Chapter 722 The Main Trend Is the Result of the Concerted Efforts of Market Funds!
"The so-called logic of 'good news landing is bad news' seems to be basically non-existent when the bull market expectations are getting stronger and the market bull market pattern is getting clearer!"
Seeing several popular core themes of 'big finance, big infrastructure, military industry, and technological growth'.
After the low-level main line sectors such as 'big consumption, non-ferrous cycle, petrochemicals, pharmaceutical commerce, coal...' and their core stocks touched the intraday pressure level, they began to recover the previous intraday correction losses rapidly. At this moment, in the Yuhang main hot money group where Su Yu was located.
With the rapid refresh of the group news.
Many large hot money couldn't help but express such feelings.
"It seems that, just like before, the two strongest sectors, securities and Internet finance, have completed rapid adjustments within the day, and there is no opportunity to buy deeper corrections."
"This shows that there are still too many fund groups chasing these two core sectors in and outside the market."
"I have to say that the market's volume has increased in the past half a month, which is really terrifying."
"Yes, the turnover of the two markets has reached nearly 800 billion. This volume performance has far exceeded the volume performance of the bull market in 2007, right?"
"Well, the turnover of the market in the last few trading days has reached a historical high."
"You can't just look at the volume performance. Compared with the market value of the two markets in 2007, the current market, although the Shanghai Composite Index is still more than 3,000 points, the overall market value is much lower than the peak of the bull market in 2007. Market value, there is no difference, the market has expanded a lot in recent years! "
"Yes, but although the market value is similar to that time, if we take into account the trillion-scale margin trading balance, the liquidity of the market has definitely not reached its peak under the rapid inflow of incremental funds on and off the market."
"Not only is it far from the peak, I estimate that it has just reached the foot of the mountain."
"Combining the market trends during this period, the transaction volume and the liquidity shown by the market, as well as the continuous money-making effect that has been condensed, are basically far higher than everyone's expectations. These factors that exceed expectations should also push up the previous investment expectations of various institutional groups for the main line of "big finance", right? In other words... these market factors are the reason why the securities and Internet financial sectors are so strong, and the funds from all parties are basically The reason for the aggressive and crazy buying of stocks without waiting for the deep adjustment of the two core sectors. "
"That's the way it is. The market liquidity performance that far exceeds previous expectations will naturally push up the market expectations of the 'big finance' main line."
"I said that in the early stage of the bull market, you only need to focus on the 'securities' sector. "
"Before the expectations of the securities sector are fully met, the main capital group gathered in the 'big finance' main line field should not withdraw easily and turn to the low-level main line field. After all... it's not easy to get back the core main line chips if they are lost. "
"Damn it, isn't it, I just wanted to make a 'high-low switch' and get a little more profit, and I was dumped and lost the chips in an instant. "
"What's this called... picking up sesame seeds and losing watermelons. "
"Everyone is talking about the securities sector, And what is the average growth rate of the Internet finance sector? "
"Looking at the market turnover compared with the explosion multiple at the beginning of the year, it can be easily estimated that if the market can maintain the current average turnover of 800 billion and the margin balance is maintained at more than one trillion, then the stock price of the benchmark securities sector should have a 3-5 times increase at the beginning of the year. Of course, individual core leading stocks, with a general 3-5 times increase in the sector, can also be optimistically estimated to be a 10-fold bull stock."
"Market liquidity and turnover are far higher than the peak data of the last bull market, and in recent years, the operating environment of securities companies has also improved. Logically speaking... the valuation level of the entire sector has no reason to be lower than the valuation level of the last bull market, and the average 3-5 times increase is definitely there. "
"The key is how long can the market's average volume of 800 billion and the margin balance of one trillion maintain? This is the most important valuation basis for the securities sector, and even the corresponding sectors of the main line of "big finance" such as insurance, banking, and Internet finance. ”
“This… no one can say for sure, right?”
“I think we can be completely optimistic. After all, how much has the M2 data increased in recent years? If the central bank subsequently changes its macro-monetary policy, then the current market is facing a loose situation of funds that is many times higher than that in 2007. If we make an optimistic estimate, I think it will be basically no difficulty for the future market turnover data to further reach a trillion scale, and it should be realized soon.”
