legendary trader

Chapter 411 Chapter 412
Soon, the three major indices of the rice stock market released today’s opening points one after another. As the market weakened slightly at the end of last week, today’s opening performance is also mixed.

The Dow opened slightly lower, while the Nasdaq and S&P index opened higher.

The Nasdaq opened at 2 points today, gapping open 442.59 points higher. However, for Chen Fan, he had put aside the index and looked at individual stocks, so he didn't pay too much attention to market changes.

Of course, there are tens of millions of companies listed on the Mi stock market, but he still only pays attention to the changes in Qualcomm's stock price.

Similar to their total before the market, Qualcomm opened sharply higher today. The stock price directly opened at 7.27 yuan, an increase of 0.3 yuan, and the opening rate was very high.

However, although the stock price has risen sharply, the collective transaction has remained at a low level, which is not far from the previous opening situation. Obviously, the financial reports on the weekend have attracted the attention of a large amount of off-market funds, and funds have been purchased during the collective bidding stage.

"It's a little too high." Zheng Xiaopang murmured on the side.

"Look, it should fall off after a while." Chen Fan thought so too, but he figured it out soon.

This is actually good. Take this opportunity to see if there are other powerful funds involved. As long as the stock price of Qualcomm falls after the stock market opens, it means that no new institutions will enter the market. If the stock price rises, it will be hard to say. , maybe a new pack of wolves will enter the arena, and the board will become more complicated by then.

"Stand still, let's check the situation first." Chen Fan said to He Li and the others.

He Li and another trader nodded when they heard the words, so they also watched the market with ease, waiting for the market to open for trading.

Not long after, the rice stock market opened for trading. After the opening of the market, Qualcomm’s stock price experienced a short-term surge. The stock price touched 7.31 yuan, and then began to fall rapidly, and soon fell below the opening price.

However, the decline in the stock price did not attract more buying orders. According to the market, there were not many follow-up buying orders. From time to time, large buying orders entered the market and shipped, and the stock price continued to fluctuate and fall.

Qualcomm's stock price is not isolated. At this time, the Nasdaq also began to fluctuate and fall, seeking a support point below because the market did not follow up in time after opening higher.

"The market sentiment is not good. Every time it opens higher, it has to pull back to make up for the gap." Zheng Xiaopang smiled and shook his head, looking like he hated iron for nothing.

"The market has not risen sharply. If it rises sharply, it will open higher and move higher, or it may appear when there is good news." He Li said with a smile. Insert a few words from time to time.

"Then you said that this year's market has come so far, is there any chance in the future?" Chen Fan asked suddenly.

"This year, this year, it should be said that the trend of rice stocks is very weak. It has only risen by more than 2 points since the beginning of the year, which is far worse than previous years." He Li shook his head and said,
"Originally, the trend at the end of last year was still very good. When the market came out of the upward channel, many of us thought that there would be a big market that would cross the year. As a result, the market fell into a high sideways market in the final stage. The rise at the beginning of the year also seemed very hesitant. One step Turning around three times, I wash so much that I don’t want to do it anymore.”

Seeing that He Li stopped here, Chen Fan glanced at him, "Continue."

"The follow-up market, to be honest, I think it's a bit hanging. At the beginning of the year, there were still many people who were bullish on rice stocks, and some participated in it. However, because of the interest rate hike, many people hesitated, that is, the market held shares. Insufficient confidence, everyone wants to run high. In such an environment, the foundation to start the market is actually not there. Personally, I am not optimistic about the market this year. "

He Li said after thinking about it.

"Do you think the market will not go much higher in the future, and the chances are low?" Chen Fan continued to ask.

"I personally see it this way. In fact, some time ago, we people also reviewed this matter together. Now the market has insufficient confidence in holding shares. Although the United States has announced an interest rate hike, it seems that the interest rate hike has come out. But in fact Now the popularity in the market has never been gathered, it is very scattered, and there is no leading sector in sight.

You know, if there is no collective upswing in the stock sector to stimulate popularity and attract funds, it will be difficult for the market to get out of the market by its own strength. small, almost negligible. "

He Li continued, but judging from his tone, he was obviously not optimistic about this year's market, but then he continued: "Although the stock market is not good, the stock we are catching now is still good. I think Qualcomm is a good stock. The future potential is great, and the current share price may be a bit undervalued."

