The investment era of rebirth

I saw that the market had just started to beat.

The Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index and ChiNext Index rose rapidly under the fully brewed bullish sentiment.

In just one minute, the Shanghai Stock Exchange Index and the A50 Index returned to above the 1% increase mark. At the same time, the Shenzhen Stock Exchange Index and the ChiNext Index also rose back to the 0.8% increase position.

At 1:02, "Huaxin Securities" exploded with a capacity of nearly 500 million in just one minute, and the intraday transaction volume reached the 17 billion mark.

At 1:03, ‘Bluestone Heavy Equipment’ opened the lower limit, and the stock price rebounded.

At 1:04, the stock price of Huake Dawn also rebounded from a decline of 7 points to a decline of 5 points.

At 1:05, the ‘sub-new stocks’ sector rose again, with near-end sub-new stocks rising rapidly.

At 1:06, the 'national defense and military industry' industry sector rebounded, and nuclear power, military industry, domestic aircraft carriers, large aircraft, and Beidou navigation concepts that are closely related to it also showed a clear rebound trend.

At 1:07, the intraday increase of "Huaxin Securities" rebounded to 4.5%, and at the same time, the intraday turnover expanded to the 17.6 billion mark.

At 1:08, the stock prices of the three Internet financial swordsmen of "Great Wisdom, Flush, and Oriental Fortune" rebounded.

At 1:09, the check for 'Yingkou Port' also turned red and rose sharply.

At 1:10, the intraday increase of "Huaxin Securities" returned to the 5% mark. At the same time, the intraday turnover expanded to the 18 billion mark.

At 1:11, the share price of Huaguo Construction returned to 3%.

At 1:12, the two stocks "Shanghai Steel Union" and "Hua Ke Financial" rebounded almost simultaneously, and continued to lead the rise in concept stocks in the entire Internet financial sector.

At 1:13, the stock price of Huaxin Securities once again hit the daily limit.

At 1:14, ‘Xiangcai Securities’ also showed signs of closing the daily limit.

At 1:15, in the main line of "big finance", the total main capital buying and selling trend, the net outflow gradually weakened.

At 1:16, amid the recovery of core main lines such as 'Big Finance', 'Big Infrastructure', and 'Military Industry', 'Big Consumption', 'Non-ferrous Cycle', 'Petrochemical Industry', 'Mobile Internet', and 'Smartphone Industry

In main areas such as blockchain, the net inflow of main funds has begun to weaken again.

Although these relatively less popular main lines follow the trend of several popular main lines.

It's not really a seesaw.

However, there is an obvious seesaw effect in terms of main capital inflow and outflow.

And the current changes in the market are enough to show that many major funds also have big differences in the overall logic of "high-low switching".

If you have main funds, choose to retreat from the main lines of "big infrastructure" and "big finance".

But at the same time, there is also a considerable amount of funds flowing into the more powerful 'big finance' from main areas such as 'big consumption', 'non-ferrous cycle', 'medicine', 'mobile Internet', and 'smartphone industry chain'.

Core main areas such as "large infrastructure", "military industry", and "film and television media".

At 1:17, the "Shanghai Sanmao" closed the daily limit, forcefully turning the huge market divergence back into agreement.

Subsequently, driven by the Shanghai stock market closing the daily limit of Sanmao.

The entire "Shanghai Free Trade Zone" concept stocks, as well as a group of follow-up stocks that are highly related to the "Shanghai Sanmao" business and trend correlation, are also strengthening rapidly, and there are short-term rises one after another.

At 1:18, the core concept theme of "reform and reorganization of central and state-owned enterprises" is also picking up, and the corresponding component stocks have strengthened one after another.

At 1:19, the Shanghai Stock Index returned to its intraday gain of 1.2%.

At 1:20, the A50 index's intraday increase returned to more than 1.5%. The two core weighted industry sectors of banking and insurance, as well as the securities sector index's intraday increase, all returned to the 2% increase position.

Subsequently, the combined main funds of the two cities began to gradually change from a net outflow state to a net inflow state.

Later, just when everyone thought that the market situation had completely recovered, today's market situation would still close with a big positive line.

But I didn't expect...

After 1:30, a huge amount of concentrated selling began to completely suppress the market's downward fluctuation.

At 1:35, the net outflow of major funds from the three major financial industry sectors of securities, banking, and insurance began to accelerate.

At this time, when the stock price of ‘Huaxin Securities’ fell back below the 4% increase.

The daily transaction volume exceeded 20 billion.

