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Rocket2Mars
Rocket2Mars
·
2021-11-14
Ok
US IPO Week Ahead: The IPO market settles down with 7 IPOs as the holiday week approaches
The IPO market is expected to pump the brakes ahead of the Thanksgiving holiday with seven IPOs sche
US IPO Week Ahead: The IPO market settles down with 7 IPOs as the holiday week approaches
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Rocket2Mars
Rocket2Mars
·
2021-11-13
Ok
Doubting that we could be in a stock-market bubble? Here's the chart you need to see.
A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver
Doubting that we could be in a stock-market bubble? Here's the chart you need to see.
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Rocket2Mars
Rocket2Mars
·
2021-07-14
Yeah o
非常抱歉，此主贴已删除
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Rocket2Mars
Rocket2Mars
·
2021-06-25
Ok
非常抱歉，此主贴已删除
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Rocket2Mars
Rocket2Mars
·
2021-06-24
Yup
Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback
He predicted tech's recent comeback, and now Oppenheimer Asset Management's John Stoltzfus believes
Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback
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Rocket2Mars
Rocket2Mars
·
2021-06-22
Ok
非常抱歉，此主贴已删除
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Rocket2Mars
Rocket2Mars
·
2021-06-22
Yes!!!
MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond
Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (s
MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond
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Rocket2Mars
Rocket2Mars
·
2021-06-22
Ik
MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond
Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (s
MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond
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Rocket2Mars
Rocket2Mars
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2021-06-17
Go!
ORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst
The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazym
ORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst
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Rocket2Mars
Rocket2Mars
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2021-06-17
Okn
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The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education centers and 650 before- and after-school sites across 40 states and Washington DC. While KinderCare is a leader in the early childhood education market, its business been significantly disrupted by the pandemic.</p>\n<p><b>Braze</b>(BRZE) plans to raise $460 million at a $5.9 billion market cap. Founder-led Braze provides a customer engagement platform used by businesses to improve their marketing. Unprofitable with strong growth, Braze serves over 1,100 clients with net revenue retention of 120%+ as of 7/31/21.</p>\n<p>Fast casual salad chain <b>Sweetgreen</b>(SG) plans to raise $300 million at a $2.9 billion market cap. Sweetgreen owned and operated 140 restaurants in 13 states and Washington DC as of 9/26/21. The company has a strong digital presence and plans double its store count in the next three to five years, though it has yet to achieve profitability.</p>\n<p><b>UserTesting</b>(USER) plans to raise $227 million at a $2.6 billion market cap. The company provides a video-first customer feedback platform for enterprises, providing richer, more contextualized insights by capturing various human signals. Its customers include a diverse base of more than 2,100 enterprises, with strong net dollar-based retention. However, it remains unprofitable due to high S&M spend.</p>\n<p>Australia’s <b>Iris Energy</b>(IREN), a Bitcoin mining company primarily powered by renewable energy, plans to raise $215 million at a $1.4 billion market cap. Iris acquired its first site in British Columbia in January 2021, which has approximately 30 MW of capacity and operating hashrate capacity of 0.7EH/s. The company is dependent on the Bitcoin market, and while prices have risen near all-time highs, it remains highly volatile.</p>\n<p>Germany-based <b>Sono Group</b>(SEV) plans to raise $150 million at a $1.1 billion market cap. The company is developing what it believes is disruptive solar technology, as well as a solar and battery powered vehicle. Despite already accepting 16,000 pre-orders worth $390 million in net sales, it is not expected to reach commercialization until 2023, and will remain highly unprofitable for years.</p>\n<p>Canadian gold exploration company <b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. The company currently has interests in four gold exploration properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p>\n<p><img src=\"https://static.tigerbbs.com/c7e8c1cff28007ea86b0a909cd54cc1f\" tg-width=\"1129\" tg-height=\"683\" width=\"100%\" height=\"auto\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 11/11/2021, the Renaissance IPO Index was up 3.6% year-to-date, while the S&P 500 was up 23.8%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Uber Technologies (UBER). The Renaissance International IPO Index was down 18.7% year-to-date, while the ACWX was up 8.7%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.