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GabbieTeo
GabbieTeo
·
2021-11-30
It will, if the government stop pumping in monies
Is Omicron The Catalyst That Ushers In The Next Bear Market?
Investors got rattled last Friday, but could the new COVID variant be the thing that finally topples stocks?
Is Omicron The Catalyst That Ushers In The Next Bear Market?
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GabbieTeo
GabbieTeo
·
2021-11-16
Give us some good news please!
UP Fintech Holding Limited to Report Third Quarter 2021 Financial Results on November 30, 2021
BEIJING, Nov. 16, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”
UP Fintech Holding Limited to Report Third Quarter 2021 Financial Results on November 30, 2021
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GabbieTeo
GabbieTeo
·
2021-11-11
$SNAP 20211217 50.0 CALL(SNAP)$
Why oh why
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GabbieTeo
GabbieTeo
·
2021-11-11
Never fail to amaze
Tesla shares rebounded and rose more than 3% in morning trading.
Tesla shares rebounded and rose more than 3% in morning trading.
Tesla shares rebounded and rose more than 3% in morning trading.
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GabbieTeo
GabbieTeo
·
2021-11-11
$KEPPEL DC REIT(AJBU.SI)$
Down down down! So can buy more
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GabbieTeo
GabbieTeo
·
2021-11-10
$V 20220218 210.0 CALL(V)$
To the 🌝
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GabbieTeo
GabbieTeo
·
2021-11-10
Why Friday? Is there something?
@letmethink:
$KEPPEL DC REIT(AJBU.SI)KIV on Friday
$KEPPEL DC REIT(AJBU.SI)KIV on Friday
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GabbieTeo
GabbieTeo
·
2021-11-10
$KEPPEL DC REIT(AJBU.SI)$
Gg down to $2!? 🥲
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GabbieTeo
GabbieTeo
·
2021-11-09
[Facepalm]
Occidental Loses Money on Oil Hedge After Huge 2020 Payout
(Bloomberg) -- Oil and gas producer Occidental Petroleum Corp.’s move to hedge its output has been a
Occidental Loses Money on Oil Hedge After Huge 2020 Payout
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GabbieTeo
GabbieTeo
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2021-11-09
$Altimeter Growth Corp.(AGC)$
Make us proud!
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will, if the government stop pumping in monies ","listText":"It will, if the government stop pumping in monies ","text":"It will, if the government stop pumping in monies","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609892260","repostId":"1171526526","repostType":4,"repost":{"id":"1171526526","kind":"news","pubTimestamp":1638257648,"share":"https://www.laohu8.com/m/news/1171526526?lang=&edition=full","pubTime":"2021-11-30 15:34","market":"us","language":"en","title":"Is Omicron The Catalyst That Ushers In The Next Bear Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=1171526526","media":"TheStreet","summary":"Investors got rattled last Friday, but could the new COVID variant be the thing that finally topples stocks?","content":"<p>There’s clearly only topic of conversation for the financial markets this week. The announcement of the omicron variant of the COVID virus put investors into a panic and sent the S&P 500 to its largest single day loss since February and the Russell 2000 to its largest single day loss since June of last year. The reveal of a potentially more mutated and more highly contagious version of both the original COVID strain and the delta variant brought investors back to the early days of the pandemic when businesses, schools and other groups were suddenly forced to shut down.</p>\n<p>Is it going to be as big of a deal as the markets fear it might be? It’s too early to know for sure (although the South African Medical Association seems to be downplaying the severity of it), but global governments appear to be taking no chances. Several countries have shut down their borders to people from South Africa and neighboring countries. New York has already declared a state of emergency despite no reported cases of the omicron variant. Of course, there’s still much to learn about the risk level of this COVID strain, but it’s clear that nerves are a bit frayed.</p>\n<p>In my opinion, Friday’s sharp equity pullback looks like a classic overreaction. Yes, there’s a distinct possibility that it may not be the bottom and equities could sell off further, but given how investors have been prolific dip buyers over the past year and expectations for the taper and future interest rate hikes turned immediately dovish, per the Fed Funds futures market, I think investors will quickly conclude that the omicron variant will likely not be as bad as anticipated and, even if it is, the Fed will quickly step in, whether it’s via a delayed taper or no rate hike until 2023, to support risk asset prices. If I’m going out on a limb, I think there’s a chance the S&P 500 could recapture its all-time high (it’s currently about 2.3% below it) by the end of this week.