Rebirth of the Capital Legend

Chapter 547: Market rotation is faster than turning pages of a book!

"Eh, have the short-term funds in the market reacted so quickly?" Noticing that the 'new energy industry chain' line suddenly began to move up and the buying volume also began to increase rapidly, Li Jinshi, who was just discussing the trend of this line and preparing to lurk in the market, was stunned and said, "I said to lurk some chips at a low position, but it seems that there is no chance at all!"

"It's not too late to buy now." Chen Guiyun said, "Since this line has begun to move abnormally, the short-term profit and loss cost performance of intervening at this time is still good."

"Yeah, that's true." Li Jinshi responded.

Immediately, he began to invest funds and quickly bought some core stocks of the "new energy industry chain" that were leading the rise.

"The rise of the 'new energy industry chain' line has dispersed the active long funds in the market." When the two of them turned their attention to the main line of the 'new energy industry chain', Liao Guoxiang's eyes were still fixed on the trend of the 'big infrastructure' line, and on the market trend feedback of the popular core concept leading stocks such as 'Oriental Yuhong', 'Capital Group', and 'Huaxin Cement', and said, "The main attack direction of the main long funds continues to be dispersed, which is not necessarily a good thing. The volume in the market is very limited, and the incremental funds are insufficient. Now all kinds of long funds are attacking 'big infrastructure', 'consumer electronics', 'new energy industry chain', liquor, white appliances, medicines, etc. at the same time, which is bound to pull each other. I am not optimistic about so many main lines attacking at the same time. I feel that the market will most likely dive in the late trading stage."

"Not really." Li Jinshi said, "The index didn't rise much today, and the selling pressure is not heavy. It should be maintained."

"Not necessarily." After thinking for a while, Chen Guiyun continued, "I feel that the group of funds doing rotation in the market is still too anxious. They are eager to switch and take the lead. This is not good. It destroys the continuity of the main trend of the overall market trend."

"Then why do you say that short-term gambling has a good cost-effectiveness?" Li Jinshi said speechlessly, "Old Chen, aren't you trying to trick me? I just increased my position."

Chen Guiyun smiled and said, "For the 'new energy industry chain' line, since the expectation of 'oversold rebound' is forming, and this line didn't rise before, it seriously lagged behind the rise of the market. Even if there is a high probability of a plunge in the late trading, this line, as a new hot spot, should not fall back to the starting point. What are you afraid of? Besides... isn't your main position still on the 'big infrastructure' main line?"

“Although it is a newly opened position, you don’t want to see losses.” Li Jinshi said, “I feel that although the hot spots in the market have changed a little faster, the sentiment is still relatively stable, and the overall selling pressure is not great.”

"Then let's wait and see how the trend develops." Chen Guiyun responded and returned his gaze to the market.

The market trading time continues to advance...

At 2:05, in the abnormal main line of 'new energy industry chain', the 'lithium battery' sector and the 'non-ferrous metals' sector began to move together. 'Ganfeng Lithium', 'Tianqi Lithium', 'Dofluoro' and other core leading stocks that had performed well in the continuous speculation of the main line of 'new energy industry chain' continued to rise and broke through the intraday highs.

At 2:06, the share price of Ganfeng Lithium Industry rose by more than 4%.

At 2:07, the 'non-ferrous metals' industry sector index rose by 2.23%, driven by the unusual movements of core leading stocks related to the 'new energy industry chain' main line and the trend of the 'big infrastructure' main line, and once again ranked among the top few in the two cities' industry sector index growth list.

At 2:08, after the 'lithium battery' sector showed obvious abnormal movement, the automobile sector and its automobile parts sector related to the 'new energy industry chain' began to show abnormal upward trend.

At 2:09, the stock of "Ankai Automobile" suddenly rose sharply, up more than 7%.

At 2:10, 'Ankai Automobile' hit the daily limit. At the same time, 'Shuguang Shares' also rose by more than 6 points and went straight to the daily limit.

At 2:11, the check for "Shuguang Shares" hit the daily limit.

At 2:12, Sugon Shares hit the daily limit. At the same time, Ganfeng Lithium's share price rose by 5%. A number of main-line related stocks of the new energy industry chain continued to rise and break through.

