Rebirth of the investment era

"Today's closing situation, although the index performance is mediocre, the performance of individual stocks in the market is really good!"

Seeing the closing situation of the market, around 3:25, in a villa with beautiful environment in Yuhang, Mr. Liu took a sip of tea and said to Zhang Jianping next to him with a smile: "Lao Zhang, the main sentiment of the market has been going deeper. At the same time, the investment logic and future expectations of the main concept are gradually deepening. Although the market is still shrinking, the money-making effect is constantly expanding, and the desire of potential investors outside the market to enter is also constantly increasing. , if the market continues like this... the market outlook should be worth looking forward to, right?"

Zhang Jianping, who was sitting next to Mr. Liu, nodded slightly and said, "It is true that the market outlook is promising!"

"Today's check from 'Huaguo Railway Construction' has increased a lot. You must have made a lot of money again, right?" Mr. Liu asked.

Zhang Jianping smiled and responded: "I made a lot from this check we made together, didn't you make less too?"

"Haha..." Mr. Liu laughed loudly and continued, "That's true. I have to say that you are really good at analyzing the market and judging the main trend. Look at the K of the check of 'Huaguo Railway Construction' The online trend is really getting better and better, and there should be a long upward trend that has yet to come out.”

"but……"

Mr. Liu paused and then said: "Although the market trend is very good, the main line market and market investment sentiment are diverging deeply, and the performance is also very good, but in the case that the market has not got rid of the capital situation of the stock game, the upper market is locked in The market pressure and the pressure of accumulated chips are still very heavy. Without the cooperation of other core main lines, it may still be difficult to lead the index to continue upward and further extend the breakthrough trend by relying solely on the two core main lines of 'infrastructure' and 'military industry'. So as to attack the pressure mark of 2,500 points.”

"It is definitely not possible to break through the pressure of 2,500 points by relying solely on the two main lines of 'infrastructure' and 'military industry.'" Zhang Jianping continued, "This is because of the wave of 'big infrastructure' prices in April and May. It has already been practiced during a full-scale outbreak, but according to the current changes in market conditions..."

"It must be more than just the two main lines of 'infrastructure' and 'military industry' that have market expectations!"

"If you look at today's market, the core industry sectors and concept sectors in the two main areas of 'infrastructure' and 'military industry' actually do not perform very well. What really performs well are the 'Eurasian Economic Belt' and 'New Era' "Road, Maritime Silk Road' and 'Reform and Reorganization of Central and State-owned Enterprises' are the core conceptual themes."

"In particular, the performance of the big concept theme of 'reform and reorganization of central and state-owned enterprises' has basically absorbed most of the active capital groups in the market, and has become the main concept theme with the largest net capital inflows in the two cities."

"Of course, that's not the point..."

“It’s that after this grand concept theme has been unearthed by the main funds in the market, it can completely connect the two main lines of ‘infrastructure’ and ‘military industry’ with a number of core stocks, as well as a number of core stocks in other traditional industry fields. This can bring together blue-chip large-cap stocks with various industry weights on the main board, and at the same time improve their expectations for the future and their imagination in corporate reform and reorganization."

"in other words……"

"After the main concept theme of 'reform and reorganization of central and state-owned enterprises' was unearthed by the majority of major funds, a number of blue chips with low valuation weights in the direction of the main board, as well as performance white horse stocks, have been given the wings of value revaluation and future expected changes. , giving these blue chips and white horses a huge space for imagination.”

“From a macro perspective, the concept and theme of ‘reform and reorganization of central and state-owned enterprises’ is huge.”

"If the hype logic of this line can really be recognized by the majority of the main funds in the entire market, then the market's 'elephant dance' will have a logical basis and expected motivation."

"And when this main line of conceptual themes connects all low-valued blue chips and white horses on one line."

"In terms of logical expectations, the main lines that can lead the index to an upward breakthrough are not only the two main market areas of 'infrastructure' and 'military industry', but also areas such as 'big finance', 'big consumption', and 'non-ferrous cycle' , after inserting the wings of 'reform and reorganization of central and state-owned enterprises', it also has the potential and motivation for the market to explode."

"In general……"

"The changes in market trends are much more optimistic than we previously expected."

