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2021-08-23

First

Dow rises more than 170 points to start the week while investors await key Fed summit

2021-07-10

Cool

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2021-04-21

Time to get out and wait for the dust to settle

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2021-03-23

Buy on dips

After a big first year, expect smaller and choppier gains from the rest of this bull market

2021-03-02

Good for HSI

These Are the Winners and Losers of the Hang Seng Index Revamp

2021-04-16

Wah chiam

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Futures for the tech-heavy Nasdaq-100 fell slightly as Netflix shares dropped.</p><p>Dow Jones Industrial Average fell 50 points, while Nasdaq-100 futures shed 0.35%. S&amp;P 500 futures shed 0.2%.</p><p>Netflixshares plunged about 8% in premarket trading afterthe streaming giant reportedsubscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. The company also said it only expects to add about 1 million subscribers in the current quarter, well below estimates. Shares of Roku fell 3% in sympathy.</p><p>Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachsupgraded the stock. Norwegian jumped 2% in early trading.</p><p>Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tuesday for its worst daily performance since March 23, while the S&amp;P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.</p><p>United Airlinesplunged 8.5% on Tuesday after the carrier reported its&nbsp;fifth consecutive quarterly loss and said that&nbsp;business and international travel is still far from a recovery.&nbsp;The State Department said it would increase “do not travel” advisories to 80% of the world’s countries, adding that the pandemic&nbsp;presents an “unprecedented risk to travelers.”</p><p>United shares rebounded slightly in early trading Wednesday.</p><p>The&nbsp;Cboe Volatility Index, also known as the VIX or the market’s fear gauge, rose for two consecutive days, landing above 18 after hitting a 14-month low last week.</p><p>Companies have been handing in solid quarterly results, but the bar is high for earnings to lift the stock market higher after a strong rally to record highs this year. The Dow and the S&amp;P 500 are still both up 10% for the year after hitting records on Friday.</p><p>“This has been a very good earnings season as 90% of the S&amp;P 500 companies delivered robust results, but the problem for stocks is that most of the good news has already been priced in,” Edward Moya, senior market analyst at Oanda, said in a note.</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 opens flat after two days of losses, Netflix shares drop</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 opens flat after two days of losses, Netflix shares drop\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\">2021-04-21 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Broader stock market futures were little changed on Wednesday as equities try to recover from two days of losses. Futures for the tech-heavy Nasdaq-100 fell slightly as Netflix shares dropped.</p><p>Dow Jones Industrial Average fell 50 points, while Nasdaq-100 futures shed 0.35%. S&amp;P 500 futures shed 0.2%.</p><p>Netflixshares plunged about 8% in premarket trading afterthe streaming giant reportedsubscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. The company also said it only expects to add about 1 million subscribers in the current quarter, well below estimates. Shares of Roku fell 3% in sympathy.</p><p>Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachsupgraded the stock. Norwegian jumped 2% in early trading.</p><p>Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tuesday for its worst daily performance since March 23, while the S&amp;P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.</p><p>United Airlinesplunged 8.5% on Tuesday after the carrier reported its&nbsp;fifth consecutive quarterly loss and said that&nbsp;business and international travel is still far from a recovery.&nbsp;The State Department said it would increase “do not travel” advisories to 80% of the world’s countries, adding that the pandemic&nbsp;presents an “unprecedented risk to travelers.”</p><p>United shares rebounded slightly in early trading Wednesday.</p><p>The&nbsp;Cboe Volatility Index, also known as the VIX or the market’s fear gauge, rose for two consecutive days, landing above 18 after hitting a 14-month low last week.</p><p>Companies have been handing in solid quarterly results, but the bar is high for earnings to lift the stock market higher after a strong rally to record highs this year. The Dow and the S&amp;P 500 are still both up 10% for the year after hitting records on Friday.</p><p>“This has been a very good earnings season as 90% of the S&amp;P 500 companies delivered robust results, but the problem for stocks is that most of the good news has already been priced in,” Edward Moya, senior market analyst at Oanda, said in a note.