The investment era of rebirth

Among them, several core hot stocks with high attention.

'Blue Stone Heavy Load' opened 6.37% higher, almost approaching the 25th intraday high space position set in the previous week.

'Western Securities' opened more than 5% higher, with more than 4300 initial matching orders on the market. At the same time, the stock price once again hit a new yearly high.

'Straight Flush' opened higher, with 4.3 lots closed.

'Huaxin Securities' opened higher by 3.75%, and the initial matching orders on the market were close to 8700 lots, and the buying orders for chasing higher prices were still very strong.

In addition to these popular stocks, the performance of the major core lines in the market is on the rise.

In the main line of 'big finance', the securities sector and the Internet finance sector continued to lead the industry sectors and concept sectors in the two cities in the initial stage of collective bidding. Subsequently, the film and television media sector, Internet software, and Internet application sectors in the main line of 'technology growth' ranked second. After the securities sector and the Internet finance sector rose, they also performed quite strongly.

After that, infrastructure, military industry, big consumption, non-ferrous metals cycle, petrochemical, electric power... and other main line related sectors.

Basically, it opened slightly higher. At the beginning of the call auction in the two cities, it did not show that the main capital group paid too much attention and concentrated on raising funds.

"The two cities are opening up in an all-round way."

At 9:16, inside Zexi Investment Company and the trading room of the main fund in Shanghai, Zhou Kan saw the fiery initial call auction effect in the market, and said with emotion: "The recent trend of the market is really strong, no matter whether the news is good or not, the second At the opening of the day, the bullish sentiment is bound to rise, and this has opened up for the fifth day in a row!"

"The current market has formed consistent expectations for a bull market." Xu Xiang sat next to him and said with a smile, "It is not surprising to have such a market trend."

"I'm afraid it's too late." Zhou Kan said.

Xu Xiang responded: "As long as the quantity can still be supported, and there is still room for further expansion, as long as the capital groups outside the market continue to enter the market to do long, then the market will continue to be short-squeezed. There's nothing wrong with that, so don't worry too much."

"Yeah!" Zhou Kan nodded and said, "Looking at the trend of the market, I feel that the current line of 'technological growth' has already turned around. In the past two days, 'Film and Television Media' , 'Internet software' and 'Internet applications' are all doing very well, not to mention the 'Internet finance' sector. In a sense, in fact, the 'Internet finance' sector also belongs to It's in the main line of 'technological growth'!
Just don't know...

With the extension of the market in the securities sector, and even the extension of the main line of the "big finance" market.

Based on the performance of the current market volume, can it support the two-line breakthrough of the main line of "big finance" and "technological growth", so that the line of "technical growth" can also go out of the main line of "big finance", or it is like "military industry" before? , 'infrastructure' two main lines such a trend. "

Xu Xiang thought for a while and said: "Judging from the market's financial attention and the intensity of various funds following suit, the main line of 'technological growth' is indeed picking up, but if you look closely, you will find that funds are in this area. Consistent expectations and financial synergy in the field are still obviously insufficient.

In the past two days, the line of 'technological growth' has rebounded across the board.

It is mainly driven by the expected reversal of the stock 'LeTV' and the fundamental changes brought about by Mr. Jia's return.

Just look at the line of 'Technology Growth', the sectors with core fluctuations, and core stocks.

In the past few days, on this core main line, the constituent stocks with frequent changes and strong trends are mainly concentrated in the three major industry sectors of 'film and television media', 'Internet software' and 'Internet application'.

These three major industry sectors are basically closely related to the check of 'LeTV' and a number of core concept stocks in the 'Internet Finance' sector.

Others such as 'electronic information', '5G concept', 'apple concept', 'mobile game', 'semiconductor concept' are equivalent to the core concept sectors of the main line of 'technology growth', but their trends have not highlighted a complete breakthrough There is no trace of the main funds rushing to raise funds one after another.

In particular, the 'Small and Medium Board' index is strongly related to the main line of 'Technology Growth'.

