个人中心 - 老虎社区

Musyaffaq

IP属地：未知

帖子 · 16帖子 · 16
关注 · 0关注 · 0
粉丝 · 0粉丝 · 0

- MusyaffaqMusyaffaq
  ·2021-06-21
  nice
  Top Ag Traders Forecast "Mini Supercycle"
  Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and
  Top Ag Traders Forecast "Mini Supercycle"
  939 评论
  1
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-05-10
  Cool
  非常抱歉，此主贴已删除
  1,295 评论
  1
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-28
  Cool
  Reddit Traders Can’t Keep AMC Entertainment Afloat Forever
  Earnings do matter, and no amount of share-price manipulation will sustain AMC stock I think we can
  Reddit Traders Can’t Keep AMC Entertainment Afloat Forever
  1,718 评论
  点赞
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-27
  Nice
  非常抱歉，此主贴已删除
  1,007 评论
  1
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-25
  Cool
  非常抱歉，此主贴已删除
  1,900 评论
  点赞
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-23
  Cool
  Stocks open flat, head for losing week on higher tax fears
  U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns
  Stocks open flat, head for losing week on higher tax fears
  1,085 评论
  2
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-21
  Nice
  非常抱歉，此主贴已删除
  1,148 评论
  点赞
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-20
  Like pls
  非常抱歉，此主贴已删除
  1,070 评论
  点赞
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-20
  Cool
  非常抱歉，此主贴已删除
  1,146 评论
  点赞
  分享
  举报
- MusyaffaqMusyaffaq
  ·2021-04-19
  Yes
  非常抱歉，此主贴已删除
  2,142 1
  点赞
  分享
  举报
暂无粉丝

热议股票

{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"3568439939709340","uuid":"3568439939709340","gmtCreate":1605346848686,"gmtModify":1605346848686,"name":"Musyaffaq","pinyin":"musyaffaq","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":117,"tweetSize":16,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.26","exceedPercentage":"60.90%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":4,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":167256225,"gmtCreate":1624273079967,"gmtModify":1634008606092,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167256225","repostId":"1181147458","repostType":4,"repost":{"id":"1181147458","kind":"news","pubTimestamp":1624269824,"share":"https://www.laohu8.com/m/news/1181147458?lang=&edition=full","pubTime":"2021-06-21 18:03","market":"fut","language":"en","title":"Top Ag Traders Forecast \"Mini Supercycle\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1181147458","media":"zerohedge","summary":"Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and ","content":"<p>Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and Scoular said this week at the&nbsp;FT Commodities Global Summit&nbsp;that<b>a \"mini-supercycle\" in agricultural commodities could be on the horizon, boosted by China demand and increasing use for biofuels.</b></p>\n<p>These execs forecasted corn, soybeans, and wheat markets will remain robust over the next two to four years.</p>\n<blockquote>\n <i>\"We certainly see a mini supercycle,\" said David Mattiske, chief executive of Viterra, majority-owned by Glencore, told the FT Commodities Global Summit.\"We're in a demand-driven environment with the themes of a growing population, growing wealth, people consuming more. And added into that we've got increased demand for plant-based fuel,\" Mattiske said.</i>\n</blockquote>\n<p>Taking a look at the S&amp;P GSCI Agriculture Index, a sub-index of the S&amp;P GSCI which provides a broad basket of wheat, corn, soybeans, coffee, sugar, cocoa, and cotton, has been on an absolute tear since the virus pandemic began, up currently 56.6% but down 15% from an eight-year high.</p>\n<p><img src=\"https://static.tigerbbs.com/a6c8adc05faef6f0eb37acdd37b9e6d2\" tg-width=\"500\" tg-height=\"345\">Higher commodity prices are great news for farmers who can boost incomes and reinvest into operations. Many farmers have seen their net incomes deteriorate over the last decade. But rising agriculture prices mean higher food inflation will hit low-income countries the hardest first, then ripple across the world.</p>\n<p>Back in December, SocGen's resident market skeptic Albert Edwards shared with the world&nbsp;why he is starting to panic about soaring food prices. And since that was before food prices really erupted amid broken supply chains, trillions in fiscal stimulus, and exploding commodity costs, we can only imagine the sheer terror he must feel today. He has noted social instabilities&nbsp;have begun around soaring food inflation.