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2021-07-29

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EV charging firm Allego to go public via Apollo-backed blank-check deal

2021-06-19

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Oil prices edge higher, look to shake off post-Fed decline

2021-07-12

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2021-07-10

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On Wall Street, Slow Is the Way to Go - Just Ask a Real Trader

2021-07-06

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2021-06-27

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Biden infrastructure plan means upside for two materials stocks, Jefferies says

2021-06-25

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Federal Reserve gives U.S. banks a thumbs-up as all 23 lenders easily pass 2021 stress test

2021-07-03

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Can Alibaba Turn Around Its Woes in the Second Half of 2021?

2021-06-23

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US Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High

2021-06-23

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Bitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried

2021-06-19

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Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie

2021-06-17

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Hawkish Fed fuels dollar, leaves stocks and bonds bruised

2021-06-16

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U.S. buys another 200 million doses of Moderna's COVID-19 vaccine

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Compare this to one year ago, when S&amp;P 500 EPS fell by 32% as the pandemic sparked a sharp recession. Cyclical Industrials, Consumer Discretionary, and Materials sectors are forecast to lead the index in EPS growth.</p>\n<p><img src=\"https://static.tigerbbs.com/97d96a80eab68f78b39d83abd789745e\" tg-width=\"500\" tg-height=\"336\"></p>\n<p>In 2Q 2020, Brent crude traded at an average of $33/bbl and Energy stocks posted an aggregate net loss. Oil prices averaged $69/bblin 2Q and Energy firms are expected to return to profitability.</p>\n<p>Like last quarter, Financials are expected to be the primary driver of S&amp;P 500 EPS growth. In 1Q, Financials represented $3 of the total $9 EPS beat versus consensus expectations.<b>Financials EPS are forecast to grow by 116% in 2Q and account for 25% of S&amp;P 500 EPS growth.</b>Most banks analysts expect results to come in largely in line with consensus after adjusting for reserve releases. Capital markets activity has normalized following the strong pace in 2020 and 1Q 2021. However,<b>large reserve releases will boost EPS for the third quarter in a row and could drive up to 18% EPS uplift for Banks by year-end.</b>Though investors are not likely to reward these beats outright since releases are non-recurring, analysts expect that the market will pay for the capital return that could result from the earnings tailwind and the recent CCAR results.</p>\n<p>Another notable point:<b>while consensus expects S&amp;P 500 EPS to grow by 61%, the median stock is only forecast to grow earnings by 24%.</b></p>\n<p><img src=\"https://static.tigerbbs.com/06b7ce6f61cb168c376424758fc9c5f0\" tg-width=\"500\" tg-height=\"326\"></p>\n<p>The greater rebound in aggregate earnings is largely a function of the base effect, or the sharper decline in earnings in 2020; the median S&amp;P 500 stock saw its EPS fall by just 12% year/year in 2Q 2020 compared with the 32% decline in aggregate earnings.<b>The five largest stocks in the index (FB, AMZN, AAPL, MSFT, GOOGL) account for 22% of market cap and 14% of S&amp;P 500 2Q 2021 EPS.</b>Despite last year’s acute 2Q economic contraction, these firms actually posted average EPS growth of 38% and are still expected to grow earnings by an average of 52% in 2Q 2021.</p>\n<p>In his preview of Q2 earnings season, Goldman's chief equity strategist David Kostin -<b>who expects the S&amp;P to close the year at 4,300 or -0.5% lower from Friday's record close</b>- focuses on three questions for managements this earnings season:</p>\n<ol>\n <li>How will firms preserve profit margins amid input cost pressures?</li>\n <li>How will companies prioritize their cash spending as balance sheets recover?</li>\n <li>How does ongoing policy uncertainty affect the business outlook? Rates have plunged and high “quality” themes are outperforming.</li>\n</ol>\n<p><i>Digging a little deeper</i></p>\n<ul>\n <li><b>1. How will companies preserve margins amid input cost pressures?</b>S&amp;P 500 margins notched a record high of 11.9% in&nbsp; 1Q 2021, though investors remain focused on the forward margin outlook given rising input costs.<b>Global shipping woes, raw material inflation as well as acute shortages in both labor and semiconductors have combined to increase costs for companies across the by raising prices and passing higher input costs to their customers.</b>During Q1 calls, many companies discussed price increases and this trend will likely continue during 2Q earnings. Alternatively, with SG&amp;A as a share of sales elevated versus history, companies can also preserve margins through cost cutting. As an example, General Mills announced last week that it faces some of the highest costs in a decade and will implement a mix of both cost cuts and price increases.</li>\n <li><b>2. Investors have started to reward companies with attractive margin profiles.</b>According to Goldman, profit margins are the second most important driver of company valuations today, behind only equity duration. The bank's sector-neutral factor of stocks with the highest vs. lowest profit margins has also started to outperform.<i>Other “quality” factors such as strong vs. weak balance sheets and high vs. low returns on capital have also inflected higher since early June.</i></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/c48adec9ce9ac7f02c3a669e37e358e4\" tg-width=\"500\" tg-height=\"350\"></p>\n<ul>\n <li><b>3. How will companies prioritize their cash spending as balance sheets recover?</b>Both aggregate and median S&amp;P 500 cash / assets ratios have rebounded and now stand at record levels, driven in part by record high corporate bond and follow-on equity issuance during the last 18 months. And while leverage remains elevated versus history, it has been falling as corporate profits have started to improve. Info Tech and Consumer Discretionary hold the highest cash / asset ratios of any sectors and account for 43% of total S&amp;P 500 ex-Financials cash.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/a7c869205feb07f0e0dae0023005dbd0\" tg-width=\"500\" tg-height=\"350\">For what it's worth, Goldman expects capex will represent the largest share of S&amp;P 500 cash use in 2021, but forecasts the fastest year/year growth will be in cash M&amp;A and share buybacks. After a 10% decline in cash spending in 2020, the bank forecasts that high cash balances, anemic yields as well as strong economic and earnings growth will combine to drive 19% growth in cash spending in 2021 ($2.8 trillion) and 6% in 2022 ($3 trillion). Investing for growth (capex, R&amp;D, and cash M&amp;A) should account for 55% of total cash spending in 2021.<b>High cash balances, record buyback authorizations, and excess capital for Financials post-CCAR should also drive a 35% rebound in buybacks in 2021.</b>Indeed, data from the bank's buybacks desk show that US<b>corporates have authorized $627 billion in buybacks YTD, the second-fastest pace on record</b>(only behind the tax reform aided level in 2018) and 155% above 2020 levels</p>\n<p>In terms of preferred trades, Kostin highlights a screen of stocks with above-average net margins, realized margin growth of 50+ bp in 2020, and expected margin growth of 50+ bp in each of the next two years.</p>\n<p><img src=\"https://static.tigerbbs.com/fd5a1c4bf80144b4c161f6e0ef5627ff\" tg-width=\"1280\" tg-height=\"899\">The median stock has a 2021E net margin of 26% (vs. 13% for S&amp;P 500 median) and is forecast to grow margins by 306 bp through 2022 and (vs. 156 bp for median stock).</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>Goldman Has Three Questions For Companies During Q2 Earnings Season</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; 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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\">\nGoldman Has Three Questions For Companies During Q2 Earnings Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 09:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/goldman-has-three-questions-companies-during-q2-earnings-season><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2Q earnings season kicks off next week when the big banks kick off reporting as usual, and consensus expects 2Q EPS growth of 61% year/year, driven by a combination of base effect, 22% sales growth ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/goldman-has-three-questions-companies-during-q2-earnings-season\">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",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/goldman-has-three-questions-companies-during-q2-earnings-season","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129204116","content_text":"2Q earnings season kicks off next week when the big banks kick off reporting as usual, and consensus expects 2Q EPS growth of 61% year/year, driven by a combination of base effect, 22% sales growth and 256 bps of net margin expansion to 11.1% even though the median stock is forecast to grow EPS by a more modest 24%. Compare this to one year ago, when S&P 500 EPS fell by 32% as the pandemic sparked a sharp recession. Cyclical Industrials, Consumer Discretionary, and Materials sectors are forecast to lead the index in EPS growth.\n\nIn 2Q 2020, Brent crude traded at an average of $33/bbl and Energy stocks posted an aggregate net loss. Oil prices averaged $69/bblin 2Q and Energy firms are expected to return to profitability.\nLike last quarter, Financials are expected to be the primary driver of S&P 500 EPS growth. In 1Q, Financials represented $3 of the total $9 EPS beat versus consensus expectations.Financials EPS are forecast to grow by 116% in 2Q and account for 25% of S&P 500 EPS growth.Most banks analysts expect results to come in largely in line with consensus after adjusting for reserve releases. Capital markets activity has normalized following the strong pace in 2020 and 1Q 2021. However,large reserve releases will boost EPS for the third quarter in a row and could drive up to 18% EPS uplift for Banks by year-end.Though investors are not likely to reward these beats outright since releases are non-recurring, analysts expect that the market will pay for the capital return that could result from the earnings tailwind and the recent CCAR results.\nAnother notable point:while consensus expects S&P 500 EPS to grow by 61%, the median stock is only forecast to grow earnings by 24%.\n\nThe greater rebound in aggregate earnings is largely a function of the base effect, or the sharper decline in earnings in 2020; the median S&P 500 stock saw its EPS fall by just 12% year/year in 2Q 2020 compared with the 32% decline in aggregate earnings.The five largest stocks in the index (FB, AMZN, AAPL, MSFT, GOOGL) account for 22% of market cap and 14% of S&P 500 2Q 2021 EPS.Despite last year’s acute 2Q economic contraction, these firms actually posted average EPS growth of 38% and are still expected to grow earnings by an average of 52% in 2Q 2021.\nIn his preview of Q2 earnings season, Goldman's chief equity strategist David Kostin -who expects the S&P to close the year at 4,300 or -0.5% lower from Friday's record close- focuses on three questions for managements this earnings season:\n\nHow will firms preserve profit margins amid input cost pressures?\nHow will companies prioritize their cash spending as balance sheets recover?\nHow does ongoing policy uncertainty affect the business outlook? Rates have plunged and high “quality” themes are outperforming.\n\nDigging a little deeper\n\n1. How will companies preserve margins amid input cost pressures?S&P 500 margins notched a record high of 11.9% in  1Q 2021, though investors remain focused on the forward margin outlook given rising input costs.Global shipping woes, raw material inflation as well as acute shortages in both labor and semiconductors have combined to increase costs for companies across the by raising prices and passing higher input costs to their customers.During Q1 calls, many companies discussed price increases and this trend will likely continue during 2Q earnings. Alternatively, with SG&A as a share of sales elevated versus history, companies can also preserve margins through cost cutting. As an example, General Mills announced last week that it faces some of the highest costs in a decade and will implement a mix of both cost cuts and price increases.\n2. Investors have started to reward companies with attractive margin profiles.According to Goldman, profit margins are the second most important driver of company valuations today, behind only equity duration. The bank's sector-neutral factor of stocks with the highest vs. lowest profit margins has also started to outperform.Other “quality” factors such as strong vs. weak balance sheets and high vs. low returns on capital have also inflected higher since early June.\n\n\n\n3. How will companies prioritize their cash spending as balance sheets recover?Both aggregate and median S&P 500 cash / assets ratios have rebounded and now stand at record levels, driven in part by record high corporate bond and follow-on equity issuance during the last 18 months. And while leverage remains elevated versus history, it has been falling as corporate profits have started to improve. Info Tech and Consumer Discretionary hold the highest cash / asset ratios of any sectors and account for 43% of total S&P 500 ex-Financials cash.\n\nFor what it's worth, Goldman expects capex will represent the largest share of S&P 500 cash use in 2021, but forecasts the fastest year/year growth will be in cash M&A and share buybacks. After a 10% decline in cash spending in 2020, the bank forecasts that high cash balances, anemic yields as well as strong economic and earnings growth will combine to drive 19% growth in cash spending in 2021 ($2.8 trillion) and 6% in 2022 ($3 trillion). Investing for growth (capex, R&D, and cash M&A) should account for 55% of total cash spending in 2021.High cash balances, record buyback authorizations, and excess capital for Financials post-CCAR should also drive a 35% rebound in buybacks in 2021.Indeed, data from the bank's buybacks desk show that UScorporates have authorized $627 billion in buybacks YTD, the second-fastest pace on record(only behind the tax reform aided level in 2018) and 155% above 2020 levels\nIn terms of preferred trades, Kostin highlights a screen of stocks with above-average net margins, realized margin growth of 50+ bp in 2020, and expected margin growth of 50+ bp in each of the next two years.\nThe median stock has a 2021E net margin of 26% (vs. 13% for S&P 500 median) and is forecast to grow margins by 306 bp through 2022 and (vs. 156 bp for median stock).","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141582932,"gmtCreate":1625880512726,"gmtModify":1703750300729,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/141582932","repostId":"1126588086","repostType":4,"repost":{"id":"1126588086","kind":"news","pubTimestamp":1625843443,"share":"https://ttm.financial/m/news/1126588086?lang=&edition=fundamental","pubTime":"2021-07-09 23:10","market":"us","language":"en","title":"On Wall Street, Slow Is the Way to Go - Just Ask a Real Trader","url":"https://stock-news.laohu8.com/highlight/detail?id=1126588086","media":"Thestreet","summary":"With the meme stock revolution, low trading commissions and pandemic-related downtime, among other m","content":"<p>With the meme stock revolution, low trading commissions and pandemic-related downtime, among other market drivers, there’s a slew of new stock traders circulating these days. Like any influx of new participants to a larger marketplace (such as an increase in gamblers due to online waging or gig workers in a dynamic labor force), fledgling investors can have a big impact on the stock market.</p>\n<p>That doesn’t make them real traders, at least not yet, says Real Money contributor James “Rev Shark” DePorre.</p>\n<p>He writes: “It’s very easy for individuals with small amounts of money to trade stocks these days.