At noon, the market has a short break.

The majority of investors are still somewhat disappointed with the performance of the market in the morning.

In particular, the attention and positions, the investor groups who are still gathered on the main line of 'science and technology growth', as well as some investor groups who have taken profits and reduced positions from the core main line areas such as 'infrastructure' and 'military industry' in the morning, and ran into the relatively over-falling 'technology growth' main line area.

"The line of 'technological growth' is really weak, and it hasn't even been able to get out of a weak rebound."

In the main group of Yuhang, where Su Yu is located, there are investors who still pay attention to the main trend of 'scientific and technological growth', and they can't help but sigh.

"To be honest,There are a lot of funds to buy the bottom of the line of 'technology growth' in the morning,This can be known by looking at the disk volume of the'LETV',But the chip structure on the line of 'technology growth' is too chaotic,The continuous selling pressure above is too heavy,Relying on the short-term role of bottom-buying funds,Can't lift the disk at all."

"The main line of 'science and technology growth', gone for almost two years, gathered in this field of the main institutions, I don't know how many, now the investment logic of the whole main line began to loosen, the future of good expectations, also began to collapse, these institutions have cut positions, the upper selling pressure can not be big?"

"Not only is it the continuous selling pressure of institutional selling, but the speculation and investment confidence of retail investors in this main line area in the current market are basically all in recession, and this expected situation and emotional reaction are ...... Still staring at the line of 'technological growth', I think...... Then it's really time to reflect on it. ”

"Compared with the line of 'scientific and technological growth', the two main lines of 'infrastructure' and 'military industry', as well as the core main themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the trend is really strong!"

"However, other traditional main line areas, such as finance, consumption, non-ferrous cycles, etc., have ...... trend It doesn't seem to be much better than 'technological growth'. ”

"After all, the market has not yet gotten rid of the overall pattern of the stock game, finance, consumption, non-ferrous cycles, these traditional main line areas, the current expectations are not strong, there is no capital care, can not go out of the market, it is normal, after all, in the fundamental situation of the stock game, the limited active capital group in the field, in the scope of attack, it must be to give priority to the future is expected to be strong, the main line area with the strongest money-making effect."

"This is true, I feel that the funds that rushed into the main line of 'science and technology growth' today will have to be cut tomorrow."

"The active funds in the field, on the main line of 'scientific and technological growth', continue to buy the bottom and cut the meat, which is not necessarily a good thing!"

"Indeed, once the money-losing effect continues, the line of 'technological growth' and the follow-up trend are very likely to form a situation of more kills and more."

"It's not possible, I feel like we've already formed a situation of killing more."

"If the line of 'science and technology growth' forms a situation of more kills and more and continues to fall, it may be difficult for the Shanghai Index to achieve an independent upward breakthrough trend, right?"

"That's for sure, after all, the market can't go too torn, although the main line of the market, mainly gathered on the main board, but at the same time, the evolution of the Shenzhen market, will also affect the mood and valuation changes of the main board, whether it is the Shanghai Index, or the Shenzhen Index, it is certainly impossible to independently get out of the unilateral upward trend."

"Doesn't that mean that the index is going to oscillate here for a long time? 2500 point mark...... Hopeless again? ”

"Not necessarily, as long as the two main lines of 'infrastructure' and 'military industry', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road' and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', can continue to make money and attract more potential investors from the OTC market, then the amount of active funds in the market can be in a state of continuous increase, and as long as there is sufficient incremental funds, the market will definitely overflow from these popular plates."

"When the market spills over, whether it is other traditional main line areas or the current weak 'technology growth' main line, they should be able to get more funds to take care of, and at the same time, ...... With the care of incremental funds, even if the future expectations of these main lines are not so clear and good, the corresponding core stocks and core concept sector index trends can also be stabilized, at least ...... Even if it can't rise, it is no problem to maintain a sideways shock. ”

"As long as these relatively weak main lines do not continue to adjust downwards and do not drag down the sustainable development of the main board of the Shanghai Stock Exchange, then there will be no problem for the Shanghai Index to continue to break through."

