Rebirth of the Capital Legend

Among them, "Oriental Yuhong", the most popular core leading stock in the two markets and which has attracted much attention from the market investors, not only has hot money continuing to take over at a high level, but even the main institutional funds are still continuing to increase their holdings. From the list, there is no sign of large funds withdrawing to take profits.

"Haha... I was thinking that the plunge at the end of today's trading session was a wash, right?"

After seeing the Dragon and Tiger list trading data disclosed by several popular core leading stocks in the market, some retail investors who had been firmly bullish before could not help but smile.

"It's incredible that institutions are still increasing their long positions on Oriental Yuhong's stock at this level."

"What's so strange about this? Although the stock price has risen a lot compared to the low point of the previous one or two months, compared with the strong expectations for the future and the potential for subsequent performance explosion, the current stock price of this check is still undervalued. It is reasonable for institutions to continue to increase their holdings."

"Qingchun Road has been in and out of the Oriental Yuhong check, and now I have really added all the positions back."

“‘Qingchun Road’ is still a relatively large-scale one.”

"For the 'QuanTong Education' check, hot money is also in a net buying trend. It seems that the big funds are all in a net buying trend for the major hot stocks in the market today. Then who is behind the late trading trend and the rapid plunge in the early trading? Why do I feel that the data on the Dragon and Tiger List of the major hot stocks today is a bit fake? Looking at the market trend... there are obviously so many large orders that are dumping the market during the trading session."

"How can the Dragon and Tiger Ranking data be fake? Who dares to fake it?"

"The previous historical locked-in positions, as well as some profit-taking positions that intervened yesterday and the day before yesterday, have concentrated on smashing the market, which has just led to two intraday dives today. Looking at the Dragon and Tiger List data... the seats of several major 'Dongcai' are all on the selling list. Aren't these seats where retail investors gather?"

“Yes, looking at the list data, it is indeed possible to see that retail investors have sold off in large quantities.”

"You don't need to look at the specific seats. You can also see this by looking at the net buying and selling amounts of large funds!"

"Mr. Su's 'Fuxing Road' is indeed very determined, and he is still locking up his positions."

"Yes, it seems that Mr. Su is still locking up several stocks that Fuxing Road has invested in."

"With President Su, the biggest long position in the market, continuing to lock in his position, what is there to be afraid of? I have said before that this wave... the Shanghai Index will definitely reach above 3000 points. When the market trend changes from a rebound trend to a reversal trend, the Shanghai Index at 3000 points is just the beginning."

"The main funds are all net buying. Doesn't this just show that the selling pressure at this position is too great?"

"How do you understand this?"

"Think about it, with so many major buying funds working together, they were unable to create space, and only barely held the 3000 point position. If the external market trend is not good tomorrow, or the sentiment is not as cooperative as today, and there are not so many active buying orders, can the 3000 point position still be maintained? Judging from the performance of the current data of the Dragon and Tiger List of several popular stocks... I still think that the Shanghai Index will have to adjust and fluctuate at this position before it can effectively break through the 3000 point pressure position and continue to move up."

“Why is it that a large amount of net buying by large funds is actually a bad thing?”

"This is easy to understand. Just like many leading stocks, if too much main capital enters, there is a high probability that it will not be able to get out later. This is because after too much large capital enters, the potential buying will be relatively exhausted. If the market is too heavy and the off-market capital is not very active, and the liquidity of the entire market is not particularly abundant... there will not be so much follow-up buying capital to continue to lift the market up. In this way... these newly entered long capital groups today will instantly become potential short capital in the market when they see that the market cannot get out the next day."

"Yes, this gentleman explained it well."

"That's not right, right? Big funds continue to buy at this position, logically... they should be more optimistic about the subsequent market trends."

“Institutional funds won’t buy today and sell tomorrow, right?”

"Yes, the hot money involved, or the stocks dominated by hot money, can be understood in this way, but the core leading stocks dominated by institutions like 'Oriental Yuhong' have strong underlying logic support and future performance explosion expectations support, so I don't think it will trend like this."

"Is he listening to his boast? He said it was going to fall, so how come the index hit a new high?"

"Before, we were worried about the pressure of 3000 points. Now that 3000 points have been broken, we are worried about the lack of follow-up buying?"

