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AJ1977

AJ1977

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2022-02-20

Go go goo

What Warren Buffett Can Do to Ensure a Brighter Future for Berkshire Hathaway<blockquote>沃伦·巴菲特可以做些什么来确保伯克希尔·哈撒韦公司更光明的未来</blockquote>

2022-02-20

Go go go

JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023<blockquote>摩根大通目前预计美联储将在2023年3月之前连续九次加息</blockquote>

2021-12-18

Ggggggg

抱歉，原内容已删除

2021-12-08

Gggggg

@钞票厚厚滴:$富途控股(FUTU)$谁能告诉我怎么办[喷血] [喷血] [喷血] 两个月没看。

2021-12-07

Ggggggg

抱歉，原内容已删除

2021-11-24

Go go go

抱歉，原内容已删除

2021-11-13

$Paysafe Ltd(PSFE)$Keep adding! Cheap cheap!

2021-11-12

$Paysafe Ltd(PSFE)$Easily $4.70

2021-11-12

$Nano Dimension(NNDM)$Gggggg

2021-11-12

$Paysafe Ltd(PSFE)$Love the current price!!! Go go go! 50% profit cmin my way!!

2021-11-11

$Nano Dimension(NNDM)$Ggggggggg

2021-11-11

Gggggggg

2021-11-10

$Tiger Brokers(TIGR)$Gggggg

2021-11-10

Ggggggg

2021-11-09

$Clover Health Corp(CLOV)$Ggggggg

2021-11-09

Gggggggg

2021-11-08

Ggggg

抱歉，原内容已删除

2021-11-08

$Futu Holdings Limited(FUTU)$Ggggg

2021-11-08

Gggggg

2021-11-07

$Futu Holdings Limited(FUTU)$Ggggggg

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go goo","listText":"Go go goo","text":"Go go goo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/638207419","repostId":"1111287804","repostType":4,"repost":{"id":"1111287804","kind":"news","pubTimestamp":1645240974,"share":"https://www.laohu8.com/m/news/1111287804?lang=zh_CN&edition=full","pubTime":"2022-02-19 11:22","market":"us","language":"en","title":"What Warren Buffett Can Do to Ensure a Brighter Future for Berkshire Hathaway<blockquote>沃伦·巴菲特可以做些什么来确保伯克希尔·哈撒韦公司更光明的未来</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1111287804","media":"Barrons","summary":"It may be time for some changes at Berkshire Hathaway as CEO Warren Buffett starts to look ahead to ","content":"<p><html><head></head><body>It may be time for some changes at Berkshire Hathaway as CEO Warren Buffett starts to look ahead to his 92nd birthday later this year.</p><p><blockquote><html><head></head><body>随着首席执行官沃伦·巴菲特开始展望今年晚些时候的92岁生日，伯克希尔·哈撒韦公司可能是时候做出一些改变了。</body></html></blockquote></p><p>Berkshire investors are now awaiting Buffett’s annual shareholder letter, expected on Feb. 26, for insights into the company, financial markets, and American business. There is much more he could address.</p><p><blockquote>伯克希尔投资者目前正在等待巴菲特预计于2月26日发表的年度股东信，以深入了解公司、金融市场和美国业务。他还有更多可以解决的问题。</blockquote></p><p>Over 57 years, Buffett built Berkshire Hathaway (ticker: BRK.A and BRK.B) into a company with a $700 billion market value—sixth in the U.S. market—and $27 billion of annual operating earnings. Yet our view has been that he now needs to do more to prepare for the transition to a new generation of leadership at Berkshire.</p><p><blockquote>57年来，巴菲特将伯克希尔哈撒韦公司（股票代码：BRK.A和BRK.B）打造成一家市值7000亿美元（在美国市场排名第六）、年营业收入270亿美元的公司。然而，我们的观点是，他现在需要做更多的工作，为伯克希尔向新一代领导层的过渡做好准备。</blockquote></p><p>Stepping down as CEO while remaining chairman would allow his heir apparent, Greg Abel, to demonstrate that he can handle the tough job of running a giant conglomerate.</p><p><blockquote>辞去首席执行官一职，同时继续担任董事长，这将使他的法定继承人格雷格·阿贝尔（Greg Abel）能够证明他能够胜任经营一家大型企业集团的艰巨工作。</blockquote></p><p>At a time when investors favor more-focused businesses, there will be pressure almost immediately to break up the company, post-Buffett. Keeping Berkshire together, Buffett has said, provides tax and other benefits. </p><p><blockquote>在投资者青睐更专注的业务之际，在巴菲特之后，几乎立即就会面临拆分公司的压力。巴菲特表示，将伯克希尔保持在一起可以提供税收和其他好处。</blockquote></p><p><img src=\"https://static.tigerbbs.com/acc0a1951c440e2a4ddf290dce6de826\" tg-width=\"950\" tg-height=\"634\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The past decade has been one of missed opportunities. The only major acquisition—a $32 billion deal for aircraft-parts maker Precision Castparts in 2016—has been a loser. Buffett has had two investment coups, a $31 billion investment in Apple (AAPL) that is up fivefold and an investment in Bank of America (BAC) now worth about $50 billion, up threefold.</p><p><blockquote>过去十年是错失良机的十年。唯一的重大收购——2016年以320亿美元收购飞机零部件制造商Precision Castparts的交易——失败了。巴菲特有过两次投资妙招，对苹果(AAPL)的投资310亿美元，增长了五倍；对美银(BAC)的投资现在价值约500亿美元，增长了三倍。</blockquote></p><p>In recent years, however, he has turned very cautious as an investor. He failed to capitalize on the pandemic-driven selloff in stocks, ignoring his own maxim to “befearful when others are greedy and to be greedy only when others are fearful.”</p><p><blockquote>然而，近年来，作为投资者，他变得非常谨慎。他未能利用大流行引发的股市抛售，忽视了自己的格言“当别人贪婪时要恐惧，只有当别人恐惧时才贪婪”。</blockquote></p><p>Since March 2020, Berkshire has been a net seller of stocks, including a badly timed near-complete liquidation of an 8% holding in Wells Fargo (WFC) at what we estimate was half of Wells Fargo’s current price of $56—leaving $10 billion on the table. The only major purchase, an $8 billion buy of Verizon Communications (VZ), is down 10% from Berkshire’s cost.</p><p><blockquote>自2020年3月以来，伯克希尔哈撒韦一直是股票的净卖家，包括不合时宜地几乎完全清算了富国银行(WFC)8%的股份，我们估计这是富国银行目前56美元价格的一半，剩下100亿美元在桌子上。唯一的重大收购是以80亿美元收购Verizon Communications(VZ)，比伯克希尔哈撒韦的成本下降了10%。</blockquote></p><p>Yet Buffett has two capable lieutenants, Todd Combs and Ted Weschler, who each manage about 5% of Berkshire’s $325 billion equity portfolio. Let them run more of it.</p><p><blockquote>然而，巴菲特有两位能干的副手，托德·库姆斯和泰德·韦施勒，他们各自管理着伯克希尔3250亿美元股票投资组合的约5%。让他们多跑一点。</blockquote></p><p>“Turn Weschler loose; he has the skills,” says Bill Smead, lead manager of the Smead Value fund. He cites Weschler’s success in building a $264 million Roth IRA portfolio from less than $100,000.</p><p><blockquote>“放开韦施勒；他有技能，”斯米德价值基金首席经理比尔·斯米德说。他引用了韦施勒成功地从不到10万美元建立了2.64亿美元的Roth IRA投资组合。</blockquote></p><p>Buffett also will not pay a dividend and has instead ramped up share repurchases since mid-2020, buying back about $40 billion of stock, or 6% of the company’s market value.</p><p><blockquote>巴菲特也不会支付股息，而是自2020年中期以来加大了股票回购力度，回购了约400亿美元的股票，占公司市值的6%。</blockquote></p><p>Berkshire stock is back in favor with investors and has returned 29% in the past year, nearly double the return on the S&amp;P 500 index. That may reflect a renewed investor interest in value-oriented stocks, the company’s aggressive stock repurchase program, and its broad exposure to an improving U.S. economy.</p><p><blockquote>Berkshire股票重新受到投资者青睐，过去一年的回报率为29%，几乎是标普500指数回报率的两倍。这可能反映了投资者对价值导向型股票的重新兴趣、该公司积极的股票回购计划以及对美国经济改善的广泛敞口。</blockquote></p><p>Berkshire was a <i>Barron’s</i> top stock pick for 2022, and the Class B shares, now around $315, still look attractive, trading for about 1.4 times estimated year-end 2021 book value.</p><p><blockquote>伯克希尔是一家<i>巴伦周刊</i>2022年首选股票，B类股目前约为315美元，看起来仍然很有吸引力，交易价格约为2021年底预计账面价值的1.4倍。</blockquote></p><p>While Berkshire has beaten the S&amp;P in the past 12 months, it’s behind the index over the past five years, even with it over 10 years, and narrowly ahead over 20 years.</p><p><blockquote>虽然伯克希尔哈撒韦在过去12个月里跑赢了标准普尔指数，但在过去5年里，即使超过10年，它也落后于该指数，并且在20年里以微弱优势领先。</blockquote></p><p>Berkshire’s annual meeting on April 30 will be the first in-person gathering in Omaha, Neb., after two years of virtual events. Hearing from Berkshire’s top managers would be a welcome change. They include Abel, who oversees the company’s vast noninsurance operations, and Ajit Jain, who heads its insurance businesses.</p><p><blockquote>伯克希尔4月30日的年会将是两年虚拟活动后在内布拉斯加州奥马哈举行的首次面对面聚会。