Chapter 739 The Call for a Bull Market!

At 10:35, ‘Huaguo Software’ hit the daily limit with a huge volume, while the securities sector index began to fall slightly, and the net inflow of main funds also began to gradually decline.

At 10:36, ‘Huaguo Software’ hit the daily limit.

At 10:37, the increase in the ‘Securities’ sector fell back to about 3.5%.

At 10:38, ‘Netspeed Technology’ hit the daily limit, and its stock price returned to this year’s high. It is only 5% away from setting a new annual high, and the stock price has re-reached the 100 yuan mark, becoming one of the few stocks with a high price of 100 yuan in the two markets.

At 10:39, ‘Inspur Information’ rose by more than 5%.

At 10:40, ‘LeTV’ followed suit and also rose by more than 5%.

At 10:41, the share prices of ‘China North Vehicle and China South Vehicle’, which had already shown signs of hitting the limit, fell back. The main funds began to show a net selling trend. The market premium from the substantial increase in ‘Fortune Road’s’ positions, with the market value and circulating volume of the two stocks reaching more than 50 billion, still failed to raise the two stocks to the limit again.

At 10:42, ‘Founder Securities’ fell sharply, and the share price fell from around 5% to 3.5%.

At 10:43, the share prices of ‘Hengsheng Electronics and Oriental Fortune’ fell, and the number of limit orders on the limit board of ‘Tonghuashun’ dropped sharply.

At 10:44, ‘Lixun Precision’ moved abnormally.

At 10:45, the ‘Apple Concept’ sector showed a trend of rapid rise. At the same time, the electronic information sector rose rapidly, and ‘Changying Precision’ hit the limit.

At 10:46, the growth of the two major indexes, the SME Index and the ChiNext Index, caught up with the growth of the Shenzhen Index, and the gap with the growth of the Shanghai Index narrowed rapidly.

At 10:47, ‘Changying Precision’ hit the daily limit, and similar ‘Apple concept’ stocks such as ‘Anjie Technology, Xinwei Communication, Sobede, Crystal Optoelectronics, Goertek, O-Film Technology…’ followed suit.

At 10:48, the growth of ‘LeTV’ expanded to 7%, and the ChiNext Index exceeded the 1.4% growth mark.

At 10:49, the ‘retail’ and ‘Internet e-commerce’ sectors in the ‘big consumption’ field moved, and ‘Sanjiang Shopping’ rose sharply.

At 10:50, white appliances and liquor also began to move, and Haier Electric Appliances rose.

At 10:51, the growth of ‘Qianzhou Moutai’ quickly increased by 1%, and the intraday growth reached 1.5%, catching up with the growth of the Shanghai Index.

At 10:52, the automobile sector moved, and Shanghai Automobile Group rose.

At 10:53, the petrochemical and coal sectors also gradually rose and began to recover the intraday losses of the previous day.

At 10:54, even the ‘ST sector’ that had been abandoned by the market and rarely concerned by the main capital groups also ushered in a certain degree of pull-up.

At 10:55, the communication technology sector and the power equipment sector moved abnormally.

At 10:56, when a number of market industry sectors generally moved abnormally and rose, the increase in the securities sector index continued to fall back to around 3.35%, and the net inflow of the main capital in the two major weight sectors of banking and insurance was also gradually decreasing. From the traces of the market trend, many profit-making capital groups in the market are still doing the rotation operation of ‘high-low switching’.

At 10:57, the increase in the two checks of ‘China South Locomotive and Rolling Stock Co., Ltd. and China North Locomotive and Rolling Stock Co., Ltd.’ fell back to around 5%.

At 10:58, when many profit-making capital groups in the market rotated and switched, the ‘defense and military industry’ industry sector suddenly emerged again.

At 10:59, the weighted stock of the "military industry" sector, Aviation Power, rose sharply.

At 11:00 a.m., the index of the "national defense and military industry" sector rose by more than 3%, ranking second in the industry sector growth list of the two cities.

At 11:01, the stock price of "Aviation Power" continued to advance and hit the daily limit.

At 11:02, the stock price of "Aviation Power" hit the daily limit. At the same time, the concept of "domestic large aircraft" related to it moved straight, and the core component stocks "China Airlines Shenyang Aircraft, China Airlines Xi'an Aircraft, Aerospace Development, China Airlines Heavy Machinery, China Airlines Power..." followed suit.

At 11:03, "China Airlines Heavy Machinery" hit the daily limit. At the same time, "Chengfei Integration", a stock that failed to restructure and was hyped up, also turned red and rose, recovering the previous decline.

