The Shanghai Composite Index of 3000 points has really become a curse of the stock market, and everyone in the market will be staring at this magical number, and it happens that this point is exactly the position of the second half of the line. The 3,000-point Shanghai Composite Index has also been likened by investors to the magical "Hu Huanyong Line" of China's economic geography.
In fact, from the long history of China's stock market for more than 30 years, although there have been countless times of competition for 3,000 points of the Shanghai Composite Index, each time the market is facing different fundamentals, market size, market structure and other factors. As an investor with a small business, only by finding a suitable investment target and a suitable method for settling down in the market can you survive in the current market and wait for the arrival of future opportunities.
Is there still a chance for the stock market in the future? The answer is yes, the key is the specific time and space in the future. For now, the 3,000-point defense battle still has to be regained. If the effective breakdown of 3000 points, all the short-term and medium-term moving averages within the annual line are hanging high above, the support below is to test whether 2635 points are effective, 2635 points The lowest index in the first half of this year, whether it will be the lowest index in the whole year of this year, in the second half of the year has to wait and see.
In fact, the rise and fall of the index is not the biggest risk to the market, the biggest risk to the stock market is that investors continue to exit the market. In the last week of the first half of the year, the daily trading volume of the Shanghai and Shenzhen stock markets shrank to about 650 billion yuan, and the stock accounts with 200 million accounts opened are claimed to have 200 million accounts, and the accounts that really have transactions have shrunk to below 500 billion, a large number of dormant accounts are lying there, and the stamp duty on stock transactions in the first half of this year fell by 50% year-on-year, these data are the more important observation points.
The stock trading in the first half of the year is over, this year's Shanghai Stock Exchange opening index is 2972 points, the highest in the first half of the year is 3174 points, the lowest is 2635 points, and the half-year K-line drags the cross K-line with more than 200 points of upper shadow and more than 300 points of lower shadow. The market is still pinning its hopes on the wealth effect of the stock market in the second half of the year. It is hoped that the upper shadow line will break through in the first half of the year, and the point of 2635 points will not break through in the second half of the year, and become the real market bottom in the next N years, so that it can be said that the bottom of the Chinese stock market will be consolidated in 2024.
Next week, the stock market's journey for the second half of the year begins to set sail. Whether the stock market can turn over in July is the first point to watch in the second half of the year; The second point of interest is whether the semi-annual report market can bring the market of individual stocks, when the market is not good in the past, you can always find big bull stocks, and you can't turn red on the whole market, but you can always establish a red base for individual stocks and plates, and it is worth looking forward to in the second half of the year; The third point of interest is that in the first half of this year, the IPO in the rest can bring new quality productivity and high-quality stocks in the second half of the year, and the IPO is always lying on its stomach half-dead, which is not conducive to the healthy development of the market, and the IPO is stagnant, which is not conducive to the development of China's economy and even drags down the economic development, which also needs to be paid attention to; Finally, fourth, we should also pay attention to the gains and losses of the Shanghai Composite Index of 3,000 points, the magic number of 3,000 points has been on the market for a long time, and I hope it will not become a "Hu Huanyong line" in the Chinese stock market.
The author of this article, Mr. Ying Jianzhong's course "Investment and Financial Management", has been settled in the member service area of "Yicai Knows", click on the "
Author: Ying Jianzhong
Editor: Xu Jinhua
Producer: Wang Junji
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