Rebirth of the Capital Legend

You should pay attention to the trends of the main-line related industry sectors and concept sector indices, such as consumer electronics, Internet software, electronic information, new energy industry chain, film and television media...

Basically, the trends of these sector indices are all positive and upward.

This shows that the speed and enthusiasm of active buying and building positions in the market as a whole are very aggressive, and the expectation of a general market rebound has basically been unanimously agreed upon by many funds within the market.

Of course, this is because the market itself is currently in a bear market phase with insufficient liquidity.

There are many groups of funds that are trapped in the market, and there are also many groups of funds that bought the bottom yesterday. They are still skeptical about the sustainability of the rebound in the future market.

Therefore, the current selling pressure in the market has not eased much, and the divergence between long and short positions in funds is still relatively large.

But this does not affect the improvement of the overall bullish sentiment in the market, nor does it affect the acceptance of buying funds. "

"Well, my views are basically the same as Lao Liang's." At this time, Zhang Wei also nodded and said, "The K-line pattern trend in the previous two trading days, as well as the performance of the volume, the pattern of two golden needles probing the bottom, has already given a lot of money inside and outside the market the desire to go long.

Yesterday's Dragon and Tiger List of 'Oriental Yuhong'.

The large-scale purchase of more than 100 million by "Fuxing Road" gave these funds the confidence to go long.

Under the joint promotion of expectations from both sides, today's general market rebound was actually foreseeable before the market opened.

Of course, the market trend after opening is somewhat different from pre-market expectations.

Previously, everyone believed that the 'big infrastructure' line, driven by the daily limit of 'Oriental Yuhong', would directly break through with a high opening and a high closing price with a reduced volume.

As a result, after the opening, the "big infrastructure" line still experienced a wave of divergence.

However, I think the trend of the "big infrastructure" line has become much healthier after this wave of divergence, and we can see higher sustainability."

"Hehe, great minds think alike." Zhao Zhiyuan laughed and said, "I also think this trend is the best. If the volume shrinks and the stock opens high and breaks through, the profit-taking in the market will not be taken out and will continue to accumulate. Once the stock price continues to rise and diverges at a high level, with the current market liquidity and active capital flow, it is highly likely that it will not be able to sustain it. If it moves like this now... After the chips have been fully exchanged, everyone's holding costs will continue to rise, which can lock up the chips and reduce the upward pressure.

As for the other market themes that Lao Liang just mentioned..."

Zhao Zhiyuan paused and said, "I think that before the core theme of 'big infrastructure' is completed and the stock price has not overdrawn market sentiment and expectations, that is, before the underestimation that can be seen at a glance is eliminated, even if other main themes can have a short-term rebound, it is estimated that it will be difficult to attract the attention of large funds.

After all, there are major main lines in other markets.

In essence, it is just a simple oversold rebound, without any improvement in fundamentals or sufficient expectations of future performance explosion to drive it.

Relying solely on the chip structure, the expectation of a rebound after an oversell.

As for sustainability, I cannot guarantee it at all.

In fact, main lines such as Internet software, electronic information, film and television media, and new energy industry chain... have experienced violent rebounds before.

But it lacks the most basic core logic.

Usually there is a short rebound of one or two days, and then it falls back quickly.

Moreover, due to the poor historical trends of these main sectors, a large number of funds and retail investors have been trapped.

The pressure of its rebound becomes extremely huge once it slightly touches the area where the trapped shares are deposited.

In a situation like this, with this kind of trend... I feel that there is absolutely no value in participating, because this kind of rebound is not sustainable, and if you are not careful, or get the rhythm wrong even a little bit, you will be stuck.

Don’t underestimate LeTV, Maruda Films, and Flush... these stocks still have a market value of tens of billions.

But the daily transaction volume has dropped to only 200 to 300 million.

With this liquidity, let alone tens of millions of funds, even if 10 million funds are deposited, it is not certain that they can be withdrawn. And a buy order of 10 million cannot cause any waves among the numerous locked-in shares of these stocks.

