Chapter 1604 [Crazy market situation rare in history]
Shortly after the call auction ended, major market software pushed messages:
[The NSE 50 Index opened sharply higher by 2.47%, breaking through the high on March 5 and setting a record high]
At that time, thousands of investors in Big A were staring at today's opening price of the Singapore Securities 50 Index, which jumped 2.47% higher at 6801.57 points, and broke through the 6700 and 6800 points in the bidding stage.
And it directly exceeded the historical high of 6794.27 points on March 5.
The 50 constituent stocks in the NSE 50 Index all jumped short and opened high, with different highs and lows, but all were in the red.
In terms of individual stocks, China National Nuclear Shipbuilding Corporation, the overall leader in the popularity of the Chinese military, opened at the daily limit today, recording ten consecutive gains. The stock price soared to a new high of 18.05 yuan, and the market value rose to 595.65 billion.
Matrix Quantum had a shortcoming last Friday and failed to get out of the four-day market. However, it also closed up 7.25%. Today it opened 3.32% higher, and its market value officially exceeded the 15 trillion mark.
Xingyu Technology's bidding opened 1.07% higher today, reaching a new all-time high again, with its market value soaring to a height of 21.17 trillion. This is the market value after filling in the rights, which is lower than the previous volume, but the stock price has reached a new all-time high.
Because a large amount of shares were repurchased and cancelled.
All listed companies in the SGX market with a market capitalization of trillions have reached a new all-time high today. This has also pushed the SGX 50 Index to easily break through 6794.27 points during the call auction stage and reach a new all-time high, directly surpassing the previous high.
Underfoot.
When the market opened at 9 o'clock, the NSE 50 index opened higher and continued to move higher, showing another sign of sunshine.
In just about 20 minutes after the market opened, the NSE 50 Index's increase expanded to 4 percentage points, reaching the 6,900-point mark in one fell swoop. Now every point it rises is creating history, with new highs and new highs.
Over-the-counter funds are pouring in like crazy. Within half an hour of the opening, the trading volume of the SGX market exceeded 300 billion.
In terms of individual stocks, China National Nuclear Shipbuilding Corporation, the leader of the Chinese military's popularity, exploded. Originally, the trading volume increased significantly, and soon exceeded 10 billion in volume, but it could not withstand the rush of too much OTC funds, and soon it fell.
The daily limit is sealed again.
Xingyu Technology, the largest stock in terms of market value, is also constantly rising, with the increase expanding to 3.5 percentage points, while Matrix Quantum quickly increased to 7.05%, giving people the impression that it has the momentum to hit the market.
"Wadama duck, crazy, so crazy, the elephants are dancing in a herd!" At this time, a retail investor was stunned when he saw the market trend of the SGX market.
He originally thought that the three long Yang lines that jumped high in the previous three trading days were crazy enough, but compared with the current trend, they were still nothing.
Not just him, almost all investors are similar. This trend has blinded many people's eyes. Although they were very optimistic about the market before the market opened, this trend still exceeded the expectations of countless people.
Those big guys, Xingyu Technology, Matrix Quantum, Kyushu Blue Arrow, etc., rarely have precedents of taking off at the same time in the past market. Most of the time they are seesaws for each other. When one part is showing a bullish rise, the other part is
There will be callbacks of varying degrees.
The most typical example is that some time ago, when Matrix Quantum took off because of its explosive first-quarter results, individual stocks such as Xingyu Technology and Jiuzhou Blue Arrow pulled back.
But there was no such pressure today, and everything took off directly.
…
Stimulated by the SGX market opening half an hour earlier, the Shanghai and Shenzhen stock markets next door also jumped sharply upwards and opened higher. After the market opened at 9:30, they also stepped out of the barefoot sun and quickly pushed higher all the way.
The three major stock indexes all showed a unilateral upward short-squeeze trend. At about 10 o'clock, the Shanghai Stock Index shot up to 3289 points, directly and easily breaking through the high point of 3288 points on April 8, 2019. Today's trend of the Shanghai Stock Index is compared with the new certificate.
