<p><em>要获得优势，您今天需要了解这些信息。</em></p>
<h4><strong>美国与中国</strong></h4>
<p>请点击这里查看 <strong>Intel Corp</strong> INTC 的放大图表。</p>
<p>请注意以下几点：</p>
<ul>
<li>本文讨论的是大局，而不是个别股票。INTC 股票的图表用于说明这一点。</li>
<li>图表显示，INTC 股票因 <strong>NVIDIA Corp</strong> NVDA 将投资 50 亿美元于英特尔并共同开发芯片的消息而上涨了约 30%。</li>
<li>图表显示，INTC 股票已经突破。</li>
<li>图表显示，INTC 股票接近第 2 区域（阻力位）。</li>
<li>图表上的相对强弱指数（RSI）显示，INTC 股票处于超买状态。超买的股票容易出现回调。</li>
<li>Nvidia 和英特尔已合作开发多代数据中心和个人电脑产品。英特尔将制造定制 CPU，Nvidia 将把它们集成到其 AI 平台中。此外，针对个人电脑，英特尔将构建集成 Nvidia 硬件的电路。</li>
<li>今年早些时候，我们与您分享了中国科技公司华为在中国智能手机市场上从 <strong>Apple Inc</strong>(AAPL) 手中夺取市场份额的消息。华为现在正在挑战 Nvidia。华为宣布推出一款新的超级节点计算集群，用于 AI，完全绕过了 Nvidia 的芯片。</li>
<li><strong>在我们的分析中，华为的路线图和 Nvidia 对英特尔的投资勾勒出了美国和中国在开发独立 AI 生态系统的路径。</strong></li>
<li><strong>在我们的分析中，这些发展对超微半导体公司（AMD）是不利的。AMD 将面临来自英特尔和 Nvidia 的更激烈竞争。竞争将涉及多个领域，包括个人电脑。</strong></li>
<li><strong>在我们的分析中，这些发展对台湾半导体制造公司（TSM）也不利。台湾半导体一直在制造 Nvidia 芯片。现在，台湾半导体将面临来自英特尔的真正竞争。</strong></li>
<li><strong>在我们的分析中，经过昨天的降息后，股市现在预计将再降息五次——今年两次，明年三次。特朗普总统的政治压力可能确实会导致五次或更多的降息。谨慎的投资者需要关注通胀仍高于 2% 的目标，约为 3%。降息可能会刺激通胀。</strong></li>
<li>初次失业救济申请人数为 231K，而市场预期为 245K。</li>
</ul>
<h4><strong>英国</strong></h4>
<p>英格兰银行（BOE）将利率维持在 4%，并对未来的降息采取谨慎态度。</p>
<h4><strong>七大巨头资金流动</strong></h4>
<p>在早盘交易中，<strong>Amazon.com, Inc.</strong> (AMZN)、Alphabet (GOOG)、Nvidia (NVDA) 和 <strong>Tesla Inc</strong> (TSLA) 的资金流动为正。</p>
<p>在早盘交易中，Apple (AAPL)、<strong>Meta Platforms Inc</strong> (META) 和 <strong>Microsoft Corp</strong>(MSFT) 的资金流动为中性。</p>
<p>在早盘交易中，<strong>SPDR S&amp;P 500 ETF Trust</strong> (SPY) 和 <strong>Invesco QQQ Trust Series 1</strong> (QQQ) 的资金流动为正。</p>
<h4><strong>Momo 群体与智能资金在股票中的表现</strong></h4>
<p>投资者可以通过了解 SPY 和 QQQ 的资金流动来获得优势。投资者通过了解智能资金何时购买股票、黄金和石油，可以获得更大的优势。黄金最受欢迎的 ETF 是 <strong>SPDR Gold Trust</strong> (GLD)。白银最受欢迎的 ETF 是 <strong>iShares Silver Trust</strong>(SLV)。石油最受欢迎的 ETF 是 <strong>United States Oil ETF</strong> (USO)。</p>
<h4><strong>比特币</strong></h4>
<p><strong>比特币</strong> 正在受到买入。</p>
<h4><strong>现在该做什么</strong></h4>
<p>考虑继续持有良好的、长期的现有头寸。根据个人风险偏好，考虑由现金或国债组成的保护带，或短期战术交易，以及短期和中期对冲。这是一种保护自己并同时参与上涨的好方法。</p>
<p>您可以通过将现金添加到对冲中来确定您的保护带。保护的高带适合年长或保守的人。保护的低带适合年轻或激进的人。如果您不对冲，总现金水平应高于上述所述，但显著低于现金加对冲的总和。</p>
<p>0% 的保护带将非常看涨，表示全额投资且现金为 0%。100% 的保护带将非常看跌，表示需要通过现金和对冲或激进的卖空进行强有力的保护。</p>
<p><strong>值得提醒的是，如果您没有足够的现金，您无法利用即将到来的新机会。</strong> 在调整对冲水平时，考虑调整股票头寸（非 ETF）的部分止损数量；考虑对剩余数量使用更宽的止损，并为高贝塔股票留出更多空间。高贝塔股票是指那些波动幅度大于市场的股票。</p>
<h4><strong>传统 60/40 投资组合</strong></h4>
<p>基于概率的风险回报调整考虑到通胀，目前并不支持长期战略债券配置。</p>
<p>那些希望坚持传统 60% 股票和 40% 债券配置的人，可以考虑专注于高质量债券和五年期或更短的债券。那些愿意在投资中引入复杂性的投资者，可以考虑将债券 ETF 作为战术头寸，而不是在此时作为战略头寸。</p>
<p><strong><em>Benzinga 免责声明：本文来自未付的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性编辑。</em></strong></p>

