Profile - To The Moon

Law8

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- Law8Law8
  ·2023-06-30
  [Miser] Hoping for a better 1/2 of 2024
  193 Comment
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- Law8Law8
  ·2021-02-28
  Anyone in? Sell put might be a good idea given the recent BTC dump
  377 Comment
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- Law8Law8
  ·2021-02-28
  I called GameStop customer service. They told me to hold..
  Gamestop And High Volatility Options
  Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from
  Gamestop And High Volatility Options
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- Law8Law8
  ·2021-02-23
  Left the STI and never looked back
  Sorry, this post has been deleted
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- Law8Law8
  ·2021-02-23
  Send alts for BTC!
  Bitcoin slips sharply from record highs
  Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in glob
  Bitcoin slips sharply from record highs
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- Law8Law8
  ·2021-02-23
  Diamond hands
  395 Comment
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- Law8Law8
  ·2021-02-20
  Still long TSLA but thinking about Nio calls
  2 Top Tech Stocks to Buy Now for Big Growth
  The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results
  2 Top Tech Stocks to Buy Now for Big Growth
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- Law8Law8
  ·2021-02-20
  $Butterfly Network Inc(BFLY)$long
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- Law8Law8
  ·2021-02-19
  Long TSLA
  Cathie Wood Adds to Tesla Wager Following Post-Bitcoin Pullback
  (Bloomberg) -- Cathie Wood’s magic touch is being put to the test following Ark Investment Managemen
  Cathie Wood Adds to Tesla Wager Following Post-Bitcoin Pullback
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- Law8Law8
  ·2021-02-18
  Price target for BTC EOY? I think 100k
  Bitcoin’s $50,000 FOMO Is Overpowering Bankers
  The Fear Of Missing Out is rippling through business and finance. But not everyone can be Elon Musk.
  Bitcoin’s $50,000 FOMO Is Overpowering Bankers
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Sell put might be a good idea given the recent BTC dump","listText":"Anyone in? Sell put might be a good idea given the recent BTC dump","text":"Anyone in? Sell put might be a good idea given the recent BTC dump","images":[{"img":"https://static.tigerbbs.com/73c0133e342ed0f6e1298840e009fe7d","width":"1125","height":"2725"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366587806","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":366584501,"gmtCreate":1614512589703,"gmtModify":1704772185683,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"I called GameStop customer service. They told me to hold..","listText":"I called GameStop customer service. They told me to hold..","text":"I called GameStop customer service. They told me to hold..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/366584501","repostId":"1146313632","repostType":4,"repost":{"id":"1146313632","pubTimestamp":1614334339,"share":"https://ttm.financial/m/news/1146313632?lang=&edition=fundamental","pubTime":"2021-02-26 18:12","market":"us","language":"en","title":"Gamestop And High Volatility Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1146313632","media":"Options AI: Learn","summary":"Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from ","content":"<p><b>Gamestop Corp.</b>&nbsp;shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique situations that arise in the options of a highly volatile stock like Gamestop and a few things that might be considered before trading options.</p><hr><p><b>Gamestop: The Expected Move</b></p><p>First, a look at how options are pricing upcoming moves. Here's theOptions AIexpected move chart for Gamestop, with a nearly 30% move being priced into this Friday's close. And a roughly 80% move being priced for the next month. A month that includes an earnings event (unconfirmed):</p><p><img src=\"https://static.tigerbbs.com/e35872724d8db887fa09d822d622ac8c\" tg-width=\"568\" tg-height=\"817\" referrerpolicy=\"no-referrer\"></p><p>Gamestop: Call Spreads vs Outright Calls</p><p>Using March 19th as an expiry we first looks at bullish spreads, and compare directly to outright calls. With a stock as volatile as Gamestop, calls can be expensive. Because of that, many traders resort to buying far out of the money calls. That demand for upside calls increases volatility in those calls, making them expensive relative to at-the-money calls – a phenomenon known as skew. However, for those that are bullish, this may create an opportunity to utilize spreads rather than buying an outright call. Let's see how.</p><p>Here we'll focus on one alternative – using debit spreads to lower the overall cost of a directional trade (while potentially improving the probability of profit of the trade itself by lowering the breakeven level). It does so by selling those relatively expensive out-the-money Calls to help finance the purchase of a nearer to at-the-money Call.</p><p>With Gamestop near $105, the&nbsp;<b>March 19th 110/190 Debit Call Spread</b>&nbsp;is roughly $15 and targets the bullish expected move for March 19th. The debit call spread would need the stock to be above $125 on March 19th to be profitable.</p><p>As a comparison, the GME March 19th 200 calls are trading $29. That's nearly twice the cost for a 200 call that needs the stock above $229 by March 19th… versus a call spread, that needs the stock above $125. Here's a side by side comparison of those two trades on the Options AI chart. First, the 200 call:</p><p><img src=\"https://static.tigerbbs.com/b044a22bfbe5a8326f9aa3ebf56ed4fd\" tg-width=\"570\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>And next, the 145/200 debit call spread:</p><p><img src=\"https://static.tigerbbs.com/6cdf8545f07da48f770ef81cb4e5ac53\" tg-width=\"569\" tg-height=\"792\" referrerpolicy=\"no-referrer\"></p><p>As you can see, not only is the call spread less expensive, the point at which is becomes profitable to the upside is much closer to where the stock is currently trading. (As indicated by the grey price of the breakeven.)</p><p>A note on probability of profit. The probability of profit displayed on these trades is based on the delta being assigned to the breakeven of the trade. The fact that a 200 call in a $105 stock is trading near 50 deltas shows just how distorting an effect Gamestop volatility is having on its options (hard to borrow, skew, retail demand for out-of-the-money calls).