Chapter 228 Return 2
"A trading volume of 732 million, a turnover rate of more than 5%, and an amplitude of nearly 8%." After the market closed, Gu Junhao stared at the final intraday data of Dongfang Wealth.
Until the end of today's trading, Gu Junhao did not let Wang Ruoyu sell the 3,000 lots he bought. The reason for changing the trading plan was that Dongfang Wealth's trading data was pretty good today.
Judging from the weak rebound in the Shanghai and Shenzhen stock markets today, Gu Junhao believes that the adjustment will continue, but Dongfang Wealth’s performance today is really too good.
He has been adjusting for nearly ten trading days. Today, a big positive line not only stood firm on the 20-day line, but also ran through the five-day and ten-day lines, and it was a large-scale upward trend.
From any perspective, it is worth taking another trading day to see how it changes next.
The 10-day rebound of the Shanghai and Shenzhen stock market indices failed to bring much benefits to individual stocks. As for the major stocks of the day, there were still more declines than increases, especially the ChiNext constituent stocks.
Apart from a few strong stocks, most of the declining stocks were from the ChiNext, with Yinzhijie performing the worst, falling 4.48% during the day and breaking the 20-day moving average, with a trading volume of only 44.84 million yuan.
"After a while, he should be back to his former self. Xu Da can rest for a while."
Gu Junhao used a teasing way to describe the trend of Yin Zhijie, saying that when the volume shrank before, Xu Jianqing became Xu the big speculator; of course, this was more of a teasing.
In Gu Junhao's opinion, Xu Jianqing's short-term trading ability is really average, and his two lucky daily limit increases were also the result of the rebound of the broader market. During the rise, everyone can be a stock god.
“It’s a pity that the second-hand product that the boss mentioned has no chance and is not included in the layout. No one is buying it at all.” Xu Jianqing said with some regret.
"It's only been a few days, it's not our turn yet. Although we have the advantage of channels, it's not yet at that stage." Gu Junhao said with a smile. Xu Jianqing's typesetting in the morning was approved by him.
It is naturally good to be able to rank in, but it doesn’t matter if you can’t; however, if there is a slight increase in volume in the later stage of the consecutive boards, there is still a chance to rank in.
After all, Junshi Capital's channels do have certain advantages in comparison, and the huge channel fees paid each year are not paid in vain.
Monday's T-shaped rebound failed to bring much change to the two markets. The Shanghai and Shenzhen stock markets continued their trend of opening lower, with the external markets performing poorly and the index at a high level.
As the conference is approaching, this Friday is the last trading day before the conference. The A-share market has always had a tradition of falling after every conference, and the index maintained a weak posture after opening low throughout the day.
On the market, only the securities sector, which has performed relatively strongly recently, and policy sectors such as military industry have shown some resistance, although on the news front, there have been frequent positive news after the National Day.
However, big funds are obviously not buying into the good news, and Yinzhijie's performance illustrates this point. Yinzhijie, which fell sharply yesterday, is still performing poorly today, with an even smaller trading volume than yesterday.
Yinzhijie, whose merger and reorganization was unconditionally approved, fell for ten consecutive trading days after resuming trading after only one daily limit, trapping countless ordinary investors who rushed in.
There was constant criticism in the Yinzhijie stock trading area, with countless investors accusing the main funds of taking advantage of good news to sell their stocks. The bored Xu Jianqing recited these posts one by one.
To some extent, Gu Junhao was also one of the main forces behind the market crash. I believe that many of the 3,000 lots sold on the day of the daily limit went into the accounts of ordinary investors, right?
Those who are still cursing today are undoubtedly no longer suitable for short-term trading. If the stock performs poorly the day after the daily limit, they should escape in time. If they are slow to react again, they should stop loss on the third trading day.
Instead of waiting until the market has adjusted for dozens of trading days and has fallen by more than 12% today, people are still cursing.
"Keep an eye on it. When there are fewer or no posts criticizing it, you can buy it back. It's okay if the trading volume is a little smaller. Buy slowly and for a few more days."
For those investors who do short-term trading without setting stop-loss orders, Gu Junhao can only wish them good luck and hope that they can hold on until the day of the rebound.
"Hahaha, this is a good idea, boss." Xu Jianqing laughed.
The two markets performed poorly throughout the day on Tuesday. With the trading volume not reducing much, the Shanghai Composite Index fell 0.28% and the ChiNext Index fell 0.59%. The ChiNext Index has actually experienced three consecutive negative trends.
Yinzhijie still outperformed the Shanghai and Shenzhen stock markets, falling 1.72%. The share price closed at 22.86 yuan, down nearly 15% from the current high of 26.28 yuan.
Dongfang Wealth's performance was relatively strong, with its share price falling by only 0.05 yuan to 15.54 yuan, and its trading volume falling slightly to 684 million yuan; today, Gu Junhao also did not let Wang Ruoyu sell.
The original T plan has completely turned into adding positions. Dongfang Wealth's performance in the two trading days was stronger than the index, and it is also unique in the sector.
If nothing unexpected happens, there should be a strong support near the 20-day line. Even if it falls below, it is a good time to buy at the bottom, and it is natural to turn T into adding positions.
October 15, Wednesday; the Shanghai and Shenzhen stock markets opened lower as usual, and the overall decline in the two markets was quite severe in the morning session. The ChiNext Index fell again to near the 10-day line.
At 10 o'clock, the heavyweights protected the market, and securities and pharmaceuticals performed well; the film price rose by more than 8% at one point, and the index also achieved a counterattack under the leadership of the two major sectors.
