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RonL
RonL
·
2021-10-27
Like pls
Trump stocks fell sharply in premarket trading
Trump stocks fell sharply in premarket trading,Phunware slid nearly 10%,Creatd and DWAC slid over 6%
Trump stocks fell sharply in premarket trading
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RonL
RonL
·
2021-09-23
$Tiger Brokers(TIGR)$
Deader than a dodo
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RonL
RonL
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2021-09-23
Flying soon?
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RonL
RonL
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2021-09-22
Come on!
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RonL
RonL
·
2021-09-21
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Will the Stock Market Selloff Get Worse? Watch This Number.
Was Monday’s selloff indicative of the big stock market correction that Wall Street has been calling
Will the Stock Market Selloff Get Worse? Watch This Number.
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RonL
RonL
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2021-09-21
$Tiger Brokers(TIGR)$
HODL
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RonL
RonL
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2021-09-20
Cham Liao
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RonL
RonL
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2021-09-20
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DraftKings Stock May Struggle Dealing Its Way Out of Consolidation
DKNG stock is in a holding pattern for a reason. Perhaps one of the most ironic publicly traded ent
DraftKings Stock May Struggle Dealing Its Way Out of Consolidation
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RonL
RonL
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2021-09-18
$Tiger Brokers(TIGR)$
Stonks
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RonL
RonL
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2021-09-18
Like pls
非常抱歉,此主贴已删除
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Although Trump's current value of $2.5 billion is still worthy of being called \"super rich\", he is still $400 million short of the Forbes 400 Rich List in the past.</p>\n<p>Last week,Trump announced plans to set up his new social platform \"TRUTH Social\" and go public through SPAC company DWAC. While Phunware's software previously provided mobile applications for Trump campaign team.And recently,Creatd announced a new non-fungible token art drop through its OG Gallery unit consisting of three photographs of Trump. The NFT includes three candid images of a young Donald Trump, captured as he signs the breast of a model.</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>Trump stocks fell sharply in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump stocks fell sharply in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-27 16:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Trump stocks fell sharply in premarket trading,Phunware slid nearly 10%,Creatd and DWAC slid over 6%.<img src=\"https://static.tigerbbs.com/a94b366462004373a3f94a989d88dc52\" tg-width=\"285\" tg-height=\"124\" referrerpolicy=\"no-referrer\">Donald Trump has dropped from the Forbes 400 list of the richest Americans for the first time in 25 years, according to the Forbes list. Although Trump's current value of $2.5 billion is still worthy of being called \"super rich\", he is still $400 million short of the Forbes 400 Rich List in the past.</p>\n<p>Last week,Trump announced plans to set up his new social platform \"TRUTH Social\" and go public through SPAC company DWAC. While Phunware's software previously provided mobile applications for Trump campaign team.And recently,Creatd announced a new non-fungible token art drop through its OG Gallery unit consisting of three photographs of Trump. The NFT includes three candid images of a young Donald Trump, captured as he signs the breast of a model.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRTD":"Creatd Inc","PHUN":"Phunware, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105918886","content_text":"Trump stocks fell sharply in premarket trading,Phunware slid nearly 10%,Creatd and DWAC slid over 6%.Donald Trump has dropped from the Forbes 400 list of the richest Americans for the first time in 25 years, according to the Forbes list. Although Trump's current value of $2.5 billion is still worthy of being called \"super rich\", he is still $400 million short of the Forbes 400 Rich List in the past.