Rebirth of the Investment Era

Chapter 800 The Loosening of the Chip Structure Within the Market!

"This market trend... is indeed a bit beyond expectations." Hearing Zhou Kan's exclamation, Xu Xiang, who was sitting next to Zhou Kan, squinted his eyes and looked at the fierce trading in the two markets, and responded, "But the more the sharp rise of the squeeze continues, the more it shows that the market is not far from the possible extreme adjustment."

"Boss, what do you think the Shanghai Composite Index will reach this time?" Zhou Kan asked, "Will there be a chance to reach 4,000 points?"

Xu Xiang pondered for a while and said, "No one can accurately predict where it will rise. It depends on the market's emotional reaction and the general expectations of investors. The current stage is already the hottest node of emotions and expectations. The Shanghai Composite Index can continue to squeeze to where it will rise. It depends on how long this extreme hot mood can last.

But I think this extreme hot mood should be difficult to last for a long time.

After all, the index is so aggressively forced to short.

Investor expectations in the market are very rapid.

Just like at the moment, the vast majority of investors should expect the Shanghai Composite Index to be able to break through the 4,000-point mark without obstacles and continue to do so quickly.

However, too consistent expectations, too rapid accumulation of profit-taking and unwinding.

Once the market trend is slightly less than expected, or the release of good news is slightly less than expected.

Then, the market trend and everyone's emotional reaction will be difficult to maintain this extreme situation.

And once the mood drops slightly.

Then, the huge potential short-selling force that has accumulated in the market will quickly sell chips in a concentrated manner under the loosening of expectations, forming a comprehensive suppression of the development of the market.

So, the market trend under this extreme emotion.

Although it is the most profitable It is a fast stage, but it is also a stage where potential risks accumulate rapidly and it is very likely to cause a huge retracement.

At this time, if you are too greedy.

There is a high probability that a large amount of excess profits obtained before will be returned to the market.

Of course, although the potential short-selling power of the market is surging, and after this extreme sentiment declines, the market may have an overly extreme adjustment trend.

But from a long-term macro perspective, there is no need to be pessimistic.

After all, in the overall situation, the heavy locked-in chips of the entire market have been completely loosened in this continuous month of continuous rise and rapid expansion of volume. In addition, the fundamentals of many main-line stocks in the market have indeed reversed comprehensively, with solid investment logic and stock price support.

Furthermore, although the growth rate of market volume has begun to gradually weaken.

But the new investor group entering the market The number of entities and the number of fund groups are still increasing.

In this situation, even if the market undergoes extreme adjustments, they should be benign adjustments. "

"That is to say... the bull market pattern of the market should still be able to continue, right?" After listening to Xu Xiang's analysis, Zhou Kan said, "In that case, should we continue to maintain the previous way in our current trading strategy? Should we make some adjustments?"

Xu Xiang pondered for a moment and said: "The core main line chips of 'big finance', 'big infrastructure', and 'military industry' held by our main fund products, in addition to the current trend that continues to outperform the market index, are also rapidly gathering the core leading stocks undertaken by the main fund groups. Other main line stocks that have continued to experience net outflows of main funds and have begun to gradually flatten the upward trend slope, should stop profits at this stage.

As for the holdings of stocks that are not in the popular main lines of 'big finance', 'big infrastructure', and 'military industry'

For stocks that have followed the market index to squeeze out and have continued to rise sharply, they can also appropriately reduce their positions and stop profits to further reduce their holding costs.

As for the corresponding stocks that are still hovering at the bottom and have not followed the market index to rise sharply in this round, they can be held and continue to wait for the market style to switch.

In the main rising stage under extreme market sentiment.

Generally speaking, stocks in the main line field will have a continuous siphoning effect of funds of "the strong will become stronger and the weak will always be weaker".

In other words, the main line hot stocks with extremely high market attention and investor participation may continue to set new highs before the market sentiment completely declines, and their upward trend slope may continue to rise, but other main line stocks that have been stopped by funds in large quantities will find it difficult to get the continuous attention and acceptance of a large number of main fund groups at this stage, and naturally it will be more difficult to hit a new plate height than a group of hot stocks.

On the contrary, in this stage, the corresponding stocks in the non-hot main line field.

Due to the continuous siphoning effect of a group of hot main line stocks on the active main fund groups in the market.

Among the non-hot main lines, stocks with high trading activity and at a relatively high position are more likely to be siphoned by the main line hot stocks.

