Rebirth of the investment era

"I think so too." Zhou Qiang nodded, "As long as the funds of the 'Yu Hang Group' can remain locked up, the market will continue to focus on the main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt' and 'New Expectations in the main areas of conceptual themes such as "The Road of the Times, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises' will continue to increase, and the market should continue to move upward."

"only……"

Zhou Qiang paused and then said: "It is always a hidden danger that the market volume cannot be released. If the market cannot get rid of the pattern of stock game, then in the main lines of 'infrastructure', 'military industry', and the 'Eurasian Economic Belt' , 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central and State-owned Enterprises' and several major conceptual themes have continued to attract blood, the market as a whole is afraid that it still cannot form an upward substantial breakthrough trend."

"After all, the final point of rising stock prices will always be based on the performance of the amount of funds."

"Once the market cannot get rid of the pattern of stock game, then the main themes of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises' Due to the size of the main line, there are not so many 'blood packs' for other main lines in the field to attract these core main lines, and the funds received cannot support the market of these major main lines to continue to rise."

"Then, even if there is a certain degree of expected support for these major main lines, I am afraid it will be difficult to get out of a higher market space!"

After hearing Zhou Qiang's concerns, Gong Tiancheng pondered for a moment and responded with a smile: "Actually, your worries are completely unnecessary. After all, as long as the money-making effect of the market continues, especially the main lines of 'infrastructure' and 'military industry', As well as the popular concept stocks in the fields of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises' are still being speculated upwards, then according to the market's vast retail investors' pursuit The potential retail investors outside the market will obviously be attracted by the money-making effect of the market."

"As long as this group of investors can continue to enter the market, there will be no shortage of incremental funds in the market."

"at the same time……"

Gong Tiancheng smiled softly and continued: "Don't forget, after the investment logic of the 'technological growth' line collapsed, a number of institutional groups inside and outside the market need to find the next relatively certain main line and make adjustments. Compared with retail investors, institutional groups like us have minimum holding restrictions for those who invest in a warehouse layout."

"There are also the current main lines of 'infrastructure' and 'military industry', as well as the institutional holding weights in the main conceptual areas of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises'. The overall level is not high. After institutional groups generally flee from the main line of 'technological growth', these main line areas have the motivation for large-scale intervention of institutional funds."

"Moreover, the financial situation in the macro direction is actually gradually improving."

"First of all, in terms of the external environment, the direction of the Fed's interest rate discussion meeting has changed. Secondly, after experiencing two bank money shortage crises, our domestic central bank has recently been moving closer to the overall monetary strategy of loose liquidity. , Finally, in the overall environment, the influx of hot money is actually quite intense, and many funds have not found good investment channels."

"In this situation..."

"As long as the stock market can show a certain sustained profit-making effect, then these hot money who can't find a good investment channel will definitely flow into the stock market on a large scale. After all, although the current property market policies have been relaxed, it will take time for the property market to pick up. react."

"Generally speaking, the financial situation in the market is not bad. What is really lacking is confidence."

"However, even if it is due to years of bear market suffering and lack of market confidence, after the previous main line of 'technological growth', the market surge, and in April and May, there are now the main lines of 'infrastructure', 'military industry', and 'Asia and Europe'. Driven by the market trends in the main areas of conceptual themes such as 'Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', there has been a clear recovery and turn."

"In this way, investment confidence will pick up and a steady stream of incremental funds will naturally come in."

"current……"

Gong Tiancheng paused, thought for a while, and then continued: "The key point is whether the money-making effect of the market can continue to expand, with the main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt' and 'New Era Road'. ", Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', can the market trends extended from the main themes of these concepts continue to spread in depth and form a larger main line market?"

"A bigger main trend?" Zhou Qiang was slightly startled.

Gong Tiancheng nodded and said with a smile: "Yes, if the market wants to truly make a bullish move, it is not enough to rely solely on the expected pull of these lines. Only by anticipating more main lines can the market have a high enough level. If' The main lines of "Infrastructure" and "Military Industry", as well as the "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central and State-owned Enterprises" can drive all low-valued blue chips and white horses in the direction of the main board. stocks, so that the entire market's blue-chip and white-horse stocks have the expected logic of 'value revaluation', then... I'm afraid a 'bull market' can be expected."

"Is it possible?" Zhou Qiang said, "At present, no matter it is the traditional main areas such as 'big finance', 'big consumption', 'non-ferrous cycle', 'medicine', the industry is not expected to recover, and looking at steel, coal , non-ferrous metals, and petrochemicals, the problem of overcapacity is still very serious. We have to wait for the capacity to be cleared and the industry to reverse... There are no obvious signals and signs at present."

"No one can accurately predict the top and bottom of the cycle." Gong Tiancheng said, "We can only follow market performance and expectations."

"It is true that many industries in traditional fields have not yet shown signs of 'reversal of difficulties'."

"But there is no doubt that in terms of macro policy direction, the proposed 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central and State-owned Enterprises', 'Rural Revitalization', 'Relaxation of Property Market', and 'Acceleration of Urbanization' Conceptual themes such as these have given traditional industries the expectation of a 'reversal of difficulties', and given many industries an opportunity to expand external demand, stimulate growth through internal demand, and at the same time clear up internal production capacity through 'reform and reorganization' and 'mergers and reorganizations'. A series of opportunities and hopes.”

"When we speculate in stocks, we speculate on expectations, not the fulfillment of expectations."

“As long as there is an expectation, and the entire market, and even the macro policy direction, recognize and encourage this expectation, and at the same time, various financial groups in the market also agree with this expected logic, then... at this moment, the overall market valuation level is low enough. When there is a certain gap in expectations and poor sentiment in the future, it is to be expected that the market will explode.”

