The investment era of rebirth

"Hey, the market is divided!"

At 11:10, inside Zexi Investment Company in Shanghai, Zhou Kan was a little surprised when he noticed that the market was showing signs of divergence, and said: "Active funds in the market have begun to concentrate on the popular main line concept stocks of medium and small caps. , and at the same time, the index is sideways, the selling pressure of individual stocks in other markets is gradually heavy, and the overall trend is becoming more and more divided and torn. It also shows that the new incremental funds at this stage are far from enough to support the market to continue to attack strongly, right?"

"It's almost like this!" Beside Zhou Kan, Xu Xiang, who was also watching the changes in the market of the two markets, nodded slightly, and responded, "With such a trend, it is estimated that I will dive in the afternoon."

Hearing this, Zhou Kan couldn't help coughing lightly, and said, "Then the part of the positions we bought today will be temporarily buried by the market again?"

Xu Xiang smiled and continued to respond: "It's okay, this morning the index did not take advantage of the explosion of the 'military industry' line to go all out. The strength of the bulls has not been quickly exhausted in a short period of time, and they still have a certain ability to undertake, so...even if the differences in the market intensify in the afternoon and the selling power increases, the index will not fall too deep."

"I predict……"

Xu Xiang pondered for a moment, and then said: "Go down to the opening position in the morning near 2260 points, and the market's acceptance force will re-balance with the selling force."

"Near the 2260 point?" Zhou Kan pondered for a while, and said, "This position does not seem to have any strong support effect, and once the market offensive is exhausted, according to the general expectations of market investors, only the Shanghai Stock Exchange Index will return to the market. Stepping on the support of 2200 points, once again confirming the bottom characteristics of 2200 points, I feel that the majority of investors in the market will abandon their doubts, re-firm their thoughts, and enter the market on a large scale to follow suit!"

Xu Xiang smiled and said: "The core main funds that are active in the market should generally have entered the market on a large scale at this moment. In addition, the core main line of the market has also come out, and the development of the market trend is relatively clear."

"In this situation……"

"Do you think these main institutions that have already obtained the chips, or the main players with large funds like the 'Yuhang Department', will easily spit out the chips they have obtained?"

"In other words, they will continue to kill the market, causing the index to fall back to 2200 points."

"Let those retail investors who didn't have time to get on the bus and some institutional groups who are belatedly get on the bus again at the bottom?"

"From the analysis of the market chip structure..."

"This is a small shock. The core institutions that have already entered the market will definitely not kill the market on a large scale."

"In a sense, it can also be understood that this is a cleansing of the chip structure, a volatile trend of benign washing, the purpose is to wash out the unstable chips for short-term profits, so that this market trend that continues to rebound, and then , can go relatively more easily.”

"So, the index you said fell back to 2200 points, reconfirming this trend at the bottom."

"There is a high probability that it will not happen."

"If there is a big change in the market and the stock index really falls back to 2200 points, then..."

Xu Xiang paused for a while, and then continued: "At that time, it means that the overall fundamentals of the market and the overall macro expectations have completely deteriorated. Not only is it not an opportunity to increase the position, but it is very likely that the final position will be reduced. chance of loss and escape."

"President Xu means..." Zhou Kan pondered for a moment after listening to Xu Xiang's analysis, and responded, "If the market wants to continue to open up room for rebound and maintain the overall investment sentiment of the market, then at this position, Can we only maintain a strong shock pattern?"

"The same...if the index maintains a strong shock pattern here."

"Does it mean that the follow-up index will definitely continue to rise, break through 2300 points without hindrance, and even expand higher space?"

"Yes!" Xu Xiang nodded, and said firmly, "If the index is at this position, it can maintain a strong fluctuation, especially at 2250 points, then wait until this wave of short-term profit-making in the market is roughly cleared." , At the position of 2300 points in the Shanghai Stock Exchange Index, that is really a search for something."

"So, at this time, we don't need to worry, and we don't need to worry too much."

"As long as the Shanghai Stock Exchange Index can stay above 2250 points, whether it continues to rise or fall in the intraday session today will not change the original bargaining chip structure and trend direction of the market, and naturally it will not bring much risk to our positions. Furthermore...trading the market is a risk and a reward, since we have made trading decisions in important directions before, there is no need to look forward and backward at this moment."

"Take a long-term view. After all, regardless of stocks or the stock market, the market is based on the future, not the present."

