Rebirth of the Investment Era.

"The emotional expectations of the core lines of 'infrastructure' and 'military industry' have not weakened much!"

Seeing the intense and relatively consistent topic discussions on the relevant stock discussion platforms on the entire Internet, at the moment inside Yuhang Investment Company, in the main fund trading room, Li Meng was quite surprised and said: "Moreover, these major core lines today, In the intraday trend, it turned from divergence to consistency, which was unexpected. Looking at the situation... In the market tomorrow, these core lines will continue to be sought after and hyped by a lot of funds inside and outside the market .”

"The majority of investors in the market, under the guidance of inertial thinking, as long as the profit-making effects of the popular main lines of 'infrastructure' and 'military industry' do not obviously decline rapidly, and the money-losing effect is not obvious, they will not Take the initiative to undertake other main-line sectors with obvious low-level money-losing effects." Su Yu smiled when he heard Li Meng's surprised words, and responded, "Chasing ups and downs is a common operation mode of retail investors. 'Infrastructure', "Military industry" has been a hot topic in these major markets, and the continuous market has gone on for so long, even if the current internal bargaining chip structure is loose, the market will not end all at once."

"But it's hard to open up much space, right?" Li Meng continued.

Su Yu nodded and responded: "This is natural, and after these major main lines cannot further develop space, when the profit-making effect of these core main lines decreases step by step, then there will definitely be more and more Most of the funds flow out of these core main lines to find other main line sectors that have more hype value and investment value, and can more easily condense market hype sentiment.

In short, we are at this time.

It is enough to keep the previous strategy. If there is a suitable opportunity at a high position in the market, reduce the position. If there is a suitable opportunity for a quick kill at a low position in the market, then appropriately use the reduced position to increase the chips of the main line of "big finance". Don't worry, keep a normal state of mind.

The core lines of the major markets of 'infrastructure' and 'military industry' are considered to be the establishment of an adjustment platform.

I'm afraid it will oscillate for a long time.

We have plenty of opportunities to slowly adjust our positions and sort out our position structure. "

"Hmm!" Li Meng nodded. She didn't have any different opinions on Su Yu's investment strategy and trading strategy. She just pondered for a moment and asked when the main line of the market will be formed or not. Before the "big finance" line comes out, there are still many worries about whether there will be other main lines in the market that will go out of the continuous upward trend and siphon the market funds.

After all, before the 'big finance' comes out, other main lines have siphoned market funds in advance.

Then, for the line of 'big finance', it will be more difficult to gather market attention and gather a huge flow of funds to undertake in a short period of time.

So, she pondered for a moment, and couldn't help but continued: "President Su, in today's market performance, the capital groups in the market actually tried more than one direction. In the field of big and low main lines, there were once traces of main funds gathering.

I'm thinking...these main line expectations are actually all there.

If the macro policy benefits of the line of "big finance" come too late, and funds are first formed in the main line of "big consumption" and "technological growth", a relatively consistent expectation is formed. Then, from the "infrastructure" and "military industry" The funds withdrawn from these popular main lines are bound to be siphoned by these two main lines.

In this way, wait until the line of 'big finance' has the logic and opportunity to explode.

I am afraid that in the market, the amount of funds undertaken has also been greatly reduced, and it is difficult to raise this trillion-level main line, thereby producing a continuous profit-making effect! "

Su Yu responded with a smile: "This worry is completely unnecessary. The main line of the market is not so easy to condense and create. Looking at the current time point, 'technological growth', 'big consumption', 'big finance' Of these three low-level core main lines, only the main line of "big finance" has signs of rapid expansion of expectations and a rapid reversal of industry fundamentals.

The other two low-level main line areas, whether it is the main line of 'technological growth'.

Or the main line of 'big consumption'.

Despite future expectations, in the context of continued macroeconomic recovery, it is not bad.

However, the changes in its fundamentals, and the corresponding changes in expectations, are not so rapid, and they are relatively mild.

In this way, without the expectation of rapid change and the support of industry fundamentals, it is basically unrealistic for funds to hype these two main lines and try to create these two main lines of market in vain.

