[pre disk interpretation]
Under the factors of epidemic situation, war, inflation and so on, A-Shares have gone out of the smell of “Nancun group children bullying me and being old and powerless”. Last Friday, we failed to draw back twice, all relying on the positive expectation of reducing the reserve requirement. It is expected that the market will be weak. After all, if the disease goes away, it will take time and space to repair the disk. Being impatient, you can’t eat hot tofu.
On the disk, there were changes in several sectors. Finance and real estate were affected by the expectation of reducing the reserve requirement, while military industry was driven by military exercises and news from the sea of Japan. On the base note, tourism, coal and logistics are among the top. After adjusting for a certain increase, it will be normal. Although there are blue chips such as real estate and banks on the disk, individual stocks do not buy. If you look carefully, you can find that the recent adjustment range of 70% of individual stocks is much higher than that of the main board. In the current difficult market, or try to prefer the finance with low value and high dividend, whether it is good policy or valuation advantage, there is a high margin of safety in this direction.
Technically, the Shanghai stock index went out of the false positive line and was obviously subject to the 18th line. At present, the short positions of the three-tier indicators are arranged, and the long short boundary is also maintained below the zero axis. Although the bottom reading and top escaping indicators are red, on the whole, the market is short, and the weekly trend is downward. It is not suitable to increase positions blindly for the time being, and continue to control them below 50%.
In terms of strategy, the central bank said on Friday that it would cut the deposit reserve ratio by 0.25 percentage points, releasing a total of about 530 billion yuan of long-term funds. In fact, the RRR reduction has been expected. Now that the news has been implemented, we should be vigilant today about whether there will be a decline in sentiment after good cash. In short, the recent market trend is extreme, with real and false breaking, ceiling, floor and ceiling, violent lifting and so on. In operation, we should try to focus on low absorption and latency, and wait patiently for the torque to appear and the trend is clear.
[message face]
On April 15, the central bank announced an overall reduction of reserve requirement by 0.25 percentage points (excluding financial institutions that have implemented a 5% deposit reserve ratio), releasing about 530 billion yuan of long-term funds. After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.1%.
[short term hot spot]
On the afternoon of April 17, the State Council Information Office held a press conference on the construction progress of China’s space station. Hao Chun, director of China’s manned Changzheng Engineering Co.Ltd(603698) office, said that the construction of China’s space station was divided into two stages: key technology verification and construction, and six missions were planned respectively. The main goal of the key technology verification stage of the space station is to comprehensively break through the key technologies of the construction and operation of the space station. At present, through the implementation of six missions, the relevant key technologies have been comprehensively broken through.
On April 16, the Shanghai Municipal Commission of economy and information technology issued the guidelines for the prevention and control of the epidemic situation of industrial enterprises returning to work and production, which proposed that under the premise of compacting the main responsibility of enterprises and ensuring controllable risks, implement closed-loop management, effectively and orderly promote enterprises returning to work and production, and ensure the safety and stability of the industrial chain and supply chain. The first batch of enterprises to resume production include not only enterprises in key industries such as integrated circuit, automobile manufacturing, equipment manufacturing and biomedicine, but also many operation support and economic support enterprises.