</p>\n<p>Market internals had already been softening leading up to last week. Breadth within the Nasdaq 100 has been getting weaker - 30 of the 100 components have pulled back at least 20%. Small-caps have been underperforming for weeks and leadership has rotated away from cyclicals and back into tech and consumer discretionary. Treasuries are looking strong again and even gold has been seeing some action.</p>\n<p>Fear is high in the markets right now and that presents opportunity. Keep a level head and watch for panic signs (e.g. the number of articles talking about how stocks could pull back 30% from here) and words from the Fed that hint at what the central bank might do. Remember, in 2020 after the initial bear market, stocks rebounded quickly as soon as the Fed and the government stepped in. If Powell pivots to a more dovish stance, U.S. equities could quickly move higher again.</p>\n<p>Let’s start our weekly review by taking a look at the primary market sectors.</p>\n<p><img src=\"https://static.tigerbbs.com/d87d1ba9c165a777608a551646236565\" tg-width=\"1240\" tg-height=\"958\" width=\"100%\" height=\"auto\"></p>\n<p>Not surprisingly, there’s little short-term strength in equities right now. Communication services remains the worst-looking of the 11 major sectors, but cyclicals are not that far behind. Energy stocks were down 4% on Friday as crude oil prices dropped more than 10%, but still managed to gain more than 1% on the week as a whole. Financials are weaker on falling interest rates, but industrials and materials are similarly well off recent highs.</p>\n<p>As I mentioned above, tech and consumer discretionary have been the beneficiaries of rotation trades lately. Tech had become a steady outperformer before last week’s correction, while discretionary stocks have gained but remained volatile. Four of the 11 GICS sectors are now trading below their 50-day moving averages, which could be an indication that short-term momentum has run its course and it may be time for defensives to take over.</p>\n<p>The performance of small-caps, Treasuries and cyclicals point to more conservative positioning even before Friday. Utilities and consumer staples did relatively better as expected, but it’s been a while since either group had an extended run. This week will be telling, I think, in determining where investor risk tolerance is really at. If omicron looks like it will keep drawing out people’s fears, there might be room for defensive sectors to perform relatively well. Keep in mind that it’ll be all about business and social restrictions. If the economic impact is limited mostly to the leisure and travel sectors, the longer-term damage could be minimal.</p>\n<p><img src=\"https://static.tigerbbs.com/cbc4d98c13f73357d48d25a67a1ed80e\" tg-width=\"1240\" tg-height=\"958\" width=\"100%\" height=\"auto\"></p>\n<p>Short-term strength has fallen pretty much across the board, but with a few exceptions. Semiconductor stocks had a rough week along with the rest of the tech sector, but they remain one of the best performing groups throughout 2021. Homebuilder stocks continue to build on the strength in the housing, which, despite some stops and starts in sales, demand and commodity prices, been pretty consistent.</p>\n<p>No surprise that the casino, leisure and recreation stocks are getting hit the hardest. These, of course, are the first to get hit in an environment like this. New travel restrictions are already being put in place and we’re very likely to see even more in the coming weeks. As we’ve seen with New York, there’s been little hesitation so far to put mitigation efforts in place. Oil prices and energy demand forecasts have taken a hit adding to the pressure.</p>\n<p>No major changes in the communication services sector. We’re still seeing weakness throughout, including the social media stocks, which continue to have a hard time reversing sentiment. The traditional telecoms were virtually changed this past week and could actually become a source of support should prices continue falling here.