legendary trader

Chapter 392 Chapter 393

Looking at the time, there were still 2 minutes before the market closed, Chen Fan suddenly said to Zheng Xiaopang: "Stop buying, let's withdraw, let's see how popular Qualcomm is."

Zheng Xiaopang was slightly stunned after hearing Chen Fan's words, then stopped buying and looked at the computer screen. At this time, Qualcomm's stock price had risen to 5.36 yuan.
As Zheng Xiaopang stopped buying Qualcomm shares, Qualcomm's stock price struggled for less than half a minute at 5.36 yuan, and the stock price began to pull back as buying orders decreased.

At the same time, the Nasdaq index is still rising, and the trading volume has increased, but the absolute volume is not too much, so the rising speed is not fast. It lasted until the close. The Nasdaq closed at 2 points. It fell 421.27 points, or 41%.

Qualcomm’s stock price not only withstood the market’s decline, but also experienced a considerable increase. Qualcomm’s stock price closed at 5.29 yuan, a surge of 0.18 yuan, or 3.52%. Zoom in more than 2900x.

The rice stock market has completed this week's trading, and the futures market is still continuing to trade. At this time, the price of the Nasdaq's March contract has fallen to around 3 points, which is only a few points higher than the closing price of the underlying stock index today.

Now the bulls in the futures market are a little panicked. Next week is the last trading week, and point delivery will be carried out on Friday. At this critical moment, major bad news has caused the Nasdaq to fall sharply again. No one thinks that the market can regain its footing next week. Up to 2400 points.

Chen Fan didn't have such thoughts at the moment, he also felt that it would be good to hold 2300 points next week, so seeing that the futures trading team was still closing a large number of positions, he didn't say anything, but was eager to clear all positions as soon as possible.

The Nasdaq futures contract for June also fell to 6 points, and the trading volume was also very large. It can be seen that with the news of the rate hike in the United States being confirmed, other countries should follow the steps of the United States to start raising interest rates. The global stock market At least 2485 months will be caught in the jitters.

Seeing that a large number of positions were closed in the March contract, and a large number of positions were opened in the June contract. Generally speaking, because there are few buy orders under the March contract, it is very unfavorable for the liquidation work, and the June contract is affected by the news. There are a large number of empty orders, and opening positions now is a good opportunity to increase positions.

Chen Fan stared at it silently for a while, feeling that he had nothing to say, as long as the remaining more than [-] lots were closed, it could be regarded as dealing with a potential bomb.

The futures didn’t make much money this time. Although it seems that there is a lot of floating profit now, Chen Fan knows that this is the money he earned at the beginning of the year. In the end, there may be no profit, and if you don’t lose money, you will be Amitabha.

Seeing that there is nothing to look at, there is a high probability that today he will not be able to finish the work of clearing the warehouse. It is impossible for the long and short positions of the March contract to be evened to 3 lots. Chen Fan can only shake his head helplessly, and called Zheng Xiao Fat went back to rest.

Although Zheng Xiaopang was holding back his stomach and wanted to ask, but seeing that Chen Fan seemed to be in a very bad state of mind, Zheng Xiaopang guessed that the interest rate increase was too sudden, and they were not prepared at all, so they didn't ask any more questions. I'll talk about it next week.

Although they have recently increased their holdings of a lot of Qualcomm stocks, but only more than 3 million shares and an investment of more than 1 million yuan, for them now, it is really not a big deal. In fact, it is mainly due to the huge amount of other stocks in their hands. Well, that's a matter of billions. What Zheng Xiaopang is worried about now is that if the market continues to fall, that will be a real nightmare.

After waking up, Chen Fan still didn't feel refreshed. He checked the time, ate something at the restaurant, and went home first.

The injury he received in the early hours of the morning felt a bit serious. Chen Fan felt that it was his own fault, and he didn't consider some situations comprehensively. Although there was still a little luck in his heart, his reason told him that the possibility was infinitely close to zero.

Go home, home is a haven of refuge, you can take it easy.

Chen Fan was still not in a good mood after returning home, and Liu Ying soon found out.

Seeing Chen Fan listlessly sitting on the sofa, he sat down considerately and asked, "See what happened to you, so listless."

"Something happened in the early morning. The US side finally raised interest rates. I thought it was just a rumor." He shook his head and let out a long sigh.

