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shane123
2024-01-31
$Frencken(E28.SI)$
anything happen to franken?
shane123
2024-01-30
huat franken to the moon
shane123
2023-10-19
$CapLand IntCom T(C38U.SI)$
why keep falling? when the falling will end?
shane123
2023-09-27
$CapLand IntCom T(C38U.SI)$
why is it keep dropping?
shane123
2023-06-23
$Digital Turbine(APPS)$
is this stock a doomed stock?
shane123
2022-10-14
$NVIDIA Corp(NVDA)$
bullish all the way
shane123
2022-10-14
$NVIDIA Corp(NVDA)$
shane123
2022-09-27
$FRASERS CENTREPOINT TRUST(J69U.SI)$
why drop so much? can anyone know what is happening?
shane123
2022-01-14
$Moderna, Inc.(MRNA)$
why keep dropping?
shane123
2022-01-14
$BioNTech SE(BNTX)$
why keep dropping?
shane123
2022-01-04
$Digital Turbine(APPS)$
why keep dropping?
shane123
2021-09-23
$Tencent Holding Ltd.(TCEHY)$
???
shane123
2021-09-21
$Tencent Holding Ltd.(TCEHY)$
???
shane123
2021-09-21
huat!
Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday
shane123
2021-09-21
$Pfizer(PFE)$
huat!
shane123
2021-09-20
$CapitaLandInves(9CI.SI)$
huat to the moon!
shane123
2021-09-20
$Tencent Holding Ltd.(TCEHY)$
???
shane123
2021-09-18
$Alibaba(BABA)$
???
shane123
2021-09-18
$Moderna, Inc.(MRNA)$
huat!
shane123
2021-09-17
$Tencent Holding Ltd.(TCEHY)$
???
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href=\"https://ttm.financial/S/E28.SI\">$Frencken(E28.SI)$ </a> anything happen to franken?","listText":"<a href=\"https://ttm.financial/S/E28.SI\">$Frencken(E28.SI)$ </a> anything happen to franken?","text":"$Frencken(E28.SI)$ anything happen to franken?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/268836398637240","isVote":1,"tweetType":1,"viewCount":3700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268645255078096,"gmtCreate":1706596167868,"gmtModify":1706596172175,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat franken to the moon","listText":"huat franken to the moon","text":"huat franken to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268645255078096","isVote":1,"tweetType":1,"viewCount":2476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232058934386704,"gmtCreate":1697684849170,"gmtModify":1697684851310,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","text":"$CapLand IntCom T(C38U.SI)$ why keep falling? when the falling will end?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232058934386704","isVote":1,"tweetType":1,"viewCount":2757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224440779386912,"gmtCreate":1695804027120,"gmtModify":1695804029728,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","text":"$CapLand IntCom T(C38U.SI)$ why is it keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/224440779386912","isVote":1,"tweetType":1,"viewCount":3966,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582448358405538","authorId":"3582448358405538","name":"steve ong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"idStr":"3582448358405538","authorIdStr":"3582448358405538"},"content":"I also want to know who understands","text":"I also want to know who understands","html":"I also want to know who understands"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190474356879392,"gmtCreate":1687528228148,"gmtModify":1687528231104,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$ </a>is this stock a doomed stock? ","listText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$ </a>is this stock a doomed stock? ","text":"$Digital Turbine(APPS)$ is this stock a doomed stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190474356879392","isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980626637,"gmtCreate":1665719333629,"gmtModify":1676537654994,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>bullish all the way","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a>bullish all the way","text":"$NVIDIA Corp(NVDA)$bullish all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980626637","isVote":1,"tweetType":1,"viewCount":2540,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980626971,"gmtCreate":1665719250994,"gmtModify":1676537654983,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a><v-v data-views=\"1\"></v-v>","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980626971","isVote":1,"tweetType":1,"viewCount":3082,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911471029,"gmtCreate":1664250359561,"gmtModify":1676537419034,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a>why drop so much? can anyone know what is happening?","listText":"<a href=\"https://ttm.financial/S/J69U.SI\">$FRASERS CENTREPOINT TRUST(J69U.SI)$</a>why drop so much? can anyone know what is happening?","text":"$FRASERS CENTREPOINT TRUST(J69U.SI)$why drop so much? can anyone know what is happening?