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2021-08-27

$AMC Entertainment(AMC)$time to sell soon

2021-08-25

Based

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

2021-08-26

$AMC Entertainment(AMC)$my pp hardddd

2021-08-10

Lube up boys

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2021-08-25

Semicon industry looking good

U.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -sources

2021-08-18

Buying the dip

SoFi Technologies: Why Now Is The Time To Buy

2021-08-26

Dolla dolla

The 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why

2021-08-18

Gotta be prepared

6 Positive Market Months In A Row... What Happens Next?

2021-07-27

Bad news

HK-listed Tencent sinks to 13-month low; Nomura trims TP

2021-08-27

Lmao usa

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2021-08-10

Let's gooooooo amc

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2021-08-26

Likelike

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2021-07-29

Like4like

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2021-07-27

Unfortunate

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2021-08-27

Hmmmm

2021-08-25

Might be time to buy?

Hong Kong-listed JD Health jumps to two weeks high after strong results

2021-08-25

Good news!

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

2021-07-29

Let's goooooo

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2021-08-26

Looking good

2021-08-25

$AMC Entertainment(AMC)$to the mo0o0o0o0on

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balls can defy the odds of September&nbsp;","listText":"My balls can defy the odds of September&nbsp;","text":"My balls can defy the odds of September","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817614285","repostId":"1136345203","repostType":4,"repost":{"id":"1136345203","kind":"news","pubTimestamp":1630932942,"share":"https://ttm.financial/m/news/1136345203?lang=en_US&edition=fundamental","pubTime":"2021-09-06 20:55","market":"us","language":"en","title":"Can The Bulls Defy The Odds Of September Weakness?","url":"https://stock-news.laohu8.com/highlight/detail?id=1136345203","media":"zerohedge","summary":"While we had previously discussed that August tends to be one of the weaker months of the year, the ","content":"<p>While we had previously discussed that August tends to be one of the weaker months of the year, the bulls defined that weakness posting an almost 3% gain. However, as discussed in our&nbsp;<i><b>Daily Market Commentary</b></i>&nbsp;on Wednesday:</p>\n<blockquote>\n <i>“August seasonality was a bust with the market advancing 2.6%. Will September seasonality prove to be more accurate?”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c476595aaa36e3658acd7c6b2458a4f3\" tg-width=\"533\" tg-height=\"371\" width=\"100%\" height=\"auto\"></p>\n<p>For now, the bullish bias remains strong as a barrage of weaker than expected economic data from GDP to manufacturing and employment give hope the Fed may forestall their&nbsp;<i>“tapering”</i>&nbsp;plans. But, as we will discuss in a moment, we think the bulls may be correct for a different reason.</p>\n<p>However, in the meantime, the&nbsp;<i>“stairstep”</i>&nbsp;advance continues with fundamentally weak companies making substantial gains as speculation displaces investment in the market.&nbsp;<b>Thus, while prices remain elevated, money flows weaken, suggesting the next downturn is roughly one to two weeks away.</b>So far, those corrections remain limited to the 50-dma, which is approximately 3% lower than Friday’s close, but a 10% correction to the 200-dma remains a possibility.</p>\n<p><img src=\"https://static.tigerbbs.com/3d1ab015b2782edccd8f71c842786623\" tg-width=\"900\" tg-height=\"534\" width=\"100%\" height=\"auto\">While there seems to be little concern relative to the market’s advance over the last year, maybe that should be the concern given the sharpness of that advance. I will discuss the history of “market melt-ups” and their eventual outcomes in an upcoming article. However, what is essential to notice is the corresponding ramp in valuations as earnings fail<i>t</i>o keep up with bullish expectations.</p>\n<p><img src=\"https://static.tigerbbs.com/32446c1ed4942c292051ab6f2646826f\" tg-width=\"836\" tg-height=\"460\" width=\"100%\" height=\"auto\"><b>Significantly, investors never realize they are in a&nbsp;</b><b><i>“melt-up”</i></b><b>&nbsp;until after it is over.</b></p>\n<p><u><b>Breadth Remains Weak As Market Advances</b></u></p>\n<p>At the moment, the bullish trend continues, and we must respect that trend for now. However, there are clear signs the advance is beginning to narrow markedly, which has historically served as a warning to investors.</p>\n<blockquote>\n <i>”&nbsp;As shown in the chart below, although the S&amp;P 500 traded at an all-time high as recently as last week, the cumulative advance/decline (A/D) line for the broader NYSE universe peaked on June 11 this year. The divergence between the two looks similar to early-September last year—the point at which it was mostly the “big 5” stocks within the S&amp;P 500 (the “generals”) that had powered the S&amp;P 500 to its September 2, 2020 high.” – Charles Schwab</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/3bec2406de602b799eed4c8cda45840c\" tg-width=\"713\" tg-height=\"280\" width=\"100%\" height=\"auto\"><i>“The percentage of S&amp;P 500 stocks trading above their 50-day moving averages peaked in April, troughed in June, improved until recently, but has come under pressure again. The same can’t be said for the NASDAQ and Russell 2000, which both peaked in early February, since which time they’ve generally been descending.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/80c475204276754086f148219d6f0947\" tg-width=\"688\" tg-height=\"284\" width=\"100%\" height=\"auto\"><i>“Relative to their 200-day moving averages (DMA), all three indexes have been generally trending lower since April, as shown in the second chart below.” – Charles Schwab</i></p>\n<p><img src=\"https://static.tigerbbs.com/e880f82c99840963c1b4fb2f95b915ec\" tg-width=\"713\" tg-height=\"299\" width=\"100%\" height=\"auto\">Of course, as we repeat each week, while we are pointing out the warning signs, such does not mean selling everything and going to cash. However, it does serve as a visible warning to adjust your risk exposures accordingly and prepare for a potentially bumpy ride.</p>\n<blockquote>\n <i>“Just because you put on a seatbelt when the plane is landing, doesn’t mean you are going to crash. But is a logic precaution just in case.”</i>\n</blockquote>\n<p><b>Can The Fed Really Taper?</b></p>\n<p>We have noted the rising number of Fed speakers discussing the need to begin&nbsp;<i>“tapering”</i>&nbsp;the Fed’s balance sheet purchases in recent weeks. With employment returning well into what is historically considered “full employment,” surge in job openings, and rising inflation, the need to taper is evident. As noted&nbsp;<b><i>in our daily market commentary:</i></b></p>\n<blockquote>\n <i>“PCE, met expectations rising 0.4% in July. The level was 0.1% below the June reading.&nbsp;</i>\n <i><b>The year-over-year rate is 4.2%, which is more than double the Fed’s 2% inflation target.</b></i>\n <i>&nbsp;Importantly&nbsp;</i>\n <i><b>it suggests the Fed should be moving to tighten monetary policy.</b></i>\n <i>However, the trimmed-mean PCE was inline at 2% giving the Fed some&nbsp;“wiggle-room”&nbsp;for now, but likely not for long.</i>“\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/f8bb27150d54a104d64668f5f4306208\" tg-width=\"829\" tg-height=\"514\" width=\"100%\" height=\"auto\">While the Fed may have some wiggle room short-term, the trimmed-mean PCE will catch up with PCE over the next month.</p>\n<p>The point is that the Fed is now getting pushed into needing to tighten monetary policy to quell inflationary pressures. However, a rising risk suggests they may be&nbsp;<i>“trapped</i>” in continuing their bond purchases and risking both an inflationary surge and creating market instability.</p>\n<p>That risk is the&nbsp;<i>“deficit.”</i></p>\n<p><b>Who Is Going To Fund The Deficit</b></p>\n<p>As discussed recently, the current mandatory spending of the Government consumes more than 100% of existing tax revenues. Therefore, all discretionary spending plus additional programs such as&nbsp;<i>“infrastructure”</i>&nbsp;and&nbsp;<i>“human infrastructure”</i>comes from debt issuance.</p>\n<p><img src=\"https://static.tigerbbs.com/5f74a7c9f8392d4c3c6d366934b42511\" tg-width=\"768\" tg-height=\"688\" width=\"100%\" height=\"auto\">As shown, the 2021 budget will push the current deficit towards $4-Trillion requiring the Federal Reserve to monetize at least<b><i>&nbsp;$1 Trillion of that issuance per our previous analysis.</i></b></p>\n<blockquote>\n <i>The scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn’t have the money, lots of it went on the government’s credit card. The deficit and debt skyrocketed. But this is only the beginning.&nbsp;</i>\n <i><b>The Biden administration recently proposed a $6 trillion budget for fiscal 2022, two-thirds of which would be borrowed.” –</b></i>\n <i>Reason</i>\n</blockquote>\n<blockquote>\n <i>The CBO&nbsp;(Congressional Budget Office) recently&nbsp;produced its long-term debt projection through 2050, ensuring poor economic returns.&nbsp;I reconstructed a chart from&nbsp;Deutsche Bank&nbsp;showing the US Federal Debt and Federal Reserve balance sheet. The chart uses the CBO projections through 2050.</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/771627893f89b51b37543e28698ed961\" tg-width=\"990\" tg-height=\"637\" width=\"100%\" height=\"auto\"><b>The federal debt load will climb from $28 trillion to roughly $140 trillion at the current growth rate by 2050.</b></p>\n<p>The problem, of course, is that the Fed must continue monetizing 30% of debt issuance to keep interest rates from surging and wrecking the economy.</p>\n<p>Let than sink in for a minute.</p>\n<p>If that is indeed the case, the Fed will not be able to&nbsp;<i>“taper”</i>&nbsp;their balance sheet purchases unless they are willing to risk a surge in interest rates, a collapse in economic growth, and a deflationary spiral.</p>\n<p>As Expected Q3-<b>GDP Gets Slashed</b></p>\n<p>Since the beginning of this year, we have penned several articles stating that economic growth would ultimately disappoint when fueled by an artificial stimulus. Specifically, we noted that&nbsp;<i>“bonds were sending an economic warning.”</i>&nbsp;To wit:</p>\n<blockquote>\n <i>“</i>\n <i><b>As shown, the correlation between rates and the economic composite suggests that current expectations of sustained economic expansion and rising inflation are overly optimistic.</b></i>\n <i>&nbsp;At current rates, economic growth will likely very quickly rturn to sub-2% growth by 2022.”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/90ec177d9bfda4dab5c1a89f29d93556\" tg-width=\"853\" tg-height=\"549\" width=\"100%\" height=\"auto\">The&nbsp;<i><b>disappointment of economic growth</b></i>&nbsp;is also a function of the surging debt and deficit levels, which, as noted above, will have to be entirely funded by the Federal Reserve.</p>\n<p>On Thursday, both the Atlanta Fed and Morgan Stanley slashed their estimates for Q3 growth as economic data continues to disappoint.</p>\n<blockquote>\n <i>“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is&nbsp;</i>\n <i><b>3.7</b></i>\n <i>&nbsp;</i>\n <i><b>percent</b></i>\n <i>on September 2,&nbsp;</i>\n <i><b>down from 5.3 percent on September 1</b></i>\n <i>.” – Atlanta Fed</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c4c362937b721d02c854d792606d0166\" tg-width=\"670\" tg-height=\"366\" width=\"100%\" height=\"auto\">Notably, there were significant downward revisions to consumption and investment, declining from 2.6% and 23.4% to 1.9% and 19.3%, respectively. However, as we noted previously, such is not surprising as “stimulus” leaves the system, and the economic drivers return to normalcy.</p>\n<p><b>Morgan and Goldman As Well</b></p>\n<p>As stated, Morgan Stanely also slashed their estimates:</p>\n<blockquote>\n <i>“</i>\n <i><b>We are revising down 3Q GDP tracking to 2.9% from 6.5%, previously</b></i>\n <i>. Our forecast for 4Q GDP remains at 6.7%. The revision to 3Q implies full year 4Q/4Q GDP at 5.6% (5.7%Y) this year – 1.4pp lower than the Fed’s forecast of 7.0% in its June Summary of Economic Projections (SEP), and 0.7pp below Bloomberg consensus of economists at 6.3%.</i>\n</blockquote>\n<blockquote>\n <i><b>An examination of the data reveals that the slowdown is not broad-based and primarily reflects payback from stimulus spending as well as continued supply chain bottlenecks.</b></i>\n <i>&nbsp;The swing factor is largest in spending on big-ticket durable goods that benefited most from stimulus checks and are affected most by lack of inventory and price increases due to supply shortages, for example motor vehicles.”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/75e5c5eb2840814e2972c92ab0ef9bf3\" tg-width=\"826\" tg-height=\"487\" width=\"100%\" height=\"auto\">As we discussed previously, these two downgrades were playing catchup to our previous analysis and Goldman’s downgrade two weeks ago. To wit:</p>\n<blockquote>\n <i><b>“We have lowered our Q3 GDP forecast to +5.5%, reflecting hits to both consumer spending and production.</b></i>\n <i>Spending on dining, travel, and some other services is likely to decline in August, though we expect the drop to be modest and brief. Production is still suffering from supply chain disruptions, especially in the auto industry, and this is likely to mean less inventory rebuild in Q3.”</i>&nbsp;–\n <i>&nbsp;Goldman Sachs</i>\n</blockquote>\n<p>Investors should not overlook the importance of these downgrades.</p>\n<p><b>Earnings Estimates At Risk</b></p>\n<p>In our post on<i><b>“Peak Economic And Earnings Growth,</b></i>” we stated that corporate earnings and profits ultimately get derived from economic activity&nbsp;(personal consumption and business investment). Therefore, it is unlikely the currently lofty expectations will get met.</p>\n<p>The problem for investors currently is that analysts’ assumptions are always high, and markets are trading at more extreme valuations, which leaves little room for disappointment. For example, using analyst’s price target assumptions of 4700 for 2020 and current earnings expectations, the S&amp;P is trading 2.6x earnings growth.</p>\n<p><img src=\"https://static.tigerbbs.com/c3e58e6641c42d1879c094ce45b2f337\" tg-width=\"896\" tg-height=\"647\" width=\"100%\" height=\"auto\">Such puts the current P/E at 25.6x earnings in 2020, which is still expensive by historical measures.</p>\n<p><img src=\"https://static.tigerbbs.com/d4abafc44c03ff687ce87c361a1f1357\" tg-width=\"886\" tg-height=\"637\" width=\"100%\" height=\"auto\">That also puts the S&amp;P 500 grossly above its linear trend line as earnings growth begins to revert.</p>\n<p><img src=\"https://static.tigerbbs.com/ec0a0666e57f65c24037d219876028e2\" tg-width=\"988\" tg-height=\"534\" width=\"100%\" height=\"auto\">Through the end of this year, companies will guide down earnings estimates for a variety of reasons:</p>\n<ul>\n <li><p><i>Economic growth won’t be as robust as anticipated.</i></p></li>\n <li><p><i>Potentially higher corporate tax rates could reduce earnings.</i></p></li>\n <li><p><i>The increased input costs due to the stimulus can’t get passed on to consumers.</i></p></li>\n <li><p><i>Higher interest rates increasing borrowing costs which impact earnings.</i></p></li>\n <li><p><i>A weaker consumer than currently expected due to reduced employment and weaker wages.</i></p></li>\n <li><p><i>Global demand weakens due to a stronger dollar impacting exports.</i></p></li>\n</ul>\n<p><b>Such will leave investors once again</b><b><i>&nbsp;“overpaying”</i></b><b>&nbsp;for earnings growth that fails to materialize.</b></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nCan The Bulls Defy The Odds Of September Weakness?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 20:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/can-bulls-defy-odds-september-weakness><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While we had previously discussed that August tends to be one of the weaker months of the year, the bulls defined that weakness posting an almost 3% gain. However, as discussed in our Daily Market ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/can-bulls-defy-odds-september-weakness\">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://www.zerohedge.com/markets/can-bulls-defy-odds-september-weakness","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136345203","content_text":"While we had previously discussed that August tends to be one of the weaker months of the year, the bulls defined that weakness posting an almost 3% gain. However, as discussed in our Daily Market Commentary on Wednesday:\n\n“August seasonality was a bust with the market advancing 2.6%. Will September seasonality prove to be more accurate?”\n\n\nFor now, the bullish bias remains strong as a barrage of weaker than expected economic data from GDP to manufacturing and employment give hope the Fed may forestall their “tapering” plans. But, as we will discuss in a moment, we think the bulls may be correct for a different reason.\nHowever, in the meantime, the “stairstep” advance continues with fundamentally weak companies making substantial gains as speculation displaces investment in the market. Thus, while prices remain elevated, money flows weaken, suggesting the next downturn is roughly one to two weeks away.So far, those corrections remain limited to the 50-dma, which is approximately 3% lower than Friday’s close, but a 10% correction to the 200-dma remains a possibility.