</p>\n<p><img src=\"https://static.tigerbbs.com/b04029e09b601d3f39d2cfc0be349d00\" tg-width=\"1240\" tg-height=\"958\" width=\"100%\" height=\"auto\"></p>\n<p>Oil prices got hammered last week, which led to 5-6% losses for the explorers and servicers. The broader energy sector did comparatively better, but even clean energy posted a loss of 4% indicating little support across the board. Short-term sentiment for this sector has largely disappeared and the huge returns of earlier this year have long since been forgotten. This will be an especially omicron-dependent sector this week, so expect some above average volatility. Flow numbers show that investors are abandoning ship.</p>\n<p>Just like the leisure sector, the airlines are especially weak here, but there’s really no group within the cyclicals that’s doing OK. The gold & silver miners had a moment in the sun, but with gold prices appearing to have lost their momentum again, they’ve been back on the downswing. Infrastructure stock returns have largely been a function of the passage of the infrastructure bill, but that momentum it also likely to begin fading.</p>\n<p><img src=\"https://static.tigerbbs.com/4d74ecebe8c9240855b76ea5a23034f4\" tg-width=\"1240\" tg-height=\"958\" width=\"100%\" height=\"auto\"></p>\n<p>Healthcare is starting to look a little, well, healthier again. Most of it looks like it’s due to its defensive sector peers starting to draw a little interest again, but any kind of health-related headlines, such as a new COVID variant, tend to produce at least a modest short-term bounce. Both Moderna and BioNTech, the makers of different COVID vaccines, were both up more than 20% last week alone and that’s making the biotech sector look a little stronger than it is. The <b>SPDR S&P Biotech ETF (XBI)</b>, which equal weights the sector and gives much less weight to those names, was down 4% last week. There is some money moving back into this space, but I don’t think it’s a compelling move just yet.</p>\n<p>Not much doing on the commodities side. Crude and gasoline prices have plummeted, but natural gas prices have held their ground. I suspect that there’s some mean reversion in energy prices following Friday’s overreaction. The dollar remains very strong against the basket of global currencies although we’ll have to see if the omicron variant impacts that. Its strength has come on the back of comparatively higher interest rates and better economic growth readings. The plans for tapering and rate hikes may be pushed back now, which could bring the dollar back down.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Omicron The Catalyst That Ushers In The Next Bear Market?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Omicron The Catalyst That Ushers In The Next Bear Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 15:34 GMT+8 <a href=https://www.thestreet.com/etffocus/market-intelligence/is-omicron-catalyst-that-ushers-in-next-bear-market><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There’s clearly only topic of conversation for the financial markets this week. The announcement of the omicron variant of the COVID virus put investors into a panic and sent the S&P 500 to its ...</p>\n\n<a href=\"https://www.thestreet.com/etffocus/market-intelligence/is-omicron-catalyst-that-ushers-in-next-bear-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/etffocus/market-intelligence/is-omicron-catalyst-that-ushers-in-next-bear-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171526526","content_text":"There’s clearly only topic of conversation for the financial markets this week. The announcement of the omicron variant of the COVID virus put investors into a panic and sent the S&P 500 to its largest single day loss since February and the Russell 2000 to its largest single day loss since June of last year. The reveal of a potentially more mutated and more highly contagious version of both the original COVID strain and the delta variant brought investors back to the early days of the pandemic when businesses, schools and other groups were suddenly forced to shut down.\nIs it going to be as big of a deal as the markets fear it might be? It’s too early to know for sure (although the South African Medical Association seems to be downplaying the severity of it), but global governments appear to be taking no chances. Several countries have shut down their borders to people from South Africa and neighboring countries. New York has already declared a state of emergency despite no reported cases of the omicron variant. Of course, there’s still much to learn about the risk level of this COVID strain, but it’s clear that nerves are a bit frayed.