Chapter 211: Intentions When There Are Changes in the Market(6K)
Chapter 211 Intentions when the market changes (6K)
Author: Ru Meng Ru Hua
Chapter 211 Intentions when the market changes (6K)
Both Shanghai and Shenzhen stock markets broke Thursday's curse, and the Shanghai Composite Index was even more aggressive. While pulling out five positive lines in a row, it broke through the 2,300-point mark in one fell swoop.
However, in Gu Junhao's view, with the breakthrough of 2300 points, the index has been pushed up to a high-pressure area with intensive early hold-ups. Although the current market bullish sentiment is stimulated, the shock in the chip hold-up area will definitely intensify.
The trend in September may not change, but the intensification of shocks is inevitable. The so-called bull market often plummets, and the same goes for the bear market with long Yang.
On September 5th, Friday, Gu Junhao came to the office very early, browsing the emails in his mailbox and the overnight news, and preparing for the next transaction.
Overnight news showed that yesterday the Shanghai Stock Exchange, the Hong Kong Stock Exchange, Zhongdeng Corporation and the Hong Kong Securities Clearing Company jointly signed a four-party agreement on Shanghai-Hong Kong Stock Connect in Shanghai, and the content is quite detailed.
Shanghai-Hong Kong Stock Connect has entered the final implementation stage, which is important news for today’s A-share trading.
"Let's consider it as a good thing for the time being." Gu Junhao thought in his heart. Good things and bad things will only be reflected in the index and stock price. If the stock price falls, no matter how big the good thing is, it will be useless.
On the contrary, even negative news can be interpreted as the exhaustion of negative news; therefore, one should always pay attention to the news, but one cannot completely rely on the news to speculate in stocks.
Another important piece of news is the Beijing-Tianjin-Hebei Integration Conference. Beijing-Tianjin-Hebei integration is also a relatively large concept segment that has been speculated on A-shares in recent years.
Later, there was an expanded concept of Xiong'an New District about this concept. However, Gu Junhao had no desire to participate in this type of concept stocks, so he didn't pay much attention to it.
The hype of concept stocks will only be temporary. If you want to survive in the market for a long time, you still need to look at the large industrial chain and performance. This is also the reason why Maotai Liquor Industry has endured for a long time.
Another piece of news that Xu Yan has marked is the photovoltaic policy. The first batch of national integrated circuit industry investment funds may be established in the near future.
Gu Junhao looked at the news marked by Xu Yan and smiled knowingly.
The photovoltaic industry chain is undoubtedly a very large industry chain, but it is not appropriate to get involved at this time. The real explosion of stocks related to this industry chain should be in 2020.
After a major reshuffle around the world, companies that can survive are all worthy of investment; and for ordinary investors, an emerging industry is not the best time to get involved in its early stages.
It is true that huge benefits may be obtained in the early stage, but the risks are also considerable. Gu Junhao once remembered that the company that was known as the number one photovoltaic company had its industrial chain broken and disappeared overnight.
Ordinary investors who buy the stocks of such companies at the early stage of the industry chain may be stuck for several years at best, or delisted and lose all their money at worst. These are all possible.
In 2020, the stock price of Yangguang Power Supply, which Gu Junhao worked on, was less than 20 yuan at this time. It had reached the daily limit the day before yesterday, and Gu Junhao had paid attention to it on the day of the limit.
But Gu Junhao did not include him in the buying plan. 2015 was an era of general rise. It can be said that 90% of stocks were bought during this period and held until 2015, without causing losses.
But there is also a main line in the big bull market. Only by holding the main line can you make greater profits. If you buy Yanguang Power Supply, you will not lose money, but you won't make much profit even if you think about it.
After Yangguang Power peaked in 2015, with the fierce fighting in the photovoltaic industry, it also fell to the point where no one cared about it. How will ordinary investors spend that period of time?
Good stocks will also have their troughs. If you are a determined investor, the timing may not be so important to you, as long as you can buy it and hold it.
But not every investor is like this. How to survive the trough period is a topic that tests people's hearts. What's more, the timeline is extended to several years. If there is an emergency during this period, a large amount of funds will be needed.
So what?
Then we can only endure the pain and invest the funds in places where they are more needed.