\nWhile there seems to be little concern relative to the market’s advance over the last year, maybe that should be the concern given the sharpness of that advance. I will discuss the history of “market melt-ups” and their eventual outcomes in an upcoming article. However, what is essential to notice is the corresponding ramp in valuations as earnings failto keep up with bullish expectations.\nSignificantly, investors never realize they are in a “melt-up” until after it is over.\nBreadth Remains Weak As Market Advances\nAt the moment, the bullish trend continues, and we must respect that trend for now. However, there are clear signs the advance is beginning to narrow markedly, which has historically served as a warning to investors.\n\n” As shown in the chart below, although the S&P 500 traded at an all-time high as recently as last week, the cumulative advance/decline (A/D) line for the broader NYSE universe peaked on June 11 this year. The divergence between the two looks similar to early-September last year—the point at which it was mostly the “big 5” stocks within the S&P 500 (the “generals”) that had powered the S&P 500 to its September 2, 2020 high.” – Charles Schwab\n\n“The percentage of S&P 500 stocks trading above their 50-day moving averages peaked in April, troughed in June, improved until recently, but has come under pressure again. The same can’t be said for the NASDAQ and Russell 2000, which both peaked in early February, since which time they’ve generally been descending.”\n“Relative to their 200-day moving averages (DMA), all three indexes have been generally trending lower since April, as shown in the second chart below.” – Charles Schwab\nOf course, as we repeat each week, while we are pointing out the warning signs, such does not mean selling everything and going to cash. However, it does serve as a visible warning to adjust your risk exposures accordingly and prepare for a potentially bumpy ride.\n\n“Just because you put on a seatbelt when the plane is landing, doesn’t mean you are going to crash. But is a logic precaution just in case.”\n\nCan The Fed Really Taper?\nWe have noted the rising number of Fed speakers discussing the need to begin “tapering” the Fed’s balance sheet purchases in recent weeks. With employment returning well into what is historically considered “full employment,” surge in job openings, and rising inflation, the need to taper is evident. As noted in our daily market commentary:\n\n“PCE, met expectations rising 0.4% in July. The level was 0.1% below the June reading. \nThe year-over-year rate is 4.2%, which is more than double the Fed’s 2% inflation target.\n Importantly \nit suggests the Fed should be moving to tighten monetary policy.\nHowever, the trimmed-mean PCE was inline at 2% giving the Fed some “wiggle-room” for now, but likely not for long.“\n\nWhile the Fed may have some wiggle room short-term, the trimmed-mean PCE will catch up with PCE over the next month.\nThe point is that the Fed is now getting pushed into needing to tighten monetary policy to quell inflationary pressures. However, a rising risk suggests they may be “trapped” in continuing their bond purchases and risking both an inflationary surge and creating market instability.\nThat risk is the “deficit.”\nWho Is Going To Fund The Deficit\nAs discussed recently, the current mandatory spending of the Government consumes more than 100% of existing tax revenues. Therefore, all discretionary spending plus additional programs such as “infrastructure” and “human infrastructure”comes from debt issuance.\nAs shown, the 2021 budget will push the current deficit towards $4-Trillion requiring the Federal Reserve to monetize at least $1 Trillion of that issuance per our previous analysis.\n\nThe scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn’t have the money, lots of it went on the government’s credit card. The deficit and debt skyrocketed. But this is only the beginning. \nThe Biden administration recently proposed a $6 trillion budget for fiscal 2022, two-thirds of which would be borrowed.” –\nReason\n\n\nThe CBO (Congressional Budget Office) recently produced its long-term debt projection through 2050, ensuring poor economic returns. I reconstructed a chart from Deutsche Bank showing the US Federal Debt and Federal Reserve balance sheet. The chart uses the CBO projections through 2050.\n\nThe federal debt load will climb from $28 trillion to roughly $140 trillion at the current growth rate by 2050.\nThe problem, of course, is that the Fed must continue monetizing 30% of debt issuance to keep interest rates from surging and wrecking the economy.\nLet than sink in for a minute.\nIf that is indeed the case, the Fed will not be able to “taper” their balance sheet purchases unless they are willing to risk a surge in interest rates, a collapse in economic growth, and a deflationary spiral.\nAs Expected Q3-GDP Gets Slashed\nSince the beginning of this year, we have penned several articles stating that economic growth would ultimately disappoint when fueled by an artificial stimulus. Specifically, we noted that “bonds were sending an economic warning.” To wit:\n\n“\nAs shown, the correlation between rates and the economic composite suggests that current expectations of sustained economic expansion and rising inflation are overly optimistic.\n At current rates, economic growth will likely very quickly rturn to sub-2% growth by 2022.”\n\nThe disappointment of economic growth is also a function of the surging debt and deficit levels, which, as noted above, will have to be entirely funded by the Federal Reserve.\nOn Thursday, both the Atlanta Fed and Morgan Stanley slashed their estimates for Q3 growth as economic data continues to disappoint.\n\n“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is \n3.7\n \npercent\non September 2, \ndown from 5.3 percent on September 1\n.” – Atlanta Fed\n\nNotably, there were significant downward revisions to consumption and investment, declining from 2.6% and 23.4% to 1.9% and 19.3%, respectively. However, as we noted previously, such is not surprising as “stimulus” leaves the system, and the economic drivers return to normalcy.\nMorgan and Goldman As Well\nAs stated, Morgan Stanely also slashed their estimates:\n\n“\nWe are revising down 3Q GDP tracking to 2.9% from 6.5%, previously\n. Our forecast for 4Q GDP remains at 6.7%. The revision to 3Q implies full year 4Q/4Q GDP at 5.6% (5.7%Y) this year – 1.4pp lower than the Fed’s forecast of 7.0% in its June Summary of Economic Projections (SEP), and 0.7pp below Bloomberg consensus of economists at 6.3%.\n\n\nAn examination of the data reveals that the slowdown is not broad-based and primarily reflects payback from stimulus spending as well as continued supply chain bottlenecks.\n The swing factor is largest in spending on big-ticket durable goods that benefited most from stimulus checks and are affected most by lack of inventory and price increases due to supply shortages, for example motor vehicles.”\n\nAs we discussed previously, these two downgrades were playing catchup to our previous analysis and Goldman’s downgrade two weeks ago. To wit:\n\n“We have lowered our Q3 GDP forecast to +5.5%, reflecting hits to both consumer spending and production.\nSpending on dining, travel, and some other services is likely to decline in August, though we expect the drop to be modest and brief. Production is still suffering from supply chain disruptions, especially in the auto industry, and this is likely to mean less inventory rebuild in Q3.” –\n  Goldman Sachs\n\nInvestors should not overlook the importance of these downgrades.\nEarnings Estimates At Risk\nIn our post on“Peak Economic And Earnings Growth,” we stated that corporate earnings and profits ultimately get derived from economic activity (personal consumption and business investment). Therefore, it is unlikely the currently lofty expectations will get met.\nThe problem for investors currently is that analysts’ assumptions are always high, and markets are trading at more extreme valuations, which leaves little room for disappointment. For example, using analyst’s price target assumptions of 4700 for 2020 and current earnings expectations, the S&P is trading 2.6x earnings growth.\nSuch puts the current P/E at 25.6x earnings in 2020, which is still expensive by historical measures.\nThat also puts the S&P 500 grossly above its linear trend line as earnings growth begins to revert.\nThrough the end of this year, companies will guide down earnings estimates for a variety of reasons:\n\nEconomic growth won’t be as robust as anticipated.\nPotentially higher corporate tax rates could reduce earnings.\nThe increased input costs due to the stimulus can’t get passed on to consumers.\nHigher interest rates increasing borrowing costs which impact earnings.\nA weaker consumer than currently expected due to reduced employment and weaker wages.\nGlobal demand weakens due to a stronger dollar impacting exports.\n\nSuch will leave investors once again “overpaying” for earnings growth that fails to materialize.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2084,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815472473,"gmtCreate":1630716774092,"gmtModify":1676530382307,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Not bad tbh&nbsp;","listText":"Not bad tbh&nbsp;","text":"Not bad tbh","images":[{"img":"https://static.tigerbbs.com/c6ef027178d63a8f27a8b2383ad3d2a3","width":"720","height":"1535"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815472473","isVote":1,"tweetType":1,"viewCount":1860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819638755,"gmtCreate":1630062973977,"gmtModify":1676530214053,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>time to sell soon","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>time to sell soon","text":"$AMC Entertainment(AMC)$time to sell soon","images":[{"img":"https://static.tigerbbs.com/46a95161b893d9a77723dbe72df909ba","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":921,"commentSize":181,"repostSize":20,"link":"https://ttm.financial/post/819638755","isVote":1,"tweetType":1,"viewCount":18433,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566422009404750","authorId":"3566422009404750","name":"RyantKing","avatar":"https://static.tigerbbs.com/21cb807f554e780c7da77b8008cbe145","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566422009404750","idStr":"3566422009404750"},"content":"Paper hand, U better sell","text":"Paper hand, U better sell","html":"Paper hand, U better sell"},{"author":{"id":"3582350348015234","authorId":"3582350348015234","name":"Ag1718","avatar":"https://community-static.tradeup.com/news/7b99db6dd9dd4eaa84bd8baf04aad0b9","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3582350348015234","idStr":"3582350348015234"},"content":"?? ..when Stock go up we ,will Be greedy and greedy ..only when other are fearful we will be fearful too . Just relax ???.. Happy day ☀️???","text":"?? ..when Stock go up we ,will Be greedy and greedy ..only when other are fearful we will be fearful too . Just relax ???.. Happy day ☀️???","html":"?? ..when Stock go up we ,will Be greedy and greedy ..only when other are fearful we will be fearful too . Just relax ???.. Happy day ☀️???"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819638086,"gmtCreate":1630062922845,"gmtModify":1676530214030,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Lmao usa","listText":"Lmao usa","text":"Lmao usa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819638086","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":2052,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819631508,"gmtCreate":1630062901604,"gmtModify":1676530214030,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[{"img":"https://static.tigerbbs.com/c74accd9532b94dd8eb2751ac61e706e","width":"720","height":"1477"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819631508","isVote":1,"tweetType":1,"viewCount":2051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810185769,"gmtCreate":1629952486951,"gmtModify":1676530182715,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Looking good","listText":"Looking good","text":"Looking good","images":[{"img":"https://static.tigerbbs.com/f3676dee8d2708d3351502a934121cba","width":"720","height":"1535"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810185769","isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810185812,"gmtCreate":1629952465436,"gmtModify":1676530182704,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>my pp hardddd","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>my pp hardddd","text":"$AMC Entertainment(AMC)$my pp hardddd","images":[{"img":"https://static.tigerbbs.com/2321bff80c1bf917e26fdfca31bbf3c2","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810185812","isVote":1,"tweetType":1,"viewCount":2660,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810117644,"gmtCreate":1629951886888,"gmtModify":1676530182507,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Dolla dolla","listText":"Dolla dolla","text":"Dolla dolla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810117644","repostId":"1101434650","repostType":4,"repost":{"id":"1101434650","kind":"news","pubTimestamp":1629949408,"share":"https://ttm.financial/m/news/1101434650?lang=en_US&edition=fundamental","pubTime":"2021-08-26 11:43","market":"us","language":"en","title":"The 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why","url":"https://stock-news.laohu8.com/highlight/detail?id=1101434650","media":"MoneyWise","summary":"Gather ‘round, everybody! Two super investors are fighting!\nWhile it may lack the melodrama of the K","content":"<p>Gather ‘round, everybody! Two super investors are fighting!</p>\n<p>While it may lack the melodrama of the Kim and Kanye split, the public spat between Michael Burry, the hedge fund manager who famously bet against the country’s housing market and won, and Cathie Wood, the&nbsp;celebrated head of Ark Invest, adds to an important discussion taking place&nbsp;in the investment space.</p>\n<p>Burry, skeptical of its valuation, is currently shorting Ark Invest’s flagship technology exchange-traded fund, Ark Innovation ETF (ARKK). Wood has countered by accusing Burry of not understanding growth in today’s environment.</p>\n<p>Wood and Burry have repeatedly proven that they know what they’re talking about. But in this case, they can’t both be right.</p>\n<h3>Why Burry is shorting ARKK</h3>\n<p>Michael Burry’s introduction to most of America came in the form of the movie* The Big Short*, which detailed his uncovering of the fraud at the heart of America’s subprime mortgage madness of the mid-2000s. (Burry was played by Christian Bale.)</p>\n<p>By shorting the U.S. housing market, the collapse of which he felt was inevitable, Burry generated a reported $700 million for investors and pocketed about $100 million for himself.</p>\n<p>Burry’s issue with ARRK is the seemingly unsustainable growth expectations being priced into its valuation.</p>\n<p>In a since-deleted tweet from February, Burry compared Wood and ARKK to investor Gary Pilgrim and his PBHG Growth Fund, which soared in the mid-1990s by backing innovative technologies, much like ARKK does.</p>\n<p>After the brief explosion in value tech stocks enjoyed in 1999, PBHG Growth fell by 34% in 2001 and another 30% in 2002.</p>\n<p>Could ARKK be following the same path? After increasing by an eye-popping 153% in 2020 on the back of investments in companies like Tesla, Zoom and Shopify, ARKK has produced negative returns this year.</p>\n<p>The fund is down 4% year to date and has fallen almost 25% since peaking at $156.58 in February. And yet, the fund has drawn in another $6.5 billion in assets this year, according to ETF Stream.</p>\n<p>\"If you know your history, there is a pattern here that can help you,” Burry, who is also shorting Tesla stock, tweeted. “If you don't, you're doomed to repeat it.\"</p>\n<h3>The case for ARKK</h3>\n<p>Wood politely dismisses Burry's skepticism.</p>\n<p>“To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market,” wrote Wood in an&nbsp;August 17 tweet. “I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.”</p>\n<p>Wood went on to tout her belief that the technologies ARK believes and invests in “should transform the world” in the next decade.</p>\n<p>“If we are correct, GDP and revenue growth will diminish until the opportunities in nascent technologies begin to move macro needles. In this environment, innovation based strategies should distinguish themselves.”</p>\n<p>There’s a good chance Wood will inevitably be proven right. But at their current levels, do the sectors and companies she and ARKK are backing have substantial room to run?</p>\n<p><i>Shark Tank</i>&nbsp;host and Dallas Mavericks owner Mark Cuban believes they do. After Burry’s short position in the ARKK fund was made public, Cuban came out in support of ARKK’s investment strategy, particularly its healthy exposure to the artificial intelligence space.</p>\n<p>\"There are 2 kinds of companies in the world: Those who originate their own AI successfully, and everyone else,\" Cuban&nbsp;tweeted. \"The top companies are AI dominate [sic] and running away from their Non-AI competitors. AI's competitive advantage is exponential, but nowhere to be seen on a Balance Sheet.\"</p>\n<h3>The lesson for investors</h3>\n<p>While Cathie Wood and Michael Burry have different opinions on the future of the ARKK ETF, they both approach the question of the fund’s value the same way: through careful, exhaustive research.</p>\n<p>Burry’s analysis might be more backward-looking and Wood’s more speculative, but they’re both weighing the available evidence and making informed decisions — exactly what&nbsp;successful investors&nbsp;would be expected to do.