"As for the 'big infrastructure' line, it's clear that it hasn't come to an end yet."

"After the market sentiment really declines, we can talk about the problem of weak buying. Now... Anyway, I am still firmly bullish."

"As I said before, Mr. Su's Fuxing Road stock is still locked, so we must remain bullish."

"In fact, judging from the intraday trends of the major hot stocks today, I feel that the 'Huawen Online' stock is stronger. We will see how it performs tomorrow. If it can quickly close after the opening tomorrow and continue to open up space, then we can continue to be bullish."

"Aren't the two checks, 'Oriental Yuhong' and 'Quantong Education', the leaders?"

"Yes, I also feel that the two main core leaders of the market are these two checks. What is 'Huawen Online'? Today, this check has neither driven up the 'Online Education' sector, nor the core main line of 'Oversold Rebound', nor the trend of other stocks in the 'Film and Television Media' sector. Looking at the changes in the market pattern, it is obvious that whether it is the 'Online Education' sector index, or the entire 'Oversold Rebound'-related industry sector indexes, as well as other relatively recognizable concept stocks, their trends are highly correlated with the intraday chart trend of the 'Quantong Education' check. In other words... basically following the 'Quantong Education' check, it is obvious... This check is the core leader of the current 'Oversold Rebound' line. As for the 'Oriental Yuhong' check, it goes without saying."

"I think so too. It doesn't make sense for Huawen Online to block the check from Quantong Education."

"Today's 'Huawen Online' is not called a position. The real leading position is formed when emotions change. At present, these two checks are the product of a cycle."

“I also feel that it is a cycle.”

"I feel that the trend of the 'Quantong Education' check is obviously weaker than that of the 'Oriental Yuhong' check."

"Yes, if we talk about buying the core leader of the market, it is definitely safer to buy Oriental Yuhong. After all, the fundamentals are better, and institutions continue to lock positions, and the sustainability is sufficient. Looking at the trend of Quantong Education in recent days and the buying and selling data of the Dragon and Tiger List, it can be seen that this stock is basically dominated by hot money, and hot money is fast in and out. Therefore, compared with Oriental Yuhong, the trend of Quantong Education is more open and closed, and the sustainability... I have always believed that it is not as strong as Oriental Yuhong."

"I agree. The core leader of the two cities must be Oriental Yuhong."

"But at this point, it feels like both stocks are accelerating, and the divergence is huge. Even if we know that these two stocks are the current market leaders, we can't make a move. Today, the market barely stood above 3000 points, which is not very strong. Under this trend, it feels like funds are still somewhat afraid of heights." "It's not surprising that funds are somewhat afraid of heights."

"I still think that the 3000 point level will most likely continue to fluctuate before it can really break out."

“You can’t be blindly bullish, but you can’t be blindly bearish either.”

"There are still differences. Otherwise... the market trend today would not be like this. I hope the external market will be stronger tonight. In this way, the market sentiment tomorrow morning may be better. As long as the opening is stable tomorrow, I feel that the market will continue to break through."

"There shouldn't be any major problems with the external market trends at the moment, right?"

"The U.S. stock market keeps hitting new highs. To be honest... I'm a little envious."

"It is precisely because of the continuous new highs that we are afraid that the U.S. stock market will suddenly have a wave of consecutive large negative lines at this position!"

"It's unlikely, right? In the second half of last year, the U.S. stock market held up despite the terrible macro environment. In the current situation, it is impossible for the market to continue to fall sharply. I am optimistic that the U.S. stock market will continue to break upward."

"Let it rise. Let it rise more. Only in this way can the A-share market be boosted."

"That's right. Only if the external market rises sharply can we have a small rise. If the external market does not move well, then we will have no choice but to fall."

"Ah, who says it's not true? Our Big A is really a hopeless person!"

"Don't complain. The market in the past one or two months is much better than the previous six months. The previous six months were terrible, but now it has rebounded a lot."

“I hope the trend of the past one or two months can continue in the second half of the year.”

"As long as the Shanghai Composite Index stabilizes at 3000 points, I think the opportunities in the second half of the year will definitely be better than those in the first half."

"At present, whether it is the main line of 'big infrastructure' or the line of 'oversold rebound', the risk is not big. I am just afraid that the main line sectors with high weights will crash the market!"