</p>\n<p><img src=\"https://static.tigerbbs.com/e5582ae832d11f87e90cb9e4eb5ccbc8\" tg-width=\"500\" tg-height=\"276\">According to the latest United Nations index of world food costs, itclimbedfor a 12th straight month in May, its longest stretch in a decade, rising to the highest in nearly a decade, heightening concerns over bulging grocery bills.</p>\n<p><img src=\"https://static.tigerbbs.com/a4333c994853efc1b54db09a1cb92453\" tg-width=\"500\" tg-height=\"899\">Alex Sanfeliu, head of Cargill's world trading unit, said the bumper harvests for corn and soybeans in the US and Brazil means that supercycles in grains and oilseeds will be shorter in the past. Though he predicted an upward swing in ag prices could be sustained for two to four years. \"The characteristics of the supercycle are there,\" he added.</p>\n<p>Last year, China imported a record amount of soybeans and grains from the US as it rebuilt its swine population. The US was among the largest beneficiary of the buying. China is expected to continue purchasing&nbsp;US farm goods this year as it needs to \"restock\" after the pandemic shock.</p>\n<p>Marcelo Martins, head of grains and oilseeds at Cofco International, the trading arm of the Chinese state conglomerate, said supply imbalances around the world would persist due to some areas that sustained poor harvest. But, he warned,<i>\"[The supply deficit] is here to stay.\"</i></p>\n<p>As we've previously noted, parts of South America and the Western half of the US are in a&nbsp;drought, affecting future harvest yields. Especially in the US, amegadroughtis crushing farmers as&nbsp;<i>reservoirs dry up, with many unable to water their crops.</i></p>\n<p>Meanwhile, the Biden administration set the 2030 greenhouse gas pollution target aimed at increasing biofuels - this means the agricultural product is being diverted for fuel rather than food, driving up prices.</p>\n<p>Paul Maas, chief executive of US agricultural trader Scoular, said biofuels drive \"unprecedented\" demand for soyabean and soya oil prices. As countries reduce their carbon footprint, many turn to the food supply for answers to reduce fossil fuel usage by mixing biofuels into petrol blends.</p>\n<blockquote>\n <i>\"The increased demand is real and we're on the front end of seeing how that all plays out,\" said Maas.</i>\n</blockquote>\n<p>While there are several factors top execs point to for higher future ag prices, prices have fallen in the last couple of months and may continue to correct.</p>\n<p>Gary McGuigan, head of global trade at Archer Daniels Midland, added some caution to the mini supercycle, indicating significant uncertainties around China's 2021 demand.</p>\n<p>Perhaps this is more evidence that the Fed's illusionary narrative of \"transitory\" inflation is tearing apart at the seams as food prices are likely to remain elevated for some time due to the various demand dynamics mentioned above.</p>\n<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>Top Ag Traders Forecast \"Mini Supercycle\" </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\">\nTop Ag Traders Forecast \"Mini Supercycle\" \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 18:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and Scoular said this week at the FT Commodities Global Summit thata \"mini-supercycle\" in agricultural ...</p>\n\n<a href=\"https://www.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle\">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.zerohedge.com/commodities/top-ag-traders-forecast-mini-supercycle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181147458","content_text":"Before the plunge in commodities late in the week, top executives from Cargill, Cofco, Viterra, and Scoular said this week at the FT Commodities Global Summit thata \"mini-supercycle\" in agricultural commodities could be on the horizon, boosted by China demand and increasing use for biofuels.\nThese execs forecasted corn, soybeans, and wheat markets will remain robust over the next two to four years.\n\n\"We certainly see a mini supercycle,\" said David Mattiske, chief executive of Viterra, majority-owned by Glencore, told the FT Commodities Global Summit.\"We're in a demand-driven environment with the themes of a growing population, growing wealth, people consuming more. And added into that we've got increased demand for plant-based fuel,\" Mattiske said.\n\nTaking a look at the S&P GSCI Agriculture Index, a sub-index of the S&P GSCI which provides a broad basket of wheat, corn, soybeans, coffee, sugar, cocoa, and cotton, has been on an absolute tear since the virus pandemic began, up currently 56.6% but down 15% from an eight-year high.