The start is back to 2900 points! The five major news in the early hours of this morning are in full fermentation (220）！
First, the first trading day after the Spring Festival holiday, but also the first trading day of the Year of the Dragon, the final ** as scheduled strong closing up, the perfect to come to a good start to the Year of the Dragon, but also a big start to the rise, all the indices all *** to achieve a good start to the Year of the Dragon at the same time, but also for the whole year's trend set a good tone.
It seems that the change of commander before the holiday is awesome, the new official took office with three fires, and the three fires burned very vigorously during the holiday, which all had a positive effect on the surge. The change of coach is the rallying call, and maybe the big bull market will break out this year.
Second, Monday's ** is still a northbound capital to sell scissors, the emergence of the two main lines for the market is likely to go out of the direction of more than expected, the first main line is the main line of the special valuation of the big finance, this main line resisted the pre-holiday stock market crash, and it is very stable, although slow but is the slow trend. The second is today's concentrated outbreak, mainly affected by the periphery of the holiday, there are new technological breakthroughs in the direction of artificial intelligence, which strongly stimulates the artificial intelligence disk, and it can also be seen that there is an obvious rush for funds in this direction, and this direction is also over-falling, so this wave of over-falling ** two main lines, one is that the Chinese word will slowly maintain a stable ** situation, artificial intelligence continues to broaden, every new technology update iteration, especially when the breakthrough is fast, There will definitely be a strong stimulus for money.
Third, there may still be room for the market, but it may be too early for a reversal. On the one hand, during the Spring Festival, many positive parties pushed the index upward, which had the effect of emotion. Before the Spring Festival, the regulatory force and the national team took action, and the market momentum was also continued. However, this is still caused by short-term stimulus, which is beneficial to the market, but in the absence of substantial boost, the reversal momentum is not enough; On the other hand, the current economic recovery is still weak, although we can see the bottom of multiple cycles, but the repair of the whole line still needs the continued force of policy and the emergence of substantive change signals. At present, it is not strong, and the probability of reversal is not high; In addition, the historical reversal has often continued to perform with equal weights such as financial consumption, but this time the bottom area of the ** is more of a theme stock, or it is still a repetition in the process of grinding the bottom.
Fourth, the continuous adjustment since August 2023, the market has basically entered the historical bottom area. On February 6, 2024, ** Huijin announced that it would increase its holdings, which boosted liquidity confidence and became an inflection point for micro liquidity repair. As the market returns to a steady state, the essence of where A-shares are bottom will depend on valuations and earnings.
5. From August 2023 to January 2024, it is an extremely painful experience for A-shares, which has continued after the financial war, but this process is also a process of continuous takeover by large domestic institutions, and it is also a process of quantitative change to qualitative change. Until February 5, before the Spring Festival, a large amount of funds entered the market**, guiding the volume of A-shares to overfall**, which shows that the game between the long and short super main forces has completed the reversal at that moment, and the bulls have turned from passive pick-up to active attack, thus the qualitative change has arrived.