英伟达

英特尔

<p>美国和中国正在发展各自的人工智能生态系统，华为通过推出一个绕过英伟达芯片的超级节点计算集群来挑战英伟达。英伟达对英特尔的 50 亿美元投资提升了英特尔的股价，后者的股价接近阻力位。市场预计还会有五次降息，这引发了对通货膨胀的担忧。主要科技股出现了积极的资金流入，而比特币也在出现买入活动。投资者被建议保持长期头寸，并考虑使用现金或对冲策略进行保护</p>

<p><em>To gain an edge, this is what you need to know today.</em></p>
<div class="lb-trans"><p><em>要获得优势，您今天需要了解这些信息。</em></p>
</div><h4><strong>U.S. Vs. China</strong></h4>
<div class="lb-trans"><h4><strong>美国与中国</strong></h4>
</div><p>Please click here for an enlarged chart of <strong>Intel Corp</strong> INTC.</p>
<div class="lb-trans"><p>请点击这里查看 <strong>Intel Corp</strong> INTC 的放大图表。</p>
</div><p>Note the following:</p>
<div class="lb-trans"><p>请注意以下几点：</p>
</div><ul>
<li>This article is about the big picture, not an individual stock. The chart of INTC stock is being used to illustrate the point.</li>
<li>The chart shows INTC stock has jumped about 30% on the news that <strong>NVIDIA Corp</strong> NVDA will invest $5B in Intel and co-develop chips.</li>
<li>The chart shows that INTC stock has broken out.</li>
<li>The chart shows INTC stock is nearing zone 2 (resistance).</li>
<li>RSI on the chart shows INTC stock is overbought. Overbought stocks are susceptible to a pullback.</li>
<li>Nvidia and Intel have partnered to co-develop many generations of data center and PC products. Intel will build custom CPUs and Nvidia will integrate them into its AI platforms. Additionally for personal computers, Intel will build circuits integrating Nvidia hardware.</li>
<li>Earlier this year, we shared with you Chinese tech company Huawei was taking market share from <strong>Apple Inc</strong>(AAPL) in the smart phone market in China. Huawei is now challenging Nvidia. Huawei announced a new supernode computing cluster for AI that completely bypasses Nvidia's chips.</li>
<li><strong>In our analysis, Huawei's roadmap and Nvidia's investment in Intel sets up the contour of how the U.S. and China are on a path to develop separate ecosystems for AI.</strong></li>
<li><strong>In our analysis, these developments are negative for Advanced Micro Devices, Inc. (AMD). AMD will face stiffer competition from both Intel and Nvidia. The increased competition will be on multiple fronts including PCs.</strong></li>
<li><strong>In our analysis, these developments are also negative for Semiconductor Mfg. Co. Ltd. (TSM). Taiwan Semiconductor has been manufacturing Nvidia chips. Now Taiwan Semiconductor will face real competition from Intel.</strong></li>
<li><strong>In our analysis, after the rate cut yesterday, the stock market is now discounting five more interest rate cuts – two this year and three next year. The political pressure from President Trump may indeed result in five or more cuts. Prudent investors need to be concerned that inflation is still above the 2% target, running around 3%. Rate cuts have the potential to stoke inflation.</strong></li>
