Current location - Trademark Inquiry Complete Network - Tian Tian Fund -

Why did the GEM soar?

Why did the GEM soar?

Because when the index rose sharply in the early stage, many people tried their best to avoid the GEM. I also belong to this type of person. Because I have a principle that I will never touch GEM stocks. The GEM also rose as the index rose after the holiday, and fell as the index rose again. The reason for the decline of the GEM in the past few days is understood to be that the market is chasing heavyweight stocks in the short term and abandoning the GEM. Well, today's GEM has surged. I understand that market funds have turned to chase the GEM, so this sector has surged. Looking at the big picture, the ChiNext has the smallest increase since the rebound in July, so after the index rises, seeking to make up for the increase should be the main reason. In addition, let’s discuss the broader market: The GEM rose sharply early in the morning, leading stocks that were oversold in the early stage to rebound. Therefore, even if many stocks did not rise in the morning today, they were already fluctuating within a very small range. This shows that due to concerns about the index rising too fast in the past few days, such non-heavyweight stocks took the initiative to fall, but now they have stopped falling. Since yesterday, I have been observing the dairy, pharmaceutical and alcohol stocks that fell during the index rise, and they have rebounded modestly since yesterday. This shows that the market is still in a moderate stage. I have a prediction that these stocks are just rebounding and will rarely reach new highs. So although these stocks have been mentioned, they will not be attacked lightly. Nonferrous metals, which fell sharply yesterday, rose strongly in the morning and barely maintained their prices in the afternoon. This wave of index pulls up very quickly, but it is mainly led by oversold heavyweight stocks, rather than such stocks taking the initiative to pull back when the index pulls up. As for heavyweight stocks, they are oversold, so even if they have a large short-term rise, they have not seen a sharp correction. Therefore, bulls will take the opportunity to place orders. Regarding the market volume and this move, I am very careful. This kind of consumption cannot be seen at present.