The investment era of rebirth

Chapter 668 Profit selling pressure!
"Suddenly, why is there such a big discrepancy in the disk."

Seeing the rapid plunge of the two cities, and the volume can continue to increase, at 9:35, Yuhang, Yinhua Public Fund Company, 'Value Investment Mixed Selection' fund product trading room, fund manager Zhou Yang frowned obviously: "Is it true that the Shanghai Stock Exchange Index Do you want to step back on the 3000-point support level?"

"It's possible to step back." Zhu Peng, the leader of the trading team and assistant fund manager, stared at the market and responded, "The market has skyrocketed for several days in a row, and its short-term short-term profit is still very heavy. In this position, once There is a divergence between the long and short forces on the market, and the index will most likely fall back."

"Hey..." Zhou Yang sighed helplessly, "It seems that the timing of our adjustment of positions and change of the main line is too radical!"

Just yesterday, the two were in charge of the fund product 'Value Investment Mixed Selection'.

The large-scale transfer of positions just now has increased the main line of "big finance", especially the core stock chips on the securities sector and the Internet finance sector.

Yesterday, Huaxin Securities and Hengsheng Electronics were the institutional seats on the dragon and tiger list of two stocks.

There is their Yinhua Public Fund.

Unexpectedly, after the position adjustment is completed, the market will most likely encounter a retracement.

Zhu Peng thought for a while, then took the words and said: "As long as we adjust the position in the right direction, the market will still develop around the main line of 'big finance', and the future expectations and fundamentals of the securities and Internet finance sectors are not as big as they are." Therefore, I think there is no problem with our rebalancing strategy.

Short-term market adjustments are certainly inevitable.

However, it is clearly foreseeable that even if the index rebounds to 3000 points, under the current hot market sentiment and the interpretation of market confidence, it will definitely rise again soon, regain the decline of the rebound, and hit a new annual high And this round of rebound to a new high.

At best, we can only bear the short-term retracement that may occur in fund products at this stage.

Moreover, isn't there a saying that "in the bull market stage, all callbacks are high-quality buying points that cannot be missed"?

Although most of our fund's current positions have been transferred to the two major sectors of securities and Internet finance, if there is an obvious move back in the market, then we can still continue to buy on dips to further increase securities and Internet finance. The bargaining chip of the sector lowers the cost of opening a position.

So I think……

Although our choice of fund increase is relatively aggressive, we still have the initiative in the market. "

Zhou Yang felt a little better when he heard Zhu Peng's analysis, and said, "I hope it's as you said!"

After a brief exchange, the two turned their attention back to the trading boards of the two cities.

I saw that at this time, the time had slipped to around 9:40. The major indexes of the Shanghai Index, Shenzhen Index, and ChiNext Index were rapidly diving to swallow up all the gains from the high opening. After hitting the intraday low, they have gradually stabilized at this moment. Started to slowly oscillate back up.

And the major core popular lines in the market...

The securities sector fluctuated sharply. The share prices of corresponding core stocks, such as Huaxin Securities, Western Securities, Orient Securities, etc., fluctuated near the opening price. Although the long-short gap was still huge, selling was no longer able to suppress active buyers. In the market, the stock price was further smashed down.

The Internet financial sector, at this moment, is even more shocking and rebounding. The corresponding core stocks, such as Huashun, Dongfang Fortune, Hengsheng Electronics, Yinjie Technology and other stocks, have been actively taken over by countless companies after a wave of rapid diving at the beginning of the market. The buying orders pushed up to above the opening price again, almost reaching a new intraday high.

The film and television media sector, at this moment, is also following the rebound of the Internet financial sector, and the corresponding core stocks, such as "LeTV, Huayi Brothers, Enlight Media, Huace Film and Television, Guangdong Media..." and other stocks have also recovered The rapid diving decline in the first few minutes of the trading was completed.

As for others, such as 'big consumption', 'ferrous cycle', 'petrochemical industry'... and other main line fields.

Basically, it fluctuates along with the broader market, and there is still no relatively independent trend, nor does it show a strong state of concentrated attention of the main funds.

'Infrastructure', 'military industry' and other early popular main line sectors.

With the dive at the opening of the "Bluestone Heavy Load" and the fact that it was unable to recover from the intraday dive within 10 minutes, the trend was obviously weaker than that of the broader market.

It has become the weak leading main line sector that obviously dragged down the market index and dragged down the prices of the two cities.

"Today's market trend is much weaker than yesterday!"

Seeing that even if the market rebounds after the dive, several core popular mainline sectors can no longer attack as strongly as yesterday and lead the market to break through. The group of retail investors expressed emotion.