</p><p>Directional Butterflies vs Outright Puts</p><p>High volatility also affects bearish options trades. One of the counter-intuitive aspects of a high volatility stock like Gamestop is that its implied volatility can go up as the stock goes higher and down as the stock goes lower. This is the opposite of how we generally think about volatility. Therefore, buying outright puts carries a risk of collapsing volatility (and therefore collapsing premiums) as the stock goes lower. So, even though the stock is moving in the intended direction, as an option holder you may not be realizing the gains expected.</p><p>One way to counter high implied volatility in a stock, especially when having a bearish view, is to be a net seller of option premium. To sell to bullish option traders rather than join bearish option traders. Traditionally that might take the form of selling a Credit Call Spread. But in GME's case that means buying the (expensive) upper strike Call at a higher volatility than the Call that is closer to the money (as described above).</p><p>So, one option strategy that can be considered by traders is using a Butterfly. An option trade that is more typically associated with a neutral trading view, but here adapted to actually create a targeted (bearish) directional view.</p><p>Here, as an example, is a Butterfly with its center strikes focused at $80 in the stock, with a March 19th expiry:</p><p><img src=\"https://static.tigerbbs.com/f7cb8f9b0570e854f662f3031e50ca91\" tg-width=\"573\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p>This 130/80/30 butterfly has breakevens of 115 and 45, meaning the trade is profitable if the stock is between those two prices at March 19th expiry… with a max gain occurring if the stock is at or near $80. It has the additional dynamic of being short premium, and if the stock stays within its range would see mark to market gains if implied volatility compressed.</p>","source":"lsy1614334070724","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>Gamestop And High Volatility Options</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\">\nGamestop And High Volatility Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 18:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://learn.optionsai.com/gamestop-and-high-volatility-options/><strong>Options AI: Learn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique ...</p>\n\n<a href=\"https://learn.optionsai.com/gamestop-and-high-volatility-options/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://learn.optionsai.com/gamestop-and-high-volatility-options/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146313632","content_text":"Gamestop Corp. shares have soared the past few days with the stock up nearly 200% at one point from last week (but still down significantly from recent short squeeze highs). We'll look at the unique situations that arise in the options of a highly volatile stock like Gamestop and a few things that might be considered before trading options.Gamestop: The Expected MoveFirst, a look at how options are pricing upcoming moves. Here's theOptions AIexpected move chart for Gamestop, with a nearly 30% move being priced into this Friday's close. And a roughly 80% move being priced for the next month. A month that includes an earnings event (unconfirmed):Gamestop: Call Spreads vs Outright CallsUsing March 19th as an expiry we first looks at bullish spreads, and compare directly to outright calls. With a stock as volatile as Gamestop, calls can be expensive. Because of that, many traders resort to buying far out of the money calls. That demand for upside calls increases volatility in those calls, making them expensive relative to at-the-money calls – a phenomenon known as skew. However, for those that are bullish, this may create an opportunity to utilize spreads rather than buying an outright call. Let's see how.Here we'll focus on one alternative – using debit spreads to lower the overall cost of a directional trade (while potentially improving the probability of profit of the trade itself by lowering the breakeven level). It does so by selling those relatively expensive out-the-money Calls to help finance the purchase of a nearer to at-the-money Call.With Gamestop near $105, the March 19th 110/190 Debit Call Spread is roughly $15 and targets the bullish expected move for March 19th. The debit call spread would need the stock to be above $125 on March 19th to be profitable.As a comparison, the GME March 19th 200 calls are trading $29. That's nearly twice the cost for a 200 call that needs the stock above $229 by March 19th… versus a call spread, that needs the stock above $125. Here's a side by side comparison of those two trades on the Options AI chart. First, the 200 call:And next, the 145/200 debit call spread:As you can see, not only is the call spread less expensive, the point at which is becomes profitable to the upside is much closer to where the stock is currently trading. (As indicated by the grey price of the breakeven.)A note on probability of profit. The probability of profit displayed on these trades is based on the delta being assigned to the breakeven of the trade. The fact that a 200 call in a $105 stock is trading near 50 deltas shows just how distorting an effect Gamestop volatility is having on its options (hard to borrow, skew, retail demand for out-of-the-money calls).Directional Butterflies vs Outright PutsHigh volatility also affects bearish options trades. One of the counter-intuitive aspects of a high volatility stock like Gamestop is that its implied volatility can go up as the stock goes higher and down as the stock goes lower. This is the opposite of how we generally think about volatility. Therefore, buying outright puts carries a risk of collapsing volatility (and therefore collapsing premiums) as the stock goes lower. So, even though the stock is moving in the intended direction, as an option holder you may not be realizing the gains expected.One way to counter high implied volatility in a stock, especially when having a bearish view, is to be a net seller of option premium. To sell to bullish option traders rather than join bearish option traders. Traditionally that might take the form of selling a Credit Call Spread. But in GME's case that means buying the (expensive) upper strike Call at a higher volatility than the Call that is closer to the money (as described above).So, one option strategy that can be considered by traders is using a Butterfly. An