Chapter 569 The Journey of the Bull Market (XIV)!
"That said, there is no problem." Xu Zhongji chuckled, "As long as the market development is changing for the better, and the main investment logic is still strengthening, then we have nothing to worry about. Just hold your position quietly and wait.”
Last week, they had survived such a violent market turmoil and stuck to their unwavering trading strategy of holding heavy positions in the main areas of 'military industry' and 'infrastructure'. At this time, these small market fluctuations were nothing at all.
"Yeah!" He Hong nodded.
The trace of worry in my heart gradually dissipated under Xu Zhongji's market analysis.
And with the simple exchange between the two, market trading time continued to move forward...
It can be seen that after the overall market volume has declined, whether it is the main line fields of 'military industry' and 'infrastructure', or the main line fields of 'technological growth', they have gradually fallen into a turbulent pattern.
Finally, when the market closed at 3 p.m.
The Shanghai index was at 2387.96, an intraday increase of 0.83%, while the ChiNext index closed down 1.53%. The gap between the two gains, although narrowed in the last half hour of late trading, was ultimately maintained in the 2% range. The above fully illustrates the extreme nature of market differentiation.
In addition to the overall performance of the index, there are hot market concepts and themes, as well as the performance of industry sectors.
It can be seen that the main hot spots of speculation and market hot spots in the entire market are still focused on the fields of 'infrastructure' and 'military industry', while the main line of 'technological growth' has led the market with an overall sharp decline, and has become a mixed bag in today's market. This is the most obvious and tragic area where capital flight occurs.
Among them, there are several popular main lines and the performance of corresponding popular concept stocks.
After a violent shock, 'Beijiang Communications Construction' finally closed down to about 3 points, with an intraday amplitude of nearly 10%; 'Fushun Special Steel' continued to close its daily limit under the intense speculation from various funds, becoming the market's most popular stock. Popular theme concept stocks; 'Hua Guo MCC', a core-weighted large-cap trend-vane stock, closed with an increase of around 2.5%. Compared with yesterday, the intraday turnover did not increase significantly, but shrank a lot. This proves that yesterday's entry into the market There is no large amount of capital to take profit and leave the market today, and the overall chip lock-up is relatively good; 'LeTV' maintained a one-word limit throughout the day, and tried several large orders with 10,000 hands, but all ended in failure; 'Hengsheng Electronics' 'After the violent fluctuations throughout the day, the closing price remained near the flat price, the trading volume increased significantly, and the market divergence was quite large...
As for the corresponding concept stocks of other non-popular main lines, as well as the performance of weighted stocks.
Most of them follow the market fluctuations.
Of course, most of the "big financial" and "big consumer" weighted stocks on the main board still followed the trend of the Shanghai Stock Exchange Index, and most of them closed in the red. However, the growth stocks that mainly belong to the small and medium-sized board and the GEM board all trended today. It is quite tragic, with most of the intraday declines being more than 1%.
Overall, the phenomenon of the market's "28 pattern" is quite obvious.
As for the intraday session, the 'big financial' sector, which was once favored by core traders within the 'Yuhang Investment' institution and discussed intensely, did not perform outstandingly today. The index trend of its three major weighted sectors of banking, securities and insurance was also obvious. It has underperformed the gains of the Shanghai Stock Index, and based on the overall volume performance of several major sectors, there are currently no signs of major capital accumulation in this area.
Faced with such a closing situation...
The vast investor community in the market has considerable differences in their thoughts and opinions on the market.
Some people believe that the market's "28 pattern" has basically been formed, and the subsequent major market performance will most likely occur on the blue chips of the main board. Moreover, the stock sector that is currently the most underestimated in the market has been in the abyss of the bear market for many years and has sunk for a long time. of weighted large-cap stocks.
Some people also believe that the market as a whole is still in a rotational pattern.
That is, the main board weight market and the 'technology growth' market are alternating, and it is predicted that when the short-term profits of the two main lines of 'infrastructure' and 'military industry' accumulate heavily enough, the market market will adjust to the level of the market without any surprises. The main line of 'technological growth' has sharply corrected.
Of course, some investor groups believe that there are still obvious flaws in the market's volume. Although the Shanghai Stock Exchange Index has broken through at a certain point, the breakthrough in volume has not been achieved. In essence, the market's overall investment sentiment and incremental funds are still not there. What a big change, and the outbreak of the two main market lines of 'infrastructure' and 'military industry' is just the active funds that temporarily escaped from the main line of 'technological growth' after the market expected problems in the main line of 'technological growth' The market will not last long at all if the group induces short-term speculation on the market.
At the same time, this group of investors also believes that the market will rebound after this round.
There is a high probability that the index will fall back to 2,200 points, or the lower support level of 2,000 points. It is not believed that the index has the ability and motivation to continue to challenge 2,500 points upwards.
However, among the vast number of retail investors in the entire market, due to insufficient capacity and today's index performance, which is lower than expected, there are considerable differences in market outlook expectations...
