blhy900 personal page - To The Moon

blhy900

blhy900

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2021-08-05

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2021-07-05

Interesting news

Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position

2021-08-03

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2021-07-06

Huat Huat Huat

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2021-08-02

Interesting

Tesla rose nearly 5% in morning trading

2021-08-08

Interesting

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2021-07-23

wow v cool

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2021-07-12

$Alibaba(BABA)$HUAT HUAT HUAT

2022-01-27

Huat

Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline

2021-07-30

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7 Stocks To Watch For July 30, 2021

2021-07-08

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2021-07-01

wonderful news

S&P 500 notches fifth straight record closing high, fifth straight quarterly gain

2022-05-24

$Vanguard S&P 500 ETF(VOO)$HUAT

2021-08-16

$Alibaba(BABA)$HUAT HUAT HUAT

2021-07-31

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2021-07-03

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U.S. stocks sweep to fresh highs after strong jobs report

2021-06-25

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Oil Set for Weekly Gain as Focus Turns to Upcoming OPEC+ Meeting

2021-06-18

Disney land

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2021-06-07

Cool

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2022-02-26

Wow

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news&nbsp;","listText":"Interesting news&nbsp;","text":"Interesting news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155753052","repostId":"1166658180","repostType":4,"repost":{"id":"1166658180","kind":"news","pubTimestamp":1625454170,"share":"https://ttm.financial/m/news/1166658180?lang=&edition=fundamental","pubTime":"2021-07-05 11:02","market":"us","language":"en","title":"Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position","url":"https://stock-news.laohu8.com/highlight/detail?id=1166658180","media":"seeking alpha","summary":"Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's in","content":"<p>Summary</p>\n<ul>\n <li>Investment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.</li>\n <li>The Warren Buffett fan club blindly follow the Sage of Omaha and have not been well rewarded in relation to their personal investments in Kraft Heinz.</li>\n <li>The truth is that neither group understands the Kraft Heinz investment made by Buffett. It makes sense for him in a way that would not work for you and me.</li>\n <li>I shall explain all and hopefully allow you to understand the Kraft Heinz investment.</li>\n <li>I also provide an appraisal of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> today being at least 20% underpriced and a great value investment.</li>\n</ul>\n<p>Introduction</p>\n<p>Warren Buffett is an undeniable investing genius. His results speak for themselves. However, blindly following Buffett - as many investors do - is foolish as I shall explain.</p>\n<p>There exists an army of investors who closely watch the legendary investor's every move. If he buys something then the \"<i>Warren Buffett fan club\"</i>follows suit and they buy into the same company. I guess this is simply human nature. If someone appears to have the Midas touch then everyone wants a piece of the gold that he is creating.</p>\n<p>Certain investing websites allow investors to track Buffett and to blindly follow suit. Kraft Heinz (KHC) is a perfect example of why this kind of behaviour is ill advised.</p>\n<p>Many investment commentators question Buffett's investment in Kraft Heinz. The company certainly hasn't performed as well as other Buffett investments such as <a href=\"https://laohu8.com/S/AAPL\">Apple</a> (AAPL), <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>(NYSE:KO)or <a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> (WFC). But this does not make it a bad investment.</p>\n<p>These commentators, together with the Warren Buffett fan club who blindly follow their icon, fail to understand why Buffett invested in Kraft Heinz. So I shall attempt to break it down in this short article.</p>\n<p>What Works For Buffett Will Not Work For You</p>\n<p>Most of Berkshire’s (BRK.A) investments in stocks are held by its insurance companies. Buffett has always utilized the float from his insurance businesses to invest wisely and to enhance his returns. Very smart, but I guess that you cannot follow suit because you may not own any insurance companies.</p>\n<p>The remainder of its stock portfolio is held within the finance, rail and utilities, and at the holding company level of the <a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a> group.</p>\n<p>Dividends of stocks at the insurers are 8.4% (40% of the 21% federal rate).Dividends on stocks held by the other subsidiaries and the holding company are taxed at 6.2% (30% of the 21% federal rate).</p>\n<p>So, let us focus on Kraft Heinz -Berkshire owns approximately 26.7% of that company.</p>\n<p>Buffett's Kraft Heinz shares are held by the parent company and because Berkshire owns more than 20% of the business, but less than 50%, it is deemed to be in 'a position of control' and so must account for its investmentusing the “equity method” of accounting.</p>\n<p>From a tax standpoint, dividends are taxed by the holding company at 4.2%, which is an 80% discount from the 21% corporate tax rate.</p>\n<p>Now consider that Kraft Heinz is a mature business which is stable but beyond the rapid growth phase of yesteryear. It does, however, generate nice levels of cash with its collection of well known consumer brands. So, without any significant opportunity to grow, decisions on allocation of the capital being generated by the business are relatively straight forward - return capital to shareholders by way of dividend!</p>\n<p>It is for this reason that it has a payout ratio of circa 75% and it pays almost a 4% yield. And so it suits Berkshire Hathaway that this cash cow is paying out 75% of its profits as dividends.</p>\n<p>Berkshire benefits greatly by earning profits as dividends because of the low taxes that it pays on dividends - something that does not apply to you or the<i>Warren Buffett fan club</i>who blindly follow the guru.</p>\n<p>For this <a href=\"https://laohu8.com/S/AONE\">one</a> holding in Berkshire's vast portfolio the dividend from a stable cash cow is what Buffett is looking for. And since Berkshire is in a “position of control,” I expect Buffett is driving the payout ratio as high as possible.</p>\n<p>I expect that <a href=\"https://laohu8.com/S/AONE.U\">one</a> day Buffett will exit the Kraft Heinz position. Perhaps Berkshire will take a brand and some cash and avoid a realized taxable cash gain. Buffett is the master of mitigating tax liabilities. However, the kind of tax avoidance mechanism available to Buffett are not available to you and me which is why blindly following buffet is foolish.</p>\n<p>By way of example, just look at how Buffett acquired <a href=\"https://laohu8.com/S/BGC\">General</a> Re-Insurance.</p>\n<p>For those not familiar with what happened, allow me to explain. In 1998 the entire stock market was overpriced and Berkshire was trading at more than 3x book. Buffett believed that Berkshire and its shares were worth approximately half of that price. So, how does Buffett play this situation?</p>\n<p>He used $22 billion worth of his overpriced stock as currency to acquire General Re. Buffett effectively acquired the investment portfolio of General Re, which he valued at $25 billion. And because he thought his stock was being priced by the market at twice its intrinsic value, he effectively paid the equivalent of $11 billion of value for $25 billion of assets! Genius!