The investment era of rebirth

We saw the state of the two cities at the beginning of the call auction.

In particular, I saw the hot securities sector, with almost all stocks opening at the daily limit.

Inside and outside the market, hundreds of millions of investor groups, whether they are major institutions, large hot money investors, or retail investors, are all extremely shocked.

Everyone thought that the market would open sharply higher, but they never imagined that it would open so high.

"Damn it, the whole 'big financial' main line sector is completely crazy, right?" At 9:16, inside Yuhang, Yuhang Investment Company, in the main fund trading room, Wang Can, who had been observing the changes in the market, was shocked. It was completely unbelievable, "Isn't it the expected good news? Why are they collectively raising the limit? Has the market developed to such a crazy point? The Shanghai Stock Exchange Index is going straight to 4000 points in one breath!"

With Wang Can's exclamation...

Zhao Lijun, who was sitting next to him, stared at the opening scene of the two markets, and was inevitably a little shocked in his heart. He said: "This opening scene, even if it is just the scene at the initial opening moment, is far beyond expectations. It is simply crazy. The securities sector is in At this height, can we still hit the daily limit?”

"It is obviously impossible for the securities sector to maintain the daily limit trend, right?" Zhu Tianyang took over and said, "In the past month, if we want to say which main line in the market has accumulated the most short- and medium-term profit orders, there is no doubt that it is In the securities sector, this round of interest rate cuts and reserve requirement ratio cuts by the central bank has been reported several times before, and most of the domestic institutional groups have expectations. To be precise, the benefits of the central bank's interest rate cuts and reserve requirement ratio cuts this time are not at all Not more than expected.

In this way, the market dares to open sharply higher today.

In particular, the main line of 'big finance', which has been somewhat expected to be fulfilled, and the core sectors of securities, banking, insurance, and Internet finance, as long as they dare to open significantly higher.

Then, I believe that the serious accumulation of short- and medium-term profit-taking funds within it will definitely take profits quickly.

Therefore, there is a high probability that as the call auction time enters after 9:20, the popularity of the main line of 'Big Finance' will drop rapidly. "

"But...it doesn't look like false bidding." Wang Can said, "It feels like the orders chasing securities stocks are all real orders."

Liu Yuan turned around at this time and responded after taking the words: "Whether it is a real order or a false order, it cannot change the expected situation that after the news of the central bank's interest rate cut and RRR cut, the market will see good news and the good news will be exhausted, it can also not change the expected situation. We continue to adopt a trading strategy of significantly reducing positions and taking profits."

"Hey, it's better not to place false orders." At this time, Zhang Guobing also responded, "The more we open higher, the more conducive it is for us to reduce our positions and take profits. The current bullish sentiment in the market is stronger. Then after the market opens, The stronger the capital liquidity and market liquidity of the core main lines of 'big finance', 'big infrastructure', 'military industry' and 'film and television media' can be created, naturally we will be more calm when we reduce our positions. .

Also, what Manager Liu just said was right.

The most core thing in stock trading is expectations.

The current moment, when the news of the central bank cutting interest rates and reserve requirement ratios comes to light, is actually the moment when market sentiment is strongest and the moment when expectations are fulfilled.

Analyzing further, after the news of the central bank cutting interest rates and lowering reserve requirements came to light.

Is there any greater benefit than this in the short term for the market? For the time being...it seems that there are no expectations or news about this, right?

If this is the case, it means that from now on, there will be a period of time in the future.

Market expectations must show a gradual process from high to low, which means that after the market expectations reach the peak in the short and medium term, they will inevitably decline subsequently.

Since expectations are bound to decline, the stock price, which is mainly supported by expectations, will naturally not be much better.

Therefore, taking advantage of the current good market conditions and high liquidity, I think we must further accelerate the pace of reducing positions and taking profits, complete the strategic plan of reducing positions and taking profits as soon as possible, and reduce the positions of our fund products to the level specified by Mr. Su some time ago. position. "

"Well, Guobing's analysis makes sense." After listening to the discussion of several people, Li Meng, who had been staring at the two markets without speaking, said with a smile, "As expectations are fulfilled and market liquidity increases, the more It is beneficial to us. It should be said that today is the best trading window period for us to reduce our positions and take profits. Of course, at this time, although it is the best window period for us to reduce our positions and take profits, we must increase our speed of reducing our positions and taking profits. We still have to be careful to avoid the data on the dragon and tiger lists of the two cities. After all, once we expose our motivation to reduce positions and take profits at this time, strong follow-up orders will instantly affect the implementation of our trading strategy."

