote>这是主要经济体首次对苹果和Alphabet旗下的谷歌等公司实施此类限制，这些公司因要求使用收取高达 30% 佣金的专有支付系统而面临全球批评。</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>Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance<blockquote>韩国国会通过遏制苹果委员会主导地位的法案，苹果股价早盘下跌 1.04%</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\">\nApple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance<blockquote>韩国国会通过遏制苹果委员会主导地位的法案，苹果股价早盘下跌 1.04%</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\">2021-08-31 22:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Apple&nbsp;shares&nbsp;fell&nbsp;1.04%&nbsp;in&nbsp;early&nbsp;trading&nbsp;as&nbsp;S.Korea's parliament passing bill to curb&nbsp;Apple commission dominance.</p><p><blockquote>由于韩国国会通过了遏制苹果委员会主导地位的法案，苹果股价在早盘交易中下跌 1.04%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/dddfac227e4c05029904982112eb7573\" tg-width=\"883\" tg-height=\"617\" width=\"100%\" height=\"auto\">South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.</p><p><blockquote>韩国国会周二批准了一项法案，禁止谷歌和苹果等主要应用商店运营商强迫软件开发商使用他们的支付系统，实际上阻止了他们对应用内购买收取佣金。</blockquote></p><p> It is the first such curb by a major economy on the likes of Apple Inc&nbsp;and Alphabet Inc's&nbsp;Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30%.</p><p><blockquote>这是主要经济体首次对苹果和Alphabet旗下的谷歌等公司实施此类限制，这些公司因要求使用收取高达 30% 佣金的专有支付系统而面临全球批评。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118277523","content_text":"Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance.\nSouth Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.\nIt is the first such curb by a major economy on the likes of Apple Inc and Alphabet Inc's Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30%.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811383173,"gmtCreate":1630289497492,"gmtModify":1704957871897,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"What does it inteprete to stock exchanges? Inflation coming?","listText":"What does it inteprete to stock exchanges? Inflation coming?","text":"What does it inteprete to stock exchanges? Inflation coming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811383173","repostId":"2163776380","repostType":4,"isVote":1,"tweetType":1,"viewCount":1150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813762447,"gmtCreate":1630249807689,"gmtModify":1704957453562,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"On the rise","listText":"On the rise","text":"On the rise","images":[{"img":"https://static.tigerbbs.com/86faaffd564c7d2e10f63fa047536582","width":"1125","height":"3274"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813762447","isVote":1,"tweetType":1,"viewCount":880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":813762984,"gmtCreate":1630249747148,"gmtModify":1704957452698,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"A bit risky","listText":"A bit risky","text":"A bit risky","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813762984","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","kind":"news","pubTimestamp":1630201285,"share":"https://www.laohunote.com/m/news/1129129956?lang=zh_CN&edition=full","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天可能会让你致富</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company  merger. In a race to disrupt residential ","content":"<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>  <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>  <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li> </ul> </p><p><blockquote><ul><li>iBuying 业务是一场扩大规模的竞赛，而 Opendoor 正在获胜。</li><li>该公司的增长速度比管理层一年前的预测提前了两年。</li><li>市场对几乎所有 SPAC 都持看跌态度，这使得 Opendoor 成为一笔最终可能带来巨大回报的便宜货。</li></ul></blockquote></p><p> Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p><p><blockquote>房地产iBuying公司<b>Opendoor技术</b>（纳斯达克股票代码：OPEN）自通过特殊目的收购公司（SPAC）合并上市以来，三个季度的执行力一直处于高水平。在扰乱全球最大市场之一住宅房地产的竞赛中，Opendoor 的长期潜力可以为耐心的投资者带来丰厚的回报。</blockquote></p><p> Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p><p><blockquote>尽管有上涨空间，但市场尚未欣赏 Opendoor 的成就；该股较高点下跌了 50% 以上。有三个重要线索表明，对于大胆的投资者来说，Opendoor 可能是一个有吸引力的投资理念。</blockquote></p><p> <h3>1. Opendoor is winning the iBuying battle</h3> The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p><p><blockquote><h3>1. Opendoor正在赢得iBuying之战</h3>美国传统的购房过程很慢，由多方处理，包括代理人、律师、检查员和银行家。这会产生大量的来回文书工作，并将流程平均拖延超过30天。</blockquote></p><p> Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p><p><blockquote>Opendoor开创了“iBuying”的概念，即房屋的买卖是数字化的，像Opendoor这样的公司直接与卖家合作，为他们提供现金报价和数字成交流程。然后该公司在市场上转售房子。iBuying流程省去了代理和与传统成交相关的一些费用，如代理佣金。然后，Opendoor在市场上转售房屋，并对交易收取高达5%的服务费。</blockquote></p><p> After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p><p><blockquote>在看到 Opendoor 凭借其 iBuying 概念稳步增长后，竞争对手也开始提供 iBuying 服务，包括<b>Zillow集团</b>和Offerpad。由于该业务的资本密集型（买卖数千套房屋需要大量资金）以及房地产市场的价格竞争力，这些公司正在竞相做大。随着公司买卖更多的房屋，他们有能力通过利用外包承包商来节省资金来获得更多利润，并且随着交易的增加，其定价算法也会得到改进。</blockquote></p><p> According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p><p><blockquote>根据专门跟踪iBuying竞争对手的网站iBuyerStats的数据，Opendoor一直拥有最多的可供出售的住房库存。该公司目前约有 3,300 套房屋待售，比 Zillow 多 53%，是 Offerpad 的四倍多。</blockquote></p><p> <h3>2. Revenue growth is ahead of schedule</h3> When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p><p><blockquote><h3>2.收入增长提前</h3>当公司通过PacMerger上市时，他们会公开展示自己的业务，通常包括长期增长预测。大约一年前，即 2020 年 9 月，Opendoor 发布了合并前投资者演示文稿。</blockquote></p><p> Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p><p><blockquote>快进到该公司最近发布的 2021 年第二季度收益看涨期权。首席执行官兼创始人 Eric Wu 在财报看涨期权上表示：“……根据我们目前的进展，我们下半年的收入运行率有望超过 2023 年的目标，比计划提前整整两年。”</blockquote></p><p> In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p><p><blockquote>换句话说，如果 Opendoor 以目前的业务水平运营 12 个月，它将超过 2023 年预计的 98 亿美元收入。这是一个被忽视的点，因为如果 Opendoor 已经比其最初的增长曲线提前了两年，那么到 2023 年它将处于什么位置？当然，房地产市场的下滑或其他事件可能会扰乱该公司的增长速度，但 Opendoor 正在向世界展示该业务正在高水平运营。</blockquote></p><p> <h3>3. SPACs are out of favor with the market... opportunity?</h3> Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p><p><blockquote><h3>3、SPAC不受市场青睐……机会？</h3>投资者忽略了这一强劲表现，而是关注 Opendoor 通过 SPAC 合并加入公开市场的事实。对于以前的 SPAC 来说，经营业绩或收益几乎无关紧要；几个月来，股市一直在抛售几乎所有基于特殊目的收购公司的股票。</blockquote></p><p> Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p><p><blockquote>投资者对少数“坏苹果”公司被发现存在欺诈行为感到害怕，而其他公司则严重错过了他们在上市前做出的预测。这些例子让相关人员感到焦虑，投资者对 SPAC 整体采取了更加谨慎的态度。</blockquote></p><p> But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p><p><blockquote>但如果像 Opendoor 这样的公司继续夸大预期，市场最终可能会好转。当这种情况发生时，股价可能会大幅波动。如果我们接受 Eric Wu 对收入的评论，并假设 Opendoor 在 2022 年的销售额为 100 亿美元（换句话说，Opendoor 在接下来的一年里停止增长并保持当前的速度），那么该股目前的交易价格与销售额（P/S）比率仅为 1.0。这是一个便宜货的估值。</blockquote></p><p> Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p><p><blockquote>竞争对手 Zillow Group 的市盈率超过 3，反映了 Opendoor 作为前 SPAC 的折扣。</blockquote></p><p></p><p> <h3>Here's the bottom line</h3> Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p><p><blockquote><h3>这是底线</h3>房地产是一个巨大的市场，这是一个复杂的行业，因为传统代理商和试图将技术引入购房的“新人”之间存在冲突。现在说Opendoor将成为“<b>亚马逊</b>但似乎可以肯定的是，如果该公司继续保持这样的表现，它将成为房地产未来的重要参与者。</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>This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天可能会让你致富</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\">\nThis Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天可能会让你致富</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\">2021-08-29 09:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>  <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>  <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li> </ul> </p><p><blockquote><ul><li>iBuying 业务是一场扩大规模的竞赛，而 Opendoor 正在获胜。</li><li>该公司的增长速度比管理层一年前的预测提前了两年。</li><li>市场对几乎所有 SPAC 都持看跌态度，这使得 Opendoor 成为一笔最终可能带来巨大回报的便宜货。</li></ul></blockquote></p><p> Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p><p><blockquote>房地产iBuying公司<b>Opendoor技术</b>（纳斯达克股票代码：OPEN）自通过特殊目的收购公司（SPAC）合并上市以来，三个季度的执行力一直处于高水平。在扰乱全球最大市场之一住宅房地产的竞赛中，Opendoor 的长期潜力可以为耐心的投资者带来丰厚的回报。</blockquote></p><p> Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p><p><blockquote>尽管有上涨空间，但市场尚未欣赏 Opendoor 的成就；该股较高点下跌了 50% 以上。有三个重要线索表明，对于大胆的投资者来说，Opendoor 可能是一个有吸引力的投资理念。</blockquote></p><p> <h3>1. Opendoor is winning the iBuying battle</h3> The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p><p><blockquote><h3>1. Opendoor正在赢得iBuying之战</h3>美国传统的购房过程很慢，由多方处理，包括代理人、律师、检查员和银行家。这会产生大量的来回文书工作，并将流程平均拖延超过30天。</blockquote></p><p> Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p><p><blockquote>Opendoor开创了“iBuying”的概念，即房屋的买卖是数字化的，像Opendoor这样的公司直接与卖家合作，为他们提供现金报价和数字成交流程。然后该公司在市场上转售房子。iBuying流程省去了代理和与传统成交相关的一些费用，如代理佣金。然后，Opendoor在市场上转售房屋，并对交易收取高达5%的服务费。</blockquote></p><p> After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p><p><blockquote>在看到 Opendoor 凭借其 iBuying 概念稳步增长后，竞争对手也开始提供 iBuying 服务，包括<b>Zillow集团</b>和Offerpad。由于该业务的资本密集型（买卖数千套房屋需要大量资金）以及房地产市场的价格竞争力，这些公司正在竞相做大。随着公司买卖更多的房屋，他们有能力通过利用外包承包商来节省资金来获得更多利润，并且随着交易的增加，其定价算法也会得到改进。</blockquote></p><p> According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p><p><blockquote>根据专门跟踪iBuying竞争对手的网站iBuyerStats的数据，Opendoor一直拥有最多的可供出售的住房库存。该公司目前约有 3,300 套房屋待售，比 Zillow 多 53%，是 Offerpad 的四倍多。</blockquote></p><p> <h3>2. Revenue growth is ahead of schedule</h3> When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p><p><blockquote><h3>2.收入增长提前</h3>当公司通过PacMerger上市时，他们会公开展示自己的业务，通常包括长期增长预测。大约一年前，即 2020 年 9 月，Opendoor 发布了合并前投资者演示文稿。</blockquote></p><p> Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p><p><blockquote>快进到该公司最近发布的 2021 年第二季度收益看涨期权。首席执行官兼创始人 Eric Wu 在财报看涨期权上表示：“……根据我们目前的进展，我们下半年的收入运行率有望超过 2023 年的目标，比计划提前整整两年。”</blockquote></p><p> In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p><p><blockquote>换句话说，如果 Opendoor 以目前的业务水平运营 12 个月，它将超过 2023 年预计的 98 亿美元收入。这是一个被忽视的点，因为如果 Opendoor 已经比其最初的增长曲线提前了两年，那么到 2023 年它将处于什么位置？当然，房地产市场的下滑或其他事件可能会扰乱该公司的增长速度，但 Opendoor 正在向世界展示该业务正在高水平运营。</blockquote></p><p> <h3>3. SPACs are out of favor with the market... opportunity?</h3> Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p><p><blockquote><h3>3、SPAC不受市场青睐……机会？</h3>投资者忽略了这一强劲表现，而是关注 Opendoor 通过 SPAC 合并加入公开市场的事实。对于以前的 SPAC 来说，经营业绩或收益几乎无关紧要；几个月来，股市一直在抛售几乎所有基于特殊目的收购公司的股票。</blockquote></p><p> Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p><p><blockquote>投资者对少数“坏苹果”公司被发现存在欺诈行为感到害怕，而其他公司则严重错过了他们在上市前做出的预测。这些例子让相关人员感到焦虑，投资者对 SPAC 整体采取了更加谨慎的态度。</blockquote></p><p> But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p><p><blockquote>但如果像 Opendoor 这样的公司继续夸大预期，市场最终可能会好转。当这种情况发生时，股价可能会大幅波动。如果我们接受 Eric Wu 对收入的评论，并假设 Opendoor 在 2022 年的销售额为 100 亿美元（换句话说，Opendoor 在接下来的一年里停止增长并保持当前的速度），那么该股目前的交易价格与销售额（P/S）比率仅为 1.0。这是一个便宜货的估值。</blockquote></p><p> Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p><p><blockquote>竞争对手 Zillow Group 的市盈率超过 3，反映了 Opendoor 作为前 SPAC 的折扣。</blockquote></p><p></p><p> <h3>Here's the bottom line</h3> Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p><p><blockquote><h3>这是底线</h3>房地产是一个巨大的市场，这是一个复杂的行业，因为传统代理商和试图将技术引入购房的“新人”之间存在冲突。