This week, the Shanghai Composite Index did not stabilize the support of 2,900 points, and the GEM also broke through the pressure of 1,700 points, prompting the trend of white horse stocks to fall. Superimposed on the current **** more than 4,000 companies, so that the short cycle is still in the time of risk escalation. Will the ** behind it be turned on** or will it continue to fall?
News is coming
News 1: As of last week, the GEM ETF market has shown a clear trend of net inflow of funds, among which, the share of GEM ETF** has expanded by 47.9 billion copies, with a net inflow of 76.8 billion yuan, the scale of ** reached 3968.7 billion yuan, creating the highest level since listing.
The GEM 50 ETF and the ChiNext 50 ETF also gained 50.6 billion and 3The net inflow of 6.8 billion yuan has increased in share and scale.
Peony believes that the reason why the share of GEM ETFs has reached a new high is that the decline of GEM is too miserable, which may be a factor for some investors to buy at a low level. In the past few years, the index of the new energy and pharmaceutical sectors has fallen by more than 50%, and when the three major stock indexes fell this year, the gem was also the sector that fell the most.
However, the GEM brings together high-growth and high-innovation enterprises, and there is no doubt about their growth and prospects, and it has also attracted the participation of many long-term funds and institutional investors.
On January 29, the average daily turnover of the GEM ETF market was 1203.5 billion yuan, accounting for about 10% of the non-monetary ETF market. The vitality and liquidity of the ChiNext ETF market also reflect the investment value of ChiNext ETFs.
Peony's view is that the GEM is likely to still be risky, but in the medium and long term, the GEM is already a time of outstanding value.
News 2: Recently, one of the highlights of ** is that the mysterious funds have shot again, taking advantage of the CSI 300 ETF to protect the disk, and several popular products have been increased many times. Who are these mysterious funds, and why do they need to protect the disk?
Peony believes that regardless of institutions or other large funds, their purpose is to stabilize the market's sentiment, prevent the market from accelerating sell-off, and maintain the best order.
However, some people believe that these mysterious funds may be some private equity, brokerage and other funds, in order to obtain excess returns in the market for the low-valuation varieties of the market. Either way, it shows that there are still some optimistic forces, and they believe that ** has reached a relatively low level and has a certain investment value.
Helplessly, there is also a hidden concern about the disk protection behavior of these mysterious funds, that is, they mainly focus on the CSI 300 index and other ** blue-chip directions, and these directions for those investors who do not have a layout of CSI 300 constituent stocks can not bring too many gains, and may even cause some losses.
Because the ** in these directions is often higher in valuation and less volatile, and the ** in the market often needs some high-valuation growth stocks, with high elasticity and strong hype effect. It can be understood that the effect of such a protective disc is greatly reduced.
Prepare for a big change
From the news 1, the more the gem, the more funds to buy, indicating that the funds to buy the gem are not ** investors, it is likely to be long-term investment by institutional investors, but unfortunately it is still not possible to let the gem**.
From the news 2, the mysterious fund protection is likely to continue, but the three major stock indexes have not appeared**, indicating that the impact of the disk protection is decreasing.
Peony expects, Monday and Tuesday, the protection of the disk funds also contributed, the three major stock indexes still did not appear a big rise trend, the New Year is now getting closer and closer, get ready, a big change is likely to be brewing, a few days before the New Year, ** is likely to change the big rise, or big change big fall.
But peonies are more inclined to change and rise sharply.
Because the enthusiasm of investors to trade in the Spring Festival will decline, institutional investors may take advantage of this opportunity to start playing ***, prompting many institutional investors to make profits in a few trading days after the New Year to reduce losses in recent days.
The content does not constitute investment advice, peony investment ideas for reference, thank you for lighting up your little thumb!