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2023-08-03

@Tiger_comments:July Marks a Winning Month! Sector Rotation and Curse in August?

2023-08-03

@WallStreet_Tiger:🎁Top Movers | NKLA Jumps 20% on Another Order; ANET Beats Outlook

2023-08-03

@AI Earnings:Exxon Mobil(XOM) 2023Q2 Earnings Summary

2023-08-03

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@EV_Dig:After Volkswagen Invests XPEV, EV Industry Enters Into Intelligent Competition

2023-07-25

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@JC888:Q2 Earnings, Data, Interest Controls US Market This Week.

2023-07-25

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@nerdbull1669:AI: The Catalyst for Metaverse Growth and Reshaping

2023-07-25

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@KYHBKO:The Economy - could the Fed lead the decline?

2023-07-25

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@JC888:Q2 Earnings, Data, Interest Controls US Market This Week.

2023-07-25

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@ZEROHERO:Signs Of Exhaustion For TSLA 😮‍💨

2022-09-11

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How a CEO Rescued a Big Bet on Big Oil; "There Were a Lot of Doubters"

2022-09-08

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Tim Cook Didn’t Have "One More Thing," so Apple Offered Consumers a Break, for Once

2022-09-02

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What Does Friday's Jobs Report Mean for the Market? "Too Hot" and Stocks Could Tumble, Says Market Pro

2022-08-30

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Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say

2022-08-25

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US STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon

2022-06-29

2022-06-29

2022-06-27

2022-06-27

$XPeng Inc.(XPEV)$View on XPeng Inc.(XPEV)BullishBearish

2022-06-18

2022-06-11

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Marks a Winning Month! Sector Rotation and Curse in August?","htmlText":"On the last day of July, all three major U.S. stock indices closed the month with gains.1. July marks a winning month! <a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a> recorded a 3.1% increase this month, marking the largest two-month gain since November 2022. <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> also had a positive month, rising by 2.9% in July. It has now experienced five consecutive months of gains, making it the longest continuous upward trend since August 2021 and achieving the largest five-month percentage gain since June 2021. <a href=\"https://ttm.financial/S/.IXIC\">$NASDAQ(.IXIC)$</a> performed particularly well, with a 3.7% increase in July, marking the fifth consecutive month of gains for the index and its largest five-month percentage gain since","listText":"On the last day of July, all three major U.S. stock indices closed the month with gains.1. July marks a winning month! <a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a> recorded a 3.1% increase this month, marking the largest two-month gain since November 2022. <a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> also had a positive month, rising by 2.9% in July. It has now experienced five consecutive months of gains, making it the longest continuous upward trend since August 2021 and achieving the largest five-month percentage gain since June 2021. <a href=\"https://ttm.financial/S/.IXIC\">$NASDAQ(.IXIC)$</a> performed particularly well, with a 3.7% increase in July, marking the fifth consecutive month of gains for the index and its largest five-month percentage gain since","text":"On the last day of July, all three major U.S. stock indices closed the month with gains.1. July marks a winning month! $DJIA(.DJI)$ recorded a 3.1% increase this month, marking the largest two-month gain since November 2022. $S&P 500(.SPX)$ also had a positive month, rising by 2.9% in July. It has now experienced five consecutive months of gains, making it the longest continuous upward trend since August 2021 and achieving the largest five-month percentage gain since June 2021. $NASDAQ(.IXIC)$ performed particularly well, with a 3.7% increase in July, marking the fifth consecutive month of gains for the index and its largest five-month percentage gain since","images":[{"img":"https://community-static.tradeup.com/news/24936fc0b7ec36d34e3c4dbe4cf32002","width":"1541","height":"824"},{"img":"https://community-static.tradeup.com/news/78d682139caa1d9f614f189dcf4123e4","width":"1280","height":"720"},{"img":"https://community-static.tradeup.com/news/9e6b77f9849ef5d0ef8079edb8b63022","width":"674","height":"416"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204398082560104","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":205026771099824,"gmtCreate":1691064730419,"gmtModify":1691064733489,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205026771099824","repostId":"204365388783848","repostType":1,"repost":{"id":204365388783848,"gmtCreate":1690899029764,"gmtModify":1690899190900,"author":{"id":"9000000000000419","authorId":"9000000000000419","name":"WallStreet_Tiger","avatar":"https://community-static.tradeup.com/news/1fdbba25bcf5dea3f281241ba1320d10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000419","authorIdStr":"9000000000000419"},"themes":[],"title":"🎁Top Movers | NKLA Jumps 20% on Another Order; ANET Beats Outlook","htmlText":"1. <a href=\"https://ttm.financial/S/NKLA\">$Nikola Corporation(NKLA)$</a> +22.91%&nbsp;climbing alongside a truck orderNikola stock is experiencing a rise in value following a new truck order from <a href=\"https://ttm.financial/S/JBHT\">$JB Hunt Transport(JBHT)$</a> . J.B. Hunt is purchasing 13 trucks from Nikola, which includes 10 electric trucks and three hydrogen fuel cell trucks.These trucks are expected to be delivered in August and will be utilized on key routes near Los Angeles and Phoenix. In addition to providing the trucks, Nikola will also supply hydrogen and fueling infrastructure for the vehicles.The announcement of this order has positively impacted NKLA stock, with a notable increase in trading volume.&nbsp;&nbsp;2. <a href=\"https://ttm.financial/S/FUBO\">$fuboTV Inc.(FUBO)$</a>","listText":"1. <a href=\"https://ttm.financial/S/NKLA\">$Nikola Corporation(NKLA)$</a> +22.91%&nbsp;climbing alongside a truck orderNikola stock is experiencing a rise in value following a new truck order from <a href=\"https://ttm.financial/S/JBHT\">$JB Hunt Transport(JBHT)$</a> . J.B. Hunt is purchasing 13 trucks from Nikola, which includes 10 electric trucks and three hydrogen fuel cell trucks.These trucks are expected to be delivered in August and will be utilized on key routes near Los Angeles and Phoenix. In addition to providing the trucks, Nikola will also supply hydrogen and fueling infrastructure for the vehicles.The announcement of this order has positively impacted NKLA stock, with a notable increase in trading volume.&nbsp;&nbsp;2. <a href=\"https://ttm.financial/S/FUBO\">$fuboTV Inc.(FUBO)$</a>","text":"1. $Nikola Corporation(NKLA)$ +22.91% climbing alongside a truck orderNikola stock is experiencing a rise in value following a new truck order from $JB Hunt Transport(JBHT)$ . J.B. Hunt is purchasing 13 trucks from Nikola, which includes 10 electric trucks and three hydrogen fuel cell trucks.These trucks are expected to be delivered in August and will be utilized on key routes near Los Angeles and Phoenix. In addition to providing the trucks, Nikola will also supply hydrogen and fueling infrastructure for the vehicles.The announcement of this order has positively impacted NKLA stock, with a notable increase in trading volume. 2. $fuboTV Inc.(FUBO)$","images":[{"img":"https://community-static.tradeup.com/news/04b8fcdc5c91d8eb3ce62125d4f6bd9c","width":"1080","height":"540"},{"img":"https://community-static.tradeup.com/news/4b79ce1bf83aa8e930676a29b2c5adff","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/96bf5389f63087c50f0eac0e55e458ae","width":"560","height":"240"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204365388783848","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":205026065105000,"gmtCreate":1691064714614,"gmtModify":1691064719664,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205026065105000","repostId":"204375062122600","repostType":1,"repost":{"id":204375062122600,"gmtCreate":1690901531987,"gmtModify":1690901669581,"author":{"id":"4150434403555182","authorId":"4150434403555182","name":"AI Earnings","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4150434403555182","authorIdStr":"4150434403555182"},"themes":[],"title":"Exxon Mobil(XOM) 2023Q2 Earnings Summary","htmlText":"Bullish Points: 1. Net income for the six months ended June 30, 2023: $19,996 million. 2. Total revenues and other income for the six months ended June 30, 2023: $169,478 million. 3. Net cash provided by operating activities for the six months ended June 30, 2023: $25,724 million. 4. Additions to property, plant, and equipment for the six months ended June 30, 2023: $10,771 million. 5. Natural gas prices remained above the 10-year average despite declining in the first half. 6. Denbury Acquisition announced on July 13, 2023, to accelerate Low Carbon Solutions opportunities. 7. Specialty Products: Q2 2023 earnings were $671 million, up from $417 million in Q2 2022. Bearish Points: 1. Impairment charges related to Sakhalin-1 project: $3.4 billion after-tax, $4.6 billion before-tax (first-qua","listText":"Bullish Points: 1. Net income for the six months ended June 30, 2023: $19,996 million. 2. Total revenues and other income for the six months ended June 30, 2023: $169,478 million. 3. Net cash provided by operating activities for the six months ended June 30, 2023: $25,724 million. 4. Additions to property, plant, and equipment for the six months ended June 30, 2023: $10,771 million. 5. Natural gas prices remained above the 10-year average despite declining in the first half. 6. Denbury Acquisition announced on July 13, 2023, to accelerate Low Carbon Solutions opportunities. 7. Specialty Products: Q2 2023 earnings were $671 million, up from $417 million in Q2 2022. Bearish Points: 1. Impairment charges related to Sakhalin-1 project: $3.4 billion after-tax, $4.6 billion before-tax (first-qua","text":"Bullish Points: 1. Net income for the six months ended June 30, 2023: $19,996 million. 2. Total revenues and other income for the six months ended June 30, 2023: $169,478 million. 3. Net cash provided by operating activities for the six months ended June 30, 2023: $25,724 million. 4. Additions to property, plant, and equipment for the six months ended June 30, 2023: $10,771 million. 5. Natural gas prices remained above the 10-year average despite declining in the first half. 6. Denbury Acquisition announced on July 13, 2023, to accelerate Low Carbon Solutions opportunities. 7. Specialty Products: Q2 2023 earnings were $671 million, up from $417 million in Q2 2022. Bearish Points: 1. Impairment charges related to Sakhalin-1 project: $3.4 billion after-tax, $4.6 billion before-tax (first-qua","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204375062122600","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":205025922478232,"gmtCreate":1691064694533,"gmtModify":1691064699137,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205025922478232","repostId":"204381276983400","repostType":1,"repost":{"id":204381276983400,"gmtCreate":1690903049287,"gmtModify":1690903076585,"author":{"id":"10000000000010843","authorId":"10000000000010843","name":"EV_Dig","avatar":"https://community-static.tradeup.com/news/26122a7132bbb61e091633ebd6524dd8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"10000000000010843","authorIdStr":"10000000000010843"},"themes":[],"title":"After Volkswagen Invests XPEV, EV Industry Enters Into Intelligent Competition","htmlText":"<a href=\"https://ttm.financial/S/VWAGY\">$Volkswagen AG(VWAGY)$</a> , an old car company, invested 700 million dollars in <a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a> , a new force of Chinese automotive industry, which triggered heated discussions in the industry and also marked that the competition between new-energy vehicles has entered a new stage.As the industry with the strongest growth potential in recent years, China's new energy vehicle market has formed a trend of \"two super and multiple strong\" after fierce competition.Under the leadership of <a href=\"https://ttm.financial/S/BYDDY\">$BYD Co., Ltd.(BYDDY)$</a> and <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> 's \"dual superpowers\", traditional car companies and new car manufacturing forces have tak","listText":"<a href=\"https://ttm.financial/S/VWAGY\">$Volkswagen AG(VWAGY)$</a> , an old car company, invested 700 million dollars in <a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a> , a new force of Chinese automotive industry, which triggered heated discussions in the industry and also marked that the competition between new-energy vehicles has entered a new stage.As the industry with the strongest growth potential in recent years, China's new energy vehicle market has formed a trend of \"two super and multiple strong\" after fierce competition.Under the leadership of <a href=\"https://ttm.financial/S/BYDDY\">$BYD Co., Ltd.(BYDDY)$</a> and <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> 's \"dual superpowers\", traditional car companies and new car manufacturing forces have tak","text":"$Volkswagen AG(VWAGY)$ , an old car company, invested 700 million dollars in $XPeng Inc.(XPEV)$ , a new force of Chinese automotive industry, which triggered heated discussions in the industry and also marked that the competition between new-energy vehicles has entered a new stage.As the industry with the strongest growth potential in recent years, China's new energy vehicle market has formed a trend of \"two super and multiple strong\" after fierce competition.Under the leadership of $BYD Co., Ltd.(BYDDY)$ and $Tesla Motors(TSLA)$ 's \"dual superpowers\", traditional car companies and new car manufacturing forces have tak","images":[{"img":"https://community-static.tradeup.com/news/f4ba69987218b82652951bb1f29c6034","width":"997","height":"656"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204381276983400","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201762899345616,"gmtCreate":1690295142740,"gmtModify":1690295145860,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201762899345616","repostId":"201417150664784","repostType":1,"repost":{"id":201417150664784,"gmtCreate":1690201666180,"gmtModify":1690201904259,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570103090255456","authorIdStr":"3570103090255456"},"themes":[],"title":"Q2 Earnings, Data, Interest Controls US Market This Week.","htmlText":"US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&amp;P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( <a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$</a>) Health Care ( <a href=\"https://ttm.financial/S/XLV\">$Health Care Select Sector SPDR Fund(XLV)$</a>). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly Earnings","listText":"US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&amp;P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( <a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$</a>) Health Care ( <a href=\"https://ttm.financial/S/XLV\">$Health Care Select Sector SPDR Fund(XLV)$</a>). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly Earnings","text":"US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( $Energy Select Sector SPDR Fund(XLE)$) Health Care ( $Health Care Select Sector SPDR Fund(XLV)$). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly Earnings","images":[{"img":"https://community-static.tradeup.com/news/8a9368cfc61e17efdd53461f75ce061e","width":"1224","height":"172"},{"img":"https://community-static.tradeup.com/news/88b8a09b3c96ba322981c4d060136d2d","width":"972","height":"173"},{"img":"https://community-static.tradeup.com/news/b7e3956a8f876d85397bbe3cf986d380","width":"1759","height":"365"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201417150664784","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":9,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201763555299472,"gmtCreate":1690295128522,"gmtModify":1690295131612,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201763555299472","repostId":"201203653947472","repostType":1,"repost":{"id":201203653947472,"gmtCreate":1690152768187,"gmtModify":1690152781677,"author":{"id":"4102123614530830","authorId":"4102123614530830","name":"nerdbull1669","avatar":"https://community-static.tradeup.com/news/8ac2db9ff7976dac4aa567ce14027bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102123614530830","authorIdStr":"4102123614530830"},"themes":[],"title":"AI: The Catalyst for Metaverse Growth and Reshaping","htmlText":"I believe we know that big tech like <a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a> and Microsoft has closed down their metaverse project and lose some money. I asked myself this question, will Metaverse be back? With the A.I. now getting more and more noticed. There will be implementation of The concept of the metaverse, a virtual shared space where individuals interact, socialize, and engage in various activities, has fascinated science fiction enthusiasts for decades. However, with recent advancements in artificial intelligence (AI) technology, the metaverse is rapidly becoming a reality. AI has emerged as a pivotal force in reshaping and propelling the metaverse forward, unlocking its potential to revolutionize human interaction, education, entertainment, an","listText":"I believe we know that big tech like <a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a> and Microsoft has closed down their metaverse project and lose some money. I asked myself this question, will Metaverse be back? With the A.I. now getting more and more noticed. There will be implementation of The concept of the metaverse, a virtual shared space where individuals interact, socialize, and engage in various activities, has fascinated science fiction enthusiasts for decades. However, with recent advancements in artificial intelligence (AI) technology, the metaverse is rapidly becoming a reality. AI has emerged as a pivotal force in reshaping and propelling the metaverse forward, unlocking its potential to revolutionize human interaction, education, entertainment, an","text":"I believe we know that big tech like $Meta Platforms, Inc.