The investment era of rebirth

Chapter 399 The Bearish Undercurrent!
After the market closed at noon, faced with such a market trend.

The vast majority of investors, excited and excited, still account for the vast majority. After all, the index has been rising for eight consecutive days before, and if it can continue to rise today, it is a strong performance. Of course... During this period, there are very few investors The group of investors is beginning to realize the trend of the market, and it seems that there is some obvious decline.

However, at noon, the positive news from the market quickly raised the bullish sentiment in the market, which had fallen back slightly, and eased the worry in the hearts of a small number of investment groups.

According to market news...

The regulators stated that they will strengthen the construction of the domestic financial market, provide more channels for capital to enter the market, and encourage more long-term investment funds such as insurance, trust, enterprise annuity, and pensions to actively enter the market, and improve delisting system.

With such good news, the market reopened at 1 o'clock in the afternoon.

I saw that several major indexes and many popular stocks rose rapidly one after another, and the entire market ushered in a wave of relatively violent fundraising behavior.

However, this concentrated scrambling for funds did not last long.

At 1:08, after hitting the highest point of 2461.29 points, the Shanghai Stock Exchange Index fluctuated and fell again. The market that had generally risen a wave, except for the two core main lines of 'infrastructure' and 'state-owned enterprise reform', also followed the index. The shock fell and weakened again.

At 1:20, the Shanghai Stock Exchange Index fell back to around 2450 points. The positive noon did not really change the market trend, and further stimulated the market strongly.

At 1:30, the Shanghai stock index fully recovered all the gains stimulated by the good news in the afternoon, and once again fell into a volatile situation in the range of 2440 to 2450 points. The direction of flow is also further concentrated in the fields of 'infrastructure' and 'state-owned enterprise reform'.

At 1:45, the pulsating financial sectors such as 'securities, banks, and insurance' turned green again.

At 1:55, in the two major areas of 'infrastructure' and 'state-owned enterprise reform', there was also a relatively obvious trend of differentiation. The core popular stocks became stronger and stronger, and the non-popular concept stocks began to increase in volume gradually. Gradually increasing, there are obvious signs of falling from high levels.

At 2:02, Shanghai Sanmao, which had originally closed its daily limit, experienced a concentrated increase in volume. The daily limit was opened, and the stock price fell rapidly. A large number of popular stocks such as City Construction Engineering, Shibei High-tech, Beijiang Communication Construction, Beixin Road and Bridge', etc. have also begun to show slight signs of heavy volume on the disk, and the bargaining chip structure on the market has loosened.

At 2:10, the Shanghai Stock Exchange Index retreated below the 2440-point mark and returned to the position below the opening position in the morning. At the same time, the K-line chart , leaving a crosshair with a long upper shadow.

At 2:20, the Shanghai index fell back to the 2435 first-line position. At the same time, the time-sharing volume of the two cities can be further reduced, the trading volume has become lighter, and the differentiation and layering of the market has become more and more obvious. The entire market , Active funds outside the market, and then further gather in the two major areas of 'infrastructure' and 'state-owned enterprise reform', where the most profitable and emotionally hottest small-scale hot stock areas converge.

At 2:30, after the continuous time-sharing shrinkage, the main follow-up funds began to re-increase their positions and increase some conceptual stocks in the fields of "infrastructure" and "state-owned enterprise reform", which drove the index back to 2440 Point line, maintaining a strong shock state.

"Except for the fields of 'infrastructure' and 'state-owned enterprise reform', there are still no opportunities in other directions!"

Seeing that the time has moved to 2:30, the hotspots of the two cities still remain in the two main areas of 'infrastructure' and 'state-owned enterprise reform', and the differentiation trend of the market is more obvious. At this moment, Su Yu's In the main group of Yuhang hot money, someone said with a little worry: "I feel that with the current positions of the two main lines of 'infrastructure' and 'state-owned enterprise reform', the group of investors who dare to follow suit at this stage is rapidly declining. The market volume Whether it can be released further, the sellers on the market and the buyers outside the market have begun to fall into a wait-and-see attitude.”

