Chapter 303 Dishes in the morning, grinning in the afternoon.
Chapter 303: Feeling numb in the morning and smiling in the afternoon.
Author: Ru Meng Ru Hua
Chapter 303: Feeling numb in the morning and smiling in the afternoon.
After today's close, media reported that in the bulk trading market, there were suspected QFII seats selling the super-heavyweight Zhongguo Ping An at the price limit, which triggered market concerns about the departure of foreign investors.
Judging from last Friday's market, the main force behind the decline in heavyweight stocks was indeed the stocks heavily held by some QFIIs. Among the top 20 stocks held by QFIIs, only one stock rose slightly today, and the decline was very obvious.
From a sector perspective, high-quality blue-chip stocks such as banks and home appliances, which are favored by foreign capital, also suffered among the top decliners. News about the flight of foreign capital made a lot of noise this weekend.
Now it is during the Two Sessions, and from time to time there will be some news that has an impact on A-shares. The A-share market appears to be extremely unstable. Once there is any disturbance, it will trigger panic in the market.
The reason is that the psychology of some investors has been affected. This is one of the reasons why Gu Junhao believes that there is less operation during similar large-scale meetings. There are too many uncertainties in the market and it is difficult for retail investors to grasp it.
In a market that you cannot grasp within a short period of time, watching more and moving less is the best choice.
On Monday, March 9, in addition to the unsatisfactory weekend news, the overnight market performance was also worrying. Both Shanghai and Shenzhen stock markets opened lower; Tonghuashun opened lower, at 79.34 yuan.
Since setting a high of 92.68 yuan on February 17, Tong Huashun has been retracing its stock price continuously after the Spring Festival. Now, the stock price has retraced 16.81% from the high, even though he announced the 2014 2014 stock price on the last trading day of February.
Even the performance reports cannot be stopped.
This performance report, which has not been audited by an accounting firm, is already quite eye-catching; due to the continued activity of the domestic A-share market since the second half of 2014 and the surge in demand for Internet financial services, Tonghuashun's performance and net profit
All have achieved substantial growth.
But unfortunately, the market did not buy into the very eye-catching forecast of this performance as before. The different market trends in the short term and the high stock price are one of the factors restricting Tonghuashun's rise.
In fact, in Gu Junhao's view, the real breakthrough period for the performance of Tong Huashun and Dongfang Fortune will be in the months before and after the stock market crash. Entering 2015, it can be regarded as the real first year of Internet finance.
There are many companies such as Tonghuashun and Dongfang Wealth that focus on solving the needs of investors for stock trading. The wealth trend of listing on the Science and Technology Innovation Board is also one of them. The software of these three companies has been used by Gu Junhao in his past life and in this life.
In addition to these real Internet financial companies, there are also various hyped companies on the market, such as the concept of farting, etc., which are all popular for a while, not to mention the subsequent popularization of foreign Internet companies.
It was under this situation that the reputation of Internet companies became worse and worse; in the following years, at a certain period of time, people even called for beatings.
However, nowadays, Internet finance is still strongly supported by policies. As one of the main lines in this round of bull market for small and medium-sized enterprises, it is far from the era when everyone is crying out for success in future generations.
The morning opening price of Tonghuashun is very close to the daily 20-day line and the lowest price last week on the weekly line. Whether it can hold this position will determine the future trend of Tonghuashun.
After the trading officially started, affected by the depressed mood of the Shanghai and Shenzhen stock markets today, Tonghuashun's stock price opened low and moved downwards, and the trading volume was also very sluggish. As of the last trading day, Tonghuashun's trading volume had dropped to 600 million.
Near Yuan Pass.
Within two minutes of the opening trading time, Tonghuashun's stock price fell below 78 yuan, and the transaction was only about 20 million yuan. At 9:34, Tonghuashun's stock price reported 77.88 yuan, down 2.58%, and was close to the daily 20-day line price of 77.67 yuan.
So close.
At this time, various small and medium-sized orders continued to pour into the market. Suddenly, Tonghuashun's stock price began to rebound rapidly. At 9:40, Tonghuashun was pulled up to 79.66 yuan by a series of small and medium-sized orders. The rebound exceeded
2%.
"The volume is not large. Is this a test market or are retail investors hoping for a rebound?" Gu Junhao looked at the rebounding stock price and couldn't help but smile; 77.88 yuan was the lowest price of Tonghuashun today. This number is quite interesting.
With the rapid rebound of the stock price, Tonghuashun successfully turned red three minutes later, and the stock price once rose to above 81 yuan at 9:45. The inflow of funds was a bit more than at the opening, but it was still below 200 lots.
The loose orders are very confusing.
At this time, the GEM Index had also turned red. Judging from the time-sharing chart, the trend was almost exactly the same as that of Tonghuashun. Gu Junhao once again switched the interface to Yinzhijie. Yinzhijie remembered that the price was 81.44 yuan, and the stock price increased by 2.40%.
