dwh790101 personal page - To The Moon

dwh790101

dwh790101

No personal profile

427Follow

22Followers

0Topic

0Badge

2021-08-11

okk

Senate: Enough votes to approve $550 billion cross-party infrastructure draft legislation

2021-08-06

niu

Goldman Sachs' latest report: 13 charts to see the recent market situation

2021-04-21

good

[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3495252398666385","uuid":"3495252398666385","gmtCreate":1532158378430,"gmtModify":1611915593405,"name":"dwh790101","pinyin":"dwh790101","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":22,"headSize":427,"tweetSize":167,"questionSize":0,"limitLevel":900,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-4","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Tiger Star","description":"Join the tiger community for 2000 days","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.53%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":892949241,"gmtCreate":1628636839783,"gmtModify":1676529801389,"author":{"id":"3495252398666385","authorId":"3495252398666385","name":"dwh790101","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495252398666385","idStr":"3495252398666385"},"themes":[],"htmlText":"okk","listText":"okk","text":"okk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/892949241","repostId":"2158470896","repostType":4,"repost":{"id":"2158470896","kind":"live","pubTimestamp":1628609681,"share":"https://ttm.financial/m/news/2158470896?lang=en_US&edition=fundamental","pubTime":"2021-08-10 23:34","market":"us","language":"zh","title":"Senate: Enough votes to approve $550 billion cross-party infrastructure draft legislation","url":"https://stock-news.laohu8.com/highlight/detail?id=2158470896","media":"华尔街见闻","summary":"美国国会参议院已经有足够票数批准5500亿美元跨党派基建立法草案，投票仍在继续。","content":"<p><span style=\"text-align:justify;\">The U.S. Senate has enough votes to approve the $550 billion cross-party infrastructure draft legislation, and voting is still going on.</span></p>","source":"highlight_wallstreetcn","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>Senate: Enough votes to approve $550 billion cross-party infrastructure draft legislation</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSenate: Enough votes to approve $550 billion cross-party infrastructure draft legislation\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-10 23:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><span style=\"text-align:justify;\">The U.S. Senate has enough votes to approve the $550 billion cross-party infrastructure draft legislation, and voting is still going on.</span></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/live/a-stock\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/41f81b99b97a59da55dd70fd1af475cb","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/live/a-stock","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"2158470896","content_text":"美国国会参议院已经有足够票数批准5500亿美元跨党派基建立法草案，投票仍在继续。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899628012,"gmtCreate":1628179838136,"gmtModify":1703502761839,"author":{"id":"3495252398666385","authorId":"3495252398666385","name":"dwh790101","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495252398666385","idStr":"3495252398666385"},"themes":[],"htmlText":"niu","listText":"niu","text":"niu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899628012","repostId":"1157551750","repostType":2,"repost":{"id":"1157551750","kind":"news","pubTimestamp":1628177811,"share":"https://ttm.financial/m/news/1157551750?lang=en_US&edition=fundamental","pubTime":"2021-08-05 23:36","market":"us","language":"zh","title":"Goldman Sachs' latest report: 13 charts to see the recent market situation","url":"https://stock-news.laohu8.com/highlight/detail?id=1157551750","media":"华尔街见闻","summary":"本周将是夏季剩余时间里的流动性高峰；股市的收益率正在向好……","content":"<p>Author: Yu Xudong</p><p>In a latest report,<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Traders Scott Rubner, Matthew Fleury, Matthieu Martal, Kavita Vaja and Jonas Bovbjerg summarize the market in August and past in 13 charts.</p><p>1. Currently abundant liquidity</p><p>Goldman Sachs believes that this week will be the peak of liquidity for the rest of the summer, and liquidity will enter a busy week in the coming week.</p><p><img src=\"https://static.tigerbbs.com/880861172ccda951f035a472f7c005ed\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>2. Stock yields are improving</p><p>Goldman Sachs said that the current negative correlation between SPX (S&P 500 Index) and NDX (Nasdaq Index) and 30-year yields has turned positive again, which means that stock market yields are improving.</p><p><img src=\"https://static.tigerbbs.com/3a540a0743e9a23a96f8beafc4fff7eb\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>3. Chinese concept stocks diverge again</p><p>Goldman Sachs said that the trend of Chinese concept stocks has diverged again: MSCI China's earnings per share excluding the Internet has increased by 5% year-to-date, while China's Internet earnings per share have fallen by 22% year-to-date.</p><p><img src=\"https://static.tigerbbs.com/91b30abbf71994074119b1beb495c6e5\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>4. The level of implied fragmentation in the U.S. and European markets has been rising over the past five years</p><p><img src=\"https://static.tigerbbs.com/6b72aeb35466d17504a5405a0bfed2bb\" tg-width=\"500\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p><p>5. Since the stock index has been rising, the dispersion performance has been stable</p><p><img src=\"https://static.tigerbbs.com/c7080126e3fc55e4fe89d3da0618d899\" tg-width=\"500\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>6. Since market volatility has peaked before, dispersion during the epidemic has actually been a defensive attribute</p><p><img src=\"https://static.tigerbbs.com/c661876c062e2f07e1d93bf5446775d1\" tg-width=\"500\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p><p>7. The implied volatility of the index has significantly lowered the low level of the index before and after the epidemic</p><p><img src=\"https://static.tigerbbs.com/42a018affb9b1e72964b75c3e594f27b\" tg-width=\"500\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p>8. The decline in index implied volatility in recent years is partly due to the sharp decline in the level of index implied correlation and the decline in demand for upside call options in European stock markets</p><p>Market-implied average single-stock correlation data suggests that while index implied volatility has declined since 2015 and again after the pandemic, pushing higher levels of implied dispersion, this coincides with a sharp decline in levels of implied correlation over the same period.