Chapter 789: Market Trend of Rising and Falling!

However, among many stocks, a number of core mainline industry sector indexes and concept sector indexes have set new highs, and a number of popular leading stocks in the market have further hit the daily limit.

The intraday trading volume of the two cities, after a short-term surge, is obviously a bit weak.

At 1:10, the market indexes that have risen across the board, as well as the mainline industry sector and concept sector indexes, have begun to rise and fall.

At 1:20, the Shanghai Composite Index fell back to the point at the morning closing, fully recovering the gains after the afternoon opening.

At 1:30, the number of stocks that hit the daily limit in the two cities fell from a maximum of 138 to 109. When the intraday volume cannot maintain continuous growth, or maintain a continuous high level, the money-making effect of the two cities has obviously fallen compared to the beginning of the afternoon trading.

At 1:40, the Shanghai Composite Index continued to fall, losing the intraday increase of 1.5%.

At 1:50, the original limit-up ‘Tonghuashun’ was broken, and the stock price fell rapidly to a 6-7 point increase. Moreover, due to the fall of ‘Tonghuashun’, the core leading stock of the ‘big finance’ main line in the market, many popular leading stocks in the market also followed suit. For a while, the whole market, the profitable short-term funds group, all began to reduce their positions on a large scale to stop profits, causing the selling power of many popular stocks to increase sharply, and the upward pressure on the market became greater and greater.

At 2 o'clock in the afternoon, the Shanghai Stock Index had fallen back to a 1.35% increase.

At the same time, after the breakout, ‘Tonghuashun’ hit a minimum intraday increase of 4.77%, and then quickly rose to about 7%, and gradually maintained in a range of about 5% to 7%.

There is also the entire ‘big finance’ main line.

At this time, the net inflow of major funds in the securities, banking, and insurance sectors also decreased significantly compared with the morning, and the net inflow of funds has changed from 4.656 billion half an hour ago to 2.789 billion. This shows that in this half hour, many major funds in the market have begun to reduce their positions on a large scale to stop profits. It also shows that in this half hour, the main funds that actively bought in are significantly smaller than the main funds that actively sold.

At 2:10, the Shanghai Composite Index began to gradually counterattack after diving to a 1.17% increase.

At the same time, ‘Lanshi Heavy Equipment’ continued to maintain the daily limit; ‘Huake Shuguang’ has fallen back to the intraday flat position and fluctuated; ‘Tonghuashun’ still maintained a 5% to 7% increase range; ‘Dazhihui’ followed the trend and exploded, but the height of the market increase was slightly stronger than ‘Tonghuashun’; the daily stock price increase of ‘Dongfang Fortune’ has fallen back to about 3.5%, and its market decline pattern is still intensifying.

Core themes and corresponding core industry sectors.

Although the ‘Securities’ and ‘Internet Finance’ sectors still lead the industry sectors and concept sectors in the two markets, the intraday gains of the two sector indexes have also fallen back to below 3.5%.

As for the industry sectors and concept sectors related to the two core themes of ‘Big Infrastructure’ and ‘Military Industry’, which are behind the ‘Securities’ and ‘Internet Finance’ sectors.

There are also the ‘New Stocks’ sector, which once showed a strong money-making effect, and the ‘Film and Television Media’ sector.

Its decline and fall is more serious than that of the securities and Internet finance sectors.

In terms of indexes, the decline of the Shenzhen Index, the ChiNext Index, and the Small and Medium-sized Index is also much greater than that of the Shanghai Index and the A50 Index.

This shows that in the intraday dive adjustment of the market, its capital preference, as well as the safe-haven areas considered by the main capital, are still biased towards the main board heavyweight large-cap blue-chip stocks and blue-chip stocks dominated by the core themes of ‘Big Finance’, ‘Big Infrastructure’, and ‘Military Industry’.

At 2:20, the market, which had been rising and falling, began to recover in all aspects.

However, in terms of volume performance, while the market gradually recovered and recovered, there was still no obvious continuous expansion trend, maintaining a low level of intraday time-sharing volume.

At 2:30, the Shanghai Composite Index gradually fluctuated and rebounded to a 1.4% increase in the day.

At 2:35, ‘Tonghuashun’ tried to close the daily limit, but due to the excessive active selling force on the board, its stock price was still not completely closed after hitting the daily limit again, but the stock price began to rise further to a range of 8% to 9% increase.

At 2:40, the number of stocks with daily limit, including stocks with one-line daily limit, fell below 100 in the two markets.

At 2:45, ‘Huaxin Securities’ stock price rose to 3% while the daily turnover continued to reach 10 billion.

