Chapter 759: Changing Investment Sentiment Under the Influence of External Markets!
"This Dragon and Tiger List data, as well as the margin trading data, are indeed... a bit beyond expectations." Hearing Zhao Zhongming's sigh, Yi Xiaopeng, the fund trading team leader standing next to Zhao Zhongming, responded helplessly, "Especially the margin trading balance in the two cities, which has increased by more than 11 billion yuan while the market is in a state of adjustment and shrinkage. It's simply outrageous."
He didn't expect that the incremental buying in the market would be so strong.
What's more, he didn't expect that the core themes of 'big finance', 'big infrastructure', and 'military industry', which have shown strong demand for adjustment and weak consolidation, have been shown.
The trend in the late afternoon trading stage has quickly warmed up due to strong incremental buying.
Such a market trend has completely made the trading strategy he proposed lose its effect, and not only has it lost its effect, but it has also restricted the rapid recovery of the net value of fund products, causing a counter-effect on the manifestation of the net value of the fund.
This made him feel very guilty for a while.
Fortunately, at the end of the day, with the recovery of the core themes of "big finance", "big infrastructure" and "military industry", the main themes of "big consumption", "mobile Internet" and "smartphone industry chain" did not fall back much, and the market did not show a switching trend one after another.
Otherwise, he would be a little embarrassed.
"Under the continuous incentive of the money-making effect, the risk preference of the investor group will only get higher and higher, and the courage will become bigger and bigger." Zhao Zhongming responded, "This is not outrageous, but we did not take this factor into consideration, and we made a mistake in judging the market trend."
"But even if the potential incremental buying exceeds our expectations..." Yi Xiaopeng thought for a while and continued to speak, "It does not mean that the market performance in the future will continue to converge to the main themes of "big finance", "big infrastructure" and "military industry", right?
In fact, according to the current market liquidity and the abundance of incremental funds.
The market can support multiple core themes and continue to develop at the same time, that is, there are "multi-core themes" driving together.
So, I think I It is not wrong for us to disperse some of our positions and turn to the relatively low-priced main lines of "big consumption", "mobile Internet", and "smartphone industry chain".
If the market will form a general rise next, there is nothing wrong with holding these main line chips. "
Zhao Zhongming heard Yi Xiaopeng's words, although he knew that his analysis was not wrong, he still said: "In theory, the market turnover volume at this level is indeed enough to support the common development of multiple core main lines, but these new incremental capital groups entering the market.
Especially the leveraged capital group that has made great strides in the balance of margin trading.
There is no doubt that they will definitely converge on the main line sectors with the highest popularity, the strongest overall money-making effect, and the easiest profit in the market.
And the entire market In the market, there are those that meet this characteristic.
There is no doubt that it is definitely the core themes of "big finance", "big infrastructure" and "military industry".
Therefore, even if some funds will overflow to relatively low-level and expected main lines such as "big consumption", "mobile Internet", and "smartphone industry chain" under this liquidity, the vast majority of incremental funds will definitely be concentrated in the main lines of "big finance", "big infrastructure" and "military industry".
That is, the main lines of "big finance", "big infrastructure" and "military industry".
It will still form a certain degree of capital siphoning effect on the market, and its trend should be significantly stronger than other core themes.
Until the overall valuation of the main lines of "big finance", "big infrastructure" and "military industry" is consistent with the market, Its core main line has opened up a large gap again, and at the same time, many favorable expectations have begun to be gradually fulfilled, or in other words, the subsequent expectations have gradually moved down after reaching the emotional peak.
The overall market situation will have a significant change. "
"Then Mr. Zhao thinks...what should we do now?" Yi Xiaopeng hesitated for a moment and continued to ask, "Is it possible that next Monday, we will sell the chips just bought in the main line areas of 'big consumption', 'mobile Internet', and 'smartphone industry chain' and restore the previous trading strategy?"
Zhao Zhongming thought about it, nodded slightly, and said: "Only in this way, since it is wrong, we should correct it in time. We can only follow the changes in the market and cooperate with the market trend. We can't let the market cooperate with our position adjustment and strategy change.
In addition, if we find the direction is wrong, timely changes and stop losses can avoid greater mistakes and losses.
While we are now, it is still time to reverse the trading strategy.
If we wait for the core themes of ‘big finance’, ‘big infrastructure’ and ‘military industry’ to completely end the adjustment and return to the previous trend of continuous short squeeze, then it will be basically unrealistic for us to take back the chips. Once many buying points are missed, they will be completely missed. "
"Okay!" Seeing that Zhao Zhongming had made up his mind, Yi Xiaopeng could only nod.
As the two of them discussed, they corrected their previous trading strategies and returned to the original trading strategy route.
At the same time.
In the Shenzhen Stock Exchange, Pingyin Asset Management Center, in the main fund trading room, Chen Shen, the fund manager who continued to increase his positions in the core themes of ‘big finance’, ‘big infrastructure’ and ‘military industry’ during the day, was quite excited after carefully reviewing the market data after the market, and his expectations for the future market were becoming more and more optimistic and positive.
Just as the bullish sentiment in the two cities further developed.
And in the traces of a large number of incremental funds groups continuing to increase their positions.
In the evening and late at night, the US stock market continued to open high and fall, and it went out of the trend of three consecutive adjustments, and continued to affect the trend of other peripheral financial markets.
Then, on Saturday and Sunday.
In the market, there were some good news on the news.
However, they were all some good news that were not big or small, not enough to have a heavy impact on the market trend.
