At the same time, the turnover of the two cities also reached the threshold of 430 billion yuan in half a day, a significant increase from yesterday.

There is also the concept of the two cities of individual stocks speculation, short-term speculation continues to heat up, in addition to the word board limit stocks, the number of stocks that change hands naturally is as high as 53.

"Sure enough, it's back to the original rhythm of the market!"

After the closing of the two cities, seeing that several major indices closed up across the board, and the core main lines of "big finance", "big infrastructure" and "military industry" also led the market again. The core main line of big finance can work, and only in this way can the Shanghai Composite Index continue to break through! ”

"The main lines of 'big finance', 'big infrastructure' and 'military industry', supported by strong future expectations and strong potential buying, as long as the short-term profit and hedging selling pressure in the main line area are reduced, the market is bound to continue to go up." Hearing Chen Shen's emotion, Wang Jinglun, the head of the fund trading team standing behind Chen Shen, answered, "And the market's reaction to today's market trend also shows that our previous judgment on the market's market trend and trading strategy changes are correct." ”

Chen Shen bowed slightly, the smile on his face became thicker and thicker, and he responded: "Indeed, fortunately, in this short adjustment time window, we continue to increase the position weight of some core main lines such as 'big finance', 'big infrastructure', and 'military industry', and reduce the position weight in the direction of 'big consumption', 'mobile Internet', and 'smart phone industry chain', otherwise...... It will not be easy to adjust positions in the future. ”

"The line of 'big finance', after this short adjustment, should continue to rise until next month, right?" Gao Yixiang, another trading team leader, also said at this time, "After all, there are more and more rumors that the central bank will cut interest rates and reserve requirements next month." ”

"No one can accurately predict how long it can rise and how high it can rise." Chen Shen took over and said, "But since the market has returned to the previous market trajectory, and has formed a market pattern of 'big finance', 'big infrastructure', and 'military industry', which are all the core main lines leading the rise, then what we should do at this time is to follow the market trend and follow the trend."

Wait until the trend is in a situation where there is another recession.

At the same time, the major core main areas, a number of related industry sectors, concept plates, as well as many popular weighted stocks, as well as many constituent stocks held by our fund, have shown signs of continuous negative and clear selling points, and it is not too late to continue to change the trading strategy. ”

"Hmm!" Wang Jinglun heard Chen Shen's words, nodded, paused, and said, "However, Mr. Chen, I think we can continue to appropriately adjust the proportion structure of our individual stocks when the market trend is clear, and further remove the weak and retain the strong."

That is, under the premise that the core main line of the overall investment and the core weight sector have not changed much.

Slightly adjust the weight of individual stock holdings, so as to further capture excess profits in the market.

After all, this is about to end the year, the industry's fund performance ranking competition is very fierce, the main fund products managed by our department, although it is currently recovering the decline in the first half of the year, but in terms of current performance, in the entire industry of more than 10 billion fund products, it is still not very prominent, and from the performance ranking target we set at the beginning of the year, the gap is still a little far. ”

"Inside the main story, go to the weak and stay strong?" Chen Shen pondered Wang Jinglun's words, his eyes flickered, and he continued to ask, "How do you think it is appropriate?" ”

Wang Jinglun responded: "Naturally, it is further concentrated positions, at present, the market is the strongest 'big finance', 'big infrastructure', 'military industry' among the three main areas, the main capital groups in the field follow the trend, undertake the most, the strongest disk trend of the core sector, mainly 'securities', 'Internet finance', 'machinery and equipment', 'high-speed rail', 'domestic large aircraft', 'nuclear power' these sectors.

At present, a significant part of our fund product holdings are concentrated in the relatively conservative fields of banking, insurance, building decoration and building materials.

These major sectors, although the trend is closely followed, are closely following the changes of several core main lines.

It can also outperform the broader market index in this stage.

However, in terms of trend elasticity, it is still far less than the sector I just mentioned.