Different from the index and Tonghuashun, Yinzhijie opened slightly higher in early trading today. Just like Tonghuashun, it briefly fell to the flat price and then quickly rose again. The trading volume was much larger than the previous trading day.
"Is this a switch to high-priced stocks again? But it seems that the adjustments have been almost completed, and they are all near the 20-day line."
After analyzing several small and medium-sized high-tech stocks, most of these stocks have rebounded to varying degrees near the daily support level, leading the GEM index upward.
The stabilization of high-ranking stocks is undoubtedly a good thing for the rebound of small and medium-sized enterprises. When investment sentiment is not high, only small and medium-sized startups can give a try. Compared with low-ranking miscellaneous sectors, the ability of high-ranking stocks to drive sentiment is naturally
Be better.
Compared with Tong Huashun, Yin Zhijie, who had increased its volume in the early trading, responded faster. At ten o'clock, after Yin Zhijie experienced a short-term contraction in volume after the increase, the stock price started to increase again.
The order placement method is still the same as Tong Huashun. Through batches of small and medium-sized orders, Yinzhijie’s stock price quickly rushed to 83.67 yuan in a short time, and the stock price rose by 5.21%. At 10:13, Yinzhijie reported 84.80 yuan, and the stock price
up 6.63%.
In less than 45 minutes, Yin Zhijie’s trading volume was close to 90 million yuan, which was also about half of the previous trading day. The trading volume increased along with the sharp drop in stock prices, and it was basically confirmed that Yin Zhijie’s trading volume
Stable during the day.
Tonghuashun also started to move at this time. Tonghuashun's stock price was quoted at 80.50 yuan. The time-sharing performance of Tonghuashun was completely different from the opening. There were one purchase of 2,500 lots and one purchase of 1,100 lots. During the same period, the volume was close to 50 million yuan.
Tong Huashun rose rapidly, and the stock price made great strides forward. Correspondingly, the GEM Index also made great strides. The GEM Index also increased by 0.7% at this time. The stock index reported 1964.99 points, successfully holding on to the daily line of 10
Daily line.
Judging from this trend, the GEM index and its core popular concept stocks have rebounded after stabilizing at the corresponding support levels. It seems that they are not ready to wait until the end of the two sessions.
The Shanghai Stock Index, which opened lower at this moment, still remains at 3,200 points, with a drop of around 1%. The bulls and shorts are also competing repeatedly for the Shanghai Stock Index near the support level.
The brokerage sector once again led the decline in the two markets, with Xibu Securities falling by more than 6% and Huanghe Securities falling by more than 5%; the performance of brokerage firms has undoubtedly become an important factor dragging down the market.
At 10:27, Yinzhijie briefly hit the daily limit. During the same period, Tonghuashun's price rose by 5.52%, and its stock price returned to above 84 yuan. Correspondingly, the Internet financial sector also experienced collective changes.
The GEM index has now risen above 1970 points and is heading towards 1980 points. The signs of early stabilization of small and medium-sized enterprises have become increasingly obvious.
An hour later, the high-level theme stocks that had recovered again began to enter a high-level sideways trading state after experiencing a morning rally, and the corresponding GEM index continued to set new intraday highs in the process.
When the Shanghai Composite Index entered 11:06, under the second retracement of the day by brokers, the index once again approached the 3200-point integer mark, considering the support position.
The polarization between the two cities was very serious. In the morning trading, for the Shanghai stock market, the shorts undoubtedly won over the longs. At noon closing, the Shanghai Composite Index closed at 3210.86 points, down 0.94%.
The GEM Index closed at 1988.94 points, up 1.51%. A series of theme stocks, including Internet finance, rebounded in early trading, bringing a ray of sunshine to the stock market that has been sluggish recently.
Some investors who bought stocks in the Shanghai stock market were not so lucky. Most of the stocks in the Shanghai stock market fell this morning. Investors who rushed into the brokerage sector when interest rates were cut last weekend were particularly depressed.
The sharp decline of securities companies in the morning made investors have no expectations for the Shanghai Stock Index to rise. Some investors who could not bear the decline for many consecutive days even had to sell out at the midday closing stage.
However, during the lunch break, news came that added variables to the afternoon trading.
At 12:30 noon, news came out from the market that the head of the China Securities Regulatory Commission, who was participating in the two sessions, said in an interview with the media: "We still support the rise of this bull market, the expectations of reform bulls remain unchanged, and the A-share market will still
Get out of the slow bull market in 2015."
As the specific person in charge, it is rare for him to openly support the A-share bull market argument. Investors who had cut their profits in the morning felt indescribable when they saw this news.
"MD, I cut the meat before closing, you tell me this? Why didn't you tell me earlier?"
