Big A overreacted on Tuesday!Just last month, Moody's downgraded the outlook for the U.S. sovereign credit rating, but U.S. stocks are still hitting new highs. Historically, every time Moody's downgrades our evaluation, it does not have much impact on A-shares.
On Tuesday, the concept of metaphysics was upgraded again, and mahjong "East, South, West, North, Middle, and Whiteboard" was fried today, why did A shares become like this?When people can't see the logic of the market clearly, "speculation" is the biggest logic.
In the final analysis, there is still a lack of confidence and anticipation for the future!In addition, in terms of the first-class system, it is necessary to fundamentally solve the problem of imbalance between the financing side and the investment side and promote a positive cycle, which is the fundamental reason why A-shares cannot get up.
Yesterday's top decline is mainly the recent rise in technology stocks, hw-related technology stocks fell sharply across the board, for these continuous rises, we still have to pay attention to the risk, ** The theme of the previous rise is at risk of making up for the fall.
In the same way, the fuller the **, the more powerful the next**, as we expected: next week**bottoming out, New Year's Eve** opens, and the technology line must be an unavoidable direction.
The core reason is that Big A lacks constraints on the company's listing and money!The number of IPOs is the world's first all year round, and the continuous issuance and refinancing of listed companies have formed a huge wealth rent-seeking mechanism, corporate financing is convenient, and listed entrepreneurs are making wealth, but what about the reasonable return of shareholders in the secondary market
In the past, the economy was good, the market was large, and the incremental funds were sufficient, and this problem could still be covered up. But now Big A is a typical stock game, or even a reduction game market!Against the backdrop of a lack of money, this will only accelerate the flight of funds from the market.
Today will be a day of long and short showdown between the forces of all parties, and the big A is obviously overly panicked today, and it is worth buying this morning!
With the release of the risk of Moody's downgrade, **should open slightly higher** today**, but after the 3000-point mark is broken, it will change from support to pressure, and the strength will not be too large. Maintain the outlook for today's blog post unchanged.
Looking forward to today, in addition to the impact of sudden major news, the main operating range is 2970-3000 points, the limit operating range is 2960-3010 points, and the maximum amplitude is 50 points. It is expected that today's ** slightly higher opening probability is large (when the opening is near 2975 points), the opening of a moderate decline to scare off the small scatter, and then gradually stabilize ** rebound, but I am afraid that I will not be able to recover the rapid downward 5-day line.