Chapter 482 Market Divergence, Bulls and Bears Intertwined!

"Hey, the market conditions are divided!"

At 11:10, inside Zexi Investment Company in Shanghai, Zhou Kan was slightly surprised when he observed obvious signs of differentiation in the market and said: "The active funds in the market have begun to concentrate on popular mainline concept stocks in mid- and small-caps. , while at the same time, the index moved sideways, and other markets The selling pressure on individual stocks is gradually becoming heavier, and the overall trend is becoming more and more differentiated and torn apart. This should explain that there are obvious differences among the various funds in the market. It also shows that the new incremental funds at this stage are still there. It’s far from enough to support the board’s strong offensive, right?”

"That's almost it!" Next to Zhou Kan, Xu Xiang, who was also watching the changes in the market prices of the two markets, nodded slightly and responded, "With this kind of trend, it will probably dive in the afternoon."

When Zhou Kan heard this, he couldn't help coughing lightly and said, "Then some of the new positions we bought today will be temporarily buried by the market again?"

Xu Xiang smiled and continued to respond: "It doesn't matter, this morning the index did not take advantage of the explosion of the 'military industry' line to surge upward. In other words... it did not forcefully hit the 2300 point mark, so the market was firm The bullish power has not been exhausted in a short period of time and has a certain ability to take over. In this way... even if the differences in the market intensify and the selling power increases in the afternoon, the index will not fall deeply. "

"I guess..."

Xu Xiang pondered for a moment, then continued: "Down to the morning opening position near 2260 points, the market's acceptance force will regain a relative balance with the selling force."

"Around 2260?" Zhou Kan pondered for a while and said, "This position does not seem to have any strong support effect, and once the market offensive is exhausted, according to the general expectations of market investors, only the Shanghai Index will return to the Stepping on the support of 2200 points and once again confirming the bottom characteristics of 2200 points, I feel that the majority of investors in the market will abandon their doubts, reaffirm their thoughts, and enter the market on a large scale to follow the trend! "

Xu Xiang smiled and said: "The core main funds in the active market should generally enter the market on a large scale at this time. In other words, the core high-quality chips in the market at this moment have fallen into the hands of some smart main institutions that are quick to act. Here, the core main line of the market has also come out, and the market trend has become more clear. "

"In this case..."

"Do you think these major institutions that have already obtained the bargaining chips, or the major financial players like the 'Yu Hang Group', will easily spit out the obtained chips?"

"In other words, they will continue to sell orders and let the index fall back to 2,200 points."

“Are we going to let the vast retail investors and some belated institutional groups that didn’t have time to get on the bus get on the bus again at the bottom?”

"Analysis from market chip structure..."

"This is a small shock. The core major institutions that have entered the market will definitely not kill on a large scale."

“In a sense, it can also be understood that this is a cleansing of the chip structure, a benign washout of shock trends. The purpose is to wash out the unstable chips that make short-term profits, so that this market trend of continuous rebound will continue. , can walk relatively easily.”

"So, the index you mentioned fell back to 2,200 points, reaffirming this trend at the bottom."

"There is a high probability that it will not happen."

"If there is a big change in the market and the Shanghai Stock Index really drops back to 2,200 points, then..."

Xu Xiang paused for a while, and then continued: "At that time, it means that the entire fundamental situation of the market and the overall macroeconomic expectations have completely deteriorated. Not only is it not an opportunity to increase positions, it is very likely that it will be the end of reducing positions. Loss of opportunity to escape.”

"Mr. Xu means..." Zhou Kan listened to Xu Xiang's analysis, pondered for a moment, and responded, "If the market wants to continue to open up space for rebound and growth and maintain the overall market investment sentiment, then at this position, Can we only maintain a strong shock pattern?”

"The same thing...if the index maintains a strong shock pattern here."

"Does this mean that the subsequent index will definitely continue to rise, break through 2,300 points without any hindrance, and even expand upward to a higher space?"

"Yes!" Xu Xiang nodded and said firmly, "If the index can maintain strong fluctuations at this position, especially if it maintains a straight upward fluctuation at 2250 points, then the short-term profit taking in this wave of market will be roughly cleared. , the Shanghai Index is at 2,300 points, it’s really a bargain.”

"So, we don't have to rush or worry too much at this time."

"As long as the Shanghai Stock Index can remain above 2250 points, whether it rises or falls in today's session will not change the original chip structure and trend direction of the market, and naturally it will not bring much risk to our positions. Furthermore... trading in the market is inherently risky and rewarding. Since we have made trading decisions in important directions before, there is no need to look forward and backward at this moment.”