Therefore, if we want to obtain more market excess profits, we must further concentrate the direction of our positions in these strong sectors.

Of course, it is not enough to concentrate only on strong sectors, but also on strong stocks in these strong sectors.

Judging from the current market trend reaction......

The core leading stocks in these sectors, that is, the stocks with the most rapid undertaking and the most fierce stock price performance by the long capital group, are mainly 'Western Securities, CEFC Securities, Huagong International, Huaguo CSR, Huaguo North Locomotive, Flush, Oriental Wealth, Great Wisdom, Hengsheng Electronics, China Airlines Heavy Machinery, China Airlines Shenfei, Aviation Power ......'.

I think our fund should put individual stocks in relatively weak sectors.

That is, the individual stock chips in the fields of banking, insurance, building decoration, building materials and other sectors will be quickly replaced with these core leading stock chips I just mentioned, and further seize the opportunity for the market to continue to break through and explode. ”

Chen Shen pondered for a moment, and did not answer directly, but turned his head to look at Gao Yixiang on the other side of his side, and asked, "Yixiang, what do you think?" ”

Gao Yixiang pondered for a while, and responded: "I think what Jinglun said is not unreasonable, since the investment logic route of the market's 'high and low switching' does not work, at the same time, many capital groups have begun to return to the core main lines of 'big finance', 'big infrastructure' and 'military industry' on a large scale.

We rebalance our positions according to the main logic of 'the stronger the stronger', and there is no problem.

I think that since we have chosen to adjust the position to the logical line of 'the stronger the stronger', we might as well do it more thoroughly and more concentrated, so as to maximize the maximum excess profit in the market under the trend of continuous upward breakthrough. ”

"Want to be more focused?" When Chen Shen heard his words, the expression between his eyebrows was slightly surprised, "Will this increase the risk of our fund's position, after all, the more concentrated the position, the higher the risk of future position investment that may be faced, because if you hold a stock in a heavy position, then if the stock has a problem with the follow-up expectations and the stock price collapses in a straight line, the lethality of the fund's net value is still very large." ”

Gao Yixiang saw that Chen Shen was worried about the problem of 'concentrated position risk', so he couldn't help but pause, and continued very firmly: "I don't think there will be any concentrated position risk, after all, the potential buying orders in the market are still increasing sharply, and the liquidity of the market is also continuing to skyrocket.

Under this extremely abundant market liquidity.

The valuation of all securities will be raised, and at the same time, the support strength of their buying orders will become stronger and stronger.

Even if we adjust our positions, we will not adjust our positions into those 'three no stocks', so ...... The overall risk of concentrated positions is still relatively controllable. ”

Chen Shen saw that Wang Jinglun and Gao Yixiang both put forward the idea of further changing their trading strategies and concentrating on their positions.

I couldn't help but ponder carefully in my heart for a while, before I nodded and said, "Since both of you think so, then let's do it like this!" ”

"How to divide the weight of specific industry sector positions?"

Hearing that Chen Shen was finally thinking about it, he agreed to further adjust his position, Wang Jinglun couldn't help but ask again.

Chen Shen thought about it and said: "The first weight must be the two sectors of securities and Internet finance, these two sectors, the total position weight, reaching 40% of the position weight, should be reasonable, and then the whole 'big infrastructure' main line direction, but also 'the new era on the road, the Maritime Silk Road' under the macroeconomic strategic development policy, the much-watched 'high-speed rail', 'commercial real estate development', 'non-public transportation' several plates, the position weight should also reach 40%, and then the remaining positions will be handed over' National defense and military industry's plate.

As for the specific rebalancing stock selection......

At present, the securities sector is still based on the five major brokerage weighted leading stocks of 'Western Securities, Huatou Capital, Pacific Securities, CEFC Securities, and Huatong Securities', while the Internet finance sector is mainly targeted by the three musketeers of 'Great Wisdom, Flush, and Oriental Wealth'.

