Chapter 718 The Main Funds in the Market Are Smart!
"This sudden change in style is really surprising!"
Faced with the sudden change in the market trend, at this moment, in the main hot money group of Yuhang where Su Yu was located, a group of large hot money investors were obviously a little stunned. It seemed that no one had expected the market trend and market wind direction, which suddenly changed from The main lines of 'big finance, big infrastructure, military industry, technology growth, and sub-new stocks' in the early trading stage have transformed into 'big consumption, non-ferrous metal cycle, petrochemical industry, pharmaceutical business' and other low-level main lines that have been relatively stagflation before.
"But I have to say that this change in market conditions is really smart."
"Indeed, after the market officially opened, I felt that the popular main lines of 'big finance, big infrastructure, military industry, and science and technology growth' were pulled too hastily, which was a bit tempting to bully. As expected... Today I followed the 'Shanghai-Hong Kong Stock Connect' 'The funds that are good for pursuing these popular main lines are all ready to take over in an instant. ”
"The popular main lines of 'big finance, big infrastructure, military industry, and technology growth' have rebounded for several days in a row last week. There are already a lot of profit takings that have continued to accumulate. Today's profit taking will continue to improve the timing of landing. It is easy to understand the rapid rise and escape from high levels.”
"It is indeed the expected benefit, but it is not considered a benefit!"
"You can't say that. The main reason is that the benefits of the 'Shanghai-Hong Kong Stock Connect' were fully reflected in the market trend before this benefit came into effect. If it were not for the support of this expected benefit, I estimate that last week, 'Big Financial 'The main line will not be so strong. Now that the good news has come to fruition, it is indeed understandable that the speculating capital groups that intervened in the past will take profits and reduce their positions to stop profits. "
"All the 'southbound funds' that were pursued today have been taken over."
"If this part of the 'southbound funds' that are aggressively pursuing positions this morning are coming for short-term speculation, they should be regarded as 'takers.' But if they are coming for medium- and long-term holding logic, I think The popular core themes of 'big finance, big infrastructure, and military industry' should not have reached a high point yet. At least the underlying logic of the market's 'bull market' has not relaxed at all, right?"
"But on the 'big finance' line, short-term adjustments are inevitable, right?"
"It's hard to say. With these low-level main lines taking over the rotation, it's actually not easy to get out of the short-term sustained money-making effect."
“Even if the ‘Big Finance’ line needs to be adjusted, it should be over soon.”
"I estimate that the adjustment of the 'big finance' line, especially the two popular sectors of securities and Internet finance, will not last more than three days."
"But today's board, rotation switching, there should be no doubt about it, right?"
"There's obviously no doubt."
"Low-level mainline sectors such as 'big consumption, non-ferrous metal cycle, petrochemical industry, pharmaceutical business, coal' and other low-level mainline sectors have lagged behind the overall market and have increased too much. Indeed, there should be a wave of compensatory growth."
"Yes, even if the individual stocks in these main line sectors and the corresponding concept sectors currently lack some future expectations, there is no strong logic of fundamental reversal, but the valuation of the core weight sectors of the entire market has been going up. Under this circumstance, these sectors and their individual stocks whose valuations are significantly lower than the market average do have a need to make up for their gains.”
"However, even if there is a certain demand for supplementary growth in these sectors, they can only be used as market substitutes during the short-term adjustments of several popular main lines, right? There should not be much sustainable market."
“I feel that once these sectors complete a round of compensatory gains, the main market trend will definitely return to the field of ‘big finance and big consumption’.”
"Despite this, it does not affect the current market trend!"
"Let's follow the market trend first. Although the supplementary increase in the low-level main line area is not very sustainable, at least the next day's market trend is still there, right?"
"Why do I feel like this rotation doesn't look like a short-term speculation!"
"I also feel that the main capital groups on the market are adjusting their positions in a purposeful manner. After all, even if the market is rotating towards the lower main line, the ones who actually lead the rise, and the amount of buying funds that can gather the most obvious amount, are still a group of people. Weighted blue-chip stocks, as well as leading stocks in various industry sectors!”
"Purposeful position adjustment? It's possible!"
"The market trend of weighted blue-chip stocks and industry leading stocks is much stronger than the trend of small and medium-cap concept stocks related to the same industry. This is enough to show that from the main areas of 'big finance' and 'big infrastructure', high profit taking is achieved These major financial groups should not be here for short-term speculation, but for medium and long-term investment logic.”
