Rebirth of the investment era

At 1:01, in just one minute, with the market's time-sharing energy concentrated and explosive, the Shanghai Stock Exchange Index rushed to the 2280 point mark, expanding the increase to more than 3%. At the same time, the Shenzhen Stock Exchange Index and the ChiNext Index rose. At this moment, it also crossed the 2% position simultaneously.

At 1:02, in the continuous explosion of extreme energy, various popular main lines in the two cities, as well as related popular concept stocks, were once again frantically robbed by new funds from all walks of life. Many people in the entire "big infrastructure" field In the industry sector, the total net inflow of major funds increased by nearly 300 million within one minute, reaching a net inflow of 3.6 billion.

At 1:03, the number of daily limit stocks in the two cities exceeded 67, of which the number of non-one-word daily limit stocks exceeded 50.

At 1:04, China Communications Construction Company pulled up and hit the plate in a straight line.

At 1:05, Huaguo Construction rose by more than 7%, and its intraday transaction volume exceeded 1.5 billion, ranking first in the two cities' transaction volume.

At 1:07, the A50 index rose by more than 3%, and heavyweight stocks showed a collective rise.

At 1:10, Huaguo Petroleum and China Commercial Bank, two stocks with a market value of trillions, further expanded their gains, reaching the 5% increase mark.

At 1:12, while the 'Internet Finance' concept sector has increased by more than 4%, the 'traditional finance' sector has begun to see significant changes. The entire market, with new incremental funds, has begun to move towards these sectors that are relatively lagging behind the market. The weaker sectors of the broader market followed suit.

At 1:15, there was a riot at CEFC Securities, a heavyweight stock of the brokerage.

At 1:16, CEFC Securities absorbed 600 million in funds in one minute, and the increase jumped from around 3% to around 4%.

At 1:17, under the riot at CEFC Securities, the entire brokerage sector began to move.

At 1:18, the brokerage sector index rose more than 2%.

At 1:19, the brokerage sector index rose by more than 5%, with Guangda Securities and Huaxin Securities rising from around flat to around 5%.

At 1:20, amid the extreme riots among brokerage firms, the Shanghai Stock Exchange Index reached an intraday high of 33 points.

However, this trend of driving up the market index by stimulating brokerage firms only lasted for a short moment and began to decline when the brokerage sector lacked the core hype logic and market imagination.

At 1:22, after the Shanghai Stock Index hit an intraday high of 33 points, the active capital groups in the entire market, as well as many profit-making investors, after seeing the brokerage riots and wildly devouring the market's incremental funds, followed the historical inertia , and began to sell chips subconsciously.

At 1:23, under the inertial selling of these short-term profit-making investors, the market trend began to fall.

At 1:25, the Shanghai Stock Index fell back to 69 points, narrowing its gains. The rioting brokerage sector even went out of the trend of pulse fluctuations. Huaxin Securities, a securities firm with absolute weight, rose even more in just two or three minutes. Within a day, from the intraday high of around 53%, it suddenly fell back to around 5%.

At 1:28, the Shanghai Stock Index continued to fall, falling below the 2280 point mark, and the brokerage sector also fell below the 2% mark.

At 1:30, the growth rate of the banking sector fell back. However, the 'military industry' sector suddenly made a sudden appearance amid the general decline in the entire market and continued to advance towards higher growth. Among them, 'China Airlines Mechanical and Electrical', a medium-sized company with a large circulation market, The stock market even had a straight-line trend.

"Hey, the trend of 'military industry' means that it is independent of the market trend. Especially the two stocks of the military industry system, 'China Airlines' and 'Hangfa', the trend is obviously much stronger. There are too obvious main forces. Signs of a funding attack.”

Seeing the unusual movement of 'Military Industry' bucking the trend, at 1:31, inside Yuhang and Yuhang Investment Company, in the main fund trading room, Li Meng, who was trying to keep an eye on the market, looked slightly surprised. He was surprised and reported to Su Yu: "Such a concentrated attack by main funds mainly occurred in the two military industry stocks of China Airlines and Aviation Development. It should be about the domestically produced large aircraft. Is there a new clear benefit?"

Su Yu nodded slightly and responded: "Mostly yes, but what we really value in laying out this main line is not just the imagination space of a 'domestic large aircraft' story. The main core of the story is 'military industry reform',' Stories such as "military industry restructuring," "military industry asset securitization," "military-civilian integration," and "national defense and military strengthening." Of course... the realization of these stories will still take time to materialize."

"Yeah!" Li Meng nodded, "To strengthen a country, you must first strengthen the army. At present, this tune seems to be repeated again and again, and IPO is open. The 'military asset securitization' path you mentioned is on the rise." In the general direction of building a strong army and a strong country, there is a high probability that there will be really good stories to tell.”

