A.Tobacco stocks also perked up as investors discounted fears of litigation(诉讼) from the USB. So far，109 countries have signed it, and 12 have ratified it.C. The impact of the treaty could be huge.D. Countries that ratify(批准) it would be required to ena

These are defensive behavior patterns which derive from our fears.

A:stem
B:rely
C:develop
D:grow

Questions 9~11 refer to the following information.
The daily changes of the market can lead investors astray. The ups and downs make the tendency to look at the portfolio’s performance frequently too tempting. This means investors are likely to perceive more risk, forgetting about their long term goals.
When investors log into their trading accounts they can see the potential gain or loss of all of their assets. They can also see the day change on assets which are coded gain and loss. However, it's believed that those who look less get more.
For instance, if you look at FTSE index from today to tomorrow there is a roughly 50% chance that it has gone up or down. If you look at it over a year you may find that 60%-65% of the time it is going up. And if you look over a five-year period you will find that 90% of the time it goes up.

According to the passage, investors tend to________.

A. be concerned about immediate
B. be misled by the daily changes
C. be attracted by risk rather than
D. be worried about the ups and downs of the market

Investment Tips

By Scott Russell

Investing in stocks that are less than $5 per share is a good way to boost your stock portfolio. Many big investors ignore these stocks because of the potential risks involved, however, these stocks often grow significantly over the course of time. Investing in inexpensive stocks is a wise move, provided that you hold on to them for at least one year to allow enough time for them to develop.

Four stocks that I suggest for less than $5 per share are High Standard Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and Peak Media Holdings. If you are new to the market, you might want to try investing in them through an online brokerage firm that does not charge a high commission for their services, and remember: only invest up to five percent of your entire stock portfolio in any stock, including these.
------------------------------------------------------------------------------------------------------------------------------
Quick Stock Quotes -- Thursday April 22 -- 2:40 P.M.
(Quotes delayed by 20 minutes)
Nova Oil, Inc. (NOI)
3.93 +0.08 +2.08%

Previous Close 3.85
Open 3.87
High 3.94
Low 3.79
Volume 864,300
Bid 3.91
Bid Size 600
Ask 3.97
Ask Size 3,300
52 Week range 1.64-8.90
Why does Mr. Russell say big investors ignore these stocks?

A. They are risky.

B. They are too popular.

C. They often lose money rapidly.

D. It is difficult to make money from them.

Investment Tips

By Scott Russell

Investing in stocks that are less than $5 per share is a good way to boost your stock portfolio. Many big investors ignore these stocks because of the potential risks involved, however, these stocks often grow significantly over the course of time. Investing in inexpensive stocks is a wise move, provided that you hold on to them for at least one year to allow enough time for them to develop.

Four stocks that I suggest for less than $5 per share are High Standard Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and Peak Media Holdings. If you are new to the market, you might want to try investing in them through an online brokerage firm that does not charge a high commission for their services, and remember: only invest up to five percent of your entire stock portfolio in any stock, including these.
------------------------------------------------------------------------------------------------------------------------------
Quick Stock Quotes -- Thursday April 22 -- 2:40 P.M.
(Quotes delayed by 20 minutes)
Nova Oil, Inc. (NOI)
3.93 +0.08 +2.08%

Previous Close 3.85
Open 3.87
High 3.94
Low 3.79
Volume 864,300
Bid 3.91
Bid Size 600
Ask 3.97
Ask Size 3,300
52 Week range 1.64-8.90
What investment strategy does Mr. Russell NOT suggest in the article?

A. Investing in more than one stock at once

B. Investing through an online brokerage firm

C. Investing in the stock for at least one year

D. Investing up to five percent of a stock portfolio.

资料：The daily changes of the market can lead investors astray.The ups and downs make the tendency to look at the portfolio,s performance frequently too temping.This means investers are likely to perceive mere risk,forgetting about their key term goals.
When investors log into their trading accounts they can see the potential gain or loss of all of their assets.They can also see the day change on assets which are coded gain and loss.However,It,s believed that those who look less get more.
For instance.if you look at FLSE index from today to tomorrow there is a roughly 50% chance that it has gone up or down.If you look at it over a year you may find that 60%~65% of the time it is going up.And if you look over a five-year period.you will find that 90% of the time it goes up.

What is the example trying to illustrate?

