Chapter 267 Bull Market Dividing Point
With Tonghuashun closing the board, the short-term sentiment in the continuously hot small and medium-sized start-up sectors seemed to have been vented in some way, and the bullish force seemed to have stagnated at this moment.
The ChiNext Index rose to a high of 1561.30 points in the morning session. After failing to hit 1571, it began to fall slowly in the afternoon. The pace of decline began to accelerate after Tong Huashun hit the daily limit.
At 13:56, the ChiNext Index reported 1525.36 points, plunging by more than 1%. At the same time as the ChiNext Index plunged, the Shanghai Composite Index began to rise and the oil sector moved abnormally .
Despite the successive upward attacks by major weight sectors in the morning session, it still failed to break through 2,600 points. It rose to a high of 2,593.05 points in the morning, up 0.99%. Before the ChiNext Index plunged, the Shanghai Composite Index had already experienced a small-scale plunge.
At two o'clock in the afternoon, the Shanghai Composite Index finally used the two major tools to protect the market when the major heavyweights, including the three major financial sectors, failed to break through and the investment sentiment seemed to be receding.
The oil sector strengthened; PetroChina and Sinopec rose abnormally, and the Shanghai Composite Index quickly returned to above the opening point. The power of the two magical weapons is indeed extraordinary.
"The short squeeze is here, and both of these two magic weapons are being used."
The rapid rise of the index will undoubtedly make the funds on the sidelines uneasy. Regardless of whether it will break through 2,600 points today, if nothing unexpected happens, the Shanghai Composite Index will continue to close higher today.
In this way, judging from the daily line, the Shanghai Composite Index's five consecutive positive trends have become a foregone conclusion.
On the other hand, the rise of the two oil giants usually gives investors the inherent impression that it is the end of a big market trend, and most investors will sell their stocks during the rise of the two oil giants.
Overheated investors are led by the continued surge in the index to quickly rush in. Anyway, some more sober-minded investors will choose to sell here due to the influence of the rise in the two oil companies.
The rise driven by the two oil giants drove the overall index to continue to rise; by the end of the trading day, the Shanghai Composite Index successfully broke through 2,600 points with a bald positive line.
Since falling below 2,400 points in February 2013, the stock market took 20 months to return above 2,400 points, while it took only five trading days to go from 2,400 points to 2,600 points.
Today, due to the rise of the two oil companies and the breakthrough of 2,600 points, no matter whether there will be a large-scale adjustment in the index in the future, a large wave of off-market funds will enter, and an equally large wave of on-market funds will take profits.
In Gu Junhao's view, today's rise in the two oil giants and the large amount of funds turnover at 2,600 points can be seen as a dividing point in this round of bull market.
As for whether this is the end of a round of the two oil companies' game of pulling up prices or a new starting point, the subsequent market trend will give the answer.
In addition to the rise of the two oil companies today, the securities sector still contributed the most to the rise of the index. After only one trading day of adjustment, the securities sector once again started to rise.
Tonghuashun hit the daily limit, and Dongfang Wealth's Internet finance sector also saw a sharp increase, making a significant contribution to the stability of the ChiNext Index.
…
"Hey, Brother Zhao is back again. The Shanghai Gang is moving together." At half past five, Gu Junhao received Tong Huashun 's Dragon and Tiger List.
Tong Huashun's total transaction volume today exceeded 400 million yuan. Among the 400 million yuan transaction volume, the top five buyers and the top five sellers on the Dragon and Tiger list totaled 170 million yuan; therefore, although the overall amount on Tong Huashun's list today is not large, it is already a deluxe version for Tong Huashun.
The top five selling seats were all marked in red letters as institutional seats, which were very eye-catching. The five institutions sold a total of 59.831 million yuan.
Among the top five buying seats, except for the second buyer which is also an institution, the rest are all hot money seats. Except for the third buyer which is Brother Zhao's seat, the rest are all seats related to the Shanghai Gang.
Although the second buyer is an institutional seat, its 6% share of the total trading volume has played a role in fueling the trend, but overall, Tong Huashun's daily limit today was still dominated by hot money, or in other words, the Shanghai Gang.
Tonight, the "Guiding Opinions on Innovating Investment and Financing Mechanisms in Key Areas to Encourage Social Investment" issued by the upper-level departments added fuel to the hot A-share market.
