legendary trader

Chapter 753 754 (0.0)

The Nasdaq easily stood above 5 points. Looking at the speed of the index's correction, the blind man knew that the pressure on the top was very small. At least so far, there were not many profit-making orders. All shareholders at this time tacitly chose to hold stocks and wait and see.

The funds that had previously chosen to lighten their position at a high level gradually had a bad feeling and began to doubt their own judgment after seeing that the market stood at 5 points, and the market did not see a large number of profit-making as expected.

But at this time, the stocks they chose to reduce their positions are all popular stocks in the market in the near future. I have to carry the sedan chair for you.

The current short-position funds choose not to enter the popular stocks during this period, but it seems a little difficult for them to wait and see from the sidelines, so their eyes have entered the large-scale stocks with good quality that have been neglected by the market recently.

These stocks started to rise wave after wave in the second half of last year, but around the end of the year, these stocks all chose to adjust after hitting new highs. It has been almost two months. Should the adjustment be in place? up.

At this time, the funds that are not reconciled to being empty choose to absorb those large stocks that are undergoing adjustments. Although they also know that to make money in the stock market, they must chase the hot spots in the market and the stocks that attract money, but now the market has entered a high level after all. There are risks, and holding high-quality stocks is much more at ease than holding junk stocks, not to mention adding money to buy them back.

There are a large number of institutions and funds holding shares in these large-cap stocks, and the ability to push up the stock price is beyond doubt. It is still consolidating at a low level because the market has not adjusted in place. Once the adjustment is completed, it will inevitably skyrocket again.

In fact, investors who still have funds at this time are generally timid players with weak risk tolerance. They always remind themselves of market risks, so they choose to exit at the 5-point mark.

However, the Nasdaq easily stood up, and it seems that the market pressure is not strong, so in the end, it is still unwilling to be short because of this, and chooses to hold stocks instead of cash.

A bird in hand is worse than a hundred birds in the forest.

However, after this round of rise, the market also lost its target in the short term. After the adjustment was in place, the Nasdaq did not continue to surge upwards, but fluctuated higher.

Hot money is still crazily speculating on low-priced small and medium-cap stocks, new stocks, and sub-new stocks. The funds that left the market with profits cannot resist the temptation and choose to buy blue-chip stocks that are undergoing adjustment. The overall market seems to be showing signs of rising.

In the last trading hours, the Nasdaq continued its slight upward trend and finally closed at 5046.86 points, up 149 points throughout the day. However, if the low point of the previous market decline is counted, the Nasdaq rose from the bottom to 2 points.

"In the past two days, rice stocks have experienced a deep correction. After bottoming out, the market will start to rise. I don't know if it will fall below 5 points tomorrow."

Zheng Xiaopang looked at the closing price and smiled.

Chen Fan was looking at the closing price of Qualcomm at 63.5 yuan and the closing price of Oracle Software at 42 yuan, one up and one down, and when Zheng Xiaopang talked about tomorrow's market, he thought about it and smiled: "It doesn't matter." Our business, there is a high probability that it will not. These two callbacks are to prepare for today. I didn’t come up with more worries before, but now I come up. Who cares about it? Now we have to firmly stay above 5 points. "

"Now that the position you mentioned is here, do you think the Nasdaq is still high?"

Zheng Xiaopang nodded. Although he should be happy, he remembered that before Chen Fan, the Nasdaq was only around 5 points. Now that the market has risen to this point, is it about to peak and pull back?

"There is no height. It is estimated that it will be listed at 5 points, and then it will start to pull back. The market should not have any big opportunities."

Chen Fan knew what Zheng Xiaopang wanted to ask. In fact, Chen Fan looked at it before the market closed. The brightness of the Nasdaq has almost completely disappeared, which means that the height of the market has disappeared. The remaining light is nothing more than That is, if the support index rises by one or two percentage points, it will definitely disappear completely, unless the market wants to make a double top at the same position.

"Recently, the domestic financial media have begun to discuss why China's stock market does not show the same trend as that of the United States. If it has been rising for several years, it usually ends in two or three months. Although the increase is considerable, it has skyrocketed in such a short period of time. It’s about accumulating risk quickly.”

