Rebirth 2006, creating a super consortium

When Anxin returned home, it was already 21:32 in the evening.

He first lay on the sofa for a while, then took out his cell phone and made a sweet call to Li Hong. After they were intimate with each other for about 10 minutes, he let Li Hong go to bed early.

After hanging up the phone, An Xin stood up, put down her phone, opened the computer bag next to her, took out her laptop and peripheral mouse and keyboard and put them on the tea table, and then connected the peripherals one by one.

Then he walked to the TV cabinet and pulled out a socket, connected the computer to the charger, and after doing all this, he turned on the laptop directly.

After turning on the computer, Anxin manipulated the mouse to open the browser and directly clicked on the London Copper page that had been saved on the browser. Soon, the current price of London Copper was refreshed:

$6731!

Equivalent to RMB 59848!

Looking at the current price of London copper in front of him, An Xin raised his eyebrows, his expression somewhat surprised.

Before I went out last night, the price of London copper was still US$5310, which was a rapid rise caused by the news released by the mining giant.

What about this $6731 in front of us?

It is safe to know that the future copper price will rise to RMB 7 on July 14, which is equivalent to US$85550.

But is it useful to know the future maximum price?

It helps a little in terms of peace of mind at this time, but not much.

Because what he has to do is not to open a low-multiple long order, wait until it reaches almost the highest point and then sell it, and then be satisfied with making several times the profit.

Instead, we should use the highest price as an anchor point, carefully observe and analyze the specific trend of copper futures, and then roll the market through multiple high-leverage orders, and finally achieve the ultimate goal of reaping huge profits.

This really tests one's personal ability.

Something is wrong, I must have missed something!

An Xin, who was a little confused, immediately opened a new browser page and directly searched for relevant information about the copper industry.

[The Cerro Verde Copper Mine was suddenly ordered to stop production by the government due to environmental issues and needs to wait for re-approval from the Environmental Protection Agency]

[Freeport-McMoRan announces postponement of some copper spot delivery orders]

[Sources revealed: Lehman Brothers, Deutsche Bank and other financial groups were attacked by longs in the copper futures market, and the current floating losses have exceeded US$20 billion]

【Chile…】

Ok?

I stopped scrolling and scrolled back to the information about Lehman Brothers. I clicked on it and read it carefully.

After reading in detail this information which was released only three hours ago, An Xin's expression was quite interesting, with surprise, laughter, and gloating all included.

It’s so interesting. Could it be that the unlucky guys like Lehman Brothers and Deutsche Bank joined the short-selling army halfway through?

The most terrifying thing is not joining the market halfway, but being discovered by competitors as soon as you enter the market, and then being seized by the other party to reap the benefits.

After thinking about it, I calmly controlled the mouse to switch the page back to the London copper market. After setting up the K-line tools, I started to study it carefully.

After studying the K-line trend of the past day, An Xin opened the information of the total London copper positions and the historical long and short positions with some enlightenment, sorted out the changes in this information in the past day, and then cross-compared and verified them with the K-line trend one by one.

After working for about ten minutes, An Xin looked at the comparison results of London Copper in front of him and thought for a moment. He vaguely understood the average price range of short orders opened by consortiums such as Lehman Brothers and Deutsche Bank.

In order to verify whether what he thought was correct, An Xin immediately controlled the mouse to open a new web page, directly entered the official website of the New York Mercantile Exchange (COMEX), and pressed the space bar.

After entering the New York Mercantile Exchange, directly enter the information of New York Copper in the search box and wait for the jump.

Soon, the current price of New York copper appeared before our eyes:

$3.11!

Don't be surprised, the trading price of New York copper is calculated differently from that of London copper.

London copper is calculated by tons, while New York copper is calculated by pounds.

1 ton equals 2204.62 pounds.

So according to the international standard pricing method, the actual price of New York copper is approximately equal to:

US$6856.4/ton!

It is $6731 higher than the recent London copper price of $125.4 per ton.

An Xin ignored the current price and directly manipulated the mouse to set up the K-line tool of New York Copper. He pulled out its K-line trend for the past day, and then sorted out the total position and long and short position information of New York Copper, and carefully cross-compared and verified them one by one.