听到伯克希尔高层管理人员的意见将是一个受欢迎的变化。其中包括负责公司庞大非保险业务的阿贝尔和负责保险业务的阿吉特·贾恩。</blockquote></p><p>Big, diversified companies like Berkshire invariably pay dividends. If Berkshire had one, there would be huge demand for the shares from income-oriented investors.</p><p><blockquote>像伯克希尔这样的大型多元化公司总是支付股息。如果伯克希尔拥有一只股票，以收入为导向的投资者将会对这些股票有巨大的需求。</blockquote></p><p>“A 1.5%-to-2% dividend wouldn’t be an extraordinary commitment for the company, and it would be viewed positively by many investors,” says Jim Shanahan, an analyst at Edward Jones who has a Buy rating on the stock.</p><p><blockquote>爱德华·琼斯(Edward Jones)分析师吉姆·沙纳汉(Jim Shanahan)对该股给予买入评级，他表示：“1.5%至2%的股息对公司来说并不是一个非凡的承诺，而且许多投资者都会对此持积极看法。”</blockquote></p><p>Buffett has said Berkshire’s shareholder base doesn’t want a dividend and points to an overwhelming vote against one in 2014.</p><p><blockquote>巴菲特曾表示，伯克希尔的股东不想要股息，并指出2014年以压倒性多数投票反对股息。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f75d05f0b07004a98343c1163e4c3ea4\" tg-width=\"1018\" tg-height=\"586\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>Berkshire is daunting for investors to analyze and understand, given its complex insurance operations, dozens of businesses, and sometimes limited financial disclosure. Many investors own the stock because they want to invest alongside Buffett.</p><p><blockquote>鉴于伯克希尔复杂的保险业务、数十项业务以及有时有限的财务披露，投资者很难分析和理解伯克希尔。许多投资者持有该股票是因为他们想与巴菲特一起投资。</blockquote></p><p>Berkshire will need a new investment rationale after him. An investor day to highlight important businesses like Geico and Burlington Northern Santa Fe would help greatly.</p><p><blockquote>在他之后，伯克希尔将需要一个新的投资理由。投资者日突出Geico和Burlington Northern Santa Fe等重要企业将有很大帮助。</blockquote></p><p>Buffett is a venerable figure, like Queen Elizabeth II. Just as the British monarchy will face challenges after her death, so will Berkshire after Buffett.</p><p><blockquote>巴菲特是一位受人尊敬的人物，就像英国女王伊丽莎白二世一样。正如她去世后英国君主制将面临挑战一样，巴菲特之后的伯克希尔也将面临挑战。</blockquote></p><p></p><p>Better to start preparing now, rather than hoping that things fall into place later.</p><p><blockquote>最好现在就开始准备，而不是希望以后事情会水到渠成。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Warren Buffett Can Do to Ensure a Brighter Future for Berkshire Hathaway<blockquote>沃伦·巴菲特可以做些什么来确保伯克希尔·哈撒韦公司更光明的未来</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 Warren Buffett Can Do to Ensure a Brighter Future for Berkshire Hathaway<blockquote>沃伦·巴菲特可以做些什么来确保伯克希尔·哈撒韦公司更光明的未来</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2022-02-19 11:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It may be time for some changes at Berkshire Hathaway as CEO Warren Buffett starts to look ahead to his 92nd birthday later this year.</p><p><blockquote><html><head></head><body>随着首席执行官沃伦·巴菲特开始展望今年晚些时候的92岁生日，伯克希尔·哈撒韦公司可能是时候做出一些改变了。</body></html></blockquote></p><p>Berkshire investors are now awaiting Buffett’s annual shareholder letter, expected on Feb. 26, for insights into the company, financial markets, and American business. There is much more he could address.</p><p><blockquote>伯克希尔投资者目前正在等待巴菲特预计于2月26日发表的年度股东信，以深入了解公司、金融市场和美国业务。他还有更多可以解决的问题。</blockquote></p><p>Over 57 years, Buffett built Berkshire Hathaway (ticker: BRK.A and BRK.B) into a company with a $700 billion market value—sixth in the U.S. market—and $27 billion of annual operating earnings. Yet our view has been that he now needs to do more to prepare for the transition to a new generation of leadership at Berkshire.</p><p><blockquote>57年来，巴菲特将伯克希尔哈撒韦公司（股票代码：BRK.A和BRK.B）打造成一家市值7000亿美元（在美国市场排名第六）、年营业收入270亿美元的公司。然而，我们的观点是，他现在需要做更多的工作，为伯克希尔向新一代领导层的过渡做好准备。</blockquote></p><p>Stepping down as CEO while remaining chairman would allow his heir apparent, Greg Abel, to demonstrate that he can handle the tough job of running a giant conglomerate.</p><p><blockquote>辞去首席执行官一职，同时继续担任董事长，这将使他的法定继承人格雷格·阿贝尔（Greg Abel）能够证明他能够胜任经营一家大型企业集团的艰巨工作。</blockquote></p><p>At a time when investors favor more-focused businesses, there will be pressure almost immediately to break up the company, post-Buffett. Keeping Berkshire together, Buffett has said, provides tax and other benefits. </p><p><blockquote>在投资者青睐更专注的业务之际，在巴菲特之后，几乎立即就会面临拆分公司的压力。巴菲特表示，将伯克希尔保持在一起可以提供税收和其他好处。</blockquote></p><p><img src=\"https://static.tigerbbs.com/acc0a1951c440e2a4ddf290dce6de826\" tg-width=\"950\" tg-height=\"634\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>The past decade has been one of missed opportunities. The only major acquisition—a $32 billion deal for aircraft-parts maker Precision Castparts in 2016—has been a loser. Buffett has had two investment coups, a $31 billion investment in Apple (AAPL) that is up fivefold and an investment in Bank of America (BAC) now worth about $50 billion, up threefold.</p><p><blockquote>过去十年是错失良机的十年。唯一的重大收购——2016年以320亿美元收购飞机零部件制造商Precision Castparts的交易——失败了。巴菲特有过两次投资妙招，对苹果(AAPL)的投资310亿美元，增长了五倍；对美银(BAC)的投资现在价值约500亿美元，增长了三倍。</blockquote></p><p>In recent years, however, he has turned very cautious as an investor. He failed to capitalize on the pandemic-driven selloff in stocks, ignoring his own maxim to “befearful when others are greedy and to be greedy only when others are fearful.”</p><p><blockquote>然而，近年来，作为投资者，他变得非常谨慎。他未能利用大流行引发的股市抛售，忽视了自己的格言“当别人贪婪时要恐惧，只有当别人恐惧时才贪婪”。</blockquote></p><p>Since March 2020, Berkshire has been a net seller of stocks, including a badly timed near-complete liquidation of an 8% holding in Wells Fargo (WFC) at what we estimate was half of Wells Fargo’s current price of $56—leaving $10 billion on the table. The only major purchase, an $8 billion buy of Verizon Communications (VZ), is down 10% from Berkshire’s cost.</p><p><blockquote>自2020年3月以来，伯克希尔哈撒韦一直是股票的净卖家，包括不合时宜地几乎完全清算了富国银行(WFC)8%的股份，我们估计这是富国银行目前56美元价格的一半，剩下100亿美元在桌子上。唯一的重大收购是以80亿美元收购Verizon Communications(VZ)，比伯克希尔哈撒韦的成本下降了10%。</blockquote></p><p>Yet Buffett has two capable lieutenants, Todd Combs and Ted Weschler, who each manage about 5% of Berkshire’s $325 billion equity portfolio. Let them run more of it.</p><p><blockquote>然而，巴菲特有两位能干的副手，托德·库姆斯和泰德·韦施勒，他们各自管理着伯克希尔3250亿美元股票投资组合的约5%。让他们多跑一点。</blockquote></p><p>“Turn Weschler loose; he has the skills,” says Bill Smead, lead manager of the Smead Value fund. He cites Weschler’s success in building a $264 million Roth IRA portfolio from less than $100,000.</p><p><blockquote>“放开韦施勒；他有技能，”斯米德价值基金首席经理比尔·斯米德说。他引用了韦施勒成功地从不到10万美元建立了2.64亿美元的Roth IRA投资组合。</blockquote></p><p>Buffett also will not pay a dividend and has instead ramped up share repurchases since mid-2020, buying back about $40 billion of stock, or 6% of the company’s market value.</p><p><blockquote>巴菲特也不会支付股息，而是自2020年中期以来加大了股票回购力度，回购了约400亿美元的股票，占公司市值的6%。</blockquote></p><p>Berkshire stock is back in favor with investors and has returned 29% in the past year, nearly double the return on the S&amp;P 500 index. That may reflect a renewed investor interest in value-oriented stocks, the company’s aggressive stock repurchase program, and its broad exposure to an improving U.S. economy.</p><p><blockquote>Berkshire股票重新受到投资者青睐，过去一年的回报率为29%，几乎是标普500指数回报率的两倍。这可能反映了投资者对价值导向型股票的重新兴趣、该公司积极的股票回购计划以及对美国经济改善的广泛敞口。</blockquote></p><p>Berkshire was a <i>Barron’s</i> top stock pick for 2022, and the Class B shares, now around $315, still look attractive, trading for about 1.4 times estimated year-end 2021 book value.</p><p><blockquote>伯克希尔是一家<i>巴伦周刊</i>2022年首选股票，B类股目前约为315美元，看起来仍然很有吸引力，交易价格约为2021年底预计账面价值的1.4倍。