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SharkRider

SharkRider

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2021-08-03

Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels

Apple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</blockquote>

2021-07-21

Looking at SIA Engineering with concern... Especially with the COVID-19 hitting the aviation industry hard. Will they be able to recover,?

2021-08-13

Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.

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2021-07-31

The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.

Here’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</blockquote>

2021-07-31

Economic Moats... That is what long term investors should look at.

You can beat stock market indexes — this fund manager has, and this is how she and her team did it<blockquote>你可以击败股市指数——这位基金经理做到了，她和她的团队就是这样做到的</blockquote>

2021-07-25

Not good for investors but great for consumers and, probably, content owners

Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>

2021-07-12

This quarter should be good!

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2021-07-29

Well, the two things in life that are certain are death and taxes... And no taxation authority is doing an IPO anytime soon... [微笑]

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2021-07-16

Powell's Fed is trying to control human behavior (the decision to raise or lower prices) through blunt policy tools. He is right not to do too much. We will have to wait and see to really know the effects of the current policies in effect on latest factors of inflation.

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2021-06-25

Interesting. However, I would prefer to look at stocks with higher volatility. Just my 2cents.

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Quite a good read","listText":"Another criminal profile... Quite a good read","text":"Another criminal profile... Quite a good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813153411","repostId":"1184130616","repostType":4,"repost":{"id":"1184130616","kind":"news","pubTimestamp":1630111537,"share":"https://www.laohu8.com/m/news/1184130616?lang=zh_CN&edition=full","pubTime":"2021-08-28 08:45","market":"us","language":"en","title":"Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers<blockquote>华尔街罪与罚：伯纳德·埃伯斯和世通的严重错误数字</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184130616","media":"Benzinga","summary":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the head","content":"<p><div> Does crime pay? Among the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 ...</p><p><blockquote><div>犯罪有报酬吗？在20世纪90年代和21世纪初占据头条新闻的最有权势的高调企业高管中，伯纳德·埃伯斯从他的同龄人中脱颖而出——身高6英尺4英寸...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers<blockquote>华尔街罪与罚：伯纳德·埃伯斯和世通的严重错误数字</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\">\nWall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers<blockquote>华尔街罪与罚：伯纳德·埃伯斯和世通的严重错误数字</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-08-28 08:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Does crime pay? Among the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 ...</p><p><blockquote><div>犯罪有报酬吗？在20世纪90年代和21世纪初占据头条新闻的最有权势的高调企业高管中，伯纳德·埃伯斯从他的同龄人中脱颖而出——身高6英尺4英寸...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">Benzinga</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":{"HRB":"H&R布洛克税务"},"source_url":"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184130616","content_text":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.\nEbbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”\nBut ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.\nA Man In Search Of Himself: Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.\nThe Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.\nEbbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,Linda Pigott,after graduating and landed work teaching science to middle-school students while coaching high school basketball.\nBut Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.\nEbbers’ approach to running a hospitality establishment sometimes bordered on the eccentric. He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.\nCalling Out Around The World:Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup ofAT&T Inc.'s T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.\nIn 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.\nEbbers and his pals decided to get into the telecommunications business with Long Distance Discount Services, which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.\nCarl J. Aycock,a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.\n“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.\nMaybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.\nWithin 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.\nMany of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of Advanced Telecommunications Corporation in 1992.\nThe unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&T and Sprint Corporation,both considerably larger players in this field.\nThe one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to Kristie Webb.\nIn February 1998, Ebbers’ company launched its acquisition plans for CompuServe from H&R Block Inc.\nThis transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition toAmerica Online,while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.\nIn September 1998, LDDS WorldCom sealed a $37 billion union with MCI Communications,which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit — except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.\nA Little Out Of Touch:One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.\nAt the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.\n“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”\nBut as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.\nAnd for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”\nWhile Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.\nIn retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.\nDetour Off The Cliff:The first cracks in this corporate story began in October 1999 when MCI WorldCom — which had become the second-largest long-distance telephone company in the country — announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.\nWith the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.\nWorldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a senior manager ordering a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.\nThe company’s chief technical officer,Fred Briggs,then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project — and his directive was shared with other divisions in the company.\nA WorldCom budget analyst named Kim Amighin the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh — three months after his action, Amigh was abruptly laid off from the company.\nBut Vice President of Internal Audit Cynthia Cooper learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 — except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.\nCooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.\nAnd Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.\nAdding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.\nTo alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000 — and then borrowed again and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.\nIn June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.\nRoad’s End:The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.\nEbbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.\n“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”\nEbbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.\nHe remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.\nAfter 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.\nIn defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.\nSaid Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”","news_type":1,"symbols_score_info":{"HRB":0.9}},"isVote":1,"tweetType":1,"viewCount":3603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813153207,"gmtCreate":1630156843509,"gmtModify":1704956608528,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Ah... Nothing like speculation!&nbsp;[开心]&nbsp;","listText":"Ah... Nothing like speculation!&nbsp;[开心]&nbsp;","text":"Ah... Nothing like speculation! [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813153207","repostId":"2162733980","repostType":4,"isVote":1,"tweetType":1,"viewCount":3160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":819245515,"gmtCreate":1630074496637,"gmtModify":1704955600792,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Why is Motley Fool touting Robinhood's name? Do they have some sort of agreement?","listText":"Why is Motley Fool touting Robinhood's name? Do they have some sort of agreement?","text":"Why is Motley Fool touting Robinhood's name? Do they have some sort of agreement?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819245515","repostId":"2162028850","repostType":4,"isVote":1,"tweetType":1,"viewCount":2296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810441376,"gmtCreate":1629996827495,"gmtModify":1704954415778,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Hmmm... May be worth looking at","listText":"Hmmm... May be worth looking at","text":"Hmmm... May be worth looking at","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810441376","repostId":"1158216410","repostType":4,"isVote":1,"tweetType":1,"viewCount":2762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834418927,"gmtCreate":1629818266469,"gmtModify":1631889902523,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Wow! It may be undervalued, but I cannot bring myself to even consider purchasing the stock.","listText":"Wow! It may be undervalued, but I cannot bring myself to even consider purchasing the stock.","text":"Wow! It may be undervalued, but I cannot bring myself to even consider purchasing the stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834418927","repostId":"1147501136","repostType":4,"repost":{"id":"1147501136","kind":"news","pubTimestamp":1629817852,"share":"https://www.laohu8.com/m/news/1147501136?lang=zh_CN&edition=full","pubTime":"2021-08-24 23:10","market":"us","language":"en","title":"Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147501136","media":"seekingalpha","summary":"Summary\n\nCEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 20","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>CEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.</li>  <li>First half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.</li>  <li>The stock portfolio is now in excess of $300 billion!</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1ec40867d5f48e0522635854570624\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>RiverNorthPhotography/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>首席执行官沃伦·巴菲特已在2021年上半年回购了大量2020年股票。</li><li>2021年上半年制造业和服务业/零售业的税前营业收入较2020年上半年大幅增长。</li><li>股票投资组合现已超过3000亿美元！</li></ul><p class=\"t-img-caption\"><span>RiverNorthPhotography/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>Introduction</b></p><p><blockquote><b>介绍</b></blockquote></p><p> My thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.</p><p><blockquote>我的论点是伯克希尔哈撒韦公司（纽约证券交易所股票代码：BRK.A）（纽约证券交易所股票代码：BRK.B）被低估。首席执行官沃伦·巴菲特一直在利用这一点回购股票。彼于二零二零年购回等值80,998股“A”股，使现有股东的所有权增加5.2%。今年上半年，2Q2110-Q现金流量表显示回购金额为126亿美元，高于2020年上半年的67亿美元。在某些方面，当股价便宜时，首席执行官巴菲特可能会保持沉默；他的回购行动胜于雄辩。</blockquote></p><p> Looking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:</p><p><blockquote>看看2021年第二季度10-Q资产负债表，前5行是我们估值估计的重要组成部分：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8aafe372259b0d3a4c58271edd28993\" tg-width=\"600\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> <b>BNSF $115 Billion</b></p><p><blockquote><b>BNSF 1150亿美元</b></blockquote></p><p> BNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.</p><p><blockquote>BNSF与联合太平洋公司（纽约证券交易所股票代码：UNP）有许多相似之处，包括债务与企业价值的大致水平。截至2021年7月16日，2021年第二季度联合太平洋10-Q显示已发行股票652,122,933股。他们2021年6月30日的股价为219.93美元，这意味着6月30日的市值为1434亿美元。我相信BNSF的市值至少是联合太平洋公司的80%，即1150亿美元。</blockquote></p><p> <b>Berkshire Hathaway Energy (“BHE”) $48.6 Billion</b></p><p><blockquote><b>伯克希尔哈撒韦能源公司（“BHE”）486亿美元</b></blockquote></p><p> We can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.</p><p><blockquote>我们可以使用BHE被回购的价格进行估值估计，但该信息已经过时。根据BHE 2Q2110-Q，最后一批是在2020年上半年，当时以1.26亿美元的价格回购了180,358股，这意味着股价为698.61美元。BHE 2021年第二季度10-Q显示，截至2021年8月5日，已发行股票为76,368,874股，如果2020年上半年的价格仍然合理，这意味着市值为534亿美元。</blockquote></p><p> Berkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.</p><p><blockquote>Berkshire的2021年第二季度10-Q表示，他们拥有91.1%的股份，这意味着非控股权益拥有其余股份。换句话说，伯克希尔拥有486亿美元，非控股权益拥有48亿美元。</blockquote></p><p> <b>Other Non-Insurance Subsidiaries $195 Billion</b></p><p><blockquote><b>其他非保险子公司1950亿美元</b></blockquote></p><p> The 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:</p><p><blockquote>2021年第二季度10-Q在附注23“业务部门数据”中细分了收入和税前收益：</blockquote></p><p> <i>Image Source: 2Q21 10-Q</i></p><p><blockquote><i>图片来源：2021年第二季度10-Q</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f01f33ed3856e8b1eff604acc2ebe65\" tg-width=\"600\" tg-height=\"522\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> I like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.</p><p><blockquote>我喜欢对制造业、麦克莱恩和服务/零售业使用13倍的税前市盈率。他们2021年上半年的税前收益分别为52亿美元、2亿美元和21亿美元。这些数字比2020年上半年有了巨大的进步！将它们相加并按年计算，我们将获得150亿美元。应用13倍的倍数，我们得到1950亿美元。</blockquote></p><p> Cash, T-bills &amp; Fixed Maturities $161.2 Billion</p><p><blockquote>现金、国库券和固定期限债券1,612亿美元</blockquote></p><p> This is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.</p><p><blockquote>这是资产负债表上前3行的总和，即389亿美元现金及等价物加上1,018亿美元国库券加上205亿美元固定期限债券。</blockquote></p><p> <b>Stocks $307.9 Billion</b></p><p><blockquote><b>股票3079亿美元</b></blockquote></p><p> Per the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.</p><p><blockquote>根据资产负债表的第四行，我们有3079亿美元的股票。苹果（纳斯达克股票代码：AAPL）是迄今为止该投资组合中最大的部分。截至2021年6月的13F显示苹果股票价值1215亿美元。</blockquote></p><p> <b>Equity Method Investments $16.5 Billion</b></p><p><blockquote><b>权益法投资165亿美元</b></blockquote></p><p> The 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.</p><p><blockquote>资产负债表的第五行显示165亿美元。2020年10-K的附注5“权益法投资”显示，卡夫亨氏（纳斯达克：KHC）在资产负债表上的账面价值为133亿美元，比公允价值113亿美元高出20亿美元。然而，2021年第二季度10-Q上的注释5显示，公允价值上升到与账面价值相同的范围，因此我们不需要在这里进行任何调整。</blockquote></p><p> <b>Deferred Tax Liability $(27) Billion</b></p><p><blockquote><b>递延税项负债(27)十亿美元</b></blockquote></p><p> Note 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.</p><p><blockquote>注18，所得税，在10-Q中不像在10-K中那样详细。我坚持2021年2月文章中使用的270亿美元净投资纳税义务估计。</blockquote></p><p> <b>Non-Controlling Interests $(3.6) Billion</b></p><p><blockquote><b>非控股权益(36亿)美元</b></blockquote></p><p> The balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.</p><p><blockquote>资产负债表显示非控股权益为84亿美元，但我们将48亿美元归因于BHE投资者。因此，BHE之外还有约36亿美元的非控股权益。</blockquote></p><p> <b>Other Considerations $0</b></p><p><blockquote><b>其他考虑因素$0</b></blockquote></p><p></p><p> I treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.</p><p><blockquote>我把保险业务和浮动负债视为一种浪费。我可以理解为什么挑剔的会计师对此并不着迷，但我认为无论这些是否单独细分，这对整体估值都不会产生巨大影响。</blockquote></p><p> <b>Valuation Chart</b></p><p><blockquote><b>估值图</b></blockquote></p><p> The 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:</p><p><blockquote>2021年第二季度表示，截至2021年6月30日，按同等A类普通股计算，已发行股票为1,511,229股：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/81717a4c648c5027fde69b68d33cf46f\" tg-width=\"814\" tg-height=\"695\" width=\"100%\" height=\"auto\"> <img src=\"https://static.tigerbbs.com/c490184d538a90c0980d497e3b964523\" tg-width=\"813\" tg-height=\"584\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> Here is a more visual interpretation:</p><p><blockquote><table><tbody><tr></tr></tbody></table>下面是一个更直观的解读：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0183d76b73ebb2503f940ca5c3eec85\" tg-width=\"600\" tg-height=\"558\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：作者电子表格</span></p></blockquote></p><p> Of course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.</p><p><blockquote>当然，上面的图表在我的范围的中间附近。我没有准确地考虑8140亿美元的估值，而是认为它可能会高或低约500亿美元，因此我的整数范围约为7650亿美元至8650亿美元。</blockquote></p><p> Given the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.</p><p><blockquote>鉴于8月23日(BRK.A)股价为425,000美元，A类股等价物为1,511,229股，隐含市值为6,420亿美元。鉴于市值远低于我的估值范围，我认为该股的定价对于长期投资者来说非常合理。</blockquote></p><p> Some think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.</p><p><blockquote>一些人认为首席执行官巴菲特退休后将是灾难性的，但他已经建立了一个稳定的架构，应该会在未来几年保持良好。</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>Berkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</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\">\nBerkshire Hathaway Remains Undervalued<blockquote>伯克希尔哈撒韦公司仍被低估</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-08-24 23:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>CEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.</li>  <li>First half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.</li>  <li>The stock portfolio is now in excess of $300 billion!</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b1ec40867d5f48e0522635854570624\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>RiverNorthPhotography/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>首席执行官沃伦·巴菲特已在2021年上半年回购了大量2020年股票。</li><li>2021年上半年制造业和服务业/零售业的税前营业收入较2020年上半年大幅增长。</li><li>股票投资组合现已超过3000亿美元！</li></ul><p class=\"t-img-caption\"><span>RiverNorthPhotography/iStock未通过Getty Images发布</span></p></blockquote></p><p> <b>Introduction</b></p><p><blockquote><b>介绍</b></blockquote></p><p> My thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.</p><p><blockquote>我的论点是伯克希尔哈撒韦公司（纽约证券交易所股票代码：BRK.A）（纽约证券交易所股票代码：BRK.B）被低估。首席执行官沃伦·巴菲特一直在利用这一点回购股票。彼于二零二零年购回等值80,998股“A”股，使现有股东的所有权增加5.2%。今年上半年，2Q2110-Q现金流量表显示回购金额为126亿美元，高于2020年上半年的67亿美元。在某些方面，当股价便宜时，首席执行官巴菲特可能会保持沉默；他的回购行动胜于雄辩。</blockquote></p><p> Looking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:</p><p><blockquote>看看2021年第二季度10-Q资产负债表，前5行是我们估值估计的重要组成部分：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8aafe372259b0d3a4c58271edd28993\" tg-width=\"600\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> <b>BNSF $115 Billion</b></p><p><blockquote><b>BNSF 1150亿美元</b></blockquote></p><p> BNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.</p><p><blockquote>BNSF与联合太平洋公司（纽约证券交易所股票代码：UNP）有许多相似之处，包括债务与企业价值的大致水平。截至2021年7月16日，2021年第二季度联合太平洋10-Q显示已发行股票652,122,933股。他们2021年6月30日的股价为219.93美元，这意味着6月30日的市值为1434亿美元。我相信BNSF的市值至少是联合太平洋公司的80%，即1150亿美元。</blockquote></p><p> <b>Berkshire Hathaway Energy (“BHE”) $48.6 Billion</b></p><p><blockquote><b>伯克希尔哈撒韦能源公司（“BHE”）486亿美元</b></blockquote></p><p> We can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.</p><p><blockquote>我们可以使用BHE被回购的价格进行估值估计，但该信息已经过时。根据BHE 2Q2110-Q，最后一批是在2020年上半年，当时以1.26亿美元的价格回购了180,358股，这意味着股价为698.61美元。BHE 2021年第二季度10-Q显示，截至2021年8月5日，已发行股票为76,368,874股，如果2020年上半年的价格仍然合理，这意味着市值为534亿美元。</blockquote></p><p> Berkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.</p><p><blockquote>Berkshire的2021年第二季度10-Q表示，他们拥有91.1%的股份，这意味着非控股权益拥有其余股份。换句话说，伯克希尔拥有486亿美元，非控股权益拥有48亿美元。</blockquote></p><p> <b>Other Non-Insurance Subsidiaries $195 Billion</b></p><p><blockquote><b>其他非保险子公司1950亿美元</b></blockquote></p><p> The 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:</p><p><blockquote>2021年第二季度10-Q在附注23“业务部门数据”中细分了收入和税前收益：</blockquote></p><p> <i>Image Source: 2Q21 10-Q</i></p><p><blockquote><i>图片来源：2021年第二季度10-Q</i></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f01f33ed3856e8b1eff604acc2ebe65\" tg-width=\"600\" tg-height=\"522\" width=\"100%\" height=\"auto\"><span>Image Source: 2Q21 10-Q</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：2021年第二季度10-Q</span></p></blockquote></p><p> I like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.</p><p><blockquote>我喜欢对制造业、麦克莱恩和服务/零售业使用13倍的税前市盈率。他们2021年上半年的税前收益分别为52亿美元、2亿美元和21亿美元。这些数字比2020年上半年有了巨大的进步！将它们相加并按年计算，我们将获得150亿美元。