My Fintech Empire

At 9 o'clock sharp, the SGX opened on time for continuous bidding.

The NSE 50 Index, which jumped sharply and opened higher, went straight up without closing the gap. When the stock prices of listed companies in the galaxy took off, it helped the NSE 50 Index to rise high and get out of the barefoot positive line.

At this time, cooperative institutions such as Zhongtai Capital and Perennial Capital are also working, and they are not idle, continuing to boost the stocks of Galaxy.

Investors looked at the trend of Qunxing concept stocks, which was simply picturesque. It was either hitting a record high or on the way to a record high. The small window of the market software popped up and pushed messages every once in a while.

Almost immediately, this Galaxy stock was pushed to a new all-time high, and not long after, another stock was pushed to a new all-time high.

By around 9:30, the NSE 50 index had risen by more than 4 percentage points, with three consecutive positives, all of which were big positive lines. Every time it rose by one point, it hit a new all-time high.

As expected, the main boards of the two cities opened higher due to the bullish sentiment of the SGX. After the opening, they also fluctuated upwards. The three major trading markets all attacked. The A-share market showed a general rise, and the Shanghai Composite Index also hit the 3,000-point mark.

Half an hour later, around 10 o'clock, major market software pushed messages:

[The Shanghai Stock Index’s gains expanded to +1.59%, standing above the 3,000-point mark. 】

Investors on the main board were a little stunned when they saw that the market index once again stood at 3,000 points. Since the beginning of the year, the four major circuit breakers have exploded from 3,500 points to 2,638 points.

Investors despise 3000 points, fear 3000 points, penetrate 3000 points, question 3000 points, understand 3000 points, miss 3000 points, beg for 3000 points...

Today I finally saw 3000 points again...

However, what makes the investors on the main board nervous is that when the market returns to 3,000 points again, they find that the market value of their stock accounts has not returned to the amount when it broke through 3,000 points. The market returns to 3,000 points, but their own money has not returned. return……

…

As of the close of trading, the three major A-share trading markets all closed in the red, with trading volume further amplified.

The Shanghai Stock Exchange Index rose +2.15% to 3018.80 points, with a turnover of 380.8 billion; the Shenzhen Component Index rose +2.64%, to 10394.14 points, with a turnover of 522.8 billion; the NSE 50 Index surged +5.66%, to 1158.65 points, with a turnover of 107.4 billion.

The total transaction volume of the three major trading markets was 1,011 billion, exceeding one trillion for the first time this year.

At this moment, the comment area of ​​the NSE 50 Index stock forum is particularly popular, and the market’s attention is focused here.

[I’m really crying, the index can reach a super positive line of more than 5 points for 3 consecutive trading days...]

[After buying the New Certificate 50ETF, my already quite wealthy net worth became unbearably rich... (manual funny)]

[Listen, are these human words...]

[This bald and barefoot Yangxian is as beautiful as a picture! ]

[I can’t believe that my big A actually has such a great index...]

[Believe in the national destiny and invest in the new index! ]

[Up 17.52 percentage points in three trading days, the new certificate is 50 points! ]

[It was so strong that the rise made me a little scared. I sold a little of the New Certificate 50 ETF and planned to buy it back later to make up for the gap. ]

[Brother, I bet that this gap may not be filled. This is the SGX, not the main board. Don’t copy the bad habit of making up for any shortfall in the main board index to the SGX 50 index. Is it possible that it was close to the daily limit on January 29? Do we need to make up for the gap that has emerged? Then it has to dive below 800 points again. Do you think it is possible for the SGX 50 Index to fall to that level again? ]

[One thing to say, as an old leek who has been playing in Big A for so many years, suddenly such a great index suddenly appeared. It rose so fast that I couldn’t get used to it for a while... (covering my face and laughing and crying) )]

[I believe what God K said, the New Stock Exchange 50 Index will definitely go into a ten-year bull market. ]

[Sir, times have changed, you have to learn to adapt. ]

…

The trend of the NSE 50 Index has really made the main board investors cry with envy. Since it bottomed out at 780.15 points on January 27, as of today’s close, in just one and a half months and a few days, it has hit +48.51%. cumulative increase.