现在说Opendoor将成为“<b>亚马逊</b>但似乎可以肯定的是，如果该公司继续保持这样的表现，它将成为房地产未来的重要参与者。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">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":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1,"symbols_score_info":{"OPEN":0.9}},"isVote":1,"tweetType":1,"viewCount":1184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813766750,"gmtCreate":1630249713170,"gmtModify":1704957452526,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"A bit risky though","listText":"A bit risky though","text":"A bit risky though","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813766750","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","kind":"news","pubTimestamp":1630201285,"share":"https://www.laohunote.com/m/news/1129129956?lang=zh_CN&edition=full","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天可能会让你致富</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company  merger. In a race to disrupt residential ","content":"<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>  <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>  <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li> </ul> </p><p><blockquote><ul><li>iBuying 业务是一场扩大规模的竞赛，而 Opendoor 正在获胜。</li><li>该公司的增长速度比管理层一年前的预测提前了两年。</li><li>市场对几乎所有 SPAC 都持看跌态度，这使得 Opendoor 成为一笔最终可能带来巨大回报的便宜货。</li></ul></blockquote></p><p> Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p><p><blockquote>房地产iBuying公司<b>Opendoor技术</b>（纳斯达克股票代码：OPEN）自通过特殊目的收购公司（SPAC）合并上市以来，三个季度的执行力一直处于高水平。在扰乱全球最大市场之一住宅房地产的竞赛中，Opendoor 的长期潜力可以为耐心的投资者带来丰厚的回报。</blockquote></p><p> Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p><p><blockquote>尽管有上涨空间，但市场尚未欣赏 Opendoor 的成就；该股较高点下跌了 50% 以上。有三个重要线索表明，对于大胆的投资者来说，Opendoor 可能是一个有吸引力的投资理念。</blockquote></p><p> <h3>1. Opendoor is winning the iBuying battle</h3> The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p><p><blockquote><h3>1. Opendoor正在赢得iBuying之战</h3>美国传统的购房过程很慢，由多方处理，包括代理人、律师、检查员和银行家。这会产生大量的来回文书工作，并将流程平均拖延超过30天。</blockquote></p><p> Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p><p><blockquote>Opendoor开创了“iBuying”的概念，即房屋的买卖是数字化的，像Opendoor这样的公司直接与卖家合作，为他们提供现金报价和数字成交流程。然后该公司在市场上转售房子。iBuying流程省去了代理和与传统成交相关的一些费用，如代理佣金。然后，Opendoor在市场上转售房屋，并对交易收取高达5%的服务费。</blockquote></p><p> After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p><p><blockquote>在看到 Opendoor 凭借其 iBuying 概念稳步增长后，竞争对手也开始提供 iBuying 服务，包括<b>Zillow集团</b>和Offerpad。由于该业务的资本密集型（买卖数千套房屋需要大量资金）以及房地产市场的价格竞争力，这些公司正在竞相做大。随着公司买卖更多的房屋，他们有能力通过利用外包承包商来节省资金来获得更多利润，并且随着交易的增加，其定价算法也会得到改进。</blockquote></p><p> According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p><p><blockquote>根据专门跟踪iBuying竞争对手的网站iBuyerStats的数据，Opendoor一直拥有最多的可供出售的住房库存。该公司目前约有 3,300 套房屋待售，比 Zillow 多 53%，是 Offerpad 的四倍多。</blockquote></p><p> <h3>2. Revenue growth is ahead of schedule</h3> When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p><p><blockquote><h3>2.收入增长提前</h3>当公司通过PacMerger上市时，他们会公开展示自己的业务，通常包括长期增长预测。大约一年前，即 2020 年 9 月，Opendoor 发布了合并前投资者演示文稿。</blockquote></p><p> Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p><p><blockquote>快进到该公司最近发布的 2021 年第二季度收益看涨期权。首席执行官兼创始人 Eric Wu 在财报看涨期权上表示：“……根据我们目前的进展，我们下半年的收入运行率有望超过 2023 年的目标，比计划提前整整两年。”</blockquote></p><p> In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p><p><blockquote>换句话说，如果 Opendoor 以目前的业务水平运营 12 个月，它将超过 2023 年预计的 98 亿美元收入。这是一个被忽视的点，因为如果 Opendoor 已经比其最初的增长曲线提前了两年，那么到 2023 年它将处于什么位置？当然，房地产市场的下滑或其他事件可能会扰乱该公司的增长速度，但 Opendoor 正在向世界展示该业务正在高水平运营。</blockquote></p><p> <h3>3. SPACs are out of favor with the market... opportunity?</h3> Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p><p><blockquote><h3>3、SPAC不受市场青睐……机会？</h3>投资者忽略了这一强劲表现，而是关注 Opendoor 通过 SPAC 合并加入公开市场的事实。对于以前的 SPAC 来说，经营业绩或收益几乎无关紧要；几个月来，股市一直在抛售几乎所有基于特殊目的收购公司的股票。</blockquote></p><p> Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p><p><blockquote>投资者对少数“坏苹果”公司被发现存在欺诈行为感到害怕，而其他公司则严重错过了他们在上市前做出的预测。这些例子让相关人员感到焦虑，投资者对 SPAC 整体采取了更加谨慎的态度。</blockquote></p><p> But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p><p><blockquote>但如果像 Opendoor 这样的公司继续夸大预期，市场最终可能会好转。当这种情况发生时，股价可能会大幅波动。如果我们接受 Eric Wu 对收入的评论，并假设 Opendoor 在 2022 年的销售额为 100 亿美元（换句话说，Opendoor 在接下来的一年里停止增长并保持当前的速度），那么该股目前的交易价格与销售额（P/S）比率仅为 1.0。这是一个便宜货的估值。</blockquote></p><p> Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p><p><blockquote>竞争对手 Zillow Group 的市盈率超过 3，反映了 Opendoor 作为前 SPAC 的折扣。</blockquote></p><p></p><p> <h3>Here's the bottom line</h3> Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p><p><blockquote><h3>这是底线</h3>房地产是一个巨大的市场，这是一个复杂的行业，因为传统代理商和试图将技术引入购房的“新人”之间存在冲突。现在说Opendoor将成为“<b>亚马逊</b>但似乎可以肯定的是，如果该公司继续保持这样的表现，它将成为房地产未来的重要参与者。</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>This Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天可能会让你致富</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\">\nThis Unloved Tech Stock Could Make You Rich One Day<blockquote>这只不受欢迎的科技股有一天可能会让你致富</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\">2021-08-29 09:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>  <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>  <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li> </ul> </p><p><blockquote><ul><li>iBuying 业务是一场扩大规模的竞赛，而 Opendoor 正在获胜。</li><li>该公司的增长速度比管理层一年前的预测提前了两年。</li><li>市场对几乎所有 SPAC 都持看跌态度，这使得 Opendoor 成为一笔最终可能带来巨大回报的便宜货。</li></ul></blockquote></p><p> Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p><p><blockquote>房地产iBuying公司<b>Opendoor技术</b>（纳斯达克股票代码：OPEN）自通过特殊目的收购公司（SPAC）合并上市以来，三个季度的执行力一直处于高水平。在扰乱全球最大市场之一住宅房地产的竞赛中，Opendoor 的长期潜力可以为耐心的投资者带来丰厚的回报。</blockquote></p><p> Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p><p><blockquote>尽管有上涨空间，但市场尚未欣赏 Opendoor 的成就；该股较高点下跌了 50% 以上。有三个重要线索表明，对于大胆的投资者来说，Opendoor 可能是一个有吸引力的投资理念。</blockquote></p><p> <h3>1. Opendoor is winning the iBuying battle</h3> The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p><p><blockquote><h3>1. Opendoor正在赢得iBuying之战</h3>美国传统的购房过程很慢，由多方处理，包括代理人、律师、检查员和银行家。这会产生大量的来回文书工作，并将流程平均拖延超过30天。</blockquote></p><p> Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p><p><blockquote>Opendoor开创了“iBuying”的概念，即房屋的买卖是数字化的，像Opendoor这样的公司直接与卖家合作，为他们提供现金报价和数字成交流程。然后该公司在市场上转售房子。iBuying流程省去了代理和与传统成交相关的一些费用，如代理佣金。然后，Opendoor在市场上转售房屋，并对交易收取高达5%的服务费。</blockquote></p><p> After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p><p><blockquote>在看到 Opendoor 凭借其 iBuying 概念稳步增长后，竞争对手也开始提供 iBuying 服务，包括<b>Zillow集团</b>和Offerpad。由于该业务的资本密集型（买卖数千套房屋需要大量资金）以及房地产市场的价格竞争力，这些公司正在竞相做大。随着公司买卖更多的房屋，他们有能力通过利用外包承包商来节省资金来获得更多利润，并且随着交易的增加，其定价算法也会得到改进。</blockquote></p><p> According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p><p><blockquote>根据专门跟踪iBuying竞争对手的网站iBuyerStats的数据，Opendoor一直拥有最多的可供出售的住房库存。该公司目前约有 3,300 套房屋待售，比 Zillow 多 53%，是 Offerpad 的四倍多。</blockquote></p><p> <h3>2. Revenue growth is ahead of schedule</h3> When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p><p><blockquote><h3>2.收入增长提前</h3>当公司通过PacMerger上市时，他们会公开展示自己的业务，通常包括长期增长预测。大约一年前，即 2020 年 9 月，Opendoor 发布了合并前投资者演示文稿。</blockquote></p><p> Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p><p><blockquote>快进到该公司最近发布的 2021 年第二季度收益看涨期权。首席执行官兼创始人 Eric Wu 在财报看涨期权上表示：“……根据我们目前的进展，我们下半年的收入运行率有望超过 2023 年的目标，比计划提前整整两年。”</blockquote></p><p> In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p><p><blockquote>换句话说，如果 Opendoor 以目前的业务水平运营 12 个月，它将超过 2023 年预计的 98 亿美元收入。这是一个被忽视的点，因为如果 Opendoor 已经比其最初的增长曲线提前了两年，那么到 2023 年它将处于什么位置？当然，房地产市场的下滑或其他事件可能会扰乱该公司的增长速度，但 Opendoor 正在向世界展示该业务正在高水平运营。</blockquote></p><p> <h3>3. SPACs are out of favor with the market... opportunity?</h3> Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p><p><blockquote><h3>3、SPAC不受市场青睐……机会？</h3>投资者忽略了这一强劲表现，而是关注 Opendoor 通过 SPAC 合并加入公开市场的事实。对于以前的 SPAC 来说，经营业绩或收益几乎无关紧要；几个月来，股市一直在抛售几乎所有基于特殊目的收购公司的股票。</blockquote></p><p> Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p><p><blockquote>投资者对少数“坏苹果”公司被发现存在欺诈行为感到害怕，而其他公司则严重错过了他们在上市前做出的预测。这些例子让相关人员感到焦虑，投资者对 SPAC 整体采取了更加谨慎的态度。</blockquote></p><p> But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p><p><blockquote>但如果像 Opendoor 这样的公司继续夸大预期，市场最终可能会好转。当这种情况发生时，股价可能会大幅波动。如果我们接受 Eric Wu 对收入的评论，并假设 Opendoor 在 2022 年的销售额为 100 亿美元（换句话说，Opendoor 在接下来的一年里停止增长并保持当前的速度），那么该股目前的交易价格与销售额（P/S）比率仅为 1.0。这是一个便宜货的估值。</blockquote></p><p> Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p><p><blockquote>竞争对手 Zillow Group 的市盈率超过 3，反映了 Opendoor 作为前 SPAC 的折扣。</blockquote></p><p></p><p> <h3>Here's the bottom line</h3> Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p><p><blockquote><h3>这是底线</h3>房地产是一个巨大的市场，这是一个复杂的行业，因为传统代理商和试图将技术引入购房的“新人”之间存在冲突。现在说Opendoor将成为“<b>亚马逊</b>但似乎可以肯定的是，如果该公司继续保持这样的表现，它将成为房地产未来的重要参与者。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">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":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1,"symbols_score_info":{"OPEN":0.9}},"isVote":1,"tweetType":1,"viewCount":875,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819317811,"gmtCreate":1630033960333,"gmtModify":1704954939332,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"All is limited by chip shortage. Tsmc increase price so will the revenue of these coy be impacted. That is the question","listText":"All is limited by chip shortage. Tsmc increase price so will the revenue of these coy be impacted. That is the question","text":"All is limited by chip shortage. Tsmc increase price so will the revenue of these coy be impacted. That is the question","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819317811","repostId":"2162931260","repostType":4,"isVote":1,"tweetType":1,"viewCount":1159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810183274,"gmtCreate":1629952079998,"gmtModify":1631893957256,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Venturing into ads. That’s a good move","listText":"Venturing into ads. That’s a good move","text":"Venturing into ads. That’s a good move","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/810183274","repostId":"2162525350","repostType":4,"isVote":1,"tweetType":1,"viewCount":1044,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837900436,"gmtCreate":1629850679925,"gmtModify":1631893957263,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089008833435220","idStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Maybe wait a little bit when there’s more VTL open between countries","listText":"Maybe wait a little bit when there’s more VTL open between countries","text":"Maybe wait a little bit when there’s more VTL open between countries","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837900436","repostId":"1127577175","repostType":4,"repost":{"id":"1127577175","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":1629814583,"share":"https://www.laohunote.com/m/news/1127577175?lang=zh_CN&edition=full","pubTime":"2021-08-24 22:16","market":"us","language":"en","title":"Airbnb shares surged more than 7%<blockquote>爱彼迎股价飙升超过7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127577175","media":"Tiger Newspress","summary":"Airbnb shares rose more than 7%, the largest increase in the market in five months.Airbnb is plannin","content":"<p>Airbnb shares rose more than 7%, the largest increase in the market in five months.Airbnb&nbsp;is planning to start housing 20,000 Afghan refugees around the world free of charge, the company’s CEO, Brian Chesky, said Tuesday.