When the periphery fell sharply last Friday, our A shares opened low and went up, and finally all the red markets in the two cities closed. The main board rose slightly by 0.04% and the gem rose by 0.72%. In the weekly strategy, we stressed that today’s low opening is an opportunity. Our view of Shanghai Stock Exchange is that 3500-3020 is a low absorption opportunity. Today’s minimum is 3500 points, and the point we gave on the gem is near 3100 points, The lowest today is 3010. From the market performance on Monday, it is going exactly as we predicted. In terms of trading volume, today’s trading volume of the two cities is low. As this week is the last week before the Spring Festival, the shrinking of market volume is completely understandable. After successive adjustments, the market’s long popularity is limited. With the advent of the long holiday, many funds have entered the state of the new year. It is expected that the trading volume of the market will be relatively limited before the whole Spring Festival, so there are opportunities, It should be the structural opportunity of stock; On the performance of individual stocks, there are 420 stocks with an increase of more than three points and 447 stocks with a decrease of more than three points in the market today. The market differentiation is obvious. Choosing the right direction has a strong effect on making money. Choosing the wrong direction is to eat cold noodles. However, if we follow our weekly strategy tips, it is estimated that most of them are happy, because the direction of our weekly strategy tips is the direction of strong market recently. On the sector, today’s highlights are mainly salt lake lithium extraction, digital currency, scenic spot tourism, etc. today, we will focus on salt lake lithium extraction, which is not mentioned in the short term. Due to the strong policy support of new energy vehicles and the high landscape, lithium is the top priority. Before there is no new technology, lithium batteries are still the mainstream, Recently, lithium prices have continued to rise, with the focus of foreign investment. For relevant companies with lithium resources, the upward valuation is inevitable. From the strength of today’s sector rise, it should have a certain sustainability. If there is differentiation in the short term, low connection can be considered.
Finally, in a brief summary, before the Spring Festival, the index is easy to rise, the reasons are fully adjusted, the continuous inflow of foreign capital, the superposition of fund dividends is coming to an end, and the pressure of position adjustment has dropped sharply. Just need to emphasize that due to the limited funds before the year, the probability of strong index market is very small, and it is mainly structural market. For the specific direction, please refer to our weekly strategy:
Digital economy + new infrastructure: (computer oriented)
5g infrastructure, industrial Internet, big data center, intelligent manufacturing, information innovation, network security, power Internet of things, artificial intelligence, Internet of things, etc
Logic: China’s economy is in the stage of transformation to high quality. The preference of funds for high-tech growth stocks in 22 years will not change. The cumulative increase imposed by the scientific and technological attribute of new infrastructure is limited. The expectation of a good start of the economy in the first quarter is strong, and the investment in new infrastructure is expected to be strengthened.
Special purchases for the Spring Festival: China’s home furnishing market, the external consumption and the external market, and the external consumption of the new products. The consumption of large quantities of consumer goods is worth paying close attention to, especially for household consumer goods: beer, Baijiu, food processing and manufacturing, chicken raising, pork, clothing home textiles, etc.
Add: the low-level consumer stocks damaged by the epidemic (hotels, airports, scenic spots, tourism, etc.) should also have repair opportunities in the short term.
Financial real estate and real estate chain + traditional infrastructure blue chip: the corresponding index is: securities, insurance, banking, real estate, building materials, cabinets, household appliances, etc; Logic: end of worst-case expectation + repair of undervalued value + stable economic expectation + ample liquidity.
