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2021-02-25

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Overview Of Value Stocks In The Technology Sector

2021-02-15

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Pick it up!","images":[{"img":"https://static.tigerbbs.com/7b7c346553973dd563c91af901c99059","width":"720","height":"1756"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369181128","isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":369183080,"gmtCreate":1614008297740,"gmtModify":1704886909011,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Go Craxy","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Go Craxy","text":"$GameStop(GME)$Go Craxy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369183080","isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387523716,"gmtCreate":1613757043635,"gmtModify":1704884764820,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387523716","repostId":"2111881011","repostType":2,"repost":{"id":"2111881011","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1613490605,"share":"https://ttm.financial/m/news/2111881011?lang=&edition=fundamental","pubTime":"2021-02-16 23:50","market":"hk","language":"en","title":"Overview Of Value Stocks In The Technology Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=2111881011","media":"Benzinga","summary":"What are Value Stocks?\n\n","content":"<html><body><h2>What are Value Stocks?</h2>\n<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.</p>\n<h2>The following stocks are considered to be notable value stocks in the technology sector:</h2>\n<ol>\n<li><strong>Hamilton Beach Brands</strong> (NYSE:HBB) - P/E: 9.01</li>\n<li><strong><a href=\"https://laohu8.com/S/INPX\">Inpixon</a></strong> (NASDAQ:INPX) - P/E: 0.11</li>\n<li><strong>Nortech Systems</strong> (NASDAQ:NSYS) - P/E: 9.64</li>\n<li><strong>Synnex</strong> (NYSE:SNX) - P/E: 8.81</li>\n<li><strong>China Index Holdings</strong> (NASDAQ:CIH) - P/E: 5.1</li>\n</ol>\n<p>Hamilton Beach Brands saw a decrease in earnings per share from 0.59 in Q2 to -0.15 now. The company's most recent dividend yield sits at 1.95%, which has decreased by 0.11% from 2.06% last quarter.</p>\n<p>Most recently, Inpixon reported earnings per share at -0.13, whereas in Q2 earnings per share sat at -0.21. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.</p>\n<p>Nortech Systems's earnings per share for Q3 sits at -0.35, whereas in Q2, they were at -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.</p>\n<p>Synnex saw an increase in earnings per share from 3.33 in Q3 to 5.21 now. Its most recent dividend yield is at 0.92%, which has decreased by 0.34% from 1.26% in the previous quarter.</p>\n<p>Most recently, China Index Holdings reported earnings per share at 0.12, whereas in Q2 earnings per share sat at 0.1. China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.</p>\n<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>\n</body></html>","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>Overview Of Value Stocks In The Technology Sector</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\">\nOverview Of Value Stocks In The Technology Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-16 23:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><h2>What are Value Stocks?</h2>\n<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.</p>\n<h2>The following stocks are considered to be notable value stocks in the technology sector:</h2>\n<ol>\n<li><strong>Hamilton Beach Brands</strong> (NYSE:HBB) - P/E: 9.01</li>\n<li><strong><a href=\"https://laohu8.com/S/INPX\">Inpixon</a></strong> (NASDAQ:INPX) - P/E: 0.11</li>\n<li><strong>Nortech Systems</strong> (NASDAQ:NSYS) - P/E: 9.64</li>\n<li><strong>Synnex</strong> (NYSE:SNX) - P/E: 8.81</li>\n<li><strong>China Index Holdings</strong> (NASDAQ:CIH) - P/E: 5.1</li>\n</ol>\n<p>Hamilton Beach Brands saw a decrease in earnings per share from 0.59 in Q2 to -0.15 now. The company's most recent dividend yield sits at 1.95%, which has decreased by 0.11% from 2.06% last quarter.</p>\n<p>Most recently, Inpixon reported earnings per share at -0.13, whereas in Q2 earnings per share sat at -0.21. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.</p>\n<p>Nortech Systems's earnings per share for Q3 sits at -0.35, whereas in Q2, they were at -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.</p>\n<p>Synnex saw an increase in earnings per share from 3.33 in Q3 to 5.21 now. Its most recent dividend yield is at 0.92%, which has decreased by 0.34% from 1.26% in the previous quarter.</p>\n<p>Most recently, China Index Holdings reported earnings per share at 0.12, whereas in Q2 earnings per share sat at 0.1. China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.