The investment era of rebirth

Chapter 704: Unexpected breakthrough trend!

At 1:01, the Shanghai stock index hit 3295 points.

At 1:02, the Shanghai Composite Index touched 3297 points, and securities, Internet finance, military industry, sub-new stocks, film and television media...all the popular core sectors exploded.

At 1:03, the Shanghai Stock Exchange Index hit a new annual high, hitting the 3300-point mark.

At 1:04, the Shanghai Stock Index broke through 3300 points and continued to refresh the intraday high and annual high to 3302.49 points.

At 1:05, the Shanghai Stock Index rushed to 3305 points, with an intraday increase of 1.13%.

And at the same time.

The intraday increase of the Shenzhen Stock Exchange Index and the ChiNext Index exceeded 1.5%, and the intraday increase of the Small and Medium Enterprises Index reached more than 2.75%. Only about 150 stocks in the two cities fell.

At 1:06, the Shanghai Stock Index continued to set a new high to 3307.79 points.

At 1:07, the Shanghai Stock Index quickly broke through 3310 points, setting a new high to 33112.78 points. At this point, in the 7 consecutive minutes of continuous bull volume, the Shanghai Stock Index can be regarded as officially crossing the 3300 point mark, breaking through this Suppression of gateway pressure.

After the Shanghai Stock Index opened, it quickly exceeded 3300 points, driven by the trend.

Inside and outside the market, the vast investor group has become more and more active in following the trend, increasing positions at high positions, and rushing to raise funds.

The bullish sentiment of the entire market, as well as the sentiment of funds following the trend, also changed in an instant.

And when the market has a stronger emotional assist.

The market trends in the two cities have also become stronger.

After the Shanghai Stock Index broke through 3310 points, it only briefly fell back for a few minutes. The lowest level on the time-sharing chart reached 3305.21 points, and then continued to explode upwards and continued to set new intraday highs.

As analyzed by many major institutional groups...

Since Monday's rapid slump has fully cleared up and digested the market's short-term profits and settlements, the Shanghai Stock Index is near 3300 points, and the selling pressure it faces at this moment is not serious. The short funds are concentrated on selling. It has been impossible to suppress the aggressive attack of the bulls.

At 1:17, when the Shanghai Index quickly broke through to the 3315 point line, and continued to expand the day's gains, the check for 'Chengfei Integration' once again rose from the lower limit. Funds from various sources gathered to buy the bottom, and this At that time, the entire 'national defense and military industry' sector, as well as the related concepts of 'military industry asset restructuring', 'domestic aircraft carrier', 'Beidou navigation' and 'domestic large aircraft', all set off a wave of rising prices.

At 1:21, the small and medium-sized board index reached the 3% intraday increase mark.

At 1:27, the daily increase in the securities sector once again exceeded 3%, and 'Western Securities' surged by more than 8%, which is likely to continue to hit the daily limit in the market outlook.

At 1:32, there were more than 6 stocks with daily limit in the entire 'Internet Finance' sector.

At 1:37, the 'sub-new stocks' sector hit a new high in the number of stocks hitting their daily limits. In the entire sector, more than 15 stocks hit their daily limits. At this moment, the number of stocks in the two cities reached their daily limits, reaching 89. This is a market phenomenon where [-] stocks hit their daily limits. It is very likely to reappear in the market outlook.

At 1:42, 'Western Securities' closed its daily limit upwards, with an intraday trading volume of 32 billion. Although the volume was not small, compared with the trading volume of the previous two days, there was no sign of significant increase in volume, which illustrates that this stock Although it continues to hit new highs and closes the daily limit, the internal chip structure is still stable and the selling pressure is not serious, not to mention that the amplitude of this check today exceeds 13%.

At 1:47, the Shanghai Stock Index crossed the 3320 point mark, extending the day's gain to 1.5%.

At 1:53, the small and medium-sized board index rose by 3.25%, and the daily limit of [-] stocks in the two cities was exceeded. The hot market profit-making effect made every short-term investor extremely anxious and desperately increased their positions.

At 2:01, when the market trading time passed 2 o'clock in the afternoon, and the market turnover climbed to close to 6000 billion, the bulls' continuous explosive offensive situation finally slowed down, and the Shanghai Stock Index began to trade at 3320 points to 3310 points. oscillate sideways between them.

At 2:20, the daily limit of stocks in the two cities reached 117. Although many heavyweight stocks began to trade sideways, the money-making effect of concept stocks in small and medium-sized caps continued to rise.

