Chapter 913 [U.S. stocks crash again and melt down]
It has just entered night in the Eastern Hemisphere, while it is early morning in the Western Hemisphere. The U.S. stock market is still a while away from opening, but all kinds of bad news are coming in before the market opens. Investors in North America are buzzing.
It’s a series of bad news.
First of all, the international crude oil futures market collapsed. At this time, Brent crude oil and WTI crude oil futures plummeted by more than -10% within a day. The big investors and Oros were facing each other. If you smash it, I will smash it. Whoever is a coward is the grandson!
Investors were stabbed hard!
Today, Muriel of Washington, D.C., declared a state of emergency in the city. In an interview with the media, he claimed that this move would allow the capital region to use more resources to deal with the epidemic.
Investors get stabbed again!
Not long after, news came from the Chicago Mercantile Exchange (CME) that it would close the Chicago trading floor as a precautionary measure. As more information from the situation guidance is disclosed, the opening hours of the trading floor will be re-evaluated.
Investors were stabbed for the third time!
Three knives went down, and the knives pierced the heart!
This is not over yet. Not long after, Yingguo on the other side of the Atlantic announced a 2% digital tax on Facebook, Google, and Amazon. These listed companies are all large-cap heavyweight stocks in the US stock market, with a market value of trillions or close to trillions.
.
Immediately afterwards, Apple announced that it would close its 17 retail stores in Italy indefinitely.
These large-cap stocks have already begun to plummet before the market opens.
The bad news can no longer be tolerated!
It’s numb! It’s numb!
As the U.S. stock market opened on time, the three major indexes exploded. In China, it was around 21:36 on the Internet. At this time, investors who had opened the market software saw a message pop-up window:
[The three major North American indexes plummeted at the opening, and the three major stock indexes triggered circuit breakers within five minutes of the opening, marking the fifth circuit breaker in U.S. stock market history]
Big Vs and teachers are commenting on the U.S. stock market meltdown, and the news media are also reporting on the news. The news that the U.S. stock market is melting down again has been on the hot search. The popularity was already about to go down, but now it is on the trend again.
, and further forward.
During the intraday period, the Federal Reserve announced plans to increase the upper limit of overnight repurchase operations to US$175 billion. The US stock market rebounded violently for a time, but then crashed even more severely!
Yes, for free!
The Fed operation was lonely.
As time goes by, when the peripheral market is wailing everywhere, domestic netizens and people who are not stock traders are just watching the excitement and don't take it too seriously, and many stock investors are also making all kinds of jokes.
"Bafeit: Don't ask, I have never seen this scene!"
"Haha~"
"Brother Yi, we are in serious danger, please help quickly!"
"It was a stormy night. The U.S. stock market plummeted for a long time, but we saw that the Federal Reserve was rescuing us. Did you know it? Did you know it? The rescue was in vain."
"I can't sleep tonight, let's see how many hundreds of billions it sounds."
"Singing this song for you has no style. It just represents that the U.S. stock market has melted down again..."
"Hahaha~~"
"Beside the rooftop, I am lonely and hesitant. I have invested hundreds of billions in U.S. stocks, but I still can't hold on. I fell a thousand points in a blink of an eye, and there is no good way to recover. When the dynasty rises, don't forget the king of gpu."
"In the Spring of Gengzi, the U.S. stock market melted down. I was overjoyed. I wrote this article Huai Chuan Chuan: When will the bull market start? I asked Chuan Chuan over a glass of wine. I don’t know how much money investors in the world have lost. Although they want to close their positions and return, they are afraid of missing out on bargain hunting and high positions.
It is so cold that you can resolve thousands of worries in one leap. How is it like being in the world, selling gold, selling futures, and holding on to money? You should not hesitate. What you can protect is a little. People have joys and sorrows, and stocks have melted down many times. This is a rare thing in ancient times.
Let’s hope the bear lasts and U.S. stocks fall below daily.”
"Talent."
"The scenery of North America has been ruined for thousands of years, with trillions of water stamps. Looking at Asia and beyond, there is nothing left but Europe and Europe. It is a mess. Germany and Switzerland are at odds, and the West is furious. Desire and Italy are trying to compete. Tomorrow, let's see the closing prices in Europe and the United States.
, wailed all over the place. The operation was so coquettish that it attracted investors all over the world to throw away their money. Xi Zhenhua founded the country, slightly less literary talent, Conte Wenhu, slightly less coquettish. A generation of geniuses, one times Jin San, turned into a sandstorm for the sake of the Olympics. They are all gone.
