my financial empire

Chapter 25 Rising market turnover!
This suspension of trading due to continuous abnormal stock price fluctuations, although it will not have any impact on the company's fundamentals and expectations, but for hot money from all walks of life and other active funds in the market, follow suit on this stock , and even continue to hype enthusiasm, but there will be an obvious blow, causing the short-term investment sentiment of this check to suffer a severe setback.

However, the sudden slump in short-term investment sentiment, and the enthusiasm of active capital groups to follow suit and continue to speculate on this check has weakened.

Then it is bound to cause the short-term profit-making that is still gathering on this check to speed up and flee.

As a result, the stock price of this check was directly under pressure in the short-term trend.

Su Yue read the announcement carefully, and responded with a smile: "The normal stock price change verification announcement is not a bad news for the 'Northern Navigation' check, but it will be more conducive to the stock price adjustment of this check. This check can get out of the second wave of the market faster."

"What do you mean?" Fang Wanqing was taken aback, "Is bad news turned into good news?"

Su Yue said: "Bad and good, you have to look at it from different angles, just looking at the impact of this announcement on the short-term stock price of 'Northern Navigation', it is naturally bad.

But from the perspective of expectations and the internal bargaining chip structure, it is not necessarily so.

First of all, from the perspective of expectations, the basic logic of military industry, the main line of market investment, has not changed. There is no fundamental change until a clear response is made.

This shows that whether it is the main line of 'military industry' or the stock of 'Northern Navigation'.

The market is not over yet.

Secondly, in terms of internal bargaining chip structure, 'Northern Navigation' has accumulated a large amount of short-term profit-making chips after successive changes of hands and daily limits. Taking advantage of the short-term bad news of the announcement, a large number of these profit chips were cleared.

At the same time, the stock price quickly fell back to a relatively low level, and a higher profit-loss price ratio appeared again.

Well, in the general environment where the speculation of "military industry" and this stock is still expected, and the overall investment sentiment and hype sentiment in the market are picking up and improving, the active capital groups in the market will definitely return to continue to make this check. Continue to undertake and speculate on the stock price of this check. "

"It seems to make sense." Hearing Su Yue's analysis, Fang Wanqing pondered for a while before responding.

"However, the suspension of trading of checks should still have a relatively large impact on the hype sentiment of popular stocks in today's market's main investment line of 'military industry,' right?" The big brother is locked in a small black room, and the other 'brothers' will definitely be honest for a while."

Su Yue nodded and replied: "That's for sure, but it's only under pressure for a short time. As long as the market's overall investment logic and expectations for the main line of 'military industry' are gradually increasing, and at the same time, the market's investment sentiment and Investment confidence is still gradually picking up, so we don't need to worry about anything."

After speaking, Su Yue opened the trading software, logged into the fund trading account, and began to wait for the market to open.

At 9:15, the market call auction begins.

Thanks to the positive news over the weekend and the good trend of the external market, under the background of the overall positive investment sentiment before the market, most of the stocks in the whole market opened higher in the red market.

At 9:20, when the market has passed the initial call auction period, it enters the call auction link for irrevocable orders.

The market as a whole opened higher and fell back somewhat.

Then, when 9:25 came, the two cities ended the call auction.

The Shanghai Stock Exchange Index opened slightly higher by 0.11%, while the Shenzhen Stock Exchange Index and ChiNext Index remained flat. Of the more than 2000 stocks participating in trading in the two cities, 53% of the stocks opened higher in the red market.

From the perspective of the entire collective bidding process in the market, the overall investment style of the market still maintains the situation of "Shanghai is strong and Shenzhen is weak", and the two major investment lines of "military industry" and "infrastructure", as well as related industry sectors and concept sectors, are still strong. Leading the hot spots in the market.

Then, after a short pause of 5 minutes.

When the market enters the official continuous auction trading session at 9:30.

Induced by the good pre-market sentiment, the entire market only briefly rose in less than 15 minutes, and then fell into a shocking trend of shrinking adjustments.

Among them, the main line of investment in the 'military industry' sector, which has been leading the market last week.

When the leading concept stock 'Northern Navigation' was suspended for inspection, the hype sentiment was greatly affected and fell into a violent adjustment trend. Inside the sector, such as 'Chengfei Technology, Huahang Optoelectronics, Huahang Electronics, Huaguo The Great Wall, Aviation Power...' and other tickets, all under the pressure of the disk selling, went deep into the underwater shock.