</p><p><blockquote>Airbnb 首席执行官 Brian Chesky 周二表示，Airbnb 计划开始在世界各地免费为 2 万名阿富汗难民提供住房。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/65034bef90f1a86ce2291e5d30ee9e64\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Shares of Airbnb are down 2.1% this year, but shareholders shouldn’t be concerned, according to investment firm Susquehanna.</p><p><blockquote>据投资公司 Susquehanna 称，爱彼迎的股价今年下跌了 2.1%，但股东们不必担心。</blockquote></p><p> In fact, the firm says now is the time to buy shares of the online travel website company.</p><p><blockquote>事实上，该公司表示现在是购买这家在线旅游网站公司股票的时候了。</blockquote></p><p> “We still like it despite volatility from COVID variants,” analyst Shyam Patil said after the company’s recent earnings.</p><p><blockquote>“分析师 Shyam Patil 在公司近期财报发布后表示：”尽管 COVID 变体存在波动，但我们仍然喜欢它。</blockquote></p><p> “ABNB again blew out expectations in 2Q, driven by a huge increase in travel demand,” he added.</p><p><blockquote>“他补充说：”在旅游需求大幅增长的推动下，ABNB 在第二季度再次超出了预期。</blockquote></p><p> While the company warned in it earnings call about the uncertainty surrounding the variants, Patil was undeterred.</p><p><blockquote>尽管该公司在 it 财报看涨期权上警告有关变体的不确定性，但帕蒂尔并没有被吓倒。</blockquote></p><p> “Although COVID-19 continues to provide substantial headwinds to both ABNB and the travel industry as a whole, ABNB is showing strong signs of recovery — gross bookings grew 37% over 2Q19 levels,” he wrote.</p><p><blockquote>“他写道：”尽管 COVID-19 继续给 ABNB 和整个旅游业带来巨大阻力，但 ABNB 正显示出强劲的复苏迹象--总预订量比 2019 年第二季度增长了 37%。</blockquote></p><p> Patil also predicted that Airbnb could see its highest quarterly revenue ever for the third quarter.</p><p><blockquote>帕蒂尔还预测，爱彼迎第三季度的季度收入可能会达到有史以来最高的水平。</blockquote></p><p> “That being said, we view ABNB a must-own stock for the recovery given its strong positioning and promising long-term opportunity,” the firm said.</p><p><blockquote>“该公司表示：”尽管如此，鉴于 ABNB 的强大定位和前景广阔的长期机会，我们认为它是复苏中必须持有的股票。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airbnb shares surged more than 7%<blockquote>爱彼迎股价飙升超过7%</blockquote></title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirbnb shares surged more than 7%<blockquote>爱彼迎股价飙升超过7%</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\">2021-08-24 22:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Airbnb shares rose more than 7%, the largest increase in the market in five months.Airbnb&nbsp;is planning to start housing 20,000 Afghan refugees around the world free of charge, the company’s CEO, Brian Chesky, said Tuesday.</p><p><blockquote>Airbnb 首席执行官 Brian Chesky 周二表示，Airbnb 计划开始在世界各地免费为 2 万名阿富汗难民提供住房。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/65034bef90f1a86ce2291e5d30ee9e64\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Shares of Airbnb are down 2.1% this year, but shareholders shouldn’t be concerned, according to investment firm Susquehanna.</p><p><blockquote>据投资公司 Susquehanna 称，爱彼迎的股价今年下跌了 2.1%，但股东们不必担心。</blockquote></p><p> In fact, the firm says now is the time to buy shares of the online travel website company.</p><p><blockquote>事实上，该公司表示现在是购买这家在线旅游网站公司股票的时候了。</blockquote></p><p> “We still like it despite volatility from COVID variants,” analyst Shyam Patil said after the company’s recent earnings.</p><p><blockquote>“分析师 Shyam Patil 在公司近期财报发布后表示：”尽管 COVID 变体存在波动，但我们仍然喜欢它。</blockquote></p><p> “ABNB again blew out expectations in 2Q, driven by a huge increase in travel demand,” he added.</p><p><blockquote>“他补充说：”在旅游需求大幅增长的推动下，ABNB 在第二季度再次超出了预期。</blockquote></p><p> While the company warned in it earnings call about the uncertainty surrounding the variants, Patil was undeterred.</p><p><blockquote>尽管该公司在 it 财报看涨期权上警告有关变体的不确定性，但帕蒂尔并没有被吓倒。</blockquote></p><p> “Although COVID-19 continues to provide substantial headwinds to both ABNB and the travel industry as a whole, ABNB is showing strong signs of recovery — gross bookings grew 37% over 2Q19 levels,” he wrote.</p><p><blockquote>“他写道：”尽管 COVID-19 继续给 ABNB 和整个旅游业带来巨大阻力，但 ABNB 正显示出强劲的复苏迹象--总预订量比 2019 年第二季度增长了 37%。</blockquote></p><p> Patil also predicted that Airbnb could see its highest quarterly revenue ever for the third quarter.</p><p><blockquote>帕蒂尔还预测，爱彼迎第三季度的季度收入可能会达到有史以来最高的水平。</blockquote></p><p> “That being said, we view ABNB a must-own stock for the recovery given its strong positioning and promising long-term opportunity,” the firm said.</p><p><blockquote>“该公司表示：”尽管如此，鉴于 ABNB 的强大定位和前景广阔的长期机会，我们认为它是复苏中必须持有的股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127577175","content_text":"Airbnb shares rose more than 7%, the largest increase in the market in five months.Airbnb is planning to start housing 20,000 Afghan refugees around the world free of charge, the company’s CEO, Brian Chesky, said Tuesday.\n\nShares of Airbnb are down 2.1% this year, but shareholders shouldn’t be concerned, according to investment firm Susquehanna.\nIn fact, the firm says now is the time to buy shares of the online travel website company.\n“We still like it despite volatility from COVID variants,” analyst Shyam Patil said after the company’s recent earnings.\n“ABNB again blew out expectations in 2Q, driven by a huge increase in travel demand,” he added.\nWhile the company warned in it earnings call about the uncertainty surrounding the variants, Patil was undeterred.\n“Although COVID-19 continues to provide substantial headwinds to both ABNB and the travel industry as a whole, ABNB is showing strong signs of recovery — gross bookings grew 37% over 2Q19 levels,” he wrote.\nPatil also predicted that Airbnb could see its highest quarterly revenue ever for the third quarter.\n“That being said, we view ABNB a must-own stock for the recovery given its strong positioning and promising long-term opportunity,” the firm said.","news_type":1,"symbols_score_info":{"ABNB":0.9}},"isVote":1,"tweetType":1,"viewCount":756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":834149948,"gmtCreate":1629783470184,"gmtModify":1631893957270,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"All Tesla business evolve around technology suchas EV, solar which require espensive semiconductor material. With these materials in worldwide shortage there’s a limit to how much it can produce. The same approach for other semicon industries. Thus just be wary of these","listText":"All Tesla business evolve around technology suchas EV, solar which require espensive semiconductor material. With these materials in worldwide shortage there’s a limit to how much it can produce. The same approach for other semicon industries. Thus just be wary of these","text":"All Tesla business evolve around technology suchas EV, solar which require espensive semiconductor material. With these materials in worldwide shortage there’s a limit to how much it can produce. The same approach for other semicon industries. Thus just be wary of these","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/834149948","repostId":"1187997976","repostType":4,"isVote":1,"tweetType":1,"viewCount":1715,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802411916,"gmtCreate":1627794657335,"gmtModify":1633756296571,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"More discounted price","listText":"More discounted price","text":"More discounted price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/802411916","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":826429220,"gmtCreate":1634048140444,"gmtModify":1634048140790,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Good discount","listText":"Good discount","text":"Good discount","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/826429220","repostId":"1125833702","repostType":4,"isVote":1,"tweetType":1,"viewCount":3273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881922937,"gmtCreate":1631286498429,"gmtModify":1631892009745,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Bitcoin is not predictable. This type of news doesnot help","listText":"Bitcoin is not predictable. This type of news doesnot help","text":"Bitcoin is not predictable. This type of news doesnot help","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881922937","repostId":"1148605188","repostType":4,"repost":{"id":"1148605188","kind":"news","pubTimestamp":1631265518,"share":"https://www.laohunote.com/m/news/1148605188?lang=zh_CN&edition=full","pubTime":"2021-09-10 17:18","market":"us","language":"en","title":"Bitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148605188","media":"seekingalpha","summary":"Summary\n\nBitcoin will be Bitcoin and bucket shops will be bucket shops.\nStocks, options, commodities","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Bitcoin will be Bitcoin and bucket shops will be bucket shops.</li>  <li>Stocks, options, commodities and forex are no different from crypto in that they are filled with crashes, skulduggery and scandal.</li>  <li>If you're in crypto you need two strategies for dealing with crashes.</li> </ul> Yesterday (7thSeptember 2021) Bitcoin crashed, and as I write it is spiking down again. As a bear this is no surprise to me, but it is a major shock to many bulls who are expecting Bitcoin to go straight to $100,000 without a halt.</p><p><blockquote><ul><li>比特币将是比特币，桶店将是桶店。</li><li>股票、期权、商品和外汇与加密货币没有什么不同，因为它们充满了崩盘、欺诈和丑闻。</li><li>如果你是加密货币，你需要两种处理崩溃的策略。</li></ul>昨天（2021年9月7日）比特币崩溃了，在我写这篇文章的时候，它又开始暴跌了。作为一个空头，这对我来说并不奇怪，但这对许多预计比特币将不间断地直奔 10 万美元的多头来说是一个重大冲击。</blockquote></p><p> Bitcoin is plagued/blessed with volatility and, make no mistake, if it did not have huge volatility, it would not be the giant brand it has become and crypto would not be the financial earthquake that is changing financial services forever.</p><p><blockquote>比特币受到波动性的困扰/祝福，毫无疑问，如果它没有巨大的波动性，它就不会成为一个巨大的品牌，加密也不会成为永远改变金融服务的金融地震。</blockquote></p><p> Markets are casinos; gamblers love to gamble and casinos love gamblers and ensure that they accommodate the players in as profitable a way as they can. Stocks, options, commodities, forex, they are no different from crypto in that they are filled with crashes, skulduggery and scandal, and the gaming tables are the same... ‘come play with leverage, come play with stop losses, this could be your lucky day.’</p><p><blockquote>市场就是赌场；赌徒喜欢赌博，赌场喜欢赌徒，并确保他们以尽可能有利可图的方式容纳玩家。股票、期权、商品、外汇，它们与加密没有什么不同，因为它们充满了崩溃、欺诈和丑闻，赌桌也是一样的……来玩杠杆，来玩止损，这可能是你的幸运日。