Watch the rise of the Celestial Empire, right now."
"Heaven is beautiful, the clock of good fortune is beautiful!"
"I can't stop laughing, hahaha~~"
"I turned into a fool for the Olympics and laughed like a pig in the middle of the night..."
…
The U.S. stock market staged the fifth major circuit breaker in history. In the early morning, all domestic media were covering the matter overwhelmingly, attracting people from all over the world to come and watch.
Last night, the three major North American stock indexes closed. The S&P 500 index closed at -9.51% at 2480.640 points, the Nasdaq closed at -9.43% at 7201.800 points, and the Dow Jones index closed at -9.99% at 21200.619 points.
During the session, the Federal Reserve once launched a rescue operation, and the three major indexes also rebounded quickly and sharply. The Dow Jones Index once rebounded by nearly 7 percentage points from its lows, but then it exploded again.
This wave of operations by the Fed is free of charge during the day!
Instead, they sent money to Tiansheng Capital and other speculative capitals. Yes, Lu Ming was also trading on the spot last night.
The Fed is sending money, how can we not accept it?
Before the violent rebound came, Lu Ming ordered to open long. When the rebound was almost done, he hit the market with his backhand and went short. Although Tiansheng Capital's ultra-short-term speculation only accounted for about 20% of the total positions, the base of funds was too huge to support it.
Well, it is no exaggeration to say that it is a super main force in the US stock market.
Qi Weidu was sweating crazily, and the nuclear-powered harvester was overloaded and about to emit smoke.
The U.S. stock market is not his own place. The big boss has completely let himself go. It is absolutely no exaggeration to say that he is making trouble on the territory of the United States.
The market was already chaotic and panicked, but the big boss stirred up the situation inside, and the rhythm was so crazy that it turned into a mess, attracting investors from all walks of life to sell wildly.
How did you get up and how did you get down?
Near the end of the trading day, Lu Ming ordered a backhand opening, and 20% of the funds continued to arbitrage the interest rate differentials from the market repeatedly, cutting along the way, cutting back, and cutting back and forth!
Lu Ming ordered to open long at the end of the trading session. It was very simple. Do you care if it collapses like this?
in spite of?
Then it will continue to collapse tomorrow. If you have the guts, try it. If you try it, you will die!
The North American capital market gathers investors from all over the world, and there are many smart people. He is not the only one who does the same thing as Lu Ming, and it is not just Tiansheng Capital.
There are still many people like Lu Ming who believe that the United States will never let the U.S. stock market crash unless it is completely hopeless, but it is not hopeless. Interest rates can continue to be cut, and even unlimited quantitative easing can be done.
Start unlimited qe!
As U.S. stocks closed, triggering the fifth major circuit breaker, the market again expected the Federal Reserve to cut interest rates by 100 basis points.
The Federal Reserve made an emergency interest rate cut of 50 basis points at the beginning of the month. Now it seems that it is not enough! Not enough! Far from enough!
After-hours forecast according to CME Fed Watch: The probability that the Fed will cut interest rates by 75 basis points to 0.25%-0.50% in March is 49.8%, and the probability of cutting interest rates by 100 basis points to 0%-0.25% is 50.02%. Yesterday, it was expected to cut interest rates by 100 basis points in March.
The probability of one basis point is 0%.
In this current situation, only interest rate cuts and nuclear money printing running at full capacity can give the collapse of the North American capital market a lifeline.
One thing that a lot of people know very well is that the property market of Rabbit next door and the stock market of Eagle Sauce here are both huge bubbles hanging in the sky. Each one is waiting for the other party's bubble to burst first, and the other party will not collapse.
Don't dare to burst the bubble in your own market, because whoever bursts it first will be able to absorb the nutrients lost by the other party and enrich themselves. It will definitely be a complete supplement, and then they can come down from the sky safely.
Therefore, the expectations of those who opened long positions at the end of today are very clear. They are betting that the United States will never dare to let the bubble of the US stock market burst. In any case, no matter how high the cost, it must withstand it and cannot fall at this time.
Looking back at the toolbox, the only option is nuclear-powered money printing, and this thing is powerful enough and very effective, but the side effects are too great, and it is like drinking poison to quench thirst.
Even though you know you need to drink poison to quench your thirst, you still have to drink, otherwise you will die suddenly, so you must first drink poison to quench your thirst.