</blockquote></p><p>While Berkshire has beaten the S&amp;P in the past 12 months, it’s behind the index over the past five years, even with it over 10 years, and narrowly ahead over 20 years.</p><p><blockquote>虽然伯克希尔哈撒韦在过去12个月里跑赢了标准普尔指数，但在过去5年里，即使超过10年，它也落后于该指数，并且在20年里以微弱优势领先。</blockquote></p><p>Berkshire’s annual meeting on April 30 will be the first in-person gathering in Omaha, Neb., after two years of virtual events. Hearing from Berkshire’s top managers would be a welcome change. They include Abel, who oversees the company’s vast noninsurance operations, and Ajit Jain, who heads its insurance businesses.</p><p><blockquote>伯克希尔4月30日的年会将是两年虚拟活动后在内布拉斯加州奥马哈举行的首次面对面聚会。听到伯克希尔高层管理人员的意见将是一个受欢迎的变化。其中包括负责公司庞大非保险业务的阿贝尔和负责保险业务的阿吉特·贾恩。</blockquote></p><p>Big, diversified companies like Berkshire invariably pay dividends. If Berkshire had one, there would be huge demand for the shares from income-oriented investors.</p><p><blockquote>像伯克希尔这样的大型多元化公司总是支付股息。如果伯克希尔拥有一只股票，以收入为导向的投资者将会对这些股票有巨大的需求。</blockquote></p><p>“A 1.5%-to-2% dividend wouldn’t be an extraordinary commitment for the company, and it would be viewed positively by many investors,” says Jim Shanahan, an analyst at Edward Jones who has a Buy rating on the stock.</p><p><blockquote>爱德华·琼斯(Edward Jones)分析师吉姆·沙纳汉(Jim Shanahan)对该股给予买入评级，他表示：“1.5%至2%的股息对公司来说并不是一个非凡的承诺，而且许多投资者都会对此持积极看法。”</blockquote></p><p>Buffett has said Berkshire’s shareholder base doesn’t want a dividend and points to an overwhelming vote against one in 2014.</p><p><blockquote>巴菲特曾表示，伯克希尔的股东不想要股息，并指出2014年以压倒性多数投票反对股息。</blockquote></p><p><img src=\"https://static.tigerbbs.com/f75d05f0b07004a98343c1163e4c3ea4\" tg-width=\"1018\" tg-height=\"586\" width=\"100%\" height=\"auto\"/></p><p><blockquote></blockquote></p><p>Berkshire is daunting for investors to analyze and understand, given its complex insurance operations, dozens of businesses, and sometimes limited financial disclosure. Many investors own the stock because they want to invest alongside Buffett.</p><p><blockquote>鉴于伯克希尔复杂的保险业务、数十项业务以及有时有限的财务披露，投资者很难分析和理解伯克希尔。许多投资者持有该股票是因为他们想与巴菲特一起投资。</blockquote></p><p>Berkshire will need a new investment rationale after him. An investor day to highlight important businesses like Geico and Burlington Northern Santa Fe would help greatly.</p><p><blockquote>在他之后，伯克希尔将需要一个新的投资理由。投资者日突出Geico和Burlington Northern Santa Fe等重要企业将有很大帮助。</blockquote></p><p>Buffett is a venerable figure, like Queen Elizabeth II. Just as the British monarchy will face challenges after her death, so will Berkshire after Buffett.</p><p><blockquote>巴菲特是一位受人尊敬的人物，就像英国女王伊丽莎白二世一样。正如她去世后英国君主制将面临挑战一样，巴菲特之后的伯克希尔也将面临挑战。</blockquote></p><p></p><p>Better to start preparing now, rather than hoping that things fall into place later.</p><p><blockquote>最好现在就开始准备，而不是希望以后事情会水到渠成。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/what-warren-buffett-can-do-to-ensure-a-brighter-future-for-berkshire-hathaway-51645222075?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.barrons.com/articles/what-warren-buffett-can-do-to-ensure-a-brighter-future-for-berkshire-hathaway-51645222075?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111287804","content_text":"It may be time for some changes at Berkshire Hathaway as CEO Warren Buffett starts to look ahead to his 92nd birthday later this year.Berkshire investors are now awaiting Buffett’s annual shareholder letter, expected on Feb. 26, for insights into the company, financial markets, and American business. There is much more he could address.Over 57 years, Buffett built Berkshire Hathaway (ticker: BRK.A and BRK.B) into a company with a $700 billion market value—sixth in the U.S. market—and $27 billion of annual operating earnings. Yet our view has been that he now needs to do more to prepare for the transition to a new generation of leadership at Berkshire.Stepping down as CEO while remaining chairman would allow his heir apparent, Greg Abel, to demonstrate that he can handle the tough job of running a giant conglomerate.At a time when investors favor more-focused businesses, there will be pressure almost immediately to break up the company, post-Buffett. Keeping Berkshire together, Buffett has said, provides tax and other benefits. The past decade has been one of missed opportunities. The only major acquisition—a $32 billion deal for aircraft-parts maker Precision Castparts in 2016—has been a loser. Buffett has had two investment coups, a $31 billion investment in Apple (AAPL) that is up fivefold and an investment in Bank of America (BAC) now worth about $50 billion, up threefold.In recent years, however, he has turned very cautious as an investor. He failed to capitalize on the pandemic-driven selloff in stocks, ignoring his own maxim to “befearful when others are greedy and to be greedy only when others are fearful.”Since March 2020, Berkshire has been a net seller of stocks, including a badly timed near-complete liquidation of an 8% holding in Wells Fargo (WFC) at what we estimate was half of Wells Fargo’s current price of $56—leaving $10 billion on the table. The only major purchase, an $8 billion buy of Verizon Communications (VZ), is down 10% from Berkshire’s cost.Yet Buffett has two capable lieutenants, Todd Combs and Ted Weschler, who each manage about 5% of Berkshire’s $325 billion equity portfolio. Let them run more of it.“Turn Weschler loose; he has the skills,” says Bill Smead, lead manager of the Smead Value fund. He cites Weschler’s success in building a $264 million Roth IRA portfolio from less than $100,000.Buffett also will not pay a dividend and has instead ramped up share repurchases since mid-2020, buying back about $40 billion of stock, or 6% of the company’s market value.Berkshire stock is back in favor with investors and has returned 29% in the past year, nearly double the return on the S&P 500 index. That may reflect a renewed investor interest in value-oriented stocks, the company’s aggressive stock repurchase program, and its broad exposure to an improving U.S. economy.Berkshire was a Barron’s top stock pick for 2022, and the Class B shares, now around $315, still look attractive, trading for about 1.4 times estimated year-end 2021 book value.While Berkshire has beaten the S&P in the past 12 months, it’s behind the index over the past five years, even with it over 10 years, and narrowly ahead over 20 years.Berkshire’s annual meeting on April 30 will be the first in-person gathering in Omaha, Neb., after two years of virtual events. Hearing from Berkshire’s top managers would be a welcome change. They include Abel, who oversees the company’s vast noninsurance operations, and Ajit Jain, who heads its insurance businesses.Big, diversified companies like Berkshire invariably pay dividends. If Berkshire had one, there would be huge demand for the shares from income-oriented investors.“A 1.5%-to-2% dividend wouldn’t be an extraordinary commitment for the company, and it would be viewed positively by many investors,” says Jim Shanahan, an analyst at Edward Jones who has a Buy rating on the stock.Buffett has said Berkshire’s shareholder base doesn’t want a dividend and points to an overwhelming vote against one in 2014.Berkshire is daunting for investors to analyze and understand, given its complex insurance operations, dozens of businesses, and sometimes limited financial disclosure. Many investors own the stock because they want to invest alongside Buffett.Berkshire will need a new investment rationale after him. An investor day to highlight important businesses like Geico and Burlington Northern Santa Fe would help greatly.Buffett is a venerable figure, like Queen Elizabeth II. Just as the British monarchy will face challenges after her death, so will Berkshire after Buffett.Better to start preparing now, rather than hoping that things fall into place later.