</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":"1160986548","content_text":"Broader stock market futures were little changed on Wednesday as equities try to recover from two days of losses. Futures for the tech-heavy Nasdaq-100 fell slightly as Netflix shares dropped.Dow Jones Industrial Average fell 50 points, while Nasdaq-100 futures shed 0.35%. S&P 500 futures shed 0.2%.Netflixshares plunged about 8% in premarket trading afterthe streaming giant reportedsubscriber additions that fell far short of Wall Street estimates as the demand surge from the pandemic started to fade. The company also said it only expects to add about 1 million subscribers in the current quarter, well below estimates. Shares of Roku fell 3% in sympathy.Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachsupgraded the stock. Norwegian jumped 2% in early trading.Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally. The Dow fell 250 points on Tuesday for its worst daily performance since March 23, while the S&P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.United Airlinesplunged 8.5% on Tuesday after the carrier reported its fifth consecutive quarterly loss and said that business and international travel is still far from a recovery. The State Department said it would increase “do not travel” advisories to 80% of the world’s countries, adding that the pandemic presents an “unprecedented risk to travelers.”United shares rebounded slightly in early trading Wednesday.The Cboe Volatility Index, also known as the VIX or the market’s fear gauge, rose for two consecutive days, landing above 18 after hitting a 14-month low last week.Companies have been handing in solid quarterly results, but the bar is high for earnings to lift the stock market higher after a strong rally to record highs this year. The Dow and the S&P 500 are still both up 10% for the year after hitting records on Friday.“This has been a very good earnings season as 90% of the S&P 500 companies delivered robust results, but the problem for stocks is that most of the good news has already been priced in,” Edward Moya, senior market analyst at Oanda, said in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370883044,"gmtCreate":1618572305688,"gmtModify":1704712899595,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Wah chiam","listText":"Wah chiam","text":"Wah chiam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370883044","repostId":"2127322228","repostType":2,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353550225,"gmtCreate":1616508992367,"gmtModify":1704795080973,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Buy on dips","listText":"Buy on dips","text":"Buy on dips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353550225","repostId":"1125171845","repostType":4,"repost":{"id":"1125171845","kind":"news","pubTimestamp":1616508199,"share":"https://ttm.financial/m/news/1125171845?lang=&edition=fundamental","pubTime":"2021-03-23 22:03","market":"us","language":"en","title":"After a big first year, expect smaller and choppier gains from the rest of this bull market","url":"https://stock-news.laohu8.com/highlight/detail?id=1125171845","media":"cnbc","summary":"KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the","content":"<div>\n<p>KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline ever in such a short time.\nFrom big ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After a big first year, expect smaller and choppier gains from the rest of this bull 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; 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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\">\nAfter a big first year, expect smaller and choppier gains from the rest of this bull market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 22:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline ever in such a short time.\nFrom big ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1125171845","content_text":"KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline ever in such a short time.\nFrom big declines, strong bull markets are usually born: There have only been five other bear-markets with declines of 30% or more since World War II, and the resulting bull market market was able to carry its strong gains into a second year every single time, according LPL Financial.\nHowever, the first year’s comeback rally is usually hard to top, and the second year of a new bull market is prone to pullbacks.\nWall Street’s consensus year-end target for the S&P 500 stands at 4,099, representing a 4% gain from here, according to the CNBC Market Strategist Survey that rounds up 15 top strategists’ forecasts.\n\nPrecisely one year ago, a new bull market was born. Powered by unprecedented stimulus, stocks crawled out of their deep pandemic rout and started sprinting.