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9911471029","isVote":1,"tweetType":1,"viewCount":3673,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567027336968594","authorId":"3567027336968594","name":"大白兔女生","avatar":"https://static.tigerbbs.com/9164215640a1bec6913d46610a230edf","crmLevel":6,"crmLevelSwitch":0,"idStr":"3567027336968594","authorIdStr":"3567027336968594"},"content":"Higher interest rate on loan and the overall market is bearish.","text":"Higher interest rate on loan and the overall market is bearish.","html":"Higher interest rate on loan and the overall market is bearish."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005390747,"gmtCreate":1642167806766,"gmtModify":1676533688190,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","text":"$Moderna, Inc.(MRNA)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005390747","isVote":1,"tweetType":1,"viewCount":5272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005390418,"gmtCreate":1642167783670,"gmtModify":1676533688190,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BNTX\">$BioNTech SE(BNTX)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/BNTX\">$BioNTech SE(BNTX)$</a>why keep dropping?","text":"$BioNTech SE(BNTX)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005390418","isVote":1,"tweetType":1,"viewCount":3553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001708353,"gmtCreate":1641310664767,"gmtModify":1676533596554,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/APPS\">$Digital Turbine(APPS)$</a>why keep dropping?","text":"$Digital Turbine(APPS)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001708353","isVote":1,"tweetType":1,"viewCount":1842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863559668,"gmtCreate":1632407510454,"gmtModify":1676530775552,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","listText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","text":"$Tencent Holding Ltd.(TCEHY)$???","images":[{"img":"https://static.tigerbbs.com/8391733a92710433d0f3e4a3ccd994c1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863559668","isVote":1,"tweetType":1,"viewCount":1242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869943502,"gmtCreate":1632238036306,"gmtModify":1676530732652,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","listText":"<a href=\"https://laohu8.com/S/TCEHY\">$Tencent Holding Ltd.(TCEHY)$</a>???","text":"$Tencent Holding Ltd.(TCEHY)$???","images":[{"img":"https://static.tigerbbs.com/9a3f14299ff9c8b35ff018b2a8ab6b04","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869943502","isVote":1,"tweetType":1,"viewCount":1371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869949054,"gmtCreate":1632237942078,"gmtModify":1676530732611,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat!","listText":"huat!","text":"huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869949054","repostId":"1177198394","repostType":4,"repost":{"id":"1177198394","kind":"news","pubTimestamp":1632235173,"share":"https://ttm.financial/m/news/1177198394?lang=en_US&edition=fundamental","pubTime":"2021-09-21 22:39","market":"us","language":"en","title":"Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday","url":"https://stock-news.laohu8.com/highlight/detail?id=1177198394","media":"zerohedge","summary":"A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-","content":"<p>A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.</p>\n<p><img src=\"https://static.tigerbbs.com/1786f12c41a5427f9277711dd6122fa2\" tg-width=\"1280\" tg-height=\"734\" width=\"100%\" height=\"auto\">So what happened? What changed?</p>\n<p>Nomura's Charlie McElligott explains that<b>there is simply no way to overstate the power of the “reflexive vol sellers” into another spike, as this “sell the rip (in vol)” = “buy the dip (in stocks),”</b>particularly as it related Put sellers either directionally shorting “rich” vols yday…and “long sellers” who monetized their downside hedges by the close (a lot of that being 1d SPY Puts from Retail “day traders” which doesn’t show in OI), creating $Delta to buy and again self-fulfilling yet another “turnaround Tuesday”</p>\n<p><b>Critically, that Delta buying in the late day was hugely important then in reducing the absolute $ of systematic deleveraging “accelerant” flows,</b>because only closing down -170bps in SPX then meant a much more manageable -$24.7B of Vol Control de-allocation in coming days, as opposed to what would have been a much more challenging -$62.9B to digest which we estimate would have been triggered off of a “-3% close”…while similarly, Leveraged ETFs only needed to rebalance -$5.9B at EOD, as opposed to a hypothetical -$8.9B assumed at the low of the day</p>\n<p>Specifically,as SpotGamma details, the chart below shows that puts were net closed at all strikes above 4365 SPX (and 435 SPY) but there were fairly substantial positions added to lower strikes.</p>\n<p><img src=\"https://static.tigerbbs.com/25f8ce90d9cfdede70ef98382459a6cd\" tg-width=\"1024\" tg-height=\"192\" width=\"100%\" height=\"auto\"><b>This indicates puts were rolled rather than outright closed</b>. Again, with the Fed tomorrow trades want to leave some protection on.</p>\n<p>Put volume surged relative to calls yesterday...