Min_max的个人主页 - 老虎社区

Min_max

Min_max

暂无个人介绍

IP属地：未知

174关注

22粉丝

0主题

0勋章

2021-09-22

wow, that’s a pretty decent order book right there

抱歉，原内容已删除

2021-09-17

price competition is heating up

抱歉，原内容已删除

2021-10-31

anyone thinks Elastic’s price will shoot up like anelastic band? haha

抱歉，原内容已删除

2021-09-23

being an AI compny in the finance industry, Upstart has promising potential

抱歉，原内容已删除

2021-09-10

does anyone think the nasdaq is due for a reversal?

抱歉，原内容已删除

2021-09-20

it’s ok. will recover over the week i think

U.S. stock market falls sharply lower early Monday<blockquote>美国股市周一早些时候大幅下跌</blockquote>

2021-09-20

Retail and logistics are coming back!

Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote>

2021-09-09

wonder if lenzilumab will one day be accepted to treat covid. if yes, humanigen is in for an upside

Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>

2021-09-05

Wonder if the system can sustain supernormal earnings in the long run

Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote>

2021-09-23

digital twins are capable of providing real-time asset performance data, enabling more efficient asset management which can encourage less wastage, less energy usage and boost sustainability

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3585869414507662","uuid":"3585869414507662","gmtCreate":1622775652935,"gmtModify":1622873963585,"name":"Min_max","pinyin":"minmaxminmax","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":22,"headSize":174,"tweetSize":191,"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":5,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.04.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.77%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":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,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":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,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.41%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":606592386,"gmtCreate":1638890522946,"gmtModify":1638890523234,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"nice!","listText":"nice!","text":"nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606592386","repostId":"609255474","repostType":1,"repost":{"id":609255474,"gmtCreate":1638287932321,"gmtModify":1744960763367,"author":{"id":"4091611435314140","authorId":"4091611435314140","name":"涌流商业","avatar":"https://static.tigerbbs.com/d97f7132de4e1521a10bd008e5f1e976","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091611435314140","idStr":"4091611435314140"},"themes":[],"title":"东南亚独角兽Grab要上市了，这是一部富二代成功史","htmlText":"陈炳耀（Anthony Tan）39岁了，他从哈佛商学院毕业，父亲是马来西亚汽车公司老板；他有四个小孩，一家人生活在新加坡；居家办公，可以一边看孩子玩耍、一边开会；他的创业公司Grab马上就要上市了，估值近400亿美元。 11月30日，Grab就与特殊目的收购公司（SPAC）合并投票，通过后将在美国上市。Grab创立至今9年，在东南亚8个国家的400 多个城市经营出行、外卖、配送、数字金融服务。 超级应用烧钱拓市场 陈炳耀出生于马来西亚汽车世家，是当地最富有的家族之一；2000年进入芝加哥大学学习经济学和公共政策，几年后申请进入哈佛商学院，2011年获得MBA学位。他能讲英语、法语、中文和印度尼西亚语。 2012年，陈炳耀和合伙人陈慧玲（Tan hoi Ling）在家乡马来西亚推出了MyTeksi应用，Grab前身；2014年公司搬至新加坡，超级应用Grab从这里扩展到印尼、越南、泰国、菲律宾、柬埔寨、缅甸。 现在Grab是集合多重功能的平台，订外卖、叫车、买菜可以在一款应用内完成，类似于集合了美团、滴滴、京东到家、闪送功能。 Grab很能入乡随俗，比如在GrabCar之外，还有GrabBike，在印尼、泰国和越南等地有共享摩的服务。公司还通过交易收集的大量数据，提供定制金融服务；Grab 在新加坡有数字银行牌照，能够吸收存款、提供贷款和其他金融服务。东南亚城市化过程中，Grab很有优势，监管环境支持、大量没有银行账户的人们也欢迎它。 不过与中国、美国的同业企业相比，Grab的规模小得多，也还处于早期投入阶段，以大量资金换取市场。Grab打车业务不足Uber的1/10,外卖业务也不及DoorDash的1/5。 根据公司公布的文件，Grab在2020年及之前至少连续三年净亏损超过20亿美元。2020 年的净亏损为27亿美元，而净收入为11.9亿美元。截至2020","listText":"陈炳耀（Anthony Tan）39岁了，他从哈佛商学院毕业，父亲是马来西亚汽车公司老板；他有四个小孩，一家人生活在新加坡；居家办公，可以一边看孩子玩耍、一边开会；他的创业公司Grab马上就要上市了，估值近400亿美元。 11月30日，Grab就与特殊目的收购公司（SPAC）合并投票，通过后将在美国上市。Grab创立至今9年，在东南亚8个国家的400 多个城市经营出行、外卖、配送、数字金融服务。 超级应用烧钱拓市场 陈炳耀出生于马来西亚汽车世家，是当地最富有的家族之一；2000年进入芝加哥大学学习经济学和公共政策，几年后申请进入哈佛商学院，2011年获得MBA学位。他能讲英语、法语、中文和印度尼西亚语。 2012年，陈炳耀和合伙人陈慧玲（Tan hoi Ling）在家乡马来西亚推出了MyTeksi应用，Grab前身；2014年公司搬至新加坡，超级应用Grab从这里扩展到印尼、越南、泰国、菲律宾、柬埔寨、缅甸。 现在Grab是集合多重功能的平台，订外卖、叫车、买菜可以在一款应用内完成，类似于集合了美团、滴滴、京东到家、闪送功能。 Grab很能入乡随俗，比如在GrabCar之外，还有GrabBike，在印尼、泰国和越南等地有共享摩的服务。公司还通过交易收集的大量数据，提供定制金融服务；Grab 在新加坡有数字银行牌照，能够吸收存款、提供贷款和其他金融服务。东南亚城市化过程中，Grab很有优势，监管环境支持、大量没有银行账户的人们也欢迎它。 不过与中国、美国的同业企业相比，Grab的规模小得多，也还处于早期投入阶段，以大量资金换取市场。Grab打车业务不足Uber的1/10,外卖业务也不及DoorDash的1/5。 根据公司公布的文件，Grab在2020年及之前至少连续三年净亏损超过20亿美元。2020 年的净亏损为27亿美元，而净收入为11.9亿美元。截至2020","text":"陈炳耀（Anthony Tan）39岁了，他从哈佛商学院毕业，父亲是马来西亚汽车公司老板；他有四个小孩，一家人生活在新加坡；居家办公，可以一边看孩子玩耍、一边开会；他的创业公司Grab马上就要上市了，估值近400亿美元。 11月30日，Grab就与特殊目的收购公司（SPAC）合并投票，通过后将在美国上市。Grab创立至今9年，在东南亚8个国家的400 多个城市经营出行、外卖、配送、数字金融服务。 超级应用烧钱拓市场 陈炳耀出生于马来西亚汽车世家，是当地最富有的家族之一；2000年进入芝加哥大学学习经济学和公共政策，几年后申请进入哈佛商学院，2011年获得MBA学位。他能讲英语、法语、中文和印度尼西亚语。 2012年，陈炳耀和合伙人陈慧玲（Tan hoi Ling）在家乡马来西亚推出了MyTeksi应用，Grab前身；2014年公司搬至新加坡，超级应用Grab从这里扩展到印尼、越南、泰国、菲律宾、柬埔寨、缅甸。 现在Grab是集合多重功能的平台，订外卖、叫车、买菜可以在一款应用内完成，类似于集合了美团、滴滴、京东到家、闪送功能。 Grab很能入乡随俗，比如在GrabCar之外，还有GrabBike，在印尼、泰国和越南等地有共享摩的服务。公司还通过交易收集的大量数据，提供定制金融服务；Grab 在新加坡有数字银行牌照，能够吸收存款、提供贷款和其他金融服务。东南亚城市化过程中，Grab很有优势，监管环境支持、大量没有银行账户的人们也欢迎它。 不过与中国、美国的同业企业相比，Grab的规模小得多，也还处于早期投入阶段，以大量资金换取市场。Grab打车业务不足Uber的1/10,外卖业务也不及DoorDash的1/5。 根据公司公布的文件，Grab在2020年及之前至少连续三年净亏损超过20亿美元。2020 年的净亏损为27亿美元，而净收入为11.9亿美元。截至2020","images":[{"img":"https://static.tigerbbs.com/d65600b199e54e6bef92a4d5ded2bb23","width":"1920","height":"1273"},{"img":"https://static.tigerbbs.com/4c35e39b61fc92f8b3672d9c083129ec","width":"1328","height":"940"},{"img":"https://static.tigerbbs.com/8f5c4a5c577a6e3544a1aa834f977505","width":"1268","height":"828"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609255474","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840451825,"gmtCreate":1635677436039,"gmtModify":1635677436209,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"anyone thinks Elastic’s price will shoot up like anelastic band? haha","listText":"anyone thinks Elastic’s price will shoot up like anelastic band? haha","text":"anyone thinks Elastic’s price will shoot up like anelastic band? haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840451825","repostId":"2179225125","repostType":4,"isVote":1,"tweetType":1,"viewCount":4200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867072004,"gmtCreate":1633177157624,"gmtModify":1633177158096,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"interesting choice..","listText":"interesting choice..","text":"interesting choice..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/867072004","repostId":"1134305481","repostType":4,"repost":{"id":"1134305481","kind":"news","pubTimestamp":1633152909,"share":"https://www.laohunote.com/m/news/1134305481?lang=zh_CN&edition=full","pubTime":"2021-10-02 13:35","market":"sh","language":"en","title":"3 Stocks That Can Double Again in the Fourth Quarter<blockquote>3只股票第四季度可能再次翻倍</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1134305481","media":"The motley fool","summary":"Key Points\n\nCrocs has jacked up its guidance every quarter this year. It reports again later this mo","content":"<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>Crocs has jacked up its guidance every quarter this year. It reports again later this month.</li>  <li>AMC would have to double from here to revisit its June highs. Check the upcoming theatrical release slate to know why movie theaters are about to get a whole lot better.</li>  <li>Upstart is revolutionizing the way creditworthiness is determined in consumer loans, and it's laughing all the way to the bank.</li> </ul> </p><p><blockquote><ul><li>Crocs 今年每个季度都上调了指引。它将于本月晚些时候再次报道。</li><li>AMC 必须从这里开始翻倍才能重返 6 月份的高点。查看即将到来的影院上映名单，了解为什么电影院会变得更好。</li><li>Upstart 正在彻底改变消费贷款中确定信用度的方式，并且一路嘲笑银行。</li></ul></blockquote></p><p> It's been a volatile year for stocks, but naturally some investments have fared better than others. Over 300 stocks have more than doubled in 2021. Many of those winning investments will be lucky if they can hold those gains through the final three months of the year, but what about the names that have the potential to double again?</p><p><blockquote>对于股市来说，这是动荡的一年，但自然有些投资比其他投资表现更好。2021 年，超过 300 只股票的股价上涨了一倍多。如果许多获胜的投资能够在今年的最后三个月保持这些收益，他们将是幸运的，但那些有可能再次翻倍的名字呢？</blockquote></p><p> <b>Crocs</b>&nbsp;(NASDAQ:CROX),<b>AMC Entertainment</b>(NYSE:AMC), and<b>Upstart</b>&nbsp;(NASDAQ:UPST)have more than doubled in value through the first nine months of 2021. Let's see why they have what it takes to possibly repeat the feat in the fourth quarter.</p><p><blockquote><b>洞洞鞋</b>（纳斯达克股票代码：CROX）<b>AMC院线</b>（纽约证券交易所代码：AMC），以及<b>暴发户</b>（纳斯达克股票代码：UPST）2021 年前 9 个月的价值增长了一倍多。让我们看看为什么他们有能力在第四季度重复这一壮举。</blockquote></p><p> 1. Crocs</p><p><blockquote>1. 洞洞鞋</blockquote></p><p> Remember those bright rubbery shoes with holes in them? They're back in a big way. Crocs sales are booming since the pandemic began, and the stock is following suit with a 129% increase through the first nine months of 2021.</p><p><blockquote>还记得那些有洞的明亮橡胶鞋吗？他们又回来了。自疫情爆发以来，Crocs 的销量一直在蓬勃发展，2021 年前 9 个月，该股也随之上涨了 129%。</blockquote></p><p> The comfortable resin shoes were already making a comeback before the COVID-19 crisis with double-digit revenue growth in 2019 before repeating the feat in 2020. Momentum is what's really taking Crocs to a higher level in 2021.</p><p><blockquote>在 COVID-19 危机之前，舒适的树脂鞋已经卷土重来，2019 年实现了两位数的收入增长，然后在 2020 年再次实现这一壮举。2021年，动力才是真正让Crocs更上一层楼的原因。</blockquote></p><p> The year began with the footwear maker projecting 20%-to-25% top-line growth for the entire year back in February. Guidance was bumped higher -- to between 40% and 50% growth -- the following quarter. It happened again this summer, with Crocs now targeting a 60%-to-65% surge in revenue for all of 2021. What do you think will happen if those targets get pushed even higher when it reports third-quarter results later this month?</p><p><blockquote>今年年初，这家鞋类制造商在 2 月份预计全年营收增长 20% 至 25%。接下来的一个季度，指引上调至 40% 至 50% 之间。今年夏天，这种情况再次发生，Crocs 现在的目标是 2021 年全年收入增长 60% 至 65%。您认为如果在本月晚些时候公布第三季度业绩时这些目标被推得更高，会发生什么？</blockquote></p><p> Despite a stock that has popped nearly sixfold since the start of 2019, Crocs is reasonably priced given its accelerating growth. It's trading at 21 times this year's earnings and just 17 times next year's target. There's clearly room to increase those multiples, and Wall Street's finally as comfortable with Crocs as an investment as its customers are in its shoes.</p><p><blockquote>尽管该股自 2019 年初以来已上涨近六倍，但考虑到其加速增长，Crocs 的定价还是合理的。该公司的交易价格是今年市盈率的 21 倍，而明年目标仅为 17 倍。显然还有增加这些倍数的空间，华尔街终于对 Crocs 作为一项投资感到满意，就像其客户对 Crocs 的看法一样。</blockquote></p><p> 2. AMC Entertainment</p><p><blockquote>2.AMC院线</blockquote></p><p> You may be surprised to find the country's leading multiplex operator on this list, but plot twists are what make movies so good. It's certainly true that AMC Entertainment has appreciated -- in terms of both stock price and a fivefold explosion in shares outstanding -- to the point where its valuation is out of whack relative to its peers'. If you want a pure investing play on the movie theater industry's recovery, you will find more attractively priced stocks toscratchthatitch.</p><p><blockquote>你可能会惊讶地发现这个国家领先的多厅影院运营商出现在这个名单上，但情节转折是电影如此出色的原因。AMC院线确实已经升值——无论是股价还是流通股的五倍爆炸式增长——到了其估值相对于同行来说已经失控的地步。如果你想对电影院行业的复苏进行纯粹的投资，你会发现价格更具吸引力的股票。</blockquote></p><p> However, as ameme stockand cultural phenomenon it's hard to argue against what AMC has done to translate its popularity among retail investors into a legitimate market share grab in the recovery process. No company has seen its market cap inflate as much as AMC has this year, but this is also a stock that enters the fourth quarter with a stock price that is a little more than half of what it was when it peaked in June. In short, it would have to double from here to revisit its all-time high -- but isn't that always possible with the poster child for 2021 momentum stocks?</p><p><blockquote>然而，作为 ameme 股票和文化现象，很难反驳 AMC 在复苏过程中将其在散户投资者中的受欢迎程度转化为合法的市场份额抢占所做的事情。今年没有一家公司的市值像 AMC 那样膨胀，但这也是一只进入第四季度的股票，其股价仅为 6 月份峰值时的一半多一点。简而言之，它必须从这里翻倍才能重新创下历史高点——但对于 2021 年动量股票的海报儿童来说，这不总是可能的吗？</blockquote></p><p> Fundamentally speaking, the catalysts are also there.<i>Shang-Chi and the Legend of the Ten Rings</i>shattered box office records over Labor Day weekend, but the initial excitement fizzled out when subsequent weekends were abysmal. However, it's all about the pipeline. Studios pushed out September releases into October and beyond when the delta variant resulted in a spike in COVID-19 cases. We're now seeing the highly anticipated films start to come back, starting with the new James Bond movie next weekend. The fourth quarter should be a lot stronger for the industry than the naysayers think, and if AMC stock gets back to where it was in early June -- fundamentally earned this time -- it will have to double from here.</p><p><blockquote>从根本上说，催化剂也在那里。<i>尚气与十环传说</i>劳动节周末打破了票房记录，但当随后的周末表现糟糕时，最初的兴奋就消失了。然而，这都是关于管道的。当德尔塔变异毒株导致新冠肺炎病例激增时，电影公司将9月份的上映推迟到10月份及以后。我们现在看到备受期待的电影开始回归，从下周末的新詹姆斯·邦德电影开始。第四季度对该行业来说应该比反对者想象的要强劲得多，如果 AMC 股价回到 6 月初的水平（这次基本上是盈利的），它将不得不从这里翻一番。</blockquote></p><p> 3. Upstart</p><p><blockquote>3. 新贵</blockquote></p><p> I love when industries ripe for disruption get upended, and that's what Upstart is doing with the lending industry. Upstart usesartificial intelligenceand machine learning to make better calls on assessing risk profiles and creditworthiness for folks who don't typically get approved for consumer loans.</p><p><blockquote>我喜欢颠覆时机成熟的行业被颠覆，这就是 Upstart 对贷款行业所做的事情。Upstart 使用人工智能和机器学习来更好地评级，为那些通常无法获得消费贷款批准的人评估风险状况和信用度。</blockquote></p><p> Growth is bonkers. Revenue seemed to be decelerating sharply, with slowing growth spurts of 89%, 52%, and 27% in the last three years respectively. Now that consumers are becoming aware of Upstart as a better alternative to payday loans and other predatory lending products, business is skyrocketing. Revenue rose 90% in the first quarter, only to surge 1,018% in its latest report. And no, that's not a typo.</p><p><blockquote>增长是疯狂的。收入似乎急剧放缓，过去三年增长速度分别放缓了 89%、52% 和 27%。现在，消费者开始意识到Upstart是发薪日贷款和其他掠夺性贷款产品的更好替代品，业务正在飙升。第一季度收入增长 90%，但在最新报告中却猛增 1,018%。不，那不是错别字。</blockquote></p><p></p><p> With Upstart now expanding into the auto loans market, the potential for its better alternative to stodgy credit scores is just getting started. The stock has been a seven-bagger through the first three quarters of 2021, but the runway is long for this disruptive jet.</p><p><blockquote>随着Upstart现在扩展到汽车贷款市场，其更好的替代乏味信用评分的潜力才刚刚开始。2021 年前三个季度，该股上涨了七袋，但这架颠覆性喷气式飞机的跑道还很长。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks That Can Double Again in the Fourth Quarter<blockquote>3只股票第四季度可能再次翻倍</blockquote></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\">\n3 Stocks That Can Double Again in the Fourth Quarter<blockquote>3只股票第四季度可能再次翻倍</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The motley fool</strong><span class=\"h-time small\">2021-10-02 13:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Key Points</p><p><blockquote>要点</blockquote></p><p> <ul>  <li>Crocs has jacked up its guidance every quarter this year. It reports again later this month.</li>  <li>AMC would have to double from here to revisit its June highs. Check the upcoming theatrical release slate to know why movie theaters are about to get a whole lot better.</li>  <li>Upstart is revolutionizing the way creditworthiness is determined in consumer loans, and it's laughing all the way to the bank.</li> </ul> </p><p><blockquote><ul><li>Crocs 今年每个季度都上调了指引。它将于本月晚些时候再次报道。</li><li>AMC 必须从这里开始翻倍才能重返 6 月份的高点。查看即将到来的影院上映名单，了解为什么电影院会变得更好。</li><li>Upstart 正在彻底改变消费贷款中确定信用度的方式，并且一路嘲笑银行。</li></ul></blockquote></p><p> It's been a volatile year for stocks, but naturally some investments have fared better than others. Over 300 stocks have more than doubled in 2021. Many of those winning investments will be lucky if they can hold those gains through the final three months of the year, but what about the names that have the potential to double again?</p><p><blockquote>对于股市来说，这是动荡的一年，但自然有些投资比其他投资表现更好。2021 年，超过 300 只股票的股价上涨了一倍多。如果许多获胜的投资能够在今年的最后三个月保持这些收益，他们将是幸运的，但那些有可能再次翻倍的名字呢？</blockquote></p><p> <b>Crocs</b>&nbsp;(NASDAQ:CROX),<b>AMC Entertainment</b>(NYSE:AMC), and<b>Upstart</b>&nbsp;(NASDAQ:UPST)have more than doubled in value through the first nine months of 2021. Let's see why they have what it takes to possibly repeat the feat in the fourth quarter.</p><p><blockquote><b>洞洞鞋</b>（纳斯达克股票代码：CROX）<b>AMC院线</b>（纽约证券交易所代码：AMC），以及<b>暴发户</b>（纳斯达克股票代码：UPST）2021 年前 9 个月的价值增长了一倍多。让我们看看为什么他们有能力在第四季度重复这一壮举。</blockquote></p><p> 1. Crocs</p><p><blockquote>1. 洞洞鞋</blockquote></p><p> Remember those bright rubbery shoes with holes in them? They're back in a big way. Crocs sales are booming since the pandemic began, and the stock is following suit with a 129% increase through the first nine months of 2021.</p><p><blockquote>还记得那些有洞的明亮橡胶鞋吗？他们又回来了。自疫情爆发以来，Crocs 的销量一直在蓬勃发展，2021 年前 9 个月，该股也随之上涨了 129%。</blockquote></p><p> The comfortable resin shoes were already making a comeback before the COVID-19 crisis with double-digit revenue growth in 2019 before repeating the feat in 2020. Momentum is what's really taking Crocs to a higher level in 2021.</p><p><blockquote>在 COVID-19 危机之前，舒适的树脂鞋已经卷土重来，2019 年实现了两位数的收入增长，然后在 2020 年再次实现这一壮举。2021年，动力才是真正让Crocs更上一层楼的原因。</blockquote></p><p> The year began with the footwear maker projecting 20%-to-25% top-line growth for the entire year back in February. Guidance was bumped higher -- to between 40% and 50% growth -- the following quarter. It happened again this summer, with Crocs now targeting a 60%-to-65% surge in revenue for all of 2021. What do you think will happen if those targets get pushed even higher when it reports third-quarter results later this month?</p><p><blockquote>今年年初，这家鞋类制造商在 2 月份预计全年营收增长 20% 至 25%。接下来的一个季度，指引上调至 40% 至 50% 之间。今年夏天，这种情况再次发生，Crocs 现在的目标是 2021 年全年收入增长 60% 至 65%。您认为如果在本月晚些时候公布第三季度业绩时这些目标被推得更高，会发生什么？</blockquote></p><p> Despite a stock that has popped nearly sixfold since the start of 2019, Crocs is reasonably priced given its accelerating growth. It's trading at 21 times this year's earnings and just 17 times next year's target. There's clearly room to increase those multiples, and Wall Street's finally as comfortable with Crocs as an investment as its customers are in its shoes.</p><p><blockquote>尽管该股自 2019 年初以来已上涨近六倍，但考虑到其加速增长，Crocs 的定价还是合理的。该公司的交易价格是今年市盈率的 21 倍，而明年目标仅为 17 倍。显然还有增加这些倍数的空间，华尔街终于对 Crocs 作为一项投资感到满意，就像其客户对 Crocs 的看法一样。</blockquote></p><p> 2. AMC Entertainment</p><p><blockquote>2.AMC院线</blockquote></p><p> You may be surprised to find the country's leading multiplex operator on this list, but plot twists are what make movies so good. It's certainly true that AMC Entertainment has appreciated -- in terms of both stock price and a fivefold explosion in shares outstanding -- to the point where its valuation is out of whack relative to its peers'. If you want a pure investing play on the movie theater industry's recovery, you will find more attractively priced stocks toscratchthatitch.</p><p><blockquote>你可能会惊讶地发现这个国家领先的多厅影院运营商出现在这个名单上，但情节转折是电影如此出色的原因。AMC院线确实已经升值——无论是股价还是流通股的五倍爆炸式增长——到了其估值相对于同行来说已经失控的地步。如果你想对电影院行业的复苏进行纯粹的投资，你会发现价格更具吸引力的股票。</blockquote></p><p> However, as ameme stockand cultural phenomenon it's hard to argue against what AMC has done to translate its popularity among retail investors into a legitimate market share grab in the recovery process. No company has seen its market cap inflate as much as AMC has this year, but this is also a stock that enters the fourth quarter with a stock price that is a little more than half of what it was when it peaked in June. In short, it would have to double from here to revisit its all-time high -- but isn't that always possible with the poster child for 2021 momentum stocks?</p><p><blockquote>然而，作为 ameme 股票和文化现象，很难反驳 AMC 在复苏过程中将其在散户投资者中的受欢迎程度转化为合法的市场份额抢占所做的事情。今年没有一家公司的市值像 AMC 那样膨胀，但这也是一只进入第四季度的股票，其股价仅为 6 月份峰值时的一半多一点。简而言之，它必须从这里翻倍才能重新创下历史高点——但对于 2021 年动量股票的海报儿童来说，这不总是可能的吗？</blockquote></p><p> Fundamentally speaking, the catalysts are also there.<i>Shang-Chi and the Legend of the Ten Rings</i>shattered box office records over Labor Day weekend, but the initial excitement fizzled out when subsequent weekends were abysmal. However, it's all about the pipeline. Studios pushed out September releases into October and beyond when the delta variant resulted in a spike in COVID-19 cases. We're now seeing the highly anticipated films start to come back, starting with the new James Bond movie next weekend. The fourth quarter should be a lot stronger for the industry than the naysayers think, and if AMC stock gets back to where it was in early June -- fundamentally earned this time -- it will have to double from here.</p><p><blockquote>从根本上说，催化剂也在那里。<i>尚气与十环传说</i>劳动节周末打破了票房记录，但当随后的周末表现糟糕时，最初的兴奋就消失了。然而，这都是关于管道的。当德尔塔变异毒株导致新冠肺炎病例激增时，电影公司将9月份的上映推迟到10月份及以后。我们现在看到备受期待的电影开始回归，从下周末的新詹姆斯·邦德电影开始。第四季度对该行业来说应该比反对者想象的要强劲得多，如果 AMC 股价回到 6 月初的水平（这次基本上是盈利的），它将不得不从这里翻一番。</blockquote></p><p> 3. Upstart</p><p><blockquote>3. 新贵</blockquote></p><p> I love when industries ripe for disruption get upended, and that's what Upstart is doing with the lending industry. Upstart usesartificial intelligenceand machine learning to make better calls on assessing risk profiles and creditworthiness for folks who don't typically get approved for consumer loans.</p><p><blockquote>我喜欢颠覆时机成熟的行业被颠覆，这就是 Upstart 对贷款行业所做的事情。Upstart 使用人工智能和机器学习来更好地评级，为那些通常无法获得消费贷款批准的人评估风险状况和信用度。</blockquote></p><p> Growth is bonkers. Revenue seemed to be decelerating sharply, with slowing growth spurts of 89%, 52%, and 27% in the last three years respectively. Now that consumers are becoming aware of Upstart as a better alternative to payday loans and other predatory lending products, business is skyrocketing. Revenue rose 90% in the first quarter, only to surge 1,018% in its latest report. And no, that's not a typo.</p><p><blockquote>增长是疯狂的。收入似乎急剧放缓，过去三年增长速度分别放缓了 89%、52% 和 27%。现在，消费者开始意识到Upstart是发薪日贷款和其他掠夺性贷款产品的更好替代品，业务正在飙升。第一季度收入增长 90%，但在最新报告中却猛增 1,018%。不，那不是错别字。</blockquote></p><p></p><p> With Upstart now expanding into the auto loans market, the potential for its better alternative to stodgy credit scores is just getting started. The stock has been a seven-bagger through the first three quarters of 2021, but the runway is long for this disruptive jet.</p><p><blockquote>随着Upstart现在扩展到汽车贷款市场，其更好的替代乏味信用评分的潜力才刚刚开始。2021 年前三个季度，该股上涨了七袋，但这架颠覆性喷气式飞机的跑道还很长。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/10/01/3-stocks-that-can-double-again-in-the-fourth-quart/\">The motley fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CROX":"卡骆驰","UPST":"Upstart Holdings, Inc.","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/10/01/3-stocks-that-can-double-again-in-the-fourth-quart/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134305481","content_text":"Key Points\n\nCrocs has jacked up its guidance every quarter this year. It reports again later this month.\nAMC would have to double from here to revisit its June highs. Check the upcoming theatrical release slate to know why movie theaters are about to get a whole lot better.\nUpstart is revolutionizing the way creditworthiness is determined in consumer loans, and it's laughing all the way to the bank.\n\n\nIt's been a volatile year for stocks, but naturally some investments have fared better than others. Over 300 stocks have more than doubled in 2021. Many of those winning investments will be lucky if they can hold those gains through the final three months of the year, but what about the names that have the potential to double again?\nCrocs (NASDAQ:CROX),AMC Entertainment(NYSE:AMC), andUpstart (NASDAQ:UPST)have more than doubled in value through the first nine months of 2021. Let's see why they have what it takes to possibly repeat the feat in the fourth quarter.\n1. Crocs\nRemember those bright rubbery shoes with holes in them? They're back in a big way. Crocs sales are booming since the pandemic began, and the stock is following suit with a 129% increase through the first nine months of 2021.\nThe comfortable resin shoes were already making a comeback before the COVID-19 crisis with double-digit revenue growth in 2019 before repeating the feat in 2020. Momentum is what's really taking Crocs to a higher level in 2021.\nThe year began with the footwear maker projecting 20%-to-25% top-line growth for the entire year back in February. Guidance was bumped higher -- to between 40% and 50% growth -- the following quarter. It happened again this summer, with Crocs now targeting a 60%-to-65% surge in revenue for all of 2021. What do you think will happen if those targets get pushed even higher when it reports third-quarter results later this month?\nDespite a stock that has popped nearly sixfold since the start of 2019, Crocs is reasonably priced given its accelerating growth. It's trading at 21 times this year's earnings and just 17 times next year's target. There's clearly room to increase those multiples, and Wall Street's finally as comfortable with Crocs as an investment as its customers are in its shoes.\n2. AMC Entertainment\nYou may be surprised to find the country's leading multiplex operator on this list, but plot twists are what make movies so good. It's certainly true that AMC Entertainment has appreciated -- in terms of both stock price and a fivefold explosion in shares outstanding -- to the point where its valuation is out of whack relative to its peers'. If you want a pure investing play on the movie theater industry's recovery, you will find more attractively priced stocks toscratchthatitch.\nHowever, as ameme stockand cultural phenomenon it's hard to argue against what AMC has done to translate its popularity among retail investors into a legitimate market share grab in the recovery process. No company has seen its market cap inflate as much as AMC has this year, but this is also a stock that enters the fourth quarter with a stock price that is a little more than half of what it was when it peaked in June. In short, it would have to double from here to revisit its all-time high -- but isn't that always possible with the poster child for 2021 momentum stocks?