To The Moon
Home
News
TigerAI
Log In
Sign Up
cenziwei
+Follow
Posts · 67
Posts · 67
Following · 0
Following · 0
Followers · 0
Followers · 0
cenziwei
cenziwei
·
2022-05-24
Good
Sorry, this post has been deleted
看
3.01K
回复
Comment
点赞
4
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-07-15
Good
Sorry, this post has been deleted
看
1.83K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-06-21
I trust in Cathie wood
Sorry, this post has been deleted
看
2.13K
回复
Comment
点赞
3
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-06-10
Can buy coin?
看
2.53K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-05-28
Buy arkk
看
2.05K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-05-27
Ignore the noise.
Three major factors indicate that the "water reverse period" of technology stocks is still not over
随着市场对通胀的担忧有所消化,纳斯达克指数自5月19日以来反弹。但分析师表示,未来价格的波动因素、科技股当前估值及资金流向均表明,当前美股科技公司的回调尚未结束。 4月29日,纳斯达克综合指数触及14
Three major factors indicate that the "water reverse period" of technology stocks is still not over
看
1.72K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-05-27
My top holding is Tesla. Not going to sell it in the next five years. People misunderstand the potential of the company
[Change] The new car-making force "returns of the king"! Li Auto rose more than 13%
5月26日,造车新势力“王者归来”,$理想汽车(LI)$涨超13%,$小鹏汽车(XPEV)$涨超7%,$蔚来(NIO)$涨超3%。 $理想汽车(LI)$今日发布财报,第一季度营收超出市场预期。财报显示:第一季度营收35.8亿元,市场预期33.55亿元. 其他电动汽车概念股方面:Workhorse涨超8%,固态电池生产商QuantumScape涨超10%,$福特汽车(F)$涨超8%,Nikola涨超3%,$特斯拉(TSLA)$涨超2%。 此前中金发布研报表示,随着大宗商品价格涨价进入尾声,且二季度芯片影响边际减弱,2021下半年汽车产业链利润有望磨底回升。
[Change] The new car-making force "returns of the king"! Li Auto rose more than 13%
看
2.03K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-05-26
Time in the market beat timing the market. Ignore all the noise
The short-selling ratio of S&P 500 ETF rose to the highest level this year! Will U.S. stocks pull back?
投资者正在通过做空全球最大的ETF来增加对标普500指数的看空赌注。标普500ETF的空头比例已经稳定增长了两周,而标普500指数最近一直徘徊在记录高点附近。根据IHS Markit Ltd.的数据,
The short-selling ratio of S&P 500 ETF rose to the highest level this year! Will U.S. stocks pull back?
看
2.21K
回复
Comment
点赞
1
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-05-26
100k soon
Bitcoin returned to $40,000 per coin, and the intraday increase expanded to more than 4%
5月26日讯,比特币上破40000美元/枚,日内涨幅扩大至4.32%。 以太坊上破2900美元/枚,刷新日高,日内涨幅扩大至7.24%。
Bitcoin returned to $40,000 per coin, and the intraday increase expanded to more than 4%
看
2.52K
回复
Comment
点赞
1
编组 21备份 2
Share
Report
cenziwei
cenziwei
·
2021-05-26
Haha retail investors in trouble
What does the A-share shocking Yang line mean: the dangerous moment has passed, and the "double bull" is coming
挑战四千点,这只是开始。
What does the A-share shocking Yang line mean: the dangerous moment has passed, and the "double bull" is coming
看
2.29K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
Load more
Most Discussed
{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3577217047850333","uuid":"3577217047850333","gmtCreate":1614123149642,"gmtModify":1634730369775,"name":"cenziwei","pinyin":"cenziwei","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":6,"tweetSize":67,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖(非转发)","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.04.05","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.89%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.16","exceedPercentage":"93.61%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.16","exceedPercentage":"93.68%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":9026403309,"gmtCreate":1653407619002,"gmtModify":1676535276510,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026403309","repostId":"2237835951","repostType":4,"isVote":1,"tweetType":1,"viewCount":3014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147214262,"gmtCreate":1626359328656,"gmtModify":1703758671517,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147214262","repostId":"1115836026","repostType":4,"isVote":1,"tweetType":1,"viewCount":1829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164543887,"gmtCreate":1624231399649,"gmtModify":1703830862405,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"I trust in Cathie wood","listText":"I trust in Cathie wood","text":"I trust in Cathie wood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164543887","repostId":"2145704051","repostType":4,"isVote":1,"tweetType":1,"viewCount":2129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183395095,"gmtCreate":1623305676417,"gmtModify":1704200515009,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Can buy coin?","listText":"Can buy coin?","text":"Can buy coin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183395095","isVote":1,"tweetType":1,"viewCount":2532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135805514,"gmtCreate":1622155726238,"gmtModify":1704180338190,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Buy arkk","listText":"Buy arkk","text":"Buy arkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135805514","isVote":1,"tweetType":1,"viewCount":2047,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132943642,"gmtCreate":1622069276486,"gmtModify":1704178680294,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Ignore the noise. ","listText":"Ignore the noise. ","text":"Ignore the noise.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132943642","repostId":"2138519408","repostType":4,"repost":{"id":"2138519408","kind":"highlight","pubTimestamp":1622011111,"share":"https://ttm.financial/m/news/2138519408?lang=en_US&edition=fundamental","pubTime":"2021-05-26 14:38","market":"us","language":"zh","title":"Three major factors indicate that the \"water reverse period\" of technology stocks is still not over","url":"https://stock-news.laohu8.com/highlight/detail?id=2138519408","media":"Wind资讯","summary":"随着市场对通胀的担忧有所消化,纳斯达克指数自5月19日以来反弹。