Boss Lu: A reborn life is destined to be without regrets! Chapter 16 - 14. Fight the Turnaround Battle2

After all, at this ti, the overarching the of "mass entrepreneurship and innovation" had already begun to stand out from the haze, and the active funds in the market were all shifting in that direction.

Subsequently, with further stimulation from sentint, news, and capital, the trend would only beco cleaner and more decisive, and the overall situation of the market would definitely intensify.

"Wow... the total inflow of market capital into this sector is still accelerating."

Zhou Sinin, who was not making moves but focused on watching the market, paused and then exclaid in astonishnt.

"The sectors of liquor, real estate, and banking, which have been declining, seem to have been stimulated as well, unexpectedly becoming the leading sectors in the market, and the banking-related sectors are quickly resurfacing after a brief downturn!"

The market slowly turned positive, with the Shanghai Composite Index being generally lifted, showing a very favorable situation.

"The Shanghainese steel market is also being pulled up."

"The entire Internet finance sector seems to also be resisting decline."

"It's only been a short while since the market opened, judging by this sign, could the Shanghai Composite Index possibly improve today?"

"This is inevitable."

Lu Jincheng, relaxed and smiling, watched the market screen and comnted.

"As the ti window gets closer to the day of the official announcent of the news, and as more and more investors who have insider information get involved, the performance on the market screen would naturally tend to be more consistent."

"After all, as the news becos clearer and the market trends beco more apparent, market opportunities are also rapidly vanishing."

Lu Jincheng and Zhou Sinin chatted and joked until 10 o'clock sharp.

Following a period of continuous changes in Minfu Developnt A, large sums of capital kept entering the sector, influencing and driving other large sectors like real estate, finance, ports, and logistics.

The Shanghai Composite Index definitively ford a clear upward trend on the intraday chart.

Of course, other than Lu Jincheng, a person reborn, there were also so institutions and speculators that had guessed the insider news and were frantically buying index stocks.

Looking at the stocks that were rampantly surging in the market direction and at traditional sectors like finance, logistics, real estate, and ports, which were rising dramatically without any significant positive news, the majority of individual investors were still utterly clueless, with no idea what was driving the market rally today.

"Traditional sectors are still okay; even though you can clearly feel that they are rebounding, the overall increase isn't significant. Minfu Developnt A, on the other hand, is strange—there were no positive developnts, yet it executes a clean consecutive rise."

Watching the market trend that was completely incomprehensible, an individual investor remarked.

"Perhaps it's really bottod out so much that it's bouncing back!"

"It doesn't look like it. A typical rebound from an oversold position usually happens when the volu is at its lowest, followed by a quick spike and then a slow selloff. But look, there's a lot of big money coming in now!"

"Whether it's a rebound or not, as long as we hold back from acting, we won't lose money."

"It's not just Minfu Developnt A; almost every stock that has seen a significant rise today seems strange."

"There must be so good news? Definitely, good news!"

"I feel there's good news too; after all, the main market capital is indeed flowing in the sa direction, and according to past experiences, these main capitals always seem to be ahead of others."

"Whether or not there is any good news, you can certainly feel that the market sentint has indeed improved today."

"So... should we buy?"

"Forget it, I've been cut too deeply recently; I need to take a break."

While individual investors discussed in groups and countless institutions and speculators violently hoarded shares, the ti approached 11 o'clock, and the Shanghai Composite Index slowly climbed close to a 1% increase.

anwhile,

Lu Jincheng's attention had completely shifted from the stocks he had heavily invested in earlier to the CSI 300 Index, which covers nearly all significant stocks in both markets, and its main futures contract.

At the sa ti, he moved the 590,000 yuan from his personal stock account into his bank card, and then transferred it to a futures trading account that could be used for transactions.

Mr. Lu's series of actions remained very steady because he simply couldn't rember the exact day when the market began its significant upwards trend.

He only rembered it was in September.

Therefore, at a ti when the market sentint was clearly warming up and there was a very low risk_detach of short-term declines in the index, it was the right ti for him to seize explosive profits from the market.

"The stock market doesn't make much, really not much."

"Just need to cover the famine, then casually play around a bit, and that should be enough."

While thinking, Lu Jincheng began building his position at 11:05 AM.

Index futures, unlike stocks, co with a strong leverage effect. Be it institutions, market speculators, or even major investors, there is a certain respect and caution towards them, so there are not many participants.

At this mont, the CSI 300 futures index was fluctuating near 2110 points.

"Forget it, let's do it!"

Lu Jincheng clenched his teeth and went all-in buying the CSI 300, waiting for fate to judge.

As he silently held his position, ti arrived at 11:20 a.m., and the market was still weakly fluctuating without any clear new hot spots breaking out.

"Stop watching, let's go have lunch."

Since he was all-in, Lu Jincheng felt that it didn't matter whether he watched or not, and he prepared to take Zhou Sinin for a break and treat her to lunch.

The market, which was about to turn from decline to rise, finally flipped, turning from green to red.

Led by the banking sector, a large number of core weighted stocks suddenly saw an outbreak of buy orders.

The long-underperforming Shanghai Composite Index instantaneously transford, becoming like a small-cap stock sparked by speculator interest, its index soaring straight upwards.

"Look, it's turned red."

As the two stood up and walked to the entrance of the exchange, passing by a large red screen, Lu Jincheng gave Zhou Sinin a faint smile, showing no excitent over the potential for his earnings to surge by tens of percentage points.

"My goodness...you're about to take off, aren't you?"

Although Zhou Sinin hadn't made her own positions in the stock index futures, she knew that Lu Jincheng's assets had at least surpassed the 500,000 threshold.

If today's index rose by 2%, with ten tis leverage, that would be a 20% gain!

Dancing on the thin edge of leverage naturally brought a unique thrill.

"It's just a bit of money."

Lu Jincheng crossed his arms, appearing calm on the surface but couldn't help but put on a smooth front verbally.

This ti, he did not discuss any market predictions with Zhou Sinin.

During lunch, the girl occasionally looked at him with eyes carrying a mix of admiration and awe, which said everything.

It's not about how strong the technology is, but about the earnings.

Real money clinked into his investnt account, and wasn't it just whatever Mr. Lu said goes?

Still the sa saying, if you dare to follow the trend at a critical point, even a pig will fly.

Frankly, what did he know about stock trading?

Even with his worth in his previous life, he had not made much in the stock market.

If not for the inherent advantage of knowing market trends as a reincarnate, Lu Jincheng would never have entered the stock market.

Even now that he had brought funds to the market, he was maintaining the most conservative strategy, just blending with the trend without even touching options.

...

Right up to the market's close at 3:00 p.m., Lu Jincheng's stock account, which initially had 590,000, saw an addition of 30% to its earnings.

Starting with loans, deducting various fees, his total assets reached 785,000.

20,000 in pocket money, and a balance of 765,000 in the investnt account.

"Tomorrow it's nearly a million."

"Let's clear the accounts after another week."

Even for high-risk situations like 714, it wasn't ti to demand repaynt from Mr. Lu.

Lu Jincheng stretched lazily in Zhou Sinin's car, his hair fluttered by the noon breeze through the window, feeling very good.

"There's completely no need to rush, just develop slowly."

After being tensely strung for several days, it was ti to go back to the dorm and get a good sleep.

Tomorrow's matters can wait until tomorrow.

We have tomorrow to look forward to, which is both the best and the worst thing.