\nHistory indicates that after big bear market declines, strong bull markets usually follow with gains carrying into a second year. However, investors should expect a smaller return over the next 12 months with a choppier road to get there.\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline in such a short time. There have been five other bear-market sell-offs of 30% or more since World War II, and the market has been up every single time in year two with a near 17% return on average, according to data from LPL Financial.\n\nStill, the first year’s comeback rally is usually hard to top. Only in the aftermath of the 1987 crash did stocks advance more during year two than year one, according to the data. Plus, the second year of a new bull market is prone to pullbacks with an average drawdown of 10%, LPL said.\nThe S&P 500 has bounced about 80% from its March bottom, marking the best start to a new bull market on record, LPL data showed. This historic beginning could open the door for sophomore slumps and more volatility on the horizon.\n“Embarking on the second year of the current bull market could be just as exciting for investors, but it is easy to question if the strength will continue,” said Lindsey Bell, chief investment strategist at Ally Invest. “Think of the sports free agent who disappoints after scoring the nine-figure contract, or the sequel that just doesn’t live up to the original.”\n4% gain from here?\nWall Street’s consensus year-end target for the S&P 500 stands at 4,099, representing a 4% gain from Monday’s close of 3,940.59, according to the CNBC Market Strategist Survey that rounds up 15 top strategists’ forecasts.\n\nThe bull market was officially declared when the S&P 500 wiped out its pandemic losses and reached a record closing high on Aug. 18, then the beginning of a bull cycle was traced back to the market trough with the benefit of hindsight.\nStill, the “black swan” event of 2020 makes the current bull market one of a kind. Unlike the past few crises where the malfunction of the financial markets was the culprit, this time the downturn was triggered by a pandemic. And in contrast to the slow and steady recovery in the previous cycles, this rebound has been extraordinarily rapid, thanks to trillions of dollars of aid from Congress and the Federal Reserve.\n“This is the first bull market that any of us have been through where it’s been essentially manufactured by the government and by the Fed,” said Tom Essaye, founder of Sevens Report. “The huge stock gains didn’t come organically. They were essentially decreed by the government taking on enormous amounts of debt and deficits to spur economic activity. That does change the outlook going forward.”\nWhile the history is on the market’s side, many believe that the lasting power of the new bull hinges on its ability to sustain the rally without massive amounts of stimulus. A new round of stimulus checks just started to hit Americans’ bank accounts this month. Once the stimulus boost fades out, Wall Street is betting that corporate earnings will then do the heavy-lifting and keep the lofty promises that stock prices have made.\nWhat are the risks?\nAt its current level, the S&P 500 is trading more than 21 times projections for next year’s earnings, a level not seen since 2000, according to FactSet.\n\n“You are essentially transitioning from a government-infused rally to what we hope would be an organically economically infused rally where the economy reopens and that in turn just feeds on itself,” Essaye said.\nMeanwhile, inflation expectations are rising amid the historic economic reopening and massive stimulus, making it harder to justify stocks’ lofty valuations. The concern has manifested itself in the year-to-date underperformance of the tech-heavy Nasdaq Composite as higher inflation and interest rates erode growth-oriented companies’ future earnings.\nAnother possible threat as this bull market ages could be higher tax rates with President Joe Biden set to propose higher duties to fund a grand infrastructure program. Goldman U.S. equity strategist David Kostin warned investors that Biden’s tax plans could curb S&P 500 per-share earnings by 9%.\nBiden has signaled his willingness to raise the corporate tax rate to 28% in a partial rollback of President Donald Trump’s 2017 tax overhaul. Meanwhile, Biden also endorsed upping the top marginal tax rate to 39.6% and taxing capital gains and dividends at the higher ordinary income tax rate.\nWells Fargo believes that corporate tax rates will rise but fall short of Biden’s 28% proposal, and any damage from higher taxes will be softened by stronger corporate earnings.