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- pytann94pytann94
  ·2021-09-02
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- pytann94pytann94
  ·2021-07-14
  Gg its gonna pop
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- pytann94pytann94
  ·2021-07-01
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- pytann94pytann94
  ·2021-06-29
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- pytann94pytann94
  ·2021-06-18
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- pytann94pytann94
  ·2021-06-17
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- pytann94pytann94
  ·2021-06-17
  It will hold. Gold will hold
  What lumber and gold prices tell us about the stock market's next move<blockquote>木材和黄金价格告诉我们股市的下一步走势</blockquote>
  Commodities have an effect on stocks but the one to watch is platinum. See full story . GETTY IMAGES
  What lumber and gold prices tell us about the stock market's next move<blockquote>木材和黄金价格告诉我们股市的下一步走势</blockquote>
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- pytann94pytann94
  ·2021-06-16
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- pytann94pytann94
  ·2021-06-16
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- pytann94pytann94
  ·2021-06-16
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  3 Reasons Tech Stocks May Continue To Struggle<blockquote>科技股可能继续陷入困境的 3 个原因</blockquote>
  So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return
  3 Reasons Tech Stocks May Continue To Struggle<blockquote>科技股可能继续陷入困境的 3 个原因</blockquote>
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comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/163547441","repostId":"2144713861","repostType":4,"isVote":1,"tweetType":1,"viewCount":3383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163546764,"gmtCreate":1623890027258,"gmtModify":1634026425533,"author":{"id":"3585792049589408","authorId":"3585792049589408","name":"pytann94","avatar":"https://static.tigerbbs.com/57f8e385f2d3b4722738c162f0ad469a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585792049589408","idStr":"3585792049589408"},"themes":[],"title":"","htmlText":"It will hold. Gold will hold","listText":"It will hold. Gold will hold","text":"It will hold. Gold will hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163546764","repostId":"2144713396","repostType":4,"repost":{"id":"2144713396","kind":"highlight","pubTimestamp":1623889510,"share":"https://www.laohunote.com/m/news/2144713396?lang=zh_CN&edition=full","pubTime":"2021-06-17 08:25","market":"us","language":"en","title":"What lumber and gold prices tell us about the stock market's next move<blockquote>木材和黄金价格告诉我们股市的下一步走势</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713396","media":"MarketWatch","summary":"Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES","content":"<p>Commodities have an effect on stocks but the one to watch is platinum. See full story .</p><p><blockquote>大宗商品对股票有影响，但值得关注的是铂金。查看完整故事。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cae56c9abdfe2e326972f59f852b6c04\" tg-width=\"1260\" tg-height=\"840\"><span>GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>盖蒂图片社</span></p></blockquote></p><p> Lumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.</p><p><blockquote>木材价格经历了历史上最大、最快的暴跌之一——现货期货合约在短短 25 个交易日内下跌超过 670 美元，即 40%。</blockquote></p><p> It’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.</p><p><blockquote>试图从中寻找意义是人类的天性，因为另一种选择是接受如此巨大的价格变化只不过是随机波动。我们谁也不愿意接受我们的投资组合会遭受如此残酷的命运曲折。</blockquote></p><p> One way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber&nbsp;to gold.One&nbsp;study&nbsp;found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.</p><p><blockquote>一项研究发现，当木材与黄金的比率高于13周前时，美股的条件应该是有利的。当利率较低时，美国国债是首选。</blockquote></p><p> Not surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.</p><p><blockquote>毫不奇怪，鉴于木材公司最近的暴跌，这一比率目前传递的信息是看跌股票。（见下图。）为了帮助确定该消息的权重，我测试了1984年的比率——这是数据在FactSet上延伸的时间。从那以后的每一周，我都计算这个比率是高于还是低于13周前。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c3b4a71a21eea91205bffc083189f6a1\" tg-width=\"1260\" tg-height=\"849\"></p><p><blockquote></blockquote></p><p> The table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.</p><p><blockquote>下表报告了市场上涨的频率与木材黄金比率 13 周变化是正值还是负值的关系。我使用威尔希尔 5000 的总回报指数作为市场基准。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b87c08d2f35d4035d6679a53b43dad2d\" tg-width=\"1260\" tg-height=\"377\"></p><p><blockquote></blockquote></p><p> Notice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.