Rebirth of the investment era

Then, the next moment.

Huace Film and Television, Wasu Media, Phoenix Media, Boshi Media, Shengda Media, Zhejiang Digital Culture, Yanjing Culture, Cultural Investment Holdings, Ciwen Media, LeTV, Enlight Media, Huayi Brothers... and other concept stocks , those that did not have a daily limit, all broke through in the direction of the daily limit, and those that had previously reached a daily limit, the main purchase orders on the daily limit board also followed suit, and the daily limit and closing orders expanded sharply.

Then, at 1:02, it took only 2 minutes for the official opening of the afternoon.

In the entire 'film and television media' industry sector, 6 new stocks have reached daily limit. Among the stocks in the entire industry sector, more than 10 stocks have reached daily limit. Among them, the stocks of Enlight Media and Huayi Brothers have increased by more than 5%. Left and right, it is one step away from the daily limit, and LeTV has already hit the daily limit price in a flash. The market volume can expand sharply, and the daily limit is about to be sealed.

At 1:03, LeTV closed the daily limit, and the trading volume reached 300 million.

At 1:04, the stock prices of Enlight Media and Huayi Brothers both hit their daily limit.

At 1:05, Huayi Brothers sealed the daily limit.

At 1:06, Enlight Media also sealed its daily limit, and the entire ‘film and television media’ industry sector index rose to about 3%.

At 1:07, in the ‘Film and Television Media’ industry sector, as long as it is a ‘Film and Television’ related stock, there is no intraday increase of less than 5%.

At 1:08, within the ‘film and television media’ industry sector, the daily limit of individual stocks exceeded 15.

At 1:09, the increase in the 'Film and Television Media' industry sector index exceeded 5%, and the related 'Film and Television Production', 'Film and Television Entertainment', 'Animation', 'Celebrity Shareholding', 'Celebrity Indirect Shareholding', and 'Online Video' A number of other concept sectors have also been highlighted at the top of the growth lists of concept sectors in the two cities. The market trend of the entire market, as well as the attack direction of active funds on and off the market, are all concentrated in the main field of 'film and television media'.

At 1:10, the 'film and television entertainment' concept sector rose by more than 6%, and a number of constituent stocks in the concept sector began to stage a collective daily limit surge.

At 1:11, driven by the market conditions of the entire 'film and television media' industry sector, the GEM Index rose by more than 1% and refreshed the intraday high.

At 1:12, the Shenzhen Stock Exchange Index also rose to more than 1%.

At 1:13, the small and medium-sized board index rose by more than 5%, continuing to maintain its leading position as an important market index.

At 1:15, the index in the 'film and television media' industry sector rose by more than 8%, spreading the market to 'mobile games', 'publishing media', 'online new media', 'mobile Internet', 'Internet software', and 'Internet In the context of many concept sectors such as "Apps", all mid- and small-cap concept stocks in the market began to receive the attention of major buying funds and launched a rapid rebound trend.

At 1:20, the small and medium-sized index and the ChiNext Index both rose by 5%. There were nearly 2,000 stocks in the two cities, and there were already 1,600 stocks. When the stock index rose in the red market, the Shanghai Stock Index, which passively followed the rise, finally crossed the 5% mark. The 2290-point mark expanded the increase to more than 5%. It also refreshed the rebound high and the intraday high, and is getting closer to the 2300-point mark that everyone is looking forward to.

At 1:25, led by the outbreak of the main line of 'film and television media', the stocks of the two cities and the major market indexes that were rapidly rising were also blocked by the pressure level in the Shanghai Index. When the buying volume of aggressive followers is exhausted, the entire market begins to experience time-sharing heavy volume.

At 1:26, with the aggressive buying volume that followed the trend exhausted, many mid- and small-cap stocks, as well as several major market indexes that had surged higher, began to turn around on the time-sharing line.

At 1:27, the Shanghai Stock Index fell to the 2290 point mark after hitting its highest point of 78 points.

At 1:28, the GEM index retracted its increase to less than 5%, and a number of concept sectors with "Film and Television Media" as the core saw their gains fall back.

At 1:30, when the time-sharing volume continued to increase, the market began to fall into a state of heavy volume and stagflation.

At 1:35, the Shanghai Stock Index fell back to 2285 points and fluctuated. At the same time, the upward trend of the entire market also showed obvious signs of lack of stamina.

