Chapter 399: The Bulls' Expectations Fulfilled!
In the evening, as market sentiment continued to be consistent with the bullishness, U.S. stocks opened higher and moved higher, further stimulating the potential long-term willingness of the domestic market.
The next day, Wednesday, May 14.
The market was in the midst of a call for longs, and the Shanghai Composite Index opened higher again, standing above 2445 points, up 0.46%.
At the same time, "infrastructure", "state-owned enterprise reform" two core main areas of popular stocks, but also by the field and outside the market of funds to rush to raise, "Beixin Road and Bridge" in yesterday's word limit closed in the case, today directly opened at about 7.5%, "Beijiang Jiaotong Construction" the check opened higher than 8.53%, one step away from the limit, and the two core popular stocks, the entire set auction turnover, are more than 10 million.
In particular, the "Beixin Road and Bridge" has a single call auction turnover of more than 48 million, and the trading is extremely active.
"Looking at the overall turnover of the two markets in the call auction, compared with yesterday and even the day before yesterday, the volume can explode." At 9:26, Yu Hang, inside Yuhang Investment Company, in the fund trading room, Li Meng observed the trading disks of the two cities that had been fixed, and said, "At the same time, on the scene, the buying orders of various popular stocks are more aggressive than yesterday and the day before yesterday, and I feel that investors' consistent expectations for the market are becoming more and more enhanced."
Su Yu heard Li Meng's words, and said slightly: "The positive impact of all aspects on and off the market continues to be affected, the bulls' mood is high, and many popular stocks on the main line continue to advance at a high level, refusing to pull back, causing some investor groups who hesitate to take light and short positions inside and outside the market to become more and more anxious, and they do not hesitate to chase high and grab chips, so ...... Naturally, the amount of energy exploded again."
"In this case, the market should accelerate to the top, right?" Li Meng asked with a smile.
Su Yu stared at the two markets that were about to officially open for trading, and responded: "Almost, under the continuous hot bullish sentiment, the amount of energy that erupts in this wave is basically the last wave of bullish power in the market.
"The end of the crossbow......
Su Yu paused and continued: "It seems that the market is hot, but in fact, the potential bearish power accumulated by profit-taking orders and floating hedging orders has almost reached the extreme, just waiting for the long-term capital power to follow the trend to weaken, and when market sentiment and confidence diverge again, these potential sell-offs will surge."
"2500 points, the consensus expected landing point of the bulls, is also most likely the final selling point of the concentrated catharsis of the bears' forces."
"However, before that, because of the market's consensus expectation of the 2,500-point position of the Shanghai Composite Index, before the Shanghai Composite Index reaches this real pressure threshold, the potential selling force in the market is large, but it will not concentrate on selling, so it seems that the bullish power will still be much stronger than the bearish power."
"Hmm!" Li Meng responded, "The more the market is at the top, the stronger the expectations in the market."
"But the closer you get to fulfilling expectations, the more dangerous the market becomes." Su Yu took over and said, "For a large number of investors holding positions in the market, especially in this round of market, the investor groups who have made a lot of profits, the expected cash point is 2,500 points of gain and loss."
"Master, now the index is 2,500 points, which is about 3 points." Liu Yuan said, "Since we judge the important pressure threshold of 2,500 points, and the Shanghai Composite Index is unlikely to break through substantially at this stage, should we increase our efforts to reduce positions at this moment, take advantage of the good liquidity of the market, and fully reap the market profits?"
After yesterday's comprehensive position reduction, the two main funds reduced their holdings of marginal concept stocks in the main line of "infrastructure" and "state-owned enterprise reform" by a total of 1.36 billion.
This reduction is not insignificant.
However, compared with the huge holdings of the two main funds totaling more than 14 billion, it is really not worth mentioning.
According to Su Yu's requirements, before the market fully turns, the position of the main line of "infrastructure" and "state-owned enterprise reform" must be reduced to less than 50%, and traders must at least reduce more than 6 billion chips if they want to achieve this goal, and the task is quite heavy.
Therefore, Liu Yuan at this moment,
This suggestion was made.
After all, in her opinion, if the expected range for the index to rise is less than 5%, then there is no need to wait any longer.
Because in the current market with only about 120 billion to 130 billion turnover.
Their short-term target of more than 6 billion positions is equivalent to the big ship and giant ship in the inland river, and it is not easy to completely turn, and before turning, we must also predict the market trend and respond in advance, otherwise it is really difficult to turn in time when the market completely turns, and it is bound to give back a large amount of profits in the early stage.