"It's useless to pull up pharmaceutical stocks. They will still fall." Gu Junhao said with a smile.
Gu Junhao is fully confident about pharmaceutical stocks. In his previous life, he suffered losses from time to time in other sectors, but in the medical sector, Gu Junhao's winning rate since his rebirth was 100%.
Especially in the medical sector after 2019, Gu Junhao has done a good job of identifying the market opportunities in every major market trend and also made enough profits.
The medical sector is a relatively defensive sector. By boosting brokerages and medical stocks, it is enough to show that the main funds are merely maintaining the market and have no intention of launching a large-scale counterattack.
However, the medical sector did not have much of a rally before 2015, and securities firms are currently at relatively high positions. Such a rebound will not last long.
However, the market finally rebounded slightly on Wednesday, led by the two major weighted sectors, with the Shanghai Composite Index up 0.60% and the ChiNext Index up 0.42%.
The heavyweights set the stage, while small and medium-sized start-ups stalled. Dongfang Wealth, which had performed strongly in recent days, went against the market trend and closed down 0.39%. Yinzhijie fell 0.70%, and the trading volume dropped to 22.98 million yuan.
Wan'an Technology also closed down, and Junshi No. 1 was only barely supported by the 3.66% increase of Xibu Securities. Xibu Securities is undoubtedly one of the leading stocks in this round of brokerage rising market.
Xibu Securities, which performed very strongly, is still fluctuating near the gap on the second day of the rise. The trading volume has also remained high, reaching 702 million yuan today.
October 16, Thursday; yesterday's rebound failed to continue to today. The Shanghai and Shenzhen stock markets opened lower for the fourth consecutive day this week. Both markets fell below the five-day line and the performance remained sluggish.
"This is a bad opening. Even if it is a market shakeout, it should not have fallen below the five-day line." The opening situation was not ideal in Gu Junhao's opinion. If the market could continue to open high with yesterday's rebound sentiment, the market performance should be better.
However, today is Thursday and tomorrow is the last trading day before the conference begins. The performance of the two markets is normal.
Trading started at 9:30. The brokerage firms that performed well yesterday all fell silent today. Xibu Securities opened 3.73% lower at 14.48 yuan. Only pharmaceutical stocks were providing some support on the market.
The leader of the traditional Chinese medicine sector, Pianzihuang, opened flat, fell slightly, and then quickly rose. At 9:43, the share price was 97.30 yuan, up 3.82%. The Shanghai Composite Index also rose to 2389.61 points under the leadership of the pharmaceutical sector.
It is only 1.74 points away from the current round's highest point of 2391.35 points set on October 9.
However, such an impatient rise made Gu Junhao feel uneasy. Pianzihuang was such a large plate, but it rose by more than 10% in two trading days. The increase of more than 4% this morning was completed within ten minutes.
"The market might plunge again today, so don't trade in the morning." Gu Junhao said to everyone. Yesterday, under the leadership of the pharmaceutical and brokerage sectors, the market did not achieve much growth.
Today, brokerage firms have shut down, and only the medical and military sectors are struggling to hold on. This trend made Gu Junhao think of suspending trading, but there has not been much trading in the past few trading days.
In addition to Dongfang Wealth's increase in holdings, only Liu Tingting of Xibu Securities seized the opportunity yesterday and made a small intraday T transaction; however, judging from the trend of Xibu Securities today, yesterday's T difference was just better than nothing.
"It seems that a lot of passing hot money ran away completely when Pull Xibu Securities yesterday." Gu Junhao said with a smile. Without hot money making trouble, Xibu Securities would resume its original trend.
If the Shanghai and Shenzhen stock markets finally plunge today as predicted, then in this round of adjustments, Xibu Securities will definitely implement the gap-filling plan. The practice of filling gaps has always been late for securities companies.
At ten o'clock, the stock price of the film Huang plunged and fell below the daily average price. The securities sector took over from the medical sector at this time and rebounded slightly, maintaining the high-level fluctuation of its holdings.
The trend of heavyweights taking turns to protect the market lasted until 1:15 p.m., when pharmaceutical stocks collectively plunged sharply and the securities sector also began to fall again. The Shanghai Composite Index plunged as expected.
At 13:30, Dongfang Wealth reported 15.29 yuan, down more than 1%. The dive was still accelerating. At 14:00, the Shanghai and Shenzhen stock markets turned green again, and the dive began to accelerate.
By 14:30, the Shanghai Composite Index fell 0.26%, nearly 1% from its intraday high, and the ChiNext Index widened its decline to 0.74%, with both markets wailing.
At this time, Dongfang Wealth was trading at 15.12 yuan, down 2.33%. Although the loss was not small, the stock price was still above Gu Junhao's bottom price of 14.60 yuan on Monday, and it was also some distance away from the 20-day line.
"Wait a minute and see tomorrow. Today is not a good day to buy at the bottom." After 2:30 p.m., Gu Junhao still did not allow the few people to resume trading.
The afternoon plunge continued until the closing stage, with both the Shanghai and Shenzhen stock markets closing with a bare-negative line trend with a long upper shadow. The Shanghai Composite Index fell 0.72% and the ChiNext Index fell 1.23%.
Under the condition of a collective pullback in weights, there are signs of panic capital flight, and the trading volume of small and medium-sized start-up stocks has shrunk significantly.
The statutory decline day has arrived as scheduled, but for Junshi No. 1, the strangest thing is Yinzhijie. Yinzhijie rose against the market trend today by 6.04%, and the trading volume also increased from 22.98 million yuan yesterday to 113 million yuan today, which is an extremely abnormal performance.