</p>\n<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CIH":"中指控股","NSYS":"Nortech Systems Incorporated","SNX":"新聚思","HBB":"Hamilton Beach Brands Holding Company"},"source_url":"https://www.benzinga.com/node/19676385","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2111881011","content_text":"What are Value Stocks?\nA value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.\nThe following stocks are considered to be notable value stocks in the technology sector:\n\nHamilton Beach Brands (NYSE:HBB) - P/E: 9.01\nInpixon (NASDAQ:INPX) - P/E: 0.11\nNortech Systems (NASDAQ:NSYS) - P/E: 9.64\nSynnex (NYSE:SNX) - P/E: 8.81\nChina Index Holdings (NASDAQ:CIH) - P/E: 5.1\n\nHamilton Beach Brands saw a decrease in earnings per share from 0.59 in Q2 to -0.15 now. The company's most recent dividend yield sits at 1.95%, which has decreased by 0.11% from 2.06% last quarter.\nMost recently, Inpixon reported earnings per share at -0.13, whereas in Q2 earnings per share sat at -0.21. Inpixon does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.\nNortech Systems's earnings per share for Q3 sits at -0.35, whereas in Q2, they were at -0.05. Nortech Systems does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.\nSynnex saw an increase in earnings per share from 3.33 in Q3 to 5.21 now. Its most recent dividend yield is at 0.92%, which has decreased by 0.34% from 1.26% in the previous quarter.\nMost recently, China Index Holdings reported earnings per share at 0.12, whereas in Q2 earnings per share sat at 0.1. China Index Holdings does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.\nThese 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382987240,"gmtCreate":1613349955480,"gmtModify":1704879965355,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Fly!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Fly!","text":"$Tiger Brokers(TIGR)$Fly!","images":[{"img":"https://static.tigerbbs.com/6c60ea3f7e0922a09217f21c05aabe90","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382987240","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":386759269,"gmtCreate":1613280632351,"gmtModify":1704879730960,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386759269","repostId":"2110904027","repostType":4,"repost":{"id":"2110904027","pubTimestamp":1613120945,"share":"https://ttm.financial/m/news/2110904027?lang=&edition=fundamental","pubTime":"2021-02-12 17:09","market":"fut","language":"en","title":"Oil’s Red-Hot Rally Fizzles With Virus Continuing Hold on Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2110904027","media":"Bloomberg","summary":"(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic c","content":"<p>(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as <a href=\"https://laohu8.com/S/AONE\">one</a> technical indicator signaled prices may have climbed too far, too fast.</p><p>Futures in New York fell for a second session on Friday after surging more than 12% for the longest run of gains in two years. The enduring outbreak continues to crimp fuel consumption from China to the U.S., with the International Energy Agency cutting its demand forecast for 2021 and describing the market as fragile. The U.S. government earlier this week also predicted the nation’s petroleum demand will likely need much more time to recover.</p><p>Despite the bearish sentiment, oil is still set to eke out a weekly gain and some are optimistic on the longer term outlook, including the IEA. The market is tightening, traders such as Trafigura Group see prices moving higher, and Citigroup Inc. is predicting Brent crude may hit $70 a barrel by year-end.</p><p>Oil’s rapid rebound from the depths of the Covid-19 pandemic has accelerated this year after Saudi Arabia pledged to deepen output cuts. Prompt timespreads have firmed in a bullish backwardation structure, helping to unwind bloated stockpiles held in onshore tanks and on ships that swelled during the outbreak.</p><p>While the recent eight-day rally pushed oil prices to the highest level in a year, it also sent crude’s 14-day Relative Strength Index firmly into overbought territory, signaling a correction was due.</p><p>“It was a long, uninterrupted rally that had to take a breather,” said Vandana Hari, founder of consultancy Vanda Insights. “The next leg up in prices may need reassurance that OPEC+ do not proceed to open the spigots from April.”</p><p>The IEA cut its forecast for world oil consumption in 2021 by 200,000 barrels a day, according to a report released on Thursday. The agency also boosted its projection for supplies outside the OPEC cartel by 400,000 barrels a day as a price recovery spurs investment.</p><p>Still, the IEA predicted a rapid stock draw during the second half, while OPEC estimated stronger global demand over the same period. The cartel increased its forecast for the amount of crude it will need to supply in 2021 by 340,000 barrels a day on weaker output from rival producers, according to a separate report.