Therefore, when investing in stocks, buying the right stocks at the right time is the most important thing. The same is true for doing business. Emerging industries have huge profits but are also accompanied by huge risks.
Risk is the first factor in any investment. Only by controlling risks can you survive.
After hurriedly browsing some overnight news, Gu Junhao confessed a few words to Li Xinyu, then left the office and walked towards the trading room.
On a new day, a new transaction will begin; and Li Xinyu will temporarily take over some of Gu Junhao's responsibilities.
In the external market overnight, affected by the non-farm payrolls report and some other exaggerated remarks, the three major stock markets of the Dow, S&P and Nasdaq fell in the external market, and the price of gold also fell by 0.3%.
For A-shares, after the call auction ended, the two cities experienced mixed gains and losses.
The Shanghai Composite Index still performed very strongly, gapping upward for the fifth consecutive trading day this week, and reported at 2311.31 points. Although the ChiNext Index also opened higher, it did not gap up and reported at 1497.99 points.
"Haha, the fifth one missed. I don't know if I can make up for it today." Xu Jianqing said with a smile. This week's market conditions were also an eye-opener for the three of them.
It is quite interesting to say that in the first four trading days of this week, although the index opened with a gap up, the gap on that day was not maintained.
Either at the opening or during the session, the three major indexes promptly covered their intraday gaps, and the index fluctuations were also normal.
This week has truly demonstrated my big A’s ability to fill in any gaps.
"It is estimated that the gap will continue to be filled, the gap is not too big, and the index is not as easy to rise as a stock." Gu Junhao said with a smile.
This is the index. If you place this kind of upward gap for five consecutive days on any individual stock, there is no doubt that the stock price will take off.
Today, the performance of the five holdings, including Tong Huashun, is still as stable as ever. They are not affected by the continued high opening of the market and seem to be determined to stick to their own style.
Dongfang Fortune, Xibu Securities opened higher, Yinzhijie opened flat, Wan'an Technology and Tonghuashun opened lower.
At the beginning of the opening, the Shanghai Composite Index rose rapidly. Except for the three major financial sector heavyweight stocks, they continued to rise and continued to attack the index.
The ChiNext Index unexpectedly opened higher and moved lower. After setting a new rebound high of 1,498.76 points at the opening, the index quickly turned downward.
"The pressure is coming after all." Gu Junhao sighed, looking at the downward adjustment of the GEM index.
The Shanghai Composite Index shrinkage has been protected by weights, and the intensive holding area above 2,300 points can be sustained for a while, but the GEM is also facing the pressure of the 1,500-point integer mark.
In the call auction in the early trading, when there was only 2 points away from the 1500 integer mark, no test was conducted, which shows the determination of the funds.
The ChiNext Index, whose opening price was close to its highest point, continued to fall, going in a completely opposite trend to the Shanghai Composite Index. However, Dongfang Fortune and Tonghuashun, which opened higher, unexpectedly showed pretty good trends.
Dongfang Wealth, which opened higher, was affected by the index and turned green slightly in less than a minute. There were continuous purple buy orders of more than 500 in the trading session.
The stock price of Dongfang Fortune also turned red again at 9:33, and the stock price exceeded the opening price. The K-line was negative for three consecutive times, and Tonghuashun, which opened lower today, performed even stronger.
As soon as the transaction started, Tonghuashun surged up quickly, and the opening price was the lowest point. By 9:34, Tonghuashun's increase had exceeded 1%.
"The index rose sharply in the past four days but he didn't pull it up. Today it started to pull it up. It's really interesting." Gu Junhao looked at the trends of these two stocks and said with a smile.
"Don't the main funds have to celebrate the holidays?" Wang Ruoyu also joked as he looked at Dongfang's wealth that had risen against the market trend.
Some funds fled today, as you can imagine; September 8, which is next Monday, is the Mid-Autumn Festival this year, and the A-share market will be closed for one day.
Before any major holiday, it is common for some funds to flee, causing the market to fall. The longer the holiday, the higher the possibility.
The continued decline of the ChiNext Index today may not be without this factor. Fortunately, the market is closed for only one day.
"It's also possible that the main players in the market are eager to celebrate the holidays?" Gu Junhao said with a smile. Compared with the three major indexes, these two stocks have been in the doldrums for four trading days.
