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Jikukan
2022-12-25
merry christmas
Jikukan
2022-12-22
go
Jikukan
2022-12-22
go
Jikukan
2022-12-21
go
Jikukan
2022-12-18
https://tigr.link/nQviS?utm_campaign=20221031201028&utm_medium=whatsapp&shareID=c6bce3e60a8b08cd3e2b4c491f5cf979&invite=UZWHMZ&lang=en_US&platform=android&utm_source=invite
Jikukan
2022-12-16
https://tigr.link/nQviS?utm_campaign=20221031201028&utm_medium=whatsapp&shareID=c6bce3e60a8b08cd3e2b4c491f5cf979&invite=UZWHMZ&lang=en_US&platform=android&utm_source=invite
Jikukan
2022-12-15
Great ariticle, would you like to share it?
@TigerEvents:Join Tiger's Football Season, share the prizes worth up to US$200,000
Jikukan
2021-09-15
Lets go
Jikukan
2021-07-17
Need it to rise
Jikukan
2021-07-14
$Atossa Genetics(ATOS)$
lets aim for above 7 by end of today
Jikukan
2021-07-13
$NIO Inc.(NIO)$
This used to be my most green stocks but now it is my bottom few stocks. Still green though
Jikukan
2021-07-13
$Atossa Genetics(ATOS)$
looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy
Jikukan
2021-07-09
$DiDi Global Inc.(DIDI)$
Why did DIDI rise so fast? Any news? I cant find it.
Jikukan
2021-06-28
$Autodesk(ADSK)$
lets break 300
Jikukan
2021-06-17
Like and comment pls
Sorry, the original content has been removed
Jikukan
2021-06-15
Like and comment pls
Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets
Jikukan
2021-06-15
$NIO Inc.(NIO)$
Rise more
Jikukan
2021-06-15
Pls like and comment
Vaccine Stocks Slide After Novavax Shot Proves Highly Effective
Jikukan
2021-06-08
Nice
Sorry, the original content has been removed
Jikukan
2021-06-08
Nice
2 Potentially Explosive Stocks to Buy in June
Go to Tiger App to see more news
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ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9921638346","repostId":"9963969638","repostType":1,"repost":{"id":9963969638,"gmtCreate":1668567458425,"gmtModify":1677745765888,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! 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While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","images":[{"img":"https://community-static.tradeup.com/news/e8c9b6ab16214df413c77708cf5957bf","width":"404","height":"707"},{"img":"https://community-static.tradeup.com/news/6f0ddb54cc9e55b9b9b59a0c9908bfb5","width":"358","height":"471"},{"img":"https://community-static.tradeup.com/news/d9cc4adf57a9972e62e94d321ecc6734","width":"402","height":"712"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963969638","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882440609,"gmtCreate":1631716697601,"gmtModify":1676530617412,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Lets go","listText":"Lets go","text":"Lets go","images":[{"img":"https://static.tigerbbs.com/b8b23f02c979e17091fb64453cf02c33","width":"1080","height":"2282"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882440609","isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":170729934,"gmtCreate":1626452886328,"gmtModify":1703760558735,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Need it to rise","listText":"Need it to rise","text":"Need it to rise","images":[{"img":"https://static.tigerbbs.com/da3d326e08f23a10a81eb089c40ca93e","width":"1080","height":"1952"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170729934","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144605175,"gmtCreate":1626277721097,"gmtModify":1703757064941,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>lets aim for above 7 by end of today","listText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>lets aim for above 7 by end of today","text":"$Atossa Genetics(ATOS)$lets aim for above 7 by end of today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144605175","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145322338,"gmtCreate":1626190942024,"gmtModify":1703755301687,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>This used to be my most green stocks but now it is my bottom few stocks. Still green though","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>This used to be my most green stocks but now it is my bottom few stocks. Still green though","text":"$NIO Inc.(NIO)$This used to be my most green stocks but now it is my bottom few stocks. Still green though","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145322338","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145329607,"gmtCreate":1626190692509,"gmtModify":1703755295480,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy","listText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy","text":"$Atossa Genetics(ATOS)$looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145329607","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141329792,"gmtCreate":1625839492216,"gmtModify":1703749619190,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a> Why did DIDI rise so fast? Any news? I cant find it.","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a> Why did DIDI rise so fast? Any news? I cant find it.","text":"$DiDi Global Inc.(DIDI)$ Why did DIDI rise so fast? Any news? I cant find it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141329792","isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150633982,"gmtCreate":1624895363146,"gmtModify":1703847460409,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ADSK\">$Autodesk(ADSK)$</a>lets break 300","listText":"<a href=\"https://laohu8.com/S/ADSK\">$Autodesk(ADSK)$</a>lets break 300","text":"$Autodesk(ADSK)$lets break 300","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/150633982","isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163343426,"gmtCreate":1623860488065,"gmtModify":1703821842958,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/163343426","repostId":"2143978737","repostType":4,"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160313040,"gmtCreate":1623772065680,"gmtModify":1703819022903,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160313040","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","pubTimestamp":1623762167,"share":"https://ttm.financial/m/news/1191245053?lang=&edition=fundamental","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p>\n<p>So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p>\n<p>Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p>\n<p><img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p>\n<p>It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p>\n<p><img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p>\n<p><img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p>This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p>\n<p>Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p>\n<p><img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p>\n<p><img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p>\n<p>One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p>\n<p>As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p>\n<p><img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p>\n<p>Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 21:02 GMT+8 <a href=https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184181397,"gmtCreate":1623688716919,"gmtModify":1704208850223,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Rise more","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Rise more","text":"$NIO Inc.