\nLast week,Trump announced plans to set up his new social platform \"TRUTH Social\" and go public through SPAC company DWAC. While Phunware's software previously provided mobile applications for Trump campaign team.And recently,Creatd announced a new non-fungible token art drop through its OG Gallery unit consisting of three photographs of Trump. The NFT includes three candid images of a young Donald Trump, captured as he signs the breast of a model.","news_type":1,"symbols_score_info":{"CRTD":0.9,"DWAC":0.9,"PHUN":0.9}},"isVote":1,"tweetType":1,"viewCount":1250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863244785,"gmtCreate":1632403155847,"gmtModify":1632732752953,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Deader than a dodo","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Deader than a dodo","text":"$Tiger Brokers(TIGR)$Deader than a dodo","images":[{"img":"https://static.tigerbbs.com/9c24adc2201c2d8b23dd550566b86a0a","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863244785","isVote":1,"tweetType":1,"viewCount":679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":863244617,"gmtCreate":1632403121239,"gmtModify":1632732764959,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"Flying soon?","listText":"Flying soon?","text":"Flying soon?","images":[{"img":"https://static.tigerbbs.com/8826899b878bb69fbb1d595842a1c0c6","width":"750","height":"2552"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863244617","isVote":1,"tweetType":1,"viewCount":1088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869469831,"gmtCreate":1632317525323,"gmtModify":1632801300870,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"Come on!","listText":"Come on!","text":"Come on!","images":[{"img":"https://static.tigerbbs.com/d2db426cc390f94ec61d564e42a2a862","width":"750","height":"2326"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869469831","isVote":1,"tweetType":1,"viewCount":918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860530917,"gmtCreate":1632186930239,"gmtModify":1632802220524,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860530917","repostId":"1134768038","repostType":4,"repost":{"id":"1134768038","kind":"news","pubTimestamp":1632185861,"share":"https://www.laohu8.com/m/news/1134768038?lang=&edition=full","pubTime":"2021-09-21 08:57","market":"us","language":"en","title":"Will the Stock Market Selloff Get Worse? Watch This Number.","url":"https://stock-news.laohu8.com/highlight/detail?id=1134768038","media":"Barrons","summary":"Was Monday’s selloff indicative of the big stock market correction that Wall Street has been calling","content":"<p>Was Monday’s selloff indicative of the big stock market correction that Wall Street has been calling for? Analysts are watching a key level for clues.</p>\n<p>The S&P 500 had its worst day in months Monday, tumbling 1.7%. Investors are also growing uncertain as the Federal Reserve’s meeting nears and negotiations over the Congressional budget and debt ceiling continue.</p>\n<p>Friday, the S&P 500 fell below its 50-day moving average, a technical indicator that shows investors are losing confidence in the market outlook. The S&P 500 is 3.9% below its all-time high as of Monday’s close, at its lowest level since mid-June.</p>\n<p>But on Monday, the S&P flashed another troublesome signal. The index briefly fell below its 100-day moving average of 4,320.</p>\n<p>Now, the question is whether stocks will bounce back quickly or suffer a correction, defined as a 10% drop from a recent high. Frank Cappelleri, chief market technician at Instinet, is watching the 100-day moving average. As the market has fallen below these key levels, “You haven’t had the demand to buy [the] volatility,” he said.</p>\n<p>If the S&P 500 falls significantly below the 4230 level with a majority of the stocks on the index in the red, watch out for a correction. That would indicate that market participants still see large risks that aren’t reflected in stock prices.</p>\n<p>“Is it going to be a falling knife at that level? 1-2% down moves?” Cappelleri said. “[The] chances of an elongated volatility environment are higher.”</p>\n<p>On the other hand, the S&P 500 could be in for a quick pullback if it sees a move higher, a tiny move lower, or a drop where the majority of stocks on the index are rising. Any of those scenarios would signal optimism.</p>\n<p>“[The 4,320 level] can encourage some dip buying because the market has been so consistent this year,” said Cappelleri.</p>\n<p>Other analysts are watching, too. “We are placing a lot of weight on today’s price action,” wrote founder of Fairlead Strategies Katie Stockton, on Monday.</p>\n<p>Some good news for investors: The index closed Monday above that key level.</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>Will the Stock Market Selloff Get Worse? Watch This Number. </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\">\nWill the Stock Market Selloff Get Worse? Watch This Number. \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 08:57 GMT+8 <a href=https://www.barrons.com/articles/stock-market-correction-pullback-technical-levels-51632184898?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Was Monday’s selloff indicative of the big stock market correction that Wall Street has been calling for? Analysts are watching a key level for clues.\nThe S&P 500 had its worst day in months Monday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-correction-pullback-technical-levels-51632184898?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stock-market-correction-pullback-technical-levels-51632184898?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134768038","content_text":"Was Monday’s selloff indicative of the big stock market correction that Wall Street has been calling for? Analysts are watching a key level for clues.