</p>\n<p>Whether you’re investing for short-term growth or long-term stability, it’s important not to rush out and throw your money around until you’re sufficiently educated about the sectors you hope to round out your portfolio with.</p>","source":"lsy1612507957220","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>The 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why</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\">\nThe 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ark-innovation-etf-sell-big-210000360.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gather ‘round, everybody! Two super investors are fighting!\nWhile it may lack the melodrama of the Kim and Kanye split, the public spat between Michael Burry, the hedge fund manager who famously bet ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ark-innovation-etf-sell-big-210000360.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PBHG":"PBS Holding, Inc."},"source_url":"https://finance.yahoo.com/news/ark-innovation-etf-sell-big-210000360.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101434650","content_text":"Gather ‘round, everybody! Two super investors are fighting!\nWhile it may lack the melodrama of the Kim and Kanye split, the public spat between Michael Burry, the hedge fund manager who famously bet against the country’s housing market and won, and Cathie Wood, the celebrated head of Ark Invest, adds to an important discussion taking place in the investment space.\nBurry, skeptical of its valuation, is currently shorting Ark Invest’s flagship technology exchange-traded fund, Ark Innovation ETF (ARKK). Wood has countered by accusing Burry of not understanding growth in today’s environment.\nWood and Burry have repeatedly proven that they know what they’re talking about. But in this case, they can’t both be right.\nWhy Burry is shorting ARKK\nMichael Burry’s introduction to most of America came in the form of the movie* The Big Short*, which detailed his uncovering of the fraud at the heart of America’s subprime mortgage madness of the mid-2000s. (Burry was played by Christian Bale.)\nBy shorting the U.S. housing market, the collapse of which he felt was inevitable, Burry generated a reported $700 million for investors and pocketed about $100 million for himself.\nBurry’s issue with ARRK is the seemingly unsustainable growth expectations being priced into its valuation.\nIn a since-deleted tweet from February, Burry compared Wood and ARKK to investor Gary Pilgrim and his PBHG Growth Fund, which soared in the mid-1990s by backing innovative technologies, much like ARKK does.\nAfter the brief explosion in value tech stocks enjoyed in 1999, PBHG Growth fell by 34% in 2001 and another 30% in 2002.\nCould ARKK be following the same path? After increasing by an eye-popping 153% in 2020 on the back of investments in companies like Tesla, Zoom and Shopify, ARKK has produced negative returns this year.\nThe fund is down 4% year to date and has fallen almost 25% since peaking at $156.58 in February. And yet, the fund has drawn in another $6.5 billion in assets this year, according to ETF Stream.\n\"If you know your history, there is a pattern here that can help you,” Burry, who is also shorting Tesla stock, tweeted. “If you don't, you're doomed to repeat it.\"\nThe case for ARKK\nWood politely dismisses Burry's skepticism.\n“To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market,” wrote Wood in an August 17 tweet. “I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.”\nWood went on to tout her belief that the technologies ARK believes and invests in “should transform the world” in the next decade.\n“If we are correct, GDP and revenue growth will diminish until the opportunities in nascent technologies begin to move macro needles. In this environment, innovation based strategies should distinguish themselves.”\nThere’s a good chance Wood will inevitably be proven right. But at their current levels, do the sectors and companies she and ARKK are backing have substantial room to run?\nShark Tank host and Dallas Mavericks owner Mark Cuban believes they do. After Burry’s short position in the ARKK fund was made public, Cuban came out in support of ARKK’s investment strategy, particularly its healthy exposure to the artificial intelligence space.\n\"There are 2 kinds of companies in the world: Those who originate their own AI successfully, and everyone else,\" Cuban tweeted. \"The top companies are AI dominate [sic] and running away from their Non-AI competitors. AI's competitive advantage is exponential, but nowhere to be seen on a Balance Sheet.\"\nThe lesson for investors\nWhile Cathie Wood and Michael Burry have different opinions on the future of the ARKK ETF, they both approach the question of the fund’s value the same way: through careful, exhaustive research.\nBurry’s analysis might be more backward-looking and Wood’s more speculative, but they’re both weighing the available evidence and making informed decisions — exactly what successful investors would be expected to do.\nWhether you’re investing for short-term growth or long-term stability, it’s important not to rush out and throw your money around until you’re sufficiently educated about the sectors you hope to round out your portfolio with.","news_type":1,"symbols_score_info":{"PBHG":0.9}},"isVote":1,"tweetType":1,"viewCount":1873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810117997,"gmtCreate":1629951844219,"gmtModify":1676530182499,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Likelike","listText":"Likelike","text":"Likelike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810117997","repostId":"1197778368","repostType":4,"isVote":1,"tweetType":1,"viewCount":2704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837346884,"gmtCreate":1629859532948,"gmtModify":1676530154630,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Based","listText":"Based","text":"Based","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/837346884","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",".DJI":"道琼斯","IVV":"标普500ETF-iShares","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares","OEX":"标普100",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF-ProShares"},"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,".SPX":0.9,"IVV":0.9,".DJI":0.9,"OEF":0.9,"ESmain":0.9,"SPXU":0.9,"UPRO":0.9,"SSO":0.9,"SH":0.9,".IXIC":0.9,"OEX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":3129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837362559,"gmtCreate":1629857957171,"gmtModify":1676530153906,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Semicon industry looking good&nbsp;","listText":"Semicon industry looking good&nbsp;","text":"Semicon industry looking good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/837362559","repostId":"2162082230","repostType":4,"repost":{"id":"2162082230","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":1629857203,"share":"https://ttm.financial/m/news/2162082230?lang=en_US&edition=fundamental","pubTime":"2021-08-25 10:06","market":"us","language":"en","title":"U.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2162082230","media":"Reuters","summary":"Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made ","content":"<p>Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters.</p>\n<p>The Nvidia and <a href=\"https://laohu8.com/S/AMD\">AMD</a> machine, to be called Polaris, will not be a replacement for the Intel-based Aurora machine slated for the Argonne National Lab near Chicago, which was poised to be the nation's fastest computer when announced in 2019. Instead, Polaris, which will come online this year, will be a test machine for Argonne to start readying its software for the Intel machine, the people familiar with the matter said.</p>\n<p>Argonne spokesperson Ben Schiltz did not immediately respond to a request for comment, nor did Nvidia spokesperson Hector Marinez or AMD spokesperson Aaron Grabein.</p>\n<p>Intel, AMD and Nvidia are battling for market share for chips used in data centers. The United States' array of supercomputers do scientific work for healthcare, climate and other researchers, as well as performing virtual testing of the country's nuclear weapons.</p>\n<p>Key technologies pioneered in the systems often filter down to commercial data centers in subsequent years, giving an advantage to chip companies which win the contract work.</p>\n<p>When Aurora was first announced, Intel and Argonne said the machine would be delivered in 2021, but Intel still has not delivered the key Ponte Vecchio and Sapphire Rapids chips. Intel said in June that the Sapphire Rapids chips would not be in production until 2022, and on Tuesday Intel spokesperson Will Moss said the company remained committed to delivering the computer in 2022.</p>\n<p>The $500 million contract called for Intel and partners to deliver a computer with so-called exaflop performance, or the ability to perform 1 quintillion - or 1,000,000,000,000,000,000 - calculations per second. Now, the first exascale computer in the United States will likely be a different machine at a different lab - Oak Ridge National Lab in Tennessee - built by Hewlett Packard Enterprise Co with chips from AMD expected to be delivered later this year.</p>\n<p>The Polaris machine at Argonne will not be as powerful as the Intel machine, the sources said. Based on Nvidia's A100 chips and AMD's Rome and Milan chips, the Polaris computer will be able to make some exaflop calculations but mostly work at slower speeds.</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>U.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -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\">\nU.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -sources\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 10:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters.</p>\n<p>The Nvidia and <a href=\"https://laohu8.com/S/AMD\">AMD</a> machine, to be called Polaris, will not be a replacement for the Intel-based Aurora machine slated for the Argonne National Lab near Chicago, which was poised to be the nation's fastest computer when announced in 2019. Instead, Polaris, which will come online this year, will be a test machine for Argonne to start readying its software for the Intel machine, the people familiar with the matter said.</p>\n<p>Argonne spokesperson Ben Schiltz did not immediately respond to a request for comment, nor did Nvidia spokesperson Hector Marinez or AMD spokesperson Aaron Grabein.</p>\n<p>Intel, AMD and Nvidia are battling for market share for chips used in data centers. The United States' array of supercomputers do scientific work for healthcare, climate and other researchers, as well as performing virtual testing of the country's nuclear weapons.</p>\n<p>Key technologies pioneered in the systems often filter down to commercial data centers in subsequent years, giving an advantage to chip companies which win the contract work.</p>\n<p>When Aurora was first announced, Intel and Argonne said the machine would be delivered in 2021, but Intel still has not delivered the key Ponte Vecchio and Sapphire Rapids chips. Intel said in June that the Sapphire Rapids chips would not be in production until 2022, and on Tuesday Intel spokesperson Will Moss said the company remained committed to delivering the computer in 2022.</p>\n<p>The $500 million contract called for Intel and partners to deliver a computer with so-called exaflop performance, or the ability to perform 1 quintillion - or 1,000,000,000,000,000,000 - calculations per second. Now, the first exascale computer in the United States will likely be a different machine at a different lab - Oak Ridge National Lab in Tennessee - built by Hewlett Packard Enterprise Co with chips from AMD expected to be delivered later this year.</p>\n<p>The Polaris machine at Argonne will not be as powerful as the Intel machine, the sources said. Based on Nvidia's A100 chips and AMD's Rome and Milan chips, the Polaris computer will be able to make some exaflop calculations but mostly work at slower speeds.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162082230","content_text":"Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters.\nThe Nvidia and AMD machine, to be called Polaris, will not be a replacement for the Intel-based Aurora machine slated for the Argonne National Lab near Chicago, which was poised to be the nation's fastest computer when announced in 2019. Instead, Polaris, which will come online this year, will be a test machine for Argonne to start readying its software for the Intel machine, the people familiar with the matter said.\nArgonne spokesperson Ben Schiltz did not immediately respond to a request for comment, nor did Nvidia spokesperson Hector Marinez or AMD spokesperson Aaron Grabein.\nIntel, AMD and Nvidia are battling for market share for chips used in data centers. The United States' array of supercomputers do scientific work for healthcare, climate and other researchers, as well as performing virtual testing of the country's nuclear weapons.\nKey technologies pioneered in the systems often filter down to commercial data centers in subsequent years, giving an advantage to chip companies which win the contract work.\nWhen Aurora was first announced, Intel and Argonne said the machine would be delivered in 2021, but Intel still has not delivered the key Ponte Vecchio and Sapphire Rapids chips. Intel said in June that the Sapphire Rapids chips would not be in production until 2022, and on Tuesday Intel spokesperson Will Moss said the company remained committed to delivering the computer in 2022.\nThe $500 million contract called for Intel and partners to deliver a computer with so-called exaflop performance, or the ability to perform 1 quintillion - or 1,000,000,000,000,000,000 - calculations per second. Now, the first exascale computer in the United States will likely be a different machine at a different lab - Oak Ridge National Lab in Tennessee - built by Hewlett Packard Enterprise Co with chips from AMD expected to be delivered later this year.\nThe Polaris machine at Argonne will not be as powerful as the Intel machine, the sources said. Based on Nvidia's A100 chips and AMD's Rome and Milan chips, the Polaris computer will be able to make some exaflop calculations but mostly work at slower speeds.","news_type":1,"symbols_score_info":{"INTC":0.9,"NVDA":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837366428,"gmtCreate":1629857898464,"gmtModify":1676530153884,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Might be time to buy?","listText":"Might be time to buy?","text":"Might be time to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837366428","repostId":"2162303316","repostType":4,"repost":{"id":"2162303316","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":1629856294,"share":"https://ttm.financial/m/news/2162303316?lang=en_US&edition=fundamental","pubTime":"2021-08-25 09:51","market":"hk","language":"en","title":"Hong Kong-listed JD Health jumps to two weeks high after strong results","url":"https://stock-news.laohu8.com/highlight/detail?id=2162303316","media":"Reuters","summary":"** Shares of Chinese internet healthcare provider jump 8.8% to HK$79.95, the highest since Aug. 12, ","content":"<p>** Shares of Chinese internet healthcare provider&nbsp;jump 8.8% to HK$79.95, the highest since Aug. 12, on course for the third straight session of gains</p>\n<p>** Stock is biggest pct gainer on Hang Seng China Enterprises Index&nbsp;and second biggest gainer on Hang Seng Tech Index</p>\n<p>** Hong Kong-listed subsidiary of JD.com Inc says its first-half revenue rose 55.4% from a year ago period to 13.64 bln yuan ($2.1 bln) with net loss narrowing to 454.2 mln yuan from 5.36 bln yuan loss</p>\n<p>** Brokerage Daiwa says H1 results showed another strong beat in traffic ad revenue growth</p>\n<p>** Hong Kong shares of JD.com jump as much as 7.9% to HK$302, the highest since July 2</p>\n<p>** The Hang Seng Tech Index jumps 2.2% and the healthcare index rises 1.5%</p>\n<p>** The Hang Seng China Enterprises Index gains 0.9%, and the benchmark index climbs 0.6%</p>\n<p>** As of last close, stock of JD Health dropped 51% YTD</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>Hong Kong-listed JD Health jumps to two weeks high after strong results</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\">\nHong Kong-listed JD Health jumps to two weeks high after strong results\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 09:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Chinese internet healthcare provider&nbsp;jump 8.8% to HK$79.95, the highest since Aug. 12, on course for the third straight session of gains</p>\n<p>** Stock is biggest pct gainer on Hang Seng China Enterprises Index&nbsp;and second biggest gainer on Hang Seng Tech Index</p>\n<p>** Hong Kong-listed subsidiary of JD.com Inc says its first-half revenue rose 55.4% from a year ago period to 13.64 bln yuan ($2.1 bln) with net loss narrowing to 454.2 mln yuan from 5.36 bln yuan loss</p>\n<p>** Brokerage Daiwa says H1 results showed another strong beat in traffic ad revenue growth</p>\n<p>** Hong Kong shares of JD.com jump as much as 7.9% to HK$302, the highest since July 2</p>\n<p>** The Hang Seng Tech Index jumps 2.2% and the healthcare index rises 1.5%</p>\n<p>** The Hang Seng China Enterprises Index gains 0.9%, and the benchmark index climbs 0.6%</p>\n<p>** As of last close, stock of JD Health dropped 51% YTD</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","QNETCN":"纳斯达克中美互联网老虎指数","JD":"京东","06618":"京东健康"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162303316","content_text":"** Shares of Chinese internet healthcare provider jump 8.8% to HK$79.95, the highest since Aug. 12, on course for the third straight session of gains\n** Stock is biggest pct gainer on Hang Seng China Enterprises