Soon, the comparison results of New York copper appeared in front of Anxin. Combined with the previous comparison results of London copper, Anxin completely confirmed her previous conjecture and had a rough estimate of the average price of short orders opened by Lehman and Deutsche Bank:

Between US$4400 and US$4500!

My goodness, he knew that Lehman Brothers and Deutsche Bank were notorious idiots in the financial industry in recent years, but he never expected them to be so stupid that they couldn't even eat shit while it was hot.

They really deserved it. In the financial crisis, some of these conglomerates went bankrupt, some had operational difficulties, and it seemed like they were reaping the consequences of their own actions.

In addition to confirming the previous conjecture, Anxin also discovered in the process of analyzing, verifying and comparing all the information that in the international capital market, the long-standing drama was staged again:

Join if you can't beat it!

Yes, as expected, it’s an old acquaintance. The Wall Street consortium led by Goldman Sachs and Morgan Stanley has joined the bull army again!

These consortiums led by Goldman Sachs and Morgan Stanley had previously cleared out a wave of short sellers through positive reports, laying the foundation for the next harvest.

Then they took great pains to unite a group of mining giants and launched a large-scale harvesting operation targeting longs.

The consequences of these two operations have made investors in the copper futures market cry for help.

But it is obvious that after harvesting most of the bulls in the futures market, the Wall Street consortium led by Goldman Sachs and Morgan Stanley had certain differences with the mining giants.

Consortiums such as Goldman Sachs and Morgan Stanley want to continue to push down copper prices and completely clean up their long positions.

Mining giants, on the other hand, need an ideal spot price to safeguard their business interests as spot delivery is imminent.

I originally thought that the two parties with opposite interests would engage in a small-scale long-short game.

However, it was unexpected that the consortium led by Goldman Sachs actually raised their hands in surrender and directly joined the mining giant's price-pulling operation.

Of course, the more likely possibility is that consortiums such as Goldman Sachs and Morgan Stanley learned from certain channels that their peers such as Lehman Brothers and Deutsche Bank were foolish enough to spend huge sums of money to join the short-selling army midway.

Without hesitation, it chose to cooperate with the mining giant again, and then turned its guns around and began to reap its peers such as Lehman and Deutsche Bank.

And this possibility is the highest, and it is also most in line with the interests of consortiums such as Goldman Sachs and Morgan Stanley:

Killing off or merging your peers is always the best option!

An Xin finally understood why the price of Shanghai copper reached a peak of 7 yuan on July 14 in the previous life.

Of course, this is Shanghai copper. If it is changed to the international copper futures market, the starting price will at least be US$10500.

Obviously, the truth is not at all as most of the so-called authoritative media in the past simply summarized afterwards, saying that the sharp fluctuations were caused by copper demand.

The truth is that after the capital consortium led by Goldman Sachs and Morgan Stanley smelled the opportunity, they hit it off with the mining giants and reached a final cooperation, launching a perfect harvesting operation against other capitals led by Lehman and Deutsche Bank.

A perfect harvesting operation involving billions of dollars in profits!

In her previous life, An Xin worked in the IBD department (investment banking department) at Huaxin Securities and Morgan Stanley, and her full-time job was to provide consulting, packaging and integration, IPOs, mergers and acquisitions, margin trading and other services to international companies.

Therefore, Anxin has a comprehensive understanding of his own market. On the contrary, as for capital market information outside his own market, apart from knowing the information of the highest and lowest prices of some market products, he does not have a particularly good understanding of the development and change process, as well as the deep core factors.

This is a problem faced by all financial practitioners. There is no one in the financial industry who knows everything, not even Buffett or Soros.

But after his rebirth, An Xin still has huge advantages that others don’t have.

That is, he knows what the capital market will face and what will happen, and he also knows the highest and lowest prices of some well-known capital market products.

Therefore, as long as you set the core anchor points of the highest price and the lowest price, and then combine the experience gained in your previous life to carefully observe and analyze the development and change process and the deep-seated core factors, you can achieve the goal of reaping huge profits.

That's enough, why do you need a bicycle?

After careful consideration, he happily controlled the mouse to close all information pages and directly opened the Shanghai Futures Exchange's trading software.

I want to know the trend of the Shanghai copper market which has already opened, and most importantly, how much floating profit the long order of up to 1400 lots has made.