The investment era of rebirth

Chapter 478 Is Both a Selling Point and a Buying Point!
"The head shape of the U.S. stock market?" Su Yu was taken aback when he heard Wang Can's words, and then said with a dumb smile, "How did you know that the U.S. stock market has a head shape?"

According to Su Yu's historical memory.

During this period of time, the U.S. stock market has to remain in the long bull shape for many years.

Even, looking at the market outlook five or ten years from now, the Dow and Nasdaq today are at the bottom of the giant mountain, not even at the mountainside.

"Technically!" Wang Can responded.

"Technical form?" Su Yu said with a look of surprise in his eyes, "The investor ecological structure of U.S. stocks and A-shares is different. The so-called technical analysis is of no use to the macro trend of U.S. stocks, and besides... the global' mobile The Internet's dividend has just begun, and the new global economic growth engine has just begun to emerge. It is too early to say that the crisis is over at this time."

"As for the turbulence caused by 'Apple''s second-quarter performance expectations, it is amidst the surging market tide."

"It's just a tiny little wave that's almost invisible."

Having said that, Su Yu paused for a while, thought for a while, and continued: "Market technical analysis is only used as an aid for trend judgment. As market traders, don't put the cart before the horse, and... Although we are in the field , but in addition to the market in front of your eyes, you still have to pay attention to the news outside the market. You can't follow others' opinions, and don't easily guess the top or bottom. psychological judgment."

"Boss, according to what you mean... the trend of the external market is only a short-term adjustment?" Wang Can didn't seem to fully listen to Su Yu's words. Is it up and can make new highs?"

Su Yu nodded slightly, and said: "This is inevitable. According to the global economic data of the past year or so, the entire global economy has gradually shaken off the impact of the financial crisis in 08. Otherwise, the Fed would not decisively withdraw from the QE plan. In several Fed interest rate meetings, they have been relatively hawkish."

"At the same time, the U.S. stock market has gathered the world's best listed companies."

"As long as the global economy continues to recover and corporate profitability continues to increase, the market will rise sooner or later."

"The current adjustment of US stocks is only the expectation of digesting the market feedback last year, and there are no noteworthy risk signals."

"Since there are no hidden risks in the external market, the trend of big A should be much better in the future." Hearing Su Yu's analysis of the U.S. stock market, Wang Can heaved a sigh of relief. Continue to outshine others and make a strong attack on 2300 points.”

"The probability of the Shanghai stock index falling sharply today is not high, but the same... the probability of a strong rise to 2300 points is not high, right?" During the conversation between Wang Can and Su Yu, Li Meng, who was also observing the trend of Internet-related stock topic discussions, was changing Then he said, "The market rebounded violently in the past two days, and the accumulated short-term profit has already been quite a lot. In addition to the late dive in the market yesterday and the negative external trend in the evening, this part of the short-term profit should have a huge impact today. Strong desire to take profit and cash in.”

"And at the same time..."

Li Meng paused for a moment and continued: "The group of long-term investors in the market, especially the group of investors who can follow the trend in this position, has followed the trend under the influence of yesterday's late market dive and the negative external trend in the evening. The enthusiasm of the owner to buy should also be greatly reduced."

"Even if the market's overall investment sentiment performance is still in the bulls' advantage."

"However, under the ebb and flow of this predictable long-short force, the index will continue to make a strong breakthrough upwards, and it will be quite difficult to break through the important pressure level."

"I agree with what Manager Li said." Zhang Guobing also raised his hand at this time and said, "In fact, there is another point, that is, after the continuous violent rebound in the past two days, the capital strength of the relatively active bull investor group has been massively suppressed. After a wave of consumption, if the follow-up market wants to continue to move forward, the biggest supporting force should come from those potential long-term investors who are not very active, or who have not cared much about the market before, but are attracted by the market's money-making effect .”

"And these groups of potential long-term investors are not like the relatively active groups of long-term investors who will flock in when they see the market's profit-making effect expanding. They... usually follow the market's profit-making effect. The continuous fermentation of emotions is slowly flowing into the market."

"This also means that it is difficult for the market to break through further and quickly after the initial violent rebound and support space are created."

