The investment era of rebirth

Chapter 569 The Journey of the Bull Market ([-])!
"That said, there's nothing wrong with it." Xu Zhongji said with a chuckle, "As long as the market is developing in a positive direction, and the logic of the mainline investment is still strengthening, then we have nothing to worry about. Just sit quietly and wait.”

Last week, they survived such a violent market turmoil, sticking to the trading strategy of holding heavy positions in the main line of 'military industry' and 'infrastructure'. At this time, these small fluctuations in the market are nothing at all.

"En!" He Hong nodded.

The original anxiety in my heart gradually dissipated under Xu Zhongji's disk analysis and resolution.

And with the simple communication between the two, the market trading time continued to move forward...

It can be seen that after the overall market volume has been attenuated, whether it is the main line of 'military industry' and 'infrastructure', or the main line of 'technology growth', it has gradually fallen into a turbulent pattern.

Finally, when the market closed at 3 o'clock in the afternoon.

The Shanghai Designated Price is at 2387.96 points, with an intraday increase of 0.83%, while the ChiNext Index closed down 1.53%. The difference between the two increases was scissors. Although it shrank somewhat in the last half hour of late trading, it finally remained in the 2% range. The above fully demonstrates the extreme nature of market differentiation.

In addition to the overall performance of the index, the hot topics of market concepts and the performance of industry sectors.

I saw that the main hype hotspots and market hotspots in the entire market are still focused on the fields of 'infrastructure' and 'military industry', while the main line of 'technological growth' has led the market in a comprehensive decline, and has become the market leader in today's market. The most obvious and tragic areas of capital flight.

Among them, several popular main lines, and the performance of corresponding popular concept stocks.

After a violent shock, 'Beijiang Jiaojian' finally closed with an increase of about 3 points, and the intraday amplitude was close to 10%; Popular theme concept stocks; 'Hua Guo MCC', a core weight market bellwether stock, closed up around 2.5%. Compared with yesterday, the intraday turnover not only did not increase significantly, but shrank a lot, which proves that yesterday's entry Today, there is not a large amount of profit-taking and leaving the market, and the overall chip lock-in is relatively good; 'LeTV' maintained a one-sided limit throughout the day, and Wanshou pried the board several times, but all ended in failure;'Hengsheng Electronics 'After the violent shocks throughout the day, the closing price remained near the flat price, the trading volume can increase greatly, and the market divergence is quite large...

As for the corresponding concept stocks of other non-popular main lines, as well as the performance of heavyweight stocks.

Most of them follow the fluctuations of the broader market.

Of course, most of the "big finance" and "big consumption" heavyweight stocks on the main board still follow the trend of the Shanghai Stock Exchange Index, and most of them closed in the red market; while the growth stocks that mainly belong to the small and medium-sized board and the ChiNext, today's trend is average. More tragic, most of the daily declines are above 1%.

On the whole, the phenomenon of the market's "two-eight pattern" is quite obvious.

As for the intraday session, the "Big Finance" sector, which was once favored by the core traders inside the "Yuhang Investment" institution, and discussed fiercely, did not perform well today. Underperformed the rise of the Shanghai Stock Exchange Index, and according to the overall performance of several major sectors, there is currently no major capital, and there are signs of large-scale increase in positions in this field.

Facing such a closing situation...

The vast number of investors in the market, the thoughts in their hearts, and the differences in views on the market are also quite large.

Some people think that the market's "[-]th pattern" has basically formed, and the subsequent major market performance will most likely occur on the blue chips of the main board, and the stock sector that is currently the most underestimated in the market has sunk for a long time in the abyss of the bear market for many years The weight of large-cap stocks.

Some people also believe that the market as a whole is still in a rotation pattern.

That is, the main board weight market and the "technological growth" market are alternately carried out, and it is predicted that when the two main lines of "infrastructure" and "military industry" accumulate enough short-term profits, the market will not be surprised, and it will still adjust to the already The main line of 'Technology Growth' has been sharply corrected.

Of course, some investor groups believe that there are still obvious defects in the market volume. Although the Shanghai Index has broken through at the point, the volume has not achieved a breakthrough. The overall investment sentiment and incremental funds in the market, in essence, still have no What a big change, and the outbreak of the two main market lines of 'infrastructure' and 'military industry' is only active funds that have temporarily escaped from the main line of 'technological growth' after problems in the main line of 'technological growth' are expected to occur Groups, the short-term speculative behavior that lures the disk, and its market will not last long at all.

At the same time, this part of the investor group also believes that after the market has gone through this round of rebound.

There is a high probability that the index will step back to 2200 points, or the lower 2000 point support mark. It is not believed that the index has the ability and motivation to continue to challenge 2500 points upwards.

However, among the majority of retail investors in the entire market, due to the lack of capacity and today's index performance, which is lower than expected, the outlook for the market outlook is quite different...

Among the main institutional groups, as well as among the medium and large hot money groups.

Everyone's interpretation of the performance of the market and the performance of the market outlook is completely different.

