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shane123
01-31
$Frencken(E28.SI)$
anything happen to franken?
shane123
01-30
huat franken to the moon
shane123
2023-10-19
$CapLand IntCom T(C38U.SI)$
why keep falling? when the falling will end?
shane123
2023-09-27
$CapLand IntCom T(C38U.SI)$
why is it keep dropping?
shane123
2023-06-23
$Digital Turbine(APPS)$
is this stock a doomed stock?
shane123
2022-10-14
$NVIDIA Corp(NVDA)$
bullish all the way
shane123
2022-10-14
$NVIDIA Corp(NVDA)$
shane123
2022-09-27
$FRASERS CENTREPOINT TRUST(J69U.SI)$
why drop so much? can anyone know what is happening?
shane123
2022-01-14
$Moderna, Inc.(MRNA)$
why keep dropping?
shane123
2022-01-14
$BioNTech SE(BNTX)$
why keep dropping?
shane123
2022-01-04
$Digital Turbine(APPS)$
why keep dropping?
shane123
2021-09-23
$Tencent Holding Ltd.(TCEHY)$
???
shane123
2021-09-21
$Tencent Holding Ltd.(TCEHY)$
???
shane123
2021-09-21
huat!
Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday
shane123
2021-09-21
$Pfizer(PFE)$
huat!
shane123
2021-09-20
$CapitaLandInves(9CI.SI)$
huat to the moon!
shane123
2021-09-20
$Tencent Holding Ltd.(TCEHY)$
???
shane123
2021-09-18
$Alibaba(BABA)$
???
shane123
2021-09-18
$Moderna, Inc.(MRNA)$
huat!
shane123
2021-09-17
$Tencent Holding Ltd.(TCEHY)$
???
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href=\"https://ttm.financial/S/E28.SI\">$Frencken(E28.SI)$ </a> anything happen to franken?","listText":"<a href=\"https://ttm.financial/S/E28.SI\">$Frencken(E28.SI)$ </a> anything happen to franken?","text":"$Frencken(E28.SI)$ anything happen to franken?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/268836398637240","isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268645255078096,"gmtCreate":1706596167868,"gmtModify":1706596172175,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat franken to the moon","listText":"huat franken to the moon","text":"huat franken to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268645255078096","isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232058934386704,"gmtCreate":1697684849170,"gmtModify":1697684851310,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","text":"$CapLand IntCom T(C38U.SI)$ why keep falling? when the falling will end?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232058934386704","isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224440779386912,"gmtCreate":1695804027120,"gmtModify":1695804029728,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","text":"$CapLand IntCom T(C38U.SI)$ why is it keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/224440779386912","isVote":1,"tweetType":1,"viewCount":861,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582448358405538","authorId":"3582448358405538","name":"steve ong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"idStr":"3582448358405538","authorIdStr":"3582448358405538"},"content":"I also want to know who understands","text":"I also want to know who understands","html":"I also want to know who understands"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190474356879392,"gmtCreate":1687528228148,"gmtModify":1687528231104,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$ </a>is this stock a doomed stock? ","listText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$ </a>is this stock a doomed stock? ","text":"$Digital Turbine(APPS)$ is this stock a doomed stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190474356879392","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980626637,"gmtCreate":1665719333629,"gmtModify":1676537654994,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>bullish all the way","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>bullish all the way","text":"$NVIDIA Corp(NVDA)$bullish all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980626637","isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980626971,"gmtCreate":1665719250994,"gmtModify":1676537654983,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980626971","isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911471029,"gmtCreate":1664250359561,"gmtModify":1676537419034,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a>why drop so much? can anyone know what is happening?","listText":"<a href=\"https://ttm.financial/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a>why drop so much? can anyone know what is happening?","text":"$FRASERS CENTREPOINT TRUST(J69U.SI)$why drop so much? can anyone know what is happening?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9911471029","isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567027336968594","authorId":"3567027336968594","name":"大白兔女生","avatar":"https://static.tigerbbs.com/9164215640a1bec6913d46610a230edf","crmLevel":5,"crmLevelSwitch":0,"idStr":"3567027336968594","authorIdStr":"3567027336968594"},"content":"Higher interest rate on loan and the overall market is bearish.","text":"Higher interest rate on loan and the overall market is bearish.","html":"Higher interest rate on loan and the overall market is bearish."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005390747,"gmtCreate":1642167806766,"gmtModify":1676533688190,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","text":"$Moderna, Inc.(MRNA)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005390747","isVote":1,"tweetType":1,"viewCount":1754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005390418,"gmtCreate":1642167783670,"gmtModify":1676533688190,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BNTX\">$BioNTech SE(BNTX)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/BNTX\">$BioNTech SE(BNTX)$</a>why keep dropping?","text":"$BioNTech SE(BNTX)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005390418","isVote":1,"tweetType":1,"viewCount":779,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001708353,"gmtCreate":1641310664767,"gmtModify":1676533596554,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$</a>why keep dropping?","text":"$Digital Turbine(APPS)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001708353","isVote":1,"tweetType":1,"viewCount":1066,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863559668,"gmtCreate":1632407510454,"gmtModify":1676530775552,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","listText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","text":"$Tencent Holding Ltd.(TCEHY)$???","images":[{"img":"https://static.tigerbbs.com/8391733a92710433d0f3e4a3ccd994c1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863559668","isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869943502,"gmtCreate":1632238036306,"gmtModify":1676530732652,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","listText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","text":"$Tencent Holding Ltd.(TCEHY)$???","images":[{"img":"https://static.tigerbbs.com/9a3f14299ff9c8b35ff018b2a8ab6b04","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869943502","isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869949054,"gmtCreate":1632237942078,"gmtModify":1676530732611,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat!","listText":"huat!","text":"huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869949054","repostId":"1177198394","repostType":4,"repost":{"id":"1177198394","pubTimestamp":1632235173,"share":"https://ttm.financial/m/news/1177198394?lang=&edition=fundamental","pubTime":"2021-09-21 22:39","market":"us","language":"en","title":"Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday","url":"https://stock-news.laohu8.com/highlight/detail?id=1177198394","media":"zerohedge","summary":"A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-","content":"<p>A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.</p>\n<p><img src=\"https://static.tigerbbs.com/1786f12c41a5427f9277711dd6122fa2\" tg-width=\"1280\" tg-height=\"734\" width=\"100%\" height=\"auto\">So what happened? What changed?</p>\n<p>Nomura's Charlie McElligott explains that<b>there is simply no way to overstate the power of the “reflexive vol sellers” into another spike, as this “sell the rip (in vol)” = “buy the dip (in stocks),”</b>particularly as it related Put sellers either directionally shorting “rich” vols yday…and “long sellers” who monetized their downside hedges by the close (a lot of that being 1d SPY Puts from Retail “day traders” which doesn’t show in OI), creating $Delta to buy and again self-fulfilling yet another “turnaround Tuesday”</p>\n<p><b>Critically, that Delta buying in the late day was hugely important then in reducing the absolute $ of systematic deleveraging “accelerant” flows,</b>because only closing down -170bps in SPX then meant a much more manageable -$24.7B of Vol Control de-allocation in coming days, as opposed to what would have been a much more challenging -$62.9B to digest which we estimate would have been triggered off of a “-3% close”…while similarly, Leveraged ETFs only needed to rebalance -$5.9B at EOD, as opposed to a hypothetical -$8.9B assumed at the low of the day</p>\n<p>Specifically,as SpotGamma details, the chart below shows that puts were net closed at all strikes above 4365 SPX (and 435 SPY) but there were fairly substantial positions added to lower strikes.</p>\n<p><img src=\"https://static.tigerbbs.com/25f8ce90d9cfdede70ef98382459a6cd\" tg-width=\"1024\" tg-height=\"192\" width=\"100%\" height=\"auto\"><b>This indicates puts were rolled rather than outright closed</b>. Again, with the Fed tomorrow trades want to leave some protection on.</p>\n<p>Put volume surged relative to calls yesterday...</p>\n<p><img src=\"https://static.tigerbbs.com/a25913a2cabb6b46c8d7b33bfc4c1b56\" tg-width=\"1024\" tg-height=\"527\" width=\"100%\" height=\"auto\"></p>\n<p>To Nomura's Charlie McElligott's amazement yesterday, we saw confirmation of our repeated point made stating that “the only things that clears out all that “crash” pricing in vol metrics is a crash”... yet it is<b>VERY worth noting then that we actually saw Skew still steepen further yday despite incredibly high levels of both ATM Vol and Skew</b>(SPX 1m 25delta Put Call Skew steepened 70bps, same gig for others: QQQ 64bps, IWM 37bps)...</p>\n<p><img src=\"https://static.tigerbbs.com/9f28cb0a978b218edc50c0de19472a9c\" tg-width=\"1024\" tg-height=\"525\" width=\"100%\" height=\"auto\">...which tells us that<b>the Dealer “short Vol / short Skew” problem still remains lurking in background.</b></p>\n<p>SpotGammaconcludes that its up to Powell tomorrow to set the next price move, which should be rather substantial due to the options positioning.<b>Negative gamma could strongly influence any selling to the downside.</b></p>\n<p><img src=\"https://static.tigerbbs.com/f192cee29fb2e39a7c666e6159338989\" tg-width=\"640\" tg-height=\"610\" width=\"100%\" height=\"auto\">To the upside there is also a ton of fuel for an vanna-induced move if traders sell off their puts and crush the high implied volatility levels.<b>Therefore while today is likely about chop, the move out of Wednesday should be substantial.</b></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>Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday</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\">\nPros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 22:39 GMT+8 <a href=https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.\nSo ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177198394","content_text":"A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.\nSo what happened? What changed?\nNomura's Charlie McElligott explains thatthere is simply no way to overstate the power of the “reflexive vol sellers” into another spike, as this “sell the rip (in vol)” = “buy the dip (in stocks),”particularly as it related Put sellers either directionally shorting “rich” vols yday…and “long sellers” who monetized their downside hedges by the close (a lot of that being 1d SPY Puts from Retail “day traders” which doesn’t show in OI), creating $Delta to buy and again self-fulfilling yet another “turnaround Tuesday”\nCritically, that Delta buying in the late day was hugely important then in reducing the absolute $ of systematic deleveraging “accelerant” flows,because only closing down -170bps in SPX then meant a much more manageable -$24.7B of Vol Control de-allocation in coming days, as opposed to what would have been a much more challenging -$62.9B to digest which we estimate would have been triggered off of a “-3% close”…while similarly, Leveraged ETFs only needed to rebalance -$5.9B at EOD, as opposed to a hypothetical -$8.9B assumed at the low of the day\nSpecifically,as SpotGamma details, the chart below shows that puts were net closed at all strikes above 4365 SPX (and 435 SPY) but there were fairly substantial positions added to lower strikes.