U.S. stocks continue to reach new highs**, even if the Federal Reserve** begins to speak hawkishly, it has not reversed the upward trend, and interest rate cuts are still the main tone in 2024, which is expected to affect the gradual recovery of the global economy. The A** market is still in the stage of the second bottom, the trading volume continues to be sluggish, the blue-chip index continues to hit a new low, and the small and medium-sized index shows a trend of making up for the decline, from the overall point of view, it is mainly caused by the lack of investor self-confidence. Now it is still necessary to open a way out of the "icebreaker" in order to change the trend of weakness, and the current main strategy is still to wait patiently for the opportunity after the end of the world.
Ride a bull to see a bear spotAccording to the "2024 New Year's Eve Travel Insights" released by Ctrip, the overall domestic travel orders during the 2024 New Year's Day holiday increased by more than 3 times year-on-year, and hotel orders increased by more than 5 times year-on-year, and the search popularity of domestic air tickets on Ctrip's platform increased by 26% compared with the same period in 2019, and the search popularity of domestic hotels increased by 170% compared with 2019. Industry Q4 pays more attention to the pace of improvement in business travel demand, considering that the market has expected a decline in prosperity, if the future business travel demand recovers with the macro economy, RevPAR may exceed expectations, and it is recommended to lay out the recovery opportunities of tourism, hotels and other consumer industries with falling valuations on the left.
The three major indexes collectively opened low, the two cities fell more and rose less, and the theme sectors such as tourism, hotel catering, short dramas and games performed strongly, and the pharmaceutical, innovative drugs, commerce and trade sectors performed poorly. Shipping stocks collectively opened, Ningbo COSCO, Zhongchuang Logistics both bid for the limit, Haitong Development, Jinjiang Shipping and other shares collectively opened, with a number of cargo ships recently attacked in the Bab el-Mandeb Strait and the Red Sea waters, a number of shipping companies have announced that they need to temporarily avoid the Suez Canal route that needs to pass through the Red Sea. Shipping companies have announced the latest freight rates, among which the freight rates of the Far East to Israel related routes have been pushed up to more than 6,000 US dollars FEU. Tourism hotel stocks opened up, Qujiang cultural tourism rose by the limit, Xi'an tourism, Xi'an catering, etc. followed suit, train tickets for the first day of the New Year's Day holiday in 2024 officially went on sale on December 16, and it was found that many popular train tickets have been sold out.
The concept of short drama changed and rose, Huanrui Century rose and stopped, Zhongguang Tianzhi touched the upper limit, Gravity Media, Yuanlong Yatu and other stocks followed up, and Chinese ** overseas products reelshort12 09-12 15 flow income 145$60,000, an increase of 19 from the previous week4%, the total cumulative turnover in November was 6.92 million US dollars, an increase of 97% from the previous month3%。Multimodal AI concept stocks** rose, Insai Group rose by more than 12%, Tianyu Digital Technology rose by the limit, Sitech and iSoftStone rose by more than 5%, overseas large model technology maintained high-speed advancement, and the multi-modal capabilities of large models with visual capabilities as the core continued to be demonstrated, and the rapid development of model visual understanding and generation capabilities is expected to bring broad market opportunities and promote the acceleration of AI commercialization and the opening of the market ceiling. The photovoltaic sector has risen by nearly 20%, Deye shares, Haiyou new materials, etc., have followed suit, and a number of pilot lines of 100MW and above have been built in China, and many companies have signed contracts and planned GW-level production capacity.
The Shanghai Composite Index once rose and turned red after opening low on Tuesday, and there was an obvious ** situation, but it turned green after the red market, indicating that the market trend is still weak. The two cities are still falling more and rising less, still continuing last week's weak situation, this position is still to be careful, the main funds continue to not shoot, the periphery ** new high, the emergence of this bipolar market, often in the uncontrollable direction. In the afternoon, pay attention to whether the Shanghai Composite Index can stabilize above 2920 points.
The ChiNext index opened low and went high on Tuesday, rising more than 1% intraday, showing an obvious trend. The three major indexes have all hit new lows this year, but there is no capital for obvious **, and even some bigwigs have begun to shout: "Increase positions below 2800 points!".Such remarks show that large funds are more uncomfortable, and the loss effect leads to fear when seeing opportunities, and under the extreme weakness of the market, pay attention to investment opportunities with a reversal of emotions. In the afternoon, pay attention to whether the GEM index can stabilize above 1820 points.
Midday news:1The People's Bank of China launched a 7-day reverse repurchase operation of 119 billion yuan today, and the winning interest rate was 18%, the same as before. Today, a 14-day reverse repurchase operation of 182 billion yuan was carried out, and the winning interest rate was 195%。There are 414 billion yuan of reverse repurchase due today.
2.As of December 18, the financing balance of the Shanghai Stock Exchange was reported at 83640 million yuan, a decrease of 10 from the previous trading day6.4 billion yuan;The financing balance of the Shenzhen Stock Exchange was reported at 75681.2 billion yuan, a decrease of 9 from the previous trading day9.9 billion yuan;The total of the two cities is 15,9321.2 billion yuan, a decrease of 20 from the previous trading day6.3 billion yuan.