Rebirth of the Investment Era.

Chapter 607 The investment logic of the main line of "Big Finance"!

Xu Xiang smiled and said: "This shows that the other party's purpose is not to pull orders at all, but to build a position!"

"I said." Zhou Kan understood, "But the 'Securities' and even the entire 'Big Finance' sector, it seems that at this time, there is no consistent expectation, right? Is it too early to build a warehouse?"

Xu Xiang responded: "The investment logic and market expectations of the line of 'big finance' in the market actually follow the market's 'bull market expectations'. The stronger the market's bull market expectations, the stronger the 'big finance' line The stronger the future market expectations, the more likely the market will continue to erupt.

And the weaker the market's bull market expectations, the weaker the investment logic and market trend of the "big finance" line will be.

Before the market trend broke through 2500 points, everyone thought that the underlying logic of the Shanghai Index, and even the entire market trend, was still a rebound trend within the market's large-box shock range.

Today, the Shanghai stock index has perfectly broken through 2500 points, and the turnover of the two markets is also continuing to break through.

Under such circumstances, 'bull market expectations' will naturally become stronger and stronger.

In particular, after the Shanghai Index broke through 2500 points, it has been so many days, and its index is still at a high level and after the adjustment, it continues to set a new high in the middle of the year.

In terms of technical analysis.

Such an index trend is the strongest form of trend that everyone expected.

Moreover, the market turnover, whether it is in the trend of shock adjustment or in the trend of continuous upward breakthrough of the index, has been increasing. This is a very good virtuous circle trend.

In such a situation, when the call for a bull market in the market is getting stronger and stronger.

It is not surprising that the main line of "big finance" in the market has been paid attention to by the main funds on and off the market, and the securities sector has been rapidly and aggressively built positions by big funds.

However, inside and outside the market, the majority of investor groups.

In the past two years, the main investment line of "big finance" has been harvested a bit tragically, and there are many complaints.

This has also led to the fact that in the main investment line of "big finance", the lock-up is extremely heavy, and it is difficult to form a consistent expected situation and continuous market trend.

In addition, the entire 'Big Finance' sector has a large market value and a huge circulation.

To elevate this main line of investment requires too much incremental capital in the market, so it will inevitably lead to this big main line. Under the premise that market bull market expectations have not formed a consistent expectation, even if there is a large amount of main funds actively intervening , It is also difficult to form a sustainable market trend.

Before, whether it was securities, or banking and insurance sectors.

Under the preview of "bull market expectations", it is not without the attention and intervention of a large amount of main funds.

However, none of them has formed a continuous market evolution, nor has it replaced the core hot topics of the two major markets of 'infrastructure' and 'military industry'. It is because of these reasons that investors' attention and expected directions are all focused on this.

And it is because of these factors.

Many main institutional capital groups inside and outside the market, even if they know that market expectations are gradually getting better, but in order to continue to outperform the market index, they cannot hold their main positions without the support of consistent expectations on the main line of "big finance". adjusted in this direction.

As for the current main funds involved in the securities sector... Is it too early to enter the market?
I think it can be viewed in two ways.

First, it depends on whether the market investment sentiment has gathered towards the main line of "big finance" and the securities sector after the market closes today, and see how the sentiment feedback is.

Second, it depends on the trend of the securities sector tomorrow and even in the background.

If the securities sector, under the intervention of this round of main funds, has the continuity of the market, it will be worth noting.

In the market 'bull market expectations' increasingly strong atmosphere.

As far as future expectations are concerned, the securities sector, and even the entire "big finance" mainline sector, have the potential to explode. It's just that when this expectation can completely promote the market of this main line to riot, when will the market sentiment be full? Focusing on the line of 'big finance', no one can know or predict.

On a mainline market.

If you intervene too early, many market opportunities will be wasted, and the time cost of funds will be high.

If you intervene too late, the cost of holding positions will be too high, making it difficult to cope with market fluctuations, holding positions firmly, let alone holding heavy positions for a long time.

