Chapter 816 Invisible Pressure From the Market!

At the same time, the intraday increase of the check of ‘Huaguo Construction’ also rapidly exceeded 6%, showing a trend of rising volume and price.

In addition, the core weighted leading stocks of the entire market, ‘big finance’, ‘big infrastructure’, and ‘military industry’, also showed a trend of rising volume and price at this moment.

It seems that the active main capital groups in the entire market are all shifting positions to these core main line areas on a large scale.

And in this case, the core main line weighted leading stocks continue to move abnormally.

At 1:40, the Shanghai Composite Index reached a daily increase of 2.37%, once again setting a new high on the market and a new high for the year. At the same time, the A50 Index has completely stood on the 3% intraday increase mark.

At 1:50, the trend of the core main line weight leading stocks and the trend of other non-core main line hot stocks further widened. When a large number of "Hua" main line weight stocks such as "Huaxin Securities, Huashang Securities, Huatong Securities, Huatai Securities, Huaguo Construction, Huaguo Railway Construction, Huaguo Communications Construction, Huaguo MCC, Huaguo South Locomotive, Huaguo North Locomotive... " surged by more than 5%, the number of red stocks in the two cities began to gradually decline to more than 1,600 as the trading time went on.

At 2 o'clock in the afternoon, the main line weight stocks that rose rapidly began to show a trend of large volume and stagflation.

At 2:10 in the afternoon, several core indexes in the market turned, and the Shanghai Composite Index retreated to a 2% increase.

At 2:20 p.m., the Shanghai Composite Index fell below the 2% increase. At the same time, the number of stocks in the two markets fell sharply again, falling back to about 1,400. In the entire market, at this time, the market speculation of the main line hot concept stocks also began to cool down.

At 2:30 p.m., the intraday increase of the A50 Index fell below 3%.

At 2:40 p.m., after the active capital groups in the market were fully siphoned by the weighted leading stocks related to the core main lines of "big finance", "big infrastructure" and "military industry", the stocks related to other main lines plunged more fiercely.

At 2:50 p.m., the number of stocks in the two markets fell back to more than 1,300, and in this half hour, more than 15 stocks that hit the daily limit had achieved a breakout.

Finally, when 3 p.m. arrived, the two markets ushered in the final closing moment.

The Shanghai Composite Index finally settled at a 1.76% increase. The Shenzhen Composite Index and the ChiNext Index rose by 1.07% and 0.93% respectively, still much weaker than the Shanghai Composite Index.

As for the SME Index and the A50 Index, the trend divergence between the two is even greater.

The SME Index rose by only 0.58% during the day, while the A50 Index rose by 2.59%.

From the intraday performance of the major indexes, it can also be seen that the main market convergence point is on the core main line heavyweight stocks dominated by the A50 Index constituent stocks.

In addition to the performance of the major indexes on the market...

Today, the total trading volume of the two cities reached more than 960 billion.

Although this volume has not exceeded the trillion-scale mark that everyone expects, compared with yesterday's overall market turnover, it is still in a step-by-step amplification trend.

"Ah, I didn't expect that the market would still plunge at the end of the trading day."

Looking at the final closing results of the two markets, at around 3:15, in the Magic City, in the Yinghui Fund Company, in the main fund product trading room of 'Yinghui No. 1', Liu Guanhai, the fund manager, sighed and said with emotion: "It feels that today's market is not as strong as yesterday."

Hearing Liu Guanhai's sigh, Yu Lei, the trading team leader sitting next to Liu Guanhai, nodded and said: "I think so too. It feels that the market situation is moving... more and more towards a 28-divided pattern. The three core main lines of 'big finance', 'big infrastructure', and 'military industry' can continue to reach new highs, but the other major main line areas are completely unmatched.

Such a phenomenon is not very healthy for the market trend.

Moreover, the active capital groups in the market are concentrated on 'big finance', 'big infrastructure', and 'military industry'. 'After these core main lines converged, the market trends in other main lines became worse, which also shows that the liquidity of funds in the market is not as abundant as everyone imagined.

The newly added capital group cannot fully undertake all the market trends of the major main lines.

In other words, if the index continues to break upward on a large scale, there will inevitably be great pressure.

In addition, even the leading stocks in the core main lines of "big finance", "big infrastructure" and "military industry" today are not doing well near the end of the trading day.

Many stocks have experienced stagflation.

This shows that the divergence between long and short positions is increasing.

But when I observe the investment sentiment of the market, it is still hot, and I don't know who is selling the chips of these stocks at this position. "

When the market capital capacity, especially the new capital capacity, cannot be further expanded on a large scale.

Also when the overall market turnover has not expanded on a large scale.

After the core main lines of 'big finance', 'big infrastructure' and 'military industry' fully siphoned off the market's active capital groups, individual stocks in other major main line areas have weakened, and there has been relatively heavy selling. He can understand this. Yes, after all, for the vast majority of investment funds in the market, under the stimulation of extreme money-making effects, everyone is like moths flying to the flame, determined to get rid of stocks with low money-making effects, or no money-making effects at all. , focus on adjusting positions to embrace popular leading stocks with strong money-making effects.

After all, only in this way can we earn excess profits from the market and outperform the market.

However, under the ultimate money-making effect, when a large number of active capital groups on the market flock to these core main line weighted leading large-cap stocks.

In the late trading period, these core and main line leading large-cap stocks also showed a general trend of heavy volume and stagnation.

There was a relatively heavy selling force.

He didn't quite understand this.

Because according to market logic, under the extreme money-making effect, under the support of still relatively consistent long sentiment, investors holding positions on the market, at this time, the vast majority of long position holders should choose to continue to lock their positions, or in other words It's better to sell in small amounts and let the profits from the position continue to run.

Just like their agency's choice at this moment.

However, judging from the late trading results, the market performance was not what he expected.

And this made him feel something was wrong even more. He felt that the market trends of the two markets seemed to be turning from strong to weak, and had re-entered the risk game stage.

When Liu Guanhai heard Yu Lei's interpretation of the late trading trends of the two cities, he frowned slightly and said, "The diving trend at the end of today's trading is indeed a bit strange."

"It has already been a late dive for two days in a row." Yu Lei emphasized.

Liu Guanhai nodded slightly, glanced at the background data on the fund's main control computer, smiled again, and said, "However, the net value of our fund products has reached new highs in the past two days."

"So... what is Mr. Liu's opinion on the next market trend?" Seeing him mention the performance of the fund's net value, Yu Lei's heart moved and he couldn't help but ask, "Should we continue to hold positions and let profits run, or should we gradually reduce positions and stop profits? Avoid possible market correction risks?” (End of Chapter)