Chapter 295 Another Turning Point!
I only saw concept sections related to the two core popular main lines of 'mobile Internet' and 'smartphone industry chain', such as 'mobile games', 'Apple concept', 'Internet finance', 'domestic software', 'electronic information' and other concepts All sectors opened higher.
Among them, popular stocks...
Such as Fenda Technology, Huaqingbao, Changqu Technology, Wangsu Technology, Huake Financial, Hengsheng Electronics, Changliang Technology, Shanghai Steel Union, Yinjie Shares, Xinwei Communications, Inspur Software, Huaguo Software, etc. All the stocks opened higher, and Fenda Technology, Changqu Technology, and Shanghai Steel Union all opened higher with an increase of more than 5%.
In addition to these two most popular main areas.
Other fields, such as automobiles, white goods, infrastructure, real estate, semiconductors, 4G communications and other fields that performed well yesterday, are also opening higher.
Only the 'big financial' sector performed relatively weakly, while related concept sectors either opened flat or opened slightly lower.
Generally speaking, at the beginning of the call auction in the two cities, thanks to the high investment sentiment and the good news, the market has shown a relatively good profit-making effect. Among the nearly 2,000 stocks in the two cities, more than 75% Stocks are all showing a trend of opening higher.
Seeing this, it can be said that the market trend is all-round higher...
The majority of market investors are naturally excited and excited, and they have already previewed in their hearts that today's index will be high and high, with a big positive line breakthrough.
However, there is always a gap between expectations and reality.
Amidst the excitement and excitement of the majority of market investors, the subsequent performance of the market was not satisfactory.
As time went on, the gains of major popular concept sectors and their related popular stocks began to fall, and the market selling intensified.
Finally, at 9:25, the collective bidding in the two cities ended.
The Shanghai Stock Exchange Index only opened higher by 0.19%, and the Shenzhen Stock Exchange Index and ChiNext Index opened higher by less than 0.3%. Compared with the opening of the call auction in the two cities, they were completely different scenes.
And in addition to opening slightly higher, the index is obviously somewhat lower than expected.
The two core main lines of 'mobile Internet' and 'smartphone industry chain', as well as many related popular stocks, at the end of the call auction, fell significantly compared with the beginning of the call auction. Even the market paid attention to The most popular and popular stock, Fenda Technology, finally opened higher and fell back to about 2.5%.
As for other fields such as automobiles, white goods consumption, semiconductors, and 4G communications, related concept sectors and popular stocks opened higher, with gains within 1%.
At the beginning of the call auction, the performance of the ‘big finance’ field was relatively weak.
Regardless of securities, insurance, banks, etc., they all opened slightly lower in the end, and the selling on the market was quite obvious.
Seeing the opening scene of the two markets, the previously enthusiastic investors' expectations of a "big positive line" were instantly knocked down again, and they gradually became more rational.
"The call auction has been going down. Looking at this situation, it won't take another few days to adjust, right?"
"Probably not! The index has substantially reversed. At this time... the main funds should strike while the iron is hot, continue to attack, and further open up market space."
"The collective bidding trends in the two cities are indeed somewhat different from expectations."
"With continuous big positive breakthroughs, the market volume cannot keep up at all. I think there is nothing wrong with making appropriate adjustments and taking small steps upward."
"Yesterday, there was such a big positive line, and there was a lot of profit. If the market opens too high today, there will be quite a lot of selling funds, and the pressure on market funds will be quite large, so... I think the index is slightly higher. It’s best to start by digesting the profit and then slowly move up. There is no problem with today’s market trend.”
"Opening high or opening low proves nothing. Yesterday, the market opened low across the board? Didn't it also get out of the big positive line?"
"The key is to keep an eye on Fenda Technology, Wangsu Technology, LeTV, Huaqingbao, Changqu Technology...these GEM weighted popular stocks. As long as these core stocks held by Mr. Su, there are no major problems or natural disasters." If there is a large amount of capital selling, a rapid dive, or a collapse, then there is nothing to worry about.”
"Yes, the performance of leading stocks is a leading indicator of market sentiment."
"As long as there are no problems with these core popular stocks held by Mr. Su, there will be no problems with the market trend."
