Rebirth of the investment era

Under the influence of the three main funds synchronously stopping losses and selling down, the trend of the "military industry" line has become even weaker.

On the market, the entire 'military industry' industry sector index further expanded its decline, reaching the 3% decline mark at 10:49. Among them, the core concept stock Hongdu Airlines almost fell to the limit under the suppression of continuous large-scale selling, while Huaguo Heavy Industry, China Airlines Mechanical and Electrical, China Airlines Optoelectronics, Aviation Engine, China Great Wall, Aviation Technology... a number of core component stocks that the main funds of the three parties have focused on building positions have also fallen close to 5%.

Immediately afterwards, due to the panic of the main line of "military industry", which was almost exhausted, the market fell.

At 10:50, the industry sectors and concept sectors related to several core main areas such as 'infrastructure', 'state-owned enterprise reform', and 'Internet finance', which were completely abandoned by the main funds in the market, also instantly broke out with the same panic selling trend. , the entire disk of several major lines, at a glance, is full of heavy selling that takes the initiative to kill the market price.

At 10:52, under the overall collapse of the main lines such as 'infrastructure', 'state-owned enterprise reform', 'Internet finance', and 'military industry', the Shanghai Stock Exchange Index fell to around 2220 points in one go, and the decline expanded to more than 5%. At the same time... ...The two main lines of 'smartphone industry chain' and 'mobile Internet' that had performed slightly in the early trading have also stopped at this moment. Not only did they give up all the gains in the morning, but their related industry sector and concept sector indexes also fell. Once underwater, the strong state no longer exists.

At 10:55, all industry sectors in the two cities turned green, and none rose.

At 10:57, Beixin Road and Bridge hit the limit again.

At 11:02, when the market trading time entered the last half-hour of midday trading, after the Shanghai Stock Index touched the lowest level of 21 points, the volume of panic selling in the two cities finally weakened, and bargain-hunting funds began to rush in at low levels. Both the index and individual stocks have experienced a short-term rebound.

At 11:05, the Shanghai Stock Index returned to the 2220 point mark.

At 11:09, Beixin Road and Bridge opened its lower limit, and the market decline retracted to around 8%.

At 11:12, the film and television media industry sector turned red again, becoming the only industry sector to turn red in the two cities, and the core component stocks within the sector, such as Changqu Technology, Hua Qingbao, Huayi Brothers, Enlight Media, and Oriental Fortune Waiting for votes, there was a relatively rapid rise, and the intervention of bargain hunting funds was more obvious.

At 11:16, the Shanghai stock index's decline retracted to less than 5%. Electronic information became the second industry sector in the two cities to turn red after film and television media. At the same time, Anjie Technology, Xinwei Communications, Subbed, and Lixun Precision and other "Apple mobile phone concept" stocks rose rapidly, and the entire market began to improve.

At 11:20, when the market trading time entered the last ten minutes before closing at noon.

Funds hunting for market dips have obviously become more active.

Not only 'film and television media' and 'Apple mobile phone industry chain' were attacked by bargain-hunting funds, but also 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', and 'venture capital' suffered too heavy a price decline during the session. ', 'Shanghai Free Trade Zone' and other main lines also ushered in a lot of funds buying the bottom.

In this situation where the volume-energy relationship between active selling and active buying in the market returns to rationality.

At 11:30, when the two markets closed at noon, the Shanghai Composite Index regained the 2230-point mark, retracting the intraday decline to 12%.

As for the Shenzhen Stock Exchange Index and the GEM Index...

As it is approaching midday, the main direction of the bottom-hunting funds on and off the market is the 'growth stock' field that is biased towards the small and medium-sized boards and the GEM. Therefore, the performance of the two major indexes is significantly better than that of the Shanghai Stock Exchange Index. At the time of closing at noon, It closed down 89% and 72%.

Among them, the small and medium-sized board index is an important core index in the two cities.

At 11:30, the moment when the market prices in the two cities were fixed again, the decline shrunk to less than 5%, becoming the strongest core index in the two cities. It also fully demonstrated the attack of the main funds in the market today and the main market trends. The direction of performance emphasis.

Faced with such a midday closing result...

The vast number of investors both inside and outside the market were naturally quite disappointed. However, despite being disappointed, thinking about the recovery performance of the index before midday, they could not help but have more expectations and hopes for the market trend in the afternoon, hoping that the market would After breaking out of the panic market, it was able to rebound from a deep v and usher in a more powerful violent rebound trend.

"The lowest point in the session, 21 o'clock, is almost there?"

Among the large group of retail investors gathered in the discussion area of ​​the stock trading platform and the stock investment forum, some people raised questions after a brief review.

"I feel like it's almost done. After all, there's already a panic in the game."

