Rebirth of the Investment Era.

Chapter 635 Another riot in market sentiment!
Faced with such a closing situation at noon, the investor groups in the entire market are still quite excited.

At the same time, many retail investors and institutions who have been firmly holding popular mainline stocks such as 'infrastructure' and 'military industry' are also smiling at this moment.

Of course, for some core stock chips such as 'infrastructure' and 'military industry', the profit is taken in advance.

Or they still hold chips of non-popular main-line stocks such as "technological growth", "big consumption", "big finance" and "colored cycle", or they follow the market's "high-low switching" idea in advance and intervene in the concept of low-level main lines Some investor groups in the sector.

At this moment, it is obviously a little depressed.

"I really didn't expect that the market trend, after a month of turmoil, would return to the old road before." During the lunch break, Shanghai, Principal Financial Investment Company, "Future Mixed Investment Selection" In the product fund trading room, fund manager Zhao Zhongming complained helplessly, "At the current stage, the expectation of the line of 'technological growth' is better, why can't we gather funds and form emotional synergy?"

Beside Zhao Zhongming, Yi Xiaopeng, the leader of the trading team, pondered for a moment and responded: "It may be the inertia of the market's thinking. As long as there is no extreme stimulation from market news and external forces, the two main lines of 'infrastructure' and 'military industry', as well as "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road" and "Reform and Restructuring of Central Enterprises and State-owned Enterprises" have not collapsed the logic of future expectations in the main areas of conceptual themes, or the stock price has not fully reflected expectations.

In these mainline areas, profits have already been reaped.

In other words, in these major mainline fields, there are many capital groups that have made money.

It will still follow the path dependence, continue to pull stocks in these major directions, continue to arouse emotions and room for speculation, until all incremental funds in the market are exhausted, and until the funds to undertake cannot stabilize the market.

On the other hand, look at the line of 'technological growth'.

Due to the continuous loss of money for several months in the early stage, even if many core stocks in this line currently have a high price-to-performance ratio in comparison with the overall market valuation, their short-to-medium-term expectations for the future are significantly greater than ' Infrastructure' and 'Military Industry' are popular themes.

However, under the inertial thinking of investors, the line of 'technological growth' is still an area where the effect of losing money is serious.

The so-called seeking advantages and avoiding disadvantages...

Without strong macro news stimulus, investors have not exhausted the last enthusiasm of investors in the hot market lines of "infrastructure" and "military industry", and have not reached the stage of undertaking funds, so they are completely unable to undertake the continuously rising stock price, and have not produced extremely strong losses. Under the money effect.

It is still difficult for the large number of active capital groups in the market to easily break away from the popular main lines of 'infrastructure' and 'military industry', enter the low-level main line sectors on a large scale, and form a unified force. "

"Hey..." Zhao Zhongming also understood the truth Yi Xiaopeng said, sighed lightly, and said, "This is the unreasonable part of the domestic market. Doomed to emotions and ignore differences in fundamental expectations, often catch a main line , just fry to death, a wave of overdrafting all future expectations."

"After all, the main investors in the domestic market are retail investors." Yi Xiaopeng said, "Since retail investors dominate, the pendulum effect of the market is inevitable, and emotions will naturally dominate. But I think... in After continuing to consume a wave of expected space ahead.

Nowadays, there is room for short-to-medium-term upside for the popular main lines of 'infrastructure' and 'military industry'.

It shouldn't be that big anymore.

Now, the market's crazy and concentrated hype on these major mainline fields is more like the taste of "the end of the crossbow". It seems crazy, but in fact it is not far from the end of this mainline market. "

"It's hard to say!" Zhao Zhongming responded, "Many people before judged that the core lines of 'infrastructure' and 'military industry' had not much room for growth after rising for almost a quarter in a row, so the previous one In the middle of the month, there are quite a few capital groups on the popular main lines of taking profits and taking profits.

But the result... Now, you can see it too.

It's not that many main funds that claim to be smart have not tried and speculated in the low-level mainline fields such as "technological growth", "big consumption" and "big finance".

However, based on a comprehensive view of more than a month, funds are on the main line at these low levels.

It is always impossible to condense the money-making effect.

That's why in the end, the funds from various sources have no choice but to return to the main line fields such as 'infrastructure' and 'military industry' to continue to make deals and continue to hype.

in a sense.