"No matter whether the index fluctuates or continues to rise, at this stage, there is absolutely no problem in going long or doing long..."
"Obviously, Fenda Technology, Wangsu Technology, LeTV, Changqu Technology, Huaqingbao... these stocks are going straight to new highs. Again, several major indexes have returned to the 20-day line. As long as it has not reached the previous high, then just hold the position with confidence. The key turning point for the long and short market will be mainly the pressure of the previous high position in the future. As long as that pressure barrier is broken, the upward trend will be flat again. "
"Adjust it. As long as the market dares to adjust, I dare to continue to increase my position!"
"Hey, yesterday I was worried that the price of Fenda Technology was too high and I couldn't buy it. I didn't expect that I would get the chance today."
"Indeed, luckily it didn't open too high, otherwise I wouldn't have dared to buy it!"
In the sound of everyone gradually returning to rational discussion, the brief 5-minute suspension time passed, and 9:30 arrived.
The stagnant indexes of the two cities began to beat again, and the major popular stocks also experienced intense trading in the 5-minute emotional fermentation.
At 9:32, the share price of Fenda Technology rose by more than 5%, and similar popular stocks also welcomed the rush of funds from all walks of life to buy and pull up.
At 9:35, the ChiNext Index rose by more than 1%. The core concept sectors related to the two main lines of "mobile Internet" and "smartphone industry chain" still led the two markets, and the sector's growth rate further expanded. The active capital flow in the two markets is still further converging to this field.
At 9:41, "domestic software" came from behind and rose straight up. Inspur Software rose by more than 7%.
At 9:48, when the ChiNext Index reached a maximum increase of 1.43% and the Shanghai Composite Index reached a maximum increase of 0.81%, the banking sector in the weighted field of "big finance" had a large number of selling orders for some reason, and fell against the trend, and the decline exceeded 1%.
At 9:52, due to the decline of the banking sector against the trend, it led to the "securities and insurance" also falling into the water.
At 9:53, the continued downturn of "big finance" suppressed the further spread of market sentiment, and also put strong pressure on the index.
At 9:55, the Shanghai Composite Index began to fall, and the ChiNext Index also began to turn downward.
At 10:02, the Shanghai Composite Index's increase shrank to below 0.5%, and the ChiNext Index's increase also shrank to less than 1%.
At 10:12, Inspur Software's board was smashed, causing the market investment sentiment to further tend to be rational, and various funds chasing high prices also began to become cautious.
At 10:21, under the influence of the gradually cautious sentiment, the Shanghai Composite Index fell back to the opening point, and the ChiNext Index's increase shrank to less than 0.5%. After the opening, the stock prices of Fenda Technology and Inspur Software, which performed extremely strongly, also fell, and fell into a situation of high-level sideways fluctuations.
At 10:30, one hour after the official opening of trading, the Shanghai Composite Index turned green, the ChiNext Index returned to the opening point, and Fenda Technology maintained a range of 3.5% to 5% increase. Compared with yesterday, the volume did not increase significantly, and other similar hot concept stocks were also mostly trapped in the intraday oscillation trend. They wanted to fall, but they couldn't fall further. They wanted to pull up, but there was a lack of large funds to follow suit.
"Today's market is not easy to do!"
At this moment, after feeling that the market had fallen into an obvious oscillation pattern, some hot money in the Yuhang hot money main group where Su Yu was located sighed.
"Indeed, it is difficult to do if it cannot fall or rise."
"Today's market feels suitable for T, not for hitting the board. The wave of Inspur Software just now was actually very beautiful. I didn't expect... it didn't close!"
"After yesterday's big rise, there were a lot of profit-taking orders in the market, and the selling orders were relatively heavy. In addition, the market performance in today's call auction stage was seriously below expectations, which made the passion surge. Many investors who were willing to chase high prices became cautious. In addition, there was no obvious sign of expansion in the market's intraday volume. In this way... the sentiment for chasing high prices is insufficient, and the power of following the trend is not continuous. It is quite difficult to hit the high board."
"However, this market... It seems that it can't fall."