应用13倍的倍数，我们得到1950亿美元。</blockquote></p><p> Cash, T-bills &amp; Fixed Maturities $161.2 Billion</p><p><blockquote>现金、国库券和固定期限债券1,612亿美元</blockquote></p><p> This is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.</p><p><blockquote>这是资产负债表上前3行的总和，即389亿美元现金及等价物加上1,018亿美元国库券加上205亿美元固定期限债券。</blockquote></p><p> <b>Stocks $307.9 Billion</b></p><p><blockquote><b>股票3079亿美元</b></blockquote></p><p> Per the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.</p><p><blockquote>根据资产负债表的第四行，我们有3079亿美元的股票。苹果（纳斯达克股票代码：AAPL）是迄今为止该投资组合中最大的部分。截至2021年6月的13F显示苹果股票价值1215亿美元。</blockquote></p><p> <b>Equity Method Investments $16.5 Billion</b></p><p><blockquote><b>权益法投资165亿美元</b></blockquote></p><p> The 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.</p><p><blockquote>资产负债表的第五行显示165亿美元。2020年10-K的附注5“权益法投资”显示，卡夫亨氏（纳斯达克：KHC）在资产负债表上的账面价值为133亿美元，比公允价值113亿美元高出20亿美元。然而，2021年第二季度10-Q上的注释5显示，公允价值上升到与账面价值相同的范围，因此我们不需要在这里进行任何调整。</blockquote></p><p> <b>Deferred Tax Liability $(27) Billion</b></p><p><blockquote><b>递延税项负债(27)十亿美元</b></blockquote></p><p> Note 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.</p><p><blockquote>注18，所得税，在10-Q中不像在10-K中那样详细。我坚持2021年2月文章中使用的270亿美元净投资纳税义务估计。</blockquote></p><p> <b>Non-Controlling Interests $(3.6) Billion</b></p><p><blockquote><b>非控股权益(36亿)美元</b></blockquote></p><p> The balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.</p><p><blockquote>资产负债表显示非控股权益为84亿美元，但我们将48亿美元归因于BHE投资者。因此，BHE之外还有约36亿美元的非控股权益。</blockquote></p><p> <b>Other Considerations $0</b></p><p><blockquote><b>其他考虑因素$0</b></blockquote></p><p></p><p> I treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.</p><p><blockquote>我把保险业务和浮动负债视为一种浪费。我可以理解为什么挑剔的会计师对此并不着迷，但我认为无论这些是否单独细分，这对整体估值都不会产生巨大影响。</blockquote></p><p> <b>Valuation Chart</b></p><p><blockquote><b>估值图</b></blockquote></p><p> The 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:</p><p><blockquote>2021年第二季度表示，截至2021年6月30日，按同等A类普通股计算，已发行股票为1,511,229股：</blockquote></p><p> <img src=\"https://static.tigerbbs.com/81717a4c648c5027fde69b68d33cf46f\" tg-width=\"814\" tg-height=\"695\" width=\"100%\" height=\"auto\"> <img src=\"https://static.tigerbbs.com/c490184d538a90c0980d497e3b964523\" tg-width=\"813\" tg-height=\"584\" width=\"100%\" height=\"auto\"> <table>  <tbody>   <tr></tr>  </tbody> </table> Here is a more visual interpretation:</p><p><blockquote><table><tbody><tr></tr></tbody></table>下面是一个更直观的解读：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0183d76b73ebb2503f940ca5c3eec85\" tg-width=\"600\" tg-height=\"558\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：作者电子表格</span></p></blockquote></p><p> Of course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.</p><p><blockquote>当然，上面的图表在我的范围的中间附近。我没有准确地考虑8140亿美元的估值，而是认为它可能会高或低约500亿美元，因此我的整数范围约为7650亿美元至8650亿美元。</blockquote></p><p> Given the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.</p><p><blockquote>鉴于8月23日(BRK.A)股价为425,000美元，A类股等价物为1,511,229股，隐含市值为6,420亿美元。鉴于市值远低于我的估值范围，我认为该股的定价对于长期投资者来说非常合理。</blockquote></p><p> Some think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.</p><p><blockquote>一些人认为首席执行官巴菲特退休后将是灾难性的，但他已经建立了一个稳定的架构，应该会在未来几年保持良好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4451491-berkshire-hathaway-remains-undervalued\">seekingalpha</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":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/article/4451491-berkshire-hathaway-remains-undervalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147501136","content_text":"Summary\n\nCEO Warren Buffett has bought back a large number of shares in 2020 in the first half of 2021.\nFirst half 2021 pre-tax operating earnings for manufacturing and service/retailing are up nicely over the first half of 2020.\nThe stock portfolio is now in excess of $300 billion!\n\nRiverNorthPhotography/iStock Unreleased via Getty Images\nIntroduction\nMy thesis is that Berkshire Hathaway(NYSE:BRK.A)(NYSE:BRK.B)is undervalued. CEO Warren Buffett has been taking advantage of this by buying back shares. He repurchased the equivalent of 80,998 “A” shares in 2020 which increased the ownership for existing shareholders by 5.2%. In the first half of this year, the 2Q2110-Qcash flow statement shows $12.6 billion in buybacks which is more than the $6.7 billion they spent in the first half of 2020. In some ways CEO Buffett can be reticent in terms of vocalizing things when the stock is cheap; his buyback actions speak louder than his words.\nLooking at the 2Q21 10-Q balance sheet, the first 5 lines are a big part of our valuation estimate:\nImage Source: 2Q21 10-Q\nBNSF $115 Billion\nBNSF has many similarities to Union Pacific(NYSE:UNP)including the approximate level of debt to enterprise value. The 2Q21 Union Pacific10-Qshows 652,122,933 shares outstanding as of July 16, 2021. Their share price for June 30, 2021 was $219.93 implying a June 30th market cap of $143.4 billion. I believe the market cap of BNSF is at least 80% of Union Pacific’s or $115 billion.\nBerkshire Hathaway Energy (“BHE”) $48.6 Billion\nWe can use the prices at which BHE was repurchased for a valuation estimate but that information is getting dated. Per the BHE 2Q2110-Q, the last batch was during the first half of 2020 when 180,358 shares were repurchased for $126 million implying a share price of $698.61. The BHE 2Q21 10-Q shows 76,368,874 shares outstanding as of August 5, 2021, implying a market cap of $53.4 billion if the price from the first half of 2020 is still sound.\nBerkshire’s 2Q21 10-Q says they own 91.1% meaning non-controlling interests own the rest. In other words, Berkshire owns $48.6 billion and non-controlling interests own $4.8 billion.\nOther Non-Insurance Subsidiaries $195 Billion\nThe 2Q21 10-Q breaks down revenue and pre-tax earnings under Note 23, Business segment data:\nImage Source: 2Q21 10-Q\nImage Source: 2Q21 10-Q\nI like to use a pre-tax earnings multiple of 13 times for manufacturing, McLane and service/retailing. Their 1H21 pre-tax earnings were $5.2 billion, $0.2 billion and $2.1 billion, respectively. These numbers are a huge improvement over the first half of 2020! Summing them up and annualizing gives us $15 billion. Applying a multiple of 13 times brings us to $195 billion.\nCash, T-bills & Fixed Maturities $161.2 Billion\nThis is the sum of the first 3 lines on the balance sheet which are $38.9 billion in cash and equivalents plus $101.8 billion in T-bills plus $20.5 billion in fixed maturities.\nStocks $307.9 Billion\nPer the 4th line in the balance sheet, we have $307.9 billion in stocks. Apple(NASDAQ:AAPL)is by far the biggest part of this portfolio. The13Fthrough June 2021 shows $121.5 billion in Apple stock.\nEquity Method Investments $16.5 Billion\nThe 5th line of the balance sheet shows $16.5 billion here. Note 5, Equity method investments, on the 2020 10-K showed that the carrying value of $13.3 billion for Kraft Heinz(NASDAQ:KHC)on the balance sheet was $2 billion higher than the fair value of $11.3 billion. However note 5 on the 2Q21 10-Q shows that the fair value went up to the same range as the carrying value so we don’t need to make any adjustments here.\nDeferred Tax Liability $(27) Billion\nNote 18, Income taxes, isn’t as detailed on the 10-Qs as on the 10-Ks. I’m sticking with the $27 billion net investment tax liability estimate used in my February 2021article.\nNon-Controlling Interests $(3.6) Billion\nThe balance sheet shows $8.4 billion in non-controlling interests but we attributed $4.8 billion to BHE investors. As such, there is another $3.6 billion or so of non-controlling interests outside of BHE.\nOther Considerations $0\nI treat the insurance operations and the float liability as a wash. I can see why fastidious accountants aren’t crazy about this but I don’t think it makes a huge difference to the overall valuation whether or not these are broken out separately.\nValuation Chart\nThe 2Q21 says that on an equivalent Class A common stock basis, there were 1,511,229 shares outstanding as of June 30, 2021:\n\n\n\n\n\n\n\nHere is a more visual interpretation:\nImage Source: Author’s spreadsheet\nOf course the above chart is somewhere near the middle of my range. Rather than thinking about a valuation of $814 billion exactly, I think it could be approximately $50 billion higher or lower such that my range with round numbers to the nearest $5 billion is about $765 billion to $865 billion.\nGiven the August 23rd (BRK.A) share price of $425,000, and the 1,511,229 class A share equivalents, the implied market cap is $642 billion. Seeing as the market cap is well below my valuation range, I think the stock is priced very reasonably for long-term investors.\nSome think it will be calamitous when CEO Buffett retires but he has built the company with a stable architecture that should hold up well for years to come.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835120627,"gmtCreate":1629695220469,"gmtModify":1631889902527,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"I can't even predict&nbsp;what is going to happen in the next hour much less the next 10 to 20 years. They look like good investments now but do evaluate them periodically to ensure that they remain viable investments","listText":"I can't even predict&nbsp;what is going to happen in the next hour much less the next 10 to 20 years. They look like good investments now but do evaluate them periodically to ensure that they remain viable investments","text":"I can't even predict what is going to happen in the next hour much less the next 10 to 20 years. They look like good investments now but do evaluate them periodically to ensure that they remain viable investments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835120627","repostId":"2161742695","repostType":4,"isVote":1,"tweetType":1,"viewCount":1566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835164054,"gmtCreate":1629695032778,"gmtModify":1631889902526,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Need to do homework. The way Berkshire invests is not easily replicable as they do have leverage + lots of money","listText":"Need to do homework. The way Berkshire invests is not easily replicable as they do have leverage + lots of money","text":"Need to do homework. The way Berkshire invests is not easily replicable as they do have leverage + lots of money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835164054","repostId":"2161272742","repostType":4,"isVote":1,"tweetType":1,"viewCount":3065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836763572,"gmtCreate":1629525538496,"gmtModify":1631889902536,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"I was a bit disappointed that the S&amp;P did not correct... It would have brought more opportunities","listText":"I was a bit disappointed that the S&amp;P did not correct... It would have brought more opportunities","text":"I was a bit disappointed that the S&P did not correct... It would have brought more opportunities","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836763572","repostId":"2161745814","repostType":4,"isVote":1,"tweetType":1,"viewCount":3441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836760108,"gmtCreate":1629525206704,"gmtModify":1631889902533,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"This is a nightmare of a shitshow...&nbsp;[生气]&nbsp;","listText":"This is a nightmare of a shitshow...&nbsp;[生气]&nbsp;","text":"This is a nightmare of a shitshow... [生气]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836760108","repostId":"1114812009","repostType":4,"isVote":1,"tweetType":1,"viewCount":3782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":894513302,"gmtCreate":1628838194206,"gmtModify":1631889902539,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"I hope that is is part of a positive recovery for Olam","listText":"I hope that is is part of a positive recovery for Olam","text":"I hope that is is part of a positive recovery for Olam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/894513302","repostId":"1166024136","repostType":4,"repost":{"id":"1166024136","kind":"news","pubTimestamp":1628837415,"share":"https://www.laohu8.com/m/news/1166024136?lang=zh_CN&edition=full","pubTime":"2021-08-13 14:50","market":"us","language":"en","title":"Olam looking to raise about $3 bln via food ingredients London IPO - sources<blockquote>Olam希望通过food ingredients伦敦IPO筹集约30亿美元-消息人士</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166024136","media":"Reuters","summary":"SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), one of the world's biggest agricultural c","content":"<p>SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's biggest agricultural commodity traders, is considering raising about 2 billion pounds ($2.8 billion) through the IPO of its food ingredients unit in London, which is set to take place next year, sources familiar with the matter told Reuters on Friday.</p><p><blockquote>路透新加坡8月13日-奥兰国际(OLAM.SI)，<a href=\"https://laohu8.com/S/AONE.U\">一</a>知情人士周五告诉路透社，全球最大的农产品贸易商之一，正在考虑通过其食品配料部门定于明年在伦敦进行的首次公开募股筹集约20亿英镑（28亿美元）。</blockquote></p><p> The company backed by Singapore state investor Temasek Holdings (TEM.UL) and Mitsubishi Corp(8058.T)has appointed five global banks on the IPO, which is likely to rank among the biggest such offerings in London in the last few years, the sources said.</p><p><blockquote>该公司得到了新加坡国有投资者淡马锡控股(TEM.UL)和三菱商事(8058.T)的支持，已指定五家全球银行进行IPO，这可能是过去几年伦敦最大的此类发行之一，消息人士称。</blockquote></p><p> Olam declined to comment on the fundraising amount but said on Friday that it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next year.</p><p><blockquote>奥兰拒绝就融资金额置评，但周五表示，将寻求其食品配料业务在伦敦首次上市，并在明年上半年同时在新加坡二次上市。</blockquote></p><p> The listing is part of a restructuring plan flagged last year, under which Olam is splitting its portfolio of diverse products into two new operating businesses as it aims to better position itself to a different set of global investors.</p><p><blockquote>此次上市是去年宣布的重组计划的一部分，根据该计划，奥兰将其多元化产品组合拆分为两个新的运营业务，旨在更好地向不同的全球投资者定位。</blockquote></p><p> <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> of the sources said Olam had appointed <a href=\"https://laohu8.com/S/C\">Citigroup</a>, Credit Suisse, HSBC, JPMorgan and <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> to work on the IPO.</p><p><blockquote><a href=\"https://laohu8.com/S/TWOA.U\">两个</a>奥兰任命的消息来源<a href=\"https://laohu8.com/S/C\">花旗集团</a>、瑞士信贷、汇丰银行、摩根大通和<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>致力于首次公开募股。</blockquote></p><p> Citi and JPMorgan declined to comment and there was no immediate response from the other banks.</p><p><blockquote>花旗和摩根大通拒绝置评，其他银行也没有立即做出回应。</blockquote></p><p> Olam Food Ingredients includes Olam's cocoa, coffee and edible nuts businesses, and Olam Global Agri comprises grains and animal feed, edible oils, rice and cotton, among others.</p><p><blockquote>Olam Food Ingredients包括Olam的可可、咖啡和食用坚果业务，Olam Global Agri包括谷物和动物饲料、食用油、大米和棉花等。</blockquote></p><p> ($1 = 0.7242 pounds)</p><p><blockquote>（1美元=0.7242英镑）</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>Olam looking to raise about $3 bln via food ingredients London IPO - sources<blockquote>Olam希望通过food ingredients伦敦IPO筹集约30亿美元-消息人士</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\">\nOlam looking to raise about $3 bln via food ingredients London IPO - sources<blockquote>Olam希望通过food ingredients伦敦IPO筹集约30亿美元-消息人士</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-08-13 14:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world's biggest agricultural commodity traders, is considering raising about 2 billion pounds ($2.8 billion) through the IPO of its food ingredients unit in London, which is set to take place next year, sources familiar with the matter told Reuters on Friday.</p><p><blockquote>路透新加坡8月13日-奥兰国际(OLAM.SI)，<a href=\"https://laohu8.com/S/AONE.U\">一</a>知情人士周五告诉路透社，全球最大的农产品贸易商之一，正在考虑通过其食品配料部门定于明年在伦敦进行的首次公开募股筹集约20亿英镑（28亿美元）。</blockquote></p><p> The company backed by Singapore state investor Temasek Holdings (TEM.UL) and Mitsubishi Corp(8058.T)has appointed five global banks on the IPO, which is likely to rank among the biggest such offerings in London in the last few years, the sources said.</p><p><blockquote>该公司得到了新加坡国有投资者淡马锡控股(TEM.UL)和三菱商事(8058.T)的支持，已指定五家全球银行进行IPO，这可能是过去几年伦敦最大的此类发行之一，消息人士称。</blockquote></p><p> Olam declined to comment on the fundraising amount but said on Friday that it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next year.</p><p><blockquote>奥兰拒绝就融资金额置评，但周五表示，将寻求其食品配料业务在伦敦首次上市，并在明年上半年同时在新加坡二次上市。</blockquote></p><p> The listing is part of a restructuring plan flagged last year, under which Olam is splitting its portfolio of diverse products into two new operating businesses as it aims to better position itself to a different set of global investors.</p><p><blockquote>此次上市是去年宣布的重组计划的一部分，根据该计划，奥兰将其多元化产品组合拆分为两个新的运营业务，旨在更好地向不同的全球投资者定位。</blockquote></p><p> <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> of the sources said Olam had appointed <a href=\"https://laohu8.com/S/C\">Citigroup</a>, Credit Suisse, HSBC, JPMorgan and <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> to work on the IPO.</p><p><blockquote><a href=\"https://laohu8.com/S/TWOA.U\">两个</a>奥兰任命的消息来源<a href=\"https://laohu8.com/S/C\">花旗集团</a>、瑞士信贷、汇丰银行、摩根大通和<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>致力于首次公开募股。</blockquote></p><p> Citi and JPMorgan declined to comment and there was no immediate response from the other banks.</p><p><blockquote>花旗和摩根大通拒绝置评，其他银行也没有立即做出回应。</blockquote></p><p> Olam Food Ingredients includes Olam's cocoa, coffee and edible nuts businesses, and Olam Global Agri comprises grains and animal feed, edible oils, rice and cotton, among others.</p><p><blockquote>Olam Food Ingredients包括Olam的可可、咖啡和食用坚果业务，Olam Global Agri包括谷物和动物饲料、食用油、大米和棉花等。</blockquote></p><p> ($1 = 0.7242 pounds)</p><p><blockquote>（1美元=0.7242英镑）</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/business/exclusive-olam-considering-raising-2-bln-pounds-via-food-ingredients-london-ipo-2021-08-13/\">Reuters</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":{"MS":"摩根士丹利"},"source_url":"https://www.reuters.com/business/exclusive-olam-considering-raising-2-bln-pounds-via-food-ingredients-london-ipo-2021-08-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166024136","content_text":"SINGAPORE, Aug 13 (Reuters) - Olam International(OLAM.SI), one of the world's biggest agricultural commodity traders, is considering raising about 2 billion pounds ($2.8 billion) through the IPO of its food ingredients unit in London, which is set to take place next year, sources familiar with the matter told Reuters on Friday.\nThe company backed by Singapore state investor Temasek Holdings (TEM.UL) and Mitsubishi Corp(8058.T)has appointed five global banks on the IPO, which is likely to rank among the biggest such offerings in London in the last few years, the sources said.\nOlam declined to comment on the fundraising amount but said on Friday that it would seek a primary listing for its food ingredients business in London and a concurrent secondary listing in Singapore by the first half of next year.\nThe listing is part of a restructuring plan flagged last year, under which Olam is splitting its portfolio of diverse products into two new operating businesses as it aims to better position itself to a different set of global investors.\nTwo of the sources said Olam had appointed Citigroup, Credit Suisse, HSBC, JPMorgan and Morgan Stanley to work on the IPO.\nCiti and JPMorgan declined to comment and there was no immediate response from the other banks.\nOlam Food Ingredients includes Olam's cocoa, coffee and edible nuts businesses, and Olam Global Agri comprises grains and animal feed, edible oils, rice and cotton, among others.