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2021-09-23

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5 Ideas of buying a good shares: A moving share : A potential share that makes money: A share that grows over time: A share that does not high debt ratio: A share which provide high returns

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href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372761441591736","isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863066561,"gmtCreate":1632342447553,"gmtModify":1676530755945,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"title":"buy shares","htmlText":"5 Ideas of buying a good shares: A moving share&nbsp;: A potential share that makes money: A share that grows over time: A share that does not high debt ratio: A share which provide high returns&nbsp;","listText":"5 Ideas of buying a good shares: A moving share&nbsp;: A potential share that makes money: A share that grows over time: A share that does not high debt ratio: A share which provide high returns&nbsp;","text":"5 Ideas of buying a good shares: A moving share : A potential share that makes money: A share that grows over time: A share that does not high debt ratio: A share which provide high 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Inc.(PLTR)$?","images":[{"img":"https://static.tigerbbs.com/7cee6e8a4be16e60f914c475c1872929","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897973159","isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":804388744,"gmtCreate":1627923554288,"gmtModify":1703498028913,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804388744","repostId":"2156161791","repostType":4,"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172171226,"gmtCreate":1626947014765,"gmtModify":1703481116376,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172171226","repostId":"1154253580","repostType":4,"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172171823,"gmtCreate":1626946989362,"gmtModify":1703481117027,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172171823","repostId":"1154253580","repostType":4,"repost":{"id":"1154253580","kind":"news","pubTimestamp":1626944899,"share":"https://ttm.financial/m/news/1154253580?lang=&edition=fundamental","pubTime":"2021-07-22 17:08","market":"us","language":"en","title":"Stock Futures Tick Up Ahead of Jobless Claims, Housing Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1154253580","media":"The Wall Street Journal","summary":"Nasdaq-100 futures point to a third day of gains for large technology stocks.\n\nU.S. stock futures ed","content":"<blockquote>\n Nasdaq-100 futures point to a third day of gains for large technology stocks.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/1d3736062533fe7c129974eec72ceb9c\" tg-width=\"893\" tg-height=\"511\" referrerpolicy=\"no-referrer\">U.S. stock futures edged higher Thursday ahead of fresh data that will offer insights into the labor market’s recovery and the pace of sales in the red-hot housing market.</p>\n<p>Futures tied to the S&amp;P 500 ticked up almost 0.2%, pointing to an extension of thebroad market index’s rally for a third day. Nasdaq-100 futures gained 0.2%, suggesting gains for large technology stocks at the opening bell.</p>\n<p>Stocks have resumed their monthslong rally, erasing most of their losses from the sharp drop on Monday when thespread of the Delta variantraised alarms about renewed lockdown measures. Investors have since come back to equities, sending the major indexes less than 1% below their all-time highs. The focus is now on the corporate earnings season, with many companies reporting results that have exceeded Wall Street’s expectations.</p>\n<p>“The earnings results have continued to be strong and guidance is showing that the delta variant isn’t impacting the recovery, so far at least,” said Esty Dwek, head of global market strategy at Natixis Investment Managers. “That is giving confidence to the market that the recovery can continue.”</p>\n<p>AT&amp;T,American Airlines,Southwest AirlinesandBlackstoneare among the companies scheduled to post results ahead of the opening bell.Intel,Twitterand Snap are set to report earnings after markets close.</p>\n<p>In bond markets, the yield on the benchmark 10-year Treasury note ticked up to 1.290% from 1.279% on Wednesday, marking a third consecutive day of gains. On Monday, it plunged to thelowest level since Februaryas safe-haven assets rallied. Yields drop when bond prices gain.</p>\n<p>“It is an easing in some of these fears, maybe it is an indication that we’re past the peak in Delta variant fears, at least for now,” Ms. Dwek said. “There is probably a bit more room [for yields] to rise, maybe not immediately, but over the coming months.”</p>\n<p>The latest data on jobless claims, viewed as a proxy for layoffs, is due at 8:30 a.m. ET. Economists expect that new applications for unemployment insurance continued to fall last week afterreaching a new pandemic lowthe previous week.</p>\n<p>Data on existing-home sales, due out at 10 a.m., may show an uptick in June after the economy continued to reopen, mortgage rates remained low and sellers listed more homes for sale. Sales of previously owned homes decreased for a fourth straight month in May as inventories remained tight and prices hit a new high.</p>\n<p>Bitcoin rose 1% from its 5 p.m. ET level, trading around $32,200 and extending gains into a second day. The cryptocurrency rallied Wednesday after Tesla Chief ExecutiveElon Musksaid bothhe and his rocket company SpaceX hold bitcoin.</p>\n<p>Overseas, the pan-continental Stoxx Europe 600 added 0.7%.</p>\n<p>The European Central Bank will release its latest monetary policy statement at 7:45 a.m. ET. Investors are looking for more insights about the bank’s strategy in terms of bond purchases in coming months, and how it may signal its forward guidance.</p>\n<p>“With virus cases rising again and some parts of the European economy uniquely vulnerable to rising infection rates, it seems highly unlikely that the ECB will ever be in a position to withdraw support at a time when economic activity remains far from returning to normal,” said Michael Hewson, a chief markets analyst at CMC Markets.</p>\n<p>Among European equities, Swedish private-equity firm EQT jumped nearly 12% after reporting earnings growth that exceeded analysts’ estimates.Unilevertumbled over 4% after posting a decrease in pretax profit for the first half of the year.