Chapter 956 [Consume a Wave of Stock God Old Man]

It is Monday, April 6. Today, the A-share market is closed because the Qingming Festival is a statutory holiday. It will not open until tomorrow, Tuesday.

However, the FTSE A50 futures index, the three major North American stock index futures, the Hang Seng Index, Japan, crude oil and other markets are open normally. Judging from today's global market performance, the situation is very good.

The A50 index rose violently by +2.30%, the three major North American stock index futures rose by more than +4%, and the Hang Seng Index also rose by +2.50%, and the Nikkei Index also rose by +4.17%.

Then the European stock market opened, the German DAX index rose by more than 5%, the British FTSE 100 index rose by nearly 3%, and the French CAC40 rose by +4.48%. The three European idiots also took off.

The performance of major capital markets around the world has shown a sharp rise.

For the A-share market, if nothing unexpected happens, there will be a sharp gap-up opening tomorrow, and there will be positive news of reserve requirement cuts at the weekend.

The global capital market has emerged from a strong counterattack today, and the main factor is the news.

Two major good news came out over the weekend. One is the impact of the increased probability of signing a new round of crude oil production cuts. The other and most important is that the number of new cases of the global epidemic has declined significantly, and finally there is a turning point signal, at least from the data point of view.

Johns Hopkins University released the latest statistics on the global epidemic. Yesterday, April 5, the number of new confirmed cases worldwide was 74,700, the first decline in a week.

Among them, the two most serious countries in Europe, Italy and Spain, have shown a trend of declining new data. Among them, Italy had 4,316 cases yesterday, which was the third consecutive day of decline. Compared with the peak data, it has decreased by more than 30%.

An important judgment of global investors is that the top of the epidemic should be the bottom of the stock market.

Moreover, the global market was almost suppressed and crazy. As soon as the latest epidemic data came out, investors in major markets showed a bottom-fishing mood, so they soared.

However, against the backdrop of a sharp rebound in the stock market, today's international crude oil market opened sharply lower, with Brent crude oil opening lower by more than -6%. Although it began to rebound upward after opening lower, it was still unexpected.

Speaking of which, the crude oil futures market has recently achieved the largest weekly increase in nearly a year, largely because the meeting between the Organization of Petroleum Exporting Countries (OPEC) and Russia to discuss crude oil production cuts was postponed to April 9, so there are still a few days to continue to speculate on expectations.

Now the United States, Russia and Saudi Arabia are arguing over the issue of oil prices.

But this seems to be an unsolvable problem for the United States, because the United States hopes that Russia and Saudi Arabia will reduce production to ensure the stability of oil prices.

And Saudi Arabia and Russia also hope that the United States will reduce production together, and Saudi Arabia also requires that the frozen money be returned quickly, otherwise everyone will be finished.

But the United States said roguely that whether Magnesium should reduce oil production should be decided by the market.

As for the repayment, he was also hesitant and evasive. It was clear that he didn't want to pay back the money, but he couldn't say it too decisively, after all, he was begging someone for help.

In fact, the Americans knew very well that if they cut production, North American shale oil and gas would still be doomed.

A group of cunning people in the capital market saw it very clearly. That is, last Friday, although oil prices continued to soar, the stock prices of large energy giants such as Occidental Petroleum, ExxonMobil and Chevron were all falling. The reason was the pressure of production cuts from Sat and Russia.

Only when oil prices rise and North American oil companies do not cut production themselves, can those energy companies in North America survive.

But the problem is that Sat and Russia are not fools.

It can be seen that this problem is not as easy to solve as it seems on the surface. The fact that the stock prices of those energy companies have not moved or are even diving is the best proof.

...

In the afternoon, Lu Ming paid attention to another piece of news, that is, Warren Buffett sold Delta Airlines.

This matter is currently being analyzed and interpreted by various investors at home and abroad. According to Reuters, Berkshire Hathaway sold 13 million shares of Delta Air Lines, about $314 million, at prices ranging from $22.96 to $26.04 this week.

The stock god bought the company's shares at prices ranging from $45.48 to $47.14 on February 27.

In addition, the stock god also sold shares of Southwest Airlines in North America a few days ago. Berkshire Hathaway is one of the largest shareholders of the four major North American airlines, namely Delta Air Lines, Southwest Airlines, Magnesium Airlines Group and United Airlines Holdings.

Looking back more than a month, when the market began to panic and fall on February 27, Berkshire Hathaway bought Delta Air Lines again. If this investment is calculated at an average selling price of around $24, the stock god lost 50%, which was halved.

The stock god's sale of airline stocks at a loss has caused many investors to worry that panic selling will follow. After all, even such long-term value investors are not optimistic about airline stocks, and the panic caused may have a chain reaction.

It must be said that the panic of the epidemic pushed the aviation industry into the biggest crisis in history. The stock god began to buy airline stocks in the third quarter of 2016. At that time, the average share price of Delta Airlines was around $38, and then it went up all the way. During this period, Berkshire continued to increase its holdings.

Now, the company's stock price has fallen to the level of around May 2013. This wave of stock god is a blood loss.

At this moment, Lu Ming saw this news, thought about it and immediately decided to sing a different tune from the stock god. Tiansheng Capital has developed to this height today, and it needs the capital of the world to interpret a signal, that is, Tiansheng Capital has always been able to maintain accurate judgment of the market and can continue to win. It is necessary to plant such a thought stamp in the outside world.

With such an opportunity, Lu Ming will definitely not let it go. He has to consume the stock god. Although the old man is old, who asked him to give the opportunity? It can't be blamed that the young people are not martial arts, so he immediately logged into the social media account that has not been online for a long time.

Then I attached the link to the news report about the stock god selling airline stocks, and edited a paragraph to update it:

[In just one month, Berkshire bought Delta Air Lines shares at $45 and sold them at a loss at $22. Mr. Buffett once said: "When the market is down, you can easily sell good things at a discount, but once the market goes up, it is very difficult to buy them back." What kind of market expectations did the old man see that made such a decision?

Is the big bear market coming?

No, the big bear market came a month ago and has been a bear market for a month. If you still think that the big bear market is coming, then you are really in the bear market.

It's hard to say in the long term, but in the short term, Delta Air Lines is still expected to return to a price of more than $50 in the next year. The old man was a bit hasty to sell at $22. 】

……