</p><p><img src=\"https://static.tigerbbs.com/8c1d87e3b1e4b9d79e5d7dfcd2f90d42\" tg-width=\"500\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p>9. The correlation between the returns of t and t-1 in SX5E (European Stoxx 50 Index) is extremely low</p><p><img src=\"https://static.tigerbbs.com/af84b6b55759c333bfa86662821e87ec\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>10. After 2020, spread trading is at historically low levels</p><p><img src=\"https://static.tigerbbs.com/696c3dc2ca2b98fc30fd17871f9f1bd3\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>11. The current price spread of SX5E-SPX has increased significantly</p><p><img src=\"https://static.tigerbbs.com/327b9f40bb004f0ec9911d0bcab037b6\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>12. A correlation has been achieved between the broader market and momentum and the cyclicality/defensiveness of the EU</p><p><img src=\"https://static.tigerbbs.com/769d2e8bfbdd51389a15828d71dd1d71\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>13. The term structure of VOW3 has flattened significantly over the past year</p><p><img src=\"https://static.tigerbbs.com/55de07d0c110be49ba2310e4e387c513\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs' latest report: 13 charts to see the recent market situation</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs' latest report: 13 charts to see the recent market situation\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-05 23:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Author: Yu Xudong</p><p>In a latest report,<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Traders Scott Rubner, Matthew Fleury, Matthieu Martal, Kavita Vaja and Jonas Bovbjerg summarize the market in August and past in 13 charts.</p><p>1. Currently abundant liquidity</p><p>Goldman Sachs believes that this week will be the peak of liquidity for the rest of the summer, and liquidity will enter a busy week in the coming week.</p><p><img src=\"https://static.tigerbbs.com/880861172ccda951f035a472f7c005ed\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>2. Stock yields are improving</p><p>Goldman Sachs said that the current negative correlation between SPX (S&P 500 Index) and NDX (Nasdaq Index) and 30-year yields has turned positive again, which means that stock market yields are improving.</p><p><img src=\"https://static.tigerbbs.com/3a540a0743e9a23a96f8beafc4fff7eb\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>3. Chinese concept stocks diverge again</p><p>Goldman Sachs said that the trend of Chinese concept stocks has diverged again: MSCI China's earnings per share excluding the Internet has increased by 5% year-to-date, while China's Internet earnings per share have fallen by 22% year-to-date.</p><p><img src=\"https://static.tigerbbs.com/91b30abbf71994074119b1beb495c6e5\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>4. The level of implied fragmentation in the U.S. and European markets has been rising over the past five years</p><p><img src=\"https://static.tigerbbs.com/6b72aeb35466d17504a5405a0bfed2bb\" tg-width=\"500\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p><p>5. Since the stock index has been rising, the dispersion performance has been stable</p><p><img src=\"https://static.tigerbbs.com/c7080126e3fc55e4fe89d3da0618d899\" tg-width=\"500\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>6. Since market volatility has peaked before, dispersion during the epidemic has actually been a defensive attribute</p><p><img src=\"https://static.tigerbbs.com/c661876c062e2f07e1d93bf5446775d1\" tg-width=\"500\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p><p>7. The implied volatility of the index has significantly lowered the low level of the index before and after the epidemic</p><p><img src=\"https://static.tigerbbs.com/42a018affb9b1e72964b75c3e594f27b\" tg-width=\"500\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p>8. The decline in index implied volatility in recent years is partly due to the sharp decline in the level of index implied correlation and the decline in demand for upside call options in European stock markets</p><p>Market-implied average single-stock correlation data suggests that while index implied volatility has declined since 2015 and again after the pandemic, pushing higher levels of implied dispersion, this coincides with a sharp decline in levels of implied correlation over the same period.</p><p><img src=\"https://static.tigerbbs.com/8c1d87e3b1e4b9d79e5d7dfcd2f90d42\" tg-width=\"500\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p>9. The correlation between the returns of t and t-1 in SX5E (European Stoxx 50 Index) is extremely low</p><p><img src=\"https://static.tigerbbs.com/af84b6b55759c333bfa86662821e87ec\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>10. After 2020, spread trading is at historically low levels</p><p><img src=\"https://static.tigerbbs.com/696c3dc2ca2b98fc30fd17871f9f1bd3\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>11. The current price spread of SX5E-SPX has increased significantly</p><p><img src=\"https://static.tigerbbs.com/327b9f40bb004f0ec9911d0bcab037b6\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>12. A correlation has been achieved between the broader market and momentum and the cyclicality/defensiveness of the EU</p><p><img src=\"https://static.tigerbbs.com/769d2e8bfbdd51389a15828d71dd1d71\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>13. The term structure of VOW3 has flattened significantly over the past year</p><p><img src=\"https://static.tigerbbs.com/55de07d0c110be49ba2310e4e387c513\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3637261\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf9ac23bac84c629134c18540a11264a","relate_stocks":{"GS":"高盛",".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/articles/3637261","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1157551750","content_text":"作者：于旭东\n在最新的一份报告中，高盛交易员Scott Rubner、Matthew Fleury、Matthieu Martal、Kavita Vaja和Jonas Bovbjerg用13张图总结了8月及过去的市场。\n1、目前流动性充裕\n高盛认为，本周将是夏季剩余时间里的流动性高峰，在未来一周，流动性将进入繁忙的一周。\n\n2、股票的收益率正在向好\n高盛表示，目前SPX（标普500指数）和NDX（纳斯达克指数）与30年收益率的负相关再次转为正相关，这意味着股市的收益率正在向好。\n\n3、中概股再次分化\n高盛表示，中概股的走势再度分化：MSCI中国除互联网外的每股盈利年初至今增长5%，而中国互联网每股盈利年初至今下降22%。\n\n4、在过去5年中，美国和欧洲市场的隐含分散水平一直在升高\n\n5、由于股指一直在抬升，因此分散表现一直很稳定\n\n6、由于此前市场波动率曾峰值，因此疫情期间的分散其实一直是防御属性\n\n7、指数隐含波动率大幅拉低了指数疫情前后的低位\n\n8、近年来指数隐含波动率下降的部分原因是指数隐含相关性水平急剧下降，以及欧洲股市对上行看涨期权的需求下降\n市场隐含的平均单只股票相关性数据表明，虽然指数隐含波动率自2015年以来下降，并在疫情之后再次下降，推动隐含分散水平升高，但这与同期隐含相关性水平急剧下降相吻合。\n\n9、SX5E（欧洲斯托克50指数）中t与t-1的回报率相关性极低\n\n10、2020年以后，价差交易处于历史低位\n\n11、目前SX5E-SPX的价差显着上升\n\n12、大盘与动量与欧盟周期性/防御性之间已实现相关性\n\n13. VOW3的期限结构在过去一年中大幅趋于平缓","news_type":1,"symbols_score_info":{".DJI":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":2129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371520823,"gmtCreate":1618961902762,"gmtModify":1704717439621,"author":{"id":"3495252398666385","authorId":"3495252398666385","name":"dwh790101","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3495252398666385","idStr":"3495252398666385"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371520823","repostId":"2129825502","repostType":2,"repost":{"id":"2129825502","kind":"news","pubTimestamp":1618961269,"share":"https://ttm.financial/m/news/2129825502?lang=en_US&edition=fundamental","pubTime":"2021-04-21 07:27","market":"us","language":"zh","title":"[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000","url":"https://stock-news.laohu8.com/highlight/detail?id=2129825502","media":"FX168","summary":"台股大盘再创历史新高，稳坐17000点门槛高位，完全无视美国股市全书走跌。成交量达台币4396.69亿元，台积电开低后持续拉回，跌幅收敛至台币1元。台股美国存托凭证涨跌互见，台积电ADR跌0.39%；日月光ADR涨1.41%；联电ADR跌0.11%；中华电信ADR涨0.64%。美国德克萨斯州当局的文件显示，三星正计划在该州奥斯丁市建设170亿美元的晶圆厂房。