option trade that is more typically associated with a neutral trading view, but here adapted to actually create a targeted (bearish) directional view.Here, as an example, is a Butterfly with its center strikes focused at $80 in the stock, with a March 19th expiry:This 130/80/30 butterfly has breakevens of 115 and 45, meaning the trade is profitable if the stock is between those two prices at March 19th expiry… with a max gain occurring if the stock is at or near $80. It has the additional dynamic of being short premium, and if the stock stays within its range would see mark to market gains if implied volatility compressed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369153752,"gmtCreate":1614009933276,"gmtModify":1704886952338,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"Left the STI and never looked back","listText":"Left the STI and never looked back","text":"Left the STI and never looked back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369153752","repostId":"1155156489","repostType":4,"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369153227,"gmtCreate":1614009901469,"gmtModify":1704886952010,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"Send alts for BTC!","listText":"Send alts for BTC!","text":"Send alts for BTC!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369153227","repostId":"1100241886","repostType":4,"repost":{"id":"1100241886","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613990937,"share":"https://ttm.financial/m/news/1100241886?lang=&edition=fundamental","pubTime":"2021-02-22 18:48","market":"fut","language":"en","title":"Bitcoin slips sharply from record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1100241886","media":"Reuters","summary":"Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in glob","content":"<p>Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk appetite.</p>\n<p>The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday.</p>\n<p>Bitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla Inc and Mastercard Inc to BNY Mellon.</p>\n<p>It fell as much as 6% on Monday, and was last trading down 4.4% at $54,941. Rival cryptocurrency ether fell 7% to $1,798 after also hitting a record high on Saturday.</p>\n<p>Traders said the move was largely technical, and not tied to any particular news catalyst.</p>\n<p>“We did finally see some momentum gathering over the weekend, but weekend rallies haven’t been sustainable lately,” said Joseph Edwards of Enigma Securities, a cryptocurrency broker in London.</p>\n<p>“We do tend to think that there’s a good chance of a down week and small correction coming in off of this, although it does little to dull medium-term prospects.”</p>\n<p>Tesla boss Elon Musk, whose tweets on bitcoin have added fuel to the cryptocurrency’s rally, said on Saturday the price of bitcoin and ethereum seemed high.</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>Bitcoin slips sharply from record highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin slips sharply from record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-22 18:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk appetite.</p>\n<p>The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday.</p>\n<p>Bitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla Inc and Mastercard Inc to BNY Mellon.</p>\n<p>It fell as much as 6% on Monday, and was last trading down 4.4% at $54,941. Rival cryptocurrency ether fell 7% to $1,798 after also hitting a record high on Saturday.</p>\n<p>Traders said the move was largely technical, and not tied to any particular news catalyst.</p>\n<p>“We did finally see some momentum gathering over the weekend, but weekend rallies haven’t been sustainable lately,” said Joseph Edwards of Enigma Securities, a cryptocurrency broker in London.</p>\n<p>“We do tend to think that there’s a good chance of a down week and small correction coming in off of this, although it does little to dull medium-term prospects.”</p>\n<p>Tesla boss Elon Musk, whose tweets on bitcoin have added fuel to the cryptocurrency’s rally, said on Saturday the price of bitcoin and ethereum seemed high.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100241886","content_text":"Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk appetite.\nThe most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday.\nBitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla Inc and Mastercard Inc to BNY Mellon.\nIt fell as much as 6% on Monday, and was last trading down 4.4% at $54,941. Rival cryptocurrency ether fell 7% to $1,798 after also hitting a record high on Saturday.\nTraders said the move was largely technical, and not tied to any particular news catalyst.\n“We did finally see some momentum gathering over the weekend, but weekend rallies haven’t been sustainable lately,” said Joseph Edwards of Enigma Securities, a cryptocurrency broker in London.\n“We do tend to think that there’s a good chance of a down week and small correction coming in off of this, although it does little to dull medium-term prospects.”\nTesla boss Elon Musk, whose tweets on bitcoin have added fuel to the cryptocurrency’s rally, said on Saturday the price of bitcoin and ethereum seemed high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369159501,"gmtCreate":1614009837303,"gmtModify":1704886950479,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"Diamond hands","listText":"Diamond hands","text":"Diamond hands","images":[{"img":"https://static.tigerbbs.com/871bc02a67ed9c4182943e7ee11b92b6","width":"1125","height":"2800"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369159501","isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":360010334,"gmtCreate":1613794588328,"gmtModify":1704885122199,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"Still long TSLA but thinking about Nio calls","listText":"Still long TSLA but thinking about Nio calls","text":"Still long TSLA but thinking about Nio calls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360010334","repostId":"1143100356","repostType":4,"repost":{"id":"1143100356","pubTimestamp":1613792715,"share":"https://ttm.financial/m/news/1143100356?lang=&edition=fundamental","pubTime":"2021-02-20 11:45","market":"us","language":"en","title":"2 Top Tech Stocks to Buy Now for Big Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1143100356","media":"Nasdaq","summary":"The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results ","content":"<p>The S&amp;P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.