Chapter 477 The A-Share Market Stands Out!
Under the surging selling orders, the Shanghai Composite Index started to dive rapidly downward again at 2:46. In just three minutes, it once again broke through the 2270 point mark.
Immediately afterwards, at 2:48, the Shanghai Stock Index reached 2267 points.
At 2:50, the Shanghai Stock Index reached 2264 points.
At 2:55, the Shanghai Stock Index reached the 2260 point mark, reducing the day's gain to about 1.5%.
Finally, when 3 o'clock in the afternoon came and the two cities ushered in the closing moment, the Shanghai Index rebounded a little and settled at 2264.96 points, up 1.63%, while the Shenzhen Index and the ChiNext Index rose 1.49% and 1.37% respectively. According to In terms of the closing situation, although several major indexes fell back a lot in late trading, overall, a relatively good positive rebound trend was formed, especially in terms of volume performance in the two markets. Compared with yesterday, the volume was only slightly smaller. a little.
This shows that at this position of the index, market investors are very active. At the same time, it also shows that the exchange of chips on the market is good and the market has a good mood to follow the trend.
"It seems that it is not easy to break through the 2300 point position in one go!"
Seeing such a closing situation, at this moment, in the main fund trading room of Zexi Investment Company in Shanghai, Zhou Kan said with emotion: "With today's trend, the upward trend in the late trading is obviously weak. I feel that the index will be weak in the next few trading days. We still have to go back to 2200 points to confirm the support.”
"Although the index did have some weakness in the late trading, overall, the market's money-making effect is still expanding." Next to Zhou Kan, Xu Xiang briefly observed the market for a while and responded, "As long as the market makes money If the effect continues to expand, then the problem is not big. At this time... we can lighten the index a little and focus on individual stocks. "
"Light on the index, heavy on individual stocks!" Zhou Kan thought for a while and said, "But the main lines of 'infrastructure', 'military industry', and 'Internet finance', as well as a number of popular concept stocks, have not rebounded at the same height in the past two days. It's low, especially for the popular concept stocks where the "Yu Hang" funds have built large-scale positions. Basically, they have two daily limits in a row, and the follow-up market continuity... When the Shanghai Stock Index cannot quickly break through 2,300 points, it continues to open up space. I’m afraid I’m suspicious!”
Xu Xiang said with a smile: "There are some shocks, but this is far from the climax of the hype. Although these popular concept stocks have rebounded violently, generally exceeding the rebound range of the market index, they have rebounded too quickly. , In fact, the investors who follow the trend don’t get a lot of chips.”
"In other words, the chips for these popular concept stocks are still relatively scarce at this stage."
“At the same time, emotions are intensifying due to the large-scale admission of ‘Fortune Road’.”
"The bullish sentiment in these popular concept stocks is still the strongest area in the market. If the subsequent market continues to break through for a period of time, there will not be much problem in the short term."
In his opinion...the market's bottom chip structure has just completed a large-scale transformation.
At this time, the market has just begun to unfold. It can be said that all shocks and short-term retracements are relatively good opportunities to increase positions and buy.
"Can we continue to break through?" Zhou Kan was stunned for a moment, and his opinion was slightly different from Xu Xiang's, and said, "But today's market prices in the entire field of 'big infrastructure' have already diverged, and there will be more hype in the future. High? And there shouldn't be any big moves in the 'Yu Hang Group' funds today, right? Faced with the heavy short-term accumulation of profits in the 'infrastructure' sector, the follow-up incremental funds can really push the stock price up for a while. ”
Xu Xiang responded with a smile: "Although the market has diverged, the trading volume of related popular concept stocks has not increased, and compared with yesterday, it has shrunk relatively. This proves that the chips on the market are well locked in, although the stock prices have generally risen sharply. , but the changes in chip structure are still very good.”
"In that case..." Zhou Kan paused and asked, "Then how should we formulate a trading strategy next."
Xu Xiang pondered for a moment and said: "Hold the stock and wait patiently. At this position, a relatively aggressive trading strategy is far more suitable than a conservative trading strategy."
"Okay!" Zhou Kan nodded, paused for a while, and then said, "The 'military industry' line seems to be a little independent of the market this afternoon."
Xu Xiang nodded and responded: "There are indeed obvious signs of new main funds entering the market."
"It seems that the core logic of this main line is gradually being recognized by more major funds in the market." Zhou Kan smiled and said, "It also shows that our previous judgment was not wrong. There should be some potential in this direction." Good news, or core hype logic.”
"Yes!" Xu Xiang nodded and asked, "Old Qiao... is there any new news on the 'military industry' line?"
