In the early stage, cyclical stocks are the most beautiful A-shares, and funds and popularity have piled in, especially resource stocks have continued to rise in volume, opening a wave of gains that make the market and investors envious and jealous, and related stocks have indeed risen very high in the short term.
Since the end of yesterday's star cyclical stocks suffered a large amount of money smashed, the major cyclical stocks have collectively fallen, and it is obvious that there are funds to take the opportunity to flee at a high level! Subsequently, today's cyclical stocks continued to dive and fall yesterday, leading the Shanghai and Shenzhen markets to become the strongest shorts, becoming a burden for today's A-shares.
According to the trend of today's cyclical stocks, the non-ferrous sector fell sharply, and shipbuilding, steel, petroleum, coal, construction, building materials, and chemical industry all fell to varying degrees; it is precisely because of the decline in these stocks that the Shanghai and Shenzhen main board indices opened low and fell low, which brought a very adverse impact on today's A-share market.
At this moment, I believe that many investors have seen the strength of the early cyclical stocks, these stocks rose to the red, with the collective extinguishment of cyclical stocks, after these large funds fled, they will inevitably re-choose new hype varieties, once they are favored by super large funds, there will be a new round of rise, who can take over the heat of cyclical stocks?
Replacement 1: Technology stocks
Technology stocks are the core of small and medium-sized theme stocks, and they are also the direction of individual stocks; when cyclical stocks continue to rise, technology stocks enter a continuous decline, and after the early decline to release risks, many technology stocks have fallen out of the opportunity, so technology is most likely to replace cyclical stocks.
Replacement two: financial stocks
There are two main similarities between financial stocks and cyclical stocks, financial stocks are in a value depression, and financial stocks can also support the large-cap index; the only defect is that the financial stocks are too large, and it takes a lot of money to really let financial stocks replace the heat of cyclical stocks.
Replacement three: new energy
The stock market is a policy market, which industries the policy wants, which stocks can rise up; new energy is the trend of the future development of the mainland, and there is still a lot of room for speculation in the future of new energy stocks, if the funds sold from cyclical stocks enter new energy, this possibility cannot be ruled out, but this probability is relatively large, and it is indeed difficult for new energy to take over the heat of cyclical stocks.
To sum up, the collective decline of cyclical stocks led the Shanghai and Shenzhen markets, has indeed become a burden to today's A-shares, completely suppressing today's market;