Although today's stock market appeared in the morning session, there was a certain low opening market, but it was immediately pulled up, but the good times were not long, not long after pulling up, the three major A-share indexes once again collectively went down, which can be described as a wave of three twists and turns.
From the perspective of the disk, today's hot plate is obviously agriculture, many agriculture-related plates have appeared a wave of obvious upward movements, at the same time, the concept of coal has also moved, but the biomedicine, medical equipment and other sectors fell ahead.
It can be said that the current Shanghai and Shenzhen stock market sectors are still in a situation of back and forth rotation, and the sustainability of hot plates is not high, in other words, the hot plates every day are not the same, and the funds have obviously begun to accelerate the rotation.
Therefore, in this case, it is difficult for the Shanghai and Shenzhen stock markets to brew up any big market, because the market has no leader, and there is no big hot spot to drive the bullish atmosphere, basically some old hot spots switch back and forth.
Today, the stock market fell collectively, the three major A-share indexes are in a downward trend, but at this time, the two major signals are coming, these two major signals are more important, then, what are these two major signals?
The first big signal, you can see, by the close, the Shanghai Composite Index fell 0.05% throughout the day, closing at 3194 points, the Shenzhen Component Index fell 0.5% throughout the day, closing at 11633 points, and the ChiNext board fell 1.38% throughout the day, closing at 2453 points.
It can be said that the three major A-share indexes are in a downward trend today, but it is very surprising that today, although the index has fallen, the number of individual stocks rising is more, especially in the ChiNext board.
The data shows that today, when the ChiNext board fell by more than 1%, the number of rising stocks reached 643, while the number of falling stocks was only 463, and it is clear that the number of rising stocks is greater than the number of falling stocks.
That is to say, today's ChiNext board is only falling indices, while individual stocks are generally rising, why is this happening? In the author's opinion, it is mainly because of one point, that is, the weighted stocks have brought the index down.
Because most of the more than ten weighted stocks with a market value of more than 100 billion yuan on the ChiNext board today are in a downward trend, the impact on the index is extremely great, including the Shanghai Composite Index, although it fell today, but the situation on the disk is not bad.
In fact, on the other hand, the overall price-earnings ratio of many small and medium-cap stocks is already at a historical low, so the market will appear this kind of falling index, and the general rise of individual stocks may also be a normal situation in the stock market.
The second biggest signal, today from the rise and fall of the words, in fact, the Shanghai and Shenzhen stock markets appeared to be polarized market, which is also mentioned by the author before, the Shanghai Composite Index appears to be very resistant to falling, the decline throughout the day is very small, and the Decline in the ChiNext Board is not small.
Mainly because, at present, the Shanghai Composite Index is already near the 900-day moving average, so there is a large support, and the ChiNext board is still a certain distance from this long-term strategic moving average, so it will continue to oscillate downward.
This point has been emphasized by the author before.
The situation of the Shenzhen Index is more special, the Shanghai Composite Index is at least oscillating at the 900-day moving average, while the Shenzhen Component Index has been running along the 900-day moving average for 7 consecutive trading days, and has not broken through, nor has it been far from this moving average.
The volatility of the Shanghai Composite Index on this moving average is even greater, but the ChiNext board has still not yet run to this moving average, so the polarization of the Shanghai and Shenzhen stock markets is estimated to continue.
At least, in the author's opinion, this may be a normal state of the year, and the bottom line of A shares is likely to be near this moving average, at least, the three major A-share indexes are difficult to effectively fall below this moving average, which is the key.
Therefore, in summary, today's stock market collective decline, at this time, two major signals hit, these two major signals can show that the market has run to this stage, has begun to differentiate, whether it is an index, or individual stocks will continue to maintain this state of differentiation, which is a main theme of the next stock market.