Everything was as Wang Yunlong expected. After the broadcast of Doyle's program, it immediately promoted the rise of Internet technology stocks around the world. From Sydney, then to Harbour City and then to Europe, it was a general trend of good news.

Especially the London stock market, as the capital market where foreign companies account for the majority, it is most sensitive to such global market changes. London, like Hong Kong City, opened high and closed high, which seems to be paving the way for the later US stock market.

Cao Haiyang, who is in charge of daytime trading, certainly would not miss this opportunity. Like Wang Yunlong, Cao Haiyang is a financial talent discovered by Zhou Ming when he first came to Hong Kong City. Although it is a little inferior to Wang Yunlong, it is also the top in the industry. Under his operations, Hong Kong City United Investment Fund also gained a lot in London.

When the London stock market closed in two hours, the main battlefield of the Internet stock market this time, the US stock market finally opened.

Everything is like a repeat of Harbor City and London. The US stock market also opened high and closed high at the opening. Technology stocks dominated by the Internet almost soared sharply. In just one hour, the increase of the entire Internet technology sector exceeded ten percentage points.

After observing for a while, Wang Yunlong reported to Zhou Ming and Lin Muqing very excitedly: "This is a good start, but the current situation is largely due to the participation of many speculators. After the peak of the transaction has passed, the increase will decline. According to past experience, today's increase is conservatively estimated to exceed 16 or 7 percentage points. If it is rapid in the afternoon, it is not impossible to break through 20."

This increase will take twenty years to reach. I wonder how many people will be dumbfounded and think that this is a nonsense that does not understand the stock market at all, but it is very likely in the bubble era.

This is the result of the US Securities and Exchange Commission's circuit breaker mechanism after the stock market crash in 1987, that is, a stock price fluctuation rate exceeds ten percentage points within five minutes and automatically interrupts trading. Not to mention anything else, just look at this mechanism, you can understand how unreasonable it is to sometimes bubbles come.

However, the US stock market has no daily limit. If controlled properly, it is not impossible to make the entire market rise and fall by more than 30 or 40 percentage points in one day. It is just that no one will do this. Not to mention the uncertainty of retail investors, there are still many idle players and competitors. If they deliberately push up, touch the circuit breaker mechanism, and cause the SEC to intervene in the end, it will not be fun.

It is precisely for this reason that in most of the time, the dealer will not push up the stock price without restrictions, and will even sell slightly to reduce the market heat when the stock price breaks.

Zhou Ming's phone rang, and it was Li Cheng's call. Zhou Ming asked Wang Yunlong to continue to pay attention to the US stock market, and then answered Li Cheng's phone number.

Li Cheng called at this time and wanted to communicate with Zhou Ming about the situation in the US stock market. In fact, this is not a secret. Zhou Ming told him Wang Yunlong's judgment, which was roughly the same as the conclusion he had drawn himself.

This is normal. After all, once the market momentum rises, unless something uncontrollable happens, it will be difficult for anyone with some financial knowledge to guess the subsequent development.

Facts also proved this. Zhou Ming and Wang Yunlong remained until the close of the US stock market, and finally ended with the stock price of Doyle soaring by 20 percentage points, Internet technology stocks rose by 15 percentage points on average, and the Nasdaq Composite Index rose by 8 percentage points.

This result is in Zhou Minghe

Wang Yunlong's expectations were also somewhat unexpected. The increase in Doyle and other Internet stocks was expected, but the rise of the Nasdaq Composite Index was somewhat beyond expectations.

Although the Nasdaq Comprehensive Index is a barometer of the US "new Internet economy", as a comprehensive stock index futures, it is impossible to simply refer to the rapidly growing sectors of Internet companies, and also includes communications, biotechnology, retail and wholesale trade, so even if the rise of Internet stocks is fierce, there will be a limit on the impact on the Nasdaq Index.

According to Wang Yunlong's prediction, the Nasdaq Comprehensive Index would rise within six percentage points, but he didn't expect it to hit eight.

Perhaps in the eyes of ordinary people, isn’t this just two percentage points?

If it is just an ordinary stock, two percentage points are of course normal, but the problem is the index! Behind the two percentage points is a confrontation of dozens or tens of billions of dollars.

"This should be because some people also thought of the fierce competition in Internet stocks, so they also diversified their investment in other related industries, which led to the overall increase of the Nasdaq Comprehensive Index." Wang Yunlong speculated.

Zhou Ming believes that Wang Yunlong’s speculation is very reasonable. It is true that Wang Yunlong is the Hong Kong City stock god, but it does not mean that he must be the most beautiful person in the world. There are many top investment masters in the United States and Europe. These people have similar investment visions. Since Wang Yunlong can see the benefits of diversified investment, it is impossible for others to see it.

True smart people often don’t blindly confident and think that they are Long Aotian or something. Zhou Ming, who has been a human being for two lifetimes, understands this principle even more.

