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07-31

Great article, would you like to share it?

@Elliottwave_Forecast:COST (Costco Wholesale) Should Pull Back Before Rally Resume

07-31

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@TrendSpider:TLRY, BTC, RBLX, IWM Enjoys Great Potential

07-31

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@Barcode:$Coinbase Global, Inc.(COIN)$ 🎲🔪📉🚨💥 Coin Toss: Will Coinbase Bounce Back? 📊‼️📉🚀✨ Kia ora Tiger traders! 🚀 Ready for a wild ride? Let’s dive into Coinbase Global, Inc. (COIN) and see what the crystal ball of data is revealing! 🔍 Current Price: $234.20 (down 3.59%) 📉 🧮 Pre-Market Price: $234.60 📈 💸 Volume: 9.47M 📅 Earnings Date: 01 Aug 2024 (Post Market) 📊 Technical Analysis: • 🔑 Neckline: $235.80 • Support Level: $230 (Let’s hope it holds! 🤞) • Resistance Level: $241 (Can COIN break through? 🧗‍♂️) 🕵️‍♂️ Analyst Ratings: • Buy: 12 🟢 • Hold: 8 🟡 • Sell: 5 🔴 📈 Capital Flow: Coinbase has seen significant capital flow, indicating strong interest from institutional investors. The recent pullback might be an opportunity or a signal of caution—