(NIO)$Rise more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184181397","isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184110849,"gmtCreate":1623688015481,"gmtModify":1704208833129,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184110849","repostId":"2143738859","repostType":4,"repost":{"id":"2143738859","pubTimestamp":1623684317,"share":"https://ttm.financial/m/news/2143738859?lang=&edition=fundamental","pubTime":"2021-06-14 23:25","market":"us","language":"en","title":"Vaccine Stocks Slide After Novavax Shot Proves Highly Effective","url":"https://stock-news.laohu8.com/highlight/detail?id=2143738859","media":"Bloomberg","summary":"(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’","content":"<p>(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.</p>\n<p>Stocks tied to inoculations already cleared for emergency use fell in Monday’s trading, led by Moderna Inc.’s slide of as much as 9.5%. Pfizer Inc. fell 1.6% and the drugmaker’s German partner <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> dropped 6.1%. Even the consumer giant Johnson & Johnson slipped 0.6%, slightly more than the S&P 500 index as the broader market dropped back from Friday’s record highs.</p>\n<p>Novavax itself wasn’t immune from the downdraft it created, with the stock reversing a 9.5% gain on Monday to fall about 1%. The shot’s efficacy was better than Wall Street was expecting amid the spread of more resistant variants, and that’s raising the specter of new competition. Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.</p>\n<p>But with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares. Biotech stocks often climb ahead of highly watched catalyst, only to give back gains even after a positive update.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vaccine Stocks Slide After Novavax Shot Proves Highly Effective</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\">\nVaccine Stocks Slide After Novavax Shot Proves Highly Effective\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 23:25 GMT+8 <a href=https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.\nStocks tied to inoculations already ...</p>\n\n<a href=\"https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","NVAX":"诺瓦瓦克斯医药"},"source_url":"https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143738859","content_text":"(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.\nStocks tied to inoculations already cleared for emergency use fell in Monday’s trading, led by Moderna Inc.’s slide of as much as 9.5%. Pfizer Inc. fell 1.6% and the drugmaker’s German partner BioNTech SE dropped 6.1%. Even the consumer giant Johnson & Johnson slipped 0.6%, slightly more than the S&P 500 index as the broader market dropped back from Friday’s record highs.\nNovavax itself wasn’t immune from the downdraft it created, with the stock reversing a 9.5% gain on Monday to fall about 1%. The shot’s efficacy was better than Wall Street was expecting amid the spread of more resistant variants, and that’s raising the specter of new competition. Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.\nBut with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares. Biotech stocks often climb ahead of highly watched catalyst, only to give back gains even after a positive update.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180033094,"gmtCreate":1623163531118,"gmtModify":1704197490077,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180033094","repostId":"2141266499","repostType":4,"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180030166,"gmtCreate":1623163486455,"gmtModify":1704197487326,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180030166","repostId":"2141264328","repostType":4,"repost":{"id":"2141264328","pubTimestamp":1623162620,"share":"https://ttm.financial/m/news/2141264328?lang=&edition=fundamental","pubTime":"2021-06-08 22:30","market":"us","language":"en","title":"2 Potentially Explosive Stocks to Buy in June","url":"https://stock-news.laohu8.com/highlight/detail?id=2141264328","media":"Motley Fool","summary":"If you're willing to take on risk, owning stock in these companies could make you rich.","content":"<p>Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take <b>Amazon</b> and <b>Netflix</b>, for example. If you invested in either of these companies early in their publicly traded histories and held on to your shares, you would have enjoyed incredible gains. However, investors didn't even have to get in super early to enjoy life-changing returns with these companies.</p>\n<p>E-commerce and streaming video were already fairly well established a decade ago, but many investors correctly saw that these industries still had huge room for growth. If you made a $10,000 investment in Netflix stock 10 years ago, your holdings would now be worth roughly $132,000. That same $10,000 investment in Amazon stock would be worth about $173,000 at today's prices.</p>\n<p>Growth-dependent tech stocks are prone to volatile pricing swings, but taking a buy-and-hold approach to quality companies in the space can transform your portfolio's performance. Read on for a look at two companies that could deliver huge returns for risk-tolerant investors.</p>\n<p><img src=\"https://static.tigerbbs.com/d5f5f38a6fbdad8558b62e795c8b4d3e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>1. Appian</p>\n<p><b>Appian</b> (NASDAQ:APPN) provides a software development platform that allows users to quickly build and deploy applications. The company's app-building service allows users to \"drag and drop\" different features and processes into projects, creating a streamlined and accessible approach to software development. This setup can help companies complete projects faster and it allows even relatively inexperienced developers to create applications that improve workflow efficiency.</p>\n<p>Software will only become increasingly essential to business success, and Appian should have plenty of opportunities to attract new clients and boost spending on its platform. However, you probably wouldn't get that impression if you looked at its stock performance in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/22e3f29f0a174d8c0f0da174104a13d5\" tg-width=\"720\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p>\n<p>APPN data by YCharts</p>\n<p>After an impressive run, the stock price has plummeted roughly 65% from the record high it hit earlier this year. What's at the root of the crushing sell-off? For <a href=\"https://laohu8.com/S/AONE\">one</a>, tech stocks have felt the squeeze as investors have rotated into economic reopening plays and value-oriented names. Slowing growth at Appian has also weighed on the company's valuation.