#收评: The GEM index fell more than 2% to 1,600 points#
Preface: Today's A-share shrinkage fell sharply, has been falling for three consecutive days, the market bulls confidence is under pressure, tomorrow before the market will be released manufacturing and non-manufacturing PMI data, Wednesday A shares continue to fall or stop falling and rebound?
First, A-shares fell again today, the degree of decline is really beyond everyone's imagination, the Shanghai and Shenzhen indices fell by 1.83%, 2.40%, the ChiNext index fell by more than 2% and lost 1600 points, the ratio of individual stocks rose and fell was only 323:5078, and individual stocks fell by more than 5000, which is rare in the history of A-shares, and this miracle was created again today.
2. Why did A-shares fall so sharply today? Is this related to the new regulations on the refinancing of restricted shares? This has nothing to do with it, and everyone must not think about it in this regard; the central bank put a net injection of 98 billion yuan in the open market this morning, while the previous three consecutive days of net investment exceeded 350 billion yuan in a single day, and this is not the reason for the decline of A-shares. I have repeatedly expressed the view that I am not optimistic about the short-term trend of A-shares, not without a target, but with feelings, I understand that the risk factors are relatively large, please be cautious.
3. Yesterday, A-shares fell below 2,900 points, and today they are even further away from 2,900 points and approaching 2,800 points downward. Today's fall made the Shanghai and Shenzhen indices fall by 4.85% and 12.06% respectively in January, and the cumulative rise and fall ratio of individual stocks is only 458:4879, which is the fruit of January at present. There's one last day tomorrow, but Green January is completely locked in anyway. The so-called January New Year's Eve market is so unbearable, let's look back at the New Year's Eve views of brokers, the views can be summarized as "the New Year's Eve market is worth looking forward to", of which CITIC Securities' view is: the market will usher in an important turning point in January, and Haitong Securities' view is: the spring market or has started. These brokers' views are really unbearable to look at directly, misleading the majority of stockholders, and actually disrupting the market.
Fourth, A shares have temporarily completely turned to the bearish technical form, Shanghai and Shenzhen two fingers double two-way down to break through the MA5 moving average, in the reverse V-shaped right side of the road has taken three steps, this or more impact on the market bulls confidence, so that the panic spread, is it really last week's rise is to create more room for decline? In short, please be cautious, do not have a specific bottom where the thinking is, I don't know, God doesn't know, I can't just talk nonsense, so as not to mislead everyone.
5. Overall, I am not optimistic about the short-term trend of A-shares, and everyone should not look forward to the New Year's Eve market. As for the trend of A-shares tomorrow Wednesday, I can't easily express my views, otherwise I will not be responsible for my views and everyone. I'll wait until I collect the relevant information in the evening and discuss it with my colleagues at 8:00 tomorrow morning before giving a clear view. In addition, at 9:30 tomorrow morning, the Bureau of Statistics will release manufacturing and non-manufacturing PMI data, focusing on the previous value of manufacturing PMI data is located below the 50 line.