In terms of the main institutional groups, no matter on the surface, analysts of securities companies who have publicly spoken out in the market, or a large number of market star fund managers and well-known market stock commentators, everyone agrees that the market has the power and opportunity to break through , and the direction of the main line market, with a high probability, will occur in the direction of the main board, and even many institutions have made public voices after the market has changed sharply in the past two days, clearly expressing their optimism about the two major sectors of "big infrastructure" and "military industry". The performance of the main line in the market outlook.

As for the hot money from the middle and large households who are the most active among the market capital groups.

The core of everyone's topic discussion has gradually shifted from hype on concept stocks in the main line of "technological growth" to potential blue-chip stocks, theme stocks, and restructuring anticipation stocks in the fields of "infrastructure" and "military industry".

Among them, everyone targeted 'Fushun Special Steel', 'Chengfei Technology', 'LeTV', 'Hengsheng Electronics', 'Huaguo MCC', 'Huaguo Railway Construction', 'Huahang Optoelectronics', 'Hangfa Power' 'Wait for a lot of stocks, the discussion heat is also rising steadily, and the views are becoming more and more clear.

"The performance of today's market volume has declined a lot compared to yesterday!"

In the Yuhang main hot money group where Su Yu belongs, someone said with emotion: "The volume can decay so much, I feel that the Shanghai Stock Exchange Index is around 2400 points, and I am afraid that there will be another toss."

"Although the market as a whole has shrunk today, in fact, the performance of the two main lines of 'military industry' and 'infrastructure' is still in a strong state, and the performance of many concept stocks is also remarkable. It's interesting, and... I feel that the core hype logic of the two main lines of 'military industry' and 'infrastructure' is still spreading and fermenting in depth. For example, today's 'port shipping' stocks are actually doing well, obviously. Stronger than the Shanghai market.”

"Indeed, the shrinking of the market, on the one hand, does mean that the market has insufficient incremental funds here, and the active funds in the market are limited, which cannot support the market's large-scale and continuous upward breakthrough. The main line of the market, in such a shrinking form, can still maintain an upward trend, and it can also explain the structure of the market's bargaining chips. Most of them are locked, right?"

"From this logic, it is correct."

"For the line of 'big infrastructure', the real start time of the market should be counted in early April, and after more than two months, the trend evolution of nearly a quarter has reached this position, and the bargaining chip structure can still be locked. It is good, and it actually proves that everyone is still more optimistic about the sustainable market trend in this direction.”

"There should be no doubts about this. After all, President Su takes the lead in the entire "big infrastructure" line. I estimate that as long as President Su's "Wealth Road" does not publicly reduce positions and stop profits on a large scale on the Dragon and Tiger List, the direction of the The bargaining chip structure should continue to be maintained.”

"After several months of continuous adjustment and consolidation, the main trend of 'big infrastructure' has now been established. At this time, it is actually a good thing to shrink on the way up."

"No matter how the market changes, as long as the core line of the 'big infrastructure' remains unchanged, then there will be no big problem."

"As far as the market is concerned, relying on the line of 'big infrastructure construction', there is definitely not much risk at present, but within the main line of 'big infrastructure construction', the trend of the corresponding concept stocks seems to be obviously out of sync, a bit high and low It means switching."

"Indeed, at the same time, the core hot concept stocks in the field of 'infrastructure', the trend of 'Beijiang Communication Construction' today is obviously weaker than that of 'Tianshan Cement', 'Shanghai Construction Engineering' and 'Fushun Special Steel'. After the main line of 'big infrastructure' has come out in an all-round way, it feels a little bit over the top."

"This is the change of the high-low switching market within the sector, and the market outlook should be noted and avoided."

"The check for 'Beijiang Jiaotong Construction' should have data on the Dragon and Tiger List today, right? Let's see how the list goes. If Mr. Su's 'Fortune Road' is on the sell list, what will happen to the check? , it should be less likely to hit new highs in the future.”

"The absolute leader of the current market popularity has switched to the stock 'Fushun Special Steel'."

"No way, this check combines the concepts of 'infrastructure', 'military industry', and 'nuclear power', and they are all fundamentals, with real demand growth, strong expectations, a lot of smart funds in the market, and the overall stock price position of this check It is very low, and it is unreasonable for everyone not to grab the chips in this position."

"A group of friends said that there was a change in 'port and shipping' today. What is the logic of this?"

"The logic of 'port shipping' is not very clear at present, we can take a look at it later."

"The 'port and shipping' sector should be brought up by the 'Shanghai Free Trade Zone' today, right? After all, the 'Shanghai-Hong Kong Group' has skyrocketed!"

"Isn't it the logical line of 'Shanghai Free Trade Zone'? After all, other core stocks in the 'Shanghai Free Trade Zone', such as 'Shanghai Sanmao' and 'Shanghai Steel Union' are based on the logic of the 'Free Trade Zone'. The old leader in the early stage has not moved today, and the check of the Shanghai Steel Federation has dropped by 5 points today."