If we don't pull up today, the popularity will slowly disappear, and there will be no new funds to relay or take over, then we really won't be able to celebrate the holidays.
At 9:40, the Shanghai Composite Index fluctuated upwards, the GEM accelerated its downward trend, Tonghuashun, and Dongfang Wealth all moved together.
Tonghua's first transaction order of more than 1,000 lots appeared on Tonghua's market, and the stock price quickly exceeded the 25 yuan mark. Two minutes later, Tonghua's stock price was 25.25 yuan, up 2.52%.
Dongfang Wealth also rose by more than 1%, while the GEM Index's decline had expanded to 0.5%.
On the big screen of the Junshi Capital trading room, these two stocks and the two major indexes are now displayed. The Shanghai Composite Index is ignored, but the two stocks that are closely related to the GEM Index have completely opposite trends.
On one side is the index that is falling rapidly, and on the other side is the stock that is accelerating upward; it seems particularly abrupt.
After entering 9:40, the trading volume above Tonghuashun's trading market has obviously increased a lot, and the intensive trading volume continues to drive the stock price.
At 9:50, Tonghua's stock price was 25.56, up 3.78%. Dongfang Fortune also started to make changes at this time, with a total of more than 5,000 large purchases, and Dongfang Fortune's stock price quickly rose to 13.83 yuan.
The volume of 5,000 lots is not the end of Dongfang Wealth. One minute later, the trading volume of Dongfang Wealth can increase significantly again, with a total trading volume of more than 30,000 lots.
Dongfang Fortune's stock price rose rapidly from 13.83 yuan to 14.12 yuan in a straight line, with the stock price increasing by 3.60%, while Tong Huashun's performance was even more eye-catching.
When Dongfang Wealth moved up, Tonghuashun also quickly rose to 26 yuan during the same period, and the stock price broke through the two major round numbers of 25 yuan and 26 yuan during the day.
It seems that Tong Huashun is going to continue to be the leader of the sector today.
At 9:56, Tonghua's stock price rose 8% during the day to 26.60 yuan, leaving only 0.1 yuan away from the previous high of 26.70 yuan. Dongfang Fortune also rose to 14.24 yuan at the same time, up 4.48%.
"Put 14.10 yuan, sell 5,000 lots, quickly! Hurry up." At this time, Gu Junhao suddenly said to Wang Ruoyu.
Without enough time to think about it, Wang Ruoyu acted quickly and placed a 5,000-lot sell order. Since the trading volume was still in the stage of large-scale bursts at this time, Wang Ruoyu's sell order was also successfully completed.
The average transaction price was 14.15 yuan, and the capital withdrawn was 7.075 million yuan. Dongfang Fortune also quickly fell back to the price of 14.15 yuan.
Seeing that the order was successfully completed, Wang Ruoyu calmed down and asked Gu Junhao: "Boss, why did you suddenly sell such a large order?"
Not only Wang Ruoyu, but the other two people also looked at Gu Junhao with some surprise. Gu Junhao rarely sold a large amount of chips so eagerly in the market.
Even if he decides to reduce his position, Gu Junhao will ship the goods in batches to minimize the number of large orders.
What's more, the trend of Dongfang Fortune was intact at this time, and the GEM Index also responded accordingly, and the decline narrowed to less than 0.2%.
"Look at Tong Huashun's trend, he only has a few orders at the price of 26.60 yuan, and they are not even displayed on the time-sharing chart." Gu Junhao pointed to the big screen.
Later, Xu Jianqing also operated the computer and looked through the delivery orders of Tonghuashun just now. Sure enough, after looking for a long time, it was difficult to find the order of 26.60 yuan.
"Ah, I found it. I'm almost blinded by the search. It's only a dozen lots." Xu Jianqing sighed. At this time, the time had come to 10 o'clock, and Tonghuashun had fallen back to the price of 25.85 yuan.
"Then what does this mean? Tong Huashun is not Dongfang Wealth. Didn't Dongfang Wealth not fall back much?" Xu Jianqing was most interested in this kind of short-term trading and couldn't help but ask.
"You should know what the purchase order of only 10 lots means, right?" Gu Junhao said.
