Chapter 884 Bull Market Expectations Begin to Weaken!

Finally, when 11:30 p.m. arrived.

The Shanghai Index, Shenzhen Index, and ChiNext Index all fell back a lot, and the core themes such as "big finance", "big infrastructure", and "military industry", the corresponding industry sectors, concept sectors, and many popular stocks and weighted stocks, also fell sharply near noon, and there was a relatively concentrated selling squeeze.

On the contrary, the concept theme sector of "film and television media" continued to be independent of the core themes of the two cities, and continued to show a strong upward trend.

And the core themes of "big consumption", "mobile Internet", and "smartphone industry chain".

There are also relatively low-level "nonferrous cycle", "petrochemical", "coal" and other weak themes.

In the near noon stage, some active buying orders were welcomed, and the performance was relatively stronger than the falling "big finance", "big infrastructure", and "military industry" themes.

Faced with such a closing situation in the two cities at noon.

A large number of investors inside and outside the market were somewhat disappointed.

"What's going on? Why does the market change so quickly? I finally caught up with a lot of securities, but I didn't expect to lose money again at the midday close."

Amidst the heated discussions of countless investors.

Among the investors gathered in the discussion area of ​​the trading platform, some people sighed helplessly.

"Is the rebound of the main lines of 'big finance', 'big infrastructure', and 'military industry' over? It shouldn't be, right? It didn't last for half a day?"

"The speed of this rotation is just like an electric fan."

"Alas, it feels that 3600 points are still unstable."

"Will 'big finance' be a trap today? Look at this pattern..."

"It is obvious that it is a trap. At least for now, the main lines of 'big finance', 'big infrastructure', and 'military industry' have not reached the bottom."

"Fuck, it's so poisonous. I bought the bottom and was buried again."

"Every day, it's either a high and a low, or it's a low opening and a low closing. The recent market trend is really problematic. Isn't it said that this is a bull market? How can this be a bull market?"

"It can't even stand at 3600 points. The pattern of a bull market , I really have doubts. "

"The major institutions said that the index would reach 4,000 points by the end of the year. Now it seems... it is simply impossible. I think it is good to maintain the fluctuation range of 3,500 to 3,600 points."

"Can you trust the words of the institutions?"

"It's strange that you can trust them. Institutions and machine dogs, their words are the opposite of the market trend."

"Trust the institutions and lose half."

"Alas, I entered the market last week and have lost 20%. I came in because the institutions collectively sang bullishly. I didn't expect... to take over the market as soon as I came in."

"Oh my god, this trend... I feel that the market will continue to fall in the afternoon!"

"What should I do? I have reached the highest point in the market."

"The core themes of 'big finance', 'big infrastructure', and 'military industry' are hopeless, but the 'film and television media' line is indeed very strong. !”

“Indeed, it looks like the only bright spot in the two markets.”

“Especially the concept theme sector of ‘Internet online education’ is so strong that the stock ‘Quantong Education’ has been on the board for three consecutive times.”

“I feel that the check ‘Quantong Education’ has the signs of becoming the concept leader of the two markets.”

“Three boards have been fixed, so it should be the concept leader of the two markets, right?”

“We have to wait and see, but at this time, the risk of chasing the check ‘Quantong Education’ is definitely much lower than the risk of chasing the two checks ‘Lanshi Heavy Equipment’ and ‘Huake Shuguang’.”

“The outdated leader is worse than a dog. The two checks ‘Lanshi Heavy Equipment’ and ‘Huake Shuguang’ are really weak now. Alas... I don’t know if there is still hope for these two checks. I bought a lot of ‘Lanshi Heavy Equipment’ chips at the bottom this morning. Although It is said that it is still profitable now, but I don’t know if it can be safely sold tomorrow. "

"It’s hard to say. The check of "Lanshi Heavy Equipment" fell back very quickly near noon."

