Chapter 211 Chapter 98 The Trend of Rebellion
Before we knew it, it is another Thursday, the statutory decline day for A-shares. Unlike the thriving market last week, the market continued to be sluggish in the first two trading days of this week, and bad news came last night.
My Big A is like this. From time to time, it will wake you up when you think the market is good.
Although Gu Junhao did not think that last night's data was bad news, it could not withstand the various rumors from the media and experts . It seemed that the media were eager for the index to fall quickly, which seemed like the funds that missed the opportunity were eager to enter the market.
However, if it can be adjusted accordingly, it would be a good thing. Gu Junhao is still happy to see the adjustment. After all, it is in line with his expectations.
At nine o'clock in the morning, after Gu Junhao entered the trading room, he said to the three people: "Don't move anything today. It's best not to do T. Let's see the market first."
Gu Junhao will also share this type of market news in a timely manner to the group of only four people. As for the three people, Gu Junhao will continue to train them towards the direction of fund managers.
When the market direction is unclear at a high level, the best option is to wait and see rather than blindly buy and sell, both of which may cause greater risks to the fund.
This is also the reason why Gu Junhao greeted the three people early in the morning.
"Huh? So I don't have to trade today? Hehe, that's great." Liu Tingting said happily. In this round of index rising, Liu Tingting can be said to be the most relaxed.
Liu Tingting has no sense of participation in Xibu Securities. Since September, she has not made a single transaction. Every day she just watches Xu Jianqing and Wang Ruoyu busy in the trading room.
Also, I asked Gu Junhao for some advice on how to look at the stock market. The rest of the time was spent in boredom. If I could continue like this, it would be pretty good.
Wang Ruoyu didn't care. There were no trading opportunities at Dongfang Wealth yesterday. Today was just another day of rest.
However, for Xu Jianqing, who has been engaged in high-frequency trading in recent days, the boss's order was somewhat disappointing. Xu Jianqing had become accustomed to the days of trading.
Especially after Yin Zhijie crashed the market yesterday, Xu Jianqing felt very excited every time he thought about it. This exciting feeling was actually going to be interrupted today.
However, you still have to listen to the boss.
At 9:15, affected by the sentiment, the Shanghai and Shenzhen stock markets performed flat in the call auction; at 9:25, both markets opened slightly lower as expected.
Dongfang Fortune, Tong Huashun, Xibu Securities and other stocks also opened low. The opening prices of Dongfang Fortune and Tong Huashun fell below the five-day moving average.
Yinzhijie opened slightly higher at 23.74 yuan in the morning session, and its performance was still so rebellious.
After trading began, the recently strong ChiNext Index continued to rise as expected, while the performance of the Shanghai Composite Index was beyond everyone's expectations.
The Shanghai Composite Index, which had fallen for two consecutive days, rose all the way after the opening and quickly turned positive in a short period of time, seemingly completely unaffected by the negative news and the Thursday curse.
In terms of sectors, transportation facilities, domestic software, and intelligent transportation led the gains today, while the steel sector, which has performed well in recent times, saw a significant correction at the opening.
In sharp contrast to the index, all of Junshi No. 1's holdings, including Yinzhijie, entered a correction mode at the opening, with Dongfang Wealth having the largest correction.
Dongfang Wealth's opening price broke the five-day moving average, and its share price quickly fell below the 14 yuan level to 13.93 yuan, down 1.65%. The trading volume was much higher than yesterday's early trading.
"Don't worry about it, let it fall." Gu Junhao said after staring at the trend of Dong Fang Wealth for a while.
Today, both major indexes rose. The ChiNext Index has now broken through 1510 points, while Dongfang Fortune showed a rare downward trend in the early trading session.
On the contrary, Tong Huashun's performance today was not too weak. Tong Huashun, which opened low in the morning, also rose with the rise of the index. The performance of the two stocks was completely opposite.
In this situation, it is safest to remain unchanged in the face of ever-changing circumstances. If the market goes up, you can make money from your positions. If the market really falls sharply, you will have funds on hand to buy at the bottom.
The rebellious Yin Zhijie will naturally continue to rebel to the end. While the three major indexes rose rapidly, Yin Zhijie quickly turned green. After maintaining the red market for less than 30 seconds, the stock price quickly fell to 23.37 yuan.
However, the trading language shown on the trading board was completely different from that of yesterday's morning trading. A large number of retail buy orders in yesterday's morning trading showed the retail investors' enthusiasm for going long.
Today, the performance is completely the opposite, with sell orders of less than 100 lots and continuous selling.
Of course, if someone sells, there will naturally be someone buying. There are naturally quite a few individual buy orders, but compared to yesterday, there are much fewer.
At 9:31, Yinzhijie's stock price briefly rose to 23.69 yuan, but failed to turn positive. Retail investors started a new round of selling, and Yinzhijie's stock price fell back.
The price level of 23.70 yuan, and the price level of 23.30 yuan fell rapidly yesterday afternoon ; these two prices can be said to be the intensive trading areas yesterday.