At 1:36, after struggling for almost half an hour, ‘Blue Stone Heavy Equipment’ closed the limit again.

At 1:37, the intraday decline of 'Huake Dawn' also fell again, and this time the decline was faster, showing signs of following the 'Blue Stone Heavy Equipment' to fall to the limit.

At 1:38, the stock price of 'Huagong International', a core popular stock in the main line of 'big infrastructure', fell back to the flat position again, and the concentrated selling force on the market is also increasing with the times.

Thousands of major sellers placed large orders, which kept suppressing the stock price.

At 1:39, the check for 'China MCC' fell below the flat price and showed a downward trend.

At 1:40, the two checks of 'China South Locomotive and Rolling Stock Locomotive and Rolling Stock Corporation' and 'China North Locomotive and Rolling Stock Locomotive and Rolling Stock Corporation' both dropped sharply, and their stock prices turned from red to green.

At 1:41, "Huaguo Railway Construction, Huaguo Communications Construction, Huaguo China Construction, Huaguo China Railway, Huaguo Construction..." and other "Huaguo" infrastructure stocks all experienced sharp declines.

At this time, the daily trading volume of the two cities had exceeded the 800 billion mark.

At 1:42, a sharp selling trend appeared on the market of "Flush". Great wisdom, Oriental Fortune was affected by it, and its stock price also followed the trend and fell.

At 1:43, the "Shanghai Sanmao", which once closed the daily limit, exploded again, forming a bad market trend.

This chapter is not over yet, please click on the next page to continue reading! At 1:44, the stock prices of the three sentiment leading stocks in the securities sector, 'Huaxin Securities', 'Xiangcai Securities', and 'Western Securities', also all increased at the same time.

It fell back quickly. On the market, there were continuous large selling orders with tens of thousands of lots, and active selling orders continued in a steady stream.

At 1:45, the intraday trading volume of ‘Huaxin Securities’ was still expanding rapidly.

At 1:46, the stock price trends of 'Huake Financial' and 'Shanghai Steel Union' also followed the trend and fell back to near the 5% increase position.

At 1:47, the Shanghai Stock Index rose within the day and once again fell below the 1% increase mark.

At 1:48, the A50 index's gains once again fell back to the intraday low.

At 1:49, ‘Huake Shuguang’ dropped to the limit, and so far... In the entire sub-new stock sector, the two sub-new high-priced leaders have all dropped to the limit.

At 1:50, the intraday trading volume of ‘Huaxin Securities’ exceeded 23 billion.

Seeing that the two cities once again formed a trend of high volume and falling in the afternoon intraday trend, at this moment, in the Shenzhen Stock Exchange, inside the Xinniu Fund Company, in the main fund trading room, Mou Zhengxing, the trading fund manager of the 'Xinniu No. 2' fund product, carefully

Looking at the changes in the two markets, he finally had to accept the judgment of the company's asset management business manager Fang Xinsheng and said: "Mr. Fang, looking at the current market situation, it should be difficult to reverse today, right?"

Fang Xinsheng responded with a smile: "The volume of trading in the two cities has exploded to such an extent that it cannot even make up the market. It means that the market is at this position and it is basically difficult to make an upward breakthrough."

"Yeah!" Mou Zhengxing nodded and continued, "Today's turnover of the 'Huaxin Securities' check seems to have exceeded the 30 billion mark. It's really scary. In my memory, it seems that in the past history of the two cities

, there is no single stock that can achieve such a scale of trading volume within a day, right?"

Fang Xinsheng replied: "Today's intraday transaction volume of the 'Huaxin Securities' check is indeed terrifying. It should exceed all the expectations of the investor group who are paying attention to this stock."

"Such a large amount... I don't know who is throwing it." Mou Zhengxing sighed with emotion.

Although Fang Xinsheng had previously anticipated the central bank's interest rate cut and the RRR cut, which were fully anticipated by everyone, there is a high probability that when they are implemented, it will cause a trend pattern that will exhaust all the benefits and turn it into a negative trend for the market. However, whether it is Fang Xinsheng or he

None of them expected that the market would release such a level of volume after the good news came to fruition.

Of course, no matter how the current quantity can change.

Both of them agreed at this moment that the market cannot go up here and continued adjustments are inevitable.

Therefore, judging from the previous forecast direction, it is a very correct trading strategy to reduce positions of the main fund products they manage to low levels in advance.