\nFundamentally speaking, the catalysts are also there.Shang-Chi and the Legend of the Ten Ringsshattered box office records over Labor Day weekend, but the initial excitement fizzled out when subsequent weekends were abysmal. However, it's all about the pipeline. Studios pushed out September releases into October and beyond when the delta variant resulted in a spike in COVID-19 cases. We're now seeing the highly anticipated films start to come back, starting with the new James Bond movie next weekend. The fourth quarter should be a lot stronger for the industry than the naysayers think, and if AMC stock gets back to where it was in early June -- fundamentally earned this time -- it will have to double from here.\n3. Upstart\nI love when industries ripe for disruption get upended, and that's what Upstart is doing with the lending industry. Upstart usesartificial intelligenceand machine learning to make better calls on assessing risk profiles and creditworthiness for folks who don't typically get approved for consumer loans.\nGrowth is bonkers. Revenue seemed to be decelerating sharply, with slowing growth spurts of 89%, 52%, and 27% in the last three years respectively. Now that consumers are becoming aware of Upstart as a better alternative to payday loans and other predatory lending products, business is skyrocketing. Revenue rose 90% in the first quarter, only to surge 1,018% in its latest report. And no, that's not a typo.\nWith Upstart now expanding into the auto loans market, the potential for its better alternative to stodgy credit scores is just getting started. The stock has been a seven-bagger through the first three quarters of 2021, but the runway is long for this disruptive jet.","news_type":1,"symbols_score_info":{"CROX":0.9,"UPST":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":3952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862119187,"gmtCreate":1632842520115,"gmtModify":1632842520226,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"it will interesting to see how roku grows in the next few years","listText":"it will interesting to see how roku grows in the next few years","text":"it will interesting to see how roku grows in the next few years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862119187","repostId":"1138067474","repostType":4,"isVote":1,"tweetType":1,"viewCount":4117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862134370,"gmtCreate":1632842342100,"gmtModify":1632842342228,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"good article :)","listText":"good article :)","text":"good article :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862134370","repostId":"1100255303","repostType":4,"isVote":1,"tweetType":1,"viewCount":3801,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861396283,"gmtCreate":1632454548242,"gmtModify":1632721806603,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"wow such a cool feature!","listText":"wow such a cool feature!","text":"wow such a cool feature!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861396283","repostId":"2169696023","repostType":4,"isVote":1,"tweetType":1,"viewCount":3259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863469360,"gmtCreate":1632412705250,"gmtModify":1632729724052,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"another interesting IPO","listText":"another interesting IPO","text":"another interesting IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863469360","repostId":"1181941187","repostType":4,"repost":{"id":"1181941187","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632410993,"share":"https://www.laohunote.com/m/news/1181941187?lang=zh_CN&edition=full","pubTime":"2021-09-23 23:29","market":"us","language":"en","title":"Remitly Global opens for trading at $53, up about 23% from IPO price<blockquote>Remitly Global 开盘价为 53 美元，较 IPO 价格上涨约 23%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181941187","media":"Tiger Newspress","summary":"(Sept 23) Remitly Global, Inc. opens for trading at $53, up about 23% from IPO price.\nCompany & Tech","content":"<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/RELY\">Remitly Global, Inc.</a> opens for trading at $53, up about 23% from IPO price.</p><p><blockquote>（9月23日）<a href=\"https://laohu8.com/S/RELY\">汇款全球公司。</a>开盘价为 53 美元，较 IPO 价格上涨约 23%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0e4f9fae02046c2dec20410744605a2c\" tg-width=\"903\" tg-height=\"560\" referrerpolicy=\"no-referrer\">Company &amp; Technology</p><p><blockquote>公司与技术</blockquote></p><p> Seattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.</p><p><blockquote>总部位于华盛顿州西雅图的 Remitly 成立的目的是开发一个平台，使人们能够比传统银行服务提供商更轻松、成本更低地进行跨境汇款。</blockquote></p><p> Management is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.</p><p><blockquote>管理层由联合创始人、总裁兼首席执行官马修·奥本海默 (Matthew Oppenheimer) 领导，他自公司成立以来一直在该公司工作，此前曾受雇于跨国银行巴克莱银行（纽约证券交易所股票代码：BCS）。</blockquote></p><p> The company’s primary offerings include:</p><p><blockquote>该公司的主要产品包括：</blockquote></p><p> <ul>  <li>Mobile app</li>  <li>Website</li>  <li>Passbook KYC and identity verification</li> </ul> RELY's coverage map of send and receive countries is shown below:</p><p><blockquote><ul><li>移动应用程序</li><li>网站</li><li>存折KYC和身份验证</li></ul>RELY的发送和接收国家的覆盖地图如下所示：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b7da41517703af76d2ad5767a6f62c3e\" tg-width=\"1280\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Remitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.</p><p><blockquote>Remitly 已从 PayU Fintech Investments、Strips、Threshold Ventures、Generation IM Sustainable Solutions 和 Trilogy Equity Partners 等投资者那里获得了至少 3.9 亿美元的股权投资。</blockquote></p><p> <b>Customer Acquisition</b></p><p><blockquote><b>客户获取</b></blockquote></p><p> The firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.</p><p><blockquote>该公司将发展重点放在寻求在全球范围内汇款和收款的2.8亿移民及其家庭身上。</blockquote></p><p> 85% of the user base interacts primarily through its mobile application.</p><p><blockquote>85%的用户群主要通过其移动应用程序进行互动。</blockquote></p><p> Marketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:</p><p><blockquote>如下图所示，随著收入增加，市场推广开支占总收入的百分比显著下降：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/02aab34075357a711003ef9c015d8c91\" tg-width=\"613\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:</p><p><blockquote>营销效率率（定义为每1美元营销支出产生多少美元额外新收入）于最近报告期内略有上升至1.9倍，如下表所示：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/578ef0f05e558e837af9959d96e698ae\" tg-width=\"609\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Market &amp; Competition</p><p><blockquote>市场与竞争</blockquote></p><p> According to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.</p><p><blockquote>根据Allied Market Research的2020年市场研究报告，2018年全球汇款市场估计为6830亿美元，预计到2026年将达到9300亿美元。</blockquote></p><p> This represents a forecast CAGR of 3.9% from 2019 to 2026.</p><p><blockquote>这意味着2019年至2026年的预测复合年增长率为3.9%。</blockquote></p><p> The main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.</p><p><blockquote>这一预期增长的主要驱动因素是人口迁移的增加和商业汇款的增长，以及更多的企业生产出口商品和服务。</blockquote></p><p> Also, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:</p><p><blockquote>此外，下图显示，至少到 2026 年，银行部门将继续主导全球汇款市场：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac62350b35b880b02943827b083ac10f\" tg-width=\"1280\" tg-height=\"778\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> (Source)</p><p><blockquote>（来源）</blockquote></p><p> Major competitive or other industry participants by type include:</p><p><blockquote>按类型划分的主要竞争或其他行业参与者包括：</blockquote></p><p> <ul>  <li>Traditional providers and banks</li>  <li>Digital-first cross-border providers</li>  <li>Cryptocurrency systems</li>  <li>Person-to-person informal channels</li> </ul> <b>Financial Performance</b></p><p><blockquote><ul><li>传统提供商和银行</li><li>数字优先跨境供应商</li><li>加密货币系统</li><li>人对人的非正式渠道</li></ul><b>财务表现</b></blockquote></p><p> Remitly’s recent financial results can be summarized as follows:</p><p><blockquote>Remitly 近期的财务业绩可总结如下：</blockquote></p><p> <ul>  <li>Sharply growing top line revenue</li>  <li>Increasing gross profit</li>  <li>Variable gross margin within a tight range</li>  <li>Reduced operating losses and negative operating margin</li>  <li>A sharp swing to positive cash flow from operations</li> </ul> Below are relevant financial results derived from the firm’s registration statement:</p><p><blockquote><ul><li>营收急剧增长</li><li>增加毛利</li><li>毛利率在狭窄范围内可变</li><li>减少经营亏损和负经营利润率</li><li>运营现金流急剧转为正</li></ul>以下是公司注册声明中的相关财务业绩：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/aa0ce70faef1b56c76c0740d90699667\" tg-width=\"609\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fbe99db82b3de0dae05dd04c280ae89b\" tg-width=\"612\" tg-height=\"626\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5afee2a5147ec95f52a2d9c6c70566c0\" tg-width=\"614\" tg-height=\"615\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.</p><p><blockquote>截至2021年6月30日，Remitly拥有1.73亿美元现金和1.34亿美元总负债。</blockquote></p><p> Free cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).</p><p><blockquote>截至2021年6月30日的12个月内，自由现金流为负（1060万美元）。</blockquote></p><p> <b>IPO Details</b></p><p><blockquote><b>IPO详情</b></blockquote></p><p> RELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.</p><p><blockquote>RELY 打算以每股 40.00 美元的拟议中间价出售 1220 万股普通股，总收益约为 4.87 亿美元，不包括出售传统承销商期权。</blockquote></p><p> Existing shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.</p><p><blockquote>现有股东 PayU Fintech 已同意以 IPO 价格同时私募购买最多 2500 万美元的股票。</blockquote></p><p> Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.</p><p><blockquote>假设在拟议价格范围的中点成功进行首次公开募股，公司在首次公开募股时的企业价值（不包括承销商期权）将约为 60 亿美元。</blockquote></p><p></p><p> Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p><p><blockquote>撇除承销商期权及私募股份或限制性股票（如有）的影响，流通股与流通股的比率将约为7.53%。低于 10% 的数字通常被认为是 “低流通量 ”股票，可能会受到大幅价格波动的影响。</blockquote></p><p> Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p><p><blockquote>根据该公司最新提交的监管文件，该公司计划将净收益用于以下用途：</blockquote></p><p>   We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.    (Source)  Management’s presentation of the company roadshow isavailable here.</p><p><blockquote>我们目前打算将从本次发行和私募中获得的净收益用于营运资金和其他一般公司用途，其中可能包括营销、技术和产品开发、地理或产品扩张、一般和行政事务以及资本支出。我们还可能将部分所得款项净额用于收购或投资与我们业务互补的技术、解决方案或业务。然而，我们目前并无就日常业务过程之外的任何收购或投资订立协议或承担。(资料来源）管理层对公司路演的介绍可在此处查看。</blockquote></p><p> Regarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.</p><p><blockquote>关于未决法律诉讼，管理层表示，该公司不是任何对其运营或财务状况具有重大影响的法律或监管诉讼的一方。</blockquote></p><p> Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.</p><p><blockquote>此次IPO的上市账簿管理人是高盛、摩根大通和其他投资银行。</blockquote></p><p> <b>Valuation Metrics</b></p><p><blockquote><b>估值指标</b></blockquote></p><p> Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p><p><blockquote>下表列出了该公司首次公开募股时的相关资本和估值指标，不包括承销商期权的影响：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c705850107b99d30d618d9c817fe019\" tg-width=\"610\" tg-height=\"709\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:</p><p><blockquote>作为参考，一个潜在的部分公共可比将是PayPal（PYPL）；以下是其主要估值指标的比较：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04c287d0fe2fe1b0b983b6cb07ad4b59\" tg-width=\"611\" tg-height=\"359\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Commentary</b></p><p><blockquote><b>评论</b></blockquote></p><p> RELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.</p><p><blockquote>RELY正在寻求在美国上市，为其企业扩张计划提供资金。</blockquote></p><p> The firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.</p><p><blockquote>该公司的财务数据显示，营业收入增长强劲，运营亏损减少，负营业利润率降低，运营现金流不断增长。</blockquote></p><p> Free cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).</p><p><blockquote>截至2021年6月30日的12个月的自由现金流为负（1060万美元）。</blockquote></p><p> Marketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.</p><p><blockquote>营销费用占总收入的百分比随着收入的增加而下降，其营销效率在最近一个报告期内增长至1.9倍。</blockquote></p><p> The market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.</p><p><blockquote>提供跨境汇款服务的市场机会非常大，随着移民持续上升和企业生产更多商品用于出口，预计市场机会将会增长。</blockquote></p><p> Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p><p><blockquote>高盛是主承销商，该公司在过去 12 个月内牵头的 IPO 自 IPO 以来平均回报率为 39.5%。这是期内所有主要承销商的中级表现。</blockquote></p><p> The primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.</p><p><blockquote>公司前景面临的主要风险是来自加密货币网络的竞争加剧，尽管这些网络有自己的采用障碍，而且仍处于萌芽阶段。</blockquote></p><p> As for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.</p><p><blockquote>至于估值，与PayPal相比，该公司的收入倍数预期更高，但 RELY 的顶线收入增长速度也要高得多，尽管收入基数低于PayPal。</blockquote></p><p> RELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.</p><p><blockquote>RELY 显然是一家快速增长的公司，即将实现运营收支平衡。然而，该公司面临着来自快速增长的加密货币网络的竞争，Remitly 等公司正在进军传统支付系统。</blockquote></p><p> I’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.</p><p><blockquote>公司的增长给我留下了深刻的印象，但我担心这种增长能否以目前的速度继续下去。</blockquote></p><p> RELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.</p><p><blockquote>RELY 可能是一个很好的投资机会，但我会在场外关注 IPO。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Remitly Global opens for trading at $53, up about 23% from IPO price<blockquote>Remitly Global 开盘价为 53 美元，较 IPO 价格上涨约 23%</blockquote></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\">\nRemitly Global opens for trading at $53, up about 23% from IPO price<blockquote>Remitly Global 开盘价为 53 美元，较 IPO 价格上涨约 23%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-23 23:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 23)&nbsp;<a href=\"https://laohu8.com/S/RELY\">Remitly Global, Inc.</a> opens for trading at $53, up about 23% from IPO price.</p><p><blockquote>（9月23日）<a href=\"https://laohu8.com/S/RELY\">汇款全球公司。</a>开盘价为 53 美元，较 IPO 价格上涨约 23%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0e4f9fae02046c2dec20410744605a2c\" tg-width=\"903\" tg-height=\"560\" referrerpolicy=\"no-referrer\">Company &amp; Technology</p><p><blockquote>公司与技术</blockquote></p><p> Seattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.</p><p><blockquote>总部位于华盛顿州西雅图的 Remitly 成立的目的是开发一个平台，使人们能够比传统银行服务提供商更轻松、成本更低地进行跨境汇款。</blockquote></p><p> Management is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.</p><p><blockquote>管理层由联合创始人、总裁兼首席执行官马修·奥本海默 (Matthew Oppenheimer) 领导，他自公司成立以来一直在该公司工作，此前曾受雇于跨国银行巴克莱银行（纽约证券交易所股票代码：BCS）。</blockquote></p><p> The company’s primary offerings include:</p><p><blockquote>该公司的主要产品包括：</blockquote></p><p> <ul>  <li>Mobile app</li>  <li>Website</li>  <li>Passbook KYC and identity verification</li> </ul> RELY's coverage map of send and receive countries is shown below:</p><p><blockquote><ul><li>移动应用程序</li><li>网站</li><li>存折KYC和身份验证</li></ul>RELY的发送和接收国家的覆盖地图如下所示：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b7da41517703af76d2ad5767a6f62c3e\" tg-width=\"1280\" tg-height=\"610\" referrerpolicy=\"no-referrer\">Remitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.</p><p><blockquote>Remitly 已从 PayU Fintech Investments、Strips、Threshold Ventures、Generation IM Sustainable Solutions 和 Trilogy Equity Partners 等投资者那里获得了至少 3.9 亿美元的股权投资。</blockquote></p><p> <b>Customer Acquisition</b></p><p><blockquote><b>客户获取</b></blockquote></p><p> The firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.</p><p><blockquote>该公司将发展重点放在寻求在全球范围内汇款和收款的2.8亿移民及其家庭身上。</blockquote></p><p> 85% of the user base interacts primarily through its mobile application.</p><p><blockquote>85%的用户群主要通过其移动应用程序进行互动。</blockquote></p><p> Marketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:</p><p><blockquote>如下图所示，随著收入增加，市场推广开支占总收入的百分比显著下降：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/02aab34075357a711003ef9c015d8c91\" tg-width=\"613\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:</p><p><blockquote>营销效率率（定义为每1美元营销支出产生多少美元额外新收入）于最近报告期内略有上升至1.9倍，如下表所示：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/578ef0f05e558e837af9959d96e698ae\" tg-width=\"609\" tg-height=\"241\" referrerpolicy=\"no-referrer\">Market &amp; Competition</p><p><blockquote>市场与竞争</blockquote></p><p> According to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.</p><p><blockquote>根据Allied Market Research的2020年市场研究报告，2018年全球汇款市场估计为6830亿美元，预计到2026年将达到9300亿美元。</blockquote></p><p> This represents a forecast CAGR of 3.9% from 2019 to 2026.</p><p><blockquote>这意味着2019年至2026年的预测复合年增长率为3.9%。</blockquote></p><p> The main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.</p><p><blockquote>这一预期增长的主要驱动因素是人口迁移的增加和商业汇款的增长，以及更多的企业生产出口商品和服务。</blockquote></p><p> Also, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:</p><p><blockquote>此外，下图显示，至少到 2026 年，银行部门将继续主导全球汇款市场：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac62350b35b880b02943827b083ac10f\" tg-width=\"1280\" tg-height=\"778\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> (Source)</p><p><blockquote>（来源）</blockquote></p><p> Major competitive or other industry participants by type include:</p><p><blockquote>按类型划分的主要竞争或其他行业参与者包括：</blockquote></p><p> <ul>  <li>Traditional providers and banks</li>  <li>Digital-first cross-border providers</li>  <li>Cryptocurrency systems</li>  <li>Person-to-person informal channels</li> </ul> <b>Financial Performance</b></p><p><blockquote><ul><li>传统提供商和银行</li><li>数字优先跨境供应商</li><li>加密货币系统</li><li>人对人的非正式渠道</li></ul><b>财务表现</b></blockquote></p><p> Remitly’s recent financial results can be summarized as follows:</p><p><blockquote>Remitly 近期的财务业绩可总结如下：</blockquote></p><p> <ul>  <li>Sharply growing top line revenue</li>  <li>Increasing gross profit</li>  <li>Variable gross margin within a tight range</li>  <li>Reduced operating losses and negative operating margin</li>  <li>A sharp swing to positive cash flow from operations</li> </ul> Below are relevant financial results derived from the firm’s registration statement:</p><p><blockquote><ul><li>营收急剧增长</li><li>增加毛利</li><li>毛利率在狭窄范围内可变</li><li>减少经营亏损和负经营利润率</li><li>运营现金流急剧转为正</li></ul>以下是公司注册声明中的相关财务业绩：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/aa0ce70faef1b56c76c0740d90699667\" tg-width=\"609\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fbe99db82b3de0dae05dd04c280ae89b\" tg-width=\"612\" tg-height=\"626\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5afee2a5147ec95f52a2d9c6c70566c0\" tg-width=\"614\" tg-height=\"615\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.</p><p><blockquote>截至2021年6月30日，Remitly拥有1.73亿美元现金和1.34亿美元总负债。</blockquote></p><p> Free cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).</p><p><blockquote>截至2021年6月30日的12个月内，自由现金流为负（1060万美元）。</blockquote></p><p> <b>IPO Details</b></p><p><blockquote><b>IPO详情</b></blockquote></p><p> RELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.</p><p><blockquote>RELY 打算以每股 40.00 美元的拟议中间价出售 1220 万股普通股，总收益约为 4.87 亿美元，不包括出售传统承销商期权。</blockquote></p><p> Existing shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.</p><p><blockquote>现有股东 PayU Fintech 已同意以 IPO 价格同时私募购买最多 2500 万美元的股票。</blockquote></p><p> Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.</p><p><blockquote>假设在拟议价格范围的中点成功进行首次公开募股，公司在首次公开募股时的企业价值（不包括承销商期权）将约为 60 亿美元。</blockquote></p><p></p><p> Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p><p><blockquote>撇除承销商期权及私募股份或限制性股票（如有）的影响，流通股与流通股的比率将约为7.53%。低于 10% 的数字通常被认为是 “低流通量 ”股票，可能会受到大幅价格波动的影响。</blockquote></p><p> Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p><p><blockquote>根据该公司最新提交的监管文件，该公司计划将净收益用于以下用途：</blockquote></p><p>   We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.    (Source)  Management’s presentation of the company roadshow isavailable here.</p><p><blockquote>我们目前打算将从本次发行和私募中获得的净收益用于营运资金和其他一般公司用途，其中可能包括营销、技术和产品开发、地理或产品扩张、一般和行政事务以及资本支出。我们还可能将部分所得款项净额用于收购或投资与我们业务互补的技术、解决方案或业务。然而，我们目前并无就日常业务过程之外的任何收购或投资订立协议或承担。(资料来源）管理层对公司路演的介绍可在此处查看。</blockquote></p><p> Regarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.</p><p><blockquote>关于未决法律诉讼，管理层表示，该公司不是任何对其运营或财务状况具有重大影响的法律或监管诉讼的一方。</blockquote></p><p> Listed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.</p><p><blockquote>此次IPO的上市账簿管理人是高盛、摩根大通和其他投资银行。</blockquote></p><p> <b>Valuation Metrics</b></p><p><blockquote><b>估值指标</b></blockquote></p><p> Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p><p><blockquote>下表列出了该公司首次公开募股时的相关资本和估值指标，不包括承销商期权的影响：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2c705850107b99d30d618d9c817fe019\" tg-width=\"610\" tg-height=\"709\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:</p><p><blockquote>作为参考，一个潜在的部分公共可比将是PayPal（PYPL）；以下是其主要估值指标的比较：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/04c287d0fe2fe1b0b983b6cb07ad4b59\" tg-width=\"611\" tg-height=\"359\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Commentary</b></p><p><blockquote><b>评论</b></blockquote></p><p> RELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.</p><p><blockquote>RELY正在寻求在美国上市，为其企业扩张计划提供资金。</blockquote></p><p> The firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.</p><p><blockquote>该公司的财务数据显示，营业收入增长强劲，运营亏损减少，负营业利润率降低，运营现金流不断增长。</blockquote></p><p> Free cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).</p><p><blockquote>截至2021年6月30日的12个月的自由现金流为负（1060万美元）。</blockquote></p><p> Marketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.</p><p><blockquote>营销费用占总收入的百分比随着收入的增加而下降，其营销效率在最近一个报告期内增长至1.9倍。</blockquote></p><p> The market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.</p><p><blockquote>提供跨境汇款服务的市场机会非常大，随着移民持续上升和企业生产更多商品用于出口，预计市场机会将会增长。</blockquote></p><p> Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p><p><blockquote>高盛是主承销商，该公司在过去 12 个月内牵头的 IPO 自 IPO 以来平均回报率为 39.5%。这是期内所有主要承销商的中级表现。</blockquote></p><p> The primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.</p><p><blockquote>公司前景面临的主要风险是来自加密货币网络的竞争加剧，尽管这些网络有自己的采用障碍，而且仍处于萌芽阶段。</blockquote></p><p> As for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.</p><p><blockquote>至于估值，与PayPal相比，该公司的收入倍数预期更高，但 RELY 的顶线收入增长速度也要高得多，尽管收入基数低于PayPal。</blockquote></p><p> RELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.</p><p><blockquote>RELY 显然是一家快速增长的公司，即将实现运营收支平衡。然而，该公司面临着来自快速增长的加密货币网络的竞争，Remitly 等公司正在进军传统支付系统。</blockquote></p><p> I’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.</p><p><blockquote>公司的增长给我留下了深刻的印象，但我担心这种增长能否以目前的速度继续下去。</blockquote></p><p> RELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.</p><p><blockquote>RELY 可能是一个很好的投资机会，但我会在场外关注 IPO。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RELY":"Remitly Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181941187","content_text":"(Sept 23) Remitly Global, Inc. opens for trading at $53, up about 23% from IPO price.\nCompany & Technology\nSeattle, Washington-based Remitly was founded to develop a platform to enable people to send cross-border remittances more easily and at a lower cost than traditional banking service providers.\nManagement is headed by co-founder, president and CEO Matthew Oppenheimer, who has been with the firm since inception and was previously employed by Barclays PLC(NYSE:BCS), a multinational bank.\nThe company’s primary offerings include:\n\nMobile app\nWebsite\nPassbook KYC and identity verification\n\nRELY's coverage map of send and receive countries is shown below:\nRemitly has received at least $390 million in equity investment from investors including PayU Fintech Investments, Strips, Threshold Ventures, Generation IM Sustainable Solutions, and Trilogy Equity Partners.\nCustomer Acquisition\nThe firm focuses its development efforts on the over 280 million immigrants and their families who seek to send and receive money worldwide.\n85% of the user base interacts primarily through its mobile application.\nMarketing expenses as a percentage of total revenue have dropped markedly as revenues have increased, as the figures below indicate:\nThe Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Marketing spend, rose slightly to 1.9x in the most recent reporting period, as shown in the table below:\nMarket & Competition\nAccording to a 2020 marketresearch reportby Allied Market Research, the global remittance market was an estimated $683 billion in 2018 and is forecast to reach $930 billion by 2026.\nThis represents a forecast CAGR of 3.9% from 2019 to 2026.\nThe main drivers for this expected growth are an increase in population migration and growth in business remittances and more businesses producing goods and services for export.\nAlso, the chart below indicates that the bank segment will continue to dominate the global remittance market, at least through 2026:\n\n(Source)\nMajor competitive or other industry participants by type include:\n\nTraditional providers and banks\nDigital-first cross-border providers\nCryptocurrency systems\nPerson-to-person informal channels\n\nFinancial Performance\nRemitly’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit\nVariable gross margin within a tight range\nReduced operating losses and negative operating margin\nA sharp swing to positive cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of June 30, 2021, Remitly had $173 million in cash and $134 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($10.6 million).\nIPO Details\nRELY intends to sell 12.2 million shares of common stock at a proposed midpoint price of $40.00 per share for gross proceeds of approximately $487 million, not including the sale of customary underwriter options.\nExisting shareholder PayU Fintech has agreed to purchase shares of up to $25.0 million in a concurrent private placement at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $6.0 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 7.53%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n We currently intend to use the net proceeds we receive from this offering and the private placement for working capital and other general corporate purposes, which may include marketing, technology and product development, geographic or product expansions, general and administrative matters, and capital expenditures. We may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions, or businesses that complement our business. However, we do not have agreements or commitments for any acquisitions or investments outside the ordinary course of business at this time.