Yesterday, we barely held the 3,000-point mark at the end of the session, but the trading volume was pitifully small. Like I said, there's really nothing to see in this kind of market. And today, the a** field is starting to look a little weak again, the opening is sluggish, and it has been going down all day, and the 3000-point mark has not been held. The whole trend is just like the weather in the north recently - it's chilling!
The point is that the Shanghai and Shenzhen Stock Connect has outflowed as much as 7.3 billion today, becoming the main force of short-selling in the market. As we all know, foreign investors generally like to invest in white horse stocks and new energy stocks in the CSI 300. But recently, the best in these two fields have fallen very badly, and the first decline in new energy is about 70%, and even strong stocks such as Luzhou Laojiao and Wuliangye have also fallen to new lows.
However, there is good news, the Beijing Stock Exchange bucked the market today**, and the Beijing Stock Exchange 50 Index rose by 36%, most of the ** have risen, like minimally invasive optoelectronics has risen by a full 30%, which completely subverts the decline of the Shanghai market. I think that in the absence of new funds entering, the stock of funds is decreasing, and foreign capital is still flowing out, the funds in the market will definitely flow to those small plates.
In fact, the good performance in the main board market are also some small-cap stocks, such as Sichuan Jinding and Wentou Holdings, which are expected to become the new leaders. In such a market environment, I think we should still pay attention to these small-cap stocks and avoid those with heavy foreign positions.
Regarding the continuous outflow of foreign capital, I have suggested before that the national team should not only stay at 3,000 points, but should take the initiative. Some friends may disagree with this view, arguing that aggressive actions will make it easier for foreign capital to withdraw.
I found something on a technical level. Looking at this chart, he drew a trend line on the quarterly line of the Shanghai Composite Index. In the past ten years, although the performance is not very good, it is generally rising along this trend line. Now, the market is back on this important lifeline.
This line is very critical, and if it breaks, the market could go into big problems. Just like last year's Hong Kong stock Hang Seng Index, which fell below the upward trend line for more than 20 years, this year's performance is the worst in the world, liquidity is almost gone, and even some bigwigs are scratching their heads.
Some people may look down on technical analysis, but technical analysis is actually very important in **. In my opinion, the technical trend of the market is the result of the resonance of many factors, and many sophisticated investors attach great importance to technical analysis.
Therefore, at this critical moment, if the national team wants to stabilize the market, it must take action, and attacking upward is the best strategy to stabilize the market. For our ordinary small investors, if they are already on white horse stocks or new energy stocks, then there is nothing to be afraid of now, continue to be patient.
As today is dominated by white horse weights and themes**, we can continue to focus on opportunities in small-cap themes. For example, those leading stocks after the early crash, or if there is a new hot main line, you can also pay attention to the new leading stocks.