legendary trader

Chapter 343 344 Shock
The Nasdaq futures opened lower by nearly 2 percentage points, while the Dow futures and S&P futures both opened lower by more than 2 percentage points, and the decline far exceeded that of the Nasdaq.

However, Chen Fan and Zheng Xiaopang felt relieved after thinking about it. Most of the indicators of the Nasdaq are asset-light technology companies. Such companies have fewer loans. The Dow and the S&P, which have always been less, have a greater impact, so the prices of these two futures varieties have fallen more.

"I'm afraid we won't get a good result today. Is it possible for the people below to start selling some chips at the opening of the market? It's okay for us to enter the market to cover our positions after the market falls to the bottom." Zheng Xiaopang blinked and thought about it I told Chen Fan later.

"Shouldn't have a chance to make a move. The futures market gapped at the opening, and the stock market is probably about the same." Chen Fan said and shook his head, "Let's wait and see when the market opens."

"It's strange to say that the United States has always been a monster in recent months." Zheng Xiaopang suddenly said to Chen Fan, "Tell me, is the economy really failing or are they deliberately releasing false news?"

"These are actually not important. The important thing is how the stock market will go after the market opens. After all, there was a one-day sharp drop at the end of last year because of this rumor, and now it's just taking this news out for speculation." Chen Fan smiled. He said, "Actually, that's fine too. I sang "Wolf is Coming" a few times. When the interest rate is really raised in the future, the market may have gotten used to it, or it may have been exhausted."

"You mean that raising interest rates is highly probable. Now that big banker in the market is using fatigue tactics to make investors accept and get used to it?" Zheng Xiaopang lowered his head to think about it, then suddenly raised his head and smiled: "Because you Having said that, there is really such a meaning in it, that is, using this news to wash the market can also make the market adapt to the bad news of interest rate hikes, and when the news of interest rate hikes really comes out in the future, there will be no panic in the market.”

Soon after the Nasdaq futures opened, they began to continue to fall, but perhaps because the opening was too low, the market only fell by a dozen points before it stopped falling and stabilized. Continue until the rice stock market opens.

But at this time, Chen Fan was also struggling. He suddenly wanted to tell the futures trading team to speed up the opening of positions, but at this time, seeing the data that was constantly being refreshed on the trading background, the trading team had already started to open positions based on the trading volume. operation.

When Chen Fan saw this, he felt relieved for no reason, they did a great job.

Both the futures trading team and the stock trading team have been notified by the information room, but they still insist on opening positions, and are not affected by the bad news, and are still executing the order to open positions.

"The futures team did a good job, very calm and unaffected." Chen Fan said to Zheng Xiaopang with a smile.

"Huh? What are you talking about." Zheng Xiaopang tilted his head and glanced at Chen Fan, then shook his head with a smile, "Are you really not understanding or are you pretending to be confused?"

"What do you mean?" Chen Fan asked strangely.

"The traders all know the news, and of course we know it too. Since we know it, we haven't issued a new order to them. It would be stupid if we don't understand it." Zheng Xiaopang sneered, "You know , I participated in the recruitment of those traders, do you think I will recruit a bunch of idiots back?"

After hearing Zheng Xiaopang's words, Chen Fan shrugged speechlessly.

Zheng Xiaopang also regained his attention, focusing on himself.

Before the rice stock market opened, Zheng Xiaopang was very nervous and ran around the major websites in the United States to see if there were any bearish comments, but it was strange that the rumors of the analysis report of Aimi Company were only made in the financial forums. It is very big, and it is almost known to everyone, but in the financial news section of the website, there is no news about this news.

Chen Fan was also a little nervous, but thinking that the adjustment would last until the end of the ten-day period, and the position of [-] or [-] points given by the ability has not been reached so far. Is this an opportunity to increase the position?

Could it be that the main force of the market is thinking of creating such bad news to weaken the strength of the bulls and strengthen the strength of the bears?
Although Chen Fan was a little skeptical in his heart, he couldn't deny the existence of this possibility, but he didn't really believe it in his heart. This incident was actually old news, and it was unlikely to strengthen the power of short sellers. The probability of taking the opportunity to wash the dishes is a little higher.