\nHigher commodity prices are great news for farmers who can boost incomes and reinvest into operations. Many farmers have seen their net incomes deteriorate over the last decade. But rising agriculture prices mean higher food inflation will hit low-income countries the hardest first, then ripple across the world.\nBack in December, SocGen's resident market skeptic Albert Edwards shared with the world why he is starting to panic about soaring food prices. And since that was before food prices really erupted amid broken supply chains, trillions in fiscal stimulus, and exploding commodity costs, we can only imagine the sheer terror he must feel today. He has noted social instabilities have begun around soaring food inflation.\nAccording to the latest United Nations index of world food costs, itclimbedfor a 12th straight month in May, its longest stretch in a decade, rising to the highest in nearly a decade, heightening concerns over bulging grocery bills.\nAlex Sanfeliu, head of Cargill's world trading unit, said the bumper harvests for corn and soybeans in the US and Brazil means that supercycles in grains and oilseeds will be shorter in the past. Though he predicted an upward swing in ag prices could be sustained for two to four years. \"The characteristics of the supercycle are there,\" he added.\nLast year, China imported a record amount of soybeans and grains from the US as it rebuilt its swine population. The US was among the largest beneficiary of the buying. China is expected to continue purchasing US farm goods this year as it needs to \"restock\" after the pandemic shock.\nMarcelo Martins, head of grains and oilseeds at Cofco International, the trading arm of the Chinese state conglomerate, said supply imbalances around the world would persist due to some areas that sustained poor harvest. But, he warned,\"[The supply deficit] is here to stay.\"\nAs we've previously noted, parts of South America and the Western half of the US are in a drought, affecting future harvest yields. Especially in the US, amegadroughtis crushing farmers as reservoirs dry up, with many unable to water their crops.\nMeanwhile, the Biden administration set the 2030 greenhouse gas pollution target aimed at increasing biofuels - this means the agricultural product is being diverted for fuel rather than food, driving up prices.\nPaul Maas, chief executive of US agricultural trader Scoular, said biofuels drive \"unprecedented\" demand for soyabean and soya oil prices. As countries reduce their carbon footprint, many turn to the food supply for answers to reduce fossil fuel usage by mixing biofuels into petrol blends.\n\n\"The increased demand is real and we're on the front end of seeing how that all plays out,\" said Maas.\n\nWhile there are several factors top execs point to for higher future ag prices, prices have fallen in the last couple of months and may continue to correct.\nGary McGuigan, head of global trade at Archer Daniels Midland, added some caution to the mini supercycle, indicating significant uncertainties around China's 2021 demand.\nPerhaps this is more evidence that the Fed's illusionary narrative of \"transitory\" inflation is tearing apart at the seams as food prices are likely to remain elevated for some time due to the various demand dynamics mentioned above.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":939,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190202950,"gmtCreate":1620620752870,"gmtModify":1634197621242,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190202950","repostId":"1134875250","repostType":4,"isVote":1,"tweetType":1,"viewCount":1295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100182418,"gmtCreate":1619589852334,"gmtModify":1634211505421,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100182418","repostId":"1179080270","repostType":4,"repost":{"id":"1179080270","kind":"news","pubTimestamp":1619587243,"share":"https://www.laohu8.com/m/news/1179080270?lang=&edition=full","pubTime":"2021-04-28 13:20","market":"us","language":"en","title":"Reddit Traders Can’t Keep AMC Entertainment Afloat Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=1179080270","media":"InvestorPlace","summary":"Earnings do matter, and no amount of share-price manipulation will sustain AMC stock\nI think we can ","content":"<p>Earnings do matter, and no amount of share-price manipulation will sustain AMC stock</p>\n<p>I think we can all agree that movie-theater chain&nbsp;<b>AMC Entertainment</b>&nbsp;(NYSE:<b><u>AMC</u></b>) didn’t have its best year in 2020. The onset of the novel coronavirus scared people away from theaters, and scared investors away from AMC stock.