"Judging from the market trend, it does seem to be a bit like bottoming out. Near midday, the funds accepted by the market for bargain hunting have obviously expanded by an order of magnitude, but 'infrastructure', 'state-owned enterprise reform', and 'Internet finance' There is still no obvious recovery trend among these core main lines. Through the market analysis of these core main lines, it feels like the market has not bottomed out."

"Today's market hot spots are not on the core themes of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance', right?"

"Yes, the main hot spots have returned to the field of 'growth stocks', which are mainly composed of small and medium-sized board and GEM stocks. The core popular stocks in the conceptual fields such as 'smartphone industry chain' and 'mobile Internet' have obvious There are signs of bargain-hunting fund attacks, and the trend is obviously stronger than other areas in the two cities."

"Well, I feel like the market style is changing a bit."

"Will the market's main hot spots return to the two main lines of last year's core hype, the 'smartphone industry chain' and 'mobile Internet'?"

"It's hard to say. At least for now, active funds on the market are converging on these two main areas."

"Today's performance of several major indexes does mean that the Shanghai index is weak and the deep is strong. It can be seen that the Shanghai stock index is still falling below 1%, while the small and medium-sized board index has almost turned red."

"But how do I feel that in the rotation of market hot spots, the core hype logic is still 'oversold rebound'?"

"I also feel that the market's hype logic is still the 'oversold rebound' line."

"Well, the two main lines of 'mobile Internet' and 'smartphone industry chain' did not rise much during the market rebound in April and May. However, with the market adjustment in late May, they fell a lot. , it is indeed in line with the logic of 'oversold rebound'."

"I always feel that in the market, the core main line that has the effect of making sustained money has not yet been developed."

"Let's take a look while walking. If the two lines of 'mobile Internet' and 'smartphone industry chain' continue to rebound in the afternoon and can lead the market out of a deep V trend, then we can still take a high look, and maybe the market can really be here. , switching styles, of course... If in the afternoon trend, these two core main line concepts fall back again, like yesterday's 'venture capital' concept, then there is nothing to say, the market has definitely not bottomed out yet. .”

"No matter what the logic is, the market trend this morning, to be honest... is obviously lower than expected."

"Buying the bottom, buying the bottom... I don't know how much money has been buried in the early bottom buying. Although the index is very close to the 2200 point mark at the moment, when the market trend develops, the decline at the end is often the most scary. I I feel that we still need to be cautious when buying the bottom at this time.”

"In fact, during the period nearing midday, although the index decline has shrunk a lot, on the market, overall, the rebound is still showing an attenuation state. This proves that the funds that are buying the bottom at this stage have their own confidence. It’s not very sufficient. Under such circumstances, I think it’s still difficult to stabilize the market and get out of the deep V trend.”

"The money-losing effect of the top 20 most popular stocks in the two cities is still obvious. In this case, I will not buy the bottom easily anyway."

"Yes, in fact, on the whole market, except for the two core main lines of 'mobile Internet' and 'smartphone industry chain', which are slightly performed, there is really nothing else to see."

"My point of view is still the same as before. As long as 'infrastructure' and 'state-owned enterprise reform', the two core themes that previously led the market, do not really bottom out and usher in a strong rebound, then the index bottoms out and the so-called bottoming out occurs. If the trend reverses at the bottom, there will be huge variables.”

"Well, it seems that the two core main lines of 'mobile Internet' and 'smartphone industry chain' have completely collapsed before the market turned around again, right?"

“Anyway, in a downward trend, just operate with caution!”

"I don't chase highs and guess lows. I just look at an indicator. When Mr. Su's 'Way of Wealth' appears, I will re-enter the market."

"It feels like Mr. Su's 'road to wealth' has disappeared for some time."

"Hey, I just don't know the specific position data of the 'Yu Hang Series' fund. If you know it, you can't go wrong if you follow it and buy it."

"You should be able to find out if you sneak into the internal investment group of the 'Yuhang Department', right?"

"It's impossible. During the period when the 'Yu Hang Series' fund is closed and its net worth is not disclosed, its position data are all internal secrets of the company. It is impossible to leak it. Of course... unless you go to the fund managed by Mr. Su. You might know this if you work as a trader at Yuhang Investment Company."

"If you really become an internal trader, you will probably have to sign a confidentiality agreement. Even if you know it, it is still equal to zero."

"Fund traders who use private accounts to trade stocks should be reported, right?"

"It must be reported, and the stocks held by the fund must be avoided accordingly, otherwise...after all, it will be suspected of being a rat position."

At a time when many retail investors are discussing intensively in the comment areas of stock trading platforms and stock investment forums.

Su Yu is in the main hot money group of Yuhang.