Therefore, on the whole, the cost-effectiveness of intervening in these main sectors is very low.

Anyway, under the premise of the core theme of "big infrastructure" and the money-making effect, I will no longer intervene in these oversold main line sectors where it is difficult to make money but extremely easy to lose money.

What's more, the main capital group in the market now...

Most institutional capital groups have basically completely abandoned the path of speculating in small and medium-cap concept stocks.

If we look at the hot stocks in the recent market that have really made money and have really strong trends, they are basically blue chip stocks with expectations of explosive performance in the future and excellent fundamentals. The previous form of simply speculating on concepts and chips seems to be really not working now. "

"'Big infrastructure' is undoubtedly the core theme of the market," said Zhang Wei. "But other themes are not without opportunities. In addition, there are still many stocks that are driven by fundamental changes and performance expectations, such as 'Lixun Precision', 'Goertek', 'Lens Technology'... These core stocks in the 'Apple industry chain' have been very tenacious, whether in the bull market of the year before last or last year, or in the bear market of this year. Their stock prices have basically reached new highs after every adjustment."

"The Apple industry chain branch is really good." Liang Jiucheng also noticed the recent strong performance of the 'Apple industry chain' line in the market, and said, "It seems that the recent strong trend of this line is not only driven by fundamentals and future performance expectations, but also by the expectations of Apple's new product launch in September."

"Lao Liang, do you think this line can be done?" Zhang Wei asked.

Liang Jiucheng thought about it for a moment and said, "I think it's completely possible. Although the stock prices of these core stocks have not dropped much compared to the high point of the bull market last year, judging from the K-line pattern, the future prospects of their industries, as well as the expectations for the second half of the year and even next year, are indeed very good. In other words... the stock prices of these related core stocks, at their current positions, do not fully reflect the subsequent expectations."

"It seems that there are still many market opportunities." Zhao Zhiyuan laughed, "But I still think... it is safer to focus on the 'big infrastructure' line."

"At present, the sentiment on the line of 'big infrastructure' has basically formed a consensus expectation." Zhang Wei said, "If you don't take the initiative, many stocks will be difficult to buy."

"Although it is much higher than yesterday's intraday low," Zhao Zhiyuan said, "it is more certain. As for this trend... the high point set by the first wave of the main upward trend in the early stage will be broken through in 90% of this round. If we take the high point of the previous round of the main upward trend as the initial profit target, there is still a lot of profit space if we follow up now."

"Based on this logic, it is possible to make a profit." Liang Jiucheng said, "It is indeed cost-effective to earn this 10% certainty profit."

"But I'm talking about the average profit." Zhao Zhiyuan said, "If it's the core leading stock of this round of rebound, the expected profit margin is far more than 10%. Take the 'Oriental Yuhong' check for example. With the support of the 'Fuxing Road' seat, it may not be able to open the daily limit tomorrow."

"It's a pity that I didn't buy the Oriental Yuhong stock yesterday." Liang Jiucheng said, "The premium for the Fuxing Road stock is really horrible, and the buying is just following the trend... With a market value of more than 100 billion yuan and no other major positive news, it can still go up to the daily limit with a shrinking volume, and the buying volume can even reach 100 million lots, which is really outrageous."

He thought about the check for "Oriental Yuhong", which opened at the daily limit today.

But he didn't expect that the check would have as many as 100 million daily limit orders today.

"Yeah, this seat premium... I'm really envious." Zhang Wei also sighed, "With such a seat premium, it's really easy to make money."

Please...you...collect_6191 book 1 bar (six \\\n\\\\book\\\\bar!)

"Almost the same." Zhao Zhiyuan said, "I feel that even if Fuxing Road is not a core hot stock in the main line of 'big infrastructure', but an unpopular stock, with the terrifying premium ability of his seat, when the market opens the next day, many follow-up buying funds and a number of retail investors can also push it to a daily limit opening."

