In the five trading days of this week (06/24-06/28), all the three major A-share stock indexes fell weekly, with the Shanghai Composite Index falling 1.03% for the week, the Shenzhen Component Index falling 2.38% for the week, and the ChiNext Index falling 4.13% for the week. Close above the 5-day moving average, announcing the emergence of a phased low!
On Friday morning, the market showed a pattern of opening low and moving high, and finally the Shanghai Composite Index closed up 21 points at 2967 points, and the ChiNext closed down 19 points at 1683 points; There were 3,035 stocks rising in the two cities, including 55 stocks that rose by more than 9% and 505 stocks that rose by more than 3%; 2,066 stocks fell in the two cities, including 15 stocks that fell by more than 9% and 191 stocks that fell by more than 3%.
Nearly 4,500 stocks rose, but from the perspective of trading volume, it was slightly enlarged, and the trading volume exceeded the 700 billion level throughout the day; Now the biggest problem in the market is incremental funds, the market reversal will inevitably be anticlimactic, or very twists and turns and tangled trends, so we must pay close attention to the performance of the amount of energy, if there is no volume of energy support, even the sustainability of the reverse pumping will be affected.
This round of adjustment since May 23 below the 5-day moving average, a total of 24 trading days, including 8 positive lines, 16 negative lines, the first 7 positive line rises all stopped at the 5-day moving average, none of them have effectively stood firm, and Friday's close is finally standing above the 5-day moving average, so the announcement of the stage low has been established.
For the current market, the main thing is to accumulate energy, and the trend can be stabilized first, even if it does not rise continuously, it is considered successful. Now the market is like a seriously ill patient, you can't take drastic medicine, you can only recuperate, slowly recuperate, and enhance your own resistance; Therefore, in the current position, there is not much need to be pessimistic, but there is no need to have too high unrealistic expectations for short-term fluctuations.
In terms of market opportunities, the consumer electronics sector represented by Apple's industrial chain has strengthened significantly recently, and technology stocks are mainly affected by the stock price fluctuations of overseas technology giants such as Nvidia, Apple, and Microsoft, and they pay close attention to the performance of their corresponding segments in the short term.
This week, who has the main fund added to the position? Who has reduced their positions?
According to the data, from the perspective of net purchases, the main funds mainly increased their holdings of medical devices and construction machinery this week, of which the medical device sector topped the list, with a net purchase amount of 344 million yuan. From the perspective of net selling amount, the main funds mainly reduced their holdings in semiconductors, software development, securities, Internet services, photovoltaic equipment and other industries, of which the semiconductor industry ranked first, with a net selling amount of 12.587 billion yuan.
The data shows that the top 5 stocks with the largest total increase in the main funds are Lingyi Intelligent Manufacturing, Weichai Power, Muyuan Shares, Midea Group, Sany Heavy Industry, and the top 20 stocks in the total amount of main funds increased this week are related to consumer electronics, banks and other sectors.
According to the data, the top 5 stocks with the largest total reduction of main funds are Cialis, Oriental Wealth, LONGi Green Energy, Tianfu Communication, iSoftStone, and the top 20 stocks in the total amount of main funds reduced this week are related to semiconductors, software development, computer equipment and other sectors.
(Disclaimer: The content of this article is for reference only and does not constitute investment advice.) Investors act accordingly at their own risk. ）
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Author: Xu Shirong
Editor: Li Ang Producer: Wang Junji This article involves individual stocks for reference only, and is not recommended for trading, and is not responsible for personal gains.