Happy Tycoon

Yang Jing suddenly announced that he was going to rescue the market. This was undoubtedly good news for Henry and David, but it was not good news for Cesar and the others who were immersed in reaping huge profits.

As a trader who likes to play games in the black swan market, Cesar insists that in the financial market, there should be no soft-heartedness. Soft-heartedness can only bring disaster.

Although Cesar is also very clear that today's global market plunge will definitely not last long, but judging from the current situation, even if it persists until today's closing price, the benefits of Dragon Fund will be even higher than it is now The benefit is much more.

Therefore, Cesar looked at Yang Jing with a very puzzled expression, as if asking why.

Yang Jing raised his hand and looked at his watch, knowing that another wave of general trend is coming, and it is absolutely not allowed to go against the trend at this time, it will make his head hurt.

Again, following the trend is the best choice a top speculator can make.

So Yang Jing said to Cesar very decisively: Order, close all positions, backhand and go long!

Received an affirmative answer from Yang Jing, Cesar couldn't hold his breath anymore.

Boss, why are you closing your position now? Judging from the current trend, it is very likely that the market will continue to fall. Shouldn't we backhand and go long?

Yang Jing glanced at Cesar, and said with certainty: Give the order first, and you will know the reason after a while.

Although Cesar was puzzled by Yang Jing's order, he still carried it out very well.

Under Cesar's order, the traders who controlled hundreds of accounts scattered in dozens of countries around the world began to act quickly. In just a few minutes, a huge number of long contracts suddenly appeared.

Closing a short contract is equivalent to going long.

And under this market, long contracts will never appear at all, and no one will go long at this time. However, there are a lot of short contracts waiting to be traded. These short contracts cannot be traded at all. The selling price is too large, and the market has been on a downward trend. If anyone sells the short contracts in their hands at this time, it is a fudge.

Therefore, these short contracts thrown out by Cesar were quickly digested by the huge market. At the same time, these traders still controlled those accounts and began to frantically build long positions.

There are many investors and investment institutions in the market who want to sell their long contracts, so the establishment of the long positions of the Dragon Fund went smoothly. Almost as long as the long contract is listed, the transaction can be completed immediately.

Seeing that the time was about to pass fourteen o'clock, the long position of the Dragon Fund was almost established. At this time, Yang Jing asked David Anderson to announce to the public as the CEO of KY Investment Fund that KY Investment Fund would invest no less than eight Billions of dollars in capital to buy back stock.

KY Investment Fund currently holds the stocks of as many as 27 companies. Even for the company with the smallest shareholding ratio, KY Investment Fund's shareholding ratio exceeds 1%.

A 1% shareholding ratio is not considered a major shareholder, but it can definitely be regarded as a major shareholder. At the moment when various stocks are plummeting, KY Fund dared to invest so much money to buy back stocks. This move was immediately recognized. The support of all shareholders of the twenty-seven companies.

In today's stock market crash, the major blue chip stocks are the absolute hardest hit areas. On average, the valuation of each blue chip stock plummeted by 30%, such as General Electric fell 33.1%, AT\u0026T fell 29.5%, Coca-Cola fell 36.5%, Westinghouse Electric fell 45.8%, and American Express fell 33.1%. Down 38.8%, Boeing 29.9%, **** 32.4%, Citibank 34.6%, Alcoa 41.3%, IBM 29.6%, General Motors 35.8%

If the stock price keeps falling like this, the wealth of these shareholders will also be severely reduced. As for those retail investors, they are eager to sell their stocks now. Now the stocks of these companies are like hot potatoes, and it is uncomfortable for anyone to hold them.

Many small shareholders couldn't even resist the torment of the sharp drop in stock prices, and sold their stocks one after another, and then all of these sold stocks were firmly taken into the arms of KY Investment Fund.

The stock repurchase of up to 8 billion US dollars seemed to be a shot in the arm, and immediately the stock prices of these companies that were dying began to rise instantly. Yang Jing now has an astonishing amount of funds in his hands, and now the stock prices of these companies have plummeted astonishingly again. When the two meet, KY Investment Fund quickly bought a large number of stocks in the market.

For example, the KY Fund originally controlled only 1.2% of General Electric’s shares. In less than ten minutes, this ratio rose to 6.8%. After submitting relevant procedures to the US Securities and Exchange Supervisory Commission, that is, the SEC , KY Investment Fund immediately transformed itself and became the largest shareholder of General Electric.

