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2021-07-17

Correction

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2021-08-23

Yeah. Continuity.

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2021-07-18

Contents contents contents

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2021-08-25

More years.

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2021-08-25

Wow.

Wall St extends rally, pushing S&P 500 to 50th all-time high close this year

2021-07-04

Stay safe

Suze Orman worries about a market crash — here's what you should do

2021-08-30

Wrong bet.

China regulator probes Ping An Insurance's property investments

2021-08-25

Finally. Afghan for afghans.

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2021-07-04

In the clouds

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2021-07-04

Wait

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Go to Tiger App to see more news

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It did not respond to queries on the regulatory probe. The CBIRC did not respond to a request for comment.</p>\n<p>The regulatory move comes after Ping An, the country's biggest insurer by assets, in February disclosed&nbsp;here&nbsp;a 54 billion yuan ($8.4 billion) exposure to the indebted China Fortune Land Development Co Ltd.</p>\n<p>Ping An made adjustments to its earnings figures including booking impairment provisions&nbsp;hereof 35.9 billion yuan for investments related to China Fortune in the first half of 2021, which contributed to a 15.5% fall in its net profit in the January to June period.</p>\n<p>China Fortune, a developer of industrial parks and urban real estate, said it had overdue debt and interest worth 69.2 billion yuan as of June-end, and that default and liquidity stress could impact its operations and financing.</p>\n<p>The regulatory probe into Ping An’s property portfolio also comes against the backdrop of Beijing sharpening its scrutiny of the country’s red-hot real estate market by tackling unbridled borrowing that has fuelled concern about financial risk.</p>\n<p>The government has been working to curb unregulated credit flows into the property market. And as new rules choke off shadow lending to developers, the squeeze is increasing the risk of default for some of the country’s biggest property players.</p>\n<p>The insurance regulator’s investigation into Ping An, the only insurer designated as systemically important, aims to uncover and contain risk connected to its property investment portfolio, said the people.</p>\n<p>The insurer’s total real estate-related exposure is 185.5 billion yuan, weighing roughly equally on equities, debt and investment properties and accounting for around 4.8% to 4.9% of its 3.8 trillion yuan total investment portfolio, according to a Citi research note.</p>\n<p>PROPERTY EXPOSURE</p>\n<p>The regulator’s latest on-site probe into Shenzhen-based Ping An, whose shares are down more than 40% this year, started this month, said one of the people, adding the CBIRC has been requesting documents since earlier this year.</p>\n<p>Also, the CBIRC in February ordered the insurer to halt the sale of so-called alternative investment products, leaving dozens in a team set up for the purpose without work, they said.</p>\n<p>Ping An’s other property investments include 14.1% of the shares in China Jinmao Holdings Group Ltd, 8% of Country Garden Holdings Co Ltd and 6.54% of CIFI Holdings (Group) Co Ltd, showed Refinitiv data based on company filings.</p>\n<p>China’s insurers have been busy unwinding or cutting their exposure to developers this year, said two people who work at mid-sized insurance firms.</p>\n<p>“All I’ve been doing is travelling to meet our different developer clients this year in different parts to China to tell them we can’t finance them anymore,” said one person who works at one of China’s top 10 insurance firms.</p>\n<p>“We’re cutting our exposure as part of our internal strategy,” the person said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China regulator probes Ping An Insurance's property investments</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina regulator probes Ping An Insurance's property investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/china-regulation-ping-an-of-china/exclusive-china-regulator-probes-ping-an-insurances-property-investments-sources-idUSL4N2PX22W><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI, Aug 30 (Reuters) - China’s banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd’s investments in the property market, two people with knowledge of the ...</p>\n\n<a href=\"https://www.reuters.com/article/china-regulation-ping-an-of-china/exclusive-china-regulator-probes-ping-an-insurances-property-investments-sources-idUSL4N2PX22W\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"601318":"中国平安","02318":"中国平安","PNGAY":"中国平安ADR"},"source_url":"https://www.reuters.com/article/china-regulation-ping-an-of-china/exclusive-china-regulator-probes-ping-an-insurances-property-investments-sources-idUSL4N2PX22W","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179773136","content_text":"SHANGHAI, Aug 30 (Reuters) - China’s banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd’s investments in the property market, two people with knowledge of the matter said, after the firm took a big profit hit from a soured bet.\nThe China Banking and Insurance Regulatory Commission (CBIRC) has also ordered the insurer to stop selling alternative investment products, which are typically tied to the property market, said the people, who declined to be identified as the information is not public.\nPing An in a statement said its real estate exposure was significantly lower than the regulatory cap. It did not respond to queries on the regulatory probe. The CBIRC did not respond to a request for comment.\nThe regulatory move comes after Ping An, the country's biggest insurer by assets, in February disclosed here a 54 billion yuan ($8.4 billion) exposure to the indebted China Fortune Land Development Co Ltd.\nPing An made adjustments to its earnings figures including booking impairment provisions hereof 35.9 billion yuan for investments related to China Fortune in the first half of 2021, which contributed to a 15.5% fall in its net profit in the January to June period.\nChina Fortune, a developer of industrial parks and urban real estate, said it had overdue debt and interest worth 69.2 billion yuan as of June-end, and that default and liquidity stress could impact its operations and financing.\nThe regulatory probe into Ping An’s property portfolio also comes against the backdrop of Beijing sharpening its scrutiny of the country’s red-hot real estate market by tackling unbridled borrowing that has fuelled concern about financial risk.\nThe government has been working to curb unregulated credit flows into the property market. And as new rules choke off shadow lending to developers, the squeeze is increasing the risk of default for some of the country’s biggest property players.\nThe insurance regulator’s investigation into Ping An, the only insurer designated as systemically important, aims to uncover and contain risk connected to its property investment portfolio, said the people.\nThe insurer’s total real estate-related exposure is 185.5 billion yuan, weighing roughly equally on equities, debt and investment properties and accounting for around 4.8% to 4.9% of its 3.8 trillion yuan total investment portfolio, according to a Citi research note.\nPROPERTY EXPOSURE\nThe regulator’s latest on-site probe into Shenzhen-based Ping An, whose shares are down more than 40% this year, started this month, said one of the people, adding the CBIRC has been requesting documents since earlier this year.\nAlso, the CBIRC in February ordered the insurer to halt the sale of so-called alternative investment products, leaving dozens in a team set up for the purpose without work, they said.\nPing An’s other property investments include 14.1% of the shares in China Jinmao Holdings Group Ltd, 8% of Country Garden Holdings Co Ltd and 6.54% of CIFI Holdings (Group) Co Ltd, showed Refinitiv data based on company filings.\nChina’s insurers have been busy unwinding or cutting their exposure to developers this year, said two people who work at mid-sized insurance firms.\n“All I’ve been doing is travelling to meet our different developer clients this year in different parts to China to tell them we can’t finance them anymore,” said one person who works at one of China’s top 10 insurance firms.\n“We’re cutting our exposure as part of our internal strategy,” the person said.","news_type":1,"symbols_score_info":{"601318":0.9,"02318":0.9,"PNGAY":0.9}},"isVote":1,"tweetType":1,"viewCount":2360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813627404,"gmtCreate":1630200234808,"gmtModify":1676530241039,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Good prospect.","listText":"Good prospect.","text":"Good prospect.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813627404","repostId":"1190647001","repostType":4,"repost":{"id":"1190647001","kind":"news","pubTimestamp":1630069423,"share":"https://ttm.financial/m/news/1190647001?lang=en_US&edition=fundamental","pubTime":"2021-08-27 21:03","market":"us","language":"en","title":"Intel: Value Trap Or Buy The Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=1190647001","media":"seekingalpha","summary":"Summary\n\nWhile most semiconductor stocks have been enjoying a nice rally this year, Intel was appare","content":"<p><b>Summary</b></p>\n<ul>\n <li>While most semiconductor stocks have been enjoying a nice rally this year, Intel was apparently not invited to the party.</li>\n <li>During the past six months, Intel is actually down 15%.</li>\n <li>The question remains whether or not the stock is a value trap or a coiled spring ready to pop.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65b0d1e3cc9b919c60cd62c91975b386\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Nodar Chernishev/iStock via Getty Images</span></p>\n<p>Just as industrial giants like Ford Motor Co. (F), Caterpillar (CAT), and 3M Co. (MMM) propelled the U.S. (and the world) forward in the early 20th Century with major industrial innovations, the semiconductor manufacturers are driving the technology revolution of the 21st Century.