The investment era of rebirth

Chapter 585 The Journey of the Bull Market (Thirty)!
"Is this the end of the adjustment?"

Seeing that the Shanghai Stock Exchange set a new intraday high, and at the same time the weak Shenzhen Stock Exchange Index and the ChiNext Index also turned red, whether it is the entire main line of "Technology Growth" or "LeTV" are under the influence of a large amount of bottom-hunting funds, forming a more profitable market. The rebound trend, at this moment, at 9:40, inside Yuhang and Jingda Investment, in the trading room of the main fund, the company's general manager Gu Chijiang was watching the changes in the two markets, somewhat astonished: "It doesn't make sense, the market is so Adjusting the space and time is obviously insufficient, so why continue to break through?"

"It's just that the two main themes of 'military industry' and 'infrastructure', as well as the main themes 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' are refusing to adjust." Standing beside Gu Chijiang, Lin Tingzong, who was also staring at the big screen in the trading room and observing the two markets, responded, "The main line of other traditional fields, as well as the main line of 'technological growth', are actually still in the adjustment stage."

"but……"

Lin Tingzong paused, thought for a while and continued: "Market funds are further directed to the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'state-owned enterprises'. "Reform and reorganization" is a trace of the accumulation of these core concepts and themes, and many stocks in these major areas of the main line feel that they are a bit unable to hold back the trend under the concentration of too many funds."

"However, at this time in the market, the main line of 'technological growth' has not been completely stabilized. Among other traditional main line stocks, the two main lines of 'military industry', 'infrastructure', and the 'Asia-Europe Economic Belt' have not yet been fully stabilized. , 'New Era Road, Maritime Silk Road', 'Reform and Restructuring of State-Owned Enterprises', these core concept themes further drive hype sentiment and future expectations."

"The momentum for several major market indexes to continue to break through is still lacking."

"I estimate that in the last few trading days, the market will still maintain the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and the reform and reorganization of central enterprises and state-owned enterprises." 'These core concepts and subject areas are the volatile trends of the main market performance, and at the same time, the index will mostly continue to oscillate around the 2400 point, waiting for the real reversal of market volume."

"It's just in the overall volatile market pattern."

"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 Restructuring of Central Enterprises and State-owned Enterprises'. Popular concept stocks, I am afraid that they will continue to rise slowly along the upward trend, and refuse to adjust."

"After all, in the market, there are more and more funds that are optimistic about the market conditions in these major areas."

"And most of these funds have not yet entered the market."

"This has resulted in these main lines. At the current position, the upward momentum is very strong, and the downward adjustment space is basically completely blocked by various funds."

In fact, according to the actual trend of the market, it is indeed the case.

In the last few trading days, the two main themes 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 State-owned Enterprises' The main line of the market broke out in an all-round way. As long as the corresponding core stocks and popular concept stocks fall, the buying volume will increase, and the stocks will be quickly pulled up.

"So, we are promoting the two main lines of 'military industry' and 'infrastructure', as well as 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'." When it comes to building a position, there is no hesitation, right?" Gu Chijiang glanced back at Lin Tingzong, and said, "Old Lin, do you feel that the resilience of our big A is getting stronger and stronger?"

Lin Tingzong nodded, and responded: "Since the two main lines of 'military industry' and 'infrastructure', as well as the cores of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of State-owned Enterprises', The main line of conceptual themes refuses to be adjusted, and the corresponding main line is expected to continue to expand. There is no room for downward adjustment. There is no way. The more hesitant the trend is, the higher the cost of building a position will be.”

"As for our big A's recent market trend, the resilience is getting stronger..."

Lin Tingzong pondered for a moment before continuing to respond: "That is indeed the case. I feel that the A-shares are indeed somewhat free from the influence of external trends, and have the will and form to strengthen independently."

"Compared to the general market characteristics of A-shares following the decline but not rising, what do you think is the root cause of the recent market changes?" Gu Chijiang asked, "Is it from the strong positive stimulus from the macro policy, or is there a lot of money?" In the maintenance of the disk, or the two main lines of 'military industry' and 'infrastructure', as well as the main lines 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' The future expectations of the market are inflated, which brings good future expectations to the entire market, so the smuggling pattern has completely changed?"

Lin Tingzong thought for a while, and said: "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 Restructuring of State-owned Enterprises' The expansion of the main line of future expectations has brought good future expectations to the market, resulting in a significant increase in market investment sentiment and risk appetite, and there must be some reasons for this.”

"However, just a short-term change in expectations should not support the market."

"After all, the bottom line of stock prices and short-term market trends, the most fundamental thing is funds. Only the concerted efforts of funds can form this so-called market resilience."

"That is to say... the fundamental reason is that the current capital aspect of the market has changed significantly compared to before."

"There has been a significant change in funding?" Gu Chijiang heard Lin Tingzong's words, his eyes gradually became excited, and he smiled authentically, "Old Lin, continue to talk."