</p>","source":"lsy1603787993745","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>US IPO Week Ahead: The IPO market settles down with 7 IPOs as the holiday week approaches</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nUS IPO Week Ahead: The IPO market settles down with 7 IPOs as the holiday week approaches\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-14 08:26 GMT+8 <a href=https://www.renaissancecapital.com/IPO-Center/News/88589/US-IPO-Week-Ahead-The-IPO-market-settles-down-with-7-IPOs-as-the-holiday-we><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is expected to pump the brakes ahead of the Thanksgiving holiday with seven IPOs scheduled to raise $1.9 billion in the week ahead.\nChildcare provider KinderCare Learning Companies(KLC)...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/88589/US-IPO-Week-Ahead-The-IPO-market-settles-down-with-7-IPOs-as-the-holiday-we\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG":"Sweetgreen, Inc.","AUST.AU":"BETASHARES MANAGED RISK AUST",".DJI":"道琼斯","KLC":"KinderCare Learning Companies, Inc. (Revived IPO)","USER":"UserTesting, INC.",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","BRZE":"Braze, Inc.","IREN":"IREN Ltd"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/88589/US-IPO-Week-Ahead-The-IPO-market-settles-down-with-7-IPOs-as-the-holiday-we","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186112608","content_text":"The IPO market is expected to pump the brakes ahead of the Thanksgiving holiday with seven IPOs scheduled to raise $1.9 billion in the week ahead.\nChildcare provider KinderCare Learning Companies(KLC) plans to raise $503 million at a $2.7 billion market cap. The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education centers and 650 before- and after-school sites across 40 states and Washington DC. While KinderCare is a leader in the early childhood education market, its business been significantly disrupted by the pandemic.\nBraze(BRZE) plans to raise $460 million at a $5.9 billion market cap. Founder-led Braze provides a customer engagement platform used by businesses to improve their marketing. Unprofitable with strong growth, Braze serves over 1,100 clients with net revenue retention of 120%+ as of 7/31/21.\nFast casual salad chain Sweetgreen(SG) plans to raise $300 million at a $2.9 billion market cap. Sweetgreen owned and operated 140 restaurants in 13 states and Washington DC as of 9/26/21. The company has a strong digital presence and plans double its store count in the next three to five years, though it has yet to achieve profitability.\nUserTesting(USER) plans to raise $227 million at a $2.6 billion market cap. The company provides a video-first customer feedback platform for enterprises, providing richer, more contextualized insights by capturing various human signals. Its customers include a diverse base of more than 2,100 enterprises, with strong net dollar-based retention. However, it remains unprofitable due to high S&M spend.\nAustralia’s Iris Energy(IREN), a Bitcoin mining company primarily powered by renewable energy, plans to raise $215 million at a $1.4 billion market cap. Iris acquired its first site in British Columbia in January 2021, which has approximately 30 MW of capacity and operating hashrate capacity of 0.7EH/s. The company is dependent on the Bitcoin market, and while prices have risen near all-time highs, it remains highly volatile.\nGermany-based Sono Group(SEV) plans to raise $150 million at a $1.1 billion market cap. The company is developing what it believes is disruptive solar technology, as well as a solar and battery powered vehicle. Despite already accepting 16,000 pre-orders worth $390 million in net sales, it is not expected to reach commercialization until 2023, and will remain highly unprofitable for years.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. The company currently has interests in four gold exploration properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 11/11/2021, the Renaissance IPO Index was up 3.6% year-to-date, while the S&P 500 was up 23.8%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Uber Technologies (UBER). The Renaissance International IPO Index was down 18.7% year-to-date, while the ACWX was up 8.7%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Meituan-Dianping and SoftBank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873907593,"gmtCreate":1636817423708,"gmtModify":1636817423812,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873907593","repostId":"2182071013","repostType":4,"repost":{"id":"2182071013","kind":"highlight","pubTimestamp":1636759045,"share":"https://www.laohu8.com/m/news/2182071013?lang=&edition=full","pubTime":"2021-11-13 07:17","market":"us","language":"en","title":"Doubting that we could be in a stock-market bubble? Here's the chart you need to see.","url":"https://stock-news.laohu8.com/highlight/detail?id=2182071013","media":"MarketWatch","summary":"A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver ","content":"<p>A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.</p>\n<p>Yet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.</p>\n<p>“We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.</p>\n<p>“And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.</p>\n<p>It’s a reminder that what some see as heady times for stocks aren’t going unnoticed.