At 11:04, Hongdu Aviation also followed suit.

At 11:05, following the concept of "domestic large aircraft", the concept sectors such as "domestic aircraft carrier", "nuclear power", "military-civilian integration", and "Beidou navigation" related to the main line of "military industry" also followed suit.

At 11:06, the previous leading stock of "nuclear power", "Fushun Special Steel", hit the daily limit.

At 11:07, "Fushun Special Steel" hit the daily limit, and at the same time, it also led the entire "special steel" concept sector to rise.

At 11:08, the increase in the "national defense and military industry" industry sector index once again expanded to more than 3.5%, replacing the increase in the securities sector index, becoming the first in the industry sector increase list of the two cities, and after many days, it once again became the leading industry sector in the two cities.

At 11:09, under the switch of a group of profit-making funds, the rotation attack.

Even though the index did not rise much, and the entire ‘big finance’ and ‘big infrastructure’ were basically in a state of sideways fluctuation, the number of red-trading industry sectors and the number of red-trading concept sectors in the two cities increased further, reaching the point where there were only 6 industry sectors and concept sectors in the two cities, which were still in a slightly declining state.

At 11:10, a total of 1,800 stocks in the two cities were in the red. The money-making effect of the entire market, under the form that the main lines of ‘big finance’ and ‘big infrastructure’ could not achieve further breakthroughs, not only did not weaken, but it was further fermenting and increasing, attracting more incremental capital groups to enter the market.

At 11:11, the number of stocks that were not on the daily limit in the two cities reached 65, and the trend of hundreds of stocks hitting the daily limit was seen again.

At 11:12, the securities sector stabilized at a daily increase of 3% and stopped declining.

At 11:13, the "new stocks" sector set off a daily limit surge, and the index of the entire "new stocks" sector also rose further, surpassing the index of the "Internet finance" sector in front, becoming the first in the growth list of the concept sectors in the two cities.

At 11:14, in the field of the "new stocks" sector, except for the new stocks that have not been listed, the number of stocks that have reached the daily limit has exceeded 10.

At 11:15, "China Petroleum" rose rapidly again, catching up with the increase of the Shanghai Stock Exchange Index.

And under the influence of the recent resumption of trading of "China Petrochemical", the increase of the entire "petrochemical" sector is also further increased.

After that, as the market trading time progresses further.

The market pattern of the two cities began to change from the trend of "big finance" and "big infrastructure" leading the rise to the market pattern of all stocks in the two cities.

And the profit funds and unwinding funds gathered in the main fields of "big finance" and "big infrastructure"

There are more and more people reducing their positions to stop profits.

However, despite the fact that there are many people reducing their positions to stop profits, under the very abundant market liquidity, there are still many groups of funds following the trend in the main fields of "big finance" and "big infrastructure" with the best future expectations in the entire market. This has led to the fact that although the momentum of these two core main lines is insufficient to continue to break through in a short period of time, there is still support to stabilize the market and prevent the market from falling.

Finally, when 11:30 arrived, the two markets ushered in the moment of midday closing.

The Shanghai Composite Index was still fixed at a 1.62% increase. Compared with the high point set during the session, it did not fall back much, while the Shenzhen Index, the ChiNext Index, and the Small and Medium Enterprises Index all rushed to the 1.5% increase mark at the time of midday closing, completely narrowing the increase gap with the Shanghai Composite Index.

The strongest A50 Index still closed above the 2% increase mark.

Moreover, the main contract of A50 index futures rose by more than 2.5% at the midday closing. The premium of the increase over the actual trend of the index not only did not shrink, but expanded further.

Faced with such a closing situation of the two markets at noon...

The vast investor groups inside and outside the market, whether they are major institutions, hot money, or retail investors, are very excited.

Originally, everyone was slightly disappointed with the opening performance of major indexes in the market today.

And many people have already made psychological expectations for the trend of market adjustment today, but they did not expect... The opening price was lower than expected, and after the official opening of trading, it continued to go out of a sharp squeeze rally, further expanding the market's continuous money-making effect and valuation level.

"Today, a number of low-priced main lines and low-priced stocks are strong near the midday stage. It shouldn't be a scam, right?"

"It shouldn't be. At a glance, the funds are still strong."

As soon as the market closed, the entire network, the stock discussion area of ​​the trading platform, the stock exchange community, and the comment area of ​​various financial media, the heated discussion heat once again exploded.

"I feel that the main lines of 'big finance' and 'big infrastructure' have not had as serious a siphoning effect on the entire market as before."