\nThis indicates puts were rolled rather than outright closed. Again, with the Fed tomorrow trades want to leave some protection on.\nPut volume surged relative to calls yesterday...\n\nTo Nomura's Charlie McElligott's amazement yesterday, we saw confirmation of our repeated point made stating that “the only things that clears out all that “crash” pricing in vol metrics is a crash”... yet it isVERY worth noting then that we actually saw Skew still steepen further yday despite incredibly high levels of both ATM Vol and Skew(SPX 1m 25delta Put Call Skew steepened 70bps, same gig for others: QQQ 64bps, IWM 37bps)...\n...which tells us thatthe Dealer “short Vol / short Skew” problem still remains lurking in background.\nSpotGammaconcludes that its up to Powell tomorrow to set the next price move, which should be rather substantial due to the options positioning.Negative gamma could strongly influence any selling to the downside.\nTo the upside there is also a ton of fuel for an vanna-induced move if traders sell off their puts and crush the high implied volatility levels.Therefore while today is likely about chop, the move out of Wednesday should be substantial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869940651,"gmtCreate":1632237914673,"gmtModify":1676530732595,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>huat!","listText":"<a 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Holding Ltd.(TCEHY)$???","images":[{"img":"https://static.tigerbbs.com/2e0c2e0c30354f55917c28e5aa88aa51","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884688862","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":268836398637240,"gmtCreate":1706668417601,"gmtModify":1706668420317,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/E28.SI\">$Frencken(E28.SI)$ </a> anything happen to franken?","listText":"<a href=\"https://ttm.financial/S/E28.SI\">$Frencken(E28.SI)$ </a> anything happen to franken?","text":"$Frencken(E28.SI)$ anything happen to franken?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/268836398637240","isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224440779386912,"gmtCreate":1695804027120,"gmtModify":1695804029728,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","text":"$CapLand IntCom T(C38U.SI)$ why is it keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/224440779386912","isVote":1,"tweetType":1,"viewCount":861,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582448358405538","authorId":"3582448358405538","name":"steve ong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"idStr":"3582448358405538","authorIdStr":"3582448358405538"},"content":"I also want to know who understands","text":"I also want to know who understands","html":"I also want to know who understands"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232058934386704,"gmtCreate":1697684849170,"gmtModify":1697684851310,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","text":"$CapLand IntCom T(C38U.SI)$ why keep falling? when the falling will end?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232058934386704","isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814219483,"gmtCreate":1630822124042,"gmtModify":1676530401777,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon!","listText":"huat to the moon!","text":"huat to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814219483","repostId":"2164808914","repostType":4,"repost":{"id":"2164808914","pubTimestamp":1630777500,"share":"https://ttm.financial/m/news/2164808914?lang=&edition=fundamental","pubTime":"2021-09-05 01:45","market":"us","language":"en","title":"Cathie Wood is pouring millions into these China tech stocks — time to follow?","url":"https://stock-news.laohu8.com/highlight/detail?id=2164808914","media":"MoneyWise","summary":"It’s been a whiplash 2021 for Chinese tech stocks.\nThe Nasdaq Golden Dragon China Index, which track","content":"<p><img src=\"https://static.tigerbbs.com/de23888c2d8d96cf650c99664dbb31b2\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>It’s been a whiplash 2021 for Chinese tech stocks.</p>\n<p>The Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government.</p>\n<p>Cathie Wood, founder of Ark Invest, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the planet’s most hyped investment management firms, was one of the many investors to dump her Chinese stocks in late July.</p>\n<p>Wood has since returned to the Chinese tech space, bolstering her company's holdings with several notable Chinese stocks.</p>\n<p>Let’s see which stocks received the ace investor's stamp of approval this time around.</p>\n<p><b>JD.com (JD)</b></p>\n<p>Wood made multiple purchases of JD.com stock in August, nabbing 59,000 shares of the e-commerce company to the Ark Fintech Innovation ETF (ARKF) and just under 165,000 for Ark’s Autonomous Technology and Robotics ETF (ARKQ).</p>\n<p>\"I'm not pessimistic about China in the longer run because I think they're a very entrepreneurial society,\" Wood told Bloomberg. \"Sure, the government is putting more rules and regulations in, but I don't think the government wants to stop growth and progress at all.\"</p>\n<p>It’s an interesting take, considering Wood said during a recent Ark webinar with investors that Chinese stocks “probably will remain down.\"</p>\n<p>But Wood obviously sees value in JD.com after the company reported a 26% increase in revenue and a 27% increase in its user base during the second quarter of 2021. It’s stock has risen more than 12% in the past month.</p>\n<p>As one of the largest retailers in China, JD.com provides companies access to one of the world’s largest cohorts of consumers. The firm’s revenue streams are bolstered by offering marketing, analytics, logistics and warehousing and financing services.</p>\n<p><b>Tencent (TCEHY)</b></p>\n<p>On Aug. 16, Ark dumped more than 171,000 shares in Chinese tech conglomerate Tencent. A little more than a week later, Wood snapped up almost 235,000 shares in the company and added them to ARKF. Tencent now makes up 1.24% of ARKF’s holdings.</p>\n<p>It’s been a rough few months for Tencent. The company was recently fined multiple times by the Chinese government for anti-competitive behavior and saw its share price fall by more than 30% in the last six months. Company president Martin Lau recently told investors that he expects government regulators to be quite busy cracking down on the country’s tech sector.</p>\n<p>“It will be coming from all different regulator entities,” Lau said during an Aug. 18 call. “We think that there will be quite a few [new measures] coming out.”</p>\n<p>But Tencent’s exposure to multiple growth industries, including video games, cloud computing and artificial intelligence, make it an intriguing bet for funds like ARKF. Impressive second quarter results — a year over year increase in net profit of 29%, a rise in fintech and business services revenue of 40% — brought investors flocking back to buy Tencent on the dip.</p>\n<p>Since Aug. 19, Tencent stock is up almost 18%.</p>\n<p><b>Pinduoduo (PDD)</b></p>\n<p><img src=\"https://static.tigerbbs.com/62ae26f45f976c695c466b80913ea47e\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Ascannio / Shutterstock</p>\n<p>The largest agriculture-focused tech platform in China, Pinduoduo currently connects about 12 million farmers and distributors directly to consumers. The company recently pledged to invest approximately $1.5 billion into advancing agricultural technology for the country’s farmers.</p>\n<p>Between Pinduoduo’s business model and socially-conscious goals, Ark Invest appears to see a bright future for the company. In four transactions at the end of August, Ark added almost 208,000 shares to ARKF.</p>\n<p>“We believe that Pinduoduo's important role in modernizing China’s agriculture industry and alleviating poverty across Tier 2 and 3 cities is improving its relationship with the Chinese government relative to its competition,” Ark wrote in a note.</p>\n<p>With global demand for food on the rise, it makes sense that Wood would expect an agricultural play to pay off over the long run. But Ark’s investment in Pinduoduo is already paying off: The company’s stock is up almost 16% since Aug. 3.</p>\n<p><b>Unleash your inner Cathie</b></p>\n<p>Whether you see Chinese tech stocks as a short-term value play or a long-term investment in a sector too crucial to be over-regulated, you’ll need to get started somewhere.</p>\n<p>You’re probably already familiar with popular no-fee investment platforms, but there are several other digital platforms you can use to put your money to work.</p>\n<p>One even allows you to invest in a diversified portfolio using little more than the “spare change” left over from your everyday purchases.</p>\n<p>However you choose to invest your money, especially when it comes to volatile assets like Chinese tech stocks, just make sure you’re making an informed decision — one you can afford — and not just chasing the next flash in the pan.</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>Cathie Wood is pouring millions into these China tech stocks — time to follow?</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\">\nCathie Wood is pouring millions into these China tech stocks — time to follow?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 01:45 GMT+8 <a href=https://finance.yahoo.com/news/cathie-wood-pouring-millions-china-174500701.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s been a whiplash 2021 for Chinese tech stocks.\nThe Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-pouring-millions-china-174500701.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","CAAS":"中汽系统","JD":"京东","ARKF":"ARK Fintech Innovation ETF","PDD":"拼多多"},"source_url":"https://finance.yahoo.com/news/cathie-wood-pouring-millions-china-174500701.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164808914","content_text":"It’s been a whiplash 2021 for Chinese tech stocks.\nThe Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government.\nCathie Wood, founder of Ark Invest, one of the planet’s most hyped investment management firms, was one of the many investors to dump her Chinese stocks in late July.\nWood has since returned to the Chinese tech space, bolstering her company's holdings with several notable Chinese stocks.\nLet’s see which stocks received the ace investor's stamp of approval this time around.\nJD.com (JD)\nWood made multiple purchases of JD.com stock in August, nabbing 59,000 shares of the e-commerce company to the Ark Fintech Innovation ETF (ARKF) and just under 165,000 for Ark’s Autonomous Technology and Robotics ETF (ARKQ).\n\"I'm not pessimistic about China in the longer run because I think they're a very entrepreneurial society,\" Wood told Bloomberg. \"Sure, the government is putting more rules and regulations in, but I don't think the government wants to stop growth and progress at all.\"\nIt’s an interesting take, considering Wood said during a recent Ark webinar with investors that Chinese stocks “probably will remain down.\"\nBut Wood obviously sees value in JD.com after the company reported a 26% increase in revenue and a 27% increase in its user base during the second quarter of 2021. It’s stock has risen more than 12% in the past month.\nAs one of the largest retailers in China, JD.com provides companies access to one of the world’s largest cohorts of consumers. The firm’s revenue streams are bolstered by offering marketing, analytics, logistics and warehousing and financing services.\nTencent (TCEHY)\nOn Aug. 16, Ark dumped more than 171,000 shares in Chinese tech conglomerate Tencent. A little more than a week later, Wood snapped up almost 235,000 shares in the company and added them to ARKF. Tencent now makes up 1.24% of ARKF’s holdings.\nIt’s been a rough few months for Tencent. The company was recently fined multiple times by the Chinese government for anti-competitive behavior and saw its share price fall by more than 30% in the last six months. Company president Martin Lau recently told investors that he expects government regulators to be quite busy cracking down on the country’s tech sector.\n“It will be coming from all different regulator entities,” Lau said during an Aug. 18 call. “We think that there will be quite a few [new measures] coming out.”\nBut Tencent’s exposure to multiple growth industries, including video games, cloud computing and artificial intelligence, make it an intriguing bet for funds like ARKF. Impressive second quarter results — a year over year increase in net profit of 29%, a rise in fintech and business services revenue of 40% — brought investors flocking back to buy Tencent on the dip.\nSince Aug. 19, Tencent stock is up almost 18%.