但分析师表示,未来价格的波动因素、科技股当前估值及资金流向均表明,当前美股科技公司的回调尚未结束。\n4月29日,纳斯达克综合指数触及14","content":"<p>The Nasdaq has rebounded since May 19 as the market priced in inflation concerns. However, analysts said that future price fluctuations, current valuations of technology stocks and capital flows all indicate that the current correction of U.S. technology companies is not over yet.</p><p>On April 29, the Nasdaq Composite Index hit a record high of 14,211 points. Since then, the index has pulled back close to 3%. While the index's gain of more than 1.5% on Monday may reassure some investors, there are still challenges to the macro drivers of tech stocks that have led the market over the past 10 years.</p><p>RBC strategist Lori Calvasina said: \"We don't see anything wrong with the fundamentals of the tech space, but we think this is an overheld, overvalued part of the market, and it's a wrong macro backdrop for this part of the market right now.\"</p><p>The current backdrop for markets is that growth and inflation are accelerating as economies reopen after a pandemic-induced shock. As a result, sectors and investment styles that benefit more from accelerated GDP growth are preferred compared to sectors and investment styles that can gain growth in other environments.</p><p>Led by Parag Thatte<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Investors continue to put money into stocks and fixed income products seen as inflation winners, such as TIPS, energy, materials and financials, according to a report from strategists on Friday.</p><p><img src=\"https://static.tigerbbs.com/f3a6d3d53b8204d51b0cd1ebdb3c8fb7\" tg-width=\"796\" tg-height=\"691\" referrerpolicy=\"no-referrer\"></p><p>Energy, materials, and financials also performed well in cyclical trading, value trading, and reopening trading. Commodity prices have soared, and so have expectations for infrastructure. Higher economic growth combined with higher interest rates has injected life into the financial system.</p><p>The money coming into this space comes from investors who are reducing tech deals. Calvasina said: \"We think inflationary pressures are already there and the technology sector is one of the biggest sources of funding to return to reflation... so we don't think it's the best time to return to this space yet.\"</p><p>In a report published last week, Calvasina and her team delved into the shift in investor style from different perspectives, trying to explore whether the pullback at Big Tech has been sufficient. And several reasons indicate that the current correction of technology companies is not over yet.</p><p>Calvasina noted that the current valuation of technology stocks is still on the high side relative to the rest of the market and the historical valuation of technology stocks. As we mentioned above, inflows have not been encouraging, with inflows to tech ETFs flat this year.</p><p><b>Economic data disappoints markets</b></p><p>The consumer confidence index fell short of expectations in April, and the Conference Board's overall confidence index fell more than expected last month. The Conference Board noted that the short-term income outlook is, at least in part, pressured by inflation concerns. A separate report released Tuesday morning showed home prices rose the most in 15 years in March, highlighting a mismatch between supply and demand in more critical areas of the economy that is pushing up home prices.</p><p>However, some members of the US Federal Open Market Committee (fomc) suggested that market participants may not need to worry that rising prices will lead to recent changes in monetary policy in the short term. St. Louis Federal Reserve Bank President James Bullard said on Monday<a href=\"https://laohu8.com/S/YHOO\">Yahoo!</a>Finance said he believes the rise in inflation is \"mostly temporary\" and that the Fed has \"not yet reached\" when discussing tapering asset purchases.</p><p>Kansas City Fed Chairman Ester George said in a separate commentary that she didn't want the Fed to \"rely too much on historical relationships and dynamics in judging the inflation outlook.\" Federal Reserve officials have recently made a series of speeches downplaying the need for short-term monetary policy measures that could dampen market gains.</p><p>While the last two days of trading have given investors at least a brief respite following last week's stock market sell-off, some strategists remain cautious about stocks given that inflation concerns remain high.</p><p>Shawn Cruz, senior market strategist at TD Ameritrade, told Yahoo Finance on Monday, \"Everyone knows now that they should be worried about inflationary pressures and the impact that this could have on monetary policy or corporate profitability.\" \"If they decide to keep rising input costs on the balance sheet, that's fine, at least on the consumer side, we won't see inflation rising, but when earnings come out (in the second quarter), we may see margins rising.\"</p><p>Others have also pointed out that the latest technology-led progress may be short-lived. Calvasina said: \"We still think inflationary pressures are there, and people are moving money away from technology stocks to other sectors, such as financials, energy stocks and materials stocks. We don't think these inflationary pressures will ease anytime soon.\"</p>","source":"wind","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>Three major factors indicate that the \"water reverse period\" of technology stocks is still not over</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThree major factors indicate that the \"water reverse period\" of technology stocks is still not over\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Wind资讯</strong><span class=\"h-time small\">2021-05-26 14:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The Nasdaq has rebounded since May 19 as the market priced in inflation concerns. However, analysts said that future price fluctuations, current valuations of technology stocks and capital flows all indicate that the current correction of U.S. technology companies is not over yet.