Chapter 716: Change of style during the session!(1/2)
"No matter which stock of capital is the main force, it is normal to sell at this time and cash in the good news." Following Zhao Lijun's words, Zhu Tianyang stared at the market and responded, "Even if it is a bull market, the market cannot be without some differences. I
I feel that...the market is completely able to bear such selling."
"It's hard to say that today's volume can be larger than usual." Zhao Lijun took over and said, "And the 'Securities' sector is the market engine of the entire market. 'Huaxin Securities', the core leading stock in the sector, is responsible for the market performance."
If there is pressure, there will be a plunge. With the popularity and attention this stock has gathered, there will definitely be a chain reaction in the market.
In addition, the two major sectors of securities and Internet finance have indeed been positive for many consecutive days.
If there are major funds taking advantage of this time to cash in on the good news and carry out large-scale selling and lightening of positions...then other corresponding core stocks in the market will definitely follow suit. This will inevitably further induce a large number of profit-making capital groups in the market to quickly stop operations.
surplus.
This resulted in greater concentrated selling pressure on the market.
Of course, regardless of the intraday trend, in terms of mid- to long-term trends...
This concentrated selling volume and the flight of profit-making orders will not affect the 'bull market' logic of the entire market, but will only affect the short-term trend of the market."
"Actually... after the market officially opened, the attack at the beginning of the session was still too hasty." Liu Yuan, who had carefully observed the market for a while, then answered, "The follow-up of incremental funds requires time to react, and at the same time, the market
Bullish sentiment also takes time to react.
From the moment the market opened, a large number of major capital groups poured in because of the "Shanghai-Hong Kong Stock Connect" channel.
Eagerly and swiftly attack the corresponding core main lines and popular main lines.
Significantly boosted a number of popular stocks, including blue-chip stocks.
Although it temporarily opened up the market's upward space, it regrouped the bullish sentiment that was obviously somewhat scattered during the market call auction stage.
However, this kind of urgent pull of concentrated funds.
Moreover, what is pulling are the popular mainline sectors that have already risen a lot and have accumulated a lot of short-term profit taking.
Then, after the most aggressive part of the incremental long funds is quickly consumed.
Faced with the concentrated taking of profits, it is naturally difficult to bear it for a while.
This is also the reason why the current market suddenly hit a new intraday high and refreshed the high point of this round of rebound. The market holding power of the weighted core stocks suddenly stopped and the stock price retreated rapidly.
If it is early in the session, these aggressive long funds should not attack so fiercely.
A mild upward attack, and maintaining the market changing hands, waiting for the market conditions and trend patterns to improve step by step, and allowing the bullish sentiment to further ferment over time.
Then, the current market trend should not occur.
Of course, there was no new positive stimulus over the weekend, and the trend of the external market has once again cast a shadow, which has brought a hint of upside concern to the bullish power of the market. This is also a factor.
But...
In any case, even though today's market conditions are not as good as expected.
As long as the market's volume continues to expand, and the market's liquidity and changing hands continue to increase, then the current hot bull market pattern should not stop."
"Agree!" Zhang Guobing laughed when he heard this, and responded, "It is normal for the short-term good news to come, the market to retreat, and profit-making funds to be taken away. As long as the current market maintains the basic logic of the bull market and the overall future
The expectations are still there, so as a heavy position player, we can continue to hold positions stably and wait for market fluctuations to adjust.
However, as market divergence increases, volatility will inevitably increase.
At this time, it is not easy to do intraday trading. You have to keep an eye on the market and pay attention to stop loss and take profit."
"As long as the overall mid- to long-term trend and market conditions of the market can be maintained, then there won't be a big problem." Wang Can chuckled and said, "As for intraday short-term trading, Mr. Su originally asked everyone to develop market sense and train intraday trading.
There is no profit requirement for trading technology. Since it is difficult to judge the buying and selling points within the day and make orders, let’s not do it yet.”
After speaking, Wang Can looked back at the trading group he was responsible for.
I briefly explained to everyone that at this time, please watch more and move less, do not rush into positions, and do not rush to reduce positions in large quantities.
There was a brief discussion among everyone in the trading room.
At this time, the market trading time has already reached after 10 o'clock.
And with the heavyweight core stock "Huaxin Securities" in the securities sector, the leading heavyweight stock that ranks first in daily trading volume in the two cities, the market has fluctuated downwards, and selling has become increasingly heavy.
Other core-weighted stocks in the two cities also followed suit and fell one after another.
Whether it is the securities sector, the Internet finance sector, or the banking and insurance sectors, the entire "big finance" main line has generally retraced its 1 point increase.
As for the popular main lines such as ‘military industry’, ‘infrastructure’, and ‘technological growth’ driven by ‘big finance’.
Then the magnitude of the retracement will be relatively larger.