"Yes!" Su Yu responded, "From now on, the holdings in the main line of "infrastructure" and "state-owned enterprise reform" can be reduced, but ...... At the same time of reducing positions, it is still necessary to follow the previous principles, do not take the initiative to sell the market, do not sell large orders of more than 1,000 hands in a row, make reasonable use of the liquidity of the disk, and carry out the operation of reducing positions into zero, and control the amount of position reduction to avoid the possible disclosure of the dragon and tiger list."
The "Fortune Road" seats used by the company's two main funds have a great impact on market sentiment.
In the case that they need market liquidity to support the company's main fund to exit quickly and achieve the goal of reducing positions as soon as possible, any reason for exposing trading seats in advance will cause great fluctuations and variables to the market, thereby affecting the profit harvest of the company's main fund in the final stage.
"Okay!" Liu Yuan answered.
Later, he instructed many of Su Yu's opinions to other members of the entire trading group under his management.
"The stock of Beixin Luqiao that you bought with your personal trading seat, aren't you going to sell it yet?" After Su Yu explained the trading strategy, Li Meng focused on the stock of Beixin Road and Bridge, and said with a smile, "Eight boards, from the bottom, it has risen more than 3 times, I feel that this check is open again today, and the hype and market are beginning to come to an end."
Su Yu responded with a smile: "This check can be hyped by the market to this height, which has exceeded my expectations a lot, but this check has become the stock with the highest attention in the market, and the turnover rate and amplitude are at the forefront of the market.
"If I sell a lot of chips at this time......
"The trading seat appears on the Dragon and Tiger list, and the company's two main funds are not so easy to reduce their positions and take profits."
"Therefore, when I come out, let me be the one who breaks off, and let the check of Beixin Road and Bridge attract more long bait that is still chasing high here, so as to increase the liquidity and money-making effect of the market, so that you will be more relaxed in reducing positions and taking profits, and the market will last longer at the top of the market stage."
As long as the check can remain highly active and continue to rise, opening up the market speculation space, the speculation expectations of the two main lines of "infrastructure" and "state-owned enterprise reform" will not fade quickly, and the liquidity of these two main lines will not be bad.
"Okay!" After Li Meng knew Su Yu's idea, he didn't continue to ask.
"Boss, where will the funds we free up from reducing our positions move?" Seeing that the time was about to reach 9:30, Wang Can, who had been silent, asked, "The field of "military industry" you mentioned before, at this time...... Can I continue to increase my position? If the two core main lines of "infrastructure" and "state-owned enterprise reform" reach the top of short-term speculation, and the market falls into adjustment, this sector is estimated to not fall anywhere, right? After all, it hasn't gone up, and there's no profit."
Su Yu glanced at the overall call auction trend of the "military" sector on the big screen in the trading room, pondered for a moment, and said: "The funds from the "infrastructure" and "state-owned enterprise reform" fields can slowly increase their positions in the "military" field.
"Okay!" After receiving Su Yu's accurate instructions, Wang Can immediately started to act.
With the communication of everyone and the layout of trading strategies, at this time, the time has been shifted to 9:30, and the two cities ushered in the official continuous bidding trading time.
I saw that after a short five minutes of emotional brewing.
As soon as the market opened, under the hot bullish sentiment, the Shanghai Index, Shenzhen Index, and ChiNext indices rose rapidly, while the core areas related to the two main lines of "infrastructure" and "state-owned enterprise reform", as well as such as Beixin Road and Bridge, Shibei High-tech, Beijiang Communications Construction, and Shanghai Construction Engineering...... and other popular stocks have also exploded rapidly.
At 9:31, Beijiang Jiaotong Construction, which opened sharply higher, was once again blocked on the daily limit by several consecutive tens of millions of capital purchases, and the one-minute turnover exceeded more than 33 million, which can be described as the trend of opening seconds, and at the same time, it was ...... Another popular stock, Beixin Road and Bridge, burst out with greater energy and almost touched the price of the price limit.
At 9:32, the Shanghai Composite Index broke through 2455 points, pulling the increase directly to around 1%, and at the same time, all the industry sectors and concept plates in the two cities all turned red.
At 9:33, Huaguo Construction rose rapidly, rising by more than 5%, and the turnover exceeded 140 million in 3 minutes.
