Chapter 91 Profit-taking
The next day, Milo did not go for a morning run.
After struggling out from Monica and Zeta Joan's pink fists and legs, he took a hot shower, put on his bathrobe, and walked into the dining room while drying his hair. He picked up the milk on the table and drank it, then sat on a chair and began to open today's newspaper.
Sure enough, New York newspapers never cover Hollywood for long.
Who says Hollywood is in Los Angeles? And for the past two decades, Los Angeles has been regarded as New York's biggest competitor.
Just like the newspapers in Los Angeles are lackluster when reporting on New York.
After finishing the breakfast brought by the maid, Milo closed the newspaper and prepared to change clothes and go out.
Milo walked out of the apartment building in a suit, tie, leather shoes, and a slim, neat blue cashmere coat. Dressed in professional attire, he walked out of the apartment building.
Under the protection of bodyguards, he got into the Cadillac sedan.
“To the investment company.”
The Cadillac started slowly, following the car of the same model driven by Kenny. From the Upper West Side along Park Avenue, it had to cross half of Manhattan to reach Wall Street, which is located at the tip of New York and faces the sea.
Although the car windows were closed, I could still clearly hear all kinds of curses and car horns on the road.
Milo smiled helplessly. What bad luck! He encountered the most famous traffic jam in New York.
He took out a notebook from his bag, opened it, slid the touchpad to open the novel folder in the notebook, found the "Harry Potter" file and opened it, reached out to open the workbench, put the laptop on it, and started writing the novel.
After making sure that everything was clean in London, he began to "create" this work.
He has already written the first volume of Harry Potter and the Sorcerer's Stone, which is nearly 230,000 words and is preparing for its release.
He is currently writing the second part, which he plans to release by the end of the year.
Unlike the original author who took eleven years to write seven volumes, Milo plans to finish it in three to four years.
On average, I produce two films a year, and once I have finished writing them all, I can start preparing for the filming of the film.
There was a severe traffic jam outside, and he had to sway every time he typed on his laptop.
I've only written a few lines and I've lost all my mood to write.
New York is too congested.
On average, every New York office worker wastes 74 hours a year stuck in traffic.
Of course, compared with Washington, which has the most congested traffic, as well as Los Angeles, San Francisco, and New York, it can only rank behind these cities, but it is also depressing enough.
I left home at nine o'clock and arrived at the investment company at ten o'clock in the morning.
When he arrived at the company, he threw the coat on his arm to David behind him, went to the trading room, called Nelson, and arranged the liquidation plan.
“Are you going to clear the warehouse?”
Nelson was a little surprised and felt it was a pity. "At present, the positive news has not been fully released. The market should continue to rise for a while."
He was talking about military industry stocks in the U.S. stock market.
As the situation across the ocean becomes increasingly tense, U.S. military stocks have been rising like crazy this month.
The stocks of several large arms companies have frequently hit record highs.
"Listen to me, Nelson. We've taken enough fish. It's time to retreat."
Milo insisted on his opinion.
Although there will be good news in about a week, he can't wait any longer.
A week later, the US aircraft carrier fleet there will begin to withdraw.
This means that Washington does not want to actually go to war with the other side of the ocean.
At that time, military industry stocks will definitely fall.
At this time, Paladin Investment's account funds in the U.S. stock market have reached 6.52 billion U.S. dollars.
Among them, the share price of US aerospace manufacturer Lockheed Martin hit a record high of US$220.3, an increase of more than 225%, and held chips of about US$1.3 billion.
Raytheon, a large American defense contractor, is at $110.4, up more than 300%, with shares worth $850 million.
Other military stocks, such as General Dynamics, Northrop Grumman, and Boeing Defense, have also seen staggering gains in just one month.
With such a high position, if you want to avoid losing the profits and cash out at a high level, you must take advantage of the current hot market sentiment and sell out as soon as possible.
I will wait until the historical high is reached in a week before leaving the market.
In the process of leaving the market, you will inevitably lose a lot of profits. You may even be trampled by others in the stampede of leaving the market.
"Sell the shares of Lockheed Martin when it announces a new round of C-130 military transport aircraft manufacturing plan."
"The market is trading hot right now, so you can be bold when selling Lockheed Martin shares."
"Henderson Ingalls Industries sold 4,000 lots, let's try to see if there is any support below."
"Boeing Defense was just about to deliver the F-15 fighter jets, so we sold all our positions and let others take over."
In the trading room, Milo walked back and forth, observing the market and giving orders.
1.8 billion chips were sold in four hours, among which Hengyuan Ingalls Industries was reduced from today's increase of 6.8% to -0.89%.
Fortunately, thanks to the still hot military industry stock boom, it was forced up again soon.
By the afternoon of that day, Paladin Investment had sold $1.9 billion of its more than $6.5 billion in chips.
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Only a few people are vigilant, while most people are still immersed in the market frenzy.
This is actually easy to understand.
Five years ago, the United States had just swept through the top three countries in military power in the Middle East.
There is no reason why, after five years, we would back off when facing the other side of the ocean.
Many Americans choose to forget that country, but it has powerful weapons in its hands and cannot be compared with a small desert country like Laki.
At this time, Americans only thought that they were invincible and number one on earth.
Everyone thought there would be a war.
Even if the United States does not fight the war itself, it will probably support others to fight proxy wars.
As the saying goes, a cannon shot is worth a fortune, and the same is true in the West.
Whether they fight the war themselves or through agents, companies like Lockheed Martin are sure to make a fortune from it.
Wouldn’t you be a fool not to buy military industry stocks at this time?
Milo's choice to withdraw at this time can only mean that he has poor vision, or it can be said to be a normal position adjustment.
So even many institutions, including Morgan Stanley and JP Morgan, which have been closely monitoring him, have discovered Paladin’s big move.
Most of them didn't care.
The next day, about $1.2 billion worth of chips were sold again.
On the third day, another $1.5 billion was sold off.
On the fourth day, Friday, the last billion dollars of chips were sold off and the liquidation was completed.
"The account has $6.64 billion in funds, $5.08 billion invested, and a profit of $1.56 billion."
Milo took inventory.
Of the $5.08 billion invested, only $300 million was his mortgage loan, and the remaining $4.7 billion was financed from a total of eight banks.
It is the funds leveraged.
The financing time is extremely long and a lot of interest must be paid.
Pay back the money, including the $400 million mortgage, and then pay the interest.
The rest, money that belonged entirely to him, was about $1.34 billion.
"Yes, Boss. That's $1.34 billion!"
Nelson's face was full of excitement and his hands were shaking slightly.
In about a month, he made a crazy profit of 1.34 billion US dollars in the stock market...
If this were to be released, it would definitely shock the entire Wall Street! (End of this chapter)