</p>\n<p>It seems like chips are needed in everything these days,andthe pressure is on to make things faster, smaller, and cheaper.</p>\n<p>That said, while most semiconductor stocks have been enjoying a nice rally this year (for good reason),IntelCorp. (INTC) was apparently not invited to the party (or maybe it's just late?).</p>\n<p>As shown in the chart below, the bifurcation between the winners and the losers in the space has become quite clear over the past 6 months. Chip darlings like NVIDIA Corp. (NVDA) and Advanced Micro Devices (AMD) are up 52.9% and 24.5%, respectively.</p>\n<p>Meanwhile, Intel is down 14.9% and Micron Technology (MU) is down over 20%!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/197282917802a0c939a75f60ec792487\" tg-width=\"635\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>While we have recently penned our thoughts about&nbsp;Micron,NVIDIA, and&nbsp;Advanced Micro Devices, it's time to dig deeper into Intel too.</p>\n<p>To be fair, Intel has had its fair share of challenges this year,despitegeneral tailwinds in the industry (i.e., chip demand far outpacing supply).</p>\n<p>Specifically, Intel has had some well-documented manufacturing blunders that have caused major delays (and loss of some market share). This has triggered concern amongst investors that the stock may be a potential \"value trap\" now.</p>\n<p>All that said, I'm definitely in the camp that believes that this industry veteran could still be a coiled spring ready to pop with potential to close the gap with some of the winners (like NVDA and AMD).</p>\n<p>Personally, I don't think we are anywhere near peak demand for chips and I believe that Intel's fabrication capabilities are (and will continue to be) a huge advantage for the company for years to come.</p>\n<p>The rest of this article will take a quantitative look at Intel to confirm my qualitative assumptions that the stock should be trading higher from here:</p>\n<ul>\n <li>Long-Term Thesis (Dividend, Safety, Value)</li>\n <li>Short-Term Thesis (Strike Zone, EPS Risk, Technical Support)</li>\n <li>Upside Target</li>\n <li>Cash-Secured Put Analysis (Premium Yield, Margin-of-Safety, Delta)</li>\n <li>Downside Considerations</li>\n <li>Conclusion</li>\n</ul>\n<p><i>Sources for all data and tables below: Option Income Advisor and YCharts</i></p>\n<p><b>Intel Corp.</b></p>\n<blockquote>\n Sector/Industry: Technology / Semiconductors\n</blockquote>\n<blockquote>\n Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's Law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas.\n <i>(Source:</i>\n <i>YCharts</i>\n <i>)</i>\n</blockquote>\n<p><b>Long-Term Thesis (Dividend, Safety, Value)</b></p>\n<p>In general, our high-level long-term investment thesis on a stock is more quantitative in nature than qualitative.</p>\n<p>That said, Intel currently ranks very well across our key long-term ranking measures: Dividend (7), Safety (8), Value (10)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/409ba12610069e477e6973a53eabf653\" tg-width=\"640\" tg-height=\"124\" width=\"100%\" height=\"auto\"><span>Note that our rankings are from 1 (lowest) to 10 (highest).</span></p>\n<p><b>Dividend</b></p>\n<p>Intel has raised its dividend in each of the past seven years and currently yields 2.6% with a reasonably low payout ratio of 29.1%.</p>\n<p><img src=\"https://static.tigerbbs.com/8b59d73a44d9e1f67468b8fdd556e45d\" tg-width=\"566\" tg-height=\"347\" width=\"100%\" height=\"auto\"></p>\n<p>In addition, the company has steadily been growing its annual payout, with 1-year, 5-year, and 10-year compound annual growth rates of 4.8%, 6.6%, and 7.7%, respectively.</p>\n<p><b>Safety</b></p>\n<p>Up until 2020, Intel had experienced relatively stable sales and EPS growth. However, manufacturing delays over the past year or so have caused sales and EPS to dip. Management does expect operations to stabilize in 2022 and 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/88ce38e4effa43f86f74784d75217bf6\" tg-width=\"640\" tg-height=\"245\" width=\"100%\" height=\"auto\"><span>Source: Option Income Advisor / YCharts</span></p>\n<p>That said, the company's balance sheet remains strong with $25 billion of cash/short-term investments and management is producing a solid return on invested capital of 16%.</p>\n<p>Intel's low historical stock volatility, with a five-year standard deviation of 29% and a beta of 0.60, is also adding to its relatively high Safety Ranking.</p>\n<p><b>Valuation</b></p>\n<p>Intel currently carries our top rating of 10 for valuation. As shown in the table below, the company is trading at a discount compared to its historical averages across all 4 valuation multiples we look at.</p>\n<p><img src=\"https://static.tigerbbs.com/e7036b246d6d8630a59b53041a502b8e\" tg-width=\"572\" tg-height=\"229\" width=\"100%\" height=\"auto\"></p>\n<p>Intel also has a very attractive shareholder yield of 8.3%.<i>Note that shareholder yield is the combination of buyback yield and dividend yield.</i></p>\n<p><b>Long-Term View</b></p>\n<p>Based on the data above and our various rankings, we have a Bullish long-term perspective on Intel. Although sales and EPS are just starting to stabilize from the recent dip, the company's valuation and volatility profile are very attractive.</p>\n<p><b>Short-Term Thesis (Strike Zone, EPS Risk, Technical Support)</b></p>\n<p>From a short-term perspective (especially as it's related to selling cash-secured puts), estimating a good \"strike zone\" is key to our analysis. Our strike zone takes into account (1) the stock's volatility, (2) recent performance (i.e., how much has it already pulled back from its recent highs), (3) near-term EPS risk, and (4) the overall volatility of the market (i.e., VIX level).</p>\n<p>As shown in the table below, our strike zone for Intel currently is $47.00-$51.00, representing a required minimum margin of safety of 5.3%.</p>\n<p><img src=\"https://static.tigerbbs.com/c01b1ac65c7cbccb50edf71635ab87c2\" tg-width=\"640\" tg-height=\"163\" width=\"100%\" height=\"auto\"></p>\n<p>As discussed in the safety ranking analysis above, Intel ranks positively on a relative basis for stock Volatility/Risk. In addition, the stock has already pulled back over 21% from its recent high (so its Pullback Indicator also ranks positively). Both of these strike zone factors help keep the minimum required margin of safety at a reasonable level of 5.3%.</p>\n<p>Also, Intel's next EPS announcement is 58 days out, so we won't have any EPS risk to worry about in the near term.</p>\n<p>As shown in the chart below, the stock's uptrend has been broken with shares trading below both the 50-day moving average (blue line) and the 200-day moving average (red line). That said, we think the stock could have put in a short-term bottom around $52.00 a few days ago and we would look for that level to hold as support.</p>\n<p><img src=\"https://static.tigerbbs.com/322a2276f8f4edb75ed9e614f7a547e4\" tg-width=\"640\" tg-height=\"451\" width=\"100%\" height=\"auto\"></p>\n<p><b>Short-Term View</b></p>\n<p>There appears to be some decent technical support around the high end of our strike zone of $47.00-$51.00,whichobviously makes us feel relatively good about holding the stock and potentially selling additional cash-secured puts in the strike zone if we can.</p>\n<p><b>Upside Considerations (Target Price)</b></p>\n<p>Despite 26 of the 42 Wall Street analysts having a \"Hold\" rating or lower on the stock, the consensus price target for Intel is still $63.00 (representing over 17% upside from current levels).</p>\n<p>Also, with so many analysts currently at \"Hold\" or below, it opens the door for a flurry of upgrades in the future (which typically come with price target hikes as well). This catalyst could be significant.</p>\n<p>That said, we also think that there's definitely some room for margin expansion for Intel in the short term as the company's earnings stabilize.</p>\n<p>If you put just a 15x multiple on forward earnings of $4.50 per share, that would equate to a $67.50 stock price (representing over 25% upside from current levels).</p>\n<p><b>Cash-Secured Put Analysis (Premium Yield, Margin-of-Safety, Delta)</b></p>\n<p>Although we already own the stock, we think that now is a good time to potentially add to our position and ride the upside.</p>\n<p>For new investors, we think the stock is really attractive at current levels and would recommend it as a buy.</p>\n<p>We primarily trade an income strategy that we call the Triple Income Wheel, which starts with writing cash-secured puts on high-quality stocks that you would like to own at a lower price. We won't go into full detail here, but the diagram below is a good summary of the strategy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/25fe478b0167c759cd88403a036f0f0c\" tg-width=\"640\" tg-height=\"640\" width=\"100%\" height=\"auto\"><span>(Source: Option Income Advisor)</span></p>\n<p>Ideally, when we sell a cash-secured put and start the Triple Income Wheel process, our put is in our \"Strike Zone\" for that stock. In our opinion, that puts the odds of long-term success in our favor.</p>\n<p>The three main data points we look at when analyzing a cash-secured put trade are:</p>\n<ul>\n <li>Premium Yield% (or Average Monthly Yield%): Measure of expected return on capital assuming that the option expires worthless (out-of-the-money).<i>Assumes that the option is fully cash secured.</i></li>\n <li>Margin-of-Safety %: Measure of downside protection or the percentage that the underlying stock could decline and would still allow you to break even on the option trade.</li>\n <li>Delta: A good proxy for the probability that the put option will finish in-the-money.</li>\n</ul>\n<p><i>Note that there's always a negative correlation between Premium Yield and Margin of Safety: The higher the Premium Yield for a given strike month, the lower the Margin of Safety.</i></p>\n<p><i>An investor always should be honest with themselves about their risk tolerance. The Triple Income Wheel can be adapted to suit your needs.