Main institutional groups, as well as medium and large hot money groups.
Everyone has completely different interpretations of market performance and expected market performance.
As for the main institutional groups, whether it is the securities analysts who speak publicly in the market, or a group of market star fund managers and well-known market stock commentators, everyone agrees that the market has the power and opportunity to break upward, and the main line of the market direction is very likely to occur in the main board direction. Even many institutions have publicly stated that they are optimistic about the performance of the two main lines of "big infrastructure" and "military industry" in the future market after the market trend has changed sharply in the past two days.
As for the most active medium and large hot money in the market capital group.
The core of everyone's discussion has gradually shifted from the speculation of concept stocks in the main line of "technological growth" to the potential blue chip stocks, theme stocks, and restructuring expected stocks in the fields of "infrastructure" and "military industry".
Among them, the discussion heat for stocks such as ‘Fushun Special Steel’, ‘Chengfei Technology’, ‘LeTV’, ‘Hengsheng Electronics’, ‘Huaguo Zhongye’, ‘Huaguo Railway Construction’, ‘Huahang Optoelectronics’, and ‘Aviation Engine’ is also rising steadily, and opinions are becoming more and more clear.
"Today's market performance has declined a lot compared to yesterday!"
Someone in the Yuhang main speculator group where Su Yu is located sighed: "The volume has declined so much. I feel that the Shanghai Composite Index is around 2,400 points. I am afraid that there will be more trouble."
"Although the entire market has shrunk today, the performance of the two main lines of "military industry" and "infrastructure" is still strong. The performance of many concept stocks is also remarkable. Moreover... I feel that the core hype logic of the two main lines of "military industry" and "infrastructure" is still spreading and fermenting in depth. For example, today's "port shipping" stocks are actually doing well, which is obviously stronger than the Shanghai market."
"Indeed, the shrinking market does indicate that the incremental funds in the market are not enough. The market is not sufficient, and the active funds in the market are limited, which cannot support the large-scale continuous upward breakthrough of the market. At the same time, in the "infrastructure", "military industry" and other relatively good market main lines, they can still maintain the upward trend under such a shrinking form, which can also indirectly show that the market's chip structure is locked relatively well, right? It can be said that most of the chips entering the main line fields of "infrastructure" and "military industry" are in a locked position at this time, right? "
"From this logic, it is correct."
"The real market start time of the "big infrastructure" line should be counted as early April, and after more than two months, nearly a quarter of the trend evolution, now at this position, the chip structure can still be locked so well, which actually proves that everyone is still optimistic about the future of this direction. of the sustained market trend. "
"There should be no doubt about this. After all, the entire "big infrastructure" main line is led by General Manager Su. I estimate that as long as General Manager Su's "wealth road" does not publicly reduce positions and stop profits on a large scale on the Dragon and Tiger List, the chip structure in this direction should continue to be maintained."
"After several months of continuous adjustment and consolidation, the main trend of "big infrastructure" has now become a trend. At this time, shrinking the volume during the rise is actually a good thing."
"No matter how the market changes, as long as the core main line of "big infrastructure" remains unchanged, there will be no big problem."
"At this position in the market, relying on the "big infrastructure" line, there is definitely not much risk at present, but within the main line of "big infrastructure", the corresponding concept stock trends seem to be obviously out of sync, It's a bit of a high-low switch."
"Indeed, the core hot concept stocks in the field of "infrastructure" today, "Beijiang Jiaojian", are obviously weaker than "Tianshan Cement", "Shanghai Construction" and "Fushun Special Steel". After the main line of "big infrastructure" has been fully developed, this check feels a bit like it has reached its peak."
"This is the change in the high-low switching market within the sector, which should be worth noting and avoiding in the future."
"There should be dragon and tiger list data for the check "Beijiang Jiaojian" today? You can see how the list is buying and selling. If Mr. Su's "Fortune Road" is on the selling list, then the market of this check should not be likely to create a new high in the future."
"The current market's absolute popularity leader has switched to the stock "Fushun Special Steel". ”
“There is no way. This check combines the concepts of ‘infrastructure’, ‘military industry’, and ‘nuclear power’, and they are all fundamentals, with real demand growth, strong expectations, and a lot of smart money in the market. Moreover, the overall stock price position of this check is very low. It would be unreasonable for everyone not to grab the chips at this position. ”
“Before, a group friend said that ‘port and shipping’ had some changes today. What is the logic behind this? ”
“The logic of ‘port and shipping’ is not very clear at present. We can take a look later. ”
“The ‘port and shipping’ sector should be brought up by the ‘Shanghai Free Trade Zone’ today, right? After all, the ‘Shanghai-Hong Kong Group’ has risen sharply! ”
“Isn’t it the logic line of the ‘Shanghai Free Trade Zone’? After all, the other core stocks of the ‘Shanghai Free Trade Zone’, such as ‘Shanghai Sanmao’ and ‘Shanghai Steel Union’, the early leaders of the ‘Free Trade Zone’ logic, have not moved today, and the Shanghai Steel Union check has also fallen by 5 points today. ”
“That is... what logic? ”
“The Eurasian Economic Belt, the concept of the Silk Road in the new era, right?”
