Friday's A-share performance was good, after sacrificing the SSE 50 and the dividend sector, the banks finally poured into other sectors when the bank plummeted, and the small and medium-sized innovation index performed eye-catchingly. It's a pity that the amount of energy is still not significantly amplified, and today's rebound is just a reduction in sell-offs and the persistence of the national team to increase its holdings. The specific situation is still spoken through the A-share data.
Today's major indices rose more and fell less, and the overall performance was good. The turnover of the two cities was 606.1 billion yuan, an increase of 2.9% from the previous day. The net outflow of the main forces of the two cities was 2.2 billion yuan, and the net outflow of the main forces of the two cities decreased sharply today, and the reduction of the main funds was an important reason for today's rebound. Northbound funds sold a net of 349 million yuan, and the northbound still refused to buy significantly in the case of the depreciation of the RMB exchange rate in two trading days.
Today's rise and fall ratio of individual stocks in the two cities is: 6:1, 67 up limits, 13 down limits, and today's individual stocks make good money. Among the change plates, there are 12 concept plates active today, 2 concept plates are weak, and the bank is weak, while the theme and track are performing well.
From the list of gainers and losers: household appliances, automobile dismantling, commercial aerospace, public transportation, and aviation ranked among the top five gainers, while telecom operations, recent new highs, banks, DRG-DIP, and low price-to-book ratios ranked among the top five decliners. From the perspective of capital drive: national defense and military industry, active ETFs, broad-based ETFs, commercial aerospace, and unmanned aerial vehicles are among the top five net purchases of funds, and recent new highs, banks, special valuations, cross-border payment CIPS, and low price-earnings ratios are among the top five decliners.
Judging from the data, today's market is a rebound caused by the reduction of domestic and foreign capital selling, and the continuous strength of the national team to protect the disk, but the amount of energy has not been effectively amplified, that is to say, in addition to the national team, other new long forces have not increased. The hot spot has shifted from the bank to other aspects, so the money-making effect of individual stocks is good today, but it remains to be seen whether the dividend will be completely over. At least the data is only a rebound now, and it is uncertain whether to build a bottom, let alone a reversal.
Stock Market Chatter:
Although the high-frequency trading fee rate of quantitative funds may be increased by 9 times to 1 yuan per transaction, for ordinary investors, the current securities stocks are basically the handling fee standard of 10,000-10,000, and many of them are not exempt from 5, that is to say, the minimum is 5 yuan. 1 yuan is still much lower than that of ordinary investors. It's just that it was lower before, and limiting quantitative high-frequency trading is still more important now. In particular, the general public feels that the sense of unfairness in the market will improve. After all, according to the statistics of recent brokerages and the market, some people voted with their feet to sell more than 500 billion active equity funds in the first half of the year. Investor confidence is not reprocessed, not to mention that over-the-counter funds do not come in, and on-site funds are also constantly draining, which is why the market is now constantly trading in stock or reduction.
Outlook on the market:
Bottom out three indicators:
1. The major indices have a large number of long legs, and the transaction target of the two cities is more than 800 billion.
2. The financial index continues to protect the market, rather than relying only on the strong pull of banks.
3. Northbound funds continue to buy large amounts of net money, and this estimate depends on the face of the RMB.
These two trading days have not all appeared, and they are still similar to the rebound of shrinkage at the end of June and July. In fact, now that the public has learned well, it is difficult to introduce new incremental funds into the market for this kind of rebound, and it only delays the bottoming time. Therefore, when there is no opportunity on Thursday and Friday, I did not reluctantly invest every week, but planned to save the opportunity until next week, as mentioned yesterday, and be ready to fight a protracted battle.
The above are today's market notes, which are only used as personal daily reflections on the market and are not intended as trading advice. Investment is risky and should be traded with caution.
I focus on indexed investment, advocating the theory of stock market cycles and comprehensive allocation. Daily update of A-share review logs and fund real trading notes. The above content is only a testimony of the unity of knowledge and action in your own investment, and friends who are interested in indexation investment are welcome to leave a message or pay attention to not get lost.