Index and second biggest gainer on Hang Seng Tech Index\n** Hong Kong-listed subsidiary of JD.com Inc says its first-half revenue rose 55.4% from a year ago period to 13.64 bln yuan ($2.1 bln) with net loss narrowing to 454.2 mln yuan from 5.36 bln yuan loss\n** Brokerage Daiwa says H1 results showed another strong beat in traffic ad revenue growth\n** Hong Kong shares of JD.com jump as much as 7.9% to HK$302, the highest since July 2\n** The Hang Seng Tech Index jumps 2.2% and the healthcare index rises 1.5%\n** The Hang Seng China Enterprises Index gains 0.9%, and the benchmark index climbs 0.6%\n** As of last close, stock of JD Health dropped 51% YTD","news_type":1,"symbols_score_info":{"QNETCN":0.9,"JD":0.9,"06618":0.9,"09618":0.9}},"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837366125,"gmtCreate":1629857878067,"gmtModify":1676530153875,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837366125","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",".DJI":"道琼斯","IVV":"标普500ETF-iShares","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares","OEX":"标普100",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF-ProShares"},"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,".SPX":0.9,"IVV":0.9,".DJI":0.9,"OEF":0.9,"ESmain":0.9,"SPXU":0.9,"UPRO":0.9,"SSO":0.9,"SH":0.9,".IXIC":0.9,"OEX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837361575,"gmtCreate":1629857768997,"gmtModify":1676530153834,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>to the mo0o0o0o0on","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>to the mo0o0o0o0on","text":"$AMC Entertainment(AMC)$to the mo0o0o0o0on","images":[{"img":"https://static.tigerbbs.com/e6a6a947019364131765821cd582c680","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837361575","isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":837363534,"gmtCreate":1629857702628,"gmtModify":1676530153811,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Nice nice picture&nbsp;","listText":"Nice nice picture&nbsp;","text":"Nice nice picture","images":[{"img":"https://static.tigerbbs.com/6dc4ec33c440f25383f32ec7e9d3e9b4","width":"720","height":"1535"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837363534","isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":834476286,"gmtCreate":1629824392245,"gmtModify":1676530143673,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Nice nice nice","listText":"Nice nice nice","text":"Nice nice nice","images":[{"img":"https://static.tigerbbs.com/e75fc9307aafb086a8155a408a6e4a59","width":"720","height":"1477"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834476286","isVote":1,"tweetType":1,"viewCount":777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":831004442,"gmtCreate":1629270243586,"gmtModify":1676529985608,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Gotta be prepared&nbsp;","listText":"Gotta be prepared&nbsp;","text":"Gotta be prepared","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/831004442","repostId":"1119160710","repostType":4,"repost":{"id":"1119160710","kind":"news","pubTimestamp":1629269542,"share":"https://ttm.financial/m/news/1119160710?lang=en_US&edition=fundamental","pubTime":"2021-08-18 14:52","market":"us","language":"en","title":"6 Positive Market Months In A Row... What Happens Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1119160710","media":"zerohedge","summary":"In this past weekend’s newsletter, I discussed the rarity of 6-positive market months in a row. To w","content":"<p>In this past weekend’s newsletter, I discussed the rarity of&nbsp;<b><i>6-positive market months</i></b>&nbsp;in a row. To wit:</p>\n<blockquote>\n <i>“An additional ‘red flag’ is the S&amp;P 500 has had positive returns for 6-straight months.&nbsp;</i> \n <i><b>As shown in the 10-year monthly chart below, such streaks are a rarity, and when they do occur, they are usually met by a month, or more, of negative returns.</b></i> \n <i>“</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/acbb168618e329e81890ddb60b0ac278\" tg-width=\"991\" tg-height=\"521\" referrerpolicy=\"no-referrer\"><i>(It is also worth noting that when the 12-Month RSI is this overbought, larger corrective processes have occurred.)</i></p>\n<p>As stated, I only went back 10-years in the chart above. Such generated several email questions asking about the number of historical occurrences over the long term.</p>\n<p><b>6-Positive Market Months – Long Term</b></p>\n<p>Using Dr. Robert Shiller’s long-term nominal stock market data, I calculated monthly positive returns and then highlighted periods of 6-positive market months or more.</p>\n<p><img src=\"https://static.tigerbbs.com/38d632f054d0a5668489fe697ab20924\" tg-width=\"968\" tg-height=\"589\" referrerpolicy=\"no-referrer\">There are several important takeaways from the chart above.</p>\n<ol>\n <li><b>All periods of consecutive performance eventually end.</b><i>(While such seems obvious, it is something investors tend to forget about during long bullish stretches.)</i></li>\n <li><i>Given the extremely long-period of market history,&nbsp;</i><i><b>such long-stretches of bullish performance are somewhat rare.</b></i></li>\n <li><i>Such periods of performance often, but not always,&nbsp;</i><i><b>precede fairly decent market corrections or bear markets.</b></i></li>\n</ol>\n<p>The table below shows all periods where there were 2-months or more of consecutive positive returns.</p>\n<p><img src=\"https://static.tigerbbs.com/30818e20d84915a59e21dcb051181793\" tg-width=\"760\" tg-height=\"369\" referrerpolicy=\"no-referrer\">What the table shows is that nearly 40% of the time, a two-month stretch of positive performance is followed by at least one month of negative performance. Three consecutive positive months occur 23% of the time, and only 14% of occurrences stretch to 4-months.</p>\n<p><b>Since 1871, there have only been 12 occurrences of 6-month or greater stretches of positive returns before a negative month appeared.</b>In total there are just 40 occurrences, out of 245 periods of 2-months or more, the market ran 6-months or longer without a correction.</p>\n<p>However, in every period, the run ended in at least a negative return month, but the vast majority ended with much deeper corrections.</p>\n<p><b><u>This Time Is Different</u></b></p>\n<p>At the current time, there is no concern about&nbsp;<i>“risk”</i>&nbsp;in the financial markets as the&nbsp;<i>“bullish bias”</i>&nbsp;remains unfettered. With the Fed still applying $120 billion a month in liquidity, investors learned the meaning of&nbsp;<i>“the beatings will continue until morale improves.”</i></p>\n<p>It is certainly possible the market advance can continue unabated into one of the historically lengthier stretches. The only question is when will it end, and how big of a correction will it be?</p>\n<p><b>What will cause the correction is unknown?</b>The reason is that if the market becomes aware of an issue, participants&nbsp;<i>“price”</i>that&nbsp;<i>“risk”</i>&nbsp;into markets. Such is why, particularly when investors are aggressively positioned in the market when an unexpected, exogenous, event occurs prices decline rapidly as&nbsp;<i>“risk”</i>&nbsp;gets reduced.</p>\n<p>Such is why the market was holding up fairly well in the face of the “Pandemic” in February of 2020. However, what market participants were not prepared for, the “exogenous” event, was the complete&nbsp;<i>“shutdown”</i>&nbsp;of the economy.</p>\n<p>So, whatever event causes a rush of investors to the “exits,” is not something we are currently discussing or worried about in the financial media.</p>\n<p><u><b>Size Of The Correction</b></u></p>\n<p><b>The magnitude of the correction is an easier question to answer.</b></p>\n<p>Currently, the market is extremely deviated above its 2-year (24-month) moving average. Such extreme deviations are a historical rarity and have often resulted in corrections of 20% or more.</p>\n<p><img src=\"https://static.tigerbbs.com/ef44d95d728249aa5724bf499da25ec3\" tg-width=\"967\" tg-height=\"604\" referrerpolicy=\"no-referrer\">As we showed in&nbsp;<i><b>“Past Performance Is No Guarantee,”</b></i></p>\n<blockquote>\n <i>“This is also where investors should be paying attention to the ‘risk’ they are taking on. As shown, there are few points in history where the index, monthly, is this extended, deviated, and bullish.”</i>\n</blockquote>\n<p>There have only been 6-previous points in history where markets were simultaneously this extended, bullish, and overbought. Each of those periods marked more historical performance peaks – 1929, 1937, 1946, 1957, 1987, 1999.</p>\n<p>Importantly, the 72-month moving average has acted as long-term running support for the market going back to 1925. Violations of that moving average are rare and only occur during&nbsp;<i>“mean-reverting”</i>&nbsp;bear markets.&nbsp;<b>Currently, a correction to the 72-month moving average would require a 36.5% decline.</b></p>\n<p><img src=\"https://static.tigerbbs.com/84ad29e35e9c52c09e6214c012a264a1\" tg-width=\"990\" tg-height=\"438\" referrerpolicy=\"no-referrer\">Currently, such a correction seems unlikely given the current&nbsp;<i>“bullish sentiment.”</i>&nbsp;However, the same sentiment abounded in February 2020 just before the market tested that support.</p>\n<p>Given the massive deviations from long-term means, our suspicion is that at some point we will likely again test that support in the future.</p>\n<p><b><u>Into The Belly Of The Beast</u></b></p>\n<p>The market is currently priced for perfection. Investors continue to disregard warnings of slowing economic growth on hopes that monetary interventions will continue indefinitely. While such could indeed be the case, that does not preclude the market from having a correction or worse.</p>\n<p>Interest rates continue to decline sharply suggesting that economic growth is weakening rapidly. Such will lead to earnings disappointment in the months ahead at a time when valuations remain excessive on many levels.</p>\n<p>August and September historically sport weak performance for the market for a variety of reasons. However, given 6-positive market months already, the risk of a correction has risen markedly.</p>\n<p><img src=\"https://static.tigerbbs.com/f0ceb1f048ad067fd6355ec65f90b970\" tg-width=\"900\" tg-height=\"490\" referrerpolicy=\"no-referrer\"><b>The first year of a new-President also sports weak performance during the August-September period.</b>With the “debt ceiling” approaching, the Fed potentially discussing<i>“tapering”</i>&nbsp;asset purchases, and the potential for disappointment in economic reports, there are plenty of things to<i>“spook”</i>&nbsp;markets.</p>\n<p><img src=\"https://static.tigerbbs.com/ac42db5f35b7be8f0da998b203791bee\" tg-width=\"899\" tg-height=\"617\" referrerpolicy=\"no-referrer\">The point is simply that the&nbsp;<i>“risk”</i>&nbsp;of a correction is now elevated.</p>\n<p><u><b>What This Means And Doesn’t Mean</b></u></p>\n<p>Let me repeat the following just so there is no confusion.</p>\n<blockquote>\n <i><b>“What this analysis DOES NOT mean is that you should ‘sell everything’ and ‘hide in cash.’”</b></i>\n</blockquote>\n<p>As always, long-term portfolio management is about managing&nbsp;<i>“risk”</i>&nbsp;by&nbsp;<i>“tweaking”</i>&nbsp;things over time.</p>\n<p>If you have a&nbsp;<i>“so so”</i>&nbsp;hand at a poker table, you bet less or fold.</p>\n<p>It doesn’t mean you get up and leave the table altogether.</p>\n<p><b>What this analysis does suppest is that we should use rallies to rebalance portfolios.</b></p>\n<ol>\n <li><p><b><i>Trim Winning Positions</i></b><i>&nbsp;back to their original portfolio weightings. (ie. Take profits)</i></p></li>\n <li><p><b><i>Sell Those Positions That Aren’t Working.</i></b><i>If they don’t rally with the market during a bounce, they will decline more when the market sells off again.</i></p></li>\n <li><p><b><i>Move Trailing Stop Losses Up</i></b><i>&nbsp;to new levels.</i></p></li>\n <li><p><b><i>Review Your Portfolio Allocation Relative To Your Risk Tolerance.</i></b><i>&nbsp;If you have an aggressive allocation to equities at this point of the market cycle, you may want to try and recall how you felt during 2008. Raise cash levels and increase fixed income accordingly to reduce relative market exposure.</i></p></li>\n</ol>\n<p><b>Could I be wrong?</b>&nbsp;Absolutely.</p>\n<p>But what if the indicators are warning us of something more significant?</p>\n<p>What’s worse:</p>\n<ol>\n <li><p><i>Missing out temporarily on the initial stages of a longer-term advance, or;</i></p></li>\n <li><p><i>Spending time getting back to even, which is not the same as making money.</i></p></li>\n</ol>\n<p>As I noted recently in our blog on<b><i>&nbsp;trading rules:</i></b></p>\n<blockquote>\n <i>“</i> \n <b><i>Opportunities are made up far easier than lost capital.”</i></b> \n <b>&nbsp;–</b> \n <i>Todd Harrison</i>\n</blockquote>","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>6 Positive Market Months In A Row... What Happens Next?</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\">\n6 Positive Market Months In A Row... What Happens Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 14:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/6-positive-market-months-row-what-happens-next><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this past weekend’s newsletter, I discussed the rarity of 6-positive market months in a row. To wit:\n\n“An additional ‘red flag’ is the S&P 500 has had positive returns for 6-straight months. \nAs ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/6-positive-market-months-row-what-happens-next\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/6-positive-market-months-row-what-happens-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119160710","content_text":"In this past weekend’s newsletter, I discussed the rarity of 6-positive market months in a row. To wit:\n\n“An additional ‘red flag’ is the S&P 500 has had positive returns for 6-straight months. \nAs shown in the 10-year monthly chart below, such streaks are a rarity, and when they do occur, they are usually met by a month, or more, of negative returns.\n“\n\n(It is also worth noting that when the 12-Month RSI is this overbought, larger corrective processes have occurred.)\nAs stated, I only went back 10-years in the chart above. Such generated several email questions asking about the number of historical occurrences over the long term.\n6-Positive Market Months – Long Term\nUsing Dr. Robert Shiller’s long-term nominal stock market data, I calculated monthly positive returns and then highlighted periods of 6-positive market months or more.\nThere are several important takeaways from the chart above.\n\nAll periods of consecutive performance eventually end.(While such seems obvious, it is something investors tend to forget about during long bullish stretches.)\nGiven the extremely long-period of market history, such long-stretches of bullish performance are somewhat rare.\nSuch periods of performance often, but not always, precede fairly decent market corrections or bear markets.\n\nThe table below shows all periods where there were 2-months or more of consecutive positive returns.\nWhat the table shows is that nearly 40% of the time, a two-month stretch of positive performance is followed by at least one month of negative performance. Three consecutive positive months occur 23% of the time, and only 14% of occurrences stretch to 4-months.\nSince 1871, there have only been 12 occurrences of 6-month or greater stretches of positive returns before a negative month appeared.In total there are just 40 occurrences, out of 245 periods of 2-months or more, the market ran 6-months or longer without a correction.\nHowever, in every period, the run ended in at least a negative return month, but the vast majority ended with much deeper corrections.\nThis Time Is Different\nAt the current time, there is no concern about “risk” in the financial markets as the “bullish bias” remains unfettered. With the Fed still applying $120 billion a month in liquidity, investors learned the meaning of “the beatings will continue until morale improves.”\nIt is certainly possible the market advance can continue unabated into one of the historically lengthier stretches. The only question is when will it end, and how big of a correction will it be?\nWhat will cause the correction is unknown?The reason is that if the market becomes aware of an issue, participants “price”that “risk” into markets. Such is why, particularly when investors are aggressively positioned in the market when an unexpected, exogenous, event occurs prices decline rapidly as “risk” gets reduced.\nSuch is why the market was holding up fairly well in the face of the “Pandemic” in February of 2020. However, what market participants were not prepared for, the “exogenous” event, was the complete “shutdown” of the economy.\nSo, whatever event causes a rush of investors to the “exits,” is not something we are currently discussing or worried about in the financial media.\nSize Of The Correction\nThe magnitude of the correction is an easier question to answer.\nCurrently, the market is extremely deviated above its 2-year (24-month) moving average. Such extreme deviations are a historical rarity and have often resulted in corrections of 20% or more.\nAs we showed in “Past Performance Is No Guarantee,”\n\n“This is also where investors should be paying attention to the ‘risk’ they are taking on. As shown, there are few points in history where the index, monthly, is this extended, deviated, and bullish.”\n\nThere have only been 6-previous points in history where markets were simultaneously this extended, bullish, and overbought. Each of those periods marked more historical performance peaks – 1929, 1937, 1946, 1957, 1987, 1999.