All the hot money bosses from Zhezhou Province and even Yuhang City are having heated discussions about today's market trends and expressing their own opinions one after another.

"What is the logic behind the line of 'film and television media'? Do you think it can be done?"

"For the 'film and television media' line, just look at the three stocks of 'LeTV, Enlight Media, and Huayi Brothers.' I feel that there is still room for expectations in this line."

"The explosion of the online drama market and the recovery of the film industry?"

"I heard that the national macro policy seems to have generous policy support for this field, right?"

"Who told me this? I haven't heard of any news about this yet!"

"Don't analyze the underlying logic. I feel that today's 'Film and Television Media' sector and 'Apple Mobile Phone Concept' can lead the market and be chased and favored by active funds in the market. The logical line they follow is still the four 'oversold rebound' In other words, the sustainability of the market is still doubtful."

"Indeed, compared with the entire market, it is too powerful and has basically no value to participate."

"Overall, the market's buying orders are still hesitant to accept funds, while selling orders are still more determined than buying orders. In this situation, it is really difficult to predict the market trend in the afternoon."

“I was buried when I was buying the bottom before, why are you still buying the bottom?”

"At this time, the right side is more reliable than the left side. If the index fails to support 2,200 points, if it falls below, it will be a bottomless abyss again."

"Be cautious and cautious. Optimism at this time is often the easiest to be slapped in the face."

"Although the two sectors of 'Film and Television Media' and 'Apple Concept' seem to be gaining momentum, the overall investment sentiment in the market is still very weak, and the money-losing effect of the two cities is still very obvious. In this case , if you attack rashly, you will be quite passive!"

"Let's continue to wait and see. Mr. Su is not in a hurry. Why should we be in a hurry?"

"Yes, effective money-making opportunities are far better than risky opportunities with low certainty. Again, you have to learn to short positions!"

"Hey, short position is the most difficult. Now I finally understand this sentence."

"The market will not close. As long as there is capital, the market will never lack opportunities. Anyway... when the market investment risk is still relatively high, light and short positions are the only correct choices. Even if we are not taking the investment route, That’s also the line of speculation, not gambling.”

"That makes sense, let's wait and see."

"We'll wait until the trend-following effect picks up again for popular stocks that have attracted much market attention."

"Yes, the current money-losing effect of popular stocks is still very obvious, and everyone's enthusiasm for following the trend is not high. In this situation... even if we rashly pull in some popular concept stocks, there will be no strong following sentiment and the support of funds to follow the trend. It’s hard to hold on.”

In the midst of intense exchanges and discussions among many hot money players.

As the messages in the group were refreshed rapidly, the lunch break also passed quickly.

Immediately afterwards, with tens of millions of investors inside and outside the venue paying close attention, the time passed at 1:00 p.m., and the two cities once again ushered in continuous bidding transactions.

I saw that after an hour and a half of emotional brewing and news fermentation at noon.

The trading market of the two cities had just started to jump, and relatively radical investor groups rushed in to buy the bottom, focusing on attacking 'film and television media', 'Apple industry chain', 'electronic information', 'Internet software', 'Internet applications' and so on. Relatively strong concept sectors and their related core popular stocks.

Subsequently, under the attack of these bargain-hunting funds.

At 1:02, these relatively strong popular sectors and popular concepts rose instantly, including 'LeTV, Huayi Brothers, Guangguang Media, Lixun Precision, Anjie Technology, Xinwei Communications, Changying Precision' and so on. Stocks have been intensively attacked by large buying orders, and their stock prices have risen further.

At 1:05, LeTV's gains expanded to 2%, showing signs of rising momentum and leading the market to continue to break through.

At 1:09, the gains of many "Apple concept" stocks such as Lexun Precision, Xinwei Communications, OFILM Technology, Goertek, etc. also exceeded 2%.

At 1:12, the small and medium-sized index turned red and rose again, and the decline of the ChiNext index shrunk to less than 4%.

At 1:15, another core component stock of the GEM, Internet Speed ​​Technology, which belongs to the "Internet Software" sector, also surged into the red, and quickly broke through upward under the influence of multiple active buying orders.

At 1:19, the indexes of various industry sectors such as film and television media, electronic information, Internet applications, Internet software, and communication technology all turned red and rose from underwater, becoming the market's leading industry sector. At the same time, the entire market has also officially formed. 'Smartphone industry chain' and 'mobile Internet' are the core hot spots for speculation.

Of course, in this overall rebound trend in early afternoon trading.

The main lines of 'infrastructure', 'state-owned enterprise reform' and 'military industry', which are the leading sectors in the market, have basically shown little improvement, and the main funds in the field are still showing a continuous outflow trend.