The investment era of rebirth

Chapter 439 The hot money in the market has fully retreated!
At the same time, various core areas such as 'infrastructure', 'state-owned enterprise reform', 'Internet finance' and even 'big finance' have shown some performance in the intraday session today, as well as a large number of related industry sectors, concept sectors, and a lot of market attention. The higher popular stocks also retreated across the board, and many stocks gave up all their intraday gains, and at this moment, they refreshed their intraday lowest positions.

Especially several popular stocks such as Beixin Road and Bridge, Beijiang Communication Construction, and Kumho Group.

At this moment, the stock price has not only given up all the intraday gains, but also fell underwater, setting a new low for adjustment. Among them, the decline of Beixin Road Bridge has reached 5%, and it is still expanding rapidly.

Immediately afterwards, when the time entered 2:50, the market ushered in the last 10 minutes of trading.

Beixin Road and Bridge’s decline finally ushered in a rapid rebound after the lowest drop of 8.25%. At this moment, other popular stocks and popular main lines in the market also ushered in a large amount of bottom-hunting funds. Intraday lows quickly recovered.

At 2:51, the Shanghai stock index returned to 2245 points.

At 2:53, Beixin Road and Bridge fell back to 5%, and the stock index climbed to 2248.37 points.

At 2:55, the real estate sector rose back to 2%, the stock price of Kumho Group rose again, and the Shanghai index rebounded to above the 2250 mark.

Finally, when the market closes at 3 o'clock...

The Shanghai Designated Index rose 2253.69% at 0.73 points. The Shenzhen Stock Exchange Index and the ChiNext Index rose 0.79% and 0.87% respectively. The turnover of the two cities was 1065.32 billion, which continued to maintain a relatively shrinking state, but remained relatively active in the market above the 1000 billion mark.

"What is this indicating?"

In the case of the positive stimulus of "Shanghai-Hong Kong Stock Connect" before the market, it was obviously not as good as expected.

"Yes, this kind of intraday rapid rise and then rapid fall is really a trap."

"Hey, I just thought that Beixin Road Bridge would have another daily limit, so I took it at a rise of more than 7 points. I didn't expect..."

"The key is that the news is not good enough, and the market hype and risk appetite are all at a low level. Everyone is more inclined to invest in the defensive sector in the undervalued field. The certainty is not so strong, and the valuation is obviously high. The so-called "story tickets" in the stock market do not agree so much, and the degree of participation and enthusiasm for following the trend are not high, which is the fundamental reason why many stocks with high valuations continue to fall, and the stock price decline has bottomed out."

"No one has much expectations for the line of 'Military Industry', but what the hell... this trend is too weak. Most of the other major lines in the key market are shrinking and oscillating. This line unexpectedly appeared today. It has gone against the trend and fell in large volume, and it is still falling in a relatively low position, can you believe it?"

"I don't comment on other opinions, but I agree with the fact that market trends are often anti-human."

"Today's worst field, the field with the most obvious effect of losing money, is a group of popular stocks, big finance and military industries that are at the forefront of market attention."

"The bottom of the market has not been completed, and the market outlook is really unclear."

"The main funds kill without blood!"

"It seems that the same can be said! According to the historical performance of the market in the past, after the 'policy bottom', it will be the bottom of the market."

"So, the bottom of the market is not far away?"

"The line of 'military industry' has no bottom line."

"In short, I think the index has reached more than 2200 points. If the market trend is not as expected, there is no need to be too pessimistic."

"Yes, it started with the closing of the daily limit of Beixin Road and Bridge. Hey... this check is too strong for the emotional guidance of the market."

"Yesterday the 'national team' protected the market, and today the regulatory authorities have introduced favorable intervention. Even if the market bottom has not yet arrived, this should be the 'policy bottom', right?"

"Sure enough, hot money is retreating in an all-round way, and the market still hasn't been able to get rid of the weak situation."

"Isn't it normal for 'Big Finance' to go like this?"

"Yes, look at the average valuation of all the constituent stocks in the 'military industry' sector. Compared with the entire market, it is still high. In terms of investment value alone, it is simply ridiculously expensive."

"The intraday volatility of Beixin Road Bridge today is really big, almost a 20-point increase!"