</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>Oil’s Red-Hot Rally Fizzles With Virus Continuing Hold on Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil’s Red-Hot Rally Fizzles With Virus Continuing Hold on Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-extends-drop-below-58-234202757.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as one technical indicator signaled prices may have ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-extends-drop-below-58-234202757.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3faadc006e67e6ac130a7b171f263b4d","relate_stocks":{"CVX":"雪佛龙","COP":"康菲石油","C":"花旗","XOM":"埃克森美孚","BAC":"美国银行"},"source_url":"https://finance.yahoo.com/news/oil-extends-drop-below-58-234202757.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2110904027","content_text":"(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as one technical indicator signaled prices may have climbed too far, too fast.Futures in New York fell for a second session on Friday after surging more than 12% for the longest run of gains in two years. The enduring outbreak continues to crimp fuel consumption from China to the U.S., with the International Energy Agency cutting its demand forecast for 2021 and describing the market as fragile. The U.S. government earlier this week also predicted the nation’s petroleum demand will likely need much more time to recover.Despite the bearish sentiment, oil is still set to eke out a weekly gain and some are optimistic on the longer term outlook, including the IEA. The market is tightening, traders such as Trafigura Group see prices moving higher, and Citigroup Inc. is predicting Brent crude may hit $70 a barrel by year-end.Oil’s rapid rebound from the depths of the Covid-19 pandemic has accelerated this year after Saudi Arabia pledged to deepen output cuts. Prompt timespreads have firmed in a bullish backwardation structure, helping to unwind bloated stockpiles held in onshore tanks and on ships that swelled during the outbreak.While the recent eight-day rally pushed oil prices to the highest level in a year, it also sent crude’s 14-day Relative Strength Index firmly into overbought territory, signaling a correction was due.“It was a long, uninterrupted rally that had to take a breather,” said Vandana Hari, founder of consultancy Vanda Insights. “The next leg up in prices may need reassurance that OPEC+ do not proceed to open the spigots from April.”The IEA cut its forecast for world oil consumption in 2021 by 200,000 barrels a day, according to a report released on Thursday. The agency also boosted its projection for supplies outside the OPEC cartel by 400,000 barrels a day as a price recovery spurs investment.Still, the IEA predicted a rapid stock draw during the second half, while OPEC estimated stronger global demand over the same period. The cartel increased its forecast for the amount of crude it will need to supply in 2021 by 340,000 barrels a day on weaker output from rival producers, according to a separate report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383393155,"gmtCreate":1612835613977,"gmtModify":1704874785347,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383393155","repostId":"2110058617","repostType":4,"repost":{"id":"2110058617","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":1612828061,"share":"https://ttm.financial/m/news/2110058617?lang=&edition=fundamental","pubTime":"2021-02-09 07:47","market":"hk","language":"en","title":"Stocks trying to hold momentum in Asian after U.S. records","url":"https://stock-news.laohu8.com/highlight/detail?id=2110058617","media":"Reuters","summary":"Feb 9 (Reuters) - Global stocks were poised to rise again on Tuesday in Asian trading after another ","content":"<p>Feb 9 (Reuters) - Global stocks were poised to rise again on Tuesday in Asian trading after another record-setting day on Wall Street.</p>\n<p>Japan's Nikkei 225 futures rose 0.15%, e-mini futures for the S&amp;P 500 rose 0.04% and Australian S&amp;P/ASX 200 futures rose 0.12% in early trading.</p>\n<p>MSCI's broadest index of Asia-Pacific shares outside Japan&nbsp;was last up 0.04% at 720.5.</p>\n<p>The early action came after another day of so-called reflation trades around the world in which global markets bid up stocks, cryptocurrencies, oil and gold while U.S. Treasury yields held near 11-month highs and the dollar steadied.</p>\n<p>Expectations have been building that inflation will pick up as governments and central banks continue massive spending and easy money policies until officials are certain that their economies will recover from the coronavirus pandemic.</p>\n<p>\"Reflation on the back of U.S. fiscal stimulus and positive vaccine news remains the major theme for markets,\" strategists at National Australia Bank wrote.