In February, the ** dynamic incentive plan On the first working day after the Spring Festival holiday, the A** field arrived as scheduled, ushering in the long-lost opening. Just like the warm sun in winter, everyone has been looking forward to it for a long time, and they are full of endless longing for the future. It seems to indicate a good start, and the warm atmosphere of the market has begun to permeate.
People's mood is like a lit firework, excited, and the expectations of the market are getting stronger and stronger. They are eager to continue, without too much logical analysis, just according to their hearts. So, will the market be able to respond to this expectation and meet the public's wishes? Let's wait and see.
The first positive signal: both U.S. and Hong Kong stocks have shown a strong ** trend recently, and there has not been a rush ** before the opening of A-shares as usual. This positive change has had a positive impact on call auctions, which is very likely to trigger a higher opening of A-shares. However, we still need to watch the buying dynamics after the opening. Without significant inflows, the market could fall sideways or even retreat slightly. When this benefit is fully digested by the market, the main funds may choose to leave the market at a high level, passing on part of the risk to the ** who takes over. At present, the chips in the market are relatively dispersed, and the main funds can be flexibly allocated through the strategy of selling high and buying low, while quantitative trading can provide effective assistance.
The second positive: all kinds of consumption and travel data during the Spring Festival show a strong trend. Whether it's tourism, the box office or the restaurant industry, they have all achieved retaliatory growth. This trend indicates that the consumer market will gradually recover in 2024. We must understand that pessimism in the market is often based on individual feelings and ignores the overall trend. With the increase in income levels, the consumer market is expected to usher in continued prosperity, especially in the high-end consumer sector. However, most people still have to work hard for basic living needs such as mortgages and car loans. The third positive: the strong financial data in January made a "good start", mainly due to the low base effect in the same period last year. The overall economic situation is expected to remain favorable in 2024, and pro-cyclical sectors may recover early. This is an objective law of economic development, and market speculation tends to focus on expectations rather than the realization of actual values. While the recovery in the sector is likely to be reflected first in the leading companies, there may still be a time lag in the small- and mid-cap**. After an overshoot** in 2024, small and mid-cap** may face pressure again. 
Tomorrow (February 19), it is the general trend for A-shares to usher in a good start, and there is no need to be too excited. Futures are approaching the delivery date and the end of the month**, paving the way for the March rally. The entrepreneurship and entrepreneurship sector continues**, while the main board may be affected by the outflow of funds from heavyweight stocks. The market is undergoing a change of high and low switching, and the heavyweight stocks that protect the disk in January have risen weakly, and funds have turned to pour into the over-falling**, easily achieving an increase of more than 30%. So, how do investors decide? Defensive ** only shows value when the market is in a downturn, and once ** recovers, its speculation space is far less than that of small and medium-sized caps**, themes and main lines. It is like a magnificent sea, unpredictable and full of endless uncertainty. In this position, we just need to wait patiently, like a fisherman waiting for the waves to bring the fish in front of us. There is no need to have a full position, and there is no need to have a short position, and maintaining a moderate level of management is enough to cope with market fluctuations. We should hold on to the long and short, reduce costs, accumulate more chips, and wait for the main rising wave that occurs once in a few years. At that time, a successful operation was enough to achieve our counterattack.
Those who sold A shares high before the holiday and turned to lurk in Hong Kong stocks, your good start has been fulfilled as you wish. On the weekly chart of Hong Kong stocks, a bright long white candlestick seems to be beckoning to you. However, the post-holiday market may switch styles again, and we must be psychologically expected, keep a cool head, and not be swayed by market fluctuations. In this uncertain world, we need more than just skill and wisdom, but patience and calmness. Let us look for our wealth and success in this magnificent ocean.