2022-04-04

$AMC Entertainment(AMC)$sheeeesh

2022-04-04

$Tesla Motors(TSLA)$shldve bought

2021-08-23

Its coool

2021-08-21

Sharing for tiger

2021-08-20

Suchasad day

S&P 500 ends with slim gain as tech strength offsets cyclical woes

2021-08-20

$Zomedica Pharmaceuticals Corp.(ZOM)$ailyoomaiyo

2021-08-20

Letago only

2021-08-19

Top share

2021-08-19

$ContextLogic Inc.(WISH)$share it

2021-08-18

$AMC Entertainment(AMC)$sharimg is fapimg

2021-08-16

$SOS Limited(SOS)$leta go onlu

2021-08-14

To share

2021-08-13

$AMC Entertainment(AMC)$to share positiion

2021-08-13

Sharez

2021-08-12

Lailailai

2021-08-12

Letsgo druop

2021-08-11

Sharezing

Go to Tiger App to see more news

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Spain, France, Iceland, China &amp; Taiwan together with its subsidiaries. It offers branded &amp; private-label products in the range of merchandise categories. It also operates e-commerce websites in the US, Canada, UK &amp; many other countries. It is based in Issaquah, Washington, comes under Consumer Defensive sector &amp; trades as “COST” ticker at Nasdaq. As discussed in last article, COST finished ((3)) sequence started from $697.27 low, which ended at $896.67 high. Currently, it favors corrective pullback towards $782.04 – $737.32 area, where it should find support to turn higher. COST – Elliott Wave View","listText":"Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China &amp; Taiwan together with its subsidiaries. It offers branded &amp; private-label products in the range of merchandise categories. It also operates e-commerce websites in the US, Canada, UK &amp; many other countries. It is based in Issaquah, Washington, comes under Consumer Defensive sector &amp; trades as “COST” ticker at Nasdaq. As discussed in last article, COST finished ((3)) sequence started from $697.27 low, which ended at $896.67 high. Currently, it favors corrective pullback towards $782.04 – $737.32 area, where it should find support to turn higher. COST – Elliott Wave View","text":"Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded & private-label products in the range of merchandise categories. It also operates e-commerce websites in the US, Canada, UK & many other countries. It is based in Issaquah, Washington, comes under Consumer Defensive sector & trades as “COST” ticker at Nasdaq. As discussed in last article, COST finished ((3)) sequence started from $697.27 low, which ended at $896.67 high. Currently, it favors corrective pullback towards $782.04 – $737.32 area, where it should find support to turn higher. COST – Elliott Wave View","images":[{"img":"https://community-static.tradeup.com/news/185b9378a39367250af1f68e5f8167f8","width":"1024","height":"525"},{"img":"https://community-static.tradeup.com/news/9e60b0e328a98079f1a1a646b9908fa8","width":"1024","height":"525"},{"img":"https://community-static.tradeup.com/news/bc05b0e1b6d8ce7afc268cf23edfa777","width":"1024","height":"525"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333068814790712","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333132306583720,"gmtCreate":1722359056538,"gmtModify":1722359058460,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571492196374890","idStr":"3571492196374890"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333132306583720","repostId":"332986597224632","repostType":1,"repost":{"id":332986597224632,"gmtCreate":1722319522543,"gmtModify":1722344337039,"author":{"id":"9000000000000369","authorId":"9000000000000369","name":"TrendSpider","avatar":"https://community-static.tradeup.com/news/735481e1e3ac7d7e59d7f9448b31b8a0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000369","idStr":"9000000000000369"},"themes":[],"title":"TLRY, BTC, RBLX, IWM Enjoys Great Potential ","htmlText":"Hello everyone! Today i want to share some technical analysis with you!1. <a href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> The final frontier. Does a rate cut send the Russell 2K into uncharted territory? 🧐2. <a href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> Double inside days in a tight pennant formation is a SUPER juicy setup. 🧃3. <a href=\"https://ttm.financial/S/BTC.USD.CC\">$Bitcoin(BTC.USD.CC)$</a> Could it really be that simple? 🪙5. <a href=\"https://ttm.financial/S/TLRY\">$Tilray Inc.(TLRY)$</a> Tilray getting high in after hours. 🍃 📈 +12.05% on earningsFollow me to learn more about analysis!!https://x.com/TrendSpider","listText":"Hello everyone! Today i want to share some technical analysis with you!1. <a href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> The final frontier. Does a rate cut send the Russell 2K into uncharted territory? 🧐2. <a href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> Double inside days in a tight pennant formation is a SUPER juicy setup. 🧃3. <a href=\"https://ttm.financial/S/BTC.USD.CC\">$Bitcoin(BTC.USD.CC)$</a> Could it really be that simple? 🪙5. <a href=\"https://ttm.financial/S/TLRY\">$Tilray Inc.(TLRY)$</a> Tilray getting high in after hours. 🍃 📈 +12.05% on earningsFollow me to learn more about analysis!!https://x.com/TrendSpider","text":"Hello everyone! Today i want to share some technical analysis with you!1. $iShares Russell 2000 ETF(IWM)$ The final frontier. Does a rate cut send the Russell 2K into uncharted territory? 🧐2. $Roblox Corporation(RBLX)$ Double inside days in a tight pennant formation is a SUPER juicy setup. 🧃3. $Bitcoin(BTC.USD.CC)$ Could it really be that simple? 🪙5. $Tilray Inc.(TLRY)$ Tilray getting high in after hours. 🍃 📈 +12.05% on earningsFollow me to learn more about analysis!!https://x.com/TrendSpider","images":[{"img":"https://community-static.tradeup.com/news/36d1207f630f55baa26bb0c22568de13","width":"1128","height":"726"},{"img":"https://community-static.tradeup.com/news/c35c796f1ed8ac1838587467538d6d22","width":"1128","height":"726"},{"img":"https://community-static.tradeup.com/news/ccb11ce143890d3c59484450b618d9b8","width":"1128","height":"726"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/332986597224632","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333131889803296,"gmtCreate":1722359053055,"gmtModify":1722359056301,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571492196374890","idStr":"3571492196374890"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333131889803296","repostId":"333073124618272","repostType":1,"repost":{"id":333073124618272,"gmtCreate":1722344706087,"gmtModify":1722410303178,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4171900329979952","idStr":"4171900329979952"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>&nbsp; 🎲🔪📉🚨💥 Coin Toss: Will Coinbase Bounce Back? 📊‼️📉🚀✨ Kia ora Tiger traders! 🚀 Ready for a wild ride? Let’s dive into Coinbase Global, Inc. (COIN) and see what the crystal ball of data is revealing! 🔍 Current Price: $234.20 (down 3.59%) 📉 🧮 Pre-Market Price: $234.60 📈 💸 Volume: 9.47M 📅 Earnings Date: 01 Aug 2024 (Post Market) 📊 Technical Analysis: • 🔑 Neckline: $235.80 • Support Level: $230 (Let’s hope it holds! 🤞) • Resistance Level: $241 (Can COIN break through? 🧗‍♂️) 🕵️‍♂️ Analyst Ratings: • Buy: 12 🟢 • Hold: 8 🟡 • Sell: 5 🔴 📈 Capital Flow: Coinbase has seen significant capital flow, indicating strong interest from institutional investors. The recent pullback might be an opportunity or a signal of caution—","listText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>&nbsp; 🎲🔪📉🚨💥 Coin Toss: Will Coinbase Bounce Back? 📊‼️📉🚀✨ Kia ora Tiger traders! 🚀 Ready for a wild ride? Let’s dive into Coinbase Global, Inc. (COIN) and see what the crystal ball of data is revealing! 🔍 Current Price: $234.20 (down 3.59%) 📉 🧮 Pre-Market Price: $234.60 📈 💸 Volume: 9.47M 📅 Earnings Date: 01 Aug 2024 (Post Market) 📊 Technical Analysis: • 🔑 Neckline: $235.80 • Support Level: $230 (Let’s hope it holds! 🤞) • Resistance Level: $241 (Can COIN break through? 🧗‍♂️) 🕵️‍♂️ Analyst Ratings: • Buy: 12 🟢 • Hold: 8 🟡 • Sell: 5 🔴 📈 Capital Flow: Coinbase has seen significant capital flow, indicating strong interest from institutional investors. The recent pullback might be an opportunity or a signal of caution—","text":"$Coinbase Global, Inc.(COIN)$ 🎲🔪📉🚨💥 Coin Toss: Will Coinbase Bounce Back? 📊‼️📉🚀✨ Kia ora Tiger traders! 🚀 Ready for a wild ride? Let’s dive into Coinbase Global, Inc. (COIN) and see what the crystal ball of data is revealing! 🔍 Current Price: $234.20 (down 3.59%) 📉 🧮 Pre-Market Price: $234.60 📈 💸 Volume: 9.47M 📅 Earnings Date: 01 Aug 2024 (Post Market) 📊 Technical Analysis: • 🔑 Neckline: $235.80 • Support Level: $230 (Let’s hope it holds! 🤞) • Resistance Level: $241 (Can COIN break through? 🧗‍♂️) 🕵️‍♂️ Analyst Ratings: • Buy: 12 🟢 • Hold: 8 🟡 • Sell: 5 🔴 📈 Capital Flow: Coinbase has seen significant capital flow, indicating strong interest from institutional investors. The recent pullback might be an opportunity or a signal of caution—","images":[{"img":"https://community-static.tradeup.com/news/1f44e998f82cc20f0c0071d8ee1a068a","width":"750","height":"1458"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333073124618272","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018799571,"gmtCreate":1649085527524,"gmtModify":1676534448032,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571492196374890","idStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>sheeeesh","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a>sheeeesh","text":"$AMC Entertainment(AMC)$sheeeesh","images":[{"img":"https://community-static.tradeup.com/news/f27774e46d85893a2b5a4bb163231599","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018799571","isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9018799371,"gmtCreate":1649085479039,"gmtModify":1676534448023,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571492196374890","idStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>shldve bought","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>shldve bought","text":"$Tesla Motors(TSLA)$shldve bought","images":[{"img":"https://community-static.tradeup.com/news/23ee95c5c9135893c9a85e3e0e0b9f9e","width":"1080","height":"2914"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018799371","isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":835510529,"gmtCreate":1629726557361,"gmtModify":1676530112888,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571492196374890","idStr":"3571492196374890"},"themes":[],"htmlText":"Its coool","listText":"Its coool","text":"Its coool","images":[{"img":"https://static.tigerbbs.com/46ac5bded16667fad2fdd7876741af3c","width":"1080","height":"2950"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835510529","isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836734060,"gmtCreate":1629522027750,"gmtModify":1676530065313,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571492196374890","idStr":"3571492196374890"},"themes":[],"htmlText":"Sharing for tiger","listText":"Sharing for tiger","text":"Sharing for 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day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838434752","repostId":"2160915795","repostType":4,"repost":{"id":"2160915795","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629413939,"share":"https://ttm.financial/m/news/2160915795?lang=&edition=fundamental","pubTime":"2021-08-20 06:58","market":"us","language":"en","title":"S&P 500 ends with slim gain as tech strength offsets cyclical woes","url":"https://stock-news.laohu8.com/highlight/detail?id=2160915795","media":"Reuters","summary":"* Energy sector worst performer, materials weak\n* Macy's, Kohl's rise on hiking annual guidance\n* U.","content":"<p>* Energy sector worst performer, materials weak</p>\n<p>* Macy's, Kohl's rise on hiking annual guidance</p>\n<p>* U.S. weekly jobless claims hit 17-month low</p>\n<p>* Dow down 0.19%, S&amp;P up 0.13%, Nasdaq up 0.11%</p>\n<p>Aug 19 (Reuters) - The S&amp;P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.</p>\n<p>Tech also supported the Nasdaq, while economically sensitive sectors such as energy and materials were particularly weak.</p>\n<p>Data showed that the number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth.</p>\n<p>Stocks had sold off sharply a day earlier after minutes from the Fed's July meeting showed officials felt it was possible that a key benchmark for decreasing support \"could be reached this year.\"</p>\n<p>\"It’s very much investors grappling with the growth outlook for the global economy, and how aggressive the Fed will taper when they get around to it,” said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>The Dow Jones Industrial Average fell 66.57 points, or 0.19%, to 34,894.12, the S&amp;P 500 gained 5.53 points, or 0.13%, to 4,405.8 and the Nasdaq Composite added 15.87 points, or 0.11%, to 14,541.79.</p>\n<p>After opening sharply lower, the benchmark S&amp;P 500 erased its declines while swinging between gains and losses during the session.</p>\n<p>\"Money on the sidelines ... was deployed into the market on weakness, and that has been a tale of the markets for the past six to 12 months,\" said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management.</p>\n<p>Technology shined among S&amp;P 500 sectors, rising 1%, helped by a 4% gain for shares of Nvidia Corp. The chip company forecast third-quarter revenue above Wall Street expectations late on Wednesday as it benefits from a boom in demand.</p>\n<p>Consumer staples and real estate - generally considered defensive sectors - both rose about 0.9%.</p>\n<p>Financials and industrials were among the sectors in the red, falling about 0.8% each.</p>\n<p>In company news, shares of U.S. department store chains Macy's Inc and Kohl's Corp rose 19.6% and 7.3%, respectively, following increased annual sales forecasts.</p>\n<p>A rebound in the U.S. economy including a stellar second-quarter corporate earnings season on top of accommodative monetary policy has underpinned positive sentiment for equities, with the S&amp;P 500 up about 100% since its March 2020 pandemic low.</p>\n<p>But with the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&amp;P 500 yet to experience a 5% pullback this year.</p>\n<p>Focus is shifting to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps.</p>\n<p>“The key economic variable continues to be inflation,\" Mortimer said. \"Is it temporary, is it permanent, what number will the Fed tolerate in order to achieve its full employment mandate?”</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 35 new highs and 274 new lows.</p>\n<p>About 10.3 billion shares changed hands in U.S. exchanges, above the 9.3 billion daily average over the last 20 sessions.</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>S&P 500 ends with slim gain as tech strength offsets cyclical woes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 ends with slim gain as tech strength offsets cyclical woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-20 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Energy sector worst performer, materials weak</p>\n<p>* Macy's, Kohl's rise on hiking annual guidance</p>\n<p>* U.S. weekly jobless claims hit 17-month low</p>\n<p>* Dow down 0.19%, S&amp;P up 0.13%, Nasdaq up 0.11%</p>\n<p>Aug 19 (Reuters) - The S&amp;P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.</p>\n<p>Tech also supported the Nasdaq, while economically sensitive sectors such as energy and materials were particularly weak.</p>\n<p>Data showed that the number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth.</p>\n<p>Stocks had sold off sharply a day earlier after minutes from the Fed's July meeting showed officials felt it was possible that a key benchmark for decreasing support \"could be reached this year.\"</p>\n<p>\"It’s very much investors grappling with the growth outlook for the global economy, and how aggressive the Fed will taper when they get around to it,” said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>The Dow Jones Industrial Average fell 66.57 points, or 0.19%, to 34,894.12, the S&amp;P 500 gained 5.53 points, or 0.13%, to 4,405.8 and the Nasdaq Composite added 15.87 points, or 0.11%, to 14,541.79.</p>\n<p>After opening sharply lower, the benchmark S&amp;P 500 erased its declines while swinging between gains and losses during the session.</p>\n<p>\"Money on the sidelines ... was deployed into the market on weakness, and that has been a tale of the markets for the past six to 12 months,\" said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management.</p>\n<p>Technology shined among S&amp;P 500 sectors, rising 1%, helped by a 4% gain for shares of Nvidia Corp. The chip company forecast third-quarter revenue above Wall Street expectations late on Wednesday as it benefits from a boom in demand.</p>\n<p>Consumer staples and real estate - generally considered defensive sectors - both rose about 0.9%.</p>\n<p>Financials and industrials were among the sectors in the red, falling about 0.8% each.</p>\n<p>In company news, shares of U.S. department store chains Macy's Inc and Kohl's Corp rose 19.6% and 7.3%, respectively, following increased annual sales forecasts.</p>\n<p>A rebound in the U.S. economy including a stellar second-quarter corporate earnings season on top of accommodative monetary policy has underpinned positive sentiment for equities, with the S&amp;P 500 up about 100% since its March 2020 pandemic low.</p>\n<p>But with the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&amp;P 500 yet to experience a 5% pullback this year.</p>\n<p>Focus is shifting to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps.</p>\n<p>“The key economic variable continues to be inflation,\" Mortimer said. \"Is it temporary, is it permanent, what number will the Fed tolerate in order to achieve its full employment mandate?”</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 35 new highs and 274 new lows.</p>\n<p>About 10.3 billion shares changed hands in U.S. exchanges, above the 9.3 billion daily average over the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF",".SPX":"S&P 500 Index","OEX":"标普100","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160915795","content_text":"* Energy sector worst performer, materials weak\n* Macy's, Kohl's rise on hiking annual guidance\n* U.S. weekly jobless claims hit 17-month low\n* Dow down 0.19%, S&P up 0.13%, Nasdaq up 0.11%\nAug 19 (Reuters) - The S&P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.\nTech also supported the Nasdaq, while economically sensitive sectors such as energy and materials were particularly weak.\nData showed that the number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth.\nStocks had sold off sharply a day earlier after minutes from the Fed's July meeting showed officials felt it was possible that a key benchmark for decreasing support \"could be reached this year.\"\n\"It’s very much investors grappling with the growth outlook for the global economy, and how aggressive the Fed will taper when they get around to it,” said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\nThe Dow Jones Industrial Average fell 66.57 points, or 0.19%, to 34,894.12, the S&P 500 gained 5.53 points, or 0.13%, to 4,405.8 and the Nasdaq Composite added 15.87 points, or 0.11%, to 14,541.79.\nAfter opening sharply lower, the benchmark S&P 500 erased its declines while swinging between gains and losses during the session.\n\"Money on the sidelines ... was deployed into the market on weakness, and that has been a tale of the markets for the past six to 12 months,\" said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management.\nTechnology shined among S&P 500 sectors, rising 1%, helped by a 4% gain for shares of Nvidia Corp. The chip company forecast third-quarter revenue above Wall Street expectations late on Wednesday as it benefits from a boom in demand.\nConsumer staples and real estate - generally considered defensive sectors - both rose about 0.9%.\nFinancials and industrials were among the sectors in the red, falling about 0.8% each.\nIn company news, shares of U.S. department store chains Macy's Inc and Kohl's Corp rose 19.6% and 7.3%, respectively, following increased annual sales forecasts.\nA rebound in the U.S. economy including a stellar second-quarter corporate earnings season on top of accommodative monetary policy has underpinned positive sentiment for equities, with the S&P 500 up about 100% since its March 2020 pandemic low.\nBut with the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&P 500 yet to experience a 5% pullback this year.\nFocus is shifting to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps.\n“The key economic variable continues to be inflation,\" Mortimer said. \"Is it temporary, is it permanent, what number will the Fed tolerate in order to achieve its full employment mandate?”\nDeclining issues outnumbered advancing ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored decliners.\nThe S&P 500 posted 28 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 35 new highs and 274 new lows.\nAbout 10.3 billion shares changed hands in U.S. exchanges, above the 9.3 billion daily average over the last 20 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23:00","market":"us","language":"en","title":"Why Etsy Stock Tanked Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2133575821","media":"Motley Fool","summary":"The market is forward-looking, and it doesn't like what's ahead next quarter.","content":"<h2>What happened</h2>\n<p>Shares of online marketplace <b>Etsy</b> (NASDAQ:ETSY) tanked on Thursday after the company reported financial results for the first quarter of 2021. Q1 results showed blistering growth, but management's guidance for the second quarter suggested things are cooling off. For this, the stock was down a painful 13% as of 10 a.m. EDT. And the stock is now down 35% from an all-time high reached earlier this year.</p>\n<h2>So what</h2>\n<p>Q1 sales on Etsy's platform (known as gross merchandise sales, or GMS) were up an outstanding 132% from the first quarter of 2020. Of course, Etsy doesn't sell products directly. Rather, independent merchants use the platform to sell their handcrafted products and Etsy takes a cut -- the cut contributes to the company's revenue. Revenue for Etsy was up 142% year over year and, because it gains operating leverage with scale, net income was up an eye-popping 1,048% to $144 million.</p>\n<p><img src=\"https://static.tigerbbs.com/501286977ac350c79c42add19bb50930\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>If the stock market looked backwards, Etsy stock would be up big with numbers like this. However, the market is forward-looking, and the company's guidance disappointed. For Q2, management expects GMS to grow only 5% to 15% from the comparable period last year -- a sharp drop-off from its growth rate in Q1.</p>\n<p>With this news, a slew of analysts were quick to cut their price targets on Etsy stock. For example, according to The Fly, an analyst with Oppenheimer slashed the price target from $240 per share to $200 per share -- a whopping 20% decrease.