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Apple Stock: A Tough First Half Of 2021 In Review

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S&P 500 winning streak extends to sixth straight record close

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Today, the Apple Maven","content":"<p>First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven tells the story of AAPL’s performance between January and June.</p>\n<p>The first half of 2021 is over. Investors who saw Apple stock&nbsp;skyrocket in the past two years must have felt a bit more uncomfortable this time. Shares of the Cupertino company managed to climb 3.5% from January to June 2021, but with quite a bit of volatility and pullbacks along the way.</p>\n<p>Today, the Apple Maven reviews AAPL’s journey through the first half of the year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8532f812576196b6bc559e707688f5bf\" tg-width=\"1240\" tg-height=\"620\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple store in Singapore.</span></p>\n<p><b>Apple’s performance in the first half</b></p>\n<p>We start with a high level overview of Apple stock’s performance in the first half, along with some interesting metrics. See bullet points below:</p>\n<ul>\n <li>Absolute<i>annualized</i>return of&nbsp;<b>7%</b>&nbsp;(see chart below), which compares unfavorably to the S&amp;P 500’s<i>annualized</i>33%, and Apple’s own 23% since the 1980s.</li>\n <li>Annualized volatility of&nbsp;<b>34%</b>, high (i.e. not good) compared to Apple’s 27% over the past decade, which even included the jittery pandemic year of 2020.</li>\n <li>Maximum drawdown of&nbsp;<b>19%</b>, as Apple barely escaped bear territory in March 2021.</li>\n <li>Best month of returns: June,<b>10%</b></li>\n <li>Worst month of returns: February,<b>-8%</b></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0a38a341da46bf4c7eb4f96e9b9b4ba\" tg-width=\"1200\" tg-height=\"657\"><span>Figure 2: Annualized return -AAPL vs. S&amp;P 500.</span></p>\n<p>The year started with bullish expectations for fiscal first quarter results. Ahead of&nbsp;the Janury 27 earnings day, Apple stock price climbed a whopping 12% in only one week to reach all time highs. Investors were likely excited about pent up demand for the iPhone 12, whose release in 2020 had been delayed.</p>\n<p>But that was as far as AAPL went all year. By March 8, less than six weeks after earnings, the stock was tiptoeing around bear-style correction territory – a pullback of at least 20% from the top.</p>\n<p>Nothing seemed particularly wrong with Apple itself, other than&nbsp;some speculation on Wall Street&nbsp;that demand for Apple’s products and services could falter with the end of the stay-at-home consumer trends. However, bearishness in Q1 can probably be best explained by the following:</p>\n<ul>\n <li>The cyclical rotation, which started roughly with the announcement of the first COVID-19 vaccines in November,picked up steam in February. It was time for investors and traders to bet on banks, airlines and commodities, not on Big Tech.</li>\n <li>Inflation concerns took center stage, as the global economies began to reopen. As a result, the 10-year treasury yield skyrocketed from 1.0% to 1.6% during the same period that Apple shares headed sharply lower. Higher interest rates are bad news for growth and tech stocks.</li>\n</ul>\n<p>Probably not a coincidence, Apple share price climbed from the gutter (a 2021 low of $116, in this case) as soon as yields stabilized, starting around mid-March. By mid-April, Apple started to show signs that it could reach all-time highs any moment.</p>\n<p>It is possible that&nbsp;the company’s “Spring Loaded” event, on April 20, also contributed to briefly improved investor sentiment. But shortly after the unveiling of the iPad Pro, new iMac with M1, Apple TV 4K, AirTag and purple iPhone 12, Apple shares head down 9% from the April high through May 12.</p>\n<p>Only at that point did Apple find its way north again. June, for instance, was a fantastic month of returns for the stock. I believe that bullishness can be credited to the usual summer anticipation of the new iPhone model and holiday season sales.</p>\n<p>This, coupled with (1) forward P/E multiples that dipped to the low 20s, (2) stable yields and (3) a dip in market volatility, led me to&nbsp;becoming much more bullish on Applefor the next few months.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: A Tough First Half Of 2021 In Review</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\">\nApple Stock: A Tough First Half Of 2021 In Review\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 20:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-a-tough-first-half-of-2021-in-review><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven tells the story of AAPL’s performance between January and June.\nThe first half of 2021 is over. ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-a-tough-first-half-of-2021-in-review\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-a-tough-first-half-of-2021-in-review","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116521790","content_text":"First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven tells the story of AAPL’s performance between January and June.\nThe first half of 2021 is over. Investors who saw Apple stock skyrocket in the past two years must have felt a bit more uncomfortable this time. Shares of the Cupertino company managed to climb 3.5% from January to June 2021, but with quite a bit of volatility and pullbacks along the way.\nToday, the Apple Maven reviews AAPL’s journey through the first half of the year.\nFigure 1: Apple store in Singapore.\nApple’s performance in the first half\nWe start with a high level overview of Apple stock’s performance in the first half, along with some interesting metrics. See bullet points below:\n\nAbsoluteannualizedreturn of 7% (see chart below), which compares unfavorably to the S&P 500’sannualized33%, and Apple’s own 23% since the 1980s.