"Well, I know this. It means that the funds have no intention of taking over the orders at a high level. These 10 lots were probably bought by some retail investors on impulse." Xu Jianqing nodded.
"Well, if you have funds and want to go long strongly, the stock price has reached 26.60 yuan. In fact, there are not many holding orders above. Maybe 1,000 lots will be enough to set the daily limit at this time."
After finishing speaking, Gu Junhao paused, and Xu Jianqing also nodded. According to Tonghuashun's trading volume, 1,000 lots would directly hit the daily limit, which is indeed very likely to pull up the market.
Wang Ruoyu and Liu Tingting were also listening quietly to Gu Junhao's analysis.
After a pause, Gu Junhao continued: "This also shows that funds have no intention to do long. Considering the abnormal performance of these two stocks this week, today when the index fell, they went on an independent trend, so the rise is self-evident.
Already."
Then Gu Junhao smiled again and said: "If I were outside, I would definitely smash Tong Huashun directly, but I have already lost weight before, so forget it this time and let him go, haha."
"What does that have to do with Dongfang Fortune?" Wang Ruoyu asked. At this time, Dongfang Fortune's stock price still remained above 14.10 yuan, and there seemed to be signs of continued upward momentum.
"They are almost the same. They are in the same sector and have the same concept. The trading volume is now much smaller. Even if it is a charge, it cannot go very high. It is probably the same as Tonghuashun, close to the previous high."
While talking, Gu Junhao did not stop to watch the market. At this time, Tong Huashun had quickly fallen to near the yellow moving average of the day, with a drop of more than 4%.
When the time entered 10:15, with a wave of nearly 5,000 lots, Dongfang Wealth returned to the price of 14.22 yuan again, lower than the previous high of 14.24 yuan, and then, like Tonghuashun, it started to fall back.
At this time, the GEM index also returned to the downward mode from the rebound stage. In this nearly 20-minute rebound, the GEM index only reached 1493.67 points and did not achieve a red turn.
For the first time, the intraday trends of Dongfang Fortune and Tonghuashun were like those of the ChiNext, both exiting the downtrend mode. The only difference was the red market and the green market.
Looking at the second round of Dongfang Fortune's rise, it did not touch the previous high, and fell back quickly. 5 minutes later, Dongfang Fortune fell below the average price of the day.
Everything was as the boss had judged, and all three of them showed admiration.
"Don't look like this. This is normal behavior. The second round of highs cannot reach the previous highs, and the GEM index is under pressure again. It is inevitable for these two stocks to fall back." Gu Junhao said with a smile.
Both stocks fell below their moving averages, and the ChiNext Index's decline also expanded to more than 0.5%, creating a new intraday low.
Wang Ruoyu and others also gradually understood that today's trend may not have major changes within the day, but it is more like the main funds using a small group of funds to boost shipments.
Wang Ruoyu thought about the topic of the festival just now and said with a smile: "It seems that the main force is really short of money to celebrate the Mid-Autumn Festival."
Later, Wang Ruoyu saw that the stock price of Dongfang Fortune had fallen to around 13.80 yuan, returning to the starting point when it had just risen, and the trading volume had also shrunk significantly.
Wang Ruoyu also immediately asked Gu Junhao: "Boss, do we want to take him back now?"
Gu Junhao thought for a while and then said: "Forget it for the time being. Even if the current price is restored, it will only be about 2 points. I think he will continue to adjust in the future."
There is a high probability that these two stocks will still close a positive line today. The only difference is the size of the positive line. If they don't make a trend that seems to be guiding the way from an immortal, there is no way to deceive people into taking orders.
Gu Junhao still firmly believes that these two stocks will continue to adjust. This round of Dongfang Fortune's T, no matter what, will have to wait until near the 10-day line before picking it up.
There must be at least a 5% profit, Gu Junhao thought to himself, otherwise this T will be meaningless.
At 10:55, the GEM index's decline expanded to 0.9%, reporting at 1482.20 points. The continued downward trend of the GEM also affected the trend of the Shanghai Composite Index.
The scumbag brokerage sector has made a sharp correction, Xibu Securities has fallen back after rising higher, and has turned green at this time, while the Shanghai Composite Index also fell below the daily moving average, reporting at 2308.79 points.