</p><p><blockquote>请注意，木材黄金比率对股市上涨的频率几乎没有影响。这表明，最近木材黄金比率的下降可能并不像看起来那么令人担忧。</blockquote></p><p> Of course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.</p><p><blockquote>当然，当比率的 13 周变化为负值时，即使下降的可能性不大，但下降的可能性也可能更大。下表报告了相关数据，讲述了与上表类似的故事。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8a25f2a5327104a15712a37d05c39479\" tg-width=\"1260\" tg-height=\"265\"></p><p><blockquote></blockquote></p><p> To be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.</p><p><blockquote>可以肯定的是，本次讨论并不是对木材黄金比率潜在价值的详尽分析。可能还有其他方法来切割和切割数据，从而揭示数据对投资者有用的方法。然而，这些数据似乎表明，最近木材黄金比率的下降本身并不是一个令人担忧的巨大原因。</blockquote></p><p> None of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given&nbsp;how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.</p><p><blockquote>这些结果都不能保证股市在未来几周内不会出现调整，甚至不会开始熊市。考虑到股市被高估的程度，这种情况随时都有可能发生。我的观点是，据我所知，木材黄金比率的下降并不是预测这种低迷的另一个原因。</blockquote></p><p> <b>Gold-platinum ratio</b></p><p><blockquote><b>金铂比</b></blockquote></p><p> In the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that&nbsp;a peer-reviewed academic study&nbsp;has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.</p><p><blockquote>与此同时，你可能想给股市一个无疑的好处。这是因为另一项基于大宗商品市场的比率在预测股市 12 个月回报率方面有着出色的记录。另一个比率是黄金价格除以铂金价格。</blockquote></p><p> I most&nbsp;recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.</p><p><blockquote>我最近一次写这个比率是在二月份。虽然今天的比率远低于去年 3 月瀑布式下跌底部创下的多年高点，但仍高于长期平均水平。因此，尽管未来 12 个月股市的上涨潜力远不及一年前，但仍高于平均水平。</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>What lumber and gold prices tell us about the stock market's next move<blockquote>木材和黄金价格告诉我们股市的下一步走势</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\">\nWhat lumber and gold prices tell us about the stock market's next move<blockquote>木材和黄金价格告诉我们股市的下一步走势</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-06-17 08:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Commodities have an effect on stocks but the one to watch is platinum. See full story .</p><p><blockquote>大宗商品对股票有影响，但值得关注的是铂金。查看完整故事。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cae56c9abdfe2e326972f59f852b6c04\" tg-width=\"1260\" tg-height=\"840\"><span>GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>盖蒂图片社</span></p></blockquote></p><p> Lumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.</p><p><blockquote>木材价格经历了历史上最大、最快的暴跌之一——现货期货合约在短短 25 个交易日内下跌超过 670 美元，即 40%。</blockquote></p><p> It’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.</p><p><blockquote>试图从中寻找意义是人类的天性，因为另一种选择是接受如此巨大的价格变化只不过是随机波动。我们谁也不愿意接受我们的投资组合会遭受如此残酷的命运曲折。</blockquote></p><p> One way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber&nbsp;to gold.One&nbsp;study&nbsp;found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.</p><p><blockquote>一项研究发现，当木材与黄金的比率高于13周前时，美股的条件应该是有利的。当利率较低时，美国国债是首选。</blockquote></p><p> Not surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.</p><p><blockquote>毫不奇怪，鉴于木材公司最近的暴跌，这一比率目前传递的信息是看跌股票。（见下图。）为了帮助确定该消息的权重，我测试了1984年的比率——这是数据在FactSet上延伸的时间。从那以后的每一周，我都计算这个比率是高于还是低于13周前。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c3b4a71a21eea91205bffc083189f6a1\" tg-width=\"1260\" tg-height=\"849\"></p><p><blockquote></blockquote></p><p> The table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.</p><p><blockquote>下表报告了市场上涨的频率与木材黄金比率 13 周变化是正值还是负值的关系。我使用威尔希尔 5000 的总回报指数作为市场基准。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/b87c08d2f35d4035d6679a53b43dad2d\" tg-width=\"1260\" tg-height=\"377\"></p><p><blockquote></blockquote></p><p> Notice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.</p><p><blockquote>请注意，木材黄金比率对股市上涨的频率几乎没有影响。这表明，最近木材黄金比率的下降可能并不像看起来那么令人担忧。</blockquote></p><p> Of course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.</p><p><blockquote>当然，当比率的 13 周变化为负值时，即使下降的可能性不大，但下降的可能性也可能更大。下表报告了相关数据，讲述了与上表类似的故事。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/8a25f2a5327104a15712a37d05c39479\" tg-width=\"1260\" tg-height=\"265\"></p><p><blockquote></blockquote></p><p> To be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.</p><p><blockquote>可以肯定的是，本次讨论并不是对木材黄金比率潜在价值的详尽分析。可能还有其他方法来切割和切割数据，从而揭示数据对投资者有用的方法。然而，这些数据似乎表明，最近木材黄金比率的下降本身并不是一个令人担忧的巨大原因。</blockquote></p><p> None of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given&nbsp;how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.</p><p><blockquote>这些结果都不能保证股市在未来几周内不会出现调整，甚至不会开始熊市。考虑到股市被高估的程度，这种情况随时都有可能发生。我的观点是，据我所知，木材黄金比率的下降并不是预测这种低迷的另一个原因。