Today, the stock indexes of the two cities opened higher in the middle, followed by three waves of sawtooth decline. After seeing the lowest point of the whole day at 11:17, they rebounded to close at noon; In the afternoon, the stock index rose rapidly and continued to rise sharply. After 14:20, the sideways market was sorted out to the final market; Disk hot spots: electronic ID card, lithium mine, East digital West computing, solid-state battery, smart government, RCS concept, sodium battery, gallium nitride, hotel catering, tourism, securities and other sectors performed very strongly; Generally speaking, today's market shows a sharp rise after suppression.
From the perspective of investors, we don't think it will bring us great opportunities from the perspective of panic. In other words, although the index fell sharply, we prefer to think about the direction in which opportunities will come from?
Because of this, In our blog post on March 14, "the more the epidemic spreads, the greater the medium-term opportunities for the three swordsmen to stabilize the economy", we made it clear: "although covid-19 concept stocks have been active for some time due to the epidemic, in the medium term, the troika of stabilizing the economy (Digital economy, population strategy and infrastructure) We still need to maintain strategic attention, because the larger the epidemic, the stronger the will and internal motivation to stabilize the economy. "
Looking at today's disk performance, the market continued to adjust in the morning, while the stock index suddenly rose sharply in the afternoon, and all sectors rose sharply. Another one-day V-shaped reversal was staged. There were more than 160 trading boards in the two cities, and the Hang Seng technology stock index rose as high as 20% in Hong Kong stocks. The reason is that the financial stability and Development Commission of the State Council held a special meeting to study the news stimulation of the current economic situation and capital market problems. This news, like a shot in the arm, has greatly encouraged the capital market and played a great role in confirming the bottom of the market.
It can be said that the one-day surge has raised investors' expectations for the bottom. However, Fan Bo of Xiangcai Securities believes that the market will be divided after the one-day surge, but no matter how the market fluctuates, the strategy of locking the main line is necessary, because if you don't lock the main line, even if the market rebounds, your stock may not have a good performance, We believe that the stable economic direction headed by counting East and West is the main long pioneer in the later stage.
To sum up: the market staged a super V-shaped reversal. Of course, our view is to be positive and long, but we need to have a clear understanding of the main hot spots, which is the focus of your super excess return.