\nImportantly, the 72-month moving average has acted as long-term running support for the market going back to 1925. Violations of that moving average are rare and only occur during “mean-reverting” bear markets. Currently, a correction to the 72-month moving average would require a 36.5% decline.\nCurrently, such a correction seems unlikely given the current “bullish sentiment.” However, the same sentiment abounded in February 2020 just before the market tested that support.\nGiven the massive deviations from long-term means, our suspicion is that at some point we will likely again test that support in the future.\nInto The Belly Of The Beast\nThe market is currently priced for perfection. Investors continue to disregard warnings of slowing economic growth on hopes that monetary interventions will continue indefinitely. While such could indeed be the case, that does not preclude the market from having a correction or worse.\nInterest rates continue to decline sharply suggesting that economic growth is weakening rapidly. Such will lead to earnings disappointment in the months ahead at a time when valuations remain excessive on many levels.\nAugust and September historically sport weak performance for the market for a variety of reasons. However, given 6-positive market months already, the risk of a correction has risen markedly.\nThe first year of a new-President also sports weak performance during the August-September period.With the “debt ceiling” approaching, the Fed potentially discussing“tapering” asset purchases, and the potential for disappointment in economic reports, there are plenty of things to“spook” markets.\nThe point is simply that the “risk” of a correction is now elevated.\nWhat This Means And Doesn’t Mean\nLet me repeat the following just so there is no confusion.\n\n“What this analysis DOES NOT mean is that you should ‘sell everything’ and ‘hide in cash.’”\n\nAs always, long-term portfolio management is about managing “risk” by “tweaking” things over time.\nIf you have a “so so” hand at a poker table, you bet less or fold.\nIt doesn’t mean you get up and leave the table altogether.\nWhat this analysis does suppest is that we should use rallies to rebalance portfolios.\n\nTrim Winning Positions back to their original portfolio weightings. (ie. Take profits)\nSell Those Positions That Aren’t Working.If they don’t rally with the market during a bounce, they will decline more when the market sells off again.\nMove Trailing Stop Losses Up to new levels.\nReview Your Portfolio Allocation Relative To Your Risk Tolerance. If you have an aggressive allocation to equities at this point of the market cycle, you may want to try and recall how you felt during 2008. Raise cash levels and increase fixed income accordingly to reduce relative market exposure.\n\nCould I be wrong? Absolutely.\nBut what if the indicators are warning us of something more significant?\nWhat’s worse:\n\nMissing out temporarily on the initial stages of a longer-term advance, or;\nSpending time getting back to even, which is not the same as making money.\n\nAs I noted recently in our blog on trading rules:\n\n“\nOpportunities are made up far easier than lost capital.”\n –\nTodd Harrison","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831004907,"gmtCreate":1629270202109,"gmtModify":1676529985571,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Buying the dip","listText":"Buying the dip","text":"Buying the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/831004907","repostId":"1146130472","repostType":4,"isVote":1,"tweetType":1,"viewCount":708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831002805,"gmtCreate":1629270094007,"gmtModify":1676529985540,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[{"img":"https://static.tigerbbs.com/2160fbce2a3ec19aa03330da22476c40","width":"720","height":"1535"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831002805","isVote":1,"tweetType":1,"viewCount":767,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896979373,"gmtCreate":1628553729792,"gmtModify":1703507924361,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Lube up boys","listText":"Lube up boys","text":"Lube up boys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896979373","repostId":"1142685473","repostType":4,"isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":819638755,"gmtCreate":1630062973977,"gmtModify":1676530214053,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>time to sell soon","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>time to sell soon","text":"$AMC Entertainment(AMC)$time to sell soon","images":[{"img":"https://static.tigerbbs.com/46a95161b893d9a77723dbe72df909ba","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":921,"commentSize":181,"repostSize":20,"link":"https://ttm.financial/post/819638755","isVote":1,"tweetType":1,"viewCount":18433,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566422009404750","authorId":"3566422009404750","name":"RyantKing","avatar":"https://static.tigerbbs.com/21cb807f554e780c7da77b8008cbe145","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3566422009404750","idStr":"3566422009404750"},"content":"Paper hand, U better sell","text":"Paper hand, U better sell","html":"Paper hand, U better sell"},{"author":{"id":"3582350348015234","authorId":"3582350348015234","name":"Ag1718","avatar":"https://community-static.tradeup.com/news/7b99db6dd9dd4eaa84bd8baf04aad0b9","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3582350348015234","idStr":"3582350348015234"},"content":"?? ..when Stock go up we ,will Be greedy and greedy ..only when other are fearful we will be fearful too . Just relax ???.. Happy day ☀️???","text":"?? ..when Stock go up we ,will Be greedy and greedy ..only when other are fearful we will be fearful too . Just relax ???.. Happy day ☀️???","html":"?? ..when Stock go up we ,will Be greedy and greedy ..only when other are fearful we will be fearful too . Just relax ???.. Happy day ☀️???"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":837346884,"gmtCreate":1629859532948,"gmtModify":1676530154630,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Based","listText":"Based","text":"Based","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/837346884","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; 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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\">\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",".DJI":"道琼斯","IVV":"标普500ETF-iShares","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares","OEX":"标普100",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF-ProShares"},"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,".SPX":0.9,"IVV":0.9,".DJI":0.9,"OEF":0.9,"ESmain":0.9,"SPXU":0.9,"UPRO":0.9,"SSO":0.9,"SH":0.9,".IXIC":0.9,"OEX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":3129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810185812,"gmtCreate":1629952465436,"gmtModify":1676530182704,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>my pp hardddd","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>my pp hardddd","text":"$AMC Entertainment(AMC)$my pp hardddd","images":[{"img":"https://static.tigerbbs.com/2321bff80c1bf917e26fdfca31bbf3c2","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810185812","isVote":1,"tweetType":1,"viewCount":2660,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896979373,"gmtCreate":1628553729792,"gmtModify":1703507924361,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Lube up boys","listText":"Lube up boys","text":"Lube up boys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896979373","repostId":"1142685473","repostType":4,"isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837362559,"gmtCreate":1629857957171,"gmtModify":1676530153906,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Semicon industry looking good&nbsp;","listText":"Semicon industry looking good&nbsp;","text":"Semicon industry looking good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/837362559","repostId":"2162082230","repostType":4,"repost":{"id":"2162082230","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":1629857203,"share":"https://ttm.financial/m/news/2162082230?lang=en_US&edition=fundamental","pubTime":"2021-08-25 10:06","market":"us","language":"en","title":"U.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2162082230","media":"Reuters","summary":"Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made ","content":"<p>Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters.</p>\n<p>The Nvidia and <a href=\"https://laohu8.com/S/AMD\">AMD</a> machine, to be called Polaris, will not be a replacement for the Intel-based Aurora machine slated for the Argonne National Lab near Chicago, which was poised to be the nation's fastest computer when announced in 2019. Instead, Polaris, which will come online this year, will be a test machine for Argonne to start readying its software for the Intel machine, the people familiar with the matter said.</p>\n<p>Argonne spokesperson Ben Schiltz did not immediately respond to a request for comment, nor did Nvidia spokesperson Hector Marinez or AMD spokesperson Aaron Grabein.</p>\n<p>Intel, AMD and Nvidia are battling for market share for chips used in data centers. The United States' array of supercomputers do scientific work for healthcare, climate and other researchers, as well as performing virtual testing of the country's nuclear weapons.</p>\n<p>Key technologies pioneered in the systems often filter down to commercial data centers in subsequent years, giving an advantage to chip companies which win the contract work.</p>\n<p>When Aurora was first announced, Intel and Argonne said the machine would be delivered in 2021, but Intel still has not delivered the key Ponte Vecchio and Sapphire Rapids chips. Intel said in June that the Sapphire Rapids chips would not be in production until 2022, and on Tuesday Intel spokesperson Will Moss said the company remained committed to delivering the computer in 2022.</p>\n<p>The $500 million contract called for Intel and partners to deliver a computer with so-called exaflop performance, or the ability to perform 1 quintillion - or 1,000,000,000,000,000,000 - calculations per second. Now, the first exascale computer in the United States will likely be a different machine at a different lab - Oak Ridge National Lab in Tennessee - built by Hewlett Packard Enterprise Co with chips from AMD expected to be delivered later this year.</p>\n<p>The Polaris machine at Argonne will not be as powerful as the Intel machine, the sources said. Based on Nvidia's A100 chips and AMD's Rome and Milan chips, the Polaris computer will be able to make some exaflop calculations but mostly work at slower speeds.</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>U.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -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\">\nU.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -sources\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 10:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters.</p>\n<p>The Nvidia and <a href=\"https://laohu8.com/S/AMD\">AMD</a> machine, to be called Polaris, will not be a replacement for the Intel-based Aurora machine slated for the Argonne National Lab near Chicago, which was poised to be the nation's fastest computer when announced in 2019. Instead, Polaris, which will come online this year, will be a test machine for Argonne to start readying its software for the Intel machine, the people familiar with the matter said.</p>\n<p>Argonne spokesperson Ben Schiltz did not immediately respond to a request for comment, nor did Nvidia spokesperson Hector Marinez or AMD spokesperson Aaron Grabein.</p>\n<p>Intel, AMD and Nvidia are battling for market share for chips used in data centers. The United States' array of supercomputers do scientific work for healthcare, climate and other researchers, as well as performing virtual testing of the country's nuclear weapons.</p>\n<p>Key technologies pioneered in the systems often filter down to commercial data centers in subsequent years, giving an advantage to chip companies which win the contract work.</p>\n<p>When Aurora was first announced, Intel and Argonne said the machine would be delivered in 2021, but Intel still has not delivered the key Ponte Vecchio and Sapphire Rapids chips. Intel said in June that the Sapphire Rapids chips would not be in production until 2022, and on Tuesday Intel spokesperson Will Moss said the company remained committed to delivering the computer in 2022.</p>\n<p>The $500 million contract called for Intel and partners to deliver a computer with so-called exaflop performance, or the ability to perform 1 quintillion - or 1,000,000,000,000,000,000 - calculations per second. Now, the first exascale computer in the United States will likely be a different machine at a different lab - Oak Ridge National Lab in Tennessee - built by Hewlett Packard Enterprise Co with chips from AMD expected to be delivered later this year.</p>\n<p>The Polaris machine at Argonne will not be as powerful as the Intel machine, the sources said. Based on Nvidia's A100 chips and AMD's Rome and Milan chips, the Polaris computer will be able to make some exaflop calculations but mostly work at slower speeds.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162082230","content_text":"Aug 24 (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a larger supercomputer from Intel Corp that has been delayed for months, two people familiar with the matter told Reuters.\nThe Nvidia and AMD machine, to be called Polaris, will not be a replacement for the Intel-based Aurora machine slated for the Argonne National Lab near Chicago, which was poised to be the nation's fastest computer when announced in 2019. Instead, Polaris, which will come online this year, will be a test machine for Argonne to start readying its software for the Intel machine, the people familiar with the matter said.\nArgonne spokesperson Ben Schiltz did not immediately respond to a request for comment, nor did Nvidia spokesperson Hector Marinez or AMD spokesperson Aaron Grabein.\nIntel, AMD and Nvidia are battling for market share for chips used in data centers. The United States' array of supercomputers do scientific work for healthcare, climate and other researchers, as well as performing virtual testing of the country's nuclear weapons.\nKey technologies pioneered in the systems often filter down to commercial data centers in subsequent years, giving an advantage to chip companies which win the contract work.\nWhen Aurora was first announced, Intel and Argonne said the machine would be delivered in 2021, but Intel still has not delivered the key Ponte Vecchio and Sapphire Rapids chips. Intel said in June that the Sapphire Rapids chips would not be in production until 2022, and on Tuesday Intel spokesperson Will Moss said the company remained committed to delivering the computer in 2022.\nThe $500 million contract called for Intel and partners to deliver a computer with so-called exaflop performance, or the ability to perform 1 quintillion - or 1,000,000,000,000,000,000 - calculations per second. Now, the first exascale computer in the United States will likely be a different machine at a different lab - Oak Ridge National Lab in Tennessee - built by Hewlett Packard Enterprise Co with chips from AMD expected to be delivered later this year.\nThe Polaris machine at Argonne will not be as powerful as the Intel machine, the sources said. Based on Nvidia's A100 chips and AMD's Rome and Milan chips, the Polaris computer will be able to make some exaflop calculations but mostly work at slower speeds.","news_type":1,"symbols_score_info":{"INTC":0.9,"NVDA":0.9,"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831004907,"gmtCreate":1629270202109,"gmtModify":1676529985571,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Buying the dip","listText":"Buying the dip","text":"Buying the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/831004907","repostId":"1146130472","repostType":4,"repost":{"id":"1146130472","kind":"news","pubTimestamp":1629270081,"share":"https://ttm.financial/m/news/1146130472?lang=en_US&edition=fundamental","pubTime":"2021-08-18 15:01","market":"us","language":"en","title":"SoFi Technologies: Why Now Is The Time To Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1146130472","media":"seekingalpha","summary":"Summary\n\nSoFi’s member growth accelerated in Q2’21.\nThe FinTech reiterated its FY 2021 outlook regar","content":"<p><b>Summary</b></p>\n<ul>\n <li>SoFi’s member growth accelerated in Q2’21.</li>\n <li>The FinTech reiterated its FY 2021 outlook regarding revenues and EBITDA.</li>\n <li>With strong growth ahead, shares of SoFi are a buy.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86757d2b7d17b7fe7071210bad77f795\" tg-width=\"1536\" tg-height=\"800\" width=\"100%\" height=\"auto\"><span>ipopba/iStock via Getty Images</span></p>\n<p>SoFi Technologies (SOFI) is growing its platform at a rapid rate and steadily rolling out new financial service products to improve customer monetization. SoFi posted impressive revenue gains Y/Y and the FinTech is set for continual growth. The stock is a buy!