Chapter 329: The rise of favorable factors
Both markets rose sharply today, and individual stocks had varying degrees of trading volume. The rise of the Shanghai and Shenzhen stock markets today was accompanied by volume, and the rebound trend can be expected to continue.
On the 9th, the second trading day of the fourth quarter, the Shanghai Composite Index will approach 3,200 points with a 1.27% increase. While the index has not filled the gap of yesterday, it has officially stood on the daily five-day line, ten-day line and 20-day line.
Following yesterday's surge of 5.17%, the ChiNext Index rose again by 1.2% today, closing at 2216.66 points.
In fact, after the big surge on September 21, the ChiNext Index has tended to be bullish. Starting from September 28, it has officially stabilized on the five-day line, and yesterday's gap-up surge has brought the index into an accelerated trend.
The Shanghai Composite Index has officially entered a bullish trend after two trading days of increases. After three and a half months of decline, the Shanghai and Shenzhen stock markets have entered a bullish trend again after adjustments following the stock market crash.
The performance of individual stocks began to get better and better. Although there were only two trading days in the first week of October due to the National Day, individual stocks in the two markets were in a general rising environment. It was no surprise that Junshi No. 2's first performance announcement led to another rise.
Among the five stocks held, two were suspended, but the other three all rose to varying degrees. The overall scale of Junshi No. 2 also reached more than 3.46 billion yuan, and the net value rate reached 6.9275.
There is only a gap of less than 40 million yuan from the seven-fold return rate. According to the current rebound trend, even if Home Depot and Wuliangye fail to resume trading within the closed period, Junshi No. 2's performance will surprise everyone.
The index has stabilized again, individual stocks have re-entered the rising mode, and good news has followed. This weekend, the market and individual stocks have continued to have good news, especially for the two major industrial chains.
This is the field of new energy vehicles and photovoltaics. The guiding opinions on the construction of new energy charging infrastructure have been officially issued, and the hype of charging piles will be a relatively important concept line this year.
Another is the photovoltaic industry chain. In the first three quarters of this year, the newly installed photovoltaic capacity was about 10.5GW, and the profitability of enterprises has improved significantly. The average gross profit margin of the top ten component companies exceeds 15%. In order to support the development of the photovoltaic market, photovoltaic subsidies will not stop in the next 8 to 10 years.
Longji Green Energy Technology Co., Ltd. also issued an announcement before the opening of the market on October 12, stating that the company had officially signed an agreement with DuPont to jointly develop photovoltaic business.
Stimulated by favorable factors in the industry and individual stocks, Longji shares opened higher throughout the day. The trading volume increased by two times compared with the previous trading day, and the turnover rate has also increased to 3.21%. The stock price rose by 10.04 % during the day to 10.63 yuan.
Generally speaking, excluding newly listed stocks, the daily turnover rate of most stocks remains between 1% and 2.5%. Probably more than 70% of the stocks in the two markets have a turnover rate below 3%. The 3% turnover rate can be regarded as a dividing line for individual stocks.
When the turnover rate of a stock reaches the range of 3% to 7%, its stock nature enters a relatively active state. Between 7% and 10%, it is generally a performance of a strong stock and the stock price is highly active.
Trading volume and turnover rate are complementary and directional indicators. These two indicators have extremely important reference value in short-term trading. Short-term traders basically do not consider stocks with a turnover rate below 1%.
Once the turnover rate is greater than 15%, it is suspected that the main force is selling. After the stock price has risen sharply and left the main cost area, the turnover rate of more than 25% appears at a high level, and a large negative line is closed. It is highly likely that the main force has sold most of the stocks and completed the first wave of transactions.
If a stock has a turnover rate of 50% or even 70%, it can be called a death turnover rate. At this time, you should pay close attention to it. Basically, after this turnover rate, the stock price of the next day will either reach the daily limit or plummet, and it may even reach the daily limit directly.
Under normal circumstances, ordinary investors should try to avoid trading such stocks to ensure the safety of their capital.
There are also turnover rate standards for new stocks and second-new stocks. If the turnover rate of a second-new stock on the first day of listing exceeds 52%, it means that the main force has basically completed its position building.
In the subsequent transactions, the turnover rate has been maintained at 20%, and the stock price has not reached a new low. Instead, there have been several consecutive positive lines. The probability of a rise in the future market is still relatively high.
Most of this happened in short-term trading. Although Gu Junhao had some understanding of it, he did not like to do short-term operations very much. It was a waste of time and energy. Moreover, with the amount of funds Gu Junhao had now, it did not make much sense to buy tens of millions to participate in short-term speculation and compete with hot money.
Gu Junhao’s favorite operation method is to track a stock that he likes for a long time. When the stock is hovering at a low level, the turnover rate and trading volume remain at a certain level, then he will enter the position and wait.
To be precise, Gu Junhao prefers to do left-side trading. His current trading principles are all to prepare for this trading habit. Although there is no shortage of factors such as foresight in stock selection, specific transactions still follow normal thinking.
Memories of past lives certainly have certain advantages, as they allow one to know the approximate range of stock prices, but in stock trading, these are only an expectation, and during the trading process one still has to rely more on one's own trading system to make a profit.