Therefore, in terms of timing, we still have to judge cautiously and observe the disk carefully! "

Hearing Xu Xiang's analysis, Zhou Kan nodded and said, "Boss is right, but I think the core main funds in the current market, as well as the crowds of active funds, are still focused on 'infrastructure' and 'military industry'. The main line of major industries, as well as the main lines of several core concepts and themes of "Asia-Europe Economic Belt", "Reform and Reorganization of Central Enterprises and State-owned Enterprises", "New Era Road, Maritime Silk Road".

Judging from the trend in recent days, and even after the Shanghai Stock Exchange Index broke through 2500 points.

The accumulation of funds and the activity of these major lines of capital in the market have continued to rise. At the same time, the stock prices of the corresponding core stocks have also risen in both volume and price.

In addition, the investment logic of these major core lines and future expectations are still there.

The market's investment sentiment and confidence in these major core directions are still strengthening.

There are also a series of market performances such as the entry of off-market incremental funds, the increase in the balance of the two cities and the financing, and the spread of the profit-making effect... etc., and a series of market performances are still unfolding around these core main lines, and the market cannot be seen. The main line of core investment has switched, and there are signs of high and low switching.

On the contrary, these core mainlines have clearly shown signs of overall promotion.

I guess, in this situation...

It is difficult to disperse and gather in the main lines of "big finance" such as securities, insurance, and banking, as well as other traditional main line sectors, and even the "technological growth" investment line in the direction of the small and medium-sized board and the ChiNext. on the main funds.

Unless the two main lines of "infrastructure" and "military industry", as well as the basic investment logic of the main lines of "Asia-Europe Economic Belt", "Reform and Reorganization of Central Enterprises and State-owned Enterprises", "New Era Road, and Maritime Silk Road" are shaken, In other words, the market trends of these major core lines have been greatly inflated to fully correspond to future expectations, and they can no longer show a strong collective profit-making effect.

Well, it's that time.

It is possible that the active capital groups in the market and the main institutional groups holding positions will gradually ebb from these core main lines.

It's obvious.

The current market trends of these major main lines, as well as the stock price trends of each core stock, have not fully reflected expectations, and when the expectations are fulfilled, they are just in an extreme emotional climax. Everyone has the strongest expectations for these core main lines. when.

Such market conditions focus on the form, as well as the core main line trend form.

It is doomed to look at the incremental funds attracted by the market, as well as a large amount of active funds active in the market.

It is bound to continue to further converge and continue to speculate on these major core mainline market areas, and these core mainlines will also continue to invest in other traditional mainline sectors of the market in the follow-up market trend, as well as "Technology Growth" ' and other emerging industries to invest in the main line sector and siphon funds.

However, there are so many sectors and individual stocks related to these core areas.

The related sectors and individual stocks have a huge market value and can carry a huge amount of active capital flow.

This is doomed, as long as these major core main-line sectors, the market can continue to open up space, can continue the hot money-making effect, and can continue to siphon other investment main-line funds in the market.

Then, at this stage, there will be no other large-scale mainline investment sectors that can get out of the continuous market. After all, with such a large amount of liquidity in these core mainlines, even if the market turnover and The new entry funds have been increasing, but the funds that can really overflow from these core main lines are really not much. "

"Yes!" Seeing Zhou Kanneng's analysis of the market situation, Xu Xiang was somewhat surprised in his heart, nodded with a smile, and continued to respond, "This is also because the market has clearly broken through 2500 points, and the two cities have traded. The reason why the market has been unable to usher in a general rise is the reason why the amount and the balance of the two financings continue to increase sharply.

It is also the market that the Shanghai stock index has been going up all the way, and there is no sign of turning back.

However, in the past two months, the investor group in the market has not actually made real profits, but it has not accounted for the majority.

Of course, it is also the reason why the market investment sentiment is obviously very hot, but everyone still has great doubts about the 'bull market' and cannot form stronger macro expectations.

After all, whether it is an institutional investment group or a retail investment group.

Many people know that only relying on the two major industry lines of 'infrastructure' and 'military industry', as well as the core concept themes of 'Asia-Europe Economic Belt', 'Reform and Restructuring of Central Enterprises and State-owned Enterprises', 'New Era Road, Maritime Silk Road' The main line cannot support the market out of a comprehensive bull market.