\nThe S&P 500 had its worst day in months Monday, tumbling 1.7%. Investors are also growing uncertain as the Federal Reserve’s meeting nears and negotiations over the Congressional budget and debt ceiling continue.\nFriday, the S&P 500 fell below its 50-day moving average, a technical indicator that shows investors are losing confidence in the market outlook. The S&P 500 is 3.9% below its all-time high as of Monday’s close, at its lowest level since mid-June.\nBut on Monday, the S&P flashed another troublesome signal. The index briefly fell below its 100-day moving average of 4,320.\nNow, the question is whether stocks will bounce back quickly or suffer a correction, defined as a 10% drop from a recent high. Frank Cappelleri, chief market technician at Instinet, is watching the 100-day moving average. As the market has fallen below these key levels, “You haven’t had the demand to buy [the] volatility,” he said.\nIf the S&P 500 falls significantly below the 4230 level with a majority of the stocks on the index in the red, watch out for a correction. That would indicate that market participants still see large risks that aren’t reflected in stock prices.\n“Is it going to be a falling knife at that level? 1-2% down moves?” Cappelleri said. “[The] chances of an elongated volatility environment are higher.”\nOn the other hand, the S&P 500 could be in for a quick pullback if it sees a move higher, a tiny move lower, or a drop where the majority of stocks on the index are rising. Any of those scenarios would signal optimism.\n“[The 4,320 level] can encourage some dip buying because the market has been so consistent this year,” said Cappelleri.\nOther analysts are watching, too. “We are placing a lot of weight on today’s price action,” wrote founder of Fairlead Strategies Katie Stockton, on Monday.\nSome good news for investors: The index closed Monday above that key level.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":837,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860597893,"gmtCreate":1632186895912,"gmtModify":1632802221256,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>HODL","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>HODL","text":"$Tiger Brokers(TIGR)$HODL","images":[{"img":"https://static.tigerbbs.com/016f38009a100241b13bfc7cf8ea0780","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860597893","isVote":1,"tweetType":1,"viewCount":1055,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860119968,"gmtCreate":1632145228854,"gmtModify":1632802555914,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"Cham Liao ","listText":"Cham Liao ","text":"Cham Liao","images":[{"img":"https://static.tigerbbs.com/8d4b2c4e010e32ce8ec1acaf18a06d62","width":"750","height":"2326"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860119968","isVote":1,"tweetType":1,"viewCount":1058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860137829,"gmtCreate":1632145180561,"gmtModify":1632802557605,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"Like n comment ","listText":"Like n comment ","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860137829","repostId":"1137463734","repostType":4,"repost":{"id":"1137463734","kind":"news","pubTimestamp":1632143153,"share":"https://www.laohu8.com/m/news/1137463734?lang=&edition=full","pubTime":"2021-09-20 21:05","market":"us","language":"en","title":"DraftKings Stock May Struggle Dealing Its Way Out of Consolidation","url":"https://stock-news.laohu8.com/highlight/detail?id=1137463734","media":"Investorplace","summary":"DKNG stock is in a holding pattern for a reason.\n\nPerhaps one of the most ironic publicly traded ent","content":"<blockquote>\n <b>DKNG stock is in a holding pattern for a reason.</b>\n</blockquote>\n<p>Perhaps one of the most ironic publicly traded entities to launch in recent memory is<b>DraftKings</b>(NASDAQ:<b><u>DKNG</u></b>). A very popular platform among sports betters and fantasy sports aficionados, DraftKings chose to go public via a reverse merger with a special purpose acquisition company (SPAC). Just on that fact alone, you wouldn’t expect DKNG stock to be as successful as it is.</p>\n<p>SPACs are a funny animal. On the surface, they put public investors on the same playing field as everyone else. Until theblank-check firm announces a merger target, no one knows what the SPAC sponsors are thinking about in terms of a business combination. Still, you have theopportunity to take a blind wagerat the typical initial offering price of $10 per share.</p>\n<p>Earlier this year,<i>Bloomberg</i>labeled SPACs as thepoor man’s private-equity funds. Ordinarily, retail investors would have no chance at buying new issues at their original price as underwriters prefer to dole out such shares to their choicest clients.</p>\n<p>But there’s no such thing as a free lunch. And if you’re getting a free lunch on Wall Street, you should consider what’s really happening. As it turns out, the less-stringent regulatory environment of SPACs haslargely ended up penalizing retail shareholders.