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- ksyksyksyksy
  ·2021-06-21
  $ContextLogic Inc.(WISH)$ nice
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- ksyksyksyksy
  ·2021-06-16
  [惊讶] [惊讶] [惊讶]
  非常抱歉，此主贴已删除
  1,937 1
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- ksyksyksyksy
  ·2021-03-23
  Nice
  Jury out on whether ARK Innovation returns are due to Cathie Wood’s skill or luck<blockquote>方舟创新的回报是由于凯西·伍德的技能还是运气还没有定论</blockquote>
  Statistical scrutiny brings this high-flying ETF down to earth You could have performed as well as t
  Jury out on whether ARK Innovation returns are due to Cathie Wood’s skill or luck<blockquote>方舟创新的回报是由于凯西·伍德的技能还是运气还没有定论</blockquote>
  2,061 评论
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- ksyksyksyksy
  ·2021-03-08
  Yes
  Buy Target Stock on the Dip, Analyst Says<blockquote>分析师表示，逢低买入目标股票</blockquote>
  Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its store
  Buy Target Stock on the Dip, Analyst Says<blockquote>分析师表示，逢低买入目标股票</blockquote>
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- ksyksyksyksy
  ·2021-02-07
  Nice
  非常抱歉，此主贴已删除
  2,046 评论
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- ksyksyksyksy
  ·2021-02-07
  [微笑]
  Robinhood lifts trading restrictions on all stocks, including GameStop<blockquote>Robinhood取消包括游戏驿站在内的所有股票的交易限制</blockquote>
  (Reuters) - Online brokerage app Robinhood said on Thursday it has removed temporary trading restric
  Robinhood lifts trading restrictions on all stocks, including GameStop<blockquote>Robinhood取消包括游戏驿站在内的所有股票的交易限制</blockquote>
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target=\"_blank\" href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a> nice","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a> nice","text":"$ContextLogic Inc.(WISH)$ nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120056720","isVote":1,"tweetType":1,"viewCount":1145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160655510,"gmtCreate":1623797466130,"gmtModify":1634028209030,"author":{"id":"3574295412116709","authorId":"3574295412116709","name":"ksyksy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574295412116709","idStr":"3574295412116709"},"themes":[],"htmlText":"[惊讶]&nbsp;[惊讶]&nbsp;[惊讶]&nbsp;","listText":"[惊讶]&nbsp;[惊讶]&nbsp;[惊讶]&nbsp;","text":"[惊讶] [惊讶] [惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160655510","repostId":"2143680537","repostType":4,"isVote":1,"tweetType":1,"viewCount":1937,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":353481371,"gmtCreate":1616512795493,"gmtModify":1634525404897,"author":{"id":"3574295412116709","authorId":"3574295412116709","name":"ksyksy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574295412116709","idStr":"3574295412116709"},"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/353481371","repostId":"1137063642","repostType":4,"repost":{"id":"1137063642","kind":"news","pubTimestamp":1616505836,"share":"https://www.laohu8.com/m/news/1137063642?lang=zh_CN&edition=full","pubTime":"2021-03-23 21:23","market":"us","language":"en","title":"Jury out on whether ARK Innovation returns are due to Cathie Wood’s skill or luck<blockquote>方舟创新的回报是由于凯西·伍德的技能还是运气还没有定论</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137063642","media":"MarketWatch","summary":"Statistical scrutiny brings this high-flying ETF down to earth\nYou could have performed as well as t","content":"<p>Statistical scrutiny brings this high-flying ETF down to earth</p><p><blockquote>统计审查让这只飞速发展的ETF脚踏实地</blockquote></p><p> You could have performed as well as the high-flying ARK Innovation ETF by investing in the Nasdaq 100 Index.</p><p><blockquote>通过投资纳斯达克100指数，您本可以表现得与飞速发展的ARK Innovation ETF一样好。