这意味着，台积电目前不但面临着美国内部的反弹声浪，也持续受到同行三星和英特尔的夹击。","content":"<p><html><body><article>FX168 Financial News (Hong Kong) News<a href=\"https://laohu8.com/S/TSM\">TSMC</a>In the face of internal protests rebounding in the United States, South Korea<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>The new plan to strengthen investment cooperation with the United States is launched, and the low profile shows that investors have a strong wait-and-see atmosphere, but<span>Pull up late trading</span>It indicates that the market still has expectations for it to obtain the largest investment case in the United States. The Taiwan stock market hit a record high again, firmly sitting at the threshold of 17,000 points, completely ignoring the decline of the U.S. stock market. Analysts pointed out that the resumption of the appreciation trend of the Taiwan dollar was more bullish before it weakened.</p><p><strong>Taiwan stocks closed yesterday:</strong></p><p>The Taiwan stock index fell into a long-short tug-of-war in early trading on Tuesday (April 21st), with traditional industries and electronics stocks showing heterogeneity. TSMC (2330) and Sinosteel (2002) rose in late trading, stimulating the Taiwan stock index to break through the threshold of 17,300 points and finally closed at a maximum of 17,323.87 points, up 60.59 points or 0.35%, once again setting a record high. The trading volume reached NT $439.669 billion. TSMC continued to pull back after opening lower, and the decline converged to NT $1.</p><p><strong>U.S. stocks overnight trend:</strong></p><p>Global COVID-19 pandemic deteriorated, the Indian epidemic was out of control, and U.S. bond yields fell. Federal Reserve Chairman Jerome Powell said that despite the improvement in the U.S. economic recovery, most officials believe interest rates will not be raised until 2024. Corporate earnings news failed to boost U.S. stocks, Tuesday (April 21)<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The spring press conference also failed to stimulate its stock price. Energy and financial stocks led the decline, airline stocks fell, and all four major indexes of the U.S. stock market closed in the black.</p><p>The Dow Jones index fell 256.33 points, or 0.75%, to close at 33,821.30 points;<span>S&P 500 Index</span>Fell 29.78 points or 0.72% to close at 4133.50 points; The Nasdaq index fell 128.50 points, or 0.92%, to close at 13786.27 points; The Philadelphia Semiconductor Index fell 49.56 points or 1.56% to close at 3121.43 points.</p><p>Taiwan stock American depositary receipts (<span>ADR</span>) Mixed, TSMC ADR fell 0.39%; ASE ADR rose 1.41%;<a href=\"https://laohu8.com/S/UMC\">UMC</a>ADR fell 0.11%;<a href=\"https://laohu8.com/S/CHT\">Chunghwa Telecom</a>ADR rose 0.64%.</p><p><strong>Institutional pre-market analysis:</strong></p><p>Jian Boyi, associate manager of the Cathay Pacific Securities and Futures Advisory Office, said that some traditional industry stocks have recovered after rising for a long time, electronics has also seen stabilization, and Taiwan stocks have maintained stock rotation. At present, in the short and medium term<span>Moving average</span>Average maintenance<span>Multi-head arrangement</span>, the high-grade indicators are passivated, and the Taiwan dollar has restarted its appreciation trend. Before it weakens, it is more bullish.</p><p>Wang Rongxu, an analyst at Wanbao Investment Consulting, said that traditional industry stocks have surged this time<span>Fall below</span>Many investors' glasses, although the stock price has risen, he believes that there are two reasons why the market is not over yet. First, the price-to-earnings ratio is still relatively low, and second, the chips are relatively stable. He emphasized that traditional industries and financial stocks are undervalued by the market, and the total shareholding level of legal persons in Chuanchuan is less than 5%. Domestic and general investors mostly hold electronic stocks, and few Chuanchuan and financial stocks. Even if they buy them recently, they will sell stocks after a slight shock because of the high cost, thus forming a situation of short-handed squeeze.</p><p><strong>Highlight events:</strong></p><p>U.S. Commerce Secretary Gina Raimondo said at U.S. President Joe Biden's $2.25 trillion infrastructure hearing that the United States is completely dependent on semiconductor manufacturing in mainland China and Taiwan, and the United States is facing a national security crisis. The Korea Herald wrote that South Korea's Samsung is aware of the importance of the meeting between the leaders of the two countries and is speeding up the finalization of a new plan for US investment, aiming to respond to the dialogue between the two governments after the meeting.</p><p>Documents from Texas authorities show that Samsung is planning to build a $17 billion wafer factory in Austin, the state. At the same time, Samsung also has dialogues with Arizona, New York, etc., but according to Samsung's current operating conditions and preferential tax policies, Austin is regarded as the most likely option. This means that TSMC is currently not only facing a rebound within the United States, but also continues to be affected by its peers Samsung and<a href=\"https://laohu8.com/S/INTC\">Intel</a>Pincer attack.</p><p><strong>Focus stock information:</strong></p><p>Liu Yangwei, chairman of Hon Hai (2317), confirmed that the group's units did contact Macron (2337), a major memory manufacturer, to express their interest in the 6-inch wafer fab, but he did not give a clear answer to whether there was a bid.</p><p>DRAM factory Nanya Branch (2408) announced that it will build a 12-inch advanced wafer fab with a double-decker clean room in Taishan Nanlin Science and Technology Park, New Taipei City. It adopts self-developed 10nm process technology and plans to build EUV extreme ultraviolet lithography production technology, with a monthly production capacity of about 45,000 pieces. It is planned to start construction at the end of this year, and the first phase of mass production of 15,000 pieces will begin in 2024, with a total investment of NT $300 billion.</p><p></article></body></html></p>","source":"tencent","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>[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000</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: 12.5px; color: #7E829C; margin: 0;}\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\">\n[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">FX168</strong><span class=\"h-time small\">2021-04-21 07:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><article>FX168 Financial News (Hong Kong) News<a href=\"https://laohu8.com/S/TSM\">TSMC</a>In the face of internal protests rebounding in the United States, South Korea<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>The new plan to strengthen investment cooperation with the United States is launched, and the low profile shows that investors have a strong wait-and-see atmosphere, but<span>Pull up late trading</span>It indicates that the market still has expectations for it to obtain the largest investment case in the United States. The Taiwan stock market hit a record high again, firmly sitting at the threshold of 17,000 points, completely ignoring the decline of the U.S. stock market. Analysts pointed out that the resumption of the appreciation trend of the Taiwan dollar was more bullish before it weakened.