TodayThe market opened low, but then quickly rose, but soon began to smash again, and rose again at noon. Today, so to speakThere is a clear ** trend, and the whole trading day is carried out in **. Although the three major A-share indices are all showing a trend at the time, they are still facing many uncertainties and the market trend is still uncertain. The Shanghai Composite Index is 014%, closing at 2918 points;Deep Component refers to **038%, closing at 9256 points;ChiNext Index**0.31% to close at 1831 points. Although the three major A-share indices have all shown a trend, the situation is not simple. The situation is mainly reflected in two aspects.
Judging from the situation on the disk, thoughChiNext Index031%, but **The number reached 844, and the **There are only 457 of them. The Shenzhen Component Index had the biggest gainer among the three major indexes, but only 997 stocks were gained, andThe number reached 1,792. The Shanghai Composite Index is in a similar situation. That is, todayThe ** is mainly reflected in the index, and the ** aspect shows a general ** trend, the Shanghai and Shenzhen marketsThe number is more than 3,000. So, thoughThere was **, but the overall situation is not optimistic, and there is no opportunity for the market to make money. There is an explanation for the emergence of this situation, namelyHeavyweight stocksWhile maintaining the index**, most small and mid-cap stocks are forgotten by market funds. This phenomenon is not uncommon and has been a regular occurrence before.
On the other hand, although the three major A-share indices are all in **, funds are still in a state of net outflow. Today,Main fundingThe single-day net outflow reached 14.7 billion yuan, which was still a net outflow although it was lower than the previous trading day's 32.1 billion yuan. Moreover,Main fundingIt has been in a state of outflow since the 7th of last month. To make matters worse, the volume is not encouraging. Usually, the volume is determined by the level of volumeThe degree of activity,TurnoverHigher is the sign of active trading, while lower volume is the sign of sluggish trading. According to the data, today's Shanghai and Shenzhen stock exchangesTurnoverOnly 608.1 billion yuan, the Shanghai Composite IndexTurnoverIt is only 261.5 billion yuan, a new low since September 21, indicating the currentTrading was very sluggish, and the shrinkage was serious. This means that funds are reluctant to enter the market to take over, and the market as a whole still maintains a cautious attitude and lacks the willingness to undertake orders. Shrinkage**The ** may follow, but it also illustrates a problem, usually, when the shrinkage reaches the extreme, the market tends to usher in a certain short-term directionality**. Therefore, there may be some movement in A-shares in the near future.
All in all, out of the blueDrive low and go highBut it's not simple. Index**, but **universal**;Index**, net outflows. Currently aThe field is still in the bottom-finding stage, and it has not really come out of the obviousFlat**, so the current level is still not robust enough, and the market still needs time to verify. Of course, at the current point, the overall risk is relatively small.
TodayThere is indeed a certain amount of complexity. Although the three major A-share indexes have a ** situation, there are two main problems: on the one hand, the overall performance of ** is weak, and it is generally showing a ** trend;On the other hand, money is still flowing out of the market, and there is no large-scale inflow.
For the first question, although the index **, ** is generally encountered**,ChiNext Index031%, but there are 844 **, only 457*** Similarly, the Shenzhen Component Index ** has the largest range, but this is only because of a few ** pulled, the overall index ** is only 997, and ** is as high as 1792. A similar situation exists for the Shanghai Composite Index. Therefore, today** is mainly reflected in the index, while most ** have failed to make substantial gains. The market center of gravity remains skewedHeavyweight stockssectors, while small and mid-cap stocks are forgotten by market money. This phenomenon has also been frequent in the past and is not uncommon.
As for the second question, despite the overall ** of A-shares, there is still a net outflow of funds. On the same dayMain fundingThe net outflow reached 14.7 billion yuan, although it was lower than the previous trading day's 32.1 billion yuan, but still showed a net outflow. Moreover, since the 7th of last month,Main fundingIt's always in an outflow state. In addition, the volume also failed to give the market an optimistic signal. Traditionally, volume is measuredAn important indicator of activity, highTurnoverIt means that the market is actively traded, and low trading volume means that trading is sluggish. The data shows that today's Shanghai and Shenzhen stock exchangesTurnoverIt only reached 608.1 billion yuan, and the turnover of the Shanghai Composite Index was only 261.5 billion yuan, which refreshed a new low since September 21, indicating that's trading activity is very sluggish. That is to say, funds are not very willing to enter the market at the current market point, and the market as a wholeRisk appetiteStill cautious. This also leads to:Shrinkage**may appear, but it also shows that, in general, when trading volume is extremely shrinking, there is usually a certain short-term directionality in the market. Therefore, A-shares are expected to fluctuate to a certain extent in the near future.
To sum up, suddenDrive low and go highThe reality is far more complicated than it seems. Index**, but **universal**;index**, funds are still flowing out. aAt present, the field is still in the stage of bottoming out, and it has not yet formed an obvious oneFlat**。The market is still unstable at the current level and will take time to verify. Of course, the overall risk is small at the moment.
TodayDrive low and go highRemarkable, of courseDrive low and go highThe reasons are twofold:
First,Heavyweight stocksin the maintenance index. Although the overall index is **, **most of them are showing ** trend. This means that the market focus is still skewed towards the weighted sectors, while small and mid-cap stocks are overlooked by market funds. This is not uncommon and has often arisen in the past.
Second, money is still flowing out of the market. Despite the overall A-share market, there was still a net outflow of funds. Main fundingToday's net outflow reached $14.7 billion, a decrease from the previous trading day ($32.1 billion), but still outflows. In addition, trading volume is also depressed, indicating that the market is not active in trading activity. This means that funds are less willing to enter the market at the current point, and the market as a wholeRisk appetiteCaution.
Personally, I think that at the moment aThe field is still in the bottom-finding stage, and there is no obvious one yetFlat**。The current point is not stable enough, and the market still needs time to verify. However, due toShrinkage**** usually ushered in a certain short-term directionality after extreme shrinkage**, so there may be some volatility in A-shares in the near future. Overall, aThe risk is relatively small, but caution is still needed.