\nPinduoduo (PDD)\nAscannio / Shutterstock\nThe largest agriculture-focused tech platform in China, Pinduoduo currently connects about 12 million farmers and distributors directly to consumers. The company recently pledged to invest approximately $1.5 billion into advancing agricultural technology for the country’s farmers.\nBetween Pinduoduo’s business model and socially-conscious goals, Ark Invest appears to see a bright future for the company. In four transactions at the end of August, Ark added almost 208,000 shares to ARKF.\n“We believe that Pinduoduo's important role in modernizing China’s agriculture industry and alleviating poverty across Tier 2 and 3 cities is improving its relationship with the Chinese government relative to its competition,” Ark wrote in a note.\nWith global demand for food on the rise, it makes sense that Wood would expect an agricultural play to pay off over the long run. But Ark’s investment in Pinduoduo is already paying off: The company’s stock is up almost 16% since Aug. 3.\nUnleash your inner Cathie\nWhether you see Chinese tech stocks as a short-term value play or a long-term investment in a sector too crucial to be over-regulated, you’ll need to get started somewhere.\nYou’re probably already familiar with popular no-fee investment platforms, but there are several other digital platforms you can use to put your money to work.\nOne even allows you to invest in a diversified portfolio using little more than the “spare change” left over from your everyday purchases.\nHowever you choose to invest your money, especially when it comes to volatile assets like Chinese tech stocks, just make sure you’re making an informed decision — one you can afford — and not just chasing the next flash in the pan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813794115,"gmtCreate":1630244070937,"gmtModify":1676530249940,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon all the way!!!!!!!!!!!!!!!!!!!!!!","listText":"huat to the moon all the way!!!!!!!!!!!!!!!!!!!!!!","text":"huat to the moon all the way!!!!!!!!!!!!!!!!!!!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813794115","repostId":"2162733980","repostType":4,"repost":{"id":"2162733980","pubTimestamp":1630112394,"share":"https://ttm.financial/m/news/2162733980?lang=&edition=fundamental","pubTime":"2021-08-28 08:59","market":"us","language":"en","title":"Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust","url":"https://stock-news.laohu8.com/highlight/detail?id=2162733980","media":"Benzinga","summary":"What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest sharehol","content":"<p><b>What Happened: </b>Investment banking giant <b><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> </b>(NYSE: MS) is now the second-largest shareholder of the <b>Grayscale Bitcoin Trust </b>(OTCMKTS: GBTC) after ARK Investment Management.</p>\n<p>According to recent SEC filings, Morgan Stanley owns over 6.5 million shares of GBTC worth over $240 million at the time of writing.</p>\n<p>Cathie Wood’s ARK Invest funds currently own 9 million shares worth $350 million.</p>\n<p>Morgan Stanley’s GBTC holdings are spread out across a series of funds, of which the Morgan Stanley Insight Fund holds close to 1 million shares.</p>\n<p>The purchases over the past few months also demonstrate how significantly Morgan Stanley has increased its exposure to the leading digital asset.</p>\n<p>At the end of June, the firm reported holding 28,000 shares of GBTC worth around $800,000 at the time.</p>\n<p><b>What Else:</b> The Grayscale Bitcoin Trust itself holds over $31.24 billion of <b>Bitcoin </b>(CRYPTO: BTC) according to a recent update of its assets under management.</p>\n<p>The digital asset management firm had an overall AUM of over $43 billion at the time of writing, of which nearly $10 billion is held in the <b>Grayscale Ethereum Trust </b>(OTCMKTS: ETHE).</p>\n<p>Earlier this year, Grayscale revealed that it was 100% committed to converting its Bitcoin trust, which is currently the largest in the world, into an Exchange Traded Fund (ETF).</p>\n<p><b>Price Action:</b> At press time, GBTC shares was trading $39.15, up 3.52%. Bitcoin was up 3.66% over the past 24-hours, trading at a price of $48,976.</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>Morgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust</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\">\nMorgan Stanley Bought $240M Shares Of Grayscale Bitcoin Trust\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:59 GMT+8 <a href=https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest shareholder of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) after ARK Investment Management.\nAccording to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://finance.yahoo.com/news/morgan-stanley-bought-240m-shares-211654020.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162733980","content_text":"What Happened: Investment banking giant Morgan Stanley (NYSE: MS) is now the second-largest shareholder of the Grayscale Bitcoin Trust (OTCMKTS: GBTC) after ARK Investment Management.\nAccording to recent SEC filings, Morgan Stanley owns over 6.5 million shares of GBTC worth over $240 million at the time of writing.\nCathie Wood’s ARK Invest funds currently own 9 million shares worth $350 million.\nMorgan Stanley’s GBTC holdings are spread out across a series of funds, of which the Morgan Stanley Insight Fund holds close to 1 million shares.\nThe purchases over the past few months also demonstrate how significantly Morgan Stanley has increased its exposure to the leading digital asset.\nAt the end of June, the firm reported holding 28,000 shares of GBTC worth around $800,000 at the time.\nWhat Else: The Grayscale Bitcoin Trust itself holds over $31.24 billion of Bitcoin (CRYPTO: BTC) according to a recent update of its assets under management.\nThe digital asset management firm had an overall AUM of over $43 billion at the time of writing, of which nearly $10 billion is held in the Grayscale Ethereum Trust (OTCMKTS: ETHE).\nEarlier this year, Grayscale revealed that it was 100% committed to converting its Bitcoin trust, which is currently the largest in the world, into an Exchange Traded Fund (ETF).\nPrice Action: At press time, GBTC shares was trading $39.15, up 3.52%. Bitcoin was up 3.66% over the past 24-hours, trading at a price of $48,976.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814218431,"gmtCreate":1630822483823,"gmtModify":1676530401854,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon!","listText":"huat to the moon!","text":"huat to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814218431","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8 <a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805912402,"gmtCreate":1627835288706,"gmtModify":1703496422363,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon","listText":"huat to the moon","text":"huat to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805912402","repostId":"1159296868","repostType":4,"repost":{"id":"1159296868","pubTimestamp":1627786610,"share":"https://ttm.financial/m/news/1159296868?lang=&edition=fundamental","pubTime":"2021-08-01 10:56","market":"us","language":"en","title":"Why Oracle Stock Could Be Volatile In August","url":"https://stock-news.laohu8.com/highlight/detail?id=1159296868","media":"InvestorPlace","summary":"Despite short-term profit-taking, ORCL stock should move higher in the coming months.\n\nOnce consider","content":"<blockquote>\n Despite short-term profit-taking, ORCL stock should move higher in the coming months.\n</blockquote>\n<p>Once considered a laggard company in the world of technology,<b>Oracle</b> (NYSE:<b>ORCL</b>) stock has made a comeback as one of the best-performing tech names of 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/1e4fb922d429b71a40534256e2dff304\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: Jonathan Weiss / Shutterstock.com</p>\n<p>It was the original champion of database technology. Now Oracle is becoming an emerging force in both backend infrastructure technologies and software-as-a-service (SaaS). In other words, management is proving that what is considered outdated can quickly become hot again in the tech stock space.</p>\n<p>Investors have not been shy to bid ORCL stock up this year. Growth expectations mainly revolve around the cloud computing business. As a result, ORCL stock has soared by 56% over the last 12 months.</p>\n<p>And the rally accelerated after Oracle recently released its fourth-quarter and FY21 results. As a result, the shares hit a record high of $91.20. It currently trades around $87, up 35% in 2021. The current price supports a dividend yield of about 1.3%.</p>\n<p>Thanks to its success in the cloud, Oracle has outperformed many tech stocks currently underperforming the broader market this year. However, in the short run, ORCL stock is likely to be volatile and could see profit-taking</p>\n<p>Yet, long-term investors looking to generate lucrative returns in the rest of 2021 and beyond may consider buying the dips. Here’s why.</p>\n<p><b>How Recent Earnings Came</b></p>\n<p>Founded in 1977, Oracle is well-known for pioneering the first commercial SQL-based relational database management system. Now, with 430,000 customers in 175 countries, the tech giant provides database technology and enterprise resource planning (ERP) software to businesses and global governments. Its market capitalization stands at $246 billion.</p>\n<p>Oracle released fourth-quarter resultsin mid-June. Total revenue increased 8% year-over-year to $11.2 billion. Non-GAAP net income went up buy 20% to $4.5 billion, and non-GAAP earnings per share soared 29% to $1.54.</p>\n<p>In fiscal 2021, Oracle generated almost $13.8 billion in free cash flow. As a result, management invested heavily in stock buybacks. Excluding the $3 billion spent on dividends, it bought back 329 million shares at a cost of $21 billion in the past year. Cash and equivalents ended the fiscal year at $30.1 billion.</p>\n<p>On the results, CEO Safra Catz remarked, “Our Q4 performance was absolutely outstanding with total revenue beating guidance by nearly $200 million, and non-GAAP earnings per share beating guidance by $0.24.”</p>\n<p>Cloud apps saw 20% to 30% growth. Yet, it has not led to a significant increase in overall revenue for the fiscal year 2021. Oracle’s revenue of $40.5 billion grew only by 4% compared to the previous year.</p>\n<p>ORCL stock is currently trading at 19x forward price-earnings multiple and 6.5x current sales. The 12-month price target range for Oracle stock extends from $60 to $115. The median estimate of $80 would mean a decline of about 9% from the current levels. Therefore, short-term investors could see the shares come under pressure.</p>\n<p><b>Long-Term Tailwinds For Oracle Stock</b></p>\n<p>Despite the potential short-term volatility, there are many reasons for investors to consider ORCL stock. It has a broad portfolio addressing different spectrums of enterprise technology. Revenues have been gaining momentum after the company has shifted resources to the cloud space.</p>\n<p>Management regards the cloud in terms of platform, application, and infrastructure layers. Put another way, Oracle offers a complete package that may lead to a even a stronger competitive advantage in the long term.</p>\n<p>The company has recently announced plans to increase spending on data centers. It will double capital expenditures to almost $4 billion. Investors are hoping this heavy spending will boost the cloud businesses.</p>\n<p>Market research firm Research and Markets predicts cloud spending could grow at a compound annual growth rate of 17.5% through 2025. Although this implies a massive opportunity, Oracle currently has a minor share of the broad cloud market.</p>\n<p>The company still trails behind the market leader<b>Amazon</b>(NASDAQ:<b>AMZN</b>) as well as other competitors<b>Microsoft</b>(NASDAQ:<b>MSFT</b>) and <b>Alphabet</b> (NASDAQ:<b>GOOG</b>, NASDAQ:<b>GOOGL</b>). Recent quarterly metrics from these tech giants have shown the importance of cloud applications and services for revenues.</p>\n<p>If management were to continue its recent success, it would be possible to see Oracle grow its market cap to rapidly in the coming quarters as well.</p>\n<p><b>The Bottom Line on ORCL Stock</b></p>\n<p>Oracle’s revenue mix now focuses more on subscriptions, especially in the cloud space. Investors would like to see the bottom line grow in the coming quarters. However, it might still be several quarters before management’s efforts translate into higher earnings.</p>\n<p>Although I remain bullish on ORCL stock for the long run, I expect some profit-taking in the coming weeks Interested investors could regard any drop toward the $80 to $82 level as a better entry point.