\n“We believe record-level economic growth and fiscal spending will support higher profits, potentially offsetting the drag from a higher tax regime,” Ken Johnson, investment strategy analyst at Wells Fargo, said in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362494902,"gmtCreate":1614655148506,"gmtModify":1704773599085,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Good for HSI","listText":"Good for HSI","text":"Good for HSI","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362494902","repostId":"1165564263","repostType":4,"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":835506980,"gmtCreate":1629725691840,"gmtModify":1676530112191,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"First","listText":"First","text":"First","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835506980","repostId":"1150831098","repostType":4,"repost":{"id":"1150831098","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":1629725636,"share":"https://ttm.financial/m/news/1150831098?lang=&edition=fundamental","pubTime":"2021-08-23 21:33","market":"us","language":"en","title":"Dow rises more than 170 points to start the week while investors await key Fed summit","url":"https://stock-news.laohu8.com/highlight/detail?id=1150831098","media":"Tiger Newspress","summary":"Stocks were higher in early trading Monday following a volatile week on Wall Street as investors eye","content":"<p>Stocks were higher in early trading Monday following a volatile week on Wall Street as investors eye a key event where the Federal Reserve could hint at prospects for tapering stimulus.</p>\n<p>The Dow Jones Industrial Average gained 171 points, or nearly 0.5%. The S&amp;P 500 and Nasdaq Composite rose about 0.4% as well.</p>\n<p><img src=\"https://static.tigerbbs.com/3aef7f594594be1593b1e7cb0194abc9\" tg-width=\"1011\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of vaccine makers are higher in premarket trading with investors' eyes on the FDA, which is expected to give the two-dose Pfizer-BioNTech Covid-19 vaccine full approval Monday.Pfizer&nbsp;is up about 3% and&nbsp;BioNTech&nbsp;jumped 7%.</p>\n<p>Bitcoin hit a three-month high on Sunday, punching above $50,000 and pulling crypto-adjacent stocks up with it.Coinbase&nbsp;rose 3% higher in early trading, while&nbsp;Microstrategy&nbsp;climbed 4%.</p>\n<p>Major averages are coming off a losing week as investors grew worried that the Fed's potential move to pull back monetary stimulus could slow down the economic recovery that is already challenged by the spread of the delta Covid-19 variant.</p>\n<p>Traders are eagerly awaiting the Jackson Hole&nbsp;symposium for clues on the Fed’s timeline for dialing back its $120 billion a month bond-buying program. The event takes place virtually on Thursday and Friday. The Fed previously was going to conduct the event in a mixed virtual and live presentation, but decided Friday to go all virtual in light of the rising virus risk.</p>\n<p>Chairman Jerome Powell’s speech will be titled “The Economic Outlook,” which “may suggest the speech could have a more near-term focus,” Nomura economist Aichi Amemiya said in a note.</p>\n<p>“Given the recent deterioration in incoming data and the pandemic situation, we see some risk Powell focuses on increased uncertainty due to the latest COVID-19 surge,” Amemiya added. “At a minimum, we view recent comments from Fed officials as supporting our view of a December tapering announcement despite a preference on the FOMC for November as of the July meeting.”</p>\n<p>The blue-chip Dow fell 1.1% last week, while the S&amp;P 500 declined nearly 0.6%, breaking a two-week winning streak. The tech-heavy Nasdaq dipped 0.7% during the week.</p>\n<p>“We suspect investor conviction is being challenged by the potential for upcoming monetary policy changes, shifting growth vs. value rotations, and a rising trajectory of new coronavirus cases,” Craig Johnson, technical market strategist at Piper Sandler, said in a note.</p>\n<p>For the month of August, major benchmarks are poised to post modest gains. The S&amp;P 500 is up 1.1% month to date, while the blue-chip Dow has gained 0.5% and the Nasdaq has climbed 0.3%.</p>\n<p>“August is a historically volatile month for markets and this year is no different, with investors currently climbing multiple walls of worries,” said Rod von Lipsey, managing director at UBS Private Wealth Management. “Upticks in Covid-19 cases and a downward spiral in Afghanistan are creating a crisis of confidence, at a time when many investors are on holiday.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow rises more than 170 points to start the week while investors await key Fed summit</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\">\nDow rises more than 170 points to start the week while investors await key Fed summit\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\">2021-08-23 21:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks were higher in early trading Monday following a volatile week on Wall Street as investors eye a key event where the Federal Reserve could hint at prospects for tapering stimulus.