At 2:30, the small and medium-sized index rose by 3.51%, opening up a gap of nearly 2 points with the core indexes of the Shanghai Stock Exchange, Shenzhen Stock Exchange and ChiNext Index, and the "sub-new stocks" led the gains in the two markets. The concept sector index rose by more than 5.5% during the day. Almost all the near-end sub-new stocks in the entire sector hit the daily limit. The money-making effect can be said to shock all investors who pay attention to this field.

At 2:40, in the field of 'film and television media', the related concepts of 'star shareholding and participation', the concept of 'mobile games', the concept of Internet online education, and the concepts of 'film and television production and film distribution' all set off a daily limit trend. The core stock in its field, 'LeTV', rose by more than 8% during the day.

At 2:50, when the market begins to enter the last 10 minutes of late trading.

The capital groups that were short all day began to further increase their positions rapidly. The three major indexes, Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index, continued to break through and rise after going sideways. At the same time, the market's time-sharing capacity also began to continue at this moment. Zooming in, all core weight stocks, popular stocks, and concept leading stocks once again ushered in a large wave of follow-up capital groups, and their stock prices once again broke through upward.

Finally, when 3 o'clock in the afternoon came and the two markets closed.

The Shanghai Index was at 3324.96, almost closing at the highest point of the day, up 1.69%. The Shenzhen Stock Exchange Index and ChiNext Index soared 2.07% and 2.27% respectively, while the Small and Medium Enterprises Index soared 3.83% during the day. , also completely lagging behind the performance of the Shanghai Composite Index in the past few days, completed a comprehensive counterattack against Monday's plunge.

And aside from index performance...

In terms of stock performance in the two cities, 85% of the stocks have fully reversed Monday's plunge, and more than 40% of the stocks have achieved new highs in stock prices.

Among them, there are two core weight sectors: securities and Internet finance.

Its internal core component stocks are basically 10% higher than last Friday's closing stock price. Especially for checks like "Flush", when the overall increase of the Shanghai Stock Exchange Index this week is only less than 2%, It continued its strong weekly increase of 21%.

Facing all market indexes, all popular core sectors all closed with sharp gains.

A total of 127 stocks in the two cities have sealed their daily limits, creating an extremely hot money-making effect.

Tens of millions or hundreds of millions of investors, both inside and outside the market, are extremely shocked and shocked.

After all, given the market's early trading situation and trend, few people would have thought that the market would end in such a situation.

No matter how demanding long investors are.

I am very excited and excited about such a market closing situation.

In general, this kind of market trend is completely beyond the expectations of most bullish investors in the market, and even the intraday expectations.

“I didn’t expect that the 3300-point barrier would be crossed just like that.” After the market closed at 3 o’clock, when the majority of investors were shocked, excited, and resuming trading, Yuhang and Jingda Investment Inside, in the main fund trading room, the company's general manager Gu Chijiang stared at the market, somewhat surprised: "Ting Zong, it is just as you judged. After the market's plunge on Monday, the pressure near the 3300 point has actually increased. It is not as heavy as before. The total market transaction volume today did not increase significantly. It was basically the same as yesterday's transaction volume. However, the market trend when it broke through 3300 points was smooth, and there was no strong resistance from the short sellers. and suppression, this shows that the bullish trend in the market is really tough!”

Lin Tingzong stood next to Gu Chijiang. Hearing his words, he smiled slightly and said, "Although I judge that the pressure on the Shanghai Stock Exchange Index around 3300 points is not as great as before, to be honest... I didn't expect it either. In this form, the Shanghai Stock Exchange Index directly broke through this pressure level.

To be honest...it's a bit beyond my expectations.

I originally thought that today's market could at most recover the sharp decline in early trading and stay sideways without falling. Unexpectedly... it actually made a full breakthrough.

This shows that the positive attitude of the financial groups outside the market to enter the market is more intense than we imagined.

It also shows that the financial situation of this "bull market" is more optimistic than we previously expected. It is estimated that for a period of time, the stock market will become another habitat for active capital groups in the entire economy. "

Gu Chijiang nodded and said: "Looking at the policy direction, this is what I planned. The regulators are working hard on both the property market and the stock market at the same time. I didn't expect that the first one... would be the stock market. Everyone originally thought that' The property market should be the first to rebound due to favorable policies, but now...it seems that the property market is not so easy to fully recover!"

