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Chapter 146: Profits from shorting U.S. stocks(1/2)

On the night of October 10th.

The U.S. stock market plummeted.

Major star technology stocks are no exception!

Apple, which has the second largest market value, closed at $216.360 on the same day. It fell by 4.63% from the morning opening.

Facebook's stock price: US$151.380, a relative decline of 4.84%.

Microsoft Group's stock price: US$106.160, a relative decline of 5.43%.

Tesla's stock price: 1...

Even these celebrity stocks fell so badly, not to mention other stocks with relatively small plates.

Basically no one survived.

In Abel's view, the stock market suddenly plummeted like this for no reason. It was not like the financial crisis in 0809 ten years ago.

This stock market plunge is only cyclical and has some chances.

There are many reasons.

But it is closely related to the uncertainty of the midterm election. Market interest rates have risen too quickly recently, US bonds have been adjusted, and US stocks have fallen sharply to a certain extent, which is a rebound.

Because of a certain panic, the stock market stampede occurred.

"call……"

Abel lay on the boss's chair.

Looking at the harvest report for the whole day sent by my subordinates.

Happy and satisfied expressions.

50 billion US dollars of principal was invested.

Through today's operations with the dealers and major banks.

Profits are close to 7%.

Don't feel much, right?

But if this 7% is 7% of US$50 billion.

This gain was as high as US$3.5 billion.

That is to say.

The stock market earned $3.5 billion all day today.

The 3.5 billion US dollars and he made a profit of more than 3 billion US dollars, which does seem to be a little less than that.

But this is a stock market with a more stable market and less risky market.

Making profits from the stock market of 3.5 billion US dollars. It is much more difficult to make profits from the foreign exchange market of more than 3.5 billion US dollars.

If there is no plug-in in the foreign exchange market, you may make billions of dollars in one hour, but more likely you can lose 10 or 20 billion in just a few hours!

The stock market won't.

Unless it is traded on margin like Abel.

If it is a normal stock trading.

No matter how much you lose, as long as the stock you buy has not been delisted, wait for a while. As long as it is not too unlucky, it will always rise.

John Mellon and Alfa Carroll have been waiting for him.

It's obviously time to get off work.

These two Wells Fargo executives did not choose to leave work as usual.

Together they arrived at the CBD office that lends Abel to perform this stock operation.

"Congratulations, Mr. Sefrosa!" Alpha exclaimed, "The money you earned today is almost as good as all the assets of the rich people at the end of Forbes rankings!"

The top few Forbes rankings are indeed perverted. All of them have already appeared rich people with hundreds of billions of dollars.

But the assets of four or five hundred are only a few billion US dollars.

As far as Alpha knows, the money Abel earned from the foreign exchange market and the stock market in the past three days has exceeded the wealth of these rich people for the rest of their lives.

John Mellon has nothing to say.

Abel's current strength and wealth are indeed not as good as some old-fashioned families, not to mention those consortiums formed by the old-fashioned families.

But Abel is only 20 years old!

Not counting Blue Star’s future, just cash flow, Abel is almost reaching 10 billion US dollars now.

Looking at the past and the future.

From Forbes rankings to including the founders of the hidden families.

Even if inflation is included, the wealth they gathered at the age of 20 has never been so exaggerated.

Looking at these two Wells Fargo executives.

Abel raised his eyebrows.

"Two. To celebrate, I decided to book the best nightclub in Los Angeles today!"

"Do you want to have a drink together?"

"Let's get high together?"

In the evening.

Abel had already asked his beautiful secretary Joe to contact one of the best nightclubs in the Los Angeles area.

TIME Nightclub.

This latest nightclub is definitely the hottest place nearby. It has luxurious and spacious interior decoration. Big DJs such as Cash Cash, Seven Lions, NGHTMRE, etc. will come here to perform. The whole atmosphere and experience will not be inferior to those of Las Vegas nightclubs.

Abel booked its price, plus some extra service, and the offer was $1 million.

"Oh? The pleasure is so great." John Mellon agreed.

Alpha hesitated for a moment.

There was apologetic on his face: "Sorry. Someone has already made an appointment to me tonight, and I'm going to see a few people."

"Okay! There will not be only one such celebration! In the next period of time, I believe everyone will be very tired!"

Abel said with a smile.

Then he stood up.

Walk out of this high-rise lounge.

Behind him is the beautiful secretary Joe who has been very excited today.

John and Alpha looked at each other.

Come out as well.

Abel came outside.

He clapped his hands.

The beautiful secretary Joe gave the microphone appropriately.

He said:

"Everyone! Thank you for your hard work today! I will invite everyone here to go to TIME in OC to have fun together!"

"YES! Long live Seifrosa!"

"BOSS! We love you!"

"Are there any dancers? Is there any Prostitute?"

“…”

Watching the unrestrained cheers of these financial elites who have worked hard for a day.

Abel smiled.

Continuing: "Other than that! Everyone here will receive a bonus! The number of this bonus is: 100,000 US dollars!"

He raised his hand and snapped his fingers.

"Cheer!"

The financial elites in the audience were stunned at first. After hearing the number clearly, they all cheered enthusiastically, and the huge sound almost overturned the ceiling.

Abel smiled at them.

Turning his head and saying to Joe, "Calculate the numbers. Everyone has a share, and you have a share too!"

"Yes...yes! Boss!" Qiao was very excited.

She didn't expect that she would have a share.
To be continued...
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