"Understood!" Zhou Kan nodded seriously when he heard Xu Xiang's words.

Then, he stopped talking, and his eyes turned back to the fierce market situation between the two markets.

I saw that during the short conversation and analysis between the two, the market trading time had moved to 11:20, and at the same time, the Shanghai Stock Exchange Index also fell back to around 2265 points from the highest point in the session, maintaining a slightly red state .

As for the industry sector, concept sector, and related popular stocks in the two cities.

At this time, the 'military industry' industry sector and its related concept sectors are still performing very strongly. It can be said to be the leader in the industry sector and concept sector growth lists in the two cities. Among them, the entire Constituent stocks in the main line of "Military Industry" have reached as many as 6 daily limit stocks, especially the stocks in the "China Airlines Department" with an increase of no less than 7%.

The main line of 'big infrastructure'.

The real estate sector fell back slightly, the two major industry sectors of construction decoration and building materials remained sideways, and the steel industry sector index rose rapidly, which can be regarded as a related sector with the most obvious ebb of main funds in the field of "big infrastructure". The major industry sectors are gradually becoming weaker, and when the market sell-offs increase sharply...

Both belong to the two major industry sectors of machinery and public transportation in the field of "big infrastructure".

However, it showed a trend of strengthening against the trend. Not only did it not follow the trend of the real estate, building decoration, building materials, and steel sector indexes to fall back, but it was still in the index correction, rising a lot, and the net inflow of main funds, Performance is also relatively good.

As for the relatively weak, or the relatively heavy selling pressure, the weak main line areas of the two cities.

The two major areas such as 'mobile Internet' and 'smart phone industry chain', as well as the main line areas of metals and energy such as 'traditional finance', 'nonferrous metals', 'coal', and 'petrochemical industry' are relatively weaker than the market , With the correction of the index, they all fell back a lot. Among them, the main funds sold serious related constituent stocks.

Overall, the differentiation trend of the market is becoming more and more obvious.

On the way for the Shanghai stock index to continue to rise, the selling pressure it faces is becoming more and more difficult.

At 11:21, while the Shanghai Index was still oscillating around 2265 points, the Shenzhen Stock Exchange Index, the ChiNext Index, and the Middle and Small Index had already fallen into the water again. Among them, the intraday decline of the small and medium-sized board was even more Once again, it exceeded 0.5%, approaching the low opening position at the opening.

At 11:25, Lixun Precision fell in a straight line, and the "Apple Concept" sector index of the entire market fell by more than 2.8%.

At 11:27, the Shanghai stock index turned green and fell below 2264 points.

At 11:28, throughout the morning, the momentum continued to break through like a rainbow, and the main line of the 'military industry' sector, whose industry sector index had risen by more than 3%, also began to show signs of shocks and declines.

At 11:29, Huaguo MCC's market turnover reached the 8 million level, and the market was divided between long and short, which was extremely intense. At the same time, the market's increase also dropped from the highest position of 4.56% in the market to about 2%.

Finally, when 11:30 came.

The Shanghai Designated Index fell 2263.43% at 0.08 points, while the Shenzhen Stock Exchange Index and the ChiNext Index fell 0.27% and 0.41% respectively. After experiencing severe intraday shocks, several major indexes still fell in the form of closing at noon At the close, it gave up all the intraday gains, and failed to continue the independent trend of the day before yesterday and yesterday.

Faced with such a midday closing result...

The investor groups in the entire market, especially the majority of retail investors who gather in the discussion area of ​​the trading platform and the comment area of ​​the stock investment forum, are more or less disappointed compared to the morning session, or the mid-morning session.

"Hey, I still haven't been able to break through yesterday's intraday high. It feels like the 2300 point line of the Shanghai Stock Exchange Index, why is it so difficult to break through?"

In the discussion area of ​​the stock trading platform, some retail investors sighed helplessly.

"It's not that the 2300-point line is difficult to break through, it's because the external trend is too bad, and the stock index has insufficient upward momentum!"

"And today's intraday selling is too heavy, and the divergence is too great."

"The trend of the external market is superimposed with the accumulation of short-term profit-making chips in the market. It is no wonder that the Shanghai Stock Exchange Index can break through 2300 points at this time."

"Although today's trend is not as strong as yesterday and the day before yesterday, it is not bad to be able to maintain a sideways state in this position, right?"

"Compared with the external market trend, it must be good."

"But compared to the trend of the previous two days, it's really almost meaningless."