</p>\n<p>“Yet many of the folks recently attracted to trading view it as just a form of gambling similar to sports betting. They rely primarily on luck, which can work well in the right environment, but it never lasts long. The great likelihood is that they will eventually give up or be wiped out as soon as the market goes through a deep corrective cycle.</p>\n<p>Some of these new market participants will evolve and become 'real' traders. They will learn a skill that will serve them well for the rest of their lives. They will eventually understand that trading can be so lucrative because it is hard to do, but persistence and effort pay off over time.”</p>\n<p>Real traders also succeed in boosting their account values on a regular basis, primarily by hitting a lot of singles and doubles, and avoiding swinging for the fences.</p>\n<p>Some new traders did profit from the GameStop&nbsp;(<b>GME</b>)&nbsp;and AMC Entertainment&nbsp;(<b>AMC</b>)&nbsp;sagas. But those who kept pushing the short squeeze strategy and hoping it would work by sheer luck soon found their market accounts empty and their experience trading on Wall Street a disappointing, or even devastating one. That, DePorre said, is highly unlikely to happen to a real stock trader.</p>\n<p>What experienced traders spend most of their time and effort on is managing their trades and controlling risk, he says. “One of the hardest things to do in trading is to build substantial positions at the right time.”</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>On Wall Street, Slow Is the Way to Go - Just Ask a Real Trader</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\">\nOn Wall Street, Slow Is the Way to Go - Just Ask a Real Trader\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/wall-street-slow-is-the-way-to-go-just-ask-real-trader><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the meme stock revolution, low trading commissions and pandemic-related downtime, among other market drivers, there’s a slew of new stock traders circulating these days. Like any influx of new ...</p>\n\n<a href=\"https://www.thestreet.com/investing/wall-street-slow-is-the-way-to-go-just-ask-real-trader\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.thestreet.com/investing/wall-street-slow-is-the-way-to-go-just-ask-real-trader","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126588086","content_text":"With the meme stock revolution, low trading commissions and pandemic-related downtime, among other market drivers, there’s a slew of new stock traders circulating these days. Like any influx of new participants to a larger marketplace (such as an increase in gamblers due to online waging or gig workers in a dynamic labor force), fledgling investors can have a big impact on the stock market.\nThat doesn’t make them real traders, at least not yet, says Real Money contributor James “Rev Shark” DePorre.\nHe writes: “It’s very easy for individuals with small amounts of money to trade stocks these days.\n“Yet many of the folks recently attracted to trading view it as just a form of gambling similar to sports betting. They rely primarily on luck, which can work well in the right environment, but it never lasts long. The great likelihood is that they will eventually give up or be wiped out as soon as the market goes through a deep corrective cycle.\nSome of these new market participants will evolve and become 'real' traders. They will learn a skill that will serve them well for the rest of their lives. They will eventually understand that trading can be so lucrative because it is hard to do, but persistence and effort pay off over time.”\nReal traders also succeed in boosting their account values on a regular basis, primarily by hitting a lot of singles and doubles, and avoiding swinging for the fences.\nSome new traders did profit from the GameStop (GME) and AMC Entertainment (AMC) sagas. But those who kept pushing the short squeeze strategy and hoping it would work by sheer luck soon found their market accounts empty and their experience trading on Wall Street a disappointing, or even devastating one. That, DePorre said, is highly unlikely to happen to a real stock trader.\nWhat experienced traders spend most of their time and effort on is managing their trades and controlling risk, he says. “One of the hardest things to do in trading is to build substantial positions at the right time.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154577138,"gmtCreate":1625536754224,"gmtModify":1703743235281,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154577138","repostId":"1139574200","repostType":4,"repost":{"id":"1139574200","kind":"news","pubTimestamp":1625483114,"share":"https://ttm.financial/m/news/1139574200?lang=&edition=fundamental","pubTime":"2021-07-05 19:05","market":"us","language":"en","title":"Bitcoin struggles for momentum as crypto starts week in the red","url":"https://stock-news.laohu8.com/highlight/detail?id=1139574200","media":"yahoo finance","summary":"Major cryptocurrencies started the week in the red on Monday, as a lull that has hit the market in r","content":"<p>Major cryptocurrencies started the week in the red on Monday, as a lull that has hit the market in recent weeks continued.</p>\n<p>Bitcoin (BTC-USD), the largest cryptocurrency, was trading around 3.6% lower at $34,231 (£24,716) by 9am in London. The cryptocurrency retreated after a small rally over the weekend, having sunk to a low of around $33,000 on Friday.</p>\n<p>After reaching an all-time high above $64,000 in April, bitcoin has been largely range bound in the last few weeks. The world's biggest cryptocurrency has mostly traded above $30,000 while struggling to break above $40,000.</p>\n<p>Naeem Aslam, chief market analyst at Avatrade, said bitcoin was at risk of falling lower.</p>\n<p>\"<a href=\"https://laohu8.com/S/NGD\">New</a> retail investors who have been involved in Bitcoin price are still feeling shaky and very few institutional investors understand the long term perspective of Bitcoin price,\" he said. \"This means that the threat of Bitcoin price touching the 25K is still on the table.</p>\n<p>\"However, those odds aren’t that strong as they were last week. The Bitcoin price must continue to respect the 30K support level.\"</p>\n<p>Ethereum (ETH-USD), the second most popular token, was also falling on Monday morning. Ethereum was around 3% lower at $2,272. The token had traded above $2,350 on Sunday — its highest point in two weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/ea7a88c316cedbf72d82ebd3e8fdab89\" tg-width=\"705\" tg-height=\"295\" referrerpolicy=\"no-referrer\">Ethereum pulled back after a weekend rally. Photo: Yahoo Finance UK</p>\n<p>By 9am in London, the broader cryptocurrency market had lost more than 2.8% of its value over the last 24 hours, according to data provider CoinMarketCap.com.</p>\n<p><b>Read more:European markets latest: <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a> muted as Morrisons takeover battle brews</b></p>\n<p>The crypto market has struggled to recapture the momentum seen earlier in the year. A record high for bitcoin spurred the broader market to reach a value of more than $2tn. Today the cryptocurrency market is worth $1.4tn.</p>\n<p>Bitcoin's high was driven by increased institutional adoption and boosterism from the likes of Tesla's (TSLA) Elon Musk. Stalling momentum coincided witha crackdown in <a href=\"https://laohu8.com/S/CAAS\">China</a>,growing concerns about bitcoin's energy use, andwaning enthusiasm from Musk.</p>\n<p>\"Bulls are still not out of the woods yet because bitcoin price has a long way to go before we can really see that any downward move threats are over,\" said Aslam.</p>","source":"yahoofinance_sg","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>Bitcoin struggles for momentum as crypto starts week in the red</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\">\nBitcoin struggles for momentum as crypto starts week in the red\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-ethereum-price-5-july-regulation-elon-musk-cryptocurrencies-084746814.html><strong>yahoo finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Major cryptocurrencies started the week in the red on Monday, as a lull that has hit the market in recent weeks continued.\nBitcoin (BTC-USD), the largest cryptocurrency, was trading around 3.6% lower ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-ethereum-price-5-july-regulation-elon-musk-cryptocurrencies-084746814.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/bitcoin-ethereum-price-5-july-regulation-elon-musk-cryptocurrencies-084746814.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139574200","content_text":"Major cryptocurrencies started the week in the red on Monday, as a lull that has hit the market in recent weeks continued.\nBitcoin (BTC-USD), the largest cryptocurrency, was trading around 3.6% lower at $34,231 (£24,716) by 9am in London. The cryptocurrency retreated after a small rally over the weekend, having sunk to a low of around $33,000 on Friday.\nAfter reaching an all-time high above $64,000 in April, bitcoin has been largely range bound in the last few weeks. The world's biggest cryptocurrency has mostly traded above $30,000 while struggling to break above $40,000.\nNaeem Aslam, chief market analyst at Avatrade, said bitcoin was at risk of falling lower.\n\"New retail investors who have been involved in Bitcoin price are still feeling shaky and very few institutional investors understand the long term perspective of Bitcoin price,\" he said. \"This means that the threat of Bitcoin price touching the 25K is still on the table.\n\"However, those odds aren’t that strong as they were last week. The Bitcoin price must continue to respect the 30K support level.\"\nEthereum (ETH-USD), the second most popular token, was also falling on Monday morning. Ethereum was around 3% lower at $2,272. The token had traded above $2,350 on Sunday — its highest point in two weeks.\nEthereum pulled back after a weekend rally. Photo: Yahoo Finance UK\nBy 9am in London, the broader cryptocurrency market had lost more than 2.8% of its value over the last 24 hours, according to data provider CoinMarketCap.com.\nRead more:European markets latest: FTSE 100 muted as Morrisons takeover battle brews\nThe crypto market has struggled to recapture the momentum seen earlier in the year. A record high for bitcoin spurred the broader market to reach a value of more than $2tn. Today the cryptocurrency market is worth $1.4tn.\nBitcoin's high was driven by increased institutional adoption and boosterism from the likes of Tesla's (TSLA) Elon Musk. Stalling momentum coincided witha crackdown in China,growing concerns about bitcoin's energy use, andwaning enthusiasm from Musk.\n\"Bulls are still not out of the woods yet because bitcoin price has a long way to go before we can really see that any downward move threats are over,\" said Aslam.","news_type":1},"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152838038,"gmtCreate":1625279826324,"gmtModify":1703739869590,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152838038","repostId":"1146176335","repostType":4,"isVote":1,"tweetType":1,"viewCount":768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124172378,"gmtCreate":1624756468394,"gmtModify":1703844436887,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124172378","repostId":"1162379867","repostType":4,"repost":{"id":"1162379867","kind":"news","pubTimestamp":1624667602,"share":"https://ttm.financial/m/news/1162379867?lang=&edition=fundamental","pubTime":"2021-06-26 08:33","market":"us","language":"en","title":"Biden infrastructure plan means upside for two materials stocks, Jefferies says","url":"https://stock-news.laohu8.com/highlight/detail?id=1162379867","media":"CNBC","summary":"An infrastructure agreement between the Biden administration and a bipartisan group of senators repr","content":"<div>\n<p>An infrastructure agreement between the Biden administration and a bipartisan group of senators represents a “big step forward” and a positive for two materials companies, according to Jefferies.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden infrastructure plan means upside for two materials stocks, Jefferies says</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\">\nBiden infrastructure plan means upside for two materials stocks, Jefferies says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An infrastructure agreement between the Biden administration and a bipartisan group of senators represents a “big step forward” and a positive for two materials companies, according to Jefferies.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VMC":"火神材料","MLM":"马丁-玛丽埃塔材料"},"source_url":"https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1162379867","content_text":"An infrastructure agreement between the Biden administration and a bipartisan group of senators represents a “big step forward” and a positive for two materials companies, according to Jefferies.\nGravel supplier Martin Marietta Materials and cement makerVulcan Materialsshould each see a pickup in sales if some version of a physical infrastructure bill is passed, analyst Philip Ng said on Friday.\nJefferies upgraded both stocks to buy ratings and hiked its price targets on both materials firms.\nWith the market wary about “peak earnings for cyclicals, we believe MLM & VMC are positioned to outperform from a potential infrastructure bill & recovery in” nonresidential construction, Ng wrote in a note.\nAfter weeks of negotiation, the White House and a centrist group of senators announced Thursday that they agreed upon a policy framework for a physical infrastructure bill.\nThe plan would spend $973 billion over five years, and $1.2 trillion if continued over eight years, on a package that would fund improvements to roads, bridges, and airports, as well as bolstered construction for waterways, electric vehicles and broadband.\n\nWhile the details of the plan are subject to change, early estimates of the infrastructure bill’s spending include a $109 billion increase for roads and bridges. That kind of expenditure, spread over five to eight years, could increase materials industry demand by 5% to 8% annually over that time period, Jefferies said.\nAnalyst Ng added that the equity of Vulcan and Martin Marietta looks especially attractive relative to other materials companies given their exposure to nonresidential construction.\nThe nonresidential industry “is showing green shoots, with MLM noting bidding activity & pricing inquiries for light commercial were picking up,” he wrote. “With 34-40% of MLM & VMC’s sales in nonres, they have great leverage to a recovery in commercial and could provide upside in 2H21 / 2022.”\nBoth stocks have already posted strong returns for 2021 as the U.S. economy climbs its way out of the Covid-19 pandemic: Vulcan is up 19.3% and Martin Marietta has gained 26.7% since January.\nStill, Jefferies sees more upside ahead with a price target of $424 a share for Martin Marietta and $207 a share for Vulcan. Those two price targets imply upside of 18% for each stock from Thursday’s close.\nVulcan was last seen up 0.97%, while Martin Marietta added 0.1% on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122086303,"gmtCreate":1624588187302,"gmtModify":1703841104235,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122086303","repostId":"1161354721","repostType":4,"isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121184687,"gmtCreate":1624456788049,"gmtModify":1703837281500,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121184687","repostId":"1165465805","repostType":4,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123164065,"gmtCreate":1624412586457,"gmtModify":1703835881579,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123164065","repostId":"1164759713","repostType":4,"repost":{"id":"1164759713","kind":"news","pubTimestamp":1624410080,"share":"https://ttm.financial/m/news/1164759713?lang=&edition=fundamental","pubTime":"2021-06-23 09:01","market":"us","language":"en","title":"Bitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried","url":"https://stock-news.laohu8.com/highlight/detail?id=1164759713","media":"CNBC","summary":"Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of ","content":"<div>\n<p>Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn't help that cryptocurrencies like dogecoin, XRP and others saw sharp drops...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried</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\">\nBitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn't help that cryptocurrencies like dogecoin, XRP and others saw sharp drops...