Last Thursday and Friday, the A-share market opened a five-day holiday, the FTSE A50 index fell, and all parties seemed to reach a consensus, that is, friends who were worried about A-shares would pay. Today, the three major stock indexes opened lower without surprise. At about 10:45, the stock index rebounded to close at noon, when everyone thought that they could sing and dance again, the Shanghai Composite Index continued to fall in the afternoon, closing at 3150.62 points, and the market took a roller coaster. ①
(Source: Tencent Stocks)
In terms of sectors, the outflow of the technology sector continued, with computer applications, media and other industry sectors falling by more than ten points in two trading days, the trend strategy efficiency of the technology sector decreased, and the trading efficiency of grid strategy improved.
Although the broader market fell sharply, the new energy direction performed well. The power sector rose 3.71%, and the auto sector even soared as much as 3.57% in early trading. In fact, last Wednesday, the car had an intraday rush, but it failed to resist the pressure of market adjustment at that time, and today it rushed higher again, which means that there are funds hoping that the car will rise away from the chip-intensive area. ②
The reason for the rise of the power sector is very simple, that is, the weather is hot, and the surface temperature of many sites in Shandong, Hebei Province has exceeded 70 °C, and the logic of the El Niño effect has been confirmed. When fund managers, private equity CEOs, and traders leave the air-conditioned room to feel the high temperature, the continuous high temperature has become a theme background board that cannot be ignored in the capital market.
In the power sector segmentation, thermal power rose more strongly than new energy power generation. Market interpretation may be so, June to September is the peak period of electricity consumption, hot weather has produced the possibility of electricity consumption exceeding expectations, and thermal power can make up for the shortfall faster than other power generation.
Recently, it is mainly the continuous high temperature in Beijing-Tianjin-Hebei in the north, because the south is in a rainy period, showing a hotter pattern in the north than in the south.
(Data source: China Meteorological Administration official website)
The National Climate Center said that the subtropical high pressure has not yet controlled the south, while the north is often susceptible to the control of the continental high pressure ridge and the warm high pressure ridge, and is more prone to extreme high temperature weather. After the rainfall weakens, the high temperature in the south will also increase. The National Climate Center expects temperatures to be warmer this summer than at the same time in the country.
On June 14, the National Energy Administration released data on electricity consumption in the whole society in May, and I sorted it out and found that the electricity consumption of urban and rural residents increased significantly in May, and the growth rate of the industry except the secondary industry increased significantly. The demand for this increase in electricity consumption may become more rigid, and the new power generation is closely related to people's lives.
(Source: Wind)
Safe, stable and sufficient power supply is an important prerequisite for the healthy, stable and sustainable development of the national economy, and thermal power may have very practical significance. However, under the guidance of the dual carbon goal, new energy will eventually cover part of thermal power in the future, and there may be a seesaw relationship between thermal power and new energy power generation in the longer term.
At present, the thermal power sector is rising, and it is quietly padding a few pieces of firewood for the new energy sector, and friends who have long-term attention to new energy can take a look:
New Energy ETF(516160)
A类：012831
Category C: 012832
It reflects the overall performance of the securities of listed companies related to the new energy industry, including 80 index constituents, which can better track the dynamics of the new energy sector.
Say a few more words
In the college entrance examination, one person strives to improve the score, a group of people strive to improve the score line, and each candidate must strive for the head. In the investment market, if one profit, two draws, seven losses is an iron law, you must also be better than others, macroscopically, is more endurance, more long-term vision, better understanding of common sense than anyone. At the micro level, it is finer than the strategy and the continuous fine-tuning of the strategy, and the two cannot be discarded.
Data sources: (1): wind, (2): flush
(Investment is risky, you need to be cautious when entering the market)