legendary trader

Chapter 743 744 New Stock Market
Chen Fan mentioned Qualcomm's target price of 80 yuan today, which did not surprise He Li and other traders. Today, for some reason, everyone felt as if their blood was boiling. Maybe it was because Chen Fan pointed out that Qualcomm's opening It was already ignited when the price was lower, or when the Nasdaq really stood at 4000 points.

"Hey, VA is really strong, and it has broken through 93 yuan."

At this time, Zheng Xiaopang's voice suddenly sounded again.

Chen Fan looked at his reputation. At this time, VA's stock price was rushing up like a drug. It was no longer soaring as before, but had entered the runaway process. Just now, the stock price gave several tens of thousands of shares to buy directly. It has risen from 91 yuan to 93 yuan, and at this dazzling time, the latest transaction price has reached 94 yuan.

"How much changed hands? I mean the number of shares issued."

This kind of trading volume and such an increase really surprised Chen Fan. Although he already knew that this stock was going to explode today, the purchase order of 10,000+ shares pulled up the stock price by 1 yuan. This trading volume is really amazing.
"Now the market turnover has exceeded 1 million shares, and the number of issued shares is 1100 million shares, basically completing a round of changing hands."

Zheng Xiaopang looked at the latest data and replied.

"It's basically controlled by hot money, but I don't know how much hot money has entered it. If the source is complicated, there should be shocks on it, but the stronger the shock, the better, because it means that the stock price has the potential to rise further."

Chen Fan said casually, this is what he thought of when he saw the astonishing rise in VA stock.

Normally, there will definitely be a lot of funds involved in the hype of new shares, but the sources of funds are diversified, so after the stock price soars, there will inevitably be funds that will exit the market at a profit, whether it is a long-term institution that insists on continuing to speculate, taking orders at high positions or multiple hot money rounds Speculation, their purchase cost must not be low, and if they want to make a lot of profits, they can only increase the stock price crazily, which is the astonishing increase he saw.

That can only show that after the VA stock price breaks through 100 yuan, it will definitely fluctuate violently. At that time, the institutions that insist on increasing their positions are the real pushers of this stock, and they will push the stock price to 200 yuan.

During this shocking process, Chen Fan believes that most of the shareholders will be washed out at this time. No matter what the consideration is, the cost of the market shareholders must be increased, otherwise the institution will be killed.

Chen Fan is not interested in participating in the trading of new shares. It really requires a big heart, and he was not prepared before. As far as the current trading volume is concerned, maybe only the wave of shocks is a good opportunity for big funds to retreat, but who knows this position where will be.

Now even if he asks Zheng Xiaopang to continue to increase his position and buy more, it is estimated that he can get 20 by 60. It really can only be soy sauce, and it is impossible to complete the work of building a warehouse.

"If you are interested, you can continue to purchase, but don't hold out too much hope. Looking at the market, it is very difficult to grab tens of thousands of shares now."

Although he didn't intend to engage in this stock by himself, Chen Fan did not object to letting Zheng Xiaopang play with his heart.

Instead of continuing to pay attention to the VA stock hitting the 100-meter mark, Chen Fan turned his attention back to Qualcomm.

After a little delay, at this time, Qualcomm had completed the adjustment near 75 yuan, and the stock price began to rise again.

At this time, Qualcomm’s stock price has really risen too much today, and it has gained more than 20%. Although the number of stocks listed at the above price is not many and very scattered, the selling price is relatively dense. It should be Some retail investors have chosen different selling prices according to their holding costs, and many feel that they have already made enough money on this stock.

However, before Chen Fan had time to feel emotional, as Qualcomm’s stock price continued to rise, it still showed signs of a strong rise after the stock price broke through 76 yuan. When the stock price rise was confirmed, follow-up buying became active again. Those scattered sell orders There was simply not enough of these funds to stick between the teeth, and they were quickly swept away by following suit.

Of course, He Li and the others will not allow these selling orders to be taken away by others, and they also started to scramble for funds at high prices, which caused the stock price, which had only been rising slowly, to accelerate significantly. It topped 1 yuan, and then broke through 77 yuan again in a short period of time.

