Chapter 281 – The Powellian Listening Test
Jang Ho-young, CEO of Buffy Asset Management.
He has absolute confidence in his trading.
“Are you climbing?”
“Yes, according to the equity strategy team, the market appears to be returning to an uptrend.”
It’s because they’ve been on a winning streak for the past five years.
At Nasdaq, where investors around the world compete for supremacy.
‘Well, it’s going as expected.’
Confidence is worth filling up to the tip of the chin.
For an asset management company, there is no surer way to prove one’s skills than the rate of return.
“I see a market rise centered on the FAANG.”
“The five largest cap stocks.”
“The expectations for the upcoming CPI are also ripe!
That is, it is performing.
The story is that people who invested in their funds made money.
And rumors call rumors.
This is why so many VIPs come to the fund with their money.
‘Why would proud people in Korea entrust money to me?’
The market prospect that Hoyoung is looking at.
The downtrend is now over.
It is not an unfounded hope circuit.
The next data will be the inflection point of the stock market.
———————————————+
『Economic Calendar』
22:30 Core Consumer Price Index (YoY) (Oct)
22:30 Consumer Price Index (YoY) (Oct)
01:00 Yeonjun Powell’s Showtime
03:00 Fed Bullard’s Remarks
03:30 Remarks by Fed Williams
+———————————————
Consumer price index.
The CPI is the most important piece of data that determines the direction of the Fed’s monetary policy.
“Isn’t it time for housing costs to drop?”
“Yes, we are already seeing changes in the Zillow Home Price Index.”
What if prices are low?
There is no need to raise interest rates further.
Hoyoung expects that to happen.
‘It’s time for energy and housing costs to drop.’
Indicators published.
Of course, there is data to base it on.
CPI is the sum of energy, food and housing costs.
Find it in advance
If you collect the latest data one by one, you can roughly predict how the CPI will come out.
“If it falls short of forecast.”
“There’s going to be a lot of buying power coming in.”
“Okay, good. We’re betting on it.”
As a result.
I was sure it would break.
This is the reason why I bet on the rise as a representative of Buffy Asset Management.
‘Finally, the stock price is also very cheap.’
The market was tinged with fear.
With the selloff coming out, it collapsed by nearly 10% from the peak.
Buying opportunity.
There are people who think the same as you.
Since yesterday, it has been slowly raising its tail, and positive electricity came out.
———————————————+
『Nasdaq Composite Index』
7,409.78 ▲104.26 (+1.42%)
[Graph that increased all day yesterday.Jpg]
+———————————————
It was a successful buy-in.
It’s still only part of it, but if the CPI comes out as expected.
‘Full betting as it is… !’
Turn crisis into opportunity
Generate the highest returns.
Next year, we aim to be number one, not the top.
1 fund in the country.
Becoming an asset management company worth hundreds of billions of dollars has become a future that can be grasped with just a little effort.
Gulp!
The interlocking fingers are itchy.
If you do that, you can really achieve anything.
“CEO?”
“Hmmmm! How far did you say?”
“You’re betting.”
“Uh, that! If only the CPI is good, Powell will say something friendly to the market. Tell the management team to buy in advance.”
“All right!”
With one eye to see the market.
In the past 5 years since becoming independent from a securities company, it has climbed a long way.
Small asset managers have no choice but to engage in high-risk trading.
That’s because customers are entrusting their money.
‘If only this transaction succeeds.’
Can take a seat
We grow our assets stably without having to bear any more risks.
I want to get married too.
I have a child to watch out for.
It’s still immature, but it seems to be sprouting quite a bit.
‘It’s not just that a woman’s face is smooth.’
I met a lot of women like that when she was young.
Even now, when you register for a decision maker, you line up in order of being pretty and having a good body.
The conversation has to go through.
Even so, you have to have a perfect appearance to be able to say that you are suitable as a marriage partner.
[Sora photo.Jpg]
Such a woman
I wanted to be in reality.
Even if there is, it will not be filled with one’s last name.
‘The more I look at him, the better he is.’
Looking at the picture of Sora stored in the secret folder, he smiles with satisfaction.
Rather, she felt herself lacking.
Because of age
There is a barrier that there is a difference of more than 2 years old.
But it is a problem that can be overcome.
She has a high thirst for knowledge.
I also have a dream of becoming a trader.
If she is herself, she can make it happen and even support it.
‘Who else but me can do it.’
Looking at the picture on her monitor, Ho-yeong lets her imagination run wild.
* * *
Data.
It is regarded as an important data that determines the future direction of the stock market.
“Wow… It goes up all the way.”