At 2:13, affected by the abnormal rise of the 'new energy industry chain' main line, other main line areas in the market, such as the 'big infrastructure' main line and the 'weight' main line stocks, were abandoned by some long funds. The selling pressure on the market gradually began to increase, and the stock price gradually fell.

At 2:14, the cheque of 'Oriental Yuhong', which had surged earlier, gradually began to fall back.

At 2:15, the 'non-ferrous metals' industry sector index rose to the top five of the major industry sector indices in the two cities.

At 2:16, the pulse of 'Capital Group' fell back to a 2% increase.

At 2:17, the bullish support in the 'consumer electronics' sector began to gradually weaken, and the market trend began to maintain high-level fluctuations.

At 2:18, the stock 'Changying Precision', which had previously hit the daily limit, showed signs of falling.

At 2:19, the Shanghai Composite Index fell back to a 0.5% increase, while the ChiNext Index fell back to a 1.65% increase.

At 2:20, "Tianci Materials" suddenly rose straight to the daily limit. The relevant sectors in the main field of "new energy industry chain" and its corresponding concept stocks continued to siphon active short-term long funds in the market and continued to strengthen.

At 2:21, in the field of "automobile" sector, weighted core stocks such as "Changan Automobile" and "Great Wall Motor" began to move abnormally and strengthen.

At 2:22, after a brief dive, the Shanghai Composite Index stabilized at a 0.5% increase.

At 2:23, the market focus continued to concentrate on industry sectors, concept sectors and related stocks related to the main line of "new energy industry chain".

"What's going on? Why does it feel like the funds have changed direction and pulled the market up again?"

Seeing that the previously strong 'big infrastructure' main line and 'consumer electronics' related sectors are now in a slump and it is difficult to continue to rebound. At this moment, among the large number of retail investors gathered on major stock investment exchange platforms across the Internet, some people are wondering.

"Indeed, it feels like the focus has jumped to the 'new energy industry chain' line again."

"Within one day, the hot spots rotated all over, from film and television media, Internet software, and Internet applications in the early morning trading, to 'consumer electronics' after 10 o'clock, to the recovery of the 'big infrastructure' main line after the afternoon opening, and now to the 'new energy industry chain' main line. The changes in the hot spots are... faster than turning the pages of a book."

"Indeed, this kind of frequent changes in hot spots doesn't seem easy to do!"

"It's not just difficult to do, it's impossible to do it at all."

"Fuck, I guessed the beginning but not the end. I chased the 'QuanTong Education' check in the early trading, but now it's completely gone."

"I chased the 'Everwin Precision' check, but it feels like it's a failure."

"The check for Changying Precision opened so strongly in the afternoon, I don't know why it suddenly exploded."

"It's mainly the 'consumer electronics' line. After the 'new energy industry chain' main line began to siphon off a large amount of short-term active funds, it was no longer able to take on buying orders. Many profitable funds, worried that there would not be a good premium tomorrow, naturally began to dump stocks at the daily limit."

“Is there any sudden positive news in the ‘new energy industry chain’?”

"I haven't heard of it, don't you think so?"

"News often lags behind market trends. Looking at this situation... maybe there is some good news."

“Has the subsidy policy changed? Or has there been new developments in battery technology?”

"It's hard to guess, but it's not just the lithium battery sector that's moving. The new energy vehicle sector is also moving a lot. Changan Automobile's stock price is almost up 5%."

"However, the funds pulling the 'new energy industry chain' line have not been able to resonate with the broader market."

"Yes, the rise of the 'new energy industry chain' line not only failed to drive the overall market, but brought it down. It feels that in the market, except for the 'big infrastructure' line, which can form a perfect resonance with the overall market, the other main market lines are not so good, right?"

"This also shows that in the market, only the line of 'big infrastructure' is the core theme."

"In other words, the sustainability of the 'new energy industry chain' is still in doubt?"

"I think the sustainability is questionable. Overall, among all the main lines in the market, this line has not risen much before, and it lags behind the growth of the overall market. So today, after the funds found that other main lines were not moving well, they turned back to pull this main line which is still at a significantly low level."

"Well, I think so too. At this stage, the market should still move in a rotation."

"It's just that the rotation speed is a bit too fast."

"How do I operate it? It feels like no matter which line I follow, it's always a trap!"

"Just stick to one main line. With such a fast rotation speed, you can't catch up with the hot spots. It's better to be optimistic about one main line, increase your position when it falls, and reduce your position when it rises."