</blockquote></p><p> I know that seems hard to believe, given the stunning performance chief investment officer Cathie Wood has produced with ARK Innovation— a 229% gain over the past year, according to FactSet. Meanwhile, the Invesco QQQ Trust&nbsp;(which is benchmarked to the Nasdaq 100), gained 78%. Since its creation in October 2014, ARK Innovation has produced an annualized gain of 34.6%, versus 20.6% for the QQQ.</p><p><blockquote>我知道这似乎很难相信，因为首席投资官Cathie Wood凭借ARK Innovation取得了令人惊叹的业绩——根据FactSet的数据，过去一年增长了229%。与此同时，景顺QQQ信托（以纳斯达克100指数为基准）上涨了78%。自2014年10月成立以来，ARK Innovation的年化收益为34.6%，而QQQ的年化收益为20.6%。</blockquote></p><p> At the same time, ARK Innovation has been extremely volatile and risky, making an apples-to-apples comparison with the Nasdaq 100 misleading. As measured by the standard deviation of monthly returns, ARK Innovation has been 73% more volatile than QQQ. That’s really saying something, since QQQ is itself more volatile than broad market indices such as the S&amp;P 500.</p><p><blockquote>与此同时，方舟创新的波动性和风险极高，与纳斯达克100指数进行同类比较具有误导性。以月回报率的标准差衡量，ARK Innovation的波动性比QQQ高出73%。这确实说明了一些问题，因为QQQ本身比标普500等大盘指数波动性更大。</blockquote></p><p> One approach statisticians use to create an apples-to-apples comparison is with a metric known as the Sharpe Ratio, invented by William Sharpe, the 1990 Nobel laureate in economics. It is the ratio of a fund’s average returns to the standard deviation of those returns. The Sharpe Ratio of ARK Innovation’s monthly returns since 2014 is almost precisely the same as the QQQ’s.</p><p><blockquote>统计学家用来进行同类比较的一种方法是使用一种称为夏普比率的指标，该指标由1990年诺贝尔经济学奖获得者威廉·夏普发明。它是基金的平均回报与这些回报的标准差的比率。ARK Innovation自2014年以来每月回报的夏普比率几乎与QQQ完全相同。</blockquote></p><p> If you’re like some of my clients, your reaction is not to care about the Sharpe Ratio. “You can’t take the Sharpe Ratio to the bank,” you in effect tell me. It’s raw performance that counts, and on that basis there’s no doubt that the ARKK did far better.</p><p><blockquote>如果你像我的一些客户一样，你的反应是不关心夏普比率。“你不能把夏普比率带到银行，”你实际上是在告诉我。重要的是原始性能，在此基础上，毫无疑问ARKK的表现要好得多。</blockquote></p><p> This reaction is confused, however. In fact you can take the Sharpe Ratio to the bank. If you had been willing to incur the ARK Innovation’s increased volatility, you could have made just as much by leveraging an investment in the QQQ. That is, you would have made just as much by increasing your portfolio allocation to QQQ, or by buying it on sufficient margin. This is illustrated in the chart below:</p><p><blockquote>然而，这种反应令人困惑。事实上，你可以把夏普比率拿到银行。如果你愿意承受方舟创新增加的波动性，你可以通过投资QQQ来赚同样多的钱。也就是说，通过增加QQQ的投资组合配置，或者以足够的保证金购买，您可以赚到同样多的钱。如下图所示：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/13b81e9f1962e464faeb2d45cdd0e5f9\" tg-width=\"1260\" tg-height=\"849\"></p><p><blockquote></blockquote></p><p> The Sharpe Ratio is not the only method that statisticians employ for measuring adviser performance on a level playing field, but other widely used approaches reach the same conclusion. Perhaps the best known, at least in academic circles, is the Fama-French factor model, named for University of Chicago finance professor Eugene Fama (the 2013 Nobel laureate in economics) and Dartmouth College professor Ken French. Their model involves an econometric test to see if a mutual fund’s return is significantly better than a combination of index funds benchmarked to factors such as small-cap, growth, and momentum.</p><p><blockquote>夏普比率并不是统计学家在公平竞争环境中衡量顾问表现的唯一方法，但其他广泛使用的方法也得出了相同的结论。也许最著名的，至少在学术界，是以芝加哥大学金融学教授尤金·法玛（2013年诺贝尔经济学奖得主）和达特茅斯学院教授肯·弗伦奇的名字命名的法玛-弗伦奇因子模型。他们的模型涉及计量经济学测试，以了解共同基金的回报是否明显优于以小盘股、增长和动量等因素为基准的指数基金组合。</blockquote></p><p> The answer for ARK Innovation is “no” — an overweight allocation to a small-cap growth fund would have produced the same overall return since November 2014.</p><p><blockquote>ARK Innovation的答案是“不”——自2014年11月以来，跑赢大盘对小盘成长基金的配置将产生相同的整体回报。