(META)$ and Microsoft has closed down their metaverse project and lose some money. I asked myself this question, will Metaverse be back? With the A.I. now getting more and more noticed. There will be implementation of The concept of the metaverse, a virtual shared space where individuals interact, socialize, and engage in various activities, has fascinated science fiction enthusiasts for decades. However, with recent advancements in artificial intelligence (AI) technology, the metaverse is rapidly becoming a reality. AI has emerged as a pivotal force in reshaping and propelling the metaverse forward, unlocking its potential to revolutionize human interaction, education, entertainment, an","images":[{"img":"https://community-static.tradeup.com/news/99582e3ce872506475a614020a1ad3a5","width":"1280","height":"1280"},{"img":"https://community-static.tradeup.com/news/1c558529d1b42c960f2ba3116950036b","width":"1280","height":"1024"},{"img":"https://community-static.tradeup.com/news/1d4023e9b16867ef987d1883aff516ed","width":"1280","height":"853"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201203653947472","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201763457241088,"gmtCreate":1690295103045,"gmtModify":1690295107458,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201763457241088","repostId":"201414767087704","repostType":1,"repost":{"id":201414767087704,"gmtCreate":1690201153362,"gmtModify":1690201881176,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574381076586256","authorIdStr":"3574381076586256"},"themes":[],"title":"The Economy - could the Fed lead the decline?","htmlText":"It is hard to predict when and to what extent is the coming recession. Public and private spending make up the GDP (of the economy). US government spending contributes to about 37% of the GDP and the balance is 63% from the private sector. Goods make up about 77% and services about 23% of the same GDP (mix of public &amp; private). The fact that most of the S&amp;P500 companies are global companies will also add to the complication of revenue and profits from across the regions. That is why some companies split the earnings into regions &amp; countries to better account for the revenue, profits, costs &amp; also the gains/losses from foreign exchange. Fiscal spending What the market does not see as data is how government fiscal mismanagement is clocking up expenses paid to interest on tre","listText":"It is hard to predict when and to what extent is the coming recession. Public and private spending make up the GDP (of the economy). US government spending contributes to about 37% of the GDP and the balance is 63% from the private sector. Goods make up about 77% and services about 23% of the same GDP (mix of public &amp; private). The fact that most of the S&amp;P500 companies are global companies will also add to the complication of revenue and profits from across the regions. That is why some companies split the earnings into regions &amp; countries to better account for the revenue, profits, costs &amp; also the gains/losses from foreign exchange. Fiscal spending What the market does not see as data is how government fiscal mismanagement is clocking up expenses paid to interest on tre","text":"It is hard to predict when and to what extent is the coming recession. Public and private spending make up the GDP (of the economy). US government spending contributes to about 37% of the GDP and the balance is 63% from the private sector. Goods make up about 77% and services about 23% of the same GDP (mix of public & private). The fact that most of the S&P500 companies are global companies will also add to the complication of revenue and profits from across the regions. That is why some companies split the earnings into regions & countries to better account for the revenue, profits, costs & also the gains/losses from foreign exchange. Fiscal spending What the market does not see as data is how government fiscal mismanagement is clocking up expenses paid to interest on tre","images":[{"img":"https://community-static.tradeup.com/news/a1eee1deedae3352e26ef1d54db19eb5","width":"200","height":"200"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201414767087704","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":867,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201762948567216,"gmtCreate":1690295089768,"gmtModify":1690295092974,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201762948567216","repostId":"201417150664784","repostType":1,"repost":{"id":201417150664784,"gmtCreate":1690201666180,"gmtModify":1690201904259,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570103090255456","authorIdStr":"3570103090255456"},"themes":[],"title":"Q2 Earnings, Data, Interest Controls US Market This Week.","htmlText":"US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&amp;P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( <a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$</a>) Health Care ( <a href=\"https://ttm.financial/S/XLV\">$Health Care Select Sector SPDR Fund(XLV)$</a>). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly Earnings","listText":"US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&amp;P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( <a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$</a>) Health Care ( <a href=\"https://ttm.financial/S/XLV\">$Health Care Select Sector SPDR Fund(XLV)$</a>). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly Earnings","text":"US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( $Energy Select Sector SPDR Fund(XLE)$) Health Care ( $Health Care Select Sector SPDR Fund(XLV)$). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly Earnings","images":[{"img":"https://community-static.tradeup.com/news/8a9368cfc61e17efdd53461f75ce061e","width":"1224","height":"172"},{"img":"https://community-static.tradeup.com/news/88b8a09b3c96ba322981c4d060136d2d","width":"972","height":"173"},{"img":"https://community-static.tradeup.com/news/b7e3956a8f876d85397bbe3cf986d380","width":"1759","height":"365"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201417150664784","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":9,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201763391258712,"gmtCreate":1690295076734,"gmtModify":1690295079880,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201763391258712","repostId":"201418234679496","repostType":1,"repost":{"id":201418234679496,"gmtCreate":1690201753738,"gmtModify":1690201906431,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"themes":[],"title":"Signs Of Exhaustion For TSLA  😮‍💨","htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>BearishShares of Tesla Inc. fell into correction territory last Friday, and their chart suggests the selloffs are likely to continue for awhile longer. ⚠️ Trading tips: Looking at puts below 254 towards 251.5, 250, 247 and calls above 257.5 on Monday. Flat price action leading to FOMC on Wednesday expected. Not pretty for TSLA bulls Tesla’s stock has been on a downward trend since last Wednesday, even after the company reported better-than-expected earnings and revenue for the second quarter and maintained its delivery guidance. Analysts highlighted the role of “other income” in boosting the results, while some expressed unease over the lack of clarity on the company’s margin trajectory.&nbsp;CEO Elon Musk‘s remarks hint","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>BearishShares of Tesla Inc. fell into correction territory last Friday, and their chart suggests the selloffs are likely to continue for awhile longer. ⚠️ Trading tips: Looking at puts below 254 towards 251.5, 250, 247 and calls above 257.5 on Monday. Flat price action leading to FOMC on Wednesday expected. Not pretty for TSLA bulls Tesla’s stock has been on a downward trend since last Wednesday, even after the company reported better-than-expected earnings and revenue for the second quarter and maintained its delivery guidance. Analysts highlighted the role of “other income” in boosting the results, while some expressed unease over the lack of clarity on the company’s margin trajectory.&nbsp;CEO Elon Musk‘s remarks hint","text":"$Tesla Motors(TSLA)$ BearishShares of Tesla Inc. fell into correction territory last Friday, and their chart suggests the selloffs are likely to continue for awhile longer. ⚠️ Trading tips: Looking at puts below 254 towards 251.5, 250, 247 and calls above 257.5 on Monday. Flat price action leading to FOMC on Wednesday expected. Not pretty for TSLA bulls Tesla’s stock has been on a downward trend since last Wednesday, even after the company reported better-than-expected earnings and revenue for the second quarter and maintained its delivery guidance. Analysts highlighted the role of “other income” in boosting the results, while some expressed unease over the lack of clarity on the company’s margin trajectory. CEO Elon Musk‘s remarks hint","images":[{"img":"https://community-static.tradeup.com/news/7e154b9d6718ac7aa0514be92a4e7fb8","width":"1284","height":"1317"},{"img":"https://community-static.tradeup.com/news/60431eab882faca52d670cc34989aa95","width":"1920","height":"1080"},{"img":"https://community-static.tradeup.com/news/d75507b5e7047b8fc847b7e3598c164e","width":"662","height":"595"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201418234679496","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932145324,"gmtCreate":1662905665668,"gmtModify":1676537160714,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932145324","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=&edition=full_marsco","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>","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>How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</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\">\nHow a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油","BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BRK.A":"伯克希尔","BK4201":"综合性石油与天然气企业","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938683720,"gmtCreate":1662600675060,"gmtModify":1676537097709,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938683720","repostId":"1119363305","repostType":4,"repost":{"id":"1119363305","kind":"news","pubTimestamp":1662613739,"share":"https://ttm.financial/m/news/1119363305?lang=&edition=full_marsco","pubTime":"2022-09-08 13:08","market":"us","language":"en","title":"Tim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once","url":"https://stock-news.laohu8.com/highlight/detail?id=1119363305","media":"MarketWatch","summary":"Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif.","content":"<html><head></head><body><p>Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphones</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/689ed65479a46375dcaf6fa32912c643\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Apple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif. GETTY IMAGES</span></p><p>Chief Executive Tim Cook didn’t show off “one more thing” on Wednesday, but he did have one new Apple Inc. offering to share: reasonable pricing.</p><p>Apple has long shown a willingness to charge premium prices for its iPhones, including breaking the $1,000 barrier a few years back with the iPhone X, and was expected to increase prices on the smartphones again with the iPhone 14 unveiling on Wednesday. Cook kept the price the same as the last two iPhone models, however, and even added in some other deals: Free satellite emergency service for two years, and an update to Apple Care+ to remove a limit on the number of repairs each year.</p><p>“It was a shock, I thought a $100 price increase was a foregone conclusion,” said Dan Ives, an analyst at Wedbush Securities. “Apple read the room and Cook didn’t want to raise prices.”</p><p>At the very least, analysts expected Apple to increase prices on its top-end smartphones, the iPhone Pro and Pro Max. Maribel Lopez, principal analyst at Lopez Research, said she had been hearing talk of price hikes of up to several hundred dollars that would “fork the line,” or allow greater separation between lower-priced and premium offerings.</p><p>“This was their opportunity, they were going to fork the line, and have very affordable and very flagship, and that was surprising that didn’t happen,” Lopez said. “I think that is the right move. It’s becoming difficult to get people to upgrade, they hold onto them longer, they are not inexpensive.”</p><p>The concern for investors from this move would be Apple’s profit margin. Record inflation has not just hit consumers — electronics manufacturers are seeing higher prices and uncertain supply of many components. The 15-year-old iPhone family is still Apple’s biggest revenue and profit generator, even as it is a mature product, so a margin decline would be felt acutely on the overall bottom line.</p><p>Lopez and Ives said the move should not be too much of a drag on Apple’s margins, however, thanks to strength with suppliers and a move toward using Apple’s own semiconductors.</p><p>“They have more control over their supply chain,” Ives said, adding that “the Apple silicon gives them flexibility.”</p><p>“Everything being an A or an M chip, that allows them a certain flexibility,” Lopez said. “It’s a classic vertical integration strategy.”</p><p>Apple unveiled some new offerings that were not price-related, mostly features targeted at increasingly specific audiences, such as the Apple Ultra Watch for serious fitness enthusiasts. But Cook again didn’t take the opportunity to use co-founder Steve Jobs’ product-launch catchphrase, “one more thing,” at the end of an unveiling to show off the next big product — even though Apple may have a big launch on the way.</p><p>Apple reportedly is working on three sets of augmented/virtual-reality glasses, with one expected to launch next year and compete with Meta Platforms Inc.’s Oculus offerings. It would be only the second major product category to launch under Cook’s leadership, beside the Apple Watch.</p><p>But Apple never shows off the next big thing without a fully formed product ready to roll. So instead, Cook is just trying to keep consumers happy with new iPhones — at flat prices with better cameras, longer battery life and new features — until its next foray is actually ready.</p><p>That doesn’t do much for investors, though. They are still wondering when they will get a glimpse at the next device they are betting on, and will have to worry about the possibility of declining margins while they wait.</p><p><b>Also Read: Apple Launching iPhone 14 and Other Products, a &#39;Major Feat&#39; Says Analyst</b>  Sources: StreetInsider</p><p>Apple (NASDAQ:AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.</p><p>While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.</p><p>The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max.Apple said the 14 and 14 Plus models include the A15 Bionic chip with a 5-core GPU, while the 14 Pro and Pro Max are powered by A16 Bionic, the fastest chip ever in a smartphone.</p><p>Furthermore, Apple announced new satellite-enabled services for some of its products, with Globalstar, a satellite communications firm, managing the satellite-powered emergency SOS service.</p><p>Apple will pay 95% of the approved capital spending Globalstar makes in connection with the new satellites, according to a filing.It also states that they are expected to make the services available to customers during the fourth quarter of 2022.</p><p>Globalstar shares surged following the news earlier today but closed the session down 1.4%.</p><p>Reacting to the Apple announcements and event, Wedbush analyst Daniel Ives, who has an Outperform rating and a $220 price target on the stock, said, &#34;the Apple Watch and AirPods have transformed from a rounding error to a significant tangential product segment at Apple.&#34;</p><p>He added that it speaks to the monetization of a golden 1.8 billion iOS installed base that remains &#34;unmatched globally.&#34;</p><p>&#34;Taking a step back, launching 3 new core hardware products within the Apple ecosystem despite the biggest supply chain crisis seen in modern history is a major feat for Cook &amp; Co., especially with the zero Covid shutdowns in China seen in April/May,&#34; he added.</p><p>Commenting specifically on the iPhone 14 launch, Ives stated they believe the &#34;initial order for 90 million iPhone 14 units out of the gates with Asian suppliers has stayed firm&#34; based on recent checks and will be roughly flat with iPhone 13 despite the macro storm clouds building.&#34;</p><p>Apple shares gained just under 1% in Wednesday&#39;s session.</p></body></html>","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>Tim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once</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\">\nTim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 13:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif....</p>\n\n<a href=\"https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews\">Web 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.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119363305","content_text":"Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif. GETTY IMAGESChief Executive Tim Cook didn’t show off “one more thing” on Wednesday, but he did have one new Apple Inc. offering to share: reasonable pricing.Apple has long shown a willingness to charge premium prices for its iPhones, including breaking the $1,000 barrier a few years back with the iPhone X, and was expected to increase prices on the smartphones again with the iPhone 14 unveiling on Wednesday. Cook kept the price the same as the last two iPhone models, however, and even added in some other deals: Free satellite emergency service for two years, and an update to Apple Care+ to remove a limit on the number of repairs each year.“It was a shock, I thought a $100 price increase was a foregone conclusion,” said Dan Ives, an analyst at Wedbush Securities. “Apple read the room and Cook didn’t want to raise prices.”At the very least, analysts expected Apple to increase prices on its top-end smartphones, the iPhone Pro and Pro Max. Maribel Lopez, principal analyst at Lopez Research, said she had been hearing talk of price hikes of up to several hundred dollars that would “fork the line,” or allow greater separation between lower-priced and premium offerings.“This was their opportunity, they were going to fork the line, and have very affordable and very flagship, and that was surprising that didn’t happen,” Lopez said. “I think that is the right move. It’s becoming difficult to get people to upgrade, they hold onto them longer, they are not inexpensive.”The concern for investors from this move would be Apple’s profit margin. Record inflation has not just hit consumers — electronics manufacturers are seeing higher prices and uncertain supply of many components. The 15-year-old iPhone family is still Apple’s biggest revenue and profit generator, even as it is a mature product, so a margin decline would be felt acutely on the overall bottom line.Lopez and Ives said the move should not be too much of a drag on Apple’s margins, however, thanks to strength with suppliers and a move toward using Apple’s own semiconductors.“They have more control over their supply chain,” Ives said, adding that “the Apple silicon gives them flexibility.”