Chapter 176 The Portfolio Adjustment Is Complete, only East Wind Is Missing!

"Mr. Su, something happened..."

Li Meng stared at the many 'Shanghai Free Trade Zone' concept stocks held by the fund and said in surprise: "There are continuous financial attacks, and they are large-scale attacks. Basically, all the related concept stocks we hold are currently on the market. , all have relatively obvious traces of large-fund attacks. This should be... the news you mentioned has begun to spread in the market, right?"

"I saw it." Su Yu nodded and replied, "The entire Shanghai stock market has a comprehensive financial attack. It seems that big funds have indeed started to act, but..."

Su Yu stared at the changing market, looked carefully, paused, and continued: "Judging from the current situation of the entire Shanghai stock market, the focus of financial attacks is actually on the financial stocks in the Shanghai stock market. , and did not grasp the essential point. This shows that the funds for the attack have probably been heard, but the information is not accurate. "

"Yeah!" Li Meng nodded in response and continued, "Regardless of whether the news is accurate or not, if there are funds, it already shows that the 'Shanghai Free Trade Zone' line you guessed is very likely to exist. Yes, this is good for us. As long as the news continues to spread and ferment, this main line will become more and more obvious. "

Since there was no movement on the fund opening line for so long, Li Meng was actually quite skeptical about the investment logic of this line.

Today, the large-scale movement of funds in these stocks can be regarded as confirming the logic of this line.

She was naturally very happy.

"Now that the news has begun to spread, the logic will not be falsified..."

Su Yu thought for a while and continued: "Then hurry up and buy, and add all the positions reduced from the stocks that were previously held in Wangsu Technology, Fenda Technology, Huaqingbao, LeTV... to Lujiazui , Shanghai Stock Exchange, Shanghai-Hong Kong Group, Pudong Jinqiao, Jinjiang Investment... these are the main concept stocks we have planned.

"Okay!" Li Meng responded, "I only have the last part of the funds left and I haven't bought it yet."

Since Su Yu first issued the order to take profit and adjust positions, the entire trading team has been completing this matter in the past few trading days. Now, the position of the 'non-Shanghai Free Trade Zone' concept stocks in the fund's positions has been reduced. In place, the opening of the 'Shanghai Free Trade Zone' series of concept stocks is basically completed, and if the funds in the fund account operated by Su Yu are not counted, the current surplus in their hands can be used to build positions. Only 11% of the current net asset value of the entire fund remains, which means that the overall position of the fund has reached about 89%, which is almost full.

As the entire trading team steps up their positions...

As time went by, the market prices of the two cities diverged again, but this time the differentiation was a state of strong and deep weakness in Shanghai.

I saw that the ChiNext Index continued to fall step by step under the drag of the continuous adjustment of the concept sectors related to "Pan-Mobile Internet" and "Smart Terminal Equipment". At 10:12, the decline once again exceeded 1%; while the Shanghai Stock Index fell due to consumption , the financial rebound has remained above the red plate.

And the entire market hot spots have transitioned from concepts such as 'Internet finance', 'mobile games', 'wearable devices' and other concepts that were continuously speculated in the early stage to concepts such as 'restructuring and backdooring', '4G development', and 'beverage manufacturing'. , among which the liquor sector and the 'ST Shell' sector led the gains in the two cities.

As for the stocks related to the ‘Shanghai Stock Exchange’ that have changed...

Due to the uncertainty of logic and the fact that it was only a very small number of funds that received vague information, after a wave of simultaneous movements, there was no follow-up from active funds in the entire market, so it slowly fell back. Whether it is the popularity or the number of investors paying attention, it is far less than the concepts such as 'restructuring backdoor', '4G development', and 'beverage manufacturing' that are being sought after by active funds in the market and used as market hype to switch between high and low.

Of course, in this sector, Shanghai Steel Union, a core concept leading stock that has led the market for more than two months, even though it went out of the sky yesterday, today its market attention and trading conditions are still extremely fierce. , can be regarded as an exception.

After opening sharply lower, this check once surged into the red.

