Reborn in 2014: A One-Man Tycoon
Chapter 13 The Modern Stock Market God
He made over ten million US dollars in one go.
But in the blink of an eye, they lost more than 70 million US dollars.
This huge drop is like riding a roller coaster.
Zhang Jie could barely accept it.
But Liu Qian felt her breathing become rapid.
Meng Chuan smiled and comforted Zhang Jie.
Meng Chuan didn't know what the lowest price of crude oil was today.
But he knew that not long after the market opened, news of war broke internationally.
If he had waited until $43 to buy, he could have earned more.
However, Meng Chuan was more worried about not having enough time. If he couldn't buy in time, the losses would be even greater.
Zhang Jie couldn't be as calm as Meng Chuan.
But he still obediently turned on the TV in the office.
However, there was no major news on the international channels.
Just as the atmosphere in the office was becoming increasingly tense.
A news broadcast suddenly appeared on television:
"Viewers, we have an urgent news briefing. Just now, our overseas correspondents received information that the extremist group 'Islamic State' has captured several locations in northern Iraq, including Mosul, as well as Baijji, the largest oil refinery in the Middle East. They have also disrupted the oil pipeline from Kirkuk to Turkey..."
Upon seeing this news, Meng Chuan secretly breathed a sigh of relief.
Although he was quite certain that news of the fighting had emerged this morning.
However, the exact timing is unknown.
What he feared most was that his presence would cause a butterfly effect.
If something goes wrong, Meng Chuan will truly be shattered to pieces.
However, Zhang Jie jumped up excitedly when he saw the news.
He is the bank president, and he has great foresight in the financial field.
He knew what this news meant.
Why has the Middle East been plagued by war for years?
The reason is that this place is rich in oil.
The Baiji refinery in Iraq is the largest in Iraq, and even the largest in the Middle East.
It accounts for about 10% of the annual production of crude oil in the international market.
That's quite a high percentage.
The Baiji oil refinery was occupied and the oil pipeline was destroyed.
That would inevitably lead to a significant drop in international crude oil production capacity.
A sharp drop in production capacity will inevitably lead to a surge in prices.
"It's going to rise, and it's bound to skyrocket."
Zhang Jie almost screamed.
And indeed, things turned out exactly as Zhang Jie had predicted.
When this news instantly became the headline news in various countries.
Financial markets are the most sensitive, and panic spread rapidly in the crude oil market.
In just a few minutes, the price of crude oil rose from $43 to $52.
Moreover, the upward trend continues.
It's important to understand that futures are different from stocks.
There is no price limit for futures; there is no upper limit.
As time went on, international capital, like sharks smelling blood, became increasingly attracted to it.
They started pouring in like crazy.
Moreover, crude oil is a strategic resource.
This is of great significance to every country.
For the country, money is not the issue.
Therefore, it's not just capital institutions that are entering the market, but also countries around the world.
When major countries began to rush into the market to buy.
The crude oil market went completely mad.
For a time, the entire crude oil market had only buy orders and no sell orders.
No one is selling, but someone wants to buy.
This will inevitably lead to a continued surge in prices.
Two hours later, the price had climbed from the initial $43 to $110.
Moreover, prices continue to rise.
Zhang Jie was so excited that he was dancing with joy.
It was as if he was the one who had won the money.
At this moment, Liu Qian also lost her usual icy and fierce demeanor.
She stared in astonishment at those big, watery eyes.
Covering her fragrant lips, she could no longer find the words to describe her feelings.
However, even in this favorable situation...
Meng Chuan suddenly made his move.
They were all listed for sale at $110 each.
"Are you... are you crazy? The price is still going up! How could you sell it already?"
Liu Qian exclaimed in surprise.
In the futures market, this is a once-in-a-lifetime opportunity.
If you miss it, you may never meet it again in your lifetime.
Given such a favorable situation, how could we possibly sell it?
Keep holding, and the money will pour into your pockets!
Liu Qian's exclamation startled Zhang Jie, who was gesturing wildly.
He quickly lay down to check and, sure enough, saw that Meng Chuan had already listed all the crude oil at a price of $110.
"Brother Meng, why are you doing this?"
Zhang Jie is going crazy.
When Meng Chuan listed it at $110, the price had already risen to $111.
For that $1 increase, Meng Chuan lost more than 400 million RMB!
But it was too late to regret it.
Meng Chuan had just posted the message when it was instantly killed.
Meanwhile, outsiders began to speculate about which institution held such a large amount of crude oil.
There are no secrets in the capital market.
It quickly became known to major institutions that the person who made the move was a retail investor.
The fact that a retail investor could have such a large order has made many people, both domestically and internationally, want to find out who this mysterious retail investor is.
However, none of this has anything to do with Meng Chuan anymore.
Faced with Liu Qian and Zhang Jie's shock, Meng Chuan simply smiled faintly:
There's a saying in the capital market: "Don't try to earn the last penny."
After seeing that all the crude oil had been sold out, Meng Chuan explained while processing the cash withdrawals:
"If I'm not mistaken, no country will allow crude oil prices to rise indefinitely. I estimate that the final price will not exceed $112 before falling back."
Meng Chuan was also acting out of safety concerns.
If he sets the price at $112 to sell.
If you can't sell them all in a short period of time, the price will plummet afterwards.
In that case, his losses will be far more than just 4 million.
It could be billions.
Meng Chuan didn't want to take any risks, so he decided to act decisively when the price reached $110.
And as expected.
When crude oil prices finally surged to $111.8.
The United States has made its move.
The United States announced that it will release some crude oil from its reserves to alleviate market panic.
It's not just the United States; many other countries have also released similar announcements.
After all, if the prices of these strategic materials continue to skyrocket, it would contradict the strategic policies of various countries.
If everyone starts hoarding crude oil, then the country will have less crude oil to obtain.
Even if the country can gain some benefits, it will have to pay a huge price.
Therefore, when crude oil prices reached $111.8, they began to plummet.
It dropped to $59 in just ten minutes.
Seeing this, both Zhang Jie and Liu Qian began to regard Meng Chuan as a god.
"Brother Meng, you are the stock market god of our time! I'm convinced, I'm completely convinced."
At this moment, Zhang Jie wished he could kneel down and kowtow to Meng Chuan.
He would never have believed it if he hadn't witnessed it with his own eyes and participated in the whole process.
It's unbelievable that someone could be so amazing.
Although Meng Chuan did not buy it at the lowest price of $43.
But that was when I bought them all at $44.
Although Meng Chuan did not make his move at the highest price of $111.8.
However, Meng Chuan accurately predicted that the price of crude oil would not exceed $112.
And under absolutely safe conditions, sell it all for $110 without reservation.
This is already astonishing.
If I hadn't known it was impossible.
Zhang Jie even suspected that Meng Chuan might have known the inside information in advance.
Some even suspect that Meng Chuan himself launched the war.
Liu Qian stared blankly at Meng Chuan, and asked incredulously:
"How...how did you know it would go up or down?"
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