"But today the line of 'military industry' has come out, and it's really strong."

"Yes, generally speaking, the trend of the index is somewhat unsatisfactory, but the performance of the short-term hype market is not much different from the previous two days."

"Not only is there little difference, it's even hotter than the previous two days, okay?"

"It's not more popular, but more concentrated. Have you noticed? The hype in the market is becoming more and more concentrated on the two lines of 'big infrastructure' and 'military industry'."

"Nonsense, the overall market is weak, so the funds must be concentrated in the areas with the best profit-making effect!"

"But it also shows that the market has a good profit-making effect, doesn't it?"

"Well, there are still a few checks for those who hit the third board height today, and behind the leading votes of the third board, there are many follow-up boys, which shows that the profit-making effect of the two lines of 'big infrastructure' and 'military industry' is very good. , in fact... you can still continue to follow suit and participate appropriately.”

"Indeed, the overall profit-making effect of the market has not decreased, but some weaker sectors are more miserable."

"Obviously, today's weaker sectors in the intraday market are accelerating to bottom out. I think that although the index's trend this morning is not very good, the overall market must still develop in a better direction. I just don't understand today's trend. Why is there such a big intraday divergence? Under the leadership of the main line market of 'military industry', the Shanghai Stock Exchange Index went up twice rapidly, but failed to break through the intraday high set yesterday, and even failed to stand on the 2280 point. "

"The index bottomed out below 2200 points, and then rebounded violently. It took only two or three trading days, right? In such a short trading time, the market investment sentiment has not fully fermented. The current active players in the market are still based on the original stock funds. Mainly, the incremental funds are not much, and after the consumption of the previous two days, the active long funds have almost been consumed. Now there are many short-term profit-making positions, seeing the external market trend is not good, the idea of ​​​​taking profit and exiting the market is natural. It can’t be stopped, and after the consumption in the first two days, the remaining active long funds, when the incremental funds can’t keep up, can’t support the market, and can’t support the index to continue to break through, which is also normal.”

"Yes, the analysis is thorough. This should be the reason why the index is going so hard here."

"It's not a bad thing to call back and take a break."

"I also think that a short break is not a bad thing. The external trend is so bad, and the stock index can still maintain a strong intraday volatility. This shows that the market rebound can continue. It also shows that the stock index has been able to get rid of The influence of the external market has gone out of the independent market trend.”

"Let's see how the market will go in the afternoon!"

"If the market trend in the afternoon, the Shanghai stock index can maintain a shock around this position, then I think it is not bad."

"To be honest, if you don't ask for a big rise today, as long as you don't fall sharply, you've made a profit."

"It makes sense, it makes sense, if you don't fall, you make money. This is really good. As long as the index can stabilize here, then the follow-up 2300 points will definitely be able to break through."

"As long as Mr. Su's main fund of the 'Yuhang Department' continues to lock positions on the core lines of 'big infrastructure', 'military industry', and 'Internet finance', and at the same time there is no sudden major bad news on the market news, the stock index will Breaking through 2300 points in the future is definitely a certainty, of course... Our requirements are not only 2300 points, but 2400 points and 2500 points are our goals."

"As far as the core areas of 'military industry', 'big infrastructure', and 'Internet finance' are today, the amount of energy shown by the crowd of 'Wealth Road holding concept stocks', the funds of the 'Yuhang Department' must still be locked up. In other words... Boss Su is not afraid of such a large amount of funds, so what are we afraid of?"

"Continue to see more, continue to see more..."

"Anyway, in a word, below 2300 points, I will never reduce my position."

"The ones that were sold during the session today will definitely be bought back at a higher price in the future. Let's see... At this time, fear, bearish shorts, will not end well."

"Hey, if the index falls, it will be easier to buy individual stocks."

"I was jealous of some popular leading stocks before, and this drop... just bought."

"Haha, indeed, I finally gave it a chance!"

Among the many retail investors' comments and topic discussions, even though many retail investors are not so satisfied with the market trend this morning, and even feel a little disappointed, but overall, the market's long-term investment sentiment is still making money in the short-term hype that has not weakened. Under the support of the market effect, there is no recession, but it is still spreading and fermenting to many potential investor groups outside the market, and at the same time creating more incremental funds to enter the market.

And just when such emotions were intertwined, both bulls and bears began to call each other fools.

After a one-and-a-half-hour break at noon, the market once again ushered in the opening time in the afternoon.