Chapter 520: The Battle for Market Dominance (Part 9)!

"Suffering the consequences?" Zhou Kan was slightly startled and said subconsciously, "Isn't it true? Looking at the market performance, hot spots and emotional reactions, they are still on the line of 'concept growth stocks' on the small and medium-sized boards and GEM. Even in the early popular main areas of 'infrastructure', 'military industry' and 'Internet finance' where the market sentiment is not that bad today, the ones with strong market trends are also a number of small and medium-cap concept stocks. "

"It also depends on the degree of involvement of various funds in these small and medium-cap concept stocks, as well as the intensity of retail investors following suit."

"I'm afraid this market trend will continue for some time."

“Since the market trend in this direction still has continuity, then it is not a big problem to guide the market so hard and attract follow-up funds to continue to gather in this direction, right?

"that is……"

Zhou Kan paused, smiled softly, and continued: "Such a deal is a bit too expensive."

When Xu Xiang heard Zhou Kan's words, he smiled slightly, but disagreed, and responded: "As traders, in all market trends, all our operating strategies must make the best use of the situation, which means we must follow the trend. Do it according to the evolution of the market itself, otherwise... you will eventually be overwhelmed by the trend of the market. "

"And in the current market..."

"Although the emotional hot spots are still on the front line of 'concept growth stocks' on the small and medium-sized board and GEM."

"But after this line has accumulated enough short-term profits in the short term and created a certain space, it has entered the stage of realizing short-term speculation expectations."

"In other words, analyze according to the chip structure on the field."

"This line has reached a point of divergence in the short-term market trend."

"At the supposed divergence point of the market, by spending a huge amount of money to forcefully pull the market to stabilize the market and the funds to follow the trend, although the strong state of the market can be maintained in a short period of time, the chip structure itself has not changed at all. On the contrary, This increases the profit-making chips on the short-term market, and if these profit-making chips are not released on a large scale, the upward pressure on this line will become stronger and stronger."

"At the same time, due to the impact of this capital intervention on stock liquidity."

“After this fund is too deeply involved, it will inevitably be the dominant player on the market. In such a situation... amid the emotional hype of concept stocks, other hot money or institutional main funds that were originally interested want to follow up. We are also worried about the other party’s sudden market crash and strong control of the market, so this stock with too much capital involvement may appear to be strong, but in fact, there are huge problems in its follow-up.”

"However, looking back at the early market main lines of 'infrastructure', 'military industry' and 'Internet finance'."

"Although these lines are not currently going strong, their internal chip structure, after two days of changes in hands, the short-term floating profit chips have almost been released. In other words, compared with 'Film and Television' "Media', 'Internet applications', and 'Internet software' are the main lines in the so-called 'concept growth stocks' field. The potential upward pressure on these lines is much smaller."

"When we make transactions, we judge the strength and weakness of the market and the direction of the wind."

"The most important thing is not the present, but the future."

At this point, Xu Xiang paused and pondered for a moment, and then continued: "That's why I said that the other party's trading method of guiding the market was obviously a little too hasty. Facing the opponent's funds, it was the 'Yuhang system' In this case, you might just shoot yourself in the foot.”

After listening to Xu Xiang's analysis, Zhou Kan thought about it carefully for a while, and finally understood the logical relationship. At the same time, he secretly admired Xu Xiang's ability to interpret the board, so he paused and responded: "In this way ...The more the "conceptual growth stocks" line of the Small and Medium-sized Board and the GEM board refuse to adjust and forcefully open up space, the more it means that the time for the market's hot spots to turn is getting closer? "

"Yes!" Xu Xiang nodded, "As the so-called profit leads to loss, the 'concept growth stocks' line of small and medium-sized board and GEM are originally following the route of emotional speculation. Under this logic, the impact of the chip structure on the market is , becomes a factor that cannot be ignored, not to mention..."

Xu Xiang smiled and continued: "In the early popular main directions such as 'infrastructure', 'military industry', and 'Internet finance', there is also the 'Yu Hang Group', a major institution with huge financial strength, which has been protecting the market. Guide the flow of funds from all parties in the market to these early popular main lines.”

