The investment era of rebirth

Chapter 384 High and low switching in the plate!

"Okay!" Zhou Qiang responded, and then quickly issued trading instructions to the traders.

Subsequently, traders executed trading orders one after another and used their own capital accounts to further sell off stocks held in the 'military industry' field on a large scale.

At 10:26, the "military industry" sector index, which had already retreated to the opening position, began to fall further, showing an extremely weak trend. Among them... Hongdu Airlines, which had once blocked the daily limit, within a few minutes , the increase fell back to around 6%.

However, in the process of the once-changing concept of "military industry" falling rapidly, the main funds continued to flow out substantially.

As the core popular main line of the two cities, the two main line areas of 'infrastructure' and 'state-owned enterprise reform', the indexes of various concept sectors and industry sectors are still slowly oscillating and rising.

Of course, in the market situation, the two main lines of 'infrastructure' and 'state-owned enterprise reform' are closely volatile.

The best-performing sectors with the most earning effect are still low-level catch-up concept sectors such as 'public transportation', 'Shanghai Free Trade Zone', 'smart city', and 'high-speed rail', which showed a strong state at the beginning of the session.

At 10:31, in the "Shanghai Free Trade Zone" concept sector, which led the rise in the two cities, more than 6 low-level concept stocks rose by the daily limit. In the entire sector, the main funds have accelerated inflows, setting off signs of a daily limit wave.

At 10:35, the Shanghai stock index soared to 2245.49 points, setting a new intraday high and a new high in this round of rebound. The increase exceeded 1%, reaching 1.16%. The gains have also rushed to more than 0.5%, and the general rise of the two cities has initially formed.

At 10:42, Beixin Luqiao, the most popular leader in the two cities, returned to the 8% position, and it is likely to continue to hit the daily limit.

At 10:46, the small and medium-sized board and the GEM pointed the way. There were some changes in the field of "growth stocks" centered on "mobile Internet" and "smart phone industry chain". pull up.

At 10:51, the Shanghai Stock Exchange Index stood at the 2250-point mark, and the turnover of the two cities exceeded 600 billion.

At 10:55, Beixin Road and Bridge hit the daily limit again when the turnover was close to 17%.

At 10:56, Beixin Road and Bridge closed the daily limit, and the turnover exceeded 5 million, achieving three consecutive daily limit, further opening up the market's speculation space in the two main areas of 'infrastructure' and 'state-owned enterprise reform'.

At 10:57, driven by the closure of the daily limit board at Beixin Road and Bridge, further opening up the market speculation space, the two core main lines of 'infrastructure' and 'state-owned enterprise reform' were popular leading stocks in the early stage, such as Shibei High-tech, Shanghai Sanmao , Shanghai Steel Union, Shanghai Construction Engineering, China Fortune Land Development, Kumho Group... and many other stocks showed signs of rushing to raise funds on the disk, and their stock prices rose sharply.

At 10:59, under the circumstance that the core popular stocks in the fields of "infrastructure" and "state-owned enterprise reform" collectively rose violently, the stock index also showed a straight-line upward trend, breaking through 2255 points and 2260 points one after another in one breath. The intraday high was refreshed to 2263.33 points, and the increase also climbed to a position close to 2%.

Immediately afterwards, at 11 a.m., nearly 2000 stocks in the two cities, the number of red stocks reached 90%, and the money-making effect reached its peak after the market opened.

"The market volume can be released, and the sentiment is also following up very well."

At the moment when the Shanghai stock index broke through all the way and was approaching a 2% increase, inside Yuhang and Yuhang Investment Company, in the fund trading room, Li Meng stared at the rapidly changing market prices of the two markets and said with a smile: "Today's entire market situation, the sense of hierarchy It is very strong, and now the two cities are generally rising, and the general trend has basically taken shape, and there should be no surprises in the follow-up trend, right?"

"Well!" Su Yu replied with a smile, "If there is no special bad news in the market at the close of the noon, the index should maintain a strong state until the close, but..."

Su Yu paused, and then continued: "During the subsequent market trading hours, the increase in the index should not deviate too far from the current position. After all, the volume can be increased a bit too much this morning, and the market acceptance in the afternoon is definitely not enough. It will be so strong in the morning, and the power of the index to continue its upward impact will gradually weaken as the subsequent trading hours advance."