Recently, the small and medium-sized board index has seriously underperformed the Shanghai Stock Exchange Index and the A50 index, and the performance of the small and medium-sized board index and the A50 index is very different. Sometimes the scissors difference within a day can reach more than 2%.

Looking at these factors...

At present, we can only explain the line of "technological growth". Some internal strong industry sectors, or the corresponding strong core constituent stocks, their future expected logic and stock price trend are changing from rebound to reversal. The entire main line has such reversal marks.

On the whole, the current market performance of the main line of 'technological growth'.

And predictable short-term market performance.

It will definitely still be significantly weaker than the core main line of the market, 'big finance'.

Even in the main line of "technological growth", those core constituent stocks that have shown some reversal signals, such as "LeTV, Netspeed Technology, Enlight Media, Inspur Information, Huaguo Software..." and other stocks, and those stocks that have shown signs of reversal The core industry sectors of the reversal signal, such as "film and television media, Internet software, Internet applications" and other industry sectors, I am afraid that in the short-to-medium term market trend, they are also inferior to the highly focused and highly concerned crowd of market investors. Big Finance' main line of popular core stock trends.

In other words, at this time, the main line of 'technological growth'.

Still in the trading time cycle on the left.

And at this time, since our main position is already on the line of 'big finance', there is no need to rush to change our trading strategy and take the initiative to make trades in the main line of 'technological growth'.

Of course, the necessary attention is still necessary.

After all, even if the main line of "technological growth" has not been fully adjusted in the current bargaining chip structure, and the reversal of the entire line has not yet come out, but the future expectations of this main line are still there. As the wind continues to strengthen, the two major investment outlets of the mobile Internet and the smart phone industry chain are still blowing fiercely. The reversal of this major main line, the obvious main upward trend, will happen sooner or later under the bull market pattern.

It is very likely that in the line of 'big finance', some positive expectations will start to be fulfilled, and the stock price will be temporarily fired to a high platform with huge differences between long and short.

Many active capital groups in the market will further go from high to low.

Continuing to do the same as last year, it is possible to continue to speculate on the two concepts of 'mobile Internet' and 'smart phone industry chain'.

Generally speaking, it is okay to pay attention at this time, but there is no need to radically adjust positions. "

After hearing Xu Xiang's analysis, Zhou Kan pondered for a while and finally had a full understanding of the market changes in the 'technological growth' line. He responded with a smile: "The best investment direction in the current market is , the direction of 'Big Finance' is definitely the best. I also have some logical doubts about the strong rebound of the 'Technology Growth' line in recent days... But now that I heard the boss's analysis, it is logically clear. a lot of."

Following the brief exchange between the two, they also analyzed the market conditions and disk.

Unknowingly, the market trading time has quickly entered 9:20, entering the real call auction phase where orders cannot be canceled.

I saw that after 5 minutes of initial call bidding.

At 9:19, after many false orders were withdrawn, the market pattern of the two cities showed basically no big change from that at 9:15.

Of course, although the high opening ranges of many stocks, and the high opening ranges of various industry sectors and concept sectors have not changed much, the changes in the matching transactions of individual stocks are drastic. The displayed volume of orders to be matched is several times that of 9:15, and is further expanding as market trading time goes by.

Such a rapidly expanding amount of matching transactions can be achieved.

On the one hand, it can explain the abundant liquidity in the market and the tough attitude and enthusiasm for undertaking orders.

At the same time, on the other hand, it can actually be explained that with the continuous surge of many popular core stocks, when the stock price reaches a short-term high, especially in some hazy positive expectations, it has not been clearly fulfilled, or can be clearly expected. Under the circumstances, the discrepancy on the disk is also increasing simultaneously.

At 9:21, the stock price of 'Straight Flush', which had originally blocked the daily limit and formed the initial opening situation of the flat board, began to decline gradually from the daily limit. At the same time, the proposed matching transaction list also expanded rapidly step by step with the fluctuation of the stock price. , increasing to more than 2.5 lots.