Qualcomm's rise is like a rainbow, and it has attracted the attention of a lot of market funds at the moment. Although it can't compare with VA stocks that have fallen into a rampage today, among the listed companies, Qualcomm is undoubtedly the best performing one. If there are no new shares listed today, then with the current increase, Qualcomm really has the momentum to compete for the crown of the increase list.

"After the stock price breaks through 80 yuan, we must pay attention to pushing up the cost, and we can start selling a small amount of goods to the market."

Chen Fan saw that there is no shortage of buy orders in Qualcomm's market, but his idea is to push Qualcomm's stock price higher. After thinking for a while, Chen Fan feels that stability is the main thing. Let's not mention the target price he wants, 80 meters The price above [-] yuan is the high level of this wave of market prices set by him, and the goods should start to be released here.

However, today is not the time for massive shipments, only a small amount of goods can be released, and the enthusiasm of those bullish funds that are frantically entering the market cannot be disappointed.

Now that the market is going very well, Chen Fan has also withdrawn his gaze and started to pay attention to the performance of other stocks in the portfolio. Generally speaking, the stocks in the portfolio are performing well, but Chen Fan also gradually discovered that many of the stocks that he chose before The stocks of well-known technology stock companies have not performed very well in the past two days. It seems that the main body of the current market rise is actually small and medium-cap stocks, and the stocks of large listed companies that have grown up have not performed very well.

Miruan, a world-renowned software provider, is undoubtedly a company at the forefront of technology stocks. In recent days, its stock performance has not been good, and it can even be said to be a bit of a drag on the market.

When the stock price of Miruan rose from 46 yuan at the beginning of the month to the middle of the month, the stock price had reached about 58 yuan. However, the stock price has been fluctuating here in the past week. It did not follow the market to continue to attack, but entered a state of adjustment.

It seems that the stock has also lost its previous brightness, which is very, very strange.

In Chen Fan's mind, since the market is dominated by technology stocks, the stocks of these leading technology listed companies should have performed well, and these stocks have sufficient liquidity, and it is very convenient for funds to enter and exit, but from the disk, Looks like this stock market outlook has not much upside.

According to Chen Fan's meaning, it seems that we should consider leaving the market now, because the lack of brightness means that the stock price seems to have come to an end.

Chen Fan just made a mark, and then began to look at other stocks. The small and medium-sized stocks were still bright, showing good upside potential, but Chen Fan fell silent again when he saw the stock of International Machinery Corporation listed on the York City Stock Exchange. , a company that provides various types of computers and servers to the world, the brightness is still there, but it is significantly weaker than before.

Most of Chen Fan's portfolio comes from the Nasdaq market, and a small number of stocks are high-tech companies from other markets.

By this time, Chen Fan already had an idea in his mind. Most of the stock prices of those large technology listed companies had already reached a high level, and there was not much room for them to continue to rise in the market outlook.

And then I saw the index rise, I am afraid that the driving force for the rise is no longer such large-scale stocks, but the effect of more small and medium-sized listed company stocks in the market taking turns to rise.

Is the market entering the final stage?
Before, Chen Fan had been paying attention to the changes in the index. In fact, the Nasdaq’s upward momentum and future space are still very large. Chen Fan really didn’t think about the rising market. It seems that the crisis is approaching.

A large number of new stocks and sub-new stocks rose wildly, and companies that were listed earlier, and small and medium-sized listed companies that failed to develop became the main force in the final stage of the rise. Thinking about Chen Fan, he felt fear.

Yes, this time he felt scared.

Most of these companies that are about to or are rising have not been able to prove their company's development potential in the market, but their stock prices are favored by funds because of the big market. Without good performance support, is the rise in stock prices reasonable?
For a long time, Chen Fan thought that rice stocks would have a big market, because the stock prices of many outstanding listed companies would rise sharply, but he thought it would be a process of value discovery for some outstanding technology-related listed companies, but now Chen Fan Fan found that it was not as beautiful as he had imagined, and it seemed that what followed was a huge bubble.

Yes, money is starting to blow the bubble.

Chen Fan quickly sketched in his notes, and kept marking the areas that needed to be adjusted. The stock portfolio was about to undergo a major change.

At this time, he plans to act according to what he just thought. Since the main funds are going to be big, then I will play with you. I will also disperse the funds in the stocks of small and medium-sized listed companies, and run away after making a quick profit. Can you still run faster than me.