</blockquote></p><p> <b>Gold-platinum ratio</b></p><p><blockquote><b>金铂比</b></blockquote></p><p> In the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that&nbsp;a peer-reviewed academic study&nbsp;has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.</p><p><blockquote>与此同时，你可能想给股市一个无疑的好处。这是因为另一项基于大宗商品市场的比率在预测股市 12 个月回报率方面有着出色的记录。另一个比率是黄金价格除以铂金价格。</blockquote></p><p> I most&nbsp;recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.</p><p><blockquote>我最近一次写这个比率是在二月份。虽然今天的比率远低于去年 3 月瀑布式下跌底部创下的多年高点，但仍高于长期平均水平。因此，尽管未来 12 个月股市的上涨潜力远不及一年前，但仍高于平均水平。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713396","content_text":"Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES\nLumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.\nIt’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.\nOne way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber to gold.One study found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.\nNot surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.\n\nThe table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.\n\nNotice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.\nOf course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.\n\nTo be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.\nNone of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.\nGold-platinum ratio\nIn the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that a peer-reviewed academic study has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.\nI most recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160479940,"gmtCreate":1623805418380,"gmtModify":1634027921363,"author":{"id":"3585792049589408","authorId":"3585792049589408","name":"pytann94","avatar":"https://static.tigerbbs.com/57f8e385f2d3b4722738c162f0ad469a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585792049589408","idStr":"3585792049589408"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/160479940","repostId":"1159832067","repostType":4,"isVote":1,"tweetType":1,"viewCount":4010,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160447431,"gmtCreate":1623805377323,"gmtModify":1634027922553,"author":{"id":"3585792049589408","authorId":"3585792049589408","name":"pytann94","avatar":"https://static.tigerbbs.com/57f8e385f2d3b4722738c162f0ad469a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585792049589408","idStr":"3585792049589408"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160447431","repostId":"1181966550","repostType":4,"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160405507,"gmtCreate":1623803516309,"gmtModify":1634027993733,"author":{"id":"3585792049589408","authorId":"3585792049589408","name":"pytann94","avatar":"https://static.tigerbbs.com/57f8e385f2d3b4722738c162f0ad469a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585792049589408","idStr":"3585792049589408"},"themes":[],"title":"","htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/160405507","repostId":"1142443814","repostType":4,"repost":{"id":"1142443814","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623802730,"share":"https://www.laohunote.com/m/news/1142443814?lang=zh_CN&edition=full","pubTime":"2021-06-16 08:18","market":"us","language":"en","title":"3 Reasons Tech Stocks May Continue To Struggle<blockquote>科技股可能继续陷入困境的 3 个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142443814","media":"Benzinga Earnings","summary":"So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return ","content":"<p>So far in 2021, the&nbsp;<b>Vanguard Value Index Fund ETF</b>&nbsp;is up 17.4% nearly double the year-to-date return of the<b>Technology Select Sector SPDR Fund</b>.</p><p><blockquote>2021年迄今为止，<b>先锋价值指数基金ETF</b>上涨 17.4%，几乎是今年迄今回报率的两倍<b>科技精选行业 SPDR 基金</b>.</blockquote></p><p> Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.</p><p><blockquote>在过去十年中，科技股落后于价值股的时期是短暂而甜蜜的，但 LPL Financial 表示，在可预见的未来，科技股可能不再引领市场走高，至少有三个原因。</blockquote></p><p> <ul>  <li>First, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.</li>  <li>Second, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.</li>  <li>Third, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&amp;P 500 since the beginning of September, suggesting technology’s momentum has stalled out.</li> </ul> “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p><p><blockquote><ul><li>首先，许多在社交距离和远程工作时期蓬勃发展的科技股将面临极其困难的竞争，并在未来几个季度报告增长放缓。与此同时，在停工期间陷入困境的工业、材料和能源行业的价值股将经历重新开放带来的被压抑需求的顺风。</li><li>其次，与历史平均水平相比，科技行业目前 25 倍的远期市盈率相对较高。此外，罗素 1,000 增长指数目前的估值比罗素 1,000 价值指数溢价 60%，为过去 20 年来的最高溢价。