Rebirth of the Capital Legend

"It's strange. Why do I feel that there is no concerted effort in the direction of the 'big infrastructure' main line?" After noticing the change in market sentiment, Li Jinshi was quite surprised to see that the main hot money group of the 'Fushan system', which was waiting for the market trend and once again concentrated on the 'big infrastructure' main line, was short. "After the funds from the market's 'oversold rebound' main line poured into the hot concept stocks related to the 'big infrastructure' main line, the active buying is still insufficient. Moreover, in the entire 'big infrastructure' main line field, the selling pressure on a number of hot concept stocks is still very large, and the long-short divergence still exists."

After hearing what Li Jinshi said, Chen Guiyun responded, "This is not surprising. The main line of 'big infrastructure' has far less time and space to adjust. The internal chip structure is still relatively chaotic at this time. The funds that chased highs in the past two days are eager to stop losses and exit, while the funds that want to build positions generally feel that the adjustment has not ended. In addition, this position lacks cost-effectiveness. Therefore, after a lot of buying funds turned back, the market's long-term combined performance was not strong."

"It is estimated that the 'big infrastructure' line can only have a weak rebound in the market for a while." Liao Guoxiang said, "Continue to wait patiently. The market currently has no clear breakthrough direction. It is easy to get slapped back and forth if you act rashly. It may be better to short at the right time."

In his view, the current market trend is in a completely chaotic state.

The main line of "big infrastructure" has an emotional basis for going long, with solid underlying logic and strong expectations for the future, as well as positive stimulus from news, but the chip structure is not good, the locked-in positions and short-term stop-loss positions have not been cleared, and the selling pressure on the market is very heavy. Under limited market liquidity, it is difficult to form a consistent long force.

As for the 'oversold rebound' line, the film and television media, Internet software, new energy industry chain, electronic information... these oversold main lines have a good chip structure and the selling pressure on the market is not very heavy, but they lack the core underlying logical support, and there is no positive stimulus from the news.

Under such circumstances, without favorable stimuli, it is difficult to form a concerted long-term force among various funds in the market.

Therefore, this has resulted in the diversion of various funds in the market to various main lines, and has also caused a situation where various hot money, institutions, and retail investors in the market are fighting on their own.

After the market's main trend of 'oversold rebound' encountered resistance.

In particular, some funds that flowed into the main line of "big infrastructure" also encountered selling resistance when going long.

At this time, according to his observation, some people are eager to do backdoor listing restructuring, some are rushing into defensive sectors such as liquor, white appliances, consumption, and medicine for defense, and some are gathering around strong core leaders.

Anyway, there is no concentrated market breakthrough with a clear direction.

Whether it is the technology main line that has completed the expected oversold rebound, or the consumption and medical main line that institutions are holding, or the "big infrastructure" main line that is being adjusted.

It is not suitable to buy chips and speculate on the market at this time.

"Indeed." Chen Guiyun responded, "After the market's 'oversold rebound' line's bullish sentiment began to collapse, the performance of the entire market has become significantly more chaotic than before."

"The two sub-sectors, 'Consumer Electronics' and 'Security Lens', seem to have not been affected at all, and seem to be strengthening independently." Li Jinshi continued to observe the trends of the two markets, scanning the consumer electronics and security lens sectors, and continued, "Lixun Precision, Anjie Technology, Changying Precision, O-Film Technology, Goertek, Lens Technology, Dahua Technology, Hikvision... These stocks, in the case of oversold rebound and large-scale infrastructure, the two main lines, in this late trading stage, the active buying volume is still increasing, and the active buying power is stronger than before, which is really a bit surprising."

Following his sigh, Liao Guoxiang and Chen Guiyun's attention immediately turned to the two market sub-sectors of consumer electronics and security lenses.

"Eh... it seems to be true." Chen Guiyun exclaimed in surprise, "It really seems to be going strong independently. What's the logic behind these two lines?"

Liao Guoxiang pondered for a while and responded: "The consumer electronics sector has been strong independently, and the stocks with abundant active buying are basically the stocks of the 'Apple industry chain'. In terms of recent market news, regarding the stocks of the Apple industry chain, I guess... the transactions should be about the upcoming Apple new product launch in September and the sales expectations of Apple's new products in the second half of the year. In fact, there may really be some expectation gaps here.

