The investment era of rebirth

Chapter 573 The Journey of the Bull Market ([-])!
Later, just when everyone thought that the Shanghai Stock Exchange Index would break through 2400 points without hindrance under the leadership of the two main lines of 'military industry' and 'infrastructure'. On the market of heavyweight stocks, the selling volume can increase suddenly.

Among them, the check of 'Fushun Special Steel', which has attracted great attention from the market in particular.

On its disk, there were suddenly 5000 or even [-] lots of selling and selling orders in a row, and its stock price fell rapidly from the intraday high when the trading volume was rapidly enlarged.

At 9:37, the share price of 'Fushun Special Steel' dropped below 5%, below the opening price.

At the same time, the stock price of 'Beijiang Communication Construction' turned green. On the disk, the selling volume can increase with time, and the willingness of profit-making funds to exit the market at a profit is extremely strong.

At 9:38, a large number of relatively concentrated active sell orders emerged on the disk of core weight stocks in the fields of "infrastructure" and "military industry" such as "Huaguo MCC, Huaguo Communication Construction, Huaguo Railway Construction, Huahang Optoelectronics" , The stock price fell from the high point at the beginning of the session, and the rapid rise was a pause.

At 9:39, the Shanghai stock index fell back to near the opening point.

At 9:40, the decline in the Shenzhen Index and the ChiNext Index also expanded as the Shanghai Index rose and fell.

At 9:41, the stock price of 'Fushun Special Steel' continued to fall back to around 3%. Its trading volume had reached 10% within 5 minutes of opening, and the turnover in 10 minutes broke through to 2.36 million, which was higher than that of the previous few transactions. The daily trend performance can be described as a substantial increase in volume.

At 9:42, at the beginning of the session, the active funds in the market following the trend of 'infrastructure' and 'military industry' obviously ebbed. Many popular concept stocks and core weight stocks in the main line fields of 'infrastructure' and 'military industry', the market share From this moment on, the trading volume also shows a trend of gradually shrinking.

At 9:43, when the market prices of the two main lines of "infrastructure" and "military industry" surged and fell back, showing a pattern of shocks, the short-term profit-making funds pouring out of the main lines of "infrastructure" and "military industry" were quite a lot. Started to pour into the main line of 'Technology Growth' which is undergoing short-term deep adjustment.

At 9:44, Lexun Precision in the fields of "Consumer Electronics" and "Apple Concept" rose.

At 9:45, Lixun Precision rose more than 1%.

At 9:46, Changying Precision followed the trend, and the entire "technological growth" main line field, domestic software, film and television media, Internet finance and other core concept theme sector indexes all rebounded to varying degrees.

At 9:47, the GEM index and the small and medium-sized board index, which had fallen rapidly for a while, rebounded briefly on the main line of "technological growth", and the decline in the market narrowed accordingly. At the same time, the gap between the gains and the Shanghai index also narrowed rapidly.

At 9:48, the stock of Wangsu Technology ushered in a thousand-hand level of main buying funds to buy bottom.

At 9:49, on the limit-down 'LeTV' board, there was the first 30-handed buyer to buy a pry board after the market opened. The number of hands has dropped sharply to about 18, and there is a certain hope of opening the board.

At 9:50, "Hengsheng Electronics" and "Sanjiang Shopping", which opened sharply lower, climbed rapidly, and the decline also narrowed rapidly.

At 9:51, more and more funds poured into the main line of "Technology Growth" to buy bottoms. At the same time, the ChiNext Index further narrowed its decline to less than 0.2%, and there was great hope of turning red.

At 9:52, the Shenzhen Index became popular, and the increase was in sync with that of the Shanghai Index.

At 9:53, the three major indexes all turned red, but the gains were all maintained within 0.3%, showing a trend of a slight increase within the day. The panic selling sentiment in the entire "technological growth" main line field, compared with the previous two trading days, was significantly higher. Significantly eased, the market of many corresponding concept stocks also stabilized after two consecutive trading days.

At 9:54, 'Hengsheng Electronics' became popular, and the two concept sector indexes of 'Internet Finance' and 'E-Commerce' rose rapidly, and the corresponding concept stocks also followed suit.

At 9:55, the limit-down order on 'LeTV' was further reduced to around 15 lots.

At 9:56, on the price limit of 'LeTV', there were active large-scale buying orders to pry the board.

At 9:57, just when everyone thought that there was a high probability that the price limit of "LeTV" would be opened, they all followed suit and invested funds, and when they followed the big money to pry the board, the market of "LeTV" increased by 6 almost in an instant. Wanshou's limit-down order extinguished the glimmer of hope that had just been revealed.