</p>\n<p><img src=\"https://static.tigerbbs.com/a25913a2cabb6b46c8d7b33bfc4c1b56\" tg-width=\"1024\" tg-height=\"527\" width=\"100%\" height=\"auto\"></p>\n<p>To Nomura's Charlie McElligott's amazement yesterday, we saw confirmation of our repeated point made stating that “the only things that clears out all that “crash” pricing in vol metrics is a crash”... yet it is<b>VERY worth noting then that we actually saw Skew still steepen further yday despite incredibly high levels of both ATM Vol and Skew</b>(SPX 1m 25delta Put Call Skew steepened 70bps, same gig for others: QQQ 64bps, IWM 37bps)...</p>\n<p><img src=\"https://static.tigerbbs.com/9f28cb0a978b218edc50c0de19472a9c\" tg-width=\"1024\" tg-height=\"525\" width=\"100%\" height=\"auto\">...which tells us that<b>the Dealer “short Vol / short Skew” problem still remains lurking in background.</b></p>\n<p>SpotGammaconcludes that its up to Powell tomorrow to set the next price move, which should be rather substantial due to the options positioning.<b>Negative gamma could strongly influence any selling to the downside.</b></p>\n<p><img src=\"https://static.tigerbbs.com/f192cee29fb2e39a7c666e6159338989\" tg-width=\"640\" tg-height=\"610\" width=\"100%\" height=\"auto\">To the upside there is also a ton of fuel for an vanna-induced move if traders sell off their puts and crush the high implied volatility levels.<b>Therefore while today is likely about chop, the move out of Wednesday should be substantial.</b></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>Pros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPros Increased 'Crash' Protection As Reflexive Vol-Sellers Rescued Stocks Yesterday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 22:39 GMT+8 <a href=https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.\nSo ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/pros-increased-crash-protection-reflexive-vol-sellers-rescued-stocks-yesterday?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177198394","content_text":"A dramatic rebound in stocks - off the S&P's 100DMA - has prompted many commission-rakers and asset-gatherers today to call the end of the Evergrande event and signal the all-clear to new highs.\nSo what happened? What changed?\nNomura's Charlie McElligott explains thatthere is simply no way to overstate the power of the “reflexive vol sellers” into another spike, as this “sell the rip (in vol)” = “buy the dip (in stocks),”particularly as it related Put sellers either directionally shorting “rich” vols yday…and “long sellers” who monetized their downside hedges by the close (a lot of that being 1d SPY Puts from Retail “day traders” which doesn’t show in OI), creating $Delta to buy and again self-fulfilling yet another “turnaround Tuesday”\nCritically, that Delta buying in the late day was hugely important then in reducing the absolute $ of systematic deleveraging “accelerant” flows,because only closing down -170bps in SPX then meant a much more manageable -$24.7B of Vol Control de-allocation in coming days, as opposed to what would have been a much more challenging -$62.9B to digest which we estimate would have been triggered off of a “-3% close”…while similarly, Leveraged ETFs only needed to rebalance -$5.9B at EOD, as opposed to a hypothetical -$8.9B assumed at the low of the day\nSpecifically,as SpotGamma details, the chart below shows that puts were net closed at all strikes above 4365 SPX (and 435 SPY) but there were fairly substantial positions added to lower strikes.\nThis indicates puts were rolled rather than outright closed. Again, with the Fed tomorrow trades want to leave some protection on.\nPut volume surged relative to calls yesterday...\n\nTo Nomura's Charlie McElligott's amazement yesterday, we saw confirmation of our repeated point made stating that “the only things that clears out all that “crash” pricing in vol metrics is a crash”... yet it isVERY worth noting then that we actually saw Skew still steepen further yday despite incredibly high levels of both ATM Vol and Skew(SPX 1m 25delta Put Call Skew steepened 70bps, same gig for others: QQQ 64bps, IWM 37bps)...\n...which tells us thatthe Dealer “short Vol / short Skew” problem still remains lurking in background.\nSpotGammaconcludes that its up to Powell tomorrow to set the next price move, which should be rather substantial due to the options positioning.Negative gamma could strongly influence any selling to the downside.\nTo the upside there is also a ton of fuel for an vanna-induced move if traders sell off their puts and crush the high implied volatility levels.Therefore while today is likely about chop, the move out of Wednesday should be substantial.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869940651,"gmtCreate":1632237914673,"gmtModify":1676530732595,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>huat!","listText":"<a 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franken?","text":"$Frencken(E28.SI)$ anything happen to franken?