The investment era of rebirth

Chapter 578 The Journey of the Bull Market (23)!

It can be clearly felt through the opening of the market after the call auction.

The active capital groups in the market are mainly concentrated in the major industry sectors of 'port shipping', 'machinery equipment' and 'public transportation', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'state-owned enterprises and state-owned enterprises' Reform and reorganization' several major concepts and main theme areas, among which, the 'port and shipping' sector performed particularly well, and many core constituent stocks opened higher by more than 1%.

As for the core sectors of 'military industry' and 'infrastructure' that performed strongly in the past two days, and the main line sector of 'technology growth' that was once hyped by funds.

At the moment, they all behaved more flatly.

Among them, the core sectors of 'military industry' and 'infrastructure' remained sideways.

The core sector of the main line of "Technology Growth" has gone through a trend of rising first and then falling during the entire call auction time. Under the influence of many bottom-hunting funds, the performance is still relatively weak. position at the end of the ranking.

In addition to these main-line hot areas with high market attention...

Others, such as 'big finance', 'big consumption', 'non-ferrous metals', 'coal', 'chemical oil' and other core sectors, basically showed a trend of continuous shrinkage, and their market trends were in line with the market's major indexes The fluctuations are relatively consistent, and there is no sign of any independent trend. At the same time... there is no trace of the core main funds, the activities of individual stocks in these fields.

"The trend of 'LeTV' will not go down again, right?"

At 9:26, when the call auction of the two cities ended, some of the retail investors in the market who were paying attention to the market said with emotion: "Damn, if there is another limit down, there will be three limit downs. This cut is really painful. In the bone."

"Judging from the call auction trend of 'LeTV', even if there is no lower limit today, I am afraid there will be no strong rebound trend, right?"

"Judging from the call auction, there is a lot of funds for the prying board stock today, even...the funds for selling are also a lot. It feels a bit like a fight between gods and gods."

"The funds sold are not a lot, but a huge amount!"

"Should it be the institutions throwing it away? For the prying board, it should be mostly hot money."

"Regardless of the composition of the prying board and the various funds sold, anyway, I think... the stocks whose company fundamentals and future expectations have completely collapsed are obviously untouchable in the short term. More than 2000 stocks in the two markets There are quite a few stocks out of the bullish trend, so there is no need to keep staring at this stock.”

"Looking at this stock, I mainly want to know how the main line of 'technology growth' will go next."

"There is no doubt that the collapse of the investment logic of 'LeTV' has deeply affected the investment logic of the main line of 'technological growth'. At this time, it is reasonable to avoid this main line."

"However, judging from today's call auction, the line of 'technological growth' is obviously oversold in the short term, and there is a high probability that there will be a wave of oversold rebound."

"The investment logic has collapsed and there has been a rebound. It is estimated that it is also a weak rebound under the main force's self-help."

"Like this kind of weak rebound, it is easy to be buried after participating. I think...the value of participation is really not great."

"'The strong are always strong, and the weak are always weak'! There is an obvious downward adjustment trend. To participate in this rebound, it is really better to chase the core stocks in the two main lines of 'infrastructure' and 'military industry'."

"The core stocks of the two main lines of 'infrastructure' and 'military industry'...at present, the adjustment should not be over yet?"

"The adjustment is not over, but the expectation is upward! One is expected to be upward, and the other is expected to be downward. The stocks that obviously participate in the upward expectation are easier to make profits!"

"Makes sense..."

"However, judging from the collective bidding, the hottest point in the market is still 'port shipping'."

"'Yinkou Port' 10 free 30 has brought up the hype sentiment of this sector. At the same time, the two core concepts of 'Asia-Europe Economic Belt' and 'New Era Road, Maritime Silk Road' are also closely related to this sector. In the short term... this sector should still be worth participating in."

"'Port shipping' is also part of the main line of 'big infrastructure'?"

"It must be, and it is still the core sector of the 'big infrastructure'."

"It's a pity that the word 'Yinkou Port' has a daily limit. If I want to participate today, I don't have a chance."

"Other stocks in the field of "big infrastructure" with the expectation of "high delivery and transfer" feel that they can be laid out latently, and the main funds in the market will definitely hype in this direction."