It's just that the sentiment on the GEM is still too bad, and after the major concepts of 'restructuring and backdooring', '4G development', and 'beverage manufacturing' were ignited by funds, they perfectly undertook everything from 'Internet finance', 'mobile games', The funds withdrawn from early core concepts such as 'wearable devices' have caused active funds in the entire market to further ebb from these early core concept sectors.

As a result, Shanghai Iron and Steel Co., Ltd., which had become popular for a short period of time, lost the funds to undertake the active market.

And it was hit underwater by the large-scale stop-loss order in the market that was eager to exit, or that lost hope.

And when the leader of Shanghai Steel Federation is completely unable to maintain its strength, and the hope of reversal and counter-insurance becomes increasingly slim...

The funds entrenched in the "pan-mobile Internet" concept sectors such as "Internet finance", "mobile games" and "wearable devices" began to retreat further, resulting in the GEM index and various stocks in these sectors. Major core popular stocks also fell further.

Finally, in this case...

At 11:07, the GEM index's decline rapidly expanded to 1.8%, a two-day drop of more than 6%. It was completely different from the previous six consecutive positive trends that refused to adjust and continued to hit new highs. This caused a large number of core concept stocks to catch up with the GEM at high levels. Investors are desperate.

At 11:21, the ChiNext Index fell by 2%, and the Shanghai Composite Index was also dragged into the water at this time.

Finally, at 11:30, when the market closed at noon.

The ChiNext Index fell by 2.13%, and the Shanghai Composite Index fell by 0.78%. The differentiation between the two markets was still quite obvious.

Among them, in the situation where the two markets were basically in a general decline, the entire "pan-mobile Internet" concept-related sector in the ChiNext, which was the core of the previous speculation, still led the decline today, while the "ST sector" and "white wine" sectors led the rise, and funds in these two sectors showed a large inflow.

Among the core hot stocks with high attention...

Shanghai Steel Union's stock price fell 6%, with a half-day amplitude of nearly 10%, and a turnover of over 530 million; Fenda Technology's stock price fell 5%, and it has returned to the lowest position of the two limit-down boards under the previous negative news; Netspeed Technology maintained a violent sideways shock, and among all the core concept hot stocks that were hyped in the early stage, it was the strongest, and it has adjusted the least in the past two days; Huaqingbao fell 7% in half a day, and the volume increased simultaneously, and the decline was the most violent, and it seemed that it would hit the limit in the afternoon.

In general, the active funds in the entire market.

Today's choice direction is to escape from the high-level core hot concept stocks, and enter the low-level, or in other words, it has been adjusted for a long time, and there are certain expectations for the future.

Of course, compared with the previous active funds in the entire market, the consistency and continuity in attacking the concepts related to the "pan-mobile Internet".

Today, the scope and direction of the attacks of various funds are obviously more dispersed.

In other words, after the adjustment of the macro speculation main line of "pan-mobile Internet", which is expected to have strong future, the market has temporarily lost its direction. There are serious differences in the choice of future speculation direction of various funds, and there is no consistent expectation and attack direction.

And Su Yu understands...

When the market is in a stock game and the overall investment sentiment is not good.

The active funds in the market that cannot support the overall market cannot use their strength in one direction under the expectation differences, and cannot create and truly bring out a speculation main line with a continuous money-making effect that can lead the market upward.

In other words, under this market trend and performance, the market will not be good.

And just as he guessed...

After the emotional fermentation at noon, the market opened at 1 pm.

The two major concept sectors of "reorganization and backdoor listing" and "beverage manufacturing", which had been hyped up by funds and led the two cities, began to gradually increase their selling, while the active funds that took the initiative to undertake continued to weaken as the trading time went on.

At 1:20 pm, the two major concept sectors began to dive rapidly.

Then, at 1:32.

The short-term investors who were active in the market saw that these two major concept sectors could not lead the two markets and create a continuous money-making effect.

They began to choose other directions to attack.

However, no matter which concept these active funds chose to pull up, they could not gather market sentiment and large-scale fund following effects on a large scale for a while.

So, when the time moved to 2 o'clock and entered the end of the trading day.