Then the non-main line weak stocks that have not risen much and have greatly underperformed the market index.

There are no active main capital groups on the market.

In addition, these stocks basically have no profit-taking, and the desire of the funds in the market to dump the market is not great, so at this stage... these weak stocks are less likely to be further siphoned by the continued rise of the main line hot stocks, that is to say, their relative market trend will be more stable. "

"I understand!" Zhou Kan nodded after listening to Xu Xiang's explanation.

Then, while the market was still squeezed and rising, he turned around and issued new investment strategies and trading instructions to several groups of traders in the trading room.

And as the investment strategies and trading instructions changed, they were reflected on the market...

As the market trading time went on, after the trading time of the two markets entered 1:40, the Shanghai Composite Index reached a daily increase of 2.13%. When the Shanghai Composite Index further approached 3600 points and reached a maximum of 3591.28 points, it once again encountered huge market resistance.

At 1:41, the Shanghai Composite Index turned around and slid from the 2.13% increase.

At 1:42, the A50 Index followed and also turned around and retreated from the 2.89% increase in the day.

At 1:43, the industry sector indexes of the popular main fields such as "big finance", "big infrastructure", and "military industry", as well as the related "securities, banks, insurance, building decoration, building materials, commercial real estate development, steel, public transportation, non-public transportation, national defense and military industry...", also turned around and showed a retracement trend.

At 1:44, the "Internet finance" sector index, after reaching a daily increase of 5.15%, also retreated to below 5%.

At 1:45, "Hengsheng Electronics", which had already reached the daily limit and sealed the daily limit, exploded.

At 1:46, "Huaxin Securities" slipped from the daily increase of 7% to the 6% increase, and the intraday time-sharing volume also showed signs of amplification again during the decline in stock prices.

At 1:47, the Shanghai Composite Index fell back to a 1.93% increase, losing the 2% increase mark. At the same time, the distance from 3,600 points was once again pulled away.

At 1:48, the two heavyweight stocks, ‘China South Locomotive and Rolling Stock Corporation and China North Locomotive and Rolling Stock Corporation’, retreated and fell below the 5% increase mark.

At 1:49, the net inflow of main funds in the ‘Securities’ sector, which had a maximum increase of 3.973 billion, also began to gradually reverse, and its net inflow of main funds fell from 3.973 billion.

At 1:50, the intraday volume of the two markets continued to expand, and the selling force increased.

At 1:51, the intraday increase of ‘China Construction’, a core hot stock, fell below 5%. In more than ten minutes, it plunged by more than 2.5 points, and the transaction volume of this check at this moment was also enlarged to about 6.5 billion, continuing to rank second in the transaction volume rankings of the two markets.

At 1:52, the stock prices of the popular core stocks in the "National Defense and Military Industry" sector, such as "China Airlines Shenyang Aircraft, China Airlines Xi'an Aircraft, Northern Navigation, Aviation Power, etc.", also fell sharply, and the "National Defense and Military Industry" industry sector index also fell from the highest 3.89% increase to below 3% at this time.

At 1:53, "Hua Shang Securities", which had once closed the daily limit, broke the board, and the intraday volume rapidly increased.

At 1:54, in the "new stock" sector, the "new stock" sector index also showed a downward adjustment.

At 1:55, "Leiman Optoelectronics" broke the board, and the entire "sports industry development" concept sector weakened, and a large number of main selling orders of thousands and tens of thousands of hands began to appear on the component stocks related to its concept sector.

At 1:56, "Hua Guo Zhongye" showed a trend of breaking the board, and more than 180,000 main orders on its daily limit were eaten up by the main selling orders.

At 1:57, a large number of "Hua" infrastructure heavyweight hot stocks such as "China Construction, China Railway Construction, China Communications Construction, China Construction, China South Locomotive, China Northern Locomotive, China Baosteel, China New Building Materials, etc., continued to fall, and the trading volume also showed an amplified trend again.

At 1:58, the Shanghai Composite Index fell back to a 1.85% increase.

At 1:59, the A50 Index retreated to a 2.5% increase.

At 2:00 p.m., the net inflow of the main funds in the entire "Securities" sector has fallen below 3 billion, and the net inflow of the main funds in the entire "Big Finance" main line field has also fallen from the highest 7.5 billion mark on the market to the current 5 billion.

At 2:01, "Oriental Fortune" exploded and fell, and the stock price fell to a 7.52% increase.