</p>\n<p>Revenue climbed just 13% year over year in the quarter to reach $88.9 million, although that doesn't tell the whole story because the company is still in the process of pivoting to a more subscription-heavy business model. Overall subscription revenue rose 26% compared to the prior-year period to reach $63.8 million, which is still significantly below the 31% annual growth rate the segment posted last year, but the deceleration isn't hugely concerning at this point.</p>\n<p>Appian has a market capitalization of roughly $6.4 billion and is valued at approximately 18 times this year's expected sales. That's still a highly growth-dependent valuation, but demand for accessible software development and process automation services could increase dramatically over the next decade and beyond, and the business has a long runway for expansion. For patient investors, Appian stock could go on to be a big winner.</p>\n<h3>2. Baozun</h3>\n<p><b>Baozun</b> (NASDAQ:BZUN) is a China-based e-commerce services specialist that's sometimes compared to <b>Shopify</b> because both companies provide website-creation tools that help businesses launch and run online retail stores. With Shopify's stock up roughly 3,920% over the last five years, it's an eye-catching comparison, but there are some key distinctions investors should be aware of.</p>\n<p>Baozun provides website creation tools, customer management, advertising and marketing, and warehousing and order-fulfillment services, and its core customer base consists of large Western companies that are aiming to benefit from the massive and fast-growing Chinese e-commerce market. Its platform also allows companies to integrate their stores into many of China's biggest e-commerce hubs, including <b>Alibaba</b>'s Tmall, <b>JD.com</b>, <b>Tencent</b>'s WeChat, and ByteDance's Douyin (the Chinese version of TikTok).</p>\n<p>Baozun has a leading position in its corner of the e-commerce market, but it's fair to say that the business has given investors reason to be cautious over the last few years. Despite shifting some focus away from warehousing and order fulfillment services in favor of prioritizing its web platform, margins have grown at slower than expected rates -- and actually contracted in some quarters.</p>\n<p>Sales and earnings growth have been uneven despite signs of progress on some important fronts, and the company has also raised funding for growth initiatives through substantial new share offerings that have diluted the stock. Factor in geopolitical concerns stemming from tensions between the U.S. and China, and it's not hard to see why Baozun's stock performance has lagged far behind Shopify's.</p>\n<p>Despite surging roughly 417% over the last five years, Baozun's stock price is actually down about 45% over the last three-year period. However, it looks like margins are starting to climb again, and the business still has big growth potential as it caters to Western brands and moves to expand adoption of its services among large and small domestic businesses.</p>\n<p>With the company valued at roughly $2.7 billion and its stock trading at approximately 26.5 times this year's expected earnings, Baozun offers investors an attractive risk-reward dynamic and could wind up crushing expectations.</p>","source":"fool_stock","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>2 Potentially Explosive Stocks to Buy in June</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\">\n2 Potentially Explosive Stocks to Buy in June\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 22:30 GMT+8 <a href=https://www.fool.com/investing/2021/06/08/2-potentially-explosive-stocks-to-buy-in-june/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take Amazon and Netflix, for example. If you invested in either of these companies early ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/08/2-potentially-explosive-stocks-to-buy-in-june/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APPN":"Appian Corp","BZUN":"宝尊电商"},"source_url":"https://www.fool.com/investing/2021/06/08/2-potentially-explosive-stocks-to-buy-in-june/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141264328","content_text":"Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take Amazon and Netflix, for example. If you invested in either of these companies early in their publicly traded histories and held on to your shares, you would have enjoyed incredible gains. However, investors didn't even have to get in super early to enjoy life-changing returns with these companies.\nE-commerce and streaming video were already fairly well established a decade ago, but many investors correctly saw that these industries still had huge room for growth. If you made a $10,000 investment in Netflix stock 10 years ago, your holdings would now be worth roughly $132,000. That same $10,000 investment in Amazon stock would be worth about $173,000 at today's prices.\nGrowth-dependent tech stocks are prone to volatile pricing swings, but taking a buy-and-hold approach to quality companies in the space can transform your portfolio's performance. Read on for a look at two companies that could deliver huge returns for risk-tolerant investors.\n\nImage source: Getty Images.\n1. Appian\nAppian (NASDAQ:APPN) provides a software development platform that allows users to quickly build and deploy applications. The company's app-building service allows users to \"drag and drop\" different features and processes into projects, creating a streamlined and accessible approach to software development. This setup can help companies complete projects faster and it allows even relatively inexperienced developers to create applications that improve workflow efficiency.\nSoftware will only become increasingly essential to business success, and Appian should have plenty of opportunities to attract new clients and boost spending on its platform. However, you probably wouldn't get that impression if you looked at its stock performance in recent months.\n\nAPPN data by YCharts\nAfter an impressive run, the stock price has plummeted roughly 65% from the record high it hit earlier this year. What's at the root of the crushing sell-off? For one, tech stocks have felt the squeeze as investors have rotated into economic reopening plays and value-oriented names. Slowing growth at Appian has also weighed on the company's valuation.\nRevenue climbed just 13% year over year in the quarter to reach $88.9 million, although that doesn't tell the whole story because the company is still in the process of pivoting to a more subscription-heavy business model. Overall subscription revenue rose 26% compared to the prior-year period to reach $63.8 million, which is still significantly below the 31% annual growth rate the segment posted last year, but the deceleration isn't hugely concerning at this point.\nAppian has a market capitalization of roughly $6.4 billion and is valued at approximately 18 times this year's expected sales. That's still a highly growth-dependent valuation, but demand for accessible software development and process automation services could increase dramatically over the next decade and beyond, and the business has a long runway for expansion. For patient investors, Appian stock could go on to be a big winner.