商业航天有利好？先看机构在干啥

Core Viewpoint - The article discusses the importance of understanding institutional trading behavior rather than solely relying on news to make investment decisions. It emphasizes that institutional actions can significantly influence stock price movements, regardless of the news being positive or negative [1][9]. Group 1: Institutional Trading Behavior - Institutional trading can be categorized into four types: red bars indicate active buying (bullish), yellow bars indicate profit-taking (bearish), green bars indicate active selling (bearish), and blue bars indicate short covering (bullish) [4][12]. - An example is provided where a stock's price fell from 15 to 12 despite initial gains, attributed to institutions selling off shares while appearing to drive the price up [3][6]. - Conversely, during negative news, institutions may buy shares at lower prices, as illustrated by a stock that rose from 8 to 14 after an initial drop due to disappointing earnings [6][10]. Group 2: Importance of Data Analysis - The article stresses the need to analyze trading behavior data to interpret institutional intentions behind news events, rather than treating news as a direct trigger for price movements [9][10]. - It suggests that investors should focus on whether institutions are actively buying (red bars), taking profits (yellow bars), or accumulating shares during downturns (blue bars) to gauge market sentiment [10][12]. - The use of data tools is recommended to avoid being misled by superficial market movements, similar to assessing the freshness and price of vegetables in a market rather than relying on a vendor's claims [10][11]. Group 3: Market Confidence and Direction - Confidence in investments should stem from understanding institutional actions rather than merely reacting to news [13]. - The article highlights that positive news does not guarantee stock price increases; the actual movement depends on institutional participation [11][13]. - It concludes that successful investing is about recognizing the direction of institutional funds, which can lead to profitable outcomes even if the timing is slower [14].