Chapter 399 The Undercurrent of Bad News!
After closing at noon, we faced such market trends.
The vast investor group, those who are excited and excited, still account for the majority. After all, the index has had eight consecutive positive days before, and it can continue to rise today, which is a strong performance. Of course... during this period, there are also very few investments. The investor group began to realize that the market trend seemed to be declining.
However, at noon, the positive news from the market quickly lifted the market's bullish sentiment, which had dropped slightly, again, alleviating the worries of a small number of investment groups.
According to market news...
Regulators stated that they will strengthen the construction of the domestic financial market in accordance with the "Nine Articles of the New Country" guidance, provide more channels for funds to enter the market, and encourage more long-term investment funds such as insurance, trusts, corporate annuities, and pensions to actively enter the market, and improve Delisting system.
With such good news, the market reopened at 1 p.m.
Several major indexes and many popular stocks were seen rising rapidly, and the entire market ushered in a relatively fierce wave of fund-raising activities.
However, this intensive fundraising did not last long.
At 1:08, after hitting the highest point of 2461.29, the Shanghai Stock Index fluctuated and fell again. The market, which had generally risen, except for the two core main lines of 'infrastructure' and 'state-owned enterprise reform', also followed the index. The price fluctuated downwards and weakened again.
At 1:20, the Shanghai Stock Index fell back to around 2450 points. The good news at noon did not really change the market trend and further stimulated the market.
At 1:30, the Shanghai Stock Index fully recovered all the gains stimulated by the good news in the afternoon, and once again fell into a volatile situation between 2440 and 2450 points. At the same time... the large number of buying orders that were actively pursued in the afternoon due to the good news began to ebb significantly, and the main funds in the market The flow is also further concentrated in the fields of 'infrastructure' and 'state-owned enterprise reform'.
At 1:45, major financial sectors such as 'securities, banks, and insurance' that fluctuated in pulses turned green again.
At 1:55, in the two main areas of 'infrastructure' and 'state-owned enterprise reform', there is also a relatively obvious differentiation trend. The core popular stocks are getting stronger and stronger, and the non-popular concept stocks have begun to gradually increase their volume and sell orders. Gradually increasing, there are obvious signs of falling from the high level.
At 2:02, the Shanghai stock market's Sanmao, which originally had its daily limit closed, experienced a concentrated increase in volume. The daily limit was opened, and the stock price fell rapidly. The long and short differences on the market also amplified in an instant. Moreover, due to the bad trend signal of the Shanghai Stock Exchange's Sanmao, 'Shanghai Sanmao' A large number of popular stocks such as Municipal Construction Engineering, Shibei High-tech, Beijiang Communications Construction, and Beixin Road and Bridge' also began to show slight signs of heavy volume on the market, and the chip structure on the market became loose.
At 2:10, when a number of concept sectors such as 'big finance, military industry, consumption, and cycle' gradually fell back, the Shanghai Stock Index retreated below the 2440 point mark and returned to below the morning opening position. At the same time, the K-line chart above, leaving a cross shadow with a long upper shadow.
At 2:20, the Shanghai Index fell back to the 2435 first-line position. At the same time, the time-sharing volume of the two cities was further reduced, the trading volume became lighter, and the differentiation and layering of the market conditions became more and more obvious. The entire market , the active funds outside the market are further converging on the small-scale popular stock areas with the most profit and the hottest sentiment in the two major fields of 'infrastructure' and 'state-owned enterprise reform'.
At 2:30, after the continuous time-sharing shrinkage, major follow-up funds began to increase their positions again and boost some concept stocks that had fallen significantly in the fields of 'infrastructure' and 'state-owned enterprise reform', thus driving the index back to 2440. The points are on the line, maintaining a strong state of shock.
"Except for the fields of 'infrastructure' and 'state-owned enterprise reform', there are still few opportunities in other directions!"
Seeing that the time has moved to 2:30, the hot spots in the two cities still remain in the two main areas of 'infrastructure' and 'state-owned enterprise reform', and the market differentiation trend is relatively obvious. At this moment, Su Yu is located Within the main group of Yuhang Hot Capital, someone said with some worry: "I feel that with the current position of the two main lines of 'infrastructure' and 'state-owned enterprise reform', the investor group that dares to follow the trend at this stage is declining rapidly. The market volume Whether it can be further released, sellers on the market and buyers outside the market have begun to fall into a wait-and-see attitude. "
"Indeed, looking at market indexes and market trends, it is obvious that the market's wait-and-see sentiment has begun to become stronger."