\n($1 = 0.7242 pounds)","news_type":1,"symbols_score_info":{"MS":0.9}},"isVote":1,"tweetType":1,"viewCount":2671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894510899,"gmtCreate":1628837934311,"gmtModify":1631885284370,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.","listText":"Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.","text":"Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/894510899","repostId":"1101202302","repostType":4,"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894227221,"gmtCreate":1628832183763,"gmtModify":1633689118316,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Starburst suffered a drop in the price after a couple of senior staff were arrested and brought in for questioning by the Corrupt Practices Investigation Bureau. However, their contracts and work kept increasing. I feel that they wil be a good buy, at least in th short term at these price levels","listText":"Starburst suffered a drop in the price after a couple of senior staff were arrested and brought in for questioning by the Corrupt Practices Investigation Bureau. However, their contracts and work kept increasing. I feel that they wil be a good buy, at least in th short term at these price levels","text":"Starburst suffered a drop in the price after a couple of senior staff were arrested and brought in for questioning by the Corrupt Practices Investigation Bureau. However, their contracts and work kept increasing. I feel that they wil be a good buy, at least in th short term at these price levels","images":[{"img":"https://static.tigerbbs.com/ed163d10bcc69a27e5ff159f43092ade","width":"1080","height":"3444"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/894227221","isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":892488553,"gmtCreate":1628683913672,"gmtModify":1633745169611,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"The success of the Infrastructure Bill may signal the beginning of the end for QE... Any thoughts?","listText":"The success of the Infrastructure Bill may signal the beginning of the end for QE... Any thoughts?","text":"The success of the Infrastructure Bill may signal the beginning of the end for QE... Any thoughts?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892488553","repostId":"1119132601","repostType":4,"repost":{"id":"1119132601","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":1628683754,"share":"https://www.laohu8.com/m/news/1119132601?lang=zh_CN&edition=full","pubTime":"2021-08-11 20:09","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday<blockquote>周三美国市场开盘前的顶线</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119132601","media":"Tiger Newspress","summary":"Nasdaq futures fell on Wednesday, while Dow indicators rose slightly as investors swapped heavyweigh","content":"<p>Nasdaq futures fell on Wednesday, while Dow indicators rose slightly as investors swapped heavyweight technology stocks with economically sensitive sectors following the approval of a U.S. infrastructure bill.</p><p><blockquote>纳斯达克期货周三下跌，道指小幅上涨，因美国基建法案获批后，投资者将重量级科技股与经济敏感板块互换。</blockquote></p><p> At 8:05 a.m. ET, Dow E-minis were up 9 points, or 0.03%, S&amp;P 500 E-minis were down 4.5 points, or 0.10% and Nasdaq 100 E-minis were down 28.75 points, or 0.19%.</p><p><blockquote>截至美国东部时间上午8:05，道琼斯电子迷你指数上涨9点，即0.03%，标普500电子迷你指数下跌4.5点，即0.10%，纳斯达克100电子迷你指数下跌28.75点，即0.19%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55850418289c5de7d0e064bf346ce1a0\" tg-width=\"834\" tg-height=\"291\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:05</span></p></blockquote></p><p> The blue-chip Dow and the benchmark S&amp;P 500 logged record closing highs on Tuesday, as economically sensitive stocks gained with the U.S. Senate’s passage of a $1 trillion bipartisan infrastructure package.</p><p><blockquote>随着美国参议院通过1万亿美元的两党基础设施计划，对经济敏感的股票上涨，蓝筹股道琼斯指数和基准标普500周二创下收盘新高。</blockquote></p><p> An additional $3.5 trillion investment plan to fight climate change and poverty is now on the cards, but faces stiff resistance from Republicans.</p><p><blockquote>一项额外的3.5万亿美元投资计划正在酝酿中，以应对气候变化和贫困，但面临共和党人的强烈抵制。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/GOOS\">Canada Goose</a> – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However, its loss widened compared to a year ago thanks to rising expenses, and its stock slid 2.1% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/GOOS\">加拿大鹅</a>-Canada Goose第一财季每股亏损45美分（加拿大），小于分析师预期的53美分亏损，而这家外套制造商的收入也好于预期。然而，由于费用增加，其亏损较去年同期扩大，其股价在盘前交易中下跌2.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WEN\">Wendy's</a> – Wendy’s rallied 3.3% in the premarket after beating top and bottom-line estimates for the second quarter. The restaurant chain earned an adjusted 27 cents per share, 9 cents above estimates, with same-store sales beating forecasts as more people returned to in-person dining.</p><p><blockquote><a href=\"https://laohu8.com/S/WEN\">温迪的</a>-温迪百货(Wendy's)第二季度营收和利润超出预期，盘前股价上涨3.3%。该连锁餐厅调整后每股收益为27美分，比预期高出9美分，随着越来越多的人回归亲自用餐，同店销售额超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/PRGO\">Perrigo Co PLC</a> – The consumer health care products maker’s shares slumped 8.8% in premarket action, following a top and bottom-line miss for Perrigo’s latest quarter. Earnings came in 11 cents below estimates at an adjusted 50 cents per share, hurt by a weaker cold-and-cough season among other factors.</p><p><blockquote><a href=\"https://laohu8.com/S/PRGO\">佩里戈公司</a>–Perrigo最近一个季度的营收和利润均未达标，这家消费者保健产品制造商的股价在盘前下跌8.8%。受感冒和咳嗽季节减弱等因素的影响，调整后每股收益为50美分，比预期低11美分。</blockquote></p><p> <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – The airline said it is seeing an increase in cancellations this month due to rising concerns over the Covid-19 Delta variant, making it difficult to be profitable for the current quarter. Southwest fell 1.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/LUV\">西南航空</a>-该航空公司表示，由于对Covid-19德尔塔变异毒株的担忧日益加剧，本月取消航班的情况有所增加，导致本季度难以盈利。西南航空盘前下跌1.9%。</blockquote></p><p> <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> – Coinbase reported an adjusted quarterly profit of $3.45 per share, beating the consensus estimate of $2.33 in its first report as a public company. The cryptocurrency exchange operator also saw better-than-expected revenue of $2 billion, up from $178 million a year earlier. Trading volume during the June quarter jumped 21% from the prior 3 months, and its shares rose 2.3% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a>-Coinbase公布的调整后季度利润为每股3.45美元，超过了其作为上市公司首份报告中2.33美元的普遍预期。这家加密货币交易所运营商的收入也好于预期，达到20亿美元，高于去年同期的1.78亿美元。6月份季度的交易量较前3个月增长21%，其股价在盘前交易中上涨2.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WW\">Weight Watchers International Inc</a> – WW tumbled 22.3% in premarket trading after quarterly profit and revenue fell short of analyst forecasts. The company, formerly known as Weight Watchers, earned an adjusted 48 cents per share for the quarter, 17 cents shy of estimates, with membership levels below WW’s own forecasts. CEO Mindy Grossman said the company did have a comprehensive plan to optimize performance during the second half of the year.</p><p><blockquote><a href=\"https://laohu8.com/S/WW\">慧俪轻体国际公司</a>-季度利润和收入低于分析师预期后，WW在盘前交易中暴跌22.3%。该公司前身为慧俪轻体(Weight Watchers)，本季度调整后每股收益为48美分，比预期低17美分，会员水平低于WW自己的预测。首席执行官明迪·格罗斯曼表示，该公司确实有一个全面的计划来优化下半年的业绩。</blockquote></p><p> <a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – FuboTV lost 68 cents per share for its latest quarter, wider than the 51-cent loss that analysts were anticipating. However, the sports-focused streaming service did report better-than-expected revenue and gave an upbeat forecast including a projected doubling of full-year revenue. FuboTV shares surged 13.4% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/FUBO\">富波电视公司。</a>-FuboTV最近一个季度每股亏损68美分，高于分析师预期的51美分。然而，这家专注于体育的流媒体服务确实报告了好于预期的收入，并给出了乐观的预测，包括预计全年收入将翻一番。FuboTV股价在盘前上涨13.4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/NLOK\">NortonLifeLock Inc.</a> – Norton LifeLock is buying rival cybersecurity firm Avast for up to $8.6 billion in cash and stock. The deal will expand Norton LifeLock’s portfolio of consumer cybersecurity software offerings. Shares jumped 4.6% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/NLOK\">诺顿生命锁公司。</a>-诺顿LifeLock正在以高达86亿美元的现金和股票收购竞争对手网络安全公司Avast。该交易将扩大诺顿LifeLock的消费者网络安全软件产品组合。盘前股价上涨4.6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/POSH\">Poshmark, Inc.</a> – Poshmark reported a quarterly loss of 4 cents per share, 2 cents less than Wall Street had forecast, while the online retailer of secondhand goods saw revenue top estimates. However, Poshmark did forecast current-quarter revenue below analyst forecasts and said it would see a hit from Apple’s new privacy controls. Poshmark slumped 8.2% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/POSH\">波什马克公司。</a>-Poshmark报告季度每股亏损4美分，比华尔街预期少2美分，而这家二手商品在线零售商的收入则高于预期。然而，Poshmark确实预测本季度收入低于分析师预测，并表示将受到苹果新隐私控制措施的打击。Poshmark在盘前交易中下跌8.2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TDUP\">ThredUp Inc.</a> – ThredUp lost 15 cents per share for its latest quarter, a penny less than anticipated, while the online pre-owned fashion retailer reported better-than-expected revenue and gave an upbeat forecast. The upbeat results helped the stock rally by 7.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/TDUP\">ThredUp公司。</a>–ThredUp最近一个季度每股亏损15美分，比预期少一美分，而这家在线二手时装零售商公布的收入好于预期，并给出了乐观的预测。乐观的业绩帮助该股在盘前上涨7.3%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/ALIT\">Alight, Inc.</a> – Financial services companyVoya Financial(VOYA) is exploring a potential acquisition of the newly public employee benefits administrator, according to people with knowledge of the matter who spoke to Bloomberg. It isn’t clear whether active talks are underway and there is no guarantee a deal will be reached. Alight tacked on 2.6% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/ALIT\">阿莱特公司。</a>-据接受彭博社采访的知情人士透露，金融服务公司Voya Financial(VOYA)正在探索收购这家新上市的员工福利管理公司的可能性。目前尚不清楚积极的谈判是否正在进行中，也不能保证会达成协议。Alight在盘前交易中上涨了2.6%。</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 Wednesday<blockquote>周三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 Wednesday<blockquote>周三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\">2021-08-11 20:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nasdaq futures fell on Wednesday, while Dow indicators rose slightly as investors swapped heavyweight technology stocks with economically sensitive sectors following the approval of a U.S. infrastructure bill.</p><p><blockquote>纳斯达克期货周三下跌，道指小幅上涨，因美国基建法案获批后，投资者将重量级科技股与经济敏感板块互换。</blockquote></p><p> At 8:05 a.m. ET, Dow E-minis were up 9 points, or 0.03%, S&amp;P 500 E-minis were down 4.5 points, or 0.10% and Nasdaq 100 E-minis were down 28.75 points, or 0.19%.</p><p><blockquote>截至美国东部时间上午8:05，道琼斯电子迷你指数上涨9点，即0.03%，标普500电子迷你指数下跌4.5点，即0.10%，纳斯达克100电子迷你指数下跌28.75点，即0.19%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55850418289c5de7d0e064bf346ce1a0\" tg-width=\"834\" tg-height=\"291\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:05</span></p></blockquote></p><p> The blue-chip Dow and the benchmark S&amp;P 500 logged record closing highs on Tuesday, as economically sensitive stocks gained with the U.S. Senate’s passage of a $1 trillion bipartisan infrastructure package.</p><p><blockquote>随着美国参议院通过1万亿美元的两党基础设施计划，对经济敏感的股票上涨，蓝筹股道琼斯指数和基准标普500周二创下收盘新高。</blockquote></p><p> An additional $3.5 trillion investment plan to fight climate change and poverty is now on the cards, but faces stiff resistance from Republicans.</p><p><blockquote>一项额外的3.5万亿美元投资计划正在酝酿中，以应对气候变化和贫困，但面临共和党人的强烈抵制。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/GOOS\">Canada Goose</a> – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However, its loss widened compared to a year ago thanks to rising expenses, and its stock slid 2.1% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/GOOS\">加拿大鹅</a>-Canada Goose第一财季每股亏损45美分（加拿大），小于分析师预期的53美分亏损，而这家外套制造商的收入也好于预期。然而，由于费用增加，其亏损较去年同期扩大，其股价在盘前交易中下跌2.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WEN\">Wendy's</a> – Wendy’s rallied 3.3% in the premarket after beating top and bottom-line estimates for the second quarter. The restaurant chain earned an adjusted 27 cents per share, 9 cents above estimates, with same-store sales beating forecasts as more people returned to in-person dining.</p><p><blockquote><a href=\"https://laohu8.com/S/WEN\">温迪的</a>-温迪百货(Wendy's)第二季度营收和利润超出预期，盘前股价上涨3.3%。该连锁餐厅调整后每股收益为27美分，比预期高出9美分，随着越来越多的人回归亲自用餐，同店销售额超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/PRGO\">Perrigo Co PLC</a> – The consumer health care products maker’s shares slumped 8.8% in premarket action, following a top and bottom-line miss for Perrigo’s latest quarter. Earnings came in 11 cents below estimates at an adjusted 50 cents per share, hurt by a weaker cold-and-cough season among other factors.</p><p><blockquote><a href=\"https://laohu8.com/S/PRGO\">佩里戈公司</a>–Perrigo最近一个季度的营收和利润均未达标，这家消费者保健产品制造商的股价在盘前下跌8.8%。受感冒和咳嗽季节减弱等因素的影响，调整后每股收益为50美分，比预期低11美分。</blockquote></p><p> <a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – The airline said it is seeing an increase in cancellations this month due to rising concerns over the Covid-19 Delta variant, making it difficult to be profitable for the current quarter. Southwest fell 1.9% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/LUV\">西南航空</a>-该航空公司表示，由于对Covid-19德尔塔变异毒株的担忧日益加剧，本月取消航班的情况有所增加，导致本季度难以盈利。西南航空盘前下跌1.9%。</blockquote></p><p> <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> – Coinbase reported an adjusted quarterly profit of $3.45 per share, beating the consensus estimate of $2.33 in its first report as a public company. The cryptocurrency exchange operator also saw better-than-expected revenue of $2 billion, up from $178 million a year earlier. Trading volume during the June quarter jumped 21% from the prior 3 months, and its shares rose 2.3% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/COIN\">比特币基地全球公司。</a>-Coinbase公布的调整后季度利润为每股3.45美元，超过了其作为上市公司首份报告中2.33美元的普遍预期。这家加密货币交易所运营商的收入也好于预期，达到20亿美元，高于去年同期的1.78亿美元。6月份季度的交易量较前3个月增长21%，其股价在盘前交易中上涨2.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WW\">Weight Watchers International Inc</a> – WW tumbled 22.3% in premarket trading after quarterly profit and revenue fell short of analyst forecasts. The company, formerly known as Weight Watchers, earned an adjusted 48 cents per share for the quarter, 17 cents shy of estimates, with membership levels below WW’s own forecasts. CEO Mindy Grossman said the company did have a comprehensive plan to optimize performance during the second half of the year.</p><p><blockquote><a href=\"https://laohu8.com/S/WW\">慧俪轻体国际公司</a>-季度利润和收入低于分析师预期后，WW在盘前交易中暴跌22.3%。该公司前身为慧俪轻体(Weight Watchers)，本季度调整后每股收益为48美分，比预期低17美分，会员水平低于WW自己的预测。首席执行官明迪·格罗斯曼表示，该公司确实有一个全面的计划来优化下半年的业绩。</blockquote></p><p> <a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – FuboTV lost 68 cents per share for its latest quarter, wider than the 51-cent loss that analysts were anticipating. However, the sports-focused streaming service did report better-than-expected revenue and gave an upbeat forecast including a projected doubling of full-year revenue. FuboTV shares surged 13.4% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/FUBO\">富波电视公司。</a>-FuboTV最近一个季度每股亏损68美分，高于分析师预期的51美分。然而，这家专注于体育的流媒体服务确实报告了好于预期的收入，并给出了乐观的预测，包括预计全年收入将翻一番。FuboTV股价在盘前上涨13.4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/NLOK\">NortonLifeLock Inc.</a> – Norton LifeLock is buying rival cybersecurity firm Avast for up to $8.6 billion in cash and stock. The deal will expand Norton LifeLock’s portfolio of consumer cybersecurity software offerings. Shares jumped 4.6% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/NLOK\">诺顿生命锁公司。</a>-诺顿LifeLock正在以高达86亿美元的现金和股票收购竞争对手网络安全公司Avast。该交易将扩大诺顿LifeLock的消费者网络安全软件产品组合。盘前股价上涨4.6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/POSH\">Poshmark, Inc.</a> – Poshmark reported a quarterly loss of 4 cents per share, 2 cents less than Wall Street had forecast, while the online retailer of secondhand goods saw revenue top estimates. However, Poshmark did forecast current-quarter revenue below analyst forecasts and said it would see a hit from Apple’s new privacy controls. Poshmark slumped 8.2% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/POSH\">波什马克公司。</a>-Poshmark报告季度每股亏损4美分，比华尔街预期少2美分，而这家二手商品在线零售商的收入则高于预期。然而，Poshmark确实预测本季度收入低于分析师预测，并表示将受到苹果新隐私控制措施的打击。Poshmark在盘前交易中下跌8.2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/TDUP\">ThredUp Inc.</a> – ThredUp lost 15 cents per share for its latest quarter, a penny less than anticipated, while the online pre-owned fashion retailer reported better-than-expected revenue and gave an upbeat forecast. The upbeat results helped the stock rally by 7.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/TDUP\">ThredUp公司。</a>–ThredUp最近一个季度每股亏损15美分，比预期少一美分，而这家在线二手时装零售商公布的收入好于预期，并给出了乐观的预测。乐观的业绩帮助该股在盘前上涨7.3%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/ALIT\">Alight, Inc.</a> – Financial services companyVoya Financial(VOYA) is exploring a potential acquisition of the newly public employee benefits administrator, according to people with knowledge of the matter who spoke to Bloomberg. It isn’t clear whether active talks are underway and there is no guarantee a deal will be reached. Alight tacked on 2.6% in premarket trading.</p><p><blockquote><a href=\"https://laohu8.com/S/ALIT\">阿莱特公司。</a>-据接受彭博社采访的知情人士透露，金融服务公司Voya Financial(VOYA)正在探索收购这家新上市的员工福利管理公司的可能性。目前尚不清楚积极的谈判是否正在进行中，也不能保证会达成协议。Alight在盘前交易中上涨了2.6%。</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",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119132601","content_text":"Nasdaq futures fell on Wednesday, while Dow indicators rose slightly as investors swapped heavyweight technology stocks with economically sensitive sectors following the approval of a U.S. infrastructure bill.\nAt 8:05 a.m. ET, Dow E-minis were up 9 points, or 0.03%, S&P 500 E-minis were down 4.5 points, or 0.10% and Nasdaq 100 E-minis were down 28.75 points, or 0.19%.\n*Source From Tiger Trade, EST 08:05\nThe blue-chip Dow and the benchmark S&P 500 logged record closing highs on Tuesday, as economically sensitive stocks gained with the U.S. Senate’s passage of a $1 trillion bipartisan infrastructure package.\nAn additional $3.5 trillion investment plan to fight climate change and poverty is now on the cards, but faces stiff resistance from Republicans.\nStocks making the biggest moves in the premarket:\nCanada Goose – Canada Goose lost 45 cents per share (Canadian) for its fiscal first quarter, smaller than the 53 cent loss that analysts were anticipating, while the outerwear maker saw better-than-expected revenue as well. However, its loss widened compared to a year ago thanks to rising expenses, and its stock slid 2.1% in premarket trading.\nWendy's – Wendy’s rallied 3.3% in the premarket after beating top and bottom-line estimates for the second quarter. The restaurant chain earned an adjusted 27 cents per share, 9 cents above estimates, with same-store sales beating forecasts as more people returned to in-person dining.\nPerrigo Co PLC – The consumer health care products maker’s shares slumped 8.8% in premarket action, following a top and bottom-line miss for Perrigo’s latest quarter. Earnings came in 11 cents below estimates at an adjusted 50 cents per share, hurt by a weaker cold-and-cough season among other factors.\nSouthwest Airlines – The airline said it is seeing an increase in cancellations this month due to rising concerns over the Covid-19 Delta variant, making it difficult to be profitable for the current quarter. Southwest fell 1.9% in the premarket.\nCoinbase Global, Inc. – Coinbase reported an adjusted quarterly profit of $3.45 per share, beating the consensus estimate of $2.33 in its first report as a public company. The cryptocurrency exchange operator also saw better-than-expected revenue of $2 billion, up from $178 million a year earlier. Trading volume during the June quarter jumped 21% from the prior 3 months, and its shares rose 2.3% in premarket trading.