“Everything being an A or an M chip, that allows them a certain flexibility,” Lopez said. “It’s a classic vertical integration strategy.”Apple unveiled some new offerings that were not price-related, mostly features targeted at increasingly specific audiences, such as the Apple Ultra Watch for serious fitness enthusiasts. But Cook again didn’t take the opportunity to use co-founder Steve Jobs’ product-launch catchphrase, “one more thing,” at the end of an unveiling to show off the next big product — even though Apple may have a big launch on the way.Apple reportedly is working on three sets of augmented/virtual-reality glasses, with one expected to launch next year and compete with Meta Platforms Inc.’s Oculus offerings. It would be only the second major product category to launch under Cook’s leadership, beside the Apple Watch.But Apple never shows off the next big thing without a fully formed product ready to roll. So instead, Cook is just trying to keep consumers happy with new iPhones — at flat prices with better cameras, longer battery life and new features — until its next foray is actually ready.That doesn’t do much for investors, though. They are still wondering when they will get a glimpse at the next device they are betting on, and will have to worry about the possibility of declining margins while they wait.Also Read: Apple Launching iPhone 14 and Other Products, a 'Major Feat' Says Analyst  Sources: StreetInsiderApple (NASDAQ:AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max.Apple said the 14 and 14 Plus models include the A15 Bionic chip with a 5-core GPU, while the 14 Pro and Pro Max are powered by A16 Bionic, the fastest chip ever in a smartphone.Furthermore, Apple announced new satellite-enabled services for some of its products, with Globalstar, a satellite communications firm, managing the satellite-powered emergency SOS service.Apple will pay 95% of the approved capital spending Globalstar makes in connection with the new satellites, according to a filing.It also states that they are expected to make the services available to customers during the fourth quarter of 2022.Globalstar shares surged following the news earlier today but closed the session down 1.4%.Reacting to the Apple announcements and event, Wedbush analyst Daniel Ives, who has an Outperform rating and a $220 price target on the stock, said, \"the Apple Watch and AirPods have transformed from a rounding error to a significant tangential product segment at Apple.\"He added that it speaks to the monetization of a golden 1.8 billion iOS installed base that remains \"unmatched globally.\"\"Taking a step back, launching 3 new core hardware products within the Apple ecosystem despite the biggest supply chain crisis seen in modern history is a major feat for Cook & Co., especially with the zero Covid shutdowns in China seen in April/May,\" he added.Commenting specifically on the iPhone 14 launch, Ives stated they believe the \"initial order for 90 million iPhone 14 units out of the gates with Asian suppliers has stayed firm\" based on recent checks and will be roughly flat with iPhone 13 despite the macro storm clouds building.\"Apple shares gained just under 1% in Wednesday's session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939688984,"gmtCreate":1662095873348,"gmtModify":1676536997109,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939688984","repostId":"2264210771","repostType":4,"repost":{"id":"2264210771","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662076475,"share":"https://ttm.financial/m/news/2264210771?lang=&edition=full_marsco","pubTime":"2022-09-02 07:54","market":"us","language":"en","title":"What Does Friday's Jobs Report Mean for the Market? \"Too Hot\" and Stocks Could Tumble, Says Market Pro","url":"https://stock-news.laohu8.com/highlight/detail?id=2264210771","media":"Dow Jones","summary":"August jobs report may once again carry risks for stocks, but in a 'less intense' way than last Frid","content":"<html><head></head><body><p>August jobs report may once again carry risks for stocks, but in a &#39;less intense&#39; way than last Friday&#39;s Powell speech, says Tom Essaye</p><p>With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday&#39;s monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter.</p><p>The Labor Department&#39;s monthly jobs report on Friday, which tracks employment across the public and private sectors, is expected to show the U.S. economy added 318,000 jobs in August, far fewer than the 528,000 jobs that were created in July, according to a survey of economists by The Wall Street Journal. The unemployment rate is seen steady at 3.5%, while the average hourly earnings are estimated to rise 0.4%, following a 0.5% rise in the previous month.</p><p>&#34;The labor market needs to show signs that it&#39;s on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs--and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that&#39;s not good for stocks,&#34; wrote Essaye in a note on Thursday.</p><h2>&#39;Too Hot&#39;</h2><p>According to Essaye, if the employment results come in &#34;too hot&#34; with nonfarm payrolls rising more than 350,000 for the month and the unemployment rate falling below 3.5%, stocks would drop sharply in what might be a &#34;less-intense repeat&#34; of last Friday, as markets price in higher interest rates for longer.</p><p>U.S. stocks tumbled last Friday, with the Dow Jones Industrial Average  closing down more than 1,000 points for its worst daily percentage drop in three months, after Chair Powell said in his Jackson Hole address that the central bank will continue its battle to get the annual inflation rate back to its 2% target &#34;until the job is done&#34;.</p><p>&#34;Numbers this strong would underscore that the labor market remains out of balance, and that would keep the Fed focused on slowing demand via higher rates,&#34; said Essaye. &#34;Practically, this would increase the chances the &#39;terminal&#39; fed funds rate moves above 4% and hopes for a rate cut in 2023 would likely be dashed.&#34;</p><p>He expects the yield-curve spread between the 10-year and 2-year Treasurys to rise as the 2-year yield shoots higher on the prospect of higher rates, while the 10-year yield would also likely rise, but less so.</p><p>The 2-year Treasury yield hit a fresh 15-year high  at 3.528% on Thursday, while the 10-year Treasury yield  climbed to 3.266%, its highest level since late June.</p><h2>&#39;Just Right&#39;</h2><p>However, if job growth falls in a range of zero to 300,000 while the unemployment rate rises above 3.7%, the stock market may expect a modest rally given the drop in stocks over the past five days, according to Essaye.</p><p>U.S. stocks were mixed in late trade on Thursday.  The Dow Jones Industrial Average  was up 40 points, or 0.1%. The S&amp;P 500  lost 0.1%, while the Nasdaq Composite  was off 0.8%. All three major indexes have fallen for four straight sessions.</p><p>&#34;We wouldn&#39;t expect an explosion higher in stocks because a &#39;Just Right&#39; jobs report still wouldn&#39;t bring back the idea of an imminent Fed pivot,&#34; said Essaye. &#34;(It) would not make the Fed get more hawkish and keep alive the hope that the Fed could cut rates in 2023.&#34;</p><h2>&#39;Too Cold&#39;</h2><p>In the worst case scenario with a negative jobs print for August and a spike in the unemployment rate, stocks may jump on a &#34;bad is good&#34; mindset though the Fed won&#39;t pivot away from its monetary tightening as &#34;a soft number won&#39;t change the Fed&#39;s calculus for the next several meetings -- &#39;we&#39;re still getting 50-75 bps in September&#39;, so we would not be inclined to chase that rally,&#34; according to Essaye.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Does Friday's Jobs Report Mean for the Market? \"Too Hot\" and Stocks Could Tumble, Says Market Pro</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\">\nWhat Does Friday's Jobs Report Mean for the Market? \"Too Hot\" and Stocks Could Tumble, Says Market Pro\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-02 07:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>August jobs report may once again carry risks for stocks, but in a &#39;less intense&#39; way than last Friday&#39;s Powell speech, says Tom Essaye</p><p>With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday&#39;s monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter.</p><p>The Labor Department&#39;s monthly jobs report on Friday, which tracks employment across the public and private sectors, is expected to show the U.S. economy added 318,000 jobs in August, far fewer than the 528,000 jobs that were created in July, according to a survey of economists by The Wall Street Journal. The unemployment rate is seen steady at 3.5%, while the average hourly earnings are estimated to rise 0.4%, following a 0.5% rise in the previous month.</p><p>&#34;The labor market needs to show signs that it&#39;s on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs--and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that&#39;s not good for stocks,&#34; wrote Essaye in a note on Thursday.</p><h2>&#39;Too Hot&#39;</h2><p>According to Essaye, if the employment results come in &#34;too hot&#34; with nonfarm payrolls rising more than 350,000 for the month and the unemployment rate falling below 3.5%, stocks would drop sharply in what might be a &#34;less-intense repeat&#34; of last Friday, as markets price in higher interest rates for longer.</p><p>U.S. stocks tumbled last Friday, with the Dow Jones Industrial Average  closing down more than 1,000 points for its worst daily percentage drop in three months, after Chair Powell said in his Jackson Hole address that the central bank will continue its battle to get the annual inflation rate back to its 2% target &#34;until the job is done&#34;.</p><p>&#34;Numbers this strong would underscore that the labor market remains out of balance, and that would keep the Fed focused on slowing demand via higher rates,&#34; said Essaye. &#34;Practically, this would increase the chances the &#39;terminal&#39; fed funds rate moves above 4% and hopes for a rate cut in 2023 would likely be dashed.&#34;</p><p>He expects the yield-curve spread between the 10-year and 2-year Treasurys to rise as the 2-year yield shoots higher on the prospect of higher rates, while the 10-year yield would also likely rise, but less so.</p><p>The 2-year Treasury yield hit a fresh 15-year high  at 3.528% on Thursday, while the 10-year Treasury yield  climbed to 3.266%, its highest level since late June.</p><h2>&#39;Just Right&#39;</h2><p>However, if job growth falls in a range of zero to 300,000 while the unemployment rate rises above 3.7%, the stock market may expect a modest rally given the drop in stocks over the past five days, according to Essaye.</p><p>U.S. stocks were mixed in late trade on Thursday.  The Dow Jones Industrial Average  was up 40 points, or 0.1%. The S&amp;P 500  lost 0.1%, while the Nasdaq Composite  was off 0.8%. All three major indexes have fallen for four straight sessions.</p><p>&#34;We wouldn&#39;t expect an explosion higher in stocks because a &#39;Just Right&#39; jobs report still wouldn&#39;t bring back the idea of an imminent Fed pivot,&#34; said Essaye. &#34;(It) would not make the Fed get more hawkish and keep alive the hope that the Fed could cut rates in 2023.&#34;</p><h2>&#39;Too Cold&#39;</h2><p>In the worst case scenario with a negative jobs print for August and a spike in the unemployment rate, stocks may jump on a &#34;bad is good&#34; mindset though the Fed won&#39;t pivot away from its monetary tightening as &#34;a soft number won&#39;t change the Fed&#39;s calculus for the next several meetings -- &#39;we&#39;re still getting 50-75 bps in September&#39;, so we would not be inclined to chase that rally,&#34; according to Essaye.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264210771","content_text":"August jobs report may once again carry risks for stocks, but in a 'less intense' way than last Friday's Powell speech, says Tom EssayeWith Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday's monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter.The Labor Department's monthly jobs report on Friday, which tracks employment across the public and private sectors, is expected to show the U.S. economy added 318,000 jobs in August, far fewer than the 528,000 jobs that were created in July, according to a survey of economists by The Wall Street Journal. The unemployment rate is seen steady at 3.5%, while the average hourly earnings are estimated to rise 0.4%, following a 0.5% rise in the previous month.\"The labor market needs to show signs that it's on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs--and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that's not good for stocks,\" wrote Essaye in a note on Thursday.'Too Hot'According to Essaye, if the employment results come in \"too hot\" with nonfarm payrolls rising more than 350,000 for the month and the unemployment rate falling below 3.5%, stocks would drop sharply in what might be a \"less-intense repeat\" of last Friday, as markets price in higher interest rates for longer.U.S. stocks tumbled last Friday, with the Dow Jones Industrial Average  closing down more than 1,000 points for its worst daily percentage drop in three months, after Chair Powell said in his Jackson Hole address that the central bank will continue its battle to get the annual inflation rate back to its 2% target \"until the job is done\".\"Numbers this strong would underscore that the labor market remains out of balance, and that would keep the Fed focused on slowing demand via higher rates,\" said Essaye. \"Practically, this would increase the chances the 'terminal' fed funds rate moves above 4% and hopes for a rate cut in 2023 would likely be dashed.\"He expects the yield-curve spread between the 10-year and 2-year Treasurys to rise as the 2-year yield shoots higher on the prospect of higher rates, while the 10-year yield would also likely rise, but less so.The 2-year Treasury yield hit a fresh 15-year high  at 3.528% on Thursday, while the 10-year Treasury yield  climbed to 3.266%, its highest level since late June.'Just Right'However, if job growth falls in a range of zero to 300,000 while the unemployment rate rises above 3.7%, the stock market may expect a modest rally given the drop in stocks over the past five days, according to Essaye.U.S. stocks were mixed in late trade on Thursday.  The Dow Jones Industrial Average  was up 40 points, or 0.1%. The S&P 500  lost 0.1%, while the Nasdaq Composite  was off 0.8%. All three major indexes have fallen for four straight sessions.\"We wouldn't expect an explosion higher in stocks because a 'Just Right' jobs report still wouldn't bring back the idea of an imminent Fed pivot,\" said Essaye. \"(It) would not make the Fed get more hawkish and keep alive the hope that the Fed could cut rates in 2023.\"'Too Cold'In the worst case scenario with a negative jobs print for August and a spike in the unemployment rate, stocks may jump on a \"bad is good\" mindset though the Fed won't pivot away from its monetary tightening as \"a soft number won't change the Fed's calculus for the next several meetings -- 'we're still getting 50-75 bps in September', so we would not be inclined to chase that rally,\" according to Essaye.","news_type":1},"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997409041,"gmtCreate":1661827705285,"gmtModify":1676536587178,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997409041","repostId":"2263109101","repostType":2,"repost":{"id":"2263109101","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1661814937,"share":"https://ttm.financial/m/news/2263109101?lang=&edition=full_marsco","pubTime":"2022-08-30 07:15","market":"us","language":"en","title":"Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2263109101","media":"Dow Jones","summary":"As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand ","content":"<html><head></head><body><p>As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&amp;P 500.</p><p>Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn&#39;t presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&amp;P 500  might be enough to change his mind.</p><p>&#34;At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,&#34; Krinsky said.</p><p><img src=\"https://static.tigerbbs.com/dce469daebbdb715f6ef8c9f67b0682c\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"/></p><p>Krinsky is hardly alone in expecting more pain for stocks in the near term.</p><p>Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday&#39;s drawdown marked the seventh time this year that the S&amp;P 500 has fallen by 3% or more in a single session.</p><p>Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&amp;P 500 has been minus 0.4%.</p><p>&#34;The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday&#39;s rout. In fact, one could justify being quite cautious here,&#34; Colas said.</p><p>Krinsky also highlighted some discouraging trends in Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, one of the market&#39;s most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.</p><p>According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock&#39;s 50-day moving average by one of the largest margins seen over the past 7 years.</p><p>Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.</p><p><img src=\"https://static.tigerbbs.com/3fc468dc195080754276338746d44c6b\" tg-width=\"700\" tg-height=\"434\" width=\"100%\" height=\"auto\"/></p><p>Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical &#34;correction protection model&#34; has shifted to &#34;risk off&#34; territory, after spending a month in &#34;risk on.&#34;</p><p>As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.</p><p><img src=\"https://static.tigerbbs.com/a0f936b030d3c4a047fd0d3c9afe0015\" tg-width=\"700\" tg-height=\"606\" width=\"100%\" height=\"auto\"/></p><p>Since 2011, Asbury&#39;s defensive model has on average underperformed the S&amp;P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.</p><p>One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&amp;P 500 options, climbed above 26 on Monday.</p><p>&#34;Investors likely won&#39;t see an all-clear until the gauge tops 30,&#34; Colas said.</p><p>The main indexes were all in the red around midday on Monday, with the S&amp;P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .</p></body></html>","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>Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say</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\">\nStocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-30 07:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&amp;P 500.