"F*ck, when you say that, it's really possible, damn... the vision of some big institutions is really unique. There are still a lot of great institutions in the market. The logic of this line is so smooth, it's really pretty."
“The Eurasian Economic Belt, this logical line, is also one of the underlying logics of ‘big infrastructure’, right?”
"Of course, yes, if domestic demand is sluggish, we need to boost external demand. Isn't the 'big infrastructure' strategy just a two-round launch? The market will explode only when domestic demand and external demand resonate?"
"According to this logic, the subsequent main line of 'big infrastructure' will probably spread to the direction of 'rail transportation' and 'port shipping'?"
"I feel that there is a high probability that it will develop like this."
"The logic line is clear, and it can indeed be laid out in this way to lurk positions in advance."
"After carefully combing through the underlying logical expectations of 'big infrastructure', I found that there are many related conceptual threads with strong expectations for this major main line. At the same time, policy support is also very strong, and expectations for positive policies in the future are also very strong. Ah, if the various underlying logics of this line are further deepened and fermented, and are recognized by the broad investor group in the market, especially the broad retail investor group both inside and outside the market, then the subsequent intensity and breadth of the market trend of this major main line will be It’s really… hard to imagine!”
"If several logical lines can be fully fermented and generate more expectations... there will be no problem at least supporting the Shanghai Stock Index at 2,500 points."
“The more we analyze it in depth, I feel that the ‘big infrastructure’ line has unlimited potential.”
"What's this called? When it goes up, everything is good at first glance. When it goes down, everything is bad at first glance. Let me tell you, even though the expectations for the 'big infrastructure' line are good, they are not. There are certain variables, and in the line of 'technological growth', although the underlying investment logic has collapsed a bit, it is not without merit. At least in the two major industry directions of 'mobile Internet' and 'smartphone industry chain', the demand It is still exploding rapidly, so we... should keep a calm mind and look at the market objectively."
"Hey, this is not necessary. After all, most of the people in our group are short-term traders, and all they care about is market sentiment. This underlying logic is studied by big market institutions. We can refer to it. But there’s no need to study that deeply.”
"Although 'Sweet Love' is good, it has to follow market trends. I think there is no harm in doing more research."
"No matter what, the speculation logic and expected space of the 'Fushun Special Steel' check should be relatively certain, and it is also a stock that can be clearly participated in tomorrow or the next day."
"In the direction of 'military industry', the check of 'Chengfei Technology' is also worthy of focus."
"After all, in the entire 'military industry' field, this check is currently the most anticipated concept stock for restructuring. Funds from all walks of life will definitely gather here and speculate on it."
"'Port shipping' is a sector that has not yet been completely popular. Which concept stock has more potential? I have been chasing highs recently, and most of them have lost money. Now... I want to try to wait for the wind. Make a plan and see if you can reverse the account’s bad luck.”
"'Port Shipping' currently has no clear hot stocks, so it's hard to say."
"On the other hand, the 'high-speed rail' sector can be clearly laid out, and the target stocks are relatively clear. At the same time... this is also following the policy direction. If you focus on speculation, you don't have to worry about regulatory issues at all. Also... Hasn't Alliance Leader Zhang already entered? In this area, is it possible to take advantage of this line by building a large-scale position in the stock 'Huaguo Railway Construction'?"
"Yes, the 'high-speed rail' sector. Now the 'high-speed rail' has become a beautiful business card of our country to the outside world. Its competitiveness is international, and it has fully squeezed into the first-class or even the top echelon."
"Haha... Based on this analysis, even though the 'technological growth' line has collapsed, there are still a lot of stocks, concepts, and themes that the market can do!"
"Of course there is a lot. After all, the line of 'big infrastructure' is too big."
"There are so many themes and concepts that can be worked on. I really hope that the index can stay here longer and the emotions can spread deeper. In this way...the explosive power of the subsequent main rising market will be stronger!"
In the main hot money group, everyone speaks freely, making predictions about the market outlook, and weighing the appropriate target stocks to participate in as the market outlook evolves...
Along with the rapid refresh of news in the group, as well as the continuous changes in market news and emotions.
At 5:30 pm, the dragon and tiger lists of the two cities were refreshed.
I saw that in the entire market, a total of 26 stocks were on the list. Compared with last Friday, the number of stocks on the list showed obvious signs of decline. This shows that after the market trend turned, the activity of hot money has decreased slightly. Of course, ...This is also a normal market reaction under the "28-point differentiation" pattern.
After all, when the market mainly shifts to mid- and large-cap stocks.
Since the circulation of mid- and large-cap stocks is generally large and the intraday amplitude is relatively limited, if they cannot meet the conditions for listing on the Dragon and Tiger List, it is natural that the number of stocks on the list will plummet.