Based on the various current stock market environments, weekend news, and external stock market conditions and other predictions, it will not be Black Monday. There is a high probability that the market will continue to rebound oversold tomorrow, and will continue to shrink and rebound weakly.
In fact, if you really want to know whether there will be Black Monday when the market opens tomorrow, you can get the answer by analyzing the above three aspects.
1. Technical aspect of the market
Although the technical aspect of the market is currently in a downward trend, it closed at 3260 points on Friday, which has fallen below the major moving averages, and the center of gravity has shifted downwards.
However, after the long-short game in early trading on Friday, bulls, led by finance and technology, experienced an oversold rebound trend at midday. This shows that there are funds buying the bottom on Friday, and if these bottom buying funds want to exit safely, they must continue to push up the index and individual stocks on Monday in order to make a profit.
Another point is that although the technical aspect of the market has formed a downward trend, the decline will not fall all at once. There will be an oversold rebound on the way, so Monday will continue Friday's weak rebound trend. , Black Monday will not continue to fall.
2. Weekend news
A lot of news appeared over the weekend. The news was bullish and short, but the good news clearly outweighed the bad. Let’s summarize the more important news over the weekend: < /p>
Good news:
1. Convene a symposium of scientists to accelerate scientific and technological innovation, promote key core technology research, and benefit technology stocks;
2. The first batch of scientific and technological innovation The Board 50 ETF was approved, and the Science and Technology Innovation Board has entered a new era of index investment; it is good for the stock market and the Science and Technology Innovation Board;
3. The China Securities Regulatory Commission issued the "Regulations on Media Conditions for the Disclosure of Securities Market Information", which is good for stocks in the long term market, which is conducive to the healthy development of the stock market.
Bad news:
1. The birth of the first batch of ST shares on GEM, which is bad for related GEM stocks and GEM stocks with poor performance or problems;
2. The China Securities Regulatory Commission has issued approval documents for four companies. At the same time, Ant Financial will hold a meeting next week, and JD CNC will also be listed on the Science and Technology Innovation Board. These are the biggest negative news for the entire stock market.
3. The Shenzhen Stock Exchange continues to focus on monitoring the low-priced stocks on the GEM that have experienced abnormal recent gains, which directly affects some low-priced stocks and some problem stocks on the GEM.
According to the weekend news, it is indeed a combination of long and short. In fact, the positive aspect is technology stocks and stocks on the Science and Technology Innovation Board. If the main board is stimulated on Monday, the main board will inevitably rise. Excessive news is bad for GEM stocks. There is a high probability that the GEM will fall on Monday, so the news is that the main board is strong and the GEM is weak.
3. Peripheral stock markets
According to the performance of global stock markets on Friday, overall oversold rebounds were mainly launched, with mixed gains and losses. Among them, the overall rise of Asia-Pacific stock markets was mainly The Indonesian stock market, the Philippine stock market, A-shares, Hong Kong stocks, etc., which have experienced relatively large gains, collectively rebounded from oversold conditions.
On the other hand, the European and American stock markets also experienced mixed gains and losses. In fact, the ones with larger increases were the Russian stock market, the Swiss stock market, the U.S. stock market, etc. Even if the stock markets of some countries fell on Friday, the decline was less than 1%, a slight decline.
From the perspective of external stock markets, global stock markets are relatively stable, and there is already a need to start an oversold rebound. After several trading days, the decline has come to an end, and this weak rebound will continue. At the beginning of next week, although the adjustment is not over yet, there is a high probability that it will continue to fall in the second half of the week.
Summary analysis
Based on the above analysis based on the current market technology, weekend news, and the performance of global stock markets, the results of the analysis from these aspects are that there will be no major negative impact on tomorrow’s stock market. On the contrary, there are more benefits.
So according to analysis from many aspects, we will continue to start a weak rebound tomorrow Monday, and there will not be a Black Monday. Let’s wait and see.