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":3219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":638207509,"gmtCreate":1645318195406,"gmtModify":1645318196108,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574411684600657","authorIdStr":"3574411684600657"},"themes":[],"htmlText":"Go go go&nbsp;","listText":"Go go go&nbsp;","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/638207509","repostId":"1148786525","repostType":4,"repost":{"id":"1148786525","kind":"news","pubTimestamp":1645318213,"share":"https://www.laohu8.com/m/news/1148786525?lang=zh_CN&edition=full","pubTime":"2022-02-20 08:50","market":"us","language":"en","title":"JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023<blockquote>摩根大通目前预计美联储将在2023年3月之前连续九次加息</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148786525","media":"Barrons","summary":"Economists at JPMorgan Chase said the Federal Reserve would likely raise interest rates by 25 basis points at each of the future policy meetings until March 2023 in an effort to get soaring inflation ","content":"<p><html><head></head><body>Economists at JPMorgan Chase said the Federal Reserve would likely raise interest rates by 25 basis points at each of the future policy meetings until March 2023 in an effort to get soaring inflation under control. That would mean nine consecutive rate increases, to 2.25%, by March next year.</p><p><blockquote><html><head></head><body>摩根大通经济学家表示，美联储可能会在2023年3月之前的每次政策会议上加息25个基点，以控制飙升的通胀。这意味着到明年3月将连续九次加息，达到2.25%。</body></html></blockquote></p><p>The forecast came as U.S. consumer prices in January showed their biggest jump in four decades, triggering concerns about an overheated economy and sharp selloff of the stock market.</p><p><blockquote>这一预测发布之际，美国1月份消费者价格出现了四十年来的最大涨幅，引发了人们对经济过热和股市大幅抛售的担忧。</blockquote></p><p>A number of Federal Reserve officials have signaled the possibility of faster policy tightening in the past weeks. On Friday, Charles Evans, the president of the Federal Reserve Bank of Chicago, said the Fed needed a “substantial adjustment” of its “wrong-footed” monetary policy given the sharp increase of inflation.</p><p><blockquote>多位美联储官员在过去几周暗示了更快收紧政策的可能性。上周五，芝加哥联邦储备银行行长查尔斯·埃文斯表示，鉴于通胀急剧上升，美联储需要“大幅调整”其“失足”的货币政策。</blockquote></p><p>The challenges facing Fed Chairman Jerome Powell and the central bank are examined in the <i>Barron’s</i> cover story this weekend.</p><p><blockquote>美联储主席鲍威尔和央行面临的挑战在<i>巴伦周刊</i>这个周末的封面故事。</blockquote></p><p>The futures market is now priced for a 64% probability of a 25-basis-point rate boost at the next Fed meeting in March, and a 36% chance of an even more aggressive increase of 50 basis points.</p><p><blockquote>目前期货市场的定价是，美联储在3月份的下一次会议上加息25个基点的可能性为64%，更激进的加息50个基点的可能性为36%。</blockquote></p><p>Following the latest inflation readings, JPMorgan economists adjusted their global CPI forecast for the first quarter to 5.7% higher from the same period last year, up from the previous forecast of a 3.5% growth.</p><p><blockquote>在最新的通胀数据公布后，摩根大通经济学家将第一季度全球CPI预测调整为较去年同期上涨5.7%，高于此前预测的增长3.5%。</blockquote></p><p>“We now no longer see deceleration from last quarter’s near-record pace,” wrote the team led by chief economist Bruce Kasman in a research note.</p><p><blockquote>首席经济学家布鲁斯·卡斯曼(Bruce Kasman)领导的团队在一份研究报告中写道：“我们现在不再看到上个季度接近创纪录的增速有所放缓。”</blockquote></p><p>Although the recent price pressures in the energy sector will likely fade, recent data are pointing to broadening inflation and “a feedback loop taking hold between strong growth, cost pressures, and private sector behavior,” Kasman wrote.</p><p><blockquote>卡斯曼写道，尽管能源行业最近的价格压力可能会消退，但最近的数据表明通胀正在扩大，“强劲增长、成本压力和私营部门行为之间的反馈循环正在形成”。</blockquote></p><p>“We think the risk that central banks shift and perceive a need to generate slow growth—and the corresponding impact on global financial conditions—is now the most significant threat to an otherwise healthy global backdrop,” he wrote.</p><p><blockquote>他写道：“我们认为，央行转变并认为需要实现缓慢增长的风险——以及对全球金融状况的相应影响——现在是对健康的全球背景的最重大威胁。”</blockquote></p><p>JPMorgan isn’t the only bank on Wall Street predicting more aggressive rate hikes. Goldman Sachs is forecasting seven increases this year, up from its earlier prediction of five. Bank of America also increased its forecasts and now expects seven increases this year, or once at every meeting.</p><p><blockquote>摩根大通并不是华尔街唯一一家预测更激进加息的银行。高盛预测今年将增长七次，高于此前预测的五次。美国银行也上调了预测，目前预计今年加息七次，即每次会议加息一次。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023<blockquote>摩根大通目前预计美联储将在2023年3月之前连续九次加息</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\">\nJPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023<blockquote>摩根大通目前预计美联储将在2023年3月之前连续九次加息</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2022-02-20 08:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Economists at JPMorgan Chase said the Federal Reserve would likely raise interest rates by 25 basis points at each of the future policy meetings until March 2023 in an effort to get soaring inflation under control. That would mean nine consecutive rate increases, to 2.25%, by March next year.</p><p><blockquote><html><head></head><body>摩根大通经济学家表示，美联储可能会在2023年3月之前的每次政策会议上加息25个基点，以控制飙升的通胀。这意味着到明年3月将连续九次加息，达到2.25%。</body></html></blockquote></p><p>The forecast came as U.S. consumer prices in January showed their biggest jump in four decades, triggering concerns about an overheated economy and sharp selloff of the stock market.</p><p><blockquote>这一预测发布之际，美国1月份消费者价格出现了四十年来的最大涨幅，引发了人们对经济过热和股市大幅抛售的担忧。</blockquote></p><p>A number of Federal Reserve officials have signaled the possibility of faster policy tightening in the past weeks. On Friday, Charles Evans, the president of the Federal Reserve Bank of Chicago, said the Fed needed a “substantial adjustment” of its “wrong-footed” monetary policy given the sharp increase of inflation.</p><p><blockquote>多位美联储官员在过去几周暗示了更快收紧政策的可能性。上周五，芝加哥联邦储备银行行长查尔斯·埃文斯表示，鉴于通胀急剧上升，美联储需要“大幅调整”其“失足”的货币政策。</blockquote></p><p>The challenges facing Fed Chairman Jerome Powell and the central bank are examined in the <i>Barron’s</i> cover story this weekend.</p><p><blockquote>美联储主席鲍威尔和央行面临的挑战在<i>巴伦周刊</i>这个周末的封面故事。</blockquote></p><p>The futures market is now priced for a 64% probability of a 25-basis-point rate boost at the next Fed meeting in March, and a 36% chance of an even more aggressive increase of 50 basis points.</p><p><blockquote>目前期货市场的定价是，美联储在3月份的下一次会议上加息25个基点的可能性为64%，更激进的加息50个基点的可能性为36%。</blockquote></p><p>Following the latest inflation readings, JPMorgan economists adjusted their global CPI forecast for the first quarter to 5.7% higher from the same period last year, up from the previous forecast of a 3.5% growth.</p><p><blockquote>在最新的通胀数据公布后，摩根大通经济学家将第一季度全球CPI预测调整为较去年同期上涨5.7%，高于此前预测的增长3.5%。</blockquote></p><p>“We now no longer see deceleration from last quarter’s near-record pace,” wrote the team led by chief economist Bruce Kasman in a research note.</p><p><blockquote>首席经济学家布鲁斯·卡斯曼(Bruce Kasman)领导的团队在一份研究报告中写道：“我们现在不再看到上个季度接近创纪录的增速有所放缓。”