"I think instead of chasing the wind, it is better to wait for the wind to come, continue to increase the core stocks of 'military industry' and 'infrastructure' that have performed well in the early stage, and wait for these stocks to end the short-term adjustment and break through again. Isn't it good? Sometimes... Slow is fast, fast is slow!"

"It's okay like this, but after buying, it's a bit difficult. I don't know when the adjustment of these tickets will end."

"It shouldn't be too long, right? After all, the greater the time and space for adjustment, the greater the impact on the market's emotional expectations in these directions and on these core individual stocks. The longer the adjustment takes, the more likely it will continue to break through and rise." Hope, it will be smaller, so... I think the main funds should not let the market stay here for too long."

"At this time, the test is patience."

"The two main lines of 'infrastructure' and 'military industry' have been hyped by the main funds in the early stage, and now there are a lot of core stocks that are relatively high. The intention of the main funds is obviously to shake up the position, so as to quickly clear the market. The short-term profit-making and unsteady hold-up chips will definitely not be adjusted for too long."

"In a word, no matter how the market changes, I will only follow Mr. Su's "Wealth Road" operation. As long as Mr. Su's "Wealth Road" has not appeared in the net sales of the Dragon and Tiger List, at the same time, "Infrastructure", " The investment logic in the military industry' mainline field is still available, so I will hold positions with peace of mind and will not waver."

"Hey, in the current market, the funds to follow Mr. Su's 'Fortune Road' should be huge, right?"

"That's for sure! However, the main direction chosen by Mr. Su's "Wealth Road" is also very large, and it is completely capable of carrying these huge follow-up funds."

"The entire main line of 'big infrastructure' is huge, not to mention the follow-up funds, and the incremental funds of 5000 billion coming in from outside the market may not have a particularly big impact."

"5000 billion incremental capital? If such a huge incremental capital enters the market, it should be able to set off a bull market!"

"Thinking too much, why is the bull market so easy?"

"The holdings of the 'national team' on the field should have already exceeded 5000 billion, right? There was no splash."

"The volume of positions and incremental funds are still not the same."

"In any case, it's too early for the market to say 'bull market', but ... there is no need to be pessimistic."

"Overall, the market as a whole is still slowly improving. Especially in the past two days, the external market trend has been very poor, but the A-shares have stayed here and haven't fallen at all. It feels like the market is gradually strengthening, and even It is a sign of going out of the independent trend in the future!"

"After the Shanghai stock index actually broke through 2300 points, the trend is indeed a bit different."

"Hey...so, what's there to be afraid of?"

"Compared to the external market, our big A should not have fallen. Looking at the global stock market, the overall valuation of A shares is already the lowest."

"You can't look at the whole thing. In the main line of 'technological growth', many growth stocks are still generally valued at more than 100 times PE."

"So, steer clear of highly valued 'tech growth' stocks for now."

"Well, I feel that there are indeed more opportunities for undervalued blue chips in the future than growth stocks in the 'Technology Growth' category."

"The major institutions in the market also said the same thing, but they don't know... this time, whether the institutions can predict accurately, don't..."

"The words of institutions are not credible, but the continuous flow and accumulation of market funds should not be deceiving."

When many retail investors were discussing fiercely during the short 5-minute suspension period, before they knew it, the market had reached the official continuous auction trading time point of 9:30.

I saw that after just 5 minutes of emotional brewing.

At the moment when the stagnant two markets started to bounce again, as a hot stock with a high degree of attention in the market, 'Chengfei Technology' once again took a swift and violent attitude, pulling up explosively and closing the board rapidly. At the same time, 'LeTV' , 'Fushun Special Steel', 'Beijiang Communication Construction' and many other core popular stocks also rose rapidly.

At 9:31, the daily limit of 'Chengfei Technology' realized the change of four consecutive boards, which further opened up the height of the market's recent board-connected space, set an example for the follow-up hot concept stocks, and further stimulated The active capital groups on the market are surrounding the hype around the core directions of 'infrastructure' and 'military industry', which has increased the risk appetite of the entire market on the core main line.

at the same time……

In 1 minute, 'LeTV' had an explosive volume of 1.3 million and a daily turnover of 4.2 million. The stock price once again rose from the limit position, and the intraday decline narrowed rapidly, returning to a decline of around 7%.

And 'Fushun Special Steel' continued to maintain a sideways shock mode after a short-term pull-up.

As for 'Northern Xinjiang Communication Construction', after the rapid rise, there was an obvious gap in funds to undertake.