"Okay." Everyone nodded and ordered the traders behind them to follow the instructions.

And in the discussion room between a few people...

At this time, the market's call auction trading time has already entered 9:20.

We can only see the changes in the transaction orders that were matched at the beginning of the call auction, as well as the impact of many false pending orders that were quickly canceled before 9:20.

The real collective bidding situation finally presented by the market did not fall much lower than at 9:15.

Among the main areas of 'big finance', the securities sector and the Internet finance sector still maintained a nearly daily limit of 8% growth, while the banking and securities sectors also opened higher at around 5%.

As for the industry sectors in the two popular main areas of 'big infrastructure' and 'military industry'.

The two major industry sectors of construction decoration and building materials opened higher by about 3%; the major industry sectors of machinery and equipment, commercial real estate development, steel, public transportation, and non-public transportation also all opened higher by more than 2%. The 'National Defense Industry' industry sector also opened higher at a 3% increase.

As for other related industry sectors and concept sectors in the main line fields such as 'big consumption', 'non-ferrous cycle', 'petrochemical industry', 'pharmaceutical business' and other main lines.

Most of them opened higher with an increase of 0.5% to 1.5%.

In general, although the market situation of the two cities presented at this moment is slightly lower than that of the two cities at 9:15, it is still an obvious trend of opening sharply higher, and the two cities are united. The industry sector and the concept sector, stimulated by the major interest rate cuts and reserve requirement ratio cuts by central enterprises, have maintained a state of no decline since the call auction in the two cities at 9:15.

"Boss, this opening call auction situation is a bit too crazy." At 9:22, after the two cities entered a call auction state where orders cannot be canceled, the main fund trading room in Zexi Investment Company in Shanghai, Shanghai, Zhou Kan, who had been keeping an eye on the market, still couldn't hide his shock and said with emotion, "Our fund products have already reduced a lot of positions. Unexpectedly... now the net value has reached a new high."

If the market really follows this collective bidding pattern, it will reach the moment when it officially opens.

Then the net value of their company's main fund products is expected to rise even higher.

Xu Xiang heard Zhou Kan's emotion, and a very surprised look appeared on his face regarding the current market's entire collective bidding trend and the sharply higher opening.

He also didn't expect a benefit that could be said to be almost within expectations.

It can actually cause such a big impact on the market that is already at a high level in the short and medium term, driving the market to open higher by this range.

This shows that the potential long power outside the market is still very strong.

It also shows that if there is a large accumulation of short- and medium-term profit orders in the market, as well as a large number of unwinding orders in the past two months, as well as a large number of loose hold orders, we can obtain profits in the next period of time. Thorough cleaning, or relatively clear.

Then, after the market's internal chip structure has stabilized again.

It will definitely be possible to travel lightly and achieve a more beautiful and powerful bull market.

Of course, this is the trend in his ideal state.

Put it in perspective...

He believes that under this major positive trend, no matter how much the market opens higher, it will not be able to restore the result of the loosening of the market chip structure and the realization of profit-taking benefits.

"Although the market opened higher than expected," Xu Xiang said, "however, the actual chip structure of the market has not changed. Moreover, the implementation of major and positive news will actually cause the subsequent market expectations to fall and give the market upward momentum." This has caused heavier pressure, so our strategy of continuing to reduce positions and take profits remains unchanged. We cannot be blinded by the hot current market conditions and get caught up in the prosperity of this performance."

"Yeah!" Zhou Kan nodded and responded, "That's true." Xu Xiang paused and then said: "But opening so much higher has stimulated the market's long sentiment to the maximum extent and attracted as much interest as possible. It is good to have the potential long funds that were short before, or wanted to increase positions but did not, provide higher liquidity to the market, making it easier for us to reduce positions and take profits more calmly."

With the sound of his voice...

The market trading time, unknowingly, has reached 9:25, and the collective bidding in the two cities has ended.

I saw a collective bidding process lasting ten minutes.

In the end, the Shanghai Index was set at a 1.95% increase position, opening nearly 2 points higher. At the same time, it directly crossed the 3800-point mark and had the momentum to directly hit 4000 points. Others... Shenzhen Index, GEM Index, Small and Medium-sized Enterprises Index The index also opened significantly higher than the 1% increase.

As for the A50 index, which is most closely related to 'big finance' and most of its constituent stocks are big financial weight stocks, it opened directly higher at a 2.23% increase, once again forming a large upward gap, showing A very strong market pattern emerged.