Like headless flies, many short-term funds began to flow back to the core hot stocks and hot concept sectors of the GEM that had fallen sharply.

I saw...

At 2:07, Shanghai Steel Union, which fell nearly 8% and fell to 52.55 yuan, ushered in a large-scale fund bottom-fishing, and the stock price rose sharply.

At 2:09, Huaqingbao, which had been locked in the limit down, opened the limit down.

At 2:12, Fenda Technology rebounded from a drop of about 5% and turned red.

At 2:15, Netspeed Technology continued to rise under the attack of 5 consecutive large orders of 2,000 lots, with an increase of more than 4%, and once again hit a new historical high with great strength, and the stock price reached 68.76 yuan.

At 2:21, Shanghai Steel Union turned red, and the active funds in various markets, after failing to switch between high and low, had no choice but to return to the original speculation path.

At 2:26, ​​the decline of the ChiNext Index shrank to less than 1%, which was the same as the decline of the Shanghai Composite Index.

At 2:37, the hot concepts of "shell restructuring", "beverage manufacturing", "4G development" and so on in the morning fell across the board, and the funds in the sector changed from a large inflow state to an outflow state.

At 2:42, the local sector of the "Shanghai Stock Market", which had a wave of abnormal movements at the beginning of the morning, moved again, and another wave of large funds entered to buy the bottom, but the specific direction of its attack was still focused on the financial stocks in the local stocks of the Shanghai Stock Market, and did not focus on the logistics, ports, infrastructure, and commercial operations of the local stocks of the Shanghai Stock Market.

At 2:48, as the financial stocks in the local stocks of Shanghai Stock Exchange continued to surge, the speculation of various funds in the market began to tilt towards the favorable direction of the entire "big finance", so whether it was the main board or the entire "financial field" stocks in the direction of the GEM, many funds rushed to buy them in the closing.

Finally, at three o'clock, when the market closed.

Thanks to the market reversal in the last hour of the closing, the decline of the GEM index shrank a lot, and finally only fell by 0.76%; the Shanghai Composite Index only fell by 0.54%. The two markets can be regarded as another V-shaped reversal intraday pattern.

In addition to the index...

In terms of individual stocks, Shanghai Steel Union finally closed with a 2.1% increase, with a turnover of 860 million. It bottomed out and rebounded. It saved the face of some leading companies and the mood of being completely wiped out yesterday. It also made the majority of people who are still paying attention to this stock Investors have a glimmer of hope that they will turn around and hit new highs again in the future.

Fenda Technology finally closed at a 3.7% increase, but it did not completely reverse yesterday's decline.

Wangsu Technology surged by more than 7%, with its stock price approaching the 70 yuan mark, leading the rise in the core constituent stocks of the entire GEM Index, and at the same time, attention also surged again.

Other popular concept stocks in the early stage have fallen between 1% and 5%, all of which have bottomed out and rebounded.

As for the performance of individual stocks on the main board, many stocks that were speculated in the morning, including the core liquor concept stocks, fell back to the original starting point when the market opened in the morning, trapping a lot of funds chasing today's highs.

Generally speaking, today's intraday amplitude is relatively small and the profit-making effect is relatively good.

It is the "Shanghai local" sector stocks that are ignored by active funds in the entire market throughout the day and are not considered to have sustainable profit-making effects.

Of course, this sector is hot.

In the end, it was still hidden in the changing concept of ‘big finance’.

Investors in almost the entire market and major funds from all walks of life believe that the main line of fund attacks in the late trading and the direction in which potential benefits may occur during the weekend are in the direction of "big finance" rather than the "Shanghai local" sector.

After the market closed, retail investors, hot money, and institutions in the market had huge differences in their understanding of today's market trends...

Many people believe that the next main line of market speculation will still be on the GEM.

Only the new economic field of GEM, that is, the concept section related to "Pan-Mobile Internet", can gather popularity and continue to lead the market.

And many people believe that compared with the main board, the current valuation of the GEM has broken through to the height of a bubble, and the short-term increase has been huge, and it is impossible to continue to speculate. This indicates the direction of the main line of speculation in the future. You must only look for it from the undervalued main board, and... only when the valuation and popularity of the main board increase, and the valuation scissor difference between the Shanghai Stock Exchange Index and the GEM decreases, will it be conducive to the continued strength of the market outlook.

