Chapter 558 Locust plague! Skyrocketing!
After the price of soybean futures fell by nearly 8% in a row, it suddenly started to rise!
It's like riding a rocket, the price is soaring!
Just because Ma Xue and Chen Mo were bickering, the price soared by 1,300 yuan!
Not only did it break the previous high, but it also increased faster and faster. It was advancing all the way, rushing towards a higher peak! ! !
"It's gone up! It's really gone up!"
Zhao Shen screamed uncontrollably.
Zhao Kai stared at the computer screen. Not only were all the losses on his account wiped out, but at this moment, he even made millions!
Even if he closes his position at this price, his 40 million principal, after deducting handling fees, is still over 52.3 million!
"How long has it been? Only three minutes have passed since I started trading..."
Zhao Kai looked at Chen Mo dumbfounded.
He is also into finance and is naturally no stranger to futures.
But after being in this industry for so many years, Zhao Kai has never been able to play like this with futures!
In three minutes, the income will more than double!
This speed of making money is really faster than robbing a bank!
"It doesn't make sense...it's impossible..."
Ma Xue's eyes widened and she murmured absently:
"The big investors have just sold out and left the market. There should be a serious lack of market confidence. Even if it doesn't fall, it won't be able to rise as outrageously as it does now!"
"What...what is going on, Boss Chen?"
Shocked, even Zhao Shen, the deputy commander, admired Chen Mo. Even when he asked questions, he was respectful, as if he was asking for advice from his own teacher.
"Turn on the news channel and you will know all the answers."
Chen Mo said calmly.
Financial companies, around 2000, would definitely install TVs to view various news and information in real time.
Ma Xue couldn't help but turn on the TV in the office.
As soon as the TV was turned on, without even adjusting the channel, what came into view was a terrifying scene!
In front of the camera, above the endless soybean fields, there was a dense darkness, just like black clouds looming over the environment, completely blocking the sunlight for thousands of miles!
"It's... it's locusts!!!"
Zhao Shen took a breath of cold air and trembled: "Why are there so many locusts?"
"This is a locust plague!!!"
Boom boom boom~~~~
The next moment, countless artillery shells and incendiary bombs were fired into the sky on the screen!
Apparently, in order to eliminate the locusts, the officials even used thermal weapons.
Unfortunately, it is a drop in the bucket.
There are too many locusts!
Even reporters were bitten by locusts while reporting.
The locust plague passes through the country and not a single blade of grass grows!
The locust plague thousands of miles away is like a giant gluttonous beast, devouring everything in sight in the soybean field!
Chen Mo calmly opened the website of the agricultural department, pointed to the above report, and said calmly: "The locust plague has destroyed the largest soybean breeding base in Daxia, which will lead to a 50% reduction in soybean production in Daxia this year."
“In this case, how much can it go up?”
quiet!
Silence!
Everyone looked at Chen Mo with incredible eyes!
I don't know how long it took, Zhao Shen swallowed his saliva and asked in horror: "Chen...Boss Chen, how did you know there would be a locust plague?"
"I'm just not talented. I have learned some Feng Shui techniques from the Book of Changes." Chen Mo said calmly.
"Boss Chen, you used your Feng Shui secrets to deduce that the locust plague will happen?!"
Zhao Kai said in horror.
Chen Mo smiled and nodded.
"That's nonsense!"
Ma Xue gritted her teeth and said with a gloomy face: "It's just bad luck! How can anyone in this world predict the future?"
"Auntie, you saw it with your own eyes. I lost nearly 90% of my book value, wiped out the loss in an instant, and more than doubled my profit. This is a double price difference over time. Can this be explained by luck? "
Zhao Kai immediately retorted:
"Moreover, think about the time when Boss Chen asked me to enter!
Exactly one minute before the locust plague happened! "
"If you're even a few seconds later, you won't have a chance to enter!"
Ma Xue snorted, and was shocked by Chen Mo's ability to turn his hands into clouds and rain, but he still said stubbornly: "Whatever you say, I don't think this is his ability anyway.
Moreover, don’t forget, what Chen Mo wants to do today is to wipe out your 600 million deficit, otherwise, he will still lose! "
"I don't believe it. Soybean production is only reduced by 50%. How can its price skyrocket?"
indeed.
If calculated according to normal proportions, if soybean production is reduced by 50%, the price can be doubled, which is considered to be the highest.
Zhao Kai's leverage was only 400 million. Calculated this way, after deducting handling fees, he could earn 300 or 400 million, which is extremely high.
Earn 600 million a day?
This is nonsense!
Chen Mo ignored Ma Xue. He stared at the computer board and recalled the information about the market.
In the last life, the market price of domestic soybean futures peaked at 9,600 yuan. Then in the afternoon of the same day, domestic officials announced an emergency import of soybeans from other countries to curb the retaliatory price increase of soybeans. Immediately afterwards, soybean prices began to plummet. I don’t know how much capital I have to buy the bottom.
Chen Mo just planned to go long in the morning and short in the afternoon. In this way, both longs and shorts would be killed. He would become a real oligarch in soybean futures and make double money!
In this way, using 40 million principal to earn 600 million a day is no problem at all!
"Report the current price." Chen Mo said.
“At 7,800 yuan, the increase is still continuing, but the rate of increase is getting slower and slower.
Now I can’t increase my position even if I want to. Funds from all parties are sweeping up the goods, and no one is shipping. "
Zhao Kai reminded.
With this rising trend, even if the futures market closes, it is impossible to earn 600 million, or even 400 million.
Although, for Zhao Kai, this speed of making money is already a miracle and a myth!
but……
Zhao Kai and Zhao Shen both wanted to see Chen Mo take Ma Xue away!
In the following period, as Ma Xue expected, the price of soybean futures tended to be a relatively stable trend, with the increase becoming slower and slower.
Near noon, the price rose to 8,200 yuan, which was a bit too high.
Chen Mo stretched his waist and said, "It's time to stop trading. It's already afternoon when the market starts. Let's go eat first."
Ma Xue laughed mockingly: "Can you still eat?"
"I think you won't be able to laugh by the afternoon!"
"Based on this market situation, I will give you the best-case scenario, and you can earn up to 400 million yuan at most! If you are unlucky, you may end up earning only 100 million or 200 million yuan."
"When the time comes, Chen Mo, you will have to pay a total of 600 million yuan!"
After saying that, Ma Xue turned around and was about to eat.
"Mr. Ma, stay."
Chen Mo's voice came.
Ma Xue's high heels stopped for a moment, and she turned to look at Chen Mo with the corner of her mouth raised slightly: "Why, do you want to admit defeat now?"
"That's okay, there's still time."
"Because you have made some money for my nephew, and you are a talented person. As long as you are willing to work with me, I don't have to worry about you."
Chen Mo took a puff of cigarette and said calmly: "Mr. Ma misunderstood. I want to remind Mr. Ma that when you come in the afternoon, bring your personal seal and ID card. These will be used for signing the labor contract."
Ma Xue's delicate and pretty face turned cold again:
"You'd better think about how to justify your lies first! If you can't come up with the money when you lose, don't blame me for turning against you!"
After saying that, Ma Xue stepped on her high heels and rushed out the door.
After Ma Xue left, Zhao Kai quietly asked Chen Mo: "Boss Chen, how confident are you this afternoon?"
Chen Mo blew out a smoke ring: "Why, are you still worried?"
"Worried, of course I am worried!"
Zhao Kai said confidently: "If you can't win, won't my aunt still have to torment me in the future?"
