Market Overview
The market has “collapsed” again, with the Shanghai index down 1.35%, the Shenzhen composite index down 2.07%, and the gem down 3.66%. More than 3300 companies in the two cities have fallen. The gem is close to the expected 2350 point. Today, it is mainly due to the impact of the performance thunderstorm of the leading photovoltaic inverter Sungrow Power Supply Co.Ltd(300274) and the end of April is the final disclosure period of the first quarterly report. The individual stocks that have not been disclosed so far have the risk of thunderstorm, so the performance line needs attention in the near future.
From the perspective of market trading volume, the current market confidence is still in a relatively fragile and depressed state, and the market confidence needs to be restored. However, the market is still in the stage of structural rebound, and continue to pay attention to the opportunity of oversold rebound.
On the one hand, yesterday’s article “there is a” heavy signal “, tomorrow’s a shares…” As mentioned, at present, some private placement positions have fallen to a reasonable level. By the end of March, the position of private placement funds has fallen to about 58%. Institutions have fully reduced their positions in the track. According to the historical law, the position of private placement institutions has fallen to about 60%, which often only appears in the large bottom stage.
On the other hand, the current stock index has stepped back on the bottom of the medium-term shock range again. From the perspective of fundamentals, both monetary policy and economic trend have gradually bottomed out. Naturally, opportunities outweigh risks. In terms of operation, we continue to control position participation. At present, we can still absorb low near 31603150.
On the whole, the market is at the end of the second dip. Some funds, such as funds with light positions, begin to have the ability to increase their positions again. When there is an inflection point depends on when “market confidence” is repaired, because confidence is more important than gold at this stage.
The money making effect on the disk is still the main line of consumption recovery after the epidemic, such as large consumption, agriculture and other branches, which is also a direction with high certainty in the near future. Due to the negative year-on-year growth of the total retail sales of social consumer goods in March, the follow-up strong consumption policy is expected to be introduced.
Market Overview
(risk warning: there are risks in the stock market, so investment should be cautious. The above contents are only for investors’ reference and are not used as the basis for investment decision-making.)