\n2. Baozun\nBaozun (NASDAQ:BZUN) is a China-based e-commerce services specialist that's sometimes compared to Shopify because both companies provide website-creation tools that help businesses launch and run online retail stores. With Shopify's stock up roughly 3,920% over the last five years, it's an eye-catching comparison, but there are some key distinctions investors should be aware of.\nBaozun provides website creation tools, customer management, advertising and marketing, and warehousing and order-fulfillment services, and its core customer base consists of large Western companies that are aiming to benefit from the massive and fast-growing Chinese e-commerce market. Its platform also allows companies to integrate their stores into many of China's biggest e-commerce hubs, including Alibaba's Tmall, JD.com, Tencent's WeChat, and ByteDance's Douyin (the Chinese version of TikTok).\nBaozun has a leading position in its corner of the e-commerce market, but it's fair to say that the business has given investors reason to be cautious over the last few years. Despite shifting some focus away from warehousing and order fulfillment services in favor of prioritizing its web platform, margins have grown at slower than expected rates -- and actually contracted in some quarters.\nSales and earnings growth have been uneven despite signs of progress on some important fronts, and the company has also raised funding for growth initiatives through substantial new share offerings that have diluted the stock. Factor in geopolitical concerns stemming from tensions between the U.S. and China, and it's not hard to see why Baozun's stock performance has lagged far behind Shopify's.\nDespite surging roughly 417% over the last five years, Baozun's stock price is actually down about 45% over the last three-year period. However, it looks like margins are starting to climb again, and the business still has big growth potential as it caters to Western brands and moves to expand adoption of its services among large and small domestic businesses.\nWith the company valued at roughly $2.7 billion and its stock trading at approximately 26.5 times this year's expected earnings, Baozun offers investors an attractive risk-reward dynamic and could wind up crushing expectations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":150633982,"gmtCreate":1624895363146,"gmtModify":1703847460409,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ADSK\">$Autodesk(ADSK)$</a>lets break 300","listText":"<a href=\"https://laohu8.com/S/ADSK\">$Autodesk(ADSK)$</a>lets break 300","text":"$Autodesk(ADSK)$lets break 300","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/150633982","isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163343426,"gmtCreate":1623860488065,"gmtModify":1703821842958,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/163343426","repostId":"2143978737","repostType":4,"repost":{"id":"2143978737","pubTimestamp":1623857100,"share":"https://ttm.financial/m/news/2143978737?lang=&edition=fundamental","pubTime":"2021-06-16 23:25","market":"us","language":"en","title":"Facebook's Hardware Business Is Creeping Into Apple's Backyard","url":"https://stock-news.laohu8.com/highlight/detail?id=2143978737","media":"Motley Fool","summary":"But Apple shouldn't lose any sleep over Facebook's smartwatch plans.","content":"<p><b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.</p>\n<p>Facebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge <b>Apple</b> (NASDAQ:AAPL) in the smartwatch market?</p>\n<h2>Why is Facebook developing a smartwatch?</h2>\n<p>Facebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.</p>\n<p>Facebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.</p>\n<p>Looking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.</p>\n<p>Meanwhile, Facebook's Portal devices haven't gained much momentum against <b>Amazon</b> (NASDAQ:AMZN) or <b>Alphabet</b>'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.</p>\n<p>When you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.</p>\n<h2>But let's not get ahead of ourselves... yet</h2>\n<p>Facebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.</p>\n<p>That would make Facebook a tiny smartwatch maker compared to <b>Apple</b> (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.</p>\n<p>Facebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.</p>\n<p>Facebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.</p>\n<h2>The key takeaways</h2>\n<p>The global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.</p>\n<p>But investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.</p>\n<p>Instead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.</p>","source":"fool_stock","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>Facebook's Hardware Business Is Creeping Into Apple's Backyard</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\">\nFacebook's Hardware Business Is Creeping Into Apple's Backyard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:25 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","09086":"华夏纳指-U","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143978737","content_text":"Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.\nFacebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge Apple (NASDAQ:AAPL) in the smartwatch market?\nWhy is Facebook developing a smartwatch?\nFacebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.\nFacebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.\nLooking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.\nMeanwhile, Facebook's Portal devices haven't gained much momentum against Amazon (NASDAQ:AMZN) or Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.\nWhen you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.\nBut let's not get ahead of ourselves... yet\nFacebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.\nThat would make Facebook a tiny smartwatch maker compared to Apple (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.\nFacebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.\nFacebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.\nThe key takeaways\nThe global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.\nBut investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.