The investment era of rebirth

"This sudden change in style is really surprising!"

Faced with the sudden change in the market trend, at this moment, in the main hot money group of Yuhang where Su Yu was located, a group of large hot money investors were obviously a little stunned. It seemed that no one had expected the market trend and market wind direction, which suddenly changed from The main lines of 'big finance, big infrastructure, military industry, technology growth, and sub-new stocks' in the early trading stage have transformed into 'big consumption, non-ferrous metal cycle, petrochemical industry, pharmaceutical business' and other low-level main lines that have been relatively stagflation before.

"But I have to say that this change in market conditions is really smart."

"Indeed, after the market officially opened, I felt that the popular main lines of 'big finance, big infrastructure, military industry, and science and technology growth' were pulled too hastily, which was a bit tempting to bully. As expected... Today I followed the 'Shanghai-Hong Kong Stock Connect' 'It is good for the funds to pursue these popular main lines, and in an instant, they are all ready to take over."

"The popular main lines of 'big finance, big infrastructure, military industry, and technology growth' have rebounded for several days in a row last week. There are already a lot of profit takings that have continued to accumulate. Today's profit taking will continue to improve the timing of landing. It is easy to understand the rapid rise and escape from high levels.”

"It is indeed the expected benefit, but it is not considered a benefit!"

"It can't be said that. The main reason is that the benefits of the 'Shanghai-Hong Kong Stock Connect' were fully reflected in the market trend before this benefit came into effect. If it were not for the support of this expected benefit, I estimate that last week, 'Big Financial 'The main line will not be so strong. Now that the good news has come to fruition, it is indeed understandable for the speculating capital groups that intervened in the past to flee profits and reduce their positions to stop profits."

"All the 'southbound funds' that were pursued today have been taken over."

"If this part of the 'southbound funds' that are aggressively chasing positions this morning are coming for short-term speculation, they should be regarded as 'takers.' But if they are coming for medium- and long-term holding logic, I think The popular core themes of 'big finance, big infrastructure, and military industry' should not have reached their high point yet, at least the underlying logic of the market's 'bull market' has not been loosened in any way, right?"

"But for the 'big finance' line, short-term adjustments are inevitable, right?"

"It's hard to say. With these low-level main lines taking over the rotation, it is actually not easy to achieve a short-term sustained profit-making effect."

"Even if the 'Big Finance' line needs to be adjusted, it should be over soon."

"I estimate that the adjustment of the 'big finance' line, especially the two popular sectors of securities and Internet finance, will not exceed three days at most."

"But today's board, rotating switching, there should be no doubt about it, right?"

"There's obviously no doubt."

"Low-level main sectors such as 'big consumption, non-ferrous metal cycle, petrochemical industry, pharmaceutical business, coal' and other low-level mainline sectors have lagged behind the overall market and have increased too much. Indeed, there should be a wave of compensatory growth."

"Yes, even if the individual stocks in these main line sectors and the corresponding concept sectors currently lack some future expectations, there is no strong logic of fundamental reversal, but the valuation of the core weight sectors of the entire market has been going up. Under such circumstances, these sectors and individual stocks whose valuations are significantly lower than the market average do have a need to make up for the gains."

"However, even if there is a certain demand for supplementary growth in these sectors, they can only be used as market substitutes during the short-term adjustments of several popular main lines, right? There should not be much sustainable market."

"I feel that once these sectors complete a round of compensatory gains, the main market trend will definitely return to the 'big finance, big consumption' field."

"Despite this, it does not affect the current market trend!"

"Let's just follow the market trend first. Although the supplementary increase in the low-level main line area is not very sustainable, at least the next day's market trend is still there, right?"

"Why do I feel like this rotation doesn't look like a short-term speculation!"

"I also feel that the main capital groups on the market are adjusting their positions in a purposeful manner. After all, even if the market is rotating towards the lower main line, the ones who actually lead the rise and the most obvious accumulation of buying funds are still a group of people. Weighted blue-chip stocks, as well as leading stocks in various industry sectors!”

"Purposeful adjustment of positions? It's possible!"

"The market trend of weighted blue-chip stocks and industry leading stocks is much stronger than the trend of small and medium-cap concept stocks related to the same industry. This is enough to show that from the main areas of 'big finance' and 'big infrastructure', high profit taking is achieved These major financial groups should not be here for short-term speculation, but for the logic of medium and long-term investment.”

