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- 6c5ea06a6c5ea06a
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- 6c5ea06a6c5ea06a
  ·2021-07-29
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  Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>
  Stock market likely to face ‘readjustment period’: deGraaf Midsummer blues? SEBASTIEN SALOM-GOMIS/AG
  Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>
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- 6c5ea06a6c5ea06a
  ·2021-07-29
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  Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>
  Stock market likely to face ‘readjustment period’: deGraaf Midsummer blues? SEBASTIEN SALOM-GOMIS/AG
  Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>
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SEBASTIEN SALOM-GOMIS/AG","content":"<p>Stock market likely to face ‘readjustment period’: deGraaf</p><p><blockquote>德格拉夫：股市可能面临“调整期”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdd60b246407ebeffde47c97ef392dbb\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Midsummer blues? SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>仲夏蓝调？塞巴斯蒂安·萨洛姆-戈米斯/法新社/盖蒂图片社</span></p></blockquote></p><p> It’s the most unfavorable time of the year when it comes to stock-market “seasonality”, and while that’s usually not enough to dictate market calls, it’s worth paying attention to, a top Wall Street chart watcher warned on Wednesday.</p><p><blockquote>华尔街一位顶级图表观察家周三警告说，就股市 “季节性 ”而言，这是一年中最不利的时期，虽然这通常不足以决定市场评级，但值得关注。</blockquote></p><p> “We are now standing at the weakest point in market seasonality for the next three months,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Thursday note, referring to the chart tracking seasonal 3-month forward returns below:</p><p><blockquote>“文艺复兴宏观研究公司（Renaissance Macro Research）创始人杰夫-德格拉夫（Jeff deGraaf）在周四的一份报告中说：”我们现在正处于未来三个月市场季节性最弱的阶段，他指的是下面这张追踪季节性 3 个月远期回报率的图表：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ca9bfb57bece1c32df911d998c4de19\" tg-width=\"700\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>RENAISSANCE MACRO</span></p><p><blockquote><p class=\"t-img-caption\"><span>文艺复兴宏观</span></p></blockquote></p><p> “The data goes back to 1928 and is rarely a sufficient catalyst to make a call, but with breadth divergences, elevated sentiment, and peak-data we suspect seasonal patterns will be more typical than not,” he wrote.</p><p><blockquote>“他写道：”这些数据可以追溯到 1928 年，很少能成为做出看涨期权的足够催化剂，但由于广度差异、情绪高涨和数据高峰，我们怀疑季节性模式将更加典型。</blockquote></p><p> Seasonality refers to the tendency of markets to perform better or worse during certain periods of the year. It’s perhaps most famously illustrated by the stock-market adage, “sell in May and go away,,” which refers to the historical tendency for the stock market to perform better from November through April than from May through October.</p><p><blockquote>季节性是指市场在一年中的某些时期表现更好或更差的趋势。股市格言 “五月卖出，走开 ”也许最著名地说明了这一点，这句格言指的是股市从 11 月到 4 月的表现好于从 5 月到 10 月的历史趋势。</blockquote></p><p> As deGraaf indicated, such seasonal factors typically aren’t viewed as sufficient in themselves to justify making trading calls.</p><p><blockquote>正如德格拉夫所指出的，这些季节性因素本身通常不足以成为交易评级的理由。</blockquote></p><p> The Dow Jones Industrial Average,S&amp;P 500&nbsp;and Nasdaq Composite&nbsp;pulled back Tuesday after finishing at record levels in the previous session. Stocks were&nbsp;putting in a mixed performance&nbsp;on Wednesday.</p><p><blockquote>道琼斯工业平均指数、标准普尔500指数和纳斯达克综合指数在前一交易日收于创纪录水平后，周二回落。周三股市表现好坏参半。</blockquote></p><p> So what does he expect the next three months to look like?</p><p><blockquote>那么他预计接下来的三个月会是什么样子呢？</blockquote></p><p> “It’s likely to be a readjustment period, rotational and important to pay attention to relative strength changes,” he said.</p><p><blockquote>“他说：”这很可能是一个重新调整期，是一个轮换期，重要的是要注意相对实力的变化。