</p>\n<p>In Asia, most major benchmarks rose by the close of trading. The Shanghai Composite Index edged up 0.3%, and Hong Kong’s Hang Seng Index rose 1.8%. Japanese markets were closed for a holiday.</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>Stock Futures Tick Up Ahead of Jobless Claims, Housing Data</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\">\nStock Futures Tick Up Ahead of Jobless Claims, Housing Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 17:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-07-22-2021-11626939367><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nasdaq-100 futures point to a third day of gains for large technology stocks.\n\nU.S. stock futures edged higher Thursday ahead of fresh data that will offer insights into the labor market’s recovery ...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-07-22-2021-11626939367\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-07-22-2021-11626939367","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154253580","content_text":"Nasdaq-100 futures point to a third day of gains for large technology stocks.\n\nU.S. stock futures edged higher Thursday ahead of fresh data that will offer insights into the labor market’s recovery and the pace of sales in the red-hot housing market.\nFutures tied to the S&P 500 ticked up almost 0.2%, pointing to an extension of thebroad market index’s rally for a third day. Nasdaq-100 futures gained 0.2%, suggesting gains for large technology stocks at the opening bell.\nStocks have resumed their monthslong rally, erasing most of their losses from the sharp drop on Monday when thespread of the Delta variantraised alarms about renewed lockdown measures. Investors have since come back to equities, sending the major indexes less than 1% below their all-time highs. The focus is now on the corporate earnings season, with many companies reporting results that have exceeded Wall Street’s expectations.\n“The earnings results have continued to be strong and guidance is showing that the delta variant isn’t impacting the recovery, so far at least,” said Esty Dwek, head of global market strategy at Natixis Investment Managers. “That is giving confidence to the market that the recovery can continue.”\nAT&T,American Airlines,Southwest AirlinesandBlackstoneare among the companies scheduled to post results ahead of the opening bell.Intel,Twitterand Snap are set to report earnings after markets close.\nIn bond markets, the yield on the benchmark 10-year Treasury note ticked up to 1.290% from 1.279% on Wednesday, marking a third consecutive day of gains. On Monday, it plunged to thelowest level since Februaryas safe-haven assets rallied. Yields drop when bond prices gain.\n“It is an easing in some of these fears, maybe it is an indication that we’re past the peak in Delta variant fears, at least for now,” Ms. Dwek said. “There is probably a bit more room [for yields] to rise, maybe not immediately, but over the coming months.”\nThe latest data on jobless claims, viewed as a proxy for layoffs, is due at 8:30 a.m. ET. Economists expect that new applications for unemployment insurance continued to fall last week afterreaching a new pandemic lowthe previous week.\nData on existing-home sales, due out at 10 a.m., may show an uptick in June after the economy continued to reopen, mortgage rates remained low and sellers listed more homes for sale. Sales of previously owned homes decreased for a fourth straight month in May as inventories remained tight and prices hit a new high.\nBitcoin rose 1% from its 5 p.m. ET level, trading around $32,200 and extending gains into a second day. The cryptocurrency rallied Wednesday after Tesla Chief ExecutiveElon Musksaid bothhe and his rocket company SpaceX hold bitcoin.\nOverseas, the pan-continental Stoxx Europe 600 added 0.7%.\nThe European Central Bank will release its latest monetary policy statement at 7:45 a.m. ET. Investors are looking for more insights about the bank’s strategy in terms of bond purchases in coming months, and how it may signal its forward guidance.\n“With virus cases rising again and some parts of the European economy uniquely vulnerable to rising infection rates, it seems highly unlikely that the ECB will ever be in a position to withdraw support at a time when economic activity remains far from returning to normal,” said Michael Hewson, a chief markets analyst at CMC Markets.\nAmong European equities, Swedish private-equity firm EQT jumped nearly 12% after reporting earnings growth that exceeded analysts’ estimates.Unilevertumbled over 4% after posting a decrease in pretax profit for the first half of the year.\nIn Asia, most major benchmarks rose by the close of trading. The Shanghai Composite Index edged up 0.3%, and Hong Kong’s Hang Seng Index rose 1.8%. Japanese markets were closed for a holiday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176616758,"gmtCreate":1626879636574,"gmtModify":1703479890939,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176616758","repostId":"1148130964","repostType":4,"repost":{"id":"1148130964","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626878426,"share":"https://ttm.financial/m/news/1148130964?lang=&edition=fundamental","pubTime":"2021-07-21 22:40","market":"us","language":"en","title":"Wednesday's Market Minute: The Stock Market Has Deeper Issues Than Delta","url":"https://stock-news.laohu8.com/highlight/detail?id=1148130964","media":"Benzinga","summary":"News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile","content":"<p>News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile, the broad stock market took a unilateral hit from last Thursday through Monday, with the S&amp;P 500 dropping around 3.5% peak to trough. Naturally, many are quick to blame the virus.