\nInstead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145329607,"gmtCreate":1626190692509,"gmtModify":1703755295480,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy","listText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy","text":"$Atossa Genetics(ATOS)$looks like this stock is preparing to take off. As long as we close above 6 by today, I am happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145329607","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160313040,"gmtCreate":1623772065680,"gmtModify":1703819022903,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160313040","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","pubTimestamp":1623762167,"share":"https://ttm.financial/m/news/1191245053?lang=&edition=fundamental","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p>\n<p>So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p>\n<p>Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p>\n<p><img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p>\n<p>It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p>\n<p><img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p>\n<p><img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p>This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p>\n<p>Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p>\n<p><img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p>\n<p><img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p>\n<p>One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p>\n<p>As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p>\n<p><img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p>\n<p>Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 21:02 GMT+8 <a href=https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921638346,"gmtCreate":1671039230785,"gmtModify":1676538480552,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9921638346","repostId":"9963969638","repostType":1,"repost":{"id":9963969638,"gmtCreate":1668567458425,"gmtModify":1677745765888,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","listText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","images":[{"img":"https://community-static.tradeup.com/news/e8c9b6ab16214df413c77708cf5957bf","width":"404","height":"707"},{"img":"https://community-static.tradeup.com/news/6f0ddb54cc9e55b9b9b59a0c9908bfb5","width":"358","height":"471"},{"img":"https://community-static.tradeup.com/news/d9cc4adf57a9972e62e94d321ecc6734","width":"402","height":"712"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963969638","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145322338,"gmtCreate":1626190942024,"gmtModify":1703755301687,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>This used to be my most green stocks but now it is my bottom few stocks. Still green though","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>This used to be my most green stocks but now it is my bottom few stocks. Still green though","text":"$NIO Inc.(NIO)$This used to be my most green stocks but now it is my bottom few stocks. Still green though","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145322338","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141329792,"gmtCreate":1625839492216,"gmtModify":1703749619190,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a> Why did DIDI rise so fast? Any news? I cant find it.","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a> Why did DIDI rise so fast? Any news? I cant find it.","text":"$DiDi Global Inc.(DIDI)$ Why did DIDI rise so fast? Any news? I cant find it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141329792","isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922015014,"gmtCreate":1671647915939,"gmtModify":1676538570047,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"go","listText":"go","text":"go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922015014","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144605175,"gmtCreate":1626277721097,"gmtModify":1703757064941,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>lets aim for above 7 by end of today","listText":"<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$</a>lets aim for above 7 by end of today","text":"$Atossa Genetics(ATOS)$lets aim for above 7 by end of today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144605175","isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180033094,"gmtCreate":1623163531118,"gmtModify":1704197490077,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180033094","repostId":"2141266499","repostType":4,"repost":{"id":"2141266499","pubTimestamp":1623162640,"share":"https://ttm.financial/m/news/2141266499?lang=&edition=fundamental","pubTime":"2021-06-08 22:30","market":"us","language":"en","title":"Why These 3 Meme Stocks Can Be Good Long-Term Investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2141266499","media":"Motley Fool","summary":"An influx of cash can fix a lot of problems.","content":"<p>There's no question about it. Meme stocks are risky. Any stock that is volatile enough that it can jump by more than 20% in a given day can send your portfolio on a wild roller coaster ride. However, that doesn't mean you should always avoid these types of stocks.</p>\n<p>Over the long term, stocks such as <b>Sundial Growers </b>(NASDAQ:SNDL), <b>GameStop </b>(NYSE:GME), and <b>AMC Entertainment </b>(NYSE:AMC) could turn out to be great investments. Although there is considerable risk with investing in these stocks, the potential returns may be significant.</p>\n<p><img src=\"https://static.tigerbbs.com/a645ba6ab64f3b1db95215ce833cd0f3\" tg-width=\"700\" tg-height=\"421\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>1. Sundial Growers</h3>\n<p>Earlier this year, Sundial Growers' stock hit a high of $3.96. And while it's nowhere near that price today, the bullish activity that retail investors and speculators helped generate around Sundial allowed the company to raise millions through multiple share offerings. On May 7, Sundial reported an unrestricted cash balance of 753 million Canadian dollars, up from just CA$60 million at the start of the year. Since then, the company has been busy wheeling and dealing, even setting up a joint venture with SunStream Bancorp to pursue investments in the cannabis sector.</p>\n<p>Admittedly, I'm not a fan of Sundial for its existing business; its revenue has been falling and sales of CA$57 million over the past 12 months are less than the CA$72 million <b>OrganiGram</b> has generated over a similar time frame. And yet, Sundial has twice the market cap. But cash can create opportunities for the business. As Sundial acquires or invests in other cannabis companies, it can become a much stronger and more stable investment over the long run.</p>\n<h3>2. GameStop</h3>\n<p>The poster child for meme stocks is, without a doubt, GameStop. The video game retailer looked like its future was doomed in an era where people are making more of their purchases online. But there's hope for the company, with its new Chairman Ryan Cohen leading a transition toward e-commerce and away from brick-and-mortar stores. GameStop is also getting in on the non-fungible token (NFT) hype, recently launching a new site dedicated to NFTs and announcing that it is looking to hire a variety of positions for the new area of its business.</p>\n<p>Like Sundial, GameStop took advantage of its growing popularity -- its shares have soared more than 1,300% year to date (the pot stock has risen 140% while the <b>S&P 500</b> is up just 12%) -- and it recently issued 3.5 million new shares to raise $551 million. All that additional cash can help fuel its transformation and allow the company to pursue other growth opportunities as they come up.