</p><p>Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn&#39;t presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&amp;P 500  might be enough to change his mind.</p><p>&#34;At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,&#34; Krinsky said.</p><p><img src=\"https://static.tigerbbs.com/dce469daebbdb715f6ef8c9f67b0682c\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"/></p><p>Krinsky is hardly alone in expecting more pain for stocks in the near term.</p><p>Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday&#39;s drawdown marked the seventh time this year that the S&amp;P 500 has fallen by 3% or more in a single session.</p><p>Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&amp;P 500 has been minus 0.4%.</p><p>&#34;The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday&#39;s rout. In fact, one could justify being quite cautious here,&#34; Colas said.</p><p>Krinsky also highlighted some discouraging trends in Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, one of the market&#39;s most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.</p><p>According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock&#39;s 50-day moving average by one of the largest margins seen over the past 7 years.</p><p>Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.</p><p><img src=\"https://static.tigerbbs.com/3fc468dc195080754276338746d44c6b\" tg-width=\"700\" tg-height=\"434\" width=\"100%\" height=\"auto\"/></p><p>Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical &#34;correction protection model&#34; has shifted to &#34;risk off&#34; territory, after spending a month in &#34;risk on.&#34;</p><p>As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.</p><p><img src=\"https://static.tigerbbs.com/a0f936b030d3c4a047fd0d3c9afe0015\" tg-width=\"700\" tg-height=\"606\" width=\"100%\" height=\"auto\"/></p><p>Since 2011, Asbury&#39;s defensive model has on average underperformed the S&amp;P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.</p><p>One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&amp;P 500 options, climbed above 26 on Monday.</p><p>&#34;Investors likely won&#39;t see an all-clear until the gauge tops 30,&#34; Colas said.</p><p>The main indexes were all in the red around midday on Monday, with the S&amp;P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","AMZN":"亚马逊","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF",".SPX":"S&P 500 Index","AAPL":"苹果","OEX":"标普100","SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2263109101","content_text":"As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&P 500.Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn't presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&P 500  might be enough to change his mind.\"At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,\" Krinsky said.Krinsky is hardly alone in expecting more pain for stocks in the near term.Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday's drawdown marked the seventh time this year that the S&P 500 has fallen by 3% or more in a single session.Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&P 500 has been minus 0.4%.\"The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday's rout. In fact, one could justify being quite cautious here,\" Colas said.Krinsky also highlighted some discouraging trends in Apple Inc. $(AAPL)$, one of the market's most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock's 50-day moving average by one of the largest margins seen over the past 7 years.Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical \"correction protection model\" has shifted to \"risk off\" territory, after spending a month in \"risk on.\"As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.Since 2011, Asbury's defensive model has on average underperformed the S&P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&P 500 options, climbed above 26 on Monday.\"Investors likely won't see an all-clear until the gauge tops 30,\" Colas said.The main indexes were all in the red around midday on Monday, with the S&P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995654612,"gmtCreate":1661470151338,"gmtModify":1676536523395,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995654612","repostId":"2262967539","repostType":4,"repost":{"id":"2262967539","kind":"highlight","pubTimestamp":1661469029,"share":"https://ttm.financial/m/news/2262967539?lang=&edition=full_marsco","pubTime":"2022-08-26 07:10","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2262967539","media":"Reuters","summary":"Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related","content":"<html><head></head><body><p>Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve&#39;s Jackson Hole conference for clues about the central bank&#39;s policy outlook.</p><p>Fed Chair Jerome Powell is due to give a speech on Friday that investors will dissect for indications of how aggressively the Fed may move to raise interest rates as it battles decades-high inflation.</p><p>&#34;We&#39;re in a period of time between the end of the second-quarter earnings season and meaningful additional data from the Federal Reserve. Markets are churning a bit with a reasonably low level of volatility,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p><p>The yield on the closely watched 10-year Treasury note faded after recently hitting a two-month high. Declining interest rates tend to benefit technology stocks trading at high valuations.</p><p>&#34;Lower interest rates have certainly put some support underneath some of the more growth-oriented sectors,&#34; Northey said.</p><p>Nvidia jumped 4% after the graphics chipmaker gave a weaker-than-expected quarterly forecast that many investors viewed as signaling the worst of a sales downturn may be over. That drove a rally in the Philadelphia semiconductor index.</p><p>Apple and Microsoft rose more than 1%, while Amazon and Google-owner Alphabet added more than 2%, with all four companies making substantial contributions to the Nasdaq&#39;s increase.</p><p>All 11 S&amp;P 500 sector indexes rose, led by materials, up 2.26%, followed by a 2.06% gain in communication services.</p><p>Data earlier in the day showed the U.S. economy contracted less than initially thought in the second quarter, dispelling some fears that a recession was underway.</p><p>Traders see a slightly greater likelihood of a third 75-basis-point interest hike from the Fed at its policy meeting next month, compared with a 50-basis-point increase.</p><p>Fed officials on Thursday were noncommittal about the size of the interest rate increase they plan to approve at their Sept. 20-21 meeting, but they continued hammering the point that rates will rise and stay high until such high rates of inflation have been squeezed from the economy.</p><p>Electric-vehicle maker Tesla Inc slid 0.35% after a 3-for-1 stock split came into effect.</p><p>The S&amp;P 500 climbed 1.41% to end the session at 4,199.12 points.</p><p>The Nasdaq gained 1.67% to 12,639.27 points, while the Dow Jones Industrial Average rose 0.98% to 33,291.78 points.</p><p>Following Thursday&#39;s rally, the S&amp;P 500 remains down about 12% in 2022, while the Nasdaq is down about 19%.</p><p>$Citigroup Inc(C-N)$ climbed 2.1% after saying it plans to close its consumer and commercial banking businesses in Russia starting this quarter.</p><p>Salesforce Inc fell 3.4% after it cut its annual forecasts over &#34;measured&#34; spending from clients and a hit from a stronger dollar.</p><p>Additional chipmakers rallying on Thursday included Advanced Micro Devices, up 4.8%, and Broadcom, which gained 3.6%.</p><p>Advancing issues outnumbered falling ones within the S&amp;P 500 by a 13.4-to-one ratio.</p><p>The S&amp;P 500 posted 4 new highs and 29 new lows; the Nasdaq recorded 54 new highs and 70 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 10.8 billion shares over the previous 20 sessions.</p></body></html>","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 STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon</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 STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-ends-202026982.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve's Jackson Hole conference for clues about the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-202026982.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-202026982.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262967539","content_text":"Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve's Jackson Hole conference for clues about the central bank's policy outlook.Fed Chair Jerome Powell is due to give a speech on Friday that investors will dissect for indications of how aggressively the Fed may move to raise interest rates as it battles decades-high inflation.\"We're in a period of time between the end of the second-quarter earnings season and meaningful additional data from the Federal Reserve. Markets are churning a bit with a reasonably low level of volatility,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.The yield on the closely watched 10-year Treasury note faded after recently hitting a two-month high. Declining interest rates tend to benefit technology stocks trading at high valuations.\"Lower interest rates have certainly put some support underneath some of the more growth-oriented sectors,\" Northey said.Nvidia jumped 4% after the graphics chipmaker gave a weaker-than-expected quarterly forecast that many investors viewed as signaling the worst of a sales downturn may be over. That drove a rally in the Philadelphia semiconductor index.Apple and Microsoft rose more than 1%, while Amazon and Google-owner Alphabet added more than 2%, with all four companies making substantial contributions to the Nasdaq's increase.All 11 S&P 500 sector indexes rose, led by materials, up 2.26%, followed by a 2.06% gain in communication services.Data earlier in the day showed the U.S. economy contracted less than initially thought in the second quarter, dispelling some fears that a recession was underway.Traders see a slightly greater likelihood of a third 75-basis-point interest hike from the Fed at its policy meeting next month, compared with a 50-basis-point increase.Fed officials on Thursday were noncommittal about the size of the interest rate increase they plan to approve at their Sept. 20-21 meeting, but they continued hammering the point that rates will rise and stay high until such high rates of inflation have been squeezed from the economy.Electric-vehicle maker Tesla Inc slid 0.35% after a 3-for-1 stock split came into effect.The S&P 500 climbed 1.41% to end the session at 4,199.12 points.The Nasdaq gained 1.67% to 12,639.27 points, while the Dow Jones Industrial Average rose 0.98% to 33,291.78 points.Following Thursday's rally, the S&P 500 remains down about 12% in 2022, while the Nasdaq is down about 19%.$Citigroup Inc(C-N)$ climbed 2.1% after saying it plans to close its consumer and commercial banking businesses in Russia starting this quarter.Salesforce Inc fell 3.4% after it cut its annual forecasts over \"measured\" spending from clients and a hit from a stronger dollar.Additional chipmakers rallying on Thursday included Advanced Micro Devices, up 4.8%, and Broadcom, which gained 3.6%.Advancing issues outnumbered falling ones within the S&P 500 by a 13.4-to-one ratio.The S&P 500 posted 4 new highs and 29 new lows; the Nasdaq recorded 54 new highs and 70 new lows.Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 10.8 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042708141,"gmtCreate":1656520336683,"gmtModify":1676535845001,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/V\">$Visa(V)$</a>I","listText":"<a 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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1640689014,"share":"https://ttm.financial/m/news/2194610717?lang=&edition=full_marsco","pubTime":"2021-12-28 18:56","market":"us","language":"en","title":"U.S. regulators step up probe into Hyundai, Kia engine fires","url":"https://stock-news.laohu8.com/highlight/detail?id=2194610717","media":"Reuters","summary":"Dec 27 (Reuters) -The U.S. auto safety agency has stepped up its probe into engine fires that have p","content":"<p>Dec 27 (Reuters) -The U.S. auto safety agency has stepped up its probe into engine fires that have plagued some Hyundai Motor Co and Kia Motors Corp vehicles for over six years.</p>\n<p>The National Highway Traffic Safety Administration (NHTSA) said it had opened an \"engineering analysis\" covering about 3 million vehicles to evaluate, among other things, the efficacy of recalls initiated by the two automakers. The agency added that it was aware of 161 fires occurring potentially due to engine failures.</p>\n<p>An engineering analysis is the next step in a process that could lead to a recall, although sometimes NHTSA closes such probes without requiring any action.</p>\n<p>The agency had opened an investigation in 2019 covering the 2011-2014 Kia Optima and Sorento and the 2010-2015 Kia Soul, along with the 2011-2014 Hyundai Sonata and Santa Fe to investigate instances of non-crash fires.</p>\n<p>Hyundai said on Monday it continues to fully cooperate with NHTSA in regards to non-collision engine fires. Kia did not respond to a request for comment.</p>\n<p>The two South Korean companies had agreed to a record $210 million civil penalty last year after regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion.</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>U.S. regulators step up probe into Hyundai, Kia engine fires</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\">\nU.S. regulators step up probe into Hyundai, Kia engine fires\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-28 18:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 27 (Reuters) -The U.S. auto safety agency has stepped up its probe into engine fires that have plagued some Hyundai Motor Co and Kia Motors Corp vehicles for over six years.</p>\n<p>The National Highway Traffic Safety Administration (NHTSA) said it had opened an \"engineering analysis\" covering about 3 million vehicles to evaluate, among other things, the efficacy of recalls initiated by the two automakers. The agency added that it was aware of 161 fires occurring potentially due to engine failures.</p>\n<p>An engineering analysis is the next step in a process that could lead to a recall, although sometimes NHTSA closes such probes without requiring any action.</p>\n<p>The agency had opened an investigation in 2019 covering the 2011-2014 Kia Optima and Sorento and the 2010-2015 Kia Soul, along with the 2011-2014 Hyundai Sonata and Santa Fe to investigate instances of non-crash fires.</p>\n<p>Hyundai said on Monday it continues to fully cooperate with NHTSA in regards to non-collision engine fires. Kia did not respond to a request for comment.</p>\n<p>The two South Korean companies had agreed to a record $210 million civil penalty last year after regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2194610717","content_text":"Dec 27 (Reuters) -The U.S. auto safety agency has stepped up its probe into engine fires that have plagued some Hyundai Motor Co and Kia Motors Corp vehicles for over six years.\nThe National Highway Traffic Safety Administration (NHTSA) said it had opened an \"engineering analysis\" covering about 3 million vehicles to evaluate, among other things, the efficacy of recalls initiated by the two automakers. The agency added that it was aware of 161 fires occurring potentially due to engine failures.\nAn engineering analysis is the next step in a process that could lead to a recall, although sometimes NHTSA closes such probes without requiring any action.\nThe agency had opened an investigation in 2019 covering the 2011-2014 Kia Optima and Sorento and the 2010-2015 Kia Soul, along with the 2011-2014 Hyundai Sonata and Santa Fe to investigate instances of non-crash fires.\nHyundai said on Monday it continues to fully cooperate with NHTSA in regards to non-collision engine fires. Kia did not respond to a request for comment.\nThe two South Korean companies had agreed to a record $210 million civil penalty last year after regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932145324,"gmtCreate":1662905665668,"gmtModify":1676537160714,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932145324","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=&edition=full_marsco","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>","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>How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</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\">\nHow a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油","BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BRK.A":"伯克希尔","BK4201":"综合性石油与天然气企业","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019247934,"gmtCreate":1648604075280,"gmtModify":1676534363014,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Bull","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Bull","text":"$Apple(AAPL)$Bull","images":[{"img":"https://community-static.tradeup.com/news/7605a20478c31957db6ec12714fc776c","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9019247934","isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9081165380,"gmtCreate":1650211859063,"gmtModify":1676534669983,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VNQ\">$Vanguard Real Estate ETF(VNQ)$</a>[Smile]&nbsp;","listText":"<a href=\"https://ttm.financial/S/VNQ\">$Vanguard Real Estate ETF(VNQ)$</a>[Smile]&nbsp;","text":"$Vanguard Real Estate ETF(VNQ)$[Smile]","images":[{"img":"https://community-static.tradeup.com/news/f2e56ac84b30fbd5b5053308340fd562","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9081165380","isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9093396287,"gmtCreate":1643511518163,"gmtModify":1676533827295,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093396287","repostId":"1157223555","repostType":4,"repost":{"id":"1157223555","kind":"news","pubTimestamp":1643443466,"share":"https://ttm.financial/m/news/1157223555?lang=&edition=full_marsco","pubTime":"2022-01-29 16:04","market":"us","language":"en","title":"Goldman Sachs Predicts Fed Will Raise Rates Five Times This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1157223555","media":"Bloomberg","summary":"Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve wi","content":"<html><head></head><body><p>Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected.</p><p>Economists led by Jan Hatzius now predict the Fed will lift its near zero benchmark by 25 basis points five times this year rather than on four occasions. That would take the benchmark to 1.25%-1.5% by the end of the year.</p><p>Shifts are now seen by Goldman Sachs in March, May, July, September and December. They also expect officials to announce the start of a balance sheet reduction in June.</p><p>The switch came days after Fed Chair Jerome Powell said officials were ready to raise rates in March and left the door open to moving at every meeting if needed to curb the fastest inflation in 40 years. A government report on Friday showed the Employment Cost Index rose 4% in the year through December, the most in two decades.</p><p>Fed Kicks Off Most Aggressive Global Tightening in Decades</p><p>“The evidence that wage growth is running above levels consistent with the Fed’s inflation target has strengthened, and we have revised up our inflation path,” the Goldman Sachs economists said in a report to clients. “In addition, Chair Powell’s comments earlier this week made it clear that the Fed leadership is open to a more aggressive pace of tightening.”</p><p>The Fed could still switch gears if market conditions change or the economy decelerates much faster than projected, or tighten monetary policy even more than forecast if inflation remains high enough, they said.</p><p>Even as they agreed the Fed will do more than they previously bet, banks were divided this week over how aggressive policy makers would be.</p><p>Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase &amp; Co. and Deutsche Bank AG see five.</p><p>Nomura Holdings Inc. even reckons the central bank will deliver a 50 basis points increase in March, which would be the biggest move since 2000.</p><p>Bloomberg Economics is sticking with the projection of five hikes it made earlier this month, though Chief Economist Anna Wong said this week there is a risk of six increases.</p></body></html>","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>Goldman Sachs Predicts Fed Will Raise Rates Five Times This Year</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\">\nGoldman Sachs Predicts Fed Will Raise Rates Five Times This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-29 16:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/goldman-sachs-predicts-fed-raise-071350897.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected.Economists led by Jan ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goldman-sachs-predicts-fed-raise-071350897.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/goldman-sachs-predicts-fed-raise-071350897.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157223555","content_text":"Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected.Economists led by Jan Hatzius now predict the Fed will lift its near zero benchmark by 25 basis points five times this year rather than on four occasions. That would take the benchmark to 1.25%-1.5% by the end of the year.Shifts are now seen by Goldman Sachs in March, May, July, September and December. They also expect officials to announce the start of a balance sheet reduction in June.The switch came days after Fed Chair Jerome Powell said officials were ready to raise rates in March and left the door open to moving at every meeting if needed to curb the fastest inflation in 40 years. A government report on Friday showed the Employment Cost Index rose 4% in the year through December, the most in two decades.Fed Kicks Off Most Aggressive Global Tightening in Decades“The evidence that wage growth is running above levels consistent with the Fed’s inflation target has strengthened, and we have revised up our inflation path,” the Goldman Sachs economists said in a report to clients. “In addition, Chair Powell’s comments earlier this week made it clear that the Fed leadership is open to a more aggressive pace of tightening.”The Fed could still switch gears if market conditions change or the economy decelerates much faster than projected, or tighten monetary policy even more than forecast if inflation remains high enough, they said.Even as they agreed the Fed will do more than they previously bet, banks were divided this week over how aggressive policy makers would be.Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and Deutsche Bank AG see five.Nomura Holdings Inc. even reckons the central bank will deliver a 50 basis points increase in March, which would be the biggest move since 2000.Bloomberg Economics is sticking with the projection of five hikes it made earlier this month, though Chief Economist Anna Wong said this week there is a risk of six increases.","news_type":1},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005870006,"gmtCreate":1642258214652,"gmtModify":1676533696068,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9005870006","repostId":"2203201745","repostType":4,"repost":{"id":"2203201745","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1642201908,"share":"https://ttm.financial/m/news/2203201745?lang=&edition=full_marsco","pubTime":"2022-01-15 07:11","market":"us","language":"en","title":"US STOCKS-Dow Closes Lower after Disappointing Bank Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2203201745","media":"Reuters","summary":"The Dow closed lower with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.The Nasda","content":"<html><head></head><body><p>The Dow closed lower with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.</p><p>The Nasdaq and the S&amp;P regained lost ground in afternoon trading to close higher. Meanwhile the consumer discretionary</p><p>also put pressure on major indexes after morning data showed a December decline in retail sales and a souring of consumer sentiment.</p><p>JPMorgan Chase &amp; Co tumbled after reporting weaker performance at its trading arm. The bellwether lender also warned that soaring inflation, the looming threat of Omicron and trading revenues would challenge industry growth in coming months.</p><p>Along with JPMorgan, big decliners putting pressure on the Dow included Goldman Sachs, American Express and Home Depot.</p><p>$Citigroup Inc(C-N)$ shares fell after it reported a 26% drop in fourth-quarter profit, while asset manager BlackRock Inc</p><p>fell after missing quarterly revenue expectations.</p><p>The earnings kick-off had investors taking profits in the S&amp;P 500 bank subsector after it had hit an intraday high in the previous session. Financial stocks had been outperforming the S&amp;P recently as investors bet that the Federal Reserve&#39;s expected interest rate hikes will boost bank profits.</p><p>&#34;The bar was very high going into (JPMorgan) results. On the surface it was good but, under the hood, not so much,&#34; said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. In the interest rate hiking cycle expected this year &#34;positioning was very crowded on the long side&#34; going into the earnings season.</p><p>For consumer stock weakness, James pointed to &#34;clearly disappointing&#34; retail sales, which dropped 1.9% last month due to shortages of goods and an explosion of COVID-19 infections.</p><p>Separate data showed soaring inflation hit U.S. consumer sentiment in January, pushing it to its second lowest level in a decade.</p><p>Retail sales and bank loan growth raised doubts about the economic outlook for the current quarter and 2022 for Keith Buchanan, portfolio manager at Globalt in Atlanta.</p><p>&#34;The question is, does the economy have enough strength to get through the risk Omicron brings as fiscal and monetary stimulus is rolling off,&#34; Buchanan said.</p><p>According to preliminary data, the S&amp;P 500 gained 2.89 points, or 0.06%, to end at 4,661.92 points, while the Nasdaq Composite gained 81.98 points, or 0.55%, to 14,889.73. The Dow Jones Industrial Average fell 208.43 points, or 0.58%, to 35,905.19.</p><p>Analysts see S&amp;P 500 companies earnings rising 23.1% in the fourth quarter, according to IBES data from Refinitiv.</p><p>One bright spot in the bank sector on Friday however was Wells Fargo &amp; Co, which gained ground after posting a bigger-than-expected rise in fourth-quarter profit.</p><p>Casino operators Las Vegas Sands, Melco Resorts and Wynn Resorts rallied after Macau&#39;s government capped the number of new casino operators allowed to operate to six for a period of 10 years.</p><p>U.S. stock markets will remain shut on Monday for the public holiday in honor of Martin Luther King.</p></body></html>","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 STOCKS-Dow Closes Lower after Disappointing Bank Results</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 STOCKS-Dow Closes Lower after Disappointing Bank Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-15 07:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Dow closed lower with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.</p><p>The Nasdaq and the S&amp;P regained lost ground in afternoon trading to close higher. Meanwhile the consumer discretionary</p><p>also put pressure on major indexes after morning data showed a December decline in retail sales and a souring of consumer sentiment.</p><p>JPMorgan Chase &amp; Co tumbled after reporting weaker performance at its trading arm. The bellwether lender also warned that soaring inflation, the looming threat of Omicron and trading revenues would challenge industry growth in coming months.</p><p>Along with JPMorgan, big decliners putting pressure on the Dow included Goldman Sachs, American Express and Home Depot.</p><p>$Citigroup Inc(C-N)$ shares fell after it reported a 26% drop in fourth-quarter profit, while asset manager BlackRock Inc</p><p>fell after missing quarterly revenue expectations.</p><p>The earnings kick-off had investors taking profits in the S&amp;P 500 bank subsector after it had hit an intraday high in the previous session. Financial stocks had been outperforming the S&amp;P recently as investors bet that the Federal Reserve&#39;s expected interest rate hikes will boost bank profits.</p><p>&#34;The bar was very high going into (JPMorgan) results. On the surface it was good but, under the hood, not so much,&#34; said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. In the interest rate hiking cycle expected this year &#34;positioning was very crowded on the long side&#34; going into the earnings season.</p><p>For consumer stock weakness, James pointed to &#34;clearly disappointing&#34; retail sales, which dropped 1.9% last month due to shortages of goods and an explosion of COVID-19 infections.</p><p>Separate data showed soaring inflation hit U.S. consumer sentiment in January, pushing it to its second lowest level in a decade.</p><p>Retail sales and bank loan growth raised doubts about the economic outlook for the current quarter and 2022 for Keith Buchanan, portfolio manager at Globalt in Atlanta.</p><p>&#34;The question is, does the economy have enough strength to get through the risk Omicron brings as fiscal and monetary stimulus is rolling off,&#34; Buchanan said.</p><p>According to preliminary data, the S&amp;P 500 gained 2.89 points, or 0.06%, to end at 4,661.92 points, while the Nasdaq Composite gained 81.98 points, or 0.55%, to 14,889.73. The Dow Jones Industrial Average fell 208.43 points, or 0.58%, to 35,905.19.</p><p>Analysts see S&amp;P 500 companies earnings rising 23.1% in the fourth quarter, according to IBES data from Refinitiv.</p><p>One bright spot in the bank sector on Friday however was Wells Fargo &amp; Co, which gained ground after posting a bigger-than-expected rise in fourth-quarter profit.</p><p>Casino operators Las Vegas Sands, Melco Resorts and Wynn Resorts rallied after Macau&#39;s government capped the number of new casino operators allowed to operate to six for a period of 10 years.</p><p>U.S. stock markets will remain shut on Monday for the public holiday in honor of Martin Luther King.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","BK4567":"ESG概念",".DJI":"道琼斯","BK4559":"巴菲特持仓","AXP":"美国运通","BK4504":"桥水持仓","HD":"家得宝","BK4083":"家庭装潢零售","SPY":"标普500ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团",".IXIC":"NASDAQ Composite","GS":"高盛",".SPX":"S&P 500 Index","BK4166":"消费信贷"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2203201745","content_text":"The Dow closed lower with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.The Nasdaq and the S&P regained lost ground in afternoon trading to close higher. Meanwhile the consumer discretionaryalso put pressure on major indexes after morning data showed a December decline in retail sales and a souring of consumer sentiment.JPMorgan Chase & Co tumbled after reporting weaker performance at its trading arm. The bellwether lender also warned that soaring inflation, the looming threat of Omicron and trading revenues would challenge industry growth in coming months.Along with JPMorgan, big decliners putting pressure on the Dow included Goldman Sachs, American Express and Home Depot.$Citigroup Inc(C-N)$ shares fell after it reported a 26% drop in fourth-quarter profit, while asset manager BlackRock Incfell after missing quarterly revenue expectations.The earnings kick-off had investors taking profits in the S&P 500 bank subsector after it had hit an intraday high in the previous session. Financial stocks had been outperforming the S&P recently as investors bet that the Federal Reserve's expected interest rate hikes will boost bank profits.\"The bar was very high going into (JPMorgan) results. On the surface it was good but, under the hood, not so much,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. In the interest rate hiking cycle expected this year \"positioning was very crowded on the long side\" going into the earnings season.For consumer stock weakness, James pointed to \"clearly disappointing\" retail sales, which dropped 1.9% last month due to shortages of goods and an explosion of COVID-19 infections.Separate data showed soaring inflation hit U.S. consumer sentiment in January, pushing it to its second lowest level in a decade.Retail sales and bank loan growth raised doubts about the economic outlook for the current quarter and 2022 for Keith Buchanan, portfolio manager at Globalt in Atlanta.\"The question is, does the economy have enough strength to get through the risk Omicron brings as fiscal and monetary stimulus is rolling off,\" Buchanan said.According to preliminary data, the S&P 500 gained 2.89 points, or 0.06%, to end at 4,661.92 points, while the Nasdaq Composite gained 81.98 points, or 0.55%, to 14,889.73. The Dow Jones Industrial Average fell 208.43 points, or 0.58%, to 35,905.19.Analysts see S&P 500 companies earnings rising 23.1% in the fourth quarter, according to IBES data from Refinitiv.One bright spot in the bank sector on Friday however was Wells Fargo & Co, which gained ground after posting a bigger-than-expected rise in fourth-quarter profit.Casino operators Las Vegas Sands, Melco Resorts and Wynn Resorts rallied after Macau's government capped the number of new casino operators allowed to operate to six for a period of 10 years.U.S. stock markets will remain shut on Monday for the public holiday in honor of Martin Luther King.","news_type":1},"isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063381431,"gmtCreate":1651407716952,"gmtModify":1676534902247,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9063381431","repostId":"1102313596","repostType":4,"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001495108,"gmtCreate":1641296033739,"gmtModify":1676533593984,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001495108","repostId":"1128211360","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938683720,"gmtCreate":1662600675060,"gmtModify":1676537097709,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938683720","repostId":"1119363305","repostType":4,"repost":{"id":"1119363305","kind":"news","pubTimestamp":1662613739,"share":"https://ttm.financial/m/news/1119363305?lang=&edition=full_marsco","pubTime":"2022-09-08 13:08","market":"us","language":"en","title":"Tim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once","url":"https://stock-news.laohu8.com/highlight/detail?id=1119363305","media":"MarketWatch","summary":"Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif.","content":"<html><head></head><body><p>Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphones</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/689ed65479a46375dcaf6fa32912c643\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Apple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif. GETTY IMAGES</span></p><p>Chief Executive Tim Cook didn’t show off “one more thing” on Wednesday, but he did have one new Apple Inc. offering to share: reasonable pricing.</p><p>Apple has long shown a willingness to charge premium prices for its iPhones, including breaking the $1,000 barrier a few years back with the iPhone X, and was expected to increase prices on the smartphones again with the iPhone 14 unveiling on Wednesday. Cook kept the price the same as the last two iPhone models, however, and even added in some other deals: Free satellite emergency service for two years, and an update to Apple Care+ to remove a limit on the number of repairs each year.</p><p>“It was a shock, I thought a $100 price increase was a foregone conclusion,” said Dan Ives, an analyst at Wedbush Securities. “Apple read the room and Cook didn’t want to raise prices.”</p><p>At the very least, analysts expected Apple to increase prices on its top-end smartphones, the iPhone Pro and Pro Max. Maribel Lopez, principal analyst at Lopez Research, said she had been hearing talk of price hikes of up to several hundred dollars that would “fork the line,” or allow greater separation between lower-priced and premium offerings.</p><p>“This was their opportunity, they were going to fork the line, and have very affordable and very flagship, and that was surprising that didn’t happen,” Lopez said. “I think that is the right move. It’s becoming difficult to get people to upgrade, they hold onto them longer, they are not inexpensive.”