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1164759713","content_text":"Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn't help that cryptocurrencies like dogecoin, XRP and others saw sharp drops in the last 24 hours.\nBut experts tell CNBC that bitcoin's fundamentals are good, and the market conditions in 2021 are very different than the last big crypto crash in 2018.\n\"We are far from a bear market, only traders are freaking out over technicals seen on exchanges like volumes and price action,\" said popular on-chain analyst and statistician Willy Woo.\nWhat's happening to bitcoin\nBitcoin's rise in the last 12 months has had a lot to do with the billionaires and corporations that are buying bitcoin in big amounts. The surge in interest from mainstream financial players has not only reformed bitcoin's image but has also fomented a supply shortage, which helped drive up the price of the token.\nBut since the price of bitcoinpeaked over $63,000in April,the last few months have been rough for the world's biggest cryptocurrency.\nChina's countrywide crackdown on the nation's bitcoin miners certainly isn't helping.\n\"Recent news on the China mining shutdown is very reminiscent of China every few years. They've banned banks from using bitcoin, but this is actually different. I've never seen an exodus like this before,\" said Darin Feinstein, founder of Blockcap, one of the largest bitcoin mining operators in North America.\nMore than half the world's bitcoin miners are in China, and Beijing has made it clear that it wants them out.In May, the government called fora severe crackdown onbitcoinmining and trading, setting off what's been dubbed \"the great mining migration.\"\n\"Much of this downward momentum in bitcoin's price has been ascribed to China's latest moves with mining that have led to a lower global hashrate,\" said Jason Deane, an analyst at Quantum Economics, which specializes in research and analysis on financial markets and cryptocurrency.\n\"While long-term bitcoiners view this as an extremely positive move for the network ... short-term traders are spooked by uncertainty.\"\nAt present, theFear and Greed Indexshows a reading of 10, indicating \"extreme fear.\"\n\"Markets are often driven by momentum which can sometimes overwhelm fundamentals and the current sentiment seems to reflect that this is what we're seeing here,\" said Deane.\n2021 vs. 2018\nBut Deane and others think it is unlikely to be the start of a so-called crypto winter. Instead, they predict we are headed for a period of overreaction that will correct itself in due course.\n\"We may never see another crypto winter again,\" said Mati Greenspan, portfolio manager and Quantum Economics founder. \"There's a lot more utility, adoption, and diversification in the industry than we had in 2014 or 2018.\"\nBitcoin bulls insist the underlying fundamentals of bitcoin are much stronger in 2021, than they were during its last bear market in 2018.\n\"It's the bitcoin blockchain's more than a decade of unblemished security, bitcoin's breadth of utility, and the level of adoption that establish bitcoin's intrinsic value,\" said Alyse Killeen, founder and managing partner of bitcoin-focused venture firm Stillmark.\nThat last point is particularly important -- bitcoin adoption is on a tear, creating a broader group of users who believe in the currency's value, which reinforces it.\n\"All the network fundamentals are bullish, most of all we are at all-time highs of new user growth,\" said Woo.\nBitcoin also recentlylocked its first major upgrade in four years, promising additional functionality, privacy and efficiency.\nShort term, bitcoin believers think crypto prices will stabilize at price levels that are still higher than previous plateaus.\n\"It definitely fits the pattern of crypto assets rising well above previous all time highs, then settling into a new normal for a few years to come while builders continue to innovate on the technology front,\" said Auston Bunsen, co-founder and CTO of QuikNode, which provides blockchain infrastructure to developers and companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165015715,"gmtCreate":1624080728637,"gmtModify":1703828468513,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165015715","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=&edition=fundamental","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<p><i>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.</i></p>\n<p>If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss:&nbsp;More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.</p>\n<p>Crazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.</p>\n<p>But the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,<b>Eddie Antar.</b></p>\n<p><b>An Audacious Start:</b>Eddie Antar was born in Brooklyn, New York,&nbsp;on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.</p>\n<p>By 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.</p>\n<p>At the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price&nbsp;all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.</p>\n<p>Some manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.</p>\n<p>The stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.</p>\n<p>But how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work&nbsp;enabled them to put their ethics on hold.</p>\n<p>“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”</p>\n<p>Sights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.</p>\n<p>Antar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.</p>\n<p>The co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.</p>\n<p><b>An Advertising Assault:</b>The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion —&nbsp;he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.</p>\n<p>Antar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>Rather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as&nbsp;his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.</p>\n<p>It was through the television commercials&nbsp;Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater —&nbsp;and stood surrounded by displays of the electronics being peddled.</p>\n<p>Each commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.</p>\n<p>Carroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.</p>\n<p>He would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>There would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.</p>\n<p>A couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.</p>\n<p><b>Not So Funny:</b>After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.</p>\n<p>But as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.</p>\n<p>Antar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.</p>\n<p>“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.</p>\n<p>\"People have a certain idea of Crazy Eddie —&nbsp;in reality, it was a dark criminal enterprise.”</p>\n<p>Antar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.</p>\n<p>Eventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable:&nbsp;Antar decided to take Crazy Eddie public.</p>\n<p><b>Hello, Wall Street:</b>Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.</p>\n<p>Two years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.</p>\n<p>Why Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.</p>\n<p>The increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.</p>\n<p>Antar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down —&nbsp;and&nbsp;while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.</p>\n<p>The company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.</p>\n<p>The chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.</p>\n<p>\"By any measure, this is a staggering securities fraud,\" said<b>Michael Chertoff</b>, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.</p>\n<p>By 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.</p>\n<p>Antar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.</p>\n<p>“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”</p>\n<p>In July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.</p>\n<p>Rather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.</p>\n<p><b>The Legend Lives On:</b>Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.</p>\n<p>Several attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.</p>\n<p>In June 2019,<b>Jon Turteltaub</b>, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.</p>\n<p>Many of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.</p>\n<p>Antar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.</p>\n<p>“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”</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: The Rise And Fall Of Crazy Eddie</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\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162300216,"gmtCreate":1624033108135,"gmtModify":1703827300146,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":44,"repostSize":0,"link":"https://ttm.financial/post/162300216","repostId":"2144034771","repostType":4,"repost":{"id":"2144034771","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624026060,"share":"https://ttm.financial/m/news/2144034771?lang=&edition=fundamental","pubTime":"2021-06-18 22:21","market":"fut","language":"en","title":"Oil prices edge higher, look to shake off post-Fed decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2144034771","media":"Dow Jones","summary":"Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losse","content":"<p>Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losses from a day earlier that were blamed on strength in the dollar, following a shift in tone by the Federal Reserve this week.</p>\n<p>\"Oil is trying to come to grips with the fact that the Federal Reserve might have to raise interest rates sooner than later, and that stalled the market ascent until they understand exactly what the Fed has in mind,\" Phil Flynn, senior market analyst at The Price Futures Group, told MarketWatch. \"But in the short term, that doesn't change the fact that we're going to see global oil inventories tighten dramatically in the coming weeks.\"</p>\n<p>Meanwhile, Iran held a presidential election Friday. The likelihood that the nation is may see a hardline candidate become the winner, \"probably reduces the odds that Iranian crude oil will come on the market anytime soon,\" said Flynn.</p>\n<p>Read:Why Iran's presidential election is the 'most important political milestone' of 2021 for the global oil market</p>\n<p>Indirect negotiations between the U.S. and Iran to revive the 2015 nuclear deal are ongoing and some analysts have said that a victory by a front-running hard-liner could slow negotiations.</p>\n<p>Energy traders will also keep an eye on the Gulf of Mexico to see if a storm system in the region forms into tropical storm Claudette and causes any problems, said Flynn. \"More than likely, it will shut in some production and delay imports and exports next week.\"</p>\n<p>West Texas Intermediate crude for July delivery rose 72 cents, or 1%, to $71.76 a barrel on the New York Mercantile Exchange, putting the U.S. benchmark on track for a weekly climb of 1.2%, following Thursday's 1.5% loss.</p>\n<p>The global benchmark, August Brent crude , was up 35 cents, or 0.5%, at $73.43 a barrel on ICE Futures Europe. Brent was up 1% for the week.</p>\n<p>On Wednesday, WTI crude saw the highest front-month contract settlement since October 2018, while Brent ended that session at the highest since April 2019, but prices for both contracts fell sharply Thursday.</p>\n<p>\"We believe that the strength of the U.S. dollar, which has seen [the euro/U.S. dollar pair] plunge in a matter of days from over $1.21 to $1.19 now, is chiefly responsible for the price correction,\" said Eugen Weinberg, analyst at Commerzbank, in a note.</p>\n<p>A surging U.S. dollar was getting the blame for a selloff across most of commodity markets, including crude oil Thursday. The greenback moved sharply higher Wednesday and Thursday after a Federal Reserve meeting that saw policy makers pencil in two interest rate increases by the end of 2023 and begin discussing the eventual tapering of its monthly asset purchases.</p>\n<p>Read:Why the U.S. dollar is soaring -- and what's next -- after Fed's change in tone</p>\n<p>The ICE U.S. Dollar Index , a measure of the currency against a basket of six major rivals, was up 0.4% on Friday, headed for a 1.9% weekly gain, which it would be its strongest since September, according to FactSet. A stronger dollar can weigh on commodities priced in the currency, making them more expensive to users of other currencies.</p>\n<p>The selloff across commodities, meanwhile, also appeared to be part of a pullback by assets that had been buoyed by bets on a pickup in inflation. The Bloomberg Commodity Index, which tracks 23 commodities futures markets, was down 4.6% for the week, trimming its year-to-date gain to 16%. The weekly pullback was on track to be the largest since March 2020.</p>\n<p>\"The fact that several other commodities have also weakened means sentiment towards the sector has turned negative, hurting crude oil in the process,\" said Fawad Razaqzada, analyst at ThinkMarkets, in a note.</p>\n<p>Also on Nymex Friday, July gasoline tacked on 0.7% to $2.15 a gallon, with prices trading 1.7% lower for the week. July heating oil added 1.2% to $2.09 a gallon, trading 1.4% lower for the week.</p>\n<p>July natural gas , meanwhile, headed 0.3% lower to $3.24 per million British thermal units, trading down by 1.6% for the week.</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>Oil prices edge higher, look to shake off post-Fed 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\">\nOil prices edge higher, look to shake off post-Fed decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-18 22:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losses from a day earlier that were blamed on strength in the dollar, following a shift in tone by the Federal Reserve this week.</p>\n<p>\"Oil is trying to come to grips with the fact that the Federal Reserve might have to raise interest rates sooner than later, and that stalled the market ascent until they understand exactly what the Fed has in mind,\" Phil Flynn, senior market analyst at The Price Futures Group, told MarketWatch. \"But in the short term, that doesn't change the fact that we're going to see global oil inventories tighten dramatically in the coming weeks.\"</p>\n<p>Meanwhile, Iran held a presidential election Friday. The likelihood that the nation is may see a hardline candidate become the winner, \"probably reduces the odds that Iranian crude oil will come on the market anytime soon,\" said Flynn.</p>\n<p>Read:Why Iran's presidential election is the 'most important political milestone' of 2021 for the global oil market</p>\n<p>Indirect negotiations between the U.S. and Iran to revive the 2015 nuclear deal are ongoing and some analysts have said that a victory by a front-running hard-liner could slow negotiations.</p>\n<p>Energy traders will also keep an eye on the Gulf of Mexico to see if a storm system in the region forms into tropical storm Claudette and causes any problems, said Flynn. \"More than likely, it will shut in some production and delay imports and exports next week.\"</p>\n<p>West Texas Intermediate crude for July delivery rose 72 cents, or 1%, to $71.76 a barrel on the New York Mercantile Exchange, putting the U.S. benchmark on track for a weekly climb of 1.2%, following Thursday's 1.5% loss.</p>\n<p>The global benchmark, August Brent crude , was up 35 cents, or 0.5%, at $73.43 a barrel on ICE Futures Europe. Brent was up 1% for the week.</p>\n<p>On Wednesday, WTI crude saw the highest front-month contract settlement since October 2018, while Brent ended that session at the highest since April 2019, but prices for both contracts fell sharply Thursday.</p>\n<p>\"We believe that the strength of the U.S. dollar, which has seen [the euro/U.S. dollar pair] plunge in a matter of days from over $1.21 to $1.19 now, is chiefly responsible for the price correction,\" said Eugen Weinberg, analyst at Commerzbank, in a note.</p>\n<p>A surging U.S. dollar was getting the blame for a selloff across most of commodity markets, including crude oil Thursday. The greenback moved sharply higher Wednesday and Thursday after a Federal Reserve meeting that saw policy makers pencil in two interest rate increases by the end of 2023 and begin discussing the eventual tapering of its monthly asset purchases.</p>\n<p>Read:Why the U.S. dollar is soaring -- and what's next -- after Fed's change in tone</p>\n<p>The ICE U.S. Dollar Index , a measure of the currency against a basket of six major rivals, was up 0.4% on Friday, headed for a 1.9% weekly gain, which it would be its strongest since September, according to FactSet. A stronger dollar can weigh on commodities priced in the currency, making them more expensive to users of other currencies.