</p>\n<p>Wall Street reached all-time closing highs on Monday as the Nasdaq Composite added nearly 1% and the S&amp;P 500 and the Dow Jones Industrial Average gained about 0.75%.</p>\n<p>Cryptocurrency bitcoin rose more than 15% on Monday to another record high of $45,000 after Tesla Inc&nbsp;said it had invested around $1.5 billion in the virtual currency and expects to accept it as payment for its cars in the future.</p>\n<p>Oil prices rose more than 2% on Monday to their highest levels in more than a year, with Brent nudging past $60 a barrel.</p>\n<p>\"There is a sense that the glut of oil supply is disappearing more rapidly than anybody thought possible,\" said Phil Flynn, senior analyst at Price Futures Group in Chicago. \"There seems to be a paradigm shift in the market.\"</p>\n<p>Spot gold jumping more than 1% on Monday to $1,830.17 an ounce as expectations of a large U.S. economic stimulus package bolstered its appeal as an inflation hedge.</p>\n<p>The dollar index which stabilized on Monday after tripping at the end of last week on a weaker-than-expected jobs report, and was last down a bare 0.04% at 90.964.</p>\n<p>Against the yen, the dollar was flat at 105.22.</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>Stocks trying to hold momentum in Asian after U.S. records</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{ 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{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\">\nStocks trying to hold momentum in Asian after U.S. records\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\">2021-02-09 07:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Feb 9 (Reuters) - Global stocks were poised to rise again on Tuesday in Asian trading after another record-setting day on Wall Street.</p>\n<p>Japan's Nikkei 225 futures rose 0.15%, e-mini futures for the S&amp;P 500 rose 0.04% and Australian S&amp;P/ASX 200 futures rose 0.12% in early trading.</p>\n<p>MSCI's broadest index of Asia-Pacific shares outside Japan&nbsp;was last up 0.04% at 720.5.</p>\n<p>The early action came after another day of so-called reflation trades around the world in which global markets bid up stocks, cryptocurrencies, oil and gold while U.S. Treasury yields held near 11-month highs and the dollar steadied.</p>\n<p>Expectations have been building that inflation will pick up as governments and central banks continue massive spending and easy money policies until officials are certain that their economies will recover from the coronavirus pandemic.</p>\n<p>\"Reflation on the back of U.S. fiscal stimulus and positive vaccine news remains the major theme for markets,\" strategists at National Australia Bank wrote.</p>\n<p>Wall Street reached all-time closing highs on Monday as the Nasdaq Composite added nearly 1% and the S&amp;P 500 and the Dow Jones Industrial Average gained about 0.75%.</p>\n<p>Cryptocurrency bitcoin rose more than 15% on Monday to another record high of $45,000 after Tesla Inc&nbsp;said it had invested around $1.5 billion in the virtual currency and expects to accept it as payment for its cars in the future.</p>\n<p>Oil prices rose more than 2% on Monday to their highest levels in more than a year, with Brent nudging past $60 a barrel.</p>\n<p>\"There is a sense that the glut of oil supply is disappearing more rapidly than anybody thought possible,\" said Phil Flynn, senior analyst at Price Futures Group in Chicago. \"There seems to be a paradigm shift in the market.\"</p>\n<p>Spot gold jumping more than 1% on Monday to $1,830.17 an ounce as expectations of a large U.S. economic stimulus package bolstered its appeal as an inflation hedge.</p>\n<p>The dollar index which stabilized on Monday after tripping at the end of last week on a weaker-than-expected jobs report, and was last down a bare 0.04% at 90.964.</p>\n<p>Against the yen, the dollar was flat at 105.22.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FXY":"日元ETF-CurrencyShares","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","DUG":"二倍做空石油与天然气ETF(ProShares)","DWT":"三倍做空原油ETN","UCO":"二倍做多彭博原油ETF","QID":"纳指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110058617","content_text":"Feb 9 (Reuters) - Global stocks were poised to rise again on Tuesday in Asian trading after another record-setting day on Wall Street.\nJapan's Nikkei 225 futures rose 0.15%, e-mini futures for the S&P 500 rose 0.04% and Australian S&P/ASX 200 futures rose 0.12% in early trading.\nMSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.04% at 720.5.\nThe early action came after another day of so-called reflation trades around the world in which global markets bid up stocks, cryptocurrencies, oil and gold while U.S. Treasury yields held near 11-month highs and the dollar steadied.\nExpectations have been building that inflation will pick up as governments and central banks continue massive spending and easy money policies until officials are certain that their economies will recover from the coronavirus pandemic.