\nIn my opinion, Friday’s sharp equity pullback looks like a classic overreaction. Yes, there’s a distinct possibility that it may not be the bottom and equities could sell off further, but given how investors have been prolific dip buyers over the past year and expectations for the taper and future interest rate hikes turned immediately dovish, per the Fed Funds futures market, I think investors will quickly conclude that the omicron variant will likely not be as bad as anticipated and, even if it is, the Fed will quickly step in, whether it’s via a delayed taper or no rate hike until 2023, to support risk asset prices. If I’m going out on a limb, I think there’s a chance the S&P 500 could recapture its all-time high (it’s currently about 2.3% below it) by the end of this week.\nMarket internals had already been softening leading up to last week. Breadth within the Nasdaq 100 has been getting weaker - 30 of the 100 components have pulled back at least 20%. Small-caps have been underperforming for weeks and leadership has rotated away from cyclicals and back into tech and consumer discretionary. Treasuries are looking strong again and even gold has been seeing some action.\nFear is high in the markets right now and that presents opportunity. Keep a level head and watch for panic signs (e.g. the number of articles talking about how stocks could pull back 30% from here) and words from the Fed that hint at what the central bank might do. Remember, in 2020 after the initial bear market, stocks rebounded quickly as soon as the Fed and the government stepped in. If Powell pivots to a more dovish stance, U.S. equities could quickly move higher again.\nLet’s start our weekly review by taking a look at the primary market sectors.\n\nNot surprisingly, there’s little short-term strength in equities right now. Communication services remains the worst-looking of the 11 major sectors, but cyclicals are not that far behind. Energy stocks were down 4% on Friday as crude oil prices dropped more than 10%, but still managed to gain more than 1% on the week as a whole. Financials are weaker on falling interest rates, but industrials and materials are similarly well off recent highs.\nAs I mentioned above, tech and consumer discretionary have been the beneficiaries of rotation trades lately. Tech had become a steady outperformer before last week’s correction, while discretionary stocks have gained but remained volatile. Four of the 11 GICS sectors are now trading below their 50-day moving averages, which could be an indication that short-term momentum has run its course and it may be time for defensives to take over.\nThe performance of small-caps, Treasuries and cyclicals point to more conservative positioning even before Friday. Utilities and consumer staples did relatively better as expected, but it’s been a while since either group had an extended run. This week will be telling, I think, in determining where investor risk tolerance is really at. If omicron looks like it will keep drawing out people’s fears, there might be room for defensive sectors to perform relatively well. Keep in mind that it’ll be all about business and social restrictions. If the economic impact is limited mostly to the leisure and travel sectors, the longer-term damage could be minimal.\n\nShort-term strength has fallen pretty much across the board, but with a few exceptions. Semiconductor stocks had a rough week along with the rest of the tech sector, but they remain one of the best performing groups throughout 2021. Homebuilder stocks continue to build on the strength in the housing, which, despite some stops and starts in sales, demand and commodity prices, been pretty consistent.\nNo surprise that the casino, leisure and recreation stocks are getting hit the hardest. These, of course, are the first to get hit in an environment like this. New travel restrictions are already being put in place and we’re very likely to see even more in the coming weeks. As we’ve seen with New York, there’s been little hesitation so far to put mitigation efforts in place. Oil prices and energy demand forecasts have taken a hit adding to the pressure.\nNo major changes in the communication services sector. We’re still seeing weakness throughout, including the social media stocks, which continue to have a hard time reversing sentiment. The traditional telecoms were virtually changed this past week and could actually become a source of support should prices continue falling here.\n\nOil prices got hammered last week, which led to 5-6% losses for the explorers and servicers. The broader energy sector did comparatively better, but even clean energy posted a loss of 4% indicating little support across the board. Short-term sentiment for this sector has largely disappeared and the huge returns of earlier this year have long since been forgotten. This will be an especially omicron-dependent sector this week, so expect some above average volatility. Flow numbers show that investors are abandoning ship.