</p>\n<p>The selloff across commodities, meanwhile, also appeared to be part of a pullback by assets that had been buoyed by bets on a pickup in inflation. The Bloomberg Commodity Index, which tracks 23 commodities futures markets, was down 4.6% for the week, trimming its year-to-date gain to 16%. The weekly pullback was on track to be the largest since March 2020.</p>\n<p>\"The fact that several other commodities have also weakened means sentiment towards the sector has turned negative, hurting crude oil in the process,\" said Fawad Razaqzada, analyst at ThinkMarkets, in a note.</p>\n<p>Also on Nymex Friday, July gasoline tacked on 0.7% to $2.15 a gallon, with prices trading 1.7% lower for the week. July heating oil added 1.2% to $2.09 a gallon, trading 1.4% lower for the week.</p>\n<p>July natural gas , meanwhile, headed 0.3% lower to $3.24 per million British thermal units, trading down by 1.6% for the week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144034771","content_text":"Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losses from a day earlier that were blamed on strength in the dollar, following a shift in tone by the Federal Reserve this week.\n\"Oil is trying to come to grips with the fact that the Federal Reserve might have to raise interest rates sooner than later, and that stalled the market ascent until they understand exactly what the Fed has in mind,\" Phil Flynn, senior market analyst at The Price Futures Group, told MarketWatch. \"But in the short term, that doesn't change the fact that we're going to see global oil inventories tighten dramatically in the coming weeks.\"\nMeanwhile, Iran held a presidential election Friday. The likelihood that the nation is may see a hardline candidate become the winner, \"probably reduces the odds that Iranian crude oil will come on the market anytime soon,\" said Flynn.\nRead:Why Iran's presidential election is the 'most important political milestone' of 2021 for the global oil market\nIndirect negotiations between the U.S. and Iran to revive the 2015 nuclear deal are ongoing and some analysts have said that a victory by a front-running hard-liner could slow negotiations.\nEnergy traders will also keep an eye on the Gulf of Mexico to see if a storm system in the region forms into tropical storm Claudette and causes any problems, said Flynn. \"More than likely, it will shut in some production and delay imports and exports next week.\"\nWest Texas Intermediate crude for July delivery rose 72 cents, or 1%, to $71.76 a barrel on the New York Mercantile Exchange, putting the U.S. benchmark on track for a weekly climb of 1.2%, following Thursday's 1.5% loss.\nThe global benchmark, August Brent crude , was up 35 cents, or 0.5%, at $73.43 a barrel on ICE Futures Europe. Brent was up 1% for the week.\nOn Wednesday, WTI crude saw the highest front-month contract settlement since October 2018, while Brent ended that session at the highest since April 2019, but prices for both contracts fell sharply Thursday.\n\"We believe that the strength of the U.S. dollar, which has seen [the euro/U.S. dollar pair] plunge in a matter of days from over $1.21 to $1.19 now, is chiefly responsible for the price correction,\" said Eugen Weinberg, analyst at Commerzbank, in a note.\nA surging U.S. dollar was getting the blame for a selloff across most of commodity markets, including crude oil Thursday. The greenback moved sharply higher Wednesday and Thursday after a Federal Reserve meeting that saw policy makers pencil in two interest rate increases by the end of 2023 and begin discussing the eventual tapering of its monthly asset purchases.\nRead:Why the U.S. dollar is soaring -- and what's next -- after Fed's change in tone\nThe ICE U.S. Dollar Index , a measure of the currency against a basket of six major rivals, was up 0.4% on Friday, headed for a 1.9% weekly gain, which it would be its strongest since September, according to FactSet. A stronger dollar can weigh on commodities priced in the currency, making them more expensive to users of other currencies.\nThe selloff across commodities, meanwhile, also appeared to be part of a pullback by assets that had been buoyed by bets on a pickup in inflation. The Bloomberg Commodity Index, which tracks 23 commodities futures markets, was down 4.6% for the week, trimming its year-to-date gain to 16%. The weekly pullback was on track to be the largest since March 2020.\n\"The fact that several other commodities have also weakened means sentiment towards the sector has turned negative, hurting crude oil in the process,\" said Fawad Razaqzada, analyst at ThinkMarkets, in a note.\nAlso on Nymex Friday, July gasoline tacked on 0.7% to $2.15 a gallon, with prices trading 1.7% lower for the week. July heating oil added 1.2% to $2.09 a gallon, trading 1.4% lower for the week.\nJuly natural gas , meanwhile, headed 0.3% lower to $3.24 per million British thermal units, trading down by 1.6% for the week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161644359,"gmtCreate":1623925378871,"gmtModify":1703823646737,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161644359","repostId":"2144710250","repostType":4,"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169449143,"gmtCreate":1623848926782,"gmtModify":1703821287660,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169449143","repostId":"2143179907","repostType":4,"repost":{"id":"2143179907","kind":"news","pubTimestamp":1623846480,"share":"https://ttm.financial/m/news/2143179907?lang=&edition=fundamental","pubTime":"2021-06-16 20:28","market":"us","language":"en","title":"U.S. buys another 200 million doses of Moderna's COVID-19 vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=2143179907","media":"StreetInsider","summary":"(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of","content":"<p>(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of its authorized COVID-19 shot, including the option to purchase other coronavirus vaccine candidates from the company's pipeline.</p>\n<p>The United States has now ordered a total of 500 million Moderna vaccine doses to date, with 110 million set for delivery in the fourth quarter and 90 million to be delivered in the first quarter of 2022.</p>\n<p>Moderna, which has supplied 217 million doses of its shot to the U.S. government as of Monday, said the additional doses were bought to ensure continuous supply through the first quarter of next year.</p>\n<p>More than 129 million doses of Moderna's vaccine have so far been administered in the United States, according to the latest data from the Centers for Disease Control and Prevention.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. buys another 200 million doses of Moderna's COVID-19 vaccine</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; 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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\">\nU.S. buys another 200 million doses of Moderna's COVID-19 vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18566159><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of its authorized COVID-19 shot, including the option to purchase other coronavirus vaccine candidates...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18566159\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=18566159","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143179907","content_text":"(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of its authorized COVID-19 shot, including the option to purchase other coronavirus vaccine candidates from the company's pipeline.\nThe United States has now ordered a total of 500 million Moderna vaccine doses to date, with 110 million set for delivery in the fourth quarter and 90 million to be delivered in the first quarter of 2022.\nModerna, which has supplied 217 million doses of its shot to the U.S. government as of Monday, said the additional doses were bought to ensure continuous supply through the first quarter of next year.\nMore than 129 million doses of Moderna's vaccine have so far been administered in the United States, according to the latest data from the Centers for Disease Control and Prevention.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":801481317,"gmtCreate":1627527982539,"gmtModify":1703491741524,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":128,"repostSize":0,"link":"https://ttm.financial/post/801481317","repostId":"2154092640","repostType":4,"repost":{"id":"2154092640","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627525166,"share":"https://ttm.financial/m/news/2154092640?lang=&edition=fundamental","pubTime":"2021-07-29 10:19","market":"us","language":"en","title":"EV charging firm Allego to go public via Apollo-backed blank-check deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2154092640","media":"Reuters","summary":"July 28 (Reuters) - European electric vehicle charging company Allego will go public through a merge","content":"<p>July 28 (Reuters) - European electric vehicle charging company Allego will go public through a merger with a blank-check firm backed by private equity giant Apollo Global Inc , in a deal valuing the equity of the combined company at $3.14 billion.</p>\n<p>The deal with Spartan Acquisition Corp III announced on Wednesday will generate proceeds of $702 million, with $150 million coming from a private investment in public equity (PIPE) transaction.</p>\n<p>Investors in the PIPE deal include British investor Ian Osborne's Hedosophia, funds and accounts managed by private equity firm ECP, EV company Fisker Inc and affiliates of Apollo.</p>\n<p>The funds will used to execute the combined entity's expansion plans, Allego said.</p>\n<p>Founded in 2013, Allego was acquired by asset manager and global investor Meridiam in 2018. It has deployed more than 26,000 charging ports across 12 European countries.</p>\n<p>Demand for companies in the EV space has surged in recent years, fueled in part by a green push globally. <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a></p>\n<p>started trading on the Nasdaq earlier this week after completing its $24 billion merger with a blank-check company backed by Wall Street dealmaker Michael Klein.</p>\n<p>Blank-check vehicles, or special purpose acquisition companies, use the capital they raise through their initial public offerings to buy and merge with a private company, in a deal that then takes it public.</p>\n<p>Allego will be listed on the New York Stock Exchange under the ticker symbol \"ALLG.\"</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>EV charging firm Allego to go public via Apollo-backed blank-check deal</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\">\nEV charging firm Allego to go public via Apollo-backed blank-check deal\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\">2021-07-29 10:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 28 (Reuters) - European electric vehicle charging company Allego will go public through a merger with a blank-check firm backed by private equity giant Apollo Global Inc , in a deal valuing the equity of the combined company at $3.14 billion.</p>\n<p>The deal with Spartan Acquisition Corp III announced on Wednesday will generate proceeds of $702 million, with $150 million coming from a private investment in public equity (PIPE) transaction.</p>\n<p>Investors in the PIPE deal include British investor Ian Osborne's Hedosophia, funds and accounts managed by private equity firm ECP, EV company Fisker Inc and affiliates of Apollo.</p>\n<p>The funds will used to execute the combined entity's expansion plans, Allego said.</p>\n<p>Founded in 2013, Allego was acquired by asset manager and global investor Meridiam in 2018. It has deployed more than 26,000 charging ports across 12 European countries.</p>\n<p>Demand for companies in the EV space has surged in recent years, fueled in part by a green push globally. <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a></p>\n<p>started trading on the Nasdaq earlier this week after completing its $24 billion merger with a blank-check company backed by Wall Street dealmaker Michael Klein.</p>\n<p>Blank-check vehicles, or special purpose acquisition companies, use the capital they raise through their initial public offerings to buy and merge with a private company, in a deal that then takes it public.</p>\n<p>Allego will be listed on the New York Stock Exchange under the ticker symbol \"ALLG.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPAQ":"HORIZON KINETICS SPAC ACTIVE ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154092640","content_text":"July 28 (Reuters) - European electric vehicle charging company Allego will go public through a merger with a blank-check firm backed by private equity giant Apollo Global Inc , in a deal valuing the equity of the combined company at $3.14 billion.\nThe deal with Spartan Acquisition Corp III announced on Wednesday will generate proceeds of $702 million, with $150 million coming from a private investment in public equity (PIPE) transaction.\nInvestors in the PIPE deal include British investor Ian Osborne's Hedosophia, funds and accounts managed by private equity firm ECP, EV company Fisker Inc and affiliates of Apollo.\nThe funds will used to execute the combined entity's expansion plans, Allego said.\nFounded in 2013, Allego was acquired by asset manager and global investor Meridiam in 2018. It has deployed more than 26,000 charging ports across 12 European countries.\nDemand for companies in the EV space has surged in recent years, fueled in part by a green push globally. Lucid Group Inc\nstarted trading on the Nasdaq earlier this week after completing its $24 billion merger with a blank-check company backed by Wall Street dealmaker Michael Klein.\nBlank-check vehicles, or special purpose acquisition companies, use the capital they raise through their initial public offerings to buy and merge with a private company, in a deal that then takes it public.\nAllego will be listed on the New York Stock Exchange under the ticker symbol \"ALLG.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162300216,"gmtCreate":1624033108135,"gmtModify":1703827300146,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":44,"repostSize":0,"link":"https://ttm.financial/post/162300216","repostId":"2144034771","repostType":4,"repost":{"id":"2144034771","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624026060,"share":"https://ttm.financial/m/news/2144034771?lang=&edition=fundamental","pubTime":"2021-06-18 22:21","market":"fut","language":"en","title":"Oil prices edge higher, look to shake off post-Fed decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2144034771","media":"Dow Jones","summary":"Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losse","content":"<p>Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losses from a day earlier that were blamed on strength in the dollar, following a shift in tone by the Federal Reserve this week.</p>\n<p>\"Oil is trying to come to grips with the fact that the Federal Reserve might have to raise interest rates sooner than later, and that stalled the market ascent until they understand exactly what the Fed has in mind,\" Phil Flynn, senior market analyst at The Price Futures Group, told MarketWatch. \"But in the short term, that doesn't change the fact that we're going to see global oil inventories tighten dramatically in the coming weeks.\"</p>\n<p>Meanwhile, Iran held a presidential election Friday. The likelihood that the nation is may see a hardline candidate become the winner, \"probably reduces the odds that Iranian crude oil will come on the market anytime soon,\" said Flynn.</p>\n<p>Read:Why Iran's presidential election is the 'most important political milestone' of 2021 for the global oil market</p>\n<p>Indirect negotiations between the U.S. and Iran to revive the 2015 nuclear deal are ongoing and some analysts have said that a victory by a front-running hard-liner could slow negotiations.</p>\n<p>Energy traders will also keep an eye on the Gulf of Mexico to see if a storm system in the region forms into tropical storm Claudette and causes any problems, said Flynn. \"More than likely, it will shut in some production and delay imports and exports next week.\"</p>\n<p>West Texas Intermediate crude for July delivery rose 72 cents, or 1%, to $71.76 a barrel on the New York Mercantile Exchange, putting the U.S. benchmark on track for a weekly climb of 1.2%, following Thursday's 1.5% loss.</p>\n<p>The global benchmark, August Brent crude , was up 35 cents, or 0.5%, at $73.43 a barrel on ICE Futures Europe. Brent was up 1% for the week.