</p><p>On April 29, the Nasdaq Composite Index hit a record high of 14,211 points. Since then, the index has pulled back close to 3%. While the index's gain of more than 1.5% on Monday may reassure some investors, there are still challenges to the macro drivers of tech stocks that have led the market over the past 10 years.</p><p>RBC strategist Lori Calvasina said: \"We don't see anything wrong with the fundamentals of the tech space, but we think this is an overheld, overvalued part of the market, and it's a wrong macro backdrop for this part of the market right now.\"</p><p>The current backdrop for markets is that growth and inflation are accelerating as economies reopen after a pandemic-induced shock. As a result, sectors and investment styles that benefit more from accelerated GDP growth are preferred compared to sectors and investment styles that can gain growth in other environments.</p><p>Led by Parag Thatte<a href=\"https://laohu8.com/S/DB\">Deutsche Bank</a>Investors continue to put money into stocks and fixed income products seen as inflation winners, such as TIPS, energy, materials and financials, according to a report from strategists on Friday.</p><p><img src=\"https://static.tigerbbs.com/f3a6d3d53b8204d51b0cd1ebdb3c8fb7\" tg-width=\"796\" tg-height=\"691\" referrerpolicy=\"no-referrer\"></p><p>Energy, materials, and financials also performed well in cyclical trading, value trading, and reopening trading. Commodity prices have soared, and so have expectations for infrastructure. Higher economic growth combined with higher interest rates has injected life into the financial system.</p><p>The money coming into this space comes from investors who are reducing tech deals. Calvasina said: \"We think inflationary pressures are already there and the technology sector is one of the biggest sources of funding to return to reflation... so we don't think it's the best time to return to this space yet.\"</p><p>In a report published last week, Calvasina and her team delved into the shift in investor style from different perspectives, trying to explore whether the pullback at Big Tech has been sufficient. And several reasons indicate that the current correction of technology companies is not over yet.</p><p>Calvasina noted that the current valuation of technology stocks is still on the high side relative to the rest of the market and the historical valuation of technology stocks. As we mentioned above, inflows have not been encouraging, with inflows to tech ETFs flat this year.</p><p><b>Economic data disappoints markets</b></p><p>The consumer confidence index fell short of expectations in April, and the Conference Board's overall confidence index fell more than expected last month. The Conference Board noted that the short-term income outlook is, at least in part, pressured by inflation concerns. A separate report released Tuesday morning showed home prices rose the most in 15 years in March, highlighting a mismatch between supply and demand in more critical areas of the economy that is pushing up home prices.</p><p>However, some members of the US Federal Open Market Committee (fomc) suggested that market participants may not need to worry that rising prices will lead to recent changes in monetary policy in the short term. St. Louis Federal Reserve Bank President James Bullard said on Monday<a href=\"https://laohu8.com/S/YHOO\">Yahoo!</a>Finance said he believes the rise in inflation is \"mostly temporary\" and that the Fed has \"not yet reached\" when discussing tapering asset purchases.</p><p>Kansas City Fed Chairman Ester George said in a separate commentary that she didn't want the Fed to \"rely too much on historical relationships and dynamics in judging the inflation outlook.\" Federal Reserve officials have recently made a series of speeches downplaying the need for short-term monetary policy measures that could dampen market gains.</p><p>While the last two days of trading have given investors at least a brief respite following last week's stock market sell-off, some strategists remain cautious about stocks given that inflation concerns remain high.</p><p>Shawn Cruz, senior market strategist at TD Ameritrade, told Yahoo Finance on Monday, \"Everyone knows now that they should be worried about inflationary pressures and the impact that this could have on monetary policy or corporate profitability.\" \"If they decide to keep rising input costs on the balance sheet, that's fine, at least on the consumer side, we won't see inflation rising, but when earnings come out (in the second quarter), we may see margins rising.\"</p><p>Others have also pointed out that the latest technology-led progress may be short-lived. Calvasina said: \"We still think inflationary pressures are there, and people are moving money away from technology stocks to other sectors, such as financials, energy stocks and materials stocks. We don't think these inflationary pressures will ease anytime soon.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"http://www.zhitongcaijing.com/content/detail/481817.html\">Wind资讯</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9d770a193c6a88684d0203fd2ec91e4a","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"http://www.zhitongcaijing.com/content/detail/481817.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138519408","content_text":"随着市场对通胀的担忧有所消化,纳斯达克指数自5月19日以来反弹。但分析师表示,未来价格的波动因素、科技股当前估值及资金流向均表明,当前美股科技公司的回调尚未结束。\n4月29日,纳斯达克综合指数触及14211点的纪录高点。