"Currently, the incremental funds in the market have not kept up, and the market cannot rely on the current volume to fully digest the accumulated chips and hold-up pressure. However, as you said, the potential investor groups outside the market continue to grow in the market. Under the influence of the money-making effect, the desire to enter the market is constantly increasing.”

"And continuous quantitative changes will always lead to qualitative changes in the end."

"Although at present, the market cannot get rid of the capital pattern of the stock game, but as long as this money-making effect continues, no matter how long it lasts, it will only last for ten days and a half. The market's volume performance, compared to now, There should be an obvious qualitative change.”

"Can this kind of money-making effect last for ten days or half a month?" Seeing that Zhang Jianping seemed to be full of confidence, Mr. Liu thought about it for a while and continued to ask with some worry, "It is said that the index will fall after a long time. If it has been unable to break through upward, the market's hype will inevitably turn to recession."

Zhang Jianping smiled and said: "It is not certain that the market will fall for a long time. This is because the market's expected logic is unclear, the market does not have a clear main line of market trends to take on, and at the same time, the main funds of the parties that mainly guide the market have large differences, which will lead to the horizontal trend." A situation that is bound to fall over time will happen.”

"However, if you look at the current market performance, do these factors exist?"

"No!"

"The investment logic and expectation logic of the two main lines of 'infrastructure' and 'military industry' have been unanimously recognized by the main funds in the market. The reason why the market is not going up at this moment is just because of the bear market experience that has lasted for many years and has accumulated above the market. There are too many holding chips that need to be digested, not that differences in expectations have arisen.”

"At the same time, with the prominence of the core concepts of the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', the main lines of 'infrastructure', 'military industry', and Investment expectations in the main lines of other traditional industries have not weakened, but are actually increasing."

"Also, due to the previous years of bear market experience and the continued weak performance of previous blue chips and white horses."

“At present, the positions held by institutional groups in these major industry main lines and conceptual theme main line areas are seriously insufficient.”

"Under this situation, institutional groups have a strong willingness to increase their positions in these main areas."

"In this way, analyzing the current situation, there is neither space nor motivation for downward adjustment of the index. The so-called market law of 'a long-term decline will inevitably occur' will naturally not happen."

"Of course, this is on the premise that the market capacity, that is, the incremental capital capacity, has not changed qualitatively."

"In the case that institutional groups generally have insufficient positions in these major main areas, their willingness to guide the market and continue to rise will not be very strong. After all, in the sideways stage, they can absorb a large number of shocks. When a lot of accumulated chips are being sold, there is no need to rush to pull up the price before the position is full, and unnecessarily increase one's own cost of opening a position and buying cost."

"That is, before the market changes in volume and energy, basically... there is resistance at the top and strong support at the bottom."

"However, it is expected from all aspects that as the index fluctuates and continues to ferment in depth, I believe that the longer the index fluctuates here, the higher it will be in the future."

"At this time, we are thinking..."

"It should not be the market mantra of 'the market will fall if it goes horizontally for a long time', but should be the market motto 'the horizontal is as long as the vertical is as high'."

After listening to Zhang Jianping's in-depth market insights, Mr. Liu's worries gradually dissipated, and the smile in his eyes grew stronger. He said: "Old Zhang, you are still the best. I am ashamed of myself for this market analysis." , no wonder you have a huge stake of 600 million in China Railway Construction, no matter how the market fluctuates, you can still talk and laugh, sit firmly on the Diaoyutai, and not be nervous at all. This determination... is amazing!"

Zhang Jianping chuckled and said: "Old Liu, don't give me a high hat now, talk about determination and courage. Mr. Su of 'Yuhang Investment' company has tens of billions of positions concentrated in 'infrastructure', ' The two main lines of military industry and the main line of 'technological growth' have been so vigorously hyped in the early stage. If they can't stand still, that's called concentration. Compared with them... I'm still far behind!"

"This boy from 'Yuhang Investment' cannot be judged by common sense." Lao Liu said, "This boy's talent in market transactions is that of a monster, not an ordinary person. We... don't need to compare with such people. , after all, in our A-share market, there is no one else but this guy who can increase the scale of asset management from zero to tens of billions in one year."