"In fact, overall, the market trend this year has always been that the Shanghai Index has been stronger than the Shenzhen Index and the ChiNext Index. It has always been the trend of the market's heavyweight blue-chip and industry-leading stocks, which is far stronger than the market trend of small and medium-cap growth stocks and concept stocks. The trend shows that the market style and market ecology are already different from last year, or even earlier.”
"Judging from the absolute gains in several major market core indexes this year, this style is also very obvious."
"Yes, the Shanghai Stock Exchange Index has risen by about 50% this year, while the ChiNext Index has almost stayed put. The Small and Medium Enterprises Index has recorded a decline of about 3% so far this year, and the annual growth rate is negative."
"After careful calculation, the GEM index and the small and medium-sized index have been adjusted for a year!"
"Hey, let me just say that in the market, history always reincarnates, and there is nothing new under the sun... Last year, the ChiNext Index doubled, and this year it is indeed the turn of the heavyweight blue-chip and industry-leading stock prices. This divergent trend, overall, It’s so obvious!”
"In this case, let's follow the overall market trend and continue to hold weighted blue chips and industry leaders."
"In terms of holding preference, giving priority to blue chips and industry leaders should be the best investment strategy at the moment."
“In the early stage of the ‘bull market’, the pioneers must be blue chips and industry leaders. This fully shows that the current market is still in the early stage of the ‘bull market’.”
"No wonder the A50 index is so strong."
"Looking at the trend of the A50 index, I want to open a long order in the A50 index futures."
"If it is determined that it is the overall market trend of weighted blue-chip and industry-leading stocks, then opening a long order in A50 index futures should be more certain than holding the corresponding stocks, and the profit will be more."
"I have to say that the listing of A50 index futures is really just right at this time!"
"It's better to act than to have a heartbeat. I have already opened a long position."
"Indeed, if individual stock prices are uncertain, the index trend should be more certain. As long as the market's liquidity and trading volume continue to increase, the logic and expectations of the 'bull market' will continue to strengthen, regardless of the main line on the market. No matter how the market and popular sectors rotate, there is always only one way for the index to rise.”
"I also follow a few long orders, and I am determined to be long in the market!"
"I bought some 'Huaguo Petroleum'. Looking at the recent news, 'Huaguo Petrochemical', the first stock in the market to undergo mixed ownership reform, should be resuming trading in the near future. Among the two barrels of oil, 'Huaguo Petrochemical' will undergo mixed ownership reform," Huaguo Petroleum certainly cannot escape. This stock with the largest weight in the two cities has been falling for six years since it was listed in 2008. From the current high of 48 yuan to the current stock price of more than 5 yuan , it’s time to take a walk.”
"Huaguo Petroleum is not as reliable as Yangtze Electric Power. Isn't the mixed power reform more promising?"
"Hehe, it's not bad... I think as long as the quasi-weighted blue-chip stocks and industry-leading stocks go in this direction, the market should not be bad."
"Relatively speaking, I still feel that the heavyweight stocks in the 'Securities' sector are more flexible."
"Yes, I stick to my previous view. In other words, since the future expectations of the securities sector have not changed, and the expectations of a 'bull market' are getting stronger, then the short-term adjustment of the stock prices of many core weight stocks in the 'securities' sector will not Isn’t it a rare and excellent buying spot?”
"Well, reverse thinking is also very important in the stock market."
"Anyway, no matter how the market adjusts and fluctuates in the short term, I will continue to increase my positions in Western Securities and Oriental Fortune. I will continue to increase my positions and continue to take them. I don't believe in this position. The Shanghai Stock Index has not reached 3,500 points yet. The securities sector and Internet finance Is the market for the mainline sector, which is so strong, peaking? "
The news in the group was refreshing rapidly, and many large hot money investors were discussing it intensely.
The market trading time has now passed 11 o'clock in the morning and has entered the last half-hour trading period before the noon closing.
I only saw this moment...
The market patterns of the two cities are more distinct than before.
'Big Finance', 'Big Infrastructure', 'Military Industry', and 'Technology Growth' are the core main areas that performed particularly strongly in early trading, as well as related industry sectors, concept sectors, as well as blue-chip stocks and popular leading stocks of various weights. It fell back to near the opening position and fell into a sideways fluctuation.