"The energy performance is similar to that of yesterday at the same time period, but the strength of the market performance is far behind."

"The difference between long and short is not small. I feel that today's index...should be difficult to create space, right?"

"The check for 'Blue Stone Reloading' hit the daily limit yesterday. I thought it would be a dragon turning back today, and continued to hit the daily limit, hitting a record high. I didn't expect that after the market opened, it would be a trend of burying people alive."

"'Blue Stone Reload' wants to turn back to a new high, and the difficulty is really not ordinary."

"Yes, on the day of 'Bluestone Reload' last week, the turnover rate within the day was over 70%. It is conceivable... how much money was buried on that day? If you want to reverse the package to a new high, then We have to completely release the locked-up plate that day, more than 70% of the floating plate is locked up with chips, which main force will pick it up?"

"It's basically impossible for 'Blue Stone Reload' to cover up the sky and floor of that day."

"The main thing is that the 'Rongcheng Gang' structure is far inferior to Mr. Su's 'Fortune Road' and other first-class hot money seats in the market. In fact, the current market sentiment is still very good. If 'Blue Stone Heavy Equipment' can reach new highs in one go, , has produced a hot money-making effect, and there will definitely be no shortage of funds to follow the trend in the market.”

"Agreed, looking at the data of 'Blue Stone Heavy Equipment' yesterday's Dragon and Tiger Ranking, the proportion of 'Rongcheng Gang' buying is not high, mainly due to the combined forces of the market."

"No matter what, the check of 'Blue Stone Reload' can't make any room today, it is completely dead, and the follow-up trend will only get weaker and weaker."

"The key check has brought down the two major sectors of 'infrastructure' and 'military industry' today."

"The two major sectors of 'infrastructure' and 'military industry' are inherently weak, right?"

"Sectors that have already surged in the early stage must be avoided. The two major sectors of 'infrastructure' and 'military industry' are destined to follow the adjustment of the two main lines of 'mobile Internet' and 'smartphone industry chain' Path, look at the previous trend of the entire 'technological growth' main line. It has been adjusted since the end of last year and has not completely slowed down yet. I think the two main lines of 'infrastructure' and 'military industry' are similar. At least within half a year, there will be no change. There will be a relatively large and continuous market.”

"The main line of 'big finance' is still safe. Even if the market trend weakens, it can maintain a strong and volatile pattern."

"'Big Finance' is still the core of the market, there is no doubt about it."

"The line of 'big finance' is a short-term relative position, which is a bit high."

"'The strong are always strong'! Can the position of the core main line not be high? As long as the main capital group in the market continues to flow into the main line of 'big finance', I think it can continue to buy."

"When buying stocks, you can't just look at the position of the stock price. You still have to follow the main capital. As long as there is continuous support from the main capital, I think no matter how high the position is, you can buy it. And whether the stock price is high or low Low, the most fundamental measurement standard is also based on future expectations, as long as future expectations are strong, the driving force for performance growth is strong, and the market valuation is lower than the expected performance growth rate, it is absolutely underestimated.”

"According to this standard, the current core stocks in the main line of 'big finance' should still be completely undervalued?"

"It must be completely underestimated. The performance of securities stocks this year has absolutely skyrocketed. Looking at the current PE valuations of various securities stocks, most of them are still in the range of more than ten times. This is benchmarked against the expected growth rate of these stocks this year. It is still the main line field with the lowest valuation in the market.”

"In any case, in short... before the stock index doubles, it will be difficult for the stock price to fall."

"Even if there is a short-term adjustment, what are you afraid of? This is a bull market!"

"Yes, it's already a bull market, and a pullback is a buying point."

"It's better to drop a wave, so that I can use leverage at a lower position, haha..."

"The stock index will step back to 3000 points at most. Anyway, I don't believe that the stock index can fall below 3000 points again."

"Agreed, and Mr. Su's 'Yuhang Department' has already been hoarded heavily in the main line of 'big finance'. With Mr. Su as the guiding light, there is no panic at all."

"Why do I feel that on the market, although the selling is fierce, it is difficult for the index or individual stocks to fall?"

"The performance of the market volume is obviously still on the rise. The so-called 'there is a market when there is volume', I think that even if the index is adjusted, it will be sideways at most. It is basically impossible to go back and fall. You know... wait below There are still a lot of funds rushing to raise funds at low positions, and funds waiting to enter the market outside the market. In addition, the main funds have already built large-scale positions in this position. The cost advantage of the main force is not in this position. If it is completely beaten out, I think the main holders will not let the market fall back again, causing more funds to enter the market at a low level."

"Whatever it is, as long as the market's 'bull market expectations' are still deepening, in a word, just buy!"

