美联储要花2000亿？买股票得看这事

Core Viewpoint - The Federal Reserve's announcement of over $200 billion in "reserve management purchases" is seen as a signal of market changes, but the real determinant of stock price movements is the active trading behavior of institutional investors rather than the news itself [1][9]. Group 1: Institutional Trading Behavior - The significant price increase of Vitamin D3 from 56 yuan/kg to 265 yuan/kg (a 360% increase) did not uniformly benefit all related stocks, with 23 out of 73 stocks declining, highlighting that institutional trading activity is crucial for stock price movements [4][5]. - Institutional investors' early engagement in trading can lead to substantial stock price increases even before positive news is released, as demonstrated by a specific vitamin stock that saw its price double after institutions began trading before the price hike announcement [5][7]. - Conversely, stocks that did not see early institutional activity failed to benefit from subsequent positive news, with one stock's price halving despite the announcement of favorable conditions [7][9]. Group 2: Importance of Monitoring Institutional Activity - The $200 billion from the Federal Reserve serves as a market signal, but the focus should be on whether institutions are actively trading the stocks held [9]. - A case study illustrates that an investor lost 30% by purchasing a stock without institutional activity despite positive news, while another stock with active institutional trading yielded a 20% gain, emphasizing the importance of monitoring institutional engagement [9]. - The market does not always react positively to good news or negatively to bad news; the key is to identify stocks with active institutional trading, which can be facilitated by data tools that reveal trading characteristics [9].