</i></p>\n<p>Now let's look at the cash-secured put analysis for Intel. We're focused on the September monthly contract that expires on 9/17/21.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fca238403b1a39eadf67d5459adca855\" tg-width=\"640\" tg-height=\"367\" width=\"100%\" height=\"auto\"><span>(Source: Option Income Advisor)</span></p>\n<p>We have highlighted three levels of trades based on various risk profiles: Aggressive (-A-), Base (-B-), and Conservative (-C-).<i>Please listen to the video above for further details.</i></p>\n<p>Ideally, we like to stick with our target levels for our Base portfolio:</p>\n<ul>\n <li>Average Monthly Yield % (AMY%): 1.0%-1.5%</li>\n <li>Strike price that is in the strike zone (i.e., margin of safety above the required minimum)</li>\n <li>Delta &lt; 30</li>\n</ul>\n<p>The INTC Sept 17th $52.00 put option @ ~$0.50 meets all of our criteria with an AMY% of 1.3%, a Margin-of-Safety of 3.4%, and a Delta of 26.</p>\n<p><i>Again, based on your risk tolerance, you could choose a strike price that is more aggressive ($52.50 strike) or more conservative ($50.00 strike) than the base trade.</i></p>\n<p><b>Downside Considerations</b></p>\n<p>Assuming we sold the INTC Sept 17th $52.00 strike put option @ $0.50, we would collect $50.00 of premium for each option contract sold. In return for this premium, we agree (and are obligated) to buy 100 shares of INTC stock for each contract sold at the strike price of $52.00.</p>\n<p>If the stock stays above $52.00 between now and expiration (9/17/21), the option expires worthless and we keep the premium of $0.50.</p>\n<p>However,<i>the downside of this trade comes into play if the stock closes below $52.00 on expiration (9/17/21). Since we're obligated to buy the stock at $52.00, we would have a potential unrealized capital loss on our hands (depending on how low the stock closed on expiration)</i>. We do get to keep the premium either way though, so our breakeven cost basis would be $51.50 ($52.00 - $0.50).</p>\n<p>All that said, when managing the Triple Income Wheel, you should expect to take assignment (buy the stock) on 5%-10% of your cash-secured put trades.</p>\n<p>But when this happens, we get to move to step 3 in the diagram above and&nbsp;sell some covered calls on our stock position&nbsp;to start the income flowing again and start mitigating our risk right away.</p>\n<p><b>Conclusion</b></p>\n<p>Based on our long-term and short-term views on Intel, we believe that the stock is a good buy at current levels,butit's even a bigger win if you can add to your Intel position with a cost basis of $51.50 (and sit back and collect the dividend as the stock rises).</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel: Value Trap Or Buy The Dip?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel: Value Trap Or Buy The Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4452025-intel-value-trap-or-buy-the-dip><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWhile most semiconductor stocks have been enjoying a nice rally this year, Intel was apparently not invited to the party.\nDuring the past six months, Intel is actually down 15%.\nThe question ...</p>\n\n<a href=\"https://seekingalpha.com/article/4452025-intel-value-trap-or-buy-the-dip\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/article/4452025-intel-value-trap-or-buy-the-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190647001","content_text":"Summary\n\nWhile most semiconductor stocks have been enjoying a nice rally this year, Intel was apparently not invited to the party.\nDuring the past six months, Intel is actually down 15%.\nThe question remains whether or not the stock is a value trap or a coiled spring ready to pop.\n\nNodar Chernishev/iStock via Getty Images\nJust as industrial giants like Ford Motor Co. (F), Caterpillar (CAT), and 3M Co. (MMM) propelled the U.S. (and the world) forward in the early 20th Century with major industrial innovations, the semiconductor manufacturers are driving the technology revolution of the 21st Century.\nIt seems like chips are needed in everything these days,andthe pressure is on to make things faster, smaller, and cheaper.\nThat said, while most semiconductor stocks have been enjoying a nice rally this year (for good reason),IntelCorp. (INTC) was apparently not invited to the party (or maybe it's just late?).\nAs shown in the chart below, the bifurcation between the winners and the losers in the space has become quite clear over the past 6 months. Chip darlings like NVIDIA Corp. (NVDA) and Advanced Micro Devices (AMD) are up 52.9% and 24.5%, respectively.\nMeanwhile, Intel is down 14.9% and Micron Technology (MU) is down over 20%!\nData by YCharts\nWhile we have recently penned our thoughts about Micron,NVIDIA, and Advanced Micro Devices, it's time to dig deeper into Intel too.\nTo be fair, Intel has had its fair share of challenges this year,despitegeneral tailwinds in the industry (i.e., chip demand far outpacing supply).\nSpecifically, Intel has had some well-documented manufacturing blunders that have caused major delays (and loss of some market share). This has triggered concern amongst investors that the stock may be a potential \"value trap\" now.\nAll that said, I'm definitely in the camp that believes that this industry veteran could still be a coiled spring ready to pop with potential to close the gap with some of the winners (like NVDA and AMD).\nPersonally, I don't think we are anywhere near peak demand for chips and I believe that Intel's fabrication capabilities are (and will continue to be) a huge advantage for the company for years to come.\nThe rest of this article will take a quantitative look at Intel to confirm my qualitative assumptions that the stock should be trading higher from here:\n\nLong-Term Thesis (Dividend, Safety, Value)\nShort-Term Thesis (Strike Zone, EPS Risk, Technical Support)\nUpside Target\nCash-Secured Put Analysis (Premium Yield, Margin-of-Safety, Delta)\nDownside Considerations\nConclusion\n\nSources for all data and tables below: Option Income Advisor and YCharts\nIntel Corp.\n\n Sector/Industry: Technology / Semiconductors\n\n\n Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's Law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas.\n (Source:\nYCharts\n)\n\nLong-Term Thesis (Dividend, Safety, Value)\nIn general, our high-level long-term investment thesis on a stock is more quantitative in nature than qualitative.\nThat said, Intel currently ranks very well across our key long-term ranking measures: Dividend (7), Safety (8), Value (10)\nNote that our rankings are from 1 (lowest) to 10 (highest).\nDividend\nIntel has raised its dividend in each of the past seven years and currently yields 2.6% with a reasonably low payout ratio of 29.1%.\n\nIn addition, the company has steadily been growing its annual payout, with 1-year, 5-year, and 10-year compound annual growth rates of 4.8%, 6.6%, and 7.7%, respectively.\nSafety\nUp until 2020, Intel had experienced relatively stable sales and EPS growth. However, manufacturing delays over the past year or so have caused sales and EPS to dip. Management does expect operations to stabilize in 2022 and 2023.\nSource: Option Income Advisor / YCharts\nThat said, the company's balance sheet remains strong with $25 billion of cash/short-term investments and management is producing a solid return on invested capital of 16%.\nIntel's low historical stock volatility, with a five-year standard deviation of 29% and a beta of 0.60, is also adding to its relatively high Safety Ranking.\nValuation\nIntel currently carries our top rating of 10 for valuation. As shown in the table below, the company is trading at a discount compared to its historical averages across all 4 valuation multiples we look at.\n\nIntel also has a very attractive shareholder yield of 8.3%.Note that shareholder yield is the combination of buyback yield and dividend yield.\nLong-Term View\nBased on the data above and our various rankings, we have a Bullish long-term perspective on Intel. Although sales and EPS are just starting to stabilize from the recent dip, the company's valuation and volatility profile are very attractive.\nShort-Term Thesis (Strike Zone, EPS Risk, Technical Support)\nFrom a short-term perspective (especially as it's related to selling cash-secured puts), estimating a good \"strike zone\" is key to our analysis. Our strike zone takes into account (1) the stock's volatility, (2) recent performance (i.e., how much has it already pulled back from its recent highs), (3) near-term EPS risk, and (4) the overall volatility of the market (i.e., VIX level).\nAs shown in the table below, our strike zone for Intel currently is $47.00-$51.00, representing a required minimum margin of safety of 5.3%.\n\nAs discussed in the safety ranking analysis above, Intel ranks positively on a relative basis for stock Volatility/Risk. In addition, the stock has already pulled back over 21% from its recent high (so its Pullback Indicator also ranks positively). Both of these strike zone factors help keep the minimum required margin of safety at a reasonable level of 5.3%.\nAlso, Intel's next EPS announcement is 58 days out, so we won't have any EPS risk to worry about in the near term.\nAs shown in the chart below, the stock's uptrend has been broken with shares trading below both the 50-day moving average (blue line) and the 200-day moving average (red line). That said, we think the stock could have put in a short-term bottom around $52.00 a few days ago and we would look for that level to hold as support.\n\nShort-Term View\nThere appears to be some decent technical support around the high end of our strike zone of $47.00-$51.00,whichobviously makes us feel relatively good about holding the stock and potentially selling additional cash-secured puts in the strike zone if we can.\nUpside Considerations (Target Price)\nDespite 26 of the 42 Wall Street analysts having a \"Hold\" rating or lower on the stock, the consensus price target for Intel is still $63.00 (representing over 17% upside from current levels).