"Indeed, looking at the market index and market trends, it is obvious that the wait-and-see sentiment in the market has begun to grow stronger."

"Market confidence is not as strong as expected. The two main lines of 'infrastructure' and 'state-owned enterprise reform' are only at this position, and buying has begun to decline significantly."

"Active buying is declining, but passive buying is still quite strong."

"Yes, as long as the index falls slightly, and the stock prices of high-quality core stocks in the two major fields of 'infrastructure' and 'state-owned enterprise reform' drop slightly, the buying volume will be instantly released. This proves that everyone is very concerned about the market conditions of these two main lines. Although the sentiment of chasing high is declining, the logic of firm optimism has not changed, everyone... just wants cheaper chips."

"There is no other low-level main line concept market, which forms a run on funds for the two core main line markets of 'infrastructure' and 'state-owned enterprise reform', so...as long as the core investment logic and future expectations of these two main lines are still there, after the brief shock , the various funds that can’t get cheap bargaining chips will still follow up.”

"Although the market situation, on the surface, seems to be divided, but under the pattern of falling volume and rising volume, rising volume shrinks, the problem is not big."

"Many leading stocks with popular probabilities can obviously go up a little bit."

"Although the overall net inflow of funds is slowing down, the net inflow is still continuing after all."

"According to the market trend, even if the market enters a possible adjustment stage, the core hot stock areas of the two main lines of 'infrastructure' and 'state-owned enterprise reform' are also the areas with the most liquidity and the least risk."

"The two core themes of 'infrastructure' and 'state-owned enterprise reform' have attracted a huge amount of funds in the past half a month, right? Such a huge amount of funds is heavily held here, and the news is constantly positive. Although the wait-and-see sentiment has risen, the bulls are still in good shape, and there is a high probability that this will not be a selling point, but a stage to continue holding positions.”

"The Shanghai stock index is only a short breath away from the 2500 mark, almost 3% away. This breath... When we get here, we have to raise it anyway, right?"

"Well, from the perspective of sentiment and expectations, the 2500-point mark is the expected goal that everyone agrees on."

"Even if you want to sell, you have to wait until the index hits 2500 points."

"Looking at the trend of Beixin Road and Bridge, Mr. Su is definitely still locked up today. This weathervane stock keeps moving, so the risk of the market turning suddenly is not big. Keep locking up, and I will try it out with a big picture."

"However, this is good news at noon today, and it really didn't cause much reaction to the market!"

"Even the supplement based on the 'Nine Articles of the New Country' is actually not good news beyond expectations, and the market reaction is limited, which is also understandable."

"As long as the two main lines of 'infrastructure' and 'state-owned enterprise reform' are still the core of the market, we can continue to hold shares and continue to make markets around these two main lines, but today's market is getting more and more popular with the core market. Stock concentration tends to develop.”

"The stock price is relatively high. Under such circumstances, it is normal for funds to gather in areas with better profit-making effects, higher popularity, and greater liquidity?"

"Well, it's normal, but it also shows that there are hidden worries in terms of market capacity!"

"It is impossible to achieve any market overnight. I think the current market volume is at a normal level."

"Everything is determined by the profit-making effect of the market. As long as these core popular stocks can continue to open up room for speculation, other stocks will naturally follow up quickly after a short-term adjustment. After all, as long as the profit-making effect is there, they will continue to chase high The funds received will continue to flow.”

"The index has eight consecutive suns. It is understandable to adjust it a little today."

"Continue to work and it's over. At this time, the index is about to break through, so we can't be cowardly."

"The Shanghai stock index is so close to the 2500-point mark, and with such strong expectations in the entire market, even if it can't really break through completely, the concept of touching is still great. As long as the index is still expected to rise, it will be the core hot main line supporting the index. "Infrastructure" and "state-owned enterprise reform" are the two core areas of the main line, especially the high-quality hot stocks in these two areas, there will definitely be relatively large opportunities for speculation."

"Agreed, and often high volume is the top, while rising volume shrinks, which proves that the bargaining chip structure in the market is still good, and there is a high probability that it can continue to rise."

"Hey, I hope that at this time, there will continue to be a wave of relatively large differences in the market."