<li>Initial jobless claims came at 231K vs. 245K consensus.</li>
</ul>
<div class="lb-trans"><ul>
<li>本文讨论的是大局，而不是个别股票。INTC 股票的图表用于说明这一点。</li>
<li>图表显示，INTC 股票因 <strong>NVIDIA Corp</strong> NVDA 将投资 50 亿美元于英特尔并共同开发芯片的消息而上涨了约 30%。</li>
<li>图表显示，INTC 股票已经突破。</li>
<li>图表显示，INTC 股票接近第 2 区域（阻力位）。</li>
<li>图表上的相对强弱指数（RSI）显示，INTC 股票处于超买状态。超买的股票容易出现回调。</li>
<li>Nvidia 和英特尔已合作开发多代数据中心和个人电脑产品。英特尔将制造定制 CPU，Nvidia 将把它们集成到其 AI 平台中。此外，针对个人电脑，英特尔将构建集成 Nvidia 硬件的电路。</li>
<li>今年早些时候，我们与您分享了中国科技公司华为在中国智能手机市场上从 <strong>Apple Inc</strong>(AAPL) 手中夺取市场份额的消息。华为现在正在挑战 Nvidia。华为宣布推出一款新的超级节点计算集群，用于 AI，完全绕过了 Nvidia 的芯片。</li>
<li><strong>在我们的分析中，华为的路线图和 Nvidia 对英特尔的投资勾勒出了美国和中国在开发独立 AI 生态系统的路径。</strong></li>
<li><strong>在我们的分析中，这些发展对超微半导体公司（AMD）是不利的。AMD 将面临来自英特尔和 Nvidia 的更激烈竞争。竞争将涉及多个领域，包括个人电脑。</strong></li>
<li><strong>在我们的分析中，这些发展对台湾半导体制造公司（TSM）也不利。台湾半导体一直在制造 Nvidia 芯片。现在，台湾半导体将面临来自英特尔的真正竞争。</strong></li>
<li><strong>在我们的分析中，经过昨天的降息后，股市现在预计将再降息五次——今年两次，明年三次。特朗普总统的政治压力可能确实会导致五次或更多的降息。谨慎的投资者需要关注通胀仍高于 2% 的目标，约为 3%。降息可能会刺激通胀。</strong></li>
<li>初次失业救济申请人数为 231K，而市场预期为 245K。</li>
</ul>
</div><h4><strong>U.K.</strong></h4>
<div class="lb-trans"><h4><strong>英国</strong></h4>
</div><p>The Bank of England (BOE) left interest rates at 4% and is taking a cautious stance of future rate cuts.</p>
<div class="lb-trans"><p>英格兰银行（BOE）将利率维持在 4%，并对未来的降息采取谨慎态度。</p>
</div><h4><strong>Magnificent Seven Money Flows</strong></h4>
<div class="lb-trans"><h4><strong>七大巨头资金流动</strong></h4>
</div><p>In the early trade, money flows are positive in <strong>Amazon.com, Inc.</strong> (AMZN), Alphabet (GOOG), Nvidia (NVDA), and <strong>Tesla Inc</strong> (TSLA).</p>
<div class="lb-trans"><p>在早盘交易中，<strong>Amazon.com, Inc.</strong> (AMZN)、Alphabet (GOOG)、Nvidia (NVDA) 和 <strong>Tesla Inc</strong> (TSLA) 的资金流动为正。</p>
</div><p>In the early trade, money flows are neutral in Apple (AAPL), <strong>Meta Platforms Inc</strong> (META), and <strong>Microsoft Corp</strong>(MSFT).</p>
<div class="lb-trans"><p>在早盘交易中，Apple (AAPL)、<strong>Meta Platforms Inc</strong> (META) 和 <strong>Microsoft Corp</strong>(MSFT) 的资金流动为中性。</p>
</div><p>In the early trade, money flows are positive in <strong>SPDR S&amp;P 500 ETF Trust</strong> (SPY) and <strong>Invesco QQQ Trust Series 1</strong> (QQQ).</p>
<div class="lb-trans"><p>在早盘交易中，<strong>SPDR S&amp;P 500 ETF Trust</strong> (SPY) 和 <strong>Invesco QQQ Trust Series 1</strong> (QQQ) 的资金流动为正。</p>
</div><h4><strong>Momo Crowd And Smart Money In Stocks</strong></h4>