The overall framework plan for land is nearing completion. I believe most people can understand the significance of this, and it can also be regarded as another positive factor for real estate company stocks.
All the curses under all the emotions naturally no longer exist. Entering Thursday, after setting a new high yesterday, the index has formed a divergence pattern with the MACD index, and the KDJ indicator is also in a serious overbought state for the Shanghai Composite Index. Everything seems to be not a problem.
The Shanghai and Shenzhen stock markets as well as the ChiNext Index continued to rise. The Shanghai Composite Index rose for six consecutive days, while the ChiNext Index, which had risen for three consecutive days, was only 8 points away from the 1571 point this year at the close of trading.
On the market, the switching between major sectors and concepts is also very fast, and the trading volume of the two markets has also increased significantly. However, today's funds have begun to flow out, with a total outflow of more than 8 billion yuan in the two markets.
Tonghuashun still maintained a high-level wide-range fluctuation mode today, with a fluctuation of up to 12% throughout the day, and closed at the upper limit price again , with the stock price reaching 48.84 yuan.
The continuous daily limit increases have increased Tonghuashun's turnover rate from the previous average of around 7% to today's 9.53%, and the trading volume has also increased to 571 million yuan. It is precisely because of the continuous daily limit increases that Tonghuashun has deviated from the five-day line position since today.
Judging from the post-market Dragon and Tiger List, institutions are still in a selling state, and one seat is still sold by an institutional seat, with sales reaching 45.2096 million yuan today.
Brother Zhao, who was ranked third in buying yesterday, almost cleared his position today and was ranked fourth in selling. Judging from the trading volume, he also earned more than 1 million yuan. He made such a lot of profit in just one trading day.
This kind of approach in particular can easily create a possibility for ordinary investors to become rich overnight, which is very tempting.
What is very rare about today's Dragon and Tiger List is that the Shanghai gang, which has always been short-sighted and likes to crash the market the next day, has locked their positions today and is still buying continuously.
The buy one seat is still the same as yesterday, and 24.4 million yuan was bought today. Judging from the purchase amount, Tong Huashun should still be the main cover this afternoon.
The second buying seat was changed to the Shanghai Liyang Road Securities Sales Department, which is also a big boss in the future. Today he bought more than 21 million yuan. This is the first time that Gu Junhao has encountered this seat.
Tonghuashun's crazy market continued again on Friday, the last trading day of November. Tonghuashun, which opened slightly higher in the morning, fell rapidly as soon as it opened.
Within one minute of the start of trading, Tonghuashun's stock price fell by nearly 4%. Stocks that fluctuate at high levels are always so thrilling; similarly, when the trend has not completely ended, the rise is just as rapid as when the stock price plummeted.
After fluctuating for five minutes, Tonghuashun began to rise rapidly at 9:36, and the stock price rose rapidly by 6%. At 9:40, Tonghuashun closed at 50.40 yuan, up 3.19%.
In the process of a series of volume-driven increases, no one cares about the historical highs that have been continuously refreshed over the past week; in the stock comment section of Tonghuashun, there is an endless stream of remarks that the rise has no ceiling.
Strong stocks completed intraday adjustments. With the continuous influx of large and small funds, Tong Huashun rose step by step. At 10:10, after a new round of rise, Tong Huashun rose by more than 8%.
With the adjustment of high-level fluctuations, at 10:27; two large orders of 6051 and 3503 lots, Tonghuashun’s stock price was 53.72 yuan, up 9.99%.
With an extremely strong trend, Tonghuashun closed the board before 11 o'clock and never opened the board again throughout the day. The trading volume for the whole day was weak and shrunk compared with yesterday, and the turnover rate also returned to 7.89%.
Since the beginning of this month, as of the end of the last trading day today, Tonghuashun's monthly increase was as high as 125.71%, the monthly turnover rate was as high as 132.21%, and the total transaction volume was close to 6 billion yuan.
This series of data are the highest in recent times. With the sharp rise of Tonghuashun this month and the closing price of 53.72 yuan, the market value of Tonghuashun held by Gu Junhao has reached 83.266 million yuan.
Even ordinary investors like Li Ze who followed the trend and bought in have a market value of nearly 1.4 million yuan.
Tonghuashun soared in November. At the close of trading, some gossipers calculated the market value of Gu Junhao's holdings, which once again put Gu Junhao in the spotlight in the last two days of November.