Especially the price of 23.70 yuan, which is a psychological price for retail investors. Yesterday's bottom-fishing was not as expected, and today the price fell below this level again, so cutting losses is inevitable.
After buying a stock with the mentality of a big rise, if the closing price is lower than expected or the retail investors are trapped in the stock, not many retail investors can withstand the decline at the opening the next day.
Gu Junhao could almost judge that most of the retail orders sold this morning were from the same group of people who bought yesterday morning; asking these short-term retail investors to hold a stock for 24 hours was indeed a bit difficult for them.
"What do you think these people are doing every day, messing around with dozens of buy orders?" Xu Jianqing stared at the trading board and smiled. There were especially many sell orders of around 20 lots on the Yinzhijie board, which was equivalent to less than 50,000 yuan.
There are quite a few purchases and sales of even 100 or 200 shares. Is this amount of money enough to cover the transaction fees?
"20 lots is not a small amount. It may be the entire fortune of many people in the stock market, or even the entire savings of many people." Gu Junhao responded with a smile.
"That's right, the A-share market is a retail market, and many people enjoy this process." Wang Ruoyu also said with a smile. The boss emphasized for the second time that there was no need to worry about the decline of Dong Fang's wealth, and Wang Ruoyu naturally relaxed.
"I do know something about it. My classmates all use tens of thousands of dollars to do short-term trading in the stock market. They just play for the feeling of a heartbeat, and making money seems to be secondary." Liu Tingting also continued this topic.
Gu Junhao nodded. In his past and present lives, he had come into contact with quite a few stock investors. Although many of them knew that it was difficult to make money in the short term, they still enjoyed it. Exciting things were what many people were keen on.
At 9:36, Yinzhijie fell below the early morning low of 23.30 yuan. After breaking the second psychological price, the number of sell orders also increased significantly.
However, at this point, even if there were 180 sell orders on the market, the decline in Yinzhijie's stock price was not as drastic as in the early trading session, and it only fell from 23.27 yuan to 23.24 yuan.
"It seems that some funds are buying at the bottom." Gu Junhao said with a smile.
At 9:37, Yinzhijie's share price was 23.21 yuan. After a round of intensive buying on the trading page, Yinzhijie's share price was quickly pulled up to 23.40 yuan. Subsequent orders pushed Yinzhijie's share price up to 23.64 yuan.
Afterwards, Yinzhijie, like yesterday's trend, remained above the daily average, and the stock price fluctuated in the green market.
At 9:50, the steel sector, which had been adjusting continuously in the morning, suddenly emerged and began to rise rapidly. Affected by this, the Shanghai Composite Index also reported 2343.59 points at 10 o'clock.
2343.59 points also refreshed the Shanghai Composite Index's new high since May 29 last year, and the ChiNext Index also remained at a high level of 1520.
All trends seem to indicate that the adjustments for two consecutive trading days this week may see a rebound today, just like last Thursday, continuing to break the curse of Thursday's decline.
Both markets hit new highs, and the market seemed to have returned to that enthusiastic mood. The major stock comment sections and social networking sites were all hot.
The market trend in today's morning session did not go as the experts said: a correction might come; instead, it still maintained a high trend, and it seemed that the experts were about to be slapped in the face.
But it doesn’t matter. Even if the two markets finally rise sharply today, the experts can still use their rhetoric to make up for it. The poor data can be said to be the end of the bad news.
However, for Gu Junhao and Junshi No. 1, the hot index market in the morning session had nothing to do with him after all. As the Shanghai and Shenzhen stock markets frequently set new highs, the five stocks held all remained in the red.
After Dongfang Fortune quickly fell below the 14 yuan price in the morning session, it continued to fluctuate around this price. Several other stocks also fluctuated at low levels, while Yinzhijie's stock price was still maintained at 23.58 yuan.
It's not just the stocks held by Gu Junhao that are like this. Today, the stocks in the infrastructure and steel sectors are also being pulled up. The small and medium-sized start-up stocks that have been hot for two consecutive trading days have naturally been affected a lot.
Among the GEM stocks, quite a few are in the red at this moment, but the declines in most of them are not too large, all remaining around 1%.
At 10:15, the Shanghai and Shenzhen stock market indices began to slowly fall from their highs, and 2343.59 points became the highest point of the Shanghai Composite Index during this period.
Yinzhijie, which had performed rebelliously in the morning session, still performed so alternatively. With a small increase in volume, Yinzhijie's stock price quickly rose to 23.94 yuan, up 1.01%.
At 10:17, Yinzhijie hit a high of 24.05 yuan. While the index was fluctuating at a high level, Yinzhijie rose by nearly 2%, and was set to move in the opposite trend to the index.
Yinzhijie stopped falling at 23.21 yuan. As it rose, the five-day average price and today's average daily transaction price both saw a significant drop.
"This kind of trend is what I expected." Gu Junhao said to the computer screen. Not only the trend today, but even the intraday chart is much better than yesterday.