自那以来,该指数回调已接近3%。尽管该指数周一超过1.5%的涨幅可能会让一些投资者放心,但过去10年引领市场的科技股的宏观驱动力仍面临挑战。\nRBC策略师Lori Calvasina表示:“我们认为科技领域的基本面没有任何问题,但我们认为,这是市场上被过度持有、估值过高的一部分,目前对这部分市场来说,这是一个错误的宏观背景。”\n当前市场的背景是,随着经济在一场疫情引发的冲击后重新开放,增长和通胀正在加速。因此,与能够在其他环境中获得增长的领域和投资风格相比,从GDP加速增长中获益更多的行业和投资风格更受青睐。\n以Parag Thatte为首的德意志银行策略师上周五发布报告显示,投资者继续将资金投入被视为通胀赢家的股票和固定收益产品,如TIPS、能源、材料和金融类股。\n\n能源、材料和金融类股在周期性交易、价值交易和重新开放交易中也有很好的表现。大宗商品价格飙升,对基础设施的期望也在上升。更高的经济增长与更高的利率相结合,为金融体系注入了活力。\n进入这一领域的资金来自于减少科技交易的投资者。Calvasina称:\"我们认为通胀压力已经存在,科技行业是重返通货再膨胀的最大资金来源之一……所以我们认为现在还不是回到这个领域的最佳时机。”\n在上周发表的一份报告中,Calvasina和她的团队从不同的角度深入研究了投资者风格的转变,试图探索大型科技公司的回调是否已经充分。而几大原因表明,目前科技公司的回调尚未结束。\nCalvasina指出,相对于市场其他部分和科技股的历史估值,科技股当前的估值仍然偏高。正如我们上面提到的,资金流入情况并不令人鼓舞,今年科技ETF的资金流入持平。\n经济数据令市场失望\n4月份消费者信心指数低于预期,美国经济谘商会(Conference Board)上月的整体信心指数跌幅超过预期。美国经济谘商会指出,至少在一定程度上,短期收入前景受到通胀担忧的压力。周二上午公布的另一份报告显示,3月份房价创下15年来的最大涨幅,突显出经济中更多关键领域的供需不匹配推高了房价。\n不过,美国联邦公开市场委员会(fomc)部分成员暗示,市场人士可能不需要担心物价上涨会在短期内促成货币政策的近期变动。圣路易斯联邦储备银行总裁布拉德(James Bullard)周一对雅虎财经表示,他认为通胀上升\"大多是暂时的\",而美联储在讨论缩减资产购买规模时\"还没有达到\"。\n堪萨斯城联邦储备银行主席埃斯特•乔治在另一篇评论中表示,她不希望美联储\"在判断通胀前景时过度依赖历史关系和动态\"。美联储官员最近发表了一系列讲话,淡化了采取短期货币政策措施的必要性,这些措施可能会抑制市场涨势。\n尽管在上周的股市抛售之后,过去两天的交易给投资者提供了至少短暂的喘息机会,但鉴于对通胀的担忧仍居高不下,一些策略师仍对股市持谨慎态度。\nTD Ameritrade高级市场策略师Shawn Cruz周一对雅虎财经表示,\"现在所有人都知道,他们应该担心通胀压力,以及这可能对货币政策或企业盈利能力造成的影响。\"“如果他们决定将不断上升的投入成本保留在资产负债表上,那很好,至少在消费者方面,我们不会看到通胀上升,但(第二季度)盈利出来时,我们可能会看到利润率上升。”\n其他人也指出,最新的技术引领的进步可能是短暂的。Calvasina表示:“我们仍认为通胀压力存在,人们将资金从科技股移至其他板块,如金融股、能源股和材料股。我们不认为这些通胀压力会在短期内减轻。”","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132957300,"gmtCreate":1622069028100,"gmtModify":1704178675727,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"My top holding is Tesla. Not going to sell it in the next five years. People misunderstand the potential of the company ","listText":"My top holding is Tesla. Not going to sell it in the next five years. People misunderstand the potential of the company ","text":"My top holding is Tesla. Not going to sell it in the next five years. People misunderstand the potential of the company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132957300","repostId":"1199955569","repostType":4,"repost":{"id":"1199955569","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622041764,"share":"https://ttm.financial/m/news/1199955569?lang=en_US&edition=fundamental","pubTime":"2021-05-26 23:09","market":"us","language":"zh","title":"[Change] The new car-making force \"returns of the king\"! Li Auto rose more than 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1199955569","media":"老虎资讯综合","summary":"5月26日,造车新势力“王者归来”,$理想汽车(LI)$涨超13%,$小鹏汽车(XPEV)$涨超7%,$蔚来(NIO)$涨超3%。\n\n$理想汽车(LI)$今日发布财报,第一季度营收超出市场预期。财报显示:第一季度营收35.8亿元,市场预期33.55亿元.\n\n其他电动汽车概念股方面:Workhorse涨超8%,固态电池生产商QuantumScape涨超10%,$福特汽车(F)$涨超8%,Nikola涨超3%,$特斯拉(TSLA)$涨超2%。\n\n此前中金发布研报表示,随着大宗商品价格涨价进入尾声,且二季度芯片影响边际减弱,2021下半年汽车产业链利润有望磨底回升。","content":"<p>On May 26, the new car-making force \"returned the king\".<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Rose more than 13%,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Rose more than 7%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Up more than 3%.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>The financial report was released today, and the first quarter revenue exceeded market expectations. The financial report shows that revenue in the first quarter was 3.58 billion yuan, compared with market expectations of 3.355 billion yuan.</p><p>In terms of other electric vehicle concept stocks: Workhorse rose more than 8%, solid-state battery manufacturer QuantumScape rose more than 10%,<a href=\"https://laohu8.com/S/F\">Ford Motor</a>Rose more than 8%, Nikola rose more than 3%,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up more than 2%.</p><p>Previously, CICC released a research report stating that as the rise in commodity prices comes to an end and the impact of chips weakens in the second quarter, the profits of the automotive industry chain are expected to bottom out and rebound in the second half of 2021.<img src=\"https://static.tigerbbs.com/5a699e70ef796344451ad8d78df88c3d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>[Change] The new car-making force \"returns of the king\"! Li Auto rose more than 13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n[Change] The new car-making force \"returns of the king\"! Li Auto rose more than 13%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-26 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 26, the new car-making force \"returned the king\".<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Rose more than 13%,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Rose more than 7%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Up more than 3%.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>The financial report was released today, and the first quarter revenue exceeded market expectations. The financial report shows that revenue in the first quarter was 3.58 billion yuan, compared with market expectations of 3.355 billion yuan.</p><p>In terms of other electric vehicle concept stocks: Workhorse rose more than 8%, solid-state battery manufacturer QuantumScape rose more than 10%,<a href=\"https://laohu8.com/S/F\">Ford Motor</a>Rose more than 8%, Nikola rose more than 3%,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up more than 2%.</p><p>Previously, CICC released a research report stating that as the rise in commodity prices comes to an end and the impact of chips weakens in the second quarter, the profits of the automotive industry chain are expected to bottom out and rebound in the second half of 2021.<img src=\"https://static.tigerbbs.com/5a699e70ef796344451ad8d78df88c3d\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2c0ab7d3f5d89bb403311ca0a8e68f8e","relate_stocks":{"LI":"理想汽车","02015":"理想汽车-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199955569","content_text":"5月26日,造车新势力“王者归来”,理想汽车涨超13%,小鹏汽车涨超7%,蔚来涨超3%。