\n\n\n (Source)\n\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management said the firm is not party to any legal or regulatory proceedings that would be material to its operations or financial condition.\nListed bookrunners of the IPO are Goldman Sachs, J.P. Morgan, and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\nAs a reference, a potential partial public comparable would be PayPal (PYPL); shown below is a comparison of their primary valuation metrics:\n\nCommentary\nRELY is seeking to go public in the U.S. to provide capital for its corporate expansion plans.\nThe firm’s financials show strong top line revenue growth, reduced operating losses, and lowered negative operating margin and growing cash flow from operations.\nFree cash flow for the twelve months ended June 30, 2021, was negative ($10.6 million).\nMarketing expenses as a percentage of total revenue have dropped as revenue has increased and its Marketing efficiency rate grew to 1.9x in the most recent report period.\nThe market opportunity for providing cross-border remittance services is very large and expected to grow as immigration continues to rise and businesses produce more goods for export.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is increased competition from cryptocurrency networks, although these networks have their own adoption hurdles and are still nascent.\nAs for valuation, compared to PayPal, the firm’s revenue multiple expectation is higher, but RELY is also growing top line revenue at a much higher rate, although on a lower revenue base than PayPal.\nRELY is clearly a fast-growing company that is approaching operating breakeven. However, the firm faces competition from fast-growing cryptocurrency networks which are making inroads into the traditional payment rails by companies such as Remitly.\nI’m impressed by the firm’s growth but concerned as to whether that growth can continue at its present rate.\nRELY is probably a fine investment opportunity, but I'll watch the IPO from the sidelines.","news_type":1,"symbols_score_info":{"RELY":0.9}},"isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863575711,"gmtCreate":1632409114933,"gmtModify":1632730790013,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"amazon is indeed good to buy and hold","listText":"amazon is indeed good to buy and hold","text":"amazon is indeed good to buy and hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863575711","repostId":"2169667599","repostType":4,"isVote":1,"tweetType":1,"viewCount":2793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863575272,"gmtCreate":1632409088796,"gmtModify":1632730796013,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"being an AI compny in the finance industry,&nbsp;Upstart has promising potential","listText":"being an AI compny in the finance industry,&nbsp;Upstart has promising potential","text":"being an AI compny in the finance industry, Upstart has promising potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863575272","repostId":"2169664162","repostType":4,"isVote":1,"tweetType":1,"viewCount":3187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863114792,"gmtCreate":1632363784616,"gmtModify":1632800896653,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"indeed, a favourable regulatory environment is important for new markets such as the EV market","listText":"indeed, a favourable regulatory environment is important for new markets such as the EV market","text":"indeed, a favourable regulatory environment is important for new markets such as the EV market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863114792","repostId":"2169668181","repostType":4,"isVote":1,"tweetType":1,"viewCount":2961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863115786,"gmtCreate":1632363731545,"gmtModify":1632800897513,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"would be interesting to see if Nokia can successfully reinvent itself and be a major 5G player","listText":"would be interesting to see if Nokia can successfully reinvent itself and be a major 5G player","text":"would be interesting to see if Nokia can successfully reinvent itself and be a major 5G player","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863115786","repostId":"2169865782","repostType":4,"isVote":1,"tweetType":1,"viewCount":1157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863115155,"gmtCreate":1632363694677,"gmtModify":1632800898006,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"is this a supported surge in price or just emotional buying…","listText":"is this a supported surge in price or just emotional buying…","text":"is this a supported surge in price or just emotional buying…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863115155","repostId":"1126640945","repostType":4,"repost":{"id":"1126640945","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632360999,"share":"https://www.laohunote.com/m/news/1126640945?lang=zh_CN&edition=full","pubTime":"2021-09-23 09:36","market":"hk","language":"en","title":"Evergrande shares surged more than 30% in Hong Kong market<blockquote>恒大股价在香港市场飙升30%以上</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126640945","media":"Tiger Newspress","summary":"Evergrande shares surged more than 30% in Hong Kong market.","content":"<p>Evergrande&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;30%&nbsp;in&nbsp;Hong&nbsp;Kong&nbsp;market.</p><p><blockquote>恒大股价在香港市场飙升超过30%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6badddd64f3eeb104283bc6b19b2aef4\" tg-width=\"892\" tg-height=\"634\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande shares surged more than 30% in Hong Kong market<blockquote>恒大股价在香港市场飙升30%以上</blockquote></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\">\nEvergrande shares surged more than 30% in Hong Kong market<blockquote>恒大股价在香港市场飙升30%以上</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-23 09:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Evergrande&nbsp;shares&nbsp;surged&nbsp;more&nbsp;than&nbsp;30%&nbsp;in&nbsp;Hong&nbsp;Kong&nbsp;market.</p><p><blockquote>恒大股价在香港市场飙升超过30%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6badddd64f3eeb104283bc6b19b2aef4\" tg-width=\"892\" tg-height=\"634\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126640945","content_text":"Evergrande shares surged more than 30% in Hong Kong market.","news_type":1,"symbols_score_info":{"03333":0.9}},"isVote":1,"tweetType":1,"viewCount":1491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863112553,"gmtCreate":1632363662472,"gmtModify":1632800898371,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"digital twins are capable of providing real-time asset&nbsp;performance data, enabling more efficient asset management which can encourage less wastage,&nbsp;less energy usage and boost sustainability&nbsp;","listText":"digital twins are capable of providing real-time asset&nbsp;performance data, enabling more efficient asset management which can encourage less wastage,&nbsp;less energy usage and boost sustainability&nbsp;","text":"digital twins are capable of providing real-time asset performance data, enabling more efficient asset management which can encourage less wastage, less energy usage and boost sustainability","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863112553","repostId":"2169663845","repostType":4,"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863006597,"gmtCreate":1632326310219,"gmtModify":1632801181592,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"the evergrande issue is indeed a big concern","listText":"the evergrande issue is indeed a big concern","text":"the evergrande issue is indeed a big concern","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863006597","repostId":"1193835698","repostType":4,"repost":{"id":"1193835698","kind":"news","pubTimestamp":1632311844,"share":"https://www.laohunote.com/m/news/1193835698?lang=zh_CN&edition=full","pubTime":"2021-09-22 19:57","market":"us","language":"en","title":"Don’t fret over a market downturn: Here’s what the final months of 2021 could look like for your retirement investments<blockquote>不要担心市场低迷： 2021 年最后几个月您的退休投资可能会是什么样子</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193835698","media":"US today","summary":"Financial markets are suddenly turbulent again.\nFollowing a brief but devastating crash in March 202","content":"<p>Financial markets are suddenly turbulent again.</p><p><blockquote>金融市场突然再次动荡。</blockquote></p><p> Following a brief but devastating crash in March 2020, stocks and other investments had glided ever higher and touched new records, seemingly impervious to an endless stream of bad news about COVID and a historic wave of unemployment during the pandemic fueled recession. If you checked your 401(1) or your Robinhood account during that time, many investors saw a bigger net balance.</p><p><blockquote>在 2020 年 3 月经历了一场短暂但毁灭性的崩盘后，股票和其他投资不断走高并创下新纪录，似乎没有受到有关 COVID 的无休止的坏消息和疫情引发的经济衰退期间历史性失业浪潮的影响。如果您在此期间检查您的 401(1) 或 Robinhood 账户，许多投资者会看到更大的净余额。</blockquote></p><p> That is, until this month.</p><p><blockquote>也就是直到这个月。</blockquote></p><p> Global financial markets have wavered in recent weeks, slumping across the board Monday in what was one of the worst days of the year. An array of concerns about the global economy converged to drag down stocks, and some Wall Street experts worry it may upend Wall Street’s streak of gains.</p><p><blockquote>全球金融市场最近几周波动不定，周一全面暴跌，这是今年最糟糕的一天之一。对全球经济的一系列担忧共同拖累了股市，一些华尔街专家担心这可能会颠覆华尔街的连胜势头。</blockquote></p><p> At one point on Monday, the blue-chip Dow Jones industrial average dropped by as many as 972 points before closing down 614 points. Investors worried about the pace of global growth, possible damage to markets from indebted real-estate developers in China and fears about Federal Reserve policies that could emerge from the central bank's meeting this week.</p><p><blockquote>周一，蓝筹股道琼斯工业平均指数一度下跌972点，收盘下跌614点。投资者担心全球增长速度、中国负债的房地产开发商可能对市场造成的损害，以及对美联储本周会议可能出现的政策的担忧。</blockquote></p><p> So does this mean trouble for your nest egg? Don’t freak out just yet, experts say.</p><p><blockquote>那么这对你的储蓄来说意味着麻烦吗？专家说，先别惊慌。</blockquote></p><p> Here's what the stock market is signaling about the rest of the year.</p><p><blockquote>以下是股市对今年剩余时间的信号。</blockquote></p><p> <b>What's caused stock market volatility?</b></p><p><blockquote><b>是什么导致了股市波动？</b></blockquote></p><p> While there are whispers of a Lehman Brothers-like crisis brewing overseas, most financial experts said those troubles appear contained.</p><p><blockquote>尽管有传言称海外正在酝酿类似雷曼兄弟的危机，但大多数金融专家表示，这些麻烦似乎得到了控制。</blockquote></p><p> Those fears are part of a series of factors that have weighed on investors in recent weeks, putting the S&amp;P 500 -- the benchmark used for most mutual funds -- on track for its first monthly decline since January. Cryptocurrencies also came under further pressure Monday, with bitcoin, the world’s most popular digital currency, slumping by more than 7%.</p><p><blockquote>这些担忧是最近几周给投资者带来压力的一系列因素的一部分，这使得大多数共同基金使用的基准标普500有望出现自一月份以来的首次月度下跌。周一，加密货币也进一步承压，全球最受欢迎的数字货币比特币暴跌超过 7%。</blockquote></p><p> Worries about debt-engorged Chinese property developers — and the damage they could do to investors worldwide if they default — have rippled across global markets. Those concerns have centered on Evergrande, one of China’s biggest real estate developers, which looks like it may be unable to repay its debts.</p><p><blockquote>对负债累累的中国房地产开发商的担忧——以及如果它们违约可能对全球投资者造成的损害——波及全球市场。这些担忧集中在中国最大的房地产开发商之一恒大身上，该公司看起来可能无力偿还债务。</blockquote></p><p> The fear is that Evergrande could collapse, causing a chain reaction through the Chinese property-development industry that spills over into the broader financial system, similar to how the failure of Lehman Brothers inflamed the 2008 financial crisis and Great Recession. Those Chinese property companies have been big drivers of that nation's economy, which is the world’s second-largest.</p><p><blockquote>人们担心恒大可能会倒闭，引发整个中国房地产开发行业的连锁反应，并蔓延到更广泛的金融体系，类似于雷曼兄弟的倒闭引发2008年金融危机和大衰退的方式。这些中国房地产公司一直是中国经济的重要推动力，中国是世界第二大经济体。</blockquote></p><p> But analysts expect China’s government to prevent such a scenario, avoiding a Lehman-type moment, they said. For example, China’s short-term debt markets, also known as money markets, aren’t showing any worrisome signs of broader problems, according to Ryan Detrick, chief market strategist at LPL Financial. In a note to clients, he said these markets tend to be the canary in the coal mine and that the fallout appears to be fairly contained as of now.</p><p><blockquote>但分析人士表示，他们预计中国政府将防止这种情况发生，避免出现雷曼兄弟式的时刻。例如，LPL Financial 首席市场策略师 Ryan Detrick 认为，中国的短期债务市场（也称为货币市场）并没有显示出任何令人担忧的更广泛问题迹象。他在给客户的一份报告中表示，这些市场往往是煤矿中的金丝雀，到目前为止，影响似乎得到了相当大的控制。</blockquote></p><p> “Short-term funding markets are acting just fine in China thus far,\" Detrick wrote. \"Remember, it was the money markets in the U.S. that first started to show cracks in the system in early 2008, well before the wheels fell off.”</p><p><blockquote>“德特里克写道：”到目前为止，中国的短期融资市场表现还算不错。“请记住，早在2008年初，美国的货币市场就开始出现体系的裂缝，远在车轮脱落之前。”</blockquote></p><p> Investors are also concerned that the Fed, which is due to deliver its latest economic and interest rate policy update on Wednesday, may signal Wednesday that it’s planning to pull back some of the support measures it provided markets and the economy.</p><p><blockquote>投资者还担心，美联储将于周三发布最新的经济和利率政策更新，美联储可能会在周三发出信号，表示计划撤回为市场和经济提供的一些支持措施。</blockquote></p><p> A potential rise in interest rates has implications for the stock market and could make shares of companies with relatively high prices less attractive. Those types of stocks tend to be technology companies that are priced typically for growth and not for a steady return of dividends like consumer staples, utilities and real estate companies.</p><p><blockquote>利率的潜在上升会对股市产生影响，并可能降低价格相对较高的公司股票的吸引力。这些类型的股票往往是科技公司，其定价通常是为了增长，而不是像消费品、公用事业和房地产公司那样为了稳定的股息回报。</blockquote></p><p> In addition to Fed fears, the COVID-19 pandemic continues to weigh on the global economy. Congress also faces a looming deadline at the end of the month before the government may shut down.</p><p><blockquote>除了美联储的担忧之外，新冠肺炎疫情继续给全球经济带来压力。在政府关门之前，国会还面临着迫在眉睫的最后期限。</blockquote></p><p> Despite concerns that Americans may reign in their spending following supply shortages and a flare-up of COVID-19 infections fueled by the delta variant, purchasing power has remained strong. That could help mitigate expectations for a slowdown in economic growth in the third quarter, as consumer spending accounts for more than two-thirds of U.S. economy activity.</p><p><blockquote>尽管人们担心美国人可能会在供应短缺和德尔塔变异毒株引发的 COVID-19 感染爆发后控制支出，但购买力仍然强劲。这可能有助于缓解对第三季度经济增长放缓的预期，因为消费者支出占美国经济活动的三分之二以上。</blockquote></p><p> U.S. retail sales unexpectedly rose 0.7% in August, the Commerce Department said last week, helped by back-to-school shopping and additional stimulus through child tax credit payments from the IRS. Sales up 15.1% from the same period a year ago.</p><p><blockquote>美国商务部上周表示，得益于返校购物和国税局通过儿童税收抵免支付提供的额外刺激措施，美国 8 月份零售额意外增长 0.7%。销售额比去年同期增长15.1%。</blockquote></p><p> Consumer confidence has remained strong following a jump in personal income, which has helped the savings rate remain elevated. Last month, a separate report from the Commerce Department showed that incomes outpaced spending in July, with the personal savings rate climbing to 9.6%, up from 8.8% in June.</p><p><blockquote>随着个人收入的增长，消费者信心依然强劲，这有助于储蓄率保持在较高水平。上个月，商务部的另一份报告显示，7 月份收入超过支出，个人储蓄率从 6 月份的 8.8% 攀升至 9.6%。</blockquote></p><p></p><p> <b>Stocks face bumpy road after record run, but are poised to march higher</b></p><p><blockquote><b>股市在创纪录上涨后面临坎坷之路，但有望走高</b></blockquote></p><p> The U.S. stock market has remained resilient despite concerns about the economic effects of the spread of the delta coronavirus variant and worries about how the Fed will react to rising inflation. In fact, the S&amp;P 500 has rallied more than 90% since the pandemic-fueled sell-off in March 2020.</p><p><blockquote>尽管对德尔塔新冠病毒变异毒株扩散的经济影响感到担忧，并担心美联储将如何应对通胀上升，但美国股市仍保持弹性。事实上，自 2020 年 3 月疫情引发的抛售以来，标普500已上涨 90% 以上。</blockquote></p><p> September, however, has proven to be a tough month for financial markets, with major stock averages retreating for a third straight week. The month is also historically the weakest of the year for the stock market, averaging a 0.4% decline, according to the Stock Trader’s Almanac.</p><p><blockquote>然而，事实证明，9 月份对金融市场来说是一个艰难的月份，主要股票平均指数连续第三周下跌。根据《股票交易员年鉴》（The Stock Trader's Almanac）的数据，本月也是股市历史上最弱的月份，平均下跌了 0.4%。</blockquote></p><p> Some analysts said such a decline was due, and any hint of uncertainty may be enough to upset Wall Street as stocks have continued to march higher since October 2020.</p><p><blockquote>一些分析师表示，这样的下跌是理所当然的，任何不确定性的暗示都可能足以让华尔街感到不安，因为自 2020 年 10 月以来，股市持续走高。</blockquote></p><p> The S&amp;P 500, for instance, hasn’t had a 5% drop from a peak since October, and the nearly unstoppable rise has left stocks looking more expensive and with less room for error.</p><p><blockquote>例如，标普500自 10 月份以来从未从峰值下跌过 5%，而几乎不可阻挡的上涨使得股市看起来更加昂贵，出错的空间也更小。</blockquote></p><p> The stock market typically sees about three 5%-plus falls a year on average. That makes the market more vulnerable in the near term following some signs of investor complacency, analysts say.</p><p><blockquote>股市平均每年下跌约三次 5% 以上。分析师表示，在出现一些投资者自满的迹象后，这使得市场在短期内更加脆弱。</blockquote></p><p> Heading into Wednesday, the S&amp;P 500 was about 4% below its record high set on Sept. 2. Both the Dow and the Nasdaq were 4.8% and 4% from their respective all-time highs.</p><p><blockquote>截至周三，标普500比 9 月 2 日创下的历史高点低约 4%。道琼斯指数和纳斯达克指数均较各自的历史高点下跌 4.8% 和 4%。</blockquote></p><p> “This kind of a pullback is normal behavior for markets on bad news and therefore a rational response to real but contained risks. As crashes go, this could be much worse,” Brad McMillan, chief investment officer at investment adviser Commonwealth Financial Network, said in a note to clients.</p><p><blockquote>“投资顾问公司联邦金融网络（Commonwealth Financial Network）首席投资官布拉德-麦克米兰（Brad McMillan）在给客户的一份报告中说：”这种回调是市场在坏消息时的正常行为，因此也是对真实但有控制风险的理性反应。随着崩盘的发生，情况可能会更糟。</blockquote></p><p> <b>Market pullbacks provide a buying opportunity, experts say</b></p><p><blockquote><b>专家表示，市场回调提供了买入机会</b></blockquote></p><p> Heading into this week, about 68% of investors thought there would be at least a 5% correction in stock markets before year-end, according to a recent Deutsche Bank survey.</p><p><blockquote>根据德意志银行最近的一项调查，进入本周，约 68% 的投资者认为年底前股市至少会出现 5% 的调整。</blockquote></p><p> Through Sept. 2 when the S&amp;P 500 last hit a record high, it had been 293 calendar days since the broad stock average had gone without a drop of 5% or more, according to investment research firm CFRA. That bucks a historical trend. Since World War II, the average is 178 calendar days.</p><p><blockquote>投资研究公司 CFRA 的数据显示，截至 9 月 2 日标普500上次创下历史新高时，已经有 293 个日历日没有下跌 5% 或以上。这与历史趋势背道而驰。自第二次世界大战以来，平均是178个日历日。</blockquote></p><p> Though any weakness could present an opportunity for investors to scoop up more stocks at lower prices, or investors could at least hold steady in their retirement accounts, money managers and personal finance experts say.</p><p><blockquote>基金经理和个人理财专家表示，尽管任何疲软都可能为投资者提供以较低价格买入更多股票的机会，或者投资者至少可以保持稳定的退休账户。</blockquote></p><p> “It’s normal for the market to encounter downturns — dips, corrections and crashes — but with time it will rebound,” Tiffany Lam-Balfour, investing spokesperson at personal finance site NerdWallet, said in a note. “Even though it might be hard, sitting tight and trying not to panic will keep you from making any rash decisions you might regret later on.”</p><p><blockquote>“个人理财网站 NerdWallet 的投资发言人蒂芙尼-林-贝尔福（Tiffany Lam-Balfour）在一份报告中说：”市场遇到低迷--下跌、调整和崩盘--是正常的，但随着时间的推移，市场会反弹。“尽管这可能很难，但保持冷静，尽量不要惊慌，这样你就不会做出任何草率的决定，以免日后后悔。”</blockquote></p><p> With investments, the golden rule is “buy low, sell high,” Lam-Balfour explained. So for those investors who have extra cash lying around, it’s actually a great opportunity to consider scooping up shares at cheaper prices, she added.</p><p><blockquote>Lam-Balfour 解释说，投资的黄金法则是 “低买高卖”。她补充说，因此，对于那些手头有多余现金的投资者来说，这实际上是一个考虑以更便宜的价格买入股票的好机会。</blockquote></p><p> Last week, analysts at Goldman Sachs forecast that the S&amp;P 500 would end 2021 at 4,700, or a nearly 8% rise from Tuesday’s close. And the market is expected to continue to grind higher next year. The bank expects the S&amp;P 500 will end at 4,900 in 2022.</p><p><blockquote>上周，高盛分析师预测，2021 年底标普500将达到 4700 点，比周二收盘价上涨近 8%。预计明年市场将继续走高。该银行预计 2022 年标普500将达到 4,900 人。</blockquote></p><p> <b>Signs of weakness have lurked, but you shouldn't worry.</b></p><p><blockquote><b>软弱的迹象已经潜伏，但你不应该担心。</b></blockquote></p><p> Still, a shift has taken place beneath the stock market's surface in recent months, and that means the all-time highs in stocks might be in jeopardy, analysts say.</p><p><blockquote>尽管如此，分析师表示，近几个月来股市表面之下发生了转变，这意味着股市的历史高点可能面临危险。</blockquote></p><p> Wall Street watchers point to this concern: Fewer stocks are part of the market rally, a trend that is often viewed as a warning sign for investors.</p><p><blockquote>华尔街观察人士指出了这种担忧：参与市场反弹的股票越来越少，这一趋势通常被视为投资者的警告信号。</blockquote></p><p> So why should you care? In general, market breadth, or how many stocks are participating in the rally, has deteriorated recently, which could signal a pessimistic shift in investor attitudes after they remained largely optimistic in the market boom this year.</p><p><blockquote>那你为什么要在乎呢？总体而言，市场广度或参与反弹的股票数量最近有所恶化，这可能表明投资者在对今年的市场繁荣基本保持乐观之后，态度发生了悲观的转变。</blockquote></p><p> Nearly 30% of stocks in the index have already moved below their 200-day average, according to Willie Delwiche, investment strategist at market research firm All Star Charts. The 200-day moving average steps back and signals how things look from higher up.</p><p><blockquote>市场研究公司 All Star Charts 的投资策略师 Willie Delwiche 表示，该指数中近 30% 的股票已经跌破 200 天平均水平。200 日移动平均线向后移动，表明从更高的角度来看情况。</blockquote></p><p> The Evergrande situation wasn’t the primary reason for Monday’s sell-off as several other worries have been lurking underneath the stock market’s surface for months, analysts say.</p><p><blockquote>分析师说，恒大的情况并不是周一抛售的主要原因，因为几个月来，股市表面之下还潜伏着其他几个担忧。</blockquote></p><p> “The Evergrande news is probably the trigger, but not the cause, of the small pullback we have seen,” McMillan of Commonwealth Financial Network said in a note. “Markets have been unusually steady in recent months, and a pullback was overdue.”</p><p><blockquote>“联邦金融网络（Commonwealth Financial Network）的麦克米伦（McMillan）在一份报告中说：”恒大的消息可能是我们所看到的小幅回调的导火索，但不是原因。“近几个月来，市场异常稳定，早就应该回调了。”</blockquote></p><p></p><p> On Monday, the S&amp;P 500 closed below its 50-day moving average, a shorter-term gauge which calculates the average price of stocks over that stretch, for the second consecutive day, breaking a streak that had held for the duration of 2021 and was the longest since a streak that ended in 1996, according to LPL Financial.</p><p><blockquote>周一，标普500连续第二天收盘低于 50 天移动平均线（一种计算该时期股票平均价格的短期指标），打破了 2021 年的连败纪录，并且是自 LPL Financial 以来最长的连败纪录。</blockquote></p><p> But this streak was rare and the dip was bound to happen because it isn’t sustainable for the S&amp;P 500 to stay above such a short-term moving average for a long period of time, according to Detrick of LPL Financial. He argues that the ability for the broad index to hold above that threshold for as long as it did is actually a sign of strength.</p><p><blockquote>但 LPL Financial 的 Detrick 认为，这种连胜是罕见的，而且下跌是必然的，因为标普500长期保持在这样的短期移动平均线之上是不可持续的。他认为，综合指数能够长时间保持在该阈值之上，实际上是实力的标志。</blockquote></p><p> He also doesn’t foresee that the issues with Evergrande or potential upcoming changes to the Fed’s policy are likely to derail the bull market, which is now in its second year after stocks bottomed in March 2020 during the pandemic-fueled selloff.</p><p><blockquote>他也不预见恒大的问题或美联储即将做出的政策变化可能会破坏牛市，牛市在 2020 年 3 月大流行病引发的抛售中触底后，牛市已进入第二年。</blockquote></p><p> “We’ve warned a pullback may be coming,” Detrick said in a note to clients. “However, the fact is that most years experience more volatility than we have seen so far in 2021, and we would likely view a further pullback as a buying opportunity going into the fourth quarter.”</p><p><blockquote>“德特里克在给客户的一份说明中说：”我们已经警告过，回调可能即将到来。“然而，事实是，大多数年份的波动性都比 2021 年迄今为止更大，我们很可能会将进一步回调视为进入第四季度的买入机会。”</blockquote></p><p> McMillan agrees, adding that he thinks it’s “extremely unlikely” that Evergrande approaching bankruptcy would disrupt the global economy since the Chinese financial system and the rest of the world are much less integrated than the developed world was in 2008, he explained.</p><p><blockquote>麦克米兰对此表示赞同，并补充说，他认为恒大濒临破产 “极不可能 ”扰乱全球经济，因为中国金融体系和世界其他地区的一体化程度远低于 2008 年的发达国家。</blockquote></p><p> “Hurricanes can do damage, but for U.S. investors, right now this looks like a hurricane on the other side of the world—scary and damaging, but not a significant threat to us,” McMillan added. “As always, pay attention, but keep calm and carry on.”</p><p><blockquote>“麦克米伦补充说：”飓风会造成破坏，但对美国投资者来说，现在这看起来就像地球另一端的飓风--可怕而具有破坏性，但对我们来说并不构成重大威胁。“一如既往，请注意，但要保持冷静，继续前进。”</blockquote></p><p></p>","source":"lsy1632311862982","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>Don’t fret over a market downturn: Here’s what the final months of 2021 could look like for your retirement investments<blockquote>不要担心市场低迷： 2021 年最后几个月您的退休投资可能会是什么样子</blockquote></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\">\nDon’t fret over a market downturn: Here’s what the final months of 2021 could look like for your retirement investments<blockquote>不要担心市场低迷： 2021 年最后几个月您的退休投资可能会是什么样子</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">US today</strong><span class=\"h-time small\">2021-09-22 19:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Financial markets are suddenly turbulent again.</p><p><blockquote>金融市场突然再次动荡。