Tuesday morning A shares closed, today's A shares make me full of emotion, why do you say that? PV bucks the trend and strengthens, how to go next A share market outlook? Please listen carefully and patiently, the old shareholders will explain to you in three minutes!
First: Today's A-shares really make me feel emotional, why do you say that? The specific reasons are as follows:
The first reason is that after A-shares peaked from 3731, they have fallen by a full 1,000 points for three consecutive years. A-shares have really gone through a bear market for three years, and they will fall by more than 8% in the first 16 trading days of 2024, which is more than the amplitude of the whole of last year.
The second reason, since the active capital market in July last year, the point was around 3230 at that time, and it has fallen to 2724 so far, which means that it has been active for 500 points in 6 months, just 500 points, and it is actually 500 points down.
The third reason, needless to say, is that the peripheral markets are all in a bull market, and the three major U.S. stock indexes hit a new high yesterday. The Nikkei 25 index rose by more than 1%, and the French stock market, the German stock market, the Indian stock market, the South Korean stock market, etc. rose in the red across the board. Today, our A-shares continued to inertia to test 2724 and break the low.
The fourth reason is that today's A-shares are full of green. Although A-shares did not continue to fall sharply today, there are still more than 3,600 stocks that have fallen, and there are 20 falling limits. In the 16 trading days in 2024, there is only one trading day when the index rises and individual stocks rise, and the other 15 trading days are full of green oil and a green ocean. What others don't know is that I don't think I'm looking at A-share stocks, but looking at the sea.
Second: On the entire market today, securities and photovoltaic equipment have strengthened against the trend. The securities sector bottomed out today and rebounded moderately, with a rise of more than 1%, one of which rose by the limit. The resonance effect of securities and the market index is relatively strong, and the securities sector can bottom out and rebound today, which also means that today's A-shares will not dive and are expected to bottom out.
In addition, today's photovoltaic equipment sector was expected to increase the performance of the well-known enterprise Sunshine last night, and the photovoltaic equipment sector rose by more than 4% today. The photovoltaic equipment sector showed a wave of bottom-up rebound from the end of October last year, and then bottomed out at the bottom of the shock for the next 4 months, especially since the bottoming out on December 18 last year, it continued to rebound, which means that some stocks have been active in the early stage, and the well-known companies at the bottom have recently walked out of the continuous contrarian rebound.
Third: So how will the A-share market go next?
First of all, today is January 23rd, I remember that the bottom of A-shares in the past year has appeared around the 23rd ~ 24th of every month, and whether 2724 can become a low point this time needs to be verified, and it is not certain for the time being. It is unreasonable for A-shares to fall.
Secondly, last night, the National Standing Committee made a heavy statement, saying that it would take more effective measures to stabilize the market, stabilize confidence, and promote the steady and healthy development of the basic market. Affected by this, there was a wave of reversal in A-shares today, with the Hong Kong Hang Seng Index rising by more than 3% and the Hang Seng Technology Index rising by more than 4%, which is still confident in boosting the impact of today's A-shares.
Moreover, as of the morning, the net inflow of northbound funds was 2.8 billion, and yesterday's northbound funds also had a net inflow of 1 billion. Yesterday, the collapse of A-shares fell by 75 points, and the main funds sold a net of 50 billion, which basically fell to 2724 due to the extreme collapse of market confidence.
Overall, there is still a wave of anti-pumping market at 2724 today, but individual stocks are still falling more and rising less, the National Standing Committee will speak out, and the locations for a year have occurred at the end of the month, and the periphery is also rebounding, so 2724 is waiting for a further rebound in the market, whether the bottom needs to be further verified, whether it will fall below 2700 points again There is also this possibility, we can only act at the opportunity. Recently, I have repeatedly talked about the securities sector, photovoltaic equipment has rebounded today, so I still have a trace of comfort!