"Before, the active capital groups in the entire market were small, so the siphoning phenomenon was serious. Now the turnover of the two markets has exceeded 850 billion. Overall, the liquidity of the entire market is already very abundant. Even the grand market main lines such as 'big finance' and 'big infrastructure' cannot swallow up so many active capital groups at once. Therefore, the buying funds undertaken by various channels must overflow to other market main lines. In this way... naturally, the capital siphoning effect of the main lines of 'big finance' and 'big infrastructure' on other main lines will not be as serious as before."

"That makes sense. Only with funds can there be a market. The liquidity of more than 850 billion is enough to support the general rise of the entire market."

"Not to mention the general rise, at least it should be able to support multiple core lines and break through at the same time."

"But the best choice is still the leading stocks in the two core lines of 'big finance' and 'big infrastructure', right? The so-called 'the strong will always be strong' is just like this."

"The 'military industry' line is also good."

"Yes, looking at the core leading stocks in the 'military industry' sector, the absolute increase this year is not inferior to the core leading stocks in the 'big finance' and 'big infrastructure' main lines. The annual increase of some military industry stocks has caught up with several leading stocks in the 'Internet finance' sector."

"The 'military industry' line is indeed strong, but I always feel that the logic is not so clear."

"The main reason is that the valuation is too high, you are not sure?"

"There is no way to value the 'military industry' sector. What do you think... is a reasonable valuation?"

"It's a bull market, why do we still look at valuations? As long as there is room for imagination in the future, it's fine. The so-called 'bear market focuses on quality, bull market focuses on momentum', isn't the fundamental thing to study in a bear market? Now it's a bull market, everyone, you should change your investment and trading ideas."

"But it feels that the market as a whole still tends to favor large-cap stocks, right?"

"Yes, the core main lines of 'mobile Internet', 'smartphone industry chain', and 'technological growth', which are dominated by the SME Board and the GEM, cannot be said to be completely gone at present. Looking at the net inflow direction of the main funds in the entire market, it is obviously biased towards large-cap weighted stocks. "

"At present, the market should still be in the stage where the main institutional groups have significantly increased their positions, that is, the main institutional groups are still seriously insufficient. Institutional increases... Considering liquidity, it must be the priority weighted core stocks and industry leading stocks, which is not difficult to understand. "

"Is this the logic? Isn't it that the valuation of large-cap stocks with weights is still low, while the small-cap concept stocks dominated by the SME Board and the GEM, as well as the main line stocks of the concept themes such as "mobile Internet", "smartphone industry chain", and "technology growth" have been hyped up for several waves last year. Is the valuation and chips not fully digested? Relatively speaking, this time At that time, the chips of the weighted large-cap stocks are cleaner, right? This is just like the recent one or two months, when the big speculators speculated on small-cap concept stocks, they also concentrated on choosing new stocks with clean chips. "

"There are factors in this regard, but... the focus is still on the change in expectations."

"Well, there is no need to analyze it like this, who cares about expectations or not, anyway, I know... when more and more funds flow into the market, the chips in the market will definitely become more and more precious and more valuable, as long as you know this basic logic. "

"That's right, as long as the market turnover continues to rise, and the Southern funds brought in by the 'Shanghai-Hong Kong Stock Connect', the leveraged funds brought by the balance of margin trading, and the increasingly popular fund group funds continue to flow in If there is a market, the stock price in the market will always rise. "

"Since the overall trend of the market is upward, the bull market will become more and more fierce, so just buy it casually."

"Now in the entire market, basically, more than 1,500 stocks rise every day. As long as you are not too unlucky, you can buy it casually. "

"And you don’t have to worry about buying at a high price."

"What is the high price now? You must know that this is a bull market. The stock price of individual stocks has no highest, only higher. "

"Also remember that in a bull market, you don’t have to sell at a loss if you are trapped. Let it go for a day or two, and it will come back soon, just like the investors who took over the core stocks in the low-level main line sectors of "big consumption, non-ferrous cycle, petrochemical, coal..." the day before yesterday. If they didn’t sell at a loss yesterday, wouldn’t they all rise back today? "

"Haha, indeed, you need to have a pattern! "

"You must know how to hold stocks and let profits run. This is a bull market! "

"Yes, this is a bull market! ”

As the lunch break continued, the sentiment of going long continued to rise in the discussion of topics across the Internet and countless investor groups.

At the same time, the call for a bull market is becoming stronger and stronger both inside and outside the market.

And for the major institutions that entered the market first, and even the majority of investors, the recognition of the bull market trend is also increasing.

Even within the regulatory authorities, well-known major financial media have already shouted out the clear view that the market is already in a bull market.