"In fact, overall, the market trend this year has always been that the Shanghai Index has been stronger than the Shenzhen Index and the ChiNext Index. It has always been the trend of the market's heavyweight blue-chip and industry-leading stocks, which is far stronger than the market trend of small and medium-cap growth stocks and concept stocks. The trend shows that the market style and market ecology are already different from last year, or even earlier.”

"Judging from the absolute gains in several major market core indexes this year, this style is also very obvious."

"Yes, the Shanghai Stock Exchange Index has risen by about 50% this year, while the ChiNext Index has almost stayed put. The Small and Medium Enterprises Index has recorded a decline of about 3% so far this year, and the annual growth rate is negative."

"After careful calculation, the GEM index and the small and medium-sized index have been adjusted for a year!"

"Hey, let me just say that in the market, history always reincarnates, and there is nothing new under the sun... Last year, the ChiNext Index doubled, and this year it is indeed the turn of the heavyweight blue-chip and industry-leading stock prices. This divergent trend, overall, It’s so obvious!”

"In this case, let's follow the overall market trend and continue to hold weighted blue chips and industry leaders."

"In terms of holding preference, giving priority to blue chips and industry leaders should be the best investment strategy at the moment."

"In the early stage of the 'bull market', the pioneers must be the weighted blue chips and industry leaders. This fully shows that the current market is still in the early stage of the 'bull market'."

"No wonder the A50 index is so strong."

"Looking at the trend of the A50 index, I want to open a long order in the A50 index futures."

"If it is determined that it is the overall market trend of weighted blue-chip and industry-leading stocks, then opening a long order in A50 index futures should be more certain than holding the corresponding stocks, and the profit will be more."

"I have to say that the listing of A50 index futures is really just right at this time!"

"It's better to act than to have a heartbeat. I have already opened a long position."

"Indeed, if individual stock prices are uncertain, the index trend should be more certain. As long as the market's liquidity and trading volume continue to increase, the logic and expectations of the 'bull market' will continue to strengthen, regardless of the main line on the market. No matter how the market and popular sectors rotate, there is always only one way for the index to rise."

"I also followed a few long orders and resolutely went long in the market!" "I bought some 'Huaguo Petroleum'. Looking at the recent news, 'Huaguo Petrochemical', the first stock in the mixed mixed reform in the market, should be resuming trading in the near future. Among the two barrels of oil, 'Huaguo Petrochemical' is undergoing mixed ownership reform, and 'Huaguo Petroleum' will certainly not be able to escape. This stock with the largest weight in the two cities has been falling for six years since it was listed in 08. From the current high of 6 yuan to the current stock price of more than 48 yuan, it should take a while."

"'Huaguo Petroleum' is not as reliable as 'Yangtze Electric Power'. Isn't the mixed power reform more promising?"

"Hehe, it's not bad... I think as long as the quasi-weighted blue-chip stocks and industry-leading stocks go in this direction, the market should not be bad."

"Relatively speaking, I still feel that the heavyweight stocks in the 'securities' sector are more flexible."

"Yes, I stick to my previous view. In other words, since the future expectations of the securities sector have not changed, and the expectations of a 'bull market' are getting stronger, then the short-term adjustment of the stock prices of many core weight stocks in the 'securities' sector will not Isn’t it a rare and excellent buying spot?”

"Well, reverse thinking is also very important in the stock market."

"Anyway, no matter how the market adjusts and fluctuates in the short term, I will continue to increase my positions in Western Securities and Oriental Fortune. I will continue to increase my positions and continue to take them. I don't believe in this position. The Shanghai Stock Index has not reached 3500 points yet. The securities sector and Internet finance Is the market for the mainline sector with such a strong sector peaking?”

The news in the group was refreshed rapidly, and many large hot money players were discussing intensely.

The market trading time has now passed 11 o'clock in the morning and has entered the last half-hour trading period before the noon closing.

I saw this time...

The market patterns of the two cities are more distinct than before.

'Big Finance', 'Big Infrastructure', 'Military Industry', and 'Technology Growth' are the core main areas that performed particularly strongly in early trading, as well as related industry sectors, concept sectors, as well as blue-chip stocks and popular leading stocks of various weights. It fell back to near the opening position and fell into a sideways fluctuation.