Zhou Ming then asked Wang Yunlong if this would have any impact on current investment. Wang Yunlong shook his head and told Zhou Ming that it would not be, but his judgment of the index peak needs to be reconsidered.

Wang Yunlong explained: "The entry of large amounts of funds will cause the Nasdaq Comprehensive Index to rise too quickly. If there is no significant cooling in the next few days, it is likely to exceed the peak of 2,000 points in a short period of time, but this does not mean that the market's popularity has reached its peak."

"So that's it. It seems that it's not that easy to make money while lying down."

Zhou Ming said casually, and then told Wang Yunlong that he would have to work hard in the next few days. He also said to him: "If the limit of the peak cannot be determined, then you should just retreat according to the original plan of 2,000 peaks."

Zhou Ming proposed a conservative plan, because if the peak is really impossible, retreating early is a way. Anyway, I have made so much money, so... make less.

However, Wang Yunlong refused: "Mr. Zhou Ming, please believe me, I will definitely be able to calculate the peak!"

Zhou Ming knew that Wang Yunlong was also stubborn. Since he said that, Zhou Ming didn't say anything more, just asked him to work hard and not work too hard.

In the following three days, Internet stocks continued to heat up, major mainstream media in the United States were exclaiming this new economy carnival, and the stock market also made rapid progress with the fuel of public opinion.

As the saying goes, it cannot last long. Even if it is a bubble economy, according to the normal trend, after a day of explosive growth, there should be a certain adjustment period. After all, all parties need to wait and see. No one has a treasure pot in their hands. They can mobilize funds to enter the market without limit, and should always slow down.

But this time the Internet stock

The market is unusual. It exploded with rapid growth for four consecutive days. Not only does it keep its momentum, but it also has the attitude of becoming more and more courageous as it fights.

This made Wang Yunlong a little confused: "Is this a blast that the US stock market has been suppressed for a long time?"

Zhou Ming asked him directly: "Wang Yunlong, do you think the taste is wrong, too?"

Wang Yunlong nodded and replied: "Yes, because this kind of outbreak cannot be a spontaneous behavior of the market. There is obviously a large amount of funds entering the market as a driving force, but this behavior usually takes one or two days and needs to be eased. No one has unlimited money, but now it has been four days."

"Then why should we withdraw the funds tomorrow?" Zhou Ming asked.

Wang Yunlong was surprised: "Mr. Zhou Ming, why do you have such an idea? Now it's just that the US market is overheating, and the Nasdaq index is far from reaching its peak. Even if the popularity declines in the later period, there will be a period of increase. Withdrawal is not a wise choice."

Compared to Wang Yunlong, Lin Muqing obviously knew Zhou Ming better. When Lin Muqing heard Zhou Ming say this, she immediately realized: "Zhou Ming, do you think someone is doing another game, right?"

Zhou Ming did not answer directly, but called Tang Ran first to ask if there were any special actions by the California consortium or other American giants. Tang Ran said that they also discovered the current overheating of the stock market, but their analysts said that it might be because the hot money flowed out of the Gulf War returned to China, which would only play a better role in promoting their layout.

After calling, Zhou Ming thought for a while and decided to stick to his ideas. Lin Muqing gave Wang Yunlong the order: "Get out the funds slowly, I have made a lot of money anyway."

Although Wang Yunlong still wanted to persist, Lin Muqing had already spoken and he could only execute this way.

When Wang Yunlong executed Lin Muqing's order to start selling stock arbitrage, Zhou Ming also called Tang Ran again, expressed his concerns, and gave suggestions: "I can't say what you want me to say specifically, but the situation in the stock market is not right now, so my suggestion is to recycle funds as much as possible and wait and see the situation before talking about it."

"What kind of recycling funds? Do you actually believe in the judgment of Hong Kong City and the mainland. Do they know what stocks they know..."

At the last time Tang Ran hung up the phone, Zhou Ming heard the voice over there. It was obvious that Tang Ran was in a meeting. Other people from the Tang family expressed dissatisfaction with their judgment.

Zhou Ming smiled helplessly. It seemed that Tang Ran was in trouble.

After hanging up Tang Ran's phone, Zhou Ming also called Li Cheng and also informed him of his concerns.

Li Cheng was also surprised: "Zhou Ming, why did you have such an idea? The current situation in the US stock market is just overheating and will not affect our investment. If you withdraw your investment because of this, it will be a bit too panic."

After hanging up the phone, Zhou Ming smiled self-deprecatingly: "Maybe he is a little worried."

Lin Muqing comforted Zhou Ming: "It doesn't matter. Anyway, for four consecutive days of guarantee, the stock market should enter a period of adjustment. It is normal for us to withdraw from the wait-and-see first."

Zhou Ming was so amused and laughed: "Sister Mu Qing, I feel even more sad, but now I will do this for the next two days and weekends, and I will talk about it next Monday."
Chapter completed!