Rebirth of the investment era

"That said, there is no problem." Xu Zhongji chuckled, "As long as the market development is changing for the better, and the main investment logic is still strengthening, then we have nothing to worry about. Just hold your position quietly and wait.”

Last week, they had survived such a violent market turmoil and stuck to their unwavering trading strategy of holding heavy positions in the main areas of 'military industry' and 'infrastructure'. At this time, these small market fluctuations were nothing at all.

"Yeah!" He Hong nodded.

The trace of worry in my heart gradually dissipated under Xu Zhongji's market analysis.

And with the simple exchange between the two, market trading time continued to move forward...

It can be seen that after the overall market volume has declined, whether it is the main line fields of 'military industry' and 'infrastructure', or the main line fields of 'technological growth', they have gradually fallen into a turbulent pattern.

Finally, when the market closed at 3 p.m.

The Shanghai index was at 96 points, with an intraday increase of 83%, while the ChiNext index closed down 53%. There was a sharp gap in the gains of the two. Although it narrowed in the last half hour of the trading session, it ultimately remained within the 2% range. The above fully illustrates the extreme nature of market differentiation.

In addition to the overall performance of the index, there are hot market concepts and themes, as well as the performance of industry sectors.

It can be seen that the main hot spots of speculation and market trends in the entire market are still focused on the fields of 'infrastructure' and 'military industry', while the main line of 'technological growth' has led the market with an overall sharp decline, and has become a mixed bag in today's market. This is the most obvious and tragic area where capital flight occurs.

Among them, there are several popular main lines and the performance of corresponding popular concept stocks.

After a violent shock, 'Beijiang Communications Construction' finally closed down to about 3 points, with an intraday amplitude of nearly 10%; 'Fushun Special Steel' continued to close its daily limit under the intense speculation from various funds, becoming the market's most popular stock. Popular theme concept stocks; 'Hua Guo MCC', a core-weighted large-market trend vane stock, closed with an increase of about 5%. Compared with yesterday, the intraday turnover did not increase significantly, but shrank a lot. This proves that yesterday's entry into the market A large number of funds were not taken out of the market today, and the overall chip lock-up was relatively good; 'LeTV' maintained a one-word limit throughout the day, and tried several large orders with 10,000 hands, but all ended in failure; 'Hengsheng Electronics' 'After violent fluctuations throughout the day, the closing price remained near the flat price, the trading volume increased significantly, and the market divergence was quite large...

As for the corresponding concept stocks of other non-popular main lines, as well as the performance of weighted stocks.

Most of them follow the market fluctuations.

Of course, most of the "big financial" and "big consumer" weighted stocks on the main board still followed the trend of the Shanghai Stock Exchange Index, and most of them closed in the red. However, the growth stocks that mainly belong to the small and medium-sized board and the GEM board all trended today. It is quite tragic, with most of the intraday declines being more than 1%.

Overall, the phenomenon of the market's "28 pattern" is quite obvious.

As for the intraday session, the 'big financial' sector, which was once favored by core traders within the 'Yuhang Investment' institution and discussed intensely, did not perform outstandingly today. The index trend of its three major weighted sectors of banking, securities and insurance was also obvious. It has underperformed the gains of the Shanghai Stock Index, and based on the overall volume performance of several major sectors, there are currently no signs of major capital accumulation in this area.

Faced with such a closing situation...

The vast group of investors in the market have considerable differences in their thoughts and opinions on the market.

Some people believe that the market's "28 pattern" has basically been formed, and the subsequent major market performance will most likely occur on the blue chips of the main board. Moreover, the most undervalued stock sector in the current market has been in the abyss of the bear market for many years and has sunk for a long time. of weighted large-cap stocks.

Some people also believe that the market as a whole is still in a rotational pattern.

That is, the main board weight market and the 'technology growth' market are alternating, and it is predicted that when the short-term profits of the two main lines of 'infrastructure' and 'military industry' are accumulated heavily enough, the market market will adjust to the already normal level without any surprises. The main line of 'technological growth' has sharply corrected.

Of course, some investor groups believe that there are still obvious flaws in the market's volume. Although the Shanghai Stock Exchange Index has broken through at a certain point, the breakthrough in volume has not been achieved. In essence, the market's overall investment sentiment and incremental funds are still not there. What a big change, and the outbreak of the two main market lines of 'infrastructure' and 'military industry' is just the active funds that temporarily escaped from the main line of 'technological growth' after the market expected problems in the main line of 'technological growth' The market will not last long at all if the group induces short-term speculation on the market.

At the same time, this group of investors also believes that the market will rebound after this round.

There is a high probability that the index will fall back to 2,200 points, or the lower support level of 2,000 points. It is not believed that the index has the ability and motivation to continue to challenge 2,500 points upwards.

However, among the vast number of retail investors in the entire market, due to insufficient capacity and today’s index performance, which is lower than expected, there are considerable differences in market outlook expectations...

Main institutional groups, as well as medium and large hot money groups.

Everyone has completely different interpretations of market performance and expected market performance.

