Core Viewpoint - The article emphasizes the strong performance of the market, particularly the rebound of the ChiNext and STAR Market indices, indicating a robust bull market that is unusual compared to previous trends [1]. Market Performance - The average stock price index briefly fell below the TR holding line but showed a strong recovery in the afternoon, suggesting a significant rebound [1]. - The afternoon rebound mirrored the previous day's decline, indicating a notable recovery strength [1]. Technical Analysis - The 200-day moving average serves as a critical boundary, with the index touching this level for the third time since early June, leading to increased volatility and profit-taking [2]. - The market is currently experiencing a natural increase in divergence due to the rise in profit-taking [2]. Leading Sectors - The leading sectors include optical connections, semiconductors, PCB, and rare earths, highlighting the importance of focusing on main lines during a bull market [4]. - The article warns against deviating from main lines in stock selection, emphasizing the need for a strong belief in investment models to maintain a positive mindset [4]. Investment Models - The article discusses the significance of having a model belief system in stock selection, which helps narrow down choices and maintain confidence [4]. - It mentions that the process of developing a model belief is lengthy and involves reflection and perseverance [4]. Stock Signals - New signals have emerged for stocks such as Yingwei and Dongxin, indicating potential investment opportunities [10]. - The article notes that the model used for stock selection has a limited capacity, averaging about one stock per day over the past two months, but has shown a good success rate [12].

Core Viewpoint - The average stock price index has reached a designated position, indicating a high probability of adjustment, which may take the form of sideways fluctuations or patterns such as flags or bowls, lasting approximately 1 to 3 months or even longer [1]. Group 1 - The average stock price index has formed a converging triangle over the past decade and has now reached the upper trend line, suggesting a likely reversal unless a significant breakout occurs after a consolidation phase [2]. - The Shanghai Composite Index's upper trend line connects the peaks of 6124 and 5178, representing the two largest bull markets since the 21st century, indicating a significant directional choice at the end of this converging structure [3]. - The daily K-line movement shows a long bearish candle following two gaps in a single upward trend, which theoretically responds to the monthly structure, suggesting that investors should remain calm as the leading sectors have shown resilience [4].

Group 1 - The article discusses the updated OVS indicator, which is essential for defining blue-green diamonds and volume riding points, and emphasizes the importance of using PV2, PV3, and OV3 for identifying momentum values [1][2] - Despite a strong market performance, the article suggests that low-buying strategies are more reliable, with recent operations yielding satisfactory results [1] - The article highlights two lithium mining stocks that have recently shown green diamonds, indicating potential investment opportunities [3] Group 2 - The article advises sticking to familiar and manageable trading patterns, noting that the logic behind rapid volume reduction is clearer and more reliable [4] - It mentions that there are signals in liquid cooling technology, although there are concerns about uncertainty due to high turnover rates, citing specific stocks like Strong瑞技术 that experienced volatility [4] - The article also references Linyi Smart Manufacturing, which showed signals but lost them after breaching certain constraints, indicating ongoing emergence of high transaction volume models [6]

Core Viewpoint - The article emphasizes the importance of momentum indicators in identifying market trends and potential investment opportunities, particularly focusing on the VAD and OVS indicators for different time frames [1][2]. Group 1: Medium-Term Momentum Indicators - The selection of medium-term momentum indicators should prioritize their divergence characteristics to effectively determine wave turning points [1]. - The VAD indicator, derived from Williams' accumulation/distribution line, integrates both price and volume factors, showcasing the relationship between price momentum divergence and volume-price divergence [1][2]. Group 2: Short-Term Momentum Indicators - A more reasonable short-term momentum indicator should consider the combination of volume and price, as trend traders emphasize the matching relationship between the two [2]. - The OVS indicator is defined as the product of price change and transaction amount, reflecting the monetary effect during trading [2]. - In the "Beast Momentum System," VAD, OVS, RSR, and RSLine are equally important, each representing core logic for different stages and cycles of momentum [2]. Group 3: Indicator Formulas - The OVS indicator formula includes components such as price efficiency ratio and daily price change, which are essential for calculating the indicator [2]. - The VAD indicator formula calculates the cumulative effect of price changes relative to the previous closing price, adjusted for transaction volume [5][6].

Core Viewpoint - The article discusses the recent changes in stock selection models, highlighting an increase in the number of selected stocks and a significant rise in success rates, raising questions about the underlying factors influencing these trends [1][2][6]. Group 1: Stock Selection Changes - The number of stocks selected has decreased from 43 to 35, with a success rate increasing to 68% since June 23 [1]. - The recent year has seen a surge in selected stocks, surpassing the total from the previous three years, indicating a potential shift in market dynamics [2]. - The key filtering condition for stock selection is the "OVS" (On Volume Surge), which has shown that previous bull markets had lower OVS values, contributing to fewer selected stocks [2]. Group 2: Market Dynamics and Trading Behavior - The increase in stock selection and success rates may be attributed to changes in trading behavior, possibly influenced by the rise of quantitative trading [2]. - The recent two-month period has seen a notable increase in the number of successful trades, suggesting a possible phenomenon of market crowding due to high short-term capital density [2][7]. - Historical data indicates that previous bull markets did not exhibit similar patterns, suggesting that the current market conditions may be unique [2]. Group 3: Performance Metrics - The performance of selected stocks varies significantly across different market phases, with success rates ranging from 10% to 68% in various historical contexts [3]. - Specific groups of stocks have shown varying success rates, with the first group (2012-2015) having a 29% success rate and the most recent group (2025) achieving a 68% success rate [3]. - The model's effectiveness remains uncertain, with historical backtesting indicating potential limitations in its application [6].