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/268836398637240","isVote":1,"tweetType":1,"viewCount":3700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224440779386912,"gmtCreate":1695804027120,"gmtModify":1695804029728,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why is it keep dropping?","text":"$CapLand IntCom T(C38U.SI)$ why is it keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/224440779386912","isVote":1,"tweetType":1,"viewCount":3966,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582448358405538","authorId":"3582448358405538","name":"steve ong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"idStr":"3582448358405538","authorIdStr":"3582448358405538"},"content":"I also want to know who understands","text":"I also want to know who understands","html":"I also want to know who understands"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232058934386704,"gmtCreate":1697684849170,"gmtModify":1697684851310,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","listText":"<a href=\"https://ttm.financial/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$ </a>why keep falling? when the falling will end?","text":"$CapLand IntCom T(C38U.SI)$ why keep falling? when the falling will end?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232058934386704","isVote":1,"tweetType":1,"viewCount":2757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814219483,"gmtCreate":1630822124042,"gmtModify":1676530401777,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon!","listText":"huat to the moon!","text":"huat to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814219483","repostId":"2164808914","repostType":4,"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813794115,"gmtCreate":1630244070937,"gmtModify":1676530249940,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon all the way!!!!!!!!!!!!!!!!!!!!!!","listText":"huat to the moon all the way!!!!!!!!!!!!!!!!!!!!!!","text":"huat to the moon all the way!!!!!!!!!!!!!!!!!!!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813794115","repostId":"2162733980","repostType":4,"isVote":1,"tweetType":1,"viewCount":747,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814218431,"gmtCreate":1630822483823,"gmtModify":1676530401854,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon!","listText":"huat to the moon!","text":"huat to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814218431","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=en_US&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8 <a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Source 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","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805912402,"gmtCreate":1627835288706,"gmtModify":1703496422363,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon","listText":"huat to the moon","text":"huat to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805912402","repostId":"1159296868","repostType":4,"isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803287611,"gmtCreate":1627441847033,"gmtModify":1703490045056,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat to the moon","listText":"huat to the moon","text":"huat to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/803287611","repostId":"2154943718","repostType":4,"repost":{"id":"2154943718","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":1627440754,"share":"https://ttm.financial/m/news/2154943718?lang=en_US&edition=fundamental","pubTime":"2021-07-28 10:52","market":"us","language":"en","title":"China state-owned daily urges calm after market rout","url":"https://stock-news.laohu8.com/highlight/detail?id=2154943718","media":"Reuters","summary":"SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday aft","content":"<p>SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations.</p>\n<p>Regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the outlook for investments in Chinese firms.</p>\n<p>In a front page commentary on Wednesday, the state-owned Securities Times said that systemic risks \"do not exist in the A-share market overall.\"</p>\n<p>\"The macroeconomy is still in a steady rebound stage, and short-term fluctuations do not change the long-term positive outlook for A-shares,\" the commentary said.</p>\n<p>\"The recent market decline to some extent reflects misinterpretation of policies and a venting of emotion. Economic fundamentals have not changed and the market will stabilise at any moment.\"</p>\n<p>Other major securities dailies echoed the commentary in market reports.</p>\n<p>In a front page story citing domestic fund managers, the official China Securities Journal said the sell-off was a \"structural adjustment\", a sustained plunge is unlikely and the market does not face systemic risk.</p>\n<p>A story in the state-run Shanghai Securities News quoted domestic analysts as saying that the sell-off would not continue, and that the market will gradually stabilise.</p>\n<p>\"For institutions, the decline brings the opportunity for positioning in high-quality shares,\" it said.</p>\n<p>What started off as a sell-off in shares on Monday had spread into fixed income and foreign exchange markets by Tuesday afternoon, sending the yuan falling through psychologically significant levels and pushing Chinese sovereign bond yields, and the cost of insurance against a default in China's dollar debt, higher.