</p>\n<p>The Gen Re portfolio was 90% fixed income products which allowed Buffett to switch from a heavy concentration of over-priced equity investments into much better valued bonds. Best of all, because he used Berkshire shares as currency for the deal rather than cash he managed to reduce his portfolio exposure to an overpriced equity market by approximately half without paying a cent of capital gains tax, then at 35%. Even more of a genius!</p>\n<p>I cover this kind of thing in my book \"Success in the Stock Market\" if any of you is interested in learning more.</p>\n<p>So, returning to the topic of this article, what works for Buffett will not work for you.</p>\n<p>Accounting for positions using the equity method requires that Berkshire’s pro-rata portion of Kraft Heinz’s reported income be included in Berkshire’s income and serves to increase Berkshire’s cost basis by the amount of the pro-rata profit. Dividends received are an offset, effectively a return of capital, and reduce Berkshire’s cost basis by the amount of the dividend. The combination increases the cost basis by the amount of undistributed earnings. Cash taxes are paid by Berkshire only on the amount received as dividends. The undistributed earnings (retained by Kraft Heinz) are included in a deferred tax liability and are payable when Berkshire receives a cash distribution or when it sells the position. The deferred tax liability is created using Berkshire’s corporate tax rate of 21%. Berkshire applies a Dividend Received Deduction “DRD” on the dividends it receives as it expects undistributed earnings to ultimately be distributed. It’s this assumption by Berkshire that allows it to offset its 21% tax rate with an 80% deduction. Thus dividends from Kraft Heinz are now taxed at 4.2% and the deferred tax liability building for retained earnings by Kraft Heinz is established using a 21% tax rate.</p>\n<p>Now consider the situation for you and me if Kraft Heinz was in our own private portfolio. With little or no capital growth prospects all we have is the dividend income. That is paid out of Kraft Heinz's net earnings (so after it has paid corporate tax) and when we receive the dividend we are subject to income tax (double taxation!)</p>\n<p>While Buffett enjoys greater tax efficiency, we suffer great tax inefficiency. This is why following everything the Sage of Omaha does is foolish. This, in my humble opinion, includes investing personally in Kraft Heinz.</p>\n<p>Kraft Heinz is a mediocre business with little prospect for growth and some of its brands are in fact in decline.I wouldn't buy it. I wouldn't recommend you to buy it either. But for Buffett it does make a great deal of sense (commentators/journalists in the investing community take note!).</p>\n<p>If you want to derive the financial benefits that Buffett is able to extract from his investment in Kraft Heinz and other holdings in his portfolio then my advice to you is to invest in Berkshire Hathaway rather than investing in the companies that Berkshire Hathaway invests in.</p>\n<p>Berkshire Hathaway - Underpriced By At Least 20%</p>\n<p>I believe Berkshire Hathaway to be vastly underpriced today as I shall go on to explain.</p>\n<p><img src=\"https://static.tigerbbs.com/bd35aaa75c637e9b1f67c110081a4d0e\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\">Data byYCharts</p>\n<p>Valuing Berkshire Hathaway is a complex affair due to the fact that it requires analysis on a sum of parts basis. I could write a small book on a single valuation and so it is well outside the scope of this article.</p>\n<p>However, there are some quick and dirty valuation techniques that one may deploy to provide a good indication of value. They invariably require a little Sherlock Holmes sleuth work of reading between the lines to find valuable valuation clues. Allow me to explain one of them.</p>\n<p>Buffett is still buying back Berkshire Stock at an unprecedented rate. This is a first major clue.</p>\n<ul>\n <li>Buffett bought back about $9bn of stock in H2 2020 and buybacks continue at pace.</li>\n <li>There were approximately $6.6 billion worth of buybacks during Q1 2021.</li>\n <li>Buybacks in the second quarter of 2021 may be calculated as follows. The April 22ndForm 10-Q filing reveals the amount spent on buybacks between March 31st(end of Q1) and April 22nd.So this is known to be $1.4 billion. On June 21stBerkshire’s13D filing(associated with its regular contribution of Berkshire shares to the Gates Foundation - $4.1bn USD on this occasion) allows us to calculate buybacks that occurred between April 22ndand June 21st. We do this by taking the statement of Buffett’s economic interest of 15.8% to calculate the number of shares outstanding at June 21st. This indicates that Berkshire had 2.265 billion class B share equivalent outstanding on June 21 (with class A stock converted to class B). This is down about 23 million since March 31 and 18 million lower that the April 22 figure. The implication being that over $5bn of stock was repurchased in <a href=\"https://laohu8.com/S/QTWO\">Q2</a> 2021. But June 21stis not the end of Q2, so if we extrapolate the data to the end of the quarter we arrive at approximately $7bn of repurchases in Q2.</li>\n</ul>\n<p>So in the last 12 months Buffett has spent a not insignificant $22.6bn buying back Berkshire stock.</p>\n<p>What does this tell us?</p>\n<p><a href=\"https://laohu8.com/S/FBNC\">First</a>, let’s take a step back and consider what we know about Buffett's threshold for buying back stock.</p>\n<p>Share buy-backs are among the most misunderstood and also the most abused aspects of modern capitalism. This is a huge topic and I devote an entire chapter of my book to it for anyone interested. However, for the purpose of this article know this. When executed above true book value (most of the time) buybacks will erode shareholder equity.</p>\n<p>This is not particularly well understood by shareholders or C-Suite executives. Accordingly I shall use this opportunity to explain how this works in practice with a simple analogy.</p>\n<p>Imagine owning a $1m house equally with your partner. Personally you also have $750,000 cash in the bank, so the total value of your personal assets is half of the house ($500,000) plus $750,000 cash. A total of $1.25m.</p>\n<p>You offer to buy your partner’s share in the house which has a book value of $500,000 (half of $1m).</p>\n<p>You ought to be happy paying anything up to $500,000 (a multiple to book that is less than or equal to 1) but you should not be prepared to pay more than that number. Buying at a premium (where the PB multiple is greater than 1) erodes the total value of your assets by the amount of the premium paid. If you don’t believe me, allow me to demonstrate the fact.</p>\n<p>If you pay $600,000 for your partner's share of the house (a multiple of 1.2x book) what do your assets look like after the deal? You now have a $1m house and a balance of $150,000 cash in the bank. Now your total asset value has shrunk from $1.25m to $1.15m. You have eroded your personal wealth by $100,000 which is the amount by which you overpaid for the share of the house.</p>\n<p>The same is true when repurchasing company stock above book – it destroys shareholder value in exactly the same way.</p>\n<p>The opposite is also true - so repurchasing below book is accretive to shareholder value.</p>\n<p>While a repurchase operation will always be presented as a means of returning value to the shareholders, the ugly truth is that buy-backs more often than not destroy shareholder value.