</blockquote></p><p>Although the recent price pressures in the energy sector will likely fade, recent data are pointing to broadening inflation and “a feedback loop taking hold between strong growth, cost pressures, and private sector behavior,” Kasman wrote.</p><p><blockquote>卡斯曼写道，尽管能源行业最近的价格压力可能会消退，但最近的数据表明通胀正在扩大，“强劲增长、成本压力和私营部门行为之间的反馈循环正在形成”。</blockquote></p><p>“We think the risk that central banks shift and perceive a need to generate slow growth—and the corresponding impact on global financial conditions—is now the most significant threat to an otherwise healthy global backdrop,” he wrote.</p><p><blockquote>他写道：“我们认为，央行转变并认为需要实现缓慢增长的风险——以及对全球金融状况的相应影响——现在是对健康的全球背景的最重大威胁。”</blockquote></p><p>JPMorgan isn’t the only bank on Wall Street predicting more aggressive rate hikes. Goldman Sachs is forecasting seven increases this year, up from its earlier prediction of five. Bank of America also increased its forecasts and now expects seven increases this year, or once at every meeting.</p><p><blockquote>摩根大通并不是华尔街唯一一家预测更激进加息的银行。高盛预测今年将增长七次，高于此前预测的五次。美国银行也上调了预测，目前预计今年加息七次，即每次会议加息一次。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/jpmorgan-now-expects-nine-straight-fed-rate-increases-until-march-2023-51645298667?mod=hp_LEAD_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/jpmorgan-now-expects-nine-straight-fed-rate-increases-until-march-2023-51645298667?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148786525","content_text":"Economists at JPMorgan Chase said the Federal Reserve would likely raise interest rates by 25 basis points at each of the future policy meetings until March 2023 in an effort to get soaring inflation under control. That would mean nine consecutive rate increases, to 2.25%, by March next year.The forecast came as U.S. consumer prices in January showed their biggest jump in four decades, triggering concerns about an overheated economy and sharp selloff of the stock market.A number of Federal Reserve officials have signaled the possibility of faster policy tightening in the past weeks. On Friday, Charles Evans, the president of the Federal Reserve Bank of Chicago, said the Fed needed a “substantial adjustment” of its “wrong-footed” monetary policy given the sharp increase of inflation.The challenges facing Fed Chairman Jerome Powell and the central bank are examined in the Barron’s cover story this weekend.The futures market is now priced for a 64% probability of a 25-basis-point rate boost at the next Fed meeting in March, and a 36% chance of an even more aggressive increase of 50 basis points.Following the latest inflation readings, JPMorgan economists adjusted their global CPI forecast for the first quarter to 5.7% higher from the same period last year, up from the previous forecast of a 3.5% growth.“We now no longer see deceleration from last quarter’s near-record pace,” wrote the team led by chief economist Bruce Kasman in a research note.Although the recent price pressures in the energy sector will likely fade, recent data are pointing to broadening inflation and “a feedback loop taking hold between strong growth, cost pressures, and private sector behavior,” Kasman wrote.“We think the risk that central banks shift and perceive a need to generate slow growth—and the corresponding impact on global financial conditions—is now the most significant threat to an otherwise healthy global backdrop,” he wrote.JPMorgan isn’t the only bank on Wall Street predicting more aggressive rate hikes. Goldman Sachs is forecasting seven increases this year, up from its earlier prediction of five. 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The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p><p><blockquote>软件巨头<b><a href=\"https://laohu8.com/S/ADBE\">土坯</a></b>一位高管表示，随着Covid-19大流行消退，经济重新开放，该公司正在受益。该公司的季度报告证明了这一点。ADBE股价周五上涨。</blockquote></p><p> The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p><p><blockquote>这家数字媒体和营销软件制造商周四晚些时候公布的第二财季收益轻松超出预期。Adobe还指导了本季度的上述观点。</blockquote></p><p> The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p><p><blockquote>这家总部位于加利福尼亚州圣何塞的公司在截至6月4日的季度销售额为38.4亿美元，调整后每股收益为3.03美元。与去年同期相比，Adobe盈利增长24%，销售额增长23%。</blockquote></p><p> For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p><p><blockquote>Adobe预计本季度调整后每股收益为3美元，增长17%，销售额为38.8亿美元，增长20%。</blockquote></p><p> <h2>ADBE Stock Rises After Earnings Report</h2> In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p><p><blockquote><h2>ADBE股价在收益报告后上涨</h2>今天股市早盘交易中，ADBE股价上涨2.2%，接近563.35点。盘中早些时候，ADBE股价创下570点的历史新高。</blockquote></p><p> \"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p><p><blockquote>“我们的三项业务——创意云、文档云和<a href=\"https://laohu8.com/S/EXP.AU\">经验</a>云——本季度刚刚以出色的表现击败了它，”首席财务官约翰·墨菲(John Murphy)告诉《投资者商业日报》。“以个性化方式进行内容创作和客户体验参与正在我们所有业务中引起共鸣。它确实推动了业务的发展势头和加速。”</blockquote></p><p> That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p><p><blockquote>墨菲表示，这种势头将在该公司季节性疲软的第三财季持续下去。本季度包括夏季的六月、七月和八月。</blockquote></p><p> \"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p><p><blockquote>墨菲表示：“宏观经济稳定给了很多企业再次投资的信心。”“企业正在优先考虑数字化转型。”</blockquote></p><p> The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p><p><blockquote>他表示，疫情过后经济的重新开放和重返办公室应该会为Adobe的业务提供推动力。</blockquote></p><p> <h2>Analysts Raise Price Targets On Adobe Stock</h2> At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p><p><blockquote><h2>分析师提高Adobe股票的目标价</h2>财报发布后，至少15名华尔街分析师上调了ADBE股票的目标价。</blockquote></p><p> Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p><p><blockquote>瑞穗证券分析师Gregg Moskowitz重申了对ADBE股票的买入评级，并将目标价从600点上调至640点。</blockquote></p><p> \"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p><p><blockquote>莫斯科维茨在给客户的一份报告中表示：“Adobe广泛的软件解决方案组合使其成为内容创建、消费和协作的黄金标准。”“Adobe凭借其全面的端到端产品使其与竞争对手区分开来，处于有利地位，可以从数字化转型中受益。”</blockquote></p><p> On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p><p><blockquote>根据IBD MarketSmith图表，6月11日，ADBE股票突破了40周的盘整期，买入点为536.98。</blockquote></p><p> However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p><p><blockquote>然而，IBD排行榜分析为投资者提供了较大盘整格局中杯基的早期买入点525.54。</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>Adobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</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; 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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\">\nAdobe Getting Lift From Economic Reopening Post-Pandemic<blockquote>Adobe从大流行后经济重新开放中获得提振</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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time smaller\">2021-06-18 23:28</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p><p><blockquote>软件巨头<b><a href=\"https://laohu8.com/S/ADBE\">土坯</a></b>一位高管表示，随着Covid-19大流行消退，经济重新开放，该公司正在受益。该公司的季度报告证明了这一点。ADBE股价周五上涨。</blockquote></p><p> The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p><p><blockquote>这家数字媒体和营销软件制造商周四晚些时候公布的第二财季收益轻松超出预期。Adobe还指导了本季度的上述观点。</blockquote></p><p> The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p><p><blockquote>这家总部位于加利福尼亚州圣何塞的公司在截至6月4日的季度销售额为38.4亿美元，调整后每股收益为3.03美元。与去年同期相比，Adobe盈利增长24%，销售额增长23%。</blockquote></p><p> For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p><p><blockquote>Adobe预计本季度调整后每股收益为3美元，增长17%，销售额为38.8亿美元，增长20%。</blockquote></p><p> <h2>ADBE Stock Rises After Earnings Report</h2> In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p><p><blockquote><h2>ADBE股价在收益报告后上涨</h2>今天股市早盘交易中，ADBE股价上涨2.2%，接近563.35点。盘中早些时候，ADBE股价创下570点的历史新高。