"That... what kind of logic is that?"

"The Eurasian Economic Belt, the concept of the Silk Road in the new era, right?"

"Holy shit, it's really possible to say that, damn it... the vision of some big institutions is really unique. There are still a lot of awesome institutions in the market. The logic of this line is so smooth, it's really amazing. pretty."

"The Eurasian Economic Belt, this logical line, is also one of the underlying logics of the 'big infrastructure'?"

"Of course it is. If domestic demand is sluggish, it is necessary to boost external demand. Isn't the 'big infrastructure' strategy just a two-round launch, and the domestic demand and external demand resonate before the market breaks out?"

"According to this logical line, the follow-up "big infrastructure" main line market will probably spread to the direction of "railway transportation" and "port shipping"?"

"I feel that there is a high probability that this will develop."

"The logical line is clear, and it is indeed possible to lay out such a layout, and the positions are hidden in advance."

"After carefully sorting out the underlying logical expectations of the 'big infrastructure', I found that this big main line is related, and there are really many conceptual main lines with strong expectations. At the same time, the policy support is also very strong, and the future policy is expected to be good. It is also very strong. Ah, if the various underlying logics of this line are further deepened and fermented, and are recognized by the majority of investors in the market, especially the majority of retail investors on and off the market, then the intensity and breadth of the subsequent market trend of this major main line will be greatly improved. It's really... I can't even imagine it!"

"If several logical lines can be fully fermented and more expectations are raised... at least there will be no problem in supporting the 2500 points on the Shanghai Stock Exchange Index."

"The deeper the analysis, the more I feel that the line of 'big infrastructure' has unlimited potential."

"What's this called? When it's rising, it's all good at first glance. When it's falling, it's all bad at first glance. Let me tell you, even though the expectation of the line of 'big infrastructure' is good, it's still not good." There are certain variables, and the line of 'technological growth', although the underlying investment logic has collapsed, is not completely useless. At least in the two major industries of 'mobile Internet' and 'smartphone industry chain', demand It is still exploding rapidly, we...we are still calm, and it may be better to look at the market objectively."

"Hey, it's not necessary. After all, the vast majority of people in our group are speculating in the short term, and what they value is market sentiment. This underlying logic is studied by large market institutions. We can refer to it. But there’s no need to go that deep.”

"Although 'Dew in Love' is good, it has to follow the market trend. I think there is no harm in doing more research."

"In any case, the hype logic and expected space of the 'Fushun Special Steel' check should be relatively certain, and it is also a stock that can be clearly participated in tomorrow and the next day."

"In the direction of 'military industry', the check of 'Chengfei Technology' is also worthy of attention."

"After all, in the entire 'military industry' field, this check is currently the most reorganized concept stock. Funds from all walks of life will definitely gather here, and there will be a lot of speculation."

"'Port and shipping' is a sector that has not been fully blown into the wind. Which concept stock has more potential? I have recently chased up and undertook, and most of them lost a lot of money. Now... I want to try the one that is lurking and waiting for the wind. Layout, see if you can reverse the bad luck of the account."

"'Port Shipping' currently has no relatively clear hot stocks coming out, so it's hard to say."

"On the other hand, the 'high-speed rail' sector can be laid out clearly, and the target stocks are relatively clear. At the same time... this is also following the direction of the policy. If you concentrate on speculation, you don't have to worry about regulatory issues at all. And... Zhang Mengzhu has already entered In this field, is it possible to build a large-scale position in the stock of 'Huaguo Railway Construction'? It is entirely possible to take advantage of the wind to attack this line."

"Yes, the 'high-speed rail' sector, now 'high-speed rail' has become a beautiful business card of our country to the outside world, and its competitiveness is international, so it is also fully squeezed into the first-class, or even the top echelon."

"Haha... After such an analysis, although the line of 'technological growth' has collapsed, there are really many stocks, concepts, and themes that the market can do!"

"Naturally, there are quite a few. After all, the line of 'big infrastructure' is too big."

"There are so many themes and concepts that can be done. I really hope that the index can stay here for a longer time, and the emotions can spread deeper. In this way...the explosive power of the subsequent main rising market will be stronger!"

In the main hot money group, everyone speaks freely, predicts the market outlook, and weighs the target stocks suitable for participation in the evolution of the market outlook...

With the rapid refresh of news in the group, as well as the constant changes in market news and emotions.

At 5:30 p.m., the rankings of dragons and tigers in the two cities were refreshed.

I saw a total of 26 stocks on the list in the entire market. Compared with last Friday, the number of stocks on the list showed obvious signs of decline. ... This is also a normal market reaction under the pattern of 'twenty-eight divisions'.

After all, when the market mainly shifts to medium and large-cap stocks.

Since the circulation of medium and large-cap stocks is generally relatively large, and the intraday volatility is relatively limited, if they fail to meet the conditions for landing on the Dragon and Tiger List, the number of stocks on the list will naturally plummet.

(End of this chapter)