Overall Adjustment Of Shanghai Strong And Weak Gem

< p > > a href= "http://www.91se91.com/news/index_s.asp" > A shares < /a > this week showed a concussion trend. The Shanghai Composite Index closed for two weeks with Yang cross star, and the gem index representing the trend of small cap also showed a stable and weak rebound.

An important feature of the market this week is that the large cap stocks represented by Sinopec and PetroChina frequently staged a good play in the market, though they failed to drive the index to much better, but they maintained the market stability pattern.

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< p > < strong > recommendation: retail industry downturn < /strong > < /p >

< p > recommendation: retail business slump Adidas did not analyze: Malaysia Airlines has been short selling stocks were sold a lot of attention: WAL-MART repeatedly complained that three no observation: commodity sales slump low enthusiasm analysis: market investment enthusiasm is affected by bad luck research: low market operation to break the stalemate, heavy weights need to take turns in collective efforts, Shanghai strong, deep weak trend to reproduce the market.

Although large cap stocks are mostly cyclical stocks, they are highly correlated with the macro-economy, and this year's macroeconomic pattern is still grim. The downward trend has become a consensus in the market.

However, the reform of central enterprises and the prime minister's report on the real estate industry are different from previous years, so that the market cycle share has more room for policy and reform dividends.

Therefore, this year's big share market trend may not be as pessimistic as the market predicted early this year.

Of course, in view of the small amount of new capital available at present, large cap stocks may not be able to perform very well in the short term.

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< p > if the market wants to continue to go up, there must be enough start-up capital. Otherwise, the diversion of the original funds will only drive up the large cap stocks while extinguishing the rising kinetic energy of the small cap stocks.

This week has proved that the lifting of individual weight stocks often brings about the collective mute of small and medium-sized market capitalization stocks.

Although small cap stocks are active from time to time, it is clear that signs of a decline in the number of small cap stocks and a continuous upward trend in recent small cap stocks are evident.

Therefore, the lack of market momentum will make the rebound of the market weaker and weaker, and the market is in a relatively balanced pattern.

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< p > short term, < a href= "http://www.91se91.com/news/index_f.asp" > market < /a > in the market of stability and stability, the index does not have systemic risk of sharp drop. The recent trend of stocks will not show continuity. It is difficult for investors to grasp the rhythm of the plate rotation and increase the difficulty coefficient. It is suggested that investors participate in the lowest possible sectors and stocks with strong policy support, such as environmental protection, food safety, and opening up private capital.

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< p > market turbulence this week. Although the strong feature of the state-owned enterprise reform sector headed by Sinopec is still the same, there is no special advantage during the two sessions. In the case of geopolitical tensions, new IPO expectations and credit risks, the stock index will remain in a relatively weak pattern, and investors can still wait for new opportunities after the break.

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The market liquidity is relatively stable this week. First, the central bank is still tightening the currency through net withdrawal. This week, the net return of 70 billion yuan, but the interbank pledge repo rate has mostly dropped. The weighted average interest rate of the 7 day period varieties fell by 129.60 basis points on Thursday, to 2.4805%, and reached a new low since June 11, 2012. Secondly, the RMB dropped to 6.1181 against the US dollar, and there was no sustained depreciation; again, in January, the new foreign exchange accounted for 437 billion 300 million yuan, and the "hot money" entered 177 billion 100 million yuan, which was much higher than the market expectation; fourth, the number of households opening last week has reached a recent high.

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< p > outlook, the two sessions will be closed before next Thursday, and the expansion will start again, which will bring pressure on the market and the stable stock index in the near future. It will mainly benefit from the strengthening of the plates such as nonferrous metals, petroleum and real estate. But the relevant sectors are all cyclical industries.

At the same time, the hot debate of blue chip "T+0" can not see the possibility of implementation in the short term; while the reform of state-owned enterprises headed by Sinopec is beneficial to the release of heavyweight profits, but the scope of reform of state-owned enterprises is relatively narrow, and the impact on the whole market is not large. The sustainability of heavyweight stocks is still insufficient.

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< p > after the gem rose sharply last year, the market is looking forward to the new economic development direction. Because the overall valuation level of gem is high, the divergence of market opportunities will be more significant this year. < a href= "http://www.91se91.com" > investment < /a > will further explore the growth opportunities of the fine molecular industry and the company.

In the short term, the reform of state-owned enterprises, high pfer and medical sectors are still worthy of attention.

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