</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>Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</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\">\nStock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-29 17:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stock market likely to face ‘readjustment period’: deGraaf</p><p><blockquote>德格拉夫：股市可能面临“调整期”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdd60b246407ebeffde47c97ef392dbb\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Midsummer blues? SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>仲夏蓝调？塞巴斯蒂安·萨洛姆-戈米斯/法新社/盖蒂图片社</span></p></blockquote></p><p> It’s the most unfavorable time of the year when it comes to stock-market “seasonality”, and while that’s usually not enough to dictate market calls, it’s worth paying attention to, a top Wall Street chart watcher warned on Wednesday.</p><p><blockquote>华尔街一位顶级图表观察家周三警告说，就股市 “季节性 ”而言，这是一年中最不利的时期，虽然这通常不足以决定市场评级，但值得关注。</blockquote></p><p> “We are now standing at the weakest point in market seasonality for the next three months,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Thursday note, referring to the chart tracking seasonal 3-month forward returns below:</p><p><blockquote>“文艺复兴宏观研究公司（Renaissance Macro Research）创始人杰夫-德格拉夫（Jeff deGraaf）在周四的一份报告中说：”我们现在正处于未来三个月市场季节性最弱的阶段，他指的是下面这张追踪季节性 3 个月远期回报率的图表：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ca9bfb57bece1c32df911d998c4de19\" tg-width=\"700\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>RENAISSANCE MACRO</span></p><p><blockquote><p class=\"t-img-caption\"><span>文艺复兴宏观</span></p></blockquote></p><p> “The data goes back to 1928 and is rarely a sufficient catalyst to make a call, but with breadth divergences, elevated sentiment, and peak-data we suspect seasonal patterns will be more typical than not,” he wrote.</p><p><blockquote>“他写道：”这些数据可以追溯到 1928 年，很少能成为做出看涨期权的足够催化剂，但由于广度差异、情绪高涨和数据高峰，我们怀疑季节性模式将更加典型。</blockquote></p><p> Seasonality refers to the tendency of markets to perform better or worse during certain periods of the year. It’s perhaps most famously illustrated by the stock-market adage, “sell in May and go away,,” which refers to the historical tendency for the stock market to perform better from November through April than from May through October.</p><p><blockquote>季节性是指市场在一年中的某些时期表现更好或更差的趋势。股市格言 “五月卖出，走开 ”也许最著名地说明了这一点，这句格言指的是股市从 11 月到 4 月的表现好于从 5 月到 10 月的历史趋势。</blockquote></p><p> As deGraaf indicated, such seasonal factors typically aren’t viewed as sufficient in themselves to justify making trading calls.</p><p><blockquote>正如德格拉夫所指出的，这些季节性因素本身通常不足以成为交易评级的理由。</blockquote></p><p> The Dow Jones Industrial Average,S&amp;P 500&nbsp;and Nasdaq Composite&nbsp;pulled back Tuesday after finishing at record levels in the previous session. Stocks were&nbsp;putting in a mixed performance&nbsp;on Wednesday.</p><p><blockquote>道琼斯工业平均指数、标准普尔500指数和纳斯达克综合指数在前一交易日收于创纪录水平后，周二回落。周三股市表现好坏参半。</blockquote></p><p> So what does he expect the next three months to look like?</p><p><blockquote>那么他预计接下来的三个月会是什么样子呢？</blockquote></p><p> “It’s likely to be a readjustment period, rotational and important to pay attention to relative strength changes,” he said.</p><p><blockquote>“他说：”这很可能是一个重新调整期，是一个轮换期，重要的是要注意相对实力的变化。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/stock-market-investors-are-staring-down-the-barrel-of-seasonal-weakness-for-next-3-months-11627482153?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/stock-market-investors-are-staring-down-the-barrel-of-seasonal-weakness-for-next-3-months-11627482153?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150368331","content_text":"Stock market likely to face ‘readjustment period’: deGraaf\nMidsummer blues? SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES\nIt’s the most unfavorable time of the year when it comes to stock-market “seasonality”, and while that’s usually not enough to dictate market calls, it’s worth paying attention to, a top Wall Street chart watcher warned on Wednesday.\n“We are now standing at the weakest point in market seasonality for the next three months,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Thursday note, referring to the chart tracking seasonal 3-month forward returns below:\nRENAISSANCE MACRO\n“The data goes back to 1928 and is rarely a sufficient catalyst to make a call, but with breadth divergences, elevated sentiment, and peak-data we suspect seasonal patterns will be more typical than not,” he wrote.