"This idiot is talking nonsense again. The securities companies have fallen like shit, and they are still talking about a bull market."
"Will you do it in the afternoon? This is a good thing, the person in charge will announce his position."
"Here, is he trying to trick me? I sold blue chips this morning to rush into small and medium-sized enterprises. If this is a blue chip, I will cry to death?"
"Go, go, support the bull market!"
——
At 13:00 p.m., the Shanghai Stock Exchange and Shanghai Stock Exchange opened for trading; in response to the head of the China Securities Regulatory Commission’s public remarks on behalf of A-shares, the Shanghai Stock Exchange Index has risen rapidly since the opening of trading in the afternoon.
The three major financial sectors, led by securities firms, were the first to respond. They rose from the sharp decline, and the Shanghai Composite Index rose rapidly. In just half an hour, the Shanghai Composite Index rose from a drop of nearly 1% to a flat point.
Location nearby.
Xibe Securities and Huanghe Securities once again rebounded from below the 60-day line. The banking sector, which has been sharply corrected due to the recent interest rate cuts, performed well, and a series of commercial banks such as Yongcheng Bank rose sharply.
At 13:38, the Shanghai Composite Index turned red and reported at 3241.47 points. The GEM entered a high pattern trend, and funds re-entered the weighted sectors, making the index that was expected to rush into 2000 points in the afternoon suddenly increase.
However, fortunately, today's index and its constituent stocks did not start to dive rapidly when the weight increased. Although the index's increase became slower, it still maintained an upward trend.
From this point of view, today's increase in weights and the Shanghai Composite Index is not a game of switching funds on the market, but more like the re-entry of incremental funds from the off-market.
This also relieved some investors who switched from weighting to small and medium-sized enterprises in the morning. Although it hurt to cut the flesh in early trading, it hurt even more to be beaten on both ends.
At 13:50, the Shanghai Composite Index reported 3269.90 points, up 0.89%. The index regained its daily and five-day trend lines. In the morning, the Shanghai Composite Index had a total turnover of 120 billion yuan. Within the 50-minute trading time in the afternoon, the Shanghai Composite Index had a turnover of more than 1,000 yuan.
billion.
At 14:05, the Shanghai Stock Index fluctuated and adjusted to 3263.79 points after touching the pressure level of the daily 5-day line. The index started to rise again, and the brokerage sector pulled back from a drop of nearly 5% to within 2%.
At 14:15, many commercial banks in the banking sector hit their daily limit, and the real estate sector extended the decline. The Shanghai Stock Exchange Index reported at 3298.04 points, up 1.75%.
Looking at the Shanghai Composite Index that has advanced significantly, Gu Junhao couldn't help but think: "It's fierce enough. This is obviously an increase in off-market funds. It seems that there is some major news that has not been released yet."
It is impossible for the person in charge to say something about continuing to support the bull market, and OTC funds will enter without thinking; under such remarks, there should be some other sustained good news and policies that will be released.
At 14:25, the Shanghai Stock Index broke through 3,300 points and reached its highest level of 3,307.70 points at 14:40. The intraday fluctuation reached 3.37%. It rebounded by nearly 3% in the afternoon before slowing down its upward momentum.
Although the GEM Index rose by more than 2.5% in the morning, it failed to achieve a breakthrough of 2,000 points in the afternoon. The index reached a maximum of 1,996.90 points, and the overall amplitude remained at around 0.6%.
At 15 o'clock, during the closing period, influenced by the lunch interview speech of the head of the China Securities Regulatory Commission, the Shanghai Composite Index increased significantly after rising, and finally successfully broke through 3300 points and closed at 3302.41 points, up 1.89% during the day.
With only 120 billion traded in the morning, the Shanghai Composite Index achieved a full-day trading volume of 359.9 billion, and the afternoon trading volume was nearly double that of the morning.
The GEM index finally closed at 1994.39 points, also rising 2.20% during the day; Yinzhijie finally closed at 84.50 yuan when it hit the daily limit, rising 6.25% during the day, achieving the negative line of the previous trading day.
Counter-packaging trend.
Tonghuashun also achieved a daily level counter-package trend today, and its trading volume increased by nearly 400 million yuan compared with the previous trading day, ending today's trading with the total transaction once again exceeding 1 billion yuan.
At the end of the day, Tong Huashun surged 5.96%, with the stock price closing at 84.65 yuan. A single day held firm on the 20-day line and the 5-day line; however, it was still suppressed by the price of 86.17 yuan on the 10-day line.
Today, Tonghuashun's highest price touched 84 yuan, and it still dared not test the 10-day line.
For investors who hold stocks in the Shanghai stock market today, they experienced numbness in the morning and smiles in the afternoon; but for those who cut meat in the morning, it was even more irritating.