After all, there is no solid investment logic and hype logic support.

Pure conceptual hype cannot last for a long time, and it will continue to open up trend space.

Therefore, we don't have to worry about the two main market lines of "technological growth" and "big consumption" robbing market active funds in the subsequent market changes, and restricting the outbreak of the main line of "big finance", because there is no basic investment logic and hype Logical support, then these two main lines are rootless trees.”

"I agree with what Mr. Su said." After listening to Su Yu's analysis, Zhang Guobing also nodded and said, "No matter how the market goes in the short term, with the ferment of market sentiment and the change of views of capital groups on and off the market, the 'infrastructure' , 'Military Industry', the market-making effect of these popular investment lines will definitely become weaker and weaker.

At the same time, there will be more and more funds that agree with the market to "switch between high and low".

Moreover, on the whole, it is true that only the main line of "big finance" has the expected momentum for the reversal of industry fundamentals and the full-scale explosion of performance.

No matter how the market adjusts in the short term in terms of the overall market structure.

The final consistent expectations and the real breakthrough direction of the capital group will always be transferred to the main line of 'big finance'. "

"I think so too." Zhao Lijun said with a smile.

Wang Can pondered for a moment, and said: "After the core main lines of the 'infrastructure' and 'military industry' markets have declined, the probability of the market's main line changing to 'big finance' is naturally high, but this line, what? Is the time to have an opportunity to explode?"

Liu Yuan thought for a while, and responded: "It should depend on the macro monetary policy of the market. When will there be any signs of change? I feel that there is no heavy positive stimulus from the macro level, and the market's own market trend adjustment alone, 'big For the line of finance, it is still difficult to quickly gather the sentiment and expectations of the market investor groups, and it is also difficult to make the vast capital groups inside and outside the market gather in this direction in an all-round way.

And before there is a big positive in the macro market.

I think that with the amount of funds in our institution, it is impossible to go against the trend and forcibly pull this main line to get out of the continuous profit-making effect. "

For the trillion-level market, the main line of the market broke out.

It can no longer be said that a certain main force of capital can be brought out by luring and guiding. It must still be supported by favorable macro policies and the entire market form a substantial synergy.

Just like the outbreak of core main lines such as "infrastructure" and "military industry" in the past.

If there is no strong expectation of substantive policies such as the "New Era Road, the Maritime Silk Road", "the reform and reorganization of state-owned enterprises" and "military asset securitization" on the macro level, their institutions alone want to bring out this It is basically impossible to have a mainline market.

After all, there is no consistent expectation and no market synergy.

A main force of funds, even if it is forced to pallet, it is difficult to attract other main funds to continue to undertake, let alone allow many similar institutions in the industry to continue to lift their sedan chairs, and further expand the continuous profit-making effect of the main line.

"Yeah!" Su Yu nodded upon hearing Liu Yuan's answer, "Indeed, when the market can fully break through the line of 'big finance' and get out of the continuous explosive market trend, it depends on the monetary policy on the macro level. When will there be a clear reversal.

Of course, according to our analysis.

The monetary policy change on the macro level should not take too long.

After all, next, the market will face the National Day of the th National Day, and then the key node of the last quarter's economic growth rate. In any case, there is also a clear tendency to change monetary policy.

In this way, the central bank will certainly quickly catch up.

At most, the central bank will take action within two months.

And this time point within two months happened to be the end of the third quarter of the market, and it was almost the time when the market began to speculate on the performance forecast for the third quarter.

Analyze and consider from this direction.

The 'securities' sector, as the vanguard of the performance explosion, and the industry sector that directly benefits under the change of monetary policy.

Once the opportunity for an outbreak arrives, the stock prices of the corresponding securities companies will definitely be the first to reverse.

Therefore, within these two months, our main investment and trading purpose is not to increase the net profit, but to rationally adjust the structure of holding chips.

It is to seize the opportunity to develop the main line of the market in the follow-up. "

Hearing Su Yu's insights on the market, as well as his explanation of the current investment strategy and trading strategy, everyone in the trading room nodded, expressing their understanding.