\nAlso, with so many analysts currently at \"Hold\" or below, it opens the door for a flurry of upgrades in the future (which typically come with price target hikes as well). This catalyst could be significant.\nThat said, we also think that there's definitely some room for margin expansion for Intel in the short term as the company's earnings stabilize.\nIf you put just a 15x multiple on forward earnings of $4.50 per share, that would equate to a $67.50 stock price (representing over 25% upside from current levels).\nCash-Secured Put Analysis (Premium Yield, Margin-of-Safety, Delta)\nAlthough we already own the stock, we think that now is a good time to potentially add to our position and ride the upside.\nFor new investors, we think the stock is really attractive at current levels and would recommend it as a buy.\nWe primarily trade an income strategy that we call the Triple Income Wheel, which starts with writing cash-secured puts on high-quality stocks that you would like to own at a lower price. We won't go into full detail here, but the diagram below is a good summary of the strategy.\n(Source: Option Income Advisor)\nIdeally, when we sell a cash-secured put and start the Triple Income Wheel process, our put is in our \"Strike Zone\" for that stock. In our opinion, that puts the odds of long-term success in our favor.\nThe three main data points we look at when analyzing a cash-secured put trade are:\n\nPremium Yield% (or Average Monthly Yield%): Measure of expected return on capital assuming that the option expires worthless (out-of-the-money).Assumes that the option is fully cash secured.\nMargin-of-Safety %: Measure of downside protection or the percentage that the underlying stock could decline and would still allow you to break even on the option trade.\nDelta: A good proxy for the probability that the put option will finish in-the-money.\n\nNote that there's always a negative correlation between Premium Yield and Margin of Safety: The higher the Premium Yield for a given strike month, the lower the Margin of Safety.\nAn investor always should be honest with themselves about their risk tolerance. The Triple Income Wheel can be adapted to suit your needs.\nNow let's look at the cash-secured put analysis for Intel. We're focused on the September monthly contract that expires on 9/17/21.\n(Source: Option Income Advisor)\nWe have highlighted three levels of trades based on various risk profiles: Aggressive (-A-), Base (-B-), and Conservative (-C-).Please listen to the video above for further details.\nIdeally, we like to stick with our target levels for our Base portfolio:\n\nAverage Monthly Yield % (AMY%): 1.0%-1.5%\nStrike price that is in the strike zone (i.e., margin of safety above the required minimum)\nDelta < 30\n\nThe INTC Sept 17th $52.00 put option @ ~$0.50 meets all of our criteria with an AMY% of 1.3%, a Margin-of-Safety of 3.4%, and a Delta of 26.\nAgain, based on your risk tolerance, you could choose a strike price that is more aggressive ($52.50 strike) or more conservative ($50.00 strike) than the base trade.\nDownside Considerations\nAssuming we sold the INTC Sept 17th $52.00 strike put option @ $0.50, we would collect $50.00 of premium for each option contract sold. In return for this premium, we agree (and are obligated) to buy 100 shares of INTC stock for each contract sold at the strike price of $52.00.\nIf the stock stays above $52.00 between now and expiration (9/17/21), the option expires worthless and we keep the premium of $0.50.\nHowever,the downside of this trade comes into play if the stock closes below $52.00 on expiration (9/17/21). Since we're obligated to buy the stock at $52.00, we would have a potential unrealized capital loss on our hands (depending on how low the stock closed on expiration). We do get to keep the premium either way though, so our breakeven cost basis would be $51.50 ($52.00 - $0.50).\nAll that said, when managing the Triple Income Wheel, you should expect to take assignment (buy the stock) on 5%-10% of your cash-secured put trades.\nBut when this happens, we get to move to step 3 in the diagram above and sell some covered calls on our stock position to start the income flowing again and start mitigating our risk right away.\nConclusion\nBased on our long-term and short-term views on Intel, we believe that the stock is a good buy at current levels,butit's even a bigger win if you can add to your Intel position with a cost basis of $51.50 (and sit back and collect the dividend as the stock rises).","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":2767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837992008,"gmtCreate":1629851343204,"gmtModify":1676530150021,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Higher and higher.","listText":"Higher and higher.","text":"Higher and higher.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837992008","repostId":"1118026600","repostType":4,"isVote":1,"tweetType":1,"viewCount":3096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837999476,"gmtCreate":1629851149095,"gmtModify":1676530149924,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"More years.","listText":"More years.","text":"More years.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837999476","repostId":"1167446644","repostType":4,"isVote":1,"tweetType":1,"viewCount":3393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837907228,"gmtCreate":1629851046764,"gmtModify":1676530149881,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Consistent.","listText":"Consistent.","text":"Consistent.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837907228","repostId":"2161081224","repostType":4,"isVote":1,"tweetType":1,"viewCount":2621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837901632,"gmtCreate":1629850824926,"gmtModify":1676530149646,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Finally. Afghan for afghans.","listText":"Finally. Afghan for afghans.","text":"Finally. Afghan for afghans.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837901632","repostId":"2162080258","repostType":4,"isVote":1,"tweetType":1,"viewCount":3045,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837900732,"gmtCreate":1629850683526,"gmtModify":1676530149584,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Wow.","listText":"Wow.","text":"Wow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837900732","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629836173,"share":"https://ttm.financial/m/news/2162087564?lang=en_US&edition=fundamental","pubTime":"2021-08-25 04:16","market":"us","language":"en","title":"Wall St extends rally, pushing S&P 500 to 50th all-time high close this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2162087564","media":"Reuters","summary":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesda","content":"<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St extends rally, pushing S&P 500 to 50th all-time high close this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St extends rally, pushing S&P 500 to 50th all-time high close this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-25 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","SDS":"两倍做空标普500 ETF-ProShares","SH":"做空标普500-Proshares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares",".DJI":"道琼斯","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","OEX":"标普100","OEF":"标普100指数ETF-iShares",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162087564","content_text":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.\nAll three major U.S. stock indexes advanced higher, with the S&P 500 and the Nasdaq closing at all-time closing highs.\nThe session marked the S&P 500's 50th record high close so far this year.\nTech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps outperformed the broader market.\n\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"\nThe Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.\nTravel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.\n\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"\nRecent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.\nFed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.\nThe event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.\n\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.\nThe Dow Jones Industrial Average rose 30.55 points, or 0.09%, to 35,366.26, the S&P 500 gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite added 77.15 points, or 0.52%, to 15,019.80.\nEnergy was the top gainer among the 11 major sectors in the S&P 500, boosted by the continued rally in crude prices.\nBest Buy Co Inc jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.\nU.S.-listed shares of China-based e-commerce platform Pinduoduo Inc surged 22.2% after reporting its first ever quarterly profit.\nJD.com gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.\nOther shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF jumping 8.0%.\nCybersecurity firm Palo Alto Networks Inc advanced18.6% as brokerages raised their price targets following its full-year forecast beat.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.\nThe S&P 500 posted 28 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.\nVolume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SDS":0.9,".IXIC":0.9,".SPX":0.9,"SSO":0.9,"SH":0.9,".DJI":0.9,"ESmain":0.9,"IVV":0.9,"SPXU":0.9,"SPY":0.9,"UPRO":0.9,"OEX":0.9,"OEF":0.9}},"isVote":1,"tweetType":1,"viewCount":2456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835024293,"gmtCreate":1629681744912,"gmtModify":1676530095573,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Yes.","listText":"Yes.","text":"Yes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835024293","repostId":"2161741461","repostType":4,"isVote":1,"tweetType":1,"viewCount":2723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835026822,"gmtCreate":1629681672666,"gmtModify":1676530095504,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Great.","listText":"Great.","text":"Great.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835026822","repostId":"1192930157","repostType":2,"isVote":1,"tweetType":1,"viewCount":2683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835021375,"gmtCreate":1629681618197,"gmtModify":1676530095460,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Great.","listText":"Great.","text":"Great.