"There is no need to break through the big positive line." Li Meng said, "In this position, the index can maintain a strong state, continue to fluctuate, adjust the bargaining chip structure on the market, and further gather the market's profit-making effect and investors' long-term sentiment. It will be very good. It is not a good thing if it is too fast and the internal bargaining chip structure is unstable."

Following Su Yu for a long time, under the influence of her ears and eyes, she analyzed the market conditions.

It is also becoming more and more transparent.

Now she can clearly sort out the investment logic and market trends that she could not understand before, and find out the opportunities and risks.

Of course, in terms of actual use, she still can't be as precise and decisive as Su Yu.

But compared to her past, she can feel that her investment ability has grown significantly, and she can realize that her investment thinking and way of thinking are quite different from before.

"Master, the changes in the military industry sector today seem unusual!" While Li Meng was contemplating, Liu Yuan interjected, "When the index was not so strong at the beginning of the session, this sector was quite strong, and once rushed to the two markets. At the top of the growth list, but at the moment when the index continued to break through and the entire market has shown a strong profit-making effect, this sector has become even weaker. It has gradually fallen from the top of the two cities to the two cities. At the top of the decline list."

"It's not normal." Su Yu had already observed the abnormal performance of the 'military industry' sector, and asked many traders behind him with a smile, "Then what do you think... what caused this sector to have such an abnormal trend today? "

"There should be some bad news!" Wang Can replied first, "The capital flow of the entire sector has shown a large outflow, and in the market trading, it has continued to be weaker than the performance of the two market indexes. The major core stocks in the sector, the market There are also endless sell-offs, and this can only be because there are potential important negatives, and the main funds will sell chips at a low level and escape from this field."

"Oh?" Su Yu was noncommittal when he heard Wang Can's words, and continued to ask, "Why did this sector go up at the beginning of the market? If there is a potential important negative impact, then this sector should be in a weak state after the market opens. There is no reason to get out of this kind of sudden pull and drop pulse fluctuations."

Hearing Su Yu's words, Wang Can smacked his lips, not knowing how to analyze this trend.

"It should be caused by the continuous outbreak of the two core main lines of 'infrastructure' and 'state-owned enterprise reform', and the siphon effect of the market." Zhao Lijun took the words and said, "Looking at the overall performance of the market, it is not only the military industry that is bucking the trend at the moment. In the field of "big finance" such as banking, insurance, and securities, as well as the consumption and pharmaceutical sectors, they are also sluggish today. Among them, banking and securities are weaker than the military industry, which is also a downward trend against the trend of large capital outflows."

Hearing Zhao Lijun's analysis, Su Yu nodded slightly, and said, "There is the main line of the market and the siphon effect of funds on other weak areas, but it's still the same sentence... A simple 'siphon of funds' cannot explain the military industry in the early days. Straight up, a pulse trend that was once explosive and rapid.”

"At the beginning of the session, the sudden surge in the military industry sector should be a lure, right?" core trader Zhu Tianyang answered.

Su Yu glanced at Zhu Tianyang with a smile, somewhat relieved, and continued to ask: "From now on, it is obvious that the rush at the beginning of the market is to lure more, but what is the purpose? What is the purpose of the main funds to lure more?"

"The purpose of attracting more is naturally that the main funds want to sell at a high level." Liu Yuan answered the words, paused, and after Su Yu's reminder, she had roughly clarified the logic of market changes in the 'military industry' field, her eyes lit up , and continued, "I understand, master... this is the main fund lurking in the 'military industry' field, and it is taking the opportunity to lure more to sell and complete the move of rebalancing."

Su Yu nodded, and said with a smile: "To be precise, it is through the position data released by our fund that a small number of positions in the military industry field are used to lure more stocks and attract some investors in the market to follow suit, in order to increase the number of military industry The market liquidity in the field allows them to better exit their positions, and at the same time reduce their losses."

"If I'm right..."

Su Yu paused, and said: "This should be the main funds of large institutions in the 'military industry' field, self-directed and self-acted self-rescue and warehouse adjustment."