“The central bank’s monetary policy shift… this expectation is indeed circulating in the market, but whether it can be finally confirmed is still a matter of debate!”
“It depends on what the Federal Reserve does on the other side of the ocean?”
“According to the expectations of many financial institutions in the external market, after the Federal Reserve withdraws from the loose monetary policy, the path of raising interest rates should not be easily opened.”
“If the external market’s expectations are more optimistic, then the central bank will indeed have more cards in its hand.”
“Take one step and see, I think.” ”
“Indeed, it is better to follow the market’s money-making effect than to analyze and consider so much. As long as the market’s core money-making effect is still in the main areas of ‘big finance, big infrastructure, military industry, and technological growth’, then everyone can just rely on these main lines to make a market. ”
"You still need a certain amount of faith, otherwise you will easily be thrown off the bus."
"Yes, since I changed the way of holding positions every other day and concentrated my heavy positions on the 'securities' sector, I have really realized the saying 'holding shares is more difficult than being a widow'."
“Holding shares is inherently harder than being a widow!”
"The key is to remain unsold under extreme market fluctuations while watching the market. It really tests your mentality."
“Since last Monday’s plunge, not many people can withstand the violent level of adjustment in the ‘big finance’ line!”
“The key is that the technical picture has deviated so far and it can continue to rise.”
"This is the combined force of the market and the continuous short squeeze, which will kill investors who are not firm in holding shares."
"In fact, this trend will cause the stock price to continue to rise. After being separated from the costs of most investors, the upward pressure will become smaller and smaller."
"I agree, so the main uptrend of 'Big Finance' has not officially arrived yet, right?"
"Isn't it here yet? The securities sector index has basically doubled in more than half a month."
"To be precise, in the main line of 'big finance', the main rise in the banking and insurance sectors, which have lagged behind in growth, has not yet fully arrived."
"Actually, I think if you want to 'switch high and low' in the market, you should switch high and low within the core popular main line areas."
"Well, yes, I always feel that today's guidance is focused on the low-level main lines of 'big consumption, non-ferrous metal cycle, petrochemical industry, coal, pharmaceutical business...' and there are basically no expectations for a reversal in industry fundamentals. I will do 'high and low' here. It’s not very wise to switch to big money when the market changes.”
"It can only be said that judging from the market performance at this moment, it is not very wise, right?"
"But it also illustrates the point that the market is always right. The real mainline market trend is formed by the concerted efforts of all the capital groups in the market, rather than by one or two funds guiding the market."
"This point is strongly agreed. Only the market direction that can produce a unanimous and joint effort among the market capital groups is worthy of continued trading and continued attention."
"From the perspective of other main funds, which have led the market several times, we have to say... Mr. Su, who has led the main trend of the market several times, is really awesome!"
"That's right, every time Mr. Su moves the market's main trend direction, a consistent synergy of market capital is formed."
"Indeed, otherwise how can we say that Mr. Su is the only major financial institution in the market?"
“The key is the determination to hold shares, which is also unparalleled.”
"In recent trading days, on the Dragon and Tiger List, 'Fortune Road' and its related institutional seats have either not appeared, or have shown a net buying trend. This should explain Mr. Su's 'Yu Hang Series' fund. The position weight direction is still on the main line of 'big finance, big infrastructure', right?"
"There should be no doubt that this is still on the main line of 'big finance' and 'big infrastructure'."
"What else can I say? Just continue to firmly hold the core popular leading stocks of these two main lines. I think the core main line of 'big finance', a possible short-term peaking sign, should be the favorable policy of the central bank's monetary easing. , after it is fully implemented, the moment when market expectations are completely fulfilled, before that, no matter how the technical situation deviates, the situation of major funds rushing to raise funds should not change significantly. "
"I also think it should be that time. In short... the current line of 'big finance' is definitely not yet full of expectations and fully realized."
In the midst of heated discussions and the collision of various market analysis opinions.
Come 3pm.
The two cities ended the day's trading and ushered in the final closing moment.