Fang Xinsheng thought for a moment and said: "There are a lot of funds sold today, but the main thing... should be the short- and medium-term profit orders accumulated in the early stage, unwinding orders, and those who have the advantage of information channels and lurk in the 'big finance' in advance

A large number of latent orders coming from the core main line, of course... there is also a core main force that everyone is more concerned about, which is also likely to be sold rapidly today."

Mou Zhengxing thought for a moment and said, "Mr. Fang is talking about the 'Yuhang Department' as the core main source of funds, right?"

Fang Xinsheng nodded and said: "Yes, this core main force of funds is also selling chips crazily today."

"How can we see that the core main funds of the 'Yu Hang Group' are also selling off on a large scale?" Mou Zhengxing asked with some confusion, "Just looking at the two core main lines of 'big finance' and 'big infrastructure' is crazy

Can the explosive trading volume be achieved?”

Fang Xinsheng smiled and said: "It's not just that. Look at what the market has summarized. The 'Yu Hang Group', the main force of funds, is likely to have heavy positions in stocks, such as the core weights of securities stocks, core banks, and insurance weights in the securities sector.

There are stocks, as well as "China-headed" weighted infrastructure stocks with high liquidity in the main line of "big infrastructure", as well as corresponding holding stocks in the Internet finance field, film and television media field, and smartphone industry chain field. Take a look at these stocks.

Is there a huge increase in volume today, and the trend of stock prices fluctuating and falling under pressure is obviously more dramatic than other stock prices."

Mou Zhengxing observed carefully for a while and found that this was indeed the case. He couldn't help but said: "It seems that Mr. Su of the 'Yuhang Department', after making huge profits, couldn't help but see the news of the central bank's interest rate cut and RRR cut.

Profit has been cut, but it is understandable. Not to mention that it is now the end of the year. The main financial group of the 'Yu Hang Group' has a need for net worth settlement. Just say that in the past two months, they have

Even after making such huge profits, we should stop taking profits and harvest them.”

"This should be just one of the reasons why this main force of funds is reducing its positions and taking profits." Fang Xinsheng said, "I think what really causes this main force of funds to reduce its positions and take profits is that this main force of funds feels that the next market adjustment will not be in space.

In terms of time, it won’t be short.

After all, a major fund product like this with a scale of hundreds of billions.

Whether it is reducing a position or opening a position, it is very difficult.

Generally speaking, if the market is undergoing a relatively benign adjustment, there is not much room and time for adjustment, and the underlying investment logic of the market is relatively stable, such main funds will not easily lighten their positions and give up their chips."

"The time and space for adjustment will not be short?" Mou Zhengxing thought for a moment and asked, "So, the bull market logic of the market needs to be verified and tested again?"

Fang Xinsheng nodded and said: "That's for sure. The previous rise has continued, the accumulated profit orders and arbitrage are not continuously cleaned, and the chip structure is not further readjusted. If we keep moving forward with a heavy load, even if the market volume can explode,

If it reaches more than 1.5 trillion, it may be difficult to drive the market to continue to rise.

This chapter is not over yet, please click on the next page to continue reading! Therefore, make a deep adjustment and reorganize the chip structure.

It is still necessary for the current market.

Moreover, I feel that if there is the inducement and guidance of the main funds of the 'Yu Hang Group', the chip structure should be adjusted more firmly during this wave of continuous adjustments in the market, and the height of the future bull market should be even higher.

right."

"In general, the future must be optimistic, right?" Mou Zhengxing continued.

Fang Xinsheng nodded slightly and said: "It is definitely optimistic. The market has generally formed expectations for a bull market. As long as the Shanghai Stock Index does not break below 3,000 points during subsequent adjustments, everyone's expectations for a bull market will always exist. According to the entire market

Based on the current valuation level and the cost factor analysis of profit-taking, even if the market adjusts violently and falls sharply, there is basically no possibility of falling below 3,000 points again."

When Mou Zhengxing heard what Fang Xinsheng said, he smiled and said, "That's good."

"However, although the space is likely to be determined, the time is not likely to be short." Fang Xinsheng continued, "And this is what I advocate for our company's fund products. We should try our best to reduce positions and take profits at the current position, and then wait for the market

The reason for retracement and then getting back the corresponding chips.”

"Well, Mr. Fang is still awesome." Mou Zhengxing praised from the bottom of his heart.

Then, when he turned his attention back to the two markets...

I saw that at this time, the market trading time had already entered 2 o'clock in the afternoon.

When the time entered 2 o'clock in the afternoon and entered the last hour of late trading, the long and short trading on the two markets began to become more intense.