"That shouldn't happen, right? Isn't the 'national team' supposed to protect the market and hope that the stock market will improve? It doesn't make sense for them to crash the market and drag down the index when the overall market situation is starting to improve?"

"Although this is the general logic, the 'national team' funds that entered in the early stage will also have to withdraw. The fear is that the core main capital groups locked in the weighted main line sectors will take advantage of the gradual improvement in market sentiment to start profit-taking and dump the weighted stocks."

"The probability is low, so I don't think we need to worry too much."

"I agree. Although the main weight line is currently at a relatively high level, at this point, it will definitely not fall sharply and drag down the market."

"At this position, just go long without worrying too much."

"Yes, if there is any big risk in the market, I believe that Mr. Su, who has a much more sensitive nose and a much larger fund than us, will definitely react. At present, Mr. Su is still heavily invested, which means that the market is not at a big risk at this point."

As the Dragon and Tiger list data of the two cities came out, the market had more heated discussions.

In terms of overall market sentiment reaction.

It is obvious that although the majority are still bullish, there are still many investors who are bearish and say they need to be wary of the market's future trends.

This also shows that at this position and time point, the market's bullish and bearish divergences are still significant.

And within this kind of emotional feedback, everyone within the major institutional funding groups is generally optimistic at this moment.

"Haha... market sentiment feedback is still relatively good." After observing the views of many retail investors on major stock investment exchange platforms across the Internet, Song Shaopu, fund manager of Huarui Fund Management Company, the main fund product trading room of 'Huarui Performance Growth No. 1' in Shanghai, said with a smile, "I am afraid that market sentiment feedback will be too consistent. Now it seems... the dive at the end of today's trading is really good. It has intensified the exchange of chips in the market, and there are not too many new intraday profit-taking orders. In this way, after the market opens tomorrow, the new funds that enter today will not have too strong a desire to dump the market.

And due to the violent volatility in today's trading and the large volume trend, a group of funds reduced their positions and took profits.

There won’t be too many chips to continue dumping the market tomorrow.

As long as the external market trend tonight can be slightly coordinated, the market will most likely open low and close high after tomorrow's opening, further impacting the space above 3000 points."

"It seems that Mr. Song is still optimistic about the subsequent trend!" Hearing Song Shaopu's words, Jia Yongxiang, the trading team leader of the main fund product "Hua Rui Excellent Growth No. 1", also responded with a smile, "Indeed, small-scale divergence is a good thing for the subsequent market trend. At the 3000-point position, it is not good to shrink the volume. A large-volume divergence will allow the chips gathered at this position to fully exchange, and then a strong support platform can be truly formed. In this way, the index will not fall through it easily after it passes it."

"That's right." Song Shaopu nodded and said, "However, the upward trend of the index is not a big problem, but the small and medium-sized stocks and micro-cap stocks will most likely diverge more tomorrow, and many oversold stocks that have rebounded will enter the harvesting stage. After all, many small stocks have reached the historical locked-in accumulation area after a short period of violent rebound in the past few days, and this area... is not so easy to get through. What's more, the fundamentals of these small stocks have not improved much, and there is almost no capital that dares to lock up long-term positions. They are all short-term games, so it is definitely the first to harvest the second."

Jia Yongxiang nodded slightly and said, "I also think so about the line of 'oversold rebound', and... I think again, if the divergence of the line of small and medium-sized stocks and micro-cap stocks increases further tomorrow, and the market begins to show a clear loss effect, will funds begin to flow back to the main weighted sectors and focus on the weighted stocks for speculation? And will the main institutional funds gathered on the main weighted sectors guide this emotional shift?"

"I think there is a high probability that it will happen." Song Shaopu said, "and the timing is relatively mature. In the past two days, the main line of weight has obviously underperformed the market, and most of the floating profit-taking chips have left after the two days of selling. The power to continue to smash the market is not enough. If there is a greater divergence in the market trend of small and medium-sized stocks and micro-cap stocks tomorrow, and the loss effect begins to appear.

Then the investment risk preference of the entire market will inevitably tend to be conservative again.

The various fund groups in the market will inevitably flow towards the weighted main line, and after the Shanghai Composite Index broke through 3000 points, the weighted main line should also be given some support. "(End of this chapter)