I. Market Review
At this stage, the index, high-level varieties fall + low-level varieties start, and the market switches between high and low; It is difficult to continue to take the positive line. If a sector rushes higher, the probability is the high cashing point rather than the layout point.
II. The adjustment of heavy profit taking varieties such as infrastructure yesterday is the release of emotion. The overall focus of short-term market speculation has fallen. Pay attention to the differentiation of individual stocks.
III. today’s news:
1) [macro] the chairman of the Federal Reserve said last night that the Federal Reserve widely supports raising interest rates by 50 basis points at the next two meetings, which is in line with expectations;
2) [digital economy / platform Economy] on May 17, the high-level held a special consultation meeting on digital economy, saying that we should constantly strengthen, expand and optimize the digital economy and support the sustainable and healthy development of platform economy and private economy.
3) [automobile] the rural automobile policy is expected to be introduced in early June, with a subsidy of Dingli Corp.Ltd(300050) 00 yuan for automobiles (fuel vehicles and electric vehicles) less than 150000 yuan.
4) [semiconductor equipment parts] on May 17, with the substantial increase in the demand for semiconductor equipment, the delivery time of advanced parts required for semiconductor manufacturing equipment has been more than twice longer than usual; The semiconductor industry continued to enjoy a high boom.
Investment strategy: the strong infrastructure in the market made up for the decline sharply, and the market risk was released significantly; The stable growth market focuses on investment + consumption, in which the automobile at the consumer end accounts for more than 10% of the social retail sales. In the short term, it is suggested to continue to grasp the opportunities of automobile related industries; In addition, high-end manufacturing industries such as semiconductors, photovoltaic and lithium batteries can continue to be tracked.
