First, the flow of stock funds.
Where does the money flow? Capital flow index is expressed as "MFI", which is the abbreviation of money flow index. For example: at 9: 50 minutes, if the index of a certain sector is higher than the previous minute, then the turnover at 9: 50 minutes is regarded as capital inflow, otherwise it is regarded as capital outflow, and if the index has not changed compared with the previous minute, it is not counted. Calculated once every minute and summarized once a day, the difference between capital inflow and outflow is the net capital inflow of the day.
The relationship between stock capital flow and stock price: generally speaking, whenever there is a large amount of capital inflow, the stock price will continue to rise; Any stock whose capital keeps flowing out, its share price will gradually fall.
How to check the capital flow of stocks? Users can log on to some financial websites for data query. For example, Oriental Fortune Network, the following is the data of stock capital flow intercepted by this network since mid-June:
Second, what do you think of the flow of stock funds?
The stock capital flows are divided into main net inflow, super-large net inflow, large net inflow, single net inflow and small net inflow concentration types.
What is the net inflow of funds? The calculation formula of net capital outflow: inflow capital-outflow capital. If it is positive, it means a net inflow of capital; If it is negative, it means a net outflow of capital. The turnover when rising is counted as inflow funds, and the turnover when falling is counted as outflow funds.
1, which has the conditions for market launch (hot money entering the market), observes the capital flow hotspots from the turnover: the top 20 to 30 stocks in the daily turnover (turnover) list are the capital flow hotspots, and the key point to be observed is whether these stocks have similar characteristics or are concentrated in a certain sector, and whether they occupy the trading list for a long time (the length of half a day, one day, three days, etc. is proportional to the strength of attracting funds).
It should be noted here that it is not a large amount of capital flow that makes the stock more popular. When the market turnover is relatively low, some large-cap stocks occupy the forefront of the transaction list, but the turnover of these stocks has not been significantly enlarged, indicating that the market is not hot at this time, but it does not mean that the capital flows are concentrated.
2. Pay attention to the volatility of capital flow in stock selection. Observe the fluctuation of capital flow from the price list: the entry of large funds (usually what we call institutional investors or main funds) is different from the entry of idle small funds. Large funds are better at exploring investment varieties with growth space (from the chart, they entered at a relatively low level), and whether the hot money is concentrated in the market depends more on whether the market is good at that time. Therefore, from the perspective of the disk, the stocks in the plate are dynamic, and the time for large funds to enter and leave the market is earlier than the average time for small funds to enter and leave.
How to find out that the main force has started? Look at the ups and downs list: the stocks that initially start the market (with the highest increase and enlarged trading volume) often have the best demonstration effect. If you don't buy leading stocks, buy stocks that are similar to leading stocks but haven't risen sharply (from the perspective of trends and sectors), because funds are dynamic, you must remember. The main force can only do sedan chair work, not liberation work. The other is to see if the top stocks in the decline list have risen in the past two days, and whether the turnover in these two days is relatively large. If so, it shows that the popularity has gathered, and the funds to follow suit are more firm, which is conducive to the sustainable development of the market. Of course, the decline in trading volume after a sharp rise is not included.