</p>\n<p>That brings us to our <b>call of the day</b> from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”</p>\n<p>He writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.</p>\n<p>“It can’t be any clearer than the fact that the S&P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5dfce87383926286f5e338e535810e6\" tg-width=\"700\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p>\n<p>During the 2000 tech bubble, the S&P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.</p>\n<p>“That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&P 500 bottomed during the 2008-09 financial crisis.</p>\n<p>“Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fb8a4b1f1bfec5d4e8585b0e47fd9d8\" tg-width=\"700\" tg-height=\"386\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p>\n<p>“The $3 trillion in crypto (whose only purpose appears to be speculation) is a clear illustration of an environment that knows no fear. Nonetheless, we are among the few who fear a 50% S&P 500 valuation drop that would bring the index’s market capitalization back in line with its average historic relationship to GDP,” he says.</p>\n<p>O’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.</p>\n<p>Back then, Amazon was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.</p>\n<p>The strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Doubting that we could be in a stock-market bubble? Here's the chart you need to see.</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nDoubting that we could be in a stock-market bubble? Here's the chart you need to see.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-13 07:17 GMT+8 <a href=https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking ...</p>\n\n<a href=\"https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182071013","content_text":"A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.\nYet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.\n“We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.\n“And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.\nIt’s a reminder that what some see as heady times for stocks aren’t going unnoticed.\nThat brings us to our call of the day from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”\nHe writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.\n“It can’t be any clearer than the fact that the S&P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:\nJonesTrading/Bloomberg\nDuring the 2000 tech bubble, the S&P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.\n“That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&P 500 bottomed during the 2008-09 financial crisis.\n“Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.\nJonesTrading/Bloomberg\n“The $3 trillion in crypto (whose only purpose appears to be speculation) is a clear illustration of an environment that knows no fear. Nonetheless, we are among the few who fear a 50% S&P 500 valuation drop that would bring the index’s market capitalization back in line with its average historic relationship to GDP,” he says.\nO’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.\nBack then, Amazon was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.\nThe strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.","news_type":1},"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144000116,"gmtCreate":1626250524335,"gmtModify":1631888990675,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Yeah o","listText":"Yeah o","text":"Yeah o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144000116","repostId":"2151959761","repostType":4,"isVote":1,"tweetType":1,"viewCount":1008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122800178,"gmtCreate":1624608459794,"gmtModify":1631888990679,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122800178","repostId":"1102706768","repostType":4,"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128686849,"gmtCreate":1624513717781,"gmtModify":1631888990684,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/128686849","repostId":"1197939027","repostType":4,"repost":{"id":"1197939027","kind":"news","pubTimestamp":1624511696,"share":"https://www.laohu8.com/m/news/1197939027?lang=&edition=full","pubTime":"2021-06-24 13:14","market":"us","language":"en","title":"Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback","url":"https://stock-news.laohu8.com/highlight/detail?id=1197939027","media":"CNBC","summary":"He predicted tech's recent comeback, and now Oppenheimer Asset Management's John Stoltzfus believes ","content":"<div>\n<p>He predicted tech's recent comeback, and now Oppenheimer Asset Management's John Stoltzfus believes Wall Street can avoid an unnerving summer setback.\nHe attributes tech's latest outperformanceas a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/tech-rebound-could-help-market-avoid-a-summer-setback-oppenheimer.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nMarket bull who predicted tech’s rebound believes Wall Street may avoid a summer setback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 13:14 GMT+8 <a href=https://www.cnbc.com/2021/06/23/tech-rebound-could-help-market-avoid-a-summer-setback-oppenheimer.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>He predicted tech's recent comeback, and now Oppenheimer Asset Management's John Stoltzfus believes Wall Street can avoid an unnerving summer setback.