Chapter 606: The investment logic of the main line of ‘Big Finance’!

Xu Xiang smiled and said: "This shows that the other party's purpose is not to pull the market, but to build a position!"

"I'm telling you." Zhou Kan understood, "But it seems that the 'securities' and even the entire 'big financial' sector have not formed consistent expectations at this time, right? This main force of funds has increased its positions in a large amount at this time. Is it too early to open a position? "

Xu Xiang responded: "The investment logic and market expectations of the market's 'big finance' line actually follow the market's 'bull market expectations'. The stronger the market's bull market expectations, then the 'big finance' line will The stronger the expectations for future market conditions, the more likely it is that the market will continue to explode.

The weaker the market bull market expectations are, the weaker the investment logic and market trends of the 'big finance' line will be.

Before the market trend broke through 2,500 points, everyone thought that the underlying logic of the Shanghai Stock Index and even the entire market trend was still a rebound trend within the market's large box shock range.

Today, the Shanghai Stock Exchange Index has perfectly exceeded 2,500 points, and the trading volume of the two cities has also continued to break through.

Under such circumstances, ‘bull market expectations’ will naturally become stronger and stronger.

In particular, after so many days after the Shanghai Stock Index broke through 2,500 points, its index is still at a high level and has fluctuated and adjusted, and has continued to break through to new highs in the new year.

In terms of technical analysis.

This kind of index trend is the strongest trend that everyone expected.

And the market turnover, whether in the trend of shock adjustment or in the trend of continued upward breakthrough of the index, has been increasing. This is a very good virtuous cycle trend.

Under such a situation, the call for a bull market in the market is getting stronger and stronger.

It is not surprising that the main line of the market's "big finance" has attracted the attention of major funds on and off the market, and the securities sector has been rapidly and aggressively opened positions by large funds.

However, there is a broad group of investors both inside and outside the market.

In the past two years, the main investment line of "big finance" has been harvested somewhat miserably, and there are deep complaints.

This has also led to the heavy hold-up in the main line of investment in 'big finance', and it is difficult to form a consistent expected situation and sustained market trends.

In addition, the entire 'big financial' sector has a huge market capitalization and huge circulation.

The need to improve this main line of investment requires too much incremental market capital, so it will inevitably lead to this big main line. Under the premise that the market bull market expectations have not formed a consistent expected situation, even if a large amount of main funds actively intervene , it is also difficult to form a sustainable market trend.

Before, it didn’t matter whether it was securities, banking or insurance sectors.

Under the preview of the "bull market expectation", it is not that there is no attention and intervention from a large amount of main funds.

However, they have not formed a sustained market evolution, nor have they replaced the two core hot topics of "infrastructure" and "military industry", focusing all investors' attention and expected directions on this. It is because of these reasons.

And it is because of these factors.

Many major institutional capital groups inside and outside the market, even if they know that market expectations are gradually improving, in order to continue to outperform the market index, they cannot move their main positions without the support of consistent expectations on the main line of 'big finance' Adjusted in this direction.

As for the current main funds involved in the securities sector... is the time to enter the market a little early?

I think it can be viewed from two aspects.

First, it depends on whether the market investment sentiment has converged on the main line of "big finance" and the securities sector after today's close, and how the sentiment feedback is.

Second, it depends on the trend of the securities sector tomorrow or even in the background.

If the securities sector, with this round of major capital intervention, has market continuity, it will be worth noting.

In an atmosphere where the market's "bull market expectations" are getting stronger and stronger.

In terms of future expectations alone, the securities sector, and even the entire 'big financial' main line sector, has the potential for market explosions. It is just when will this expectation be able to completely push the market for this main line into a riot, and when will the market sentiment be fully Focusing on the line of 'big finance', no one can know or predict.

On a main line market.

Intervening too early will waste a lot of market opportunities and cause high time costs of funds.

If you intervene too late, the cost of holding a position will be too high, making it difficult to cope with the fluctuations in market trends, making it impossible to hold a firm position, let alone hold a heavy position for a long time.