"Is it mainly affected by the main line of "national defense and military industry"? "

"Speaking of the core main lines of "big finance", "big infrastructure" and "military industry", has the underlying investment logic changed? Is there really no hope of reversing the trend in the future? "

"I don’t know about this. At least for now, the selling pressure is very high. "

"Alas, in the final analysis, it is still these main lines. There has been too much increase in the past, and there are too many accumulated profit-taking orders in the market. For a while, there is no way to quickly clear the vitality chips, and the profit-taking orders cannot be quickly cleared. Then the subsequent funds that take over will naturally be very hesitant. "

"Yes, the increase is too much, which is the root cause. "

"Why do I feel that it is affected by the large-scale selling of the main institutions of the "Yuhang system" headed by General Manager Su? ”

“The two core themes of ‘big finance’ and ‘big infrastructure’ have market values ​​of trillions or even tens of trillions. President Su doesn’t have that much power, right?”

“President Su was able to trigger a continuous plunge in the core themes of ‘big finance’, ‘big infrastructure’, and ‘military industry’ because these core themes were already in the position of adjustment, not because of the selling of the ‘Yuhang system’ headed by President Su. These core themes fell.”

“Yes, the selling of funds from the ‘Yuhang system’ headed by President Su was just an inducement.”

“Recently, the funds of President Su’s ‘Yuhang system’ have completely disappeared from the Dragon and Tiger List. I don’t know what’s going on?”

“What else can it be? The reduction of positions must have been completed.”

"It must be a big reduction in positions, but it is strange that there is no further buying."

"This shows that the main funds of the 'Yuhang Department' managed by President Su are currently...still bearish on the stock market."

"I agree. I feel that the 'Yu Hang Group' headed by Mr. Su is definitely continuing to be bearish on the stock market. Alas... so many institutions in the industry feel that they are far less powerful than Mr. Su in terms of understanding the market and judging market trends. ”

"That's for sure, otherwise why would so many institutions be harvested by President Su?"

"If the core main lines of 'big finance', 'big infrastructure' and 'military industry' still cannot support the market at this stage...then does it mean that in the subsequent market trend, its core hot spots will be And the main line market will return to the main line areas such as 'big consumption', 'mobile Internet', and 'smartphone industry chain'? "

"Is this a high probability? It feels like the core lines of 'big finance', 'big infrastructure' and 'military industry', as well as the core lines of 'big consumption', 'mobile Internet' and 'smartphone industry chain', have already A seesaw effect has formed. In the last ten minutes of midday closing, a number of major financial groups in the two cities have also concentrated on 'big consumption', 'mobile Internet' and 'smartphone industry chain'."

"However, I still think the 'film and television media' line is stronger."

"Yes, at this time, I would rather be in the 'film and television media' line than pursue the two main lines of 'big finance' and 'big infrastructure'."

"With such a strong volume performance in early trading, I didn't expect that there was still no sustained rebound trend."

"This market trend shows that the Shanghai Stock Index's support at 3,600 points is not strong enough."

"The main reason is that there is no resonance between market sentiment and funds."

"The two core themes of 'big finance' and 'big infrastructure' feel that they can no longer focus on stimulating market sentiment and guide the market to continue to break upward."

"Isn't it mainly because the chip structure of the two core main lines of 'big finance' and 'big infrastructure' is fragmented?"

"Yes, I also think that the profit margins on the two core lines of 'big finance' and 'big infrastructure' are too heavy, and there is no possibility of returning to the upward trend at present."

"But I think there are still no problems with the underlying investment logic of the two core lines of 'big finance' and 'big infrastructure', right?"

"I don't think there's any problem either."

"If this is a bull market, then the securities sector will definitely continue to rise."

“But is this still a bull market?”

"If the Shanghai Stock Index can stabilize near 3,500 points, it will be a bull market. If it cannot stabilize, then the logic of the bull market may be loosened."

"That is to say, if the Shanghai Stock Index cannot stabilize at 3,500 points, then the securities sector, oh, no... the entire 'big financial' main line sector, will continue to fall?"

"It's very possible."

"Now the whole main line of 'big finance' is to kill expectations, and it is possible to kill logic in the future."

"It's okay to kill expectations, but I'm afraid of killing logic. After all, if you kill expectations, you can still have a bottom. If you kill logic... you really can't see where the bottom will be."

“All in all, it’s always right to avoid the ‘big financial’ sector at this time.”

"Yes, even if there is no problem with the logic of the bull market, there is no problem in waiting a month or two until the logic of the 'securities' sector becomes clearer and the performance becomes clearer before participating."