At 9:22, the stock price of 'Western Securities' fell back to about 3.8%. At the same time, the stock price of 'Huaxin Securities' also fell back to around 2.5%. Matching orders are still increasing rapidly.

At 9:23, the stock price of 'Flush Flush' fell back to about 7%, and began to fluctuate back and forth. At the same time, on the disk, it was planned to match the transaction order and further expand it.

At 9:24, the stock price of the "big demon stock" "Blue Stone Heavy Equipment" also gradually fell back, and the proposed order for matching transactions was more than three times larger than at 9:15.

At the same moment, when the stock prices of these popular stocks with high market attention fell back one after another.

In the entire two cities, a group of core concept stocks with daily limit yesterday, as well as the core constituent stocks of the major main lines, and even the corresponding sector indexes also fell back one after another.

And in the last ten seconds before the arrival of 9:25.

On the market of each popular stock, the proposed matchmaking order has been further enlarged. The number of red stocks in the two cities has dropped from more than 9 at 15:1800 to more than 1500. It was originally hot at the beginning of the call auction The extreme hype in the market and the rush to undertake the fund-raising sentiment have obviously fallen back.

Finally, when 9:25 came, the two cities ended the call auction.

I saw that the Shanghai Stock Exchange Index was finally fixed at an increase of 0.43%. The Shenzhen Stock Exchange Index and the ChiNext Index both opened higher at around 0.35%. The A50 Index opened higher by nearly 1%, which is still far stronger than other core indexes in the market. On the contrary, the relatively weak small and medium-sized board index is almost in a state of flat opening.

Among them, nearly 2000 stocks participated in transactions in the two cities.

At this moment, most of the stocks showing a flat opening state, or a slight opening trend, are mostly from marginal concept stocks in small and medium-sized caps.

In addition to the performance of the index, the main lines of the two cities are popular.

In the main field of 'big finance', the securities sector and the Internet finance sector still maintain a sustained strong state, leading the market industry sector and concept sector. One opened higher by 1.05%, and the other opened higher by 0.93%. Basically, they all outperformed by a large margin. The shape of market indexes.

Of course, compare the securities sector and the Internet finance sector.

The insurance and banking sectors, which belong to the main line of "big finance", are obviously not so strong.

These two major sectors opened higher, only slightly stronger than the Shanghai Stock Exchange Index, one opened 0.49% higher and the other opened 0.52% higher.

In the main line of 'technological growth', the main funding force is still centered on the three major industry sectors of 'film and television media, Internet software, and Internet applications' that have obviously made money in this field yesterday, and the three major industry sectors are The increase was second only to the securities sector.

Among them, the 'film and television media' sector performed particularly well, with a high opening range, reaching a position of 0.91%.

As for other main line fields such as 'big consumption', 'color cycle', 'petrochemical industry', 'infrastructure', 'military industry', 'pharmaceutical business'...etc.

Except for 'Military Industry' under the influence of 'Blue Stone Heavy Equipment' which is a 'big demon stock' which opened higher.

It opened higher at 0.63%, forming a significant trend of opening higher.

The remaining major main lines, as well as their associated industry sectors and concept sectors, basically fluctuate with the index. There is no independent trend, and there is no sign of a major financial group concentrating on taking over the main attack.

On the whole, this opening situation of the market.

Compared with the extremely hot emotional reaction before the market, or at the beginning of the call auction, it is a bit lower than everyone's expectations.

Originally, before the market, or at the beginning of the call auction, everyone expected that the Shanghai Stock Exchange Index would open at least 1% higher. The sector index, which is the most serious among the active main capital groups in China, can at least open higher in the range of 1.5% to 2%.

however……

According to the final market opening results, all these expectations have come to nothing.

And the performance of such a market call auction trend, when everyone's expectations are slightly disappointed, it also shows that the index has been rising sharply for many days, especially in the securities and Internet financial sectors. In the case of a rise, at this position, the profit-making funds' desire to sell and take profits, as well as the potential short-selling funds lurking inside, as well as the accumulated historical hold-ups, these potential short forces have become unbearable, and they have begun to sell their stocks. The bargaining chip, suppressing the board, continued to move forward.