\nWeight Watchers International Inc – WW tumbled 22.3% in premarket trading after quarterly profit and revenue fell short of analyst forecasts. The company, formerly known as Weight Watchers, earned an adjusted 48 cents per share for the quarter, 17 cents shy of estimates, with membership levels below WW’s own forecasts. CEO Mindy Grossman said the company did have a comprehensive plan to optimize performance during the second half of the year.\nfuboTV Inc. – FuboTV lost 68 cents per share for its latest quarter, wider than the 51-cent loss that analysts were anticipating. However, the sports-focused streaming service did report better-than-expected revenue and gave an upbeat forecast including a projected doubling of full-year revenue. FuboTV shares surged 13.4% in premarket action.\nNortonLifeLock Inc. – Norton LifeLock is buying rival cybersecurity firm Avast for up to $8.6 billion in cash and stock. The deal will expand Norton LifeLock’s portfolio of consumer cybersecurity software offerings. Shares jumped 4.6% in the premarket.\nPoshmark, Inc. – Poshmark reported a quarterly loss of 4 cents per share, 2 cents less than Wall Street had forecast, while the online retailer of secondhand goods saw revenue top estimates. However, Poshmark did forecast current-quarter revenue below analyst forecasts and said it would see a hit from Apple’s new privacy controls. Poshmark slumped 8.2% in premarket trading.\nThredUp Inc. – ThredUp lost 15 cents per share for its latest quarter, a penny less than anticipated, while the online pre-owned fashion retailer reported better-than-expected revenue and gave an upbeat forecast. The upbeat results helped the stock rally by 7.3% in the premarket.\nAlight, Inc. – Financial services companyVoya Financial(VOYA) is exploring a potential acquisition of the newly public employee benefits administrator, according to people with knowledge of the matter who spoke to Bloomberg. It isn’t clear whether active talks are underway and there is no guarantee a deal will be reached. Alight tacked on 2.6% in premarket trading.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891914735,"gmtCreate":1628316807427,"gmtModify":1631883895102,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"That is a nice review of one of the rogues of Wall Street 😀","listText":"That is a nice review of one of the rogues of Wall Street 😀","text":"That is a nice review of one of the rogues of Wall Street 😀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891914735","repostId":"1119792130","repostType":4,"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899038813,"gmtCreate":1628140943432,"gmtModify":1633753183635,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"All I want is reasonably priced petrol... But the lack of demand due to COVID-19 also plays a part in this complex little play","listText":"All I want is reasonably priced petrol... But the lack of demand due to COVID-19 also plays a part in this complex little play","text":"All I want is reasonably priced petrol... But the lack of demand due to COVID-19 also plays a part in this complex little play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899038813","repostId":"1136019573","repostType":4,"repost":{"id":"1136019573","kind":"news","pubTimestamp":1628140378,"share":"https://www.laohu8.com/m/news/1136019573?lang=zh_CN&edition=full","pubTime":"2021-08-05 13:12","market":"other","language":"en","title":"Crude Oil, Energy Stocks Sink on Fed Commentary. WTI at Risk on Technicals<blockquote>美联储评论导致原油、能源股下跌。WTI面临技术风险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136019573","media":"DailyFX","summary":"CRUDE OIL, COVID-19, FED, IGCS, TECHNICAL ANALYSIS - TALKING POINTS:\n\nGrowth-linked crude oil prices","content":"<p><b>CRUDE OIL, COVID-19, FED, IGCS, TECHNICAL ANALYSIS - TALKING POINTS:</b></p><p><blockquote><b>原油、COVID-19、美联储、IGCS、技术分析-谈话要点：</b></blockquote></p><p> <ul>  <li>Growth-linked&nbsp;crude oil prices&nbsp;weakened alongside energy stocks on&nbsp;Wall Street</li>  <li>Rising global Covid-19 cases, speech from Fed’s Clarida dented energy prices</li>  <li>WTI&nbsp;at risk of developing bearish technical signals as retail traders go long</li> </ul> WTI crude oil prices fell by the most in over 2 weeks on Wednesday, succumbing to fundamental forces that did similar damage to energy stocks and the cyclically-oriented Dow Jones Industrial Average. Rising Covid-19 cases amid the spread of the more contagious Delta variant have been denting global growth prospects. China, the world’s largest consumer of the commodity, recently placed millions into lockdown to help contain the virus.</p><p><blockquote><ul><li>与增长相关的原油价格与华尔街能源股一起走弱</li><li>全球Covid-19病例不断增加，美联储克拉里达的讲话削弱了能源价格</li><li>随着散户交易者做多，WTI面临形成看跌技术信号的风险</li></ul>WTI原油价格周三创下两周多来最大跌幅，屈服于对能源股和周期性道琼斯工业平均指数造成类似损害的基本面力量。随着传染性更强的德尔塔变异毒株的传播，Covid-19病例不断增加，削弱了全球增长前景。中国是全球最大的大宗商品消费国，最近封锁了数百万人，以帮助遏制病毒。</blockquote></p><p> A&nbsp;softer&nbsp;ADP employment report in the United States may have contributed to the sour mood on Wall Street, weakening oil prices too. This was then compounded by relatively hawkish commentary from Fed Vice Chair Richard Clarida, who noted that conditions for raising rates could be met by the end of next year. The EIA’s report of an unexpected 3.6-million-barrel draw in crude oil inventories last week also weighed on prices.</p><p><blockquote>美国ADP就业报告疲软可能导致华尔街情绪不佳，也削弱了油价。随后，美联储副主席理查德·克拉里达（Richard Clarida）相对鹰派的评论加剧了这种情况，他指出，加息的条件可能会在明年年底前得到满足。EIA上周原油库存意外减少360万桶的报告也打压了价格。</blockquote></p><p> Prior to Friday’s US non-farm payrolls report, oil prices could remain vulnerable to swelling Covid cases. The focus over the remaining 24 hours likely turns to more Fedspeak. Governor Christopher Waller and Minneapolis President Neel Kashkari are slated to speak. The former could reiterate his rather hawkish views on monetary policy while the latter may counter with his relatively dovish opinions of late.</p><p><blockquote>在周五美国非农就业报告公布之前，油价可能仍容易受到新冠病例激增的影响。剩下24小时的焦点可能会转向更多的美联储言论。州长克里斯托弗·沃勒和明尼阿波利斯市总统尼尔·卡什卡利将发表讲话。前者可能会重申他在货币政策上相当鹰派的观点，而后者可能会反驳他最近相对鸽派的观点。</blockquote></p><p> <h3><b>CRUDE OIL TECHNICAL ANALYSIS</b></h3> Crude oil prices may be at risk in the near term after a bearish ‘Death Cross’ emerged between the 20- and 50-day Simple Moving Averages (SMAs). The 67.94 – 66.37 inflection zone is in focus after the commodity paused its drop on the outer boundary of the range. Pushing deeper into the zone and breaking under risks opening the door to further losses. In the event of a bounce, keep a close eye on the SMAs which may act as key resistance points.</p><p><blockquote><h3><b>原油技术分析</b></h3>在20日和50日简单移动平均线（SMA）之间出现看跌“死亡交叉”后，原油价格短期内可能面临风险。在大宗商品在该区间的外边界暂停下跌后，67.94-66.37拐点成为焦点。深入该区域并突破风险将为进一步损失打开大门。如果出现反弹，请密切关注可能作为关键阻力点的SMA。</blockquote></p><p> <b>WTI DAILY CHART</b><img src=\"https://static.tigerbbs.com/d31e27e587663eedffe9747388f91c6a\" tg-width=\"680\" tg-height=\"328\" referrerpolicy=\"no-referrer\"></p><p><blockquote><b>WTI日线图</b></blockquote></p><p> Chart Created Using TradingView</p><p><blockquote>使用TradingView创建的图表</blockquote></p><p> <h3><b>CRUDE OIL SENTIMENT ANALYSIS</b></h3> According to&nbsp;IG Client Sentiment&nbsp;(IGCS), about 62% of retail traders are net-long crude oil. Upside exposure has increased by 22.59% and 45.80% over a daily and weekly basis respectively. We typically take a contrarian view to crowd sentiment. The fact that traders are net-long hints prices may continue falling. Recent shifts in sentiment are further reinforcing this outlook.</p><p><blockquote><h3><b>原油情绪分析</b></h3>根据IG客户情绪（IGCS），约62%的散户交易者是原油净多头。上行风险较每日和每周分别增加22.59%和45.80%。我们通常对人群情绪持相反的观点。交易者净多头的事实暗示价格可能会继续下跌。最近情绪的转变进一步强化了这一前景。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8aa668b8c61d75013df145f5976559fa\" tg-width=\"680\" tg-height=\"441\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">*IGCS chart used from&nbsp;August 4th&nbsp;report</p><p><blockquote>*使用8月4日报告的IGCS图表</blockquote></p><p></p>","source":"lsy1568971417606","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>Crude Oil, Energy Stocks Sink on Fed Commentary. WTI at Risk on Technicals<blockquote>美联储评论导致原油、能源股下跌。WTI面临技术风险</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\">\nCrude Oil, Energy Stocks Sink on Fed Commentary. WTI at Risk on Technicals<blockquote>美联储评论导致原油、能源股下跌。WTI面临技术风险</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">DailyFX</strong><span class=\"h-time small\">2021-08-05 13:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>CRUDE OIL, COVID-19, FED, IGCS, TECHNICAL ANALYSIS - TALKING POINTS:</b></p><p><blockquote><b>原油、COVID-19、美联储、IGCS、技术分析-谈话要点：</b></blockquote></p><p> <ul>  <li>Growth-linked&nbsp;crude oil prices&nbsp;weakened alongside energy stocks on&nbsp;Wall Street</li>  <li>Rising global Covid-19 cases, speech from Fed’s Clarida dented energy prices</li>  <li>WTI&nbsp;at risk of developing bearish technical signals as retail traders go long</li> </ul> WTI crude oil prices fell by the most in over 2 weeks on Wednesday, succumbing to fundamental forces that did similar damage to energy stocks and the cyclically-oriented Dow Jones Industrial Average. Rising Covid-19 cases amid the spread of the more contagious Delta variant have been denting global growth prospects. China, the world’s largest consumer of the commodity, recently placed millions into lockdown to help contain the virus.</p><p><blockquote><ul><li>与增长相关的原油价格与华尔街能源股一起走弱</li><li>全球Covid-19病例不断增加，美联储克拉里达的讲话削弱了能源价格</li><li>随着散户交易者做多，WTI面临形成看跌技术信号的风险</li></ul>WTI原油价格周三创下两周多来最大跌幅，屈服于对能源股和周期性道琼斯工业平均指数造成类似损害的基本面力量。随着传染性更强的德尔塔变异毒株的传播，Covid-19病例不断增加，削弱了全球增长前景。中国是全球最大的大宗商品消费国，最近封锁了数百万人，以帮助遏制病毒。</blockquote></p><p> A&nbsp;softer&nbsp;ADP employment report in the United States may have contributed to the sour mood on Wall Street, weakening oil prices too. This was then compounded by relatively hawkish commentary from Fed Vice Chair Richard Clarida, who noted that conditions for raising rates could be met by the end of next year. The EIA’s report of an unexpected 3.6-million-barrel draw in crude oil inventories last week also weighed on prices.</p><p><blockquote>美国ADP就业报告疲软可能导致华尔街情绪不佳，也削弱了油价。随后，美联储副主席理查德·克拉里达（Richard Clarida）相对鹰派的评论加剧了这种情况，他指出，加息的条件可能会在明年年底前得到满足。EIA上周原油库存意外减少360万桶的报告也打压了价格。</blockquote></p><p> Prior to Friday’s US non-farm payrolls report, oil prices could remain vulnerable to swelling Covid cases. The focus over the remaining 24 hours likely turns to more Fedspeak. Governor Christopher Waller and Minneapolis President Neel Kashkari are slated to speak. The former could reiterate his rather hawkish views on monetary policy while the latter may counter with his relatively dovish opinions of late.</p><p><blockquote>在周五美国非农就业报告公布之前，油价可能仍容易受到新冠病例激增的影响。剩下24小时的焦点可能会转向更多的美联储言论。州长克里斯托弗·沃勒和明尼阿波利斯市总统尼尔·卡什卡利将发表讲话。前者可能会重申他在货币政策上相当鹰派的观点，而后者可能会反驳他最近相对鸽派的观点。</blockquote></p><p> <h3><b>CRUDE OIL TECHNICAL ANALYSIS</b></h3> Crude oil prices may be at risk in the near term after a bearish ‘Death Cross’ emerged between the 20- and 50-day Simple Moving Averages (SMAs). The 67.94 – 66.37 inflection zone is in focus after the commodity paused its drop on the outer boundary of the range. Pushing deeper into the zone and breaking under risks opening the door to further losses. In the event of a bounce, keep a close eye on the SMAs which may act as key resistance points.</p><p><blockquote><h3><b>原油技术分析</b></h3>在20日和50日简单移动平均线（SMA）之间出现看跌“死亡交叉”后，原油价格短期内可能面临风险。在大宗商品在该区间的外边界暂停下跌后，67.94-66.37拐点成为焦点。深入该区域并突破风险将为进一步损失打开大门。如果出现反弹，请密切关注可能作为关键阻力点的SMA。</blockquote></p><p> <b>WTI DAILY CHART</b><img src=\"https://static.tigerbbs.com/d31e27e587663eedffe9747388f91c6a\" tg-width=\"680\" tg-height=\"328\" referrerpolicy=\"no-referrer\"></p><p><blockquote><b>WTI日线图</b></blockquote></p><p> Chart Created Using TradingView</p><p><blockquote>使用TradingView创建的图表</blockquote></p><p> <h3><b>CRUDE OIL SENTIMENT ANALYSIS</b></h3> According to&nbsp;IG Client Sentiment&nbsp;(IGCS), about 62% of retail traders are net-long crude oil. Upside exposure has increased by 22.59% and 45.80% over a daily and weekly basis respectively. We typically take a contrarian view to crowd sentiment. The fact that traders are net-long hints prices may continue falling. Recent shifts in sentiment are further reinforcing this outlook.</p><p><blockquote><h3><b>原油情绪分析</b></h3>根据IG客户情绪（IGCS），约62%的散户交易者是原油净多头。上行风险较每日和每周分别增加22.59%和45.80%。我们通常对人群情绪持相反的观点。交易者净多头的事实暗示价格可能会继续下跌。最近情绪的转变进一步强化了这一前景。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8aa668b8c61d75013df145f5976559fa\" tg-width=\"680\" tg-height=\"441\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">*IGCS chart used from&nbsp;August 4th&nbsp;report</p><p><blockquote>*使用8月4日报告的IGCS图表</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/08/05/Crude-Oil-Energy-Stocks-Sink-on-Fed-Commentary-WTI-at-Risk-to-Technicals.html\">DailyFX</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":{"CRUD.UK":"WTI原油ETF"},"source_url":"https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/08/05/Crude-Oil-Energy-Stocks-Sink-on-Fed-Commentary-WTI-at-Risk-to-Technicals.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136019573","content_text":"CRUDE OIL, COVID-19, FED, IGCS, TECHNICAL ANALYSIS - TALKING POINTS:\n\nGrowth-linked crude oil prices weakened alongside energy stocks on Wall Street\nRising global Covid-19 cases, speech from Fed’s Clarida dented energy prices\nWTI at risk of developing bearish technical signals as retail traders go long\n\nWTI crude oil prices fell by the most in over 2 weeks on Wednesday, succumbing to fundamental forces that did similar damage to energy stocks and the cyclically-oriented Dow Jones Industrial Average. Rising Covid-19 cases amid the spread of the more contagious Delta variant have been denting global growth prospects. China, the world’s largest consumer of the commodity, recently placed millions into lockdown to help contain the virus.\nA softer ADP employment report in the United States may have contributed to the sour mood on Wall Street, weakening oil prices too. This was then compounded by relatively hawkish commentary from Fed Vice Chair Richard Clarida, who noted that conditions for raising rates could be met by the end of next year. The EIA’s report of an unexpected 3.6-million-barrel draw in crude oil inventories last week also weighed on prices.\nPrior to Friday’s US non-farm payrolls report, oil prices could remain vulnerable to swelling Covid cases. The focus over the remaining 24 hours likely turns to more Fedspeak. Governor Christopher Waller and Minneapolis President Neel Kashkari are slated to speak. The former could reiterate his rather hawkish views on monetary policy while the latter may counter with his relatively dovish opinions of late.\nCRUDE OIL TECHNICAL ANALYSIS\nCrude oil prices may be at risk in the near term after a bearish ‘Death Cross’ emerged between the 20- and 50-day Simple Moving Averages (SMAs). The 67.94 – 66.37 inflection zone is in focus after the commodity paused its drop on the outer boundary of the range. Pushing deeper into the zone and breaking under risks opening the door to further losses. In the event of a bounce, keep a close eye on the SMAs which may act as key resistance points.\nWTI DAILY CHART\nChart Created Using TradingView\nCRUDE OIL SENTIMENT ANALYSIS\nAccording to IG Client Sentiment (IGCS), about 62% of retail traders are net-long crude oil. Upside exposure has increased by 22.59% and 45.80% over a daily and weekly basis respectively. We typically take a contrarian view to crowd sentiment. The fact that traders are net-long hints prices may continue falling. Recent shifts in sentiment are further reinforcing this outlook.\n*IGCS chart used from August 4th report","news_type":1,"symbols_score_info":{"MCLmain":0.9,"CRUD.UK":0.9,"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804707247,"gmtCreate":1627978242589,"gmtModify":1633754705671,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels","listText":"Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels","text":"Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/804707247","repostId":"1104668581","repostType":4,"repost":{"id":"1104668581","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627977934,"share":"https://www.laohu8.com/m/news/1104668581?lang=zh_CN&edition=full","pubTime":"2021-08-03 16:05","market":"us","language":"en","title":"Apple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104668581","media":"Benzinga","summary":"Apple Inc. will have to face a patent infringement lawsuit over the heart rate sensor technology in ","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc.</b>&nbsp;will have to face a patent infringement lawsuit over the heart rate sensor technology in the <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Watch, AppleInsiderreportedMonday, citing a ruling by the U.S. Court of Appeals for the Federal Circuit.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>公司。</b>将不得不面临针对心率传感器技术的专利侵权诉讼<a href=\"https://laohu8.com/S/AAPL\">苹果</a>AppleInsider周一援引美国联邦巡回上诉法院的一项裁决报道。</blockquote></p><p> <b>What Happened</b>: The original lawsuit - filed by&nbsp;<b>Omni MedSci Inc.</b>&nbsp;in 2018 - had alleged that Apple Watch’s heart rate measurement technology infringed on multiple patents owned by the company, as per the report.</p><p><blockquote><b>发生了什么</b>：原诉讼-由<b>Omni MedSci公司。</b>据报道，2018年——指控苹果手表的心率测量技术侵犯了该公司拥有的多项专利。</blockquote></p><p> Apple’s move to get the lawsuit dismissed was denied by a U.S. District Court. The case was brought to the Federal Circuit after the<b>Tim Cook</b>-led company appealed the decision, the report noted.</p><p><blockquote>苹果要求驳回诉讼的举动被美国地方法院驳回。此案被提交到联邦巡回法院<b>蒂姆·库克</b>报告指出，-led公司对这一决定提出上诉。</blockquote></p><p> The patents were reportedly owned by University of Michigan professor&nbsp;<b>Mohammed Islam</b>, who later assigned the patent rights to Omni MedSci.</p><p><blockquote>据报道，这些专利归密歇根大学教授所有<b>穆罕默德·伊斯兰</b>，后者后来将专利权转让给Omni MedSci。</blockquote></p><p> However, Apple had argued that the patents actually belonged to the University of Michigan, citing Islam’s employment agreement with the university, as per the report. The federal circuit disagreed with the tech giant’s argument.</p><p><blockquote>然而，据报道，苹果辩称，这些专利实际上属于密歇根大学，并引用了伊斯兰与该大学的就业协议。联邦巡回法院不同意这家科技巨头的论点。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Apple is facing other lawsuits too related to the Apple Watch.It wasreportedin May that privately-held medical device maker<b>AliveCor Inc.</b>filed a federal antitrust lawsuit against the Cupertino-based company, accusing it of monopolizing the market for heart-rate technology for the Apple Watch.</p><p><blockquote><b>为什么重要：</b>苹果还面临着其他与苹果观察组织有关的诉讼。据五月份报道，这家私营医疗器械制造商<b>AliveCor公司。</b>对这家总部位于库比蒂诺的公司提起联邦反垄断诉讼，指控其垄断苹果手表心率技术市场。</blockquote></p><p> The Apple Watch is an important product for Apple and is part of the company’s wearables, home, and accessories segment that generated sales of $8.78 billion in the recent third quarter, up 36% year-over-year.</p><p><blockquote>苹果手表是苹果的重要产品，也是该公司可穿戴设备、家居和配件部门的一部分，该部门在最近第三季度的销售额为87.8亿美元，同比增长36%。</blockquote></p><p> <b>Price Action</b>: Apple shares closed 0.2% lower in Monday’s trading session at $145.52.</p><p><blockquote><b>价格行为</b>：苹果股价在周一交易时段收盘下跌0.2%，至145.52美元。</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>Apple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</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\">\nApple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-03 16:05</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc.</b>&nbsp;will have to face a patent infringement lawsuit over the heart rate sensor technology in the <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Watch, AppleInsiderreportedMonday, citing a ruling by the U.S. Court of Appeals for the Federal Circuit.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>公司。</b>将不得不面临针对心率传感器技术的专利侵权诉讼<a href=\"https://laohu8.com/S/AAPL\">苹果</a>AppleInsider周一援引美国联邦巡回上诉法院的一项裁决报道。