The investment era of rebirth

"Okay!" Zhou Qiang responded, and then quickly issued trading instructions to the traders.

Subsequently, traders executed trading orders one after another and used the capital accounts they operated to further sell off stocks held in the 'military industry' sector on a large scale.

At 10:26, the 'Military Industry' sector index, which had already retreated to near the opening position, began to fall further, showing an extremely weak trend. Among them... Hongdu Airlines, which had once sealed its daily limit, within a few minutes

, the increase dropped back to around 6%.

However, the once-vibrant concept field of "military industry" has rapidly declined, and major funds have continued to flow out significantly.

As the core hot topics in the two cities, the two main areas of ‘infrastructure’ and ‘state-owned enterprise reform’, various concept sectors, and industry sector indexes are still slowly fluctuating higher.

Of course, the market situation is closely surrounding the two main threads of ‘infrastructure’ and ‘state-owned enterprise reform’.

The best-performing and most enthusiastic money-making effects are still the concept sectors such as "Public Transportation", "Shanghai Free Trade Zone", "Smart City", and "High-speed Rail" that showed strong strength at the beginning of the market.

At 10:31, in the "Shanghai Free Trade Zone" concept sector, which led the two cities to rise, more than 6 low-level concept stocks hit the daily limit. In the entire sector, the main funds showed signs of accelerating the inflow, setting off a daily limit wave.

At 10:35, the Shanghai Stock Exchange Index rose to 2245.49 points, setting a new intraday high and a new rebound high. The increase exceeded 1% and reached 1.16%. At the same time, the Shenzhen Stock Exchange Index, the ChiNext Index, the Small and Medium Enterprises Index and other indexes,

The increases have also rushed to more than 0.5%, and a general rise in the two cities has begun to take shape.

At 10:42, Beixin Road and Bridge, the popular leader in the two cities, returned to the 8% position, and it is likely to continue to hit the daily limit.

At 10:46, the small and medium-sized board and GEM pointed to the direction. There were some changes in the field of 'growth stocks' with 'mobile Internet' and 'smartphone industry chain' as the core. Huaqingbao, Wangsu Technology, and LeTV showed straight lines.

Pull up.

At 10:51, the Shanghai Stock Exchange Index stood at the 2,250-point mark, and the trading volume between the two cities exceeded 60 billion.

At 10:55, Beixin Road and Bridge hit its daily limit again with nearly 17% of the shares changing hands.

At 10:56, the daily limit of Beixin Road and Bridge was sealed, and the turnover exceeded 500 million, achieving the third consecutive daily limit, further opening up the market's speculation space in the two main areas of 'infrastructure' and 'state-owned enterprise reform'.

At 10:57, driven by the Beixin Road and Bridge sealing the daily limit and further opening up the market for speculation, the early popular leading stocks in the two core main areas of 'infrastructure' and 'state-owned enterprise reform', such as Shibei High-tech and Shanghai Sanmao

, Shanghai Steel Union, Shanghai Construction Engineering, China Fortune Land Development, Kumho Group... and other stocks, there are signs of a rapid rush for funds on the market, and the stock prices have risen sharply.

At 10:59, when the core popular stocks in the fields of "infrastructure" and "state-owned enterprise reform" collectively rioted and rose, the Shanghai Stock Exchange Index also showed a straight upward trend, breaking through 2255 points and 2260 points in one breath, directly

The intraday high was refreshed to 2263.33 points, and the increase also climbed straight to nearly 2%.

Immediately afterwards, at 11 a.m., among the nearly 2,000 stocks in the two cities, the number of red stocks reached 90%, and the money-making effect reached the peak after the opening.

"Market volume can be released, and sentiment has followed up very well."

When the Shanghai Composite Index broke through all the way and was approaching a 2% increase, inside Yuhang and Yuhang Investment Company, in the fund trading room, Li Meng stared at the rapidly changing market conditions of the two cities and said with a smile: "Today's overall market conditions are layered.

It’s very strong. Now the general rise in the two cities has basically taken shape. There shouldn’t be any surprises in the subsequent trend, right?”

"Yes!" Su Yu responded with a smile, "If there is no special bad news in the market during the closing period at noon, the index should remain strong until the closing, but..."

