In my opinion, now is not the

2021-05-28

In my opinion, now is not the time to buy stockbecause the market correction is still underway. I will be patiently waiting at the sideline since now might be the calm before the storm. Cheers!

Wall Street ekes out gain as weekly jobless claims fall

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LimLS
2021-05-28
LimLS
hard to predict if a correction is underway or not. time in market often beats timing the market. But if one is already quite vested, waiting to add more based on one conviction on bull/bear is ok.

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I will be patiently waiting at the sideline since now might be the calm before the storm. Cheers!</p></body></html>","text":"In my opinion, now is not the time to buy stockbecause the market correction is still underway. I will be patiently waiting at the sideline since now might be the calm before the storm. Cheers!","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/135768194","repostId":2138179881,"repostType":4,"repost":{"id":"2138179881","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622145658,"share":"https://www.laohu8.com/m/news/2138179881?lang=&edition=full","pubTime":"2021-05-28 04:00","market":"us","language":"en","title":"Wall Street ekes out gain as weekly jobless claims fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2138179881","media":"Reuters","summary":"Boeing climbs on rival Airbus' strong forecastNvidia beats forecast but shares dipKaplan says labor ","content":"<ul><li>Boeing climbs on rival Airbus' strong forecast</li><li>Nvidia beats forecast but shares dip</li><li>Kaplan says labor market tighter than realized</li></ul><p>NEW YORK, May 27 (Reuters) - U.S. stocks advanced slightly on Thursday, as data showing improvement in the labor market helped bolster expectations in the economic recovery and spurred a minor rotation towards stocks seen as more likely to benefit from the rebound.</p><p>The number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restrictions continue to be lifted, while a separate report showed business spending on equipment picked up speed.</p><p>The data helped lift U.S. Treasury yields, with the benchmark 10-year note    reaching a high of 1.625% and denting the attractiveness of higher-growth names in areas such as technology    while helping those seen as more likely to benefit from an improving economy such as financials    and small caps   .</p><p>Still, the 10-year yield remained within the range it has been in for several days, which served to keep inflation concerns in check and limited the rotation within sectors.</p><p>Investors have been closely watching economic data and comments from Federal Reserve officials for signs of runaway inflation and the possibility the central bank may begin to pull back on its massive stimulus measures.</p><p>\"When you look at the jobless claims that actually shows we're continuing to make progress, if we get a strong jobs report in the next release that's going to provide some support, until then there's uncertainty so I don't think there's a lot of momentum either way,\" said Brad McMillan, chief investment officer for Commonwealth Financial Network, in Waltham, Mass.</p><p>\"We've had the Fed come out and say we're going to continue to support things but now we're starting to be a little bit nervous, that's obviously a headwind.\"</p><p>Unofficially, the Dow Jones Industrial Average    rose 136.72 points, or 0.4%, to 34,459.77, the S&amp;P 500    gained 4.81 points, or 0.11%, to 4,200.8 and the Nasdaq Composite&nbsp;dropped 1.62 points, or 0.01%, to 13,736.38.</p><p>Weighed down by weakness in tech shares, the Nasdaq underperformed the Dow and S&amp;P.</p><p>U.S. planemaker Boeing    climbed after its European rival Airbus    outlined an almost two-fold increase in production, citing a strong recovery in aviation from the COVID-19 pandemic.</p><p>Boeing supplier General Electric    jumped and the two were the biggest boost to the S&amp;P industrials   , the best performing sector on the day.</p><p>Investors will now look to the personal consumption expenditure report due on Friday as it is the central bank's preferred inflation measure for its 2% long-term target.</p><p>Fed officials have repeatedly maintained in recent days that the central bank is not ready to adjust its monetary support, although some have suggested they are open to begin discussing the reduction of its bond-buying plan. On Thursday, Federal Reserve Bank of Dallas President Robert Kaplan said the labor market is tighter than many realize.</p><p>Strategists expect the S&amp;P 500 to end the year at about 4,300, according to a Reuters poll. The benchmark index is currently less than 1% away from its record high of 4,238.04 points.