Even if you buy a new certificate 50 ETF, you can earn close to 50 points of income, which is enough to kill a large number of stocks in an instant.

The joys and sorrows of human beings are not the same. The retail investors who bought the New Certificate 50ETF laughed the most during this period. Those who did not buy or were stuck on the main board cried with envy. Without comparison, there is no harm. Happiness is still there in many cases. They are all compared.

In the following days, after the NSE 50 index rose for three consecutive days due to heavy volume, it retreated by -1.33% the next day. However, on the next trading day, another bald Yang line surged by +3.52% to a record high. The New Securities 50 Index reached 1183.55 points.

In the following four days, the NSE 50 Index also made a correction after hitting a record high slightly, then shot higher and then fell back. However, it only found strong support when it had just adjusted back to the edge of the upper track of the gap.

The Shanghai Composite Index fell below 3,000 points during the same period, and the 2,900-point mark is also facing another test.

Four days later, on Wednesday, March 30, some investors thought that the NSE 50 Index would go down to fill the gap. However, they never expected that the day would open slightly higher and then go out of the bald and barefoot long Yang line. After the market, it soared +6.02% and hit another record. A new historical high, the New Securities 50 Index also reached 1202.65 points.

The Shanghai Stock Exchange Index on the main board was also driven up by the NSE 50 Index.

The next day, it hit a new high but fell back. On the next trading day, Friday, April 1, the deep correction reached 4 percentage points. However, the big V Tianlong rebounded directly in the afternoon, and finally closed down by about 1 percentage point. In the past two days, The daily K-line of the New Securities 50 Index has gone out of the upper and lower shadow lines respectively.

Then the market was closed for the Tomb Sweeping Day holiday. On Tuesday, April 5, the first trading day after the holiday, the NSE 50 Index surged again. On this day, another positive line of more than 5 percentage points came out and hit a new record high. On that day It rose +5.45% after the market closed to 1251.95 points.

The market index was also taken off again on this day. The Shanghai Composite Index closed up +1.45% after the market closed at 3053.06 points, breaking through the recent high.

In the next seven trading days, the SGX 50 Index continued to fluctuate upward. This trend made everyone dream back to the days of the mad bull market in the first half of 2015. SGX stockholders were living in fear of rising prices every day. among.

On Wednesday, April 13, the NSE 50 Index once again surged by 5 percentage points during the session. However, it surged higher and fell back to close a large antenna in the afternoon, and finally closed up +2.46% at 1285.58 points.

When investors saw this high-level antenna, they thought that the crazy rise of the NSE 50 had come to an end. However, they did not expect that the next day, on Thursday, they turned back and even made a small profit to hit a new record high. .

On that day, the NSE 50 index first opened sharply higher and opened +2.25%, then opened higher and dived into the green for a while, but then reversed again. Soon after it turned green, it stopped falling and bulls launched a counterattack. Finally, it closed directly with a band. With the long lower shadow line of the barefoot positive line, the New Securities 50 Index surged +3.02% after the market closed at 1324.39 points, setting another record high.

The investors were stunned. In just three months, the NSE 50 Index rose from 780.15 points to the current 1324.37 points. The cumulative increase was +69.76%, close to 70 points. Cumulative increase in points.

Such a crazy market can only be recalled in the first half of 2015. This trend was much stronger than that of the Shanghai Stock Exchange Index at that time.

However, in such a crazy bull market of the SGX 50 Index, the painful memories of 2015 are still before our eyes. SGX investors are really living in the fear of rising prices every day. It is too different from last year’s crazy bull market. Like it.

Therefore, many people are in and out during this period, fearing that the New Securities 50 Index will also stage a crash like it did in the second half of 2015, and the volatile upward market trend during this period is the best portrayal.

...(End of chapter)