</p><p>Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results continue to pour in. Better yet, the outlook for the first quarter and the rest of 2021 has improved significantly.</p><p>Vaccine distribution will hopefully help the economy roar back by the summer and lift some of the hardest-hit areas of the economy. Meanwhile, Wall Street is banking on more spending under the Biden administration and the Fed remains firmly committed to keeping interest rates low.</p><p>All of these factors set up a bullish outlook for 2021. But instead of focusing on companies that need a vaccine to really grow, let’s look at two tech stocks that have posted big sales growth during the pandemic and are ready to expand for years within futuristic industries…</p><p><b>NIO Inc.NIO</b></p><p>Every major automaker, from FordFto Volvo, is racing to roll out more electric vehicles as they try to catch TeslaTSLA. Luckily for investors, the EV market is far from a zero-sum game and newcomers continue to enter the space. Chinese EV maker NIO is a rising star in the booming market, as its sales continue to grow. The company is also focused on autonomous driving tech, as well as batteries, which are the lifeblood of the industry.</p><p>NIO sells multiple models that are somewhat in-line with Tesla, from smaller SUVs to sedans. The company said in early January that it delivered 17,353 vehicles in the fourth quarter, which marked a 110% jump.</p><p>Overall, NIO’s full-year deliveries surged 113% to nearly 44,000 vehicles in 2020. And its January 2021 figures were even more impressive, with deliveries up 350% from the year-ago period to push its overall cumulative deliveries to 83K.</p><p>With this in mind, Zacks estimates call for NIO’s FY20 revenue to jump 120% to $2.49 billion, with FY21 projected to come in another 97% higher to reach $4.89 billion. The Chinese EV company is also expected to significantly shrink its adjusted losses during this stretch.</p><p>NIO has topped our EPS estimates in the trailing two periods and its positive earnings revisions help it land a Zacks Rank #2 (Buy) heading into the release of its Q4 results on March 1.</p><p><img src=\"https://static.tigerbbs.com/5b6233d1784a5cb7db62b437f7632a3f\" tg-width=\"620\" tg-height=\"314\" referrerpolicy=\"no-referrer\"></p><p>NIO, which rocks an “A” grade for Growth in our Style Scores system, has seen its stock skyrocket over 1,000% in the last year and 300% in the past six months. Luckily for investors who missed the ride, NIO has cooled down, up only 12% in the last three months.</p><p>At roughly $55 per share, it’s down about 13% from its late January records. The recent downturn has seen it fall from overbought in terms of the Relative Strength Index to around 45—an RSI above 70 is often regarded as overbought, with any number below 30 considered oversold.</p><p>NIO’s recent price performance could give it room to run if it’s able to impress Wall Street. And the stock jumped over 1% through morning trading Friday, as it bounces off its 50-day moving average. NIO shares also trade at a discount compared to other high-flyers at 12.7X forward sales, which marks a discount against Tesla’s 15.5X and comes in 25% below its own six-months highs.</p><p>Three out of the nine brokerage recommendations that Zacks has for NIO come in at a “Strong Buy,” with none below a “Hold.” NIO might be worth buying as a long-term play that’s far less expensive than Tesla ($784 a share), in a world where EVs already accounted for over 30% of Volvo’s new car sales in Europe in 2020. And let’s remember that China is one of the world’s largest EV markets.</p><p><b>CrowdStrikeCRWD</b></p><p>CrowdStrike is a cloud-focused cybersecurity firm that utilizes machine learning and AI to protect endpoints and cloud workloads. This is crucial in the cloud age that’s full of rapidly expanding endpoints, which include laptops, desktops, smartphones, IoT devices, and more.</p><p>Remote work and schooling pushed this area of the ever-growing cybersecurity space to the forefront, but it was already booming. More importantly, as devices proliferate and our digitally-connected world grows more complex, it becomes more vulnerable.</p><p>CrowdStrike on February announced plans to bolster its offerings through the acquisition of Humio for $400 million—expected to close in the first quarter. Humio provides high-performance cloud log management and observability technology. The deal is set to “further expand its eXtended Detection and Response (XDR) capabilities by ingesting and correlating data from any log, application or feed to deliver actionable insights and real-time protection.”</p><p><img src=\"https://static.tigerbbs.com/9f684cfbac7ba46e2cf8ab6e063461a2\" tg-width=\"620\" tg-height=\"280\" referrerpolicy=\"no-referrer\"></p><p>CrowdStrike, which went public in the summer of 2019, has soared nearly 280% in the past 12 months. More recently, the stock is up 65% in the last six months, and it already bounced back to new records—which it hit earlier in the week—after it slipped in mid-January.</p><p>The stock is firmly a growth play at the moment, trading at 42.7X forward sales, which puts it right in line with e-commerce giant ShopifySHOP. Despite its run, the stock is not currently considered overbought, with an RSI of 64.</p><p>CRWD’s positive earnings revisions help it grab a Zacks Rank #2 (Buy) at the moment, with it set to release its fourth quarter fiscal 2021 results on March 16. Meanwhile, 14 of the 19 brokerage ratings Zacks has for CRWD come in at a “Strong Buy,” with none lower than a “Hold.”</p><p>Looking back, the company crushed our Q3 estimates in December, with sales up 86%. CrowdStrike also lifted its guidance at the time. Zacks estimates currently call for it to swing from an adjusted loss of -$0.02 a share in the year-ago period to +$0.09 in the fourth quarter on 65% stronger sales.</p><p>In total, the cybersecurity firm is projected to soar from a loss of -$0.42 a share to +$0.23 in fiscal 2021. Plus, CRWD’s FY22 EPS figure is projected to climb another 70% higher, all the way to $0.39 a share. Meanwhile, its revenue is projected to jump 79% to hit $861 million in FY21 and then climb another 42% to $1.22 billion in FY22.</p><p>CrowdStrike’s expected growth would come on top of FY20’s 93% sales expansion. The stock has clearly already gone on an impressive run. But it is poised to continue to grow in a world where everything is connected and data is endless. Therefore, cybersecurity firms such as CrowdStrike might make for strong long-term growth plays.