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Oracle Stock Could Be Volatile In August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Oracle Stock Could Be Volatile In August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 10:56 GMT+8 <a href=https://investorplace.com/2021/07/orcl-stock-could-be-volatile-in-august/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite short-term profit-taking, ORCL stock should move higher in the coming months.\n\nOnce considered a laggard company in the world of technology,Oracle (NYSE:ORCL) stock has made a comeback as one ...</p>\n\n<a href=\"https://investorplace.com/2021/07/orcl-stock-could-be-volatile-in-august/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文"},"source_url":"https://investorplace.com/2021/07/orcl-stock-could-be-volatile-in-august/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159296868","content_text":"Despite short-term profit-taking, ORCL stock should move higher in the coming months.\n\nOnce considered a laggard company in the world of technology,Oracle (NYSE:ORCL) stock has made a comeback as one of the best-performing tech names of 2021.\nSource: Jonathan Weiss / Shutterstock.com\nIt was the original champion of database technology. Now Oracle is becoming an emerging force in both backend infrastructure technologies and software-as-a-service (SaaS). In other words, management is proving that what is considered outdated can quickly become hot again in the tech stock space.\nInvestors have not been shy to bid ORCL stock up this year. Growth expectations mainly revolve around the cloud computing business. As a result, ORCL stock has soared by 56% over the last 12 months.\nAnd the rally accelerated after Oracle recently released its fourth-quarter and FY21 results. As a result, the shares hit a record high of $91.20. It currently trades around $87, up 35% in 2021. The current price supports a dividend yield of about 1.3%.\nThanks to its success in the cloud, Oracle has outperformed many tech stocks currently underperforming the broader market this year. However, in the short run, ORCL stock is likely to be volatile and could see profit-taking\nYet, long-term investors looking to generate lucrative returns in the rest of 2021 and beyond may consider buying the dips. Here’s why.\nHow Recent Earnings Came\nFounded in 1977, Oracle is well-known for pioneering the first commercial SQL-based relational database management system. Now, with 430,000 customers in 175 countries, the tech giant provides database technology and enterprise resource planning (ERP) software to businesses and global governments. Its market capitalization stands at $246 billion.\nOracle released fourth-quarter resultsin mid-June. Total revenue increased 8% year-over-year to $11.2 billion. Non-GAAP net income went up buy 20% to $4.5 billion, and non-GAAP earnings per share soared 29% to $1.54.\nIn fiscal 2021, Oracle generated almost $13.8 billion in free cash flow. As a result, management invested heavily in stock buybacks. Excluding the $3 billion spent on dividends, it bought back 329 million shares at a cost of $21 billion in the past year. Cash and equivalents ended the fiscal year at $30.1 billion.\nOn the results, CEO Safra Catz remarked, “Our Q4 performance was absolutely outstanding with total revenue beating guidance by nearly $200 million, and non-GAAP earnings per share beating guidance by $0.24.”\nCloud apps saw 20% to 30% growth. Yet, it has not led to a significant increase in overall revenue for the fiscal year 2021. Oracle’s revenue of $40.5 billion grew only by 4% compared to the previous year.\nORCL stock is currently trading at 19x forward price-earnings multiple and 6.5x current sales. The 12-month price target range for Oracle stock extends from $60 to $115. The median estimate of $80 would mean a decline of about 9% from the current levels. Therefore, short-term investors could see the shares come under pressure.\nLong-Term Tailwinds For Oracle Stock\nDespite the potential short-term volatility, there are many reasons for investors to consider ORCL stock. It has a broad portfolio addressing different spectrums of enterprise technology. Revenues have been gaining momentum after the company has shifted resources to the cloud space.\nManagement regards the cloud in terms of platform, application, and infrastructure layers. Put another way, Oracle offers a complete package that may lead to a even a stronger competitive advantage in the long term.\nThe company has recently announced plans to increase spending on data centers. It will double capital expenditures to almost $4 billion. Investors are hoping this heavy spending will boost the cloud businesses.\nMarket research firm Research and Markets predicts cloud spending could grow at a compound annual growth rate of 17.5% through 2025. Although this implies a massive opportunity, Oracle currently has a minor share of the broad cloud market.\nThe company still trails behind the market leaderAmazon(NASDAQ:AMZN) as well as other competitorsMicrosoft(NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). Recent quarterly metrics from these tech giants have shown the importance of cloud applications and services for revenues.\nIf management were to continue its recent success, it would be possible to see Oracle grow its market cap to rapidly in the coming quarters as well.\nThe Bottom Line on ORCL Stock\nOracle’s revenue mix now focuses more on subscriptions, especially in the cloud space. Investors would like to see the bottom line grow in the coming quarters. However, it might still be several quarters before management’s efforts translate into higher earnings.\nAlthough I remain bullish on ORCL stock for the long run, I expect some profit-taking in the coming weeks Interested investors could regard any drop toward the $80 to $82 level as a better entry point.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803287611,"gmtCreate":1627441847033,"gmtModify":1703490045056,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon","listText":"huat to the moon","text":"huat to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/803287611","repostId":"2154943718","repostType":4,"repost":{"id":"2154943718","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":1627440754,"share":"https://ttm.financial/m/news/2154943718?lang=&edition=fundamental","pubTime":"2021-07-28 10:52","market":"sh","language":"en","title":"China state-owned daily urges calm after market rout","url":"https://stock-news.laohu8.com/highlight/detail?id=2154943718","media":"Reuters","summary":"SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday aft","content":"<p>SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations.</p>\n<p>Regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the outlook for investments in Chinese firms.</p>\n<p>In a front page commentary on Wednesday, the state-owned Securities Times said that systemic risks \"do not exist in the A-share market overall.\"</p>\n<p>\"The macroeconomy is still in a steady rebound stage, and short-term fluctuations do not change the long-term positive outlook for A-shares,\" the commentary said.</p>\n<p>\"The recent market decline to some extent reflects misinterpretation of policies and a venting of emotion. Economic fundamentals have not changed and the market will stabilise at any moment.\"</p>\n<p>Other major securities dailies echoed the commentary in market reports.</p>\n<p>In a front page story citing domestic fund managers, the official China Securities Journal said the sell-off was a \"structural adjustment\", a sustained plunge is unlikely and the market does not face systemic risk.</p>\n<p>A story in the state-run Shanghai Securities News quoted domestic analysts as saying that the sell-off would not continue, and that the market will gradually stabilise.</p>\n<p>\"For institutions, the decline brings the opportunity for positioning in high-quality shares,\" it said.</p>\n<p>What started off as a sell-off in shares on Monday had spread into fixed income and foreign exchange markets by Tuesday afternoon, sending the yuan falling through psychologically significant levels and pushing Chinese sovereign bond yields, and the cost of insurance against a default in China's dollar debt, higher.</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>China state-owned daily urges calm after market rout</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\">\nChina state-owned daily urges calm after market rout\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\">2021-07-28 10:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations.</p>\n<p>Regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the outlook for investments in Chinese firms.</p>\n<p>In a front page commentary on Wednesday, the state-owned Securities Times said that systemic risks \"do not exist in the A-share market overall.\"</p>\n<p>\"The macroeconomy is still in a steady rebound stage, and short-term fluctuations do not change the long-term positive outlook for A-shares,\" the commentary said.</p>\n<p>\"The recent market decline to some extent reflects misinterpretation of policies and a venting of emotion. Economic fundamentals have not changed and the market will stabilise at any moment.\"</p>\n<p>Other major securities dailies echoed the commentary in market reports.</p>\n<p>In a front page story citing domestic fund managers, the official China Securities Journal said the sell-off was a \"structural adjustment\", a sustained plunge is unlikely and the market does not face systemic risk.</p>\n<p>A story in the state-run Shanghai Securities News quoted domestic analysts as saying that the sell-off would not continue, and that the market will gradually stabilise.</p>\n<p>\"For institutions, the decline brings the opportunity for positioning in high-quality shares,\" it said.</p>\n<p>What started off as a sell-off in shares on Monday had spread into fixed income and foreign exchange markets by Tuesday afternoon, sending the yuan falling through psychologically significant levels and pushing Chinese sovereign bond yields, and the cost of insurance against a default in China's dollar debt, higher.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154943718","content_text":"SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations.\nRegulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the outlook for investments in Chinese firms.\nIn a front page commentary on Wednesday, the state-owned Securities Times said that systemic risks \"do not exist in the A-share market overall.\"\n\"The macroeconomy is still in a steady rebound stage, and short-term fluctuations do not change the long-term positive outlook for A-shares,\" the commentary said.\n\"The recent market decline to some extent reflects misinterpretation of policies and a venting of emotion. Economic fundamentals have not changed and the market will stabilise at any moment.\"\nOther major securities dailies echoed the commentary in market reports.\nIn a front page story citing domestic fund managers, the official China Securities Journal said the sell-off was a \"structural adjustment\", a sustained plunge is unlikely and the market does not face systemic risk.\nA story in the state-run Shanghai Securities News quoted domestic analysts as saying that the sell-off would not continue, and that the market will gradually stabilise.\n\"For institutions, the decline brings the opportunity for positioning in high-quality shares,\" it said.\nWhat started off as a sell-off in shares on Monday had spread into fixed income and foreign exchange markets by Tuesday afternoon, sending the yuan falling through psychologically significant levels and pushing Chinese sovereign bond yields, and the cost of insurance against a default in China's dollar debt, higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005390747,"gmtCreate":1642167806766,"gmtModify":1676533688190,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","text":"$Moderna, Inc.(MRNA)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005390747","isVote":1,"tweetType":1,"viewCount":1754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814216972,"gmtCreate":1630822524696,"gmtModify":1676530401861,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat all the way to the moon!!!!","listText":"huat all the way to the moon!!!!","text":"huat all the way to the moon!