\n\"Reflation on the back of U.S. fiscal stimulus and positive vaccine news remains the major theme for markets,\" strategists at National Australia Bank wrote.\nWall Street reached all-time closing highs on Monday as the Nasdaq Composite added nearly 1% and the S&P 500 and the Dow Jones Industrial Average gained about 0.75%.\nCryptocurrency bitcoin rose more than 15% on Monday to another record high of $45,000 after Tesla Inc said it had invested around $1.5 billion in the virtual currency and expects to accept it as payment for its cars in the future.\nOil prices rose more than 2% on Monday to their highest levels in more than a year, with Brent nudging past $60 a barrel.\n\"There is a sense that the glut of oil supply is disappearing more rapidly than anybody thought possible,\" said Phil Flynn, senior analyst at Price Futures Group in Chicago. \"There seems to be a paradigm shift in the market.\"\nSpot gold jumping more than 1% on Monday to $1,830.17 an ounce as expectations of a large U.S. economic stimulus package bolstered its appeal as an inflation hedge.\nThe dollar index which stabilized on Monday after tripping at the end of last week on a weaker-than-expected jobs report, and was last down a bare 0.04% at 90.964.\nAgainst the yen, the dollar was flat at 105.22.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":382987240,"gmtCreate":1613349955480,"gmtModify":1704879965355,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Fly!","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Fly!","text":"$Tiger Brokers(TIGR)$Fly!","images":[{"img":"https://static.tigerbbs.com/6c60ea3f7e0922a09217f21c05aabe90","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382987240","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361751969,"gmtCreate":1614263846851,"gmtModify":1704769845259,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Stop halting this trade! MoFO!","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Stop halting this trade! MoFO!","text":"$GameStop(GME)$Stop halting this trade! MoFO!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361751969","isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369183080,"gmtCreate":1614008297740,"gmtModify":1704886909011,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Go Craxy","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Go Craxy","text":"$GameStop(GME)$Go Craxy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369183080","isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386759269,"gmtCreate":1613280632351,"gmtModify":1704879730960,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386759269","repostId":"2110904027","repostType":4,"repost":{"id":"2110904027","pubTimestamp":1613120945,"share":"https://ttm.financial/m/news/2110904027?lang=&edition=fundamental","pubTime":"2021-02-12 17:09","market":"fut","language":"en","title":"Oil’s Red-Hot Rally Fizzles With Virus Continuing Hold on Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2110904027","media":"Bloomberg","summary":"(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic c","content":"<p>(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as <a href=\"https://laohu8.com/S/AONE\">one</a> technical indicator signaled prices may have climbed too far, too fast.</p><p>Futures in New York fell for a second session on Friday after surging more than 12% for the longest run of gains in two years. The enduring outbreak continues to crimp fuel consumption from China to the U.S., with the International Energy Agency cutting its demand forecast for 2021 and describing the market as fragile. The U.S. government earlier this week also predicted the nation’s petroleum demand will likely need much more time to recover.</p><p>Despite the bearish sentiment, oil is still set to eke out a weekly gain and some are optimistic on the longer term outlook, including the IEA. The market is tightening, traders such as Trafigura Group see prices moving higher, and Citigroup Inc. is predicting Brent crude may hit $70 a barrel by year-end.</p><p>Oil’s rapid rebound from the depths of the Covid-19 pandemic has accelerated this year after Saudi Arabia pledged to deepen output cuts. Prompt timespreads have firmed in a bullish backwardation structure, helping to unwind bloated stockpiles held in onshore tanks and on ships that swelled during the outbreak.</p><p>While the recent eight-day rally pushed oil prices to the highest level in a year, it also sent crude’s 14-day Relative Strength Index firmly into overbought territory, signaling a correction was due.</p><p>“It was a long, uninterrupted rally that had to take a breather,” said Vandana Hari, founder of consultancy Vanda Insights. “The next leg up in prices may need reassurance that OPEC+ do not proceed to open the spigots from April.”