Zheng Xiaopang recalled the domestic financial reports he had seen, and said casually.

Now Migu heard from Chen Fan that it should be completely in place, and it will be over, and the remaining stocks will be sold.

Today is not too bad. He Li sold 76 Qualcomm shares at a low price, and Oracle Software sold 82 shares. They are not in a hurry. They sold the goods at a low cost, but Zheng Xiaopang didn't want to lose profits for nothing, so it would be good to spend more time and sell slowly.

"The futures are moving very fast. There are only 3 more orders left, and it is estimated that they will all be sold out on Friday."

Chen Fan doesn't want to mention the domestic market, so there is no taboo. The formation of a country's stock market is definitely not a short-term trend. There must be a process, and this process is also formed under the influence of internal and external forces in the market. From this point of view, perhaps the current situation in the domestic market is the market's choice, and there must be a reason for it. If there is a change, there must be changes in internal and external factors.

If one day the domestic market talks about reforms and immediately becomes the same as the US stock market, it will be abnormal.

"The trading volume in the futures group is very large. Now some bullish funds are not sure about stocks, so they ran to buy index futures. It is easier to close positions. When the long orders are processed, they will start to place short orders. It is estimated that it will be soon. Complete the warehouse building."

Zheng Xiaopang answered with a smile.

"I haven't paid much attention to the financial news during this time. Apart from what you said earlier, is there any news?"

Chen Fan asked suddenly.

"No, now the domestic stock market is based on the annual report. Good performance continues to rise, and bad performance will fall. It is estimated that the spring offensive will continue until April or May, and it will end every year."

Zheng Xiaopang said with a smile, the news that affects the stock price now is the annual reports released by various companies, and other news is really rare.

"By the way, I saw someone talking about their housing prices on the US website over the weekend."

Zheng Xiaopang said suddenly.

"House prices in the United States?"

Chen Fan was a little surprised, but he quickly realized that the housing prices in Hua Country have also been rising continuously in the past two years, and it is estimated that the same is true in America.

"Are you talking about risks? I know this. I watch people talking on TV at home on weekends that house prices have nearly doubled in the past two years, and there is a tendency to form a real estate bubble. Does that mean the same thing in the United States?" Chen Fan asked casually.

"Almost, according to the data from the United States, it seems that their housing prices rose two years earlier than ours, and the increase was not as high as ours. However, it took more than three years for housing prices to nearly double. Some experts there began to worry. It's the mortgage market."

Zheng Xiaopang said with a smile, "It's similar to that in China. The American guys buy stocks and real estate and land when they have money. They mainly buy loans there, and they can also deduct taxes, so the mortgage market has developed rapidly in the past two years."

"Money all over the world flows to the United States, and it is normal for such a situation to occur there."

Chen Fan said lightly.

No matter how poor the economic development is, as long as the money is in place, all walks of life can develop. Even if industrial production is affected, the economic growth factors will naturally be transferred to the service industry and emerging high-tech industries. It is possible to find the engine of growth.

The trading on Thursday was over. The two of them packed up the things on the table while laughing and chatting, and then left the trading room to go back to rest. There was still the last day. After completing Friday’s trading, it was time to go home for the weekend.

On Friday night, Chen Fan first went to the futures team to arrange today's tasks. After all, if it is normal, all the long orders in his hand can be sold out today, but this month is also the delivery month of the March futures contract. Even if Chen Fan wants to If you are short, you dare not do anything on this contract. After all, your own ability can be bullish but not bearish.

Under Zheng Xiaopang's astonished gaze, Chen Fan set the short-selling contract on the Nasdaq's June contract. After the March contract is completed, he will not continue, and he must close all the orders in his hand today.

Because they did not receive an order before, the futures team has never been short. Naturally, they have not traded the June contract. Now that they get a new job, the futures trio don't know whether to be happy or disappointed.

With the new order coming down, it seems that the vacation here after the transaction is completed seems to be in vain.

Now the stock group has closed the time, and the traders have received the subsidies they deserve, but the bulk share has not been settled yet, and it will not be issued until all transactions are completed.