Therefore, when it comes to timing, we still have to make careful judgments and carefully observe the market! "

Zhou Kan nodded after hearing Xu Xiang's analysis and said: "The boss is right, but I think that the core main funds in the current market, as well as the active financial groups in the market, are still focused on 'infrastructure' and 'military industry' The main lines of major industries, as well as the main lines of several core concepts such as 'Eurasian Economic Belt', 'Reform and Reorganization of Central and State-owned Enterprises', 'New Era Road, Maritime Silk Road'.

Judging from the trend in recent days, even after the Shanghai Stock Index exceeded 2,500 points.

The capital accumulation and capital activity of these major main lines in the market have continued to rise. At the same time, the stock prices of corresponding core stocks have also increased both in volume and price.

In addition, the investment logic of these core main lines and future expectations are still there.

The market's investment sentiment and investment confidence in these core main directions are also strengthening.

There are also the entry of incremental off-market funds into the market, the increase in the balance of financing in the two cities, the spread of the money-making effect... and a series of market performance, currently still revolve around these core main lines, and the market cannot be seen. Signs of a switch in the main line of core investment, or even a switch between high and low.

On the contrary, these core main lines are clearly showing signs of comprehensive improvement.

I estimate that in this situation...

The main lines of 'big finance' such as securities, insurance, and banks, as well as other traditional main line sectors, and even the main line of 'technological growth' investment in the direction of small and medium-sized boards and GEMs, are difficult to disperse and gather in these core main lines. of the main funds.

Unless the basic investment logic of the two main industry lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'reform and reorganization of central and state-owned enterprises', 'new era road and maritime Silk Road', are shaken, In other words, the market trends of these core main lines have been so high that they can fully correspond to future expectations and can no longer show a strong collective money-making effect.

Well, that's when the time comes.

It may be that the active capital groups in the market and the main institutional groups holding positions will gradually recede from these core lines.

But it's very obvious.

The current market trends of these major main lines, as well as the stock price trends of various core stocks, have not yet fully reflected expectations and fulfilled expectations. Instead, they are at an extreme emotional climax, and everyone has the strongest expectations for the market trends of these major main lines. when.

This kind of market situation focuses on the form and the core main line trend form.

It is destined that the market will attract incremental funds and a large number of active funds active in the market.

It is inevitable that these core main line market areas will continue to further converge and continue to speculate, and these core main lines will also continue to invest in other traditional main line investment sectors in the market, as well as 'technological growth' in the subsequent market trends. 'Waiting for the main line of investment in emerging industries to siphon funds.

But there are so many sectors and stocks related to these core main lines.

The related sectors and individual stocks have huge market capitalizations and can carry huge amounts of active capital flows.

It is destined that as long as these core mainline sectors, the market can continue to make room for upwards, continue the hot money-making effect, and continue to siphon other mainline investment funds in the market.

Then, during this stage, there will be no other large-volume mainline investment sectors that can achieve sustained market trends. After all, with such a large amount of liquidity in these core mainlines, even if the market turnover and New admission funds have been increasing, but there are really not many funds that can really overflow from these core main lines. "

"Yes!" Xu Xiang was somewhat surprised when he saw that Zhou Kanneng had analyzed the market conditions at this level. He nodded with a smile and continued, "This is also because the market has clearly exceeded 2,500 points, and the transactions in the two cities have been completed. While the balance of financing and financing continues to surge, the market is still unable to usher in a general rise.

The Shanghai Stock Index is also rising all the way, with no signs of turning back.

But in the past two months, the market’s investor group has not made up the majority of investors who have actually made substantial profits.

Of course, this is also the reason why market investment sentiment is obviously very hot, but everyone still has huge doubts about the "bull market" and cannot form stronger macro expectations.

After all, whether it is an institutional investment group or a retail investment group.

Many people know that relying solely on the two main industry lines of "infrastructure" and "military industry", as well as several core concepts and themes such as "Eurasian Economic Belt", "Reform and Reorganization of Central and State-owned Enterprises", and "New Era Road and Maritime Silk Road" The main line cannot support the market from going out of a comprehensive bull market.