</blockquote></p><p> Following a brief but devastating crash in March 2020, stocks and other investments had glided ever higher and touched new records, seemingly impervious to an endless stream of bad news about COVID and a historic wave of unemployment during the pandemic fueled recession. If you checked your 401(1) or your Robinhood account during that time, many investors saw a bigger net balance.</p><p><blockquote>在 2020 年 3 月经历了一场短暂但毁灭性的崩盘后，股票和其他投资不断走高并创下新纪录，似乎没有受到有关 COVID 的无休止的坏消息和疫情引发的经济衰退期间历史性失业浪潮的影响。如果您在此期间检查您的 401(1) 或 Robinhood 账户，许多投资者会看到更大的净余额。</blockquote></p><p> That is, until this month.</p><p><blockquote>也就是直到这个月。</blockquote></p><p> Global financial markets have wavered in recent weeks, slumping across the board Monday in what was one of the worst days of the year. An array of concerns about the global economy converged to drag down stocks, and some Wall Street experts worry it may upend Wall Street’s streak of gains.</p><p><blockquote>全球金融市场最近几周波动不定，周一全面暴跌，这是今年最糟糕的一天之一。对全球经济的一系列担忧共同拖累了股市，一些华尔街专家担心这可能会颠覆华尔街的连胜势头。</blockquote></p><p> At one point on Monday, the blue-chip Dow Jones industrial average dropped by as many as 972 points before closing down 614 points. Investors worried about the pace of global growth, possible damage to markets from indebted real-estate developers in China and fears about Federal Reserve policies that could emerge from the central bank's meeting this week.</p><p><blockquote>周一，蓝筹股道琼斯工业平均指数一度下跌972点，收盘下跌614点。投资者担心全球增长速度、中国负债的房地产开发商可能对市场造成的损害，以及对美联储本周会议可能出现的政策的担忧。</blockquote></p><p> So does this mean trouble for your nest egg? Don’t freak out just yet, experts say.</p><p><blockquote>那么这对你的储蓄来说意味着麻烦吗？专家说，先别惊慌。</blockquote></p><p> Here's what the stock market is signaling about the rest of the year.</p><p><blockquote>以下是股市对今年剩余时间的信号。</blockquote></p><p> <b>What's caused stock market volatility?</b></p><p><blockquote><b>是什么导致了股市波动？</b></blockquote></p><p> While there are whispers of a Lehman Brothers-like crisis brewing overseas, most financial experts said those troubles appear contained.</p><p><blockquote>尽管有传言称海外正在酝酿类似雷曼兄弟的危机，但大多数金融专家表示，这些麻烦似乎得到了控制。</blockquote></p><p> Those fears are part of a series of factors that have weighed on investors in recent weeks, putting the S&amp;P 500 -- the benchmark used for most mutual funds -- on track for its first monthly decline since January. Cryptocurrencies also came under further pressure Monday, with bitcoin, the world’s most popular digital currency, slumping by more than 7%.</p><p><blockquote>这些担忧是最近几周给投资者带来压力的一系列因素的一部分，这使得大多数共同基金使用的基准标普500有望出现自一月份以来的首次月度下跌。周一，加密货币也进一步承压，全球最受欢迎的数字货币比特币暴跌超过 7%。</blockquote></p><p> Worries about debt-engorged Chinese property developers — and the damage they could do to investors worldwide if they default — have rippled across global markets. Those concerns have centered on Evergrande, one of China’s biggest real estate developers, which looks like it may be unable to repay its debts.</p><p><blockquote>对负债累累的中国房地产开发商的担忧——以及如果它们违约可能对全球投资者造成的损害——波及全球市场。这些担忧集中在中国最大的房地产开发商之一恒大身上，该公司看起来可能无力偿还债务。</blockquote></p><p> The fear is that Evergrande could collapse, causing a chain reaction through the Chinese property-development industry that spills over into the broader financial system, similar to how the failure of Lehman Brothers inflamed the 2008 financial crisis and Great Recession. Those Chinese property companies have been big drivers of that nation's economy, which is the world’s second-largest.</p><p><blockquote>人们担心恒大可能会倒闭，引发整个中国房地产开发行业的连锁反应，并蔓延到更广泛的金融体系，类似于雷曼兄弟的倒闭引发2008年金融危机和大衰退的方式。这些中国房地产公司一直是中国经济的重要推动力，中国是世界第二大经济体。</blockquote></p><p> But analysts expect China’s government to prevent such a scenario, avoiding a Lehman-type moment, they said. For example, China’s short-term debt markets, also known as money markets, aren’t showing any worrisome signs of broader problems, according to Ryan Detrick, chief market strategist at LPL Financial. In a note to clients, he said these markets tend to be the canary in the coal mine and that the fallout appears to be fairly contained as of now.</p><p><blockquote>但分析人士表示，他们预计中国政府将防止这种情况发生，避免出现雷曼兄弟式的时刻。例如，LPL Financial 首席市场策略师 Ryan Detrick 认为，中国的短期债务市场（也称为货币市场）并没有显示出任何令人担忧的更广泛问题迹象。他在给客户的一份报告中表示，这些市场往往是煤矿中的金丝雀，到目前为止，影响似乎得到了相当大的控制。</blockquote></p><p> “Short-term funding markets are acting just fine in China thus far,\" Detrick wrote. \"Remember, it was the money markets in the U.S. that first started to show cracks in the system in early 2008, well before the wheels fell off.”</p><p><blockquote>“德特里克写道：”到目前为止，中国的短期融资市场表现还算不错。“请记住，早在2008年初，美国的货币市场就开始出现体系的裂缝，远在车轮脱落之前。”</blockquote></p><p> Investors are also concerned that the Fed, which is due to deliver its latest economic and interest rate policy update on Wednesday, may signal Wednesday that it’s planning to pull back some of the support measures it provided markets and the economy.</p><p><blockquote>投资者还担心，美联储将于周三发布最新的经济和利率政策更新，美联储可能会在周三发出信号，表示计划撤回为市场和经济提供的一些支持措施。</blockquote></p><p> A potential rise in interest rates has implications for the stock market and could make shares of companies with relatively high prices less attractive. Those types of stocks tend to be technology companies that are priced typically for growth and not for a steady return of dividends like consumer staples, utilities and real estate companies.</p><p><blockquote>利率的潜在上升会对股市产生影响，并可能降低价格相对较高的公司股票的吸引力。这些类型的股票往往是科技公司，其定价通常是为了增长，而不是像消费品、公用事业和房地产公司那样为了稳定的股息回报。</blockquote></p><p> In addition to Fed fears, the COVID-19 pandemic continues to weigh on the global economy. Congress also faces a looming deadline at the end of the month before the government may shut down.</p><p><blockquote>除了美联储的担忧之外，新冠肺炎疫情继续给全球经济带来压力。在政府关门之前，国会还面临着迫在眉睫的最后期限。</blockquote></p><p> Despite concerns that Americans may reign in their spending following supply shortages and a flare-up of COVID-19 infections fueled by the delta variant, purchasing power has remained strong. That could help mitigate expectations for a slowdown in economic growth in the third quarter, as consumer spending accounts for more than two-thirds of U.S. economy activity.</p><p><blockquote>尽管人们担心美国人可能会在供应短缺和德尔塔变异毒株引发的 COVID-19 感染爆发后控制支出，但购买力仍然强劲。这可能有助于缓解对第三季度经济增长放缓的预期，因为消费者支出占美国经济活动的三分之二以上。</blockquote></p><p> U.S. retail sales unexpectedly rose 0.7% in August, the Commerce Department said last week, helped by back-to-school shopping and additional stimulus through child tax credit payments from the IRS. Sales up 15.1% from the same period a year ago.</p><p><blockquote>美国商务部上周表示，得益于返校购物和国税局通过儿童税收抵免支付提供的额外刺激措施，美国 8 月份零售额意外增长 0.7%。销售额比去年同期增长15.1%。</blockquote></p><p> Consumer confidence has remained strong following a jump in personal income, which has helped the savings rate remain elevated. Last month, a separate report from the Commerce Department showed that incomes outpaced spending in July, with the personal savings rate climbing to 9.6%, up from 8.8% in June.</p><p><blockquote>随着个人收入的增长，消费者信心依然强劲，这有助于储蓄率保持在较高水平。上个月，商务部的另一份报告显示，7 月份收入超过支出，个人储蓄率从 6 月份的 8.8% 攀升至 9.6%。</blockquote></p><p></p><p> <b>Stocks face bumpy road after record run, but are poised to march higher</b></p><p><blockquote><b>股市在创纪录上涨后面临坎坷之路，但有望走高</b></blockquote></p><p> The U.S. stock market has remained resilient despite concerns about the economic effects of the spread of the delta coronavirus variant and worries about how the Fed will react to rising inflation. In fact, the S&amp;P 500 has rallied more than 90% since the pandemic-fueled sell-off in March 2020.</p><p><blockquote>尽管对德尔塔新冠病毒变异毒株扩散的经济影响感到担忧，并担心美联储将如何应对通胀上升，但美国股市仍保持弹性。事实上，自 2020 年 3 月疫情引发的抛售以来，标普500已上涨 90% 以上。</blockquote></p><p> September, however, has proven to be a tough month for financial markets, with major stock averages retreating for a third straight week. The month is also historically the weakest of the year for the stock market, averaging a 0.4% decline, according to the Stock Trader’s Almanac.</p><p><blockquote>然而，事实证明，9 月份对金融市场来说是一个艰难的月份，主要股票平均指数连续第三周下跌。根据《股票交易员年鉴》（The Stock Trader's Almanac）的数据，本月也是股市历史上最弱的月份，平均下跌了 0.4%。</blockquote></p><p> Some analysts said such a decline was due, and any hint of uncertainty may be enough to upset Wall Street as stocks have continued to march higher since October 2020.</p><p><blockquote>一些分析师表示，这样的下跌是理所当然的，任何不确定性的暗示都可能足以让华尔街感到不安，因为自 2020 年 10 月以来，股市持续走高。</blockquote></p><p> The S&amp;P 500, for instance, hasn’t had a 5% drop from a peak since October, and the nearly unstoppable rise has left stocks looking more expensive and with less room for error.</p><p><blockquote>例如，标普500自 10 月份以来从未从峰值下跌过 5%，而几乎不可阻挡的上涨使得股市看起来更加昂贵，出错的空间也更小。</blockquote></p><p> The stock market typically sees about three 5%-plus falls a year on average. That makes the market more vulnerable in the near term following some signs of investor complacency, analysts say.</p><p><blockquote>股市平均每年下跌约三次 5% 以上。分析师表示，在出现一些投资者自满的迹象后，这使得市场在短期内更加脆弱。</blockquote></p><p> Heading into Wednesday, the S&amp;P 500 was about 4% below its record high set on Sept. 2. Both the Dow and the Nasdaq were 4.8% and 4% from their respective all-time highs.</p><p><blockquote>截至周三，标普500比 9 月 2 日创下的历史高点低约 4%。道琼斯指数和纳斯达克指数均较各自的历史高点下跌 4.8% 和 4%。</blockquote></p><p> “This kind of a pullback is normal behavior for markets on bad news and therefore a rational response to real but contained risks. As crashes go, this could be much worse,” Brad McMillan, chief investment officer at investment adviser Commonwealth Financial Network, said in a note to clients.</p><p><blockquote>“投资顾问公司联邦金融网络（Commonwealth Financial Network）首席投资官布拉德-麦克米兰（Brad McMillan）在给客户的一份报告中说：”这种回调是市场在坏消息时的正常行为，因此也是对真实但有控制风险的理性反应。随着崩盘的发生，情况可能会更糟。</blockquote></p><p> <b>Market pullbacks provide a buying opportunity, experts say</b></p><p><blockquote><b>专家表示，市场回调提供了买入机会</b></blockquote></p><p> Heading into this week, about 68% of investors thought there would be at least a 5% correction in stock markets before year-end, according to a recent Deutsche Bank survey.</p><p><blockquote>根据德意志银行最近的一项调查，进入本周，约 68% 的投资者认为年底前股市至少会出现 5% 的调整。</blockquote></p><p> Through Sept. 2 when the S&amp;P 500 last hit a record high, it had been 293 calendar days since the broad stock average had gone without a drop of 5% or more, according to investment research firm CFRA. That bucks a historical trend. Since World War II, the average is 178 calendar days.</p><p><blockquote>投资研究公司 CFRA 的数据显示，截至 9 月 2 日标普500上次创下历史新高时，已经有 293 个日历日没有下跌 5% 或以上。这与历史趋势背道而驰。自第二次世界大战以来，平均是178个日历日。</blockquote></p><p> Though any weakness could present an opportunity for investors to scoop up more stocks at lower prices, or investors could at least hold steady in their retirement accounts, money managers and personal finance experts say.</p><p><blockquote>基金经理和个人理财专家表示，尽管任何疲软都可能为投资者提供以较低价格买入更多股票的机会，或者投资者至少可以保持稳定的退休账户。</blockquote></p><p> “It’s normal for the market to encounter downturns — dips, corrections and crashes — but with time it will rebound,” Tiffany Lam-Balfour, investing spokesperson at personal finance site NerdWallet, said in a note. “Even though it might be hard, sitting tight and trying not to panic will keep you from making any rash decisions you might regret later on.”</p><p><blockquote>“个人理财网站 NerdWallet 的投资发言人蒂芙尼-林-贝尔福（Tiffany Lam-Balfour）在一份报告中说：”市场遇到低迷--下跌、调整和崩盘--是正常的，但随着时间的推移，市场会反弹。“尽管这可能很难，但保持冷静，尽量不要惊慌，这样你就不会做出任何草率的决定，以免日后后悔。”</blockquote></p><p> With investments, the golden rule is “buy low, sell high,” Lam-Balfour explained. So for those investors who have extra cash lying around, it’s actually a great opportunity to consider scooping up shares at cheaper prices, she added.</p><p><blockquote>Lam-Balfour 解释说，投资的黄金法则是 “低买高卖”。她补充说，因此，对于那些手头有多余现金的投资者来说，这实际上是一个考虑以更便宜的价格买入股票的好机会。</blockquote></p><p> Last week, analysts at Goldman Sachs forecast that the S&amp;P 500 would end 2021 at 4,700, or a nearly 8% rise from Tuesday’s close. And the market is expected to continue to grind higher next year. The bank expects the S&amp;P 500 will end at 4,900 in 2022.</p><p><blockquote>上周，高盛分析师预测，2021 年底标普500将达到 4700 点，比周二收盘价上涨近 8%。预计明年市场将继续走高。该银行预计 2022 年标普500将达到 4,900 人。</blockquote></p><p> <b>Signs of weakness have lurked, but you shouldn't worry.</b></p><p><blockquote><b>软弱的迹象已经潜伏，但你不应该担心。</b></blockquote></p><p> Still, a shift has taken place beneath the stock market's surface in recent months, and that means the all-time highs in stocks might be in jeopardy, analysts say.</p><p><blockquote>尽管如此，分析师表示，近几个月来股市表面之下发生了转变，这意味着股市的历史高点可能面临危险。</blockquote></p><p> Wall Street watchers point to this concern: Fewer stocks are part of the market rally, a trend that is often viewed as a warning sign for investors.</p><p><blockquote>华尔街观察人士指出了这种担忧：参与市场反弹的股票越来越少，这一趋势通常被视为投资者的警告信号。</blockquote></p><p> So why should you care? In general, market breadth, or how many stocks are participating in the rally, has deteriorated recently, which could signal a pessimistic shift in investor attitudes after they remained largely optimistic in the market boom this year.</p><p><blockquote>那你为什么要在乎呢？总体而言，市场广度或参与反弹的股票数量最近有所恶化，这可能表明投资者在对今年的市场繁荣基本保持乐观之后，态度发生了悲观的转变。</blockquote></p><p> Nearly 30% of stocks in the index have already moved below their 200-day average, according to Willie Delwiche, investment strategist at market research firm All Star Charts. The 200-day moving average steps back and signals how things look from higher up.</p><p><blockquote>市场研究公司 All Star Charts 的投资策略师 Willie Delwiche 表示，该指数中近 30% 的股票已经跌破 200 天平均水平。200 日移动平均线向后移动，表明从更高的角度来看情况。</blockquote></p><p> The Evergrande situation wasn’t the primary reason for Monday’s sell-off as several other worries have been lurking underneath the stock market’s surface for months, analysts say.</p><p><blockquote>分析师说，恒大的情况并不是周一抛售的主要原因，因为几个月来，股市表面之下还潜伏着其他几个担忧。</blockquote></p><p> “The Evergrande news is probably the trigger, but not the cause, of the small pullback we have seen,” McMillan of Commonwealth Financial Network said in a note. “Markets have been unusually steady in recent months, and a pullback was overdue.”</p><p><blockquote>“联邦金融网络（Commonwealth Financial Network）的麦克米伦（McMillan）在一份报告中说：”恒大的消息可能是我们所看到的小幅回调的导火索，但不是原因。“近几个月来，市场异常稳定，早就应该回调了。”</blockquote></p><p></p><p> On Monday, the S&amp;P 500 closed below its 50-day moving average, a shorter-term gauge which calculates the average price of stocks over that stretch, for the second consecutive day, breaking a streak that had held for the duration of 2021 and was the longest since a streak that ended in 1996, according to LPL Financial.</p><p><blockquote>周一，标普500连续第二天收盘低于 50 天移动平均线（一种计算该时期股票平均价格的短期指标），打破了 2021 年的连败纪录，并且是自 LPL Financial 以来最长的连败纪录。</blockquote></p><p> But this streak was rare and the dip was bound to happen because it isn’t sustainable for the S&amp;P 500 to stay above such a short-term moving average for a long period of time, according to Detrick of LPL Financial. He argues that the ability for the broad index to hold above that threshold for as long as it did is actually a sign of strength.</p><p><blockquote>但 LPL Financial 的 Detrick 认为，这种连胜是罕见的，而且下跌是必然的，因为标普500长期保持在这样的短期移动平均线之上是不可持续的。他认为，综合指数能够长时间保持在该阈值之上，实际上是实力的标志。</blockquote></p><p> He also doesn’t foresee that the issues with Evergrande or potential upcoming changes to the Fed’s policy are likely to derail the bull market, which is now in its second year after stocks bottomed in March 2020 during the pandemic-fueled selloff.</p><p><blockquote>他也不预见恒大的问题或美联储即将做出的政策变化可能会破坏牛市，牛市在 2020 年 3 月大流行病引发的抛售中触底后，牛市已进入第二年。</blockquote></p><p> “We’ve warned a pullback may be coming,” Detrick said in a note to clients. “However, the fact is that most years experience more volatility than we have seen so far in 2021, and we would likely view a further pullback as a buying opportunity going into the fourth quarter.”</p><p><blockquote>“德特里克在给客户的一份说明中说：”我们已经警告过，回调可能即将到来。“然而，事实是，大多数年份的波动性都比 2021 年迄今为止更大，我们很可能会将进一步回调视为进入第四季度的买入机会。”</blockquote></p><p> McMillan agrees, adding that he thinks it’s “extremely unlikely” that Evergrande approaching bankruptcy would disrupt the global economy since the Chinese financial system and the rest of the world are much less integrated than the developed world was in 2008, he explained.</p><p><blockquote>麦克米兰对此表示赞同，并补充说，他认为恒大濒临破产 “极不可能 ”扰乱全球经济，因为中国金融体系和世界其他地区的一体化程度远低于 2008 年的发达国家。</blockquote></p><p> “Hurricanes can do damage, but for U.S. investors, right now this looks like a hurricane on the other side of the world—scary and damaging, but not a significant threat to us,” McMillan added. “As always, pay attention, but keep calm and carry on.”</p><p><blockquote>“麦克米伦补充说：”飓风会造成破坏，但对美国投资者来说，现在这看起来就像地球另一端的飓风--可怕而具有破坏性，但对我们来说并不构成重大威胁。“一如既往，请注意，但要保持冷静，继续前进。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/don-t-fret-over-market-090157109.html\">US today</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/don-t-fret-over-market-090157109.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193835698","content_text":"Financial markets are suddenly turbulent again.\nFollowing a brief but devastating crash in March 2020, stocks and other investments had glided ever higher and touched new records, seemingly impervious to an endless stream of bad news about COVID and a historic wave of unemployment during the pandemic fueled recession. If you checked your 401(1) or your Robinhood account during that time, many investors saw a bigger net balance.\nThat is, until this month.\nGlobal financial markets have wavered in recent weeks, slumping across the board Monday in what was one of the worst days of the year. An array of concerns about the global economy converged to drag down stocks, and some Wall Street experts worry it may upend Wall Street’s streak of gains.\nAt one point on Monday, the blue-chip Dow Jones industrial average dropped by as many as 972 points before closing down 614 points. Investors worried about the pace of global growth, possible damage to markets from indebted real-estate developers in China and fears about Federal Reserve policies that could emerge from the central bank's meeting this week.\nSo does this mean trouble for your nest egg? Don’t freak out just yet, experts say.\nHere's what the stock market is signaling about the rest of the year.\nWhat's caused stock market volatility?\nWhile there are whispers of a Lehman Brothers-like crisis brewing overseas, most financial experts said those troubles appear contained.\nThose fears are part of a series of factors that have weighed on investors in recent weeks, putting the S&P 500 -- the benchmark used for most mutual funds -- on track for its first monthly decline since January. Cryptocurrencies also came under further pressure Monday, with bitcoin, the world’s most popular digital currency, slumping by more than 7%.\nWorries about debt-engorged Chinese property developers — and the damage they could do to investors worldwide if they default — have rippled across global markets. Those concerns have centered on Evergrande, one of China’s biggest real estate developers, which looks like it may be unable to repay its debts.\nThe fear is that Evergrande could collapse, causing a chain reaction through the Chinese property-development industry that spills over into the broader financial system, similar to how the failure of Lehman Brothers inflamed the 2008 financial crisis and Great Recession. Those Chinese property companies have been big drivers of that nation's economy, which is the world’s second-largest.\nBut analysts expect China’s government to prevent such a scenario, avoiding a Lehman-type moment, they said. For example, China’s short-term debt markets, also known as money markets, aren’t showing any worrisome signs of broader problems, according to Ryan Detrick, chief market strategist at LPL Financial. In a note to clients, he said these markets tend to be the canary in the coal mine and that the fallout appears to be fairly contained as of now.\n“Short-term funding markets are acting just fine in China thus far,\" Detrick wrote. \"Remember, it was the money markets in the U.S. that first started to show cracks in the system in early 2008, well before the wheels fell off.”\nInvestors are also concerned that the Fed, which is due to deliver its latest economic and interest rate policy update on Wednesday, may signal Wednesday that it’s planning to pull back some of the support measures it provided markets and the economy.\nA potential rise in interest rates has implications for the stock market and could make shares of companies with relatively high prices less attractive. Those types of stocks tend to be technology companies that are priced typically for growth and not for a steady return of dividends like consumer staples, utilities and real estate companies.\nIn addition to Fed fears, the COVID-19 pandemic continues to weigh on the global economy. Congress also faces a looming deadline at the end of the month before the government may shut down.\nDespite concerns that Americans may reign in their spending following supply shortages and a flare-up of COVID-19 infections fueled by the delta variant, purchasing power has remained strong. That could help mitigate expectations for a slowdown in economic growth in the third quarter, as consumer spending accounts for more than two-thirds of U.S. economy activity.\nU.S. retail sales unexpectedly rose 0.7% in August, the Commerce Department said last week, helped by back-to-school shopping and additional stimulus through child tax credit payments from the IRS. Sales up 15.1% from the same period a year ago.\nConsumer confidence has remained strong following a jump in personal income, which has helped the savings rate remain elevated. Last month, a separate report from the Commerce Department showed that incomes outpaced spending in July, with the personal savings rate climbing to 9.6%, up from 8.8% in June.\nStocks face bumpy road after record run, but are poised to march higher\nThe U.S. stock market has remained resilient despite concerns about the economic effects of the spread of the delta coronavirus variant and worries about how the Fed will react to rising inflation. In fact, the S&P 500 has rallied more than 90% since the pandemic-fueled sell-off in March 2020.\nSeptember, however, has proven to be a tough month for financial markets, with major stock averages retreating for a third straight week. The month is also historically the weakest of the year for the stock market, averaging a 0.4% decline, according to the Stock Trader’s Almanac.\nSome analysts said such a decline was due, and any hint of uncertainty may be enough to upset Wall Street as stocks have continued to march higher since October 2020.\nThe S&P 500, for instance, hasn’t had a 5% drop from a peak since October, and the nearly unstoppable rise has left stocks looking more expensive and with less room for error.\nThe stock market typically sees about three 5%-plus falls a year on average. That makes the market more vulnerable in the near term following some signs of investor complacency, analysts say.\nHeading into Wednesday, the S&P 500 was about 4% below its record high set on Sept. 2. Both the Dow and the Nasdaq were 4.8% and 4% from their respective all-time highs.\n“This kind of a pullback is normal behavior for markets on bad news and therefore a rational response to real but contained risks. As crashes go, this could be much worse,” Brad McMillan, chief investment officer at investment adviser Commonwealth Financial Network, said in a note to clients.\nMarket pullbacks provide a buying opportunity, experts say\nHeading into this week, about 68% of investors thought there would be at least a 5% correction in stock markets before year-end, according to a recent Deutsche Bank survey.\nThrough Sept. 2 when the S&P 500 last hit a record high, it had been 293 calendar days since the broad stock average had gone without a drop of 5% or more, according to investment research firm CFRA. That bucks a historical trend. Since World War II, the average is 178 calendar days.\nThough any weakness could present an opportunity for investors to scoop up more stocks at lower prices, or investors could at least hold steady in their retirement accounts, money managers and personal finance experts say.\n“It’s normal for the market to encounter downturns — dips, corrections and crashes — but with time it will rebound,” Tiffany Lam-Balfour, investing spokesperson at personal finance site NerdWallet, said in a note. “Even though it might be hard, sitting tight and trying not to panic will keep you from making any rash decisions you might regret later on.”\nWith investments, the golden rule is “buy low, sell high,” Lam-Balfour explained. So for those investors who have extra cash lying around, it’s actually a great opportunity to consider scooping up shares at cheaper prices, she added.\nLast week, analysts at Goldman Sachs forecast that the S&P 500 would end 2021 at 4,700, or a nearly 8% rise from Tuesday’s close. And the market is expected to continue to grind higher next year. The bank expects the S&P 500 will end at 4,900 in 2022.\nSigns of weakness have lurked, but you shouldn't worry.\nStill, a shift has taken place beneath the stock market's surface in recent months, and that means the all-time highs in stocks might be in jeopardy, analysts say.\nWall Street watchers point to this concern: Fewer stocks are part of the market rally, a trend that is often viewed as a warning sign for investors.\nSo why should you care? In general, market breadth, or how many stocks are participating in the rally, has deteriorated recently, which could signal a pessimistic shift in investor attitudes after they remained largely optimistic in the market boom this year.\nNearly 30% of stocks in the index have already moved below their 200-day average, according to Willie Delwiche, investment strategist at market research firm All Star Charts. The 200-day moving average steps back and signals how things look from higher up.\nThe Evergrande situation wasn’t the primary reason for Monday’s sell-off as several other worries have been lurking underneath the stock market’s surface for months, analysts say.