Author|Zhao Ling,Editor|Gu Jinfeng
Source: Jufeng Investment Advisory, Good Stock Application
【Jufeng Viewpoint】
On Wednesday, A-shares shrank and fell, and the three major indexes collectively closed down. On the disk, real estate, chemical fiber, fertilizer, decoration and decoration led the rise, precious metals, engineering consulting services, cement and building materials, banks, petroleum, coal, etc. Securities, electricity, automobiles, shipbuilding, power grid equipment, medical services, public utilities, motors, gas, wind power equipment, software development, etc. were among the top decliners. In terms of theme stocks, the concept of horse racing, the same right to rent and sell, carbon fiber, the concept of REITs, the concept of PEEK materials, phosphorus chemicals, and the concept of chiplet were among the top gainers, while AI pharmaceuticals, brokerage concepts, CROs, virtual power plants, fourth-generation semiconductors, and Kimi concepts were among the top decliners.
【Technical Watch】
In the medium term, the market is now on the upswing after a mid-term shock. In the short term, the market has rapidly adjusted into the short market, and the weekly line has been adjusted, and the short-term position control is mainly wait-and-see.
【Hot Plate】
The concept of robots is active: Shanggong Shenbei, Jinglun Electronics, Jingxing Paper, Cixing Shares, Tahoe Intelligence, Fengmao Shares, Ruisong Technology, etc. are among the top gainers.
The concept of low-altitude economy is strong: Xinyan shares 20cm daily limit, voice shares daily limit, Andawell, Hangxin Technology, Baoli International, Tianhe Defense are among the top gainers.
The real estate sector strengthened: Everbright Jiabao, Tiandiyuan, Cinda Real Estate rose by the limit, and China Merchants Shekou, Binjiang Group, Huafa Co., Ltd., Poly Development, and Damingcheng rose more than 5%.
【Inventory of important news】
The China Securities Regulatory Commission's "5.15 National Investor Protection Publicity Day" was launched
It's another year of "5.15". Five years ago, the China Securities Regulatory Commission (CSRC) designated May 15 as the "National Investor Protection Publicity Day" to strengthen the concept of investor protection in the capital market. However, on this year's "May 15", the role of investors in the capital market and the weight of regulators are much higher than in the past.
Significant change! A "step forward" in the national unified electricity market
The National Development and Reform Commission (NDRC) recently issued the Basic Rules for the Operation of the Electricity Market, marking another major change in the electricity market in the past 20 years. The "Rules" will provide the basic system for the construction of the national unified electricity market system, and provide exploration and practice for accelerating the construction of an efficient, standardized, fair competition and fully open national unified market. The Rules clearly define new business entities, including energy storage enterprises, virtual power plants, load aggregators, etc.
U.S. stocks closed higher, the Nasdaq hit a new closing high, and "retail stocks" rose sharply for two consecutive days
Eastern time on Tuesday, U.S. stocks closed higher, with the Nasdaq up 0.75% to a new closing high, the S&P up 0.48%, and the Dow up 0.32%; Large technology stocks rose, with Tesla, Broadcom, and GF rising more than 3%; "Retail group stocks" continued to rise, with Game Station rising by more than 62% and AMC Cinemas rising by more than 32%; Popular Chinese concept stocks were mixed, with NIO up more than 7% and Alibaba down more than 6%.
【Movement of funds】
According to Dongcai statistics, as of the end of the day, the Shanghai and Shenzhen stock markets showed a net outflow of funds, with a total outflow of 30.604 billion yuan from the Shanghai and Shenzhen stock markets on the same day. Among them, the net outflow of large orders was 13.688 billion yuan, the net outflow of large orders was 16.916 billion yuan, the net inflow of medium orders was 3.069 billion yuan, and the net inflow of small orders was 27.55 billion yuan.
【Limit Analysis】
Today, there are 65 up limits and 32 down limits;
Today, the number of up-limit boards in the two markets decreased compared with the previous trading day, and the number of down-limit boards increased from the previous trading day. The price limit data shows that today's market sentiment has fallen from the previous trading day. The price limit is mainly concentrated in the reform of state-owned enterprises, new retail and other sectors, and the overall money-making effect of the market is average.
【Opinion Strategy】
In early trading, the three major A-share indexes fell slightly, and on the disk, real estate services, precious metals, chemical fiber industry, real estate development, fertilizer industry, Chiplet concept, PEEK materials, decoration and building materials, phosphorus chemicals, high-bandwidth memory and other sectors were at the top of the list of gainers. Sectors such as CRO, electric power, AI pharmaceuticals, securities, virtual power plants, immunotherapy, and automobiles were among the top decliners.
In the afternoon, non-ferrous metals, electric power, home appliances, securities and other sectors weakened, and semiconductors and military sectors were active; Stock indices continued to consolidate. At the end of the session, the real estate gains narrowed, the decline in securities deepened, and the stock index continued to fall. Northbound funds were suspended due to the closure of Hong Kong stocks, and the market volume shrank to around 750 billion.
Overall, after the Shanghai Composite Index broke through 3,100 points, it built a box shock, and investors can grasp the rhythm and sell high and buy low. In the medium term, with the implementation of various counter-cyclical adjustment policies and measures, the domestic economy has entered a recovery cycle, and A-shares have gradually found the bottom of the market and fluctuated upward.
Investment advice: Jufeng Investment Consulting believes that under the expectation of economic recovery, A-shares are expected to enter a medium and long-term bull market. In the short term, the market is mainly affected by exchange rates and external geopolitical factors. In the medium to long term, the market has returned to activity, and the attractiveness of A-shares will further enhance in the future. After the end of the earnings season, theme stocks are expected to be active again, and investors can focus on growth track stocks such as military industry, robotics, and new energy in May.
(Author: Zhao Ling Practicing Certificate: A0680615040001)
Disclaimer: The above content is for reference only and does not constitute specific operation advice, and you shall operate at your own risk and profit and loss