</p>\n<p><img src=\"https://static.tigerbbs.com/98e757482b0be575411dcff8c4b2546e\" tg-width=\"720\" tg-height=\"435\" referrerpolicy=\"no-referrer\"></p>\n<p>ETSY data by YCharts</p>\n<h2>Now what</h2>\n<p>While the market is forward-looking, I would argue that many investors and analysts don't look far enough forward. Indeed, growth stocks like Etsy have been selling off sharply over the past couple of months, stoking fears and leading to reactive moves. For example, Oppenheimer is lowering its price target for Etsy today by 20%. But let's not forget that the $240 price target was set by the same Oppenheimer analyst on Feb. 26. In February the market was hot and investors were more optimistic, leading to higher price targets. So take today's lowered price target from Oppenheimer and others with a grain of salt.</p>\n<p>For Etsy shareholders, there's an overlooked metric that I believe bodes well to the long-term health of the company. In Q1, active buyers on the platform were up 90% year over year and active sellers were up 67%. The continued steady increase of both buyers and sellers creates a kind of network effect, making this a stronger platform and harder to disrupt. This doesn't mean the stock can't head lower in the short term -- it can. But for those with a three- to five-year time horizon, Etsy's business is looking strong.</p>","source":"fool_stock","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>Why Etsy Stock Tanked Today</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\">\nWhy Etsy Stock Tanked Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/06/why-etsy-stock-tanked-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of online marketplace Etsy (NASDAQ:ETSY) tanked on Thursday after the company reported financial results for the first quarter of 2021. Q1 results showed blistering growth, but ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/06/why-etsy-stock-tanked-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc."},"source_url":"https://www.fool.com/investing/2021/05/06/why-etsy-stock-tanked-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133575821","content_text":"What happened\nShares of online marketplace Etsy (NASDAQ:ETSY) tanked on Thursday after the company reported financial results for the first quarter of 2021. Q1 results showed blistering growth, but management's guidance for the second quarter suggested things are cooling off. For this, the stock was down a painful 13% as of 10 a.m. EDT. And the stock is now down 35% from an all-time high reached earlier this year.\nSo what\nQ1 sales on Etsy's platform (known as gross merchandise sales, or GMS) were up an outstanding 132% from the first quarter of 2020. Of course, Etsy doesn't sell products directly. Rather, independent merchants use the platform to sell their handcrafted products and Etsy takes a cut -- the cut contributes to the company's revenue. Revenue for Etsy was up 142% year over year and, because it gains operating leverage with scale, net income was up an eye-popping 1,048% to $144 million.\n\nImage source: Getty Images.\nIf the stock market looked backwards, Etsy stock would be up big with numbers like this. However, the market is forward-looking, and the company's guidance disappointed. For Q2, management expects GMS to grow only 5% to 15% from the comparable period last year -- a sharp drop-off from its growth rate in Q1.\nWith this news, a slew of analysts were quick to cut their price targets on Etsy stock. For example, according to The Fly, an analyst with Oppenheimer slashed the price target from $240 per share to $200 per share -- a whopping 20% decrease.\n\nETSY data by YCharts\nNow what\nWhile the market is forward-looking, I would argue that many investors and analysts don't look far enough forward. Indeed, growth stocks like Etsy have been selling off sharply over the past couple of months, stoking fears and leading to reactive moves. For example, Oppenheimer is lowering its price target for Etsy today by 20%. But let's not forget that the $240 price target was set by the same Oppenheimer analyst on Feb. 26. In February the market was hot and investors were more optimistic, leading to higher price targets. So take today's lowered price target from Oppenheimer and others with a grain of salt.\nFor Etsy shareholders, there's an overlooked metric that I believe bodes well to the long-term health of the company. In Q1, active buyers on the platform were up 90% year over year and active sellers were up 67%. The continued steady increase of both buyers and sellers creates a kind of network effect, making this a stronger platform and harder to disrupt. This doesn't mean the stock can't head lower in the short term -- it can. But for those with a three- to five-year time horizon, Etsy's business is looking strong.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579391265651951","authorId":"3579391265651951","name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","crmLevel":1,"crmLevelSwitch":0,"idStr":"3579391265651951","authorIdStr":"3579391265651951"},"content":"Please Respond on my comment Thank You????","text":"Please Respond on my comment Thank You????","html":"Please Respond on my comment Thank You????"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174354839,"gmtCreate":1627082185721,"gmtModify":1703483796327,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"To comment","listText":"To comment","text":"To comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174354839","repostId":"2153983997","repostType":4,"repost":{"id":"2153983997","kind":"highlight","pubTimestamp":1627045860,"share":"https://ttm.financial/m/news/2153983997?lang=&edition=fundamental","pubTime":"2021-07-23 21:11","market":"us","language":"en","title":"3 Stocks to Buy Whether or Not a Market Crash Is Near","url":"https://stock-news.laohu8.com/highlight/detail?id=2153983997","media":"Motley Fool","summary":"Maybe the market is about to crash, and maybe it isn't. These stocks look like good picks either way.","content":"<p>Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors that a stock market crash could be on the way.</p>\n<p>One of the biggest stock market bears, Harry Dent Jr., who predicted the dot.com bubble collapsing, even thinks that a market meltdown is likely within the next three months. Is all of the pessimism warranted? Maybe, maybe not.</p>\n<p>If you're leery about what's around the corner, here are three stocks to buy if a market crash is coming soon. And the great news about these stocks is that they're solid picks even if it doesn't happen.</p>\n<p><img src=\"https://static.tigerbbs.com/3105d12ec8b203883b5e91a709172e8b\" tg-width=\"700\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h3>BioNTech</h3>\n<p>I personally don't think a stock market crash is just around the corner. If <a href=\"https://laohu8.com/S/AONE.U\">one</a> is, though, I suspect the cause will be the combination of the COVID-19 pandemic and sky-high market valuations. Assuming I'm right,&nbsp;<b>BioNTech</b> (NASDAQ:BNTX) should soar if the market crashes.</p>\n<p>A massive market sell-off due to COVID-19 worries would almost certainly light a fire beneath the stocks of the leading vaccine makers. My view is that BioNTech would be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest winners in the group.</p>\n<p>BioNTech and its partner <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b> (NYSE:PFE) are already moving forward with plans to test a vaccine that specifically targets the delta variant. That gives the companies a head start. BioNTech is by far the smallest of the companies with COVID-19 vaccines already on the market, which makes its shares more likely to jump higher on a positive catalyst. It's also easily the cheapest of these vaccine stocks, based on forward earnings multiples.</p>\n<p>What if there isn't an imminent market crash? BioNTech is still set to rake in billions of dollars with sales of its COVID-19 vaccine. The company will almost certainly use its growing cash stockpile to invest in expanding its pipeline. I think that BioNTech will be a winner over the long term, regardless of what happens over the short term.</p>\n<h3><a href=\"https://laohu8.com/S/DG\">Dollar General</a></h3>\n<p>I've maintained for a long time that&nbsp;<b>Dollar <a href=\"https://laohu8.com/S/BGC\">General</a></b> (NYSE:DG) is one of the best stocks to own during a market downturn. That view seemed to be confirmed during the big market meltdown last year.</p>\n<p><img src=\"https://static.tigerbbs.com/b0e75aa27d2d22b4296c80687da5be97\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p>\n<p>DG data by YCharts.</p>\n<p>Shares of Dollar General fell at first, but not nearly as much as most stocks did. Dollar General stock also rebounded much more quickly and trounced the overall market's return throughout the rest of the year.</p>\n<p>During uncertain times, consumers tighten their purse strings. That makes discount retailers such as Dollar General more attractive than ever.</p>\n<p>Even when the overall market performs well, though, Dollar General should still be able to grow. As a case in point, the company's shares delivered more than double the gain that the <b>S&amp;P 500</b> index did in the five years leading up to 2020 when the market was roaring.</p>\n<p>I think that Dollar General will be able to continue to beat the market. It's moving forward with an aggressive expansion strategy. The company is also undertaking a major initiative to \"establish itself as a health destination.\" While Dollar General didn't provide many details on exactly what its plans are, moving more into healthcare sounds like a smart move to me.</p>\n<h3>Viatris</h3>\n<p>There are at least two reasons why a given stock might hold up well during a big market sell-off. One is that its underlying business isn't impacted much by the reason behind the broader plunge. Another is that the stock is so cheap that investors scoop up shares if it falls much below its existing price. My take is that&nbsp;<b>Viatris</b> (NASDAQ:VTRS) qualifies on both of these criteria.</p>\n<p>Viatris specializes in biosimilars and generic drugs. Patients need these drugs, regardless of what the stock market does. The drugs are also less expensive than branded prescription drugs.</p>\n<p>The stock is irrefutably dirt cheap. Viatris' shares trade at a little over four times expected earnings. It's unlikely that the stock is going to move much lower because it would simply be too much of a steal for investors to ignore.</p>\n<p>Granted, Viatris probably won't keep up with the overall stock market's performance if the current uptrend continues. However, the company's dividend is attractive. And over the next several years, Viatris should achieve synergies resulting from the merger of Pfizer's Upjohn unit and Mylan, as well as launch new products that should drive growth.</p>","source":"fool_stock","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>3 Stocks to Buy Whether or Not a Market Crash Is Near</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\">\n3 Stocks to Buy Whether or Not a Market Crash Is Near\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTRS":"Viatris Inc.","BNTX":"BioNTech SE","DG":"美国达乐公司"},"source_url":"https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153983997","content_text":"Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors that a stock market crash could be on the way.\nOne of the biggest stock market bears, Harry Dent Jr., who predicted the dot.com bubble collapsing, even thinks that a market meltdown is likely within the next three months. Is all of the pessimism warranted? Maybe, maybe not.\nIf you're leery about what's around the corner, here are three stocks to buy if a market crash is coming soon. And the great news about these stocks is that they're solid picks even if it doesn't happen.\n\nImage source: Getty Images.\nBioNTech\nI personally don't think a stock market crash is just around the corner. If one is, though, I suspect the cause will be the combination of the COVID-19 pandemic and sky-high market valuations. Assuming I'm right, BioNTech (NASDAQ:BNTX) should soar if the market crashes.\nA massive market sell-off due to COVID-19 worries would almost certainly light a fire beneath the stocks of the leading vaccine makers. My view is that BioNTech would be one of the biggest winners in the group.\nBioNTech and its partner Pfizer (NYSE:PFE) are already moving forward with plans to test a vaccine that specifically targets the delta variant. That gives the companies a head start. BioNTech is by far the smallest of the companies with COVID-19 vaccines already on the market, which makes its shares more likely to jump higher on a positive catalyst. It's also easily the cheapest of these vaccine stocks, based on forward earnings multiples.\nWhat if there isn't an imminent market crash? BioNTech is still set to rake in billions of dollars with sales of its COVID-19 vaccine. The company will almost certainly use its growing cash stockpile to invest in expanding its pipeline. I think that BioNTech will be a winner over the long term, regardless of what happens over the short term.\nDollar General\nI've maintained for a long time that Dollar General (NYSE:DG) is one of the best stocks to own during a market downturn. That view seemed to be confirmed during the big market meltdown last year.\n\nDG data by YCharts.\nShares of Dollar General fell at first, but not nearly as much as most stocks did. Dollar General stock also rebounded much more quickly and trounced the overall market's return throughout the rest of the year.\nDuring uncertain times, consumers tighten their purse strings. That makes discount retailers such as Dollar General more attractive than ever.\nEven when the overall market performs well, though, Dollar General should still be able to grow. As a case in point, the company's shares delivered more than double the gain that the S&P 500 index did in the five years leading up to 2020 when the market was roaring.\nI think that Dollar General will be able to continue to beat the market. It's moving forward with an aggressive expansion strategy. The company is also undertaking a major initiative to \"establish itself as a health destination.\" While Dollar General didn't provide many details on exactly what its plans are, moving more into healthcare sounds like a smart move to me.\nViatris\nThere are at least two reasons why a given stock might hold up well during a big market sell-off. One is that its underlying business isn't impacted much by the reason behind the broader plunge. Another is that the stock is so cheap that investors scoop up shares if it falls much below its existing price. My take is that Viatris (NASDAQ:VTRS) qualifies on both of these criteria.\nViatris specializes in biosimilars and generic drugs. Patients need these drugs, regardless of what the stock market does. The drugs are also less expensive than branded prescription drugs.\nThe stock is irrefutably dirt cheap. Viatris' shares trade at a little over four times expected earnings. It's unlikely that the stock is going to move much lower because it would simply be too much of a steal for investors to ignore.\nGranted, Viatris probably won't keep up with the overall stock market's performance if the current uptrend continues. However, the company's dividend is attractive. And over the next several years, Viatris should achieve synergies resulting from the merger of Pfizer's Upjohn unit and Mylan, as well as launch new products that should drive growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155219155,"gmtCreate":1625439158577,"gmtModify":1703741566126,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>asked to share this","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>asked to share this","text":"$SOS Limited(SOS)$asked to share this","images":[{"img":"https://static.tigerbbs.com/de983d4e10f609629274493141fa52ad","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155219155","isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":173392546,"gmtCreate":1626613361485,"gmtModify":1703762323809,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>lets go $1","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>lets go $1","text":"$SOS Limited(SOS)$lets go $1","images":[{"img":"https://static.tigerbbs.com/3e32b21bf91753d954aceec7611372e0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173392546","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":149721697,"gmtCreate":1625749813419,"gmtModify":1703747737847,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>share thisbbabe","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>share thisbbabe","text":"$SOS Limited(SOS)$share thisbbabe","images":[{"img":"https://static.tigerbbs.com/f1304f19ac249c0f9cd33b3ce5561f9c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149721697","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":804133516,"gmtCreate":1627944426135,"gmtModify":1703498138176,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>drop like grapes","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>drop like grapes","text":"$Tiger Brokers(TIGR)$drop like grapes","images":[{"img":"https://static.tigerbbs.com/0a78140a15e780df33a8f9258b86bdb2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804133516","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176895736,"gmtCreate":1626875337825,"gmtModify":1703479724643,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>lets drop","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>lets drop","text":"$SOS Limited(SOS)$lets drop","images":[{"img":"https://static.tigerbbs.com/c0c7bd6c316514ca3a5bee9df22b886c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/176895736","isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":152478827,"gmtCreate":1625349789769,"gmtModify":1703740529778,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>asked to share","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>asked to share","text":"$SOS Limited(SOS)$asked to share","images":[{"img":"https://static.tigerbbs.com/de983d4e10f609629274493141fa52ad","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152478827","isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128206984,"gmtCreate":1624516464348,"gmtModify":1703839062181,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Need to leave commente","listText":"Need to leave commente","text":"Need to leave commente","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/128206984","repostId":"1111854478","repostType":4,"repost":{"id":"1111854478","kind":"news","pubTimestamp":1624515835,"share":"https://ttm.financial/m/news/1111854478?lang=&edition=fundamental","pubTime":"2021-06-24 14:23","market":"us","language":"en","title":"The Inside Story of the Sideways Ship That Broke Global Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1111854478","media":"Bloomberg","summary":"Captain Krishnan Kanthavel watched the sun rise over the Red Sea through a dusty haze. Winds of more","content":"<p>Captain Krishnan Kanthavel watched the sun rise over the Red Sea through a dusty haze. Winds of more than 40 mph, whipping off the Egyptian desert, had turned the sky an anemic yellow. From his viewpoint on the bridge, it was just possible to see the dark outlines of the 19 other vessels anchored in Suez Bay, waiting for their turn to enter the narrow channel snaking inland toward the Mediterranean.</p>\n<p>Kanthavel’s container vessel was scheduled to be the 13th ship traveling north through the Suez Canal on March 23, 2021. His was one of the largest in the queue. It was also one of the newest and most valuable, only a few years out of the shipyard.<i>Ever Given</i>, the name painted in block letters on its stern, stood out in crisp white against the forest-green hull. Soon after daybreak, a small craft approached, carrying the local pilots who’d guide the ship during its 12-hour journey between the seas.</p>\n<p>Transiting the Suez Canal is sometimes nerve-racking. The channelsaves a three-week detouraround Africa, but it’s narrow, about 200 meters (656 feet) wide in parts, and just 24 meters deep. Modern ships, by contrast, aremassive and getting bigger. The<i>Ever Given</i>is 400 meters from bow to stern and nearly 60 meters across—most of the width of a Manhattan city block, and almost as long as the Empire State Building is high. En route from Malaysia to the Netherlands, it was loaded with about 17,600 brightly colored containers. Its keel would be only a few meters from the canal bottom. That didn’t leave much room for error.</p>\n<p>After climbing aboard, the two Egyptian pilots were led up to the bridge to meet the captain, officers, and helmsmen, all of them Indian, like the rest of the crew. According to documents filed weeks later in an Egyptian court, there was a dispute at some point about whether the ship should enter the canal at all, given the bad weather—a debate that may have been hampered by the fact that English was neither side’s first language. At least four nearby ports had already closed because of the storm, and a day earlier the captain of a natural gas carrier sailing from Qatar had decided it was too gusty to traverse Suez safely.</p>\n<p>Like airplanes, modern ships carry voyage data recorders, or VDRs, black-box devices that capture conversations on the bridge. The full recording of what transpired on the<i>Ever Given</i>’s bridge hasn’t been released by the Egyptian government, so it isn’t clear exactly what the pilots and crew said about the conditions. But the commercial pressures on Captain Kanthavel, an experienced mariner from Tamil Nadu, in India’s far south, would have been enormous. His ship was carrying roughly $1 billion worth of cargo, includingIkeafurniture,Nikesneakers,Lenovolaptops, and 100 containers of an unidentified flammable liquid.</p>\n<p>Several other corporate entities also had an interest in getting the<i>Ever Given</i>’s containers speedily to Europe. Among them was its owner,Shoei Kisen Kaisha Ltd., a shipping concern controlled by a wealthy Japanese family, andEvergreen Group, a Taiwanese conglomerate that operated it under a long-term charter. The crew, meanwhile, worked forBernhard Schulte Shipmanagement, a German company that supplies sailors for commercial vessels and oversees their operations. Every day’s delay would add tens of thousands of dollars in costs, if not more.</p>\n<p>Veteran captains say they often don’t have much choice about sailing into Suez in poor conditions. “Do it, or we’ll find someone else who will,” they’re sometimes told. But modern ships have radar and electronic sensors that technically allow the canal to be navigated even in zero visibility. And Kanthavel, whom a former colleague describes as a calm, confident officer, had ample experience navigating Suez.</p>\n<p>From the bridge, Kanthavel could see about a half-mile ahead. Other vessels in the northbound convoy were on the move, gliding past the tall cranes at the canal’s mouth. The captain could still have refused to proceed, but with an all-clear from the agency that manages the waterway, and with everyone eager to get going, he carried on. The lead Egyptian pilot leaned into his radio and had a brief conversation in Arabic between bursts of static. Then he instructed the bridge crew to power forward. As the scattered settlements around the port gave way to bare desert, the<i>Ever Given</i>cruised past a large sign that read, “Welcome to Egypt.”</p>\n<p>Suez pilots are employed by theSuez Canal Authority, which has operated the route since the Egyptian government took control of it in 1956. Often former naval officers, the pilots don’t physically steer transiting ships themselves. Their job is to give instructions to captains and helmsmen, communicate with the rest of the convoy and the SCA control tower, and ensure that the vessels get through safely, which they mostly do.