\n“The Evergrande news is probably the trigger, but not the cause, of the small pullback we have seen,” McMillan of Commonwealth Financial Network said in a note. “Markets have been unusually steady in recent months, and a pullback was overdue.”\nOn Monday, the S&P 500 closed below its 50-day moving average, a shorter-term gauge which calculates the average price of stocks over that stretch, for the second consecutive day, breaking a streak that had held for the duration of 2021 and was the longest since a streak that ended in 1996, according to LPL Financial.\nBut this streak was rare and the dip was bound to happen because it isn’t sustainable for the S&P 500 to stay above such a short-term moving average for a long period of time, according to Detrick of LPL Financial. He argues that the ability for the broad index to hold above that threshold for as long as it did is actually a sign of strength.\nHe also doesn’t foresee that the issues with Evergrande or potential upcoming changes to the Fed’s policy are likely to derail the bull market, which is now in its second year after stocks bottomed in March 2020 during the pandemic-fueled selloff.\n“We’ve warned a pullback may be coming,” Detrick said in a note to clients. “However, the fact is that most years experience more volatility than we have seen so far in 2021, and we would likely view a further pullback as a buying opportunity going into the fourth quarter.”\nMcMillan agrees, adding that he thinks it’s “extremely unlikely” that Evergrande approaching bankruptcy would disrupt the global economy since the Chinese financial system and the rest of the world are much less integrated than the developed world was in 2008, he explained.\n“Hurricanes can do damage, but for U.S. investors, right now this looks like a hurricane on the other side of the world—scary and damaging, but not a significant threat to us,” McMillan added. “As always, pay attention, but keep calm and carry on.”","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863006302,"gmtCreate":1632326273006,"gmtModify":1632801181837,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"is there a problem with the c-1000 vehicles?","listText":"is there a problem with the c-1000 vehicles?","text":"is there a problem with the c-1000 vehicles?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863006302","repostId":"1188754544","repostType":4,"isVote":1,"tweetType":1,"viewCount":1141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863008228,"gmtCreate":1632326244164,"gmtModify":1632801182327,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"looks like tesla still has some work to do. i know it will preserve til it gets a high-functioning autonomous vehicle out&nbsp;","listText":"looks like tesla still has some work to do. i know it will preserve til it gets a high-functioning autonomous vehicle out&nbsp;","text":"looks like tesla still has some work to do. i know it will preserve til it gets a high-functioning autonomous vehicle out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863008228","repostId":"1181627816","repostType":4,"repost":{"id":"1181627816","kind":"news","pubTimestamp":1632316177,"share":"https://www.laohunote.com/m/news/1181627816?lang=zh_CN&edition=full","pubTime":"2021-09-22 21:09","market":"us","language":"en","title":"Brand New MIT Study Confirms Tesla's Autopilot As Unsafe<blockquote>麻省理工学院全新研究证实特斯拉的自动驾驶仪不安全</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181627816","media":"zerohedge","summary":"When MIT turns its back on Elon Musk and calls Tesla unsafe, maybe its time to start re-thinking exa","content":"<p>When MIT turns its back on Elon Musk and calls Tesla unsafe, maybe its time to start re-thinking exactly how technologically profound Musk and his company truly are.</p><p><blockquote>当埃隆·马斯克和评级·特斯拉不安全时，也许是时候开始重新思考马斯克和他的公司在技术上到底有多深了。</blockquote></p><p> A new study out of MIT has \"confirmed how unsafe\" Tesla's Autopilot feature actually is, according to analysis from Screenshot Media anda studycalled<i>\"A model for naturalistic glance behavior around Tesla Autopilot disengagements\".</i></p><p><blockquote>根据 Screenshot Media 和 studycalled 的分析，麻省理工学院的一项新研究“证实了”特斯拉的自动驾驶功能实际上有多不安全<i>“特斯拉自动驾驶仪脱离周围的自然主义扫视行为模型”。</i></blockquote></p><p> The study reveals, in not so many words, that Full Self Driving is&nbsp;not as safe as it claims. It followed&nbsp;Tesla Model S and X owners \"during their daily routine for periods of a year or more\" and found that drivers become inattentive when using partially automated driving systems.</p><p><blockquote>这项研究用不多的话揭示了完全自动驾驶并不像它声称的那样安全。它对特斯拉 Model S 和 X 车主“在一年或更长时间的日常生活中”进行了跟踪，发现驾驶员在使用部分自动驾驶系统时会变得注意力不集中。</blockquote></p><p> The study itself concluded:&nbsp;“Visual behavior patterns change before and after [Autopilot] disengagement.&nbsp;Before disengagement, drivers looked less on road and focused more on non-driving related areas compared to after the transition to manual driving. The higher proportion of off-road glances before disengagement to manual driving were not compensated by longer glances ahead.”</p><p><blockquote>研究本身得出结论： “[自动驾驶仪]脱离前后，视觉行为模式会发生变化。与过渡到手动驾驶后相比，在脱离前，驾驶员对道路的关注较少，而更多地关注与驾驶无关的领域。在脱离手动驾驶之前，越野目光的比例较高，但前方目光的时间较长并没有得到补偿”。</blockquote></p><p> TechCrunchwrote aboutthe study:&nbsp;“The researchers found this type of behavior may be the result of misunderstanding what the [autopilot] feature can do and what its limitations are, which is reinforced when it performs well. Drivers whose tasks are automated for them may naturally become bored after attempting to sustain visual and physical alertness, which researchers say only creates further inattentiveness.\"</p><p><blockquote>TechCrunch 在谈到这项研究时写道： “研究人员发现，这种行为可能是由于误解了[自动驾驶]功能的功能及其局限性，而当它表现良好时，这种误解就会加剧。对于那些任务是自动化的驾驶员来说，在试图保持视觉和身体警觉性后，他们可能会自然而然地感到无聊，研究人员说这只会造成进一步的注意力不集中”。</blockquote></p><p> TechCrunch also wrote about how the data was collected for the study:</p><p><blockquote>TechCrunch 还撰文介绍了该研究的数据是如何收集的：</blockquote></p><p>   <i>The vehicles were equipped with the Real-time Intelligent Driving Environment Recording data acquisition system1, which continuously collects data from the CAN bus, a GPS and three 720p video cameras. These sensors provide information like vehicle kinematics, driver interaction with the vehicle controllers, mileage, location and driver’s posture, face and the view in front of the vehicle. MIT collected nearly 500,000 miles’ worth of data.</i>  At the same time this week, Tesla has stiff-armed regulators and any ongoing investigation and has decided to roll out its Full Self Driving 10.0.1 beta.</p><p><blockquote><i>车辆配备了实时智能驾驶环境记录数据采集系统1，该系统持续从CAN总线、GPS和三个720p摄像机收集数据。这些传感器提供车辆运动学、驾驶员与车辆控制器的交互、里程、位置以及驾驶员的姿势、面部和车辆前方的视野等信息。麻省理工学院收集了近 50 万英里的数据。</i>本周与此同时，特斯拉拥有强硬的监管机构和任何正在进行的调查，并决定推出全自动驾驶 10.0.1 测试版。</blockquote></p><p> Recall, last month&nbsp;we reported&nbsp;that regulators at the NHTSA in the United States had finally come to their senses and opened the long-overdue investigation.&nbsp;The NHTSA said the investigation includes Tesla's Model X, S and 3 for model years 2014-2021. The broad range of models and model years means that this could be the large-scale investigation that skeptics have been requesting for years, we noted.</p><p><blockquote>回想一下，上个月我们报道过，美国国家公路交通安全管理局的监管机构终于回过神来，展开了期待已久的调查。国家公路交通安全管理局表示，调查包括特斯拉2014-2021车型年的Model X、S和3。我们指出，广泛的模型和模型年份意味着这可能是怀疑论者多年来一直要求的大规模调查。</blockquote></p><p> The NHTSA said the investigation would assess technologies, methods \"used to monitor, assist, and enforce the driver's engagement\" during autopilot operation, according to Bloomberg.</p><p><blockquote>据彭博社报道，NHTSA表示，调查将评估“用于监控、协助和执行自动驾驶仪操作期间驾驶员参与”的技术和方法。</blockquote></p><p> Just days ago, we noted that the NTSB had urged the company to work on the feature's safety before pursuing Autopilot further.&nbsp;Jennifer Homendy, chairwoman of the National Transportation Safety Board, said: “Basic safety issues have to be addressed before they then expand it to other city streets and other areas.”</p><p><blockquote>就在几天前，我们注意到美国国家运输安全委员会（NTSB）敦促该公司在进一步推进自动驾驶之前，先做好该功能的安全性工作。美国国家运输安全委员会主席詹妮弗-霍门迪（Jennifer Homendy）说： “在将其扩展到其他城市街道和其他地区之前，必须先解决基本的安全问题”。</blockquote></p><p> Homendy argued that the&nbsp;term ‘full self-driving’ was “misleading and irresponsible\".</p><p><blockquote>霍门迪认为，“全自动驾驶 ”一词是 “误导和不负责任的”。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Brand New MIT Study Confirms Tesla's Autopilot As Unsafe<blockquote>麻省理工学院全新研究证实特斯拉的自动驾驶仪不安全</blockquote></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\">\nBrand New MIT Study Confirms Tesla's Autopilot As Unsafe<blockquote>麻省理工学院全新研究证实特斯拉的自动驾驶仪不安全</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-09-22 21:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When MIT turns its back on Elon Musk and calls Tesla unsafe, maybe its time to start re-thinking exactly how technologically profound Musk and his company truly are.</p><p><blockquote>当埃隆·马斯克和评级·特斯拉不安全时，也许是时候开始重新思考马斯克和他的公司在技术上到底有多深了。</blockquote></p><p> A new study out of MIT has \"confirmed how unsafe\" Tesla's Autopilot feature actually is, according to analysis from Screenshot Media anda studycalled<i>\"A model for naturalistic glance behavior around Tesla Autopilot disengagements\".</i></p><p><blockquote>根据 Screenshot Media 和 studycalled 的分析，麻省理工学院的一项新研究“证实了”特斯拉的自动驾驶功能实际上有多不安全<i>“特斯拉自动驾驶仪脱离周围的自然主义扫视行为模型”。</i></blockquote></p><p> The study reveals, in not so many words, that Full Self Driving is&nbsp;not as safe as it claims. It followed&nbsp;Tesla Model S and X owners \"during their daily routine for periods of a year or more\" and found that drivers become inattentive when using partially automated driving systems.</p><p><blockquote>这项研究用不多的话揭示了完全自动驾驶并不像它声称的那样安全。它对特斯拉 Model S 和 X 车主“在一年或更长时间的日常生活中”进行了跟踪，发现驾驶员在使用部分自动驾驶系统时会变得注意力不集中。</blockquote></p><p> The study itself concluded:&nbsp;“Visual behavior patterns change before and after [Autopilot] disengagement.&nbsp;Before disengagement, drivers looked less on road and focused more on non-driving related areas compared to after the transition to manual driving. The higher proportion of off-road glances before disengagement to manual driving were not compensated by longer glances ahead.”</p><p><blockquote>研究本身得出结论： “[自动驾驶仪]脱离前后，视觉行为模式会发生变化。与过渡到手动驾驶后相比，在脱离前，驾驶员对道路的关注较少，而更多地关注与驾驶无关的领域。在脱离手动驾驶之前，越野目光的比例较高，但前方目光的时间较长并没有得到补偿”。</blockquote></p><p> TechCrunchwrote aboutthe study:&nbsp;“The researchers found this type of behavior may be the result of misunderstanding what the [autopilot] feature can do and what its limitations are, which is reinforced when it performs well. Drivers whose tasks are automated for them may naturally become bored after attempting to sustain visual and physical alertness, which researchers say only creates further inattentiveness.\"</p><p><blockquote>TechCrunch 在谈到这项研究时写道： “研究人员发现，这种行为可能是由于误解了[自动驾驶]功能的功能及其局限性，而当它表现良好时，这种误解就会加剧。对于那些任务是自动化的驾驶员来说，在试图保持视觉和身体警觉性后，他们可能会自然而然地感到无聊，研究人员说这只会造成进一步的注意力不集中”。</blockquote></p><p> TechCrunch also wrote about how the data was collected for the study:</p><p><blockquote>TechCrunch 还撰文介绍了该研究的数据是如何收集的：</blockquote></p><p>   <i>The vehicles were equipped with the Real-time Intelligent Driving Environment Recording data acquisition system1, which continuously collects data from the CAN bus, a GPS and three 720p video cameras. These sensors provide information like vehicle kinematics, driver interaction with the vehicle controllers, mileage, location and driver’s posture, face and the view in front of the vehicle. MIT collected nearly 500,000 miles’ worth of data.</i>  At the same time this week, Tesla has stiff-armed regulators and any ongoing investigation and has decided to roll out its Full Self Driving 10.0.1 beta.</p><p><blockquote><i>车辆配备了实时智能驾驶环境记录数据采集系统1，该系统持续从CAN总线、GPS和三个720p摄像机收集数据。这些传感器提供车辆运动学、驾驶员与车辆控制器的交互、里程、位置以及驾驶员的姿势、面部和车辆前方的视野等信息。麻省理工学院收集了近 50 万英里的数据。</i>本周与此同时，特斯拉拥有强硬的监管机构和任何正在进行的调查，并决定推出全自动驾驶 10.0.1 测试版。</blockquote></p><p> Recall, last month&nbsp;we reported&nbsp;that regulators at the NHTSA in the United States had finally come to their senses and opened the long-overdue investigation.&nbsp;The NHTSA said the investigation includes Tesla's Model X, S and 3 for model years 2014-2021. The broad range of models and model years means that this could be the large-scale investigation that skeptics have been requesting for years, we noted.</p><p><blockquote>回想一下，上个月我们报道过，美国国家公路交通安全管理局的监管机构终于回过神来，展开了期待已久的调查。国家公路交通安全管理局表示，调查包括特斯拉2014-2021车型年的Model X、S和3。我们指出，广泛的模型和模型年份意味着这可能是怀疑论者多年来一直要求的大规模调查。</blockquote></p><p> The NHTSA said the investigation would assess technologies, methods \"used to monitor, assist, and enforce the driver's engagement\" during autopilot operation, according to Bloomberg.</p><p><blockquote>据彭博社报道，NHTSA表示，调查将评估“用于监控、协助和执行自动驾驶仪操作期间驾驶员参与”的技术和方法。</blockquote></p><p> Just days ago, we noted that the NTSB had urged the company to work on the feature's safety before pursuing Autopilot further.&nbsp;Jennifer Homendy, chairwoman of the National Transportation Safety Board, said: “Basic safety issues have to be addressed before they then expand it to other city streets and other areas.”</p><p><blockquote>就在几天前，我们注意到美国国家运输安全委员会（NTSB）敦促该公司在进一步推进自动驾驶之前，先做好该功能的安全性工作。美国国家运输安全委员会主席詹妮弗-霍门迪（Jennifer Homendy）说： “在将其扩展到其他城市街道和其他地区之前，必须先解决基本的安全问题”。</blockquote></p><p> Homendy argued that the&nbsp;term ‘full self-driving’ was “misleading and irresponsible\".</p><p><blockquote>霍门迪认为，“全自动驾驶 ”一词是 “误导和不负责任的”。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/brand-new-mit-study-confirms-teslas-autopilot-unsafe?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/brand-new-mit-study-confirms-teslas-autopilot-unsafe?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181627816","content_text":"When MIT turns its back on Elon Musk and calls Tesla unsafe, maybe its time to start re-thinking exactly how technologically profound Musk and his company truly are.\nA new study out of MIT has \"confirmed how unsafe\" Tesla's Autopilot feature actually is, according to analysis from Screenshot Media anda studycalled\"A model for naturalistic glance behavior around Tesla Autopilot disengagements\".\nThe study reveals, in not so many words, that Full Self Driving is not as safe as it claims. It followed Tesla Model S and X owners \"during their daily routine for periods of a year or more\" and found that drivers become inattentive when using partially automated driving systems.\nThe study itself concluded: “Visual behavior patterns change before and after [Autopilot] disengagement. Before disengagement, drivers looked less on road and focused more on non-driving related areas compared to after the transition to manual driving. The higher proportion of off-road glances before disengagement to manual driving were not compensated by longer glances ahead.”\nTechCrunchwrote aboutthe study: “The researchers found this type of behavior may be the result of misunderstanding what the [autopilot] feature can do and what its limitations are, which is reinforced when it performs well. Drivers whose tasks are automated for them may naturally become bored after attempting to sustain visual and physical alertness, which researchers say only creates further inattentiveness.\"\nTechCrunch also wrote about how the data was collected for the study:\n\nThe vehicles were equipped with the Real-time Intelligent Driving Environment Recording data acquisition system1, which continuously collects data from the CAN bus, a GPS and three 720p video cameras. These sensors provide information like vehicle kinematics, driver interaction with the vehicle controllers, mileage, location and driver’s posture, face and the view in front of the vehicle. MIT collected nearly 500,000 miles’ worth of data.\n\nAt the same time this week, Tesla has stiff-armed regulators and any ongoing investigation and has decided to roll out its Full Self Driving 10.0.1 beta.\nRecall, last month we reported that regulators at the NHTSA in the United States had finally come to their senses and opened the long-overdue investigation. The NHTSA said the investigation includes Tesla's Model X, S and 3 for model years 2014-2021. The broad range of models and model years means that this could be the large-scale investigation that skeptics have been requesting for years, we noted.\nThe NHTSA said the investigation would assess technologies, methods \"used to monitor, assist, and enforce the driver's engagement\" during autopilot operation, according to Bloomberg.\nJust days ago, we noted that the NTSB had urged the company to work on the feature's safety before pursuing Autopilot further. Jennifer Homendy, chairwoman of the National Transportation Safety Board, said: “Basic safety issues have to be addressed before they then expand it to other city streets and other areas.”\nHomendy argued that the term ‘full self-driving’ was “misleading and irresponsible\".","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863008369,"gmtCreate":1632326192351,"gmtModify":1632801182698,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"what fun that would be! those shows are good","listText":"what fun that would be! those shows are good","text":"what fun that would be! those shows are good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863008369","repostId":"1118497532","repostType":4,"repost":{"id":"1118497532","kind":"news","pubTimestamp":1632316716,"share":"https://www.laohunote.com/m/news/1118497532?lang=zh_CN&edition=full","pubTime":"2021-09-22 21:18","market":"us","language":"en","title":"Netflix to Buy Roald Dahl Catalog, Adding ‘Charlie and the Chocolate Factory’ to Its Stable<blockquote>Netflix 将收购罗尔德-达尔剧集，将《查理与巧克力工厂》加入其稳定剧集</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118497532","media":"The Wall Street Journal","summary":"Deal allows streaming giant to develop new content using the popular children’s author’s stories and","content":"<p>  <b>Deal allows streaming giant to develop new content using the popular children’s author’s stories and characters.</b>  <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>&nbsp;said it has agreed to buy the Roald Dahl Story Co., adding popular children’s stories like “Charlie and the Chocolate Factory” and “Matilda” to its stable as it looks to stock up on content amid rising competition in the streaming business.</p><p><blockquote><b>交易允许流媒体巨头利用这位人气儿童作家的故事和人物开发新内容。</b><a href=\"https://laohu8.com/S/NFLX\">网飞</a>表示已同意收购罗尔德-达尔故事公司（Roald Dahl Story Co.</blockquote></p><p> The streaming giant said Wednesday that by acquiring the U.K.-based company, which controls the rights to the author’s stories and characters like “Fantastic Mr. Fox,” “The Twits” and “The BFG,” it aimed to produce animated and live-action films and TV shows. It also said it could produce games, live theater and consumer products based on Mr. Dahl’s creations.</p><p><blockquote>这家流媒体巨头周三表示，通过收购这家总部位于英国公司，该公司控制着作者的故事和角色，如《神奇狐狸先生》、《The Twits》和《The BFG》，该公司旨在制作动画和真人电影及电视节目。该公司还表示，可以根据达尔先生的作品制作游戏、现场剧场和消费品。</blockquote></p><p> The deal adds source material with proven cross-generational, mass appeal to the Netflix stable, with over 300 million of Mr. Dahl’s books sold globally. Financial terms of the deal, which is subject to regulatory approval, weren’t disclosed.</p><p><blockquote>这笔交易为 Netflix 的稳定库存增加了经过验证的跨代、大众吸引力的原始素材，达尔先生的图书在全球销量超过 3 亿册。该交易的财务条款尚未披露，尚需获得监管部门的批准。</blockquote></p><p> Netflix started collaborating with the Roald Dahl Story Co. three years ago, and is already working on a “Charlie and the Chocolate Factory” TV show as well as “Matilda The Musical.”</p><p><blockquote>Netflix 三年前开始与罗尔德-达尔故事公司合作，目前已经在制作电视剧《查理与巧克力工厂》和《音乐剧玛蒂尔达》。</blockquote></p><p> The move for Mr. Dahl’s works comes as competition among streaming services intensifies. In July, Netflix said it had added 1.5 million subscribers globally in the second quarter, but lost 400,000 subscribers in North America. The company said it had 209.2 million subscribers worldwide.</p><p><blockquote>达尔先生的作品搬迁正值流媒体服务之间的竞争加剧之际。7 月，Netflix 表示第二季度在全球新增了 150 万用户，但在北美流失了 40 万用户。该公司表示，它在全球拥有 2.092 亿订户。</blockquote></p><p> To stand out from the crowd, streaming services have targeted exclusive content that will resonate with subscribers. In May,Amazon.comInc.bought MGM Studios for $8.45 billion, describing its catalog as a “treasure trove” that would significantly bolster Amazon’s offering to viewers.</p><p><blockquote>为了脱颖而出，流媒体服务瞄准了能引起订户共鸣的独家内容。今年 5 月，Amazon.comInc.␠以 84.5 亿美元收购了米高梅工作室，称其目录是一个 “宝库”，将大大增加亚马逊为观众提供的产品。</blockquote></p><p> In 2019, theWalt DisneyCo.released “The Mandalorian” on itsDisney+ streaming service, in the first of a series of TV shows based on the “Star Wars” franchise. Disney acquired “Star Wars” producer Lucasfilm for $4.05 billion in 2012.</p><p><blockquote>2019 年，华特迪士尼公司在其 Disney+ 流媒体服务上发布了《曼达洛人》，这是根据《星球大战》系列改编的系列电视剧中的第一部。迪士尼于 2012 年以 40.5 亿美元收购了《星球大战》制片人卢卡斯影业。</blockquote></p><p> Netflix will likely seek to similarly leverage Mr. Dahl’s catalog.</p><p><blockquote>Netflix 很可能会寻求类似地利用达尔先生的目录。</blockquote></p><p> Still, recent movie projects based on Mr. Dahl’s books have had a mixed reception at the box office. In 2005, a Warner Bros. “Charlie and the Chocolate Factory” movie starring Johnny Depp was a big hit, grossing $475 million worldwide, according to IMDb. But more recent releases haven’t fared quite so well. A 2016 version of “The BFG,” produced by Disney and directed by Steven Spielberg, grossed $195 million and was profitable, but a HBO Max version of “The Witches,” released last year and starring Anne Hathaway, earned tepid reviews and grossed roughly $27 million.</p><p><blockquote>尽管如此，最近根据达尔先生的小说改编的电影项目在票房上的反响褒贬不一。根据 IMDb 的数据，2005 年，由约翰尼-德普主演的华纳兄弟电影《查理与巧克力工厂》大受欢迎，全球票房达 4.75 亿美元。但最近上映的影片表现并不理想。由迪士尼制作、史蒂文-斯皮尔伯格执导的 2016 年版《圆梦巨人》票房收入为 1.95 亿美元，盈利，但去年上映、安妮-海瑟薇主演的 HBO Max 版《女巫》票房不温不火，票房约为 2700 万美元。</blockquote></p><p> Mr. Dahl was born in Wales in 1916 to Norwegian parents. He served in Britain’s Royal Air Force in World War II before establishing himself as one of the world’s most successful children’s authors. Mr. Dahl died at 74 in 1990, and while his works have remained popular, he himself has been subject of controversy.</p><p><blockquote>达尔先生1916年出生于威尔士，父母是挪威人。二战期间，他曾在英国皇家空军服役，之后成为世界上最成功的儿童作家之一。达尔先生于1990年去世，享年74岁，虽然他的作品一直很受欢迎，但他本人一直是争议的焦点。</blockquote></p><p> Last year his family apologized for anti-Semitic remarks made by Mr. Dahl in a 1983 magazine interview, while urging audiences to remember that the writer had “positively impacted young people for generations.”</p><p><blockquote>去年，达尔先生的家人为达尔先生在 1983 年接受杂志采访时发表的反犹太主义言论道歉，同时敦促观众记住这位作家 “对几代年轻人产生了积极影响”。</blockquote></p><p> Netflix jumped over 1% in premarket trading.</p><p><blockquote>Netflix 在盘前交易中上涨超过 1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/47a767d6b60f25dd0bb4f5dc7dac2ad4\" tg-width=\"988\" tg-height=\"565\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix to Buy Roald Dahl Catalog, Adding ‘Charlie and the Chocolate Factory’ to Its Stable<blockquote>Netflix 将收购罗尔德-达尔剧集，将《查理与巧克力工厂》加入其稳定剧集</blockquote></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\">\nNetflix to Buy Roald Dahl Catalog, Adding ‘Charlie and the Chocolate Factory’ to Its Stable<blockquote>Netflix 将收购罗尔德-达尔剧集，将《查理与巧克力工厂》加入其稳定剧集</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-22 21:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Deal allows streaming giant to develop new content using the popular children’s author’s stories and characters.</b>  <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>&nbsp;said it has agreed to buy the Roald Dahl Story Co., adding popular children’s stories like “Charlie and the Chocolate Factory” and “Matilda” to its stable as it looks to stock up on content amid rising competition in the streaming business.</p><p><blockquote><b>交易允许流媒体巨头利用这位人气儿童作家的故事和人物开发新内容。</b><a href=\"https://laohu8.com/S/NFLX\">网飞</a>表示已同意收购罗尔德-达尔故事公司（Roald Dahl Story Co.</blockquote></p><p> The streaming giant said Wednesday that by acquiring the U.K.-based company, which controls the rights to the author’s stories and characters like “Fantastic Mr. Fox,” “The Twits” and “The BFG,” it aimed to produce animated and live-action films and TV shows. It also said it could produce games, live theater and consumer products based on Mr. Dahl’s creations.</p><p><blockquote>这家流媒体巨头周三表示，通过收购这家总部位于英国公司，该公司控制着作者的故事和角色，如《神奇狐狸先生》、《The Twits》和《The BFG》，该公司旨在制作动画和真人电影及电视节目。该公司还表示，可以根据达尔先生的作品制作游戏、现场剧场和消费品。</blockquote></p><p> The deal adds source material with proven cross-generational, mass appeal to the Netflix stable, with over 300 million of Mr. Dahl’s books sold globally. Financial terms of the deal, which is subject to regulatory approval, weren’t disclosed.</p><p><blockquote>这笔交易为 Netflix 的稳定库存增加了经过验证的跨代、大众吸引力的原始素材，达尔先生的图书在全球销量超过 3 亿册。该交易的财务条款尚未披露，尚需获得监管部门的批准。</blockquote></p><p> Netflix started collaborating with the Roald Dahl Story Co. three years ago, and is already working on a “Charlie and the Chocolate Factory” TV show as well as “Matilda The Musical.”</p><p><blockquote>Netflix 三年前开始与罗尔德-达尔故事公司合作，目前已经在制作电视剧《查理与巧克力工厂》和《音乐剧玛蒂尔达》。</blockquote></p><p> The move for Mr. Dahl’s works comes as competition among streaming services intensifies. In July, Netflix said it had added 1.5 million subscribers globally in the second quarter, but lost 400,000 subscribers in North America. The company said it had 209.2 million subscribers worldwide.</p><p><blockquote>达尔先生的作品搬迁正值流媒体服务之间的竞争加剧之际。7 月，Netflix 表示第二季度在全球新增了 150 万用户，但在北美流失了 40 万用户。该公司表示，它在全球拥有 2.092 亿订户。</blockquote></p><p> To stand out from the crowd, streaming services have targeted exclusive content that will resonate with subscribers. In May,Amazon.comInc.bought MGM Studios for $8.45 billion, describing its catalog as a “treasure trove” that would significantly bolster Amazon’s offering to viewers.</p><p><blockquote>为了脱颖而出，流媒体服务瞄准了能引起订户共鸣的独家内容。今年 5 月，Amazon.comInc.␠以 84.5 亿美元收购了米高梅工作室，称其目录是一个 “宝库”，将大大增加亚马逊为观众提供的产品。