Zhou Kan shook his head and responded: "I haven't heard about it yet."
"What about the macro market news?" Xu Xiang thought for a while and continued to ask.
Zhou Kan pondered for a while and responded: "Others, there is no particularly important news. Oh... By the way, there seems to be new progress regarding the entry of pension funds into the market. I heard that it was owned by the former China Investment Group Qian, the general manager of Huijin’s asset management department, seems to have been transferred to the newly established ‘Pension Asset Management Center’ as director, and he should be fully responsible for and promote the ‘pension market entry’ related matters.”
"General Manager Qian of Huijin's Asset Management Department?" Xu Xiang thought for a while and said, "He has been transferred. It seems that the matter of 'pension funds entering the market' is indeed starting to take shape. What's more, In terms of macro-level financial policies, as well as the news and policy promotion of the Shanghai-Hong Kong Stock Connect and the reform of state-owned enterprises, what are the new developments? "
Zhou Kan thought for a while and said: "Regulators have publicly warned the market several times about the 'Shanghai-Hong Kong Stock Connect'. What is certain is that this matter will definitely be fully opened in the second half of this year, allowing funds from the north and the south to They can all flow in A-shares and Hong Kong stocks, which is a relatively public benefit. As for the 'state-owned enterprise reform'... the promotion is indeed very strong. There is a wave of mergers and reorganizations between state-owned enterprises and central enterprises and companies with the same business. It should be getting closer, which is why the concept of 'state-owned enterprise reform' has been so strong in the past two or three months."
"Oh, right..."
Having said this, Zhou Kan remembered something again and said: "It seems that the mergers and reorganizations, internal reforms and asset securitization of military industry enterprises have begun to spread. I am wondering whether this is the line of 'military industry'. The core hype logic and future expectations.”
"Securitization of military industry assets?" Xu Xiang narrowed his eyes after hearing these words and said, "If the top management is really blowing the wind in this direction, then the hype logic and future expectations of the 'military industry' line are still there. It’s really not a small thing, and it’s worthy of a big fight.”
"Let Old Qiao pay more attention to this news..."
"Spring River Plumbing Duck Prophet, the market's main capital trends will not lie. Since the 'military industry' line continues to get stronger and stronger, and more and more main funds enter this field, it is bound to be in this direction. There will be potential benefits or hype logic.”
"Okay!" Zhou Kan nodded in response and added, "There is also the recent surge of hot money outside the market, which seems to be getting worse, especially the P2P platform where private capital is active. The financial effect and participation of There are more and more capital groups, and it is getting larger and larger. At the same time, there seems to be an investment boom in the primary market due to the surge of all kinds of hot money. The private equity investment market has also begun to become overheated. stage."
"I think..."
Zhou Kan paused and said: "In the context of 'mass innovation and mass entrepreneurship', the concept of 'venture capital', which has been largely abandoned by major funds in the market, should have certain opportunities for speculation."
Xu Xiang thought for a while and said: "Forget it, the heat in the primary market is not linearly transmitted to the secondary market. Speculating on secondary market stocks based on the reaction of the primary market is like speculating on spot prices based on futures prices." The company's stock is somewhat unreliable, and with the IPO in full swing, even if there is an opportunity for a rebound from oversoldness in the 'venture capital' line, its long-term speculation logic and expectations cannot be opened up, and it is difficult to attract the majority of investors in the market. The group unanimously agrees that it is difficult to participate in the market. When the market has a better main line for making money, the price/performance ratio of this line is not high at all. There is no need for us to waste too much time and experience in this line. "
"On the contrary, the hot money you just mentioned has begun to flow into the private equity investment market and P2P financial market in large quantities."
"This is a good market signal!"
"I think so too." Zhou Kan said with a smile, "It can be seen from these signs that, generally speaking, the market's financial situation is improving. As long as the A-share market can continue to make money and open up continued room for growth, then The hot money flowing into the primary market and the P2P financial management market will eventually flow into the property and stock markets with better liquidity. "
"More than that." Xu Xiang said, "Hot money is surging into the capital market and into the big reservoir of the property market. Then the previously high inflation rate should come down. In this way... the central bank should have more in its hands. There are many cards that can be played, and it is not impossible to change the monetary policy!”
"It depends on the Fed's movements, right?" Zhou Kan said, "If the Fed is hawkish and continues to raise interest rates, then even if our central bank has the cards, it will probably be difficult to play them!"
"Currently, the correlation is not so strong." Xu Xiang said, "Let's take a look first. I always feel that the domestic market is at this position and at this point in time, there should be a strong explosive market. After all, News, funds, policies, and emotions are all beginning to move towards a consistent and resonant path.”