As soon as the new year is over, Chen Fan plans to start selling those blue-chip technology stocks that look very good in his hand. If there is not much room for upside, he is just playing a fart. Don't be affected by those bubbles at that time, and it will be too late for him to escape.

Of course, Chen Fan's actions caught Zheng Xiaopang's attention. Seeing that Chen Fan started to adjust his investment portfolio again, he didn't care at all. He was used to it. He would come here once or twice a month. What else? What a fuss.

At this time, the stock price of VA has risen to 137 yuan, and there are fewer selling orders in the market, and the stock price goes up easily. However, because the stock cannot be bought, the current stock price of VA has slowed down the speed of rising.

"Can't buy 12 shares?"

Zheng Xiaopang was a little frustrated when he saw the latest transaction report, and said this to Xiaoye, the trader who was in charge of stock trading under Zheng Xiaopang's arrangement.

"Sweep up, of course there are goods, but those prices are hundreds of shares, there is no way to quickly build a position, and the current stock price." Xiaoye said helplessly.

"Forget it, let's leave it at that. Having more than 11 shares is enough, I don't bother to grab them anymore, those people are cheaper."

Zheng Xiaopang has a lot of resentment towards the speculators who bought a lot of VA stocks at the opening of the market. They snatched away the chips first. Now that the stock price has risen, there are no sell orders on the market. They are the culprits.

Continue to buy stocks at a higher price, just take a small position yourself, and help those vampires push up the stock price, Zheng Xiaopang thinks he is not that stupid, who knows where you push the stock price, people are happy to sell the stock It's all for you, and if you don't make any money, you still help people stand on the last shift.

"Finally there is still good news, Oracle has stood firm at 27 yuan."

Zheng Xiaopang plans to ignore the VA stock for the time being. Looking at the current trend of Oracle, he feels much better.

Many stocks on the Nasdaq market began to rise in turn, but at this time the Nasdaq’s gains were small, and the index fluctuated around 4030 points.

This can be regarded as a very strange phenomenon. A large number of stocks in the market are rising. It is not that they have been trading sideways for a while, but that the stock prices are constantly rising and hitting intraday highs, but the index is stagnant at this time. .

But in fact, it doesn't have to be too strange, because as long as you open the drop list and turn a few pages, you can roughly understand what's going on.

Miruan, Cisco and other leaders in the market are all in the red market, which is very incredible, and most of the large stocks are concentrated on the decline list.

It took Chen Fan a long time to adjust the stocks this time, because out of the nearly [-] stocks in the portfolio, nearly half of the stocks were crossed out. These are all stocks that need to be liquidated, and most of the rest will start to reduce their positions.

And there are indeed a lot of stocks opened, more than 200 stocks, these stocks are not big, Chen Fan can only pick and choose as much as possible.

In this current market, it is very difficult to open a position, so Chen Fan also gave the highest buying price for these stocks, and once it exceeds this point, he will not increase his position.

After doing all this, Chen Fan was exhausted, but it was finally done.

Throw the things to Zheng Xiaopang, "Arrange, let the following start to change positions."

Zheng Xiaopang took a quick look at the information Chen Fan handed over, and said casually, "I understand, what do you mean?"

At the beginning, Zheng Xiaopang didn't pay much attention to it, and when he took over the materials, he just casually said, the materials will be handed over to the two trading team leaders below tomorrow, and they go back to distribute them, but after the information that he saw at a glance entered his brain, Zheng Xiaopang was horrified, the style of painting was wrong.

"Let's talk about it after I come down, keep this one, just do it as it is."

Chen Fan didn't want to say much at this time, probably because he thought too much and felt a headache.

"It's all 150."

Chen Fan looked at the latest hot stocks. Not surprisingly, VA stock ranked first, and the displayed stock price was 153 yuan.

Click in and take a look. Now VA stock price is fluctuating violently. The intraday high reached 167 yuan, and the adjusted low point was around 151 yuan.

"This stock must reduce its position after it hits 200 yuan. Why is the trading volume so large at the moment? It should be that the funds are being shuffled."

Chen Fan looked at the VA stock price chart and said to Zheng Xiaopang.

(End of this chapter)