理想汽车今日发布财报,第一季度营收超出市场预期。财报显示:第一季度营收35.8亿元,市场预期33.55亿元.其他电动汽车概念股方面:Workhorse涨超8%,固态电池生产商QuantumScape涨超10%,福特汽车涨超8%,Nikola涨超3%,特斯拉涨超2%。此前中金发布研报表示,随着大宗商品价格涨价进入尾声,且二季度芯片影响边际减弱,2021下半年汽车产业链利润有望磨底回升。","news_type":1,"symbols_score_info":{"02015":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136517082,"gmtCreate":1622028003046,"gmtModify":1704178090810,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Time in the market beat timing the market. Ignore all the noise","listText":"Time in the market beat timing the market. Ignore all the noise","text":"Time in the market beat timing the market. Ignore all the noise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136517082","repostId":"1168555747","repostType":4,"repost":{"id":"1168555747","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622001153,"share":"https://ttm.financial/m/news/1168555747?lang=en_US&edition=fundamental","pubTime":"2021-05-26 11:52","market":"us","language":"zh","title":"The short-selling ratio of S&P 500 ETF rose to the highest level this year! Will U.S. stocks pull back?","url":"https://stock-news.laohu8.com/highlight/detail?id=1168555747","media":"老虎资讯综合","summary":"投资者正在通过做空全球最大的ETF来增加对标普500指数的看空赌注。标普500ETF的空头比例已经稳定增长了两周,而标普500指数最近一直徘徊在记录高点附近。根据IHS Markit Ltd.的数据,","content":"<p>Investors are increasing their bearish bets on the S&P 500 by shorting the world's largest ETF. The proportion of short interest in the S&P 500 ETF has been growing steadily for two weeks, while the S&P 500 has been hovering near record highs recently.</p><p><img src=\"https://static.tigerbbs.com/e9c429cfbd71233ddb95e4179bed17c3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Short interest in the $357 billion S&P 500 ETF has jumped to its highest level this year as the S&P 500 oscillated near all-time highs, according to IHS Markit Ltd.</p><p>The data shows that about 4.8% of the fund's shares are currently on loan. This compares to only 2% two months ago and 1.7% at the start of the year.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/230a91c11ccf12210ff0a5ba7adf9e82\" tg-width=\"1156\" tg-height=\"656\"><span>S&P 500ETE Short Ratio</span></p><p>While this metric remains well below its highs over the past two years, rising above 7% more than once in 2020, the bearish pivot came at a time of market fragility.</p><p>Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, said: \"The share of short interest in the S&P 500 is surging in part due to doubts that the rally can continue, or at least that the market should pull back.\" \"While we see no danger of a bull market ending prematurely, with the market averaging at least 10% pullback every two years (at least since 1980), we do think a pullback of that magnitude is possible this year.\"</p><p>Investors have been turning to cyclical stocks, but the volatility blow has arrived as they are also worried about rising inflation and the outlook for rate hike. At the same time, the most speculative segments of the market, such as cryptocurrencies, have exacerbated concerns about excessive market optimism.</p><p>Strategists led by Tobias Levkovic said in a note on Friday that Citigroup's indicators remain \"in a state of excitement\" and that this will also lead to \"a 100% historical probability of a stock market decline in the coming year based on current levels.\"</p><p>Meanwhile, Chris Murphy, co-head of derivatives strategy at Susquehanna International Group, pointed out on Tuesday that the real Dividend ratio and real yield of the S&P 500 have both turned negative recently.</p><p>He said that this is a fairly rare phenomenon, and generally speaking, the S&P 500 doesn't return high when yields turn negative in the short term or long term.</p><p>However, the Susquehanna team also said they expect any pullback to be short-lived. They also pointed out that by historical standards, the proportion of short selling in U.S. stocks remains low.</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>The short-selling ratio of S&P 500 ETF rose to the highest level this year! Will U.S. stocks pull back?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe short-selling ratio of S&P 500 ETF rose to the highest level this year! Will U.S. stocks pull back?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-26 11:52</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Investors are increasing their bearish bets on the S&P 500 by shorting the world's largest ETF. The proportion of short interest in the S&P 500 ETF has been growing steadily for two weeks, while the S&P 500 has been hovering near record highs recently.</p><p><img src=\"https://static.tigerbbs.com/e9c429cfbd71233ddb95e4179bed17c3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Short interest in the $357 billion S&P 500 ETF has jumped to its highest level this year as the S&P 500 oscillated near all-time highs, according to IHS Markit Ltd.</p><p>The data shows that about 4.8% of the fund's shares are currently on loan. This compares to only 2% two months ago and 1.7% at the start of the year.</p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/230a91c11ccf12210ff0a5ba7adf9e82\" tg-width=\"1156\" tg-height=\"656\"><span>S&P 500ETE Short Ratio</span></p><p>While this metric remains well below its highs over the past two years, rising above 7% more than once in 2020, the bearish pivot came at a time of market fragility.</p><p>Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, said: \"The share of short interest in the S&P 500 is surging in part due to doubts that the rally can continue, or at least that the market should pull back.