</blockquote></p><p> <b>What Happened</b>: The original lawsuit - filed by&nbsp;<b>Omni MedSci Inc.</b>&nbsp;in 2018 - had alleged that Apple Watch’s heart rate measurement technology infringed on multiple patents owned by the company, as per the report.</p><p><blockquote><b>发生了什么</b>：原诉讼-由<b>Omni MedSci公司。</b>据报道，2018年——指控苹果手表的心率测量技术侵犯了该公司拥有的多项专利。</blockquote></p><p> Apple’s move to get the lawsuit dismissed was denied by a U.S. District Court. The case was brought to the Federal Circuit after the<b>Tim Cook</b>-led company appealed the decision, the report noted.</p><p><blockquote>苹果要求驳回诉讼的举动被美国地方法院驳回。此案被提交到联邦巡回法院<b>蒂姆·库克</b>报告指出，-led公司对这一决定提出上诉。</blockquote></p><p> The patents were reportedly owned by University of Michigan professor&nbsp;<b>Mohammed Islam</b>, who later assigned the patent rights to Omni MedSci.</p><p><blockquote>据报道，这些专利归密歇根大学教授所有<b>穆罕默德·伊斯兰</b>，后者后来将专利权转让给Omni MedSci。</blockquote></p><p> However, Apple had argued that the patents actually belonged to the University of Michigan, citing Islam’s employment agreement with the university, as per the report. The federal circuit disagreed with the tech giant’s argument.</p><p><blockquote>然而，据报道，苹果辩称，这些专利实际上属于密歇根大学，并引用了伊斯兰与该大学的就业协议。联邦巡回法院不同意这家科技巨头的论点。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Apple is facing other lawsuits too related to the Apple Watch.It wasreportedin May that privately-held medical device maker<b>AliveCor Inc.</b>filed a federal antitrust lawsuit against the Cupertino-based company, accusing it of monopolizing the market for heart-rate technology for the Apple Watch.</p><p><blockquote><b>为什么重要：</b>苹果还面临着其他与苹果观察组织有关的诉讼。据五月份报道，这家私营医疗器械制造商<b>AliveCor公司。</b>对这家总部位于库比蒂诺的公司提起联邦反垄断诉讼，指控其垄断苹果手表心率技术市场。</blockquote></p><p> The Apple Watch is an important product for Apple and is part of the company’s wearables, home, and accessories segment that generated sales of $8.78 billion in the recent third quarter, up 36% year-over-year.</p><p><blockquote>苹果手表是苹果的重要产品，也是该公司可穿戴设备、家居和配件部门的一部分，该部门在最近第三季度的销售额为87.8亿美元，同比增长36%。</blockquote></p><p> <b>Price Action</b>: Apple shares closed 0.2% lower in Monday’s trading session at $145.52.</p><p><blockquote><b>价格行为</b>：苹果股价在周一交易时段收盘下跌0.2%，至145.52美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104668581","content_text":"Apple Inc. will have to face a patent infringement lawsuit over the heart rate sensor technology in the Apple Watch, AppleInsiderreportedMonday, citing a ruling by the U.S. Court of Appeals for the Federal Circuit.\nWhat Happened: The original lawsuit - filed by Omni MedSci Inc. in 2018 - had alleged that Apple Watch’s heart rate measurement technology infringed on multiple patents owned by the company, as per the report.\nApple’s move to get the lawsuit dismissed was denied by a U.S. District Court. The case was brought to the Federal Circuit after theTim Cook-led company appealed the decision, the report noted.\nThe patents were reportedly owned by University of Michigan professor Mohammed Islam, who later assigned the patent rights to Omni MedSci.\nHowever, Apple had argued that the patents actually belonged to the University of Michigan, citing Islam’s employment agreement with the university, as per the report. The federal circuit disagreed with the tech giant’s argument.\nWhy It Matters: Apple is facing other lawsuits too related to the Apple Watch.It wasreportedin May that privately-held medical device makerAliveCor Inc.filed a federal antitrust lawsuit against the Cupertino-based company, accusing it of monopolizing the market for heart-rate technology for the Apple Watch.\nThe Apple Watch is an important product for Apple and is part of the company’s wearables, home, and accessories segment that generated sales of $8.78 billion in the recent third quarter, up 36% year-over-year.\nPrice Action: Apple shares closed 0.2% lower in Monday’s trading session at $145.52.","news_type":1,"symbols_score_info":{"AAPL":0.9,"09086":0.9,"03086":0.9}},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804702574,"gmtCreate":1627978008298,"gmtModify":1633754707713,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"The SPX is in the middle of a whipsaw so trade carefully. It is not if it will go lower or higher, but whether we can stomach the rapid high &amp; low. Trade safe","listText":"The SPX is in the middle of a whipsaw so trade carefully. It is not if it will go lower or higher, but whether we can stomach the rapid high &amp; low. Trade safe","text":"The SPX is in the middle of a whipsaw so trade carefully. It is not if it will go lower or higher, but whether we can stomach the rapid high & low. Trade safe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/804702574","repostId":"1119202754","repostType":4,"repost":{"id":"1119202754","kind":"news","pubTimestamp":1627977515,"share":"https://www.laohu8.com/m/news/1119202754?lang=zh_CN&edition=full","pubTime":"2021-08-03 15:58","market":"us","language":"en","title":"S&P 500 Price Chart Setup Flashes Warning for US Stocks<blockquote>标普500价格图表设置对美国股市发出警告</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119202754","media":"DailyFX","summary":"US STOCKS, WALL STREET, S&P 500 TECHNICAL ANALYSIS – TALKING POINTS:\n\nS&P 500 idling after touching ","content":"<p><b>US STOCKS, WALL STREET, S&amp;P 500 TECHNICAL ANALYSIS – TALKING POINTS:</b></p><p><blockquote><b>美股、华尔街、标普500技术分析-谈话要点：</b></blockquote></p><p> <ul>  <li>S&amp;P 500&nbsp;idling after touching another record high</li>  <li>Negative RSI divergence warns momentum ebbing</li>  <li>Pullback would put support below 4300 into focus</li> </ul> The broad-based <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> benchmark equity index has settled into a consolidative range centered around the 4400 figure after putting in yet another record high. Acutely negative RSI divergence suggests upside momentum is unraveling, which may lay the groundwork for a reversal downward.</p><p><blockquote><ul><li>标普500再创历史新高后空转</li><li>RSI负背离警告动能消退</li><li>回调将使4300点下方的支撑成为焦点</li></ul>基础广泛的<a href=\"https://laohu8.com/S/.SPX\">标普500</a>基准股指在再创历史新高后，已进入以4400点为中心的盘整区间。RSI背离严重为负表明上行动力正在瓦解，这可能为向下反转奠定基础。</blockquote></p><p> The 50% and 38.2% Fibonacci expansions at 4353.00 and 4322.50 approximate near-term support in the event that prices push through the range floor at 4376.50. Building the case for major topping and lasting follow-through probably demands a daily close below resistance-turned-support in the 4238-58 zone.</p><p><blockquote>如果价格突破区间底部4376.50，4353.00和4322.50的50%和38.2%斐波那契扩张接近近期支撑。为主要见顶和持久跟进奠定基础可能需要每日收盘价低于4238-58区域的阻力位（即支撑位）。</blockquote></p><p> On the topside, the 78.6% expansion at 4426.50 sits just a hair past record highs and effectively marks the outer layer of immediate resistance. Breaking that barrier on a daily closing basis might set the stage for an advance to probe near the 100% Fib at 4481.75.</p><p><blockquote>从表面上看，4426.50点的78.6%扩张仅略高于历史高点，有效地标志着直接阻力的外层。每日收盘突破该障碍可能会为突破4481.75附近的100%Fib奠定基础。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1025cf11b77267e3e45214883635bb9e\" tg-width=\"680\" tg-height=\"363\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">S&amp;P 500&nbsp;daily chart created with&nbsp;TradingView</p><p><blockquote>使用TradingView创建的标普500日线图</blockquote></p><p></p>","source":"lsy1568971417606","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 Price Chart Setup Flashes Warning for US Stocks<blockquote>标普500价格图表设置对美国股市发出警告</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\">\nS&P 500 Price Chart Setup Flashes Warning for US Stocks<blockquote>标普500价格图表设置对美国股市发出警告</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">DailyFX</strong><span class=\"h-time small\">2021-08-03 15:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>US STOCKS, WALL STREET, S&amp;P 500 TECHNICAL ANALYSIS – TALKING POINTS:</b></p><p><blockquote><b>美股、华尔街、标普500技术分析-谈话要点：</b></blockquote></p><p> <ul>  <li>S&amp;P 500&nbsp;idling after touching another record high</li>  <li>Negative RSI divergence warns momentum ebbing</li>  <li>Pullback would put support below 4300 into focus</li> </ul> The broad-based <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> benchmark equity index has settled into a consolidative range centered around the 4400 figure after putting in yet another record high. Acutely negative RSI divergence suggests upside momentum is unraveling, which may lay the groundwork for a reversal downward.</p><p><blockquote><ul><li>标普500再创历史新高后空转</li><li>RSI负背离警告动能消退</li><li>回调将使4300点下方的支撑成为焦点</li></ul>基础广泛的<a href=\"https://laohu8.com/S/.SPX\">标普500</a>基准股指在再创历史新高后，已进入以4400点为中心的盘整区间。RSI背离严重为负表明上行动力正在瓦解，这可能为向下反转奠定基础。</blockquote></p><p> The 50% and 38.2% Fibonacci expansions at 4353.00 and 4322.50 approximate near-term support in the event that prices push through the range floor at 4376.50. Building the case for major topping and lasting follow-through probably demands a daily close below resistance-turned-support in the 4238-58 zone.</p><p><blockquote>如果价格突破区间底部4376.50，4353.00和4322.50的50%和38.2%斐波那契扩张接近近期支撑。为主要见顶和持久跟进奠定基础可能需要每日收盘价低于4238-58区域的阻力位（即支撑位）。</blockquote></p><p> On the topside, the 78.6% expansion at 4426.50 sits just a hair past record highs and effectively marks the outer layer of immediate resistance. Breaking that barrier on a daily closing basis might set the stage for an advance to probe near the 100% Fib at 4481.75.</p><p><blockquote>从表面上看，4426.50点的78.6%扩张仅略高于历史高点，有效地标志着直接阻力的外层。每日收盘突破该障碍可能会为突破4481.75附近的100%Fib奠定基础。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1025cf11b77267e3e45214883635bb9e\" tg-width=\"680\" tg-height=\"363\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">S&amp;P 500&nbsp;daily chart created with&nbsp;TradingView</p><p><blockquote>使用TradingView创建的标普500日线图</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.dailyfx.com/forex/technical/home/analysis/spx500/2021/08/03/SP-500-Price-Chart-Setup-Flashes-Warning-for-US-Stocks.html\">DailyFX</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"},"source_url":"https://www.dailyfx.com/forex/technical/home/analysis/spx500/2021/08/03/SP-500-Price-Chart-Setup-Flashes-Warning-for-US-Stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119202754","content_text":"US STOCKS, WALL STREET, S&P 500 TECHNICAL ANALYSIS – TALKING POINTS:\n\nS&P 500 idling after touching another record high\nNegative RSI divergence warns momentum ebbing\nPullback would put support below 4300 into focus\n\nThe broad-based S&P 500 benchmark equity index has settled into a consolidative range centered around the 4400 figure after putting in yet another record high. Acutely negative RSI divergence suggests upside momentum is unraveling, which may lay the groundwork for a reversal downward.\nThe 50% and 38.2% Fibonacci expansions at 4353.00 and 4322.50 approximate near-term support in the event that prices push through the range floor at 4376.50. Building the case for major topping and lasting follow-through probably demands a daily close below resistance-turned-support in the 4238-58 zone.\nOn the topside, the 78.6% expansion at 4426.50 sits just a hair past record highs and effectively marks the outer layer of immediate resistance. Breaking that barrier on a daily closing basis might set the stage for an advance to probe near the 100% Fib at 4481.75.\nS&P 500 daily chart created with TradingView","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805560743,"gmtCreate":1627892254682,"gmtModify":1633755542649,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Duh!","listText":"Duh!","text":"Duh!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805560743","repostId":"1101994060","repostType":4,"isVote":1,"tweetType":1,"viewCount":686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805560300,"gmtCreate":1627892219500,"gmtModify":1631883986190,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"Nice move up... Just be prepared for it to whipsaw as the eviction moratorium comes to an end in the US","listText":"Nice move up... Just be prepared for it to whipsaw as the eviction moratorium comes to an end in the US","text":"Nice move up... Just be prepared for it to whipsaw as the eviction moratorium comes to an end in the US","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805560300","repostId":"1140224025","repostType":4,"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802370949,"gmtCreate":1627725078181,"gmtModify":1633756788162,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587037754746901","idStr":"3587037754746901"},"themes":[],"htmlText":"The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.&nbsp;","listText":"The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.&nbsp;","text":"The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/802370949","repostId":"1127411624","repostType":4,"repost":{"id":"1127411624","kind":"news","pubTimestamp":1627715622,"share":"https://www.laohu8.com/m/news/1127411624?lang=zh_CN&edition=full","pubTime":"2021-07-31 15:13","market":"us","language":"en","title":"Here’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127411624","media":"MarketWatch","summary":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, t","content":"<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.</p><p><blockquote>经过几个月的冬眠，股市空头于7月19日走出了洞穴。当天，道琼斯工业平均指数DJIA下跌725点，跌幅2.1%，-0.42%。熊队打出了一个本垒打——至少一天。</blockquote></p><p> As usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.</p><p><blockquote>像往常一样，每个人都想知道市场下跌的原因，分析师们已经准备好了答案，从COVID-19的德尔塔变异毒株到消费者价格指数，再到超买的技术指标。</blockquote></p><p> The truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.</p><p><blockquote>事实是没人知道。人们出售有多种原因，因此将责任归咎于一个事件是荒谬的。也就是说，下降的一个重要原因是计算机生成的自动销售。一旦大型市场参与者，尤其是算法，开始抛售，就会出现疯狂的抛售。没有人想成为最后一个出局的人，因此散户和机构在恐慌中抛售，随着时间的推移，恐慌情绪变得更加强烈。</blockquote></p><p> Technical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.&nbsp; After the July 26 market close, the RSI of the S&amp;P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.</p><p><blockquote>技术指标也做出了贡献：每周相对强弱指标（RSI）在警告市场逆转方面非常准确。一旦RSI超过70并保持在那里，买家就要小心了。7月26日收盘后，标准普尔500SPX的RSI，-0.54%在周线图上站在71.36——这是一个极度超买的读数。这是不是意味着指数明天要暴跌了？没人知道。但RSI给出了美国市场处于危险区域的线索。</blockquote></p><p> <b>The bad news bears can’t catch a break</b></p><p><blockquote><b>坏消息空头无法休息</b></blockquote></p><p> Before the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.</p><p><blockquote>在空头说“我告诉过你”之前，第二天，即7月20日，道琼斯指数700多点的抛售被道琼斯指数550点的反弹抹去了。多头忘记了抛售，重新开始庆祝，一杯又一杯地喝着他们最喜欢的饮料“bull-ade”。风暴又一次过去了，但这一次有点恐惧爬进了公牛的心灵。之前，唯一的恐惧是害怕错过下一次反弹。现在，许多投资者意识到市场实际上可能会下跌。</blockquote></p><p> <b>What to do now</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:</p><p><blockquote>下次市场暴跌并且您正在经历各种情绪时，以下指南可能会有所帮助：</blockquote></p><p> <b>1. If you’re panicked</b>: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.</p><p><blockquote><b>1.如果你感到恐慌</b>：不做某事；坐在那里。不买，不卖，坐稳。事实上，关掉电脑或其他设备。不要担心那天你丢了多少纸币。锻炼，散步，跑步，游泳，骑自行车。你的目标是减少情绪，这样你就能睡个好觉。当市场稳定时，重新评估你所拥有的。在这样的日子里，不要做任何重大的财务决定。</blockquote></p><p> <b>2. If you’re afraid</b>: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.</p><p><blockquote><b>2.如果你害怕</b>：放轻松。抛售最终会结束。没有理由恐慌。同样，当市场恢复理智时，重新评估你所拥有的东西。</blockquote></p><p> <b>3. If you’re unaffected:</b>Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.</p><p><blockquote><b>3.如果您没有受到影响：</b>不过，请检查您的投资组合以确保您的投资组合适当多元化。虽然人们发现不要关心市场是否下跌，但要确保你为最坏的情况做好了对冲。总有一天会出现持续数月或数年的熊市。做好准备。</blockquote></p><p> <b>What specific actions should you take?</b></p><p><blockquote><b>你应该采取什么具体行动？</b></blockquote></p><p> Now that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:</p><p><blockquote>既然你已经照顾好了自己的情绪健康，你还可以做出其他的财务决定。让我们来看看一些可能有帮助的战略和战术：</blockquote></p><p> <ol>  <li>Sell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard &amp; Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.</li>  <li>Create a long-term investment plan and follow it no matter what happens in the short term.</li>  <li>Dollar-cost average into index funds.</li>  <li>Diversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.</li>  <li>Buy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.</li>  <li>Sell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.</li> </ol> <b>Plan for the next correction or bear market</b></p><p><blockquote><ol><li>如果您持有的股票或指数跌破200日移动平均线，则卖出。注：标准普尔500SPX,-0.54%等主要指数十年来没有跌破（并保持在低于）200日平均水平。当他们最终这样做时，这是一个明确的卖出信号。</li><li>制定一个长期投资计划，无论短期内发生什么都要遵循它。</li><li>指数基金的平均成本。</li><li>多样化。这是股市和人生成功的关键。如果您只持有股票，请考虑债券，但在采取这一步骤之前请与金融专业人士（而不是您的邻居）交谈。</li><li>逢低买入。这个策略仍然有效。如果你在7月19日逢低买入，你就会在7月20日清理干净。总有一天这种策略行不通了，但那一天还没有到来。</li><li>出售备兑看涨期权期权。这仍然是产生额外收入的绝佳方式。这种策略也非常适合处理不需要的股票并获得报酬。</li></ol><b>为下一次调整或熊市做好计划</b></blockquote></p><p> After a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.</p><p><blockquote>在经历了13年的牛市之后，美国股市的时间已经不多了。虽然多头这次又取得了胜利，但有一天市场不会逆转方向，将开始急剧调整，或者更糟的是，进入熊市。那时你会很高兴你有一个计划和一个在最糟糕的日子里可以遵循的投资脚本。</blockquote></p><p> Know what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.</p><p><blockquote>了解您拥有什么，将其出售到“睡眠良好”点，并多元化投资于包括现金和债券在内的各种金融产品。这样，当市场再次暴跌时，你就不会做出下意识的情绪化决定或遭受焦虑发作。</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>Here’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</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\">\nHere’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-31 15:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.</p><p><blockquote>经过几个月的冬眠，股市空头于7月19日走出了洞穴。当天，道琼斯工业平均指数DJIA下跌725点，跌幅2.1%，-0.42%。熊队打出了一个本垒打——至少一天。</blockquote></p><p> As usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.</p><p><blockquote>像往常一样，每个人都想知道市场下跌的原因，分析师们已经准备好了答案，从COVID-19的德尔塔变异毒株到消费者价格指数，再到超买的技术指标。</blockquote></p><p> The truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.</p><p><blockquote>事实是没人知道。人们出售有多种原因，因此将责任归咎于一个事件是荒谬的。也就是说，下降的一个重要原因是计算机生成的自动销售。一旦大型市场参与者，尤其是算法，开始抛售，就会出现疯狂的抛售。没有人想成为最后一个出局的人，因此散户和机构在恐慌中抛售，随着时间的推移，恐慌情绪变得更加强烈。</blockquote></p><p> Technical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.&nbsp; After the July 26 market close, the RSI of the S&amp;P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.</p><p><blockquote>技术指标也做出了贡献：每周相对强弱指标（RSI）在警告市场逆转方面非常准确。一旦RSI超过70并保持在那里，买家就要小心了。7月26日收盘后，标准普尔500SPX的RSI，-0.54%在周线图上站在71.36——这是一个极度超买的读数。这是不是意味着指数明天要暴跌了？没人知道。但RSI给出了美国市场处于危险区域的线索。</blockquote></p><p> <b>The bad news bears can’t catch a break</b></p><p><blockquote><b>坏消息空头无法休息</b></blockquote></p><p> Before the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.</p><p><blockquote>在空头说“我告诉过你”之前，第二天，即7月20日，道琼斯指数700多点的抛售被道琼斯指数550点的反弹抹去了。多头忘记了抛售，重新开始庆祝，一杯又一杯地喝着他们最喜欢的饮料“bull-ade”。风暴又一次过去了，但这一次有点恐惧爬进了公牛的心灵。之前，唯一的恐惧是害怕错过下一次反弹。现在，许多投资者意识到市场实际上可能会下跌。</blockquote></p><p> <b>What to do now</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:</p><p><blockquote>下次市场暴跌并且您正在经历各种情绪时，以下指南可能会有所帮助：</blockquote></p><p> <b>1. If you’re panicked</b>: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.</p><p><blockquote><b>1.如果你感到恐慌</b>：不做某事；坐在那里。不买，不卖，坐稳。事实上，关掉电脑或其他设备。不要担心那天你丢了多少纸币。锻炼，散步，跑步，游泳，骑自行车。你的目标是减少情绪，这样你就能睡个好觉。当市场稳定时，重新评估你所拥有的。在这样的日子里，不要做任何重大的财务决定。</blockquote></p><p> <b>2. If you’re afraid</b>: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.</p><p><blockquote><b>2.如果你害怕</b>：放轻松。抛售最终会结束。没有理由恐慌。同样，当市场恢复理智时，重新评估你所拥有的东西。</blockquote></p><p> <b>3. If you’re unaffected:</b>Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.</p><p><blockquote><b>3.如果您没有受到影响：</b>不过，请检查您的投资组合以确保您的投资组合适当多元化。虽然人们发现不要关心市场是否下跌，但要确保你为最坏的情况做好了对冲。总有一天会出现持续数月或数年的熊市。做好准备。</blockquote></p><p> <b>What specific actions should you take?</b></p><p><blockquote><b>你应该采取什么具体行动？</b></blockquote></p><p> Now that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:</p><p><blockquote>既然你已经照顾好了自己的情绪健康，你还可以做出其他的财务决定。让我们来看看一些可能有帮助的战略和战术：</blockquote></p><p> <ol>  <li>Sell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard &amp; Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.</li>  <li>Create a long-term investment plan and follow it no matter what happens in the short term.</li>  <li>Dollar-cost average into index funds.</li>  <li>Diversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.</li>  <li>Buy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.</li>  <li>Sell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.