</p>\n<p>The more likely truth is that the fast-spreading COVID variant has been playing a role in the market for much of the past month. First, let’s remind ourselves that COVID has proven to be a net positive to the stock market. The S&amp;P just had a great month, and it was led by some of the big tech and growth companies that were the hallmark of last year’s rally. The work-from-home ETF WFH surpassed the travel fund AWAY in year-to-date performance last month as reopening trades were obliterated. If it looks like a COVID rally and walks like a COVID rally…</p>\n<p>Of course, it’s never just one thing. At the same time as all that, Treasury yields dove, and the dollar took flight. One could argue those moves fit within a COVID paradigm, but the catalyst for these major regime changes are easily observable on the chart: June 15, the June FOMC, in which the Fed embraced a more hawkish tone than the market had gotten used to. Investors must not lose sight of this.</p>\n<p>The index-level breakout thanks to big tech is an important development, but we also know that the Nasdaq has been trading in lockstep with bonds for much of this year. That means bonds alone may be as good an explanation for the equity market strength of the past two months as anything. Moreover, Treasuries were proven to be the higher conviction trade, as bond prices continued to march upward the past week even as the Nasdaq and S&amp;P ran out of gas.</p>\n<p>There’s been a lot of debate about what exactly the move in bonds means, but let’s make the assumption (not a bold one, in my opinion), that the yield curve flattening represents some combination of tighter Fed policy – due to inflation – and lower growth than was priced in pre-FOMC. Tighter policy and warmer inflation are forces that remove liquidity from the economy and the market. This is the most important issue because there are signs the market is already having trouble sustaining itself at record valuations.</p>\n<p>Breadth in the stock market has been deteriorating since February, with the number of companies making one-year highs steadily declining. Since then, the correlation between a stock’s earnings multiple and its performance is clear: the more expensive it is, the worse it’s done. The least-expensive quintile of companies in the Russell 3000 are up a median 20% since the February high in the Nasdaq, compared with a decline of 9.2% for the most-expensive stocks. In another realm, the highly speculative crypto market is in tatters.</p>\n<p>These things point to an unwind in speculative froth across asset classes since February. It’s probably not a coincidence that the annual change in M2 money supply also peaked in February. Stocks do not by definition have to be tied to that, but it’s reasonable to expect their relationship to be closer after a period of record trading and speculative activity due in no small part to an influx of cash into bank accounts. This will only get worse if the Fed tilts more hawkish.</p>\n<p>Bottom line: investors should be wary of over-committing to COVID investment themes that have already been priced into the market. More likely is a snap-back in the reflation trade or a broader liquidity-driven rollover in the market as a whole.</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>Wednesday's Market Minute: The Stock Market Has Deeper Issues Than Delta</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\">\nWednesday's Market Minute: The Stock Market Has Deeper Issues Than Delta\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 22:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile, the broad stock market took a unilateral hit from last Thursday through Monday, with the S&amp;P 500 dropping around 3.5% peak to trough. Naturally, many are quick to blame the virus.</p>\n<p>The more likely truth is that the fast-spreading COVID variant has been playing a role in the market for much of the past month. First, let’s remind ourselves that COVID has proven to be a net positive to the stock market. The S&amp;P just had a great month, and it was led by some of the big tech and growth companies that were the hallmark of last year’s rally. The work-from-home ETF WFH surpassed the travel fund AWAY in year-to-date performance last month as reopening trades were obliterated. If it looks like a COVID rally and walks like a COVID rally…</p>\n<p>Of course, it’s never just one thing. At the same time as all that, Treasury yields dove, and the dollar took flight. One could argue those moves fit within a COVID paradigm, but the catalyst for these major regime changes are easily observable on the chart: June 15, the June FOMC, in which the Fed embraced a more hawkish tone than the market had gotten used to. Investors must not lose sight of this.</p>\n<p>The index-level breakout thanks to big tech is an important development, but we also know that the Nasdaq has been trading in lockstep with bonds for much of this year. That means bonds alone may be as good an explanation for the equity market strength of the past two months as anything. Moreover, Treasuries were proven to be the higher conviction trade, as bond prices continued to march upward the past week even as the Nasdaq and S&amp;P ran out of gas.</p>\n<p>There’s been a lot of debate about what exactly the move in bonds means, but let’s make the assumption (not a bold one, in my opinion), that the yield curve flattening represents some combination of tighter Fed policy – due to inflation – and lower growth than was priced in pre-FOMC. Tighter policy and warmer inflation are forces that remove liquidity from the economy and the market. This is the most important issue because there are signs the market is already having trouble sustaining itself at record valuations.</p>\n<p>Breadth in the stock market has been deteriorating since February, with the number of companies making one-year highs steadily declining. Since then, the correlation between a stock’s earnings multiple and its performance is clear: the more expensive it is, the worse it’s done. The least-expensive quintile of companies in the Russell 3000 are up a median 20% since the February high in the Nasdaq, compared with a decline of 9.2% for the most-expensive stocks. In another realm, the highly speculative crypto market is in tatters.</p>\n<p>These things point to an unwind in speculative froth across asset classes since February. It’s probably not a coincidence that the annual change in M2 money supply also peaked in February. Stocks do not by definition have to be tied to that, but it’s reasonable to expect their relationship to be closer after a period of record trading and speculative activity due in no small part to an influx of cash into bank accounts. This will only get worse if the Fed tilts more hawkish.