As for the low-level main areas such as 'big consumption', 'non-ferrous cycle', 'petrochemical industry', 'coal', and 'pharmaceutical business' that have come from behind, the relevant industry sectors, concept sectors, as well as blue-chip stocks and industry leading stocks of various weights are all It is still continuing to increase its volume.
The market trend in this field continues to strengthen.
Among them, a group of popular stock areas that have received high market attention...
The stock price of 'Flush', the absolute core leading stock in the Internet financial sector, has fluctuated all the way down from the previous daily limit position, falling back to around the current 4% increase position, and the intraday turnover rate has reached about 23%. The half-day turnover exceeded 2 billion.
Suffered from the continued decline of the stock 'Flush'.
In the entire Internet financial sector, except for the "Great Wisdom" check, the daily limit is still sealed, and others such as "Oriental Fortune, Hengsheng Electronics, Jinzheng Shares, Yinjie Technology, Shanghai Steel Union, Tianyu Information, and Changliang Technology" ...' All the votes fell sharply to near the opening position in early trading.
Second only to the check ‘Flush’, the check ‘Huake Dawn’ is the most popular one.
Currently, the daily limit is still sealed, and its 17-day tyrannical trend, no matter how the market fluctuates, cannot shake its market price at all.
And the entire ‘sub-new stock’ sector.
In addition to the still strong 'Huake Dawn', the check of 'Blue Stone Heavy Equipment', which is relatively closely related to it, can no longer maintain a strong market shape. As the market trading time goes by, it also follows the trend of 'Flush'. Same, it keeps going lower and almost turns green.
Other popular stocks include 'Western Securities, Huazhong Capital, Chengfei Integration, China Airlines Heavy Machinery, Fushun Special Steel, Shanghai Sanmao, Huaxin Securities, Shibei High-tech, Beixin Road and Bridge, Huaguo MCC...' .
Basically, the trend attitude is gradually falling back.
Almost all the main funds are concentrated on these popular stocks.
After seeing a number of low-level mainline core weight stocks and industry leading stocks rise with volume and gradually squeeze into the top of the two cities' growth list, they are all making high-level profit reductions and adjusting positions to enter the low-level mainline area.
And under the operation of countless funds...
The two cities maintain the overall weight blue-chip stocks and industry leading stocks, which are stronger than the trend of small and medium-sized growth concept stocks. The market pattern of "high-low switching" is becoming more and more obvious.
Finally, when 11:30 came, the two cities ushered in the moment of noon closing.
The Shanghai Stock Exchange Index was set at a 0.96% increase, the Shenzhen Index and the ChiNext Index rose by 0.42% and 0.29% respectively. Among them, the A50 Index returned to the 2% intraday increase mark, and the Small and Medium-sized Board Index returned to the flat position.
Through the midday closing, the performance of the major popular indexes in the market.
It can be seen that the overall market trend, although it has changed compared to the beginning of the session, still maintains the trend that large-cap stocks are much stronger than small-cap stocks.
In addition to the index performance, the specific main lines and the performance of major sectors.
For example, the core main lines of "big finance", "big infrastructure", "military industry", and "technological growth" also form a sharp contrast with the previous low-level core main line trends of "big consumption, non-ferrous metal cycle, petrochemicals, coal, and pharmaceutical commerce" which were obviously stagnant.
"The main attack is heavyweight, and the main line of low position is making up for the rise. This morning's market trend is really interesting."
After the midday closing, seeing such a closing situation, around 11:35, in the Shenzhen Stock Exchange, in the main fund trading room of Xinniu Fund Company, Fang Xinsheng, the company's asset management business manager and the product manager of the 'Manniu No. 1' fund, squinted at the two markets that had already been frozen, and said with a smile: "Faced with the 'Southern System' funds that rushed in after the opening of the 'Shanghai-Hong Kong Stock Connect' in the morning, many active main funds in our A-share market always like to do things that they think are smart, but in fact they are stupid!"
Mou Zhengxing, who was standing next to Fang Xinsheng, was stunned when he heard what he said, and said in a daze: "Why did Mr. Fang say that? In the morning, taking advantage of the good news of the 'Shanghai-Hong Kong Stock Connect', the main funds of the 'Southern System' funds group that took advantage of the high position to harvest the chasing positions were self-righteous?"