</blockquote></p><p> <b>Luck versus skill</b></p><p><blockquote><b>运气与技巧</b></blockquote></p><p> Note carefully that these statistical tests do not prove that ARK Innovation’s performance is due solely to luck. Instead, those tests tell us that we cannot conclude that its performance was not due to luck. In this case, the double negative is not the same as the positive; this is a subtle, but important, difference.</p><p><blockquote>仔细注意，这些统计测试并不能证明方舟创新的表现完全是运气使然。相反，这些测试告诉我们，我们不能断定它的表现不是由于运气。在这种情况下，双重否定并不等同于肯定；这是一个微妙但重要的区别。</blockquote></p><p> This goes to show just how difficult it is to prove that an investment manager has genuine market-beating ability. If beating an index fund by more than 10 percentage points annualized over a 6-plus-year period is not enough, then what is? (An email to ARK Investment Management requesting comment was not immediately answered.)</p><p><blockquote>这表明，证明一位投资经理具有真正的跑赢市场的能力是多么困难。如果在6年多的时间里年化指数基金超过10个百分点还不够，那么还有什么呢？（发送给方舟投资管理公司请求置评的电子邮件没有立即得到回复。）</blockquote></p><p> The answer: Satisfying traditional standards of statistical significance requires beating the market by a larger amount over a much longer period.</p><p><blockquote>答案是：满足统计意义的传统标准需要在更长的时间内以更大的幅度击败市场。</blockquote></p><p> An example of a fund that does jump over this much-higher hurdle is Renaissance Technologies’ Medallion Fund, a hedge fund that has produced an incredible 39% annualized return over the 33 calendar years through 2020, versus “just” 11% annualized for an index fund. Bradford Cornell, an emeritus finance professor at UCLA, told me in an interview that it is impossible to attribute that fund’s outperformance to mere luck. (Unfortunately, this fund is only available to current and former partners at Renaissance Technologies.)</p><p><blockquote>确实跨越这一更高障碍的基金的一个例子是Renaissance Technologies的Medallion基金，该对冲基金在截至2020年的33个日历年中产生了令人难以置信的39%的年化回报率，而“仅”为11%指数基金。加州大学洛杉矶分校名誉金融学教授布拉德福德·康奈尔在接受采访时告诉我，不可能将该基金的优异表现仅仅归因于运气。（不幸的是，该基金仅适用于Renaissance Technologies的现任和前任合作伙伴。）</blockquote></p><p> In the meantime, it’s too early to render anything close to a final verdict on ARK Innovation’s stunning performance. Its performance over the next several years may prove to be good enough to eventually satisfy traditional standards of statistical significance. Until then we can’t be sure. This is yet another reason why index funds are the default investment of choice.</p><p><blockquote>与此同时，现在对方舟创新的惊人表现做出任何接近最终结论还为时过早。它在未来几年的表现可能会被证明足够好，最终满足传统的统计意义标准。在那之前我们不能确定。这也是指数基金成为默认投资选择的另一个原因。</blockquote></p><p></p>","source":"market_watch","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>Jury out on whether ARK Innovation returns are due to Cathie Wood’s skill or luck<blockquote>方舟创新的回报是由于凯西·伍德的技能还是运气还没有定论</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJury out on whether ARK Innovation returns are due to Cathie Wood’s skill or luck<blockquote>方舟创新的回报是由于凯西·伍德的技能还是运气还没有定论</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-03-23 21:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Statistical scrutiny brings this high-flying ETF down to earth</p><p><blockquote>统计审查让这只飞速发展的ETF脚踏实地</blockquote></p><p> You could have performed as well as the high-flying ARK Innovation ETF by investing in the Nasdaq 100 Index.</p><p><blockquote>通过投资纳斯达克100指数，您本可以表现得与飞速发展的ARK Innovation ETF一样好。</blockquote></p><p> I know that seems hard to believe, given the stunning performance chief investment officer Cathie Wood has produced with ARK Innovation— a 229% gain over the past year, according to FactSet. Meanwhile, the Invesco QQQ Trust&nbsp;(which is benchmarked to the Nasdaq 100), gained 78%. Since its creation in October 2014, ARK Innovation has produced an annualized gain of 34.6%, versus 20.6% for the QQQ.</p><p><blockquote>我知道这似乎很难相信，因为首席投资官Cathie Wood凭借ARK Innovation取得了令人惊叹的业绩——根据FactSet的数据，过去一年增长了229%。