"Market confidence is not as strong as expected. The two main lines of 'infrastructure' and 'state-owned enterprise reform' have begun to significantly weaken at this position."
"Active buying is declining, but passive acceptance is still quite strong."
"Yes, as long as the index drops slightly, the buying volume of high-quality core stocks in the two major fields of 'infrastructure' and 'state-owned enterprise reform' will be triggered instantly as soon as the stock prices drop slightly. This proves that everyone has a strong understanding of the market conditions of these two main lines. Although the sentiment of chasing prices is weakening, the logic of firm optimism has not changed. Everyone... just wants cheaper chips. "
"There are no other low-level mainline concept market trends, which will cause a run on funds for the two core mainline market trends of 'infrastructure' and 'state-owned enterprise reform'. Then...as long as the core investment logic and future expectations of these two mainlines are still there, after a short period of shock, , all kinds of funds that can’t get cheap chips will still follow up.”
"Although the market conditions, on the surface, seem to be somewhat differentiated, under the pattern of increasing volume when falling and shrinking when rising, the problem is not big."
"Many popular and leading probability stocks can obviously still go up."
"Although the overall net inflow of funds is slowing down, it is still continuing to flow in."
"According to this market trend, even if the market enters a possible adjustment stage, the core popular stock areas of the two main lines of 'infrastructure' and 'state-owned enterprise reform' are also the areas with the most liquidity and the least risk."
"The two core themes of 'infrastructure' and 'state-owned enterprise reform' have attracted a very large amount of funds in the past half month, right? Such huge funds are heavily invested here, and the news is constantly good. Although the wait-and-see mood has increased, the bulls are still in good shape. There is a high probability that this will not be a selling point, but a stage to continue holding positions.”
"The Shanghai Stock Exchange Index is only one breath away from the 2,500-point mark, almost 3% away. This breath... has reached here, why should it be raised?"
"Well, from the perspective of sentiment and expectations, the 2,500-point mark is the consensus target for everyone."
"Even if you want to sell, you have to wait until the index hits 2,500 points."
"Looking at the trend of Beixin Road and Bridge, Mr. Su is definitely still locking up positions today. If the trend of this weathervane stock continues, then the risk of a sudden turn in the market is not great. Keep locking up positions. I will also give the big picture a try."
"However, the good news at noon today really did not have much reaction on the market!"
"It is based on the addition of the 'Nine Articles of the New Country'. In fact, it is not good news beyond expectations. The market reaction is limited, which is understandable."
"As long as the two main lines of 'infrastructure' and 'state-owned enterprise reform' are still the core of the market, you can continue to hold shares and continue to make trading around these two main lines. However, today's market is becoming more and more popular. Stocks tend to be concentrated.”
"The stock price is relatively high. Under such circumstances, it is normal for funds to converge in areas with better profit-making effects, higher popularity, and greater liquidity, right?"
"Well, it's normal, but it also shows that there are hidden worries in terms of market volume and energy!"
"No market situation can happen overnight. I think the current market volume is at a normal level."
"Everything is still determined by the money-making effect of the market. As long as these core popular stocks can continue to open up room for speculation, other stocks will naturally follow up quickly after a short adjustment. After all, as long as the money-making effect is there, they will continue to chase higher. The funds received will continue to flow.”
"The index has been rising for eight consecutive days. Even if it is slightly adjusted today, it is understandable."
"Just keep doing it and it's over. At this time, the index breakthrough is imminent, so we can't be timid."
"The Shanghai Stock Index is so close to the 2,500 point mark, and with such strong expectations in the entire market, even if it cannot truly break through completely, the concept of touching it is huge. As long as there are expectations for the index to rise, then as the core popular main line supporting the index "In the two core main areas of 'infrastructure' and 'state-owned enterprise reform', especially the high-quality and popular stocks in these two areas, there will definitely be greater opportunities for speculation."
"I agree, and the top is often reached by heavy volume at a high level. Volume shrinks during the rise, which proves that the chip structure on the market is still good, and there is a high probability that it can continue to rise."
"Hey, I hope that at this time, the market will continue to see a wave of relatively large divergences."