No matter how strong these major core trends are, once recession is expected, stock price speculation will be overdrawn.

The same will be a huge callback.

At that time, there will be no other large-scale main lines to take over the market conditions, absorb the large amount of profit-making funds and active funds withdrawn from these core main lines, and keep these incremental funds in the market, then the index will inevitably With the callback of these core main lines, it fell back again.

This is the concern of many investors in the market, and it is also the fundamental reason why the 'bull market expectation' cannot be fully formed.

However, this crux is not insurmountable.

It just needs to be guided by the supervisory level from a macro perspective. "

"Does the boss think that a comprehensive 'bull market expectation' can be formed?" Zhou Kan asked, "And, do you think the regulators will realize this concern of the market, and continue to add fire to this crux, from the macro direction of the market? , and then release the benefits, guide it?"

Xu Xiang was silent for a while, thought carefully for a moment, nodded lightly, and said: "Based on the outbreak of a comprehensive bull market, it is obviously more difficult to lure funds in than to retain the funds that enter.

Now, after the two major industry lines of 'infrastructure' and 'military industry', as well as the full-scale outbreak of the main lines of the core concepts and themes of 'Asia-Europe Economic Belt', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'New Era Road, Maritime Silk Road' , many capital groups in the venue have already been attracted in, which briefly heated up the market.

Then, if you want to fully expect these major core main lines, the corresponding core stocks, before the stock price trend peaks.

It should not be difficult to create another investment line that has macro investment expectations and can carry the continuous entry and speculation of huge amounts of funds in the market. It should not be difficult to retain these funds that have already entered the market.

Moreover, I also believe that since the regulatory authorities have led the market step by step to this point.

Seeing that the market is only one step away from a full-scale bull market.

It is absolutely impossible to lose the chain at this time and give up the positive stimulation and emotional guidance to the market.

Moreover, I can guess with a high probability that this line can carry so much funds, and can carry the two major industry lines of 'infrastructure' and 'military industry', as well as the 'Asia-Europe Economic Belt', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', and 'New Era Road' After the main lines of several core concepts and themes such as Maritime Silk Road are expected to peak, the main line of new market investment will inevitably be generated in the direction of "big finance". "

"I think so too." Zhou Kan smiled and said, "In terms of volume, liquidity, and expectations, as long as the market's 'bull market expectations' are increasing, then the line of 'big finance' is a perfect successor." The two major industry lines of "infrastructure" and "military industry", as well as the main lines of the core concepts and themes of "Asia-Europe Economic Belt", "Reform and Reorganization of Central Enterprises and State-owned Enterprises", "New Era Road, and Maritime Silk Road", are the most suitable core investment lines for the market .

Moreover, take the line of 'big finance'.

Conceptual stories such as "Asia-Europe Economic Belt", "Reform and Reorganization of Central Enterprises and State-owned Enterprises", "New Era Road, Maritime Silk Road" can still be told.

Just don't know...

The core main line of the market, when will it switch.

I don't know when the market's "big finance" will come? "

Xu Xiang thought for a while and said: "Focus on the two main lines of 'infrastructure' and 'military industry', as well as the cores of 'Asia-Europe Economic Belt', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'New Era Road, Maritime Silk Road' The market trend and emotional interpretation of the main line of conceptual themes, as well as the increase and decrease of several major funds in the 'Yuhang Department', as well as the seat of 'Wealth Road', let's see what happens on the next market dragon and tiger list!

As the smartest and most sensitive main fund in the entire market.

Once the market shows signs of switching the main market.

There will definitely be some movement in this fund.

And with this main force of funds, tens of billions of positions on these major core main lines, if they want to move, it is impossible not to leave traces on the market. "

"That's true!" Zhou Kan nodded and stopped asking questions.

Instead, after thinking for a while, he turned his attention back to the two markets.

I saw that on the market, the net inflow of major funds has increased significantly in the securities sector. After being squeezed into the top three of the industry sector in the two cities, it has not obtained the active capital groups of the entire market and the joint efforts of other institutional capital groups to do more. , the rising trend of its sector index gradually fell in the passage of trading time, forming a short-term burst of obvious rising and falling trends.

(End of this chapter)