"Hey, the securities sector and the Internet finance sector have been completely pulled up. Sure enough... Let me just say, whether it is the core index or its corresponding core stocks, they can't fall at all."

"Awesome! Looks like... this 'flush' check is going to hit the daily limit!"

"As the saying goes, if there are three, there are five, and if there are five, there are seven. I feel that 'Flush', the current conceptual leading stock in the 'Internet Finance' sector, can get out of the 7-game board. Of course... The check from 'Western Securities' is not bad, but its circulation is relatively large."

"It seems that the securities and Internet finance sectors, which are the main lines of 'big finance', have to carry the flag!"

"That's right, these two concept sections must carry the flag."

"Buy! If you don't pursue the position at this time, what are you waiting for?"

"Damn it, it's the main buyer with tens of thousands of hands, and the funds to undertake are really too fierce. In the securities sector and the Internet finance sector, the market of many core stocks is changing at the moment!"

"Sure enough, it's still 'the strong are always strong'!"

"Sure enough, following Mr. Su, there is meat to eat. The market trends of the two core sectors of securities and Internet finance are really strong, and they have completely bucked the trend and soared!"

"This is not called a big rise against the trend. The market trend of these two core sectors is the general trend of the market. In other words, the index is completely following these two sectors."

"Well, indeed, the index fluctuates completely following the market trends of these two sectors."

"The trend of the securities sector is so strong that there is no limit. The check for 'Western Securities' has set a new intraday high. If this check goes up again today, it will be 7 consecutive boards."

"I have a full position on the 'Western Securities' check. These days, it feels like a dream."

"A powerful bull market!"

"Haha, no matter where you buy it, it's hard to trap."

"Masukura, continue to Masukura and go long. It is foreseeable that as more and more funds enter the market, the core stock chips in the subsequent securities sector and Internet finance sector will become more and more scarce, and the stock price will continue to increase. high."

"The 'film and television media' sector has also risen."

"In the second half of this year, especially the National Day that just passed, the box office performance of the market is very good, and the 'film and television media' can definitely go ahead."

"The main reason is that the follow-up expectations of the 'LeTV' check have been reversed, which has fully driven the entire 'film and television media' sector."

"It's not just that, there are still many substantive benefits in the 'film and television media' sector. The six ministries and commissions have jointly released good news. Isn't it still in the process of continuous fermentation?"

"Haha, that's it..."

"In short, the current market trend is completely different from the previous month or even before. At this time, we should not be pessimistic under any circumstances."

"Still pessimistic? At this time, you should be optimistic."

"Looking at how many newcomers have poured into the forum in recent days, you can tell that the market has just begun."

"Yes, the current bull market has just begun."

"3000 points is the starting point of the bull market!"

"3000 points must be the starting point of the bull market. Looking at the market trend, even if there are differences now, the adjustments are basically completed within a day."

"In a word, just buy with your eyes closed."

"Yes, at this stage, even if you blindly buy with your eyes closed, you can still make money."

Amidst the heated discussions among the majority of retail investors and the still very positive emotional responses...

Unknowingly, the market has spent half an hour of trading time before the beginning of the day, and the core indexes of the Shanghai Stock Exchange Index, Shenzhen Index, and ChiNext Index, after half an hour of violent shocks, have also returned to the market at this moment. Near the opening position, it fully recovered the diving decline at the beginning of the session.

Among them, the securities sector index and the Internet finance sector index once again both soared by more than 2%.

Its internal core stocks, which have attracted a lot of market attention, such as Western Securities, Flush, Oriental Securities, and Jinzheng Shares, have all increased by more than 5% during the day, all of which have set new intraday highs and annual new highs. Even 'Huaxin Securities', whose market capitalization is approaching 2000 billion, saw its price increase fluctuate up to the 3% mark at this moment. Active buying on the market was as strong as ever after experiencing the relatively concentrated selling attack at the beginning of the market. .

As for the "film and television media" sector, which also showed a strong rebound trend and outperformed the broader market index.

At this moment, the growth rate of its sector index has also broken through to about 1.5%, and the core stocks in the sector, the two checks of 'Huace Film and Television' and 'Ciwen Media', have risen in a straight line, and the volume has exploded. It touched the daily limit and was completely blocked.

Thanks to the main attack of the core popular sectors such as the securities sector, the Internet finance sector, and the film and television media sector.

Other popular sectors and conceptual sectors in the main areas were also encouraged. Following the trend, buying funds emerged one after another, suppressing the buying once again and driving up the corresponding sector indexes and corresponding core stocks. , bringing it back to the beginning of the session, or the rebound to a new high position.

(End of this chapter)