</p>\n<p>Buffett understands this very well. Judging by the number of companies that repurchase their own stock at huge premiums to book I can confidently say that Buffett is one of the few CEOs who does understand it.</p>\n<p>The quick witted readers will now be asking, “Why then has Buffett been paying 1.1x book and then 1.2x book for stock repurchases?”</p>\n<p>Great question!</p>\n<p>The answer is simple and it brings us back to our Sherlock Holmes conclusions on the valuation of Berkshire Hathaway.</p>\n<p>Many of the assets bought by Buffett over the years are recorded on the Berkshire Hathaway balance sheet at cost rather than at their true market value. Said differently, the value of Berkshire's assets is vastly understated in its annual and quarterly reports. This means that when Buffett says that he will repurchase at 1.2x book, what he is actually saying is that the book value understates the true value of the business and that every 83 cents on the balance sheet is really worth $1 in the real world. This means that 1.2x of reported book value is equivalent to no more than 1.0x real book value.</p>\n<p>Now I hope that you can see where I am going with my detective work.</p>\n<p>Buffett is way too sharp to destroy shareholder equity by overpaying for Berkshire Stock, not least because he is Berkshire's largest shareholder! Buffett will only be interested in allocating capital in such a way that is accretive to shareholder value, namely at a multiple of book less than 1.0x.</p>\n<p>Now consider that no-one, other than perhaps Charlie Munger, knows the true value of Berkshire Hathaway better than Buffett. So, reading between the lines, Buffett is telling us that the true value of the business is at least 20% higher than the share price implies, we ought to capitalize on that information!</p>\n<p>It is also worthy of note that as the number of shares decreases due to buybacks, the price per share representing a true 1.0x book value also increases. Appreciation in the underlying value of balance sheet assets also pushes the threshold price higher. This explains why Buffett is constantly re-assessing the price at which he is prepared to buy back his own stock.</p>\n<p>I hope that this was helpful.</p>\n<p>I devote an entire chapter of my book \"Success in the Stock Market\" to the topic of buybacks and so I have only scratched the surface in this comment. If you are interested in learning more please take a look at the book.</p>\n<p>By the way, I am long Berkshire Hathaway. I believe it to be vastly undervalued currently and my more detailed analysis suggests that it is trading at between 69c and 77c on the $1. For this reason I think that Buffett will continue to repurchase for quite some time to come.</p>\n<p>I wish you every success in your investing endeavours.</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>Berkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position</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\">\nBerkshire Hathaway: At Least 20% Underpriced, And The Kraft Heinz Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.\nThe Warren Buffett fan club blindly follow the Sage of Omaha and have not ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","KHC":"卡夫亨氏","BRK.A":"伯克希尔"},"source_url":"https://seekingalpha.com/article/4437727-berkshire-hathaway-at-least-20-percent-underpriced-and-the-kraft-heinz-position","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166658180","content_text":"Summary\n\nInvestment commentators seem to derive a misplaced sense of schadenfreude from Buffett's investment in Kraft Heinz.\nThe Warren Buffett fan club blindly follow the Sage of Omaha and have not been well rewarded in relation to their personal investments in Kraft Heinz.\nThe truth is that neither group understands the Kraft Heinz investment made by Buffett. It makes sense for him in a way that would not work for you and me.\nI shall explain all and hopefully allow you to understand the Kraft Heinz investment.\nI also provide an appraisal of Berkshire Hathaway today being at least 20% underpriced and a great value investment.\n\nIntroduction\nWarren Buffett is an undeniable investing genius. His results speak for themselves. However, blindly following Buffett - as many investors do - is foolish as I shall explain.\nThere exists an army of investors who closely watch the legendary investor's every move. If he buys something then the \"Warren Buffett fan club\"follows suit and they buy into the same company. I guess this is simply human nature. If someone appears to have the Midas touch then everyone wants a piece of the gold that he is creating.\nCertain investing websites allow investors to track Buffett and to blindly follow suit. Kraft Heinz (KHC) is a perfect example of why this kind of behaviour is ill advised.\nMany investment commentators question Buffett's investment in Kraft Heinz. The company certainly hasn't performed as well as other Buffett investments such as Apple (AAPL), Coca-Cola(NYSE:KO)or Wells Fargo (WFC). But this does not make it a bad investment.\nThese commentators, together with the Warren Buffett fan club who blindly follow their icon, fail to understand why Buffett invested in Kraft Heinz. So I shall attempt to break it down in this short article.\nWhat Works For Buffett Will Not Work For You\nMost of Berkshire’s (BRK.A) investments in stocks are held by its insurance companies. Buffett has always utilized the float from his insurance businesses to invest wisely and to enhance his returns. Very smart, but I guess that you cannot follow suit because you may not own any insurance companies.\nThe remainder of its stock portfolio is held within the finance, rail and utilities, and at the holding company level of the Berkshire Hathaway group.\nDividends of stocks at the insurers are 8.4% (40% of the 21% federal rate).Dividends on stocks held by the other subsidiaries and the holding company are taxed at 6.2% (30% of the 21% federal rate).\nSo, let us focus on Kraft Heinz -Berkshire owns approximately 26.7% of that company.\nBuffett's Kraft Heinz shares are held by the parent company and because Berkshire owns more than 20% of the business, but less than 50%, it is deemed to be in 'a position of control' and so must account for its investmentusing the “equity method” of accounting.\nFrom a tax standpoint, dividends are taxed by the holding company at 4.2%, which is an 80% discount from the 21% corporate tax rate.\nNow consider that Kraft Heinz is a mature business which is stable but beyond the rapid growth phase of yesteryear. It does, however, generate nice levels of cash with its collection of well known consumer brands. So, without any significant opportunity to grow, decisions on allocation of the capital being generated by the business are relatively straight forward - return capital to shareholders by way of dividend!\nIt is for this reason that it has a payout ratio of circa 75% and it pays almost a 4% yield. And so it suits Berkshire Hathaway that this cash cow is paying out 75% of its profits as dividends.\nBerkshire benefits greatly by earning profits as dividends because of the low taxes that it pays on dividends - something that does not apply to you or theWarren Buffett fan clubwho blindly follow the guru.\nFor this one holding in Berkshire's vast portfolio the dividend from a stable cash cow is what Buffett is looking for. And since Berkshire is in a “position of control,” I expect Buffett is driving the payout ratio as high as possible.\nI expect that one day Buffett will exit the Kraft Heinz position. Perhaps Berkshire will take a brand and some cash and avoid a realized taxable cash gain. Buffett is the master of mitigating tax liabilities. However, the kind of tax avoidance mechanism available to Buffett are not available to you and me which is why blindly following buffet is foolish.