The investment era of rebirth

Chapter 584 The Journey of the Bull Market (29)!

Su Yu responded with a smile: "Under the background of the macro policy of 'Military Industry Asset Securitization Road' and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises', the more the stock price rises, the more it proves that the stock's restructuring expectations are stronger, and the restructuring The stronger the expectation, the more stable the hype logic of this check will be, and the natural stock price trend and the joint efforts of funds will become more and more consistent."

"However, the current market also needs this check to open up the situation."

"Only when this check has enough room for hype and the height of the board, can the active capital groups in the venue be stimulated to further gather hype in the fields of 'military industry' and 'infrastructure construction'!"

"Only after this check has enough room for speculation, can the sentiments spread and ferment further in the two conceptual themes of 'Military Industry Asset Securitization Road' and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', and stimulate potential off-site investor groups to gradually enter In order to provide continuous incremental funds to the entire market.”

Hearing Su Yu's words, Wang Can nodded slightly, thought for a while, and then asked: "Then...boss, do we need further guidance and stimulation on the market of this stock?"

"But it's not necessary." Su Yu said, "The active capital groups in the current market have a strong combined force on the line of 'military industry', and haven't we said it before? Whether it is the deepening of market sentiment or the market It takes time to respond to changes in investment confidence, and it may not be a good thing to stimulate market sentiment too much.”

"Boss Su, 'Yinkou Port' also opened with a one-word daily limit today." When Su Yu responded to Wang Can, Zhu Tianyang, who was also carefully observing the changes in the two markets in the trading room, also reported, "It seems... the market Various capital groups have further directed towards the two main lines of 'military industry' and 'infrastructure', as well as the core concept themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises' It is a sign of the convergence of the fields, and the active buying of many popular stocks and core weight stocks in these fields is quite obvious.”

"Well, indeed." Zhao Lijun also responded at this time, "The two main lines of 'military industry' and 'infrastructure', as well as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of State-owned Enterprises' The core stocks in the fields of these core concepts and themes cannot fall at all. As long as they fall a little, the underlying market will appear rapidly. I always feel that as the overall investment sentiment and investment confidence in the market recover, , the stock price has no room to fall, and there is a high probability that it will continue to go up.”

"Although the two main lines of 'military industry' and 'infrastructure', as well as the core concepts of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', a lot of concept stocks There is very limited room for adjustment with the core stocks, but the entire market, at this time...should not have the motivation to continue to break through strongly and go up." Hearing Zhao Lijun's words, Liu Yuan thought for a while and responded, "At the same time, the external market trend It should already be in the mid-to-short-term obvious adjustment, and the line of 'technological growth', after the investment logic has collapsed, will probably continue to adjust sharply in the short term, forming certain constraints on the market's upward breakthrough."

"In general……"

"In this situation, the market should still focus on the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of State-Owned Enterprises'." In the field of big core concepts and themes, the rotation of hot spots will not get rid of the turbulent pattern for the time being."

"Of course, in terms of the two major themes of 'military industry' and 'infrastructure', as well as the money-making effects of the core concepts of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises' Under the influence, as long as the line of 'technological growth' enters the end of a short-term adjustment and the index continues to break through upwards, the problem is not too big."

"Agree!" Zhang Guobing nodded with a smile, and continued, "The current market form should have developed according to our previous ideal expectations. Now that the market has fully explored the two main lines of 'military industry' and 'infrastructure', and The market value of the core 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', based on the market value of these major areas, as long as the expected logic does not If there are no extreme major negatives at the macro level, then the mainline market in these major fields can fully support the upward breakthrough of the entire market.”

"so……"

"Although the current market is affected by external trends, and market sentiment is temporarily suppressed to a certain extent, in the absence of fundamental changes in the overall main market and investment logic, the probability that our A shares will gradually get rid of the influence of the external market and strengthen independently, Still huge."

"Originally, the trend pattern of the A-share market and the external market cannot be generalized." Zhao Lijun said, "If you ask me... our big A should have an independent trend long ago."

During the brief discussion room...

The market trading time has quickly reached 9:25.