</p>\n<p>For some visitors, though, encounters with the SCA can be a source of stress. Although the captain remains technically in charge, he or she surrenders a good deal of control to strangers in uniform, whose professionalism and competence vary. In addition to pilots, SCA electricians, mooring specialists, and health inspectors may also come on board. Each one requires paperwork, food, space, and supervision. They may also demand cartons of cigarettes, a problem that prompted a maritime anti-corruption group in 2015 to create a “Say No” campaign, urging shipping lines to refuse to hand any over. (The SCA has in the past denied such allegations.)</p>\n<p>Chris Gillard sailed the canal about once a month from 2008 through 2019 as an officer with his former employer, Danish shipping giantA.P. Moller-Maersk A/S. Between the pilots and the navigation challenges, he came to dread the crossing. “I’d rather have a colonoscopy than go through the Suez,” he said in an interview. The situation has improved in recent years, but the dynamic can still be fraught.</p>\n<p>A few miles into the<i>Ever Given</i>’s transit, the ship began to veer alarmingly from port to starboard and back again. Its blocky shape may have been acting as a gigantic sail, buffeted by the wind. In response, according to evidence submitted in legal proceedings, the lead SCA pilot began barking instructions at the Indian helmsman. The pilot shouted to steer hard right, then hard left. The<i>Ever Given</i>’s vast hull took so long to respond that by the time it began to move, he needed to correct course again. When the second pilot objected, the two argued. They may have exchanged insults in Arabic. (The SCA hasn’t released the pilots’ names and denies they were at fault for what followed.)</p>\n<p>The lead pilot then gave a new order: “Full ahead.” That would take the<i>Ever Given</i>’s speed to 13 knots, or 15 mph, significantly faster than the canal’s recommended speed limit of about 8 knots. The second pilot tried to cancel the order, and more angry words were exchanged. Kanthavel intervened, and the lead pilot responded by threatening to leave the vessel, according to the court evidence.</p>\n<p>The increase in power should have provided the<i>Ever Given</i>with more stability in the face of the gale, but it also brought a new factor into play. Bernoulli’s principle, named for an 18th century Swiss mathematician, states that a fluid’s pressure goes down when its speed goes up. The hundreds of thousands of tons of canal water the ship was displacing had to squeeze through the narrow gap between its hull and the nearest shore. As the water rushed through, the pressure would have decreased, sucking the<i>Ever Given</i>closer to the bank. The faster it went, the greater the pull. “Speeding up to a certain point is effective, then it becomes countereffective,” Gillard said. “You won’t be steering a straight line no matter what you do.”</p>\n<p>Suddenly, it became clear the<i>Ever Given</i>was going to crash. Although no footage of the incident has been made public, the final few seconds would have unfolded with the horrible slowness of a collapsing building—a gigantic object surrendering to invisible forces. According to a person familiar with the VDR audio, Captain Kanthavel reacted as anyone might in the same situation. “Shit!” he screamed.</p>\n<p>Consider every item within 10 feet of you right now. Shoes, furniture, toys, pens, phones, computers—if you live in Europe or North America, there’s a very good chance they sailed through the Suez Canal. The canal is theessential linkbetween East and West, a dichotomy that lodged in the popular imagination centuries ago in part because of the difficulty in crossing from one to the other. Before it existed, mariners had to brave pirates and violent storms by sailing around the Cape of Good Hope, while merchants traveling on land risked robbery or worse as they crossed the desert.</p>\n<p>The idea of a direct route across the Suez isthmus was dismissed as a fantasy until the 19th century, when it was taken up by a cross-dressing French wine merchant named Barthélemy-Prosper Enfantin. A utopian socialist and early advocate of gender equality, Enfantin believed the East had a female essence, while the West was intrinsically male. Egypt, and specifically Suez, could be their “nuptial bed,” the site of a reconciliation between the world’s great cultures.</p>\n<p>Enfantin’s ideas reached Ferdinand de Lesseps, a French diplomat serving in Cairo, who rallied to the cause. Eventually, Lesseps founded an entity called the Suez Canal Company and persuaded Egyptian ruler Sa’id Pasha and Emperor Napoleon III of France to support the project. The government of Egypt bought 44% of the shares, with French retail investors acquiring the bulk of the rest. Tens of thousands of Egyptian peasants began digging out the channel by hand, later assisted by machines imported from Europe.</p>\n<p>In 1869, the 120-mile miracle in the desert was complete. It soon became a vital commercial artery, particularly for European powers expanding their colonial empires in Asia. Egyptians saw few of the benefits. The canal’s construction proved financially ruinous for the country, and it was forced to sell its shares to the British government to satisfy creditors. Then, in 1882, Britain used a nationalist uprising as a pretext to send more than 30,000 troops into Egypt, turning it into a client state and seizing the canal. Suez had become an asset the European powers couldn’t afford to lose.</p>\n<p>Anger at this act of imperial aggression festered, and in 1956 the Egyptian leader Gamal Abdel Nasser nationalized the waterway. An Anglo-French attempt to take it back with support from Israel was a humiliating failure, collapsing after President Dwight Eisenhower made it clear that the U.S. wouldn’t tolerate the recolonization of a chunk of the Middle East. From then on, the canal would remain in Egyptian hands. In 2015, President Abdel Fattah El-Sisi opened an$8.5 billion expansion, increasing capacity and cutting transit times. Billboards in Cairo declared that it was “Egypt’s gift to the world.”</p>\n<p>Today 19,000 vessels a year pass through the canal, loaded with more than a billion tons of goods. With tolls that can run as high as $1 million for the largest ships, the SCA brings Egypt about $5 billion annually. The country’s government is understandably proud of its central role in maritime trade. It’s also touchy about any suggestion that it’s not an ideal custodian for one of the world economy’s most critical assets.</p>\n<p>“I’d rather have a colonoscopy than go through the Suez”</p>\n<p>Early on March 23, Captain Mohamed Elsayed Hassanin was just starting his shift in the control tower atop the SCA’s headquarters in Ismailia, about 50 miles north of the<i>Ever Given</i>’s position. As pilots radioed in to say that ship No. 13 in the northbound convoy had run aground, the results, captured by the CCTV cameras that line the waterway, were being displayed on a flickering monitor in front of Elsayed’s command post. No one in the control tower had ever seen anything like it: The vessel was wedged diagonally across the channel. When the camera zoomed in, Elsayed could see the forlorn figure of Kanthavel standing on the<i>Ever Given</i>’s bridge.</p>\n<p>A former navy captain, Elsayed is a stern man who takes his job as chief pilot seriously. He’d been promoted to the position two years earlier, after almost 40 years of maritime experience and a decade at the SCA. He has smooth features, with deep lines around his eyes, and wears a pressed white uniform with black and gold epaulettes, spotless down to his white shoes.</p>\n<p>Elsayed oversees four convoys daily, two from the south and two from the north. Part of his job is nautical choreography. More than half of the canal is too narrow for large ships to safely pass each other. That’s why vessels travel in convoys, waiting in one of the lakes or side channels for the group going the other way to pass.</p>\n<p>It was clear, Elsayed said in an interview, that the<i>Ever Given</i>was stuck in one of the worst possible spots: a one-way section of the canal. He decided to take a look for himself. After a short car trip, he boarded a small boat and pulled up to the cargo ship. Even for someone accustomed to huge merchant vessels, the<i>Ever Given</i>’sscalewas striking. It reminded Elsayed of a metal mountain, rising from the opalescent channel.</p>\n<p>Below the waterline, the bulbous bow had been driven like a dagger deep into the rocks and coarse sand. Somehow, the back end had also run aground, lodging in the opposite bank and leaving the ship at a 45-degree angle to the shore. Nothing could pass. The force of the impact had also pushed the bow upward by six meters. Container ships aren’t designed to sit on an angle, and with the<i>Ever Given</i>’s weight distribution thrown off and only a few meters of water supporting the vessel’s middle section, Elsayed thought there was a real possibility it would break in half.</p>\n<p>A couple of SCA tugboats were already at the scene, and divers were in the water checking for hull damage. Elsayed scaled a ladder to meet Kanthavel on the bridge. The captain was visibly shaken, and Elsayed tried to keep him calm. “Everything will be solved,<i>inshallah</i>,” he said.</p>\n<p>He asked Kanthavel about the<i>Ever Given</i>’s hull, the weight of its cargo, and the amount of water in its ballast tanks. If they could lighten its load, the extra buoyancy might help lift it off the bank. Elsayed did some quick mental arithmetic. The ratio of tonnage to flotation was 201 tons for each centimeter. Getting the vessel one meter out of the water would require removing more than 20,000 tons of cargo—an enormous undertaking even if the SCA could find a crane tall enough to reach containers piled more than 50 meters above the surface.</p>\n<p>The two tugs attached cables to the<i>Ever Given</i>and began trying to drag it free, their engines churning the water into spirals. The ship didn’t budge. Elsayed and his boss, SCA Chairman Osama Rabie, improvised a plan: They would run 12-hour shifts, alternating between excavators on shore removing the rocky soil around the bow and stern, and tugboats pulling with as much horsepower as possible. The diggers would gouge downward during low tide. The tugs would exploit the additional buoyancy provided by high tide to tow. To help the excavators, Elsayed summoned two SCA dredgers, floating barges with spinning metal teeth that could be lowered into the water to chew up the canal bed. They were due to arrive later that day.</p>\n<p>First on the scene was a single yellow digger, sent by a contractor working nearby. The driver approached nervously and started scraping scoopfuls of rocky earth from around the bow. He was terrified, according to an interview he later gave with<i>Insider</i>, that the metal behemoth looming over him would topple or shift, crushing him. The comical size mismatch was captured by the SCA’s communications team, which had a photographer on hand to show the world the authority was doing all it could to get the canal open again. Theimage of the lonely excavatorwent viral, and for the first time in its history, Suez was both a vital commercial passage and a meme.</p>\n<p>After giving their account of the accident to Elsayed, the two SCA pilots who’d been on the<i>Ever Given</i>’s bridge prepared to disembark. As they did so they continued to bicker, according to lawsuit evidence that’s disputed by the SCA. “These vessels are not supposed to enter,” the lead pilot said.</p>\n<p>“Why did you let it enter?” his colleague responded.</p>\n<p>Keith Svendsen was driving to work when his mobile phone rang. One of his colleagues fromAPM Terminals, a Netherlands-based operator of container ports, was on the line with news. Details were scant, but there was some kind of trouble in Suez. Staff at Maersk, APM’s parent company, were rushing to find out more.</p>\n<p>If shipping conglomerates like Evergreen Group keep ocean trade moving, APM provides a link between land and sea, loading and unloading about 32,000 ships a year in Los Angeles, Mumbai, Gothenburg, and some 70 other locations, day and night, in an unceasing ballet of cranes and metal boxes. It also co-ownsTanjung Pelepas, the Malaysian port that was the<i>Ever Given</i>’s last stop before Suez.</p>\n<p>As Svendsen, a plain-spoken Dane who serves as APM’s chief operating officer, arrived at his office in The Hague, he wasn’t overly concerned. Mishaps in Suez weren’t uncommon and could usually be resolved within hours. In three decades as a seafarer and shipping executive, he’d dealt with more than a few close calls, some in that very waterway. They usually worked themselves out.</p>\n<p>It was soon apparent to Svendsen, though, that the<i>Ever Given</i>’s accident was well out of the ordinary and would have serious repercussions. Like car manufacturing and supermarket distribution, modern cargo shipping is a just-in-time business, built around the expectation that goods will arrive precisely when needed. Before containers were widely adopted in the 1970s, it could take a week or more to empty a large ship and then refill it. Today, vessels carrying 10,000 containers or more might spend just hours in a given port, unloaded by automated cranes guided by sophisticated planning algorithms. It’s an efficient model, saving on storage and inventory, but a fragile one. It takes only a single problem in the supply chain for everything to seize up.</p>\n<p>A prolonged closure of Suez risked a cascade of delays that would be felt in day-to-day commerce by millions of people, if not billions, for months. A vessel missing its scheduled arrival at APM’s terminal in New Jersey wouldn’t just create a problem for the American companies waiting for its cargo. It would also mean a pileup of all the containers the ship was supposed to pick up for export. And, half a world away, factories in China or Malaysia counting on the same vessel to pick up their goods weeks later would need to find alternative options—which, given the disruption, might not exist.</p>\n<p>APM convened a crisis management team and started planning for various scenarios. What would happen to its ports if the canal was closed for 24 hours? Three days? Two weeks? Each increment of delay meant more vessels and cargo waiting to get through, unless they took a detour of thousands of nautical miles.</p>\n<p>“Our job was to find out when we’d have a breaking point situation,” Svendsen said in an interview. Two weeks would be a disaster for world trade, the team concluded. Anything less than a week would be manageable, if challenging. Svendsen could only hope that someone would pull the<i>Ever Given</i>clear before then.</p>\n<p>As the ship drew away from the bank, one of the ropes binding the bow to the shore snapped. Then another. Then another</p>\n<p>Soon after the grounding, an engineer on a Maersk ship directly behind the<i>Ever Given</i>in the northbound convoy took a striking photograph of the vessel, side-on in the channel against the apocalyptic backdrop of a sandstorm. “Looks like we might be here for a little bit,” she wrote, posting the image on Instagram.</p>\n<p>It took about 24 hours for the SCA to release its first public statement, in which it said the<i>Ever Given</i>had lost control in bad weather. Evergreen, which declined to make any of its executives available for an interview, blamed a “suspected sudden strong wind,” while one local maritime agent cited a “blackout.” By the end of the day on March 24, 185 vessels were anchored nearby waiting to pass, carrying electronics, cement, water, millions of barrels of oil, and several thousand head of livestock. A shipping journal estimated that $10 billion worth of marine traffic per day was piling up.</p>\n<p>Help was on its way from Europe: AteamfromSMIT Salvage, part of the Dutch marine conglomerateRoyal Boskalis Westminster NV, had been hired by the<i>Ever Given</i>’s owners in Japan. Salvors are like a 24/7 rescue service for the high seas. When a cruise liner starts to sink or an oil tanker is set alight, salvage crews rush to the scene to recover people, cargo, and equipment. It’s one of the world’s most adrenaline-soaked professions, and salvors employ all manner of<i>Thunderbirds</i>-style vehicles to get the job done, including helicopters and high-powered tugs with names like<i>Sea Stallion</i>and<i>Nordic Giant</i>. The business can be extremely lucrative. Under standard terms, crews receive a percentage of the value of whatever they rescue, potentially earning tens of millions of dollars. Fail, and they may get nothing.</p>\n<p>After the SMIT team arrived on March 25, its members surveyed the<i>Ever Given</i>and then met Elsayed and his SCA colleagues on board. SMIT was there to advise, not take over, because Suez salvage operations fall under the SCA’s jurisdiction. But the Dutch experts had a plan. If towing didn’t work, they told Elsayed over the course of several meetings, it would be critical to lighten the ship. They’d already located a crane that was tall enough to reach the<i>Ever Given</i>’s deck and capable of removing five containers an hour, load by painstaking load, until the vessel was 10,000 tons lighter. The crane could be there the following week. They just needed to charter a vessel to sail it in.</p>\n<p>“Where are you going to put the containers?” Elsayed asked. A SMIT executive said they’d be offloaded to a smaller boat, which would go to a lake a few miles up the canal, to be transferred by yet another crane to yet another boat. Elsayed thought that would take at least three months. “We don’t have time,” he said. SMIT argued it was prudent to have a backup option. Eventually everyone agreed that they should keep dredging and towing until the giant crane arrived. If there was no movement by then, they wouldstart taking boxes off.</p>\n<p>SMIT put out a call to its partners and contractors, seeking the most powerful tugs they could find. The available ones included a sizable Italian-owned boat, the<i>Carlo Magno</i>, that was already en route to Egypt from the Red Sea, a few days away. The<i>Alp Guard</i>, a Dutch behemoth with 280 tons of pulling power, was also days out.</p>\n<p>Elsayed was now living on the<i>Ever Given</i>. He and Rabie, who was staying on a dredger, spent much of their time on the radio, trying to keep their crews’ spirits up. None of the SCA’s sailors, engineers, and drivers were getting much sleep in the army tents that had been erected alongside the canal. After an exhausting day spent attaching cables, squeezing extra turns of power out of engines, or operating excavators, they might discover that the<i>Ever Given</i>had shifted only a meter. “This is a good sign,” Elsayed would tell them. “It moved. Tomorrow it will be more.”</p>\n<p>Privately, he was terrified someone would get hurt. Elsayed also had a son working on one of the tugs. During the tug shifts, as many as five of the SCA’s smaller craft would line up with their noses pushing against the<i>Ever Given</i>’s side, trying to lever out the bow, while others pulled using cables. If the ship was suddenly dislodged, the smaller boats would be scattered like toys, risking a fatal accident. Then there was the risk that the<i>Ever Given</i>’s bow could swing sideways and collide with the opposite bank, going straight from one grounding to another. Elsayed asked the ship’s crew to run four 100-meter ropes out to land, where they could be anchored to stop the bow from moving out too far if it suddenly came free. He hoped that would be enough.</p>\n<p>The<i>Alp Guard</i>roared into view on Sunday, March 28, almost six days after the<i>Ever Given</i>got stuck. There was a supermoon that night, a full moon unusually close to Earth, and its gravity would pull the Red Sea’s tide to the highest it had been, or would be, for weeks. If the salvage crews were going to free the<i>Ever Given</i>without unloading it, this was the moment.</p>\n<p>Then Elsayed proposed a novel idea: Instead of using the tugs only at high tide, they could also pull as the tide went out, hoping the current would help bring the<i>Ever Given</i>clear. It wasn’t quite established salvage wisdom, which favors high water over tidal movement, but having battled the current for days, Elsayed and his team thought it might work.</p>\n<p>The waters peaked at midnight. In the early hours of March 29, crewmen ran a cable from the ship to the<i>Alp Guard</i>. The tug was so powerful that they needed to coil the cable around four metal bollards set in the<i>Ever Given</i>’s hull to prevent the anchor points from fracturing under the strain. Then the<i>Alp Guard</i>began to pull.</p>\n<p>As dawn broke with the tide low, some of the tug captains realized they were no longer treading water. They were moving, very slowly. The back end of the<i>Ever Given</i>was drifting silently, inch by inch, away from the bank. The bow remained anchored in the sand, but the ship was only half stuck.</p>\n<p>The second large tug, the<i>Carlo Magno</i>, arrived soon after and joined the<i>Alp Guard</i>in pulling from the rear. For hours, both tugs went flat out, whipping the water into white froth. But they were now working against the tide. They quit at lunchtime, having made no visible progress.</p>\n<p>Then the SMIT team suggested the<i>Ever Given</i>take on 2,000 tons of ballast water in its stern, to lift its bow a few extra inches out of the silt. At about 2 p.m., Elsayed ordered all the tugs to try again. The tide had turned, becoming their ally. As he’d suspected, it was just enough.</p>\n<p>Elsayed was on the<i>Ever Given</i>’s bridge with Captain Kanthavel when the bow began to move, slowly at first, then all at once. The chief pilot could hear his tug captains yelling over the radio. As the ship drew away from the bank, one of the ropes binding the bow to the shore snapped, making a sound like a rifle shot. Then another. Then another. But the final one held, just long enough to stop the<i>Ever Given</i>from swinging across the channel. Elsayed asked Kanthavel to power up the engines and get the ship on a steady course so it could safely pass the salvage vessels ahead.</p>\n<p>At the sight of the<i>Ever Given</i>moving under its own steam, the tug crews cheered and sounded their horns. On the bridge, the Indian officers whooped and embraced the SMIT salvors. Rabie called President Sisi to give him the good news.</p>\n<p>Elsayed allowed himself the briefest moment of celebration. “<i>Al-Hamdulillah</i>,” he murmured: All praise be to God. He posed reluctantly for some photographs, then got back to work. More than 400 ships were waiting to enter the canal.</p>\n<p>The rest of the world swiftly lost interest in Suez once the<i>Ever Given</i>was freed. But for Elsayed and his pilots, the crisis was far from over. A significant proportion of international trade was riding on getting the backlogged vessels cleared. The SCA team worked day and night to move them through, transiting as many as 80 ships daily. Elsayed knew that having tired, overworked pilots on the job increased the risk of accidents, but felt he had little choice. A few days after the<i>Ever Given</i>was freed, an SCA boat sank and an employee died, illustrating the dangers of working in a marine chokepoint under severe strain.