</p><p><strong>Taiwan stocks closed yesterday:</strong></p><p>The Taiwan stock index fell into a long-short tug-of-war in early trading on Tuesday (April 21st), with traditional industries and electronics stocks showing heterogeneity. TSMC (2330) and Sinosteel (2002) rose in late trading, stimulating the Taiwan stock index to break through the threshold of 17,300 points and finally closed at a maximum of 17,323.87 points, up 60.59 points or 0.35%, once again setting a record high. The trading volume reached NT $439.669 billion. TSMC continued to pull back after opening lower, and the decline converged to NT $1.</p><p><strong>U.S. stocks overnight trend:</strong></p><p>Global COVID-19 pandemic deteriorated, the Indian epidemic was out of control, and U.S. bond yields fell. Federal Reserve Chairman Jerome Powell said that despite the improvement in the U.S. economic recovery, most officials believe interest rates will not be raised until 2024. Corporate earnings news failed to boost U.S. stocks, Tuesday (April 21)<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The spring press conference also failed to stimulate its stock price. Energy and financial stocks led the decline, airline stocks fell, and all four major indexes of the U.S. stock market closed in the black.</p><p>The Dow Jones index fell 256.33 points, or 0.75%, to close at 33,821.30 points;<span>S&P 500 Index</span>Fell 29.78 points or 0.72% to close at 4133.50 points; The Nasdaq index fell 128.50 points, or 0.92%, to close at 13786.27 points; The Philadelphia Semiconductor Index fell 49.56 points or 1.56% to close at 3121.43 points.</p><p>Taiwan stock American depositary receipts (<span>ADR</span>) Mixed, TSMC ADR fell 0.39%; ASE ADR rose 1.41%;<a href=\"https://laohu8.com/S/UMC\">UMC</a>ADR fell 0.11%;<a href=\"https://laohu8.com/S/CHT\">Chunghwa Telecom</a>ADR rose 0.64%.</p><p><strong>Institutional pre-market analysis:</strong></p><p>Jian Boyi, associate manager of the Cathay Pacific Securities and Futures Advisory Office, said that some traditional industry stocks have recovered after rising for a long time, electronics has also seen stabilization, and Taiwan stocks have maintained stock rotation. At present, in the short and medium term<span>Moving average</span>Average maintenance<span>Multi-head arrangement</span>, the high-grade indicators are passivated, and the Taiwan dollar has restarted its appreciation trend. Before it weakens, it is more bullish.</p><p>Wang Rongxu, an analyst at Wanbao Investment Consulting, said that traditional industry stocks have surged this time<span>Fall below</span>Many investors' glasses, although the stock price has risen, he believes that there are two reasons why the market is not over yet. First, the price-to-earnings ratio is still relatively low, and second, the chips are relatively stable. He emphasized that traditional industries and financial stocks are undervalued by the market, and the total shareholding level of legal persons in Chuanchuan is less than 5%. Domestic and general investors mostly hold electronic stocks, and few Chuanchuan and financial stocks. Even if they buy them recently, they will sell stocks after a slight shock because of the high cost, thus forming a situation of short-handed squeeze.</p><p><strong>Highlight events:</strong></p><p>U.S. Commerce Secretary Gina Raimondo said at U.S. President Joe Biden's $2.25 trillion infrastructure hearing that the United States is completely dependent on semiconductor manufacturing in mainland China and Taiwan, and the United States is facing a national security crisis. The Korea Herald wrote that South Korea's Samsung is aware of the importance of the meeting between the leaders of the two countries and is speeding up the finalization of a new plan for US investment, aiming to respond to the dialogue between the two governments after the meeting.</p><p>Documents from Texas authorities show that Samsung is planning to build a $17 billion wafer factory in Austin, the state. At the same time, Samsung also has dialogues with Arizona, New York, etc., but according to Samsung's current operating conditions and preferential tax policies, Austin is regarded as the most likely option. This means that TSMC is currently not only facing a rebound within the United States, but also continues to be affected by its peers Samsung and<a href=\"https://laohu8.com/S/INTC\">Intel</a>Pincer attack.</p><p><strong>Focus stock information:</strong></p><p>Liu Yangwei, chairman of Hon Hai (2317), confirmed that the group's units did contact Macron (2337), a major memory manufacturer, to express their interest in the 6-inch wafer fab, but he did not give a clear answer to whether there was a bid.</p><p>DRAM factory Nanya Branch (2408) announced that it will build a 12-inch advanced wafer fab with a double-decker clean room in Taishan Nanlin Science and Technology Park, New Taipei City. It adopts self-developed 10nm process technology and plans to build EUV extreme ultraviolet lithography production technology, with a monthly production capacity of about 45,000 pieces. It is planned to start construction at the end of this year, and the first phase of mass production of 15,000 pieces will begin in 2024, with a total investment of NT $300 billion.</p><p></article></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20210421073007787ccdd4&s=b\">FX168</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"TSM":"台积电","EWT":"台湾ETF-iShares MSCI","03145":"华夏亚洲高息股"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20210421073007787ccdd4&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2129825502","content_text":"FX168财经报社(香港)讯 台积电遇美国内部抗议反弹，韩国三星再推与美国强化投资合作的新计划，开低姿态显示出投资者观望氛围浓厚，但尾盘拉升预示着，市场对其获得美国最大投资案仍存有期待。台股大盘再创历史新高，稳坐17000点门槛高位，完全无视美国股市全书走跌。分析师指，台币重启升值态势，在未转弱之前偏多看待。昨日台股收盘：台股指数周二(4月21日)早盘陷多空拉锯，传统产业和电子类股呈现异位，台积电(2330)和中钢(2002)尾盘拉升，刺激台股指数突破17300点门槛，终场收在最高17323.87点，涨60.59点或0.35%，再次写下历史新高。成交量达台币4396.69亿元，台积电开低后持续拉回，跌幅收敛至台币1元。美股隔夜走势：全球新冠疫情恶化，印度疫情呈现失控局面，美债收益率走跌。美联储主席鲍威尔表示，尽管美国经济复苏改善，多数官员认为要等到2024年才会升息。企业财报消息未能提振美股，周二(4月21日)苹果春季发表会也未能激励其股价，能源和金融股领跌，航空股坠落，美国股市四大指数全数收黑。道琼斯指数跌256.33点或0.75%，收33821.30点；标准普尔500指数跌29.78点或0.72%，收4133.50点；纳斯达克指数跌128.50点或0.92%，收13786.27点；费城半导体指数跌49.56点或1.56%，收3121.43点。台股美国存托凭证(ADR)涨跌互见，台积电ADR跌0.39%；日月光ADR涨1.41%；联电ADR跌0.11%；中华电信ADR涨0.64%。机构盘前分析：国泰证期顾问处协理简伯仪表示，部份传统产业股涨多后拉回整理，电子也见到止稳，台股维持类股轮动，目前短中期均线、均量维持多头排列，指标高档钝化，台币重启升值态势，在未转弱之前偏多看待。万宝投顾分析师王荣旭表示，传统产业股这波大涨跌破许多投资者的眼镜，尽管股价已经涨上来，但他认为行情还没有结束原因有两个，首先是本益比还是相对偏低，再来则是筹码相对安定。他强调，传统产业和金融股被市场低估，法人对于传产总持股水位不到5%，内资与一般投资者大多持有电子股，少有传产跟金融股，就算最近追买，也因为成本高，稍微震荡随即就卖出股票，因此形成轧空手的情况。重点关注事件：美国商务部长雷蒙多(Gina Raimondo)在美国总统拜登的2.25万亿美元基础建设听证会上表示，美国完全依赖中国大陆和台湾地区的半导体制造，美国正面临着国家安全危机。韩国先驱报(Korea Herald)撰文指出，韩国三星意识到两国领导人会晤的重要性，正加快敲定美投资的新计划，旨在会晤结束后能回应两国政府的对话。美国德克萨斯州当局的文件显示，三星正计划在该州奥斯丁市建设170亿美元的晶圆厂房。同时，三星也与亚利桑那州、纽约州等进行对话，但依照目前三星的营运状况和税收优惠政策，奥斯丁市被视为是其中最具可能性的选项。这意味着，台积电目前不但面临着美国内部的反弹声浪，也持续受到同行三星和英特尔的夹击。焦点个股信息：鸿海(2317)董事长刘扬伟证实，集团旗下单位的确有跟记忆体大厂旺宏(2337)接触，表达对6吋晶圆厂的兴趣，但他对是否有投标则没有给出明确答案。