"The line of 'big finance', it is true that the news has been a little lacking recently." Zhang Jianping responded with a smile, "But to say that the whole main line will retreat a lot of depth, especially as the core stock of the main line of 'Internet finance', and the 'Oriental Wealth' of the gem index will have a deep pullback, I think it ...... I'm afraid it's not realistic. ”

Liu Changsong was slightly stunned and asked, "Why do you say that?" Obviously, the line of 'big finance', the short-term accumulation of profit and unhedging, is indeed a bit too heavy, the news of the good tide of the tide, in the early stage of the good has been fully landed, the depth of the callback, too much profit funds, reduce the position and take profit, should be a high probability, why is it unrealistic? ”

Zhang Jianping responded: "On the line of 'big finance', there are indeed a lot of short-term profit-taking orders and unhedging orders, but in the atmosphere of the bull market, especially under the stimulation of the continuous money-making effect of the market, there are strong capital groups outside the market that have a strong desire to enter the market, but there are far more than short-term profit-making and hedging."

Moreover, in the continuous short-squeezing upward trend in front of the main line of 'big finance'.

Those who hesitate not to chase high, and are eager for this main line of low-level chips, or potential funds, are also very large.

In other words, the potential buying power of the 'big finance' line is still the strongest among the popular main lines in the two cities, even if the concentrated selling pressure of the profit order and the unhedging will have a certain impact on the disk trend, but it is absolutely not capable of smashing the disk to form a continuous deep correction trend.

And ah, these days......

On the main line of 'big finance', the capital groups of all parties who have increased their positions on a large scale.

Although there are many short-term capital groups, most of them are still bought by medium- and long-term funds led by institutions.

For most of these medium- and long-term investment funds, they have obvious holding cost advantages, since they have obtained high-quality low-cost chips.

At the same time, the atmosphere and pattern of the 'bull market' in the entire market continue to deepen.

The expectations of the main line of 'big finance' are also continuing to rise.

Then, for these capital groups, they must be unwilling to easily give up the chips in their hands with cost advantages.

Other words......

Selling pressure on the core main line of 'big finance'.

On the surface, it is indeed not small, but the substantive analysis is actually not as big as we imagined.

Moreover, for the majority of retail investors, the fixed thinking of chasing 'securities' and 'finance' in the bull market is actually more deep-rooted.

As long as the Shanghai Composite Index and even the entire market situation are not extremely bearish.

The expectation of a 'bull market' is not broken.

And the whole main line of 'big finance' has not come out of the continuous money-losing effect, so ...... Their sell-off attitude should not be very positive.

In general, the current line of 'big finance'.

The potential buying power is still significantly greater than the potential selling power.

This leads to the core main line of 'big finance', the smallest market resistance direction, is still upward, and the development of the market, there is a high probability that after quickly clearing a wave of more aggressive selling profits and unhedging chips, choose to continue to break through, until the majority of investor groups, as well as the vast majority of the main funds holding positions, for the future of the main line of 'big finance' is expected to peak, and the entire main line is likely to usher in a relatively large and deeper space for continuous adjustment.

Until then, if the stock price falls, there will be an endless stream of buying orders, which will be enough to hold the market.

So, in my opinion......

The entire main line of 'big finance', not limited to the securities and Internet finance sectors, including the two major weighted industry sectors of banking and insurance, is easier to go up than down, and at most due to the short-term chaos of the chip structure on the disk, there will be a narrow range of sideways adjustment trend.

Of course, if the market is extremely bearish, a 'black swan' event will occur.

That's not within the normal logic of thinking.

As for the specific stock of 'Oriental Wealth'......"

Zhang Jianping said this, laughed lightly, and continued: "Although the check of 'Oriental Wealth', on the surface, looks like the market value is larger, and the circulation is larger, compared with the future development expectations and performance expectations of this stock, these superficial shortcomings are not shortcomings.

'Oriental Wealth' acquired a brokerage company and developed a fund platform sales business.

The growth rate of its revenue scale has changed exponentially compared with before.

There is also this platform, is a pure 'mobile Internet brokerage' company, in the 'mobile Internet' user group explosion, as the only 'mobile Internet brokerage' stock in the two cities, it is scarce, and backed by the 'mobile Internet' user group explosion, the company's platform user group, in the tuyere, should also have a big outbreak potential.

If you think of 'Oriental Fortune' as a new type of online brokerage company.