"At the same time, according to the current market trend and market performance pattern......"

"I think the trend of the future market changes that I am talking about...... It's still entirely possible. ”

"Of course, when it comes to trading opportunities, the best way to trade strategies, it is definitely better to avoid the weak main line sector as much as possible, and it is better to concentrate on the strong main line sector, after all, under the general psychological and emotional guidance of retail investors chasing the rise and fall, the stock speculation concept of 'the strong will always be strong, and the weak will always be weak' stock speculation concept has always been the truth of the market."

"Well said, I also think that Shanghai is pointing to an upward breakthrough, in fact, there is still a corresponding momentum."

"At the same time, it is also believed that the line of 'technology growth', although it is expected to continue to weaken, but in the case of continuous increase in market incremental funds, it is likely that after a short adjustment, it will be able to digest the disk selling pressure caused by the concentrated selling of the institutional group in the form of sideways shocks."

"Regardless of whether the Shanghai Index has entered the adjustment stage in the line of 'technology growth', in the short term, can it continue to break through, at least from the current disk form, downward adjustment...... I don't think there's a lot of space, right? ”

"Downward adjustment, there is certainly no space, first of all, many prescient institutions, such as Mr. Su's 'Yuhang Investment' institutions have been in the 'infrastructure', 'military industry' two main lines, as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Central Enterprises and State-owned Enterprises Reform and Reorganization' several core concept theme areas, laid out the bureau, built a good position, these funds ...... Under the circumstance that the future expectations of these main lines and the market speculation are still increasing, it is definitely impossible to smash the disk down, so that other institutional funds that want to enter the market will be raised at a low level, and these first-mover funds will definitely maintain the trend of the disk, maintain their first-mover advantage and holding cost advantage, so that the follow-up funds that want to enter can only continue to chase high. ”

"Secondly, other traditional mainline areas ......"

"Such as finance, consumption, non-ferrous cycles, etc., although the future expectations of these main line areas are not strong, and the current industry fundamentals are not much better, but the victory lies in the low valuation, the weight stocks in these industries are currently near the historical limit valuation level, and it is also extremely difficult to smash a pit down, after all, these core weight stocks have continued to shrink for several years, and the internal chips have almost been precipitated, not to last year' The money shortage crisis' will not be able to smash out the amount of energy at all, and it will naturally be impossible to pull the index down. ”

"Moreover, the main line of 'science and technology growth', although it has performed quite well in the first two years, has been repeatedly hyped by various funds, and at the same time, there are many internal institutional holding groups, and the selling pressure is greater, but in essence, ...... the main line of 'technology growth', a number of core industry sectors, concept plates, and the fundamentals of many core growth stocks have not completely deteriorated, such as 'mobile Internet', 'smart phone industry chain', 'Internet finance', 'mobile payment', 'film and television media', ' In the future industry demand space such as mobile games, the future industry demand space is still growing, but for now...... The growth performance of core stocks in these growth areas has been slightly lower than expected, and they have not kept up with the rise in stock prices. ”

"This shows that the core investment logic of the 'technology growth' line has not completely collapsed."

"It's just that the stock price has risen too much in the past two years, compared with the core stocks in other main areas of the entire market, and the valuation level is too high."

"Once there is a sharp correction in this area, the corresponding core stock valuations are cheap enough."

"There must still be a lot of funds, and they are willing to continue to buy the bottom and take over."

"In this way, this main line, which currently seems to be very weak, is unlikely to break through the index upwards and form a great constraint and resistance."

"So, overall, ......"

"At the current market node, the index does not have much room for a pullback to fall, but due to the experience of the bear market for many years, the hedging funds precipitated above are a bit too heavy, and the over-the-counter investment sentiment and investment confidence have not fully recovered, and the incremental funds are insufficient, and it is not easy to break through directly."