In terms of the main institutional groups, whether it is the analysts of securities firms who have publicly spoken out in the market, or the star fund managers and well-known market stock commentators, everyone agrees that the market has the motivation and opportunity to make an upward breakthrough. , and the main line market direction, with a high probability, will occur in the direction of the main board, and even many institutions, after the market trend has turned sharply in the past two days, have made public statements and made it clear that they are optimistic about 'big infrastructure' and 'military industry'. The performance of the main line in the market outlook.

As for the most active market capital groups, the medium and large hot money investors are the most active.

The core of everyone's discussion has gradually shifted from the hype of concept stocks in the main field of 'technological growth' to the direction of potential blue chip stocks, theme stocks, and stocks with expected restructuring in the fields of 'infrastructure' and 'military industry'.

Among them, we targeted 'Fushun Special Steel', 'Chengfei Technology', 'LeTV', 'Hengsheng Electronics', 'Huaguo MCC', 'Huaguo Railway Construction', 'China Aviation Optoelectronics', 'Aviation Power 'The discussion of many stocks is also rising, and the opinions are becoming more and more clear.

"Today's market volume has shown a lot of decline compared to yesterday!"

Someone in the Yuhang main hot money group where Su Yu belongs to said with emotion: "The energy has declined so much. I feel that the Shanghai Index is around 2400 points. I'm afraid there will be trouble again."

"Although the entire market has shrunk as a whole today, the performance of the two main lines of 'military industry' and 'infrastructure' is still in a strong state, and the performance of many concept stocks is also remarkable. It's a point, and... I feel that the core hype logic of the two main lines of 'military industry' and 'infrastructure' is still spreading and fermenting in depth. For example, today's 'port shipping' stocks are actually doing well, obviously. Stronger than the Shanghai stock market."

"Indeed, the shrinkage of the market does mean that on the one hand, the market has insufficient incremental funds here, and the active funds on the market are limited, unable to support the market's large-scale and sustained upward breakthroughs. At the same time, the performance in 'infrastructure', 'military industry' and other sectors is relatively good. The main line of the market can still maintain an upward trend in such a shrinking state. It can also illustrate the chip structure of the market. Is it relatively well locked? It can explain the large number of chips entering the main line areas of 'infrastructure' and 'military industry'. At this time Most of them are locked up, right?”

"From this logic, it is correct."

"The real market launch time for the 'big infrastructure' line should be calculated at the beginning of April. After more than two months and nearly a quarter of trend evolution, now that we have reached this position, the chip structure can still be locked in this way. It’s good, and it actually proves that everyone is quite optimistic about the sustainable market trend in this direction.”

"There should be no doubt about this. After all, Mr. Su is taking the lead in the entire 'big infrastructure' project. I estimate that as long as Mr. Su's 'road to wealth' is on the Dragon and Tiger list and does not publicly reduce positions and stop profits on a large scale, the market in this direction will The chip structure should continue to be maintained.”

"After several months of continuous adjustments and consolidation, the main trend of 'big infrastructure' has now become established. At this time, it is actually a good thing to reduce the volume on the way up."

“No matter how the market changes, as long as the core of ‘big infrastructure’ remains unchanged, there won’t be a big problem.”

"As far as the position of the market is concerned, relying on the line of 'big infrastructure', there is definitely not much risk at present. However, within the main line of 'big infrastructure', the corresponding trend of concept stocks seems to be obviously out of sync, a bit high and low. It means switching."

"Indeed, at the same time, at the same time, the trend of 'Beijiang Communications Construction', a core popular concept stock in the field of 'infrastructure', is obviously weaker than that of 'Tianshan Cement', 'Shanghai Construction Engineering' and 'Fushun Special Steel'. This check is in After the main line of 'big infrastructure' is fully developed, it feels like it has reached its peak."

"This is a change in the high-low switching market within the sector, and the market outlook should be noted and avoided."

"The check of 'Beijiang Communications Construction' should have data on the Dragon and Tiger List today, right? You can see how the sales on the list are. If Mr. Su's 'Fortune Road' is on the sales list, then the market price of this check , it should be less likely to hit new highs in the future.”

"The absolute popularity leader in the current market has switched to the stock 'Fushun Special Steel'."

"No way, this check combines the concepts of 'infrastructure', 'military industry', and 'nuclear power', and all of them are based on fundamentals, real demand growth, strong expectations, a lot of smart money in the market, and the overall stock price of this check It is very low. It would be unreasonable for everyone not to grab the chips at this position."

"A friend in the group said something changed today at 'Port Shipping'. What's the logic behind this?"

"The logic of 'port shipping' is not very clear at the moment. We can take a look at it later."

"The 'port shipping' sector should be driven by the 'Shanghai Free Trade Zone' today, right? After all, the 'Shanghai-Hong Kong Group' has surged!"

"It's not the logical line of 'Shanghai Free Trade Zone', right? After all, other core stocks of the 'Shanghai Free Trade Zone', such as 'Shanghai Sanmao' and 'Shanghai Steel Union', are logically linked to the 'free trade zone' The old leader in the early period has not moved at all today, and the check of Shanghai Steel Federation has dropped by 5 points today."

