PS: I switched to a new version of Writer's Assistant and am still getting used to it. I forgot to write the chapter name in the last chapter, sorry!
Thursday's inertial decline in A-shares finally ended with both the Shanghai and Shenzhen stock markets closing in the red. Investors who were accustomed to clearing their positions on Wednesday were very depressed.
However, in Gu Junhao's view, September is already halfway through, and judging from Tuesday's plunge, A-shares have begun to enter the acceleration period of the bull market.
There will be more and more violent washouts like this in the future, until investors eventually adapt and become numb, thinking that they can buy the bottom after a sharp drop.
In the end, it will end with a sharp decline and ordinary investors will become takers.
This is the normal situation in the A-share bull market, taking advantage of the plunge to wash the market and taking advantage of the plunge to ship; and this is also the reason why ordinary investors lose money in the bull market.
It is impossible to tell whether a sharp decline at a certain stage is a wash or a shipment.
On September 19, the last trading day of the week, Xu Jianqing, the funny person in charge of the trading team, asked for leave and went home.
Compared with the past, the trading room seemed less lively. For a moment, without Xu Jianqing's chirping voice, Gu Junhao felt a little uncomfortable.
Wang Ruoyu is usually relatively taciturn. Although he jokes from time to time, he needs an atmosphere, and Xu Jianqing is responsible for this atmosphere.
"Xu Dayouzi has gone home, it's a lot quieter, haha." Liu Tingting said with a smile.
After a few months of getting along, everyone has gradually become accustomed to each other's existence. Although they usually don't fight each other, even Gu Junhao is like this.
At 9:25, the collective price inquiry ended. Affected by two consecutive days of rebound, the Shanghai and Shenzhen stock markets both opened slightly higher today.
Sentiment has been restored and individual stocks are performing well, with many stocks opening higher in the two cities.
Dongfang Fortune opened slightly lower, at 13.68 yuan, with 1,248 lots of call auction transactions, a much smaller volume than yesterday.
"On the stock index delivery day, everyone is a lot more cautious."
Tonghuashun also opened at a low price today. In Gu Junhao's view, although Tonghuashun rose yesterday, it was more following the sector and index.
In terms of overall performance, it is not a lot. The adjustment is far less good than the adjustment of Dongfang Wealth. The adjustment of shrinking and falling is like this after all.
"It looks like it's going to fall again, don't worry, just wait." Gu Junhao stared at Tong Huashun's trend and muttered to himself.
However, Tonghuashun's trend cannot be compared with Dongfang Fortune. The stock price has doubled, and there is a lot of room for profit.
These profit-makers can completely ignore the adjustment and respond with a lock-up attitude. For example, Li Ze, no matter how he falls, he just does not trade.
This also leads to the difficulty of adjustment. If you want to violently wash the market like Dongfang Wealth, you won't be able to wash out much.
The way of falling is the most annoying. It is understandable that the main funds hope to wash out the floating chips in this way.
At 9:30, official trading began, and Dongfang Fortune received its first purchase order of the day, a purchase order of 1,065 lots, which raised the stock price to 13.79 yuan.
Dongfang's wealth suddenly became popular.
I glanced at the two major indexes on the big screen. At the opening of the market today, both bulls and bears were competing around the five-day line on the index.
The ChiNext Index still performed better than the Shanghai Composite Index in early trading. After a slight shock at the opening, it quickly moved higher.
At 9:32, the stock index was close to 1,495 points, only 5 points away from 1,500 points.
"It looks like we are going to hit 1500 today." Gu Junhao said to the two of them.
"Can you stand firm?" Wang Ruoyu asked.
After a few months, all three of them have learned that the boss is always most concerned about changes in the GEM, and the Shanghai Stock Exchange is only used as a reference.
The position of Junshi No. 1 also reflects this. Except for Xu Jianqing’s previous short-term attempts, the boss has never bought stocks starting with 6.
The integration of knowledge and action may be the reason why the boss can succeed. Everyone who is engaged in stock market trading knows this, but it is difficult to do.
Dongfang's wealth shrank in the morning, but the funds were not as strong as yesterday morning. What they showed today was an inflow.
Judging from the trading market, the buying volume of medium orders and large orders is still relatively large, while the selling delivery orders are mainly less than 100 lots.
At 9:34, Dongfang Fortune increased by 1.24%, the stock price reported 13.89 yuan, and the trading volume also began to slowly increase.
Ten minutes later, the ChiNext Index suddenly hit 1,500 points, reporting at 1,500.81 points, up 0.61%.
The share price of Dongfang Fortune has also reached 13.94 yuan, which is very close to yesterday’s high point.
"There should be a chance of standing firm, but it's best to shake." Gu Junhao said to Wang Ruoyu.
From the current point of view, the pressure on the GEM's 10-day line is still relatively high, and Gu Junhao still hopes to digest the upper holdup with wide fluctuations like the previous two trading days.
The same is true for Dongfang Wealth, and the big funds on the market also adhere to this idea. When the GEM rebounded to a new high, Dongfang Wealth did not break through the previous high.
During the trading session, mid-selling orders continued to appear. Dongfang Fortune, which sold a large number of shares in a short period of time, saw its stock price fall rapidly from 13.94 yuan to 13.78 yuan.
Followed closely by the GEM Index, the GEM Index began to fall after hitting 1501.39 points.
"Did you see that Dongfang's wealth adjusts a few minutes faster than the index at each stage?" Gu Junhao said to Wang Ruoyu.