The two views collided fiercely, and the differences were very obvious.

"Su Yu, what do you think?"

After the market closed, when investors in the market were having a heated discussion, Zhao Qiang opened Su Yu's chat box on the chat software and asked: "Do you think the next direction of speculation will be towards the main board or the GEM?"

This time, he followed Su Yu's speculation and nearly doubled his profit on the Shanghai Steel Union stock.

Therefore, I admire and appreciate Su Yu very much in my heart.

"After the sentiment of the GEM's early popular concept sectors has reached its peak, the current distribution of hot spots in the entire market is quite scattered." Su Yu replied, "Based on the current market analysis, the entire 'pan-mobile Internet' concept whose sentiment has reached its peak, In the short term, without readjusting the chip structure, it is definitely impossible to speculate further, and the entire active capital volume in the current market is not supportive and cannot bear the entire market pressure that continues to rise. "

"As for the direction of speculation in the market outlook, is it biased towards the main board or the GEM..."

"I don't think it matters."

"As long as the next hot spot has sufficient underlying logic, can be unanimously recognized by active market funds, and can produce sustained money-making effects, then whether it occurs in stocks with the core GEM board or in stocks with the core board of the main board, Above, it’s all the same.”

"That's right!" Zhao Qiang responded, "Just look at the capital flow and underlying logic. It makes no sense to care about the valuation gap between the main board and the GEM."

"Then what you think..."

Zhao Qiang paused and then asked: "What do you think will be the next main line of market speculation? Judging from today's market performance and the direction of various financial attacks, the concept of restructuring and backdoor, the concept of 4G development, and some good expectations on the main board The high-quality white horse concept seems to be unable to gather the centripetal force of active funds in the entire market and form a consistent main line of speculation!”

"What is the next main line? At the moment... I can't tell." Su Yu said, "I can only feel it when the market opportunity arrives."

"Market opportunity?" Zhao Qiang was stunned.

"Yes." Su Yu replied, "A hype logic that can be recognized by active funds in the market. The origin of this logic may be policy news, or it may be a favorable turning point for a certain industry... Anyway, we will see as the market develops. , Now in the entire market, the directions of capital attacks are very scattered and there is no way to form a joint force. The market is not easy to control. The best policy is to choose to avoid it for the time being. "

"Okay!" Zhao Qiang chuckled, "When you say that, I understand."

"Oh, right..."

Zhao Qiang paused and then said: "Thanks to you, I have made a lot of money. Are you really not free this weekend? I really want to treat you to dinner."

"Later!" Su Yu replied, "I have something to do on the weekend."

"That's okay." Seeing Su Yu's refusal again, Zhao Qiang did not continue to press, and said, "If you have any trouble, remember to call me. As long as I can solve it, I will definitely settle it for you."

"Okay!" Su Yu smiled and accepted the friendship.

Afterwards, the two continued to chat and then went offline.

Su Yu closed the chat box, turned around, and took a look at the fund account he operated. He already had a position of 170 million in Waigaoqiao, and more than 90 million in cash. He asked Li Meng: "How is your trading group's position building? Has it been completed as planned?"

Li Meng nodded and said: "It has been completed. The last 120 million funds have all been invested in the 6 concept stocks related to the 'Shanghai Free Trade Zone', and the position weight of each stock is exactly as we discussed before. Now... our fund is already in a full position."

"Okay!" Su Yu nodded slightly, "Then next, everything is ready, only the east wind is missing."

"Just don't know when this east wind will come?" Li Meng responded with a smile.

Su Yu thought carefully about the time point for the implementation of the major economic development policy of the 'Shanghai Free Trade Zone' in his mind, and smiled and said: "It's almost there. The market's leading insider information troops have begun to flow in, and various rumors are also gradually increasing, which proves that the storm is not far away."

The duck knows first when the spring river water warms.

When the market "duck" of insider information funds starts to run, then the footsteps of "spring" are really approaching.