Reading guide:The fourth quarter**,There are a lot of "mysterious and mysterious" places,But it's not only this year,But this year it's a lot,In the early stage"Dragon and Phoenix Chengxiang","Zodiac stocks"**,Later"Digital stocks"**To now"Map stocks"** All kinds of reasons and logic have created the appearance of the theme and money-making effect, which is actually not a good thing, because history proves that the overall market environment in this state is poor, and only under this premise, speculative funds will artificially create some so-called hot spots for profit, and there are indeed hot spots to rub!
For example, the recently very popular "map stock" ** in yesterday's words, is the rotation of all parts of the country, we believe that there are two logics, one is the expectation of state-owned enterprise reform, last month mentioned a mouth, said that there is a possibility of the end of each year, because the reform of state-owned enterprises has some VAM agreements, or the progress of restructuring.
This year, there is a special valuation in the front, and the theme of the reform of central enterprises, so there is a trigger point, and it has gradually evolved into a "map stock" ** to go quite mysterious, and there are indeed some hot effects, but the relevant varieties are all in the form of demon stocks, so there is a high probability that speculative funds such as capital are promoting, and it has nothing to do with the value or not, and it has to do with the excess on the **......
Today's market, giving people a kind of fairy fighting, the feeling of suffering from the pond fish, one is reflected in the institutional long and short game, the other is reflected in the market, let's talk about it first, typical such as lithium carbonate, the last 12 minutes from **7% to **11%, I drop a good girl, this is **, what kind of gambling performance makes this situation?But then again, the cost of many lithium mining companies is about 80,000 yuan, and there is almost no profit.
Another example**, the day is close to the state of the limit, the daily level, the trend since June is an "inverted V" trend, the speed of falling is greater than the speed of rising, I have to say, this is really exciting, after all, it is delivered every month, and with different degrees of leverage, so, the trend under the extreme phenomenon has actually ignored the fundamentals, in other words, this phenomenon is not limited to A shares, tradable assets can be!
Institutional long and short game, just look at today's leading industry to understand, that is really ruthless, food and beverage, real estate, beauty care, petroleum and petrochemical and building materials and other industries led the decline, although there are not many industries that fell sharply today, but these are weights, the impact on the index level is too great, but also restricts the play of the market theme effect, super brands, Mao index and Ning portfolio and other concepts led the decline, core assets were hammered.
With the further weakness in the afternoon, the first-level industry was almost wiped out, and even the theme effect embodied in the only remaining medicine and robotics was also dragged down, but fortunately, the degree of drag at the ** level was relatively low, so there was no amplified loss effect, in fact, although the index and institutional heavy positions of the industry led the decline, but the vast majority of ** is just in**, the median ** is only 064%……
Looking back at the index, several major indexes fell **, Zhongyin closed down, and the Shanghai Composite Index fell 115%, Kechuang 50 fell 1%, and the Shenzhen Component Index fell 154%, GEM fell 166%, CNI 2000 fell 073%, however, the Beijing Stock Exchange 50 bucked the trend by 359%, note that the ** of the CNI 2000 only appeared at the end of the market, so it is a dragged down trend.
On the time-sharing chart, the Shanghai Composite Index opened low and went low, then at a low level, continued to probe after 10 o'clock, opened down in the afternoon, and continued to be low, 13After 32 points, it weakened further and there was a new intraday low, the daily line was almost a bald and barefoot bardo, and the yellow line was stronger than ** throughout the day until 13After 32 points, there was a larger decline.
The overall state of the remaining major indices is about the same, so I will not say it separately, but it should be noted that the trend of the CNI 2000 is resonant with the time-sharing yellow line of several major indexes, so the a**field today's ** is brought about by the weight adjustment, and the performance of the industry can be confirmed above.
Today's trend is beyond expectations, it seems to want to vent something, in fact, many expectations are disappointed, and even today has not seen the phenomenon of GJD acceleration as in the previous few trading days, on Monday, we are actually expecting the daily level to diverge from the bottom, but in the end it still fell short, whether it will appear in the follow-up is of course still unknown, but at present, whether it is fundamental, policy or technical, may still need to wait for some time.
1. The total turnover was 784.7 billion.
2. **3580, the loss effect was slightly amplified in the afternoon.
3. The outflow of main funds was 31.2 billion.
4. The outflow of foreign capital was 9.6 billion.
Seeing today's data, you will know why the field of institutional heavy positions is accelerating, which can only be described as a fight between the gods, at the same time, yesterday's shrinkage, today's flat, and domestic and foreign capital is a large volume, so this also means that today's GJD and financing customers may have stopped, so there is a situation of short volume, long wait-and-see, good guys, sure enough, when it is weak, the power of expected disappointment is very ......
Regardless of the quality of today's trend, since the amount of energy has shrunk to below 800 billion for two consecutive days, we continue to tend to shrink, and the amount of sideways near the previous low may be the best choice, at least today's capital sentiment is difficult to make people think of the follow-up volume attack, the time period of the second dip is appropriately extended, and the time for space to digest the bearish sentiment may be the best trend in the past two weeks.
Assuming that Thursday continues today's pattern, and also maintains the state of continued shrinkage, we don't have to worry, because the probability of the bears continuing to smash the market to this extent today is not so large, in view of the bardo of the day K appearing bald and barefoot, the probability of inertia on Thursday is large, today's intermittent short volume state, may be useless to anyone, we are actually more looking forward to panic down, there may be an ultra-short cycle!
I am Muyi, sharing my cognition, but not as an investment basis, profit and loss are the same, knowledge and action are one!
Kunpeng Project