Then, its market value can be compared with domestic first-class and second-rate brokerage companies, and due to its growth rate, it should also be given a higher market valuation.

This is from the logic of fundamentals.

If from the emotional and technical point of view, the check of 'Oriental Wealth' is already a substantial breakthrough trend on its monthly chart, and the current market investor attention and discussion of this check will obviously gather more active funds to participate in the transaction.

It is supported by the underlying investment logic of the main line of 'big finance'.

There is also the outbreak of the 'mobile Internet' user group, as well as the scarcity and hype of 'the first share of mobile Internet brokerage'.

On the whole, the check of 'Oriental Wealth' has fully formed a breakthrough trend and trend.

Then there is no reason not to rise! ”

"You...... Still so confident. After listening to Zhang Jianping's analysis, Liu Changsong laughed and said, "The line of 'Internet finance', I don't dare to chase it anyway, but I agree with what you said about the potential buying capital groups in the two cities are greater than the potential selling capital groups." ”

With a brief conversation between the two......

At this time, the trading time of the two markets has entered 11 o'clock.

I saw that when the market entered the last half hour of trading session before midday, the performance style of the two markets became clearer and clearer.

The main line of 'big finance'.

Whether it is the securities, Internet finance sector, or the banking and insurance sectors, after the pullback to a certain intraday low, it began to gradually fluctuate sideways and no longer continue to fall.

In the main line of 'big infrastructure', there are many related industry sectors and concept plates.

At this moment, it has even begun to gradually rebound and gradually recover the previous decline.

Moreover, as the two core main lines of 'big finance' and 'big infrastructure' are no longer adjusted downward, the Shanghai Composite Index and the A50 Index will no longer continue to fall.

At the same time, at the time of the sideways adjustment of the two core main lines.

The time-sharing trading volume of the two cities has also gradually decayed, maintaining a trend of time-sharing volume and energy and gradually shrinking.

In the end, when 11:30 came, the two cities ushered in the noon close, only to see the Shanghai Index's decline narrowed to about 1.1%, the Shenzhen Index, the ChiNext Index's intraday decline, has narrowed to less than 1%, even the A50 Index, its decline has narrowed to 1.25%.

In addition to the main line of 'big finance' and 'big infrastructure' will no longer continue to fall.

The 'big consumption' field, which had a strong performance in the morning, also continued to rise during the trading hours near noon, showing a trend of making up for the rise in an all-round way.

Moreover, it is behind the main line of 'big consumption'.

Conceptual threads such as 'mobile Internet', 'smartphone industry chain', and 'technological growth' have also stepped out of the disk pattern that is significantly stronger than the performance of the broader market.

Faced with such a midday closing situation......

Inside and outside the market, the vast number of investor groups, although somewhat disappointed, have not reduced the heat of discussion about the market and the expectations of the market outlook.

"The decline of the Shanghai Composite Index in the near midday period, although it has narrowed significantly, but the overall pressure on the disk is still very obvious, it is estimated that today...... It is impossible for the Shanghai Composite Index to turn red again, and it is unlikely to break through at 3500 points for the time being, hey...... Sure enough, after the index was seven consecutive yangs, the adjustment finally came. ”

In the group of retail investors gathered in the stock discussion area of the trading platform, related stock topics can be said to be refreshing rapidly.

"But this adjustment intensity, compared to last Monday, is it gentle?"

"It's not closed yet, so I can't say for sure."

"There is no need to wait for the afternoon closing, when the morning is close to closing, the time-sharing energy has begun to gradually decay, which shows that the two relatively high core main areas of 'big finance' and 'big infrastructure', a number of popular stocks, industry leading stocks concentrated profit orders and unhedging chips, eager to come out of the market, have been sold almost."

"In the past few days, the market adjustment of the main line of 'big finance' has basically been completed within a few days, I don't know if it will be today?"

"It should be difficult, today's disk, active capital groups, is obviously to the 'big consumption', 'mobile Internet', 'smart phone industry chain', 'science and technology growth' these low-level main line areas converged, should not flow back, continue to pull up the 'big finance', 'big infrastructure' field of disk."

"Today, in the main line of 'big finance', the net inflow of main funds has reached nearly 3 billion in half a day, which is still fierce!"

"It seems to be a bit exaggerated, but compared with the previous 7 trading days, the entire 'banking, insurance, securities' three major weighted sectors, the total net inflow of main funds, amounting to more than 30 billion, today's net outflow, is nothing, in general, a lot of the main funds pouring into the main line of 'big finance', or precipitated."