与此同时，景顺QQQ信托（以纳斯达克100指数为基准）上涨了78%。自2014年10月成立以来，ARK Innovation的年化收益为34.6%，而QQQ的年化收益为20.6%。</blockquote></p><p> At the same time, ARK Innovation has been extremely volatile and risky, making an apples-to-apples comparison with the Nasdaq 100 misleading. As measured by the standard deviation of monthly returns, ARK Innovation has been 73% more volatile than QQQ. That’s really saying something, since QQQ is itself more volatile than broad market indices such as the S&amp;P 500.</p><p><blockquote>与此同时，方舟创新的波动性和风险极高，与纳斯达克100指数进行同类比较具有误导性。以月回报率的标准差衡量，ARK Innovation的波动性比QQQ高出73%。这确实说明了一些问题，因为QQQ本身比标普500等大盘指数波动性更大。</blockquote></p><p> One approach statisticians use to create an apples-to-apples comparison is with a metric known as the Sharpe Ratio, invented by William Sharpe, the 1990 Nobel laureate in economics. It is the ratio of a fund’s average returns to the standard deviation of those returns. The Sharpe Ratio of ARK Innovation’s monthly returns since 2014 is almost precisely the same as the QQQ’s.</p><p><blockquote>统计学家用来进行同类比较的一种方法是使用一种称为夏普比率的指标，该指标由1990年诺贝尔经济学奖获得者威廉·夏普发明。它是基金的平均回报与这些回报的标准差的比率。ARK Innovation自2014年以来每月回报的夏普比率几乎与QQQ完全相同。</blockquote></p><p> If you’re like some of my clients, your reaction is not to care about the Sharpe Ratio. “You can’t take the Sharpe Ratio to the bank,” you in effect tell me. It’s raw performance that counts, and on that basis there’s no doubt that the ARKK did far better.</p><p><blockquote>如果你像我的一些客户一样，你的反应是不关心夏普比率。“你不能把夏普比率带到银行，”你实际上是在告诉我。重要的是原始性能，在此基础上，毫无疑问ARKK的表现要好得多。</blockquote></p><p> This reaction is confused, however. In fact you can take the Sharpe Ratio to the bank. If you had been willing to incur the ARK Innovation’s increased volatility, you could have made just as much by leveraging an investment in the QQQ. That is, you would have made just as much by increasing your portfolio allocation to QQQ, or by buying it on sufficient margin. This is illustrated in the chart below:</p><p><blockquote>然而，这种反应令人困惑。事实上，你可以把夏普比率拿到银行。如果你愿意承受方舟创新增加的波动性，你可以通过投资QQQ来赚同样多的钱。也就是说，通过增加QQQ的投资组合配置，或者以足够的保证金购买，您可以赚到同样多的钱。如下图所示：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/13b81e9f1962e464faeb2d45cdd0e5f9\" tg-width=\"1260\" tg-height=\"849\"></p><p><blockquote></blockquote></p><p> The Sharpe Ratio is not the only method that statisticians employ for measuring adviser performance on a level playing field, but other widely used approaches reach the same conclusion. Perhaps the best known, at least in academic circles, is the Fama-French factor model, named for University of Chicago finance professor Eugene Fama (the 2013 Nobel laureate in economics) and Dartmouth College professor Ken French. Their model involves an econometric test to see if a mutual fund’s return is significantly better than a combination of index funds benchmarked to factors such as small-cap, growth, and momentum.</p><p><blockquote>夏普比率并不是统计学家在公平竞争环境中衡量顾问表现的唯一方法，但其他广泛使用的方法也得出了相同的结论。也许最著名的，至少在学术界，是以芝加哥大学金融学教授尤金·法玛（2013年诺贝尔经济学奖得主）和达特茅斯学院教授肯·弗伦奇的名字命名的法玛-弗伦奇因子模型。他们的模型涉及计量经济学测试，以了解共同基金的回报是否明显优于以小盘股、增长和动量等因素为基准的指数基金组合。</blockquote></p><p> The answer for ARK Innovation is “no” — an overweight allocation to a small-cap growth fund would have produced the same overall return since November 2014.</p><p><blockquote>ARK Innovation的答案是“不”——自2014年11月以来，跑赢大盘对小盘成长基金的配置将产生相同的整体回报。</blockquote></p><p> <b>Luck versus skill</b></p><p><blockquote><b>运气与技巧</b></blockquote></p><p> Note carefully that these statistical tests do not prove that ARK Innovation’s performance is due solely to luck. Instead, those tests tell us that we cannot conclude that its performance was not due to luck. In this case, the double negative is not the same as the positive; this is a subtle, but important, difference.