</p>\n<p>On Wednesday, WTI crude saw the highest front-month contract settlement since October 2018, while Brent ended that session at the highest since April 2019, but prices for both contracts fell sharply Thursday.</p>\n<p>\"We believe that the strength of the U.S. dollar, which has seen [the euro/U.S. dollar pair] plunge in a matter of days from over $1.21 to $1.19 now, is chiefly responsible for the price correction,\" said Eugen Weinberg, analyst at Commerzbank, in a note.</p>\n<p>A surging U.S. dollar was getting the blame for a selloff across most of commodity markets, including crude oil Thursday. The greenback moved sharply higher Wednesday and Thursday after a Federal Reserve meeting that saw policy makers pencil in two interest rate increases by the end of 2023 and begin discussing the eventual tapering of its monthly asset purchases.</p>\n<p>Read:Why the U.S. dollar is soaring -- and what's next -- after Fed's change in tone</p>\n<p>The ICE U.S. Dollar Index , a measure of the currency against a basket of six major rivals, was up 0.4% on Friday, headed for a 1.9% weekly gain, which it would be its strongest since September, according to FactSet. A stronger dollar can weigh on commodities priced in the currency, making them more expensive to users of other currencies.</p>\n<p>The selloff across commodities, meanwhile, also appeared to be part of a pullback by assets that had been buoyed by bets on a pickup in inflation. The Bloomberg Commodity Index, which tracks 23 commodities futures markets, was down 4.6% for the week, trimming its year-to-date gain to 16%. The weekly pullback was on track to be the largest since March 2020.</p>\n<p>\"The fact that several other commodities have also weakened means sentiment towards the sector has turned negative, hurting crude oil in the process,\" said Fawad Razaqzada, analyst at ThinkMarkets, in a note.</p>\n<p>Also on Nymex Friday, July gasoline tacked on 0.7% to $2.15 a gallon, with prices trading 1.7% lower for the week. July heating oil added 1.2% to $2.09 a gallon, trading 1.4% lower for the week.</p>\n<p>July natural gas , meanwhile, headed 0.3% lower to $3.24 per million British thermal units, trading down by 1.6% for the week.</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>Oil prices edge higher, look to shake off post-Fed 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\">\nOil prices edge higher, look to shake off post-Fed decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-18 22:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losses from a day earlier that were blamed on strength in the dollar, following a shift in tone by the Federal Reserve this week.</p>\n<p>\"Oil is trying to come to grips with the fact that the Federal Reserve might have to raise interest rates sooner than later, and that stalled the market ascent until they understand exactly what the Fed has in mind,\" Phil Flynn, senior market analyst at The Price Futures Group, told MarketWatch. \"But in the short term, that doesn't change the fact that we're going to see global oil inventories tighten dramatically in the coming weeks.\"</p>\n<p>Meanwhile, Iran held a presidential election Friday. The likelihood that the nation is may see a hardline candidate become the winner, \"probably reduces the odds that Iranian crude oil will come on the market anytime soon,\" said Flynn.</p>\n<p>Read:Why Iran's presidential election is the 'most important political milestone' of 2021 for the global oil market</p>\n<p>Indirect negotiations between the U.S. and Iran to revive the 2015 nuclear deal are ongoing and some analysts have said that a victory by a front-running hard-liner could slow negotiations.</p>\n<p>Energy traders will also keep an eye on the Gulf of Mexico to see if a storm system in the region forms into tropical storm Claudette and causes any problems, said Flynn. \"More than likely, it will shut in some production and delay imports and exports next week.\"</p>\n<p>West Texas Intermediate crude for July delivery rose 72 cents, or 1%, to $71.76 a barrel on the New York Mercantile Exchange, putting the U.S. benchmark on track for a weekly climb of 1.2%, following Thursday's 1.5% loss.</p>\n<p>The global benchmark, August Brent crude , was up 35 cents, or 0.5%, at $73.43 a barrel on ICE Futures Europe. Brent was up 1% for the week.</p>\n<p>On Wednesday, WTI crude saw the highest front-month contract settlement since October 2018, while Brent ended that session at the highest since April 2019, but prices for both contracts fell sharply Thursday.</p>\n<p>\"We believe that the strength of the U.S. dollar, which has seen [the euro/U.S. dollar pair] plunge in a matter of days from over $1.21 to $1.19 now, is chiefly responsible for the price correction,\" said Eugen Weinberg, analyst at Commerzbank, in a note.</p>\n<p>A surging U.S. dollar was getting the blame for a selloff across most of commodity markets, including crude oil Thursday. The greenback moved sharply higher Wednesday and Thursday after a Federal Reserve meeting that saw policy makers pencil in two interest rate increases by the end of 2023 and begin discussing the eventual tapering of its monthly asset purchases.</p>\n<p>Read:Why the U.S. dollar is soaring -- and what's next -- after Fed's change in tone</p>\n<p>The ICE U.S. Dollar Index , a measure of the currency against a basket of six major rivals, was up 0.4% on Friday, headed for a 1.9% weekly gain, which it would be its strongest since September, according to FactSet. A stronger dollar can weigh on commodities priced in the currency, making them more expensive to users of other currencies.</p>\n<p>The selloff across commodities, meanwhile, also appeared to be part of a pullback by assets that had been buoyed by bets on a pickup in inflation. The Bloomberg Commodity Index, which tracks 23 commodities futures markets, was down 4.6% for the week, trimming its year-to-date gain to 16%. The weekly pullback was on track to be the largest since March 2020.</p>\n<p>\"The fact that several other commodities have also weakened means sentiment towards the sector has turned negative, hurting crude oil in the process,\" said Fawad Razaqzada, analyst at ThinkMarkets, in a note.</p>\n<p>Also on Nymex Friday, July gasoline tacked on 0.7% to $2.15 a gallon, with prices trading 1.7% lower for the week. July heating oil added 1.2% to $2.09 a gallon, trading 1.4% lower for the week.</p>\n<p>July natural gas , meanwhile, headed 0.3% lower to $3.24 per million British thermal units, trading down by 1.6% for the week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144034771","content_text":"Oil futures climbed on Friday to turn higher for the week, with prices looking to recoup sharp losses from a day earlier that were blamed on strength in the dollar, following a shift in tone by the Federal Reserve this week.\n\"Oil is trying to come to grips with the fact that the Federal Reserve might have to raise interest rates sooner than later, and that stalled the market ascent until they understand exactly what the Fed has in mind,\" Phil Flynn, senior market analyst at The Price Futures Group, told MarketWatch. \"But in the short term, that doesn't change the fact that we're going to see global oil inventories tighten dramatically in the coming weeks.\"\nMeanwhile, Iran held a presidential election Friday. The likelihood that the nation is may see a hardline candidate become the winner, \"probably reduces the odds that Iranian crude oil will come on the market anytime soon,\" said Flynn.\nRead:Why Iran's presidential election is the 'most important political milestone' of 2021 for the global oil market\nIndirect negotiations between the U.S. and Iran to revive the 2015 nuclear deal are ongoing and some analysts have said that a victory by a front-running hard-liner could slow negotiations.\nEnergy traders will also keep an eye on the Gulf of Mexico to see if a storm system in the region forms into tropical storm Claudette and causes any problems, said Flynn. \"More than likely, it will shut in some production and delay imports and exports next week.\"\nWest Texas Intermediate crude for July delivery rose 72 cents, or 1%, to $71.76 a barrel on the New York Mercantile Exchange, putting the U.S. benchmark on track for a weekly climb of 1.2%, following Thursday's 1.5% loss.\nThe global benchmark, August Brent crude , was up 35 cents, or 0.5%, at $73.43 a barrel on ICE Futures Europe. Brent was up 1% for the week.\nOn Wednesday, WTI crude saw the highest front-month contract settlement since October 2018, while Brent ended that session at the highest since April 2019, but prices for both contracts fell sharply Thursday.\n\"We believe that the strength of the U.S. dollar, which has seen [the euro/U.S. dollar pair] plunge in a matter of days from over $1.21 to $1.19 now, is chiefly responsible for the price correction,\" said Eugen Weinberg, analyst at Commerzbank, in a note.\nA surging U.S. dollar was getting the blame for a selloff across most of commodity markets, including crude oil Thursday. The greenback moved sharply higher Wednesday and Thursday after a Federal Reserve meeting that saw policy makers pencil in two interest rate increases by the end of 2023 and begin discussing the eventual tapering of its monthly asset purchases.\nRead:Why the U.S. dollar is soaring -- and what's next -- after Fed's change in tone\nThe ICE U.S. Dollar Index , a measure of the currency against a basket of six major rivals, was up 0.4% on Friday, headed for a 1.9% weekly gain, which it would be its strongest since September, according to FactSet. A stronger dollar can weigh on commodities priced in the currency, making them more expensive to users of other currencies.\nThe selloff across commodities, meanwhile, also appeared to be part of a pullback by assets that had been buoyed by bets on a pickup in inflation. The Bloomberg Commodity Index, which tracks 23 commodities futures markets, was down 4.6% for the week, trimming its year-to-date gain to 16%. The weekly pullback was on track to be the largest since March 2020.\n\"The fact that several other commodities have also weakened means sentiment towards the sector has turned negative, hurting crude oil in the process,\" said Fawad Razaqzada, analyst at ThinkMarkets, in a note.\nAlso on Nymex Friday, July gasoline tacked on 0.7% to $2.15 a gallon, with prices trading 1.7% lower for the week. July heating oil added 1.2% to $2.09 a gallon, trading 1.4% lower for the week.\nJuly natural gas , meanwhile, headed 0.3% lower to $3.24 per million British thermal units, trading down by 1.6% for the week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146197121,"gmtCreate":1626057585363,"gmtModify":1703752509121,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":25,"repostSize":0,"link":"https://ttm.financial/post/146197121","repostId":"1129204116","repostType":4,"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141582932,"gmtCreate":1625880512726,"gmtModify":1703750300729,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/141582932","repostId":"1126588086","repostType":4,"repost":{"id":"1126588086","kind":"news","pubTimestamp":1625843443,"share":"https://ttm.financial/m/news/1126588086?lang=&edition=fundamental","pubTime":"2021-07-09 23:10","market":"us","language":"en","title":"On Wall Street, Slow Is the Way to Go - Just Ask a Real Trader","url":"https://stock-news.laohu8.com/highlight/detail?id=1126588086","media":"Thestreet","summary":"With the meme stock revolution, low trading commissions and pandemic-related downtime, among other m","content":"<p>With the meme stock revolution, low trading commissions and pandemic-related downtime, among other market drivers, there’s a slew of new stock traders circulating these days. Like any influx of new participants to a larger marketplace (such as an increase in gamblers due to online waging or gig workers in a dynamic labor force), fledgling investors can have a big impact on the stock market.</p>\n<p>That doesn’t make them real traders, at least not yet, says Real Money contributor James “Rev Shark” DePorre.</p>\n<p>He writes: “It’s very easy for individuals with small amounts of money to trade stocks these days.</p>\n<p>“Yet many of the folks recently attracted to trading view it as just a form of gambling similar to sports betting. They rely primarily on luck, which can work well in the right environment, but it never lasts long. The great likelihood is that they will eventually give up or be wiped out as soon as the market goes through a deep corrective cycle.</p>\n<p>Some of these new market participants will evolve and become 'real' traders. They will learn a skill that will serve them well for the rest of their lives. They will eventually understand that trading can be so lucrative because it is hard to do, but persistence and effort pay off over time.”</p>\n<p>Real traders also succeed in boosting their account values on a regular basis, primarily by hitting a lot of singles and doubles, and avoiding swinging for the fences.</p>\n<p>Some new traders did profit from the GameStop&nbsp;(<b>GME</b>)&nbsp;and AMC Entertainment&nbsp;(<b>AMC</b>)&nbsp;sagas. But those who kept pushing the short squeeze strategy and hoping it would work by sheer luck soon found their market accounts empty and their experience trading on Wall Street a disappointing, or even devastating one. That, DePorre said, is highly unlikely to happen to a real stock trader.</p>\n<p>What experienced traders spend most of their time and effort on is managing their trades and controlling risk, he says. “One of the hardest things to do in trading is to build substantial positions at the right time.”</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>On Wall Street, Slow Is the Way to Go - Just Ask a Real Trader</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\">\nOn Wall Street, Slow Is the Way to Go - Just Ask a Real Trader\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/wall-street-slow-is-the-way-to-go-just-ask-real-trader><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the meme stock revolution, low trading commissions and pandemic-related downtime, among other market drivers, there’s a slew of new stock traders circulating these days. Like any influx of new ...</p>\n\n<a href=\"https://www.thestreet.com/investing/wall-street-slow-is-the-way-to-go-just-ask-real-trader\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.thestreet.com/investing/wall-street-slow-is-the-way-to-go-just-ask-real-trader","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126588086","content_text":"With the meme stock revolution, low trading commissions and pandemic-related downtime, among other market drivers, there’s a slew of new stock traders circulating these days. Like any influx of new participants to a larger marketplace (such as an increase in gamblers due to online waging or gig workers in a dynamic labor force), fledgling investors can have a big impact on the stock market.\nThat doesn’t make them real traders, at least not yet, says Real Money contributor James “Rev Shark” DePorre.\nHe writes: “It’s very easy for individuals with small amounts of money to trade stocks these days.\n“Yet many of the folks recently attracted to trading view it as just a form of gambling similar to sports betting. They rely primarily on luck, which can work well in the right environment, but it never lasts long. The great likelihood is that they will eventually give up or be wiped out as soon as the market goes through a deep corrective cycle.\nSome of these new market participants will evolve and become 'real' traders. They will learn a skill that will serve them well for the rest of their lives. They will eventually understand that trading can be so lucrative because it is hard to do, but persistence and effort pay off over time.”\nReal traders also succeed in boosting their account values on a regular basis, primarily by hitting a lot of singles and doubles, and avoiding swinging for the fences.\nSome new traders did profit from the GameStop (GME) and AMC Entertainment (AMC) sagas. But those who kept pushing the short squeeze strategy and hoping it would work by sheer luck soon found their market accounts empty and their experience trading on Wall Street a disappointing, or even devastating one. That, DePorre said, is highly unlikely to happen to a real stock trader.\nWhat experienced traders spend most of their time and effort on is managing their trades and controlling risk, he says. “One of the hardest things to do in trading is to build substantial positions at the right time.