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Mark Shagal

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- Mark ShagalMark Shagal
  ·2023-03-17
  ‌[得意] ‌
  Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx
  Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx
  Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx
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- Mark ShagalMark Shagal
  ·2023-03-17
  test
  Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx
  Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx
  Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx
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- Mark ShagalMark Shagal
  ·2023-03-13
  Chat GPT is the future
  ChatGPT Says These 5 Tech Stocks Can Make You Rich in 5 Years
  I asked ChatGPT for five tech stocks that will make me rich in five years.Despite the chatbot’s advi
  ChatGPT Says These 5 Tech Stocks Can Make You Rich in 5 Years
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- Mark ShagalMark Shagal
  ·2022-12-02
  ‌$Apple(AAPL)$ ‌test
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- Mark ShagalMark Shagal
  ·2022-01-29
  Interesting
  Bitcoin’s Record Stocks Correlation Could Turn Into a Lifeline
  Bitcoin’s correlation with U.S. stocks reaches all-time highIf shares rebound, that could lift Bitco
  Bitcoin’s Record Stocks Correlation Could Turn Into a Lifeline
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Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4574":"无人驾驶","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4573":"虚拟现实","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4505":"高瓴资本持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0308772762.SGD":"Blackrock Global Allocation A2 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FedEx","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949280379,"gmtCreate":1678687388591,"gmtModify":1678689348340,"author":{"id":"4102892299720430","authorId":"4102892299720430","name":"Mark Shagal","avatar":"https://static.itradeup.com/news/c9f3a39d6823de2c41dc7b8700a1ab38","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4102892299720430","idStr":"4102892299720430"},"themes":[],"htmlText":"Chat GPT is the future","listText":"Chat GPT is the future","text":"Chat GPT is the future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949280379","repostId":"2318502739","repostType":2,"repost":{"id":"2318502739","pubTimestamp":1678686286,"share":"https://ttm.financial/m/news/2318502739?lang=&edition=fundamental","pubTime":"2023-03-13 13:44","market":"us","language":"en","title":"ChatGPT Says These 5 Tech Stocks Can Make You Rich in 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2318502739","media":"InvestorPlace","summary":"I asked ChatGPT for five tech stocks that will make me rich in five years.Despite the chatbot’s advi","content":"<html><head></head><body><ul><li>I asked ChatGPT for five tech stocks that will make me rich in five years.</li><li>Despite the chatbot’s advisory against its financial predictive powers, it managed to produce a pretty sound, albeit basic, list.</li><li>The language model AI suggested four of the top five tech companies by market capitalization, including names like Amazon (AMZN) and Apple (AAPL).</li></ul><p><img src=\"https://static.tigerbbs.com/768811b4c4a62dd64c5789bf7a347c51\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Ascannio / Shutterstock.com</p><p>With people worldwide quickly discovering the potential a tool like <b>OpenAI’s</b> ChatGPT can offer, stocks have risen rapidly as a particularly fascinating discussion area. Indeed, despite the AI chatbot’s warning over its inability to provide financial advice, it’s actually quite open to making suggestions. This time around, I asked the prolific chatbot for advice on which tech stocks to buy that’ll make me rich. And miraculously, it answered.</p><p>The language model grabbed five big-name tech stocks in response to the request for “Five tech stocks that will make me rich in five years.” These include:</p><ol><li><a href=\"https://laohu8.com/S/AMZN\">Amazon</a></li><li><a href=\"https://laohu8.com/S/AAPL\">Apple</a></li><li><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a></li><li><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></li><li><a href=\"https://laohu8.com/S/SQ\">Square</a></li></ol><p>While probably not the most daring set of stock picks, you have to appreciate the chatbot’s willingness and justification behind its choices. ChatGPT presented relatively strong cases backing all of its stock picks.</p><p>What’s behind the chatbot’s not-so-surprising stock picks?</p><h2>Behind ChatGPT’s Tech Stocks of Choice</h2><p>Starting at the top with perhaps the most predictable tech stock, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> is both well-known, highly diversified, and has enjoyed strong growth throughout almost all of its existence.</p><p>“Amazon is a giant e-commerce company that offers various products and services worldwide. Amazon’s revenue growth has been consistent, with a 38% increase in 2020 alone,” the chatbot produced.</p><p>Likewise, the chatbot honed in on <a href=\"https://laohu8.com/S/AAPL\">Apple</a>’s “history of innovation,” Alphabet’s position as the “leading search engine,” and Nvidia’s position atop the semiconductor industry.</p><p>“NVIDIA’s revenue growth has been impressive, with a 53% increase in 2020. NVIDIA’s GPUs are widely used in gaming, artificial intelligence, and other high-performance computing applications.”</p><p>While it is strange to see the chatbot refer to earnings figures that are now almost three years old, a product of the AI’s limited access to current information, perhaps even more surprising is how relevant its picks still are.