However, when the entire 'military industry' investment main line follows the adjustment of the broader market.

'Fushun Special Steel', which had been adjusted in advance, went against the trend again, and its stock price rose steadily during the session. With the sharp increase in funds, the stock price also rose against the trend, continuing to break through new intraday highs.

Finally, at 3 p.m., the market closes.

The Shanghai Index continued Friday’s adjustment trend, closing down 0.22%, out of two consecutive losses; while the ChiNext Index closed down 0.32%, recording a trend of seven consecutive negatives, and continued to be weaker than the Shanghai Index, but the two are rising and falling Compared with last week, the scissors gap on the Internet has shrunk significantly.

While the index maintains a pattern of sideways shocks.

The "Future Investment Mixed Selection" fund product managed by Su Yue's department benefited from the 4.75% performance of the heavy stock "Fushun Special Steel" and the strong performance of "Dalian Heavy Industry" against the trend. The net asset value and profit net value, Double growth was also recorded again.

In particular, the net profit value bucked the trend and rose by more than 4%.

As for the net asset value of Su Yue's personal stock account, it broke through the 70 mark.

Next, on Tuesday, 'Northern Navigation' resumed trading and opened with a lower limit. Finally, after a large amount of money changed hands, it closed down 7.35%. The intraday turnover exceeded the 10 billion mark.

At the same time, thanks to the relatively higher-than-expected intraday performance of 'Northern Navigation'.

The main line of "military industry" picked up, and the two popular stocks of "Fushun Special Steel" and "Dalian Heavy Industry" also continued to rise sharply, and the index ended two consecutive negatives and closed positive again. Among them, the ChiNext index ended its seven consecutive negatives In the oversold rebound of the main line of "technological growth", it ushered in a strong rebound and rose by more than 1.5%.

Then, just when everyone thought that the adjustment of the ChiNext index and the main line of "technological growth" was over, it would undertake the main lines of investment in "military industry" and "infrastructure" and form a market rotation performance.

The next day, Wednesday.

The GEM index fell by 1.43%, successfully destroying everyone's hopes and expectations.

And in the form of the GEM index once again ushering in a sharp drop, the Shanghai stock index began to receive positive results again. At the same time, the main lines of 'military industry' and 'infrastructure' continued to perform, and began to invest in the main line of 'technological growth', which is being adjusted. A further capital siphon effect was formed, causing the market's tearing trend of "strong Shanghai and weak Shenzhen" to strengthen again.

On Thursday, the two major market investment lines of 'military industry' and 'infrastructure' further siphoned market funds.

Moreover, as reported in the news at 7 o'clock the night before, due to the country's macroeconomic strategy, several general direction strategies were reiterated.

The two core concept lines of 'the reform and reorganization of central enterprises and state-owned enterprises', 'New Era Road, and the Maritime Silk Road'.

Start on the market stage.

And it quickly attracted the hype of a lot of active funds in the market, which also stimulated the two main lines of investment in the 'military industry' and 'infrastructure' markets, with greater potential for hype expectations.

"'Military industry' and 'infrastructure' are the two main lines of investment in the market, and the trend feels stronger and stronger."

At around 2 o'clock in the afternoon, in the trading room of the "Future Investment Mixed Selected" fund product, Fang Wanqing saw that the Shanghai Stock Exchange Index once again broke through the 1% increase, and the intraday turnover continued to increase, breaking through the 1000 billion mark. At the same time, it supported the Shanghai Index The two major market investment lines of 'military industry' and 'infrastructure' in the market broke out in an all-round way, and he couldn't help but exclaimed: "Not only are the major popular concept stocks hyped like a raging fire, but also within the sector, almost all undervalued large-cap stocks have funds. Signs of substantial inflows, this evolution of the market... really exceeded expectations!"

"Last night's policy news, the news at 7 o'clock took almost half of the time, talking about the macroeconomic strategic layout of 'state-owned enterprise reform' and 'new era road, maritime silk road'." Fang Wanqing's side Deng Yajie responded, "Such an obvious policy trend is basically to give 'military industry' and 'infrastructure' two major investment lines that are already popular in the market, with the wings of soaring valuations and unlimited hype potential. Won't you fly?"