</p>\n<p>During the second half of the year, however, some folks took long positions as a “recovery trade.” That didn’t work out so great, with the stock price ending the year not far from its March 2020 low point.</p>\n<p>Then came 2021 and what could aptly be described as market insanity. A growing, grassroots army of traders on the Reddit social media platform were on the hunt for short-squeeze targets, and AMC stock was one of them.</p>\n<p>And apparently, in April 2021 some social media traders and commentators are still attempting to move stock prices. They may succeed in the short term, but informed investors shouldn’t ignore the fundamentals.</p>\n<p><b>A Closer Look at AMC Stock</b></p>\n<p>We could identify not just one, but multiple “bottoms” in AMC stock. After trading at much higher prices, the stock fell to $2 and change on several occasions:</p>\n<ul>\n <li>April 13, 2020</li>\n <li>Nov. 2, 2020</li>\n <li>Jan. 5, 2021</li>\n</ul>\n<p>Clearly, this is a stock that can fly high but has demonstrated difficulty in maintaining its rallies.</p>\n<p>What took place in late January of 2021 wasn’t your run-of-the-mill rally, however.</p>\n<p>Probably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of $20.36 on Jan. 27.</p>\n<p>Just a couple of weeks later, the stock had declined to $5 and change. This just goes to show that if your timing isn’t ideal, it’s probably not a great strategy to try to capture gains from frenzied Reddit activity.</p>\n<p>Admittedly, there’s been some recovery in the AMC stock price. As of April 23, the shares were trading at $10.16.</p>\n<p><b>Words of Wisdom</b></p>\n<p>At this point, I’d like to bring up an old but still relevant quote from renowned value investor Benjamin Graham.</p>\n<p>It goes like this: “In the short run, the market is a voting machine but in the long run,it is a weighing machine.”</p>\n<p>In crazy times like this, I believe it’s important to keep these words of wisdom in mind. Basically, Graham (assuming I’m interpreting his quote correctly) is reminding investors that sentiment drives asset prices in the short run.</p>\n<p>The other part of that thought is that eventually, the company’s financials and fundamentals will actually matter. If a company is consistently profitable, the company’s stock price should be higher in the long term.</p>\n<p>I hate to be the bearer of bad news, but AMC doesn’t appear to meet that standard. When I checked on April 23, the company’s trailing 12-month earnings per share was -$39.15.</p>\n<p>That’s quite discouraging, especially for a $10 stock. Negative per-share earnings isn’t always a deal breaker for me, but -$39.15 may be too deep a hole to climb out of.</p>\n<p><b>A Day to Celebrate?</b></p>\n<p>It’s a good thing that I’m constantly reading&nbsp;<i>InvestorPlace</i>articles. Otherwise, I might have missed William White’s excellent&nbsp;primer on the social media hashtag #AMCDAY.</p>\n<p>Apparently, this is the social media trading crowd’s version of a holiday. However, this isn’t the type of holiday that involves balloons and cakes.</p>\n<p>Instead, the purpose of #AMCDAY was for investors to buy up shares of the stock and thereby send it higher. This event took place on April 22.</p>\n<p>It didn’t take long for me to find evidence of the holiday spirit surrounding this pump party on Reddit. Here’s a&nbsp;delightful post:</p>\n<blockquote>\n “Tomorrow is #AMCDay here’s a few things to do: Every Tweet or Comment use #AMCDay Tell Family,Friends and Colleagues about #AMCDay BUY and HOLD all the #AMC you can on #AMCDay Book yourself a Day at the #AMC movies on #AMCDay BE AN APE on #AMCDay”\n</blockquote>\n<p>There was, indeed, a quick AMC stock price spike on April 22.</p>\n<p>In case you haven’t detected my skeptical tone, though, I don’t advise a “BUY and HOLD” strategy based on hashtags – or on the short-term, Reddit-fueled voting machine in general.</p>\n<p><b>The Bottom Line</b></p>\n<p>For the long term, an “earnings first” policy is what I would recommend to informed investors amid a frenetic market environment.</p>\n<p>And when the party goers come calling, the distant but urgent voice of Ben Graham will, hopefully, snap us back to reality.