RingALing personal page - To The Moon

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2021-06-08

$Clover Health Corp(CLOV)$To the moon!! Up up up!

2021-06-09

$Clover Health Corp(CLOV)$HODL. Let go for 30!

2021-06-24

$Miromatrix Medical Inc.(MIRO)$Let’s go!

2021-06-04

$Pfizer(PFE)$Slowly but surely.

2021-06-23

Thanks

LIVE MARKETS-The house began to pitch: Existing home sales extend their decline

2021-06-17

$Atea Pharmaceuticals, Inc.(AVIR)$Keep on going!

2021-06-08

$Atea Pharmaceuticals, Inc.(AVIR)$Go go go

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Let go for 30!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180719924","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126335627,"gmtCreate":1624544107469,"gmtModify":1703839944699,"author":{"id":"3581994349889012","authorId":"3581994349889012","authorIdStr":"3581994349889012","name":"RingALing","avatar":"https://static.tigerbbs.com/5dc968dceb0b6de942fcb8fe94fe50a4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581994349889012"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MIRO\">$Miromatrix Medical Inc.(MIRO)$</a>Let’s go!","listText":"<a href=\"https://laohu8.com/S/MIRO\">$Miromatrix Medical Inc.(MIRO)$</a>Let’s go!","text":"$Miromatrix Medical Inc.(MIRO)$Let’s go!","images":[{"img":"https://static.tigerbbs.com/31aa2f5c0746212ad77205260a9d8d5e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/126335627","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":116760157,"gmtCreate":1622819599979,"gmtModify":1704191917019,"author":{"id":"3581994349889012","authorId":"3581994349889012","authorIdStr":"3581994349889012","name":"RingALing","avatar":"https://static.tigerbbs.com/5dc968dceb0b6de942fcb8fe94fe50a4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581994349889012"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Slowly but surely.","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Slowly but surely.","text":"$Pfizer(PFE)$Slowly but surely.","images":[{"img":"https://static.tigerbbs.com/b9fb4c95f827976e33bc3a6c65d6e637","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116760157","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":129567357,"gmtCreate":1624378029879,"gmtModify":1703835041636,"author":{"id":"3581994349889012","authorId":"3581994349889012","authorIdStr":"3581994349889012","name":"RingALing","avatar":"https://static.tigerbbs.com/5dc968dceb0b6de942fcb8fe94fe50a4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581994349889012"},"themes":[],"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129567357","repostId":"2145306817","repostType":2,"repost":{"id":"2145306817","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":1624374765,"share":"https://ttm.financial/m/news/2145306817?lang=&edition=fundamental","pubTime":"2021-06-22 23:12","market":"sh","language":"en","title":"LIVE MARKETS-The house began to pitch: Existing home sales extend their decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2145306817","media":"Reuters","summary":"* U.S. stock up slightly    * Consumer disc leads S&P sector gainers; real estate declines   * Bitco","content":"<html><body><p>* U.S. stock up slightly </p><p>   * Consumer disc leads S&amp;P sector gainers; real estate declines</p><p>   * Bitcoin slides, breaks $30k</p><p>   * Dollar up; gold, crude slip</p><p>   * U.S. 10-Year Treasury yield ~1.48% </p><p>    June 22 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   THE HOUSE BEGAN TO PITCH: EXISTING HOME SALES EXTEND THEIR DECLINE (1105 EDT/1505 GMT)</p><p>    Remember that movie where a calamity sent a house spinning into the sky? You'll recall it came back down and a certain witch had a bad day.    </p><p>   Existing home sales have come back to earth.</p><p>   Sales of previously-owned U.S. homes    eased by 0.9% in May to 5.8 million units at a seasonally adjusted annualized rate (SAAR), according to the National Association of Realtors <a href=\"https://laohu8.com/S/NAR.UK\">$(NAR.UK)$</a>.</p><p>   While the number extended April's 2.7% drop, it came in above the 5.72 million units SAAR expected by economists.</p><p>   Until recently, the housing market has been the undisputed star of the COVID recover, as social distancing restrictions and the new, work-from-home normal sent homebuyers stampeding for the suburbs in search of elbow room and home office space.</p><p>   That demand surge sent housing inventories to all-time lows, which in turn, launched home prices to the moon and well beyond the grasp of many potential buyers, particularly at the lower end of the market.</p><p>   With this latest data, existing home sales are right about at February 2020 levels.