</p><p>The concern for investors from this move would be Apple’s profit margin. Record inflation has not just hit consumers — electronics manufacturers are seeing higher prices and uncertain supply of many components. The 15-year-old iPhone family is still Apple’s biggest revenue and profit generator, even as it is a mature product, so a margin decline would be felt acutely on the overall bottom line.</p><p>Lopez and Ives said the move should not be too much of a drag on Apple’s margins, however, thanks to strength with suppliers and a move toward using Apple’s own semiconductors.</p><p>“They have more control over their supply chain,” Ives said, adding that “the Apple silicon gives them flexibility.”</p><p>“Everything being an A or an M chip, that allows them a certain flexibility,” Lopez said. “It’s a classic vertical integration strategy.”</p><p>Apple unveiled some new offerings that were not price-related, mostly features targeted at increasingly specific audiences, such as the Apple Ultra Watch for serious fitness enthusiasts. But Cook again didn’t take the opportunity to use co-founder Steve Jobs’ product-launch catchphrase, “one more thing,” at the end of an unveiling to show off the next big product — even though Apple may have a big launch on the way.</p><p>Apple reportedly is working on three sets of augmented/virtual-reality glasses, with one expected to launch next year and compete with Meta Platforms Inc.’s Oculus offerings. It would be only the second major product category to launch under Cook’s leadership, beside the Apple Watch.</p><p>But Apple never shows off the next big thing without a fully formed product ready to roll. So instead, Cook is just trying to keep consumers happy with new iPhones — at flat prices with better cameras, longer battery life and new features — until its next foray is actually ready.</p><p>That doesn’t do much for investors, though. They are still wondering when they will get a glimpse at the next device they are betting on, and will have to worry about the possibility of declining margins while they wait.</p><p><b>Also Read: Apple Launching iPhone 14 and Other Products, a &#39;Major Feat&#39; Says Analyst</b>  Sources: StreetInsider</p><p>Apple (NASDAQ:AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.</p><p>While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.</p><p>The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max.Apple said the 14 and 14 Plus models include the A15 Bionic chip with a 5-core GPU, while the 14 Pro and Pro Max are powered by A16 Bionic, the fastest chip ever in a smartphone.</p><p>Furthermore, Apple announced new satellite-enabled services for some of its products, with Globalstar, a satellite communications firm, managing the satellite-powered emergency SOS service.</p><p>Apple will pay 95% of the approved capital spending Globalstar makes in connection with the new satellites, according to a filing.It also states that they are expected to make the services available to customers during the fourth quarter of 2022.</p><p>Globalstar shares surged following the news earlier today but closed the session down 1.4%.</p><p>Reacting to the Apple announcements and event, Wedbush analyst Daniel Ives, who has an Outperform rating and a $220 price target on the stock, said, &#34;the Apple Watch and AirPods have transformed from a rounding error to a significant tangential product segment at Apple.&#34;</p><p>He added that it speaks to the monetization of a golden 1.8 billion iOS installed base that remains &#34;unmatched globally.&#34;</p><p>&#34;Taking a step back, launching 3 new core hardware products within the Apple ecosystem despite the biggest supply chain crisis seen in modern history is a major feat for Cook &amp; Co., especially with the zero Covid shutdowns in China seen in April/May,&#34; he added.</p><p>Commenting specifically on the iPhone 14 launch, Ives stated they believe the &#34;initial order for 90 million iPhone 14 units out of the gates with Asian suppliers has stayed firm&#34; based on recent checks and will be roughly flat with iPhone 13 despite the macro storm clouds building.&#34;</p><p>Apple shares gained just under 1% in Wednesday&#39;s session.</p></body></html>","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>Tim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once</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\">\nTim Cook Didn’t Have \"One More Thing,\" so Apple Offered Consumers a Break, for Once\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 13:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif....</p>\n\n<a href=\"https://www.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews\">Web 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.marketwatch.com/story/tim-cook-didnt-have-one-more-thing-so-apple-offered-consumers-a-break-for-once-11662592956?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119363305","content_text":"Apple’s iPhone 14 event was notable more for what the company didn’t do: Raise prices on its top-end smartphonesApple CEO Tim Cook holds a new iPhone 14 Pro during Wednesday’s eventn Cupertino, Calif. GETTY IMAGESChief Executive Tim Cook didn’t show off “one more thing” on Wednesday, but he did have one new Apple Inc. offering to share: reasonable pricing.Apple has long shown a willingness to charge premium prices for its iPhones, including breaking the $1,000 barrier a few years back with the iPhone X, and was expected to increase prices on the smartphones again with the iPhone 14 unveiling on Wednesday. Cook kept the price the same as the last two iPhone models, however, and even added in some other deals: Free satellite emergency service for two years, and an update to Apple Care+ to remove a limit on the number of repairs each year.“It was a shock, I thought a $100 price increase was a foregone conclusion,” said Dan Ives, an analyst at Wedbush Securities. “Apple read the room and Cook didn’t want to raise prices.”At the very least, analysts expected Apple to increase prices on its top-end smartphones, the iPhone Pro and Pro Max. Maribel Lopez, principal analyst at Lopez Research, said she had been hearing talk of price hikes of up to several hundred dollars that would “fork the line,” or allow greater separation between lower-priced and premium offerings.“This was their opportunity, they were going to fork the line, and have very affordable and very flagship, and that was surprising that didn’t happen,” Lopez said. “I think that is the right move. It’s becoming difficult to get people to upgrade, they hold onto them longer, they are not inexpensive.”The concern for investors from this move would be Apple’s profit margin. Record inflation has not just hit consumers — electronics manufacturers are seeing higher prices and uncertain supply of many components. The 15-year-old iPhone family is still Apple’s biggest revenue and profit generator, even as it is a mature product, so a margin decline would be felt acutely on the overall bottom line.Lopez and Ives said the move should not be too much of a drag on Apple’s margins, however, thanks to strength with suppliers and a move toward using Apple’s own semiconductors.“They have more control over their supply chain,” Ives said, adding that “the Apple silicon gives them flexibility.”“Everything being an A or an M chip, that allows them a certain flexibility,” Lopez said. “It’s a classic vertical integration strategy.”Apple unveiled some new offerings that were not price-related, mostly features targeted at increasingly specific audiences, such as the Apple Ultra Watch for serious fitness enthusiasts. But Cook again didn’t take the opportunity to use co-founder Steve Jobs’ product-launch catchphrase, “one more thing,” at the end of an unveiling to show off the next big product — even though Apple may have a big launch on the way.Apple reportedly is working on three sets of augmented/virtual-reality glasses, with one expected to launch next year and compete with Meta Platforms Inc.’s Oculus offerings. It would be only the second major product category to launch under Cook’s leadership, beside the Apple Watch.But Apple never shows off the next big thing without a fully formed product ready to roll. So instead, Cook is just trying to keep consumers happy with new iPhones — at flat prices with better cameras, longer battery life and new features — until its next foray is actually ready.That doesn’t do much for investors, though. They are still wondering when they will get a glimpse at the next device they are betting on, and will have to worry about the possibility of declining margins while they wait.Also Read: Apple Launching iPhone 14 and Other Products, a 'Major Feat' Says Analyst  Sources: StreetInsiderApple (NASDAQ:AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max.Apple said the 14 and 14 Plus models include the A15 Bionic chip with a 5-core GPU, while the 14 Pro and Pro Max are powered by A16 Bionic, the fastest chip ever in a smartphone.Furthermore, Apple announced new satellite-enabled services for some of its products, with Globalstar, a satellite communications firm, managing the satellite-powered emergency SOS service.Apple will pay 95% of the approved capital spending Globalstar makes in connection with the new satellites, according to a filing.It also states that they are expected to make the services available to customers during the fourth quarter of 2022.Globalstar shares surged following the news earlier today but closed the session down 1.4%.Reacting to the Apple announcements and event, Wedbush analyst Daniel Ives, who has an Outperform rating and a $220 price target on the stock, said, \"the Apple Watch and AirPods have transformed from a rounding error to a significant tangential product segment at Apple.\"He added that it speaks to the monetization of a golden 1.8 billion iOS installed base that remains \"unmatched globally.\"\"Taking a step back, launching 3 new core hardware products within the Apple ecosystem despite the biggest supply chain crisis seen in modern history is a major feat for Cook & Co., especially with the zero Covid shutdowns in China seen in April/May,\" he added.Commenting specifically on the iPhone 14 launch, Ives stated they believe the \"initial order for 90 million iPhone 14 units out of the gates with Asian suppliers has stayed firm\" based on recent checks and will be roughly flat with iPhone 13 despite the macro storm clouds building.\"Apple shares gained just under 1% in Wednesday's session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939688984,"gmtCreate":1662095873348,"gmtModify":1676536997109,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939688984","repostId":"2264210771","repostType":4,"repost":{"id":"2264210771","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662076475,"share":"https://ttm.financial/m/news/2264210771?lang=&edition=full_marsco","pubTime":"2022-09-02 07:54","market":"us","language":"en","title":"What Does Friday's Jobs Report Mean for the Market? \"Too Hot\" and Stocks Could Tumble, Says Market Pro","url":"https://stock-news.laohu8.com/highlight/detail?id=2264210771","media":"Dow Jones","summary":"August jobs report may once again carry risks for stocks, but in a 'less intense' way than last Frid","content":"<html><head></head><body><p>August jobs report may once again carry risks for stocks, but in a &#39;less intense&#39; way than last Friday&#39;s Powell speech, says Tom Essaye</p><p>With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday&#39;s monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter.</p><p>The Labor Department&#39;s monthly jobs report on Friday, which tracks employment across the public and private sectors, is expected to show the U.S. economy added 318,000 jobs in August, far fewer than the 528,000 jobs that were created in July, according to a survey of economists by The Wall Street Journal. The unemployment rate is seen steady at 3.5%, while the average hourly earnings are estimated to rise 0.4%, following a 0.5% rise in the previous month.</p><p>&#34;The labor market needs to show signs that it&#39;s on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs--and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that&#39;s not good for stocks,&#34; wrote Essaye in a note on Thursday.</p><h2>&#39;Too Hot&#39;</h2><p>According to Essaye, if the employment results come in &#34;too hot&#34; with nonfarm payrolls rising more than 350,000 for the month and the unemployment rate falling below 3.5%, stocks would drop sharply in what might be a &#34;less-intense repeat&#34; of last Friday, as markets price in higher interest rates for longer.</p><p>U.S. stocks tumbled last Friday, with the Dow Jones Industrial Average  closing down more than 1,000 points for its worst daily percentage drop in three months, after Chair Powell said in his Jackson Hole address that the central bank will continue its battle to get the annual inflation rate back to its 2% target &#34;until the job is done&#34;.</p><p>&#34;Numbers this strong would underscore that the labor market remains out of balance, and that would keep the Fed focused on slowing demand via higher rates,&#34; said Essaye. &#34;Practically, this would increase the chances the &#39;terminal&#39; fed funds rate moves above 4% and hopes for a rate cut in 2023 would likely be dashed.&#34;</p><p>He expects the yield-curve spread between the 10-year and 2-year Treasurys to rise as the 2-year yield shoots higher on the prospect of higher rates, while the 10-year yield would also likely rise, but less so.</p><p>The 2-year Treasury yield hit a fresh 15-year high  at 3.528% on Thursday, while the 10-year Treasury yield  climbed to 3.266%, its highest level since late June.</p><h2>&#39;Just Right&#39;</h2><p>However, if job growth falls in a range of zero to 300,000 while the unemployment rate rises above 3.7%, the stock market may expect a modest rally given the drop in stocks over the past five days, according to Essaye.</p><p>U.S. stocks were mixed in late trade on Thursday.  The Dow Jones Industrial Average  was up 40 points, or 0.1%. The S&amp;P 500  lost 0.1%, while the Nasdaq Composite  was off 0.8%. All three major indexes have fallen for four straight sessions.</p><p>&#34;We wouldn&#39;t expect an explosion higher in stocks because a &#39;Just Right&#39; jobs report still wouldn&#39;t bring back the idea of an imminent Fed pivot,&#34; said Essaye. &#34;(It) would not make the Fed get more hawkish and keep alive the hope that the Fed could cut rates in 2023.&#34;</p><h2>&#39;Too Cold&#39;</h2><p>In the worst case scenario with a negative jobs print for August and a spike in the unemployment rate, stocks may jump on a &#34;bad is good&#34; mindset though the Fed won&#39;t pivot away from its monetary tightening as &#34;a soft number won&#39;t change the Fed&#39;s calculus for the next several meetings -- &#39;we&#39;re still getting 50-75 bps in September&#39;, so we would not be inclined to chase that rally,&#34; according to Essaye.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Does Friday's Jobs Report Mean for the Market? \"Too Hot\" and Stocks Could Tumble, Says Market Pro</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\">\nWhat Does Friday's Jobs Report Mean for the Market? \"Too Hot\" and Stocks Could Tumble, Says Market Pro\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-02 07:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>August jobs report may once again carry risks for stocks, but in a &#39;less intense&#39; way than last Friday&#39;s Powell speech, says Tom Essaye</p><p>With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday&#39;s monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter.</p><p>The Labor Department&#39;s monthly jobs report on Friday, which tracks employment across the public and private sectors, is expected to show the U.S. economy added 318,000 jobs in August, far fewer than the 528,000 jobs that were created in July, according to a survey of economists by The Wall Street Journal. The unemployment rate is seen steady at 3.5%, while the average hourly earnings are estimated to rise 0.4%, following a 0.5% rise in the previous month.</p><p>&#34;The labor market needs to show signs that it&#39;s on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs--and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that&#39;s not good for stocks,&#34; wrote Essaye in a note on Thursday.</p><h2>&#39;Too Hot&#39;</h2><p>According to Essaye, if the employment results come in &#34;too hot&#34; with nonfarm payrolls rising more than 350,000 for the month and the unemployment rate falling below 3.5%, stocks would drop sharply in what might be a &#34;less-intense repeat&#34; of last Friday, as markets price in higher interest rates for longer.</p><p>U.S. stocks tumbled last Friday, with the Dow Jones Industrial Average  closing down more than 1,000 points for its worst daily percentage drop in three months, after Chair Powell said in his Jackson Hole address that the central bank will continue its battle to get the annual inflation rate back to its 2% target &#34;until the job is done&#34;.</p><p>&#34;Numbers this strong would underscore that the labor market remains out of balance, and that would keep the Fed focused on slowing demand via higher rates,&#34; said Essaye. &#34;Practically, this would increase the chances the &#39;terminal&#39; fed funds rate moves above 4% and hopes for a rate cut in 2023 would likely be dashed.&#34;</p><p>He expects the yield-curve spread between the 10-year and 2-year Treasurys to rise as the 2-year yield shoots higher on the prospect of higher rates, while the 10-year yield would also likely rise, but less so.</p><p>The 2-year Treasury yield hit a fresh 15-year high  at 3.528% on Thursday, while the 10-year Treasury yield  climbed to 3.266%, its highest level since late June.</p><h2>&#39;Just Right&#39;</h2><p>However, if job growth falls in a range of zero to 300,000 while the unemployment rate rises above 3.7%, the stock market may expect a modest rally given the drop in stocks over the past five days, according to Essaye.</p><p>U.S. stocks were mixed in late trade on Thursday.  