"Is... is it really possible for a 'bull market' to break out?" Zhou Kan asked in surprise.
Xu Xiang smiled and said: "No one can accurately predict this, but it can be clearly felt that the situation inside and outside this year is obviously better than last year. In the direction of the main board, after valuations have been compressed to the extreme, regardless of fundamentals and news The situation is about to reverse, and we can feel that the market’s spring is clearly relaxing.”
"And in the emerging industries focusing on the small and medium-sized board and the GEM, there are a lot of 'growth stocks' directions."
"With the rapid growth of emerging industries and the rise in market valuations driven by the surge of hot money, its potential speculation logic and future expectations are also continuing to strengthen."
"But what everyone expects is that the property market will continue to boom after the real estate industry is loosened." Zhou Kan said, "Since the development of domestic commercial real estate, there has never been an economic boom where the property market and stock market broke out at the same time, right?"
Xu Xiang said with a smile: "Expectations are expectations, but the specific changes can only be based on the actual trend of the market, and history often does not repeat itself. If we are trading, we must always follow historical performance. If you use reference, you will only fall into the trap of thinking, unable to objectively see the essence of things, let alone accurately judge the market situation. "
"Okay!" Zhou Kan responded, then stopped talking and lowered his head again to continue reviewing.
As the two continued to review, analyze, and discuss, the time had unknowingly arrived at 5:30 pm, and the rankings of the two cities were refreshed.
After one day of intense trading, a total of 26 stocks were on the list.
Among them, relatively similar to yesterday, more than half of the 26 stocks on the list belong to the popular main lines of 'infrastructure', 'military industry', and 'Internet finance'. The only difference from yesterday is that today's 'Wealth Road' Almost sold He disappeared and only appeared in one or two large-cap stock buying seats of China Railway Construction and Gemdale Group, and the net buying volume was not large, only 10 to 20 million. Compared with yesterday, a single stock easily exceeded 100 million. The net buying volume of stocks is nothing to mention.
Of course, except for the sharp drop in the net purchase amount disclosed by Fortune Road on the list.
The overall data performance of the Dragon and Tiger List in the two cities is still very strong, and the total trading volume of all disclosed buying and selling seats is still in a state of substantial net buying. Among them, the largest net buying of institutional seats, single 'Gemdale Group' For one stock, the net purchase amount of institutional seats reached 180 million.
"Mr. Su's 'Fortune Road' small buy lock-up, hot money is still active, and institutional groups have increased their positions on a large scale. Today's Dragon and Tiger list data, although not as shocking as yesterday, is still quite eye-catching. I feel that the market is next... It can definitely still rise, and it will directly point to 2300 points tomorrow!”
After seeing the data of the two cities' dragon and tiger rankings, the discussion among the majority of investors on the entire Internet also soared again.
"The popular concept stocks in the major main areas of 'infrastructure', 'military industry' and 'Internet finance' are really strong! For example, MCC, Beijiang Communications Construction, Shanghai Construction Engineering, Pudong Construction, Gemdale Group, Tianshan Cement, Hengsheng Electronics, Hongdu Airlines...the trading seats disclosed by this series of stocks are still in a state of substantial net buying by the main funds, which shows that the main funds are still rushing to raise money.”
"There is basically a clear opportunity to make money. Wouldn't it be foolish not to rush for funds at this time?"
"Sure enough, Mr. Su's 'Fortune Road' did not sell a single share of its stock today. The boss is still a boss after all!"
"The 14 stocks on the 'Fortune Road' list yesterday all hit the daily limit today. It can be said that as long as you can buy them, you will not lose money. After Mr. Su made the move, the success rate was 100%. I really don't know why. How long can it be broken? This bargain hunter is really awesome."
"The real guiding light of the market, do you think you are joking?"
"If you buy it, you will earn it. This is absolutely true when it comes to Mr. Su's 'Fortune Road' seat."
"Today Mr. Su is still increasing his positions in Huaguo Railway Construction and Gemdale Group. It seems that he will grab these two stocks tomorrow. It also shows that the market situation in the 'infrastructure' line is far from over."
"Comparing the main line of 'infrastructure' market conditions in April and May, this has just begun."
"Yes, the market has just begun. I am optimistic that the Shanghai Stock Index will rise to 2,500 points this time. I am optimistic that the 'infrastructure' line will lead to a market that at least doubles."
"Beixin Road and Bridge, the leading stock on the main line of 'infrastructure' in the last wave, rose 4 or 5 times. For the leading stock in this wave, the market should not be lower than this room for growth, right?"