At 9:34, Beixin Road and Bridge touched the price limit, but it was not blocked, with a turnover of 268 million, fierce trading, and a huge trading volume.
At 9:35, Huaguo Metallurgical also quickly broke through to more than 5%, and on the disk, the active buy orders at the level of 10,000 hands emerged in endlessly.
At 9:36, the turnover of Beixin Road and Bridge exceeded 300 million, and the turnover rate also reached more than 10%.
At 9:37, the Shanghai Construction Engineering was listed on the board, and the popular stocks of "infrastructure" and "state-owned enterprise reform" in the middle and low positions received a large amount of attention from the active follow-up funds in the market.
At 9:38, Netspeed Technology suddenly rose in a straight line, and the direction of growth stocks on the Growth Enterprise Market changed.
At 9:39, LeTV, Oriental Fortune, Huayi Brothers, and Guangguang Media followed, and the "Film and Television Media" sector rose rapidly.
At 9:40, the GEM index rose by more than 1%, and at the same time, the funds in the two main areas of "infrastructure" and "state-owned enterprise reform" strongly followed the trend and rushed to raise funds.
At 9:41, the Shanghai Composite Index refreshed its intraday height to 2460 points, and the increase broke through to the 1.5% position.
At 9:42, Beixin Road and Bridge oscillated back and forth in the position of the price limit, changed hands sharply, and after the turnover exceeded 380 million, under the joint force of several main funds, the price limit was sealed again, realizing the trend of the nine boards, and at the same time refreshing the height of the market's speculation space for concept stocks this year, and further opening up the speculation space and capital enthusiasm in the two main areas of "infrastructure" and "state-owned enterprise reform".
At 9:45, the "big finance, military" sector that significantly underperformed this round of index rebound showed a slight rebound in the abnormal trend, and the related core stocks also showed a slight increase in concentrated volume, but the follow-up situation of the disk buying gathering is still not optimistic, and the overall active buying strength is far inferior to the leading several popular sectors.
At 9:50, the five core industry sectors of "infrastructure" of "building decoration, building materials, public transportation, real estate, and steel" had a total turnover of more than 15 billion yuan, a significant increase over the previous period, and accounted for about 6% of the market turnover, among which a number of blue-chip stocks with core values such as "Huaguo Construction, Huaguo Railway Construction, Huaguo Communications Construction, Huaguo Metallurgical, Huaguo South Locomotive, Huaguo North Locomotive" and other core value blue chip stocks with the concept of "infrastructure" and "state-owned enterprise reform" reached the highest peak in the same period this year. Hit a new high in volume.
At 10:01, after half an hour of trading at the opening, the index once again walked out of the large-scale yang, and the entire market situation once again revolved around the fields of "infrastructure" and "state-owned enterprise reform", forming a relatively considerable general rise in the two cities.
At 10:10, the turnover of the two cities exceeded 40 billion, setting a new high for the year in the same time period.
At 10:20, the Shanghai Composite Index continued to break through, refreshing the intraday high to the point, with an increase of more than 1.5%, which is far from the expectations of the majority of investors in the market
The 2500-point pressure threshold is getting closer and closer.
At 10:30, the Shanghai Index, the Shenzhen Index, and the ChiNext Index all rose by more than 1.5%, except for the suspended stocks in the two cities, 90% of the stocks rose, and the money-making effect of the two cities reached its peak.
At 10:50, the number of stocks in the two cities exceeded 40, whether it was the main line of "infrastructure" and "state-owned enterprise reform", or the field of "growth stocks" of small and medium-sized boards and gems, or the field of "ultra-falling stocks" that staggated in the early stage, all the popular concept stocks of medium and small caps rose sharply, and the market of the two cities was extremely hot.
"Damn, today's market is simply bursting!"
At this moment, at the moment when the sentiment of the long market in the whole market is extremely high, and the majority of investor groups follow the trend and the attitude of the long is extremely resolute, the magic capital, inside the Yinghui Fund Company, in the trading room of the "Yinghui No. 2 Fund", Shao Xiaoyun, as a fund manager, looked at the market and the index by leaps and bounds, and then looked at the fund account, which had already reduced the position in advance in the first two trading days and took profit, and returned a large number of idle funds. He commanded the traders, "Buy, buy, get back all the positions we lost before, and see what happens...... The market is going all the way north, and it will be difficult to pull back in the short term."