Chapter 720 The Rotation of the Main Line in the Market!

As soon as the market resumed trading, the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index rose sharply again.

And in the upward trend of major indexes.

In the morning near noon, the core stocks and industry leading stocks in the low-level main line fields such as "big consumption, non-ferrous cycle, coal, petrochemical, and pharmaceutical commerce" that performed strongly and condensed some money-making effects have ushered in a wave of concentrated active buying, and the stock prices of the corresponding stocks have risen rapidly.

At the same time, the "big finance", "big infrastructure", "military industry", "technological growth" and other popular main lines that continued to lead the market in the early stage, which performed strongly in the morning but fell significantly afterwards, also increased sharply again.

At this moment, the selling volume on the market has increased again.

The stock prices of the corresponding hot stocks and weighted leading stocks have also been under pressure, and there have been stock price retracements and intraday trend patterns of large volume and stagnation.

At 1:02, non-ferrous metals and coal rose rapidly, and the sector's growth rate squeezed into the top three in the two markets.

At 1:03, a number of core stocks in the coal sector, such as Shenhua Coal, Chongzhou Coal, Jinxi Coal, Pingmei Group, etc., showed a straight-line upward trend with explosive volume, and the bottoming-out rebound trend was extremely obvious.

At 1:04, the component stocks of the "non-ferrous cycle" sector, such as Western Mining, Zijin Mining, Yunnan Copper, Tianqi Lithium, Qilu Gold, etc., followed the core component stocks in the coal sector and also showed a straight-line upward trend.

At 1:05, the two major concept sectors of "white appliances" and "white wine" also squeezed into the top five of the concept sector growth list of the two cities. Among them, the three major white appliance giants of "Gree Electric, Midea Electric, and Haier Electric", and the three major white wine giants of "Qianzhou Moutai, Wuliangye, and Luzhou Laojiao", all had explosive volume, and rose straight by more than 2.5%, significantly outperforming the major market indexes, and showing an obvious bottoming-out and explosive reversal trend.

At 1:06, the food manufacturing industry sector also squeezed into the top five of the industry sector growth list of the two cities.

At 1:07, on November 11, the "retail" concept sector and the "Internet e-commerce" concept, which had once soared, made a comeback at this moment, and the corresponding core stocks and concept stocks also attracted a lot of attention from the buying group of Zijin.

At 1:08, the intraday increase of "Huaguo Petroleum" expanded to 3%, and the intraday trading volume expanded to 2.5 billion. Although this trading volume is not enough compared with "Huaxin Securities", the leading stock of the securities firm with the highest trading volume in the two markets, it is obviously significantly increased compared with the trading volume of "Huaguo Petroleum" in the previous trading days.

However, the intraday trading volume of 2.5 billion.

It is still somewhat surprising that this supermarket weight stock with a market value of trillions of yuan can be pulled up by more than 3 points.

Of course, this also shows that in the continuous decline over the years, more than 90% of the floating chips of "Huaguo Petroleum" have been locked up. At this moment, at this historical low of the stock price, the pressure of the locked-in chips is not heavy, and the resistance to the upward movement of the stock price is not great.

At 1:09, driven by the rapid rise of more than 3% of ‘Huaguo Petroleum’.

The constituent stocks of the ‘petrochemical’ sector, such as ‘Petrochemical Oil Service, Taishan Petroleum, Hongyu Fuel Oil…’, also rose sharply.

Among them, the check of ‘Hongyu Fuel Oil’ was due to the small circulation.

The short-term main speculation funds that poured in directly pushed it to the daily limit.

At 1:10, with the daily limit of ‘Hongyu Fuel Oil’, the entire ‘petrochemical’ sector, the intraday increase rapidly expanded to more than 2%, and also squeezed into the top five of the real-time increase list of the two cities’ industry sectors.

At 1:11, the automobile sector in the ‘big consumption’ field also moved again.

‘Changan Automobile, Great Wall Motor, Shanghai Automobile Group, Huaguo FAW, GAC Group…’ A number of core constituent stocks have risen with volume.

Among them, the trend of 'Shanghai Automobile Group', as the leader of the sector industry, began to follow the trend of 'Huaguo Petroleum'. The intraday volume continued to expand, and the increase quickly jumped from around 2% to more than 3%.

At 1:12, compared with the market trend of the hot main lines such as 'big finance, big infrastructure, military industry, and technological growth' in the morning, the overall market performance at this moment has changed drastically. The main lines of 'big consumption, non-ferrous cycle, and petrochemicals' have become the leading main lines of the market at this moment.

Among them, white appliances, liquor, automobiles, oil mining, gold... and other concept sectors.

It has completely surpassed the strong concept sectors of the hot main lines such as 'big finance, big infrastructure, military industry, and technological growth', and has become the concept theme that temporarily leads the market.

At 1:13, the increase in the ‘Securities’ sector further fell back to less than 1%, and the stock price of ‘Huaxin Securities’, the core leading stock in the securities sector, became weaker and weaker as the volume exploded after the intraday turnover reached the 7 billion mark.

