Why is it so difficult for the stock market to rise to 3,000 points at 8 o clock in the morning?

Mondo Finance Updated on 2024-01-29

Why is it so difficult to rise to 3,000 points?

*8 a.m. Lao Sha Zi**.

Wednesday, December 13, 2023

Daily Jeong-Do Avenue news

U.S. stocks rose for the fourth time in a row

New highs for the three major stock indexes are imminent

The Dow rose 17301 point, an increase of 048% at 3657794 points;

The Nasdaq rose 10091 points, an increase of 070% at 1453340 o'clock;

The S&P rose 2126 points, an increase of 046% at 464370 points.

Up 1$90, an increase of 01% to close at 1995 per ounce$60.

Down 2$71, a decrease of 38% to close at 68 per barrel61 USD.

(Sha: 1. U.S. stocks recorded their fourth consecutive trading day**, continuing the momentum of the previous six consecutive weeks**, with the three major stock indexes all hitting new highs this year, and the S&P rebounding to its highest level since January 2022.) Another all-time high in U.S. stocks is just around the corner.

2. The Federal Reserve will hold a two-day monetary policy meeting starting on Tuesday and announce its policy decision on Wednesday. Traders now widely expect the Fed to open the door to rate cuts as early as March next year, and current expectations for the end of next year are more concentrated in 4%-4%.35%, i.e. 1A 25 percentage point rate cut, with each rate cut of 25 basis points, is equivalent to five rate cuts.

3. As of this morning, the U.S. dollar index is 1038000 points, offshore yuan is 71,900 yuan, and the onshore yuan closed at 71763 yuan. )

Yesterday, the Shanghai Composite Index regained 3,000 points

1. The total turnover of the Shanghai and Shenzhen markets was 78749.6 billion yuan, a decrease of 1240 percent from the previous trading day0.2 billion yuan.

2. A total of 2920***1949 stocks in Shanghai and Shenzhen are 214 stocks that are flat, and 3 stocks are suspended. Excluding the new stocks listed on the same day, there are 52 **up limits and 7 **down limits.

The net outflow of main funds was 13.5 billion yuan

The main funds of the Shanghai and Shenzhen stock markets had a net outflow of 135 yesterday$2.4 billion. Among them, the GEM net outflow was 611.4 billion yuan, with a net outflow of 28 in CSI 3002.4 billion yuan, with a net outflow of 58.2 billion yuan.

The flow of funds in the sector is as follows

The net outflow of northbound funds was 5 billion yuan

The turnover of northbound funds yesterday was 9792.2 billion yuan, with a net sale of 502.4 billion yuan, net selling for 2 consecutive trading days. Among them, the Shanghai Stock Connect net sold 182.9 billion yuan, and the Shenzhen Stock Connect net sold 319.5 billion yuan.

(Sha: The following figure is a diagram that has just been intercepted from **, and it can be seen that the current "volume" of northbound funds -

Dragon and Tiger List

According to the data of the after-hours Dragon and Tiger List, the total net sale of institutional seat funds yesterday was about 1600 million yuan.

ETF trading volume has increased significantly

Recently, a number of ETFs have continued to receive net subscriptions, with significant amplification of trading volume and obvious signals of capital entry.

(Sha: According to data estimates, as of December 11, the net subscription amount of **-type ETFs since October 23 exceeded 34 billion yuan.) Among them, since December, the net subscription amount of ** ETFs has exceeded 22 billion yuan. **Friends can also pay attention to ETFs. )

The feeling of old sand

As shown in Fig

The upper notch and the lower edge are 3022 points

There is a stage low of 2923 below

It's been around in the near future

These 100 points rise and fall in the box

3022 points have a pulling force

Filling the gap is a multi-pronged goal

Look at it again

Daily, weekly, and monthly** charts of the Shanghai Index

All of them resemble the "arc top" pattern

The medium term is still not optimistic

This, perhaps, is

Up to 3,000 points

That's why it's so difficult

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