</p>\n<p>Clearing the queue took six days. Afterward, Elsayed returned to his home in Alexandria to see his family, his first break in more than two weeks.</p>\n<p>In The Hague, Svendsen, the APM Terminals executive, had been preparing for a huge wave of cargo, trying to boost capacity any way he could. The company had agreed with unions to extend working hours, deferred maintenance that would take cranes out of action, and cleared storage space to accommodate thousands of extra containers. Rushing cargo through would reduce APM’s already slim margin for error. “It’s like a<i>Tetris</i>game where there’s no blank space,” Svendsen said.</p>\n<p>The biggest problem emerged in Valencia, in southern Spain. The port’s storage areas were already mostly full, piled with Spanish goods awaiting shipment. As containers came in, the volume of boxes became unmanageable. For a time, APM had to activate a last-resort option, telling customers it could take in outgoing wares only just before they were scheduled to be loaded onto a ship. It would require a month of 24/7 shifts to bring the Valencia terminal back toward normal.</p>\n<p>None of this received much attention in the international press. On social media, people bemoaned the loss of a welcome distraction from Covid-19.#PutItBacktrended on Twitter. For most, the Suez Canal went back to being a largely invisible fulcrum of global trade. Within the shipping industry, though, after the euphoria of the rescue operation faded, the conversation turned to blame. Who was at fault for the crash? And who would pay for the physical and economic damage?</p>\n<p>Captain Kanthavel and his crew were still on board the<i>Ever Given</i>, waiting for permission from Egyptian authorities to leave. The ship was anchored in the Great Bitter Lake—a desert salt bed for most of its history, until the canal’s flow transformed it into a waiting area for marine traffic. Although Kanthavel hadn’t spoken publicly, he had good reason to be anxious. After a major maritime accident, captains can expect a forensic examination of their actions. (Bernhard Schulte Shipmanagement, the company that provided the<i>Ever Given</i>’s crew, said in a statement about Kanthavel that it “maintains absolute confidence in our Master, who has acted with professionalism and diligence throughout this period.”)</p>\n<p>On April 13, the SCA secured an Egyptian court order to “arrest,” or seize, the<i>Ever Given</i>. The agency said it was seeking almost $1 billion from the ship’s owner, Shoei Kisen Kaisha, which declined to comment for this article. In legal filings, the SCA argued that it had led a “unique and unprecedented operation” to free the ship and should be paid for its efforts, placing them at $272 million in expenses, a salvage bonus of $300 million, and a further $344 million in damages, including “moral losses.” Until the debt was cleared, the<i>Ever Given</i>, its cargo, and its crew wouldn’t be going anywhere.</p>\n<p>On May 22, lawyers for the SCA and Shoei Kisen Kaisha gathered for a hearing in a crowded courtroom in Ismailia. A great deal was at stake, for a great number of parties. If the SCA’s nearly $1 billion claim was ever paid, the liability would likely fall not to the Japanese company but to a collection of marine insurance conglomerates all over the world. Each would want a say in any settlement. There were also more than 17,000 cargo containers still stuck in the Great Bitter Lake. Nike and Lenovo had sent lawyers to Ismailia to monitor the proceedings.</p>\n<p>That morning, the courthouse was abuzz with news that the<i>Ever Given</i>’s owner had brought in a prominent attorney from Alexandria, Ashraf El Swefy, to stand up to the SCA’s demands. The hearing got under way at 11 a.m. About a dozen lawyers jostled around a lectern in front of four judges, standing shoulder to shoulder as if waiting for a halftime pep talk. They took turns speaking, each following the same theatrical routine. First, an attorney would come up, state his name, and set out his client’s case, building to a crescendo that involved shouting and waving his hands. Then everyone would talk at once, until the next lawyer found his way to the lectern and the process restarted.</p>\n<p>The SCA’s lawyer argued that the authority had saved the<i>Ever Given</i>almost singlehandedly. A billion dollars wasn’t so much to ask. “If it were not for the refloating operation, we could have witnessed a catastrophe,” he said in Arabic. The call to prayer drifted in through an open window as he spoke.</p>\n<p>Soon it was El Swefy’s turn. He was much older than the rest, hunched and with slightly trembling hands. Although the other attorneys towered over him, he had obvious gravitas.</p>\n<p>No one could doubt the heroism of the SCA, El Swefy said slowly. But his praise was the prelude to a surprise attack. He explained that Shoei Kisen Kaisha had tried and failed to negotiate a settlement with the agency. In light of the SCA’s resistance, he said, he had no choice but to submit recordings from the<i>Ever Given</i>’s voyage data recorder into evidence. What they revealed was “chaos,” he said. “Enter, no don’t enter, the wind is high, the wind isn’t high.” The pilots got into an argument and were “calling each other names,” in an exchange so heated one of them threatened to leave the ship, according to El Swefy. It was the first time anyone had publicly suggested the SCA’s actions might have contributed to the accident.</p>\n<p>El Swefy professed, as a proud Egyptian, to be making this argument reluctantly. “I didn’t want to say this, and I’m ashamed to say it,” he said. “This waterway belongs to all of us.”</p>\n<p>When he went outside afterward, reporters crowded him. He unhooked his face mask and patiently lit a cigarette with one hand, talking into a cellphone with the other. He declined to comment when approached by<i>Bloomberg Businessweek</i>. “I have a principle,” he said in English. “All my statements are made in front of the court.” Would the full transcript of the VDR audio be made public? “Not by me,” he replied.</p>\n<p>In the end, the judges kicked the case to another court. The SCA has reduced its claim to about $550 million, and as this story went to press, the<i>Ever Given</i>’s insurers announced they’d reached an “agreement in principle” to resolve the dispute, without disclosing its terms. Even if that deal is finalized, a protracted legal battle may still take place beyond Egypt. In London’s admiralty courts, where most big-money marine cases are decided, Shoei Kisen Kaisha has filed an application to limit its maximum liability from any lawsuits. The filing lists 16 entities that might seek damages, most of them the owners of other vessels stalled in Suez during the blockage. There could also be fights over financial responsibility among the owner, its insurers, and their reinsurers, who protect insurers against excess claims. The merry-go-round of litigation might drag on for years, to the delight of London’s legal industry and probably no one else.</p>\n<p>Captain Kanthavel and his crew have now been floating in the Great Bitter Lake for about three months. According to theInternational Transport Workers’ Federation, a coalition of unions, they are still receiving their pay and are amply provisioned. Nine have been allowed to return to India. Seafarers’ groups are nonetheless anxious about their welfare; at one point, the Indian maritime union said it was concerned they could be “held to ransom,” becoming bargaining chips in negotiations that had nothing to do with them. Thepotential settlement is, therefore, excellent news for the crew. Once it’s complete, they and the vessel should be able to leave.</p>\n<p>In a meeting with<i>Businessweek</i>at the SCA’s headquarters in May, Elsayed reflected on his role in this peculiar moment of nautical history. In the navy, he’d studied Operation Badr, an ingenious plan to move Egyptian forces across Suez in just six hours, allowing them to surprise Israeli troops and start the 1973 Yom Kippur War. He hadn’t quite matched that pace, but the SCA had managed to refloat the<i>Ever Given</i>in six days. “It’s the same,” he said, laughing.</p>\n<p>Night had fallen by the time Elsayed offered to lead his visitors on a tour of the SCA control tower. Outside, the canal was a dark expanse, fringed by twinkling lights along the shore. It was empty: The next convoy wasn’t due to depart for a few more hours. Above the CCTV feeds, a digital map of the entire route was spread across 10 large monitors. Elsayed pointed to a yellow blob in the Great Bitter Lake, motionless on the screen, and said, “See the<i>Ever Given</i>?” —<i>With Ann Koh</i></p>\n<p></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>The Inside Story of the Sideways Ship That Broke Global Trade</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\">\nThe Inside Story of the Sideways Ship That Broke Global Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 14:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2021-06-24/how-the-billion-dollar-ever-given-cargo-ship-got-stuck-in-the-suez-canal><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Captain Krishnan Kanthavel watched the sun rise over the Red Sea through a dusty haze. Winds of more than 40 mph, whipping off the Egyptian desert, had turned the sky an anemic yellow. From his ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2021-06-24/how-the-billion-dollar-ever-given-cargo-ship-got-stuck-in-the-suez-canal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/features/2021-06-24/how-the-billion-dollar-ever-given-cargo-ship-got-stuck-in-the-suez-canal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111854478","content_text":"Captain Krishnan Kanthavel watched the sun rise over the Red Sea through a dusty haze. Winds of more than 40 mph, whipping off the Egyptian desert, had turned the sky an anemic yellow. From his viewpoint on the bridge, it was just possible to see the dark outlines of the 19 other vessels anchored in Suez Bay, waiting for their turn to enter the narrow channel snaking inland toward the Mediterranean.\nKanthavel’s container vessel was scheduled to be the 13th ship traveling north through the Suez Canal on March 23, 2021. His was one of the largest in the queue. It was also one of the newest and most valuable, only a few years out of the shipyard.Ever Given, the name painted in block letters on its stern, stood out in crisp white against the forest-green hull. Soon after daybreak, a small craft approached, carrying the local pilots who’d guide the ship during its 12-hour journey between the seas.\nTransiting the Suez Canal is sometimes nerve-racking. The channelsaves a three-week detouraround Africa, but it’s narrow, about 200 meters (656 feet) wide in parts, and just 24 meters deep. Modern ships, by contrast, aremassive and getting bigger. TheEver Givenis 400 meters from bow to stern and nearly 60 meters across—most of the width of a Manhattan city block, and almost as long as the Empire State Building is high. En route from Malaysia to the Netherlands, it was loaded with about 17,600 brightly colored containers. Its keel would be only a few meters from the canal bottom. That didn’t leave much room for error.\nAfter climbing aboard, the two Egyptian pilots were led up to the bridge to meet the captain, officers, and helmsmen, all of them Indian, like the rest of the crew. According to documents filed weeks later in an Egyptian court, there was a dispute at some point about whether the ship should enter the canal at all, given the bad weather—a debate that may have been hampered by the fact that English was neither side’s first language. At least four nearby ports had already closed because of the storm, and a day earlier the captain of a natural gas carrier sailing from Qatar had decided it was too gusty to traverse Suez safely.\nLike airplanes, modern ships carry voyage data recorders, or VDRs, black-box devices that capture conversations on the bridge. The full recording of what transpired on theEver Given’s bridge hasn’t been released by the Egyptian government, so it isn’t clear exactly what the pilots and crew said about the conditions. But the commercial pressures on Captain Kanthavel, an experienced mariner from Tamil Nadu, in India’s far south, would have been enormous. His ship was carrying roughly $1 billion worth of cargo, includingIkeafurniture,Nikesneakers,Lenovolaptops, and 100 containers of an unidentified flammable liquid.\nSeveral other corporate entities also had an interest in getting theEver Given’s containers speedily to Europe. Among them was its owner,Shoei Kisen Kaisha Ltd., a shipping concern controlled by a wealthy Japanese family, andEvergreen Group, a Taiwanese conglomerate that operated it under a long-term charter. The crew, meanwhile, worked forBernhard Schulte Shipmanagement, a German company that supplies sailors for commercial vessels and oversees their operations. Every day’s delay would add tens of thousands of dollars in costs, if not more.\nVeteran captains say they often don’t have much choice about sailing into Suez in poor conditions. “Do it, or we’ll find someone else who will,” they’re sometimes told. But modern ships have radar and electronic sensors that technically allow the canal to be navigated even in zero visibility. And Kanthavel, whom a former colleague describes as a calm, confident officer, had ample experience navigating Suez.\nFrom the bridge, Kanthavel could see about a half-mile ahead. Other vessels in the northbound convoy were on the move, gliding past the tall cranes at the canal’s mouth. The captain could still have refused to proceed, but with an all-clear from the agency that manages the waterway, and with everyone eager to get going, he carried on. The lead Egyptian pilot leaned into his radio and had a brief conversation in Arabic between bursts of static. Then he instructed the bridge crew to power forward. As the scattered settlements around the port gave way to bare desert, theEver Givencruised past a large sign that read, “Welcome to Egypt.”\nSuez pilots are employed by theSuez Canal Authority, which has operated the route since the Egyptian government took control of it in 1956. Often former naval officers, the pilots don’t physically steer transiting ships themselves. Their job is to give instructions to captains and helmsmen, communicate with the rest of the convoy and the SCA control tower, and ensure that the vessels get through safely, which they mostly do.\nFor some visitors, though, encounters with the SCA can be a source of stress. Although the captain remains technically in charge, he or she surrenders a good deal of control to strangers in uniform, whose professionalism and competence vary. In addition to pilots, SCA electricians, mooring specialists, and health inspectors may also come on board. Each one requires paperwork, food, space, and supervision. They may also demand cartons of cigarettes, a problem that prompted a maritime anti-corruption group in 2015 to create a “Say No” campaign, urging shipping lines to refuse to hand any over. (The SCA has in the past denied such allegations.)\nChris Gillard sailed the canal about once a month from 2008 through 2019 as an officer with his former employer, Danish shipping giantA.P. Moller-Maersk A/S. Between the pilots and the navigation challenges, he came to dread the crossing. “I’d rather have a colonoscopy than go through the Suez,” he said in an interview. The situation has improved in recent years, but the dynamic can still be fraught.\nA few miles into theEver Given’s transit, the ship began to veer alarmingly from port to starboard and back again. Its blocky shape may have been acting as a gigantic sail, buffeted by the wind. In response, according to evidence submitted in legal proceedings, the lead SCA pilot began barking instructions at the Indian helmsman. The pilot shouted to steer hard right, then hard left. TheEver Given’s vast hull took so long to respond that by the time it began to move, he needed to correct course again. When the second pilot objected, the two argued. They may have exchanged insults in Arabic. (The SCA hasn’t released the pilots’ names and denies they were at fault for what followed.)\nThe lead pilot then gave a new order: “Full ahead.” That would take theEver Given’s speed to 13 knots, or 15 mph, significantly faster than the canal’s recommended speed limit of about 8 knots. The second pilot tried to cancel the order, and more angry words were exchanged. Kanthavel intervened, and the lead pilot responded by threatening to leave the vessel, according to the court evidence.\nThe increase in power should have provided theEver Givenwith more stability in the face of the gale, but it also brought a new factor into play. Bernoulli’s principle, named for an 18th century Swiss mathematician, states that a fluid’s pressure goes down when its speed goes up. The hundreds of thousands of tons of canal water the ship was displacing had to squeeze through the narrow gap between its hull and the nearest shore. As the water rushed through, the pressure would have decreased, sucking theEver Givencloser to the bank. The faster it went, the greater the pull. “Speeding up to a certain point is effective, then it becomes countereffective,” Gillard said. “You won’t be steering a straight line no matter what you do.”\nSuddenly, it became clear theEver Givenwas going to crash. Although no footage of the incident has been made public, the final few seconds would have unfolded with the horrible slowness of a collapsing building—a gigantic object surrendering to invisible forces. According to a person familiar with the VDR audio, Captain Kanthavel reacted as anyone might in the same situation. “Shit!” he screamed.\nConsider every item within 10 feet of you right now. Shoes, furniture, toys, pens, phones, computers—if you live in Europe or North America, there’s a very good chance they sailed through the Suez Canal. The canal is theessential linkbetween East and West, a dichotomy that lodged in the popular imagination centuries ago in part because of the difficulty in crossing from one to the other. Before it existed, mariners had to brave pirates and violent storms by sailing around the Cape of Good Hope, while merchants traveling on land risked robbery or worse as they crossed the desert.\nThe idea of a direct route across the Suez isthmus was dismissed as a fantasy until the 19th century, when it was taken up by a cross-dressing French wine merchant named Barthélemy-Prosper Enfantin. A utopian socialist and early advocate of gender equality, Enfantin believed the East had a female essence, while the West was intrinsically male. Egypt, and specifically Suez, could be their “nuptial bed,” the site of a reconciliation between the world’s great cultures.\nEnfantin’s ideas reached Ferdinand de Lesseps, a French diplomat serving in Cairo, who rallied to the cause. Eventually, Lesseps founded an entity called the Suez Canal Company and persuaded Egyptian ruler Sa’id Pasha and Emperor Napoleon III of France to support the project. The government of Egypt bought 44% of the shares, with French retail investors acquiring the bulk of the rest. Tens of thousands of Egyptian peasants began digging out the channel by hand, later assisted by machines imported from Europe.\nIn 1869, the 120-mile miracle in the desert was complete. It soon became a vital commercial artery, particularly for European powers expanding their colonial empires in Asia. Egyptians saw few of the benefits. The canal’s construction proved financially ruinous for the country, and it was forced to sell its shares to the British government to satisfy creditors. Then, in 1882, Britain used a nationalist uprising as a pretext to send more than 30,000 troops into Egypt, turning it into a client state and seizing the canal. Suez had become an asset the European powers couldn’t afford to lose.\nAnger at this act of imperial aggression festered, and in 1956 the Egyptian leader Gamal Abdel Nasser nationalized the waterway. An Anglo-French attempt to take it back with support from Israel was a humiliating failure, collapsing after President Dwight Eisenhower made it clear that the U.S. wouldn’t tolerate the recolonization of a chunk of the Middle East. From then on, the canal would remain in Egyptian hands. In 2015, President Abdel Fattah El-Sisi opened an$8.5 billion expansion, increasing capacity and cutting transit times. Billboards in Cairo declared that it was “Egypt’s gift to the world.”\nToday 19,000 vessels a year pass through the canal, loaded with more than a billion tons of goods. With tolls that can run as high as $1 million for the largest ships, the SCA brings Egypt about $5 billion annually. The country’s government is understandably proud of its central role in maritime trade. It’s also touchy about any suggestion that it’s not an ideal custodian for one of the world economy’s most critical assets.\n“I’d rather have a colonoscopy than go through the Suez”\nEarly on March 23, Captain Mohamed Elsayed Hassanin was just starting his shift in the control tower atop the SCA’s headquarters in Ismailia, about 50 miles north of theEver Given’s position. As pilots radioed in to say that ship No. 13 in the northbound convoy had run aground, the results, captured by the CCTV cameras that line the waterway, were being displayed on a flickering monitor in front of Elsayed’s command post. No one in the control tower had ever seen anything like it: The vessel was wedged diagonally across the channel. When the camera zoomed in, Elsayed could see the forlorn figure of Kanthavel standing on theEver Given’s bridge.\nA former navy captain, Elsayed is a stern man who takes his job as chief pilot seriously. He’d been promoted to the position two years earlier, after almost 40 years of maritime experience and a decade at the SCA. He has smooth features, with deep lines around his eyes, and wears a pressed white uniform with black and gold epaulettes, spotless down to his white shoes.\nElsayed oversees four convoys daily, two from the south and two from the north. Part of his job is nautical choreography. More than half of the canal is too narrow for large ships to safely pass each other. That’s why vessels travel in convoys, waiting in one of the lakes or side channels for the group going the other way to pass.\nIt was clear, Elsayed said in an interview, that theEver Givenwas stuck in one of the worst possible spots: a one-way section of the canal. He decided to take a look for himself. After a short car trip, he boarded a small boat and pulled up to the cargo ship. Even for someone accustomed to huge merchant vessels, theEver Given’sscalewas striking. It reminded Elsayed of a metal mountain, rising from the opalescent channel.\nBelow the waterline, the bulbous bow had been driven like a dagger deep into the rocks and coarse sand. Somehow, the back end had also run aground, lodging in the opposite bank and leaving the ship at a 45-degree angle to the shore. Nothing could pass. The force of the impact had also pushed the bow upward by six meters. Container ships aren’t designed to sit on an angle, and with theEver Given’s weight distribution thrown off and only a few meters of water supporting the vessel’s middle section, Elsayed thought there was a real possibility it would break in half.