</p><p>Perhaps the most shocking inclusion on the list is Square, which became <a href=\"https://laohu8.com/S/SQ\">Block</a> as of Dec. 1, 2021 (a date probably outside of the bot’s dataset). The only company outside the top five tech companies by market capitalization, Square is an undisputed head-scratcher compared to the likes of <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> or <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>.</p><p>My initial reaction to Microsoft’s exclusion was that the chatbot hesitated to promote a company directly invested in the AI. However, my concerns were quickly dismissed after discovering that a near-arbitrary change to my query pushed ChatGPT to suggest Microsoft and Tesla instead of Nvidia and Square, respectively.</p></body></html>","source":"investorplace","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>ChatGPT Says These 5 Tech Stocks Can Make You Rich in 5 Years</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\">\nChatGPT Says These 5 Tech Stocks Can Make You Rich in 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-13 13:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/03/chatgpt-says-these-5-tech-stocks-can-make-you-rich-in-5-years/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I asked ChatGPT for five tech stocks that will make me rich in five years.Despite the chatbot’s advisory against its financial predictive powers, it managed to produce a pretty sound, albeit basic, ...</p>\n\n<a href=\"https://investorplace.com/2023/03/chatgpt-says-these-5-tech-stocks-can-make-you-rich-in-5-years/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊","NVDA":"英伟达","SQ":"Block","GOOGL":"谷歌A"},"source_url":"https://investorplace.com/2023/03/chatgpt-says-these-5-tech-stocks-can-make-you-rich-in-5-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318502739","content_text":"I asked ChatGPT for five tech stocks that will make me rich in five years.Despite the chatbot’s advisory against its financial predictive powers, it managed to produce a pretty sound, albeit basic, list.The language model AI suggested four of the top five tech companies by market capitalization, including names like Amazon (AMZN) and Apple (AAPL).Source: Ascannio / Shutterstock.comWith people worldwide quickly discovering the potential a tool like OpenAI’s ChatGPT can offer, stocks have risen rapidly as a particularly fascinating discussion area. Indeed, despite the AI chatbot’s warning over its inability to provide financial advice, it’s actually quite open to making suggestions. This time around, I asked the prolific chatbot for advice on which tech stocks to buy that’ll make me rich. And miraculously, it answered.The language model grabbed five big-name tech stocks in response to the request for “Five tech stocks that will make me rich in five years.” These include:AmazonAppleAlphabetNvidiaSquareWhile probably not the most daring set of stock picks, you have to appreciate the chatbot’s willingness and justification behind its choices. ChatGPT presented relatively strong cases backing all of its stock picks.What’s behind the chatbot’s not-so-surprising stock picks?Behind ChatGPT’s Tech Stocks of ChoiceStarting at the top with perhaps the most predictable tech stock, Amazon is both well-known, highly diversified, and has enjoyed strong growth throughout almost all of its existence.“Amazon is a giant e-commerce company that offers various products and services worldwide. Amazon’s revenue growth has been consistent, with a 38% increase in 2020 alone,” the chatbot produced.Likewise, the chatbot honed in on Apple’s “history of innovation,” Alphabet’s position as the “leading search engine,” and Nvidia’s position atop the semiconductor industry.“NVIDIA’s revenue growth has been impressive, with a 53% increase in 2020. NVIDIA’s GPUs are widely used in gaming, artificial intelligence, and other high-performance computing applications.”While it is strange to see the chatbot refer to earnings figures that are now almost three years old, a product of the AI’s limited access to current information, perhaps even more surprising is how relevant its picks still are.Perhaps the most shocking inclusion on the list is Square, which became Block as of Dec. 1, 2021 (a date probably outside of the bot’s dataset). The only company outside the top five tech companies by market capitalization, Square is an undisputed head-scratcher compared to the likes of Microsoft or Tesla.My initial reaction to Microsoft’s exclusion was that the chatbot hesitated to promote a company directly invested in the AI. However, my concerns were quickly dismissed after discovering that a near-arbitrary change to my query pushed ChatGPT to suggest Microsoft and Tesla instead of Nvidia and Square, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965874551,"gmtCreate":1669940327273,"gmtModify":1676538273522,"author":{"id":"4102892299720430","authorId":"4102892299720430","name":"Mark Shagal","avatar":"https://static.itradeup.com/news/c9f3a39d6823de2c41dc7b8700a1ab38","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4102892299720430","idStr":"4102892299720430"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$ &nbsp;</a>‌test","listText":"‌<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$ &nbsp;</a>‌test","text":"‌$Apple(AAPL)$ ‌test","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965874551","isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099762715,"gmtCreate":1643427544763,"gmtModify":1676533820282,"author":{"id":"4102892299720430","authorId":"4102892299720430","name":"Mark