The investment era of rebirth

Chapter 582 The Journey of the Bull Market (27)!

"I think so too." Zhou Qiang nodded, "As long as the funds of the 'Yuhang Department' can be kept in a continuous lock-up state, then the market will be in the main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt' and 'New China'. Expectations in the main areas of the main concepts and themes of Times Road, Maritime Silk Road, and the reform and reorganization of central enterprises and state-owned enterprises will continue to increase, and the market should continue to go up.”

"only……"

Zhou Qiang paused, and then said: "The market volume can never be released, which is always a hidden danger. If the market can't get rid of the stock game pattern, then in the main lines of 'infrastructure', 'military industry', and the 'Eurasian Economic Belt' , 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises' have continued to absorb blood, and the market as a whole may not be able to form a substantial upward breakthrough trend."

"After all, the final point of stock price rise still has to fall on the performance of the amount of funds."

"Once the market can't get rid of the stock game pattern, then the main lines of 'infrastructure' and 'military industry', as well as the major conceptual themes of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of State-owned Enterprises' The size of the mainline, and other mainline fields in the venue, there are not so many "blood bags" that can be absorbed by these core mainlines, and the funds to be undertaken cannot support the continued upward trend of these major mainlines."

"Then, even if there is still some expected support for these major lines, I'm afraid it will be difficult to get out of a higher market space!"

After hearing Zhou Qiang's worries, Gong Tiancheng pondered for a moment, then responded with a smile: "Actually, your worries are completely unnecessary. After all, as long as the market's money-making effect continues, especially the main lines of 'infrastructure' and 'military industry', As well as popular concept stocks in these fields, such as "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises", are still being hyped upwards. With the nature of rising and falling, the potential retail investor group outside the market will obviously be attracted by this money-making effect of the market.”

"As long as this group of investors can continue to enter the market, there will be no shortage of incremental funds in the market."

"at the same time……"

Gong Tiancheng smiled lightly, and continued: "Don't forget, after the investment logic of the line of 'technological growth' collapsed, all the institutional groups inside and outside the venue needed to find the next relatively definite main line and conduct adjustments. Compared with retail investors, institutional groups like ours have a minimum position limit."

"There is also the current main line of 'infrastructure' and 'military industry', as well as the weight of institutional holdings in the main areas of the main concepts of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'. The overall level is not high, and after the institutional groups have generally fled from the main line of 'technological growth', these main line areas have the motivation for large-scale intervention of institutional funds."

"Moreover, the financial situation in the macro direction is actually gradually improving."

"First of all, in terms of the external environment, the direction of the Federal Reserve's interest rate meeting has changed. Secondly, after experiencing two bank money shortage crises, our domestic central bank has recently been moving closer to the overall monetary strategy of loose liquidity. , Finally, in the overall environment, the surge of hot money is actually quite intense, and a lot of funds have not found good investment channels."

"In this situation..."

"As long as the stock market can show a certain sustainable profit-making effect, then these hot money that can't find a good way to invest will definitely flood into the stock market on a large scale. After all, although the current property market policy has been relaxed, it will take time for the property market to recover. react."

"Overall, the financial situation in the market is not bad. What is really missing is confidence."

"However, even if it is because of years of bear market suffering and lack of market confidence, after the previous main line of 'technological growth' surged, and in April and May, there are now main lines of 'infrastructure', 'military industry', and 'Asia and Europe'. Driven by the market in the main areas of several major concept themes such as the Economic Belt, the New Era Road, and the Maritime Silk Road, and the reform and reorganization of central enterprises and state-owned enterprises, there has been a clear pick-up and turn.”

"In this way, investment confidence will pick up and turn, and a steady stream of incremental funds will naturally come in."

"current……"

Gong Tiancheng paused, thought for a while, and then continued: "The key point is whether the market's profit-making effect can continue to expand, with the main lines of 'infrastructure' and 'military industry', as well as 'Asia-Europe Economic Belt' and 'New Era Road'." , Maritime Silk Road', and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises', can the market extended from the main themes of several major concepts continue to spread in depth and form a larger main market."

"The bigger main line market?" Zhou Qiang was slightly taken aback.

Gong Tiancheng nodded, and said with a smile: "Yes, if the market wants to really go bullish, it is not enough to rely on the anticipation of these few lines alone. Only when more main lines are expected can the market have a sufficient height. If" The main lines of "infrastructure" and "military industry", as well as the main lines of "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises" can drive all undervalued blue chips and white horses in the direction of the main board Stocks, so that the blue chips and white horse stocks in the entire market have the expected logic of 'revaluation', then... I am afraid that a 'bull market' can be expected."

"Is it possible?" Zhou Qiang said, "At present, whether it is the traditional main line fields such as 'big finance', 'big consumption', 'color cycle', 'medicine', etc., industry expectations have not recovered. In the fields of non-ferrous metals, petrochemicals, and non-ferrous metals, the problem of overcapacity is still very serious, and we have to wait for the production capacity to be cleared and the industry to reverse... At present, there are no obvious signals and signs at all."

"No one can accurately predict the top and bottom of the cycle." Gong Tiancheng said, "We can only follow the market performance and expectations."

"It is true that many industries in the traditional field have not yet shown signs of 'distress reversal'."

"But there is no doubt that in terms of macro policy direction, the proposed 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'Rural Revitalization', 'Unbundling of the Property Market', and 'Acceleration of Urbanization' Conceptual themes such as these have given traditional industries the expectation of a "dilemma reversal", and given many industries external demand to expand, internal demand to stimulate growth, and at the same time clear internal production capacity through "reform and reorganization" and "merger and reorganization". series of opportunities and hopes."