Just like two people buying the same stock in the same period of time, with the same purchase price and holdings, their final returns will also be different, and one may even make a profit while the other loses money.
This is the specific trading process. This is also the charm of stock trading. It is full of great uncertainty and tests people's psychological endurance at all times.
On October 13, Longji Green Energy Technology Co., Ltd. once again stabilized its 60-day line with a strong and large-volume limit-up trend. The turnover rate increased to 5.49%, and the stock price was 11.69 yuan. After two consecutive limits, Longji Green Energy Technology Co., Ltd.'s stock price officially entered the rising mode.
At the price of 11.69 yuan, Gu Junhao's personal holdings made a profit of 23%, with a floating profit of more than 65 million yuan. Longji shares have basically left the cost area.
The performance of the Shanghai and Shenzhen stock markets in the first two trading days of this week was also very impressive. The Shanghai Composite Index surged 3.28% yesterday to break through 3,200 points, and ended the trading today with another increase of 1.38%.
The index closed at 3293.23 points. The ChiNext Index rose sharply during the same period. The small and medium-sized start-up sectors performed well. The two markets had a high money-making effect. Tonghuashun also hit the daily limit for two consecutive trading days, and its stock price closed at 52.37 yuan.
Tong Huashun is still facing the risk of delisting. In addition to the speculation of hot money, this round of continuous rebound is more dependent on its outstanding mid-term performance. Tong Huashun's net profit in the first half of the year was as high as 224 million yuan, an increase of more than 16 times.
Judging from the Dragon and Tiger List released today, the first to fourth buying positions are all from the Shanghai Stock Exchange Gang, and the second buying position is held by an old acquaintance of Gu Junhao, the Fushan Road Securities Sales Department.
The Fushan Road Securities Branch bought 44.97 million yuan today, and the four Shanghai Stock Exchange seats bought a total of more than 130 million yuan. It was another collective attack, the same routine, and the same two consecutive boards.
Referring to the first encounter between Fushan Road and Gu Junhao when they released the pledge, if nothing unexpected happens, the Shanghai Stock Exchange's pull-up this time will be quite crazy.
Last time it was a personal account that reaped the profits of Fushan Road, this time it was Junshi No. 2, which is quite interesting.
Home De Lisboa Holdings has also resumed trading, but nowadays, capital has apparently not yet become accustomed to this temporary special license operation mode. Home De Lisboa Holdings has been hitting the daily limit for two consecutive trading days since resuming trading on October 12.
The share price of Home Depot fell to 40.63 yuan, and the total transaction volume for two consecutive trading days was 220 million yuan, which is a world of difference compared with 1.55 billion yuan on September 24 before the suspension.
On October 13, the share price of Home De Lisboa Holdings was 40.12 yuan, officially challenging the 10-day line support level of the daily line. During the call auction, Home De Lisboa Holdings had active transactions, with a total transaction volume of more than 167 million yuan, which was more than the total transaction volume of the previous two trading days.
After the opening, buy orders of more than 10,000 shares quickly appeared in the green market for Home De Lis Co., Ltd., with a total purchase amount of more than 200 million yuan, which quickly pushed the share price of Home De Lis Co., Ltd. to above 42 yuan. In less than a minute after the opening, the share price rose by more than 4%, and the increase was close to 6%.
After two consecutive limit falls, there was an obvious rush of funds to buy into the shares of Home De Lisboa. In addition, the Shanghai and Shenzhen stock markets are facing adjustments today, so a rebound in these stocks is naturally more popular.
Today, the Shanghai Composite Index faces pressure at 3,300 points, and the ChiNext Index also faces pressure at the 60-day line and the 2,300-point integer mark. The two markets have entered a period of volatile adjustments. It is understandable that short-term funds with nowhere to go choose stocks like Home Depot to take advantage of the rebound.
At 9:34, the share price of Home De Lisboa was 44 yuan, up 8.27%. The share price began to enter a range of fluctuations, maintaining an increase of more than 5%. By 9:58, the purchase volume of nearly 70 million yuan pushed the share price of Home De Lisboa to 44.69 yuan.
After a brief opening, Home De Liss shares reported the daily limit all day, and then started the continuous limit mode just like before the suspension. In the remaining two trading days of this week, Home De Liss shares reported the daily limit all day, and the stock price continued to set a new historical high at 54.08 yuan.
Compared with the previous high of 51.99 yuan, Home De Lisboa Holdings has completed a breakthrough, and the rebound trend of the Shanghai and Shenzhen stock markets in October was also unusually strong.
By the end of Friday, the Shanghai Composite Index officially stabilized at the 60-day line of the week at 3391.35 points, with a weekly increase of 6.54%. The ChiNext Index surged 10.48% this week, with four consecutive positive weekly lines, and the index closed at 2449.03 points.
Tonghuashun has returned to investors' attention this week with five consecutive gains and a 61.07% increase in one week. The sentiment of hot money is very high. A stock facing the risk of delisting has risen so much. This is the current A-share market.
Even though he had bought Tonghuashun before, Cao Wenxun did not have much exposure to this stock. Only since he started trading it in recent months did Cao Wenxun truly realize the activity of this stock.
Tong Huashun is really very popular among hot money at the moment.
