The Road to Rebirth Finance

Chapter 176

Since late July, there has been a marked increase in all kinds of off-market news, whether it is macroeconomics or individual stocks, all kinds of news have been released intensively.

Evening news, the central bank suspended the repurchase, which has greatly eased the sharp drop in funds from the open market and the foreign exchange holdings of financial institutions due to the purchase of new shares, and has greatly helped market liquidity to a certain extent.

Affected by the news that night, the Shanghai interbank offered rate fell from 6.5 basis points to 3.253 basis points. By the trading hours on Tuesday, the Shanghai and Shenzhen stock markets rebounded strongly, and both markets went higher.

The Shanghai Composite Index rose 1.02% to close at 2075.48 points, and the trading volume once again broke through the [-] billion mark. Today's surge is also the first time that the Shanghai Composite Index has broken through the dense area of ​​short-term and medium-term moving averages since the Shanghai Composite Index fluctuated for several months.

The GEM index rose 1.71% to close at 1329.35 points, returning to the position above the annual line. However, compared with the breakthrough of the Shanghai Composite Index, the GEM is still suppressed by the 60-day line, and the trading volume is only 211.5 billion Yuan, it is still far from a breakthrough in volume.

Today is a festive day for stockholders. Today’s weighting has risen, sector themes have generally risen, and individual stocks in the two cities have a large-scale daily limit. However, the performance of Junshi Fund’s four-backed positions today is average, which is in sharp contrast to the fiery market.

Among the four support positions, only Yinzhijie can be regarded as a big rise. Yinzhijie rose 4.79% today, and the stock price returned to above 17 yuan to 17.07 yuan. The trading volume decreased by 400 million yuan compared with yesterday.

The remaining three support positions are only in the state of redemption today, and Xibu Securities has only risen by 0.04 yuan, but the trading volume has reached a huge 1.96 million.

Wanan Technology closed at a flat price, and Dongfang Fortune also failed to outperform the market, and its trading volume fell below the 2 million yuan mark for the first time. The total intraday turnover was 1.96 million yuan, the same as Xibu Securities.

The three-backed position underperformed the market. For today's hot market, Xu Jianqing and the three of them were very concerned about the mentality of Xu Jianqing and the three.

The so-called watching people make money is more uncomfortable than losing money by themselves. For most retail investors, if their positions do not perform well when the market rises sharply, they may exchange shares and give up their previous beliefs in holding positions.

Gu Junhao has experienced such a moment more than once. Although Xu Jianqing and the other three have no right to exchange shares, but thinking about it, today should be uncomfortable, but Gu Junhao still won't give the three of them any instructions.

After the market closed yesterday, the three of them also came to the office; they wanted to report on the work of the day, but Gu Junhao interrupted them, and all they had to do was wait until the end of the month to see the results, and said that if there was no special need, he would not do it for the remaining trading days of this month. Back to the trading room.

This feeling made the three of them a little distracted. There are only 20 trading days in a month, and counting the nine trading days on that day, the boss will not appear in the trading room for nearly half of the trading time, which really surprised the three of them.
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"The stocks selected by the boss always feel a little special, have you noticed?" Xu Jianqing said in the trading room after the market closed at three o'clock, staring at the computer screen.

"What's special? What did you find?" Wang Ruoyu continued.

"Judging from what the boss has disclosed about the past, Dafu Technology, Tong Huashun, which he currently holds, and the stocks we currently hold; during his holding period, it seems that he seldom followed the index." Xu Jianqing didn't say this. , it was Liu Tingting who took the topic.

"That's right, the market has gone up so much today, and the Shanghai Stock Exchange has still made a small breakthrough. In the end, the performance of our few positions is not bad. Look at Wan'an Technology. After playing for a day, it closed at a flat price. Really played a lonely.

There is also the Tong Huashun held by the boss himself. Although he outperformed the index today, his performance is relatively average; even if Yin Zhijie is concerned, I am not optimistic about his future trend. "

After a pause, Xu Jianqing went on to say, "Yin Zhijie's rise today is stronger than yesterday, and the stock price has risen to 17 yuan again, but the trading volume is even lower than yesterday."

"Indeed, Wanan Technology is said to have pulled the daily limit in the early stage, and its performance is good. When this kind of subject matter breaks out today, it should attract the attention of funds. The result is that his daily shock amplitude does not exceed 2%, and it is shrinking again. It is very difficult to trade." Wang Ruoyu nodded.

"You's Dongfang's wealth is not much better. Today, Tingting's Xibu Securities has increased its volume, but this ticket has a smaller shock than Wan'an Technology, and there is no room for it."

"So you haven't said that you found these, what does it mean?" Liu Tingting was quite depressed today, and she had no chance to get off her mobile phone all day. Xibu Securities' amplitude was 1.7% throughout the day today, with a maximum of 11.26 yuan and a minimum of 11.07 yuan. The shock is less than 0.2 yuan.

If you want to do T under such conditions, it is very difficult. If you do too little, you may not be able to pay the handling fee.

