Rebirth of the investment era

Subsequently, just when everyone thought that the Shanghai Stock Exchange Index would break through 2,400 points without any hindrance under the leadership of the two main lines of 'military industry' and 'infrastructure', a number of core popular stocks and On the market of heavyweight stocks, the selling volume can increase suddenly.

Among them, the check of ‘Fushun Special Steel’ has attracted great market attention.

On the market, a series of 5,000 or even 10,000 major sell and sell orders suddenly appeared, and its stock price also fell rapidly from the intraday high even as the trading volume was rapidly amplified.

At 9:37, the stock price of ‘Fushun Special Steel’ fell back below 5%, below the opening price.

At the same time, the stock price of "Beijiang Communications Construction" turned green. On the market, the volume of selling increased with the times, and the willingness of profit-making funds to stop profits and exit was extremely strong.

At 9:38, a large number of relatively concentrated active sell orders emerged on the market of core-weighted stocks in the fields of infrastructure and military industry such as China MCC, China Communications Construction, China Railway Construction, and China Aviation Optoelectronics. , the stock prices fell from the early highs, and the rapid upward trend was interrupted.

At 9:39, the Shanghai Stock Index fell back to near the opening point.

At 9:40, the decline in the Shenzhen Stock Exchange Index and ChiNext Index also expanded as the Shanghai Stock Exchange Index rose higher and fell back.

At 9:41, the stock price of 'Fushun Special Steel' continued to fall back to around 3%. Within ten minutes of its opening, the amplitude had already reached 5%, and the transaction volume in ten minutes exceeded 3.6 billion, which was higher than the previous transactions. Today's trend performance can be described as a substantial increase in volume.

At 9:42, the active funds in the market that followed the trend of "infrastructure" and "military industry" at the beginning of the market have obviously ebbed. Many popular concept stocks and core weight stocks in the main fields of "infrastructure" and "military industry" have been divided into From this moment on, the trading volume also showed a gradual shrinking trend.

At 9:43, when the market prices of the two main lines of 'infrastructure' and 'military industry' surged and fell, showing a volatile pattern, many short-term profit-making funds poured out from the main areas of 'infrastructure' and 'military industry'. The main line of 'technological growth', which is undergoing short-term deep adjustment, has begun to pour in.

At 9:44, Lixin Precision rose in the fields of 'Consumer Electronics' and 'Apple Concept'.

At 9:45, Lexun Precision rose more than 1%.

At 9:46, Changying Precision followed suit and became popular. The entire "technological growth" main line area, domestic software, film and television media, Internet finance and other core concept theme sector indexes all rebounded to varying degrees.

At 9:47, the ChiNext Index and the Small and Medium Enterprises Index, which had fallen rapidly for a period, rebounded briefly on the main line of "Technology Growth", and the decline in the market narrowed. At the same time, the growth gap with the Shanghai Stock Index also narrowed rapidly.

At 9:48, the stock market of Wangsu Technology ushered in a thousand-hand level of buying funds to buy the bottom.

At 9:49, the market of 'LeTV', which had dropped to the limit, appeared on the market with the first large order of 10,000 lots after the opening. At this time, the limit of 'LeTV' had been closed, from the highest of 300,000 at the beginning of the market. The number of hands has dropped sharply to about 180,000, and there is a certain hope of opening the market.

At 9:50, 'Hengsheng Electronics' and 'Sanjiang Shopping', which opened sharply lower, climbed rapidly, and their declines also narrowed rapidly.

At 9:51, more and more funds are pouring into the main line of "technology growth" to buy bottoms. At the same time, the decline of the GEM index further narrowed to less than 2%, and there is great hope of turning red.

At 9:52, the Shenzhen Stock Exchange Index turned red, and the increase was in sync with the Shanghai Index.

At 9:53, the three major indexes all turned red, but the increase remained within 3%, showing a slight upward trend during the day. The panic selling sentiment in the entire 'technology growth' main line field was obvious compared with the previous two trading days. The market has eased significantly, and the market conditions of many corresponding concept stocks have stabilized after falling for two consecutive trading days.

At 9:54, 'Hengsheng Electronics' became popular, and the indexes of the two concept sectors of 'Internet Finance' and 'E-Commerce' rose rapidly, and the corresponding concept stocks also followed suit and rose.

At 9:55, the market price of "LeTV" dropped to the limit and orders were closed, further falling sharply to about 150,000 lots.

At 9:56, on the lower limit of 'LeTV', another active buying order of tens of thousands of large orders emerged to pry the market.