\nA couple of SCA tugboats were already at the scene, and divers were in the water checking for hull damage. Elsayed scaled a ladder to meet Kanthavel on the bridge. The captain was visibly shaken, and Elsayed tried to keep him calm. “Everything will be solved,inshallah,” he said.\nHe asked Kanthavel about theEver Given’s hull, the weight of its cargo, and the amount of water in its ballast tanks. If they could lighten its load, the extra buoyancy might help lift it off the bank. Elsayed did some quick mental arithmetic. The ratio of tonnage to flotation was 201 tons for each centimeter. Getting the vessel one meter out of the water would require removing more than 20,000 tons of cargo—an enormous undertaking even if the SCA could find a crane tall enough to reach containers piled more than 50 meters above the surface.\nThe two tugs attached cables to theEver Givenand began trying to drag it free, their engines churning the water into spirals. The ship didn’t budge. Elsayed and his boss, SCA Chairman Osama Rabie, improvised a plan: They would run 12-hour shifts, alternating between excavators on shore removing the rocky soil around the bow and stern, and tugboats pulling with as much horsepower as possible. The diggers would gouge downward during low tide. The tugs would exploit the additional buoyancy provided by high tide to tow. To help the excavators, Elsayed summoned two SCA dredgers, floating barges with spinning metal teeth that could be lowered into the water to chew up the canal bed. They were due to arrive later that day.\nFirst on the scene was a single yellow digger, sent by a contractor working nearby. The driver approached nervously and started scraping scoopfuls of rocky earth from around the bow. He was terrified, according to an interview he later gave withInsider, that the metal behemoth looming over him would topple or shift, crushing him. The comical size mismatch was captured by the SCA’s communications team, which had a photographer on hand to show the world the authority was doing all it could to get the canal open again. Theimage of the lonely excavatorwent viral, and for the first time in its history, Suez was both a vital commercial passage and a meme.\nAfter giving their account of the accident to Elsayed, the two SCA pilots who’d been on theEver Given’s bridge prepared to disembark. As they did so they continued to bicker, according to lawsuit evidence that’s disputed by the SCA. “These vessels are not supposed to enter,” the lead pilot said.\n“Why did you let it enter?” his colleague responded.\nKeith Svendsen was driving to work when his mobile phone rang. One of his colleagues fromAPM Terminals, a Netherlands-based operator of container ports, was on the line with news. Details were scant, but there was some kind of trouble in Suez. Staff at Maersk, APM’s parent company, were rushing to find out more.\nIf shipping conglomerates like Evergreen Group keep ocean trade moving, APM provides a link between land and sea, loading and unloading about 32,000 ships a year in Los Angeles, Mumbai, Gothenburg, and some 70 other locations, day and night, in an unceasing ballet of cranes and metal boxes. It also co-ownsTanjung Pelepas, the Malaysian port that was theEver Given’s last stop before Suez.\nAs Svendsen, a plain-spoken Dane who serves as APM’s chief operating officer, arrived at his office in The Hague, he wasn’t overly concerned. Mishaps in Suez weren’t uncommon and could usually be resolved within hours. In three decades as a seafarer and shipping executive, he’d dealt with more than a few close calls, some in that very waterway. They usually worked themselves out.\nIt was soon apparent to Svendsen, though, that theEver Given’s accident was well out of the ordinary and would have serious repercussions. Like car manufacturing and supermarket distribution, modern cargo shipping is a just-in-time business, built around the expectation that goods will arrive precisely when needed. Before containers were widely adopted in the 1970s, it could take a week or more to empty a large ship and then refill it. Today, vessels carrying 10,000 containers or more might spend just hours in a given port, unloaded by automated cranes guided by sophisticated planning algorithms. It’s an efficient model, saving on storage and inventory, but a fragile one. It takes only a single problem in the supply chain for everything to seize up.\nA prolonged closure of Suez risked a cascade of delays that would be felt in day-to-day commerce by millions of people, if not billions, for months. A vessel missing its scheduled arrival at APM’s terminal in New Jersey wouldn’t just create a problem for the American companies waiting for its cargo. It would also mean a pileup of all the containers the ship was supposed to pick up for export. And, half a world away, factories in China or Malaysia counting on the same vessel to pick up their goods weeks later would need to find alternative options—which, given the disruption, might not exist.\nAPM convened a crisis management team and started planning for various scenarios. What would happen to its ports if the canal was closed for 24 hours? Three days? Two weeks? Each increment of delay meant more vessels and cargo waiting to get through, unless they took a detour of thousands of nautical miles.\n“Our job was to find out when we’d have a breaking point situation,” Svendsen said in an interview. Two weeks would be a disaster for world trade, the team concluded. Anything less than a week would be manageable, if challenging. Svendsen could only hope that someone would pull theEver Givenclear before then.\nAs the ship drew away from the bank, one of the ropes binding the bow to the shore snapped. Then another. Then another\nSoon after the grounding, an engineer on a Maersk ship directly behind theEver Givenin the northbound convoy took a striking photograph of the vessel, side-on in the channel against the apocalyptic backdrop of a sandstorm. “Looks like we might be here for a little bit,” she wrote, posting the image on Instagram.\nIt took about 24 hours for the SCA to release its first public statement, in which it said theEver Givenhad lost control in bad weather. Evergreen, which declined to make any of its executives available for an interview, blamed a “suspected sudden strong wind,” while one local maritime agent cited a “blackout.” By the end of the day on March 24, 185 vessels were anchored nearby waiting to pass, carrying electronics, cement, water, millions of barrels of oil, and several thousand head of livestock. A shipping journal estimated that $10 billion worth of marine traffic per day was piling up.\nHelp was on its way from Europe: AteamfromSMIT Salvage, part of the Dutch marine conglomerateRoyal Boskalis Westminster NV, had been hired by theEver Given’s owners in Japan. Salvors are like a 24/7 rescue service for the high seas. When a cruise liner starts to sink or an oil tanker is set alight, salvage crews rush to the scene to recover people, cargo, and equipment. It’s one of the world’s most adrenaline-soaked professions, and salvors employ all manner ofThunderbirds-style vehicles to get the job done, including helicopters and high-powered tugs with names likeSea StallionandNordic Giant. The business can be extremely lucrative. Under standard terms, crews receive a percentage of the value of whatever they rescue, potentially earning tens of millions of dollars. Fail, and they may get nothing.\nAfter the SMIT team arrived on March 25, its members surveyed theEver Givenand then met Elsayed and his SCA colleagues on board. SMIT was there to advise, not take over, because Suez salvage operations fall under the SCA’s jurisdiction. But the Dutch experts had a plan. If towing didn’t work, they told Elsayed over the course of several meetings, it would be critical to lighten the ship. They’d already located a crane that was tall enough to reach theEver Given’s deck and capable of removing five containers an hour, load by painstaking load, until the vessel was 10,000 tons lighter. The crane could be there the following week. They just needed to charter a vessel to sail it in.\n“Where are you going to put the containers?” Elsayed asked. A SMIT executive said they’d be offloaded to a smaller boat, which would go to a lake a few miles up the canal, to be transferred by yet another crane to yet another boat. Elsayed thought that would take at least three months. “We don’t have time,” he said. SMIT argued it was prudent to have a backup option. Eventually everyone agreed that they should keep dredging and towing until the giant crane arrived. If there was no movement by then, they wouldstart taking boxes off.\nSMIT put out a call to its partners and contractors, seeking the most powerful tugs they could find. The available ones included a sizable Italian-owned boat, theCarlo Magno, that was already en route to Egypt from the Red Sea, a few days away. TheAlp Guard, a Dutch behemoth with 280 tons of pulling power, was also days out.\nElsayed was now living on theEver Given. He and Rabie, who was staying on a dredger, spent much of their time on the radio, trying to keep their crews’ spirits up. None of the SCA’s sailors, engineers, and drivers were getting much sleep in the army tents that had been erected alongside the canal. After an exhausting day spent attaching cables, squeezing extra turns of power out of engines, or operating excavators, they might discover that theEver Givenhad shifted only a meter. “This is a good sign,” Elsayed would tell them. “It moved. Tomorrow it will be more.”\nPrivately, he was terrified someone would get hurt. Elsayed also had a son working on one of the tugs. During the tug shifts, as many as five of the SCA’s smaller craft would line up with their noses pushing against theEver Given’s side, trying to lever out the bow, while others pulled using cables. If the ship was suddenly dislodged, the smaller boats would be scattered like toys, risking a fatal accident. Then there was the risk that theEver Given’s bow could swing sideways and collide with the opposite bank, going straight from one grounding to another. Elsayed asked the ship’s crew to run four 100-meter ropes out to land, where they could be anchored to stop the bow from moving out too far if it suddenly came free. He hoped that would be enough.\nTheAlp Guardroared into view on Sunday, March 28, almost six days after theEver Givengot stuck. There was a supermoon that night, a full moon unusually close to Earth, and its gravity would pull the Red Sea’s tide to the highest it had been, or would be, for weeks. If the salvage crews were going to free theEver Givenwithout unloading it, this was the moment.\nThen Elsayed proposed a novel idea: Instead of using the tugs only at high tide, they could also pull as the tide went out, hoping the current would help bring theEver Givenclear. It wasn’t quite established salvage wisdom, which favors high water over tidal movement, but having battled the current for days, Elsayed and his team thought it might work.\nThe waters peaked at midnight. In the early hours of March 29, crewmen ran a cable from the ship to theAlp Guard. The tug was so powerful that they needed to coil the cable around four metal bollards set in theEver Given’s hull to prevent the anchor points from fracturing under the strain. Then theAlp Guardbegan to pull.\nAs dawn broke with the tide low, some of the tug captains realized they were no longer treading water. They were moving, very slowly. The back end of theEver Givenwas drifting silently, inch by inch, away from the bank. The bow remained anchored in the sand, but the ship was only half stuck.\nThe second large tug, theCarlo Magno, arrived soon after and joined theAlp Guardin pulling from the rear. For hours, both tugs went flat out, whipping the water into white froth. But they were now working against the tide. They quit at lunchtime, having made no visible progress.\nThen the SMIT team suggested theEver Giventake on 2,000 tons of ballast water in its stern, to lift its bow a few extra inches out of the silt. At about 2 p.m., Elsayed ordered all the tugs to try again. The tide had turned, becoming their ally. As he’d suspected, it was just enough.\nElsayed was on theEver Given’s bridge with Captain Kanthavel when the bow began to move, slowly at first, then all at once. The chief pilot could hear his tug captains yelling over the radio. As the ship drew away from the bank, one of the ropes binding the bow to the shore snapped, making a sound like a rifle shot. Then another. Then another. But the final one held, just long enough to stop theEver Givenfrom swinging across the channel. Elsayed asked Kanthavel to power up the engines and get the ship on a steady course so it could safely pass the salvage vessels ahead.\nAt the sight of theEver Givenmoving under its own steam, the tug crews cheered and sounded their horns. On the bridge, the Indian officers whooped and embraced the SMIT salvors. Rabie called President Sisi to give him the good news.\nElsayed allowed himself the briefest moment of celebration. “Al-Hamdulillah,” he murmured: All praise be to God. He posed reluctantly for some photographs, then got back to work. More than 400 ships were waiting to enter the canal.\nThe rest of the world swiftly lost interest in Suez once theEver Givenwas freed. But for Elsayed and his pilots, the crisis was far from over. A significant proportion of international trade was riding on getting the backlogged vessels cleared. The SCA team worked day and night to move them through, transiting as many as 80 ships daily. Elsayed knew that having tired, overworked pilots on the job increased the risk of accidents, but felt he had little choice. A few days after theEver Givenwas freed, an SCA boat sank and an employee died, illustrating the dangers of working in a marine chokepoint under severe strain.\nClearing the queue took six days. Afterward, Elsayed returned to his home in Alexandria to see his family, his first break in more than two weeks.\nIn The Hague, Svendsen, the APM Terminals executive, had been preparing for a huge wave of cargo, trying to boost capacity any way he could. The company had agreed with unions to extend working hours, deferred maintenance that would take cranes out of action, and cleared storage space to accommodate thousands of extra containers. Rushing cargo through would reduce APM’s already slim margin for error. “It’s like aTetrisgame where there’s no blank space,” Svendsen said.\nThe biggest problem emerged in Valencia, in southern Spain. The port’s storage areas were already mostly full, piled with Spanish goods awaiting shipment. As containers came in, the volume of boxes became unmanageable. For a time, APM had to activate a last-resort option, telling customers it could take in outgoing wares only just before they were scheduled to be loaded onto a ship. It would require a month of 24/7 shifts to bring the Valencia terminal back toward normal.\nNone of this received much attention in the international press. On social media, people bemoaned the loss of a welcome distraction from Covid-19.#PutItBacktrended on Twitter. For most, the Suez Canal went back to being a largely invisible fulcrum of global trade. Within the shipping industry, though, after the euphoria of the rescue operation faded, the conversation turned to blame. Who was at fault for the crash? And who would pay for the physical and economic damage?\nCaptain Kanthavel and his crew were still on board theEver Given, waiting for permission from Egyptian authorities to leave. The ship was anchored in the Great Bitter Lake—a desert salt bed for most of its history, until the canal’s flow transformed it into a waiting area for marine traffic. Although Kanthavel hadn’t spoken publicly, he had good reason to be anxious. After a major maritime accident, captains can expect a forensic examination of their actions. (Bernhard Schulte Shipmanagement, the company that provided theEver Given’s crew, said in a statement about Kanthavel that it “maintains absolute confidence in our Master, who has acted with professionalism and diligence throughout this period.”)\nOn April 13, the SCA secured an Egyptian court order to “arrest,” or seize, theEver Given. The agency said it was seeking almost $1 billion from the ship’s owner, Shoei Kisen Kaisha, which declined to comment for this article. In legal filings, the SCA argued that it had led a “unique and unprecedented operation” to free the ship and should be paid for its efforts, placing them at $272 million in expenses, a salvage bonus of $300 million, and a further $344 million in damages, including “moral losses.” Until the debt was cleared, theEver Given, its cargo, and its crew wouldn’t be going anywhere.\nOn May 22, lawyers for the SCA and Shoei Kisen Kaisha gathered for a hearing in a crowded courtroom in Ismailia. A great deal was at stake, for a great number of parties. If the SCA’s nearly $1 billion claim was ever paid, the liability would likely fall not to the Japanese company but to a collection of marine insurance conglomerates all over the world. Each would want a say in any settlement. There were also more than 17,000 cargo containers still stuck in the Great Bitter Lake. Nike and Lenovo had sent lawyers to Ismailia to monitor the proceedings.\nThat morning, the courthouse was abuzz with news that theEver Given’s owner had brought in a prominent attorney from Alexandria, Ashraf El Swefy, to stand up to the SCA’s demands. The hearing got under way at 11 a.m. About a dozen lawyers jostled around a lectern in front of four judges, standing shoulder to shoulder as if waiting for a halftime pep talk. They took turns speaking, each following the same theatrical routine. First, an attorney would come up, state his name, and set out his client’s case, building to a crescendo that involved shouting and waving his hands. Then everyone would talk at once, until the next lawyer found his way to the lectern and the process restarted.\nThe SCA’s lawyer argued that the authority had saved theEver Givenalmost singlehandedly. A billion dollars wasn’t so much to ask. “If it were not for the refloating operation, we could have witnessed a catastrophe,” he said in Arabic. The call to prayer drifted in through an open window as he spoke.\nSoon it was El Swefy’s turn. He was much older than the rest, hunched and with slightly trembling hands. Although the other attorneys towered over him, he had obvious gravitas.\nNo one could doubt the heroism of the SCA, El Swefy said slowly. But his praise was the prelude to a surprise attack. He explained that Shoei Kisen Kaisha had tried and failed to negotiate a settlement with the agency. In light of the SCA’s resistance, he said, he had no choice but to submit recordings from theEver Given’s voyage data recorder into evidence. What they revealed was “chaos,” he said. “Enter, no don’t enter, the wind is high, the wind isn’t high.” The pilots got into an argument and were “calling each other names,” in an exchange so heated one of them threatened to leave the ship, according to El Swefy. It was the first time anyone had publicly suggested the SCA’s actions might have contributed to the accident.\nEl Swefy professed, as a proud Egyptian, to be making this argument reluctantly. “I didn’t want to say this, and I’m ashamed to say it,” he said. “This waterway belongs to all of us.”\nWhen he went outside afterward, reporters crowded him. He unhooked his face mask and patiently lit a cigarette with one hand, talking into a cellphone with the other. He declined to comment when approached byBloomberg Businessweek. “I have a principle,” he said in English. “All my statements are made in front of the court.” Would the full transcript of the VDR audio be made public? “Not by me,” he replied.\nIn the end, the judges kicked the case to another court. The SCA has reduced its claim to about $550 million, and as this story went to press, theEver Given’s insurers announced they’d reached an “agreement in principle” to resolve the dispute, without disclosing its terms. Even if that deal is finalized, a protracted legal battle may still take place beyond Egypt. In London’s admiralty courts, where most big-money marine cases are decided, Shoei Kisen Kaisha has filed an application to limit its maximum liability from any lawsuits. The filing lists 16 entities that might seek damages, most of them the owners of other vessels stalled in Suez during the blockage. There could also be fights over financial responsibility among the owner, its insurers, and their reinsurers, who protect insurers against excess claims. The merry-go-round of litigation might drag on for years, to the delight of London’s legal industry and probably no one else.\nCaptain Kanthavel and his crew have now been floating in the Great Bitter Lake for about three months. According to theInternational Transport Workers’ Federation, a coalition of unions, they are still receiving their pay and are amply provisioned. Nine have been allowed to return to India. Seafarers’ groups are nonetheless anxious about their welfare; at one point, the Indian maritime union said it was concerned they could be “held to ransom,” becoming bargaining chips in negotiations that had nothing to do with them. Thepotential settlement is, therefore, excellent news for the crew. Once it’s complete, they and the vessel should be able to leave.\nIn a meeting withBusinessweekat the SCA’s headquarters in May, Elsayed reflected on his role in this peculiar moment of nautical history. In the navy, he’d studied Operation Badr, an ingenious plan to move Egyptian forces across Suez in just six hours, allowing them to surprise Israeli troops and start the 1973 Yom Kippur War. He hadn’t quite matched that pace, but the SCA had managed to refloat theEver Givenin six days. “It’s the same,” he said, laughing.\nNight had fallen by the time Elsayed offered to lead his visitors on a tour of the SCA control tower. Outside, the canal was a dark expanse, fringed by twinkling lights along the shore. It was empty: The next convoy wasn’t due to depart for a few more hours. Above the CCTV feeds, a digital map of the entire route was spread across 10 large monitors. Elsayed pointed to a yellow blob in the Great Bitter Lake, motionless on the screen, and said, “See theEver Given?” —With Ann Koh","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838434752,"gmtCreate":1629423355276,"gmtModify":1676530035406,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Suchasad day","listText":"Suchasad day","text":"Suchasad day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838434752","repostId":"2160915795","repostType":4,"repost":{"id":"2160915795","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629413939,"share":"https://ttm.financial/m/news/2160915795?lang=&edition=fundamental","pubTime":"2021-08-20 06:58","market":"us","language":"en","title":"S&P 500 ends with slim gain as tech strength offsets cyclical woes","url":"https://stock-news.laohu8.com/highlight/detail?id=2160915795","media":"Reuters","summary":"* Energy sector worst performer, materials weak\n* Macy's, Kohl's rise on hiking annual guidance\n* U.","content":"<p>* Energy sector worst performer, materials weak</p>\n<p>* Macy's, Kohl's rise on hiking annual guidance</p>\n<p>* U.S. weekly jobless claims hit 17-month low</p>\n<p>* Dow down 0.19%, S&amp;P up 0.13%, Nasdaq up 0.11%</p>\n<p>Aug 19 (Reuters) - The S&amp;P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.