It is in the fermentation of this fiery bullish mood.

At 9:15, the two cities began to set up a bidding, only to see that with the stagnant disk began to beat, more than 2,000 stocks in the whole market, nearly 90% of the stocks, have appeared in the red plate high opening trend, among them, 'Huake Sugon, Flush, Shanghai Sanmao, China Airlines Heavy Machinery, Blue Stone Heavy Equipment, Jinzheng Shares, ...... these market popular leading concept stocks, it is even more a word of the high opening trend.

"A big open form!"

At the moment when the two markets began to beat rapidly, at the same time, in the Shenzhen market, inside the Xinniu Fund Company, in the main fund trading room, Mu Zhengxing, the product manager of the 'Manniu No. 2' fund, stared at the disk and said with emotion: "The bullish sentiment in this market is a little too strong, right?" ”

According to the moment of 9:15, the disk pattern presented by the two cities.

If this pattern can be maintained until the end of the formal call auction, Mu Zhengxing estimates that the market's major core indices should be close to a point in the opening range.

And this high opening range, compared with the emotional performance before the market, is obviously a little beyond expectations.

Of course, in terms of the usual volume and energy performance of the call auction stage, as well as the change in selling power...... Generally speaking, with the passage of time of the call auction, the situation of a large opening is extremely high, and it is extremely difficult to maintain it to the end without extremely heavy positive support, forming a more perfect expected situation.

"Next Monday will be the official opening day of the 'Shanghai-Hong Kong Stock Connect'." Fang Xinsheng, general manager of the company's asset management business standing next to Mu Zhengxing, also stared at the changes in the two markets with his eyes, and when he heard his words, he smiled slightly and said, "Such a certain big benefit, and at the same time, the external market trend is also supported, and the concentrated selling pressure of the Shanghai Index near 3300 points was almost cleaned up in the rapid market pullback on Monday, so ...... The upward pressure has been reduced, and there is the support of the follow-up major positive expectations, and some of the main capital groups with deep market awareness have rushed to grab funds before the good landing, which is actually very easy to understand.

With these main funding groups, they have rushed to run.

In the case that profit-taking orders and unhedging orders cannot temporarily cause excessive pressure on the upward movement of the index and the market.

This large opening call auction trend in early trading today is easy to estimate and understand, as far as this situation is concerned...... Not too much to exceed pre-market expectations. ”

"Looking at the performance of the major main lines of the market, I feel that the newly entered capital groups, as well as the areas with strong follow-up efforts, are mainly 'securities, Internet finance, military industry, film and television media, and sub-new stocks'!" Next to Fang Xinsheng and Mu Zhengxing, Liu Xin, who had been silent, pondered for a moment at this time, and said, "The form of the market powerhouse Hengqiang is becoming more and more obvious. ”

"Whether it's the trend of individual stocks, the trend of the main sector, or the trend of the core index...... Basically, in the evolution of the market, the trend is getting clearer and clearer. Fang Xinsheng said, "'Securities, Internet finance, military industry, film and television media, and new stocks', although the recent market trend far exceeds the performance of the Shanghai Index, Shenzhen Index, and ChiNext Index in the same period, and is in a short-term relatively high position."

However, if you analyze it carefully......

It is possible to get the certainty and follow-up expectations of the market of these major sectors, which are still much stronger than other markets that have not yet formed a significant upward trend, and there is no huge group of main funds to increase their positions and undertake a number of low-level main lines and related concept plates.

Since the certainty of market development and subsequent expectations are higher.

Naturally, there is no reason why the major sectors of 'securities, Internet finance, military industry, film and television media, and sub-new stocks' will not continue to be stronger than the market!

To put it simply, the market itself is the fairest.

After all, everyone buys and sells, and all the ups and downs are the ultimate choice of funds, or the unanimous force of the capital group.

Since the unanimous joint efforts of the market capital group, such a trend and situation have been formed.

That means that all of this is reasonable.

If it is unreasonable, the market will naturally correct the deviation, and the core sectors of securities, Internet finance, military industry, film and television media, and sub-new stocks will not form the current market situation. ”

"Mr. Fang has a point." Mu Zhengxing responded with a smile, "In the trading market, we all know that being strong is not weak, and often the certainty and stock price elasticity of strong stocks will be stronger than that of weak stocks. ”

Liu Xin smiled and said: "I'm not saying that the core hot sectors of 'securities, Internet finance, military industry, film and television media, and sub-new stocks' are unreasonable, I mainly think that the current market differentiation situation is actually still obvious, and the so-called comprehensive bull market is currently ...... Probably not, right? ”

"A full-blown bull market...... It shouldn't be counted at this time. Fang Xinsheng responded, "The Shanghai Index has only crossed 3,000 points not long ago, and the investment confidence inside and outside the market has fully recovered.

At present, the so-called 'bull market' market should have just emerged from the stage of development.

In addition, when the core main line of high market certainty and good expectations, as well as the weighted stocks of the core concept sector, are still in the undervalued or reasonable stage, it is generally difficult for a comprehensive and sustained general rise to occur.

After all, as far as the trading market is concerned.

If money is compared to flowing water, then the whole market is a huge lake.

In this lake, the main lines, the major industry plates, and the major concept plates are puddles with different terrain heights.

When the lake is in a relatively dry state, and the water is not enough to fill the entire lake.

Then, when these foreign flowing water flows in, the priority must be to flow into the lake, some low-lying puddle areas.

And only when these low-lying puddles are filled with water.

Then, the subsequent flow of water will flow into other places, and eventually ...... Until the entire lake is filled.