"This is inevitable!" Su Yu smiled and said, "Besides, the bear market focuses on quality, and the bull market focuses on momentum. Once the market situation really picks up, it will break away from the bottom area that everyone agrees on, and that is the main line of the market with great stories. , and its related conceptual fields, the space for speculation will be completely opened up, and it will also receive more attention and pursuit from various active financial groups. It is only a matter of time before the market breaks out."

"Then let's... just continue to wait?" Li Meng asked.

Su Yu nodded slightly and said: "Everything is ready, we just need Dongfeng. We have completed the layout of the 'military industry' line, and we just need to wait. I guess the waiting time will not be too long. "

"Mr. Su, after the pulse fluctuations in the securities sector, the market began to have certain problems." While Su Yu and Li Meng were talking, Wang Can, who had been observing the market trends, suddenly interrupted and reported, "I feel there is a strange movement in the securities sector. , not only failed to help the Shanghai Composite Index break through 2,300 points, but it intensified the short-term profit-making selling on the market. It was really as if all the funds ran away when the brokerage firms moved."

Su Yu looked at the Shanghai Stock Index, which had fallen back to around 2276 points, and the popular mainline-related sectors of the major markets that were almost in line with the Shanghai Stock Index. He responded: "It will be difficult for the brokerage sector before market investment confidence has completely recovered. There is continuous market performance, but... every time the index reaches a key position, there are always some funds that think they are smart, attacking this area, hoping to leverage the market and completely open up the market's long pattern."

"After all, 'brokerages' are the engine and vanguard of the bull market!" Li Meng responded with a smile, "If we want to completely reverse the market's investment confidence, it is really impossible without the market performance of this sector."

"Unfortunately, the timing is not right." Su Yu said, "The current volume of incremental funds in the market cannot support the breakthrough of the 'brokerage' sector, and on the macro level, there is no major good news to help stimulate, so... it is untimely. To stimulate securities companies, that is to waste the effective force of the bulls in the market."

"As soon as this huge suction vortex that swallows up the market's incremental funds and actively follows the trend appears."

"There will naturally be problems with the capacity of the market to absorb incremental funds."

"As soon as the market's ability to take over is weak, some short-term funds that have already made profits, after realizing that the market is showing signs of weakening, can they not sell to take profits?"

"With the pull of the brokerage, it will be difficult for the Shanghai Composite Index to break through 2,300 points today, right?" Li Meng stared at the market and said with a smile, "It seems that at this position, some of the short-term profits made by speculation in the past two days have to be wiped out. Only then can we make an effective breakthrough again.”

Su Yu nodded slightly and said, "Indeed, the market has been pulled too fast. Once profit margins are lifted, the upward pressure becomes greater."

"Will you go back to 2200 points?" Liu Yuan also asked subconsciously after hearing the conversation between the two.

Su Yu turned his head and glanced at Liu Yuan, without answering directly, but asked: "What do you think?"

Liu Yuan thought carefully for a moment and responded: "I think it shouldn't be the case. The market has been rapidly pulling up in the past two days, causing the bottom to be washed out, or there are many investors who are short. Now that the market has pulled up, the bottom chips , it is very precious. The main institutions that have already made profits should not allow the index to fall back to the support position of 2200 points, so that the majority of retail investors who are regretting their short positions and bottom-out positions can safely get on the train again."

"Actually, the market trend shows..."

Liu Yuan paused and then said: "The stronger the common expectations of an important point, the more often that important point will not develop as expected."

"Just like this afternoon, everyone expected the index to break through 2,300 points."

"As a result, the index was stuck near 2280 points, and it encountered obvious market pressure and could not go up."

"Then, when everyone expects that the index will undergo a short-term shock correction and further step back to the 2200-point support level to confirm the reversal, I estimate that there is a high probability that this position will not be reached."

"Let's go sideways..."

"I think there is a high probability that the index will fluctuate sideways within the physical range of the big positive line today."

“Then, the short-term profit-taking orders for bottom-buying speculation in the past two days were almost out, and the pressure from above continued to reduce. At the same time, under the brewing emotions, potential buyers who wanted to increase their positions near 2200 lost their patience and had to chase higher. When entering, the index should have the opportunity to continue to rise and break through 2,300 points without any obstacles."

"Actually..."

Liu Yuan thought for a moment and then said: "It would be better if the Shanghai Stock Index does not break through 2300 points rashly, but it would be better to fluctuate between 2200 and 2300 points. This will help to form a chip peak between 2200 and 2300 points and reduce the short-term risk." The accumulation of profit-taking can also make the market investment sentiment brew deeper."