"Have the stocks been trapped?" Liu Ying didn't watch TV today, so she didn't know about it, so she hurriedly asked with concern.

"No, it's still profitable. It's just that this Pandora's box has been opened. It is estimated that many countries will follow up. The impact may be longer. The market is a bit incomprehensible in a short period of time. It is said that the market will continue to rise." Chen While talking, Fan noticed his mother coming out of the kitchen, and immediately shut up and put on a smiling face.

"I'm going to sleep and catch up on sleep." Chen Fan was worried that his family members would find out and worry about him, so he simply hid himself to calm down.

"You go up, I'll be up later." Liu Ying got up and pulled Chen Fan up, and walked towards Mama Chen.

Chen Fan returned to his room, and before his wife came to comfort him, he received a phone call, which was nothing more than asking about the market outlook of rice stocks, but Chen Fan simply replied, "Continue to be bullish, short-term adjustments are just a few days. The futures contract profit in March is less than expected, it’s a trivial matter.”

Then Zhang Yang also called, asking whether the domestic side should reduce their positions. Chen Fan hadn't paid attention to the domestic stock market for a long time, so he asked a few words, and then felt that it was not detailed enough, so he went straight to the I went to the study to look at the trend chart of the Shenzheng Index.

About half an hour later, Liu Ying went upstairs and didn't look at Chen Fan in the bedroom. She was taken aback and thought something had happened, so she hurried to find someone, only to see Chen Fan in the study looking at the computer.

But seeing that Chen Fan was no longer in the mood of disappointment before, Liu Ying went downstairs to make a pot of tea, thinking that when she was in a bad mood, her appetite would not be good, so she brought some food to order. building
On Monday afternoon, Chen Fan went out to the resort after having dinner at home. After two days of licking his wounds at home, his mental state improved a lot, at least he wasn't as sick as he was on Saturday.

Entering the trading room, I saw that Zheng Xiaopang had arrived early and was watching the futures index trend.

"How much did it fall?" Chen Fan asked casually. He didn't have much chance for the market in the first few days of this week. Just kidding. When will the Central Bank of Huaguo raise interest rates? Although the national conditions of different countries are different, the economic policies of the world's major economies are generally at the same pace. After all, the huge differences in monetary policies will have a great impact on the foreign exchange market. The key lies in the economic develop.

If a country decides to cut interest rates for the sake of economic development, yes, this is an internal affair, and other countries have no right to dictate. In the short term, the currency exchange rate of the country will definitely depreciate. The development of large-scale industries will bring certain vitality to the economy.

But such a policy is beneficial to the country, but it will inevitably harm the interests of other countries. Then everyone will follow suit and cut interest rates. In the end, everyone will get nothing. The market is still the same, but the reputation will be damaged.

Therefore, Chen Fan believes that the United States must have discussed with the governments of several other major economies before making the decision to raise interest rates, and there must be compromises or other inside stories between them. How will the rice stock market go?

"Hovering above 2400 points, the futures index is already bearish." Zheng Xiaopang said without turning his head, "The futures trading team has no action today. Do you think we should continue to close positions and exchange all March contracts?" into a June contract."

"What is the current position of the June contract?" Chen Fan asked.

"2436 points." Zheng Xiaopang replied very simply, reporting the current price directly.

"They didn't buy the June contract?" Chen Fan asked in surprise, "I remember that I only said that I would not trade the March contract today, and I didn't say that I would not increase my position in the June contract."

"I forgot what you said, maybe they didn't understand it, and you may not have made it clear." Zheng Xiaopang turned his head and looked at Chen Fan before saying.

Standing behind Zheng Xiaopang, Chen Fan looked at the downward trend of futures contracts on the computer screen, "Let them increase their positions, I'll go over and have a look."

Chen Fan walked out as he spoke, Zheng Xiaopang turned sideways to look at the back of Chen Fan walking out, and said nothing.

Not long after, Zheng Xiaopang saw a change in the background data, and the June contract began to open multiple orders. Obviously, Chen Fan had already passed the order, and it seemed that the opening speed was very fast.

Zheng Xiaopang didn't know where Chen Fan's confidence in being bullish on rice stocks came from, but he didn't want to talk too much. At least for now, this transaction is still profitable. Although the operation is a bit confusing, the big rhythm is still very accurate.