</blockquote></p><p> Edwin Lefevre wrote the classic trading book in 1923 called ‘Reminiscences of a Stock Operator’ about famous trader/speculator/gambler Jesse Livermore. The ‘bucket shop’ scams of the time and the general trading environment around 1890-1930 remain basically unchanged today (…but, but, but think of all the regulation we have now…). Livermore was an incredibly talented trader that committed suicide when he lost it all, as traders are fated - by their counterparties and math - to do.</p><p><blockquote>埃德温-勒菲弗尔（Edwin Lefevre）于 1923 年撰写了一本名为《股票操作员回忆录》的经典交易书籍，讲述了著名交易员/投机者/赌徒杰西-利弗莫尔（Jesse Livermore）的故事。当时的 “桶店 ”骗局和 1890-1930 年前后的总体交易环境至今基本没有变化（.但是，但是，想想我们现在的所有监管.）。利弗莫尔是一位才华横溢的交易员，当他失去一切时，他自杀了，就像交易员注定要做的那样——由他们的交易对手和数学决定。</blockquote></p><p> Leverage and stop losses are just one example of how market actors like ‘bucket shops’ drive your account balances into their account balances. All the same finance scams of hidden charges, Ponzi schemes, ‘pump and dumps’ and so on are still everywhere to be seen in crypto, stocks etc. Where there are resources there are predators.</p><p><blockquote>杠杆和止损只是 “桶式商店 ”等市场参与者如何将您的账户余额转入他们的账户余额的一个例子。在加密货币、股票等领域，隐藏费用、庞氏骗局、 “拉高和转储 ”等金融骗局仍然随处可见。哪里有资源，哪里就有捕食者。</blockquote></p><p> So, a wild crash in crypto is to be expected and is perhaps even guaranteed. Take this phrase and write it like this:</p><p><blockquote>因此，加密货币的疯狂崩溃是意料之中的，甚至可能是有保证的。把这个短语写成这样：</blockquote></p><p> So, a wild crash in ______ is to be expected and is perhaps even guaranteed.</p><p><blockquote>因此，______中的疯狂坠机是意料之中的，甚至可能是有保证的。</blockquote></p><p> Fill the blank as you see fit: stocks, bonds, property, the dollar, gold, junk bonds…. It will fit in just fine.</p><p><blockquote>按你认为合适的方式填空：股票、债券、房地产、美元、黄金、垃圾债券…它会很合适。</blockquote></p><p> Crashing is what markets do.</p><p><blockquote>市场会崩溃。</blockquote></p><p> Therefore, if you want to play in crypto, or for that matter in any financial market, you need two strategies for dealing with crashes.</p><p><blockquote>因此，如果你想玩加密，或者在任何金融市场，你需要两种应对崩溃的策略。</blockquote></p><p> <b>Strategy 1) What not to do</b></p><p><blockquote><b>策略1）不要做什么</b></blockquote></p><p> <ol>  <li>Do not carry much leverage if any. If an instrument is volatile do not carry leverage at all.</li>  <li>Do not hold stop losses on another party’s platforms.</li>  <li>Do not hold positions for no good reason.</li>  <li>Be prepared to hold your positions after a crash if you get caught and stuck in one</li>  <li>If you are<b>certain</b>a crash is underway, do not hold and hope,<i>sell</i>.</li> </ol> <b>Strategy 2) What to do</b></p><p><blockquote><ol><li>如果有的话，不要携带太多杠杆。如果一种工具不稳定，根本不要使用杠杆。</li><li>不要在对方平台上持有止损。</li><li>没有正当理由不要持有头寸。</li><li>如果您被困在车祸后，请做好坚守阵地的准备</li><li>如果你是<b>某些</b>车祸正在发生，不要抱着希望，<i>出售</i>.</li></ol><b>策略2）做什么</b></blockquote></p><p> <ol>  <li>Never stop searching out the next crash. It is inevitable. One BTC at $60,000 is two BTC at $30,000.</li>  <li>Buy the crash but only well after it’s happened and the dust is settling. This is the ultimate test of an investor.</li>  <li>If you must trade during a crash, make sure you can depend on your providers not shuttering you in or out when it matters most (as true in stocks as in crypto). If you cannot depend on your service provider do not play. There is no customer service during a crash.</li> </ol> A crash is a 25% drop in a dull asset but 50%-75% in anything spicy like crypto and 90% outside the blue chip instruments of a market.</p><p><blockquote><ol><li>永远不要停止寻找下一次坠机事件。这是不可避免的。一个60,000美元的BTC是两个30,000美元的BTC。</li><li>买入车祸，但要在车祸发生后很久，尘埃落定。这是对投资者的终极考验。</li><li>如果您必须在崩盘期间进行交易，请确保您可以依靠您的提供商不会在最重要的时候将您拒之门外（股票和加密货币都是如此）。如果你不能依赖你的服务提供商，就不要玩。崩溃时没有客户服务。</li></ol>崩盘是指沉闷资产下跌 25%，但加密货币等任何辛辣资产下跌 50%-75%，市场蓝筹股工具以外的资产下跌 90%。</blockquote></p><p> <b>What next?</b></p><p><blockquote><b>下一步呢？</b></blockquote></p><p> Here is the chart:</p><p><blockquote>这是图表：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8e84d0c18312986bee801a102afc9dd6\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\">I’m still a bear<i>but</i>I think the recent rally is heavily driven by the social clampdown in China with Bitcoin and other cryptos a way of expatriating capital away from a developing authoritarian nightmare; a nightmare where even kids who want to play computer games can’t escape the boot of ideology. The impact of this new development may prove to be extremely potent and not in a good way for many, but for crypto it could be very strong.</p><p><blockquote>我还是一只熊<i>但</i>我认为最近的反弹在很大程度上是由中国社会打压推动的，中国社会打压比特币和其他加密货币是一种将资本从发展中的威权噩梦中转移出去的方式；这是一场噩梦，即使是想玩电脑游戏的孩子也无法逃脱意识形态的束缚。这一新发展的影响可能会被证明是非常强大的，对许多人来说不是好的，但对加密来说，它可能会非常强大。</blockquote></p><p> However, without that tailwind or other geopolitical conniptions I would expect Bitcoin to go under $20,000 but markets don’t listen to me. Like with every call, you must measure your speculation against what transpired. I produced a similar chart a few months ago showing the bull and the bear trend like the above. I hovered to the bear trend as the move I expected, and up went Bitcoin exactly on the bull trend as if by magic. Speculation is just that, and you have to believe what you see not what you think.</p><p><blockquote>不过，如果没有这一顺风或其他地缘政治因素，我预计比特币股价将跌破 2 万美元，但市场并不听我的。就像每一个看涨期权一样，你必须根据发生的事情来衡量你的猜测。几个月前，我制作了一张类似的图表，显示了如上所示的牛市和熊市趋势。正如我所预期的那样，我徘徊在熊市趋势上，比特币就像变魔术一样，完全沿着牛市趋势上涨。投机就是这样，你必须相信你所看到的，而不是你所想的。</blockquote></p><p> The above trends will therefore develop, and I remain a bear.</p><p><blockquote>因此，上述趋势将会发展，我仍然看空。</blockquote></p><p> <b>What to do?</b></p><p><blockquote><b>怎么办？</b></blockquote></p><p></p><p> The golden rule is if you think you know, you don’t, so stop. If you know you know then proceed.</p><p><blockquote>黄金法则是，如果你认为你知道，那你就不知道，那就停下来。如果你知道你知道，那就继续前进。</blockquote></p><p> Specifically:</p><p><blockquote>具体而言：</blockquote></p><p> <ol>  <li>If you are a Hodl’er continue to dollar cost average in. If it really does melt down then perhaps drop some extra fiat in.</li>  <li>If you don’t know what to do and need to ask then sell and save your fiat for when you are certain of your positions</li>  <li>If you want to buy the dip be sure you want to hold because you might need to Hodl for a long time. If you are looking to flip you should wait because this move could go way lower.</li>  <li>If you want to trade, look to go against extreme moves but only when they make your eyes bug out. Make sure the platform you use won’t choke and can execute under extreme volume.</li>  <li>If you are looking for a re-entry - like me - this isn’t it (yet).</li>  <li>If you are a tyro trader, study every tick of this. Crashes are where the real traders and investors make their killings because this is where the novices lose their shirts.</li> </ol> <b>What am I doing?</b></p><p><blockquote><ol><li>如果您是 Hodl 爱好者，请继续使用美元成本平均值。如果它真的融化了，那么也许可以添加一些额外的菲亚特。</li><li>如果你不知道该怎么办，需要询问，那就卖掉你的菲亚特，把它存起来，等你确定自己的头寸后再买。</li><li>如果你想逢低买入，一定要持有，因为你可能需要长期持有。如果你想翻转，你应该等待，因为这一举动可能会走得更低。</li><li>如果你想交易，要反对极端的举动，但前提是它们会让你眼花缭乱。确保您使用的平台不会窒息，并且能够在极端音量下执行。</li><li>如果你和我一样，正在寻找一个重返赛场的机会，那么现在还不是时候。</li><li>如果您是 tyro 交易者，请仔细研究其中的每一个细节。崩盘是真正的交易者和投资者杀戮的地方，因为这是新手失去衬衫的地方。</li></ol><b>我在干什么？</b></blockquote></p><p> ‘Hodling’ what little ‘unstable coins’ I have. I am watching out for what will look great value when this move capitulates while focusing on midcap tokens for now. If this is the big crash of this cycle, after it’s all over and a week or two later, I’ll be picking a portfolio from the rubble.</p><p><blockquote>“囤积 ”我仅有的一点 “不稳定的硬币 ”。我正在关注当这一举措投降时看起来会有什么巨大的价值，同时目前专注于中型股代币。如果这是这个周期的大崩盘，那么在一切结束之后，一两周后，我将从废墟中挑选一个投资组合。</blockquote></p><p> Bitcoin dropped another $1000 while I wrote this article and jumped $1000 while I edited it. The big take away is Bitcoin will be Bitcoin and crypto will always crash and moon and that is one of the reasons it will always be a huge brand fascinating millions.</p><p><blockquote>在我写这篇文章的时候，比特币又降了1000美元，在我编辑这篇文章的时候又涨了1000美元。最大的收获是比特币将是比特币，加密将永远崩溃和月亮，这是它将永远是一个吸引数百万人的巨大品牌的原因之一。</blockquote></p><p> Long term, Bitcoin will go a lot higher but it will not be a smooth or short road.</p><p><blockquote>从长远来看，比特币会走得更高，但这不会是一条平坦或短路。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Crash September 2021: What You Should Know<blockquote>2021 年 9 月比特币车祸：您应该知道什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-09-10 17:18</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>Bitcoin will be Bitcoin and bucket shops will be bucket shops.</li>  <li>Stocks, options, commodities and forex are no different from crypto in that they are filled with crashes, skulduggery and scandal.</li>  <li>If you're in crypto you need two strategies for dealing with crashes.</li> </ul> Yesterday (7thSeptember 2021) Bitcoin crashed, and as I write it is spiking down again. As a bear this is no surprise to me, but it is a major shock to many bulls who are expecting Bitcoin to go straight to $100,000 without a halt.</p><p><blockquote><ul><li>比特币将是比特币，桶店将是桶店。</li><li>股票、期权、商品和外汇与加密货币没有什么不同，因为它们充满了崩盘、欺诈和丑闻。</li><li>如果你是加密货币，你需要两种处理崩溃的策略。</li></ul>昨天（2021年9月7日）比特币崩溃了，在我写这篇文章的时候，它又开始暴跌了。作为一个空头，这对我来说并不奇怪，但这对许多预计比特币将不间断地直奔 10 万美元的多头来说是一个重大冲击。</blockquote></p><p> Bitcoin is plagued/blessed with volatility and, make no mistake, if it did not have huge volatility, it would not be the giant brand it has become and crypto would not be the financial earthquake that is changing financial services forever.</p><p><blockquote>比特币受到波动性的困扰/祝福，毫无疑问，如果它没有巨大的波动性，它就不会成为一个巨大的品牌，加密也不会成为永远改变金融服务的金融地震。</blockquote></p><p> Markets are casinos; gamblers love to gamble and casinos love gamblers and ensure that they accommodate the players in as profitable a way as they can. Stocks, options, commodities, forex, they are no different from crypto in that they are filled with crashes, skulduggery and scandal, and the gaming tables are the same... ‘come play with leverage, come play with stop losses, this could be your lucky day.’</p><p><blockquote>市场就是赌场；赌徒喜欢赌博，赌场喜欢赌徒，并确保他们以尽可能有利可图的方式容纳玩家。股票、期权、商品、外汇，它们与加密没有什么不同，因为它们充满了崩溃、欺诈和丑闻，赌桌也是一样的……来玩杠杆，来玩止损，这可能是你的幸运日。</blockquote></p><p> Edwin Lefevre wrote the classic trading book in 1923 called ‘Reminiscences of a Stock Operator’ about famous trader/speculator/gambler Jesse Livermore. The ‘bucket shop’ scams of the time and the general trading environment around 1890-1930 remain basically unchanged today (…but, but, but think of all the regulation we have now…). Livermore was an incredibly talented trader that committed suicide when he lost it all, as traders are fated - by their counterparties and math - to do.</p><p><blockquote>埃德温-勒菲弗尔（Edwin Lefevre）于 1923 年撰写了一本名为《股票操作员回忆录》的经典交易书籍，讲述了著名交易员/投机者/赌徒杰西-利弗莫尔（Jesse Livermore）的故事。当时的 “桶店 ”骗局和 1890-1930 年前后的总体交易环境至今基本没有变化（.但是，但是，想想我们现在的所有监管.）。利弗莫尔是一位才华横溢的交易员，当他失去一切时，他自杀了，就像交易员注定要做的那样——由他们的交易对手和数学决定。