Of course, the market rumors that the central bank would cut interest rates and reserve requirements in December next month are still in a process of continuous fermentation, but most investors are in a process of doubt, that is, the certainty of this heavy news is still in doubt, and it can only be regarded as a rumor, not as a substantial positive.
In the end, under the influence of the trend of the peripheral market and the influence of the news that was somewhat less than investors expected.
When November 24th arrived after two days of the weekend, the bullish sentiment in the two cities was obviously weakened again.
However, when the overall bullish sentiment was weakened,
Major domestic securities research institutions, and even major peripheral investment institutions, have made a large number of continuous optimistic investment ratings for the A-share market.
Moreover, many foreign institutions have also begun to be optimistic about the development of the domestic financial market.
Just when the short-term bullish sentiment is weakening, but the medium- and long-term bullish sentiment, as well as the continued optimistic institutional groups are increasing.
With the fermentation of emotions, when 9:15 came, the two markets entered the initial call auction.
In the entire market, more than 2,000 stocks, most of them opened slightly lower, and no matter the highly concerned "big finance", "big infrastructure", "military industry" and other core themes, or "big consumption", "mobile Internet", "smartphone industry chain" and other major themes, the related industry sectors and concept sectors have not been able to show a relatively strong performance form of the initial call auction.
At 9:16, when the stock market of the two markets and the call auction pattern were clear,
In the entire market, there are more than 2,000 stocks, with a total of more than 1,300 stocks in the green market, and only 683 stocks in the red market.
As for the performance of the major core lines, related industry sectors and concept sectors.
Only the "film and television media" industry sector maintained a slightly high opening trend, with an initial increase of 0.49%.
Then, the two major weight sectors of banking and insurance maintained the initial flat opening state, one rose by 0.05% and the other fell by 0.03%.
After that, the coal, petrochemical, and power equipment industry sectors fell slightly, and the "Internet software, Internet applications, electronic information, automobile complete vehicles, food and beverages, retail..." sectors maintained a slight decline of 0.15% to 0.25%, while the "building decoration, building materials, commercial real estate development, non-public transportation, machinery and equipment, public transportation..." and other related industry sectors in the "big infrastructure" main line opened low between 0.25% and 0.45%.
As for the "securities" sector, the initial low opening range was 0.53%.
The ‘defense and military industry’ sector opened lower by 0.74%, still leading the decline in the two cities’ industry sectors.
In terms of the performance of the concept sectors, the concept sectors related to the ‘film and television media’ industry sector, such as ‘celebrity shareholding’, ‘celebrity participation’, ‘film and television production’, ‘film distribution’, ‘mobile games’, ‘Internet online education’, ‘Internet TV’ and other concept sectors, are at the top of the two cities’ concept sector growth list, and have achieved a red opening. Among them, the two concept sectors of ‘Internet online education’ and ‘Internet TV’ opened higher by more than 1%.
After that, the relevant concept sectors in the fields of ‘big consumption’, ‘mobile Internet’, and ‘smartphone industry chain’, as well as the ‘new stocks’ sector, maintained a slightly red opening and a slightly lower opening.
After that, a number of concept sectors in the main line fields of ‘big finance’, ‘big infrastructure’, and ‘military industry’.
The performance is still relatively weak, and they are in a trend of opening lower.
In addition to these core main lines, industry sectors, and concept sectors with high attention,
The performance of the top 20 hot stocks in the two markets ranked by investors' attention and discussion.
‘Huake Shuguang’ opened with a daily limit, with 89,000 orders on the market, and almost unlimited daily limit; ‘Lanshi Heavy Equipment’ failed to continue the strong performance at the end of last Friday, and directly opened 4% lower by inertia, which disappointed the short-term investors who paid attention to this stock.
‘Quantong Education’ opened 7% higher, and the active buying was very strong at the initial market.
‘Shanghai Steel Union’ opened about 5% higher, still leading the market, and a group of ‘old monster stocks’ that performed strongly last Friday.
‘Shanghai Sanmao’ opened about 3.5% higher, and there was a divergence between long and short funds at the initial market.
The stock price of ‘Chengfei Integration’, under the influence of the sharp low opening of ‘Lanshi Heavy Equipment’, opened directly 7% lower, continuing to refresh the new low of the adjustment. At the same time, the stock price position was also lower than the limit price set by the stock yesterday, burying the group of funds that had bought the bottom of this stock in the intraday yesterday.
'Flush' opened lower by 1.12%; 'Oriental Fortune' opened lower by 1.03%; 'Great Wisdom' opened lower by 1.26%; these three 'Three Musketeers' stocks in the Internet financial sector still maintain a weak and volatile pattern and seem to be adjusting. The form does not end easily.
The check for ‘Huagong International’ was opened 0.83% higher.
And this check has become the only popular stock among the entire "big infrastructure" heavyweight stocks that opened significantly higher.
'Huaxin Securities' opened lower by 0.51%, 'Western Securities' opened lower by 0.62%, 'Founder Securities' opened lower by 1.13%, 'Pacific Securities' opened lower by 0.44%, 'Hua Investment Capital' opened lower by 0.39%... The entire securities All the stocks in the sector's popular components opened lower, but the overall lower opening range was not large. The initial active buying funds and the intensity of acceptance were relatively acceptable, and there was a certain degree of bullish resilience.
"With this situation... the index will probably open lower!"
At 9:17, in the Magic City, inside Zexi Investment Company, in the main fund trading room, Zhou Kan stared at the opening of the initial call auctions of the two cities, frowned slightly, and said: "I don't know if we can stabilize the 3400 point , the external market trend is cloudy. If this point is broken and everyone's expectations are completely shattered, the downward adjustment space will be fierce. "(End of Chapter)