Chapter 226 Rumors of the National Day Holiday
Judging from the K-line at the monthly level , A-shares have seen five consecutive positive trends at the monthly level since May this year, and since July, the trend of A-shares has accelerated significantly.
The easing of policies and the gradual increase in trading volume are the two major boosters of the index's rise. In the three months of the third quarter, the Shanghai Composite Index rose by 7.48%, 0.71% and 6.62% this month respectively.
Although the ChiNext Index fell sharply in July, it recovered a lot in August and September. This month it rose by 8.17%, and the high point moved up to 1540.95 points.
Such a huge increase at the monthly level is enough to prove the hot market in recent months. The vast majority of blue-chip stocks with sound fundamentals in the two markets, or small and medium-sized start-up stocks with higher growth potential, are on an upward trend.
For ordinary investors, whether they can catch this wealth train and seize the opportunity to change their destiny is of utmost importance.
The sharp rise of the Shanghai and Shenzhen stock markets in September did not make Li Ze so happy. It was all because Tong Huashun had entered a state of adjustment. While other stocks in the same sector soared, Tong Huashun was no longer the same as before.
However, at the end of the month, Li Ze, who had learned to read the monthly line, felt suddenly different when he saw that Tong Huashun, which had an obvious adjustment trend, still had a 0.95% increase this month.
"Hehe, these people are still asking Brother T what to do with Tong Huashun. If he doesn't move in this month, there will still be an increase of almost one point." Li Ze stared at Tong Huashun's K-line chart and laughed.
Although he didn't sell it, Li Ze eventually downloaded Tong Huashun back. In his words, the price was more than 26 yuan, so he didn't break his promise.
Once you invest in A-shares, you will be a lifelong investor. It is impossible to truly unload stocks unless you suffer losses and have no money to cover your position. People like Brother 68 are a rare species among retail investors.
"This trend is not bad, it's an adjustment at the monthly level, and it hasn't broken the five-day monthly line."
The five-day line price of Tonghuashun's monthly level is around 21 yuan, and Tonghuashun's closing price this month is 24.51 yuan, with the lowest price during the month falling to 23 yuan.
Considering that the bosses in the group had been jumping back and forth repeatedly, and that one big drop had wiped out the entire month's profits, and even many were still in a loss at the end of the month, Li Ze felt more at ease.
"I can earn a little every month, so what's there to be dissatisfied about?" Li Ze laughed at the K-line chart.
"Brothers, Tong Huashun didn't lose money this month. It's much better than you guys who kept losing money by jumping around, haha."
Li Ze, who was in a good mood, made a sarcastic remark in the Soha group, which drew everyone's scolding; those who speculate in stocks often do this, hitting each other, and when they really suffer losses, they will also cheer each other up.
"If the price doesn't rise by one point in a month, I would rather lose money and enjoy the fun of trading!"
"Screw you, sell it now. It's going to keep falling. Look how bad its trend is."
"Don't keep staring at the daily line, look at the K-line before you say that." Li Ze continued to speak unmoved.
"I think you are obsessed. How can you worship the big guys when investing in stocks? The big guys are just trying to cut us. Your brother T's fund has doubled. Isn't this just cutting leeks?"
"It's good to cut leeks, but it doesn't stop Brother T from cheating people. You said that Tonghuashun will continue to fall, which is not impossible, but I think it should be a buying opportunity if it falls further."
"Double it or is it a buying opportunity? Are you crazy?"
"It's up to you. Believe it or not, it's up to you. Anyway, I'm going all in this time. Whether I can make a fortune depends on this one."
"If the price drops further, will you add more positions?"
"It depends on the situation. If it really falls to the right position, it's not impossible."
"Li Kuangniu is still the best. I admire you among these stock speculators."
"Li Kuang is going to Shanxi Province for National Day. Do you want to meet up?"
"We have to go down to the well on our national day."
"Tsk... Li Kuang is just that close. Last time I mentioned Jinyang, he said he went back to his hometown..."
"There will always be a chance for us to catch him, and then we can kill him."
…
October 1, 2014, National Day.
In the hotel room, Gu Junhao woke up early in the morning and looked at the beauty beside him with a smile on his face.
This was his second National Day holiday since he came into this world. He had just resigned last year and spent seven days alone in the small rental house in Beicang, looking at the candlestick charts and playing games.
Times have changed, and tremendous changes have taken place in just one year.
Looking at Zhang Yiru who was still sleeping, Gu Junhao did not disturb her as he did before at home.
Gu Junhao got up quietly, picked up the phone on the bed, and walked to the sofa area in the hotel suite. He was used to getting up early and could no longer fall asleep. His biological clock always behaved like this.
This is a suite in a star-rated hotel. The hotel facilities and surrounding environment are very good. There is nothing wrong with it except that it is expensive. Of course, for Gu Junhao now, it is still affordable .
Li Xinyu took care of all the travel arrangements such as hotels, air tickets, etc., so Gu Junhao didn't have to worry about it.
I unlocked my phone, opened WeChat, and looked at the messages flashing non-stop. At this time last year, I received less than a few messages a day on my phone and WeChat. This year, I can’t get back to them.
There are many messages in WX requesting to add friends, and no one knows who leaked this private WX number. In recent days, due to the doubling of Junshi No. 1's annual revenue, it has caused quite a stir in the market.
There were many messages of holiday greetings, and many customers also asked privately when new funds would be issued. Gu Junhao browsed through these messages one by one and occasionally replied.