At 2:02, the intraday gains of the Shenzhen Index and the ChiNext Index began to show a trend of straight-line diving, and the gains fell back to 1.25%.

At 2:03, in the field of "new stocks", a recent new stock called "Eger Technology" suddenly showed a trend of extremely serious loss effect.

At 2:04, the intraday gains of "new stocks" shrank rapidly again.

At 2:05, with the collapse of "Eger Technology", a large number of recent new stocks were greatly affected. At one time, at least 4 recent new stocks exploded.

At 2:06, the Shanghai Composite Index further fell back to below 1.80%.

At 2:07, the daily limit orders of "Tonghuashun" began to decrease rapidly, and the selling power on the market increased sharply.

At 2:08, the net inflow of major funds in the entire "Securities" sector had fallen back to around 2.1 billion. In a short period of time, more than 1 billion of major funds were sold on a large scale on the market.

At 2:09, when the intraday trading volume of "Huaxin Securities" hit 9 billion, the intraday increase retraced and fell below the 5% increase mark.

At 2:10, the intraday increase of Huashang Securities, which had been blasted, further dropped to 6%.

At 2:11, the intraday trading volume of the entire "securities" sector hit the 110 billion mark.

At 2:12, in the process of rapid expansion of market time-sharing capacity, it can be seen that the active capital groups in the entire market are still related to popular main fields such as 'big finance', 'big infrastructure', and 'military industry'. The market is further concentrated on popular stocks, and the capital siphoning effect in the market is still intensifying.

At 2:13, the Shanghai Stock Index fell back to a gain of 1.70%.

At 2:14, the near-end sub-new monster stock 'Huake Shuguang', which had originally sealed its daily limit and emerged from a strong rebound, suddenly appeared in a bursting pattern.

At 2:15, landlords continued to sell tens of thousands of large orders. On the market of the stock 'Huake Shuguang', there was a large-scale sell-off, causing the stock price to fall straight from the daily limit to near the 7% increase position.

At 2:16, with the explosion of the "Huake Dawn" check, a number of popular concept stocks that had their daily limits all experienced a certain degree of market loosening in the entire market.

At 2:17, the "Blue Stone Reload" check, which is expected to be the best in terms of market sentiment and long-term consensus, also had continuous 5,000-lot selling orders on its daily limit. Fortunately, the check had a larger closing order. , the temporary market volume can be loosened, and it did not cause this stock to explode.

At 2:18, the GEM index fell below the 1% increase mark during the day.

At 2:19, the A50 index quickly retreated to a 2% increase.

At 2:20, the Shanghai Stock Index fell back to a gain of 1.65%.

At 2:21, the main net inflow of funds in the entire 'Big Finance' main line field has fallen back to the 2.7 billion mark, and continues to decrease sharply. It seems that the main chip structure of the entire 'Big Finance' main line field has begun to emerge. Noticeably loose.

At 2:22, the Shanghai Stock Index started to rise at an increase of 1.63%.

At 2:23, under the continuous attack of tens of thousands of large orders, the stock price of ‘Huake Shuguang’ also hit the daily limit again from the 6.76% increase position on the market.

At 2:24, ‘Huake Dawn’ closed its daily limit, saving the entire ‘sub-new stock’ sector from almost collapsing.

At 2:25, 'Huaxin Securities, Huashang Securities, Huatong Securities, Huashang Bank, Huatong Bank...' and other 'big financial' mainline weight stocks, as well as 'Huaguo Construction, Huaguo Railway Construction, Huatong Bank...' Heavyweight stocks in the main line of 'big infrastructure' such as China Communications Construction Company, China State Construction Engineering Corporation, MCC, CSR, CNR, Baosteel, Huaxin Building Materials, etc., have begun to gradually rebound and slowly recover these stocks. The diving trend lasted for more than half an hour.

"Hey, at 3600, it seems the pressure is still quite high."

At around 2:30, in the Magic City, inside the Principal Financial Investment Company, in the 'Future Investment Mixed Selection' fund product trading room, product fund manager Zhao Zhongming watched the Shanghai Stock Index, and even the entire market, fall into a late-day surge and fall again, with heavy volume. After that, the familiar trend of shrinking and oscillating volume returned, and he couldn't help but sigh and said: "It seems that we still can't be too anxious, nor can we expect too high. We have to give the market more time to let the bullish sentiment and long-term confidence rise." , just ferment it further!" (End of this chapter)

Chapter 800/889
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Rebirth of the Investment EraCh.800/889 [89.99%]