Shagal","avatar":"https://static.itradeup.com/news/c9f3a39d6823de2c41dc7b8700a1ab38","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4102892299720430","idStr":"4102892299720430"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099762715","repostId":"1162508393","repostType":2,"repost":{"id":"1162508393","pubTimestamp":1643074201,"share":"https://ttm.financial/m/news/1162508393?lang=&edition=fundamental","pubTime":"2022-01-25 09:30","market":"fut","language":"en","title":"Bitcoin’s Record Stocks Correlation Could Turn Into a Lifeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1162508393","media":"Bloomberg","summary":"Bitcoin’s correlation with U.S. stocks reaches all-time highIf shares rebound, that could lift Bitco","content":"<html><head></head><body><ul><li>Bitcoin’s correlation with U.S. stocks reaches all-time high</li><li>If shares rebound, that could lift Bitcoin and other cryptos</li></ul><p>Bitcoin is moving in tandem with stocks like never before as both slump, but that link-up could yet bring some respite for the largest cryptocurrency if shares stage a rebound.</p><p>The 40-day correlation coefficient for the digital token and the tech-heavy Nasdaq 100 has reached almost 0.66, the most in data compiled by Bloomberg since 2010. A similar correlation with the S&amp;P 500 is at a record too.</p><p><img src=\"https://static.tigerbbs.com/d066551b2caf7d3888444e7688cbe176\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>Strategists including Ed Yardeni, president of Yardeni Research, are floating the idea that equity sentiment is due a snap back, setting the stage for a rebound in stocks after recent declines. Such a revival could bolster Bitcoin and other tokens, at least for a while.</p><p>“Stocks should recover over the coming months as bond markets stabilize and corporate earnings continue to expand thanks to a resurgent global economy,” Peter Berezin, chief global strategist at BCA Research Inc., wrote in note. “This could give cryptos a temporary lift.”</p><p>Cryptocurrencies have skidded on the prospect of a reduction in the Federal Reserve stimulus that buoyed speculative assets through the pandemic. More than $1 trillion has been erased from digital coins since a November high. Bitcoin resumed declines on Monday, falling 2.5% to $34,614 at 5:21 p.m. in Hong Kong.</p><p>Chris Weston, head of research with Pepperstone Financial Pty Ltd., said the sector is “grossly oversold but momentum is to the downside and rallies are likely to be sold.”</p><p>BCA’s Berezin is skeptical about Bitcoin overall even as he sees the possibility of a short-term boost should stocks recover. His long-term target for it is just $5,000. Investors seeking to hedge risk should consider going long on Cardano, Solana and Polkadot versus Bitcoin, Litecoin, and Dogecoin, he said.</p></body></html>","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 Record Stocks Correlation Could Turn Into a Lifeline</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 Record Stocks Correlation Could Turn Into a Lifeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-25 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-24/bitcoin-s-record-stocks-correlation-could-turn-into-a-lifeline><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin’s correlation with U.S. stocks reaches all-time highIf shares rebound, that could lift Bitcoin and other cryptosBitcoin is moving in tandem with stocks like never before as both slump, but ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-24/bitcoin-s-record-stocks-correlation-could-turn-into-a-lifeline\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDX":"纳斯达克100指数","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-24/bitcoin-s-record-stocks-correlation-could-turn-into-a-lifeline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162508393","content_text":"Bitcoin’s correlation with U.S. stocks reaches all-time highIf shares rebound, that could lift Bitcoin and other cryptosBitcoin is moving in tandem with stocks like never before as both slump, but that link-up could yet bring some respite for the largest cryptocurrency if shares stage a rebound.The 40-day correlation coefficient for the digital token and the tech-heavy Nasdaq 100 has reached almost 0.66, the most in data compiled by Bloomberg since 2010. A similar correlation with the S&P 500 is at a record too.Strategists including Ed Yardeni, president of Yardeni Research, are floating the idea that equity sentiment is due a snap back, setting the stage for a rebound in stocks after recent declines. Such a revival could bolster Bitcoin and other tokens, at least for a while.“Stocks should recover over the coming months as bond markets stabilize and corporate earnings continue to expand thanks to a resurgent global economy,” Peter Berezin, chief global strategist at BCA Research Inc., wrote in note. “This could give cryptos a temporary lift.”Cryptocurrencies have skidded on the prospect of a reduction in the Federal Reserve stimulus that buoyed speculative assets through the pandemic. More than $1 trillion has been erased from digital coins since a November high. Bitcoin resumed declines on Monday, falling 2.5% to $34,614 at 5:21 p.m. in Hong Kong.Chris Weston, head of research with Pepperstone Financial Pty Ltd., said the sector is “grossly oversold but momentum is to the downside and rallies are likely to be sold.”BCA’s Berezin is skeptical about Bitcoin overall even as he sees the possibility of a short-term boost should stocks recover. His long-term target for it is just $5,000. Investors seeking to hedge risk should consider going long on Cardano, Solana and Polkadot versus Bitcoin, Litecoin, and Dogecoin, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}