"It shows that the active hot money group in the market, taking advantage of the market rebound, not only failed to increase their positions, but continued to reduce their positions and leave the market."

Faced with such a closing situation, in the after-hours online stock investment forum, among the large group of retail investors gathered for discussion, some people breathed a sigh of relief and said with emotion.

At this time, the dragon and tiger lists of the two cities were refreshed.

Especially the Beixin Road and Bridge stock...

"This sector is supposed to move with the news, so you shouldn't have high expectations."

"Indeed, today's Beixin Road Bridge has gone quite tragically. Although compared with the opening and closing prices, the overall drop is not big, only 2 or 3 points, but the intraday amplitude is really scary, and it almost went to the sky. The trend is changing, to be honest... I still don't understand why the daily limit of Beixin Road and Bridge was not sealed in such a good mood at that time. It’s completely transformed, it’s not what it is now.”

"Did no one say 'military industry'? The performance of the main line of 'military industry' today is really miserable!"

"The decline has stopped, but under the impact of positive news, the market is still going like this. To be honest... it is obviously a little bit worse than expected."

"After all, Beixin Road and Bridge is still the core leading stock with the most attention in the market!"

"Is this normal?"

"It's a pity that this check, according to today's trend, it is impossible to have a 'dragon turn back' trend."

"I'll go, hot money has this kind of thinking, which shows that the market outlook is still worrying?"

"So, it feels like the market hasn't bottomed out yet?"

Many retail investors gathered are discussing today's disk...

"With the positive release of 'Shanghai-Hong Kong Stock Connect' in the morning, everyone knows that 'big finance' must be a hot spot after the market opens. Unexpectedly, under the unanimous expectation, this line can go like this, and it almost became the main line leading the decline of the two cities. .”

"It makes sense. The market at the moment, regardless of whether it is a big fund or a small fund, is not very friendly to high-level concept stocks."

Although the core themes of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance', as well as their related industry and concept sectors, all encountered sharp dives in the late trading stage, judging from the closing results, these major themes Relevant industry sectors and concept sectors are still showing the state of leading the two markets, and they are still the most eye-catching areas in today's market, with a slight profit-making effect.

"Hey, I finally bought a leading stock in the market, and lost 11 points in one day, what the hell... The short-term market truth of 'the strong get stronger' is a joke!"

The dragon and tiger list disclosed by it shows that the five largest selling seats sold a total of 2.2 million chips, while the five largest buying seats only bought 1.3 million. The total net sales volume reached a terrifying 9000 million, ranking Among the popular stocks on the Dragon and Tiger List, the net selling volume is the highest.

"Indeed, 'Military Industry' led the rise yesterday, and today 'Military Industry' has become the main sector leading the decline in the two cities. It's simply... There is no continuity in the market."

When the market finally closed, in this field, there were a group of core constituent stocks that performed well during the session.

As for the main lines of the market, industry sectors, concept sectors, and the performance of related popular stocks.

"The trend of Beixin Road and Bridge today is essentially due to the fact that the market's bulls have not followed suit, and there are too few main funds who dare to undertake at a high level."

The market time is also among the many discussion topics and exchange information refreshes, scrolling quickly, and before you know it, it is 5:30 in the afternoon.

"Military industry", "non-ferrous metals", "coal", "medicine", "consumption" and other main line fields, related industry sectors and concept sectors also performed weakly, especially the "military industry" field, which showed signs of heavy volume and sharp decline , led the decline in all industry sectors in the two cities, in stark contrast to yesterday's main line that bucked the trend and led the way.

In the form of a sharp dive in late trading, they almost completely recovered all the intraday gains, and returned to a weak situation, becoming the core mainline field of the two cities with a more obvious money-losing effect next to the "big finance" field.

"Indeed, let's avoid the short-term first. The main hot money is leaving the market. At this time, if you take orders at a high position and rush in without thinking, you will really hate the money in your hand."

"The index does not feel that it will fall too deep, but judging from today's market trend, the high-level concept stocks with popular main lines are still in an area that needs to be strongly avoided."

However, compared with the previous situation of falling endlessly and the market investment sentiment almost collapsing, it has obviously eased, and the market bullish investment sentiment has recovered slightly. At the same time, it has also shown certain signs of stopping the decline. Investors are no longer so extremely pessimistic about the market outlook.

