legendary trader

Chapter 673 674 Weathervane (Thanks to all readers, thanks to all friends who rewarded monthly and recommended tickets)

"The Nasdaq is 2690." Zheng Xiaopang said suddenly.

Before, Zheng Xiaopang was very busy while paying attention to Qualcomm, Oracle software, and the trend of the Nasdaq, but after hearing Chen Fan's words, his heart calmed down a little, no matter whether Chen Fan was really calm or not. Pretend, at least I feel that the market trend is not so penetrating.

Chen Fan also took a look at the trend of the Nasdaq at this moment. It seems that there are signs of a stop here, and it has not hit yesterday's closing point, but the gap is less than 2 points. How much difference does it make?
"After we pulled up Qualcomm just now, some stocks also began to have buy orders to intervene. I don't know if it was because of us. Oracle also supported it when there were continuous buy orders around 10 yuan at that time."

Zheng Xiaopang continued.

"If it is true, it would be great. At least it means that some institutions in the market have already regarded our Qualcomm as the vane of the stock market. Well, we must maintain this momentum in the future, hehehe."

Chen Fan laughed as he spoke, but his face remained expressionless.

"Yeah, Weathervane, how wonderful, but he was also tied hands and feet." Zheng Xiaopang said.

"No, although it affects a little, it's not as serious as you think. The index has nothing to do with me. I still follow my rhythm and let the index follow me instead of me following the index."

Chen Fan pretended to be awesome and said.

After the Nasdaq stopped falling at 2690 points, because of the rapid decline in a short period of time, the index also began to slowly rebound and start a rebound trend.

"Should we rush into the market and go long on gold?" Zheng Xiaopang suddenly patted his head and said.

"Don't think about it, we don't have a foundation, and it will only be a tragedy to enter the market rashly. Just be honest and do stocks. And now, whether it's gold or crude oil, I don't have the mood to operate."

Chen Fan glanced at Zheng Xiaopang, smiled and shook his head.

Qualcomm's stock price continued to trade sideways above 25 yuan, and the Nasdaq also slowly rebounded at this time. Although the buying orders did not appear to be strong, those selling orders that were posted because of panic on the way up also became obstacles to the market's rise at this time. However, the index is still rising tenaciously, just not to mention the speed.

After rising slowly for more than ten minutes, the Nasdaq rebounded slowly to around 2706 points. It seemed that the upward attack was blocked here, and the index began to fluctuate slightly back and forth, as if it was about to turn around and continue to fall.

"Push up Qualcomm and rush to 25 yuan 5."

At this time, Chen Fan suddenly spoke again, asking He Li and the others to push up Qualcomm's stock price, as if they really planned to inject vitality into the market to continue to rise by pulling up Qualcomm.

Although I don't know what Chen Fan is thinking, He Li and others will of course follow the order, and then the sideways trend that lasted for more than ten minutes was broken, and Qualcomm's stock price rose slightly again.

Because Chen Fan was talking about pushing up, in He Li's understanding, this should mean slowly rising, not rushing, so he was more restrained in his operation and did not do his best.

Chen Fan didn't say anything about He Li's operation, but turned his attention to Nasdaq and Oracle and other stocks. He also wanted to confirm whether Zheng Xiaopang's previous statement was accurate, although it seemed credible at the time, However, it still needs multiple verifications to confirm that there are indeed market institutions referring to Qualcomm's trend to guide their operations.

After Qualcomm's stock price started to rise, there was no change in the Nasdaq in a short period of time, and the index did not show signs of rising again, but the trend of Oracle software did become that the bulls had a slight advantage, because at this time Oracle's stock price began to rise. Breaking away from the line of 10.8 yuan, the stock price wobbled and rose accordingly, but the purchase order seemed not so confident.

At the same time, Chen Fan also noticed that Cisco, Misoft and other stocks seemed to have similar market changes. The stock prices began to rebound to varying degrees after a rapid decline, or Qualcomm's stock price began to rise slightly following this.

Seeing this situation, Chen Fan still confirmed in his heart that Zheng Xiaopang's previous observations were indeed somewhat correct. It seems that the controlling funds of these stocks are really paying attention to the trend of Qualcomm. After two more trials, it will be relatively stable.

The reason why he still has to try is that Chen Fan is not so confident. He feels that he can think of it. Other traders should also have similar ideas. If they have an idea, they will do it. Maybe everyone will choose the same operation by coincidence.

Try a few more times, if these stocks are really in sync with Qualcomm's trend, as long as you operate Qualcomm not to be a demon, follow the trend and not suddenly change the direction of the wind, then these stocks should gradually follow the pace of Qualcomm .

Don't underestimate the fact that some stocks are following. As the number of following stocks increases, the index will sooner or later follow the pace of Qualcomm. Although the Nasdaq is still barely maintained near the high point of the rebound, Chen Fan believes that if it is not pushed by himself Shengtong may have affected those stocks, and the index may have fallen back. It is estimated that it is about to challenge 2700 points again.

Moreover, the most important thing is that I didn't let the stock trading team intervene in this operation, and the controlling funds of these stocks chose it by themselves. This is a big, big victory.

Chen Fan started to feel a little complacent, but he still pretended like nothing happened, and watched the changes on the board with no expression on his face.

As Qualcomm's stock price rose slowly and broke through 25.2 million yuan, and then saw 25.3 million yuan, the momentum of the stock price rise has not changed at all, and the number of rising stocks in the rice stock market has also begun to increase. At this time, it is not limited to the Nasdaq market. Dow Jones Both the market and S&P began to react.

After all, the Nasdaq took the lead in stabilizing, and it is not surprising that the Nasdaq gradually radiates to other markets.

The result of the increase in rising stocks also began to appear. The Nasdaq began to rise again at 2705 points. This is understandable. It was not that Chen Fan pulled up the index, but the rise in stocks boosted the market index to follow.

"The futures index fluctuated a little bit, and the opening of positions seemed to be suspended there."

Zheng Xiaopang suddenly reminded Chen Fandao in a low voice.

"Huh?" Chen Fan was slightly surprised, and then turned a screen to the Nasdaq futures. The trading price of the December contract was 12 points, which was still at an intraday low. The trading price of the monthly contract plummeted by 2932 points.

"The trading volume is really big." Chen Fan stared at the transaction data for a while, said unconsciously, then turned his head and said to Zheng Xiaopang: "Notify the other side to open a position, increase my position, it is obvious that someone enters the market to open a position." I can’t see it, I’ve been reminded many times, just keep an eye on the changes in the market’s position and trade”

(End of this chapter)