Gem Refers To Bear Bull Line

On Friday, the Shanghai and Shenzhen stock index was weak. Some of the heavyweights such as CITIC Bank took the offensive, but there were few. Gem All day low vibration. At the close, the Shanghai composite index was 2130.54 points, down 0.18%, Shenzhen Composite Index 7586.83 points, rose 0.31%, gem index reported 1363.90 points, fell 1.25%, once fell below half line in the session.

Disk differentiation is serious, sub sectors, steel, wine, media entertainment, biopharmaceutical and other plates are relatively down, oil and gas reform, information security, hydrogen fuel cells, geothermal energy and other active stocks before the decline. After the impact of Shanghai and Hong Kong through Thursday, A+H stocks split yesterday.

Steel prices rise, signs of hoarding now

Iron and steel stocks strengthened, Shougang shares limit, driven Hebei iron and steel, Hangzhou Iron and steel Shares Many stocks are active. News, with the recent rise in steel prices, traders mentality has been stable, from the beginning of the unified dumping began to appear some signs of hoarding goods. During the Qingming holidays, the Tangshan billet price with the vane function rebounded 70 yuan / ton, breaking the 3000 yuan / ton mark. The recent price of iron ore is also 10% higher than the 105 yuan / ton at the lowest point in March. The latest data released by the China Iron and Steel Association show that in late March, the inventory level of key steel enterprises at the end of the month was 15 million 420 thousand tons, down 1 million 619 thousand tons from the end of last month, and the ratio fell by 9.5%. This "go stock" effort has set a new record. Previously, steel social inventories have been down for 5 consecutive weeks. Some analysts believe that the rebound in raw material prices has played an important supporting role in the rise of steel prices.

NASDAQ index plummeted

Affected by the US NASDAQ index slump, the gem represents a drop of more than 2% in the intraday market, and China's equities and new Cape stocks fell more than 6%. The US stock market suffered heavy losses on Thursday (April 10th). The NASDAQ recorded the largest one-day declines in two and a half years, as the biotech stocks and kinetic energy stocks such as Gilead Sciences and TripAdvisor were heavily sold. The Dow Jones Industrial Average fell 1.62%, the standard & Poor's 500 index fell 2.09%, and the NASDAQ dropped 3.10%.

Some market participants believe that the US stock bubble has begun to beckon, perhaps breaking up is only a matter of time. The latest global financial stability report released by the International Monetary Fund (IMF) has pointed out that if the US stock market continues to give liquidity incentives, there will be signs of overvaluation and bubbles. Whether the Federal Reserve's quantitative easing policy can exit smoothly is worth the attention of the market.

The market is hard to see and the trend is down.

Whether the NASDAQ crash will cause gem or fall will attract investors' attention. Some analysts believe that the correlation between them is very low. Two market The listed companies have different cycles. Many of the NASDAQ listed companies are emerging industries that have entered a stable period. The growth cycle has lasted for nearly 5 years, and the short-term adjustment is a normal phenomenon. China's growth enterprise market refers to the growth stage of the sample stock companies. Although the growth rate of gem in 2013 is larger, the growth phase is a normal phenomenon.

Recent blue chip stocks continue to rise, the main kinetic energy still lies in the continuous release of policy benefits, and from the recent decision of the decision-making level, the further positive measures are still brewing. In this sense, although yesterday's Shanghai Composite Index has a callback, the possibility of a trend of decline has been basically sealed off, and investors need not panic selling the blue chip chips. On the contrary, under the pattern of stock capital game, gem stock may be differentiated, and the strong strong effect may lead to limited. capital The stock that chooses excellent performance is gathered.