However, when the market finally opened, Chen Fan was still twitching. The Nasdaq opened at 2293.27 points, opened 27 points lower, and fell by more than 1%.

The Dow and the S&P were a little more involved, both down more than 1.5%.

Although the three major indexes all opened lower, and the follow-up market trend is extremely dangerous, but in comparison, the Nasdaq index has become a bright spot among the three major indexes.

Not only did the rise exceed other indexes, but even the fall was less than other indexes. It all depends on peers. After observing the three major indexes, people with a discerning eye will choose to invest in the Nasdaq market. There is no way, who said that this market is obviously strong in other markets.

With the opening of the rice stock market, the index futures came out of the sluggish trend. When investors in the futures market found that the stock market was not as vulnerable as they thought, they began to sell more from idling.

No way, the stock market did not experience the sharp drop they expected. Just judging from the opening situation, it seems that the situation is not so bad, and the reaction of index futures is a bit overdone.

Now that the reaction is overdone, just correct it, so some funds have started to backhand go long, but most of them choose to close some short positions that they just made or open a small amount of long orders, and few institutions wantonly Do more, after all, the final direction of the market has yet to be tested.

As professional investors, they not only need to have profound knowledge and gambling skills, but also need to pay enough attention to market risks. This is the basic principle.

When the stock market officially opened and entered the trading session, the Nasdaq index fell unexpectedly, and the index fell from 2293 points to 2284 points.

Similar to the trend of index futures, after a wave of decline, the market showed obvious signs of stopping the decline, because there were huge buying orders on the buying prices of a large number of stocks, and the real-time trading volume also experienced a sharp drop since the index fell to 2288 points. Zooming in, it is obvious that big funds have begun to enter the market to absorb goods.

They may be building a position or protecting the market, but obviously at this moment they are throwing a cash check to the market without filling in the amount, and they are waiting for investors to fill in the amount.

The peak of trading volume amplification appeared after the index rebounded to 2285 points. Obviously, the market’s selling pressure reached the limit after the market bottomed out and began to rebound. However, such crazy selling failed to suppress the market’s rebound. Outside, the rebound of the index has been irresistible.

When the market index regained its position at 2290 points, the gradually wretched trading volume began to decline like a cliff. Investors who were greatly shaken in confidence restrained their desire to sell their stocks and leave the market after discovering that there was a huge buying order below the market. Plan, prepare to wait and see for a period of time before deciding whether to lighten up.

Soon the Nasdaq rose back to the opening point, and a "T" pattern with a shadow line appeared on the K-line chart, which began to send a signal to the market to stop the decline, but all investors knew that, Although the signal to stop the decline has been issued, today's trading has just begun, and no one can tell whether it will have the last laugh.

Moreover, as far as the current rumored news is only spread in the Internet world, the influence of the news will begin to appear when the news is confirmed and entered into the newspapers and televisions. With people all over the world, there is a lag effect in the spread of news, so it will take at least a few days to digest this bad news, and only then can everyone finally confirm how lethal this news is to the market.

"It will take at least two to three days." Chen Fan also thought silently in his heart, and whispered, "Today is Thursday, and the news also appeared on the Internet in the early hours of Thursday, so you should be able to see it on Friday and next Monday." Given the influence of this incident, as long as the market survives next Monday and Tuesday, there will be another wave of market prices in the short term, but I don’t know whether the market will go up or down by then.”

Although Chen Fan knows that from now to early February, the market has a chance to reach above 2 points, but it is hard to say when exactly, but because of the time when the brightness appears and the stock index has weakened slightly, There is a high probability that it will appear before the end of January. Combining with the current trend, Chen Fan still feels that this turmoil is not dangerous for the stock market.

"What Monday and Tuesday?" Zheng Xiaopang didn't listen to what Chen Fan was talking about, and only heard a few words and asked casually.