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reddit Traders Can’t Keep AMC Entertainment Afloat Forever</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\">\nReddit Traders Can’t Keep AMC Entertainment Afloat Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 13:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/reddit-traders-cant-keep-amc-stock-afloat-forever/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings do matter, and no amount of share-price manipulation will sustain AMC stock\nI think we can all agree that movie-theater chain AMC Entertainment (NYSE:AMC) didn’t have its best year in 2020. ...</p>\n\n<a href=\"https://investorplace.com/2021/04/reddit-traders-cant-keep-amc-stock-afloat-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/reddit-traders-cant-keep-amc-stock-afloat-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179080270","content_text":"Earnings do matter, and no amount of share-price manipulation will sustain AMC stock\nI think we can all agree that movie-theater chain AMC Entertainment (NYSE:AMC) didn’t have its best year in 2020. The onset of the novel coronavirus scared people away from theaters, and scared investors away from AMC stock.\nDuring the second half of the year, however, some folks took long positions as a “recovery trade.” That didn’t work out so great, with the stock price ending the year not far from its March 2020 low point.\nThen came 2021 and what could aptly be described as market insanity. A growing, grassroots army of traders on the Reddit social media platform were on the hunt for short-squeeze targets, and AMC stock was one of them.\nAnd apparently, in April 2021 some social media traders and commentators are still attempting to move stock prices. They may succeed in the short term, but informed investors shouldn’t ignore the fundamentals.\nA Closer Look at AMC Stock\nWe could identify not just one, but multiple “bottoms” in AMC stock. After trading at much higher prices, the stock fell to $2 and change on several occasions:\n\nApril 13, 2020\nNov. 2, 2020\nJan. 5, 2021\n\nClearly, this is a stock that can fly high but has demonstrated difficulty in maintaining its rallies.\nWhat took place in late January of 2021 wasn’t your run-of-the-mill rally, however.\nProbably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of $20.36 on Jan. 27.\nJust a couple of weeks later, the stock had declined to $5 and change. This just goes to show that if your timing isn’t ideal, it’s probably not a great strategy to try to capture gains from frenzied Reddit activity.\nAdmittedly, there’s been some recovery in the AMC stock price. As of April 23, the shares were trading at $10.16.\nWords of Wisdom\nAt this point, I’d like to bring up an old but still relevant quote from renowned value investor Benjamin Graham.\nIt goes like this: “In the short run, the market is a voting machine but in the long run,it is a weighing machine.”\nIn crazy times like this, I believe it’s important to keep these words of wisdom in mind. Basically, Graham (assuming I’m interpreting his quote correctly) is reminding investors that sentiment drives asset prices in the short run.\nThe other part of that thought is that eventually, the company’s financials and fundamentals will actually matter. If a company is consistently profitable, the company’s stock price should be higher in the long term.\nI hate to be the bearer of bad news, but AMC doesn’t appear to meet that standard. When I checked on April 23, the company’s trailing 12-month earnings per share was -$39.15.\nThat’s quite discouraging, especially for a $10 stock. Negative per-share earnings isn’t always a deal breaker for me, but -$39.15 may be too deep a hole to climb out of.\nA Day to Celebrate?\nIt’s a good thing that I’m constantly reading InvestorPlacearticles. Otherwise, I might have missed William White’s excellent primer on the social media hashtag #AMCDAY.\nApparently, this is the social media trading crowd’s version of a holiday. However, this isn’t the type of holiday that involves balloons and cakes.\nInstead, the purpose of #AMCDAY was for investors to buy up shares of the stock and thereby send it higher. This event took place on April 22.\nIt didn’t take long for me to find evidence of the holiday spirit surrounding this pump party on Reddit. Here’s a delightful post:\n\n “Tomorrow is #AMCDay here’s a few things to do: Every Tweet or Comment use #AMCDay Tell Family,Friends and Colleagues about #AMCDay BUY and HOLD all the #AMC you can on #AMCDay Book yourself a Day at the #AMC movies on #AMCDay BE AN APE on #AMCDay”\n\nThere was, indeed, a quick AMC stock price spike on April 22.