</p>\n<p>Bottom line: investors should be wary of over-committing to COVID investment themes that have already been priced into the market. More likely is a snap-back in the reflation trade or a broader liquidity-driven rollover in the market as a whole.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148130964","content_text":"News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile, the broad stock market took a unilateral hit from last Thursday through Monday, with the S&P 500 dropping around 3.5% peak to trough. Naturally, many are quick to blame the virus.\nThe more likely truth is that the fast-spreading COVID variant has been playing a role in the market for much of the past month. First, let’s remind ourselves that COVID has proven to be a net positive to the stock market. The S&P just had a great month, and it was led by some of the big tech and growth companies that were the hallmark of last year’s rally. The work-from-home ETF WFH surpassed the travel fund AWAY in year-to-date performance last month as reopening trades were obliterated. If it looks like a COVID rally and walks like a COVID rally…\nOf course, it’s never just one thing. At the same time as all that, Treasury yields dove, and the dollar took flight. One could argue those moves fit within a COVID paradigm, but the catalyst for these major regime changes are easily observable on the chart: June 15, the June FOMC, in which the Fed embraced a more hawkish tone than the market had gotten used to. Investors must not lose sight of this.\nThe index-level breakout thanks to big tech is an important development, but we also know that the Nasdaq has been trading in lockstep with bonds for much of this year. That means bonds alone may be as good an explanation for the equity market strength of the past two months as anything. Moreover, Treasuries were proven to be the higher conviction trade, as bond prices continued to march upward the past week even as the Nasdaq and S&P ran out of gas.\nThere’s been a lot of debate about what exactly the move in bonds means, but let’s make the assumption (not a bold one, in my opinion), that the yield curve flattening represents some combination of tighter Fed policy – due to inflation – and lower growth than was priced in pre-FOMC. Tighter policy and warmer inflation are forces that remove liquidity from the economy and the market. This is the most important issue because there are signs the market is already having trouble sustaining itself at record valuations.\nBreadth in the stock market has been deteriorating since February, with the number of companies making one-year highs steadily declining. Since then, the correlation between a stock’s earnings multiple and its performance is clear: the more expensive it is, the worse it’s done. The least-expensive quintile of companies in the Russell 3000 are up a median 20% since the February high in the Nasdaq, compared with a decline of 9.2% for the most-expensive stocks. In another realm, the highly speculative crypto market is in tatters.\nThese things point to an unwind in speculative froth across asset classes since February. It’s probably not a coincidence that the annual change in M2 money supply also peaked in February. Stocks do not by definition have to be tied to that, but it’s reasonable to expect their relationship to be closer after a period of record trading and speculative activity due in no small part to an influx of cash into bank accounts. This will only get worse if the Fed tilts more hawkish.\nBottom line: investors should be wary of over-committing to COVID investment themes that have already been priced into the market. More likely is a snap-back in the reflation trade or a broader liquidity-driven rollover in the market as a whole.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144697488,"gmtCreate":1626278239344,"gmtModify":1703757083415,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144697488","repostId":"1181513394","repostType":4,"repost":{"id":"1181513394","kind":"news","pubTimestamp":1626276027,"share":"https://ttm.financial/m/news/1181513394?lang=&edition=fundamental","pubTime":"2021-07-14 23:20","market":"fut","language":"en","title":"OPEC reportedly reaches compromise on oil production after dispute with UAE","url":"https://stock-news.laohu8.com/highlight/detail?id=1181513394","media":"CNBC","summary":"DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived","content":"<div>\n<p>DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>OPEC reportedly reaches compromise on oil production after dispute with UAE</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\">\nOPEC reportedly reaches compromise on oil production after dispute with UAE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"source_url":"https://www.cnbc.com/2021/07/14/opec-reportedly-reaches-compromise-on-oil-production-after-dispute-with-uae.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181513394","content_text":"DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels, according to reports by theWall Street JournalandReuters.\nThe temporary but unprecedented gridlock that began in early July saw the United Arab Emirates reject a coordinated oil production plan for the group spearheaded by its kingpin, Saudi Arabia.\nAbu Dhabi had demanded that its own \"baseline\" for crude production — the maximum volume it's recognized by OPEC as being able to produce — be raised because this figure then determines the size of production cuts and quotas it must follow as per the group's output agreements. Members cut the same percentage from their baseline, so having a higher baseline would allow the UAE a greater production quota.\nThe UAE initially called for its baseline to be raised from 3.2 million barrels a day to 3.8 million barrels a day. According to sources cited by the Wall Street Journal, the compromise reached between Saudi Arabia and its smaller neighbor will raise the UAE's baseline to 3.65 million barrels per day from April 2022. The reports have not been officially confirmed, and OPEC and the Saudi energy ministry did not reply to CNBC requests for comment.\nThe initial agreement supported by most OPEC delegates set out a plan for the group to collectively bring production up to 400,000 barrels of crude per day monthly through to the end of 2022. This would end the remaining limits that were set in the spring of 2020, as economic recovery and growing demand for oil have broughtcrude prices up to their highest level since late 2018.