The continuous performance of the "Blue Stone Reloading" check is just a factor that stimulates the outbreak of popular main lines such as "infrastructure" and "military industry". Condensate and play a continuous money-making effect.

Like you said……

Now, relying solely on the spontaneous behavior of funds in the market, it may be difficult to reverse the market around the main lines of "infrastructure" and "military industry", as well as the "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", and "state-owned enterprise reform" The pattern of hype on the main line of concept themes such as "Reorganization" has changed.

I really want to change this market ecology.

There is a high probability that further stimulation from the macro news will be required.

In other words... the core main funds like the 'Yuhang Department', which have a great impact on market sentiment and trends, can clarify the direction of investment on the market's public dragon and tiger list, and further stimulate the change of the main direction of the market.

Before these factors take place, it is foreseeable that the market may have to focus on the main lines of the 'infrastructure' and 'military industry' industries, as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Restructuring of State-owned Enterprises' The main lines of these conceptual themes continue to be hyped and deepened. "

"However, from the perspective of the market's macro direction..." Yi Xiaopeng paused for a while, and continued, "'Infrastructure' and 'Military Industry' are the two major industry lines, and the 'Asia-Europe Economic Belt', 'New Era Road, and Maritime Silk The chip structure of the main line fields such as "The Road" and "Reform and Reorganization of Central Enterprises and State-owned Enterprises" has indeed been loosened.

Along with the money-making effect of these core main lines, it gradually weakens and loses.

The market conditions will definitely flow to the main-line sectors that are more cost-effective and have room for expected differences at lower levels.

Since we made the investment strategy change of "high-low switching" in advance, the current position has been adjusted to the main line of "technological growth".

At present, we can only wait patiently for further changes in the market.

Otherwise, at this time, if we reverse our positions and pursue popular mainline stocks such as 'infrastructure' and 'military industry', the risk will be very high. "

In his opinion……

Patiently lurking and waiting may miss the current market trend.

However, if you aggressively reverse your positions and continue to pursue popular themes such as 'infrastructure' and 'military industry', you may be slapped in the face by both sides of the market.

Therefore, although he was a little surprised and surprised that the market has returned to the main trend of "infrastructure" and "military industry", he is clearly in this position and opposes the fund's adjustment of investment strategies again. The strategy was adjusted to the old road before.

At the same time, he also believes that changes in trading strategies.

It should be forward-looking to a certain extent, and should not follow or lag behind changes in market trends.

After all, there are considerable uncertainties in market changes. If you blindly follow the trend, you will most likely stand guard.

And chasing ups and downs, how is that different from retail investors?

Zhao Zhongming pondered carefully for a moment, then nodded helplessly and said: "Since we missed it, now, it is definitely impossible to turn our positions to pursue popular stocks such as 'infrastructure' and 'military industry'. We can only wait patiently... I hope that the follow-up market will With the adjustment of the main line, the line of 'technological growth' will show up!"

"There will be performance!" Yi Xiaopeng said firmly.

While the two were discussing the market trend in the morning.

At noon, inside and outside the market, a large group of retail investors gathered on the online stock discussion platform were also discussing the market situation intensely.

Moreover, with the further increase in market volume.

Obviously, the number of discussion topics in the market and the popularity of related topics are also rapidly increasing.

This shows that the speed of new entry of potential investor groups outside the market has not slowed down. At this moment, there are still large-scale new investors entering the market continuously, thus providing more opportunities for the market More funds, and corresponding liquidity.

"Haha, happy, today's daily limit is full."

"Fortunately, the check for 'Blue Stone Reload' was issued in the early trading. I hope this check will give a good premium tomorrow."

"Sure enough, the market has returned to its original rhythm, and I knew that... except for the popular core lines of 'infrastructure' and 'military industry', other areas of the market simply cannot gather popularity."

"We still have to rely on 'big infrastructure' to increase the index!"

"Facts have proved that the theory of 'the strong are always strong' is still very effective. In the past few months, if you only trade in leading stocks, you can obviously make a lot of money."

"Let's guess how many boards there are in 'Blue Stone Reload'?"

"At least you can board tomorrow, right?"

"Like this kind of super concept leading big monster stock, I really don't know where the final height will be. After all, it is possible to rise as much as it wants!"

"At least 20 boards or more."

"As for the 'bluestone reload' check, all I can say is that the sky is the end of the check."

