Now there is an interesting thing, the SSE 50, CSI 300 and other broad-based indices continue to reach new lows, but the share of many equity broad-based ETFs tracking the SSE 50, CSI 300, STAR 50 and other indices continues to rise, and the total share of ETFs in the whole market has exceeded 2 trillion, which is the high level of the ETF market in recent years. This also shows that in addition to the continuation of the A** market, many investors are "buying more and more". Under the ** of track growth is king, the valuation of companies with value or small-cap characteristics is relatively undervalued, and when the track growth ** ends, the valuation will fall while the valuation will be revised upward.
The main net inflow into the top five industry sectors: smart speakers, radio and television, petrochemical, condiments, liquor;The top five main net inflows into the concept sector: smart watches, NIO concept stocks, big consumption, MR headsets, Tesla;Top 10 main net inflows: 360, Tianwei Video, Changan Automobile, Leading Shares, Anjie Technology, Wufang Optoelectronics, Dahua Intelligence, Goertek, Xinchao Energy, WuXi AppTec.
Since the end of October, after the gold price stood at a high point of 600 yuan, some consumers held a wait-and-see mentality, and after a short period of calm in the market, they entered the peak consumption season at the end of the year, and the market was hot again. With the increasing demand of consumers for ** jewelry, many ** jewelry brands have also continued to "stake their ground" and actively expand their stores. Riding a bull and watching a bear over the weekend asked about the gold price and then 622 yuan grams, so it is possible to continue the trend of **, the growth of demand in the real industry, for the gold price is also beneficial. **The profits of the jewelry industry have grown steadily for a long time, benefiting from the upgrading of the ** process and the high price of gold, and the incremental value is expected to support the expansion of the number of stores of the enterprise.
Guinea is the world's leading bauxite producer and China's most important bauxite importer. The Guinea oil depot crisis is expected to cause supply disruptions from the two dimensions of ore production and transportation, and the rising market concerns have driven a sharp increase in alumina. Recently, the fundamentals of electrolytic aluminum have remained strong, inventories have reached historical lows, and aluminum prices have rebounded significantly. Riding the bull and the bear believes that the Red Sea problem is further fermented, coupled with the continuous geopolitical events in the periphery, which has a certain impetus for commodities, and the recent non-ferrous metals have risen sharply, which is worth paying attention to related investment opportunities. This event is expected to catalyze the strong operation of subsequent alumina and electrolytic aluminum** and promote the recovery of the plate.
The multimodal capabilities of large models continue to evolve, the marginal improvement of model capabilities and the reduction of access costs may promote the prosperity of the application side. Riding the bull and looking at the bear believes that the AI sector is obvious, which has led to further signs in the market, which is also related to the "black technology" announcement of various major manufacturers at the end of the year. In the weak**, small and mid-cap stocks tend to be stronger, while the technology sector is also prone to a pull-up trend, and investment opportunities are slowly emerging.
With the stable delivery of COMAC ARJ21, the increase of C919 production capacity, and the promotion of C929 development, domestic large aircraft is expected to make efforts in the global civil aviation market, forming a three-legged pattern with Boeing and Airbus. At present, the C919 narrow-body passenger aircraft is full of orders and is in the critical stage of capacity improvement, or will fully benefit from the rapid growth of market demand. **The localization rate of the chain is also expected to be further improved, involving key areas such as airframe structure processing, raw materials such as bowl alloys, aero engines, airborne systems and landing gear. Riding a bull and watching a bear to find that the delivery of large aircraft can often drive the concept of aerospace, national defense and military industry, but this investment logic is difficult to sustain, you can pay attention to the best investment opportunities.
The Shanghai Composite Index is still in the stage of a double dip, and 2023 is over in one week, and this week has entered a new round of year-end lifting of restrictions. In fact, compared with the repurchase of listed companies, pledges and other good news, the number of short sales of the lifting of the ban is a more terrible thing, before the index has not reached a new low, some large funds are still reducing positions, which also shows that today's A shares may not be so "good", the bottom still has to wait for further confirmation from the market, for the time being, it should be cautious.
The amount of the GEM index can be reduced to the extreme, as if no one is involved, in such a **, we must be careful that the GEM index changes from sideways to downward again, and it has little to do with us whether the external disk rises or not, and we are afraid that the external disk will drive A shares again. This position is still to be cautious, small and medium-cap stocks have risen greatly, which has become a well-known thing, once the ** hit market sentiment even more, this is also something that Brother Niu is more worried about.