DRAM 厂南亚科(2408)宣布，将在新北市泰山南林科技园区兴建一座双层无尘室的12吋先进晶圆厂，採用自主研发的10奈米制程技术，规划建置EUV极紫外光微影生产技术，月产能约4.5万片，计画今年底动工，2024 年开始第一阶段1.5万片量产，总投资额达台币3000亿元。","news_type":1,"symbols_score_info":{"TWmain":1,"03145":0.6,"TSM":1,"EWT":0.6}},"isVote":1,"tweetType":1,"viewCount":2235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":892949241,"gmtCreate":1628636839783,"gmtModify":1676529801389,"author":{"id":"3495252398666385","authorId":"3495252398666385","name":"dwh790101","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3495252398666385","authorIdStr":"3495252398666385"},"themes":[],"htmlText":"okk","listText":"okk","text":"okk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/892949241","repostId":"2158470896","repostType":4,"repost":{"id":"2158470896","kind":"live","pubTimestamp":1628609681,"share":"https://ttm.financial/m/news/2158470896?lang=en_US&edition=fundamental","pubTime":"2021-08-10 23:34","market":"us","language":"zh","title":"Senate: Enough votes to approve $550 billion cross-party infrastructure draft legislation","url":"https://stock-news.laohu8.com/highlight/detail?id=2158470896","media":"华尔街见闻","summary":"美国国会参议院已经有足够票数批准5500亿美元跨党派基建立法草案，投票仍在继续。","content":"<p><span style=\"text-align:justify;\">The U.S. Senate has enough votes to approve the $550 billion cross-party infrastructure draft legislation, and voting is still going on.</span></p>","source":"highlight_wallstreetcn","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>Senate: Enough votes to approve $550 billion cross-party infrastructure draft legislation</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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSenate: Enough votes to approve $550 billion cross-party infrastructure draft legislation\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-10 23:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><span style=\"text-align:justify;\">The U.S. Senate has enough votes to approve the $550 billion cross-party infrastructure draft legislation, and voting is still going on.</span></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/live/a-stock\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/41f81b99b97a59da55dd70fd1af475cb","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/live/a-stock","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"2158470896","content_text":"美国国会参议院已经有足够票数批准5500亿美元跨党派基建立法草案，投票仍在继续。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899628012,"gmtCreate":1628179838136,"gmtModify":1703502761839,"author":{"id":"3495252398666385","authorId":"3495252398666385","name":"dwh790101","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3495252398666385","authorIdStr":"3495252398666385"},"themes":[],"htmlText":"niu","listText":"niu","text":"niu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899628012","repostId":"1157551750","repostType":2,"repost":{"id":"1157551750","kind":"news","pubTimestamp":1628177811,"share":"https://ttm.financial/m/news/1157551750?lang=en_US&edition=fundamental","pubTime":"2021-08-05 23:36","market":"us","language":"zh","title":"Goldman Sachs' latest report: 13 charts to see the recent market situation","url":"https://stock-news.laohu8.com/highlight/detail?id=1157551750","media":"华尔街见闻","summary":"本周将是夏季剩余时间里的流动性高峰；股市的收益率正在向好……","content":"<p>Author: Yu Xudong</p><p>In a latest report,<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Traders Scott Rubner, Matthew Fleury, Matthieu Martal, Kavita Vaja and Jonas Bovbjerg summarize the market in August and past in 13 charts.</p><p>1. Currently abundant liquidity</p><p>Goldman Sachs believes that this week will be the peak of liquidity for the rest of the summer, and liquidity will enter a busy week in the coming week.</p><p><img src=\"https://static.tigerbbs.com/880861172ccda951f035a472f7c005ed\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>2. Stock yields are improving</p><p>Goldman Sachs said that the current negative correlation between SPX (S&P 500 Index) and NDX (Nasdaq Index) and 30-year yields has turned positive again, which means that stock market yields are improving.</p><p><img src=\"https://static.tigerbbs.com/3a540a0743e9a23a96f8beafc4fff7eb\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>3. Chinese concept stocks diverge again</p><p>Goldman Sachs said that the trend of Chinese concept stocks has diverged again: MSCI China's earnings per share excluding the Internet has increased by 5% year-to-date, while China's Internet earnings per share have fallen by 22% year-to-date.</p><p><img src=\"https://static.tigerbbs.com/91b30abbf71994074119b1beb495c6e5\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>4. The level of implied fragmentation in the U.S. and European markets has been rising over the past five years</p><p><img src=\"https://static.tigerbbs.com/6b72aeb35466d17504a5405a0bfed2bb\" tg-width=\"500\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p><p>5. Since the stock index has been rising, the dispersion performance has been stable</p><p><img src=\"https://static.tigerbbs.com/c7080126e3fc55e4fe89d3da0618d899\" tg-width=\"500\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>6. Since market volatility has peaked before, dispersion during the epidemic has actually been a defensive attribute</p><p><img src=\"https://static.tigerbbs.com/c661876c062e2f07e1d93bf5446775d1\" tg-width=\"500\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p><p>7. The implied volatility of the index has significantly lowered the low level of the index before and after the epidemic</p><p><img src=\"https://static.tigerbbs.com/42a018affb9b1e72964b75c3e594f27b\" tg-width=\"500\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p>8. The decline in index implied volatility in recent years is partly due to the sharp decline in the level of index implied correlation and the decline in demand for upside call options in European stock markets</p><p>Market-implied average single-stock correlation data suggests that while index implied volatility has declined since 2015 and again after the pandemic, pushing higher levels of implied dispersion, this coincides with a sharp decline in levels of implied correlation over the same period.</p><p><img src=\"https://static.tigerbbs.com/8c1d87e3b1e4b9d79e5d7dfcd2f90d42\" tg-width=\"500\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p>9. The correlation between the returns of t and t-1 in SX5E (European Stoxx 50 Index) is extremely low</p><p><img src=\"https://static.tigerbbs.com/af84b6b55759c333bfa86662821e87ec\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>10. After 2020, spread trading is at historically low levels</p><p><img src=\"https://static.tigerbbs.com/696c3dc2ca2b98fc30fd17871f9f1bd3\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>11. The current price spread of SX5E-SPX has increased significantly</p><p><img src=\"https://static.tigerbbs.com/327b9f40bb004f0ec9911d0bcab037b6\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>12. A correlation has been achieved between the broader market and momentum and the cyclicality/defensiveness of the EU</p><p><img src=\"https://static.tigerbbs.com/769d2e8bfbdd51389a15828d71dd1d71\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>13. The term structure of VOW3 has flattened significantly over the past year</p><p><img src=\"https://static.tigerbbs.com/55de07d0c110be49ba2310e4e387c513\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_wallstreetcn","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs' latest report: 13 charts to see the recent market situation</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs' latest report: 13 charts to see the recent market situation\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-08-05 23:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Author: Yu Xudong</p><p>In a latest report,<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>Traders Scott Rubner, Matthew Fleury, Matthieu Martal, Kavita Vaja and Jonas Bovbjerg summarize the market in August and past in 13 charts.