A.Most investors log into their trading accounts every day
B.The investors who seldom check daily changes may get more returns
C.The potential gain and loss of assets can be predicted
D.The potential growth rate of the portfolio is likely to be fixed

资料：The daily changes of the market can lead investors astray.The ups and downs make the tendency to look at the portfolio,s performance frequently too temping.This means investers are likely to perceive mere risk,forgetting about their key term goals.
When investors log into their trading accounts they can see the potential gain or loss of all of their assets.They can also see the day change on assets which are coded gain and loss.However,It,s believed that those who look less get more.
For instance.if you look at FLSE index from today to tomorrow there is a roughly 50% chance that it has gone up or down.If you look at it over a year you may find that 60%~65% of the time it is going up.And if you look over a five-year period.you will find that 90% of the time it goes up.

What is the author‘s suggestion to investors？

A.Keep themselves from checking their trading accounts
B.Avoid risks in terms of investment plans
C.Pay attention to long-term interests rather than short-term ones
D.缺

资料：Native ads - or ads that take on the look and feel of the content surrounding them - are taking over digital advertising.
By 2021, native display ad revenue in the US, which includes native in-feed ads on publisher properties and social platforms, will make up 74% of total US display ad revenue, up from a 56% share in 2016, according to new BI Intelligence estimates based off historical data from the Interactive Advertising Bureau （IAB） and PwC, as well as IHS.
The rapid uptick in native's share of display ad revenue can largely be attributed to the dominance of social platforms like Facebook and Twitter — which were early champions of native and rely almost entirely on native formats — as well as the introduction of new programmatic technologies that are making it easier for publishers and advertisers to scale native campaigns.
In a new report from BI Intelligence, we breaks out native ads into three categories: social native, native-style display, and sponsored content （also referred to as premium native）. We provide（一审未录入） forecasts for how revenues from these formats will grow over the next five years and looks at what factors, in particular, are driving up spending on each of these ad units. As a note, because revenues from these three types of native content can overlap, we do not provide an overall native forecast. Finally, we lay out some of the challenges that face properties that rely on native ads, namely ad frequency and Scalability issues.
Here are some key takeaways from the report:
Native-display ads, including social native and native ads in-feed on publisher websites, will make up the bulk of native ad revenue from 2016-2021. Native display ad revenue in the US will rise at a five-year compound annual growth rate （CAGR） of 17% during this time period to eclipse $36 billion. The rise of native video ads, particularly on social platforms, will be one of the main drivers of this growth.

The passage is most probably an excerpt from____.

A.a business history book
B.a textbook about advertisement
C.a business report website
D.an introduction of a novel

US Signs Global Tobacco Treaty【美国签订了全球烟草协议】
　　The United States has taken the first step toward approving a global tobacco treaty that promises to help control the deadly effects of tobacco use throughout the world. Health and Human Services Secretary Tommy Thompson signed the Framework Convention on Tobacco Control (FCTC) this week at the United Nations. ____(46)
　　The FCTC was developed by the World Health Organization and approved by members of the World Health Assembly，including the United States，last year. ______(47)
　　For instance, cigarettes sold in those countries would have to have health warnings on at least 30% of the front and back of every pack. _____(48) It also requires bans on tobacco advertising, though there are some exceptions for countries like the United States, where the Constitution prohibits such an outright ban.
　　______(49)The World Health Organization estimates that tobacco use kills nearly 5 million people worldwide every year. In the US alone, about 440,000 people die each year from tobacco-related illnesses; about one-third of all cancers in the US are caused by tobacco use. If current trends continue, WHO estimates, by 2025 tobacco will kill 10 million people each year.
　　The treaty must be ratified by at least 40 countries before it can take effect. ______(50)
文章(10~15)

　　A.Tobacco stocks also perked up as investors discounted fears of litigation(诉讼) from the US
　　B. So far，109 countries have signed it, and 12 have ratified it.
　　C. The impact of the treaty could be huge.
　　D. Countries that ratify(批准) it would be required to enact strict tobacco control policies.
　　E.The treaty calls for higher tobacco taxes, restrictions on smoking in public places, and more promotion of tobacco prevention and cessation programs.
　　F. The Senate must still approve the treaty before the US can implement its provisions.