</blockquote></p><p> Leverage and stop losses are just one example of how market actors like ‘bucket shops’ drive your account balances into their account balances. All the same finance scams of hidden charges, Ponzi schemes, ‘pump and dumps’ and so on are still everywhere to be seen in crypto, stocks etc. Where there are resources there are predators.</p><p><blockquote>杠杆和止损只是 “桶式商店 ”等市场参与者如何将您的账户余额转入他们的账户余额的一个例子。在加密货币、股票等领域，隐藏费用、庞氏骗局、 “拉高和转储 ”等金融骗局仍然随处可见。哪里有资源，哪里就有捕食者。</blockquote></p><p> So, a wild crash in crypto is to be expected and is perhaps even guaranteed. Take this phrase and write it like this:</p><p><blockquote>因此，加密货币的疯狂崩溃是意料之中的，甚至可能是有保证的。把这个短语写成这样：</blockquote></p><p> So, a wild crash in ______ is to be expected and is perhaps even guaranteed.</p><p><blockquote>因此，______中的疯狂坠机是意料之中的，甚至可能是有保证的。</blockquote></p><p> Fill the blank as you see fit: stocks, bonds, property, the dollar, gold, junk bonds…. It will fit in just fine.</p><p><blockquote>按你认为合适的方式填空：股票、债券、房地产、美元、黄金、垃圾债券…它会很合适。</blockquote></p><p> Crashing is what markets do.</p><p><blockquote>市场会崩溃。</blockquote></p><p> Therefore, if you want to play in crypto, or for that matter in any financial market, you need two strategies for dealing with crashes.</p><p><blockquote>因此，如果你想玩加密，或者在任何金融市场，你需要两种应对崩溃的策略。</blockquote></p><p> <b>Strategy 1) What not to do</b></p><p><blockquote><b>策略1）不要做什么</b></blockquote></p><p> <ol>  <li>Do not carry much leverage if any. If an instrument is volatile do not carry leverage at all.</li>  <li>Do not hold stop losses on another party’s platforms.</li>  <li>Do not hold positions for no good reason.</li>  <li>Be prepared to hold your positions after a crash if you get caught and stuck in one</li>  <li>If you are<b>certain</b>a crash is underway, do not hold and hope,<i>sell</i>.</li> </ol> <b>Strategy 2) What to do</b></p><p><blockquote><ol><li>如果有的话，不要携带太多杠杆。如果一种工具不稳定，根本不要使用杠杆。</li><li>不要在对方平台上持有止损。</li><li>没有正当理由不要持有头寸。</li><li>如果您被困在车祸后，请做好坚守阵地的准备</li><li>如果你是<b>某些</b>车祸正在发生，不要抱着希望，<i>出售</i>.</li></ol><b>策略2）做什么</b></blockquote></p><p> <ol>  <li>Never stop searching out the next crash. It is inevitable. One BTC at $60,000 is two BTC at $30,000.</li>  <li>Buy the crash but only well after it’s happened and the dust is settling. This is the ultimate test of an investor.</li>  <li>If you must trade during a crash, make sure you can depend on your providers not shuttering you in or out when it matters most (as true in stocks as in crypto). If you cannot depend on your service provider do not play. There is no customer service during a crash.</li> </ol> A crash is a 25% drop in a dull asset but 50%-75% in anything spicy like crypto and 90% outside the blue chip instruments of a market.</p><p><blockquote><ol><li>永远不要停止寻找下一次坠机事件。这是不可避免的。一个60,000美元的BTC是两个30,000美元的BTC。</li><li>买入车祸，但要在车祸发生后很久，尘埃落定。这是对投资者的终极考验。</li><li>如果您必须在崩盘期间进行交易，请确保您可以依靠您的提供商不会在最重要的时候将您拒之门外（股票和加密货币都是如此）。如果你不能依赖你的服务提供商，就不要玩。崩溃时没有客户服务。</li></ol>崩盘是指沉闷资产下跌 25%，但加密货币等任何辛辣资产下跌 50%-75%，市场蓝筹股工具以外的资产下跌 90%。</blockquote></p><p> <b>What next?</b></p><p><blockquote><b>下一步呢？</b></blockquote></p><p> Here is the chart:</p><p><blockquote>这是图表：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8e84d0c18312986bee801a102afc9dd6\" tg-width=\"640\" tg-height=\"420\" width=\"100%\" height=\"auto\">I’m still a bear<i>but</i>I think the recent rally is heavily driven by the social clampdown in China with Bitcoin and other cryptos a way of expatriating capital away from a developing authoritarian nightmare; a nightmare where even kids who want to play computer games can’t escape the boot of ideology. The impact of this new development may prove to be extremely potent and not in a good way for many, but for crypto it could be very strong.</p><p><blockquote>我还是一只熊<i>但</i>我认为最近的反弹在很大程度上是由中国社会打压推动的，中国社会打压比特币和其他加密货币是一种将资本从发展中的威权噩梦中转移出去的方式；这是一场噩梦，即使是想玩电脑游戏的孩子也无法逃脱意识形态的束缚。这一新发展的影响可能会被证明是非常强大的，对许多人来说不是好的，但对加密来说，它可能会非常强大。</blockquote></p><p> However, without that tailwind or other geopolitical conniptions I would expect Bitcoin to go under $20,000 but markets don’t listen to me. Like with every call, you must measure your speculation against what transpired. I produced a similar chart a few months ago showing the bull and the bear trend like the above. I hovered to the bear trend as the move I expected, and up went Bitcoin exactly on the bull trend as if by magic. Speculation is just that, and you have to believe what you see not what you think.</p><p><blockquote>不过，如果没有这一顺风或其他地缘政治因素，我预计比特币股价将跌破 2 万美元，但市场并不听我的。就像每一个看涨期权一样，你必须根据发生的事情来衡量你的猜测。几个月前，我制作了一张类似的图表，显示了如上所示的牛市和熊市趋势。正如我所预期的那样，我徘徊在熊市趋势上，比特币就像变魔术一样，完全沿着牛市趋势上涨。投机就是这样，你必须相信你所看到的，而不是你所想的。</blockquote></p><p> The above trends will therefore develop, and I remain a bear.</p><p><blockquote>因此，上述趋势将会发展，我仍然看空。</blockquote></p><p> <b>What to do?</b></p><p><blockquote><b>怎么办？</b></blockquote></p><p></p><p> The golden rule is if you think you know, you don’t, so stop. If you know you know then proceed.</p><p><blockquote>黄金法则是，如果你认为你知道，那你就不知道，那就停下来。如果你知道你知道，那就继续前进。</blockquote></p><p> Specifically:</p><p><blockquote>具体而言：</blockquote></p><p> <ol>  <li>If you are a Hodl’er continue to dollar cost average in. If it really does melt down then perhaps drop some extra fiat in.</li>  <li>If you don’t know what to do and need to ask then sell and save your fiat for when you are certain of your positions</li>  <li>If you want to buy the dip be sure you want to hold because you might need to Hodl for a long time. If you are looking to flip you should wait because this move could go way lower.</li>  <li>If you want to trade, look to go against extreme moves but only when they make your eyes bug out. Make sure the platform you use won’t choke and can execute under extreme volume.</li>  <li>If you are looking for a re-entry - like me - this isn’t it (yet).</li>  <li>If you are a tyro trader, study every tick of this. Crashes are where the real traders and investors make their killings because this is where the novices lose their shirts.</li> </ol> <b>What am I doing?</b></p><p><blockquote><ol><li>如果您是 Hodl 爱好者，请继续使用美元成本平均值。如果它真的融化了，那么也许可以添加一些额外的菲亚特。</li><li>如果你不知道该怎么办，需要询问，那就卖掉你的菲亚特，把它存起来，等你确定自己的头寸后再买。</li><li>如果你想逢低买入，一定要持有，因为你可能需要长期持有。如果你想翻转，你应该等待，因为这一举动可能会走得更低。</li><li>如果你想交易，要反对极端的举动，但前提是它们会让你眼花缭乱。确保您使用的平台不会窒息，并且能够在极端音量下执行。</li><li>如果你和我一样，正在寻找一个重返赛场的机会，那么现在还不是时候。</li><li>如果您是 tyro 交易者，请仔细研究其中的每一个细节。崩盘是真正的交易者和投资者杀戮的地方，因为这是新手失去衬衫的地方。</li></ol><b>我在干什么？</b></blockquote></p><p> ‘Hodling’ what little ‘unstable coins’ I have. I am watching out for what will look great value when this move capitulates while focusing on midcap tokens for now. If this is the big crash of this cycle, after it’s all over and a week or two later, I’ll be picking a portfolio from the rubble.</p><p><blockquote>“囤积 ”我仅有的一点 “不稳定的硬币 ”。我正在关注当这一举措投降时看起来会有什么巨大的价值，同时目前专注于中型股代币。如果这是这个周期的大崩盘，那么在一切结束之后，一两周后，我将从废墟中挑选一个投资组合。</blockquote></p><p> Bitcoin dropped another $1000 while I wrote this article and jumped $1000 while I edited it. The big take away is Bitcoin will be Bitcoin and crypto will always crash and moon and that is one of the reasons it will always be a huge brand fascinating millions.</p><p><blockquote>在我写这篇文章的时候，比特币又降了1000美元，在我编辑这篇文章的时候又涨了1000美元。最大的收获是比特币将是比特币，加密将永远崩溃和月亮，这是它将永远是一个吸引数百万人的巨大品牌的原因之一。</blockquote></p><p> Long term, Bitcoin will go a lot higher but it will not be a smooth or short road.</p><p><blockquote>从长远来看，比特币会走得更高，但这不会是一条平坦或短路。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4454069-bitcoin-crash-september-2021-what-you-should-know\">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":{"GBTC":"比特币ETF-Grayscale","01499":"欧科云链","01611":"新火集团","COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4454069-bitcoin-crash-september-2021-what-you-should-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148605188","content_text":"Summary\n\nBitcoin will be Bitcoin and bucket shops will be bucket shops.\nStocks, options, commodities and forex are no different from crypto in that they are filled with crashes, skulduggery and scandal.\nIf you're in crypto you need two strategies for dealing with crashes.\n\nYesterday (7thSeptember 2021) Bitcoin crashed, and as I write it is spiking down again. As a bear this is no surprise to me, but it is a major shock to many bulls who are expecting Bitcoin to go straight to $100,000 without a halt.\nBitcoin is plagued/blessed with volatility and, make no mistake, if it did not have huge volatility, it would not be the giant brand it has become and crypto would not be the financial earthquake that is changing financial services forever.\nMarkets are casinos; gamblers love to gamble and casinos love gamblers and ensure that they accommodate the players in as profitable a way as they can. Stocks, options, commodities, forex, they are no different from crypto in that they are filled with crashes, skulduggery and scandal, and the gaming tables are the same... ‘come play with leverage, come play with stop losses, this could be your lucky day.’\nEdwin Lefevre wrote the classic trading book in 1923 called ‘Reminiscences of a Stock Operator’ about famous trader/speculator/gambler Jesse Livermore. The ‘bucket shop’ scams of the time and the general trading environment around 1890-1930 remain basically unchanged today (…but, but, but think of all the regulation we have now…). Livermore was an incredibly talented trader that committed suicide when he lost it all, as traders are fated - by their counterparties and math - to do.\nLeverage and stop losses are just one example of how market actors like ‘bucket shops’ drive your account balances into their account balances. All the same finance scams of hidden charges, Ponzi schemes, ‘pump and dumps’ and so on are still everywhere to be seen in crypto, stocks etc. Where there are resources there are predators.\nSo, a wild crash in crypto is to be expected and is perhaps even guaranteed. Take this phrase and write it like this:\nSo, a wild crash in ______ is to be expected and is perhaps even guaranteed.\nFill the blank as you see fit: stocks, bonds, property, the dollar, gold, junk bonds…. It will fit in just fine.\nCrashing is what markets do.\nTherefore, if you want to play in crypto, or for that matter in any financial market, you need two strategies for dealing with crashes.\nStrategy 1) What not to do\n\nDo not carry much leverage if any. If an instrument is volatile do not carry leverage at all.\nDo not hold stop losses on another party’s platforms.\nDo not hold positions for no good reason.\nBe prepared to hold your positions after a crash if you get caught and stuck in one\nIf you arecertaina crash is underway, do not hold and hope,sell.