\" \"While we see no danger of a bull market ending prematurely, with the market averaging at least 10% pullback every two years (at least since 1980), we do think a pullback of that magnitude is possible this year.\"</p><p>Investors have been turning to cyclical stocks, but the volatility blow has arrived as they are also worried about rising inflation and the outlook for rate hike. At the same time, the most speculative segments of the market, such as cryptocurrencies, have exacerbated concerns about excessive market optimism.</p><p>Strategists led by Tobias Levkovic said in a note on Friday that Citigroup's indicators remain \"in a state of excitement\" and that this will also lead to \"a 100% historical probability of a stock market decline in the coming year based on current levels.\"</p><p>Meanwhile, Chris Murphy, co-head of derivatives strategy at Susquehanna International Group, pointed out on Tuesday that the real Dividend ratio and real yield of the S&P 500 have both turned negative recently.</p><p>He said that this is a fairly rare phenomenon, and generally speaking, the S&P 500 doesn't return high when yields turn negative in the short term or long term.</p><p>However, the Susquehanna team also said they expect any pullback to be short-lived. They also pointed out that by historical standards, the proportion of short selling in U.S. stocks remains low.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/80f4ce6db7a7760033683c1536b161e8","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168555747","content_text":"投资者正在通过做空全球最大的ETF来增加对标普500指数的看空赌注。标普500ETF的空头比例已经稳定增长了两周,而标普500指数最近一直徘徊在记录高点附近。根据IHS Markit Ltd.的数据,随着标普500指数在历史高点附近震荡,规模达3570亿美元的标普500 ETF的空头比例已跃升至今年最高水平。数据显示,该基金目前约有4.8%的股份已借出。相比之下,两个月前只有2%,而今年年初时为1.7%。标普500ETE空头比例尽管这一指标仍远低于过去两年的高点,2020年曾不止一次升至7%以上,但看跌转向是在市场脆弱时期出现的。Independent Advisor Alliance首席投资官Chris Zaccarelli表示:“标普500指数的空头比例激增,部分原因是人们怀疑涨势能否继续,或者至少市场应该回调。”“虽然我们认为牛市没有过早结束的危险,但由于市场平均每两年一次至少有10%的回调(至少自1980年以来),我们确实认为今年有可能出现这种程度的回落。”投资者一直在转向周期股,但波动性的打击已经到来,因为他们还担心通胀上升和加息的前景。同时,市场中投机性最强的部分(如加密货币)加剧了对市场过度乐观的担忧。以托比亚斯·列夫科维奇为首的策略师周五在一份报告中称,花旗集团的各项指标仍处于“兴奋状态”,而这也将导致“基于目前水平,未来一年股市下跌的历史概率为100%”。与此同时,Susquehanna国际集团衍生品策略联席主管克里斯•墨菲(Chris Murphy)周二指出,标普500指数的实际股息率和实际收益率最近均转为负值。他表示,这是一个相当罕见的现象,一般来说,无论是在短期还是在长期内收益率转为负时,标普500的回报率都不高。不过,Susquehanna团队也表示,他们预计任何回调都是短暂的。他们还指出,以历史标准衡量,对美股的做空比例仍然很低。","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136608031,"gmtCreate":1622010950423,"gmtModify":1704366019827,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"100k soon","listText":"100k soon","text":"100k soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136608031","repostId":"1163761139","repostType":4,"repost":{"id":"1163761139","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622010446,"share":"https://ttm.financial/m/news/1163761139?lang=en_US&edition=fundamental","pubTime":"2021-05-26 14:27","market":"hk","language":"zh","title":"Bitcoin returned to $40,000 per coin, and the intraday increase expanded to more than 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1163761139","media":"老虎资讯综合","summary":"5月26日讯,比特币上破40000美元/枚,日内涨幅扩大至4.32%。\n\n以太坊上破2900美元/枚,刷新日高,日内涨幅扩大至7.24%。","content":"<p>On May 26, Bitcoin broke through US $40,000 per coin, and the intraday increase expanded to 4.32%.</p><p>Ethereum broke through $2,900 per coin, setting a new daily high, and the intraday increase expanded to 7.24%.<img src=\"https://static.tigerbbs.com/63374d8609fa0ca764be76a39e5b1ada\" tg-width=\"935\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin returned to $40,000 per coin, and the intraday increase expanded to more than 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin returned to $40,000 per coin, and the intraday increase expanded to more than 4%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-26 14:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 26, Bitcoin broke through US $40,000 per coin, and the intraday increase expanded to 4.32%.</p><p>Ethereum broke through $2,900 per coin, setting a new daily high, and the intraday increase expanded to 7.24%.<img src=\"https://static.tigerbbs.com/63374d8609fa0ca764be76a39e5b1ada\" tg-width=\"935\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/822c9eb58d8760a04d809fa31d9c0f34","relate_stocks":{"EBON":"亿邦国际","CAN":"嘉楠科技"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163761139","content_text":"5月26日讯,比特币上破40000美元/枚,日内涨幅扩大至4.32%。以太坊上破2900美元/枚,刷新日高,日内涨幅扩大至7.24%。","news_type":1,"symbols_score_info":{"XBTmain":0.9,"BTCmain":0.9,"CAN":0.9,"EBON":0.9}},"isVote":1,"tweetType":1,"viewCount":2522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136891144,"gmtCreate":1622003550888,"gmtModify":1704365894964,"author":{"id":"3577217047850333","authorId":"3577217047850333","name":"cenziwei","avatar":"https://static.tigerbbs.com/d1eab50d8786d65bb7111b763c451e41","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577217047850333","idStr":"3577217047850333"},"themes":[],"htmlText":"Haha retail investors in trouble ","listText":"Haha retail investors in trouble ","text":"Haha retail investors in trouble","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136891144","repostId":"2138194497","repostType":4,"repost":{"id":"2138194497","kind":"highlight","pubTimestamp":1621993598,"share":"https://ttm.financial/m/news/2138194497?lang=en_US&edition=fundamental","pubTime":"2021-05-26 09:46","market":"us","language":"zh","title":"What does the A-share shocking Yang line mean: the dangerous moment has passed, and the \"double bull\" is coming","url":"https://stock-news.laohu8.com/highlight/detail?id=2138194497","media":"华尔街见闻","summary":"挑战四千点,这只是开始。","content":"<p>On May 25, A-shares ushered in a long-lost surge, the big financial sector broke out, brokerage stocks continued to rise, and liquor stocks drove the consumer sector to strengthen. The three major indexes of Shanghai and Shenzhen all rose by more than 2%, and the net purchase of northbound funds was 21.723 billion yuan, a new record high.