"Let's speculate in stocks, we speculate on expectations, not fulfillment of expectations."

"As long as there is an expectation, and the entire market, and even the direction of the macro policy, agrees with and encourages this expectation, and at the same time, various capital groups in the market agree with this expectation logic, then... at this moment, the overall valuation level of the market is low enough. When there is a certain degree of poor expectation and bad mood in future expectations, it is predictable that the market will explode."

"So, I am optimistic about the main lines of 'infrastructure' and 'military industry', as well as the main lines of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'. Continue to drive the main line of other traditional fields, and even the 'blue chip' and 'white horse' stocks of the entire market, to carry out 'value revaluation'."

"I also believe that under the current extremely low valuation level, the market can rely on these beautiful future expectations to achieve a continuous breakthrough trend, and hit the 2500-point pressure mark upwards, and even continue upwards, inducing a 'bull market' market."

Zhou Qiang didn't expect Gong Tiancheng to be so optimistic about the market outlook, he was stunned, and thought carefully about Gong Tiancheng's logical problems in market analysis, as well as some problems such as capital performance, emotional performance, and market performance in the current market, and suddenly Feeling that the market seems to have the genes of a 'bull market', I couldn't help being shocked, and said excitedly: "Manager Gong, since this is the case...then we should completely adjust our trading strategy and investment strategy, and be more active in the market, right? "

"There is no need to be so anxious." Gong Tiancheng said with a smile, "The change of market conditions cannot be achieved overnight. Whether it is the overall recovery of emotions or funds, it is a subtle and long-term quantitative change that can cause the final change. We should maintain enough optimism in the overall trading strategy and investment strategy, but we still have to be patient and take our time when it comes to the specific layout and positions.”

"However, a series of important target stocks for the main lines of 'infrastructure' and 'military industry', as well as the main lines of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises' , but we don’t have to wait any longer.”

"Look at the market trends of these major lines, as well as the follow-up of the overall funds."

"There are really a lot of main funds for the follow-up rush to raise chips in this field."

"Even if the index trend fluctuates in the overall upward trend, I am afraid that the core stocks in these major areas will not fluctuate with the index correction. It means that if we continue to wait, the cost of building a warehouse will be higher."

"Of course, there are currently no core blue-chip and white horse stocks in other traditional mainline areas that have been clearly launched."

"We can partly divide the positions and carry out the mode of gradually picking up chips at low positions, and we can also hold positions patiently and wait for the arrival of the 'market east wind'."

"Okay, I understand!" Zhou Qiang nodded.

At the same time, through the market analysis and investment insights of the other party, he has to admire that the other party's market analysis ability and investment ability are indeed far superior to his own. At the same time, he also realizes that his understanding of the market is still too shallow Some, there is still a lot to learn.

And with the two of them discussing the entire market after the Dragon and Tiger List.

almost the same time.

In the entire market, among the institutional groups, large hot money investors, and retail investor groups, the topic discussions were equally intense.

And when the time entered after 6 o'clock in the afternoon, various financial media inside and outside the market, brokerage analysts, star fund managers, and stock commentators V also began to actively speak out frequently, and everyone was analyzing the market and market outlook. , is also the same brainless singing.

Of course, in this unanimous singing voice.

Everyone has a clear bias towards the bearish view of the main investment line of "technical growth" that has stepped out of the continuous adjustment situation.

"It is said that the nature of retail investors in the market is to 'chasing ups and downs'. These financial media, brokerage analysts, celebrity fund managers, and stock commentators seem to have no different opinions." Li Meng sat on the sofa in the living room On the Internet, using a tablet computer to scan the stock market information on the Internet, I couldn’t help complaining, “I really don’t have any independent point of view analysis, a lot of it is far-fetched and forced to make logic.”

In the past, she thought that these analysts, celebrity fund managers, and financial big Vs had a lot of real skills.

But now... After she experienced Su Yu's continuous guidance and the influence of stock market operations, she suddenly realized that these people were actually nothing more than that.

Su Yu sat next to her, biting an apple, and said with a smile: "It's not that they are good at cooking, but that many people here are still essentially bearish on the market, but when it comes to public speaking, you have to be careful, so I just said Nonsense, some logic and reasons that I don’t agree with.”

"No wonder." Li Meng was stunned.

"However, no matter whether these people are sincerely bullish on the market, or whether they are using real money to do more, as long as they continue to speak out, and continue to shout the slogan of "doing more", it will always have some effect on the market. " Su Yu said, "After all, what the current market needs is not 'old leeks', but a large number of potential 'new leeks' outside the market. 'They actively enter the market and provide continuous incremental funds to the market, then the market will have a steady stream of running water, and the market will naturally be able to continue to develop."

Li Meng was somewhat surprised when he heard his words, and at the same time felt a little funny, and said: "'New leek', 'Sexin leek', 'Old leek'...you are really... a loss to countless retail investors inside and outside the market. The group still regards you as the 'beacon' of the market."

"It's just a joke." Su Yu said, "In fact, at this time, investors who can follow the slogan to enter the market, as long as they are patient and determined, they can make money no matter what. After all, the market's emotional, financial, and The fundamentals are really in an obvious reversal situation, and the effect of making money is really improving.”

Li Meng nodded, and responded: "That's right, sometimes I think about it... The direction of macro policy is still the biggest investment theme!"

"It's natural." Su Yu said with a smile, "A highly regulated market, a market dominated by emotions, and the direction of natural macro policies are the most certain directions for hype, but this thing...sometimes, you still have to gather From the perspective of industry fundamentals and market valuation levels, after all, the policy direction is just the wind, not the flame that ignites the market. If you only pay attention to the direction of the wind and ignore the actual flame, then in the end, it will be nothing."

(End of this chapter)