"Last year's market trend was that the Shanghai Stock Exchange Index did not move, but the ChiNext Index almost doubled. This year's market trend was that the ChiNext Index almost did not move, but the Shanghai Stock Exchange Index almost doubled. Looking at it this way... I feel that the core of the market behind it is falling. Point, there is a high probability that it will be in the field of small and medium-cap growth stocks dominated by the GEM index.”

"Yes, for now, the probability of gaming is definitely higher for small and mid-cap growth stocks."

"No matter how the market changes next, there is a high probability that small and mid-cap growth stocks will be stronger than heavyweight stocks. After all, the profit margin of small and mid-cap growth stocks is much smaller!"

"It's not just about profit margins, but also about the adjustment cycle and chip structure. It's much better than heavyweight stocks."

"That's true."

"In short, in the face of uncertainty, it is always right to avoid the main line of 'big finance'."

“However, today’s trend of the three core stocks in the ‘Internet Finance’ sector, ‘Great Wisdom, Flush, and Oriental Fortune’, is not weak, and I feel that there is the possibility of a continued rebound.”

“I feel that the trend of the ‘Internet Finance’ sector is somewhat different from that of the ‘Securities’ sector.”

"It's the same. The logic behind the strength of the 'Internet Finance' sector before was still the expectation of a bull market. Now the bull market expectations have weakened, and the underlying logic of the bull market has begun to loosen. The expectations of the 'Internet Finance' sector, as well as the fundamentals, are definitely still the same. There will be a shift that will lead to a reversal.”

"At present, the relatively safe sector is definitely 'film and television media'."

"In the 'film and television media' sector, expectations are indeed the strongest at present, but... I feel that the valuation is not cheap, and I still feel a little reluctant to make a move."

“Can the valuation of growth stocks be the same as that of heavyweight stocks?”

"Everyone, how about this check from LeTV?"

"If the line of 'film and television media' is going to continue to be hyped by major funds, then I think the check for 'LeTV' will definitely be unavoidable."

"The check from 'LeTV' is pretty good, I believe Mr. Jia."

"The two stocks of 'Guangguang Media and Huace Film and Television' should be very strong."

"No matter what, if you want to buy stocks at this time, the 'Film and Television Media' line must be better."

With the heated discussions of a group of retail investors gathered on the trading platform and the heated discussions of the entire network investor group.

The one and a half hour break at noon was fleeting.

Unconsciously, it was 1 o'clock in the afternoon. After the two markets were suspended for an hour and a half, they once again ushered in a continuous bidding trading period after the continuous noon mood brewing.

As soon as the market resumed trading.

The Shanghai Index, Shenzhen Index, and ChiNext Index continued to fall rapidly under the influence of the noon mood.

In addition, the relevant industry sectors and concept sectors in the core main line areas of 'big finance', 'big infrastructure', and 'military industry', as well as a number of popular stocks and weighted stocks that showed a strong rebound in the morning, were once again squeezed by concentrated selling forces.

At 1:01, in just one minute, the daily increase of the Shanghai Stock Index was reduced to less than 1%.

At 1:02, the daily increase of the two major industry sectors, securities and defense industry, was reduced to less than 1.5%. At the same time, the main funds trading trend of the weighted stocks in the securities sector, such as Huaxin Securities, Huatai Securities, Huatong Securities, etc., has changed from the previous net inflow trend to a net outflow trend.

At the same time.

The "Film and Television Media" industry sector index, which has attracted much attention from the market, has risen sharply and instantly squeezed into the top position of the industry sectors in the two cities. The daily increase of its industry sector index has even jumped over the 3% increase position, showing an extremely strong breakthrough pattern.

And a number of concept sectors and weighted stocks in its sector.

After the opening of the afternoon, it quickly ushered in a wave of concentrated long funds, causing LeTV, Huace Film and Television, Enlight Media, Huayi Brothers, etc., and other stocks to soar to more than 3% of the daily increase.

At 1:03, related concept theme sectors such as "Internet online education", "mobile games", "film and television production", and "celebrity participation" all moved again, and began to occupy the top positions in the growth list of concept theme sectors in the two cities. Among them, "Internet online education" began to set off a daily limit wave. Many stocks in the sector, under the extremely aggressive buying funds, soared to a market increase of more than 7%. (End of this chapter)