\nHe attributes tech's latest outperformanceas a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/tech-rebound-could-help-market-avoid-a-summer-setback-oppenheimer.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/23/tech-rebound-could-help-market-avoid-a-summer-setback-oppenheimer.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1197939027","content_text":"He predicted tech's recent comeback, and now Oppenheimer Asset Management's John Stoltzfus believes Wall Street can avoid an unnerving summer setback.\nHe attributes tech's latest outperformanceas a key reason why it could be a positive summer for investors.\n\"That might be possible,\" the firm's chief investment strategist told CNBC's \"Trading Nation\" on Wednesday. \"Fundamentals are looking decidedly better, and it may be that the bulls win for the summer.\"\nThe market is showing encouraging signs. On Wednesday, theNasdaq, which is up almost 11% so far this year, closed at an all-time high of 14,271.73. However, the broaderS&P 500andDowsnapped a two-day winning streak.\nThe latest activity comes amid a backdrop of recent correction calls.\nFromInvescotoCFRA ResearchandMoody's Analytics, there's concern that a 10% or more pullback could shake the Street this summer. Inflation fallout, Federal Reserve taper talk and Covid-19 variants are all risks noted in pullback warnings.\nStoltzfus said negative headlines tied to those risks could create summer volatility, but the impact shouldn't be too deep.\n\"There's always a chance ... the market will have enough catalysts so that bears and short-term traders will be able to take some profits without FOMO,\" said the market bull.\nIt's not the first time Stoltzfus maintained his bullishness. In early March, as tech stocks were selling off,he told \"Trading Nation\"it was a major buying opportunity. The Nasdaq is up 7% since that interview.\nZooming out to the broader market, Stoltzfus acknowledges his S&P 500 year-end forecast of 4,300 may now be too low. The S&P 500 closed at 4,241.84 on Wednesday. His benchmark was considered one of the highest on the Street when he put it out in late December.\n\"The market has certainly performed very well thus far. We think it's got further to go,\" he said. \"But our discipline says we don't raise our target until the average that we're working with, in this case the S&P 500 index, closes above our target.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129372784,"gmtCreate":1624362363248,"gmtModify":1631888990686,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129372784","repostId":"1128168014","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120313586,"gmtCreate":1624297832045,"gmtModify":1631888990688,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Yes!!!","listText":"Yes!!!","text":"Yes!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120313586","repostId":"1159914875","repostType":4,"repost":{"id":"1159914875","kind":"news","pubTimestamp":1624281059,"share":"https://www.laohu8.com/m/news/1159914875?lang=&edition=full","pubTime":"2021-06-21 21:10","market":"us","language":"en","title":"MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond","url":"https://stock-news.laohu8.com/highlight/detail?id=1159914875","media":"zerohedge","summary":"Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (s","content":"<p>Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,<b>earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.</b></p>\n<p>The transaction has cemented MSTR's status as<b>the largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.</b></p>\n<p><img src=\"https://static.tigerbbs.com/b5eb78c5328d726402152343ac151233\" tg-width=\"510\" tg-height=\"630\"></p>\n<p>Putting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.</p>\n<p>Previously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.</p>\n<p>Naturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:</p>\n<p>“The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”</p>\n<p>The answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.</p>\n<p>News of the offering come in a day when the crypto space tumbled...</p>\n<p><img src=\"https://static.tigerbbs.com/56d960dbf024a8edf236e8b6dbbdf8f8\" tg-width=\"500\" tg-height=\"258\">... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).</p>\n<p><img src=\"https://static.tigerbbs.com/2c5879516c43c0287caab5fc0cdd9642\" tg-width=\"512\" tg-height=\"210\"></p>\n<p>Saylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. The coin on Monday traded just over $32,000 down more than 50% from its mid-April record.</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>MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nMicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:10 GMT+8 <a href=https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average ...</p>\n\n<a href=\"https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"Strategy"},"source_url":"https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159914875","content_text":"Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.\nThe transaction has cemented MSTR's status asthe largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.\n\nPutting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.\nPreviously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.\nNaturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:\n“The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”\nThe answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.