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814216972","repostId":"1194566233","repostType":4,"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813794075,"gmtCreate":1630244011897,"gmtModify":1676530249932,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon","listText":"huat to the moon","text":"huat to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813794075","repostId":"1184130616","repostType":4,"repost":{"id":"1184130616","pubTimestamp":1630111537,"share":"https://ttm.financial/m/news/1184130616?lang=&edition=fundamental","pubTime":"2021-08-28 08:45","market":"us","language":"en","title":"Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers","url":"https://stock-news.laohu8.com/highlight/detail?id=1184130616","media":"Benzinga","summary":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the head","content":"<p><i>Does crime pay?</i></p>\n<p>Among the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,<b>Bernard Ebbers</b>physically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.</p>\n<p>Ebbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”</p>\n<p><b>But ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.</b></p>\n<p><b>A Man In Search Of Himself:</b> Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.</p>\n<p>The Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.</p>\n<p>Ebbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,<b>Linda Pigott,</b>after graduating and landed work teaching science to middle-school students while coaching high school basketball.</p>\n<p>But Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.</p>\n<p>Ebbers’ approach to running a hospitality establishment sometimes bordered on the eccentric. He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.</p>\n<p><b>Calling Out Around The World:</b>Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup of<b>AT&T Inc.'s</b> T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.</p>\n<p>In 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.</p>\n<p>Ebbers and his pals decided to get into the telecommunications business with <b>Long Distance Discount Services,</b> which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.</p>\n<p><b>Carl J. Aycock,</b>a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.</p>\n<p>“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.</p>\n<p>Maybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.</p>\n<p>Within 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.</p>\n<p>Many of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of <b>Advanced Telecommunications Corporation</b> in 1992.</p>\n<p>The unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&T and <b>Sprint Corporation,</b>both considerably larger players in this field.</p>\n<p>The one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to <b>Kristie Webb.</b></p>\n<p>In February 1998, Ebbers’ company launched its acquisition plans for <b>CompuServe</b> from <b>H&R Block Inc</b>.</p>\n<p>This transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition to<b>America Online,</b>while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.</p>\n<p>In September 1998, LDDS WorldCom sealed a $37 billion union with <b>MCI Communications,</b>which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit — except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.</p>\n<p><b>A Little Out Of Touch:</b>One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.</p>\n<p>At the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.</p>\n<p>“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”</p>\n<p>But as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.</p>\n<p>And for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”</p>\n<p>While Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.</p>\n<p><b>In retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw</b>, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.</p>\n<p><b>Detour Off The Cliff:</b>The first cracks in this corporate story began in October 1999 when MCI WorldCom — which had become the second-largest long-distance telephone company in the country — announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.</p>\n<p>With the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.</p>\n<p>Worldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a senior manager ordering a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.</p>\n<p>The company’s chief technical officer,<b>Fred Briggs,</b>then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project — and his directive was shared with other divisions in the company.</p>\n<p>A WorldCom budget analyst named <b>Kim Amigh</b>in the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh — three months after his action, Amigh was abruptly laid off from the company.</p>\n<p>But Vice President of Internal Audit <b>Cynthia Cooper</b> learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 — except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.</p>\n<p>Cooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.</p>\n<p>And Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.</p>\n<p>Adding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.</p>\n<p>To alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000 — and then borrowed again and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.</p>\n<p>In June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.</p>\n<p><b>Road’s End:</b>The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.</p>\n<p>Ebbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.</p>\n<p>“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”</p>\n<p>Ebbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.</p>\n<p>He remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.</p>\n<p>After 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.</p>\n<p>In defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.</p>\n<p>Said Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”</p>\n<p></p>","source":"lsy1606299360108","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>Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:45 GMT+8 <a href=https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HRB":"H&R布洛克税务"},"source_url":"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184130616","content_text":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.\nEbbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”\nBut ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.\nA Man In Search Of Himself: Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.\nThe Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.\nEbbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,Linda Pigott,after graduating and landed work teaching science to middle-school students while coaching high school basketball.\nBut Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.\nEbbers’ approach to running a hospitality establishment sometimes bordered on the eccentric. He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.\nCalling Out Around The World:Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup ofAT&T Inc.'s T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.\nIn 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.\nEbbers and his pals decided to get into the telecommunications business with Long Distance Discount Services, which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.\nCarl J. Aycock,a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.\n“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.\nMaybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.\nWithin 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.\nMany of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of Advanced Telecommunications Corporation in 1992.\nThe unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&T and Sprint Corporation,both considerably larger players in this field.\nThe one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to Kristie Webb.\nIn February 1998, Ebbers’ company launched its acquisition plans for CompuServe from H&R Block Inc.\nThis transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition toAmerica Online,while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.\nIn September 1998, LDDS WorldCom sealed a $37 billion union with MCI Communications,which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit — except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.\nA Little Out Of Touch:One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.\nAt the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.\n“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”\nBut as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.\nAnd for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”\nWhile Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.\nIn retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.\nDetour Off The Cliff:The first cracks in this corporate story began in October 1999 when MCI WorldCom — which had become the second-largest long-distance telephone company in the country — announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.\nWith the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.\nWorldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a senior manager ordering a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.\nThe company’s chief technical officer,Fred Briggs,then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project — and his directive was shared with other divisions in the company.\nA WorldCom budget analyst named Kim Amighin the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh — three months after his action, Amigh was abruptly laid off from the company.\nBut Vice President of Internal Audit Cynthia Cooper learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 — except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.\nCooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.\nAnd Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.\nAdding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.\nTo alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000 — and then borrowed again and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.\nIn June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.\nRoad’s End:The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.\nEbbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.\n“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”\nEbbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.\nHe remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.\nAfter 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.\nIn defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.\nSaid Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813795470,"gmtCreate":1630243979790,"gmtModify":1676530249931,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat","listText":"huat","text":"huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813795470","repostId":"2163304079","repostType":4,"repost":{"id":"2163304079","pubTimestamp":1630193325,"share":"https://ttm.financial/m/news/2163304079?lang=&edition=fundamental","pubTime":"2021-08-29 07:28","market":"us","language":"en","title":"Researchers, cybersecurity agency urge action by Microsoft cloud database users","url":"https://stock-news.laohu8.com/highlight/detail?id=2163304079","media":"Reuters","summary":"(Reuters) - Researchers who discovered a massive flaw in the main databases stored in Microsoft Corp","content":"<p>(Reuters) - Researchers who discovered a massive flaw in the main databases stored in Microsoft Corp's Azure cloud platform on Saturday urged all users to change their digital access keys, not just the 3,300 it notified this week.</p>\n<p>As first reported by Reuters https://www.reuters.com/technology/exclusive-microsoft-warns-thousands-cloud-customers-exposed-databases-emails-2021-08-26, researchers at a cloud security company called Wiz discovered this month they could have gained access to the primary digital keys for most users of the Cosmos DB database system, allowing them to steal, change or delete millions of records.</p>\n<p>Alerted by Wiz, Microsoft rapidly fixed the configuration mistake that would have made it easy for any Cosmos user to get into other customers' databases, then notified some users Thursday to change their keys.</p>\n<p>In a blog post Friday, Microsoft said it warned customers which had set up Cosmos access during the weeklong research period. It found no evidence that any attackers had used the same flaw to get into customer data, it noted.</p>\n<p>\"Our investigation shows no unauthorized access other than the researcher activity,\" Microsoft wrote. \"Notifications have been sent to all customers that could be potentially affected due to researcher activity,\" it said, perhaps referring to the chance that the technique had leaked from Wiz.</p>\n<p>\"Though no customer data was accessed, it is recommended you regenerate your primary read-write keys,\" it said.</p>\n<p>The U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency used stronger language in a bulletin Friday, making clear it was speaking not just to those notified.