"It looks like we really have to fill the gap, haha, it's really interesting." The gradually falling index made Gu Junhao couldn't help but laugh.
At 11 o'clock, the Shanghai Composite Index finished filling the gap. Just like after filling the gap a few days ago, it started to rise again, while the ChiNext Index had also slowly stopped falling.
At 11:30, the two cities closed. The Shanghai Composite Index closed at 2313.86 points, up 0.30%, and the GEM Index closed at 1484.72 points, down 0.72%.
Tonghuashun reported 25.20 yuan, up 2.31%, down nearly 5.56% from its high point, and Dongfang Fortune reported 13.93 yuan, up 2.20%.
The two markets that have continued to rise have diverged today. The ChiNext Index has taken the lead in the correction. Although the Shanghai Composite Index still maintains a strong position, the profit-making effect today has obviously declined compared with the previous few days.
At the end of the morning session, most stocks in the two cities rose and fell, and the green market stocks also exceeded 20%. The fear of high funds was undoubtedly revealed. Of course, it has nothing to do with the coming of the Mid-Autumn Festival.
In the afternoon, trading continued, and the two cities continued the trend in the morning. The Shanghai Composite Index continued to fluctuate upward, while the ChiNext Index continued to consolidate at a low level.
The trading volume of the ChiNext Index, which fell today, seems to be much smaller than yesterday, if it does not rise again in late trading.
In the early trading, Gu Junhao's main focus was Dongfang Wealth, and he also temporarily decided to reduce his position in Dongfang Wealth during the day. In the afternoon, another stock, Yinzhijie, which Gu Junhao believed might be on an upward trend, also attracted Gu Junhao's attention.
Attention.
Yinzhijie, which opened flat in the morning, started to fluctuate downward after setting a new high price of 22.48 yuan, and the stock price has always remained below the daily moving average.
At the close of the morning, Yinzhijie was trading at 22.10 yuan, down 0.38%. After entering the afternoon trading, Yinzhijie was consolidating at a low level like the GEM index.
At 13:18, there was a round of intensive selling, close to 1,000 lots, and Yinzhijie fell below the price of 22 yuan. Four minutes later, Yinzhijie reported 21.92 yuan.
The market suddenly changed, and three buy orders of 600 lots quickly pushed Yinzhijie to the flat price. After a series of intensive transactions, Yinzhijie reported 22.35 yuan, and the stock price turned red.
Yinzhijie, which became popular, did not start to adjust. There were several consecutive buy orders of 600 lots. Yinzhijie's stock price shot straight up to 22.80 yuan, continuing to set a new high price.
During the low consolidation period of the ChiNext Index, Yin Zhijie, which moved up more than 4%, also quickly climbed to the top of the 5-minute gainer board, attracting the attention of countless investors both on and off the market.
At 13:42, Yin Zhijie reported 22.95 yuan, with a short-term transaction volume of more than 5 million yuan, and an increase of more than 3%. The rising positions also made Gu Junhao smile.
This wave of buying by Yin Zhijie is obviously accompanied by trading volume, and it seems that it is really going to accelerate.
However, at this time, the GEM index began to fall again, starting a downward trend for the third time in the day, and the adjustment posture was very obvious; Yin Zhijie also took advantage of the trend and began to fall back.
Seeing Xu Jianqing looking at him, Gu Junhao seemed to know what he was going to say: "No less, Yin Zhijie has most likely accelerated. Today's trend obviously means to take advantage of the GEM's correction to make another wave."
At 14 o'clock, Yinzhijie began to accelerate its decline after the second high price in the afternoon, but the trading volume did not increase, and there were more loose orders above the trading market.
Seeing this, Gu Junhao is even more convinced that from Dayang after four trading days of adjustment to Dayang after two trading days of adjustment, today's washout will make Yin Zhijie worth looking forward to next week.
At 14:30, the magical two-thirty did not appear. The GEM index had no intention of turning red. Yin Zhijie dived quickly, but still failed to increase the volume.
At 15 o'clock, Yinzhijie closed at 21.88 yuan, down 1.35% on the day, with a transaction volume of 102 million yuan. The K line showed a shrinking shadow line with a long upper shadow.