As for the low-level main areas such as 'big consumption', 'non-ferrous cycle', 'petrochemical industry', 'coal', and 'pharmaceutical business' that have come from behind, the relevant industry sectors, concept sectors, as well as blue-chip stocks and industry leading stocks of various weights are all It is still continuing to increase its volume.

The market trend in this field continues to strengthen.

Among them, a group of popular stock areas that have received high market attention...

The stock price of 'Flush', the absolute core leading stock in the Internet financial sector, has fluctuated all the way down from the previous daily limit position, falling back to around the current 4% increase position, and the intraday turnover rate has reached about 23%. The half-day turnover exceeded 20 billion.

Affected by the 'Flush' stock's continued decline.

In the entire Internet financial sector, except for the "Great Wisdom" check, the daily limit is still sealed, and others such as "Oriental Fortune, Hengsheng Electronics, Jinzheng Shares, Yinjie Technology, Shanghai Steel Union, Tianyu Information, and Changliang Technology" ...'The other tickets fell sharply to near the opening position in early trading.

Second only to the check 'Flush', the check 'Huake Shuguang' is the most popular.

Currently, the daily limit is still sealed, and its 17-day tyrannical trend, no matter how the market fluctuates, cannot shake its market price at all.

And the entire 'sub-new stock' sector.

In addition to the still strong 'Huake Dawn', the check of 'Blue Stone Heavy Equipment', which is relatively closely related to it, can no longer maintain a strong market shape. As the market trading time goes by, it also follows the trend of 'Flush'. Same, it keeps going lower and almost turns green.

Other popular stocks include 'Western Securities, Huazhong Capital, Chengfei Integration, China Airlines Heavy Machinery, Fushun Special Steel, Shanghai Sanmao, Huaxin Securities, Shibei High-tech, Beixin Road and Bridge, Huaguo MCC...' .

Basically, the trend attitude is gradually falling back.

The major financial groups are almost concentrated on these popular stocks.

After seeing a large number of core weight stocks and industry leading stocks in the low main line area rising in volume and gradually moving to the top of the growth lists of the two cities, they are all taking profits at high levels to reduce positions and adjust positions into the low main line area.

And with countless funds operating like this...

On the premise that the two cities maintain the overall weight of blue-chip stocks and industry leading stocks, which are stronger than the trend of small and medium-cap growth concept stocks, the "high-low switching" disk pattern is becoming more and more obvious.

Finally, when 11:30 came, the two cities ushered in the midday closing time.

The Shanghai Index was set at an increase of 0.96%, while the Shenzhen Stock Exchange Index and ChiNext Index rose by 0.42% and 0.29% respectively. Among them, the A50 Index returned to the 2% intraday increase mark, and the Small and Medium Enterprises Index returned to a flat position. nearby.

Through the midday closing time, the performance patterns of the market's major popular indexes.

It can be seen that the overall trend of the market, although it has changed compared with the beginning of the market, still maintains the trend of large-cap stocks being much stronger than small-cap stocks.

In addition to index performance, there are also specific main lines and performance of major sectors.

Several core main lines, such as 'big finance', 'big infrastructure', 'military industry', and 'technological growth', are also related to the low-level core main lines of 'big consumption, non-ferrous metal cycle, petrochemical industry, coal, pharmaceutical business' and other previously obvious stagflation. trend, forming a relatively sharp contrast.

"The weight is mainly attacking, and the low main line is making up for the increase. The market trend this morning is really interesting."

After the market closed at noon, Fang Xinsheng, the company's asset management business manager and the product manager of the 'Manniu No. 11' fund, squinted his eyes when he saw such a closing situation at around 35:1 in the Shenzhen Stock Exchange. Looking at the settled market conditions of the two markets, he smiled and said: "Faced with the influx of 'southern' funds in the early trading after the opening of the 'Shanghai-Hong Kong Stock Connect', many of our active main funds in the A-share market, in general, I like to do things that I think are smart, but are actually stupid!"

Mou Zhengxing, who was standing next to Fang Xinsheng, was stunned when he heard what he said. He said in a daze: "Why did Mr. Fang say that? In the early trading, the 'Shanghai-Hong Kong Stock Connect' had a good launch, and he took the opportunity to harvest the stocks that came in from chasing positions at a high level." How come the main funds of the 'Southern Department' funding group are so smart?"