Chen Fan didn't expect his whisper to be overheard by Zheng Xiaopang, and said with a smile: "It's nothing, I'm thinking that although the market has been taken down for the time being, it depends on what the future transactions look like today, if we can take it down today, According to the speed of news dissemination, the news should be known to investors all over the world by next Monday at the latest, so the last turmoil should be written at that time, whether it is rising or falling."

"Well, that's true." Zheng Xiaopang nodded, "But today, it seems that the main force of the market will have to bear it, otherwise they wouldn't have placed so many buy orders to enter the market to protect the market. The traders below us also covered their positions. They are also lucky good."

"It's really luck. It's because yesterday's rise was too high and they couldn't cover their positions. Today, someone gave them a big gift package. The key point is that there is a safety cushion under the big gift package. If those people don't cover their positions immediately, then The level is too low." Chen Fan shook his head and laughed.

After the Nasdaq rebounded to 2293 points, perhaps because a large amount of long funds were still piled up below, or the main force of the market also planned to adjust and adjust here, it quickly lost the energy to continue to attack and began to fluctuate sideways around the opening point .

However, in such a market, the stocks of a large number of technology companies that have gained market share and benefited from them have become more and more powerful. The stocks of old and new blue-chip companies such as Misoft and General Machine are far ahead of the market trend, and their stock prices have begun to move closer to yesterday’s closing price. , it seems that turning green is only a matter of time.

However, the stocks of some companies with poor performance or bleak industry prospects were obviously abandoned by the market. As the stock index rebounded and soon fell into a wave of decline, it is obvious that funds for such companies will continue to flow out of them, and instead enter into those with good performance. Among the stocks that are supported, the strong are always strong is the normal state of the market.

"As long as this market can survive this time, we don't need to be so nervous about the market. Obviously, the main force of the market has been watching the market trend all the time. If there is any bad sign, it will be suppressed immediately. I think, most of the The off-market funds will immediately join the bulls after this turmoil, and it is estimated that there will be a retaliatory rise in the market in the second half of next week." Chen Fan shook his head in disbelief, as if lamenting the strength of the main force in the market.

"I hope so. We've made a big bet. If we can't resist, we won't be able to escape. Our position is too heavy." Zheng Xiaopang looked at Chen Fan with a smile, "But I have confidence in you. No, you probably already started running."

"Don't make gods, this is the age of science and technology, I am a human being or not a god, and I will make mistakes when I am a human being." Chen Fan joked.

"Yeah, for example, if you think about returning to the emperor, do you want to go out to play? I'm afraid the bottom is rusted after staying here for so long." Zheng Xiaopang said with a smirk.

Chen Fan turned his head and looked at Zheng Xiaopang who was grinning badly, "What do you think about all day long, why don't you usually see that your thoughts are so divergent, those places feel boring after going to those places twice, I'm going to go to you , I’m going back to the city to do business, next month is the New Year, I have to take care of the house, I can’t let my parents come over and find out what’s missing.”

"Yes, you are a good person, and I am a bad person." Zheng Xiaopang said with a smile, "How about I tell you the matter?"

Before he finished speaking, Chen Fan waved to him, "What do you think will happen if your family finds out about these things?"

Hearing Chen Fan's warning, Zheng Xiaopang immediately shut up, and raised his hands high as a sign of surrender, "Let's not talk about it anymore, okay?"

The Nasdaq futures fluctuated a bit after the stock market opened for trading, but soon they began to keep basically the same trend as the stock index, and they all began to adjust sideways. Obviously, the index futures market is not very clear about the market outlook, so I chose to wait and see the stock market for the time being. After all, the current trend will have an impact on the next two months, and this impact is of course decisive for the futures market.

However, when the stock market and the futures market were in a dull trend, Chen Fan still noticed some changes in the market, and the accumulation of buy orders gradually began to move up.

For many stocks at this time, the buy orders placed on the lower bid prices are increasing unabated. Although there are continuous selling orders entering the market, the orders placed on the external market or placed are far smaller than the internal market and newly placed buying orders.
(End of this chapter)