</p>\n<p>Suddenly, people are getting abad taste regarding SPACsbut that’s not the case with DKNG stock. On a year-to-date basis, shares are up over 33% while against its market debut, shares are up basically sixfold. The irony of course is that SPACs have become gambles — with the house enjoying a stark advantage.</p>\n<p>But the one SPAC that has been a sterling representative in a sea of ugly? Yeah, it’s a fantasy sports and sportsbook platform — go figure.</p>\n<p>Still, this unusually positive circumstance is facing its toughest challenge yet.</p>\n<p><b>Can DKNG Stock Break Out of Its Sideways Funk?</b></p>\n<p>Although DraftKings is an extraordinarily compelling platform, given thefavorable legislative backdrop regarding sports betting, the fundamental tailwind hasn’t been entirely convincing. You only need to look at the aforementioned performance metrics for DKNG stock.</p>\n<p>While being 33% up for the year is a major accomplishment, it’s comparatively disappointing when you consider what happened last year. DKNG stock moved up more than fourfold in 2020, boosted by rising expectations for consumer normalization following the novel coronavirus pandemic. As well, with professional sports leagues making a concerted effort to resume operations, this factor augured well for DraftKings.</p>\n<p>Naturally, DKNG stock bounced higher from the brewing enthusiasm, contrasting sharply with the initial pessimism when Covid-19 initially struck. But in 2021, it seems that the market has largely priced in this fervor. What’s needed now is a fresh catalyst — and the apparent lack of it seems to be capping DraftKings shares.</p>\n<p>Admittedly, the company has a major opportunity in places like California. While its fantasy sports platform is legal in the Golden State, thesportsbook element is not. Supposedly, the common argument is that as legislative momentum favors sports betting and as the opportunity costs for not realizing the industry’s revenue streams weighs heavily on politicians, California will soon legalize the practice.</p>\n<p>While this concept is certainly in the realm of the possible, the question is whether it’s in the realm of the probable? Reviewing the matter, I’m starting to have doubts. Primarily, the sports betting legalization initiative in California has long hit roadblocks because gambling in the state is only allowed on tribal grounds. Therefore,online sports betting would compete against the tribesbecause participants can then wager anywhere.</p>\n<p>It’s a political hot potato that few have been willing to touch.</p>\n<p><b>All Eyes on 2022</b></p>\n<p>Another wrinkle in the saga surrounding DKNG stock is California’s tribal leaders’ attempt to legalize sports betting and to funnel this practice exclusively in their casinos, thereby giving the tribes anexclusive monopoly. To accomplish this, a tribal coalition proposed a new initiative that “would blunt efforts to legalize internet sports wagering, which some out-of-state interests have sought to legalize in California,” wrote long-time Golden State pundit Dan Walters in June.</p>\n<p>“Tribal leaders fear that if gamblers could place sports bets on their computers, they would be less likely to personally visit casinos. Conversely, if sports betting can only be done legally inside casinos, it could build foot traffic,” Walters wrote.</p>\n<p>The issue will come up on the November 2022 ballot, which may have significant implications for DKNG stock. I’m not entirely sure that the implications are positive so it’s a matter to watch closely if you’re contemplating a heavy position in DraftKings.</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>DraftKings Stock May Struggle Dealing Its Way Out of Consolidation</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\">\nDraftKings Stock May Struggle Dealing Its Way Out of Consolidation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 21:05 GMT+8 <a href=https://investorplace.com/2021/09/dkng-stock-may-struggle-dealing-with-consolidation/><strong>Investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DKNG stock is in a holding pattern for a reason.\n\nPerhaps one of the most ironic publicly traded entities to launch in recent memory isDraftKings(NASDAQ:DKNG). A very popular platform among sports ...</p>\n\n<a href=\"https://investorplace.com/2021/09/dkng-stock-may-struggle-dealing-with-consolidation/\">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://investorplace.com/2021/09/dkng-stock-may-struggle-dealing-with-consolidation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137463734","content_text":"DKNG stock is in a holding pattern for a reason.\n\nPerhaps one of the most ironic publicly traded entities to launch in recent memory isDraftKings(NASDAQ:DKNG). A very popular platform among sports betters and fantasy sports aficionados, DraftKings chose to go public via a reverse merger with a special purpose acquisition company (SPAC). Just on that fact alone, you wouldn’t expect DKNG stock to be as successful as it is.\nSPACs are a funny animal. On the surface, they put public investors on the same playing field as everyone else. Until theblank-check firm announces a merger target, no one knows what the SPAC sponsors are thinking about in terms of a business combination. Still, you have theopportunity to take a blind wagerat the typical initial offering price of $10 per share.