Chapter 282: Buy with your eyes closed
"Do you think the trading volume is even higher?" The next morning, it was still Wu Xuan's office, and when Chief Wu heard Wang Nuo's words, an extremely stunned expression suddenly appeared on his face, and he gritted his teeth and asked, "I have already made an analysis direction of the volume explosion according to your point of view." ”
"I mean......" Wang Nuo said with a smile, "No matter how high." ”
This is the fourth quarter, and I have raised the daily trading volume of rebar futures to one million lots, and it can't be higher. Wu Xuan almost went crazy, "The ten-day average multiplied by 3 is enough to consume the influx of funds, and the flow of funds is not just a single futures product, the subject of our analysis is the entire black futures." ”
"What if it's higher?" Wang Nuo asked with great interest.
"If it's higher, it's almost certain to go up. Wu Xuan frowned and said, "You should know that there is a short ceiling in the futures market." ”
Wang Nuo nodded, and Wu Xuan continued: "Hypothesis, I'm talking about hypothesis, if the trading volume of the futures market is explosive, it means that the battle between long and short is very fierce, or it means that one side of the long and short completely occupies the market, crazy, and ......."
"Forget it, judging from the current situation, if the trading volume can exceed the average daily million lots, it should be one of the two situations, so look back and analyze ......"
"The inventory in the fourth quarter is low, the general environment is to clear the production capacity, the market has continued to decline some time ago, the trading volume is appropriate, then both the long and short sides may win, the volume is excessive, then the bulls naturally have an advantage, the futures market will still be affected by the spot market, the bulls can buy unlimitedly, and the bears can't sell unlimitedly!"
Wu Xuan analyzed very simply.
In fact, this is also Wang Nuo's point of view, if there are only 10 million tons of rebar in the market, the bulls want to raise the price, and they can buy it wildly, but what about the short ones? Where does he get the unlimited spot? There is no way to stabilize the spot price, so he can only choose to crush the bulls in the futures market, and in addition the spot suppliers who have set up insurance policies due to rising prices, it is just to strengthen the encirclement and suppression of the bulls.
But the psychology of investors is very delicate, as long as the bulls have enough funds, they will eat as much as they want, and the trading volume will explode strangely, and then ...... The psychological price will be ** longitudinal.
It's a complicated issue, but when you put it all together, the current situation is an explosion of volume, and the bulls will have the upper hand.
"I'm inclined to think that this volume is a bit conservative. Wang Nuo shook his head and said to Wu Xuan.
"You must know that the price of black futures is discounting the spot price, and if the trading volume is too high, the water level will become shallower, which will affect not only the futures market, but also an economic proposition. Wu Xuan felt his scalp tingle.
Black futures, almost representing a large part of industrial materials, if their performance is abnormal, it is related to the country's economic lifeline, and it is not a futures market problem, but needs the support of the general environment.
Wu Xuan's headache was that he thought it was analyzing the futures market, and Wang Nuo directly looked at the national economic proposition.
It must be the comprehensive recovery of the industry that there will be the possibility of the collective dragon of black futures rising, and the bulls must firmly believe in this and make efforts for it, so that the futures market can walk in front of the real economy, leading the coquettish can also be said to be ...... Take away part of your future profits.
"I'm not sure, that's the same. Wang Nuo also had a headache, and he looked helpless when he spread his hands.
Wu Xuan looked at the futures market, but Wang Nuo began to look at the overall situation this day, but with his ability, it is still too difficult to see the big from the small, and it is not difficult to analyze the "small things" such as a certain stock, but it is really a bit difficult to see the overall direction.
That's something that even the country's tomes can't figure out, and it's a joke to let Wang Nuo analyze it by looking at the documents himself.
But......
"Then use your research report. Wang Nuo said to Wu Xuan first, and then put forward his own request, "I hope you will also help me make a research report, and the argument is ...... There is no upper limit on the trading volume, and the possible development direction of the market is given in different levels. ”
"What's the point of you doing this? Okay, okay, I'll do it for you when I sleep, anyway, the data is there, and it's not that difficult to make." Wu Xuan said helplessly, but he felt a trace of gratitude to Wang Nuo in his heart.
In the final analysis, Wang Nuo helped Wu Xuan and asked Wu Xuan to do something, it was not a big deal.
It's just that there is no upper limit on the trading volume, what is the effect of this kind of research report? Or did Wang Nuo see something?
Wu Xuan didn't say anything on the surface, but after Wang Nuo left, he immediately rummaged through the data and information, and finally ...... He retreated.
Wu Xuan guessed that Wang Nuo should have his own independent and different views on the market, and it was a shocking view, but to come up with this view, it would take more things.
Again, this is something related to the big proposition of the economy, give Wu Xuan ten Wanli Financial Research Institute, he may have the confidence to study and research, now...... Just help Wang Nuo get a research report, anyway, the data and information are ready-made, and the core variables have also been pointed out by Wang Nuo.
After returning to the research office, Wang Nuo rarely had some free time, financial analysts are like this, you give him a data and direction, and he will give you a research report with probability numbers.
The current mode of operation of the research office is that Lu Jianming and others are responsible for the work outside of decision-making, they first collect information and data, screen according to the requirements of the research report, and then make rigid reports based on these things, and finally Wang Nuo, Zhou Minghai, and Yao Shuliang use their own views to make decisions.
It's the same data and information, but it's the analyst's perception of the data.
At noon, Wang Nuo sent the research report determined by Wu Xuan to Ren Likun, this research report has no honest writing factor, and he is not worried about the consumption of energy at all.
As for whether Ren Likun believes it or not, and whether Wu Xuan can prove himself again, Wang Nuo doesn't care at all, what he can be sure of is that the views that Wu Xuan said in the research report are very likely to be correct, at least the arguments are accurate, and the increase in trading volume will definitely happen.
Therefore, Wang Nuo endorsed Wu Xuan's research report a little, and he didn't have much pressure.
The next day, Wu Xuan reciprocated the favor and sent the research report that Wang Nuo needed with black circles under his eyes.
At the first time, Wang Nuo skipped the elaboration of the argument and the derivation process of the argument, and directly looked at the conclusion: rise!
The higher the trading volume, the higher the probability of rising, this is Wu Xuan's research conclusion after comparing most of the similar scenarios according to Wang Nuo's requirements, although it is not ruled out that there is a certain probability of collapse, but the probability of rising is much higher than the probability of falling.
And Wu Xuan is also conscientious, he read a lot of big expositions in the economic field in the third all-night night, and gave a lot of available data and information, which proves the correctness of the conclusions of the research report, provided that......
The volume is really going to explode.
Until now, Wang Nuo bought 5,000 lots of rebar almost with his eyes closed, and then sat back and waited for market changes before adjusting his position.