</p>\n<p>\"CISA strongly encourages Azure Cosmos DB customers to roll and regenerate their certificate key,\" the agency said https://us-cert.cisa.gov/ncas/current-activity/2021/08/27/microsoft-azure-cosmos-db-guidance.</p>\n<p>Experts at Wiz, founded by four veterans of Azure's in-house security team, agreed.</p>\n<p>\"In my estimation, it's really hard for them, if not impossible, to completely rule out that someone used this before,\" said <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the four, Wiz Chief Technology Officer Ami Luttwak. At Microsoft he developed tools for logging cloud security incidents.</p>\n<p>Microsoft did not give a direct answer when asked if it had comprehensive logs for the two years when the Jupyter Notebook feature was misconfigured, or had used another way to rule out access abuse.</p>\n<p>\"We expanded our search beyond the researcher's activities to look for all possible activity for current and similar events in the past,\" said spokesman Ross Richendrfer, declining to address other questions.</p>\n<p>Wiz said Microsoft had worked closely with it on the research but had declined to say how it could be sure earlier customers were safe.</p>\n<p>\"It's terrifying. I really hope than no one besides us found this bug,\" said one of the lead researchers on the project at Wiz, Sagi Tzadik.</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>Researchers, cybersecurity agency urge action by Microsoft cloud database users</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nResearchers, cybersecurity agency urge action by Microsoft cloud database users\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 07:28 GMT+8 <a href=https://finance.yahoo.com/news/researchers-cybersecurity-agency-urge-action-232845273.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Researchers who discovered a massive flaw in the main databases stored in Microsoft Corp's Azure cloud platform on Saturday urged all users to change their digital access keys, not just ...</p>\n\n<a href=\"https://finance.yahoo.com/news/researchers-cybersecurity-agency-urge-action-232845273.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/researchers-cybersecurity-agency-urge-action-232845273.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2163304079","content_text":"(Reuters) - Researchers who discovered a massive flaw in the main databases stored in Microsoft Corp's Azure cloud platform on Saturday urged all users to change their digital access keys, not just the 3,300 it notified this week.\nAs first reported by Reuters https://www.reuters.com/technology/exclusive-microsoft-warns-thousands-cloud-customers-exposed-databases-emails-2021-08-26, researchers at a cloud security company called Wiz discovered this month they could have gained access to the primary digital keys for most users of the Cosmos DB database system, allowing them to steal, change or delete millions of records.\nAlerted by Wiz, Microsoft rapidly fixed the configuration mistake that would have made it easy for any Cosmos user to get into other customers' databases, then notified some users Thursday to change their keys.\nIn a blog post Friday, Microsoft said it warned customers which had set up Cosmos access during the weeklong research period. It found no evidence that any attackers had used the same flaw to get into customer data, it noted.\n\"Our investigation shows no unauthorized access other than the researcher activity,\" Microsoft wrote. \"Notifications have been sent to all customers that could be potentially affected due to researcher activity,\" it said, perhaps referring to the chance that the technique had leaked from Wiz.\n\"Though no customer data was accessed, it is recommended you regenerate your primary read-write keys,\" it said.\nThe U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency used stronger language in a bulletin Friday, making clear it was speaking not just to those notified.\n\"CISA strongly encourages Azure Cosmos DB customers to roll and regenerate their certificate key,\" the agency said https://us-cert.cisa.gov/ncas/current-activity/2021/08/27/microsoft-azure-cosmos-db-guidance.\nExperts at Wiz, founded by four veterans of Azure's in-house security team, agreed.\n\"In my estimation, it's really hard for them, if not impossible, to completely rule out that someone used this before,\" said one of the four, Wiz Chief Technology Officer Ami Luttwak. At Microsoft he developed tools for logging cloud security incidents.\nMicrosoft did not give a direct answer when asked if it had comprehensive logs for the two years when the Jupyter Notebook feature was misconfigured, or had used another way to rule out access abuse.\n\"We expanded our search beyond the researcher's activities to look for all possible activity for current and similar events in the past,\" said spokesman Ross Richendrfer, declining to address other questions.\nWiz said Microsoft had worked closely with it on the research but had declined to say how it could be sure earlier customers were safe.\n\"It's terrifying. I really hope than no one besides us found this bug,\" said one of the lead researchers on the project at Wiz, Sagi Tzadik.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001708353,"gmtCreate":1641310664767,"gmtModify":1676533596554,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$</a>why keep dropping?","text":"$Digital Turbine(APPS)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001708353","isVote":1,"tweetType":1,"viewCount":1066,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869949054,"gmtCreate":1632237942078,"gmtModify":1676530732611,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat!","listText":"huat!","text":"huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869949054","repostId":"1177198394","repostType":4,"repost":{"id":"1177198394","pubTimestamp":1632235173,"share":"https://ttm.financial/m/news/1177198394?lang=&edition=fundamental","pubTime":"2021-09-21 22:39","market":"us","language":"en","title":"Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday","url":"https://stock-news.laohu8.com/highlight/detail?id=1177198394","media":"zerohedge","summary":"A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-","content":"<p>A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.</p>\n<p><img src=\"https://static.tigerbbs.com/1786f12c41a5427f9277711dd6122fa2\" tg-width=\"1280\" tg-height=\"734\" width=\"100%\" height=\"auto\">So what happened? What changed?</p>\n<p>Nomura's Charlie McElligott explains that<b>there is simply no way to overstate the power of the “reflexive vol sellers” into another spike, as this “sell the rip (in vol)” = “buy the dip (in stocks),”</b>particularly as it related Put sellers either directionally shorting “rich” vols yday…and “long sellers” who monetized their downside hedges by the close (a lot of that being 1d SPY Puts from Retail “day traders” which doesn’t show in OI), creating $Delta to buy and again self-fulfilling yet another “turnaround Tuesday”</p>\n<p><b>Critically, that Delta buying in the late day was hugely important then in reducing the absolute $ of systematic deleveraging “accelerant” flows,</b>because only closing down -170bps in SPX then meant a much more manageable -$24.7B of Vol Control de-allocation in coming days, as opposed to what would have been a much more challenging -$62.9B to digest which we estimate would have been triggered off of a “-3% close”…while similarly, Leveraged ETFs only needed to rebalance -$5.9B at EOD, as opposed to a hypothetical -$8.9B assumed at the low of the day</p>\n<p>Specifically,as SpotGamma details, the chart below shows that puts were net closed at all strikes above 4365 SPX (and 435 SPY) but there were fairly substantial positions added to lower strikes.</p>\n<p><img src=\"https://static.tigerbbs.com/25f8ce90d9cfdede70ef98382459a6cd\" tg-width=\"1024\" tg-height=\"192\" width=\"100%\" height=\"auto\"><b>This indicates puts were rolled rather than outright closed</b>. Again, with the Fed tomorrow trades want to leave some protection on.</p>\n<p>Put volume surged relative to calls yesterday...</p>\n<p><img src=\"https://static.tigerbbs.com/a25913a2cabb6b46c8d7b33bfc4c1b56\" tg-width=\"1024\" tg-height=\"527\" width=\"100%\" height=\"auto\"></p>\n<p>To Nomura's Charlie McElligott's amazement yesterday, we saw confirmation of our repeated point made stating that “the only things that clears out all that “crash” pricing in vol metrics is a crash”... yet it is<b>VERY worth noting then that we actually saw Skew still steepen further yday despite incredibly high levels of both ATM Vol and Skew</b>(SPX 1m 25delta Put Call Skew steepened 70bps, same gig for others: QQQ 64bps, IWM 37bps)...</p>\n<p><img src=\"https://static.tigerbbs.com/9f28cb0a978b218edc50c0de19472a9c\" tg-width=\"1024\" tg-height=\"525\" width=\"100%\" height=\"auto\">...which tells us that<b>the Dealer “short Vol / short Skew” problem still remains lurking in background.</b></p>\n<p>SpotGammaconcludes that its up to Powell tomorrow to set the next price move, which should be rather substantial due to the options positioning.<b>Negative gamma could strongly influence any selling to the downside.</b></p>\n<p><img src=\"https://static.tigerbbs.com/f192cee29fb2e39a7c666e6159338989\" tg-width=\"640\" tg-height=\"610\" width=\"100%\" height=\"auto\">To the upside there is also a ton of fuel for an vanna-induced move if traders sell off their puts and crush the high implied volatility levels.<b>Therefore while today is likely about chop, the move out of Wednesday should be substantial.</b></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>Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday</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\">\nPros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 22:39 GMT+8 <a href=https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.\nSo ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177198394","content_text":"A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.\nSo what happened? What changed?\nNomura's Charlie McElligott explains thatthere is simply no way to overstate the power of the “reflexive vol sellers” into another spike, as this “sell the rip (in vol)” = “buy the dip (in stocks),”particularly as it related Put sellers either directionally shorting “rich” vols yday…and “long sellers” who monetized their downside hedges by the close (a lot of that being 1d SPY Puts from Retail “day traders” which doesn’t show in OI), creating $Delta to buy and again self-fulfilling yet another “turnaround Tuesday”\nCritically, that Delta buying in the late day was hugely important then in reducing the absolute $ of systematic deleveraging “accelerant” flows,because only closing down -170bps in SPX then meant a much more manageable -$24.7B of Vol Control de-allocation in coming days, as opposed to what would have been a much more challenging -$62.9B to digest which we estimate would have been triggered off of a “-3% close”…while similarly, Leveraged ETFs only needed to rebalance -$5.9B at EOD, as opposed to a hypothetical -$8.9B assumed at the low of the day\nSpecifically,as SpotGamma details, the chart below shows that puts were net closed at all strikes above 4365 SPX (and 435 SPY) but there were fairly substantial positions added to lower strikes.\nThis indicates puts were rolled rather than outright closed. Again, with the Fed tomorrow trades want to leave some protection on.\nPut volume surged relative to calls yesterday...\n\nTo Nomura's Charlie McElligott's amazement yesterday, we saw confirmation of our repeated point made stating that “the only things that clears out all that “crash” pricing in vol metrics is a crash”... yet it isVERY worth noting then that we actually saw Skew still steepen further yday despite incredibly high levels of both ATM Vol and Skew(SPX 1m 25delta Put Call Skew steepened 70bps, same gig for others: QQQ 64bps, IWM 37bps)...\n...which tells us thatthe Dealer “short Vol / short Skew” problem still remains lurking in background.\nSpotGammaconcludes that its up to Powell tomorrow to set the next price move, which should be rather substantial due to the options positioning.Negative gamma could strongly influence any selling to the downside.