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Is the stock market going up or down?
In May, confusion and wait-and-see once again enveloped the A-share market. As of the end of last week, the market has fallen by 17.69% this year, and the net value of equity funds has shrunk significantly. However, statistics show that Golden Eagle's dividend value, Golden Eagle's constituent stocks optimization and Golden Eagle Technology's leading three funds have strengthened against the trend. Since this year, the net growth rate has ranked among the first echelon of its kind. Experts pointed out that all three funds are managed by Wang Zhe, deputy director of investment in the stock department of Golden Eagle Fund. In the first quarter, they all maintained low positions, and from the asset industry allocation shown in the quarterly report, the first two industries in which the three funds were heavily allocated were mining and manufacturing. The reason for adopting this strategy is that the market has accumulated a lot of gains in the first quarter, and the negative factors affecting the market still exist. Therefore, we will be cautious in holding positions and pay attention to growth stocks that are basically oriented to good growth and cyclical stocks that are booming. According to experts' analysis, since February, the market has staged a wave of rebound, and some growth stocks have increased by 50% or even higher. In the short term, there is adjustment pressure in the broader market. From a long period of time in a year, there are also many upward challenges. The key to improving the attractiveness of the stock market in the future lies in whether the reform can exceed expectations and thus regain confidence.