At 9:57, just when everyone thought that the limit of 'LeTV' would probably be lifted, and they all followed suit and invested money, and followed the big funds to pry the market, 'LeTV''s market suddenly increased by 6 almost instantly. Thousands of orders were placed at the lower limit, extinguishing the hope of opening the market that had just emerged.

At 9:58, under the extremely high level of attention, when everyone saw that the limit-down orders of 'LeTV' had further increased sharply, and knowing that there was no hope of opening the market, the bargain-hunting funds that followed the trend and poured into 'LeTV' instantly began to decrease sharply again. .

At the same time, the main line of 'technological growth', after absorbing the first wave of bargain-hunting funds, suddenly lost the follow-up funds when 'LeTV''s limit-opening expectations fell to the bottom again, resulting in this In the major main line areas, the stock prices of many core concept stocks that rebounded rapidly began to rise and fall, and they all showed a weak rebound trend.

And when this situation is revealed...

As a weak main line sector that was originally expected to be low, the amount of funds that follow the trend has become weaker as time goes by.

Therefore, when the market trading time passes 10 o'clock.

At 10:03, a number of mainline concept stocks of 'technological growth' that had previously taken the lead, such as Wangsu Technology, Lixun Precision, Changying Precision, Hengsheng Electronics, Sanjiang Shopping, etc., all retreated quickly, resulting in corresponding The concept sector index is also in decline again, with the trend continuing to fall.

At 10:04, amid the falling trend of concept stocks, the GEM index turned green again during the session.

At 10:05, the Shenzhen Index also turned green and headed downward.

At 10:06, the 'Film and Television Media' sector resumed its rapid decline, and many core concept sectors in the main line of 'Technology Growth' showed signs of interruption in funding.

At 10:07, many investor groups feel that the short-term profit-making funds from the main line areas of 'infrastructure' and 'military industry' have not been substantially driven after a lot of funds poured into the main line areas of 'technological growth'. After the market situation in the main line of technology growth and the corresponding profit-making effect, its desire to sell chips in the main line of "infrastructure" and "military industry" to stop profits has also weakened.

At 10:08, everyone saw that the adjustment of the main line of 'technological growth' was still not over. After the rotation of market conditions could not be realized, many active financial groups in the market who were originally hesitant began to have no choice but to continue buying 'infrastructure'. , 'military industry', the two core main areas of bargaining chips.

At 10:09, under another change in the attack path of active capital groups in the market, the main sectors of 'infrastructure' and 'military industry', which had surged and fell, slowly gathered funds again and launched a rebound trend to recover the market decline.

At 10:10, 'Fushun Special Steel', which hit the 5% increase mark at the lowest, received another attention from the main funds. The active buying volume on the market increased significantly, and the stock price quickly rebounded.

At 10:11, the stock price of Fushun Special Steel rose back to the 3% mark.

At 10:12, the stock price of "Beijiang Communications Construction", which had been deep underwater, also rebounded from underwater and turned red.

At 10:13, the time-sharing chart of the Shanghai Stock Exchange Index also turned upward again, gathering strength once again to reach the 2,400-point mark.

At 10:14, the ‘military industry’ sector index rose back to its intraday high.

At 10:15, in the 'real estate' sector, Gemdale Group exploded in volume, rising in a straight line, with a market increase of more than 3%.

After that, the index trends of a number of core sectors in the two major fields of 'military industry' and 'infrastructure' once again drove upwards in volume and continued to make breakthroughs.

At 10:37, under the continuous accumulation of funds, the Shanghai Stock Index touched the 2,400-point integer mark.

At 10:40, the Shanghai Stock Index broke through 2,400 points and refreshed the intraday high to 33 points.

At the same time, the Shenzhen Stock Exchange Index and ChiNext Index were suppressed by the main line of "technological growth" and have been hovering in a range from a 3% decline to a flat position.

However, after the Shanghai Stock Index broke through 2,400 points of suppression, it quickly consumed a wave of active market buying funds.

As the trading time progressed further, limited by the lack of incremental funds in the market, the trend of weak upside began to appear again.

In addition, in the main areas of 'infrastructure' and 'military industry', the trend of relatively core concept sectors and industry sectors, as well as many of its popular concept stocks and core weight stocks, has exceeded the market index by a lot, and has continued to accumulate a large amount of short-term speculation. Take profit.

This leads to an upward trend. Once it is weak, there will be problems with the funds on the market.

These continued to accumulate a large number of short-term profit orders, and then began to swarm in stop-profit selling.

As a result, after 10:45, the Shanghai Stock Index, after breaking through 2400 points, turned downward at a rapid speed and fell back to this point, causing the Shanghai Stock Index to fail to break through upward, or to form a false breakthrough. The market trend pattern.