It can be seen that after the overall call auction of the two cities, the Shanghai designated price was at 2400.78 points, maintaining a flat opening trend, while the Shenzhen Stock Exchange Index and the ChiNext Index opened with a drop of 0.19% and 0.33% respectively.

Among them, on the whole, nearly 2000 stocks participating in trading in the market still maintain a trend of more than 1100 red stocks opening higher, and the two main lines of 'military industry' and 'infrastructure', as well as 'Asia-Europe Economic Belt' and 'New Era' There is still no sign of decline in the hype sentiment and capital follow-up sentiment in the fields of the core concepts of the road, the Maritime Silk Road, and the reform and reorganization of central enterprises and state-owned enterprises.

It can be said that not only has there been no decline, but it has become more and more serious.

Of course, due to last night’s U.S. stock market trend and the sharp drop in global important technology stocks in the external market, today’s core line of “technological growth” also showed a relatively weak trend at the opening. A number of popular concept stocks, as well as core heavyweight stocks, basically opened lower. Among them, 'LeTV', a heavyweight stock of the main line of 'Technology Growth', and the constituent weight stocks of the ChiNext Index, fell under the trend of yesterday's limit , Today, it opened with a sharp drop of 7%.

"Hey, I feel that the market is becoming more and more polarized!"

Seeing the opening of the two cities, some people expressed emotion among the vast group of retail investors gathered on online stock forums.

"Under the market structure of the stock game, the evolution of the market will naturally not take care of all stocks. It is normal for the market to rotate, right?"

"Normal is normal, it just feels that the main market seems to be more and more concentrated in the direction of the main board of the Shanghai stock market."

"Indeed, it feels like the main line of 'technological growth', as well as the era of the small and medium-sized boards and the ChiNext market, are obviously fading away, while the core weight stocks and undervalued blue-chip stocks on the main board of the Shanghai Stock Exchange seem to be on the market stage. , the trend is obviously stronger than the market.”

"In the second half of last year, the Shanghai stock index remained unchanged, while the GEM index doubled. This year... look at the situation, in the two main lines of 'military industry' and 'infrastructure', as well as the 'Asia-Europe economic belt', "New Era Road, Maritime Silk Road" and "Reform and Restructuring of Central Enterprises and State-owned Enterprises" are the continuous market assists in the main line fields of these core concepts and themes, will it not be the opposite of the market in the second half of last year?"

"Not to mention...it's really possible!"

"Actually, if you think about it seriously at present, in the two main lines of 'military industry' and 'infrastructure', as well as the core concept themes of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises' In the field of short-term gains, the stocks with the best short-term gains and the strongest trends are those popular core concept stocks in small and medium-sized caps, such as the previous 'Beixin Road and Bridge, Beijiang Communication Construction', and the recent 'Fushun Special Steel, Chengfei Technology, Silver In terms of popular stocks such as port and port, and heavyweight stocks... even the most powerful stocks such as 'Huaguo MCC, Huaguo Railway Construction, Huahang Electronics, Aviation Power', etc., although the main funds involved are relatively large, in fact, the overall increase It’s not big, and valuations are still low.”

"Yes, even if the 'Technology Growth' has undergone major adjustments recently, overall, there is still a huge gap between the valuations of the weighted stocks on the main board and the valuations of all the growth stocks."

"The valuation system and investment logic followed by the two are completely different, and they cannot be compared in this way."

"Although I can't make an analogy like this, to be honest... the core stocks in these traditional fields on the main board have indeed undergone continuous bear market adjustments, and their valuations have indeed been ridiculously low. Now there are 'Asia-Europe Economic Belt', 'New Times Road, Maritime Silk Road, and the reform and reorganization of central enterprises and state-owned enterprises have imaginative space for the core concepts and themes, so these weight core stocks will have new stories and new room for growth to tell.”

"And these new stories and growth space expectations are actually essentially...the same as the investment logic of the 'technological growth' line. Not to mention the low weight of these main boards and the low valuation of blue chips and white horse stocks. The small and medium-sized board and the ChiNext board have the same valuation treatment as the "technological growth" stocks, at least returning to normal valuations, right?"

"And this gives blue chips and white horse stocks on the main board a certain amount of room for 'revaluation'!"