"It will definitely not fall. Yesterday's big positive line made the major indexes stand on the 20-day line again. , in the expectation of the majority of investors in the market, the market trend has reversed here. Although everyone's willingness to chase high is not strong at present, the willingness to buy at the bottom and take over is still very strong. "
"The main reason is that Fenda Technology has little room to go from the previous high. It has reached the position where a large number of locked-in chips have accumulated in the early stage. It is not easy to continue to pull up and leverage the entire market sentiment. "
"Indeed, at this time, if you want to close the board of Fenda Technology, the cost is too high. "
"At least 500 million yuan of funds are needed to have the courage to close the board? And 500 million yuan of funds... There are probably only a handful of people in the market who have this courage. "
"Even if there is 500 million yuan of funds, I am afraid you dare not close Fenda Technology, right? "
"Yes, Mr. Su has invested nearly 500 million yuan in this stock, oh, no... …Now the market value of Mr. Su’s chips in this stock should be over 600 million, plus a large number of locked chips piled up here. Once there is a strong main force to block, even if the concentrated selling of retail investors is suppressed, if Mr. Su’s wealth road is hit, it will be all over! "
"It’s not just Fenda Technology. When Mr. Su’s core hot stocks have almost made a profit of 15% to 20%, there should be no main force with a billion-level fund to dare to block these hot stocks, right? After all, if you invest heavily at a high position, it will be easy to be locked in the market if Mr. Su hits it. "
"So... Mr. Su’s wealth road seat has formed a high degree of restriction on these tickets?"
"It can’t be said to be a high degree of restriction. It’s just that when Mr. Su has made a lot of profit , no one dares to hold a heavy position to close the board, but the two core themes of "mobile Internet" and "smart phone industry chain" are not expected to change much. No matter how the market goes, these two themes should be the core focus of the market, and I believe they are also the areas with the most abundant overall market liquidity. "
"However, if the two core themes of "mobile Internet" and "smart phone industry chain" cannot break through rapidly, and the index is afraid that it will be difficult to see a big positive line of more than 3 points in the case of a surge in the daily limit, the subsequent trend... before the index and individual stocks break through the previous high, I am afraid that it can only be a small negative and a small positive, slowly grinding up. "
"I think there is nothing wrong with the slow and steady pace!"
"Hehe, as long as there is a bottom position, the joy of doing T is also wonderful!"
"T trading is not suitable for me, I'd better lock my position. I've been doing T trading for a long time, but if I make a mistake in judgment, my chips will fly away."
"Anyway, as long as the volume of the two main lines of 'mobile Internet' and 'smartphone industry chain' does not suddenly increase rapidly, there is no need to worry too much. Both locking and T trading are fine."
"Indeed, based on the purchase volume disclosed by Mr. Su on the Dragon and Tiger List, it is more than 2 billion. In addition to the undisclosed... Mr. Su's holdings in these two main lines are at least 3 billion or 4 billion. This level of holdings cannot be closed in a short period of time without a sound. As long as these two main lines do not increase rapidly in the short term, it proves that Mr. Su has not left."
"No matter how the market changes, stick to the two main lines of 'mobile Internet' and 'smartphone industry chain', and pay attention to their volume changes, there is a high probability that you will not lose money."
When the hot money noticed the change in market sentiment, they gradually gave up hitting the board and pulling the market.
In the following trading hours, the intraday volume became increasingly sluggish, and the amplitude of fluctuations became increasingly narrow.
Finally, at the closing time at 3 pm...
The Shanghai Composite Index closed with a small negative line, down 0.32%, and the ChiNext Index closed with a small positive line, up 0.28%. After yesterday's big positive line, the major indexes of the two cities all closed with a narrow cross K line again, and the turnover of the two cities, compared with yesterday, was significantly reduced, returning to between 110 billion and 120 billion, and the volume was reduced by more than 10 billion compared with yesterday.
In addition to the lackluster index performance.
The two core themes of "mobile Internet" and "smartphone industry chain", as well as other major industries and concept fields that performed strongly yesterday.
Today's performance is a pattern of shrinking volume and fluctuations, with limited profit effect, but also very limited loss effect.