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144697666,"gmtCreate":1626278225355,"gmtModify":1703757082603,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144697666","repostId":"1181513394","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144695750,"gmtCreate":1626278177270,"gmtModify":1703757080483,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Sad, cutting lose","listText":"Sad, cutting lose","text":"Sad, cutting lose","images":[{"img":"https://static.tigerbbs.com/52cef2286405bbf6472d7e60af338d10","width":"1080","height":"2393"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144695750","isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":142531112,"gmtCreate":1626159726136,"gmtModify":1703754527783,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>SAD&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>SAD&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$SAD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142531112","isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142539284,"gmtCreate":1626159619448,"gmtModify":1703754525999,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[{"img":"https://static.tigerbbs.com/3f6ff3283d1cd65b1a2e70febf66bc8a","width":"1080","height":"2492"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142539284","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":142594900,"gmtCreate":1626159362500,"gmtModify":1703754521124,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142594900","repostId":"1101566017","repostType":4,"repost":{"id":"1101566017","kind":"news","pubTimestamp":1626132937,"share":"https://ttm.financial/m/news/1101566017?lang=&edition=fundamental","pubTime":"2021-07-13 07:35","market":"us","language":"en","title":"How earnings season is likely to play out in the coming weeks and its impact on the stock market","url":"https://stock-news.laohu8.com/highlight/detail?id=1101566017","media":"cnbc","summary":"The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.Earnings growth in the second quarter is expected to be a stunning 66%, as companies compare their results to the depressed period last year when the pandemic abruptly shut down the economy, according to Refinitiv data.“If you listen to what the CFOs are going to say, you’re going to think the earnings are terrible, but if","content":"<div>\n<p>The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>How earnings season is likely to play out in the coming weeks and its impact on the stock market</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\">\nHow earnings season is likely to play out in the coming weeks and its impact on the stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html\">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","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/12/how-earnings-season-is-likely-to-play-out-in-the-coming-weeks-and-its-impact-on-the-stock-market.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1101566017","content_text":"The great cyclical rebound is about to get underway with outsized gains expected in the quarterly profits of industrial, consumer discretionary, energy and materials companies.\nEarnings growth in the second quarter is expected to be a stunning 66%, as companies compare their results to the depressed period last year when the pandemic abruptly shut down the economy, according to Refinitiv data.\nNormally a profit leader, the technology sector this quarter, is expected to see just 32% profit growth, according to Refiniv. That compares to shockingly large estimated increases in industrial sector profits of more than 570%, and energy industry profits, up 220%. Earnings for the financial and materials sectors are expected to be up more than 100% each.\nThose huge gains and expected earnings beats should be a positive for some cyclical stocks this quarter. Earnings season kicks off Tuesday with reports fromJPMorgan Chase,Goldman Sachs,andPepsiCo.\nThis earnings season will be the period where the tug of war that’s been a factor in the stock market, between cyclical and growth trades, is due to play out very clearly in the earnings numbers. Inflationary pressures, negative for tech stock performance, are expected to help boost cyclical earnings growth in the rebound, as companies face rising input costs but also up their prices.\n“I think what you’re going to see is a very unusual kind of contradiction between the data and the narrative,” said Jonathan Golub, chief U.S. equity strategist at Credit Suisse. “What companies are going to say is they are facing shortages and rising input costs and other things which are constraints to their success. And then what you’re going to see is massive beats and the biggest portions coming from higher margins. They’re not going to try to reconcile it.”\nGolub expects companies to provide detail on rising costs and supply shortages but not as much information on how much they are raising prices or how broadly.\n“If you listen to what the CFOs are going to say, you’re going to think the earnings are terrible, but if you look at the results, they’re going to be magnificent,” he said.\nBut ultimately, it’s tech and growth that will prove to be the best performers profit-wise over the long haul. “Their own earnings revisions for themselves are still good. They’re not deteriorating. They’re solid. They’re not getting worse. They’re not accelerating in this ridiculous way. They’re on the same solid trajectory they’ve been on,” said Brian Rauscher, Fundstrat head of global portfolio strategy.\nRauscher expects the trend to revert back to tech as the better earnings performer in two quarters from now, when cyclical airline stocks or industrial stocks like Caterpillar will see earnings growth back in the single digits. “Tech will keep growing at 25%,” he said.\nHe says economic growth will have slowed to a more normalized and sustained pace. By then it will be more apparent whether inflation is temporary or not.\n“If they are unable to pass along price increases, it will hit the earnings,” he said.