legendary trader

Chapter 402 Chapter 403

Because most of Chen Fan's energy was concentrated on operations, Zheng Xiaopang was responsible for coordinating fund scheduling and account allocation, including information collection.

"Is the market about to reverse?" At this moment, Zheng Xiaopang looked at the rising Nasdaq and suddenly asked again.

At this time, as the Nasdaq continues to rise, the market's previously indifferent attitude has changed drastically, because the Nasdaq is rushing to the 2330 point position this time, and the short-selling funds in the day have obvious suppression actions, and the selling is very fierce. Leaving a long time-sharing volume column has no effect.

"This trend can basically be determined to be that the main force is turning upside down. It's hard to say where the delivery point of this cycle index is." Although Chen Fan still pretended to be concerned about Qualcomm, the market has risen, which is a good thing. So a good mood.

"The March contract is skyrocketing, can I increase my position?" Zheng Xiaopang didn't pay too much attention to the index trend, but focused on the futures market.

"Let's not touch the ones in March. My instruction to them is to fully open positions in the June contracts." Chen Fan relaxed and said cheerfully.

"Did you say when you can reply?" Although the market trend put Chen Fan in a good mood, he still asked about the situation of Second Brother Wang, and now this news is the most important thing.

Chen Fan didn't fully understand until now what happened to the doubling of Qualcomm's stock price. Not only is it a good thing to get the admission qualification of the International Telecommunication Union, but it is very likely to get the network construction license of a certain country's market, and Huaguo is one of them. maximum possible.

Otherwise, based on the admission qualification of the International Telecommunication Union alone, Chen Fan would not believe that Qualcomm's stock price could double anyway. After all, the recognition of technology and market share are two very different things. In terms of positive nature Very different.

But after waiting for a long time, there was no phone call, and Qualcomm's stock price had already reached 5.3 yuan.

However, as the stock price rose, the follow-up buying orders gradually became smaller.

Regarding this, Chen Fan knew it very well.

His analysis of Qualcomm is based on knowing the general increase in the next month, so after getting some news and finding that the news is not enough to support the increase in the stock price, he will inevitably look to other areas to find answers.

As for these new institutions, they can only get some information that can be obtained, such as what happened at the International Telecommunication Union conference, so they think this is a good news, but the good news has limited impact, so they will not chase after it on a large scale .

As long as there is a certain increase, they will stop chasing higher, because they believe that there is limited room for further increase in the future.

Yes, in Chen Fan's eyes, the brightness of Qualcomm's stock has already fully supported the doubling of the stock price, so after getting the good news from the US side, he did not stop there, but continued to dig deep behind the invisible information.

However, at this time, there are actually not many stocks listed on the selling price of Qualcomm stock. Most of them only have thousands of shares of sell orders on them, and only a few prices have tens of thousands of shares of sell orders piled up.

Obviously, at this time, rumors of Qualcomm's potential good news should have spread in the United States. As for the scope of the spread, Chen Fan is not sure, but it must have spread, so there are very few selling orders on it. Some uninformed investors felt that the stock price was a bit high, so they chose to place sell orders.

In the stock market, there are actually many things that lead to such wrong buying and selling due to asymmetric news, and it will never be inevitable.

For investment institutions, they will always obtain information ahead of most market participants, because they have huge resources and connections behind them that play a role, which is incomparable.

It's already late at night, and now Chen Fan is a little suspicious of Second Brother Wang's guarantee. Those people are asleep, and if their mobile phones are turned off, they don't know how to contact those insiders. The key is to find out the news.

"Try to stabilize the stock price, don't let it rise too much, and try to get the bargaining chips in your hands." Chen Fan can only tell He Li in this way. Presumably, for an old trader like him, he should know how fast it is. grasp.

The core trading team of Shencheng Jinxin Building, the man with glasses began to rebound in the Nasdaq, and communicated with Team Leader Yang after breaking through 2320 points, and obtained a limited right to continue to increase positions in Qualcomm stocks. Buy Qualcomm stock.