At 9:58, under the extremely high degree of attention, when everyone saw that the limit-down orders of 'LeTV' had further increased sharply, and after knowing that there was no hope of opening the market, the bottom-hunting funds flocking to 'LeTV' began to drop sharply in an instant .

At the same time, the main line of "technological growth", after absorbing the first wave of bottom-hunting funds, lost the follow-up funds in an instant when the limit-down opening of "LeTV" was expected to fall to the bottom. In the field of the main line, the stock prices of many core concept stocks that have rebounded rapidly have also begun to rise and fall, showing a weak rebound trend.

And when this situation is revealed...

As a weak mainline sector that was originally expected to be low, the follow-up funds to follow suit have become weaker and weaker as time goes by.

Therefore, when the market trading time exceeds 10 o'clock.

At 10:03, such as Wangsu Technology, Lixun Precision, Changying Precision, Hengsheng Electronics, Sanjiang Shopping, etc., the main concept stocks of "Technology Growth" that had taken the lead in the attack before retreated quickly, causing corresponding The concept sector index is also showing signs of decline, and the trend continues to fall.

At 10:04, in the downward trend of many concept stocks, the GEM index turned green again in the intraday session.

At 10:05, Shenzhi also turned green and went down.

At 10:06, the 'Film and Television Media' sector reappeared in a rapid decline trend, and many core concept sectors in the main line of 'Technology Growth' showed signs of running out of funding in terms of disk performance.

At 10:07, many investors felt that the short-term profit-making funds sold from the main line of 'infrastructure' and 'military industry' did not materially drive after a lot of funds poured into the main line of 'technological growth'. After the market in the main line of technology growth and the corresponding profit-making effect, its desire to sell chips in the main line of "infrastructure" and "military industry" to take profits has also weakened.

At 10:08, everyone saw that the adjustment of the main line of "technological growth" is still not over, and after the rotation of the market cannot be realized, many active capital groups in the market who were originally hesitant began to helplessly continue to buy "infrastructure" , 'Military industry' the bargaining chips of the two core areas of the main line.

At 10:09, under another change in the attack path of active capital groups in the market, the mainline sectors of 'Infrastructure' and 'Military Industry', which rose and fell, once again slowly gathered funds, and launched a rebound trend to recover the decline in the market.

At 10:10, 'Fushun Special Steel', which hit the minimum 1.5% increase mark, was the first to receive another attention from the main funds. The active buying volume on the market increased greatly, and the stock price quickly rebounded.

At 10:11, the share price of 'Fushun Special Steel' rose back to the 3% mark.

At 10:12, the stock price of 'Beijiang Communication Construction', which had already been underwater, also rebounded from the underwater and turned red.

At 10:13, the time-sharing trend of the Shanghai Stock Exchange Index also turned upward again, gathering strength again, and breaking through the 2400 point upwards.

At 10:14, the 'military industry' sector index rose back to its intraday high.

At 10:15, in the 'real estate' sector, Gemdale Group exploded in volume, rising in a straight line, with an increase of more than 3%.

Afterwards, the trends of the core sector indexes in the two major fields of 'military industry' and 'infrastructure' have once again brought volume upwards and continued to break through.

At 10:37, under the continuous accumulation of funds, the Shanghai Stock Exchange Index hit the integer mark of 2400 points.

At 10:40, the Shanghai Stock Exchange Index broke through 2400 points and refreshed the intraday high to 2405.33 points.

At the same time, the Shenzhen Stock Exchange Index and ChiNext Index were suppressed by the main line of "technological growth", and have been hovering in the range from a 0.3% decline to a flat position.

However, after the Shanghai stock index broke through the 2400-point suppression, it quickly consumed a wave of active market funds to buy.

With the further passage of trading time, limited by the lack of incremental funds in the market, the trend of weak upside began to appear again.

Moreover, in the main line fields of 'infrastructure' and 'military industry', the core concept sectors and industry sectors, as well as the trend of many popular concept stocks and core weight stocks, have exceeded the market index by a lot, and have continued to accumulate a large amount of short-term hype Take profit.

This has led to an upward trend. Once the strength is weak, once there is a problem with the supply of funds on the market.

These continuous accumulation of a large number of short-term profit-making orders began to flock to take profit and sell.

As a result, after 10:45, after breaking through 2400 points, the Shanghai Stock Exchange Index turned around at a rapid speed and fell again at this point. This made the Shanghai Index break through upwards, forming a pattern of breakthrough failures or false breakthroughs. Disk trend shape.