"Policy is only a catalyst for market development." Lin Tingzong said, "It cannot change the essential development direction and law of the market."

"That's true!" Gu Chijiang nodded.

This wave of 'bull market' in the market, although the policies are favorable and stimulating, have given a great boost.

However, the fundamental reason why the market was able to recover significantly last year and this year is that with the macroeconomic recovery and the advent of the mobile Internet era, the performance of low-valued listed companies has reversed one after another, resulting in a reversal of the market's overall investment expectations and investment confidence. Only then did it bear fruit.

Without these basic conditions and essential factors.

If there are only positive stimulus from policies, the market will only be a loft in the sky and will not give birth to a sustained bull market.

"Looking at it now, it is absolutely correct for us to quickly adjust positions and exchange stocks at a relatively low level in the early trading today!" After a pause, Gu Chijiang said again, "Looking back, at that time point and position in the early trading, It is really the only opportunity to adjust positions and exchange stocks in the whole day.

And, fortunately, we acted quickly.

If there is a slight hesitation, after the Shanghai Stock Index rebounds comprehensively and further successfully hits the 3300 point.

Then many of the core-weighted stocks that we plan to increase our positions will not have such good buying opportunities. If we hesitate for a moment... we will lose at least 3% to 5% of transaction costs. "

Having said this, Gu Chijiang couldn't help but take another serious look at Lin Tingzong, regarding his judgment on market trends and grasp of buying and selling transaction nodes.

I have to admire him in my heart.

And more and more, I feel that my decision to provide sufficient treatment and let Lin Tingzong take full control of the company's several main fund products is really wise.

Lin Tingzong smiled slightly at Gu Chijiang's praise and said: "In fact, as long as we firmly believe that this is a 'bull market' market pattern, it is easy to judge the buying and selling points in short-term transactions. After all, as long as we firmly believe that everything in the market at this stage is The sudden trend will be repaired in the future.

Then, the short-term moment when the market is in a sudden decline in volume is the most suitable short-term entry point to increase positions.

Of course, for the majority of ordinary investors.

Holding positions firmly, firmly believing that this is a 'bull market' pattern, is actually the most difficult when comparing the fact that the market is panic-stricken and falling.

For many investors.

When your own expectations and judgments seriously deviate from the actual short-term trend of the market.

It is inevitable that you will continue to doubt yourself and make temporary wrong trading decisions. "

Gu Chijiang chuckled and said: "The weaknesses of human nature are not so easy to overcome. It is because of this that the market has always been a pattern of 'seven losses, two draws and one profit'. And if everyone is smart enough, how can there be any rivalry?" Where does the market fluctuation come from? If there is no fluctuation, where do the excess profits come from? "

"That's true." Lin Tingzong nodded, "When the market loses its game, there will naturally be no excess profits, and the stock market will become a fixed-income bond."

As the two communicated after the game...

At the same time, inside the company Minghui Capital in Yuhang.

In the main fund trading room, Xu Zhongji, as the general manager of the company's asset management business, stared at the fixed prices of the two markets for a long time before sighing: "This trend has obviously exceeded the expectations of many investors today. 3300 The breakthrough was too easy.”

after Monday's plunge.

And yesterday, the market was once again blocked near 3300 points, and fell sharply in late trading.

Originally, everyone thought that there was a high probability that the Shanghai Stock Index would break out of a new shock box near 3300 points to 3000 points, re-consolidate the market chip structure, and solidify the foundation of the bull market. Therefore, it was believed that the market should not be like this at the time of breakthrough trend. quick.

However, the actual market trend once again exceeded everyone's expectations.

The majority of investors who have seen the Shanghai Composite Index encounter huge selling pressure at 3300 points never imagined that the Shanghai Composite Index could break through the 3300 point mark so easily, further setting a new annual high, and returning to above 6 points after a lapse of 3300 years. .

Of course, it is also because this trend obviously exceeded expectations.

Their company's main fund product, in the past week, after reducing some positions since Monday's plunge, there was no time to add them back.

In other words, they operate according to legal stop-loss trading rules.

But he completely lost some of his chips.

"Yes, today's breakthrough trend of the Shanghai Stock Index is really unexpected." Next to Xu Zhongji, the fund manager He Hong, who had been silent, said at this time, "The opening of the 'Shanghai-Hong Kong Stock Connect' on November 11 is good for the market. The main funds from all walks of life, following this positive potential stimulus, successfully jumped into the game again."


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