\nSeasonality refers to the tendency of markets to perform better or worse during certain periods of the year. It’s perhaps most famously illustrated by the stock-market adage, “sell in May and go away,,” which refers to the historical tendency for the stock market to perform better from November through April than from May through October.\nAs deGraaf indicated, such seasonal factors typically aren’t viewed as sufficient in themselves to justify making trading calls.\nThe Dow Jones Industrial Average,S&P 500 and Nasdaq Composite pulled back Tuesday after finishing at record levels in the previous session. Stocks were putting in a mixed performance on Wednesday.\nSo what does he expect the next three months to look like?\n“It’s likely to be a readjustment period, rotational and important to pay attention to relative strength changes,” he said.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808966598,"gmtCreate":1627551724414,"gmtModify":1633763884963,"author":{"id":"4090643022997820","authorId":"4090643022997820","name":"6c5ea06a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090643022997820","idStr":"4090643022997820"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808966598","repostId":"2155990524","repostType":4,"isVote":1,"tweetType":1,"viewCount":1880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808984343,"gmtCreate":1627551386982,"gmtModify":1633763888912,"author":{"id":"4090643022997820","authorId":"4090643022997820","name":"6c5ea06a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090643022997820","idStr":"4090643022997820"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808984343","repostId":"2154260889","repostType":4,"isVote":1,"tweetType":1,"viewCount":3189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808985546,"gmtCreate":1627551357185,"gmtModify":1633763889257,"author":{"id":"4090643022997820","authorId":"4090643022997820","name":"6c5ea06a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090643022997820","idStr":"4090643022997820"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808985546","repostId":"2154260889","repostType":4,"isVote":1,"tweetType":1,"viewCount":1809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808985992,"gmtCreate":1627551315716,"gmtModify":1633763889580,"author":{"id":"4090643022997820","authorId":"4090643022997820","name":"6c5ea06a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090643022997820","idStr":"4090643022997820"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808985992","repostId":"1150368331","repostType":4,"repost":{"id":"1150368331","kind":"news","pubTimestamp":1627550617,"share":"https://www.laohu8.com/m/news/1150368331?lang=zh_CN&edition=full","pubTime":"2021-07-29 17:23","market":"us","language":"en","title":"Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1150368331","media":"MarketWatch","summary":"Stock market likely to face ‘readjustment period’: deGraaf\nMidsummer blues? SEBASTIEN SALOM-GOMIS/AG","content":"<p>Stock market likely to face ‘readjustment period’: deGraaf</p><p><blockquote>德格拉夫：股市可能面临“调整期”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdd60b246407ebeffde47c97ef392dbb\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Midsummer blues? SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>仲夏蓝调？塞巴斯蒂安·萨洛姆-戈米斯/法新社/盖蒂图片社</span></p></blockquote></p><p> It’s the most unfavorable time of the year when it comes to stock-market “seasonality”, and while that’s usually not enough to dictate market calls, it’s worth paying attention to, a top Wall Street chart watcher warned on Wednesday.</p><p><blockquote>华尔街一位顶级图表观察家周三警告说，就股市 “季节性 ”而言，这是一年中最不利的时期，虽然这通常不足以决定市场评级，但值得关注。