</p><p>   \"Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,\" writes Lawrence Yun, chief economist at NAR.</p><p>   \"The market's outlook, however, is encouraging,\" Yun adds. \"Supply is expected to improve, which will give buyers more options and help tamp down record-high asking prices for existing homes.\"</p><p>   Indeed supply has improved. </p><p>   The scarcity of single-family homes on the market has begun to recover. It would now take 2.5 months to sell all available homes on the market, up from 1.8 months at the beginning of the year:</p><p>   Housing stocks have largely outshone the broader market throughout the health crisis.</p><p>   The 12-month performances of the Philadelphia SE Housing index    and the S&amp;P 1500 Homebuilding index    have handily outperformed the S&amp;P 500   .</p><p>   As seen in the chart below, that outperformance started losing momentum about six weeks ago, but appears to have found a second wind in recent sessions:</p><p>   Wall Street was once again range-bound and languid.</p><p>   By mid-morning, the three major U.S. stock indexes were barely higher, but hadn't strayed far from the starting line. </p><p>   But smallcaps   , like the witch, have had better days.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   WALL STREET FLATTISH, BRACING FOR POWELL (1015 EDT/1415 GMT)</p><p>   The three major U.S. stock indexes are mixed, and near flat, in early trading Tuesday, as investors brace for comments from Federal Reserve Chair Jerome Powell.</p><p>   Powell is to testify Tuesday before the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis.</p><p>   In his prepared remarks for Tuesday released late Monday, Powell said the U.S. economy continues to show \"sustained improvement\" from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has \"increased notably in recent months.\"  </p><p>   Financials   , down 0.4%, are leading declines among S&amp;P 500 sectors.</p><p>   Meanwhile, so-called meme stocks are leading the charge in U.S. trading volumes, with ContextLogic   , down 3.0%, the most heavily traded stock with more than 92 million shares changing hands so far. Next comes Torchlight Energy   , down 5.3% with 69.5 million shares traded so far and Clover Health    following with 57 million shares and a 19.2% advance. In fourth place is Alfi Inc   , up 47.8%, with 47.4 million shares exchanged, and AMC Entertainment    is fifth, with volume of 47 million shares.</p><p>   Here is the morning U.S. market snapshot:    </p><p>   (Caroline Valetkevitch, Sinéad Carew)</p><p>   *****</p><p>   PEERING BELOW THE SURFACE (1004 EDT/1404 GMT)</p><p>   As investors digested last week's market selloff following the Federal Reserve's meeting, <a href=\"https://laohu8.com/S/AONE\">one</a> dynamic that stood out were signs that the average stock struggled more than the overall benchmark index.</p><p>   While the S&amp;P 500    fell 1.9% last week, the equal-weight version of the index    dropped 3.7%. That was the biggest weekly percentage drop for the equal-weight S&amp;P 500 since late January.</p><p>   \"As much as the market pulled back a little bit at the headline level last week, below the surface the pullback was much sharper,\" said Keith Lerner, chief market strategist at  Truist Advisory Services in Atlanta.</p><p>   Lerner points out that the relative strength in the heavyweight technology sector   , which edged up 0.1% last week for its fifth straight week of gains, helped keep the benchmark S&amp;P 500 from logging more severe declines. </p><p>   The strength of the equal-weight gauge this year has been an encouraging sign for those investors seeking a broader rally, as it suggests more stocks on average are doing well, rather than only those with the biggest market caps.</p><p>   Indeed, after bouncing back on Monday, the S&amp;P 500 equal weight index was up 16.9% so far in 2021 through yesterday's close, versus a 12.5% rise for the overall S&amp;P 500. If that holds, it would be the first time since 2016 that the equal-weight version outperformed for a calendar year.</p><p>   (Lewis Krauskopf)</p><p>   *****</p><p>    FANG INDEX: STILL INSIDE THE LINES (0900 EDT/1300 GMT)</p><p>   Since peaking in February at 7,370.72, and then declining into an early March low at 6,095,23, the NYSE FANG+TM Index</p><p>  has been serving up swings contained by numerous lines on the charts    :</p><p>    After establishing the early March trough, an initial upward reaction essentially stalled at the 50% retracement of the February-March slide.