\nAnnualized volatility of 34%, high (i.e. not good) compared to Apple’s 27% over the past decade, which even included the jittery pandemic year of 2020.\nMaximum drawdown of 19%, as Apple barely escaped bear territory in March 2021.\nBest month of returns: June,10%\nWorst month of returns: February,-8%\n\nFigure 2: Annualized return -AAPL vs. S&P 500.\nThe year started with bullish expectations for fiscal first quarter results. Ahead of the Janury 27 earnings day, Apple stock price climbed a whopping 12% in only one week to reach all time highs. Investors were likely excited about pent up demand for the iPhone 12, whose release in 2020 had been delayed.\nBut that was as far as AAPL went all year. By March 8, less than six weeks after earnings, the stock was tiptoeing around bear-style correction territory – a pullback of at least 20% from the top.\nNothing seemed particularly wrong with Apple itself, other than some speculation on Wall Street that demand for Apple’s products and services could falter with the end of the stay-at-home consumer trends. However, bearishness in Q1 can probably be best explained by the following:\n\nThe cyclical rotation, which started roughly with the announcement of the first COVID-19 vaccines in November,picked up steam in February. It was time for investors and traders to bet on banks, airlines and commodities, not on Big Tech.\nInflation concerns took center stage, as the global economies began to reopen. As a result, the 10-year treasury yield skyrocketed from 1.0% to 1.6% during the same period that Apple shares headed sharply lower. Higher interest rates are bad news for growth and tech stocks.\n\nProbably not a coincidence, Apple share price climbed from the gutter (a 2021 low of $116, in this case) as soon as yields stabilized, starting around mid-March. By mid-April, Apple started to show signs that it could reach all-time highs any moment.\nIt is possible that the company’s “Spring Loaded” event, on April 20, also contributed to briefly improved investor sentiment. But shortly after the unveiling of the iPad Pro, new iMac with M1, Apple TV 4K, AirTag and purple iPhone 12, Apple shares head down 9% from the April high through May 12.\nOnly at that point did Apple find its way north again. June, for instance, was a fantastic month of returns for the stock. I believe that bullishness can be credited to the usual summer anticipation of the new iPhone model and holiday season sales.\nThis, coupled with (1) forward P/E multiples that dipped to the low 20s, (2) stable yields and (3) a dip in market volatility, led me to becoming much more bullish on Applefor the next few months.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156110792,"gmtCreate":1625201289716,"gmtModify":1703738262457,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586672174003457","authorIdStr":"3586672174003457"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156110792","repostId":"1145062486","repostType":4,"isVote":1,"tweetType":1,"viewCount":1243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156137482,"gmtCreate":1625201254746,"gmtModify":1703738260978,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586672174003457","authorIdStr":"3586672174003457"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156137482","repostId":"1124128123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156194598,"gmtCreate":1625200584914,"gmtModify":1703738243902,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586672174003457","authorIdStr":"3586672174003457"},"themes":[],"htmlText":"Like and commented&nbsp;","listText":"Like and commented&nbsp;","text":"Like and commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156194598","repostId":"1175817125","repostType":4,"repost":{"id":"1175817125","kind":"news","pubTimestamp":1625180880,"share":"https://ttm.financial/m/news/1175817125?lang=en_US&edition=fundamental","pubTime":"2021-07-02 07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p>\n<p>Investors now eye Friday’s much-anticipated employment report.</p>\n<p>The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p>\n<p>“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p>\n<p>All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p>\n<p>The Philadelphia SE Semiconductor index slid 1.5%</p>\n<p>“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p>\n<p>“It feels like investors left for the Fourth of July weekend about three months ago.”</p>\n<p>The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p>\n<p>Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p>\n<p>Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p>\n<p>“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p>\n<p>Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p>\n<p>“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p>\n<p>The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p>\n<p>Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p>\n<p>Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p>\n<p>Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p>\n<p>Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</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>S&P 500 winning streak extends to sixth straight record close</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\">\nS&P 500 winning streak extends to sixth straight record close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":156586117,"gmtCreate":1625230443839,"gmtModify":1703738900206,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586672174003457","idStr":"3586672174003457"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156586117","repostId":"1116521790","repostType":4,"repost":{"id":"1116521790","kind":"news","pubTimestamp":1625230146,"share":"https://ttm.financial/m/news/1116521790?lang=en_US&edition=fundamental","pubTime":"2021-07-02 20:49","market":"us","language":"en","title":"Apple Stock: A Tough First Half Of 2021 In Review","url":"https://stock-news.laohu8.com/highlight/detail?id=1116521790","media":"TheStreet","summary":"First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven","content":"<p>First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven tells the story of AAPL’s performance between January and June.