Chapter 292 The Eighty-two Trend of Continuous Differentiation
Chapter 292 The 8-2 trend that continues to diverge
Author: Ru Meng Ru Hua
Chapter 292 The 8-2 trend that continues to diverge
Since the interest rate cut was announced on November 22, 2014, the daily trading volume of the Shanghai Composite Index has reached more than 460 billion yuan. The A-share market has always been a world of small and medium-sized growth stocks with large trading volumes.
a phenomenon.
This phenomenon was particularly obvious in the trading after the New Year. On the 13th, the Shanghai Composite Index shrank to a new low that the market had risen since the interest rate cut, with a total trading volume of only 273.6 billion yuan.
This situation is still extremely rare in the near future. Obviously, the big funds in the market have certain concerns about the short-term trend of heavyweight blue-chip stocks. Financial constraints make it difficult for heavyweight stocks to make a difference. This is naturally a good thing for small and medium-sized stocks that are rebounding.
The GEM Index once again stood at 1,600 points today, reporting at 1,601.17 points.
However, for incremental large funds, it is difficult for small and medium-cap stocks to attract large funds to take over due to their size. When the first-line weight performance is average, large funds are more willing to enter the first-line and second-level in addition to waiting.
Look for opportunities among blue chips.
The rebound of small and medium-sized startup growth stocks relies more on the promotion of some small institutions, hot money and ordinary retail investors. This group with high flexibility also leads to the rise and fall of stock prices.
However, in the past few trading days of the new year, the direction of this part of funds towards small and medium-sized enterprises has been surprisingly consistent. Since the rebound of the leading stocks of small and medium-sized enterprises, they have maintained a steady upward trend.
Yinzhijie broke out of the six consecutive positive trends since the rebound, Dongfang Fortune's stock price also rose steadily, and Tong Huashun rarely broke out of the eight consecutive positive trends, with the stock price approaching the 60 yuan integer mark, reported at 59.65 yuan.
Gu Junhao spent more than 70 million yuan to re-purchase the Tonghuashun chips, plus the original 500 holdings, the market value now exceeds more than 95 million yuan. Just eight trading days after the purchase, the profit has exceeded more than 20 million yuan.
Once the amount of funds increases and you seize the opportunity, the speed of making money is unimaginable. Based on today's closing stock price of Tonghuashun, it only needs to rise by less than five percentage points, and Gu Junhao's market value can once again exceed 100 million yuan.
.
To judge whether the stock price has bottomed out and rebounded, the daily limit is a very important reference data, especially for small and medium-sized entrepreneurial stocks; after a stock has experienced a major round of bottoming, the stock price begins to show a continuous cross and small positive line trend, which means that there is
The involvement of funds.
The big Yang after the small Yang line is an important reference. The larger the Yang line, the greater its reference value. For example, Tonghuashun, Yin Zhijie and Dongfang Wealth will pull out the daily limit the next day after the cross star bottoms out.
It can be regarded as the best rebound standard.
However, it is relatively difficult for ordinary investors to seize the daily limit. Except for groups like Li Ze who have been paying attention to the trend of a certain stock for a long time, most investors will only do so after the daily limit.
Discover.
Most investors dare not buy after the daily limit. In fact, relatively speaking, this low daily limit is a good opportunity to intervene. Those who can seal the stock price to the daily limit have certain strength. Ordinary retail investors
It's very difficult to do.
In addition to attracting market sentiment, the increase in the daily limit also creates the need to collect chips quickly, and the performance of the three trading days after the daily limit is particularly important. The stock price enters a small increase without breaking the daily limit, which is completely
It is possible to intervene.
Since the main board market in the Shanghai Stock Exchange entered a period of shrinkage, the trend has fluctuated up and down, and the oscillation pattern is particularly obvious. Although the number of ChiNext is still rebounding, it is natural that the market trend of the main board cannot be completely ignored.
After entering the cursed day of Thursday, affected by the news, the Shanghai Composite Index, which had shrunk to less than 300 billion yuan in turnover for two consecutive trading days, bucked the trend and rose in an attempt to launch an upward counterattack again.
The heavyweight sectors such as banking, insurance, and real estate are desperately trying to maintain the upward trend of the index. However, the performance of leading sector securities companies since this round of rebound is still very weak, and most securities companies can only barely maintain the red trend.
The same is true for the performance of the two brokerage stocks held by Gu Junhao. After the stock price of Western Securities hit a high of 40.80 yuan on December 31, 2014, it has continued to adjust downwards since the new year. Today, the stock price has reached around 34.50 yuan.
It has been reduced by nearly 10% since the new year.
The adjustment of Huanghe Securities, which was affected by the shrinkage of funds, was even worse than that of Hebe Securities. The daily 5-day line of Huanghe Securities fell below the 20-day line. Since the New Year, the price of Huanghe Securities has dropped by nearly 15%. At this time, the stock price has reached 15
Yuan nearby.