The main line direction of "big infrastructure", "Huagong International, Huaguo South Car, Huaguo North Car, Huaguo Railway Construction, Huaguo Communications Construction" these checks are still good, and on the disk, the liquidity is also very sufficient, which should be our primary rebalancing target stocks in this main line direction.

In the main direction of the 'military industry', there are not many choices.

It is mainly based on the core leading stocks in the two conceptual fields of 'domestic large aircraft' and 'nuclear power', such as 'China Airlines Heavy Machinery, China Airlines Shenfei, China Airlines West Flight, Aviation Power, and Northern Navigation'. ”

Chen Shen finished his opinion, then looked at Wang Jinglun and Gao Yixiang again, and then continued with a smile: "What do you think? ”

Gao Yixiang and Wang Jinglun pondered for a moment, and both nodded their heads, indicating that they agreed.

In fact, when the two of them proposed a change in their trading strategy, they had the target stocks in mind, as well as the direction of the main line and the direction of the weighted sectors.

It's basically the same as Chen Shen's thoughts, no different.

"Since neither of you have any other better ideas...... Chen Shen paused, and then smiled, "Then after the market reopens in the afternoon, let's follow this trading strategy we discussed!" ”

After saying that, he looked at the time, then turned around and walked out of the trading room, and hurriedly walked towards the company cafeteria.

At the moment when the three of them discussed the corresponding strategy for the market at the close of noon, and changed the trading strategy and trading policy in a timely manner.

Almost at the same time, Yu Hang, an Zhao Fund company inside.

After eating, Qin Qiuyue, the general manager and asset management business manager of the company's main fund trading room, stared at the trading disk of the two cities, and after carefully examining the changes of the main lines of the market today, as well as the market trend of many core popular stocks, he couldn't help but ponder for a moment, turned his head to the main fund manager on the side, and Zhou Hui, the manager of the company's trading team, and said: "Zhou Hui, looking at the trend of today's market, it is obvious that the main line market is completely turning back to 'big finance' and 'big infrastructure' , the core main line of 'military industry'. ”

"Hmm!" Zhou Hui nodded, "Does Manager Qin have any ideas?" ”

Qin Qiuyue didn't answer directly, but paused, and asked rhetorically: "Do you say that in the follow-up market trend, will the 'securities' sector and the 'Internet finance' sector continue to take the lead?" ”

"Probably yes!" Zhou Hui said, "Judging from the main line expectations of the market, at this point in time, the 'securities' sector and the 'Internet finance' sector are still the core sectors with the strongest expectations in the entire market, and doesn't it mean that the central bank will cut interest rates and reserve requirements next month?"

Regardless of this news rumor, whether it is true or not.

At least, the news in this regard is expected to directly affect the trend in the direction of the main line of 'big finance', and it will further stimulate the continuous upward trend of this main line market.

And within the whole main line of 'big finance'.

Obviously, due to the large volume and market value of the two major weighted sectors of banking and insurance, their flexibility is far inferior to that of the 'securities' and 'Internet finance' sectors.

There are also two major sectors: 'securities' and 'Internet finance'.

The correlation with the 'bull market' of the entire market should be the strongest, and the correlation with the trend of the entire market is the strongest.

That is, the stronger the 'bull' expectation of the whole market.

The larger the turnover of the two cities, the more ferocious the balance of the two financial institutions progresses, the higher the market investment sentiment and investment confidence, and the more fierce the speculation......

Then, the market trend of these two major sectors will be more and more popular.

In fact, this is also the fundamental reason why the market trend of the entire 'securities' sector and the 'Internet finance' sector in the past month has been much stronger than the market trend and much stronger than the trend of other industry sectors and concept plates. ”

"Well, you have a point." Qin Qiuyue nodded and continued, "I think that's the case too, so what do you think...... At this time, how about continuing to adjust the position structure and replacing some of the chips and individual stock positions in the two major weighted sectors of banking and insurance with the corresponding weighted stocks and popular stocks in the securities and Internet finance sectors? (End of chapter)