</p><p>   In the wake of a marginal new intraday low in late March at 6,086.32, NYFANG quickly rallied, and with its 7,107.70 April 14 high, ultimately retraced 79.4% of the mid-February to early-March slide on an intraday basis. However, the index failed to close above the 76.4%/78.6% Fibonacci retracement zone of that decline in the 7,069.70/7,097.77 area.</p><p>   A resumption of weakness led to a test of the March troughs with the 6,106.50 mid-May low.</p><p>   The index has since bounced again, hitting an intraday high of 6,897.64 on Friday. However, the index has so far failed to end back above the 61.8% retracement of the February-March slide at 6,883.48, or the 76.4%/78.6% retracement zone of the April-May down-leg in the 6,871.42/6,893.44 area.</p><p>   The index slid during Monday's session, before recovering, and posting a small rise. Now in premarket trade on Tuesday, 7 of the 10 NYFANG members are quoted down, suggesting the index may be poised to trade lower early in the regular session.</p><p>   With yields snapping back, potentially putting the recent growth stock relative resurgence at risk  , NYFANG may be facing a sudden headwind. A close back below its 50-day moving average, which ended Monday at around 6,677, may see downside pressure intensify again.</p><p>   However, if NYFANG is forming a bullish triangle since its February peak, the 2021 lows should contain weakness.</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ NYFANG06222021     S&amp;P 500 vs equal-weight counterpart in 2021     Early U.S. market snapshot     Existing home sales     Housing stocks    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-The house began to pitch: Existing home sales extend their decline</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\">\nLIVE MARKETS-The house began to pitch: Existing home sales extend their decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-22 23:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* U.S. stock up slightly </p><p>   * Consumer disc leads S&amp;P sector gainers; real estate declines</p><p>   * Bitcoin slides, breaks $30k</p><p>   * Dollar up; gold, crude slip</p><p>   * U.S. 10-Year Treasury yield ~1.48% </p><p>    June 22 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   THE HOUSE BEGAN TO PITCH: EXISTING HOME SALES EXTEND THEIR DECLINE (1105 EDT/1505 GMT)</p><p>    Remember that movie where a calamity sent a house spinning into the sky? You'll recall it came back down and a certain witch had a bad day.    </p><p>   Existing home sales have come back to earth.</p><p>   Sales of previously-owned U.S. homes    eased by 0.9% in May to 5.8 million units at a seasonally adjusted annualized rate (SAAR), according to the National Association of Realtors <a href=\"https://laohu8.com/S/NAR.UK\">$(NAR.UK)$</a>.</p><p>   While the number extended April's 2.7% drop, it came in above the 5.72 million units SAAR expected by economists.</p><p>   Until recently, the housing market has been the undisputed star of the COVID recover, as social distancing restrictions and the new, work-from-home normal sent homebuyers stampeding for the suburbs in search of elbow room and home office space.</p><p>   That demand surge sent housing inventories to all-time lows, which in turn, launched home prices to the moon and well beyond the grasp of many potential buyers, particularly at the lower end of the market.</p><p>   With this latest data, existing home sales are right about at February 2020 levels.</p><p>   \"Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,\" writes Lawrence Yun, chief economist at NAR.</p><p>   \"The market's outlook, however, is encouraging,\" Yun adds. \"Supply is expected to improve, which will give buyers more options and help tamp down record-high asking prices for existing homes.\"</p><p>   Indeed supply has improved. </p><p>   The scarcity of single-family homes on the market has begun to recover. It would now take 2.5 months to sell all available homes on the market, up from 1.8 months at the beginning of the year:</p><p>   Housing stocks have largely outshone the broader market throughout the health crisis.</p><p>   The 12-month performances of the Philadelphia SE Housing index    and the S&amp;P 1500 Homebuilding index    have handily outperformed the S&amp;P 500   .</p><p>   As seen in the chart below, that outperformance started losing momentum about six weeks ago, but appears to have found a second wind in recent sessions:</p><p>   Wall Street was once again range-bound and languid.</p><p>   By mid-morning, the three major U.S. stock indexes were barely higher, but hadn't strayed far from the starting line. </p><p>   But smallcaps   , like the witch, have had better days.