I saw that the Shanghai index was at 3392.67 points, up 1.05%, approaching the 3400 point mark, continuing to close the positive trend; while the Shenzhen Index and the ChiNext Index rose 0.79 and 0.63% respectively. Among them, although the A50 Index was in the late trading stage , there was a slight fall, but it still closed above the 2% increase mark. As for the weakest small and medium-sized board index, it only rose slightly by 0.21%, barely maintaining the red market trend.
In addition to the performance of the index.
In terms of the transaction volume performance of the two cities, the transaction volume of the two cities successfully reached the 800 billion mark, with the transaction volume reaching 804.321 billion, once again setting a new high in the history of A-share transactions.
As for the major core main lines and the market performance of popular main lines.
Judging from the final closing results, the securities, banking, insurance, and "Internet finance" sectors of the "Big Finance" main line took back the top spot leading the gains in the two cities.
After that, there are several main-line related industry sectors such as ‘large infrastructure’, ‘military industry’ and ‘technological growth’.
The increase ranked second.
It once rose sharply near midday and early in the afternoon, and once condensed the low-level main areas with strong money-making effects, such as 'big consumption, non-ferrous metal cycle, petrochemical industry, coal, pharmaceutical business...' Mainline-related sectors have gone out of a clear trend of rising and falling. The corresponding core popular stocks and industry leading stocks have basically fallen back to the starting point of the straight rise in stock prices near midday in the morning.
As for the market, there are a number of core popular stocks and industry leading stocks that receive the most attention from investors.
‘Huaxin Securities’, the absolute leading stock in the securities sector, has an N-shaped trend during the day, and the total transaction volume for the day reached 12.769 billion, which once again set a new high for the transaction volume of this stock. At the same time, it continued to rank first in the transaction volume rankings of the two markets, and finally closed with a 4.22% increase.
‘Huaxin Capital’, the new leader of capital speculation in the securities sector, finally closed with a 6.13% increase. Although it failed to continue to hit the daily limit, this closing increase was also the highest point of the day, which obviously exceeded the psychological expectations of many capital groups speculating on this stock.
‘Western Securities’, the initial leading stock in the securities sector, closed with a 4.75% increase today. Although it is not a strong stock in the securities sector in terms of the daily increase, it is still the undisputed leader in the securities sector in terms of the absolute increase since the bottom outbreak.
'Tonghuashun', the core leader of the Internet finance sector, closed at a 4.22% increase today amidst violent fluctuations. The total transaction volume for the day reached more than 3 billion, setting a new record for the transaction volume since the listing of this check. Although its stock price performance has fallen from the daily limit, it is still considered strong and has also set a new historical high for the closing stock price.
'Dazhihui', as the Internet finance sector hype leader that has positioned 'Tonghuashun' in the past two days, still maintains the form of closing at the daily limit, and in the late trading stage, the selling orders on the daily limit have a significant shrinking process, which shows that for many investors holding this check, the chips at this position are still very precious, and everyone's reluctance to sell is more obvious.
As for popular stocks such as 'Oriental Fortune, Hengsheng Electronics, Jinzheng Shares, Yinjie Technology...'.
Although the performance is relatively not as good as Tonghuashun and Dazhihui stocks.
But it also outperformed the market index and the growth of the "Internet Finance" sector index. The overall performance was significantly stronger than the market.
And the main line direction of the "new stocks" that were continuously hyped by funds...
The most popular "Huake Shuguang" continued to maintain the form of closing at the daily limit, closing the 17th daily limit since the listing of this check.
Other new stocks and hot stocks showed obvious differences in the market.
Like the check "Lanshi Heavy Equipment", which is also ranked in the top ten of the market investor attention rankings, its stock price failed to recover the intraday plunge in the late trading stage with the re-emergence of the core main lines of "big finance, big infrastructure, military industry, and technological growth". In the end, it only recorded a high opening and low closing, barely a red market situation.
And under the influence of the check "Lanshi Heavy Equipment".
Previously, the trend of popular stocks such as Leiman Optoelectronics, Shanghai Sanmao, Fushun Special Steel, China Airlines Heavy Machinery, Aerospace Development, etc., which were closely related to the trend of this check, was also significantly affected. The long and short divergences on the market were quite serious, and all of them only closed slightly higher, significantly underperforming the market index. (End of this chapter)