Precious metals, gold concept, approved new stocks, metal zinc, metal lead, electricity, hotel catering, automobiles, road and railway transportation and other sectors rose highly. It is not difficult to see from the hot spots that lead the rise that precious metals are still one of the few hot spots in the current A-share market, and its sharp rise is affected by the continuous record high of international gold prices. As we all know, gold is the best safe-haven asset, and it often shows a negative correlation with the direction of financial markets. At this time, the continuous rise of the gold concept shows that the majority of investors are seriously risk-averse, and they are not optimistic about the future financial market can continue to rise. When most investors choose safe-haven gold, then the incremental capital in the financial market will decrease, which in turn will lead to the weak rise of the A-share market.
In addition to precious metals, I also noticed that the large weights of low valuations are also rising against the trend, such as the three barrels of oil, the four major banks and other trillion-dollar weights all turned red today, and the intraday time rose by more than one point. The contrarian pull of the big weight often appears in the falling market, but this kind of drama has been staged for a year, and the big weight of the trillion market value has doubled into bull stocks, how much room do you think they still have? The next role of these big weights is to maintain stability and not to fall sharply, only in this way can A-shares get out of a comprehensive upward market.
The A-share market continued to fall and adjust, and the Shanghai Composite Index K-line was negative for three consecutive years.
On Monday, the A-share market opened low and went low, except for the Shanghai Composite Index showing signs of turning red, the other three major stock indexes all fell all the way. Among them, the Science and Technology Innovation Board Index, which has only more than 700 points, fell by 2% again, becoming the direction of the largest decline in Shanghai and Shenzhen, and becoming the only ultra-falling sector among the four major stock indexes to hit a new low. From the perspective of the daily K-line, the Shanghai Composite Index continued to fall and adjusted, showing a downward trend of three consecutive negatives, and once again tested the support near the 20-day moving average. Today's Shanghai market turnover exceeded 400 billion, but the Shanghai index is close to the breaking mark, the 20-day moving average is the strong and weak trend dividing line, but also an important support for the Shanghai index after the holiday.
The remaining four trading days of the week need to hold on to the support of the 20-day moving average, otherwise we will see another 3,000-point defense. At the end of the annual report, there is a risk that the A-share market will fall and adjust, and April is the last month of the annual report, so there is a high probability that the Shanghai Composite Index will break again this month. However, I hope that the Shanghai Composite Index will break quickly, and only a quick break can release the risk and there will be a better time to enter the market.
Attention direction.
1. The over-falling pharmaceutical sector is worthy of our serious study. On Monday, the A-share market closed in the green across the board, and it is not difficult to find that the already over-falling pharmaceutical theme has once again accelerated its downward trend. For example, medical devices, assisted reproduction, family doctors, brain-computer interfaces, cell immunotherapy, medical services and other sectors fell by more than three points. I told you before that pharmaceutical stocks have long-term investment value, but I don't recommend you to chase the rise, and I recommend that you pay attention to the dip and build a position when it falls. Now that pharmaceutical stocks have once again fallen across the board, a better time to enter the market has come, and we should carefully study the high-profit blue-chip stocks in the pharmaceutical sector and the high-performing stocks with stable growth. Short-term acceleration will give them a better time to enter the market, and cheaper chips will also bring us greater investment returns.
2. High-dividend stocks are still the best safe-haven varieties, especially the blue-chip stocks that have been cut in half are more worthy of our serious study. The A-share market has been going downhill in the past two years, and it is precisely the two consecutive years of decline that have made high-dividend stocks rise against the trend. Three barrels of oil, three major operators, four major banks and other high-dividend concept stocks have become the leaders in the weak market, and even double the bull stocks. I don't recommend that you chase the concept stocks that have doubled and soared, but the stagflation of blue chips is still worthy of our serious study; after the annual report, the listed companies will announce this year's distribution plan one after another. Based on the current stock price, companies with dividend yields greater than three points are considered high-dividend concept stocks, and high-quality companies with dividend yields greater than 3% for three consecutive years are more worthy of our careful study. I am an investment view, thank you for reading, and thank you for liking and paying attention.