</p>\n<p>The first half of 2021 is over. Investors who saw Apple stock&nbsp;skyrocket in the past two years must have felt a bit more uncomfortable this time. Shares of the Cupertino company managed to climb 3.5% from January to June 2021, but with quite a bit of volatility and pullbacks along the way.</p>\n<p>Today, the Apple Maven reviews AAPL’s journey through the first half of the year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8532f812576196b6bc559e707688f5bf\" tg-width=\"1240\" tg-height=\"620\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple store in Singapore.</span></p>\n<p><b>Apple’s performance in the first half</b></p>\n<p>We start with a high level overview of Apple stock’s performance in the first half, along with some interesting metrics. See bullet points below:</p>\n<ul>\n <li>Absolute<i>annualized</i>return of&nbsp;<b>7%</b>&nbsp;(see chart below), which compares unfavorably to the S&amp;P 500’s<i>annualized</i>33%, and Apple’s own 23% since the 1980s.</li>\n <li>Annualized volatility of&nbsp;<b>34%</b>, high (i.e. not good) compared to Apple’s 27% over the past decade, which even included the jittery pandemic year of 2020.</li>\n <li>Maximum drawdown of&nbsp;<b>19%</b>, as Apple barely escaped bear territory in March 2021.</li>\n <li>Best month of returns: June,<b>10%</b></li>\n <li>Worst month of returns: February,<b>-8%</b></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0a38a341da46bf4c7eb4f96e9b9b4ba\" tg-width=\"1200\" tg-height=\"657\"><span>Figure 2: Annualized return -AAPL vs. S&amp;P 500.</span></p>\n<p>The year started with bullish expectations for fiscal first quarter results. Ahead of&nbsp;the Janury 27 earnings day, Apple stock price climbed a whopping 12% in only one week to reach all time highs. Investors were likely excited about pent up demand for the iPhone 12, whose release in 2020 had been delayed.</p>\n<p>But that was as far as AAPL went all year. By March 8, less than six weeks after earnings, the stock was tiptoeing around bear-style correction territory – a pullback of at least 20% from the top.</p>\n<p>Nothing seemed particularly wrong with Apple itself, other than&nbsp;some speculation on Wall Street&nbsp;that demand for Apple’s products and services could falter with the end of the stay-at-home consumer trends. However, bearishness in Q1 can probably be best explained by the following:</p>\n<ul>\n <li>The cyclical rotation, which started roughly with the announcement of the first COVID-19 vaccines in November,picked up steam in February. It was time for investors and traders to bet on banks, airlines and commodities, not on Big Tech.</li>\n <li>Inflation concerns took center stage, as the global economies began to reopen. As a result, the 10-year treasury yield skyrocketed from 1.0% to 1.6% during the same period that Apple shares headed sharply lower. Higher interest rates are bad news for growth and tech stocks.</li>\n</ul>\n<p>Probably not a coincidence, Apple share price climbed from the gutter (a 2021 low of $116, in this case) as soon as yields stabilized, starting around mid-March. By mid-April, Apple started to show signs that it could reach all-time highs any moment.</p>\n<p>It is possible that&nbsp;the company’s “Spring Loaded” event, on April 20, also contributed to briefly improved investor sentiment. But shortly after the unveiling of the iPad Pro, new iMac with M1, Apple TV 4K, AirTag and purple iPhone 12, Apple shares head down 9% from the April high through May 12.</p>\n<p>Only at that point did Apple find its way north again. June, for instance, was a fantastic month of returns for the stock. I believe that bullishness can be credited to the usual summer anticipation of the new iPhone model and holiday season sales.</p>\n<p>This, coupled with (1) forward P/E multiples that dipped to the low 20s, (2) stable yields and (3) a dip in market volatility, led me to&nbsp;becoming much more bullish on Applefor the next few months.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: A Tough First Half Of 2021 In Review</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\">\nApple Stock: A Tough First Half Of 2021 In Review\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 20:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-a-tough-first-half-of-2021-in-review><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven tells the story of AAPL’s performance between January and June.\nThe first half of 2021 is over. ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-a-tough-first-half-of-2021-in-review\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-a-tough-first-half-of-2021-in-review","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116521790","content_text":"First half of 2021 was neither disastrous nor overly bullish for Apple stock. Today, the Apple Maven tells the story of AAPL’s performance between January and June.\nThe first half of 2021 is over. Investors who saw Apple stock skyrocket in the past two years must have felt a bit more uncomfortable this time. Shares of the Cupertino company managed to climb 3.5% from January to June 2021, but with quite a bit of volatility and pullbacks along the way.\nToday, the Apple Maven reviews AAPL’s journey through the first half of the year.\nFigure 1: Apple store in Singapore.\nApple’s performance in the first half\nWe start with a high level overview of Apple stock’s performance in the first half, along with some interesting metrics. See bullet points below:\n\nAbsoluteannualizedreturn of 7% (see chart below), which compares unfavorably to the S&P 500’sannualized33%, and Apple’s own 23% since the 1980s.