\n\nStrategy 2) What to do\n\nNever stop searching out the next crash. It is inevitable. One BTC at $60,000 is two BTC at $30,000.\nBuy the crash but only well after it’s happened and the dust is settling. This is the ultimate test of an investor.\nIf you must trade during a crash, make sure you can depend on your providers not shuttering you in or out when it matters most (as true in stocks as in crypto). If you cannot depend on your service provider do not play. There is no customer service during a crash.\n\nA crash is a 25% drop in a dull asset but 50%-75% in anything spicy like crypto and 90% outside the blue chip instruments of a market.\nWhat next?\nHere is the chart:\nI’m still a bearbutI think the recent rally is heavily driven by the social clampdown in China with Bitcoin and other cryptos a way of expatriating capital away from a developing authoritarian nightmare; a nightmare where even kids who want to play computer games can’t escape the boot of ideology. The impact of this new development may prove to be extremely potent and not in a good way for many, but for crypto it could be very strong.\nHowever, without that tailwind or other geopolitical conniptions I would expect Bitcoin to go under $20,000 but markets don’t listen to me. Like with every call, you must measure your speculation against what transpired. I produced a similar chart a few months ago showing the bull and the bear trend like the above. I hovered to the bear trend as the move I expected, and up went Bitcoin exactly on the bull trend as if by magic. Speculation is just that, and you have to believe what you see not what you think.\nThe above trends will therefore develop, and I remain a bear.\nWhat to do?\nThe golden rule is if you think you know, you don’t, so stop. If you know you know then proceed.\nSpecifically:\n\nIf you are a Hodl’er continue to dollar cost average in. If it really does melt down then perhaps drop some extra fiat in.\nIf you don’t know what to do and need to ask then sell and save your fiat for when you are certain of your positions\nIf you want to buy the dip be sure you want to hold because you might need to Hodl for a long time. If you are looking to flip you should wait because this move could go way lower.\nIf you want to trade, look to go against extreme moves but only when they make your eyes bug out. Make sure the platform you use won’t choke and can execute under extreme volume.\nIf you are looking for a re-entry - like me - this isn’t it (yet).\nIf you are a tyro trader, study every tick of this. Crashes are where the real traders and investors make their killings because this is where the novices lose their shirts.\n\nWhat am I doing?\n‘Hodling’ what little ‘unstable coins’ I have. I am watching out for what will look great value when this move capitulates while focusing on midcap tokens for now. If this is the big crash of this cycle, after it’s all over and a week or two later, I’ll be picking a portfolio from the rubble.\nBitcoin dropped another $1000 while I wrote this article and jumped $1000 while I edited it. The big take away is Bitcoin will be Bitcoin and crypto will always crash and moon and that is one of the reasons it will always be a huge brand fascinating millions.\nLong term, Bitcoin will go a lot higher but it will not be a smooth or short road.","news_type":1,"symbols_score_info":{"GBTC":0.9,"01499":0.9,"COIN":0.9,"01611":0.9}},"isVote":1,"tweetType":1,"viewCount":2262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810183274,"gmtCreate":1629952079998,"gmtModify":1631893957256,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Venturing into ads. That’s a good move","listText":"Venturing into ads. That’s a good move","text":"Venturing into ads. That’s a good move","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/810183274","repostId":"2162525350","repostType":4,"isVote":1,"tweetType":1,"viewCount":1044,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891700382,"gmtCreate":1628421265146,"gmtModify":1633747218131,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891700382","repostId":"1122174975","repostType":4,"repost":{"id":"1122174975","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":1628257533,"share":"https://www.laohunote.com/m/news/1122174975?lang=zh_CN&edition=full","pubTime":"2021-08-06 21:45","market":"us","language":"en","title":"EV stocks fell in morning trading<blockquote>电动汽车股早盘下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122174975","media":"Tiger Newspress","summary":"(Aug 6)&nbsp;$Tesla Motors(TSLA)$ fell 0.41%; $NIO Inc.(NIO)$ , $XPeng Inc.(XPEV)$ fell over 1%; $Li Auto(LI)$ fell 0.80%.","content":"<p>(Aug 6)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> fell 0.41%; <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> , <a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a> fell over 1%; <a href=\"https://laohu8.com/S/LI\">Li Auto</a> fell 0.80%.</p><p><blockquote>（8月6日）<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>下跌0.41%；<a href=\"https://laohu8.com/S/NIO\">蔚来</a>,<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌破1%；<a href=\"https://laohu8.com/S/LI\">理想汽车</a>下跌0.80%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4cc49234e47a8e48665d95c05d103786\" tg-width=\"345\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV stocks fell in morning trading<blockquote>电动汽车股早盘下跌</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\">\nEV stocks fell in morning trading<blockquote>电动汽车股早盘下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-06 21:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 6)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> fell 0.41%; <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> , <a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a> fell over 1%; <a href=\"https://laohu8.com/S/LI\">Li Auto</a> fell 0.80%.</p><p><blockquote>（8月6日）<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>下跌0.41%；<a href=\"https://laohu8.com/S/NIO\">蔚来</a>,<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>跌破1%；<a href=\"https://laohu8.com/S/LI\">理想汽车</a>下跌0.80%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4cc49234e47a8e48665d95c05d103786\" tg-width=\"345\" tg-height=\"209\" referrerpolicy=\"no-referrer\"></p><p><blockquote></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":"1122174975","content_text":"(Aug 6) Tesla Motors fell 0.41%; NIO Inc. , XPeng Inc. fell over 1%; Li Auto fell 0.80%.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809571657,"gmtCreate":1627383161879,"gmtModify":1633765541327,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809571657","repostId":"2154899497","repostType":4,"repost":{"id":"2154899497","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":1627377481,"share":"https://www.laohunote.com/m/news/2154899497?lang=zh_CN&edition=full","pubTime":"2021-07-27 17:18","market":"us","language":"en","title":"7 Stocks To Watch For July 27, 2021<blockquote>2021 年 7 月 27 日值得关注的 7 只股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2154899497","media":"Benzinga Earnings","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects  General Electric Company (NYSE: GE) to report quarterly earnings at $0.04 per share on revenue of $18.13 billion before the opening bell. GE shares rose 0.8% to $13.02 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>General Electric Company</b> (NYSE:GE) to report quarterly earnings at $0.04 per share on revenue of $18.13 billion before the opening bell. GE shares rose 0.8% to $13.02 in after-hours trading.</li>  <li>Analysts are expecting <b>Apple Inc</b> (NASDAQ:AAPL) to have earned $1.00 per share on revenue of $72.93 billion for the latest quarter. The company will release earnings after the markets close. Apple shares gained 0.2% to $149.26 in after-hours trading.</li>  <li><b>Tesla Inc</b> (NASDAQ:TSLA) reported stronger-than-expected results for its second quarter on Monday. Total vehicle production totaled 206,421, up 151% year over year. Deliveries in the second quarter were up 121% year-over-year to 201,304. Tesla shares gained 1% to $664.16 in the after-hours trading session.</li> </ul> <ul>  <li>After the closing bell, <b>Alphabet Inc</b> (NASDAQ:GOOGL) is projected to post quarterly earnings at $19.21 per share on revenue of $56.02 billion. Alphabet shares gained 0.5% to $2,694.00 in after-hours trading.</li>  <li>Analysts expect <b><a href=\"https://laohu8.com/S/MMM\">3M</a> Co</b> (NYSE:MMM) to report quarterly earnings at $2.26 per share on revenue of $8.55 billion before the opening bell. 3M shares slipped 0.1% to $201.50 in after-hours trading.</li>  <li><b>F5 Networks</b> (NASDAQ:FFIV) reported upbeat results for its third quarter. The company also said it sees Q4 adjusted earnings of $2.68 to $2.80 per share on sales of $660 million to $680 million. F5 Networks shares surged 6.1% to $204.27 in the after-hours trading session.</li>  <li>Analysts expect <b>Microsoft Corporation</b> (NASDAQ:MSFT) to post quarterly earnings at $1.90 per share on revenue of $44.10 billion after the closing bell. Microsoft shares rose 0.2% to $289.62 in after-hours trading.</li> </ul></p><p><blockquote><ul><li>华尔街预期<b>通用电气公司</b>（纽约证券交易所股票代码：GE）将公布季度收益，每股 0.04 美元，开盘前营收为 181.3 亿美元。GE 股价在盘后交易中上涨 0.8%，至 13.02 美元。</li><li>分析师预计<b>苹果公司</b>（纳斯达克股票代码：AAPL）最新季度每股收益 1.00 美元，营收为 729.3 亿美元。该公司将在收盘后发布财报。苹果股价在盘后交易中上涨 0.2%，至 149.26 美元。</li><li><b>特斯拉公司</b>（纳斯达克股票代码：TSLA）周一公布了强于预期的第二季度业绩。汽车总产量206,421辆，同比增长151%。第二季度交付量同比增长 121%，达到 201,304 辆。特斯拉股价在盘后交易时段上涨 1%，至 664.16 美元。</li></ul><ul><li>收盘钟声过后，<b>Alphabet公司</b>（纳斯达克股票代码：GOOGL）预计季度收益为每股 19.21 美元，营收为 560.2 亿美元。Alphabet股价在盘后交易中上涨 0.5%，至 2,694.00 美元。</li><li>分析师预计<b><a href=\"https://laohu8.com/S/MMM\">3M</a>共</b>（纽约证券交易所股票代码：MMM）将公布季度收益，每股 2.26 美元，开盘前营收为 85.5 亿美元。3M 股价在盘后交易中下跌 0.1%，至 201.50 美元。</li><li><b>F5网络</b>（纳斯达克股票代码：FFIV）公布了乐观的第三季度业绩。该公司还表示，预计第四季度调整后每股收益为 2.68 美元至 2.80 美元，销售额为 6.6 亿至 6.8 亿美元。F5 Networks 股价在盘后交易时段飙升 6.1%，至 204.27 美元。</li><li>分析师预计<b>微软公司</b>（纳斯达克股票代码：MSFT）收盘后公布季度收益为每股 1.90 美元，营收为 441 亿美元。微软股价在盘后交易中上涨 0.2%，至 289.62 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>7 Stocks To Watch For July 27, 2021<blockquote>2021 年 7 月 27 日值得关注的 7 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\">\n7 Stocks To Watch For July 27, 2021<blockquote>2021 年 7 月 27 日值得关注的 7 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\">2021-07-27 17:18</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>General Electric Company</b> (NYSE:GE) to report quarterly earnings at $0.04 per share on revenue of $18.13 billion before the opening bell. GE shares rose 0.8% to $13.02 in after-hours trading.</li>  <li>Analysts are expecting <b>Apple Inc</b> (NASDAQ:AAPL) to have earned $1.00 per share on revenue of $72.93 billion for the latest quarter. The company will release earnings after the markets close. Apple shares gained 0.2% to $149.26 in after-hours trading.