Su Yu paused, and then continued: "In the subsequent market trading hours, the increase in the index should not deviate too far from the current position. After all, the volume this morning was a bit too large, and the market in the afternoon will definitely not be able to take over.

It will be as strong as in the morning, and the force of the index's continued upward impact will gradually weaken as the subsequent trading hours progress."

"There is no need for a big positive line breakthrough." Li Meng said, "At this position, if the index can maintain a strong state, continue to fluctuate, adjust the chip structure on the market, and at the same time further gather the market's money-making effect and investors' long sentiment, it will be very good, and the rise will

If it goes too fast, the internal chip structure will be unstable, which is not a good thing."

After following Su Yu for a long time, she analyzed the market trends under the influence of my ears and eyes.

It is also becoming more and more transparent.

She could now clearly sort out the investment logic and market trends that she couldn't understand before, and find out the opportunities and risks.

Of course, in actual application, she is still not as precise and decisive as Su Yu.

But compared with her before, she can feel that her investment ability has grown significantly, and she can realize that her investment thinking and way of thinking are now very different from before.

"Master, today's changes in the military industry sector don't feel normal!" While Li Meng was deep in thought, Liu Yuan interjected, "When the index was not so strong at the beginning of the session, this sector performed quite strongly, and once rushed into the two cities.

At the top of the gainer list, but now that the index has continuously crossed the threshold and the entire market has shown a strong money-making effect, this sector has become even weaker. Step by step, it has dropped from the top of the gainer list of the two cities to the bottom of the two cities.

Top of the list of declines.”

"It's not normal." Su Yu had already observed the abnormal performance of the 'military industry' sector, and asked the many traders behind him with a smile, "Then what do you think... What caused this sector to have such an abnormal trend today?

"

"There must be some bad news!" Wang Can replied first, "The capital flow of the entire sector has shown a large outflow, and in the market trading, it continues to be weaker than the performance of the two city indexes. The major core stocks in the sector are

Selling is also emerging one after another, which can only mean that there are potentially important negatives, and the main funds will sell chips at low levels and escape from this area."

"Oh?" Su Yu heard Wang Can's words and continued to ask, "Why did this sector rise at the beginning of the market? If there is a potentially important negative impact, then this sector should be in a weak state after the market opens.

There is no reason to get out of this kind of sharp pull and drop pulse-like fluctuations."

Wang Can smacked his lips when he heard Su Yu's words. He didn't know how to analyze this trend for a while.

"It should be caused by the continuous outbreak of the two core main lines of 'infrastructure' and 'state-owned enterprise reform', which caused the market siphon effect." Zhao Lijun took over and said, "Looking at the overall market performance, it is not just the military industry that is bucking the trend and falling at the moment.

"Big financial" fields such as banking, insurance, and securities, as well as the consumer and pharmaceutical sectors, are also sluggish today. Among them, banks and securities are weaker than the military industry, and they are also bucking the downward trend of large capital outflows."

Su Yu heard Zhao Lijun's analysis, nodded slightly, and said: "There is a reason for the main market trend and the fund siphoning effect on other weak areas, but again...simple 'fund siphoning' cannot explain the Panchu military industry field.

A straight-line rise, a pulse trend that once exploded rapidly.”

"The sudden explosion in the military industry sector at the beginning of the market should be a bullish move, right?" Zhu Tianyang, a core trader, answered.

Su Yu glanced at Zhu Tianyang with a smile, somewhat relieved, and continued to ask: "From now on, it is obvious that the sharp pull at the beginning of Panchu is to lure bulls, but what is the purpose? What is the purpose of the main funds to lure bulls?"

"The purpose of attracting more money is naturally that the main funds want to sell at a high level." Liu Yuan answered, paused, and with Su Yu's reminder, she had roughly clarified the logic of market changes in the 'military industry' field, and her eyes lit up.

, continued, "I understand, Master... This is the main force lurking in the 'military industry' field, taking the opportunity to induce long selling and complete the move of position adjustment."

Su Yu nodded and said with a smile: "To be precise, it is through the position data released by our fund that there are a few positions in the military industry to induce bullish buying and induce some investor groups in the market to follow suit in an attempt to increase the number of military industry positions.

The market liquidity in the field allows them to better exit positions and at the same time reduce losses when exiting positions.”

"If what I expected is good..."

