Chapter 627: Differences and Synergies Among the Main Funds!
However, in the market situation of generally opening high.
Yesterday, the market's hot themes such as "infrastructure" and "military industry", which were hit by a lot of large funds selling during the intraday adjustment, were obviously weaker than the market. Its related hot stocks and its concept leading stocks all opened flat or low, and the selling pressure on the market was still not small.
Of course, even if the selling pressure on the market was not small.
But there was no panic selling.
This shows that the overall investment sentiment in the market is still relatively good.
Faced with such a market opening situation, although the index and most stocks in the two cities opened high, for many fund groups that concentrated on holding "infrastructure" and "military industry" and other market core themes, as well as the "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", "Central Enterprises and State-owned Enterprises Reform and Restructuring" and other market concept theme themes, this opening situation was still obviously less than expected.
At the same time, seeing that the opening performance of the main lines such as "technological growth", "big consumption" and "big finance" was far stronger than the main lines of the market such as "infrastructure" and "military industry", more and more investors inside and outside the market began to realize that the market may have the possibility of "high-low switching" market trends.
So, after the market officially opened.
More and more funds began to abandon the core stocks of the market such as "infrastructure" and "military industry", and further converged to the low-level "technological growth", "big consumption" and "big finance" main lines, which also caused the corresponding stocks of the popular main lines of the market such as "infrastructure" and "military industry" to be further under pressure.
Under this change in the situation.
At 9:35, there were only 5 minutes left before the official opening of trading.
In the hot main line areas of the market such as "infrastructure" and "military industry", a number of popular stocks and concept leading stocks have exploded and plummeted rapidly.
And the rapid plummeting trend of these popular stocks
It also dragged down the index instantly, causing the Shanghai Composite Index to rise briefly for only 1 minute at the opening, and then turned around and fell straight down, swallowing up all the gains from the high opening, and fell into the water in a flash.
"Fuck, such a large volume, there is no bad news, why are the core stocks of the market, such as "infrastructure" and "military industry", so fierce as soon as the market opens?"
Faced with the rapid changes in the market trend, investors gathered on the online stock discussion platform sighed.
"Funds are flowing into some low-level main lines and concept sectors like crazy!"
"It feels like the market trend is very obvious in the high-low switching trend!"
"Today should be a day for low-level stocks to make up for the rise, and the hot main lines of the market such as "infrastructure" and "military industry" to continue to adjust?"
"Fuck, the stock I chased at the high opening yesterday has lost almost 10 points. Is this asking me to cut my losses? Should I cut my losses or not?"
"Hey, the main funds seem to be quickly fleeing from the hot main lines such as "infrastructure" and "military industry."
"Such a strong volume, is it Mr. Su who is smashing it?"
"It shouldn't be, it feels like I didn't get any meat when I chased it yesterday, but lost a lot of short-term funds."
"Hey, let's sell some first, it feels like "infrastructure", "Military industry" and other popular main lines in the market have clearly entered the adjustment stage. "
"But the low-level "technological growth", "big consumption", and "big finance" main lines have obviously not formed a unified force of funds. It seems that there are still great differences in the choice of low-level main lines. At this time, the risk of intervening in these low-level main lines is also not small!"
"Alas, it feels like the market is a mess."
"Indeed, all sectors are in chaos, and there are great differences in funds in the market."
"But the logic of low-level compensation should be correct, right?"
"Many tickets have already compensated for the increase yesterday, right? At this time... if you sell core main line chips such as "infrastructure" and "military industry" and chase some concept stocks that make up for the low-level increase, you will feel that you will be slapped in the face back and forth."
"The key Yes, you will lose money if you hold it!"
"After selling the core stocks of "infrastructure" and "military industry", I don't know what to buy when I go out."
"Indeed, I still choose to lie down and play dead in the main fields of "infrastructure" and "military industry", waiting for the market to fluctuate and the main force to clean up the market."
"It shouldn't fall too much, right?"
"It's hard to say. The hot main lines of "infrastructure" and "military industry" in the market were really killed today."
"Fuck, Huaguo Zhongye can kill 5 points."
"Tianshan Cement and Beijiang Communications Construction can kill 7 points."
"Damn, lie down, the main force is really ruthless, it's completely unnecessary to sell at this time."
"The line of "technological growth" is pulling very fast. LeTV and Huayi Brothers both rose against the trend. Over 3%, the branch line of 'Film and Television Media' will not make a comeback, right? "
"Don't look at the current rise, it is true that it is sustainable."
"It should be, right? LeTV and Huayi Brothers have been adjusted for a long time."