</blockquote></p><p> \"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p><p><blockquote>“我们的三项业务——创意云、文档云和<a href=\"https://laohu8.com/S/EXP.AU\">经验</a>云——本季度刚刚以出色的表现击败了它，”首席财务官约翰·墨菲(John Murphy)告诉《投资者商业日报》。“以个性化方式进行内容创作和客户体验参与正在我们所有业务中引起共鸣。它确实推动了业务的发展势头和加速。”</blockquote></p><p> That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p><p><blockquote>墨菲表示，这种势头将在该公司季节性疲软的第三财季持续下去。本季度包括夏季的六月、七月和八月。</blockquote></p><p> \"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p><p><blockquote>墨菲表示：“宏观经济稳定给了很多企业再次投资的信心。”“企业正在优先考虑数字化转型。”</blockquote></p><p> The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p><p><blockquote>他表示，疫情过后经济的重新开放和重返办公室应该会为Adobe的业务提供推动力。</blockquote></p><p> <h2>Analysts Raise Price Targets On Adobe Stock</h2> At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p><p><blockquote><h2>分析师提高Adobe股票的目标价</h2>财报发布后，至少15名华尔街分析师上调了ADBE股票的目标价。</blockquote></p><p> Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p><p><blockquote>瑞穗证券分析师Gregg Moskowitz重申了对ADBE股票的买入评级，并将目标价从600点上调至640点。</blockquote></p><p> \"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p><p><blockquote>莫斯科维茨在给客户的一份报告中表示：“Adobe广泛的软件解决方案组合使其成为内容创建、消费和协作的黄金标准。”“Adobe凭借其全面的端到端产品使其与竞争对手区分开来，处于有利地位，可以从数字化转型中受益。”</blockquote></p><p> On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p><p><blockquote>根据IBD MarketSmith图表，6月11日，ADBE股票突破了40周的盘整期，买入点为536.98。</blockquote></p><p> However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p><p><blockquote>然而，IBD排行榜分析为投资者提供了较大盘整格局中杯基的早期买入点525.54。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144774740","content_text":"Software giant Adobe is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.\nThe maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.\nThe San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.\nFor the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.\nADBE Stock Rises After Earnings Report\nIn morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.\n\"All three of our businesses — Creative Cloud, Document Cloud and Experience Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"\nThat momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.\n\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"\nThe reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.\nAnalysts Raise Price Targets On Adobe Stock\nAt least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.\nMizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.\n\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"\nOn June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.\nHowever, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165647305,"gmtCreate":1624141386407,"gmtModify":1631884408429,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CSCW\">$Color Star Technology Co. 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Thks!","listText":"Pls give me 10 comments and 10likes. I will do the same. Thks!","text":"Pls give me 10 comments and 10likes. I will do the same. Thks!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/165644557","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164516677,"gmtCreate":1624229222999,"gmtModify":1634009383432,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"Pls give me 10 comments &amp; likes from 10 different accounts. Thks!","listText":"Pls give me 10 comments &amp; likes from 10 different accounts. 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Like & comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/108951873","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183720679,"gmtCreate":1623361646591,"gmtModify":1634034299310,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Gggggg","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Gggggg","text":"$Clover Health Corp(CLOV)$Gggggg","images":[{"img":"https://static.tigerbbs.com/f6ab0bc27c6238bf33a4c80adb4951c8","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/183720679","isVote":1,"tweetType":1,"viewCount":1283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190332451,"gmtCreate":1620597766073,"gmtModify":1634197921017,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"COINBASE results this week. Confirm up before actual day. Watch.","listText":"COINBASE results this week. Confirm up before actual day. Watch.","text":"COINBASE results this week. Confirm up before actual day. Watch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/190332451","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107282148,"gmtCreate":1620511747984,"gmtModify":1634198395027,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/107282148","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379550367,"gmtCreate":1618782166859,"gmtModify":1634291034619,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"Apple!","listText":"Apple!","text":"Apple!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/379550367","repostId":"1175692875","repostType":4,"repost":{"id":"1175692875","kind":"news","pubTimestamp":1618582708,"share":"https://www.laohu8.com/m/news/1175692875?lang=zh_CN&edition=full","pubTime":"2021-04-16 22:18","market":"us","language":"en","title":"$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1175692875","media":"zerohedge","summary":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire","content":"<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.</p><p><blockquote>虽然这不是四（甚至三）巫术日，但今天的大量每周期权将到期，其中可能一文不值，其他期权将为基础价格提供支持“引脚”。这就是为什么，尽管我们正在享受一个美丽的春季周，高盛指出，单一股票期权交易活动相对于历史水平有所上升。也就是说，4月份每日期权交易量增长了70%，高于3月30日年初至今24亿美元的低点。</blockquote></p><p><b>In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.</b>As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.</p><p><blockquote><b>总体而言，单个股票中有5440亿美元的期权将于今天到期，其中包括3050亿美元的评级。</b>因此，今天的到期对于平值（ATM）期权持有大量未平仓合约的股票可能很重要，因为做市商对其异常大的期权投资组合进行delta对冲将会很活跃。这种流动可能会抑制某些股票的波动，同时加剧其他股票的股价波动。</blockquote></p><p>How to trade this?</p><p><blockquote>这个怎么交易？</blockquote></p><p>As Goldman's Vishal Vivek writes, at major expirations, options traders track situations where<b>a large amount of open interest is set to expire.</b>In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.</p><p><blockquote>正如高盛的维沙尔·维韦克（Vishal Vivek）所写，在重大到期时，期权交易者会跟踪以下情况：<b>大量未平仓合约即将到期。</b>在平价执行（执行价格等于或非常接近当前股价）中存在大量到期未平仓合约的情况下，delta对冲活动可能会影响标的股票当天的交易。如果做市商或其他对其头寸进行delta对冲的期权交易者是净多头ATM期权，则与到期相关的流量可能会产生抑制股价走势的效果，导致股价以大量未平仓合约在行权附近结算。这种情况通常被称为“pin”，对于试图进入/退出股票头寸的大型投资者来说是理想的情况。或者，如果delta对冲者是ATM期权的净空头（具有“负伽马”头寸），他们的对冲活动可能会加剧股价波动。</blockquote></p><p>What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.</p><p><blockquote>这意味着与到期相关的交易可能会导致具有大量ATM未平仓合约的股票的交易活动大幅回升。</blockquote></p><p>So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"<i>expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"</i></p><p><blockquote>因此，为了帮助寻求日内交易机会的交易者，这里有一个表格，列出了今天到期的ATM未平仓合约较大的可能焦点股票，并与标的股票的日均交易量进行了比较。正如高盛所说，“<i>如果未平仓合约占股票交易量的很大一部分，那么与到期相关的活动可能会产生更大的影响。”</i></blockquote></p><p><img src=\"https://static.tigerbbs.com/0dac61cb87c2f2700d8a0e8e64324f81\" tg-width=\"500\" tg-height=\"638\" referrerpolicy=\"no-referrer\">Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"</p><p><blockquote>最后，值得一提的是，今天早上我们在SpotGamma的朋友写道，这是一个相当奇怪的运营支出周期，“持续的几乎机械的出价推动市场走高。我们以前从未见过看涨期权墙“突破”过很多次，但我们在之前的笔记中提到过其他异常现象，例如净看跌期权销售。我们对此有一些理论，我们将在一篇更长的文章中发布。”</blockquote></p><p>According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).<b>These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX&nbsp; (i.e. implied volatility) reversed.</b></p><p><blockquote>根据SG的说法，由于隐含波动率现在已经压缩（即VIX处于新低），现在“长期”波动的潜力更大。