\nJust like the leisure sector, the airlines are especially weak here, but there’s really no group within the cyclicals that’s doing OK. The gold & silver miners had a moment in the sun, but with gold prices appearing to have lost their momentum again, they’ve been back on the downswing. Infrastructure stock returns have largely been a function of the passage of the infrastructure bill, but that momentum it also likely to begin fading.\n\nHealthcare is starting to look a little, well, healthier again. Most of it looks like it’s due to its defensive sector peers starting to draw a little interest again, but any kind of health-related headlines, such as a new COVID variant, tend to produce at least a modest short-term bounce. Both Moderna and BioNTech, the makers of different COVID vaccines, were both up more than 20% last week alone and that’s making the biotech sector look a little stronger than it is. The SPDR S&P Biotech ETF (XBI), which equal weights the sector and gives much less weight to those names, was down 4% last week. There is some money moving back into this space, but I don’t think it’s a compelling move just yet.\nNot much doing on the commodities side. Crude and gasoline prices have plummeted, but natural gas prices have held their ground. I suspect that there’s some mean reversion in energy prices following Friday’s overreaction. The dollar remains very strong against the basket of global currencies although we’ll have to see if the omicron variant impacts that. Its strength has come on the back of comparatively higher interest rates and better economic growth readings. The plans for tapering and rate hikes may be pushed back now, which could bring the dollar back down.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1912,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871821031,"gmtCreate":1637053796414,"gmtModify":1637054003126,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"Give us some good news please! ","listText":"Give us some good news please! ","text":"Give us some good news please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871821031","repostId":"1110752316","repostType":4,"repost":{"id":"1110752316","kind":"news","pubTimestamp":1637049875,"share":"https://www.laohu8.com/m/news/1110752316?lang=&edition=full","pubTime":"2021-11-16 16:04","market":"us","language":"en","title":"UP Fintech Holding Limited to Report Third Quarter 2021 Financial Results on November 30, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1110752316","media":"globenewswire","summary":"BEIJING, Nov. 16, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”","content":"<p>BEIJING, Nov. 16, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the third quarter ended September 30, 2021 before the U.S. market opens on November 30, 2021.</p>\n<p>UP Fintech’s management will hold an earnings conference call at 8:00 AM on November 30, 2021, U.S. Eastern Time (9:00 PM on November 30, 2021 Beijing/Hong Kong Time).</p>\n<p><b>Conference Call Information:</b></p>\n<p>Due to the outbreak of COVID-19, operator assisted conference calls are not available at this time. All participants wishing to attend the call must preregister online before they may receive the dial-in numbers. Preregistration may require a few minutes to complete. UP Fintech would like to apologize for any inconvenience caused by not having an operator.</p>\n<p><b>Preregistration Information:</b></p>\n<p>Participants may register for the conference call by navigating to:http://apac.directeventreg.com/registration/event/1560239</p>\n<p>Once preregistration has been complete, participants will receive dial-in numbers, direct event passcode, and registrant id. The conference ID: is 1560239</p>\n<p>To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly.</p>\n<p>A telephone replay of the call will be available after the conclusion of the conference call through December 8, 2021. Dial-in numbers for the replay are as follows:</p>\n<p>International: +61 2 8199 0299</p>\n<p>Passcode: 1560239</p>\n<p>A live and archived webcast of the conference call will be available at https://ir.itiger.com.</p>\n<p><b>About UP Fintech Holding Limited</b></p>\n<p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses. For more information on the Company, please visit: https://ir.itiger.com.