The 50 index is not far behind either.
Because the "Three Financial Idiots" have taken off across the board.
The three major financial sectors of banks, securities companies, and insurance have all set off a surge of daily limit, with the sector indexes all rising by more than 9%, driving the Shanghai Composite Index to continuously break through the two integer marks of 3,200 points and 3,300 points, reaching new highs since February 2018.
[Are you crazy? This, this, this...]
[This is not called a bull market now, so I really don’t know what is a bull market.]
[Calm down, the NSE 50 Index has been bullish for more than four years. This is the real bull market.]
[Stop waiting and watching, the market has risen again while waiting and watching, buy quickly, buy now, a waste of time is a waste of opportunity, and the loss is real money.]
[In the big bull market, there is no bottom. There is a bottom every day. You must not lose your position. This is an epic bull market!]
[The market is really crazy today. If I don’t have a stock with a daily limit, I would be embarrassed to chat with anyone. My current floating profit is 70,000, but my rate of return is less than 3 percentage points, which is worse than the market.
It’s very far away. If you want to be laughed at to death, you might as well just lie in the New Certificate 50 ETF.]
[Brokerage ETFs are going to have a three-game board in a row. Damn it, this has never happened in history. It’s awesome!]
[I feel so uncomfortable when I step into the air!]
[As for the economic fundamentals, the terrifying growth of more than 15% in the first half of the year, coupled with the crazy money printing around the world, has led to asset bubbles. We should embrace asset bubbles. As for whether it is a comprehensive bull market or a structural bull market, I personally prefer a structural bull market.
.]
[I am also biased toward structural bullishness. Okay, let me put it bluntly. The structural bullishness I think is the continued bullish rise of the SGX 50 index. I am not very optimistic about the two markets next door. The Shanghai stock index can reach 4,000 points at most.
, you ask me why? Because the venue next door has its own hotness, and since it has a new exchange, everyone is watching it for fun. To put it bluntly, no one cares, just love it.]
[The SGX market is bullish, all stocks are in the red, and not a single one has fallen today.]
[The stocks that fell in the two markets next door only had 13 votes. Today’s market is too crazy.]
[Everyone holding these 13 falling tickets today is going to be numb, haha!]
…
Time passed minute by minute, and at around 12 o'clock, major market software pushed a news flash:
[The SGX 50 Index rose by more than 5%, and the current turnover of the SGX market exceeded 1 trillion]
Countless investors from all walks of life were shocked. At this moment, the New Securities 50 Index has soared to 6,970 points. This trend is very likely to break through the 7,000 point mark today, which is another historic leap.
And now just around 12 o'clock, the transaction size of the SGX market has exceeded one trillion. Today is very likely to set a new record for the largest single-day transaction in history. This is already more than 90% of the probability, and there are 3 more to come.
Hours of trading time.
There are currently 2,014 listed companies in the entire SGX market. Currently, no trading has been suspended, and no individual stock has fallen. The trend is rising across the board, but the increase rate varies. In addition, more than 270 stocks have closed their daily limits on the SGX market.
.
After a while, major market software pushed messages again:
[Matrix Quantum has closed the daily limit, and its market value has reached a record high of 16.16 trillion. It has recorded four consecutive boards in five days. The current trading volume of the stock exceeds 218 billion]
After this stock hit the daily limit, the popularity index shot up all the way soon afterwards, squeezing out the number one China National Nuclear Shipbuilding Corporation. Among the top ten most popular stocks today, 9 stocks are from the SGX.
market.
The only stock in the top ten of the popularity index in the two neighboring cities is Guangda Securities, the popular leader in the brokerage sector, ranking sixth. This stock has hit the daily limit today. It was fried during the session but it was also closed. It has recently gone out of the 5-game board.
The market has recorded 7 daily limits in the last 10 trading days. It has doubled since its rise and is the most popular among brokerage stocks.
At this moment, everyone felt that Big A today was unprecedentedly crazy.