</li> </ol> <b>Plan for the next correction or bear market</b></p><p><blockquote><ol><li>如果您持有的股票或指数跌破200日移动平均线，则卖出。注：标准普尔500SPX,-0.54%等主要指数十年来没有跌破（并保持在低于）200日平均水平。当他们最终这样做时，这是一个明确的卖出信号。</li><li>制定一个长期投资计划，无论短期内发生什么都要遵循它。</li><li>指数基金的平均成本。</li><li>多样化。这是股市和人生成功的关键。如果您只持有股票，请考虑债券，但在采取这一步骤之前请与金融专业人士（而不是您的邻居）交谈。</li><li>逢低买入。这个策略仍然有效。如果你在7月19日逢低买入，你就会在7月20日清理干净。总有一天这种策略行不通了，但那一天还没有到来。</li><li>出售备兑看涨期权期权。这仍然是产生额外收入的绝佳方式。这种策略也非常适合处理不需要的股票并获得报酬。</li></ol><b>为下一次调整或熊市做好计划</b></blockquote></p><p> After a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.</p><p><blockquote>在经历了13年的牛市之后，美国股市的时间已经不多了。虽然多头这次又取得了胜利，但有一天市场不会逆转方向，将开始急剧调整，或者更糟的是，进入熊市。那时你会很高兴你有一个计划和一个在最糟糕的日子里可以遵循的投资脚本。</blockquote></p><p> Know what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.</p><p><blockquote>了解您拥有什么，将其出售到“睡眠良好”点，并多元化投资于包括现金和债券在内的各种金融产品。这样，当市场再次暴跌时，你就不会做出下意识的情绪化决定或遭受焦虑发作。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline\">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":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127411624","content_text":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.\nAs usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.\nThe truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.\nTechnical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.  After the July 26 market close, the RSI of the S&P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.\nThe bad news bears can’t catch a break\nBefore the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.\nWhat to do now\nThe next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:\n1. If you’re panicked: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.\n2. If you’re afraid: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.\n3. If you’re unaffected:Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.\nWhat specific actions should you take?\nNow that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:\n\nSell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard & Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.\nCreate a long-term investment plan and follow it no matter what happens in the short term.\nDollar-cost average into index funds.\nDiversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.\nBuy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.\nSell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.\n\nPlan for the next correction or bear market\nAfter a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.\nKnow what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":804707247,"gmtCreate":1627978242589,"gmtModify":1633754705671,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels","listText":"Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels","text":"Well, it looks like Apple is in a bit of a pickle... It may not have deserved it, but it needs to have a taste of its own medicine when it comes to patent infringement cases. They have not been angels","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/804707247","repostId":"1104668581","repostType":4,"repost":{"id":"1104668581","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1627977934,"share":"https://www.laohu8.com/m/news/1104668581?lang=zh_CN&edition=full","pubTime":"2021-08-03 16:05","market":"us","language":"en","title":"Apple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104668581","media":"Benzinga","summary":"Apple Inc. will have to face a patent infringement lawsuit over the heart rate sensor technology in ","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc.</b>&nbsp;will have to face a patent infringement lawsuit over the heart rate sensor technology in the <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Watch, AppleInsiderreportedMonday, citing a ruling by the U.S. Court of Appeals for the Federal Circuit.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>公司。</b>将不得不面临针对心率传感器技术的专利侵权诉讼<a href=\"https://laohu8.com/S/AAPL\">苹果</a>AppleInsider周一援引美国联邦巡回上诉法院的一项裁决报道。</blockquote></p><p> <b>What Happened</b>: The original lawsuit - filed by&nbsp;<b>Omni MedSci Inc.</b>&nbsp;in 2018 - had alleged that Apple Watch’s heart rate measurement technology infringed on multiple patents owned by the company, as per the report.</p><p><blockquote><b>发生了什么</b>：原诉讼-由<b>Omni MedSci公司。</b>据报道，2018年——指控苹果手表的心率测量技术侵犯了该公司拥有的多项专利。</blockquote></p><p> Apple’s move to get the lawsuit dismissed was denied by a U.S. District Court. The case was brought to the Federal Circuit after the<b>Tim Cook</b>-led company appealed the decision, the report noted.</p><p><blockquote>苹果要求驳回诉讼的举动被美国地方法院驳回。此案被提交到联邦巡回法院<b>蒂姆·库克</b>报告指出，-led公司对这一决定提出上诉。</blockquote></p><p> The patents were reportedly owned by University of Michigan professor&nbsp;<b>Mohammed Islam</b>, who later assigned the patent rights to Omni MedSci.</p><p><blockquote>据报道，这些专利归密歇根大学教授所有<b>穆罕默德·伊斯兰</b>，后者后来将专利权转让给Omni MedSci。</blockquote></p><p> However, Apple had argued that the patents actually belonged to the University of Michigan, citing Islam’s employment agreement with the university, as per the report. The federal circuit disagreed with the tech giant’s argument.</p><p><blockquote>然而，据报道，苹果辩称，这些专利实际上属于密歇根大学，并引用了伊斯兰与该大学的就业协议。联邦巡回法院不同意这家科技巨头的论点。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Apple is facing other lawsuits too related to the Apple Watch.It wasreportedin May that privately-held medical device maker<b>AliveCor Inc.</b>filed a federal antitrust lawsuit against the Cupertino-based company, accusing it of monopolizing the market for heart-rate technology for the Apple Watch.</p><p><blockquote><b>为什么重要：</b>苹果还面临着其他与苹果观察组织有关的诉讼。据五月份报道，这家私营医疗器械制造商<b>AliveCor公司。</b>对这家总部位于库比蒂诺的公司提起联邦反垄断诉讼，指控其垄断苹果手表心率技术市场。</blockquote></p><p> The Apple Watch is an important product for Apple and is part of the company’s wearables, home, and accessories segment that generated sales of $8.78 billion in the recent third quarter, up 36% year-over-year.</p><p><blockquote>苹果手表是苹果的重要产品，也是该公司可穿戴设备、家居和配件部门的一部分，该部门在最近第三季度的销售额为87.8亿美元，同比增长36%。</blockquote></p><p> <b>Price Action</b>: Apple shares closed 0.2% lower in Monday’s trading session at $145.52.</p><p><blockquote><b>价格行为</b>：苹果股价在周一交易时段收盘下跌0.2%，至145.52美元。</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>Apple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</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\">\nApple Will Have To Face Patent Infringement Lawsuit Over Apple Watch Heart Rate Sensor, Rules Court<blockquote>法院裁定，苹果将面临苹果手表心率传感器专利侵权诉讼</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-03 16:05</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc.</b>&nbsp;will have to face a patent infringement lawsuit over the heart rate sensor technology in the <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Watch, AppleInsiderreportedMonday, citing a ruling by the U.S. Court of Appeals for the Federal Circuit.</p><p><blockquote><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>公司。</b>将不得不面临针对心率传感器技术的专利侵权诉讼<a href=\"https://laohu8.com/S/AAPL\">苹果</a>AppleInsider周一援引美国联邦巡回上诉法院的一项裁决报道。</blockquote></p><p> <b>What Happened</b>: The original lawsuit - filed by&nbsp;<b>Omni MedSci Inc.</b>&nbsp;in 2018 - had alleged that Apple Watch’s heart rate measurement technology infringed on multiple patents owned by the company, as per the report.</p><p><blockquote><b>发生了什么</b>：原诉讼-由<b>Omni MedSci公司。</b>据报道，2018年——指控苹果手表的心率测量技术侵犯了该公司拥有的多项专利。</blockquote></p><p> Apple’s move to get the lawsuit dismissed was denied by a U.S. District Court. The case was brought to the Federal Circuit after the<b>Tim Cook</b>-led company appealed the decision, the report noted.</p><p><blockquote>苹果要求驳回诉讼的举动被美国地方法院驳回。此案被提交到联邦巡回法院<b>蒂姆·库克</b>报告指出，-led公司对这一决定提出上诉。</blockquote></p><p> The patents were reportedly owned by University of Michigan professor&nbsp;<b>Mohammed Islam</b>, who later assigned the patent rights to Omni MedSci.</p><p><blockquote>据报道，这些专利归密歇根大学教授所有<b>穆罕默德·伊斯兰</b>，后者后来将专利权转让给Omni MedSci。</blockquote></p><p> However, Apple had argued that the patents actually belonged to the University of Michigan, citing Islam’s employment agreement with the university, as per the report. The federal circuit disagreed with the tech giant’s argument.</p><p><blockquote>然而，据报道，苹果辩称，这些专利实际上属于密歇根大学，并引用了伊斯兰与该大学的就业协议。联邦巡回法院不同意这家科技巨头的论点。</blockquote></p><p> <b>Why It Matters:</b>&nbsp;Apple is facing other lawsuits too related to the Apple Watch.It wasreportedin May that privately-held medical device maker<b>AliveCor Inc.</b>filed a federal antitrust lawsuit against the Cupertino-based company, accusing it of monopolizing the market for heart-rate technology for the Apple Watch.</p><p><blockquote><b>为什么重要：</b>苹果还面临着其他与苹果观察组织有关的诉讼。据五月份报道，这家私营医疗器械制造商<b>AliveCor公司。</b>对这家总部位于库比蒂诺的公司提起联邦反垄断诉讼，指控其垄断苹果手表心率技术市场。</blockquote></p><p> The Apple Watch is an important product for Apple and is part of the company’s wearables, home, and accessories segment that generated sales of $8.78 billion in the recent third quarter, up 36% year-over-year.</p><p><blockquote>苹果手表是苹果的重要产品，也是该公司可穿戴设备、家居和配件部门的一部分，该部门在最近第三季度的销售额为87.8亿美元，同比增长36%。</blockquote></p><p> <b>Price Action</b>: Apple shares closed 0.2% lower in Monday’s trading session at $145.52.</p><p><blockquote><b>价格行为</b>：苹果股价在周一交易时段收盘下跌0.2%，至145.52美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104668581","content_text":"Apple Inc. will have to face a patent infringement lawsuit over the heart rate sensor technology in the Apple Watch, AppleInsiderreportedMonday, citing a ruling by the U.S. Court of Appeals for the Federal Circuit.\nWhat Happened: The original lawsuit - filed by Omni MedSci Inc. in 2018 - had alleged that Apple Watch’s heart rate measurement technology infringed on multiple patents owned by the company, as per the report.\nApple’s move to get the lawsuit dismissed was denied by a U.S. District Court. The case was brought to the Federal Circuit after theTim Cook-led company appealed the decision, the report noted.\nThe patents were reportedly owned by University of Michigan professor Mohammed Islam, who later assigned the patent rights to Omni MedSci.\nHowever, Apple had argued that the patents actually belonged to the University of Michigan, citing Islam’s employment agreement with the university, as per the report. The federal circuit disagreed with the tech giant’s argument.\nWhy It Matters: Apple is facing other lawsuits too related to the Apple Watch.It wasreportedin May that privately-held medical device makerAliveCor Inc.filed a federal antitrust lawsuit against the Cupertino-based company, accusing it of monopolizing the market for heart-rate technology for the Apple Watch.\nThe Apple Watch is an important product for Apple and is part of the company’s wearables, home, and accessories segment that generated sales of $8.78 billion in the recent third quarter, up 36% year-over-year.\nPrice Action: Apple shares closed 0.2% lower in Monday’s trading session at $145.52.","news_type":1,"symbols_score_info":{"AAPL":0.9,"09086":0.9,"03086":0.9}},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178792384,"gmtCreate":1626835755549,"gmtModify":1631885593494,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Looking at SIA Engineering with concern... Especially with the COVID-19 hitting the aviation industry hard. Will they be able to recover,?","listText":"Looking at SIA Engineering with concern... Especially with the COVID-19 hitting the aviation industry hard. Will they be able to recover,?","text":"Looking at SIA Engineering with concern... Especially with the COVID-19 hitting the aviation industry hard. Will they be able to recover,?","images":[{"img":"https://static.tigerbbs.com/173ab3c9e5df7ef613a5d1d1ee6373e0","width":"1080","height":"3489"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/178792384","isVote":1,"tweetType":1,"viewCount":3436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":894510899,"gmtCreate":1628837934311,"gmtModify":1631885284370,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.","listText":"Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.","text":"Not too keen on Goldman Sachs' recommendations as they have been known to trade against their own recommendations... Do be mindful of that, please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/894510899","repostId":"1101202302","repostType":4,"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802370949,"gmtCreate":1627725078181,"gmtModify":1633756788162,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.&nbsp;","listText":"The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.&nbsp;","text":"The article actually contained some good advice for investors. For me, most of my positions are short term - max 30 days - speculative trades.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/802370949","repostId":"1127411624","repostType":4,"repost":{"id":"1127411624","kind":"news","pubTimestamp":1627715622,"share":"https://www.laohu8.com/m/news/1127411624?lang=zh_CN&edition=full","pubTime":"2021-07-31 15:13","market":"us","language":"en","title":"Here’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127411624","media":"MarketWatch","summary":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, t","content":"<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.</p><p><blockquote>经过几个月的冬眠，股市空头于7月19日走出了洞穴。当天，道琼斯工业平均指数DJIA下跌725点，跌幅2.1%，-0.42%。熊队打出了一个本垒打——至少一天。</blockquote></p><p> As usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.</p><p><blockquote>像往常一样，每个人都想知道市场下跌的原因，分析师们已经准备好了答案，从COVID-19的德尔塔变异毒株到消费者价格指数，再到超买的技术指标。</blockquote></p><p> The truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.</p><p><blockquote>事实是没人知道。人们出售有多种原因，因此将责任归咎于一个事件是荒谬的。也就是说，下降的一个重要原因是计算机生成的自动销售。一旦大型市场参与者，尤其是算法，开始抛售，就会出现疯狂的抛售。没有人想成为最后一个出局的人，因此散户和机构在恐慌中抛售，随着时间的推移，恐慌情绪变得更加强烈。</blockquote></p><p> Technical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.&nbsp; After the July 26 market close, the RSI of the S&amp;P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.</p><p><blockquote>技术指标也做出了贡献：每周相对强弱指标（RSI）在警告市场逆转方面非常准确。一旦RSI超过70并保持在那里，买家就要小心了。7月26日收盘后，标准普尔500SPX的RSI，-0.54%在周线图上站在71.36——这是一个极度超买的读数。这是不是意味着指数明天要暴跌了？没人知道。但RSI给出了美国市场处于危险区域的线索。</blockquote></p><p> <b>The bad news bears can’t catch a break</b></p><p><blockquote><b>坏消息空头无法休息</b></blockquote></p><p> Before the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.</p><p><blockquote>在空头说“我告诉过你”之前，第二天，即7月20日，道琼斯指数700多点的抛售被道琼斯指数550点的反弹抹去了。多头忘记了抛售，重新开始庆祝，一杯又一杯地喝着他们最喜欢的饮料“bull-ade”。风暴又一次过去了，但这一次有点恐惧爬进了公牛的心灵。之前，唯一的恐惧是害怕错过下一次反弹。现在，许多投资者意识到市场实际上可能会下跌。</blockquote></p><p> <b>What to do now</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:</p><p><blockquote>下次市场暴跌并且您正在经历各种情绪时，以下指南可能会有所帮助：</blockquote></p><p> <b>1. If you’re panicked</b>: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.</p><p><blockquote><b>1.如果你感到恐慌</b>：不做某事；坐在那里。不买，不卖，坐稳。事实上，关掉电脑或其他设备。不要担心那天你丢了多少纸币。锻炼，散步，跑步，游泳，骑自行车。你的目标是减少情绪，这样你就能睡个好觉。当市场稳定时，重新评估你所拥有的。在这样的日子里，不要做任何重大的财务决定。</blockquote></p><p> <b>2. If you’re afraid</b>: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.</p><p><blockquote><b>2.如果你害怕</b>：放轻松。抛售最终会结束。没有理由恐慌。同样，当市场恢复理智时，重新评估你所拥有的东西。</blockquote></p><p> <b>3. If you’re unaffected:</b>Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.</p><p><blockquote><b>3.如果您没有受到影响：</b>不过，请检查您的投资组合以确保您的投资组合适当多元化。虽然人们发现不要关心市场是否下跌，但要确保你为最坏的情况做好了对冲。总有一天会出现持续数月或数年的熊市。做好准备。</blockquote></p><p> <b>What specific actions should you take?</b></p><p><blockquote><b>你应该采取什么具体行动？</b></blockquote></p><p> Now that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:</p><p><blockquote>既然你已经照顾好了自己的情绪健康，你还可以做出其他的财务决定。让我们来看看一些可能有帮助的战略和战术：</blockquote></p><p> <ol>  <li>Sell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard &amp; Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.</li>  <li>Create a long-term investment plan and follow it no matter what happens in the short term.</li>  <li>Dollar-cost average into index funds.</li>  <li>Diversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.</li>  <li>Buy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.</li>  <li>Sell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.</li> </ol> <b>Plan for the next correction or bear market</b></p><p><blockquote><ol><li>如果您持有的股票或指数跌破200日移动平均线，则卖出。注：标准普尔500SPX,-0.54%等主要指数十年来没有跌破（并保持在低于）200日平均水平。当他们最终这样做时，这是一个明确的卖出信号。</li><li>制定一个长期投资计划，无论短期内发生什么都要遵循它。</li><li>指数基金的平均成本。</li><li>多样化。这是股市和人生成功的关键。如果您只持有股票，请考虑债券，但在采取这一步骤之前请与金融专业人士（而不是您的邻居）交谈。</li><li>逢低买入。这个策略仍然有效。如果你在7月19日逢低买入，你就会在7月20日清理干净。总有一天这种策略行不通了，但那一天还没有到来。</li><li>出售备兑看涨期权期权。这仍然是产生额外收入的绝佳方式。这种策略也非常适合处理不需要的股票并获得报酬。</li></ol><b>为下一次调整或熊市做好计划</b></blockquote></p><p> After a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.</p><p><blockquote>在经历了13年的牛市之后，美国股市的时间已经不多了。虽然多头这次又取得了胜利，但有一天市场不会逆转方向，将开始急剧调整，或者更糟的是，进入熊市。那时你会很高兴你有一个计划和一个在最糟糕的日子里可以遵循的投资脚本。</blockquote></p><p> Know what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.</p><p><blockquote>了解您拥有什么，将其出售到“睡眠良好”点，并多元化投资于包括现金和债券在内的各种金融产品。这样，当市场再次暴跌时，你就不会做出下意识的情绪化决定或遭受焦虑发作。</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>Here’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</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\">\nHere’s your to-do list before the stock market’s next dive<blockquote>这是股市下一次暴跌之前您的待办事项清单</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-31 15:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.</p><p><blockquote>经过几个月的冬眠，股市空头于7月19日走出了洞穴。当天，道琼斯工业平均指数DJIA下跌725点，跌幅2.1%，-0.42%。熊队打出了一个本垒打——至少一天。</blockquote></p><p> As usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.</p><p><blockquote>像往常一样，每个人都想知道市场下跌的原因，分析师们已经准备好了答案，从COVID-19的德尔塔变异毒株到消费者价格指数，再到超买的技术指标。</blockquote></p><p> The truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.</p><p><blockquote>事实是没人知道。人们出售有多种原因，因此将责任归咎于一个事件是荒谬的。也就是说，下降的一个重要原因是计算机生成的自动销售。一旦大型市场参与者，尤其是算法，开始抛售，就会出现疯狂的抛售。没有人想成为最后一个出局的人，因此散户和机构在恐慌中抛售，随着时间的推移，恐慌情绪变得更加强烈。</blockquote></p><p> Technical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.&nbsp; After the July 26 market close, the RSI of the S&amp;P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.</p><p><blockquote>技术指标也做出了贡献：每周相对强弱指标（RSI）在警告市场逆转方面非常准确。一旦RSI超过70并保持在那里，买家就要小心了。7月26日收盘后，标准普尔500SPX的RSI，-0.54%在周线图上站在71.36——这是一个极度超买的读数。这是不是意味着指数明天要暴跌了？没人知道。但RSI给出了美国市场处于危险区域的线索。</blockquote></p><p> <b>The bad news bears can’t catch a break</b></p><p><blockquote><b>坏消息空头无法休息</b></blockquote></p><p> Before the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.</p><p><blockquote>在空头说“我告诉过你”之前，第二天，即7月20日，道琼斯指数700多点的抛售被道琼斯指数550点的反弹抹去了。多头忘记了抛售，重新开始庆祝，一杯又一杯地喝着他们最喜欢的饮料“bull-ade”。风暴又一次过去了，但这一次有点恐惧爬进了公牛的心灵。之前，唯一的恐惧是害怕错过下一次反弹。现在，许多投资者意识到市场实际上可能会下跌。</blockquote></p><p> <b>What to do now</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> The next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:</p><p><blockquote>下次市场暴跌并且您正在经历各种情绪时，以下指南可能会有所帮助：</blockquote></p><p> <b>1. If you’re panicked</b>: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.</p><p><blockquote><b>1.如果你感到恐慌</b>：不做某事；坐在那里。不买，不卖，坐稳。事实上，关掉电脑或其他设备。不要担心那天你丢了多少纸币。锻炼，散步，跑步，游泳，骑自行车。你的目标是减少情绪，这样你就能睡个好觉。当市场稳定时，重新评估你所拥有的。在这样的日子里，不要做任何重大的财务决定。</blockquote></p><p> <b>2. If you’re afraid</b>: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.</p><p><blockquote><b>2.如果你害怕</b>：放轻松。抛售最终会结束。没有理由恐慌。同样，当市场恢复理智时，重新评估你所拥有的东西。</blockquote></p><p> <b>3. If you’re unaffected:</b>Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.</p><p><blockquote><b>3.如果您没有受到影响：</b>不过，请检查您的投资组合以确保您的投资组合适当多元化。虽然人们发现不要关心市场是否下跌，但要确保你为最坏的情况做好了对冲。总有一天会出现持续数月或数年的熊市。做好准备。</blockquote></p><p> <b>What specific actions should you take?</b></p><p><blockquote><b>你应该采取什么具体行动？</b></blockquote></p><p> Now that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:</p><p><blockquote>既然你已经照顾好了自己的情绪健康，你还可以做出其他的财务决定。让我们来看看一些可能有帮助的战略和战术：</blockquote></p><p> <ol>  <li>Sell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard &amp; Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.</li>  <li>Create a long-term investment plan and follow it no matter what happens in the short term.