</p><p>Nvidia Corp    forecast second-quarter revenue above analysts' estimates, but shares fell as the chipmaker could not say for certain how much of its recent revenue rise was driven by the volatile cryptocurrency-mining market.</p><p>(Reporting by Chuck Mikolajczak; Additional reporting by Sinéad Carew in New York; Editing by Lisa Shumaker)</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>Wall Street ekes out gain as weekly jobless claims fall</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; 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}\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\">\nWall Street ekes out gain as weekly jobless claims fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-28 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Boeing climbs on rival Airbus' strong forecast</li><li>Nvidia beats forecast but shares dip</li><li>Kaplan says labor market tighter than realized</li></ul><p>NEW YORK, May 27 (Reuters) - U.S. stocks advanced slightly on Thursday, as data showing improvement in the labor market helped bolster expectations in the economic recovery and spurred a minor rotation towards stocks seen as more likely to benefit from the rebound.</p><p>The number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restrictions continue to be lifted, while a separate report showed business spending on equipment picked up speed.</p><p>The data helped lift U.S. Treasury yields, with the benchmark 10-year note    reaching a high of 1.625% and denting the attractiveness of higher-growth names in areas such as technology    while helping those seen as more likely to benefit from an improving economy such as financials    and small caps   .</p><p>Still, the 10-year yield remained within the range it has been in for several days, which served to keep inflation concerns in check and limited the rotation within sectors.</p><p>Investors have been closely watching economic data and comments from Federal Reserve officials for signs of runaway inflation and the possibility the central bank may begin to pull back on its massive stimulus measures.</p><p>\"When you look at the jobless claims that actually shows we're continuing to make progress, if we get a strong jobs report in the next release that's going to provide some support, until then there's uncertainty so I don't think there's a lot of momentum either way,\" said Brad McMillan, chief investment officer for Commonwealth Financial Network, in Waltham, Mass.</p><p>\"We've had the Fed come out and say we're going to continue to support things but now we're starting to be a little bit nervous, that's obviously a headwind.\"</p><p>Unofficially, the Dow Jones Industrial Average    rose 136.72 points, or 0.4%, to 34,459.77, the S&amp;P 500    gained 4.81 points, or 0.11%, to 4,200.8 and the Nasdaq Composite&nbsp;dropped 1.62 points, or 0.01%, to 13,736.38.</p><p>Weighed down by weakness in tech shares, the Nasdaq underperformed the Dow and S&amp;P.</p><p>U.S. planemaker Boeing    climbed after its European rival Airbus    outlined an almost two-fold increase in production, citing a strong recovery in aviation from the COVID-19 pandemic.</p><p>Boeing supplier General Electric    jumped and the two were the biggest boost to the S&amp;P industrials   , the best performing sector on the day.</p><p>Investors will now look to the personal consumption expenditure report due on Friday as it is the central bank's preferred inflation measure for its 2% long-term target.</p><p>Fed officials have repeatedly maintained in recent days that the central bank is not ready to adjust its monetary support, although some have suggested they are open to begin discussing the reduction of its bond-buying plan. On Thursday, Federal Reserve Bank of Dallas President Robert Kaplan said the labor market is tighter than many realize.</p><p>Strategists expect the S&amp;P 500 to end the year at about 4,300, according to a Reuters poll. The benchmark index is currently less than 1% away from its record high of 4,238.04 points.</p><p>Nvidia Corp    forecast second-quarter revenue above analysts' estimates, but shares fell as the chipmaker could not say for certain how much of its recent revenue rise was driven by the volatile cryptocurrency-mining market.