</p>\n<p>Tech also supported the Nasdaq, while economically sensitive sectors such as energy and materials were particularly weak.</p>\n<p>Data showed that the number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth.</p>\n<p>Stocks had sold off sharply a day earlier after minutes from the Fed's July meeting showed officials felt it was possible that a key benchmark for decreasing support \"could be reached this year.\"</p>\n<p>\"It’s very much investors grappling with the growth outlook for the global economy, and how aggressive the Fed will taper when they get around to it,” said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>The Dow Jones Industrial Average fell 66.57 points, or 0.19%, to 34,894.12, the S&amp;P 500 gained 5.53 points, or 0.13%, to 4,405.8 and the Nasdaq Composite added 15.87 points, or 0.11%, to 14,541.79.</p>\n<p>After opening sharply lower, the benchmark S&amp;P 500 erased its declines while swinging between gains and losses during the session.</p>\n<p>\"Money on the sidelines ... was deployed into the market on weakness, and that has been a tale of the markets for the past six to 12 months,\" said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management.</p>\n<p>Technology shined among S&amp;P 500 sectors, rising 1%, helped by a 4% gain for shares of Nvidia Corp. The chip company forecast third-quarter revenue above Wall Street expectations late on Wednesday as it benefits from a boom in demand.</p>\n<p>Consumer staples and real estate - generally considered defensive sectors - both rose about 0.9%.</p>\n<p>Financials and industrials were among the sectors in the red, falling about 0.8% each.</p>\n<p>In company news, shares of U.S. department store chains Macy's Inc and Kohl's Corp rose 19.6% and 7.3%, respectively, following increased annual sales forecasts.</p>\n<p>A rebound in the U.S. economy including a stellar second-quarter corporate earnings season on top of accommodative monetary policy has underpinned positive sentiment for equities, with the S&amp;P 500 up about 100% since its March 2020 pandemic low.</p>\n<p>But with the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&amp;P 500 yet to experience a 5% pullback this year.</p>\n<p>Focus is shifting to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps.</p>\n<p>“The key economic variable continues to be inflation,\" Mortimer said. \"Is it temporary, is it permanent, what number will the Fed tolerate in order to achieve its full employment mandate?”</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 35 new highs and 274 new lows.</p>\n<p>About 10.3 billion shares changed hands in U.S. exchanges, above the 9.3 billion daily average over the last 20 sessions.</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>S&P 500 ends with slim gain as tech strength offsets cyclical woes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 ends with slim gain as tech strength offsets cyclical woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-20 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Energy sector worst performer, materials weak</p>\n<p>* Macy's, Kohl's rise on hiking annual guidance</p>\n<p>* U.S. weekly jobless claims hit 17-month low</p>\n<p>* Dow down 0.19%, S&amp;P up 0.13%, Nasdaq up 0.11%</p>\n<p>Aug 19 (Reuters) - The S&amp;P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.</p>\n<p>Tech also supported the Nasdaq, while economically sensitive sectors such as energy and materials were particularly weak.</p>\n<p>Data showed that the number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth.</p>\n<p>Stocks had sold off sharply a day earlier after minutes from the Fed's July meeting showed officials felt it was possible that a key benchmark for decreasing support \"could be reached this year.\"</p>\n<p>\"It’s very much investors grappling with the growth outlook for the global economy, and how aggressive the Fed will taper when they get around to it,” said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>The Dow Jones Industrial Average fell 66.57 points, or 0.19%, to 34,894.12, the S&amp;P 500 gained 5.53 points, or 0.13%, to 4,405.8 and the Nasdaq Composite added 15.87 points, or 0.11%, to 14,541.79.</p>\n<p>After opening sharply lower, the benchmark S&amp;P 500 erased its declines while swinging between gains and losses during the session.</p>\n<p>\"Money on the sidelines ... was deployed into the market on weakness, and that has been a tale of the markets for the past six to 12 months,\" said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management.</p>\n<p>Technology shined among S&amp;P 500 sectors, rising 1%, helped by a 4% gain for shares of Nvidia Corp. The chip company forecast third-quarter revenue above Wall Street expectations late on Wednesday as it benefits from a boom in demand.</p>\n<p>Consumer staples and real estate - generally considered defensive sectors - both rose about 0.9%.</p>\n<p>Financials and industrials were among the sectors in the red, falling about 0.8% each.</p>\n<p>In company news, shares of U.S. department store chains Macy's Inc and Kohl's Corp rose 19.6% and 7.3%, respectively, following increased annual sales forecasts.</p>\n<p>A rebound in the U.S. economy including a stellar second-quarter corporate earnings season on top of accommodative monetary policy has underpinned positive sentiment for equities, with the S&amp;P 500 up about 100% since its March 2020 pandemic low.</p>\n<p>But with the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&amp;P 500 yet to experience a 5% pullback this year.</p>\n<p>Focus is shifting to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps.</p>\n<p>“The key economic variable continues to be inflation,\" Mortimer said. \"Is it temporary, is it permanent, what number will the Fed tolerate in order to achieve its full employment mandate?”</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 35 new highs and 274 new lows.</p>\n<p>About 10.3 billion shares changed hands in U.S. exchanges, above the 9.3 billion daily average over the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF",".SPX":"S&P 500 Index","OEX":"标普100","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160915795","content_text":"* Energy sector worst performer, materials weak\n* Macy's, Kohl's rise on hiking annual guidance\n* U.S. weekly jobless claims hit 17-month low\n* Dow down 0.19%, S&P up 0.13%, Nasdaq up 0.11%\nAug 19 (Reuters) - The S&P 500 ended modestly higher in a choppy session on Thursday, with gains in tech shares countering losses in cyclical sectors, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.\nTech also supported the Nasdaq, while economically sensitive sectors such as energy and materials were particularly weak.\nData showed that the number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth.\nStocks had sold off sharply a day earlier after minutes from the Fed's July meeting showed officials felt it was possible that a key benchmark for decreasing support \"could be reached this year.\"\n\"It’s very much investors grappling with the growth outlook for the global economy, and how aggressive the Fed will taper when they get around to it,” said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\nThe Dow Jones Industrial Average fell 66.57 points, or 0.19%, to 34,894.12, the S&P 500 gained 5.53 points, or 0.13%, to 4,405.8 and the Nasdaq Composite added 15.87 points, or 0.11%, to 14,541.79.\nAfter opening sharply lower, the benchmark S&P 500 erased its declines while swinging between gains and losses during the session.\n\"Money on the sidelines ... was deployed into the market on weakness, and that has been a tale of the markets for the past six to 12 months,\" said Jeff Mortimer, director of investment strategy at BNY Mellon Wealth Management.\nTechnology shined among S&P 500 sectors, rising 1%, helped by a 4% gain for shares of Nvidia Corp. The chip company forecast third-quarter revenue above Wall Street expectations late on Wednesday as it benefits from a boom in demand.\nConsumer staples and real estate - generally considered defensive sectors - both rose about 0.9%.\nFinancials and industrials were among the sectors in the red, falling about 0.8% each.\nIn company news, shares of U.S. department store chains Macy's Inc and Kohl's Corp rose 19.6% and 7.3%, respectively, following increased annual sales forecasts.\nA rebound in the U.S. economy including a stellar second-quarter corporate earnings season on top of accommodative monetary policy has underpinned positive sentiment for equities, with the S&P 500 up about 100% since its March 2020 pandemic low.\nBut with the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&P 500 yet to experience a 5% pullback this year.\nFocus is shifting to the Fed's annual research conference in Jackson Hole, Wyoming, next week for any read about the central bank's next steps.\n“The key economic variable continues to be inflation,\" Mortimer said. \"Is it temporary, is it permanent, what number will the Fed tolerate in order to achieve its full employment mandate?”\nDeclining issues outnumbered advancing ones on the NYSE by a 2.59-to-1 ratio; on Nasdaq, a 2.43-to-1 ratio favored decliners.\nThe S&P 500 posted 28 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 35 new highs and 274 new lows.\nAbout 10.3 billion shares changed hands in U.S. exchanges, above the 9.3 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159637176,"gmtCreate":1624961392195,"gmtModify":1703848887169,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>i gotta share","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>i gotta share","text":"$AMC Entertainment(AMC)$i gotta share","images":[{"img":"https://static.tigerbbs.com/9af96e561953a1614ac2cf07c5a64759","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/159637176","isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127670152,"gmtCreate":1624848247776,"gmtModify":1703846113789,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Leavimg a comment","listText":"Leavimg a comment","text":"Leavimg a comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127670152","repostId":"2146500207","repostType":4,"repost":{"id":"2146500207","kind":"news","pubTimestamp":1624846354,"share":"https://ttm.financial/m/news/2146500207?lang=&edition=fundamental","pubTime":"2021-06-28 10:12","market":"us","language":"en","title":"Record Stock Sales From Money-Losing Firms Ring the Alarm Bells","url":"https://stock-news.laohu8.com/highlight/detail?id=2146500207","media":"Bloomberg","summary":"(Bloomberg) -- If you think a rush by companies to sell their shares is a bad omen for the market, i","content":"<p>(Bloomberg) -- If you think a rush by companies to sell their shares is a bad omen for the market, imagine a scenario where most of the sales come from firms that don’t make money.</p>\n<p>It’s happening now. Since the end of March, almost 100 unprofitable companies, including GameStop Corp. and AMC Entertainment Holdings Inc., have raised money through secondary offerings, twice as many as coming from profitable firms, according to data compiled by Bloomberg.</p>\n<p>Granted, troubled companies are tapping into buoyant demand during a 16-month rally to beef up their balance sheets. And it’s further evidence that the capital market functions as smoothly as it’s supposed to. Yet some warn that the flood of shares coming from money losers is becoming extreme.</p>\n<p>During the past 12 months, almost 750 money-losing firms have sold shares in the secondary market, exceeding those that make profits by the biggest margin since at least 1982, data compiled by Sundial Capital Research show.</p>\n<p>“That perhaps points to companies getting greedy,” said Mike Bailey, director of research at FBB Capital Partners. “Anytime you have a bunch of selling by desperate companies, that could be a signal we’re closer to a top than a cyclical bottom.”</p>\n<p>In fact, the previous two periods in which unprofitable firms dominated the pool of equity offerings, the S&amp;P 500 Index was either at the start of a bear market, or already in <a href=\"https://laohu8.com/S/AONE\">one</a>.</p>\n<p>The 2000 episode showed what might be at stake. Back then, a similarly ebullient market lured profitless companies to offer shares. Once supply overwhelmed demand, the party turned into a scare. Stocks with no fundamental support sold off and the carnage spread to the rest of the market.</p>\n<p>“There can be too much money chasing too little good deals,” said Jeanette Garretty, chief economist at Robertson Stephens Wealth Management. “When the good deals don’t need that money, they start looking for less great deals, and then down the road this is what can lead people to get their fingers burned.”</p>\n<p>With much of the business world yet to fully recover from the pandemic fallout, the easiness to raise money via equity offerings bodes well for corporate America, according to Randy Frederick, managing director of trading and derivatives for Charles Schwab Corp. With the boost in capital, he says, many crippled firms now have a shot at mounting a turnaround.</p>\n<p>Take AMC as an example. After sinking to the brink of bankruptcy during the lockdown, the movie theater-operator has cashed in on its meme-stock status to raise some $1.25 billion through equity offerings in recent months. That, combined with an improving outlook for the film industry, prompted S&amp;P Global Ratings to upgrade its credit score.</p>\n<p>Similarly, GameStop has tapped equity markets twice this year in moves that the video-game retailer said would raise money to invest in growth initiatives and maintain a strong balance sheet. Activist investor Ryan Cohen has built a 13% stake in GameStop and is leading an effort to transform the company into an e-commerce powerhouse, away from its brick-and-mortar roots.</p>\n<p>An unprofitable firm “could issue shares, get working capital, perhaps change strategy, go into new lines of business, do R&amp;D -- whatever it might be, that could ultimately lead to them becoming profitable and growing the business again,” Frederick said. “That’s why the capital markets exist.”</p>\n<p>Of course, there’s no guarantee that a transformation effort will succeed. Based on stock performance following issuance, investors still prefer quality. Among this quarter’s issuers, those that are struggling have seen their shares rise 2.7% on average through Friday, trailing those profitable by 2 percentage points.</p>\n<p>Sundial tracks a suite of indicators to gauge the market’s sentiment. That money-losing firms are flooding the secondary market adds to a growing set of signs that point to elevated enthusiasm, according to Jason Goepfert, the firm’s founder.</p>\n<p>Scott Knapp, chief market strategist at CUNA Mutual Group, agrees.</p>\n<p>“When there is increased appetite for issues from unprofitable companies, it tends to mark a point of euphoria,” Knapp said. “This phenomenon can be in place for a very long time. It’s not necessarily a signal the market is about to reverse. But it is something that typically has preceded a period of reversal in the trend -- the market is more likely to cool down when appetite for unprofitable issuers rises.”</p>","source":"yahoofinance","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>Record Stock Sales From Money-Losing Firms Ring the Alarm Bells</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\">\nRecord Stock Sales From Money-Losing Firms Ring the Alarm Bells\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 10:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/record-stock-sales-money-losing-123634038.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- If you think a rush by companies to sell their shares is a bad omen for the market, imagine a scenario where most of the sales come from firms that don’t make money.\nIt’s happening now....</p>\n\n<a href=\"https://finance.yahoo.com/news/record-stock-sales-money-losing-123634038.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"REI":"Ring Energy Inc.","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://finance.yahoo.com/news/record-stock-sales-money-losing-123634038.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146500207","content_text":"(Bloomberg) -- If you think a rush by companies to sell their shares is a bad omen for the market, imagine a scenario where most of the sales come from firms that don’t make money.\nIt’s happening now. Since the end of March, almost 100 unprofitable companies, including GameStop Corp. and AMC Entertainment Holdings Inc., have raised money through secondary offerings, twice as many as coming from profitable firms, according to data compiled by Bloomberg.\nGranted, troubled companies are tapping into buoyant demand during a 16-month rally to beef up their balance sheets. And it’s further evidence that the capital market functions as smoothly as it’s supposed to. Yet some warn that the flood of shares coming from money losers is becoming extreme.\nDuring the past 12 months, almost 750 money-losing firms have sold shares in the secondary market, exceeding those that make profits by the biggest margin since at least 1982, data compiled by Sundial Capital Research show.\n“That perhaps points to companies getting greedy,” said Mike Bailey, director of research at FBB Capital Partners. “Anytime you have a bunch of selling by desperate companies, that could be a signal we’re closer to a top than a cyclical bottom.”\nIn fact, the previous two periods in which unprofitable firms dominated the pool of equity offerings, the S&P 500 Index was either at the start of a bear market, or already in one.\nThe 2000 episode showed what might be at stake. Back then, a similarly ebullient market lured profitless companies to offer shares. Once supply overwhelmed demand, the party turned into a scare. Stocks with no fundamental support sold off and the carnage spread to the rest of the market.\n“There can be too much money chasing too little good deals,” said Jeanette Garretty, chief economist at Robertson Stephens Wealth Management. “When the good deals don’t need that money, they start looking for less great deals, and then down the road this is what can lead people to get their fingers burned.”\nWith much of the business world yet to fully recover from the pandemic fallout, the easiness to raise money via equity offerings bodes well for corporate America, according to Randy Frederick, managing director of trading and derivatives for Charles Schwab Corp. With the boost in capital, he says, many crippled firms now have a shot at mounting a turnaround.\nTake AMC as an example. After sinking to the brink of bankruptcy during the lockdown, the movie theater-operator has cashed in on its meme-stock status to raise some $1.25 billion through equity offerings in recent months. That, combined with an improving outlook for the film industry, prompted S&P Global Ratings to upgrade its credit score.\nSimilarly, GameStop has tapped equity markets twice this year in moves that the video-game retailer said would raise money to invest in growth initiatives and maintain a strong balance sheet. Activist investor Ryan Cohen has built a 13% stake in GameStop and is leading an effort to transform the company into an e-commerce powerhouse, away from its brick-and-mortar roots.\nAn unprofitable firm “could issue shares, get working capital, perhaps change strategy, go into new lines of business, do R&D -- whatever it might be, that could ultimately lead to them becoming profitable and growing the business again,” Frederick said. “That’s why the capital markets exist.”\nOf course, there’s no guarantee that a transformation effort will succeed. Based on stock performance following issuance, investors still prefer quality. Among this quarter’s issuers, those that are struggling have seen their shares rise 2.7% on average through Friday, trailing those profitable by 2 percentage points.\nSundial tracks a suite of indicators to gauge the market’s sentiment. That money-losing firms are flooding the secondary market adds to a growing set of signs that point to elevated enthusiasm, according to Jason Goepfert, the firm’s founder.\nScott Knapp, chief market strategist at CUNA Mutual Group, agrees.\n“When there is increased appetite for issues from unprofitable companies, it tends to mark a point of euphoria,” Knapp said. “This phenomenon can be in place for a very long time. It’s not necessarily a signal the market is about to reverse. But it is something that typically has preceded a period of reversal in the trend -- the market is more likely to cool down when appetite for unprofitable issuers rises.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168157147,"gmtCreate":1623968238089,"gmtModify":1703824743692,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Get my post featured","listText":"Get my post featured","text":"Get my post featured","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168157147","repostId":"2144742672","repostType":4,"repost":{"id":"2144742672","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623943500,"share":"https://ttm.financial/m/news/2144742672?lang=&edition=fundamental","pubTime":"2021-06-17 23:25","market":"us","language":"en","title":"Facebook launches ads globally for Instagram Reels","url":"https://stock-news.laohu8.com/highlight/detail?id=2144742672","media":"Reuters","summary":"June 17 (Reuters) - Facebook Inc is launching ads globally on its TikTok clone Instagram Reels, the ","content":"<p>June 17 (Reuters) - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday.</p>\n<p>The social media company, which is aiming to make money from its short-form video feature, began testing Instagram Reels ads in India, Brazil, Germany and Australia in April. The tests ran with brands such as BMW, Louis Vuitton, Netflix and Uber.</p>\n<p>\"We see Reels as a great way for people to discover new content on Instagram, and so ads are a natural fit,\" said Instagram's Chief Operating Officer Justin Osofsky. \"Brands of all sizes can take advantage of this new creative format in an environment where people are already being entertained.\"</p>\n<p>The company said that Reels ads, which will loop and can be up to 30 seconds long, will appear between individual Reels.</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>Facebook launches ads globally for Instagram Reels</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\">\nFacebook launches ads globally for Instagram Reels\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 23:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday.</p>\n<p>The social media company, which is aiming to make money from its short-form video feature, began testing Instagram Reels ads in India, Brazil, Germany and Australia in April. The tests ran with brands such as BMW, Louis Vuitton, Netflix and Uber.</p>\n<p>\"We see Reels as a great way for people to discover new content on Instagram, and so ads are a natural fit,\" said Instagram's Chief Operating Officer Justin Osofsky. \"Brands of all sizes can take advantage of this new creative format in an environment where people are already being entertained.