Su Yu paused and said: "This should be a self-rescue and position adjustment behavior directed and performed by a large organization in the 'military industry' field."

"Speaking of which, this main force's withdrawal from the 'military industry' field is also considered smart."

"However, the investment logic in the military industry essentially requires strong external events and policy stimulation. Currently, there is no such favorable east wind in this direction."

"So, even though this main force of funds had a short-term riot in a straight line at the beginning of the market."

"However, due to the lack of basic investment logic, following the trend, and the serious lack of funds for the main followers, the market failed to pull up, and this resulted in pulse-like fluctuations of highs and lows."

"Of course, when the market pull failed and the market gradually fell back."

"The fact that the main funds in this sector can flow out so much and the selling price can be so heavy is also due to the 'fund siphoning' effect on this sector in the main line of market conditions as mentioned by Li Jun."

"And, it's foreseeable..."

"With the market conditions, the two core themes of 'infrastructure' and 'state-owned enterprise reform' are increasingly converging. There is a lack of basic logic driving the market, obvious money-losing effects, and there is currently no room for imagination and future expectations in industry and sector areas.

, this 'fund siphon' effect will become more and more serious."

"All in all, the incremental funds in the market are still unable to support a comprehensive and sustained market situation."

"No matter how the market conditions and emotions are interpreted, the market will only produce partial investment prices, and its differentiated trend will not change in any way."

"I understand!" Liu Yuan responded.

In the trading room, other traders understood Su Yu's words to some extent.

"If the market has always been partially differentiated, then it should be difficult for the index to truly stand on the bull-bear line of 2,500 points, right?" After listening to Su Yu's analysis, there was silence for a while, and Zhao Lijun continued, "So... the index

We have to remain in a volatile situation for a long time, and our profit-stop targets on the two core themes of 'infrastructure' and 'state-owned enterprise reform' are probably about the time when the Shanghai Stock Exchange Index hits around 2,500 points."

"That's almost it." Su Yu nodded slightly, "But this is just our preliminary expectation. How will the market go next? The continued inflow of incremental OTC funds, what level the volume and energy will reach, and from a macro perspective,

Whether any major positive news will be released that exceeds expectations...these are all variables."

"It's closed!" Li Meng suddenly reminded during the discussion.

At this time, Su Yu came back to his senses and turned his attention back to the two markets that had been fixed.

After two hours of continuous trading in the morning, the Shanghai Stock Exchange Index finally settled at 2255.37 points, up 1.62%, while the Shenzhen Stock Exchange Index and ChiNext Index rose 1.26% and 1.08% respectively. The two cities had a total turnover of 72.136 billion. Compared with the same period before the holiday, the volume

Can have obvious amplification performance.

And besides index performance…

The core of the market speculation in the two cities still revolves around the two main lines of 'infrastructure' and 'state-owned enterprise reform'.

Among them, the 'Shanghai Free Trade Zone', 'Public Transportation', 'Rural Revitalization', 'High-speed Rail', 'Real Estate' and other sectors led the gains, while the 'Military Industry', 'Bank', 'Securities', 'Pharmaceutical' and other sectors led the gains.

Leading the decline, the two main lines of 'mobile Internet' and 'smartphone industry chain' closely followed the fluctuations of the market index.

As for individual stocks, Beixin Road and Bridge, the conceptual leader of the two cities, continued to close the daily limit and continued its strong momentum. Shibei New High rose by 6.37%, Shanghai Steel Union rose by 5.22%, Shanghai Sanmao rose by 4.89%, Hi-tech Development, Shanghai Construction Engineering, Huagong

International and other ticket prices increased by more than 3%.

‘Infrastructure’ and ‘state-owned enterprise reform’ are popular large-cap stocks in the early stages.

Stocks such as China Railway, Huaguo MCC, Huaguo Communications Construction, Huaguo Construction, Gemdale Group, Huaguo Steel, Conch Cement, etc., rose slightly more than the Shanghai Index, ranging from 2% to 3.5%, and they all showed high prices.

The pattern is heavy with heavy volume and strong fluctuations, and the trading is very intense.

Faced with this midday closing situation...

The investor group in the entire market is relatively excited and excited.

After all, except for a few weak sectors, the overall money-making effect of the market is extremely strong, and the index almost closed near the highest point in the session when it closed at noon. Whether it was investors who followed up in the early trading or after 10 o'clock in the morning,

Investors who chased at high prices basically made money when the market closed at noon.