"I think the current market speculation is not so much about the growth of demand in the two major industries of 'military industry' and 'infrastructure', the expectation of industry recovery, and the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'central enterprises' The core concepts and themes of state-owned enterprise reform and reorganization have fulfilled expectations. It is better to say that the market's "value revaluation" and "value correction" are more direct."

"Hey, the logic of 'value revaluation' and 'value correction'...can fully summarize the main reasons for the recent changes in the market!"

"If the blue chips and white horses in the market really carry out value revaluation and value correction, then the two main lines of 'military industry' and 'infrastructure' at this time, as well as the 'Asia-Europe Economic Belt', 'New Era Road, and the Maritime Silk Road ', 'Reform and reorganization of central enterprises and state-owned enterprises', which are the core concepts and themes of hype, should just be the beginning, just opened the curtain of 'value revaluation' and 'value correction', right?"

"If the two major themes of 'military industry' and 'infrastructure', as well as the market hype of the core concept themes of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', can really set off If the entire market weighs blue chips and performance white horse stocks, if the value is revalued and the value is corrected, then I think...the real 'bull market' is not far away from us."

"Regardless of whether the 'bull market' is far away, at least the Shanghai Stock Exchange Index, and even the entire A-share market, can maintain a strong oscillating state and refuse to pull back when the external market has been adjusted for several days. Clear signal."

"The market will always develop in the direction of least resistance under the combined force of funds."

"According to the current market performance and the recent index trend, the stock index refuses to pull back under the situation of negative pressure on and off the market, so this is the performance of the market's strength. The so-called whether it should fall or not, then It should continue to break through and skyrocket.”

"In short, at this time, it is correct to be bullish, and it is out of date to be bearish."

"I didn't say that Masukura is the only correct way to do it."

"It's been a long time since you've seen four-linked boards change hands, right? 'Chengfei Technology' can easily create a high-level space for this market's connected boards, so why not do more?"

"Yes, do more and grab the chips. It feels like the 'bull market' is just around the corner."

"Follow Mr. Su's 'Wealth Road' to go long, the best time to make money in the second half of the year should be now."

"Big A will definitely become stronger independently, there is no doubt about it!"

During the short 5-minute stoppage time, with the rapid refresh of discussion topics on the online stock forum, the views and opinions of a group of retail investors on the market also began to gradually get rid of the kind of anxiety before the market. The market is becoming more and more optimistic, and at the same time, the confidence in the market outlook is also getting stronger and stronger.

Then, under this emotional shift and brewing.

At 9:30, the two cities ushered in the official continuous bidding transaction.

I saw just the opening of the market, under the surge of positive hype, the two main lines of 'military industry' and 'infrastructure', as well as 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Restructuring of State-owned Enterprises' The relevant concept sectors and industry sectors of these major core concept themes, as well as a large number of core stocks and popular stocks, all quickly ushered in a large number of active capital assists, and the corresponding disks have rapidly strengthened.

At the same time, thanks to the two main lines of 'military industry' and 'infrastructure', as well as the strength of the core concepts and themes of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of State-owned Enterprises' , The Shanghai Stock Exchange Index also rose rapidly, and the lightning struck 2405 points upwards.

Then, at 9:31.

Port shipping, machinery and equipment, architectural decoration, building materials, national defense and military industry, real estate development, etc. The index of popular main-line industries has increased by more than 0.5%, squeezing into the forefront of the industry sector in the two cities, and the attention of the two cities Among the top ten popular concept stocks, except for the stock of 'LeTV', other popular concept stocks in the core main line field have also achieved a red market pull-up trend.

Then, at 9:35, when the Shanghai Index continued to rise to the 2410 point mark, and once again set a new rebound high and a new intraday high to 2414.78 points, the weak Shenzhen Index and the ChiNext Index also turned red from underwater.

However, everyone lowered their expectations and felt that the main line of "technological growth" must continue to be adjusted today.

At this time, as 'LeTV' continued to be attacked by a large number of bottom-hunting funds and the market's decline rapidly narrowed, many core stocks in the main line of 'Technology Growth' also began to usher in an 'oversold rebound' trend.

(End of this chapter)