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   WALL STREET FLATTISH, BRACING FOR POWELL (1015 EDT/1415 GMT)</p><p>   The three major U.S. stock indexes are mixed, and near flat, in early trading Tuesday, as investors brace for comments from Federal Reserve Chair Jerome Powell.</p><p>   Powell is to testify Tuesday before the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis.</p><p>   In his prepared remarks for Tuesday released late Monday, Powell said the U.S. economy continues to show \"sustained improvement\" from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has \"increased notably in recent months.\"  </p><p>   Financials   , down 0.4%, are leading declines among S&amp;P 500 sectors.</p><p>   Meanwhile, so-called meme stocks are leading the charge in U.S. trading volumes, with ContextLogic   , down 3.0%, the most heavily traded stock with more than 92 million shares changing hands so far. Next comes Torchlight Energy   , down 5.3% with 69.5 million shares traded so far and Clover Health    following with 57 million shares and a 19.2% advance. In fourth place is Alfi Inc   , up 47.8%, with 47.4 million shares exchanged, and AMC Entertainment    is fifth, with volume of 47 million shares.</p><p>   Here is the morning U.S. market snapshot:    </p><p>   (Caroline Valetkevitch, Sinéad Carew)</p><p>   *****</p><p>   PEERING BELOW THE SURFACE (1004 EDT/1404 GMT)</p><p>   As investors digested last week's market selloff following the Federal Reserve's meeting, <a href=\"https://laohu8.com/S/AONE\">one</a> dynamic that stood out were signs that the average stock struggled more than the overall benchmark index.</p><p>   While the S&amp;P 500    fell 1.9% last week, the equal-weight version of the index    dropped 3.7%. That was the biggest weekly percentage drop for the equal-weight S&amp;P 500 since late January.</p><p>   \"As much as the market pulled back a little bit at the headline level last week, below the surface the pullback was much sharper,\" said Keith Lerner, chief market strategist at  Truist Advisory Services in Atlanta.</p><p>   Lerner points out that the relative strength in the heavyweight technology sector   , which edged up 0.1% last week for its fifth straight week of gains, helped keep the benchmark S&amp;P 500 from logging more severe declines. </p><p>   The strength of the equal-weight gauge this year has been an encouraging sign for those investors seeking a broader rally, as it suggests more stocks on average are doing well, rather than only those with the biggest market caps.</p><p>   Indeed, after bouncing back on Monday, the S&amp;P 500 equal weight index was up 16.9% so far in 2021 through yesterday's close, versus a 12.5% rise for the overall S&amp;P 500. If that holds, it would be the first time since 2016 that the equal-weight version outperformed for a calendar year.</p><p>   (Lewis Krauskopf)</p><p>   *****</p><p>    FANG INDEX: STILL INSIDE THE LINES (0900 EDT/1300 GMT)</p><p>   Since peaking in February at 7,370.72, and then declining into an early March low at 6,095,23, the NYSE FANG+TM Index</p><p>  has been serving up swings contained by numerous lines on the charts    :</p><p>    After establishing the early March trough, an initial upward reaction essentially stalled at the 50% retracement of the February-March slide.</p><p>   In the wake of a marginal new intraday low in late March at 6,086.32, NYFANG quickly rallied, and with its 7,107.70 April 14 high, ultimately retraced 79.4% of the mid-February to early-March slide on an intraday basis. However, the index failed to close above the 76.4%/78.6% Fibonacci retracement zone of that decline in the 7,069.70/7,097.77 area.</p><p>   A resumption of weakness led to a test of the March troughs with the 6,106.50 mid-May low.</p><p>   The index has since bounced again, hitting an intraday high of 6,897.64 on Friday. However, the index has so far failed to end back above the 61.8% retracement of the February-March slide at 6,883.48, or the 76.4%/78.6% retracement zone of the April-May down-leg in the 6,871.42/6,893.44 area.</p><p>   The index slid during Monday's session, before recovering, and posting a small rise. Now in premarket trade on Tuesday, 7 of the 10 NYFANG members are quoted down, suggesting the index may be poised to trade lower early in the regular session.</p><p>   With yields snapping back, potentially putting the recent growth stock relative resurgence at risk  , NYFANG may be facing a sudden headwind. A close back below its 50-day moving average, which ended Monday at around 6,677, may see downside pressure intensify again.</p><p>   However, if NYFANG is forming a bullish triangle since its February peak, the 2021 lows should contain weakness.