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835021375","repostId":"1192930157","repostType":2,"isVote":1,"tweetType":1,"viewCount":2670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835067316,"gmtCreate":1629681480035,"gmtModify":1676530095371,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835067316","repostId":"2161745814","repostType":4,"repost":{"id":"2161745814","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1629493200,"share":"https://ttm.financial/m/news/2161745814?lang=en_US&edition=fundamental","pubTime":"2021-08-21 05:00","market":"hk","language":"en","title":"S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians","url":"https://stock-news.laohu8.com/highlight/detail?id=2161745814","media":"Dow Jones","summary":"It is an unbearable lightness of being for the S&P 500 index.\nThe broad-market measure of a basket o","content":"<p>It is an unbearable lightness of being for the S&amp;P 500 index.</p>\n<p>The broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.</p>\n<p>Yet, the S&amp;P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.</p>\n<p><img src=\"https://static.tigerbbs.com/d5d7a23827730d58001a0b40420acd79\" tg-width=\"981\" tg-height=\"437\" width=\"100%\" height=\"auto\">It is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&amp;P 500 index, the attached table shows.</p>\n<p>There clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.</p>\n<p>Buying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&amp;P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.</p>\n<p>There is, of course, a sense that the party for stocks can’t last forever.</p>\n<p>So, how does the market tend to perform in period after such a protracted bullish run?</p>\n<p>The data set is very small but the S&amp;P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/d556c67fc01e330a57abb4c65802c29d\" tg-width=\"964\" tg-height=\"626\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hasn't fallen 5% from a peak in nearly 200 sessions--what that tells market historians\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-21 05:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>It is an unbearable lightness of being for the S&amp;P 500 index.</p>\n<p>The broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.</p>\n<p>Yet, the S&amp;P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.</p>\n<p><img src=\"https://static.tigerbbs.com/d5d7a23827730d58001a0b40420acd79\" tg-width=\"981\" tg-height=\"437\" width=\"100%\" height=\"auto\">It is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&amp;P 500 index, the attached table shows.</p>\n<p>There clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.</p>\n<p>Buying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&amp;P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.</p>\n<p>There is, of course, a sense that the party for stocks can’t last forever.</p>\n<p>So, how does the market tend to perform in period after such a protracted bullish run?</p>\n<p>The data set is very small but the S&amp;P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/d556c67fc01e330a57abb4c65802c29d\" tg-width=\"964\" tg-height=\"626\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","SH":"做空标普500-Proshares","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares","SPY":"标普500ETF","OEX":"标普100","UPRO":"三倍做多标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","OEF":"标普100指数ETF-iShares","IVV":"标普500ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161745814","content_text":"It is an unbearable lightness of being for the S&P 500 index.\nThe broad-market measure of a basket of 500 U.S. stocks has been preternaturally resistant to pullbacks of late, despite concerns about the spread of the highly transmissible delta variant of COVID-19 and worries that the Federal Reserve’s strategy to reduce its bond purchases may be ill-timed.\nYet, the S&P 500 indexSPX,+0.81%has seen a largely uninterrupted ascent to such a degree that Friday marked the 200th session without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since 2016, when the market went 404 sessions without falling by at least 5% peak to trough.\nIt is extremely rare for the market to enjoy such a period of relative effervescence. Indeed, such lengthy stretches without a 5% pullback or better have occurred on only eight occasions in the S&P 500 index, the attached table shows.\nThere clearly are reasons why the market is clambering higher in the recovery from COVID, set againsta daunting wall of worry. Investors are jockeying between areas of the market that are expected to boost revenue and profit faster than the rest of the pack and those that are beaten down and might benefit from a fuller economic rebound from coronavirus.\nBuying on Monday helped the Dow Jones Industrial AverageDJIA,+0.65%and the S&P 500 indexSPX,+0.81%produce their 35th and 49th record all-time closing highs of 2021, respectively. Meanwhile, the Nasdaq Composite IndexCOMP,+1.19%stands a little over 2.5% from its record high put in on Aug. 5.\nThere is, of course, a sense that the party for stocks can’t last forever.\nSo, how does the market tend to perform in period after such a protracted bullish run?\nThe data set is very small but the S&P 500 has mostly climbed on a median basis, falling 1.2% in the following year but producing a median gain of 17.6% in a two-year period and 55% in the ensuing five-year period. The mean average return is better, showing a gain of 6.5%, 27.4% and 64%, respectively.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".SPX":0.9,"OEX":0.9,"UPRO":0.9,"OEF":0.9,"SPY":0.9,"IVV":0.9,"SH":0.9,"SSO":0.9,"ESmain":0.9,"SDS":0.9,"SPXU":0.9}},"isVote":1,"tweetType":1,"viewCount":1185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835069349,"gmtCreate":1629681254981,"gmtModify":1676530095174,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Yeah. Continuity.","listText":"Yeah. Continuity.","text":"Yeah. Continuity.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/835069349","repostId":"2161741461","repostType":4,"isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894543958,"gmtCreate":1628842707274,"gmtModify":1676529871877,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Food is the new black.","listText":"Food is the new black.","text":"Food is the new black.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/894543958","repostId":"1166024136","repostType":4,"repost":{"id":"1166024136","kind":"news","pubTimestamp":1628837415,"share":"https://ttm.financial/m/news/1166024136?lang=en_US&edition=fundamental","pubTime":"2021-08-13 14:50","market":"us","language":"en","title":"Olam looking to raise about $3 bln via food ingredients London IPO - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1166024136","media":"Reuters","summary":"SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), one of the world's biggest agricultural c","content":"<p>SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's biggest agricultural commodity traders, is considering raising about 2 billion pounds ($2.8 billion) through the IPO of its food ingredients unit in London, which is set to take place next year, sources familiar with the matter told Reuters on Friday.</p>\n<p>The company backed by Singapore state investor Temasek Holdings (TEM.UL) and Mitsubishi Corp(8058.T)has appointed five global banks on the IPO, which is likely to rank among the biggest such offerings in London in the last few years, the sources said.</p>\n<p>Olam declined to comment on the fundraising amount but said on Friday that it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next year.</p>\n<p>The listing is part of a restructuring plan flagged last year, under which Olam is splitting its portfolio of diverse products into two new operating businesses as it aims to better position itself to a different set of global investors.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> of the sources said Olam had appointed <a href=\"https://laohu8.com/S/C\">Citigroup</a>, Credit Suisse, HSBC, JPMorgan and <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> to work on the IPO.</p>\n<p>Citi and JPMorgan declined to comment and there was no immediate response from the other banks.</p>\n<p>Olam Food Ingredients includes Olam's cocoa, coffee and edible nuts businesses, and Olam Global Agri comprises grains and animal feed, edible oils, rice and cotton, among others.</p>\n<p>($1 = 0.7242 pounds)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Olam looking to raise about $3 bln via food ingredients London IPO - sources</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\">\nOlam looking to raise about $3 bln via food ingredients London IPO - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/exclusive-olam-considering-raising-2-bln-pounds-via-food-ingredients-london-ipo-2021-08-13/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), one of the world's biggest agricultural commodity traders, is considering raising about 2 billion pounds ($2.8 billion) through the IPO of ...</p>\n\n<a href=\"https://www.reuters.com/business/exclusive-olam-considering-raising-2-bln-pounds-via-food-ingredients-london-ipo-2021-08-13/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利"},"source_url":"https://www.reuters.com/business/exclusive-olam-considering-raising-2-bln-pounds-via-food-ingredients-london-ipo-2021-08-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166024136","content_text":"SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), one of the world's biggest agricultural commodity traders, is considering raising about 2 billion pounds ($2.8 billion) through the IPO of its food ingredients unit in London, which is set to take place next year, sources familiar with the matter told Reuters on Friday.\nThe company backed by Singapore state investor Temasek Holdings (TEM.UL) and Mitsubishi Corp(8058.T)has appointed five global banks on the IPO, which is likely to rank among the biggest such offerings in London in the last few years, the sources said.