\nBy way of example, just look at how Buffett acquired General Re-Insurance.\nFor those not familiar with what happened, allow me to explain. In 1998 the entire stock market was overpriced and Berkshire was trading at more than 3x book. Buffett believed that Berkshire and its shares were worth approximately half of that price. So, how does Buffett play this situation?\nHe used $22 billion worth of his overpriced stock as currency to acquire General Re. Buffett effectively acquired the investment portfolio of General Re, which he valued at $25 billion. And because he thought his stock was being priced by the market at twice its intrinsic value, he effectively paid the equivalent of $11 billion of value for $25 billion of assets! Genius!\nThe Gen Re portfolio was 90% fixed income products which allowed Buffett to switch from a heavy concentration of over-priced equity investments into much better valued bonds. Best of all, because he used Berkshire shares as currency for the deal rather than cash he managed to reduce his portfolio exposure to an overpriced equity market by approximately half without paying a cent of capital gains tax, then at 35%. Even more of a genius!\nI cover this kind of thing in my book \"Success in the Stock Market\" if any of you is interested in learning more.\nSo, returning to the topic of this article, what works for Buffett will not work for you.\nAccounting for positions using the equity method requires that Berkshire’s pro-rata portion of Kraft Heinz’s reported income be included in Berkshire’s income and serves to increase Berkshire’s cost basis by the amount of the pro-rata profit. Dividends received are an offset, effectively a return of capital, and reduce Berkshire’s cost basis by the amount of the dividend. The combination increases the cost basis by the amount of undistributed earnings. Cash taxes are paid by Berkshire only on the amount received as dividends. The undistributed earnings (retained by Kraft Heinz) are included in a deferred tax liability and are payable when Berkshire receives a cash distribution or when it sells the position. The deferred tax liability is created using Berkshire’s corporate tax rate of 21%. Berkshire applies a Dividend Received Deduction “DRD” on the dividends it receives as it expects undistributed earnings to ultimately be distributed. It’s this assumption by Berkshire that allows it to offset its 21% tax rate with an 80% deduction. Thus dividends from Kraft Heinz are now taxed at 4.2% and the deferred tax liability building for retained earnings by Kraft Heinz is established using a 21% tax rate.\nNow consider the situation for you and me if Kraft Heinz was in our own private portfolio. With little or no capital growth prospects all we have is the dividend income. That is paid out of Kraft Heinz's net earnings (so after it has paid corporate tax) and when we receive the dividend we are subject to income tax (double taxation!)\nWhile Buffett enjoys greater tax efficiency, we suffer great tax inefficiency. This is why following everything the Sage of Omaha does is foolish. This, in my humble opinion, includes investing personally in Kraft Heinz.\nKraft Heinz is a mediocre business with little prospect for growth and some of its brands are in fact in decline.I wouldn't buy it. I wouldn't recommend you to buy it either. But for Buffett it does make a great deal of sense (commentators/journalists in the investing community take note!).\nIf you want to derive the financial benefits that Buffett is able to extract from his investment in Kraft Heinz and other holdings in his portfolio then my advice to you is to invest in Berkshire Hathaway rather than investing in the companies that Berkshire Hathaway invests in.\nBerkshire Hathaway - Underpriced By At Least 20%\nI believe Berkshire Hathaway to be vastly underpriced today as I shall go on to explain.\nData byYCharts\nValuing Berkshire Hathaway is a complex affair due to the fact that it requires analysis on a sum of parts basis. I could write a small book on a single valuation and so it is well outside the scope of this article.\nHowever, there are some quick and dirty valuation techniques that one may deploy to provide a good indication of value. They invariably require a little Sherlock Holmes sleuth work of reading between the lines to find valuable valuation clues. Allow me to explain one of them.\nBuffett is still buying back Berkshire Stock at an unprecedented rate. This is a first major clue.\n\nBuffett bought back about $9bn of stock in H2 2020 and buybacks continue at pace.\nThere were approximately $6.6 billion worth of buybacks during Q1 2021.\nBuybacks in the second quarter of 2021 may be calculated as follows. The April 22ndForm 10-Q filing reveals the amount spent on buybacks between March 31st(end of Q1) and April 22nd.So this is known to be $1.4 billion. On June 21stBerkshire’s13D filing(associated with its regular contribution of Berkshire shares to the Gates Foundation - $4.1bn USD on this occasion) allows us to calculate buybacks that occurred between April 22ndand June 21st. We do this by taking the statement of Buffett’s economic interest of 15.8% to calculate the number of shares outstanding at June 21st. This indicates that Berkshire had 2.265 billion class B share equivalent outstanding on June 21 (with class A stock converted to class B). This is down about 23 million since March 31 and 18 million lower that the April 22 figure. The implication being that over $5bn of stock was repurchased in Q2 2021. But June 21stis not the end of Q2, so if we extrapolate the data to the end of the quarter we arrive at approximately $7bn of repurchases in Q2.\n\nSo in the last 12 months Buffett has spent a not insignificant $22.6bn buying back Berkshire stock.\nWhat does this tell us?\nFirst, let’s take a step back and consider what we know about Buffett's threshold for buying back stock.\nShare buy-backs are among the most misunderstood and also the most abused aspects of modern capitalism. This is a huge topic and I devote an entire chapter of my book to it for anyone interested. However, for the purpose of this article know this. When executed above true book value (most of the time) buybacks will erode shareholder equity.\nThis is not particularly well understood by shareholders or C-Suite executives. Accordingly I shall use this opportunity to explain how this works in practice with a simple analogy.\nImagine owning a $1m house equally with your partner. Personally you also have $750,000 cash in the bank, so the total value of your personal assets is half of the house ($500,000) plus $750,000 cash. A total of $1.25m.\nYou offer to buy your partner’s share in the house which has a book value of $500,000 (half of $1m).\nYou ought to be happy paying anything up to $500,000 (a multiple to book that is less than or equal to 1) but you should not be prepared to pay more than that number. Buying at a premium (where the PB multiple is greater than 1) erodes the total value of your assets by the amount of the premium paid. If you don’t believe me, allow me to demonstrate the fact.\nIf you pay $600,000 for your partner's share of the house (a multiple of 1.2x book) what do your assets look like after the deal? You now have a $1m house and a balance of $150,000 cash in the bank. Now your total asset value has shrunk from $1.25m to $1.15m. You have eroded your personal wealth by $100,000 which is the amount by which you overpaid for the share of the house.\nThe same is true when repurchasing company stock above book – it destroys shareholder value in exactly the same way.