</p><p><blockquote>仔细注意，这些统计测试并不能证明方舟创新的表现完全是运气使然。相反，这些测试告诉我们，我们不能断定它的表现不是由于运气。在这种情况下，双重否定并不等同于肯定；这是一个微妙但重要的区别。</blockquote></p><p> This goes to show just how difficult it is to prove that an investment manager has genuine market-beating ability. If beating an index fund by more than 10 percentage points annualized over a 6-plus-year period is not enough, then what is? (An email to ARK Investment Management requesting comment was not immediately answered.)</p><p><blockquote>这表明，证明一位投资经理具有真正的跑赢市场的能力是多么困难。如果在6年多的时间里年化指数基金超过10个百分点还不够，那么还有什么呢？（发送给方舟投资管理公司请求置评的电子邮件没有立即得到回复。）</blockquote></p><p> The answer: Satisfying traditional standards of statistical significance requires beating the market by a larger amount over a much longer period.</p><p><blockquote>答案是：满足统计意义的传统标准需要在更长的时间内以更大的幅度击败市场。</blockquote></p><p> An example of a fund that does jump over this much-higher hurdle is Renaissance Technologies’ Medallion Fund, a hedge fund that has produced an incredible 39% annualized return over the 33 calendar years through 2020, versus “just” 11% annualized for an index fund. Bradford Cornell, an emeritus finance professor at UCLA, told me in an interview that it is impossible to attribute that fund’s outperformance to mere luck. (Unfortunately, this fund is only available to current and former partners at Renaissance Technologies.)</p><p><blockquote>确实跨越这一更高障碍的基金的一个例子是Renaissance Technologies的Medallion基金，该对冲基金在截至2020年的33个日历年中产生了令人难以置信的39%的年化回报率，而“仅”为11%指数基金。加州大学洛杉矶分校名誉金融学教授布拉德福德·康奈尔在接受采访时告诉我，不可能将该基金的优异表现仅仅归因于运气。（不幸的是，该基金仅适用于Renaissance Technologies的现任和前任合作伙伴。）</blockquote></p><p> In the meantime, it’s too early to render anything close to a final verdict on ARK Innovation’s stunning performance. Its performance over the next several years may prove to be good enough to eventually satisfy traditional standards of statistical significance. Until then we can’t be sure. This is yet another reason why index funds are the default investment of choice.</p><p><blockquote>与此同时，现在对方舟创新的惊人表现做出任何接近最终结论还为时过早。它在未来几年的表现可能会被证明足够好，最终满足传统的统计意义标准。在那之前我们不能确定。这也是指数基金成为默认投资选择的另一个原因。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/the-jury-is-out-on-whether-ark-innovations-red-hot-returns-are-due-to-cathie-woods-skill-or-luck-11616460092?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF","TSLA":"特斯拉","QQQ":"纳指100ETF"},"source_url":"https://www.marketwatch.com/story/the-jury-is-out-on-whether-ark-innovations-red-hot-returns-are-due-to-cathie-woods-skill-or-luck-11616460092?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1137063642","content_text":"Statistical scrutiny brings this high-flying ETF down to earth\nYou could have performed as well as the high-flying ARK Innovation ETF by investing in the Nasdaq 100 Index.\nI know that seems hard to believe, given the stunning performance chief investment officer Cathie Wood has produced with ARK Innovation— a 229% gain over the past year, according to FactSet. Meanwhile, the Invesco QQQ Trust (which is benchmarked to the Nasdaq 100), gained 78%. Since its creation in October 2014, ARK Innovation has produced an annualized gain of 34.6%, versus 20.6% for the QQQ.\nAt the same time, ARK Innovation has been extremely volatile and risky, making an apples-to-apples comparison with the Nasdaq 100 misleading. As measured by the standard deviation of monthly returns, ARK Innovation has been 73% more volatile than QQQ. That’s really saying something, since QQQ is itself more volatile than broad market indices such as the S&P 500.\nOne approach statisticians use to create an apples-to-apples comparison is with a metric known as the Sharpe Ratio, invented by William Sharpe, the 1990 Nobel laureate in economics. It is the ratio of a fund’s average returns to the standard deviation of those returns. The Sharpe Ratio of ARK Innovation’s monthly returns since 2014 is almost precisely the same as the QQQ’s.