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154577138,"gmtCreate":1625536754224,"gmtModify":1703743235281,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154577138","repostId":"1139574200","repostType":4,"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124172378,"gmtCreate":1624756468394,"gmtModify":1703844436887,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124172378","repostId":"1162379867","repostType":4,"repost":{"id":"1162379867","kind":"news","pubTimestamp":1624667602,"share":"https://ttm.financial/m/news/1162379867?lang=&edition=fundamental","pubTime":"2021-06-26 08:33","market":"us","language":"en","title":"Biden infrastructure plan means upside for two materials stocks, Jefferies says","url":"https://stock-news.laohu8.com/highlight/detail?id=1162379867","media":"CNBC","summary":"An infrastructure agreement between the Biden administration and a bipartisan group of senators repr","content":"<div>\n<p>An infrastructure agreement between the Biden administration and a bipartisan group of senators represents a “big step forward” and a positive for two materials companies, according to Jefferies.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden infrastructure plan means upside for two materials stocks, Jefferies says</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\">\nBiden infrastructure plan means upside for two materials stocks, Jefferies says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An infrastructure agreement between the Biden administration and a bipartisan group of senators represents a “big step forward” and a positive for two materials companies, according to Jefferies.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VMC":"火神材料","MLM":"马丁-玛丽埃塔材料"},"source_url":"https://www.cnbc.com/2021/06/25/biden-infrastructure-plan-means-upside-for-two-materials-stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1162379867","content_text":"An infrastructure agreement between the Biden administration and a bipartisan group of senators represents a “big step forward” and a positive for two materials companies, according to Jefferies.\nGravel supplier Martin Marietta Materials and cement makerVulcan Materialsshould each see a pickup in sales if some version of a physical infrastructure bill is passed, analyst Philip Ng said on Friday.\nJefferies upgraded both stocks to buy ratings and hiked its price targets on both materials firms.\nWith the market wary about “peak earnings for cyclicals, we believe MLM & VMC are positioned to outperform from a potential infrastructure bill & recovery in” nonresidential construction, Ng wrote in a note.\nAfter weeks of negotiation, the White House and a centrist group of senators announced Thursday that they agreed upon a policy framework for a physical infrastructure bill.\nThe plan would spend $973 billion over five years, and $1.2 trillion if continued over eight years, on a package that would fund improvements to roads, bridges, and airports, as well as bolstered construction for waterways, electric vehicles and broadband.\n\nWhile the details of the plan are subject to change, early estimates of the infrastructure bill’s spending include a $109 billion increase for roads and bridges. That kind of expenditure, spread over five to eight years, could increase materials industry demand by 5% to 8% annually over that time period, Jefferies said.\nAnalyst Ng added that the equity of Vulcan and Martin Marietta looks especially attractive relative to other materials companies given their exposure to nonresidential construction.\nThe nonresidential industry “is showing green shoots, with MLM noting bidding activity & pricing inquiries for light commercial were picking up,” he wrote. “With 34-40% of MLM & VMC’s sales in nonres, they have great leverage to a recovery in commercial and could provide upside in 2H21 / 2022.”\nBoth stocks have already posted strong returns for 2021 as the U.S. economy climbs its way out of the Covid-19 pandemic: Vulcan is up 19.3% and Martin Marietta has gained 26.7% since January.\nStill, Jefferies sees more upside ahead with a price target of $424 a share for Martin Marietta and $207 a share for Vulcan. Those two price targets imply upside of 18% for each stock from Thursday’s close.\nVulcan was last seen up 0.97%, while Martin Marietta added 0.1% on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122086303,"gmtCreate":1624588187302,"gmtModify":1703841104235,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122086303","repostId":"1161354721","repostType":4,"repost":{"id":"1161354721","kind":"news","pubTimestamp":1624580580,"share":"https://ttm.financial/m/news/1161354721?lang=&edition=fundamental","pubTime":"2021-06-25 08:23","market":"us","language":"en","title":"Federal Reserve gives U.S. banks a thumbs-up as all 23 lenders easily pass 2021 stress test","url":"https://stock-news.laohu8.com/highlight/detail?id=1161354721","media":"CNBC","summary":"The Federal Reserve announced Thursday that the biggest U.S. banks could easily withstand a severe r","content":"<div>\n<p>The Federal Reserve announced Thursday that the biggest U.S. banks could easily withstand a severe recession, a milestone for the once-beleaguered industry.\nThe Fed, in releasing the results of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/federal-reserve-gives-us-banks-a-thumbs-up-as-all-23-lenders-easily-pass-2021-stress-test.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federal Reserve gives U.S. banks a thumbs-up as all 23 lenders easily pass 2021 stress test</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\">\nFederal Reserve gives U.S. banks a thumbs-up as all 23 lenders easily pass 2021 stress test\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/24/federal-reserve-gives-us-banks-a-thumbs-up-as-all-23-lenders-easily-pass-2021-stress-test.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve announced Thursday that the biggest U.S. banks could easily withstand a severe recession, a milestone for the once-beleaguered industry.\nThe Fed, in releasing the results of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/federal-reserve-gives-us-banks-a-thumbs-up-as-all-23-lenders-easily-pass-2021-stress-test.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","WFC":"富国银行","BAC":"美国银行"},"source_url":"https://www.cnbc.com/2021/06/24/federal-reserve-gives-us-banks-a-thumbs-up-as-all-23-lenders-easily-pass-2021-stress-test.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1161354721","content_text":"The Federal Reserve announced Thursday that the biggest U.S. banks could easily withstand a severe recession, a milestone for the once-beleaguered industry.\nThe Fed, in releasing the results of its annual stress test, said all 23 institutions in the 2021 exam remained \"well above\" minimum required capital levels during a hypothetical economic downturn. Bank shares popped after the release; theKBW BankIndex rose 1.5% at 5 p.m.\nThat scenario included a \"severe global recession\" that hits commercial real estate and corporate debt holders and peaks at 10.8% unemployment and a 55% drop in the stock market, the central bank said. While the industry would post $474 billion in losses, loss-cushioning capital would still be more than double the minimum required levels, the Fed said.\nIf there was an anticlimactic note to this year's stress test, it's because the industry underwent areal-life versionin the past year when thecoronavirus pandemicstruck, leading to widespread economic disruption. Thanks to help from lawmakers and the Fed itself, banks faredextremely wellduring the crisis, stockpiling capital for expected loan losses that mostly didn't materialize.\nNevertheless, during the pandemic, banks had to undergo extra rounds of stress tests and hadrestrictionsimposed on their ability to return capital to shareholders in the form of dividends and buybacks. Those will now be lifted, as the Fed has previously stated.\n\"Over the past year, the Federal Reserve has run three stress tests with several different hypothetical recessions and all have confirmed that the banking system is strongly positioned to support the ongoing recovery,\" Vice Chair for Supervision Randal K. Quarles said in a statement.\nDividend increases and buybacks coming\nFollowing the passage of this latest exam, the industry will regain a measure of autonomy it lost since the last crisis. After playing a key role in the 2008 financial crisis, banks were forced to undergo the industry exam, and had to ask regulators for permission to boost dividends and repurchase shares.\nNow, under something called thestress capital bufferframework, banks will gain flexibility in how they want to dole out dividends and buybacks. The stress capital buffer is a measure of capital each firm needs to carry based on the riskiness of their operations. The new regime was supposed to start last year, but the pandemic intervened.\n\"So long as they stay above that stress capital buffer requirement and all their other requirements every quarter, a bank can technically do whatever it chooses to do with regards to buybacks and dividends,\" Jefferies bank analyst Ken Usdin told CNBC this week.\nDuring a background call with reporters, senior Fed officials pushed back against the idea that the new regime resulted in a free-for-all. Banks are still subject to restrictions, and the Fed is confident that the stress capital buffer framework will protect their ability to support the economy during a downturn, they said.\nWhile analysts have said they expect the industry can hike buybacks and dividends by tens of billions of dollars starting in July, the Fed has instructed lenders to wait until Monday afternoon to disclose their plans, according to people with knowledge of the situation. That's when a flurry of press releases is expected.","news_type":1},"isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152838038,"gmtCreate":1625279826324,"gmtModify":1703739869590,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152838038","repostId":"1146176335","repostType":4,"repost":{"id":"1146176335","kind":"news","pubTimestamp":1625277627,"share":"https://ttm.financial/m/news/1146176335?lang=&edition=fundamental","pubTime":"2021-07-03 10:00","market":"us","language":"en","title":"Can Alibaba Turn Around Its Woes in the Second Half of 2021?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146176335","media":"The Street","summary":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba  -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve","content":"<blockquote>\n Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n</blockquote>\n<p>Alibaba&nbsp;(<b>BABA</b>) -Get Report&nbsp;has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.</p>\n<p>Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.</p>\n<p>Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.</p>\n<p>However, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.</p>\n<p>All of this comes as the S&amp;P 500 and Nasdaq continue to grind outnew all-time highs.</p>\n<p>It also comes as FAANG stocks continue to trade incredibly well. Alphabet&nbsp;(<b>GOOGL</b>) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix&nbsp;(<b>NFLX</b>) -Get Report&nbsp;is the worst, with a 2.3% drop.</p>\n<p>Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.</p>\n<p>Can it turn around its woes in the second half and start rallying higher?</p>\n<p><img src=\"https://static.tigerbbs.com/9975f383919ff8cfc34fca49a32d8e8f\" tg-width=\"700\" tg-height=\"494\"></p>\n<p>Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.</p>\n<p>The overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon&nbsp;(<b>AMZN</b>) -Get Report.Eventually, it will perform better&nbsp;- it’s a question of “when” and not “if.”</p>\n<p>Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.</p>\n<p>Specifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.</p>\n<p>Let’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.</p>\n<p>However, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.</p>\n<p>A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.</p>\n<p>Keep the risk in mind but this could be a solid second-half rebound play.</p>","source":"lsy1610613172068","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>Can Alibaba Turn Around Its Woes in the Second Half of 2021?</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\">\nCan Alibaba Turn Around Its Woes in the Second Half of 2021?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were ...</p>\n\n<a href=\"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09618":"京东集团-SW"},"source_url":"https://www.thestreet.com/investing/alibaba-baba-stock-second-half-2021-trading?puc=yahoo&cm_ven=YAHOO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146176335","content_text":"Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?\n\nAlibaba (BABA) -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.\nRegulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.\nInvestors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.\nHowever, in April, Alibaba paid a smaller-than-expectedbut still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.\nAll of this comes as the S&P 500 and Nasdaq continue to grind outnew all-time highs.\nIt also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) -Get Reportis the top performerwith a near-40% gain in the first half of the year, while Netflix (NFLX) -Get Report is the worst, with a 2.3% drop.\nAlibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.\nCan it turn around its woes in the second half and start rallying higher?\n\nCall me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.\nThe overall market has done too well and so has large-cap tech. The fundamentals of the business are intact and growth is strong. It’s like Amazon (AMZN) -Get Report.Eventually, it will perform better - it’s a question of “when” and not “if.”\nShares continue to hold the $210 to $212 area and have recently cleared downtrend resistance (blue line). That said, there’s plenty of overhead hurdles.\nSpecifically, Alibaba stock is struggling with the 21-week moving average, as well as the 21-month and 10-month moving averages.\nLet’s be clear: There are not a lot of bullish technical components here. If Alibaba stock could hold the 10-week moving average on this week’s dip, I’d feel better about it.\nHowever, as long as it can hold up over the $210 level and really, the 200-week moving average, I feel okay about Alibaba going into the next six months.\nA push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.\nKeep the risk in mind but this could be a solid second-half rebound play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121184687,"gmtCreate":1624456788049,"gmtModify":1703837281500,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121184687","repostId":"1165465805","repostType":4,"repost":{"id":"1165465805","kind":"news","pubTimestamp":1624456440,"share":"https://ttm.financial/m/news/1165465805?lang=&edition=fundamental","pubTime":"2021-06-23 21:54","market":"us","language":"en","title":"US Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High","url":"https://stock-news.laohu8.com/highlight/detail?id=1165465805","media":"zerohedge","summary":"Despite the serial disappointment in hard economic data, 'soft' survey data has continued to soar in","content":"<p>Despite the serial disappointment in hard economic data, 'soft' survey data has continued to soar in 2021 but analysts expected today's Markit PMIs to retrace some of those gains. However, reality was notably different with<b>Manufacturing jumping more than expected as Services plunged</b>...</p>\n<ul>\n <li><b>Markit US Manufacturing rose to 62.6</b>(from 62.1) beating expectations of 61.5.</li>\n <li><b>Markit US Services plunged to 64.8</b>(from 70.4) hugely missing expectations of 70.0.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/35b0c420f75ee5896e70db8e0021e0b5\" tg-width=\"500\" tg-height=\"273\" referrerpolicy=\"no-referrer\"><i>Source: Bloomberg</i></p>\n<p>That is the<b>lowest reading since March for Services</b>and highest reading ever for Manufacturing.</p>\n<p><img src=\"https://static.tigerbbs.com/51111068502f0b7011947e68d4fcef9e\" tg-width=\"500\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><b>Employment issues remained prevalent</b>during June, as numerous panellists mentioned difficulties finding suitably trained candidates for current vacancies.</p>\n<p><b>Price pressures also remained elevated in June.</b>The rate of input price inflation softened slightly but was the second-fastest on record. Manufacturers continued to note rapid increases in raw material and fuel costs, whilst service providers highlighted higher wage bills to attract workers plus greater transportation fees and fuel costs.