\nOlam declined to comment on the fundraising amount but said on Friday that it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next year.\nThe listing is part of a restructuring plan flagged last year, under which Olam is splitting its portfolio of diverse products into two new operating businesses as it aims to better position itself to a different set of global investors.\nTwo of the sources said Olam had appointed Citigroup, Credit Suisse, HSBC, JPMorgan and Morgan Stanley to work on the IPO.\nCiti and JPMorgan declined to comment and there was no immediate response from the other banks.\nOlam Food Ingredients includes Olam's cocoa, coffee and edible nuts businesses, and Olam Global Agri comprises grains and animal feed, edible oils, rice and cotton, among others.\n($1 = 0.7242 pounds)","news_type":1,"symbols_score_info":{"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":747,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179423013,"gmtCreate":1626572698832,"gmtModify":1703761830364,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Multiverses are here.","listText":"Multiverses are here.","text":"Multiverses are here.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179423013","repostId":"2151892500","repostType":4,"isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179481136,"gmtCreate":1626571454525,"gmtModify":1703761804029,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Contents contents contents","listText":"Contents contents contents","text":"Contents contents contents","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179481136","repostId":"2152897876","repostType":4,"isVote":1,"tweetType":1,"viewCount":1246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179205074,"gmtCreate":1626528070398,"gmtModify":1703761476576,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Correction","listText":"Correction","text":"Correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179205074","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155071322,"gmtCreate":1625366223466,"gmtModify":1703740812156,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"In the clouds","listText":"In the clouds","text":"In the clouds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155071322","repostId":"2148803897","repostType":4,"isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155073307,"gmtCreate":1625366132410,"gmtModify":1703740811013,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155073307","repostId":"1153929434","repostType":2,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155047952,"gmtCreate":1625365923876,"gmtModify":1703740807574,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Be afraid","listText":"Be afraid","text":"Be afraid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155047952","repostId":"1171891885","repostType":4,"repost":{"id":"1171891885","kind":"news","pubTimestamp":1625276733,"share":"https://ttm.financial/m/news/1171891885?lang=en_US&edition=fundamental","pubTime":"2021-07-03 09:45","market":"us","language":"en","title":"5 wise money moves before the Fed starts raising interest rates again","url":"https://stock-news.laohu8.com/highlight/detail?id=1171891885","media":"MoneyWise","summary":"Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will","content":"<p>Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will keep its benchmark interest rate near zero for the time being, despite gains made by the U.S. economy in recent months.</p>\n<p>But rates won’t stay low forever. As the economy recovers from the worst of the COVID-19 pandemic, inflation is rising and more people are getting back to work. This has led the Fed to indicate a rate hike could come as soon as 2023 — moved up from its previous plan to wait until 2024.</p>\n<p>For consumers, that means now may be the time tosplurge on a fun purchaseor take out a loan for something they need.</p>\n<p>Here are five money moves you should make before rates rise.</p>\n<p><b>Refinance your home loan</b></p>\n<p>Mortgage rates fell to record-breaking lows during the pandemic, but they’re slowly creeping up as the economy continues to recover from COVID-19.</p>\n<p>While rates are currently at historically low levels, experts predict they will rise to 4% this year — which means now's the time to act if you’ve been mulling a refinance.</p>\n<p>An estimated 14.1 million Americans have the opportunity to refi andsave an average $287 a month, according to recent research from mortgage technology and data provider Black Knight.</p>\n<p>Alternatively, rising house prices offer homeowners an opportunity to leverage their home equity to fund home improvement projects, pay down debt or cover their children’s education funds.</p>\n<p><b>Consolidate your debt</b></p>\n<p>The pandemic made it difficult for Americans to travel, eat in restaurants or spend on retail purchases, and many used the money they didn't spend on those activities to increase their savings and pay down debt.</p>\n<p>The number of consumers who paid off their credit card balances in full every month reached an all-time high of 35.1% late last year, according to a report from the American Bankers Association.</p>\n<p>Still, many households are struggling to make ends meet. And, with unemployment benefits ending in many states across the country, those still out of work or living on reduced incomes may have had to give up their debt repayment plans to focus on immediate needs.</p>\n<p>If you’ve been relying on your credit cards to carry you through, the expensive interest is going to add up quickly.</p>\n<p>For those who can’t borrow from their home equity to pay off card balances, adebt consolidation loancould help you get rid of debt sooner and save you a ton on expensive interest.</p>\n<p><b>Work on your credit score</b></p>\n<p>While today's low rates make it easier to take out loans, you'll find it more expensive to borrow when rates do go up.</p>\n<p>Today, it's easy to take afree peek at your credit score. So now’s the time to work on improving that score to ensure you’ll continue to be able to borrow at the lowest-possible rates.</p>\n<p>Boosting your credit scorea few hundred pointswill make you a more attractive borrower to all types of lenders – from credit-card issuers to those offering mortgages.</p>\n<p><b>Refinance your student loans</b></p>\n<p>Federal student loan payments are paused until October but some prominent Democratic lawmakers, including Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer, are pushing the president to provide more relief for borrowers and forgive up to $50,000 per person.</p>\n<p>But those with debt from private student loans are still on the hook for their regular monthly minimum payments.</p>\n<p>If you're one of those borrowers, refinancing to a lower rate or shorter term could save you thousands in interest fees and shave years off your debt.</p>\n<p>According to online loan marketplace, Credible, refinancing could slash your interest rate by more than 2 full percentage points and add up to substantial interest savings over the life of the loan.</p>\n<p>To maximize your savings,compare loan offers from multiple lendersto lock in the lowest refinance rate possible.</p>\n<p><b>Ride the red-hot stock market</b></p>\n<p>Current low interest rates mean you won't earn much if you put money in a savings account. If you’ve got the appetite to take on a bit more risk, you could consider putting your money in investments.</p>\n<p>Even if you don’t have much to put aside, you can download a popular app that allows you toinvest with your “spare change”, and turn your pennies into a diversified portfolio.</p>\n<p>Or, if you’re still apprehensive about the stock market, you could look intoinvesting in farmland. This stable, profitable asset has been known to offer better returns than real estate and stocks, according to data from the investing platform FarmTogether.</p>","source":"lsy1621813427262","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>5 wise money moves before the Fed starts raising interest rates again</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\">\n5 wise money moves before the Fed starts raising interest rates again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-wise-money-moves-fed-160000889.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will keep its benchmark interest rate near zero for the time being, despite gains made by the U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-wise-money-moves-fed-160000889.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/5-wise-money-moves-fed-160000889.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171891885","content_text":"Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will keep its benchmark interest rate near zero for the time being, despite gains made by the U.S. economy in recent months.\nBut rates won’t stay low forever. As the economy recovers from the worst of the COVID-19 pandemic, inflation is rising and more people are getting back to work. This has led the Fed to indicate a rate hike could come as soon as 2023 — moved up from its previous plan to wait until 2024.\nFor consumers, that means now may be the time tosplurge on a fun purchaseor take out a loan for something they need.\nHere are five money moves you should make before rates rise.\nRefinance your home loan\nMortgage rates fell to record-breaking lows during the pandemic, but they’re slowly creeping up as the economy continues to recover from COVID-19.\nWhile rates are currently at historically low levels, experts predict they will rise to 4% this year — which means now's the time to act if you’ve been mulling a refinance.\nAn estimated 14.1 million Americans have the opportunity to refi andsave an average $287 a month, according to recent research from mortgage technology and data provider Black Knight.\nAlternatively, rising house prices offer homeowners an opportunity to leverage their home equity to fund home improvement projects, pay down debt or cover their children’s education funds.\nConsolidate your debt\nThe pandemic made it difficult for Americans to travel, eat in restaurants or spend on retail purchases, and many used the money they didn't spend on those activities to increase their savings and pay down debt.