</p><p>(Reporting by Chuck Mikolajczak; Additional reporting by Sinéad Carew in New York; Editing by Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOG":"道指反向ETF",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","DXD":"道指两倍做空ETF",".SPX":"S&P 500 Index","DDM":"道指两倍做多ETF","TQQQ":"纳指三倍做多ETF","DJX":"1/100道琼斯","SQQQ":"纳指三倍做空ETF","UDOW":"道指三倍做多ETF-ProShares","BA":"波音",".DJI":"道琼斯","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138179881","content_text":"Boeing climbs on rival Airbus' strong forecastNvidia beats forecast but shares dipKaplan says labor market tighter than realizedNEW YORK, May 27 (Reuters) - U.S. stocks advanced slightly on Thursday, as data showing improvement in the labor market helped bolster expectations in the economic recovery and spurred a minor rotation towards stocks seen as more likely to benefit from the rebound.The number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restrictions continue to be lifted, while a separate report showed business spending on equipment picked up speed.The data helped lift U.S. Treasury yields, with the benchmark 10-year note    reaching a high of 1.625% and denting the attractiveness of higher-growth names in areas such as technology    while helping those seen as more likely to benefit from an improving economy such as financials    and small caps   .Still, the 10-year yield remained within the range it has been in for several days, which served to keep inflation concerns in check and limited the rotation within sectors.Investors have been closely watching economic data and comments from Federal Reserve officials for signs of runaway inflation and the possibility the central bank may begin to pull back on its massive stimulus measures.\"When you look at the jobless claims that actually shows we're continuing to make progress, if we get a strong jobs report in the next release that's going to provide some support, until then there's uncertainty so I don't think there's a lot of momentum either way,\" said Brad McMillan, chief investment officer for Commonwealth Financial Network, in Waltham, Mass.\"We've had the Fed come out and say we're going to continue to support things but now we're starting to be a little bit nervous, that's obviously a headwind.\"Unofficially, the Dow Jones Industrial Average    rose 136.72 points, or 0.4%, to 34,459.77, the S&P 500    gained 4.81 points, or 0.11%, to 4,200.8 and the Nasdaq Composite dropped 1.62 points, or 0.01%, to 13,736.38.Weighed down by weakness in tech shares, the Nasdaq underperformed the Dow and S&P.U.S. planemaker Boeing    climbed after its European rival Airbus    outlined an almost two-fold increase in production, citing a strong recovery in aviation from the COVID-19 pandemic.Boeing supplier General Electric    jumped and the two were the biggest boost to the S&P industrials   , the best performing sector on the day.Investors will now look to the personal consumption expenditure report due on Friday as it is the central bank's preferred inflation measure for its 2% long-term target.Fed officials have repeatedly maintained in recent days that the central bank is not ready to adjust its monetary support, although some have suggested they are open to begin discussing the reduction of its bond-buying plan. On Thursday, Federal Reserve Bank of Dallas President Robert Kaplan said the labor market is tighter than many realize.Strategists expect the S&P 500 to end the year at about 4,300, according to a Reuters poll. The benchmark index is currently less than 1% away from its record high of 4,238.04 points.Nvidia Corp    forecast second-quarter revenue above analysts' estimates, but shares fell as the chipmaker could not say for certain how much of its recent revenue rise was driven by the volatile cryptocurrency-mining market.(Reporting by Chuck Mikolajczak; Additional reporting by Sinéad Carew in New York; Editing by Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":159,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4482205,"commentId":"4482205","gmtCreate":1622186707702,"gmtModify":1680791539612,"authorId":3572923586954779,"author":{"id":3572923586954779,"idStr":"3572923586954779","authorId":3572923586954779,"name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135768194,"objectIdStr":"135768194","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"hard to predict if a correction is underway or not. time in market often beats timing the market. But if one is already <u>quite</u> vested, waiting to add more based on one conviction on bull/bear is ok.","text":"hard to predict if a correction is underway or not. time in market often beats timing the market. But if one is already <u>quite</u> vested, waiting to add more based on one conviction on bull/bear is ok.","html":"hard to predict if a correction is underway or not. time in market often beats timing the market. But if one is already <u>quite</u> vested, waiting to add more based on one conviction on bull/bear is ok.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/135768194"}