\nThe opposite is also true - so repurchasing below book is accretive to shareholder value.\nWhile a repurchase operation will always be presented as a means of returning value to the shareholders, the ugly truth is that buy-backs more often than not destroy shareholder value.\nBuffett understands this very well. Judging by the number of companies that repurchase their own stock at huge premiums to book I can confidently say that Buffett is one of the few CEOs who does understand it.\nThe quick witted readers will now be asking, “Why then has Buffett been paying 1.1x book and then 1.2x book for stock repurchases?”\nGreat question!\nThe answer is simple and it brings us back to our Sherlock Holmes conclusions on the valuation of Berkshire Hathaway.\nMany of the assets bought by Buffett over the years are recorded on the Berkshire Hathaway balance sheet at cost rather than at their true market value. Said differently, the value of Berkshire's assets is vastly understated in its annual and quarterly reports. This means that when Buffett says that he will repurchase at 1.2x book, what he is actually saying is that the book value understates the true value of the business and that every 83 cents on the balance sheet is really worth $1 in the real world. This means that 1.2x of reported book value is equivalent to no more than 1.0x real book value.\nNow I hope that you can see where I am going with my detective work.\nBuffett is way too sharp to destroy shareholder equity by overpaying for Berkshire Stock, not least because he is Berkshire's largest shareholder! Buffett will only be interested in allocating capital in such a way that is accretive to shareholder value, namely at a multiple of book less than 1.0x.\nNow consider that no-one, other than perhaps Charlie Munger, knows the true value of Berkshire Hathaway better than Buffett. So, reading between the lines, Buffett is telling us that the true value of the business is at least 20% higher than the share price implies, we ought to capitalize on that information!\nIt is also worthy of note that as the number of shares decreases due to buybacks, the price per share representing a true 1.0x book value also increases. Appreciation in the underlying value of balance sheet assets also pushes the threshold price higher. This explains why Buffett is constantly re-assessing the price at which he is prepared to buy back his own stock.\nI hope that this was helpful.\nI devote an entire chapter of my book \"Success in the Stock Market\" to the topic of buybacks and so I have only scratched the surface in this comment. If you are interested in learning more please take a look at the book.\nBy the way, I am long Berkshire Hathaway. I believe it to be vastly undervalued currently and my more detailed analysis suggests that it is trading at between 69c and 77c on the $1. For this reason I think that Buffett will continue to repurchase for quite some time to come.\nI wish you every success in your investing 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Huat Huat&nbsp;","listText":"Huat Huat Huat&nbsp;","text":"Huat Huat Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/154775088","repostId":"2149033827","repostType":4,"isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804911067,"gmtCreate":1627915597259,"gmtModify":1703497866386,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/804911067","repostId":"1155693481","repostType":4,"repost":{"id":"1155693481","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627913458,"share":"https://ttm.financial/m/news/1155693481?lang=&edition=fundamental","pubTime":"2021-08-02 22:10","market":"us","language":"en","title":"Tesla rose nearly 5% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1155693481","media":"Tiger Newspress","summary":" $Tesla Motors$ rose nearly 5% in morning trading.Elon Musk confirms Tesla AI Day will be on August 19.In addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more ","content":"<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p>\n<p>Elon Musk confirms Tesla AI Day will be on August 19.</p>\n<p>In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p>\n<p>The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p>\n<p><img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></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>Tesla rose nearly 5% in morning trading</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; 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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\">\nTesla rose nearly 5% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-02 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(August 2)&nbsp;<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> rose nearly 5% in morning trading.</p>\n<p>Elon Musk confirms Tesla AI Day will be on August 19.</p>\n<p>In&nbsp;addition&nbsp;,Last Thursday,&nbsp;Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.</p>\n<p>The patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.</p>\n<p><img src=\"https://static.tigerbbs.com/9faf5c64c1d04f0efe8c72c78addc130\" tg-width=\"725\" tg-height=\"633\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155693481","content_text":"(August 2) Tesla Motors rose nearly 5% in morning trading.\nElon Musk confirms Tesla AI Day will be on August 19.\nIn addition ,Last Thursday, Benzinga Proalerted its users Tesla hadfiled a patentthat would allow it to recover and recycle nickel and cobalt from old lithium-ion EV batteries.\nThe patent, titled “Metal Sulfate Manufacturing System via Electrochemical Dissolution,” would allow the EV and technology company to recover the two crucial raw battery metals and reuse them making its supply chain more efficient.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891755630,"gmtCreate":1628434552720,"gmtModify":1703506203481,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/891755630","repostId":"2157490509","repostType":4,"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175352209,"gmtCreate":1627008956201,"gmtModify":1703482366358,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"wow v cool&nbsp;","listText":"wow v cool&nbsp;","text":"wow v cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175352209","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146804947,"gmtCreate":1626063470489,"gmtModify":1703752636221,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>HUAT HUAT HUAT&nbsp;","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>HUAT HUAT HUAT&nbsp;","text":"$Alibaba(BABA)$HUAT HUAT HUAT","images":[{"img":"https://static.tigerbbs.com/72ad92915cb51ed343c4d6d3a6b3a4ac","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146804947","isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9090426578,"gmtCreate":1643247586202,"gmtModify":1676533790278,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090426578","repostId":"2206589977","repostType":4,"repost":{"id":"2206589977","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":1643238051,"share":"https://ttm.financial/m/news/2206589977?lang=&edition=fundamental","pubTime":"2022-01-27 07:00","market":"us","language":"en","title":"Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline","url":"https://stock-news.laohu8.com/highlight/detail?id=2206589977","media":"Reuters","summary":"* Tesla gyrates in after-market trading after results* Markets gyrate in closing minutes after Powel","content":"<html><head></head><body><p>* Tesla gyrates in after-market trading after results</p><p>* Markets gyrate in closing minutes after Powell Q&amp;A</p><p>* Mattel up on winning back Disney Princess license from Hasbro</p><p>* Indexes: Dow off 0.38%, S&amp;P down 0.15%, Nasdaq up 0.02%</p><p>NEW YORK, Jan 26 (Reuters) - The S&amp;P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.