"It's a good start. Let me tell you, the market will definitely be better after the holiday."

During the lunch break, on the online stock trading forum, groups of retail investors who made money expressed their opinions with high spirits and excitement.

"Haha, the volume has increased sharply. Sure enough... after the index crosses 2200 points, it is really flat."

"This wave, we will see at least 2,500 points."

"What are you looking at at 2,500 points? It goes straight up to 3,000 points. Even Mr. Su said this is the starting point of the bull market. Is there any pattern?"

"Haha... Indeed, it must be 3,000 points!"

"Today's market conditions are still hyped around the two main lines of 'infrastructure' and 'state-owned enterprise reform'!"

"However, the specific concept of speculation seems to be different from before the holiday."

"Well, there is a difference. Today, China Railway, MCC, Communications Construction, Construction...the two major popular core stocks of 'infrastructure' and 'state-owned enterprise reform' before the vote have nothing to do with it.

On the contrary, many mainline stocks with less pure concepts that previously lagged behind these popular stocks have risen very well."

"Yes, concepts like the 'Shanghai Free Trade Zone', 'public transportation', 'high-speed rail' and other concepts, many stocks in the sector have risen far more than the previous batch of popular stocks."

"Speaking of it... today is more like a compensatory rise in low-priced stocks."

"To be precise, it's more like the low-priced stocks within the two core main lines of 'infrastructure' and 'state-owned enterprise reform' are making up for the gains. Other low-priced stocks, such as a large number of low-priced stocks in the banking, securities, and military industries, are still not there.

How can it move, and there are still many votes, and it has reached a new low."

"The performance of the military industry sector today is truly outrageous!"

"It's not just outrageous, it's simply outrageous."

"Hey, stop talking. I chased Hongdu Airlines in the early trading, and now I'm so angry that I'm vomiting blood. What the hell... what kind of rubbish main force? Such a good market trend can't even be blocked by the first board."

"The military industry was obviously very attractive today, but luckily I didn't get involved."

"Let's not talk about the military industry. Banks and securities, these two super large sectors, must not rise."

"Yes, it's no good when securities rise. Fortunately, there is no money to trade securities today, otherwise the market will be dangerous. I hope this sector will not move in the afternoon, giving the market a chance to cross the three lines."

"However, although today's market prices are a bit like switching between high and low within the sector, Beixin Road and Bridge, the leading stock, has still reached a new height of market speculation."

"Indeed, indeed...the strong are always strong!"

"If there are three, there are five. After Beixin Road and Bridge changed hands significantly today and hit the daily limit, it should be able to show that the chip structure of this stock has changed from divergence to consistency, right? Maybe it can be connected in the future."

"I also feel that this leading stock can still connect, but I didn't dare to buy it today, mainly because the change of hands was too big."

"Looking at the after-hours dragon and tiger ranking data in the afternoon, if Mr. Su is still locked up, it is estimated that Beixin Road and Bridge will be on an accelerator in the future."

"Hey, compared to Beixin Road and Bridge, Shibei High-tech Zone still feels much weaker!"

"After all, Long Er, you can't have too high expectations."

"But depending on the change of hands in Shibei High-tech, maybe there will be another deal in the afternoon."

"Comparatively speaking, the Shanghai Stock Exchange's Sanmao is not bad. I feel that the 'Three Musketeers of the Shenzhen Stock Exchange' will join forces to create a monster stock."

"I feel like I can buy them all. Looking at the trend...these tickets should not have reached the top."

"I didn't say anything, I will continue to add positions in the afternoon. This May should be the best time to make money in the first half of the year."

"Yes, the two main lines of 'infrastructure' and 'state-owned enterprise reform' are definitely the strongest market main lines this year. They can be compared to last year's 'mobile Internet' and 'smartphone industry chain'."

During the heated discussion among everyone, time quickly moved from 12 noon to 1 pm.

When the time passed 1 o'clock in the afternoon, the stagnant disks in the two cities began to beat again. After the mood brewing at noon, the two main areas of 'infrastructure' and 'state-owned enterprise reform', which are the core concerns of the market, saw popularity.

On the market, popular stocks have received a large number of followers, rushing to raise funds, causing their stock prices to rise linearly.