\nNews of the offering come in a day when the crypto space tumbled...\n... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).\n\nSaylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. The coin on Monday traded just over $32,000 down more than 50% from its mid-April record.","news_type":1},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120313223,"gmtCreate":1624297812462,"gmtModify":1631888990693,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Ik","listText":"Ik","text":"Ik","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120313223","repostId":"1159914875","repostType":4,"repost":{"id":"1159914875","kind":"news","pubTimestamp":1624281059,"share":"https://www.laohu8.com/m/news/1159914875?lang=&edition=full","pubTime":"2021-06-21 21:10","market":"us","language":"en","title":"MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond","url":"https://stock-news.laohu8.com/highlight/detail?id=1159914875","media":"zerohedge","summary":"Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (s","content":"<p>Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,<b>earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.</b></p>\n<p>The transaction has cemented MSTR's status as<b>the largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.</b></p>\n<p><img src=\"https://static.tigerbbs.com/b5eb78c5328d726402152343ac151233\" tg-width=\"510\" tg-height=\"630\"></p>\n<p>Putting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.</p>\n<p>Previously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.</p>\n<p>Naturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:</p>\n<p>“The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”</p>\n<p>The answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.</p>\n<p>News of the offering come in a day when the crypto space tumbled...</p>\n<p><img src=\"https://static.tigerbbs.com/56d960dbf024a8edf236e8b6dbbdf8f8\" tg-width=\"500\" tg-height=\"258\">... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).</p>\n<p><img src=\"https://static.tigerbbs.com/2c5879516c43c0287caab5fc0cdd9642\" tg-width=\"512\" tg-height=\"210\"></p>\n<p>Saylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. The coin on Monday traded just over $32,000 down more than 50% from its mid-April record.</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>MicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond</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; 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}\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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nMicroStrategy Buys 13,005 Bitcoin At $37,617 Using Proceeds From First Ever Crypto Junk Bond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:10 GMT+8 <a href=https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average ...</p>\n\n<a href=\"https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"Strategy"},"source_url":"https://www.zerohedge.com/crypto/microstrategy-buys-13005-bitcoin-37617-using-proceeds-first-ever-crypto-junk-bond","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159914875","content_text":"Two weeks afterMicrostrategy announced that it was sellingthe first ever batch of $400 million in (subsequentlyupsized to $500 million) junk bonds (6.125% coupon due 2028; by comparison, the average junk bond yields just about 4%) for the sole purpose of buying bitcoin,earlier today MSTR CEO Michael Saylor confirmed that the transaction had been consummated with the company buying 13,005 bitcoin at an average price of $37,617 for a total of $489 million.\nThe transaction has cemented MSTR's status asthe largest corporate hodler of bitcoin, with a total of 105,085 bitcoin acquired for $2.741 billion or an average price of $26,080.\n\nPutting these numbers in context, the amount purchased using junk bond proceeds was more than $100 million higher than the company’s entire operating cash flow since 2016, according to Bloomberg data; MicroStrategy also announced that it was taking a roughly $284.5 million charge during its next earnings report thanks to losses related to fluctuations in the price of the digital asset. That amounts to more than its cumulative earnings since 2011.\nPreviously, MSTR already issued convertible bonds worth around $1 billion in its quest to scoop up more of the coins, though this was the first-ever corporate bond sale with proceeds earmarked for such purchases.\nNaturally, news of the offering sparked both praise from the diamond hand crew, as well as scathing criticism from the crypto skeptics:\n“The $400 million in debt isn’t being used to fund an acquisition or growth. It’s being used to speculate on a volatile asset,” said Marc Lichtenfeld, chief income strategist at the Oxford Club. “Does MicroStrategy even have a business anymore or is it simply a proxy for Bitcoin -- with borrowed money?”\nThe answer is obvious, and considering the move in the stock in the past year, it has been a great strategy... so far.\nNews of the offering come in a day when the crypto space tumbled...\n... after the latest dose of FUD from China (how many times can Beijing credibly ban bitcoin before investors start asking if this is just a daily jawboning tactic to distract from the disastrous reception of the digital yuan).