"Is it because of the popularity of mobile phones?" Chen Fan asked again.

"Yes, I have been working on Qualcomm recently, and I have read a lot of information. The new generation of communication standards, and the core technology of the Omi standard, can be said to be both internal and external. It is difficult to make money." He Li suddenly said with a smile.

"Stop flattering, Qualcomm is about to fall to 7 yuan." Zheng Xiaopang said suddenly, "It seems that there is no new money in the market to rush to raise funds. When will we make a move?"

"Small orders, don't rush to buy, it's better to let the stock price fall again, and then we will decide whether to pull it up according to the situation." Chen Fan replied.

"That's fine, let's buy some with a small order." He Li and another trader started to buy Qualcomm's stock with a small order as soon as he agreed. However, although Qualcomm's stock price is falling at the moment, the market turnover is actually not large. Not many stocks were sold, and He Li and the others could only place buy orders for one or two thousand shares of the stocks at the selling price, so as to avoid affecting Qualcomm's current downward trend.

"The other funds don't seem to be buying." At this time, Zheng Xiaopang suddenly came over and whispered.

"I guess they also want to wait for the stock price to fall a bit. We didn't continue to buy stocks at the end of Friday's trading. They seem to keep the same operation as us. They don't want to be taken advantage of by buying stocks at high prices." Chen Fan nodded and replied. .

"Does this mean that they are not very optimistic about Qualcomm stock?" Zheng Xiaopang asked again.

"I don't know, I should be optimistic, otherwise I wouldn't compete with us for funds. It is probably because there are few floating chips in the market, and I feel that raising the stock price will not attract much chips, so I will keep a low profile." Chen Fan said to himself in a low voice. He really felt that the other party should be optimistic about Qualcomm, otherwise they were still rushing to raise funds when Qualcomm's stock price soared to 7.5 yuan last Friday.

Soon Qualcomm's stock price fell below 6.9 yuan, which not only closed the gap that appeared at the opening of the market today, but because the market was weak in buying, the stock price had already begun to cut into the Dayang line last Friday.

However, after the stock price fell to 6.82 yuan, the selling order began to decrease, and the short-term short-term energy in the intraday market also began to weaken, and the stock price did not move any further.

After the Nasdaq market experienced a correction at the opening, it finally stabilized its position when the Nasdaq fell to around 2420 points. The index rebounded slightly, but it continued to fall soon, but after falling to the previous low, The strength of the market's support appeared again, and the Nasdaq began to bottom out at a low level.

The entire rice stock market seems to be in a low mood at this time, and there is no bright spot in the market. Most of the popular stocks in the market that have risen in the past few days have not been able to get out of the continuous market, and they all choose to adjust on Monday, and the market maintains scattered hot spots.

Qualcomm’s stock price was also affected by the broader market. It failed to build a bottom near 6.82 yuan. After the stock price rebounded to 6.9 yuan and failed, some profit-making companies left the market again. The stock price also fell below 6.8 yuan. Stabilize the stock price, but at this time, Chen Fan found that the buying orders in the market seemed to show signs of increasing.

This is only a few cents away from the previous low point, but the increase in market buying orders is becoming more and more obvious.

"Mr. Chen, there are buying orders entering the market around 6 yuan, which may be the fund that has started to absorb." He Li also said at this time.

"Maybe, let's continue to accumulate funds, and we can move a little bigger, but try not to let the stock price rise, and the market is still down." Chen Fan looked at Qualcomm's stock price. Although the bottom buying orders have gradually piled up, it is obvious that the other party There is no plan to push up the stock price, so everyone should agree to continue to eat at low prices.

"It's a bit weird today. The Nasdaq has been trading sideways above Friday's closing point, and it has not recovered after filling the gap." Zheng Xiaopang said at this time.

"Maybe there will be a big move in the future, let's wait and see, whether it's diving or violent lifting." Chen Fan responded in a low voice.

However, the subsequent market did not fluctuate violently as Chen Fan said, and the flat trend lasted until around 1:[-] in the morning. At this time, it has entered the second half of the rice stock trading, and some slight changes have begun to appear in the market , the trading volume began to appear pulse-like amplification, showing that the market began to have new funds entering the market to buy.

