Outlook:
The index fluctuated on Tuesday, with a slight net outflow of funds from the north. The three major indexes opened at a low level. They all fluctuated downward in the morning, and the gem index once fell by more than 4%. In the afternoon, the decline of the index narrowed, the Shanghai index turned red, and the trend warmed up. Finally, the Shanghai index rose, while the Shenzhen index and the gem index fell. Individual stocks rose more or fell less, coal, comprehensive, social services, steel, utilities and other sectors led the rise, while power equipment, electronics, food and beverage, automobile, medicine and biology and other sectors showed a weak trend. In terms of market environment, according to the national development and Reform Commission, since the third day of the first month, coal production in various regions has rebounded rapidly, and has basically returned to the pre holiday level. The coal storage of national unified dispatching power plants remains above 165 million tons, an increase of more than 40 million tons over the same period last year. With the accelerated recovery of coal production, the demand for coal in superimposed heating season has decreased, and the guarantee capacity of coal supply will be further enhanced, driving the strength of the coal sector. From the technical point of view, the trend of the index is obviously differentiated. The stability of blue chips drives the V-shaped reversal of the Shanghai index, while the performance of new energy and other sectors is weak, dragging down the shock callback of the gem index. However, more than 3600 stocks in the two cities are popular, highlighting the resilience of the market. Considering that the current overall A-share valuation is reasonable and the steady growth policy has gradually formed a joint force, it is expected that the market is expected to gradually stabilize and rebound, and pay attention to the gains and losses of the annual line and the rotation of the sector. In terms of operation, it is suggested to pay attention to finance, steel, coal, household appliances, building materials, building decoration and other industries.