</blockquote></p><p> In 2019, theWalt DisneyCo.released “The Mandalorian” on itsDisney+ streaming service, in the first of a series of TV shows based on the “Star Wars” franchise. Disney acquired “Star Wars” producer Lucasfilm for $4.05 billion in 2012.</p><p><blockquote>2019 年，华特迪士尼公司在其 Disney+ 流媒体服务上发布了《曼达洛人》，这是根据《星球大战》系列改编的系列电视剧中的第一部。迪士尼于 2012 年以 40.5 亿美元收购了《星球大战》制片人卢卡斯影业。</blockquote></p><p> Netflix will likely seek to similarly leverage Mr. Dahl’s catalog.</p><p><blockquote>Netflix 很可能会寻求类似地利用达尔先生的目录。</blockquote></p><p> Still, recent movie projects based on Mr. Dahl’s books have had a mixed reception at the box office. In 2005, a Warner Bros. “Charlie and the Chocolate Factory” movie starring Johnny Depp was a big hit, grossing $475 million worldwide, according to IMDb. But more recent releases haven’t fared quite so well. A 2016 version of “The BFG,” produced by Disney and directed by Steven Spielberg, grossed $195 million and was profitable, but a HBO Max version of “The Witches,” released last year and starring Anne Hathaway, earned tepid reviews and grossed roughly $27 million.</p><p><blockquote>尽管如此，最近根据达尔先生的小说改编的电影项目在票房上的反响褒贬不一。根据 IMDb 的数据，2005 年，由约翰尼-德普主演的华纳兄弟电影《查理与巧克力工厂》大受欢迎，全球票房达 4.75 亿美元。但最近上映的影片表现并不理想。由迪士尼制作、史蒂文-斯皮尔伯格执导的 2016 年版《圆梦巨人》票房收入为 1.95 亿美元，盈利，但去年上映、安妮-海瑟薇主演的 HBO Max 版《女巫》票房不温不火，票房约为 2700 万美元。</blockquote></p><p> Mr. Dahl was born in Wales in 1916 to Norwegian parents. He served in Britain’s Royal Air Force in World War II before establishing himself as one of the world’s most successful children’s authors. Mr. Dahl died at 74 in 1990, and while his works have remained popular, he himself has been subject of controversy.</p><p><blockquote>达尔先生1916年出生于威尔士，父母是挪威人。二战期间，他曾在英国皇家空军服役，之后成为世界上最成功的儿童作家之一。达尔先生于1990年去世，享年74岁，虽然他的作品一直很受欢迎，但他本人一直是争议的焦点。</blockquote></p><p> Last year his family apologized for anti-Semitic remarks made by Mr. Dahl in a 1983 magazine interview, while urging audiences to remember that the writer had “positively impacted young people for generations.”</p><p><blockquote>去年，达尔先生的家人为达尔先生在 1983 年接受杂志采访时发表的反犹太主义言论道歉，同时敦促观众记住这位作家 “对几代年轻人产生了积极影响”。</blockquote></p><p> Netflix jumped over 1% in premarket trading.</p><p><blockquote>Netflix 在盘前交易中上涨超过 1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/47a767d6b60f25dd0bb4f5dc7dac2ad4\" tg-width=\"988\" tg-height=\"565\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/netflix-to-buy-roald-dahl-catalog-adding-charlie-and-the-chocolate-factory-to-its-stable-11632302101?mod=tech_lead_pos7\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.wsj.com/articles/netflix-to-buy-roald-dahl-catalog-adding-charlie-and-the-chocolate-factory-to-its-stable-11632302101?mod=tech_lead_pos7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118497532","content_text":"Deal allows streaming giant to develop new content using the popular children’s author’s stories and characters.\n\nNetflix said it has agreed to buy the Roald Dahl Story Co., adding popular children’s stories like “Charlie and the Chocolate Factory” and “Matilda” to its stable as it looks to stock up on content amid rising competition in the streaming business.\nThe streaming giant said Wednesday that by acquiring the U.K.-based company, which controls the rights to the author’s stories and characters like “Fantastic Mr. Fox,” “The Twits” and “The BFG,” it aimed to produce animated and live-action films and TV shows. It also said it could produce games, live theater and consumer products based on Mr. Dahl’s creations.\nThe deal adds source material with proven cross-generational, mass appeal to the Netflix stable, with over 300 million of Mr. Dahl’s books sold globally. Financial terms of the deal, which is subject to regulatory approval, weren’t disclosed.\nNetflix started collaborating with the Roald Dahl Story Co. three years ago, and is already working on a “Charlie and the Chocolate Factory” TV show as well as “Matilda The Musical.”\nThe move for Mr. Dahl’s works comes as competition among streaming services intensifies. In July, Netflix said it had added 1.5 million subscribers globally in the second quarter, but lost 400,000 subscribers in North America. The company said it had 209.2 million subscribers worldwide.\nTo stand out from the crowd, streaming services have targeted exclusive content that will resonate with subscribers. In May,Amazon.comInc.bought MGM Studios for $8.45 billion, describing its catalog as a “treasure trove” that would significantly bolster Amazon’s offering to viewers.\nIn 2019, theWalt DisneyCo.released “The Mandalorian” on itsDisney+ streaming service, in the first of a series of TV shows based on the “Star Wars” franchise. Disney acquired “Star Wars” producer Lucasfilm for $4.05 billion in 2012.\nNetflix will likely seek to similarly leverage Mr. Dahl’s catalog.\nStill, recent movie projects based on Mr. Dahl’s books have had a mixed reception at the box office. In 2005, a Warner Bros. “Charlie and the Chocolate Factory” movie starring Johnny Depp was a big hit, grossing $475 million worldwide, according to IMDb. But more recent releases haven’t fared quite so well. A 2016 version of “The BFG,” produced by Disney and directed by Steven Spielberg, grossed $195 million and was profitable, but a HBO Max version of “The Witches,” released last year and starring Anne Hathaway, earned tepid reviews and grossed roughly $27 million.\nMr. Dahl was born in Wales in 1916 to Norwegian parents. He served in Britain’s Royal Air Force in World War II before establishing himself as one of the world’s most successful children’s authors. Mr. Dahl died at 74 in 1990, and while his works have remained popular, he himself has been subject of controversy.\nLast year his family apologized for anti-Semitic remarks made by Mr. Dahl in a 1983 magazine interview, while urging audiences to remember that the writer had “positively impacted young people for generations.”\nNetflix jumped over 1% in premarket trading.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863001417,"gmtCreate":1632326167139,"gmtModify":1632801183189,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"good efficiency against the delta variant is a price booster","listText":"good efficiency against the delta variant is a price booster","text":"good efficiency against the delta variant is a price booster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863001417","repostId":"1119012338","repostType":4,"repost":{"id":"1119012338","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632318193,"share":"https://www.laohunote.com/m/news/1119012338?lang=zh_CN&edition=full","pubTime":"2021-09-22 21:43","market":"us","language":"en","title":"Dynavax surged over 15% in early trading<blockquote>Dynavax 早盘交易飙升超过 15%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119012338","media":"Tiger Newspress","summary":"(Sept 22) Dynavax surged over 15% in early trading. Dynavax partner Clover's COVID-19 vaccine shows ","content":"<p>(Sept 22)&nbsp;Dynavax surged over 15% in early trading.&nbsp;Dynavax partner Clover's COVID-19 vaccine shows 79% efficacy against Delta variant.</p><p><blockquote>（9月22日）Dynavax早盘飙升超过15%。Dynavax合作伙伴Clover的新冠肺炎疫苗显示对德尔塔变异毒株的有效率为79%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0ee83db70a926108533f3d4f20d96d0a\" tg-width=\"969\" tg-height=\"554\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Clover Biopharmaceuticalsannounces&nbsp;that its adjuvanted protein-based COVID-19 vaccine candidate, SCB-2019 (CpG 1018/Alum) achieved the primary efficacy endpoint and secondary efficacy endpoints in Phase 2/3 SPECTRA trial.</p><p><blockquote>Clover Biopharmaceutical 宣布其基于佐剂蛋白的 COVID-19 候选疫苗 SCB-2019 (CpG 1018/Alum) 在 2/3 期 SPECTRA 试验中达到了主要疗效终点和次要疗效终点。</blockquote></p><p> Trial enrolled over 30,000 adult &amp; elderly participants.</p><p><blockquote>试验招募了30,000多名成人和老年人参与者。</blockquote></p><p> Vaccine efficacy was successfully demonstrated where 100% of SARS-CoV-2 strains observed in the efficacy analysis were variants.</p><p><blockquote>成功证明了疫苗功效，其中在功效分析中观察到的100%的新型冠状病毒毒株是变体。</blockquote></p><p> 79% overall efficacy observed against COVID-19 of any severity caused by globally dominant Delta variant. Efficacy was 92% against Gamma variant and 59% against Mu variant.</p><p><blockquote>对由全球占主导地位的德尔塔变异毒株引起的任何严重程度的新冠肺炎观察到的总体疗效为79%。针对γ变体的功效为92%，针对Mu变体的功效为59%。</blockquote></p><p> Overall efficacy was 67% against COVID-19 of any severity caused by any strain in the study, successfully meeting the primary endpoint of the trial.</p><p><blockquote>针对研究中任何菌株引起的任何严重程度的新冠肺炎，总体疗效为67%，成功达到了试验的主要终点。</blockquote></p><p> Vaccination reduced the risk of symptomatic COVID-19 reinfection caused by any strain by 64.2%.</p><p><blockquote>接种疫苗可将任何菌株引起的有症状的新冠肺炎再感染风险降低64.2%。</blockquote></p><p> SCB-2019 demonstrated a favorable safety profile with no significant difference in systemic adverse events&nbsp;compared to placebo.</p><p><blockquote>SCB-2019显示出良好的安全性特征，与安慰剂相比，全身不良事件无显著差异。</blockquote></p><p> The vaccine was created by combining SCB-2019 with Dynavax's(NASDAQ:DVAX)CpG 1018 advanced adjuvant and aluminum hydroxide (alum).</p><p><blockquote>该疫苗是通过将 SCB-2019 与 Dynavax（纳斯达克股票代码：DVAX）CpG 1018 高级佐剂和氢氧化铝（明矾）相结合而制成的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dynavax surged over 15% in early trading<blockquote>Dynavax 早盘交易飙升超过 15%</blockquote></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\">\nDynavax surged over 15% in early trading<blockquote>Dynavax 早盘交易飙升超过 15%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-22 21:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 22)&nbsp;Dynavax surged over 15% in early trading.&nbsp;Dynavax partner Clover's COVID-19 vaccine shows 79% efficacy against Delta variant.</p><p><blockquote>（9月22日）Dynavax早盘飙升超过15%。Dynavax合作伙伴Clover的新冠肺炎疫苗显示对德尔塔变异毒株的有效率为79%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0ee83db70a926108533f3d4f20d96d0a\" tg-width=\"969\" tg-height=\"554\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Clover Biopharmaceuticalsannounces&nbsp;that its adjuvanted protein-based COVID-19 vaccine candidate, SCB-2019 (CpG 1018/Alum) achieved the primary efficacy endpoint and secondary efficacy endpoints in Phase 2/3 SPECTRA trial.</p><p><blockquote>Clover Biopharmaceutical 宣布其基于佐剂蛋白的 COVID-19 候选疫苗 SCB-2019 (CpG 1018/Alum) 在 2/3 期 SPECTRA 试验中达到了主要疗效终点和次要疗效终点。</blockquote></p><p> Trial enrolled over 30,000 adult &amp; elderly participants.</p><p><blockquote>试验招募了30,000多名成人和老年人参与者。</blockquote></p><p> Vaccine efficacy was successfully demonstrated where 100% of SARS-CoV-2 strains observed in the efficacy analysis were variants.</p><p><blockquote>成功证明了疫苗功效，其中在功效分析中观察到的100%的新型冠状病毒毒株是变体。</blockquote></p><p> 79% overall efficacy observed against COVID-19 of any severity caused by globally dominant Delta variant. Efficacy was 92% against Gamma variant and 59% against Mu variant.</p><p><blockquote>对由全球占主导地位的德尔塔变异毒株引起的任何严重程度的新冠肺炎观察到的总体疗效为79%。针对γ变体的功效为92%，针对Mu变体的功效为59%。</blockquote></p><p> Overall efficacy was 67% against COVID-19 of any severity caused by any strain in the study, successfully meeting the primary endpoint of the trial.</p><p><blockquote>针对研究中任何菌株引起的任何严重程度的新冠肺炎，总体疗效为67%，成功达到了试验的主要终点。</blockquote></p><p> Vaccination reduced the risk of symptomatic COVID-19 reinfection caused by any strain by 64.2%.</p><p><blockquote>接种疫苗可将任何菌株引起的有症状的新冠肺炎再感染风险降低64.2%。</blockquote></p><p> SCB-2019 demonstrated a favorable safety profile with no significant difference in systemic adverse events&nbsp;compared to placebo.</p><p><blockquote>SCB-2019显示出良好的安全性特征，与安慰剂相比，全身不良事件无显著差异。</blockquote></p><p> The vaccine was created by combining SCB-2019 with Dynavax's(NASDAQ:DVAX)CpG 1018 advanced adjuvant and aluminum hydroxide (alum).</p><p><blockquote>该疫苗是通过将 SCB-2019 与 Dynavax（纳斯达克股票代码：DVAX）CpG 1018 高级佐剂和氢氧化铝（明矾）相结合而制成的。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DVAX":"德纳维制药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119012338","content_text":"(Sept 22) Dynavax surged over 15% in early trading. Dynavax partner Clover's COVID-19 vaccine shows 79% efficacy against Delta variant.\n\nClover Biopharmaceuticalsannounces that its adjuvanted protein-based COVID-19 vaccine candidate, SCB-2019 (CpG 1018/Alum) achieved the primary efficacy endpoint and secondary efficacy endpoints in Phase 2/3 SPECTRA trial.\nTrial enrolled over 30,000 adult & elderly participants.\nVaccine efficacy was successfully demonstrated where 100% of SARS-CoV-2 strains observed in the efficacy analysis were variants.\n79% overall efficacy observed against COVID-19 of any severity caused by globally dominant Delta variant. Efficacy was 92% against Gamma variant and 59% against Mu variant.\nOverall efficacy was 67% against COVID-19 of any severity caused by any strain in the study, successfully meeting the primary endpoint of the trial.\nVaccination reduced the risk of symptomatic COVID-19 reinfection caused by any strain by 64.2%.\nSCB-2019 demonstrated a favorable safety profile with no significant difference in systemic adverse events compared to placebo.\nThe vaccine was created by combining SCB-2019 with Dynavax's(NASDAQ:DVAX)CpG 1018 advanced adjuvant and aluminum hydroxide (alum).","news_type":1,"symbols_score_info":{"DVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863001849,"gmtCreate":1632326144681,"gmtModify":1632801183433,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"some in the&nbsp;education industry have&nbsp;relatively thin margins but the services they provide are essential&nbsp;","listText":"some in the&nbsp;education industry have&nbsp;relatively thin margins but the services they provide are essential&nbsp;","text":"some in the education industry have relatively thin margins but the services they provide are essential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863001849","repostId":"1157967845","repostType":4,"repost":{"id":"1157967845","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632318810,"share":"https://www.laohunote.com/m/news/1157967845?lang=zh_CN&edition=full","pubTime":"2021-09-22 21:53","market":"us","language":"en","title":"Chinese education stocks rally<blockquote>中国教育股上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157967845","media":"Tiger Newspress","summary":"(Sept 22) Gaotu Techedu rose over 10%. TAL Education jumped over 5%, New Oriental Education & Techno","content":"<p>(Sept 22)&nbsp;Gaotu Techedu rose over 10%. TAL Education jumped over 5%, New Oriental Education &amp; Technology Group advabced over 4%.</p><p><blockquote>（9月22日）高途科技度涨超10%。好未来教育上涨超过5%，新东方教育科技集团上涨超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e39fff0c9d710fd477ba069367091008\" tg-width=\"282\" tg-height=\"252\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Beijing-based Gaotu Techedu is soaring after Q2 netrevenuesrose&nbsp;35.3% Y/Y to RMB2.23B.</p><p><blockquote>总部位于北京的高途科技度第二季度净收入同比增长 35.3% 至人民币 22.3 亿元，股价飙升。</blockquote></p><p> The company said the increase was mainly driven by the growth in paid course enrollments for K-12 courses during the period from the Q4 2020 to Q2 2021, which was contributed by both first-time paid course enrollments and retention of existing students.</p><p><blockquote>该公司表示，这一增长主要是由2020年第四季度至2021年第二季度期间K-12课程付费课程注册人数的增长推动的，这是由首次付费课程注册人数和现有学生的保留造成的。</blockquote></p><p> Q2 net revenues was partially attributable to the paid course enrollments Q4 2020.</p><p><blockquote>第二季度净收入部分归功于2020年第四季度的付费课程注册人数。</blockquote></p><p> Net revenues of online K-12 courses increased 51.0% Y/Y to RMB2.09B.</p><p><blockquote>在线K-12课程收入净额同比增长51.0%至人民币2.09B元。</blockquote></p><p> \"In the second quarter, we have upgraded our organizational structure. We will continue to develop in the area of professional education, STEAM education, vocational education and product digitalization. In exploring professional education, the public office exam sector has maintained its relatively high level; paid users in the financial certificate sector have increased 4 times year over year,\" said CFO&nbsp;Shannon Shen.</p><p><blockquote>“第二季度，我们升级了组织架构。我们将继续在职业教育、STEAM教育、职业教育和产品数字化领域发展。在探索职业教育方面，公务员考试板块保持了相对较高的水平；金融证书板块的付费用户同比增长了4倍，”CFO Shannon Shen表示。</blockquote></p><p> Cost of revenues rose by 100.8% to RMB724.3M, mainly due to increase in recruitment, compensation and learning material cost and rental expenses.</p><p><blockquote>收入成本上升100.8%至人民币7.243亿元，主要由于招聘、薪酬及学习资料成本以及租金开支增加所致。</blockquote></p><p> Non-GAAP net loss was RMB763.9M, compared with non-GAAP net income of RMB72.7M in the prior year period.</p><p><blockquote>非美国通用会计准则净亏损为人民币7.639亿元，去年同期非美国通用会计准则净利润为人民币7270万元。</blockquote></p><p> Net loss was RMB918.8M, compared with net income of RMB18.6M in Q2 2020.</p><p><blockquote>净亏损为人民币9.188亿元，而2020年第二季度的净利润为人民币18.6亿元。</blockquote></p><p> Gross profit increased 16.9% to RMB1.51B.</p><p><blockquote>毛利增长16.9%至人民币15.1亿元。</blockquote></p><p> However, gross profit margin decreased to 67.6% from 78.1% in Q2 2020.</p><p><blockquote>然而，毛利率从2020年第二季度的78.1%下降至67.6%。</blockquote></p><p> The decrease was mainly due to the increase in compensation for instructors.</p><p><blockquote>减少主要由于教师薪酬增加所致。</blockquote></p><p> Non-GAAP gross profit increased by 18.2% to RMB1.54B.</p><p><blockquote>非公认会计准则毛利增长18.2%至人民币15.4亿元。</blockquote></p><p> Meanwhile, non-GAAP gross profit margin decreased to 69.1% from 79.1% in the same period of 2020.</p><p><blockquote>与此同时，非GAAP毛利率从2020年同期的79.1%下降至69.1%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese education stocks rally<blockquote>中国教育股上涨</blockquote></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\">\nChinese education stocks rally<blockquote>中国教育股上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-22 21:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 22)&nbsp;Gaotu Techedu rose over 10%. TAL Education jumped over 5%, New Oriental Education &amp; Technology Group advabced over 4%.</p><p><blockquote>（9月22日）高途科技度涨超10%。好未来教育上涨超过5%，新东方教育科技集团上涨超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e39fff0c9d710fd477ba069367091008\" tg-width=\"282\" tg-height=\"252\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Beijing-based Gaotu Techedu is soaring after Q2 netrevenuesrose&nbsp;35.3% Y/Y to RMB2.23B.</p><p><blockquote>总部位于北京的高途科技度第二季度净收入同比增长 35.3% 至人民币 22.3 亿元，股价飙升。</blockquote></p><p> The company said the increase was mainly driven by the growth in paid course enrollments for K-12 courses during the period from the Q4 2020 to Q2 2021, which was contributed by both first-time paid course enrollments and retention of existing students.</p><p><blockquote>该公司表示，这一增长主要是由2020年第四季度至2021年第二季度期间K-12课程付费课程注册人数的增长推动的，这是由首次付费课程注册人数和现有学生的保留造成的。</blockquote></p><p> Q2 net revenues was partially attributable to the paid course enrollments Q4 2020.</p><p><blockquote>第二季度净收入部分归功于2020年第四季度的付费课程注册人数。</blockquote></p><p> Net revenues of online K-12 courses increased 51.0% Y/Y to RMB2.09B.</p><p><blockquote>在线K-12课程收入净额同比增长51.0%至人民币2.09B元。</blockquote></p><p> \"In the second quarter, we have upgraded our organizational structure. We will continue to develop in the area of professional education, STEAM education, vocational education and product digitalization. In exploring professional education, the public office exam sector has maintained its relatively high level; paid users in the financial certificate sector have increased 4 times year over year,\" said CFO&nbsp;Shannon Shen.</p><p><blockquote>“第二季度，我们升级了组织架构。我们将继续在职业教育、STEAM教育、职业教育和产品数字化领域发展。在探索职业教育方面，公务员考试板块保持了相对较高的水平；金融证书板块的付费用户同比增长了4倍，”CFO Shannon Shen表示。</blockquote></p><p> Cost of revenues rose by 100.8% to RMB724.3M, mainly due to increase in recruitment, compensation and learning material cost and rental expenses.</p><p><blockquote>收入成本上升100.8%至人民币7.243亿元，主要由于招聘、薪酬及学习资料成本以及租金开支增加所致。</blockquote></p><p> Non-GAAP net loss was RMB763.9M, compared with non-GAAP net income of RMB72.7M in the prior year period.</p><p><blockquote>非美国通用会计准则净亏损为人民币7.639亿元，去年同期非美国通用会计准则净利润为人民币7270万元。</blockquote></p><p> Net loss was RMB918.8M, compared with net income of RMB18.6M in Q2 2020.</p><p><blockquote>净亏损为人民币9.188亿元，而2020年第二季度的净利润为人民币18.6亿元。</blockquote></p><p> Gross profit increased 16.9% to RMB1.51B.</p><p><blockquote>毛利增长16.9%至人民币15.1亿元。</blockquote></p><p> However, gross profit margin decreased to 67.6% from 78.1% in Q2 2020.</p><p><blockquote>然而，毛利率从2020年第二季度的78.1%下降至67.6%。</blockquote></p><p> The decrease was mainly due to the increase in compensation for instructors.</p><p><blockquote>减少主要由于教师薪酬增加所致。</blockquote></p><p> Non-GAAP gross profit increased by 18.2% to RMB1.54B.</p><p><blockquote>非公认会计准则毛利增长18.2%至人民币15.4亿元。</blockquote></p><p> Meanwhile, non-GAAP gross profit margin decreased to 69.1% from 79.1% in the same period of 2020.</p><p><blockquote>与此同时，非GAAP毛利率从2020年同期的79.1%下降至69.1%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157967845","content_text":"(Sept 22) Gaotu Techedu rose over 10%. TAL Education jumped over 5%, New Oriental Education & Technology Group advabced over 4%.\n\nBeijing-based Gaotu Techedu is soaring after Q2 netrevenuesrose 35.3% Y/Y to RMB2.23B.\nThe company said the increase was mainly driven by the growth in paid course enrollments for K-12 courses during the period from the Q4 2020 to Q2 2021, which was contributed by both first-time paid course enrollments and retention of existing students.\nQ2 net revenues was partially attributable to the paid course enrollments Q4 2020.\nNet revenues of online K-12 courses increased 51.0% Y/Y to RMB2.09B.\n\"In the second quarter, we have upgraded our organizational structure. We will continue to develop in the area of professional education, STEAM education, vocational education and product digitalization. In exploring professional education, the public office exam sector has maintained its relatively high level; paid users in the financial certificate sector have increased 4 times year over year,\" said CFO Shannon Shen.\nCost of revenues rose by 100.8% to RMB724.3M, mainly due to increase in recruitment, compensation and learning material cost and rental expenses.\nNon-GAAP net loss was RMB763.9M, compared with non-GAAP net income of RMB72.7M in the prior year period.\nNet loss was RMB918.8M, compared with net income of RMB18.6M in Q2 2020.\nGross profit increased 16.9% to RMB1.51B.\nHowever, gross profit margin decreased to 67.6% from 78.1% in Q2 2020.\nThe decrease was mainly due to the increase in compensation for instructors.\nNon-GAAP gross profit increased by 18.2% to RMB1.54B.\nMeanwhile, non-GAAP gross profit margin decreased to 69.1% from 79.1% in the same period of 2020.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863003501,"gmtCreate":1632326089303,"gmtModify":1632801184295,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"need to wait for further news on developments for this company&nbsp;","listText":"need to wait for further news on developments for this company&nbsp;","text":"need to wait for further news on developments for this company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863003501","repostId":"1188312033","repostType":4,"repost":{"id":"1188312033","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632319867,"share":"https://www.laohunote.com/m/news/1188312033?lang=zh_CN&edition=full","pubTime":"2021-09-22 22:11","market":"us","language":"en","title":"Biogen fell 3% in early trading<blockquote>百健早盘下跌 3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188312033","media":"Tiger Newspress","summary":"(Sept 22) Biogen fell 3% in early trading. Biogen Stock Is Down on a Report That Few Have Received I","content":"<p>(Sept 22)&nbsp;<a href=\"https://laohu8.com/S/BIIB\">Biogen</a> fell 3% in early trading.&nbsp;Biogen Stock Is Down on a Report That Few Have Received Its <a href=\"https://laohu8.com/S/NGD\">New</a> Alzheimer's Therapy</p><p><blockquote>（9月22日）<a href=\"https://laohu8.com/S/BIIB\">百健</a>早盘交易中下跌 3%。百健 (Biogen) 股价下跌，原因是有报道称很少有人收到<a href=\"https://laohu8.com/S/NGD\">新的</a>阿尔茨海默病治疗</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e528cf58310c3b6defff78e22cdcfa40\" tg-width=\"966\" tg-height=\"526\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biogen fell 3% in early trading<blockquote>百健早盘下跌 3%</blockquote></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\">\nBiogen fell 3% in early trading<blockquote>百健早盘下跌 3%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-22 22:11</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 22)&nbsp;<a href=\"https://laohu8.com/S/BIIB\">Biogen</a> fell 3% in early trading.&nbsp;Biogen Stock Is Down on a Report That Few Have Received Its <a href=\"https://laohu8.com/S/NGD\">New</a> Alzheimer's Therapy</p><p><blockquote>（9月22日）<a href=\"https://laohu8.com/S/BIIB\">百健</a>早盘交易中下跌 3%。