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After the Divorce, I Could Hear the Voice of the Future-Chapter 221 - 220: A Big Mouth Eats from All Around
"What else can we do?"
"We can only play tough when we're actually soft."
Lu Liang sighed, and after a moment of contemplation, the corners of his mouth gradually lifted into a smile that returned to his face.
These international institutions were more rational than he had imagined, not swayed by emotions. That was bad, but also good.
It meant they were not united as one; the so-called glory of Wall Street was not worth mentioning before personal interests.
Since they could unite over mutual interests, it also meant that, as long as their goals aligned in the future, Lu Liang could become collaborators with them.
Though the tuition was expensive, it was not without its gains— at least Lu Liang did not have to always consider them as hypothetical enemies.
It also made Lu Liang realize that with his current size and reputation, he no longer was a butterfly; a large trading volume was sufficient to drive the market, a small one could change the market.
Investing in the future had to be more cautious; tricking people into buying and then killing it could work once, maybe twice, but not a third time.
The opening price of the Dow today was 19,750.15 points. If it fell below 18,367.65 points, it would trigger the first level circuit breaker.
The circuit breaker incident in '97 was too distant, nineteen years have passed, and people could hardly remember the situation at the time.
However, at the beginning of the year, the A-shares experienced two circuit breakers in four days. Although the two markets are not comparable, there might still be some patterns to be found.
Taking the A-share market as a reference, it shows that a circuit breaker— be it just one or countless— so-called cooling-off periods, will only make the market even more panicked.
Updat𝓮d from frёewebnoѵēl.com.
For the past few decades, it was always like a rabbit trying to cross the river by feeling the stones; today, the rabbit had let someone feel it as well.
At 3:50 AM, various institutions tacitly stopped their short-selling at the Dow at around 18,400 points.
There were ten minutes left in today's trading. Continuing to smash the plates was pointless. It was better to wait and see what tomorrow would bring.
As the institutions stopped, the whole market also stopped the selloff, and the prices of various blue-chip stocks rebounded.
Take Microsoft and Apple for example; today the Dow fell by 1,250 points, a decline of over 6.25%, yet they only had a drop of less than 9%. Their resistance to pressure was quite outstanding.
If tomorrow's market conditions are poor, at least buying blue chips now won't result in too severe a drop. Conversely, if there's a rebound, their upward momentum won't be inferior to other stocks.
The 4 AM chimes rang out, signalling the end of today's trading in US stocks.
Lu Liang glanced at the profit and loss. They had chosen to hold a large number of blue chips immediately after closing their positions.
With heavy investments in blue chips at the closing, there was an increase, and the original loss of 115 million US dollars had become a loss of 82.5 million US dollars.
Tesla's share price had the steepest pullback, from a drop of -12.51% to -6.55%.
That was normal. There were differences in the size of blue-chip stocks; Apple and Microsoft were major blue chips, while Tesla was at best a minor blue chip, if it could even be considered one. But Lu Liang had a special affection for new energy.
However, there was no time to count tonight's profits, because although the US stock market was closed, the London Gold market was still trading aggressively.
Since the Federal Reserve implemented quantitative easing policies in 2008, money had become less valuable, and gold had been one of the hottest items in recent years.
Tonight, US stocks tasted the bitter fruit of quantitative easing, as all three main boards were in decline, the Dow narrowly avoiding a circuit breaker, and uncertainty at the close.
For the London Gold market, these were all favorable news.
Last night at eight, they bought 24 billion US dollars worth of gold at the 1721 price level, totalling over 1.39 million lots.
Up to this second, London Gold had seen a massive surge of 65.5 US dollars per ounce, with a current price of 1786.5 US dollars.
With over 1.39 million lots, and an increase of 65.5 US dollars per lot, the total profit had reached 91.342 million US dollars.
"Close the position."
Lu Liang's influence was enough to drive the market, but the fundamental logic for the rise in US stocks was the hegemony of the US dollar holding the world hostage.
Since the Cold War, the United States had always had this mentality; if it needed money, it spent money. If there was no money, they would print money or issue US bonds.