"The feeling index can't go up!"

At 10:50 in Shenzhen Stock Exchange, inside Xinniu Fund Company, in the trading room of the main fund, trading team leader Mou Zhengxing saw that the Shanghai Stock Exchange Index fell back below 2400 points, and the market rose, as well as the money-making effect of the main lines of 'infrastructure' and 'military industry' The market was still unable to expand, so he couldn't help but frowned, and said: "Limited by the overall capital capacity of the market, the pressure of the Shanghai Index to break through has become greater and greater. If this trend continues... I am afraid that the market will Around this position, it will have to fluctuate sideways for a while, right?"

Standing next to Mou Zhengxing, the fund manager Fang Xinsheng, who was staring at the big screen in the trading room, pondered for a while, and responded: "The market as a whole, before getting rid of the capital aspect of the stock game as a whole, if the Shanghai Stock Exchange Index is going to go up, then It cannot be a trend of continuous Dayang breakthroughs."

"at the same time……"

Fang Xinsheng paused, and then said: "According to the performance of the market at the moment, the adjustment of the line of 'technological growth' is far from over, and it will not be able to carry the rotation of the market in a short period of time, while the 'infrastructure', Although the two main lines of "military industry" are still expected to be strong, and the market investment sentiment in this field is not bad, but in terms of short-term hype, the accumulation of profit margins, under the essential condition of insufficient incremental capital in the market, must be obtained. After cleaning up, we will be able to continue to expand the market and continue to lead the index to break through.”

"So, stand at this time node."

"It is not realistic for the Shanghai stock index to continue to break through the 2400-point level and quickly approach the 2500-point mark."

"At the same time, the two main lines of 'infrastructure' and 'military industry', as well as the core industry sectors and concept sectors, may also enter a short-term shock trend."

"Since the line of 'technological growth' cannot carry the active funds in the market to make the main line market rotation, the two main lines of 'infrastructure' and 'military industry' cannot further expand the profit-making effect due to the accumulation of short-term profit margins, and continue to gather The active funds in the market follow the trend, so... where will the active fund group in the market go next?" After listening to Fang Xinsheng's analysis, Mou Zhengxing pondered for a moment and asked, "Look at the market trend, 'Infrastructure ', 'Military industry' has little chance of a large downward adjustment. The so-called resistance on the top and support on the bottom, and the core main lines cannot bear the further expansion of the short-term market. This market trend... At this node, It’s really tangled to go.”

Fang Xinsheng laughed and said: "The short-term active fund groups in the market, especially the hot money funds, have tried the main lines of 'technological growth', 'infrastructure', and 'military industry'. Most of them will focus on other areas that also have expectations and have less upward resistance."

"Currently..."

"Relying on the emotions created by the two core lines of 'infrastructure' and 'military industry', there are opportunities in the field of 'big consumption'."

"Of course, that's my guess."

"If funds don't gather in the field of 'big consumption'..."

Fang Xinsheng thought for a while, and then said: "Then we should follow the core logic of the two main lines of 'infrastructure' and 'military industry', dig deeper, and do the logical hype of the main lines of 'infrastructure' and 'pan-military industry', or It is said to superimpose other mainline concepts for hype and market.”

"The current expectations of 'big consumption' are not strong enough." Mou Zhengxing said, "In addition, individual stocks in the entire 'big consumption' field have a relatively complicated bargaining chip structure, which has never been the target of hot money groups that are active in the market. The so-called "pan-infrastructure" and "pan-military industry" mainline logic hype, as well as the good market sentiment created with the help of "infrastructure" and "military industry", superimpose and dig deeper on the original hype logic of "military industry" and "infrastructure" The probability of hype for other mainline concepts is higher.”

"Indeed!" Fang Xinsheng nodded in agreement and continued, "However, how to dig deep into and expand the market logic of the two main lines of 'military industry' and 'infrastructure' has not yet seen any signs. On the market, There seems to be nothing worthy of special attention..."

"Huh!" He was about to say that he could wait for the market to change, when suddenly he let out a cry of surprise.

"What's the matter?" Mou Zhengxing asked hastily.

Fang Xinsheng stared at the changes in the two markets seriously with his eyes, a smile gradually appeared on his face, and said: "The check for 'Yinkou Port' is so strong at this time that the daily limit is closed, it is really beautiful. In the field, a large number of active capital groups scrambling around like headless chickens seem to have found their direction in an instant. The expansion of the mainline market we just mentioned, and the market evolution of the superposition of the concept of the mainline, seem... to be becoming a reality."

(End of this chapter)