\nIf you’re like some of my clients, your reaction is not to care about the Sharpe Ratio. “You can’t take the Sharpe Ratio to the bank,” you in effect tell me. It’s raw performance that counts, and on that basis there’s no doubt that the ARKK did far better.\nThis reaction is confused, however. In fact you can take the Sharpe Ratio to the bank. If you had been willing to incur the ARK Innovation’s increased volatility, you could have made just as much by leveraging an investment in the QQQ. That is, you would have made just as much by increasing your portfolio allocation to QQQ, or by buying it on sufficient margin. This is illustrated in the chart below:\n\nThe Sharpe Ratio is not the only method that statisticians employ for measuring adviser performance on a level playing field, but other widely used approaches reach the same conclusion. Perhaps the best known, at least in academic circles, is the Fama-French factor model, named for University of Chicago finance professor Eugene Fama (the 2013 Nobel laureate in economics) and Dartmouth College professor Ken French. Their model involves an econometric test to see if a mutual fund’s return is significantly better than a combination of index funds benchmarked to factors such as small-cap, growth, and momentum.\nThe answer for ARK Innovation is “no” — an overweight allocation to a small-cap growth fund would have produced the same overall return since November 2014.\nLuck versus skill\nNote carefully that these statistical tests do not prove that ARK Innovation’s performance is due solely to luck. Instead, those tests tell us that we cannot conclude that its performance was not due to luck. In this case, the double negative is not the same as the positive; this is a subtle, but important, difference.\nThis goes to show just how difficult it is to prove that an investment manager has genuine market-beating ability. If beating an index fund by more than 10 percentage points annualized over a 6-plus-year period is not enough, then what is? (An email to ARK Investment Management requesting comment was not immediately answered.)\nThe answer: Satisfying traditional standards of statistical significance requires beating the market by a larger amount over a much longer period.\nAn example of a fund that does jump over this much-higher hurdle is Renaissance Technologies’ Medallion Fund, a hedge fund that has produced an incredible 39% annualized return over the 33 calendar years through 2020, versus “just” 11% annualized for an index fund. Bradford Cornell, an emeritus finance professor at UCLA, told me in an interview that it is impossible to attribute that fund’s outperformance to mere luck. (Unfortunately, this fund is only available to current and former partners at Renaissance Technologies.)\nIn the meantime, it’s too early to render anything close to a final verdict on ARK Innovation’s stunning performance. Its performance over the next several years may prove to be good enough to eventually satisfy traditional standards of statistical significance. Until then we can’t be sure. This is yet another reason why index funds are the default investment of choice.","news_type":1,"symbols_score_info":{"TSLA":0.9,"ARKQ":0.9,"ARKF":0.9,"QQQ":0.9,"ARKK":0.9}},"isVote":1,"tweetType":1,"viewCount":2061,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329804817,"gmtCreate":1615218196639,"gmtModify":1703485901960,"author":{"id":"3574295412116709","authorId":"3574295412116709","name":"ksyksy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574295412116709","idStr":"3574295412116709"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/329804817","repostId":"1130305981","repostType":4,"repost":{"id":"1130305981","kind":"news","pubTimestamp":1615217480,"share":"https://www.laohu8.com/m/news/1130305981?lang=zh_CN&edition=full","pubTime":"2021-03-08 23:31","market":"us","language":"en","title":"Buy Target Stock on the Dip, Analyst Says<blockquote>分析师表示，逢低买入目标股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130305981","media":"Barrons","summary":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its store","content":"<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.