If it weren't for Dongfang Wealth's sharp rise and the relatively stable performance of the two Chinese-headed stocks, Junshi No. 2's recent retracement would have been even greater, and it would have entered the GEM Index, which has been rising continuously since the New Year, at the top
After many stocks chose to adjust, they also stopped in today's main board market.
In the afternoon, the PetroChina card, stimulated by the surge in international oil prices, rose sharply. Sinopec followed suit and continued to drive the main board market. The brokerage board also rebounded slightly at this time, while the GEM continued to maintain a sluggish trend.
state.
"Each of the two brokerage stocks should reduce their positions by one-third. The shrinking volume will increase the price, and the two barrels of oil will increase sharply, which will suck the blood." Then, Gu Junhao said: "The other two stocks with Chinese prefixes should also reduce their position by one-third.
One."
Although the correction of these two stocks is not very large, they have not broken through the high position created last year since this year. The current stock price of Zhongguo Yizhong remains near 5.80 yuan, which is 12% different from last year's high of 6.51 yuan. Zhongguo Communications Construction
The stock price remains near 13 yuan, which is about 20% away from last year's high point.
As the main board market continues to shrink, as the Chinese-headed sector also surged last year, subsequent adjustments by brokerages are inevitable. Since we want to reduce our positions, it is safest to simply reduce the entire position by one-third.
of.
Since the first trading day of this year, today is the second time Gu Junhao has entered the trading room. This is strongly requested by Xu Jianqing. The continuous correction of brokerage stocks has greatly affected the performance of Junshi No. 2.
In the hearts of Xu Jianqing and others, they really wanted to reduce their positions, but they did not dare to act without Gu Junhao's order, so they entrusted Xu Jianqing to send Gu Junhao to Gu Junhao for orders.
After several days of hard work by Xu Jianqing, Gu Junhao could only return to the trading room again. He was not unaware of the trend of the securities firms during this period. Its trend had already been on a downward trend. Adjustment
The signs are very obvious.
In addition, the meeting period is approaching, and the trend of A-shares during the meeting has never been very good. It is understandable to reduce the weight of the position. However, this time, Gu Junhao did not choose to significantly reduce the position. Last time, it was enough to test the full position.
When funds are too large, apart from the idea of liquidating positions, retracement is inevitable.
This afternoon, the rise of two barrels of oil is a good opportunity, and it should be reasonable to reduce the position by one-third. At the same time, it can digest its own chips on the market without causing too much fluctuation.
Throughout the day, the Shanghai Composite Index rebounded more than 3% in the afternoon, led by PetroChina's surge of 8.66% and Sinopec's surge of 4.86%. It rose by 3.54% throughout the day. However, the overall trading volume was still only 330.6 billion yuan.
It has not recovered to the average daily trading volume of 460 billion yuan.
"The trading volume has shrunk too much. It is not a good thing to shrink and increase the volume at high levels." Today's sharp rise in the Shanghai Stock Exchange Index made Gu Junhao a little worried about the market weight. If it cannot be maintained, this is a periodic high.
Yesterday's statement at the top executive meeting and this year's No. 1 document will be released at the end of the month, and the entry of pension funds into the market has been mentioned again, which is interpreted by the market as positive. However, judging from the trading volume, funds do not seem to be responding to the rebound from high levels.
Buy it, this can be seen from the trading volume.
Today's shrinking rebound is more like a process of some large funds fleeing. During the process of two barrels of oil rising in the afternoon, the varying degrees of outflows from weighted sectors seemed to indicate certain problems.
"Will we really take the opportunity to create a trap and let pension funds enter the market?" Wu Peng also analyzed Gu Junhao's topic. As a senior trader, he naturally does not believe that the introduction of pension funds will be good for the market.
Pensions are here to make money. Obviously, it is impossible for such things to happen. It may even create a bit of bad news, and take advantage of the adjustment period to create a hole for pensions to enter the market and harvest.
"This possibility is not a possibility, but a high probability. Let's reduce part of the position tomorrow according to the situation. Two-thirds of the position is still a bit too high, and half a position is about the same." Gu Junhao nodded.
At present, the net value of Junshi No. 2 fund is still above 1 billion yuan. Junshi No. 2, which focuses on weighted sectors, cannot rise as sharply as Junshi No. 1. Gu Junshi knows this very well.
Brokerages and Chinese prefixes experienced huge gains last year, but the gains this year will definitely be very limited. With only a few months left before the stock market crash, it is obviously impossible for brokerages to achieve the same gains as last year.
For Gu Junhao, the top priority is how to increase the net worth to the highest level before the stock market crash and ensure that Junshi No. 2 can stably maintain a net worth income above 2 during the retracement of the stock market crash.
Junshi No. 1 will be open until June this year. At that time, you can find reasons to liquidate it. However, Junshi No. 2 will have an operating period of only more than half a year until June this year. Redemption will be available at that time, but liquidation is certain.
No way.