Core Viewpoint - The article discusses how to identify low-entry opportunities during market pullbacks and fluctuations using momentum principles, specifically focusing on the RSline bottom divergence state as a key indicator for potential price increases [1][3]. Group 1: Methods for Identifying Low-Entry Opportunities - Two previously introduced methods assess the exhaustion of bearish forces during pullbacks: one evaluates price fluctuations, while the other assesses the degree of volume-price contraction [1]. - A third method is introduced, which purely evaluates from a momentum perspective, emphasizing the importance of RSline bottom divergence [1][3]. Group 2: Understanding RSline Bottom Divergence - The RSline indicates relative strength and can show a rising trend even when stock prices are declining, which constitutes a bottom divergence structure [3]. - This bottom divergence can be quantified by calculating the difference in slopes between the RSline and the stock price, allowing for a clearer identification of potential low-entry points [3][5]. Group 3: Practical Application and Indicators - Specific characteristics of low-entry points include a positive red divergence value for RSline and a negative slope for stock prices, indicating potential buying opportunities [5]. - Conversely, when the green line peaks and reverses, it signals a short-term selling opportunity, highlighting the importance of using larger time frames for trend assessment [5].

Core Viewpoint - The article emphasizes the importance of focusing on leading stocks in a bull market and avoiding distractions from less significant stocks, suggesting that a multi-line structure is essential for the second phase of a bull market [1]. Group 1 - The bull market is characterized by a concentration of hot money in a few leading sectors and stocks, with significant price movements observed in industries such as semiconductor, PCB, and innovative pharmaceuticals [1]. - The market sentiment has shifted from a fluctuating state to a more stable and positive range, indicating a healthy market environment since June [1]. - The article advises investors to maintain a broad perspective and focus on the direction of the market rather than getting caught up in the minutiae of stock selection [1][3]. Group 2 - The article notes that predicting daily stock movements is challenging, and it is more effective to concentrate on the details of leading stocks as long as they do not break critical support levels [3].

Core Viewpoint - The article highlights the significant stock selection based on two key market nodes, indicating a strong influx of capital into the market since June 24, 2023, with a total of 52 stocks identified from April 8 and 43 from June 24, showcasing a bullish trend in the market [1]. Summary by Sections Stock Performance Analysis - From the 52 stocks identified after April 8, there were 79 signal points generated, with a success rate of approximately 59%, indicating a favorable investment environment [1]. - The performance of selected stocks includes notable gains, with some stocks showing significant price increases, such as: - Giant Network (002558) with a 20-day increase of 26.88% and a market cap of 35.66 billion [2]. - Guidance (300803) with a 20-day increase of 53.09% and a market cap of 49.55 billion [2]. - Longxin Group (300682) with a 20-day increase of 11.77% and a market cap of 12.79 billion [2]. Sector Breakdown - The stocks are categorized into various sectors, with significant representation in technology and communication: - Communication sector stocks like New Easy Win (300502) showed a remarkable 20-day increase of 58.30% with a market cap of 232.49 billion [2]. - Semiconductor sector stocks such as Cambricon (688256) demonstrated a substantial increase of 84.64% with a market cap of 2517.53 billion [2]. Additional Insights - The article provides detailed performance metrics for individual stocks, including volume and moving averages, which can be useful for further analysis and investment decisions [4][5][6]. - The overall market sentiment appears positive, with many stocks showing strong upward momentum, suggesting potential investment opportunities in the current market environment [1].

Core Viewpoint - The article discusses the "stacking volume" strategy in stock trading, emphasizing the importance of identifying strong bullish signals during market trends, particularly in the second phase of a bull market where stocks tend to rise significantly [6]. Group 1: Stacking Volume Strategy - The "stacking volume" strategy involves buying during the gaps of strong stocks that are in a horizontal consolidation phase, focusing on the underlying principles rather than specific signals [6]. - In a bull market led by institutions, waiting for deep corrections is considered a flawed strategy, as once a trend is established, stocks can rise rapidly and significantly [6]. Group 2: Market Signals and Data - The article provides various technical indicators and data points for different stocks, including VWA (Volume Weighted Average) and RSL (Relative Strength Line) metrics, which are crucial for identifying potential buying points [2][3][4]. - Specific stocks mentioned include "Shutai Shen" and "Gengshengtang," with detailed trading data such as volume and price points, indicating their current market status and potential for upward movement [2][3][4].

Core Viewpoint - The article discusses the construction of a true cost price curve using cumulative transaction amount divided by cumulative transaction volume, emphasizing its accuracy compared to traditional methods [1]. Group 1: Volume-Weighted Average Price (VWAP) - The article introduces a new formula for calculating VWAP using cumulative transaction amount (AMO) and price (C), which is expressed as SUM(AMO*C,N)/SUM(AMO,N) [1]. - This VWAP formula is designed to be more sensitive and reliable than traditional volume-weighted methods, especially when accounting for stock splits and other corporate actions [1]. Group 2: Standardized Strength Calculation - A new standardized strength formula is proposed, replacing the arithmetic mean price with the volume-weighted price, resulting in VWAP and standard deviation (STDD) calculations [1]. - Two output methods are provided: one using the weighted price as the divisor for deviation and another using standard deviation for normalization [1]. Group 3: Relative Strength (RS) Calculation - The article extends the VWAP concept to calculate a relative strength line (RSLine), which is claimed to be more reasonable than popular moving average methods [4]. - The RS calculation is defined as CLOSE/INDEXC, with a volume-weighted RS (VWRS) formula introduced for enhanced accuracy [4]. Group 4: Output Comparison - The article notes that the output from the new calculations is consistent and stable when configured as a Relative Strength Ratio (RSR) [2]. - It highlights the effectiveness of using volume-weighted prices in producing reliable output compared to traditional methods [2].