</p><p>1. Currently abundant liquidity</p><p>Goldman Sachs believes that this week will be the peak of liquidity for the rest of the summer, and liquidity will enter a busy week in the coming week.</p><p><img src=\"https://static.tigerbbs.com/880861172ccda951f035a472f7c005ed\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>2. Stock yields are improving</p><p>Goldman Sachs said that the current negative correlation between SPX (S&P 500 Index) and NDX (Nasdaq Index) and 30-year yields has turned positive again, which means that stock market yields are improving.</p><p><img src=\"https://static.tigerbbs.com/3a540a0743e9a23a96f8beafc4fff7eb\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>3. Chinese concept stocks diverge again</p><p>Goldman Sachs said that the trend of Chinese concept stocks has diverged again: MSCI China's earnings per share excluding the Internet has increased by 5% year-to-date, while China's Internet earnings per share have fallen by 22% year-to-date.</p><p><img src=\"https://static.tigerbbs.com/91b30abbf71994074119b1beb495c6e5\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>4. The level of implied fragmentation in the U.S. and European markets has been rising over the past five years</p><p><img src=\"https://static.tigerbbs.com/6b72aeb35466d17504a5405a0bfed2bb\" tg-width=\"500\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p><p>5. Since the stock index has been rising, the dispersion performance has been stable</p><p><img src=\"https://static.tigerbbs.com/c7080126e3fc55e4fe89d3da0618d899\" tg-width=\"500\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>6. Since market volatility has peaked before, dispersion during the epidemic has actually been a defensive attribute</p><p><img src=\"https://static.tigerbbs.com/c661876c062e2f07e1d93bf5446775d1\" tg-width=\"500\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p><p>7. The implied volatility of the index has significantly lowered the low level of the index before and after the epidemic</p><p><img src=\"https://static.tigerbbs.com/42a018affb9b1e72964b75c3e594f27b\" tg-width=\"500\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p>8. The decline in index implied volatility in recent years is partly due to the sharp decline in the level of index implied correlation and the decline in demand for upside call options in European stock markets</p><p>Market-implied average single-stock correlation data suggests that while index implied volatility has declined since 2015 and again after the pandemic, pushing higher levels of implied dispersion, this coincides with a sharp decline in levels of implied correlation over the same period.</p><p><img src=\"https://static.tigerbbs.com/8c1d87e3b1e4b9d79e5d7dfcd2f90d42\" tg-width=\"500\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p>9. The correlation between the returns of t and t-1 in SX5E (European Stoxx 50 Index) is extremely low</p><p><img src=\"https://static.tigerbbs.com/af84b6b55759c333bfa86662821e87ec\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>10. After 2020, spread trading is at historically low levels</p><p><img src=\"https://static.tigerbbs.com/696c3dc2ca2b98fc30fd17871f9f1bd3\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>11. The current price spread of SX5E-SPX has increased significantly</p><p><img src=\"https://static.tigerbbs.com/327b9f40bb004f0ec9911d0bcab037b6\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>12. A correlation has been achieved between the broader market and momentum and the cyclicality/defensiveness of the EU</p><p><img src=\"https://static.tigerbbs.com/769d2e8bfbdd51389a15828d71dd1d71\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p><p>13. The term structure of VOW3 has flattened significantly over the past year</p><p><img src=\"https://static.tigerbbs.com/55de07d0c110be49ba2310e4e387c513\" tg-width=\"500\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3637261\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bf9ac23bac84c629134c18540a11264a","relate_stocks":{"GS":"高盛",".DJI":"道琼斯"},"source_url":"https://wallstreetcn.com/articles/3637261","is_english":false,"share_image_url":"https://static.laohu8.com/cc96873d3d23ee6ac10685520df9c100","article_id":"1157551750","content_text":"作者：于旭东\n在最新的一份报告中，高盛交易员Scott Rubner、Matthew Fleury、Matthieu Martal、Kavita Vaja和Jonas Bovbjerg用13张图总结了8月及过去的市场。\n1、目前流动性充裕\n高盛认为，本周将是夏季剩余时间里的流动性高峰，在未来一周，流动性将进入繁忙的一周。\n\n2、股票的收益率正在向好\n高盛表示，目前SPX（标普500指数）和NDX（纳斯达克指数）与30年收益率的负相关再次转为正相关，这意味着股市的收益率正在向好。\n\n3、中概股再次分化\n高盛表示，中概股的走势再度分化：MSCI中国除互联网外的每股盈利年初至今增长5%，而中国互联网每股盈利年初至今下降22%。\n\n4、在过去5年中，美国和欧洲市场的隐含分散水平一直在升高\n\n5、由于股指一直在抬升，因此分散表现一直很稳定\n\n6、由于此前市场波动率曾峰值，因此疫情期间的分散其实一直是防御属性\n\n7、指数隐含波动率大幅拉低了指数疫情前后的低位\n\n8、近年来指数隐含波动率下降的部分原因是指数隐含相关性水平急剧下降，以及欧洲股市对上行看涨期权的需求下降\n市场隐含的平均单只股票相关性数据表明，虽然指数隐含波动率自2015年以来下降，并在疫情之后再次下降，推动隐含分散水平升高，但这与同期隐含相关性水平急剧下降相吻合。\n\n9、SX5E（欧洲斯托克50指数）中t与t-1的回报率相关性极低\n\n10、2020年以后，价差交易处于历史低位\n\n11、目前SX5E-SPX的价差显着上升\n\n12、大盘与动量与欧盟周期性/防御性之间已实现相关性\n\n13. VOW3的期限结构在过去一年中大幅趋于平缓","news_type":1,"symbols_score_info":{".DJI":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":2129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371520823,"gmtCreate":1618961902762,"gmtModify":1704717439621,"author":{"id":"3495252398666385","authorId":"3495252398666385","name":"dwh790101","avatar":"https://static.tigerbbs.com/4aa8ecad30f97a85a2c39efed09e6d26","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3495252398666385","authorIdStr":"3495252398666385"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371520823","repostId":"2129825502","repostType":2,"repost":{"id":"2129825502","kind":"news","pubTimestamp":1618961269,"share":"https://ttm.financial/m/news/2129825502?lang=en_US&edition=fundamental","pubTime":"2021-04-21 07:27","market":"us","language":"zh","title":"[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000","url":"https://stock-news.laohu8.com/highlight/detail?id=2129825502","media":"FX168","summary":"台股大盘再创历史新高，稳坐17000点门槛高位，完全无视美国股市全书走跌。成交量达台币4396.69亿元，台积电开低后持续拉回，跌幅收敛至台币1元。台股美国存托凭证涨跌互见，台积电ADR跌0.39%；日月光ADR涨1.41%；联电ADR跌0.11%；中华电信ADR涨0.64%。美国德克萨斯州当局的文件显示，三星正计划在该州奥斯丁市建设170亿美元的晶圆厂房。这意味着，台积电目前不但面临着美国内部的反弹声浪，也持续受到同行三星和英特尔的夹击。","content":"<p><html><body><article>FX168 Financial News (Hong Kong) News<a href=\"https://laohu8.com/S/TSM\">TSMC</a>In the face of internal protests rebounding in the United States, South Korea<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>The new plan to strengthen investment cooperation with the United States is launched, and the low profile shows that investors have a strong wait-and-see atmosphere, but<span>Pull up late trading</span>It indicates that the market still has expectations for it to obtain the largest investment case in the United States. The Taiwan stock market hit a record high again, firmly sitting at the threshold of 17,000 points, completely ignoring the decline of the U.S. stock market. Analysts pointed out that the resumption of the appreciation trend of the Taiwan dollar was more bullish before it weakened.