Today's A shares are still almost routine, falling - protecting the disk --- falling - and then protecting the disk, in this repeated trend to complete a dull trading day, it is estimated that yesterday to buy the bottom and want to do a wave of rebound people today is also a dilemma. Specifically, let's take a look at today's A-share data:
Today, the SSE 50 and the CSI 300 are still relatively resistant, the weakest is the Science and Technology Innovation 50 and the ChiNext Index, and the Beijing Stock Exchange 50 is the direction chosen by the capital, and the major indices have fallen more and risen less. The turnover of the two cities today was 648.2 billion yuan, a decrease of 6.8% from the previous day. Today, the net outflow of the main forces of the two cities was 26.9 billion yuan, and the net outflow of domestic capital decreased by 36% compared with the previous day. Northbound funds sold a net of 3.364 billion yuan, and the main forces of domestic and foreign capital are still short today, and there is no incremental capital entering the market.
Today, the ratio of individual stocks in the two cities is 1.22:1, with a limit of 69 and a limit of 59, although the market makes money in general, it has improved significantly compared with yesterday and the performance of the index, as long as the major indices do not plummet, the market can still have some money-making effect. On the plate movement, there are 8 sectors active and strong today, and 4 concept plates are weak, of which semiconductors have repeatedly weakened in the morning and afternoon, which is also the culprit of the biggest decline in the Science and Technology 50 today.
From the perspective of ups and downs: tourism, industrial machine tools, vitamins, medical waste treatment, and reducers are among the top five gainers, and it is expected to turn around losses, semiconductors, large fund holdings, recent strength, and automotive chips are among the top five decliners. Driven by funds: broken net assets, low price-earnings ratios, low price-to-book ratios, banks, and high-dividend stocks are among the top five net buys, while non-cyclical stocks, chips, artificial intelligence, 5G concepts, and smart cities are among the top five net sellers.
Judging from the data, today's shrinkage adjustment, the reduction of sell-off and the reduction of incremental funds are also reduced, but the rise and fall ratio of individual stocks is acceptable, the market still has some hot spots, and funds are more inclined to dividends and abandon the technology sector. Judging from the data, there are still no bottoming three elements, and it is only seen as a slight resistance in the decline.
Outlook on the market:
Today, the science and technology 50 also fell below the platform, and all major indices have entered the downward channel, at this time the amount of energy is very important, just like yesterday continued to sell below 3000 at the same time the national team also increased the protection of the disk, but today's lack of selling and incremental funds have proved that the decline has not been fully released and suppressed. It is not surprising that this trend is falling short (2867), and you can pay attention to whether there are three elements of bottoming in the transaction before deciding whether to buy the bottom.
The bottom three elements still do not appear together:
1. Market volume
2. Financial indices continue to protect the market
3. Northbound funds continued to buy net
So at this time, whether it is cutting meat or copying the bottom, it is a test for the public, and I have persuaded many times in the past few weeks, but now it is difficult to say that everyone can only ask for more blessings.
As a cyclical investor, I should be grateful for this hard-won gold pit, because I firmly believe that the cycle will be reincarnated, extreme panic will turn into extreme greed, and the price will recover when this irrational time finally stabilizes, and even the biggest opportunity in the second half of the year is here, specifically referring to the market repair from February to April after the collapse in January. Of course, this kind of trading is not suitable for everyone, and it is better to do it according to your own trading system.
The above are today's market notes, which are only used as personal daily reflections on the market and are not intended as trading advice. Investment is risky and should be traded with caution.
I focus on indexed investment, advocating the theory of stock market cycles and comprehensive allocation. Daily update of A-share review logs and fund real trading notes. The above content is only a testimony of the unity of knowledge and action in your own investment, and friends who are interested in indexation investment are welcome to leave a message or pay attention to not get lost.