"Therefore, I am optimistic about the market development of the main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'reform and reorganization of central and state-owned enterprises'. It continues to drive the 'revaluation' of 'blue chip' and 'white horse' stocks in other traditional fields, and even in the entire market."

"I also believe that under the current extremely low valuation level, the market can rely on these bright future expectations to achieve a continuous breakthrough trend and hit the 2,500-point pressure mark upwards, or even continue upwards, inducing a 'bull market' Quotes."

Zhou Qiang didn't expect that Gong Tiancheng was so optimistic about the market outlook. He was stunned and thought carefully about Gong Tiancheng's logical problems in market analysis, as well as some of the capital performance, emotional performance, market performance and other issues presented by the current market. Suddenly, I felt that the market indeed seemed to have the genes of a 'bull market', and I couldn't help but feel shocked. I said excitedly: "Manager Gong, if this is the case... then we should completely adjust our trading strategy and investment strategy, and be more active in market layout, right?" "

"There's no need to be so anxious." Gong Tiancheng said with a smile, "Changes in market conditions cannot happen overnight. Whether it is an overall recovery in emotions or funds, it is a subtle and long-term quantitative change that can lead to the final In view of the qualitative change, we should maintain sufficient optimism in terms of the overall trading strategy and investment strategy, but in terms of specific layout and positions, we still need to be patient and take our time."

"However, for the main lines of 'infrastructure' and 'military industry', as well as a series of important target stocks in the main conceptual areas of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises' , but we don’t have to wait anymore.”

"Look at the market trends of these major lines, as well as the overall fund follow-up."

“There will be a lot of main funds to raise chips in this field in the future.”

"Even if the index trend is in the overall upward trend, there are recurrences, but the core stocks in these major main areas may not fluctuate with the index correction. Most of them will fluctuate higher and higher, and this is also This means that if we continue to wait, the cost of building a position will become higher.”

"Of course, there are currently no other core blue-chip and white horse stocks in the traditional main line areas that have been clearly launched."

"We can partially divide the positions and carry out a low-level gradual accumulation mode, or we can hold positions patiently and wait for the "market east wind" to arrive."

"Okay, I understand!" Zhou Qiang nodded.

At the same time, through the other party's market analysis and investment insights, he had to admire that the other party's market analysis ability and investment ability were indeed far beyond his own. At the same time, he also realized that his knowledge of the market was still too shallow. Some things to learn, but also a lot.

As the two of them were on the Dragon and Tiger list, they discussed the entire market situation.

Almost at the same time.

In the entire market, discussions among institutional groups, large hot money investors, and retail investors are equally intense.

And when the time entered after 6 o'clock in the afternoon, various financial media, brokerage analysts, celebrity fund managers, and stock commentators inside and outside the market began to actively speak out frequently, and everyone began to express their opinions on the market and the market outlook. , the same kind of mindless singing.

Of course, in this consistent singing polyphony.

Everyone is obviously biased towards a bearish view on the main investment line of ‘technological growth’, which has gone out of a continuous adjustment trend.

"It is said that the nature of retail investors in the market is to 'chase the rise and kill the fall.' These financial media, brokerage analysts, celebrity fund managers, and stock commentators seem to have no different opinions." Li Meng sat on the sofa in the living room. On the Internet, I was browsing the stock market information on the Internet with my tablet computer. I couldn't help but complain, "There is really no independent point of view analysis. A lot of it is far-fetched and forced logic."

In the past, she felt that these analysts, star fund managers, and financial influencers had many real abilities.

But now... after she experienced Su Yu's continuous guidance and stock market operation influence, she suddenly realized that these people were actually nothing more than that.

Su Yu sat next to her, biting an apple, and said with a smile: "It's not that they are bad, but there are many people here who are still essentially bearish on the market, but when it comes to public statements, you have to be careful, so that's why He was talking nonsense about logic and reasons that he didn’t even agree with.”

"No wonder." Li Meng suddenly realized.

“But no matter whether these people are really bullish on the market, or whether they are using real money to go long, as long as they continue to speak out and continue to firmly shout the slogan of going long, it will always have some effect on the market. ." Su Yu said, "After all, what the current market needs is not 'old leeks', but a large number of potential 'new leeks' outside the market. As long as we can fool these potential 'new leeks' or 'sub-new leeks' outside the market. 'If we actively enter the market and provide continuous incremental funds to the market, then the market will have a steady stream of live water, and the market will naturally be able to continue to develop."

When Li Meng heard what he said, he was a little surprised, but at the same time he felt a little funny, and said: "'New Leek', 'Second New Leek', 'Old Leek'... these terms of yours are really... a loss to countless retail investors inside and outside the market. The crowd still regards you as a 'light' in the market."

"It's just a joke." Su Yu said, "In fact, at this time, investors who can follow the slogan and enter the market can make money no matter what, as long as they have patience and determination. After all, the market's emotional, financial, and The fundamentals are really in a clear reversal, and the money-making effect is really continuing to improve.”

Li Meng nodded and responded: "That's true. Sometimes I think about it...the wind of macro policy direction is still the biggest investment theme!"

"This is natural." Su Yu said with a smile, "The highly regulated market, the market dominated by emotions, and the wind of natural macro policy direction are the most certain direction of speculation, but this thing... sometimes, it still needs to be gathered together Judging from industry fundamentals and market valuation levels, after all, the policy wind direction is just wind, not the flame that ignites the market. If you only focus on the wind direction and ignore the actual flame, it will be all in vain in the end."