</p><p><strong>Taiwan stocks closed yesterday:</strong></p><p>The Taiwan stock index fell into a long-short tug-of-war in early trading on Tuesday (April 21st), with traditional industries and electronics stocks showing heterogeneity. TSMC (2330) and Sinosteel (2002) rose in late trading, stimulating the Taiwan stock index to break through the threshold of 17,300 points and finally closed at a maximum of 17,323.87 points, up 60.59 points or 0.35%, once again setting a record high. The trading volume reached NT $439.669 billion. TSMC continued to pull back after opening lower, and the decline converged to NT $1.</p><p><strong>U.S. stocks overnight trend:</strong></p><p>Global COVID-19 pandemic deteriorated, the Indian epidemic was out of control, and U.S. bond yields fell. Federal Reserve Chairman Jerome Powell said that despite the improvement in the U.S. economic recovery, most officials believe interest rates will not be raised until 2024. Corporate earnings news failed to boost U.S. stocks, Tuesday (April 21)<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The spring press conference also failed to stimulate its stock price. Energy and financial stocks led the decline, airline stocks fell, and all four major indexes of the U.S. stock market closed in the black.</p><p>The Dow Jones index fell 256.33 points, or 0.75%, to close at 33,821.30 points;<span>S&P 500 Index</span>Fell 29.78 points or 0.72% to close at 4133.50 points; The Nasdaq index fell 128.50 points, or 0.92%, to close at 13786.27 points; The Philadelphia Semiconductor Index fell 49.56 points or 1.56% to close at 3121.43 points.</p><p>Taiwan stock American depositary receipts (<span>ADR</span>) Mixed, TSMC ADR fell 0.39%; ASE ADR rose 1.41%;<a href=\"https://laohu8.com/S/UMC\">UMC</a>ADR fell 0.11%;<a href=\"https://laohu8.com/S/CHT\">Chunghwa Telecom</a>ADR rose 0.64%.</p><p><strong>Institutional pre-market analysis:</strong></p><p>Jian Boyi, associate manager of the Cathay Pacific Securities and Futures Advisory Office, said that some traditional industry stocks have recovered after rising for a long time, electronics has also seen stabilization, and Taiwan stocks have maintained stock rotation. At present, in the short and medium term<span>Moving average</span>Average maintenance<span>Multi-head arrangement</span>, the high-grade indicators are passivated, and the Taiwan dollar has restarted its appreciation trend. Before it weakens, it is more bullish.</p><p>Wang Rongxu, an analyst at Wanbao Investment Consulting, said that traditional industry stocks have surged this time<span>Fall below</span>Many investors' glasses, although the stock price has risen, he believes that there are two reasons why the market is not over yet. First, the price-to-earnings ratio is still relatively low, and second, the chips are relatively stable. He emphasized that traditional industries and financial stocks are undervalued by the market, and the total shareholding level of legal persons in Chuanchuan is less than 5%. Domestic and general investors mostly hold electronic stocks, and few Chuanchuan and financial stocks. Even if they buy them recently, they will sell stocks after a slight shock because of the high cost, thus forming a situation of short-handed squeeze.</p><p><strong>Highlight events:</strong></p><p>U.S. Commerce Secretary Gina Raimondo said at U.S. President Joe Biden's $2.25 trillion infrastructure hearing that the United States is completely dependent on semiconductor manufacturing in mainland China and Taiwan, and the United States is facing a national security crisis. The Korea Herald wrote that South Korea's Samsung is aware of the importance of the meeting between the leaders of the two countries and is speeding up the finalization of a new plan for US investment, aiming to respond to the dialogue between the two governments after the meeting.</p><p>Documents from Texas authorities show that Samsung is planning to build a $17 billion wafer factory in Austin, the state. At the same time, Samsung also has dialogues with Arizona, New York, etc., but according to Samsung's current operating conditions and preferential tax policies, Austin is regarded as the most likely option. This means that TSMC is currently not only facing a rebound within the United States, but also continues to be affected by its peers Samsung and<a href=\"https://laohu8.com/S/INTC\">Intel</a>Pincer attack.</p><p><strong>Focus stock information:</strong></p><p>Liu Yangwei, chairman of Hon Hai (2317), confirmed that the group's units did contact Macron (2337), a major memory manufacturer, to express their interest in the 6-inch wafer fab, but he did not give a clear answer to whether there was a bid.</p><p>DRAM factory Nanya Branch (2408) announced that it will build a 12-inch advanced wafer fab with a double-decker clean room in Taishan Nanlin Science and Technology Park, New Taipei City. It adopts self-developed 10nm process technology and plans to build EUV extreme ultraviolet lithography production technology, with a monthly production capacity of about 45,000 pieces. It is planned to start construction at the end of this year, and the first phase of mass production of 15,000 pieces will begin in 2024, with a total investment of NT $300 billion.</p><p></article></body></html></p>","source":"tencent","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>[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000</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: 12.5px; color: #7E829C; margin: 0;}\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\">\n[Taiwan stocks look over] Hit highs again and again! TSMC stabilizes and resumes operation, the steering wheel weighted index hits a record high, the market outlook is bullish, and the market sits firmly at the high threshold of 17,000\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">FX168</strong><span class=\"h-time small\">2021-04-21 07:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><article>FX168 Financial News (Hong Kong) News<a href=\"https://laohu8.com/S/TSM\">TSMC</a>In the face of internal protests rebounding in the United States, South Korea<a href=\"https://laohu8.com/S/SMSN.UK\">Samsung</a>The new plan to strengthen investment cooperation with the United States is launched, and the low profile shows that investors have a strong wait-and-see atmosphere, but<span>Pull up late trading</span>It indicates that the market still has expectations for it to obtain the largest investment case in the United States. The Taiwan stock market hit a record high again, firmly sitting at the threshold of 17,000 points, completely ignoring the decline of the U.S. stock market. Analysts pointed out that the resumption of the appreciation trend of the Taiwan dollar was more bullish before it weakened.