Today, the stock indexes of the two cities opened slightly lower, and then went down all the way unilaterally to close at noon; In the afternoon, the inertia of the stock index fell and came out of the slow recovery market after 13:30; Disk hot spots: cloud games, gambling concept, IP realization, prefabricated dishes, banking, transportation facilities, tourism, sports concept and other sectors performed well, and all other sectors turned green; Overall: today’s market showed a sharp decline, and the gem was weaker than the main board.
Gem has always been our focus. Since 2019, this sector has become the champion among the indexes in the trend rising market of a shares. Of course, this rising process is not achieved overnight. It has also experienced many twists and turns, including three large retreats: after April 25, 2019 and February 25, 2020, And the rapid downward trend after February 18, 2021.
In the past three times, the gem fell sharply, and the second fell to the bottom to the annual line, that is, the annual line is the downtrack of the rising trend of the gem. As long as the gem composite index runs above this trend line, the sector is in a benign state. This problem has been clearly stated in our article before New Year’s day, so investors don’t need to panic too much, As long as you have your own logic and principles, the fluctuation of gem will not bring you too much trouble.
Looking at today’s disk performance, there has been a major adjustment in the market, the decline of major indexes is relatively large, and the decline of gem is larger. However, as the gem composite index is still above the annual line, today’s decline can not have an impact on the medium-term trend. There are about 50 trading boards in the two cities, which is significantly lower than yesterday. However, the mainstream hot spots are more obvious, that is, yuancosmos and hydrogen energy, especially yuancosmos plate. Both the number of strong stocks in the plate and the increase of individual stocks in the plate are significantly stronger.
To sum up: today’s market has been greatly adjusted, but the medium-term trend of the market has not changed, nor has it restricted the activity of the structural market. It shows that any adjustment at the index level is an opportunity for the main funds to change cages and birds and adjust positions, rather than the performance of funds out of the stock market, because if this business is to continue, there must be new hot spots attracted by the main forces, The mainstream hot spots that soared last year will weaken in the medium term.
(Xiangcai securities)