Along with the interior of Yuhang Investment Company, the trading department of the main fund has further clarified the follow-up investment plan and transaction plan.

In the evening, the external market continued to rebound.

At the same time, in the continuous rebound, the sharp decline in the previous two days has been fully recovered, so that the US stock market, which has been fluctuating at a high level, has once again formed a relatively stable trend situation amidst the precariousness.

And when the trend of the external market forms an anti-package situation for the decline in the previous two days.

The next day, the entire market also opened higher under the influence of external market trends.

In particular, the core main lines of the market, such as 'infrastructure' and 'military industry', were adjusted in the intraday session yesterday, and after the divergence further turned to unity, they opened sharply higher today. Many core stocks, as well as leading concept stocks, at the opening of the market That is to say, it once again hit a new rebound high and a new annual high.

Faced with a fully open market.

The majority of investor groups inside and outside the market are once again in high spirits and have entered a white-hot stage of doing more.

However, in such a high-opening market, after the time officially entered the continuous auction trading period, the extremely strong 'infrastructure', 'military industry' and other popular main line fields of the market, a large number of core component stocks, and concept leading stocks exploded in a short period of time. After a period of increase in volume, it fell into a situation where selling orders increased sharply, selling pressure continued, and selling forces became heavier and heavier, gradually exceeding the buying power undertaken.

And under the effect of this kind of trading volume can gradually become unbalanced.

The trend of these popular constituent stocks and concept leading stocks has been further reversed, and there has been a diving trend of rising and falling across the board.

And this time diving.

Compared with yesterday's diving trend in the market, it is faster and more urgent, and the amount released is also greater.

Then, when these popular mainline stocks have dived from high platforms, the strength of selling orders continues to increase, the internal bargaining chip structure is further dispersed, and the discrepancies between the disk and the market are getting wider and wider.

Such as 'technological growth', 'big consumption', 'big finance' these low-level main line areas.

It was once again taken care of and increased positions by a large number of main funds in the market.

Just like yesterday, there are still huge differences in the direction of attack and the direction of increasing positions among the main funds pouring into the low-level mainline fields of 'technological growth', 'big consumption' and 'big finance', making these several In the case of continuous absorption of main funds, the major main line fields still cannot get out of the continuous profit-making effect, and cannot gather the more consistent emotional expectations and hype enthusiasm in the market.

In the end, the market rotation accelerated in the market sector.

The adjustment of popular main lines in the market such as 'infrastructure' and 'military industry' has also accelerated, and the discrepancies in the market are expanding.

Closing time at 3 o'clock in the afternoon.

In the absence of negative attacks inside and outside the market, the Shanghai Stock Exchange opened nearly 0.75% higher, and finally closed down by nearly 1 point. 'Individual stocks in popular main-line fields such as several major markets have also weakened across the board, forming an obvious adjustment trend.

And individual stocks in the fields of 'Technology Growth', 'Big Consumption' and 'Big Finance'.

In today's market slump, it has strengthened somewhat, forming a general red market trend with small gains, which also makes the market's "high-low switch" form further clear.

Faced with such a closing result and shape trend of the market.

Inside and outside the entire market, countless investor groups, especially retail investor groups, are surprised and confused.

Everyone didn't expect that today's market trend would be like this, and at the same time, they couldn't figure it out...

Obviously yesterday's 'infrastructure', 'military industry' and other core market stocks have completed intraday adjustments and re-formed the consistency of sentiment and funds. Why is there no negative news in the peripheral market and news today? Instead, it fell sharply?
"Fuck, today's market trend is simply poisonous, right?"

When the majority of retail investors were puzzled and resentful, they felt that the main capital group on the market leading the market trend was simply sick, and when they smashed the market for no reason, some of the retail investors gathered on the online stock discussion platform scolded their mothers : "What the hell, some of the main force with no pattern, no matter the weather is sunny or rainy, they will smash the market, it is simply sick, such a good market sentiment atmosphere, if they don't fight upwards, they have no idea what these guys are thinking?" ( end of this chapter)