\"</p>\n<p>The company said that Reels ads, which will loop and can be up to 30 seconds long, will appear between individual Reels.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144742672","content_text":"June 17 (Reuters) - Facebook Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday.\nThe social media company, which is aiming to make money from its short-form video feature, began testing Instagram Reels ads in India, Brazil, Germany and Australia in April. The tests ran with brands such as BMW, Louis Vuitton, Netflix and Uber.\n\"We see Reels as a great way for people to discover new content on Instagram, and so ads are a natural fit,\" said Instagram's Chief Operating Officer Justin Osofsky. \"Brands of all sizes can take advantage of this new creative format in an environment where people are already being entertained.\"\nThe company said that Reels ads, which will loop and can be up to 30 seconds long, will appear between individual Reels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387981880,"gmtCreate":1613709319140,"gmtModify":1704883932755,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Bngo to the m??n!","listText":"Bngo to the m??n!","text":"Bngo to the m??n!","images":[{"img":"https://static.tigerbbs.com/4d4b05be295acf609cc2577eec1d7564","width":"1080","height":"3088"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/387981880","isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800119017,"gmtCreate":1627285906839,"gmtModify":1703486718413,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>share my posituon","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>share my posituon","text":"$SOS Limited(SOS)$share my posituon","images":[{"img":"https://static.tigerbbs.com/4930139fd6b9136ce483ace5ae685b2c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800119017","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":124060878,"gmtCreate":1624708062694,"gmtModify":1703843953252,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Leave 1 comment","listText":"Leave 1 comment","text":"Leave 1 comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124060878","repostId":"1132692662","repostType":4,"repost":{"id":"1132692662","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624680481,"share":"https://ttm.financial/m/news/1132692662?lang=&edition=fundamental","pubTime":"2021-06-26 12:08","market":"us","language":"en","title":"Tesla recalls some imported and domestic Model 3 and Model Y in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1132692662","media":"Tiger Newspress","summary":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.In response to the recall, Tesla said ","content":"<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p>\n<p>Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p>\n<p>Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p>\n<p>Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p>\n<p>Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p>\n<p>In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</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>Tesla recalls some imported and domestic Model 3 and Model Y in China</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\">\nTesla recalls some imported and domestic Model 3 and Model Y in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-26 12:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.</p>\n<p>Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.</p>\n<p>Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.</p>\n<p>Due to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.</p>\n<p>Tesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.</p>\n<p>In response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132692662","content_text":"Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.\nTesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.\nMeanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.\nDue to the problems of the active cruise control system of the vehicles within the scope of this recall, it is easy for the driver to activate the active cruise function by mistake in the following situations: when the vehicle is in D gear, the driver tries to switch the gear by pushing the right control lever again; When the vehicle turns sharply, the driver touches and moves the right control lever by mistake, etc. After the active cruise control is mistakenly activated, if the cruise speed set by the vehicle is not the current speed, and the current speed is lower than the set speed, the vehicle will accelerate to the set speed, resulting in a sudden increase in vehicle speed, which will affect the driver's expectation and lead to misjudgment of vehicle handling. In extreme cases, it may lead to vehicle collision, and there are potential safety hazards.\nTesla will upgrade the active cruise control software for the recalled vehicles free of charge through OTA technology, so users can complete the software upgrade without going to the store; For vehicles that cannot be recalled through OTA technology, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. will contact relevant users through Tesla service center to upgrade active cruise control software for vehicles free, so as to eliminate potential safety hazards.\nIn response to the recall, Tesla said on June 26 that for the vehicles (Model 3 / Model Y) within the scope of this recall, due to the fact that the active cruise control function may be activated by the driver by mistake, there are potential safety hazards in extreme cases. Tesla took the initiative to file the recall plan with the State Administration of market supervision and administration. Users do not need to go to the store to complete the OTA. Tesla said it apologized for the inconvenience caused by the recall.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128201426,"gmtCreate":1624516400765,"gmtModify":1703839060239,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>nipapa","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>nipapa","text":"$SOS Limited(SOS)$nipapa","images":[{"img":"https://static.tigerbbs.com/cd23e58325081a2a88e7d325f71a6e27","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/128201426","isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3564366462548595","authorId":"3564366462548595","name":"newbietrader","avatar":"https://static.tigerbbs.com/819d3edc89257f2b31fa8edcfbbf8241","crmLevel":6,"crmLevelSwitch":0,"idStr":"3564366462548595","authorIdStr":"3564366462548595"},"content":"welp i was at 15ish per share , avg down to 7 plus. May avg down again soon before the whole crpyto starts to recover. goodluck to all","text":"welp i was at 15ish per share , avg down to 7 plus. May avg down again soon before the whole crpyto starts to recover. goodluck to all","html":"welp i was at 15ish per share , avg down to 7 plus. May avg down again soon before the whole crpyto starts to recover. goodluck to all"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":102386185,"gmtCreate":1620177815047,"gmtModify":1704339758773,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Nogirl","listText":"Nogirl","text":"Nogirl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102386185","repostId":"1199199416","repostType":4,"repost":{"id":"1199199416","kind":"news","pubTimestamp":1620173020,"share":"https://ttm.financial/m/news/1199199416?lang=&edition=fundamental","pubTime":"2021-05-05 08:03","market":"us","language":"en","title":"S&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March","url":"https://stock-news.laohu8.com/highlight/detail?id=1199199416","media":"CNBC","summary":"The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the bench","content":"<div>\n<p>The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month.The broad market index closed the session 0.7% lower at 4,164.66 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.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>S&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March</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\">\nS&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month.The broad market index closed the session 0.7% lower at 4,164.66 ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","AAPL":"苹果","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","PFE":"辉瑞","CVS":"西维斯健康",".DJI":"道琼斯","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SPY":"标普500ETF",".SPX":"S&P 500 Index","TSLA":"特斯拉","NDAQ":"纳斯达克OMX交易所","GOOG":"谷歌","TQQQ":"纳指三倍做多ETF","SDS":"两倍做空标普500ETF","CLX":"高乐氏","QQQ":"纳指100ETF","SH":"标普500反向ETF","BRK.A":"伯克希尔","GOOGL":"谷歌A","BRK.B":"伯克希尔B","UPRO":"三倍做多标普500ETF","QID":"纳指两倍做空ETF"},"source_url":"https://www.cnbc.com/2021/05/03/stock-market-futures-open-to-close-new.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199199416","content_text":"The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month.The broad market index closed the session 0.7% lower at 4,164.66 after dropping 1.5% at its low. Pressure on some of the globe’s largest technology companies sent the Nasdaq Composite down 1.9% to 13,633.50 for its worst day since March.Apple, the largest publicly traded company in the U.S., fell 3.5%. Google-parent Alphabet lost 1.6%, Facebook shed 1.3% and electric car maker Tesla dropped 1.7%. Investors did not spare the market’s chipmakers, with Nvidia and Intel losing 3.3% and 0.6%, respectively.The Dow Jones Industrial Average ended the day in the green thanks to strong performance in Dow Inc and Caterpillar. The 30-stock benchmark closed 19.8 points, or 0.1%, higher to 34,133.03 after dropping more than 300 points at one point Tuesday.Reasons for the downward pressure varied, but strategists cited a mix of concerns about rising inflation, fears the Federal Reserve may have to taper monetary stimulus earlier than telegraphed, and the potential for tax increases in the months ahead.U.S. equities hit their lows of the day following Treasury Secretary Janet Yellen’scomments that interest ratesmay have to rise somewhat to keep economy from overheating.Evercore ISI strategist Dennis DeBusschere wrote that while Tuesday’s modest move in rates may not be a loud siren that investors are worried about the Fed, he nonetheless believes taper fears are playing a role.“Best we can tell supply concerns are a major issue for investors and inflation / inflation expectations are becoming a headwind,” he wrote in an email. “Although Fed futures are pricing in a much faster pace of rate hikes vs what the Fed wants...that is not the story today. The story is inflation and stronger growth numbers leading to even more inflation given supply constraints and what that means for equities.”DeBusschere’s supply-side concerns join those of a growing number of executives and investors who say rising input prices are starting to erode profit margins.Warren Buffett, the CEO of Berkshire Hathaway, said during his company’s annual meeting over the weekend that he is seeing “very substantial inflation” and his companies are raising prices.Other companies, such as Clorox, have said in recent earnings reports that the prices they pay for the materials used to make their products are rising and could ultimately be passed on to customers. Commodity prices, from lumber to corn to palladium, have surged in recent months.Others have said that even blowout earnings results have been unable to quell marketplace jitters. Even accounting for Tuesday’s losses, the S&P 500 is still up more than 10% so far this year.“We have gone through a two to three week period that has seen really good news get little or no reaction in markets,” wrote Art Hogan, chief market strategist at National Securities. “Investors get uneasy at new highs, and there have been 25 new highs for the S&P 500 so far this year.”“There are concerns that the roaring 20′s economic explosion will take longer than just this summer as people slowly get comfortable getting out and about,” he added. “Equities look expensive on a trailing basis, but not from a forward looking viewpoint.”With the market at all-time highs, investors are torn between playing the reopening with shares like retailers or continuing to bet on Big Tech, which just reported blockbuster earnings.The move in equities followed solid gains for the Dow on Monday as investors piled into shares that would benefit the most from an economic reopening. The 30-stock benchmark rallied more than 200 points, while the S&P 500 inched up 0.3%. Retail stocks led the market advance on Monday with Gap and Macy’s rallying more than 7%.Pfizershares rose slightly following quarterly resultsthat beat expectations and raising its 2021 guidance.CVS Healthshares jumped 4.4% after the pharmacy chain and insurance companyalso raised its guidance.United States Steelpopped 7.9% after Credit Suisseupgradedthe stock to outperform from underperform, saying that the surge in prices for steel made it clear that the industry was in a “super cycle.”“Investors could be getting increasingly disappointed that stocks are not doing well in the face of fantastic earnings news,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323518091,"gmtCreate":1615354388913,"gmtModify":1704781573962,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Tiger broker ask me to share","listText":"Tiger broker ask me to share","text":"Tiger broker ask me to share","images":[{"img":"https://static.tigerbbs.com/ffb67053e375bc743eb3e68585d9d99e","width":"1080","height":"1979"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/323518091","isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":320230943,"gmtCreate":1615109362182,"gmtModify":1704778721981,"author":{"id":"3571492196374890","authorId":"3571492196374890","name":"Churn","avatar":"https://static.tigerbbs.com/51a1eff9288ab32151197ee56d6a8fc9","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571492196374890","authorIdStr":"3571492196374890"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320230943","repostId":"1116017255","repostType":4,"repost":{"id":"1116017255","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614954925,"share":"https://ttm.financial/m/news/1116017255?lang=&edition=fundamental","pubTime":"2021-03-05 22:35","market":"us","language":"en","title":"U.S. Stocks open up, as strong jobs report boosts reopening optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=1116017255","media":"老虎资讯综合","summary":"(March 5) Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism abo","content":"<p>(March 5)&nbsp;Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism about a faster economic reopening.</p><p>The Dow up 0.93%, the S&amp;P 500 rose 1.05%, and the Nasdaq Composite jumped 1.13%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5a0f3bfa9164920f4899e3f22741e69\" tg-width=\"1242\" tg-height=\"572\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:30</span></p><p>The U.S. 10-year Treasury yield popped above 1.6% after the February jobs report. The Labor Department on Fridayreportedthat nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared to expectations of 210,000 new jobs and the unemployment rate to hold steady from the 6.3% rate in January, according to Dow Jones.</p><p>As rates jumped, tech shares with high valuations got hit again in the premarket, continuing the pattern this week. Tesla and Peloton shares fell declined.</p><p>The move in futures followed a sharp sell-off on Thursday triggered by Federal Reserve Chair Jerome Powell’s remarks on rising bond yields. The Fed chair said the recent runup caught his attention but he didn’t give any indication of how the central bank would rein it in. Some investors had expected Powell to signal his willingness to adjust the Fed’s asset purchase program.</p><p>The economic reopening could&nbsp;“create some upward pressure on prices,” Powell said in a Wall Street Journal webinar Thursday. Even if the economy sees “transitory increases in inflation … I expect that we will be patient,” he added.</p><p>“Equity investors, in our conversations, are really grappling with two things they may not have had to deal with for the last 10 years,” said Tom Lee, Fundstrat’s co-founder head of research. “One is the potential for inflation to actually have to be priced into equities. I think there’s a lot of confusion.”</p><p>“Then it’s a bond market that seems to be testing the Fed, which kind of scares people,” added Lee, who believes the sell-off this week is a buying opportunity.</p><p>Tech stocks led the market decline Thursday, especially those with high valuations and small or no profitability. The Nasdaq Composite dropped 2.1% Thursday, bringing its losses this week to 3.6%. The tech-heavy benchmark also turned negative for the year and fell into correction territory, or down 10% from a recent high, on an intraday basis.</p><p>Tesla shares were off their lows in Friday premarket trading but still down 0.3%.</p><p>The S&amp;P 500 and the Dow both fell more than 1% Thursday, headed for a losing week. Energy outperformed with a 2.5% gain in the previous session amid a jump in oil prices.</p><p>“Rates soared once again, which opened the door for more selling of technology stocks,” said Ryan Detrick, chief market strategist at LPL Financial. “The bright side is the economy continues to improve and leadership from financials and energy is something that suggests this isn’t a sell everything moment.”</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>U.S. Stocks open up, as strong jobs report boosts reopening optimism</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\">\nU.S. Stocks open up, as strong jobs report boosts reopening optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-05 22:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 5)&nbsp;Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism about a faster economic reopening.</p><p>The Dow up 0.93%, the S&amp;P 500 rose 1.05%, and the Nasdaq Composite jumped 1.13%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5a0f3bfa9164920f4899e3f22741e69\" tg-width=\"1242\" tg-height=\"572\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:30</span></p><p>The U.S. 10-year Treasury yield popped above 1.6% after the February jobs report. The Labor Department on Fridayreportedthat nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared to expectations of 210,000 new jobs and the unemployment rate to hold steady from the 6.3% rate in January, according to Dow Jones.</p><p>As rates jumped, tech shares with high valuations got hit again in the premarket, continuing the pattern this week. Tesla and Peloton shares fell declined.</p><p>The move in futures followed a sharp sell-off on Thursday triggered by Federal Reserve Chair Jerome Powell’s remarks on rising bond yields. The Fed chair said the recent runup caught his attention but he didn’t give any indication of how the central bank would rein it in. Some investors had expected Powell to signal his willingness to adjust the Fed’s asset purchase program.</p><p>The economic reopening could&nbsp;“create some upward pressure on prices,” Powell said in a Wall Street Journal webinar Thursday. Even if the economy sees “transitory increases in inflation … I expect that we will be patient,” he added.</p><p>“Equity investors, in our conversations, are really grappling with two things they may not have had to deal with for the last 10 years,” said Tom Lee, Fundstrat’s co-founder head of research. “One is the potential for inflation to actually have to be priced into equities. I think there’s a lot of confusion.”</p><p>“Then it’s a bond market that seems to be testing the Fed, which kind of scares people,” added Lee, who believes the sell-off this week is a buying opportunity.</p><p>Tech stocks led the market decline Thursday, especially those with high valuations and small or no profitability. The Nasdaq Composite dropped 2.1% Thursday, bringing its losses this week to 3.6%. The tech-heavy benchmark also turned negative for the year and fell into correction territory, or down 10% from a recent high, on an intraday basis.</p><p>Tesla shares were off their lows in Friday premarket trading but still down 0.3%.</p><p>The S&amp;P 500 and the Dow both fell more than 1% Thursday, headed for a losing week. Energy outperformed with a 2.5% gain in the previous session amid a jump in oil prices.</p><p>“Rates soared once again, which opened the door for more selling of technology stocks,” said Ryan Detrick, chief market strategist at LPL Financial. “The bright side is the economy continues to improve and leadership from financials and energy is something that suggests this isn’t a sell everything moment.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116017255","content_text":"(March 5) Stocks were set to rebound after a stronger-than-expected jobs report boosted optimism about a faster economic reopening.The Dow up 0.93%, the S&P 500 rose 1.05%, and the Nasdaq Composite jumped 1.13%.*Source From Tiger Trade, EST 09:30The U.S. 10-year Treasury yield popped above 1.6% after the February jobs report. The Labor Department on Fridayreportedthat nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared to expectations of 210,000 new jobs and the unemployment rate to hold steady from the 6.3% rate in January, according to Dow Jones.As rates jumped, tech shares with high valuations got hit again in the premarket, continuing the pattern this week. Tesla and Peloton shares fell declined.The move in futures followed a sharp sell-off on Thursday triggered by Federal Reserve Chair Jerome Powell’s remarks on rising bond yields. The Fed chair said the recent runup caught his attention but he didn’t give any indication of how the central bank would rein it in. Some investors had expected Powell to signal his willingness to adjust the Fed’s asset purchase program.The economic reopening could “create some upward pressure on prices,” Powell said in a Wall Street Journal webinar Thursday. Even if the economy sees “transitory increases in inflation … I expect that we will be patient,” he added.“Equity investors, in our conversations, are really grappling with two things they may not have had to deal with for the last 10 years,” said Tom Lee, Fundstrat’s co-founder head of research. “One is the potential for inflation to actually have to be priced into equities. I think there’s a lot of confusion.”“Then it’s a bond market that seems to be testing the Fed, which kind of scares people,” added Lee, who believes the sell-off this week is a buying opportunity.Tech stocks led the market decline Thursday, especially those with high valuations and small or no profitability. The Nasdaq Composite dropped 2.1% Thursday, bringing its losses this week to 3.6%. The tech-heavy benchmark also turned negative for the year and fell into correction territory, or down 10% from a recent high, on an intraday basis.Tesla shares were off their lows in Friday premarket trading but still down 0.3%.The S&P 500 and the Dow both fell more than 1% Thursday, headed for a losing week. Energy outperformed with a 2.5% gain in the previous session amid a jump in oil prices.“Rates soared once again, which opened the door for more selling of technology stocks,” said Ryan Detrick, chief market strategist at LPL Financial. “The bright side is the economy continues to improve and leadership from financials and energy is something that suggests this isn’t a sell everything moment.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}