The Dow Jones Industrial Average  was up 40 points, or 0.1%. The S&amp;P 500  lost 0.1%, while the Nasdaq Composite  was off 0.8%. All three major indexes have fallen for four straight sessions.</p><p>&#34;We wouldn&#39;t expect an explosion higher in stocks because a &#39;Just Right&#39; jobs report still wouldn&#39;t bring back the idea of an imminent Fed pivot,&#34; said Essaye. &#34;(It) would not make the Fed get more hawkish and keep alive the hope that the Fed could cut rates in 2023.&#34;</p><h2>&#39;Too Cold&#39;</h2><p>In the worst case scenario with a negative jobs print for August and a spike in the unemployment rate, stocks may jump on a &#34;bad is good&#34; mindset though the Fed won&#39;t pivot away from its monetary tightening as &#34;a soft number won&#39;t change the Fed&#39;s calculus for the next several meetings -- &#39;we&#39;re still getting 50-75 bps in September&#39;, so we would not be inclined to chase that rally,&#34; according to Essaye.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264210771","content_text":"August jobs report may once again carry risks for stocks, but in a 'less intense' way than last Friday's Powell speech, says Tom EssayeWith Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday's monthly U.S. jobs report may once again carry risks for the stock market, said Tom Essaye, a former Merrill Lynch trader and the founder of the Sevens Report newsletter.The Labor Department's monthly jobs report on Friday, which tracks employment across the public and private sectors, is expected to show the U.S. economy added 318,000 jobs in August, far fewer than the 528,000 jobs that were created in July, according to a survey of economists by The Wall Street Journal. The unemployment rate is seen steady at 3.5%, while the average hourly earnings are estimated to rise 0.4%, following a 0.5% rise in the previous month.\"The labor market needs to show signs that it's on the path to returning to a state of relative balance, where job openings are roughly the same as the number of people looking for jobs--and if it does not show that, then concerns about a more hawkish-for-longer Fed will rise, and that's not good for stocks,\" wrote Essaye in a note on Thursday.'Too Hot'According to Essaye, if the employment results come in \"too hot\" with nonfarm payrolls rising more than 350,000 for the month and the unemployment rate falling below 3.5%, stocks would drop sharply in what might be a \"less-intense repeat\" of last Friday, as markets price in higher interest rates for longer.U.S. stocks tumbled last Friday, with the Dow Jones Industrial Average  closing down more than 1,000 points for its worst daily percentage drop in three months, after Chair Powell said in his Jackson Hole address that the central bank will continue its battle to get the annual inflation rate back to its 2% target \"until the job is done\".\"Numbers this strong would underscore that the labor market remains out of balance, and that would keep the Fed focused on slowing demand via higher rates,\" said Essaye. \"Practically, this would increase the chances the 'terminal' fed funds rate moves above 4% and hopes for a rate cut in 2023 would likely be dashed.\"He expects the yield-curve spread between the 10-year and 2-year Treasurys to rise as the 2-year yield shoots higher on the prospect of higher rates, while the 10-year yield would also likely rise, but less so.The 2-year Treasury yield hit a fresh 15-year high  at 3.528% on Thursday, while the 10-year Treasury yield  climbed to 3.266%, its highest level since late June.'Just Right'However, if job growth falls in a range of zero to 300,000 while the unemployment rate rises above 3.7%, the stock market may expect a modest rally given the drop in stocks over the past five days, according to Essaye.U.S. stocks were mixed in late trade on Thursday.  The Dow Jones Industrial Average  was up 40 points, or 0.1%. The S&P 500  lost 0.1%, while the Nasdaq Composite  was off 0.8%. All three major indexes have fallen for four straight sessions.\"We wouldn't expect an explosion higher in stocks because a 'Just Right' jobs report still wouldn't bring back the idea of an imminent Fed pivot,\" said Essaye. \"(It) would not make the Fed get more hawkish and keep alive the hope that the Fed could cut rates in 2023.\"'Too Cold'In the worst case scenario with a negative jobs print for August and a spike in the unemployment rate, stocks may jump on a \"bad is good\" mindset though the Fed won't pivot away from its monetary tightening as \"a soft number won't change the Fed's calculus for the next several meetings -- 'we're still getting 50-75 bps in September', so we would not be inclined to chase that rally,\" according to Essaye.","news_type":1},"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997409041,"gmtCreate":1661827705285,"gmtModify":1676536587178,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997409041","repostId":"2263109101","repostType":2,"repost":{"id":"2263109101","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1661814937,"share":"https://ttm.financial/m/news/2263109101?lang=&edition=full_marsco","pubTime":"2022-08-30 07:15","market":"us","language":"en","title":"Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2263109101","media":"Dow Jones","summary":"As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand ","content":"<html><head></head><body><p>As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&amp;P 500.</p><p>Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn&#39;t presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&amp;P 500  might be enough to change his mind.</p><p>&#34;At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,&#34; Krinsky said.</p><p><img src=\"https://static.tigerbbs.com/dce469daebbdb715f6ef8c9f67b0682c\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"/></p><p>Krinsky is hardly alone in expecting more pain for stocks in the near term.</p><p>Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday&#39;s drawdown marked the seventh time this year that the S&amp;P 500 has fallen by 3% or more in a single session.</p><p>Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&amp;P 500 has been minus 0.4%.</p><p>&#34;The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday&#39;s rout. In fact, one could justify being quite cautious here,&#34; Colas said.</p><p>Krinsky also highlighted some discouraging trends in Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, one of the market&#39;s most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.</p><p>According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock&#39;s 50-day moving average by one of the largest margins seen over the past 7 years.</p><p>Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.</p><p><img src=\"https://static.tigerbbs.com/3fc468dc195080754276338746d44c6b\" tg-width=\"700\" tg-height=\"434\" width=\"100%\" height=\"auto\"/></p><p>Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical &#34;correction protection model&#34; has shifted to &#34;risk off&#34; territory, after spending a month in &#34;risk on.&#34;</p><p>As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.</p><p><img src=\"https://static.tigerbbs.com/a0f936b030d3c4a047fd0d3c9afe0015\" tg-width=\"700\" tg-height=\"606\" width=\"100%\" height=\"auto\"/></p><p>Since 2011, Asbury&#39;s defensive model has on average underperformed the S&amp;P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.</p><p>One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&amp;P 500 options, climbed above 26 on Monday.</p><p>&#34;Investors likely won&#39;t see an all-clear until the gauge tops 30,&#34; Colas said.</p><p>The main indexes were all in the red around midday on Monday, with the S&amp;P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .</p></body></html>","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>Stocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say</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\">\nStocks Headed for More Pain as 3,900 Becomes New Line in the Sand for the S&P 500, Chart Watchers Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-30 07:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&amp;P 500.</p><p>Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn&#39;t presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&amp;P 500  might be enough to change his mind.</p><p>&#34;At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,&#34; Krinsky said.</p><p><img src=\"https://static.tigerbbs.com/dce469daebbdb715f6ef8c9f67b0682c\" tg-width=\"700\" tg-height=\"459\" width=\"100%\" height=\"auto\"/></p><p>Krinsky is hardly alone in expecting more pain for stocks in the near term.</p><p>Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday&#39;s drawdown marked the seventh time this year that the S&amp;P 500 has fallen by 3% or more in a single session.</p><p>Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&amp;P 500 has been minus 0.4%.</p><p>&#34;The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday&#39;s rout. In fact, one could justify being quite cautious here,&#34; Colas said.</p><p>Krinsky also highlighted some discouraging trends in Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, one of the market&#39;s most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.</p><p>According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock&#39;s 50-day moving average by one of the largest margins seen over the past 7 years.</p><p>Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.</p><p><img src=\"https://static.tigerbbs.com/3fc468dc195080754276338746d44c6b\" tg-width=\"700\" tg-height=\"434\" width=\"100%\" height=\"auto\"/></p><p>Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical &#34;correction protection model&#34; has shifted to &#34;risk off&#34; territory, after spending a month in &#34;risk on.&#34;</p><p>As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.</p><p><img src=\"https://static.tigerbbs.com/a0f936b030d3c4a047fd0d3c9afe0015\" tg-width=\"700\" tg-height=\"606\" width=\"100%\" height=\"auto\"/></p><p>Since 2011, Asbury&#39;s defensive model has on average underperformed the S&amp;P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.</p><p>One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&amp;P 500 options, climbed above 26 on Monday.</p><p>&#34;Investors likely won&#39;t see an all-clear until the gauge tops 30,&#34; Colas said.</p><p>The main indexes were all in the red around midday on Monday, with the S&amp;P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","AMZN":"亚马逊","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF",".SPX":"S&P 500 Index","AAPL":"苹果","OEX":"标普100","SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2263109101","content_text":"As U.S. stocks continued to slide on Monday, a handful of technical analysts warned their clients to brace for more pain ahead during the coming weeks as 3,900 emerges as the new the line in the sand for the S&P 500.Based on volume-weighted technical indicators, Jonathan Krinsky, chief market technician at BTIG, expects 3,900 will likely serve as the next key support level for stocks. While Krinsky doesn't presently expect stocks to return to their mid-June lows, a sustained break below 3,900 by the S&P 500  might be enough to change his mind.\"At this point we do not expect the June lows to be broken, but a meaningful break under 3,900 would have us re-evaluate that thesis,\" Krinsky said.Krinsky is hardly alone in expecting more pain for stocks in the near term.Since the start of the year, U.S. stocks have had a tendency to chase momentum, exacerbating moves both to the downside and the upside. Based on this, Nicholas Colas, co-founder of DataTrek Research, pointed out on Monday that Friday's drawdown marked the seventh time this year that the S&P 500 has fallen by 3% or more in a single session.Colas crunched the numbers and found that, since the start of 2022, the average one-week forward return for the S&P 500 has been minus 0.4%.\"The history of down +3 percent days in 2022 says not to expect much of a near-term bounce back from Friday's rout. In fact, one could justify being quite cautious here,\" Colas said.Krinsky also highlighted some discouraging trends in Apple Inc. $(AAPL)$, one of the market's most consequential stocks thanks to its massive market capitalization, which is north of $2.5 trillion.According to Krinsky, Apple shares, which were down more than 2% on Monday, look vulnerable for the following reasons: until last week, Apple shares had exceeded the stock's 50-day moving average by one of the largest margins seen over the past 7 years.Earlier this month, analysts like Colas and others have pointed to this outperformance as a sign of froth in markets. Turns out, they were correct. Now, Krinsky fears Apple could help lead markets lower.Finally, John Kosar, chief market strategist at Asbury Research, announced to clients on Monday that its tactical \"correction protection model\" has shifted to \"risk off\" territory, after spending a month in \"risk on.\"As a result, Asbury Research is advising clients primarily interested in wealth preservation to reduce their exposure to equities.Since 2011, Asbury's defensive model has on average underperformed the S&P 500 by 3.4% per year, while successfully reducing the maximum drawdowns by 50%.One final reason for investors to remain cautious: Colas pointed out that near-term lows this year have tended to coincide with readings north of 30 on the Cboe Volatility Index, also known as the VIX . The gauge, which is based on movements in near-term S&P 500 options, climbed above 26 on Monday.\"Investors likely won't see an all-clear until the gauge tops 30,\" Colas said.The main indexes were all in the red around midday on Monday, with the S&P 500 down 0.67%, the Dow Jones Industrial Average down 0.57%, and the Nasdaq Composite down 1.02% .","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060998053,"gmtCreate":1651082756682,"gmtModify":1676534846033,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GTLB\">$GitLab, Inc.(GTLB)$</a>[Tongue]&nbsp;","listText":"<a href=\"https://ttm.financial/S/GTLB\">$GitLab, Inc.(GTLB)$</a>[Tongue]&nbsp;","text":"$GitLab, Inc.(GTLB)$[Tongue]","images":[{"img":"https://community-static.tradeup.com/news/ab577139b09717e72a9f18110d7486f6","width":"1125","height":"3479"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9060998053","isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9088707357,"gmtCreate":1650380941757,"gmtModify":1676534709815,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HUT\">$Hut 8 Mining Corp(HUT)$</a>[Smile]&nbsp;[Smile]&nbsp;","listText":"<a href=\"https://ttm.financial/S/HUT\">$Hut 8 Mining Corp(HUT)$</a>[Smile]&nbsp;[Smile]&nbsp;","text":"$Hut 8 Mining Corp(HUT)$[Smile] [Smile]","images":[{"img":"https://community-static.tradeup.com/news/d2ae4cccbfb443301e9638177e805a43","width":"1125","height":"3479"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9088707357","isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9057272293,"gmtCreate":1655521728712,"gmtModify":1676535656764,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/REV\">$Revlon(REV)$</a>[Smile]&nbsp;","listText":"<a href=\"https://ttm.financial/S/REV\">$Revlon(REV)$</a>[Smile]&nbsp;","text":"$Revlon(REV)$[Smile]","images":[{"img":"https://community-static.tradeup.com/news/5fce0b23ae50dcde9fefdc90a86e1cd3","width":"1242","height":"2205"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057272293","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9025987652,"gmtCreate":1653612234476,"gmtModify":1676535313891,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025987652","repostId":"1154044884","repostType":2,"repost":{"id":"1154044884","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1653574264,"share":"https://ttm.financial/m/news/1154044884?lang=&edition=full_marsco","pubTime":"2022-05-26 22:11","market":"us","language":"en","title":"EV Stocks Climbed in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1154044884","media":"Tiger Newspress","summary":"EV stocks climbed in morning trading. Tesla, Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Fara","content":"<html><head></head><body><p>EV stocks climbed in morning trading. Tesla, Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future and Lordstown rose between 2% and 10%.</p><p><img src=\"https://static.tigerbbs.com/70ec2c147a5a102c19f363eceb84501c\" tg-width=\"391\" tg-height=\"716\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/8c844a043a8e9888644c5216320dcb73\" tg-width=\"385\" tg-height=\"294\" width=\"100%\" height=\"auto\"/></p><p></p></body></html>","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>EV Stocks Climbed in Morning Trading</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\">\nEV Stocks Climbed in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-26 22:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV stocks climbed in morning trading. Tesla, Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future and Lordstown rose between 2% and 10%.</p><p><img src=\"https://static.tigerbbs.com/70ec2c147a5a102c19f363eceb84501c\" tg-width=\"391\" tg-height=\"716\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/8c844a043a8e9888644c5216320dcb73\" tg-width=\"385\" tg-height=\"294\" width=\"100%\" height=\"auto\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","WKHS":"Workhorse Group, Inc.","NIO":"蔚来","RIVN":"Rivian Automotive, Inc.","LCID":"Lucid Group Inc","XPEV":"小鹏汽车","FSR":"菲斯克","LI":"理想汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154044884","content_text":"EV stocks climbed in morning trading. Tesla, Lucid, Rivian, Nio, Xpeng Motors, Li Auto, Nikola, Faraday Future and Lordstown rose between 2% and 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063317644,"gmtCreate":1651406861453,"gmtModify":1676534902144,"author":{"id":"4090806531052690","authorId":"4090806531052690","name":"Sugio","avatar":"https://static.tigerbbs.com/62d8ee28dfe0571658537cd633344924","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090806531052690","authorIdStr":"4090806531052690"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>[OMG]&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>[OMG]&nbsp;","text":"$ChargePoint Holdings 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