After listening to Liu Yuan's analysis, Su Yu nodded slightly and said: "The analysis is good. Indeed, too eager an upward attack is not conducive to the medium and long-term trend of the market. At this line between 2200 points and 2300 points, the chips The more hands are changed, the stronger the future support of this support line will be, and the stronger the index's subsequent rebound will be expected. If the attack is too hasty at this time, profits will accumulate quickly, coupled with market investment sentiment There is no in-depth fermentation, and the funds attracted to follow the trend are limited. After the index rebounds rapidly, when the accumulated profit orders are quickly taken out, the index will most likely have to fall back to the 2200-2300 line to re-consolidate. .”

"So, the pulse fluctuation of the brokerage is not a help?" Wang Can felt that his thinking logic was a bit out of tune, so he clicked his tongue and said.

Su Yu smiled and responded: "Everything has two sides, it just depends on which angle you look at it. Short-term speculative funds in the market, such as retail investors and some hot money groups who speculate on short-term speculation, must hope that the Shanghai Stock Exchange Index will rebound quickly, which will further enhance the money-making effect. Expansion will make it easier for them to earn more profits, and investors who are short-term, or investors whose positions were washed out by stop-loss at the bottom, must hope that the Shanghai Stock Index will slow down to give them more reaction time and opportunities."

"It should be a good thing for us..." Liu Yuan smiled and said, "Expectations that are too consistent will quickly accumulate excessive profits, so the market will often not go far, and there will only be continuous Only when there is a change of hands and slight disagreement and hesitation on the market can the market continue further and higher.”

"The line of 'big infrastructure' will be established after we pass the 'Fortune Road' seat."

"Judging from the surface, it is indeed a bit too hot."

“If we can take advantage of the short-term correction and recuperation of the index and the sentiment of this line to fall back a little, so that the chips can change hands more fully, it will obviously be better.”

"It seems I'm just worried." Wang Can felt relieved after hearing Liu Yuan's words.

At the same time, he turned his head and looked at the girl, and he couldn't help but feel a little bit of envy and admiration in his heart.

He has been in the company longer than Liu Yuan, and he was also taught step by step by Su Yu and fed him bit by bit with trading funds. However, the difference in his knowledge of the market and his talent for analysis is not even a small difference. .

"It's not just a worry." Liu Yuan said with a smile, "This main force of funds in the brokerage sector has indeed had an adverse impact on the current market trend."

After saying that, she turned her attention back to the trading boards of the two markets.

At this time, the market trading time has reached around 1:45. After the impact of the pulse fluctuations of the 'brokerage' sector, the two cities have fallen back to near the position when the market opened in the afternoon. Several major indexes have also swallowed up the positions after the market opened in the afternoon. All the gains have left a diving trend of rising and falling on the market.

Subsequently, when the Shanghai Stock Index re-touched the 2270-point mark, the profit-making selling pressure from the two cities began to ease again.

At 1:49, the Shanghai Stock Index turned upward again on the time-sharing chart.

At 1:55, the Shanghai Stock Index regained 2,275 points, and the increase once again expanded to more than 2%.

At 2:02, Huaguo Construction's intraday turnover exceeded the 2.5 billion mark, and at the same time, the intraday increase returned to the intraday high again.

At 2:12, the Shanghai Stock Index, which had soared, encountered strong selling pressure again near 2280 points.

At 2:13, the Shanghai Stock Index fluctuated and fell back. The overall market situation of the two cities, whether it was the relatively high main line fields of 'big infrastructure', 'military industry', and 'Internet finance', or the relatively low and weak 'coal' and 'non-ferrous metals' , 'traditional finance' fields, all began to stabilize and fell into a state of sideways fluctuations.

At 2:15, the time-sharing energy of the two cities began to decline significantly. On the market, active selling and buying were not very active. The selling side felt that the index might hit 2300 points and wanted to sell higher. One point, and the buyer, after seeing that the Shanghai Stock Exchange Index was blocked at 2280 points twice during the session, felt that the index might pull back a little, and wanted to buy at a slightly lower price.

Later, under this wait-and-see mood.

For almost half an hour, the Shanghai Stock Index has been trading sideways within an amplitude range of almost 5% from 2270 to 2280 points.

Until 2:45 comes...

When market trading time enters the last 15 minutes.

Seeing that the Shanghai Stock Index is still fluctuating between 2270 and 2280 points, the funds on the market that had hesitated before to take short-term profit orders already understood that the hope of the Shanghai Stock Index quickly breaking through 2300 points was slim, so they couldn't help but start to rush away and concentrate on the market. The operation of selling to take profit.

And as some short-term profit-making orders were sold to take profits in the late trading stage.

The long-short situation that had been in a stalemate on the two markets finally changed again.

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