Home >

Strong Stocks Are Down By &Nbsp; Bottom Signals Flashing?

2011/9/7 9:03:00 41

??? 日本語 Fran?ais English 中文

Strong Stocks Fall Bottom Signal

Overnight European stock market crash, 6 Shanghai and Shenzhen two cities continue

adjustment

However, the Shanghai Composite Index dropped by only 0.33%.

Correspondingly, the sub group headed by the "3002 corps" yesterday collectively.

Plunge

In the Shanghai and Shenzhen two cities, 6 of the 7 restricted stocks came from the "3002 corps".

According to historical experience, when the strong stocks appear to make up or fall, it is often the process of accelerating the market to catch up with the bottom. In this sense, A shares are not far from the real stage.

Sub shares are now down.

The sharp fluctuations in the external stock market and the continued tightening of domestic policies continue to inhibit the overall performance of A shares.

On Tuesday, the Shanghai and Shenzhen two cities fell again, of which the stock index dropped by only 0.33%, while the volume was lower.

However, compared with the slight adjustment of the index, the performance of individual stocks is a lot worse. Among them, the early performance of the new stock market has been on the decline yesterday, and the magnitude of the increase has made investors sore.

Yesterday, there were 7 stocks in Shanghai and Shenzhen two cities, and all of them came from gem, except for Zhongfu industries.

Among them, Qian Yuan Pharmaceutical (300254), Ming Jia Technology (300242), Xingxing Technology (300256) and Changshan Pharmaceutical (300255) were sought after by the capital at the beginning of the listing.

In addition to the above stocks, the recent strong performance of gem new shares, new materials (300234), Yin Xin Technology (300231), Yi Hualu (300212), Dean's diagnosis (300244) and Ruifeng Gao Cai (300243) also recorded a big decline yesterday.

In addition, the number of shares in the small and medium sized boards, including dragon force bio (002604), North Glass share (002613), Jie Shun Technology (002609), Dalian electric porcelain (002606), Oriental Seiko (002611) and yao ji Poker (002605), all fell by more than 5%.

The bottom of the stage is not far away.

Weakness in early stage

Shock

At that time, the "3002 Legion" led by the new shares has been favored by funds, and new shares and sub shares have also become the most profitable varieties in the market, attracting a large number of hot money to enter.

However, in the context of the recent market downturn, the early performance of the strong new sub group has a collective drop, and a huge decline.

This may indicate that even the hot money, which is good at short-term speculation, is more pessimistic towards the A share market in the aftermarket, so that it will not choose to leave the field.

As a matter of fact, prior funds' preference for sub shares is not targeted.

Since the beginning of this year, monetary policy has continued to shrink and market funds have been suppressed. On the one hand, there is a shortage of incremental funds. On the other hand, economic growth is slowing down. Under the influence of dual factors, it is difficult for the weight blue chip sector to have systemic opportunities.

Under this background, the natural selection of funds has more money making effect, but the stock market and the new stock market are less likely to hold the market, and the uplink resistance of the stock price is relatively small. After the fall of the previous index, the initial price earnings ratio of the new shares has dropped significantly, and the new risk income ratio has decreased significantly.

However, in the near future, when the market continues to fall, the valuation differences between the new stock market and the absolute undervalued group such as finance and real estate are increasing. Under this background, because of the potential profit margin of the strong new varieties such as the second new stock, when the market confidence has dropped to a certain level, it often meets with the short selling in a relatively short time. On Tuesday, the "3002 Legion" is concentrated on the limit.

Analysts pointed out that in general, strong stocks fall and panic.

Fall

It is the signal that the market accelerates the bottom up. At this time, the psychological defense line of investors is very fragile, the confidence of shareholding has been hit hard, and the extreme pessimism of the latter market has led to the fact that it does not sell stocks locally, and this stage is often the last stage of the market fall.

Yesterday, the large margin of the new stock market also showed the pessimism of the investors. From this point of view, A shares are not far from the bottom of the stage.

However, whether the A shares with a lack of confidence can rebound sharply and get out of the bottom is hard to decide.

In the short term, if the upcoming August CPI does not exceed the expected high value, then the power of A shares to continue downward is not large.

The policy of restricting the future rebound of A shares will still be a policy. Especially in the context of signs of recession in the peripheral economy, the orientation of domestic monetary policy will directly determine investors' expectations for the future domestic economic development.

Only when investors are concerned about the overshooting of the policy, can A stocks with an undervalued advantage rebound.