At 1:14, the intraday increase of ‘Tonghuashun’ slipped to about 3%, and its stock price fell from the daily limit in the morning, reaching about 7 points.

At 1:15, the stock price of ‘Chengfei Integration’, the core stock of the ‘Military Industry’ sector, plunged again, and the intraday decline widened to about 4%.

At 1:16, the increase in the ‘Internet Finance’ sector also fell back to less than 1%. In the entire sector, only ‘Dazhihui’, a component stock with a strong logic of compensating for the increase, can continue to maintain the daily limit. The stock prices of other popular concept stocks have all fallen sharply compared with the early trading.

At 1:17, the trading volume of the two markets reached the 500 billion mark.

At 1:18, the stock price of the three giants in the "white goods" sector, Gree Electric, Midea Electric, and Haier Electric, further expanded, reaching more than 3.5%.

At 1:19, the stock price of "Boss Electric" stood at the 5% increase mark as the intraday volume expanded.

At 1:20, the stock price of "Changan Automobile" broke through the 7% increase mark.

At 1:21, the stock price of "Huatou Capital", the leading stock in the securities sector, plummeted by 2.5 points in one minute, and the volume was further enlarged.

At 1:22, "LeTV" almost wiped out all the gains that had risen after the opening.

At 1:23, "Quantong Education", which had originally hit the daily limit, exploded, and the index trend of the entire "Internet online education" concept sector was hit hard, and its hype logic seemed to have shown signs of shaking.

At 1:24, the share price of ‘Netspeed Technology’, a core leading stock of ‘domestic software’ and also a weighted component stock of the ChiNext Index, fell below the flat price and entered underwater fluctuations against the trend.

At 1:25, the SME Index also showed a sharp downward trend.

At 1:26, the ChiNext Index, which had expanded its gains at the beginning of the afternoon session, also retreated rapidly again under the continuous decline of a number of core popular component stocks such as ‘LeTV, Netspeed Technology, Oriental Fortune, Flush…’, and returned to the point at the midday closing.

At 1:27, the Shanghai Composite Index began to trade sideways between 1.10% and 1.20% as the SME Index and ChiNext Index continued to retreat.

At the same time…

The ‘A50 Index’ continued to strengthen, continuing to widen the gap with the Shanghai Index, Shenzhen Index, ChiNext Index, and SME Index, further expanding the intraday gain to around 2.20%.

At 1:28, the share price of ‘Huaguo Petroleum’ once again expanded to the 4% increase mark.

At 1:29, the increase of ‘Shenhua Coal Industry’ exceeded 5%.

At 1:30, the share price of ‘Qianzhou Moutai’ also hit the 4% increase mark.

At 1:31, the share price of ‘Shanghai Automobile Group’ broke through the 6% increase in one fell swoop, leading the rise of a number of constituent stocks in the A50 index field.

After the midday trading, the market traded in half an hour.

The market trend of the two cities and the performance of the main market trend are becoming more and more distinct than the closing time at noon.

The main line of ‘big finance’, which is strongly related to the ‘Shanghai-Hong Kong Stock Connect’, ‘A50 Index Futures’ and ‘Huazheng 500 Index Futures’, has been strongly pulled up in the morning, and it can be said that it has been fully adjusted. Many funds that were taken over at high levels in the morning due to these positive factors were all trapped at the intraday highs for a while.

Similarly, the low-level marginal main lines that were once siphoned funds by the core main lines of "big finance, big infrastructure" and "technological growth".

When there was no more room to fall.

Finally, they ushered in a strong bottoming counterattack, and they all rose sharply.

"Fuck, today's market trend is really exciting."

After 1:30, a group of retail investors gathered in the discussion area of ​​the trading platform were extremely surprised to see such a market trend and the performance of the main line, and they all expressed their feelings.

"Who would have thought that the realization of the benefits of 'Shanghai-Hong Kong Stock Connect' would actually be bad news for the entire 'big finance' main line!"

"The so-called realization of benefits is bad news. Today's market trend really fully interprets this sentence."

"Fuck you, I chased the high point in the early trading."

"Those who chased 'big finance' today should be trapped for a while, right?"

"It's definitely a while, but I feel that this line of 'big finance' will not be the high point at the end of the market. After future adjustments, it will definitely set a new high point."

"Although it is not the high point at the end of the market, it is still uncomfortable to be trapped!"

"Next, the market should switch the main line up and down, and rotate the main line market to the corresponding main line area that is seriously lagging behind the market at a low level, right?"

"Of course, hasn't the market shown it?"

"The core main line of 'big finance' was pulled so fast in the early trading, I felt something was wrong, and sure enough..."

"All the funds from the 'Southern System' that came in today should be trapped, right? Ha Ha... it's rare to see domestic institutions so smart. "

"Today, when the main line of 'big finance' is rising in the morning, the funds that dare to sell off the main line of big finance stocks and take profits and rush into the field of low-level main line stocks are definitely the smartest group of funds in the market. "

"I said it, this is a comprehensive bull market, and the main lines of the market will definitely rotate."