\nAnnualized volatility of 34%, high (i.e. not good) compared to Apple’s 27% over the past decade, which even included the jittery pandemic year of 2020.\nMaximum drawdown of 19%, as Apple barely escaped bear territory in March 2021.\nBest month of returns: June,10%\nWorst month of returns: February,-8%\n\nFigure 2: Annualized return -AAPL vs. S&P 500.\nThe year started with bullish expectations for fiscal first quarter results. Ahead of the Janury 27 earnings day, Apple stock price climbed a whopping 12% in only one week to reach all time highs. Investors were likely excited about pent up demand for the iPhone 12, whose release in 2020 had been delayed.\nBut that was as far as AAPL went all year. By March 8, less than six weeks after earnings, the stock was tiptoeing around bear-style correction territory – a pullback of at least 20% from the top.\nNothing seemed particularly wrong with Apple itself, other than some speculation on Wall Street that demand for Apple’s products and services could falter with the end of the stay-at-home consumer trends. However, bearishness in Q1 can probably be best explained by the following:\n\nThe cyclical rotation, which started roughly with the announcement of the first COVID-19 vaccines in November,picked up steam in February. It was time for investors and traders to bet on banks, airlines and commodities, not on Big Tech.\nInflation concerns took center stage, as the global economies began to reopen. As a result, the 10-year treasury yield skyrocketed from 1.0% to 1.6% during the same period that Apple shares headed sharply lower. Higher interest rates are bad news for growth and tech stocks.\n\nProbably not a coincidence, Apple share price climbed from the gutter (a 2021 low of $116, in this case) as soon as yields stabilized, starting around mid-March. By mid-April, Apple started to show signs that it could reach all-time highs any moment.\nIt is possible that the company’s “Spring Loaded” event, on April 20, also contributed to briefly improved investor sentiment. But shortly after the unveiling of the iPad Pro, new iMac with M1, Apple TV 4K, AirTag and purple iPhone 12, Apple shares head down 9% from the April high through May 12.\nOnly at that point did Apple find its way north again. June, for instance, was a fantastic month of returns for the stock. I believe that bullishness can be credited to the usual summer anticipation of the new iPhone model and holiday season sales.\nThis, coupled with (1) forward P/E multiples that dipped to the low 20s, (2) stable yields and (3) a dip in market volatility, led me to becoming much more bullish on Applefor the next few months.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801306797,"gmtCreate":1627481618619,"gmtModify":1703490840930,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586672174003457","idStr":"3586672174003457"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801306797","repostId":"1196861607","repostType":4,"isVote":1,"tweetType":1,"viewCount":1796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156137482,"gmtCreate":1625201254746,"gmtModify":1703738260978,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586672174003457","idStr":"3586672174003457"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156137482","repostId":"1124128123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156110792,"gmtCreate":1625201289716,"gmtModify":1703738262457,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586672174003457","idStr":"3586672174003457"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156110792","repostId":"1145062486","repostType":4,"isVote":1,"tweetType":1,"viewCount":1243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156194598,"gmtCreate":1625200584914,"gmtModify":1703738243902,"author":{"id":"3586672174003457","authorId":"3586672174003457","name":"KMKM21","avatar":"https://static.tigerbbs.com/ee0bc8c6a13e57876cc813bff5015702","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586672174003457","idStr":"3586672174003457"},"themes":[],"htmlText":"Like and commented&nbsp;","listText":"Like and commented&nbsp;","text":"Like and commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156194598","repostId":"1175817125","repostType":4,"repost":{"id":"1175817125","kind":"news","pubTimestamp":1625180880,"share":"https://ttm.financial/m/news/1175817125?lang=en_US&edition=fundamental","pubTime":"2021-07-02 07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p>\n<p>Investors now eye Friday’s much-anticipated employment report.</p>\n<p>The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p>\n<p>“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p>\n<p>All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p>\n<p>The Philadelphia SE Semiconductor index slid 1.5%</p>\n<p>“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p>\n<p>“It feels like investors left for the Fourth of July weekend about three months ago.”</p>\n<p>The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p>\n<p>Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p>\n<p>Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p>\n<p>“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p>\n<p>Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p>\n<p>“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p>\n<p>The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p>\n<p>Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p>\n<p>Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p>\n<p>Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p>\n<p>Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</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>S&P 500 winning streak extends to sixth straight record close</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\">\nS&P 500 winning streak extends to sixth straight record close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}