"Me too. After all, yesterday's wave of shocks and different stalls, I hesitated for a while. The buying position was not enough, and I didn't make any money at all."

"However, if there is a sudden disagreement between Beixin Road Bridge and Beijiang Communication Construction at this time, how many people will dare to buy?"

"As long as Mr. Su continues to lock the position, what is there to be afraid of?"

"Hey...these two checks are really bad, I just filled up the position, my expectations and emotions are still there, and everything I look at on and off the market is good, and there is no other place on the market that has the ability to continue to make money. What is there to be afraid to use to divert attention and funds from the two main lines of 'infrastructure' and 'state-owned enterprise reform'? These two checks are clearly not at their peak in the current emotional and expected environment!"

"One word, and it's done!"

"In this wave, I have to wait until the 2500 point to reduce the position. I don't believe it. With such a strong market expectation, the stock index can't even rise by 3%!"

"I hope to see Mr. Su continue to lock up positions today."

The news in the group was refreshed rapidly, and hot money was discussing fiercely.

Unknowingly, the trading hours of the market had passed 3 o'clock in the afternoon, and the rapidly beating disks of the two cities stopped.

I saw that after a full day of trading, the Shanghai stock index was finally fixed at 2437.63 points, slightly lower than the opening position, and rose 0.34%. 0.21 billion, a slight decrease compared to yesterday.

Although several major indexes closed in the red market.

However, compared with the high opening range at the opening, it is a significant downward trend. That is, the daily K-line charts of several major indexes all left a negative trend with a shadow line. Yang's trend record, on the whole... such a trend is slightly lower than the general expectations of the majority of investors in the market.

In addition to the performance of several major indexes...

Market industry sectors, concept sectors, and individual stocks.

I can see that the absolute core of the market in the two cities, that is, the field with the hottest money-making effect, is still the two main lines of "infrastructure" and "state-owned enterprise reform". In the field of "growth stocks" in the direction of the board, although a few stocks have also performed well, the overall profit-making effect, as well as the effect of bullish sentiment and popularity, are far inferior to the two core main lines of "infrastructure" and "state-owned enterprise reform".

Of course, in the two core market trends of 'infrastructure' and 'state-owned enterprise reform'.

There is also a certain degree of differentiation in the market.

That is, many stocks in the main line that have risen a lot before and are at a relatively high level in the market, but the concept is not so pure, and the fundamentals are not so good. Today's trend shows obvious signs of weakness. There are insufficient buying orders, or passively undertaken buying orders.

On the contrary, there are a lot of popular and popular stocks with pure concept, excellent fundamentals, and strong future expectations and imagination space, such as Huaguo Construction, Huaguo Zhongjian, Huaguo MCC, Huaguo Railway Construction, Huaguo CSR, Huaguo A group of valuable blue-chip stocks such as China North Automotive Industry Corporation and Huaguo Communication Construction, as well as popular concept stocks such as Beixin Road and Bridge, Shanghai Construction Engineering, Beijiang Communication Construction, China Fortune Land Development, Kumho Group, Bayi Steel, and Huaxin Cement. However, the momentum is still like a rainbow, showing a trend of continuous surge, and in terms of disk performance, the performance of buying funds from various sources is also extremely strong.

In short, the market situation of 'the strong get stronger and the weak remain weak'.

In today's market trend performance, it can be said to be vividly displayed, and at the same time, the majority of retail investors in the market have begun to further chase and increase their positions in popular concept fields and popular stock fields.

Faced with such a closing situation, the majority of investors in the market, although some people are indeed somewhat disappointed, are still quite optimistic on the whole, and continue to maintain high expectations and enthusiasm for the market outlook, especially the announcement of the dragon and tiger list in the afternoon, Everyone saw that Su Yu's 'Fortune Road' and 'Fusheng Road' seats continued to be locked up, and the expectations and passion in their hearts became more and more high.

However, in places invisible to the majority of investors, negative undercurrents have begun to surge.

That is to say, within the regulatory authorities, the discussion on the restart of the market IPO has officially started under the repeated requests and urging of the leaders.

(End of this chapter)