The ice-breaking pattern of Sino-US trade!
After a five-day visit, Yellen once again said that if there is no decoupling from China, decoupling will bring disastrous consequences;
Judging from the disclosed data, the trade volume between China and the United States will drop by 11% in 2023, with a trade volume of more than 660 billion US dollars.
In fact, on the first day of Yellen's arrival, she had already stated that she would not decouple from us!
Some investors may find it strange that Yellen's continuous statements do not look good, but the market seems to be unmoved!
During Yellen's visit, the A-share market continued to adjust, among which the market was negative for four consecutive years, with the lowest retracement to 3033 points, and the market was weak and sluggish;
So why exactly?
In fact, it is also very simple, although some new consensus results have been reached, but it is also within the expectations of the market!
In addition, Yellen repeatedly emphasized that "no decoupling is sought", but on the other hand, Hytera and Hytera were sanctioned, and the stock prices of the two fell sharply.
In addition, in the field of semiconductor chips, actions such as ASML equipment maintenance have been suspended, so it is understandable why the A-share market has not reacted!
But no matter what, at least Yellen has made a statement, and it would be even better if sincerity was added in the follow-up, as long as there is substantial progress between the two sides in the follow-up, it is still a good thing for the market!
Important after-hours news
1. Industrial machine tools and other directions: On the news side, the Ministry of Industry and Information Technology and other seven departments jointly issued the "Implementation Plan for Promoting Equipment Renewal in the Industrial Field", which has a certain positive stimulus for industrial machine tools, robots, and CNC machine tools!
2. Peripheral market: The three major U.S. stock indexes opened high and went low, among them, the intraday amplitude exceeded 1%, gold stocks rose again, Cordelon Mine rose more than 12% intraday, Harmony Gold rose more than 4%, and TSMC rose more than 3.6%;
3.6 Lianban issued a shareholding reduction announcement: On the news side, Laishen Tongling: Shareholder Wang Lili's concerted action reduced the company's shares by 1,851,200 shares and 100,000 shares, and the gold plate will continue to adjust tomorrow?
Index movements
Judging from Tuesday's market trend, the three major indexes have come out of the market to repair the rebound, among which the Shanghai Composite Index has a relatively weak rebound.
The rebound of the GEM index was relatively strong, with an intraday increase of more than 1%.
So, does Tuesday's rally mean that it has stopped, and will it continue to adjust?
Let's move on to the conversation.
Personally, I don't think the strength of this rebound on Tuesday is very strong, especially the broader market!
The first is that the K-line body of the market is relatively weak. Not only did it not reverse the negative line to Monday.
Moreover, there was no decent reversal or rebound in the intraday gap.
From the perspective of trading volume, Tuesday's trading volume is a recent state of land volume, with a trading volume of less than 800 billion.
It means that Tuesday is an immeasurable rebound, a continuous immeasurable weak rebound, and it is likely to be blocked again.
Next, we should focus on the trading volume and whether the market can increase and regain its footing on the five-day or 10-day line.
The standard of trading volume should also return to above 900 billion in the short term, the risk of the market is not very large, and the short-term is still around 3050 points to do sideways shocks.