"Haha, well analyzed, I can't agree with you anymore, indeed...... The market has come to this current pattern, and there is really not much room for downwards. ”

"In that case, then you can rest assured that you can make a bold attack, right?"

"It should be risky to avoid weak areas and focus on the main line areas of 'infrastructure' and 'military industry', as well as the main conceptual theme areas of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'."

"Looking at the morning market trend, it is clear...... Although the trend of these core stocks in the main line area has not gotten rid of the shock mode, the stock price is still constantly hitting new intraday highs, which means that the more volatile, the stronger the trend. ”

"Well, that's true, that afternoon...... It still relies on the main areas of 'infrastructure', 'military industry' and 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'...... According to everyone's analysis just now, although it is unlikely to continue to unilaterally panic sharply, the money-losing effect is obviously still expanding. ”

"If nothing else, in the past two days, the funds that have flowed out of the main line of 'infrastructure' and 'military industry' and entered the main line of 'science and technology growth', as well as other relatively weak main line areas, have not tasted the sweetness and found that they can't pull up the corresponding disk, and the follow-up should also return to the 'infrastructure' and 'military' main line plates."

"Well, it can be expected that most of the follow-up market active funds will continue to concentrate on the fields of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'."

With the rapid refresh of group news, as well as the in-depth analysis of the market by the bigwigs in the group.

The lunch break flashed by.

Then, at 1 o'clock in the afternoon, the two markets entered the official trading session of continuous auction in the afternoon.

I saw that in the brewing of emotions at noon, as well as the in-depth analysis and logical prediction of the market by institutions, tour capital, large investors, and retail investors.

After the afternoon market opens......

The two core main lines of the "infrastructure" and "military industry", as well as the core concepts of "Eurasian Economic Belt", "On the Road of the New Era, the Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises", as well as the "port shipping", "machinery and equipment", and "public transportation" industry sectors derived from these main lines, as well as the concepts of "high transfer" and "restructuring backdoor", have begun to further strengthen and further absorb active funds in the field.

And in the main line of 'technology growth', which once showed some performance in early trading.

The corresponding industry sectors, concept sectors, and core constituent stocks have entered a weak shock situation of shrinkage after entering the afternoon trading session.

Among them, the check of 'LETV', after the huge earthquake, has been oscillating around the falling limit.

Then, when the market trading time jumped to after 2 o'clock in the afternoon, the two markets ushered in the last hour of trading hours.

'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises' several core concepts have begun to break out in an all-round way, and within the plate, a number of constituent stocks have begun to absorb a large number of active capital groups in the market, and the number of purchases can increase significantly.

At the same time, the two major concept plates of 'high transfer' and 'restructuring backdoor' are also spreading rapidly.

As a result, a number of stocks in the two cities, with the potential of 'high transfer', and a number of shell stocks with 'restructuring backdoor', have been speculated by the capital group.

At 2:30, in several core conceptual theme areas, the daily limit of stocks reached 15.

In the two major conceptual sectors of 'high transfer' and 'restructuring backdoor', the daily limit of individual stocks has also reached about 10.

At 2:45, in the case of active funds in the market and speculation in these fields, speculation and capital buying began to gradually spill over into the "Shanghai Free Trade Zone", "Greater Bay Area", "Yangtze River Delta Economic Belt" and other conceptual areas of speculation, resulting in the whole market to further enhance the money-making effect.

Eventually, at 3 o'clock in the afternoon, it was time to close.

Although the Shanghai Composite Index was no different from the gains at the close at noon, while the Shenzhen Index and the ChiNext Index also maintained a slight downward closing pattern, but the entire market, nearly 70% of the nearly 2,000 stocks involved in the transaction, have achieved a red market close.

And in terms of the performance of the money-making effect......

The market is no longer limited to the corresponding core stocks in the main line area, but has a large-cap, mid-cap, and small-cap stocks that have performed together, and the corresponding concept stocks have blossomed in an all-round way.

(End of chapter)