</p>\n<p>US continues to be the world's \"strongest\" economy based on these soft surveys, even as the US Composite PMI dropped to 63.9...</p>\n<p><img src=\"https://static.tigerbbs.com/84f14abd854febbd1482ff2bb17c56f6\" tg-width=\"500\" tg-height=\"272\" referrerpolicy=\"no-referrer\"><i>Source: Bloomberg</i></p>\n<p>Commenting on the PMI data, Chris Williamson,Chief Business Economist at IHS Markit, said:</p>\n<blockquote>\n “The early PMI indicators point to further impressive growth of the US economy in June, rounding off an unprecedented growth spurt over the second quarter as a whole.\n</blockquote>\n<blockquote>\n “While both output growth and inflows of new orders have come off their peaks in both manufacturing and services, this is as much due to capacity constraints limiting firms’ abilities to cope with demand rather than any cooling of the economy.\n</blockquote>\n<blockquote>\n “Although price gauges have also slipped from May’s all-time highs, it’s clear that the economy continues to run very hot. Prices charged for goods and services are still rising very sharply,\n <b>record supply shortages are getting worse rather than better, firms are fighting to fill vacancies and manufacturers’ warehouse stocks are being depleted at a worrying rate as firms struggle to meet demand.</b>\n</blockquote>\n<blockquote>\n <b>“While the second quarter will likely represent a peaking in the pace of economic growth, a concomitant peaking of inflation is far less assured.”</b>\n</blockquote>\n<p>So - what happens next? Does all that \"hope\" collapse back to reality? Or is \"hope\" the new strategy?</p>\n<p><img src=\"https://static.tigerbbs.com/8cda4e45787d67eefabc511b96083584\" tg-width=\"500\" tg-height=\"269\"><i>Source: Bloomberg</i></p>\n<p>Get back to work Mr.Powell and make it so!</p>\n<ul></ul>","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>US Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High</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\">\nUS Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 21:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/us-services-sector-unexpectedly-plunges-june-manufacturing-survey-hits-record-high><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite the serial disappointment in hard economic data, 'soft' survey data has continued to soar in 2021 but analysts expected today's Markit PMIs to retrace some of those gains. However, reality was...</p>\n\n<a href=\"https://www.zerohedge.com/economics/us-services-sector-unexpectedly-plunges-june-manufacturing-survey-hits-record-high\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/economics/us-services-sector-unexpectedly-plunges-june-manufacturing-survey-hits-record-high","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165465805","content_text":"Despite the serial disappointment in hard economic data, 'soft' survey data has continued to soar in 2021 but analysts expected today's Markit PMIs to retrace some of those gains. However, reality was notably different withManufacturing jumping more than expected as Services plunged...\n\nMarkit US Manufacturing rose to 62.6(from 62.1) beating expectations of 61.5.\nMarkit US Services plunged to 64.8(from 70.4) hugely missing expectations of 70.0.\n\nSource: Bloomberg\nThat is thelowest reading since March for Servicesand highest reading ever for Manufacturing.\nEmployment issues remained prevalentduring June, as numerous panellists mentioned difficulties finding suitably trained candidates for current vacancies.\nPrice pressures also remained elevated in June.The rate of input price inflation softened slightly but was the second-fastest on record. Manufacturers continued to note rapid increases in raw material and fuel costs, whilst service providers highlighted higher wage bills to attract workers plus greater transportation fees and fuel costs.\nUS continues to be the world's \"strongest\" economy based on these soft surveys, even as the US Composite PMI dropped to 63.9...\nSource: Bloomberg\nCommenting on the PMI data, Chris Williamson,Chief Business Economist at IHS Markit, said:\n\n “The early PMI indicators point to further impressive growth of the US economy in June, rounding off an unprecedented growth spurt over the second quarter as a whole.\n\n\n “While both output growth and inflows of new orders have come off their peaks in both manufacturing and services, this is as much due to capacity constraints limiting firms’ abilities to cope with demand rather than any cooling of the economy.\n\n\n “Although price gauges have also slipped from May’s all-time highs, it’s clear that the economy continues to run very hot. Prices charged for goods and services are still rising very sharply,\n record supply shortages are getting worse rather than better, firms are fighting to fill vacancies and manufacturers’ warehouse stocks are being depleted at a worrying rate as firms struggle to meet demand.\n\n\n“While the second quarter will likely represent a peaking in the pace of economic growth, a concomitant peaking of inflation is far less assured.”\n\nSo - what happens next? Does all that \"hope\" collapse back to reality? Or is \"hope\" the new strategy?\nSource: Bloomberg\nGet back to work Mr.Powell and make it so!","news_type":1},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123164065,"gmtCreate":1624412586457,"gmtModify":1703835881579,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123164065","repostId":"1164759713","repostType":4,"repost":{"id":"1164759713","kind":"news","pubTimestamp":1624410080,"share":"https://ttm.financial/m/news/1164759713?lang=&edition=fundamental","pubTime":"2021-06-23 09:01","market":"us","language":"en","title":"Bitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried","url":"https://stock-news.laohu8.com/highlight/detail?id=1164759713","media":"CNBC","summary":"Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of ","content":"<div>\n<p>Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn't help that cryptocurrencies like dogecoin, XRP and others saw sharp drops...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried</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\">\nBitcoin drop below $30,000 sparks fears of another crypto winter — here's why bulls aren't worried\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn't help that cryptocurrencies like dogecoin, XRP and others saw sharp drops...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/22/bitcoin-drop-below-30000-sparks-fears-of-another-crypto-winter.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1164759713","content_text":"Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn't help that cryptocurrencies like dogecoin, XRP and others saw sharp drops in the last 24 hours.\nBut experts tell CNBC that bitcoin's fundamentals are good, and the market conditions in 2021 are very different than the last big crypto crash in 2018.\n\"We are far from a bear market, only traders are freaking out over technicals seen on exchanges like volumes and price action,\" said popular on-chain analyst and statistician Willy Woo.\nWhat's happening to bitcoin\nBitcoin's rise in the last 12 months has had a lot to do with the billionaires and corporations that are buying bitcoin in big amounts. The surge in interest from mainstream financial players has not only reformed bitcoin's image but has also fomented a supply shortage, which helped drive up the price of the token.\nBut since the price of bitcoinpeaked over $63,000in April,the last few months have been rough for the world's biggest cryptocurrency.\nChina's countrywide crackdown on the nation's bitcoin miners certainly isn't helping.\n\"Recent news on the China mining shutdown is very reminiscent of China every few years. They've banned banks from using bitcoin, but this is actually different. I've never seen an exodus like this before,\" said Darin Feinstein, founder of Blockcap, one of the largest bitcoin mining operators in North America.\nMore than half the world's bitcoin miners are in China, and Beijing has made it clear that it wants them out.In May, the government called fora severe crackdown onbitcoinmining and trading, setting off what's been dubbed \"the great mining migration.\"\n\"Much of this downward momentum in bitcoin's price has been ascribed to China's latest moves with mining that have led to a lower global hashrate,\" said Jason Deane, an analyst at Quantum Economics, which specializes in research and analysis on financial markets and cryptocurrency.\n\"While long-term bitcoiners view this as an extremely positive move for the network ... short-term traders are spooked by uncertainty.\"\nAt present, theFear and Greed Indexshows a reading of 10, indicating \"extreme fear.\"\n\"Markets are often driven by momentum which can sometimes overwhelm fundamentals and the current sentiment seems to reflect that this is what we're seeing here,\" said Deane.\n2021 vs. 2018\nBut Deane and others think it is unlikely to be the start of a so-called crypto winter. Instead, they predict we are headed for a period of overreaction that will correct itself in due course.\n\"We may never see another crypto winter again,\" said Mati Greenspan, portfolio manager and Quantum Economics founder. \"There's a lot more utility, adoption, and diversification in the industry than we had in 2014 or 2018.\"\nBitcoin bulls insist the underlying fundamentals of bitcoin are much stronger in 2021, than they were during its last bear market in 2018.\n\"It's the bitcoin blockchain's more than a decade of unblemished security, bitcoin's breadth of utility, and the level of adoption that establish bitcoin's intrinsic value,\" said Alyse Killeen, founder and managing partner of bitcoin-focused venture firm Stillmark.\nThat last point is particularly important -- bitcoin adoption is on a tear, creating a broader group of users who believe in the currency's value, which reinforces it.\n\"All the network fundamentals are bullish, most of all we are at all-time highs of new user growth,\" said Woo.\nBitcoin also recentlylocked its first major upgrade in four years, promising additional functionality, privacy and efficiency.\nShort term, bitcoin believers think crypto prices will stabilize at price levels that are still higher than previous plateaus.\n\"It definitely fits the pattern of crypto assets rising well above previous all time highs, then settling into a new normal for a few years to come while builders continue to innovate on the technology front,\" said Auston Bunsen, co-founder and CTO of QuikNode, which provides blockchain infrastructure to developers and companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165015715,"gmtCreate":1624080728637,"gmtModify":1703828468513,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165015715","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=&edition=fundamental","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<p><i>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.</i></p>\n<p>If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss:&nbsp;More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.</p>\n<p>Crazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.</p>\n<p>But the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,<b>Eddie Antar.</b></p>\n<p><b>An Audacious Start:</b>Eddie Antar was born in Brooklyn, New York,&nbsp;on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.</p>\n<p>By 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.</p>\n<p>At the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price&nbsp;all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.</p>\n<p>Some manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.</p>\n<p>The stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.</p>\n<p>But how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work&nbsp;enabled them to put their ethics on hold.</p>\n<p>“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”</p>\n<p>Sights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.</p>\n<p>Antar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.</p>\n<p>The co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.</p>\n<p><b>An Advertising Assault:</b>The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion —&nbsp;he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.</p>\n<p>Antar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>Rather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as&nbsp;his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.</p>\n<p>It was through the television commercials&nbsp;Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater —&nbsp;and stood surrounded by displays of the electronics being peddled.</p>\n<p>Each commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.</p>\n<p>Carroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.</p>\n<p>He would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>There would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.</p>\n<p>A couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.</p>\n<p><b>Not So Funny:</b>After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.</p>\n<p>But as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.</p>\n<p>Antar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.</p>\n<p>“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.</p>\n<p>\"People have a certain idea of Crazy Eddie —&nbsp;in reality, it was a dark criminal enterprise.”</p>\n<p>Antar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.</p>\n<p>Eventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable:&nbsp;Antar decided to take Crazy Eddie public.</p>\n<p><b>Hello, Wall Street:</b>Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.</p>\n<p>Two years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.</p>\n<p>Why Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.</p>\n<p>The increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.</p>\n<p>Antar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down —&nbsp;and&nbsp;while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.</p>\n<p>The company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.</p>\n<p>The chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.</p>\n<p>\"By any measure, this is a staggering securities fraud,\" said<b>Michael Chertoff</b>, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.</p>\n<p>By 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.</p>\n<p>Antar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.</p>\n<p>“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”</p>\n<p>In July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.</p>\n<p>Rather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.</p>\n<p><b>The Legend Lives On:</b>Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.</p>\n<p>Several attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.</p>\n<p>In June 2019,<b>Jon Turteltaub</b>, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.</p>\n<p>Many of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.</p>\n<p>Antar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.</p>\n<p>“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”</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: The Rise And Fall Of Crazy Eddie</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\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161644359,"gmtCreate":1623925378871,"gmtModify":1703823646737,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161644359","repostId":"2144710250","repostType":4,"repost":{"id":"2144710250","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623919243,"share":"https://ttm.financial/m/news/2144710250?lang=&edition=fundamental","pubTime":"2021-06-17 16:40","market":"sh","language":"en","title":"Hawkish Fed fuels dollar, leaves stocks and bonds bruised","url":"https://stock-news.laohu8.com/highlight/detail?id=2144710250","media":"Reuters","summary":"* Fed projects two rate rises in 2023, talks tapering\n* Markets imply risk of first hike by end of 2","content":"<p>* Fed projects two rate rises in 2023, talks tapering</p>\n<p>* Markets imply risk of first hike by end of 2022</p>\n<p>* Bonds sell off hard, dollar surges, gold slides</p>\n<p>* Graphic: Global asset performance</p>\n<p>* Graphic: World FX rates</p>\n<p>LONDON/SYDNEY, June 17 (Reuters) - World equities were heading for their biggest fall in weeks on Thursday after the U.S. Federal Reserve startled investors by signalling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher.</p>\n<p>The dollar added to what was the strongest <a href=\"https://laohu8.com/S/AONE\">one</a>-day rise in 15 months after the Fed meeting, while Europe's government borrowing costs moved higher after 10-year U.S. Treasury yields rose by their most since early March.