</p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ NYFANG06222021     S&amp;P 500 vs equal-weight counterpart in 2021     Early U.S. market snapshot     Existing home sales     Housing stocks    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线",".DJI":"道琼斯","MMAT":"Meta Materials Inc.","CLOV":"Clover Health Corp",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","ALF":"Centurion Acquisition Corp"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145306817","content_text":"* U.S. stock up slightly    * Consumer disc leads S&P sector gainers; real estate declines   * Bitcoin slides, breaks $30k   * Dollar up; gold, crude slip   * U.S. 10-Year Treasury yield ~1.48%     June 22 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com   THE HOUSE BEGAN TO PITCH: EXISTING HOME SALES EXTEND THEIR DECLINE (1105 EDT/1505 GMT)    Remember that movie where a calamity sent a house spinning into the sky? You'll recall it came back down and a certain witch had a bad day.       Existing home sales have come back to earth.   Sales of previously-owned U.S. homes    eased by 0.9% in May to 5.8 million units at a seasonally adjusted annualized rate (SAAR), according to the National Association of Realtors $(NAR.UK)$.   While the number extended April's 2.7% drop, it came in above the 5.72 million units SAAR expected by economists.   Until recently, the housing market has been the undisputed star of the COVID recover, as social distancing restrictions and the new, work-from-home normal sent homebuyers stampeding for the suburbs in search of elbow room and home office space.   That demand surge sent housing inventories to all-time lows, which in turn, launched home prices to the moon and well beyond the grasp of many potential buyers, particularly at the lower end of the market.   With this latest data, existing home sales are right about at February 2020 levels.   \"Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,\" writes Lawrence Yun, chief economist at NAR.   \"The market's outlook, however, is encouraging,\" Yun adds. \"Supply is expected to improve, which will give buyers more options and help tamp down record-high asking prices for existing homes.\"   Indeed supply has improved.    The scarcity of single-family homes on the market has begun to recover. It would now take 2.5 months to sell all available homes on the market, up from 1.8 months at the beginning of the year:   Housing stocks have largely outshone the broader market throughout the health crisis.   The 12-month performances of the Philadelphia SE Housing index    and the S&P 1500 Homebuilding index    have handily outperformed the S&P 500   .   As seen in the chart below, that outperformance started losing momentum about six weeks ago, but appears to have found a second wind in recent sessions:   Wall Street was once again range-bound and languid.   By mid-morning, the three major U.S. stock indexes were barely higher, but hadn't strayed far from the starting line.    But smallcaps   , like the witch, have had better days.   (Stephen Culp)   *****   WALL STREET FLATTISH, BRACING FOR POWELL (1015 EDT/1415 GMT)   The three major U.S. stock indexes are mixed, and near flat, in early trading Tuesday, as investors brace for comments from Federal Reserve Chair Jerome Powell.   Powell is to testify Tuesday before the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis.   In his prepared remarks for Tuesday released late Monday, Powell said the U.S. economy continues to show \"sustained improvement\" from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has \"increased notably in recent months.\"     Financials   , down 0.4%, are leading declines among S&P 500 sectors.   Meanwhile, so-called meme stocks are leading the charge in U.S. trading volumes, with ContextLogic   , down 3.0%, the most heavily traded stock with more than 92 million shares changing hands so far. Next comes Torchlight Energy   , down 5.3% with 69.5 million shares traded so far and Clover Health    following with 57 million shares and a 19.2% advance. In fourth place is Alfi Inc   , up 47.8%, with 47.4 million shares exchanged, and AMC Entertainment    is fifth, with volume of 47 million shares.   Here is the morning U.S. market snapshot:       (Caroline Valetkevitch, Sinéad Carew)   *****   PEERING BELOW THE SURFACE (1004 EDT/1404 GMT)   As investors digested last week's market selloff following the Federal Reserve's meeting, one dynamic that stood out were signs that the average stock struggled more than the overall benchmark index.   While the S&P 500    fell 1.9% last week, the equal-weight version of the index    dropped 3.7%. That was the biggest weekly percentage drop for the equal-weight S&P 500 since late January.   \"As much as the market pulled back a little bit at the headline level last week, below the surface the pullback was much sharper,\" said Keith Lerner, chief market strategist at  Truist Advisory Services in Atlanta.   Lerner points out that the relative strength in the heavyweight technology sector   , which edged up 0.1% last week for its fifth straight week of gains, helped keep the benchmark S&P 500 from logging more severe declines.    The strength of the equal-weight gauge this year has been an encouraging sign for those investors seeking a broader rally, as it suggests more stocks on average are doing well, rather than only those with the biggest market caps.   Indeed, after bouncing back on Monday, the S&P 500 equal weight index was up 16.9% so far in 2021 through yesterday's close, versus a 12.5% rise for the overall S&P 500. If that holds, it would be the first time since 2016 that the equal-weight version outperformed for a calendar year.   (Lewis Krauskopf)   *****    FANG INDEX: STILL INSIDE THE LINES (0900 EDT/1300 GMT)   Since peaking in February at 7,370.72, and then declining into an early March low at 6,095,23, the NYSE FANG+TM Index  has been serving up swings contained by numerous lines on the charts    :    After establishing the early March trough, an initial upward reaction essentially stalled at the 50% retracement of the February-March slide.   In the wake of a marginal new intraday low in late March at 6,086.32, NYFANG quickly rallied, and with its 7,107.70 April 14 high, ultimately retraced 79.4% of the mid-February to early-March slide on an intraday basis. However, the index failed to close above the 76.4%/78.6% Fibonacci retracement zone of that decline in the 7,069.70/7,097.77 area.   A resumption of weakness led to a test of the March troughs with the 6,106.50 mid-May low.   The index has since bounced again, hitting an intraday high of 6,897.64 on Friday. However, the index has so far failed to end back above the 61.8% retracement of the February-March slide at 6,883.48, or the 76.4%/78.6% retracement zone of the April-May down-leg in the 6,871.42/6,893.44 area.   The index slid during Monday's session, before recovering, and posting a small rise. Now in premarket trade on Tuesday, 7 of the 10 NYFANG members are quoted down, suggesting the index may be poised to trade lower early in the regular session.   With yields snapping back, potentially putting the recent growth stock relative resurgence at risk  , NYFANG may be facing a sudden headwind. A close back below its 50-day moving average, which ended Monday at around 6,677, may see downside pressure intensify again.   However, if NYFANG is forming a bullish triangle since its February peak, the 2021 lows should contain weakness.   (Terence Gabriel)   *****   FOR TUESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ NYFANG06222021     S&P 500 vs equal-weight counterpart in 2021     Early U.S. market snapshot     Existing home sales     Housing stocks       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161766551,"gmtCreate":1623940989373,"gmtModify":1703824163487,"author":{"id":"3581994349889012","authorId":"3581994349889012","authorIdStr":"3581994349889012","name":"RingALing","avatar":"https://static.tigerbbs.com/5dc968dceb0b6de942fcb8fe94fe50a4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581994349889012"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AVIR\">$Atea Pharmaceuticals, Inc.(AVIR)$</a>Keep on&nbsp;going!","listText":"<a href=\"https://laohu8.com/S/AVIR\">$Atea Pharmaceuticals, Inc.(AVIR)$</a>Keep on&nbsp;going!","text":"$Atea Pharmaceuticals, Inc.(AVIR)$Keep on going!","images":[{"img":"https://static.tigerbbs.com/4ccf2a3565ca1e05bc507008009ede89","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161766551","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117150171,"gmtCreate":1623124490893,"gmtModify":1704196586222,"author":{"id":"3581994349889012","authorId":"3581994349889012","authorIdStr":"3581994349889012","name":"RingALing","avatar":"https://static.tigerbbs.com/5dc968dceb0b6de942fcb8fe94fe50a4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581994349889012"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AVIR\">$Atea Pharmaceuticals, Inc.(AVIR)$</a>Go go go&nbsp;","listText":"<a href=\"https://laohu8.com/S/AVIR\">$Atea Pharmaceuticals, Inc.(AVIR)$</a>Go go go&nbsp;","text":"$Atea Pharmaceuticals, Inc.(AVIR)$Go go go","images":[{"img":"https://static.tigerbbs.com/b6c75d789c677032ce91728322406391","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117150171","isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}