Also, these stocks are all good, both in terms of previous performance and future expectations.

As for the 'security lens' branch section...

It is estimated that the transaction is about the reversal of industry demand and the repair of valuations. The trends of Dahua Technology and Hikvision in the past month have been somewhat independent of the broader market, and the funds involved in the speculation of these two stocks seem to be neither impatient nor anxious and have lofty ambitions.

It seems that the nature of its funds should be the main force of a large institution in the industry.

However, whether it is consumer electronics or security lenses, the core stocks of these two sub-sectors have generally been dominated by institutions.

Even the core stocks in these two sectors are showing signs of independent strength at this time.

It is not easy for us to intervene.

After all, in a situation where institutions dominate the market, it is difficult for us to gain their recognition if we intervene, and institutions are unable and unwilling to support us.

Furthermore, the overall market sentiment is not good at the moment. The two major sectors dominated by institutions can continue to move up at this position, but it is also possible to continue to smash the market and clear floating chips. Therefore, even though the current performance of these two branch sectors is still good.

But for us, there is no suitable buying point either.”

"Brother Liao is right. There is indeed no buying point." Chen Guiyun responded, "But the continued strength of these two sub-sectors is good for observing the next market trend and the overall sentiment."

"I don't think so." Li Jinshi said, "The two branch sectors of consumer electronics and security lenses led by institutions have come out at this time to gather the buying funds that are running around like headless flies in the market. Judging from the motivation of the institutions, these institutions... should still be thinking about hitting the emotions of these two branch sectors and guiding the long funds in the market to gather and speculate on these two sectors, right? In other words, the institutions are guiding these two branch sectors as the main rotation sectors during this period of market chaos.

If this is the motivation, then I think that in the situation where the oversold main sectors of the market, such as film and television media, Internet software, electronic information, and new energy industry chain, as well as traditional sectors such as real estate development, building decoration, building materials, nonferrous metals, steel, coal, and even liquor, white goods, consumption, and pharmaceutical sectors, are unable to gather funds to go long, this sector is actually still good as a temporary market rotation and a carrier of long sentiment in the market, and we can also see a certain amount of room for bargaining.

Moreover, I think these two branch sectors are also needed to carry the market's bullish sentiment and concentrate funds to go long in these two branch sectors to maintain the corresponding money-making effect.

Because only when the main line sectors in the market form a market rotation can the funds in the market be retained, and the incremental liquidity brought by the continuous surge in the main line of "big infrastructure" can be stabilized.

Otherwise, there will be no main sector to carry out market rotation, and no branch sector to form a bullish force.

Then, let the scene cool down and the volume decrease.

The liquidity of funds in the market will gradually decrease, and the confidence of investors in the market to go long, and even their confidence in the subsequent market trends of the entire market, will continue to decline.

So, if we think about it from this logical perspective...

I feel that since the two sub-sectors of consumer electronics and security lenses can independently strengthen and form a financial synergy, they can still be done.

Moreover, with the leadership of institutions and the participation of many follow-up funds in the market, there is still room for growth.

What's more, Brother Liao also analyzed it just now.

These two sub-sectors are all doing well in terms of underlying logic, historical performance, future performance expectations, and even changes in industry fundamentals. They are all able to attract long-term, short-term, and ultra-short-term funds to continue to gamble in them.

Another thing is that the overall size of these two sectors is not very large.

This means that the buying funds supporting the outbreak of these two branch sectors do not need to support the oversold main sectors such as Internet software, new energy industry chain, film and television media, and electronic information. In addition, the "big infrastructure" main line is so huge that it is easy to create the market and thus gather the local money-making effect of the market.

Read more latest popular novels at 6.9*shuba!

As for the fact that institutions are leading the market, they are unwilling to support the hot money entering the market...

I think we can just avoid the core stocks dominated by institutions.