</p><p><b>These Stocks Are Poised to Soar Past the Pandemic</b>The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.</p><p>Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.</p>","source":"lsy1604288433698","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 Top Tech Stocks to Buy Now for Big Growth</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 Top Tech Stocks to Buy Now for Big Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-20 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/2-top-tech-stocks-to-buy-now-for-big-growth-2021-02-19><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/2-top-tech-stocks-to-buy-now-for-big-growth-2021-02-19\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/2-top-tech-stocks-to-buy-now-for-big-growth-2021-02-19","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143100356","content_text":"The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results continue to pour in. Better yet, the outlook for the first quarter and the rest of 2021 has improved significantly.Vaccine distribution will hopefully help the economy roar back by the summer and lift some of the hardest-hit areas of the economy. Meanwhile, Wall Street is banking on more spending under the Biden administration and the Fed remains firmly committed to keeping interest rates low.All of these factors set up a bullish outlook for 2021. But instead of focusing on companies that need a vaccine to really grow, let’s look at two tech stocks that have posted big sales growth during the pandemic and are ready to expand for years within futuristic industries…NIO Inc.NIOEvery major automaker, from FordFto Volvo, is racing to roll out more electric vehicles as they try to catch TeslaTSLA. Luckily for investors, the EV market is far from a zero-sum game and newcomers continue to enter the space. Chinese EV maker NIO is a rising star in the booming market, as its sales continue to grow. The company is also focused on autonomous driving tech, as well as batteries, which are the lifeblood of the industry.NIO sells multiple models that are somewhat in-line with Tesla, from smaller SUVs to sedans. The company said in early January that it delivered 17,353 vehicles in the fourth quarter, which marked a 110% jump.Overall, NIO’s full-year deliveries surged 113% to nearly 44,000 vehicles in 2020. And its January 2021 figures were even more impressive, with deliveries up 350% from the year-ago period to push its overall cumulative deliveries to 83K.With this in mind, Zacks estimates call for NIO’s FY20 revenue to jump 120% to $2.49 billion, with FY21 projected to come in another 97% higher to reach $4.89 billion. The Chinese EV company is also expected to significantly shrink its adjusted losses during this stretch.NIO has topped our EPS estimates in the trailing two periods and its positive earnings revisions help it land a Zacks Rank #2 (Buy) heading into the release of its Q4 results on March 1.NIO, which rocks an “A” grade for Growth in our Style Scores system, has seen its stock skyrocket over 1,000% in the last year and 300% in the past six months. Luckily for investors who missed the ride, NIO has cooled down, up only 12% in the last three months.At roughly $55 per share, it’s down about 13% from its late January records. The recent downturn has seen it fall from overbought in terms of the Relative Strength Index to around 45—an RSI above 70 is often regarded as overbought, with any number below 30 considered oversold.NIO’s recent price performance could give it room to run if it’s able to impress Wall Street. And the stock jumped over 1% through morning trading Friday, as it bounces off its 50-day moving average. NIO shares also trade at a discount compared to other high-flyers at 12.7X forward sales, which marks a discount against Tesla’s 15.5X and comes in 25% below its own six-months highs.Three out of the nine brokerage recommendations that Zacks has for NIO come in at a “Strong Buy,” with none below a “Hold.” NIO might be worth buying as a long-term play that’s far less expensive than Tesla ($784 a share), in a world where EVs already accounted for over 30% of Volvo’s new car sales in Europe in 2020. And let’s remember that China is one of the world’s largest EV markets.CrowdStrikeCRWDCrowdStrike is a cloud-focused cybersecurity firm that utilizes machine learning and AI to protect endpoints and cloud workloads. This is crucial in the cloud age that’s full of rapidly expanding endpoints, which include laptops, desktops, smartphones, IoT devices, and more.Remote work and schooling pushed this area of the ever-growing cybersecurity space to the forefront, but it was already booming. More importantly, as devices proliferate and our digitally-connected world grows more complex, it becomes more vulnerable.CrowdStrike on February announced plans to bolster its offerings through the acquisition of Humio for $400 million—expected to close in the first quarter. Humio provides high-performance cloud log management and observability technology. The deal is set to “further expand its eXtended Detection and Response (XDR) capabilities by ingesting and correlating data from any log, application or feed to deliver actionable insights and real-time protection.”CrowdStrike, which went public in the summer of 2019, has soared nearly 280% in the past 12 months. More recently, the stock is up 65% in the last six months, and it already bounced back to new records—which it hit earlier in the week—after it slipped in mid-January.The stock is firmly a growth play at the moment, trading at 42.7X forward sales, which puts it right in line with e-commerce giant ShopifySHOP. Despite its run, the stock is not currently considered overbought, with an RSI of 64.CRWD’s positive earnings revisions help it grab a Zacks Rank #2 (Buy) at the moment, with it set to release its fourth quarter fiscal 2021 results on March 16. Meanwhile, 14 of the 19 brokerage ratings Zacks has for CRWD come in at a “Strong Buy,” with none lower than a “Hold.”Looking back, the company crushed our Q3 estimates in December, with sales up 86%. CrowdStrike also lifted its guidance at the time. Zacks estimates currently call for it to swing from an adjusted loss of -$0.02 a share in the year-ago period to +$0.09 in the fourth quarter on 65% stronger sales.In total, the cybersecurity firm is projected to soar from a loss of -$0.42 a share to +$0.23 in fiscal 2021. Plus, CRWD’s FY22 EPS figure is projected to climb another 70% higher, all the way to $0.39 a share. Meanwhile, its