</p>\n<p>The Dow Jones Industrial Average gained 171 points, or nearly 0.5%. The S&amp;P 500 and Nasdaq Composite rose about 0.4% as well.</p>\n<p><img src=\"https://static.tigerbbs.com/3aef7f594594be1593b1e7cb0194abc9\" tg-width=\"1011\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of vaccine makers are higher in premarket trading with investors' eyes on the FDA, which is expected to give the two-dose Pfizer-BioNTech Covid-19 vaccine full approval Monday.Pfizer&nbsp;is up about 3% and&nbsp;BioNTech&nbsp;jumped 7%.</p>\n<p>Bitcoin hit a three-month high on Sunday, punching above $50,000 and pulling crypto-adjacent stocks up with it.Coinbase&nbsp;rose 3% higher in early trading, while&nbsp;Microstrategy&nbsp;climbed 4%.</p>\n<p>Major averages are coming off a losing week as investors grew worried that the Fed's potential move to pull back monetary stimulus could slow down the economic recovery that is already challenged by the spread of the delta Covid-19 variant.</p>\n<p>Traders are eagerly awaiting the Jackson Hole&nbsp;symposium for clues on the Fed’s timeline for dialing back its $120 billion a month bond-buying program. The event takes place virtually on Thursday and Friday. The Fed previously was going to conduct the event in a mixed virtual and live presentation, but decided Friday to go all virtual in light of the rising virus risk.</p>\n<p>Chairman Jerome Powell’s speech will be titled “The Economic Outlook,” which “may suggest the speech could have a more near-term focus,” Nomura economist Aichi Amemiya said in a note.</p>\n<p>“Given the recent deterioration in incoming data and the pandemic situation, we see some risk Powell focuses on increased uncertainty due to the latest COVID-19 surge,” Amemiya added. “At a minimum, we view recent comments from Fed officials as supporting our view of a December tapering announcement despite a preference on the FOMC for November as of the July meeting.”</p>\n<p>The blue-chip Dow fell 1.1% last week, while the S&amp;P 500 declined nearly 0.6%, breaking a two-week winning streak. The tech-heavy Nasdaq dipped 0.7% during the week.</p>\n<p>“We suspect investor conviction is being challenged by the potential for upcoming monetary policy changes, shifting growth vs. value rotations, and a rising trajectory of new coronavirus cases,” Craig Johnson, technical market strategist at Piper Sandler, said in a note.</p>\n<p>For the month of August, major benchmarks are poised to post modest gains. The S&amp;P 500 is up 1.1% month to date, while the blue-chip Dow has gained 0.5% and the Nasdaq has climbed 0.3%.</p>\n<p>“August is a historically volatile month for markets and this year is no different, with investors currently climbing multiple walls of worries,” said Rod von Lipsey, managing director at UBS Private Wealth Management. “Upticks in Covid-19 cases and a downward spiral in Afghanistan are creating a crisis of confidence, at a time when many investors are on holiday.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150831098","content_text":"Stocks were higher in early trading Monday following a volatile week on Wall Street as investors eye a key event where the Federal Reserve could hint at prospects for tapering stimulus.\nThe Dow Jones Industrial Average gained 171 points, or nearly 0.5%. The S&P 500 and Nasdaq Composite rose about 0.4% as well.\n\nShares of vaccine makers are higher in premarket trading with investors' eyes on the FDA, which is expected to give the two-dose Pfizer-BioNTech Covid-19 vaccine full approval Monday.Pfizer is up about 3% and BioNTech jumped 7%.\nBitcoin hit a three-month high on Sunday, punching above $50,000 and pulling crypto-adjacent stocks up with it.Coinbase rose 3% higher in early trading, while Microstrategy climbed 4%.\nMajor averages are coming off a losing week as investors grew worried that the Fed's potential move to pull back monetary stimulus could slow down the economic recovery that is already challenged by the spread of the delta Covid-19 variant.\nTraders are eagerly awaiting the Jackson Hole symposium for clues on the Fed’s timeline for dialing back its $120 billion a month bond-buying program. The event takes place virtually on Thursday and Friday. The Fed previously was going to conduct the event in a mixed virtual and live presentation, but decided Friday to go all virtual in light of the rising virus risk.\nChairman Jerome Powell’s speech will be titled “The Economic Outlook,” which “may suggest the speech could have a more near-term focus,” Nomura economist Aichi Amemiya said in a note.\n“Given the recent deterioration in incoming data and the pandemic situation, we see some risk Powell focuses on increased uncertainty due to the latest COVID-19 surge,” Amemiya added. “At a minimum, we view recent comments from Fed officials as supporting our view of a December tapering announcement despite a preference on the FOMC for November as of the July meeting.”