Speaking of this, Deng Yajie looked away from the two markets, and couldn't help but glance at Su Yue.

I really admire it in my heart.

Looking at it now, the main line of investment in the market has basically been fully transferred to the concept of "big infrastructure" and "pan-military industry" headed by the main board. The main line of market investment, "technology growth", has been completely abandoned by mainstream funds and has become A clear drag on continued market strength.

And all this...

It has been completely verified, all the market judgments and conjectures of Su Yue and Lu Pengfei in the debate.

"Fuck, today's 'Fushun Special Steel, Dalian Heavy Industry, and North Navigation' three checks, all of them have their daily limit!" While Deng Yajie was contemplating, Zhou Kai stared at the board, and was so excited that he almost jumped out of his chair. Get up, "Sister Deng, Su Yue, Team Leader Fang... Is this a bull market?"

"Don't be in a bull market at every turn." Deng Yajie came back to her senses and gave Zhou Kai a blank look, "Have you ever seen a bull market at 2000 points?"

"But the recent trend of the Shanghai stock index is really strong." Zhou Kai muttered back in a low voice, "Also, in the past week, the stock index has continued to increase in volume!
Last Friday, when the stock index shrank and adjusted, the turnover was still 700 billion.

This Monday, the Shanghai stock index continued to adjust, and the turnover rose to about 715 billion.

On Tuesday, the stock index resumed its rise, and the turnover directly exploded to around 800 billion, an increase of nearly 100 billion.

On Wednesday, the Shanghai stock index continued to rise, and the turnover also continued to explode. It also increased by almost 100 billion to around 900 billion.

Today, the market has not yet closed. It is only after 2 o'clock in the afternoon. The daily turnover of the Shanghai Stock Exchange Index has already exceeded the 1000 billion mark. Compared with yesterday, the amount exploded almost 1200 billion.

300 billion incremental funds to enter the market!Sister Deng... this shouldn't be easy, right?

Also, last week, the stock index just went out of the five consecutive positive days, but it just shrunk and adjusted for two days. It is concluded that there are huge off-market main funds, and they are entering the market quickly. I feel that this round of market... may not be as simple as a rebound, and it is very likely to be a reversal! "

"The huge incremental funds that came in today should have been stimulated by last night's favorable policies." After listening to Zhou Kai's analysis, Fang Wanqing glanced at him in surprise, and responded, "These funds came in. , It is definitely good for the market, but whether it can drive the market from a rebound to a reversal in the end depends on the continued profit-making effect of the market, and whether these funds that enter the market can be retained."

After finishing speaking, Fang Wanqing looked at Su Yue again and asked, "Student, what do you think?"

Su Yue nodded slightly, and responded: "Senior sister is right, whether the market can change from a rebound to a reversal depends on whether the market volume can be stabilized after it can go up.

It also depends on whether the two core concept lines of "state-owned enterprise reform and reorganization" and "New Era Road and Maritime Silk Road" can cooperate with the two main market investment lines of "infrastructure" and "military industry" under the stimulus of policies, and other The market underestimates the traditional investment main line, creating a higher expected space and money-making effect.

As long as the amount can go up, it can be stabilized.

And these mainline investment logics, as well as the money-making effect of the market, can be further deepened and diffused.

Well, the bull market may not be far away from us... "

"Yes, yes..." Zhou Kai said excitedly, "Actually, that's what I mean. Also, technically, the Shanghai stock index can maintain its rising trend this month, and the monthly K-line pattern is golden cross."

"Based on the K-line pattern, judging the market trend and the conversion between bulls and bulls should be similar to fortune-telling, right?" Deng Yajie frowned and said.

She doesn't really believe in K-line technical analysis from the bottom of her heart.

Su Yue responded: "Separate from fundamentals and market volume, and simply focus on K-line technology is naturally fortune-telling, but if the three are combined, there is still a certain reference."

"Huh...'Dalian Heavy Industry' has exploded!" In the discussion among the four, in the trading room, another trader named Qian Jin who had been staring at the board suddenly exclaimed, and his eyes immediately turned to Fang Wan. Qing asked anxiously, "Team Leader Fang, this check...should we be able to stop the profit temporarily, right?"

(End of this chapter)