</p>\n<p>Europe's STOXX 600 snapped a 9-day winning streak - its longest since 2017 - with a 0.3% early dip. Asia-Pacific shares were closing down around 0.7% , while Wall Street futures pointed to a modest 0.4% drop.</p>\n<p>The Fed forecasts showed 13 of the 18 person policy board saw rates rising in 2023 versus only six previously, while seven tipped a first move in 2022.</p>\n<p>\"The new Fed 'dot plot' indicating that the median FOMC member now forecasts two Fed rate hikes in 2023, versus none in the March iteration, represented the hawkish surprise out of the June Fed meeting,\" said Ray Attrill, head of FX strategy at NAB.</p>\n<p>While these 'dot plots' are not commitments and have a poor track record of predicting rates, the sudden shift was a shock.</p>\n<p>The Fed also signalled it would now be considering whether to 'taper' its $120 billion-a-month asset purchase programme meeting by meeting and downgraded the risk from the pandemic given progress with vaccinations.</p>\n<p>JPMorgan analysts noted Fed Chair Jerome Powell had not been as aggressive in his media conference. He had described it as a \"talking about talking about meeting,\" a glib reference to his protestations earlier this year that the Fed was not even \"talking about talking about\" tighter policy.</p>\n<p>\"It appears that faster progress toward reopening and higher inflation surprises revealed some hawks on the FOMC, but we suspect that leadership is predominantly anchored at zero or <a href=\"https://laohu8.com/S/AONE.U\">one</a> hike in 2023,\" JPMorgan said, sticking with a prediction for tapering to start early next year.</p>\n<p>Markets moved quickly to price in the risk of earlier action and Fed fund futures shifted to imply a first hike by the end of 2022. Yields on 10-year bonds shot up almost nine basis points to 1.57%.</p>\n<p>ALL RISE</p>\n<p>The dollar also broke out of recent tight ranges. It had risen 0.9% on Wednesday against a basket of currencies to 91.387</p>\n<p>for its biggest gain since March last year and set a two-month high in early European trading.</p>\n<p>Powell's hawkish turn prompted both Goldman Sachs and Deutsche Bank to abandon their calls that the U.S. currency would weaken against the euro, although others were not so sure.</p>\n<p>Agnès Belaisch, Chief European Strategist of the Barings Investment Institute, said the fact that the Fed was not going to lift rates any time soon was good for world growth and that FX markets would therefore get over Wednesday's shift.</p>\n<p>\"He (Powell) said they wouldn't do anything for the next two years, so it's a shock but wrapped in good news,\" Belaisch said.</p>\n<p>\"I think he gave the markets the all-clear to rally\".</p>\n<p>The euro slipped back towards $1.1950 in the European session and the dollar was just shy of its 2021 high against the yen, last buying 110.55 yen .</p>\n<p>The kiwi dollar clawed back about half of its overnight losses after first-quarter growth figures blew past forecasts, and while the Aussie dollar and British pound stabilised emerging market currencies weakened.</p>\n<p>Ahead for currency markets is an interest rate decision from Turkey's central bank due at 1100 GMT, which has the lira on edge . Norway's central bank kept its interest rates at zero, but said a hike will most likely follow in September.</p>\n<p>Elsewhere, the rise in bond yields and the dollar were a double blow for non-yielding gold which was down at $1,810 an ounce after sliding 2.5% overnight.</p>\n<p>Oil prices were insulated by the prospect of stronger world demand and still tight supply, with Brent reaching its highest since April 2019 before running into profit taking and headwinds from the sharply higher dollar.</p>\n<p>Brent was last off 0.3% at $74.15 a barrel, while U.S. crude lost 0.2% as well to trade at $71.98.</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>Hawkish Fed fuels dollar, leaves stocks and bonds bruised</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\">\nHawkish Fed fuels dollar, leaves stocks and bonds bruised\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 16:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Fed projects two rate rises in 2023, talks tapering</p>\n<p>* Markets imply risk of first hike by end of 2022</p>\n<p>* Bonds sell off hard, dollar surges, gold slides</p>\n<p>* Graphic: Global asset performance</p>\n<p>* Graphic: World FX rates</p>\n<p>LONDON/SYDNEY, June 17 (Reuters) - World equities were heading for their biggest fall in weeks on Thursday after the U.S. Federal Reserve startled investors by signalling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher.</p>\n<p>The dollar added to what was the strongest <a href=\"https://laohu8.com/S/AONE\">one</a>-day rise in 15 months after the Fed meeting, while Europe's government borrowing costs moved higher after 10-year U.S. Treasury yields rose by their most since early March.</p>\n<p>Europe's STOXX 600 snapped a 9-day winning streak - its longest since 2017 - with a 0.3% early dip. Asia-Pacific shares were closing down around 0.7% , while Wall Street futures pointed to a modest 0.4% drop.</p>\n<p>The Fed forecasts showed 13 of the 18 person policy board saw rates rising in 2023 versus only six previously, while seven tipped a first move in 2022.</p>\n<p>\"The new Fed 'dot plot' indicating that the median FOMC member now forecasts two Fed rate hikes in 2023, versus none in the March iteration, represented the hawkish surprise out of the June Fed meeting,\" said Ray Attrill, head of FX strategy at NAB.</p>\n<p>While these 'dot plots' are not commitments and have a poor track record of predicting rates, the sudden shift was a shock.</p>\n<p>The Fed also signalled it would now be considering whether to 'taper' its $120 billion-a-month asset purchase programme meeting by meeting and downgraded the risk from the pandemic given progress with vaccinations.</p>\n<p>JPMorgan analysts noted Fed Chair Jerome Powell had not been as aggressive in his media conference. He had described it as a \"talking about talking about meeting,\" a glib reference to his protestations earlier this year that the Fed was not even \"talking about talking about\" tighter policy.</p>\n<p>\"It appears that faster progress toward reopening and higher inflation surprises revealed some hawks on the FOMC, but we suspect that leadership is predominantly anchored at zero or <a href=\"https://laohu8.com/S/AONE.U\">one</a> hike in 2023,\" JPMorgan said, sticking with a prediction for tapering to start early next year.</p>\n<p>Markets moved quickly to price in the risk of earlier action and Fed fund futures shifted to imply a first hike by the end of 2022. Yields on 10-year bonds shot up almost nine basis points to 1.57%.</p>\n<p>ALL RISE</p>\n<p>The dollar also broke out of recent tight ranges. It had risen 0.9% on Wednesday against a basket of currencies to 91.387</p>\n<p>for its biggest gain since March last year and set a two-month high in early European trading.</p>\n<p>Powell's hawkish turn prompted both Goldman Sachs and Deutsche Bank to abandon their calls that the U.S. currency would weaken against the euro, although others were not so sure.</p>\n<p>Agnès Belaisch, Chief European Strategist of the Barings Investment Institute, said the fact that the Fed was not going to lift rates any time soon was good for world growth and that FX markets would therefore get over Wednesday's shift.</p>\n<p>\"He (Powell) said they wouldn't do anything for the next two years, so it's a shock but wrapped in good news,\" Belaisch said.</p>\n<p>\"I think he gave the markets the all-clear to rally\".</p>\n<p>The euro slipped back towards $1.1950 in the European session and the dollar was just shy of its 2021 high against the yen, last buying 110.55 yen .</p>\n<p>The kiwi dollar clawed back about half of its overnight losses after first-quarter growth figures blew past forecasts, and while the Aussie dollar and British pound stabilised emerging market currencies weakened.</p>\n<p>Ahead for currency markets is an interest rate decision from Turkey's central bank due at 1100 GMT, which has the lira on edge . Norway's central bank kept its interest rates at zero, but said a hike will most likely follow in September.</p>\n<p>Elsewhere, the rise in bond yields and the dollar were a double blow for non-yielding gold which was down at $1,810 an ounce after sliding 2.5% overnight.</p>\n<p>Oil prices were insulated by the prospect of stronger world demand and still tight supply, with Brent reaching its highest since April 2019 before running into profit taking and headwinds from the sharply higher dollar.</p>\n<p>Brent was last off 0.3% at $74.15 a barrel, while U.S. crude lost 0.2% as well to trade at $71.98.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SCO":"二倍做空彭博原油指数ETF","EUO":"欧元ETF-ProShares两倍做空","FXE":"欧元做多ETF-CurrencyShares","DWT":"三倍做空原油ETN","FXY":"日元ETF-CurrencyShares","USO":"美国原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","DDG":"ProShares做空石油与天然气ETF","YCS":"日元ETF-ProShares两倍做空","UCO":"二倍做多彭博原油ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144710250","content_text":"* Fed projects two rate rises in 2023, talks tapering\n* Markets imply risk of first hike by end of 2022\n* Bonds sell off hard, dollar surges, gold slides\n* Graphic: Global asset performance\n* Graphic: World FX rates\nLONDON/SYDNEY, June 17 (Reuters) - World equities were heading for their biggest fall in weeks on Thursday after the U.S. Federal Reserve startled investors by signalling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher.\nThe dollar added to what was the strongest one-day rise in 15 months after the Fed meeting, while Europe's government borrowing costs moved higher after 10-year U.S. Treasury yields rose by their most since early March.\nEurope's STOXX 600 snapped a 9-day winning streak - its longest since 2017 - with a 0.3% early dip. Asia-Pacific shares were closing down around 0.7% , while Wall Street futures pointed to a modest 0.4% drop.\nThe Fed forecasts showed 13 of the 18 person policy board saw rates rising in 2023 versus only six previously, while seven tipped a first move in 2022.\n\"The new Fed 'dot plot' indicating that the median FOMC member now forecasts two Fed rate hikes in 2023, versus none in the March iteration, represented the hawkish surprise out of the June Fed meeting,\" said Ray Attrill, head of FX strategy at NAB.\nWhile these 'dot plots' are not commitments and have a poor track record of predicting rates, the sudden shift was a shock.\nThe Fed also signalled it would now be considering whether to 'taper' its $120 billion-a-month asset purchase programme meeting by meeting and downgraded the risk from the pandemic given progress with vaccinations.\nJPMorgan analysts noted Fed Chair Jerome Powell had not been as aggressive in his media conference. He had described it as a \"talking about talking about meeting,\" a glib reference to his protestations earlier this year that the Fed was not even \"talking about talking about\" tighter policy.\n\"It appears that faster progress toward reopening and higher inflation surprises revealed some hawks on the FOMC, but we suspect that leadership is predominantly anchored at zero or one hike in 2023,\" JPMorgan said, sticking with a prediction for tapering to start early next year.\nMarkets moved quickly to price in the risk of earlier action and Fed fund futures shifted to imply a first hike by the end of 2022. Yields on 10-year bonds shot up almost nine basis points to 1.57%.\nALL RISE\nThe dollar also broke out of recent tight ranges. It had risen 0.9% on Wednesday against a basket of currencies to 91.387\nfor its biggest gain since March last year and set a two-month high in early European trading.\nPowell's hawkish turn prompted both Goldman Sachs and Deutsche Bank to abandon their calls that the U.S. currency would weaken against the euro, although others were not so sure.\nAgnès Belaisch, Chief European Strategist of the Barings Investment Institute, said the fact that the Fed was not going to lift rates any time soon was good for world growth and that FX markets would therefore get over Wednesday's shift.\n\"He (Powell) said they wouldn't do anything for the next two years, so it's a shock but wrapped in good news,\" Belaisch said.\n\"I think he gave the markets the all-clear to rally\".\nThe euro slipped back towards $1.1950 in the European session and the dollar was just shy of its 2021 high against the yen, last buying 110.55 yen .\nThe kiwi dollar clawed back about half of its overnight losses after first-quarter growth figures blew past forecasts, and while the Aussie dollar and British pound stabilised emerging market currencies weakened.\nAhead for currency markets is an interest rate decision from Turkey's central bank due at 1100 GMT, which has the lira on edge . Norway's central bank kept its interest rates at zero, but said a hike will most likely follow in September.\nElsewhere, the rise in bond yields and the dollar were a double blow for non-yielding gold which was down at $1,810 an ounce after sliding 2.5% overnight.\nOil prices were insulated by the prospect of stronger world demand and still tight supply, with Brent reaching its highest since April 2019 before running into profit taking and headwinds from the sharply higher dollar.\nBrent was last off 0.3% at $74.15 a barrel, while U.S. crude lost 0.2% as well to trade at $71.98.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169449143,"gmtCreate":1623848926782,"gmtModify":1703821287660,"author":{"id":"3581999424680567","authorId":"3581999424680567","name":"JoanY","avatar":"https://community-static.tradeup.com/news/708456aca4983ed4f861aa9645be8b87","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999424680567","authorIdStr":"3581999424680567"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169449143","repostId":"2143179907","repostType":4,"repost":{"id":"2143179907","kind":"news","pubTimestamp":1623846480,"share":"https://ttm.financial/m/news/2143179907?lang=&edition=fundamental","pubTime":"2021-06-16 20:28","market":"us","language":"en","title":"U.S. buys another 200 million doses of Moderna's COVID-19 vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=2143179907","media":"StreetInsider","summary":"(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of","content":"<p>(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of its authorized COVID-19 shot, including the option to purchase other coronavirus vaccine candidates from the company's pipeline.</p>\n<p>The United States has now ordered a total of 500 million Moderna vaccine doses to date, with 110 million set for delivery in the fourth quarter and 90 million to be delivered in the first quarter of 2022.</p>\n<p>Moderna, which has supplied 217 million doses of its shot to the U.S. government as of Monday, said the additional doses were bought to ensure continuous supply through the first quarter of next year.</p>\n<p>More than 129 million doses of Moderna's vaccine have so far been administered in the United States, according to the latest data from the Centers for Disease Control and Prevention.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. buys another 200 million doses of Moderna's COVID-19 vaccine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. buys another 200 million doses of Moderna's COVID-19 vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18566159><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of its authorized COVID-19 shot, including the option to purchase other coronavirus vaccine candidates...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18566159\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=18566159","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143179907","content_text":"(Reuters) -Moderna Inc said on Wednesday the U.S. government has bought another 200 million doses of its authorized COVID-19 shot, including the option to purchase other coronavirus vaccine candidates from the company's pipeline.\nThe United States has now ordered a total of 500 million Moderna vaccine doses to date, with 110 million set for delivery in the fourth quarter and 90 million to be delivered in the first quarter of 2022.\nModerna, which has supplied 217 million doses of its shot to the U.S. government as of Monday, said the additional doses were bought to ensure continuous supply through the first quarter of next year.\nMore than 129 million doses of Moderna's vaccine have so far been administered in the United States, according to the latest data from the Centers for Disease Control and Prevention.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}