\nTo the upside there is also a ton of fuel for an vanna-induced move if traders sell off their puts and crush the high implied volatility levels.Therefore while today is likely about chop, the move out of Wednesday should be substantial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836062296,"gmtCreate":1629439060715,"gmtModify":1676530041675,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>????","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>????","text":"$Alibaba(BABA)$????","images":[{"img":"https://static.tigerbbs.com/85658411804f35d62ed1fc4fe7292120","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836062296","isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":894731300,"gmtCreate":1628855351500,"gmtModify":1676529875646,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat ","listText":"huat ","text":"huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/894731300","repostId":"1140332646","repostType":4,"repost":{"id":"1140332646","pubTimestamp":1628854463,"share":"https://ttm.financial/m/news/1140332646?lang=&edition=fundamental","pubTime":"2021-08-13 19:34","market":"us","language":"en","title":"Hong Kong Sees Growth as Much as 6.5% as Spending Recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1140332646","media":"Bloomberg","summary":"Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control ","content":"<p>Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control measures and cash vouchers help to drive spending in a city hit by the pandemic and protests before that.</p>\n<p>The city now projects gross domestic product growth of 5.5% to 6.5% this year, compared with an earlier range of 3.5% to 5.5%, the statistics department said in a release Friday.</p>\n<p>The government also raised its year-on-year GDP figure for the second quarter to 7.6% from anadvanced readingof 7.5%. On a quarter-on-quarter basis, a better reflection of growth momentum, GDP shrank 0.9%, the finalized data showed. Forecast for underlying inflation is maintained at 1%.</p>\n<p><img src=\"https://static.tigerbbs.com/bb5d5fbe85c2df2f7dec79507a63e585\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>“Domestically, if the epidemic remains stable, the improving labor market and the boost from the consumption voucherschemewill help stimulate consumer demand,” government economists said at a briefing Friday. Vaccination is essential to “a fully-fledged economic recovery,” they added.</p>\n<p>The economists alsonoteda number of uncertainties ahead, including the delta variant outbreak, U.S.-China relations, geopolitical tensions and major global central banks’ evolving monetary policy stance.</p>\n<p>Uneven Recovery</p>\n<p>Hong Kong’s economy has faced an uneven recovery from two years of contraction, with retailers and tourism-related businesses particularly hard hit as borders remain shut and travel curtailed to stop the spread of more infectious variants of Covid-19.</p>\n<p>Financial services and the property market are booming though. Home prices jumped tothe highest levelsince record began in 1993 on low mortgage rates and rising demand, a separate report showed.</p>\n<p>The unbalanced recovery has exposed deepening wealth imbalances between the city’s working class and elite. Tourism, consumer and services industries are the biggest employers of many of Hong Kong’s working class.</p>\n<p>Hong Kong’s Economy Is Finally Recovering, But Only for the Rich</p>\n<p>In a sign of improvement, the unemployment rate in the consumption and tourism-related sectors fell visibly in the second-quarter, according to the government economists.</p>\n<p>Consumer spending also picked up sharply,growing6.8% in the second quarter from a year ago, up from 2.1% in the first three months of the year.</p>\n<p>The government has begundistributingHK$5,000 ($642) consumption vouchers to eligible residents to encourage spending. The program will cost an estimated HK$36 billion and provide a 0.7 percentage-point bump to this year’s GDP, according to an April governmentreport.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Sees Growth as Much as 6.5% as Spending Recovers</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\">\nHong Kong Sees Growth as Much as 6.5% as Spending Recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 19:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-08-13/hong-kong-raises-2021-growth-forecast-as-virus-concerns-ease><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control measures and cash vouchers help to drive spending in a city hit by the pandemic and protests before ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-13/hong-kong-raises-2021-growth-forecast-as-virus-concerns-ease\">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/2021-08-13/hong-kong-raises-2021-growth-forecast-as-virus-concerns-ease","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140332646","content_text":"Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control measures and cash vouchers help to drive spending in a city hit by the pandemic and protests before that.\nThe city now projects gross domestic product growth of 5.5% to 6.5% this year, compared with an earlier range of 3.5% to 5.5%, the statistics department said in a release Friday.\nThe government also raised its year-on-year GDP figure for the second quarter to 7.6% from anadvanced readingof 7.5%. On a quarter-on-quarter basis, a better reflection of growth momentum, GDP shrank 0.9%, the finalized data showed. Forecast for underlying inflation is maintained at 1%.\n\n“Domestically, if the epidemic remains stable, the improving labor market and the boost from the consumption voucherschemewill help stimulate consumer demand,” government economists said at a briefing Friday. Vaccination is essential to “a fully-fledged economic recovery,” they added.\nThe economists alsonoteda number of uncertainties ahead, including the delta variant outbreak, U.S.-China relations, geopolitical tensions and major global central banks’ evolving monetary policy stance.\nUneven Recovery\nHong Kong’s economy has faced an uneven recovery from two years of contraction, with retailers and tourism-related businesses particularly hard hit as borders remain shut and travel curtailed to stop the spread of more infectious variants of Covid-19.\nFinancial services and the property market are booming though. Home prices jumped tothe highest levelsince record began in 1993 on low mortgage rates and rising demand, a separate report showed.\nThe unbalanced recovery has exposed deepening wealth imbalances between the city’s working class and elite. Tourism, consumer and services industries are the biggest employers of many of Hong Kong’s working class.\nHong Kong’s Economy Is Finally Recovering, But Only for the Rich\nIn a sign of improvement, the unemployment rate in the consumption and tourism-related sectors fell visibly in the second-quarter, according to the government economists.\nConsumer spending also picked up sharply,growing6.8% in the second quarter from a year ago, up from 2.1% in the first three months of the year.\nThe government has begundistributingHK$5,000 ($642) consumption vouchers to eligible residents to encourage spending. The program will cost an estimated HK$36 billion and provide a 0.7 percentage-point bump to this year’s GDP, according to an April governmentreport.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896814643,"gmtCreate":1628568464482,"gmtModify":1703508278210,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QC7.SI\">$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$</a>daily update...pls fly to the moon. ","listText":"<a href=\"https://laohu8.com/S/QC7.SI\">$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$</a>daily update...pls fly to the moon. ","text":"$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$daily update...pls fly to the moon.","images":[{"img":"https://static.tigerbbs.com/d862c65d829323c24afa07ec9ed4e3e3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896814643","isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":808116421,"gmtCreate":1627564591863,"gmtModify":1703492446608,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon!","listText":"huat to the moon!","text":"huat to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808116421","repostId":"1122445859","repostType":4,"repost":{"id":"1122445859","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":1627560716,"share":"https://ttm.financial/m/news/1122445859?lang=&edition=fundamental","pubTime":"2021-07-29 20:11","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1122445859","media":"Tiger Newspress","summary":"US futures mixed\n\n\nU.S. GDP increased 6.5% in the second quarter, well below expectations\n\nFutures t","content":"<ul>\n <li>US futures mixed</li>\n</ul>\n<ul>\n <li>U.S. GDP increased 6.5% in the second quarter, well below expectations</li>\n</ul>\n<p>Futures tracking the Dow and the S&P 500 rose on Thursday as comments from the Federal Reserve that the U.S. economic recovery was on track lifted economically sensitive stocks, while Ford jumped after raising its profit outlook for the year.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 129 points, or 0.37%, S&P 500 e-minis were up 6.5 points, or 0.15%, and Nasdaq 100 e-minis were down 20.50 points, or 0.14%.</p>\n<p><img src=\"https://static.tigerbbs.com/cee0d39b10c7bff4e20acb500d19f228\" tg-width=\"1080\" tg-height=\"394\" referrerpolicy=\"no-referrer\"></p>\n<p>Facebook Inc fell 3% as it warned revenue growth would \"decelerate significantly\" following Apple Inc's(AAPL.O)recent update to its iOS operating system that would impact Facebook's ability to target ads.</p>\n<p>The U.S. economy accelerated at a strong pace in the second quarter in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic, the Commerce Department reported Thursday.Gross domestic product, a measure of all goods and services produced during the April-to-June period, accelerated 6.4% on an annualized basis.However, the gain was considerably less than the 8.4% Dow Jones estimate.</p>\n<p>A separate data point reported Thursday showed that 400,000 people filed initial claims for unemployment benefits for the week ended July 24. That level is nearly double the pre-pandemic norm.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b>Facebook(FB)</b> – Facebook shares fell 3% in premarket trading after the company said revenue growth will slow during the second half of the year as a change inApple’s (AAPL) privacy policies will hurt Facebook’s ability to target ads. For the second quarter, Facebook reported earnings of $3.61 per share compared to a consensus estimate of $3.03, with revenue also topping Wall Street forecasts.</p>\n<p><b>Ford(F)</b> – Ford surprised analysts with an adjusted quarterly profit of 13 cents per share. The automaker had been expected to report a second-quarter loss of 3 cents per share, due in large part to a chip shortage crimping production. However, Ford said it expected that situation to improve in the second half, and it raised its full-year outlook. Ford jumped 4.3% in the premarket.</p>\n<p><b>PayPal(PYPL)</b> – PayPal beat estimates by 3 cents with adjusted quarterly earnings of $1.15 per share, with the payment service’s revenue essentially in line with analyst projections. However, shares came under pressure after it gave a lower-than-expected outlook, as former PayPal parenteBay(EBAY) continues its transition to its own payment platform. The stock slid 5.5% in premarket trading.</p>\n<p><b>Uber Technologies(UBER) </b>– Uber dropped 5.3% in premarket trading after sources told CNBC that Japanese investment giant Softbank is selling a chunk of its stake in Uber to cover losses related to its investment in another ride-hailing company,Didi Global(DIDI). Didi itself is in the news, denying an earlier Wall Street Journal report that it was considering going private. Didi had been up well over 30% in the premarket before that denial, before trimming that still-large gain to 17.5%.</p>\n<p><b>Qualcomm(QCOM) </b>– Qualcomm reported adjusted quarterly earnings of $1.92 per share, beating the $1.68 consensus estimate, with the chip maker’s revenue also exceeding Street forecasts. Qualcomm also gave an upbeat forecast as it expects supply chain disruptions to ease. Qualcomm added 3% in the premarket.</p>\n<p><b>Comcast(CMCSA) </b>– Comcast rose 2.3% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound in ad sales and a reopening of theme parks.</p>\n<p><b>Merck(MRK) </b>– The drug maker matched estimates with adjusted quarterly profit of $1.31 per share, with revenue beating Street forecasts. Sales of cancer drug Keytruda jumped 23%, in line with expectations. Merck fell 1.3% in premarket trading.</p>\n<p><b>Tempur Sealy(TPX)</b> – The mattress maker earned an adjusted 79 cents per share for its latest quarter, 22 cents above estimates, with revenue topping forecasts as well. Tempur Sealy also raised its full-year outlook, and the stock jumped 4.9% in premarket action.</p>\n<p><b>Yum Brands(YUM) </b>– The parent of KFC, Taco Bell and Pizza Hut came in 20 cents ahead of estimates with adjusted quarterly earnings of 1.16 per share, and revenue also beating analyst projections. Results got a boost from restaurant reopenings as well as continued strong demand in online orders. Yum rallied 2.6% in premarket trading.