"Speaking of which, the main funds withdrawing from the 'military industry' field are considered smart."

"However, the investment logic in the military industry essentially requires strong external events and policy stimulus, and there is no such positive wind in this direction."

"So, even though this main force of funds had a short-term market in a straight-line riot at the beginning of the day."

"However, in the absence of basic investment logic, following the trend, and the serious shortage of main funds to follow the trend, it failed to pull up the market, and this became a pulse-like fluctuation of rising and falling."

"Of course, in the process of failing to pull the market and the market gradually falling back."

"So much of the main funds in this sector can flow out, and the selling can be so heavy, it is also due to the 'fund siphon' effect on this sector in the main market sector that Lijun said."

"And, predictably..."

"With the market situation, the two core main lines of 'infrastructure' and 'state-owned enterprise reform' are increasingly converging. There is a lack of basic logical drive for the market, the effect of losing money is obvious, and there is no room for imagination and future expectations in the industry and sector. , this 'fund siphon' effect will become more and more serious."

"All in all, the amount of incremental funds in the market is still unable to support a comprehensive and continuous market."

"No matter how the market conditions and emotions are interpreted, the market will only produce partial investment conditions, and its differentiation trend will not change in any way."

"Understood!" Liu Yuan responded.

In the trading room, the other traders were somewhat enlightened by the analysis of Su Yu's words.

"If the market has always been in a partially differentiated trend, it should be difficult for the index to really stand on the bull-bear line of 2500 points, right?" After listening to Su Yu's analysis, there was a silence for a while, and Zhao Lijun continued, "So... the index It has to last for a long time in a volatile pattern, and our take-profit targets on the two core main lines of 'infrastructure' and 'state-owned enterprise reform' are probably when the Shanghai stock index hits around 2500 points."

"It's almost like this." Su Yu nodded slightly, "But this is only our preliminary expectation. How will the market go in the future? With the continuous entry of off-market incremental funds, what kind of situation will the amount reach, and on the macro level, Whether there are any major positive announcements that exceed expectations ... these are variables."

"The market is closed!" Li Meng suddenly reminded while everyone was discussing.

At this time, Su Yu came back to his senses, and turned his attention back to the fixed market of the two markets.

I saw that after 2 hours of continuous trading in the morning, the Shanghai Index was finally fixed at 2255.37 points, up 1.62%, while the Shenzhen Index and the ChiNext Index rose 1.26% and 1.08% respectively. Can have a significantly enlarged performance.

And aside from index performance...

The core of the market hype in the two cities still revolves around the two main lines of 'infrastructure' and 'state-owned enterprise reform'.

Among them, 'Shanghai Free Trade Zone', 'Public Transportation', 'Rural Revitalization', 'High-speed Rail', 'Real Estate' and other sectors led the gains, while 'Military Industry', 'Banks', 'Securities', 'Pharmaceutical' and other sectors Leading the decline, the two main lines of 'Mobile Internet' and 'Smartphone Industry Chain' closely followed the fluctuations of the broader market index.

As for individual stocks, Beixin Luqiao, the concept leader in the two cities, continued to seal the daily limit and continued its strong state. Shibeixin rose 6.37%, Shanghai Steel Union rose 5.22%, Shanghai Sanmao rose 4.89%, high-tech development, Shanghai Construction Engineering, Huagong The international and other votes rose by more than 3%.

'Infrastructure' and 'state-owned enterprise reform' early popular large-cap stocks.

Stocks such as Huaguo China Railway, Huaguo MCC, Huaguo Communications Construction, Huaguo Construction, Gemdale Group, Huaguo Baosteel, Conch Cement, etc., rose slightly stronger than the Shanghai Index, ranging from 2% to 3.5%, showing high levels one after another. Heavy volume, a strong and volatile pattern, and very intense trading.

Facing such a closing situation at noon...

The investor groups in the entire market are relatively excited and excited.

After all, except for a few weaker sectors, the market’s overall money-making effect is extremely strong, and the index closes at noon, almost closing near the highest point in the session. Investors who chased after high positions basically made money at the moment the market closed at noon.