"Take a long-term view. After all, whether it is stocks or the stock market, the market trends are based on the future, not the present."

"Understood!" Zhou Kan nodded seriously after hearing Xu Xiang's words.

Then, he stopped talking and turned his eyes back to the fierce market of the two markets.

During the brief conversation and analysis between the two of them, the market trading time had moved to 11:20. At the same time, the Shanghai Stock Exchange Index had once again fallen back to around the 2265 point from the highest point in the session, maintaining a slightly red state. .

As for the industry sectors, concept sectors, and related popular stocks in the two cities.

At this time, the 'military industry' industry sector and its associated concept sectors are still performing very strongly. They can be said to be the leading ones in the growth lists of industry sectors and concept sectors in the two cities. Among them, the entire Among the component stocks in the main line of "military industry", the daily limit has reached 6 stocks. In particular, the "China Airlines" stocks have not increased by less than 7%.

The main line area of ​​‘big infrastructure’.

The real estate sector fell slightly, the two major industry sectors of construction decoration and building materials continued to fluctuate sideways, and the steel industry sector index fell back quickly. It is the related sector with the most obvious ebb of main funds in the field of 'big infrastructure', but in these few days All major industry sectors are gradually moving into weakness, and when selling increases sharply...

The two major industry sectors of machinery and equipment and public transportation belong to the "big infrastructure" field.

However, it has shown a trend of strengthening against the trend. Not only did it not follow the trend of the real estate, building decoration, building materials, and steel sector indexes, but it also rose a lot during the index correction, and the main capital inflows were net. The performance is also relatively good.

As for the weak main lines of the two cities, which are relatively weak or have heavy selling pressure.

The two main areas such as 'mobile Internet' and 'smartphone industry chain', as well as the main areas of metals and energy such as 'traditional finance', 'non-ferrous metals', 'coal' and 'petrochemicals', are relatively weaker than the market. , with the correction of the index, they have all fallen back a lot. Among them, the main funds have severely sold off related component stocks. At this moment, they have even fallen to near the intraday low set previously, and there are strong signs of continuing to hit new intraday lows.

Generally speaking, the market differentiation trend is becoming more and more obvious.

As the Shanghai Stock Index continues to rise, it is facing increasingly difficult selling pressure.

At 11:21, while the Shanghai Composite Index was still fluctuating around the 2265 point, the Shenzhen Stock Exchange Index, ChiNext Index, and the Small and Medium Enterprises Index all fell underwater again. Among them, the intraday decline of the Small and Medium Enterprises Index was even greater. It once again exceeded 0.5%, approaching the low opening position at the opening.

At 11:25, Lexun Precision fell sharply, and the decline in the "Apple Concept" sector index of the entire market expanded to more than 2.8%.

At 11:27, the Shanghai Stock Index turned green and fell below 2264 points.

At 11:28, throughout the morning, the momentum continued to break upward, and the main line of the 'military industry' sector, which had already increased by more than 3% in the industry sector index, also began to show signs of shock and decline.

At 11:29, MCC's trading volume reached the level of 800 million, and the market was extremely divided between long and short. At the same time, the market increase also fell from the highest level of 4.56% to about 2%.

Finally, 11:30 arrived.

The Shanghai Stock Exchange index was set at 2263.43 points, down 0.08%, while the Shenzhen Stock Exchange Index and ChiNext Index fell 0.27% and 0.41% respectively. After experiencing violent intraday fluctuations, several major indexes still ended in decline at midday closing time. After closing, it gave up all the intraday gains and failed to continue the independent trend of holding high and hitting high as it did the day before yesterday.

Faced with such a midday closing result...

The investor group of the entire market, especially the vast retail investor group gathered in the discussion area of ​​the trading platform and the comment area of ​​the stock investment forum, is somewhat disappointed compared to the early trading, or in the morning intraday time.

"Hey, I still haven't been able to break through yesterday's intraday high. I feel like it's so difficult to break through the 2,300-point line of the Shanghai Composite Index?"

In the discussion forum of the stock trading platform, some retail investors lamented helplessly.

“It’s not that the 2,300-point line is difficult to break through, it’s because the external trend is too bad and the Shanghai Index lacks upward momentum!”

"Also, there was too much intraday selling and too much divergence today."

"The trend of the external market, coupled with the heavy accumulation of short-term profit-taking chips in the market, it is surprising that the Shanghai Stock Exchange Index can exceed 2,300 points at this time."