</blockquote></p><p> “We are now standing at the weakest point in market seasonality for the next three months,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Thursday note, referring to the chart tracking seasonal 3-month forward returns below:</p><p><blockquote>“文艺复兴宏观研究公司（Renaissance Macro Research）创始人杰夫-德格拉夫（Jeff deGraaf）在周四的一份报告中说：”我们现在正处于未来三个月市场季节性最弱的阶段，他指的是下面这张追踪季节性 3 个月远期回报率的图表：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ca9bfb57bece1c32df911d998c4de19\" tg-width=\"700\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>RENAISSANCE MACRO</span></p><p><blockquote><p class=\"t-img-caption\"><span>文艺复兴宏观</span></p></blockquote></p><p> “The data goes back to 1928 and is rarely a sufficient catalyst to make a call, but with breadth divergences, elevated sentiment, and peak-data we suspect seasonal patterns will be more typical than not,” he wrote.</p><p><blockquote>“他写道：”这些数据可以追溯到 1928 年，很少能成为做出看涨期权的足够催化剂，但由于广度差异、情绪高涨和数据高峰，我们怀疑季节性模式将更加典型。</blockquote></p><p> Seasonality refers to the tendency of markets to perform better or worse during certain periods of the year. It’s perhaps most famously illustrated by the stock-market adage, “sell in May and go away,,” which refers to the historical tendency for the stock market to perform better from November through April than from May through October.</p><p><blockquote>季节性是指市场在一年中的某些时期表现更好或更差的趋势。股市格言 “五月卖出，走开 ”也许最著名地说明了这一点，这句格言指的是股市从 11 月到 4 月的表现好于从 5 月到 10 月的历史趋势。</blockquote></p><p> As deGraaf indicated, such seasonal factors typically aren’t viewed as sufficient in themselves to justify making trading calls.</p><p><blockquote>正如德格拉夫所指出的，这些季节性因素本身通常不足以成为交易评级的理由。</blockquote></p><p> The Dow Jones Industrial Average,S&amp;P 500&nbsp;and Nasdaq Composite&nbsp;pulled back Tuesday after finishing at record levels in the previous session. Stocks were&nbsp;putting in a mixed performance&nbsp;on Wednesday.</p><p><blockquote>道琼斯工业平均指数、标准普尔500指数和纳斯达克综合指数在前一交易日收于创纪录水平后，周二回落。周三股市表现好坏参半。</blockquote></p><p> So what does he expect the next three months to look like?</p><p><blockquote>那么他预计接下来的三个月会是什么样子呢？</blockquote></p><p> “It’s likely to be a readjustment period, rotational and important to pay attention to relative strength changes,” he said.</p><p><blockquote>“他说：”这很可能是一个重新调整期，是一个轮换期，重要的是要注意相对实力的变化。</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>Stock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</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\">\nStock-market investors are ‘staring down the barrel of seasonal weakness for next 3 months’<blockquote>股市投资者“将目光投向未来三个月的季节性疲软”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-29 17:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stock market likely to face ‘readjustment period’: deGraaf</p><p><blockquote>德格拉夫：股市可能面临“调整期”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdd60b246407ebeffde47c97ef392dbb\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Midsummer blues? SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>仲夏蓝调？塞巴斯蒂安·萨洛姆-戈米斯/法新社/盖蒂图片社</span></p></blockquote></p><p> It’s the most unfavorable time of the year when it comes to stock-market “seasonality”, and while that’s usually not enough to dictate market calls, it’s worth paying attention to, a top Wall Street chart watcher warned on Wednesday.</p><p><blockquote>华尔街一位顶级图表观察家周三警告说，就股市 “季节性 ”而言，这是一年中最不利的时期，虽然这通常不足以决定市场评级，但值得关注。</blockquote></p><p> “We are now standing at the weakest point in market seasonality for the next three months,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Thursday note, referring to the chart tracking seasonal 3-month forward returns below:</p><p><blockquote>“文艺复兴宏观研究公司（Renaissance Macro Research）创始人杰夫-德格拉夫（Jeff deGraaf）在周四的一份报告中说：”我们现在正处于未来三个月市场季节性最弱的阶段，他指的是下面这张追踪季节性 3 个月远期回报率的图表：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ca9bfb57bece1c32df911d998c4de19\" tg-width=\"700\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>RENAISSANCE MACRO</span></p><p><blockquote><p class=\"t-img-caption\"><span>文艺复兴宏观</span></p></blockquote></p><p> “The data goes back to 1928 and is rarely a sufficient catalyst to make a call, but with breadth divergences, elevated sentiment, and peak-data we suspect seasonal patterns will be more typical than not,” he wrote.</p><p><blockquote>“他写道：”这些数据可以追溯到 1928 年，很少能成为做出看涨期权的足够催化剂，但由于广度差异、情绪高涨和数据高峰，我们怀疑季节性模式将更加典型。</blockquote></p><p> Seasonality refers to the tendency of markets to perform better or worse during certain periods of the year. It’s perhaps most famously illustrated by the stock-market adage, “sell in May and go away,,” which refers to the historical tendency for the stock market to perform better from November through April than from May through October.