revenue is projected to jump 79% to hit $861 million in FY21 and then climb another 42% to $1.22 billion in FY22.CrowdStrike’s expected growth would come on top of FY20’s 93% sales expansion. The stock has clearly already gone on an impressive run. But it is poised to continue to grow in a world where everything is connected and data is endless. Therefore, cybersecurity firms such as CrowdStrike might make for strong long-term growth plays.These Stocks Are Poised to Soar Past the PandemicThe COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387592352,"gmtCreate":1613752820376,"gmtModify":1704884705308,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BFLY\">$Butterfly Network Inc(BFLY)$</a>long","listText":"<a href=\"https://laohu8.com/S/BFLY\">$Butterfly Network Inc(BFLY)$</a>long","text":"$Butterfly Network Inc(BFLY)$long","images":[{"img":"https://static.tigerbbs.com/3535d1765c9ebaf0c0ce6ffa4a42f7ff","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/387592352","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":387051785,"gmtCreate":1613702050247,"gmtModify":1704883839513,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"Long TSLA","listText":"Long TSLA","text":"Long TSLA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/387051785","repostId":"2112899483","repostType":4,"repost":{"id":"2112899483","pubTimestamp":1613669518,"share":"https://ttm.financial/m/news/2112899483?lang=&edition=fundamental","pubTime":"2021-02-19 01:31","market":"us","language":"en","title":"Cathie Wood Adds to Tesla Wager Following Post-Bitcoin Pullback","url":"https://stock-news.laohu8.com/highlight/detail?id=2112899483","media":"Bloomberg","summary":"(Bloomberg) -- Cathie Wood’s magic touch is being put to the test following Ark Investment Managemen","content":"<p>(Bloomberg) -- Cathie Wood’s magic touch is being put to the test following Ark Investment Management’s decision to increase its stake in Tesla Inc.</p><p>Shares of the electronic carmaker fell as much as 2.7% to $776 in New York. Ark disclosed late Wednesday that its flagship exchange-traded fund and two others boosted their Tesla holdings.</p><p>Tesla has slumped about 10% over the past two weeks, with the decline quickening its pace after the company announced that it added about $1.5 billion in Bitcoin to its balance sheet on Feb. 8. While Tesla’s market cap shrunk during the recent slide, the cryptocurrency has surged about 30% to a record high.</p><p>Wood has been among Tesla’s most ardent supporters, as well as <a href=\"https://laohu8.com/S/AONE\">one</a> of 2020’s top stock pickers, while the company’s shares surged more than 700%. She has also been a big advocate of Bitcoin.</p><p>Ark’s flagship <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> (ARKK) bought 89,447 shares on Wednesday, representing about 0.25% of the fund. Tesla is already the top holding in the ETF. In addition, ARK Autonomous Technology &amp; Robotics ETF (ARKQ) and <a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a> (ARKW) also bought shares. Ark officials did not immediately respond to a request for comment.</p><p>While Tesla’s stunning rally last year lifted the shares of many electric vehicle-related startups, helping some to grow their market capitalizations manifold in a matter of months, that trend has started to sputter. Analysts have pointed to a steady stream of incremental development from traditional carmakers that suggest that competition in the space is about to heat up.</p><p>“We believe the traditional auto stalwarts General Motors and Ford, followed by Volkswagen’s QuantumScape news, shows that the EV party has some more guests coming,” Wedbush analyst Daniel Ives said. “It’s no longer just Tesla, Nio, Xpeng and pure plays on the EV arms race but the traditional auto players from Europe and the U.S. joining the EV party.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Adds to Tesla Wager Following Post-Bitcoin Pullback</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\">\nCathie Wood Adds to Tesla Wager Following Post-Bitcoin Pullback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 01:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cathie-wood-adds-tesla-wager-173158505.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cathie Wood’s magic touch is being put to the test following Ark Investment Management’s decision to increase its stake in Tesla Inc.Shares of the electronic carmaker fell as much as ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-adds-tesla-wager-173158505.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/tGJmBlQrQ0HGTNThZuwhvg--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://s.yimg.com/uu/api/res/1.2/x4uBJMDf.xpg_DaGAD_UVQ--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/7539995ac7a1305228347d138c03ac4d","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/cathie-wood-adds-tesla-wager-173158505.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2112899483","content_text":"(Bloomberg) -- Cathie Wood’s magic touch is being put to the test following Ark Investment Management’s decision to increase its stake in Tesla Inc.Shares of the electronic carmaker fell as much as 2.7% to $776 in New York. Ark disclosed late Wednesday that its flagship exchange-traded fund and two others boosted their Tesla holdings.Tesla has slumped about 10% over the past two weeks, with the decline quickening its pace after the company announced that it added about $1.5 billion in Bitcoin to its balance sheet on Feb. 8. While Tesla’s market cap shrunk during the recent slide, the cryptocurrency has surged about 30% to a record high.Wood has been among Tesla’s most ardent supporters, as well as one of 2020’s top stock pickers, while the company’s shares surged more than 700%. She has also been a big advocate of Bitcoin.Ark’s flagship ARK Innovation ETF (ARKK) bought 89,447 shares on Wednesday, representing about 0.25% of the fund. Tesla is already the top holding in the ETF. In addition, ARK Autonomous Technology & Robotics ETF (ARKQ) and ARK Next Generation Internet ETF (ARKW) also bought shares. Ark officials did not immediately respond to a request for comment.While Tesla’s stunning rally last year lifted the shares of many electric vehicle-related startups, helping some to grow their market capitalizations manifold in a matter of months, that trend has started to sputter. Analysts have pointed to a steady stream of incremental development from traditional carmakers that suggest that competition in the space is about to heat up.