\nThe number of consumers who paid off their credit card balances in full every month reached an all-time high of 35.1% late last year, according to a report from the American Bankers Association.\nStill, many households are struggling to make ends meet. And, with unemployment benefits ending in many states across the country, those still out of work or living on reduced incomes may have had to give up their debt repayment plans to focus on immediate needs.\nIf you’ve been relying on your credit cards to carry you through, the expensive interest is going to add up quickly.\nFor those who can’t borrow from their home equity to pay off card balances, adebt consolidation loancould help you get rid of debt sooner and save you a ton on expensive interest.\nWork on your credit score\nWhile today's low rates make it easier to take out loans, you'll find it more expensive to borrow when rates do go up.\nToday, it's easy to take afree peek at your credit score. So now’s the time to work on improving that score to ensure you’ll continue to be able to borrow at the lowest-possible rates.\nBoosting your credit scorea few hundred pointswill make you a more attractive borrower to all types of lenders – from credit-card issuers to those offering mortgages.\nRefinance your student loans\nFederal student loan payments are paused until October but some prominent Democratic lawmakers, including Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer, are pushing the president to provide more relief for borrowers and forgive up to $50,000 per person.\nBut those with debt from private student loans are still on the hook for their regular monthly minimum payments.\nIf you're one of those borrowers, refinancing to a lower rate or shorter term could save you thousands in interest fees and shave years off your debt.\nAccording to online loan marketplace, Credible, refinancing could slash your interest rate by more than 2 full percentage points and add up to substantial interest savings over the life of the loan.\nTo maximize your savings,compare loan offers from multiple lendersto lock in the lowest refinance rate possible.\nRide the red-hot stock market\nCurrent low interest rates mean you won't earn much if you put money in a savings account. If you’ve got the appetite to take on a bit more risk, you could consider putting your money in investments.\nEven if you don’t have much to put aside, you can download a popular app that allows you toinvest with your “spare change”, and turn your pennies into a diversified portfolio.\nOr, if you’re still apprehensive about the stock market, you could look intoinvesting in farmland. This stable, profitable asset has been known to offer better returns than real estate and stocks, according to data from the investing platform FarmTogether.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":940,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155044938,"gmtCreate":1625365849124,"gmtModify":1703740806105,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580093539764194","authorIdStr":"3580093539764194"},"themes":[],"htmlText":"Wait","listText":"Wait","text":"Wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155044938","repostId":"1140994998","repostType":4,"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":179205074,"gmtCreate":1626528070398,"gmtModify":1703761476576,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Correction","listText":"Correction","text":"Correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179205074","repostId":"1198202103","repostType":4,"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835069349,"gmtCreate":1629681254981,"gmtModify":1676530095174,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Yeah. Continuity.","listText":"Yeah. Continuity.","text":"Yeah. Continuity.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/835069349","repostId":"2161741461","repostType":4,"isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179481136,"gmtCreate":1626571454525,"gmtModify":1703761804029,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Contents contents contents","listText":"Contents contents contents","text":"Contents contents contents","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179481136","repostId":"2152897876","repostType":4,"isVote":1,"tweetType":1,"viewCount":1246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837999476,"gmtCreate":1629851149095,"gmtModify":1676530149924,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"More years.","listText":"More years.","text":"More years.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837999476","repostId":"1167446644","repostType":4,"isVote":1,"tweetType":1,"viewCount":3393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837900732,"gmtCreate":1629850683526,"gmtModify":1676530149584,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Wow.","listText":"Wow.","text":"Wow.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837900732","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629836173,"share":"https://ttm.financial/m/news/2162087564?lang=en_US&edition=fundamental","pubTime":"2021-08-25 04:16","market":"us","language":"en","title":"Wall St extends rally, pushing S&P 500 to 50th all-time high close this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2162087564","media":"Reuters","summary":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesda","content":"<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St extends rally, pushing S&P 500 to 50th all-time high close this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St extends rally, pushing S&P 500 to 50th all-time high close this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-25 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","SDS":"两倍做空标普500 ETF-ProShares","SH":"做空标普500-Proshares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF-ProShares",".DJI":"道琼斯","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","OEX":"标普100","OEF":"标普100指数ETF-iShares",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162087564","content_text":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.\nAll three major U.S. stock indexes advanced higher, with the S&P 500 and the Nasdaq closing at all-time closing highs.\nThe session marked the S&P 500's 50th record high close so far this year.\nTech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps outperformed the broader market.\n\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"\nThe Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.\nTravel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.\n\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"\nRecent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.\nFed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.\nThe event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.\n\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.\nThe Dow Jones Industrial Average rose 30.55 points, or 0.09%, to 35,366.26, the S&P 500 gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite added 77.15 points, or 0.52%, to 15,019.80.\nEnergy was the top gainer among the 11 major sectors in the S&P 500, boosted by the continued rally in crude prices.\nBest Buy Co Inc jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.\nU.S.-listed shares of China-based e-commerce platform Pinduoduo Inc surged 22.2% after reporting its first ever quarterly profit.\nJD.com gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.\nOther shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF jumping 8.0%.\nCybersecurity firm Palo Alto Networks Inc advanced18.6% as brokerages raised their price targets following its full-year forecast beat.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.\nThe S&P 500 posted 28 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.\nVolume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SDS":0.9,".IXIC":0.9,".SPX":0.9,"SSO":0.9,"SH":0.9,".DJI":0.9,"ESmain":0.9,"IVV":0.9,"SPXU":0.9,"SPY":0.9,"UPRO":0.9,"OEX":0.9,"OEF":0.9}},"isVote":1,"tweetType":1,"viewCount":2456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155042293,"gmtCreate":1625365768212,"gmtModify":1703740803645,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Stay safe","listText":"Stay safe","text":"Stay safe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155042293","repostId":"1188153141","repostType":4,"repost":{"id":"1188153141","kind":"news","pubTimestamp":1625276221,"share":"https://ttm.financial/m/news/1188153141?lang=en_US&edition=fundamental","pubTime":"2021-07-03 09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash — here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.</p>\n<p>Here’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.</p>\n<p>“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.</p>\n<p>What's more, she feels it’s just been too long since the last crash to stay this high much longer.</p>\n<p>“This reminds me of 2000 all over again,” Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that we’re about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.</p>\n<p>“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”</p>\n<p>“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash — here's what you should do</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuze Orman worries about a market crash — here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.\nHere’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.\n“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.\nWhat's more, she feels it’s just been too long since the last crash to stay this high much longer.\n“This reminds me of 2000 all over again,” Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that we’re about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.\n“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.\n“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\n“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”\n“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811661652,"gmtCreate":1630317645976,"gmtModify":1676530266903,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Wrong bet.","listText":"Wrong bet.","text":"Wrong bet.