百健 (Biogen) 股价下跌，原因是有报道称很少有人收到<a href=\"https://laohu8.com/S/NGD\">新的</a>阿尔茨海默病治疗</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e528cf58310c3b6defff78e22cdcfa40\" tg-width=\"966\" tg-height=\"526\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIIB":"渤健公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188312033","content_text":"(Sept 22) Biogen fell 3% in early trading. Biogen Stock Is Down on a Report That Few Have Received Its New Alzheimer's Therapy","news_type":1,"symbols_score_info":{"BIIB":0.9}},"isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":863003942,"gmtCreate":1632326057286,"gmtModify":1632801184916,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"wow, that’s a pretty decent order book right there&nbsp;","listText":"wow, that’s a pretty decent order book right there&nbsp;","text":"wow, that’s a pretty decent order book right there","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/863003942","repostId":"1143821004","repostType":4,"isVote":1,"tweetType":1,"viewCount":937,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884661670,"gmtCreate":1631887533590,"gmtModify":1631888868741,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"price competition is heating up","listText":"price competition is heating up","text":"price competition is heating up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/884661670","repostId":"2168783315","repostType":4,"isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":840451825,"gmtCreate":1635677436039,"gmtModify":1635677436209,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"anyone thinks Elastic’s price will shoot up like anelastic band? haha","listText":"anyone thinks Elastic’s price will shoot up like anelastic band? haha","text":"anyone thinks Elastic’s price will shoot up like anelastic band? haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840451825","repostId":"2179225125","repostType":4,"isVote":1,"tweetType":1,"viewCount":4200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863575272,"gmtCreate":1632409088796,"gmtModify":1632730796013,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"being an AI compny in the finance industry,&nbsp;Upstart has promising potential","listText":"being an AI compny in the finance industry,&nbsp;Upstart has promising potential","text":"being an AI compny in the finance industry, Upstart has promising potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863575272","repostId":"2169664162","repostType":4,"isVote":1,"tweetType":1,"viewCount":3187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883638025,"gmtCreate":1631236901767,"gmtModify":1631888868760,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"does anyone think the nasdaq is due for a reversal?","listText":"does anyone think the nasdaq is due for a reversal?","text":"does anyone think the nasdaq is due for a reversal?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/883638025","repostId":"2166426123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860817821,"gmtCreate":1632151693363,"gmtModify":1632802470879,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"it’s ok. will recover over the week i think","listText":"it’s ok. will recover over the week i think","text":"it’s ok. will recover over the week i think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860817821","repostId":"1139071808","repostType":4,"repost":{"id":"1139071808","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632144660,"share":"https://www.laohunote.com/m/news/1139071808?lang=zh_CN&edition=full","pubTime":"2021-09-20 21:31","market":"us","language":"en","title":"U.S. stock market falls sharply lower early Monday<blockquote>美国股市周一早些时候大幅下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139071808","media":"Tiger Newspress","summary":"(Sept 20) U.S. stocks began the week deeply in the red as investors continued to move to the sidelin","content":"<p>(Sept 20)&nbsp;U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market.</p><p><blockquote>（9月20日）美国由于市场出现了一些新出现的风险，投资者在 9 月份继续观望，股市本周开局大幅亏损。</blockquote></p><p> The Dow Jones Industrial average lost 580 points. The S&amp;P 500 fell 1.7%. Nasdaq 100 futures dropped 1.7%. If the declines hold after the open, the blue-chip Dow is set for its biggest one day drop since July 19, while the S&amp;P 500 is poised for their worst sell-off since May.</p><p><blockquote>道琼斯工业平均指数下跌580点。标普500下跌1.7%。纳斯达克 100 期货下跌 1.7%。如果开盘后跌势保持不变，蓝筹股道琼斯指数将创下自 7 月 19 日以来的最大单日跌幅，而标普500指数将迎来自 5 月以来最严重的抛售。</blockquote></p><p> VIX surged 20%. Airline stocks rally.</p><p><blockquote>VIX飙升20%。航空股上涨。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stock market falls sharply lower early Monday<blockquote>美国股市周一早些时候大幅下跌</blockquote></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\">\nU.S. stock market falls sharply lower early Monday<blockquote>美国股市周一早些时候大幅下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-20 21:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 20)&nbsp;U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market.</p><p><blockquote>（9月20日）美国由于市场出现了一些新出现的风险，投资者在 9 月份继续观望，股市本周开局大幅亏损。</blockquote></p><p> The Dow Jones Industrial average lost 580 points. The S&amp;P 500 fell 1.7%. Nasdaq 100 futures dropped 1.7%. If the declines hold after the open, the blue-chip Dow is set for its biggest one day drop since July 19, while the S&amp;P 500 is poised for their worst sell-off since May.</p><p><blockquote>道琼斯工业平均指数下跌580点。标普500下跌1.7%。纳斯达克 100 期货下跌 1.7%。如果开盘后跌势保持不变，蓝筹股道琼斯指数将创下自 7 月 19 日以来的最大单日跌幅，而标普500指数将迎来自 5 月以来最严重的抛售。</blockquote></p><p> VIX surged 20%. Airline stocks rally.</p><p><blockquote>VIX飙升20%。航空股上涨。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139071808","content_text":"(Sept 20) U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market.\nThe Dow Jones Industrial average lost 580 points. The S&P 500 fell 1.7%. Nasdaq 100 futures dropped 1.7%. If the declines hold after the open, the blue-chip Dow is set for its biggest one day drop since July 19, while the S&P 500 is poised for their worst sell-off since May.\nVIX surged 20%. Airline stocks rally.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860356813,"gmtCreate":1632140352132,"gmtModify":1632802598440,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"Retail and logistics are coming back!","listText":"Retail and logistics are coming back!","text":"Retail and logistics are coming back!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/860356813","repostId":"1194891884","repostType":4,"repost":{"id":"1194891884","kind":"news","pubTimestamp":1632091615,"share":"https://www.laohunote.com/m/news/1194891884?lang=zh_CN&edition=full","pubTime":"2021-09-20 06:46","market":"us","language":"en","title":"Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194891884","media":"Barrons","summary":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also","content":"<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p><p><blockquote>本周的重头戏将是美联储 9 月份的政策会议。投资者还将关注多项企业财报发布、投资者日和最新经济数据。</blockquote></p><p> Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p><p><blockquote>Lennar 将于周一公布季度收益，随后 Adobe、AutoZone 和 FedEx 将于周二公布业绩。通用磨坊周三发布报告，耐克、埃森哲、好市多批发和达顿餐厅周四发布报告。本周的投资者日包括周二的百健、周三的惠好和周四的 Salesforce.com。</blockquote></p><p> The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p><p><blockquote>美联储货币政策委员会将于本周二和周三召开会议。央行不太可能改变其目标利率区间，但可能会更新其开始减少每月资产购买的计划。周三下午美联储主席杰罗姆-鲍威尔（Jerome Powell）的新闻发布会将受到密切关注。</blockquote></p><p> Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p><p><blockquote>本周公布的经济数据包括世界大型企业联合会周四公布的 8 月份领先经济指数。美国房地产市场还将发布多项最新消息，包括周一公布的全国房屋建筑商协会（National Association of Home Builders）9 月份住房市场指数、周二公布的人口普查局（Census Bureau）8 月份新住宅建设数据以及周三公布的全国房地产经纪人协会（National Association of Realtors）8 月份成屋销售数据。</blockquote></p><p> <b>Monday 9/20</b></p><p><blockquote><b>9/20星期一</b></blockquote></p><p> Lennar reports third-quarter fiscal-2021 results.</p><p><blockquote>Lennar 报告 2021 财年第三季度业绩。</blockquote></p><p> Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p><p><blockquote>默克公司在欧洲肿瘤医学学会 2021 年大会上展示了其癌症药物组合的数据。</blockquote></p><p> <b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p><p><blockquote><b>全国协会</b>Home Builders 发布 9 月份房地产市场指数。经济学家预测读数为 73，比 8 月份的数字低 2 个百分点，8 月份是一年多来的最低值。</blockquote></p><p> <b>Tuesday 9/21</b></p><p><blockquote><b>9月21日星期二</b></blockquote></p><p> Adobe, AutoZone, and FedEx release earnings.</p><p><blockquote>Adobe、AutoZone 和联邦快递发布财报。</blockquote></p><p> Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p><p><blockquote>百健举办投资者日活动，讨论其神经科学疗法管道。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p><p><blockquote><b>人口普查局</b>8月份新住宅建设报告。普遍估计，经季节性调整后的新屋开工年率为 155 万套，比 7 月份的水平高出 1%。新屋开工率低于今年 3 月达到的金融危机后峰值 172.5 万套。</blockquote></p><p> <b>Wednesday 9/22</b></p><p><blockquote><b>9月22日星期三</b></blockquote></p><p> <b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p><p><blockquote><b>联邦公开市场委员会宣布</b>其货币政策决定。美联储可能会将联邦基金利率维持在接近于零的水平不变，但可能会暗示将在今年晚些时候削减资产购买。</blockquote></p><p> General Mills reports first-quarter fiscal-2022 results.</p><p><blockquote>通用磨坊公布 2022 财年第一季度业绩。</blockquote></p><p> Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p><p><blockquote>波士顿科学、惠好和百胜中国控股公司举办 2021 年投资者日。</blockquote></p><p> <b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p><p><blockquote><b>日本银行</b>宣布货币政策决定。人们普遍预计日本央行将维持其关键短期利率在负0.1%不变，因为由于新冠肺炎德尔塔变异毒株，东京都和其他地区在9月底前仍处于紧急状态。</blockquote></p><p> <b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p><p><blockquote><b>全国协会</b>房地产经纪人报告8月份的现房销售情况。经季节性调整后，预计全年售出房屋57.8万套，比7月份的59.9万套下降3.5%。</blockquote></p><p> <b>Thursday 9/23</b></p><p><blockquote><b>9月23日星期四</b></blockquote></p><p> Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p><p><blockquote>埃森哲、好市多批发、达顿餐厅和耐克公司在评级举行会议，讨论他们的季度业绩。</blockquote></p><p> Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p><p><blockquote>Salesforce.com 举办 2021 年投资者日。首席执行官马克·贝尼奥夫和Slack首席执行官斯图尔特·巴特菲尔德将出席。Salesforce 今年夏天完成了对 Slack 的 280 亿美元收购。</blockquote></p><p> <b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p><p><blockquote><b>会议委员会</b>发布8月份领先经济指数。经济学家预测，继 7 月份上涨 0.9% 之后，环比上涨 0.5%。世界大型企业联合会目前预计 2021 年国内生产总值增长 6%，2022 年增长 4%。</blockquote></p><p> <b>Friday 9/24</b></p><p><blockquote><b>9月24日星期五</b></blockquote></p><p> Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p><p><blockquote>堪萨斯城南方公司召开特别股东大会，就与加拿大太平洋铁路公司的合并提案进行投票。</blockquote></p><p></p>","source":"lsy1601382232898","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>Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote></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\">\nNike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce 和其他投资者本周值得关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-20 06:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p><p><blockquote>本周的重头戏将是美联储 9 月份的政策会议。投资者还将关注多项企业财报发布、投资者日和最新经济数据。</blockquote></p><p> Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p><p><blockquote>Lennar 将于周一公布季度收益，随后 Adobe、AutoZone 和 FedEx 将于周二公布业绩。通用磨坊周三发布报告，耐克、埃森哲、好市多批发和达顿餐厅周四发布报告。本周的投资者日包括周二的百健、周三的惠好和周四的 Salesforce.com。</blockquote></p><p> The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p><p><blockquote>美联储货币政策委员会将于本周二和周三召开会议。央行不太可能改变其目标利率区间，但可能会更新其开始减少每月资产购买的计划。周三下午美联储主席杰罗姆-鲍威尔（Jerome Powell）的新闻发布会将受到密切关注。</blockquote></p><p> Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p><p><blockquote>本周公布的经济数据包括世界大型企业联合会周四公布的 8 月份领先经济指数。美国房地产市场还将发布多项最新消息，包括周一公布的全国房屋建筑商协会（National Association of Home Builders）9 月份住房市场指数、周二公布的人口普查局（Census Bureau）8 月份新住宅建设数据以及周三公布的全国房地产经纪人协会（National Association of Realtors）8 月份成屋销售数据。</blockquote></p><p> <b>Monday 9/20</b></p><p><blockquote><b>9/20星期一</b></blockquote></p><p> Lennar reports third-quarter fiscal-2021 results.</p><p><blockquote>Lennar 报告 2021 财年第三季度业绩。</blockquote></p><p> Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p><p><blockquote>默克公司在欧洲肿瘤医学学会 2021 年大会上展示了其癌症药物组合的数据。</blockquote></p><p> <b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p><p><blockquote><b>全国协会</b>Home Builders 发布 9 月份房地产市场指数。经济学家预测读数为 73，比 8 月份的数字低 2 个百分点，8 月份是一年多来的最低值。</blockquote></p><p> <b>Tuesday 9/21</b></p><p><blockquote><b>9月21日星期二</b></blockquote></p><p> Adobe, AutoZone, and FedEx release earnings.</p><p><blockquote>Adobe、AutoZone 和联邦快递发布财报。</blockquote></p><p> Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p><p><blockquote>百健举办投资者日活动，讨论其神经科学疗法管道。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p><p><blockquote><b>人口普查局</b>8月份新住宅建设报告。普遍估计，经季节性调整后的新屋开工年率为 155 万套，比 7 月份的水平高出 1%。新屋开工率低于今年 3 月达到的金融危机后峰值 172.5 万套。</blockquote></p><p> <b>Wednesday 9/22</b></p><p><blockquote><b>9月22日星期三</b></blockquote></p><p> <b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p><p><blockquote><b>联邦公开市场委员会宣布</b>其货币政策决定。美联储可能会将联邦基金利率维持在接近于零的水平不变，但可能会暗示将在今年晚些时候削减资产购买。</blockquote></p><p> General Mills reports first-quarter fiscal-2022 results.</p><p><blockquote>通用磨坊公布 2022 财年第一季度业绩。</blockquote></p><p> Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p><p><blockquote>波士顿科学、惠好和百胜中国控股公司举办 2021 年投资者日。</blockquote></p><p> <b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p><p><blockquote><b>日本银行</b>宣布货币政策决定。人们普遍预计日本央行将维持其关键短期利率在负0.1%不变，因为由于新冠肺炎德尔塔变异毒株，东京都和其他地区在9月底前仍处于紧急状态。</blockquote></p><p> <b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p><p><blockquote><b>全国协会</b>房地产经纪人报告8月份的现房销售情况。经季节性调整后，预计全年售出房屋57.8万套，比7月份的59.9万套下降3.5%。</blockquote></p><p> <b>Thursday 9/23</b></p><p><blockquote><b>9月23日星期四</b></blockquote></p><p> Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p><p><blockquote>埃森哲、好市多批发、达顿餐厅和耐克公司在评级举行会议，讨论他们的季度业绩。</blockquote></p><p> Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p><p><blockquote>Salesforce.com 举办 2021 年投资者日。首席执行官马克·贝尼奥夫和Slack首席执行官斯图尔特·巴特菲尔德将出席。Salesforce 今年夏天完成了对 Slack 的 280 亿美元收购。</blockquote></p><p> <b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p><p><blockquote><b>会议委员会</b>发布8月份领先经济指数。经济学家预测，继 7 月份上涨 0.9% 之后，环比上涨 0.5%。世界大型企业联合会目前预计 2021 年国内生产总值增长 6%，2022 年增长 4%。</blockquote></p><p> <b>Friday 9/24</b></p><p><blockquote><b>9月24日星期五</b></blockquote></p><p> Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p><p><blockquote>堪萨斯城南方公司召开特别股东大会，就与加拿大太平洋铁路公司的合并提案进行投票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","NKE":"耐克","FDX":"联邦快递",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","COST":"好市多","CRM":"赛富时","ADBE":"Adobe"},"source_url":"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194891884","content_text":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\nLennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.\nThe Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.\nEconomic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.\nMonday 9/20\nLennar reports third-quarter fiscal-2021 results.\nMerck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.\nThe National Association of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.\nTuesday 9/21\nAdobe, AutoZone, and FedEx release earnings.\nBiogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.\nThe Census Bureau reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.\nWednesday 9/22\nThe FOMC announces its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.\nGeneral Mills reports first-quarter fiscal-2022 results.\nBoston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.\nTheBank of Japan announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.\nThe National Association of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.\nThursday 9/23\nAccenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.\nSalesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.\nThe Conference Board releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.\nFriday 9/24\nKansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.","news_type":1,"symbols_score_info":{"FDX":0.9,"COST":0.9,".SPX":0.9,"CRM":0.9,".DJI":0.9,"NKE":0.9,"ADBE":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883076415,"gmtCreate":1631194089237,"gmtModify":1631883826695,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"wonder if lenzilumab&nbsp;will one day be accepted to treat covid. if yes, humanigen is in for an upside","listText":"wonder if lenzilumab&nbsp;will one day be accepted to treat covid. if yes, humanigen is in for an upside","text":"wonder if lenzilumab will one day be accepted to treat covid. if yes, humanigen is in for an upside","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/883076415","repostId":"1178868825","repostType":4,"repost":{"id":"1178868825","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631189052,"share":"https://www.laohunote.com/m/news/1178868825?lang=zh_CN&edition=full","pubTime":"2021-09-09 20:04","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178868825","media":"Tiger Newspress","summary":"U.S. stock futures fall ahead of jobless claims.\nChina’s tech stocks slid after firms including Tenc","content":"<p><ul>  <li>U.S. stock futures fall ahead of jobless claims.</li>  <li>China’s tech stocks slid after&nbsp;<b>firms including Tencent and NetEase</b>&nbsp;<b>were</b>&nbsp;<b>told&nbsp; to end their focus on profit in gaming.</b></li>  <li>GameStop sinks on lack of guidance; Lululemon soars on strong outlook.</li>  <li>Ukraine to become latest country to legalize bitcoin as it goes global</li> </ul> (Sept 9)&nbsp;Futures were pinned in the red on Thursday, pointing to a lower open for Wall Street's regular session, with investors struggling to reconcile a still hot jobs market with an economy that's seen its momentum dented by soaring COVID-19 infections.</p><p><blockquote><ul><li>美国股指期货在申请失业救济人数之前下跌。</li><li>中国科技股下跌<b>包括腾讯控股和网易在内的公司</b> <b>是</b> <b>被告知停止对游戏利润的关注。</b></li><li>游戏驿站因缺乏指导而沉沦；Lululemon 因前景强劲而飙升。</li><li>随着比特币走向全球，乌克兰将成为最新一个将其合法化的国家</li></ul>（9 月 9 日）周四期货出现亏损，表明华尔街常规交易时段开盘走低，投资者正在努力调和仍然火热的就业市场与因 COVID-19 感染飙升而削弱其势头的经济。</blockquote></p><p> At 8:07 a.m. ET, Dow E-minis were down 4 points, or 0.01%, S&amp;P 500 E-minis fell 2.25 points, or 0.05% and Nasdaq 100 E-minis dipped 3.25 points, or 0.02%.</p><p><blockquote>美国东部时间上午 8:07，道琼斯电子迷你指数下跌 4 点，跌幅 0.01%，标普500电子迷你指数下跌 2.25 点，跌幅 0.05%，纳斯达克 100 电子迷你指数下跌 3.25 点，跌幅 0.02%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/13ef085786e7e3e80d4e763e0f6a298e\" tg-width=\"1231\" tg-height=\"517\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Heavyweight technology stocks including Apple, Microsoft, Alphabet, Netflix and Amazon.com Inc all fell about 0.3% each in premarket trading.&nbsp; In U.S. premarket trading, China’s tech stocks slid after&nbsp;<b>firms including Tencent and NetEase</b>&nbsp;<b>were</b>&nbsp;<b>told&nbsp; to end their focus on profit in gaming.</b>&nbsp;The selloff extended to the&nbsp;U.S. premarket hours&nbsp;when NetEase and Alibaba tumbled, underscoring the market’s continued vulnerability to policy risks. NetEase (NTES) slips 6.4% and Bilibili (BILI) falls 6.9%, while the likes of Alibaba (BABA), Pinduoduo (PDD) and Baidu (BIDU) also dropped as did Roblox, Activision Blizzard, Electronic Art and Take-Two, all down between 0.3% and 1.6%. Digital Realty, which manages technology-related properties, declined 3.6% after entering into forward sale agreements with banks for 6.25 million shares at $160.50 each.</p><p><blockquote>苹果、微软、Alphabet、Netflix 和亚马逊等权重科技股在盘前交易中均下跌约 0.3%。在美国盘前交易中，中国科技股在<b>包括腾讯控股和网易在内的公司</b> <b>是</b> <b>被告知停止对游戏利润的关注。</b>抛售蔓延到美国。网易和阿里巴巴-SW在盘前暴跌，凸显了市场仍然容易受到政策风险的影响。网易 (NTES) 下跌 6.4%，哔哩哔哩 (BILI) 下跌 6.9%，而阿里巴巴-SW (BABA)、拼多多 (PDD) 和百度 (BIDU) 等公司也下跌，Roblox、动视暴雪、艺电和 Take-Two 也下跌，跌幅均在 0.3% 至 1.6% 之间。管理技术相关房产的 Digital Realty 在与银行签订远期销售协议后，股价下跌 3.6%，出售 625 万股股票，每股售价 160.50 美元。</blockquote></p><p> Lululemon surged 14% as analysts increased their price targets on the stock after the athletic clothing retailer boosted its outlook for the year and reported 2Q sales that outpaced expectations. The company continues to benefit from the trend toward casual and athleisure fashion, according to Jefferies. Peer Nike (NKE) rises 1.6%.</p><p><blockquote>运动服装零售商 Lululemon 上调了今年的展望，并公布第二季度销售额超出预期，分析师提高了该股的目标价，股价飙升 14%。杰富瑞表示，该公司继续受益于休闲和运动休闲时尚的趋势。同行耐克 (NKE) 上涨 1.6%。</blockquote></p><p> <b>Here are some other notable movers this morning:</b></p><p><blockquote><b>以下是今天早上其他一些值得注意的举措：</b></blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/CRDF\">Cardiff Oncology, Inc.</a> </b>soars 16% after the company said Wednesday that data from a colorectal cancer drug trial showed “robust objective response rate and progression free survival.”</li>  <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a> </b>declines 6.8% after reporting a second-quarter loss that was wider than Wall Street projections. It also held a very brief earnings call in which it said it wouldn’t provide guidance. Its peer among the day trader crowd, AMC Entertainment (AMC) also slips 2.7%.</li>  <li><b><a href=\"https://laohu8.com/S/HGEN\">Humanigen, Inc.</a></b> shares tumble 53% after the U.S. FDA declined its request for emergency use authorization of lenzilumab to treat newly-hospitalized Covid-19 patients.</li> </ul> <b>In Fx, </b>the dollar slipped after a three-day gain, the JPY and GBP topped the G-10 leaderboard, while EUR holds within Wednesday’s range ahead of today’s ECB meeting. The Bloomberg Dollar Spot Index inched lower and the greenback fell against most of its Group-of-10 peers even as many currencies traded in tight ranges; the Treasury curve bull- flattened modestly. The yen was the top performer among G-10 peers amid haven demand. The euro came off yesterday’s one-week low while Bunds and Italian bonds were little changed before the ECB’s meeting; the pound advanced to a day-high in the European session.</p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/CRDF\">卡迪夫肿瘤学公司。</a></b>该公司周三表示，一项结肠直肠癌药物试验的数据显示 “强劲的客观缓解率和无进展生存率”，股价飙升 16%。</li><li><b><a href=\"https://laohu8.com/S/GME\">游戏驿站</a></b>第二季度亏损超出华尔街预期，股价下跌 6.8%。该公司还举行了一次非常简短的财报看涨期权，其中表示不会提供指导。日内交易人群中的同行AMC院线 (AMC) 也下跌了 2.7%。</li><li><b><a href=\"https://laohu8.com/S/HGEN\">Humanigen公司。</a></b>美国 FDA 拒绝了 lenzilumab 紧急使用授权用于治疗新住院的 Covid-19 患者的请求后，股价暴跌 53%。</li></ul><b>在外汇中，</b>美元在连续三天上涨后下滑，日元和英镑在十国集团排行榜上名列前茅，而欧元在今天的欧洲央行会议之前保持在周三的区间内。彭博美元现货指数小幅走低，美元兑10国集团大多数货币下跌，尽管许多货币在窄幅交易中；美国国债曲线小幅走平。由于避险需求，日元在 G-10 货币中表现最佳。欧元从昨天的一周低点回落，而欧洲央行会议前国债和意大利债券变化不大；英镑在欧洲时段升至当日高点。</blockquote></p><p> <b>In rates,</b> Treasuries held small gains from intermediate sector to long-end of the curve with S&amp;P 500 following declines in FTSE 100 and Euro Stoxx 50. Yields richer by ~1bp across long-end of the curve, flattening 2s10s, 5s30s spreads slightly; 10-year yields around 1.33%, outperforming gilts by almost 3bp. Curve and outright concession have faded ahead of 30-year bond reopening during U.S. afternoon, focal point of U.S. session after ECB policy decision at 7:45am ET.&nbsp; The weekly US auction cycle concludes with $24b 30-year bond sale at 1pm ET; 3- and 10-year auctions drew strong demand. WI 30-year yield at 1.947% is below auction stops since February and ~9bp richer than last month’s, which tailed the WI by 1bp. Peripheral spreads tighten a touch. Gilts bear flatten with the short end cheaper by ~2bps</p><p><blockquote><b>在费率上，</b>随着富时 100 指数和欧洲斯托克 50 指数下跌，标普500从中间板块到曲线长端小幅上涨。曲线长端收益率增加约1bp，2s10s变平，5s30s略有扩散；10 年期国债收益率约为 1.33%，跑赢英国国债近 3 个基点。在美国下午 30 年期债券重新开放之前，曲线和彻底让步已经消失，这是美国东部时间上午 7:45 欧洲央行政策决定后美国时段的焦点。美国每周拍卖周期在美国东部时间下午 1 点以 24b 美元的 30 年期债券销售结束；3 年期和 10 年期拍卖吸引了强劲需求。WI 30 年期国债收益率为 1.947%，自 2 月份以来一直低于拍卖止损点，比上月高出约 9 个基点，上个月的收益率落后 WI 1 个基点。外围价差收紧触感。英国国债持平，空头价格下降约 2 个基点</blockquote></p><p> <b>In commodities, </b>crude futures were little changed, maintaining Asia’s narrow range. WTI drifts just above $69, Brent near $72.60. Spot gold puts in a ~$5 move to the upside to trade near $1,794/oz. Base metals are well bid with LME nickel and tin outperforming. LME copper reverses Wednesday’s drop, adding 1.4%. Bitcoin fluctuated between gains and losses, trading around $46,000.</p><p><blockquote><b>在大宗商品方面，</b>原油期货变化不大，维持亚洲窄幅波动。WTI 略高于 69 美元，布伦特原油接近 72.60 美元。现货黄金上涨约 5 美元，交易价格接近 1,794 美元/盎司。基本金属出价良好，LME镍和锡表现优异。伦敦金属交易所铜价扭转了周三的跌势，上涨了1.4%。比特币在涨跌之间波动，交易价格在 46,000 美元左右。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote></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\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的顶线</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-09 20:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li>U.S. stock futures fall ahead of jobless claims.</li>  <li>China’s tech stocks slid after&nbsp;<b>firms including Tencent and NetEase</b>&nbsp;<b>were</b>&nbsp;<b>told&nbsp; to end their focus on profit in gaming.</b></li>  <li>GameStop sinks on lack of guidance; Lululemon soars on strong outlook.</li>  <li>Ukraine to become latest country to legalize bitcoin as it goes global</li> </ul> (Sept 9)&nbsp;Futures were pinned in the red on Thursday, pointing to a lower open for Wall Street's regular session, with investors struggling to reconcile a still hot jobs market with an economy that's seen its momentum dented by soaring COVID-19 infections.</p><p><blockquote><ul><li>美国股指期货在申请失业救济人数之前下跌。</li><li>中国科技股下跌<b>包括腾讯控股和网易在内的公司</b> <b>是</b> <b>被告知停止对游戏利润的关注。</b></li><li>游戏驿站因缺乏指导而沉沦；Lululemon 因前景强劲而飙升。</li><li>随着比特币走向全球，乌克兰将成为最新一个将其合法化的国家</li></ul>（9 月 9 日）周四期货出现亏损，表明华尔街常规交易时段开盘走低，投资者正在努力调和仍然火热的就业市场与因 COVID-19 感染飙升而削弱其势头的经济。</blockquote></p><p> At 8:07 a.m. ET, Dow E-minis were down 4 points, or 0.01%, S&amp;P 500 E-minis fell 2.25 points, or 0.05% and Nasdaq 100 E-minis dipped 3.25 points, or 0.02%.</p><p><blockquote>美国东部时间上午 8:07，道琼斯电子迷你指数下跌 4 点，跌幅 0.01%，标普500电子迷你指数下跌 2.25 点，跌幅 0.05%，纳斯达克 100 电子迷你指数下跌 3.25 点，跌幅 0.02%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/13ef085786e7e3e80d4e763e0f6a298e\" tg-width=\"1231\" tg-height=\"517\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Heavyweight technology stocks including Apple, Microsoft, Alphabet, Netflix and Amazon.com Inc all fell about 0.3% each in premarket trading.&nbsp; In U.S. premarket trading, China’s tech stocks slid after&nbsp;<b>firms including Tencent and NetEase</b>&nbsp;<b>were</b>&nbsp;<b>told&nbsp; to end their focus on profit in gaming.</b>&nbsp;The selloff extended to the&nbsp;U.S. premarket hours&nbsp;when NetEase and Alibaba tumbled, underscoring the market’s continued vulnerability to policy risks. NetEase (NTES) slips 6.4% and Bilibili (BILI) falls 6.9%, while the likes of Alibaba (BABA), Pinduoduo (PDD) and Baidu (BIDU) also dropped as did Roblox, Activision Blizzard, Electronic Art and Take-Two, all down between 0.3% and 1.6%. Digital Realty, which manages technology-related properties, declined 3.6% after entering into forward sale agreements with banks for 6.25 million shares at $160.50 each.</p><p><blockquote>苹果、微软、Alphabet、Netflix 和亚马逊等权重科技股在盘前交易中均下跌约 0.3%。在美国盘前交易中，中国科技股在<b>包括腾讯控股和网易在内的公司</b> <b>是</b> <b>被告知停止对游戏利润的关注。</b>抛售蔓延到美国。网易和阿里巴巴-SW在盘前暴跌，凸显了市场仍然容易受到政策风险的影响。网易 (NTES) 下跌 6.4%，哔哩哔哩 (BILI) 下跌 6.9%，而阿里巴巴-SW (BABA)、拼多多 (PDD) 和百度 (BIDU) 等公司也下跌，Roblox、动视暴雪、艺电和 Take-Two 也下跌，跌幅均在 0.3% 至 1.6% 之间。管理技术相关房产的 Digital Realty 在与银行签订远期销售协议后，股价下跌 3.6%，出售 625 万股股票，每股售价 160.50 美元。</blockquote></p><p> Lululemon surged 14% as analysts increased their price targets on the stock after the athletic clothing retailer boosted its outlook for the year and reported 2Q sales that outpaced expectations. The company continues to benefit from the trend toward casual and athleisure fashion, according to Jefferies. Peer Nike (NKE) rises 1.6%.