</p>\n<p><b>Investor Relations Contact</b></p>\n<p>Mr. Clark S. Soucy</p>\n<p>UP Fintech Holding Limited</p>\n<p>Email: ir@itiger.com</p>","source":"lsy1573717531661","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech Holding Limited to Report Third Quarter 2021 Financial Results on November 30, 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech Holding Limited to Report Third Quarter 2021 Financial Results on November 30, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 16:04 GMT+8 <a href=https://www.globenewswire.com/news-release/2021/11/16/2334997/0/en/UP-Fintech-Holding-Limited-to-Report-Third-Quarter-2021-Financial-Results-on-November-30-2021.html><strong>globenewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, Nov. 16, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that...</p>\n\n<a href=\"https://www.globenewswire.com/news-release/2021/11/16/2334997/0/en/UP-Fintech-Holding-Limited-to-Report-Third-Quarter-2021-Financial-Results-on-November-30-2021.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.globenewswire.com/news-release/2021/11/16/2334997/0/en/UP-Fintech-Holding-Limited-to-Report-Third-Quarter-2021-Financial-Results-on-November-30-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110752316","content_text":"BEIJING, Nov. 16, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the third quarter ended September 30, 2021 before the U.S. market opens on November 30, 2021.\nUP Fintech’s management will hold an earnings conference call at 8:00 AM on November 30, 2021, U.S. Eastern Time (9:00 PM on November 30, 2021 Beijing/Hong Kong Time).\nConference Call Information:\nDue to the outbreak of COVID-19, operator assisted conference calls are not available at this time. All participants wishing to attend the call must preregister online before they may receive the dial-in numbers. Preregistration may require a few minutes to complete. UP Fintech would like to apologize for any inconvenience caused by not having an operator.\nPreregistration Information:\nParticipants may register for the conference call by navigating to:http://apac.directeventreg.com/registration/event/1560239\nOnce preregistration has been complete, participants will receive dial-in numbers, direct event passcode, and registrant id. The conference ID: is 1560239\nTo join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly.\nA telephone replay of the call will be available after the conclusion of the conference call through December 8, 2021. Dial-in numbers for the replay are as follows:\nInternational: +61 2 8199 0299\nPasscode: 1560239\nA live and archived webcast of the conference call will be available at https://ir.itiger.com.\nAbout UP Fintech Holding Limited\nUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses. For more information on the Company, please visit: https://ir.itiger.com.\nInvestor Relations Contact\nMr. Clark S. Soucy\nUP Fintech Holding Limited\nEmail: ir@itiger.com","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":1149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870600369,"gmtCreate":1636606490783,"gmtModify":1636606490945,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNAP\">$SNAP 20211217 50.0 CALL(SNAP)$</a>Why oh why ","listText":"<a href=\"https://laohu8.com/S/SNAP\">$SNAP 20211217 50.0 CALL(SNAP)$</a>Why oh why ","text":"$SNAP 20211217 50.0 CALL(SNAP)$Why oh why","images":[{"img":"https://static.tigerbbs.com/6892cb90449851db7d19f84f327abfd1","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870600369","isVote":1,"tweetType":1,"viewCount":1821,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870600006,"gmtCreate":1636606456574,"gmtModify":1636606456712,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"Never fail to amaze","listText":"Never fail to amaze","text":"Never fail to amaze","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870600006","repostId":"1108238578","repostType":4,"repost":{"id":"1108238578","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":1636556467,"share":"https://www.laohu8.com/m/news/1108238578?lang=&edition=full","pubTime":"2021-11-10 23:01","market":"us","language":"en","title":"Tesla shares rebounded and rose more than 3% in morning trading.","url":"https://stock-news.laohu8.com/highlight/detail?id=1108238578","media":"Tiger Newspress","summary":"Tesla shares rebounded and rose more than 3% in morning trading.","content":"<p>Tesla shares rebounded and rose more than 3% in morning trading.<img src=\"https://static.tigerbbs.com/ac5b5e60cc7530dbbe8f067196938b18\" tg-width=\"878\" tg-height=\"599\" width=\"100%\" height=\"auto\"></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>Tesla shares rebounded and rose more than 3% in morning trading.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares rebounded and rose more than 3% in morning trading.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2021-11-10 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla shares rebounded and rose more than 3% in morning trading.