Xu Shen bowed his head slightly, and said: "Since the two main lines of the two major industries of 'infrastructure' and 'military industry', as well as the main lines of the 'Eurasian Economic Belt', 'On the Road of the New Era, the Maritime Silk Road', and the 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the adjustment expectation trend is getting stronger and stronger.

However, the increase in the direction of big finance ......

At present, although the market does have traces of funds switching between high and low.

However, it clearly switches the direction of the main line, and it is still not clear which direction the funds will go in to work together to go long.

Although we are optimistic about the next market performance, the main line of "big finance" can replace the "big infrastructure", "military industry" and other popular main lines that are already at a relatively high level in the market and have a strong risk of adjustment, but the expectation is always just an expectation, and whether the expectation can be fulfilled or not will eventually fall on the actual trend of the market.

Therefore, the increase of positions in the line of 'big finance' can be done, but there is no need to be too anxious, and a large-scale position building action was carried out directly at the beginning.

We have to be assured that if the market does not develop according to our expectations and projections.

When the process of 'high and low switching' is completed, we can form the main line of market funds, not the main line of 'big finance', we can also adjust our positions in time to keep up with the rhythm of the market.

In short, at the time of the implementation of the trading strategy.

Especially when the current market trend is not clear, and there are switches and uncertainties in the main line.

We must pay great attention to the position of the position, not too high, not too low, not before the market trend is clear, in other areas that have not come out, has not formed the main line of market capital force, too deep, we must maintain our initiative for market changes. ”

Hearing Xu Shen's advice, Zhou Kan nodded and said, "Okay, slowly increase and adjust positions, and at the same time keep an eye on market changes." ”

After speaking, Zhou Kan turned his head and immediately instructed several trading groups in the trading room.

Within the trading strategy policy mentioned by Xu Shen, the relevant trading orders are executed quickly.

At the same time, Yuhang, Jingda Investment Company, the main fund trading room, also aware of the market, "infrastructure", "military industry" two major industry lines, as well as around the "Eurasian Economic Belt", "the new era on the road, the Maritime Silk Road", "central enterprises and state-owned enterprises reform and reorganization" and other core concept themes of the relevant plates, and many of its core stocks, popular concept stocks, has appeared loose chips, with a huge risk of callback fund manager Lin Tingzong, at this time, staring at the eyes of the disk, I also have the idea of adjusting my position and changing my investment direction and investment ideas.

"I feel that the market trend is not very stable today!"

In Lin Tingzong's contemplation, Gu Chijiang, the general manager of the company, sighed: "According to market expectations, today should have been a market trend that should continue to break through, however, in the main line of the core concept of the entire market, whether it is 'infrastructure', 'military industry' related sector stocks, or 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', ' The reform and reorganization of central enterprises and state-owned enterprises are the core of a number of related concept plates, as well as their associated stocks, and the trend of the disk, all of which have clearly shown traces of volume stagnation.

Traces of such a disk trend......

It should be able to explain that the internal position deposited funds of these core main lines are continuing to take profits at the moment, right?

At the same time, such as 'big consumption', 'science and technology growth', 'big finance' and other main line directions, there seem to be signs of change, these previously weaker main line plates, the performance at the moment, is stronger than the capital has been hyped up in the 'infrastructure', 'military sector, and around the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Central Enterprises and State-owned Enterprises Reform and Reorganization' and other conceptual topics hyped related concept plates.

This should also indicate that the funds retreating from the high level are flowing to the low level, right? ”

"Hmm!" Lin Tingzong nodded slightly, and responded, "Judging from the market trend and the traces of the main capital flow, the market does seem to be doing a 'high and low switch' market."

Just for now......

It is not clear who will become the funds to undertake the high-level retreat from the several main line sectors at the low level, forming a new form of capital convergence and speculation, condensing market sentiment and continuous money-making effect. ”

"Which thread do you prefer?" Gu Chijiang asked.

Lin Tingzong thought for a while and said: "Judging from market expectations and the strength of the current capital attack, I feel that the line of 'science and technology growth' will be more likely to undertake the popular main line market such as 'infrastructure' and 'military industry' from a low level, after all, after this quarter's adjustment, the line of 'science and technology growth' is significantly more cost-effective than in June."

At the same time, such as 'Internet finance', 'mobile Internet', 'smart phone industry chain' and other areas of 'technology growth', whether it is the scale of the industry or the growth of performance, are all happening in substance, and their future expectations are still improving.

Let's take a look at the corresponding core stocks in these areas.

After several months of adjustment, not only did it not keep up with the sharp rise of the Shanghai Composite Index, but it fell back a lot.

At the same stage, the Shanghai Composite Index rose by nearly 20%.

Expectations for the future continue to strengthen, the overall market valuation has decreased, and the index has risen wildly...... Considering these factors, in a sense, the line of 'technological growth' has the logic of making up for the rise.

And then there's ...... Based on the historical performance of the market.

Usually, there is an obvious seesaw effect in the market of the main board of the Shanghai Composite Index and the 'growth stocks' in the direction of the small and medium-sized board and the growth enterprise board.

For example, last year, it was mainly the market in the field of small and medium-sized boards and growth stocks on the GEM, and the GEM index nearly doubled its rise last year, while the Shanghai index remained motionless.

This year, it's just the other way around.

But now, when many funds clearly feel the direction of the main board, the chips in the field of 'big infrastructure' begin to loosen, and seek to switch between the high and low of the market.

That depends on the inertia of investment and thinking.

There is a high probability that many major funds will converge on the main line of 'scientific and technological growth'.