</p><p><blockquote>运动服装零售商 Lululemon 上调了今年的展望，并公布第二季度销售额超出预期，分析师提高了该股的目标价，股价飙升 14%。杰富瑞表示，该公司继续受益于休闲和运动休闲时尚的趋势。同行耐克 (NKE) 上涨 1.6%。</blockquote></p><p> <b>Here are some other notable movers this morning:</b></p><p><blockquote><b>以下是今天早上其他一些值得注意的举措：</b></blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/CRDF\">Cardiff Oncology, Inc.</a> </b>soars 16% after the company said Wednesday that data from a colorectal cancer drug trial showed “robust objective response rate and progression free survival.”</li>  <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a> </b>declines 6.8% after reporting a second-quarter loss that was wider than Wall Street projections. It also held a very brief earnings call in which it said it wouldn’t provide guidance. Its peer among the day trader crowd, AMC Entertainment (AMC) also slips 2.7%.</li>  <li><b><a href=\"https://laohu8.com/S/HGEN\">Humanigen, Inc.</a></b> shares tumble 53% after the U.S. FDA declined its request for emergency use authorization of lenzilumab to treat newly-hospitalized Covid-19 patients.</li> </ul> <b>In Fx, </b>the dollar slipped after a three-day gain, the JPY and GBP topped the G-10 leaderboard, while EUR holds within Wednesday’s range ahead of today’s ECB meeting. The Bloomberg Dollar Spot Index inched lower and the greenback fell against most of its Group-of-10 peers even as many currencies traded in tight ranges; the Treasury curve bull- flattened modestly. The yen was the top performer among G-10 peers amid haven demand. The euro came off yesterday’s one-week low while Bunds and Italian bonds were little changed before the ECB’s meeting; the pound advanced to a day-high in the European session.</p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/CRDF\">卡迪夫肿瘤学公司。</a></b>该公司周三表示，一项结肠直肠癌药物试验的数据显示 “强劲的客观缓解率和无进展生存率”，股价飙升 16%。</li><li><b><a href=\"https://laohu8.com/S/GME\">游戏驿站</a></b>第二季度亏损超出华尔街预期，股价下跌 6.8%。该公司还举行了一次非常简短的财报看涨期权，其中表示不会提供指导。日内交易人群中的同行AMC院线 (AMC) 也下跌了 2.7%。</li><li><b><a href=\"https://laohu8.com/S/HGEN\">Humanigen公司。</a></b>美国 FDA 拒绝了 lenzilumab 紧急使用授权用于治疗新住院的 Covid-19 患者的请求后，股价暴跌 53%。</li></ul><b>在外汇中，</b>美元在连续三天上涨后下滑，日元和英镑在十国集团排行榜上名列前茅，而欧元在今天的欧洲央行会议之前保持在周三的区间内。彭博美元现货指数小幅走低，美元兑10国集团大多数货币下跌，尽管许多货币在窄幅交易中；美国国债曲线小幅走平。由于避险需求，日元在 G-10 货币中表现最佳。欧元从昨天的一周低点回落，而欧洲央行会议前国债和意大利债券变化不大；英镑在欧洲时段升至当日高点。</blockquote></p><p> <b>In rates,</b> Treasuries held small gains from intermediate sector to long-end of the curve with S&amp;P 500 following declines in FTSE 100 and Euro Stoxx 50. Yields richer by ~1bp across long-end of the curve, flattening 2s10s, 5s30s spreads slightly; 10-year yields around 1.33%, outperforming gilts by almost 3bp. Curve and outright concession have faded ahead of 30-year bond reopening during U.S. afternoon, focal point of U.S. session after ECB policy decision at 7:45am ET.&nbsp; The weekly US auction cycle concludes with $24b 30-year bond sale at 1pm ET; 3- and 10-year auctions drew strong demand. WI 30-year yield at 1.947% is below auction stops since February and ~9bp richer than last month’s, which tailed the WI by 1bp. Peripheral spreads tighten a touch. Gilts bear flatten with the short end cheaper by ~2bps</p><p><blockquote><b>在费率上，</b>随着富时 100 指数和欧洲斯托克 50 指数下跌，标普500从中间板块到曲线长端小幅上涨。曲线长端收益率增加约1bp，2s10s变平，5s30s略有扩散；10 年期国债收益率约为 1.33%，跑赢英国国债近 3 个基点。在美国下午 30 年期债券重新开放之前，曲线和彻底让步已经消失，这是美国东部时间上午 7:45 欧洲央行政策决定后美国时段的焦点。美国每周拍卖周期在美国东部时间下午 1 点以 24b 美元的 30 年期债券销售结束；3 年期和 10 年期拍卖吸引了强劲需求。WI 30 年期国债收益率为 1.947%，自 2 月份以来一直低于拍卖止损点，比上月高出约 9 个基点，上个月的收益率落后 WI 1 个基点。外围价差收紧触感。英国国债持平，空头价格下降约 2 个基点</blockquote></p><p> <b>In commodities, </b>crude futures were little changed, maintaining Asia’s narrow range. WTI drifts just above $69, Brent near $72.60. Spot gold puts in a ~$5 move to the upside to trade near $1,794/oz. Base metals are well bid with LME nickel and tin outperforming. LME copper reverses Wednesday’s drop, adding 1.4%. Bitcoin fluctuated between gains and losses, trading around $46,000.</p><p><blockquote><b>在大宗商品方面，</b>原油期货变化不大，维持亚洲窄幅波动。WTI 略高于 69 美元，布伦特原油接近 72.60 美元。现货黄金上涨约 5 美元，交易价格接近 1,794 美元/盎司。基本金属出价良好，LME镍和锡表现优异。伦敦金属交易所铜价扭转了周三的跌势，上涨了1.4%。比特币在涨跌之间波动，交易价格在 46,000 美元左右。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178868825","content_text":"U.S. stock futures fall ahead of jobless claims.\nChina’s tech stocks slid after firms including Tencent and NetEase were told  to end their focus on profit in gaming.\nGameStop sinks on lack of guidance; Lululemon soars on strong outlook.\nUkraine to become latest country to legalize bitcoin as it goes global\n\n(Sept 9) Futures were pinned in the red on Thursday, pointing to a lower open for Wall Street's regular session, with investors struggling to reconcile a still hot jobs market with an economy that's seen its momentum dented by soaring COVID-19 infections.\nAt 8:07 a.m. ET, Dow E-minis were down 4 points, or 0.01%, S&P 500 E-minis fell 2.25 points, or 0.05% and Nasdaq 100 E-minis dipped 3.25 points, or 0.02%.\n\nHeavyweight technology stocks including Apple, Microsoft, Alphabet, Netflix and Amazon.com Inc all fell about 0.3% each in premarket trading.  In U.S. premarket trading, China’s tech stocks slid after firms including Tencent and NetEase were told  to end their focus on profit in gaming. The selloff extended to the U.S. premarket hours when NetEase and Alibaba tumbled, underscoring the market’s continued vulnerability to policy risks. NetEase (NTES) slips 6.4% and Bilibili (BILI) falls 6.9%, while the likes of Alibaba (BABA), Pinduoduo (PDD) and Baidu (BIDU) also dropped as did Roblox, Activision Blizzard, Electronic Art and Take-Two, all down between 0.3% and 1.6%. Digital Realty, which manages technology-related properties, declined 3.6% after entering into forward sale agreements with banks for 6.25 million shares at $160.50 each.\nLululemon surged 14% as analysts increased their price targets on the stock after the athletic clothing retailer boosted its outlook for the year and reported 2Q sales that outpaced expectations. The company continues to benefit from the trend toward casual and athleisure fashion, according to Jefferies. Peer Nike (NKE) rises 1.6%.\nHere are some other notable movers this morning:\n\nCardiff Oncology, Inc. soars 16% after the company said Wednesday that data from a colorectal cancer drug trial showed “robust objective response rate and progression free survival.”\nGameStop declines 6.8% after reporting a second-quarter loss that was wider than Wall Street projections. It also held a very brief earnings call in which it said it wouldn’t provide guidance. Its peer among the day trader crowd, AMC Entertainment (AMC) also slips 2.7%.\nHumanigen, Inc. shares tumble 53% after the U.S. FDA declined its request for emergency use authorization of lenzilumab to treat newly-hospitalized Covid-19 patients.\n\nIn Fx, the dollar slipped after a three-day gain, the JPY and GBP topped the G-10 leaderboard, while EUR holds within Wednesday’s range ahead of today’s ECB meeting. The Bloomberg Dollar Spot Index inched lower and the greenback fell against most of its Group-of-10 peers even as many currencies traded in tight ranges; the Treasury curve bull- flattened modestly. The yen was the top performer among G-10 peers amid haven demand. The euro came off yesterday’s one-week low while Bunds and Italian bonds were little changed before the ECB’s meeting; the pound advanced to a day-high in the European session.\nIn rates, Treasuries held small gains from intermediate sector to long-end of the curve with S&P 500 following declines in FTSE 100 and Euro Stoxx 50. Yields richer by ~1bp across long-end of the curve, flattening 2s10s, 5s30s spreads slightly; 10-year yields around 1.33%, outperforming gilts by almost 3bp. Curve and outright concession have faded ahead of 30-year bond reopening during U.S. afternoon, focal point of U.S. session after ECB policy decision at 7:45am ET.  The weekly US auction cycle concludes with $24b 30-year bond sale at 1pm ET; 3- and 10-year auctions drew strong demand. WI 30-year yield at 1.947% is below auction stops since February and ~9bp richer than last month’s, which tailed the WI by 1bp. Peripheral spreads tighten a touch. Gilts bear flatten with the short end cheaper by ~2bps\nIn commodities, crude futures were little changed, maintaining Asia’s narrow range. WTI drifts just above $69, Brent near $72.60. Spot gold puts in a ~$5 move to the upside to trade near $1,794/oz. Base metals are well bid with LME nickel and tin outperforming. LME copper reverses Wednesday’s drop, adding 1.4%. Bitcoin fluctuated between gains and losses, trading around $46,000.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814675050,"gmtCreate":1630818061670,"gmtModify":1631888868766,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"Wonder if the system can sustain supernormal earnings in the long run","listText":"Wonder if the system can sustain supernormal earnings in the long run","text":"Wonder if the system can sustain supernormal earnings in the long run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814675050","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://www.laohunote.com/m/news/1157895022?lang=zh_CN&edition=full","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<p>  <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>  Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p><p><blockquote><b>万斯-霍华德（Vance Howard）的 HCM 战术增长基金（Tactical Growwth Fund）会让你在谨慎的情况下进出股市。到目前为止，他的计算机科学家团队的策略已经取得了成效。</b>想象一下，当你坐下来享受生活时，你有一台赚钱机器在股市上收获收益。</blockquote></p><p> That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p><p><blockquote>这是每个人的梦想，对吧？投资者万斯-霍华德认为他找到了答案。</blockquote></p><p> Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p><p><blockquote>佐治亚州罗斯威尔的霍华德资本管理公司的霍华德和他的一小群计算机程序员。，有一个量化系统，发布巨大的回报。</blockquote></p><p> His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p><p><blockquote>根据晨星公司的数据，他的 HCM 战术增长基金 HCMGX,+0.35% 在过去五年中以年化计算比其罗素 1000 基准指数和大型混合基金类别高出 8.5-10.4 个百分点。这不是一个小壮举，不仅仅是因为它必须克服2.22%的费用。战胜市场根本不容易。他的 HCM 股息板块 PlusHCMQX,-0.05%) 和 HCM 收入 PlusHCMLX,+0.30% 基金表现类似。</blockquote></p><p> There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p><p><blockquote>有缺点，我在下面详细介绍。（其中：潜在的长期表现不佳和定期税单。）但首先，我们能从这位赢家身上学到什么？</blockquote></p><p> So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p><p><blockquote>所谓的量化者从不分享他们专有系统的所有细节，但霍华德分享了很多细节，你会看到的。这位德克萨斯州牧场主有很多基于 “马感 ”的好建议--考虑到他对市场有着极具感染力的热情，以及他三十年的职业牧场主经验，这并不奇怪。</blockquote></p><p> Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p><p><blockquote>以下是最近对他的采访中的五个教训、12 只交易所交易基金 (ETF) 和 4 只值得考虑的股票。</blockquote></p><p> <b>Lesson #1: Don’t be emotional</b></p><p><blockquote><b>第一课：不要情绪化</b></blockquote></p><p> It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p><p><blockquote>难怪这么多人在市场上表现不佳。进化注定了我们会失败。为了生存，我们学会了逃避让我们害怕的事情。渴望更多令人愉快的东西——比如甜食或脂肪，以在可能很长一段时间没有食物之前储存卡路里。但在市场上，出于恐惧和贪婪的情绪行事总是会让我们在错误的时间做错误的事情。底部卖出，顶部买入。</blockquote></p><p> Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p><p><blockquote>同样，我们也相信与人群在一起会带来安全。如果你是稀树草原上的斑马，那么如果你单独行动，就更有可能被捕食者叼走。这里的问题是成为人群的一部分——以及人群心理——把我们愚蠢到纯粹的情感层面。这就是为什么人群中的人们会做他们自己永远不会做的可怕事情。你有多聪明并不重要。当你加入人群时，你会失去很多智商点。基本情绪占据主导地位。</blockquote></p><p> To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p><p><blockquote>要想在市场上做好，你必须抵消这些趋势。“霍华德说：”个人投资者和基金经理犯的最大错误之一就是情绪化。“放下你的情绪。”</blockquote></p><p> <b>Lesson #2: Have a system and stick to it</b></p><p><blockquote><b>第二课：建立一个系统并坚持下去</b></blockquote></p><p> To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p><p><blockquote>要驱除情绪，要有一个系统。“霍华德说：”不要事后猜测。“这让你不会让大流行病或阿富汗把你吓出市场”。他评级了他的系统HCM-BuyLine。它基本上是一个动量和趋势跟踪系统——在市场上通常效果很好。</blockquote></p><p> The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p><p><blockquote>HCM-BuyLine基本上是这样工作的。首先，霍华德没有使用标准普尔 500SPX（-0.03%）或道琼斯工业平均指数（-0.21%），而是混合了几个股票指数来创建自己的指数。然后他使用移动平均线来告诉他市场是处于上升趋势还是下降趋势。</blockquote></p><p> When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p><p><blockquote>当移动平均线下跌3.5%时，他卖出35%。如果下跌 6.5%，他就再卖出 35%。他很少使用100%的现金。</blockquote></p><p> “If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p><p><blockquote>“他说：”如果买盘是积极的，无论如何我们都会长期持有。“我们让数学来决定，就能把所有的情绪都排除在外”。</blockquote></p><p> Right now, it’s bullish. (More on this below.)</p><p><blockquote>目前，情况看涨。（更多内容见下文。）</blockquote></p><p> Your system also has to tell you when to get back in.</p><p><blockquote>你的系统也必须告诉你什么时候回来。</blockquote></p><p> “That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p><p><blockquote>“他说：”这就是大多数人搞砸的地方。“他们退出了市场，却不知道什么时候才能重新进来”。当他的自定义指数连续六个交易日交易高于其移动平均线时，HCM-BuyLine 会发出买入信号，然后继续交易高于这六天的高点。</blockquote></p><p> You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p><p><blockquote>你不需要一个能准确预测评级市场顶部或底部的系统。相反，买入线让霍华德在 85% 的时间里远离下跌市场，在 85% 的好时机里则保持下跌。</blockquote></p><p> “If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p><p><blockquote>“他说：”如果我们能坚持不懈地做到这一点，我们就能获得更高的回报，生活压力也会更小。“在糟糕的录音带中全神贯注并不好玩”。</blockquote></p><p> His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p><p><blockquote>他的系统让他退出市场很慢，但让他回来很快。即使是10%的修正也不一定会让他离开。他经常买入这些回调。快速回归是有意义的，因为底部的复苏往往会很快发生。</blockquote></p><p> “The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p><p><blockquote>“霍华德说：”HCM-BuyLine 消除了整个过程中的所有情绪。</blockquote></p><p> <b>Lesson #3: Don’t fight the tape</b></p><p><blockquote><b>第三课：不要与磁带对抗</b></blockquote></p><p> This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p><p><blockquote>这一概念是马蒂-茨威格（Marty Zweig）经典著作《华尔街的胜利》（Winning on Wall Street）的核心智慧之一。</blockquote></p><p></p><p> “You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p><p><blockquote>“霍华德同意道：”你必须站在市场的正确一边。“如果你试图在糟糕的市场中进行多头交易，那将是痛苦的。”</blockquote></p><p> In other words, don’t try to be a hero.</p><p><blockquote>换句话说，不要试图成为英雄。</blockquote></p><p> “Sometimes, not losing money is where you want to be,” he says.</p><p><blockquote>“他说：”有时候，不赔钱才是你想要的。</blockquote></p><p> Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p><p><blockquote>同样，不要因为市场创下新高--比如现在--就变得谨慎。你应该喜欢新高，因为这是市场力量可能会持续的迹象。</blockquote></p><p> <b>Lesson #4: Keep it simple</b></p><p><blockquote><b>第4课：保持简单</b></blockquote></p><p> As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p><p><blockquote>正如您将在下面看到的，霍华德并不使用衍生品、掉期或指数期权等深奥的工具。他甚至不交易外国股票或货币。这对个人投资者来说是令人耳目一新的，因为我们更难获得这些工具。</blockquote></p><p> “You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p><p><blockquote>“他说：”你不必交易疯狂的东西。“你可以交易普通的 ETF，击败所有人”。</blockquote></p><p> <b>Lesson #5: How to trade the current market</b></p><p><blockquote><b>第5课：如何交易当前市场</b></blockquote></p><p> First, be long.</p><p><blockquote>首先，做多。</blockquote></p><p> “The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p><p><blockquote>“HCM-BuyLine 非常积极。我们百分之百同意，”霍华德说。“市场正在扩大。这变得非常令人兴奋。我们认为市场不会很快好转。我们正在买入回调。”</blockquote></p><p> One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p><p><blockquote>一个看涨信号是所有的现金都在观望。“如果科维德有任何缓解，我们可能会看到一场大反弹。我们最终可能会迎来一个伟大的秋季[赛季]。”</blockquote></p><p> Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p><p><blockquote>霍华德还使用动量指标来选择股票和 ETF。对于行业，他倾向于以下几种。</blockquote></p><p> He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p><p><blockquote>他喜欢医疗保健，可通过 iShares US HealthcareIYH,-0.04% 和 ProShares Ultra Health CareRXL,+0.12% ETF 进行交易。他越来越看好生物技术，他通过 iShares Biotechnology ETFIBB 投资生物技术，-0.11%。</blockquote></p><p> He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p><p><blockquote>他喜欢通过 iShares US Consumer ServicesIYC 交易的非必需消费品， -0.30%， 以及通过 US Global JetsJETS 交易的航空公司， -1.17%.他还喜欢通过 Invesco QQQ TrustQQQ,+0.31%、iShares US TechnologyYYW,+0.50% 和 iShares SemiconductorSOXX,+0.75% 进行科技投资。</blockquote></p><p> He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p><p><blockquote>他通过 Vanguard Small-Cap Growth Index FundVBK,+0.07% 看好小盘股。以及通过 SPDR Bloomberg Barclays Convertible Securities CWB,+0.64% 和 iShares Convertible BondICVT,+0.37% 看好可转换债券。</blockquote></p><p> As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p><p><blockquote>至于个股，他特别提到了科技股中的微软MSFT（-0.00%）和苹果APL（+0.42%），以及亚马逊.comAMZN（+0.43%）和特斯拉TSLA（+0.16%）。</blockquote></p><p> Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p><p><blockquote>还可以考虑霍华德的两只 ETF： HCM Defender 100 IndexQQH,+0.62%，HCM Defender 500 IndexLGH,+1.32%。</blockquote></p><p> He prefers to add to holdings on 1%-3% dips.</p><p><blockquote>他更喜欢在下跌 1%-3% 时增持。</blockquote></p><p> <b>A few drawbacks</b></p><p><blockquote><b>一些缺点</b></blockquote></p><p> His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p><p><blockquote>他的 HCM 战术增长基金自 2015 年推出以来，曾连续两年表现不佳，表现在 1.5% 至 8.8% 之间。随后，该基金强势回归，实现了上述非常积极的五年业绩。投资他的系统可能需要耐心。</blockquote></p><p> Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p><p><blockquote>霍华德说，包括沃伦·巴菲特在内的每个经理都可能经历一段时间的表现不佳。</blockquote></p><p> “We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p><p><blockquote>“他说：”我们正处于胜算之中。“即使在赔率游戏中，你也可能有一两手烂牌。”</blockquote></p><p> Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p><p><blockquote>另一个挑战是高流动率，战术增长每年为140%。这意味着山姆大叔在好年景里得到了很大的削减。因此，如果您购买霍华德的基金，您可能需要在税收保护账户中购买。</blockquote></p><p></p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote></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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个量化系统战胜市场，该系统非常看好创纪录高点的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-05 10:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>  Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p><p><blockquote><b>万斯-霍华德（Vance Howard）的 HCM 战术增长基金（Tactical Growwth Fund）会让你在谨慎的情况下进出股市。到目前为止，他的计算机科学家团队的策略已经取得了成效。</b>想象一下，当你坐下来享受生活时，你有一台赚钱机器在股市上收获收益。</blockquote></p><p> That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p><p><blockquote>这是每个人的梦想，对吧？投资者万斯-霍华德认为他找到了答案。</blockquote></p><p> Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p><p><blockquote>佐治亚州罗斯威尔的霍华德资本管理公司的霍华德和他的一小群计算机程序员。，有一个量化系统，发布巨大的回报。</blockquote></p><p> His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p><p><blockquote>根据晨星公司的数据，他的 HCM 战术增长基金 HCMGX,+0.35% 在过去五年中以年化计算比其罗素 1000 基准指数和大型混合基金类别高出 8.5-10.4 个百分点。这不是一个小壮举，不仅仅是因为它必须克服2.22%的费用。战胜市场根本不容易。他的 HCM 股息板块 PlusHCMQX,-0.05%) 和 HCM 收入 PlusHCMLX,+0.30% 基金表现类似。</blockquote></p><p> There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p><p><blockquote>有缺点，我在下面详细介绍。（其中：潜在的长期表现不佳和定期税单。）但首先，我们能从这位赢家身上学到什么？</blockquote></p><p> So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p><p><blockquote>所谓的量化者从不分享他们专有系统的所有细节，但霍华德分享了很多细节，你会看到的。这位德克萨斯州牧场主有很多基于 “马感 ”的好建议--考虑到他对市场有着极具感染力的热情，以及他三十年的职业牧场主经验，这并不奇怪。</blockquote></p><p> Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p><p><blockquote>以下是最近对他的采访中的五个教训、12 只交易所交易基金 (ETF) 和 4 只值得考虑的股票。</blockquote></p><p> <b>Lesson #1: Don’t be emotional</b></p><p><blockquote><b>第一课：不要情绪化</b></blockquote></p><p> It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p><p><blockquote>难怪这么多人在市场上表现不佳。进化注定了我们会失败。为了生存，我们学会了逃避让我们害怕的事情。渴望更多令人愉快的东西——比如甜食或脂肪，以在可能很长一段时间没有食物之前储存卡路里。但在市场上，出于恐惧和贪婪的情绪行事总是会让我们在错误的时间做错误的事情。底部卖出，顶部买入。</blockquote></p><p> Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p><p><blockquote>同样，我们也相信与人群在一起会带来安全。如果你是稀树草原上的斑马，那么如果你单独行动，就更有可能被捕食者叼走。这里的问题是成为人群的一部分——以及人群心理——把我们愚蠢到纯粹的情感层面。这就是为什么人群中的人们会做他们自己永远不会做的可怕事情。你有多聪明并不重要。当你加入人群时，你会失去很多智商点。基本情绪占据主导地位。</blockquote></p><p> To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p><p><blockquote>要想在市场上做好，你必须抵消这些趋势。“霍华德说：”个人投资者和基金经理犯的最大错误之一就是情绪化。“放下你的情绪。”</blockquote></p><p> <b>Lesson #2: Have a system and stick to it</b></p><p><blockquote><b>第二课：建立一个系统并坚持下去</b></blockquote></p><p> To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p><p><blockquote>要驱除情绪，要有一个系统。“霍华德说：”不要事后猜测。“这让你不会让大流行病或阿富汗把你吓出市场”。他评级了他的系统HCM-BuyLine。它基本上是一个动量和趋势跟踪系统——在市场上通常效果很好。</blockquote></p><p> The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p><p><blockquote>HCM-BuyLine基本上是这样工作的。首先，霍华德没有使用标准普尔 500SPX（-0.03%）或道琼斯工业平均指数（-0.21%），而是混合了几个股票指数来创建自己的指数。然后他使用移动平均线来告诉他市场是处于上升趋势还是下降趋势。</blockquote></p><p> When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p><p><blockquote>当移动平均线下跌3.5%时，他卖出35%。如果下跌 6.5%，他就再卖出 35%。他很少使用100%的现金。</blockquote></p><p> “If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p><p><blockquote>“他说：”如果买盘是积极的，无论如何我们都会长期持有。“我们让数学来决定，就能把所有的情绪都排除在外”。</blockquote></p><p> Right now, it’s bullish. (More on this below.)</p><p><blockquote>目前，情况看涨。（更多内容见下文。）</blockquote></p><p> Your system also has to tell you when to get back in.</p><p><blockquote>你的系统也必须告诉你什么时候回来。</blockquote></p><p> “That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p><p><blockquote>“他说：”这就是大多数人搞砸的地方。“他们退出了市场，却不知道什么时候才能重新进来”。当他的自定义指数连续六个交易日交易高于其移动平均线时，HCM-BuyLine 会发出买入信号，然后继续交易高于这六天的高点。</blockquote></p><p> You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p><p><blockquote>你不需要一个能准确预测评级市场顶部或底部的系统。相反，买入线让霍华德在 85% 的时间里远离下跌市场，在 85% 的好时机里则保持下跌。</blockquote></p><p> “If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p><p><blockquote>“他说：”如果我们能坚持不懈地做到这一点，我们就能获得更高的回报，生活压力也会更小。“在糟糕的录音带中全神贯注并不好玩”。</blockquote></p><p> His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p><p><blockquote>他的系统让他退出市场很慢，但让他回来很快。即使是10%的修正也不一定会让他离开。他经常买入这些回调。快速回归是有意义的，因为底部的复苏往往会很快发生。</blockquote></p><p> “The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p><p><blockquote>“霍华德说：”HCM-BuyLine 消除了整个过程中的所有情绪。</blockquote></p><p> <b>Lesson #3: Don’t fight the tape</b></p><p><blockquote><b>第三课：不要与磁带对抗</b></blockquote></p><p> This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p><p><blockquote>这一概念是马蒂-茨威格（Marty Zweig）经典著作《华尔街的胜利》（Winning on Wall Street）的核心智慧之一。</blockquote></p><p></p><p> “You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p><p><blockquote>“霍华德同意道：”你必须站在市场的正确一边。“如果你试图在糟糕的市场中进行多头交易，那将是痛苦的。”</blockquote></p><p> In other words, don’t try to be a hero.</p><p><blockquote>换句话说，不要试图成为英雄。</blockquote></p><p> “Sometimes, not losing money is where you want to be,” he says.</p><p><blockquote>“他说：”有时候，不赔钱才是你想要的。</blockquote></p><p> Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p><p><blockquote>同样，不要因为市场创下新高--比如现在--就变得谨慎。你应该喜欢新高，因为这是市场力量可能会持续的迹象。</blockquote></p><p> <b>Lesson #4: Keep it simple</b></p><p><blockquote><b>第4课：保持简单</b></blockquote></p><p> As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p><p><blockquote>正如您将在下面看到的，霍华德并不使用衍生品、掉期或指数期权等深奥的工具。他甚至不交易外国股票或货币。这对个人投资者来说是令人耳目一新的，因为我们更难获得这些工具。</blockquote></p><p> “You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p><p><blockquote>“他说：”你不必交易疯狂的东西。“你可以交易普通的 ETF，击败所有人”。</blockquote></p><p> <b>Lesson #5: How to trade the current market</b></p><p><blockquote><b>第5课：如何交易当前市场</b></blockquote></p><p> First, be long.</p><p><blockquote>首先，做多。</blockquote></p><p> “The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p><p><blockquote>“HCM-BuyLine 非常积极。我们百分之百同意，”霍华德说。“市场正在扩大。这变得非常令人兴奋。我们认为市场不会很快好转。我们正在买入回调。”</blockquote></p><p> One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p><p><blockquote>一个看涨信号是所有的现金都在观望。“如果科维德有任何缓解，我们可能会看到一场大反弹。我们最终可能会迎来一个伟大的秋季[赛季]。”</blockquote></p><p> Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p><p><blockquote>霍华德还使用动量指标来选择股票和 ETF。对于行业，他倾向于以下几种。</blockquote></p><p> He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p><p><blockquote>他喜欢医疗保健，可通过 iShares US HealthcareIYH,-0.04% 和 ProShares Ultra Health CareRXL,+0.12% ETF 进行交易。他越来越看好生物技术，他通过 iShares Biotechnology ETFIBB 投资生物技术，-0.11%。</blockquote></p><p> He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p><p><blockquote>他喜欢通过 iShares US Consumer ServicesIYC 交易的非必需消费品， -0.30%， 以及通过 US Global JetsJETS 交易的航空公司， -1.17%.他还喜欢通过 Invesco QQQ TrustQQQ,+0.31%、iShares US TechnologyYYW,+0.50% 和 iShares SemiconductorSOXX,+0.75% 进行科技投资。</blockquote></p><p> He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p><p><blockquote>他通过 Vanguard Small-Cap Growth Index FundVBK,+0.07% 看好小盘股。以及通过 SPDR Bloomberg Barclays Convertible Securities CWB,+0.64% 和 iShares Convertible BondICVT,+0.37% 看好可转换债券。</blockquote></p><p> As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p><p><blockquote>至于个股，他特别提到了科技股中的微软MSFT（-0.00%）和苹果APL（+0.42%），以及亚马逊.comAMZN（+0.43%）和特斯拉TSLA（+0.16%）。</blockquote></p><p> Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p><p><blockquote>还可以考虑霍华德的两只 ETF： HCM Defender 100 IndexQQH,+0.62%，HCM Defender 500 IndexLGH,+1.32%。</blockquote></p><p> He prefers to add to holdings on 1%-3% dips.</p><p><blockquote>他更喜欢在下跌 1%-3% 时增持。</blockquote></p><p> <b>A few drawbacks</b></p><p><blockquote><b>一些缺点</b></blockquote></p><p> His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p><p><blockquote>他的 HCM 战术增长基金自 2015 年推出以来，曾连续两年表现不佳，表现在 1.5% 至 8.8% 之间。随后，该基金强势回归，实现了上述非常积极的五年业绩。投资他的系统可能需要耐心。</blockquote></p><p> Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p><p><blockquote>霍华德说，包括沃伦·巴菲特在内的每个经理都可能经历一段时间的表现不佳。</blockquote></p><p> “We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p><p><blockquote>“他说：”我们正处于胜算之中。“即使在赔率游戏中，你也可能有一两手烂牌。”</blockquote></p><p> Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p><p><blockquote>另一个挑战是高流动率，战术增长每年为140%。这意味着山姆大叔在好年景里得到了很大的削减。因此，如果您购买霍华德的基金，您可能需要在税收保护账户中购买。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863112553,"gmtCreate":1632363662472,"gmtModify":1632800898371,"author":{"id":"3585869414507662","authorId":"3585869414507662","name":"Min_max","avatar":"https://static.tigerbbs.com/a19718c12eabe8d2a0c3e3a797bd178f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585869414507662","idStr":"3585869414507662"},"themes":[],"title":"","htmlText":"digital twins are capable of providing real-time asset&nbsp;performance data, enabling more efficient asset management which can encourage less wastage,&nbsp;less energy usage and boost sustainability&nbsp;","listText":"digital twins are capable of providing real-time asset&nbsp;performance data, enabling more efficient asset management which can encourage less wastage,&nbsp;less energy usage and boost sustainability&nbsp;","text":"digital twins are capable of providing real-time asset performance data, enabling more efficient asset management which can encourage less wastage, less energy usage and boost sustainability","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863112553","repostId":"2169663845","repostType":4,"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}