</li>  <li>Dollar-cost average into index funds.</li>  <li>Diversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.</li>  <li>Buy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.</li>  <li>Sell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.</li> </ol> <b>Plan for the next correction or bear market</b></p><p><blockquote><ol><li>如果您持有的股票或指数跌破200日移动平均线，则卖出。注：标准普尔500SPX,-0.54%等主要指数十年来没有跌破（并保持在低于）200日平均水平。当他们最终这样做时，这是一个明确的卖出信号。</li><li>制定一个长期投资计划，无论短期内发生什么都要遵循它。</li><li>指数基金的平均成本。</li><li>多样化。这是股市和人生成功的关键。如果您只持有股票，请考虑债券，但在采取这一步骤之前请与金融专业人士（而不是您的邻居）交谈。</li><li>逢低买入。这个策略仍然有效。如果你在7月19日逢低买入，你就会在7月20日清理干净。总有一天这种策略行不通了，但那一天还没有到来。</li><li>出售备兑看涨期权期权。这仍然是产生额外收入的绝佳方式。这种策略也非常适合处理不需要的股票并获得报酬。</li></ol><b>为下一次调整或熊市做好计划</b></blockquote></p><p> After a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.</p><p><blockquote>在经历了13年的牛市之后，美国股市的时间已经不多了。虽然多头这次又取得了胜利，但有一天市场不会逆转方向，将开始急剧调整，或者更糟的是，进入熊市。那时你会很高兴你有一个计划和一个在最糟糕的日子里可以遵循的投资脚本。</blockquote></p><p> Know what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.</p><p><blockquote>了解您拥有什么，将其出售到“睡眠良好”点，并多元化投资于包括现金和债券在内的各种金融产品。这样，当市场再次暴跌时，你就不会做出下意识的情绪化决定或遭受焦虑发作。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline\">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":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127411624","content_text":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.\nAs usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.\nThe truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.\nTechnical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.  After the July 26 market close, the RSI of the S&P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.\nThe bad news bears can’t catch a break\nBefore the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.\nWhat to do now\nThe next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:\n1. If you’re panicked: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.\n2. If you’re afraid: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.\n3. If you’re unaffected:Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.\nWhat specific actions should you take?\nNow that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:\n\nSell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard & Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.\nCreate a long-term investment plan and follow it no matter what happens in the short term.\nDollar-cost average into index funds.\nDiversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.\nBuy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.\nSell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.\n\nPlan for the next correction or bear market\nAfter a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.\nKnow what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802345767,"gmtCreate":1627724903759,"gmtModify":1633756790182,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Economic Moats... That is what long term investors should look at.&nbsp;","listText":"Economic Moats... That is what long term investors should look at.&nbsp;","text":"Economic Moats... That is what long term investors should look at.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802345767","repostId":"1147779023","repostType":4,"repost":{"id":"1147779023","kind":"news","pubTimestamp":1627716124,"share":"https://www.laohu8.com/m/news/1147779023?lang=zh_CN&edition=full","pubTime":"2021-07-31 15:22","market":"us","language":"en","title":"You can beat stock market indexes — this fund manager has, and this is how she and her team did it<blockquote>你可以击败股市指数——这位基金经理做到了，她和她的团队就是这样做到的</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147779023","media":"MarketWatch","summary":"Five key lessons on outperformance from Prabha Ram at the American Century Focused Dynamic Growth Fu","content":"<p>  <b>Five key lessons on outperformance from Prabha Ram at the American Century Focused Dynamic Growth Fund.</b>  Investing is a tough game. That’s why so many mutual funds lag behind their indices.</p><p><blockquote><b>美国世纪聚焦动态增长基金的Prabha Ram关于优异表现的五个关键经验教训。</b>投资是一场艰苦的游戏。这就是为什么如此多的共同基金落后于其指数。</blockquote></p><p> So when you find a fund with a great record, it pays to investigate what the fund managers are doing — to learn some lessons.</p><p><blockquote>因此，当你找到一只记录良好的基金时，调查基金经理在做什么是值得的——吸取一些教训。</blockquote></p><p> The American Century Focused Dynamic Growth FundACFSXfits the bill. The $2.8 billion fund beats its Russell 1000 Growth&nbsp;Index by over 6 percentage points annualized over the past three and five years, according toMorningstar. It outperforms its large-growth category by 8.6 percentage points annualized over five years. It has a reasonable 0.65% expense ratio.</p><p><blockquote>专注于美国世纪的动态增长基金符合这一要求。据晨星公司称，这只价值28亿美元的基金在过去三年和五年的年化收益比罗素1000增长指数高出6个百分点以上。五年来，它的年化表现比高增长类别高出8.6个百分点。它有一个合理的0.65%的费用率。</blockquote></p><p> The fund is co-managed by Prabha Ram, who I recently caught up with. Raised in India, Ram came to the U.S. as a teaching assistant at the University of Maine, where she earned a master’s degree in computer science. She went on to receive an MBA at the Wharton School at the University of Pennsylvania. Ram and three other portfolio managers have led this fund since 2016.</p><p><blockquote>该基金由Prabha Ram共同管理，我最近采访了他。拉姆在印度长大，来到美国，在缅因大学担任助教，并在那里获得了计算机科学硕士学位。她后来在宾夕法尼亚大学沃顿商学院获得了MBA学位。Ram和其他三名投资组合经理自2016年以来一直领导该基金。</blockquote></p><p> Here are the five key takeaways, with examples of specific stocks.</p><p><blockquote>以下是五个关键要点，并附有具体股票的示例。</blockquote></p><p> <b>1. Own companies that can “land and expand” in big markets</b></p><p><blockquote><b>1.拥有能在大市场“落地扩张”的公司</b></blockquote></p><p> Even though we’ve been in the digital age for years, many small companies still do much of their business on paper. Bill.comBILLwants to change that. The company was founded by CEO René Lacerte, who in the late 1990s started the online payroll company PayCycle, which was acquired by Intuit.</p><p><blockquote>尽管我们已经进入数字时代多年，但许多小公司仍然在纸上做大部分业务。Bill.comBill想要改变这一点。该公司由首席执行官RenéLacerte创立，他在20世纪90年代末创办了在线薪资公司PayCycle，该公司被Intuit收购。</blockquote></p><p> Bill.com helps small companies go digital in accounts payable and receivable payments. But that’s just the start. Once inside a company, Bill.com digitizes other areas like cash and expense account management.</p><p><blockquote>Bill.com帮助小公司实现应付账款和应收账款的数字化。但这仅仅是个开始。一旦进入公司内部，Bill.com就会将现金和费用账户管理等其他领域数字化。</blockquote></p><p> Bill.com “lands and expands” at clients, but it also uses their business partners to create a network of leads.</p><p><blockquote>Bill.com“登陆并扩展”客户，但它也利用他们的商业伙伴来创建潜在客户网络。</blockquote></p><p> “Every vendor is a network member, even if it is not a Bill.com customer,” says Ram. This network has about 2.5 million members. Bill.com also gets prospects from its partners, including Bank of AmericaBAC,JPMorgan ChaseJPMand American ExpressAXP.Sales grew 45% in the first quarter.</p><p><blockquote>“每个供应商都是网络成员，即使它不是Bill.com客户，”Ram说。这个网络大约有250万成员。Bill.com还从其合作伙伴那里获得了潜在客户，包括美国银行BAC、摩根大通JP和美国运通XP。第一季度销售额增长45%。</blockquote></p><p> Founder-run companies such as this one are worth considering because they often outperform.</p><p><blockquote>像这样的创始人经营的公司值得考虑，因为它们往往表现出色。</blockquote></p><p> <b>2. Seek out innovators</b></p><p><blockquote><b>2.寻找创新者</b></blockquote></p><p> Ram’s portfolio contains obvious innovators, including TeslaTSLA,Amazon.comAMZNand AlphabetGOOGL,her top three positions. Let’s look beyond technology — to beer.</p><p><blockquote>拉姆的投资组合中包含明显的创新者，包括特斯拉TSLA、亚马逊AMZN和AlphabetGOOGL，这是她的前三名。让我们超越技术，看看啤酒。</blockquote></p><p> Back in the 1980s, Boston Beer founder Jim Koch began taking share from beer giants Anheuser-Busch InBevBUDand HeinekenHEINYby rolling out successful “craft” brews, starting with Samuel Adams. Koch helped invent the craft brew category, essentially taking the country back to pre-Prohibition days when the U.S. had hundreds of regional breweries making more flavorful beers for local tastes.</p><p><blockquote>早在20世纪80年代，波士顿啤酒创始人吉姆·科赫(Jim Koch)从塞缪尔·亚当斯(Samuel Adams)开始推出成功的“精酿”啤酒，开始从啤酒巨头安海斯-布希(Anheuser-Busch InbevBUD)和喜力海尼(Heinekenheiny)手中夺取份额。科赫帮助发明了精酿啤酒类别，基本上将美国带回了禁酒令前的时代，当时美国有数百家地区啤酒厂为当地口味生产更美味的啤酒。</blockquote></p><p> Boston Beer stock did very well, but then it stalled during 2015-2017 as beer sales overall went flat. In response, Boston Beer helped put a new category on the map — with its Truly Hard Seltzer brand rolled out in 2106. It remains one of the leading hard seltzers.</p><p><blockquote>波士顿啤酒股票表现非常好，但随后在2015年至2017年期间因啤酒销量整体持平而陷入停滞。作为回应，波士顿啤酒帮助推出了一个新的类别——其真正的硬苏打水品牌于2106年推出。它仍然是领先的硬苏打水之一。</blockquote></p><p> “We were drawn to the company because of its history of innovation,” says Ram, referring to her fund’s early position from the second quarter of 2016. “The stock was doing poorly because the beer market was flattening, but they were coming up with Truly Hard Seltzer. Truly was more successful than we anticipated. It created a new category.”</p><p><blockquote>“我们被这家公司吸引是因为它的创新历史，”拉姆说，她指的是她的基金从2016年第二季度开始的早期头寸。“由于啤酒市场趋于平缓，该股表现不佳，但他们推出了真正的硬苏打水。真正的苏打水比我们预期的更成功。它创造了一个新的类别。”</blockquote></p><p> This penchant for innovation at Boston Beer has helped keep Ram’s fund in the name. Other successful Boston Beer brands include Twisted Tea, Angry Orchard and Dogfish Head.</p><p><blockquote>波士顿啤酒对创新的热情帮助拉姆的基金得以保留。其他成功的波士顿啤酒品牌包括扭曲茶、愤怒果园和狗鱼头。</blockquote></p><p> A key takeaway here is that to find innovative companies, look for the ones led by people who have demonstrated a knack for innovation in the past. Innovative managers tend to keep on innovating. Boston Beer continually tests new seltzers, beers, hard ciders, distilled spirits and other drinks. Shareholders are betting they will come through again.</p><p><blockquote>这里的一个关键要点是，要寻找创新公司，要寻找那些由过去表现出创新能力的人领导的公司。创新型管理者倾向于不断创新。波士顿啤酒不断测试新的苏打水、啤酒、烈性苹果酒、蒸馏酒和其他饮料。股东们押注他们会再次成功。</blockquote></p><p> They’ll need the help. Boston Beer shares fell 20% on July 23 because so many competitors entered the hard cider niche. Sales grew 33% but net income fell 1.6% as the company jacked up advertising costs to try to combat the competition. The company slashed estimates for the year on an expected slowdown in sales growth.</p><p><blockquote>他们需要帮助。由于众多竞争对手进入烈性苹果酒领域，波士顿啤酒股价7月23日下跌20%。由于该公司提高了广告成本以对抗竞争，销售额增长了33%，但净利润下降了1.6%。由于预计销售增长放缓，该公司大幅下调了今年的预期。</blockquote></p><p> But don’t count out this innovator yet.</p><p><blockquote>但还不要排除这位创新者。</blockquote></p><p> “We recently announced plans to develop new innovative beverages with&nbsp;Beam Suntory&nbsp;that we are planning to launch in early 2022,” Boston Beer’s Koch said. Beam Suntory&nbsp;sells Jim Beam whiskey and other brands of spirits. “We believe these new beverages will further demonstrate our ability to innovate and grow our business as drinker preferences evolve.”</p><p><blockquote>波士顿啤酒的科赫表示：“我们最近宣布计划与Beam Suntory合作开发新的创新饮料，计划于2022年初推出。”Beam Suntory销售Jim Beam威士忌和其他品牌的烈酒。“我们相信，随着饮酒者偏好的变化，这些新饮料将进一步展示我们创新和发展业务的能力。”</blockquote></p><p> <b>3. Look for companies that can create and dominate a niche</b></p><p><blockquote><b>3.寻找能够创造并主导利基市场的公司</b></blockquote></p><p></p><p> For years as the gig economy emerged, the big credit card companies didn’t really care that much if the local yoga instructor could accept payments with a credit card. SquareSQrecognized this as an opportunity. So it launched its card payment device business in 2009. Since then, it has grown by taking on larger customers, and expanding into new lines of business in financial services such as cash management, debit cards loans and tax filing. Transaction-based revenue grew 27% in the first quarter, and subscription and services revenue soared 88%.</p><p><blockquote>多年来，随着零工经济的出现，大型信用卡公司并不真正关心当地的瑜伽教练是否可以接受信用卡付款。SquareSQ认为这是一个机会。于是在2009年推出了卡支付设备业务。从那时起，它通过接纳更大的客户并扩展到现金管理、借记卡贷款和报税等金融服务的新业务领域而实现了增长。第一季度基于交易的收入增长了27%，订阅和服务收入飙升了88%。</blockquote></p><p> This is a great example of a company that created a business niche. But it’s also a “land and expand” company because it grows by offering customers new services. Both qualities help companies maintain the competitive advantage Ram likes see in investments.</p><p><blockquote>这是一家公司创造商业利基的一个很好的例子。但它也是一家“土地和扩张”的公司，因为它通过向客户提供新服务来发展。这两种品质都有助于公司保持拉姆喜欢在投资中看到的竞争优势。</blockquote></p><p> <b>4. Buy companies in the early stages of rapid growth</b></p><p><blockquote><b>4.买入快速成长初期的公司</b></blockquote></p><p> One way to find these is to identify companies developing products that will transform an entire industry. Ram thinks that is the case with Alnylam PharmaceuticalsALNY.It’s developing novel therapies base on a technique called RNA interference (RNAi). Inside the body, messenger RNA (mRNA) encodes proteins we need, based on signals from RNA. Sometimes mRNA gets the signals crossed, and it encodes flawed proteins. This causes diseases.</p><p><blockquote>找到这些的一种方法是识别开发将改变整个行业的产品的公司。Ram认为Alnylam PharmaceuticalsALNY的情况就是如此。它正在开发基于RNA干扰（RNAi）技术的新疗法。在体内，信使RNA（mRNA）根据来自RNA的信号编码我们需要的蛋白质。有时mRNA会交叉信号，编码有缺陷的蛋白质。这会导致疾病。</blockquote></p><p> Alnylam has developed a way to tweak the RNAi pathway to silence the flawed signaling and block the creation of disease-causing proteins. So far, Alnylam has four approved RNAi-based medicines that treat rare hereditary diseases. The company has a dozen other therapies in clinical studies, including six in late-stage development.</p><p><blockquote>Alnylam开发了一种调整RNAi途径的方法，以沉默有缺陷的信号并阻止致病蛋白质的产生。到目前为止，Alnylam已经有四种获得批准的基于RNAi的药物，用于治疗罕见的遗传性疾病。该公司还有十几种其他疗法处于临床研究中，其中六种处于后期开发阶段。</blockquote></p><p> “This is a completely new area of therapeutics,” says Ram. “It is a platform of products that can treat a variety of conditions.”</p><p><blockquote>“这是一个全新的治疗领域，”拉姆说。“它是一个可以治疗多种疾病的产品平台。”</blockquote></p><p> <b>5. Hold stocks for the long term</b></p><p><blockquote><b>5.长期持有股票</b></blockquote></p><p> All of the names above are large positions in Ram’s fund, which tells me that Ram and her team think they have considerably more upside. If you buy any of them, though, remember you have to do so with a multi-year time horizon. That’s what Ram’s fund does. It has a low annual portfolio turnover of 27%. It’s important to have a long-term view, because it is so tough to call short-term moves in the stock market or in stocks, and you need to give companies time to develop.</p><p><blockquote>上述所有名字都是拉姆基金中的大量头寸，这告诉我拉姆和她的团队认为他们有更大的上涨空间。不过，如果您购买其中任何一款，请记住您必须在多年的时间范围内购买。拉姆的基金就是这么做的。它的年投资组合周转率较低，为27%。有长远的眼光很重要，因为看涨期权股市或股票的短期走势非常困难，你需要给公司发展的时间。</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>You can beat stock market indexes — this fund manager has, and this is how she and her team did it<blockquote>你可以击败股市指数——这位基金经理做到了，她和她的团队就是这样做到的</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\">\nYou can beat stock market indexes — this fund manager has, and this is how she and her team did it<blockquote>你可以击败股市指数——这位基金经理做到了，她和她的团队就是这样做到的</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-31 15:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Five key lessons on outperformance from Prabha Ram at the American Century Focused Dynamic Growth Fund.</b>  Investing is a tough game. That’s why so many mutual funds lag behind their indices.</p><p><blockquote><b>美国世纪聚焦动态增长基金的Prabha Ram关于优异表现的五个关键经验教训。</b>投资是一场艰苦的游戏。这就是为什么如此多的共同基金落后于其指数。</blockquote></p><p> So when you find a fund with a great record, it pays to investigate what the fund managers are doing — to learn some lessons.</p><p><blockquote>因此，当你找到一只记录良好的基金时，调查基金经理在做什么是值得的——吸取一些教训。</blockquote></p><p> The American Century Focused Dynamic Growth FundACFSXfits the bill. The $2.8 billion fund beats its Russell 1000 Growth&nbsp;Index by over 6 percentage points annualized over the past three and five years, according toMorningstar. It outperforms its large-growth category by 8.6 percentage points annualized over five years. It has a reasonable 0.65% expense ratio.</p><p><blockquote>专注于美国世纪的动态增长基金符合这一要求。据晨星公司称，这只价值28亿美元的基金在过去三年和五年的年化收益比罗素1000增长指数高出6个百分点以上。五年来，它的年化表现比高增长类别高出8.6个百分点。它有一个合理的0.65%的费用率。</blockquote></p><p> The fund is co-managed by Prabha Ram, who I recently caught up with. Raised in India, Ram came to the U.S. as a teaching assistant at the University of Maine, where she earned a master’s degree in computer science. She went on to receive an MBA at the Wharton School at the University of Pennsylvania. Ram and three other portfolio managers have led this fund since 2016.</p><p><blockquote>该基金由Prabha Ram共同管理，我最近采访了他。拉姆在印度长大，来到美国，在缅因大学担任助教，并在那里获得了计算机科学硕士学位。她后来在宾夕法尼亚大学沃顿商学院获得了MBA学位。Ram和其他三名投资组合经理自2016年以来一直领导该基金。</blockquote></p><p> Here are the five key takeaways, with examples of specific stocks.</p><p><blockquote>以下是五个关键要点，并附有具体股票的示例。</blockquote></p><p> <b>1. Own companies that can “land and expand” in big markets</b></p><p><blockquote><b>1.拥有能在大市场“落地扩张”的公司</b></blockquote></p><p> Even though we’ve been in the digital age for years, many small companies still do much of their business on paper. Bill.comBILLwants to change that. The company was founded by CEO René Lacerte, who in the late 1990s started the online payroll company PayCycle, which was acquired by Intuit.</p><p><blockquote>尽管我们已经进入数字时代多年，但许多小公司仍然在纸上做大部分业务。Bill.comBill想要改变这一点。该公司由首席执行官RenéLacerte创立，他在20世纪90年代末创办了在线薪资公司PayCycle，该公司被Intuit收购。</blockquote></p><p> Bill.com helps small companies go digital in accounts payable and receivable payments. But that’s just the start. Once inside a company, Bill.com digitizes other areas like cash and expense account management.</p><p><blockquote>Bill.com帮助小公司实现应付账款和应收账款的数字化。但这仅仅是个开始。一旦进入公司内部，Bill.com就会将现金和费用账户管理等其他领域数字化。</blockquote></p><p> Bill.com “lands and expands” at clients, but it also uses their business partners to create a network of leads.</p><p><blockquote>Bill.com“登陆并扩展”客户，但它也利用他们的商业伙伴来创建潜在客户网络。</blockquote></p><p> “Every vendor is a network member, even if it is not a Bill.com customer,” says Ram. This network has about 2.5 million members. Bill.com also gets prospects from its partners, including Bank of AmericaBAC,JPMorgan ChaseJPMand American ExpressAXP.Sales grew 45% in the first quarter.</p><p><blockquote>“每个供应商都是网络成员，即使它不是Bill.com客户，”Ram说。这个网络大约有250万成员。Bill.com还从其合作伙伴那里获得了潜在客户，包括美国银行BAC、摩根大通JP和美国运通XP。第一季度销售额增长45%。</blockquote></p><p> Founder-run companies such as this one are worth considering because they often outperform.</p><p><blockquote>像这样的创始人经营的公司值得考虑，因为它们往往表现出色。</blockquote></p><p> <b>2. Seek out innovators</b></p><p><blockquote><b>2.寻找创新者</b></blockquote></p><p> Ram’s portfolio contains obvious innovators, including TeslaTSLA,Amazon.comAMZNand AlphabetGOOGL,her top three positions. Let’s look beyond technology — to beer.</p><p><blockquote>拉姆的投资组合中包含明显的创新者，包括特斯拉TSLA、亚马逊AMZN和AlphabetGOOGL，这是她的前三名。让我们超越技术，看看啤酒。</blockquote></p><p> Back in the 1980s, Boston Beer founder Jim Koch began taking share from beer giants Anheuser-Busch InBevBUDand HeinekenHEINYby rolling out successful “craft” brews, starting with Samuel Adams. Koch helped invent the craft brew category, essentially taking the country back to pre-Prohibition days when the U.S. had hundreds of regional breweries making more flavorful beers for local tastes.</p><p><blockquote>早在20世纪80年代，波士顿啤酒创始人吉姆·科赫(Jim Koch)从塞缪尔·亚当斯(Samuel Adams)开始推出成功的“精酿”啤酒，开始从啤酒巨头安海斯-布希(Anheuser-Busch InbevBUD)和喜力海尼(Heinekenheiny)手中夺取份额。科赫帮助发明了精酿啤酒类别，基本上将美国带回了禁酒令前的时代，当时美国有数百家地区啤酒厂为当地口味生产更美味的啤酒。</blockquote></p><p> Boston Beer stock did very well, but then it stalled during 2015-2017 as beer sales overall went flat. In response, Boston Beer helped put a new category on the map — with its Truly Hard Seltzer brand rolled out in 2106. It remains one of the leading hard seltzers.</p><p><blockquote>波士顿啤酒股票表现非常好，但随后在2015年至2017年期间因啤酒销量整体持平而陷入停滞。作为回应，波士顿啤酒帮助推出了一个新的类别——其真正的硬苏打水品牌于2106年推出。它仍然是领先的硬苏打水之一。</blockquote></p><p> “We were drawn to the company because of its history of innovation,” says Ram, referring to her fund’s early position from the second quarter of 2016. “The stock was doing poorly because the beer market was flattening, but they were coming up with Truly Hard Seltzer. Truly was more successful than we anticipated. It created a new category.”