The turnover dropped sharply.
Today's market conditions are affected by factors such as the continued sharp rebound of the US dollar and the full circulation of ICBC. On Tuesday, dragged down by the weakening of the weight plate, the Shenzhen-Shanghai market launched a deep adjustment. The Shenzhen and Shanghai stock indexes fell by 3 14% and 2.83% respectively, and both closed at Yinxian, with a turnover of about 235.224 billion. Judging from the running trend of the stock index throughout the day, the Shanghai Composite Index oscillated downward after opening at 3086.09 points in the morning, continuously breaking through the support of the 5-day and 10 moving averages, and fell to 3020.49 points near the 60-day moving average, and finally closed at 302 1.46 points, and the gap of 10 moving averages was completely covered. Shenzhen Component Index began to adjust the market substantially accordingly.
= = = Introduction to this article = = =
Hot spot analysis: What's the plot of Yin Chang's main force | Multiple pressures cause the market to plummet | Can it stabilize around 3000 points?
Market outlook analysis callback gap bargain-hunting chips | US dollar index determines the trend of A shares | Opportunities come from the low tide.
The key weights of individual stocks are collectively depressed, and the Shanghai Composite Index is pushed down by 3000 points | Adjusting and selecting individual stocks in one step is the way to win.
What is the plot of the main force of heavy volume and Long Yin?
On Tuesday, the market opened lower and went lower. Individual stocks fell more and rose less. As US stocks fell, the US dollar rebounded, and coal, oil, nonferrous metals and other sectors dragged down the market. At the close, the Shanghai Stock Exchange reported 302 1.46 points, down 2.83%, while the Shenzhen Stock Exchange reported 124 12.5 points, down 2. 14%, and the turnover of the two markets was about 230 billion.
From the news point of view, due to the impact of the rise of the US dollar index on the decline of the energy and raw materials sectors, US stocks fell again on Monday on the basis of last Friday's sharp drop. The Dow Jones Industrial Average fell 104.22 points, or 1.05%, to 9867.96 points. Crude oil futures fell 2.3% to $78.63 a barrel. Gold futures fell 1.3% to 1.042.80 USD per ounce. The rebound of the US dollar has a great impact on international commodities, which is transmitted to relevant listed companies and then affects the decline of US stocks, which also drags down the trend of the A-share market.
Judging from the disk, today's market weakness is mainly caused by the decline of the external market and the technical repair of the broader market. In addition, the psychological pressure brought by the approaching listing of GEM has led to the market volatility. From the perspective of sectors, except bicycles, other pressure-bearing sectors in the market are in a green state, and the coal industry, non-ferrous metals, steel industry, shipbuilding, financial industry, real estate and other sectors have fallen sharply.
According to the analysis of the market outlook, although the market fluctuated today and there was no panic selling, we still think that the market is a strong one. After jumping from the market to the 60-day line, there is no effective retracement confirmation process in the market. Today's callback is just a confirmation of breaking through the 60-day line. Looking at the market, the direct negative seems to be small, and the trend of dollar depreciation has not changed. The global economic recovery is a foregone conclusion, and the completion of the disclosure of the third quarterly report at the end of 10 should be the reason for the market rise. As an appropriate measure to deal with the financial crisis, the improvement of China's economic situation and the first quarter of next year will be the concentrated reflection period of China's macroeconomic policies. Therefore, we believe that the performance of listed companies in China will continue to grow, which will be the main driving force for the China stock market to rise. Looking forward to the market outlook, as a strong market structure has been formed, the market will only fall back and stabilize with each step, and the market will continue to rise after stepping back. With the launch of the Growth Enterprise Market, the main board is likely to take advantage of the launch of the Growth Enterprise Market to get out of a relatively beautiful market, so the short-term decline is more about considering the opportunities given by the market to buy stocks.
In operation, high-quality varieties can be laid out on dips when the market falls back. It is suggested to pay attention to the band operation opportunities of potential varieties such as medicine and Expo in the short term. (Guocheng Investment)
Multiple pressures have caused the market to plummet, and there are still consolidation requirements in the short term.
Under the pressure of multiple negative news, the A-share market ushered in the biggest one-day decline since the National Day today, and both cities closed the big negative line. The previously well-supported 5-day line and 10-day line fell in turn, and the gap formed last Tuesday was also covered. In early trading, the two markets opened lower and then consolidated at a low level. The gap between 10 line and 3039 point is slightly supported. However, due to the weak trend of resource stocks, other large-cap blue-chip stocks also performed poorly, and the rebound of the market was weak. After the continuous low consolidation, the tail market accelerated its decline, showing a trend of heavy volume. At the close, Shanghai stock market fell 88 points to close at 302 1 point, while Shenzhen stock market fell 40 points. Closing at 124 12, individual stocks generally showed a downward trend. Only about 200 stocks in the two cities have received dividends, but there are still 8 stocks with daily limit, indicating that the motivation to do more locally is still sufficient. The decline of the top stocks in the decline list showed a sharp spread, with nearly 300 stocks falling by 5%. In terms of volume and energy, the total turnover of the two cities in the whole day was more than 230 billion, which continued to maintain a high level.