</p><p><blockquote>随着Covid-19大流行为其商店和网站带来了数百万新顾客，Targetstock在2020年飙升，但随着投资者期待危机结束，这一涨势已陷入停滞。然而古根海姆认为，塔吉特的优势将持续存在，抛售是一个买入机会。</blockquote></p><p> Analyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.</p><p><blockquote>分析师Robert Drbul周一将Target（股票代码：TGT）的评级从中性上调至买入，并设定了200美元的目标价。他写道，他“钦佩公司过去一年的执行力和表现，并一直在等待回调变得更具建设性。”尽管发布了另一份乐观的收益报告，但上周该股仍下跌了约6%，但这一时刻已经到来。</blockquote></p><p> Drbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.</p><p><blockquote>Drbul认为看好Target有三个主要原因。首先，他指出该公司去年实现了巨大的增长，收入增长了150亿美元，超过了该公司过去11年的增长总和。</blockquote></p><p> “Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.</p><p><blockquote>他写道：“塔吉特证明了店内配送可以发挥作用，推动份额增长并满足数字需求增长带来的前所未有的需求。”尽管他“顽固地怀疑”该公司的执行能力以及沃尔玛（WMT）和亚马逊（AMZN）等主要竞争对手，这些担忧已经消除，这让他认为这三家零售商将保持其在大流行期间的市场份额增长。</blockquote></p><p> Second, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.</p><p><blockquote>其次，他还喜欢该公司与主要品牌扩大合作伙伴关系，包括李维斯(LEVI)、Ulta Beauty(ULTA)和华特迪士尼(DIS)。他指出，这些与流行消费品牌的高调协议可能是“供应商的转折点”，因为它们为Target带来了越来越多的流量。</blockquote></p><p> Finally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”</p><p><blockquote>最后，Drbul对2021年的美国消费者持乐观态度：虽然失业仍然是一个问题，但政府的刺激措施和更高的储蓄率应该会允许更多的购物。“我们预计塔吉特将在其服装产品的带动下，全面参与2021年可自由支配支出的增长。”</blockquote></p><p> Target stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.</p><p><blockquote>Target股价在最近的交易中上涨1.4%，至175美元。该股在过去12个月内上涨了66%，但今年迄今已下跌2.2%。其他分析师也认为最近的抛售过度了。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Target Stock on the Dip, Analyst Says<blockquote>分析师表示，逢低买入目标股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Target Stock on the Dip, Analyst Says<blockquote>分析师表示，逢低买入目标股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-08 23:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.</p><p><blockquote>随着Covid-19大流行为其商店和网站带来了数百万新顾客，Targetstock在2020年飙升，但随着投资者期待危机结束，这一涨势已陷入停滞。然而古根海姆认为，塔吉特的优势将持续存在，抛售是一个买入机会。</blockquote></p><p> Analyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.</p><p><blockquote>分析师Robert Drbul周一将Target（股票代码：TGT）的评级从中性上调至买入，并设定了200美元的目标价。他写道，他“钦佩公司过去一年的执行力和表现，并一直在等待回调变得更具建设性。”尽管发布了另一份乐观的收益报告，但上周该股仍下跌了约6%，但这一时刻已经到来。</blockquote></p><p> Drbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.</p><p><blockquote>Drbul认为看好Target有三个主要原因。首先，他指出该公司去年实现了巨大的增长，收入增长了150亿美元，超过了该公司过去11年的增长总和。</blockquote></p><p> “Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.</p><p><blockquote>他写道：“塔吉特证明了店内配送可以发挥作用，推动份额增长并满足数字需求增长带来的前所未有的需求。”尽管他“顽固地怀疑”该公司的执行能力以及沃尔玛（WMT）和亚马逊（AMZN）等主要竞争对手，这些担忧已经消除，这让他认为这三家零售商将保持其在大流行期间的市场份额增长。</blockquote></p><p> Second, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.</p><p><blockquote>其次，他还喜欢该公司与主要品牌扩大合作伙伴关系，包括李维斯(LEVI)、Ulta Beauty(ULTA)和华特迪士尼(DIS)。他指出，这些与流行消费品牌的高调协议可能是“供应商的转折点”，因为它们为Target带来了越来越多的流量。</blockquote></p><p> Finally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”</p><p><blockquote>最后，Drbul对2021年的美国消费者持乐观态度：虽然失业仍然是一个问题，但政府的刺激措施和更高的储蓄率应该会允许更多的购物。“我们预计塔吉特将在其服装产品的带动下，全面参与2021年可自由支配支出的增长。”</blockquote></p><p> Target stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.</p><p><blockquote>Target股价在最近的交易中上涨1.4%，至175美元。该股在过去12个月内上涨了66%，但今年迄今已下跌2.2%。其他分析师也认为最近的抛售过度了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130305981","content_text":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.\nAnalyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.\nDrbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.