At 10:13, the "Flush" that had originally closed its daily limit also suddenly exploded. On its daily limit board, 210,000 lots of closed orders at the previous moment were swallowed up almost instantly.
At 10:14, after Flush broke the market, the stock price quickly fell back to around 7%.
And as the stock price of Flush fell rapidly.
A number of stocks such as Hengsheng Electronics, Oriental Fortune, Jinzheng Shares, Yinjie Technology, and Changliang Technology, which were closely related to this check, also followed the trend and fell back, and there were more and more active selling on the market.
At 10:15, the stock price of 'Huaxin Securities' fell back to an intraday increase of 1.75%, and within 45 minutes of trading after the market opened, its intraday turnover had enlarged to around 4.8 billion. Compared with last week's trading day
, during the same time period, the volume was roughly close to 1 billion.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! At 10:16, the stock price of "Tonghuashun" fell further. In the entire "Internet Finance" sector, only "Great Wisdom" still maintained the daily limit.
At 10:17, the securities sector index and the Internet financial sector index both returned to below the 2% increase in the day. At the same time, the net buying volume of the main funds on the stock 'Founder Securities' began to gradually turn negative.
The weak state is revealed again.
At 10:18, the two main lines of ‘military industry’ and ‘infrastructure’ also fell further.
At 10:19, the check "Chengfeiji", which originally rose sharply during the session, plunged sharply again until it fell underwater.
At 10:20, "Shanghai Sanmao" broke the board and failed to continue the trend of connecting boards, stopping at the fourth consecutive board.
At 10:21, after a rapid rise, the "Shanghai Steel Union" fell sharply, causing investors who had just followed up a moment ago to quickly ride a roller coaster.
At 10:22, the Shanghai Stock Index fell back to 0.75%.
At 10:23, the A50 index fell back to an increase of about 1.5% after rising strongly and once rising by nearly 2.5%.
At 10:24, ‘LeTV’ fell rapidly, and its gains narrowed rapidly.
At 10:25, the gains of the Shenzhen Stock Exchange Index and the ChiNext Index fell back to within 0.5%.
At 10:26, in the first fifteen minutes of early trading, more than five of the popular concept stocks that had closed the market had already exploded.
At 10:27, the number of red stocks in the two cities fell back to around 1,250.
At 10:28, the small-cap stock "Shanghai Sanmao" quickly fell to about 5% after the market crash. At this time, the number of hands changed during the day had exceeded 30%.
At 10:29, the stock price of "Tonghuashun" fell further, and the daily limit of "Great Wisdom" began to show heavy volume, showing signs of opening.
At 10:30, the gains in the securities sector fell back to around 1.35% again.
At 10:31, the securities sector and the Internet finance sector fell out of the leading positions in the two cities and were replaced by the 'sub-new stocks' sector and the 'petrochemical' sector.
"Damn it, today's 'big finance' is trying to trick people!"
At 10:32, among the large group of retail investors gathered in the discussion area of the trading platform, many complained after seeing the market trend.
"Where's your sister's promise of 'the strong always become strong'?"
"Hey, it looks like the good news has turned into bad news. It's really depressing."
"Isn't it right? I even chased Hua Investment Capital in the securities sector at the opening of the market. Isn't this... another scam?"
“Looking at this trend, it’s obvious that the diving can’t be stopped!”
"Is it 'Black Monday' again? Hey... I'm just saying that the early trading period on Monday is not suitable for opening positions. As expected... it's a huge trap!"
"This trend is simply shocking!"
"It won't continue to fall back to the opening position, right? What about the promised 'bull market'?"
"You're not going to copy last Monday's market trend, are you? Hey... without a cost advantage, holding high-priced and popular stocks is really scary."
"The leader of 'Flush' is about to collapse!"
“Did Flush, the leading stock, reach its peak here?”
"I can't say for sure the long-term top, but it should be the short-term top, right? After all, this check has almost tripled in the past half month."
"Isn't it said that the 'Internet Finance' sector is the pioneer and leading sector of this bull market? The core leading stocks of the leading sector are only three times the market height? This is too outrageous. What kind of 'big bull market' is this?"
"Hey... I don't know where such a large amount of selling comes from."
"Everything you sell at this moment is all profit taking!"
"No way? After the opening of the Shanghai-Hong Kong Stock Connect, the funds from the 'Southern System' will come in to take over?"
"Damn it, the turnover of 'Huaxin Securities' today is unbelievable. It's not even 11 o'clock yet, and the turnover is already around 5.5 billion. It looks like... today's turnover of this check closed in the afternoon.
When the time comes, I’m afraid I’ll have to go straight to 12 billion, right?”
"This amount of energy...is really an exaggeration."
"Look at the one-hour time-sharing trend of the Shanghai Stock Exchange Index, does it look like fishing line?"
"Don't tell me, they really look alike."
To be continued...