Before dawn, the sky will dawn, waiting for new variables to emerge in the market!
The market continued to grind last week, and although there was a rare cloud-piercing arrow on Monday, the market performance in the following days was still unsatisfactory. Liquor, pro-cyclical and other directions hit new lows this year, but at the same time, with the market sentiment and trading volume further shrinking, and macro weakly related varieties have also begun to parry.
The market lacks sufficient variables, and it is not ruled out that the market will fall below the previous low of 2923, and there is a high probability that there will be an overall reversal after the year.
The Federal Reserve continues to release doves, overseas easing expectations continue, and in the short term, these are conducive to easing the speed of foreign capital outflow in the A** market.
The benchmark interest rate fell for the first time in three months, representing the short-term end of the five-month monetary tightness. As the end of the year approaches, the sense of oppression and necessity of tightening at the denominator end will most likely decrease.
Although the denominator has eased, it is difficult to judge how long this moderation will last, and the numerator is quite unfriendly to the vast majority of investors with low market sensitivity.
As the market weakens again, the Huawei concept has re-emerged as a hedging direction for market theme hype, but it is still more rotational trading, and there are no more new event catalysts in the short term, and there is no new round of trend pricing logic.
The small variety of cross-border e-commerce has also become a fundamental huddle variety to hedge risks, but it needs to be observed whether it can resist the overall sediment of the market and be good at its own value.
The market is still structural**, there is no overall opportunity, before the dawn, the sky will be bright, waiting for the market to appear new variables, stick to the promising direction.
Le Yu Shenghua: There are two strokes of words, one writes the past, writes about persistence, writes about the future, and writes about relief!What we have to insist on is not thinking about the past and not being afraid of the future!
Monday, December 18, 2023, cloudy.
This article only represents Da Le's personal views at that time. It is provided for **for ** purposes only and does not constitute any investment advice. **There are risks and investment should be cautious.