\nEarlier this year,Bloomberglabeled SPACs as thepoor man’s private-equity funds. Ordinarily, retail investors would have no chance at buying new issues at their original price as underwriters prefer to dole out such shares to their choicest clients.\nBut there’s no such thing as a free lunch. And if you’re getting a free lunch on Wall Street, you should consider what’s really happening. As it turns out, the less-stringent regulatory environment of SPACs haslargely ended up penalizing retail shareholders.\nSuddenly, people are getting abad taste regarding SPACsbut that’s not the case with DKNG stock. On a year-to-date basis, shares are up over 33% while against its market debut, shares are up basically sixfold. The irony of course is that SPACs have become gambles — with the house enjoying a stark advantage.\nBut the one SPAC that has been a sterling representative in a sea of ugly? Yeah, it’s a fantasy sports and sportsbook platform — go figure.\nStill, this unusually positive circumstance is facing its toughest challenge yet.\nCan DKNG Stock Break Out of Its Sideways Funk?\nAlthough DraftKings is an extraordinarily compelling platform, given thefavorable legislative backdrop regarding sports betting, the fundamental tailwind hasn’t been entirely convincing. You only need to look at the aforementioned performance metrics for DKNG stock.\nWhile being 33% up for the year is a major accomplishment, it’s comparatively disappointing when you consider what happened last year. DKNG stock moved up more than fourfold in 2020, boosted by rising expectations for consumer normalization following the novel coronavirus pandemic. As well, with professional sports leagues making a concerted effort to resume operations, this factor augured well for DraftKings.\nNaturally, DKNG stock bounced higher from the brewing enthusiasm, contrasting sharply with the initial pessimism when Covid-19 initially struck. But in 2021, it seems that the market has largely priced in this fervor. What’s needed now is a fresh catalyst — and the apparent lack of it seems to be capping DraftKings shares.\nAdmittedly, the company has a major opportunity in places like California. While its fantasy sports platform is legal in the Golden State, thesportsbook element is not. Supposedly, the common argument is that as legislative momentum favors sports betting and as the opportunity costs for not realizing the industry’s revenue streams weighs heavily on politicians, California will soon legalize the practice.\nWhile this concept is certainly in the realm of the possible, the question is whether it’s in the realm of the probable? Reviewing the matter, I’m starting to have doubts. Primarily, the sports betting legalization initiative in California has long hit roadblocks because gambling in the state is only allowed on tribal grounds. Therefore,online sports betting would compete against the tribesbecause participants can then wager anywhere.\nIt’s a political hot potato that few have been willing to touch.\nAll Eyes on 2022\nAnother wrinkle in the saga surrounding DKNG stock is California’s tribal leaders’ attempt to legalize sports betting and to funnel this practice exclusively in their casinos, thereby giving the tribes anexclusive monopoly. To accomplish this, a tribal coalition proposed a new initiative that “would blunt efforts to legalize internet sports wagering, which some out-of-state interests have sought to legalize in California,” wrote long-time Golden State pundit Dan Walters in June.\n“Tribal leaders fear that if gamblers could place sports bets on their computers, they would be less likely to personally visit casinos. Conversely, if sports betting can only be done legally inside casinos, it could build foot traffic,” Walters wrote.\nThe issue will come up on the November 2022 ballot, which may have significant implications for DKNG stock. I’m not entirely sure that the implications are positive so it’s a matter to watch closely if you’re contemplating a heavy position in DraftKings.","news_type":1,"symbols_score_info":{"DKNG":0.9}},"isVote":1,"tweetType":1,"viewCount":946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887944812,"gmtCreate":1631966275836,"gmtModify":1632805052550,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Stonks ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Stonks ","text":"$Tiger Brokers(TIGR)$Stonks","images":[{"img":"https://static.tigerbbs.com/e021193b42bd1898363491da3a1a4ef0","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887944812","isVote":1,"tweetType":1,"viewCount":1067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":887944379,"gmtCreate":1631966240391,"gmtModify":1632805052672,"author":{"id":"3581564245728047","authorId":"3581564245728047","name":"RonL","avatar":"https://static.tigerbbs.com/1d4873bbdc10ea07ac5244605217386c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581564245728047","authorIdStr":"3581564245728047"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/887944379","repostId":"2168957763","repostType":4,"isVote":1,"tweetType":1,"viewCount":1161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}