"So, I guess today's trend will not look good. Of course, it won't be ugly. Most of the stock index will continue to fluctuate around the room for gains made yesterday. While consuming a large amount of short-term profit accumulated in the previous two days, it will continue to expand the market to make money. Effect and hype space, attracting more potential long investors.”

"Usually as long as investors come in, it is impossible to have only one sale and purchase transaction."

"It's like a person entering a casino. Even if this person doesn't like blocking, under the influence of the atmosphere and emotions, he can't help but gamble."

"The current A-share market is in a state where such emotions are brewing and the atmosphere is being created."

"actually……"

Zhang Guobing thought for a while, and then said: "I think at this stage, whether the A shares go up or down, it doesn't matter much. As long as the index can maintain above 2200 points, the market as a whole still has a profit-making effect and there is still a continuous hype sentiment. The market is going in a good direction."

"Even if the index does not rise in the short term, as long as the profit-making effect continues."

"As long as the bullish investment sentiment created by the market continues to deepen, as long as the market can create a lively investment atmosphere."

"Then, the index and the market will break through upward sooner or later."

"Yeah!" After listening to Zhang Guobing's analysis, Su Yu nodded slightly and praised, "Guobing's market analysis is on point. Yes, the short-term ups and downs are not important when the market is here. , the most important thing is the market's money-making effect and hype sentiment. As long as these two continue and perform in the market, the bullish sentiment inside and outside the market will still deepen and continue to ferment. Too active investor groups, or some investor groups who didn’t care much about the stock market before, are driven by the desire to make money easily in the stock market, even if they don’t understand, they will gradually get involved.”

"in other words……"

Su Yu smiled and continued: "As long as more investors can be attracted to enter the market, as long as there is continuous entry of incremental funds, then there is no need to worry about the market situation at all, and at the same time, there is no need to pay too much attention to one or two things. The market trend of the day."

"Understood!" After Su Yu finished speaking, other traders in the trading room responded one after another.

And following everyone's response, at this moment, the market trading time has slipped to 9:15, and under the eyes of countless investors in the entire market, the market ushered in the initial call auction.

In an instant, the markets of the two markets, which had been stagnant, began to jump rapidly.

Looking around, there are nearly 2000 stocks in the entire market, a total of more than 1100 stocks are red, and more than 700 stocks are down. This also shows that although the market has suffered from the negative impact of the continuous decline in the Asia-Pacific stock market and even the global stock market, but in' Wealth Road' continued to buy, and the continuous good news released by the regulatory authorities was offset by favorable factors, and the overall high opening situation was achieved.

And in this relatively good initial call auction form.

In several core mainline fields such as 'big infrastructure', 'military industry' and 'Internet finance', a large number of popular concept stocks are still sought after by major funds from all walks of life, and they have opened sharply higher. Several popular concept stocks such as Construction Engineering, Beijiang Communication Construction, Tianshan Cement, Hongdu Aviation, and Huake Jincai directly hit the daily limit, and were blocked by a large number of active buyers.

"'Wealth Road holdings concept sector' initial call auction rose 6.3%, real estate sector rose 1.21%, architectural decoration rose 1.08%, building materials rose 1.01%, steel plate rose 0.89%, military sector rose 0.79%, Shanghai free trade Areas, state-owned enterprise reform, Internet finance and other conceptual main-line sectors have also increased by more than 0.6%..." At 9:16, Shenzhen Stock Exchange, inside Xinniu Fund Company, the 'Manniu No. 1' fund product trading room, has been observing Mou Zhengxing, the leader of the trading team, said, "It seems... everyone's eyes are still on the main lines of 'big infrastructure', 'military industry', and 'Internet finance', which are shown in the initial call auction stage of the market. The most profitable areas, no surprise, are also at this stage.”

"These lines are really strong!" In the trading room, General Manager Liu Xin also stared intently at the changes in the market on the big screen, and said with emotion, "I thought that the popular stocks in these lines would fall on the two daily limit boards. In the future, there will be large-scale profit-making funds on the market rushing away, but looking at it now... there is no such thing, but the volume has shrunk, which is incredible."

Fang Xinsheng's eyes were bright, he pondered for a moment, and responded: "Shrinking is not necessarily a good thing. On the whole, except for the three main lines of 'infrastructure', 'military industry', and 'Internet finance' that are relatively intensely chased by funds, other markets The fields are basically near the flat opening line, and the initial market has already shown strong signs of suppressing selling. In this situation... the market may go lower and lower in the next call auction. "

"And the continued decline and increased selling in other areas will also affect the strong mainline sectors of the market."