"That's for sure, and...if the Shanghai Stock Exchange Index can really successfully stand at 2,500 points and open up the bull market space, then the room for growth of the leading stocks will probably be 10 times higher."
"Considering a 10-fold increase, the check from 'Beijiang Communications Construction' should make this possible, right?"
"After all, other popular concept stocks are relatively small in size. If they really increase by 10 times, the market value will be too large and unrealistic."
"There is no doubt that in this wave, 'Beijiang Communications Construction' is definitely the core leading stock."
"I also think this check is the overall leader in the current market."
"Hey, this check has rebounded by more than 30% in two days. I really regretted going to my grandma's house for not buying this check at the bottom yesterday."
"It's not too late to catch up tomorrow. As for the concept leader, as long as you have faith, you can get on board at any time."
"Hopefully! But today's market movement at the end of the day... To be honest, there are some problems. I'm worried that if the external market continues to fall tonight, the Shanghai Index will hit 2,300 points tomorrow. I'm afraid it will still be a problem, and maybe it will continue to rise. Step on 2200 points to confirm the breakthrough.”
“No one can say for sure about the short-term forecast of the index.”
"Don't pay too much attention to the index. Anyway, just follow Mr. Su's 'Fortune Road' and buy. If you only buy the 'Fortune Road holding concept stocks', you should be able to make money with a high probability."
"The Shanghai Stock Index failed to reach 2,300 points today, which does have some shortcomings, but this should not affect the entire rebound trend."
"As long as the 'big infrastructure' line can be maintained, rebound will not be a problem."
"Hey, the market is going so strong against the trend today, maybe it will be good in the evening?"
"In addition to Mr. Su's 'Fortune Road', today's 'Chunhui Road' of Zhang Mengzhu and 'Jiefang South Road' of Xu Zongdongzhu have all locked positions. So many bigwigs continue to be optimistic. The market should not fall in the short term. I didn't add much positions today. I will continue to add positions tomorrow. Anyway, I will only buy and not sell if the Shanghai Composite Index is below 2,300 points."
"Yes, only buy and not sell. The opportunity has finally come, so we must seize it."
"Only by following the bigwigs can you get meat. Anyway, if Mr. Su's 'Fortune Road' does not come out, I will hold on to it and not sell. If the main funds in the market have the ability, just use the sky and floor to wash me."
"Haha, the same, the same... So many historical lessons, it is certain that if 'Fortune Road' does not come out, I will not sell it!"
Amid the heated discussions of many retail groups, the bullish market view still has an overwhelming advantage over the bearish market view. With the stimulation and guidance effect of 'Fortune Road', the market follows the trend and locks positions, or the investor group with this intention, is also increasing.
At the same time, in addition to the majority of retail investors.
The operating strategies and market views of institutional groups also began to lean in the same direction.
Even in the evening, as the market bullish sentiment continued to brew and ferment, while brokerage institutions, financial media, and stock commentators were still tirelessly singing bullish publicly, the regulatory authorities seemed to think that the market sentiment was not brewing enough, and continued to release some positive news to the market, adding fuel to the fire of market sentiment.
However, everyone's unanimous expectations and hot emotions are always contrary to the trend of the external market.
In the previous two days, the US stock market, which had experienced a two-year decline, opened late at night. Under the leadership of the sharp drop in the stock price of Apple, the giant company, the market expected that its semi-annual report performance was not ideal, it continued to open low and adjust, forming a continuous downward trend of three consecutive declines.
Similarly, due to the sharp drop in the stock prices of US stocks and Apple,
The next day, around 8:30 in the morning, the Asia-Pacific stock market, which had already opened, continued to show a green trend. Among them, the global "Apple industry chain" companies in various markets were abandoned by the main funds and showed a sharp decline.
Then, facing the relatively unsatisfactory trend and pattern trend development of the Asia-Pacific stock market and the global stock market.
Last night, the bullish sentiment of A-shares was brewing hot, and its bullish investment sentiment was suppressed again before the market opened. The bearish view rose, and the originally bright market expectations were once again cast a shadow.
"Boss, do you think the Shanghai Composite Index can still be independent of the global market today, go against the trend and continue to break upward?"
The market sentiment was brewing before the market. At 9:10, in Yuhang, Yuhang Investment Company, in the main fund trading room, Wang Can scanned the stock market-related discussion topics on the Internet, where the wind direction had changed greatly, and said to Su Yuxun: "It feels that the global stock market, especially the US stock market, has indeed shown the characteristics of a head. The trend is quite dangerous. It's hard to say... Everyone's concerns about the external market may really bring the Shanghai Composite Index down again. In that case... our previous large-scale layout will be in vain."