"Let's wait and see... I don't believe that the line of 'Technology Growth' can come out at this time?"
"Various funds are indeed flowing into the low-level main line concept, but there are indeed great differences in the choice of direction."
"There should be a winning rate today for making up for the oversold stocks, right?"
"Looking at the current market trend, it is indeed possible to make up for the low-level rise of oversold stocks, but I don't know if the subsequent market will change!"
"Who cares, let's do LeTV first. "
"As long as the market switches from high to low and the Shanghai Stock Exchange Index adjusts, the GEM Index will probably rush out, right? And as long as the GEM Index can rise, then 'LeTV', a core component stock of the GEM Index, will definitely rise. If you buy this check at this time, you will most likely not go wrong.”
"I will also do something with the Huayi brothers to verify this logic."
"I'll hold the check from Shanghai Construction Engineering first and then take a look. I always feel that...the core main lines of the market, 'infrastructure' and 'military industry', are still not finished."
“No one said that the core market trends of ‘infrastructure’ and ‘military industry’ were over.”
"Everyone agrees that the market prices of these major main lines can definitely continue to develop upwards, that is, the current adjustment... should be difficult to avoid. After all, after such a long period of continuous surge in the core main lines of these major markets, the market's The accumulation of profit taking is already quite heavy. If we don’t clean up these profit taking chips, how can we get on the main line?”
"It makes sense, but the other main lines don't have the synergy of funds and strong expected effects!"
"According to the market trend in the previous two trading days, I feel that it is definitely a trap to chase low-level mainline popular stocks at this time."
"Let's take another look and the market will tell us the answer."
Amidst the heated discussion among everyone...
Unconsciously, the market trading time has entered around 10 o'clock in the morning.
In terms of the market performance of the two cities, the market's popular main lines such as 'infrastructure' and 'military industry', as well as their corresponding popular concept stocks, are now trading at a relatively low underwater position during the session after the rapid explosion in volume at the beginning of the session. Shock, the decline will no longer expand.
As the market's popular main line, it adjusts, sells down, and makes up for the increase in the low main line, and its related concept sectors.
In the process of pulling up, the force received by the disk is obviously getting weaker and weaker without forming a consistent resultant force.
Especially the main line of ‘technological growth’.
Its related 'smartphone industry chain', 'Internet software', 'film and television media' and other sector stocks, as well as the sector concept index, during the process of rising, after a brief wave of heavy volume, they fell into a shock of rising and falling. pattern, continued to bury a batch of intraday chasing funds.
Seeing that the market is still unable to form a more consistent "high-low switching" market.
At this time, in the Magic City, within the Yinghui Fund Company, in the 'Yinghui No. 2' fund trading room, the fund manager Shao Xiaoyun, who had already adjusted and concentrated the fund's main positions in the direction of 'technological growth' in advance, sighed helplessly. In a tone, he said: "Damn, this group of funds in the market are really headless flies, running around blindly. It is obvious that the 'technological growth' line has been fully adjusted, and the expectations are relatively strong. At the same time, 'infrastructure' and 'military industry' Under the impact of profit taking, these major market hot lines have basically found room for short-term gains, but they have never been able to form a synergy. "
Sitting next to Shao Xiaoyun, Liu Changling, the trading team leader, also responded helplessly: "The market is too divergent. I feel that without further stimulation from macro news, it will be difficult to form a natural synergy."
"The key is that the differences are big, but it doesn't matter." Shao Xiaoyun said, "The main reason is that some funds on the market are doing low-level switching. If they can't come up with a core main line that everyone can agree on, open up the market situation and further gather market funds. and sentiment converge toward the lower main line.
Then, it is foreseeable that many funds will see the situation goes wrong.
It will also return to the market’s popular main lines of ‘infrastructure’ and ‘military industry’.
This is completely detrimental to us!
After all, once the funds from all parties in the market continue to flow back to the popular main lines of the market such as "infrastructure" and "military industry", then these low-level main line concepts that have just begun to show some improvement are likely to usher in another wave of obvious blood-draining effects. Funds may also be further siphoned off. "
Liu Changling nodded slightly and said helplessly: "This is a foreseeable thing. Unfortunately, the amount of funds in our fund is too small. At the same time, it does not have as much market influence as the 'Yu Hang Group', and it cannot drive market investment alone." Investors' sentiments will forcefully create space and money-making effects in the line of 'technological growth', thereby stimulating the entire market's capital and hype to converge here, and we can only passively follow the market trend."
"Hey..." Shao Xiaoyun frowned and sighed.
And now, at the same moment.