"Yes." Liang Jiucheng nodded and said, "It's a pity that 'Fuxing Road' can't be sold today. Of course... he can't sell it either."

Zhang Wei said: "The reason why the various groups of follow-up funds dare to buy stocks from Fuxing Road so recklessly is that they all believe that the funds from Fuxing Road will be locked up the next day and stay until the end of the market. Otherwise, they would not dare to buy so much."

"So, Fuxing Road, which has a lot of floating profits, dare not dump it." Zhao Zhiyuan said, "If Fuxing Road dumps the stock the next day, the seat premium will gradually decrease. This has advantages and disadvantages. For example, if Fuxing Road makes a mistake in judgment, or the stocks it buys suddenly encounter bad news, it is easy for other funds to step on it first and not be able to get out."

"To be honest, I really want to see the Fuxing Road fund make a mistake." Liang Jiucheng smiled and said, "It seems that this fund has never made any mistakes since its large-scale operation. Basically, the stocks it has traded have all experienced sustained market trends, allowing the subsequent fund groups to make money."

"That's right." Zhao Zhiyuan said, "It's called the 'Monster Stock Manufacturing Machine'. For all the stocks bought by 'Fuxing Road', the probability of them becoming monster stocks is basically over 80%. If it weren't for its ridiculous transaction success rate, would the premium for its seat be so high?"

"Forget it, let's not discuss this." Zhang Wei said, "I'm really envious."

After saying that, he turned his attention back to the two markets, ready to invest a little more money to buy stocks with a high degree of certainty and clear right-side buying points.

And in the ongoing discussion among several major speculators of the "Qilu Gang".

The market's trading hours have now entered after 10:20.

After almost an hour of trading, the trends in the two markets have basically stabilized. Whether it is the Shanghai Composite Index, the Shenzhen Composite Index or the ChiNext Index, they all showed a stable and fluctuating upward trend, and the market gains gradually expanded bit by bit.

The major core lines of the market...

The main line of "big infrastructure" has already created a new high point in the market. Whether it is the real estate sector, or other main sectors of the real estate industry chain such as construction decoration, building materials, steel, and nonferrous metals, they have all shown a relatively obvious bullish unilateral trend. The corresponding component stocks within the sector and related concept stocks are all obvious bullish trends, and the bullish follow-up on the market is relatively positive.

As for other market main lines...

Such as oversold main sectors such as Internet software, electronic information, film and television media.

The core stocks in related industries, as well as small-cap concept stocks that were severely oversold, also ushered in an extremely smooth rebound trend.

Although the depth and strength of involvement of the main buying capital groups in these core main line sectors are not as good as the core main line of "big infrastructure".

However, these non-core main-line sectors are severely oversold due to obvious oversell.

Even if there is no large-scale buying funds involved, small funds can still pull up a lot of gains under relatively small selling pressure.

As for liquor, white goods, medicine, consumption, and finance, these have long been at the top. Previously, they were the product of many institutional funds in the market, with heavy holdings by the "national team". They are also the core main line sectors with high defensiveness in the market.

This is due to the general recovery of market bullish sentiment and the increase in investment risk appetite.

The bullish support of these main sectors at this moment is actually not as strong as when the market continues to fall.

Although the A50 Index, which is strongly correlated with these main sectors, did not show a downward trend, it was in the midst of the Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index all rising steadily.

It has also remained stable at the flat level and has become a drag on the market.

Moreover, among the main sectors such as liquor, white appliances, medicine, consumption, and finance, a number of core leading stocks have not only seen a sharp decline in active buying, but large funds have also shown a continuous selling trend. Whether it is the individual stock market or the sector as a whole, the main funds have shown a net outflow trend.

It seems that these main sectors have different trends.

It can be seen that with the advancement of market trading hours and the improvement of market bullish sentiment, large capital groups are gradually flowing into related stocks with higher market trend elasticity.