"I feel that after the continuous daily limit and continuous exceeding expectations of this check, the value of the entire 'sub-new shares' and 'military industry' mainline concept stocks have been revalued."

"That's for sure. Isn't the main line of 'Military Industry' and the 'Second New Stock' sector leading the rise today?"

"Throughout the morning, the daily limit of 10 sub-new stocks, can you believe it?"

"This is the power of valuation restoration. As I said earlier...the market of the two core main lines of 'infrastructure' and 'military industry' must not have peaked."

"There should be another wave of master promotion, right?"

"At least we have to wait until this wave of master promotion is over before we can judge whether it has reached the top."

"In April and May, the first concentrated riots in the main line of "big infrastructure" should be regarded as the first wave of major promotions, and then the main lines of "big infrastructure" and "military industry" started at the end of June. This should be regarded as the second wave. Now that the 'military industry' is in full swing, and the 'Blue Stone Reload' has caused the revaluation of stocks in related fields in the entire market, this should be regarded as the third wave, right?"

"It can be calculated in this way. According to the wave theory, the three-wave increase is the largest."

"Indeed, there is no doubt that we will continue to firmly hold shares and continue to be long on popular themes such as 'infrastructure' and 'military industry'."

"Currently, relying on popular main lines such as 'infrastructure' and 'military industry' to market, follow the trend, there is no risk at all, anyway, just buy without thinking."

"At least until the market trend of 'Blue Stone Reloading' is not over, the main line of 'military industry' and the chips in the direction of 'sub-new shares' can still be bought at will, and there is a high probability that you can make money."

"Current President Su's seat on 'Wealth Road' has not yet appeared on the two cities' dragon and tiger lists, so there is no need to panic."

"At least we have to wait until the Shanghai stock index breaks through 3000 points."

"Yes, the Shanghai stock index has already reached 3000 points. There is no reason not to break through. What's more, the volume of the two markets is now almost 5000 billion, and the strength of the breakthrough is completely sufficient."

"Look, this wave of the Shanghai Stock Exchange Index will definitely be the same as the previous breakthrough of 2500 points."

"Clearly, it feels like a bull market has arrived."

"It's not a bull market, but it's better than a bull market. Anyway, the market's profit-making effect is not bad, and the short-term is no longer burying people."

"It seems to be the case. Even if you do something wrong, the 'nuclear button' won't appear the next day. It's been a long time since it appeared, right?"

"There hasn't been a one-word soul-breaking knife for several months."

"This is the proof that the market is clearly strengthening, hehe... At this time, it is time to boldly chase hot spots and become a leading stock."

"It's necessary, I've reached 200% of the position."

"Mancang Manrong has been prepared for a long time, waiting for the stock index to break through 3000 points, waiting for the outbreak of the big bull market."

"I seem to have seen the grand events in 06 and 07. I feel that the biggest major market rise is obviously still to come. I feel that 'buying is earning' in the market is almost becoming a reality."

Amidst the heated discussions among the crowd...

With the main line of "Military Industry" hitting a new high in this round of rebound and a new high in the year.

With the full-scale outbreak of the main line of "big infrastructure", once again condensed the hot money-making effect.

As the "sub-new stock" continued to be hyped on the stock of "Bluestone Heavy Equipment" and continued to exceed expectations, it created a shocking daily limit trend.

As the Shanghai Index is getting closer and closer to 3000 points.

With the turnover of the two cities, the turnover of core individual stocks continued to increase step by step.

Under these numerous factors, the majority of investors in the two cities have returned to the peak of the market with excitement, long-term sentiment, and following-the-trend sentiment, and once again entered a state of excitement and excitement.

And it is in this extremely passionate and excited investment sentiment and hype sentiment.

After noon news and emotional brewing.

When the time progressed to 1: p.m., the two cities ushered in the reopening of the market.

Once the market opens, whether it is the index, or 'infrastructure', 'military industry', 'sub-new shares', 'nuclear power', 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'state-owned enterprise reform and reorganization', 'Shanghai Free Trade Zone'... and other sectors that performed strongly in the morning and received the attention of large-scale inflows of major capital groups, all showed a trend of further bursting volumes.

And when these sectors have further changed, and the volume has exploded.

The corresponding core concept stocks, weighted component stocks, and leading concept stocks... all set new intraday highs, and walked out of the magnificent situation of straight-line rise and funds from all walks of life rushing to raise funds.

(End of this chapter)