"Once the main institutional funds that forcibly boost the 'concept growth stocks' line of small and medium-sized boards and GEM are out of stock and cannot continue to strongly support the market, then the differentiation trend of the 'concept growth stocks' line will rapidly expand. , causing the disk of this line to go to the other extreme.”

"Moreover, as the market trading time goes by, and the subsequent evolution of the entire market."

"As the internal short-term profit taking of the 'conceptual growth stocks' line becomes heavier and heavier, the upward pressure becomes greater and greater. The main funds that dominate the 'conceptual growth stocks' line are facing a situation that is also will become more and more passive.”

"Is there no chance for the market to form consistent expectations on the 'conceptual growth stocks' line?" After hearing Xu Xiang continue to analyze the market, Zhou Kan thought for a while and asked, "If the majority of the market's investor groups agree with this direction According to the medium and long-term investment logic, even if the short-term profit accumulation of this line is huge, it should be able to be slowly digested by the changing hands as the follow-up funds gradually enter!”

"As long as these huge free chips for short-term profits are cleared on the market."

"As for the 'conceptual growth stocks' line, even if there is no large-scale correction, it can still complete the chip cleansing through continued huge increase in strong breakthroughs and reassemble a stable chip structure."

Xu Xiang responded: "Although overall, the market value of the 'conceptual growth stocks' line in the Shenzhen Stock Exchange is significantly smaller than the size of the 'big infrastructure' line on the main board, in terms of the stability of the chip structure, The "conceptual growth stocks" line of the Shenzhen Stock Exchange is not as good as the main line of "big infrastructure" on the main board. "

"Why?" Zhou Kan asked subconsciously.

Xu Xiang replied: "The line of 'conceptual growth stocks' in the Shenzhen Stock Exchange has experienced repeated speculation at the beginning of the year, last year, and even the year before that by the main funds of all parties in the market and even active hot money groups. It can be said that whether it is short-term, medium-term, or A huge number of retail investors have been stuck on this main line for a long time.”

"And the main board direction of the 'big infrastructure' line..."

"Except for April and May, there has been no sustained large-scale speculation before. Coupled with the continuous bear market for several years, the investment expectations and valuation expectations of various investor groups in the market have been extremely low. , there are not many major institutions and retail investors willing to hold positions for a long time.”

"And due to the repeated compression of valuations and the continuous downward trend for several consecutive years."

"There are not many free chips still gathered on the board."

"There is also the continuous trend of 'big infrastructure' in April and May, which can be regarded as loosening the chips in the entire large range, so that the long-term holding chips gathered in this range have been converted into a small number of new entrants. The main funds of institutions and short-term chips to follow the trend.”

"Now, after a short adjustment, the short-term chips have been almost cleared."

"Then, as long as the 'Yu Hang Group' entrenched in this main line can seize the right opportunity, when there are certain differences in the 'concept growth stocks' line in the Shenzhen Stock Exchange, they can concentrate funds to pull the market and compete for the market. With active capital liquidity, it is also expected that the market trend will once again move towards the direction of the main board.”

"That's the same thing..."

Xu Xiang paused for a moment, then continued with a smile: "We must clearly distinguish between the line of 'conceptual growth stocks' in the Shenzhen Stock Exchange and the line of 'weighted performance stocks' in the Shanghai Stock Exchange." , You can’t make the short-term long, and you can’t make the long-term short.”

"and……"

"Although the overall money-making effect of the market continues, the overall volume performance is still maintained at a lower average market level."

"Such a low water level can show that the market can only break through in the direction of least resistance."

"Analyzing the current market performance node, the market direction of 'big infrastructure' on the main board, as well as the main directions of 'military industry', 'Internet finance' and other main lines that have not yet been fulfilled after short-term adjustments, but long-term expectations have not yet been fulfilled, are the upward trend of the market. The direction of least resistance.”

"Understood!" When Zhou Kan saw Xu Xiang saying this, he suddenly stopped talking. He pondered a little in his heart. He already understood it completely and responded, "Then let's look at the operational strategy..."

Xu Xiang smiled, and seeing the slightly hesitant look on Zhou Kan's face, he interrupted him and said decisively: "After the other party forcibly promoted the popular benchmark stocks of 'LeTV, Internet Speed ​​Technology, and Huayi Brothers' , our short-term buying chips in the direction of 'conceptual growth stocks' have made almost 20% profit now, right?"