This is a sign of a strong stock price, reacting to the market one step ahead of time, rather than following the rise and fall of the index.
In a sense, the trend of Dongfang Wealth in the past two days also affects the changes in the GEM Index.
At 9:57, Dongfang Fortune returned to the flat price, trading at 13.72 yuan. After falling below 1,500 points, the GEM Index also returned to below the 10-day line.
The Shanghai and Shenzhen stock markets are still adjusting in a shrinking manner today, and trading in most individual stocks is very inactive.
Although Dongfang Wealth also maintains a shrinking posture, relatively speaking, it is already considered very good. The trading volume in the first half hour of early trading was close to 100 million yuan.
Another stock held by Junshi No. 1, Wan'an Technology, only sold 2 million yuan in half an hour.
According to this trend, today's transaction is expected to reach a new low. During this round of rebound, Wan'an Technology's daily transaction was as low as 17.99 million yuan.
The trading volume of a stock in one day has dropped to this level. This is the normal state of the stock market before the leverage bull.
The daily turnover of 18 million is considered good compared to 2013, when most stocks regularly maintained daily turnover of several million.
After Gu Junhao looked at it, he couldn't help but shook his head.
Affected by the pressure from the 10-day line, the ChiNext Index slowly declined step by step, and even turned green at 10:30.
Dongfang Fortune has maintained its flat price and adjusted below the daily moving average. So far, the opening price of 13.68 yuan is still the lowest price in the day.
In terms of performance, it is much stronger than the index.
"You should be able to increase your position today, right? Mr. Wang." In the No. 1 trading room of Henghua, Shi Xin said, looking at Dongfang Fortune, whose stock price remained fluctuating above 11.72 yuan.
The opening price is the lowest price, and it can be considered relatively strong no matter how it is adjusted.
In Shi Xin's view, Dongfang Fortune, which has grown from weak to strong, is completely worth adding to its position.
"Add 2,000 lots to try to reduce costs." Wang Chao said to the leader of the trading team.
On today's stock index delivery day, we should try to be as stable as possible, but Dongfang Fortune seems to be turning from weak to strong, and Wang Chao can also see it.
Shi Xin feels a bit stingy about only adding 2,000 lots; however, there is nothing wrong with operating cautiously on today's stock index delivery day.
At midday closing, the GEM Index closed at 1491.04 points, barely maintaining its red market status. Dongfang Fortune closed at 13.80 yuan, up 0.58%.
The trading in the morning was a bit dull, and the trading room without Xu Jianqing was not as lively as before. Gu Junhao slept until two o'clock.
Naturally, Wang Ruoyu and Liu Tingting did not dare to wake him up, so they could only enjoy the boring fluctuations in the market.
However, Dongfang Wealth's capital entry in the afternoon was obviously faster than in the early trading, and it was back above the daily moving average by 13:23.
By the time Gu Junhao woke up, Dongfang Fortune's share price had stabilized at around 13.89 yuan.
"What's going on?" Gu Junhao, who had just woken up, asked Wang Ruoyu while looking at the somewhat powerful Dongfang Fortune.
"There seems to be some movement in funds, and the trading volume has increased a bit in the afternoon."
Gu Junhao flipped through the trading board and then looked at Tong Huashun's trend. Tong Huashun's performance was still average, but there seemed to be changes in the Internet financial sector.
Following yesterday's strong Internet financial sector, after experiencing shock adjustments in the morning, capital inflows were more obvious in the afternoon.
"Is there any news on the weekend?" Gu Junhao looked at the section and thought.
Under normal circumstances, if there is any major news, most of it will be announced after the market closes or on the weekend. Not only Dongfang Wealth, but also the entire sector has funds flowing in, which makes it difficult not to make people suspicious.
Of course, except for Tong Huashun, Tong Huashun still maintains his half-dead state.
At 14:15, Dongfang Wealth changed. More than 7,000 buy orders pushed the stock price to 13.95 yuan, breaking through the previous high of the day.
One minute later, Dongfang Fortune reported 14.07 yuan, up 2.55%.
"Use the volume to pull up the late trading."
Dongfang Wealth, which has always been stable, although there are many late-day pull-up moves, there are still very few like today.
However, due to the impact of the pressure position and index fluctuations, Dongfang's wealth did not rise significantly.
Starting from 14:20, Dongfang Wealth slowly fell back. Six minutes later, it fell below the price of 14 yuan, and the trend slowed down.
Although the stock price fell, the trading volume remained at a high level, and there were many large buying orders.
At 15 o'clock, the Shanghai and Shenzhen stock markets ended trading on the last trading day of the week, and the Shanghai Composite Index rose 0.58% to close at 2329.45 points.
The GEM Index closed at 1499.12 points, up 0.56%. After all, it failed to stand firm at 1500 points, and the trading volume also fell to 30.6 billion yuan, a recent low.
Dongfang Fortune’s transaction volume was 471 million yuan, closing at 13.97 yuan with an increase of 1.82%. The transaction volume of 471 million yuan accounted for a lot in the late trading period.
The shrinkage of individual stocks was very obvious today. The trading volume of Xibu Securities fell to 116 million yuan, while the trading volume of Wan'an Technology fell to 15.6 million yuan.
15.6 million yuan is also the lowest daily average trading volume of Wan'an Technology since June. In terms of trading volume, it can be called the bottom of the bottom.
Added an updated chapter, thank you all for your votes.