</p><p><strong>Taiwan stocks closed yesterday:</strong></p><p>The Taiwan stock index fell into a long-short tug-of-war in early trading on Tuesday (April 21st), with traditional industries and electronics stocks showing heterogeneity. TSMC (2330) and Sinosteel (2002) rose in late trading, stimulating the Taiwan stock index to break through the threshold of 17,300 points and finally closed at a maximum of 17,323.87 points, up 60.59 points or 0.35%, once again setting a record high. The trading volume reached NT $439.669 billion. TSMC continued to pull back after opening lower, and the decline converged to NT $1.</p><p><strong>U.S. stocks overnight trend:</strong></p><p>Global COVID-19 pandemic deteriorated, the Indian epidemic was out of control, and U.S. bond yields fell. Federal Reserve Chairman Jerome Powell said that despite the improvement in the U.S. economic recovery, most officials believe interest rates will not be raised until 2024. Corporate earnings news failed to boost U.S. stocks, Tuesday (April 21)<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The spring press conference also failed to stimulate its stock price. Energy and financial stocks led the decline, airline stocks fell, and all four major indexes of the U.S. stock market closed in the black.</p><p>The Dow Jones index fell 256.33 points, or 0.75%, to close at 33,821.30 points;<span>S&P 500 Index</span>Fell 29.78 points or 0.72% to close at 4133.50 points; The Nasdaq index fell 128.50 points, or 0.92%, to close at 13786.27 points; The Philadelphia Semiconductor Index fell 49.56 points or 1.56% to close at 3121.43 points.</p><p>Taiwan stock American depositary receipts (<span>ADR</span>) Mixed, TSMC ADR fell 0.39%; ASE ADR rose 1.41%;<a href=\"https://laohu8.com/S/UMC\">UMC</a>ADR fell 0.11%;<a href=\"https://laohu8.com/S/CHT\">Chunghwa Telecom</a>ADR rose 0.64%.</p><p><strong>Institutional pre-market analysis:</strong></p><p>Jian Boyi, associate manager of the Cathay Pacific Securities and Futures Advisory Office, said that some traditional industry stocks have recovered after rising for a long time, electronics has also seen stabilization, and Taiwan stocks have maintained stock rotation. At present, in the short and medium term<span>Moving average</span>Average maintenance<span>Multi-head arrangement</span>, the high-grade indicators are passivated, and the Taiwan dollar has restarted its appreciation trend. Before it weakens, it is more bullish.</p><p>Wang Rongxu, an analyst at Wanbao Investment Consulting, said that traditional industry stocks have surged this time<span>Fall below</span>Many investors' glasses, although the stock price has risen, he believes that there are two reasons why the market is not over yet. First, the price-to-earnings ratio is still relatively low, and second, the chips are relatively stable. He emphasized that traditional industries and financial stocks are undervalued by the market, and the total shareholding level of legal persons in Chuanchuan is less than 5%. Domestic and general investors mostly hold electronic stocks, and few Chuanchuan and financial stocks. Even if they buy them recently, they will sell stocks after a slight shock because of the high cost, thus forming a situation of short-handed squeeze.</p><p><strong>Highlight events:</strong></p><p>U.S. Commerce Secretary Gina Raimondo said at U.S. President Joe Biden's $2.25 trillion infrastructure hearing that the United States is completely dependent on semiconductor manufacturing in mainland China and Taiwan, and the United States is facing a national security crisis. The Korea Herald wrote that South Korea's Samsung is aware of the importance of the meeting between the leaders of the two countries and is speeding up the finalization of a new plan for US investment, aiming to respond to the dialogue between the two governments after the meeting.</p><p>Documents from Texas authorities show that Samsung is planning to build a $17 billion wafer factory in Austin, the state. At the same time, Samsung also has dialogues with Arizona, New York, etc., but according to Samsung's current operating conditions and preferential tax policies, Austin is regarded as the most likely option. This means that TSMC is currently not only facing a rebound within the United States, but also continues to be affected by its peers Samsung and<a href=\"https://laohu8.com/S/INTC\">Intel</a>Pincer attack.</p><p><strong>Focus stock information:</strong></p><p>Liu Yangwei, chairman of Hon Hai (2317), confirmed that the group's units did contact Macron (2337), a major memory manufacturer, to express their interest in the 6-inch wafer fab, but he did not give a clear answer to whether there was a bid.</p><p>DRAM factory Nanya Branch (2408) announced that it will build a 12-inch advanced wafer fab with a double-decker clean room in Taishan Nanlin Science and Technology Park, New Taipei City. It adopts self-developed 10nm process technology and plans to build EUV extreme ultraviolet lithography production technology, with a monthly production capacity of about 45,000 pieces. It is planned to start construction at the end of this year, and the first phase of mass production of 15,000 pieces will begin in 2024, with a total investment of NT $300 billion.</p><p></article></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20210421073007787ccdd4&s=b\">FX168</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"TSM":"台积电","EWT":"台湾ETF-iShares MSCI","03145":"华夏亚洲高息股"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20210421073007787ccdd4&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2129825502","content_text":"FX168财经报社(香港)讯 台积电遇美国内部抗议反弹，韩国三星再推与美国强化投资合作的新计划，开低姿态显示出投资者观望氛围浓厚，但尾盘拉升预示着，市场对其获得美国最大投资案仍存有期待。台股大盘再创历史新高，稳坐17000点门槛高位，完全无视美国股市全书走跌。分析师指，台币重启升值态势，在未转弱之前偏多看待。昨日台股收盘：台股指数周二(4月21日)早盘陷多空拉锯，传统产业和电子类股呈现异位，台积电(2330)和中钢(2002)尾盘拉升，刺激台股指数突破17300点门槛，终场收在最高17323.87点，涨60.59点或0.35%，再次写下历史新高。成交量达台币4396.69亿元，台积电开低后持续拉回，跌幅收敛至台币1元。美股隔夜走势：全球新冠疫情恶化，印度疫情呈现失控局面，美债收益率走跌。美联储主席鲍威尔表示，尽管美国经济复苏改善，多数官员认为要等到2024年才会升息。企业财报消息未能提振美股，周二(4月21日)苹果春季发表会也未能激励其股价，能源和金融股领跌，航空股坠落，美国股市四大指数全数收黑。道琼斯指数跌256.33点或0.75%，收33821.30点；标准普尔500指数跌29.78点或0.72%，收4133.50点；纳斯达克指数跌128.50点或0.92%，收13786.27点；费城半导体指数跌49.56点或1.56%，收3121.43点。台股美国存托凭证(ADR)涨跌互见，台积电ADR跌0.39%；日月光ADR涨1.41%；联电ADR跌0.11%；中华电信ADR涨0.64%。机构盘前分析：国泰证期顾问处协理简伯仪表示，部份传统产业股涨多后拉回整理，电子也见到止稳，台股维持类股轮动，目前短中期均线、均量维持多头排列，指标高档钝化，台币重启升值态势，在未转弱之前偏多看待。万宝投顾分析师王荣旭表示，传统产业股这波大涨跌破许多投资者的眼镜，尽管股价已经涨上来，但他认为行情还没有结束原因有两个，首先是本益比还是相对偏低，再来则是筹码相对安定。他强调，传统产业和金融股被市场低估，法人对于传产总持股水位不到5%，内资与一般投资者大多持有电子股，少有传产跟金融股，就算最近追买，也因为成本高，稍微震荡随即就卖出股票，因此形成轧空手的情况。重点关注事件：美国商务部长雷蒙多(Gina Raimondo)在美国总统拜登的2.25万亿美元基础建设听证会上表示，美国完全依赖中国大陆和台湾地区的半导体制造，美国正面临着国家安全危机。韩国先驱报(Korea Herald)撰文指出，韩国三星意识到两国领导人会晤的重要性，正加快敲定美投资的新计划，旨在会晤结束后能回应两国政府的对话。美国德克萨斯州当局的文件显示，三星正计划在该州奥斯丁市建设170亿美元的晶圆厂房。同时，三星也与亚利桑那州、纽约州等进行对话，但依照目前三星的营运状况和税收优惠政策，奥斯丁市被视为是其中最具可能性的选项。这意味着，台积电目前不但面临着美国内部的反弹声浪，也持续受到同行三星和英特尔的夹击。焦点个股信息：鸿海(2317)董事长刘扬伟证实，集团旗下单位的确有跟记忆体大厂旺宏(2337)接触，表达对6吋晶圆厂的兴趣，但他对是否有投标则没有给出明确答案。DRAM 厂南亚科(2408)宣布，将在新北市泰山南林科技园区兴建一座双层无尘室的12吋先进晶圆厂，採用自主研发的10奈米制程技术，规划建置EUV极紫外光微影生产技术，月产能约4.5万片，计画今年底动工，2024 年开始第一阶段1.5万片量产，总投资额达台币3000亿元。","news_type":1,"symbols_score_info":{"TWmain":1,"03145":0.6,"TSM":1,"EWT":0.6}},"isVote":1,"tweetType":1,"viewCount":2235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}