However, because the movement was very small, it had little impact on the index. When Zheng Xiaopang noticed that the trading volume of the June contract had increased significantly, the futures index had a round of rapid rise, rushing to 6 points in one fell swoop, and then consolidated at a high level .

Hearing Zheng Xiaopang's prompt, Chen Fan suddenly felt a little bit, and guessed whether the main force of the market was trying to build a position in the futures market again.

Thinking of this, Chen Fan suddenly realized something. Maybe if the main force in the futures index market can build positions smoothly, there may be a wave of market in the second quarter. It's the cowhide trend again, killing the floating chips in the market.

"Remember to talk to the futures team when you come down, let them pay close attention to the changes in the total market positions, and remind us when they find a significant increase." Chen Fan suddenly said to Zheng Xiaopang.

"Okay." Although Zheng Xiaopang didn't know what Chen Fan meant by this, he still nodded in agreement.

The Nasdaq continues to increase slightly. Although the buying seems to deliberately control the impact on the market, the index still inevitably rises slowly under the continuous buying. After the index rose, the funds did not converge, but things continued to accelerate. The buying volume and the rising speed of the index also gradually began to accelerate under the impetus of this fund, and soon left the bottom area and began to continuously expand the space upwards.

Seeing that the market started to rise, and Qualcomm's stock price has been trading sideways for a long time at 6.8 yuan, there are not many bargaining chips coming out. Chen Fan thinks that the floating chips here should be cleaned up, and the next step is to push up the stock price and continue to launder the chips.

"Let's bring the stock price back to around 7 yuan, take it easy." Chen Fan said to He Li.

"Okay, there shouldn't be any sell orders here." He Li agreed and started buying Qualcomm's stock with small orders, pushing up the stock price.

However, the stock price that rose steadily soon became a little out of control, because at this time, the Nasdaq index accelerated its rise driven by the funds, and the upward momentum was very fierce. The entire upward trend continued to accelerate from slow to rapid. Not a single adjustment occurred.

It has risen to today's opening point in less than half an hour. After breaking through the intraday high of 2445 points, the upward trend has not slowed down, and the market has seen a trend of heavy volume rushing higher.

Affected by the broader market, Qualcomm's stock price began to get out of control after being slowly pushed up to 6.87 yuan by He Li and others. Buy orders in the market continued to appear. Perhaps the bullish sentiment that would be temporarily suppressed by the market correction at the opening market quickly recovered. In the past, Qualcomm's stock price quickly broke through 6.9 yuan, and then continued to rush towards the price of 7 million yuan.

"The market is booming," Zheng Xiaopang said.

"Buy with the trend, but don't be too aggressive. I don't want the stock price to soar today. It's only a day if it can be stable for a day. It's good to change hands here, which will increase the cost of holding funds in the market." Chen Fan said to He Li.

"Now it's the off-market funds that are rushing in to raise funds, and maybe those funds are also involved." He Li said.

"Whatever it is, the floating chips in the market have almost come out a few days ago, and the remaining chips are in the hands of speculators, can they still grab those funds?" Chen Fan said with a smile, without putting the funds in the slightest. in the eyes.

In fact, no one knows at this moment, and Chen Fan is also worrying about how to operate the price of Qualcomm stock in the future.

In the past, Chen Fan used supernatural powers to judge the rise and fall, and then bought in batches, hoping to sit quietly.

But now, it's a different story with Qualcomm stock.

He doesn't know how his intervention will affect the trend of this stock. At least until now, he has not yet determined how much his intervention will affect the trend of this stock.

He can only look at his notebook when he has nothing to do, look at the records and guess the general trend, and hope that Qualcomm's stock price will still follow the normal track.

After all, it is already a running trend, and the possibility of pitfalls is relatively small.

According to the records, Qualcomm's stock price should rise a few points in the next two or three days, so Chen Fan didn't plan to sharply increase it now, but chose to grind it out here. Last week's sharp increase has already made Qualcomm's technical indicators The overbought situation is serious. Taking a break and letting the market change hands here should not be a bad thing. By the way, those who start to pay attention to Qualcomm after reading reports on weekends will gradually forget about this stock.

(End of this chapter)