There are suitable concept stocks in the two branch sectors of consumer electronics and security lenses, and there are institutions guiding the core stocks to rise and maintain the bullish sentiment. If we hype the concept stocks in these two branch sectors, it will be easy to pull up the market and attract follow-up funds. "

"Brother Liao, it seems that what Brother Li said makes sense." Chen Guiyun thought carefully about Li Jinshi's point of view and responded, "Based on Brother Li's point of view, the two branch sectors of consumer electronics and security lenses can indeed be done. Moreover, many concept stocks in these two sectors can also overlap with the main concept of 'oversold rebound', and there are also many stocks with good chip structures. There are institutions guiding core stocks to maintain long sentiment. I think it is obviously possible to do ultra-short-term arbitrage."

"Let's wait and see." Liao Guoxiang said, "Let's see the specific buying status of the two branch sectors of consumer electronics and security lenses in the late trading stage. If we can maintain the current trend and continue to strengthen, we can take the initiative in the late trading, and then wait for the post-market sentiment to ferment, and then push the market up tomorrow and sell it to the funds chasing the market, making a super short-term arbitrage."

After saying this, he turned his attention again to the two sub-sectors of consumer electronics and security lenses.

As the market trading time continues...

After 2:30, these two sectors, with more and more follow-up long funds pouring in and under the deliberate guidance of the main institutions gathered here, became stronger and stronger, gradually forming industry sectors and concept sectors that attracted more and more attention from investors in the two cities.

And after 2:40, stocks such as Lixun Precision, Anjie Technology, Changying Precision, O-Film Technology, Goertek, Lens Technology, Dahua Technology, and Hikvision showed a clear trend of increasing volume and rising prices, which shows that a lot of funds increased their positions and went long on these stocks in the late trading.

"It seems that we can take the initiative." Seeing that the two branch sectors of consumer electronics and security lenses have gathered a certain degree of capital to go long, and the market attention is getting higher and higher, it seems that they are about to form the core leading sector of the market. Liao Guoxiang said, "Lao Li, your intraday analysis is good. Looking at the trend, these two major sectors are likely to have a wave of market, and gather funds withdrawn from the market oversold rebound and the 'big infrastructure' main line, and form an independent long sector in the divergence of the two main lines."

As he spoke, he began to build positions in related stocks in the two major sectors where institutional holdings were sparse.

As he spoke, Chen Guiyun and Li Jinshi also started to build long positions at the same time.

Along with the long positions built by several major speculators of the "Fushan Group", there were also a large number of keen followers who had already sensed the increasingly strong trends of these two sectors.

In the last fifteen minutes of the closing period, the two major sectors of consumer electronics and security lenses continued to rise.

Lixun Precision, Anjie Technology, Changying Precision, O-Film Technology, Goertek, Lens Technology, Dahua Technology, Hikvision... These stocks, under the guidance of institutional main funds, have seen an endless stream of active buying and their share prices have continued to rise.

Finally, when 3 o'clock in the afternoon arrived, the two markets closed.

These two major sectors have become the leading sectors in the two cities, successfully replacing the oversold main sectors in the market such as Internet software, film and television media, and new energy industry chain that once triggered a surge in daily limit stocks during the trading session.

"Today's market trend is too dramatic." Seeing the final closing results of the two markets, in the trading room of 'Jufeng Future Growth Fund Products' inside Jufeng Asset Management Company in Shanghai, fund manager Lu Xiangxiang was stunned for a while before she reacted and chuckled, "In the morning, I thought the market trend had shifted from large-cap blue-chip stocks and high-performance white horse stocks to small- and medium-cap concept stocks. I felt that the market had returned to the bull market last year when various funds concentrated on speculating on concepts.

In the afternoon, before 2 o'clock, we saw the main trend of "big infrastructure" pick up.

I'm sure everyone thinks that the adjustment of the core theme of "big infrastructure" has ended and the market trend has returned to the main line.

Unexpectedly, in the end, neither the concept speculation direction nor the main direction of "big infrastructure" could form a combined force for the market to go long. Instead, consumer electronics came out today and became the direction with the strongest combined force for market funds to go long, forming a new breakthrough direction in the short-term market trend. "(End of this chapter)