Is it the bottom?

2022-01-25

Is it the bottom?

Wall Street Reverses, Ends Higher in Late Session Rally

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Comments

chaicka
2022-01-25
chaicka
Nope for non-value stocks. Even some looks likely to have downward pressure.
WB13
2022-01-25
WB13
temp rebound?
TemasekHodl
2022-01-25
TemasekHodl
Hopefully
SanJunn
2022-01-25
SanJunn
Maybe

Leave a comment

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The S&amp;P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.This abrupt, late-session U-turn came in the wake of S&amp;P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.&#34;Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it&#39;s a healthy part of the markets,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.&#34;When everything started selling off, that got a lot of people&#39;s attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,&#34; Dollarhide added.The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell&#39;s subsequent Q&amp;A session for clues as to the central bank&#39;s timeline for hiking key interest rates to combat inflation.&#34;I think investors are over-assuming a very hawkish stance by the Fed,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.&#34;In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&amp;P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.All 11 major sectors of the S&amp;P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&amp;P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.On aggregate, analysts now see S&amp;P 500 annual EPS growth of 23.7%, per Refinitiv.A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.Kohl&#39;s Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The S&amp;P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.This abrupt, late-session U-turn came in the wake of S&amp;P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.&#34;Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it&#39;s a healthy part of the markets,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.&#34;When everything started selling off, that got a lot of people&#39;s attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,&#34; Dollarhide added.The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell&#39;s subsequent Q&amp;A session for clues as to the central bank&#39;s timeline for hiking key interest rates to combat inflation.&#34;I think investors are over-assuming a very hawkish stance by the Fed,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.&#34;In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&amp;P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.All 11 major sectors of the S&amp;P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&amp;P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.On aggregate, analysts now see S&amp;P 500 annual EPS growth of 23.7%, per Refinitiv.A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.Kohl&#39;s Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206888965","content_text":"Kohl's surges as Sycamore, Acacia show takeover interestIBM climbs in after hours trading after posting resultsIndexes up: Dow 0.29%, S&P 0.28%, Nasdaq 0.63%NEW YORK, Jan 24 (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell.The S&P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.The S&P 500 recovered 4.3 percentage points from its session low to it closing level, the largest such swing since March 26, 2020, when Wall Street was bouncing back from the global slump caused by the coronavirus pandemic.Earlier in the day, the indexes were all more than 2% lower. The S&P appeared to be on course to confirm a correction, and the Russell 2000 looked as if it would confirm it was in a bear market.This abrupt, late-session U-turn came in the wake of S&P 500 and the Nasdaq suffering their largest weekly percentage plunge since March 2020, when shutdowns to contain the pandemic sent the economy spiraling into its steepest and most abrupt recession on record.\"Correction territory is often a psychological sweet spot for investors. They see the correction, and they see that it's a healthy part of the markets,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.\"When everything started selling off, that got a lot of people's attention, so I think we had what I would call intraday capitulation, getting some of this easy money out of the market,\" Dollarhide added.The U.S. Federal Reserve is due to convene its two-day monetary policy meeting on Tuesday, and market participants will be parsing its concluding statement and Chairman Jerome Powell's subsequent Q&A session for clues as to the central bank's timeline for hiking key interest rates to combat inflation.\"I think investors are over-assuming a very hawkish stance by the Fed,\" said Sam Stovall, chief investment strategist of CFRA Research in New York. \"Granted, inflation is high and is likely to get higher before it starts to decline. Specifically we see the headline CPI topping at 7.3% for both January and February, but then coming down to 3.5% by year-end.\"In a sign that geopolitical tensions are heating up, NATO announced it was putting forces on standby to prepare for a potential conflictbetween Russia and Ukraine.The threat of potential conflict in that region helped U.S. Treasury yields dip, pausing their recent upward climb, which has pressured stocks in recent months.The Dow Jones Industrial Average rose 99.13 points, or 0.29%, to 34,364.5, the S&P 500 gained 12.19 points, or 0.28%, to 4,410.13 and the Nasdaq Composite added 86.21 points, or 0.63%, to 13,855.13.All 11 major sectors of the S&P 500 spent most of the trading day deep in red territory, but by market close all but three were green. Consumer discretionary enjoyed the largest percentage gain.Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&P 500 having posted results. Of those, 77% have come in above expectations, according to data from Refinitiv.On aggregate, analysts now see S&P 500 annual EPS growth of 23.7%, per Refinitiv.A series of disappointing earnings from big banks and, notably, lockdown darling Netflix Inc have overshadowed many better-than-expected results.Shares of International Business Machines gained about 2% in after-hours trading after the company beat revenue expectations on the strength of its cloud and consulting businesses.Kohl's Corp surged after Reuters reported private equity firm Sycamore Partners is preparing to make a bid for the department store chain days after a consortium backed by activist investment firm Starboard Value proposed a buyout.Declining issues outnumbered advancing ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded four new highs and 1,319 new lows.Volume on U.S. exchanges was 18.42 billion shares, compared with the 10.95 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"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":14,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100302271,"commentId":"100302271","gmtCreate":1643068079611,"gmtModify":1663242718348,"authorId":4090019857770890,"author":{"id":4090019857770890,"idStr":"4090019857770890","authorId":4090019857770890,"name":"chaicka","avatar":"https://static.tigerbbs.com/c0c291a2a7983f128cf68e5b01fedd73","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.78%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9090986770,"objectIdStr":"9090986770","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Nope for non-value stocks. Even some looks likely to have downward pressure.","text":"Nope for non-value stocks. Even some looks likely to have downward pressure.","html":"Nope for non-value stocks. Even some looks likely to have downward pressure.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100302127,"commentId":"100302127","gmtCreate":1643067523815,"gmtModify":1663242719236,"authorId":3573351657200487,"author":{"id":3573351657200487,"idStr":"3573351657200487","authorId":3573351657200487,"name":"WB13","avatar":"https://static.tigerbbs.com/c32eff74d0ce173f7e10df861c0ee416","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9090986770,"objectIdStr":"9090986770","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"temp rebound?","text":"temp rebound?","html":"temp rebound?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":100302117,"commentId":"100302117","gmtCreate":1643067487655,"gmtModify":1663242719146,"authorId":3575875627318890,"author":{"id":3575875627318890,"idStr":"3575875627318890","authorId":3575875627318890,"name":"TemasekHodl","avatar":"https://static.tigerbbs.com/daf0f0cedc45f1f983d55640fafb8b6d","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.06","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9090986770,"objectIdStr":"9090986770","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hopefully ","text":"Hopefully ","html":"Hopefully ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":100302119,"commentId":"100302119","gmtCreate":1643067494080,"gmtModify":1643067494080,"authorId":3573673722181526,"author":{"id":3573673722181526,"idStr":"3573673722181526","authorId":3573673722181526,"name":"SanJunn","avatar":"https://static.tigerbbs.com/78c6809a1be9f1cc1adde008aa6dd4de","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9090986770,"objectIdStr":"9090986770","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Maybe ","text":"Maybe ","html":"Maybe ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9090986770"}