At 2:50, the turnover of the two markets exceeded 920 billion. Compared with yesterday, there was no large-scale expansion.

At 2:55, the Shanghai Composite Index fluctuated between 1.37% and 1.45%.

Finally, when 3 o'clock in the afternoon came, the two markets officially closed...

The Shanghai Composite Index was set at a 1.38% increase, while the Shenzhen Composite Index and the ChiNext Index rose by 0.89% and 0.69% respectively. Among them, the SME Index rose by only 0.57% during the day, and although the A50 Index could not avoid the trend of falling during the day, it still closed at a 1.86% increase, which was still significantly stronger than the performance of other core indexes in the market.

In addition to the index, other core market lines, a number of industry sectors and concept sectors performed well.

'Big Finance', 'Big Infrastructure', 'Military Industry', 'New Stocks', 'Film and Television Media'... these popular main lines are still leading the main lines of the two cities, and overall, the main capital groups in these core main line areas are still in a net buying state.

Among them, the main line of 'Big Finance'.

The securities sector index closed up 2.89%, and 2 stocks in the sector maintained their daily limit, and 4 stocks maintained a 7% increase; the Internet finance sector index closed up 3.49%, and 4 stocks in the sector maintained their daily limit, and 7 stocks had a daily increase of more than 5%.

As for the two major weighted sectors of banking and insurance.

There are only 6 stocks in these two sectors, which maintained an increase of more than 5%.

However, although there are not many constituent stocks with an increase of more than 5%, except for a few of them, the rest of these constituent stocks have basically outperformed the intraday increase of the Shanghai Stock Exchange Index, which can be regarded as the strong core industry sector in the two cities, and can also be regarded as the industry sector with a strong money-making effect in the two cities.

The main line of "big infrastructure".

The funds are mainly speculating around the two core concept themes of "New Era Road, Maritime Silk Road" and "Eurasian Economic Belt".

Therefore, the increase of infrastructure stocks with the word "Hua" is obviously stronger than other infrastructure concept stocks.

In terms of the increase of the sector, the major industry sectors of building decoration, building materials, non-public transportation, and mechanical equipment are at the forefront of the increase of the relevant industry sectors in the entire "big infrastructure" main line.

The main line of "military industry".

The main speculation direction of funds is "military industry asset restructuring" and "nuclear power".

Among them, the increase of the two major related concept sectors of "domestic large aircraft" and "nuclear power" is at the forefront of the increase of the relevant concept sectors of the entire main line.

As for the two branches of "new stocks" and "film and television media".

The increase of these two major sector indexes has outperformed the Shanghai Composite Index and the strongest A50 Index today, and the performance of the constituent stocks within the sector is also very active. Although the money-making effect is lower than the morning market, it still has a strong money-making effect.

Others, such as "big consumption", "non-ferrous cycle", "petrochemical", "pharmaceuticals", "agriculture" and other popular main lines that non-main market funds focus on, their related industry sectors, concept sectors, and a number of concept stock trends.

They basically fluctuate with the market.

There is no obvious sign of concentrated buying and concentrated selling by the main funds group.

However, due to the comprehensive closing of several major core indexes in the market, the number of red stocks at the close of the two markets remained above 1,500.

Although the related stocks in these main line areas did not show a strong money-making effect.

But the corresponding loss effect is not serious.

On the whole, these non-hot main lines still maintain a relatively light trading state, and are still in a bottom oscillation, without a clear breakthrough trend.

In addition to the performance of a number of market main lines, the two cities' investors have paid more attention to the performance of the top 20 hot stocks in the market discussion.

The top ten hot stocks...

'Lanshi Heavy Equipment' maintained a daily limit closing, and this check basically did not release any large amount in the afternoon's market trend. Its internal chips are still relatively well locked, and the profitable capital group is still relatively reluctant to raise chips.

'Tonghuashun' finally closed at an increase of 8.12%, and the intraday transaction volume, compared with yesterday, has a slightly larger trend, which shows that the current stock price position of this check, its internal long and short forces, and the differences have begun to intensify further.

‘Huake Shuguang’ finally closed at a 0.39% increase, and its intraday fluctuation still exceeded 10%, and the intraday turnover rate remained at 50%, which shows that after two consecutive trading days of huge adjustments of nearly 30 points, this check finally has some bullish support today, and has shown a certain bottoming rebound strength, making subsequent expectations no longer so pessimistic.

‘Huaxin Securities’ finally settled at a 2.83% increase, and the intraday turnover reached 11.139 billion. This turnover is not the peak of the turnover of ‘Huaxin Securities’ in the past month, but it is also a relative high point of turnover.

