legendary trader

Chapter 626 627 Rumors
On Friday, the Nasdaq Composite rebounded continuously after a rapid decline. After several waves of pull-ups, it successfully turned the daily line into a positive line, but the subsequent market disappointed the market.

When the Nasdaq regained its position at 2880, the sharp upward trend disappeared suddenly, and the market started a continuous sideways oscillating trend, which continued until the end of the day.

The late rise that Chen Fan had hoped for did not materialize, and the market finished its finishing work in a very flat manner.

In the end, the Nasdaq closed at 2887.06 points, up 35 points, or 123%. It reached as high as 2897 points in the session, but it still failed to reach 2900 points. It was at this time that Chen Fan noticed that the brightness of the Nasdaq had almost faded. there is none left.

Chen Fan knew that this should be the high point in the last month, and the index is unlikely to have room, that is, the market should fall into an adjustment market in the next month.

However, according to the practice of the market in previous years, there is still a chance to continue to rise in the few months before the end of the year.

The Dow and the S&P also gained respite from the continuous rise of the Nasdaq, and finally launched a sharp rebound in the second half of the day's trading. Although they failed to eat up yesterday's negative line, they also recovered most of the lost ground.

Qualcomm rebounded from above 21 yuan to 20.5 yuan and then began to rise. After that, it was always below the closing price of the previous trading day and fluctuated until the close. It finally closed at 20.71 yuan, a slight drop of 0.06 yuan, and the turnover was 2403 million yuan Yuan.

As if taking hormones, Oracle Software rose and fell one wave after another, and finally closed at 11.59 yuan, an increase of 0.57 yuan, or 5.17%, with a turnover of 6439 million yuan, a slight increase from the previous trading day.

After spending the weekend at home, Chen Fan returned to the resort on Monday.

At 8 o'clock in the evening, Chen Fan didn't have any doubts after reading He Li's trading plan for this week. At this time, there was only about half an hour left before the opening of the rice stocks.

"Qualcomm's stock price cannot exceed 20 yuan today, and the closing price should be as close to 19 yuan as possible. In the next four trading days, it will be implemented according to your plan on Tuesday."

Chen Fan put down the trading plan and said to He Li.

"what?"

He Li was very surprised. The trading plan Chen Fan sent him was to continue to push up Qualcomm's stock price this week, and to re-adjust the focus of market transactions. Now that the first stage of washing has been completed, it is time to attract investors to enter the market. Therefore, the stock price needs to be realized a little bit stronger, which is also to increase the purchase cost of these new funds.

However, He Li never expected that Chen Fan's increase on Monday would be corrected directly, and he also asked the stock price not to exceed 20 yuan. What does this mean?
This means that Qualcomm’s stock price fell by at least 7 points today, and the plan on Tuesday has not changed. Then Qualcomm’s stock price will break through 21 yuan on Tuesday.

"Today, the market will panic again. This is the last drop before the stock price is pulled up. The signs on the disk that I am going to break through and fall will scare those who still persist."

Chen Fan just said lightly, "As long as they survive in the end, then of course the rest of the day will be fine. The so-called bitterness comes first."

Nonsense, complete nonsense.

He Li just thought so in his heart, but he still didn't continue to say anything.

I have been in contact for so long, how should I put it, in fact, a reminder is enough in many cases, and my own meaning has been expressed clearly, but Chen Fan still has not changed, which shows that he has planned for a long time for today's fried dishes.

What Chen Fan said just now is also very clear. If the market is to make a trend of breaking down, it is almost certain to close the big Yinxian, and being pressed below 20 yuan for the whole day can indeed make the funds in the market panic, because this All the funds that entered the market for two days were locked up.

He Li just nodded slightly, and then turned around to discuss with his colleagues what to do today, but everyone's expressions were not very happy.

In fact, Chen Fan was also suffering in his heart.

Originally, today's trend was planned to come out last Friday, but there was a mistake in the original plan. There were only four trading days last week. According to Chen Fan's original plan, after breaking down on Friday, Zhang Quan's side will To build momentum on overseas financial forums and create rumors that are not conducive to Qualcomm, Qualcomm first suppressed and then rose this Monday, packing away all the selling orders in the market.

However, when discussing this matter with Zhang Quan last weekend, Zhang Quan mentioned that the market was closed on Monday because of Labor Day, so he made a slight modification to the plan at that time.

The plan of posting negative rumors on the weekend has not changed, but the pre-market briefing has not yet been delivered, He Li and others do not know about the negative news, and even if they read these messages, they will probably dismiss them.

At this time, Zhang Quan walked into the trading room with a few documents, greeted everyone when he saw them, and handed them the pre-market briefings one by one.

Chen Fan didn't communicate with Zhang Quan, but just stared at him and cast a questioning look when he took the documents.

Zhang Quan nodded knowingly.

Of course, Chen Fan could understand the meaning of his expressions and actions, he felt relieved, and then opened today's pre-market briefing, intending to see what kind of negative rumors Zhang Quan had created.

To be honest, when arranging this matter last week, Zhang Quan did not say in detail what kind of rumors spread outwards, but only said to go back and study it. After all, if rumors are to be truly effective, they must be half-truths. Half leave.

To make people think it is fake at first, but after thinking about it, they will find that it makes sense and may be true. Only in this way can it have an impact. When the time comes to match the trend of Qualcomm's stock price today, it will be difficult to doubt it.

However, Chen Fan flipped through the briefing in his hand, and when he found the news about Qualcomm, he was taken aback by Zhang Quan's handwriting. It wasn't an exaggeration, but he was really shocked.

According to the news in the briefing, it is rumored that Qualcomm executives are considering completely withdrawing from the mobile phone market. Qualcomm in the United States has sold its mobile phone business unit before, and Qualcomm is currently in the process of acquiring the network equipment department with a local company in the United States and a company from Europe. Negotiating, intending to sell the division.

According to the rumors on the US online forums, at the internal analysis meeting of Qualcomm, several major consulting companies of Qualcomm maintained a pessimistic attitude towards the mobile phone market in the next few years or even ten years, and did not think that the mobile communication industry will have a big future. development potential, so Qualcomm executives have reached a consensus.

After selling the network equipment department, the next department that needs to be cleaned up is the current chip research and development and manufacturing department, and completely withdraw from the related product market in the mobile phone market.
(End of this chapter)