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811661652","repostId":"1179773136","repostType":4,"repost":{"id":"1179773136","kind":"news","pubTimestamp":1630315802,"share":"https://ttm.financial/m/news/1179773136?lang=en_US&edition=fundamental","pubTime":"2021-08-30 17:30","market":"us","language":"en","title":"China regulator probes Ping An Insurance's property investments","url":"https://stock-news.laohu8.com/highlight/detail?id=1179773136","media":"Reuters","summary":"SHANGHAI, Aug 30 (Reuters) - China’s banking and insurance sector regulator is probing Ping An Insur","content":"<p>SHANGHAI, Aug 30 (Reuters) - China’s banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd’s investments in the property market, two people with knowledge of the matter said, after the firm took a big profit hit from a soured bet.</p>\n<p>The China Banking and Insurance Regulatory Commission (CBIRC) has also ordered the insurer to stop selling alternative investment products, which are typically tied to the property market, said the people, who declined to be identified as the information is not public.</p>\n<p>Ping An in a statement said its real estate exposure was significantly lower than the regulatory cap. It did not respond to queries on the regulatory probe. The CBIRC did not respond to a request for comment.</p>\n<p>The regulatory move comes after Ping An, the country's biggest insurer by assets, in February disclosed&nbsp;here&nbsp;a 54 billion yuan ($8.4 billion) exposure to the indebted China Fortune Land Development Co Ltd.</p>\n<p>Ping An made adjustments to its earnings figures including booking impairment provisions&nbsp;hereof 35.9 billion yuan for investments related to China Fortune in the first half of 2021, which contributed to a 15.5% fall in its net profit in the January to June period.</p>\n<p>China Fortune, a developer of industrial parks and urban real estate, said it had overdue debt and interest worth 69.2 billion yuan as of June-end, and that default and liquidity stress could impact its operations and financing.</p>\n<p>The regulatory probe into Ping An’s property portfolio also comes against the backdrop of Beijing sharpening its scrutiny of the country’s red-hot real estate market by tackling unbridled borrowing that has fuelled concern about financial risk.</p>\n<p>The government has been working to curb unregulated credit flows into the property market. And as new rules choke off shadow lending to developers, the squeeze is increasing the risk of default for some of the country’s biggest property players.</p>\n<p>The insurance regulator’s investigation into Ping An, the only insurer designated as systemically important, aims to uncover and contain risk connected to its property investment portfolio, said the people.</p>\n<p>The insurer’s total real estate-related exposure is 185.5 billion yuan, weighing roughly equally on equities, debt and investment properties and accounting for around 4.8% to 4.9% of its 3.8 trillion yuan total investment portfolio, according to a Citi research note.</p>\n<p>PROPERTY EXPOSURE</p>\n<p>The regulator’s latest on-site probe into Shenzhen-based Ping An, whose shares are down more than 40% this year, started this month, said one of the people, adding the CBIRC has been requesting documents since earlier this year.</p>\n<p>Also, the CBIRC in February ordered the insurer to halt the sale of so-called alternative investment products, leaving dozens in a team set up for the purpose without work, they said.</p>\n<p>Ping An’s other property investments include 14.1% of the shares in China Jinmao Holdings Group Ltd, 8% of Country Garden Holdings Co Ltd and 6.54% of CIFI Holdings (Group) Co Ltd, showed Refinitiv data based on company filings.</p>\n<p>China’s insurers have been busy unwinding or cutting their exposure to developers this year, said two people who work at mid-sized insurance firms.</p>\n<p>“All I’ve been doing is travelling to meet our different developer clients this year in different parts to China to tell them we can’t finance them anymore,” said one person who works at one of China’s top 10 insurance firms.</p>\n<p>“We’re cutting our exposure as part of our internal strategy,” the person said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China regulator probes Ping An Insurance's property investments</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina regulator probes Ping An Insurance's property investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/china-regulation-ping-an-of-china/exclusive-china-regulator-probes-ping-an-insurances-property-investments-sources-idUSL4N2PX22W><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI, Aug 30 (Reuters) - China’s banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd’s investments in the property market, two people with knowledge of the ...</p>\n\n<a href=\"https://www.reuters.com/article/china-regulation-ping-an-of-china/exclusive-china-regulator-probes-ping-an-insurances-property-investments-sources-idUSL4N2PX22W\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"601318":"中国平安","02318":"中国平安","PNGAY":"中国平安ADR"},"source_url":"https://www.reuters.com/article/china-regulation-ping-an-of-china/exclusive-china-regulator-probes-ping-an-insurances-property-investments-sources-idUSL4N2PX22W","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179773136","content_text":"SHANGHAI, Aug 30 (Reuters) - China’s banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd’s investments in the property market, two people with knowledge of the matter said, after the firm took a big profit hit from a soured bet.\nThe China Banking and Insurance Regulatory Commission (CBIRC) has also ordered the insurer to stop selling alternative investment products, which are typically tied to the property market, said the people, who declined to be identified as the information is not public.\nPing An in a statement said its real estate exposure was significantly lower than the regulatory cap. It did not respond to queries on the regulatory probe. The CBIRC did not respond to a request for comment.\nThe regulatory move comes after Ping An, the country's biggest insurer by assets, in February disclosed here a 54 billion yuan ($8.4 billion) exposure to the indebted China Fortune Land Development Co Ltd.\nPing An made adjustments to its earnings figures including booking impairment provisions hereof 35.9 billion yuan for investments related to China Fortune in the first half of 2021, which contributed to a 15.5% fall in its net profit in the January to June period.\nChina Fortune, a developer of industrial parks and urban real estate, said it had overdue debt and interest worth 69.2 billion yuan as of June-end, and that default and liquidity stress could impact its operations and financing.\nThe regulatory probe into Ping An’s property portfolio also comes against the backdrop of Beijing sharpening its scrutiny of the country’s red-hot real estate market by tackling unbridled borrowing that has fuelled concern about financial risk.\nThe government has been working to curb unregulated credit flows into the property market. And as new rules choke off shadow lending to developers, the squeeze is increasing the risk of default for some of the country’s biggest property players.\nThe insurance regulator’s investigation into Ping An, the only insurer designated as systemically important, aims to uncover and contain risk connected to its property investment portfolio, said the people.\nThe insurer’s total real estate-related exposure is 185.5 billion yuan, weighing roughly equally on equities, debt and investment properties and accounting for around 4.8% to 4.9% of its 3.8 trillion yuan total investment portfolio, according to a Citi research note.\nPROPERTY EXPOSURE\nThe regulator’s latest on-site probe into Shenzhen-based Ping An, whose shares are down more than 40% this year, started this month, said one of the people, adding the CBIRC has been requesting documents since earlier this year.\nAlso, the CBIRC in February ordered the insurer to halt the sale of so-called alternative investment products, leaving dozens in a team set up for the purpose without work, they said.\nPing An’s other property investments include 14.1% of the shares in China Jinmao Holdings Group Ltd, 8% of Country Garden Holdings Co Ltd and 6.54% of CIFI Holdings (Group) Co Ltd, showed Refinitiv data based on company filings.\nChina’s insurers have been busy unwinding or cutting their exposure to developers this year, said two people who work at mid-sized insurance firms.\n“All I’ve been doing is travelling to meet our different developer clients this year in different parts to China to tell them we can’t finance them anymore,” said one person who works at one of China’s top 10 insurance firms.\n“We’re cutting our exposure as part of our internal strategy,” the person said.","news_type":1,"symbols_score_info":{"601318":0.9,"02318":0.9,"PNGAY":0.9}},"isVote":1,"tweetType":1,"viewCount":2360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837901632,"gmtCreate":1629850824926,"gmtModify":1676530149646,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Finally. Afghan for afghans.","listText":"Finally. Afghan for afghans.","text":"Finally. Afghan for afghans.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837901632","repostId":"2162080258","repostType":4,"isVote":1,"tweetType":1,"viewCount":3045,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155071322,"gmtCreate":1625366223466,"gmtModify":1703740812156,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"In the clouds","listText":"In the clouds","text":"In the clouds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155071322","repostId":"2148803897","repostType":4,"isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155044938,"gmtCreate":1625365849124,"gmtModify":1703740806105,"author":{"id":"3580093539764194","authorId":"3580093539764194","name":"CLT224","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580093539764194","idStr":"3580093539764194"},"themes":[],"htmlText":"Wait","listText":"Wait","text":"Wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155044938","repostId":"1140994998","repostType":4,"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}