Shanghai Stock Index Crash Risk 2900 Points To Do A Good Job In Capital Management

On Friday, the middle of the afternoon, some banks stopped small equity pledge and only accepted the news of the 300 shares of Shanghai and Shenzhen stock market. The stock index of Shanghai and Shenzhen two cities was fierce dive in the afternoon and the Shanghai index fell over 4%.

Gem also dived.

Coal, iron and steel, oil and nonferrous metals are still the worst hit areas, and the coal and steel sector plummeted over 5%.

In the process of market decline, extreme emotions will emerge and be contagious, and then the selling will intensify. Until the last person sells, the stock index will reverse.

The recent emergence of negative equity conceals the reduction of large shareholders, devaluation of the renminbi, and the promotion of registration system.

Although the author can give the corresponding good, but in the weak market, good will be ignored, the bad will be constantly exaggerated.

Under the herd effect, the market can not be analyzed and quantified by index technology.

There is no doubt that the valuation of small and medium-sized squeezed space, but the main board of some stock valuation advantage has been highlighted, in fact, the fall is the best time to absorb in batches, especially for value investors and reverse investors, low price is the best margin of safety.

In operation, we should pay attention to controlling the positions, do well the control of positions and funds, and control risks within the limits that can be controlled.

On Friday, the Shanghai and Shenzhen two stock markets also fell across the board. Among them, the ST concept, aircraft carrier, general aviation, second child policy and super capacitor plate declined less than 2%, and relatively cold chain logistics, the Silk Road and Guangdong, Hong Kong and Macao free trade zone decreased significantly, with a decrease of 6.13%, 6.02% and 5.82% respectively.

As for stocks, only 247 stocks rose in all A shares on Friday, and 2306 stocks fell.

Among them, there are more than 80 stocks down.

At present, the market bottoms up at the low point of 2850 points, and the overall market starts to shake sideways. But the market mentality is unstable, which leads to the pressure of selling. The fund is cautiously warming. Investors should not copy the bottom at this time. It is advisable to watch more and move less and wait for the trend to be established and then intervene.

In particular, whether Vanke A will open next Monday and how to perform after opening, there is also some misgivings. Vanke A's weight is relatively large, and its impact on the market is also large, making OTC funds more cautious.

If the message is fulfilled, the market will go into the normal track, and the chance of market rebound will increase.

From the market environment, after experiencing a sharp decline, the possibility of rebound itself, but because the market trend has weakened, every time,

The intensity may not be too great.

It takes time for the market to change from weak to strong, and the bottom is a process.

When the index continues to hit a new low, learn to rest, do not blindly copy the bottom.

For the future market, the confirmation of the bottom stage takes time, and there is a repeated process.

At present, the market is running in the 2850 point to 3684 point box, if the lower edge of the box is not effectively broken down, the market trend is normal, and the opportunity for individual stocks to rebound also exists.

If we fall below the bottom of the box and the market is down again, we should continue to wait and see.

Waiting for opportunities.

The offshore renminbi has experienced a large fluctuation, and has entered a two-way fluctuation under the intervention of the central bank, offshore and offshore RMB arbitrage. The devaluation pressure of the RMB has slowed down, which is conducive to the reduction of the RMB's depreciation pressure.

The stability of A shares for valuation assets.

In December, the growth rate of imports and exports was better than expected, indicating that the effect of RMB devaluation is emerging.

On the open market, the central bank reversed its repurchase of 80 billion yuan and 160 billion yuan on Tuesday and Thursday respectively. The reversal of the repurchase last week was 200 billion yuan, and this week invested 40 billion yuan into the market.

For two weeks in a row, the central bank has invested 230 billion yuan in the market. In addition to easing liquidity constraints, it also laid the foundation for capital demand before the Spring Festival.

Liquidity is still loose, and the market continues to weaken, which is closely related to fundamentals, valuation, trends and risk appetite reduction.