At 1:40, the entire market fell into a state of shock. The growth rate of the 'film and television media' industry sector was still more than 4%, but it was unable to play a leading role in the entire market. Among them, 'infrastructure', 'Military Industry', 'Reform and Reorganization of State-owned Enterprises and Central Enterprises', 'Shanghai Free Trade Zone', 'Internet Finance', 'Financial Technology' and other main-line concept-related sectors showed more obvious signs of intraday shock and decline.

At 1:45, the market's long-short divergence became apparent once again. Many mid- and small-cap concept stocks that had risen rapidly before 1:30 showed pulse-like trends, causing buying funds to aggressively follow the trend. , have been trapped in the fall in stock prices.

At 1:47, because the money-making effect surrounding the 'film and television media' line has not really expanded to the entire market, the funds that follow the trend are once again cautious, which also causes the selling of the entire market to begin to take the initiative. Buying volume can weaken further.

At 1:50, the growth rate of the ChiNext Index shrunk to about 3% again.

At 1:51, various concept sectors linked to the core hot sector of 'Film and Television Media' began to show a more obvious trend of differentiation. Funds from all walks of the market followed suit and concentrated on the core concept sector of 'Film and Television Media', while other related sectors The marginal concept sector fell back quickly and failed to create real money-making effects and room for growth.

At 1:55, this market differentiation trend spread to the 'film and television media' sector, non-'film and television' related main business stocks, such as 'mobile games', 'publishing media', 'online education', 'network' Information services' and other concept stocks also began to see a more obvious decline.

At 1:57, the growth rate of the 'Film and Television Media' industry sector index fell back to an 8% increase under this influence.

At 1:58, the funds following the trend in the market are becoming more and more rational. The main business stocks that are strongly related to 'film and television' are getting stronger and stronger in the overall market shock and decline, and there are more and more buying funds to follow the trend; while with ' Film and television's main business stocks that are not so closely related, especially the non-'film and television media' concept mid- and small-cap stocks that were briefly driven by market investment sentiment before 1:30, have fallen back more obviously at this moment , getting weaker and weaker, and there are less and less buying funds to follow the trend.

Immediately afterwards, market trading time entered the last hour of late trading.

The entire market, in addition to the 'Film and Television Media' industry sector, and its related concept sectors such as Film and Television Production', 'Film and Television Entertainment', 'Animation', 'Celebrity Shareholding', 'Celebrity Indirect Shareholding', and 'Online Video', It can still maintain a strong and volatile state at the intraday high. Other industry sectors and concept sectors have basically given up all the gains after the opening in the afternoon, and the position has fallen back to near the position when trading was suspended in the morning.

"The riot trend of 'Film and Television Media' was so strong that it failed to help the Shanghai Stock Exchange Index truly break through 2,300 points!"

At 2:05, in the Shenzhen Stock Exchange, Xinniu Fund Company, 'Manniu No. 1' main fund product trading room, trading team leader Mou Zhengxing saw that the market had fallen into a sideways fluctuation again, with the Shanghai Index hoping to break through 2,300 points. He also became uncertain again. He couldn't help but sigh softly and said with emotion: "It's really strange. There is obviously no excessive pressure at this position of 2300 points, but it is always just one breath away and I can't get over it."

"Today's market trend centered on 'film and television media' has not completely driven the breakthrough trend in the direction of the small and medium-sized boards and the GEM." Fund manager Fang Xinsheng took over and said, "2300 points is indeed not a big pressure, but the market chip structure is here. It was very chaotic, so it caused a big difference between long and short. At the same time, because there was not enough continuous profit-making effect on mid- and small-cap concept stocks, funds followed the trend. After the first wave of irrational intervention, the buying was completely The stalls were interrupted, and the overall market situation could not be directly reported."

"but……"

Fang Xinsheng smiled and continued: "Don't worry too much. The overall investment sentiment of the market is still biased towards the long direction. As long as the market maintains the money-making effect, it will gradually dispel the doubts about the subsequent entry of follow-up funds. At the same time, wait for this index The profit taking at this stage has been cleared, and the chip structure adjustment has been completed.”

"Then, it will be a matter of course and a matter of course for the subsequent index to exceed 2,300 points."