</p><p><blockquote>“我们被这家公司吸引是因为它的创新历史，”拉姆说，她指的是她的基金从2016年第二季度开始的早期头寸。“由于啤酒市场趋于平缓，该股表现不佳，但他们推出了真正的硬苏打水。真正的苏打水比我们预期的更成功。它创造了一个新的类别。”</blockquote></p><p> This penchant for innovation at Boston Beer has helped keep Ram’s fund in the name. Other successful Boston Beer brands include Twisted Tea, Angry Orchard and Dogfish Head.</p><p><blockquote>波士顿啤酒对创新的热情帮助拉姆的基金得以保留。其他成功的波士顿啤酒品牌包括扭曲茶、愤怒果园和狗鱼头。</blockquote></p><p> A key takeaway here is that to find innovative companies, look for the ones led by people who have demonstrated a knack for innovation in the past. Innovative managers tend to keep on innovating. Boston Beer continually tests new seltzers, beers, hard ciders, distilled spirits and other drinks. Shareholders are betting they will come through again.</p><p><blockquote>这里的一个关键要点是，要寻找创新公司，要寻找那些由过去表现出创新能力的人领导的公司。创新型管理者倾向于不断创新。波士顿啤酒不断测试新的苏打水、啤酒、烈性苹果酒、蒸馏酒和其他饮料。股东们押注他们会再次成功。</blockquote></p><p> They’ll need the help. Boston Beer shares fell 20% on July 23 because so many competitors entered the hard cider niche. Sales grew 33% but net income fell 1.6% as the company jacked up advertising costs to try to combat the competition. The company slashed estimates for the year on an expected slowdown in sales growth.</p><p><blockquote>他们需要帮助。由于众多竞争对手进入烈性苹果酒领域，波士顿啤酒股价7月23日下跌20%。由于该公司提高了广告成本以对抗竞争，销售额增长了33%，但净利润下降了1.6%。由于预计销售增长放缓，该公司大幅下调了今年的预期。</blockquote></p><p> But don’t count out this innovator yet.</p><p><blockquote>但还不要排除这位创新者。</blockquote></p><p> “We recently announced plans to develop new innovative beverages with&nbsp;Beam Suntory&nbsp;that we are planning to launch in early 2022,” Boston Beer’s Koch said. Beam Suntory&nbsp;sells Jim Beam whiskey and other brands of spirits. “We believe these new beverages will further demonstrate our ability to innovate and grow our business as drinker preferences evolve.”</p><p><blockquote>波士顿啤酒的科赫表示：“我们最近宣布计划与Beam Suntory合作开发新的创新饮料，计划于2022年初推出。”Beam Suntory销售Jim Beam威士忌和其他品牌的烈酒。“我们相信，随着饮酒者偏好的变化，这些新饮料将进一步展示我们创新和发展业务的能力。”</blockquote></p><p> <b>3. Look for companies that can create and dominate a niche</b></p><p><blockquote><b>3.寻找能够创造并主导利基市场的公司</b></blockquote></p><p></p><p> For years as the gig economy emerged, the big credit card companies didn’t really care that much if the local yoga instructor could accept payments with a credit card. SquareSQrecognized this as an opportunity. So it launched its card payment device business in 2009. Since then, it has grown by taking on larger customers, and expanding into new lines of business in financial services such as cash management, debit cards loans and tax filing. Transaction-based revenue grew 27% in the first quarter, and subscription and services revenue soared 88%.</p><p><blockquote>多年来，随着零工经济的出现，大型信用卡公司并不真正关心当地的瑜伽教练是否可以接受信用卡付款。SquareSQ认为这是一个机会。于是在2009年推出了卡支付设备业务。从那时起，它通过接纳更大的客户并扩展到现金管理、借记卡贷款和报税等金融服务的新业务领域而实现了增长。第一季度基于交易的收入增长了27%，订阅和服务收入飙升了88%。</blockquote></p><p> This is a great example of a company that created a business niche. But it’s also a “land and expand” company because it grows by offering customers new services. Both qualities help companies maintain the competitive advantage Ram likes see in investments.</p><p><blockquote>这是一家公司创造商业利基的一个很好的例子。但它也是一家“土地和扩张”的公司，因为它通过向客户提供新服务来发展。这两种品质都有助于公司保持拉姆喜欢在投资中看到的竞争优势。</blockquote></p><p> <b>4. Buy companies in the early stages of rapid growth</b></p><p><blockquote><b>4.买入快速成长初期的公司</b></blockquote></p><p> One way to find these is to identify companies developing products that will transform an entire industry. Ram thinks that is the case with Alnylam PharmaceuticalsALNY.It’s developing novel therapies base on a technique called RNA interference (RNAi). Inside the body, messenger RNA (mRNA) encodes proteins we need, based on signals from RNA. Sometimes mRNA gets the signals crossed, and it encodes flawed proteins. This causes diseases.</p><p><blockquote>找到这些的一种方法是识别开发将改变整个行业的产品的公司。Ram认为Alnylam PharmaceuticalsALNY的情况就是如此。它正在开发基于RNA干扰（RNAi）技术的新疗法。在体内，信使RNA（mRNA）根据来自RNA的信号编码我们需要的蛋白质。有时mRNA会交叉信号，编码有缺陷的蛋白质。这会导致疾病。</blockquote></p><p> Alnylam has developed a way to tweak the RNAi pathway to silence the flawed signaling and block the creation of disease-causing proteins. So far, Alnylam has four approved RNAi-based medicines that treat rare hereditary diseases. The company has a dozen other therapies in clinical studies, including six in late-stage development.</p><p><blockquote>Alnylam开发了一种调整RNAi途径的方法，以沉默有缺陷的信号并阻止致病蛋白质的产生。到目前为止，Alnylam已经有四种获得批准的基于RNAi的药物，用于治疗罕见的遗传性疾病。该公司还有十几种其他疗法处于临床研究中，其中六种处于后期开发阶段。</blockquote></p><p> “This is a completely new area of therapeutics,” says Ram. “It is a platform of products that can treat a variety of conditions.”</p><p><blockquote>“这是一个全新的治疗领域，”拉姆说。“它是一个可以治疗多种疾病的产品平台。”</blockquote></p><p> <b>5. Hold stocks for the long term</b></p><p><blockquote><b>5.长期持有股票</b></blockquote></p><p> All of the names above are large positions in Ram’s fund, which tells me that Ram and her team think they have considerably more upside. If you buy any of them, though, remember you have to do so with a multi-year time horizon. That’s what Ram’s fund does. It has a low annual portfolio turnover of 27%. It’s important to have a long-term view, because it is so tough to call short-term moves in the stock market or in stocks, and you need to give companies time to develop.</p><p><blockquote>上述所有名字都是拉姆基金中的大量头寸，这告诉我拉姆和她的团队认为他们有更大的上涨空间。不过，如果您购买其中任何一款，请记住您必须在多年的时间范围内购买。拉姆的基金就是这么做的。它的年投资组合周转率较低，为27%。有长远的眼光很重要，因为看涨期权股市或股票的短期走势非常困难，你需要给公司发展的时间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/you-can-beat-stock-market-indexes-this-fund-manager-has-and-this-is-how-she-and-her-team-did-it-11627481445?mod=article_inline\">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","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/you-can-beat-stock-market-indexes-this-fund-manager-has-and-this-is-how-she-and-her-team-did-it-11627481445?mod=article_inline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147779023","content_text":"Five key lessons on outperformance from Prabha Ram at the American Century Focused Dynamic Growth Fund.\n\nInvesting is a tough game. That’s why so many mutual funds lag behind their indices.\nSo when you find a fund with a great record, it pays to investigate what the fund managers are doing — to learn some lessons.\nThe American Century Focused Dynamic Growth FundACFSXfits the bill. The $2.8 billion fund beats its Russell 1000 Growth Index by over 6 percentage points annualized over the past three and five years, according toMorningstar. It outperforms its large-growth category by 8.6 percentage points annualized over five years. It has a reasonable 0.65% expense ratio.\nThe fund is co-managed by Prabha Ram, who I recently caught up with. Raised in India, Ram came to the U.S. as a teaching assistant at the University of Maine, where she earned a master’s degree in computer science. She went on to receive an MBA at the Wharton School at the University of Pennsylvania. Ram and three other portfolio managers have led this fund since 2016.\nHere are the five key takeaways, with examples of specific stocks.\n1. Own companies that can “land and expand” in big markets\nEven though we’ve been in the digital age for years, many small companies still do much of their business on paper. Bill.comBILLwants to change that. The company was founded by CEO René Lacerte, who in the late 1990s started the online payroll company PayCycle, which was acquired by Intuit.\nBill.com helps small companies go digital in accounts payable and receivable payments. But that’s just the start. Once inside a company, Bill.com digitizes other areas like cash and expense account management.\nBill.com “lands and expands” at clients, but it also uses their business partners to create a network of leads.\n“Every vendor is a network member, even if it is not a Bill.com customer,” says Ram. This network has about 2.5 million members. Bill.com also gets prospects from its partners, including Bank of AmericaBAC,JPMorgan ChaseJPMand American ExpressAXP.Sales grew 45% in the first quarter.\nFounder-run companies such as this one are worth considering because they often outperform.\n2. Seek out innovators\nRam’s portfolio contains obvious innovators, including TeslaTSLA,Amazon.comAMZNand AlphabetGOOGL,her top three positions. Let’s look beyond technology — to beer.\nBack in the 1980s, Boston Beer founder Jim Koch began taking share from beer giants Anheuser-Busch InBevBUDand HeinekenHEINYby rolling out successful “craft” brews, starting with Samuel Adams. Koch helped invent the craft brew category, essentially taking the country back to pre-Prohibition days when the U.S. had hundreds of regional breweries making more flavorful beers for local tastes.\nBoston Beer stock did very well, but then it stalled during 2015-2017 as beer sales overall went flat. In response, Boston Beer helped put a new category on the map — with its Truly Hard Seltzer brand rolled out in 2106. It remains one of the leading hard seltzers.\n“We were drawn to the company because of its history of innovation,” says Ram, referring to her fund’s early position from the second quarter of 2016. “The stock was doing poorly because the beer market was flattening, but they were coming up with Truly Hard Seltzer. Truly was more successful than we anticipated. It created a new category.”\nThis penchant for innovation at Boston Beer has helped keep Ram’s fund in the name. Other successful Boston Beer brands include Twisted Tea, Angry Orchard and Dogfish Head.\nA key takeaway here is that to find innovative companies, look for the ones led by people who have demonstrated a knack for innovation in the past. Innovative managers tend to keep on innovating. Boston Beer continually tests new seltzers, beers, hard ciders, distilled spirits and other drinks. Shareholders are betting they will come through again.\nThey’ll need the help. Boston Beer shares fell 20% on July 23 because so many competitors entered the hard cider niche. Sales grew 33% but net income fell 1.6% as the company jacked up advertising costs to try to combat the competition. The company slashed estimates for the year on an expected slowdown in sales growth.\nBut don’t count out this innovator yet.\n“We recently announced plans to develop new innovative beverages with Beam Suntory that we are planning to launch in early 2022,” Boston Beer’s Koch said. Beam Suntory sells Jim Beam whiskey and other brands of spirits. “We believe these new beverages will further demonstrate our ability to innovate and grow our business as drinker preferences evolve.”\n3. Look for companies that can create and dominate a niche\nFor years as the gig economy emerged, the big credit card companies didn’t really care that much if the local yoga instructor could accept payments with a credit card. SquareSQrecognized this as an opportunity. So it launched its card payment device business in 2009. Since then, it has grown by taking on larger customers, and expanding into new lines of business in financial services such as cash management, debit cards loans and tax filing. Transaction-based revenue grew 27% in the first quarter, and subscription and services revenue soared 88%.\nThis is a great example of a company that created a business niche. But it’s also a “land and expand” company because it grows by offering customers new services. Both qualities help companies maintain the competitive advantage Ram likes see in investments.\n4. Buy companies in the early stages of rapid growth\nOne way to find these is to identify companies developing products that will transform an entire industry. Ram thinks that is the case with Alnylam PharmaceuticalsALNY.It’s developing novel therapies base on a technique called RNA interference (RNAi). Inside the body, messenger RNA (mRNA) encodes proteins we need, based on signals from RNA. Sometimes mRNA gets the signals crossed, and it encodes flawed proteins. This causes diseases.\nAlnylam has developed a way to tweak the RNAi pathway to silence the flawed signaling and block the creation of disease-causing proteins. So far, Alnylam has four approved RNAi-based medicines that treat rare hereditary diseases. The company has a dozen other therapies in clinical studies, including six in late-stage development.\n“This is a completely new area of therapeutics,” says Ram. “It is a platform of products that can treat a variety of conditions.”\n5. Hold stocks for the long term\nAll of the names above are large positions in Ram’s fund, which tells me that Ram and her team think they have considerably more upside. If you buy any of them, though, remember you have to do so with a multi-year time horizon. That’s what Ram’s fund does. It has a low annual portfolio turnover of 27%. It’s important to have a long-term view, because it is so tough to call short-term moves in the stock market or in stocks, and you need to give companies time to develop.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177055949,"gmtCreate":1627171657981,"gmtModify":1633767569685,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Not good for investors but great for consumers and, probably,&nbsp;content owners","listText":"Not good for investors but great for consumers and, probably,&nbsp;content owners","text":"Not good for investors but great for consumers and, probably, content owners","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/177055949","repostId":"1151500518","repostType":4,"repost":{"id":"1151500518","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":1627092269,"share":"https://www.laohu8.com/m/news/1151500518?lang=zh_CN&edition=full","pubTime":"2021-07-24 10:04","market":"us","language":"en","title":"Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151500518","media":"Tiger Newspress","summary":"The China market supervision administration made an administrative punishment decision according to ","content":"<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p><p><blockquote>市场监督管理总局依法作出行政处罚决定，责令腾讯控股及其关联公司采取措施，恢复市场竞争状态，如30日内取消独家音乐版权、停止支付高额预付款等版权费用、无正当理由不得要求上游版权方给予优于竞争对手的条件等。腾讯控股将在三年内每年向国家市场监管总局报告义务履行情况，国家市场监管总局将依法严格监督落实。</blockquote></p><p> This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p><p><blockquote>本案是我国《反垄断法》实施以来，对违法实施经营者集中行为采取必要措施恢复市场竞争状态的第一起案件。</blockquote></p><p> Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p><p><blockquote>腾讯控股回应称，公司将认真遵守《决定》，严格执行监管要求，依法经营，切实履行社会责任，维护市场良性竞争。腾讯控股将负全责，在规定时限内与腾讯控股音乐等关联公司制定整改措施和方案，按照处罚决定书要求全面完成，确保整改到位。</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>Tencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</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\">\nTencent was ordered to remove the exclusive copyright of online music<blockquote>腾讯控股被命令删除在线音乐的独家版权</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\">2021-07-24 10:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.</p><p><blockquote>市场监督管理总局依法作出行政处罚决定，责令腾讯控股及其关联公司采取措施，恢复市场竞争状态，如30日内取消独家音乐版权、停止支付高额预付款等版权费用、无正当理由不得要求上游版权方给予优于竞争对手的条件等。腾讯控股将在三年内每年向国家市场监管总局报告义务履行情况，国家市场监管总局将依法严格监督落实。</blockquote></p><p> This case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.</p><p><blockquote>本案是我国《反垄断法》实施以来，对违法实施经营者集中行为采取必要措施恢复市场竞争状态的第一起案件。</blockquote></p><p> Tencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.</p><p><blockquote>腾讯控股回应称，公司将认真遵守《决定》，严格执行监管要求，依法经营，切实履行社会责任，维护市场良性竞争。腾讯控股将负全责，在规定时限内与腾讯控股音乐等关联公司制定整改措施和方案，按照处罚决定书要求全面完成，确保整改到位。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151500518","content_text":"The China market supervision administration made an administrative punishment decision according to law, ordering Tencent and its affiliated companies to take measures to restore the state of market competition, such as canceling the exclusive music copyright within 30 days, stopping the payment of copyright fees such as high prepayment, and not requiring the upstream copyright party to give conditions superior to its competitors without justified reasons. Tencent will report the performance of its obligations to the State Administration of market supervision every year within three years, and the State Administration of market supervision will strictly supervise its implementation according to law.\nThis case is the first case in which necessary measures have been taken to restore the state of market competition for the illegal implementation of business concentration since the implementation of China's anti-monopoly law.\nTencent responded that the company will seriously abide by the decision, strictly implement the regulatory requirements, operate in accordance with the law, earnestly fulfill its social responsibility and maintain benign competition in the market. Tencent will take full responsibility, formulate rectification measures and plans with Tencent music and other affiliated companies within the specified time limit, and complete them completely in accordance with the requirements of the punishment decision to ensure that the rectification is in place.","news_type":1,"symbols_score_info":{"00700":0.9,"TME":0.9}},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146637566,"gmtCreate":1626074962055,"gmtModify":1633930404060,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"This quarter should be good!","listText":"This quarter should be good!","text":"This quarter should be good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146637566","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808091996,"gmtCreate":1627540959015,"gmtModify":1633763969815,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Well, the two things in life that are certain are death and taxes... And no taxation authority is doing an IPO anytime soon...&nbsp;[微笑]&nbsp;","listText":"Well, the two things in life that are certain are death and taxes... And no taxation authority is doing an IPO anytime soon...&nbsp;[微笑]&nbsp;","text":"Well, the two things in life that are certain are death and taxes... And no taxation authority is doing an IPO anytime soon... [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/808091996","repostId":"2155970036","repostType":4,"isVote":1,"tweetType":1,"viewCount":1770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":147442441,"gmtCreate":1626388528883,"gmtModify":1633927335688,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Powell's Fed is trying to control human behavior (the decision to raise or lower prices) through blunt policy tools. He is right not to do too much. We will have to wait and see to really know the effects of the current policies in effect on latest&nbsp;factors of inflation.","listText":"Powell's Fed is trying to control human behavior (the decision to raise or lower prices) through blunt policy tools. He is right not to do too much. We will have to wait and see to really know the effects of the current policies in effect on latest&nbsp;factors of inflation.","text":"Powell's Fed is trying to control human behavior (the decision to raise or lower prices) through blunt policy tools. He is right not to do too much. We will have to wait and see to really know the effects of the current policies in effect on latest factors of inflation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/147442441","repostId":"1109408846","repostType":4,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126215713,"gmtCreate":1624575157032,"gmtModify":1631884219372,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"themes":[],"htmlText":"Interesting. However, I would prefer to look at stocks with higher&nbsp;volatility. Just my 2cents.","listText":"Interesting. However, I would prefer to look at stocks with higher&nbsp;volatility. Just my 2cents.","text":"Interesting. However, I would prefer to look at stocks with higher volatility. Just my 2cents.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/126215713","repostId":"2145704596","repostType":4,"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}