\nGolub points out that tech profits in last year’s second quarter actually increased by 3.3% from 2019, as cyclical earnings plunged 85% in the same period. The 2021 second quarter earnings growth estimate for tech is 34.2%, while some cyclical earnings will rebound by more than 570% just to get back to even with 2019.\n“It says one of these is a near term trade, and one of them is a long term trade,” said Golub. “Once the supply chain issues are gone, [cyclicals] are going to be unimpressive.”\nEven with the push pull of tech and growth versus cyclical trades, strategists say the earning season should be good for the stock market.\n“I think the numbers will be very good, and it’ll be supportive for markets,” said Rauscher. He said some investors may be concerned that a peak period of earnings this quarter will lead to a market decline but he doesn’t expect that to be the case.\n“Obviously, the numbers are going to be outsized because we have that weird comparison from last year. I think the important thing is going to be the return of guidance,” Rauscher said. Both he and Golub say they expect earnings to beat to the upside.\n“I think the analysts have underestimated the improvement in operating leverage,” Rauscher said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142029799,"gmtCreate":1626105150211,"gmtModify":1703753584102,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142029799","repostId":"2150531471","repostType":4,"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142029878,"gmtCreate":1626105102694,"gmtModify":1703753582479,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/142029878","repostId":"1175879126","repostType":4,"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141468588,"gmtCreate":1625886170744,"gmtModify":1703750458036,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"FLYING SOON","listText":"FLYING SOON","text":"FLYING SOON","images":[{"img":"https://static.tigerbbs.com/ce276d4dcbf7b78e3e765d6c2c52fc85","width":"1080","height":"2591"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141468588","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":142029878,"gmtCreate":1626105102694,"gmtModify":1703753582479,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/142029878","repostId":"1175879126","repostType":4,"repost":{"id":"1175879126","kind":"news","pubTimestamp":1626103561,"share":"https://ttm.financial/m/news/1175879126?lang=&edition=fundamental","pubTime":"2021-07-12 23:26","market":"us","language":"en","title":"Suning’s Billionaire Chairman Quits After China-Led Bailout","url":"https://stock-news.laohu8.com/highlight/detail?id=1175879126","media":"Bloomberg","summary":"Zhang Jindong has stepped down as the chairman of Chinese retail giant Suning.Com Co. after losing c","content":"<p>Zhang Jindong&nbsp;has stepped down as the chairman of Chinese retail giant Suning.Com Co. after losing control of his firm following a government-led bailout.</p>\n<p>The company announced his resignation in a filing with the Shenzhen stock exchange on Monday, adding that Zhang will be appointed honorary chairman to guide the firm’s future growth. Zhang, 58, lost control of Suning when the business sold a 16.96% stake to a state-backedconsortiumfor a $1.36 billion bailout last week.</p>\n<p>The group of investors, led by the Nanjing state asset-management committee and the Jiangsu provincial government, also includes Alibaba Group Holding Ltd. and Chinese appliance makers Midea Group Co. and Haier Group Co., smartphone maker Xiaomi Corp., and TCL Technology Group Corp.</p>\n<p>The bailout, and now Zhang’s resignation, are the end of his reign during which he led the company into an array of businesses, including ownership of the Inter Milan soccer team.</p>\n<p>Suning.com had a market value of about 52 billion yuan ($8 billion) before the trading halt. The retail business was weakened by a slowdown in spending during the pandemic. Concerns about its cash flow intensified in September, when Zhang waived his right to a 20 billion yuan payment from property developer China Evergrande Group.</p>\n<p>The stock tumbled last month after a Beijing courtfroze3 billion yuan worth of shares held by Zhang -- representing 5.8% of Suning.com -- and creditors agreed to extend a bond for Suning Appliance Group Co., which is owned by Zhang and fellow co-founder Bu Yang.</p>","source":"lsy1584095487587","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>Suning’s Billionaire Chairman Quits After China-Led Bailout</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\">\nSuning’s Billionaire Chairman Quits After China-Led Bailout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-12/suning-s-billionaire-chairman-quits-after-china-led-bailout><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zhang Jindong has stepped down as the chairman of Chinese retail giant Suning.Com Co. after losing control of his firm following a government-led bailout.\nThe company announced his resignation in a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-12/suning-s-billionaire-chairman-quits-after-china-led-bailout\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"002024":"ST易购"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-12/suning-s-billionaire-chairman-quits-after-china-led-bailout","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175879126","content_text":"Zhang Jindong has stepped down as the chairman of Chinese retail giant Suning.Com Co. after losing control of his firm following a government-led bailout.\nThe company announced his resignation in a filing with the Shenzhen stock exchange on Monday, adding that Zhang will be appointed honorary chairman to guide the firm’s future growth. Zhang, 58, lost control of Suning when the business sold a 16.96% stake to a state-backedconsortiumfor a $1.36 billion bailout last week.\nThe group of investors, led by the Nanjing state asset-management committee and the Jiangsu provincial government, also includes Alibaba Group Holding Ltd. and Chinese appliance makers Midea Group Co. and Haier Group Co., smartphone maker Xiaomi Corp., and TCL Technology Group Corp.\nThe bailout, and now Zhang’s resignation, are the end of his reign during which he led the company into an array of businesses, including ownership of the Inter Milan soccer team.\nSuning.com had a market value of about 52 billion yuan ($8 billion) before the trading halt. The retail business was weakened by a slowdown in spending during the pandemic. Concerns about its cash flow intensified in September, when Zhang waived his right to a 20 billion yuan payment from property developer China Evergrande Group.