At the moment, Gu Junhao is very popular, and having the same experience as Xu Xiang, as a fellow countryman, Gu Junhao is also called Xu Xiang's second by some people. The two funds were accurately liquidated before the stock market crash at the same time. It is difficult not to attract attention.
As a popular fund manager who is currently very popular, Gu Junhao just wants to make money and does not want to step into the sewing machine like Xu, so Junshi No. 2 is designated not to liquidate the position within less than a year of operation.
On Friday, January 16, 2015, the continuously fluctuating Shanghai stock market entered the second half of the trading day in January. As a continuation of yesterday's sharp rise, today's call auction ended, and the Shanghai index jumped up and opened at 3343.60 points.
The GEM index opened slightly lower.
Two barrels of oil, banks and other sectors opened higher, while the performance of the brokerage sector remained sluggish. Affected by the North and South Railway Vehicles that hit the daily limit again yesterday after three trading days of market opening adjustments, the Chinese-headed concept stocks all jumped up and opened higher today.
CSR China Locomotive & Rolling Stock Co., Ltd. opened high in the morning at 11.50 yuan, up 2.31%. Based on the share price of 5.80 yuan when trading was suspended last year, CSR rose as high as 93.79% within ten trading days after the resumption of trading. Today's high opening, CSRC fell
There is almost no doubt about it.
The trend of Zhongguo CNR is almost the same as that of CSR, and it is also about to double its stock price. The two companies have not yet officially merged, and their stock prices have doubled. The habitual speculation expectations of the A-share market are fully reflected.
After the formal trading started, the Shanghai Stock Index fluctuated upwards. Zhongguo South Locomotive and Rolling Stock Index rose rapidly after experiencing a small fluctuation. However, some other stocks with Chinese prefixes maintained the momentum of opening high and moving low, especially Zhongguo Yizhong.
At 9:45, the stock price of Zhongguo South Locomotive & Rolling Stock Corporation Limited was reported at 11.60 yuan, up more than 3% during the day. The stock price has officially doubled since the resumption of trading. Zhongguo CSR fell nearly 2%, and Zhongguo Communications Construction also maintained a downward attitude.
"You don't have to wait until 10 o'clock, start losing weight. This is what was brought up by the North-South train." Gu Junhao said to Xu Jianqing and Wu Peng.
The trading volume of the two cities today is still insufficient. In early trading, new stocks, high-end stock transfers and other sectors all rose sharply. The GEM index rose rapidly despite opening low. Obviously, in the case of insufficient trading volume, active OTC funds are very important for small and medium-sized enterprises.
Market stocks are more popular.
The three high bonus stocks owned by Gu Junhao also performed very well. Yinzhijie rose by more than 4% at this time, Dongfang Fortune and Tonghuashun both rose by more than 1%. At 10 o'clock, Tonghuashun's trading volume began to slowly increase
, Dongfang Fortune also received a large amount of buying funds during the same period.
"Today's market is dominated by small and medium-sized startups again." Cao Wenxun couldn't help but sigh. The brokerage sector was in a small range of fluctuations today. Cao Wenxun had no chance to take action. Looking at the rising small and medium-sized startups sector, he couldn't help but feel a little envious.
The brokerage company that Lao Cao bought privately had already cleared the position last week, and the selling position was relatively high. Since joining Junshi Capital in November last year, Cao Wenxun relied on Tong Huashun and followed Junshi No. 2 position holding rules.
With the purchase, the overall profit has been as high as 1.5 times.
In addition, the salary and performance commission for the past two months were beyond his expectation. In November, Gu Junhao paid Cao Wenxun a full month's salary, and he also gave a private bonus before the year.
The short-term super high returns of stocks and the improvement in salary have greatly alleviated Cao Wenxun's personal financial pressure, and the pressure has been reduced a lot; with a small amount of pressure, the whole person's mental state has also improved a lot, and he feels a lot more relaxed.
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This time, due to the continuous rebound of Tonghuashun, Cao Wenxun also asked his wife to buy Tonghuashun again on Monday morning. The average transaction price was 53 yuan, but this time his wife did not listen to his words and use financing channels.
Make a big purchase.
Afterwards, Cao Wenxun's wife also explained her reasons. The pressure is not that great now. With the income of the two of them, working steadily is enough to live a prosperous life. There is no need to take risky behaviors.
Cao Wenxun originally wanted to use the financing channel to buy 10,000 shares of Tonghuashun, but since his wife said so, it is not unreasonable. A stable life is always better than taking risks. Today, he saw Tonghuashun rising again, and the stock price trend is very likely to exceed 60
Cao Wenxun is also very happy with Yuan's momentum.
Although he failed to raise funds to buy 10,000 shares of Tonghuashun chips, he still had 5,000 shares of chips in his account, and now he has made a profit of more than 30,000 yuan.
"It seems that there is still a future in following Mr. Gu." Cao Wenxun glanced at Gu Junhao who was staring at the big screen and thought to himself.