"According to the previous historical trend of 'big finance', today should be a good opportunity to increase the position of 'securities, Internet finance' and related popular stocks!"

"'Straight Flush' is quite fierce today, can you increase your position?"

"I think it's okay, this kind of leading stock, when it adjusts, it is fierce, and when it rises, it is also fierce!"

"The position is still a bit too high, and I'm afraid that this check will continue to be adjusted."

"Then buy 'CEFC Securities', I think the previous rise of 'CEFC Securities' is basically completely synchronized with the securities sector index, even if it is adjusted, the amplitude should not be too deep, right?"

"Today's half-day turnover of 'CEFC Securities' has shrunk a little."

"Adjusting the shrinkage, rising and increasing the volume is the perfect trend, I think this trend is ...... No problem at all! ”

"After careful analysis, I think that the adjustment of the two major sectors of 'securities and Internet finance' will definitely not be very deep, and it will soon hit a new high."

"How so?"

"What are the factors of market turnover and the continuous surge in the balance of the two financial institutions, the two major sectors of 'securities and Internet finance'? It's a bull market! As long as the pattern and trend of the bull market continue to strengthen, there are still expectations for these two major sectors, and since there are still expectations, the stock price will not rise. ”

"Another point, it is obvious that the 'securities' sector is the most important force supporting the comprehensive breakthrough of the Shanghai Index at this stage."

"Anyway, I don't believe that 3,500 points can block the Shanghai Index."

"If the adjustment of the main line of 'big finance' and 'big infrastructure' is not sustainable, does it also show that the core main line of 'big consumption' that is changing today does not have a sustainable market?"

"It's hard to say, according to the logic of macroeconomic recovery, there are still strong expectations for the main line of 'big consumption'."

"But the intensity of the outbreak is definitely not as good as the main line of 'big finance' and 'big infrastructure'."

"Anyway, I think it's ...... time If you hold securities and Internet finance stocks, there is no need to reduce your position to chase the main lines of today's changes such as 'big consumption, mobile Internet, smart phone industry chain, and technology growth', just wait for the market to adjust normally. ”

"Yesterday, 'Zhang Mengzhu' only increased the check of 'Oriental Wealth', and I believe that the main line of today's 'big finance' is washing."

"Look at the market trend in the afternoon, how it changes, I also believe that this is the washing."

In the ongoing discussion and analysis of many retail investor groups......

Time passes quickly.

Throughout the lunch break, there was no clear positive or negative news released.

With the news vacuum period, the continuous fermentation and deductive changes of the long and short sentiments of the two cities, when 1 o'clock in the afternoon came, the two cities once again entered the continuous auction trading session.

I only see the Shanghai Index, the Shenzhen Index, the ChiNext Index, and the related hot main lines and popular stocks in the two cities.

Under the sell-off of some funds that disappointed expectations for the midday news, another wave of rapid diving began.

However, the strength of this round of sell-off is obviously weaker than that of the early stage, and the landing point of several major index dives has not been able to cross the intraday low point in the early stage.

And when several major indexes, as well as the related hot main lines and popular stocks in the two cities, once again hit the intraday low.

Extremely strong buying funds have also emerged again.

After that, the overall market of the two cities once again showed a trend pattern of shocks rebounding and gradually retracting the decline.

After 2 o'clock in the afternoon, when the two cities entered the tail stage, the main lines of 'big finance' and 'big infrastructure', which were weak throughout the day, showed a certain degree of upward trend.

Eventually, when 3 o'clock in the afternoon came.

Shanghai was at a 0.97% decline, narrowly holding the 1% decline mark and standing back at 3,460 points.

The Shenzhen Index and ChiNext Index fell 0.92% and 0.82% respectively, slightly stronger than the Shanghai Composite Index.

As for the small and medium-sized board index and the A50 index, one of the two fell slightly by 0.53%, and the other fell by 1.23%, showing a clear divergence pattern.

And this also shows that the overall performance of today's market.

Heavy-cap stocks, especially heavy-cap stocks and industry leading stocks in the main areas of 'big finance' and 'big infrastructure', are obviously weaker than the small and medium-cap stocks with the small and medium-sized board and gem index constituent stocks as the core, which also shows the signs of market conditions and switching to small- and medium-cap stocks.

Of course, no one knows whether this kind of market style switch will be sustainable. (End of chapter)