However, many people can't wait to go on vacation. After being locked up in the resort for so long, it's time to go out and exercise.

Xu Jing also knew about this situation. Although not all settlements were completed, half of the share was still distributed according to the prediction. Those traders had the capital to make trouble.

Although they only got a part of it, the money was higher than their income in the previous two years. After all, they had realized several times the profit, and Xu Jing sent the money very simply. The traders were naturally very happy, not happy. The only ones left are traders who have not completed their tasks, but they will not continue to work in vain. Their income will definitely take this factor into account, not only more subsidies, but also commissions.

After the futures team finished dealing with it, the rice stock market was about to open, and Chen Fan and Zheng Xiaopang returned to the trading room.

Today's Nasdaq opened about the same as yesterday, opening higher, but the range is still not large, only more than ten points.

The Nasdaq opened at 5060.34 points, opening 14 points higher, setting another historical opening record.

After the market opened, the transaction has been kept active. Needless to say, Chen Fan also knew why. He picked up the pre-market briefing and looked at it. As the Nasdaq hit the 5 mark in the past trading day, the US media seemed to be hit The reports were as crazy as chicken blood, and the European and domestic media also reported the rice stock news.

In fact, this is easy to understand. Rice stocks have continued to rise, and the index has continued to hit new highs. It can be said that the three major indexes in the United States have continued to set new records in the past six months, which has severely stimulated the nerves of people in other countries.

Moreover, the funds entering the U.S. stock market are not money from U.S. funds. They are attracted by global capital, and their influence has naturally expanded a lot.

Not only the investment from Europe, but Huaguo has invested a lot of funds into the US stock market in the past year. There are investment institutions, more public and private equity funds, and even pension funds. They are used as long-term investment People have chosen to invest in a very small amount according to the proportion within the scope of national policies.

"By the way, are you going to the salon on Sunday?"

Zheng Xiaopang looked at the stock market that was continuing to fluctuate and rise and asked Chen Fan.

"It depends on the situation. I have been there a few times before. I feel that it is not interesting. They are all bullish. I can only remind you of the risks."

Chen Fan showed a wry smile. This is because he would not say that the rice stock market is almost over, and he still has a large investment that has not been recovered.

"They are all bullish now. It is estimated that they have made a lot of money in the United States in the past two months."

Zheng Xiaopang shook his head with a smile, knowing that many of those people probably played the role of hot money among them, and they should have made a lot of money, that's why they are so bullish on rice stocks.

"Every family is in charge of their own affairs. They will not fail to understand the risks of the market. In fact, I didn't understand it before. If it weren't for the difficulty of shipping now, I would have believed them."

Chen Fan smiled. In recent days, traders have started to leave one after another. He Li has also obviously accelerated the speed of shipments. The market was so good yesterday that he did not pull and sell as usual, but kept the stock price at Low position, isn't the purpose of completing the shipment task earlier?

Although people are leaving, Chen Fan is not worried about leaking the secrets. The main reason is that their stocks are separated, and each is responsible for the investment of a bunch of stocks. They don't know about Qualcomm and Oracle.

There is also a customary rule among traders, and they will not ask nonsense unless they say it themselves.

Today, the share price of Oracle Software continued yesterday's trend. It did not rise with the market, but pulled back. The current stock price is around 41 yuan, and it seems that it has to adjust the support of 40 yuan.

This is just Chen Fan's feeling, as if the step back was not in place yesterday.

However, Chen Fan is not worried about this stock at all. Up to the current position, the stock prices of Qualcomm and Oracle are actually at a low level, because he can see a little light.

At this moment, Qualcomm is also falling, and it has not risen with the index. It seems that He Li is planning to throw all the stocks out regardless.

But this is just thinking about it. Chen Fan doesn't believe that He Li would be so stupid. Looking at the current stock price, the low point of the arc bottom last time was around 60 yuan. Go there to complete the construction on the left side of the second arc bottom of the double bottom.

But now the Nasdaq seems to have risen to 5080 points. It seems that although the rise is relatively slow today and the intraday volatility is severe, the index is still showing the intention of hitting 5100 points. It may be self-defeating to continue to suppress the stock price.
(End of this chapter)