As for what happened last Friday, it is also a special situation, how can you deal with the sudden news.

Looking at the time, the rice stock market is about to open, thinking that Chen Fan should be here soon.

Last week, Zheng Xiaopang held back his words and wanted to ask, but now he has a chance. At least Chen Fan is in good spirits now, but he doesn't want to ask anymore.

After a while, Chen Fan came back and sat down. He shook his head and said with a smile, "Last week, a piece of news seemed to have stunned all the traders below, as if the sky was about to collapse."

"Is the situation in the stock trading group not good?" Zheng Xiaopang asked, "I went down to check earlier, and everyone was not in a good mood."

"It's just a small setback. The market will always go up." Chen Fan said helplessly. He couldn't figure out what they were worried about. They paid for the cost, and at most it was just a little less benefit.

"After you make money, you get the big share. Can they not worry?" Zheng Xiaopang shook his head and replied, "I'll be served on weekends. Seeing that you're in good shape, what will you do this week?"

"No idea, continue last week's transaction. I said that the futures index is to open a position. I went to the next 2 groups before to let them continue to collect Qualcomm's stock. We also made a move here. I didn't say anything. Let us operate, just let them keep collecting chips, hehehe" Chen Fan suddenly laughed while talking, making Zheng Xiaopang baffled.

"What are you laughing at? I didn't realize that your smile is so low." Zheng Xiaopang said suspiciously, but he suspected that there must be something in it, and Chen Fan didn't say it.

"At that time, you said that if we make Qualcomm's stock price skyrocket, can they still execute the operation so calmly?" Chen Fan looked at Zheng Xiaopang with a smile and said.

"It's okay to increase the position of Qualcomm, there is no need to greatly increase the stock price." Zheng Xiaopang couldn't figure it out. In the past, they used small orders to quietly enter the market. Although the speed was slower, the cost could be effectively controlled. Knowing what was going on, Chen Fan seemed a little impatient to quickly collect Qualcomm shares.

"Personally, I feel that this stock has a head start. I hope that there will be good news from this International Telecommunication Union conference. Time waits for no one." Chen Fan couldn't say much, so he could only talk casually so as not to be in trouble Justify yourself.

"You can tell your fortune." Zheng Xiaopang didn't know what to say. Chen Fan probably read Qualcomm's information and wanted to bet on which standard was recognized by the International Telecommunication Union.

After a while, the opening price of rice stocks came out, perhaps due to the influence of the late trading last weekend, the three major indexes all opened slightly higher.
Today, the Nasdaq opened at 2 points, a slight increase of 428.39 points. However, Chen Fan didn't feel a little bit about the higher opening, and the market adjustment was not sufficient. He could only pin his hopes on the weekend for two days to see if there was a chance to stabilize and rebound Come on, anyway, the first quarter was useless in Chen Fan's eyes.

As the Nasdaq opened slightly higher, it gave a little stimulus to the index futures market, but before the futures index rebounded by a few points, after the rice stock market entered the trading session, the three major indexes all began to fall. The open space was quickly completely closed, and the three major indexes all turned red. At this time, it was less than half a minute before the opening.

Chen Fan and the others did not manipulate the opening price of Qualcomm's stock price today, but wanted to see the market's own realization.

Perhaps due to the impact of Friday's bucking trend, Qualcomm's share price also opened higher at 5.33 yuan today, which was 0.04 yuan higher, but the trading volume has returned to normal levels, with only tens of thousands of shares traded.

After the market opened, Zheng Xiaopang did not immediately enter the market to collect money according to Chen Fan's instructions. He just observed the buying and selling forces in the market and compared them to see how the current market popularity is. According to Chen Fan's statement, although pulling It must be pulled, but it is also necessary to know what the market evaluates Qualcomm's current stock price, whether it is high or low.

Through the operation last Friday, Qualcomm stock should have attracted the attention of many parties in the market, so it should not be so dull after the market opens. At least there will be funds entering the market to cover positions. After all, so much money has been spent and so many stocks have been bought It is impossible for stocks to have no waves in the market.

But to Zheng Xiaopang's disappointment, after the opening of the market, Qualcomm's stock also experienced a correction as the market fell. Although tens of thousands of shares were piled up at 5.3 yuan, but thousands of shares were actively sold, The gap is already in jeopardy
(End of this chapter)