<img src=\"https://static.tigerbbs.com/ac5b5e60cc7530dbbe8f067196938b18\" tg-width=\"878\" tg-height=\"599\" width=\"100%\" height=\"auto\"></p>\n\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":"1108238578","content_text":"Tesla shares rebounded and rose more than 3% in morning trading.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870877801,"gmtCreate":1636606414756,"gmtModify":1636606414896,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Down down down! So can buy more ","listText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Down down down! So can buy more ","text":"$KEPPEL DC REIT(AJBU.SI)$Down down down! So can buy more","images":[{"img":"https://static.tigerbbs.com/70853c0f6b09e31ca047a588b6f8dfb5","width":"750","height":"1454"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870877801","isVote":1,"tweetType":1,"viewCount":1860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847237985,"gmtCreate":1636522378693,"gmtModify":1636522379135,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/V\">$V 20220218 210.0 CALL(V)$</a>To the 🌝 ","listText":"<a href=\"https://laohu8.com/S/V\">$V 20220218 210.0 CALL(V)$</a>To the 🌝 ","text":"$V 20220218 210.0 CALL(V)$To the 🌝","images":[{"img":"https://static.tigerbbs.com/29ae1808b44165954cd37e8a64b542ad","width":"828","height":"1792"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847237985","isVote":1,"tweetType":1,"viewCount":1211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847674710,"gmtCreate":1636518997038,"gmtModify":1636522666369,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"Why Friday? Is there something? ","listText":"Why Friday? Is there something? ","text":"Why Friday? Is there something?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847674710","repostId":"847625216","repostType":1,"repost":{"id":847625216,"gmtCreate":1636515634459,"gmtModify":1636516000914,"author":{"id":"4094947927342120","authorId":"4094947927342120","name":"letmethink","avatar":"https://static.tigerbbs.com/952d96ff84a9e46c556a44e31e3fabda","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094947927342120","idStr":"4094947927342120"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)</a>KIV on Friday","listText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)</a>KIV on Friday","text":"$KEPPEL DC REIT(AJBU.SI)KIV on Friday","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847625216","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847674294,"gmtCreate":1636518976162,"gmtModify":1636518976668,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Gg down to $2!? 🥲","listText":"<a href=\"https://laohu8.com/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Gg down to $2!? 🥲","text":"$KEPPEL DC REIT(AJBU.SI)$Gg down to $2!? 🥲","images":[{"img":"https://static.tigerbbs.com/da5fc0296394e79e45e255a83f674a2b","width":"750","height":"1454"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847674294","isVote":1,"tweetType":1,"viewCount":1673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":844733150,"gmtCreate":1636458782999,"gmtModify":1636458865005,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"[Facepalm] ","listText":"[Facepalm] ","text":"[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844733150","repostId":"1183222744","repostType":4,"repost":{"id":"1183222744","kind":"news","pubTimestamp":1636442205,"share":"https://www.laohu8.com/m/news/1183222744?lang=&edition=full","pubTime":"2021-11-09 15:16","market":"us","language":"en","title":"Occidental Loses Money on Oil Hedge After Huge 2020 Payout","url":"https://stock-news.laohu8.com/highlight/detail?id=1183222744","media":"Bloomberg","summary":"(Bloomberg) -- Oil and gas producer Occidental Petroleum Corp.’s move to hedge its output has been a","content":"<p>(Bloomberg) -- Oil and gas producer Occidental Petroleum Corp.’s move to hedge its output has been a roller coaster over the past two years.</p>\n<p>Occidental, one of the Permian Basin’s biggest producers, lost an estimated $339 million from its oil and gas hedges this year through Sept. 30, the latest quarterly filing showed. That includes losses not yet realized. Last year, the company made $960 million from its hedges after prices collapsed, according to regulatory filings.</p>\n<p>Despite the loss from its hedges, the explorer posted a $791 million profit in the first three quarters of the year due to rising oil and gas prices.