This weighted stock also has a large amplitude today, exceeding the 7% increase space.

And such a large amplitude and such a high turnover state.

It also basically shows that the long-short divergence within the securities sector, a sector with the most serious concentration of funds in the market, has once again intensified.

After the crash of 'Tonghuashun', 'Dazhihui' followed suit and crashed, but at the end of the day, it still strongly closed the daily limit and closed at the daily limit. At the same time, it once again occupied the position of 'Tonghuashun', the leader, and became the strongest among the three musketeers of the 'Internet Finance' sector.

'Western Securities' finally settled at 7.79%. This check also hit the daily limit position during the day, but due to the huge divergence between long and short positions, it still failed to completely close the daily limit even when the daily transaction volume exploded to 5.6 billion.

‘Oriental Fortune’ finally settled at a 3.22% increase, and the intraday trading volume, compared with yesterday, has a significant increase. Due to the huge circulation, this check has also become the weakest stock among the three musketeers of ‘Internet finance’ in this stage.

‘Shanghai Steel Union’ continued to close at the daily limit today, continuing the hype route of the ‘old demon stock’ movement. At the same time, the intraday trading volume was relatively reduced, and the consistency of its long position on the market became stronger and stronger under the condition of a relatively large decline in the market today, and its market discussion heat is also getting higher and higher.

Following the trend of ‘Lanshi Heavy Equipment’, the popular stock of the ‘military industry’ main line, ‘Huahang Heavy Machinery’ exploded and closed, and finally maintained the situation of closing at the daily limit, becoming the only two stocks with daily limit in the entire ‘military industry’ sector, except ‘Lanshi Heavy Equipment’.

‘Huagong International’ still closed at a 5.07% increase today, and this check did not fall sharply during the decline of the market trend throughout the afternoon. On the market, the main funds’ attack strength was relatively strong throughout the trading day, and the market showed a trend of getting stronger and stronger. I don’t know if there is any potential benefit.

The other ten popular stocks…

‘Huaguo Construction’ closed up 2.67%, significantly outperforming the market index, and the intraday trading volume also increased sharply, reaching 5.897 billion, ranking in the top five of the two cities’ trading volume rankings; ‘Chengfei Integration’, under the huge intraday fluctuations, finally closed down 4.33%, and the weak pattern did not change, but the trading volume increased a lot, which shows that there are still a lot of active buying funds to undertake at this position.

‘Huatou Capital’ closed up 4.37%, which was weaker than ‘Western Securities’, the leading securities stock, but significantly stronger than the market and the securities sector index. This stock also set a new recent high and a new annual high today.

‘LeTV’ closed flat, and the turnover declined.

‘Netspeed Technology’ rose slightly by 0.37%, only outperforming the SME Index. However, although this stock did not perform well today, its stock price still remained at a relatively high position, and the trading of funds was also fierce on the market. There are still many funds that are optimistic about this stock.

‘Yingkou Port’ maintained a daily limit trend, and the popularity continued to soar. It has obviously become the new leader in the hype of the two major concepts of ‘Eurasian Economic Belt’ and ‘New Era Road and Maritime Silk Road’.

‘Dalian Heavy Industry’ closed up 6.22%. Although it failed to hit the daily limit, it significantly outperformed the market and showed a strong profit-making effect, which also led to the corresponding ‘mechanical equipment’ sector and other concept stocks in the ‘nuclear power’ sector.

‘Leiman Optoelectronics’ closed up 7.39% and hit a recent high, driving the ‘sports industry development’ concept theme branch to continue to advance, with a trend of another wave and a trend of impacting the annual high or even the historical high.

‘Huace Film and Television’ and ‘Huake Jincai’ both closed with a daily limit.

Moreover, the daily limit of these two stocks today basically did not increase significantly, and their internal chip structure was relatively stable, and there is a high probability that there will be a big rise in the future.

In addition to the top 20 hot stocks in the market...

In terms of the performance of other concept stocks in the two cities, although most of the stocks have a clear trend of rising and falling during the day, overall, they are still in a continuous upward trend, and their falling trend has not destroyed the upward momentum.

Facing such a closing situation in the two cities.

Compared with the aggressive and high-pitched emotional performance in the morning, countless investor groups inside and outside the market are obviously more rational at this moment.

Although the majority of investors continue to be bullish.

However, the idea that the Shanghai Composite Index will continue to rise rapidly and charge all the way, and in the short term, it will directly point to the 4,000 point position, has obviously declined and weakened. (End of this chapter)