"Obviously during the early afternoon, the market was in a good mood to go long. I don't understand why it suddenly collapsed?"

"Indeed, the 'big finance' is also really miserable, buried layer after layer of funds that followed the trend in the early trading!"

"Surely it's not far away? 2200 points is probably about the same."

I saw Beixin Road and Bridge, Beijiang Communication Construction, Kumho Group, Shanghai Sanmao, Shanghai Steel Union, Hongdu Aviation, Shanghai Construction Engineering, etc., and many other popular stocks with high market attention on the list, and there was nothing Unsurprisingly, those listed on the list performed relatively weakly during the session, and the main force of the market had a very obvious outflow of funds. In the disclosed trading seats of the Dragon and Tiger List, all the main hot funds showed a net selling state.

As for the related industry sectors in the field of "big finance" that were once highly expected by investors due to the good news of "Shanghai-Hong Kong Stock Connect" before the market, such as "securities, banking, insurance" several major industry sectors, and the performance of related core constituent stocks , are far below the expectations of market investors, and have become the field with the largest net outflow of main funds, the strongest effect of losing money, and the weakest relative trend in today's market.

"It's not a joke, but a follow-up operation. There are obviously problems."

"Indeed, the two consecutive dives in the afternoon were still too violent."

"I feel that the market's dive mainly started from the failure of Beixin Road and Bridge to close the daily limit."

Among them, related hot stocks...

Overall, today's market performance.

"Fortunately, it finally stopped falling!"

"Yes, the check for Beixin Road Bridge was bearish at first, but after looking carefully and zooming in on the K-line chart, I realized that it has fallen to the halfway up the mountainside of the whole round of hype, and the tide has receded... If this check is going to fall back to the origin of the hype If not, then it's really... a bit of a fall."

"Originally, the rise did not rise much in April and May, and it is estimated that the fall will not fall too deeply. No matter how pessimistic... the range of 4 points is almost the same."

Beixin Road and Bridge closed down 4.35%, Beijiang Communications fell 2.19%, Kumho Group rose 0.78%, China Fortune Land Development rose 2.13%, and Gemdale Group rose 2.45%. Overall, the overall performance was still slightly stronger Performance in the broader market.

"Why is it abnormal? The market trend is inherently anti-human, and the consistent expectations are strong, which does not mean that the market will definitely rise. To be honest, the main line of 'big finance' was the main line when the market fell continuously. Relatively shouldering the heavy responsibility of the pallet, the overall decline is far less than that of the main line in other areas of the market. Now that the market is gradually stabilizing, it is normal for this main line to slowly make up for the decline. "

"It seems to be the case. The most popular stocks in the two cities today are actually trending quite badly. On the contrary, they are not so popular. The concept components of the main lines of 'infrastructure', 'state-owned enterprise reform', and 'Internet finance' Stocks, the trend is obviously better."

Except, of course, that the 'big financials' sector has fared much worse than expected.

"Well, it is true that today's sharp drop is all concept stocks dominated by hot money."

"Actually, whether there is a market in the 'military industry' sector does not depend on valuation and performance."

"The overall valuation of 'Military Industry' should be the highest in the entire market, higher than all the 'growth stocks' on the SME board and ChiNext."

"Hey, if it weren't for those two waves of diving, I feel that the index can be reversed."

Today, it once showed some performance in the market, especially when it was approaching the midday session and the early afternoon session, the two main lines of the small and medium-sized board, the GEM's "mobile Internet" and the "smart phone industry chain" appeared for a short time. The 'growth stocks' sector, however, failed to extend its strength to the close.

Seeing the data of the dragon and tiger rankings disclosed by the two cities, the fund manager Lin Tingzong sighed softly in the trading room of Yuhang, Jingda Investment Company, and the main fund at this moment, and said with emotion: "It seems that the market is still far away from the real stage bottom. There is a distance, and it is even more distant from the long-short trend reversal!"

"So pessimistic?" Gu Chijiang next to Lin Tingzong smiled and said.

Lin Tingzong responded: "It's not pessimism, but the signs of the trend shown by the market. That's it. Today's trend... It seems that the index has stopped falling, but in fact, the market performance is weaker than the previous two days."

"Weaker?" Gu Chijiang was a little surprised, and said, "Why do you say that?"

(End of this chapter)