"Yeah!" Zhou Kan glanced at the backstage and replied, "Almost 20% of the profit."

"Then slowly stop your profits!" Xu Xiang said with a smile, "Harvest the profits at the right time, and then continue to transfer the vacated positions to the early popular main directions such as 'big infrastructure', 'military industry', and 'Internet finance'" , we have to thank this fund for pulling in, giving us a better opportunity to take profit, and at the same time, the market trend has entered a stage of clarity. "

"Okay!" Zhou Kan responded.

Immediately, Xu Xiang quickly issued trading orders to all the traders in the trading room according to Xu Xiang's ideas.

As traders executed the trading orders, a series of target stocks of 'Film and Television Media', 'Internet Software', 'Internet Applications' and even 'Apple Industry Chain' held by the 'Zexi Group' were seen on the two markets. On the market, relatively concentrated selling and selling orders appeared instantly.

but……

Because the positions held by the ‘Zexi Clique’ in these stocks are not very large.

Therefore, even if they focus on selling chips at the intraday highs of these stocks, they cannot change the market trend of these stocks themselves.

The direction of the overall market trend, after LeTV, Huayi Brothers, and Crystal Optoelectronics have hit their daily limits, is still moving towards the 'Apple Industry Chain', 'Film and Television Media', 'Internet Software', 'Internet Applications' and many other small and medium-sized boards, entrepreneurship The main areas of "conceptual growth stocks" on the board are converging. At the same time, the market's main capital flows are once again shifting towards these main areas.

In other words, after the ‘Pingyin Asset Management System’ poured in a huge amount of funds with all its strength.

They were able to trigger the market's investment sentiment and speculation sentiment, once again converging to the entire Shenzhen Stock Exchange's "concept growth stocks" field, once again deepening the market's active funds, and once again hyping up a number of small and medium-sized concept growth stocks, which had already shown signs of recovery and rebounded in the market trend, further "bleeding" and temporarily lost sufficient capital liquidity.

And at the moment when the market trend reversed again, the Shanghai Composite Index stopped at 2310 points and turned back to the downward adjustment.

At 11:09, on the market's public news, an important investment strategy exchange meeting in the asset management industry offline in Shanghai also leaked news that had a great impact on the market trend.

I saw Mr. Liu from Pingyin Asset Management, Mr. Gao from E Fund Asset Management Center, Mr. Shan from Huarui Public Fund, Mr. Ning from Huaxin Securities Strategy Investment Department... A group of bigwigs in the asset management industry, all publicly expressed their optimism about the future market at the offline investment strategy exchange meeting held in Shanghai, and said that they would focus on the two major investment areas of "smartphone industry chain" and "mobile Internet" in the emerging economy.

Among them, Liu Ziliang, general manager of Pingyin Asset Management, also published a specific core logic investment report on these two major investment areas in front of the media camera, elaborated in detail on the views on these two major investment areas, and explicitly and implicitly stated that Pingyin Asset Management will focus on increasing the investment weight of these two main lines in the future.

At 11:15, the specific news about this offline investment strategy meeting, as well as the opinions of the bigwigs of the asset management department, began to spread to various stock investment exchange forums on the Internet, as well as related investment exchange communities, and many financial media that responded quickly also began to report.

And due to the influence of these news...

From 11:16, the market trend began to focus more and more on the first line of Shenzhen Stock Exchange's 'concept growth stocks'.

The stocks related to the 'Apple industry chain', which have been the focus of the market, continued to break through with explosive volume. Anjie Technology, Changying Precision, Goertek, O-Film Technology, Lixun Precision, Crystal Optoelectronics and other stocks all hit the daily limit; the concept stocks related to the 'film and television media' that have re-occupied the second place in the industry sector growth list of the two cities also all broke through with volume, and the number of concept stocks that hit the daily limit once again exceeded 12; the concept stocks in the 'mobile Internet' field such as 'Internet applications' and 'Internet software' have also linked with the concept stocks related to the main line of the 'smartphone industry chain' headed by the 'Apple industry chain', and broke through with large volume at the same time.