"Of course, as for how the overall market trend will change, whether it will be biased towards the direction of the small and medium-sized board and GEM to make a breakthrough, or whether it will rely on the Shanghai Stock Exchange Index to make an upward breakthrough, that's hard to say."

"Actually... the 'film and television media' line has gone strong enough today." Liu Xin, the company's general manager, who was standing behind Fang Xinsheng and staring closely at the big screen in the trading room, also interjected at this time, "It's just The Shanghai stock index collapsed, dragging down the entire market, and failing to truly build the confidence of market investors to follow suit."

Fang Xinsheng responded with a smile: "It's not that the Shanghai stock index is holding back, but that after the positive announcement of the 'film and television media' line, the market has formed a capital siphon effect in this field, which previously occupied the field with the largest amount of active funds in the market. , which are the two lines of 'big infrastructure' and 'military industry' that support the main board index."

"Now, the active funds in the market are collectively following up on the field of 'film and television media'."

"Naturally, the funds for the two core main lines of 'big infrastructure' and 'military industry' are seriously insufficient. Without the support of these two main lines, the Shanghai Stock Exchange Index will naturally not perform well."

"In general……"

Fang Xinsheng thought for a while and continued: "The amount of active funds in the market, as well as the amount of new funds entering to follow the trend, are still seriously insufficient to support the simultaneous breakthrough of multiple market main lines."

"But there's nothing we can do about it..."

"After all, the market has found its bottom near 2200 points, and it has only taken just one week to come out of the previous sustained downward trend."

"As the market conditions gradually ferment, it will take time for OTC funds to follow suit and enter the market."

“The same thing is said, as long as the market can maintain a sustained money-making effect, and as time matures and the doubts of many off-market investors are dispelled, then there will naturally be a steady stream of incremental follow-up funds coming in, and by that time... …With sufficient funds on the market, simultaneous breakthroughs in multiple main lines can be achieved, and at the same time, the market situation will have further explosive trends.”

After listening to Fang Xinsheng's analysis, Mou Zhengxing thought for a while and said: "Mr. Fang, you mean that there is no problem if the market continues to make breakthroughs in the future, but at present, the market is at this position and there is not enough time and space for adjustment. We Do you still need to wait patiently for a while?"

"There is enough space, but there is still some time left." Fang Xinsheng responded, "In fact, at this time, it does not make much sense to focus solely on the index. Instead, we should focus on market hot spots, explore mainline opportunities, and make timely adjustments to positions. Layout is the right thing to do.”

"Yes!" Liu Xin agreed, "There are indeed many mainline opportunities in the current market!"

The previous two main lines of 'infrastructure' and 'military industry' have obviously not finished. Now the line of 'film and television media' has exploded, and in terms of 'Internet finance' and even 'traditional finance', the line of 'financial technology' has The main line is also full of benefits.

There is also the main line of ‘big consumption’, which is gradually reversing its fundamentals as the macro economy recovers.

As well as the two core areas of 'mobile Internet' and 'smartphone industry chain', which are rapidly expanding in industry scale but are currently in the adjustment stage.

Generally speaking, this time.

In the entire market, there are quite a few main market trends that have certain investment value and speculation opportunities.

Of course, although there are many main line markets with opportunities, in these main line markets, how to accurately grasp profits and carry out corresponding rotation layout will quite test the trader's ability and cognition.

"With the 'Film and Television Media' line that broke out in full force today, do we... need to follow up on our positions and include it in the fund's focus on building and adjusting positions?" After pondering for a moment, Mou Zhengxing said again, "I always feel... this The market strength of this line should not be as strong as the 'infrastructure' and 'military industry' lines, right?"

Fang Xinsheng thought for a while and said: "Let's not judge subjectively. Let's take a look at the market's continued response to the 'film and television media' line and its expected logical recognition in the future. The main thing is that now we have lost the first move. What will happen? You can’t even participate.”

Compared with those large-capital state-owned institutions with extensive information channels.

They were not able to receive the major good news in the direction of 'Film and Television Media' in advance, so they did not have time to increase their positions in this direction in advance, so...now facing the full-scale riot in 'Film and Television Media' Regardless of the market trend, regardless of the continued market response of this line and future market expectations, they can only temporarily feel helpless and have no way to participate.