In other words, the market has newly entered this position and has begun to experience strong upward pressure.

Long-short differences have become serious again.

"Today's call auction volume can be shown, compared with yesterday, it has expanded a lot. At the same time, the entire call auction process today, the long-short performance, is also the opposite of yesterday." 9:26, Yu Hang, Yu Hang Inside the investment company, in the trading room of the main fund, after observing the overall call auction results of the market and the opening performance of corresponding popular stocks, Li Meng tilted his head and smiled at Su Yu, "The gradually weakening call auction situation is obviously somewhat The opening result was lower than expected, which indicates that at this position, the divergence between long and short markets in the market has increased.

It seems that the market officially opened and entered the continuous auction trading session.

At least in the 10 minutes after the opening of the market, the two markets will undergo a wave of relatively violent selling.

At the same time, I am afraid that many high-end stocks today will fluctuate more, and the performance of the market may be more intense than yesterday. "

"This is also normal." Su Yu took the conversation and said, "The range of 3000 points to 3200 points in the Shanghai Stock Exchange Index is a place where the historical holdup is relatively heavy, and the index has never reached an area in the previous few years. Even if the bull market is expected to strengthen, Many investors believe that the market has entered the bull market stage, but the selling pressure is still very strong.

There is also the drive of human nature.

For the majority of retail investors, it is difficult to hold back the bargaining chips that have been held for several years once they are released.

There are also short-term retail investors who have intervened in the past few days. After holding a certain amount of profits, they see the index falling under pressure and it is difficult to resist selling without profit.

Therefore, from the perspective of the overall chip structure, it is completely understandable that the index encounters long and short differences here.

In fact, getting rid of part of the profit margin and part of the unstable position chips here is a good thing for the subsequent sustainable development of the market.

The pattern of a bull market in the market has been established, and a large amount of incremental funds outside the market are still rushing to enter the market.

Even if there are violent shocks on the disk, it will not affect the progress of the trend.

Let's... calm down and hold positions, just watch the show slowly. At this time... not moving like a mountain is the best trading strategy and investment strategy. "

"Well!" Li Meng nodded, "As long as the volume is still growing, everything is not a problem, and it is estimated that even if the index is under pressure at the beginning of the session, it is estimated that it will be difficult to fall below the water under the strong buying. .”

The two of them had a brief discussion.

Soon, at 9:30, the two cities entered the official trading session of continuous bidding.

I saw that the short-term stagnation of the two markets had just begun to beat.

After just 5 minutes of emotional brewing, just as Li Meng and Su Yu expected...

A large number of funds holding shares on the market, after noticing that the opening price was lower than expected, and many stocks showed a divergence between long and short stocks due to heavy volume and stagflation, they sold off at the beginning of the session.

Almost instantly.

The top five core stocks with the most attention in the market, Lanshi Heavy Equipment, Western Securities, Flush, Huaxin Securities, and Hengsheng Electronics, all exploded in volume and fell in a flash.

Especially the 'bluestone reload' check.

In one fell swoop, it started from a sharply higher opening and plummeted to near the flat price. Within 1 minute, it swallowed up all the gains from the higher opening.

And under the performance of these core popular stocks, all of them have exploded in volume and plunged.

Core popular stocks and weight constituent stocks in the main line of "technology growth"; popular concept stocks in the fields of "big consumption" and "color cycle"; popular concept stocks in the fields of "military industry" and "infrastructure"; Concept stocks in various hot-line concept fields such as sports industry development'.

All of a sudden, there were also extremely violent diving trends.

Numerous capital groups with unstable positions sold off at the beginning of the session.

And under the concentrated selling of these funds, the major indexes of the Shanghai Stock Exchange Index, the Shenzhen Stock Exchange Index, and the ChiNext Index also fell in a flash within one or two minutes of the beginning of the session, recovering the gains from the high opening. Suddenly, lightning entered the water, from a rising state to a slight falling state. (end of this chapter)