At 9:32, under the support of good market hype sentiment and the rapid rise of many popular concept stocks at the beginning of the session, the Shanghai Index, Shenzhen Stock Exchange Index, and ChiNext Index achieved a red market. At the same time, the overall market pattern, The performance is also quite balanced, without the tearing trend of the previous two days.

At 9:33, as the market decline of 'LeTV' narrowed, a number of core concept sectors in the main line of 'Technology Growth' and related core stocks, such as 'Huayi Brothers', 'Netspeed Technology', ' A number of stocks such as Huaguo Software' and 'Inspur Information' also rose slowly, and achieved red market one after another.

At 9:34, the Shanghai stock index once again stood at 2400 points.

At 9:35, the intraday increase of the "port and shipping" sector index broke through to around 1.5%. Related stocks in the theme field have also continued to be chased by the main funds.

At 9:36, the growth rate of the big concept theme "Reform and Reorganization of Central Enterprises and State-owned Enterprises" squeezed into the top of the rise list of the concept sectors in the two cities, and related concept stocks, especially low-end small and medium-cap concept stocks with a market value of less than 100 billion, the main capital attack strength Extremely fast.

At 9:37, the Shanghai stock index hit around 2406 points.

At 9:38, when the main line market expectations of the big concept theme of "reform and reorganization of central enterprises and state-owned enterprises" became stronger and stronger, and began to siphon active capital groups in the market, the "architectural decoration" and "architectural decoration" in the field of "big infrastructure" Core sectors such as "materials" and "real estate development" also rose following the red plate.

At 9:39, the Shanghai stock index hit around 2410 points, and the increase expanded to around 0.7%.

At 9:40 a.m., the Shanghai Index, which soared rapidly, and the Shenzhen Stock Exchange Index and ChiNext Index, which also followed the trend, showed a wave of obvious explosions in the continuous upward breakthrough trend.

At 9:41, after the stock index hit the highest point of 2413.33 points, the overall performance of the market's time-sharing volume was insufficient. After the time-sharing volume broke out, it shrank, and at the same time, the selling pressure from above became heavier and heavier .

At 9:42, the Shanghai Stock Exchange Index turned around and fell back to around 2410 points.

After that, for nearly an hour, the Shanghai Stock Exchange Index has been oscillating strongly around the range of 1 points to 2400 points, while the Shenzhen Stock Exchange Index and the ChiNext Index also maintained a range of 2410% increase in the red market. The trend of the entire market, Due to the poor overall volume, it was once again trapped at the 0.5-point mark.

"I feel that the market adjustment is not enough, and it still needs to fluctuate around 2400 points, so as to further digest the upper selling pressure and short-term profit taking!" Around 10:50 in the morning, Yuhang, inside Minghui Capital Group, the main fund trading room, He Hong, the fund manager who has been observing changes in the market, frowned slightly and said, "Market adjustments are still somewhat lacking in terms of time and space."

Standing behind He Hong, Xu Zhongji, who was looking at the big screen in the trading room with a smile, nodded slightly and said: "It is true that in terms of time and space, it is still a little bit short, but... in the current main market field, various institutional groups inside and outside the market Holding positions are obviously insufficient."

"Although the selling pressure above the market is heavy, there is still a lack of time and space for adjustment."

"However, when major institutions are eager to increase their main line positions."

"I'm afraid that the index and the corresponding core stocks of the main line, the room for downward adjustment has been completely sealed."

"President Xu means..." He Hong heard this, his heart shuddered, and said, "The index may continue to fluctuate sideways, but the core stocks of the main line are very likely to fluctuate higher and higher during the sideways fluctuation of the index. , There is no opportunity and space for downward adjustment at all?"

Xu Zhongji nodded slightly, and responded: "Yes, the market trends cannot be consistent, and the expectations and trends of the major areas of the main line cannot be synchronized. The two main lines of 'infrastructure' and 'military industry' , In fact, from an essential analysis, the investment logic and future expectations are after the market has released the main concepts and themes of "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises". Obviously, it is further strengthening, and institutions happen to be in these two main lines, and their positions are obviously insufficient. Under such circumstances...for the core stocks that are expected to be good in these two main lines, there is no way to pull back to a low level, so that other funds Is it possible to continue to get in the car at a low position?"

(End of this chapter)