\nIn case you haven’t detected my skeptical tone, though, I don’t advise a “BUY and HOLD” strategy based on hashtags – or on the short-term, Reddit-fueled voting machine in general.\nThe Bottom Line\nFor the long term, an “earnings first” policy is what I would recommend to informed investors amid a frenetic market environment.\nAnd when the party goers come calling, the distant but urgent voice of Ben Graham will, hopefully, snap us back to reality.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":1718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377580004,"gmtCreate":1619535493608,"gmtModify":1634211960749,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377580004","repostId":"1123159959","repostType":4,"isVote":1,"tweetType":1,"viewCount":1007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375693952,"gmtCreate":1619329404076,"gmtModify":1634274180957,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375693952","repostId":"2129666173","repostType":4,"isVote":1,"tweetType":1,"viewCount":1900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372861573,"gmtCreate":1619191795092,"gmtModify":1634287853565,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372861573","repostId":"1144648815","repostType":4,"repost":{"id":"1144648815","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":1619184669,"share":"https://www.laohu8.com/m/news/1144648815?lang=&edition=full","pubTime":"2021-04-23 21:31","market":"us","language":"en","title":"Stocks open flat, head for losing week on higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1144648815","media":"Tiger Newspress","summary":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns ","content":"<p>U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.</p><p>The S&amp;P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&amp;P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks open flat, head for losing week on higher tax fears</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\">\nStocks open flat, head for losing week on higher tax fears\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\">2021-04-23 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.</p><p>The S&amp;P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.</p><p><img src=\"https://static.tigerbbs.com/8fd67c9ce79cda3fa7aa36d15ae23e28\" tg-width=\"1046\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"</p><p>Week to date, the S&amp;P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.</p><p>Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</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":"1144648815","content_text":"U.S. stocks were flat on Friday as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.The S&P 500 rose just 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%. The Dow Jones Industrial Average fell 24 points amid a decline in American Express and Intel shares.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts' hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.\"We expect Congress will pass a scaled back version of this tax increase,\" wrote Goldman Sachs economists in a note. \"We expect Congress will settle on a more modest increase, potentially around 28%.\"Week to date, the S&P 500, Dow and Nasdaq are down 1.2%, 1.1% and 1.6%, respectively.Snap shares, meanwhile, jumped 9% after it saidit saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1085,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378331006,"gmtCreate":1618998805505,"gmtModify":1634289329960,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378331006","repostId":"2129942878","repostType":4,"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371041265,"gmtCreate":1618895789157,"gmtModify":1634290061211,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371041265","repostId":"1196225924","repostType":4,"isVote":1,"tweetType":1,"viewCount":1070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371041032,"gmtCreate":1618895744426,"gmtModify":1634290061672,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371041032","repostId":"1196225924","repostType":4,"isVote":1,"tweetType":1,"viewCount":1146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373364978,"gmtCreate":1618823102394,"gmtModify":1634290676901,"author":{"id":"3568439939709340","authorId":"3568439939709340","name":"Musyaffaq","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568439939709340","authorIdStr":"3568439939709340"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/373364978","repostId":"1165295576","repostType":4,"isVote":1,"tweetType":1,"viewCount":2142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}