In the main fund trading room next door to the discussion room between the two.
Liu Guanhai, the fund manager of the 'Yinghui No. 1' fund, stared at the two markets, his brows also furrowed, and he didn't speak for a long time.
It is different from the ‘high-low switching’ low position adjustment strategy of the ‘Yinghui No. 2’ fund.
At the current stage, the main holding chips of the 'Yinghui No. 1' fund are still concentrated on the core popular main lines of the market such as 'infrastructure' and 'military industry'.
After all, Liu Guanhai used to be smart enough to predict market trends.
In the market trend in June, the fund's net value fell back and forth due to the wrong pace of the market and was slapped in the face by the market, resulting in a crazy retracement of the fund's net value.
So, after this lesson.
He no longer takes the initiative to predict market conditions, but is only willing to passively follow the market trend to hold positions and take advantage of trading opportunities on the right side.
And it is because of his persistence during this period and not being swayed by the market fluctuations that he has just harvested a large amount of profits from the continuous surge in the popular main lines of the market, "infrastructure" and "military industry", and has also caused a sharp retracement. Fund products have returned to a new high in net worth.
"Mr. Liu, what's wrong?"
Sensing something strange in Liu Guanhai's expression, Yu Lei, the fund trading team leader, couldn't help but ask.
Liu Guanhai looked up at Yu Lei, recovered, and responded: "I feel that the market does have some traces of a 'high-low switch' trend. At the same time, look at the popular main lines of the market such as 'infrastructure' and 'military industry' in the past few days. As for the stock price trends and market performance of core stocks and concept leading stocks in the field, there are indeed a lot of main funds that are continuing to sell and perform sell-and-take profit operations.
With such a trend pattern and disk performance.
I am worried that once the market forms a "high-low switching" market trend, then the funds in the core main line areas of the market such as "infrastructure" and "military industry" will further flow out to take over and snap up some low-level main line chips!
If the market changes according to this trend, if we do not adjust positions in time to respond, we will most likely lose the market opportunity again, may encounter a larger retracement, and at the same time be short of the new main line market. Development.
But I am also worried that after we adjust positions and change investment strategies, funds from all walks of life in the market will be on these main lines at low levels.
There has been no consensus on expectations and funding.
As a result, the low-level main lines could not get out, and then various funds returned to popular main lines such as "infrastructure" and "military industry", further pushing up the stock prices of these major main lines.
In this way, we will also lose our chips and lose the market.
Thinking of the changes during this period, it's always difficult to make a choice in my heart, so... I feel a little distressed. "
After listening to Liu Guanhai's words, Yu Lei pondered for a moment and said: "We have suffered losses like this many times before. My suggestion is that we should stay still and hold positions to see the subsequent changes in the market. At this time, the market The trend and market rotation switching are quite chaotic.
At the same time, the funds from all parties do not form a unified force in the same direction.
Let’s talk about the areas where financial synergy is the strongest.
There is no doubt that at this time, ‘infrastructure’ and ‘military industry’ are still the most popular main areas in the market.
In this way, as long as the strongest synergy area of funds has not changed significantly, other low main lines have not formed a sustained money-making effect and signs of synergy of funds, and there are no obvious opportunities on the right side, then I think... we should stick to the previous Strategy, no matter how the market fluctuates, we remain motionless. "
"Okay!" Liu Guanhai actually hesitated in his heart, but in general, he still preferred the strategy mentioned by Yu Lei. His face improved slightly, his eyes became brighter obviously, and he said with a genuine smile, "Then let's do it again Hold the position and wait to see where the market will go next and how it will change.”
After saying that, Liu Guanhai turned his attention to the big market screen in the trading room again.
Continue to carefully observe the subsequent changes in the market.
Only in his observation...
As the market trading time goes by, when the low-level main lines of 'tech growth', 'big consumption', and 'big finance' are still unable to create high intraday space, they are unable to unite the main funds inside and outside the market to join forces, let alone attract a large amount of money. When the retail investors following the trend concentrate on following the market in one direction.
As the trading time approaches 11 o'clock in the morning.
Popular mainline stocks such as 'infrastructure' and 'military industry', which were originally subjected to strong selling by a large amount of funds at the beginning of the market and went straight underwater, rebounded strongly at this time and quickly recovered the intraday losses set in the early trading.
Moreover, the main capital groups in the two cities have begun to move on a large scale from a number of low-level main-line fields and related core concept stocks that cannot achieve success and height, to the core of the market's popular main-line fields such as 'infrastructure' and 'military industry'. Stocks and concept leading stocks are returning!