Chapter 1554 [The market collapsed, the global market went crazy]
Today, the A-share market bucked the trend and surged, but foreign capital did not buy heavily. Overall, there was a net outflow of more than 13 billion.
This is normal, because the external market has plummeted, and many foreign-funded institutions have also suffered losses. During this period, they also need to cash out from Big A to fill the hole. This is also a phenomenon that Fang Hong is happy to see happen.
Now it is necessary to clear out the funds that entered the market in the early stage, and only when there is a change of hands can the funds be cleared out.
Fang Hong is not worried at all that foreign investors will make money and then stop coming. They will come back when the time comes, and they will chase the highs.
In the evening, when the Beijing Magnesium Stock Market opened, the three major stock indexes jumped short and opened high as expected, and their trend fluctuations were also extremely violent. They once dived and turned green during the session, but they were pulled up again at the end of the session.
At the final close, the Dow rose 4.89%, the Nasdaq rose 4.95%, and the S&P 500 rose 4.94%.
…
The next day, Wednesday March 11th.
The A-share market opened today, and the three major stock indexes all opened slightly higher, but the trend was relatively weaker than yesterday, and the trend was volatile during the early trading.
At the opening in the afternoon, the market weakened again and failed to extend the red trend.
Because they were dragged down by external markets, other stock markets in the Asia-Pacific market became weaker and weaker, and Dow Jones valuation futures also fell again.
Originally, there was a sharp rise yesterday, so there was a need to cash in short-term profit orders, and the pullback of the external market also prevented funds from making plans.
The SGX 50 Index, which regained the 6,500-point mark yesterday, fell below it again today, and continued to fall below the 6,400-point mark. It closed down -1.78% after the market closed at 6,392.45 points, with the SGX holdings shrinking by 1,224.3 billion.
The three major stock indexes also ended lower across the board.
In the evening, a piece of news once again sent the U.S. stock market crashing. It was announced in vain that except for Yingzi and Ireland, on Friday, March 13, tourists from 26 countries participating in the Shenhe Convention will be restricted from entering Beijing for 30 days.
Many investors are disappointed with the market, which accelerates the decline of stock prices. The instability of stock prices leads to a herd mentality, which intensifies investor panic in a vicious circle.
That night, the three major North Magnesium stock indexes plummeted across the board, not only engulfing yesterday's rebound, but also further hitting new lows for the year.
The Dow Jones Index plunged more than 1,400 points again, plummeting -5.86% to reach a new low in the near future. It fell -20% from its highest point, taking the lead in entering a technical bear market trend.
…
Affected by the sharp drop in the external market, A-shares opened lower on Thursday, March 12, and the New Securities 50 Index also fell sharply again. It fell below 6300 points and 6200 points continuously during the session, and the lowest fell to 6189.91 points, close to
Near the previous low, the largest intraday drop was more than 3 percentage points.
Because the Nasdaq futures experienced a circuit breaker this morning, the global market was also bleak, and Big A did not dare to attack, and both domestic and foreign capital were flowing out.
The big A side closed at 15:00, and an hour later at 16:00 on the domestic side, the Ozhou stock market opened, and the market collapsed, which stunned countless domestic investors.
The FTSE 100 index plummeted by -10.87%, the DAX30 plummeted by 12.24%, and the Fazi CAC40 plummeted by -12.28%. When you see the three stupid bears in Asia like this, the Bei Mei stock market will probably also suffer tonight.
Complete the rhythm of the calf.
Beijing Magnesium also started, and the mayor of Washington offered a "big smart plan", saying that declaring a state of emergency would allow more resources to be used to deal with the crisis.
And Zhiwei also said that this could be considered.
Bad news came one after another, Yingzi announced that it would impose a 2% digital tax on Facebook, Google, and Amazon.
There is also news that the Chicago Options Exchange (CBOE) will close the options trading floor on March 13 and suspend open outcry trading in the trading floor. As a measure to deal with the black swan impact, the news pointed out that CME Group will not
No date was given for when trading floors could reopen.
The news further pointed out that even if the trading floor is physically closed, electronic platform quotations are fully achievable, and all products of CME Group will continue to be traded on the online platform CME-Globex.
That night, less than six minutes after the opening of the Bei Magnesium stock market, it plummeted -7.2%, triggering the first-level circuit breaker again and suspending trading for 15 minutes. The three major Bei Magnesium stock indexes have now fully entered the technical bear market stage.
"Black Thursday" was staged in the entire market today. The news that the magnesium stock market triggered the fifth circuit breaker in history quickly spread around the world and once again made the headlines of major media.
Countless investors here in China are destined to have another sleepless night. At this moment, major stock forums and communication groups are forwarding discussions.
[Crazy, the market is crazy.]
[Witnessing history again!]
[Bafeit has witnessed five magnesium stock meltdowns in his lifetime, and I have been lucky enough to witness 4 times, so I have 80% of Ba Feit’s experience... (manual funny)]
[Buy watermelons and prepare a bench, wait for the mysterious forces to enter and add insult to injury. Every new overlord rises to power by eating the flesh and blood of the old overlord.]
[The biggest fear is that after falling on the 12th, it will continue to fall on the 13th. Then it will fall again on the 15th, and then it will fall again on the 16th. If it keeps falling, forget it!]
[It has been 27 years since the first meltdown in the history of magnesium stocks, but it was only three days since the last meltdown... (face covering.jpg)]
[The current market is really in a state of chaos.]
[Crazy, completely crazy, completely finished.]
[If you meet a madman in real life, your instinctive reaction is most likely to stay away. Faced with a crazy market, the best choice is of course to stay away.]
[No, why did gold plummet along with it? What happened to the gold index that almost fell by 5 points? Gold is a recognized safe-haven asset, so why did it plummet along with the market? Shouldn't it have plummeted by 5 points at this time?
]
[Cash is king at the moment. Don’t buy anything and wait and see. This may explain the decline of gold in some respects. Some people think cash is safer than gold.]
[Those who have been short positions since the beginning of the year are undoubtedly happy now. They are currently ahead of the S&P by 23.2%. They can easily outperform the market without doing anything, which is really enviable... (Laughing with tears.jpg)]
[If you dare to ask where the road is, it makes people panic.]
[Big A is in danger, K is quick to save!]
…
At this moment, as the magnesium stock triggered a circuit breaker and suspended trading for 15 minutes, after trading resumed, in order to deal with the de-leverage storm that froze the national debt and repurchase markets, the Magnesium Fed announced during the session that it would inject $1.5 trillion in liquidity into the financial system.
sex.
The time when the news came out corresponds to around 00:50 in the domestic time zone. At this time, the three major stock indexes began to violently rise unilaterally for a full 15 minutes. The Dow Jones Index rebounded 6 percentage points unilaterally, all the way from -
9.32% has risen to a level of about -3%.
However, the announcement of the injection of US$1.5 trillion in liquidity only lasted 15 minutes.
Then the market plunged again, and even deeper.
As of the close, the Dow Jones Index plummeted -9.99%. In terms of the big A, this is a market that has reached its daily limit. The Dow Jones Index hit 2352.6 points in a single day, directly breaking the 2008 record and setting a record for the first time in 1987.
Magnesium stocks suffered their biggest one-day decline since the meltdown.