</p>\n<p>The company, which typically doesn’t hedge, took the rare step of locking in future output after its decision to acquire Anadarko Petroleum in 2019. It entered into a so-called costless collar structure for 2020 where two different options are sold to fund the purchase of a put option that would allow the holder to sell crude at a pre-determined price. However, Occidental sold additional call options for 2021 to increase the ceiling price, capping its upside if oil prices rose above $74.16 a barrel in 2021. It subsequently also added natural gas hedges using a collar.</p>\n<p>As Brent crude prices surge, the hedge increasingly loses value. The global oil benchmark has been above $74.16 every day since late September and is currently trading near $83 as demand outstrips supply across the world.</p>\n<p>Based on futures prices on Sept. 30, Occidental was expected to lose $110 million on its natural gas hedge and $138 million on the crude hedge in the fourth quarter, according to estimates from Danny Adkins, oil and gas markets analyst at BloombergNEF. As of today, those losses have climbed to $300 million on oil and $90 million for natural gas, Adkins said.</p>\n<p>A company representative declined to comment on the hedges.</p>\n<p>Occidental will all but end hedging next year due to the run-up in oil and gas prices, Chief Financial Officer Rob Peterson said on a call with analysts last week.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Occidental Loses Money on Oil Hedge After Huge 2020 Payout</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOccidental Loses Money on Oil Hedge After Huge 2020 Payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 15:16 GMT+8 <a href=https://finance.yahoo.com/news/occidental-oil-hedge-racks-losses-204124514.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil and gas producer Occidental Petroleum Corp.’s move to hedge its output has been a roller coaster over the past two years.\nOccidental, one of the Permian Basin’s biggest producers, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/occidental-oil-hedge-racks-losses-204124514.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/occidental-oil-hedge-racks-losses-204124514.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183222744","content_text":"(Bloomberg) -- Oil and gas producer Occidental Petroleum Corp.’s move to hedge its output has been a roller coaster over the past two years.\nOccidental, one of the Permian Basin’s biggest producers, lost an estimated $339 million from its oil and gas hedges this year through Sept. 30, the latest quarterly filing showed. That includes losses not yet realized. Last year, the company made $960 million from its hedges after prices collapsed, according to regulatory filings.\nDespite the loss from its hedges, the explorer posted a $791 million profit in the first three quarters of the year due to rising oil and gas prices.\nThe company, which typically doesn’t hedge, took the rare step of locking in future output after its decision to acquire Anadarko Petroleum in 2019. It entered into a so-called costless collar structure for 2020 where two different options are sold to fund the purchase of a put option that would allow the holder to sell crude at a pre-determined price. However, Occidental sold additional call options for 2021 to increase the ceiling price, capping its upside if oil prices rose above $74.16 a barrel in 2021. It subsequently also added natural gas hedges using a collar.\nAs Brent crude prices surge, the hedge increasingly loses value. The global oil benchmark has been above $74.16 every day since late September and is currently trading near $83 as demand outstrips supply across the world.\nBased on futures prices on Sept. 30, Occidental was expected to lose $110 million on its natural gas hedge and $138 million on the crude hedge in the fourth quarter, according to estimates from Danny Adkins, oil and gas markets analyst at BloombergNEF. As of today, those losses have climbed to $300 million on oil and $90 million for natural gas, Adkins said.\nA company representative declined to comment on the hedges.\nOccidental will all but end hedging next year due to the run-up in oil and gas prices, Chief Financial Officer Rob Peterson said on a call with analysts last week.","news_type":1,"symbols_score_info":{"OXY":0.9}},"isVote":1,"tweetType":1,"viewCount":1976,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844645651,"gmtCreate":1636425412500,"gmtModify":1636425412944,"author":{"id":"3554875446114741","authorId":"3554875446114741","name":"GabbieTeo","avatar":"https://static.tigerbbs.com/866f3a126be2fa4bacd2d1e9086f1b51","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554875446114741","idStr":"3554875446114741"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Make us proud! 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