“We believe the traditional auto stalwarts General Motors and Ford, followed by Volkswagen’s QuantumScape news, shows that the EV party has some more guests coming,” Wedbush analyst Daniel Ives said. “It’s no longer just Tesla, Nio, Xpeng and pure plays on the EV arms race but the traditional auto players from Europe and the U.S. joining the EV party.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384111856,"gmtCreate":1613624563175,"gmtModify":1704882856216,"author":{"id":"3555146671125414","authorId":"3555146671125414","name":"Law8","avatar":"https://static.tigerbbs.com/df06812bb3e245a5f59e19ffbe80c4c1","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555146671125414","idStr":"3555146671125414"},"themes":[],"htmlText":"Price target for BTC EOY? I think 100k","listText":"Price target for BTC EOY? I think 100k","text":"Price target for BTC EOY? I think 100k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384111856","repostId":"1188127819","repostType":4,"repost":{"id":"1188127819","pubTimestamp":1613618258,"share":"https://ttm.financial/m/news/1188127819?lang=&edition=fundamental","pubTime":"2021-02-18 11:17","market":"us","language":"en","title":"Bitcoin’s $50,000 FOMO Is Overpowering Bankers","url":"https://stock-news.laohu8.com/highlight/detail?id=1188127819","media":"Bloomberg","summary":"The Fear Of Missing Out is rippling through business and finance. But not everyone can be Elon Musk.","content":"<blockquote>\n <b>The Fear Of Missing Out&nbsp;is rippling through&nbsp;business and finance.&nbsp;But not everyone can be Elon Musk.</b>\n</blockquote>\n<p>JPMorgan Chase &amp; Co. traders are said to be “salivating” over Bitcoin. It’s easy to see why. The cryptocurrency’s price hasshot past $50,000, double where it was on Christmas Day, creating a powerful centrifugal force of excitement — and real money judging by crypto exchange Coinbase Inc.’sreportedprofit margins of 20%.</p>\n<p>Never mind that Bitcoin’s persistent&nbsp;flaws, from relatively slow transaction speeds to&nbsp;wild price swings, make it a poor store of value or medium of exchange.&nbsp;The&nbsp;promise of life-changing wealth during lockdown is&nbsp;a strong draw for eager punters. Beyond the memes, wealthy financiers and billionaires are&nbsp;loudly loading up on digital gold, drowning out any skeptical voices.&nbsp;Elon Musk’s Tesla Inc. hasplowed$1.5 billion into Bitcoin, and wealthy hedge-funders like Paul Tudor Jones and Stanley Druckenmiller are on board.</p>\n<p>It’s hard to heed “boomer” warningscomparing the craze to 17th-century Dutch tulip maniawhen the likes of ARK Investment Management’s Cathie Wood areegging firms on to buy.</p>\n<p>No wonder the world of “legacy” corporate finance is salivating. The mood echoes how Citigroup Inc.’s former boss Chuck Prince&nbsp;depicted&nbsp;the peak of the subprime bubble: “As long as the music is playing, you’ve got to get up and dance.” Nowadays it seems everyone is adding crypto to their dance card.</p>\n<p>MasterCard Inc.and Bank of New York Mellon Corp. have announced crypto plans, while JPMorgan Co-President Daniel Pinto says his bank will“get involved” eventually.&nbsp;Some investors say they’ve bought crypto while hating every minute of it — the very definition of the Fear of Missing Out.</p>\n<p><b>The Bitcoin Aristocracy</b></p>\n<p>There are over 8,000 addresses holding balances worth over $10 million</p>\n<p><img src=\"https://static.tigerbbs.com/8cf7f475e7f3f8487eb55c370a8c6481\" tg-width=\"826\" tg-height=\"512\"></p>\n<p>Hard as it is to resist crypto FOMO, it’s still worth thinking about rules of engagement and taking a careful approach. One principle might be to remind companies of their fiduciary duty to shareholders. Simply sticking Bitcoin on the balance sheet like Teslais&nbsp;apoorhedge, as its price tumbles in times of market stress have shown. It’s not a common medium of exchange either, with merchants amounting to an estimated 1% of crypto transactions between mid-2019 and mid-2020.</p>\n<p>Most companies with a dollar cost base selling goods other than luxury cars have no real need to hold a pile of cryptocurrencies. Copying Musk is for the brave — it only works if the price keeps going up. Corporations should stick to their financial lane, not swerve onto Tesla’s. Most investors prefer for excess cash to be reinvested in operations, returned or managed appropriately.</p>\n<p>For bankers, acting as a broker for crypto clients could certainly fit into their job description. However, some caution is warranted here, too. Jean Dermine, a professor of banking at Insead,&nbsp;reckons Bitcoin touches on several areas of risk: operational risk, such as client identification and the potential for fraud; legal, especially with a decentralized global asset; and regulatory risk, given a history of lawsuits andgovernment crackdownsin the sector. And then there’s the need to protect consumers too.</p>\n<p>So while trading Bitcoin might make business sense, the risks should make it expensive to do so, with high levels of loss-absorbing capital set aside to back it.&nbsp;Switzerland, for example, has reportedly guided toward&nbsp;aflat bank risk weightof 800% for Bitcoin. That helps explain why banks have so far kept one step removed from the asset, whether via futures or taking on crypto exchanges as clients.</p>\n<p>While treading cautiously on Bitcoin, banks would do well to take a more strategic approach tothe whole crypto landscape. The future of money hasn’t been decided yet, and “legacy” finance may be better equipped to co-opt or compete against such assets than people think. Banks have been toiling away at proprietary blockchain projects, such as JPMorgan’s JPM Coin, which could save money on payments. They are natural partners for central banks’ planned digital currencies, like the digital euro.</p>\n<p>Finally, a principle for regulators. They should take a balanced approach to financial innovation without letting systemic risks get out of hand. Crypto exchanges are better regulated than they used to be, and consumer warnings are issued frequently. But if Bitcoin became deeply embedded in the global financial system, the question would inevitably arise over what to do if an asset with no government backer crashed.</p>\n<p>When the music stopped for Citi and others in the 2007-2008&nbsp;financial crisis, central banks joined hands to throw the financial system multiple lifelines — helping&nbsp;spur the creation of Bitcoin itself. It would be&nbsp;a very odd look for the Bitcoin aristocracy to be bailed out by its arch-nemesis, central bank fiat money.