What's more, the line of 'science and technology growth', in the current position, has enough cost performance, as long as the funds converge, the market in this field to form a joint force, is able to pull out a wave of continuous market. ”

Gu Chijiang heard Lin Tingzong's analysis, pondered for a moment, and said with a slight bow: "The line of 'scientific and technological growth' is indeed worth noting, but I think ...... The market is not simply repeated, is it? The overall volume of this year's market has been much higher than last year, and there should be no more obvious seesaw trend between the Shanghai Index, the small and medium-sized board index, and the gem index, right?

After all, now both cities are almost able to maintain 400 billion capacity.

At the same time, I feel that the line of "technology growth", although the future is expected to be strong, the performance of many popular core stocks has not been significantly followed, and there is still a risk of logical falsification.

I think......

Compared with the line of 'technological growth', the two main lines of 'big consumption' and 'big finance' are not without opportunities?

The current valuation of the line of "big consumption" can be said to be very low, such as "Gerry Electric, Midea Group, Haier Electric ......" and other white goods stocks, as well as "Great Wall Motor, Shanghai Automobile Group, Changan Automobile ......" and other automobile industry stocks, as well as "Qianzhou Moutai, Wuliangye, Luzhou Laojiao ......" and other liquor brand stocks, their performance is currently in the recovery channel.

At the same time, in the context of 'economic recovery'.

Although the 'big infrastructure' strategy is the core driving force of economic recovery, there will definitely be a certain obvious recovery in consumption after economic recovery.

I think there's a pretty strong difference in expectations here.

And in this field, in the hot main line related to 'infrastructure' and 'military industry', on the macroeconomic strategic planning route of 'New Era Road and Maritime Silk Road', when it is soaring all the way, it is also obviously maintaining a sideways state, lagging behind the broader market index.

As for the main line of the market of 'big finance'.

I think that if the Shanghai Composite Index still has the potential to continue to break through the upward rush, and can break through the shackles of 3000 points above the 2500 points.

At the same time, the market volume can perform and can maintain the level of 400 billion.

In other words, the financing balance of the two cities can always remain above the active area of 800 billion.

Then, the market 'bull market' is not unexpected.

As long as the expectation of a 'bull market' in the market continues to increase, the sentiment and confidence of market investors will increase.

Then, under the condition that the market volume can maintain a high level, the balance of the two financial institutions can remain high, and the overall money-making effect of the market is not bad, 'big finance' is definitely the industry with the first income and direct income.

Not to mention, under the expected economic recovery.

After the banking industry adjusts its asset structure and completes the situation of off-balance sheet investment and off-balance sheet assets, its credit scale will certainly return to the expansion route along with the economic recovery.

As for the demand from the insurance industry, it will certainly increase sharply in the context of economic recovery.

Securities, not to mention, the sharp increase in market turnover in recent months has made the commission fees of major brokerage institutions make a lot of money, and at the same time, the proprietary fund products of many brokerage institutions should also make a lot of money in this wave of "big infrastructure" main line of the main market, and now there is a profit increment of the two financial businesses......

From the analysis of these aspects, under the premise that the domestic financial trading market is becoming more and more hot, the fundamentals of securities have actually gradually changed, and there is a strong expectation gap.

In this way, although the previous performance of the main line of 'big finance' was very weak, the majority of investors in the market also hated this main line of plates, and the voice of abuse continued, but from the perspective of expectation and investment and speculation, the line of 'big finance' also has strong expectations and obvious investment and speculation value.

In addition, the market volume of the main line of 'big finance' is not small.

It is able to accommodate all rivers, accommodate the funds that have been withdrawn from the popular main lines such as 'infrastructure' and 'military industry', concentrate on the strength of market funds, and lead Shanghai to further open up space.

After all, in the weaving of the index, the weight of the proportion of 'big finance' is quite high.

It is actually more appropriate to pull the market index through the line of 'big finance', so that the Shanghai Index can further open up the space and condense the basis and consistent expectations of the 'bull market'.

And according to the market trend......

The active funds in the market do have inflows and layouts in these main directions. ”

After listening to Gu Chijiang's analysis and cognition of the market, Lin Tingzong thought about it and said: "From a more comprehensive point of view, what Mr. Gu said is right, at present, the main lines of 'scientific and technological growth', 'big consumption' and 'big finance' all have the opportunity and probability to undertake high-level hot mainline markets such as 'infrastructure' and 'military industry', guide the inflow of funds to the low-level main line, further condense emotions and consistent expectations, and create a new market main line.

It's just that at present, there are obviously still big differences in funding.

If we want to lay out in advance, in terms of choice, I am afraid that it is ...... Not very easy to do. ”

Gu Chijiang smiled, took over and said: "There is nothing bad to do, since we can't see which low-level main line will eventually come out, form a consistent expectation, condense market sentiment, and get out of the continuous money-making effect, then we can rely on the core popular stocks in these three main directions and have a balanced layout."

First follow the funds to buy, and then, see which line has a strong consistency expectation and a strong continuous money-making effect.

Then let's slowly adjust the next step according to the further changes in the market, what do you think? ”

Lin Tingzong smiled and responded: "Although this method is clumsy, it is obviously practical for the current market performance. ”

At this moment, the market has shown signs of 'high and low switching'.

Although there is a low main line of consensus expectations, which is not clear at the moment, they still have to make corresponding strategic changes in order to grasp the initiative of the market.

At the very least, there are obvious signs of loosening of chips in several core main lines of the market.

In the main line of 'infrastructure' and 'military industry', as well as in the market's speculation on the major concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the profits obtained will stabilize the net profit value of the fund, control the huge drawdown risk that may exist, and reduce the positions currently gathered in the market on several popular core main lines first, how is it correct! (End of chapter)