"What's the logic of that?"

"The concept of the Eurasian Economic Belt and the New Era Silk Road, right?"

"F*ck, when you say that, it's really possible, damn... the vision of some big institutions is really unique. There are still a lot of great institutions in the market. The logic of this line is so smooth, it's really pretty."

“The Eurasian Economic Belt, this logical line, is also one of the underlying logics of ‘big infrastructure’, right?”

"Of course, yes, if domestic demand is sluggish, we need to boost external demand. Isn't the 'big infrastructure' strategy just a two-round launch? The market will explode only when domestic demand and external demand resonate?"

"According to this logic, the subsequent main line of 'big infrastructure' will probably spread to the direction of 'rail transportation' and 'port shipping'?"

"I feel that there is a high probability that it will develop like this."

"The logic line is clear. It can indeed be laid out in this way and positions can be lurked in advance."

"After carefully combing through the underlying logical expectations of 'big infrastructure', I found that there are many related conceptual threads with strong expectations for this major main line. At the same time, policy support is also very strong, and expectations for positive policies in the future are also very strong. Ah, if the various underlying logics of this line are further deepened and fermented, and are recognized by the majority of investors in the market, especially the majority of retail investors both inside and outside the market, then the subsequent intensity and breadth of the market trend of this main line will be It’s really… hard to imagine!”

"If several logical lines can be fully fermented and generate more expectations... there will be no problem at least supporting the Shanghai Stock Index at 2,500 points."

“The more we analyze it in depth, I feel that the ‘big infrastructure’ line has unlimited potential.”

"What's this called? When it goes up, everything is good at first glance. When it goes down, everything is bad at first glance. Let me tell you, even though the expectations for the 'big infrastructure' line are good, they are not. There are certain variables, and in the line of 'technological growth', although the underlying investment logic has collapsed a bit, it is not without merit. At least in the two major industry directions of 'mobile Internet' and 'smartphone industry chain', demand It is still erupting rapidly, so we... still have a normal mind and it may be better to look at the market objectively."

"Hey, this is not necessary. After all, most of the people in our group are short-term traders, and all they care about is market sentiment. This underlying logic is studied by big market institutions. We can refer to it. But there’s no need to study it that deeply.”

"Although 'Sweet Love' is good, it has to follow market trends. I think there is no harm in doing more research."

"No matter what, the speculation logic and expected space of the 'Fushun Special Steel' check should be relatively certain, and it is also a stock that can be clearly participated in tomorrow or the next day."

"In the direction of 'military industry', the 'Chengfei Technology' check is also worthy of focus."

"After all, in the entire 'military industry' field, this check is currently the most anticipated concept stock for restructuring. Funds from all walks of life will definitely gather here and speculate on it."

"'Port shipping' is a sector that has not yet been completely popular. Which concept stock has more potential? I have been chasing highs recently, and most of them have lost money. Now... I want to try to wait for the wind. Let’s make a plan and see if we can reverse the account’s bad luck.”

"'Port Shipping' currently has no clear hot stocks, so it's hard to say."

"On the other hand, the 'high-speed rail' sector can be clearly laid out, and the target stocks are relatively clear. At the same time... this is also following the policy direction. If you focus on speculation, you don't have to worry about regulatory issues at all. Also... Hasn't Alliance Leader Zhang already entered? In this field, is it necessary to build a large-scale position in the stock 'Huaguo Railway Construction'? It is absolutely possible to take advantage of this line."

"Yes, the 'high-speed rail' sector. Now the 'high-speed rail' has become a beautiful business card of our country to the outside world. Its competitiveness is international, and it has fully entered the first-class or even the top echelons."

"Haha... Based on this analysis, even though the 'technological growth' line has collapsed, there are still a lot of stocks, concepts, and themes that the market can do!"

"Of course there are a lot of them. After all, the line of 'big infrastructure' is too big."

"There are so many themes and concepts that can be worked on. I really hope that the index can stay here longer and the emotions can spread deeper. In this way...the explosive power of the subsequent main rising market will be stronger!"

In the main hot money group, everyone speaks freely, making predictions about the market outlook, and weighing the appropriate target stocks to participate in as the market outlook evolves...

With the rapid refresh of news in the group, as well as the constant changes in market news and emotions.

At 5:30 pm, the dragon and tiger lists of the two cities were refreshed.

I saw that in the entire market, a total of 26 stocks were on the list. Compared with last Friday, the number of stocks on the list showed obvious signs of decline. This shows that after the market trend turned, the activity of hot money has decreased slightly. Of course, ...This is also a normal market reaction under the "28-point differentiation" pattern.

After all, when the market mainly shifts to mid- and large-cap stocks.

Since the circulation of mid- and large-cap stocks is generally large and the intraday amplitude is relatively limited, if they cannot meet the conditions for listing on the Dragon and Tiger list, it is natural that the number of stocks on the list will plummet.