In other words, at a time when the liquidity of the market is not yet sufficient to raise the valuation level of all stocks in the market.

Then, the new funds entering the market must be the most cost-effective.

The easiest way to make money.

All aspects are highly certain, and the liquidity is abundant, and the funds from all walks of life are also relatively smooth and active in the main line areas, or the corresponding core stock areas.

Only when these core main lines and leading stocks with high certainty and abundant liquidity.

Driven by the continuous undertaking of capital groups, the valuation of the stock price is gradually raised, and in the market, it gradually loses its cost performance, or the money-making effect begins to gradually weaken and lose.

Then, the follow-up fund group will slowly do other non-mainstream main lines.

And when this time.

If the liquidity of the market is still increasing, there is still a steady stream of incremental funds pouring into the market.

Then, the continuous general rise situation will really occur, and the 'comprehensive bull market' situation mentioned by Mr. Liu will really come at this time.

As for this 'full bull market' situation, it has emerged.

Specifically, and when it will be, it's impossible to know.

We can only judge from the logic of market development, if the pattern of 'bull market' continues, if the liquidity continues to be further relaxed and amplified, if the market investment confidence is further increased, the overall investment risk appetite of the market continues to rise.

Then, the arrival of a 'full-blown bull market' is sure to happen.

It's just that the operation on the transaction, before the arrival of this 'comprehensive bull market', we can only follow the development of the market and the development trend and do it slowly. ”

"Agreed!" After listening to Fang Xinsheng's analysis, Mu Zhengxing nodded and responded, "I also think that the current position should only be the starting point of this round of 'bull market', and the development of the entire market should have just started...... In the 6 years that our A-share market has sunk at the bottom, the valuation of many stocks has long deviated too much from its fundamentals. ”

Liu Xin saw that the two of them were still full of confidence in the follow-up development of the market, smiled, and said: "Not to mention, if you benchmark the peripheral market, at this stage, the average valuation of our A-share market is indeed very undervalued in the world, and if the liquidity of the market can continue to be above 700 billion, the expectation of valuation repair is indeed quite large." ”

"So, ah......" Fang Xinsheng smiled and said, "In a sense, in the case of more and more abundant market liquidity, almost all stocks in the current market have quite good cost performance, it can be said that the vast majority of stocks, bought at this time, can be regarded as high-quality chips, and holding these stocks, there is a high probability that you will be able to make money from these stocks in the future."

In other words, our A-share market is the big lake.

At present, the water in the lake has not yet risen, and even the places that were previously dry have not been completely soaked by the new flowing water, and the water level of the dry period has been restored. ”

With a simple conversation between the three of them, as well as an analysis of the market conditions of the two markets.

At this time, the market trading time has unconsciously entered 9:20 and entered the real call auction.

I saw that after the initial call auction from 9:15 to 9:20.

When a large number of false pending orders were cancelled at the moment of 9:20, the market situation of the two markets was more obvious than that at 9:15.

However, although in general, there are signs of a retracement.

However, of the more than 2,000 stocks in the two cities, almost 85% of the stocks still maintain the situation of opening high in the red market.

Among them, "Huake Sugon" maintains the trend of a one-word price limit, and on the disk, it is planned to be combined into a single order, and there is no volume, only 378 hands, and the daily limit on the disk is as many as 320,000 hands, look at this situation...... Obviously, there is a high probability that this check will be immeasurable today.

The stock price of 'Straight Flush' fell from the limit at 9:15 to 5.22%, and it was planned to match more than 3,700 orders on the disk, which seemed to be ...... With the passage of time of the call auction, its high opening and increase will also have an obvious risk of falling under pressure.

'Shanghai Sanmao' still maintains a one-word price limit.

However, although its stock price can still maintain the daily limit, but its daily limit sealed order, at this moment, has been greatly reduced to less than 10,000 hands, and its disk on the proposed matching of the delivery order, expanded to around 6,000 hands, according to this disk form, when the call auction ends, the check is likely to be closed to the limit, and its stock price is also likely to fall.

The stock price of 'Blue Stone Heavy Equipment', at this moment, also fell back from the price limit to 4.12%.

There are also popular concept leading stocks such as "China Airlines Heavy Machinery, Lei Man Optoelectronics, Ciwen Media", and the disk gains at this moment have fallen a lot compared with the moment of 9:15.

And like the 'Ride Fly Integration' check.

At this moment, it opened 3.75% higher than at 9:15 and retraced to 1.12% lower.

Generally......

As the core stocks in the field of securities, Internet finance, military industry, film and television media, and sub-new stocks, which are popular sectors of the market, compared with the performance of the market at 9:15, they have fallen greatly, while other main line areas, industry sectors, and concept plates, those stocks that did not open much higher at 9:15.

At this moment, the performance of the decline in the rise is not obvious.

Even, many low-level stocks that were not hyped by the concentrated funds yesterday, and at the same time, after a day of fermentation, were excavated by everyone and can have a little relationship with the core main line of the market.

"As expected, it really fell, and I knew that the market would open too high, and it would definitely not be stable!"

At 9:21, in the main fund trading room of the main fund in the magic capital and Zexi Investment Company, Zhou Kan stared at the rapidly changing disk of the two cities, and said with a smile: "Everything is too much, 'securities', 'Internet finance', 'film and television media', and 'new stocks', these sectors, the short-term increase is not small, and then it is so strong and fierce, and it continues to open high and attack, and the pressure on the disk will only get bigger and bigger." ”

"Today's market situation should not be too problematic." In Zhou Kan's emotion, Xu Shen, who was sitting next to him, said with a smile, "What you should be worried about is next Monday!" ”

(End of chapter)