American Fortune Life

There are many people in this world, but in the final analysis there are only two kinds of people, one is to lead others to do it, and the other is to follow others to do it.

That is to say, if you don't play the leading role, you're just playing tricks.

"Bank of America no longer needs additional capital injection from the federal government and is expected to post pre-tax profits of nearly $50 billion in 2009 on operating income of $100 billion."

“This shows a turning point in the bull market. At the very least, we’re in a bear market rally that’s bound to last for a while. So now is not the time to sell short.”

"We can't still stand in the bleak atmosphere, it's time to look at something positive."

. . . . . .

"There's no clear reason for the stock market to bounce back, and if it continues to trade like this, it definitely points to another big selloff in the stock market."

"The Federal Reserve, the Treasury and central banks in other countries and regions have hit hard, but the impact has been minimal. People have gradually lost confidence and uncertainty has increased significantly." . . . . .

On March 10th, the day after the US stock market rebounded strongly, Andy couldn't help chuckling and shaking his head when he looked at the reports of the major American newspapers delivered in the morning.

The rhetoric bulls and the alarmist bears began to quarrel just as he imagined.

Especially when Andy read an interview about the stock market god Buffett once again uttered the bottom-hunting rhetoric, supporting the bottoming out of the United States and the turning point in the stock market, he was also quite surprised.

"The United States may have many opportunities in the future." Although he has been hit hard by the current financial crisis, the "stock god" Buffett still made bold words, saying that it is time to buy the bottom in the United States.

At this time, Buffett stood up and issued a bottom-hunting rhetoric, which is quite intriguing. After all, Andy Smith, who has become a "new hero", blew the clarion call yesterday alone.

As for how the outside world slanders Warren Buffett's ideas, Andy is not interested, but is very happy to see it succeed.

Yesterday's strong rebound really does not mean that today will continue to rise strongly, but today's rise and fall of US stocks has become a key node of whether it is a turning point.

The influence of Warren Buffett, the stock god, is beyond doubt. Although his reputation has been affected by the previous failure of "buying the bottom", his status and influence in the industry that has been touted for decades is really not what Andy can achieve overnight. Replacement.

Although there are few economic data and company news that can affect the market in the major media today, and stimulated by the surge in US stocks yesterday, global stock markets are also surging. Stock markets in the Asia-Pacific region and Europe also reported news of a rebound, and some stock markets even posted the largest weekly increase since the end of November last year.

However, when the stock market opens after dawn in the United States, the trend of the U.S. stock market on the second day after the rebound is the focus of the world's attention, 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 trap?

The attention received on the day of March 10 even surpassed yesterday's strong rebound. Andy also knows this. Only when the U.S. stocks continue to rise can the herd effect be triggered. You must know that investors all over the world like to chase the rise and kill the fall.

"My dear, although the stock market has rebounded strongly, gold has fallen below $900."

Ivana walked into the study with two cups of coffee in her hand, put one of the coffees on the desk in front of Andy, and put the other cup aside, then sat on another boss chair next to Andy, softly sound reminded.

"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 the back of her hand, and continued to explain: "Don't worry, the stock market rebounded strongly This is the main reason for the decline in gold futures.

Recently, the hedging characteristics of gold futures are very obvious. Its correlation with the trend of the US dollar exchange rate has become weaker, and it is closely related to the rise and fall of the stock market. Rising stock markets attracted some funds to withdraw from the gold futures market.

As soon as the quantitative easing policy comes out, the dollar, which has been rising all the time, will fall, and then gold will walk out of 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 with some hesitation: "Honey, you said that today's stock market will remain the same as yesterday's Is there a strong rebound?"

"It's hard to say. The key is the energy sector. Its drag on the broader market is not even a little bit. If banking and financial stocks do not exert their strength, they may fluctuate within a narrow range. Once they cannot dispel market doubts strongly, they are likely to stop rising and turn down...

To be honest, I don't have much confidence now. Pessimism is prevalent today, and we can only see the strength of Washington. I believe that Ao Guanhai will not let this opportunity go. According to polls, since he took office for more than 50 days, he The approval rate has dropped to close to 8%, I believe he is even more anxious! "

Andy also said with a dignified expression, I know my own affairs, one-third of the more than 10 billion US dollars he threw out yesterday was spent on buying back the stocks of Qualcomm, Starbucks and Gales Clothing. One-third of the funds were bottom-hunting Wal-Mart and Amazon, and only one-third of the funds were actually distributed to most listed companies.

This also includes companies such as Coca-Cola, IBM, Google, Apple, etc. He said that it will cost 10 billion tow, he is not really stupid to buy a lot, banking and financial stocks only bought Citigroup and He didn't even touch Goldman Sachs stocks and other bank stocks.

At 9:30, amidst the much-anticipated expectations, the U.S. stock market opened. What made most people happy was that, driven by bank stocks such as Citigroup, Bank of America, and MG Chase, the Dow Jones Index rose all the way in early trading, rushing above the 7,000-point mark go.

In addition, shares of Hewlett-Packard and Apple also contributed to strong growth in technology stocks. However, the performance of the energy and medical sectors was very poor, dragging down the gains of the broader market.

In any case, if we can continue yesterday's rally, it will mobilize the enthusiasm of a large part of investors and allow more funds to flow back into the stock market.

"Okay, honey, that's all for the time being, you should go to rest too, you've been sitting for too long." Andy looked at the rising stock index, more green and less red, and felt a little relieved, this is right all the time Sitting beside him, Ivana who was with him said softly.

Indeed, Ivana, who was sitting uncomfortable with her growing belly, nodded with a smile, and said softly, "Then you are busy, I will monitor the fetal movement."

Andy's eyes lit up, and he hurriedly stood up and helped Ivana up and said, "I'll accompany you."

"Hehe, there's no need, you can go ahead and watch the baby kick me when you monitor at night." Ivana said with a happy smile, her beautiful eyes smiling like crescent moons.

"Okay, then you be careful—"

As he said that, Andy helped Ivana out of the study room. The nurse on the sofa in the corridor saw Ivana coming out, so she stood up quickly and stepped forward to support Ivana.

"Okay, you go in." Ivana waved Andy back to the study, and she walked down the stairs slowly with the support of the female nurse.

Andy watched Ivana go downstairs before turning back to the study, closing the door, returning to the desk, checking the time, and turning on the video connection.