</p><p>A big positive line changed investors' beliefs, and the focus of market discussion turned to: Is the bull market coming? In this regard, the Guojun strategy team, which shouted \"Challenge 4,000 points\" some time ago, once again shouted: \"Challenge 4,000 points, this is just the beginning.\" The Guojun fixed income team clearly stated that in the next stage, the market will usher in stocks and bonds. Double bulls.</p><p>When commenting on yesterday's market, analysts such as Chen Xianshun, Fang Yi and Huang Weichi of Guojun Strategy Team said that as the macro and external environment moves from uncertainty to certainty, the risk assessment will decline, thus driving the market from shock to rise:</p><p>On May 25th, the market rose sharply and the trading volume enlarged. Our logic is constantly being fulfilled, and the trend of mid-cap blue chips leading and large-cap blue chips following is also being fulfilled. In this regard, we believe that sideways will not last long, challenging 4,000 points, brokerage stocks will take the lead, mid-cap blue chips will lead, large-cap blue chips will follow, and little demon tickets will not be big. The above analysts pointed out that the core driving force of the pull-up comes from the denominator side:</p><p>First, the risk assessment decreased. Economic policy uncertainty and macro risk expectations are declining rapidly, including the steepest stage of bulk price increases and credit tightening expectations. It is easy to loosen but difficult to tighten policies during the year. Second, the risk-free rate of return is difficult to go up and easy to go down. Overseas, inflation expectations implied by U.S. debt have reached historical highs; Domestically, the ten-year Treasury Bond interest rate continues to fall back to 3.08%. With the strengthening of the RMB exchange rate, the liquidity advantage is expected to continue. Third, the current risk appetite remains basically stable. Risk appetite is still in the middle and low position, the superimposed valuation profit has moved from divergence to convergence, and the micro-trading structure has moved from collapse to optimization, and the blue-chip upward channel has opened again. Guojun's strategy suggests choosing stocks with the largest marginal change from uncertain performance to certain performance. It is expected that there will be a general rise pattern of blue-chip stocks in the market. The difference is that mid-cap blue-chips lead and large-cap blue-chips follow.</p><p>Qin Han and Shi Lingling, the monarch's fixed income team, said in another report that the \"downward expectation\" of the 10-year Treasury Bond interest rate between China and the United States has strengthened, and the Nasdaq and A-shares have rebounded strongly, indicating that the downward view of \"risk-free interest rate expectations\" has been widely recognized, thus promoting the continuous recovery of the equity market.</p><p>Guojun's fixed income team compared the current stock market conditions to the market conditions during June-July 2020:</p><p>The risk-free interest rate (wealth management and goods-based yield) in investors' minds continues to decline, the yield of money funds exceeds 1.5%, and the opportunity cost of buying stocks drops sharply. The continuous entry of incremental funds strengthens the \"wave\" rising market of undervalued sectors, forming a logical closed loop of \"undervalued sectors rising-Shanghai Composite Index rising-economic recovery expectations strengthening-bond market falling-net-value wealth management losing money-risk-free interest rates falling-undervalued sectors rising\". Guojun's fixed income team reiterated the view that stocks and bonds are both bullish, believing that in the bond market, as inflation expectations have peaked, multiple departments have introduced policies to \"ensure supply and stabilize prices\" of commodities, and the \"most dangerous\" time for inflation has passed. The expectation of long-term stable funds is relatively clear, and the judgment that the domestic bond market is in a \"bull market\" is increasingly recognized.</p><p>According to the team, referring to the law that the 10-year Treasury Bond interest rate fell by 50 basis points on average in a \"bull market\", it is expected that the first target of the 10-year Treasury Bond interest rate of 3.0% will not be the end of this round of market, and the next stage will look towards the 10-year Treasury Bond interest rate of 2.8%.</p>","source":"wallstreetcn_api","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>What does the A-share shocking Yang line mean: the dangerous moment has passed, and the \"double bull\" is coming</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat does the A-share shocking Yang line mean: the dangerous moment has passed, and the \"double bull\" is coming\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-05-26 09:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On May 25, A-shares ushered in a long-lost surge, the big financial sector broke out, brokerage stocks continued to rise, and liquor stocks drove the consumer sector to strengthen. The three major indexes of Shanghai and Shenzhen all rose by more than 2%, and the net purchase of northbound funds was 21.723 billion yuan, a new record high.</p><p>A big positive line changed investors' beliefs, and the focus of market discussion turned to: Is the bull market coming? In this regard, the Guojun strategy team, which shouted \"Challenge 4,000 points\" some time ago, once again shouted: \"Challenge 4,000 points, this is just the beginning.\" The Guojun fixed income team clearly stated that in the next stage, the market will usher in stocks and bonds. Double bulls.