Lin Tingzong nodded before continuing: "Since the Shanghai stock index broke through 2300 points, in fact, although the index has not risen much, the overall market's internal profit-making effect has continued to expand. With the continuous expansion of the market's profit-making effect, As well as the two main lines of 'military industry' and 'infrastructure', as well as the hype gathered in the core concepts and subject areas of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', In fact... a large number of potential investor groups outside the market are continuously entering the market to do long."

"It's just that the market didn't have a strong upward breakout, which didn't inspire more turnover."

"In addition, after the market actually broke through from 2300 points, the trading time experienced is not very long, and the incremental funds entered have not yet caused qualitative changes due to quantitative changes. Our perception is not obvious and clear, but this cannot change the market increment. The fact that funding has continued to increase.”

"But even if you can't clearly perceive it, you can still find the corresponding traces if you look carefully."

"For example, the A-share market we just mentioned has become more resilient as the external market continues to adjust, and many core stocks are easy to rise but hard to fall. These are some traces of incremental funds continuing to enter the market."

"It was said before that the market will fall for a long time, but that is only under the pattern of stock game."

"Now, the market is gradually entering the incremental era, and the market investment logic and trading rules that follow must be adjusted accordingly."

"Incremental era." Gu Chijiang pondered for a moment before replying, "If this trend of capital increment can be further expanded, then the market...is there a basis for a 'bull market'?"

Lin Tingzong responded: "Theoretically, it must be so, but the basic logic of the 'bull market' and the market's general expectations for the 'bull market' can be achieved, and in the end, can the market invest money one after another under this 'bull market' expectation? , form a consistent joint force in the market, and finally push the market up, and we need to observe carefully for a while before we can confirm it."

"Understood!" Gu Chijiang nodded, "The corresponding 'bull market' foundation and logic are constantly brewing and developing, but the real 'bull market' has started, and the current form is not very clear, and we need to continue to wait. Only then can we see whether there is any expectation in this regard.”

Lin Tingzong nodded and said, "Yes, that's it."

"However... Regardless of whether the current market shows signs of a 'bull market' in the future, and regardless of whether the overall market expectations will change in the direction of a 'bull market', we rely on the two main lines of 'military industry' and 'infrastructure', and There is definitely nothing wrong with investing in the main line areas 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'."

"After all, the bull market can only be felt after the market comes out."

"Before the market and the index come out, our investment expectations and investment strategies can only follow the core line of the market."

Gu Chijiang nodded slightly, and responded: "That's true. The financial trading market is changing rapidly. It seems that it is really unnecessary to think too far. Okay... If this is the case, then let's continue to increase our positions and do more, whether there is or not. 'Bull market', first get the most core and most profitable mainline chips in the current market."

Lin Tingzong quite agrees with this point.

Therefore, now that I have clarified the development logic of the market and the direction of investment strategies, I will not say more, and turn around and continue to tell the traders to let them not pay too much attention to the cost of entering the market, and place orders to increase their positions as soon as possible, and put them in early. Expected positions and target stock chips are full.

And with the rapid growth of the institution of 'Jingda Investment'.

In the market, the overall market is still moving toward 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' The field is shifted. At the same time, other traditional main line fields also have the occasional attention of main funds, and the main line of "technological growth", the trend of oversold rebound is also relatively good.

Overall……

That is, although the overall increase of several major market indexes is not large, the market's profit-making effect is still in a relatively strong atmosphere.

"Hey, the two main lines of 'military industry' and 'infrastructure', as well as the performance of main funds in 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', There have been massive net inflows, however..."

At 10:15 in the morning, when several major market indexes had all turned red, and there were nearly 2000 stocks in the entire market, and nearly 1400 red stocks had risen in the market. Kan stared at the market and said in surprise: "However, 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' The main line of several core concepts and themes did not form a certain fund siphon effect on other main line concepts and the line of "technological growth" in the entire market today. The shape is right."

"Not surprising." Xu Xiang next to Zhou Kan said with a chuckle, "This shows that the two main lines of 'military industry' and 'infrastructure', as well as 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'central enterprises' The incremental funds received in these major core concept areas of state-owned enterprise reform and reorganization are not completely exchanged funds from other traditional main line areas and the main line area of ​​"technology growth", but a considerable part of off-market growth. The amount of money works in it.”

"It also happens that a lot of off-site funds have entered the market to undertake."

"So, in the two main lines of 'military industry' and 'infrastructure', as well as the core concepts and themes of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of Central Enterprises and State-owned Enterprises', the market continues to deduce Under the circumstances, other traditional main line fields, as well as the main line of 'technological growth', did not produce obvious siphon effect."

"It's a good thing!"

Xu Xiang paused, his eyes gradually became sharper, and continued: "This shows that the market is gradually getting rid of the financial dilemma of 'stock game', and it also shows that the two main lines of 'military industry' and 'infrastructure', as well as ' Under the continuous profit-making effect of the main themes of the core concepts and themes of the Asia-Europe Economic Belt', 'New Era Road, the Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', potential investors outside the market are already accelerating their investment. field."

(End of this chapter)