“Isn’t this good?”
“The long pole bee stick is so fucking big!!”
Club members deserve to be confused.
The Consumer Price Index (CPI) just came out.
———————————————+
『Economic Calendar』
22:30 Core Consumer Price Index (YoY) (Oct) 2.2% 2.3% 2.2%
22:30 Consumer Price Index (YoY) (Oct) 2.3% 2.4% 2.7%
01:00 Yeonjun Powell’s Showtime
03:00 Fed Bullard’s Remarks
03:30 Remarks by Fed Williams
+———————————————
Fell short of expectations.
This means that prices (inflation) were not higher than expected by the market.
“Isn’t that a good thing?”
“There is such a point of view.”
“”Yes?””
“There are many ways to interpret the market.”
Not just one or two.
Macro Analysis Team.
Equity Strategy Team.
Equity Derivatives Team.
‘Because the United States looks at the market from multiple perspectives.’
Among them, there are things like this.
I don’t see any news or data in the market, I only follow the trend.
“CTA is a representative non-economic system fund.”
“Oh…”
“You mean you don’t follow the economic system?”
“There’s a way to trade like that.”
This is the reason why it does not plunge right away even when large-scale bad news rises.
The power to rise remains.
‘Until there is a major event that will break the trend.’
Data just before.
It was worth rekindling the fire that was about to be extinguished.
Although the market has yet to wake up from its illusions.
〈Hello.〉
(−1.0%)
It wasn’t long.
At 1:00 AM, Powell’s heart pounding listening test begins.
Tadak!
Widely! Tadadak!
At the same time, club members become busy.
Because you have prepared for this moment.
‘It wasn’t easy to create a trading program.’
Student level skills.
Time that was not enough.
But it’s not impossible.
If you’re targeting just one person, that is.
It is a voice recognition program exclusively for Powell.
〈 Declining inflation is good news, according to October data. But…〉
(+0.2%)
Powell is a lawyer.
The pronunciation is FM itself, and it boasts of strictness that does not use a single word carelessly.
‘That point.’
Easier to do the analysis.
Even if it’s just a speech that’s going on right now.
─Buy orders have been placed!
The first sentence is perceived as a good news.
But you have to listen to both Korean and English to the end.
〈 is just one month of data. We still need more proof.〉
(−0.4%)
Sure enough, he pours out hawkish remarks.
Anticipating that, I bought a put option.
“”Oh oh!””
“It’s coming down.”
“You’re screwing around.”
“How did you expect?”
“There is an omen.”
English is not as smooth as Korean.
And it has the characteristic of containing emotions.
‘When I say the opposite of what I said in the first sentence.’
But.
Rhymes in a more exasperated tone than usual.
Powell is also a human being and becomes strange.
─The forces are running amok!
Double Kill!
Triple Kill!
The following remarks are also hawkish.
No, I can’t find anything special.
We are analyzing it in real time.
It’s not just reacting to a few words.
“I don’t think the words my older brother told me to be careful of came out.”
“How likely is it that I heard it wrong?”
“No. We’re paying attention too…”
Words that go into speech.
Among them, the important ones are automatically classified by the program.
‘There’s also a manual.’
It is still incomplete.
Club members who are good at English are helping.
I looked at the results.
———————————————+
『Magic』
The face episode 2
Adjust 2 times
Increases 5 times
『Pigeon Pirate』
The extent 0 times
Of future 0 times
Increase 0 times
+———————————————
Tone down.
Even if it has a similar meaning, it means that it is interpreted softly economically.
It doesn’t look
“And…”
“I can tell at a glance when I organize it like this.”
“You mean the Fed hasn’t changed at all, even though the CPI has been good?”
“Okay.”
Data is important, of course.
But don’t be mistaken about why you see it.
‘In the end, it’s the Fed that makes the decision.’
What if the Fed doesn’t like it?
No matter how good the data is, it is meaningless.
─Chong Pil Morgan is massacring!
─Morgan Porkley is going crazy!
─You can’t stop Redman Sachs!
．
．
．
Why is the current market going down?
They notice one by one, centering on large institutions.
What that means is bound to be great.
It means that the future trend has changed.
“Sell futures, buy the put option at a rate of 8:2.”
“All?”
“I still have over 10 billion left.”
“The winner is at a time like this.”
The non-economic system (CTA) will also join.
The force that supported the uptrend changes its course to the downside.
Bull markets make big money.
In a down market, the Nasdaq is the place to suffer astronomical damage.
‘It’s not a place where you can be fooled by an idiot who analyzes it.’
I try to take a shower with shoeshine’s money.