回想一下最近市场的任何剧烈下跌都是如何被如此迅速地买入的（见下图）。<b>这些大幅走低与创纪录的VIX飙升同时发生，但随着VIX（即隐含波动率）的逆转，反射性的snap回调将带来同等力度的市场复苏。</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/ae7a60d873792b825bdda669cafa0ed3\" tg-width=\"500\" tg-height=\"297\" referrerpolicy=\"no-referrer\">And one other curious observation from SpotGamma:</p><p><blockquote>SpotGamma的另一个奇怪观察：</blockquote></p><p>When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. <b>We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.</b>With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.&nbsp; Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.&nbsp; Additionally, gamma is higher when IV is lower so gamma flips may have more juice.</p><p><blockquote>当隐含波动率非常高时，它对市场走势非常敏感，也表明市场预计未来会有更大的波动。一旦市场暂停或抓住支撑位，隐含波动率就会迅速反转走低。<b>我们经常想到这样一个类比，如果鲨鱼停止游泳，它就会下沉（部分正确！）.如果市场停止下跌，那么隐含波动率就会下降。</b>正如我们经常谈论的那样，较低的隐含波动率（即较低的VIX）表明做市商必须回购空头对冲，从而推动反弹。SG的结论是：目前较低的隐含波动率水平给了市场更多的下行火力。从较低的隐含波动率开始会“减缓”反应性的“snap回”购买机制。此外，当IV较低时，伽马较高，因此伽马翻转可能有更多的果汁。</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>$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</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\">\n$544 Billion In Options Expire Today: Here's What Will Move<blockquote>5440亿美元期权今天到期：以下是将发生的变化</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-04-16 22:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.</p><p><blockquote>虽然这不是四（甚至三）巫术日，但今天的大量每周期权将到期，其中可能一文不值，其他期权将为基础价格提供支持“引脚”。这就是为什么，尽管我们正在享受一个美丽的春季周，高盛指出，单一股票期权交易活动相对于历史水平有所上升。也就是说，4月份每日期权交易量增长了70%，高于3月30日年初至今24亿美元的低点。</blockquote></p><p><b>In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.</b>As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.</p><p><blockquote><b>总体而言，单个股票中有5440亿美元的期权将于今天到期，其中包括3050亿美元的评级。</b>因此，今天的到期对于平值（ATM）期权持有大量未平仓合约的股票可能很重要，因为做市商对其异常大的期权投资组合进行delta对冲将会很活跃。这种流动可能会抑制某些股票的波动，同时加剧其他股票的股价波动。</blockquote></p><p>How to trade this?</p><p><blockquote>这个怎么交易？</blockquote></p><p>As Goldman's Vishal Vivek writes, at major expirations, options traders track situations where<b>a large amount of open interest is set to expire.</b>In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.</p><p><blockquote>正如高盛的维沙尔·维韦克（Vishal Vivek）所写，在重大到期时，期权交易者会跟踪以下情况：<b>大量未平仓合约即将到期。</b>在平价执行（执行价格等于或非常接近当前股价）中存在大量到期未平仓合约的情况下，delta对冲活动可能会影响标的股票当天的交易。如果做市商或其他对其头寸进行delta对冲的期权交易者是净多头ATM期权，则与到期相关的流量可能会产生抑制股价走势的效果，导致股价以大量未平仓合约在行权附近结算。这种情况通常被称为“pin”，对于试图进入/退出股票头寸的大型投资者来说是理想的情况。或者，如果delta对冲者是ATM期权的净空头（具有“负伽马”头寸），他们的对冲活动可能会加剧股价波动。</blockquote></p><p>What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.</p><p><blockquote>这意味着与到期相关的交易可能会导致具有大量ATM未平仓合约的股票的交易活动大幅回升。</blockquote></p><p>So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"<i>expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"</i></p><p><blockquote>因此，为了帮助寻求日内交易机会的交易者，这里有一个表格，列出了今天到期的ATM未平仓合约较大的可能焦点股票，并与标的股票的日均交易量进行了比较。正如高盛所说，“<i>如果未平仓合约占股票交易量的很大一部分，那么与到期相关的活动可能会产生更大的影响。”</i></blockquote></p><p><img src=\"https://static.tigerbbs.com/0dac61cb87c2f2700d8a0e8e64324f81\" tg-width=\"500\" tg-height=\"638\" referrerpolicy=\"no-referrer\">Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"</p><p><blockquote>最后，值得一提的是，今天早上我们在SpotGamma的朋友写道，这是一个相当奇怪的运营支出周期，“持续的几乎机械的出价推动市场走高。我们以前从未见过看涨期权墙“突破”过很多次，但我们在之前的笔记中提到过其他异常现象，例如净看跌期权销售。我们对此有一些理论，我们将在一篇更长的文章中发布。”</blockquote></p><p>According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).<b>These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX&nbsp; (i.e. implied volatility) reversed.</b></p><p><blockquote>根据SG的说法，由于隐含波动率现在已经压缩（即VIX处于新低），现在“长期”波动的潜力更大。回想一下最近市场的任何剧烈下跌都是如何被如此迅速地买入的（见下图）。<b>这些大幅走低与创纪录的VIX飙升同时发生，但随着VIX（即隐含波动率）的逆转，反射性的snap回调将带来同等力度的市场复苏。</b></blockquote></p><p><img src=\"https://static.tigerbbs.com/ae7a60d873792b825bdda669cafa0ed3\" tg-width=\"500\" tg-height=\"297\" referrerpolicy=\"no-referrer\">And one other curious observation from SpotGamma:</p><p><blockquote>SpotGamma的另一个奇怪观察：</blockquote></p><p>When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. <b>We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.</b>With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.&nbsp; Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.&nbsp; Additionally, gamma is higher when IV is lower so gamma flips may have more juice.</p><p><blockquote>当隐含波动率非常高时，它对市场走势非常敏感，也表明市场预计未来会有更大的波动。一旦市场暂停或抓住支撑位，隐含波动率就会迅速反转走低。<b>我们经常想到这样一个类比，如果鲨鱼停止游泳，它就会下沉（部分正确！）.如果市场停止下跌，那么隐含波动率就会下降。</b>正如我们经常谈论的那样，较低的隐含波动率（即较低的VIX）表明做市商必须回购空头对冲，从而推动反弹。SG的结论是：目前较低的隐含波动率水平给了市场更多的下行火力。从较低的隐含波动率开始会“减缓”反应性的“snap回”购买机制。此外，当IV较低时，伽马较高，因此伽马翻转可能有更多的果汁。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175692875","content_text":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.How to trade this?As Goldman's Vishal Vivek writes, at major expirations, options traders track situations wherea large amount of open interest is set to expire.In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX  (i.e. implied volatility) reversed.And one other curious observation from SpotGamma:When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.  Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.  Additionally, gamma is higher when IV is lower so gamma flips may have more juice.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380720484,"gmtCreate":1612595099248,"gmtModify":1703763918110,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"HUAT arh!!!","listText":"HUAT arh!!!","text":"HUAT arh!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/380720484","repostId":"1132260998","repostType":4,"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897188998,"gmtCreate":1628899915814,"gmtModify":1633688707900,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"Gggggg","listText":"Gggggg","text":"Gggggg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/897188998","repostId":"2159215280","repostType":4,"isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185964860,"gmtCreate":1623630927250,"gmtModify":1631885509456,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Diamond hands until it becomes next amc or GME!!!","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Diamond hands until it becomes next amc or GME!!!","text":"$Clover Health Corp(CLOV)$Diamond hands until it becomes next amc or GME!!!","images":[{"img":"https://static.tigerbbs.com/2b0b4fbc09abc8a9b0eee4ec77c236b8","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/185964860","isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":132971611,"gmtCreate":1622070148433,"gmtModify":1634184255451,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"To the moon!!","listText":"To the moon!!","text":"To the moon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/132971611","repostId":"2138143109","repostType":4,"isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322072437,"gmtCreate":1615762005929,"gmtModify":1703492539285,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/322072437","repostId":"1100128328","repostType":4,"repost":{"id":"1100128328","kind":"news","pubTimestamp":1615563404,"share":"https://www.laohu8.com/m/news/1100128328?lang=zh_CN&edition=full","pubTime":"2021-03-12 23:36","market":"us","language":"en","title":"Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100128328","media":"Barrons","summary":"Stock inTesla is lower after CNBC reported that the electric-vehicle company had a firein its Fremon","content":"<p>Stock inTesla&nbsp;is lower after CNBC reported that the&nbsp;electric-vehicle&nbsp;company&nbsp;had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.