</p>\n<p><b>Why SoFi Technologies is a buy</b></p>\n<p>SoFi is a rapidly growing FinTech company whose customer count has really taken off in the last two years. Members - which is SoFi’s term for its customers - have grown from 759,000 in Q2’19 to $2.56M in Q2’21, which is equal to an annual growth rate of 84%. SoFi’s growth accelerated during the pandemic as more people relied on mobile devices to bank and invest. Although the pandemic effects have started to wear off and people returned to work again in Q2’21, the FinTech continued to see strong Q/Q growth in its customer base. SoFi signed on 279,000 new members in the last quarter, which is an increase of 12% Q/Q. If SoFi continues to grow at this rate, the firm should see at least 3M members by the end of the year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c33724614ab4fbd569eec237fd2a815a\" tg-width=\"942\" tg-height=\"489\" width=\"100%\" height=\"auto\"><span>(Source:SoFi)</span></p>\n<p>Besides offering lending and financial services products, SoFi owns a payment processing platform aimed at the enterprise market. The digital payments platform operates under the brand “Galileo” and it has also seen strong continual customer growth. Growth in Galileo accounts moderated slightly in Q2’21, but still grew 119% Y/Y. During the last quarter, Galileo gained 9M new customers and the FinTech had 79M customer on its digital payments platform at the end of the quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38404ade2d4b3fcaee78a14007dd9a3d\" tg-width=\"950\" tg-height=\"482\" width=\"100%\" height=\"auto\"><span>(Source: SoFi)</span></p>\n<p>The strength of SoFi's personal finance platform is that it provides a one-stop banking solution for customers that require more than just one product. A customer that needs student loan refinancing may also need a credit card or purchase a mortgage financing solution from SoFi Technologies. Once a customer is signed on to the platform and part of the ecosystem, SoFi can target the member with customized offers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/034e1b3b74eaed8a52be1cc8f41267c8\" tg-width=\"640\" tg-height=\"339\" width=\"100%\" height=\"auto\"><span>(Source: SoFi)</span></p>\n<p>SoFi does a good job at that. The firm rolled out more tailored products in Q2’21, with strong growth present in the financial services category. The biggest growth opportunity for the FinTech is financial services and the firm is adding new products to improve uptake and customer monetization. Financial services products grew 243% Y/Y to 2.69M and are the driving source behind SoFi’s revenue growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e4c8bf0fdefa78680c4438d445fc765\" tg-width=\"942\" tg-height=\"488\" width=\"100%\" height=\"auto\"><span>(Source: SoFi)</span></p>\n<p>The second-quarter is generally a strong quarter for SoFi. Revenues for the second-quarter were $237M, showing growth of 74% Y/Y. SoFi’s Q2’21 adjusted EBITDA reached $11M which means the personal finance platform has been profitable for four straight quarters. The FinTech’s total adjusted EBITDA over the last twelve months totaled $61M on revenues of $852M.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f31200106422df0d70c25b82af11ff1\" tg-width=\"970\" tg-height=\"517\" width=\"100%\" height=\"auto\"><span>(Source: SoFi)</span></p>\n<p><b>Strong liquidity, low debt</b></p>\n<p>As a FinTech company, SoFi’s main assets are the personal finance and payment processing platforms it owns, and the human capital behind it. SoFi carries $2.3B of financial debt and is flush in cash… with $462M directly available for the firm’s digital growth strategy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b554a55447ea522606eba7f6eebd143c\" tg-width=\"990\" tg-height=\"796\" width=\"100%\" height=\"auto\"><span>(Source:SoFi)</span></p>\n<p><b>Buy, buy, buy</b></p>\n<p>SoFi reiterated its outlook for the rest of the year and continues to project $980M in revenues and $27M in adjusted EBITDA for FY 2021. The personal finance platform also expects to see its first positive EBITDA margin this year. The guidance implies 58% Y/Y growth in revenues with strong momentum continuing in member acquisition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d0dafcf3d0836cabb8799337f8ad0e9\" tg-width=\"935\" tg-height=\"265\" width=\"100%\" height=\"auto\"><span>(Source: SoFi)</span></p>\n<p>Although SoFi reiterated its guidance and the earnings card was showing continual growth along key metrics, shares of SoFi slumped 14% last week...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90ea8e53fe8b4b000a2ea075e7090a76\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>The drop creates another buy-the-drop situation for SoFi since the company is just at the very beginning of its growth. If current growth rates prove to be sustainable, SoFi could have 10M members by FY 2025 and revenues of $3.6B. Revenue estimates imply very strong revenue growth for at least the next four years. Based on expected sales of $1.5B in FY 2022, shares of SoFi trade a P-S ratio of 7.6. In June, shares of SoFi traded at a P-S ratio of 11.0.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4dae716bad752121fa751f283ba614af\" tg-width=\"640\" tg-height=\"186\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p>\n<p><b>Risks with SoFi</b></p>\n<p>FinTech companies can be hard to value because they are growing fast and have small or no profits. Although SoFi is profitable regarding EBITDA, the FinTech continues to post net losses… and it will likely continue to do so for a few more years as it prioritizes member and platform growth.</p>\n<p>Personalized banking is a growth opportunity in the FinTech sector, but not only for SoFi. The pandemic accelerated FinTech adoption and other digital payment companies are making moves to expand their platforms.</p>\n<p>SoFi has no perceptible moat in its platform business which poses a challenge to long term profitability and customer retention. Other banks/FinTechs can easily enter the market and offer similar, better or more differentiated financial services products. Declining member and revenue growth rates are possibly the two most defining risks for SoFi at this point in time, with delayed profitability being only a secondary risk.</p>\n<p><b>Final thoughts</b></p>\n<p>SoFi’s second-quarter was good: Member and revenue figures kept surging and the FinTech continued to roll out new financial services products, the firm’s fastest area of growth. The full year revenue outlook was reiterated, showing that the FinTech is confident in achieving its business goals. The slump after earnings creates another buy-the-drop situation for SoFi as the FinTech gets ready to reach 3M customers by year-end. Buy, buy, buy!</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>SoFi Technologies: Why Now Is The Time To Buy</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\">\nSoFi Technologies: Why Now Is The Time To Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 15:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4450277-sofi-technologies-q2-2021-earnings-why-now-is-the-time-to-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSoFi’s member growth accelerated in Q2’21.\nThe FinTech reiterated its FY 2021 outlook regarding revenues and EBITDA.\nWith strong growth ahead, shares of SoFi are a buy.\n\nipopba/iStock via ...</p>\n\n<a href=\"https://seekingalpha.com/article/4450277-sofi-technologies-q2-2021-earnings-why-now-is-the-time-to-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://seekingalpha.com/article/4450277-sofi-technologies-q2-2021-earnings-why-now-is-the-time-to-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146130472","content_text":"Summary\n\nSoFi’s member growth accelerated in Q2’21.\nThe FinTech reiterated its FY 2021 outlook regarding revenues and EBITDA.\nWith strong growth ahead, shares of SoFi are a buy.\n\nipopba/iStock via Getty Images\nSoFi Technologies (SOFI) is growing its platform at a rapid rate and steadily rolling out new financial service products to improve customer monetization. SoFi posted impressive revenue gains Y/Y and the FinTech is set for continual growth. The stock is a buy!\nWhy SoFi Technologies is a buy\nSoFi is a rapidly growing FinTech company whose customer count has really taken off in the last two years. Members - which is SoFi’s term for its customers - have grown from 759,000 in Q2’19 to $2.56M in Q2’21, which is equal to an annual growth rate of 84%. SoFi’s growth accelerated during the pandemic as more people relied on mobile devices to bank and invest. Although the pandemic effects have started to wear off and people returned to work again in Q2’21, the FinTech continued to see strong Q/Q growth in its customer base. SoFi signed on 279,000 new members in the last quarter, which is an increase of 12% Q/Q. If SoFi continues to grow at this rate, the firm should see at least 3M members by the end of the year.\n(Source:SoFi)\nBesides offering lending and financial services products, SoFi owns a payment processing platform aimed at the enterprise market. The digital payments platform operates under the brand “Galileo” and it has also seen strong continual customer growth. Growth in Galileo accounts moderated slightly in Q2’21, but still grew 119% Y/Y. During the last quarter, Galileo gained 9M new customers and the FinTech had 79M customer on its digital payments platform at the end of the quarter.\n(Source: SoFi)\nThe strength of SoFi's personal finance platform is that it provides a one-stop banking solution for customers that require more than just one product. A customer that needs student loan refinancing may also need a credit card or purchase a mortgage financing solution from SoFi Technologies. Once a customer is signed on to the platform and part of the ecosystem, SoFi can target the member with customized offers.\n(Source: SoFi)\nSoFi does a good job at that. The firm rolled out more tailored products in Q2’21, with strong growth present in the financial services category. The biggest growth opportunity for the FinTech is financial services and the firm is adding new products to improve uptake and customer monetization. Financial services products grew 243% Y/Y to 2.69M and are the driving source behind SoFi’s revenue growth.\n(Source: SoFi)\nThe second-quarter is generally a strong quarter for SoFi. Revenues for the second-quarter were $237M, showing growth of 74% Y/Y. SoFi’s Q2’21 adjusted EBITDA reached $11M which means the personal finance platform has been profitable for four straight quarters. The FinTech’s total adjusted EBITDA over the last twelve months totaled $61M on revenues of $852M.\n(Source: SoFi)\nStrong liquidity, low debt\nAs a FinTech company, SoFi’s main assets are the personal finance and payment processing platforms it owns, and the human capital behind it. SoFi carries $2.3B of financial debt and is flush in cash… with $462M directly available for the firm’s digital growth strategy.\n(Source:SoFi)\nBuy, buy, buy\nSoFi reiterated its outlook for the rest of the year and continues to project $980M in revenues and $27M in adjusted EBITDA for FY 2021. The personal finance platform also expects to see its first positive EBITDA margin this year. The guidance implies 58% Y/Y growth in revenues with strong momentum continuing in member acquisition.\n(Source: SoFi)\nAlthough SoFi reiterated its guidance and the earnings card was showing continual growth along key metrics, shares of SoFi slumped 14% last week...\nData by YCharts\nThe drop creates another buy-the-drop situation for SoFi since the company is just at the very beginning of its growth. If current growth rates prove to be sustainable, SoFi could have 10M members by FY 2025 and revenues of $3.6B. Revenue estimates imply very strong revenue growth for at least the next four years. Based on expected sales of $1.5B in FY 2022, shares of SoFi trade a P-S ratio of 7.6. In June, shares of SoFi traded at a P-S ratio of 11.0.\n(Source: Seeking Alpha)\nRisks with SoFi\nFinTech companies can be hard to value because they are growing fast and have small or no profits. Although SoFi is profitable regarding EBITDA, the FinTech continues to post net losses… and it will likely continue to do so for a few more years as it prioritizes member and platform growth.\nPersonalized banking is a growth opportunity in the FinTech sector, but not only for SoFi. The pandemic accelerated FinTech adoption and other digital payment companies are making moves to expand their platforms.\nSoFi has no perceptible moat in its platform business which poses a challenge to long term profitability and customer retention. Other banks/FinTechs can easily enter the market and offer similar, better or more differentiated financial services products. Declining member and revenue growth rates are possibly the two most defining risks for SoFi at this point in time, with delayed profitability being only a secondary risk.\nFinal thoughts\nSoFi’s second-quarter was good: Member and revenue figures kept surging and the FinTech continued to roll out new financial services products, the firm’s fastest area of growth. The full year revenue outlook was reiterated, showing that the FinTech is confident in achieving its business goals. The slump after earnings creates another buy-the-drop situation for SoFi as the FinTech gets ready to reach 3M customers by year-end. Buy, buy, buy!","news_type":1,"symbols_score_info":{"SOFI":0.9}},"isVote":1,"tweetType":1,"viewCount":708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810117644,"gmtCreate":1629951886888,"gmtModify":1676530182507,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Dolla dolla","listText":"Dolla dolla","text":"Dolla dolla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810117644","repostId":"1101434650","repostType":4,"repost":{"id":"1101434650","kind":"news","pubTimestamp":1629949408,"share":"https://ttm.financial/m/news/1101434650?lang=en_US&edition=fundamental","pubTime":"2021-08-26 11:43","market":"us","language":"en","title":"The 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why","url":"https://stock-news.laohu8.com/highlight/detail?id=1101434650","media":"MoneyWise","summary":"Gather ‘round, everybody! Two super investors are fighting!\nWhile it may lack the melodrama of the K","content":"<p>Gather ‘round, everybody! Two super investors are fighting!</p>\n<p>While it may lack the melodrama of the Kim and Kanye split, the public spat between Michael Burry, the hedge fund manager who famously bet against the country’s housing market and won, and Cathie Wood, the&nbsp;celebrated head of Ark Invest, adds to an important discussion taking place&nbsp;in the investment space.</p>\n<p>Burry, skeptical of its valuation, is currently shorting Ark Invest’s flagship technology exchange-traded fund, Ark Innovation ETF (ARKK). Wood has countered by accusing Burry of not understanding growth in today’s environment.</p>\n<p>Wood and Burry have repeatedly proven that they know what they’re talking about. But in this case, they can’t both be right.</p>\n<h3>Why Burry is shorting ARKK</h3>\n<p>Michael Burry’s introduction to most of America came in the form of the movie* The Big Short*, which detailed his uncovering of the fraud at the heart of America’s subprime mortgage madness of the mid-2000s. (Burry was played by Christian Bale.)</p>\n<p>By shorting the U.S. housing market, the collapse of which he felt was inevitable, Burry generated a reported $700 million for investors and pocketed about $100 million for himself.</p>\n<p>Burry’s issue with ARRK is the seemingly unsustainable growth expectations being priced into its valuation.</p>\n<p>In a since-deleted tweet from February, Burry compared Wood and ARKK to investor Gary Pilgrim and his PBHG Growth Fund, which soared in the mid-1990s by backing innovative technologies, much like ARKK does.</p>\n<p>After the brief explosion in value tech stocks enjoyed in 1999, PBHG Growth fell by 34% in 2001 and another 30% in 2002.</p>\n<p>Could ARKK be following the same path? After increasing by an eye-popping 153% in 2020 on the back of investments in companies like Tesla, Zoom and Shopify, ARKK has produced negative returns this year.</p>\n<p>The fund is down 4% year to date and has fallen almost 25% since peaking at $156.58 in February. And yet, the fund has drawn in another $6.5 billion in assets this year, according to ETF Stream.</p>\n<p>\"If you know your history, there is a pattern here that can help you,” Burry, who is also shorting Tesla stock, tweeted. “If you don't, you're doomed to repeat it.\"</p>\n<h3>The case for ARKK</h3>\n<p>Wood politely dismisses Burry's skepticism.</p>\n<p>“To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market,” wrote Wood in an&nbsp;August 17 tweet. “I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.”</p>\n<p>Wood went on to tout her belief that the technologies ARK believes and invests in “should transform the world” in the next decade.</p>\n<p>“If we are correct, GDP and revenue growth will diminish until the opportunities in nascent technologies begin to move macro needles. In this environment, innovation based strategies should distinguish themselves.”</p>\n<p>There’s a good chance Wood will inevitably be proven right. But at their current levels, do the sectors and companies she and ARKK are backing have substantial room to run?</p>\n<p><i>Shark Tank</i>&nbsp;host and Dallas Mavericks owner Mark Cuban believes they do. After Burry’s short position in the ARKK fund was made public, Cuban came out in support of ARKK’s investment strategy, particularly its healthy exposure to the artificial intelligence space.</p>\n<p>\"There are 2 kinds of companies in the world: Those who originate their own AI successfully, and everyone else,\" Cuban&nbsp;tweeted. \"The top companies are AI dominate [sic] and running away from their Non-AI competitors. AI's competitive advantage is exponential, but nowhere to be seen on a Balance Sheet.\"</p>\n<h3>The lesson for investors</h3>\n<p>While Cathie Wood and Michael Burry have different opinions on the future of the ARKK ETF, they both approach the question of the fund’s value the same way: through careful, exhaustive research.</p>\n<p>Burry’s analysis might be more backward-looking and Wood’s more speculative, but they’re both weighing the available evidence and making informed decisions — exactly what&nbsp;successful investors&nbsp;would be expected to do.