U.S. stocks are just one step away from record highs, with the one-year inflation expectation surveyed by the Federal Reserve at 3.3%, the highest since November last year. The trend of A-shares in May has been halfway, it seems that there is a new high trend, but in fact it is still a pattern of high-level shocks, the disk has not continued to rise in the volume market, the strength of the index is related to the market structure, that is, the characteristics of funds focused on the sector and the industry leader are becoming more and more obvious, this position must not chase the rise and fall, wait for the opportunity to enter the market, do not follow the index to buy and sell.
Riding Bulls and Bears found that the game station (GME) once extended its gains to nearly 119% in early trading, and at least four times during the day triggered a trading suspension due to excessive volatility, and then pared some of its gains, closing up 74.4%. The game industry will show a warming trend in 2023, the stability of the version number policy will gradually increase, and the game market will rebound significantly. In 2023, the actual sales revenue of the domestic game market will be 302.964 billion yuan, a year-on-year increase of 13.95%, exceeding 300 billion yuan for the first time; The number of users reached an all-time high of 668 million. In the face of diversified overseas market demand, mainland game companies are making efforts to expand their business overseas, accelerate industrial layout and R&D investment, and based on overseas content production and development, we expect the game market to continue to achieve performance release.
The three major indexes collectively opened higher, led by pan-AI, and the stocks in the two cities rose more and fell less, with cloud games, humanoid robots, online games and other sectors performing strongly, while coal, water, electricity and other sectors performed poorly. Game stocks rose sharply at the opening, Dasheng Culture bid up to the limit, Tom Cat, Xunyou Technology and other collectives opened higher, last night the U.S. game stock game station rose 74%, and AMC Cinema rose 78%. The robot sector is strong, Jingxing Paper, Shengtong shares limit, Fengli Intelligent, Wuzhou Xinchun and other top gainers, recently, Unitree Technology released a new humanoid robot called Unitree G1, priced from 99,000 yuan. This robot not only has a large joint movement angle and up to 34 joints, but also combines force and position hybrid control technology, which can simulate the precise operation of human hands, and has the powerful ability of self-learning and iterative upgrading.
Consumer electronics concept stocks opened higher, Huiwei Technology, Edifier both rose by the limit, Tianjian shares rose by more than 10%, Chaoyang Technology, Jiahe Intelligence, etc. followed suit, Apple is ready to sell Vision Pro outside the United States for the first time, the product market may expand to China, Japan, France, Germany. The global synthetic biology market will reach US$9.5 billion in 2021, about US$15.1 billion in 2023, and is expected to reach US$30.7 billion in 2026. Automobile stocks rose again, Zhongtong bus 2 board, King Long Automobile rose more than 5%, Ankai bus, Dongfeng Motor, etc., the trade-in policy landed, the car market is a major positive, although the May vacation time is long, but it is expected that the retail of the car market in May will be better than in April.
The Shanghai Composite Index opened on Tuesday after a small surge higher, and the morning clock was dominated by underwater shocks, and the stocks in the two cities have always risen more and fallen less, which is a good phenomenon. Affected by the sharp rise of the overnight game station, the game stocks opened collectively and rose sharply, and there was an obvious breakthrough in the market. As Brother Niu said before, the trend in May and April is likely to be the same, so it is still necessary to be cautious here. In the afternoon, pay attention to whether the Shanghai Composite Index can stabilize above 3140 points.
The ChiNext index continued to adjust downward on Tuesday, falling directly below the 10-day line during the session, and was suppressed below the 5-day line and the 10-day line, and the first gap below was completely filled. As the market starts to weaken, be careful here that the ChiNext index may return to near the 30-day line for support, which means that the index may go down to cover the gap around 1800 points. As the weather gets hotter and the temperature rises, you can pay attention to the performance opportunities of the utilities sector such as electricity, gas, and water. In the afternoon, pay attention to whether the GEM index can stabilize above 1860 points.
Lunchtime highlights:
1. The People's Bank of China carried out a 7-day reverse repurchase operation of 2 billion yuan today, and the winning interest rate was 1.80%, the same as before. There is a reverse repurchase of 2 billion yuan due today
2. As of May 13, the financing balance of the Shanghai Stock Exchange was 792.363 billion yuan, an increase of 1.534 billion yuan from the previous trading day, the financing balance of the Shenzhen Stock Exchange was 703.041 billion yuan, an increase of 358 million yuan from the previous trading day, and the total of the two cities was 1495.404 billion yuan, an increase of 1.892 billion yuan from the previous trading day.