</p><p>All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&amp;P in negative territory and the Nasdaq eking out a nominal gain.</p><p>The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.</p><p>&#34;With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,&#34; the statement said.</p><p>Stocks slid into negative territory once Fed Chairman Jerome Powell&#39;s subsequent Q&amp;A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.</p><p>&#34;When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,&#34; said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p><p>The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&amp;P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.</p><p>While all 11 major sectors of the S&amp;P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.</p><p>Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&amp;P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.</p><p>Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.</p><p>Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.</p><p>Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co&#39;s &#34;Frozen&#34; franchise.</p><p>Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.</p><p>Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline</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 Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline\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\">2022-01-27 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Tesla gyrates in after-market trading after results</p><p>* Markets gyrate in closing minutes after Powell Q&amp;A</p><p>* Mattel up on winning back Disney Princess license from Hasbro</p><p>* Indexes: Dow off 0.38%, S&amp;P down 0.15%, Nasdaq up 0.02%</p><p>NEW YORK, Jan 26 (Reuters) - The S&amp;P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.</p><p>All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&amp;P in negative territory and the Nasdaq eking out a nominal gain.</p><p>The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.</p><p>&#34;With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,&#34; the statement said.</p><p>Stocks slid into negative territory once Fed Chairman Jerome Powell&#39;s subsequent Q&amp;A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.</p><p>&#34;When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,&#34; said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p><p>The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&amp;P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.</p><p>While all 11 major sectors of the S&amp;P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.</p><p>Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&amp;P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.</p><p>Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.</p><p>Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.</p><p>Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co&#39;s &#34;Frozen&#34; franchise.</p><p>Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.</p><p>Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","MSFT":"微软","TSLA":"特斯拉","BK4534":"瑞士信贷持仓","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","BK4504":"桥水持仓","BK4559":"巴菲特持仓","BA":"波音"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206589977","content_text":"* Tesla gyrates in after-market trading after results* Markets gyrate in closing minutes after Powell Q&A* Mattel up on winning back Disney Princess license from Hasbro* Indexes: Dow off 0.38%, S&P down 0.15%, Nasdaq up 0.02%NEW YORK, Jan 26 (Reuters) - The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&P in negative territory and the Nasdaq eking out a nominal gain.The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.\"With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,\" the statement said.Stocks slid into negative territory once Fed Chairman Jerome Powell's subsequent Q&A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.\"When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.While all 11 major sectors of the S&P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co's \"Frozen\" franchise.Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.The S&P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"BA":0.9,"MSFT":0.9,"TSLA":0.9,".IXIC":0.9,".DJI":0.9,".SPX":1,"SPY":1}},"isVote":1,"tweetType":1,"viewCount":937,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806169907,"gmtCreate":1627641974209,"gmtModify":1703493910672,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Okay cool&nbsp;","listText":"Okay cool&nbsp;","text":"Okay cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806169907","repostId":"2155134341","repostType":4,"repost":{"id":"2155134341","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627635997,"share":"https://ttm.financial/m/news/2155134341?lang=&edition=fundamental","pubTime":"2021-07-30 17:06","market":"us","language":"en","title":"7 Stocks To Watch For July 30, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2155134341","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects  Procter &amp; Gamble Co (NYSE: PG) to report quarterly earnings at $1.09 per share on revenue of $18.36 billion before the opening bell. Procter &amp; Gamble shares rose 0.5% to close at $139.48 on Thursday.\n","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b>Procter &amp; Gamble Co</b> (NYSE:PG) to report quarterly earnings at $1.09 per share on revenue of $18.36 billion before the opening bell. Procter &amp; Gamble shares rose 0.5% to close at $139.48 on Thursday.</li>\n <li><b>Pinterest Inc</b> (NYSE:PINS) reported upbeat earnings and sales results for its second quarter on Thursday. However, the company’s stock dropped following weaker-than-expected growth in monthly active users and bearish revenue forecast for the third quarter. Pinterest shares dipped 18.2% to $58.95 in premarket trading.</li>\n <li>Analysts expect <b>Caterpillar Inc.</b> (NYSE:CAT) to post quarterly earnings at $2.38 per share on revenue of $12.58 billion before the opening bell. Caterpillar shares fell 0.7% to $211.00 in premarket trading.</li>\n <li><b>Amazon.com, Inc.</b> (NASDAQ:AMZN) reported better-than-expected earnings for its second quarter, while sales missed expectations. The company also issued weak sales forecast for the current quarter. Amazon shares fell 6.3% to $3,374.00 in the after-hours trading session.</li>\n</ul>\n<ul>\n <li>Analysts are expecting <b>Exxon Mobil Corporation</b> (NYSE:XOM) to have earned $0.97 per share on revenue of $65.02 billion for the latest quarter. The company will release earnings before the markets open. Exxon Mobil shares rose 0.2% to $59.05 in premarket trading.</li>\n <li><b><a href=\"https://laohu8.com/S/TMUSP\">T-Mobile US, Inc.</a> </b> (NASDAQ:TMUS) posted upbeat results for its second quarter and also raised its FY21 core adjusted EBITDA guidance. T-Mobile shares, however, dropped 2.2% to $141.50 in premarket trading.</li>\n <li>Analysts expect <b>Chevron Corporation</b> (NYSE:CVX) to report quarterly earnings at $1.50 per share on revenue of $34.32 billion before the opening bell. Chevron shares gained 0.4% to $103.00 in premarket trading.</li>\n</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>7 Stocks To Watch For July 30, 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\">\n7 Stocks To Watch For July 30, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-30 17:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b>Procter &amp; Gamble Co</b> (NYSE:PG) to report quarterly earnings at $1.09 per share on revenue of $18.36 billion before the opening bell. Procter &amp; Gamble shares rose 0.5% to close at $139.48 on Thursday.