</p>\n<p>Whether you’re investing for short-term growth or long-term stability, it’s important not to rush out and throw your money around until you’re sufficiently educated about the sectors you hope to round out your portfolio with.</p>","source":"lsy1612507957220","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>The 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why</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\">\nThe 'Big Short' guy and star stock picker Cathie Wood are feuding — here's why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ark-innovation-etf-sell-big-210000360.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gather ‘round, everybody! Two super investors are fighting!\nWhile it may lack the melodrama of the Kim and Kanye split, the public spat between Michael Burry, the hedge fund manager who famously bet ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ark-innovation-etf-sell-big-210000360.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PBHG":"PBS Holding, Inc."},"source_url":"https://finance.yahoo.com/news/ark-innovation-etf-sell-big-210000360.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101434650","content_text":"Gather ‘round, everybody! Two super investors are fighting!\nWhile it may lack the melodrama of the Kim and Kanye split, the public spat between Michael Burry, the hedge fund manager who famously bet against the country’s housing market and won, and Cathie Wood, the celebrated head of Ark Invest, adds to an important discussion taking place in the investment space.\nBurry, skeptical of its valuation, is currently shorting Ark Invest’s flagship technology exchange-traded fund, Ark Innovation ETF (ARKK). Wood has countered by accusing Burry of not understanding growth in today’s environment.\nWood and Burry have repeatedly proven that they know what they’re talking about. But in this case, they can’t both be right.\nWhy Burry is shorting ARKK\nMichael Burry’s introduction to most of America came in the form of the movie* The Big Short*, which detailed his uncovering of the fraud at the heart of America’s subprime mortgage madness of the mid-2000s. (Burry was played by Christian Bale.)\nBy shorting the U.S. housing market, the collapse of which he felt was inevitable, Burry generated a reported $700 million for investors and pocketed about $100 million for himself.\nBurry’s issue with ARRK is the seemingly unsustainable growth expectations being priced into its valuation.\nIn a since-deleted tweet from February, Burry compared Wood and ARKK to investor Gary Pilgrim and his PBHG Growth Fund, which soared in the mid-1990s by backing innovative technologies, much like ARKK does.\nAfter the brief explosion in value tech stocks enjoyed in 1999, PBHG Growth fell by 34% in 2001 and another 30% in 2002.\nCould ARKK be following the same path? After increasing by an eye-popping 153% in 2020 on the back of investments in companies like Tesla, Zoom and Shopify, ARKK has produced negative returns this year.\nThe fund is down 4% year to date and has fallen almost 25% since peaking at $156.58 in February. And yet, the fund has drawn in another $6.5 billion in assets this year, according to ETF Stream.\n\"If you know your history, there is a pattern here that can help you,” Burry, who is also shorting Tesla stock, tweeted. “If you don't, you're doomed to repeat it.\"\nThe case for ARKK\nWood politely dismisses Burry's skepticism.\n“To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market,” wrote Wood in an August 17 tweet. “I do not believe that he understands the fundamentals that are creating explosive growth and investment opportunities in the innovation space.”\nWood went on to tout her belief that the technologies ARK believes and invests in “should transform the world” in the next decade.\n“If we are correct, GDP and revenue growth will diminish until the opportunities in nascent technologies begin to move macro needles. In this environment, innovation based strategies should distinguish themselves.”\nThere’s a good chance Wood will inevitably be proven right. But at their current levels, do the sectors and companies she and ARKK are backing have substantial room to run?\nShark Tank host and Dallas Mavericks owner Mark Cuban believes they do. After Burry’s short position in the ARKK fund was made public, Cuban came out in support of ARKK’s investment strategy, particularly its healthy exposure to the artificial intelligence space.\n\"There are 2 kinds of companies in the world: Those who originate their own AI successfully, and everyone else,\" Cuban tweeted. \"The top companies are AI dominate [sic] and running away from their Non-AI competitors. AI's competitive advantage is exponential, but nowhere to be seen on a Balance Sheet.\"\nThe lesson for investors\nWhile Cathie Wood and Michael Burry have different opinions on the future of the ARKK ETF, they both approach the question of the fund’s value the same way: through careful, exhaustive research.\nBurry’s analysis might be more backward-looking and Wood’s more speculative, but they’re both weighing the available evidence and making informed decisions — exactly what successful investors would be expected to do.\nWhether you’re investing for short-term growth or long-term stability, it’s important not to rush out and throw your money around until you’re sufficiently educated about the sectors you hope to round out your portfolio with.","news_type":1,"symbols_score_info":{"PBHG":0.9}},"isVote":1,"tweetType":1,"viewCount":1873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831004442,"gmtCreate":1629270243586,"gmtModify":1676529985608,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Gotta be prepared&nbsp;","listText":"Gotta be prepared&nbsp;","text":"Gotta be prepared","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/831004442","repostId":"1119160710","repostType":4,"repost":{"id":"1119160710","kind":"news","pubTimestamp":1629269542,"share":"https://ttm.financial/m/news/1119160710?lang=en_US&edition=fundamental","pubTime":"2021-08-18 14:52","market":"us","language":"en","title":"6 Positive Market Months In A Row... What Happens Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1119160710","media":"zerohedge","summary":"In this past weekend’s newsletter, I discussed the rarity of 6-positive market months in a row. To w","content":"<p>In this past weekend’s newsletter, I discussed the rarity of&nbsp;<b><i>6-positive market months</i></b>&nbsp;in a row. To wit:</p>\n<blockquote>\n <i>“An additional ‘red flag’ is the S&amp;P 500 has had positive returns for 6-straight months.&nbsp;</i> \n <i><b>As shown in the 10-year monthly chart below, such streaks are a rarity, and when they do occur, they are usually met by a month, or more, of negative returns.</b></i> \n <i>“</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/acbb168618e329e81890ddb60b0ac278\" tg-width=\"991\" tg-height=\"521\" referrerpolicy=\"no-referrer\"><i>(It is also worth noting that when the 12-Month RSI is this overbought, larger corrective processes have occurred.)</i></p>\n<p>As stated, I only went back 10-years in the chart above. Such generated several email questions asking about the number of historical occurrences over the long term.</p>\n<p><b>6-Positive Market Months – Long Term</b></p>\n<p>Using Dr. Robert Shiller’s long-term nominal stock market data, I calculated monthly positive returns and then highlighted periods of 6-positive market months or more.</p>\n<p><img src=\"https://static.tigerbbs.com/38d632f054d0a5668489fe697ab20924\" tg-width=\"968\" tg-height=\"589\" referrerpolicy=\"no-referrer\">There are several important takeaways from the chart above.</p>\n<ol>\n <li><b>All periods of consecutive performance eventually end.</b><i>(While such seems obvious, it is something investors tend to forget about during long bullish stretches.)</i></li>\n <li><i>Given the extremely long-period of market history,&nbsp;</i><i><b>such long-stretches of bullish performance are somewhat rare.</b></i></li>\n <li><i>Such periods of performance often, but not always,&nbsp;</i><i><b>precede fairly decent market corrections or bear markets.</b></i></li>\n</ol>\n<p>The table below shows all periods where there were 2-months or more of consecutive positive returns.</p>\n<p><img src=\"https://static.tigerbbs.com/30818e20d84915a59e21dcb051181793\" tg-width=\"760\" tg-height=\"369\" referrerpolicy=\"no-referrer\">What the table shows is that nearly 40% of the time, a two-month stretch of positive performance is followed by at least one month of negative performance. Three consecutive positive months occur 23% of the time, and only 14% of occurrences stretch to 4-months.</p>\n<p><b>Since 1871, there have only been 12 occurrences of 6-month or greater stretches of positive returns before a negative month appeared.</b>In total there are just 40 occurrences, out of 245 periods of 2-months or more, the market ran 6-months or longer without a correction.</p>\n<p>However, in every period, the run ended in at least a negative return month, but the vast majority ended with much deeper corrections.</p>\n<p><b><u>This Time Is Different</u></b></p>\n<p>At the current time, there is no concern about&nbsp;<i>“risk”</i>&nbsp;in the financial markets as the&nbsp;<i>“bullish bias”</i>&nbsp;remains unfettered. With the Fed still applying $120 billion a month in liquidity, investors learned the meaning of&nbsp;<i>“the beatings will continue until morale improves.”</i></p>\n<p>It is certainly possible the market advance can continue unabated into one of the historically lengthier stretches. The only question is when will it end, and how big of a correction will it be?</p>\n<p><b>What will cause the correction is unknown?</b>The reason is that if the market becomes aware of an issue, participants&nbsp;<i>“price”</i>that&nbsp;<i>“risk”</i>&nbsp;into markets. Such is why, particularly when investors are aggressively positioned in the market when an unexpected, exogenous, event occurs prices decline rapidly as&nbsp;<i>“risk”</i>&nbsp;gets reduced.</p>\n<p>Such is why the market was holding up fairly well in the face of the “Pandemic” in February of 2020. However, what market participants were not prepared for, the “exogenous” event, was the complete&nbsp;<i>“shutdown”</i>&nbsp;of the economy.</p>\n<p>So, whatever event causes a rush of investors to the “exits,” is not something we are currently discussing or worried about in the financial media.</p>\n<p><u><b>Size Of The Correction</b></u></p>\n<p><b>The magnitude of the correction is an easier question to answer.</b></p>\n<p>Currently, the market is extremely deviated above its 2-year (24-month) moving average. Such extreme deviations are a historical rarity and have often resulted in corrections of 20% or more.</p>\n<p><img src=\"https://static.tigerbbs.com/ef44d95d728249aa5724bf499da25ec3\" tg-width=\"967\" tg-height=\"604\" referrerpolicy=\"no-referrer\">As we showed in&nbsp;<i><b>“Past Performance Is No Guarantee,”</b></i></p>\n<blockquote>\n <i>“This is also where investors should be paying attention to the ‘risk’ they are taking on. As shown, there are few points in history where the index, monthly, is this extended, deviated, and bullish.”</i>\n</blockquote>\n<p>There have only been 6-previous points in history where markets were simultaneously this extended, bullish, and overbought. Each of those periods marked more historical performance peaks – 1929, 1937, 1946, 1957, 1987, 1999.</p>\n<p>Importantly, the 72-month moving average has acted as long-term running support for the market going back to 1925. Violations of that moving average are rare and only occur during&nbsp;<i>“mean-reverting”</i>&nbsp;bear markets.&nbsp;<b>Currently, a correction to the 72-month moving average would require a 36.5% decline.</b></p>\n<p><img src=\"https://static.tigerbbs.com/84ad29e35e9c52c09e6214c012a264a1\" tg-width=\"990\" tg-height=\"438\" referrerpolicy=\"no-referrer\">Currently, such a correction seems unlikely given the current&nbsp;<i>“bullish sentiment.”</i>&nbsp;However, the same sentiment abounded in February 2020 just before the market tested that support.</p>\n<p>Given the massive deviations from long-term means, our suspicion is that at some point we will likely again test that support in the future.</p>\n<p><b><u>Into The Belly Of The Beast</u></b></p>\n<p>The market is currently priced for perfection. Investors continue to disregard warnings of slowing economic growth on hopes that monetary interventions will continue indefinitely. While such could indeed be the case, that does not preclude the market from having a correction or worse.</p>\n<p>Interest rates continue to decline sharply suggesting that economic growth is weakening rapidly. Such will lead to earnings disappointment in the months ahead at a time when valuations remain excessive on many levels.</p>\n<p>August and September historically sport weak performance for the market for a variety of reasons. However, given 6-positive market months already, the risk of a correction has risen markedly.</p>\n<p><img src=\"https://static.tigerbbs.com/f0ceb1f048ad067fd6355ec65f90b970\" tg-width=\"900\" tg-height=\"490\" referrerpolicy=\"no-referrer\"><b>The first year of a new-President also sports weak performance during the August-September period.</b>With the “debt ceiling” approaching, the Fed potentially discussing<i>“tapering”</i>&nbsp;asset purchases, and the potential for disappointment in economic reports, there are plenty of things to<i>“spook”</i>&nbsp;markets.</p>\n<p><img src=\"https://static.tigerbbs.com/ac42db5f35b7be8f0da998b203791bee\" tg-width=\"899\" tg-height=\"617\" referrerpolicy=\"no-referrer\">The point is simply that the&nbsp;<i>“risk”</i>&nbsp;of a correction is now elevated.</p>\n<p><u><b>What This Means And Doesn’t Mean</b></u></p>\n<p>Let me repeat the following just so there is no confusion.</p>\n<blockquote>\n <i><b>“What this analysis DOES NOT mean is that you should ‘sell everything’ and ‘hide in cash.’”</b></i>\n</blockquote>\n<p>As always, long-term portfolio management is about managing&nbsp;<i>“risk”</i>&nbsp;by&nbsp;<i>“tweaking”</i>&nbsp;things over time.</p>\n<p>If you have a&nbsp;<i>“so so”</i>&nbsp;hand at a poker table, you bet less or fold.</p>\n<p>It doesn’t mean you get up and leave the table altogether.</p>\n<p><b>What this analysis does suppest is that we should use rallies to rebalance portfolios.</b></p>\n<ol>\n <li><p><b><i>Trim Winning Positions</i></b><i>&nbsp;back to their original portfolio weightings. (ie. Take profits)</i></p></li>\n <li><p><b><i>Sell Those Positions That Aren’t Working.</i></b><i>If they don’t rally with the market during a bounce, they will decline more when the market sells off again.</i></p></li>\n <li><p><b><i>Move Trailing Stop Losses Up</i></b><i>&nbsp;to new levels.</i></p></li>\n <li><p><b><i>Review Your Portfolio Allocation Relative To Your Risk Tolerance.</i></b><i>&nbsp;If you have an aggressive allocation to equities at this point of the market cycle, you may want to try and recall how you felt during 2008. Raise cash levels and increase fixed income accordingly to reduce relative market exposure.</i></p></li>\n</ol>\n<p><b>Could I be wrong?</b>&nbsp;Absolutely.</p>\n<p>But what if the indicators are warning us of something more significant?</p>\n<p>What’s worse:</p>\n<ol>\n <li><p><i>Missing out temporarily on the initial stages of a longer-term advance, or;</i></p></li>\n <li><p><i>Spending time getting back to even, which is not the same as making money.</i></p></li>\n</ol>\n<p>As I noted recently in our blog on<b><i>&nbsp;trading rules:</i></b></p>\n<blockquote>\n <i>“</i> \n <b><i>Opportunities are made up far easier than lost capital.”</i></b> \n <b>&nbsp;–</b> \n <i>Todd Harrison</i>\n</blockquote>","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>6 Positive Market Months In A Row... What Happens Next?</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\">\n6 Positive Market Months In A Row... What Happens Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 14:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/6-positive-market-months-row-what-happens-next><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this past weekend’s newsletter, I discussed the rarity of 6-positive market months in a row. To wit:\n\n“An additional ‘red flag’ is the S&P 500 has had positive returns for 6-straight months. \nAs ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/6-positive-market-months-row-what-happens-next\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/6-positive-market-months-row-what-happens-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119160710","content_text":"In this past weekend’s newsletter, I discussed the rarity of 6-positive market months in a row. To wit:\n\n“An additional ‘red flag’ is the S&P 500 has had positive returns for 6-straight months. \nAs shown in the 10-year monthly chart below, such streaks are a rarity, and when they do occur, they are usually met by a month, or more, of negative returns.\n“\n\n(It is also worth noting that when the 12-Month RSI is this overbought, larger corrective processes have occurred.)\nAs stated, I only went back 10-years in the chart above. Such generated several email questions asking about the number of historical occurrences over the long term.\n6-Positive Market Months – Long Term\nUsing Dr. Robert Shiller’s long-term nominal stock market data, I calculated monthly positive returns and then highlighted periods of 6-positive market months or more.\nThere are several important takeaways from the chart above.\n\nAll periods of consecutive performance eventually end.(While such seems obvious, it is something investors tend to forget about during long bullish stretches.)\nGiven the extremely long-period of market history, such long-stretches of bullish performance are somewhat rare.