\n\nSaylor has been one of leading advocates of converting company cash to Bitcoin, saying that the Federal Reserve’s relaxing of its inflation policy helped convince him to invest MicroStrategy’s reserves. The company’s disclosures around Bitcoin and its foray into the digital-assets space served as one of the catalysts to the coin’s red-hot rally in 2020 and early 2021, before it tumbled last month. The coin on Monday traded just over $32,000 down more than 50% from its mid-April record.","news_type":1},"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161888200,"gmtCreate":1623917591500,"gmtModify":1631888990695,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Go!","listText":"Go!","text":"Go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161888200","repostId":"1103057922","repostType":4,"repost":{"id":"1103057922","kind":"news","pubTimestamp":1623916087,"share":"https://www.laohu8.com/m/news/1103057922?lang=&edition=full","pubTime":"2021-06-17 15:48","market":"us","language":"en","title":"ORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1103057922","media":"investorplace","summary":"The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazym","content":"<p>The meme stock crowd have their sights set on new targets and orphan drug treatment company <b>Orphazyme</b>(NASDAQ:<b><u>ORPH</u></b>) is up nearly 90% today as a result. ORPH stock has been trading jaggedly since last week,at one point up more than 1,000% on Friday, June 11.</p>\n<p>Trading volume of 115 million shares on the day at time of writing was dramatically up from an average daily trading volume of 1.3 million. Orphazyme management released a press release on Friday saying there wasno reason for the stock movement.</p>\n<p>The U.S. Food and Drug Administration has set areview date of June 17 for ORPH stock’s key drug candidate ariclomal, which will be used to treat Niemann-Pick Disease Type C.</p>\n<p>The company is also exploring the efficacy of ariclomal in treating other orphan diseases, though that endeavor hasn’t yielded positive results yet. Two different Phase 2/3 trials for treatment ofInclusion Body MyositisandAmyotrophic Lateral Sclerosisdid not meet their primary and secondary endpoints. In the company’s 2020 annual report, released in March 2021,addressable markets for IBM and ALS made up 45,000 of 62,000 patientsacross the four diseases discussed.</p>\n<p>ORPH stock is presently covered by two analysts, with aprice consensus of $16. That’s more than 15% lower than its current price of $18.88.Meme stock traders have announced their intentionto send Orphazyme to the moon, but it’s hard to believe the stock won’t deflate following FDA results, even if positive.</p>","source":"lsy1606302653667","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>ORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 15:48 GMT+8 <a href=https://investorplace.com/2021/06/orph-stock-what-to-know-as-orphazyme-pops-again-ahead-of-june-17-catalyst/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazyme(NASDAQ:ORPH) is up nearly 90% today as a result. ORPH stock has been trading jaggedly since last ...</p>\n\n<a href=\"https://investorplace.com/2021/06/orph-stock-what-to-know-as-orphazyme-pops-again-ahead-of-june-17-catalyst/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/06/orph-stock-what-to-know-as-orphazyme-pops-again-ahead-of-june-17-catalyst/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103057922","content_text":"The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazyme(NASDAQ:ORPH) is up nearly 90% today as a result. ORPH stock has been trading jaggedly since last week,at one point up more than 1,000% on Friday, June 11.\nTrading volume of 115 million shares on the day at time of writing was dramatically up from an average daily trading volume of 1.3 million. Orphazyme management released a press release on Friday saying there wasno reason for the stock movement.\nThe U.S. Food and Drug Administration has set areview date of June 17 for ORPH stock’s key drug candidate ariclomal, which will be used to treat Niemann-Pick Disease Type C.\nThe company is also exploring the efficacy of ariclomal in treating other orphan diseases, though that endeavor hasn’t yielded positive results yet. Two different Phase 2/3 trials for treatment ofInclusion Body MyositisandAmyotrophic Lateral Sclerosisdid not meet their primary and secondary endpoints. In the company’s 2020 annual report, released in March 2021,addressable markets for IBM and ALS made up 45,000 of 62,000 patientsacross the four diseases discussed.\nORPH stock is presently covered by two analysts, with aprice consensus of $16. That’s more than 15% lower than its current price of $18.88.Meme stock traders have announced their intentionto send Orphazyme to the moon, but it’s hard to believe the stock won’t deflate following FDA results, even if positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161881597,"gmtCreate":1623917544919,"gmtModify":1631888990700,"author":{"id":"3578399462882565","authorId":"3578399462882565","name":"Rocket2Mars","avatar":"https://static.tigerbbs.com/a98299f891ae0ae35c465cedc8c17d36","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578399462882565","authorIdStr":"3578399462882565"},"themes":[],"htmlText":"Okn","listText":"Okn","text":"Okn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161881597","repostId":"1186659190","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}