"Hey, the main line of 'big finance' stocks that I had no choice but to chase last Friday, today I got a blow, it's simply... I didn't change my position earlier."

"I said it earlier, the bull market is coming, and the individual stocks in the market are just the difference between early and late rises. Before the stocks in your hands rise sharply, you should still be cautious to adjust your positions to chase highs. After all, it is always better to hold on to it than to step on the wrong market rhythm and continue to miss the market."

"Then should I... sell off the securities stocks and buy back the previous stock positions now? "

"Obviously, this should be done. At this time, the market has just undergone a 'high-low switching' pattern trend, and all low-level stocks have just begun to rebound. It should be the right time to adjust the positions and chase them. "

"Hey, it's too difficult. I feel like no matter what I do, it's all wrong. Who said it's easy to make money in the bull market?"

"Haha...I adjusted my position to pursue."

"I chased Shanghai Automobile Group Co., Ltd., which has the strongest rise. I hope the main force will not bury me."

"I chased the 'Changan Automobile' check, and seeing this check... it seemed like it was going to rise by the limit. The automobile sector was really strong today, ranking first in the two cities' price increase lists."

"The 'automobile sector' has been doing well recently, right?"

"Well, last week's market growth, although the automobile sector did not perform outstandingly, it also outperformed the market."

"The macro-economy needs to recover. As the top priority of the 'big consumer' market, the 'auto market' is definitely promising in the future. We are firmly optimistic about the comprehensive recovery of the 'auto industry'."

"Why not buy 'Ankai Bus, Yutong Bus, Zotye...' these automobile stocks with a smaller circulation market? Isn't it said that stocks with a small circulation market are relatively easier to speculate and have higher stock price elasticity?"

“Having said that, it also depends on the current market’s capital preferences and style!”

"Yes, it is obvious that although many major financial groups in the market today are reducing their positions and taking profits in the high-priced and popular main areas such as 'big finance, big infrastructure, military industry, and technological growth' that have surged in the early stage, and are investing in large-scale Adjust positions in the low main line area, but through the specific trend of the A50 index, we can still find the market's capital preference, which has never left the core blue-chip stocks and industry leading stocks. In short... it is the current market investment style, still It is the large-cap stocks that are stronger than the small-cap concept stocks.”

"You can know this by looking at the gap between the trend of the A50 index and the trend of the small and medium-sized board index."

"It seems...it's still a weighted blue-chip stock market!"

"That's for sure. In the early days of the bull market, the first priority is to break out the market's valuation system, raise the valuation of particularly undervalued stocks, and let big funds rush in... A total of 800 billion in the two cities in one day Turnover, if the main funds don’t buy undervalued, high-quality blue-chips, and high-performance weights in the market, then what should they buy? Small-cap concept stocks are only suitable for large-scale hot money active in the market. For these large-scale main players who can directly guide the macro trend of the market Institutions are not suitable at all, so... in the first stage of the bull market, it is definitely the blue-chip stocks with large market weights that will rise. We... we will not go wrong if we follow this direction. "

"I agree, last year was the growth stock market with the concepts of 'GEM' and 'SME Board' as the main focus, so today it is definitely the turn of the weighted blue-chip stock market. The market's weighted blue-chip stocks cannot be valued, and they were already speculated last year. In fact, high-concept growth stocks cannot rise. After all, after seriously breaking away from the weighted blue-chip valuation system, if they continue to speculate, the basic logic does not support it, and the stock price has no support. "

"Yes, yes, just move in this direction..."

In the midst of active and heated discussions among many retail investor groups.

The market trading time has passed 2 o'clock in the afternoon without realizing it.

I saw that the market pattern of the two markets in this market has undergone new changes compared to half an hour ago.

A number of core large-cap weighted stocks and industry leading stocks in the main line areas of 'big consumption, non-ferrous metal cycle, petrochemicals, coal' and other main areas that have strongly counterattacked at low levels. At this time, after a large amount of the intraday bullish takeover power was consumed, as the top touched more At the position of holding pressure, the rising trend of stock prices also began to slow down.

In fact, many core stocks have already shown obvious stagflation sideways patterns.

As for the midday session in the morning and the half-hour opening session in the afternoon, heavyweight stocks and leading stocks in popular core main lines such as 'big finance', 'big infrastructure', 'military industry' and 'technological growth' were sold by a large amount of selling funds. For stocks, after hitting intraday lows, selling volume can gradually decrease.

At this moment, it started to slowly pick up again.

And on the market of stocks such as 'Huaxin Securities, Flush, Oriental Fortune, LeTV, Internet Speed ​​Technology, Chinese Commercial Bank, Ping An Insurance...' and other stocks, the obvious active buying power has begun to suppress the selling power again, and the stock price The momentum for further declines has clearly been lost.