\nThe stock tumbled last month after a Beijing courtfroze3 billion yuan worth of shares held by Zhang -- representing 5.8% of Suning.com -- and creditors agreed to extend a bond for Suning Appliance Group Co., which is owned by Zhang and fellow co-founder Bu Yang.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172171823,"gmtCreate":1626946989362,"gmtModify":1703481117027,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172171823","repostId":"1154253580","repostType":4,"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172171226,"gmtCreate":1626947014765,"gmtModify":1703481116376,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172171226","repostId":"1154253580","repostType":4,"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176616758,"gmtCreate":1626879636574,"gmtModify":1703479890939,"author":{"id":"3549015524148919","authorId":"3549015524148919","name":"Tigef","avatar":"https://static.tigerbbs.com/5fafcfa3a19e5be28aef1b95ec9278ff","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3549015524148919","authorIdStr":"3549015524148919"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176616758","repostId":"1148130964","repostType":4,"repost":{"id":"1148130964","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626878426,"share":"https://ttm.financial/m/news/1148130964?lang=&edition=fundamental","pubTime":"2021-07-21 22:40","market":"us","language":"en","title":"Wednesday's Market Minute: The Stock Market Has Deeper Issues Than Delta","url":"https://stock-news.laohu8.com/highlight/detail?id=1148130964","media":"Benzinga","summary":"News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile","content":"<p>News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile, the broad stock market took a unilateral hit from last Thursday through Monday, with the S&amp;P 500 dropping around 3.5% peak to trough. Naturally, many are quick to blame the virus.</p>\n<p>The more likely truth is that the fast-spreading COVID variant has been playing a role in the market for much of the past month. First, let’s remind ourselves that COVID has proven to be a net positive to the stock market. The S&amp;P just had a great month, and it was led by some of the big tech and growth companies that were the hallmark of last year’s rally. The work-from-home ETF WFH surpassed the travel fund AWAY in year-to-date performance last month as reopening trades were obliterated. If it looks like a COVID rally and walks like a COVID rally…</p>\n<p>Of course, it’s never just one thing. At the same time as all that, Treasury yields dove, and the dollar took flight. One could argue those moves fit within a COVID paradigm, but the catalyst for these major regime changes are easily observable on the chart: June 15, the June FOMC, in which the Fed embraced a more hawkish tone than the market had gotten used to. Investors must not lose sight of this.</p>\n<p>The index-level breakout thanks to big tech is an important development, but we also know that the Nasdaq has been trading in lockstep with bonds for much of this year. That means bonds alone may be as good an explanation for the equity market strength of the past two months as anything. Moreover, Treasuries were proven to be the higher conviction trade, as bond prices continued to march upward the past week even as the Nasdaq and S&amp;P ran out of gas.</p>\n<p>There’s been a lot of debate about what exactly the move in bonds means, but let’s make the assumption (not a bold one, in my opinion), that the yield curve flattening represents some combination of tighter Fed policy – due to inflation – and lower growth than was priced in pre-FOMC. Tighter policy and warmer inflation are forces that remove liquidity from the economy and the market. This is the most important issue because there are signs the market is already having trouble sustaining itself at record valuations.</p>\n<p>Breadth in the stock market has been deteriorating since February, with the number of companies making one-year highs steadily declining. Since then, the correlation between a stock’s earnings multiple and its performance is clear: the more expensive it is, the worse it’s done. The least-expensive quintile of companies in the Russell 3000 are up a median 20% since the February high in the Nasdaq, compared with a decline of 9.2% for the most-expensive stocks. In another realm, the highly speculative crypto market is in tatters.</p>\n<p>These things point to an unwind in speculative froth across asset classes since February. It’s probably not a coincidence that the annual change in M2 money supply also peaked in February. Stocks do not by definition have to be tied to that, but it’s reasonable to expect their relationship to be closer after a period of record trading and speculative activity due in no small part to an influx of cash into bank accounts. This will only get worse if the Fed tilts more hawkish.</p>\n<p>Bottom line: investors should be wary of over-committing to COVID investment themes that have already been priced into the market. More likely is a snap-back in the reflation trade or a broader liquidity-driven rollover in the market as a whole.</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>Wednesday's Market Minute: The Stock Market Has Deeper Issues Than Delta</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\">\nWednesday's Market Minute: The Stock Market Has Deeper Issues Than Delta\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 22:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile, the broad stock market took a unilateral hit from last Thursday through Monday, with the S&amp;P 500 dropping around 3.5% peak to trough. Naturally, many are quick to blame the virus.</p>\n<p>The more likely truth is that the fast-spreading COVID variant has been playing a role in the market for much of the past month. First, let’s remind ourselves that COVID has proven to be a net positive to the stock market. The S&amp;P just had a great month, and it was led by some of the big tech and growth companies that were the hallmark of last year’s rally. The work-from-home ETF WFH surpassed the travel fund AWAY in year-to-date performance last month as reopening trades were obliterated. If it looks like a COVID rally and walks like a COVID rally…</p>\n<p>Of course, it’s never just one thing. At the same time as all that, Treasury yields dove, and the dollar took flight. One could argue those moves fit within a COVID paradigm, but the catalyst for these major regime changes are easily observable on the chart: June 15, the June FOMC, in which the Fed embraced a more hawkish tone than the market had gotten used to. Investors must not lose sight of this.