Putting down his phone and looking at the scenery outside the window, Gu Junhao's thoughts gradually drifted away. After an unknown amount of time, Zhang Yiru also woke up. She hugged Gu Junhao from behind and asked, "When did you wake up? What are you thinking about?"
Gu Junhao turned his head and looked at Zhang Yiru, smiling and said, "I woke up around eight o'clock, thinking about the difference between last year and this year."
"That's still a big difference." Zhang Yiru said with a smile.
"Yeah, you must be hungry. Let's go and eat. There should be more people here starting today."
After the official National Day holiday arrived, the number of pedestrians on the street began to increase slowly. With so many people around, the desire to see the scenery naturally decreased. However, since he had finally come out for the trip, Gu Junhao didn't want to spoil the fun.
In nine days, starting from Shudu, the two of them toured the beautiful mountains and rivers in the western part of the motherland, which had a completely different aesthetic from that of Zhejiang Province . For Gu Junhao, the only drawback was that there were too many people.
On October 9, the two of them set out on their return journey. They arrived during the peak hours and did the same when they left. This was a strategy that Gu Junhao had set beforehand, and for this purpose, Zhang Yiru even took a few days off.
The National Day holiday lasts for eleven days, which is quite luxurious.
After returning to Beicang, Gu Junhao did not rush to work. Due to the fatigue from traveling and the lack of knowledge about the news during the National Day holiday, Gu Junhao felt that he should not start trading immediately.
Today is already Thursday, and the A-share market will be closed in one day. Regardless of whether the public needs to make up for the lost time or not, the A-share market will be closed on the weekend without fail.
During the seven-day holiday, the market was full of various news, the first of which was the research report released by foreign institutions at the beginning of A-share trading, predicting that A-shares will rise to around 2,800 points this year.
After the end of yesterday's trading, A shares closed at 2382.79 points, a long lower shadow bald positive line trend, setting a new high for the year. The Shanghai Composite Index is making an impact towards 2400 points.
The ChiNext Index also set a new high in this round, closing at 1557.57 points on the 8th, up 1.08%, and heading towards the year's highest point of 1571 points.
September is the golden month and October is the silver month. The strong rise in October has made ordinary investors full of fantasies about the stock market, and calls for full warehouses have been heard one after another.
However, this trend did not continue on Thursday, the day when Gu Junhao returned to Beicang. The Shanghai Composite Index continued to rise and was getting closer and closer to 2,400 points.
However, the ChiNext Index surged to 1559.06 points in the morning. After reaching the highest point of this round, it began to dive rapidly at 10:15 in the morning. By the midday close, the ChiNext Index had fallen by as much as 1.01%.
The ChiNext Index fluctuated as high as 1.76% throughout the day. Although it finally closed at 1561.17 points, forming a false negative line trend, its trading volume increased to 50 billion, the highest in this round, throughout the day.
"There is nothing wrong with the prediction, but he won't tell you when to adjust." Gu Junhao, who was reviewing the market at home, responded with a smile in the fund business department group.
This is also the reason why most ordinary investors lose money. They don’t know when to buy. If they can hold the position as long as they are optimistic about it, then it doesn’t matter when to buy. However, they are afraid of cutting losses in the middle and doing a reverse T.
There is no need to say much about . The increasing costs caused by reverse T is also a headache. Even if it finally reaches your expectations, the returns will definitely be much less than before.
The ChiNext released a trading volume of 50 billion, but the index did not rise. It is obvious that this round of adjustment is about to come. Although the Shanghai Composite Index broke the Thursday curse today, the trading volume of more than 200 billion only brought a 0.28% increase.
Just like the previous round of adjustments, on October 9, the two markets once again entered a phase of high volume and stagflation, and adjustment was inevitable.
The market does not need blindly bullish experts and institutions. There are very few people who can provide timely suggestions for adjusting risks.
On October 10, the third trading day after the National Day holiday, both the Shanghai and Shenzhen stock markets closed lower, with the Shanghai Composite Index down 0.62% and trading volume still remaining above 190 billion yuan.
The ChiNext Index fell 0.45% with a turnover of 43.53 billion yuan; there were obvious signs that the two markets had reached their peak in the short term.
The performance of Junshi No. 1's several holdings varied. Suppressed by the weekly 60-day line, Dongfang Wealth continued to adjust, falling 4.14% within three trading days this week, and the stock price closed at 15.04 yuan.
Yinzhijie fell 3.79% this week, closing at 24.35 yuan, and its share price fell below the weekly five-day line. Xibu Securities also continued its adjustment trend, rising slightly by 0.55% this week, closing at 14.63 yuan.
Wan'an Technology also fell this week, with a total drop of 1.58% in three trading days, and the stock price returned to 13.70 yuan. This also made Xibu Securities the only rising stock in Junshi No. 1 this week.
The sharp drop in the three holdings also caused a significant decline in the market value of Junshi No. 1's holdings, from 51.4 million yuan at the end of September to 50.066 million yuan now, barely holding the 50 million yuan mark.
The growth rate of cash is not too large. Through reverse repurchase and small-scale T-trading by three people within three days, Junshi No. 1's cash flow remained at 31 million yuan, with an overall scale of 81.066 million yuan.
Junshi No. 1's net value fell from 2.05 to 2.0267, the largest decline on the day of its launch since its establishment, making it even more difficult for industry insiders to understand the changes in its holdings.