After continuous observation, the man with glasses has been convinced that there are at least two large stocks of funds in the Qualcomm stock. Tian's actions are very strange, it seems that there are many flips.

Although it is not easy to confirm whether the funds in this stock have really flipped, it can be seen from the characteristics of yesterday's transaction and the fact that no one took action to suppress it after the market opened today.

The man with glasses actually couldn't figure out why the funds didn't put more effort to suppress Qualcomm's stock price in yesterday's market. In his opinion, the short sellers in the entire rice stock market yesterday had an absolute advantage, and the bulls in the market had no resistance at all. Chance.

If in the second half of the transaction, short-selling funds increase their efforts to short-sell Qualcomm stock, Qualcomm's stock price will definitely be smashed and collapsed, unless the bulls are very strong.

But judging from what he saw in the confrontation between the long and the short on Qualcomm stock, he did not find how powerful the bulls are, but the shorts frequently showed their muscles and showed great energy.

That's why the man with glasses is very confused about the trend of Qualcomm in the past two days. It is really confusing and confusing.

After the Mi stock market opened today, the man with glasses focused on searching for information about Qualcomm stock, but according to the analysis data given by the research department, he did not find any information, which made him even more puzzled. What is behind the strange changes in Qualcomm stock price What secret is hidden.

The time is passing by every minute and every second, and it will soon be close to the closing time.

There are still small orders on Qualcomm stock, but large orders are very rare, just because today's intraday selling orders have been greatly reduced compared to the previous trading days, so Qualcomm's stock price is still very stable at high levels Shock, it has hit the 5.4 yuan level many times in a row.

After this period of observation, the man with glasses has noticed that when the stock price of Qualcomm hits 5.4 yuan, the follow-up buying orders will quickly decrease, and as the selling orders continue to sell, the stock price will soon be knocked down , This has happened several times, but I just can't stand firm.

Now he is convinced that the funds in the market did it deliberately, and the purpose should be to absorb more chips and deliberately create a pressure position.

As for their goal of accumulating funds, of course it is the part of the chips locked up above 5.4 yuan a few days ago, and now it is just to attract them.

However, this trick may be very useful in normal times, but it may not be so on today's board.

Now that the Nasdaq has rebounded to stand at 2350 points, it seems that this upward trend will continue until the close. Obviously, the bulls in the market today have new funds to join in, and the shorts have failed to have any effect after several consecutive sniper attacks, and even the index futures have risen sharply It has further stimulated the enthusiasm for long-term funds in the market.

Qualcomm's stock price trend is very stable today, but the trading volume in the market is decreasing. The trading volume at the opening will be the same as the previous trading day, but as the stock price rises, the trading volume has shrunk instead. Take a look at today's trading volume , only a little more than half of yesterday, and if this continues, it will be equivalent to two-thirds of yesterday's volume. What is the market's reluctance to sell?
The man with glasses keeps buying orders to increase his holdings of Qualcomm's stock, and at the same time, he thinks wildly through the trend of Qualcomm and the index, hoping to find the answer in a flash of inspiration in this way.

Chen Fan glanced at Zheng Xiaopang who was sitting next to him. The fat man would keep looking at the phone in his hand, but it never rang.

"Don't worry, I guess I can't find anyone or get news. I don't believe that they are so powerful that they won't be able to find a relationship to inquire about." Chen Fan smiled and patted Zheng Xiaopang on the shoulder and said.

"I know, but it's been a long time, it's been almost two hours." Zheng Xiaopang then turned to the phone in his hand in dismay. But there are 5+ shares of stock.”

"Hey hey hey" Chen Fan smiled, "don't move now, when the market closes, buy 30 shares for 5 yuan 4 cents."

"Yeah, good idea." Zheng Xiaopang nodded quickly and said.

"He Li, today's closing price is at that price. Pay attention to calculate whether it is enough, and if it is not enough, you will pay more." Chen Fan happily told He Li.

"Okay." He Li simply agreed and didn't say anything more, and continued to place a few buy orders from time to time to buy into the listed Qualcomm stocks.

