The next day, Tuesday, October 23, Big A opened as scheduled, and the index's call auction result was a flat opening today.
What is strange is that the market opened flat today but the securities sector opened sharply higher. During the call auction stage, the securities ETFs actually opened sharply higher by +4.5%.
Today's call auction of Tiansheng Holdings undoubtedly attracted much attention. Its opening price was 42,471.92 yuan. The call auction opened +2.76% higher, with a total market value of 3,397.7 billion yuan, and the stock price hit a record high.
The opening of the entire securities sector was quite strong, but the index opened flat, and there was no obvious further increase in volume and energy, indicating that there was not much incremental capital.
Then there is only one possibility: the existing funds in the market are cutting off stocks from other sectors and chasing the brokerage sector.
To put it bluntly, retail investors are cutting their positions and exchanging shares into the brokerage sector. This is also reasonable. In the past two days, especially yesterday, the entire brokerage sector has set off a rising limit trend. Even securities ETFs have reached their daily limit, creating a record in the history of A-shares.
One of the most widespread general rises.
In addition, the voice of Z Ce bottom has been very popular in the past two days, everyone is saying that Z Ce bottom is coming, and the actual big opening at this moment has also made the investors who were still scolding Zhongxin last night forget.
about this matter.
After all, such a strong bidding result is really too tempting. Yesterday, all securities ETFs reached their daily limit, which reminded everyone of the big rise at the beginning of the year.
At that time, ETFs were also hitting their daily limits, and then they continued to hit their daily limits. It was also Tiansheng Holdings' daily limit that started the high-standard market and drove the entire sector to take off. Once securities take off, they often go up with a "swish".
No matter how you look at the current strong bidding, it feels like the market is going to continue to hit the daily limit.
Tiansheng Holdings has exceeded its daily limit for two consecutive days in the past two days, so everyone naturally thought of the wave of securities prices at the beginning of the year. After comparing them, they found that the trends were very similar. At that time, even buying an ETF could make money.
Sixty or seventy percentile.
But this time there is strong support from the upper level, and it is at the bottom. It is a powerful so-called Z policy bottom. It is obviously more imaginative than the last round of market conditions, so everyone is afraid of being short. Although it was short yesterday, the position is still
It's at a relative bottom, so it's not too late to enter.
No, the call auction directly pushed the securities sector to a +4.5% high opening pattern.
…
When the market opened at 9:30, there was continuous bidding. The investors who rushed in and expected to continue to rise were confused by the next trend. It was a state of mind explosion.
As soon as the morning trading opened, the Shanghai stock index opened flat and plunged directly. The direct reason was the huge plunge in the securities sector. The market crashed without any reversal. Major market software pushed a news message:
[The securities sector opened higher and moved lower, Tiansheng Holdings dived and turned green, Cailian Securities, Zhenyu Securities, Zhongxin Construction Investment and other stocks followed the decline]
Half an hour after the market opened, that is, around 10 o'clock, major market software pushed messages again:
[The securities sector continues to fall, Tiansheng Holdings fell more than -4%, falling below the 40,000 yuan mark, and stocks such as Zhenyu Securities and Financial Lian Securities are approaching the limit]
As the securities sector plummeted, the index couldn't hold on and kept going lower. At that time, the securities sector, which had opened higher by +4.5%, was one point away from turning green, while the market's decline had already reached -1.5%.
Investors who were adjusting positions and exchanging stocks to pursue securities were dumbfounded when they saw this market trend.
"????"
"What's the point of this speculation? I'm just kidding..."
"It has been delisted and I will no longer accompany you. I was dissatisfied before, but Big A specializes in dealing with all kinds of dissatisfaction. I am convinced. I will clear all my tickets tomorrow and cancel my account the day after tomorrow. I will completely stay away from the stock market and play Gou Ba again!"
"It's great. There's something to be said about this posture."
"I used to think that stock trading was a battle with landlords. As long as you kill the landlords, you can win. But in the end, I discovered that stock trading means running fast!"
"Q: Sister, the stock market has been up and down recently. Have you made any money? A: Generally speaking, you have made money. Q: Oh? Do you have any tips you can share? A: I am busy trading stocks, no
No more time to browse online stores.”
"When we are in a bull market, the bullish view always seems particularly wise; when we are in a bear market, the pessimistic view always seems particularly profound."
"Those who don't trade in stocks are at least very stable and have no ups and downs."
“Poverty is stable, this statement is simply too true in this world!”
"Damn it, Master, I've realized it, but I don't have it anymore."
"Main force: The meeting is over, the face has been given, it's time to kill the pig... [insidious] insidious [insidious]"
…
During the lunch break, Lu Ming was reading a report from the company's investment research and analysis department. Li Mingyang was sitting on a sofa next to him. "Other funds can no longer tolerate it."
Lu Ming closed the report and said, "What is your judgment?"
Hearing this, Li Mingyang thought for a while and said: "Judging from the market performance, the main funds in the market are trying to mobilize retail investors to this sector through promoting Taiwan Securities, but their specific purposes need to be further analyzed."
Lu Ming immediately said: "You are right. The main funds of other institutions in the market are rushing to enter the market. They are forcing retail investors who are deeply trapped in the large consumer sector to switch their positions to securities through short squeezes. After all, they are saying
Well, at the end of the Z policy, a series of Z policies have really boosted the stock market, and the path dependence of retail investors will naturally shift to the securities sector, so we just take advantage of this."
The so-called path dependence means that when the bull market comes, do securities!