"Although today's trend is not as strong as yesterday and the day before yesterday, it is not bad to be able to maintain a sideways trend at this position, right?"

"Compared with the external market trends, it is definitely good."

"But comparing the trend of the previous two days, it's really almost meaningless."

"But today the 'military industry' line has come out, and it's going really strong."

"Yes, overall, the index trend is somewhat unsatisfactory, but the performance of the short-term speculation market is not much different from the previous two days."

"Not only is there not much difference, it's even more popular than the previous two days, okay?"

"It's not more popular, but it's more concentrated. Have you noticed? The market hype is increasingly concentrated on the two lines of 'big infrastructure' and 'military industry.'"

"Nonsense, the market as a whole is weak, so funds must be concentrated in areas with the best money-making effects!"

"But it also shows that the market has a good money-making effect, doesn't it?"

"Well, there are still a few stocks that hit the third board today, and behind the leading stocks on the third board, there are many followers. This shows that the money-making effect of the two lines of "big infrastructure" and "military industry" is quite continuous. In fact... you can still continue to follow the trend appropriately."

"Indeed, the overall money-making effect of the market has not decreased, but some weak sectors are in a bad situation."

"It is obvious that the weak sectors in today's trading are accelerating the bottoming trend. I think the trend of the index this morning is not very good, but the overall market is definitely developing in a good direction. I just don't understand why the intraday divergence today is so large. Under the leadership of the main line of "military industry", the Shanghai Composite Index has made two rapid attacks, but it has not been able to break through the intraday high set yesterday, even 2280 Points, none of them succeeded to stand on them. "

"It took only two or three trading days for the index to bottom out below 2200 points and then rebound violently? In such a short trading time, the market investment sentiment has not fully fermented. The current active funds in the market are still mainly the original stock funds, and there are not many incremental funds. After the consumption in the first two days, the active long funds have almost been consumed. Now there are many short-term profit-taking orders. Seeing that the external market trend is not good, the idea of ​​stopping profit and exiting is naturally unstoppable. After the consumption in the first two days, the remaining active long funds cannot support the market when the incremental funds cannot keep up, and cannot support the index to continue to break upward. It is also normal. "

"Yes, the analysis is thorough. This should be the reason why the index is difficult to move here. ”

“It’s not a bad thing to take a short break.”

“I also think that a short break is not a bad thing. The external trend is so bad, but the Shanghai Composite Index can still maintain strong intraday fluctuations. This shows that the market rebound can continue. It also shows that the Shanghai Composite Index has been able to get rid of the influence of the external market and develop an independent trend.”

“Let’s see how the market will go in the afternoon!”

“If the market trend in the afternoon can keep the Shanghai Composite Index fluctuating around this position, I think it’s not bad.”

“To be honest, I don’t ask for a big rise today. As long as there is no big drop, it’s a profit.”

“It makes sense, it makes sense, no drop is a profit, this is really a good thing. As long as the index can stabilize here, the subsequent 2,300 points will definitely be able to break through.”

“As long as Mr. Su’s ‘ The main fund of the Yuhang system will continue to lock positions in the core main lines of "big infrastructure", "military industry", and "Internet finance". At the same time, if there is no sudden major negative news on the market, the Shanghai Composite Index will definitely break through 2,300 points in the future. Of course... our requirements are not just the 2,300-point mark, 2,400 points and 2,500 points are our goals. "

"Based on the volume of the core main lines of "military industry", "big infrastructure", and "Internet finance" today, the funds of the Yuhang system are definitely still locked. In other words... Mr. Su is not afraid of such a large amount of funds, so what are we afraid of? "

"Continue to be bullish, continue to be bullish..."

"Anyway, below 2,300 points, I will never reduce my position. "

"What I sold during the trading session today must be bought back at a high price later. Just wait and see... The bears who are afraid and bearish at this time will not have a good end. ”

“Hey, if the index falls, individual stocks will be easier to buy.”

“I’ve been jealous of many popular leading stocks before, and this fall... is a good time to buy.”

“Haha, indeed, I finally got the chance!”

In the comments and topic discussions of many retail investors, although many retail investors are not so satisfied with the market trend this morning, and even feel a little disappointed, but overall, the market’s bullish investment sentiment, supported by the unabated short-term speculation and money-making effect, has not declined, but is still spreading and fermenting among many potential investor groups outside the market, while creating more incremental funds to enter the market.

And just when this kind of emotions are intertwined, bulls and bears start to call each other fools.

After a 1.5-hour break at noon, the market once again ushered in the afternoon opening time.