"Don't worry, take your time; I mean that the stocks selected by the boss seem to be disorganized. There are mobile Internet, non-bank financial, securities companies, and auto parts, but they are all small and medium-sized entrepreneurial performance. growth stocks.

There are stocks with performance, concepts, and expectations; it is impossible to have no capital speculation, but why there is no response when the market is soaring?

If only one is like this, it can be said to be a trend problem, but five stocks including Tong Huashun are all the same. In addition, I also looked at some other stocks with good performance, and the trend is similar. "

"You mean, the big money in the market doesn't think there will be a big rise here, so they chose to wait and see today?" Wang Ruoyu rubbed his chin thoughtfully.

The rise of stocks is inseparable from volume and energy. Although there are many small and medium-sized entrepreneurial stocks with a daily limit today, including stocks operated by people like myself, there are not a few stocks that have shrunk. The GEM only traded more than 200 billion in a day.

Shrinking rebound, whether the market can continue depends entirely on whether the main funds will enter the market in the future. Perhaps it is true as Xu Jianqing said, today's surge is just a short-term rebound affected by the good news from the central bank last night.

"What Xiao Xu said is indeed possible. If so, what do you think should be done?" Liu Tingting said.

"Hey, I have a bold idea. Tingting is fine with you. Do you dare to vote together?" Xu Jianqing looked at Wang Ruoyu and said.

"What idea? Why should I forget it?" Liu Tingting wondered.

"Tell me." Wang Ruoyu also said with a smile, this guy seems to want to make trouble again.

"It's like this. Tingting's stock does not belong to the GEM, and its volume has also increased today, so don't participate. The stocks of me and Lao Wang are constituent stocks of the GEM. You can also see the trend and pressure of the GEM index. arrive.

Today’s volume, I don’t think it can break through, and the day after tomorrow is Thursday, Thursday, the legal decline day, so if Dongfang Fortune and Yin Zhijie still go against the GEM index tomorrow, we will rely on the volume. What do you think about selling a part of the position and getting it back on Thursday afternoon? "

Lose part of the position and take it back the next day; Xu Jianqing's idea is not unreasonable, you must know that the only thing Gu Junhao instructed the three of them was not to lose their chips.

"Are you crazy? Didn't the boss say you can't lose the chip, what will you do if you can't get it back?" Liu Tingting looked at Xu Jianqing dumbfounded.

Xu Jianqing's suggestion was not to say that she should not participate, but she would not dare to really pull her to participate. With the shock of Xibu Securities, it would take a lot of effort to buy it back after it was sold.

"So your judgment is that the GEM will fail to break through tomorrow or it will break through the 60-day line in a false way?" Wang Ruoyu asked, pointing to the core of the problem.

"Yes, I've thought about it. Since we can't break through, we will inevitably pull back. At this time, we will sell a part of the position and make a relatively large T."

"Then if you don't get it back, or if you need to catch up, you will lose a lot of bargaining chips. At that time, it will not only be as simple as deducting performance." Although Liu Tingting agrees with Xu Jianqing's views on the GEM index, she always I still think it's too risky.

"I've thought about this problem, right now I have a free quota of 200 million, the total market value of my current position is less than 1400 million, and it's impossible for me to sell all of my positions.

So even if my judgment is wrong, the loss cannot be 10%, which is 140 million yuan. At that time, I will use this money to cover the position. I will not do short-term in the future. You will make up half of the 200 million points. "

According to Xu Jianqing's calculations, Yin Zhijie's current trading volume has increased, with an average daily trading volume of more than 7000 million yuan. If he makes a transaction of 300 million yuan in a day, there will be no big problem.

If you are more courageous, you can even make about 700 million yuan. Based on the calculation of the highest 700 million yuan, if you find something wrong and buy it back immediately, the maximum probability is a loss of 70 yuan. The risk can be completely controlled.

Xu Jianqing is courageous, but he is not a brainless operation. The boss often said that the risk should be proportional to the return. When the return is greater than the risk, he can do it himself; it is because Yin Zhijie's trading volume is too small, otherwise I really dare to make a big T with a full warehouse.

I just need to explain to my boss the specific idea of ​​this operation and the stop loss point when I make a mistake. I believe the boss can understand. If you are qualified, you are not afraid to compete with the cleaning aunt for a job.

After hearing Xu Jianqing's analysis, Wang Ruoyu did not answer immediately. Instead, she pondered for a while, then returned to her desk, and called up the three major indexes and the trend chart of Dongfang's wealth.

Regarding the GEM index, Wang Ruoyu's views were similar to Xu Jianqing's, but when it comes to individual stocks, it needs to be analyzed in detail; Dongfang Fortune's trend is the worst compared to the index and Yin Zhijie.

Today, Dongfang Fortune barely closed above the 10-day line, with the 20-day line above it, and the 2-day line topped out. The trading volume has shrunk to below [-] million, and the downward trend is still very obvious.

(End of this chapter)