Small adjustments in the overall market and turning signals again
After falling for three days in a row, the market opened high on Wednesday and rose in shock, and became stronger and stronger. At the end of the day, it still had a rapid upward trend. Closing three thousand and forty-four Point, up twenty-two Take out a small positive line and send out the signal of ending small adjustment and turning upward.
From the perspective of medium-term operation trend, the first three waves of adjustment increase step by step, and the lowest reaches two thousand nine hundred and eighty-four Point. The adjustment amplitude of the fourth wave starts to decrease, with the lowest detection two thousand nine hundred and ninety-five Point, and then set a new high three thousand one hundred and two Point. The fifth wave of small adjustment now only touches three thousand and sixteen The strength of downward exploration is further reduced, which shows that the upward trend of medium-term volatility in the market has been established, and the market is expected to rise effectively three thousand and one hundred The probability of points increases.
The reason why Xiao Yang stopped the decline on Wednesday was that the counter attack was not big enough. The trading volume of the two cities could be relatively small. Only a deal was made seven thousand nine hundred and fifty-four Billion. The reason for the smaller scale of counter attack and the lower capacity is that the banks in the weighted sector are in the process of shrinking adjustment, while the small and medium-sized enterprises dominated by science and technology are showing signs of large-scale. This indicates that the market is more confident and will not affect the continuation of the market rebound.
The market news is more favorable. First, foreign investment continues to be more positive, believing that China's economic recovery is improving and policies are gradually effective A The stock valuation level is low. It can be expected that more long-term foreign-funded institutions will increase their investment in China as the relevant departments continue to expand cross-border market connectivity channels, support overseas institutions to invest in domestic technology-based enterprises, optimize the environment for overseas institutions to invest in domestic bonds and other measures continue to release their policy effects.
Second, many insurance institutions believe that China's stock market has entered an attractive valuation range that meets the needs of insurance fund allocation. Insurance funds are long-term funds. When the market is undervalued, you must have the courage to buy on the left, and it is timely to moderately increase the equity allocation ratio. It is believed that three thousand The strong support of "point and line" is due to the layout of large capital institutions to copy the bottom.
Third, the central Huijin, which plays the role of the stabilization fund, made a big purchase ETF At the same time, six major state-owned banks also invested more in "real gold and silver" AI Investment and research. from two thousand and twenty-three According to the annual report data, the total investment in science and technology of six state-owned big banks one thousand two hundred and twenty-eight point two two RMB 100 million, with year-on-year growth 5.38% 。 The joint-stock banks showed no weakness, China Merchants Bank 、 CITIC Bank The scale of scientific and technological investment has reached one hundred and forty-one point two six 100 million yuan one hundred and twenty-one point five three 100 million yuan; CITIC Bank 、 Minsheng Bank The year-on-year growth rate of science and technology investment is as high as 38.9% 、 27.19% 。 The massive investment of financial institutions is also increasing the expectation of the long-term improvement of the market.
Of course, the current market is still in the stage of recovery, and the differentiation of individual stocks is serious. The operation should also avoid risks. Pay special attention to avoiding some problem stocks and stocks with declining performance, such as Vaccine Mao Zhifei Biology, Lithium Leader Tianqi Lithium Industry, and PV Leader Tongwei Shares, all suffered deep declines due to declining performance. However, the technology concept stocks that have performance support and are still at the bottom have strong starting signs and deserve close attention.