</p><p><blockquote>CNBC报道电动汽车公司特斯拉在加利福尼亚州弗里蒙特发生火灾后，该公司股价走低。植物，但大火可能不是下降的原因。</blockquote></p><p>Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.</p><p><blockquote>对于任何制造商来说，火灾只是一个正常但不幸的操作问题。特斯拉（股票代码：TSLA）没有立即回应有关火灾或火灾可能造成的损失的置评请求。</blockquote></p><p>President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.</p><p><blockquote>总统乔·拜登可能对股价下跌负有责任，该股在盘前交易中下跌约2.7%，至约680美元。对于特斯拉股东来说，这是疯狂的一周。本周初股价约为675美元，交易价格高于700美元，跌至约560美元，然后反弹，周四上涨4.7%，至略低于700美元。</blockquote></p><p>Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.</p><p><blockquote>特斯拉所做的一切似乎都不是最近波动的原因。一切都与利率有关。</blockquote></p><p>That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.</p><p><blockquote>这就是总统发挥作用的地方。周四晚上，他向全国发表讲话，重点是在世界卫生组织宣布疫情已经开始一年后，将新冠肺炎(Covid-19)抛在脑后。</blockquote></p><p>“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.</p><p><blockquote>总统说：“所有成年美国人都有资格在5月1日之前接种疫苗。”他补充说，联邦政府正在建立数百个疫苗接种点，并采购数百万剂疫苗。</blockquote></p><p>It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.</p><p><blockquote>这是个好消息，但周五早上市场正在抛售。对于股票来说，这次讲话几乎代表了太多的好事。经济正在重新开放，因此债券收益率正在上升，给高增长股票带来压力。</blockquote></p><p>Futures on the&nbsp;Nasdaq Composite&nbsp;Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.</p><p><blockquote>拥有许多飙升的科技股的纳斯达克综合指数期货下跌1.6%。另一方面，道琼斯工业平均指数期货持平。</blockquote></p><p>Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.</p><p><blockquote>较高的收益率对估值高、快速增长的公司的伤害比其他公司更大，原因有几个。第一，它们使融资增长更加昂贵。第二，高增长公司预计将在未来产生大部分现金。与利率低时相比，利率高时现金的价值较低。在利率较高的环境下，投资者如今有更多赚取利息的选择，这给高增长股票的估值带来压力。</blockquote></p><p>A Friday dip, however,doesn’t mean the end&nbsp;of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.</p><p><blockquote>然而，周五的下跌并不意味着特斯拉、电动汽车股票或纳斯达克牛市的结束。让经济重新站稳脚跟是件好事。投资者只是需要一个机会来适应不断变化的环境。</blockquote></p><p>“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.</p><p><blockquote>拜登说：“你、你的家人和朋友很有可能能够在你的后院或附近聚会，野餐……庆祝独立日。”这是个好消息。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</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\">\nTesla Stock Is Down. You Could Blame Joe Biden.<blockquote>特斯拉股价下跌。你可以责怪乔·拜登。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-03-12 23:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stock inTesla&nbsp;is lower after CNBC reported that the&nbsp;electric-vehicle&nbsp;company&nbsp;had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.</p><p><blockquote>CNBC报道电动汽车公司特斯拉在加利福尼亚州弗里蒙特发生火灾后，该公司股价走低。植物，但大火可能不是下降的原因。</blockquote></p><p>Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.</p><p><blockquote>对于任何制造商来说，火灾只是一个正常但不幸的操作问题。特斯拉（股票代码：TSLA）没有立即回应有关火灾或火灾可能造成的损失的置评请求。</blockquote></p><p>President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.</p><p><blockquote>总统乔·拜登可能对股价下跌负有责任，该股在盘前交易中下跌约2.7%，至约680美元。对于特斯拉股东来说，这是疯狂的一周。本周初股价约为675美元，交易价格高于700美元，跌至约560美元，然后反弹，周四上涨4.7%，至略低于700美元。</blockquote></p><p>Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.</p><p><blockquote>特斯拉所做的一切似乎都不是最近波动的原因。一切都与利率有关。</blockquote></p><p>That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.</p><p><blockquote>这就是总统发挥作用的地方。周四晚上，他向全国发表讲话，重点是在世界卫生组织宣布疫情已经开始一年后，将新冠肺炎(Covid-19)抛在脑后。</blockquote></p><p>“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.</p><p><blockquote>总统说：“所有成年美国人都有资格在5月1日之前接种疫苗。”他补充说，联邦政府正在建立数百个疫苗接种点，并采购数百万剂疫苗。</blockquote></p><p>It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.</p><p><blockquote>这是个好消息，但周五早上市场正在抛售。对于股票来说，这次讲话几乎代表了太多的好事。经济正在重新开放，因此债券收益率正在上升，给高增长股票带来压力。</blockquote></p><p>Futures on the&nbsp;Nasdaq Composite&nbsp;Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.</p><p><blockquote>拥有许多飙升的科技股的纳斯达克综合指数期货下跌1.6%。另一方面，道琼斯工业平均指数期货持平。</blockquote></p><p>Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.</p><p><blockquote>较高的收益率对估值高、快速增长的公司的伤害比其他公司更大，原因有几个。第一，它们使融资增长更加昂贵。第二，高增长公司预计将在未来产生大部分现金。与利率低时相比，利率高时现金的价值较低。在利率较高的环境下，投资者如今有更多赚取利息的选择，这给高增长股票的估值带来压力。</blockquote></p><p>A Friday dip, however,doesn’t mean the end&nbsp;of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.</p><p><blockquote>然而，周五的下跌并不意味着特斯拉、电动汽车股票或纳斯达克牛市的结束。让经济重新站稳脚跟是件好事。投资者只是需要一个机会来适应不断变化的环境。</blockquote></p><p>“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.</p><p><blockquote>拜登说：“你、你的家人和朋友很有可能能够在你的后院或附近聚会，野餐……庆祝独立日。”这是个好消息。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-is-down-you-could-blame-joe-biden-51615557806?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-is-down-you-could-blame-joe-biden-51615557806?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100128328","content_text":"Stock inTesla is lower after CNBC reported that the electric-vehicle company had a firein its Fremont, Calif. plant, but the blaze probably isn’t the reason for the dip.Fires are just a normal, albeit unfortunate, operating problem for any manufacturer. Tesla (ticker: TSLA) didn’t immediately respond to a request for comment about the fire or the damage it may have caused.President Joe Biden is probably responsible for the share-price decline, which left the stock about 2.7% lower in premarket trading, at about $680. It has beena wild weekfor Tesla stockholders. Shares started off the week at about $675,traded above $700and fell to about $560 before bounding back, up 4.7% Thursday, to just under $700.Nothing Tesla has done appears to be the reason for the recent volatility. It’s all about interest rates.That is where the president comes into the picture. Thursday evening, he addressed the nation, focusing on putting Covid-19 in the rearview mirror a year after the World Health Organization declared that a pandemic had begun.“All adult Americans will be eligible to get a vaccine no later than May 1,” said the president, adding the federal government is setting up hundreds of vaccination sites and procuring millions more vaccine doses.It’s good news, but the market is selling off Friday morning. For stocks, the speech represents almost too much of a good thing. The economy is reopening and, as a result,bond yields are rising, putting pressure on high-growth stocks.Futures on the Nasdaq Composite Index, home to many highflying tech stocks, are down 1.6%.Dow Jones Industrial Averagefutures, on the other hand, are flat.Higher yields hurt richly valued, fast-growing companies more than others for a couple of reasons. One, they makes funding growth more expensive. Two, high- growth companies are expected generate most of their cash far in the future. That cash is a little less valuable in present terms when rates are high, compared with when rates are low. In a higher-rate environment, investors have more options to earn interest today, which puts pressure on high-growth stocks’ valuations.A Friday dip, however,doesn’t mean the end of the bull market in Tesla, EV stocks or the Nasdaq. Getting the economy back on its feet is a good thing. Investors just need a chance to adjust to the changing landscape.“There’s a good chance you, your families and friends will be able to get together in your backyard or in your neighborhood and have a cookout …and celebrate Independence Day,” Biden said. That is great news.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177018012,"gmtCreate":1627167545036,"gmtModify":1633767610172,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574411684600657","idStr":"3574411684600657"},"themes":[],"htmlText":"Gggggg","listText":"Gggggg","text":"Gggggg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/177018012","repostId":"1109439356","repostType":4,"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}