The United States stock market was mainly made up of the Dow Jones Industrial Average, the Nasdaq Index, and the S&P 500 Index. The movements of these three major indexes represented the rise and fall of the U.S. stock market.
In 2000, the internet economy bubble burst, dealing heavy blows to countless high-tech companies. They only gradually recovered by 2003, when the U.S. stock market entered a bull market that would continue for several years, until the Subprime Mortgage Crisis broke out in 2008.
Jiang Hao had records in his mind of many stocks that had performed exceptionally well during this period.
What, Apple, Google, Microsoft, and the like?
Investing in those stocks would certainly make plenty of money. For example, if you bought $100,000 worth of Apple stock in 2003, the return ten years later could reach around $5 million—a fiftyfold profit. Google went public in August 2004 at $85 per share; ten years later, in 2014, it was $590 per share, and by 2019 it had surpassed $1,000.
But in the short term, they could not compare to the stocks in Jiang Hao's memories. He knew of several obscure second-tier stocks that would grow thirty to fifty times over in just two or three years. Some would rise by more than a hundredfold, averaging two to three times growth every month. That kind of speed drove many people mad.
Of course, those stocks were generally small in scale, with total market capitalizations of only tens of millions or perhaps one or two hundred million dollars.
Checking the time, it was now 2:45 in the afternoon. The U.S. stock market closed at 4:00 p.m. Jiang Hao opened the software for the brokerage where he had his account, took out a loan through the firm, and activated fivefold leverage.
He