</p>\n<p>The <a href=\"https://laohu8.com/S/AONE\">one</a> big risk with GameStop, however, is in determining what price to pay for the stock. While it may be appealing to buy if it falls below $150 (which is around its recent lows), it closed last week at $100 higher than that price. Even if you decide that GameStop is worth the risk, it's important to have a price in mind as this fast-moving stock has proven to be unpredictable this year.</p>\n<h3>3. AMC</h3>\n<p>Shares of AMC have skyrocketed even higher this year and are up more than 2,300%. However, the company is also the riskiest <a href=\"https://laohu8.com/S/AONE.U\">one</a> on this list. It faces significant challenges ahead with long-term debt totaling more than $5.4 billion. And with cash and cash equivalents of just $813 million as of March 31, it would have looked like an unlikely scenario for AMC to dig itself out of this hole. But its strong share price could help alleviate some of those concerns.</p>\n<p>On June 3, the company announced that it brought in $587 million from a new offering. That brings the total additional equity it has raised during the quarter to $1.2 billion. AMC is now exploring possible acquisitions within its industry, which could lure in more growth-oriented investors. Meanwhile, it is also seeking shareholder support to issue 25 million more shares.</p>\n<p>Now that the economy is opening back up and people are back to visiting movie theaters, the near future looks brighter for the company, especially with all that extra equity and the possible growth opportunities ahead. While there is still significant risk here -- AMC has burned through $1.3 billion in cash from its day-to-day operating activities over the past 12 months -- there is also potential for the company to rise in value. However, a lot of AMC's long-term success will ultimately depend on what opportunities it ends up pursuing, its debt load, and if demand returns to pre-pandemic levels. These are still some very big question marks today.</p>\n<p>But even if you're a risk taker, like with GameStop, you'll want to be careful with what price you pay for this incredibly volatile stock. AMC is just coming off a new 52-week high.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why These 3 Meme Stocks Can Be Good Long-Term Investments</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy These 3 Meme Stocks Can Be Good Long-Term Investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 22:30 GMT+8 <a href=https://www.fool.com/investing/2021/06/08/why-these-3-meme-stocks-can-be-good-long-term-inve/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's no question about it. Meme stocks are risky. Any stock that is volatile enough that it can jump by more than 20% in a given day can send your portfolio on a wild roller coaster ride. However, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/08/why-these-3-meme-stocks-can-be-good-long-term-inve/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","SNDL":"SNDL Inc.","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/08/why-these-3-meme-stocks-can-be-good-long-term-inve/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141266499","content_text":"There's no question about it. Meme stocks are risky. Any stock that is volatile enough that it can jump by more than 20% in a given day can send your portfolio on a wild roller coaster ride. However, that doesn't mean you should always avoid these types of stocks.\nOver the long term, stocks such as Sundial Growers (NASDAQ:SNDL), GameStop (NYSE:GME), and AMC Entertainment (NYSE:AMC) could turn out to be great investments. Although there is considerable risk with investing in these stocks, the potential returns may be significant.\n\nImage source: Getty Images.\n1. Sundial Growers\nEarlier this year, Sundial Growers' stock hit a high of $3.96. And while it's nowhere near that price today, the bullish activity that retail investors and speculators helped generate around Sundial allowed the company to raise millions through multiple share offerings. On May 7, Sundial reported an unrestricted cash balance of 753 million Canadian dollars, up from just CA$60 million at the start of the year. Since then, the company has been busy wheeling and dealing, even setting up a joint venture with SunStream Bancorp to pursue investments in the cannabis sector.\nAdmittedly, I'm not a fan of Sundial for its existing business; its revenue has been falling and sales of CA$57 million over the past 12 months are less than the CA$72 million OrganiGram has generated over a similar time frame. And yet, Sundial has twice the market cap. But cash can create opportunities for the business. As Sundial acquires or invests in other cannabis companies, it can become a much stronger and more stable investment over the long run.\n2. GameStop\nThe poster child for meme stocks is, without a doubt, GameStop. The video game retailer looked like its future was doomed in an era where people are making more of their purchases online. But there's hope for the company, with its new Chairman Ryan Cohen leading a transition toward e-commerce and away from brick-and-mortar stores. GameStop is also getting in on the non-fungible token (NFT) hype, recently launching a new site dedicated to NFTs and announcing that it is looking to hire a variety of positions for the new area of its business.\nLike Sundial, GameStop took advantage of its growing popularity -- its shares have soared more than 1,300% year to date (the pot stock has risen 140% while the S&P 500 is up just 12%) -- and it recently issued 3.5 million new shares to raise $551 million. All that additional cash can help fuel its transformation and allow the company to pursue other growth opportunities as they come up.\nThe one big risk with GameStop, however, is in determining what price to pay for the stock. While it may be appealing to buy if it falls below $150 (which is around its recent lows), it closed last week at $100 higher than that price. Even if you decide that GameStop is worth the risk, it's important to have a price in mind as this fast-moving stock has proven to be unpredictable this year.\n3. AMC\nShares of AMC have skyrocketed even higher this year and are up more than 2,300%. However, the company is also the riskiest one on this list. It faces significant challenges ahead with long-term debt totaling more than $5.4 billion. And with cash and cash equivalents of just $813 million as of March 31, it would have looked like an unlikely scenario for AMC to dig itself out of this hole. But its strong share price could help alleviate some of those concerns.\nOn June 3, the company announced that it brought in $587 million from a new offering. That brings the total additional equity it has raised during the quarter to $1.2 billion. AMC is now exploring possible acquisitions within its industry, which could lure in more growth-oriented investors. Meanwhile, it is also seeking shareholder support to issue 25 million more shares.