</p><p>When commenting on yesterday's market, analysts such as Chen Xianshun, Fang Yi and Huang Weichi of Guojun Strategy Team said that as the macro and external environment moves from uncertainty to certainty, the risk assessment will decline, thus driving the market from shock to rise:</p><p>On May 25th, the market rose sharply and the trading volume enlarged. Our logic is constantly being fulfilled, and the trend of mid-cap blue chips leading and large-cap blue chips following is also being fulfilled. In this regard, we believe that sideways will not last long, challenging 4,000 points, brokerage stocks will take the lead, mid-cap blue chips will lead, large-cap blue chips will follow, and little demon tickets will not be big. The above analysts pointed out that the core driving force of the pull-up comes from the denominator side:</p><p>First, the risk assessment decreased. Economic policy uncertainty and macro risk expectations are declining rapidly, including the steepest stage of bulk price increases and credit tightening expectations. It is easy to loosen but difficult to tighten policies during the year. Second, the risk-free rate of return is difficult to go up and easy to go down. Overseas, inflation expectations implied by U.S. debt have reached historical highs; Domestically, the ten-year Treasury Bond interest rate continues to fall back to 3.08%. With the strengthening of the RMB exchange rate, the liquidity advantage is expected to continue. Third, the current risk appetite remains basically stable. Risk appetite is still in the middle and low position, the superimposed valuation profit has moved from divergence to convergence, and the micro-trading structure has moved from collapse to optimization, and the blue-chip upward channel has opened again. Guojun's strategy suggests choosing stocks with the largest marginal change from uncertain performance to certain performance. It is expected that there will be a general rise pattern of blue-chip stocks in the market. The difference is that mid-cap blue-chips lead and large-cap blue-chips follow.</p><p>Qin Han and Shi Lingling, the monarch's fixed income team, said in another report that the \"downward expectation\" of the 10-year Treasury Bond interest rate between China and the United States has strengthened, and the Nasdaq and A-shares have rebounded strongly, indicating that the downward view of \"risk-free interest rate expectations\" has been widely recognized, thus promoting the continuous recovery of the equity market.</p><p>Guojun's fixed income team compared the current stock market conditions to the market conditions during June-July 2020:</p><p>The risk-free interest rate (wealth management and goods-based yield) in investors' minds continues to decline, the yield of money funds exceeds 1.5%, and the opportunity cost of buying stocks drops sharply. The continuous entry of incremental funds strengthens the \"wave\" rising market of undervalued sectors, forming a logical closed loop of \"undervalued sectors rising-Shanghai Composite Index rising-economic recovery expectations strengthening-bond market falling-net-value wealth management losing money-risk-free interest rates falling-undervalued sectors rising\". Guojun's fixed income team reiterated the view that stocks and bonds are both bullish, believing that in the bond market, as inflation expectations have peaked, multiple departments have introduced policies to \"ensure supply and stabilize prices\" of commodities, and the \"most dangerous\" time for inflation has passed. The expectation of long-term stable funds is relatively clear, and the judgment that the domestic bond market is in a \"bull market\" is increasingly recognized.</p><p>According to the team, referring to the law that the 10-year Treasury Bond interest rate fell by 50 basis points on average in a \"bull market\", it is expected that the first target of the 10-year Treasury Bond interest rate of 3.0% will not be the end of this round of market, and the next stage will look towards the 10-year Treasury Bond interest rate of 2.8%.</p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://wallstreetcn.com/articles/3631262\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ebb146d9df27844cb787ad545c50986d","relate_stocks":{"09141":"华夏亚投债-U"},"source_url":"https://wallstreetcn.com/articles/3631262","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138194497","content_text":"5月25日,A股迎来久违的大涨,大金融板块爆发,券商股持续拉升,白酒股带动消费板块走强,沪深创三大指数均上涨超2%,北向资金净买入217.23亿元,刷新历史新高。一根大阳线改变了投资者信仰,市场讨论焦点转向:牛市是否来了?对此,前段时间喊出“挑战四千点”的国君策略团队再次高呼:“挑战四千点,这只是开始。“ 国君固收团队更是旗帜鲜明地表示,下一阶段,市场将迎来股债双牛。国君策略团队陈显顺、方奕、黄维驰等分析师在点评昨日行情时表示,随着宏观与外围环境由不确定走向确定,风险评价将会下降,由此驱动行情从震荡走向拉升:5月25日市场大涨,成交量放大,我们的逻辑正在不断地被兑现之中,中盘蓝筹领跑、大盘蓝筹跟随的趋势也在兑现之下。就此,我们认为:横盘不长久,挑战四千点,券商股打头阵,中盘蓝筹领跑,大盘蓝筹跟随,小妖票没大戏。上述分析师指出,拉升的核心驱动力来自分母端:第一,风险评价下降。经济政策不确定性与宏观风险预期正在快速下行,包括大宗涨价以及信用收紧预期斜率最为陡峭的阶段已经过去,年内政策端易松难紧。第二,无风险收益率上行难、下行易。海外方面,美债隐含的通胀预期已处历史高点;国内方面,十年期国债利率继续回落至3.08%,伴随人民币汇率走强,流动性优势有望延续。第三,当前风险偏好基本保持稳定。风险偏好仍处中低位置,叠加估值盈利从背离走向收敛,以及微观交易结构从崩塌走向优化,蓝筹上行通道再度打开。国君策略建议选择业绩从不确定走向确定边际变化最大的股票,预计市场将出现蓝筹股普涨格局,差异在于中盘蓝筹领跑,大盘蓝筹跟随。国君固收团队覃汉、石玲玲在另一份报告中表示,中美十年期国债利率“下行预期”加强,纳指和A股强势反弹,说明“无风险利率预期”下行的观点已经得到广泛认可,从而推动了权益市场持续修复。国君固收团队将眼下的股市行情类比 2020年6-7月期间的行情:投资者心中的无风险利率(理财、货基收益率)持续下降,货币基金收益率破 1.5%,买股票的机会成本大幅下降,部分抱团资金切换至低估值板块成为行情发动者,增量资金持续进场强化了低估值板块的“一波流”上涨行情,形成了“低估值板块上涨—上证综指上涨—经济复苏预期强化—债市下跌—净值型理财亏钱—投资者心中的无风险利率下行—低估值板块上涨”的逻辑闭环。国君固收团队重申了股债双牛的看法,认为债市方面,随着通胀预期见顶,多部门出台政策做好大宗商品“保供稳价”,通胀“最危险”的时候已经过去,而资金面长期平稳的预期较为明确,国内债市处于“小牛市”的判断越来越受认可。该团队表示,参考一轮“小牛市”10年国债利率平均下行50个基点的规律,预计10 年国债利率第一目标位3.0%不会是本轮行情的终点,下一阶段看向10年国债利率2.8%。","news_type":1,"symbols_score_info":{"ZFmain":0.9,"ZTmain":0.9,"UBmain":0.9,"09141":0.9,"ZNmain":0.9,"ZBmain":0.9,"TNmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}