Anyway, the people of various countries around the world all recognize the US Dollar, as long as the issuance of US Dollars is sufficient, it'll be enough to offset their expenses and losses over the years.
As long as the monopoly of the US Dollar hegemony isn't broken, the logic behind the rise of US stocks won't change, and all declines will be technical corrections.
US stocks might not surge tomorrow, but they definitely won't plummet, and the funds that ran off to London Gold will return to the embrace of US stocks.
Invest one billion dollars, five hundred million as margin, five hundred million for trading, using a five-times leverage, made over ninety million.
After deducting the leverage fee for London Gold and the stamp duty generated from trading, it should almost offset tonight's losses, and there might even be a small profit.
"Multiline operations indeed can spread the risk; make big money steadily, and small money swiftly."
Lu Liang was in a great mood, walked out of the trading room, lit incense to enjoy a cup of tea, stretched his waist, and embraced the first ray of morning sunshine, waiting for the inventory report.
Suddenly, he saw, from the reflection in the glass, what seemed to be a dark camera lens not far behind his head.
Outside the security check, Chen Jinchun, with a bare face and dark circles under her eyes, held a camera, her face still had traces of a forced smile.
Seeing Lu Liang approaching briskly with an unfriendly expression, she suddenly couldn't smile, and with a stiff wave said, "Mr. Lu, good morning."
"When did you get here?" Lu Liang asked puzzled, as he remembered not seeing Chen Jinchun last night.
"Probably after two in the morning," Chen Jinchun replied in a daze, quickly pointing to the yellow line on the ground, indicating that she hadn't crossed it.
She understood the rules; the trading room was a core area, and without Mr. Lu's permission, no one could cross the yellow line at the security check.
"What are you doing here so early in the morning?" Mr. Lu asked, irritated.
Chen Jinchun looked down at her shoe tips with a guilty face, "Before going to bed last night, I saw Mr. Wang's live stream and felt there could be material, so I came over to check."
She had once been Mr. Lu's assistant, accompanying him through several all-nighters. Though she was still an assistant, her focus had shifted towards short videos.
She knew Mr. Lu had a habit; every time he finished working overnight, he would stand by the window, look into the distance, and welcome the first ray of morning sun.
Long ago, Chen Jinchun thought it was particularly cool, and last night when she scrolled upon Little Wang's live stream, she learned Mr. Lu was up all night again.
So, on a whim, she decided to come over for some candid shots, although Mr. Lu didn't like to be on camera now, maybe it'd be different in the future.
Or it could just be a keepsake.
"Let me see."
Lu Liang smiled and had no intention of blaming her; remembering to stand outside the yellow line showed that Xiao Chen still had a sense of measure.
Chen Jinchun pulled up the photos, five snapshots, one of which had the best angle; Mr. Lu was spreading his arms as if bathing in holy light.
"Tsk, not bad, send it to me later," Lu Liang said after scrutinizing them, more pleased with each view, planning to use one as a profile photo.
Accidentally pressing the camera, a photo suddenly appeared of Chen Jinchun swallowing a whole pitaya in one bite.
He looked bewildered, speaking earnestly, "Xiao Chen, when I told you to bite the lighter last time, it was a metaphor, do you understand?"
Lu Liang was worried; she might actually bite it, he was unsure which neuron misfired last year, hiring such a blockhead.
"I know, Mr. Lu, you were joking," Chen Jinchun said, mortified, head low, wishing she could vanish into a crack in the ground.
Mr. Lu's look grew even more peculiar, but this was someone's hobby, perhaps she just liked eating that way, it wasn't his place to say more.
Chen Jinchun protested with a childish stomp, "I promised my followers last time, that every time I reach a million fans, I'd perform a talent."
"This is a talent?" Mr. Lu was shocked.
"Why isn't it a talent? Mr. Lu, I can even swallow my fist," Chen Jinchun retorted defiantly, ready to shove her clenched fist into her mouth.
This was her hidden talent, she wouldn't have revealed it if not for increasing the company's Douyin fans.
Lu Liang couldn't help but laugh and cry, hastily stopping her, "I believe you, you came just in time, go get some breakfast then."