\nNow that the economy is opening back up and people are back to visiting movie theaters, the near future looks brighter for the company, especially with all that extra equity and the possible growth opportunities ahead. While there is still significant risk here -- AMC has burned through $1.3 billion in cash from its day-to-day operating activities over the past 12 months -- there is also potential for the company to rise in value. However, a lot of AMC's long-term success will ultimately depend on what opportunities it ends up pursuing, its debt load, and if demand returns to pre-pandemic levels. These are still some very big question marks today.\nBut even if you're a risk taker, like with GameStop, you'll want to be careful with what price you pay for this incredibly volatile stock. AMC is just coming off a new 52-week high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180094423,"gmtCreate":1623163437062,"gmtModify":1704197486194,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180094423","repostId":"2141264328","repostType":4,"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925318794,"gmtCreate":1671930676918,"gmtModify":1676538611776,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"merry christmas","listText":"merry christmas","text":"merry christmas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925318794","isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922012496,"gmtCreate":1671647905216,"gmtModify":1676538570040,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"go","listText":"go","text":"go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922012496","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180030166,"gmtCreate":1623163486455,"gmtModify":1704197487326,"author":{"id":"3586248997571861","authorId":"3586248997571861","name":"Jikukan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586248997571861","authorIdStr":"3586248997571861"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180030166","repostId":"2141264328","repostType":4,"repost":{"id":"2141264328","pubTimestamp":1623162620,"share":"https://ttm.financial/m/news/2141264328?lang=&edition=fundamental","pubTime":"2021-06-08 22:30","market":"us","language":"en","title":"2 Potentially Explosive Stocks to Buy in June","url":"https://stock-news.laohu8.com/highlight/detail?id=2141264328","media":"Motley Fool","summary":"If you're willing to take on risk, owning stock in these companies could make you rich.","content":"<p>Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take <b>Amazon</b> and <b>Netflix</b>, for example. If you invested in either of these companies early in their publicly traded histories and held on to your shares, you would have enjoyed incredible gains. However, investors didn't even have to get in super early to enjoy life-changing returns with these companies.</p>\n<p>E-commerce and streaming video were already fairly well established a decade ago, but many investors correctly saw that these industries still had huge room for growth. If you made a $10,000 investment in Netflix stock 10 years ago, your holdings would now be worth roughly $132,000. That same $10,000 investment in Amazon stock would be worth about $173,000 at today's prices.</p>\n<p>Growth-dependent tech stocks are prone to volatile pricing swings, but taking a buy-and-hold approach to quality companies in the space can transform your portfolio's performance. Read on for a look at two companies that could deliver huge returns for risk-tolerant investors.</p>\n<p><img src=\"https://static.tigerbbs.com/d5f5f38a6fbdad8558b62e795c8b4d3e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>1. Appian</p>\n<p><b>Appian</b> (NASDAQ:APPN) provides a software development platform that allows users to quickly build and deploy applications. The company's app-building service allows users to \"drag and drop\" different features and processes into projects, creating a streamlined and accessible approach to software development. This setup can help companies complete projects faster and it allows even relatively inexperienced developers to create applications that improve workflow efficiency.</p>\n<p>Software will only become increasingly essential to business success, and Appian should have plenty of opportunities to attract new clients and boost spending on its platform. However, you probably wouldn't get that impression if you looked at its stock performance in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/22e3f29f0a174d8c0f0da174104a13d5\" tg-width=\"720\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p>\n<p>APPN data by YCharts</p>\n<p>After an impressive run, the stock price has plummeted roughly 65% from the record high it hit earlier this year. What's at the root of the crushing sell-off? For <a href=\"https://laohu8.com/S/AONE\">one</a>, tech stocks have felt the squeeze as investors have rotated into economic reopening plays and value-oriented names. Slowing growth at Appian has also weighed on the company's valuation.</p>\n<p>Revenue climbed just 13% year over year in the quarter to reach $88.9 million, although that doesn't tell the whole story because the company is still in the process of pivoting to a more subscription-heavy business model. Overall subscription revenue rose 26% compared to the prior-year period to reach $63.8 million, which is still significantly below the 31% annual growth rate the segment posted last year, but the deceleration isn't hugely concerning at this point.</p>\n<p>Appian has a market capitalization of roughly $6.4 billion and is valued at approximately 18 times this year's expected sales. That's still a highly growth-dependent valuation, but demand for accessible software development and process automation services could increase dramatically over the next decade and beyond, and the business has a long runway for expansion. For patient investors, Appian stock could go on to be a big winner.</p>\n<h3>2. Baozun</h3>\n<p><b>Baozun</b> (NASDAQ:BZUN) is a China-based e-commerce services specialist that's sometimes compared to <b>Shopify</b> because both companies provide website-creation tools that help businesses launch and run online retail stores. With Shopify's stock up roughly 3,920% over the last five years, it's an eye-catching comparison, but there are some key distinctions investors should be aware of.</p>\n<p>Baozun provides website creation tools, customer management, advertising and marketing, and warehousing and order-fulfillment services, and its core customer base consists of large Western companies that are aiming to benefit from the massive and fast-growing Chinese e-commerce market. Its platform also allows companies to integrate their stores into many of China's biggest e-commerce hubs, including <b>Alibaba</b>'s Tmall, <b>JD.com</b>, <b>Tencent</b>'s WeChat, and ByteDance's Douyin (the Chinese version of TikTok).</p>\n<p>Baozun has a leading position in its corner of the e-commerce market, but it's fair to say that the business has given investors reason to be cautious over the last few years. Despite shifting some focus away from warehousing and order fulfillment services in favor of prioritizing its web platform, margins have grown at slower than expected rates -- and actually contracted in some quarters.