No matter how strong the trend of these core main lines is, once expectations decline, stock price speculation will be overdrawn.

There will also be a huge correction.

At that time, there will be no other large-volume main lines to take over the market conditions, to absorb the huge amount of profit-making funds and active funds withdrawn from these core main lines, and to keep these incremental funds in the market, then the index will inevitably rise. With the correction of these core main lines, it fell back again.

This is the concern of many investors in the market, and it is also the fundamental reason why "bull market expectations" cannot be fully formed.

However, this problem is not unsolvable.

It just requires regulatory guidance from a macro perspective. "

"Does the boss think that a comprehensive 'bull market expectation' can be formed?" Zhou Kan asked, "Furthermore, do you think the regulators will be aware of this concern of the market and continue to add fuel to this crux, from the macro direction of the market? , then release the good news and guide it?"

Xu Xiang was silent for a while, thought carefully for a moment, nodded slightly, and said: "Based on the outbreak of a comprehensive bull market, it is obviously more difficult to attract funds than to retain the funds.

Now, after the two major industry main lines of 'infrastructure' and 'military industry', as well as the comprehensive explosion of several core concept themes such as 'Eurasian Economic Belt', 'Reform and Reorganization of Central and State-owned Enterprises', 'New Era Road, Maritime Silk Road' , many financial groups in the market have been attracted in, temporarily heating up the market.

Then, if these core main lines are expected to be full, the corresponding core stocks will have their share prices peak before they reach their peak.

It should not be difficult to create another main line of investment that has macro investment expectations and can carry the continuous entry and speculation of huge amounts of funds in the market. It should not be difficult to retain these funds that have already entered the market.

Moreover, I also believe that since the regulators have guided the market step by step to this point.

Seeing that the market is only one step away from a full bull market.

We will definitely not give up the positive stimulus and emotional guidance to the market at this time.

Moreover, I can guess with a high probability that this line can carry so much funds and can carry the two main industry lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'reform and reorganization of central and state-owned enterprises', and 'new era road'. After the main themes of several core concepts such as "Maritime Silk Road" and "Maritime Silk Road" are expected to peak, the new main line of market investment will inevitably emerge in the direction of "big finance". "

"I think so too." Zhou Kan smiled and said, "In terms of volume, liquidity, and expectations, as long as the market's 'bull market expectations' are increasing, then the line of 'big finance' will be a perfect successor." The two main industry lines of "Infrastructure" and "Military Industry", as well as the "Eurasian Economic Belt", "Reform and Reorganization of Central and State-owned Enterprises", and "New Era Road and Maritime Silk Road" are the most suitable core investment lines in the market. .

Moreover, take the line of ‘big finance’.

Concept-themed stories like the ‘Eurasian Economic Belt’, ‘Reform and Reorganization of Central and State-owned Enterprises’, ‘New Era Road, Maritime Silk Road’ can still be told.

I just don’t know…

When will the core main line of the market be switched?

I don’t know when the “big financial” market trend will come? "

Xu Xiang thought for a while and said: "Focus on the two main industry lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'reform and reorganization of central and state-owned enterprises', 'new era road, and maritime Silk Road'" The market trend and emotional interpretation of the main line of conceptual themes, as well as the movements of increasing and decreasing positions of several major funds of the 'Yu Hang Series', as well as the position of 'Fortune Road', what will happen in the next market dragon and tiger list!

As the smartest and most sensitive main fund in the entire market.

Once the market shows signs of mainline market switching,

There will definitely be some movement in this capital.

And with this main force of capital and tens of billions of positions in these core main lines, if they want to move, it is impossible not to leave traces on the market. "

"That's true!" Zhou Kan nodded and stopped asking questions.

But after thinking for a while, he returned his gaze to the two markets.

On the market, the net inflow of main funds into the securities sector has increased significantly. After being squeezed into the top three of the industry sector growth lists in the two cities, it has not received the joint efforts of the entire market's active capital groups and the main capital groups of other institutions to go long. , the rising trend of its sector index gradually declined as the trading time went by, forming an obvious rising and falling trend of short-term explosive volume.