From the hot point of view, today's resource stocks led the decline in the broader market, and coal, nonferrous metals, steel and petrochemicals generally fell sharply. Among the leading companies, China Shenhua and China Coal Energy both fell by nearly 5%, Sinopec by nearly 4%, PetroChina by 2.5%, WISCO by more than 6%, Baosteel by nearly 4% and China Aluminum by 4.5%. Recently, due to the rise of the US dollar exchange rate, international oil prices and resource product prices have fallen. However, a series of potential expectations, such as clearer economic recovery, inflationary pressure and RMB appreciation, will continue to push up the prices of resource products. The current decline is not only the influence of the trend of the international financial market, but also the normal profit-taking after the continuous rise. If it continues to fall in the later period, it will bring investors a chance to suck low. Other hot spots in the market are still active, and the concept of A stream rebounded strongly in the early afternoon. In addition, auto and Shanghai local stocks are also active, but most of them show a trend of rising and falling. In short-term operation, such strong varieties should be treated differently, that is, don't chase stocks that have risen too much, and wait patiently for the opportunity of low callback.
Judging from the reasons for today's decline, there are mainly the following factors: First, ICBC is fully circulated. Although most analysts believe that ICBC's lifting of the ban has little impact on the market, it is impossible for its major shareholders, the Ministry of Finance and Huijin, to reduce their shares. Huijin has previously said that it will continue to increase its holdings depending on the opportunity, but the market value of circulation has reached an astronomical figure of 1.2 trillion, and the psychological pressure of investors cannot be ignored; Secondly, the issuance of two new shares today and the Growth Enterprise Market, which will be listed on the 30th, have played a certain role in diverting market funds. In addition, the external market has been falling continuously in recent days. Yesterday, US stocks plummeted, which became the direct trigger for the market to fall into adjustment. From the perspective of the market outlook, we still believe that A shares will continue to fluctuate and rise, and the medium-term trend has not changed under the background that the economy continues to pick up in the fourth quarter and the performance of listed companies has improved significantly. It is expected that the short-term index will still have a solid adjustment demand. In operation, investors can actively allocate real estate, resource stocks and some excellent varieties that benefit from inflation and the expectation of RMB appreciation.
In terms of individual stocks, market hotspots have spread in an all-round way since the holiday, and the theme investment has once again ignited the enthusiasm of investors. The concepts of pre-increased performance, A-stream and Internet of Things have been sought after by the market. We continue to emphasize our previous view that the investment opportunities of local stocks in Shanghai stock market will still have active opportunities under the support of a series of heavy and favorable themes such as Disney, state-owned assets integration, Shuang Gang and World Expo. (Shiji Investment)
It should stabilize at around 3000 points.
Today's market crash is really unexpected for this column. This sudden trend comes from the influence of news. We noticed that the volume of transactions was enlarged and panic appeared in the session, indicating that the psychological fluctuation of the market was still huge at sensitive moments. From a technical point of view, the destructive power of today's big Yinxian line to the form is definitely relatively large, so the market still needs inertia adjustment, but there is still the possibility of stabilization near the 3000-point integer mark, which is also the position of the 60-day moving average. The significance of technical support is still relatively large, so the probability of stabilization after inertia decline tomorrow is relatively large.
There are some changes in today's news. First, Shang Fulin, chairman of the China Securities Regulatory Commission, pointed out at the joint meeting of the national fund industry that no institution or individual can violate the three "bottom lines" of "rat warehouse", unfair trade and various forms of interest transfer. Second, the decline in the external market and gold futures will have a certain impact on the A-share market. Today is the day when the size of ICBC is not lifted, and the listing of GEM is just around the corner, and the impact is obviously amplified by the market. Today's decline exceeded expectations, and the news played a very important role.
Although today's decline is very destructive to many parties, we still believe that the trend will not change. We have emphasized that the GEM and the main board are organically linked and inseparable. If the main board takes a bear market, it will be difficult for GEM to succeed. In addition, although the recent market pressure exists objectively, it will not be as great as expected. The Shanghai Stock Exchange's recent largest turnover is170 billion, which is not easy to peak. We prefer short-term adjustment, and the time will not exceed three trading days. So don't panic and stay calm.
Today, ICBC and Sinopec, the two wind vane stocks, fell significantly, and the psychological impact of the "three bottom lines" led to the weakening of the entire blue-chip sector. In contrast, electrical appliances, automobiles and other sectors are obviously resilient. At present, it is the intensive disclosure period of the third quarterly report, and the performance support will play a role. Therefore, although the overall speculation of blue-chip stocks is subject to trading volume, the downside will be limited. In contrast, the trend of strong theme stocks is much better, especially the stocks where the main force is still stationed will continue to have performance opportunities. (Beixin Consulting)