</li>\n <li><b>Pinterest Inc</b> (NYSE:PINS) reported upbeat earnings and sales results for its second quarter on Thursday. However, the company’s stock dropped following weaker-than-expected growth in monthly active users and bearish revenue forecast for the third quarter. Pinterest shares dipped 18.2% to $58.95 in premarket trading.</li>\n <li>Analysts expect <b>Caterpillar Inc.</b> (NYSE:CAT) to post quarterly earnings at $2.38 per share on revenue of $12.58 billion before the opening bell. Caterpillar shares fell 0.7% to $211.00 in premarket trading.</li>\n <li><b>Amazon.com, Inc.</b> (NASDAQ:AMZN) reported better-than-expected earnings for its second quarter, while sales missed expectations. The company also issued weak sales forecast for the current quarter. Amazon shares fell 6.3% to $3,374.00 in the after-hours trading session.</li>\n</ul>\n<ul>\n <li>Analysts are expecting <b>Exxon Mobil Corporation</b> (NYSE:XOM) to have earned $0.97 per share on revenue of $65.02 billion for the latest quarter. The company will release earnings before the markets open. Exxon Mobil shares rose 0.2% to $59.05 in premarket trading.</li>\n <li><b><a href=\"https://laohu8.com/S/TMUSP\">T-Mobile US, Inc.</a> </b> (NASDAQ:TMUS) posted upbeat results for its second quarter and also raised its FY21 core adjusted EBITDA guidance. T-Mobile shares, however, dropped 2.2% to $141.50 in premarket trading.</li>\n <li>Analysts expect <b>Chevron Corporation</b> (NYSE:CVX) to report quarterly earnings at $1.50 per share on revenue of $34.32 billion before the opening bell. Chevron shares gained 0.4% to $103.00 in premarket trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMUS":"T-Mobile US Inc","CVX":"雪佛龙","AMZN":"亚马逊","CAT":"卡特彼勒","PG":"宝洁","XOM":"埃克森美孚","PINS":"Pinterest, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155134341","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Procter & Gamble Co (NYSE:PG) to report quarterly earnings at $1.09 per share on revenue of $18.36 billion before the opening bell. Procter & Gamble shares rose 0.5% to close at $139.48 on Thursday.\nPinterest Inc (NYSE:PINS) reported upbeat earnings and sales results for its second quarter on Thursday. However, the company’s stock dropped following weaker-than-expected growth in monthly active users and bearish revenue forecast for the third quarter. Pinterest shares dipped 18.2% to $58.95 in premarket trading.\nAnalysts expect Caterpillar Inc. (NYSE:CAT) to post quarterly earnings at $2.38 per share on revenue of $12.58 billion before the opening bell. Caterpillar shares fell 0.7% to $211.00 in premarket trading.\nAmazon.com, Inc. (NASDAQ:AMZN) reported better-than-expected earnings for its second quarter, while sales missed expectations. The company also issued weak sales forecast for the current quarter. Amazon shares fell 6.3% to $3,374.00 in the after-hours trading session.\n\n\nAnalysts are expecting Exxon Mobil Corporation (NYSE:XOM) to have earned $0.97 per share on revenue of $65.02 billion for the latest quarter. The company will release earnings before the markets open. Exxon Mobil shares rose 0.2% to $59.05 in premarket trading.\nT-Mobile US, Inc.  (NASDAQ:TMUS) posted upbeat results for its second quarter and also raised its FY21 core adjusted EBITDA guidance. T-Mobile shares, however, dropped 2.2% to $141.50 in premarket trading.\nAnalysts expect Chevron Corporation (NYSE:CVX) to report quarterly earnings at $1.50 per share on revenue of $34.32 billion before the opening bell. Chevron shares gained 0.4% to $103.00 in premarket trading.","news_type":1,"symbols_score_info":{"AMZN":0.9,"CVX":0.9,"PG":0.9,"XOM":0.9,"TMUS":0.9,"PINS":0.9,"CAT":0.9}},"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149148854,"gmtCreate":1625711207678,"gmtModify":1703746889732,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149148854","repostId":"1176865752","repostType":4,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151796451,"gmtCreate":1625105657773,"gmtModify":1703736248805,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"wonderful news&nbsp;","listText":"wonderful news&nbsp;","text":"wonderful news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151796451","repostId":"1178516480","repostType":4,"repost":{"id":"1178516480","kind":"news","pubTimestamp":1625094708,"share":"https://ttm.financial/m/news/1178516480?lang=&edition=fundamental","pubTime":"2021-07-01 07:11","market":"us","language":"en","title":"S&P 500 notches fifth straight record closing high, fifth straight quarterly gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1178516480","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as inves","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.</p>\n<p>In the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.</p>\n<p>All three indexes posted their fifth consecutive quarterly gains, with the S&amp;P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&amp;P 500 registered its second-best first-half performance since 1998, rising 14.5%.</p>\n<p>“It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&amp;P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”</p>\n<p>For the month, the bellwether S&amp;P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.</p>\n<p>This month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.</p>\n<p>“Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”</p>\n<p>“(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.</p>\n<p>“Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”</p>\n<p>(Graphic: Growths stocks outperform value in June, narrow YTD gap, )</p>\n<p><img src=\"https://static.tigerbbs.com/5b82b4dfdc765d913811f9d8572e60f6\" tg-width=\"964\" tg-height=\"723\" referrerpolicy=\"no-referrer\">“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”</p>\n<p>The private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.</p>\n<p>The Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&amp;P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.</p>\n<p>Among the 11 major sectors in the S&amp;P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.</p>\n<p>Boeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.</p>\n<p>Walmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.</p>\n<p>Micron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.</p>\n<p>Volume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 notches fifth straight record closing high, fifth straight quarterly gain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 notches fifth straight record closing high, fifth straight quarterly gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking ...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R\">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",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178516480","content_text":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.\nIn the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.\nAll three indexes posted their fifth consecutive quarterly gains, with the S&P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&P 500 registered its second-best first-half performance since 1998, rising 14.5%.\n“It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”\nFor the month, the bellwether S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.\nThis month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.\n“Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”\n“(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.\n“Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”\n(Graphic: Growths stocks outperform value in June, narrow YTD gap, )\n“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”\nThe private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.