The first thousand six hundred and ninety-four chapters is not the protagonist, it is the trick.
There are many people in this world, but in the end there are only two types of people, one is led by others, and the other is done by others.
That means, if you don’t play the protagonist, you will be a supporting role.
"Bank of America no longer needs more federal capital injections and is expected to achieve nearly $50 billion in pre-tax profits in 2009 and will earn $100 billion in operating income."
"This shows a turning point in the bull market. At least, we are in a rebound in a bear market, and the rebound will definitely last for a while. So now is not the time to short."
"We can't stand in a sad atmosphere. It's time to look at something positive."...
"The stock market has no clear reason for rebound. If trading like this, it will definitely indicate that the stock market will usher in another round of heavy losses."
"The Federal Reserve, the Treasury Department and central banks in other countries and regions have taken heavy attacks, but the impact is very little. People have gradually lost confidence and uncertainty has increased significantly." ...
On March 10, the day after the strong rebound of US stocks, Andy couldn't help but chuckled and shook his head as he looked at the contents of several major American newspapers sent in the morning.
The bullish and bullish factions and the bearish factions began to quarrel as he imagined.
Especially when Andy saw an exclusive interview about the stock god Buffett making a bold statement again, striving to support the United States to bottom out and rebound and the stock market ushered in a turning point, it was also quite surprising.
"The United States may have many opportunities next." Although it has been hit hard by the current financial crisis, the "stock god" Buffett still made bold statements, saying that it is time to buy the United States at the bottom.
At this time, Buffett stood up and made a bold statement at the bottom, which was quite interesting. After all, Andy Smith, who has become the "new hero", sounded the rebound horn alone yesterday. Is it a force to support or a hindsight?
As for the outside world's thoughts of Warren Buffett, Andy was not interested, but was very happy to see it.
Yesterday’s strong rebound really does not mean that it will continue to rise strongly today. Instead, the rise and fall of US stocks today have become a key node in whether it is a turning point.
The influence of stock god Warren Buffett is beyond doubt. Although his previous failure to "buy at the bottom" has affected his reputation, his industry status and influence that have been touted for decades are really not something Andy can replace it overnight.
Although there is less economic data and company news in major media today, and stimulated by the surge in US stocks yesterday, global stock markets were also surging. Stock markets in the Asia-Pacific and European regions have also rebounded one after another, and some stock markets have even seen the largest single-week growth since the end of November last year.
However, when the U.S. stock market is approaching the opening of the market after dawn, the trend of the U.S. stock market on the second day after the rebound is the focus of attention all over the world, and all investors are most concerned about whether the market can continue the upward trend of the previous trading day.
Is the US economy really recovering?
Or is this just a bear market trap?
The attention received on March 10th even exceeded yesterday's strong rebound. Andy also knew this. Only when the continuous rise of US stocks can it trigger the herd effect. You should know that investors around the world like to chase ups and sell downs.
"Dear, although the stock market rebounded strongly, gold fell below $900."
Ivana walked into the study with two cups of coffee, placed one of the coffee on the desk in front of Andy, and placed the other cup aside, then sat on another boss chair next to Andy, reminding softly.
"It's okay, don't worry about the trend of gold." Andy turned to look at Ivana, smiled slightly, reached out and grabbed her hand, kissed her on the back of her hand, and continued to explain: "Don't worry, the strong rebound in the stock market is the main reason for the decline in gold futures.
In recent times, the safe-haven characteristics of gold futures have been very obvious. Its correlation with the US dollar exchange rate trend has become weaker and is closely related to the rise and fall of the stock market. The rise in the stock market has attracted some funds to withdraw from the gold futures market.
Once the quantitative easing policy is released, the dollar that has been rising will fall, and then gold will take a beautiful curve."
Hearing Andy's explanation, Ivana's beautiful eyes lit up slightly, she smiled sweetly, looked at the financial briefing on the computer monitor, and asked hesitantly: "Dear, do you think today's stock market will continue to rebound yesterday?"
"It's hard to say, the key is the energy sector. Its drag on the market is not a little bit. If banks and financial stocks do not make any efforts, they may move narrowly. Once they cannot dispel market doubts strongly, they may stop rising and turn to falling...
To be honest, I don’t have much confidence now. Pessimism is prevalent today, and I can only look at the strength of Washington. I believe that Aoguanhai will not miss this opportunity. Polls show that in more than 50 days of taking office, his approval rating has been approaching 8%. I believe he is even more anxious!"
Andy also said with a serious expression that he knew his own affairs. One third of the more than 10 billion US dollars he threw out yesterday was spent on buying and repurchasing the stocks of Qualcomm, Starbucks and Gales Clothing, and one third of the bottom-ups were spent on Walmart and Amazon. The funds actually spread to most listed companies were only one-third.
This also includes companies such as Coca-Kuala, ibm, Google, and Apple. He said he would spend 10 billion to support the market. He is not really stupid to buy Yitong. Bank and financial stocks only bought Citi and Goldman Sachs stocks, and he didn't even touch other bank stocks.
At 9:30, under the high expectations, the opening of the US stock market, which made most people happy. Driven by bank stocks such as Citigroup, Bank of America, mg Chase and other bank stocks, the Dow Jones Index rose all the way in the morning, rushing above the 7,000 point mark.
In addition, the stock prices of HP and Apple have also driven strong growth in technology stocks. However, the energy and medical sectors performed very poorly, dragging down the market's rise.
In any case, if yesterday's rebound trend can be continued, it will mobilize the enthusiasm of a large number of investors and allow more funds to flow back into the stock market.
"Okay, my dear, that's all for the time being. You can rest too. You've been sitting for too long." Andy looked at the rising stock index, the picture of more green and less red, and he felt a little relieved. Then he said softly to Ivana, who had been sitting next to him and accompanied him.
Ivana, who was indeed erecting her bigger and bigger belly, felt a little uncomfortable sitting, nodded with a smile and said softly: "Then you are busy, I'll monitor the fetal movement."
Andy's eyes lit up, and he hurriedly stood up and helped Ivana who had stood up and said, "I'll accompany you."
"Haha, no need, you can do it first. When monitoring at night, you can watch the baby kick me." Ivana said with a happy smile, her beautiful eyes narrowed into crescent moons.
"Okay, then be careful"
As he said that, Andy helped Ivana out of the study. On the sofa in the corridor, the female nurse saw Ivana coming out, hurriedly stood up and stepped forward to support Ivana.
"Okay, you go in." Ivana waved her hand and asked Andy to go back to the study. She herself slowly walked down the stairs with the help of the female nurse.
Chapter completed!