</p>\n<p>Sales and earnings growth have been uneven despite signs of progress on some important fronts, and the company has also raised funding for growth initiatives through substantial new share offerings that have diluted the stock. Factor in geopolitical concerns stemming from tensions between the U.S. and China, and it's not hard to see why Baozun's stock performance has lagged far behind Shopify's.</p>\n<p>Despite surging roughly 417% over the last five years, Baozun's stock price is actually down about 45% over the last three-year period. However, it looks like margins are starting to climb again, and the business still has big growth potential as it caters to Western brands and moves to expand adoption of its services among large and small domestic businesses.</p>\n<p>With the company valued at roughly $2.7 billion and its stock trading at approximately 26.5 times this year's expected earnings, Baozun offers investors an attractive risk-reward dynamic and could wind up crushing expectations.</p>","source":"fool_stock","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>2 Potentially Explosive Stocks to Buy in June</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\">\n2 Potentially Explosive Stocks to Buy in June\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 22:30 GMT+8 <a href=https://www.fool.com/investing/2021/06/08/2-potentially-explosive-stocks-to-buy-in-june/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take Amazon and Netflix, for example. If you invested in either of these companies early ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/08/2-potentially-explosive-stocks-to-buy-in-june/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APPN":"Appian Corp","BZUN":"宝尊电商"},"source_url":"https://www.fool.com/investing/2021/06/08/2-potentially-explosive-stocks-to-buy-in-june/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141264328","content_text":"Owning just a couple of stocks that post explosive gains can be a life-changing experience for your finances. Take Amazon and Netflix, for example. If you invested in either of these companies early in their publicly traded histories and held on to your shares, you would have enjoyed incredible gains. However, investors didn't even have to get in super early to enjoy life-changing returns with these companies.\nE-commerce and streaming video were already fairly well established a decade ago, but many investors correctly saw that these industries still had huge room for growth. If you made a $10,000 investment in Netflix stock 10 years ago, your holdings would now be worth roughly $132,000. That same $10,000 investment in Amazon stock would be worth about $173,000 at today's prices.\nGrowth-dependent tech stocks are prone to volatile pricing swings, but taking a buy-and-hold approach to quality companies in the space can transform your portfolio's performance. Read on for a look at two companies that could deliver huge returns for risk-tolerant investors.\n\nImage source: Getty Images.\n1. Appian\nAppian (NASDAQ:APPN) provides a software development platform that allows users to quickly build and deploy applications. The company's app-building service allows users to \"drag and drop\" different features and processes into projects, creating a streamlined and accessible approach to software development. This setup can help companies complete projects faster and it allows even relatively inexperienced developers to create applications that improve workflow efficiency.\nSoftware will only become increasingly essential to business success, and Appian should have plenty of opportunities to attract new clients and boost spending on its platform. However, you probably wouldn't get that impression if you looked at its stock performance in recent months.\n\nAPPN data by YCharts\nAfter an impressive run, the stock price has plummeted roughly 65% from the record high it hit earlier this year. What's at the root of the crushing sell-off? For one, tech stocks have felt the squeeze as investors have rotated into economic reopening plays and value-oriented names. Slowing growth at Appian has also weighed on the company's valuation.\nRevenue climbed just 13% year over year in the quarter to reach $88.9 million, although that doesn't tell the whole story because the company is still in the process of pivoting to a more subscription-heavy business model. Overall subscription revenue rose 26% compared to the prior-year period to reach $63.8 million, which is still significantly below the 31% annual growth rate the segment posted last year, but the deceleration isn't hugely concerning at this point.\nAppian has a market capitalization of roughly $6.4 billion and is valued at approximately 18 times this year's expected sales. That's still a highly growth-dependent valuation, but demand for accessible software development and process automation services could increase dramatically over the next decade and beyond, and the business has a long runway for expansion. For patient investors, Appian stock could go on to be a big winner.\n2. Baozun\nBaozun (NASDAQ:BZUN) is a China-based e-commerce services specialist that's sometimes compared to Shopify because both companies provide website-creation tools that help businesses launch and run online retail stores. With Shopify's stock up roughly 3,920% over the last five years, it's an eye-catching comparison, but there are some key distinctions investors should be aware of.\nBaozun provides website creation tools, customer management, advertising and marketing, and warehousing and order-fulfillment services, and its core customer base consists of large Western companies that are aiming to benefit from the massive and fast-growing Chinese e-commerce market. Its platform also allows companies to integrate their stores into many of China's biggest e-commerce hubs, including Alibaba's Tmall, JD.com, Tencent's WeChat, and ByteDance's Douyin (the Chinese version of TikTok).\nBaozun has a leading position in its corner of the e-commerce market, but it's fair to say that the business has given investors reason to be cautious over the last few years. Despite shifting some focus away from warehousing and order fulfillment services in favor of prioritizing its web platform, margins have grown at slower than expected rates -- and actually contracted in some quarters.\nSales and earnings growth have been uneven despite signs of progress on some important fronts, and the company has also raised funding for growth initiatives through substantial new share offerings that have diluted the stock. Factor in geopolitical concerns stemming from tensions between the U.S. and China, and it's not hard to see why Baozun's stock performance has lagged far behind Shopify's.\nDespite surging roughly 417% over the last five years, Baozun's stock price is actually down about 45% over the last three-year period. 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