In addition, there are General Motors, AT\u0026T, ****, Citibank, etc. Anyway, among the 27 companies designated by Yang Jing, except for Berkshire Hathaway, KY investment funds are in the blink of an eye. Within a short period of time, it became the largest investment institution holding shares of other 26 companies.

The stock prices of these 27 companies also began to rise wildly due to the influx of huge amounts of funds, and even the entire US stock market began to stabilize and recover.

In fact, even if Yang Jing did not repurchase the stocks of these companies, the U.S. stock market would start to recover after 14 o'clock that day. It once soared 350 points, crossing the 2,000-point mark.

Although the broader market began to fall within one and a half hours thereafter, and finally closed at 1738.74 points, it is an indisputable fact that the broader market began to rebound.

Yang Jing, who comes from the future, is very aware of the trend of the US stock market on Black Monday, so when the market starts to rebound, he doesn't mind pushing it along with the trend. Anyway, Dragon Fund established a long position at around 1700 points. Even if the market rebounded after a while and continued to fall, it would be a big deal to lock up the position.

Anyway, tomorrow and the day after tomorrow, the U.S. stock market will rebound by a total of nearly 300 points, and finally stand firmly above the 2,000 point mark, so Yang Jing is not worried about the problem of backhanding long positions.

Generally speaking, although Black Monday was terrifying and brought great panic to the market, investors in the United States and around the world still maintain sufficient confidence in the US economy. It doesn't matter if the stock market plummets in a day, we can slowly recover it! Anyway, the economic fundamentals of the United States are here. If the market plummets for a day, can it still plummet every day?

After all, the U.S. economy is not the Japanese economy. After the Japanese stock market plummeted in 1989, it has been falling for several years. That is because the Japanese economy is really failing. However, in the United States, the economic fundamentals are positive, so the plunge can only cause temporary panic. When investor confidence is re-established, the U.S. stock market will recover again.

Yang Jing backhandedly went long, and in conjunction with the announcement of repurchasing the company's stock with a large sum of money, it was actually a means of operating in accordance with the trend. As long as the market can be rebounded, it doesn't matter even if it falls again.

In fact, the broader market fell again after 2:30 in time and space, which was more of a technical callback. Many investment institutions will decisively establish long positions when they see the market starts to rebound, which will cause the market to rebound as high as 350 points in a very short period of time. But in the same way, when the market rebounds to such a high position, those investment institutions will inevitably take profits, and then a large number of long positions will be closed just like short positions, directly suppressing the market that has just been pulled up again.

Yang Jing established a long position at a very low position, which was much lower than that of most investment institutions. Even if the market followed the original trend of time and space until it closed at 1738, Yang Jing was not afraid.

The most important thing is that today he bought a large number of stocks of 27 companies as he wished. Even if he paid tens of billions of dollars for this, Yang Jing is still very satisfied.

The stocks of these companies have been big in recent years.

For example, General Motors and Ford Motors, in the 1980s and early 1990s, the auto manufacturing industry was still the most powerful company, even better than those bank stocks. During this period of time, whether it was General Motors or Ford Motors, they were all companies that occupied the top 500 companies in the United States all the year round.

Even if you look at the whole world, automobile manufacturing companies are well-deserved the most powerful companies in this era. Volkswagen, Toyota and other car manufacturing companies, which one is not a large company in the world?

Even if the automobile manufacturing companies fail in the future, and many companies even go bankrupt, this industry still occupies a pivotal position in the global industry.

The reason why Yang Jing wants to acquire the stocks of these companies is not only to make money, but also to obtain a very high political status.

Just like the automobile manufacturing industry, if Yang Jing becomes the major shareholder of such giant automobile companies as General Motors, Ford Motor, and Volkswagen, then in the United States and even Europe, almost no one would dare to touch Yang Jing.

Although the automobile manufacturing industry began to decline in the new century, there are too many workers involved in this industry. Just like General Motors has more than 300,000 employees, Ford Motor has more than 400,000 employees, ranking the second largest industrial enterprise in the United States in 1988.

How many votes can these employees, plus their dependents, provide? This is what those congressmen and even the president care about most.

And once Yang Jing can become the main shareholder of these big companies, then needless to say, every time the election comes, no matter whether it is a senator, a congressman, or even the presidential elector, they will have to rush to curry favor with Yang Jing.

Damn, if you dare not flatter me, I will let you have no votes!

Do not believe? If you don't believe me, try it! See if those workers are willing to listen to me, a major shareholder who can bring them tangible benefits, or are they willing to listen to the illusory promises of you politicians?