"It's a good start, let me just say, the market will definitely not be bad after the festival."

During the lunch break, on the online stock trading forums, groups of profitable retail investors expressed their opinions one after another with high spirits and excitement.

"Haha, the volume has risen sharply. As expected...after the index crosses 2200 points, it's really flat."

"This wave, at least 2500 points."

"What are you looking at at 2500 points! It's going straight up to 3000 points. Even President Su said that this is the starting point of the bull market. Is there any pattern?"

"Haha... Indeed, it must be 3000 points!"

"Today's market conditions are still being hyped around the two main themes of 'infrastructure' and 'state-owned enterprise reform'!"

"However, the specific concept of speculation seems to be different from that before the festival."

"Well, it's different. Today, Huaguo China Railway, Huaguo MCC, Huaguo Communications Construction, Huaguo Construction... the two major core stocks of 'infrastructure' and 'state-owned enterprise reform' before one vote, have nothing to do with it. On the contrary, many main-line stocks with less pure concepts that have lagged behind these popular stocks have risen very well."

"Yes, concepts like the 'Shanghai Free Trade Zone', 'public transportation', 'high-speed rail' and other concepts, the rise of many stocks in the sector has far exceeded the previous batch of popular stocks."

"Speaking of it... today is more like a supplementary market for low-priced stocks."

"To be precise, it's more like the supplementary growth of low-end stocks within the two core lines of 'infrastructure' and 'state-owned enterprise reform'. Other low-end stocks, such as a large number of low-end stocks in the banking, securities, and military industries, still have no How to move, and there are still a lot of votes, and it has reached a new low."

"The military sector, today's performance is really outrageous!"

"Not only is it outrageous, it's simply outrageous."

"Hey, don't talk about it, I chased Hongdu Airlines in the early trading, and now I am vomiting blood with anger, what the hell... What kind of garbage main force, such a good market trend, the first board can't be sealed."

"Military industry is obviously attracting more people today, but luckily I didn't join."

"Let's not talk about the military industry. Banks and securities, the two super-big stocks, must not go up."

"Yes, it's no good if the securities go up. Fortunately, there is no funds to invest in securities today, otherwise the market will be in danger. I hope this sector will not move in the afternoon and give the market a chance to go through the third line."

"However, today's market, although it is a bit like a high-low switching market within the sector, but the leading stock of Beixin Road and Bridge has reached a new height of market speculation."

"Indeed, sure enough...the strong are still strong!"

"If there are three, there are five. Today, after Beixin Road and Bridge changed hands and the daily limit has changed sharply, it should be able to show that the bargaining chip structure of this stock has changed from divergence to consistency. Maybe it will even be linked later."

"I also feel that this leading stock can still connect to the board, but I didn't dare to buy it today, mainly because it changed hands too much."

"Looking at the data of the after-hours dragon and tiger list in the afternoon, if President Su still locks up the position, it is estimated that Beixin Road and Bridge will go on the accelerator in the future."

"Hey, compared to Beixin Road and Bridge, Shibei Gaoxin still feels much weaker!"

"After all, Long Er, you can't give too high expectations."

"However, depending on the change of hands of Shibei High-tech, there may be boards in the afternoon."

"Shanghai Sanmao is relatively good. I feel that the 'Shenzhen Three Musketeers' teamed up should be to create a monster stock."

"I feel like I can buy them all. Looking at the trend...these tickets should not be at the top."

"I didn't say that, I will continue to increase my position in the afternoon. This May should be the best time to make money in the first half of the year."

"Yes, the two major themes of 'infrastructure' and 'state-owned enterprise reform' are definitely the strongest market themes this year. They can be compared to last year's 'mobile Internet' and 'smartphone industry chain'."

During the heated discussions, the time quickly moved from 12:1 noon to [-]:[-] pm.

And when the time passed 1 o'clock in the afternoon, the stagnant disks of the two cities also began to beat again, and after the midday mood brewing, the two main lines of 'infrastructure' and 'state-owned enterprise reform', which are the core concerns of the market, popularity, On the market of popular individual stocks, a large number of follow suits and rush to raise funds have ushered in one after another, causing their stock prices to rise in a straight line.

(End of this chapter)