\n“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.\nSecond, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.\nFinally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”\nTarget stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389139221,"gmtCreate":1612712303463,"gmtModify":1703764416747,"author":{"id":"3574295412116709","authorId":"3574295412116709","name":"ksyksy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574295412116709","idStr":"3574295412116709"},"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/389139221","repostId":"1191925403","repostType":4,"isVote":1,"tweetType":1,"viewCount":2046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389139197,"gmtCreate":1612712246519,"gmtModify":1703764416401,"author":{"id":"3574295412116709","authorId":"3574295412116709","name":"ksyksy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574295412116709","idStr":"3574295412116709"},"themes":[],"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389139197","repostId":"1108674000","repostType":4,"repost":{"id":"1108674000","kind":"news","pubTimestamp":1612497695,"share":"https://www.laohu8.com/m/news/1108674000?lang=zh_CN&edition=full","pubTime":"2021-02-05 12:01","market":"us","language":"en","title":"Robinhood lifts trading restrictions on all stocks, including GameStop<blockquote>Robinhood取消包括游戏驿站在内的所有股票的交易限制</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108674000","media":"reuters","summary":"(Reuters) - Online brokerage app Robinhood said on Thursday it has removed temporary trading restric","content":"<p>(Reuters) - Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc, according to an update on its website.</p><p><blockquote>（路透社）-在线经纪应用程序Robinhood周四表示，根据其网站的更新，已取消对所有股票的临时交易限制，包括游戏驿站公司和AMC院线控股公司。</blockquote></p><p> Earlier in the day, Robinhood's website showed that the trading limit on GameStop's shares was set at 500, while for AMC the limit was set at 5,500 shares. (bit.ly/3cJzNmm)</p><p><blockquote>当天早些时候，Robinhood网站显示，游戏驿站股票的交易上限设定为500股，而AMC的交易上限设定为5500股。(bit.ly/3cJzNmm)</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood lifts trading restrictions on all stocks, including GameStop<blockquote>Robinhood取消包括游戏驿站在内的所有股票的交易限制</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood lifts trading restrictions on all stocks, including GameStop<blockquote>Robinhood取消包括游戏驿站在内的所有股票的交易限制</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-02-05 12:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Reuters) - Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc, according to an update on its website.</p><p><blockquote>（路透社）-在线经纪应用程序Robinhood周四表示，根据其网站的更新，已取消对所有股票的临时交易限制，包括游戏驿站公司和AMC院线控股公司。</blockquote></p><p> Earlier in the day, Robinhood's website showed that the trading limit on GameStop's shares was set at 500, while for AMC the limit was set at 5,500 shares. (bit.ly/3cJzNmm)</p><p><blockquote>当天早些时候，Robinhood网站显示，游戏驿站股票的交易上限设定为500股，而AMC的交易上限设定为5500股。(bit.ly/3cJzNmm)</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/us-retail-trading-robinhood/robinhood-lifts-trading-restrictions-on-all-stocks-including-gamestop-idUSKBN2A50AB?il=0\">reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72bab52a7d49e9d26088350ab4826c1","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading-robinhood/robinhood-lifts-trading-restrictions-on-all-stocks-including-gamestop-idUSKBN2A50AB?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108674000","content_text":"(Reuters) - Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc, according to an update on its website.\nEarlier in the day, Robinhood's website showed that the trading limit on GameStop's shares was set at 500, while for AMC the limit was set at 5,500 shares. (bit.ly/3cJzNmm)","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}