Investment Tips

By Scott Russell

Investing in stocks that are less than $5 per share is a good way to boost your stock portfolio. Many big investors ignore these stocks because of the potential risks involved, however, these stocks often grow significantly over the course of time. Investing in inexpensive stocks is a wise move, provided that you hold on to them for at least one year to allow enough time for them to develop.

Four stocks that I suggest for less than $5 per share are High Standard Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and Peak Media Holdings. If you are new to the market, you might want to try investing in them through an online brokerage firm that does not charge a high commission for their services, and remember: only invest up to five percent of your entire stock portfolio in any stock, including these.
------------------------------------------------------------------------------------------------------------------------------
Quick Stock Quotes -- Thursday April 22 -- 2:40 P.M.
(Quotes delayed by 20 minutes)
Nova Oil, Inc. (NOI)
3.93 +0.08 +2.08%

Previous Close 3.85
Open 3.87
High 3.94
Low 3.79
Volume 864,300
Bid 3.91
Bid Size 600
Ask 3.97
Ask Size 3,300
52 Week range 1.64-8.90
What type of stocks is the article about?

A. Oil company stocks

B. Inexpensive stocks

C. Pharmaceutical stocks

D. Stocks from new companies

Questions 9~11 refer to the following information.
The daily changes of the market can lead investors astray. The ups and downs make the tendency to look at the portfolio’s performance frequently too tempting. This means investors are likely to perceive more risk, forgetting about their long term goals.
When investors log into their trading accounts they can see the potential gain or loss of all of their assets. They can also see the day change on assets which are coded gain and loss. However, it's believed that those who look less get more.
For instance, if you look at FTSE index from today to tomorrow there is a roughly 50% chance that it has gone up or down. If you look at it over a year you may find that 60%-65% of the time it is going up. And if you look over a five-year period you will find that 90% of the time it goes up.

What’s the author’s suggestion to investors?

A. Keep themselves from checking their trading accounts.
B. Pay attention to long-term interests rather than short-term ones.
C. Avoid risks in terms of their investment plans.
D. Stick to one portfolio for at least five years.

Questions 9~11 refer to the following information.
The daily changes of the market can lead investors astray. The ups and downs make the tendency to look at the portfolio’s performance frequently too tempting. This means investors are likely to perceive more risk, forgetting about their long term goals.
When investors log into their trading accounts they can see the potential gain or loss of all of their assets. They can also see the day change on assets which are coded gain and loss. However, it's believed that those who look less get more.
For instance, if you look at FTSE index from today to tomorrow there is a roughly 50% chance that it has gone up or down. If you look at it over a year you may find that 60%-65% of the time it is going up. And if you look over a five-year period you will find that 90% of the time it goes up.

What is the example trying to illustrate?

A. Most investors log into their trading accounts every day.
B. The potential gain and loss of assets can be predicted.
C. The investors who seldom check daily changes may get more returns.
D. The potential growth rate of the portfolio is likely to be fixed.

资料：The daily changes of the market can lead investors astray.The ups and downs make the tendency to look at the portfolio,s performance frequently too temping.This means investers are likely to perceive mere risk,forgetting about their key term goals.
When investors log into their trading accounts they can see the potential gain or loss of all of their assets.They can also see the day change on assets which are coded gain and loss.However,It,s believed that those who look less get more.
For instance.if you look at FLSE index from today to tomorrow there is a roughly 50% chance that it has gone up or down.If you look at it over a year you may find that 60%~65% of the time it is going up.And if you look over a five-year period.you will find that 90% of the time it goes up.

According to the passage，investors tend to

A.be concerned about immediate gains and loss
B.be attracted by risk rather than long term goals
C.be misled by the daily changes of the market
D.be worried about the ups and downs of the market