\nThe Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.\nAmong the 11 major sectors in the S&P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.\nBoeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.\nWalmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.\nMicron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.\nThe S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.\nVolume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026624805,"gmtCreate":1653369318507,"gmtModify":1676535269823,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a>HUAT","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a>HUAT","text":"$Vanguard S&P 500 ETF(VOO)$HUAT","images":[{"img":"https://community-static.tradeup.com/news/43cce47e654f2a715706d56ffa7ad5cd","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026624805","isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839167570,"gmtCreate":1629127728390,"gmtModify":1676529941032,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>HUAT HUAT HUAT&nbsp;","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>HUAT HUAT HUAT&nbsp;","text":"$Alibaba(BABA)$HUAT HUAT HUAT","images":[{"img":"https://static.tigerbbs.com/6e479bcd10c1bf0c135ec87f06a73365","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839167570","isVote":1,"tweetType":1,"viewCount":785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":806714831,"gmtCreate":1627694071823,"gmtModify":1703494751681,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/806714831","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152802542,"gmtCreate":1625279070686,"gmtModify":1703739842990,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"ok cool","listText":"ok cool","text":"ok cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152802542","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","kind":"news","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&amp;P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&amp;P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&amp;P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","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. stocks sweep to fresh highs after strong jobs report</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. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126776430,"gmtCreate":1624586406120,"gmtModify":1703841031544,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/126776430","repostId":"1144285047","repostType":4,"repost":{"id":"1144285047","kind":"news","pubTimestamp":1624586033,"share":"https://ttm.financial/m/news/1144285047?lang=&edition=fundamental","pubTime":"2021-06-25 09:53","market":"us","language":"en","title":"Oil Set for Weekly Gain as Focus Turns to Upcoming OPEC+ Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1144285047","media":"Bloomberg","summary":"(Bloomberg) -- Oil is heading for a fifth weekly advance, the longest winning streak since December,","content":"<p>(Bloomberg) -- Oil is heading for a fifth weekly advance, the longest winning streak since December, as stockpiles shrink and the market tightens ahead of an OPEC+ meeting that will consider pumping more crude.</p>\n<p>Front-month futures in New York are up more than 2% this week and global benchmark Brent is at the highest level since October 2018. The alliance, led by Saudi Arabia and Russia, are set to meet July 1 and the group is widely expected to revive more output in August, according to a Bloomberg survey. Delegates from the coalition say discussions are already underway.</p>\n<p>The rebound in fuel consumption in key regions including the U.S. and Europe is rapidly draining stockpiles, with some flagging the possibility of benchmark Brent crude hitting $100 a barrel again. The prospect of an imminent surge of Iranian oil is also diminishing as talks to revive a nuclear deal drag on.</p>\n<p>The prompt timespread for Brent was 75 cents in backwardation -- where near-dated contracts are more expensive than later-dated ones. The bullish structure has eased from 85 cents at the start of the week.</p>\n<p>Russia is considering making a proposal that OPEC+ boost output and delegates say a hike is being informally discussed. The average gain forecast by analysts was for about 550,000 barrels a day -- barely a quarter of the global supply deficit that the alliance anticipates during August.</p>","source":"lsy1612507957220","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 Set for Weekly Gain as Focus Turns to Upcoming OPEC+ Meeting</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 Set for Weekly Gain as Focus Turns to Upcoming OPEC+ Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 09:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-set-weekly-gain-focus-233523836.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil is heading for a fifth weekly advance, the longest winning streak since December, as stockpiles shrink and the market tightens ahead of an OPEC+ meeting that will consider pumping ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-set-weekly-gain-focus-233523836.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/oil-set-weekly-gain-focus-233523836.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144285047","content_text":"(Bloomberg) -- Oil is heading for a fifth weekly advance, the longest winning streak since December, as stockpiles shrink and the market tightens ahead of an OPEC+ meeting that will consider pumping more crude.\nFront-month futures in New York are up more than 2% this week and global benchmark Brent is at the highest level since October 2018. The alliance, led by Saudi Arabia and Russia, are set to meet July 1 and the group is widely expected to revive more output in August, according to a Bloomberg survey. Delegates from the coalition say discussions are already underway.\nThe rebound in fuel consumption in key regions including the U.S. and Europe is rapidly draining stockpiles, with some flagging the possibility of benchmark Brent crude hitting $100 a barrel again. The prospect of an imminent surge of Iranian oil is also diminishing as talks to revive a nuclear deal drag on.\nThe prompt timespread for Brent was 75 cents in backwardation -- where near-dated contracts are more expensive than later-dated ones. The bullish structure has eased from 85 cents at the start of the week.\nRussia is considering making a proposal that OPEC+ boost output and delegates say a hike is being informally discussed. The average gain forecast by analysts was for about 550,000 barrels a day -- barely a quarter of the global supply deficit that the alliance anticipates during August.","news_type":1,"symbols_score_info":{"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166581140,"gmtCreate":1624017774780,"gmtModify":1703826651331,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Disney land","listText":"Disney land","text":"Disney land","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166581140","repostId":"2144775754","repostType":4,"isVote":1,"tweetType":1,"viewCount":637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114106105,"gmtCreate":1623055199507,"gmtModify":1704195117989,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/114106105","repostId":"1129935519","repostType":4,"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039096829,"gmtCreate":1645837932024,"gmtModify":1676534068830,"author":{"id":"3585480354262137","authorId":"3585480354262137","name":"blhy900","avatar":"https://static.tigerbbs.com/db9c3cba1f9f78c66c88aeb04ad4832a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585480354262137","idStr":"3585480354262137"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039096829","repostId":"2214433184","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}