</p>\n<p>The index-level breakout thanks to big tech is an important development, but we also know that the Nasdaq has been trading in lockstep with bonds for much of this year. That means bonds alone may be as good an explanation for the equity market strength of the past two months as anything. Moreover, Treasuries were proven to be the higher conviction trade, as bond prices continued to march upward the past week even as the Nasdaq and S&amp;P ran out of gas.</p>\n<p>There’s been a lot of debate about what exactly the move in bonds means, but let’s make the assumption (not a bold one, in my opinion), that the yield curve flattening represents some combination of tighter Fed policy – due to inflation – and lower growth than was priced in pre-FOMC. Tighter policy and warmer inflation are forces that remove liquidity from the economy and the market. This is the most important issue because there are signs the market is already having trouble sustaining itself at record valuations.</p>\n<p>Breadth in the stock market has been deteriorating since February, with the number of companies making one-year highs steadily declining. Since then, the correlation between a stock’s earnings multiple and its performance is clear: the more expensive it is, the worse it’s done. The least-expensive quintile of companies in the Russell 3000 are up a median 20% since the February high in the Nasdaq, compared with a decline of 9.2% for the most-expensive stocks. In another realm, the highly speculative crypto market is in tatters.</p>\n<p>These things point to an unwind in speculative froth across asset classes since February. It’s probably not a coincidence that the annual change in M2 money supply also peaked in February. Stocks do not by definition have to be tied to that, but it’s reasonable to expect their relationship to be closer after a period of record trading and speculative activity due in no small part to an influx of cash into bank accounts. This will only get worse if the Fed tilts more hawkish.</p>\n<p>Bottom line: investors should be wary of over-committing to COVID investment themes that have already been priced into the market. More likely is a snap-back in the reflation trade or a broader liquidity-driven rollover in the market as a whole.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148130964","content_text":"News flow has refocused on the virus lately as the Delta variant spreads around the world. Meanwhile, the broad stock market took a unilateral hit from last Thursday through Monday, with the S&P 500 dropping around 3.5% peak to trough. Naturally, many are quick to blame the virus.\nThe more likely truth is that the fast-spreading COVID variant has been playing a role in the market for much of the past month. First, let’s remind ourselves that COVID has proven to be a net positive to the stock market. The S&P just had a great month, and it was led by some of the big tech and growth companies that were the hallmark of last year’s rally. The work-from-home ETF WFH surpassed the travel fund AWAY in year-to-date performance last month as reopening trades were obliterated. If it looks like a COVID rally and walks like a COVID rally…\nOf course, it’s never just one thing. At the same time as all that, Treasury yields dove, and the dollar took flight. One could argue those moves fit within a COVID paradigm, but the catalyst for these major regime changes are easily observable on the chart: June 15, the June FOMC, in which the Fed embraced a more hawkish tone than the market had gotten used to. Investors must not lose sight of this.\nThe index-level breakout thanks to big tech is an important development, but we also know that the Nasdaq has been trading in lockstep with bonds for much of this year. That means bonds alone may be as good an explanation for the equity market strength of the past two months as anything. Moreover, Treasuries were proven to be the higher conviction trade, as bond prices continued to march upward the past week even as the Nasdaq and S&P ran out of gas.\nThere’s been a lot of debate about what exactly the move in bonds means, but let’s make the assumption (not a bold one, in my opinion), that the yield curve flattening represents some combination of tighter Fed policy – due to inflation – and lower growth than was priced in pre-FOMC. Tighter policy and warmer inflation are forces that remove liquidity from the economy and the market. This is the most important issue because there are signs the market is already having trouble sustaining itself at record valuations.\nBreadth in the stock market has been deteriorating since February, with the number of companies making one-year highs steadily declining. Since then, the correlation between a stock’s earnings multiple and its performance is clear: the more expensive it is, the worse it’s done. The least-expensive quintile of companies in the Russell 3000 are up a median 20% since the February high in the Nasdaq, compared with a decline of 9.2% for the most-expensive stocks. In another realm, the highly speculative crypto market is in tatters.\nThese things point to an unwind in speculative froth across asset classes since February. It’s probably not a coincidence that the annual change in M2 money supply also peaked in February. Stocks do not by definition have to be tied to that, but it’s reasonable to expect their relationship to be closer after a period of record trading and speculative activity due in no small part to an influx of cash into bank accounts. This will only get worse if the Fed tilts more hawkish.\nBottom line: investors should be wary of over-committing to COVID investment themes that have already been priced into the market. More likely is a snap-back in the reflation trade or a broader liquidity-driven rollover in the market as a 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