In addition to the opening performance of the market's major core indexes...

There are many popular main lines in the two cities, many industry sectors, concept sectors, and even the performance of core weight stocks and popular concept stocks.

I only see the main line of 'big finance', as the direct beneficiary of the central bank's interest rate cuts and reserve requirement ratio cuts.

Naturally, it opened sharply higher across the board, leading the entire market.

Among them, the securities sector index opened higher at 7.68%, and more than 6 stocks of all securities stocks exceeded the daily limit.

The opening increase of the Internet financial sector index was similar to that of the securities sector.

Among them, the three stocks of 'Great Wisdom', 'Flush' and 'Oriental Fortune' all opened with a one-word daily limit.

Behind the main line of 'big finance'.

In the main areas of 'big infrastructure' and 'military industry', at the last minute before the call auction ended, the 'commercial real estate development' sector suddenly surged higher, squeezing into the two sectors after the securities, banking, and insurance sectors. Ranking fourth on the city's growth list, it is at the forefront of the growth lists of the main industry sectors of "big infrastructure" and "military industry".

As for other non-popular main line related industry sectors and concept sectors.

The higher opening range is basically similar to the increase of the corresponding market index.

In terms of the performance of popular heavyweight stocks and popular concept stocks, 'Huaxin Securities' opened with a surge of 7.11%, while 'Huaxin Securities, Harbin Investment Capital, and Western Securities' several popular securities sectors were all at their daily limit.

It is the 'sub-new stocks' sector.

Due to the impact of the flat opening performance of the two big monster stocks of 'Bluestone Heavy Equipment and Huake Dawning', the entire 'sub-new stock' industry sector has actually become a weak sector with a relatively lagging increase in the two cities' high opening.

But even if there are local weaknesses.

Overall, the opening performance of the two cities clearly exceeded the expectations of market investors.

Moreover, there is an overall rising trend. At the moment when the call auction ends, there are nearly 1700 stocks in the two cities, maintaining a rising trend in the red market.

It can be said that the money-making effect of the market reached its climax at the beginning.

Faced with the opening scenes of the two cities, the mood of the broad investor groups, both inside and outside the market, was not only excitement but also frenzy.

"Holy shit, shit, the market is going to go crazy today."

At 9:26, among the retail investors gathered in the stock discussion area of ​​the trading platform, many people shouted excitedly.

"Just jump high and jump high. It's too strong. It will definitely go crazy."

"I feel that for the expectation that the Shanghai Stock Index will hit 4000 points, we don't have to wait until the end of the month. Today... maybe we can directly see the Shanghai Stock Index hit 4000 points."

"I feel that strongly too."

"Oh my god, the securities are going to collectively rise to the limit. The check from 'Huaxin Securities' was directly traded for 5.5 million yuan through collective bidding."

“I feel like there will be huge turnover in the market today.”

"Both the quantity and price have gone up, haha... no problem."

"Add positions, increase positions... At this time, I really want to have unlimited funds."

“There is really gold everywhere, but it’s a pity that the position is full and the conditions for on-market financing cannot be met.”

"Hey, I just sold the securities and stocks last Friday. I regret it so much. Do you want to get them back now? The feeling of being short is really uncomfortable."

"Catch him back. He must be chased back. Otherwise, it will be even more uncomfortable if he chases her back later."

"I have a deep understanding. Who said that the market was going to adjust? It made me sell a lot of chips. Damn it..."

"Haha, I'm full of securities stocks. This time, it's really exciting."

"This opening is really explosive. Just watch it. In 10 minutes, the securities sector will inevitably hit the daily limit collectively. We are optimistic that the securities sector will continue to double in December."

"'Big Finance' is really strong, I feel doubling is the minimum."

"Mom, I'm going to raise money to continue buying stocks. The market has risen so much. I'm so jealous."

"Haha, in this stage of the stock market, making money is as easy as eating and drinking. It really proves the saying that in a bull market, you will make money if you buy it."

In the midst of extremely heated and intense exchanges...

In the blink of an eye, the 5 minutes of suspension time passed by.

In the eyes of countless pairs of eyes full of expectation, 9:30 arrived, and the two cities ushered in the official continuous bidding transaction.

When the stagnant market began to trade again, under the extreme bullish sentiment, in just a moment, the securities, banking, insurance, and Internet finance sectors that were already in a state of skyrocketing surged again, especially the securities and Internet finance sectors. Its internal component stocks formed a crazy daily limit trend at the moment the market officially opened, attracting countless funds and countless investors to follow the trend. (End of chapter)