</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>China state-owned daily urges calm after market rout</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\">\nChina state-owned daily urges calm after market rout\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\">2021-07-28 10:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations.</p>\n<p>Regulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the outlook for investments in Chinese firms.</p>\n<p>In a front page commentary on Wednesday, the state-owned Securities Times said that systemic risks \"do not exist in the A-share market overall.\"</p>\n<p>\"The macroeconomy is still in a steady rebound stage, and short-term fluctuations do not change the long-term positive outlook for A-shares,\" the commentary said.</p>\n<p>\"The recent market decline to some extent reflects misinterpretation of policies and a venting of emotion. Economic fundamentals have not changed and the market will stabilise at any moment.\"</p>\n<p>Other major securities dailies echoed the commentary in market reports.</p>\n<p>In a front page story citing domestic fund managers, the official China Securities Journal said the sell-off was a \"structural adjustment\", a sustained plunge is unlikely and the market does not face systemic risk.</p>\n<p>A story in the state-run Shanghai Securities News quoted domestic analysts as saying that the sell-off would not continue, and that the market will gradually stabilise.</p>\n<p>\"For institutions, the decline brings the opportunity for positioning in high-quality shares,\" it said.</p>\n<p>What started off as a sell-off in shares on Monday had spread into fixed income and foreign exchange markets by Tuesday afternoon, sending the yuan falling through psychologically significant levels and pushing Chinese sovereign bond yields, and the cost of insurance against a default in China's dollar debt, higher.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154943718","content_text":"SHANGHAI, July 28 (Reuters) - A Chinese state-owned securities newspaper urged calm on Wednesday after investors dumped mainland shares for a second day on worries over the impact of tighter government regulations.\nRegulatory moves aimed at the education, property and technology sectors sparked heavy selling this week in Chinese markets, and have left global investors bruised and uncertain over the outlook for investments in Chinese firms.\nIn a front page commentary on Wednesday, the state-owned Securities Times said that systemic risks \"do not exist in the A-share market overall.\"\n\"The macroeconomy is still in a steady rebound stage, and short-term fluctuations do not change the long-term positive outlook for A-shares,\" the commentary said.\n\"The recent market decline to some extent reflects misinterpretation of policies and a venting of emotion. Economic fundamentals have not changed and the market will stabilise at any moment.\"\nOther major securities dailies echoed the commentary in market reports.\nIn a front page story citing domestic fund managers, the official China Securities Journal said the sell-off was a \"structural adjustment\", a sustained plunge is unlikely and the market does not face systemic risk.\nA story in the state-run Shanghai Securities News quoted domestic analysts as saying that the sell-off would not continue, and that the market will gradually stabilise.\n\"For institutions, the decline brings the opportunity for positioning in high-quality shares,\" it said.\nWhat started off as a sell-off in shares on Monday had spread into fixed income and foreign exchange markets by Tuesday afternoon, sending the yuan falling through psychologically significant levels and pushing Chinese sovereign bond yields, and the cost of insurance against a default in China's dollar debt, higher.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005390747,"gmtCreate":1642167806766,"gmtModify":1676533688190,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","listText":"<a href=\"https://ttm.financial/S/MRNA\">$Moderna, Inc.(MRNA)$</a>why keep dropping?","text":"$Moderna, Inc.(MRNA)$why keep dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005390747","isVote":1,"tweetType":1,"viewCount":5272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814216972,"gmtCreate":1630822524696,"gmtModify":1676530401861,"author":{"id":"3581772626334367","authorId":"3581772626334367","name":"shane123","avatar":"https://static.tigerbbs.com/37ab767dde1f3012ec2356b2a44aa490","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581772626334367","authorIdStr":"3581772626334367"},"themes":[],"htmlText":"huat all the way to the moon!!!!","listText":"huat all the way to the moon!!!!","text":"huat all the way to the moon!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814216972","repostId":"1194566233","repostType":4,"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}