</p><p>The IEA cut its forecast for world oil consumption in 2021 by 200,000 barrels a day, according to a report released on Thursday. The agency also boosted its projection for supplies outside the OPEC cartel by 400,000 barrels a day as a price recovery spurs investment.</p><p>Still, the IEA predicted a rapid stock draw during the second half, while OPEC estimated stronger global demand over the same period. The cartel increased its forecast for the amount of crude it will need to supply in 2021 by 340,000 barrels a day on weaker output from rival producers, according to a separate report.</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>Oil’s Red-Hot Rally Fizzles With Virus Continuing Hold on Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil’s Red-Hot Rally Fizzles With Virus Continuing Hold on Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-extends-drop-below-58-234202757.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as one technical indicator signaled prices may have ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-extends-drop-below-58-234202757.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3faadc006e67e6ac130a7b171f263b4d","relate_stocks":{"CVX":"雪佛龙","COP":"康菲石油","C":"花旗","XOM":"埃克森美孚","BAC":"美国银行"},"source_url":"https://finance.yahoo.com/news/oil-extends-drop-below-58-234202757.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2110904027","content_text":"(Bloomberg) -- Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as one technical indicator signaled prices may have climbed too far, too fast.Futures in New York fell for a second session on Friday after surging more than 12% for the longest run of gains in two years. The enduring outbreak continues to crimp fuel consumption from China to the U.S., with the International Energy Agency cutting its demand forecast for 2021 and describing the market as fragile. The U.S. government earlier this week also predicted the nation’s petroleum demand will likely need much more time to recover.Despite the bearish sentiment, oil is still set to eke out a weekly gain and some are optimistic on the longer term outlook, including the IEA. The market is tightening, traders such as Trafigura Group see prices moving higher, and Citigroup Inc. is predicting Brent crude may hit $70 a barrel by year-end.Oil’s rapid rebound from the depths of the Covid-19 pandemic has accelerated this year after Saudi Arabia pledged to deepen output cuts. Prompt timespreads have firmed in a bullish backwardation structure, helping to unwind bloated stockpiles held in onshore tanks and on ships that swelled during the outbreak.While the recent eight-day rally pushed oil prices to the highest level in a year, it also sent crude’s 14-day Relative Strength Index firmly into overbought territory, signaling a correction was due.“It was a long, uninterrupted rally that had to take a breather,” said Vandana Hari, founder of consultancy Vanda Insights. “The next leg up in prices may need reassurance that OPEC+ do not proceed to open the spigots from April.”The IEA cut its forecast for world oil consumption in 2021 by 200,000 barrels a day, according to a report released on Thursday. The agency also boosted its projection for supplies outside the OPEC cartel by 400,000 barrels a day as a price recovery spurs investment.Still, the IEA predicted a rapid stock draw during the second half, while OPEC estimated stronger global demand over the same period. The cartel increased its forecast for the amount of crude it will need to supply in 2021 by 340,000 barrels a day on weaker output from rival producers, according to a separate report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383393155,"gmtCreate":1612835613977,"gmtModify":1704874785347,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383393155","repostId":"2110058617","repostType":4,"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369181128,"gmtCreate":1614008351664,"gmtModify":1704886912939,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Plunging. Pick it up!","listText":"Plunging. Pick it up!","text":"Plunging. Pick it up!","images":[{"img":"https://static.tigerbbs.com/7b7c346553973dd563c91af901c99059","width":"720","height":"1756"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369181128","isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":387523716,"gmtCreate":1613757043635,"gmtModify":1704884764820,"author":{"id":"3573499605190234","authorId":"3573499605190234","authorIdStr":"3573499605190234","name":"狼人小弟","avatar":"https://static.tigerbbs.com/24c219c0e6550c1c0002860726fa165a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573499605190234"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387523716","repostId":"2111881011","repostType":2,"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}