</p>\n<p><b>Molson Coors(TAP) </b>– Molson Coors added 2% in the premarket after its adjusted quarterly earnings of $1.58 per share beat the consensus estimate of $1.34. The beer brewer’s revenue was above Wall Street forecasts as well.</p>\n<p><b>Northrup Grumman(NOC)</b> – The defense contractor reported adjusted quarterly earnings of $6.42 per share, beating the $5.84 consensus estimate, with revenue also topping estimates. The company was helped by continued strength in its satellite and missile-making units, and the stock rose 1% in premarket trading.</p>\n<p><b>iRobot(IRBT)</b> – iRobot shares plunged 11% in premarket trading after it reported a second-quarter loss and cut its full-year outlook. The maker of the Roomba robotic vacuum cleaner said the worldwide chip shortage would continue to hurt its ability to fulfill orders during the second half of the year.</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>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\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\">2021-07-29 20:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>US futures mixed</li>\n</ul>\n<ul>\n <li>U.S. GDP increased 6.5% in the second quarter, well below expectations</li>\n</ul>\n<p>Futures tracking the Dow and the S&P 500 rose on Thursday as comments from the Federal Reserve that the U.S. economic recovery was on track lifted economically sensitive stocks, while Ford jumped after raising its profit outlook for the year.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 129 points, or 0.37%, S&P 500 e-minis were up 6.5 points, or 0.15%, and Nasdaq 100 e-minis were down 20.50 points, or 0.14%.</p>\n<p><img src=\"https://static.tigerbbs.com/cee0d39b10c7bff4e20acb500d19f228\" tg-width=\"1080\" tg-height=\"394\" referrerpolicy=\"no-referrer\"></p>\n<p>Facebook Inc fell 3% as it warned revenue growth would \"decelerate significantly\" following Apple Inc's(AAPL.O)recent update to its iOS operating system that would impact Facebook's ability to target ads.</p>\n<p>The U.S. economy accelerated at a strong pace in the second quarter in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic, the Commerce Department reported Thursday.Gross domestic product, a measure of all goods and services produced during the April-to-June period, accelerated 6.4% on an annualized basis.However, the gain was considerably less than the 8.4% Dow Jones estimate.</p>\n<p>A separate data point reported Thursday showed that 400,000 people filed initial claims for unemployment benefits for the week ended July 24. That level is nearly double the pre-pandemic norm.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b>Facebook(FB)</b> – Facebook shares fell 3% in premarket trading after the company said revenue growth will slow during the second half of the year as a change inApple’s (AAPL) privacy policies will hurt Facebook’s ability to target ads. For the second quarter, Facebook reported earnings of $3.61 per share compared to a consensus estimate of $3.03, with revenue also topping Wall Street forecasts.</p>\n<p><b>Ford(F)</b> – Ford surprised analysts with an adjusted quarterly profit of 13 cents per share. The automaker had been expected to report a second-quarter loss of 3 cents per share, due in large part to a chip shortage crimping production. However, Ford said it expected that situation to improve in the second half, and it raised its full-year outlook. Ford jumped 4.3% in the premarket.</p>\n<p><b>PayPal(PYPL)</b> – PayPal beat estimates by 3 cents with adjusted quarterly earnings of $1.15 per share, with the payment service’s revenue essentially in line with analyst projections. However, shares came under pressure after it gave a lower-than-expected outlook, as former PayPal parenteBay(EBAY) continues its transition to its own payment platform. The stock slid 5.5% in premarket trading.</p>\n<p><b>Uber Technologies(UBER) </b>– Uber dropped 5.3% in premarket trading after sources told CNBC that Japanese investment giant Softbank is selling a chunk of its stake in Uber to cover losses related to its investment in another ride-hailing company,Didi Global(DIDI). Didi itself is in the news, denying an earlier Wall Street Journal report that it was considering going private. Didi had been up well over 30% in the premarket before that denial, before trimming that still-large gain to 17.5%.</p>\n<p><b>Qualcomm(QCOM) </b>– Qualcomm reported adjusted quarterly earnings of $1.92 per share, beating the $1.68 consensus estimate, with the chip maker’s revenue also exceeding Street forecasts. Qualcomm also gave an upbeat forecast as it expects supply chain disruptions to ease. Qualcomm added 3% in the premarket.</p>\n<p><b>Comcast(CMCSA) </b>– Comcast rose 2.3% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound in ad sales and a reopening of theme parks.</p>\n<p><b>Merck(MRK) </b>– The drug maker matched estimates with adjusted quarterly profit of $1.31 per share, with revenue beating Street forecasts. Sales of cancer drug Keytruda jumped 23%, in line with expectations. Merck fell 1.3% in premarket trading.</p>\n<p><b>Tempur Sealy(TPX)</b> – The mattress maker earned an adjusted 79 cents per share for its latest quarter, 22 cents above estimates, with revenue topping forecasts as well. Tempur Sealy also raised its full-year outlook, and the stock jumped 4.9% in premarket action.</p>\n<p><b>Yum Brands(YUM) </b>– The parent of KFC, Taco Bell and Pizza Hut came in 20 cents ahead of estimates with adjusted quarterly earnings of 1.16 per share, and revenue also beating analyst projections. Results got a boost from restaurant reopenings as well as continued strong demand in online orders. Yum rallied 2.6% in premarket trading.</p>\n<p><b>Molson Coors(TAP) </b>– Molson Coors added 2% in the premarket after its adjusted quarterly earnings of $1.58 per share beat the consensus estimate of $1.34. The beer brewer’s revenue was above Wall Street forecasts as well.</p>\n<p><b>Northrup Grumman(NOC)</b> – The defense contractor reported adjusted quarterly earnings of $6.42 per share, beating the $5.84 consensus estimate, with revenue also topping estimates. The company was helped by continued strength in its satellite and missile-making units, and the stock rose 1% in premarket trading.</p>\n<p><b>iRobot(IRBT)</b> – iRobot shares plunged 11% in premarket trading after it reported a second-quarter loss and cut its full-year outlook. The maker of the Roomba robotic vacuum cleaner said the worldwide chip shortage would continue to hurt its ability to fulfill orders during the second half of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","NOC":"诺斯罗普格鲁曼","DIDI":"滴滴(已退市)","F":"福特汽车","CMCSA":"康卡斯特",".IXIC":"NASDAQ Composite","YUM":"百胜餐饮集团","TPX":"泰浦陛迪国际公司","QCOM":"高通","UBER":"优步","IRBT":"iRobot Corp.","MRK":"默沙东",".SPX":"S&P 500 Index","PYPL":"PayPal","TAP":"莫库酒业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122445859","content_text":"US futures mixed\n\n\nU.S. GDP increased 6.5% in the second quarter, well below expectations\n\nFutures tracking the Dow and the S&P 500 rose on Thursday as comments from the Federal Reserve that the U.S. economic recovery was on track lifted economically sensitive stocks, while Ford jumped after raising its profit outlook for the year.\nAt 8:00 a.m. ET, Dow e-minis were up 129 points, or 0.37%, S&P 500 e-minis were up 6.5 points, or 0.15%, and Nasdaq 100 e-minis were down 20.50 points, or 0.14%.\n\nFacebook Inc fell 3% as it warned revenue growth would \"decelerate significantly\" following Apple Inc's(AAPL.O)recent update to its iOS operating system that would impact Facebook's ability to target ads.\nThe U.S. economy accelerated at a strong pace in the second quarter in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic, the Commerce Department reported Thursday.Gross domestic product, a measure of all goods and services produced during the April-to-June period, accelerated 6.4% on an annualized basis.However, the gain was considerably less than the 8.4% Dow Jones estimate.\nA separate data point reported Thursday showed that 400,000 people filed initial claims for unemployment benefits for the week ended July 24. That level is nearly double the pre-pandemic norm.\nStocks making the biggest moves premarket:\nFacebook(FB) – Facebook shares fell 3% in premarket trading after the company said revenue growth will slow during the second half of the year as a change inApple’s (AAPL) privacy policies will hurt Facebook’s ability to target ads. For the second quarter, Facebook reported earnings of $3.61 per share compared to a consensus estimate of $3.03, with revenue also topping Wall Street forecasts.\nFord(F) – Ford surprised analysts with an adjusted quarterly profit of 13 cents per share. The automaker had been expected to report a second-quarter loss of 3 cents per share, due in large part to a chip shortage crimping production. However, Ford said it expected that situation to improve in the second half, and it raised its full-year outlook. Ford jumped 4.3% in the premarket.\nPayPal(PYPL) – PayPal beat estimates by 3 cents with adjusted quarterly earnings of $1.15 per share, with the payment service’s revenue essentially in line with analyst projections. However, shares came under pressure after it gave a lower-than-expected outlook, as former PayPal parenteBay(EBAY) continues its transition to its own payment platform. The stock slid 5.5% in premarket trading.\nUber Technologies(UBER) – Uber dropped 5.3% in premarket trading after sources told CNBC that Japanese investment giant Softbank is selling a chunk of its stake in Uber to cover losses related to its investment in another ride-hailing company,Didi Global(DIDI). Didi itself is in the news, denying an earlier Wall Street Journal report that it was considering going private. Didi had been up well over 30% in the premarket before that denial, before trimming that still-large gain to 17.5%.\nQualcomm(QCOM) – Qualcomm reported adjusted quarterly earnings of $1.92 per share, beating the $1.68 consensus estimate, with the chip maker’s revenue also exceeding Street forecasts. Qualcomm also gave an upbeat forecast as it expects supply chain disruptions to ease. Qualcomm added 3% in the premarket.\nComcast(CMCSA) – Comcast rose 2.3% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound in ad sales and a reopening of theme parks.\nMerck(MRK) – The drug maker matched estimates with adjusted quarterly profit of $1.31 per share, with revenue beating Street forecasts. Sales of cancer drug Keytruda jumped 23%, in line with expectations. Merck fell 1.3% in premarket trading.\nTempur Sealy(TPX) – The mattress maker earned an adjusted 79 cents per share for its latest quarter, 22 cents above estimates, with revenue topping forecasts as well. Tempur Sealy also raised its full-year outlook, and the stock jumped 4.9% in premarket action.\nYum Brands(YUM) – The parent of KFC, Taco Bell and Pizza Hut came in 20 cents ahead of estimates with adjusted quarterly earnings of 1.16 per share, and revenue also beating analyst projections. Results got a boost from restaurant reopenings as well as continued strong demand in online orders. Yum rallied 2.6% in premarket trading.\nMolson Coors(TAP) – Molson Coors added 2% in the premarket after its adjusted quarterly earnings of $1.58 per share beat the consensus estimate of $1.34. The beer brewer’s revenue was above Wall Street forecasts as well.\nNorthrup Grumman(NOC) – The defense contractor reported adjusted quarterly earnings of $6.42 per share, beating the $5.84 consensus estimate, with revenue also topping estimates. The company was helped by continued strength in its satellite and missile-making units, and the stock rose 1% in premarket trading.\niRobot(IRBT) – iRobot shares plunged 11% in premarket trading after it reported a second-quarter loss and cut its full-year outlook. The maker of the Roomba robotic vacuum cleaner said the worldwide chip shortage would continue to hurt its ability to fulfill orders during the second half of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172990191,"gmtCreate":1626925178613,"gmtModify":1703480708139,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>up up up","listText":"<a href=\"https://laohu8.com/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>up up up","text":"$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$up up up","images":[{"img":"https://static.tigerbbs.com/ba20fe4f23547dea0c39f54898e448a1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172990191","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}