\nSuch periods of performance often, but not always, precede fairly decent market corrections or bear markets.\n\nThe table below shows all periods where there were 2-months or more of consecutive positive returns.\nWhat the table shows is that nearly 40% of the time, a two-month stretch of positive performance is followed by at least one month of negative performance. Three consecutive positive months occur 23% of the time, and only 14% of occurrences stretch to 4-months.\nSince 1871, there have only been 12 occurrences of 6-month or greater stretches of positive returns before a negative month appeared.In total there are just 40 occurrences, out of 245 periods of 2-months or more, the market ran 6-months or longer without a correction.\nHowever, in every period, the run ended in at least a negative return month, but the vast majority ended with much deeper corrections.\nThis Time Is Different\nAt the current time, there is no concern about “risk” in the financial markets as the “bullish bias” remains unfettered. With the Fed still applying $120 billion a month in liquidity, investors learned the meaning of “the beatings will continue until morale improves.”\nIt is certainly possible the market advance can continue unabated into one of the historically lengthier stretches. The only question is when will it end, and how big of a correction will it be?\nWhat will cause the correction is unknown?The reason is that if the market becomes aware of an issue, participants “price”that “risk” into markets. Such is why, particularly when investors are aggressively positioned in the market when an unexpected, exogenous, event occurs prices decline rapidly as “risk” gets reduced.\nSuch is why the market was holding up fairly well in the face of the “Pandemic” in February of 2020. However, what market participants were not prepared for, the “exogenous” event, was the complete “shutdown” of the economy.\nSo, whatever event causes a rush of investors to the “exits,” is not something we are currently discussing or worried about in the financial media.\nSize Of The Correction\nThe magnitude of the correction is an easier question to answer.\nCurrently, the market is extremely deviated above its 2-year (24-month) moving average. Such extreme deviations are a historical rarity and have often resulted in corrections of 20% or more.\nAs we showed in “Past Performance Is No Guarantee,”\n\n“This is also where investors should be paying attention to the ‘risk’ they are taking on. As shown, there are few points in history where the index, monthly, is this extended, deviated, and bullish.”\n\nThere have only been 6-previous points in history where markets were simultaneously this extended, bullish, and overbought. Each of those periods marked more historical performance peaks – 1929, 1937, 1946, 1957, 1987, 1999.\nImportantly, the 72-month moving average has acted as long-term running support for the market going back to 1925. Violations of that moving average are rare and only occur during “mean-reverting” bear markets. Currently, a correction to the 72-month moving average would require a 36.5% decline.\nCurrently, such a correction seems unlikely given the current “bullish sentiment.” However, the same sentiment abounded in February 2020 just before the market tested that support.\nGiven the massive deviations from long-term means, our suspicion is that at some point we will likely again test that support in the future.\nInto The Belly Of The Beast\nThe market is currently priced for perfection. Investors continue to disregard warnings of slowing economic growth on hopes that monetary interventions will continue indefinitely. While such could indeed be the case, that does not preclude the market from having a correction or worse.\nInterest rates continue to decline sharply suggesting that economic growth is weakening rapidly. Such will lead to earnings disappointment in the months ahead at a time when valuations remain excessive on many levels.\nAugust and September historically sport weak performance for the market for a variety of reasons. However, given 6-positive market months already, the risk of a correction has risen markedly.\nThe first year of a new-President also sports weak performance during the August-September period.With the “debt ceiling” approaching, the Fed potentially discussing“tapering” asset purchases, and the potential for disappointment in economic reports, there are plenty of things to“spook” markets.\nThe point is simply that the “risk” of a correction is now elevated.\nWhat This Means And Doesn’t Mean\nLet me repeat the following just so there is no confusion.\n\n“What this analysis DOES NOT mean is that you should ‘sell everything’ and ‘hide in cash.’”\n\nAs always, long-term portfolio management is about managing “risk” by “tweaking” things over time.\nIf you have a “so so” hand at a poker table, you bet less or fold.\nIt doesn’t mean you get up and leave the table altogether.\nWhat this analysis does suppest is that we should use rallies to rebalance portfolios.\n\nTrim Winning Positions back to their original portfolio weightings. (ie. Take profits)\nSell Those Positions That Aren’t Working.If they don’t rally with the market during a bounce, they will decline more when the market sells off again.\nMove Trailing Stop Losses Up to new levels.\nReview Your Portfolio Allocation Relative To Your Risk Tolerance. If you have an aggressive allocation to equities at this point of the market cycle, you may want to try and recall how you felt during 2008. Raise cash levels and increase fixed income accordingly to reduce relative market exposure.\n\nCould I be wrong? Absolutely.\nBut what if the indicators are warning us of something more significant?\nWhat’s worse:\n\nMissing out temporarily on the initial stages of a longer-term advance, or;\nSpending time getting back to even, which is not the same as making money.\n\nAs I noted recently in our blog on trading rules:\n\n“\nOpportunities are made up far easier than lost capital.”\n –\nTodd Harrison","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809659012,"gmtCreate":1627367787736,"gmtModify":1703488498353,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Bad news&nbsp;","listText":"Bad news&nbsp;","text":"Bad news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809659012","repostId":"2154993011","repostType":4,"repost":{"id":"2154993011","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":1627366206,"share":"https://ttm.financial/m/news/2154993011?lang=en_US&edition=fundamental","pubTime":"2021-07-27 14:10","market":"hk","language":"en","title":"HK-listed Tencent sinks to 13-month low; Nomura trims TP","url":"https://stock-news.laohu8.com/highlight/detail?id=2154993011","media":"Reuters","summary":"** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020\n** Stock ","content":"<p>** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020</p>\n<p>** Stock extends losses for a third consecutive session</p>\n<p>** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index</p>\n<p>** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations</p>\n<p>** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.</p>\n<p>** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%</p>\n<p>** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%</p>\n<p>** By last close, stock down 13.1% this year</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>HK-listed Tencent sinks to 13-month low; Nomura trims TP</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\">\nHK-listed Tencent sinks to 13-month low; Nomura trims TP\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\">2021-07-27 14:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020</p>\n<p>** Stock extends losses for a third consecutive session</p>\n<p>** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index</p>\n<p>** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations</p>\n<p>** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.</p>\n<p>** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%</p>\n<p>** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%</p>\n<p>** By last close, stock down 13.1% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","QNETCN":"纳斯达克中美互联网老虎指数","TME":"腾讯音乐","TCEHY":"腾讯控股ADR","NMR":"野村控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154993011","content_text":"** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020\n** Stock extends losses for a third consecutive session\n** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index\n** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations\n** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.\n** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp\n** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%\n** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%\n** By last close, stock down 13.1% this year","news_type":1,"symbols_score_info":{"QNETCN":0.9,"NMR":0.9,"TCEHY":0.9,"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":553,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4089777453696550","idStr":"4089777453696550"},"content":"a good opportunity to buy","text":"a good opportunity to buy","html":"a good opportunity to buy"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819638086,"gmtCreate":1630062922845,"gmtModify":1676530214030,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Lmao usa","listText":"Lmao usa","text":"Lmao usa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819638086","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":2052,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896946787,"gmtCreate":1628553558349,"gmtModify":1703507916951,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Let's gooooooo amc","listText":"Let's gooooooo amc","text":"Let's gooooooo amc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896946787","repostId":"1196813173","repostType":4,"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810117997,"gmtCreate":1629951844219,"gmtModify":1676530182499,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Likelike","listText":"Likelike","text":"Likelike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810117997","repostId":"1197778368","repostType":4,"isVote":1,"tweetType":1,"viewCount":2704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808316147,"gmtCreate":1627556488289,"gmtModify":1703492305230,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Like4like","listText":"Like4like","text":"Like4like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808316147","repostId":"2155990524","repostType":4,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809650239,"gmtCreate":1627367741621,"gmtModify":1703488497544,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Unfortunate&nbsp;","listText":"Unfortunate&nbsp;","text":"Unfortunate","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809650239","repostId":"1104634027","repostType":4,"isVote":1,"tweetType":1,"viewCount":894,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819631508,"gmtCreate":1630062901604,"gmtModify":1676530214030,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[{"img":"https://static.tigerbbs.com/c74accd9532b94dd8eb2751ac61e706e","width":"720","height":"1477"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819631508","isVote":1,"tweetType":1,"viewCount":2051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":837366428,"gmtCreate":1629857898464,"gmtModify":1676530153884,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Might be time to buy?","listText":"Might be time to buy?","text":"Might be time to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837366428","repostId":"2162303316","repostType":4,"repost":{"id":"2162303316","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":1629856294,"share":"https://ttm.financial/m/news/2162303316?lang=en_US&edition=fundamental","pubTime":"2021-08-25 09:51","market":"hk","language":"en","title":"Hong Kong-listed JD Health jumps to two weeks high after strong results","url":"https://stock-news.laohu8.com/highlight/detail?id=2162303316","media":"Reuters","summary":"** Shares of Chinese internet healthcare provider jump 8.8% to HK$79.95, the highest since Aug. 12, ","content":"<p>** Shares of Chinese internet healthcare provider&nbsp;jump 8.8% to HK$79.95, the highest since Aug. 12, on course for the third straight session of gains</p>\n<p>** Stock is biggest pct gainer on Hang Seng China Enterprises Index&nbsp;and second biggest gainer on Hang Seng Tech Index</p>\n<p>** Hong Kong-listed subsidiary of JD.com Inc says its first-half revenue rose 55.4% from a year ago period to 13.64 bln yuan ($2.1 bln) with net loss narrowing to 454.2 mln yuan from 5.36 bln yuan loss</p>\n<p>** Brokerage Daiwa says H1 results showed another strong beat in traffic ad revenue growth</p>\n<p>** Hong Kong shares of JD.com jump as much as 7.9% to HK$302, the highest since July 2</p>\n<p>** The Hang Seng Tech Index jumps 2.2% and the healthcare index rises 1.5%</p>\n<p>** The Hang Seng China Enterprises Index gains 0.9%, and the benchmark index climbs 0.6%</p>\n<p>** As of last close, stock of JD Health dropped 51% YTD</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>Hong Kong-listed JD Health jumps to two weeks high after strong results</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.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\">\nHong Kong-listed JD Health jumps to two weeks high after strong results\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 09:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Chinese internet healthcare provider&nbsp;jump 8.8% to HK$79.95, the highest since Aug. 12, on course for the third straight session of gains</p>\n<p>** Stock is biggest pct gainer on Hang Seng China Enterprises Index&nbsp;and second biggest gainer on Hang Seng Tech Index</p>\n<p>** Hong Kong-listed subsidiary of JD.com Inc says its first-half revenue rose 55.4% from a year ago period to 13.64 bln yuan ($2.1 bln) with net loss narrowing to 454.2 mln yuan from 5.36 bln yuan loss</p>\n<p>** Brokerage Daiwa says H1 results showed another strong beat in traffic ad revenue growth</p>\n<p>** Hong Kong shares of JD.com jump as much as 7.9% to HK$302, the highest since July 2</p>\n<p>** The Hang Seng Tech Index jumps 2.2% and the healthcare index rises 1.5%</p>\n<p>** The Hang Seng China Enterprises Index gains 0.9%, and the benchmark index climbs 0.6%</p>\n<p>** As of last close, stock of JD Health dropped 51% YTD</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","QNETCN":"纳斯达克中美互联网老虎指数","JD":"京东","06618":"京东健康"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162303316","content_text":"** Shares of Chinese internet healthcare provider jump 8.8% to HK$79.95, the highest since Aug. 12, on course for the third straight session of gains\n** Stock is biggest pct gainer on Hang Seng China Enterprises Index and second biggest gainer on Hang Seng Tech Index\n** Hong Kong-listed subsidiary of JD.com Inc says its first-half revenue rose 55.4% from a year ago period to 13.64 bln yuan ($2.1 bln) with net loss narrowing to 454.2 mln yuan from 5.36 bln yuan loss\n** Brokerage Daiwa says H1 results showed another strong beat in traffic ad revenue growth\n** Hong Kong shares of JD.com jump as much as 7.9% to HK$302, the highest since July 2\n** The Hang Seng Tech Index jumps 2.2% and the healthcare index rises 1.5%\n** The Hang Seng China Enterprises Index gains 0.9%, and the benchmark index climbs 0.6%\n** As of last close, stock of JD Health dropped 51% YTD","news_type":1,"symbols_score_info":{"QNETCN":0.9,"JD":0.9,"06618":0.9,"09618":0.9}},"isVote":1,"tweetType":1,"viewCount":834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837366125,"gmtCreate":1629857878067,"gmtModify":1676530153875,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837366125","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",".DJI":"道琼斯","IVV":"标普500ETF-iShares","SPY":"标普500ETF","SSO":"2倍做多标普500ETF-ProShares",".SPX":"S&P 500 Index","SDS":"两倍做空标普500 ETF-ProShares","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares","OEX":"标普100",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF-ProShares"},"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,".SPX":0.9,"IVV":0.9,".DJI":0.9,"OEF":0.9,"ESmain":0.9,"SPXU":0.9,"UPRO":0.9,"SSO":0.9,"SH":0.9,".IXIC":0.9,"OEX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808318047,"gmtCreate":1627556395989,"gmtModify":1703492302971,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Let's goooooo","listText":"Let's goooooo","text":"Let's goooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808318047","repostId":"1165497040","repostType":4,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810185769,"gmtCreate":1629952486951,"gmtModify":1676530182715,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"Looking good","listText":"Looking good","text":"Looking good","images":[{"img":"https://static.tigerbbs.com/f3676dee8d2708d3351502a934121cba","width":"720","height":"1535"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810185769","isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":837361575,"gmtCreate":1629857768997,"gmtModify":1676530153834,"author":{"id":"4090293128868610","authorId":"4090293128868610","name":"BennyB","avatar":"https://static.tigerbbs.com/e0437be526d49a07c745e3c48494e846","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090293128868610","idStr":"4090293128868610"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>to the mo0o0o0o0on","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>to the mo0o0o0o0on","text":"$AMC Entertainment(AMC)$to the mo0o0o0o0on","images":[{"img":"https://static.tigerbbs.com/e6a6a947019364131765821cd582c680","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/837361575","isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}