\nThe blue-chip Dow fell 1.1% last week, while the S&P 500 declined nearly 0.6%, breaking a two-week winning streak. The tech-heavy Nasdaq dipped 0.7% during the week.\n“We suspect investor conviction is being challenged by the potential for upcoming monetary policy changes, shifting growth vs. value rotations, and a rising trajectory of new coronavirus cases,” Craig Johnson, technical market strategist at Piper Sandler, said in a note.\nFor the month of August, major benchmarks are poised to post modest gains. The S&P 500 is up 1.1% month to date, while the blue-chip Dow has gained 0.5% and the Nasdaq has climbed 0.3%.\n“August is a historically volatile month for markets and this year is no different, with investors currently climbing multiple walls of worries,” said Rod von Lipsey, managing director at UBS Private Wealth Management. “Upticks in Covid-19 cases and a downward spiral in Afghanistan are creating a crisis of confidence, at a time when many investors are on holiday.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141536018,"gmtCreate":1625879466534,"gmtModify":1703750268604,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141536018","repostId":"2150030193","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378153940,"gmtCreate":1619012500480,"gmtModify":1704718277615,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Time to get out and wait for the dust to settle","listText":"Time to get out and wait for the dust to settle","text":"Time to get out and wait for the dust to settle","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378153940","repostId":"1160986548","repostType":4,"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353550225,"gmtCreate":1616508992367,"gmtModify":1704795080973,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Buy on dips","listText":"Buy on dips","text":"Buy on dips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353550225","repostId":"1125171845","repostType":4,"repost":{"id":"1125171845","kind":"news","pubTimestamp":1616508199,"share":"https://ttm.financial/m/news/1125171845?lang=&edition=fundamental","pubTime":"2021-03-23 22:03","market":"us","language":"en","title":"After a big first year, expect smaller and choppier gains from the rest of this bull market","url":"https://stock-news.laohu8.com/highlight/detail?id=1125171845","media":"cnbc","summary":"KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the","content":"<div>\n<p>KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline ever in such a short time.\nFrom big ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After a big first year, expect smaller and choppier gains from the rest of this bull 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; 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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\">\nAfter a big first year, expect smaller and choppier gains from the rest of this bull market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 22:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline ever in such a short time.\nFrom big ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/23/after-a-big-first-year-expect-smaller-and-choppier-gains-from-the-rest-of-this-bull-market.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1125171845","content_text":"KEY POINTS\n\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline ever in such a short time.\nFrom big declines, strong bull markets are usually born: There have only been five other bear-markets with declines of 30% or more since World War II, and the resulting bull market market was able to carry its strong gains into a second year every single time, according LPL Financial.\nHowever, the first year’s comeback rally is usually hard to top, and the second year of a new bull market is prone to pullbacks.\nWall Street’s consensus year-end target for the S&P 500 stands at 4,099, representing a 4% gain from here, according to the CNBC Market Strategist Survey that rounds up 15 top strategists’ forecasts.\n\nPrecisely one year ago, a new bull market was born. Powered by unprecedented stimulus, stocks crawled out of their deep pandemic rout and started sprinting.\nHistory indicates that after big bear market declines, strong bull markets usually follow with gains carrying into a second year. However, investors should expect a smaller return over the next 12 months with a choppier road to get there.\nIt was on March 23, 2020 when the S&P 500 hit its bottom after the Covid crisis sent the equity benchmark tumbling 30% in 22 days, the biggest decline in such a short time. There have been five other bear-market sell-offs of 30% or more since World War II, and the market has been up every single time in year two with a near 17% return on average, according to data from LPL Financial.