The Nasdaq market did not show a violent upward trend in the last half hour, and still maintained the slow upward trend.

The intraday short sellers did not continue to make efforts, and have focused on hitting large-cap stocks and hot stocks that have a great impact on the index and market sentiment several times, but the results are not ideal, which makes intraday short sellers appear in the second half of the stock market trading differentiation.

Some prudent institutions have begun to close their positions and prepare to leave the market, and do not plan to continue shorting the market. They have keenly discovered that today's market buying is a bit unusually strong, which reminds them of the abnormalities in the previous two months .

Whenever the market seems to be about to play out, there will always be strong buyers entering the market, which seems to be able to easily protect the market from rising. At that time, institutions that attempted to short in the market at that time, driven by this stock of funds, could only choose to panic Defeated, unable to fight back.

There are such institutions in the market to protect the market, and it is obviously not advisable to desperately short.

Until the rice stock market closed, Chen Fan did not wait for a call to inform him of the news he had inquired.

In the end, the Nasdaq closed at 2 points, up 365.28 points, or 43%.

As for Qualcomm stock, in the last minute, according to Chen Fan's instructions, He Li placed a big buy order at the end, directly raising the transaction price of Qualcomm from 1 yuan to 5.41 yuan, not only eating up all the sell orders of 5.46 yuan in one bite There are still 5.46 shares of buy orders hanging on it.

So far, Qualcomm’s stock price closed at 5.46 yuan today, an increase of 0.33 yuan, or 6.43%, but the fly in the ointment is the trading volume, which is less than [-]% of the previous trading day.

The shape of the K-line has not been able to swallow the big Yinxian formed in the previous trading day. Although most of it has been eaten, there are still a few pennies left. The negative graph shows the situation of Qualcomm's intraday battle between long and short, but it does not give a clear direction for the market outlook.

However, if you consider it comprehensively, the technical school will still find the tricks hidden in the trading volume. After all, the trading volume in the first two days showed the characteristics of enlargement, but it decreased significantly on the third day. It has the upper hand, because the third real body is a positive candle, showing signs of exhaustion by the bears.

Chen Fan and the others are well aware that the short sellers must know the news from the US side, so today's trading volume has shrunk, and they did not continue to sell short. In fact, it was already reflected in Tuesday's session, and the short sellers did not activate in the second half Any strong offensive, today, there is no short-selling funds all day, and there are some scattered selling orders entering the market.

"The market is closed, go back and rest." Chen Fan called Zheng Xiaopang, there was nothing left to see, and the futures market transactions were not within the scope of his concern for the time being.

"Don't wait for the news?" Zheng Xiaopang said hesitantly.

"What are you waiting for? The market is closed now. Even if you know the news, you can only talk about it at night." Chen Fan smiled and got up and walked out.

"I'll leave it to you to close the market here, let's take a step first." Zheng Xiaopang said to He Li next to him, got up and walked out after speaking.

The two walked back one after the other, without speaking on the way.

Soon they came to the lounge, they all went back to their rooms, but Zheng Xiaopang still said when closing the door: "I'll come and tell you if I have any news."

Chen Fan's action to close the door was stagnant, "Do you think it's necessary? The market is closed, and now that we know the news, we can only take action on the next trading day, and the actions we are actually taking now are based on the affirmative news, otherwise We will not continue to increase our positions and push up the stock price."

Zheng Xiaopang scratched his head, walked out of the door and stood in the passageway and continued: "But if the news is confirmed, should we recruit one or two more traders to come over and focus on Qualcomm stocks? If our country really intends to promote the C network Construction, the increase in Qualcomm's stock price is very astonishing."

"Have you told them about our massive increase in Qualcomm?" Chen Fan frowned and asked.

"That's right, it's a secret to the outside world, how can it be kept secret in the circle, don't you think so?" Zheng Xiaopang replied.

"If you say so, then maybe they really came to ask someone for news." Chen Fan raised his mouth and smiled, "I think, the relationship between them is probably caught out of the bed right now. Understand the situation."

(End of this chapter)