</p>\n<p>Bitcoin is playing an irresistible tune, but for many in the corporate-finance world, the best dance right now should be baby steps.</p>\n<p>This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.</p>\n<p>Lionel Laurent is a Bloomberg Opinion columnist covering the European Union and France. He worked previously at Reuters and Forbes.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin’s $50,000 FOMO Is Overpowering Bankers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin’s $50,000 FOMO Is Overpowering Bankers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloombergquint.com/gadfly/can-bitcoin-and-banks-mix-responsibly-the-dangers-of-taking-elon-musk-s-cue><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fear Of Missing Out is rippling through business and finance. But not everyone can be Elon Musk.\n\nJPMorgan Chase & Co. traders are said to be “salivating” over Bitcoin. It’s easy to see why. The ...</p>\n\n<a href=\"https://www.bloombergquint.com/gadfly/can-bitcoin-and-banks-mix-responsibly-the-dangers-of-taking-elon-musk-s-cue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloombergquint.com/gadfly/can-bitcoin-and-banks-mix-responsibly-the-dangers-of-taking-elon-musk-s-cue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188127819","content_text":"The Fear Of Missing Out is rippling through business and finance. But not everyone can be Elon Musk.\n\nJPMorgan Chase & Co. traders are said to be “salivating” over Bitcoin. It’s easy to see why. The cryptocurrency’s price hasshot past $50,000, double where it was on Christmas Day, creating a powerful centrifugal force of excitement — and real money judging by crypto exchange Coinbase Inc.’sreportedprofit margins of 20%.\nNever mind that Bitcoin’s persistent flaws, from relatively slow transaction speeds to wild price swings, make it a poor store of value or medium of exchange. The promise of life-changing wealth during lockdown is a strong draw for eager punters. Beyond the memes, wealthy financiers and billionaires are loudly loading up on digital gold, drowning out any skeptical voices. Elon Musk’s Tesla Inc. hasplowed$1.5 billion into Bitcoin, and wealthy hedge-funders like Paul Tudor Jones and Stanley Druckenmiller are on board.\nIt’s hard to heed “boomer” warningscomparing the craze to 17th-century Dutch tulip maniawhen the likes of ARK Investment Management’s Cathie Wood areegging firms on to buy.\nNo wonder the world of “legacy” corporate finance is salivating. The mood echoes how Citigroup Inc.’s former boss Chuck Prince depicted the peak of the subprime bubble: “As long as the music is playing, you’ve got to get up and dance.” Nowadays it seems everyone is adding crypto to their dance card.\nMasterCard Inc.and Bank of New York Mellon Corp. have announced crypto plans, while JPMorgan Co-President Daniel Pinto says his bank will“get involved” eventually. Some investors say they’ve bought crypto while hating every minute of it — the very definition of the Fear of Missing Out.\nThe Bitcoin Aristocracy\nThere are over 8,000 addresses holding balances worth over $10 million\n\nHard as it is to resist crypto FOMO, it’s still worth thinking about rules of engagement and taking a careful approach. One principle might be to remind companies of their fiduciary duty to shareholders. Simply sticking Bitcoin on the balance sheet like Teslais apoorhedge, as its price tumbles in times of market stress have shown. It’s not a common medium of exchange either, with merchants amounting to an estimated 1% of crypto transactions between mid-2019 and mid-2020.\nMost companies with a dollar cost base selling goods other than luxury cars have no real need to hold a pile of cryptocurrencies. Copying Musk is for the brave — it only works if the price keeps going up. Corporations should stick to their financial lane, not swerve onto Tesla’s. Most investors prefer for excess cash to be reinvested in operations, returned or managed appropriately.\nFor bankers, acting as a broker for crypto clients could certainly fit into their job description. However, some caution is warranted here, too. Jean Dermine, a professor of banking at Insead, reckons Bitcoin touches on several areas of risk: operational risk, such as client identification and the potential for fraud; legal, especially with a decentralized global asset; and regulatory risk, given a history of lawsuits andgovernment crackdownsin the sector. And then there’s the need to protect consumers too.\nSo while trading Bitcoin might make business sense, the risks should make it expensive to do so, with high levels of loss-absorbing capital set aside to back it. Switzerland, for example, has reportedly guided toward aflat bank risk weightof 800% for Bitcoin. That helps explain why banks have so far kept one step removed from the asset, whether via futures or taking on crypto exchanges as clients.\nWhile treading cautiously on Bitcoin, banks would do well to take a more strategic approach tothe whole crypto landscape. The future of money hasn’t been decided yet, and “legacy” finance may be better equipped to co-opt or compete against such assets than people think. Banks have been toiling away at proprietary blockchain projects, such as JPMorgan’s JPM Coin, which could save money on payments. They are natural partners for central banks’ planned digital currencies, like the digital euro.\nFinally, a principle for regulators. They should take a balanced approach to financial innovation without letting systemic risks get out of hand. Crypto exchanges are better regulated than they used to be, and consumer warnings are issued frequently. But if Bitcoin became deeply embedded in the global financial system, the question would inevitably arise over what to do if an asset with no government backer crashed.\nWhen the music stopped for Citi and others in the 2007-2008 financial crisis, central banks joined hands to throw the financial system multiple lifelines — helping spur the creation of Bitcoin itself. It would be a very odd look for the Bitcoin aristocracy to be bailed out by its arch-nemesis, central bank fiat money.\nBitcoin is playing an irresistible tune, but for many in the corporate-finance world, the best dance right now should be baby steps.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nLionel Laurent is a Bloomberg Opinion columnist covering the European Union and France. He worked previously at Reuters and Forbes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}