"That's right. It feels like it will be difficult for the index to continue to move upward."

"Yes, the selling pressure in the market seems to be increasing. If the main long funds in the market were not concentrated in one direction and unable to attack, they would not make such high-low switching."

“Well, the accelerated rotation of hot spots may indeed be a feature of the overall weakening of the market.”

"It can't be said that the stock is weakening. The two core leaders, Oriental Yuhong and Huawen Online, are actually still quite strong. The daily limit order for Huawen Online is still intact."

“If these two leading stocks start to collapse, the market will probably have already started to fall sharply.”

"Today'Oriental Yuhong' has seen a lot of volatility, especially in the afternoon. Is this check starting to peak?"

"It doesn't seem like it, does it? Today, the volume of Oriental Yuhong is still relatively stable."

"I also feel that the current market trend of the Oriental Yuhong check has not yet run its course."

"Mr. Su's Fuxing Road should still be locked in there, right? Since Fuxing Road is still locked in there, then there is still hope for the Oriental Yuhong check."

"There is still some expectation, but it seems very difficult to continue to rise sharply in the short term."

"Yes, at this position, there is a possibility of continued growth, but the possibility of entering a correction phase is also very high."

"The Shanghai Stock Index has clearly risen but is not moving much today."

"Overall, the market should still be more inclined towards small and medium-sized stocks, right? Although the market has taken a small dive, the difference between the Shanghai Composite Index and the ChiNext Index is still above 1%."

"Then small and medium-sized stocks and micro-cap stocks are definitely stronger!"

"I feel that there are major funds in the market that are adjusting their positions. The major funds in the entire market should be doing 'high-low switching'."

"But the main and branch sectors, such as 'emerging industry chain', 'new energy industry chain', 'semiconductors', 'consumer electronics', and their related stocks, although their positions are indeed lower than those of the weighted main line and some stocks in the 'big infrastructure' main line, the underlying logic of these main lines is indeed worse. If there is no positive news trend or continuous policy-driven positives, I feel that it will be difficult for these so-called low-level main lines to have a smooth upward breakthrough trend like the previous 'big infrastructure' main line."

"Good news only becomes clear gradually after the stock price rises."

"That's right. As long as the stock price continues to rise, both the main funds that make the market and the short-term funds that follow the trend will try to find favorable factors, and naturally there will be more and more favorable factors."

"The 'mobile Internet' market should still have a lot of room for future development, right?"

"Yeah, I think so too. The development space of the entire 'mobile Internet' application sector is far from saturated."

"What about the 'smartphone' sector? Is there sustainability in 'consumer electronics'?"

"I think so. I think we can still look forward to the Apple new product launch next month."

"The sales of Apple's new products last year were obviously somewhat below expectations."

"It is because last year's performance was below expectations that there is an expectation gap. At least before Apple's new product launch, this expectation will always exist, and funds in the market should repeatedly hype this line."

"I agree. As long as the good news doesn't materialize and there is an expectation, the stock price will be hyped. So when the 'Everwin Precision' check exploded just now, I added more shares."

"Those who dare to increase their positions and go long at high levels are all heroes."

"It's really amazing. The 'Changying Precision' check has been closed again, and the order is even larger than before. This shows that the main funds that make this check still have a strong desire to go long. It feels like this check will become the next core leader in the market."

“I don’t dare to think about becoming a core leader, as long as there is a premium tomorrow, that’s fine.”

"There will definitely be. If there is no premium, it will not rebound to the daily limit so quickly."

"Hey, with 'Changying Precision' hitting the daily limit, it seems that the index has started to go up again, and the focus has begun to concentrate on the 'Consumer Electronics' sector again."

"It's true... It changes three times a day. I can't hold it, I can't hold it!"

"Indeed, it's best not to watch the market. If you keep watching the market, with this trend... it's hard not to lose chips!"

Along with the heated discussions among countless retail investor groups on major stock investment communication platforms, as well as analysis of market trends.

After 2:45 p.m....

As the market begins to enter the last fifteen minutes of trading.

The major main sectors of the market have begun to increase their volume again, and visible follow-up buying has begun to increase. At the same time, driven by the follow-up buying, the major indexes of the market have also begun to slowly turn around and attack again.

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