\n\nStill, the first year’s comeback rally is usually hard to top. Only in the aftermath of the 1987 crash did stocks advance more during year two than year one, according to the data. Plus, the second year of a new bull market is prone to pullbacks with an average drawdown of 10%, LPL said.\nThe S&P 500 has bounced about 80% from its March bottom, marking the best start to a new bull market on record, LPL data showed. This historic beginning could open the door for sophomore slumps and more volatility on the horizon.\n“Embarking on the second year of the current bull market could be just as exciting for investors, but it is easy to question if the strength will continue,” said Lindsey Bell, chief investment strategist at Ally Invest. “Think of the sports free agent who disappoints after scoring the nine-figure contract, or the sequel that just doesn’t live up to the original.”\n4% gain from here?\nWall Street’s consensus year-end target for the S&P 500 stands at 4,099, representing a 4% gain from Monday’s close of 3,940.59, according to the CNBC Market Strategist Survey that rounds up 15 top strategists’ forecasts.\n\nThe bull market was officially declared when the S&P 500 wiped out its pandemic losses and reached a record closing high on Aug. 18, then the beginning of a bull cycle was traced back to the market trough with the benefit of hindsight.\nStill, the “black swan” event of 2020 makes the current bull market one of a kind. Unlike the past few crises where the malfunction of the financial markets was the culprit, this time the downturn was triggered by a pandemic. And in contrast to the slow and steady recovery in the previous cycles, this rebound has been extraordinarily rapid, thanks to trillions of dollars of aid from Congress and the Federal Reserve.\n“This is the first bull market that any of us have been through where it’s been essentially manufactured by the government and by the Fed,” said Tom Essaye, founder of Sevens Report. “The huge stock gains didn’t come organically. They were essentially decreed by the government taking on enormous amounts of debt and deficits to spur economic activity. That does change the outlook going forward.”\nWhile the history is on the market’s side, many believe that the lasting power of the new bull hinges on its ability to sustain the rally without massive amounts of stimulus. A new round of stimulus checks just started to hit Americans’ bank accounts this month. Once the stimulus boost fades out, Wall Street is betting that corporate earnings will then do the heavy-lifting and keep the lofty promises that stock prices have made.\nWhat are the risks?\nAt its current level, the S&P 500 is trading more than 21 times projections for next year’s earnings, a level not seen since 2000, according to FactSet.\n\n“You are essentially transitioning from a government-infused rally to what we hope would be an organically economically infused rally where the economy reopens and that in turn just feeds on itself,” Essaye said.\nMeanwhile, inflation expectations are rising amid the historic economic reopening and massive stimulus, making it harder to justify stocks’ lofty valuations. The concern has manifested itself in the year-to-date underperformance of the tech-heavy Nasdaq Composite as higher inflation and interest rates erode growth-oriented companies’ future earnings.\nAnother possible threat as this bull market ages could be higher tax rates with President Joe Biden set to propose higher duties to fund a grand infrastructure program. Goldman U.S. equity strategist David Kostin warned investors that Biden’s tax plans could curb S&P 500 per-share earnings by 9%.\nBiden has signaled his willingness to raise the corporate tax rate to 28% in a partial rollback of President Donald Trump’s 2017 tax overhaul. Meanwhile, Biden also endorsed upping the top marginal tax rate to 39.6% and taxing capital gains and dividends at the higher ordinary income tax rate.\nWells Fargo believes that corporate tax rates will rise but fall short of Biden’s 28% proposal, and any damage from higher taxes will be softened by stronger corporate earnings.\n“We believe record-level economic growth and fiscal spending will support higher profits, potentially offsetting the drag from a higher tax regime,” Ken Johnson, investment strategy analyst at Wells Fargo, said in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362494902,"gmtCreate":1614655148506,"gmtModify":1704773599085,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Good for HSI","listText":"Good for HSI","text":"Good for HSI","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362494902","repostId":"1165564263","repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370883044,"gmtCreate":1618572305688,"gmtModify":1704712899595,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"themes":[],"htmlText":"Wah chiam","listText":"Wah chiam","text":"Wah chiam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370883044","repostId":"2127322228","repostType":2,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}