</li>  <li><b>Tesla Inc</b> (NASDAQ:TSLA) reported stronger-than-expected results for its second quarter on Monday. Total vehicle production totaled 206,421, up 151% year over year. Deliveries in the second quarter were up 121% year-over-year to 201,304. Tesla shares gained 1% to $664.16 in the after-hours trading session.</li> </ul> <ul>  <li>After the closing bell, <b>Alphabet Inc</b> (NASDAQ:GOOGL) is projected to post quarterly earnings at $19.21 per share on revenue of $56.02 billion. Alphabet shares gained 0.5% to $2,694.00 in after-hours trading.</li>  <li>Analysts expect <b><a href=\"https://laohu8.com/S/MMM\">3M</a> Co</b> (NYSE:MMM) to report quarterly earnings at $2.26 per share on revenue of $8.55 billion before the opening bell. 3M shares slipped 0.1% to $201.50 in after-hours trading.</li>  <li><b>F5 Networks</b> (NASDAQ:FFIV) reported upbeat results for its third quarter. The company also said it sees Q4 adjusted earnings of $2.68 to $2.80 per share on sales of $660 million to $680 million. F5 Networks shares surged 6.1% to $204.27 in the after-hours trading session.</li>  <li>Analysts expect <b>Microsoft Corporation</b> (NASDAQ:MSFT) to post quarterly earnings at $1.90 per share on revenue of $44.10 billion after the closing bell. Microsoft shares rose 0.2% to $289.62 in after-hours trading.</li> </ul></p><p><blockquote><ul><li>华尔街预期<b>通用电气公司</b>（纽约证券交易所股票代码：GE）将公布季度收益，每股 0.04 美元，开盘前营收为 181.3 亿美元。GE 股价在盘后交易中上涨 0.8%，至 13.02 美元。</li><li>分析师预计<b>苹果公司</b>（纳斯达克股票代码：AAPL）最新季度每股收益 1.00 美元，营收为 729.3 亿美元。该公司将在收盘后发布财报。苹果股价在盘后交易中上涨 0.2%，至 149.26 美元。</li><li><b>特斯拉公司</b>（纳斯达克股票代码：TSLA）周一公布了强于预期的第二季度业绩。汽车总产量206,421辆，同比增长151%。第二季度交付量同比增长 121%，达到 201,304 辆。特斯拉股价在盘后交易时段上涨 1%，至 664.16 美元。</li></ul><ul><li>收盘钟声过后，<b>Alphabet公司</b>（纳斯达克股票代码：GOOGL）预计季度收益为每股 19.21 美元，营收为 560.2 亿美元。Alphabet股价在盘后交易中上涨 0.5%，至 2,694.00 美元。</li><li>分析师预计<b><a href=\"https://laohu8.com/S/MMM\">3M</a>共</b>（纽约证券交易所股票代码：MMM）将公布季度收益，每股 2.26 美元，开盘前营收为 85.5 亿美元。3M 股价在盘后交易中下跌 0.1%，至 201.50 美元。</li><li><b>F5网络</b>（纳斯达克股票代码：FFIV）公布了乐观的第三季度业绩。该公司还表示，预计第四季度调整后每股收益为 2.68 美元至 2.80 美元，销售额为 6.6 亿至 6.8 亿美元。F5 Networks 股价在盘后交易时段飙升 6.1%，至 204.27 美元。</li><li>分析师预计<b>微软公司</b>（纳斯达克股票代码：MSFT）收盘后公布季度收益为每股 1.90 美元，营收为 441 亿美元。微软股价在盘后交易中上涨 0.2%，至 289.62 美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","GE":"GE航空航天","FFIV":"F5 Inc","QNETCN":"纳斯达克中美互联网老虎指数","TSLA":"特斯拉","MMM":"3M","09086":"华夏纳指-U","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154899497","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects General Electric Company (NYSE:GE) to report quarterly earnings at $0.04 per share on revenue of $18.13 billion before the opening bell. GE shares rose 0.8% to $13.02 in after-hours trading.\nAnalysts are expecting Apple Inc (NASDAQ:AAPL) to have earned $1.00 per share on revenue of $72.93 billion for the latest quarter. The company will release earnings after the markets close. Apple shares gained 0.2% to $149.26 in after-hours trading.\nTesla Inc (NASDAQ:TSLA) reported stronger-than-expected results for its second quarter on Monday. Total vehicle production totaled 206,421, up 151% year over year. Deliveries in the second quarter were up 121% year-over-year to 201,304. Tesla shares gained 1% to $664.16 in the after-hours trading session.\n\n\nAfter the closing bell, Alphabet Inc (NASDAQ:GOOGL) is projected to post quarterly earnings at $19.21 per share on revenue of $56.02 billion. Alphabet shares gained 0.5% to $2,694.00 in after-hours trading.\nAnalysts expect 3M Co (NYSE:MMM) to report quarterly earnings at $2.26 per share on revenue of $8.55 billion before the opening bell. 3M shares slipped 0.1% to $201.50 in after-hours trading.\nF5 Networks (NASDAQ:FFIV) reported upbeat results for its third quarter. The company also said it sees Q4 adjusted earnings of $2.68 to $2.80 per share on sales of $660 million to $680 million. F5 Networks shares surged 6.1% to $204.27 in the after-hours trading session.\nAnalysts expect Microsoft Corporation (NASDAQ:MSFT) to post quarterly earnings at $1.90 per share on revenue of $44.10 billion after the closing bell. Microsoft shares rose 0.2% to $289.62 in after-hours trading.","news_type":1,"symbols_score_info":{"GOOG":0.9,"QNETCN":0.9,"TSLA":0.9,"GE":0.9,"FFIV":0.9,"MMM":0.9,"09086":0.9,"03086":0.9}},"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":859419343,"gmtCreate":1634720668832,"gmtModify":1634720770575,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Go Ali, I know that you will rebound. No regrets buying and supporting during the lows","listText":"Go Ali, I know that you will rebound. No regrets buying and supporting during the lows","text":"Go Ali, I know that you will rebound. No regrets buying and supporting during the lows","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/859419343","repostId":"1106162200","repostType":4,"repost":{"id":"1106162200","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":1634717288,"share":"https://www.laohunote.com/m/news/1106162200?lang=zh_CN&edition=full","pubTime":"2021-10-20 16:08","market":"hk","language":"en","title":"Alibaba soared nearly 2% in premarket trading as it released a new operating system \"Dragon Lizard\"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106162200","media":"Tiger Newspress","summary":"Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.\n\n","content":"<p>Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.</p><p><blockquote>阿里巴巴-SW在盘前交易中飙升近2%，其港股今天上涨超过6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b7c6d15113fd10fb36e5f590e6fbdf14\" tg-width=\"760\" tg-height=\"369\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> On October 20th, Alibaba Cloud released a new operating system \"Dragon Lizard\" and announced open source at the 2021 Yunqi </p><p><blockquote>10月20日，阿里巴巴-SW云发布全新操作系统“龙蜥”，并在2021云栖大会上宣布开源</blockquote></p><p> Conference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.</p><p><blockquote>会议。同时，阿里达摩院操作系统实验室也对外公布。</blockquote></p><p> The Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios </p><p><blockquote>Dragon Lizard操作系统位于服务器端，支持多种芯片架构和计算场景</blockquote></p><p> such as X86 and ARM.&nbsp;</p><p><blockquote>比如X86和ARM。</blockquote></p><p> Alibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.</p><p><blockquote>阿里巴巴-SW云计划投入20亿龙蜥专项资金，与100家生态合作伙伴合作，推进生态建设，提供至少十年的技术支持。</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>Alibaba soared nearly 2% in premarket trading as it released a new operating system \"Dragon Lizard\"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</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\">\nAlibaba soared nearly 2% in premarket trading as it released a new operating system \"Dragon Lizard\"<blockquote>阿里巴巴-SW发布新操作系统“龙蜥蜴”，盘前交易飙升近2%</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\">2021-10-20 16:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.</p><p><blockquote>阿里巴巴-SW在盘前交易中飙升近2%，其港股今天上涨超过6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b7c6d15113fd10fb36e5f590e6fbdf14\" tg-width=\"760\" tg-height=\"369\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> On October 20th, Alibaba Cloud released a new operating system \"Dragon Lizard\" and announced open source at the 2021 Yunqi </p><p><blockquote>10月20日，阿里巴巴-SW云发布全新操作系统“龙蜥”，并在2021云栖大会上宣布开源</blockquote></p><p> Conference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.</p><p><blockquote>会议。同时，阿里达摩院操作系统实验室也对外公布。</blockquote></p><p> The Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios </p><p><blockquote>Dragon Lizard操作系统位于服务器端，支持多种芯片架构和计算场景</blockquote></p><p> such as X86 and ARM.&nbsp;</p><p><blockquote>比如X86和ARM。</blockquote></p><p> Alibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.</p><p><blockquote>阿里巴巴-SW云计划投入20亿龙蜥专项资金，与100家生态合作伙伴合作，推进生态建设，提供至少十年的技术支持。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106162200","content_text":"Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.\n\nOn October 20th, Alibaba Cloud released a new operating system \"Dragon Lizard\" and announced open source at the 2021 Yunqi \nConference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.\nThe Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios \nsuch as X86 and ARM. \nAlibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":3293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":830425689,"gmtCreate":1629091751841,"gmtModify":1633687454874,"author":{"id":"4089008833435220","authorId":"4089008833435220","name":"Hairi1906","avatar":"https://static.tigerbbs.com/39825b08bb6e32b23bf924004bf6f053","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089008833435220","authorIdStr":"4089008833435220"},"themes":[],"title":"","htmlText":"Yes go nvidia","listText":"Yes go nvidia","text":"Yes go nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/830425689","repostId":"1129589874","repostType":4,"repost":{"id":"1129589874","kind":"news","pubTimestamp":1629067868,"share":"https://www.laohunote.com/m/news/1129589874?lang=zh_CN&edition=full","pubTime":"2021-08-16 06:51","market":"us","language":"en","title":"Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129589874","media":"Barrons","summary":"It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.","content":"<p>It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday.&nbsp;Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.</p><p><blockquote>现在是第二季度财报季的最后几局，零售商们已经准备好挺身而出。沃尔玛（Walmart）和家得宝（Home Depot）将于周二发布报告，劳氏（Lowe's）、塔吉特（Target）和 TJX 将于周三发布报告。Kohl's、Macy's、BJ's Wholesale 和 L Brands 是周四的零售亮点，Foot Locker 将于周五收盘。</blockquote></p><p> The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a&nbsp;0.2% seasonally adjusted increase last month, after a 0.6% rise in June.</p><p><blockquote>人口普查局公布的 7 月份零售销售数据也将于本周二公布。经济学家平均预测，继 6 月份上涨 0.6% 之后，上个月经季节性调整后将增长 0.2%。</blockquote></p><p> Major non-retail companies releasing results this week include Pandora and&nbsp;Krispy Kreme&nbsp;on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and&nbsp;Lumentum Holdings&nbsp;all report.Applied Materials&nbsp;goes on Thursday and Deere closes the week on Friday.</p><p><blockquote>本周发布业绩的主要非零售公司包括周二发布业绩的 Pandora 和 Krispy Kreme，随后是繁忙的周三：Nvidia、腾讯控股、思科系统、Analog Devices 和 Lumentum Holdings 均发布报告。应用材料公司将于周四发布业绩，Deere将于周五收盘。</blockquote></p><p> Economic data out this week include several housing-market metrics:&nbsp;The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.</p><p><blockquote>本周公布的经济数据包括几项住房市场指标： 周二公布的全国住宅建筑商协会 NAHB/富国银行 8 月份住房市场指数，以及周三公布的人口普查局 7 月份新的住宅建设报告。</blockquote></p><p> Also on Wednesday, the&nbsp;Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the&nbsp;Conference Board publishes its Leading Economic Index for July on Thursday.