</li><li>第三，从技术角度来看，科技板块似乎正在翻转。自 9 月初以来，该行业一直落后于标普500，这表明科技行业的发展势头已经停滞。</li></ul>“LPL股票策略师杰弗里-布赫宾德（Jeffrey Buchbinder）周二表示：”鉴于许多科技公司强劲的基本面和快速的创新步伐，很难不喜欢科技。“但我们预计，随着经济重新开放的冲击，金融、工业和材料等周期性价值行业将在今年剩余时间里表现更好。”</blockquote></p><p> <b>Benzinga’s Take:</b>Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.</p><p><blockquote><b>Benzinga 的观点：</b>科技股不再引领市场走高，并不意味着投资者应该抛售所有科技股，转而购买价值股。科技行业肯定仍会有表现优异的公司成为 2021 年市场上涨幅最大的公司之一，但过去十年从整个行业投资中获得的轻松资金可能会更难在未来几个季度获得。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Tech Stocks May Continue To Struggle<blockquote>科技股可能继续陷入困境的 3 个原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Tech Stocks May Continue To Struggle<blockquote>科技股可能继续陷入困境的 3 个原因</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 Earnings </p>\n<p class=\"h-time smaller\">2021-06-16 08:18</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>So far in 2021, the&nbsp;<b>Vanguard Value Index Fund ETF</b>&nbsp;is up 17.4% nearly double the year-to-date return of the<b>Technology Select Sector SPDR Fund</b>.</p><p><blockquote>2021年迄今为止，<b>先锋价值指数基金ETF</b>上涨 17.4%，几乎是今年迄今回报率的两倍<b>科技精选行业 SPDR 基金</b>.</blockquote></p><p> Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.</p><p><blockquote>在过去十年中，科技股落后于价值股的时期是短暂而甜蜜的，但 LPL Financial 表示，在可预见的未来，科技股可能不再引领市场走高，至少有三个原因。</blockquote></p><p> <ul>  <li>First, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.</li>  <li>Second, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.</li>  <li>Third, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&amp;P 500 since the beginning of September, suggesting technology’s momentum has stalled out.</li> </ul> “It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”</p><p><blockquote><ul><li>首先，许多在社交距离和远程工作时期蓬勃发展的科技股将面临极其困难的竞争，并在未来几个季度报告增长放缓。与此同时，在停工期间陷入困境的工业、材料和能源行业的价值股将经历重新开放带来的被压抑需求的顺风。</li><li>其次，与历史平均水平相比，科技行业目前 25 倍的远期市盈率相对较高。此外，罗素 1,000 增长指数目前的估值比罗素 1,000 价值指数溢价 60%，为过去 20 年来的最高溢价。</li><li>第三，从技术角度来看，科技板块似乎正在翻转。自 9 月初以来，该行业一直落后于标普500，这表明科技行业的发展势头已经停滞。</li></ul>“LPL股票策略师杰弗里-布赫宾德（Jeffrey Buchbinder）周二表示：”鉴于许多科技公司强劲的基本面和快速的创新步伐，很难不喜欢科技。“但我们预计，随着经济重新开放的冲击，金融、工业和材料等周期性价值行业将在今年剩余时间里表现更好。”</blockquote></p><p> <b>Benzinga’s Take:</b>Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.</p><p><blockquote><b>Benzinga 的观点：</b>科技股不再引领市场走高，并不意味着投资者应该抛售所有科技股，转而购买价值股。科技行业肯定仍会有表现优异的公司成为 2021 年市场上涨幅最大的公司之一，但过去十年从整个行业投资中获得的轻松资金可能会更难在未来几个季度获得。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142443814","content_text":"So far in 2021, the Vanguard Value Index Fund ETF is up 17.4% nearly double the year-to-date return of theTechnology Select Sector SPDR Fund.\nOver the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial said there are at least three reasons why tech may no longer be leading the market higher for the foreseeable future.\n\nFirst, many tech stocks that thrived during the period of social distancing and remote working will face extremely difficult comps and report growth slowdowns in the next several quarters. At the same time, value stocks in the industrials, materials and energy sectors that struggled during the shutdowns will experience the tailwinds of pent-up demand from the reopening.\nSecond, the tech sector’s current forward earnings multiple of 25 is relatively high compared to its historical average. In addition, the Russell 1,000 Growth Index is currently valued at a 60% premium to the Russell 1,000 Value Index, its highest premium in the past 20 years.\nThird, the technology sector appears to be rolling over from a technical standpoint. The sector has lagged the S&P 500 since the beginning of September, suggesting technology’s momentum has stalled out.\n\n“It’s tough not to like technology given the strong fundamentals and rapid pace of innovation from many tech companies,” LPL Equity Strategist Jeffrey Buchbindersaid Tuesday.“But we expect cyclical value sectors like financials, industrials, and materials to fare better the rest of the year as the economy gets a reopening jolt.”\nBenzinga’s Take:Just because tech stocks are no longer leading the market higher doesn’t mean investors should dump all their tech holdings for value stocks. There will still certainly be outperformers within the tech sector that are among the largest gainers in the market in 2021, but the easy money that has come from investing in the sector as a whole in the past decade may be much harder to come by in the next several quarters.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}