资料：Native ads - or ads that take on the look and feel of the content surrounding them - are taking over digital advertising.
By 2021, native display ad revenue in the US, which includes native in-feed ads on publisher properties and social platforms, will make up 74% of total US display ad revenue, up from a 56% share in 2016, according to new BI Intelligence estimates based off historical data from the Interactive Advertising Bureau （IAB） and PwC, as well as IHS.
The rapid uptick in native's share of display ad revenue can largely be attributed to the dominance of social platforms like Facebook and Twitter — which were early champions of native and rely almost entirely on native formats — as well as the introduction of new programmatic technologies that are making it easier for publishers and advertisers to scale native campaigns.
In a new report from BI Intelligence, we breaks out native ads into three categories: social native, native-style display, and sponsored content （also referred to as premium native）. We provide（一审未录入） forecasts for how revenues from these formats will grow over the next five years and looks at what factors, in particular, are driving up spending on each of these ad units. As a note, because revenues from these three types of native content can overlap, we do not provide an overall native forecast. Finally, we lay out some of the challenges that face properties that rely on native ads, namely ad frequency and Scalability issues.
Here are some key takeaways from the report:
Native-display ads, including social native and native ads in-feed on publisher websites, will make up the bulk of native ad revenue from 2016-2021. Native display ad revenue in the US will rise at a five-year compound annual growth rate （CAGR） of 17% during this time period to eclipse $36 billion. The rise of native video ads, particularly on social platforms, will be one of the main drivers of this growth.

According to the passage, which of the following will NOT be included in the new report from BI Intelligence?

A.An overall native forecast.
B.Ad frequency and scalability issues.
C.The forecasts for how revenues from these formats will grow over the next five years.
D.The illustrations of what factors are driving up spending on each of these ad units.

资料：Native ads - or ads that take on the look and feel of the content surrounding them - are taking over digital advertising.
By 2021, native display ad revenue in the US, which includes native in-feed ads on publisher properties and social platforms, will make up 74% of total US display ad revenue, up from a 56% share in 2016, according to new BI Intelligence estimates based off historical data from the Interactive Advertising Bureau （IAB） and PwC, as well as IHS.
The rapid uptick in native's share of display ad revenue can largely be attributed to the dominance of social platforms like Facebook and Twitter — which were early champions of native and rely almost entirely on native formats — as well as the introduction of new programmatic technologies that are making it easier for publishers and advertisers to scale native campaigns.
In a new report from BI Intelligence, we breaks out native ads into three categories: social native, native-style display, and sponsored content （also referred to as premium native）. We provide（一审未录入） forecasts for how revenues from these formats will grow over the next five years and looks at what factors, in particular, are driving up spending on each of these ad units. As a note, because revenues from these three types of native content can overlap, we do not provide an overall native forecast. Finally, we lay out some of the challenges that face properties that rely on native ads, namely ad frequency and Scalability issues.
Here are some key takeaways from the report:
Native-display ads, including social native and native ads in-feed on publisher websites, will make up the bulk of native ad revenue from 2016-2021. Native display ad revenue in the US will rise at a five-year compound annual growth rate （CAGR） of 17% during this time period to eclipse $36 billion. The rise of native video ads, particularly on social platforms, will be one of the main drivers of this growth.

The native display ad revenue in the US is predicted to account for____of total US display ad revenue by 2021?

A.17%
B.56%
C.74%
D.18%

US Signs Global Tobacco Treaty【美国签订了全球烟草协议】
　　The United States has taken the first step toward approving a global tobacco treaty that promises to help control the deadly effects of tobacco use throughout the world. Health and Human Services Secretary Tommy Thompson signed the Framework Convention on Tobacco Control (FCTC) this week at the United Nations. ____(46)
　　The FCTC was developed by the World Health Organization and approved by members of the World Health Assembly，including the United States，last year. ______(47)
　　For instance, cigarettes sold in those countries would have to have health warnings on at least 30% of the front and back of every pack. _____(48) It also requires bans on tobacco advertising, though there are some exceptions for countries like the United States, where the Constitution prohibits such an outright ban.
　　______(49)The World Health Organization estimates that tobacco use kills nearly 5 million people worldwide every year. In the US alone, about 440,000 people die each year from tobacco-related illnesses; about one-third of all cancers in the US are caused by tobacco use. If current trends continue, WHO estimates, by 2025 tobacco will kill 10 million people each year.
　　The treaty must be ratified by at least 40 countries before it can take effect. ______(50)
文章(41~45)

A.Tobacco stocks also perked up as investors discounted fears of litigation(诉讼) from the US
B. So far，109 countries have signed it, and 12 have ratified it.
C. The impact of the treaty could be huge.
D. Countries that ratify(批准) it would be required to enact strict tobacco control policies.
E.The treaty calls for higher tobacco taxes, restrictions on smoking in public places, and more promotion of tobacco prevention and cessation programs.
F. The Senate must still approve the treaty before the US can implement its provisions.