Li Mingyang couldn't help but said: "Boss, do you mean that there will be another round of deep decline in the big consumer sector in the future?"
Lu Ming nodded silently, which meant he agreed with this statement.
The big consumer category is just a general term, specifically including heavyweight blue-chip stocks in home appliances, liquor, beverage manufacturing, medicine and medical and other industries.
At this time, smart money actually already knows that the A-share market outlook is going to turn from bearish to bullish and take off. However, compared with Tiansheng Capital, which has already entered most of its positions, these still lack a first-mover advantage, so they have to dig holes to expand their relative position.
Cost advantage.
In particular, the two major industries that have crossed the bull-bear curve, that is, the two major sectors of liquor consumption and medicine and medical care, may not have fallen completely enough. They want lower-priced chips.
But the retail investors who are trapped here have generally been lying down and pretending to be dead, and will not leave until they return to their roots. This is not acceptable in the eyes of big funds, and they have to find a way to make these brown candies move.
Securities have undoubtedly become a good breakthrough point, so the collective changes in securities in this round are unabashed, and they are in the historical bottom range. In addition, the concept of Z strategy bottom is bombarded, which is very tempting to retail investors.
.
Now some retail investors have begun to lose control and chase securities, because chasing securities will inevitably cut off large consumer stocks, so it is inevitable that the liquor, pharmaceutical and other industry sectors will experience an accelerated decline in the next period of time.
However, a sharp drop will also cause retail investors to be tempted to buy the bottom. In order to avoid this situation from happening, the securities sector must have an obvious upward trend. Today's opening high and going low is just to adjust the mentality and temporarily trap the entry funds. To put it bluntly, it is to trap in.
retail investors, destroying the mentality of retail investors.
But the mentality is temporary, and you have to come up with enough sweeteners. Therefore, this wave of bottoming out in the securities sector requires at least a real increase of about 30%. Only in this way can retail investors' funds stay here and not run away, so as to provide
Big funds buy the bottom of big consumer sectors to buy enough time.
Lu Ming has the advantage of foresight, which is the memory of his previous life. He has a clear idea of the future market trend. Even if the current situation is different from the previous life, it will not deviate too much.
In the memory of the previous life, the market trend in mid-to-late October was that the securities sector bottomed out and rose, and the volatility continued to amplify. It rebounded from the first Zhongyang line on October 19 to November 19.
During this period, the securities sector's cumulative increase exceeded +30%. At the same time, during this period, when the securities sector was on an upward trend, blue-chip stocks in the consumer sector, represented by liquor, continued to plummet, and even Mao Tiao could suddenly rise.
The word drops to the limit.
It is foreseeable that the market seen through the eyes of retail investors is: over there, blue-chip stocks compensate for losses at high levels and flash crash one after another, and over here, the securities sector reverses and continues to rise. Of course, the blue-chip stocks will flee in panic and join the big securities firms because of their greed for the sharp rise in securities.
, fearing a sharp drop in consumption blue chips, will inevitably make the decision to adjust positions and exchange shares.
The main institutional players in the market have successfully obtained bargaining chips for consumer blue chips at floor prices. Institutions must do this and can only engage in blue chips with heavy weights. Junk stocks are hot money playing short-term pure speculation. Only blue chips can accommodate large institutions.
If this is just the case, then forget it. At least retail investors can eat big meat when they come to the securities sector. After all, after the bear market ended at the end of the year, the securities sector has also surged and almost doubled. Retail investors can recover their blood, and meat eaters can also eat meat.
But capital is greedy and wants everything. Therefore, after the securities sector rose by more than 30 percentage points on November 21, the layout was completed at this time. Then it began to suppress securities, and then fell back. After being washed out,
That is the real Lord Shenglang.
The ultimate fate of most retail investors is to stand guard at a high position or leave the market.
Reflecting on the K-line technical form, the market follows the classic three-stage pattern in the upward trend, that is, the first stage starts to rise, the second stage reverses and falls, and the third stage mainly rises and accelerates the rise significantly.
In this process, most people played the role of "die lonely before dawn", that is, during the second period of retaliation, and the other group hurriedly cut profits after taking about 30% of the profits. Only a few people can carry it.
After suffering through this dark time before dawn, I finally got a double profit from the main Shenglang.
In the CEO's office, Lu Ming looked at Li Mingyang and said: "Other institutions intend to make a deep hole in the consumer category, so we can just take advantage of the trend and buy the bottom."
For example, you can continue to increase your position in liquor such as Mao Wulu.
Li Mingyang nodded and said: "Understood!"
As for the plight of retail investors, Lu Ming could only sigh. There was nothing I could do to help with this kind of thing. Those who deserved to lose money would lose money sooner or later.
But it’s not entirely a bad thing. After retail investors realize it and are conquered by Big A, the process of de-retailing will also quietly accelerate, and retail investors will naturally obediently buy the major public funds under Tiansheng Capital.
product.
In fact, this is indeed the case. The fund industry in the next two years will be unprecedentedly popular.
Over the years, the types of fund products under Tiansheng Capital have been very rich. The product layout has been completed, and a large number of fundamental investors are waiting to flood into the market. Tiansheng Capital’s current reputation and influence must be for most fundamental investors.
People’s first choice.
The company can basically meet the various preferences of investors, including on-site industry ETF funds, over-the-counter industry ETF links, active hybrid types, passive index types, etc. Not to mention everything, but the mainstream varieties are basically covered.