</p><p><blockquote>同样在周三，美联储货币政策委员会将公布 7 月下旬最后一次会议纪要。然后，世界大型企业联合会将于周四发布 7 月份领先经济指数。</blockquote></p><p> <b>Monday 8/16</b></p><p><blockquote><b>8/16星期一</b></blockquote></p><p> Tencent Music Entertainment Group,Tokyo Electron,and&nbsp;Clear Secure&nbsp;are among the companies holding earnings conference calls.</p><p><blockquote>腾讯控股音乐娱乐集团、东京电子和Clear Secure等公司在评级举行了财报会议。</blockquote></p><p> <b>The Federal Reserve</b>&nbsp;Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.</p><p><blockquote><b>美联储</b>纽约银行发布了 8 月份帝国州制造业调查。一致估计读数为26.5。相比之下，7 月份总体商业状况指数上涨了 26 点，创下了 43.0 的历史新高。</blockquote></p><p> <b>Tuesday 8/17</b></p><p><blockquote><b>星期二 8/17</b></blockquote></p><p> BHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.</p><p><blockquote>必和必拓、沃尔玛、家得宝、安捷伦科技、Pandora 和 Krispy Kreme 等公司在评级举办了财报会议。</blockquote></p><p> America’s Car-Mart,Jack Henry &amp; Associates,and&nbsp;La-Z-Boy&nbsp;report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.</p><p><blockquote>America's Car-Mart、Jack Henry &amp; Associates 和 La-Z-Boy 将在收盘后公布财务业绩，并将于次日上午（8 月 18 日）举行财报评级。</blockquote></p><p> <b>The Federal Reserve</b>&nbsp;releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.</p><p><blockquote><b>美联储</b>发布7月份工业部门产能利用率。共识评级为 75.7%，与 6 月份的 75.4% 相比变化不大。工业生产预计将比 6 月份经季节性调整后的 0.4% 增长 0.5%。</blockquote></p><p> <b>The National Association</b>&nbsp;of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.</p><p><blockquote><b>全国协会</b>住宅建筑商协会发布了8月份的NAHB/富国银行住房市场指数。经济学家预测读数为80，与7月份持平。该指数低于 11 月份创下的 90 点的历史高点。</blockquote></p><p> <b>Federal Reserve Board</b>&nbsp;Chairman Jay Powell will host a virtual town hall with educators and students.</p><p><blockquote><b>联邦储备委员会</b>主席杰伊·鲍威尔将与教育工作者和学生一起主持一个虚拟市政厅。</blockquote></p><p> <b>The Census Bureau reports</b>&nbsp;retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.</p><p><blockquote><b>人口普查局报告</b>7月份零售销售数据。继 6 月份上涨 0.6% 之后，经季节性调整后，预计环比下降 0.3%。不包括汽车，支出预计增长 0.2%，而上月增长 1.3%。</blockquote></p><p> <b>Wednesday 8/18</b></p><p><blockquote><b>星期三 8/18</b></blockquote></p><p> <b>The Federal Open Market</b>&nbsp;Committee releases the minutes from its late-July monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布了7月下旬货币政策会议纪要。</blockquote></p><p> Cisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.</p><p><blockquote>思科系统公司、劳氏、塔吉特、TJX、腾讯控股控股公司、Brinker International、Analog Devices、Synopsys、Lumentum Holdings 和 Nvidia 在评级举办财报会议。</blockquote></p><p> <b>The Census Bureau’s</b>new residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.</p><p><blockquote><b>人口普查局</b>7 月份的新住宅开工报告预计将显示，经季节性调整后的新屋开工年率为 161.0 万套，低于 6 月份的 164.3 万套。3 月份新屋开工量达到疫情后的峰值 173 万套。</blockquote></p><p> <b>Thursday 8/19</b></p><p><blockquote><b>星期四 8/19</b></blockquote></p><p> BJ’s Wholesale,<b>L Brands</b>, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.</p><p><blockquote>BJ批发商<b>品牌</b>、Applied Materials、Ross Stores、雅诗兰黛、科尔百货、梅西百货、Performance Food Group、Petco Health and Wellness 和 Farfetch 主办评级盈利会议。</blockquote></p><p> <b>The Conference Board</b>releases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.</p><p><blockquote><b>会议委员会</b>发布7月份领先经济指数。继 6 月份上涨 0.7% 后，LEI 预计环比上涨 0.7%。</blockquote></p><p> <b>Friday 8/20</b></p><p><blockquote><b>8/20星期五</b></blockquote></p><p> Deere and Foot Locker host conference calls to discuss financial results.</p><p><blockquote>Deere和Foot Locker主持会议评级讨论财务业绩。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</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\">\nNvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week<blockquote>英伟达、腾讯、沃尔玛、塔吉特等本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-16 06:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday.&nbsp;Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.</p><p><blockquote>现在是第二季度财报季的最后几局，零售商们已经准备好挺身而出。沃尔玛（Walmart）和家得宝（Home Depot）将于周二发布报告，劳氏（Lowe's）、塔吉特（Target）和 TJX 将于周三发布报告。Kohl's、Macy's、BJ's Wholesale 和 L Brands 是周四的零售亮点，Foot Locker 将于周五收盘。</blockquote></p><p> The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a&nbsp;0.2% seasonally adjusted increase last month, after a 0.6% rise in June.</p><p><blockquote>人口普查局公布的 7 月份零售销售数据也将于本周二公布。经济学家平均预测，继 6 月份上涨 0.6% 之后，上个月经季节性调整后将增长 0.2%。</blockquote></p><p> Major non-retail companies releasing results this week include Pandora and&nbsp;Krispy Kreme&nbsp;on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and&nbsp;Lumentum Holdings&nbsp;all report.Applied Materials&nbsp;goes on Thursday and Deere closes the week on Friday.</p><p><blockquote>本周发布业绩的主要非零售公司包括周二发布业绩的 Pandora 和 Krispy Kreme，随后是繁忙的周三：Nvidia、腾讯控股、思科系统、Analog Devices 和 Lumentum Holdings 均发布报告。应用材料公司将于周四发布业绩，Deere将于周五收盘。</blockquote></p><p> Economic data out this week include several housing-market metrics:&nbsp;The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.</p><p><blockquote>本周公布的经济数据包括几项住房市场指标： 周二公布的全国住宅建筑商协会 NAHB/富国银行 8 月份住房市场指数，以及周三公布的人口普查局 7 月份新的住宅建设报告。</blockquote></p><p> Also on Wednesday, the&nbsp;Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the&nbsp;Conference Board publishes its Leading Economic Index for July on Thursday.</p><p><blockquote>同样在周三，美联储货币政策委员会将公布 7 月下旬最后一次会议纪要。然后，世界大型企业联合会将于周四发布 7 月份领先经济指数。</blockquote></p><p> <b>Monday 8/16</b></p><p><blockquote><b>8/16星期一</b></blockquote></p><p> Tencent Music Entertainment Group,Tokyo Electron,and&nbsp;Clear Secure&nbsp;are among the companies holding earnings conference calls.</p><p><blockquote>腾讯控股音乐娱乐集团、东京电子和Clear Secure等公司在评级举行了财报会议。</blockquote></p><p> <b>The Federal Reserve</b>&nbsp;Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.</p><p><blockquote><b>美联储</b>纽约银行发布了 8 月份帝国州制造业调查。一致估计读数为26.5。相比之下，7 月份总体商业状况指数上涨了 26 点，创下了 43.0 的历史新高。</blockquote></p><p> <b>Tuesday 8/17</b></p><p><blockquote><b>星期二 8/17</b></blockquote></p><p> BHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.</p><p><blockquote>必和必拓、沃尔玛、家得宝、安捷伦科技、Pandora 和 Krispy Kreme 等公司在评级举办了财报会议。</blockquote></p><p> America’s Car-Mart,Jack Henry &amp; Associates,and&nbsp;La-Z-Boy&nbsp;report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.</p><p><blockquote>America's Car-Mart、Jack Henry &amp; Associates 和 La-Z-Boy 将在收盘后公布财务业绩，并将于次日上午（8 月 18 日）举行财报评级。</blockquote></p><p> <b>The Federal Reserve</b>&nbsp;releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.</p><p><blockquote><b>美联储</b>发布7月份工业部门产能利用率。共识评级为 75.7%，与 6 月份的 75.4% 相比变化不大。工业生产预计将比 6 月份经季节性调整后的 0.4% 增长 0.5%。</blockquote></p><p> <b>The National Association</b>&nbsp;of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.</p><p><blockquote><b>全国协会</b>住宅建筑商协会发布了8月份的NAHB/富国银行住房市场指数。经济学家预测读数为80，与7月份持平。该指数低于 11 月份创下的 90 点的历史高点。</blockquote></p><p> <b>Federal Reserve Board</b>&nbsp;Chairman Jay Powell will host a virtual town hall with educators and students.</p><p><blockquote><b>联邦储备委员会</b>主席杰伊·鲍威尔将与教育工作者和学生一起主持一个虚拟市政厅。</blockquote></p><p> <b>The Census Bureau reports</b>&nbsp;retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.</p><p><blockquote><b>人口普查局报告</b>7月份零售销售数据。继 6 月份上涨 0.6% 之后，经季节性调整后，预计环比下降 0.3%。不包括汽车，支出预计增长 0.2%，而上月增长 1.3%。</blockquote></p><p> <b>Wednesday 8/18</b></p><p><blockquote><b>星期三 8/18</b></blockquote></p><p> <b>The Federal Open Market</b>&nbsp;Committee releases the minutes from its late-July monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布了7月下旬货币政策会议纪要。</blockquote></p><p> Cisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.</p><p><blockquote>思科系统公司、劳氏、塔吉特、TJX、腾讯控股控股公司、Brinker International、Analog Devices、Synopsys、Lumentum Holdings 和 Nvidia 在评级举办财报会议。</blockquote></p><p> <b>The Census Bureau’s</b>new residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.</p><p><blockquote><b>人口普查局</b>7 月份的新住宅开工报告预计将显示，经季节性调整后的新屋开工年率为 161.0 万套，低于 6 月份的 164.3 万套。3 月份新屋开工量达到疫情后的峰值 173 万套。</blockquote></p><p> <b>Thursday 8/19</b></p><p><blockquote><b>星期四 8/19</b></blockquote></p><p> BJ’s Wholesale,<b>L Brands</b>, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.</p><p><blockquote>BJ批发商<b>品牌</b>、Applied Materials、Ross Stores、雅诗兰黛、科尔百货、梅西百货、Performance Food Group、Petco Health and Wellness 和 Farfetch 主办评级盈利会议。</blockquote></p><p> <b>The Conference Board</b>releases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.</p><p><blockquote><b>会议委员会</b>发布7月份领先经济指数。继 6 月份上涨 0.7% 后，LEI 预计环比上涨 0.7%。</blockquote></p><p> <b>Friday 8/20</b></p><p><blockquote><b>8/20星期五</b></blockquote></p><p> Deere and Foot Locker host conference calls to discuss financial results.</p><p><blockquote>Deere和Foot Locker主持会议评级讨论财务业绩。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TGT":"塔吉特","WMT":"沃尔玛",".SPX":"S&P 500 Index",".DJI":"道琼斯","TME":"腾讯音乐","NVDA":"英伟达",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129589874","content_text":"It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.\nThe Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.6% rise in June.\nMajor non-retail companies releasing results this week include Pandora and Krispy Kreme on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and Lumentum Holdings all report.Applied Materials goes on Thursday and Deere closes the week on Friday.\nEconomic data out this week include several housing-market metrics: The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.\nAlso on Wednesday, the Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the Conference Board publishes its Leading Economic Index for July on Thursday.\nMonday 8/16\nTencent Music Entertainment Group,Tokyo Electron,and Clear Secure are among the companies holding earnings conference calls.\nThe Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.\nTuesday 8/17\nBHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.\nAmerica’s Car-Mart,Jack Henry & Associates,and La-Z-Boy report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.\nThe Federal Reserve releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.\nThe National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.\nFederal Reserve Board Chairman Jay Powell will host a virtual town hall with educators and students.\nThe Census Bureau reports retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.\nWednesday 8/18\nThe Federal Open Market Committee releases the minutes from its late-July monetary-policy meeting.\nCisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.\nThe Census Bureau’snew residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.\nThursday 8/19\nBJ’s Wholesale,L Brands, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.\nThe Conference Boardreleases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.\nFriday 8/20\nDeere and Foot Locker host conference calls to discuss financial results.","news_type":1,"symbols_score_info":{".DJI":0.9,"NVDA":0.9,"TME":0.9,"WMT":0.9,".IXIC":0.9,"TGT":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":893,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}