"Me too. After all, yesterday's wave of shock and divergence caused me to hesitate for a moment. The buying position was completely insufficient and I didn't make any money at all."
"However, if Beixin Road and Bridge and Beijiang Communications Construction suddenly explode and have differences at this time, how many people will dare to buy?"
"As long as Mr. Su continues to lock up positions, what is there to be afraid of?"
"Hehe...these two checks were really explosive, so I filled up my position directly. The expectations and emotions were still there. Everything I looked at inside and outside the market was good, and there was no one else in the market who had the ability to continue to make money." The main line of effect is to divert attention and funds from the two main lines of 'infrastructure' and 'state-owned enterprise reform'. What is there to dare not to do? In the current emotional and expected environment, these two checks are obviously not at their peak! "
"One word and it's over!"
"In this wave, we have to wait until 2,500 points before reducing positions. I don't believe it. With such strong market expectations, the Shanghai Stock Index cannot even rise within the 3% range!"
"I hope to see Mr. Su continue to lock up positions today."
The news in the group was refreshing rapidly, and hot money people were discussing intensely.
Unknowingly, the market trading time has passed 3 o'clock in the afternoon, and the rapidly beating disks of the two cities have stopped.
After all-day trading, the Shanghai Stock Exchange Index finally settled at 2437.63, slightly lower than the opening position, up 0.34%. The Shenzhen Stock Exchange Index and the ChiNext Index rose 0.21% and 0.18% respectively, basically remaining flat. The two cities had a total trading volume. 125.326 billion, a slight decrease compared with yesterday.
Although several major indexes closed in the red.
However, compared with the high opening range at the opening, it is a significant downward trend. That is, on the daily K-line charts of several major indexes, there is a negative trend with a shadow line. The eight consecutive positive trends have stopped and the ninth consecutive positive trend has not been achieved. Yang's trend record, overall...this trend is slightly lower than the general expectations of the majority of investors in the market.
In addition to the performance of several major indexes...
Market industry sectors, concept sectors, and individual stocks.
The absolute core of the two markets, that is, the areas with the hottest money-making effect, are still the two main lines of "infrastructure" and "state-owned enterprise reform". The rest of the fields of "finance, cycle, consumption, medicine", and the "growth stocks" in the direction of the SME board and the GEM, although a few stocks have also performed well, the overall money-making effect, as well as the bullish sentiment and popularity effect, are far inferior to the two core main lines of "infrastructure" and "state-owned enterprise reform".
Of course, in the two core main lines of "infrastructure" and "state-owned enterprise reform".
There is also a certain differentiation in the market.
That is, many stocks in the main line areas that have risen a lot before and are at a relatively high level in the market, but the concept is not so pure and the fundamentals are not so good, today's trend shows obvious signs of weakness, the market is slightly larger than yesterday, and both the active and passive buying orders are insufficient.
On the contrary, a group of popular and hot stocks with pure concepts, excellent fundamentals, and strong future expectations and imagination space, such as "China Construction, China Construction, China Metallurgical, China Railway Construction, China South Locomotive, China North Locomotive, China Communications Construction" and other value blue-chip stocks, as well as "Beixin Road and Bridge, Shanghai Construction Engineering, North Xinjiang Communications Construction, China Fortune Land Development, Kumho Group, Bayi Steel, Huaxin Cement" and other hot concept stocks, are still as powerful as ever, showing a trend of continuous surge, and the performance of the buying funds from all sides is also extremely strong.
In short, the market trend of "the strong get stronger and the weak get weaker".
In today's market trend performance, it can be said to be fully demonstrated, and at the same time, it also allows the market's large number of retail investors to begin to further pursue and increase their positions in the hot concept field and hot stock field.
Faced with such a closing situation, the majority of investors in the market, although some people are indeed a little disappointed, are still quite optimistic as a whole, and continue to maintain extremely high expectations and passion for the future market, especially in the afternoon when the Dragon and Tiger List was announced. Everyone saw that Su Yu's two major seats, "Fortune Road" and "Fusheng Road", continued to lock positions, and this expectation and passion in their hearts became even higher.
However, in places that the majority of investors cannot see, the undercurrent of negative factors has begun to surge.
That is, within the regulatory level, the meeting and discussion on the restart of the market IPO has officially begun under the repeated requests and urging of the leaders.