"The three lines of 'Infrastructure', 'Military Industry', and 'Internet Finance' were opened so high in the initial call bidding stage. Although they seemed strong, they were actually not conducive to the follow-up of potential long-term funds with intentions. That is to say Behind the seemingly strong performance, in fact, the internal inheritance has become a problem."

Hearing Fang Xinsheng's words, Liu Xin turned to ask: "What does Manager Fang mean... is the check for 'Wealth Road holding concept stocks' already at the end of its strength?"

"It's not the end of the battle." Fang Xinsheng responded, "It's just that in today's situation, it's not appropriate to chase the high too much. Looking at the market's high opening trend, in fact, except for the three lines of 'infrastructure', 'military industry', and 'Internet finance' , overall still somewhat weaker than most investors expected in the market.”

"That is to say, the long-term investment sentiment shown at the beginning of today's market is relatively weak compared with yesterday."

"However, what does not match the relatively weakened bullish sentiment is that the number of profit-making orders in the entire market has increased, which has led to a tilt in the balance of long-short power in the subsequent trend."

"Of course, due to the core main lines of 'infrastructure', 'military industry' and 'Internet finance', after the main attack of the 'Yuhang Department', the extreme profit-making effect has spread to the entire market, so even if the entire market The long-short power balance has tilted, and the profit-making effect of many popular concept stocks in these fields should still be maintained, but the volatility will definitely increase. "

"It means that there are huge differences here!" Liu Xin understood.

Fang Xinsheng nodded, and responded: "Yes, it is not so easy for the Shanghai Stock Exchange Index to pass 2300 points. There must be a wave of divergence here, which consumes short-term accumulated profits and digests the negative impact of the external market, so that the index can go up. The pressure is light again."

"Differences are not terrible." Liu Xin said, "As long as there are no problems in the overall macro trend."

Fang Xinsheng said with a smile: "In terms of the overall macro trend, there should be no problem. After all, in all aspects of the market, except for the external trend, other factors, such as investment sentiment, market profit-making effect, market capital liquidity, macro fundamentals, and news , the guidance of the regulatory authorities...all market factors, etc., are gradually getting better."

"It's said that buying is different and selling is consistent." Mou Zhengxing, who had spoken out before, thought for a while, and then asked Fang Xinsheng, "Then the articles on 'infrastructure', 'military industry', and 'Internet finance' are currently being hyped. Should this be a selling point or a buying point?"

Fang Xinsheng responded: "It is both a selling point and a buying point!"

Hearing this, neither Mou Zhengxing nor Liu Xin quite understood. Among them, Liu Xin was puzzled, frowned slightly, and asked, "What do you mean?"

Fang Xinsheng responded with a smile: "From the perspective of different placements and purposes of trading strategies, the views on buying and selling points are naturally inconsistent. Line, in the two trading days, such a huge amount of short-term profits have been accumulated. Now when the overall market is affected by the negative impact of the external market and there are signs of weakening, then for short-term speculative funds, it must be a selling point. Good."

"And the investment funds for medium and long-term motives..."

"The expected logic and hype logic of the lines of 'Infrastructure', 'Military Industry', and 'Internet Finance' have not been destroyed at present, and the wealth path of the 'Yuhang Department' is still increasing. At the same time, this The money-making effect and emotional impact of several lines are still deepening, so...naturally, this divergence point is a good buying point."

"Understood!" Mou Zhengxing's eyes lit up, and his heart suddenly realized, "Since this is the case, then we should also take this opportunity to optimize our holdings, so as to better seize the opportunities for the development of the market outlook."

After finishing speaking, he turned his attention back to the market of the two markets again.

At this time, the market trading time has entered the real call auction at 9:20.

And sure enough, as Fang Xinsheng expected, the overall call auction situation of the entire market, compared with the initial call auction, showed obvious signs of decline. At the same time... the three core main lines of 'infrastructure', 'military industry', and 'Internet finance' Related concept sectors, industry sectors, and a number of popular concept stocks in the field have also fallen back simultaneously, and the sentiment has subsided and the increase in active selling is far greater than the performance of other main lines in the market.

(End of this chapter)