"I feel like the index can't go up!"

At 10:50, in the Shenzhen Stock Exchange, inside Xiniu Fund Company, in the main fund trading room, the trading team leader Mou Zhengxing saw that the Shanghai Stock Index fell back to below 2,400 points, and the market rose, as well as the profit-making effect in the main areas of 'infrastructure' and 'military industry' The market was still unable to expand, so he frowned and said: "Limited by the overall capital capacity of the market, the pressure for the Shanghai Index to break through has become greater and greater. If this trend continues... I am afraid that the market will Around this position, it will have to fluctuate sideways for a while, right?"

Standing next to Mou Zhengxing and staring at the big screen of the trading room, fund manager Fang Xinsheng pondered for a while and responded: "The market as a whole has not gotten rid of the fundamental situation of the stock game in terms of capital. If the Shanghai Stock Exchange Index is going to go up, then It can’t be a trend of continuous Yang breakthroughs.”

"at the same time……"

Fang Xinsheng paused and then said: "Based on the current market trend, the adjustment of the 'technological growth' line is far from over, and it cannot carry the rotation of the market in a short period of time, while 'infrastructure', Although expectations for the two main lines of 'military industry' are still strong, and the market investment sentiment in this field is not bad, the accumulated profits from short-term speculation must still be obtained under the essential condition of insufficient incremental funds in the market. Only after cleaning up can we continue to expand the market and continue to lead the index to an upward breakthrough."

"So, standing at this point in time."

"It is unrealistic for the Shanghai Stock Exchange Index to continue to break through 2,400 points and quickly move towards the 2,500 point mark."

"At the same time, the two main lines of 'infrastructure' and 'military industry', the more core industry sectors and concept sectors, may also enter a short-term volatile trend."

"Since the line of 'technological growth' cannot carry the active funds on the market to make the main line market rotation, the two main lines of 'infrastructure' and 'military industry' cannot further expand the money-making effect and continue to condense due to the accumulation of short-term profits. The active funds on the market are following the trend, so...where will the active funds on the market go next?" After listening to Fang Xinsheng's analysis, Mou Zhengxing pondered for a moment and asked, "Look at the market trend, 'Infrastructure ', 'Military Industry' has a low probability of a substantial downward adjustment. It is said that there is resistance at the top and support at the bottom, and the core main lines cannot carry the further expansion of the short-term market. This market trend... At this node, It’s really hard to leave.”

Fang Xinsheng chuckled and said: "The short-term active capital groups in the market, especially the hot money funds, have been unable to further speculate on the main lines of 'technological growth', 'infrastructure' and 'military industry'. Most of them will focus on other areas that also have expectations and have less upward resistance."

"Looking at it now..."

"Based on the sentiment created by the two core lines of 'infrastructure' and 'military industry', there are opportunities in the 'big consumption' field."

"Of course, this is my guess."

"If funds don't gather in the 'big consumption' field..."

Fang Xinsheng thought for a while and then said: "Then we should follow the core logic of the two main lines of 'infrastructure' and 'military industry' and dig deeper to make logical hype on the main lines of 'pan-infrastructure' and 'pan-military industry', or It’s said to be superimposed with other main line concepts to create speculation.”

"The current expectations of 'big consumption' are not strong enough." Mou Zhengxing said, "In addition, the chip structure of individual stocks in the entire 'big consumption' field is relatively complex, and has never been a target that active hot money groups in the market like to attack. Therefore, you should manage The main line logic of speculation of 'pan-infrastructure' and 'pan-military industry', as well as the good market sentiment created with the help of 'infrastructure' and 'military industry', are superimposed and dug deeper on the original logic of the hype of 'military industry' and 'infrastructure' Other mainline concepts are more likely to be hyped.”

"Indeed!" Fang Xinsheng had to nod in agreement and continued, "But there is no sign yet of how to dig deeper and expand the market logic of the two main lines of 'military industry' and 'infrastructure'. On the market, There doesn’t seem to be anything worthy of special attention…”

"Eh!" He was about to say that he could wait for the market to change, but suddenly he let out a startled cry.

"What's wrong?" Mou Zhengxing asked hurriedly.

Fang Xinsheng stared at the changes in the two markets with his eyes, a smile gradually appeared on his face, and said: "The check of 'Yinkou Port' is so strong that it has closed the daily limit at this time. It is really beautiful. With the help of the emotion of this check, I have been In the venue, a large number of active capital groups running around like headless flies seem to have found their way in an instant. The expansion of the main line market and the market evolution of the superposition of the main line concept that we just mentioned seem... are also becoming a reality. "