<div class="lb-trans"><h4><strong>Momo 群体与智能资金在股票中的表现</strong></h4>
</div><p>Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is <strong>SPDR Gold Trust</strong> (GLD). The most popular ETF for silver is <strong>iShares Silver Trust</strong>(SLV). The most popular ETF for oil is <strong>United States Oil ETF</strong> (USO).</p>
<div class="lb-trans"><p>投资者可以通过了解 SPY 和 QQQ 的资金流动来获得优势。投资者通过了解智能资金何时购买股票、黄金和石油，可以获得更大的优势。黄金最受欢迎的 ETF 是 <strong>SPDR Gold Trust</strong> (GLD)。白银最受欢迎的 ETF 是 <strong>iShares Silver Trust</strong>(SLV)。石油最受欢迎的 ETF 是 <strong>United States Oil ETF</strong> (USO)。</p>
</div><h4><strong>Bitcoin</strong></h4>
<div class="lb-trans"><h4><strong>比特币</strong></h4>
</div><p><strong>Bitcoin</strong> is seeing buying.</p>
<div class="lb-trans"><p><strong>比特币</strong> 正在受到买入。</p>
</div><h4><strong>What To Do Now</strong></h4>
<div class="lb-trans"><h4><strong>现在该做什么</strong></h4>
</div><p>Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.</p>
<div class="lb-trans"><p>考虑继续持有良好的、长期的现有头寸。根据个人风险偏好，考虑由现金或国债组成的保护带，或短期战术交易，以及短期和中期对冲。这是一种保护自己并同时参与上涨的好方法。</p>
</div><p>You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.</p>
<div class="lb-trans"><p>您可以通过将现金添加到对冲中来确定您的保护带。保护的高带适合年长或保守的人。保护的低带适合年轻或激进的人。如果您不对冲，总现金水平应高于上述所述，但显著低于现金加对冲的总和。</p>
</div><p>A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.</p>
<div class="lb-trans"><p>0% 的保护带将非常看涨，表示全额投资且现金为 0%。100% 的保护带将非常看跌，表示需要通过现金和对冲或激进的卖空进行强有力的保护。</p>
</div><p><strong>It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.</strong> When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.</p>
<div class="lb-trans"><p><strong>值得提醒的是，如果您没有足够的现金，您无法利用即将到来的新机会。</strong> 在调整对冲水平时，考虑调整股票头寸（非 ETF）的部分止损数量；考虑对剩余数量使用更宽的止损，并为高贝塔股票留出更多空间。高贝塔股票是指那些波动幅度大于市场的股票。</p>
</div><h4><strong>Traditional 60/40 Portfolio</strong></h4>
<div class="lb-trans"><h4><strong>传统 60/40 投资组合</strong></h4>
</div><p>Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.</p>
<div class="lb-trans"><p>基于概率的风险回报调整考虑到通胀，目前并不支持长期战略债券配置。</p>
</div><p>Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.</p>
<div class="lb-trans"><p>那些希望坚持传统 60% 股票和 40% 债券配置的人，可以考虑专注于高质量债券和五年期或更短的债券。那些愿意在投资中引入复杂性的投资者，可以考虑将债券 ETF 作为战术头寸，而不是在此时作为战略头寸。</p>
</div><p><strong><em>Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.</em></strong></p>
<div class="lb-trans"><p><strong><em>Benzinga 免责声明：本文来自未付的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性编辑。</em></strong></p>
</div>

US Vs. China: Huawei Roadmap to Challenge Nvidia; Nvidia Invests In Intel; Market Discounts Five Cuts

- 英特尔股价因 NVIDIA 投资 50 亿美元而上涨约 30%。
- 华为在 AI 领域挑战 NVIDIA，可能影响 AMD 和台积电。
- 投资者应考虑持有现金以应对市场波动。

美国与中国：华为的路线图挑战英伟达；英伟达投资英特尔；市场预期五次降息