Zhang Jianping nodded and said: "That's true, to be honest... I'm quite looking forward to how this guy will appear in the future and how he will adjust his trading strategy? After all, with tens of billions of positions, it is not easy to change investment strategies."

"In terms of time, it should be almost time for the core fund products of the 'Yuhang Series' to announce their performance and position structure, right?" Mr. Liu said, "When the time comes... we will know after taking a look."

"Yeah!" Zhang Jianping nodded.

Then, the two changed the topic and talked about other things.

At the same time, inside Yuhang Investment Company, which was talked about by two people, was the main fund trading room.

After a brief review and continued discussions, everyone basically reached the same market insights as Zhang Jianping, and formulated corresponding investment strategies, intending to continue to firmly hold chips in the fields of 'infrastructure' and 'military industry', and at the same time use With a small amount of funds left in the account, carry out small-scale T-making and concept stock position adjustments. When necessary, use the company's trading seats to influence market sentiment, thereby maximizing the profits from the main positions.

same……

There are many smart investors inside and outside the market, as well as institutional groups with long-term vision.

It is also basically believed that whether it is the index or the corresponding core target stocks in several core main line areas of the market, there is basically little room for downward adjustment.

Of course, there are still considerable differences among the vast retail investor community.

After all, the trend of the entire "technological growth" main line is not extreme, but it is still quite tragic.

However, although market differences still exist, the potential bull power, as well as institutional groups, financial media, and stock commentators who publicly sing the bulls, continue to increase.

And just when the bullish sentiment in the market continues to evolve, and the bullish market continues to penetrate into the hearts of potential investors outside the market in a silent manner...

The market time has moved to 5:30 pm unknowingly, and the dragon and tiger lists of the two cities have been refreshed.

While the market as a whole remains volatile, the number of stocks on the list today has increased by several compared to yesterday. Among the popular stocks on the list, 90% have reached their daily limit, which proves that the market is making money. The effect, while the market as a whole remained sideways, not only did not decline, but actually spread more and more.

In addition to the increasing number of stocks on the list, the overall disclosed trading seats.

The net buying volume of main funds is also showing an increasing trend. The total net buying volume of the 27 stocks on the list is around 700 million, which is a significant increase compared with yesterday. Moreover, there are many well-known stocks on the buying seats. Hot money seats are also frequently on the list, which shows that hot money is still optimistic about the market hype, and at the same time, market risk appetite is also in a continuous improvement trend.

Of course, among the well-known hot money seats.

The seats on Fortune Road that everyone paid the most attention to and wanted to see the most, still did not appear and remained invisible.

"Yuhang Department, are you continuing to lock up positions?" I saw the data of the Dragon and Tiger List disclosed by the two cities. At around 5:40, Yanjing, Chenghua Public Fund Company, main fund trading room, fund manager assistant and trading team leader Zhou Qiang pondered for a while, turned his head to look at the fund manager Gong Tiancheng on the side, and said, "Manager Gong, the other party must have locked up the position, right?"

Gong Tiancheng carefully combed through the trading data of the stocks on the Dragon and Tiger List, and said: "It should be a lock-up, not deliberately avoiding the Dragon and Tiger List."

"That's good!" Zhou Qiang said, "I'm just afraid that this capital will suddenly crash the market."

Today, they have begun to take the initiative to further increase their positions in the main lines of "infrastructure" and "military industry" on a large scale, as well as several major conceptual themes such as "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central and State-owned Enterprises" The core component stocks in the main line field have completely changed their trading strategies and are firmly optimistic about the development of these main line market prices in the market outlook. Naturally, they are worried about the 'Yuhang Group', a huge main institution that hoards in the core main line fields of 'infrastructure' and 'military industry'. The sudden profit-taking and market smashing will destroy the trend structure of these main line market developments.

Gong Tiancheng pondered for a moment and responded: "Looking at the current market changes and emotional reactions, the main funds of all parties are still continuing to invest in the main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt' and 'New Era'. "On the Road, the Maritime Silk Road", and "Reform and Reorganization of Central and State-owned Enterprises" are the main areas of conceptual themes. These main lines of market trends will definitely expand further. The main force of the "Yuhang System" is extremely smart in the market. Judging from their past operating logic and ideas... in the short term, we should not have to worry about them suddenly smashing the market, after all... no one will dislike the hot profits."