</p><p><blockquote>季节性是指市场在一年中的某些时期表现更好或更差的趋势。股市格言 “五月卖出，走开 ”也许最著名地说明了这一点，这句格言指的是股市从 11 月到 4 月的表现好于从 5 月到 10 月的历史趋势。</blockquote></p><p> As deGraaf indicated, such seasonal factors typically aren’t viewed as sufficient in themselves to justify making trading calls.</p><p><blockquote>正如德格拉夫所指出的，这些季节性因素本身通常不足以成为交易评级的理由。</blockquote></p><p> The Dow Jones Industrial Average,S&amp;P 500&nbsp;and Nasdaq Composite&nbsp;pulled back Tuesday after finishing at record levels in the previous session. Stocks were&nbsp;putting in a mixed performance&nbsp;on Wednesday.</p><p><blockquote>道琼斯工业平均指数、标准普尔500指数和纳斯达克综合指数在前一交易日收于创纪录水平后，周二回落。周三股市表现好坏参半。</blockquote></p><p> So what does he expect the next three months to look like?</p><p><blockquote>那么他预计接下来的三个月会是什么样子呢？</blockquote></p><p> “It’s likely to be a readjustment period, rotational and important to pay attention to relative strength changes,” he said.</p><p><blockquote>“他说：”这很可能是一个重新调整期，是一个轮换期，重要的是要注意相对实力的变化。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/stock-market-investors-are-staring-down-the-barrel-of-seasonal-weakness-for-next-3-months-11627482153?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/stock-market-investors-are-staring-down-the-barrel-of-seasonal-weakness-for-next-3-months-11627482153?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150368331","content_text":"Stock market likely to face ‘readjustment period’: deGraaf\nMidsummer blues? SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES\nIt’s the most unfavorable time of the year when it comes to stock-market “seasonality”, and while that’s usually not enough to dictate market calls, it’s worth paying attention to, a top Wall Street chart watcher warned on Wednesday.\n“We are now standing at the weakest point in market seasonality for the next three months,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Thursday note, referring to the chart tracking seasonal 3-month forward returns below:\nRENAISSANCE MACRO\n“The data goes back to 1928 and is rarely a sufficient catalyst to make a call, but with breadth divergences, elevated sentiment, and peak-data we suspect seasonal patterns will be more typical than not,” he wrote.\nSeasonality refers to the tendency of markets to perform better or worse during certain periods of the year. It’s perhaps most famously illustrated by the stock-market adage, “sell in May and go away,,” which refers to the historical tendency for the stock market to perform better from November through April than from May through October.\nAs deGraaf indicated, such seasonal factors typically aren’t viewed as sufficient in themselves to justify making trading calls.\nThe Dow Jones Industrial Average,S&P 500 and Nasdaq Composite pulled back Tuesday after finishing at record levels in the previous session. Stocks were putting in a mixed performance on Wednesday.\nSo what does he expect the next three months to look like?\n“It’s likely to be a readjustment period, rotational and important to pay attention to relative strength changes,” he said.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808982642,"gmtCreate":1627551281686,"gmtModify":1633763889823,"author":{"id":"4090643022997820","authorId":"4090643022997820","name":"6c5ea06a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090643022997820","idStr":"4090643022997820"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808982642","repostId":"2155990524","repostType":4,"isVote":1,"tweetType":1,"viewCount":1802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808986190,"gmtCreate":1627551189010,"gmtModify":1633763890655,"author":{"id":"4090643022997820","authorId":"4090643022997820","name":"6c5ea06a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090643022997820","idStr":"4090643022997820"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808986190","repostId":"1165497040","repostType":4,"isVote":1,"tweetType":1,"viewCount":1832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}