After the market closed, in the discussion of the market's investors, at 5:30 p.m., the Dragon and Tiger List of the two cities was refreshed. Only 16 stocks were on the list today, and the most concerned Fortune Road was still not on the list. Only Jiefang South Road was still doing T as usual.
Then, in the evening.
All financial media, institutional analysts, and financial big Vs were still bullish.
It seemed that no matter how the market went, whether it was rising, falling, or sideways, they could find the logical support for bullishness from a unique entry point.
Of course, no matter how these groups were bullish on the market.
The market also has its own independent trend and will not change because of personal will.
Just like the market performance in the next half month, whenever these people were strongly bullish, the index always closed with a negative line the next day, and when everyone tended to be rational and believed that the market might still adjust, consolidate the chip structure, and strengthen the support line, the index unexpectedly walked out of a small positive or medium positive line.
Therefore, in this constant face-slapping and unexpected situation.
The major indexes of the two cities took almost 20 trading days to rise in a step-by-step upward trend, with three steps and two steps back. It was not until Monday, December 9, that the huge pit of continuous plunge left by the negative impact of the "market IPO restart" was wiped out.
Of course, during this period.
As the two major fields of the strongest main line of the market, "mobile Internet" and "smartphone industry chain".
The relevant core concept sectors and core hot stocks have long surpassed the previous highs and set new historical highs in the continuous increase of funds from all walks of life.
Among them, the stock price of Fenda Technology has been advancing by leaps and bounds for more than a month.
Not only did it surpass the previous high, but it also broke through to a high of 94.88 yuan in one breath, just one step away from the 100 yuan mark, which has doubled compared to the bottom set by the plunge in October.
Netspeed Technology not only returned to the 130 yuan mark, but also set a new record high at 146.69 yuan, with a market value of over 27 billion, firmly sitting on the top weight of GEM constituent stocks.
LeTV's share price broke through 50 yuan, also setting a new record high, and its market value reached around 26 billion. Among the GEM constituent stocks, its market value and weight attributes are second only to Netspeed Technology.
The "two giants of mobile games" Huaqingbao and Changqu Technology also set new record highs, but the increase is still slightly inferior to the strongest Fenda Technology, Netspeed Technology, and LeTV.
Huake Jincai, Shanghai Steel Union, Hengsheng Electronics, Jinzheng Shares, Tonghuashun, Oriental Fortune... and other "Internet finance" stocks, the increase is slightly behind the "smartphone industry chain" related hot stocks headed by Fenda Technology, but the increase during this period is also an average of more than 50%, which is the second only to the "smartphone industry chain" in the market during this period.
The rest...
In this round of index recovery.
The average increase in the automotive and white goods sectors exceeded 25%, leading the main board industry and concept sectors. The "big finance" sector, especially the banking sector, had a zero increase in the entire round. Basically, the sector index was no different from the day on October 29 when Huijin and Huajin protected the market.
"We...should we stop profit?"
Seeing that the Shanghai Composite Index approached the 2,500-point mark again during the trading session, and the ChiNext Index also reached 1,400 points again, at 10:36 am, in Yuhang, Yuhang Investment, in the trading room, Li Meng, who was observing the market changes, said: "Today's trend has accelerated, and the volume is also exploding. It feels that the market is about to change again."
"It's not a feeling, it's really here!" Su Yu took over the conversation with a smile, saying, "The 2500-point barrier has accumulated too many, too many locked-in chips. Without the desperate breakthrough of 'big finance', it is impossible to stand firm. And 'big finance', as a weapon for breaking through... at the end of the year, when all funds are tightening, it does not have the foundation for a full-scale outbreak. Moreover, for the field of 'big finance', the market news is not only not good support, but also bad news."
"In addition, the two core themes of 'mobile Internet' and 'smartphone industry chain' have also reached the stage of greatest pressure and relatively overdrawn expectations."
"Under this situation, the probability of a breakthrough is very small!"
"So..."
Su Yu paused, a ray of sharpness flashed in his eyes: "Just when everyone is looking forward to the index breaking through 2500 points, the upward trend is accelerating, and various technical indicators, market sentiment, and volume have reached the breakthrough point, reduce positions and stop profits, and harvest the accumulated profits in the account!"