Today, the A-share market has fallen sharply, and I believe that at this moment, investors are heartbroken! Why? Because the hot plates in the early market all entered the top of the decline list, electricity, military industry, energy, oil, steel, chemical, nonferrous metals, coal these hot plates all entered the top of the decline list, and these plates are hot spots in the market some time ago, many investors' positions are pressed in these places, and the recent continuous decline, so that investors are heartbroken! So what happened to such a market? Why do you have a continuous big fall? Will such a market continue? Let's have a good talk.
First: First of all, since the recent period, especially at the weekend, I also particularly emphasize the relevant electricity, because the weekend has been out of the news, including the recent has also been a lot of certainty news, his speculation logic has gone, including a lot of energy concept stocks have been in this recent sustained rebound, and in the last two trading days have also entered a big fall, their final reason is that the previous period of excessive gains and a lot of news surface to determine, so the operation logic will gradually dissipate, the main funds will gradually withdraw. This is the ultimate reason for the decline of these sectors.
Second: Of course, even if the index falls, there are good sectors, such as stocks in the medical and pharmaceutical manufacturing related fields that ChaoGe has been repeatedly emphasizing recently, I believe that in the rebound process of these sectors yesterday and today, everyone also clearly knows that these sectors have rebounded instead of falling, which has really impressed many people. Remember when I first told you about the medical sector, which saw a net profit growth of more than 80% in August.
But the relevant stocks have begun to fall from January, has fallen three waves of continuous market, the stock price has appeared waist cut, at this time the net profit has risen suddenly, but the stock price is still in a low position, then in the next announcement of the results of the third quarter growth expectations, the speculation logic will gradually appear, so what we need to see is that after the net profit growth of each industry is announced every month, we will find the individual stocks in the sector and actively select the stocks in the relevant sectors Just like I recommended the military sector in May, but everyone also did not know why this sector rose, at that time this sector also fell for half a year, stocks rose, but the performance ranked third in the industry.
In August, when I recommended natural gas concept stocks, it was the same, natural gas prices continued to rise, then we can be very sure that its next stock will have a good rebound, so from August to now, a lot of natural gas concept stocks have risen several times. Now that we need to re-tap the sector with the logic of hype, then I can only pick stocks in the medical and pharmaceutical related manufacturing field. Because the performance of this sector is supported, but the stock has continued to fall, it is obvious that there has been a repair.
Third: for the trend of the Shanghai stock market, today's market fell sharply again, it does make many people feel very sad, and even many people have no confidence in the stock, I think at this time we should actively look at every data on the market, we can clearly see that the Shanghai Index is now the second time to pull back to the 60-day moving average, and now the 60-day moving average position of the Shanghai Index is at 3544 points, and the lowest point of the market today is 3547 points. That is to say, today's Shanghai Composite market accurately pulled back to the 60-day moving average. I also told you earlier that a 60 moving average will not be easily broken, some time ago fell below, immediately the second day to close back, and today the market pulled back to this position again, so this position has formed an important support, as long as it does not close below the 60 moving average in the next three trading days, then the second pullback can be determined. If there is a second correction in the market, it is certain that the next shanghai composite market will restart a new wave of rebound, so we should not be afraid to see the index fall, we should pay more attention to the chain reaction between the sector and the market. Is there a continuous plunge, like the power-related stocks that are now at the top of the decline list have fallen for three consecutive days, will these sectors continue to fall sharply? Obviously not. If we don't short the A-share market as a whole, the atmosphere will gradually disappear, and new hot plates will continue to pour out. The market naturally burns, and there will be no continuous big falls, so everyone must remember to pay attention to every change in data and give me a thumbs up.